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Understanding What Motivates Your Target Market

Popularity: 25% [?]

Fear of Loss Versus Possibility of Gain

Which is a more powerful motivator?motivated

The fear of loss … or … the possibility of gain?

This is a really important question to ponder. It can impact all of your marketing materials.

Knowing which to include into your marketing materials (and when) is one of the keys to writing persuasive sales letters, motivating emails, and cash creating web sites.

Most people who do not understand the unconscious motivating triggers will usually not include either of these which is a mistake.

So which is the more powerful motivator?

According to persuasion expert, and author of the book ‘The Science Of Influence’ Kevin Hogan it is the fear of loss that is more motivating for people.

Kevin says …

‘Fear of loss is a much greater motivator to most than the possibility of gain’.

I think it is important to note though that the possibility of gain is also a powerful motivator to many people.

The key is to build both into your sales letters and websites.

With the fear of loss you want to create a sense of urgency. You can do this by limiting the supply of your product or service. Get creative with this and think about ways that you really can restrict the supply of what you are offereing.

This creates a fear of loss in the reader.

Careful though … it has to be genuine … you can’t create the impression that you are going to limit the supply of your product or service if you clearly are not going to do that.

Make sure you also use the possibility of gain in your sales letters.

This can be as simple as mentally taking your reader into the future and asking them to imagine how great life will be when they are using your product or service.

As an example …

Imagine how different your business will be when we work together to set up the right marketing system for your business and attract a steady stream of new clients to you.

This is a great example of the possibility of gain.

Challenge is … I can only work with 10 clients at any one time ( I have a couple of openings right now) … this is the fear of loss.

If you want the opportunity to take up one of these openings then click here.

You need a balance of both the fear of loss and the posibility of gain in all of your marketing materials. Learning how to use these powerful motivators in an elegant way takes time, trial and error and refinement.

Go back over all of your marketing materials and look for opportunities to build in the fear of loss and the possibility of gain.

You will see improved results when you do.

Popularity: 21% [?]

What Motivate Prospects To Become Clients?

Have you ever wondered …

I am sure you have. Its an interesting thing to ponder.

What is it exactly that moves prospective clients to become paying clients for your service? If you could answer that question … if you knew specifically what it is that persuades your prospects to say yes to your service then you could double or triple your number of clients.

Its mostly unconscious …

If you were to ask most of your clients what was the trigger that motivated them to finally say yes to you … most of them would struggle to articulate it.

In this weeks Profit Minute Radio program we are going to talk about those unconscious triggers. You will want to listen in … it could help you to massively increase the number of clients you have.

Full details are here:

http://www.BlogTalkRadio.com/profitminute

 

Listen to PROFIT MINUTE Radio on internet talk radio

Popularity: 23% [?]

Marketing Strategy - Drill Bits or the Hole?

marketing-drill-bits-or-holesDo you know what your prospective clients really want?

If you knew specifically what it is that they Googled when seeking solutions to their problems then marketing your service based business would be a lot easier, right?

Well let me share with you some interesting information …

Last year in Australia there were 287,000 10 millimeter drill bits sold.

On its own that is not really that interesting, but consider this … not one of those 287,000 people actually wanted a 287,000 10 millimeter drill bit!

So what did they want?

Of course they all wanted a 10 millimeter hole!

We can take it another step further of course … they really do not want the hole either.

No what they really wanted was to use the hole to build a cubby house for their children to play in. Perhaps they wanted the hole to hang their wedding photos on the wall.

This is what people really want … the end benefit is what drives and motivates people to action. Its not the drill bit!

How is this relevant to you and your business?

Well most small business owners market their drill bits.

So if you are an Accountant for instance you typically market the fact that you provide taxation services (which is your drill bit).

If you are a Fitness Professional or Personal Trainer you advertise the fact that you have the relevant qualifications, and a new studio with shiny equipment. Again this is the drill bit.

If you are a life coach or business coach you tend to market your credentials and the process you go through when you work with clients. Drill bit!

Now this is an easy mistake to make … most small business owners don’t know any different. So we tend to go and market our drill bits and wonder why we get average at best results.

What if you started to market the hole?

Even better … what if you started to market the end benefit of having the hole?

How much more effective would your marketing efforts be?

Lets see …

Now the Accountant can market more along these lines …

‘Let me show you how to save thousands in tax and build financial security for you and your family … for life!’

Isn’t that more appealing than just marketing the fact that you do tax returns or compliance issues?

What about the Personal Trainer. Now her marketing might look like this …

‘Imagine jumping out of bed in the morning bursting with energy and looking totaly awesome when you look in the mirror!’

Do you think a few more people would respond to this than marketing the fact that you are certified in three different training styles?

I am sure you get the idea here. Take a look back at all of the marketing efforts you have tried in the past and evaluate them.

Are you marketing the drill bit or the hole?

In our complimentary Sales & Marketing Audit (Valued at $297) we assist small business owners like you to identify your drill bit and the hole. Your marketing effectivness will increase dramatically.

Popularity: 76% [?]