Education-Based Marketing: How to Make Business Come to You
By
David Frey
There is a misconception in small businesses that your marketing's most
important function is to promote your products and services. In fact, the
most important function of your marketing should be to establish that you
are knowledgeable and can be trusted.
Most of us don't do business with people we don't trust. Even if you
have the lowest prices, if your prospect doesn’t trust you, it will be
difficult to close the sale. This is the basis for Education-Based
Marketing.
Education-Based Marketing is a powerful marketing strategy that
establishes trust and credibility using educational messages. It is the
direct opposite of traditional marketing, which uses selling-based
messages.
People are tired of hearing worn-out, old sales pitches. Barriers shoot
up the moment you begin delivering a sales pitch. In contrast, people sit
up and listen when you share important facts and expert information that
help them make a good buying decision.
Determining Your Educational Message
Imagine stepping into the mind of your prospect and listening to their
mental conversation at the very moment they decide to begin shopping for a
spa or pool. What questions are they asking themselves? The secret to
attracting qualified prospects early in the sales cycle is to find out the
answers to those questions and use them as the basis for your educational
marketing message.
For instance, if you were to offer your prospect the choice between two
free special reports, one titled “Why brand A is the best widget on the
market” and the other titled, “Six Little-Known Secrets to Purchasing the
Right Widget for Your Family,” which do you think would be chosen?
From my experience, the second report will out pull the first report
10:1. Educational information that helps your prospects solve problems and
make better decisions is the type of information that will attract
prospects.
How To Package Your Educational Marketing Message to Generate
Qualified Prospects
Once you have developed your educational message you need to package
it and offer it for free in exchange for your prospect’s contact
information. This is critical. Effective marketing is not just a matter of
getting the word out but more importantly, getting a response back.
You can package your educational message in a format your prospect will
respond to such as a written special report, an audiocassette, a video
tape, an email course, a CD-ROM, a seminar, or even a toll-free phone
message.
An important aspect to making your educational message enticing is to
give it a great title. You’ll notice in the second title I just mentioned
I used a number (six) and the word “secrets.” People like numbered lists
and knowing things other people don’t know (i.e. secrets). Put those two
together and you have an almost irresistible title. Give your educational
messages exciting titles and they will attract qualified prospects.
How To Deliver Your Educational Marketing Message
Now that you have developed and packaged your education message, you
should develop strategies and processes to give it away. To do this you
must first identify all the “customer touch points” in your business and
offer your educational message at each one of those touch points. Common
customer touch points are your business phone, website, advertising,
publicity, networking conversations, home shows, etc.
For instance, instead of ending your business phone conversations like
this:
“Well Mrs. Jones, thanks so much for calling and I hope you come by
and visit us.”
End your phone conversation with an offer like this:
“Well Mrs. Jones, thanks so much for calling. By the way, we’ve just
developed a great special report that talks about the top 10 common
mistakes that people make when buying a widget. If you’ll give me your
address I’ll send it to you free of charge. Would that be okay?”
You’ve just accomplished three very important things with this
telephone strategy, (1) you’ve generated goodwill by offering a valuable
free gift, (2) you got your prospect’s contact information so that you can
continue to market to her, and (3) you now have a reason for a follow up
phone call after she receives and has read the special report.
Resist the Urge to Give a Sales Pitch
It’s easy to set your small business apart using Education-Based Marketing
because most of your competitors are using selling-based marketing. The
beauty of Education-Based Marketing is that you give prospective customers
what they want, information and advice — and remove what they don't want,
a sales pitch.
By offering helpful advice, you establish yourself as an authority
because prospects see you as a reliable source of information. Be careful
not to give in to the urge to include a sales pitch with your educational
message. This will only erode the trust you have established and make you
the same as your competitors in the eyes of your prospect.
Instead, after you have provided some helpful information you should
warmly invite your prospects to call you, visit your website, come to your
store, or take advantage of your free offer to do an onsite visit.
Conclusion
Education-Based Marketing captures prospects earlier in the decision
process and establishes a relationship of trust, resulting in dramatically
higher sales and closing ratios. Those small businesses that seek to
develop a relationship of trust by delivering a non-threatening
educational message will position themselves as their prospect’s first
choice from which to buy your product or service.
© Copyright 2003 David Frey, Marketing Best Practices Inc.
David Frey is President of Marketing Best Practices Inc., a
small business marketing consulting firm and the editor of the Marketing Best
Practices Newsletter. His products include
The Small
Business Marketing Bible,
Instant Referral
Systems, and
Coaches and
Consultants Marketing Bootcamp.
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