Jim's Marketing Blog

Marketing tips and ideas to help you grow your business

You’re better. They’re more successful. Why?

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marketing balance, marketing tips, marketing ideas

Photo | Andrew Draper

Today, I’d like to help you avoid maybe the most frustrating thing in business. I’m referring to watching your less capable competitors gaining more of the market, and making more money, than you do.

It all starts with understanding the following.

The most successful provider and the best provider, are seldom the same provider. In fact, it rarely happens.

That’s because being the best doesn’t automatically mean people will notice you, believe you, buy from you or hire you.

Why is that?

Commercial success requires a critically important balance.

You need to balance the development of a great service, with the development of a strategy to earn the attention, trust and business/patronage of your marketplace.

Here’s why that balance is essential.

  • If your prospective clients don’t know you exist, it doesn’t matter how exceptional your service or product is, because you’re not an option for them.
  • If your prospective clients DO know you exist, but your marketing doesn’t inspire them to trust you, they won’t hire you or buy from you.
  • And if your prospective clients know you exist, and they trust you–but your marketing doesn’t motivate them to take action, they won’t hire you or buy from you.

Without that balance in place: Trying to grow a business is extremely frustrating, as less capable competitors grab your share of the marketplace. You will already know competitors in your space, who are nowhere near as good as you, yet they’re flying.

With that balance in place: You get all the rewards your hard work and dedication merits.

Thankfully, this is directly under our control as business owners. And it’s easy. All it takes is a decision. The decision to adjust the balance, so our business attracts the volume and quality of clients we deserve.

But here’s the challenge

It’s even easier to ‘keep on keeping on’ and hope things just get better. Which is why this message is ignored by most people I share it with. It’s why there are business owners still whining about how unlucky they are 5 or even 10-years after they started their business.

It’s not luck.

It’s a decision. THIS decision.

And as business owners, it should be the easiest, most obvious business decision we ever make.

Assess. Improve. Execute

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marketing tips, curiosity, sales leads, sales

Photo Finn Hackshaw

Today, I’m going to share a marketing idea with you that helped me increase a client’s sales results by just over 180% in 5 months.

It can be summed up in 3 words: Assess. Improve. Execute.

Here’s how it works.

Assess

The first step to boosting your sales results is to assess your current situation. I spent some time digging into my client’s sales and marketing process and identified her company’s primary problem. It turned out they offered a superb service and when prospects learned about it, they absolutely loved it. The problem was that they were getting too few chances to demo their service. This means I needed to radically increase the number of high-quality client leads they attracted.

Once we identified the root of her problem, it was time to improve things and free my client to dramatically increase her company’s sales results.

Improve

There were a number of areas in my client’s marketing that were under-performing. This is why she wasn’t generating the volume of high-quality enquiries she needed. She knew her marketing wasn’t working the way she needed it to. But like many business owners, my client assumed the enquiries they attracted were about average in number and quality. She was wrong on both fronts. A common mistake, which had been needlessly losing the company a fortune.

By making a small number of essential improvements at the very beginning, we were able to considerably increase her results. And fast. Really fast.

I remember the easiest adjustment I made, was to improve the focus of their sales message. It had previously focused on what their business did, how great their service was and how amazing their team was. It’s a common mistake.

If your marketing has a similar focus, it’s a bad, bad idea!

And here’s why.

No one buys a service or a product. They buy the result. For example, you don’t buy exercise equipment. You buy looking good and feeling great. So, sell the result of investing in your service.

Anyhow, we then dug a little deeper and uncovered a series of similarly untapped, windfall opportunities.

One of them was for me to transform their website into a lead generating machine, by improving their marketing copy. I needed it to make prospects on their site feel massively more curious.

Curious? Why curious, Jim?

Think about it. Every client or customer enquiry you have ever had, or will ever receive, only happened because that person needed to know something. So, if you want your marketing to attract massively more leads, it needs to create more curiosity… and answer fewer questions.

Previously, their website tried to answer as many questions as possible. I rewrote their marketing and made sure it provided just enough information.

Just enough information to inform the prospect and ignite their curiosity.

Just enough information to compel, to motivate and to inspire eager prospects to contact them with a high-quality enquiry.

We wrapped these ideas into a plan, along with half a dozen other tactical improvements. Now we were good to go!

Execute

Oh man! Without doubt, this is the stage that excites me most. This is why I do what I do.

It’s where we execute on the newly-improved marketing and measure the feedback. There’s something wonderful about the energy I get from clients, as they see their business performing the way they always wanted it too. And often far, far better.

Assess. Improve. Execute. Focus like a laser on those 3 steps and watch your business grow.

From? To?

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marketing tip, business journey

Photo: Nick Fewings

Today, I’d like to share a very powerful marketing strategy with you, which few, if any, of your competitors are aware of.

Every business provides a product or a service, which solves a problem for the customer. In order to solve their problem, it needs to create a change. To move the customer from something to something.

For example.

  • From worried to confident.
  • From vulnerable to safe.
  • From broke to wealthy.
  • From discomfort to comfort.
  • From bored to entertained.
  • From struggling to succeeding.
  • From confused to clear.
  • From sad to joyful.
  • From scruffy to glam.
  • From lonely to connected.
  • From loss to gain.
  • From ignorant to informed.
  • From stressed to relaxed.
  • From pessimistic to hopeful.
  • From lost to guided.

Now, here’s the part very few business owners get right.

You need to figure out the change your prospective customers are looking for. Their ‘from what’ and their ‘to what’.

Warning

The biggest danger here is believing the answer is obvious. It almost never is.

Seriously.

For instance, no successful coffee shop focuses on changing you from thirsty to quenched. None of them.

They change you by creating an attractive atmosphere. An atmosphere, where you can go from stressed to relaxed, or from tired to restored, or from lonely to connected, from stuck to creative or from bored to entertained.

The world’s top coffee shops know this. It’s what their marketing focuses on. It’s why we see very little emphasis placed on the coffee beans used, yet huge emphasis placed on the welcoming, positive atmosphere.

Here’s another example.

The world’s most expensive restaurants don’t focus on taking you from feeling hungry to feeling full. You can go down the street and get the same number of calories from a burger joint for pennies. Instead, these restaurants focus on their exclusivity. They take you from feeling normal to feeling like a star.

You get the idea.

Your product or service

Determine what change or changes your prospect is truly looking for.

Focus on the ‘from what’ part. Your marketing message needs to meet them right there. It needs to talk to their current situation. It needs to address the discomfort they’re feeling. This means your message will be on the very same wavelength that they’re on. This dramatically and profoundly increases the sales impact of your marketing

Then focus on the ‘to what’ part. Your marketing needs to illustrate how your product or service transitions them to their end point. To the very thing they desire.

This marketing strategy is designed to directly address the wants or needs of your prospects and position you as the answer. Almost no small business marketing does this and amazingly few medium-sized businesses.

How to create a new, high profit service

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Here’s a tried and tested way to create a new and highly profitable service that will be irresistible to your marketplace.

It’s based on an easy to follow, 3 step formula.

new profitable service

1. Identify their major problem

Identify the biggest challenge facing your clients and prospective clients. If you think you’ve identified it, BUT it isn’t a big enough problem to keep them awake at night, you haven’t found it yet.

So keep looking!

That may sound dramatic, however, there’s a direct link between the size of the problem you solve and the success of your new, high profit service.

2. Create the solution

Create a solution that will overcome the challenge.

Yes, you’ll need to get creative here. If the solution was patently obvious, it wouldn’t have an entire marketplace suffering with it.

Thankfully, big problems don’t always require a big or complex answer. However, the solution to such pressing problems can require some extra creativity.

With that in mind, here are a couple of tips to help you find the answer you need.

  • Look outside your industry for the solution. Problems in one industry (or region / country) have already been solved in others. The most famous example of importing a solution from a totally different industry, is from The Ford Motor Company. They developed the automotive production line, based on how Chicago’s meat-packing plants worked.
  • Ask others for their ideas. By encouraging people you trust to provide their input, you multiply your chances of cracking the problem. It’s possible one of them will figure it out. It’s also possible that one of them could propose a solution that doesn’t work… but which sets you on a new direction that leads to the answer.

And finally.

3. Market your highly profitable new service

Create a marketing strategy that will inform and convince your marketplace, that you have the answer they need.

When marketing your solution to existing clients, you should find a massive level of interest.

Once you’ve provided an extremely valuable service to enough existing clients, the word usually spreads and spreads.

This then leads to a consistent flow of high quality client enquiries. Initially from your local area, then spreading into new locations; opening up an ever-expanding market.

Obviously, if you don’t have any existing and / or former clients, you have a trickier task at hand. Existing clients already know you and trust you. It’s very easy to share an idea with them.

When you’re contacting strangers it’s a very different proposition. There’s no one-size-fits-all marketing approach. The way forward for you will depend on multiple factors. Note: If you’re in this position and want some alternative strategies and ideas, I strongly recommend you read this: 10 Reasons your business isn’t growing and how to fix it.

The most valued service providers are those who solve the biggest, most serious problems, and then market their solution effectively. By using that 3 step formula correctly, you can become amazingly valuable to the market you serve.

People will tell their friends about you.

Your reputation will sky-rocket.

And you’ll attract the very best clients, whilst enjoying the rewards that come from your new, highly profitable service.

The content marketing your prospects want from you

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Marketing, list writing

I regularly write about the importance of creating marketing that’s useful to your prospects. So, here are some specific examples, which you can adapt and apply to your own marketing.

Let’s go.

Their needs and your products or services

Start off by thinking about the services you provide or your product range. Then, consider the following topics or ideas and how you can incorporate them into your content marketing messages.

People have an inbuilt need to feel connected: Share ideas to help your prospects connect with useful contacts. The Wall Street Journal wrote about how I achieved this for one of my clients – 4 Marketing Strategies That Paid Off For Small Companies.

People also have an inbuilt need to belong: Share the opportunity to become part of your community. Lots of content marketing fails to address this. Newsletter creators talk about their ‘list’. Podcasters and Youtubers talk about their ‘subscribers’. These are all self-focused. Instead, do as I have done and build a community.

For example, when one of my community hits reply to my newsletter, they can email me direct. And they always, always get an answer from me. No AI. No automation. Just me. I make it very clear that I’m part of the same community as you… the small business owner community. Your prospects value that kind of connection. They’re less attracted to being part of an impersonal list.

Everyone is trying to succeed at something: Share ideas to help your prospects achieve their targets, goals or dreams. Obviously, as with pretty-much every topic here, if you offer a specific product or service that can help them in this area, incorporate that into the content.

We all need to feel safe and secure: Share ideas to help your prospects reduce risk or feel safer.

Everyone wants to avoid wasting time: Share ideas to help your prospects maximize their time, or help them complete certain tasks faster, etc. I’m not a time management expert, but I’ve shared tons of ideas in this area, based on decades of running a successful business, without working crazy hours. The response is always excellent. So don’t be put off sharing from your experience.

People want to improve and expand their knowledge: Share your industry knowledge, sure. But also share your experience with them. For example, if you’re an accountant, don’t just focus on tax, profit and loss or the latest business news. They can get that anywhere. Tell them the common factors you’ve identified in successful businesses. And the ones you’ve identified in those that flounder or fail.

Your specific experience is extremely valuable. It sets you apart from all your competitors. And in doing so, you make it far easier for prospects to feel a sense of connection with you.

We also want to avoid unnecessary stress: Share ideas to help your prospects feel more relaxed and assured. If there’s a specific product or service you offer, which can assist them with this, incorporate that into the message or idea.

Aim for unmissable

Are any of those topics missing from your content marketing? If they are, look for ways to incorporate them. Because this kind of useful, relevant information is the cornerstone of successful marketing. You’ll know you have the balance right, when your content marketing is so useful that people would miss it if you stopped.

A new beginning or oiling the keys?

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content marketing topics

In business, things have changed more in the past 4 and a half years than they did in the previous 2 decades. The ‘old’ way of marketing, which many have patched up and tried to repair is not fit for purpose in 2024. It’s too irrelevant to be adapted.

It’s like oiling the keys on a typewriter, in an attempt to compete against the productivity of a laptop.

Here’s a proven, vastly better way forward.

Give your marketing a fresh beginning

What I did with massive success for my clients during the pandemic, and have carried forward since, is to start their marketing again. A totally new beginning. I started by asking them to answer the following question.

If you were marketing your business for the first time, based on today’s economic realities and marketplace expectations, what would your marketing need to look like?

By answering that question, you rid yourself of the toxic baggage that’s holding you and your business back. You give yourself the freedom to perfectly match the needs and wants of your prospective clients or customers. You free yourself of the legacy mistakes that are currently working against you.

That type of radical improvement is simply not possible, when all you’re doing is oiling the keys.

Go!

So, go on. Imagine you are marketing your business for the very first time. Take a look at the all-new landscape your business is surrounded by. Now, match your marketing strategy, your marketing tactics, your marketing messages, your promises, your guarantees, etc., so that they’re exactly what your prospective clients want and need.

I can tell you from experience, get this right and the results are spectacular.

Make 2024 your best year ever, even if you’re struggling today

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Business results, reflection, take action

Next week marks the 2nd half of 2024. If you want to finish the year strong, no matter how things are going for you right now, today’s newsletter is exactly what you need.

What follows is based on almost 30 years of experience, helping small business owners achieve their best results. It’s a very straightforward approach. And it works in every industry and profession.

And it starts with us taking a look at how our business has performed over the first half of 2024.

Reflection and action

If we reflect on our progress and discover we’re on course to hit or smash our 2024 targets, we need to take action.

  1. To stay focused.
  2. To persevere.
  3. To carry on doing the right things, correctly.

If we reflect on our progress and it looks like we’re not on course, we need to take action.

  1. To accept the urgency of the situation.
  2. To decide that more of the same is not an option.
  3. To get strategic. Important: Most business owners don’t know what an effective strategy is. Here’s a short, brilliant explainer video, by Professor Roger Martin.
  4. To make better decisions.
  5. To take better actions.
  6. To finish strong and turn things around.

And here’s the GREAT news

Whether we’re on target or off target, we can still make this a very successful year. Equipped with the right strategy and support, our decisions will improve, our actions will improve and our results will improve.

The key is to act. And to act in accordance with the results we’re currently experiencing.

Lots of small business owners get this wrong. Many of those who are off target today, will stay focused, persevere and carry on… with more of the same. They’ll stick with what they’re doing and hope that things will improve.

Over the years, I’ve helped thousands of businesspeople to transform their results. In every case, their turnaround success started after they took that number one step above. They accepted the urgency of their situation, which inspired them to make the required adjustments. 

Yes, I do this same exercise myself

On a personal note, the only reason my own business has been successful over the years, is that I have learned to review my progress, or lack of progress, and then to act accordingly.

If I was using the same approach to my business in 2024 as I was using even a few years ago, my own business would be contracting today.

We all need to reflect on where we are, and then act accordingly. So please take time to see where your business is today, look at its direction of travel, and make the required adjustments.

Photo: Richard Stachmann on Unsplash

Nothing can stop you now. Nothing!

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focused young female student doing homework using netbook sitting near cute cat

Everything you need in order to achieve every goal you have for your business is now available to you. The contacts you need, the clients or customers you need, the financial backing you need, the answers you need, the advice you need… everything.

For example.

More great contacts than you’ll ever need

Thanks to social networks, especially LinkedIn, it’s easier than ever for you to find the exact profile of business contacts you need. But that’s not all. Once you find your ideal contacts, connecting with them is really easy.

The financial cost of all this? Depending on the network you use and approach you use, it’s either free of charge or very inexpensive. What an amazing opportunity.

More clients or customers than you’ll ever need

Not only are there more clients out there than you’ll ever need, there are also more people out there, who already have trusted, direct access to your prospective clients.

Once they recommend you to your prospective clients, a hefty subset will quickly hire you. Far more than you can handle, though. So, only accept enough of them to smash your targets.
Note: I wrote about this at the start of the year, including how it works.

Seriously. Too many clients, too fast, can create big problems.

More financial backing than you’ll ever need

The money is out there and you have multiple ways to access it. Yes, the banks are full of money. The thing is, there are a lot of wealthy people right now, who are getting uninspiring returns on their investments. And a healthy subset of these people are very open to opportunities to invest.

Here’s what I k now about these wealthy investors. They have deep pockets, brave hearts and they’re smart. Smart enough to help you avoid mistakes. In other words, they’ll often invest their knowledge and experience into your business, too. This is often of greater value to you than whatever financial investment they make.

Every answer you’ll ever need

Regardless of what challenges you’re facing, there are people out there with the answers you need. These experienced professionals can save you years of wasted time and years of wasted opportunity. They’re also easier to find and connect with than at any time in history.

And there’s AI. You now have free or low-cost access to AI. So you can find answers and conduct research on just about everything, from the comfort of your preferred device. This is something previous generations were only able to dream about.

But it’s yours. Right here. Right now.

Every challenge now has a solution

Many business owners are unaware just how quickly they can fully-resolve any ongoing, stressful problem. One of the reasons for this, is that they haven’t yet noticed the plethora of solutions at their fingertips. Problems with everything from cash flow, sluggish business growth and lack of investment, to taxes, HR, recruitment and premises issues… just about anything you can think of, are now available to you.

Keep that in mind, if you’re worried about, or frustrated with, tough challenges right now.

Focus on the solutions, my friend. Because the exact answers you need are all around you — you’re swimming in them!

Photo: Sam Lion Pexels.com

10 Proven ways to get free publicity, starting now!

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marketing, free publicity

People will happily share your message for free. Below are 10 proven examples. Look for those that you can adapt, to gain free publicity for your products or services.

  1. If it makes them look clever. This is why social networks are packed with Einstein quotes.
  2. If it makes them look compassionate to their contacts or community.
  3. If by sharing it, they believe they will benefit directly or indirectly.
  4. If they care about you and they believe sharing your message will help you.
  5. If it says something they aren’t brave enough to say for themselves.
  6. If they believe it’s helpful or valuable and that their friends need to know about it. My newsletter is spread by people who find something useful in it, which they want their contacts to benefit from.
  7. If they think it will make them look ahead of the curve or well-informed.
  8. If it’s remarkable. Extremely satisfied customers tell their friends when they receive an amazing service.
  9. If it makes them appear generous to their friends.
  10. If they are part of your community and want others to join them.

Buying or attracting?

As I tell my clients, you can hire salespeople and buy advertising, or you can use a little creativity and build a growing crowd of advocates. That’s a crowd who have the attention and trust of the people they’re sharing your message with.

Trusted people, spreading your message with their friends, for free, is an exceptionally effective way to grow your business.

When was the last time?

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people looking at laptop computer

Photo by Fox on Pexels.com

When was the last time you tested different pricing models?

When was the last time you were contacted by a media outlet, for your professional opinion?

When was the last time you tested a new marketing tactic or strategy?

When was the last time you did something radically different from your competitors?

When was the last time you undertook detailed competitor research, so that you know what you’re actually competing against?

When was the last time you received a great referral from one of your customers?

When was the last time you updated your marketing materials?

When was the last time you took the lead in your industry?

When was the last time you took an idea that’s common and successful in a different industry, and applied it to your business?

When was the last time you seriously challenged one of your long-held business beliefs?

When was the last time you partnered with another business on a project?

When was the last time you updated your business goals and targets?

When was the last time you added a new product or service to your portfolio?

When was the last time you looked for new ways to solve problems, for your customers and prospective customers?

When was the last time you seriously asked yourself, if your business is growing as fast and as profitably as it could be?

When was the last time you saw a significant, sustained increase in profits, and what did you learn from it?

When it’s been too long

If it has been too long since you last did, or experienced, some of the above, now would be a great time to put that right.

Make a list. Then work your way through it. Some of these will be more challenging than others, but all of them are important enough to invest the effort required.

How to turn Free Offers into paying customers

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make free offers work, marketing free offers, freebies
Photo by Bernard Hermant on Unsplash

Yes, free offers can massively increase your sales. But you need to use them correctly in order to get the best possible results.

Let’s go.

There’s a famous saying that tells us, when it comes to business, “There’s no such thing as a free lunch”. We’ve been trained to believe that a freebie is seldom really free.

Why should this matter to you?

Allow me to explain.

Is it a free offer or just a mutual exchange?

I remember visiting a new cafe in my local town. They had signs everywhere offering free WiFi. The guy next to me called one of the staff over. He explained that he wasn’t able to access their free WiFi. He was told that in order to access it, he would need to set up a free account, giving his name, his email address and his postal address. The customer replied, “No way! I thought you said it was free? I already get more than enough spam”.

An awkward conversation followed, with the owner trying to defend their position and the customer saying the free WiFi offer was deliberately misleading. And of course, all this happened in front of the other customers. That negative exchange will have totally changed the customer’s experience.

The impact of a fake free offer will vary from person to person and from situation to situation. But it will be there. And you need to be aware of it, if you refer to mutual exchanges as free offers.

Full disclosure is a must

There is a way to largely mitigate the negative impact of the kind of free offer used by that cafe. It’s all about providing full disclosure. If you want people to take some kind of action in return for the offer, make it clear. If you ask for contact details, let people know why, right there, in the same space where you make the free offer.

People respond a lot better, when you’re being open and honest with them. For example, if you ask for their details, tell them what you intend to do with that information. If you don’t plan to sell their information, or send them ads from 3rd parties, tell them. Tell them that you respect their privacy.

Note: This also applies to online lead generation (or lead gen), where people are asked for their personal details in return for some kind of freebie. And remember that there are regulations governing the way you request, capture and store data, etc. These vary from country to country.

A genuinely free offer

If you make a genuinely free offer, (like the example below) with no strings attached, nothing concealed, it creates a much better impression than the previous examples. It also sets you apart from the masses. People will look for the usual disclaimer, but it won’t be there, because there isn’t anything for you to disclaim. They’ll quickly see that you’re being totally honest with them.

It will instantly improve how they feel about you, your business and the services you provide. It will help you earn their trust. And it will directly, dramatically improve the story they tell their friends.

The deli counter: A great free offer template

If you want a template for the best kind of commercial free offer, look no further than the free samples on a deli counter. It’s simple. And as long as the food is delicious, it’s highly effective. The prospective customer tastes the food ahead of buying it. If they like it enough, they’ll buy it.

Another reason why I chose the deli counter example, is that the profit margins on food are typically hundreds of percent. So the free offer costs the business very, very little. The prospect, however, attaches value based on the retail price.

Your free offers should strive for the same type of balance: A low cost for you to provide it, but a higher perceived value to the prospect.

In short, I recommend you take a structured approach to your use of free offers. Do the research first, based on what your goals are for the offer. Remember that full disclosure is extremely important on many levels. And whenever possible, use that deli counter example as a template.

An important lesson from the last 7 days

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marketing tip, biz dev

Today, I’d like to share a profoundly important marketing and business development idea with you, which is often ignored.

What makes it “profoundly important”? It’s literally (not figuratively) essential if you want to build a successful business and a very bright financial future! That’s why I am also going to show you how to get started.

I need to begin by asking you a question. How many of the marketing or business development tasks you worked on last week, were due last week?

Your answer to that question is important. It’s a great snapshot of how long-term or short-term your current horizon is.

The next 6 months, 12 months and 36+ months

It’s natural to focus on making your next sale or getting your next customer enquiry. It’s really important, too. However, it’s profoundly important to come up for air and look to your future. To work on the foundations of your marketing and business development, which will determine your success over the next 6 months, 12 months and 36+ months.

This might include answering key questions like.

  • How can you greatly increase the number of sales you make, in the next 6 months, 12 months and 36 months or more?
  • And how can you increase the profitability of those sales?
  • What could you be doing in order to significantly improve your customer retention rate and the number of customer referrals you receive?
  • What valuable, new product or service could you be working on, for your current and future customers?
  • Who are the useful people you need to introduce yourself to now, so you’ll have an existing relationship with them in your medium and longer term? There is a direct link between how well connected you are, and how successful your business will be. There’s more information on this here, (in the 3rd marketing tip).

Today’s important tasks absolutely need to be worked on. But the only way to build a spectacularly bright future, is to work today with our future in mind. We need to regularly make time to think, plan and work on our longer-term success.

This means resisting the temptation of being so wrapped up in today’s business challenges, that we have too few foundations in place, for the future success we are capable of achieving.

Plant a seed today

Make time today, even if it’s just 15 or 20 minutes, to advance a business idea you have. In doing this, you’ll be planting a seed for the future success of your business. Then tomorrow, plant, water or feed  another seed. And again the day after.

When harvest time comes, you’ll be very glad you did.

Photo by Stas Knop on Pexels.com

Your customer and your business, are one

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customer focus, focused on customer, us and us

What I am about to share with you is gold dust. And if you take a moment to read it, it can radically improve the success of your business.

It starts with this very simple idea.

You cannot develop greater value for your customer or deliver higher levels of service to your customer, without benefiting from it equally. That’s because your customer, and your business, are one.

Now I’ll explain why.

There’s only us and us

In business, when it comes to the vendor and the customer, there’s no us and them. There’s only us and us. You already know that customers are an essential part of your business. Logically, when you make things better for them, you make them better for your business, too. Your customer, and your business, are one.

A common objection I get when explaining this to business owners, is a version of the following.

But Jim, if I go to that extra effort and expense for my customers, it will cost me in time and money. The customer will benefit, but I’ll lose out.

Here’s where the confusion occurs.

Business owners will look at their current numbers, subtract any extra time or financial investment, and it doesn’t add up. What they’re missing is that their current numbers are a fraction as high, and a fraction as profitable, as they would be with the improved model.

Invest in delighting your customers

How do you switch to the improved model? You do it by developing your business, so that it’s transparently designed to be of massive value to your customers and prospects. I provide lots of useful information in that link, which you’ll find useful.

Here’s what we see from those rare business owners, already embracing this customer-focused attitude.

  • They attract the best customers.
  • They thrive in every economy.
  • They retain existing customers for massively longer.
  • They generate a buzz around their products or services, simply by doing what they do.
  • They never need to sell based on price.
  • They enjoy a hugely valuable profile in their marketplace.
  • They attract high-value opportunities, from brands who want to collaborate with them.
  • They are far more productive.
  • They attract endless word-of-mouth referrals.
  • They truly enjoy every working day, because all of the above things are happening.

All that, and more, can be yours, when you fully embrace the idea that your customer, and your business, are one. You’re then free to grow a high-profit business, doing your best work, for the best customers.

Do this correctly and you’ll be amazed at how quickly, and how dramatically, things improve for you.

You may want to publish your newsletter differently. Here’s why!

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email marketing, newsletters, newsletter marketing

I have an idea to share with you today regarding newsletter marketing. Specifically, how to reach a wider spread of your readership. Just think how that could help you increase your sales or client enquiries.

It starts with an accidental discovery I made years ago, when switching email marketing providers.

People sometimes ask me why I often publish my newsletter on a public holiday or on a Sunday. These are 2 days when far fewer of by readers are likely to be at work or focusing on work. The answer is that I publish when I have something useful to share with you. And I usually write and publish on the same day. That’s it.

I then noticed something extremely interesting when I dug into the email software analytics.

I discovered that my newsletters tend to get a similar open rate on Sundays and public holidays as they do on a regular week day.

However, the mix of readers is very different!

  • Many readers who open 90% or more of my weekday newsletters, seldom open those I send at different times.
  • But readers who seldom open my newsletter on a weekday, are far more likely to open those I send on a Sunday or public holiday.

If you have a set day and time to publish your newsletter, it’s worth testing an alternate day and/or time. It is entirely possible your marketing message will reach a far wider number of your overall readership.

Tip: I wrote this post about how to increase your email marketing open rates that you may find useful.

Photo: Miguel Á. Padriñán Pexels.com

Give yourself a huge competitive advantage… that’s rarely mentioned

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Empathy business, marketing, relationships

Empathy is rarely discussed when people talk about building a successful business. However, empathy is one of the most important components of effective marketing.

Think about it.

  • The vendors you feel closest to are those who understand you.
  • The vendors you value the most are those who appreciate you.
  • The vendors you’re most loyal to are those who take the best care of you.
  • And the vendors you tell your friends about are those who eagerly go the extra mile for you.

Why does this happen?

It happens because business is all about people.

More specifically, it’s about how people feel. That’s because our feelings are what drive the decisions we make, and our decisions are what lead to the actions we take. Feelings are what cause people to hire you, buy from you, trust you, recommend you and remain a loyal client or customer.

You truly care. So don’t keep it a secret

Yes, you care about your clients. And they know it.

But what about your prospective clients? Does your marketing reflect the fact that you’re passionately committed to helping them? If you’re not sure, try this.

Take a look at your most recent marketing or the content on your website, through their eyes. Does it leave the prospect in no doubt that you care about the people your business serves? If not, get to work on it.

A lot is said about the importance of out-smarting our competitors, yet little is ever said about out-caring them. Ironically, one of the smartest things we can do, is to make darn sure that our prospects know how much we care.

Why?

Because very few of your competitors, even those who care a great deal, will make it a core part of their marketing. They just take it for granted that prospects will know.

So, give your business a huge competitive advantage. Make it clear that you genuinely care about the people you serve. It will massively improve the way prospects feel about you. And those feelings are what drive their decisions and their actions.

How to build trust, before a prospect even knows you

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build trust, reliable, content marketing, reliability

Today, I’d like to give you a proven way to build trust from your prospective clients or customers… before they even know you.

Here’s how it works.

When I share this idea with small business owners, I start by asking them to consider a few questions. Here’s what I ask them.

  • If you publish a newsletter, can your readers rely on you to get each edition out on time?
  • If you use social networks for business, can your contacts or followers rely on you to show up regularly with your ideas?
  • If you publish a podcast, can subscribers rely on you to publish on schedule?
  • If you are a blogger, can people rely on you to publish useful posts at least once a month?

Here’s the thing: Content marketing not only allows prospects to discover us and the services or products we provide. It’s also an extremely powerful trust building asset.

What this means for you and your business

By observing your activities, such as those I listed above, your prospects also start to build a wider picture of your business. A picture that shows how committed you are to delivering on time. A picture of your reliability.

By turning up regularly, your marketplace gets to see, for themselves, that you can be depended on. Over time, you’ll also build a strong reputation for consistency. These combine to transform your content marketing into an exceptionally valuable, trust building asset.

Go easy. Don’t overstretch yourself

The easiest way to make this work for you, is to choose just one or two content marketing activities. (I only use two myself). Then, commit to being there when you’re expected. You don’t need to be prolific. A consistent, monthly newsletter is far more effective, than a weekly newsletter, which you just don’t have the time to regularly create and send.

If you do this, then bit by bit, day by day, your prospective clients will come to rely on you.

Just think how valuable that would be for your business. Imagine a marketplace filled with prospective clients who already know you’re reliable and who already trust you. And you can achieve this, without overloading yourself with extra work.

Tip: Here’s how to make your content marketing massively more compelling.

Photo by Tony Schnagl on Pexels.com

Why didn’t I get the contract?

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Why not me?

Thousands of business owners find themselves asking that question every day. They’ve lost out on a big sale, an important contract or massive project and they want to know why. Why didn’t they land it? Why was a competitor chosen instead?

There are a multitude of reasons why they didn’t get chosen.

  • Their proposal was very professional. But someone else’s proposal gave 3 recent, checkable examples of exceptionally high quality work.
  • Their presentation was really good. But the CEO’s best friend personally recommended another provider.
  • Their meeting with the prospective client went well. But their marketing caused the prospect to assume the fee would be lower, so the prospect hired someone cheaper.

It’s natural for our initial reaction, when we miss out on something, to be externally focused. We tend to look for reasons why another person wasn’t smart enough to see how good we are and hire us or buy from us. That’s certainly how I used to think.

But not any more.

Get picked or chosen

Experience has taught me, that it’s a great deal more profitable to look for ways to improve. To focus on how we can do better the next time and massively increase our odds of success. 

We start by replaying every situation where another provider was picked. We then unpack it and look for all possible opportunities to improve.

For example.

  • Could your opening be stronger?
  • Do you check for clarity (often enough) before moving on?
  • Does your proposal, presentation, or sales pitch have maximum impact?
  • And is it memorable?
  • Are there enough trust building assets included — enough reasons for a prospect to trust you?
  • Are you leveraging your contacts?
  • Do your testimonials inspire confidence and desire?
  • Could you improve with expert training?
  • Is your content, proposal, follow-up, etc., professionally written or DIY?

Those are a few of the most obvious places to start looking for ways to improve.

Be an engaged observer

And finally, decide to become an engaged observer. Pay attention to the most effective individuals you encounter, including those who sell their products or services to you or your business. Look for things they do that you can test in your own presentations. Also, look for things they avoid that you can test removing from your presentations. Oh, and when you’re is a situation where someone else is being ‘pitched’ to, observe what you can. 

It’s highly probable that you’re just one or two adjustments away from a significant improvement in your conversion rate. So give it a try.

Photo by Ann H on Pexels.com

Proven ways to boost your sales. Plus examples

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agile marketing, marketing opportunities, small business marketing

Today, many small business owners are prospering like never before. They’ve tapped into an amazing opportunity. I want you and your business to do the same. That’s why I’m going to share one of their secrets with you, along with some examples to help you get started.

So, what’s their secret?

They’re making tweaks or additions to their services, so that what they offer is a superb fit for their prospective clients and existing clients.

What does this look like, Jim?

Well, it depends.

For example, some have developed a new type of service, which has opened up a whole new segment of their marketplace. Others have created add-ons that compliment their current services, which are being purchased by their existing clients. Then there are those who have looked for, and discovered, brand new niches for their current services. I could list dozens and dozens more examples.

My point is that they’re not thriving simply by working harder or working longer hours.

They’re working ON their business, instead. They’re uncovering opportunities that radically increase how attractive and valuable their services are to their prospective clients.

You can do the same for your business.

Spotting and creating new opportunities

Here are some general ideas to get your creativity flowing.

  • Look for new problems or challenges that the current economy is creating for your clients or prospects, which you can solve for them.
  • Explore how services (or products) that you currently provide could be combined, to create a bigger and uniquely valuable new offering.
  • Do your clients or customers tell you that there’s a certain strength you have, which they really value? If there is, look for ways to greatly magnify it. Own it. Make it a unique and valuable feature of hiring you or buying from you.
  • Do some research on the pricing / payment options offered by your competitors. Then consider how you can provide a pricing strategy, which is attractive to you, attractive to your prospects, and unique to your business.
  • Consider great service providers outside your industry. Think about what you like most about their service, then see how that can be incorporated into your own service.
  • Check out the range of services being offered by your competitors. Look for a gap in the market; a service that isn’t being provided, which you can provide and your prospects will love.
  • Look for opportunities to use new technologies, which will give you a competitive advantage in quality, speed, rigour, capacity, scope, reduced overhead, etc. .

I hope you find something here, which inspires you to create opportunities to increase your sales, your revenues and your profits. If you do, don’t just find it interesting. Give it a try. Put it to work in your business.

Build a better contact network, starting now

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building business contacts, better contacts

They say it’s not what you know, but who you know that counts. That’s because knowing the right people is essential for business success. It’s also why you’ll never meet a successful person who hasn’t built an extremely valuable contact network. Today, I want to help you build an equally valuable network of your own. 

It starts with a question: How many business contacts do you have?

You can easily get an approximate figure by adding together your LinkedIn contacts, your social network followers/friends and the contacts in your address book, etc. For some reading this, the number will be in the hundreds. For many it will be in the thousands or tens of thousands. And for others it will be a hundred thousand or more.

Here’s a far more meaningful question: How many business relationships do you have?

Business relationships are harder to count. These are the people you connect with on a deeper level. Not just numbers on the social networks you use. Not just names in your address book, who you have no real history with. 
 

Vanity metrics 

Building more and more contacts can be intoxicating. These contact numbers are often referred to as vanity metricks, because most of the numbers are visible to others, such as our social network contacts, and how many followers or online friends we have.

It’s a way for normal people (like me) to finally be like one of the popular kids at school. Even though we know hardly any of these people, we have the BIG contacts number. Go us!
 

Business relationship building

The number of meaningful business relationships we have is a lot less public than our vanity numbers, but a lot more meaningful and massively more valuable. With this in mind, how much time do you dedicate each day or each week, to building and nurturing business relationships? 

Here’s a tip to help you get started.

I want you to imagine you already had meaningful relationships, with 6 people who are useful and/or influential. Now write those 6 names down. Next, take time over the coming week to learn a little about them and how to get in contact with them. Finally, get in touch with each one, introducing yourself and letting them know how YOU can assist THEM.

[Important] Read this: Bring your seed, not your need.

The number of positive replies you receive will depend on lots of factors. This includes things like, how useful your assistance is to the other person, how effective your initial introduction is, how interesting you make yourself sound, and even how good your timing is, etc.

But if you stick with it, always seeking to improve your approach, you will find yourself building extremely useful, mutually beneficial business relationships, with amazing people.

Plus, they’ll get to see just how awesome you are, and introduce you to their contacts. 

They know they need it. So why aren’t they buying?

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marketing, sales motivation

It’s so frustrating. A prospect has seen your marketing. They’ve spoken with you and had all their questions answered. They admit that they genuinely need what you’re offering. However, they still don’t make the purchase.

Typically in this situation, the temptation is to provide additional reasons why it’s exactly what they need. But that’s not what’s stopping them. When the prospect tells you they need what you’re offering, what’s stopping them from buying is that they’re not ready to buy.

At this point, you need to switch your focus away from the benefits of the product or service. Instead, focus on uncovering why the prospect is not ready. There’s always a reason. And it’s usually extremely easy to overcome. Tip: A great place to start is simply by asking them.

So take a little time to find out why they’re not ready. Then remove the barrier. When you do, you’ll make the sale.