"The Lightning Speed Internet Sales Success Course" LESSON #3 © 1997 B.S.A. / F.M. http://web.idirect.com/~bsa/index.htm _______________________________ THE TOPIC: How to use catalogs and newsletters to a) find hot topics; b) find customers; c) find the best places to advertise; d) get incredible ideas for new products; e) find out where to send press releases and letters to the editor. THE ANSWER: A) Finding Topics/Products. If you see great potential in a product you've found in a catalog or newsletter, get in touch with the producer. His goal is to sell as much of that product as possible, therefore it is likely that he'll want you to help him do so! Try to bundle the product or target it in a new way. Use all the guerrilla marketing skills that the other guy doesn't have! Brainstorm and figure out what the needs are of the market that the catalog is targetted at. What is the ultimate need? Is it being fulfilled? Can you provide the market something that they're begging for - but doesn't yet exist? Special-interest catalog and newsletter publishers have done the exhausting job of creating niche-markets for you. All you have to do is swoop in with something that market wants. B) Finding Customers. Most catalog and newsletter publishers make their mailing lists available for rent. Simply contact the publication and ask how to get in touch with their list broker. Newsletters may contain additional hidden ways of finding more customers - like pointing out trade shows where you could gather more customers. C) Knowing Which Ones To Advertise In. 1) compare advertising cost to circulation. 2) try to establish an advertising cost that isn't too high, and a product price that isn't too low, so that you can attain break-even with just THREE sales! 3) haggle with the advertising manager of the publication. Don't pay "rate card" rates or you're throwing away up to $100's! Always negotiate with the publisher before buying advertising 4) get in the game - be a player, and do actual mathematical testing to find out which publications return a bottom line profit. As Woody Allen says "80% of success is just showing up." Most people who have expert knowledge of direct marketing are "studiers" that haven't jumped into the business with a full time commitment. Simply being active and persistent will give you an advantage over non-players and those who quit too easily. D) Getting New Ideas. Study the products in niche- targetted newsletters and catalogs. Are there emerging trends you should be paying attention to? New products you should be selling? The "Letters to the editor" section of any special interest publication is a goldmine of clues about what is really on people's minds. People have problems. To some degree, everything sold in our society is targetted at solving a problem. E) Issuing Press Releases And Letters. No two "Free publicity experts" will give you the exact same advice about writing press releases. The important thing is that the headline be powerful and original enough to grab the attention of the editor of a large publication. The "copy" should fit easily onto a single page, double spaced. Writing a letter to the editor of a newsletter or magazine may be a wise 5 minute investment. Sneak in a contact method (phone number, email address) that isn't blatant advertising. Mention an award you are giving out, or a contest, or charitable activity, or some good advice in response to somebody else's letter or a previous article. Slip in your contact information as a way of urging other people to freely avail themselves of your help. Of course, when they contact you, they go onto your mailing list! How to get a free subscription from Paul Hartunian, the world's leading expert on free publicity ... Send a message to publicity@netrageous.com with the word SUBSCRIBE in the subject line. Or ... Go to http://www.netrageous.com and browse around! Where Do You Find The Catalogs And Newsletters You Need To Do Your Research? Go to any Internet search engine (my favorite is http://www.altavista.digital.com ) and find web sites that contain the word "newsletter" or "catalog" AND another keyword or two relevant to the topic that interests you. Also try http://www.savvy.com ! This, and a visit to your local library, will provide you with the publications that'll help you profit.