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Double Your Client Base Using The Two Step Approach
By Shawn Meldrum
What do you think the biggest mistake most companies make in
advertising?
My belief is that it is using the wrong overall marketing strategy.
Most companies advertise with a one step approach. They place an ad with
the immediate goal of getting sales. If the first call or visit doesn't
lead to immediate business they often scrap it all together.
In my opinion that's an awful lot to ask from a single ad and a terrible
waste of potential business. Especially when you look at how pathetic and
predictable most advertising really is. (Just open up your phone book if you want
to see what I mean)
A much more profitable strategy for marketing and advertising is a two
step approach. This method is not new. Direct marketers have been using it
for years.
They learned that it is much easier to get people to raise
their hands first and say “I'm interested in that” and then offer the
sales piece rather than just hitting everybody with a sales piece. This
approach is much more cost effective and profitable as well.
So instead of asking your ad to convert readers into immediate customers it
gently moves your prospect along with baby steps in a comfortable
non-threatening way.
With the goal of simply getting their name and contact information.
Once you have that, you've got it made. Rather than one chance of selling
them from your ad you can now follow-up as often as you like knowing that
the dollars spent are being targeted like a high-powered rifle at
prospects that truly have an interest in what you are offering rather than
the typical shot gun approach.
So, you ask, how do I get them to raise their hands and give me their name
and contact information?
It's simple. You make them an offer they can't refuse.
The best way I have found is to offer a free sample or free highly useful information that
they cannot get anywhere else. Let's say, for instance, you are a
mortgage broker and want to target
prospects who would be interested in re-financing or debt consolidation.
By offering a free report like “How To Escape The Debt Rat Race” or “6
Things Your Credit-Card Company Hopes You Never Find Out” you peak their
interest and automatically know they are interested in what you have to
offer. If done in the correct way this can massively increase the number
of leads you receive.
Once they have requested the free report you have already set yourself up
as the expert and can continue to follow-up with the prospect until they
convert into a client. This follow-up should be low pressure offering
additional information, free financial analysis, etc. in the attitude of
offering a service to your community as the local expert.
You should not be afraid to ask if you can help them,
but you should never beg either. Always keep the “expert” attitude in
mind.
By using the two step approach, continually building your database and
using regular follow-up you will not only get business for right now but
you will be planting a business crop that will bring you an abundant
harvest for years to come.
Shawn Meldrum has spent the last two decades marketing everything from
almonds to landscape lighting. He currently specializes in marketing for
mortgage brokers, loan officers and real estate agents. For free mortgage
marketing articles and much more visit:
Mortgage Marketing
Resources
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