Month: May 2014

285 Pinterest Marketing Tips For Just $1.99

Hi friends,

Hey, quick update – Amazon is featuring my bestselling book Pinterest Power for just $1.99 in the ebook format today. I believe it’s just a 1-day sales, so if you’re interested – act fast.

I was just doing some quick math – If there are 15 tips per chapter (that’s sort of a guess on my part) and there are 19 chapters – then that’s something like …

285 Pinterest marketing tips – for just $1.99!

That’s just .70 cents a tip! What a bargain!

Screen Shot 2014-05-28 at 6.02.53 PM

 

I’m sure lots of you have already gotten the book, so you can ignore this, but tons more haven’t. So now is a great opportunity!

I hope you snag a copy today!

Jason

Genius Pricing Lessons From Costco

Hi everyone,

The Newsletter Is Online – if you’d like a printable version simply click this link.

14526 newsletter imageThis week we learn a lesson from Costco’s founder Jim Sinegal and his incredibly genius pricing strategies.

Ps. Grab a copy of Craft Pricing Power on Amazon today. If you don’t have a Kindle you can still read it via the Kindle App for PC, MAC, Tablets, and Smartsphones. And – the paperback version should also be available any day now. Check Aamzon for that now.

Here is the full text as a blog post:

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Genius Pricing Lessons From Costco

[An excerpt from Craft Pricing Power]

 This week we’re featuring an excerpt from Craft Pricing Power, we hope you like it.

*   *   *

You might be saying to yourself,

“The low price leaders do well; why not be one?”

 The reason it is difficult to be one is because you have to create a way to sustain your low prices and maintain revenue. A great example is Costco, the Seattle-based warehouse store. If you look at the company’s total revenue, it is the fourth largest retailer in the U.S. behind Wal-Mart, Kroger, and Target.

But Costco only has 435 stores, whereas the others have between 1,778 and 4,550. So Costco makes more money from each store than anyone else.

How does Costco sustain its business so successfully? By using several strategies, including:

• Charging everyone who enters the store an annual membership fee. This helps provide additional revenue.

• Only selling bulk items. So a funny thing happens: customers pay more for a bottle of aspirin at Costco than they do at Walgreens. The difference? They are buying four times as much. So the price is higher, and the quantity is higher.

• Not doing any advertising or promotions. Costco depends on word of mouth and the loyalty of its members.

I didn’t understand the full business value of these strategies until I heard Costco’s founder, Jim Sinegal, speak at a business dinner. There was an open Q&A time with him, and someone asked,

“Why don’t you sell things in smaller quantities, like a 100-count bottle of Aspirin, instead of just the 500-count bottles?”

 Jim’s answer was simple:

 “Because people would buy them.”

 That night, I realized what he was doing. He’s providing a discount to customers in exchange for them making a bigger purchase than they otherwise would have wanted to make.

Those bigger purchases allow Jim to get bigger discounts from manufacturers when he is negotiating the prices with his suppliers.

So while you can go to Walgreens and buy aspirin for $6.99, you’re only getting 100 pills. When you go to Costco and buy aspirin, you’re spending $13.99—twice as much. But you’re getting 500 pills. You’re getting five times as much on a per-pill basis.

This also allows Costco to transact fewer orders for higher total dollar amounts. So while the company is a low-price leader, Costco’s business model produces many of the rewards of being a premium provider.

These strategies and others allow Costco to maintain its system of low-cost selling. Like Costco, if you’re going to embark on that venture, ensure that you have systems in place that make your low-cost selling strategy profitable.

If you’ve tried to sell items for a fixed price on Etsy or eBay, then you understand the problems related to open marketplaces that don’t have any pricing controls. You’re almost forced to compete on price.

*   *   *3D Kindle Fire Cover

Read more from chapter two of Craft Pricing Power today – available exclusively on Amazon.

Tell Us What You Think!

What’s your opinion on this topic? Do you think Costco has got smart pricing? Tell us what you think!

Jason & Cinnamon

 

 

Tell Your Story In My Next Book

Hi everyone,

The Newsletter Is Online – if you’d like a printable version simply click this link.

Screen Shot 2014-05-19 at 10.18.00 AMThis week we focus on how to tell your story – and I offer a special invitation to have your story included in my next book. I sincerely hope you take me up on the offer – that would be fun!

Ps. If you want to go deeper on this topic, we have a whole chapter with 10 steps to beefing up your brand in Craft Business Power. As it happens Amazon is running a promotion for that book right now – you can snag an ebook copy for .99 cents today – it goes up in price tomorrow. If you don’t have a Kindle you can still read it via the Kindle App for PC, MAC, Tablets, and Smartsphones.

Here is the full text as a blog post:

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The Art Of Telling Your Story

In last week’s newsletter we looked at the work of David Ogilvy, the father of modern advertising methods. This week we’ll zero-in on one of his most compelling ideas and figure out how to apply it to a craft business. He said, (with a bit of tweaking from me so it applies to our industry),

“There isn’t any significant difference between the various brands of …cake mixes, whiskey, detergents, or doll clothes… The doll clothes maker who dedicates her advertising to building the most sharply defined personality for her brand will get the largest share of the market at the highest profit.”

 Your Story Well Told

So the question that comes to mind is how exactly do you create a “sharply defined personality” for your brand?

One of the simplest ways to infuse your brand with personality is to identify, clarify, and frequently communicate YOUR personal story.

When people bond with you – they bond with your brand

As craft sellers trying to stand out there are two tracks you can create that prospects can follow. Track one is your personal story. Track two is your businesses story or personality. If you’re just starting out – be sure to get your personal story documented properly. Get it well developed and treat it like the cornerstone of your brand.

Crafting your story can be a real struggle. You’ll feel unsure of yourself, uneasy about how you word things, question your motives, reconsider your phrases, and rework your drafts over and over. That’s okay. Keep at it. Continue to refine and clarify your story. Document it consistently in all the online sites you occupy.

2 Types Of Descriptor Statements

One way to do this is to have a powerful descriptor statement. That’s a statement that describes who you are and what you’re all about.

You want a short version of the statement, (4 or 5 sentences long) for use in situations that call for a brief statement.

You also want a longer descriptor statement (as long as you’d like) for use on your “About Me” pages and situations that call for a longer amount of content.

A descriptor statement is how people find out who you are, what you’re all about, and whether they can relate to you or not. Let’s look at our example of Cinnamon’s short descriptor statement.

Example: Cinnamon’s Short Story

Here is what we say about her on our websites:

Screen Shot 2014-05-19 at 8.19.03 AM

4 Types Of Credibility Indicators

When you tell your story you want to include your best credibility indicators. A credibility indicator is any type of fact that implies you are a credible expert or recognized seller in your field. There are lots of ways to get and then use credibility indicators. Creatively look for them as you work to build your personal brand.

One caution, saying, “I’ve sewn for 40 years” doesn’t convey credibility – yet lots of online seamstresses like that phrase. Lots of people sew badly their entire lives, so it’s not a good phrase to use.

#1 – Who You Learned From

Did you learn from someone special, or did someone special inspire you? Even including a phrase like, “I was inspired originally by the work of Bob Mackie” can have a powerful impact.

#2 – Who You Work For

Do you have a customer base made up of credible people? Even saying a phrase like, “I design for and sell to the doll collector community of Indianapolis” is a powerful statement because it provides context.

#3 – Who You Associate With

Cinnamon became the brand ambassador for Bernina because we entered her in a contest (that only had three other entrants) and she won. Sometimes good credibility indicators come along in very ordinary ways.

#4 – Who’s Featured Your Work

Has your work been featured by a prominent magazine, website, book, or TV Show? These are natural credibility indicators. Want that opportunity? …

Be Featured In My Next Book

In my next book, Internet Marketing Power, I’m going to feature work-from-home entrepreneurs. If you’d like to write your short descriptor statement (4 or 5 sentences long) and send it to me I’ll include it in the book. Or you can simply leave it as a comment on this blog post and indicate that you want to be included. The deadline to participate is June 15, 2014. After the book comes out you can begin saying, “I’ve been featured in the bestselling book, Internet Marketing Power”as one of your credibility indicators. Cool right?!

Tell Us What You Think!

What’s your opinion on this topic? Have you seen it done well, (or poorly), and want to share that example? Tell us what you think!

Jason & Cinnamon

 

 

Auction Template Infographic

Hi everyone,

This morning I made a simple infographic outlining the items we use in our eBay auction listings. I hope you find it helpful – and feel free to pin it to Pinterest. You can see the original listing on eBay by clicking here, (for a few more months anyway). And you can snag a copy of the eBay Auction Power ebook here for just .99 cents. Don’t have a Kindle? No problem. You can read these ebooks via the Kindle Reader App for PCs, MACs, Smartphones, or Tablets. Get it here.

 


Auction Results infographic

Get eBay Auction Power For Just .99 Cents!

If David Ogilvy Was Your Ad Man!

Hi everyone,Screen Shot 2014-05-12 at 7.13.19 PM

The Newsletter Is Online – if you’d like a printable version simply click this link

In this week’s Newsletter we look at 7 Principles from David Ogilvy – the Father of modern advertising – and we adapt them to doll clothes selling!

Here is the full text as a blog post:

The father of modern advertising is a guy named David Ogilvy. He wrote the book on the topic. He was the ad man for Rolls Royce, Dove soap, and many other iconic brands. He created Ogilvy & Mather an enormously successful advertising agency. He was brilliant at getting products launched, sold widely, and installed as the #1 brand in their category.

Could He Do It For You?

If Ogilvy were hired to be the ad man for your small business (we’ll assume you sell doll clothes) what would he say to you?

Here are a few quotes and actionable principles that we think you might hear him say. We’ve modified his original comments slightly to fit our topic, but other than that – these are his original sentiments.

In the modern world of doll clothes selling, it is useless to be creative unless you can also sell what you create.”

Principle #1 – Focus On Sales
David was laser-beam focused on the sales process and believed strongly in the power of advertising to make sales happen.

If it doesn’t sell – it isn’t creative.”

Principle #2 – Sales Equals Success
Lots of people can make creative products and advertisements, but if the sales results aren’t there, then the product is a dud.

There isn’t any significant difference between the various brands of …cake mixes, whiskey, detergents, or doll clothes… The doll clothes maker who dedicates her advertising to building the most sharply defined personality for her brand will get the largest share of the market at the highest profit.”

Principle #3 – Stand Out
The strongest brand wins. Spend your time and energy creating a powerful brand concept and constantly do things to reinforce it.

David Ogilvy - Confessions Of An Advertising Man

David Ogilvy – The Father of Advertising

Advertising is only evil when it advertises evil things.”

Principle #4 – Don’t Despise Advertising
Ogilvy didn’t consider advertising as an art or entertainment. He considered it a method of sharing information. If your product is good – people will appreciate hearing about it. You should never be shy or ashamed of boldly proclaiming the truth about your work.

The more informative your doll clothing listing,

the more persuasive it will be.”

Principle #5 – Include Details
You’d be surprised how many doll clothes sellers fail to list even the most basic facts about their items, let alone the nuances. Do you include all the relevant facts about your doll clothes in your listing – a money back guarantee, a biography about yourself, an FAQ, details about how to find and follow you on social media, etc?

If you ever have the good fortune to design a great doll outfit, you will soon see another person steal it. This is irritating, but don’t let it worry you; nobody has ever built a brand by imitating somebody else’s work.”

Principle #6 – You’ll Be Copied
Don’t focus on your copiers; focus on the unfinished projects that you know will blow your customer’s minds. If you’re good people will copy – it’s unavoidable.

You have to decide what ‘image’ you want for your doll clothes brand. Image means personality. Products, like people, have personalities, and they can make or break them in the market place.”

Principle #7 – Build Your Brand
Work to ensure that every sales event you create, every ad, every website, or blog post adds distinct and memorable element to your overall brand.

Doing It Yourself

David Ogilvy joined the ranks of the dearly departed in 1999, so you’re on your own when it comes to creating powerful advertising. But if you stick to these seven principles – you’ll be well on your way to nailing it. You can do it!

Do You Have A Question?
This newsletter is written for you! So feel free to submit a question today. Submit it here. We are honored to partner with you!

Jason & Cinnamon

Jeff Walker Talks About Email Marketing

Email Marketing Power3DHey all, if you aren’t aware, we think Jeff Walker is the “real deal”. He created the “Product Launch” strategy and has a lot of wisdom.

In this video you can listen to what he says about email marketing – he calls it the #1 Rule For Building Your Online Business – and we totally agree. In this helpful video he also talks about the 2nd step in email marketing – how to build a good relationship with your followers.

We hope you enjoy this video – and remember, our Email Marketing Power ebook is just .99 cents! At that price you really can’t go wrong!

 

Marketing With Engagement Devices

Hi everyone,

The Newsletter Is Online – if you’d like a printable version simply click this link140505 engagement devices

Here is the full text as a blog post:

Marketing With Engagement Devices

Most salespeople will tell you that one of the most difficult parts of the sales process is getting past people’s initial defenses.

We all have a powerful force field we can project quickly that shields us from unwanted sales attempts. It’s an interesting psychological super power we all develop.

Of course some customers immediately want what we have – and they know, like, and trust us, so selling to them is easy. But other people aren’t interested and are much harder to work with. How do you get them to consider your offer?

The Old-School Marketers’ Trick

Turns out marketers have been trying to solve this problem for a long-time. One easy (and ethical) technique they’ve discovered is the “engagement device”.

It is a device that gets prospects to engage with you or your offer. If done well it allows the prospect to learn about your product without getting defensive.

You can’t (and shouldn’t try to) sell stuff to people who don’t want it. But you can (and should) allow people to know about your product or service so they can decide if it’s right for them.

The Best Engagement Devices

There are a few engagement devices that work incredibly well because they not only get you into a conversation with the prospect; they also give you further insight into your prospects opinions, attitudes, and interests. It’s a win-win. When you know people’s opinion you can refine your product or service for them.

Let’s look at three examples of the best engagement tools and how to apply them to your situation.

#1 Online Polls – Doing an online poll as part of the sales process is an easy and fun engagement device. You can use www.polldaddy.com for free and you don’t even need a website to use it.

If you read my special email last week, or visited https://makesellgrow.com you probably noticed I’m using several polls to collect people’s opinion about my newest ebook. I asked people to help me decide on the cover color, title and sub-title. Here is what one of the polls looked like: 

Screen Shot 2014-05-05 at 9.23.59 AM

I did this because 1.) I really needed the help to decide on the final choices 2.) I wondered what would be the most appealing to most people. 3.) I wanted a way to discuss my new book project in a way that was engaging.

#2 Comment Contests – You’ll also notice that I added a comment contest to the article with the polls. This had the extra benefit of getting people to share their opinion in writing and also explain their thinking in a more in-depth way. Offering a fun reward is also a nice way to boost participation.

#3 Surveys – Doing a survey of your existing or prospective customers gets them involved in the process in a fantastic way. You can use a site like www.surveymonkey.com for free.

How To Use These Methods

So at this point you might be thinking – I sell doll clothes on Etsy, how am I supposed to use engagement devices to help sell my items? The short answer is – use the engagement devices wherever you are communicating with prospects and customers.

Email: The best option is probably email marketing. Etsy allows you to collect email addresses via your “About” page, and they explain those details here.

Of course we’ve outlined our email marketing strategies previously in our Email Marketing Power ebook, (it’s just .99 cents on Amazon).

Social media: Facebook is another great way to use engagement devices. Of course we’ve always loved Youtube for contests. You could say a design contest is a form of a comment contest – and it is certainly an engagement device.

Blog: You can also use these types of tools on your blog. Don’t have one? Consider using Wix.com, Weebly.com, or WordPress.com – all of them are free – and for some reason they all start with the letter “W”. I’m not sure why.

Bottomline – get people to join you in a conversation about your product today with engagement devices.

Do You Have A Question?

This newsletter is written for you! So feel free to submit a question today. Submit it here. We are honored to partner with you!

Jason & Cinnamon

 

 

Help Me Decide On My New Book Title

[Update – Contest Ended – Thanks for participating everyone! The winner was chosen on the 5th – Congrats to Lori B from Indiana she has been contacted and the books have been sent. The new book will be out in June – stay tune for more info about it – and thanks again.]

Hi everyone,

So I’ve got a new ebook ready to publish, but I don’t know what the title should be. I am hoping you can help me decide by participating in my 3 polls, (one poll about the title, one about the sub-title, and one about the color of the cover).

About The ebook: The ebook is all about increasing your income! It is filled with advice and recommendations about salary negotiation, strategies for getting promoted, and ultimately, how to create a small business revenue that can liberate you from the 9-5 world. Some of you may know that I started my 9-5 career as a compensation Analyst, then HR Generalist, then ultimately SVP in charge of HR (and Marketing). So I have lots of stories, tips, facts, and suggestions about how to optimize your most important asset – your income potential.

Okay, here is how I need your help…

Poll #1 – The Title, (Leave a comment on this post if you have a suggestion).


Poll #2 – The Sub-Title, (again, leave a comment on the post if you have a suggestion).

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Poll #3 – The Cover Color, (again, leave a comment on the post if you have a suggestion).

Bonus Comment Contest: [ENDED] Thank you all for helping me figure this out – I truly appreciate it. And, as a special bonus – if you leave a comment below – you’ll be automatically entered to win a fun book bundle from me. (No purchase necessary, void where prohibited). The winner will be chosen on Monday May 5th. They will be sent the following awesome prize:

1. A paperback copy of Instagram Power

2. A paperback copy of Youtube Marketing Power

3. A paperback copy of Craft Business Power