Remember – No Database = No Business
Let us start with a shocker – I think GDPR is a GOOD thing for marketers.
- You are deluding yourself if you think that everyone on your 2500 E Mail newsletter list is opening up your monthly offering and devouring your every word. 30% will have moved on. 40% have redirected you to the Spam bin and 2% have DIED!
It is time to clean house and ask everybody still alive to opt back in.
- In time, effort and collateral, you are wasting real money. Imagine you budget for 10 £, $ or € per recipient every quarter, half-year or annually. If you cleaned your list, you could stop wasting £75,000 every year.
- When you clean your list you increase the richness, recency and relevance of your database – That is the GOLD standard for marketing professionals.
But I have just lost 75% of my list through asking people to opt back in. How do I make up the shortfall?
There was no shortfall – Those people where dead to you anyway. The more exciting question is, “How can I expand my tribe with current, live prospects that are open to my new offering, have fresh needs, plenty of money, and, have not become jaded by my recycled articles about old service X?
7 Ways to Grow your List / Crowd / Hot Prospect Database
There are at least 35 ways to legally and effectively grow you fan base. Here are just 7. (Contact me now if you want to talk about the others – firstname.lastname@example.org )
- The Congress Schmooze – You attend a paid conference and take your seat 15 or 25 minutes early in the main auditorium. You want people to have started to flow in – not too many and not too few. Then, pick a crowed row – Not a full one and not an empty one. Squeeze past a few and sit in the middle, about a 3rd of the way back from the stage. Make yourself comfortable, then, take out your smart notebook and a fountain pen. Now, look at the person on your left and say, “Hello, I’m Matthew” (It may be easier to use your own name here) followed by an expansive question – “What are you expecting to learn today?” or, “Have you looked at the speakers and selected your favourite?”
That should be enough to get you into a meaningful conversation. Steer this around to customers, outcomes etc. Do not offer your card first. Wait to be asked for yours. That will leave a much better impression.
Then, repeat on your right-hand side. Simple.
- LinkedIn Group Comments and Posts – When you know your stuff, you can seek out the right LinkedIn groups. Too big and busy and your work will get lost. If the group is tiny or dead, nothing will come back to you. Ideally you want 5,000 members and 5 or so posts a day, in your niche and with decision makers mixed in with the ambulance chasers.
Now either post some short punchy value in the form of a list article, story or a lesson learnt. When a credible person likes or shares your post, send them a connection request and hook up. Next, enquire about them and their needs. Do not be too pushy. There is nothing worse than a nice person connecting with you, only for you to pester them immediately like a high street charity mugger is a coloured vest. The aim is to smoothly take the relationship off line and build up to an exploratory call.
- Keynote Speech – The number one converter of cold strangers into contacts and instant customers is a great, structured, keynote speech – preferably with a Call To Action CTA at the end, a Product4Prospect exchange, or, a clever way to get engagement and permission. When done well, the result will be a rush to the stage. And, you will hear the magic words, “I want what you have for my team and my company.”
- Giving Out Money at a Trade Fair – I experienced this at Olympia a few years back and it worked well. It was simple and left me feeling really good, not super irritated.
I was walking down a line of exhibition booths and an older guy said, “Hello, would you like some money?” This was done with a calm charm so as not to creep me out. I laughed and was invited into the booth, across the threshold (clever) to a table at the back. Of course it was not actual cash – instead the entrepreneur had found chocolate banknotes of a high denomination. He had carried on the pretence in a light hearted and fun way. Reciprocity kicked in and, of course, I asked all about his business. We exchanged cards and I felt really good about our encounter. I have used of version of the chocolate money method myself and given away prizes of “money” as a warm up during interactive speeches.
- High Contact Voucher – This one works – both incentivising a cold prospect to take action and qualifying them in as a valuable potential customer. When you offer a live consultation on a hot topic of the day, you excite the right people to take action and discourage the wrong people to take up your valuable time. If you offer a 15-minute session, you can cut your losses with the non BANTs (No Budget, Authority, Need or the right Timing) and extend your call duration with hot prospects.
- Referrals – One of the best ways to expand your tribe with quality additions is to capture your existing customers at the PEAK of their happiness and ask them to think of peers and contacts that they have, who would benefit from your service just as they have. When you engage them at their emotional high point they will want to give you value in return. Push a little and get them to give you 5 names.
You can provide your beaming customer with a script to help them introduce you as saviour and helper. The best advocacy advice was written by star coach, Nic Rixon, who said a super sponsor told their contacts to “Do as Matthew says and pay whatever he asks!”
- Social Media High Value Webinar – When someone registers for your webinar, this doubles up as a GDPR compliant opt in. Just make the webinar of extraordinary value and promote it, via the most relevant LinkedIn groups with a punchy headline and long super copy body (If you need help with this, just call.)
I hope you have enjoyed this quick read and are moved to take action for yourself. Please share, and forward this piece to others who could benefit (Point 6!!)
About the Author – Matthew Hill generates new international customers for his work as a keynote speaker, trainer and coach and loves to share his methods with other leaders, soft skill coaches, public speakers and corporate trainers. If you wish to learn more, contact Matthew via E Mail; email@example.com