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Book Review: Getting Everything You Can
Written by: Jay Hamilton-RothArticle Overview: Jay Abraham calls himself "America’s Number One Marketing Wizard". His client list is impressive and in his 25 years he has amassed a lot of knowledge about what works - why - and when.
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Free Download - Marketing Happiness By Jay Hamilton-Roth |
Book Review: Getting Everything You Can
Jay Abraham calls himself "America’s Number One Marketing Wizard". His client list is impressive and in his 25 years he has amassed a lot of knowledge about what works - why - and when.
In this dense book (published in 2000), Jay focuses on using marketing to increase your business revenue. His book starts with a simple formula:
Number of clients * Average Client Sale * Sale Frequency = Total Income
His book then proceeds to show ways to increase the number of clients, increase the average client sale, and/or increase the sale frequency.
The book contains a very useful 50 question list to help you focus your marketing ("Where do my clients come from specifically (demographics)? When I create a new client for my business or profession, who else have I directly created a new client for? Who are my biggest competitors and what do they offer that I do not?").
While some of Jay's suggestions require larger budgets to achieve, some of his ideas are quite provocative:
• Calculate the lifetime value of a client and spend appropriately to capture new ones.
• Better than risk-free guarantees
• Create better add-ons - what does your client need before using your product? After? Make it easier to purchase automatically.
• Always test your marketing pieces (split-testing, telephone, email, sample, price, etc.) Measure your ROI. Consider split testing.
• Creating host-beneficiary relationships
• Creating a (detailed) referral system
• Regaining inactive clients
• Direct mail piece suggestions
• Pre-qualifying leads
• Telemarketing scripts
• Bartering
Each of the chapters is full of case studies and examples that help to explain his principles. Any one of these ideas could produce a wealth of results for your business.
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About the Author: Jay Hamilton-Roth RSS for Jay's articles - Visit Jay's website Jay Hamilton-Roth founded Many Good Ideas (http://www.ManyGoodIdeas.com) to help small businesses brainstorm, design, and implement effective marketing strategies. He combines creativity with common sense to demystify the process of getting great results. He has used his high-tech background from MIT to help him launch five businesses. He consults with companies in a wide range of industries and publishes a monthly marketing newsletter and daily marketing blog (http://ask.ManyGoodIdeas.com). He is the host of the new TV series "Business With Passion" (http://TV.ManyGoodIdeas.com). Click here to visit Jay's website Book Review Branding Only Works On Cattle Book Review Brag How To Drive Your Business What Are You Really Buying How To Wear Your Sales Message |
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