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Archive for September, 2010

Out Of Thin Air

By: Dan Kennedy on: September 16th, 2010 2 Comments

Maybe you are unaware of the toxic mold epidemic in U.S. homes. You will be rudely educated when you go to sell your home, as I was when I sold one of mine. Once there was no “mold detection” and “mold treatment” industry; today it’s a billion dollar business.

Sort of like sexual harassment litigation. Both prove a point: entire industries are created constantly out of thin air. From ideas. From long standing problems no one paid any attention to before. Each one spawning tentacles, each an opportunity octopus.

For about $13,000.00, you can get into the mold detection biz by purchasing a trained “mold dog”. Such dogs outperform detection equipment, putting their sensitive snouts right on the spot of the mold, even when concealed behind walls or under floors.

A mold inspection can run $500.00 or so, so it only takes about 26 jobs to recover the investment in the pooch, not including, of course, shots, flea powder and chow.

I marvel.
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Five Strategies to Increase Site Traffic for Free

By: Brian Horn on: September 15th, 2010 5 Comments

Your website is live. It looks fantastic, reads perfectly and is ready and waiting for the swarms of customers to come.

So now you can get ready to put your feet up?

Well, hold on for just one moment. Building a site with a steady flow of visitors takes more than just setting up web pages; it’s something that you are going to have to work towards over time.

Don’t worry, increasing traffic to your web site doesn’t have to cost the earth or take up a whole heap of your time.

Here are some of the ways you can increase the amount of visitors to your site without spending a cent.
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Is It The Bad Economy or You?

By: Dan Kennedy on: September 14th, 2010 6 Comments

I just returned from a lunch meeting. I had to wait 15 minutes for a table at Applebees. Directly across the street, at 2:00 PM on a Tuesday, the Kohls Department Store parking lot was filled with cars, SUV’s and minivans.

All the carping about high gas prices – gee, did you notice you’ve got THREE cars in your driveway? Did ANY of those gas-guzzling complainer transporters NEED to be in Kohls’ parking lot? I’m in a mid-week, mid-day traffic jam trying to get home, in a small Ohio town. Note; Ohio – the state that the Dems want you to believe is totally populated with unemployed steel workers, clustered around their fireplaces, eating beans from cans.

Just recently, I had three different business owners excuse their failings with ‘the bad economy.’

Nuts.
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Are You Embarrassed?

By: Brian Horn on: September 13th, 2010 5 Comments

Around me, the whiners, with the 512 reasons they cannot do well in today’s economy or in their businesses or in their lives.

One of the tremendous points of leverage for behavioral change we’ve been erasing from society is “shame.” People on food stamps aren’t ashamed about it. Obese people aren’t ashamed; they sue McDonalds. Pro athletes whose teams suck or who get caught gulping steroids aren’t ashamed.

One day on Dr. Phil, there was a young couple fighting; she, grossly overspending, an out of control shopaholic badly in need of a spanking. But the gripe she had about hubby was 100% legit: he had a mechanic’s job, brought home a small paycheck, and was blatantly unconcerned, unembarrassed, unashamed about its size, uninterested in doing anything to replace it with a bigger one.

Nothing shameful about being poor. Shameful to stay poor, in America.
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Do You Lie?

By: Dan Kennedy on: September 10th, 2010 8 Comments

Since we’ve been talking about turning mistakes into marketing gimmicks, I want to switch gears and focus on regulating our own personal behavior.

Liar, liar, pants on fire.

As you might guess, a lot of people have asked for my thoughts about the previous crucifixion of Martha Stewart. I made a bet that she would go to jail, and pegged the over/under at 16 months.

Her case was so very instructive because she wound up criminally convicted of, and financially destroyed by lying about something that the judge determined wasn’t a crime she could be convicted of. The fraud charge thrown out. Only the lying remained.

While it is a bit simplistic to say she should simply have told the truth when first caught and been done with it, it’s also right to say she should have told the truth and been done with it.
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Sneaky Marketing

By: Dan Kennedy on: September 9th, 2010 3 Comments

I’m often asked how do you FEEL about “sneaky marketing”???

Ah, virtually ALL marketing is sneaky, to one degree or another. An extra tall can with 3 ounces less peas than the regular size can. The advertorial, the infomercial, the fake check, a-pile mail, it’s ALL sneaky.

Then I’m asked how do you FEEL about “gimmicks”?

Some shudder. Some insist “their clientele” is “above” gimmicks. And on that subject, I will deliver a lesson from my Renegade Millionaire System, in brief, reinforcing a conversation had with one of the VIP groups:

  • Demographics do NOT alter strategy.
  • Demographics do NOT alter copy.
  • Demographics may alter (only) presentation.

The $1.00 bill letter may become a $100.00 bill letter. The fake Express Mail envelope may become a real Fed Ex. The free report may have a fancy cover.
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Oops, The Intentional Error

By: Dan Kennedy on: September 7th, 2010 6 Comments

Sometimes it’s fun – and profitable – to use a marketing gimmick.

I believe in the John Kerry microphone malfunction about as much as I believe in the Janet Jackson wardrobe malfunction. At first I did, but with a few days’ observation and thought, I concluded Kerry’s mistake was intentional.

It was a way to get a position and statement put forcefully into the market that could not be done simply and straightforwardly.

Not long ago, Gold/VIP Member Jeff Kaller mailed a mountain of postcards driving people to call – the wrong number. Followed by mailings apologizing for and correcting the mistake. And getting better than ever response.
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5 Big Ideas,1 Big Mistake

By: Dan Kennedy on: September 3rd, 2010 5 Comments

In yesterday’s post, I started to talk about a not so favorable topic of how very successful businesses led by very successful people make major mistakes. Now let’s talk continue our talk on other mistakes mangers can make.

The five Big Ideas that keep reoccurring and demonstrating their importance are these:

1. How you think about money
2. How you manage and invest your time
3. How you cater to and leverage your 5% and 20% best customers
4. Price elasticity, premium pricing and transaction size
5. Under-utilizing or under-valuing prime asset(s)

Nothing new under the sun here, of course.
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What’s the Real Problem

By: Dan Kennedy on: September 2nd, 2010 2 Comments

On Tuesday, I talked about a not so favorable topic “….a war of choice or a war of necessity?” Now, I’m going to talk about another topic that needs addressed.

Solving The Wrong Problem
Solving The Right Problem With The Wrong Solution
Neglecting The Best Opportunity

A while back, I hosted an impromptu one day seminar in Cleveland*, attended by about 30 Inner Circle Members from six states and Canada. Mostly ‘hot seats’, Q/A and discussions of several topics. One subject was ‘business re-invention.’ I did two hot seats, with two different women, in different businesses but with common problems; in both cases, it was very clear to me, and quickly became clear to the others in the room, that both had severe core business and economics problems that cannot be solved with a better ad or marketing advice.

On the spot, I reinvented both business for their owners, if I say so myself, brilliantly; in both cases, based on real experience with real clients, and in both cases, I supported my suggestions with examples. One of these business owners carefully considered what was being said, asked thoughtful questions and then embraced the opportunity unearthed. The other was painfully resistant – visible in body language, audible in questions, demonstrable in the “can’t do that” responses every step of the way.
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Keyword Tips That Will Help You Get Ranked Higher in the Search Engines

By: Brian Horn on: September 1st, 2010 2 Comments

If you are running or own a website, then you probably already know the importance of having quality keywords. Having the wrong keywords can result in lowered rankings, decreased traffic and lost customers.

While understanding the importance of keywords is a good start, you must also have a successful keyword strategy in order to really see an increase in your traffic and conversions. Once you have a better idea of what your customers are looking for, you can select keywords that will bring them to your site.

The most critical element of any keyword strategy is performing keyword research. Many people make the mistake of trying to get their site to rank for searches that only consist of one word.
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