Years ago, when my business was struggling and I was always wondering where my next customer was coming from, I decided to become a student of effective marketing.
That means Direct Response Marketing, of course, as opposed to the image or branding style of marketing overwhelmingly used today by dumb companies, big and small.
I’ve read over a hundred books on sales and marketing, taken over a thousand hours of courses, attended dozens of seminars, subscribed to several publications and watched untold hundreds of hours of television commercials, infomercials and “home shopping” shows.
I also make sure to stay on the mailing lists of over 100 of the world’s top direct response marketers, from billion-dollar corporations to “solopreneurs”.
But despite my purposeful focus on all of this “what’s working” marketing information, of course that doesn’t insulate me from the overwhelming onslaught of spectacularly ineffective marketing that makes up the large majority of what companies – big and small – spend their time, effort and money on.
This includes useless TV and radio ads, cookie-cutter websites, horrible yellow pages ads, plain vanilla postcards and a whole host of blur-of-sameness, insultingly lame coupons – both offline (ValPak, Money Mailer, etc.) and on (Groupon, Living Social, etc.).
The unfortunate bottom-line of almost everything put forth as “marketing” today is this: it lacks a truly compelling offer, giving the prospect practically no reason to part with his or her money.
A few years ago, when the economy was booming (as will happen again in a few years, when the current tough economy ends), we were all much less cautious in our spending. As a result, companies were able to capture our dollars with minimal effort and creativity. Just “being there” was enough for all but the very worst companies to bring in enough revenue to grow year after year.
But today’s reality requires that all business owners put forth very strong messages in order to attract and keep customers, clients and patients.
And at the core of an effective message is what is known in marketing circles as an “Irresistible Offer.”
In other words, are you so clearly and powerfully communicating your promise of value as to make it overwhelmingly obvious that your prospect would be an utter fool to pass it up?
Are you making doing business with you so easy and so obviously beneficial that you stand out crystal clearly in the crowd?
Are your ideal prospects remembering and talking about your offer? Does it spark their imagination and create an immediate, “gotta-have-it-now” buying frenzy?
You may be familiar with some of these legendary “irresistible offers”:
All of these have been the direct cause of building fledgling companies and products into mega-successful juggernauts. So why do almost all small business owners choose to ignore reality and insist on continuing to offer unbelievably ordinary, not-compelling-in-any-way offers?
Here’s some of the we-don’t-really-want-your-business offers I received from local businesses in this week’s mail alone:
And my #1 favorite, that arrived in my email junk folder recently from a company I’ve never heard of: “In honor of our 11th Anniversary we want to send you a gift card to either Starbucks or Dunkin Donuts worth $11 for every $1,000 consulting package you purchase!!”
Really, local business owners? Can’t you do any better than these awesomely awful offers?
For an example of how I put together an irresistible offer of my own, check out my bonus package that’s worth much more than the actual product cost itself: www.DanKennedyBonus.com. HINT: It’s getting a phenomenal response!
Please comment below, sharing either the irresistible offer you currently use in your marketing, or one you develop by modeling any or all of the successful offers listed above!
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