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Casual Articles - 6 MUST Have Strategies To Make Big Bucks with Big Ticket Items
Turbo Charge Your Career With The Most Powerful Leadership Tool Of All: The Leadership Talk Part 3 rilla Marketing - The Best of Guerrilla Marketing & Marketing on a Shoestring Budget by Jay Conrad Levinson"
To develop and deliver a great Leadership Talk, you must understand that every Talk has three important parts. (1) Audience Needs. (2) Strong Belief. (3) Action.(1) Audience needs: The first step in putting together a Leadership Talk is to understand the needs of your audience. As I explained in Part Two, they cannot be ordered to be your cause leaders. Their commitment is one of free choice. They will not make that choice unless they believe that their being your cause leaders will in some way help solve the problems of their (not your) needs.All needs are problems. All problems are crying out for solutions. When you are helping them with those solutions, you are a long way down the road of motivating them to make the choice to be your cause leaders.When you answer these questions, you have a good idea what their needs are. (1) What is changing for them? (2) Who would they rather have leading them besides you? (3) What action do they want to take? (4) What do they feel? (5) What do they fear? (6) What's their major problem? (7) What makes them angry? (8) What do they dream?(2) Strong belief: Knowing your audience's needs is important, but it's only the first step in developing a Leadership Talk. The next step involves strong belief, not just your belief but theirs. Clearly, you must believe in the cause. But your belief is irrelevant. After all, if you didn't believe in the cause, you shouldn't be leading it. The key question is can you transfer your belief to them so that they b
Jay Conrad Levinson calls the Marketing Calendar, the second marketing weapon. The marketing calendar does not have to be a time consuming task. You can do the rough outline of a simple one in 5-10 minutes or you can do a really detailed year by week calendar in about 2-3 weeks. Here's how to create a simple marketing calendar: Create a table with 12 rows and 5 columns. The 1st column is Month, the 2nd column is Thrust, the 3rd column is Media, the 4th column is Marketing Cost ($) and the 5th column is Grade. For each of the 12 rows, fill in one month (e.g. Jan, Feb, Mar, etc.) in the Month Column. Now for each row, fill in the thrust of your marketing in the Thrust column. In other words, for each month you should have a particular thrust for your marketing. (e.g. a special event, a special price, a new Business To Business Marketing: An Introduction Strategy #1: Change Your Mindset
Many people often use the term 'business to business (B2B) marketing,' but most of them do not know exactly what it refers to. B2B activity, both online and offline, involves the marketing of services and goods that help other companies operate. Manufacturers, resellers, the government and non-profit institutions are the most common examples of B2B markets.Business to business marketing associates with five distinct concepts - the exchange concept of marketing, the turn of production concept, the product concept, the phenomenon of marketing myopia and the sales concept.Converting prospects into customers is an important objective of B2B marketing. A few B2B companies do make some money off a customer base. But most of their capital is made off other businesses. A non-profit institution is a good example. Its operations normally depend on private donations from individuals. The organization also makes the great mass of its money through government funding or from corporations. Due to this reason, a non-profit institution makes itself and its services or products attractive not just to the public, but also to other entrepreneurs.A business to business marketing company normally focuses on relationship building and communication through marketing activities, producing leads that are fostered during the sales cycle. The decision to purchase is typically a multi-step process that involves more than one person. Therefore, companies use marketing strategies to teach various players in the target group. Componen That's right, change your mindset! It's probably the number one most important strategy when selling Big Ticket Items. Plenty of people are uncomfortable selling items that are priced above the $500 - $1000 mark. It's the intangibles which make Big Ticket marketing tougher to come to grips with for many business people. They have questions like:
It's a lot easier to value a low ticket item like an E-book at $17 or $49 or $197. There are already books available that have prices in a similar range. So how do you start the switch in mindset? The best thing to do is to find a Big Ticket product that you believe in and just try marketing it to your list of customers! That's what Joel Christopher did. He wanted to attend a particular seminar but it cost $1000. In those days, that was a lot of money for Joel. But the organizer told him that if he sold 3 seats he could get in free and earn affiliate commissions on every seat sold. Now, Joel wasn't sure whether his existing list would accept a Big Ticket Item at that price. But he decided to go for it! He wrote up an email and sent it out. And, much to his surprise, he sold 2 seats in less than 2 days! And that was a key turning point for Joel. His mindset was shifted. But how did Joel get up the nerve to send out that Big Ticket email to his list? We're going to talk about that in Strategy #2.
It is crucial that you value and believe in all of the products and services you sell. And that includes all lead generation products and services, as well. You must always provide huge value for your customers or they won't be your customers for long. By providing such value, you are successfully able to market to your customers. But this is especially important when selling Big Ticket items because it relates to your mindset. Here are a couple of quotes about marketing Big Ticket Items: Ted Nicholas: "You need to be able to basically establish the value in your mind before you can establish the value in the mind of the prospect." Joel Christopher: "Now deep inside, it was really about the value I was giving. When I said, I value what I'm giving and I value this thing then I can really promote it to my list." In the first quote, Ted is just saying that you need to have a firm idea of the value of the product you are marketing before you can put a price tag on it and convince a prospect that it is worth that price. In the second quote, Joel is describing the process that he had to go through internally, establishing the value of the product to himself and also its benefit to his list, before promoting it to his list.
Jay Conrad Levinson calls the Marketing Plan, the first marketing weapon. Jay is the father of Guerrilla Marketing and he says: "And in guerrilla marketing, if you don't have a marketing plan, that's like entering a battle under a commander who says, ‘Ready, Fire, Aim!' You're not going to win any battles if you do that." Now, I am not talking about a 300 page document that puts your team members to sleep J No, I am talking about a very simple marketing plan that helps guide every decision that you make for your business. As Jay Conrad Levinson describes it, a guerrilla marketing plan is only 7 sentences long and can be created in under 5 minutes. This article is too short to give a detailed description of a guerrilla marketing plan so we'll quickly highlight it and give you some resources for further reading. Sentence 1: What is the purpose of your marketing? What specific action do you want people to take? E.g. Do you want them to visit your website or join your mailing list? Sentence 2: How are you going to achieve that purpose? You do this by stressing your benefits and competitive advantages. Sentence 3: Who is your target audience or audiences? Who wants your product? Sentence 4: What is your niche in the marketplace; what you stand for? When people hear the name of your business, what's the first thing that enters their mind? Sentence 5: Which marketing weapons will you use? Guerrilla marketing has over 100 to choose from. E.g. marketing plan and marketing calendar. Check out http://www.gmarketingcoach.com/weapons.htm for the complete list of marketing weapons. Sentence 6: What is your identity? Which means your company personality. And it tells the truth. An image tells a lie; an identity tells the truth. Every business has a personality. Sentence 7: What is your marketing budget? It should be expressed as a percentage of your projected gross sales. And that's it, a marketing plan that is concise and focused. Make sure you check out the following resources as well:
Jay Conrad Levinson calls the Marketing Calendar, the second marketing weapon. The marketing calendar does not have to be a time consuming task. You can do the rough outline of a simple one in 5-10 minutes or you can do a really detailed year by week calendar in about 2-3 weeks. Here's how to create a simple marketing calendar: Create a table with 12 rows and 5 columns. The 1st column is Month, the 2nd column is Thrust, the 3rd column is Media, the 4th column is Marketing Cost ($) and the 5th column is Grade. For each of the 12 rows, fill in one month (e.g. Jan, Feb, Mar, etc.) in the Month Column. Now for each row, fill in the thrust of your marketing in the Thrust column. In other words, for each month you should have a particular thrust for your marketing. (e.g. a special event, a special price, a new Knowledge Management, the Generalist and the Specialist rote up an email and sent it out. And, much to his surprise, he sold 2 seats in less than 2 days!
Is knowledge management much to do about the dichotomy between the generalist and the specialist.“The process of Knowledge Management or KM incorporates the desire to expand our range of inquiry with the need to simplify our decisions.” (Wikipedia).Simplifying our decisions. We are to decide over more and more disciplines. That is a fact.Take for example Internet. Below are sumerized six out of the twenty-four categories at ezinearticles dedicated to the subject: Blogging-RSS Affiliate-Revenue Security Podcasting SEO PPC-Advertising So there are twenty-four categories and each category probably will have its expert. The main expert on the topic. Then you will have authors who will write more about all of the areas.Now you are managing a company where ten out of the twenty-four expertises are needed in the daily operation. How much should you know as a manager or even as an entrepreneur? You will most certainly not start a business if you do not know the first thing about it. Internet in this case.But the more you are dealing with growth and the more people you are to direct, the more you must KNOW how to manage - - the knowledge.The knowledge management function as described here is allocated with the generalist. He or she should know just enough to manage the knowledge of the others in the process.It is the challenge to concentrate on what you need to know, rather than first trying to know it yours And that was a key turning point for Joel. His mindset was shifted. But how did Joel get up the nerve to send out that Big Ticket email to his list? We're going to talk about that in Strategy #2.
It is crucial that you value and believe in all of the products and services you sell. And that includes all lead generation products and services, as well. You must always provide huge value for your customers or they won't be your customers for long. By providing such value, you are successfully able to market to your customers. But this is especially important when selling Big Ticket items because it relates to your mindset. Here are a couple of quotes about marketing Big Ticket Items: Ted Nicholas: "You need to be able to basically establish the value in your mind before you can establish the value in the mind of the prospect." Joel Christopher: "Now deep inside, it was really about the value I was giving. When I said, I value what I'm giving and I value this thing then I can really promote it to my list." In the first quote, Ted is just saying that you need to have a firm idea of the value of the product you are marketing before you can put a price tag on it and convince a prospect that it is worth that price. In the second quote, Joel is describing the process that he had to go through internally, establishing the value of the product to himself and also its benefit to his list, before promoting it to his list.
Jay Conrad Levinson calls the Marketing Plan, the first marketing weapon. Jay is the father of Guerrilla Marketing and he says: "And in guerrilla marketing, if you don't have a marketing plan, that's like entering a battle under a commander who says, ‘Ready, Fire, Aim!' You're not going to win any battles if you do that." Now, I am not talking about a 300 page document that puts your team members to sleep J No, I am talking about a very simple marketing plan that helps guide every decision that you make for your business. As Jay Conrad Levinson describes it, a guerrilla marketing plan is only 7 sentences long and can be created in under 5 minutes. This article is too short to give a detailed description of a guerrilla marketing plan so we'll quickly highlight it and give you some resources for further reading. Sentence 1: What is the purpose of your marketing? What specific action do you want people to take? E.g. Do you want them to visit your website or join your mailing list? Sentence 2: How are you going to achieve that purpose? You do this by stressing your benefits and competitive advantages. Sentence 3: Who is your target audience or audiences? Who wants your product? Sentence 4: What is your niche in the marketplace; what you stand for? When people hear the name of your business, what's the first thing that enters their mind? Sentence 5: Which marketing weapons will you use? Guerrilla marketing has over 100 to choose from. E.g. marketing plan and marketing calendar. Check out http://www.gmarketingcoach.com/weapons.htm for the complete list of marketing weapons. Sentence 6: What is your identity? Which means your company personality. And it tells the truth. An image tells a lie; an identity tells the truth. Every business has a personality. Sentence 7: What is your marketing budget? It should be expressed as a percentage of your projected gross sales. And that's it, a marketing plan that is concise and focused. Make sure you check out the following resources as well:
Jay Conrad Levinson calls the Marketing Calendar, the second marketing weapon. The marketing calendar does not have to be a time consuming task. You can do the rough outline of a simple one in 5-10 minutes or you can do a really detailed year by week calendar in about 2-3 weeks. Here's how to create a simple marketing calendar: Create a table with 12 rows and 5 columns. The 1st column is Month, the 2nd column is Thrust, the 3rd column is Media, the 4th column is Marketing Cost ($) and the 5th column is Grade. For each of the 12 rows, fill in one month (e.g. Jan, Feb, Mar, etc.) in the Month Column. Now for each row, fill in the thrust of your marketing in the Thrust column. In other words, for each month you should have a particular thrust for your marketing. (e.g. a special event, a special price, a new Digital Signage - Adding EAS Support the value of the product you are marketing before you can put a price tag on it and convince a prospect that it is worth that price.
Last week, I discussed the ability of private TV channels and digital signage networks to disseminate emergency alert messaging when a threat is posed. I also pointed out that unlike Emergency Alert System messages transmitted by radio and TV stations or the wailing siren in the distance, the delivery of emergency messaging via private TV channels and digital signage networks can target specific warnings and instructions to a defined group of people, who may be facing a unique emergency, such as a fire in their office building.This week, I'll focus on main points you need to know if you want to prepare your digital signage network or private TV channel to deliver Emergency Alert System messaging from the National Weather Service or governmental authorities, including those at the local, state and federal level.EAS warnings The Emergency Alert System stems from the desire of the president of the United States to communicate with the public in times of national emergencies. In the early 1960s, the chief executive began allowing local and state authorities to use the system to transmit localized warnings.The system has been designed to deliver messages quickly and automatically in the event of an emergency. Among its most conspicuous features to the public may be the automatic interruption of broadcast programming that replaces program audio with an aural alert and superimposes a text crawl with warning information at the bottom of the TV screen.EAS works automatically largely becau In the second quote, Joel is describing the process that he had to go through internally, establishing the value of the product to himself and also its benefit to his list, before promoting it to his list.
Jay Conrad Levinson calls the Marketing Plan, the first marketing weapon. Jay is the father of Guerrilla Marketing and he says: "And in guerrilla marketing, if you don't have a marketing plan, that's like entering a battle under a commander who says, ‘Ready, Fire, Aim!' You're not going to win any battles if you do that." Now, I am not talking about a 300 page document that puts your team members to sleep J No, I am talking about a very simple marketing plan that helps guide every decision that you make for your business. As Jay Conrad Levinson describes it, a guerrilla marketing plan is only 7 sentences long and can be created in under 5 minutes. This article is too short to give a detailed description of a guerrilla marketing plan so we'll quickly highlight it and give you some resources for further reading. Sentence 1: What is the purpose of your marketing? What specific action do you want people to take? E.g. Do you want them to visit your website or join your mailing list? Sentence 2: How are you going to achieve that purpose? You do this by stressing your benefits and competitive advantages. Sentence 3: Who is your target audience or audiences? Who wants your product? Sentence 4: What is your niche in the marketplace; what you stand for? When people hear the name of your business, what's the first thing that enters their mind? Sentence 5: Which marketing weapons will you use? Guerrilla marketing has over 100 to choose from. E.g. marketing plan and marketing calendar. Check out http://www.gmarketingcoach.com/weapons.htm for the complete list of marketing weapons. Sentence 6: What is your identity? Which means your company personality. And it tells the truth. An image tells a lie; an identity tells the truth. Every business has a personality. Sentence 7: What is your marketing budget? It should be expressed as a percentage of your projected gross sales. And that's it, a marketing plan that is concise and focused. Make sure you check out the following resources as well:
Jay Conrad Levinson calls the Marketing Calendar, the second marketing weapon. The marketing calendar does not have to be a time consuming task. You can do the rough outline of a simple one in 5-10 minutes or you can do a really detailed year by week calendar in about 2-3 weeks. Here's how to create a simple marketing calendar: Create a table with 12 rows and 5 columns. The 1st column is Month, the 2nd column is Thrust, the 3rd column is Media, the 4th column is Marketing Cost ($) and the 5th column is Grade. For each of the 12 rows, fill in one month (e.g. Jan, Feb, Mar, etc.) in the Month Column. Now for each row, fill in the thrust of your marketing in the Thrust column. In other words, for each month you should have a particular thrust for your marketing. (e.g. a special event, a special price, a new Leaders: Its Time To Walk The Talk Not Talk The Talk t specific action do you want people to take? E.g. Do you want them to visit your website or join your mailing list?
The bigger the company gets, the more likely its chief executive officer has lost touch with his (or her) own troops on the front line. But to think strategically you have to be intimate with the front line to know exactly what your customers are thinking and how your competitive fight for market share is taking shape.You have to talk with people you trust to tell you the truth. Warts and all. You have to learn to ask probing questions and make it safe for people to answer you. Rather than surrounding yourselves with your trusted senior advisors, head to the pub with your sales guys and secretaries.The problem is that middle and senior managers are notorious for saying what they think everyone, especially you, wants to hear and that's generally the good news not the bad news. But it is the bad news that drives improvement within your organisation and lifts your game in the eyes of your customers.Whats more, knowing the good, the bad and the ugly stops you making bad decisions and blunders simply because you have been duped into believing everything is dandy. And it stops you from making grand motherhood statements that you might believe in but everyone else knows not to be true.So the message is simple. Get out from behind the desk and get real. You need to start walking around and talking to the troops. Your company rhetoric is only as good as the two legs that carry it around the building. Sentence 2: How are you going to achieve that purpose? You do this by stressing your benefits and competitive advantages. Sentence 3: Who is your target audience or audiences? Who wants your product? Sentence 4: What is your niche in the marketplace; what you stand for? When people hear the name of your business, what's the first thing that enters their mind? Sentence 5: Which marketing weapons will you use? Guerrilla marketing has over 100 to choose from. E.g. marketing plan and marketing calendar. Check out http://www.gmarketingcoach.com/weapons.htm for the complete list of marketing weapons. Sentence 6: What is your identity? Which means your company personality. And it tells the truth. An image tells a lie; an identity tells the truth. Every business has a personality. Sentence 7: What is your marketing budget? It should be expressed as a percentage of your projected gross sales. And that's it, a marketing plan that is concise and focused. Make sure you check out the following resources as well:
Jay Conrad Levinson calls the Marketing Calendar, the second marketing weapon. The marketing calendar does not have to be a time consuming task. You can do the rough outline of a simple one in 5-10 minutes or you can do a really detailed year by week calendar in about 2-3 weeks. Here's how to create a simple marketing calendar: Create a table with 12 rows and 5 columns. The 1st column is Month, the 2nd column is Thrust, the 3rd column is Media, the 4th column is Marketing Cost ($) and the 5th column is Grade. For each of the 12 rows, fill in one month (e.g. Jan, Feb, Mar, etc.) in the Month Column. Now for each row, fill in the thrust of your marketing in the Thrust column. In other words, for each month you should have a particular thrust for your marketing. (e.g. a special event, a special price, a new Defining Organizational Culture rilla Marketing - The Best of Guerrilla Marketing & Marketing on a Shoestring Budget by Jay Conrad Levinson"
There are many different factors that help to define organizational culture. If someone wanted to make a full laundry list and get really specific, it wouldn't be surprising if over one hundred different things were listed: but most can be broke down into specific categories or factors that cover many of the smaller details of corporate culture. Here are a few of the factors that have a major hand in defining organizational culture in general.Conflict resolution. How much does the company encourage, or discourage, its employees to openly discuss any complaints. Do superiors listen to different opinions or just ignore them?Culture management. This factor is a measurement of how much the corporation is trying to actively be a part of an organization's culture and shaping it's direction, or if this is a non-factor which they just ignore. Companies with a strong cultural management tend to be on the same page as their employees and are more efficient. The company is seen as an identity that workers can be proud to be associated with.Feelings towards change. Are employees open towards change, or heavily resistant to it? Or just indifferent altogether. The answer to this question can tell you a lot about a company's culture and how efficient the workers and supervisors are going to be working together, especially during challenging times. Are employees in all parts of the organization encouraged to experiment and to take reasonable risks? Are mistakes viewed as a learning process, or punished and dis
Jay Conrad Levinson calls the Marketing Calendar, the second marketing weapon. The marketing calendar does not have to be a time consuming task. You can do the rough outline of a simple one in 5-10 minutes or you can do a really detailed year by week calendar in about 2-3 weeks. Here's how to create a simple marketing calendar: Create a table with 12 rows and 5 columns. The 1st column is Month, the 2nd column is Thrust, the 3rd column is Media, the 4th column is Marketing Cost ($) and the 5th column is Grade. For each of the 12 rows, fill in one month (e.g. Jan, Feb, Mar, etc.) in the Month Column. Now for each row, fill in the thrust of your marketing in the Thrust column. In other words, for each month you should have a particular thrust for your marketing. (e.g. a special event, a special price, a new service, etc.) Now for the Media column, fill in the media you plan to use during a particular month. (e.g. email, newspaper, radio, TV, networking, etc.) In the Marketing Cost ($) column, you will fill in how much money it cost you to do your marketing for that month. And finally, in the Grade column, you give a letter grade (A, B, C, D, E, F) about how well you thought your marketing did that month. Be honest! Now, at the end of the year you simply look back over your marketing calendar. Compare your monthly financial statements with the marketing activities for that month and see which activities really paid off for you. Eliminate any marketing activities that did not receive an A or B grade. Use only those A and B grade activities for planning the following year's activities. After the second year, repeat the above process again, except only keep marketing activities that had a grade of A. All you're left with are things that have been proven in action for your business. Now isn't that worth the small amount of up front effort to create the marketing calendar?
Single media marketing is not sufficient! You cannot reach all the prospects for your products and services through a single media anymore. Take email for example. But first, a brief side note. Your marketing email message should NEVER be SPAM; it should always be permission based email. In other words, the people you're sending it to should have opted in to receive it. Anyway, with the ever increasing amount of SPAM and people using SPAM filters to try to help that problem, your marketing message in email might not even be making it through to your prospective customer! Or your customer may be overwhelmed by the sheer number of email messages they receive and will not even get around to reading your Sales Letter, E-Course, Article, or Newsletter. TV and Radio. How many customers just ignore your message because they use VCR's or DVD recorders to tape only the shows they want to watch AND then they speed through the advertisements. And TV and Radio ads are notoriously hard to track in terms of their effectiveness. Infomercials at least use specific 800 numbers that can be changed for each marketing campaign to track how well they are pulling in sales. But how do you gauge whether a 30 second ad spot on TV is working? Here's what Jay Conrad Levinson, the father of Guerrilla Marketing had to say about multimedia marketing: "Guerrillas know that the only thing that works now is marketing combinations. If you do advertising and you do direct mail and you have a website, all three will work. All three will help each other work. The days of single weapon marketing have been relegated to the past and we're now living in an era where only marketing combinations work." And here is what Joel Christopher, the master list builder, had to say about multimedia marketing: "Multimedia marketing is the next principle. See, another myth that I saw happening was that internet marketing is the end all and be all and nothing else. ... you can generate leads and do email marketing, but for High Ticket Items, the sale is done offline. So you have to combine online marketing with offline marketing." An excellent resource on multi-media marketing:
Building relationships isn't a new marketing concept. You must build relationships with your customers. In order for them to buy from you, they must come to know you and trust you. Only then, will they buy from you. But once they buy, most of them will be your customers for life as long as you treat them well. In the field of Customer Relationship Management (CRM), building relationships has taken on even more importance over the last few years. It used to be that CRM was nothing more than a new buzzword for sales force automation (software to make the taking of orders easier for sales representatives). There was no "C" or "R" involved, only "M" for management of sales. But, people in the CRM field learned that in order to maximize profit you must first maximize customer lifetime value. And the way that you do that is by building long term relationships with customers! This becomes particularly important in Big Ticket businesses with extremely long sales cycles. E.g. Mainframe or super computers E.g. Jet or 747 airplanes. You cannot just hit these prospects with a "buy, buy, buy" sales message. You need to build a relationship with them. Their order could be worth $500,000 to $1,000,000 or more. They are not going to trust you with that size of an order without getting to know you much better, first! Jay Conrad Levinson says: "... traditional marketing is all about taking. How much can we get from each customer? Let's go get it. Guerrilla marketing is all about giving. Guerrillas realize that marketing's real purpose on earth is to educ
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