Archive for September, 2008

A.L.O Technique — Use Testimonials

Monday, September 29th, 2008

A.L.O. is a term I coined (deliberately similar in style to S.E.O.) which stands for ‘Auction Listing Optimization’. It can be defined as ANYTHING you can do within the eBay environment that increases the number of buyers, or that prompts buyers to go directly to your website. Each month I discuss an A.L.O. technique that you can implement in your eBay business…

There’s a famous British comedy series from the 70’s that featured John Cleese (from Monty Python fame). It was called ‘Fawlty Towers’ and Cleese played a cantankerous hotel owner in a sleepy little seaside town in England. On one occasion a guest approaches Cleese’s wife to tell her that he’d had a very enjoyable stay. This was such an unusual occurrence that Cleese, who had been listening across the reception, muttered, “hmm, a satsified customer…we should have him stuffed.”

I love that scene, but in all honesty, you should be deadly serious about having happy customers, and that’s the topic of this ALO technique.

Every eBay listing you create should use testimonials (comments from happy customers).

In the marketing world we use the term testimonials, but it’s a jargon word that many people aren’t familiar with so let’s quickly define it: “a testimonial is a written statement of recommendation certifying to a person’s conduct, or to the value of a service someone has provided.” Why are testimonials so important? What Others Say About You is 1000 Times More Influential Than What You Say About Yourself!

On eBay we have an advantage compared with most other e-commerce environments. We have testimonials built-in to the buying process – it’s called feedback! Think about it. When someone gives you positive feedback, they’re actually giving you a testimonial. So first and foremost, every listing you create should include sample feedback from previous transactions. Don’t make people click away from your listing to view feedback, hand it to them on a plate right there while they’re reading abour your item for sale. It’s far more persuasive when done that way.

There are two ways to embed sample feedback in your listing. The first method is to use a tool such as Snagit screen capture software to grab a screenshot and save it as a graphic. Then insert the image into every listing.

The second way to do it is to use the following html code - simply paste it into your listing, making sure the editing option is set to view ‘html’ (you can’t add html to a document of text).

The code to enter is:

Where you see the small ‘n’ in the code, replace that with the number of recent feedback ratings you want to show, and eBay will do the rest. The cool part about that is that the feedback will be continually kept up to date automatically.

What else can you do? Manually type up comments you’ve received from happy customers via email or letter, and include those in every listing too. Remember to put the persons name and location for increased credibility. (ask their permission first and don’t give out personal info).

You can never have too many of these because they are far more powerful and carry more weight than anything you could say. When others say how good your products and service are, that provides a powerful motivation to buy.

A word of caution. NEVER use the word ‘testimonials’ in front of your audience on eBay or anywhere else. It means nothing to the average buyer. In your listings, instead of using the word ‘testimonials’, use the phrase, ‘What Our Customers Say…’ or ‘I Couldn’t Have Said it Better Myself’. Can you see how much better that is than ‘testimonials’?!

The next step on from that is to setup a telephone service where your customers can call in to leave you a testimonial by phone. There are many inexpensive and easy to use services such as www.auctionaudio.net, that allow you to incorporate audio testimonials in your eBay listings. Those messages are the ultimate credibility because it is far more persuasive to hear another person rave about you than to read their comments. The key lesson? Use testimonials.

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The BIG Lesson of the Month - Sell With Personality!

Friday, September 26th, 2008

When we have friends around for dinner, my wife loves to bring out a personality test book called ‘Please Understand Really great book by the way. It’s a series of questions that result in you being classified as a very specific personality type. Before the first time I took the test, I had no idea there were specific personality types, and it’s really freaky how accurate the test is in identifying who you really are. You keep thinking ‘how could they know so much about me?!”

In this particular test I came out as a ‘mastermind’ type, which apparently means that I like cooking up ideas in my marketing lab and then I get quickly frustrated when other people don’t follow my instructions. Sounds about right.

All of this leads me to bring up a topic that’s not just a BIG lesson, it’s a JUMBO lesson of gigantic proportions.

Do you know what the ultimate marketing sin is? There’s all kinds of possibilities, (and I see lots of contenders on a daily basis) but I’ll let you in on the ULTMATE marketing sin. The ultimate marketing sin is being boring! Yep, that’s right. There’s no excuse for not amusing your customers while you sell.

Let’s face it, we’re all overloaded with, stress, health problems, bad news etc, so it’s a breath of fresh air when we can smile or laugh. Whoever said that marketing had to be dull? Seems like that’s the standard most people go for, so it’s really not that difficult to do better.

Note that we’re not talking about telling jokes or making the humor the main focus. It’s simply about one word: personality. Everyone has personality *(as we’ve seen) -

some are more interesting characters than others, but we all have personality. So why is it that as soon as someone tries to write an eBay listing or a website sales letter, they suddenly go all formal?

People relate to other humans, not unnatural sounding corporate style messages that have had all personality sucked out of them.

Exhibit A shows a sample signup form for the Digg online community. Don’t worry if you don’t know what Digg is, it’s not important. Okay, I’ll give you a brief explanation. – It’s a website that allows people to let others know when they’ve come across an interesting article or video.

We’ve all seen signup forms like the one shown, we’re very familiar with them. But Digg made it fun to enter your details. They entertain and amuse while you go through what’s normally a very boring process.

The best way to see how the form works is to go and sign up yourself (click on ‘Join Digg’ at the top of the website (www.digg.com), but for now I’ll walk you through the bits that caught my eye.

Firstly, when you;’re asked to select your gender, rather than the traditional ‘male/female’ choices, Digg offers:

Guy

Girl

Dude

Lady
Fellow

Bird

Chap

Grrrl

Gentleman

Damsel

Transgender

None of the above


Being British, I chose ‘chap’ of course.

Further down the form, there’s one of those boxes where you have to copy the characters you see on screen, into a box. Instead of the usual warning along the lines of ‘for security reasons we need you to enter the code..’ on Digg we’re simply asked, ‘Are You Human?’ which gets right to the point in a friendly way.

Isn’t it amazing that with hundreds of thousands of web forms out there, I only just came across one that entertained me? I think there’s room for improvement, don’t you?

Now, I hate to be hard on you but I have to share some rules with you about personality:

Rule 1: Don’t try and be all things to all people. In other words, you can’t please everyone, it’s impossible. The very act of injecting personality means that you’ll alienate some customers who don’t like your style. That’s fine, it’s better that way. By contrast, the plain vanilla, corporate middle-ground alternative is not where you want to be if you want to get noticed.

Rule 2: Don’t try and be someone who you’re not. Your favorite comedian might be Steve Martin, but there’s only one Steve Martin. The same thing can be said of any well known entertainer. If buyers believe you’re just trying to copy a well known personality, you’ll lose them. The best way to start is by exagerating your natural qualities. Inject the kinds of things your friends like about you. Joe Polish, advisor to the carpet cleaning industry came up with a little acronym called ‘ELF’. He’s always asking people if they have an elf business. Then he explains: easy, fun and lucrative. That fits with Joe’s personality very well.

Rule 3: Ironically, this rule is to break the rules of grammar. Your English teacher isn’t here to rap your knuckles anymore, and your customers will respond better to a plain talkin’, straight shootin’ style than a dull corporate memo from head office. Memo schmemo. Marketing is supposed to invigorate customers into life, not send them to sleep.

Rule 4: Always remember your aim is to sell. Don’t let the personality take center stage over the message. And don’t go off on tangents that divert the attention of the reader from the main aim of – getting them to buy from you. Also, stay away from off color, crude language that will offend many. Bad language isn’t funny to most people. Sorry, that was more like a bunch of last minute, extra rules - not one rule - wasn’t it?!

Note that you can also make your product into a character and use that as the personality. Think of the Energizer bunny, the Budweiser frogs, Kellogg’sTony The Tiger and so on.

All of this advice applies to your eBay listings just as it does to any other selling environment. People are people. Businesses don’t buy anything, people do.

Get creative with how you present yourself and your products., don’t be afraid to take some risks. I think you can see by now that buyers respond to REAL people, and if you can throw in a hint of wackiness then so much the better.

Will it take work to inject personality in your marketing to create character,? Yes, of course. But like any skill, it’ll become a valuable asset in your business, and you’ll jump light years ahead of your competitors.

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Bids and Pieces - Are You Using Video Yet

Tuesday, September 23rd, 2008

I’ve been preaching for a looooong time about using video in eBay listings. It’s really easy to do (yes, even if you’re not a geek) and it’s persuasive. If you want to sell more, using video is one of the best things you can add to your listings or your website. If you wanna’ see a really cool application of video on the web, take a look at www.hotswap.com – it’s a site that allows people to sell their used cars by posting a high quality video of the vehicle. The user interface is intuitive and fun, and it’s remarkably easy and fast to find the kind of vehicle you’re looking for. At that point, you can view a user made video to get a tour of the car, inside and out.

Currently, about ¼ of used car sales in the USA are carried out online, a figure which is sure to rise further.
HotSwap uses the slogan ‘seeing is believing’ to tie into their use of video throughout the site, and in doing so they raise a very valid point. Seeing IS believing. In other words, buyers are far more likely to pursue a car that they’ve ‘viewed’ (albeit virtually) than a similar listing with only photographs or worse, just a description. Also, any seller that takes the trouble to create a video can be thought of as a serious seller, they’re someone who spent some time to showcase the car.

Does your industry lend itself to using video to win buyers confidence, especially if there are competitors who are ignoring this useful medium? Online video is not going anywhere. You can embrace it now voluntarily or be forced into using it down the line. Surely it makes sense to forge the way in your industry and be at a competitive advantage than to try and play catch up when it may be too late. Oh, and I don’t want to hear the ‘but my business is different’ excuse. If you REALLY believe your business is different, we need to talk…

Success Story from Jeff Sauers

This message came in from Jeff Sauers, a subscriber from New Jersey, USA:

Hey Andrew! I already have a great success story for you by using some of your tips. First, I want to tell you that I received this month’s newsletter today and was really blown away by this month’s tips. I especially loved the interview with Debbie Levitt. Great job (as always)!

Here’s the success story: A couple of months ago, my wife won four New York Jets football tickets at work along with a prepaid parking pass to the season opener against one of their arch rivals in the Meadowlands. I live about 1 1/2 hours away, but had knee surgery recently and I’m still not allowed to walk that much just yet. Of course, we decided to put them on eBay.

I used some of the advice you give such as using the right keywords in the title, a powerful headline, emotional body copy, a subhead, etc. We didn’t offer a ‘But It Now’ option, but my wife wanted to put a reserve price in just to be safe (which was easily met).

Now, I knew the tickets would sell and I had an idea about the approximate amount we should get - being that I’m a football fan and former Philadelphia Eagles season ticket holder myself - but even I didn’t think we would get as much as we did. Just last night our auction ended and we got $825! I thought it would be in the $600-$700 range.

But here’s the part you’re gonna’ love - even other sellers who also had four tickets plus a parking pass in sections equal to ours didn’t get nearly as many bids or sold their tickets for the amount we received!

I simply used just a few of the tips you teach and netted a nice profit and blew away even professional ticket sellers. Thought you would enjoy that success story.”

Congratulations to Jeff on netting such a nice profit. I can only encourage you, the reader, to follow Jeff’s path. Jeff easily paid for his entire annual subscription with this one transaction.

I defy anyone to disagree that they couldn’t have done the same. I outline the steps for you and add to them in each issue with the latest breakthroughs, discoveries, and sometimes sneaky techniques, but it’s up to you to take action. Take action and cool stuff will happen in your life. Sit back and do nothing, and guess what’ll happen? That’s right – nothing! Again, I wholeheartedly applaud Jeff for taking action…

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Airport Anarchy

Saturday, September 20th, 2008

I’ve had it with airport security staff. I’m convinced that many TSA workers take some kind of sadistic, ‘power hungry’ delight in dominating innocent travelers. I’ll tell you about 3 incidents that may or may not shock you. Luci and I were travelling a day or two after the announcement about the restrictions on carrying liquids, gels and aerosols had first been made. I had a small tube of toothpaste in my hand luggage which was removed by a TSA employee. He told me about the 3oz limit. Puzzled, I pointed to the label which clearly showed: ‘1.6oz’. “It’s under 3 ounces” I said. The carefully thought out reply was: “well, you can’t have it.” “Why not?” I said. “Because it’s not in a clear, quart size, zip-top approved clear plastic bag” came the response.” “How does the bag change it?” I asked, realizing I was pushing it but I was also genuinely puzzled. “The bag measures the total quantity of liquids you’re allowed to take” said the officer (or whatever they like to call themselves). I couldn’t help myself, I blurted out, “but, it’s obvious that my mini tube of toothpaste would fit 10 times into a bag like that!” The reply: “I’m sorry sir, that’s our policy” Just at that moment, a fellow passenger came through behind us and she’d obviously heard the ‘exchange of words’. She passed me a clear bag, a spare. I thanked her, opened the bag up and gestured with my head for the TSA guy to drop the toothpaste into it, which he did. “Okay Sir, the toothpaste is safe to go now.” So the act of placing the tiny tube of toothpaste in a clear bag suddenly made it approved. Without that bag it would have been confiscated because they couldn’t be sure it was under 3oz and within the total allowable volume allowed. That was incident number one.

Next, Luci and I were going through LAX recently and the TSA guy who stood behind the ‘archway’ metal detector was shouting instructions to passengers waiting to go through. “Listen up. Hold your boarding pass with both hands against your chest, directly below your chin, as you walk through.” I’m not kidding. As we were waiting patiently for the line in front of us to clear, a guy failed to follow the ‘required’ position for his boarding pass, simply offering to hand it to the guy instead. Guess what happened? He was sent to the back of the line like a naughty school boy. We could hardly believe our eyes.

Now incident number three. The very next week I was passing through St Louis airport and as usual I unloaded my laptop into one of those grey bins, along with my shoes. Because my laptop is so small, the two items fit in one bin easily. A TSA employee told me to remove the laptop and put it in a separate bin.

Before I tell you what happened, you should know that in the past year I’ve travelled through more than 22 different airports and have never been asked or required to do that, so I politely showed him that there was nothing touching the laptop, it was completely isolated from any other objects, and he interrupted me to repeat the same order in an even sterner tone. I complied with a slight rolling of my eyes to make my point of how ridiculous this was. His response was: “DO NOT ROLL YOUR EYES AT ME, YOU MUST COMPLY WITH OUR ORDERS.” Give me a break.

By pure coincidence, I tell you this at the exact time when TIME magazine issued a survey that revealed TSA agents have a shambolic record of detecting fake bombs in blind tests.

At LAX, 75% of simulated explosives were missed by TSA screeners. At Chicago O’Hare the figure was more than 60%. Can you believe those figures? They should scare you.

By contrast, at San Francisco, which employs privately hired and trained screeners, only 20% of fake explosives were missed. Obviously that’s still not good, but the comparison speaks volumes about the state of the TSA.

I realize that security is a serious issue, and although it’s an inconvenience when you fly, it’s obviously necessary. What I object to is the power trip that many TSA screeners seem to be on, feeling that they can do whatever they want, making unreasonable demands on passengers seemingly for their own amusement or perhaps because they don’t understand what it means to be discerning and reasonable.

Like so many frequent travelers, I’m educated and responsible, and I object to being treated as described by someone who derives pleasure from dominating innocent passengers.

I’m not saying they’re all bad, in fact I’ve met some extremely efficient and pleasant TSA staff, but the ridiculous actions of a few are giving the group a bad name, and if you consider the news report about their efficiency, there’s no silver lining to be seen. They’re hopelessly inefficient as an organization, and they can be manipulated. For example, explain to me why it’s now okay to take a lighter on board, and books of matches? Last time I checked, they produce fire. Really, the TSA should be saying, “the tobacco lobby successfully got us to lift the ban on lighters.” So now they’re saying ‘lighters are not a serious threat’ but apparently toothpaste, shampoo and water are? I’m no expert on aviation safety, but I’m not stupid either. I know what I see.

As you can probably tell this is a subject that gets me worked up. I hate corporate bureaucracy, inefficiency, and misuse of power by those in positions of trust.

There is a lesson here for all of us. Examine your own business to see if there are any areas where processes or procedures irritate your customers unnecessarily. Every business needs procedures, but are there rules or regulations that are outdated, inefficient, or need reviewing? If you have staff that interact with customers, are they consistently friendly and helpful even if their work is potentially confrontational, such as having to collect customer debts? In your eBay listings, do you penalize the majority by having a long list of ‘I will not tolerate x,y & z, because of the bad actions of a few unethical or devious buyers? Are customers treated as guilty until proven innocent, or innocent until proven ‘guilty’? These things matter. I know a number of people who now refuse to travel by air because of the TSA chaos. Don’t allow your business to be boycotted in a similar way. It’s entirely avoidable. There you go, end of rant.

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Renegade eBay Strategy– The Unexpected Gift

Wednesday, September 17th, 2008

Something happened last month that NEVER happens to me. I opened a package from an eBay order to discover that not only had the item been superbly packed with ample bubble wrap to protect the contents, but there were a bag of M&M’s sitting on the top of the bubble wrap. I whipped out my camera so you could see what I saw. Here it is:


The gift was so unexpected that it caught me off guard. I teach this stuff, and it still caught me off guard. Why? Because it never happens! Think about it. When was the last time you received a package that contained a special gift, something special that you didn’t order and were not expecting? I’m confident that most if not all readers will have to think long and hard about that one.

Anyway, I was so taken aback that I later analyzed how I had felt when I opened the box. What surprised me was that even though I teach people to include a gift, when I opened this box, I had a grin from ear to ear, I had a smile on my face, and my opinion of the seller skyrocketed. I thought to myself, ‘what a kind and thoughtful gesture, this company obviously values my business.’ That reaction I just described should make you think very carefully.

If a simple gift like a bag of M&M’s could elicit such a powerful response from ME, when I TEACH this approach, how much more effective it must be when directed towards ‘normal’ buyers.

This begs the question, what are YOU doing for your customers that’s unexpected? Do you send out a free gift with every order?

What kinds of things can you sell if M&M’s aren’t appropriate?

Magnets, pens, keychains, calendars, mousemats, and cookies are all good options. Some of those items can even be branded with your businesses details, to further promote your products or services long after the sale.

I know of one seller of movie DVD’s on eBay who includes a free bag of microwaveable popcorn with every order, without letting customers know. The gift is completely unexpected.

Would YOU order again from such a seller? Of course you would!

Most people are short-sighted to only look at the up-front cost of buying items like this. If only they realized the lifetime value of each customer that results from using gifts with orders.

Renegade eBay sellers use free gifts to provide an outstanding customer experience.”

Like I said before, because no one does it, it’s a HUGE deal for customers. They feel special, valued. They’re FAR more likely to order from you again, and they’re FAR more likely to be a loyal customer. An experience like this sticks with the customer, they remember. It’s sad that what we’ve reviewed here is a ‘renegade’ (unconventional) strategy. It shouldn’t be.

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Sometimes It All Just Goes Wrong

Sunday, September 14th, 2008

If you’ve been in business for awhile, you’ll have experienced occasions when everything goes wrong. Despite your best efforts, circumstances beyond your control conspire and some of your customers have a bad experience.

What do you do? Bury your head in the sand? Leave the country for a couple of weeks? Change your phone number?

Well, you could, but that won’t solve the problem.

Earlier this year, one of the most popular airlines in the USA, JetBlue faced such a dilemma, and we can learn a lot from how they dealt with it.

What happened? Well, there were some major weather problems which had a knock on effect at JFK airport in New York, until the airline experienced a major melt-down.

Many hundreds of passengers were stuck on airplanes for as long as 11 hours, without going anywhere. And apparently the subsequent effects continued to be felt for about a week, with countless flights badly affected.

The news media latched onto the story like a bulldog and they wouldn’t let go. That meant that the airlines woes were VERY high profile.

What did they do?

The passengers who were stuck on planes for many hours on the ground were in constant communication with the captain of the plane, who kept them fully informed. Also, when it was clear that the problem was serious, they were immediately informed that they’d receive a full refund of the price of their tickets PLUS a free round-trip ticket for future travel on the airline. It’s worth noting that that gesture went far beyond their legal obligation, most airlines won’t do anything for you under similar circumstances surprisingly enough.

Also worthy of imitation was the companies swift email response to their entire customer database. They didn’t shy away from the issues or try to cast blame on other factors (like most airlines do), but they took full responsibility for the shambles that had occurred, and promised to implement immediate drastic changes to try and prevent it from happening again.

JetBlue also gave specific information. They didn’t try to blind customers with jargon or airline industry lingo in the hopes of trying to confuse passengers, but rather they openly talked about the circumstances that led up to the delays, and explained how they had already hired more staff to cope better in the future.

The email from the airlines CEO, David Neelman, started with:

We are sorry and embarrassed. But most of all, we are deeply sorry.”

What an unusually frank and honest response! No passing of the buck, no excuses. They took full responsibility AND said sorry.

I have a lot of respect for JetBlue for their actions during this period, and personally I’m still happy to fly with them. Their honest response and apology was appreciated by their customers because they’ve not experienced any major fallout from that incident, or since.

The lessons here should be obvious to you. When things go wrong, customers don’t care who’s to blame, and it really shouldn’t matter. If it was a supplier, take the issue up with them, but don’t get the customer involved.

Don’t fall into the trap of casting blame anywhere but at your own doorstep. Ensure that your employees have the same mindset, too. Everyone needs to be attuned to taking responsibility and wanting to fix it when something goes wrong.

When you make a genuine apology and fix the mistake, customers appreciate it. Sometimes, they become more loyal because they saw how you treated them.

Like all businesses, we screw up from time to time. But we do try and adopt the attitude that every customer is important to us, we will take responsibility for our mistakes, and we will make it right. I encourage you to do the same.
And don’t just deal with the symptoms, fix the root cause of a problem whenever possible to prevent the same thing happening again.

Customers are generally very tolerant of mistakes, but they can’t be expected to tolerate the same mistake over and over again.

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If You Only Read One Column, Read This One!

Thursday, September 11th, 2008

In the March issue of this newsletter, I featured an interview with Jeff Johnson, a very smart marketer who’s a good friend of mine.

I enjoyed this interview very much, and even though I‘ve heard Jeff speak many times, I took away some tips that have made me many thousands of dollars in profit since then.

I raise this subject because I want to remind you that I’m absolutely certain that ANYONE that reads each issue and listens to the audio interviews will have at least one full sheet of action points they can apply in their own business EVERY MONTH, regardless of whether they’re currently selling on eBay or not. BUT The Key of course is, TAKING ACTION!

This newsletter was never meant to be about eBay exclusively. It’s about MARKETING! Yes, the area that I most commonly apply the techniques to is eBay, but eBay is just a tool. It’s not the be all and end all of any business, it’s just a tool.

Anyway, back to Jeff. ONE tip that Jeff gave was to scan USA Today, or your national newspaper every day. It takes about 15-20 minutes. Why did he say to do this?

  • You’ll discover the very latest hot topics that people are talking about

  • You’ll see ads that companies have spent a LOT of money on (and that you can ‘borrow’ elements from)

  • You’ll see firsthand what subjects a large percentage of the population are being influenced on (a national newspaper has substantial influence)

Let’s get into some specific examples. In the exhibits pages you can see three clippings from just two issues of USA Today. Exhibit A was a full page ad. Now, you don’t need to be a brain surgeon to figure out that a full page ad in a publication like this costs A LOT of money. Ridiculous amounts of money. So they deserve our attention. This particular ad uses PROVEN direct response techniques, and it’s a SUPERB model to follow for an eBay listing using my H3 system, for lead generation. In this example, they use a free report called ‘The 8 Biggest Mistakes Investors Make (And How to Avoid Them!)’ to HOOK people who are interested in investing.

Once someone has requested and read the report, and they view you as a trusted advisor, it’s EASY to sell them what you really want to sell them. In this case, it’s portfolio management. Now look at this is usually done - the conventional approach is to place an ad for portfolio management. The response will be low, low low. Why? Because people HATE being sold to. You MUST turn your marketing efforts from pitching to helping. Help first, THEN offer your paid solutions once you’ve gained the rapport and trust of the prospect.

Now, I’m deadly serious when I say this ad can be used as a model for your business.

It has all the components you can use to create an eBay listing that hooks potential customers. There’s a powerful, interest arousing headline that calls out to the right target audience, there’s a compelling, irresistible offer of a valuable report, there’s fear of loss, agitating a problem, and I could go on and on. Basically, the reader is left with the feeling that they’ve gotta’ read this report.

The headline is perfect for just about any business:

The 8 Biggest Mistakes___________Make
(And How to Avoid Them!)”

Simply fill in the blank with your industry, follow the pattern of he sales letter in the ad, create a 10-12 page PDF report with clear instructions of ‘what to do next’ at the end, and voila, you can hook customers on eBay for what you REALLY want to sell them on the back end.

Exhibit B contains yet another sales page that confirms the effectiveness of the concept. It’s remarkably similar in style to the previous example, and trumps it in a couple of ways. There’s multiple ways to respond, AND it includes testimonials. Notice that although this is still a lead generator, hook, they’re charging $49.95 for it, no doubt to get customers who realize the value of the information.

Lastly, I’ve just about got enough space to mention Exhibit C. These clippings are from two editions of USA Today. They’re a front page feature called ‘snapshots’, but they’re really surveys. From the first one about ‘pets and the net’ I learned that reptile owners NEED information products and that they’ll buy them online. Ready made business for you. Read the blurb on the exhibit page for my prediction about this idea…

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A.L.O Technique - Audio Messages in my eBay Listings

Monday, September 8th, 2008

A.L.O. is a term I coined (deliberately similar in style to S.E.O.) which stands for ‘Auction Listing Optimization’. It can be defined as ANYTHING you can do within the eBay environment that increases the number of buyers, or that prompts buyers to go directly to your website. Each month I discuss an A.L.O. technique that you can implement in your eBay business…

I’ve been using audio messages in my eBay listings for years. I can’t understand why anyone would not use this technology to improve their marketing.

I’ll explain why should you include voice in your listings?

For one thing, whether we acknowledge it or not, we all crave human interaction on some level, even online. When potential customers hear a warm, friendly, helpful tone, that helps to persuade them to buy from you.

Having a message play automatically when a customer loads your listing (or website page) also helps to ‘hook’ them or draw them in. Few people will click away while a message is playing - they want to hear what you have to say.

Audio messages also give you another way to describe your product or service effectively. We all respond to different methods of communication differently, so it’s wise to include this option that will appeal to a proportion of buyers.

And if you really believe you’ve got nothing worthwhile to say in describing the benefits of the item, or the benefits of buying from you (which I find hard to believe), why not consider using an audio message of compiled customer comments, so new customers can listen to other ‘real people’ heaping praise on your product, service, or even your customer service. That’s very powerful! Incidentally, if you’re concerned about HOW to do this, don’t worry. Honestly, it’s very easy. If you can copy and paste, you can do it.

The tool that made it super easy for me is called ‘AuctionAudio.net’ – it’s a website with step by step instructions on exactly what to do. You can even call a telephone number they give you to record your message.

You should script your message carefully. You only get one shot at persuading potential customers, so don’t leave it to chance. But when you read the script, make sure it sounds natural. That may take some practice.

Some people go as far as having a professional voiceover artiste record their message, but I advise against that on eBay. Why? Because it goes against the spirit of eBay, which is to champion the little guy and shun the big corporations. However, by all means use a professional for your website. Visitors to your site expect a clear, quality voice. I’m not saying it should be slick, but it shouldn’t be amateurish either.

Have a listen to the audio and video clip on my website: www.andrewlock.com – the voice was provided by the wonderfully talented John Melley. He’s amazingly versatile (he can do any style of voice you throw at him) and he’s a delight to work with – see www.johnmelley.com

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How To ‘Up-Sell’, ‘Cross-Sell’, & ‘Bump’

Friday, September 5th, 2008

Don’t worry if you don’t know what those terms mean. That’s why I’m here. And if you do know what they mean, I bet you’re not using them all in your business, so consider this ‘slapped wrists’ time.

Up-selling, cross-selling, and bumping are all terms that describe different ways of extracting MORE money from a customer AFTER they’ve already committed to buy a basic item.

You see, it’s important to understand that when people are in the mode of buying, they are highly open to suggestions to buy more! This is particularly the case when the offer is in some way related to the original purchase, AND even more so if the offer appears irresistible.

The best way of illustrating these marketing techniques for you is to refer you to McDonalds, the most ubiquitous fast food restaurant in the world. They’ve had plenty of time to perfect their sales process, and they sometimes manage to get all three techniques into a single transaction, which is very impressive.

Learning from ‘The Ronald’

So let’s say you order a McDonalds meal. The aim of an upsell is to get you to expand your current purchase, to spend more money, so the server might suggest that you ‘upgrade’ to the large size, ‘the biggie’, or the ‘supersize,’ for “just 50 cents more”. The upgrade fee seems small in comparison to the initial price, so it’s a very persuasive offer. In other industries, anytime you’re offered a choice of ‘bronze, silver, or gold’ options, or any named packages, that’s an upsell.

Starbucks has ‘Tall, Grande, and Venti’ sizes of drinks. They’ve done a good job of positioning the ‘grande’ as the ‘standard’ option, which is actually an upsell from the ‘tall’.

A common trick with naming options is to refer to the lowest price package as ‘basic’ or ‘standard’. In other words, very plain names. Then the upsell options are named much more exciting and appealing, such as ‘platinum’ or ‘premium’. Few people want basic, we tend to want the best.

If the value proposition is a good one, then it’s relatively easy to make a powerful case for an upsell. In other words, as a customer, if you see that you’re getting twice the amount of ‘stuff’ for just a 30% increase in price, then that’s obviously a better deal.

Other examples of an upsell would be a faster computer than the one you initially selected, a gym membership with a personal trainer rather than just the ‘basic’ plan which only includes the use of workout equipment. It could also be a cell phone plan with more minutes than you originally planned to buy.

Back to McDonalds. The employee then says to you, “would you like with that?” That’s the cross-sell. By the way, when they ask me that, my natural instinct is to blurt out something like, “do I look like I have some disability that would prevent me from asking for fries if I wanted fries?” But I don’t say that, I hold myself back…

So the question, ‘would you like fries with that’ is a cross-sell. They’re asking if we’d like to ADD another item to our purchase.

A cross-sell item is almost always at a lower price point than the original item, and that’s deliberate. Why? The decision should seem easy.

Another example of a cross-sell is when someone offers you an extended warranty to go with a new household appliance. We’ve all been in an electronics store and been offered the opportunity to take advantage of ‘extended coverage or protection’ at the time of purchase.

Amazon.com do a great job of the cross-sell. They always offer compatible items that other customers purchased. That’s a cross-sell.

If the customer agrees to the cross-sell, the ‘bump’ is where they’re offered a special ‘upgrade’ deal on what they’ve already committed to. For example, if a cross-sell is for an apple pie at McDonalds, the employee might offer ‘another dessert for just $1 more if you buy it now.’ Or, ‘three apple pies for just $1 .50 more.’

Taking another example, if you had committed to, say a 2 year extended warranty on an electronics purchase, the bump would be to offer 5 years “for the price of the 3 year plan” or something similar.

The point is, a bump has to be perceived by the customer as an irresistible offer. They should reason to themselves, ‘I’d be a fool to pass this up.’ In a way, it’s the upsell to the cross-sell, if that makes sense.

Of all sales devices, the upsell is the most well known, but very few businesses employ it. The other two, the cross-sell and the ‘bump’ rarely get a look in.

What about on eBay? Is it possible to utilize these clever techniques? The ‘other items from this seller’ box that appears below many listings are really a cross-sell opportunity. The upsell can also be achieved by pointing out the benefits of a premium version. The bump is a little more difficult, but once the customer is yours, you can offer a special deal on future purchases. Hopefully the examples in this article will trigger some further thoughts for you.

Why employ these devices? Because they take very little effort, and they can substantially increase your profit. If a company offers a 1 dollar upsell and they get 120 customers a day to agree to it, that’s an extra $31,200 a year! And what was the cost of offering the upsell? Zero. A few seconds of someone’s time.

Coming back to the McDonalds example, ironically, despite the way their selling system has been tweaked and perfected over the years, it still falls down in one crucial (and basic) area in a BIG way.

Can you guess what it is?

One word. Employees. Even though they’re trained to maximize every sale, the implementation is not consistent, as you’ve no doubt observed. You can’t count on being asked EVERY time, can you? So the lesson there is, you can have the best sales system on the planet, but it’s useless unless it’s put into action consistently and reliably.
Another danger to be alert to is in overly pushy sales people. No one likes an obnoxious, forceful salesperson where you feel like you’re having an arm twisted to ‘comply’ with their wishes. Remember, in that kind of situation, the value of the offer should speak for itself. If you have to do a lot of selling then it’s not a good enough offer.

Lastly, be sure that when an upsell is offered, that the customer has a great experience with your company. If the employee is half-hearted, just going through the motions, and seems as though they’re simply reciting a script, then few customers will respond to that.

The secret key to using all of these techniques effectively is….

To assume.

What do I mean by that?

Assume that the customer will take advantage of your offer. Be confident. Try and convey that MOST customers take the upsell, cross-sell or bump. It’s the normal course of action.

Present the offer in a low key, ‘by the way’ type of fashion. Say something like, “I almost forgot to mention’ so the customer feels like you’re doing them a favor in getting a better deal for them.

By contrast, if you make it seem like a big decision, to be thought about carefully, guess what customers will tell you? They’ll have doubts and won’t respond positively to the offer.

I urge you to look at ways to implement these powerful selling options in your business. If necessary, phone your customers to offer them these options, or figure out a way to interrupt the usual sales process to make these important offers. And remember that lots of relatively small amounts DO add up, and they can be surprisingly profitable.

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HAVE A BRIGHT IDEA?

To comment on this or any other article in this newsletter, or to suggest a topic that you’d like discussed, please email us at: support@renegadeauctionseller.com. We’re always pleased to hear your suggestions and comments.

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What Do Customers Really Want?

Tuesday, September 2nd, 2008

It’s very easy for us to have blinkers on with our own business, so much so that we can fail to see really IMPORTANT issues that come along. This is one of the reasons I’m such a fan of mastermind groups. When you meet in that environment with other like‐minded entrepreneurs, you get numerous fresh sets of eyes on your business, and they’ll ALWAYS find important issues that you would have otherwise overlooked.

Dan Kennedy, my mentor, taught me a very powerful lesson. In a moment I’ll share it with you and I’m sure it’ll make sense to you, and be logical, but I guarantee you that you’re making the mistake in your own industry. How can I say that? Because we ALL do, to some degree.

The mistake is in failing to realize what customers really want.

For example:

  • If we’re in the cinema industry, we think that we’re in the business of selling movie tickets.

  • If we’re an author, we think that we’re in the business of selling books.

  • If we’re a web designer, we think we’re in the business of creating websites.

  • If we’re a consultant, we think we’re in the business of providing consultancy services.

  • If we manufacture and distribute hair care products, we think we’re in the business of selling hair care products.

In every case, we’d be wrong. VERY WRONG! We MUST focus on the SOLUTION we provide rather than the METHOD USED to provide it. In other words, ask yourself, “what’s the END RESULT when someone uses my product or service?”

So let’s revisit the previous examples with this in mind. Look at the business we’re really in:

  • If we’re in the cinema industry, we’re in the business of providing inexpensive entertainment.

  • If we’re an author, we’re selling valuable knowledge

  • If we’re a web designer, we’re in the business of creating a way for a business to get and keep more customers.

  • If we’re a consultant, we’re in the business of helping others to achieve higher sales and productivity.

  • If we manufacture and distribute hair care products, we’re in the business of making people look good.

Hopefully you get the point. This is SO important; I really can’t stress it enough. Not doing this is a fundamental mistake that most businesses make. They usually focus on the product or service rather than the RESULT it achieves.

When you fully grasp and embrace this point, you’re business will grow MUCH faster.

A useful phrase to assist you in finding out what you really do, is to say to yourself ‘I help people…….’ and then fill in the blank. That focuses your attention on the benefit, the end result.

For example:

  • (For a seller of gym equipment): “I help people get fit and feel good about themselves.”

  • (For a seller of fruits and vegetables): “I help people have a healthy balanced diet”

  • (For a seller of cell phones): “I help people communicate with their friends, family and business associates more easily.”

  • (For an auto insurance salesman): “I help people have peace of mind and the ability to sleep well

  • at night without worrying about what would happen if they were in an accident.”

Can you see just how powerful this is? Please stop whatever else you’re doing and take a few minutes to seriously study what you REALLY offer to your customers.

Guess what? What you REALLY offer is also what customers REALLY want. When you refer to the end result clearly in your advertising, promotion, eBay listings, whatever, then it’s a very strong persuasive proposition that naturally urges customers to buy from you.

Why not make yourself a little sign for your office wall as follows:

What Do Our Customers REALLY Want?”

And another one that says:

We Help People………..” (fill in the blank)

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