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Learn how to

grow your business


…in just two hours
An introduction to low risk / high
return marketing strategies that will
help you transform your business

“ Where Robert is different is that he gets results,


he gets them quickly, and he gets them big!”
David Batchelor, Wills & Trusts Financial Planning
Past President of the Life Insurance Association and Board Member
of the Personal Finance Society. Robert Clay
8
An introduction to low risk/high return marketing strategies that will help transform your business

Contents
So, what is marketing?..................................................................... 3
1. There are only three ways you can grow a business........................ 6
2. Accelerate your customer’s decision-making process
and dominate your market.............................................................10
3. Differentiate your business from your competitors.....................12
4. Customers don’t want your product or service!............................18
“Selling to people you’re not in front of...”
5. Find out what your marketplace really wants or needs...
or pay the price of lost opportunity!..............................................19
6. Telling your ‘behind the scenes’ story will attract
many more clients...........................................................................22
7. ‘Risk-reversal’ will influence up to 80% of people
in favour of your business, over your competitors.......................28
8. Getting your clients to recommend and encourage
other people to seek out your products or services......................31
9. Copywriting tips.............................................................................36
10. How to eliminate all uncertainty and guesswork
from your marketing......................................................................42
Want to learn more…?
Join us on a three day workshop..........................................................45

8 2
An introduction to low risk/high return marketing strategies that will help transform your business

So, what is marketing?


T oo many people believe that market-
ing is all about “running an ad today,
so that they can have sales tomorrow.”
A good general definition of marketing is
“The process of educating people to the
advantages and benefits you offer them
conceiving and then making the
business do what suits the interest of
the customer.”
If it were that simple, you’d already be and compelling them to choose your
extremely successful, and you wouldn’t products and services over those of your In other words the true power of
need to read this book now. competitors.” effective marketing comes from the
market itself. It takes the hopes, dreams
We’re all in business to make money and Another good definition, from Kenrick fears and concerns that already exist in
we do this by providing solutions to our Cleveland, one of the world’s top the hearts and minds of thousands,
customers’ problems. If people aren’t authorities on influence and persuasion hundreds of thousands or millions of
aware of the solutions you offer, you is that marketing should be “Selling to people and focuses and channels those
won’t be in business for long. people you’re not in front of.” desires onto a particular product or
service.
Marketing, very simply, is all about I very much agree with that view,
communicating the benefits of your because you can only be in one place at Even the world’s largest companies find
products or services to your customers one time whereas the perfect sales it impossible to create this mass desire
and prospects. It’s also about message can be in front of hundreds, by simply spending money. You can only
continuously educating your customers thousands or tens of thousands of exploit or satisfy a desire that already
about the benefits you can offer them… people simultaneously, boosting your exists... and if you try to swim against
and accelerating the speed with which effectiveness many times over. the tide you’ll drown or go out of
they make their decisions. business, it’s as simple as that!
John McKittrick of General Electric said
“The principal task of marketing… is not Let’s consider some examples that have
so much to be skillful in making the taken these principles to extreme levels
customer do what suits the interest of success.
of the business, as to be skillful in

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So, what is marketing?

“Toyota is a customer’s company. Mrs Jones is our customer; she is my boss.


Everything is done to make Mrs Jones’s life better. We all work for Mrs Jones.”

Think about it. Not that long ago worth more than GM, Ford, Daimler- Number 3 grocer to the third-biggest
General Motors was the world’s largest Chrysler, Volkswagen, Peugeot Citroen retail group in the world.
and most successful company. It was and Hyundai put together.
successful because it skillfully exploited What sets Tesco apart from its rivals is
the desires that already existed. When Jim Press, former head of Toyota’s North its total commitment to understanding
they stopped doing what suited the American operations, expressed the and satisfying constantly changing
interest of the customer and focused company’s philosophy well when he said: customer tastes. The company led the
instead on what suited them, the “Toyota is a customer’s company. Mrs way among British retailers in the 1990s
marketplace voted with their feet and Jones is our customer; she is my boss. by issuing loyalty cards that allow Tesco,
took GM to the brink of oblivion. Everything is done to make Mrs Jones’s not only to reward faithful shoppers, but
life better. We all work for Mrs Jones.” also to understand what they wanted
Toyota, in contrast, realised that people so they could satisfy their needs. If you
wanted consistent high quality, By focusing on what suits the interest prefer Cabernet to Merlot or Brie to
dependability, ease of use, low running of the customer, Toyota recently became Camembert, Tesco will know.
costs and good customer service. the world’s largest car manufacturer, a
They concentrated on producing the position GM has held for more than 75 I’ve referred to examples here that have
sturdy reliable cars we all take for years. Why? Because they very success- taken the principles to extreme levels of
granted these days. fully conceived and made their business success. But regardless of the product or
do what suits the interest of the cus- service you offer, or the scale of your
They not only taught the rest of the tomer. business, that’s what you have to do too.
modern car industry how to make cars Then you have to communicate what
properly and pioneered the clean hybrid That’s also how Tesco came to dominate you’re offering to your target market in
technologies that are now sweeping the the UK grocery business, accounting the most effective manner.
world, but are also by far the world’s for one in every eight pounds spent in
most profitable car manufacturer, Britain’s shops. In little more than a It’s also been said that “marketing is the
decade, it has grown from the UK’s world’s most undisciplined discipline

8 4
So, what is marketing?

“If you can just market your business a little bit better than any of your
competitors you will gain a massive adantage in the marketplace...”

and if most businesses ran their Although this book only scratches the We only have a few pages to give you a
manufacturing or accounts departments surface, the dynamics you’ll be learn- flavour of some of the things you can do
the way they manage their marketing ing about in these pages are literally to make a profound difference to your
activities, they would quickly be capable of transforming your business business.
bankrupt.” …which happens to be true! with minimal investment of time, effort,
manpower or money. So here goes...
In fact the only reason that most
companies manage to survive is because It’s rather like a petite woman employing
their competitors share their marketing the Japanese martial art of jujitsu.
ineptitude! By exploiting the power inherent in
naturally present principles such as
So, if you can just market your business gravity, leverage, momentum, and
a little bit better than any of your inertia, her physical strength doesn’t
competitors you will gain a massive matter. If she knows how and where to
advantage in the marketplace. If this engage the action of these principles she
book opens your eyes to just a fraction can easily defeat a larger and physically
of your untapped potential, it will have stronger rival.
done its job.
It’s exactly the same when you leverage
the factors that exist naturally both
in the marketplace and within your
business.

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An introduction to low risk/high return marketing strategies that will help transform your business

1 There are only three ways you can grow a business


Before we start getting into detail, the
first thing I want you to understand is
that when you boil everything down to
its essence there are only three ways you
often and buy more products or services
from you. People don’t realise it, but the
cost of acquiring a new customer is
substantial. It would scare the life out
At the top of the first column write
“more customers”, at the top of the
second “more value” and the third
“more frequency”.
can grow any business. of most people if they sat down and
worked out how much it cost them to Now, under the respective headings list
Do you know what those 3 ways are? acquire each customer, especially when the number of customers you have, the
you consider any advertising costs, time average amount they spend in a single
The first is the most obvious; it’s transaction and how often, on average,
increasing the number of your customers. writing proposals and follow up calls
each sale may take. they buy from you each year... like the
This is where 97% of businesses in the following example. You’ll notice that
UK focus the majority of their time and It also takes plenty of time and effort to multiplying these figures together will
attention. But the second and the third build people’s trust to the point where give you your annual revenues.
are actually where you have the greatest they’re willing to do business with you.
potential for leverage and growth. X X X =
As a result the cost of selling your Customers Value Frequency Revenue
The second one is increasing your customers more, or selling to them more 1000 £250 2 £500K
average transaction value, which means often, is inconsequential in comparison
the amount of money your customers to the cost of acquiring the customer in
spend in a single transaction and the size the first place.
of the profit that sale produces for you.
To understand what a difference this
The third one is increasing your realisation could make to your business
customer’s frequency of purchase, which simply take a sheet of paper
means you get more value out of every and divide it into 3 columns.
client. You get them to come back more

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There are only three ways you can grow a business

“When you choose to double your number of customers you’re also choosing the hardest, the most
expensive, the most time consuming and most stress inducing option available to you...”

Let’s say that you intend to double your double the space you occupy, double double your business for a fraction of the
business, where would you focus your your number of staff and improve your time, effort, manpower, money and risk.
attention? If you’re anything like 97% of management processes substantially.
businesses in the UK you would focus on X X X =
doubling your number of customers, like Let’s say you do that. How long will it Customers Value Frequency Revenue

this: take to get your new team members to a 1000 £250 2 £500K
point of competence and stability? How 25% 25% 25%
X X X = many will ever even reach that point? 1250 £313 2.5 £978K
Customers Value Frequency Revenue How many more people will you have to
1000 £250 2 £500K recruit before you get there? How many How easily can you achieve a 25%
100% mistakes will be made in the meantime? increase in each dimension? Well we
2000 £250 2 £1 million What will that cost you in financial and help companies to implement over 100
management terms? strategies to increase the frequency and
Now if you focus on doubling your value of your transactions, whilst retain-
number of customers as shown above, In other words when you choose to
double your number of customers you’re ing your existing business and building
you WILL double your revenue. However up your client base.
it not only takes time to build people’s also choosing the hardest, the most
trust, acquiring new customers from the expensive, the most time consuming If just a small number of these strategies
“cold” marketplace also costs between and most stress inducing option were applied to each of the 3 dimensions
five and fifty times more than doing available to you when compared with the in your business, it’s often easy to
more business with the customers who other options. achieve a 25% increase in your results.
already know and trust you. Alternatively, if you increase your What would happen if you were able to
Also, if you double your number of business by just 25% in each of these double your business in all three
customers, you’ll probably have to three dimensions you will still just about dimensions?

8 7
There are only three ways you can grow a business

“Do you use four or more approaches religiously for generating your leads and enquiries?

Others have emerged from obscurity and Over the past ten years I’ve posed that
X X X =
Customers Value Frequency Revenue become market leaders in their field in a question to thousands of people in
1000 £250 2 £500K very short time. business and have discovered that
100% 100% 100%
thirty nine out of every forty businesses
If you decide to harness this type of in the UK rely on three or fewer methods
2000 £500 4 £4 Million geometric growth you can achieve for 100% of their growth, 100% of their
similar increases in your business. It will sales, 100% of their profits, 100% of
It would take our example business from
cost you less than doing it the “normal” their security and 100% of their ability
£500K in sales to £4 million... an eight-
way, it will produce dramatically to invest in the future.
fold increase in revenues!
better results, your growth will be more
From the outside looking in, it would sustainable, your business will be worth Probing further, I’ve discovered that the
be easy to believe that you must have more... and it may even give you enough 80/20 rule is alive and well. It turns out
eight times the number of customers, time to have a life! that for most organisations around 80%
when all you’ve really done is double of their business comes from just one
So remember, in order to maximise the approach while the remaining 20%
your business in each of these three
potential of your business grow it in all comes from the remaining approaches
dimensions.
three dimensions! combined.
In just 9 months one of my clients, an
Now that you appreciate the importance If you’re over-reliant on just one
independent estate agent, increased his
of increasing your business in all three strategy, what would happen if that
penetration from 6% of houses sold in
dimensions how do you go about doing strategy stopped working?
his area to 35% by harnessing this
it?
‘business growth geometry’ alongside
some of the other ideas mentioned in Consider this question: Do you use four
this book. or more approaches religiously for
generating your leads and enquiries?

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There are only three ways you can grow a business

Here’s an example: This is where you need to recognise a


critical factor. Every industry, including
I was approached a few years ago by a car your own, basically depends on one
rental company. 80% of their business primary approach for generating
came from their Yellow Pages ad. That almost all of their customers. If that
was fine until Yellow Pages published one approach were to fail, it could
their ad with the wrong phone number. compromise your business.
All of a sudden the calls stopped coming
in... and there was nothing they could But you don’t have to be limited. There
do about it for another year. A full is no law restricting you to only one
refund from Yellow Pages wasn’t much approach, particularly when that one
help. They were on the verge of oblivion approach may be a lot less effective than
simply because they were over-reliant on some of the other alternatives available
one single strategy for the bulk of their to you.
business.
The secret is to put a number of
approaches to work in all three dimen-
sions of your business simultaneously.
You’ll not only achieve better growth,
but if one should fail you for any reason,
it might inconvenience you, but it’s not
as likely to compromise you ❖

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An introduction to low risk/high return marketing strategies that will help transform your business

2 Accelerate your customer’s decision-making process


and dominate your market
If you were asked what one thing
determines your success in business
more than any other single factor, what
would you answer?
Let me explain...
Decision speed is the time it takes your
customers to go from initial awareness
making your products or services
become easier to decide on, it’s often
possible to cut the decision time in half.
to enthusiastic, full use and recommend- If as a result your product now achieves
Perhaps you’d say it was down to the ation of your product or service. This in its expected one-year market share in
quality of your product or service, or turn is governed by the simplicity, ease six months, you will effectively have the
your people, or trust, or competitive and sometimes fun of the decision- time and resources to do the same thing
prices, or availability,or profitability, or making process. again in the remaining six months,
the number of customers whoreturn to giving you 40% share by the year’s end...
do business with you again. Focusing on this aspect forces you to or so you might think...!
organise your product or services
These are the responses I get all the time. superiority, positioning, image, value,
While they’re all good answers, your customer satisfaction and guarantees
success in the marketplace is actually into the most potent combination
determined more by the time it takes possible.
your customers to decide on your
product or service than by any other To illustrate the point, suppose that five
single factor. similar competing products are launched
into the same marketplace at the same
Therefore the most important way of time. If all things were equal, each would
increasing your sales and dominating eventually capture 20% of the market.
your market is to increase the speed with
which your customers make their If the decision speed for those products
decisions. is around a year... but you now find a way
of accelerating several of the time
consuming steps in that decision cycle,

8 10
Accelerate your customer’s decision-making process and dominate your market

In reality, when you factor in the psycho- To achieve this outcome you need to
logical advantage and extra momentum appreciate that choosing a product or
you gain through this process, the out- service is not a matter of making a single
come will often be an even bigger market decision. It is an extended series of
share. 60-80% is not unusual. This is a decisions. The process of deciding is
pattern you can observe for many frequently slowed by a number of time
market leading products and services. consuming bottlenecks.
If you can identify and minimise just
a few of those decision bottlenecks for
your customers, you can make it easier
for them to decide. This will then reduce
their decision-making time, thereby
accelerating your sales and market share.
Let’s now look at some of the ways you
can do this ❖

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An introduction to low risk/high return marketing strategies that will help transform your business

3 Differentiate your business from your competitors


The first step in speeding up your
customer’s decision-making process is
to differentiate your business from your
competitors.
Open any Yellow Pages anywhere in the
country at random and there’s a good
chance you’ll see plenty of ads that say
something very similar...
from your competitors, and most
businesses can’t, your prospective
customer will see your business as being
just like your competitors... and when
they can’t differentiate between one
I’ll start by asking you one of the The ad alongside it probably says much offering and another, people tend to buy
simplest but most profound questions the same, and the ad above it, and the on price.
you’ll ever be asked. ad on the next page. In other words lots
of businesses all say virtually the same If you can’t immediately set yourself
Q: thing. apart from your competitors, it generally
“If I’m in the market for your products or means either:
services, tell me why should I buy from So let’s say you’ve now told me why I
you instead of your competitors?” should buy from you. If I’m a smart a) You DO offer your customers one or
shopper I won’t take the first response I more unique advantages or benefits but
I’ve asked this question thousands of receive. I’ll shop around. because you’re so close to your own
times over the past 10 years and the business the excellence of what you do
answers are nearly always the same. Q: every day no longer seems remarkable.
I usually get variations on: What will your competitors say if I ask You take it for granted never thinking
them the same question? to mention it to your prospects. It could
▲ Quality
▲ Service Yes you’re right, there’s a good chance also be because you’ve never clearly
▲ Dependability they’ll say more or less the same thing! identified what is really important to
▲ Trust your customers and as a consequence
▲ Nice people So if you can’t answer the question “Why don’t mention these things. Most
▲ Availability should I buy from you” in a compelling businesses, in my experience, fall down
▲ Competitive price manner that instantly sets you apart on this front.

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Differentiate your business from your competitors

Or… If you don’t, there’s no reason why they basis for all of your subsequent market-
should do business with you instead of ing messages.
b) You don’t offer anything better or your competitor.
different to your competitors which The first part of your USP should deal
means that you’ve only obtained your To do this you need to determine the with your prospects’ fears, frustrations,
business by sheer hard graft, or by being most powerful benefit or advantage you concerns and issues by explaining your
in the right place at the right time often can possibly offer your customers… so commitment to them.
enough. If you throw enough mud at the that it won’t make sense for them to
wall, some of it will stick, but it’s not choose anyone but you to deal with in The second part should tell the story of
the best or the easiest way to build a the future. your business, what happens behind
business, and any time your competition the scenes and what your client will
wants to offer your customers an You do that by identifying the experience when they do business with
advantage that you don’t, they can take advantage, benefit or result your you.
those customers away from you... which customers most desire. You discover the
biggest fears and frustrations your The third part of your USP should
I’m sure you wouldn’t want. eliminate your client’s risks and give
customers have when they deal with
To set your business apart you need you or your industry. You identify what them the peace of mind they need when
to articulate your “Unique Selling they’re not getting from anyone else they do business with you.
Proposition”, otherwise known as your — and perhaps they’re not even getting The final part of your USP should be a
USP. it from you — then you answer that positioning statement that sets you
need by offering it to them... then telling apart from your competitors in a single
In a nutshell, this means that you have them in everything you do that you offer
to offer your customers or prospective sentence or paragraph.
it!
customers a unique, distinctive or
superior benefit or advantage, above and Your USP should be expressed in several
beyond those offered by your competitors. forms that collectively provide the

8 13
Differentiate your business from your competitors

“Dyson became the biggest-selling vacuum cleaner in Britain within 2 years, despite being an
unknown name and costing more than competing products...”

In all cases, to be worthy of the name, “The only vacuum cleaner in the world Dyson finally entered the US market in
your USP must do four things, and it to maintain 100% suction, 100% of the 2002. A market so tough that it’s
must do all four of these things: time.” regarded as the graveyard for many
British companies who often make
1. It must attract attention to your Against all odds, the Dyson became massive losses or even go out of business
business the biggest-selling vacuum cleaner in trying to succeed there.
Britain within 2 years, despite being an
2. It must set you apart from your unknown name and costing more than When Dyson launched in the US, Hoover
competition competing products. had nearly 40% of the market. By the
3. It must fill a perceived gap in the end of 2004 Dyson was the market lead-
Within 4 years Dyson was generating er and had all but destroyed Hoover’s
marketplace worldwide sales of £300 million, repeat- market share, even though at $500 the
4. It must motivate people to take ing his British success elsewhere. For average price of a Dyson in the US was
action. example, Dyson became the number one far greater than it’s competitors. By the
vacuum cleaner only eight months after end of 2005 Hoover had only 13.5% of
its launch in New Zealand. the market.
Here are a couple of examples of USP’s
that quite literally propelled these well In 1996 Dyson became the first British Hoover, owned by Maytag, was sold to
known businesses from obscurity to manufacturer of domestic electrical Whirlpool in April 2006. As Hoover’s
market leadership in a very short space goods to export to Japan, the home of market share continued to plummet,
of time: high tech products, where people were Whirlpool sold Hoover on again in
so impressed by its performance that the December 2006 to the Hong Kong based
James Dyson spent 15 years developing product became a status symbol, selling manufacturer of the Vax and Dirt Devil
the world’s first bagless vacuum cleaner. for £1,200 each. It is now the biggest brands. Dyson’s success has truly swept
His product was launched in 1993 with selling vacuum cleaner in Japan. the world.
the USP:

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Differentiate your business from your competitors

It could be argued that Dyson’s success is easyJet: “Providing a simple, safe, no Remember when Dyson used the slogan,
down to a superior product or because it frills airline service to UK and European “The only vacuum cleaner in the world
is a trendy design statement. While they destinations at rock bottom fares” to maintain 100% suction, 100% of the
may indeed be factors, I would also point time,” they were communicating “Here’s
out that many brilliant inventions fail to easyJet is a massive success story, not what we do for you that nobody else
sell. Why? Because people have no idea least because just about everyone from does.”
what the product can do for them. 6 years old onwards understands what
easyJet stands for. That’s what a unique selling proposition
And that’s where Dyson’s USP made a does for you and your business. It
world of difference ... you could tell at Patek Philippe Watches: “You never distinguishes and differentiates you.
a glance what a Dyson could do for you actually own a Patek Philippe. You merely It communicates to your prospects and
that no other vacuum cleaner could do, take care of it for the next generation.” customers exactly what benefit or
and that it promises to overcome one If you’re not familiar with Patek advantage they can expect to receive by
of the major frustrations of most other Philippe, each individual timepiece takes doing business with you instead of your
vacuum cleaners ... loss of suction. between 9 months and 9 years to build, competitor.
Just as Dyson’s USP set their product and can cost more than a house!
apart from everything else in the The right USP will quite literally attract
marketplace and put the company on attention to your business, set you apart
the map against all the odds, your USP, from your competition, fill a perceived
properly constructed, will do the same gap in the marketplace and motivate
thing for your business.Here are two people to take action... and of course
more examples: it will also answer the question “Why
should I buy from you?”

8 15
Differentiate your business from your competitors

Your challenge is to identify and under- How do you discover your key points of The answers to these questions will
stand what you do or can start doing for difference? become your key points of difference—
your customer that gives them a result those specific areas in which your prod-
or an advantage that’s superior to your Look at the key benefits of your product uct or service excels or is unique. You
competition. Then you need to integrate or service and compare them against position your product or service against
it into all your advertising and selling those of your competition, one by one. your competition by focusing on these
operations. This includes what your sales key points of difference.
people do and say, and all the material ▲ How is your product or service
you use in your brochures, your sales let- better or different? Your key points of difference, clearly
ters, your website etc. expressed, cut through the fog and help
▲ How is it easier, faster, cheaper, your customers picture quickly how your
One of the secrets to making decisions more reliable, longer lasting, more product or service is superior or unique
easier for your prospects, thus speeding durable, more flexible, safer, bigger, and worthy of their attention.
up their decision process, is to express smaller, friendlier, cleaner, more
the specific ways in which your product attractive or more accessible? Your prospects will appreciate your
or service excels or is unique so your homework and clarity, and feel that
▲ Is it backed by better support, better you’re easier to work with, because
prospects don’t have to spend any time service or a better guarantee?
analysing the differences for themselves. you’re easier to understand, which
▲ Does it do something that none of makes it much easier for them to decide
Remember, your prospects are being your competitors’ products or in your favour.
pummeled by all manner of other people services can do?
trying to get their business. After a while
they lose the ability to differentiate, and
everything starts to blur together and
sound the same.

8 16
Differentiate your business from your competitors

You also need to focus on your Once you’ve identified your unique Once that’s done you’ll be able to
customer’s other roadblocks, bottlenecks advantage, your job is to communicate confidently communicate to anyone,
and friction points... that advantage to each prospect by anywhere, any time, the benefits of your
articulating the key benefits of buying product or service—in a way that’s easy
▲ Making your benefits, claims and from you. But, because your prospects to digest and comprehend ... and that
promises obvious, compelling and are always short of time, you must be alone will accelerate your customer’s
easy to test able to communicate these benefits decision speed ❖
▲ Providing relevant and believable quickly, clearly and effectively so they’re
testimonials. easy to remember.

▲ Giving ironclad and generous Unless your benefits are easy to


guarantees remember, your prospect will tune you
out. Your completed USP will help your
▲ Providing demonstrably superior prospects quickly differentiate you from
delivery, training and support your competition.
... and many other things.

8 17
An introduction to low risk/high return marketing startegies that will help transform your business

4 Customers don’t want your product or service!


Whatever your business—whether you
realise it or not— your customer is not
buying a product. They are not buying a
service either.
You don’t buy a vacuum cleaner because
you want a vacuum cleaner. You buy it
because you want a clean home. If James
Dyson invented a device that at the flick
description, but a vivid, benefit-filled
picture that has the prospect wanting
more.

of a switch instantly cleaned your house The moment you recognise that people
What they ARE buying, knowingly or using ultrasonic sound waves, you’d are really buying one or more outcomes
otherwise, is one or more outcomes — never take your vacuum cleaner out of you have an enormous advantage over
a result, a solution, a benefit, an answer, the cupboard again! So what you’re really your competitors, who don’t realise it. In
a value, an enhancement, an advantage, buying is a clean home. my experience that usually means about
an improvement, reliability, time 95% of all the businesses you compete
saving, convenience, avoidance of pain, When you buy a car you don’t buy airbags against.
eliminating worry and fear, freedom, because you want airbags... you buy
protection, better environment, safety, them because you want protection in the And most of those who do realise it,
economy, pleasure, fulfillment, enjoy- event of an accident! don’t begin to use it to its full potential
ment, feelings, self-respect, reward, ❖
happiness or prestige, obtaining love, You don’t buy a drill because you want a
money, health, popularity, leisure, drill. You buy it because you want a hole!
security, entertainment, self-confidence, So start thinking of what you do in
better appearance, pride of accomplish- terms of how your customer will benefit.
ment, satisfying curiosity, success, What do they really want? What out-
avoiding work or risk, self-expression, come or outcomes are they seeking?
pride of ownership, comfort, creativity,
self-improvement ... or indeed dozens of Then tell them about the outcomes
other things they’ll get when your product or service
comes into their lives. Not a boring

8 18
An introduction to low risk/high return marketing strategies that will help transform your business

5 Find out what your marketplace really wants or needs


...or pay the price of lost opportunity!
I explained earlier the importance of
conceiving then making your business
do what suits the interest of your
customer.
clients, your past clients, your prospects
and people who buy comparable products
or services from your competitors.
▲ The reason or reasons why they do
or don’t do business with you.
▲ The reason or reasons why they do
If you ask them in easy, non-threatening business with your competitor.
Where so many people in business go terms and explain that you’re trying to
wrong is that they decide FOR their refocus your business to better address ▲ What’s important to them about
customers what they want and need... and provide for the real needs and your product or service.
and frequently get it wrong! You cannot desires of the marketplace you’ll be ▲ What’s unimportant.
afford to make assumptions. If you think amazed at the response.
you know the answers, you pay a heavy ▲ How your product benefits that
price, and that price is lost opportunity. You’ll not only gain their respect for customer or how it’s used & applied
You therefore have an obligation to having asked them, you will also gain
some extraordinarily revealing answers ▲ What they like most about it.
DISCOVER what your marketplace really
wants and needs. that’ll be invaluable to you in your
▲ What they dislike about it.
marketing.
How do you do that? You ask them to ▲ What first stimulated them to start
answer a series of questions that’ll help The questions you ask should help you to
using that product or service.
you to focus more accurately on their truly pinpoint:
true needs and the key issues behind The answers you get will help you
their buying decisions. ▲ What you offer that no-one else
to understand, identify and most
offers
importantly determine and address the
You can ask them in person, by phone,
▲ The biggest needs that your business real needs of your customers and
by sending out questionnaires or by
fills for them prospects.
inviting them to participate in online
surveys. You can ask your current

8 19
Find out what your marketplace really wants or needs ... or pay the price of lost opportunity!

Dominos Pizza Tom Monaghan, its founder, made many From that research Monaghan developed
assumptions over that time... that his own USP...
Dominos Pizza is a classic example of a people wanted the best pizza, or they
tiny company that succeeded against the wanted the cheapest pizza, or they “Your delicious pizza — delivered
odds and went on to achieve enormous wanted the biggest range of toppings. to your door hot and fresh in thirty
success because it discovered what its minutes or less — or it’s yours absolutely
customers really wanted. After 10 years going nowhere, Tom free”
Monaghan started interviewing his
Founded in 1960 in Ypsilanti, Michigan, clients and discovered three things: Few companies delivered pizza at that
a suburb of Detroit, Dominos aim, quite time, and nobody was delivering pizza
simply, was to be the No.1 Pizza ▲ They wanted their pizzas freshly in 30 minutes, so the USP he developed
company in Detroit within 10 years. made expressed exactly what the customer
wanted and was so distinctive that
▲ They wanted a delivery service Domino’s virtually owned the market
▲ They wouldn’t wait more than for years.
30 minutes

8 20
Find out what your marketplace really wants or needs ... or pay the price of lost opportunity!

“If you could see the world through John Smith’s eyes
you can sell to John Smith what John Smith buys.”

Tom Monaghan says that without that The moment you understand what your To put it another way:
original USP, Dominos would still be one customers really want, what they really
tiny store, and he might still be flipping need, and what they’re drawn to or “If you could see the world through John
pizzas. But within 5 years of develop- repelled by, you’ll become so much more Smith’s eyes you can sell to John Smith
ing that USP, Domino’s went from 18th effective, more persuasive and better what John Smith buys.”
ranking in Detroit, to Number 2 world- connected... because you’ll be talking in Discovering what your clients really
wide. the language they want to hear. want and need will be a transformational
The business has now grown to 6,300 It’ll multiply the results of everything process if you do it ... and also a lot of
stores in 64 countries and in 1998, Tom you do because the moment you deter- fun because it’s so clarifying and enlight-
Monaghan sold a controlling interest for mine these needs, you should incorpo- ening. And again it will accelerate your
over US$1 billion. rate that awareness into your advertis- customer’s decision-making cycle ❖
ing, your sales letters, your literature,
your website, your emails and everything
you or your team do or say.
It amounts to seeing everything from
your customer’s perspective. And when
you start to do that you’ll often discover
that you’ve been basing your entire
selling proposition upon issues that are
relatively meaningless to your customer,
and that what you think is insignificant
may actually be of supreme relevance
and importance.

8 21
An introduction to low risk/high return marketing strategies that will help transform your business

6 Telling your ‘behind the scenes’ story


will attract many more clients
Educating your prospects and customers
better than your competitors is another
key factor that will set you apart from
your competitors and accelerate your
But the headline grabs your attention
and as you start reading on you learn
about a fabulous travel destination. You
may not even have been aware that it
to actually wanting to experience what
the article describes?
I’ve asked that question hundreds of
prospects’ buying decisions dramatically. existed and you’ve certainly never times, and ninety-nine out of a hundred
considered going there before. Prior to people tell me they believe it’s quite
For example, let’s say you read a this article, you knew little or nothing possible.
compellingly written article in a about the place, its people, culture,
magazine or newspaper like the Sunday If it’s possible for mere ink on paper to
scenery, its climate or magnificent have that effect, then why are we not all
Times. When you first spot the headline buildings.
you have no more than momentary or using that power every day in everything
passing interest in the piece. Yet, as you read the article, you’re more we do?
and more enthralled by what you’re You do that by taking your clients and
learning. By the time you’ve read the prospects behind-the-scenes in your
article you want to visit that place. You business; by educating them better than
may even be ready to book a trip right anyone else does about what you do, why
away, or perhaps decide to go within the you do it, how you do it, and what makes
next 12 months, or maybe you resolve to you better.
go in the next five years... or sometime
before you die.
The point is, do you believe it’s possible in
a single reading of a well-written article
to go from passing interest at the most

8 22
Telling your ‘behind the scenes’ story will attract many more clients

Think about it. Whatever your business, ▲ They may not understand how your They’re all asking a silent but burning
I guarantee that your prospects and product or service benefits them. question. That question is, “Why?”
clients don’t begin to understand
everything you know about your ▲ They may not understand all the ▲ Why should I buy from you?
product, your service, your business or implications.
▲ Why should I buy this product over
your profession. If they did they’d either ▲ They may not understand all the another?
be your clients already, or they’d be opportunities.
doing a lot more business with you than ▲ Why should I buy today?
they are doing.The reason they haven’t ▲ They may not understand all the
ways to avoid problems. ▲ Why should I spend this amount of
purchased yet, or purchased at the level
money?
that they could, is because they’re
▲ They may not understand the many
unsure about lots of things: ▲ Why should I put my faith in your
ways they can get the best possible
outcome by using your product or product, or your service, or your
service. company?”

▲ They may be uncertain of the suit You’ve got to help them understand and
ability of your product or service appreciate the reasons why by answering
to their situation, or what perform those questions and overcoming your
ance they can expect from it, or how client or prospect’s fears, frustrations,
much benefit they’ll derive from it concerns and issues. You do that by
or why it’s more appropriate or educating them; taking them behind-
desirable than someone else’s. the-scenes; telling them how you go the
extra mile, or above and beyond the call
of duty.

8 23
Telling your ‘behind the scenes’ story will attract many more clients

A single reading of a behind-the-scenes The Story That Turned Summit People were so impressed by the story
story like this can take people several Shirts Into The Market Leader that they were willing to pay twice as
rungs up the buying ladder in a single much for a Summit shirt as they would
step, dramatically speeding up the The wonderful example I’m going to for competitors’ products of similar
decision-making process. share with you now comes from a long quality.
established but previously largely
In the process of helping hundreds of unknown shirt manufacturer in They would also demand a Summit shirt
people to create these stories for their New Zealand. by name from then on ... and they’d
own businesses over the past ten years recommend Summit shirts to everyone
I have accumulated hundreds of When it was suggested to them that they they knew.
compelling “behind-the-scenes” stories. should tell the story about how they
made their shirts, their reaction was The story was used in a variety of ways.
that nobody would ever read it. After all It was even included within the
everyone already knew what a shirt was. packaging of their shirts.
Didn’t they?
So imagine for a minute that you’ve just
In due course they were persuaded to tell bought a new Summit shirt. You unwrap
the story—which was then used in all of the packaging, and you spot this superbly
their marketing. crafted message. It goes like this:
Even though everyone already knew
what a shirt was, their story had such a
powerful impact that the brand emerged
from obscurity to market leadership in a
matter of months.

8 24
Telling your ‘behind the scenes’ story will attract many more clients

How to make your own SUMMIT shirt

Made in New Zealand doesn’t seem to To make sure cutting is executed to the After hemming the tail with the Union
be “cool” at the moment. Importing is precise measurements which Summit’s Special 39500, all there is left to do is
“in” but hurts our balance of trade. So shirts are known for we recommend trim off the loose threads, press the shirt
why not make your own Summit Shirt. the purchase of an AM5 Gerber Marker carefully and put it on.
It’s simple. Here’s how to do it: Computer which can be yours for a mere
$100,000. But if you don’t want to wait that long
First you travel to Japan and Europe and don’t want to invest thousands of
visiting the leading Cotton Mills to For interlining you buy the heavy dollars in machinery, simply ask your
design a luxurious selection of top weighted 100% cotton “Collino 2300” shirt stockist for a Summit. It’s yours
quality fabrics. If you meet the from Switzerland. It’s the best but instantly for less than half of that.
minimum requirements you can have unfortunately also the most Summit has the staff, the experience
your special designs woven to your expensive. But then again don’t forget and the equipment and makes the finest
own specifications. it is a Summit you are after. After shirts, right here, in New Zealand, since
cutting you can start stitching the 35 1919.
Three to four months later these fabrics parts together. There are some tricky
arrive on your doorstep. You can now operations. We therefore recommend No one ever regretted buying quality.
start designing the style of your shirt. several specialised high tech sewing
To be up to the latest fashion you should machines. There is the Adler 802 for
have consulted some of the leading pockets, the Necci V.A.N. for collars,
shirtmakers in Europe and America with the Durkopp 741 for button holes and
whom you have had - we hope - close Rimoldi 184-00 for french seams. They
consulting relations for many years. are highly complicated but do a brilliant
And - of course - you should have job. After you have practised on them for
attended the major shows in Milan, 2-3 months you should start getting the
Rome, New York and Los Angeles. hang of it.

8 25
Telling your ‘behind the scenes’ story will attract many more clients

Great copy! Simply written but very The more people understand about your significant donations from wealthy
powerful. Think about it though... What product, service or profession, the more private individuals or companies.
they describe would be no different for comfortable and confident they will be
just about any shirt manufacturer. They about buying specifically from you... and While the story was still being drafted
all attend the same trade shows, they all the faster they’ll decide to do business and needed a bit more polish it was
source their fabrics in the same sort of with you. sent out in advance of a meeting at
way, they all stitch them together with the request of a potential donor who
similar equipment ... and so on. Your story may be three pages, or it may knew nothing about the charity and
be seventy pages... or more. What who they’d never met before. He was so
The difference is that you know Summit matters is that you put a compelling impressed by the story that he wrote out
do those things, because they tell you. story together and use sub sets of it as a cheque for £100,000 the first time he
You have no idea about the competitors the basis for all of your marketing met with the charity’s chief executive.
because they don’t tell you. activities.
This was almost unheard of in the
He who takes you behind the scenes and The sooner you do that, the sooner you charity world, where it can take years
educates you, owns you! can convert prospects into clients who to collect the money that people have
eventually become advocates... and the pledged. To cut a long story short the
sooner you can get everyone in your charity achieved an eight-fold increase
team to sing from the same song sheet. in donations in their first year of using
their story.
One of my clients, a charity, wrote their
behind-the scenes journey in the form
of a 10 page real life case study that
explained everything they do and how
they do it. It was aimed at attracting

8 26
Telling your ‘behind the scenes’ story will attract many more clients

In Marketing Wizdom terms, your When those people educated you more
behind-the-scenes journey is one of the than any of their competitors had done
key elements of your USP. As I’ve already you were probably attracted to them at a
mentioned, I have hundreds of compel- much higher level than you were to their
ling stories on file. They’re just ink on competitors ... and you undoubtedly did,
paper. But if they’re written in the right and probably still do, business with them
way those stories will produce the most for that very reason.
amazing results.
I therefore strongly recommend that you
In your business or consumer life there take advantage of the same educational
are bound to be a number of businesses power and take people behind the scenes
who’ve taken the time to carefully in your business. It’ll greatly accelerate
explain to you or tell the story about your customer’s decision cycle ❖
how their product or service works; how
they built up their expertise in their
field; how you could use their product or
service more advantageously... and many
other things.

8 27
An introduction to low risk/high return marketing startegies that will help transform your business

7 ‘Risk-reversal’ will influence up to 80% of people


in favour of your business, over your competitors
The biggest single reason why people
don’t buy products or services from a
supplier, even though they can make a
decision and can afford it, is that they
Just as it’s important to identify what
people really want when they do
business with you. You should also
identify the fears, frustrations, concerns
However up to 80% of people say they’d
be influenced in favour of a business that
guarantees that their product or service
won’t fail… over a competitor that
don’t want to make a mistake or look and issues that hold them back from doesn’t.
stupid. making a commitment.
It’s important to recognise that when
If there’s a chance that someone can a If you then address those concerns by ever two people come together to transact
mistake, it’s often easier to do nothing eliminating the real or perceived risks business, one person is always asking the
because at least they won’t be any worse for your prospects, they can’t help but other to assume more of the risk than
off than they are already! take advantage of your product or they do.
service, in much bigger numbers.
It’s therefore very important that you If you’re asking your prospect or client
entirely eliminate the possibility that Recent research on 7-800 massive to assume the risk when they purchase
anyone can make a mistake or look bad business successes established that one your product or service, a lot of them
when they do business with you. third of those success stories occurred as won’t do it. And a lot of your customers
a direct result of risk reversal. won’t begin to buy at anywhere close to
their purchasing capacity because they
If a product or service doesn’t meet the don’t want to take that risk.
expectation of a client, most people in
business will gladly replace, re-do, make
good or refund to return the client to a
state of satisfaction... yet few will ever
promote or tell you about that guarantee
before the buying transaction.

8 28
‘Risk-reversal’ will influence up to 80% of people in favour of your business, over your competitors

So the key here is to recognise that if you Here’s an eye opening example: Prism Guarantee
can reduce or totally eliminate the risk
on the transaction for your customer, a Prism Pest Eradication Guarantee ▲ You don’t owe one penny until all
lot more people will buy from you — and the pests on your premises have
they’ll buy a lot more, and a lot more One of the most stunning guarantees been eradicated.
often because you’re really reducing the I’ve ever encountered is that of the pest
eradication company in the U.S. called ▲ If you are ever dissatisfied with
barrier of entry, and making it more PRISM’s services you will receive a
advantageous for your customer to buy Prism.
refund for up to 12 months of the
from you than not to buy. Their guarantee is aimed purely in the company’s services... plus fees or
Risk reversal is a simple concept. It commercial sector, i.e. with hotels, another exterminator of your choice
requires little or no investment. It makes restaurants etc. From a small market for the next year.
a massive difference to whether or not share at the ouset, they achieved
enormous success once they developed ▲ If a guest spots a pest on your
people will do business with you. Most premises, PRISM will pay for the
people in your industry are unwilling to a compelling offer based on a unique
guarantee, which must be the ultimate guest’s meal or room, send a letter
do it, which immediately gives you an of apology, and pay for a future meal
edge. And it speeds up the decision- in risk reversal.
or stay
making process dramatically. Let me share it with you and as I do, just
put yourself in the shoes of someone ▲ If your facility is closed down due
who has a catering business, and needs to the presence of roaches or
this service. And at the end of it, decide rodents, PRISM will pay any fines, as
whether you’d accept their offer... well as all lost profits, plus $5,000.

A stunning guarantee! And one I think


you’ll agree GRABS the imagination
and sets this company apart.

8 29
‘Risk-reversal’ will influence up to 80% of people in favour of your business, over your competitors

Now if you were in the catering business, To summarise, a good guarantee will
would you accept that offer? eliminate your customers’ “risk” in doing
business with you, but will not represent
If you think about it, it offers total peace a risk to you. If you KNOW your product
of mind, doesn’t it? There would be or service will provide an absolute
absolutely no risk in dealing with them, minimum result or outcome, you
would there? should have no problem stating that
Would it surprise you to learn that they performance guarantee.
managed to get 80% of their market ... The more specific, measurable, or
and because their guarantee gave people tangible you can make the customers
total peace of mind they were also able expectation of a specific outcome, the
to charge a premium for their service. more appealing your proposition will
How much more do you suppose Prism always be.
can charge with a guarantee like that? 2 If your risk reversal is clearly promoted
times more? 5 times more? it will get you a lot more business, and
In fact, they’re up to 10 times more speed up your customer’s decision
expensive than their nearest competitor process dramatically ...but keeping it a
... yet 80% of the market went to them. secret will get you none. Enough said!

8 30
An introduction to low risk/high return marketing strategies that will help transform your business

8 Getting your clients to recommend and encourage


other people to seek out your products or services
One third-party endorsement can be
more powerful than dozens of
presentations. Getting your clients to
recommend and encourage the people
Referral systems make your life easier
and more professional. They bring higher
profits with increased customer loyalty.
They’re surprisingly easy to set up, and
Re-directing your efforts, attentions
and resources on the area of business
building that’s producing the greatest
result for you can make a substantial
they associate with to seek out your require very little extra effort, cost or difference.
products or services is therefore the time. In many cases they represent the
most coveted prize in business, besides most immediate source of increased I’m not saying that you don’t do the
a sale. customers available to your business. other things, but for a quick result why
not focus on one or two things that
When you do a good job of satisfying So many businesses tell me that a huge already work.
your customers, a large part of your part of their business comes from
business is likely to result from referrals referrals and word of mouth. If that’s Not only is it easy to get referrals when
or “word of mouth”. Every one of your also the case for you, then what percent- you approach it the right way, but refer-
active and inactive clients should there- age of your time, effort and resources do rals also tend to be self-perpetuating,
fore be viewed as a potential source of you spend on referral marketing? with referrals leading to more referrals.
dozens of referrals. Despite this, most businesses have no
If the bulk of your business results from
Referred customers tend to be by far something other than where you spend formal systems for generating referrals
the best and least expensive types of the bulk of your time, effort, manpower ... Instead most of their time, effort,
new customer to have. They’re normally and money, that simple realisation acted and money is spent on activities that
“pre-sold” on what you’re offering, and upon could improve your business produce mediocre results at best, when
they’re also likely to spend more money, massively overnight. for a fraction of that time and expense
buy more often and be more loyal than they could get many times the results
any other client you could have ❖ from referral systems.

8 31
Getting your clients to recommend and encourage other people to seek out your products or services

Curtain and Blinds company generates 900 leads a day from referrals

The best time to ask clients for referrals A superb example of a referral system is 1) It acknowledges the fact that you
is when they are at the height of their the one used by a curtain and blind have a choice of companies to deal with
“gratitude curve”. This is when your company who were turning over around and thanks you for choosing them,
customers are most pleased with the £4.5 million before they put their which deals with buyer’s remorse.
product or service you have supplied referral system in place.
e.g. when you have just eaten a gorgeous 2) It confirms that you’ve made the
meal at a nice restaurant you’re more Their referral system now generates 900 right purchasing decision by reassuring
likely to recommend it. When does that leads every single working day, day-in you that they care, inviting you to
occur in your business? and day-out. That’s over 225,000 leads a express any concerns and reiterating
year! They now have sales of £25 million that you’ll be looked after.
Referral systems can be put together a year and attribute 85% of their
in many ways. Over the years I’ve business to that referral system. 3) It reminds you that your curtains or
accumulated details of over 3,000 blinds are covered by a 2 year guarantee,
different systems in just about any Their referral system is a very nicely that they’ll do whatever is necessary to
industry you can imagine. written letter that’s sent out when guarantee your satisfaction, and that
people are at the height of their “guarantee” is more than just a word
gratitude curve. In their case that’s they use, it’s an attitude they practice.
immediately after each transaction is
completed, before the novelty of the new 4) It states that they want you to be
curtains or blinds has worn off. The more than just a customer, they also
letter does several things: want you to be a supporter, someone
who is so impressed with their service
that you recommend the company to
your family and friends.

8 32
Getting your clients
An introduction to recommend
to low and encourage
risk/high return marketing other people
strategies towill
that seekhelp
outtransform
your products
youror services
business

5) It also states that they know that sort of people are most likely to benefit That is a great tip. Never assume your
it is a privilege they must earn, so you from the Kresta presentation... client KNOWS what sort of people to
can always expect them to “go the extra refer to you. Help them out with likely
mile” to ensure that you’re delighted, to ▲ Newly-weds or people who have suggestions.
try that bit harder for you at all times. recently set up home together
Another great tip. When the coupon
6) They also explain that you’ll be ▲ Moving — People who are moving is returned completed by a client... a
rewarded for each person you refer, and house orwho have recently moved special thank you note goes out to the
with that in mind, they’ve arranged a house person doing the referring... together
special surprise... £20 towards fitting ▲ Houseproud — People who’re ready with an extra certificate. After all, if they
further curtains or blinds, or £10 to upgrade their home took the time and cared enough to refer
towards household or electrical goods once, aren’t they the perfect prospect to
for each person you refer who has a ▲ Lottery winners, or people that have refer again?
presentation in their home. had awindfall, inheritance or legacy!
Referral systems are surprisingly easy
7) A certificate is enclosed, to refer ▲ Sick ‘n’ Tired — Neighbours... whose and inexpensive to set up. They also
other people, and a freepost envelope to curtains probably just faded when represent the most immediate source of
make it easy to respond. they saw your new ones! increased customers available to your
business.
8) On the front of the certificate there
is space to put your name and address, Besides asking in the right way at the
and on the back there is space for the right time, the key ingredient to making
names and phone numbers of two your referral systems work is that your
friends. And in a nice extra touch it gives customer must understand and
a whole series of suggestions as to what appreciate the value and benefit they
receive from your product or service ...

8 33
Getting your clients to recommend and encourage other people to seek out your products or services

“It’s a good idea to do something in advance for the person from whom you want referrals.
This will induce the law of reciprocity.”

... which comes back to educating them It’s a good idea to do something in A classic example of this was when the
better than anyone else in your industry. advance for the person from whom you owner of a web design company ap-
want referrals. This will induce the law proached me a few years ago asking for
The best time to ask for referrals, as I of reciprocity. It could be as simple as my help. He had tried for two years,
mentioned earlier, is when your noting down their birthday and sending unsuccessfully, to meet the managing
customers are at the height of their them a birthday card, hand signed by director of a well known local company.
gratitude curve. you and your team. It’s 100% personal,
and is definitely not a common He had a proposition that he knew
This could be when they’ve just bought would be excellent for both parties ... but
your product or service, when you’ve occurrence in most people’s lives, to put
it mildly! despite many attempts just couldn’t get
fulfilled your promised service or to meet him. So he asked me for ideas.
obligation, or when you’ve just done Buying them lunch or referring someone
something really great for them. to them, may also do the trick. I asked him if he knew anyone who
knew this MD. It turns out that he knew
Just as there are likely to be certain Finding out what they’re passionate someone who played golf with him every
times, depending on your business, about can also give you a massive pay- week. I asked him to find out what this
when customers are at the height of back. Cut out and send them articles on person was passionate about.
their gratitude curve naturally, you can the subjects that you know interest them
also do simple things to put your when you come across them. It’s 100% It turns out that, besides golf, he was
customers at the height of their personal, and even if they’ve read the passionate about Microlight flying. We
gratitude curve pretty much at will. article they’re still likely to be grateful, both knew what that was, but neither of
because it shows that you are thinking of us had more than passing knowledge on
them as an individual. the subject. So we searched on Amazon,
and found over 90 books on the subject.

8 34
Getting your clients to recommend and encourage other people to seek out your products or services

By looking at readers’ reviews, we quick- So he did! He asked his contact if he Once someone is at the height of their
ly found one with dozens of glowing knew the MD of this company, which he gratitude curve, and willing to refer you
write ups... and it only cost £12, so we did. He explained how hard it had been to other people, you also need to give
bought it. to meet him, and asked his friend if he them a vivid picture of who in their lives
could have a word in his ear to open the would benefit the most from your
Inside the cover we wrote a message door. products or services. Then offer the
that said, in effect “I spotted this book people they refer a special risk-free
the other day and couldn’t resist buy- His contact was only too delighted to incentive.
ing it for you knowing your interest in oblige, and within two weeks he met and
Microlight flying. Enjoy it. It’s a token presented to the MD. To cut a long story If you do this every day with every
of my appreciation for all the business short, that £12 book was responsible for customer you interact with — and you
we’ve done over the years.” He then him landing a £500K annual web design also get your key team members to do
signed it, packaged it and posted it off. contract that has now continued for it, you can’t help but get dozens or even
more than seven years. hundreds of new clients... and I hardly
He didn’t have to wait long for a need to say that if a client has been
response. The next morning he got a £3.5 million of business for an referred to you by someone who has no
phone call from his contact who was investment of £12. Not bad! axe to grind, their decision cycle will be
absolutely thrilled with the book, and much shorter ❖
needless to say was at the height of his
gratitude curve. He made the point that
if there was anything he could do to
return the favour, please just ask...

8 35
An introduction to low risk/high return marketing strategies that will help transform your business

9 Copywriting tips
Your advertising and sales letters should
be nothing less than “salesmanship in
print.” In other words they should do the
same job that a top salesperson would do
People don’t buy bullet points. They buy
well reasoned explanations that take
them step by step through a process that
attracts their attention, increases their
If you’re sending a sales letter, for
example, your letter must contain as
complete and total a sales presentation
as is humanly possible.
if they were face to face. awareness, builds their desire and
motivates them to take action. I’ll give you a few pointers on this soon,
Most adverts and sales letters fail but right now I want you to understand
dismally because they are little better These are the same steps that you’d have that good copy-writing is taking a
than communication by bullet point. to go through to make a successful face message that a salesperson would
to face sales presentation. present in person, one on one, and
Think about it, if you were face to face presenting it to hundreds or thousands,
with a prospect and you were only Effective advertising, sales letters, or hundreds of thousands, of people
allowed to say what you’d put in your brochures, websites, proposals etc. simultaneously.
advert or your sales letter, would you require you to take, then adapt, the same
make the sale? elements that make a salesperson
successful.
If your answer is no, then how can you
possibly expect the letter or ad to sell The simple fact is that all you have to do
your product or service? to create powerful, effective and very
profitable advertising, sales letters,
radio commercials or even brochures,
fliers and websites is to take the same
elements that make your sales present-
ations work then modify and apply them
to whatever advertising medium you’re
using. It’s that simple.

8 36
Copywriting Tipsto low risk/high return marketing strategies that will help transform your business
An introduction

Write to just one person yet not one in a hundred people get it lives in a small way. Write naturally and
A key distinction to remember and right. genuinely and you’ll affect them posi-
appreciate when you’re writing copy is tively.
that you should write it as if you were Write as you speak
writing to just one person. Even though You’ve all seen those classic bureaucratic
you may buy an ad on a radio station gems that go:
that’s heard by five thousand people it’s
still listened to by just one set of ears at “We refer to your letter of the 23rd in-
a time. stant regarding your purchase of an XYZ
Model Widget and wish to advise further
Even though your newspaper ad may developments on same...”
be seen by hundreds of thousands of
readers, it is read on the train, in coffee Terrible! No one ever speaks that way...
shops, in offices and in homes, by one so why write that way? Be you. Write as
person at a time. you speak (within reason!). Even better,
write from the heart. People always pre-
Even though you may send out 10,000 fer to deal with someone who is passion-
letters this week, they are received by ate about what they do, so let that come
one person at a time, and read individ- through in the way you write.
ually by that recipient ... so always write
to the one person who is reading that ad What to you may be “just” a standard
at any one time. letter, to your prospect or customer, it
is an important, personal communica-
Here are a couple of “million dollar” tion from someone they trust. What you
copywriting tips, which seem so simple; say and HOW you say it, will affect their

8 37
Copywriting Tips

Use the ‘Point of YOU’

Here is a golden rule. Always write as if Then with the GREEN pen, highlight
you’re looking through the recipient’s every time you see “you”, or “your” or
eyes! That way, you will focus on what the other person’s name, or the name of
THEY want and not what YOU want. their company.
This will make a PROFOUND impact Now... COUNT the green and red
on how your written communication is highlights. If your communication is
received. Yet it’s such a simple technique. effectively written, in what we call a
Use the word “you” in your copy and cor- “Point of YOU” format, you’ll have about
respondence far more frequently than 5 GREEN highlights (you’s!) to every
the word “we.” RED (we’s) highlight.
To check how effectively you do this, If your ratio is the other way, YOU HAVE
here is a simple but very effective exer- A PROBLEM! Your focus is on YOU, NOT
cise you can carry out. Get all of your the reader.
existing letters, brochures, direct mail
pieces, proposals, website content, ad- Simple. But effective, I guarantee you.
verts and your company profile. Then get
a red highlighter and a green one. Then
go through each of your written pieces...
and highlight with the RED pen every
time you see the word “I”, “me”, “my”,
“we” “our” or “us” or the name of your
company.

8 38
Copywriting Tips

Bank Letter
How NOT to do it...

Now let’s have a look at some examples Dear Mr. X


of how not to do it, in contrast with the I write further to your recent conversation with my colleague, Adrian Berry, to introduce myself,
way it SHOULD be done... and the service I provide, which I believe will be of interest to you.
The first is a letter from a bank (which I operate from Bank House where I act as Relationship Manager to various small businesses.
will remain nameless to spare their My objective is to provide my customers with a specific point of contact for all their banking
embarrassment). It’s a classic. requirements.
In future, I would be delighted to act as your business Manager and would suggest that if you
are agreeable to this, we meet up to put faces to names and consider any ways you feel I may be
able to help you with your current business activities.Unfortunately, as I do not appear to have
your contact telephone number on file, perhaps you would like to call me to arrange a mutually
convenient appointment.
I look forward to hearing from you in the near future.
With kind regards.
Yours sincerely
xxxxxxx
Business Manager

8 39
Copywriting Tips

Now let’s look at a letter written in a Before they went live with the letter it
“Point of YOU” format. was tested on twenty prospects who had
already slammed the door in their face.
This was written for one of our clients, Amazingly for the client, who had been
a recruitment company who were very convinced that letters wouldn’t work,
good at keeping business once they’d fifteen out of the twenty prospects con-
landed it, but found it hard to win new tacted him within a few days of receiving
business because recruitment is so the letter, and what had been a major ef-
competitive. fort before became an effortless process.
They had tried writing letters in the past, Here is the start of that letter ...
but they hadn’t worked.
We helped them to put together their
“behind-the-scenes” story, as mentioned
earlier in this book, then put together a
three page letter, the beginning of which
is reproduced on the next page.

8 40
Copywriting Tips

Your Hassle Free Search & Selection Service…


Providing Valued Managers Who Share The Same Ethics and Drive as You

Recruitment Company Dear xxxxx,


How it SHOULD be done! For your company to perform as effectively as possible, you need to find the right people
for senior and middle management. Not only do you need people with the right back-
ground and experience … but you deserve people who’ll be valued members of your team.
Can you see the difference this makes? By discussing with you, your individual requirements, we’ll provide you with a hassle free
Even the headline has “you” in it twice. process on which you can depend. Your time will be left free to manage your business
Before you’ve even started reading the until your shortlist is ready for presentation.
letter, it’s “your” hassle free search and
selection service. Understanding Your Needs
Our first meeting with you will identify your exact requirements. Firstly we want to
know as much about you as possible. The history of your company and the nature of your
Advertising and sales letters should be
business; your markets; your strategy and culture – the challenges that face you in the
salesmanship multiplied ... but ultimate-
future.
ly it’s you talking to me, the customer or
prospect, one on one. You’ll feel more secure knowing that we fully understand the purpose of the role; its
dimensions; the primary relationships (internal and external); the key result areas; the
So use these copywriting tips whenever performance indicators; the decision-making demands; the key competencies and the job
you write anything that requires the challenges.
recipient to take action and see your This information will enable a profile to be designed of the person who will best suit your
results soar ❖ requirements, enabling us to look for far more than just the right background and experi-
ence.
After the meeting we’ll feed back this information to you so that you can be sure we have
a full understanding of what is required from your new team member before the recruit-
ment drive commences.

The Right Candidates for You


We will source your candidates by using the most cost-effective methods for you.
Targeted search or advertising may be used... (the letter continued for 3 pages...)

8 41
An introduction to low risk/high return marketing strategies that will help transform your business

10 How to eliminate all uncertainty and guesswork


from your marketing
How can you always be certain of results
from your marketing?
Simply put, if you do nothing more than
HALF PRICE ... 50% OFF ... SAVE £11 ...
TWO FOR £22 ... BUY ONE GET ONE
FREE.
you will be amazed that one approach
always out-pulls all the others. You’ll also
be amazed at how much better you can
do with the same amount of time and
try one approach against another, one When we ask that question the audience effort.
supposition against another, one way of normally agree that fundamentally,
doing something, of saying something, they’re all essentially the same in money It’s amazing how few companies ever
of pricing something, of guaranteeing terms. Yet, clearly, one out-pulled the test any aspect of their marketing and
something, of explaining something, of others. Can you tell which one it was? compare it to something else. They bet
promoting something against another, their destiny on arbitrary, subjective
and you measure and compare results, BUY ONE GET ONE FREE frequently decisions and conjecture. You don’t have
you’ll be delighted and surprised to see achieves 300-500% better response than the right or the power to predetermine
that one way will always out-perform the others! Illogical. But true. what the marketplace wants and what
another, sometimes by a massive Think for a minute about the selling the best price, package, or approach
margin. approach you’re currently using, your will be.
It’s not at all unusual, when you compare current pricing structure, the benefits Rather, you have the obligation,
the effectiveness of one approach against you may be concentrating on when opportunity, and power to put every
another, for the superior approach to you’re selling your product or service. important marketing question to a vote
out-perform the inferior one by as much They could be under-performing and by the only people whose ballots count:
as 5, 10 or 20 times. delivering as little as 5% of their true clients and prospects, who vote with
potential! their cheque books, credit cards, and
Try this exercise. Which of the contracts.
following “offers” would you be more The point is - and this is not guesswork
likely to respond to? - when you test one approach against
another and carefully analyse the results,

8 42
How to eliminate all uncertainty and guesswork from your marketing

Testing is a fantastic way to prove, Every individual response was carefully What a discovery to find early on in the
inexpensively, the power of a headline. tracked and recorded. The actual marketing process! This is the kind of
documented results may surprise you. information that can help you make a
It’s always a good idea to test the fortune as a marketer! The key in this
response before committing to a larger- Total sales were 165 units over this case, was the headline and the ability to
scale rollout or costly display ad or letter. testing period. Here’s a breakdown of determine the most effective appeal
the results produced by each specific to use.
One company discovered the value of headline:
testing by trying 4 different headlines That’s the value of testing. Use it and it
for a diet product, over a 3-month 1. 13 Sales (8% of total sales) can help you find a winner, too.
period. The sales material remained “Breakthrough New Diet Product!”
identical. Only the headline was You’ll never maximise your performance
different in each case. 2. 8 Sales (5% of total sales) unless you know how to make the best
“A New Diet Revolution!” use of your time, opportunities, efforts,
The headlines were as follows: 3. 98 Sales (59% of total sales) and investments.
1. “Breakthrough New Diet Product!” “How A “Bristol Housewife” Lost 23.5 You can’t get the best results until you
Pounds In 32 Days!” comprehensively evaluate all the
2. “A New Diet Revolution!” 4. 46 Sales (28% of total sales) different approaches you have available
3. “How A “Bristol Housewife” Lost 23.5 “Dieting Secrets Of A Desperate in all your business activities.
Pounds In 32 Days!” Housewife!”
One approach will often out-perform
4. “Dieting Secrets Of A Desperate As you can see, the most successful another, many times over. The odds are
Housewife!” headline produced nearly 12 times the that you are currently under-perform-
number of sales of the least responsive ing and not reaching your full potential
headline! That’s a huge variation. because you’re depending on the wrong
actions or approaches for your success.

8 43
How to eliminate all uncertainty and guesswork from your marketing

You can right that wrong and never doing with whatever test approach out-
make those mistakes again. performs the original, keep on testing
additional factors.
Testing applies to every aspect of
marketing. You can do small, Make specific offers and analyse the
inexpensive tests. number of responses, prospects, and
resulting sales for each specific ad. Then
If you run ads in newspapers or compute the cost per prospect, the cost
magazines, test different approaches, per sale, the average sale per prospect,
different headlines, different emphases, the average conversion per prospect, and
different packages, different rationales, the average profit per sale against your
different pricing, and different bonuses control. This reveals the winner, which
on top of the basic offer. we call “the control” that you will keep
Test different ways of getting people running until a better control beats it.
to contact you. Test positioning in the Remember, an ad costs you the same
front, back, right, or left-hand side of whether it produces one hundred
the page. prospects, one thousand prospects, or
Test your sales presentations too. ten thousand prospects … or none!
Then test different recommended open- It stands to reason that you should test
ing statements against whatever it is you different ad approaches and find those
currently use. You’ll find a big improve- that out-pull all the others. Then use
ment in results here, too. those approaches to maximise your
After testing your headline or opening investment.
statement, and replacing what you were

8 44
An introduction to low risk/high return marketing strategies that will help transform your business

Want to learn more…?


Join us on a three day workshop
Robert Clay’s 3-day “Quantum Unlocking your vision Understanding how everything
Leap” workshop will give you the comes together
For many people it unlocks a vision
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inspiration, the reassurance and expands it and gives that vision pieces of the jigsaw fit together to create
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make a substantial difference in believable and achievable manner, in individual stamp on it … and
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what they do and the things they most people have approached it.
enjoy doing.
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8 45
Join us on a three day workshop

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H earing about this workshop


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That means that there is no risk whatso- Email: office@marketingwizdom.com
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the workshop will make a substantial dif- Marketing Wizdom Ltd
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MK9 2FR
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8 46
Robert Clay has been growing businesses since age 19 and has built
up a wealth of knowledge on marketing. He started his first business
with no capital, reaching no.3 in his field in the UK within 7 years. His
second business reached No.3 in Europe after 3 years.
After selling both businesses he was persuaded that his approach to
marketing could be used to grow any business successfully. He sub-
sequently studied over 100 of the world’s most successful business
growth strategies.
He also conducted an unusual decade-long marketing experiment,
providing smart successful business leaders with world-class knowl-
edge of low-risk/high-return marketing strategies that really work.
Many of the participants went on to achieve success and market
leadership in their fields. That process eventially led to a new way of
helping aspiring market leaders to achieve their aspirations.
Robert was independently ranked as the UK’s No.1 marketer out of
42,559 UK advertising and marketing professionals on LinkedIn,
based on rankings sorted by recommendations.
This, his first book, is based on the content of a wildly popular
2-hour introductory seminar that he delivered for some 10 years.
It will provide you with an array of simple, obvious, common sense
and immediately useable marketing ideas that are guaranteed to set
your business apart, attract an abundance of prime prospects, and
allow you to break into lucrative new markets, even if you have a
tiny or non-existent marketing budget.
Published by
Marketing Wizdom Ltd
Phone: 01908 933535
Email: office@marketingwizdom.com
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