Supply And Demand In Marketing by Bob Bly

Posted June 30th, 2011. Filed under Copywriting

Modern economics is based, in part, on the law of supply and demand.

If an item is rare and people want it, they’ll pay through the nose, driving the price higher.

On the other hand, a large supply of a product, coupled with dwindling demand, can cause the price to plummet.

Well, marketing too has a law of supply and demand.

It goes something like this…

When a product is difficult for the consumer to find, your promotional copy can be short, to the point, and straightforward—with little or no hype.

An example is a classic ad for Hancock Shoes, a mail order company that specializes in shoes for men with wide feet.

The headline of their small black-and-white space ad, unchanged for decades, reads:

MEN’S WIDE SHOES

EEE-EEEEEE, SIZES 5-15

The visual is a picture of a shoe against a white background.

Now, this would probably get a failing mark from most copywriting experts.

But Hancock Shoes has been running this ad virtually unchanged for many decades.

It works because of the lack of availability of shoes for large feet.

There are plenty of shoe stores.

But it’s extremely difficult for a man with wide feet to find his size in an EEE or larger.

So when he sees Hancock’s ad, the headline immediately tells him—in a direct, straightforward fashion—that they have what he needs.

Since he can’t get the shoe anywhere else, it doesn’t have to be creative or even enumerate the benefits.

It merely has to call to the reader’s attention to what is being offered.

For a product that is difficult to find like EEEEE shoes, a simple ad like Hancock’s can work like gangbusters.

On the other hand, when you have a lot of competition in your category, then your advertising must be powerful and persuasive.

It must extol the benefits of the product, show how the product solves the prospect’s problem and how owning it can make his life better.

The ad must also say these things in a fresh, compelling way.

Why?

Because everyone else in this category is making similar claims and saying them in pretty much the same way.

Consumer health information, for instance, is a highly competitive category filled with newsletters, books, magazines, and websites.

In a promotion for the health newsletter “Bottom Line Natural Healing,” the headline focuses on weight loss.

The copywriter wisely avoids saying something like “Lose 10 pounds in 5 weeks.”

Such a headline has a clear benefit, and probably worked 10 or 20 years ago.

But today, the consumer has heard it so many times, it has no impact.

So you have to say the same thing—”we can help you lose weight”—in a fresh and compelling way.

The headline for “Bottom Line Natural Healing” does this admirably:

“10-CENT TUMMY TUCK puts plastic surgeons out of work!”

Okay, so where does that leave us?

Well, in addition to the law of supply and demand in marketing…which says that the greater the product availability, the stronger the advertising must be…

There’s another factor that determines the degree of hype in our copy or lack thereof.

It’s whether the product is a luxury or necessity.

Or, to put it another way, whether the customer NEEDS what you are selling vs. whether he WANTS it.

You don’t need clever, A-level copy to sell dialysis treatment to a patient with kidney failure, because he needs the dialysis and will die without it.

On the other hand, people may want better health and a longer life and buy nutritional supplements to gain these benefits.

But few of us really NEED nutritional supplements. A heart patient may need a pacemaker, but taking folic acid is probably optional.

This is the reason why so many long-copy nutritional supplement promotions you see are such powerful marketing pieces: you need to pull out all the stops to get the consumer—who has a clear choice of whether to take your pill or not—to buy.

An example is a recent promotion for Sun Chlorella, a nutritional supplement made from algae.

The headline of the mailing reads:

TOXIC KILLERS IN YOUR GROCERY CART

Can these fruits, vegetables, and even bagged salad be the cause of your worst health problems?

100,000 scientific tests say YES!

You have to grab the reader by the lapels with your headline because, while the consumer wants good health, he isn’t sitting there thinking, “I need algae.”

Putting the word “algae” right up front in your headline would likely get him to toss your mailing in the trash.

On the other hand, if a change in Earth’s environment suddenly meant you would die without consuming a sufficient amount of algae daily, and Sun Chlorella was the world’s only source of
algae, you could send out a postcard that simply said “Algae tablets available!” and generate more orders than you could ever hope to handle.

To sum up, 2 factors determine how creative or direct your copy needs to be:

1. Product availability.

2. Need vs. want.

When a product is an absolute necessity and scarce, straightforward, clear, direct advertising messages work best.

When a product is a luxury, and the category is cluttered with competing brands, you need a kick-butt marketing campaign to sell your prospect on why he should try it.

Bob Bly is the author of “World’s Best Copywriting Secrets” and has written copy for more than 100 companies including IBM, Boardroom, Medical Economics and AT&T. He is the author of more than 75 books and a columnist for Target Marketing, Early To Rise and The Writer. McGraw-Hill calls him “America’s top copywriter”.

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$2,122,274 With ClickBank

Posted June 29th, 2011. Filed under Affiliate Marketing

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Content problems solved.

Posted June 29th, 2011. Filed under Product Creation

I hear this over and over again…I can’t launch my membership site because I have no content…

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The Ultimate Secret Of Business Success by Bob Bly

Posted June 28th, 2011. Filed under Business

Are you an Internet marketer…or do you hope to be someday soon?

Then let me ask you a question: what is your relationship with the people on your e-list?

In my experience, the most important factor determining your success in Internet Marketing or virtually any other business…is relationships.

Specifically, the relationship you have with the people on your customer and prospect list—known in traditional direct marketing as your “house file”.

There are 4 ways at which Internet marketers and other entrepreneurs relate to their lists.

The first 3 ways doom you to mediocrity and modest returns. The 4th can empower you to create an online business that delivers extraordinary value to your subscribers and makes you rich in the process.

At the lowest level of seller/buyer relationship, Internet marketers think of the people on their subscriber list as “prospects”.

Technically, that’s correct: these people have identified themselves as having some interest in what you offer, but have not yet purchased—and that’s the definition of a “prospect”.

But philosophically, it’s a poor way to think about the people on your list.

Why?

Because a “prospect” is someone whose name and contact information you own, and from whom you hope to extract money by selling them a product or service.

That’s a mercenary and self-centered view. It puts you and your profits—not your prospects and their problems—first.

The next step up from viewing people on your list as prospects is to think of them as customers—either actual customers (those who have purchased) or potential customers (people who will make a purchase).

“Customers” is a slightly better viewpoint than “prospects”.

A customer is someone who spends money with you, so you naturally value them more.

On the other hand, you are still viewing the people on your list as “purchasing entities”—individuals from whom you get money now and hope to get more money in the future.

The typical businessperson constantly thinks of more ways to sell more products and services to more customers.

This unfortunately creates an opportunistic view that cares more for the marketer’s profits than the people on the list as people.

The third level of relationship with the people on your e-list is to think of them as clients.

While “customers” buy products, “clients” are people to whom you strive to deliver extraordinary service and value.

As a result, when you see your online subscribers as “clients”, you respect them more and treat them better.

They reciprocate with loyalty to you and an increased desire to acquire more of your products, services, help, and advice.

The best relationship you can have with your house file is to think of these people not just as clients, but as friends.

Businesspeople deliver value and service to clients, but do so for the money.

Friends help friends not for the reward, but because they are friends.

When you think of your online subscribers as your friends, your mindset becomes positive, helpful, and generous.

You think, “What do my friends need? What can I do to make their lives better, make them happier?”

And when you think that way, the creation of all sorts of useful, valuable, and innovative products and services your subscribers want and need follows.

Also, when you treat your subscribers as friends, they begin to think of YOU as a friend.

Sales become more frequent, purchases become larger, and closing becomes easier.

Why?

Because people like to buy from people they like—and when they become your friend, they like you.

How to evolve your relationship with the people on your e-list from prospect to customer to client to friend?

Here are a few suggestions:

1 – Care about your readers.

The best Internet marketers are genuinely passionate about helping their subscribers improve their lives – and that passion comes across in every e-mail communication they send.

2 – Talk to your readers.

Write like you talk. Use a conversational, natural style. Your e-mails and e-zines should sound like you are talking to a friend and telling him something important.

3 – Be a straight shooter.

Always tell your readers the unvarnished truth. Don’t sugarcoat or hold back. Only by being totally honest and open do you gain the reader’s trust and loyalty.

4 – Let your personality shine through in your e-mail.

Be the real you. If you’re cranky, it’s OK to sound cranky in your e-mails. If you’re a tightwad, tell your readers you’re cheap.

Also, write from the heart. Let your personality show in your e-mails and newsletters, warts and all.

5 – Give extraordinary value.

I sell information products online. But in many of my e-mails, like this one, I give away content for free right in the e-mail. There is nothing to buy – the information is free.

Do these methods work?

My first year online, where I took very little action and viewed my subscribers as purchasing units from whom I desperately wanted to extract money, I made—even though I offered quality content for sale—$19,683.45.

Now, I view my subscribers as friends. I care about them. I let them into my mind and share what’s in my heart. I give them all I can. And our online sales are on track to exceed a quarter of a million dollars this year, as they have for several years now.

All because my relationship with my e-list moved—as yours should—from the lowest to the highest level, from the most mercenary to the noblest.

“We’re all benefactors,” said Mark Cuban in an interview with Selling Power magazine. “To succeed, you not only need to be able to get along with people…those people also have to feel like they’re getting something out of the relationship.”

Bob Bly is the author of “World’s Best Copywriting Secrets” and has written copy for more than 100 companies including IBM, Boardroom, Medical Economics and AT&T. He is the author of more than 75 books and a columnist for Target Marketing, Early To Rise and The Writer. McGraw-Hill calls him “America’s top copywriter”.

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Create Your Own Product In A Weekend…Really?!

Posted June 27th, 2011. Filed under MRR/PLR

PLR Niche Formula

If you’ve been trying to get a foothold in the Internet Marketing industry…

You know what it feels like…

Every single week your inbox is packed with new products coming out…and you find yourself wondering “Why can’t I do that?”

You know several things:

=> They are not smarter than you are.
=> They are not necessarily more creative
=> They were once in your place, too.
=> They are raking in TONS from their own products..and most of them SUCK!

If you’ve looked at creating your own product you feel overwhelmed, right?

You have to:

=> Find a niche to create the product in.
=> Write a sales letter that will convert.
=> Create catchy, eye-popping graphics that will drive the visitor to read your offer.
=> Create the product with content both PDFs, audios, or videos…
=> Setup your domain and hosting.
=> Find a way to handle support.

Is it just me or do you feel like you need 2 Tylenol after just thinking about what it will require as far as your time, money, effort and energy?

Well, there is another way, a better way, a different way to create compelling, high-quality products, and with focused effort you can create your product and have it for sale in a weekend.

Yes…in a single weekend using just PLR.

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Mark Dulisse’s PLR Niche Formula will show you how to take any PLR, and inject it full of “value added” profit-pulling steroids, so not only can you sell it…but your buyers will LOVE it.

In fact, using this method he made over $20k between Christmas and New Year’s when everyone was saying “the shoppers are in recovery mode”.

…and he will SHOW you how he did it.

This is one of the simplest ways for you to get your first product on the market, and start making real money right now, and torpedo all those excuses and knowledge issues that have held you back.

It’s all here.

Today, I will show you a simple technique you can use to make the Google love your website.

This technique will also help your website get indexed and ranked faster in the search engines.

The technique is sitemap submission.

Very few marketers have sitemaps on their websites, and even fewer marketers submit their sitemaps to Google and other search engines like Yahoo and Bing.

Sp what is a sitemap and why should you have one?

A sitemap is a map to the layout of your website.

They are very useful because they:

1) Make the search engine bots/spiders job easier.
2) Get your pages indexed faster.
3) Help your users find the content they want on your site.

There are 2 types of sitemaps:

1) HTML sitemaps for human viewers of your website.
2) XML sitemaps for the search engines.

This is how you generate your sitemap and submit it to the search engines.

STEP 1: Generate your sitemap:

Go to http://www.xml-sitemaps.com
Enter your website address.
Click the start button (this will generate your sitemap).
Download these 2 sitemaps: uncompressed XML sitemap and HTML sitemap
Upload both of these sitemaps to your server.

So if your site is www.yourwebsite.com and you upload both sitemaps, they will look like this:

yourwebsite.com/sitemap.xml
yourwebsite.com/sitemap.html

For the HTML version of the sitemap, link to it at the bottom of your website with “sitemap” as the anchor text.

For the XML version of the sitemap, you need to submit it to the search engines, which brings us to step 2.

STEP 2: Submit your sitemap

Submit to Google:

Create a Google Webmasters account at http://www.google.com/webmasters
Submit your website by following the simple instructions.
Submit your XML sitemap by following the simple instructions.

Submit to Yahoo:

Create a Yahoo! Site Explorer account at http://www.siteexplorer.search.yahoo.com
Submit your website by following the simple instructions.
Submit your XML sitemap by following the simple instructions.

Submit to Bing:

Create your Bing Webmaster Tools account at http://www.bing.com/toolbox/webmaster
Submit your website by following the simple instructions.
Submit your XML sitemap by following the simple instructions.

For all the search engines (Google, Yahoo, Bing), re-generate and re-submit your sitemap every time you make significant changes to your website.

There you have it, a simple way to get the search engines to love your website, and get you indexed and ranked faster!

Video Traffic Genius

I wanted to quickly tell you about something really cool I recently came across!

It’s called the Video Traffic Genius.

It’s basically a complete step-by-step system for getting your web videos to rank rapidly on to page one in the search engines.

It cleverly creates video sitemaps that cause ultra rapid ranking of your videos!

This is cutting-edge web video traffic technology folks that virtually no one else know much about…

We all know that getting to page one one on Google, Yahoo or Bing, means getting a ton of targeted video traffic that equates to a ton more sales conversions for you!

The Video Traffic Genius software system does just that and is put out by Tim & Anthony Buchalka, who are 2 Aussie brothers who have been around for a long while online.

These guys build fantastic web products and specialize in video traffic software.

The cool thing about the Video Traffic Genius, is that it gets your videos to rank on “your” page, rather than YouTube!

Why is this important??

Well, we all know the NEGATIVES about sending our potential customers to YouTube right?

Your visitors get there to see your video, along with all the other DISTRACTING links and images that are on YouTube.

This USUALLY results in up to 85% of your visitors NOT clicking from YouTube to your website.

A DISASTER!

ENTER the Video Traffic Genius.

By cleverly creating video sitemaps for all your videos, you are telling the search engines that you have videos on your website, and this encourages the search engines to visit and index these pages, thus helping you to get the page with the video ranked extremely rapidly.

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