Showing posts with label pricing services. Show all posts
Showing posts with label pricing services. Show all posts

Saturday, August 1, 2009

Seven Tips For Selling To The Rich


Seven Tips to Reach the Rich:

Marketing to the Luxury Consumer

There was a time when the world wide web was NOT the place to sell $100,000 diamonds or fine works of art. It was a place to shop for books, a few music downloads and maybe buy some electronics gear. The luxury consumers, the ones with the resources to buy at Tiffany’s without so much as a second thought, weren’t going to buy their diamond tennis bracelets at higgenbottomsjewelrywarehouse.com where the motto is: “If we don’t say ‘howdy’ your purchase is free.” That type of hometown marketing doesn’t work with those for whom money is no object.

And isn’t that the perfect customer? For all of us?

The Nouveau Nouveau Riche

There’s a new species of luxury buyer. This isn’t old Harvard or Yale money. This is wealth created by the class nerd who developed a software company that he sold for $500 million when he was 25 years old! (Who’s laughing now?) This new demographic is usually a professional, well-educated, two incomes, money in the bank and discretionary income at his or her disposal.

Reaching this market segment requires an understanding of the motives that drive these individuals to purchase – especially to purchase on line. From you.

Prestige and Indulgence

These deep pockets buyers are usually driven by the fashionistas – the media segment that tells us what’s hot (just ask Paris) and what’s not. They’re shopping, not just for a winter coat, but a signature statement – a statement that’s made by wearing designer clothes, for example.

You can buy a warm winter coat at LL Beans for less than $100 but where’s the prestige in that? Instead, this market segment looks for the designer label. The coat won’t keep them any warmer but it does exude prestige and indulgence – because of that designer label.

To reach this market segment, brands must be created and presented in a luxurious manner. Brand names count, whether it’s clothes, appliances or automobiles (especially automobiles).

It’s Not About the Money – Most of the Time

Most of us look for sales, squirrel away money in our IRAs and worry whenever the stock market hiccups. Not so with those who enjoy true financial freedom. When you’ve got millions, a market blip isn’t worth fretting over. So, the natural appeal to site owners to emphasize low prices – a natural selling point for the run-of-the-mill consumer (me) – doesn’t carry any weight with the luxury buyer. In fact, it works against the sale.

There’s a promotion concept called ‘velvet rope marketing’ – marketing designed to appeal especially to the well-to-do. We all recognize the turquoise Tiffany’s box and there’s no such thing as an entry level Jaguar. They’re all pricey.

However, today’s luxury, online buyer is just as likely to visit the Target website as the Tiffany site. It makes sense. These buyers may still look for sales on name-brand cookware at Target because cookware doesn’t have as much power to make a strong, personal statement as a $1,000 Gucci hand bag.

So how do you create a site that appeals to this new breed of online buyer? Here are some suggestions.

How To Convert the Luxury Consumer

1. Perception is reality to this demographic. Consider the coat example above. The LL Bean coat is made well and will last forever. However, the perception is that LL Bean sells to the masses, which they do. And I love my Bean parka.

Create the perception of elegance with a well designed home page and stylish product pages. Create a site free of AdWords and affiliate links. That is NOT what velvet rope marketing is about. Instead, think elegance, distinction and pampering.

2. Speak the language of the buyer. In this case, your buyers know fashion, they know prestige and they recognize the importance of making an independent statement. So, despite the fact that many of these buyers will only purchase brand names, they’ll mix and match brands to create their own, unique signature look. So, no men’s suit buyer is going to go 100% Hugo Boss or Ralph Lauren. That would indicate that the buyer is a slave to fashion.

3. So, build a site that let’s the luxury consumer mix and match from different product pages to see how the whole ensemble works. It’s these kinds of useful, upscale features the new, luxury consumer appreciates. It shows you understand them, their needs and drives and your site is designed to accommodate those needs and drives.

4. Offer special services. Buying services, for example, indicate a velvet rope level of customer care. Buyers provide birthdays and other important dates, provide the gift recipient’s profile, likes and dislikes and you take care of the rest. You, or your professional buyer, picks out the item, elegantly gift wraps it and makes sure it’s delivered on time to the right person.

This ‘concierge’ service can extend in other directions. Using a customer’s previous buying history, you can make gift suggestions for certain people for whom the buyer has previously purchased. Subtle but very effective.

5. Provide a toll-free number and make sure your customer service staff is well rehearsed with complete scripts to manage any contingency. Your phone staff should be courteous, alert and – this may hurt a little – they should also be given the training and authority to make decisions.

The upscale customer doesn’t want to hassle while the client care rep gets approval from a supervisor (who may or may not be available at the moment). This affluent buyer wants answers and resolutions to his or her problems. A well-trained and trusted staff can deliver this level of service routinely. (BTW, client care reps should be U.S.-based and available 24/7.)

6. Hit the mark every time. Track orders, ensure prompt shipment, include an easy ‘return kit,’ including pre-printed return label so all the buyer has to do is affix the return label to the shipping box over the mailing label. Simple and that’s what affluent buyers are looking for.

7. Provide lots of site space for product images. Clothes should be photographed using a model so the buyer can see the outfit or piece of clothing on a human, not floating in front of negative space. Don’t skimp on product pictures. They should be properly lit and shot, which means if you don’t know one end of a fill light from another, hire a pro to snap product pictures for upload.

This is a newly-defined demographic – one driven by the media with TV shows about Hollywood glam and glitz and who’s showing in NYC this week.

Know your brands. Know the motivations of this status-conscious buyer, provide the personalized service these buyers expect in the brick-and-mortar shops they frequent (too bad you can’t offer them a latte while they try on the latest from Europe) and create a site that has the look and feel of fashion chic and online professionalism.

Remember, it is absolutely NOT about the money so play down cost and play up style, distinctiveness and the message broadcast to the rest of the world by the products you sell.

I have arrived.


Having touble hitting your demongraphic sweet spot? Drop me a line and let's target your marketing with laser precision.

Webwordslinger.com

Tuesday, July 14, 2009

Is Your Web Host Ready For Anything? Than Neither Is Your Web Biz!



Is Your Web Host Ready For Anything?

Just How Safe Is Your E-Business?



We’ve got drought in the midlands. We’ve got flash floods, mudslides, earthquakes and raging infernos throughout California (why don’t you people just move?). In the Northeast, there are blizzards and cold snaps that make grown men weep. Yep, you never know what to expect – but you can expect natural disasters and unnatural disasters to strike and when they do, are you out of your online business?

Web Servers – a Primer

A short lesson for those just joining the online community. Your website is delivered to the world wide web through a server owned by your web host. Now, if you have a shared hosting program (entry-level and low cost – good) you share a server with a couple of hundred other web sites.

That server, which connects your business to your customers, isn’t an abstract concept. It’s a piece of hardware. You can buy a network server from Dell for less than $1,000. No mystery. A server is just a big box with massive storage capacity that’s plugged into the web matrix so your site is visible from Singapore to Sandusky.

Small hosting companies have a few servers all chugging away. The big web hosting companies have dozens and dozens of black boxes (servers) all spewing forth the stuff we see on the W3.

Now, like all electronics gear, web servers aren’t partial to the elements. Leave one out in the rain and watch the sparks fly. Leave a network server outside overnight in International Falls, MN and you’ve turned a perfectly good server into a door stop. Get the picture? These pathways to the web are delicate, and they require protection.

What’s Your Web Host Doing to Protect Against Floods?

What’s the worst that can happen?

The building housing your server floods, cooking your site’s server in the process. Umm. You’ll be down for a while, that’s a fact. But wait, if the water cooked your server, all of the other sites on the server are in trouble. All need fixing fast.

Now, imagine the backwash from a busted water main wipes out 30 servers. Man, you are going to be down well past the holiday shopping season and you know that’s going to hurt.

A responsible web host prepares for the worst contingencies. For example, in the case of flooding, servers should be elevated at least a foot off the ground. If we’re talkin’ a Noah-sized flood, nothing is going to help, but that 12-inch buffer between your server and the raging tide may just keep you online – even during a flood at your server location.

Web Servers and Power Outages

Power outages are a commonplace annoyance but we accept them as we eat a barbequed dinner by candlelight. Tree limbs fall. But hurricanes and tornadoes also hit, uprooting trees and tearing down electrical wires in the process. Hey, if you happen to go for a low-ball web host, your server could be in a hut in Bangladesh for all you know and electricity may NOT be taken for granted.

Ask your web host how it handles power outages. Most will tell you there’s nothing they can do about the loss of power until power is restored. Ahh, but the good host is ready for any contingency. If the host loses power from the local grid, the host’s back-up generators automatically kick in without missing a beat. Online visitors won’t even see a blip.

It’s not always easy to tell where your host server is. Resellers by disk space in bulk from web hosts and sell it in smaller chunks to retail customers like you and me. So the company, our web host, may be red, white and blue and call itself The All-American Web Hosting Company, but for all you know, your host server is just west of Katmandu.

Ask your host for the physical location of your server. If it’s not at least in the U.S. keep looking for a host. Believe it or not, web hosting has become popular in Iran. Yea, that’s a good way to start your online business – with a server in Iran.

Fire! Fire!

What kind of fire suppression system does the web host have in place? Is it designed to protect non-involved servers, i.e. a smart system, or does the server room simply fill with fire-retardant foam, taking your database with it.

Don’t think it’s a problem? Servers use electricity and because they do, they create heat. Lots of it. That’s why server rooms are air conditioned. If they weren’t, there’d be so much heat build up you could cure hams in there.

Be sure to ask your web host what kind of protection they have in place to fight a small electrical fire or a catastrophic fire that melts 50 servers into plastic lumps. Hey, that’s your site on that lump!

Site Sabotage

So, okay, you’ve checked that prospective web host and found that all servers are on the 40th floor (let it rain) and the company does have back-up generators on site to cover for power outages. So far so good.

But what about the proverbial “disgruntled employee.” The tech head who was just passed over for a promotion, or the new guy who’s just testing his hacker chops at the server level. Who’s working on your server?

It’s not a common problem among well-respected, long-time hosting companies who do background tests, random drug testing and take other proactive measures to ensure all of those who have access to the server room (the Mother Lode) are properly checked and rechecked.

In addition, quality hosting companies limit access to the server room and security is reminiscent of a Level 3 Max security prison. There’s usually a keyboard or some type of biometrics device used to gain access to the server room, and the entire place is under constant video surveillance. It won’t stop the major whack job, but whack jobs are usually detected before they reach the trusted level of server technician.

Beaucop Bucks?

Hardly. You should expect this level of security and protection for pennies a day. Literally. Pennies a day.

You can purchase quality hosting from a web host that has contingency plans for everything from massive flooding (elevate the servers) to hoards of locust (Please shut the door so the locusts don’t get in. Thank you.)

Hosting is competitive. Just Google “web hosts” and you’ll get the idea. The premium web hosts have a long history (at least 10 years), near-perfect uptimes (accept nothing less than 99.9%) and both security and contingency plans in place. The small timers have a single server in Mumbai and during the annual rainy season service is…umm intermittent.

So spend a little to get a lot. A lot of protection. A lot of security. And contingency plans for any event. (Okay, maybe not a UFO attack, but if that happens, you’ll have more important things on your mind.)

When shopping around for a web host or a new web host, go with one willing to spend the time, money and effort to provide multiple layers of protection for your website. You may not need it today, but when those locusts hit, you’ll be glad you spent a little extra to get those locust-proof doors at your server site.


Need some help getting started with that web site you've been thinking about. Call or click webwordslinger.com. Make sure your business is really secure.

Sunday, July 12, 2009

Do Your Clients Pay You For What You KNOW? They Should.

I wouldn't pay two cents for this jerk's advice. Make sure your SEO explains e-commerce in terms YOU understand.

STOP THE SEO GIBBERISH!

Recognizing the value of and building a long list of dedicated, happy clients is the goal of any web site designer, SEO, copywriter, graphic artist or any other creative type working in the digital matrix. That’s the objective.

And that means talking to potential clients – a lot. Now, if the rent is due tomorrow and you don’t have the proverbial “two nickels to rub together” you don’t have much choice in whether to take a low-paying job from a site owner who “found your name on Elance” or some other site but doesn’t want to pay the $10 fee to post a project on Elance.

Man, if the person you’re talking to doesn’t want to pay the $10 fee, how hard is it going to be to get paid when the project is finished?

I’m a nice guy, but…

at least once a week, I get a call from a prospect who has a lot of questions. How do I do this? Who would you recommend for that and on and on. Now, I’m a nice guy and I usually end up giving away the information the caller asks for in the hopes that it will lead to some paying work down the line.

I want to show the prospect that I know what I’m doing and know how to speak webspeak, but once I get rolling, I’ve given away so much SEO, SEM and site design info the caller either (1) has the answers to the questions s/he had and therefore doesn’t need my expensive writing and SEO services or (2) after taking careful notes during our hour-long conversation, the caller can hand those notes to a much less expensive site designer, SEO, copywriter or other service provider and implement my plan.

The result? After I hang up with these callers I kick myself around the office for 20 minutes, pound my forehead against a (not-too-hard) wall and howl like some crazed, rabid wolf. Oops, I did it again.

So, how do I discreetly tell the prospective client…

…that it ain’t free? That’s a tough one. You want to demonstrate that you know your stuff but you don’t want to educate a potential client out of possible future work. You also don’t want to sound like some spoiled brat, “I know something you don’t know.”

The fact is most clients don’t know what they don’t know. And you have that information. It’s important to make a distinction, here. Yes, you’re paid for your time (though not as much as you think you’re worth) but you’re also paid for what you know.

Went to see my doctor the other day. I spoke to her for less than five minutes on a quick check-up of a procedure done a few weeks earlier. She poked my “owie” with a pencil a couple of times, looked at it with a magnifying glass, pronounced me healthy and escorted me to the door.

Now don’t get me wrong. My doctor (Hi, Jennifer) is the tops. Absolute best. But a couple of weeks later, after my insurance company got through processing my claim, I owed Jennifer and her practice $79.87 – and that was after my insurance company paid it’s itty-bitty bit.

Did I complain? (Well, yes a little, but not because of Jennifer’s bill.) I’m not paying for the office visit (under five minutes) or the pencil poking. I’m paying this professional for what she knows. Four years of college. Four years of med school. A one-year internship and two-year residency. In that time, somewhere, my doctor learned how to poke my boo-boo with a Venus Velvet #2 pencil and give me a clean bill of health.

My attorney charges $400 an hour. It costs me $40 just to wish him a happy holiday. And if I have a legal question, forget about it. I’m paying $40 every six minutes Todd and I speak.

Is it the time I spend with these professionals? Marginally. I mean six minutes out of the work day should be worth something. But the fact is, I’m paying for knowledge not time. This ain’t no Mickey D’s. Clients pay me because I can save them time and even more money. They pay me for what I know.

So, what do I say to the caller with a lot of questions…

…and won’t let me off the phone?

Be polite. Again, most of these callers don’t know the value of the information you provide. Most don’t know you have a $1,000 consulting fee. Most don’t know the difference between an SEO and an SAT, so patience is a virtue when contacted by someone unfamiliar with the world of commercial search engine marketing.

Provide answers but don’t give away the farm. It may seem so simple to you, but to an outsider it’s all geek speak.

Let the caller know you have the answers and the expertise to fulfill his or her needs but don’t give it ALL away. This is your living we’re talking about, and wasn’t there something about a rent check due?

At some point – after you’ve demonstrated that you’re a nice, knowledgeable professional – the questions have to stop and the caller goes on the clock at your consulting rate. It may feel funny but your insider information is your product and you have the right (no, the responsibility) to sell it.

Simply tell the caller that this is your livelihood and that your consultation rate is X number of dollars an hour and you’d like the opportunity to help because you really can solve the client’s problem(s).

Some cold clients will view this as a money grab, and chances are, these tightwads will go elsewhere for more free information. Bye-bye. Ta-ta. So long. But most people (new site owners or soon-to-be site owners) understand the value you, as a site designer, copywriter, SEO or some other digital savant, bring to the equation.

Oh sure, there are other site designers or wordsmiths who will do it for less. A site owner can outsource copywriting by the pound (as little as a dollar a page) but the copy reads like it was written by the Kwiki Mart’s Apu or Gregor from Romania. And you can find a site designer who can build you a site, launch it and hope for the best but, for all you know, your site designer is two pages ahead of you in reading Websites for Dummies.

Honesty is the best policy…

…when dealing with new clients. Lay it all out for them – the steps in putting together a web site. Ask questions. Do they have a secure checkout? How about an insecure checkout? (Just kidding.) Most clients call site designers, copywriters and other professionals with an idea. That’s it, just an idea.

Or, occasionally you’ll encounter the client who’s got 1,000 pages of text on liquid fertilizer stored on his hard drive that he wants you to turn into a website. Wait, did you just hear an alarm bell go off?

Don’t wing it. Develop a rate card or some kind of standard pricing. You can gradually increase your rates as you develop a larger client base of happy customers, but when someone calls, about the only thing they really want to know is “How much?”

And you want to give them an answer – and not one off the top of your head. Offer an hourly fee, a per page fee or a flat-rate based on your knowledge of how long it takes to accomplish a particular task.

Don’t under-value your knowledge. If it takes you five minutes and you earn $500, good for you – especially if the information you provide prevents the client from making a $10,000 misstep.

Once you’ve established the price for services to be rendered, it is perfectly acceptable to ask for an advance. 50% of the total project price is standard with the rest due upon completion of the project to the client’s complete satisfaction. Never start a project without receiving at least partial payment upfront. Without it, the client has no stake in the work and can simply stop taking your calls.

On the other hand, with the client who’s got $5,000 out there as a down payment to build a web site, your calls will go through. And that’s the way you want it.

You know, there's a lot more to web success than SEO. Call or click www.webwordslinger.com to discover how to drive propsects to your site. It ain't rocket science, that's for sure.

Webwordslinger.com

Thursday, July 2, 2009

How Much Are You Worth? Pricing Services


REMEMBER: Clients pay you for what you know, not just what you do!



Pricing your services, whether as a web writer, site builder, virtual assistant or some other web-based biz has always been tough. You need to pay your bills but the competition is fieresome - especially when your bidding against overseas outsourcers willing to build a fully functioning (?) web site for $500.

So how do you pirce your services to compete against the low-ballers - the college kids willing to work for jukebox money, the work-at-home parents looking to pick up a few extra bucks each month and the company in Bnagalore that cranks out press releases like sausage.

It's important that all service providers remember two things: (1) clients pay you for what you know and (2) they pay you to deliver the goods on time and above spec. Always over-deliver. It builds a stable client base.

Recognizing the value of and building a long list of dedicated, happy clients is the goal of any web site designer, SEO, copywriter, graphic artist or any other creative type working in the digital matrix. That’s the objective.

And that means talking to potential clients – a lot. Now, if the rent is due tomorrow and you don’t have the proverbial “two nickels to rub together” you don’t have much choice in whether to take a low-paying job from a site owner who “found your name on Elance” or some other site but doesn’t want to pay the $10 fee to post a project on Elance.

Man, if the person you’re talking to doesn’t want to pay the $10 fee, how hard is it going to be to get paid when the project is finished?

I’m a nice guy, but…

at least once a week, I get a call from a prospect who has a lot of questions. How do I do this? Who would you recommend for that and on and on. Now, I’m a nice guy and I usually end up giving away the information the caller asks for in the hopes that it will lead to some paying work down the line.

I want to show the prospect that I know what I’m doing and know how to speak webspeak, but once I get rolling, I’ve given away so much SEO, SEM and site design info the caller either (1) has the answers to the questions s/he had and therefore doesn’t need my expensive writing and SEO services or (2) after taking careful notes during our hour-long conversation, the caller can hand those notes to a much less expensive site designer, SEO, copywriter or other service provider and implement my plan.

The result? After I hang up with these callers I kick myself around the office for 20 minutes, pound my forehead against a (not-too-hard) wall and howl like some crazed, rabid wolf. Oops, I did it again.

So, how do I discreetly tell the prospective client…

…that it ain’t free? That’s a tough one. You want to demonstrate that you know your stuff but you don’t want to educate a potential client out of possible future work. You also don’t want to sound like some spoiled brat, “I know something you don’t know.”

The fact is most clients don’t know what they don’t know. And you have that information. It’s important to make a distinction, here. Yes, you’re paid for your time (though not as much as you think you’re worth) but you’re also paid for what you know.

Went to see my doctor the other day. I spoke to her for less than five minutes on a quick check-up of a procedure done a few weeks earlier. She poked my “owie” with a pencil a couple of times, looked at it with a magnifying glass, pronounced me healthy and escorted me to the door.

Now don’t get me wrong. My doctor (Hi, Jennifer) is the tops. Absolute best. But a couple of weeks later, after my insurance company got through processing my claim, I owed Jennifer and her practice $79.87 – and that was after my insurance company paid it’s itty-bitty bit.

Did I complain? (Well, yes a little, but not because of Jennifer’s bill.) I’m not paying for the office visit (under five minutes) or the pencil poking. I’m paying this professional for what she knows. Four years of college. Four years of med school. A one-year internship and two-year residency. In that time, somewhere, my doctor learned how to poke my boo-boo with a Venus Velvet #2 pencil and give me a clean bill of health.

My attorney charges $400 an hour. It costs me $40 just to wish him a happy holiday. And if I have a legal question, forget about it. I’m paying $40 every six minutes Todd and I speak.

Is it the time I spend with these professionals? Marginally. I mean six minutes out of the work day should be worth something. But the fact is, I’m paying for knowledge not time. This ain’t no Mickey D’s. Clients pay me because I can save them time and even more money. They pay me for what I know.

So, what do I say to the caller with a lot of questions…

…and won’t let me off the phone?

Be polite. Again, most of these callers don’t know the value of the information you provide. Most don’t know you have a $1,000 consulting fee. Most don’t know the difference between an SEO and an SAT, so patience is a virtue when contacted by someone unfamiliar with the world of commercial search engine marketing.

Provide answers but don’t give away the farm. It may seem so simple to you, but to an outsider it’s all geek speak.

Let the caller know you have the answers and the expertise to fulfill his or her needs but don’t give it ALL away. This is your living we’re talking about, and wasn’t there something about a rent check due?

At some point – after you’ve demonstrated that you’re a nice, knowledgeable professional – the questions have to stop and the caller goes on the clock at your consulting rate. It may feel funny but your insider information is your product and you have the right (no, the responsibility) to sell it.

Simply tell the caller that this is your livelihood and that your consultation rate is X number of dollars an hour and you’d like the opportunity to help because you really can solve the client’s problem(s).

Some cold clients will view this as a money grab, and chances are, these tightwads will go elsewhere for more free information. Bye-bye. Ta-ta. So long. But most people (new site owners or soon-to-be site owners) understand the value you, as a site designer, copywriter, SEO or some other digital savant, bring to the equation.

Oh sure, there are other site designers or wordsmiths who will do it for less. A site owner can outsource copywriting by the pound (as little as a dollar a page) but the copy reads like it was written by the Kwiki Mart’s Apu or Gregor from Romania. And you can find a site designer who can build you a site, launch it and hope for the best but, for all you know, your site designer is two pages ahead of you in reading Websites for Dummies.

Honesty is the best policy…

…when dealing with new clients. Lay it all out for them – the steps in putting together a web site. Ask questions. Do they have a secure checkout? How about an insecure checkout? (Just kidding.) Most clients call site designers, copywriters and other professionals with an idea. That’s it, just an idea.

Or, occasionally you’ll encounter the client who’s got 1,000 pages of text on liquid fertilizer stored on his hard drive that he wants you to turn into a website. Wait, did you just hear an alarm bell go off?

Don’t wing it. Develop a rate card or some kind of standard pricing. You can gradually increase your rates as you develop a larger client base of happy customers, but when someone calls, about the only thing they really want to know is “How much?”

And you want to give them an answer – and not one off the top of your head. Offer an hourly fee, a per page fee or a flat-rate based on your knowledge of how long it takes to accomplish a particular task.

Don’t under-value your knowledge. If it takes you five minutes and you earn $500, good for you – especially if the information you provide prevents the client from making a $10,000 misstep.

Once you’ve established the price for services to be rendered, it is perfectly acceptable to ask for an advance. 50% of the total project price is standard with the rest due upon completion of the project to the client’s complete satisfaction. Never start a project without receiving at least partial payment upfront. Without it, the client has no stake in the work and can simply stop taking your calls.

On the other hand, with the client who’s got $5,000 out there as a down payment to build a web site, your calls will go through. And that’s the way you want it.


Love to hear from you. Stop by webwordslinger.com to see what copywriting, SEO and on-line marketing services I can provide to grow that web-biz of yours.


Later,

editor@webwordslinger.com