Posted by BJM | Under business opportunity, desktop publishing, home business, information, mail order, money, reports, technology, work at home, work from home
Monday Sep 21, 2009
HOW TO GET RICH WITH CD-ROMS (1 OF 2)
CD-ROMs are the way of the future. Not only do the turn your computer into a super-high-powered knowledge and entertainment machine, they can make a LOT of money for you, if you have vision and the willingness to try some new things. This report will explain exactly what CD-ROMs are, and how they can bring high profits for you.
A CD-ROM is basically a compact disk (like the kind music comes on) that can be used in a computer. CD stands for Compact Disk, ROM stands for Read-Only Memory (which means your computer can read what’s on the CD, but it can’t write new information to it). In order to use a CD-ROM on your computer, you must have a CD-ROM unit, much like a disk drive, installed in your system. These CD-ROM units can either be internal (installed inside the computer case) or external (hooked to the computer by a cable). Note: Most CD-ROM units can also play regular music CDs, as well as the new Kodak Photo CDs.
Why would anyone want a CD-ROM unit? Well, for one thing, a CD-ROM can hold tons more information and programming than a regular computer disk, almost 400 times as much, to be exact. For example, there are whole encyclopedias that come on only one or two CD-ROMs! And these aren’t just plain, boring encyclopedias, either. The high amount of storage on a CD-ROM allows full-motion video, digitized sound, and other special effects to be included. For example, if you look up the first moon landing, you might see an actual short video of Neil Armstrong stepping onto the moon, and you might hear him say his famous “one small step” speech!
CD-ROM games are incredible! Many CD-ROM games are ultra-realistic, with real actors, real speech, and thousands of possibilities.
Desktop publishers love CD-ROMs, too. There are CD-ROMs available that hold thousands of typestyles and clip-art graphics.
The ability to use CD-ROMs is almost essential these days if you run a BBS (Bulletin Board System, accessible by modem users). There are dozens of CD-ROMs available that contain hundreds of shareware programs each. Callers to your BBS can download these programs to their computer, so they can use them. With a few of these, you can have the largest file base of any BBS in your area literally overnight!
Major software companies are jumping onto the CD-ROM Catalog bandwagon. Some companies are now putting all of their programs onto a CD-ROM. These programs will be hindered in some way from functioning 100% (for example, a word processing program may not be able to save what you’ve typed). They do this so you can try the program and see if it’s what you want. If you like the program, you can call them, give them your credit card number, they will charge you for the cost of the program, send you the manuals, and give you a code you can type in to make the program fully functional. They are discovering that it is very cost effective to operate this way, plus, people get to try more software out, and potentially purchase more.
So, this is the “why” of CD-ROMs. Just how can they make money for you, you might ask?
First, you need to know how popular CD-ROMs are becoming. According to an article in Fortune magazine (February 21, 1994), about 15% of the 5.85 million computers sold last year contained CD-ROM units. That’s over 877,000 CD-ROM units, just in 1993. That doesn’t count the tens (or hundreds) of thousands of people who are adding CD-ROM units to computers they already own. In other words, this is a HUGE market!
Have you ever been to a music store where they sell used music CDs? Used CDs are as good as new ones, and you can usually buy them for half the price of new CDs. This has become an industry in and of itself. People naturally want to save money, but get the same quality of product.
Remember the number of people I mentioned earlier who either bought a computer containing a CD-ROM or bought one to add on to their current system? They’ll be buying CD-ROMs. After awhile, they’ll get tired of the particular CD-ROM they purchased. They may have finished a game, and not want to play it again. Or, they may have bought a CD-ROM that they just plain didn’t like.
START YOUR OWN USED CD-ROM BUSINESS! HERE’S AN OVERVIEW…
You can run a used CD-ROM business much like the used music CD business is run. Here’s a nutshell description of what happens in a typical used music CD store. Almost everything will function the same for CD-ROMs.
A customer brings in a CD that they want to trade-in. If the music store owner wants it for his or her stock, they’ll usually offer the customer $2 to $5, depending on the demand for that particular CD. Then, they’ll slap a price of $6 to $10 on the CD, and put it out for sale.
That’s basically all there is to it. The difference with CD-ROMs is the price. Music CDs, at least in my neck of the woods, retail for around $14 to $16 each. CD-ROMs usually start around $25, and can cost over $150! The price varies with the type of program on the CD-ROM (games are cheaper than encyclopedias, for example). If you were looking for an encyclopedia CD-ROM, and could buy the same one for either $150 new, or $75 used, and they’d both function the same, which would you buy?
The basic formula for this is to offer the customer who brings in a CD-ROM 20% to 40%of the usual selling price for that particular item. Then, you retail it for 50% to 75% of the usual selling price, depending on the demand for that item. If it’s a hot new game, give the customer a bit more and price it higher.
You don’t have to give the customer money, either. You can give them credit toward another CD-ROM from your stock. One used music CD store in my area might give me $3 for a CD I bring in if I want cash, or one new or used CD for every two I bring in. This makes a lot of sense. For example, if they paid $4 for the CD I want and I give them two CDs, they’ve basically paid $4 for TWO CDs, which they might sell for $8 each. Thus, they paid $4 for $16 worth of CDs. Not bad, and you can do this too, with your used CD-ROM business. Be sure to keep good track of the amount you paid for the CD-ROM your customer selects in this sort of trade, making sure that you will profit from the two they bring in.
Well, that’s an overview of the used CD-ROM business. Now let’s get down to details. I’ll tell you how I would run a business like this. You put your thinking cap on while you’re reading this, and I’m sure you’ll think of some ideas, too.
This is part one of a two part report. Part two will be published on Wednesday the 23rd.
Posted by BJM | Under business, desktop publishing, home business, information, mail order, marketing, money, printing, reports, resell, technology, work at home, work from home
Monday Sep 14, 2009
HOW TO TURN YOUR COMPUTER INTO A MONEY-MAKING BATTLEAXE! (Part 2 of 2)
Part 1
The first part of “HOW TO TURN YOUR COMPUTER INTO A MONEY-MAKING BATTLEAXE! (1 of 2)” was published last Friday.
WHY DO PEOPLE BUY INFORMATION?
An important thing to keep in mind is that every single person who buys an information product does it for one of two reasons: to avoid a pain, or to find a pleasure. Sometimes the reason they bought the product could be both. For example, why did you buy this issue (or subscription)? Did you want to learn ways to make extra money? That’s finding a pleasure. Or, did you want independence from working for someone else for the rest of your life? That’s avoiding a pain. Use this fact as a guide that will help you attack an information subject from the proper angle. Show your target market how to find the pleasure or avoid the pain, and they will buy.
How do you find information on a subject you’re writing about? There are many ways. Your local library can provide most of the information you’ll need. You can interview experts on the subject, either in person, or through the mail or phone. Write to groups and associations connected with the subject. Whatever you do, though, DON’T just copy the information you find. This will more than likely violate copyright rules.
DON’T WANT TO WRITE?
If you still don’t feel like you can successfully write an information product, or just don’t want to, there is still a way you can get a successful start in this business. What you need to do is find information that is either PUBLIC DOMAIN or includes REPRINT RIGHTS.
Public domain means no one controls the copyright. Either it is older material that never had the copyright renewed, or it was released free of copyright to the public. One excellent source of copyright-free material on a myriad of subjects is the U.S. Government Printing Office. If you want some information on a certain subject, or want to get on their mailing list, write:
Superintendent of Documents
Government Printing Office
Washington, DC 20402
The best type of material to look for, though, is information products that include reprint rights. In other words, when you buy the product, you also buy the right to reproduce it and resell it. Many times, a sales flyer or advertisement is included, with a spot left open for your name and address, so you can immediately start making a profit. This is a secret of the business that has been kept our of the general public eye. You can find droves of material like this mostly from mail order dealers who specialize in informational products. Everything from single page reports to full books are available. Besides being great for starting out, reprintable materials are also fantastic as add-ons to your own line of products. That’s what I do, and it works great!
When you purchase an information package including reprint rights, the smart thing to do is type the material into your word processor, and save it to your hard disk. That way, when you receive an order, all you need to do is print out a copy.
A breakthrough in the reprint rights business has been the emergence of reprintable material already on disk. Most of the products are contained in ASCII text files, which can be loaded by almost any word processor. Some of the disks even contain menu and printing programs, so your word processor isn’t required. I have an excellent product like this available, called the INFO-DISK Business Report System, which contains over 120 reports that you can print out and sell. The package includes personalized flyers and ads, so you can get started right away. I’ll tell you more about this later… back to the information!
By the way, you don’t have to limit yourself to the printed page. Information can be published on audio cassette, computer disk, video tape, use your imagination! If you’re writing about how to refurbish old bicycles make a video! You can do it with a regular home video camera, with some practice. Or, create your product on audio tape. This can be as simple as reading your printed info-product into a tape recorder. Thus, your customer can listen and learn while driving, riding a bike, or whatever.
Whatever publishing method you use, be sure to copyright your original material (even if you’re creating a product that will be sold with reprint rights - you still own the copyright, you just give certain people the right to reprint your work). This can be done easily and with no expense by putting a copyright notice on your product, such as this: Copyright 1993, Pat Flanagan Publishing & Design. Either spell out “Copyright” or use the official copyright symbol (the letter “c” with a circle around it). Don’t use (c), as this is not legally acceptable. If you have put together valuable information that people may want to copy, you can officially register your copyright. Call the U.S. Copyright Office at (202) 287-9100, and they will send an application form, along with full instructions.
MARKETING YOUR INFO-PRODUCT
I’ve written a lot about marketing in many of the articles in my own and other publications. All of the methods I’ve discussed are applicable for info-products. For example, read the report on this disk titled “Power marketing with your Modem” for some good low cost publicity methods.
The most important marketing methods you can use are press releases (send them frequently); reviewers (get your product to as many of them as you can); articles/columns (offer to write articles on your subjects for publications free of charge - as long as they include a short paragraph you supply that contains your name and address, and a short description of how readers can benefit from you and your products); and, of course advertising.
When advertising, the best method to use is the two-step. That’s not a dance; it’s advertising that asks for inquiries instead of selling the product outright. People write for more information, and you send them a ton of info on your products and services. This is what draws the order. It’s much less expensive, easier, and produces better results than a bunch of expensive ads which will send you to the poorhouse if they don’t pull.
There are many ways to cut your mail order ad expenses. You can use expanding classified ads (your classified ad gives a “teaser” message with a phone number - callers get an answering machine that delivers a 2-3 minute sales message, and takes credit card or COD orders); you can use print & mail dealers (they will print and mail your flyers or ads by bulk mail to large numbers of people - usually opportunity seekers - for much cheaper than if you tried to do it yourself); you can advertise electronically on computer Bulletin Board Systems; you can create your own ad sheets (your ad takes up part of a sheet or sheets of paper, and you sell the rest of the space to pay your ad’s way - this is a business in and of itself); and you can set up your own advertising agency (most large magazines and newspapers give agencies a 15% discount and an additional 2% discount if paying in advance - create a new business name with new letterhead to do this).
IMPORTANT RULES TO FOLLOW FOR BUSINESS SUCCESS
Guarantee your products - Offer a money back guarantee on your products. If you feel uneasy doing this, maybe your product isn’t as good as it could be. If you are proud and confident about what you’ve created, you shouldn’t have any qualms about doing this. A guarantee will boost your sales by building customer confidence.
Always be good-natured with your customers, even when they complain - If you’re surly with your customers, they’ll tell others not to do business with you. Enough said.
Keep your ears and eyes open - Watch what others in your field are doing. If you see a company that has come up with a good idea, think about how to adapt it to your own business.
Walk a straight path - Be honest, pay your taxes, be ethical, etc. You’ll sleep much better at night.
Don’t be afraid to admit your mistakes or failures - You won’t hit a home run every time you go to bat. If you create a product that doesn’t sell, don’t run your business into the ground trying to get it to sell. Drop it and move on. Keep plugging away, because mail order is a “get-rich-slow” business when done right.
Share your knowledge - Once you’re good at this business, help others get in. Teach a beginner what you’ve learned. This is called mentoring, and I feel it’s an important concept. It helps you stay in touch with your business, and helps the home business and small business industries grow and advance.
Above all, HAVE FUN! - Why work so hard to get into your own business if you don’t even like it? Take things lightly, and have a bit of fun. Self-publishing can be a very rewarding, relaxing and fun business. Stay at home with the family, work a few hours a day, and enjoy what you’ve accomplished.
CONCLUSION
Self-publishing your own info-products can be done by anyone who’s willing to apply themselves and reach past their limits. It’s not as hard or expensive as you think. Start small, with a few short reports, and work your way up. Look at me - I’ve publish a newsletter, a book, this disk, and literally hundreds of info-products, all from an office in my home. If I can, you can too!
Part 1
The first part of “HOW TO TURN YOUR COMPUTER INTO A MONEY-MAKING BATTLEAXE! (1 of 2)” was published last Friday.
Posted by BJM | Under business, business opportunity, desktop publishing, home business, information, mail order, money, reports, resell, technology, work at home, work from home
Friday Sep 11, 2009
HOW TO TURN YOUR COMPUTER INTO A MONEY-MAKING BATTLEAXE! (Part 1 of 2)
Why did you buy your computer? Did you buy it to play games? Fair enough. Did you buy it to help you keep track of your current business? Good answer, too. Not sure why you bought it? That’s okay. That probably describes most people.
Here’s something you should know… your computer is an important tool that can springboard you into a very high-profit business! How high? 1000% profits good enough for you? If not, you’re too greedy, but if that sounds good to you, read this report. You’ll learn how you can start a highly profitable business creating and selling INFORMATION PRODUCTS with your computer.
Selling information is, in my opinion, THE best business. Why? Well, there are a number of reasons. Among them,
- It’s easy and inexpensive to start
- It’s easy and inexpensive to run on an ongoing basis
- It can be run in spare time or full time
- Anyone, young or old, male or female can do it
- It can be run from the home
- It can have incredibly high profits
- There’s no need to tie up a bunch of money in inventory
A very important aspect of this business is that people will ALWAYS want information. It’s not a business based on trends or fads (unless you’re writing about them), and competition isn’t as big a factor as in other businesses. There may be other people writing about the same subjects as you, but there will always be many angles and approaches that can be taken toward the same subject. This will make your information product unique.
There is no limit to the types of subjects that can successfully be sold. People will always want to know: ways they can make or save money; information about hobbies they either are involved in or want to start; travel tips and techniques; how-to information about various trades and businesses; and much more. The secret to doing this successfully is called TARGETING.
Targeting means that you are producing specialized information that will appeal to a specific group of people. To paraphrase an old adage, if you try to be all things to all people, you won’t succeed. But, if you try to be a certain thing for a certain group, you WILL succeed.
The trend that has shaped and reshaped this business, more than any other, has been the explosion of direct mail marketing. People are buying more and more by mail, and it seems like each year doubles the previous year. The great thing about direct mail marketing is that there are many ways you can isolate a specific group of people and market directly to that group.
To put this another way, if you put an ad in a newspaper that has a circulation of 25,000, maybe only 5,000, or even 1,000 or less, will be interested in what you have to offer. However, if you put your ad in a publication that has a circulation of 25,000 people interested in fishing, you’ve just targeted a group that will be interested in what you have to offer (as long as your offer has to do with fishing). The more you narrow down your target group to the exact people who will be interested in your information products, the more success you will see. This is targeting.
So how does your computer help you in this business? Well, besides the obvious uses of keeping your customer list and organizing your accounting needs, your computer can completely eliminate the need for inventory. That’s right! Create your info-products with your word processing program, and you can print them out whenever you need them, however many you need. That way, you don’t tie up a lot of money in printing and storage, plus, if you happen to create an info-product that DOESN’T sell (everyone does - just ask me!), you don’t get stuck with a bunch of product you can’t sell.
Also, the computer makes it easier to create these products. You say you can’t write? Well, don’t get scared away. You don’t have to be Tolstoy in this business. Here’s the secret: WHEN YOU WRITE SOMETHING, PRETEND YOU’RE TALKING TO A FRIEND! MAKE IT LIKE A CONVERSATION, AND IT WILL BE EASY TO WRITE, AND EASY TO READ. That’s exactly how I write. I do all my writing just like I’m sitting across the table from a friend of mine, or writing a friendly letter. Too many people churn out stilted, boring, college professor-type writing, thinking it sounds “high-minded” or “educated.” It’s just hard to read, that’s all. Conversational writing is the best, and the computer makes it easy. If you can type with any reasonable speed, you can type faster and longer than you could write, without getting tired.
PICKING YOUR SUBJECTS
What to write about? Make a list of everything you know. I know, that can be easier said than done. You may think you don’t know enough about much of anything to write about, but that’s not true. All of your hobbies, interests, work experiences, etc. can be great starting points.
Don’t worry about how much information you can pull out of a subject. Info-products aren’t all 200 page books. Successful information products have ranges from large books all the way down to single page reports! A three page report that costs less than 50 cents to print out and send can be sold for $5. What percent profit is that?
Pick a subject from your list that you think would interest a good number of people. Now, list the possible questions you could answer. The best way to organize them for an info-product is usually the “problem-solution” method, where you state the problem or question, then give the solution or answer. Now, talk to your imaginary friend! Tell him or her story. If it helps, talk out loud into a tape recorder! Then, type it with your word processor. You’ve just created your first info-product!
Another, more powerful way to create an information product is to find a market that is hungry for information, then research and write products that will feed this hunger. If you know the market is already there, then half your work is done for you!
How do you go about finding these markets? By doing a little creative research. The simplest method is to go to your library, and get at least eight consecutive months or more of magazines that have large classified and mail order ad sections. Look through the ads and find the ones that keep appearing in each issue. These ads are obviously drawing orders, or else they wouldn’t keep running. Make a list of the subjects of these ads. These will be some good markets to explore. And don’t worry about the competition! Offer these markets something different and better, and you’ll find success.
Part 2
The second and final part of “HOW TO TURN YOUR COMPUTER INTO A MONEY-MAKING BATTLEAXE! (2 of 2)” will be available next Monday.
Posted by BJM | Under advertising, art, business, desktop publishing, information, mail order, marketing, printing
Tuesday Sep 8, 2009
WHY IS THERE SO MUCH JUNKY STUFF IN THE MAIL THESE DAYS?
I hear it all the time: “There is so much junky stuff in the mail. Most of the stuff is crooked, hard to read, copied 100 times and ugly. I wouldn’t order from them regardless of what they were selling.” I agree!
In fact — I have wondered what would possess people to actually send out some of this “junky” stuff. Don’t they realize it will cost them a great loss in potential sales? Don’t they care? Don’t they realize that they are actually LOSING money?
However, remember the old saying: “The rich get richer and the poor get poorer?” While a poor person of today can be a rich person of tomorrow — a person that stays poor their entire life does so because they have made themselves that way. They have never learned the proper way to conduct business in order for it to turn a profit for them. Some of them may have tried and tried — but for some reason, they continually made bad decisions to keep themselves poor.
Let me give you a common example of what I mean. Around the first of the month, go grocery shopping. This is the time that people shop who are on fixed incomes and draw food stamp benefits. (I consider this the poor side of America.)
Now — watch their buying habits very carefully. Very rarely will you see someone use manufacturers’ coupons to save money. Very rarely do you see them purchase a brand name product (unless its cigarettes or beer.) Most of the poor people ALWAYS purchase unbranded products. These are fine in some circumstances, but if a poor person buys a unbranded name of laundry detergent or dishwashing liquid — it will run out 3 or 4 times faster than name brands like Dawn, Ivory and Palmolive. Sure — the name brand costs more in the beginning, but the long term effects will save the poor person lots of money!
What does going to the grocery store and watching poor people have to do with junky mail? Plenty! Junky mail is created by people who will never be more than they are today — OR they are people who have been taught by bad teachers and are trying to do what they are told. The fact remains through — ANYBODY can look at other things that come in the mail and learn from them. EVERYONE gets mailings from large companies that are written by professionals to sell products. All the mail order dealer has got to do is READ them.
When a piece of mail arrives that appears professional and looks like it came from a company who had a lot of money — dissect it. Find a way that YOU can make your materials look like theirs for a price within your budget.
One problem that some dealers have who mail this “junky” stuff is that they don’t believe they can look good without investing a lot of money. It doesn’t take a lot of money to look good. Just like it doesn’t take a lot of money to take a bath every day! You can still be poor but accomplish the same goal.
Another downfall for “junky” mail pieces is that quick-copy machines have made it easy for anyone to make copies. Copy machines are at most grocery and drug stores, libraries and convenient marts across America. Some people buy a desktop copier for $300 or $400 and use it to make copies of their adsheets; while others order typesetting and make copies of their camera-ready ads so they’ll have more copies.
This is all fine and dandy if you are copying a first-generation master, but if you are running a program or commission circular dealership you can’t get by with making quick copies and expect the quality to hold up. Suppose you have a typesetter design you a 8.5″x11″ circular for your program. You will give new dealers a copy of the circular from your original master the typesetter designed.
The new dealer now has a second-generation copy. He or she signs up new dealers and makes a copy of your copy. Those dealers are now getting a third-generation copy, which is probably looking poor and worn-out by this time.
Now, the guy with the third-generation copy sends it to a tabloid publisher who prints and mails it in their publication. This particular printing is now in it’s fourth-generation. Can you imagine what it looks like now?
Don’t believe me? Try it on a copier yourself. Take a camera-ready master and make a copy. Take the copy and make another copy from it. Compare the difference between this second copy and the camera-ready master. You’ll see how the circular is deteriorating — regardless of how professional it was originally typeset! This is one reason mail order is looking “junky” and it’s up to everyone to put a stop to it!
And don’t make the decision to keep your business poor and non-productive! Instead, you could be the next Montgomery Ward!
Posted by BJM | Under advertising, business, desktop publishing, information, mail order, mailing list, marketing
Monday Aug 17, 2009
ADVERTISING MISTAKES: HOW TO AVOID THEM
Advertising isn’t hard to do. You prepare an advertisement or write a classified ad to sell your product or generate interest to send people more information. But the way most people make mistakes is either by their inability to write effective ad copy or by sending it to be published in the wrong publication. Here are some pointers to follow:
Writing Effective Copy
Never try to sell anything costing more than $5 in a small display ad or a classified ad. First of all, you don’t have enough room to tell people everything they need to know to entice them to order.
Instead, you need to employ the “Two-Step” method of advertising. Request the reader to send you $1 or 4 first-class postage stamps for more information. When they respond, you will send them a brochure, flyer, order form and cover letter so they can place an order for the real product.
Now that pricing is out of the way lets talk about writing your ad copy. The best way to learn how is to read the ads other people have written. Don’t copy them word-for-word, but use them as a guideline to write your own ads. Once you get the hang of it, you’ll be writing effective ad copy just as well as the pros.
Here’s an example of an ad you could use to sell automobile wax: Free information on the best wax available on the market. If you care about the lasting beauty of your vehicle, send $1 for complete details to (your name and address.)
Advertising in the Right Publication
Even if you make and sell the best candy in the world, you probably couldn’t sell very much of it to people who are diabetics. The same goes for selling race car parts to women or dentures to teenagers.
Although this may sound a little silly and you think it is only common sense to know this — people will often overlook this fact when choosing the publication they will be advertising in. Instead, they will look for the lowest price for the amount of circulation they receive. Unfortunately, this does not work out.
Even though you need to look for good deals that make it easy on your pocketbook, you will be throwing money away if you don’t pre-qualify the publication you choose.
One way of pre-qualifying the publication is to send for a sample copy. Most publishers will send them to you free of charge for the asking. If you don’t know of any mail order publications, just write to Glenn Bridgeman, PO Box 10150, Terra Bella CA 93270 or William Lee, Rt 1, Box 10790, Madisonville TN 37354 and ask them to send you some. (Be sure to enclose $1 or 4 first-class postage stamps in with your request to offset postage costs.) If you tell them you are new to mail order and are interested in publications to advertise in, you certainly will find the $1 you spent is well worth the effort because both of these publishers are very reputable, honest and helpful.
Study the publication to see what other people are advertising and how they are advertising it. Contact some of the people who sell items similar to your own with the hope of networking with them. You would be surprised how much free publicity you can get just from corresponding, calling and networking with others.
Once you locate a publication you want to advertise in, give it a try for 3 months. If you don’t get any response or only a few orders, try another publication. There are millions of them and eventually you will hit the right target market that will be interested in what you have to sell.
Don’t Stop With One Publication
Just because you locate the target market of people who are interested in purchasing your product there is no reason you can’t advertise in more than one publication. In fact — if you don’t, your ad will become stale. If the same people continue to see your ad every month they will probably get tired of looking at it. Besides, if they wanted the product they would have ordered it by now. Don’t tire them out! Alternate different size ads and get rid of ones that don’t work well.
Leave your ad running as long as it brings in orders for you but also advertise in 5, 10, 20 or 50 other publications also to generate a steady stream of orders and to reach more people.
Key Your Ads
Many beginners in mail order never key their ads so they know what publication people saw their ads in. In fact, I personally never did this myself and ended up losing a lot of money. So please don’t make the same mistake I did.
Keying your ads means that you place a code of some sort in your address so that when people write and order something from you, you immediately will know where they saw your ad. Keep a record of every name and address of the publisher you send an advertisement to. Record the date you sent the ad and the date you received a checking copy, proving that your ad appeared. Also record the “code” you used so you can immediately identify where it came from.
An example of coding your ad would be: If your address is “123 Anytown St,” it could become “123 Anytown St, Suite A” for one publication and “Suite B” for another. The postman will still deliver your mail to “123 Anytown St.”
Of course, if you live in an apartment complex and there are apartment numbers you could turn “111 Johnson, Apt A” into “111 Johnson, Apt A-1″ for one publication and “Apt A-2″ for another.
Post office box addresses are also simple. You could easily turn “PO Box 585″ into “PO Box 585, Dept A-1″ for one publication and “Dept A-2″ for another.
People will sometimes even change their name on the ad for keying purposes. You might see the name “Harriet’s Recipe Book” instead of Harriet Ranger. Harriet might also use “Harriet’s Cookbook” or even “Harriet’s Solution to Stress” on her ads relating to these products. Use your own imagination and pretty soon, keying your ads will be a normal part of your life.
Be sure and keep track (on your Record Sheet) of how many responses you receive from each publication. After 3 months, look over your Record Sheet and get rid of the publications that didn’t do well. You’ll go broke if you spend $10 per month advertising a 2-inch ad if you only receive $1 back in orders. After while you’ll be able to see where it pays you to advertise your particular product and then you can send in larger ads to those publications. Never stop using this method and you’ll never stop getting orders in your mailbox.
It’s a win-win situation for everybody!
Tabloids vs. Adsheets
Another question about advertising that many people have is whether it’s better to advertise in tabloids or adsheets. Many people will sell you information on the best day to mail and the best time of the year to advertise. They think they have it down to a science and will convince you of their methods.
However, there are NO set rules that can be employed by everyone. That’s because there are a wide variety of ways to approach various products. If you sell travel services and read a report that told you not to advertise during the summer months, you’d go broke. The summer is the travel industry’s biggest money-making season!
Don’t get hung up on specific statistics made by people who claim to be expert researchers. There is no way to determine what is best for you than to try it yourself and see what works. You are the person in control of your business and you are where the buck stops. Take advantage of your authority and try every angle you can think of until you determine what’s best for your company’s product and/or service.
Tabloids are a fantastic advertising vehicle and adsheets are too. Sometimes people feel a small 1″ camera-ready ad gets lost in a tabloid filled with 100’s of them. This may be true in some circumstances and not true in others. Do you look at 1″ ads in tabloids? Of course you do. You scan the pages and your eye is always directed to one or two on the page that catches your eye. Ask yourself “why” they caught your eye. Was it because the ad was placed in a specific area on the page? Was it because of the headline or the word “free”?
There are a million different ways to market and sell your particular product or service. What might work for John may not work for Joe. You have to find your own way.
In addition, classifieds sometimes work well in tabloids and adsheets and sometimes they don’t, look in the back of the Globe or Enquirer. Don’t they have page after page of classified ads? If nobody was reading them and responding to them, the advertisers wouldn’t be submitting advertising to the Globe or Enquirer for them. So evidently, people DO read classified ads — even if there are 100’s of them. Test the waters and do what works the best for you.
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