Duct Tape Marketing Newsletter
 


DuctTapeMarketing.com
May 03, 2006 

In this issue:

Resource #1 - Marketing Workbooks and CDs
Resource #2 - Local Search Engine Business Profile
Main Article - Make Them a Referral Offer They Can't Refuse
Duct Tape Coaches
- Hire A Duct Tape Marketing Coach
Free Magazine - 4 free issues of PRWeek
Featured Reading -
Small Giants: Bo Burlingham
Featured Listening - Living With War - Neil Young

Business Week ran an interview I gave last week on creating a marketing system You can access the interview here

You can always view past newsletter issues here!


Featured Resource - 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


 

 


 

Resource - Get Local Search Engine Traffic

Don’t Let Your Small Business Get Left Behind in the Local Search Engine Game

Get your local business found online automatically by local prospects with a Duct Tape Marketing Local Search Engine profile. One of the best ways to get your business found in your town by local prospects. More


 


Make a Referral Offer They Can’t Refuse
Sometimes it's the clever way you promote your referral marketing system that can make the difference.

Sometimes your referral marketing effort just needs the right hook or offer to get people to pay attention and participate. Draw from my top 5 referral offer starters and think of ways to creatively wrap your business around one or more of them.

1) Offer special pricing

If you are looking for referrals from your existing clients, you can develop a special price for those clients who refer a set amount of new business. Then, when a new client asks what the price of a product or service is, you can respond, "Do you want the full price or the special referral price?" This encourages repeat business and can provide a strong incentive to refer on the spot.

2) Will work for referrals

If you can target a referral source that has influence with your target market, you can offer a trial service or product in exchange for an endorsement of your products or services, a testimonial or a place in the next association speaker panel.

Seek out the leaders in trade groups and organizations you would like to target and offer to perform a service or let them try your product free of charge. Get them to agree that if they like your product or service as much as you know they will, they will send a letter to the membership of the organization promoting your offer. Then write the letter for them.

3) Help a worthy cause

Donate a percentage of business acquired by way of referral to a non-profit agency. By offering to help a worthy cause, you can increase referrals while improving your community.

There are many variations on this referral strategy. You can make donations to a designated charity in your referral source’s name. You can allow your referral sources to designate a charity of their choice. If you have a product or service the non-profit agency uses or buys, you can donate that.

One of the hidden powers behind this strategy is that the non-profit agencies can become strong referral partners. If they benefit from referring clients, then they may be highly motivated to provide referrals. In many cases, non-profit agencies have loyal donors, board members, community activists and volunteers who would be happy to do business with a firm that was providing funding for the non-profit agency through a referral marketing program.

4) Give away gift certificates

Although the use of gift certificates isn’t a true referral marketing strategy, it can be great way to generate referrals. If you have a product or service that lends itself to this, you can provide your clients or referral sources gift certificates to use as a referral tool. The idea is that your clients would give the certificates to people they feel would enjoy receiving them. In most cases, these recipients would be new clients willing to try your service by using the certificate.

A consultant might give certificates for a one-hour evaluation assessment. The value of the assessment, if purchased, might be $150. It is important that the certificate communicate this value. Make sure that what you are giving has a high, perceived value.

A plumber could give free service call certificates at each stop and ask the client to hand them out to neighbors.

5) 100% refund for referrals

This is one of my personal favorites because not only is it a terribly powerful referral strategy, it presents such a strong offer that it can become a core point of differentiation.

In other words, the sales message is so strong, you become known for it.
In this strategy, you simply show your clients how they can receive a 100% refund on a specific purchase by simply referring five other people who become clients or make a similar purchase. (Again, you work out the numbers that apply to your business.)

The power behind this is three-fold.

It helps you land clients because people think, “What the heck, I can get all my money back,” and because it becomes a game for them. Structure your offer in such a way that they get a 20% refund (up to 100%) every time they refer someone. That way, they can keep score. It usually makes sense to put a time limit on the offer as well.

Another very important aspect of this particular strategy is that it has a viral component to it.

Anyone who can earn a 100% refund will talk about it. In addition, everyone who comes to your practice by way of this method will already understand the rules of the game and may very well be ready to play the day they become a client. So, that’s 5 x 5 x 5 x 5 and so on. You do the math!

Reread that last paragraph because it is true of just about any referral marketing strategy you create. That’s one of the reasons referral marketing is so powerful.

~ ~ ~

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, UK and Canada!) - FIND OUT MORE

The If you really want to take your business to the next level hire a Duct Tape Marketing Coach.

Duct Tape Marketing Coaches can offer you personal and phone based marketing coaching based on the Duct Tape Marketing Ultimate Marketing System.

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

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


Featured Reading

Small Giants -  Companies that choose to be great instead of big - Bo Burlingham



Burlingham explores what makes 14 companies that you may never have heard of great. He digs into the conscious chose the founders of these companies make to keep the mojo or buzz going without the traditional chase to get big.

I interviewed Burlingham, editor at large for Inc magazine, for my podcast site. Look for that interview to publish soon.

 

 


Featured Listening


Living With War- Neil Young


Regardless of your politics it's hard to argue that few people can pull of a protest album like 60s rocker Neil Young. Young recorded this album just months after last year's award winning Prairie Wind and clearly has an opinion of war, but instead of forced anger you get poetry and music with a clear message.



 


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

PRWeek 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