Home Business Tip of the Day: Your Second Most Important Communication
Hey Wes,
So have you got your personal narrative nailed down?
Get busy on it if you haven’t.
Because today, in this market, positioning yourself is one of the single most important things you can do to build a business.
It creates easier sales
It creates more loyal customers
It creates more repeat and referral business.
Trust me. Don’t skip that part of planning your business.
But once you get that done, then what?
Well that’s what I want to talk to you about in the next couple issues here. About what the rest of your communication should be about.
This is something else you shouldn’t take lightly, because if your communication to prospects and client’s isn’t doing this specific thing, then you’ll be struggling down the path to failure.
Time to explain what I’m talking about. Let’s dive in To higher profits and beyond,
Rich
Your Second Most Important Communication
By Rich Schefren
OK. We’ve spent the last few issues talking about communicating with your market. Specifically how you shape your personal narrative.
Once you get that down, you’re going to be way ahead of the game. But you’re far from done.
Today I want to start talking a little more in depth about another area of communication that is vital to your business. One that can accelerate your success, or leave you stuck in the mud spinning your wheels.
The area I’m talking about is…
FREE CONTENT
More specifically, free content that actually makes sales.
You see, if the content you produce and give away isn’t clearly moving you closer to the sale, it’s actually moving you further away.
So let me tell you a little bit of the back story. You see, I was out West a little over a year ago consulting for a well-known guru I’m sure you’ve heard of. He’s not in internet marketing but he’s been around for quite a long time. And his company is about a little over ten million dollars.
They flew me out to get my input because sales had been flat.
More specifically, the launches that they had done were mediocre at best. Sales from their blog were basically non-existent. Sales from the content emails they sent out barely moved the needle at all. And even their webinars and teleseminars really didn’t have the impact that they were hoping for.
Now whenever I hear something like this I’m always thinking there is a problem in the way the content is being structured. More specifically, is the content that’s being delivered actually furthering the sale? Is it advancing customer’s desire to purchase the product that the company, guru, etc. is hoping to sell?
You see, the big mistake this client was making, one I see so many people make these days, is thinking, "if we provide really good content, people will automatically want to buy our stuff."
Guess what.
That simply isn’t the case –
And it hasn’t been the case for quite a long time.
Valuable content for content’s sake, on its own and without a strategic plan behind it will not get more people to buy from you. Today we live in an age where great content is all around us. So the simple fact you are offering someone great content doesn’t have the impact that it once. It doesn’t motivate buyers with regard to actually stimulating a sale like it did when great content was much more scarce. .
So that’s what we’re going to talk about. Content. Specifically the type of content that actually increases desire. The type of content that actually stimulates a sale.
Are you suffering from weak content?
Well, the easiest way to get a grasp on whether or not this really applies to you is how effective is whatever free content you’re putting out there is actually generating sales?
For example, I’m well-known for the reports that I’ve put out, the free reports that I’ve put out to the public. In each of those reports I’ve made millions of dollars based on the sales that they cause. So that’s what I’m talking about.
If you’re putting out content that doesn’t stimulate sales, then you really got to scratch your head and ask yourself why you’re putting out that content in the first place and could that content be better? Could it actually create the sales that you desire?
It can.
When you create great content that actually does advance the sale; that does create desire, what happens is that you build a momentum in your business where that content that is out there for free for the prospects and your marketplace to eat up and to consume, continuously increases your sales. Continuously brings new prospects and new customers into the fold. That’s when you have content that is really effective.
So let’s talk about really why people have this problem. There are two different concepts that have floated around the market that I believe really cause more harm than they do good.
The first and most problematic is called…
"Moving the Free Line."
This is the standard response entrepreneurs offer when they see the content they’re currently offering isn’t getting the results they hope for.
If you’re a BGS or Founders Club member, you’ve probably heard me talk about Earl Nightingales comment about why you don’t want to do what the rest of the market is doing. This is a perfect case in point.
Anyway, the concept here is that we’re going to give more away than has been given away before. Somehow magically because we’re doing that, people are automatically going to buy from us. That simply is not the case.
Think about this for just a second. if your content isn’t creating sales in the first place, how is giving more of it away going to help? Still that’s the mindset that most entrepreneurs work from.
If your content doesn’t create greater demand your content is not effective. So the idea of moving the free line, while it’s a clever statement, doesn’t really capture in its essence what is necessary to create demand and make sales.
Now there are a number of other content mistakes that entrepreneurs make as well. But i’m going to cover them in the next issue, so create any content in your marketing, stay tuned!
Questions or Comments on this issue?
Click here to send them to Rich!
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Until Next time…
Wes



