Friday, March 27, 2009

How To Create Offers People Act On

A marketing issue that baffles and frustrates many small business owners is when they make an offer to sample a product or service they sell and there are no takers.
Example: Why isn't the Phone Ringing?

Diane wants to build her real estate business by attracting more first time home buyers. On her web site's home page, along with the usual listings, she has an offer which reads, Are you buying your first home? Call me for free consultation at 1-800-NEW-HOME.

The offer has been up for six weeks and although people are visiting her website, the phone isn't ringing. Diane is discouraged and wondering if "this Internet marketing stuff really works?"

Has this happened to you? You create an offer--maybe a very generous offer--and no one takes you up on it.

It's really discouraging. I know. It's happened to me more than once.

So what's going on here? Bottom line: your offer may be a good one but you're making it at the wrong time for most of the people visiting your website.
What do I mean by "wrong time"? Here's an example:

Dan and Lisa are married couple looking for their first home. They're great prospective clients for Diane. Lisa is on the Internet checking out homes for sale in the neighborhoods in which they're interested and one of the websites she looks at is Diane's.

Now, let's assume that Lisa sees Diane's offer. Why doesn't she pick up the phone and call?

For the same reason most of us don't pick up the phone and call: we're concerned we're going to get a sales pitch and be pressured to do something we're not ready to do.

Solution: Small Steps Over Time

The way to create offers that people act on is to set up a series of small steps you ask prospects to take over a period of time.

For example, let's say that instead of offering a free consultation, Diane's offer is this:

"Click here to get my free report, The Ten Biggest Mistakes First Time Home Buyers Make."

When a prospect clicks the link they are asked for their email address so Diane can send them the report.

She will get a lot of takers on this offer.

Now that Diane has collected some emails what are the next offers she might make?
She sends those who downloaded the report two emails in the next 30 days that focus on specific points in her report. These emails also include an invitation to subscribe to her weekly ezine.

Those who subscribe receive a weekly ezine with information that's useful to first time home buyers.

In each ezine, Diane includes her original offer for the free 30-minute consultation.
Diane's free consultation offer is still there but prospects see the offer after taking two intermediate steps: (1.) Getting the free report; (2.) subscribing to her weekly ezine.

How Long Does It Take?

Some people will point out, "Yes, but won't it take longer to get prospects to the phone...what she wanted to begin with?" These folks worry that they're wasting time with little intermediate steps instead of just cutting to the chase.

It does take longer. Depending on the service your business provides, it can take anywhere from 8 weeks to several months. And there will be people who read your free reports and ezines for quite a while before they buy something.

But here's why offering small steps is so important. Why several small steps over time work so much better than asking for a giant step right away:

Effective marketing and sales are all about building trust and credibility. As human beings, we develop trust when we experience repeated demonstrations of trustworthiness over time. No matter how persuasive the sales pitch, no matter how many testimonials are in the copy, very few people will make a large financial or emotional commitment at first sight.

They will, however, make small, low cost commitments at first sight. And they will be willing to make larger commitments over time as you demonstrate value again and again.

Final Word

If you are making a generous offer to prospects but very few if any are responding, you may be asking them to do too much too soon. Consider adding at least one low cost, low commitment intermediate offer that gives you the opportunity to build trust over time.

About The Author:
Judy Murdoch helps small business owners create low-cost, effective marketing campaigns using word-of-mouth referrals, guerrilla marketing activities, and selected strategic alliances. To download a free copy of the workbook, "Where Does it Hurt? Marketing Solutions to the problems that Drive Your Customers Crazy!" go to judymurdoch.com/workbook.htm You can contact Judy at 303-475-2015 or judy@judymurdoch.com

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Thursday, March 06, 2008

20 Simple Things To Do Today To Dramatically Increase Your Website Sales Part 2

This is the second half of Willie Crawford's article:

Day759
11. Consider offering the option to phone-in orders. If your volume and profit margin justifies it, maybe you want to use a full-time employee or answering service to take orders over the phone. Many customers are uneasy about entering their credit card information into a webpage but don't hesitate to give it over the phone. Hearing a voice on the phone is reassuring. If your merchant account agreement allows this and you're equipped to key in orders don't discount this option too quickly.

12. Consider offering the option to fax in orders. If you don't want to have a full-time order taker sitting around, this may be a good option. This also gives you a hard copy of the order, along with a signature, which some credit card processors require.

13. Consider offering the option to mail in orders. This is another option you should not overlook. Some customers will not have credit cards but may want to order using a money order or check. I get a steady flow of mail orders, and the joy of opening letters containing orders never seems to go away.

14. Re-examine your price. Sales often increase dramatically when you make minor price changes. Perhaps raising your price will imply a higher quality to your prospects and therefore increase sales. Maybe lowering yourprice slightly will increase sales revenue by more than the decrease in per-unit profit. This is a point that it generally makes business sense to test.

15. Stop offering so many freebies! Ask yourself if you want customers with money to spend or those who aren't willing to pay for quality products and services. If you want to attract primarily "freebie seekers" then you need to have a system for eventually converting them into some type of revenue stream. You must pre-qualify your prospect even when giving them something for nothing to confirm you are reaching the ideal customer.

16. Make sure your promotions are really targeted. Begin by writing our a description of your ideal target customers. This ties in with number 15 somewhat. You may even go as far as stating in your ad the type of prospect you don't want. Many marketers of high-end items do this. It saves a lot of resources and allows them to focus on prospects who want what they offer, can afford what they offer, and are willing to purchase what they offer. Factor this philosophy into your marketing plan.

17. Have a trusted advisor review your web copy and/or ad copy for credibility/believability. This advisor should be familiar with copy writing and with your industry. You should seek honest unbiased feedback. We often overlook obvious flaws. It's a common practice to ask for site reviews on discussion forums. The drawback to that is that you may get opinions from those who aren't qualified to offer good advice.

18. Make sure you have a call to action. Your website or sales letter should stir your prospect into a buying frenzy. It should also tell them exactly how to order. It should tell them to click the link or pick up the phone or print out and mail in the order form. Many people must be given specific instructions before they take action. Tell them to do it now.

19. Review your guarantee. You should only market products that are of sufficient quality that your buyers are unlikely to be dissatisfied. Therefore you should offer a very strong guarantee. Guarantees which have a lot of conditions or reservations only build doubt in the prospect mind. "No questions asked, 100% money-back guarantees" generate substantially more sales and do not increase returns. Longer guarantees also tend to reduce returns since the customer does not feel an urgency to decide if he's satisfiedwith the product.

20. Make sure your ezine and website tie together and work synergistically. An ezine that reminds prospect to revisit your website and tell them about new products or features tend to increase sales. Websites that encourage ezine subscriptions give you a tool for staying in touch with visitors who would otherwise never return to your site.

Willie Crawford Not Only *Shows* You How To Make Your LivingOnline, He'll Also *PAY* for the Resources Needed to Do it!Click Here for the "All-In-One Internet Marketing Solution":http://williecrawford.com/cgi-bin/tk.cgi?all-in-one

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