Archive for the ‘Sales Motivation’ Category
Running an event can provide you with a substantial profit. You can earn revenue from the event itself, or from selling items during the event. With the many revenue options available for making money from an event, people still miss out on some great revenue opportunities. Here are some insider tips for increasing your event revenue that most people don’t consider:
Provide Tiered Pricing
If you want to open your event to the widest possible audience, consider creating a tiered pricing structure. You can quote a relatively low ‘entry-level’ price for just admission to the event. You can also add a ‘premium’ or ‘deluxe’ event attendance, with carefully-considered extras. You might add a product free of charge for attendees who sign up for the premium package. You might also add one-on-one time with the event organizer, keynote speaker or other key event guests.
In this way, you can provide basic entry to wider range of people, while still raising the overall cost of your attendance. If you provide basic entry for $100, or a premium attendance for $200, your average revenue will increase, depending on how many people choose the premium option. You can also add a pre-registration option at a lower rate, and then charge the full rate for registration at a pre-designated cutoff point.
Offer Trial Memberships
If you have a product that functions as a subscription, such as an information distribution service, you could offer attendees at your event a ‘free trial.’ A 30, 60 or 90-day trial is typically long enough to provide attendees with a good understanding of the service and its benefits. You’ll find that many people like the service and stay in the program; giving you an ongoing revenue stream once the free trial has ended.
Open Up In-House Opportunities
One great function of an event is to promote your in-house opportunities and services. Events are a great way to convey information about your services to attendees, and convince them that you’re the person with the expertise and systems in place to serve their needs. If you’re promoting in-house opportunities, though, your event can’t be planned exclusively around that. Unless you’re hosting a free event to reveal a new product, people expect to receive a certain level of value from your event; not an extended marketing pitch.
Convey valuable information at your event. Answer important industry questions; questions that you have the expertise to answer because it’s in your field. Provide information about a product. Give your event a purpose beyond simply promoting your services or products. A good event coordinator can find opportunities to work in-house services into the event’s structure at key points, and begin to build a relationship with attendees to meet their ongoing needs.
Be creative in the ways you leverage revenue at your event. Offer a tired pricing structure, which typically yields higher event revenue than a single price. Provide trial memberships to subscription or ongoing services, to demonstrate the value to your attendees and create an ongoing revenue stream. Finally, find ways to promote your in-house services to your audience throughout the event.
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com
Insider Tips for Increasing Your Event RevenueThe thank you page is one of the most overlooked places of real estate on the web.
That quote, from one of my mentors, Yanik Silver, speaks volumes. There is so much opportunity to promote more business and further your relationship with a new client on your thank-you page.
That client has just indicated that they trust you by opting in to your offer. Signing up to your list is a sign that they want to hear more from you. Don’t let them leave wanting; offer them even more before they click off your thank-you page.
When developing your thank you page, think about what you can do to increase your client’s involvement. Marketing research has shown that the more people are involved, the more likely they are to buy – again.
That’s one reason companies hand out scratch-off cards with prizes or discounts hidden beneath the ink. It’s called an involvement device. When someone physically has to do something, it increases their involvement, which increases response and increases conversion.
The content on your thank you page needs to be relevant to your target market. Think about what you want them to do next, where you want them redirected to, and if there’s an opportunity to make them another offer.
There are several key ways you can accomplish this.
• Make another offer. While letting the client know you’re glad they signed up, also let them know about another offering. Make a special offer. Offer a special prize or a special bonus that new clients will receive, but only if they sign up there and then. Remember to use language that encourages action. For example, “This is the only time you will see this offer. It’s for new subscribers only and you won’t have access to it again.”
• Ask for more information. Once a new prospect joins your list, ask them to describe their biggest problem. You can then direct them to other offers you may have to help with the problem, or develop that new offering if you don’t have one.
• Create a “tell a friend” campaign. Invite people to tell three friends about your offering in exchange for a special bonus. “Congratulations. Your place on the call is reserved. But just before we continue I would like to offer you this free gift……..”
Everyone who opts in helps you spread the word to other people. This will make a massive difference to your opt-ins and really help to increase your list. You can automate this process using Viral Friend Generator software.
When saying “thank you”, the key is to include only one of these options on your page. Either attempt an additional sale by making another offer, ask new clients for more information, or create a tell-a-friend page.
Any one of these options added to your thank-you page will start increasing your sales immediately.
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com
Did You Remember To Say Thank You?Many entrepreneurs, small business owners and other professionals find themselves focused on earning an income, finding new clients and the day-to-day struggle to survive. Having enough income and cashflow to grow your business rapidly is not an uncommon problem. I often hear people talking about their expected income for the next day, weeks or months ahead. They focus on knowing where the next paycheck is coming from because they don’t have enough confidence in their existing client base or cashflow. They fear their income will dry up.
Have you ever felt like that? If that sounds like you, then it’s time to STOP focusing on your income. It’s time to start focusing on a long-term plan for success and diversification. But how? How do you free yourself from the day-to-day financial worry and really start to thrive?
The answer simply lies in starting your own high-end coaching program. A high-end coaching programme (when designed and delivered the right way) will provide enough guaranteed revenue to enable you to stop worrying about money and be free to focus on your long-term success!
This is how the strategy works …
Sell Once a Year to Generate Guaranteed Revenue
• With your high-end coaching programme, if you market and sell the right way, you will only need to focus on the selling once and then you’re done for the year.
• Create a program with a limited number of spots, and you’ll only have to sell long enough to fill those spots and then you can focus on serving your clients and creating alternate revenue streams.
• Create a program with a fixed time limit, such as my annual programme, and you only have to sell those spots once per year. Then you’ve got the commitment for the income, and you’re free to focus on other areas of your business. No more worrying month-to-month whether you’ll have enough cash for next month; with a high-end coaching program, you can earn enough money to free yourself up for other pursuits.
Free Yourself Up to Look at the Big Picture
One of the biggest benefits for you and your business of creating a high-end coaching program is freeing yourself up to look at the big picture. If you’re like most people, you spend countless hours per week working on finding enough business, and the rest of your time goes to satisfying your existing clients. You never have time to think about the long-term plans for your business, or how to diversify your revenue streams.
Once you have the committed income of a high-end coaching program, you can stop spending so much of your time selling yourself and your services because you have a guaranteed revenue stream. Instead, you can focus on creating the other steps to achieve success in your business, and put together a long-term plan for your business!
In order to truly become successful in your own business, you’ve got to stop focusing on immediate income so you can begin to build a road map for long-term success. Worrying about your day-to-day income is short-term thinking and can seriously hamper your long-term business success. When you start a high-end coaching program, you get financial commitments for a large portion of your revenue and begin looking at other ways to improve your business success.
So if you want to see an end to your day-to-day financial struggles and the beginning of long-term success, it’s time to start your high-end coaching programme!
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com
Freedom From Financial WorryDo you know what the most valuable page on your website is?
It’s not your “About Me” page. It’s not your “Testimonials” page.
It is the page where people give you their contact information and purchase your products or programs. That is the goal of your business.
To achieve that goal, you need to get people to opt-in. Nothing else can happen until they do this. That is why the design of the page where they opt-in – your squeeze page – is so important.
Getting your prospects to hand over their contact info isn’t always easy, but if you focus on your squeeze page set-up, you will successfully obtain client information, build your list and make sales. Use my tips below to maximize the effectiveness of your squeeze page. These strategies work!
• Make your homepage a squeeze page
To get maximum results, make your squeeze page your homepage. This will lead to a significant increase in your opt-ins and in your list.
• Model successful squeeze pages
To get ideas for your new home page, model other successful squeeze pages. Look at other people’s pages with new eyes. Emulate the elements that make them successful while using your own unique copy that speaks to your own target audience.
• The important information should appear within the browser window
The pages that are most attractive give the most important information at the top, without having to scroll down. Everything your visitors need to see should appear within the browser window in front of them. Don’t make them have to “lift a finger” to find the best of what you have to offer.
• Use headlines and bullets to present your message
Announce your best information in the area that most people notice first – the headline. Develop a headline that will grab your visitors’ interest and get them to stay online to hear the rest of your message. Use a prehead and a subhead to deliver your best copy.
Successful pages don’t include one long paragraph of copy after another. A successful squeeze page presents its best content as great mini headlines in a bulleted format.
• Make big, bold promises
Use numbers within your bullet headlines. State that you’re going to solve problems. Make big promises in your bullets. You’ve done the research, campaigns and surveys to determine what your target audience wants, now highlight that information in your bullets.
• Make a personal connection
Your target audience want to know who you are. Don’t keep your personality a secret. Make your squeeze page personal. People buy people. Although we’re all speaking virtually, on Twitter and on teleseminars, people want the personal human connection.
They want to know you. They want to see the person behind the site. At the very least, include a photograph of yourself. Add audio and video to increase the personalization.
• Use a thank you page
Don’t lose that personal touch once your visitor has opted in on your squeeze page. Your thank-you page is a great place to further your relationship and offer your new client even more. You could make another sale just by asking for it on your thank-you page.
• Remove Navigation Bar and Banner
There are a couple of web page staples that should not appear on a successful squeeze page. These items do nothing to help you get people to opt-in. So, strip out the navigation bar and ditch your banner. They should not be on your squeeze page.
• Test, measure and improve your conversation rates
Make sure you test and measure your conversion rate on your squeeze page. Find out how many visitors are actually buying into your offer. Regularly measuring your conversion rates will tell you what’s working and what isn’t on your page.
When you apply at least one of these tips, and you will see an improvement in your conversion.
Make a checklist and work through it. Improve your squeeze page one component at a time and you’ll be in a much stronger position – I promise!
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com
Secrets of A Successful Squeeze PageSPECIAL ANNOUNCEMENT
Marketing Mastermind Call:
Boost Your Speaking Sales with “The Invisible Close”
Tuesday, 27th July, 2010
8:00pm UK Time (3pm EASTERN, 12 noon PACIFIC)
It’s a disservice to let interested consumers walk away without securing the benefit of your fabulous products or services. They came to buy from you. Give them what they need to say “YES!”
Join me and my guest Lisa Sasevich, the “The Queen of Sales Conversion, for this action-packed call where we will be covering…
• Exponentially grow your platform sales using Irresistible Offers
• Get massive results without being “salesy”
• Maximize your profits with no marketing budget!
• Simple, no-cost things you can do to instantly double or triple your sales conversion.
• The secrets to inspiring someone to act now…without being pushy or “salesy”!
• How to craft your “Irresistible Offer” to support Big Sales and your Big Life!
• And most important, how to share the wealth of your wonderful and unique talents and receive wealth in return!
This call is FREE for my hundreds of Marketing Mastermind and Stepping UP! members. They also get the CD and transcript of this call at no extra charge, plus a tonne of other member benefits – such as access to our online members forum.
Not a member? Then click here to join the Marketing Mastermind Group today so you can take advantage of this call and all the other member goodies each and every month.
I look forward to “meeting” you on our call.
Best Wishes
Bernadette Doyle
www.clientmagnets.com
PS – Even if you can’t make the call, all Mastermind members receive a FREE CD of the call as well as a digital version of the audio and transcript! Take advantage now.
Boost Your Speaking Sales with “The Invisible Close”The Receiving Zone: Get Cash Flow with what you NOW KNOW!
Thursday, 15 July, 2010
8pm UK, 3pm Eastern, Noon Pacific.
Have you been working hard to establish your business, but the rewards don’t match all the efforts you’ve been putting in? Are you tired of trading time for money – and want to discover new business models that can help you turn your expertise into more money – and free up your time. Do you feel that you’ve ‘paid your dues’ but are yet to collect?
My friend Kevin Nations and I are in the Receiving Zone, and between us have an impressive track record of helping our clients to get into the Receiving Zone too, and now it’s YOUR TURN.
So register now for this ONE TIME call: http://www.thereceivingzone.com
On this special call that we’ve called “The Receiving Zone: Get Cash Flow with what you NOW KNOW!”, we’re going to show you:
• How to get others to see that what you have is WORTH investing in (price objections will be a thing of the past when you master this)
• The ABC formula that may be costing you cash (HINT you might be following this formula without even realizing)
• Why some of the BUSY WORK you are currently doing will not produce results (and may even be holding back your success)
• What you need to do RIGHT NOW to get into the ‘receiving zone’ and finally get the recognition and rewards you deserve
Best Wishes
Bernadette Doyle
www.clientmagnets.com
Looking for an opportunity to shine from the depths of the direct mail slush pile?
Though it might sound a bit cliché, everyone, even those of you who feel encumbered by a limited budget or a relatively small business volume, can do that. Whether you’re sending out 10 pieces of mail per week, or 1,000 pieces, you can not only entice people to open your mail, but you can keep their attention with a creative, lumpy insert.
Maybe you have, at times, felt intimidated by the “big boys” – the companies who have thousands or millions of dollars to spend on direct mailing. But, despite what you might have come to believe about these huge corporations, you actually have an advantage over them for creative direct mailing. If you have an inventive idea for lumpy mail, you don’t have to sit in countless meetings with marketing committees, pitching your idea, enduring criticism, and perhaps, ultimately, having your idea shot down. You are your final decision maker.
When you’re creative with your lump mail insert, you can spur your recipients to action. Here are few examples to stimulate your imagination:
• If you’re intent on helping companies and individuals to find their own hidden treasures, you might consider including an old-fashioned scrolled treasure map with your promotional letter.
• If you consider a message to be of the utmost importance, you might want to stuff it into a bottle before mailing it.
• If you’re hoping to entice inactive customers to fall back in love with your company, you might insert a boomerang with a message like, “Boomerangs always come back, don’t they?”
• If your company has a mascot, you can have a lovable likeness of him or her reproduced as a lump.
• If your company helps people to find resources, for instance, you might want to include an ornamental needle-in-a-haystack.
• A complete comprehensive service might be accompanied by a small, silver platter and the statement, “I’ll give you everything you need for start-up on a silver platter.”
• Fortune cookies can be purchased, complete with customized messages inside, that deal specifically with your purpose or promotion.
If you’re stumped for lump ideas, there are resources that can help. Two examples are www.LumpyMail.com and www.ImpactProductsMarketing.com. There, you’ll find lots of creative ideas for lumps. Maybe you want to announce a promotion, invite inactive customers back to the fold, broadcast an upcoming campaign, publicize a grand opening, or announce a new product or service.
Simply using bulk to create a piece of lumpy mail will, indeed, prompt people to open the envelope, but if you want to stay with them for longer than it takes to empty your promotional pen of ink, or to use that pad of custom sticky notes, you’ll want to put some innovative thought into your lumpy insert.
Make your mail memorable with creative lumps…because when your lump is specific to your purpose, and unlike any other lump, it deems you memorable, worthy of the call or the click, and the investment.
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com
Shine From The Depths Of The Direct Mail Slush PileWriting a sales letter is a practice in anticipating what your prospects will think, and overcoming their objections. When you’re writing your sales copy, it’s invaluable to be able to put yourself in your prospects’ shoes and predict what they’ll think when they read your copy. It may be difficult to predict all of the objections that your prospects will have to your sales letter, but one thing you can easily manage is this: catch the catch. Explain why you’re offering such a great deal or such a great product to your prospects, or they won’t believe your pitch.
Prospects Look Out for Deals that are Too Good
From an early age, most of us are told “if something sounds too good to be true, it probably is.” By adulthood, most people feel that they can judge whether a deal is good or not, but that little doubt lurks in the back of most people’s minds. If you do a great job of establishing the value of your product, and justifying your price, people might have trouble trusting you or your sales copy. If you make your product sound “too good to be true,” you have to explain yourself to your prospects or risk loosing sales.
Reasons for Offering a Great Deal
A few key phrases can help diffuse worry over a deal being “too good” and convince your prospects that you’re on the up-and-up. With one technique, you explain to your prospects why a product like yours normally costs more, and how you’ve managed to change the production method to realize a cost savings. Then, you can say something like “I can pass along my cost savings to you.” This lets the prospect know that you know you’re offering a really good deal, and gives them a reason for you offering a good deal. If you don’t explain this to them, they’ll think that you’ve misrepresented the value of what you’re selling, and will turn away from your product.
Another technique involves presenting yourself as the “good guy” and responsible community member to your prospects. For example, you could tell your prospects that a colleague has recommended that you charge more for your product, but you’re “not greedy,” so you’ve chosen to offer it for less. One successful copywriter said “This is such a valuable skill set that I’m offering it at this price so as not to price it out of the hands of the people who need it most.”
In most cases, it doesn’t really matter how you overcome the “it’s too good to be true” objection – just that you address it somehow. When you re-read your sales letter, look at it from the eyes of a potential prospect. If you find yourself thinking “What’s the catch?” then you probably need to re-work your copy, or add in some language explaining why you’re offering such a great deal. With this technique, you can overcome the mental objections of the prospects, and you’re that much closer to making a sale!
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com
Overcoming Objections in Your Sales LetterHave you drawn the attention of potential clients? Are you giving off positive vibrations and getting plenty of hits on your web page?
Do you feel that you are doing everything right marketing-wise, but you’re still not closing the sale? Are you blaming your business circumstances on the economy?
While this is a more difficult economy to operate in than it was a few years ago, and people are more prudent with how they’re spending their money, the economy has absolutely nothing to do with your ability to close the sale.
I recently compared notes with some of my internet marketing buddies. The general consensus was that up until last year, most of us had done quite well because we were getting the low hanging fruit. We were achieving our goals and earning revenue that was easily attainable and didn’t require a great deal of effort.
But last year, most of us had to go a little further, work a little harder and dig a little deeper to get the results. My business grew, as did the businesses of most of my mastermind colleagues. We would not allow our businesses to be affected by what people were saying about the economy.
Nor should you. Your ability to close a sale has more to do with the effectiveness of your presentation than it does with the state of the economy.
If you’ve got the desire, the proper mindset, and the ability to communicate the need for your offering, the clients are out there. And, they will buy.
If a customer has a need for your product or service, and the means to pay for it, whether or not you close that sale depends on how well you communicate why they need to buy it.
Have a good listen to what you’re saying to your potential customers. Make certain that you are giving an effective presentation and not backing off on any of your selling points.
Give customers all the information they need. Explain exactly how your product or service will deliver the results they want.
This may require you to explain your offering in a little more detail. Give clients as much of the finer points they need to make it just seem logical for them to make the purchase.
Once you get them to understand why, that sale is an automatic close.
If you have something a person needs, and they have the means to pay for it, you have every reason on earth to believe that you can close that sale.
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com
Is It the Economy or Is It Your Mindset?What is your definition of opportunity?
Imagine that it’s a typical week for your website – the one that you have planned, designed, to which you have driven traffic, and through which you have made booking and registrations possible. Let’s assume that during a given week, 100 visitors cross into the realm of your site; 2 of them make the decision to purchase; however 98 of them leave without investing in your product.
What number captures your attention in the above example? Is it the 2 buyers? Will you wait for another 2 buyers next week? Will you count on luck, or “spray and pray” to deliver a sprinkling of voluntary customers next month, and next year?
Or, do you view the 98 departees as 98 new opportunities for sales?
In truth, your best profit potential lies in the 98 visitors who chose not to buy. If you plan well, after they leave, you will have 98 names and addresses that can lead to potential sales. All you need to do is have a plan for following them up. Just think – if you can get even 2 of those 98 to say “yes,” you have converted a larger percentage than you did with your sales page alone.
Here are some points to show why you should be following up:
- When you follow up with website visitors, you are targeting prospects who have already expressed an interest in your product. They clicked, which means, at the very least, that they are curious. For my regular readers, you know that this means you have gathered an audience of people with “raised hands.”
- Targeted follow-up correspondence answers questions that many of your visitors are not willing to ask (and many people have the same types of questions). Every time you answer a question, you take the opportunity to dispel an objection or a fear.
- Follow-up breeds interaction, which begs conversation. Think of your follow-up e-mails, postcards, and teleseminars as ice-breakers in a conversation that everyone wants to have, but no one knows how to broach.
- Marketing research doesn’t lie. It tells us that more follow-ups equal more conversions. Stay relevant in the minds of your prospects, and you’ll be the first person they turn to when a problem arises.
- Follow-up is a circular phenomenon. It gives you the information you need to devise better methods of follow-up. When questions are posed, and objections voiced, you are given valuable insight into the minds of prospective clients. With this information, you can plant more seeds and dispel more fears.
- Follow-up contact is an invaluable vehicle for conveying the idea of urgency. If a conference is set to take place 6 months from now, people will put off registration. But, if you can communicate a special offer through follow-up correspondence, you will light the fire to sign up. Often, discount deadlines and space limitations work well.
To increase conversions and increase your sales, it’s absolutely necessary you follow-up with all your prospects – even the prospects that don’t buy from you. You cannot follow up too often – you just need to vary your medium to keep your prospect engaged.
Don’t hesitate to use the invaluable follow-up for attracting and retaining clients. Leading prospects to your door is never enough – you must give them the incentives to revisit, and to invest.
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com
Get More Sales From Your Prospects Who DON’T Buy!