My parents used to love going to those free timeshare presentations. The reason
To view this email as a web page, [click here]() {NAME}, My parents used to love going to those free timeshare presentations. The reason is simple: FREE FOOD! These things are hilarious. They invite people to come hear their 60-minute pitch, and whether or not you buy, you get some kind of gift â things like free buffet tickets or a free two-night stay in a Vegas hotel. Just think of the kind of people they attract with these gifts. (But also, think of how good they are at selling if they can afford to lose money on 90%+ of people who come.) The funniest thing was when they promised my parents a grandfather clock. My dad was so excited, he drove two hours to attend the presentation. When he left (not buying, of course), they gave him a grandfather clock . . . that was 14 inches tall. These presentations are also funny because of how much they terrify people. Iâve literally seen friends refuse to go because âI donât want to buy one of those timeshares.â When I said, âUh, you donât have to buy,â they looked at me with frightened eyes. They were AFRAID of their inability to say no. And that, my friends, is fascinating. When you get the chance to go face-to-face with an extremely talented salesperson, you take it! Study what they do. What do they know about human nature? How do they build rapport? Instead of running away from salespeople, advertisements, and marketers, you can learn so much by running toward them and learning everything they know. (Just repeat this mantra over and over in your head: âDonât buy a timeshare.â) Thereâs another reason I love studying marketing: I enjoy being sold on real products that are going to make my life better! (You should too!) A few years ago I came across a product called âThe Truth About Six Pack Abs.â It has the same characteristics as a lot of ebooks â long copy, bold claims â but I started reading. Eventually, I decided to buy. Guess what? The original product was around $50, but by the time I finished going through the checkout process, I had added so many upsells that the total was around $119. And I felt good about my purchase. [I bought this. Good product.] I bought this. Good product. If your immediate reaction is âThat looks scammy,â then you are missing the point of great marketing. Iâm not stupid. Why did I buy something that looks like that when Iâm very well-versed in marketing? If youâre trying to persuade someone to do something, you have to know what they want â their hopes, fears, and dreams. (This applies to selling things, but also to getting a raise, meeting a VIP, telling your friend to not buy that truck, etc.) Selling isnât about manipulation. Sometimes itâs as simple as showing people how you can help them. It is a win-win. You get customers, they get a problem solved. If âThe Truth About Six-Pack Absâ had been called â46 Exercises to Strengthen Your Core, but Really Your Total Body, Because You Canât Burn Fat from Just One Area,â I probably wouldnât have bought it. They knew what I wanted â a six pack â and their copy reflected that. The second takeaway: if your product can genuinely help someone, you're doing them a service by selling to them. You don't have to be obnoxious. You can sell by being honest and straightforward. Here, let's take a look at an example of how easy it can be. A simple tweak generates 2,080 subscribers/year At IWT, the #1 tool we have to capture peopleâs attention and turn them into customers is the writing â âcopywritingâ â on our site. That's why weâre constantly tweaking it and testing it to make it as good as it can be. Hereâs a test we ran on our opt-in copy. We made two slightly different offers to see which would lead to more people subscribing to our email list. Can you guess which won out? Opt-in copy #1 [Opt-in copy #1] Opt-in copy #2 [Opt-in copy #2] A test we ran with our opt-in copy. The second version got 27.6% more opt-ins. Thatâs an additional 40 subscribers every week. Thatâs 2,080 extra subscribers a year. If just 1 in 100 go on to purchase one of our flagship courses, this test alone would bring in an extra $40,000+ in revenue every year. Simple. Straightforward. And we deliver on our promises. Thatâs marketing. Your turn Letâs pretend youâre the general manager of a gym or fitness studio. If you were in charge, what would you do to capture the attention of people passing by? What writing would you put on the storefront to get your message out there? (Maybe something to indicate the gymâs ideal clientele? Or something to indicate the main benefit of the gym?) Bonus points to anyone who can include some math in your assumptions and show me how much revenue it would generate. Iâll give you an example: Number of new walk-ins per day: 10Number of walk-ins who buy a membership: 1/10Revenue per membership: $225/monthAdditional revenue after one month: $6,750 Just hit reply and let me know. I read every response. [Signature] P.S. I hope you are enjoying this. Personally, I find it fascinating how businesses persuade us (and how we influence each other). Tomorrow, Iâll go even deeper into this. Talk to you then. WHAT TO DO NEXT Reply. If you were in charge of a gym or fitness studio, what would you do to capture the attention of people passing by? What writing would you put on the storefront to get your message out there? Bonus points to anyone who can include some math in your assumptions and show me how much revenue it would generate. Reply to this email to let me know. [SIGN UP]() Featured Products
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