Black Book PDF
Black Book PDF
Black Book PDF
Black Book of
Copywriting Secrets
Two words that created a 50% increase in
sales instantly
How a shift in Approach can rocket your
response 300%
A secret source of million-dollar breakthroughs
overlooked by most copywriters
Why this name calling secret multiplies response
and knocks competitors out of the came!
5 Psychological Triggers you MUST fire before a
prospect will respond to your copy
How creating context can explode sales
7 different million-dollar strategies - which are
you over-looking?
Copyright 2008 Robert Stover -- robert@copyideas.com -- 714-357-9267
Introduction
A sneak-peek at what lies ahead...
I'm writing this report to share a few of the breakthrough, million-dollar of the
breakthrough marketing and copy ideas I've discovered over the years.
After all these years, I'm still stunned when I see a simple change create a
million-dollar breakthrough in the sales and profits of a business.
You just need one, simple, idea to create a breakthrough - Here's seven...
Inside this report you'll discover...
How two words created a 50% increase in sales instantly
Why a shift in "approach" strategy multiplied sales of an $1800 product by
300% in two weeks
A hidden source of million-dollar breakthroughs overlooked by many
marketers
Why "naming the problem" is often the road to blowing a market wide open
The 5 "psychological stages" your prospect goes through before ever
buying your products or services - if you don't know these, you are
losing sales.
How providing "context" can explode response and sales
And a bunch more...
I hope you find these Breakthrough Secrets as profitable as they have been for
my clients.
Robert Stover
robert@copyideas.com
714-357-9267
Table of Contents
Hidden millions!
Case Study: How changing one companies approach strategy
sales 300% in two weeks
3
increased
4
Case Study: How we took a service no one could sell and moved $44,00 in a half
hour - with a $348 investment.
6
Its Like...!
What was this 50% miracle?
The answer lies hidden in the prospects mind...
7
8
9
9
10
12
12
16
Joint Ventures!
How do you find these million-dollar breakthrough opportunities?
17
17
19
20
22
22
24
Baby Steps!!
Testing is a guiding light to higher profits
Conclusion!
25
25
27
HIDDEN MILLIONS
The Overlooked Leverage Point That Generates Millions
As we all know, great copy cant save a bad strategy. When working with a client on their
marketing strategy, I like to focus them on three major elements: Targets, Approaches and
Propositions. What I like to call the T.A.P. formula. Youre no doubt familiar with the importance of the target market or list and the proposition or offer. But whats the Approach?
Your approach is simply the sequence of steps you design to move a prospect to a cus-
tomer.
!
For example: a consulting company could take three distinct approaches to on-boarding
clients:
I.
II.
All three of those approaches are valid. But, one may out produce the others by 300% or
more.
!
The problem is that each industry falls into a rut in its approach. Either a budding entre-
preneur leaves a business in the same industry and uses the same approach as the company he
left. Or, an entrepreneur comes fresh to the industry, looks around at how all the competitors are
approaching customers, clients and patients - then mimics that approach.
!
Its not uncommon to see the major players in an industry all using the same approach to
customer acquisition.
!
Yet, some of the biggest breakthroughs Ive created for clients have involved challenging
A client in the real estate industry had the following approach to selling an $1800 prod-
uct to sales managers: Cold call and sell. Using that approach they were closing 1 out of 20 prospects over a 6 week time frame with many, many follow-up calls to get the sale made.
!
Instead, we simply had the sales team call and say, Ive got a package of info here about
how to increase your teams production but it may not even make sense for you. Let me ask you
a few questions They would then set an appointment 3 days out and send a package, including
a video sampler, sales letter with inducement for immediate purchase and a list of topics covered
in the training.
!
They would then shoot a fax over to the prospect informing them that the package would
be going out via express mail and included a testimonial from a customer who created great
results with the program. The next day another fax went out informing the prospect that his or
her package had been shipped and another killer testimonial. The third day, another fax would
Copyright 2008 Robert Stover -- robert@copyideas.com -- 714-357-9267
arrive informing the prospect to keep an eye out for the package and a reminder of their appointment the following day.
Within two, short weeks sales jolted 300% on an $1800 product. And the close ratio went from
selling 1 in 20 to 4 in 20.
!
Okay, think that was a one time fluke? Lets take a look at two more examples of a shift
I worked with a company that sold remedial reading solutions to private schools.
Historically, when selling to schools, this company (and every other company in the in-
dustry) would approach the Administrator by calling on the school in person. Once the school
administrator was sold on text books or a program, he or she would begin selling the most senior
teachers and influential board members. Once they were persuaded a decision would be reached
and a sale made.
!
Needless to say, the sales cycle for this company was horrendous.
In researching this process we discovered that most schools held a monthly teachers
meeting. Often they would invite guest speakers into these meetings. My client had extensive
knowledge in helping students with learning disabilities like dyslexia. It was a perfect entry.
!
We began approaching the school administrators not with a sales pitch, but rather with
an offer to conduct a 45 minute session at the teachers meetings sharing their knowledge with
teachers.
!
Before the end of the 45 minutes teachers were raising their hands and asking, How can
The sales cycle was cut from nine-plus months to about 2 weeks.
And in another section of this report, youll learn another breakthrough formula that
Case Study: How we took a service no one could sell and moved $44,00 in a
half hour - with a $348 investment.
!
Not that long ago, teleconferences cost 60 cents a minute per attendee to conduct.
I suggested to a client (who was an industry guru) that we create a $2000 dollar per year,
monthly tele-summit for his best clients. He loved the idea. His sales people loved it.
!
Unfortunately, even his best sales people couldnt sell his best clients on spending
It flopped.
But then I had the idea: Why not use the tele-conference to sell the teleconference?
We took 349 of his best clients and mailed them invitations to join the guru and a handful
of other players in the industry for a free tele-summit. 132 joined (Thats a 38% response if youre
doing the math).
!
This guru was a guru for a reason: He could sell the socks off an eskimo. Within a half
hour 22 people called - before the end of the call - and gave us their credit card number for
$2000.
!
We immediately began rolling this approach out and sold $400,000 in tele-summits in 2
months.
!
The moral: One approach will outsell another approach by hundreds of percent. And
some products or services that do poorly with one approach will turn into stars when you make a
small, inexpensive strategic shift in your approach.
The story of The Emperor With No Clothes endures because it sheds light on a truth
Sometimes, in both society and life, we need someone to stand up and call a problem a
problem. And if you happen to be a marketer, advertiser or copywriter - pointing out a problem
and giving it a name can be worth millions.
Naming the right problem for your market can be create a million-dollar breakthrough
In the last section I told you how a remedial reading company changed its approach to
private schools and created a dramatic breakthrough in their sales cycle. That case study has another twist in it.
!
When salespeople would call on private school administrators they would point out their
expertise in working with learning disabled students. A common response by the administrators after hearing this was, We dont have any of those children.
!
The challenge was that learning disabilities were very common - but when administrators
heard the term learning disabilities they didnt think dyslexia. They thought developmentally disabled.
Quite by accident one of the sales reps called out to an administrator who was walking
away and said, Are you sure you cant use this program - it works wonders with struggling students. The school administrator stopped in her tracks and said, What did you say?
!
As we quickly discovered, the term struggling student brought to mind all the border-
line children both teachers and parents lined up outside the administrators office to talk about.
!
Naming the problem correctly was like shouting open sesame when it came to setting
appointments. This one two word phrase DOUBLED the teachers meetings scheduled immediately.
!
Today we are all familiar with the common phrase, B.O., as in, Whew, Jims got B.O.
What many dont realize is that B.O. was a name that Life Buoy soap gave to a problem it
solved. A problem not commonly talked about in public. Not only did they add a new phrase to
our dictionary - they made millions by naming the problem.
!
And while we are on the topic of embarrassing personal hygiene issues, we cant fail to
mention the dreaded Halitosis problem that Listerine solved. Again, halitosis wasnt a publicly
acknowledged problem until Listerine gave it a name.
!
Then, in great irony, Scope came to the market and used Listerines own strategy against
them with their Medicine Breath campaign. In this case, they named the problem associated
with their competitors product.
!
Finally, until Whisk came to own a piece of the market with their Ring around the col-
lar campaign, the problem hadnt been commonly talked about - or marketed to.
!
As you can see, naming the problem doesnt just create million-dollar breakthroughs -
What problem in the market or with a competitors product can you coin a unique name
for?
Its Like...
Small changes can create Block-bluster Breakthroughs
Splitting an atom...!
When you see small elements create big results, you can bet there are hidden forces and
leverage at work. And thats the case with the next breakthrough formula.
Breakthrough magic can happen when small changes are applied to big levers...
Once upon a time I was working on a lead generation project for a client in the mortgage
industry. We added a single, small phrase to their marketing that increased the number of leads
and sales by 50%. And this small change worked like magic across media types.
What was this 50% miracle?
!
Testing had shown, as you already know, that using specific amounts like save $400 to
$600 dollars a month out pulled general claims like save money. On a whim I started playing
with the numbers - what does that really mean?
I added up the savings over a year and came up with $4000 to $7000 a year in savings.
Hmmm.. thats better, but what is that like...? Well, thats like a $4000 to $7000 a year
raise!
!
Just adding the phrase, Thats like getting a $4000 to $7000 a year raise to direct mail
and voice marketing messages created an instant 50% leap in leads and sales.
!
How can such a small change at (a supposedly tactical aspect of copywriting) create
As owners and marketers, we see the product, we see the advertising, we see the sales
letters, maybe a sales team or tele-marketers. . Simply put, we see all the parts of a promotion
separately.
!
But, when the prospect sees a message, he or she sees the ProductMessageMedium all at
once. Customers and prospects dont see parts, they see Wholes.
!
So, from the customers perspective they werent buying a loan (the product) but getting
$400 bucks in monthly savings in one message - and a $7000 a raise in the the winning message.
in a very real sense, the choice of metaphor actually changed the product the prospects perceived
they were buying.
!
A few words had the same effect on the companys bottom-line as if they went back and
spent months and tens-of-thousands of dollars creating an entirely different product or service
offering.
!
The simple use of metaphor can be a real game changer on all the competitors in a given
market. It instantly sets your offering apart and above. It instantly makes your product more
desirable to prospects.
!
Poor life insurance salesman sell life insurance. Average life insurance agents sell protec-
tion of loved ones. But great life insurance salesman sell college educations for children, ways to
stick it to the government and protect income from taxes, etc..
10
And the greatest life insurance of his time, Ben Feldman, sold money.
He would walk into a business owner and place a thousand dollar bill on the desk (this
was back when they still made thousand dollar bills). Next to that he would place 2 pennies. The
business owner would ask, Whats this?. Feldman would reply, Thats what Im offering you
today. The opportunity to buy a thousand dollars for just 2 pennies. Feldman used imagination
to sell a different product than the rest of his competitors and you can to.
!
For millennium marketers have been selling face creams to women. But from the imagi-
nation of copywriter, Gary Halbert, came The Amazing Face Lift In A Jar. In a single metaphor he changed the game on the competitors and from the customers perspective offered an
entirely different product.
!
For decades companies have been selling engine treatments for older cars. But along
calls a product named zMax and changes the game with this metaphor, Pour A New Engine Into
Your Car!. Hmmm... do I want a doubled-distilled, teflon saturated engine goop, or, do I want
to Pour a new engine into my car?
!
Important side note: Notice how in the two previous examples both products changed
who their competition was? In the first instance the comparison was no longer other face creams,
but plastic surgeons. In the second case the competitors are no longer other engine treatment
products, but the cost of having a new engine put into the car.
!
How can you put this game changing, million-dollar, formula to work in your business?
Its as simple as looking at your products benefits and asking, Hmmm... Whats this
like?
!
11
Often, when teaching a child to swim, parents will get in the water, just past the edge of
the pool... and encourage their child to jump. Generally, parents dont take their 3-year-old to
the top of the high-dive, leave them there alone, then ask them to jump.
!
Yet, that is the equivalent to what many marketers do with their prospects.
Let me explain...
You can get the jump on competitors by targeting your message to different purchase stages
ciding to purchase. Millions in marketing cost are lost when the message that is created doesnt
match the psychology of the market. Often companies will target the messaging at a stage 4 prospect when they are still back at stage two.
Psychological Stepping Stones to a Sale
!
So, lets take a look at the psychological stepping stones to a sale, then well look at how
to choose the right one to target your marketing at (and show a few moves to take the sale from
your competitors). This is usually a full day training I conduct for companies, but well try to
compress some of the highlights into this section.
12
Here are the stages listed as questions that the prospect answers before moving to the
next stage:
There it is, an internal flow chart of the mental processes your prospects go through to
make a purchase.
!
Stage One
!
In stage one, before ever lifting a finger to make a purchase, all prospects first ask them-
selves if there is any need for action at all. Whats wrong with the status quo? Lets be honest,
when do most people decide to visit the dentist? Its when they are in pain. The other driver of
action is the promise of great gain. What would make a sane man load his family into a covered
wagon and take a trek across the continent under constant threat of death from hostile forces and
disease and famine and the elements? Two words...
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Gold Rush!
I often observe sales reps and marketing messages trying to convince prospects to pur-
chase their ACME 5000 SuperWidget when the prospects dont even have an awareness of pain
or great gain. Throwing guarantees, price discounts, and premiums at a prospect who is comfortable with the status quo is like throwing pebbles at a battle ship.
!
Instead, marketing messages and sales pitches aimed at a content prospect need to be
focused on educating and enlightening prospects to their pain and opportunities. They need to
be stirred up. !
Stage Two
!
In stage 2 we see the prospect realizes they need to take action, but they first consider if
they really have any choice of action to take. If you are in the first floor of a burning building
...fire has engulfed the entrance...but there is an open window thats clear...you have no choice of
action. Youre going to take the window out.
!
If prospects have a long history with an existing supplier, switching cost would be in the
hundreds of thousands, and the time lag to payoff is a year out - they are going to perceive they
have no choice. They need to go with their current vendor.
!
Savvy marketeers understand this and work their tails off to make sure their existing cus-
tomers perceive no choice when the need arises for their products and services.
Stage Three
!
If youve done a good job in stage two, prospects will choose you in stage 3. Fortunately,
there is no perfect solution and no perfect relationship. So in stage 3 the marketing battle begins.
You try to convince prospects that they do indeed have a choice - and that the existing options
are not satisfactory. On the other hand, the current vendor begins in earnest to persuade the
prospect that they shouldnt brand switch. Just keep purchasing like you always have.
Stage Four
14
As we move into stage 4, we find where most marketing battles are taking place - and
where most advertising dollars are invested. The prospect is shopping - but hasnt made up his or
her mind. Everything is up for questioning at this stage. The prospect is examining the desired
goals against the problems and payoffs with different product or service choices.
!
It is here we see companies battling it out to make their unique advantages more impor-
tant to the prospects. This is when it is critical you have a great U.S.P. (unique selling proposition). What makes you better than your competitors?
Stage Five
!
After struggling to decide from among the many options, in stage five prospects finally
narrow their choice down to ONE. Their about to take action. If you are the company that has
been chosen you want NO obstacles, questions or issues arising now. You want a slippery-slide
to the purchase.
!
On the other hand, if you havent been chosen at this point, all is not lost. The job of your
marketing at this stage is to create doubt in the mind of the prospects and get them to go back to
stage 4. Doubt is the enemy of a sale. Depending on your position with the prospect at this stage
you want to prevent or create it.
!
Advertising messages and sales pitches at this stage contain messages that create hesita-
The first way to use this model of the prospects psychological states is to make sure you
15
Targeting the message to the right stage is easier for a salesperson sitting face-to-face
with a prospect. But it is more difficult with your messaging. One approach is to decide that generically all your messaging will target stage 3 prospects. But I believe a better strategy is to segment your targets and send different groups the message relevant to their stage.
!
A common mistake companies with cutting edge products and services make is to target
their messaging to Stage Three when in reality their customers are parked at Stage One. Dont
underestimate the amount of education it takes to move a prospect from stage one to stage six.
Leave a step out and you leave your prospects behind.
In any given industry, companies fall into marketing to one of the stages predominantly.
By choosing to target the stage before the industry marketing you can blow open new marketing
and growth opportunities.
!
For example: the famous Wall Street Journal letter Two Young Men doesnt start the
sell at the point of someone trying to decide between Barons and Investors Business Daily, and
the Wall Street Journal. It takes a step further back and starts the conversation by pondering the
difference in life- success achieved by two men - and what could have made the difference. Then
it leads prospects forward to the answer: The Wall Street Journal.
!
I had a client selling software. Initially the sale was made around the features and func-
tions of the software. But, by stepping further back in the sales cycle and selling Two Psychological Triggers that cause Instant Respect we were able to accelerate sales. Later in the products life we discovered that selling Referrals was key - then we would lead them to the software
as the solution.
!
In fact, recent research shows that if you intercept a prospect at the earlier stages, before
competitors, you have a much higher probability of making the sale. Youre there the whole way
to walk the prospects through the decision matrix.
!
Thats just a summary of the purchasing matrix. And knowing where your market is in
relation to the sale and experimenting with different messages aimed at different distances is
a critical skill for both business owner and marketer.
16
Joint Ventures
One of the highest leverage, fastest payback moves you can make in your marketing is
Joint Ventures (JVs). Ironically, this is one breakthrough-maker that doesnt need a lot of digital
ink to explain. Fundamentally, they are simple...
Joint ventures are the fastest way to create a million dollar breakthrough...
Heres a JV in a nutshell. Someone who has influence over a list of your ideal prospects
writes, phones, emails, direct mails, etc. their customers and strongly encourages them to purchase your product.
!
I used to put joint ventures together for Marketing Wizard, Jay Abraham. Just one of
Ive got another client who went from zero to $5 million a year on the wings of joint ven-
tures.
How do you find these million-dollar breakthrough opportunities?
Simple. Answer a single question, Who else already has a relationship with a large number of
my ideal customers?
17
1.
Remember their biggest fear is endorsing a product, service or person that may hurt
their hard-earned relationships with their customers. So, make sure your product or solution and offer are world-class.
2.
Their second fear is getting paid. Be up front about your expenses and accounting. Make
it transparent. You may need to offer them control of the purse strings. And it goes without saying - you should be generous. Youre potentially leveraging a million dollar opportunity. There arent a lot of great JV deals so dont get greedy.
3.
One word: Relationship. You should attempt to cultivate a personal relationship with the
endorser based on trust and respect. Relationship can be the magic ingredient that gets
the deal done.
4.
Think about a multi-step approach vs going for the immediate sale. Often the endorser
has an easier time endorsing a free piece of valuable information like a tele-conference, a
free report or white paper or an educational webinar than outright going for the sale.
First use your bait to capture the customer information - then approach them for the
sale.
Ive seen a few businesses get off to a fast start using joint ventures and assume the easy
The truth is that great joint-venture partners are rare. You can quickly burn through all
So, dont neglect the day-to-day work of building your business. Grab the joint venture
opportunities when they show up, but keep building your business marketing systems so they are
there for you when the JVs flame out.
18
This seems like it should be obvious to anyone in business. Focus on the customer.
But, the number one change I make to businesses marketing messages is to redirect it
away from the product, service or company and back on to the customer and their interest.
!
But this problem goes further than crippling sales and marketing results. It cuts to the core
Sales down? New products not breaking records? Maybe its time to focus on the customer?
The customer should be in the dead center of your strategic, marketing and messaging fo-
cus - at least that's the way it's supposed to be. Yes, many businesses claim they are "customer
centric" but a peek under the rug of their thinking would expose that answer as more a platitude than a priority.
!
Yet, if you expect to take your company to the next level ...If you expect to compete against
tough rivals ...If you want to establish industry dominance then a Focus on the Customer must
consume both your and your organizations thinking.
!
Ponder this...
19
All of your current success and future growth will come from this...
All of your current success and future growth will come from the customer. Every product
or service, every building and plant, every process, every investor, every employee and every vendor all the way up the value chain exist only to meet the needs of the customer.
!
When youre putting out fires in the business - it's so you can get back to serving the cus-
tomer better. When you are trying to out think, out wit and out market your competitors - it is so
you can serve the customers needs better. When you are innovating new products and services it is so you can help customers solve more problems faster at a lower cost or with more convenience.
!
So, if a focus on the customer is the center of a businesss existence, then why is it so hard
Look, we're human. We are proud of what we do. We are proud of the products we make
and the services we offer. Just getting those products made and those services delivered takes an
incredible amount of our available focus.
!
Further, the product is tangible. The service has a tangible element to it. The buildings
and plants and factories are tangible. And the people that make all of it run are certainly tangible.
So, it's only natural that our thinking and focus be drawn to these concrete elements of our business.
The gravity of all this pulls our focus way from the customer.
!
In contrast, if you hold a thousand focus groups, you still may not have solved the riddle
that is the mind of the customer. Yet, it's these inconsistent, disloyal, unfathomable customers
that hold the key to our future business growth and ultimate success.
!
If you're thinking I'm overstating what should be obvious to anybody that's had a year of
business school, then take a look at the marketing communications, press releases and websites
of a couple dozen fortune 500 companies. Just read the first paragraph or two. Do they start off
talking about their customers needs and problems or do they start off talking about themselves?
!
Point made.
20
But, how can we get our focus back where it belongs; on the customer?
Take a quick look at your marketing communications. If the first sentence or paragraph
starts off talking about your company or it's products and services - send it back to the marketing
department for a rewrite. Same goes for your Mission Statement. Especially your Mission Statement.
!
Next, pick one customer out of one segment. Now, just spend 5 minutes everyday at the
beginning of your workday for a single week thinking about this customer. Do it before you start
sorting through the mornings emails.
!
Finally, instead of asking sales or marketing what the needs, frustrations and challenges of
the customers are, go to your production and service fulfillment people, your IT people, your
plant or operations staff, your accounting department and ask them. That will give you a clear
indicator of how customer focused your business really is.
Its because Ive seen too many businesses end up on the rocks, broken - sometimes per-
manently - because they took their eyes off the lighthouse that is the customer.
!
This is a report about breakthrough strategies. You wont be able to use any of these
21
As business owners and marketers it is easy to be drawn into the daily battle to meet im-
But, if we ever expect to create a blockbuster breakthrough, we need time to sit quietly
You need to get out of the fire and make time for breakthrough thinking!
Heres an example of one business owner and client that did just that...
One of my clients has built such a reputation for innovation that over 500 company lead-
ers in the mortgage industry have made the trek to visit his operation and learn first hand his
methods for creating a World Class company.
What is his secret to building a World Class company
!
So, what is his secret to building a World Class company that's the envy of an industry.
I believe that one of his secrets is that he makes space for creativity and breakthroughs in
If you were to enter his office, you'd see a doorway to the right. And if you walked
through that door, you'd discover a private, inner sanctum that includes a library, large white-
22
board for brainstorming, recliner and writing table. In short: all the ingredients necessary for
creativity and innovation.
!
tween a rushed shower and the rush to work, Tom has given it an important space in his very
business.
!
I've often said that the most important asset of a business is the mind of the CEO. Yet,
bombarded by the hour to hour demands of running a growing business, most growth focused
entrepreneurs have denied themselves access to one of their greatest resources.
!
Do you have a regular scheduled appointment with creativity? A time set aside for reflec-
tion on your business and its direction? Do you have a place where you can seclude yourself from
the cries for attention and focus uninterrupted on the larger strategic issues your company and
industry are facing?
!
No?
Then perhaps you can take a lesson from Tom Ward, CEO of the Majestic Group and...
Before you can take your company to the next level, you need to take your thinking to the
next level.
!
Einstein said, "We can't solve our problems at the same level of thinking that created
them."
!
And we can't grow our businesses or capture more market share or create more sales
growth at the level of thinking that has gotten us, or is keeping us where we are now. Yet, how
often do we seriously carve out time, uninterrupted time, and make the space for the type of nextlevel breakthrough thinking we need to grow our businesses and create marketing breakthroughs?
!
Rarely is the key to growth simply doing more of the what you are doing.
23
Thinking differently means we have to challenge our assumptions about what creates
success in our market; it means we need to rethink our products, our marketing, our approach to
sales, and much more. Even more importantly, it means we need to ACT differently.
!
After 20 years in business, I'm convinced that much of the best Breakthrough Thinking
is born of a mindset. A core commitment to continuously raise the performance bar - combined
with a flexible mindset that looks for opportunities, then rapidly experiments, adopts or abandons.
!
I've seen brilliant men and women fail. On the other hand, I've seen men and women of
average intelligence win because they kept their minds open, they challenged industry-think,
they tested, they adapted and then started the whole process over again.
!
Take a look around. What have you or your organization done differently in the last 3-4
months? If the answer is, "Nothing", then I urge you to take a hard look at your market, your
products, your services, your marketing, your sales processes and start asking yourself lots of
questions.
24
Baby Steps!
Pursuit of just the Big Breakthrough can blind you to small, easy victories that
are the stepping stones to great achievement.
!
!
So a lesson I had to learn was that blockbuster breakthroughs are great -- but just as often
you can create million-dollar breakthroughs in a series of baby steps, one building on the next,
gaining momentum and one day you look around and realize youve created a breakthrough.
Before getting into the fine art of baby steps, we first need to look at a fundamental prin-
When we come to realize that we dont know it all...and come to realize the incredible
When we implement baby steps improvements, we have to measure and test performance
of one method against another. Otherwise all we are left with is opinion. And that isnt a great
foundation for million-dollar breakthroughs.
25
Heres how the principle of testing and baby steps worked together
to create a $10 million dollar breakthrough...
!
One of the nations largest banks was interested in refining their approach to upgrading
Their cost to mail was 40 cents and they were getting a .093% response rate - just under
1 percent.
!
We began testing different mediums to reach their customers with the upgrade message.
One that worked well was voice messaging. Not only did it work well, but it dropped their cost to
reach a customer from 40 cents to .06 cents. When you are mailing tens-of-millions of pieces that was a worthy breakthrough in itself. But, it gets better.
!
Through controlled A/B split testing, we worked with them on the messaging and dis-
covered a stunner. The messages that contained a pet phrase that was in all their copy, The
more you spend, the more you save, REDUCED response rates by 50%. Could that be? We
tested again. Yup. That phrase was a response killer. After getting it out of the messaging their
response rates climbed to 1.23%.
!
So far, small, incremental test have added up to quite the breakthrough. But the best was
yet to come...
!
We continued testing messages and continued inching response rates up. Then one day
The new message was less cheerful and said, Were calling to alert you that our credit
Combine that increase in response with the reduction in mail cost and this bank had a
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Conclusion
Phasellus ut arcu ut nulla dignissim auctor
!
Why does one entrepreneur flounder and just get by for years on end, while another
Luck?
Some business owners are just plain more determined to create growth and strive for
breakthroughs.
!
I think it comes from a belief that they can create breakthroughs...they can take their
company to the next level...they can leave competitors and start-up challenges behind.
!
I hope, in part, this report has sparked the will inside of you to take the time to think
The breakthroughs are out there. Dozens of them. Just waiting for you to discover where
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