The four-step formula for more powerful marketing and advertising

Every day your customers are bombarded with hundreds of marketing messages and advertisements. They are there when they turn on the television, listen to the radio, drive past a billboard, wait at a bus stop, go to a public bathroom, search online, open an email, read a magazine or newspaper and even check their letterbox. 

As a result the customers you are targeting are smarter, more informed and value driven, they research their purchases and tend to see through the marketing hype and the manipulative, pushy sales tactics. They are time-poor, have shorter attention spans, scan more than read and want to know what you can do for them before they give you any more of their time or money.

To reach them, your marketing approach needs to be different, strategic, targeted, customer-focused, value packed and concise. Not always the easiest feat, but here’s a little helping hand, a four-step formula you can follow to help you create more powerful marketing campaigns, advertisements and copy.

Step One – Know who you are marketing to and why 

High conversions and great results come from strategic and targeted marketing campaigns where you truly “get” your customers and what they need or want.

To do this effectively you need to be revisiting and redefining your target market regularly. Your customers needs, problems and priorities can change, and who you want to target can change based on your experience, price increases, product changes, the campaigns you are running and your customers’ willingness and ability to spend.

Drill down as specifically as possible so you can find the commonalities in the group of people you are targeting. This will help you uncover which pain point, solution and incentive will be the most effective. I can’t stress enough how important this is to establishing a personal message, the kind that makes your customer feel that you are talking directly to them, even though you may be targeting thousands. 

Step Two – Identify what you are really selling

In order to market your business effectively you need to know what you are selling. This doesn’t just mean being an expert in your products and services, it means becoming very clear on what benefits you are offering your customers. 

To give you an example, let’s use an accountant. Service wise an accountant may offer customers tax returns, bookkeeping, BAS lodgment and structuring, but what they are really selling is peace of mind and security. Their customers can feel at ease knowing that their financial obligations are taken care of and their assets are protected if worse ever came to worse.

In the same way, a mattress store is selling comfort and a good night sleep. A fencing company is selling safety and security for your family. When you find what you are really selling, you can find the emotional pull, motivator or persuader that will most appeal to your target market.  

Step Three – Work out how you do it differently

When you know what you are selling and the benefit it supplies, you need to work out how you do it differently to everyone else. This will allow you to shape a more powerful outcome or result that people will receive simply by choosing to work with you.

Look at what your customers want and need, and then look at what your competitors are doing and not doing compared to you. What is different? What makes your product, service, business or you as a provider different and of more value to your potential customer?

Do you have more experience or expertise? Do you have better processes or follow up? Do you have a guarantee? Do you have consistent or unrivaled results? Do you use higher quality products? Do you have a wider range of colours shapes or styles? Do you have a more personalised service or a quicker turn around? 

Step Four – Stop marketing your product, start marketing your value

Good marketing is not about you, what you do or even what you want to market; it is about your customer, what they need and what is going to most appeal to them in order for them to hand over their money to you. You need to get out of your ego, and into theirs.

Be the solution. Look for ways your products or services and what you are really selling can help your customers solve what they need to solve or achieve what they want to achieve. When it comes to sales and marketing “nice guys” who have a genuine interest in their customers and a desire to help them, finish first. 

Amanda


Marketing words that boost engagement and conversions

Words are powerful. They can move us, engage our emotions in ways we don’t even realise and persuade us to take a course of action we may not have ordinarily taken.

That is why the words you use to help you tell the story of your products and services are so important. They can be the difference between telling and selling, and someone browsing or buying.

Fortunately, there are some words and phrases that have been tried and tested to help boost engagement and conversions regardless of your industry. So to help you, here are seven words I’ve found as a copywriter to be extremely effective, regardless of who or what I’m writing about.

1. “You”

No word in marketing is, or ever will be, as powerful as the word “you”. The more you can make your marketing about your target audience, and their needs, their problems, their desires and their frustrations the more effective it will be.

Remember your potential customer doesn’t care about you – at first anyway, they want to know what is in it for them and how you can solve their challenges and meet their needs like no-one else can.

With this in mind, one of your main objectives when writing your marketing material should be to use the word “you” as many times as possible. Customer focused words like “you” should appear at least twice as many times as self-focused words like your business name, “we”, “us”, “ours”, “me” or “I”. 

2. “Guarantee”

When you are willing to back your own product or service with a guarantee, particularly a 100% money back guarantee, you minimise the risk for your customer and give them a sense of safety and security at the time of purchase.

Offering a guarantee can also help you persuade your potential customer into feeling like they have nothing to lose and everything to gain by buying from you.

3. “Free”

While some marketers over the years have questioned whether the word “free” is still effective in marketing, the fact remains that we all love freebies. The impact of the word, however, depends greatly on what it is linked to.

“A free quote” for instance, isn’t a good “free” incentive. Let’s be honest, would you pay someone to come and give you a quote for a job if a quote was all they were giving? I know I wouldn’t, it’s just something we do in order to generate business.

The key is to offer something that is relevant and of value to your audience. So if you were looking at offering the ever popular “free consultation”, instead of leaving it at that, articulate what value they will receive in a consultation with you (and FYI a sales presentation or the opportunity to come and “find out how we can help you” isn’t value). What will you give them, or talk about in the consultation? What will they have or be able to do by the end of it?

When you start approaching your free offers like this, you will start to see just how powerful the word “free” can be in your marketing.

4. “Instant”

Let’s face it; given our lifestyle, most people you market to will have a short attention span, little patience and a growing desire for instant gratification. You only need to look at the growing credit card debt to see this is true. We don’t want to wait, we want it now and, while some of us may meet it with some scepticism, we are, generally speaking, intrigued by anything and anyone who can deliver us the instant results or changes we are looking for.

If you can build an instant element into your offering and marketing, whether it is instant access, download, delivery, implementation, value or results, it can be incredibly rewarding.

A word of warning though, when you build up a customer’s expectations like this you need to be 100% confident that you can deliver on it. If there is one shadow of a doubt – or you have to rely on someone else to fulfil your “instant” promise (like a third party or supplier) think about what else you could do instead.

5. “Easy”, “Quick” or “Shortcut”

We all want to know the easiest option or the quickest way, it forms part of our desire for instant gratification. We’re willing to look at whatever will speed up the process of being, doing or having what we want, or make the process that much easier.

Perhaps your product or service is easy to buy, easy to use or implement or has the potential to make your customer’s life easier (be specific with how). Or maybe it’s the shortcut they’re looking for that will deliver what they want in record time. The easier and quicker something is, the more desirable it becomes in the mind of your customer.

6. “Never”

The word “never” can be incredibly powerful when you are pointing out the negative benefits of your product or service. If you’re wondering what a negative benefit is, it’s something your customer will avoid (and want to avoid) by buying and using your product or service. Essentially it demonstrates how you can help them avoid pain.

Obviously how you use it depends on your business and what you sell, though some examples are “never miss a payment again”, “never worry about a deadline again” or “never pay too much in tax again”. The key is to make the negative benefit realistic, of high importance to your customers and for ultimate impact something that is weighing heavy on their mind or keeping them up at night.

7. “Proven”

By having a proven system, formula, methodology or product, or a strong track record of generating results, you take the risk and fear out of buying from you. It’s one thing to say that you are great, it’s quite another to be able to back your claims up. The effectiveness and credibility of your message amplifies when you prove you can do what you say you can.

Don’t just make “proven results” or a “proven formula” another claim though, say how and why it is proven or draw on testimonials and case studies to show that it is proven.

So there you have it, seven words that when used right can generate great results in marketing. The next challenge is to find which words will work best for you and your business.

Have you found certain words work wonders in your marketing?

Amanda


Resell, Upsell and Cross-Sell – Little words that bring in big money

One of the fastest ways to make more sales is to get your existing customer base spending more with you. Having already seen the value and results in doing business with you, your existing customers are not only easier to convert, but also don’t require you to outlay any money in order to reach them.

So how do you keep your customers coming back and spending again and again? By finding ways to resell, upsell and cross-sell your products and services.

Resell – Keep them coming back

Build in a repeat purchase of your product or service so you can continue to resell to your customers. This means finding a genuine, ethical way of getting your customer to purchase your products and services repeatedly, not altering the quality of your products or services so people have to purchase them more often. There must be value for them as well as you.

It doesn’t even need to be the entire purchase again, it could be a specific part or component, a smaller condensed version like a refresher course, for example, or an ongoing maintenance program depending on what is relevant.

Upsell – Increase the amount they spend

The easiest way to upsell clients is to get to know them. Ask questions, find out their needs, their frustrations and what they want to achieve. By doing so, you will have a greater understanding of why they are buying and be able to suggest products and packages that have more inclusions to benefit your customers as well as make it more profitable for you.

If you’re not sure about how to approach your existing customers, you could say something along the lines of “Having worked with you for [x] amount of time now, and knowing you and your business well, I believe [x product or service] may suit your needs better. While it will be a slightly larger investment, I believe it will give you better results/make your life easier/help you achieve your outcome quicker/insert other benefit.”

Cross-Sell – Get them buying more with each purchase

Cross-selling is the official marketing term for “would you like fries with that”. The aim is to get your customers buying related products or services in order to make their buying experience with you all the more enjoyable, beneficial and profitable.

For example, if you owned a furniture store and a customer wanted to buy a bed, then you would want to cross-sell a matching tall boy, blanket box, mirror and bedside tables, in order to sell the whole bedroom suite as opposed to just one product.

If you sell online and don’t do it already, you may want to have a heading with “you may also like” or “customers also bought” and include related products or services under each product or service you feature on your website as a way to cross-sell to your customers.

So before you go out and spend a large amount on bringing in new business, look at how you could resell, upsell or cross-sell your existing customers.

Amanda


Eight tips to generate more repeat customers

Repeat customer sales are the cheapest and easiest business you will ever generate, so it makes sense that more of your time should be spent nurturing and leveraging your existing customer relationships than bringing in new business.

But how do you keep customers coming back and buying again and again? Here are eight tips to help you turn those once off buyers into loyal, profitable, repeat customers.

1. Develop products or services that have a repeat buy

One of the most important factors in getting repeat business is to have products and services that can be bought repeatedly or added onto. Being able to upsell, upgrade, add on or repeatedly sell products or services to your current customers will help you develop a constant stream of income without a large marketing outlay.

2. Get your customers details

It sounds obvious doesn’t it, though you’d be surprised at how many businesses don’t capture the contact details of the customers that buy from them. But the trouble is if you don’t who your customers are how can you market to them and stay in touch?

If you’re wondering how to capture their details, offer an opt-in registration for a free report/checklist/cheat sheet or newsletter on your website, give them free gift or gift certificate for filling in a contact form, include contact details on feedback forms and surveys and/or hold a competition.

3. Send “you’re due” reminders

Keep track of when customers are due for your product or services whether it is a refill, check-up, follow up or replacement.

Think of dentists and chiropractors who let you know when you are due for an appointment, or mechanics and pest specialists who put stickers on your car or cupboards with when you are due for your next service or pest check-up. Think about how you could implement reminders to help prompt your customers to buy again.

4. Create a customer loyalty reward program

Reward your loyal customers with a bonus or free product or service once they have bought a certain number of products or services from you or spent a certain amount of money (think “buy 10 and get the 11th free, a VIP discount or a gift certificate after a spend of [x] amount).

Whatever you choose, just make sure the incentive is high enough so they will want to keep coming back.

5. Send out a “thank you for buying” offer

Once your customer has bought your product or service send out a special offer or gift voucher (valid for a limited time) to use with their next purchase as a thank you. This can be quite effective in encouraging your customers to buy again soon after their last purchase.

6. Stay in contact

Staying in touch with your customers, seeing how they are going, telling them about new products and services and informing them about specials and promotions can help you keep your business in the forefront of their minds and give them the prompt they need to buy again.

7. After sales follow up

Never underestimate the power in following up after a sale. A simple call to see how your customer has found your product or service can be a great way to get valuable feedback, testimonials and have the opportunity to upsell with different products and services.

8.  Go the extra mile

If you really want to have repeat customers, go beyond their expectations and give them what they can’t get anywhere else. It could be as simple as taking the time to answer all of their questions to creating a wow customer service experience, anything to make an impact and keep them coming back.

How do you keep your customers coming back?

Amanda


‘Tis the season to be busy – four tips to boost downtime profits

For some business owners the Christmas and New Year period is one of their busiest times, but for others it can be nervously slow.  So how do you ensure you generate as much income as possible through the holiday season? Here are four tried and tested tips to help you boost your downtime profits.

1. Have a special

Specials can be a great way to generate business though you do need to do it wisely. Not just to make sure you preserve as much of your profit margin as possible, but because discounting too much or having specials too regularly can make you seem desperate, and it can also make customers question your pricing and the value of your products and services.

So how do you not sound desperate? It’s all in the way you market your sale. Your sale should be seen to be of a bigger benefit to your customers than to you. For example saying “Giving you/your business a Merry little Christmas with our …% off sale” is far better than hinting or saying directly that business is slow or we need to move stock.   

2. Develop limited edition or “limited time only” products, services and packages

Never underestimate the power of limited edition or “limited time only” products, services and packages. Scarcity and competition can be great selling motivators. Build desire by making your limited products, services and packages attractive, full of value and of course, strictly limited.

3. Value add

Value adding can be a great way to increase sales and a good alternative to discounting, provided add-ons are valuable and relevant to your audience. Think about what bonuses you could add in to make your product or service a “must-have” in the eyes of your customers, and get them buying now and not later.

4. Do a little PR

While some of the more major publications have published their Christmas editions, there are still a number of opportunities around for some Christmas themed PR, particularly in publications that are local or published more frequently. Don’t neglect blogs and large websites either as many of them will also do Christmas gift guides and features.

If you have a product or service that would make a good Christmas gift or you could do up some suggested gift ideas using a number of your products and services (like “Ten gifts your [mum/dad/partner/kids/pet] will love this Christmas”) it’s worth doing up a media release or quick editorial and sending it out. Also keep an eye on SourceBottle to monitor requests and opportunities.

If you don’t have a product or service that would be considered a Christmas gift look at other different Christmas and New Year angles you could use. For example, a Financial Planner could share “[x] tips for spending within your means this Christmas” or an accountant could share “[x] tips to get your business fit for the New Year”. Have a bit of fun and get a little creative in order to find ways you can piggyback of the holiday season.

What are you doing to boost your business through the downtime?

Amanda


Five tips to help you think on your feet

Whether you’re attending a meeting, pitching an idea, presenting a proposal, speaking at an event or answering an unanticipated client question, being able to think on your feet and speak clearly and intelligently at a moment’s notice is a vital skill in business.

But it’s not the easiest to do when you’re under pressure and feeling nervous and intimidated. So how do you keep your composure when put on the spot? Here are five tips to help you think on your feet.

1. Listen carefully

The key to responding to a comment well, answering a question effectively or understanding a statement is to listen carefully. Look directly at the person speaking and ask them to repeat their statement or question if necessary.

Asking them to repeat the question will also give you a chance to think about what was said and respond better, often people will rephrase and clarify what they mean the second time around.

2. Breathe

While the person is talking and before you respond take slow deep breaths. This will give you more oxygen to your brain and help you think more clearly and calmly.

Being able to control your breathing can really help you to master your nerves and quieten the inner voice that goes into overdrive with negative and limiting thoughts when someone asks an unexpected question or gives an alternate view.

3. Pause if you need to

Provided you don’t look terrified, pausing can actually help you to look as though you are carefully considering your answer in order to give the right response.

Don’t feel pressured to fill the silence immediately. This can lead to rambling or giving a response that isn’t well thought out. A thoughtful pause will give you time to compose yourself, think about your answer and deliver it confidently.

4. Don’t be afraid to delay your answer

For those questions that are a little more intricate or you don’t know the answer to, don’t be afraid to delay your answer.

If in a presentation (and it’s applicable) say you will talk to them after to go into more detail with their specific circumstances. If one-on-one with someone say you will investigate it further, think about it in more detail or find out the answer for them.

When handled right delaying your answer won’t be seen as a sign of weakness, inexperience or lack of knowledge like we all worry it will. It can actually be seen as a sign of professionalism, that you want to make sure you give the right answer and information to help your audience.

5. Be an expert in your area

The best way to be prepared for the unexpected is to become an expert in your product or service, topic and industry.

Knowing your subject will give you greater confidence, help you to give better answers and equip you to handle tricky questions by having a strong knowledge base to draw on.

Do you have any tips for thinking on your feet?

Amanda


Four ways to enhance your customer experiences and improve profits

I’m guest posting over at Flying Solo on ways to enhance your customer experience and boost your profitability. You can read the full article here, though here is a sneak peek…

Of the many ways to increase profitability in your business, giving your customers an experience they’ll never forget is a highly effective one.

No one sells your business like a happy customer. When your customers sing your praises and prove your value and claims through their own experiences, a whole new level of trust and credibility is awarded to you and your business.

With repeat customer sales and referrals also being the cheapest and easiest business you will ever generate, it‘s smart to spend more time nurturing and leveraging your existing customer relationships to create even more happy customers.

With this in mind, here are four tips to help you enhance your customer experience and increase profitability in the process.

1. Stop selling and start serving

Instead of focusing on generating sales, focus on your potential customer’s needs, wants, goals, challenges and how you can help them.

You will find that when you stop selling and start serving, your customer’s guard comes down. Not only will they be more receptive to what you are saying, they will open up to you, rewarding you with more information that will help you make the sale and turn them into a satisfied customer.

2. Ask questions and listen to the answers

Questions are incredibly powerful. You can qualify a potential customer, establish rapport, identify needs, build relationships, increase credibility and close a sale simply by asking the right questions and listening closely to the answers.

The more targeted your questions, the easier it is to give your customers exactly what they need, reward and “wow” them in ways they would personally appreciate, and find even more ways to help to them.

3. Stay in contact regularly

To build a relationship with your customers you need to stay in regular contact with them, but not just with newsletters and email marketing. Instead, make genuine, personal contact. Talk to them to see how they are going. Keep in touch in a way that makes them say “wow”

For example, once your customer has bought your product or service you could send out a small gift voucher they can use for their next purchase as a thank you for doing business with you. A week after they have used your product or service you could call them to see how they are going, if they have any questions and if you can help them with anything further. This can be a great way to show you care, create opportunities to up-sell or cross-sell and get feedback, which can generate testimonials or help you address any concerns.

Also keep track of when customers are due for your product or service, whether it is a refill, check-up, follow-up or replacement, and send them a reminder with a special offer or bonus. By being proactive, your customers will feel more special and your thoughtfulness will be rewarded with loyalty, repeat sales and referrals.

Read more…

Amanda


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