Please follow and like us:
Word of mouth marketing

Are You Finally Ready To Start Strategically Implementing Some Proven Forms Of Word Of Mouth Marketing!

Just depending on where you currently are in your entrepreneurial endeavor. You probably can’t afford, to simply keep writing checks.

Trying to get your outrageously expensive, traditional advertising or traditional promotional methods to work, correct?

Don’t feel too bad.Because neither can I. However, the flip side is. No matter where your entrepreneurial endeavor is or isn’t. One thing is definitely for sure.

You can and should, start pro-actively implementing some sort of proven, positive word of mouth marketing strategies or tactics. Don’t you agree?

Especially when consistently doing so. Can literally be done, (over and and over) for pennies on the dollar.

An ultimately deliver, tons of front or back end, gross income producing opportunities. Take a look at few instances.And you be the ultimate judge. Fair enough?

Positive Word Of Mouth Marketing Is One Of The Most Cost Effective Ways To Consistently Get the Word Out! (Don’t You Agree?)

Case in point. Imagine you currently, independently own, a single location, designer retail jewelry store. And even though, your monthly, traditional advertising budget, typically allows you to invest, anywhere from $25,000 – $40,000 dollars a month.

On those outrageously expensive, dismally performing. Local billboard ads.  And those prime time, TV or radio ads. And expensive, half and quarter page ads, in some of the most highly circulated, local Sunday newspapers etc.

And since you already know, your ideal customers, total lifetime customer value metrics. And they’re somewhere between $250-$9,500 dollars. Give a take over the next five to seven year period.

So watch how you, and or your major competitors.Can definitely make or let these numbers work for you. Especially over the long haul.You approach a few local charities.Which periodically do, local fundraisers.

Which typically start at $150- $500 dollars a plate.Say what? Exactly.And let’s say, (strictly for hypothetical marketing purposes only.) A few of these local charities, holds one of their most popular annual, year end fund raising events.

And typically, about 500 local men & women, who are both affluent and influential normally attend. Which by extension, also means lots of local media coverage, right? For sure.

Part Of Consistently Generating Potential Bank Account Filling Word Of Mouth Marketing Success! (Means Strategically Leveraging Other Non Directly Competing Vendors Assets Or Resources!)

And just for ease of calculations. Let’s say the ratio of men to women in attendance.Is split equally. Meaning, there are 250 influential men & women in attendance.

Which is why you enthusiastically allow, the charity to raffle off, one of your most eye catching, diamond studded necklaces.Which normally retails for at least $3,000 dollars.

But your actual hard cost, is only about $1,200 dollars or X. And lets say, 200 of the ladies in attendance, decide to enter the raffle. Here’s your terms. As long as the 1st grand prize winner.

Is a subscriber to your opt in email/mobile marketing list. They only pay a one time raffle entrance fee of $300 dollars. However, if for whatever reasons, they decide not to join your list.

And they are announced as the 1st grand prize winner.There one time raffle entrance fee, automatically jumps to $1,200 dollars. This isn’t such a bad deal, right?

So lets say, out of the 250 affluent and influential women in attendance. A staggering 200 of them. Or 80% decide to join you or your major competitors opt in email/mobile marketing list.

And put up $300 dollars each, for their chance to win your diamond studded necklace.

You Can Only Imagine The type Of Social Media Frenzy The Right Type Of Content Will Constantly Generate!

So imagine the scene (why don’tcha!) Here’s 250 local, influential and affluent women, along with 250 influential and affluent local men. (We’ll get to the men in part two. Okay?)

But for now. 200 of them, decide a one time $300 dollar investment, plus subscribing to your opt in email/mobile marketing list. Is definitely worth taking a chance, in order to win an extremely eye catching diamond studded necklace.Right?

Here’s a look at the initial front end numbers for the charity. And remember, they still have yet, to raffle off, a Men-s Rolex watch. Which typically retails for at least $5,000 dollars.

Anyway, 200 local women of affluence, each spend $300 dollars apiece. So the charity just grossed an additional $60,000 dollars. (200 x $300 dollars = $60,000 dollars.)

Do You Really Think Any Profit Seeking Entity Will Have A Problem With You Helping Them Consistently Earn More Money!

And they didn’t need to spend a nickel on outrageously expensive ads or fliers.Right? And the 1st grand prize winner is announced. And given an extremely time sensitive discount coupon/gift certificate from your store.

And they have 48 hours or less. To come to your store and claim their 1st grand prize.Or automatically forfeit it altogether. However, simply for dragging a semi qualified guest with them, before the expiration. Whose at least 18.

You’ll automatically allow them, to purchase an additional bracelet, which normally retails for $250 -$350 dollars. For just, (drum roll please!) An additional $97 dollars.Say what?

Once Word Starts Spreading! (It Will Just Keep Spreading From Power Network To Power Network!)

Now then. “What” about the other 199 local women in attendance, who also invested  $300 dollars each. Unbeknownst to them, they will receive a follow up email alert message.

Inviting them to also drag a semi qualified guest with them, to your store,whose at least 18. Before the expiration date.And simply for doing so. You will automatically ethically bribe them. By allowing them, to credit their  previous $300 dollar investment, towards a beautiful pair of diamond studded earrings.

Which typically retail for at least $450 dollars. Say what? Or if they decide to come alone and they still want to use their $300 dollar raffle entrance fee, as credit towards the $450 dollar a pair, diamond studded earrings. They need only spend an additional $75 dollars,in order to do so.

So their total cost, is just $375 dollars. Which still represents a savings of 17%. ($375/$450 = .83% or 17% off the normal retail price.) Now we come to really juicy party. Which you will discover in part two.Okay?

Up to this point. Can you now better appreciate. Why you definitely need to start implementing, some type of proven word or mouth marketing campaigns.Say yes!

Some Form Of Positive Word Of Mouth Marketing Campaigns Are Simply A Must!

P.S.Now as is customary during this part of our show.Please share your extremely valuable comments (in the comments section below) that you can apply to your business,product or service in the next 30 days or less!

As always, if you got any value out of this post, please share this on your favorite social media sites or tweet this.Thanks!

And if you’re currently registered on Linkedin or twitter,and you’re serious about about doing some type of power networking.Let’s get connected asap!

Extremely important note:And if by chance, you happen to know any of the lesser known podcasters,who also target,small business owners,service providers or aspiring startups entrepreneurs etc.

And they’re pro-actively looking for potential guest speakers.Please don’t hesitate to-either- pass their name and contact information directly
to me or vice versa!Thanks!

And be sure you grab your explosive free 22 step small business marketing idea kit series,because it will help you increase your gross profits by as much as 25% in the next 90 days or less.

And help you master your effective communication in marketing skills. (No matter what your particular niche market is.) It’s a $97 dollar value and it’s free!

2 Responses to Are You Finally Ready To Start Strategically Implementing Some Proven Forms Of Word Of Mouth Marketing!
  1. the great post and Awesome information thank you

    • Thank you for your incredibly kind words Mohamed!
      They are truly appreciated.

      And hopefully, you can implement some of these proven strategies
      or tactics, to take your business or service to the very next
      level or two.


[top]

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge

Social Share Buttons and Icons powered by Ultimatelysocial