Posts Tagged ‘marketing’

3 Creative Calendars for Planning a Profitable 2010

The secret to making your income grow by leaps and bounds is to have a simple system in place that organizes your list-building, marketing, and promotional activities.  It is important to invest time in managing these activities, because the size of your list, as well as the timing and quality of your marketing and promotional activities, directly influences the amount of your income.  

Having said this, the problem many entrepreneurs experience is managing all these activities quickly becomes overwhelming, because there are just too many different activities to manage.   

The solution to this problem is to create three different calendars to manage all activities you must do to grow your business.  These three calendars are:

1. List-building

2. Marketing

3. Promotional activities

Using these calendars will banish overwhelm you may feel at all you have to do to grow your business.  Having three calendars may seem like it complicates the planning process, but, it actually simplifies it. 

I found when I tried to combine all my list-building, marketing, and promotional activities into one calendar, I ended up with a massive calendar that was a paralyzing mess.  By breaking up these distinctly different activities into three simple calendars,   it made my list-building, marketing, and promotional activities easier to manage.  It will help you do the same, too.

Here are the three simple tips about how to create your own simple calendars, just like the ones I use to manage my business-building and income-generating activities with ease.

Tip #1 – List-Building Calendar

A List-Building Calendar will simply detail out for you the timing of all the different list-building activities you will do throughout the year to build your list of prospects. 

To begin building this calendar, take a pencil and write down on a piece of paper a list of the different list-building activities you intend to do.  For example, some common and easy to implement list-building activities include:

- Offer free teleseminars

- Offer to be a guest speak on other people’s teleseminars

- Write and submit articles online/print publications

- Launch Pay-Per-Click campaigns

- Speak at live events

- Blog

- Participate in various social media activities

- Submit press releases

- Networking

After you write down your list of list-building activities, plot these different activities on your List-Building Calendar.  I recommend categorizing this calendar by month, and then by week, such as January, Week one, Week two, etc.  Doing so will make it easy to see 1) how often, and, 2) what you are doing to build your list of prospects and potential buying customers!

Tip #2 – Marketing Cash Calendar

A Marketing Cash Calendar helps you to plan the different products and programs you intend to launch during the year to generate your planned revenues. 

To begin to create this calendar, first write down all the different products and programs you plan to promote in the coming year (or whatever is your planning timetable).  Then, create a goal for how many of each product or program you want to sell.  For example, you may have a product titled, ‘Information Product A,’ and your goal is to sell fifty copies at $100 each in January, for total estimated revenue of $5,000.   

Then, using the same calendar format as for your List-Building Calendar (by month and week), plot your planned launch dates for each product and program.  The launch date is the actual date you expect to be generating income from a promotion.  Also, include a column for ‘Total Monthly Revenue,’ so you can see what your planned revenue is by month, and then add it up all months at the bottom of the column to see your total planned revenues for the year.

You may want to plan a maximum of four, certainly no more than six, different promotions in one year.  The reason is it can become very complicated for you to manage promoting more than one product or program at a time.  In addition, people on your list will get confused about the different offers, become irritated, and unsubscribe from your list (which some will do anyway when you promote). 

Tip #3 – Promotional Activities Calendar

Looking at your Marketing Cash Calendar, use this calendar to plan the different promotional activities you will do for a SPECIFIC product or program launch.  This means you will have a different Promotional Activities Calendar for each individual planned product or program launch.   

To create this calendar, list each of the specific activities you will do to promote, such as:

- Mention in ezine

- Tweet about the promotion

- Write about in blog

- Lead preview teleseminars

- Write articles about the topic, addressing benefits/objections

- Send direct mail to existing clients

Then, look at the launch date, and work backwards from this date to plot out the timing, and different promotional activities you will do.  Allow a period of four to six weeks to ‘seed’ the program, and then two weeks for active promotion and launch. 

By keeping your calendars separate, and simple, this allows you to focus your energy on creating results, and increasing your income in a grander way.

NOTE: If you are a creative entrepreneur wanting jumpstart your income in 2010, I recommend checking out the Money and Marketing Magic Intensive VIP Platinum Retreat, where I will help you almost effortlessly plan your income streams, and marketing and promotional calendars for 2010.  Email me at Bonita@Bonitarichter.com for details and the application.  There is ONLY 1 opening left.

Design Your Profitable Business Model

Do you feel your business is just “sputtering along,” and not gathering the steam you’d like to fuel it’s growth?

If this is true for you, designing a profitable business model includes some key components and lead generation activities you may be missing.

A business model is simply what activities you do to make money in your business. Missing just one major element jeopardizes the ability of your business to achieve the income results you desire. The good news is a viable, profitable business model isn’t hard to create. I have clients who’ve used the same tips I’m about to share with you to grow their own businesses into multi-6-figure empires.

Following are some quick ideas and tips you can use to compare your current business model and lead generation activities. If you find you have some gaps in your money-making plan, simply apply the following ideas, and you’ll be on your way to creating a better performing business:

Define Your Business Model

  • Decide on three core ways you will be paid for your topic, such as through teleseminars, workshops/retreats, and coaching programs.
  • Decide what percent of your income will come from each of these three core activities.

Identify Your Signature System

  • Create a signature system; be known for something (such as how to help others make more money in their service business, or how to create a brand identity).
  • Think about steps you take a client through to achieve a result; this is your signature system.
  • What are your clients repeatedly asking for? This could be your new information product.

Create Your Profit Pyramid

  • Create a profit pyramid for each product and service your offer; include a minimum three levels, at three different price points.
  • Example: the first level will be your free gift, the second level will be an eBook or home study system, and the third level is your “big ticket” item.

Create Your Website, eZine, and Blog

  • Be sure you can collect the names and email addresses of people who visit your website. These people are warm leads.
  • Start publishing an eZine so you can keep in touch with your prospects, develop a relationship with them, and eventually promote and sell to them.
  • Start a blog. Google loves the contemporary nature of blogs, which will help with your Google ranking.
  • A blog gives your readers a chance to respond to you, comment and hold conversations with each other, which in turn builds relationships and strengthen the bonds of your “tribe“ or followers.

Build Your List

  • Leverage your list-building activities. Think about how you will connect with the most people, with the least effort.
  • List-build in any number of ways, which may include; offering free teleseminars; be a guest on other peoples’ teleseminars; offer a free special give-a-way, such as a bundle of your articles, templates, etc.; launch a direct mail campaign; advertise; use Pay-Per-Click campaigns; and get a strong business referral network working for you.
  • Also consider public speaking, press releases, and social networking.

Develop Your Customer Service Strategy

  • How will you create raving fans? Think about what would delight them, offer it, and reward them for buying your products and services.
  • Read Raving Fans: A Revolutionary Approach to Customer Service, by Ken Blanchard and Sheldon Bowles

Use the tips above to increase momentum, and fast-forward you toward creating a profitable business model that’ll help you achieve the income goals you desire. To learn about more tips, templates, and checklists how to create a recipe for marketing success visit www.bonitarichter.com/7-step/.