Posts Tagged ‘marketing system’

Get More Prospects To Call You! (Rather than chasing after them.)

Thursday, March 11th, 2010

Let’s talk a little about marketing your products or services.

Now when I speak of marketing, I am referring to something quite separate (although complementary) to sales.

A marketing system, when it’s done right, offers you a lot of benefits. Chief among these is that your sales team only spends time talking with prospects who have indicated an interest in your programs.

But that is certainly not the only benefit.

In the world of selling high-value products and services the decision to engage your firm is seldom made after the first meeting. Staying-in-touch is crucial. Unfortunately it’s very easy for this crucial step to fall between the proverbial cracks. This is especially true if the entire stay-in-touch effort rests on the shoulders of your field sales team.

A truly effective marketing system should be designed to enable you to remain in touch with consistent messages of relevance and interest. The process should seamlessly and automatically move prospective clients from curiosity to interest to action. Best of all it should be largely automated so that one never has to worry about too much time elapsing between communications.

That’s what a highly effective, fully-integrated marketing system should do for you.

Something else we observe about the most profitable and productive companies is that the focus of their marketing is on building relationships rather than the more common transactional approach of selling services or products.

This is a fundamental shift in thinking, and not surprisingly impacts both what and how your communicate you message.

It’s been our experience that successfully building these new business relationships depends upon three important factors.

The first is having a process in place that is specifically designed to motivate prospective clients to “raise their hands”.

The second is a separate system (with some similar characteristics) that enables the firm to stay in touch with both existing and prospective clients, with messages of relevance and interest.

The third, and arguably the most important factor, is the patience to commit to a marketing effort even if results are not immediate.

Patience is key, but as with many things in life it’s something that’s easier to say, than do.

Let me share with you a quick story.

Back a few years ago I decided to take up martial arts. Lots of fun. Punching, kicking, plastic weapons, what more could a middle-aged guy want? I actually became reasonably proficient. If my wife Marian and I ever get attacked by a really slow old person, I know exactly what to do.

Anyway, after about a year I felt I had my fill of martial arts. I was ready to move onto something new. My Sensei sat me down and told me that he thought I had the potential to be a very good martial artist and he was sorry that my lack of patience was going to cause me to leave the sport.

Now this isn’t the first time I’ve been told this. And in all candor I’ve probably quit far too many things before I got really good at them because of my impatience.

As you may have guessed, the reason I’m sharing this story with you is because I think that a lack of patience is the number one reason why marketing campaigns don’t produce the desired results. It would be great if we could start a marketing campaign in the morning and have it yield results by the afternoon, but we both know that’s not going to happen.

No, marketing, like most things of value, takes time. Takes patience. Takes focus. Unfortunately most people don’t stick with a marketing plan long enough to see any significant results.

So what’s the answer? Do we magically just go out and order up some patience? I’m a big believer in positive thinking, but I also know how hard it is to change a fundamental character trait.

What tends to make me more patient, whether it’s in my hobbies or business, is having a plan. Having a system to follow. When I have a plan, when I know what the next steps are, then I’m much more likely to stay-the-course. I’ll see something through to the end. Conversely, when I’ve only figured out one step in the process, then I’m real likely to give up (or get distracted) after I do just the one thing.

Thus the importance of having a marketing system. We think that a great one focuses on these key components:
1) Targeting a hyper-responsive group of prospective clients.
2) Getting their attention by creating a great story about who you are and the benefits that people get from working with you.
3) Motivating them to self-nominate themselves as being interested in learning more about your services or products.
4) Moving them along a series of steps that encourages them to take action.
5) Staying in touch with them and building the relationship with consistent messages of relevance and interest.

Although the goals of marketing are simple, implementing a process to actually achieve these objectives is anything but simplistic. But if you keep these steps in mind you can begin the process of developing a very powerful marketing system. ***“These Sales Prospecting Techniques Landed Me A $96,000 Client.” Please Allow Me To Show You How To Fill Up Your Sales Pipeline With Eager Prospects…For FREE by clicking HERE

Here’s How To Automate Your Marketing

Tuesday, February 23rd, 2010

If you are looking for a resource that will guide you step-by-step and show you precisely how to set up an automated marketing system, you should watch this video:

Marketing strategy from Mark Satterfield on Vimeo.

Learn More About What I Discuss In This Program By Clicking HERE

Timing Your Stay-In-Touch Messages

Thursday, February 11th, 2010

If we look at marketing as a three-pronged initiative, the main components are 1) Lead generation 2) Lead capture and 3) Stay in touch.

Staying in ongoing contact is often the most difficult component of the process. Part of the challenge is uncertainty. How often should I be in contact? What should be the content of the messages? How does the frequency of messaging change over time?

Here’s an approach, which may be helpful to you in developing a strategy of your own.

It’s often helpful to segment the stay in touch sequence into two large groups. 1) Messages that are sent in the first 90 days and 2) Messages that are sent beyond that point.

Before we discuss how to set up the messaging system let’s make sure that we are on the same page regarding exactly what autoresponders (or stay-in-touch systems) are all about.

An autoresponder system is first and foremost a database of contact information. The database is populated either by inputting information about your contacts, or automatically when people fill out a form in order to get your free information report.

Messages that are subsequently sent are referred to as either Timed or Broadcast. You will want to use both methods for staying in touch.

Timed messages are emails that are sent out based on the number of days that have elapsed since the person initially signed up for your free report. For example you might set up a schedule so that one-day after the report is requested the reader gets a Thank You email. Then two days later Email Message #2 goes out asking them if they have any questions. A week later they get Email #3, and so on.

You can set up a Timed series of emails on any frequency you desire. (I will share with you a sample strategy in just a moment.)

The advantage of the Timed sequence is that you can write the series of messages once, and then they are sent out automatically with no further effort on your part.

Not surprisingly you’ll need to make sure that these messages are either somewhat generic in content (Thank you for requesting) or address issues that are “Ever-Green”. By this I mean you want to focus on client problems that were problems yesterday, problems today, and likely to be problems for the foreseeable future.

The second types of messages are called Broadcast. These are messages that are sent to everyone in your database. The advantage of this type of message is that it can be topical and timely. For example they might reference a current business article or mention something else that is time-sensitive.

Both are powerful tools, and when you are setting up your stay in touch strategy you will want to incorporate both of them.

Here is an example of an autoresponder sequence that is fairly aggressive.

For the first 90 days people who request a free report get a sequence of Timed messages that are sent out every 3 days.

I know most of you would never consider sending out messages that frequently, but many marketers have come the conclusion that this sequence works the best for them.

Here is why they came to that conclusion.

First, it’s obvious that there is an enormous amount of Clutter out there. Far too many messages chasing far too few eyeballs. Thus the majority of messages just get ignored.

A common strategy in the initial stages of marketing is to cement in the reader’s mind who the writer is and what they stand for. Quite frankly in order to accomplish that one needs to be communicating very frequently.

It is important to keep in mind that the goal is to convert a high percentage readers into paying clients. Most highly successful business people have little interest in having a large group of readers who will never actually take the next step and invest in their success.

From a practical perspective, whether your readers continue to read your messages has far more to do with the content of what you are communicating, than the frequency of the messages.

Is it possible to overkill with frequency? Absolutely. But unless you are communicating more than once a day, you probably will not fall into this camp. It gets back to the content and to what extent you are writing messages that are of interest.

The frequency with which you communicate with your audience also has to do with your attitude. (Quite frankly attitude has a lot to do with your overall success in marketing your services.)

When you sit down and write something for your readers, your assumption should be that this will be of interest to them. Although you may communicate frequently with your readers, you never want to communicate for the sake of communicating. You communicate because you believe that you have something that will be of relevance and interest.

Rather than worrying that someone may not like you message, or that you’re communicating too frequently, you should consider it Their Loss if they decide to unsubscribe.

That’s the beauty of having a marketing system. That way there are always new people entering into your stay-in-touch system.

It’s this attitude (which granted if taken to an extreme can become arrogance) that is enormously liberating. By having a marketing system that enables you not to Need new clients, you can confidently position yourself without fear that you may offend someone. (Also from a practical perspective there is almost always someone who won’t like your opinion, frequency of messages, tone, color of eyes, ect.)

If you approach your follow up communications with this appropriate attitude, I think you will find that the issue of-Am I communicating with my readers too often?-quickly falls by the wayside.

But the reality is that yes, you will get Unsubscribes from your list, but as I said before, the likelihood of these people actually hiring you is somewhat remote.

If the idea of communicating with your prospects every three days is something that you just cannot imagine yourself doing, then you may want to develop a more modest schedule.

An example of this sequence would be.

-Thank you email sent 1 day after report is requested.

-Follow up email asking them for feedback 3 days later.

-Next email 7 days later asking them if they have specific questions about the type of work you do. (Best if you suggest some possible questions.)

-Next email 7 days later. (This 7-day sequence continues for the next month.)

-Ongoing emails every 20-30 days until 90 days are reached.

This sequence will work. The only disadvantage is that it will take longer for the imprint of who you are and what you do to be lodged in your reader’s mind. Since it is likely that your reader has an interest in your services, my personal advice is to communicate as often as possible in the first few weeks of the relationship.

After the first 90 days, the frequency of my messages changes. This is when I shift my messaging from Timed to Broadcast.

Many marketers send their broadcast messages once a week. (You may want to use a longer time frame, but try for every 20-30 days rather than once a quarter.) Often these messages will reference an article in the newspaper or some other timely message. The advantage of broadcast messages is that they allow the writer to communicate time sensitive information. The disadvantage is that they cannot be created too far in advance.

However, what I’ve just described to you is just one system. Your approach may be different. We know of a woman who sends out a message every 20 days as a part of a Timed sequence and the schedule is two years (and counting) in length. She’s a therapist and her Timed messages are derived from chapters of her popular book. This strategy yields her 3-7 new clients a week.

So there are lots of variations on this theme. What’s right for you will naturally depend on a variety of factors but hopefully this gave you some helpful food for thought.

How To Market Your Services

Thursday, February 4th, 2010

Let’s talk a little about marketing your products or services.

Now when I speak of marketing, I am referring to something quite separate (although complementary) to sales.

A marketing system, when it’s done right, offers you a lot of benefits. Chief among these is that your sales team only spends time talking with prospects who have indicated an interest in your programs.

But that is certainly not the only benefit.

In the world of selling high-value products and services the decision to engage your firm is seldom made after the first meeting. Staying-in-touch is crucial. Unfortunately it’s very easy for this crucial step to fall between the proverbial cracks. This is especially true if the entire stay-in-touch effort rests on the shoulders of your field sales team.

A truly effective marketing system should be designed to enable you to remain in touch with consistent messages of relevance and interest. The process should seamlessly and automatically move prospective clients from curiosity to interest to action. Best of all it should be largely automated so that one never has to worry about too much time elapsing between communications.

That’s what a highly effective, fully-integrated marketing system should do for you.

Something else we observe about the most profitable and productive companies is that the focus of their marketing is on building relationships rather than the more common transactional approach of selling services or products.

This is a fundamental shift in thinking, and not surprisingly impacts both what and how your communicate you message.

It’s been our experience that successfully building these new business relationships depends upon three important factors.

The first is having a process in place that is specifically designed to motivate prospective clients to “raise their hands”.

The second is a separate system (with some similar characteristics) that enables the firm to stay in touch with both existing and prospective clients, with messages of relevance and interest.

The third, and arguably the most important factor, is the patience to commit to a marketing effort even if results are not immediate.

Patience is key, but as with many things in life it’s something that’s easier to say, than do.

Let me share with you a quick story.

Back a few years ago I decided to take up martial arts. Lots of fun. Punching, kicking, plastic weapons, what more could a middle-aged guy want? I actually became reasonably proficient. If my wife Marian and I ever get attacked by a really slow old person, I know exactly what to do.

Anyway, after about a year I felt I had my fill of martial arts. I was ready to move onto something new. My Sensei sat me down and told me that he thought I had the potential to be a very good martial artist and he was sorry that my lack of patience was going to cause me to leave the sport.

Now this isn’t the first time I’ve been told this. And in all candor I’ve probably quit far too many things before I got really good at them because of my impatience.

As you may have guessed, the reason I’m sharing this story with you is because I think that a lack of patience is the number one reason why marketing campaigns don’t produce the desired results. It would be great if we could start a marketing campaign in the morning and have it yield results by the afternoon, but we both know that’s not going to happen.

No, marketing, like most things of value, takes time. Takes patience. Takes focus. Unfortunately most people don’t stick with a marketing plan long enough to see any significant results.

So what’s the answer? Do we magically just go out and order up some patience? I’m a big believer in positive thinking, but I also know how hard it is to change a fundamental character trait.

What tends to make me more patient, whether it’s in my hobbies or business, is having a plan. Having a system to follow. When I have a plan, when I know what the next steps are, then I’m much more likely to stay-the-course. I’ll see something through to the end. Conversely, when I’ve only figured out one step in the process, then I’m real likely to give up (or get distracted) after I do just the one thing.

Thus the importance of having a marketing system. We think that a great one focuses on these key components:
1) Targeting a hyper-responsive group of prospective clients.
2) Getting their attention by focusing on issues that are of most importance to this group.
3) Motivating them to self-nominate themselves as being interested in learning more about your services or products.
4) Moving them along a series of steps that encourages them to take action.
5) Staying in touch with them and building the relationship with consistent messages of relevance and interest.

Although the goals of marketing are simple, implementing a process to actually achieve these objectives is anything but simplistic. But if you keep these steps in mind you can begin the process of developing a very powerful marketing system.