Year: 2018

S2E3 – How to Create Your Referral System

In this episode I share practical strategies, tactics, and systems that you can use to ramp up your referral generation!

A Personal Update

A personal update…
 
After seven AWESOME years building Spotlight Branding, it’s time for a new chapter in my life. I’ve officially sold my share of the company to Marc Cerniglia, my partner since day one.
 
It’s been an amazing journey. We started the business in late 2011, from a spare bedroom in my apartment, and it was just the two of us for the first few years. We had all the energy and passion in the world but very little idea what we were doing 🙂
 
Seven years later, thanks to great mentors, amazing clients, a whole lot of hard work and sleepless nights, and a little bit of luck, we’ve built a business that broke seven-figures in revenue, continues to grow rapidly, employs nearly a dozen full-time team members, and serves amazing clients in 30 states and counting. It’s been a genuinely amazing experience and I wouldn’t trade it for anything.
 
Now, I’m excited to pursue some new passions. My immediate focus is a new venture called Marketing Simplified.
 
In a nutshell, I believe that marketing shouldn’t be a mystery. There are so many businesses out there, delivering amazing products and services, but STUCK and unable to grow to their full potential. And it’s because they’ve never been able to figure out how to create a marketing system that fuels their growth. I want to help other business owners achieve the success that we were able to create with Spotlight Branding.
 
I’m doing that in a few different ways.
 
First, I’m excited to share that I’ve just finished my first book, titled Marketing Simplified. It’s available via Amazon Prime – click here to learn more!
 
I’ve also launched a new podcast, called the Marketing Simplified Podcast, which is available on iTunes, Spotify, Google Play, and just about everywhere else podcasts can be found.
 
I’ve begun speaking quite often this year, and I’ll hopefully be doing much more in 2019. I’m kicking things off with a really cool event in 2019, we’re calling it the LKN Ultimate Marketing Summit.
 
And finally, I’m working directly with a small number of private clients – business owners who are serious about taking their business to the next level and who understand that marketing SYSTEMS are the key to unlocking their growth. We’ve already begun to see some amazing results and I’m really pumped and grateful for the opportunity to work with some amazing entrepreneurs.
 
So that’s what’s next for me – thanks for your support! 
 

Action Tip: Audit Your Referral Strategy

How well is your referral strategy working? In this episode I’ll help you spot opportunities to improve.

S2E2- The Key Ingredients of a Referral

The first step to generating more referrals is understanding exactly what creates a referral opportunity in the first place!

Why You Have an Obligation to Market

Some business owners are squeamish about marketing. They view it as disreputable or even unethical. This mindset will hold you back.

If you feel uncomfortable, embarrassed, or ashamed when it comes to marketing and selling your products and services, you won’t succeed.

Let’s start here: Do you believe that your product or your service is legitimately valuable? That what you’re selling is making the world a better place, even if it’s in a very small way?

If not – you shouldn’t be reading this blog right now, you’ve got bigger problems to solve.

But if you do believe that you’re selling something of value, then you have an obligation to market it boldly and well.

You’re providing products and services that add value to people’s lives.

You’re earning an income for yourself and your family.

You’re creating jobs and opportunity for your employees and vendors.

You’re creating tax revenue for your local community, your state, and your country.

Your business is making the world a better place.

Business isn’t a zero-sum game. When you make a sale, you’re winning, but the person on the other end of the transaction is winning too.

You have to be clear on this. Don’t let doubt, hesitation, or fear hold you back!

Action Tip: Perfect Your Magic Statement

Your “magic statement” is a critical part of your referral strategy. In this episode I’ll show you how to perfect yours!

S2E1- Why Referrals Are the Best Way to Grow

We kick off Season Two with a discussion of why the best clients and customers come via referral.

Snail Mail Isn’t Dead

I built a million-dollar online branding agency. And you don’t need me to tell you that we live in an increasingly digital world.

So you may be surprised to learn that some of the most effective marketing I’ve developed involved physical, old-school snail-mail.

There are a few different reasons why “old-fashioned” snail mail still works well.

First, we’re over-saturated with digital marketing. Email, social media, search engines, re-targeting – it’s pretty much impossible to get online without finding yourself bombarded by advertisers.

As a result, engagement is declining. Email open rates and click-through rates are trending downward. Cost-Per-Engagement on most forms of online marketing are increasing. For example, the cost to generate a lead using Google AdWords has skyrocketed over the past ten years. It’s still a profitable channel for many businesses, but not nearly as profitable as it was in the early days.

Second, and this is probably a side-effect of digital oversaturation, people seem to gravitate and appreciate real, physical, tangible marketing more today. Handwritten notes stand out. Real-world events, which create a real sense of community and person-to-person interaction, are more popular than they’ve ever been. That’s one major reason I believe that “snail mail” is making a comeback.

Five Direct-Mail Lessons I’ve Learned the Hard Way

Who you’re mailing to is much more important that what you’re mailing. It doesn’t matter how brilliant your mail campaign is – if it’s going out to the wrong target audience, it’s going to flop. So it’s very important that you’re sending it to the right list.

There are a few different ways to go about this. The most common is hiring a list broker or a specialist to find a list for you, matching your target market as closely as possible. If you’re going this route, it’s important to work with an expert that you trust, because again, mailing to the wrong list is a waste of money.

Second, and this is my preference, is mailing to a list that you’ve built yourself. At Spotlight Branding, I built a list of thousands of solo lawyer mailing addresses over just a couple of years. I did this primarily by using funnels – basically, by offering to send them an amazing free resource through the mail. Once we capture the mailing address, we add it to our list for future mailings. This is my preferred way to build a list because you maintain total control of the process, and you guarantee that the people you’re mailing to have already expressed an interest in your business and your products or services.

But building your own list does require time and effort, so if you decide to use a list that someone else has created, I can’t fault you for that. But it’s critical that you work with a pro that you can trust. You get what you pay for, and it’s worth spending a bit more money to ensure that your message reaches the right people.

Always make a specific offer and create a clear course of action. This is an easy mistake to make. The temptation for most business owners is to include a whole bunch of information and a bunch of “action steps” for recipients to take. Visit our website, call us, ‘Like’ us on Facebook, etc.

Instead, your marketing should include a specific offer – i.e., a free copy of an exclusive report – and a clear way to act on the offer. That could mean calling you on the phone, visiting a landing page on the internet, or showing up at your location. Make it as simple, direct, and easy to follow as possible.

Create urgency. It’s hard to motivate people to take action. By nature, humans are set in our ways and prefer the status quo to making changes. So in order to motivate someone to respond to your direct mail advertising, you have to create compelling reasons for them to act, and you have to create urgency to make them act now. Because if they don’t act now, they’re not going to act later.

Typically, the best way to do this is to make a compelling offer tied to a deadline. And you don’t want the deadline to be a long time off – you don’t the recipient thinking that they have plenty of time to act. Another easy way to accomplish this is to provide a limited quantity of whatever you’re offering – only the first 100 people to respond are eligible, for example.

Don’t let your mail go straight to the wastebasket. When you go to your mailbox each day, what’s the first thing you do? You sort it, right? You throw out the obvious “junk mail” and open the rest.

Well, you absolutely, positively, can’t have your mailings sorted as trash and thrown out.

Postcards are one easy way around this problem. Skip the envelope altogether and make your most compelling offer right away.

Otherwise, you need to get creative with your packaging. One way to do this is to include something with some texture inside your envelope, in addition to the letter itself. I’ve included two-packs of Advil (“Bad marketing gives you a headache,”) small plastic bags full of shredded money purchased from the US mint (“Stop wasting money on marketing that doesn’t work,”) among other things. Check out LumpyMail.com for more ideas.

One of my favorite campaigns involved mailing a full-size poster in a cylindrical cardboard package. The poster was entitled “Ten Ways to Create More Referrals for Your Law Practice” and in addition to the poster itself, I included a sales letter with a strong offer. I guarantee you, 100% of those packages got opened, simply because nobody is going to throw that away without looking at it first. Now, I doubt that anybody put the poster up on their wall, but that wasn’t the point. I was successful in making sure that my message got delivered, and we had a great response rate from the campaign.

Create sequences, not one-off mailings. I found that results were significantly better when we sent our mailings in a sequence, including 2-4 mailings spaced out by about 5 days. Remember, it takes multiple touchpoints to create action in most cases. So your first mailing, no matter how strong it is, is going to be ignored by many recipients. But when the second, third, and fourth mailing show up in their box, they’re going to be more receptive.

As an example, I sent a sequence that began with a strong, oversized postcard. It was followed 5 days later by the poster I mentioned above. 5 days later, another postcard. 5 days after that, a sales letter with some sort of bulky insert to ensure that the envelope got opened. This performed much better than one-off mailings.

For Best Results, Integrate Other Marketing and Sales Channels Into Your Mailing Sequence

In my experience, mail campaigns work best when integrated with other channels as well. Specifically, I’ve used email and phone calls from our sales team effectively. The key is to build a sequence where every step is choreographed and timed.

As an example:

Day One: Postcard Arrives

Day Two: Email Sent

Day Four: Personal Phone Call from Sales Team

Day 6: Lumpy Sales Letter Arrives

And so on. When you hit your prospects through multiple different channels in a relatively short time frame, your response rate will increase.

Bottom line: snail mail isn’t dead. And even if your business is online, marketing offline can still be very profitable. For example – have you ever noticed that Google likes to promote its AdWords service with physical, mailed postcards? Ironic, right?  

Direct mail still works, and it should be a part of your lead-gen strategy.

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