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Read Yanik Silver's previous newsletter articles below:

4 Ways Entrepreneurs Can Avoid – or Recover From – Burnout

Friday, July 24th, 2009

Nearly every successful entrepreneur I know has grappled with burnout. I’ve personally gone through it and come out the other side several times. I did it by using these four techniques:

1. Truly disconnect.

In today’s business world, we are constantly tethered to our BlackBerries and “always-on” connections. As a result, when we truly disconnect from time to time, the effect is almost magical.

By “disconnecting,” I mean being totally out of touch with work.

On a recent trip to Baja, for example, I did something that might seem a bit over the top: I “black holed” all my e-mails during that week. Everyone who e-mailed me got an automatic response letting them know (more…)

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Are You Suffering from ICLMB Syndrome?

Friday, July 17th, 2009

Too many entrepreneurs and business owners seem to believe that they cannot leave their office – even for a few days of fun in the sun – without things getting off track. I call this “I Can’t Leave My Business” syndrome.

If that’s the way you feel, you either have some serious micro-managing issues that need to be worked on… or you need to remember why you went into business for yourself.

You might think you’re indispensable, but everyone (including you) is replaceable. If employees are left to fend for themselves without the “big boss” insisting on approving everything, most things would still get done. Maybe not quite the way you would do it, but the end result would be close enough… and you’d have the freedom to enjoy your life.

In fact, I think freedom is the operative keyword for entrepreneurs. (That is why you struck out on your own, right?) And unless we exercise that freedom by stepping away from the office from time to time, it slowly collapses – and we become nothing more than highly paid servants to our businesses.

[Ed. Note: Starting your own Internet business is the epitome of freedom. You'll have the freedom to concentrate on your passion... the freedom to set your own hours... the freedom to work from anywhere in the world. Best of all, you could finally have freedom from financial worries. Get started building your own Internet business with help from ETR's experts. They'll show you how to set up a website, create products, make sales, and much more. Act by 5:00 p.m. Saturday and you could get 80% off this powerful program - plus a $2,000 bonus. Get the details now.

For more about how much freedom you can have with an Internet business, check out master Internet marketer Yanik Silver's website www.MaverickBusinessInsider.com. He breaks new ground in online marketing every day... and still finds the time to "get away from it all."]

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Could Today Be Your Personal Independence Day?

Wednesday, July 1st, 2009

July 4th is the day for all Americans to celebrate their independence. But what does “independence day” – mean for you personally?

My father reminds me that July 3, 1976 was his “independence day,” since that’s the day my family came to the United States from Russia.

My independence day was on July 1, 1999. That’s the day I left my father’s business to work on my own.

It was one of the hardest decisions of my life. You see, I had worked for my dad since I was 12, and he thought I was eventually going to take over the company. I had that same thought – until I got the “entrepreneurial bug.” In fact, my wife Missy and I were talking about this recently. She remembered that when she met me 11 years ago, I had only one thought: “How can I grow my father’s business?” I stayed late, working on new ads and marketing pieces. I was in early, calling my accounts to try to make sales.

I had been studying direct marketing, and that was really paying off for my dad’s business. (Actually, his company still uses a lot of the ads I wrote in 1998 because they still work today.) But with every ad I wrote, I was getting more and more aggravated. Not because the ads weren’t producing sales. They were. But because everyone in the company seemed to be an advertising “expert” – even though they’d never studied or read anything on the subject.

For every ad I wrote, I had to fight to get it out there. I got sick of it, and decided to create my own product so I could write ads for myself.

My first product was designed for dermatologists – to help them get new patients for cosmetic procedures. It was a big kit – a manual, tapes, reports, diskettes, etc. – and I was selling it for $900.

I ran my first ad in April 1998 in Dermatologic Surgery magazine. I got 10 responses, and sent them the 20-page sales letter I’d written. Not one order.

I waited…

Sent out a follow-up letter to the 10 respondents.

Nothing…

Then I sent a third letter, reminding them that the deadline to get all the free bonuses was only 10 days away.

Finally, on the very last day, one order came over my fax machine. (And I still remember that doctor’s name.)

What an incredible feeling! It took me a little over a year to finally quit my “day job” – but with that first sale, I realized I had the power to chart my own course. I think it has to do with the confidence you get when you know you’ve created something that people want and are willing to exchange money for.

The first sale is usually the hardest – but also the most rewarding. And I love it when I can help turn on that light in other people.

So when will your independence day be?

When that day comes, I bet you’ll never forget it. No matter how bleak things looked up to that point, you’ll look back and realize that your “impossible” situation was simply opportunity staring you in the face.

Take my good friend, Jim Edwards. His independence day came about because he got fired. I remember the conversation we had right after it happened. We were throwing around some ideas that he might be able to pursue now that he was “free” – and we came up with “33 Days to Online Profits.” Right then and there, we outlined each of the 33 days, and moved forward from there. “33 Days” has been a tremendous six-figure income earner for both of us since the beginning, and it’s still going strong.

What can you do to achieve your independence?

Let’s start with this: What are you doing with your spare time?

  • Watching TV… or reading books in your field?
  • Playing cards… or practicing your copywriting?
  • Yakking with your friends… or studying direct marketing?

It all comes down to the choices you make.

You shouldn’t let a single day go by without making sure you are taking at least one proactive step toward your own independence.

Being able to do what you want when you want may seem very far away right now. But don’t let that stop you from taking baby steps each and every day.

What else?

Learn to be different. The truth is, you need to become extraordinary if you expect to achieve extraordinary results. That means doing things others don’t (or won’t) do. It also means NOT listening to advice – unless it’s coming from someone who’s already successful at what you want to do.

I think you’ll find that only 5 percent of the people you run into are truly successful. Which means that if you simply do the opposite of what the other 95 percent are doing, you should be okay. In other words, don’t adopt a herd mentality. Think for yourself.

Please don’t get me wrong. I am not telling you to be elitist. But it is tremendously important to go through life with your eyes wide open. The truth is, most of your friends (right now) probably don’t want you to succeed. That would imply that they are losers. That would mean that they are failures.

Nobody is going to propel you to success except yourself. So get on it today… and prepare to proclaim your own independence day.

[Ed. Note: Serial entrepreneur Yanik Silver believes you can make more, have more fun, and give more back! Find out how with his Maverick Business Insider Introductory Package right here.

Now's your chance to proclaim your independence day and start building a lifetime free of financial worries. It's not too late to get expert guidance for your own moneymaking Internet business. With ETR's hands-on instruction, you could have your business up and running by July 18. But hurry - time is running out to join this exclusive event. Act by 7:00 p.m. Eastern this Friday and get a special hotel discount. Get all the details here.]

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3 Inside Secrets of Internet Success

Wednesday, May 13th, 2009

In a few short months, I was able to achieve the ultimate Internet “fantasy” of making a lot of money from a simple (almost primitive) website that ran virtually on autopilot. Starting from scratch, I banked over $51,351.94 in my first 6.5 months online, just working part-time out of the corner of my living room.

I was 31 years old, and already on track to pull in six figures a year.

How did I go from a standing start to banking mega profits?

I did it with what I consider to be three inner secrets to Internet success. It has nothing to do with search engines or pay-per-click ads or any of the tactical stuff. It’s all about stuff that goes on in your head.

• Secret #1: Have “Cheerful Expectancy”

One of my main mentors was Earl Nightingale, who passed away several years ago. In his programs, he talks about having “cheerful expectancy.”

There’s a big difference between cheerful expectancy and hoping or wishing something is going to happen. When you have cheerful expectancy, you know it’s going to occur. And that doesn’t come from being a “Pollyanna” or looking at the world through rose-colored glasses.

It comes from having knowledge. And you get that knowledge by studying your field, whether it’s Internet marketing or neurology – by completely immersing yourself in it.

I learned from Earl Nightingale that if you want to be an expert on any subject, you have to spend at least an hour a day reading up on it. Knowledge gives you the confidence to have that positive expectancy. Your expectations determine your results.

• Secret #2: Do One Proactive Thing Every Day

You don’t need to do 100 things a day to be successful as an Internet marketer. Just do one proactive thing. By laying one little brick at a time, you will eventually build a big wall.

Don’t tell yourself, “Oh, I need to do e-zine ads and free-for-alls and pay-per-click search engines – and I need to do all this other stuff too!”

Agh!

Don’t overwhelm yourself. Just relax.

Make a commitment to do one proactive thing a day, no matter what. Even if you’re dead tired and worked a 14-hour day – come home and mail one letter or send out one joint venture proposal. I’m telling you, these little actions will have an immense impact.

One of my apprentices – Peter W. from the UK – is a perfect example of how powerful this can be. Peter was an Internet newbie and he also had a full-time job, so he was slow to get started. However, he took my advice and managed to do one proactive thing every single day. Whether it was something small (like writing one auto-responder message) or big (like writing 50 headlines), Peter was moving ahead. And, not surprisingly, he completed his first online project before most of my other apprentices.

• Secret #3: Make Quick Decisions

A lot of people have trouble making a decision. They don’t like to do it, because it cuts off their other options. Frankly, that’s the point. You want to cut off your other options so you’re forced to move forward. It can motivate you like nothing else.

And something magical seems to happen when you make a decision. I don’t understand it and I can’t explain it. But when you set your mind to do something, all of a sudden you meet people who can help you get to where you want to go. It’s like once a decision has been made, your mind gets tuned into it and all kinds of “freaky” coincidences start occurring.

Don’t be afraid of making the wrong decision – just make a decision. If you make a mistake, who cares? What you want to do is get all your mistakes out of the way, learn from them, and move on. Don’t be afraid of failure. Fail quickly. That will speed up the time it takes you to succeed.

(Michael Masterson calls this the Secret of Accelerated Failure.)

That’s a great thing about being an Internet marketer. You can test your idea and find out if it’s going to work right away – in days instead of months. Sometimes hours. If it doesn’t work, you say “Next!” If it does work, you keep on making it better.

As Michael Masterson says, “Ready, Fire, Aim!”

That’s what I did with our first product, InstantSalesLetters.com. I got it to the point where it was good enough to test. I quickly found out that, yes, there was a market for it, that I could sell it. And then I kept adding to it and making it better.

If you want to be a successful online marketer, that’s what you have to do.

  • Expect that it will eventually happen.
  • Do at least one thing every day to get your first product idea ready to test.
  • When you’re ready, don’t hesitate. Make the decision and get it out there. If it works, keep making it better. If it doesn’t work, fail quickly… and go on to your next idea.
 

[Ed. Note: Serial entrepreneur Yanik Silver believes you can make more, have more fun, and give more back! Put his three Internet Success Secrets to work, and you could have your own powerhouse Internet business in no time.

Need a little help with the details? You can find out how to set up a website, pick a product, and get your own business off the ground in just 5 days this July. Get all the details here.]

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4 More Ways to Turbocharge Your Writing

Friday, February 20th, 2009

Sales copy can make or break your marketing campaign. That’s why it’s so important to ensure that it is as strong and persuasive as possible.

The first step, of course, is to get the first draft of the copy down on paper (or computer screen) as quickly as possible. I always tell copywriters not to worry about getting every word right. Just “let it all hang out.”

Then, the real work begins: the editing. That’s when you transform your copy from decent to good – or even great. As copywriting expert Clayton Makepeace says, “The more compelling you make each section of your sales letter, the greater your response and average order will be.”

In my last article for ETR – “4 Simple Ways to Turbocharge Your Writing” – I said that the best way to do the editing is to focus on one thing at a time. And I walked you through the first four phases of the process.

There are four more steps to take in order to polish your copy to perfection. Put them to work for you, and you’re sure to end up with sales letters that blow past your competition.

1. Call Out the Bucket Brigade

In this phase of the editing process, you smooth out and “stitch” everything together by using “bucket brigade” copy transitions. Like the old-time firefighters who transferred buckets of water from hand to hand, these phrases keep propelling the reader forward. Phrases like these:

• And that’s just the beginning…

• As you read on, I’ll tell you more about how…

• But before we go into that…

• But better still…

• But don’t take my word for it…

• But I’m jumping ahead. Let me tell you how this all came about…

• Here’s more…

• Fact is…

• Here’s the deal…

• Here’s the scary part:

• Listen, there’s more. Lots more…

• My strong hunch is…

• Needless to say…

• What this all boils down to is…

• What’s more…

• What’s the catch?

• Then it hit me…

Anytime you can use a copy transition, you will improve the readability of your copy and move the reader closer to the sale. (I have compiled 226 copy transitions that I use on a regular basis.)

2. Read It Out Loud

I don’t know what it is about reading sales copy out loud, but it gives you lots and lots of insight into how good (or bad) it really is. All the bumps and rough spots jump out at you.

Even better than reading it out loud yourself is to have someone else read it to you while you take notes on a printout of the copy. One big advantage of this is that he is completely impartial. He won’t stress certain words to make the meaning clearer. And if he stumbles over a phrase or sentence or paragraph, you know that’s an area you need to rework.

Another thing I do during this editing phase is make sure the copy is geared to the prospect’s benefit. I do it by changing some of the “I’s,” “We’s,” and “Me’s” to “You’s” – e.g., changing “We are giving you 6 must-have bonuses”toYou’ll get 6 must-have bonuses.”

Much stronger that way.

3. Sleep On It 

At this point, let your copy sit for at least a day. If you don’t have the luxury of an extra day, even a few hours will help. When you come back to it, it will be with new eyes and a fresh perspective. You’ll find errors that weren’t apparent before, and better ways of saying what you want to say.

Every sales letter is significantly improved with rewriting. I will often do three, four, or even five rewrites before I’m satisfied.

4. Grammar and Spelling – the Final Phase of the Edit

On my final pass-through, I check the grammar and spelling. Often, I will have someone who is better at “proper English” take a look, too. I take their suggestions with a grain of salt, because sales copy is more “conversational” than formal writing. Still, I definitely want to make sure I don’t make stupid mistakes like confusing “their” and “there.”

Despite the importance of the editing process, most copywriters don’t bother with it – or, at best, give their copy one or two quick “final” reads. But if you take the time to do a thorough job – going through all eight phases, one by one – you will see a guaranteed improvement in the selling power of your writing!

[Ed. Note: As master Internet marketer Yanik Silver (www.MaverickBusinessInsider.com) says, careful editing can make the difference between mediocre and blockbuster sales copy. Learn how you can spend two days with one of the best copywriters in the world and get all his most powerful secrets to writing copy for the Web right here.]

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4 Simple Ways to Turbocharge Your Writing

Friday, January 30th, 2009

I’m going to share a bit of the information that I first taught at my $3,495 per person copywriting workshop. This subject is something I have not seen anyone else tackle in full. So if you are interested in making your sales copywriting (actually, any writing) work harder for you – pay attention!

You see, once most people learn about copywriting, they can usually crank out some pretty decent letters. But where the rubber meets the road is during a part of the writing process that most people don’t want to think about, let alone do. I’m talking about the editing. Today, I’m going to reveal four of the steps I take to hone, polish, and sculpt my sales letters.

Of course, before you start editing, you need to have something worth editing. And you really cannot write and edit at the same time.

So, when you sit down to write, I suggest that you turn off your internal editor. (You know, that little voice in your head that says, “That’s dumb” or “Blah!” or “Nobody is going to care about that.”) Then write quickly. Get it all out as soon as you can, and edit later.

When you begin editing, focus on one thing at a time. This is one of the biggest secrets to ending up with a great sales letter. It’s like when you buy a new car and all of a sudden you start seeing your make and model everywhere. The same number of Mini Coopers were on the road before – but now you have selective perception. Our brains are trained to seek out what we are hunting for, so most people will do one “general” edit and catch a few big problems. But that’s not good enough.

Phase 1 Edit: The First 500 Words

The opening is one of the most critical parts of your sales copy (after the headline), so that’s what I concentrate on first. Studies have shown that once a person gets past the first 500 words, he won’t stop reading until the 5,000-word mark. So one of your major goals is to get people to read through those 500 words.

Most writers start a sales letter with a lot of “warm up” – getting ready to say what they want to say. You need to be ruthless and get rid of the fluff. To make your copy more powerful, see what you can cut from the beginning of the letter. You’ll usually find that your best lead-in will be further down the page. (When doing copy critiques, I often X out the entire first page – or two! – or several of the initial paragraphs.)

Phase 2 Edit: The Flow of the Copy

The next thing I do is read through the entire sales letter with one thought: “Does this paragraph/section/copy block make sense where it is?”

What I’m looking for is a logical and persuasive flow to the copy. If I am writing to an audience that is especially skeptical, I will move my “Authority” and “Proof” elements closer to the beginning. If I’m using an analogy or a story, I make sure it is positioned in the best spot to keep readers engaged.

Phase 3 Edit: Graphics, Embellishments, and the Overall Look

The next thing I pay attention to is the “look” and “feel” of the entire letter.

Just like a top chef doesn’t want the spices to overpower the food, you don’t want the graphics and embellishments to overpower the copy. A pinch will do it. So, to make sure I’m not overdoing the bolding, italics, underlining, bullet points, check boxes, fake handwriting, etc., I use what I call my “Squinty Test.”

I print out each page, hold it in front of my face, and squint so all I can see is patterns, not the actual words. If I don’t see a good amount of white space and a balance of graphic elements, I make the necessary changes.

Phase 4 Edit: Double-Readership

I learned the concept of double-readership from Dan Kennedy, and it’s something you have to keep in mind when you’re writing copy.

There are two types of prospects: those who will read your sales letter, and those who will only skim through it, even after you capture their attention with your headline. So you want to make sure they can get enough information to make a buying decision just by skimming through the headline, subheads, and words that are set off by bolding, italics, etc.

If they can do that, you’ve done your job.

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Just by skimming through the above, you get the idea, don’t you? You get enough information to decide whether you’re interested in the product being sold.

There are other important edits you can make to your sales letters to make them stronger – and I’ll address them in an upcoming article. In the meantime, these four can tighten up your sales copy and make it much more appealing to prospective customers.

[Ed. Note: As master Internet marketer Yanik Silver (www.MaverickBusinessInsider.com) says, careful editing can make the difference between mediocre and blockbuster sales copy. Learn how you can get your hands on hundreds of powerful copywriting techniques from one of the best copywriters in the business right here.]  

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The Loneliest Lemonade Stand

Wednesday, December 31st, 2008

Last summer, my neighbor’s 10-year-old son, Spencer, set up a lemonade stand in front of his house. We live in an area with little car or foot traffic. While it’s great for letting kids play outside – it’s not so good for a budding lemonade tycoon.

After buying two cups of lemonade from Spencer, I had to give the kid some advice. I told him that he should move to the corner, where he would get a lot more traffic… or at least put up signs directing people to his stand.

Did he do it? Nope. He just went on yelling, “Lemonade for sale!”

Find out where the traffic already is and plant yourself there. Then offer something those people want. That’s a secret of success for any business.

At a seminar for people interested in going into the food business, the late Gary Halbert said to attendees, “I’ll let you pick any advantage you want for your business. Name it.” People would say things like “I want the only McDonald’s” or “I want the best food.” After everyone had a turn, he’d say, “The only advantage I want is a hungry crowd.”

When it’s parked in front of a hungry crowd, even a “roach coach” gets business at lunchtime.

The same secret of success holds true for your website. You’ve got to get it in front of a stream of traffic that’s hungry for what you’re selling.

Here are just a few ideas:

  • Add your offer to partners’ Thank You pages and Opt-In pages.
  • Buy ads on relevant, highly trafficked sites.
  • Make deals with other sites that rank highly in the search engines for your keywords and phrases.

If you’re not selling enough of your products – maybe it’s time to move your “lemonade stand” to where the crowd is!

[Ed. Note: As master Internet marketer Yanik Silver (www.MaverickBusinessInsider.com) says, you've got to get your business noticed by the right crowd if you expect to make sales. Discover 12 profit-boosting marketing strategies for getting your product in front of "hungry" traffic right here.]

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An Important Marketing Lesson From a Hot Dog Stand

Monday, December 1st, 2008

While in Chicago few weeks ago, I stumbled across a marketing lesson in the strangest of places: the Wiener’s Circle in Lincoln Park.

Wiener’s Circle is a hot dog stand that’s normal during the day but gets wild at night. It’s utter chaos. The gals behind the counter harass and crack jokes at their customers’ expense. Give it to them, and they’ll give it right back five times as hard. I couldn’t stop laughing. If you don’t know what to expect, you’ll be shocked by what you hear. (Look them up on Yelp.com or YouTube.com for the scoop.)

The BIG marketing lesson, here, is about creating a truly unique experience for your customers. Do so, and you’ll inspire word-of-mouth about your business that will attract people from far and wide.

There are hundreds of hot dog stands in Chicago, but several people told me that I had to check out this one. Yes, the hot dogs at Wiener’s Circle are good – but not better than some others I’ve had. But the craziness… now that’s worth the trip.

What are you doing to get people talking about your business?

[Ed. Note: As master Internet marketer Yanik Silver (www.MaverickBusinessInsider.com) says, giving your customers a unique experience can really get the buzz going about what you have to offer. Word-of-mouth isn't the only way to get people excited about your business. Discover 12 profit-boosting strategies right here.]

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The “Hidden” Hot Button to Getting More Prospects to Say YES!

Saturday, November 29th, 2008

If you have not read Robert Cialdini’s monumental work, Influence: The Psychology of Persuasion – grab it now! One of the major psychological triggers he explains is the principle of “scarcity,” and how it affects a person’s decision to make a purchase. The principle is based on the fact that human beings have been hard-wired to want what is going away. And far more people are motivated by the thought of potential loss than potential gain.

If you get this principle right, you’ll be astonished by the sales results. A lot of marketers think they understand it, but that’s not the case. There’s more to it than simply saying “x number of units will be sold” OR “limited-time opportunity” or “buy before midnight tonight.”

Many buying decisions are made in response to an emotional trigger. So whenever you buy something, it’s always a good idea to step back and see if you can figure out what the emotional trigger was that motivated you to do it. Because if something works on you, there’s a good chance it will work on your customers, too.

Scarcity is one of the emotional triggers that works on me.

For instance, my first sports car was a Honda S2000. When it came out in 2000, the car was impossible to get. My local dealer had an allotment of two or three of them for the year. Only 5,000 were made, and about 2,000 of those came to the U.S. I searched all over the country, looking for the rare color combination I wanted (silver with a red interior). I found my S2000 about 800 miles away in upstate New York, and drove it all the way down to our place in Maryland in the pouring rain.

Here’s an example of an ad that applies the principle of scarcity in a way that’s believable. It’s from Porthos.com, a company I buy a fair amount of wine from.

 

By mentioning that less than 300 cases were produced, the ad telegraphs exclusivity, rarity, and scarcity without being over the top. Also, if you trust the company’s recommendations (and I do), you believe that this wine will most likely hit $100+ cult status. And notice this at the bottom of the ad: “NO SALES TO RETAILERS.” Yet another scarcity trigger.

Porthos does an excellent job of using scarcity to sell to their market. Most wine collectors are considered to be affluent and sophisticated consumers. As you can see, you can use this psychological trigger in a way that does not insult your customers’ intelligence.

Let me give you a few more examples…

The Enzo is Ferrari’s $600,000+ supercar, named in honor of Enzo Ferrari, the company’s founder. They produced exactly 399 cars. That’s it. Ferrari collectors know that when Ferrari tells them a car is a limited edition, it really is.

Only a privileged few can own a Ferarri, and not only because of the high price. Ferrari makes potential buyers apply to buy one of their limited-edition cars, placing restrictions on what may and may not be done with it. They enforce those restrictions by threatening to withdraw perks like factory tours and the chance to buy future Ferraris. I was talking to the owner of an Enzo at a car show in New York, and he told me you had to have been a registered owner of three other Ferraris to qualify for the privilege of applying for an Enzo.

You see a lot of special editions created for collectible and high-end merchandise like pens, cigars, and spirits. For example, I found the following pen on a website that keeps track of all their sold-out editions as proof that what they’re selling really is scarce:

 

I think verisimilitude – the appearance of truth – is the key to making scarcity work for your business. E-books don’t have it. You can say you’ll sell only 500 copies of your e-book, but there’s no “appearance of truth” in that. An e-book is just bits and bytes, so why would it be truly limited? I’ve seen some marketers use scarcity ploys that had me wondering if they really expected their customers to believe what they were saying. If your customers question your credibility… you’re done for.

To avoid falling into that trap, my advice is to combine scarcity with another one of the psychological triggers Robert Cialdini talks about in Influence: giving people a “reason why” your offer is limited.

 

[Ed. Note: As master Internet marketer Yanik Silver (www.MaverickBusinessInsider.com) says, scarcity is a powerful motivator when you're trying to get prospective customers to buy. I saw him at ETR's Bootcamp, and I'll tell you, his info blew me and the crowd away.

For more sales tactics from Yanik - and from nearly a dozen other world-class Internet marketers - pick up a copy of ETR's 2008 Information Marketing Bootcamp DVD Library. With their advice, you could learn how to make $1 million or more with your own Internet business in 2009. Get all the details here.]

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The “Art” of the Sale

Wednesday, November 12th, 2008

A few months ago, I was in Aspen for the third Maverick Business Adventures experience. This time, we went whitewater rafting, rock climbing, rappelling, mountain biking, and on a Jeep 4×4 tour.

The day before I left, Aspen was extremely interesting from a marketing perspective…

Aspen is filled with great boutiques, restaurants, and art galleries. I wasn’t planning on buying anything, but enjoyed looking in the galleries – and that’s where our story starts.

The first part of any sales process is typically grabbing the attention of the prospective customer – and my attention was caught by a piece in one of the windows. It was cartoonish yet sophisticated. So I popped into the gallery. The piece was by an artist named Todd White, and it was called “My Heaven and Hell.”

The gallery had a bunch of White’s prints, and as I browsed through them I started getting the “story” of the artist from the gallery salesman, Johnny. He told me how White had worked on “Ren & Stimpy” and helped created “SpongeBob SquarePants.” I’m a big fan of animation, so this intrigued me.

If you have read Influence: The Psychology of Persuasion by Robert Cialdini, you know that this is a good example of one of the persuasive techniques used by salespeople. “Story”  helps the salesperson make a deeper connection with his prospect and start to set up the sale. (”Story” is important to the buyer, because he knows he’ll be able to tell it to people who admire the item after he’s bought it.)  

Johnny followed this with a laundry list of celebs who collect White’s work – an example of what Cialdini calls “Social Proof.”

Then he showed me a brochure with illustrations of prints by White that were no longer available because they had sold out. “He does them in very limited quantities (like 150),” Johnny explained. This is an example of another tried and true sales tactic described by Cialdini: “Scarcity.”

As I perused various pieces, Johnny would throw in an occasional comment. (For instance, he explained that “My Heaven and Hell” depicts the good and devilish sides of White’s ex-girlfriend.)

Every time I showed interest in a piece, Johnny asked me if I wanted him to move it to a better light. I declined several times, because I knew where this was heading. But, finally, I let him move two of the prints to a cozy little back room. (The purpose of the back room is to give prospects a chance to imagine how the artwork might look in their homes.)

At this point, what Cialdini calls “Commitment” and “Consistency” takes over. I’m making small commitments toward buying, starting with picking which prints I like the best. And psychologically, Cialdini tells us, once you’ve made a commitment, you’re more likely to behave in a consistent manner by sticking with that commitment going forward.

Meanwhile, I was offered a beer, Champagne, or water – an example of Cialdini’s principle of “Reciprocity” at work. Giving prospects a treat is a good way to make them feel like reciprocating in some way – presumably by making a purchase.

I’d been through this same kind of presentation before. Still, it was interesting to watch it unfold with my psychology hat on – especially since the gallery was doing something that I hadn’t seen before: They were playing a DVD about Todd White’s career, his press coverage, his works, and people who are his collectors. Another way of injecting social proof into the sales process, plus what Cialdini calls “Authority.”

When I kept going back to my favorite piece, Johnny asked me what it would take for me to buy it right then and there. I shrugged my shoulders. Then he said, “What if I can talk the owner of the gallery into giving you a crazy price on two of them?” I said I would be willing to negotiate price, but only on the one piece. In Cialdini’s terms, this is an example of reciprocation (by me) after a “Concession” (on price).

The owner then stepped in. He pointed out that the print I had chosen was hand embellished, not simply “a print.” And he talked to me about the frame itself – its multiple layers and how ornate it was. Cialdini calls this the “Value Buildup.”

Finally, the owner gave me a “Reason Why” he was able to give me a discount: It was the end of tourist season and the rent was due.  

We negotiated down to about 50 percent of the “retail” price, and shook hands. A few weeks later, a huge crate arrived at my house with my “All Lit Up Again” print by Todd White:

All lit up again

How many of the above sales tactics are you using to try to persuade customers to buy? If you’re using just one or two, it’s time for you to take a good look at Cialdini’s book.

[Ed. Note: As master Internet marketer Yanik Silver points out, understanding the psychology of persuasion can help you win over new customers. For more of his insights into sales and marketing, check out his blog at www.InternetLifestyle.com.

For more targeted strategies you can use to make sales – and take your business to new heights – sign up for ETR’s 2008 Bootcamp DVD Library. From the comfort of your living room, you can watch our speakers – including 2 hours of Yanik’s best secrets from his stunning live presentation – divulge techniques they’ve used to make at least $100,000. Who knows? With this advice, you could wind up making upward of $1 million in 2009. Learn more here.

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Enlightened Hospitality

Wednesday, November 5th, 2008

Dinner at New York’s Modern (a restaurant inside the Museum of Modern Art) is typically a tasting menu or a three-course prixe fixe menu. On a recent visit there with my friend Dan, I went for the tasting menu, with an accompanying glass of wine for each course. The service was spot on and the food was excellent. But what I really want to tell you about came about three-quarters of the way through our meal.

Our table backed up to the table of a 50-something couple who were obviously not happy with each other. He was yelling at her about why her parents had to come for the weekend – using plenty of obscenities. Seriously.

As the evening progressed, they got louder and louder. Dan was sitting right behind them, and it was interfering with our dinner conversation. But then our wine steward and waiter, Nick, did something pretty interesting. He came over, “accidentally” spilled a small amount of bottled water on our table, and said, in a loud voice, “Oops. How clumsy of me. I can’t believe I spilled water all over your table. We can’t have you sitting at a wet table, so let me move you.” A team of seven quickly swooped in and transported our food and wine to the other side of the dining room.

Dan and I were awestruck. The staff had correctly identified our problem and solved it in a way that did not embarrass the other couple. Very smart.

The Story of Stellar Service That “MUST” Be Told

Difficult situations like this – especially when handled incredibly well by top-notch customer service – create stories that people want to share. And it’s a pretty powerful marketing concept. Dan and I feel compelled to tell others about our experience. In fact, he’s already mentioned it to three people, including the publisher of Wired magazine. And now I’m sharing it with you – and some 423,000 other ETR readers.

How can you make your own service stellar in some way?

[Ed. Note: As master Internet marketer Yanik Silver says, stellar service can really get the buzz going about your business and what you have to offer. For more marketing advice from Yanik, check out his blog at InternetLifestyle.com.

Word of mouth isn't the only way to get the word out about your business. Discover 12 profit-boosting strategies for getting your customers to buy right here.]

 

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Using “Reason Why” to Persuade, Influence, and Maximize Sales

Tuesday, September 30th, 2008

The subject of persuasion is endlessly fascinating. It never ceases to amaze me that I can write words on paper (or the computer) and convince people to send me money.

Today,I’m going to introduce you to one of the most effective psychological hot buttons – one that you can profit from immediately. I’m talking about giving people a “reason why.”

If I could use just one copy approach in my marketing, that would probably be it. Telling people the reason why you are doing something – or want them to do something – is one of the most powerful influencers of human behavior.

In his book Influence: The Psychology of Persuasion, Robert Cialdini describes an experiment conducted by Harvard social psychologist Ellen Langer. Langer had a researcher approach people waiting in line to use a library copy machine and asked if he could cut in.

The first time he tried this, he said, “Excuse me, I have five pages. May I use the Xerox machine?” This request was granted 60 percent of the time. But the second time he tried it (with different people waiting in line), he said, “Excuse me, I have five pages. May I use the Xerox machine because I’m in a rush?” - and this request was granted 94 percent of the time.

Why? Because he gave the people a reason why he wanted to cut in line. That’s what triggered the magic “yes” response. And using this psychological “trigger” in your marketing can massively increase your success.

Some years ago, Maxwell Sackheim, famous for writing the long-running ad “Do You Make These Mistakes in English?” and originator of the book-of-the-month concept, said: “Whenever you make a claim or special offer in your advertising, come up with an honest reason why, and then state it sincerely. You’ll sell many more products this way.”

In one “reason-why” ad that I wrote for my dad’s medical equipment company, I helped him produce a massive 1,073 percent return on investment. (This was a huge breakthrough in those days, because the sale of medical equipment to doctors was typically done one-on-one.)

The ad asked: “How can we sell this product for the incredibly low price of only $447?” (It regularly sold for about $695 – $895.) Then it went on to explain that the reason why the price was so low was because the manufacturer wanted to gain market share and get nurses and doctors accustomed to using the product.

It was a huge winner and a big moneymaker.

In another ad, I employed the “reason-why” concept in the headline: “5 Reasons Why More Patients Choose Dr. Bui for Cosmetic Surgery.”

Simply mentioning “X” number of reasons why a customer should purchase from you is usually more than what most of your competitors do. It provides the customer with a logical reason to back up an emotional buying decision.

Start With the Reason Why – and Build a Promotion Around It

You can come up with just about any excuse for a promotion. Look at your calendar. If retailers and car dealers can use “made-up” holidays like Columbus Day to have a sale, you can do even better. Just keep brainstorming for a reason why you are selling whatever you’re selling.

One type of reason-why promotion lets people in “behind the scenes” at your company. For example, one I used a few years back was the “Save Yanik’s Marriage Sale.” The premise was that Missy, my wife, was really annoyed at me because the basement was so overloaded with boxes. Truthfully, she WAS really mad, and made a big stink about it – but I embellished the story a little bit. As a result of that promotion, we totally cleared out our entire inventory and made a tidy profit.

Another type of reason-why promotion I’ve had a lot of success with is the “milestone” sale. When our first child, Zak, was born, for example, I built a promotion around the event. That promotion nearly tripled my expectations. (It made $4.60+ for every visitor who came to my website.) Just as important, it helped the customers/prospects I sent it to connect with me as a real person. (You should have seen the dozens and dozens of congratulatory notes.)

Now in this case, I took a “multi-media” approach. I mailed (instead of e-mailed) a “birth announcement” that referred people to the website. Here’s what it looked like:

birth announcement

When Zoe was born a few years later, I did the same thing. (It worked even better, so now she’ll have bragging rights on Zak forever.)

When you advertise a sale or a special deal, your customers know you’re not doing it just because you’re “a nice guy (or gal).” So give them a believable reason. And then – like the researcher in Ellen Langer’s study – you’re very likely to trigger a “yes” response.

[Ed. Note: As master Internet marketer Yanik Silver (www.internetlifestyle.com) says, simply giving your customers a reason can convince them to make a purchase.

Come to ETR's 2008 Information Marketing Bootcamp this November... because we'll be revealing 12 ways to make between $1 million and $100 million with your own Internet business. Yanik will be one of our all-star speakers - and he'll be sharing some of his biggest secrets to making money online. Get all the details here.]

 

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5 Ways to Make Hard Decisions a Little Easier

Wednesday, September 3rd, 2008

Yesterday, my wife Missy woke up with her stomach in knots. Clara, the woman who’d been cleaning our house for the past two years, was becoming more and more unreliable. Sometimes she called to say she’d be late – but sometimes she just didn’t show up at all. Not only that, but she was doing a terrible job.

“I should probably fire her,” Missy said. “Then again… she’s been working for us for a long time. And she used to be so good. Maybe if I talk to her…”

Missy knew she had to do something about this problem, but had been procrastinating for weeks. And watching her agonize over it got me thinking about “tough” decisions – the kind we all struggle with.

It seems to be easier to keep putting them off… but that just prolongs the discomfort.

Whenever I’ve had a decision weighing on my mind, it’s kept nagging at me. But when I finally made the hard call, it was never as bad as I had worked it up to be. In fact, I’ve found that the longer you chew on it, the worse it gets.

Thinking back, there are two vivid examples that spring to mind…

Breaking Away From My Dad’s Business…

One of the biggest decisions I ever had to make was whether or not to leave my father’s business. I started working with him when I was 14. And I fully intended to stay with him and help grow the company – a medical equipment sales and service business. But I got the “itch” to go on my own in 1998.

That’s when I started experimenting with information marketing.

At first, I spun off of my dad’s business by selling information to plastic surgeons on how to get more patients. And my dad was pretty flexible. He let me use his office as my home base while I was still working for him. Then he let me take Fridays off so I had more time to work on my own projects.

The idea that I was somehow “betraying” him and the family business was eating me up. I knew my heart was no longer into it, and I had to break away. My dad expected me to work with him side-by-side until he retired. But I couldn’t continue to live my life based on someone else’s expectations. I had to do what was right for me. So, nine years ago, I made the decision to leave the company.

Looking back, it was by far the best decision I ever made for my financial future.

Attending My First Seminar…

To get my business off the ground, I had been learning a lot about direct marketing. And when I got an invitation to a copywriting seminar in Phoenix, I was tempted. This was back in October 1998. But because the seminar was so expensive, I almost passed up this opportunity that I later realized was the turning point in my business (and bank account).

My fledging information marketing business had been pulling in maybe $2,000 or $3,000 per month. No great shakes. So I was understandably hesitant to spend several thousand dollars and miss several days of work (both of which I couldn’t afford) in order to attend the seminar.

My dad thought I would be a fool to go. He chided me (in his thick Russian accent) “Mr. Yanik, why do you want to throw away your money. If you have so much of it, I can help you get rid of it. Don’t you already have enough of these books and tapes?”

But I bit the bullet and went. Another tough – but smart – decision.

Frankly, if I had listened to my dad, I know I wouldn’t be anywhere near where I am today. I can directly trace the moment when everything “clicked” for me and I “got it” to that seminar. That’s when I discovered the power of how to use words and turn them into cash windfalls.

I’ve found that people regret things they don’t do much more than things they do. That’s not how I want to live my life – brooding over “shouldas” “couldas” or “wouldas.”

In fact, I believe that most of our “tough” decisions aren’t really so tough. But the longer it takes for us to get off the fence and take action, the more we magnify them in our own heads.

With that in mind, here are five simple things to try when you are having trouble making a decision:

Decision-Making Method #1: Think about the worst-case scenario.

What is the worst possible thing that can happen if you make the wrong decision? It almost certainly won’t happen – but even if it does, you can probably live with it. When I was torturing myself over going off on my own, for example, I had wild thoughts of my father disowning me. Of course, he didn’t do that. He may have been disappointed, but he didn’t flip out.

Decision-Making Method #2: Listen to your gut.

This is huge! Don’t try to rationalize your way out of making the decision. You’ve got good instincts. Take advantage of them.

Decision-Making Method #3: Give yourself a deadline.

If you give yourself an indefinite amount of time to decide on a course of action, you’ll never do it. Not to mention, you’ll drive yourself crazy! Think of yourself as the high-powered CEO of your own life – an executive who MUST make decisions quickly.

Decision-Making Method #4: Visualize your ideal outcome.

This is an exercise I learned from my friend John Harricharan. He calls it the “Power Pause.” It takes three minutes – one minute to think about what you want to happen… one minute to think about how good you’ll feel when it does happen… and one minute to calm yourself down by thinking about what you are already grateful for in your life.

Decision-Making Method #5: The Band-Aid solution.

You know how painful it can be to pull off a bandage (especially for those of us who are kind of hairy)? Well, the secret is to pull it off quickly. Nothing is worse than paralysis by analysis. You’ll never have all the information you need to make the perfect decision. Do the best you can with what you’ve got. Then move on.

And here’s a bonus tip: When all else fails, flip a coin. That’s how I decided the time had come for me to propose to Missy!

By the way, in case you’re wondering what Missy decided to do about Clara… she gave her a call and simply told her we weren’t going to be able to use her anymore. Much to Missy’s surprise, Clara was relieved. It seems that there’s another family much closer to her own neighborhood that she’s been wanting to work for, and she was happy to have us free up a day for her.

There you go – all that angst and gut-wrenching turmoil could have been avoided simply by making the decision to fire Clara weeks ago.

[Ed. Note: As master Internet marketer Yanik Silver (www.internetlifestyle.com) says, a tough decision becomes a whole lot easier if you just bite the bullet and make it. Maybe you've been agonizing over whether now's the time to start your own Internet business. Use Yanik's 5 methods to help you make the decision - and we can make it even easier for you. Come to ETR's 2008 Information Marketing Bootcamp this November, and we'll give you 12 ways to make between $1 million and $100 million with your own Internet business. Yanik will be one of our all-star speakers - and he'll be sharing some of his biggest secrets to making money online. Get all the details here.]

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An Instant (and Overlooked) Income Producer

Tuesday, June 10th, 2008

Here’s a profitable idea that you should immediately put into action. If you don’t, hold a mirror up to your face to see if you fog it. The technique? After every single transaction on your website (i.e., opt-in, registration, or purchase), you should be controlling where your customer goes next.

The concept is extremely simple. Yet, most of the time, overlooked. I see so many people missing out on this golden opportunity for additional profit. And you could be missing out too.

For instance, what does your thank-you page say? If your website is like most of them out there, a customer orders a product and then gets a thank-you page that merely says "Thank you for your order. It will be shipped out soon."

Dumb… da… dumb… dumb… DUMB!

Where’s that customer going to go now? I doubt that it’s back to another part of your site where they can spend more money with you. The thing is, your customers could (and will) spend more money with you if you give them the opportunity.

What about after someone opts in to one of your e-mail lists – maybe a priority notification list? Your thank-you page probably says "Thank you. Please look for _____ in your e-mail inbox shortly."

Dumb… da… dumb… dumb… DUMB!

Another opportunity lost. Hopefully, you’ve got my drift by now. There are dozens of tiny "profit leverage" points on your website. And taking advantage of them is one of the easiest ways to turn any transaction into more cash.

Just so you understand how many places you can use this technique, here are a few examples…

Thank-You Page After an Order

If a customer just whipped out his credit card, he is far more likely to spend again if you give him an opportunity and an incentive. I know it seems to go against common sense, but the old-school direct-marketing formula of RFM (Recency, Frequency, Monetary) holds true.

Your "hotline" names are the people who’ve most recently made a purchase from you. And on the thank-you page, you’ve got those people at their hottest point.

So, on the thank-you page for my Public Domain Goldmine product, I offer a discount on another product. The customer has already spent $497, and now he’s got a $200 discount for a related product. It only takes a few paragraphs to persuade 10.5 percent of my Public Domain Goldmine customers to buy an additional $497 course.

Okay. That’s well and good for a physical product – but what if you have a digital product? Not a problem. I’ve done thank-you page offers for digital products two different ways – with pop-ups and on the page where they download the product itself.

A word of caution: If you make an offer on the download page, be sure to make the link to the offer open up in its own new window. You don’t want customer service issues with people not being able to get to the product they ordered.

What if you don’t have another product to sell? Again, no problem…

Thank-You Page for Affiliate Products

Your thank-you page could easily be used for affiliate offers. My buddy, John Reese, has a five-page thank-you that explains his story and then recommends my 33 Days to Online Profits product and Derek Gehl’s course. (Yes, I said five pages!)

And here are two more…

Thank-You Page After Opt-In

An overlooked spot for an additional offer is the opt-in confirmation/ page. Almost every e-mail autoresponder company allows you to specify what the confirmation page will say. So once a visitor opts in to receive your e-letter or other information, you can have her directed to a thank-you page. And that’s where you make another offer.

This works incredibly well for any type of Priority Notification or "Early Bird" list, where the page asks people to sign up to be first in line for the upcoming launch of a new product or service.

Don’t waste this opportunity.

Thank-You Page After Registration

This is one of my favorite Underground secrets, and something I’ve heretofore revealed only at my $5,000 per person "Info Marketing Player’s Workshop": You can do a big push for a free event or product – such as a teleseminar or e-book – and then make the offer.

There’s no reason to squander this opportunity by, for example, just putting the call-in number for your teleseminar on the thank-you page after people sign up. Whenever I’ve offered a free teleseminar to my readers, I’ve put an offer for a free trial to my Secret Society newsletter right there on the thank-you page. It has been a big success!

Go back through each of your sites to see where you have overlooked profit opportunities on the thank-you pages, opt-in pages, and registration pages. I promise this one idea could drastically improve your sales.

[Ed. Note: Internet marketing expert Yanik Silver holds annual seminars where attendees pay $2,000- $5,000 to hear secrets for getting the most money out of their online businesses. Learn more about his money-making formula here...

And make sure you visit Yanik's site, www.InternetLifestyle.com, and check out his latest book, Moonlighting on the Internet: 5 World-Class Experts Reveal Proven Ways to Make an Extra Paycheck Online Each Month.]

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Creating Your Site’s Personality to Turbo-Charge Sales

Friday, March 21st, 2008

Most people’s websites are B-O-R-I-N-G! I’m talking zzzzzzzzz city! That’s no way to distinguish yourself in a competitive market. If you want people to remember your site and keep coming back to it again and again, it has to project a unique personality.

Two of my favorite examples: Demotivation.com and Despair.com. These sites are entertaining, against the grain – and loaded with personality.

For instance, Despair.com sells some of my favorite prints. And they are hilarious! For example, a print of the Great Pyramids has a caption that reads: "Achievement: You can do anything you set your mind to when you have vision, determination, and an endless supply of expendable labor."

Check out the site yourself for more. When you do, you’ll immediately notice that the same irreverent attitude runs through the whole thing – even to the way the buttons are labeled on the navigation bar. There’s a button for "spin," where you can view and sign up for audio and video podcasts. And instead of "customer service," there’s a button for "disservice."

Your website’s personality has to be plugged into every nook and cranny – and extend to your communications with customers and prospects. Here’s an excerpt from the way Despair.com does it with their order confirmation:

Thank you for your recent order from Despair Inc.

I’d like to personally welcome you to our growing body of

Dissatisfied Customers(tm), but to do so might evidence

some actual concern for service and protocol. This might

then lead to customer satisfaction, which would defeat

the purpose altogether. That is why you have received

this generic, form-generated email, written by some

nameless lackey in our marketing department.

Having established that any pretense of consideration

for *your* needs would be counter-productive to our

raison d’etre at Despair Inc., let us now ponder a

subject of greater interest to those among us who are

worthy of both of our collective attentions – that

person being me.

[…]

If any of the information shown below is inaccurate,

please notify us immediately using our new Troubled Ticketing

system.

We will rectify your error immediately, and on some occasions,

without snickering.

It is the least we can do, which, as a matter of policy,

is the most we can do.

I love it!

Now you might be thinking that you’d repel some customers with this type of treatment. You’re right. And that’s a good thing. You don’t want to be plain vanilla. Go ahead and polarize your prospects/customers to either love you or hate you. There’s no money to be made in the middle. Look at Howard Stern. Some people absolutely love him and pay Sirius radio a monthly subscription fee just to listen to their "god." And a lot of other people tune in to hear what Howard says… just so they can hate him more.

But okay. Maybe this isn’t your style. Here’s another example of what I’m talking about.

CaliforniaTortilla.com is a local Mexican eatery that’s been expanding like crazy. They used to have two locations back when I included them in my "Million Dollar E-mails" e-book in 2001. Now they’ve blossomed into 20+ locations – in no small part, I think, to the fun personality of the restaurant and its website.

Take a look at this from their "About Us" page:

OUR FUN

  • We’ve got over 75 different hot sauces that’ll blow your head off!
  • We’ve got spunky cashiers!
  • We’ve got the Monday Night Mystery Price Burrito Wheel!
  • We’ve got Pop Tart Day!
  • We’ve got Freeze Pop Day! (Which is just like Pop Tart Day without the toasting option.)
  • We’ve got Yappy Hour for dogs! (Again, no toasting option.)
  • We’ve got Taco Talk — the burrito newsletter read by tens of people nationwide!

California Tortilla does a good job of bribing you to join their "prestigious" mailing list by offering a FREE taco. If you go to the site, notice the wording for "groovy" promotions and "secret" discounts. And see how their personality shines through in this excerpt from their newsletter:

Taco Talk

4000 DAYS AND COUNTING!

California Tortilla has been open 4000 days. Isn’t that amazing? And while I’m not really sure that that’s any sort of a milestone, it does give me something to write about in Taco Talk – which, if the truth be known, is my sole goal in life. (By my calculation, I’ve written over 600 articles about burritos. And as you so painfully know, there aren’t 600 things to say about burritos. That’s why I make almost everything up.)

Anyway, it’s been a great adventure and I’d like to take this opportunity to share with you the highs and lows of those first 4000 days:

Day 1: California Tortilla opens. Nobody cares but us — and our relatives who eat for free.

Day 56: Bert Weiss from Mix 107.3 eats at California Tortilla. He loudly proclaims he hates the food. I run in the bathroom and cry.

Day 57: One of our neighbors suggests we turn the restaurant into a Chinese Buffet. We tell him we think that’s a good idea and then secretly plot his demise.

Day 92: Our first review comes out and it’s glowing. Three people read it.

Day 217: We buy an automatic tomato slicer. Angels sing in celebration.

Day 329: Ray Romano eats at California Tortilla. He tells me about a television show he’s working on called "Everybody Loves Raymond"; I tell him not to get his hopes up. (I wish I were making this up.)

Day 492: An employee picks up something off the floor without us asking him to.

Day 633: We get napkin holders that are actually the same size as the napkins.

Day 756: We open on Sundays. At the exact same moment all our employees become churchgoers.

Day 1243: We start serving breakfast.

Day 1244: We stop serving breakfast.

Day 1702: The police write us a Cease and Desist letter demanding that we remove a customer from the Taco Talk fax list. Back down to 11.

Pam, who is one of the owners, makes the California Tortilla newsletter personal as well as extremely entertaining. You can tell this is not your typical restaurant or faceless mega-corporation.

On my own sites and in my communications with customers/subscribers, I try hard to keep my personality at the forefront. I talk about my son Zak and my wife Missy and other personal things. Plus, anytime I go on a really great trip, I post some pictures or a video of the experience. (Check out InternetLifestyle.com/blog/ for a recap of where I’ve been lately.)

When customers/subscribers watch my videos or read my blog, they get a sense of who I am (a bit goofy, a bit adventurous). And that makes them feel like they "know" me even if we’ve never met.

If you have trouble coming up with "personality" for your website, here are some tips:

  1. Be yourself – and don’t be afraid to give people details of your life.
  2. Don’t try to hide the real you behind a plastic veneer of professionalism.
  3. Ask yourself how you can demonstrate that you’re the opposite of a big, faceless corporate bureaucracy.

People want to do business with REAL people. So show them you are real, and more sales will be headed your way.

[Ed. Note: Yanik Silver, an expert on creating money-making websites, reveals one of the most profitable "hidden" Internet income opportunities around in the Secrets of Easy Internet Money series. And make sure you check out his new book, Moonlighting on the Internet: 5 World-Class Experts Reveal Proven Ways to Make an Extra Paycheck Online Each Month.]

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How a Simple "Thank You" Can Make You More Money

Wednesday, February 20th, 2008

I’m going to share with you a business-building technique that is extremely powerful, yet almost totally overlooked (or used improperly).

It’s simply… saying "thank you" to your customers.

You might be thinking, "Saying thank you to our customers for their business is not any big secret. What are you trying to pull here?"

Just hold onto your horses, and I think you’ll see how wonderful this can be.

You might be sending out some kind of a thank-you note to your customers – maybe with a special "gift" offer attached to it. But unless you have a strategic use for the sales those notes generate, it’s usually not worth it to send them out. Remember, you want to elicit direct actions from your customers. The stuff that results in dollars being directly deposited into your account.

That said, let me show you what I’m talking about.

A few years ago, I completed a series of teleseminars. The people who listened to this "Web Copy Secrets Mastery" series live each paid $397 to be on the calls. I thought that would make them good prospects for some of our other higher-end Internet marketing training programs.

Now, as you know from reading ETR, a customer is a better prospect for another similar product right after they make a purchase than if you wait weeks or months to contact them. Which means that the sooner you contact a customer to thank them (and offer them something else), the better.

So when the Web Copy Secrets sessions were over, I sent the 65 people who had initially signed up a simple postcard. When I say simple, I mean it. I did it with a service called "Amazing Mail" (amazingmail.com) that sends out color postcards for you. It costs about a buck each. (Of course, that’s higher than what it would cost to have postcards printed up locally and mail them yourself. But with this service, you can do it with just the click of a mouse. And you can do only one postcard, if that’s all you want.)

It was very cool. It took me about 10 minutes to get the 65 postcards out. I just picked one of their pre-done designs – one with a colorful ocean scene that said "Thanks" across the top. And then, on the back, I wrote this:

"Thanks so much for being part of the recently completed ‘Web Copy Secrets Mastery’ course. I really hope you got a lot out of it. In fact, I learned a lot just by moderating and interviewing all of our wonderful guests! :)

"Now, as a special thank you, I want to give you a discount on a terrific new product we’ve recently released, called ‘Yanik Silver’s Internet Marketing Secrets Exposed.’ It’s a 3-volume video set from my presentation at the sold-out, $4,995/per person ‘Internet Marketing Lab’ in Washington, DC.

"Here’s the special link for your $50 savings: XXXXXXXXXX

"Best, Yanik"

Could it be any easier?

I don’t think so. It cost me $65 to send out my 65 thank-you postcards. And I wound up making three sales for $750. Figuring in my cost to fulfill the product (the video set), I made about $625. That’s more than a 1,000 percent return on my money. Not bad for something that took me 10 minutes.

Ready to try your own thank-you postcard to make more sales? Here’s a little template any business can use…

"Thanks so much for {your recent purchase of ­­­­_____, taking part in _____, having your gutters cleaned, etc.}. I really hope you _____. {Say something about the benefit your product/service provides.}

"Now, as a special thank you, I want to give you a discount on a terrific new product/service we’ve recently released, ­­­­_____. {Give the name of the product/service, and add just a sentence or two about it.}

"Here’s how you can get your $XX savings: {Give instructions on how the customer can get the deal – by going to a website address, calling a specific number, etc. What action do they need to take?}"

Thank-you notes like this work well for several fundamental reasons.

First, they make your customers feel appreciated. By thanking them, you’re showing that you really do care about their business.

Second, thank-you notes that include a discount or other deal trigger a feeling of obligation in your customer. By giving them something (that’s for real), they want to reciprocate by buying something.

Finally, they work because of a solid direct-marketing principle: "A buyer is a buyer is a buyer."

Here are the five easy steps you can take to use thank-you notes to build your business:

  1. Right now, gather up the names of your best customers – those who just bought something from you. They are excellent prospects for another one of your products/services.
  2. Create a simple spreadsheet file with their names and addresses.
  3. Come up with a preferential deal you can offer them.
  4. Go to amazingmail.com and sign up for an account.
  5. Send these customers a simple postcard using the template above.
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Rev Up Your Sales With Theme-Driven Marketing

Wednesday, January 23rd, 2008

Since January marks the start of a profitable new year for your business, let’s work on your marketing calendar for the next 12 months. You see, nearly any event / holiday / celebration / milestone is an excuse for a promotion. And if you’re not taking advantage of that, you’re missing the boat.

Here are just a few ideas:

February: Valentine’s Day

  • "Give yourself the ____ you’ll love"
  • "We love you and want to do something special for you"

March: St. Patrick’s Day

  • "Make your friends green with envy with ____"
  • "Your lucky day"

April: April Fools’ Day

  • "These discounts are so low, my accountant thought this was an April Fools’ Day joke"

April: Tax Day

  • "I need your help to pay for my taxes" (Don’t laugh. This was a promotion my friend, Jeff Walker, used very successfully!)

May: Mother’s Day

  • "Mother always said you should ____"

June: Father’s Day

  • "As Dad used to say, ____"

June: Graduation

  • "Graduate to a new ____"

July: 4th of July

  • "Watch fireworks explode when you ____"
  • "Celebrate your independence from ____"

August: Dog Days of Summer

  • "Beat the heat with ____"

September: Labor Day

  • "Give yourself a break with ____"

October: Halloween

  • "Treat yourself to ____" (Halloween is a HUGE holiday – one of the best for running a promotion.)

November: Election Day

  • "Elect a new ____"

November: Thanksgiving

  • "Thank you to our best customers"

December: Winter Holidays

  • "Happy holidays – winter sale"
  • "Ho ho ho – Can’t beat the fat man, so we’re having a sale"

January: New Year

  • "New Year – New You/New Start"
  • "Get rid of last year’s inventory"

But even better is to create unexpected "anytime" promotions. As Dan Kennedy says, the number one sin in marketing is being boring. And online, it’s harder than ever to break through the clutter. One way to grab attention is to make up an "event" and really make it fun for your customers/prospects.

I’m talking about the "Any-Reason-Is-a-Good-Reason-for-a-Sale" sale.

This is the perfect way to pump up sales when things are slow, when you’ve hit a milestone in your business, or just because you need to get rid of inventory. There are tons of ways of doing this. A couple off the top of my head:

  • "Scratch & Dent" sale…
  • "Fire/Flood" sale…
  • "Need to pay my taxes" sale…
  • "Birthday or Anniversary" sale…
  • "My server crashed" sale…
  • "It’s raining out" sale… (I’m serious. A local taco place sends out an e-mail anytime it rains – since their foot traffic goes down – offering free chips and queso. Smart!)
  • "Boss is away" sale…

And on and on…

You can also use this approach to sell personal items in classified ads or through the Internet.

For example, when my wife and I bought a new house, some items were slightly damaged in the move. I put out a simple "Scratch & Dent" sale e-mail explaining the situation to my subscribers, and we sold everything in just a few days. Then, last year, I tried something a little different: the "Save Yanik’s Marriage Sale." The premise was that Missy, my wife, was really annoyed at me because our basement was overloaded with boxes. (Truthfully, she WAS mad – and made a big stink about it – but I embellished the story a bit.) It was another big success.

I’ve also done well with "personal milestone" sales for my business. I just did one when my first child, Zak, was born. That promotion nearly tripled my expectations. (It made $4.60+ for every visitor to my website.) More important, customers connected with me as a real person. You should have seen the dozens and dozens of "Congratulations!" notes. It was really cool.

There are a few big points I want to make sure you get from all this:

#1: Make your marketing fun.

Make people wonder, "What is this guy/gal going to be up to next?" Fact is, most of your prospects and customers probably lead fairly normal and mundane lives. If you can give them something to get excited about or allow them to live a little bit through what you do – you’ll have "hooked" them.

#2: Don’t let your theme or "fun" idea take away from the sales message.

This is critical! Big advertisers do this all the time, and waste their money. They try to use humor or something clever in their advertising… but ignore salesmanship. The fun or theme aspect of your promotion cannot stand on its own without well-written marketing copy. Bottom line: Don’t confuse being cute or clever with selling. There is a big, BIG difference.

#3: "Reason why" copy works perfectly for most of the events or themes you’ll create.

Most people will accept just about any excuse – even one as weak as a Presidents’ Day sale – for a special deal. However, if you combine the theme of your sale with real, meaningful "reason why" copy, you’ll make more sales… even if the reason is a bit contrived. Telling people the reason why you are doing something is one of the most powerful influencers of human behavior.

I hope this gives you some ammo to start thinking up your own promotions for the coming year and breaking out of the "ho-hum" mold of other marketers.

[Ed. Note: Yanik Silver , an expert on creating money-making websites, reveals one of the most profitable "hidden" Internet income opportunities around in the Secrets of Easy Internet Money series. And make sure you check out his new book, Moonlighting on the Internet: 5 World-Class Experts Reveal Proven Ways to Make an Extra Paycheck Online Each Month.]

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