Marketing Coach: Grow Your Business with Selective Access
There's an old marketing saying - create services around your products and productize your services.
This is good advice because it works for big businesses like IBM and it works for smaller businesses - like yours.
IBM used to be in the computer hardware business... They were struggling and almost went under in the early 1990's when IT hardware was becoming commoditized. Under new CEO Louis Gerstner, they decided they were in the business of solving business problems, not selling boxes. Within a few short years, their services and consulting revenue dwarfed their hardware sales.
For most small and solo professional service providers, our commodity is our time. Yet our value lies in our expertise.
So how YOU package, market and distribute your expertise become central to your lead-generating and revenue-generating success.
And the best way to do that is to implement a model I call "Selective Access."
Imagine you are running a 5-star restaurant. Your flagship offering is a 7-course gourmet dinner. You also offer lunch which is less fancy (and less expensive). And perhaps you have an up-scale catering or to-go division too.
Prices vary depending on the following four factors:
1. Quality and quantity of ingredients
2. Complexity of preparation
3. Level of service
4. Level of access to the dining environment
Put simply - dinner costs more than lunch which costs more than a snack to-go.
In my own business, I offer 1-on-1 marketing mentoring (dinner), I run group marketing programs several times each year (lunch) and I work with a few people each month via 1-hour pinpoint sessions (just-enough, just-in-time power snacks!)
Plus I occasionally throw in a "happy meal" which is a free high-value session that's open to everyone.
Now let's turn the spotlight on YOUR business. Think about - or grab a piece of paper and jot down - what the following looks like in your world:
1. YOUR Flagship investable opportunity:
2. YOUR Secondary investable opportunity:
3. YOUR "To-go" offering (high-value, low-risk, fast, affordable)
4. YOUR FREE happy meal (think of this as a high-value "gift" you can offer to folks who might be good prospects.)
YOU'RE INVITED: The next "happy meal" coming your way is Tuesday 10/30 at 2pm Eastern. It's a zero-cost high-impact Marketing Blueprint Session and you can read about it here.
Hope you'll join us on 10/30.