Tag: strategic internet marketing

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Sales & Marketing

To Attend or Not to Attend — 3 Keys to Determine the Right Event for You

In case you haven’t been paying attention, there are more events out there then you can shake a stick at. And every time you turn around, even more events pop up.

For the most part, I’m glad there are so many events because there are many good reasons to attend them. The networking, the learning, the “getting out of your rut and exploring new ideas” and more. But the problem is, how do you decide which events are worth you spending your hard-earned money (not to mention your time) attending and which are the ones you should skip?

Well, I’ve put together 3 keys to helping you determine the right event for you.

1. First — ask yourself why you want to attend this event (or any event for that matter) in the first place. What do you hope to get out of it? Are you looking for business? Joint venture opportunities? To learn a new skill or strategy? To brainstorm some new ideas for your business? To just get away from your office and talk to people who “get it?”

Be very clear and very specific on what you want. Don’t be vague — if you’re vague you’re not going to have enough information to actually make the right decision.

2. Now, take a look at the event. If you’re looking for clients or joint venture partners, are those the people who will be attending? Will it be too small (or too big) for you to be able to do they type of networking you enjoy? If you want brainstorming or masterminding, will the right folks be there for that?

If you’re looking for education, is the event promise a good fit? Do you think you’ll actually walk away with the information you’re looking for?

3. Okay, so if you’ve gotten this far and the event appears to be a good fit, now I want you to take one final look to make sure attending this event is absolutely the right way to go.

If you’re looking just for information and have no big interest in the networking (or you don’t much like to network) is there a simulcast option or a home study course you could get instead? (You can also do quite a bit of networking on simulcast as well.) If you are interested in the networking, is this the absolute best event you should attend or if there a better option? And if this is the best option, should you simply be an attendee or would it be worth your while to upgrade your visibility to a sponsor package?

I’m not trying to talk you out of your decision with this third step, but what I AM trying to do is make sure you’ve thought this through so you aren’t disappointed. There’s nothing worse then spending all that time and money to show up at an event and realize either it’s not what you were looking for OR you should have made a different choice (for instance — you should have chosen a sponsorship option or a simulcast option).

So take a few extra minutes and just make sure this is the right decision for you.

And lastly (but probably most importantly) once you DO decide this is the right event for you, go buy your ticket and make your travel arrangements NOW. Don’t wait — get it done and move on to your next decision.

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Sales & Marketing

5 Reasons Why You Should Do a Product Launch That Have Nothing To Do With Selling That Product

When most entrepreneurs decide to launch a product, they’re mostly thinking about how many products they’re going to sell or how much money they’ll make during the launch.

Now while that’s a great reason to have a product launch, it’s actually not the only reason. In fact, I may go as far to say it’s not even the most important reason. Let’s take a moment and go through the top 5 reasons to have a launch that have nothing to do with selling that particular product.

1. You create visibility for yourself. Even a small product launch will create visibility and get people talking about you. After all, the point of a product launch is to create a buzz and get some of your free content to go viral. The sheer act of doing that builds name and brand recognition, which is key to growing a business.

2. You build your credibility. If your product launches include releasing free content (i.e. videos, special reports) or hosting a free call or webinar, how you present that information can go a long ways towards building your credibility. If you giveaway great content and people can experience for themselves how knowledgeable you are, your credibility will shoot through the roof.

3. You build your list. Offering free content or a free call or webinar is a great way to build your list. Even if you have a small list there are ways to structure your product launch to maximize your list building. (Note — the end result may not be tons of sales but rather a big boost in your credibility and visibility not to mention more names on your list.)

4. You build momentum in your marketing and your business. Product launches take an enormous amount of energy to get off the ground. That energy has to go somewhere (remember the laws of physics — energy is neither created or destroyed, just transformed) and if done right it’s transformed into a huge momentum boost for your business. You’ll likely find marketing your business much easier after a launch — not just because your personal momentum is going but because your prospects are still “talking” about you and are more open to receiving your message.

5. You sell your other products and services. Remember all that visibility and credibility you created with your launch? Well, you likely got the attention of people who may not be interested in the specific product you’re launching but they ARE interested in YOU. Don’t be surprised if sales of your other products and services jump (this typically happens both during and after the launch).

Now, here’s the best part. If you do a product launch for reasons OTHER than a big payday at the end of the day, think about how good it will feel when you DO sell a bunch of products? One of the biggest reasons why product launches are so stressful and so discouraging is entrepreneurs put this big number out there on how many they want to sell and when they don’t hit that number, they’re depressed — EVEN though it may really have been a big success in other ways. So, if you flip it, you can relax during the launch, enjoy it more and be excited and grateful for whatever sales you make.

Food for thought.

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Sales & Marketing

3 Mistakes Conscious Entrepreneurs Make When Launching a Product or Program

Of all the marketing tools out there (and make no mistake about it, product launches are a TOOL — nothing more, nothing less) product launches have got to be the most frustrating, misused and misunderstood tool.

There is nothing that will bring an entrepreneur to their knees faster than a busted launch. Worse, even if the launch ISN’T a failure, it’s still the cause of more worry, anxiety and sleepless nights than any other marketing tactic I’ve ever seen (and trust me, I’ve seen a lot).

However, since launch failure certainly is one of the top concerns (not to mention a bad launch makes everything else look worse) I thought I’d take some time today to discuss the top 3 mistakes entrepreneurs make when launching a product or program.

Mistake 1: They rush into the launch.

Let me explain what I mean by this because it’s not as clear cut as you might think. While I do think giving yourself some time and space to launch something properly (especially when you’re doing it from scratch) is a good thing, if you have a big enough list to meet your sales goals, you can rush your launch as much as you want.

Where I see the biggest problem with rushing your launch (other than just keeping yourself up nights working on all the promotional pieces) is when your list is small and you are dependent on affiliates or joint venture partners to meet your sales goals. If this is the case, you are pretty much guaranteeing your launch will fail.

You see, affiliates and joint venture partners are busy people. They have their own products and services to promote plus they too have agreed to help other people. The less lead time you give them the more likely they will tell you they can’t help you promote.

However, there is another way to look at this, which actually leads into mistake number 2.

Mistake 2: They don’t know the numbers.

Here’s how this mistake plays out. You’ve been hearing about these 6 figure launches, but you’re just starting out — you don’t expect to have a 6 figure launch. You would be happy with 50 people in your program. And with 200 people on your list that should be doable, right?

Well…

You do the launch and end up with 8 people in your program. You’re crushed.

Now the reality is with your list of 200, that’s a 4 percent conversion of your entire list. You should be THRILLED with that conversion.

But, because you don’t know the numbers (specifically the CONVERSION numbers) you’re just looking at the end result — how many people actually bought. And if it’s lower than what you wanted (or expected) you’re going to be disappointed.

But if you know the numbers, then you’ll know going in how many people you can expect to buy. And you’ll ALSO know what to expect regardless if affiliates help you promote or don’t. And that’s a really powerful way to keep yourself from getting too disappointed or frustrated.

Mistake 3: They either give up or decide not to send “one more email.”

This happens if they either get too discouraged from lack of sales or they just start feeling “icky” about the whole launch. At that point, they just stop.

And when you stop, you’ve also just stopped getting any more sales. And even if you’re stopping because you’re feeling sort of icky, you’re probably going to feel even more icky when people stop signing up for your program. (You CAN cut down the number of emails, just as long as you know which emails to cut.)

So you need to know going in you’re probably going to feel like giving up somewhere in the middle. If you know this, you can stand firm when it happens and make sure you still send that “one last email.” (Who knows, that could be the email that turns everything around for you and to think you almost didn’t send it!)

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Sales & Marketing

3 Steps to Crafting Your 2012 Marketing Plan

There’s no question you can start and grow a business without a marketing plan. However, I can tell you from personal experience, if you’re feeling stuck and can’t get to the next level, it’s probably because you never took the time to put a marketing plan together.

Having a marketing plan really is the key to growing and sustaining a successful, profitable business. Otherwise all you’re doing is winging it, and winging it only takes you so far.

So if you’re ready to craft your 2012 marketing plan but you’re not sure where to start, read on — I’m going to walk you through 3 steps to get you there.

1. Start with the end goal. If you don’t know where you’re going, then you really don’t need a plan. (And it’s impossible to plan without knowing where you want to end up anyway.)

It’s probably easiest to start with the money. How much do you want to make in 2012? Write that down. You probably also want to divide it up into monthly or quarterly goals so you know how much you need to make each month or quarter to reach that goal.

Now figure out how you’re going to make that monthly or quarterly figure. How many of your products/programs/books/service packages do you need to sell to hit that number? Write all that down too.

2. Put the big blocks in place. In order to meet your quotas are you going to need to do some launches? Put those in first. Or is there something else you need to do to get clients or customers? (Attend networking events, host teleclass, etc.) Make sure those are all accounted for before you do anything else.

Once you’ve put in the big blocks, take a moment and eyeball your calendar. Is it packed with launch after launch? Or do you have hardly anything in there? Check that it’s balanced — you want to have enough launches or big marketing events in there to generate some visibility and momentum for your business but you don’t want so many you feel exhausted and overwhelmed just looking at your calendar.

3. Fill in the details. Marketing is a dance — a dance between promoting and giving. Creating and building relationships then harvesting those relationships. You need to make sure you have all both things covered. (And if you’re wondering what I mean by marketing activities that create and build relationships, I’m talking about doing things like an ezine or answering people’s question on Facebook — content-rich activities that don’t obviously lead to a promotion.)

You may also want to take the time to actually fill in the actual launch steps. When are you doing the preview call? When do you want the emails to go out? When are you going to have all the copy written?

The more specific plan, the easier it’s going to be to execute. Not only will you know exactly what you’re supposed be doing at all times but your team will be able to help you a lot easier.

Categories
Business Ideas

3 Steps to Starting the New Year on The Right Foot for Your Business

There’s no better time to take stock of your business than the time between the end of one year and the beginning of the next. It’s “out with the old, in with the new” and that includes out with anything that isn’t serving you or your business at the highest level, and in with what you want your business to look like.

To help you get on track for the fresh New Year and all it’s possibilities, I thought I’d share 3 simple steps to get you and your business started on the right foot.

1. Start by cleaning out the old year. Are you surrounded by stacks of papers or old files? Now is the time to clean those up and make room for all the new business and opportunities that are bound to come your way (unless there’s no room for them).

What about old products or programs? Is everything you’re offering in your business still a good fit? Or maybe there’s something you’ve outgrown or doesn’t work with your brand anymore?

And don’t forget to look at your mindset or your habits. What are you still not doing you know you should be? What habits or blocks are you finally ready to ditch for good?

Get it all out there. Write everything down you want to throw out with the old year. Then you may want to destroy it — burn the paper or shred it. Remember, this is all about clearing away what you don’t want or don’t need anymore.

2. Be grateful for what you HAVE accomplished. Now that you’ve gotten rid of the old and worn out, don’t forget to take a moment and write down everything you’ve accomplished last year. What are you grateful for? What are you most proud of? It’s time to celebrate your accomplishments — take the time to do this. (If you’re anything like me, this is the first thing to go. It’s difficult for me to celebrate anything, I’m constantly looking at all the things I WANTED to do and didn’t.)

3. Now, get set up for the New Year. Some of the things I do include getting my new calendar in place and writing down my goals in it. Then I put together a marketing and promotional plan for the year so I can reach those goals.

You also may want to take some time to lay out a plan for getting rid of those blocks. Is there a program you need to buy? A coach you need to hire? Or maybe there’s something you need to implement. (Ditto for the changing those habits — what do you need to do to ditch those old habits that no longer serve you for good?)

Now, when you set up a plan, make sure you do what many people do when training their dogs — set yourself up for success. Create the plan with your success in mind. Don’t make it so overwhelming or paint yourself in a corner so there’s no way for you to succeed. Push yourself but be realistic too. There’s no shame in taking small steps toward your goal — the only shame is making yourself feel bad because you didn’t give yourself a realistic plan to meet your goals.

And, whatever you do, don’t forget to celebrate! You deserve it.