Duct Tape Marketing Newsletter
 


DuctTapeMarketing.com
April 12, 2006 

In this issue:

Resource #1 - Jigsaw - a sales lead marketplace
List Building - Lynda.com - Software tutorials
Main Article - Small Business Owners Need Different Goals
Duct Tape Coaches
- Duct Tape Marketing Authorized Coaches
Free Magazine - Successful Promotions
Featured Reading -
Guerrilla Marketing Research - Robert J. Kaden
Featured Listening - We Shall Overcome - The Seeger Sessions - Bruce Springsteen

Inc. magazine has an article online today that explores the notion of Low Budget, High Impact marketing. The Duct Tape Marketing blog is used as an example of using a blog as a low budget, high impact marketing tool.

You can always view past newsletter issues here!


Resource - Lynda.com - Online software tutorials

Lynda.com is a gold mine of software tutorials all set to Quicktime Movies in bite size chunks. A client of mine recently pointed this site out and I must say, I can't believe I never stumbled upon it previously.

Here how it works. You pay a monthly fee and can consume all the training you can eat on specific software applications like Word and Excel or on things like web graphics, CSS and HTML. There seems to be something for just about everyone, from the beginner to programmer. The courses are broken up into short lessons and you can also buy a complete 3 or 4 hour course on CD.

 


Resource - Solve the Sales Contact Puzzle with Jigsaw

Jigsaw calls itself an online directory of business contacts and company information. It's more like data meets eBay. Jigsaw users buy, sell and (this is a big one) maintain contact information on millions of executives and purchasing folks throughout America. Sales people and recruiters swear by the service.

The service is a brilliant example of a user created tool that gets better them more it's used. The data or list industry has been around for years and my experience tells me that Jigsaw may be a major wake-up for an industry perfectly happy with date error rates around 20%.Jigsaw motivates users to submit and clean the data on their system.

Users can simply pay for leads or buy them with points earned by submitting names and cleaning up names. Some users actually earn a little cash by submitting more contact data than they buy.

I interviewed Jigsaw CEO Jim Fowler for my podcast site.

 


Small Business Owners Need Different Goals than the Rest of the World

The line between business and life is so blurry and close for the typical small business owner that I think you need to approach goal setting in an untypical fashion. Forget about the silly notion of separating business and life goals. It’s not going to happen. No, what you need to do is find a way to marry the two and be at peace with that.

First off, you’ve got to decide that you love your life! Without that, goal setting is just a chore. So decide it and tell yourself that you love your life, your work and your reason for being. I’m serious – don't pass go without saying that - and then write down your goals for your vision for your business and the tactical, measurable steps or goals to deliver that vision.

Vision goals encompass your greater vision for the business and for your life. Questions like, “Where do see your business in five years?” are the genesis of vision-oriented goals.

Tactical goals are much more tangible. Factors such as number of new clients, revenue increase, or profit increase all fall into this category of goal setting. Once you come up with your short-term vision and tactical goals, you should find a way to communicate these goals to everyone in your organization.

Goals for your vision

I want to warn you that this next section may be some of the most difficult material you ever encounter from a marketing guy, but take it to heart and it may be the most fruitful. I know, I know, this is a marketing newsletter, and here I am getting ready to ask you what you want to be when you grow up. I just happen to think you'll never be a very good marketer without the passion that working on purpose brings.

If you’ve ever looked at your business and wondered why you are stuck in a rut, your answers to the questions I’m about to ask may actually be the key to getting you unstuck. So, turn off the phone, unhook from e-mail, and write the answers to the statements below on a sheet of paper.

• What will your business need to look like, act like, and be in order for you to achieve your most important goals in life? In one year? three years? five years?
• Describe the ideal experience/relationship you want your client to have with your business.
• Describe a perfect day at work for you.

Ok, now what needs to change for you to realize any of the pictures above? Your vision marketing goals should flow fairly easily from the answers to that question.

Tactical Goals

Unless you are an accountant, the thought of math may not be that appealing to you. This article does not attempt any foray into the inner workings of accounting, but I have found that, like it or not, your marketing success at many levels is tied to basic accounting principles. At the very least your tactical marketing goals should include projections for:

Revenue. For the most part, revenue is sales. Sales are good, and they keep the machine running, but they are not the entire picture of course. Your revenue plans must address your capacity to actually service the amount of business your marketing plan generates. Some people simply pick a number that is X percent above last year. If you have not done any type of goal-setting or marketing to support that goal in the past that may be your best approach. The primary point is to have a number that you are shooting for.

Profit. A sale without profits is a recipe for disaster. Many businesses fail to understand how to account for the expenses involved in their business and either price their products and services incorrectly or simply fail to make any profit. This is one of those places where employing the services of an accounting professional can be a very helpful thing! Work with your accountant to help you integrate the money aspects of your business into your marketing.

If your accountant doesn’t have an understanding of how to help you do this with reports that can give you snapshots of your marketing goals that relate to the accounting aspects of your business, then it’s time to find a new accountant.

Your Income. If you are the owner of the business or this business is the source of your income, then it stands to reason that you should set marketing goals tied to your income.

A surprising number of business owners never set any goals for the amount of money they intend to make. Without an income target, you are left to take whatever comes along. So how much money do you want your business to produce in the next year? three years? five years?

Further, you should set goals that are tied to your actual marketing tactics:

• Number of active suspects
• Free reports distributed
• Prospects generated
• Appointments made
• Prospects converted to clients
• First-time clients
• Website visitors
• PR mentions
• Referrals
• Business cards handed out
• Workshops presented
• Testimonials received

Don’t wait around until the New Year to do this. Do it now.


~ ~ ~

John Jantsch is a veteran marketing coach, award winning blogger and author of Duct Tape Marketing: The World's Most Practical Small Business Marketing Guide published by Thomas Nelson - due out in the fall of 2006

He is the creator of the Duct Tape Marketing small business marketing system. You can find more information by visiting http://www.ducttapemarketing.com

You may reprint this article in its entirety if you attribute the article to John Jantsch and include the information about the author above.


Duct Tape Coaches - Duct Tape Marketing Authorized Coaches - coming to a town near you (already spanning the USA and Canada!) - FIND OUT MORE

The first group of 11 Duct Tape Marketing Authorized Coaches met in Kansas City for their intensive training several weeks ago and left ready to change the small business marketing world.

These coaches will be the exclusive distribution channel for Duct Tape Marketing products and licensed to work with small business owners to implement the Duct Tape Marketing small business marketing system.

Look for the launch of the official Duct Tape Marketing Authorized Coach web site in several weeks.

The network of Duct Tape Marketing Authorized Coaches will become the recognized brand of small business marketing coach.

Next Group forming for training in July 2006! To be notified Email John Jantsch


Featured Reading

Guerrilla Marketing Research -  Robert J Kaden

I'm not big on academic research for the small business marketer, but I do know that small business owners would be well served if they better understood their clients, prospects and markets.

Guerrilla Marketing Research offers lots of ways to do just that without breaking the bank or participating in meaningless busy work.

If you are considering launching a new product, brand or service you should get this book first.

 

 

 


Featured Listening


We Shall Overcome - The Seeger Sessions - Bruce Springsteen

Bruce goes into the studio with a big group of musicians does takes of 13 traditional folk tunes inspired by Pete Seeger.

Amazon has a great video of the recording of John Henry.

The album is being released as a DualDisc - album and 30 minute behind the scenes DVD.

Tracks include:
1. Old Dan Tucker
2. Jessie James
3. Mrs. McGrath
4. Oh, Mary, Don't You Weep
5. John Henry

6. Erie Canal

7. Jacob's Ladder

8. My Oklahoma Home
9. Eyes On The Prize
10. Shenandoah
11. Pay Me My Money Down
12. We Shall Overcome
13. Froggie Went A-Courtin'
14. Buffalo Gals
15. How Can I Keep From Singing
 


Featured Resource  #1
The Duct Tape Marketing Small Business Marketing System




This complete small business marketing program contains 15 workbooks, 12 audios CDs - packaged in a Duct Tape Marketing 3 ring binder. This is the same tool I use to coach my clients. Find out more.

Featured Resource #2 - The Duct Tape Marketing System Workbooks

The Ultimate Marketing System individual workbooks and audios. 15 workbooks and 12 audios. Buy one or buy them all. $29 Workbook only/$39 workbook and audio. Individual Workbooks and Audio CDs

 

Featured Resource  #3 - Digital Version Now Available for Immediate Download


Referral Flood - How to generate a flood of new business without spending one dime on advertising


I just released a digital version that allow you to download the 125 page ebook as a PDF file and MP3 Audios. I also passed on the saving to you. The digital version is $79 (as opposed to $97 for printed version) + no shipping
 

Featured Resource #3 - Blog Lightning - How To Create and Promote Your Blog In A Flash

Drawing from my experience creating blogs, including my award winning Duct Tape Marketing Blog, I have launched a complete step-by-step guide that takes you by the hand and shows you exactly what to do to instantly create and promote a successful blog for your business.

You also get 14 video screencast tutorials that allow you to watch over my shoulder as I actually do the steps I outline in the system - It does not get any easier than this! -
Order Blog Lightning

Featured Free Magazine

Executive Magazines Subscribe to free publications on a wide variety of topics and industries

 

Duct Tape Marketing Podcast


Tune in each week as I interview some of the brightest business experts, authors and entrepreneurs. Subscribe and get the Duct Tape Marketing Podcast delivered to your iPod or other mp3 player.

Listen Now!

 


©2003-2006 John Jantsch • All rights reserved • 816-561-3931 • John@DuctTapeMarketing.com