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Marketing:
  Get Started. Get results.
Get better. Get better results.
Marketing Cycle and LEAKS…




Each arrow represents a point at which customers or prospective customers are lost
Session 2 review …
Buying Customers …
  Allowable acquisition cost – the amount you can
  invest that will be recovered the first time a
  customer buys from you

  “Branding” or long-term acquisition cost – a
  marketing investment that will not be fully recovered
  from the first time a customer buys from you –
  requires a long-term customer relationship
Homework example:
Measuring the immediate ROI of a campaign…
Cost of the marketing campaign:                   $1,000
Number of leads generated:                 100
Number of buying customers:                 40
Cost of a buying customer:  $1000/40                $25
Total sales from campaign:  $4000
Average sale per customer:   $4000/40 = $100
Average margin per custom @ 40% margin:             $40
Current ROI / customer: $40margin - $25cost =       $15

Total current ROI: $15 x 100 customers =          $1500

Net current gain on investment: $1500 - $1000 =    $500

(Net 50% return on investment)
Homework example:
Measuring the annual ROI …
Average number of annual transactions/ customer: 12
Average margin per customer transaction: $40
Total annual margin per customer: 12 x $40 = $480
Number of new customers from campaign: 40
Annual margin ROI from campaign: 40 X $480 =          $19,200


Total cost of campaign =                              ($1,000)


Net annual gain on investment =                       $18,200


(1820% return on investment)
3 Most Important Parts of
any Marketing Campaign ...
The customer’s viewpoint…
          What’s
          In
          It
          For
          Me
Could have said 16 rooms, short hallways, etc
Seven seconds….
Soooo…
•   What caught your attention?
•   What are they offering?
•   Do you care?
•   What is the target market?
•   What are the benefits? (not features)
•   What do they want you to do?
•   Why should you do it?
•   When should you do it?
•   HOW COULD THIS BE BETTER?
Seven seconds….
Seven seconds…
•   What caught your attention?
•   What are they offering?
•   Do you care?
•   What do they want you to do?
•   Why should you do it?
•   When should you do it?
•   HOW COULD THIS BE BETTER?
Session 3…
•   USP – Unique Selling Proposition
•   Guarantee
•   Your Offer
•   Discounts and Price Increases
Niche Marketing is about creating a …
Why??...
Creating Your Niche
What are the 3
 biggest and worst
frustrations people
 have when buying
   from you … ?
Your OFFER…
•   What is it?!
•   What time do they have to act?
•   More for the same, not the same for less.
•   Discounting – do you know the effects of
    discounting on you profits?
Why do people discount?
Why don’t people raise prices?
Foundational topics covered so far…
•   The 5 ways marketing chassis
•   Marketing cycle
•   Target market
•   WIIFM? (What’s In It For Me? – the customer’s viewpoint)
•   Buying customers (allowable cost and “branding”)
•   AIDA (Attention, Interest, Desire, Action)
•   KPIs (Key Performance Indicators)
•   USP (Unique Selling Proposition)
•   Guarantee
•   Your offer
•   Discounting and raising proces
Homework…
• USP
• Guarantee
• An offer – for your product or service tailored
  to a specific market

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Class Session 3

  • 1. Marketing: Get Started. Get results. Get better. Get better results.
  • 2. Marketing Cycle and LEAKS… Each arrow represents a point at which customers or prospective customers are lost
  • 3. Session 2 review … Buying Customers … Allowable acquisition cost – the amount you can invest that will be recovered the first time a customer buys from you “Branding” or long-term acquisition cost – a marketing investment that will not be fully recovered from the first time a customer buys from you – requires a long-term customer relationship
  • 4. Homework example: Measuring the immediate ROI of a campaign… Cost of the marketing campaign: $1,000 Number of leads generated: 100 Number of buying customers: 40 Cost of a buying customer: $1000/40 $25 Total sales from campaign: $4000 Average sale per customer: $4000/40 = $100 Average margin per custom @ 40% margin: $40 Current ROI / customer: $40margin - $25cost = $15 Total current ROI: $15 x 100 customers = $1500 Net current gain on investment: $1500 - $1000 = $500 (Net 50% return on investment)
  • 5. Homework example: Measuring the annual ROI … Average number of annual transactions/ customer: 12 Average margin per customer transaction: $40 Total annual margin per customer: 12 x $40 = $480 Number of new customers from campaign: 40 Annual margin ROI from campaign: 40 X $480 = $19,200 Total cost of campaign = ($1,000) Net annual gain on investment = $18,200 (1820% return on investment)
  • 6. 3 Most Important Parts of any Marketing Campaign ...
  • 7. The customer’s viewpoint… What’s In It For Me
  • 8. Could have said 16 rooms, short hallways, etc
  • 9.
  • 11. Soooo… • What caught your attention? • What are they offering? • Do you care? • What is the target market? • What are the benefits? (not features) • What do they want you to do? • Why should you do it? • When should you do it? • HOW COULD THIS BE BETTER?
  • 13. Seven seconds… • What caught your attention? • What are they offering? • Do you care? • What do they want you to do? • Why should you do it? • When should you do it? • HOW COULD THIS BE BETTER?
  • 14. Session 3… • USP – Unique Selling Proposition • Guarantee • Your Offer • Discounts and Price Increases
  • 15. Niche Marketing is about creating a …
  • 18. What are the 3 biggest and worst frustrations people have when buying from you … ?
  • 19. Your OFFER… • What is it?! • What time do they have to act? • More for the same, not the same for less. • Discounting – do you know the effects of discounting on you profits?
  • 20. Why do people discount?
  • 21. Why don’t people raise prices?
  • 22. Foundational topics covered so far… • The 5 ways marketing chassis • Marketing cycle • Target market • WIIFM? (What’s In It For Me? – the customer’s viewpoint) • Buying customers (allowable cost and “branding”) • AIDA (Attention, Interest, Desire, Action) • KPIs (Key Performance Indicators) • USP (Unique Selling Proposition) • Guarantee • Your offer • Discounting and raising proces
  • 23. Homework… • USP • Guarantee • An offer – for your product or service tailored to a specific market