Tag Archives: marketing

4 More Sneaky Tricks That Influence Your Decisions

mind-control

1. Blatant Indicators of Positive Reputation Beat Subtle Luxury

Consider a face-off between the Toyota Prius and… a stylish Lexus.

Even Lucifer Himself couldn’t make me drive a dorky Prius.

But a recent split-test between these 2 cars revealed that when shopping in public, people are willing to spend more on a product they don’t really want as long as it makes them look like positive contributors to the greater good of society.

When the whole world’s looking (and can see the “green” eco-conscious logo) people buy the doe-eyed Prius. Then as you lock ‘em up in a room with no one to judge, they turn into me… a shameless consumer of pretentious luxury. The heated steering wheel. The baby seal skin leather seats. Plumes of toxic exhaust from a rumbling engine. Sickeningly delicious cheeseburgers in non-biodegradable containers.

Oh yes. We consumers are a dastardly lot.

And for the same reason, this is why clothes and other products with big, blatant logos sell better than those with more concealed identities:

Louis Vuitton’s classic “LV” on their bags. Abercrombie & Fitch’s garish tags. Polo Ralph Lauren’s pony. Apple’s glowing chrome apple.

People seek out the brands that best display their own particular set of personality traits. Regardless of what “flavor of the month” personality analysis books you may have read (not your fault, publishers barf up more of them than any sane person can handle), all human traits can be summed up as a measure of these 6 characteristics:

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The Big Money Secret People Will Kill You For

Dean Kamen spent 10 years of life and $100,000,000 developing the Segway, a gyroscopically balanced transportation device.

Investors predicted it would crush golf carts, wipe out global warming, and render cars obsolete in big cities. It was hyped through the roof as some kind of “mystery transportation device” that would “revolutionize how we travel.”

They invested in factories to crank out 480,000 Segways per year to make way for what would surely be an explosive phenomenon.

Personally I too was excited at the time, thinking someone had at long last invented the hover board from one of my favorite movies, Back To The Future 2.

Imagine my complete disappointment when, in 2001, the Segway was released… to the thrill of no one. Consumers took one look at it and yawned. It was nothing more than a $3,000 glorified scooter… and one that made you look like a total dork at that.

Eight years later now in 2009, sales just passed 50,000… TOTAL. It’s target customers are fat mall cops.

(Since then, Dean has moved on, working to invent a water purifier that runs on bull shit… literally.)

I mention this catastrophic failure because it demonstrates in gory detail THE biggest money secret of all time.

…A secret so valuable that once you truly figure it out and put it to work, you will be envied… you will be hated… and men and women from all walks of life may even seek to murder you for it.

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46 Persuasion Tricks

persuasionHave you ever read a great book that could’ve been written with the same amount of punch (or better) in only a few pages?

I run across books like this all the time. Most of them are too wordy or take too long to cut to the heart of the matter.

Authors (especially mainstream authors who depend on large volume sales via Amazon.com, Barnes & Noble, Borders, airports, etc.) usually fluff up their content by a couple hundred pages for 2 reasons:

1. To make themselves look smarter, more authoritative.

and…

2. Because most people (a.k.a. the mindless mainstream) don’t like to pay $30, $17, or even $12 for a 15 page book.

Hand the mainstream buyer a few power-packed pages loaded down with money-making meat they can fire up immediately and most will balk at the price. Nevermind whether those 15 pages are worth 200 times what you’re asking or not. They’d ship it back and pound their fists for a refund at once. Truth be damned.

Why?

Because in the hands of a loser, the Keys to the Kingdom are
just another set of keys collecting dust on a rusty ring.

One book I read recently did an unusually good job at keeping things pithy. It was a book on persuasion and any one of it’s lessons could net you some serious dough, and possibly even change your life forever.

(Aside: Hmm… there’s that oft-worn phrase “change your life” – we hear it so much these days it’s nearly lost all meaning. And when we do associate it, it’s usually with a positive thing like making more money or finding a lover. But what if I came over to your house right now where you’re sitting at your computer and chopped off your left foot? Would that “change your life” forever? Exactly. And what about the words that motivated me to do such a thing? Don’t underestimate the power of the persuasive word or the small change. People are irrational, yes. But predictably so.)

So here are…

46 Pithy Persuasion Tricks
(use them ethically, and… at your own risk!)

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Testing & Tracking Your Advertising: Website Metrics

This is core to your success, especially online where there’s no excuse not to track everything down to the penny.

You need to always be well aware what ad campaigns are pulling in the best return on your investment.

There are several key metrics to doing that:

Cost Per Lead – often, this means how much did you spend to get one name and e-mail address from one person? Let’s say you spent $100 to get search engine traffic to go to a certain page on your website designed to ask them for their name and e-mail address to sign up for your newsletter. Now let’s say that $100 brings 200 people to your site, which is a cost of 50 cents per click. Out of those 200 people, let’s say 10 of them decide to take you up on the offer, which is a conversion rate of 5%. In the situation I just described, your total Cost Per Lead would be $10 because you spent a total of $100 to get 10 signups.

Cost Per Sale – More important than Cost Per Lead is your Cost Per Sale. This is how much you had to spend to get someone to open their wallet and actually purchase something from you. Continuing from the example above, let’s say that out of those 10 newsletter subscribers, 4 of them end up buying your new book for $30 a piece – a conversion rate of 40%, which brings in a total revenue of $120. Since your newsletter was an e-mail that (for all intents and purposes) was free for you to send out, your only real expense here is the time it took for you to write the e-mails, your credit card processing fees, and of course the raw cost to produce the book. But let’s keep it simple and say that your cost in this case was simply $2 per book including shipping. Now you’ve still spent the $100 in advertising costs to get the 10 subscribers, and now you have an additional cost of $8 to fulfill the 4 books that were ordered. Your total investment so far was $108 and you managed to bring in $120, leaving you with a whopping $12 profit. Whoopty-doo, eh? Well, not quite. Because next let’s talk about…

Lifetime Customer Value – this is the most important metric of all. The reason why the above example isn’t too bad (and actually is pretty darn good) is because what if, out of those 4 new buyers, 2 of them go on to purchase your more expensive personal coaching program for $2000? That initial cost of $108 has now yielded several thousand dollars in revenue. I ask you: if there were an ATM machine you could go to and for every $108 you fed into it, it spit out $3500 to $4000 back – how many times would you feed it the $108? Now you can easily see how this changes the math considerably and why it’s a good idea to always take into account lifetime customer value before being too rash about your advertising expenditure. In fact, many businesses view the first sale as merely a cost of doing business and are more than happy to break even (or sometimes even lose money) on the front end in order to acquire more subscribers and customers, and make up for all the expense by marketing over and over to the same highly interested, highly qualified group of people.

So if you sell a front end product for $50, what’s the most you should be willing to pay to get a buyer and still be safe?

Answer: $50 (for simplicity’s sake, I’m ignoring costs like credit card transaction fees, etc… and besides, if you need to take such small things into account to be profitable, the venture’s not worth pursuing anyway)

Obviously we’ll always try to make as much of a profit as we can on the front end. But for the most part, think of your front end process as “buying a customer.” Because once you grab that name and address out of the ether, they’re yours to protect, nurture, and cultivate until they either buy, die, or tell you to stop communicating with them.

That’s how the game is played. And knowing your math is key to your survival and your success.

So you need ways of tracking ALL this stuff automatically.

First, this means installing web analytics software on your website. The one I use is the excellent Google Analytics, which is available at http://analytics.google.com for free. They give away what would normally be an expensive software package because they want to increase the number of likely advertisers on their Google Adwords search advertising system.

Second, this means setting up a Google Adwords account and also using their “Website Optimizer” software. This will allow you to test the conversion rates of different key pages on your site and compare the results to multiple versions of the same page so that you can drop the poor performers and continually improve the winners. You must always be constantly improving the conversion performance of your site. (Example: How might our hypothetical example above change if our front end conversion rate doubled and instead of 10 newsletter signups from $100, we now found a way to get 20? The profit numbers are staggering.)

But until now I’ve left out one important part of the profit equation: the source of the website visitor. Where did they come from? Different visitors coming to your website from different sources will behave completely differently and therefore give you wildly different numbers.

Sam coming to you from Google where he typed in “real estate investment course” is going to behave completely different from Mark who came from a banner ad on a gold bullion investment website, who will be different still from Harry who came in off of Yahoo because he typed in “investment advice.”

Each of these 3 guys came from different locations with different mindsets about investing and saw different versions of your ad copy (at least I hope so) before clicking. Getting each one of them to sign up for your investment newsletter is going to require a slightly different approach in what you say to them and how you say it. This probably means sending each one of them to 3 separate pages on your site, each having a different pitch to sign up for your free newsletter. Each mini-pitch will cater to a different set of beliefs and desires – maybe even make different promises of benefits.

This is only the beginning of how you need to think about your web marketing.

All of your keyword advertising needs to be tracked down to the exact phrase and the exact source. Your banner ads on other sites, your promotional e-mails you send out, your website’s most (and least) popular pages – everything – must be tracked so you can be continually improving what’s working, dropping what’s not working, and ignoring everything else.

Each day you’re not testing something new, your sales process gets a tad bit weaker and your business dies a tiny bit. You can go like that for awhile, but sooner or later, even the best ads tire out and even the best websites get old and stale. You’re either growing or you’re dying; there’s no middle ground.

Everything matters on your website; color matters, what you say and how you say it matters, your choice in graphics matter.

Examples of small tests done to different websites that dramatically improved sales:

1. Calling a group of your products “Best sellers” or calling them “Most popular”? Most people don’t like the idea of being “sold” and saying that something is popular implies that “if everybody else is doing it, it must be good” – so “most popular” won by a longshot.

2. On one of my websites, I labeled a section of things I didn’t want people to miss “Must Reads”, then later changed it to “Top Secret” – reading implies work and a lot of people don’t like to work. However, people do like to discover secrets and forbidden things, so Top Secret won by leaps and bounds. Also, you should know that “discovering” implies the answers are already there waiting for them, they merely have to open up the treasure chest and take a look. But learning and studying means lots of work.

3. Saying that a group of products “Start at $50” or are “As low as $50” – well, if something “starts at $50”, you can bet the price can only go up from there. But if its as low as $50, that just has a more pleasant ring to it. Easier on the wallet.

4. “Shop for lava lamps” or “catalog of lava lamps”? A “catalog of” something is passive and boring, while a lot of people associate shopping with a degree of fun and excitement. To shop is also an action verb, which helps too. Anytime you can give your visitor a direct command without sounding threatening is a good thing. (By the way, “shopping” is different than being “sold” something. The seller is in control of selling, while the buyer is in control when shopping. A very subtle but important distinction there.)

5. In one of my marketing pieces I tested calling my prospects “travelers” versus “tourists” – well, everybody knows that a “traveler” is a sophisticated citizen of the world; a person admired and respected by his peers… while a “tourist” waits in line at the claims office and gets mugged immediately after setting foot on the beach. Nobody wants to be a tourist.

6. I once tested the “Hacker Safe” logo versus the Better Business Bureau logo on one of my sites for credibility purposes. Now this was shocker; more than 51% of the site’s visitors responded more favorably to the Hacker Safe logo than the long established reputation of the BBB. When I examined further into this, I discovered something I hadn’t known before; in study after study, a surprising number of people in the United States really have no idea what the BBB is or what they do. On the other hand, with “Hacker Safe” you don’t even really have to know what they are in order to understand… it’s all right there in the name.

7. I’ve tested this on my order forms: big red ugly arrows next to my submit button or just the normal button and no arrows? Time after time, I’m learning that ugly has an appropriate time and place. In many cases, arrows improve conversion. Even different colors of arrows will yield varying results. Yellow and blue tends to make people more anxious and click, while red tends to stop them in their tracks and linger awhile. That’s why I often use a dark red in my headlines and blue and yellow order buttons with big ugly arrows pointing to them. Work a heckuva lot better with them than without.

8. Saying “We ship worldwide” on your site versus putting a string of little multi-national flags along the top? Yup, the flags increased conversion and stopped people from calling to ask “Hey do you guys ship to …” And yes, even though it says something very clearly on your site, you’ll still get people e-mailing and calling you asking about it anyway. That’s just how some people are.

9. Using audio and/or video on your site also usually increases conversion. Remember when doing audio or video that the same AIDA rules STILL apply. You need to use the audio and video to supplement your text sales message, not replace it entirely. Another clever use of video would be showing them exactly what will happen after they order. This gives them a “behind the scenes” look at things without making an up-front commitment.

10. Testimonials – use them often and sprinkle them everywhere you can. Make them as believable and “real” as possible. No “M.H. from Missouri” – say “Mark Hardy, construction worker from St. Louis, Missouri working for Hogan Construction. Then provide a picture, text of his testimonial and if possible even an audio clip of him expanding and elaborating on what the text portion says. Ideally, if you wanted the best kind of testimonial possible, you’d use a video of the guy speaking directly to the prospect via the camera about how great your product is and how much it helped him get over his back problems, make more money, etc etc.

11. Header graphics – always make sure the content of your website begins well “above the fold” (well within the dimensions of the computer screen) and as far up to the beginning of the page as possible. Where a lot of sites go wrong here is by having huge fancy “professional looking” header graphics that not only do not communicate value to the prospect, but also consume valuable website real estate that could be put to work for you in far better ways. On checkout processes, you need to get even more strict with this, sometimes eliminate the header graphic or navigation system of your site completely. Let nothing distract your visitor at the moment of truth when they’re about to give you their credit card number. While you’re at it, you need to remind your dear customer-to-be that her purchase today is protected by secure 128-bit military grade data encryption – the same kind sites like Amazon.com and eBay use. Actually, all sites use 128 bit encryption, but don’t count on your prospects to know that. Most people have no clue about that stuff.

12. Photos – I’ve talked about stock photography in a previous post, but it bears repeating in this one. My personal take is: don’t use it. Ever. Even if your alternative is badly lit, out of focus shots of relatively ugly people, my own personal tests have proven to me over and over again to always opt for highly realistic, believable photos over the clear, crisp “too perfect to be real” fakeness of stock. Not only is it cheaper for you to pull off, but it generates far more attention and commands unparalleled believability among your prospects. Highly realistic photography was my dirty little secret weapon as an eBay PowerSeller for years; while my competitors used stock photos from the manufacturer’s website, took my own photo of the machine running on my bedroom floor with a ruler in front to demonstrate the size of the product. As a result (and combined with a few other secrets), my listings got far more views and far more sales than any other guy selling the exact same product. I was believed and trusted. The others created doubt… and doubt kills a sale.

People buy for their own reasons. As marketers, it’s up to us to figure out what those reasons are, understand them, and then communicate how we provide the answer through our offering. Not everybody gets it right immediately and different appeals are needed for different people.

That’s why we must test. It is our duty to our customers to give them precisely what they want. And in doing so, we make them happier, and they make us happier by giving us more money more often.


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Copywriting With Personality: Your Key To Longevity In The Market

Personality is one of the major things missing from most marketing. And it’s one of the major hidden strengths I rely on whenever I’m entering a new market heavy with competition and want to dominate quickly (which is always.)

Most businesses make the mistake of thinking using any kind of real personality in their marketing is “unprofessional” or some other such nonsense.

That kind of thinking will get you burned at the stake if you ever go up against someone making good use of it.

In the long term, after all your best customers have purchased most of what you have to offer, the ONE THING that’ll keep them coming back to you – even if you have higher prices than average and your offerings have become more commoditized over the years – is your personality.

They like it. They need it. They want more and more of it. Your relationship with your market will be like an on-going fascinating novel, delivered to them in bit pieces, each one making them eagerly look forward to the next installment… but ONLY if you do it right.

Think of your ideal prospect or best customer as a single person representative of your whole market as much as possible. (The better you know who your customer is, the better you’ll be able to develop a business personality they’ll want to cling to.)

Now think of your business as a person, with thoughts, feelings, loves, hates, fears, super-powers, and yes, even weaknesses. If you’re the owner of the business and lead even somewhat of an interesting life, make your business “avatar” an exaggerated version of your own personality for the purpose of having a “voice” to use whenever you write marketing copy for your customers and prospects.

Your business avatar needs to be just like a real person. You need to be strongly FOR certain things and strongly AGAINST others. You need to love some things with a passion and despise others with a vengeance. You need to be a champion for your customer, someone out there fighting for your customer daily, reporting back occasionally with the next interesting bit of news.

If you’ve ever read a J. Peterman catalog, they do an excellent job of giving the reader something to look forward to with each catalog issue as well as injecting passion and romance into such seemingly ordinary products as wallets, shirts, and travel bags.

Part of this structured personality-based communication is similar to the ability to write good prolonged fiction. The Travis McGee series of books is a perfect example of long, compelling fiction spanning around 18 books and 20 years of “loyal customers” (readers) for life. These fans never stopped reading because the books were “too long” or the message “too boring.” The closer you can get to your own style of romance and intrigue, the more people you will hook, and therefore the more you will sell.

Yes, you may very well offend some people. And in fact, its usually good if you do. It means you’re on the right track of creating a business personality that STANDS for something instead of existing as just another faceless entity in the crowd of competitors. Ironically, by turning away certain types of customers, you will more fiercely attract others you never would’ve been able to hold for very long otherwise.

Much like a good body of series fiction, your business story needs to contain the elements of plot, characters, ideas, and adventures. These will be delivered out to your customers and prospects in small doses via your newsletters, continuity products, word-of-mouth, events/seminars/speeches, and via other industry leaders, thus building your “legend” over time.

Key Elements of Your Business Story

1. The Guru, Hero, or Leader – Your avatar needs a story of origin, a reason why you came into being in your particular market. In the health market I mentioned earlier, my story is centered around the fact I got a particular disease and since I had very little money at the time and no health insurance, I decided to go out and find a cure on my own. The story goes on about how hard I studied, researched, and tested until I finally found the elusive solution. Now I’ve packaged it into a special report I’m offering to the customer to save them all the time and expense I had to go through to find it. Bingo, instant dramatized sales story.

2. The “Parables” – Stories you tell your customers about yourself that teach lessons and build your credibility and competence in their minds.

3. The “Miracles” – Incredible things you’re known for making happen that hardly anyone else (or perhaps NO ONE else) can do.

4. Insider language or ritual – Think Starbucks’ “Venti Mocha Whatever” kind of products that actually require the customer to, in a sense, learn a new language. You need to have terms and phrases that are only understood by you and your market so that there’s a clear “inside” and “outside” to your company. Outsiders always want to be on the inside and insiders never want to be left in the cold.

5. The Dogma – Your personality’s fundamental core beliefs and value system. Your personal “rules” and code of ethics. What you will and will never do.

6. The Enemies – Like I said before, you must stand FOR something, and AGAINST something. Take stances and make certain decisions. Honestly admit mistakes and “fight the good fight.” This is especially easy to illustrate in the health market where oftentimes the common enemy shared between you and your prospects are either doctors or Big Pharma.

7. The Testimony – Social proof that your “miracles” really do happen and that your “dogma” is really the way to go.

Consider this: who do you think about if I were to mention…

  • “Shaken, not stirred.”
  • License to kill
  • British MI6
  • 007
  • Walther PPK

Obviously, I’m referring to James Bond. But why did you know that? Was it a coincidence? Or did the creators of James Bond MAKE SURE you knew it?

Ahh, now we’re getting somewhere.

Ideally, you need to develop a business personality so compelling and recognizable that you can say just a few key words and people instantly “get it.”

Character Types That Have Proven Longevity In Business

1. The stern, but loving parent – curmudgeon
2. The patient teacher – philosopher
3. The dysfunctional eccentric genius – adventurer
4. The “everyman” – inspirational leader
5. The mystical seer – secret processes, language, and code

People want to read about the exceptional. And while you or I may not be exactly super-hero material, we can still craft exaggerated versions of our everyday selves that will be seen as exceptional to our customers and prospects. We will be more exceptional then our “real life” selves, but not entirely fictional either.

You need to identify and magnify your own special abilities. What are you good at that mystifies most people?

Even if you’re an auto mechanic or someone who sells handbags at an online store, you can still apply all of this to your business. You don’t have to be fighting government goons and dodging bullets for this to really be put to work for you.

As a copywriter, this is part of what I help people put together, along with all the other stuff we’ve been talking about.

You need to look at yourself and…

  • accentuate your positives
  • exaggerate your personality
  • sharpen your voice
  • …and embellish your heroics

You need to be a likable character. Obviously, a likable character is one who does likable things. (Why do you think every president has a dog or cat? Not a big thing, but it helps.) You need to do favors for people. You need to be witty in conversation. Don’t be selfish. Have an expansive view of life. Don’t take yourself too seriously. And be self-deprecating, but still confident.

You need to be the exceptional character… but with flaws. Be someone who overcomes obstacles and tells others how to not make the same mistakes.

Your character needs to be emotionally complex. An interesting character is not wholly agreeable to the audience. The audience will not agree with everything you represent or champion. At times, they will even struggle to reach agreement. You need to keep your customers and prospects guessing “What will he/she do next?”

For your customers and prospects to get and maintain interest for you, you must become a real person to them. Real people have flaws and are works in progress. None of us are perfect. From time to time we do make mistakes. This should be no different with our business avatars. No one wants to read about a perfect character.

Sherlock Holmes has endured for well over 100 years because Sir Arthur Conan Doyle understood he could not be perfect. While Sherlock has perfect intellect, he’s an emotional black hole incapable of a sustained relationship with anyone other than Dr. Watson, and on top of that, he abuses drugs.

You sustain an audiences interest over time to the extent you are willing to let them look into your personal life.

If people get to know you well enough and begin to look you up on the internet, do searches on your past history, etc… they’re going to find out something sooner or later anyway… so why not just come clean and admit certain key things in your marketing? The benefits will be two-fold:

1. You’ll get the chance to tell YOUR side of the story and spin it the way you want it to sound. And…
2. You’ll gain even more credibility in the long run for admitting to past mistakes.

For example, if you were selling books on how to get rich in real estate, it would probably be a good idea if YOU went ahead and exposed any past bankruptcies, divorces, or personal insecurities to your market rather than keeping them hidden.

Why?

Because they’re true things that really happened to you that you can use to enhance your “realism” to the market and more tightly bond with your customers and prospects, many of whom have likely been through the same hardships themselves.

Also, if anyone ever tries to “expose” you for being some kind of phony (any time you become successful, there are always people who want to see you crash and burn), it’ll be impossible for them to dig up any dirt that you haven’t already “exposed” yourself. You win no matter what and become immune to their jealousy.

As I’ve said before, you need to have a backstory. How did you come into being in this business? How did you get to be who you are today? What do you do what you do, and believe what you believe? This is your mythology, your legend, your life story summarized. It must be told again and again, endlessly and in different ways. It must be woven into even your newest presentations in new ways, always used as a foundation.

Next, what is your character’s context? What enemies do you battle (and conquer?) Under what circumstances do you operate? What kind of people do you interact with? Where do you travel, where do you live? What kind of adventures do you engage in?

In one of the websites I run, my business avatar does battle against the IRS and other “unfair bully” government agencies. He constantly deals with going against the grain on “normal thinking” when it comes to making money with investments and protecting your existing wealth. He hob-nobs with some of the most brutal and influential business men in the world (who wish to protect their anonymity), travels to exotic islands and distant countries in search of opportunity for his customers, and while doing so has little side-adventures with various women, corrupt government officials and sleazy merchants.

And you know what? It’s all TRUE… just exaggerated for the benefit of the reader. To keep them engaged in my sales messages so that they look FORWARD to the next one (oh boy, what in the world is he up to this time?)  instead of dreading them (oh geez, not another message from this guy…delete)

Do you see how this can impact your sales? Do you see how this can keep customers for life, buying from you over and over?

You also need to have parables – an ever-growing inventory of stories about your character you tell over and over to illustrate your key ideas, teachings, beliefs, etc.

Your stories must always have a point to them and arrive at that point clearly and concisely. Get used to telling your stories because you’ll need them again every time you send out a new marketing piece to attract new customers.

Always keep selling yourself, your ideas, the value you deliver, your viewpoints, your philosophy, and all the other things that bond you to your market.


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