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No. 181: To Achieve Selling Success, Always Have Products You Can “Gift” Away

Do you want buyers of your products or services to always depart feeling it’s good to buy from you? If YES, I ALWAYS make them feel they got more than they paid for. If you wonder how to  do this without losing money, I explain HOW I DO IT successfully, below!

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Publication: Weekly Public Speaking IDEAS Newsletter

Date: Monday 14th February 2015

No:181

Title: To Achieve Selling Success, Always Have Products You Can “Gift” Away

Author & Publisher: Tayo K. Solagbade [Tel: +234-803-302-1263 (in Nigeria) or +229-66-122-136 (in Benin Republic) ]

Blog URL: http://www.tayosolagbade.com/sdnuggets

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IMPORTANT NOTE: THIS newsletter is published online on the “reincarnated” version of my Self-Development (SD) Nuggets blog. I continue to put finishing touches to the content. If you encounter ANY bad/dead links, and you can spare the time, email them to me via tayo at tksola dot com. Thanks in advance :-)

View Tayo Solagbade's video tutorials and demonstrations on Facebook Productivity Tips, Web Marketing, and for his Custom MS Excel-VB driven software applicationsJoin the SD Nuggets community on Facebook.comConnect with Tayo on Twitter.comConnect with Tayo on Google Plus

No. 181: To Achieve Selling Success, Always Have Products You Can “Gift” Away

Do you want buyers of your products or services to always depart feeling it’s good to buy from you? If YES, I ALWAYS make them feel they got more than they paid for. If you wonder how to  do this without losing money, I explain HOW I DO IT successfully, below!

A Warning: Two Mistakes You Should Seriously Avoid…

There will be exceptions, of course, but generally, if you want to use the ideas I share here, you MUST avoid doing a. and b. outlined below, otherwise you’ll end up short-changing yourself.

a. Do NOT use your services to give people more than they pay for.

They often require your being present and involved. Or if it’s an automated service, they typically require use of some resource you have to pay for or maintain. Either way, you still incur avoidable costs. Anything that makes that happen is NOT healthy for use in the system I propose you adopt.

b. Do NOT use products that you have to SPEND (or have spent) money from your pockets to acquire to make buyers feel they are getting more than they pay for.

I know. I know. People do it all the time. I just happen to be a bit puritanical in my views about being cost-effective. I simply refuse to accept that I should spend EXTRA money to make someone feel good about buying from me.

That option eats over time into my profits, in the long run. “Me wanna” keep as much of my income earned as PROFIT RETAINED in my pockets of bank account that I can spend without worry :-)

Now, Here’s How to Do It, Based On My Hard Won Experience Doing It Successfully

It took me years of trial and error to get it right. So what I share with you now has been refined to ensure you spend much less time wondering what you’re doing wrong.

Note however, that you will still have to refine it to find what works for you. If you need help let me know…click.

Now, you don’t have to agree with either of the above “don’ts” that I listed…

But if you really want to get the kinds of results I get (which enable me reap over 90% of income I earn as tangible profits), I recommend you try hard to abide by them as often as possible.

Right, on to the meat of the subject…HOW YOU CAN DO IT!

Let me ask this…

How would you feel if you bought books from a certain website or online store, up to a certain value (say N5,000) and they included a bonus product (ebook, audio/video) on a similar theme?

What if you then learned (say via auto responder or weekly newsletter) that buying more products from that same company or individual, would earn you access to other free bonus products if you purchased up to a certain value (say N10, 000)?

Would that not make you frequently look for ways to do any shopping you want to do at such a place, anytime your needs match the products or services on offer there?

This happens regularly offline with physical products/brick and mortar companies – especially large companies.

For instance you find a pretty looking pen in the packet of toothpaste you buy…or a toy your child falls in love with.

The mistake I see most of us making however is that we assume (VERY WRONGLY too!) that it’s only big companies that can afford to give stuff away, to buyers.

We forget there are NO RULES about what you can give (or more appropriately “GIFT”) away to buyers and WHO can do it!

This is true for individuals and businesses of all sizes.

Like Michel Fortin so wisely noted in his 10 Commandments of Power Positioning (Did you Google and download that wonderful ebook yet???) – Marketing is about PERCEPTION.

That’s what you’re really dealing with when you engage in the marketing act…

You are trying to INFLUENCE the perception of your target audience, so they “feel” that buying from YOU would be better for them than buying from anyone else who offers what you do!

So, to sell successfully, what you need to do is identify what your target audience PERCEIVES to be VALUABLE or WORTHY of their attention, interest and ultimately their MONEY!

Once you succeed in creating a product that communicates that benefit to them, you are halfway there.

Why halfway you say?

You probably expected I would say you would be (to borrow from the Americans) “home free”!

Well, I say “halfway” because potential buyers may indeed perceive that your product/service is right for them, but human beings can be so fickle minded at the same time.

Dazzling advertising or promotional campaigns from your competitors, who probably offer LESS value than you do, CAN still make people change their minds.

Remember the saying: “Not all that glitters is Gold”? It’s relevant because people tend to”follow” (and “fall for”) for Bright Shiny Objects or “glittering” stuff…which can sometimes be used by con artists!

Only AFTER they’ve gone the wrong way do they then develop “buyer remorse”.

In your case (and I say this assuming you are LIKE me, one who NEVER cheats others) those who stay focussed are unlikely to ever experience that dreadful emotion…

You certainly do NOT want anyone who does business with you to feel that way by the time you separate –otherwise you may find yourself running out of places you can “market” whatever it is you sell without getting told to “buzz off”!

So, what’s the “other half” you need to complete your compelling offer to buyers then…?

It is for you to find a way to add LOTS of GIFT “icings” on your “products/services” cake.

As earlier stated, these will have to be items that will ideally cost you ZERO monetarily, and which will take you minimal effort to deliver to the buyer, along with the item purchased.

Note also that it is best that you find a sustainable way to constantly create additional versions of such products, always with potential to be perceived useful by prospective buyers. That way, you will always have MORE news stuff you can GIFT away, to entice them to buy.

In well over a decade of using this strategy, I have found that digital “gifts” are best used to achieve the above described goal.

All you need to do is develop creative ways to package and present those “GIFT” products – but they must have INHERENT useful value to the intended recipient, otherwise this would backfire.

In my case I use my continually growing library of digital information products (which include e-book versions of paper back publications I sell), and customizable Excel-VB driven software products.

One could say I’m lucky that most of what I sell, and the items I “GIFT” away are digital.

I would however point out that nothing stops YOU from providing digital “gifts” to complement products/services you deliver to buyers as well. Indeed, that IS what I recommend, in this article, that you DO!

Doing it makes my costs really looooow…and that boosts my ability to retain most of what I earn as profits. As a result, I can afford to be quite generous in GIVING such gifts …plus, the high return rate boosts my enthusiasm to do more :-))

Little wonder that I continue to churn out MORE write-ups (which I compile into information products).

I also continue to create new custom Excel-VB driven software – like my Poultry Farm Manager , Ration Formulator, and Payslip Generator (carefully gauging what to do based on enquiries I get from my target audience) to add to what exists.

The above makes it is practically impossible for buyers, prospects or subscribers to ever find my range of offerings OBSOLETE. By the time they come back tomorrow, or a week after, there’s new stuff to be had!

To put it simply, the very nature of all that I do goes against every possible meaning of the word, OBSOLETE!

In actual fact, this adopted strategy makes it literally impossible for anyone to claim to have seen ALL that I have to offer.

Why?

I continue to create new stuff, every day, and I do it almost without trying (believe me!).

In other words, what I have to offer is perpetually yet-to-be-created aka MY NEXT PRODUCT!

Example: Just yesterday, I churned out a new write-up based on a true story, that PERFECTLY demonstrates how I apply the ideas I have shared above…

You see, the screenshot shown below, of my Ten Storyfied Proverbs audio book DVD(click to watch 4 min playback), that I sold to the banker mentioned in the article, depicts custom menu buttons linking PDF versions of 3 other products I gave her as FREE bonuses.

Screenshot shown below, of my Ten Storyfied Proverbs audio book DVD(click to watch 4 min playback), that I sold to the banker mentioned in the article, depicts custom menu buttons linking PDF versions of 3 other products I gave her as FREE bonuses.- Click now to view larger image

If you check my online store 2 of the products I gave away are actually on sale in my online store…

Here’s why….

Because I CAN…and it costs me NOTHING extra to do so, YET at the same time, doing so enables me to create the impression of increase in the mind of the buyer.

Interestingly, since this is a habit I’ve always had (i.e Going The Extra Mile aka GTEM), I’d always displayed it unknowingly, everwhere I went.

Unknown to me, some people were taking note. This lady banker turned out to be one such person who’d seen me act that way waaaay back in 2002

No wonder she sent back the email below…!

And this was her final response, upon receicing the DVD pack I dropped off for here... - Click now to view larger image

Click here to read the full story – with verbatim email transcripts/screenshots. It’s titled “To succeed As a Role Model Be True to Yourself (True Story)

Another Example: Last week, I launched my NEW DVD titled “Effective strategies for Saving Lots of Money Starting/Running a Poultry Farm business

…and I already I have a member of my Inner Circle who has ordered it. He gets 11 audio presentations AND, as promised in THIS PDF preview, he also gets my Ration Formulator and Poultry Farm Manager, as well as my 1,700 Poultry Layer Farm Business Plan on the same DVD.

These 3 bonuses total approx. N150,000 – One Hundred and Fifty Thousand Naira by normal prices – see details on this sales page)!

Now, I’m NOT crazy …there is strategy to this “madness” of mine…:-))

You see, I’m doing this to put out the new product and get buyers saying just how loaded it is with priceless insights about SAVING MONEY in starting up and running a poultry farm.

Since the products are digital and I already have a comfortable base or users, doing this again costs me NOTHING in monetary terms. And effort wise, it takes only 10 to 15 minutes to personalize the products.

Having said that, any moment from now, I might double the price, and the value to be had via the FREE bonuses would still make it worthwhile!

See how this works???

Final Words: Invest your creative brain energy, time and effort to create mainly digital products that can “complement” whatever product or service you sell

Ahem…it goes without saying that you NEED to have such products of your own, to be able to do anything like what I propose here.

So, if you’re interested in using the ideas I’ve shared here, you need to get started “creating” some…

BUT make sure those you choose do NOT cost you any extra money to deliver, along with whatever is purchased from you.

Do this right, and you will find those who buy from you rarely ever want to leave, while others who discover you arrive frequently eager to buy!

If you need help putting the ideas shared above to use, let me know HERE.

Click here to tell me which of Burt’s speaker mentoring products or services you are interested in.

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Learn about Burt Dubin’s speaker mentoring products (books, audios etc) below…

If you need help purchasing ANY of Burt’s products (like “Presentation Magic”), call me on +229-66-122-136 (in Benin Republic, my base) or +234-803-302-1263 (in Nigeria)  or email tayo@tksola.com

Have a great week :-))

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New posts from last week that may interest you! *
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Farm Business [Wednesday]:

Farm Business [Thursday]:

Entrepreneurship [Friday]:
Parenting [Saturday]:

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Tayo K. Solagbade*

Self-Development/Performance Improvement Specialist

*Sole Agent For Burt Dubin’s Speaker Mentoring Service In Africa

Mobile: +234-803-302-1263 (in Nigeria) or +229-66-122-136 (in Benin Republic)

http://www.tayosolagbade.com

Tayo K. Solagbade is a Location Independent Performance Improvement Specialist and Multipreneur (i.e. a highly versatile/multi-skilled entrepreneur), with a bias for delivering Best Practice solutions to

Farm Businesses and others.

Since 2002, he has earned multiple streams of income providing individuals and organisations with personal development training and coaching, custom MS Excel-VB solutions, web marketing systems/web hosting,

freelance writing services, and best practice extension support services (for farm business owners).

Tayo is the author of the Self-Development (SD) Bible™ and the popular Livestock Feed Formulation Handbook. He is also the developer of its accompanying Excel-VB driven Ration Formulator™ and the Poultry Farm Manager™ software.

He has delivered talks/papers to audiences in various groups and organisations, including the Centre for Management Development, University of Lagos, Christ Baptist Church, Volunteer Corps, Tantalisers Fast Foods

and others.

In May 2012 he was the Guest Speaker at the Centre for Entrepreneurship Development’s Annual Semester Entrepreneurial Lecture at Yaba College of Technology in Lagos.

On 1st April 2013, Tayo (who reads, write and speaks the French language) relocated to Cotonou, Benin Republic to begin slowly traveling across the West African region.

His key purpose is to deliver talks, seminars

and workshops on his key areas of focus and interest to interested audiences (Email tayo at tksola dot com for details).

In a previous life, before leaving to become self-employed, Tayo served for seven years as a high performing manager in Guinness Nigeria. He rose from Shift Brewer, to Training & Technical Development Manager, and then later acted in senior management roles as Production Manager and Technical Manager.

He is an Associate Member of the UK Institute & Guild of Brewing, a 1997 National Finalist of the Nigerian Institute of Management’s(NIM) Young Managers’ competition, a Certified Psychometric Test Administrator for Psytech UK, innovator of Spontaneous Coaching for Self-Development™ (SCfS-D™), and Founder of the Self-Development Academy Limited.

When he’s not amazing clients with his superhuman skills (wink), Tayo works as the creative force behind his Daily Self-Development Nuggets blog – on which he also publishes his Weekly Public Speaking IDEAS

newsletter(which he uses to promote Burt Dubin’s Public Speaking Mentoring service to experts working across the African continent).

You can connect with him on Twitter @tksola.com and Facebook.

Visit Tayo Solagbade Dot Com, to download over over 10 performance improvement resources to boost your personal and work related productivity.

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[IMPORTANT NOTE:====

On 4th May 2014, Tayo’s 9 year old domain (Spontaneousdevelopment dot com), which hosted his website, was taken over by Aplus.net.

Within a few days however, Tayo used his advanced self-taught web development skills to build a SUPERIOR “reincarnation” of it the website http://www.tayosolagbade.com.

But updates are still ongoing to URLs bearing the old domain name in most of the over 1,000 web pages, and blog posts

he’s published.

If you experience any difficulties finding a page or document, email Tayo at tksola dot com.

Click “Tayo, What Happened to SpontaneousDevelopmentDotCom ?” to read a detailed narrative about how the above event occurred :-))

Here’s an article Tayo wrote, to inspire others to defy adversity, and bounce back to even greater reckoning at what they do EVERY time:

And he wrote the one below, to explain why losing a domain name, no matter how old NO LONGER determines your online success or otherwise:

A Proven Strategy to Find Profitable Buyers Regardless of Your Domain Name

==================

View Tayo Solagbade's video tutorials and demonstrations on Facebook Productivity Tips, Web Marketing, and for his Custom MS Excel-VB driven software applicationsJoin the SD Nuggets community on Facebook.comConnect with Tayo on Twitter.comConnect with Tayo on Google Plus

 

Useful Resources for Speakers

Burt Dubin works with people who want to be speakers, and with speakers who want to be masters.

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Burt Dubin’s monthly Speaking Biz Strategies Letter [Signup & get a 7-Part Email Course on “How To Succeed And Get Paid As A Professional Speaker“]

Get Burt’s mentoring at any of the 3 levels below:

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Publications

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NEW: Get 2 Real Life Poultry Layer Farm Start-up Business Plans (PLUS Customization)!

Screenshot of the 1,000 bird Poultry Layer Farm Business Plan I prepared and sent to a new client in Nigeria - click to read the article I wrote on it.

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New Ebook (55 pages): Best Practice Farm Management (& Performance Measurement) for Profits – No. 1 of 4

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New Ebook (57 pages): Farm Business Start-up (Information, Education & Inspiration) – No. 2 of 4

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New Ebook (55 pages): Best Practice Livestock Farm Business Feed Formulation – No. 3 of 4

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Using MS Excel® Solver for Least Cost Feed Formulation Can Be Easy - But Also Dangerous (How to Protect Yourself) - Click to downloadDownload above PDF

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NEW: EXCEL-VB DRIVEN POULTRY LAYER FARM MANAGER SOFTWARE

Click here to watch a screenshot demonstration of the Excel-VB Driven Poultry Farm Manager I built for a client farm business in Ekiti state, South West Nigeria.

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NEW: Your Practical Feed Formulation (& Compounding) Home Study Video Series Is Now Available

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FREE TALK: How a Best Operating Process Management Sysem (BOPMS)™Will Earn Your Farm MORE Profits!

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NEW: Coaching Program for Farm Products Marketing Success

Tayo Solagbade's Coaching Program for Farm Products Marketing Success (Verbatim Text Transcript of Introductory Video)

THEY WROTE…


“(Tayo Solagbade) is amazing and I think he is going to produce some impressive results online…” – click here to read full comment by Patrick Meninga (US based 6 figure income blogger who gained fame for building a $2,000 per month adsense website and selling it for $200,000).

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“Tayo, I honestly believe you are one of those who will succeed at anything he does. Your commitment and effort has been outstanding….Thanks for all your hard work since I’ve been here – you will be sorely missed. I don’t need to wish you good luck, you have the ability to make your own luck. – Andy”(R. Jones)*

*Operations Manager, Guinness Nigeria Plc Benin Brewery, December 2001 (Handwritten comments in farewell/xmas cards sent to Tayo Solagbade following his resignation to start his own business).

———————–

Click here to contact Tayo… 

 


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