From the category archives:

Market Research

I’d like to make a brief, but obvious point today, because there’s something I see over and over again across dozens of students and hundreds of customers…

“Outsourcing Disasters and Duplicating Failure”

The desire to duplicate oneself and offload work is only human nature. In fact, it’s one of the strongest elements I’ve observed in the entrepreneurial mindset.

So it’s only natural that people want to COPY other sales systems, and OUTSOURCE all the work involved in building their own.

The problem comes when people don’t take the time to ensure they’re copying SUCCESS, and when they try to OUTSOURCE something they don’t really fully understand or know how to supervise.

Because here’s the secret…

The success of a sales system doesn’t lie entirely in the words on the sales page, or even necessarily in the system as a whole.    It relies much more on the understanding the writer has of the market. And since copycats can’t legally plagiarize the whole system, absent this understanding, they wind up copying an empty shell.

Moreover, it’s rare that a WHOLE system is successful. Lacking an exhaustive understanding of the market in which the system operates, people are prone to copy the failing elements just as easily as the successful ones.

In other words, many competitors are succeeding in spite of bad marketing, because just a few elements are right on target.  Without thorough research and market intelligence, how do you know you’re not duplicating their failure?

There’s also a lot of talk these days of just outsourcing your marketing, or your market research, Glenn-Style.

Now, I’m totally in favor of getting help to scale up your operations. In fact, I’ve been working through John Jonas’ materials, and they’ve helped me to hire no less than 8 people in the Phillipines now.    (You can watch the Outsourcing Webinar Replay through my affiliate link here.  John has a lot of very useful advice for hiring full timers at $300/mo, and provides some training to get them started.  I have a LOT of good experience with his hiring advice and resources, but can’t really say one way or the other about the training he provides for the outsourcers — I’d prefer you used them to do things you already do very well and just want to offload from your plate)

There’s a LOT you CAN outsource. You CAN outsource all the grunt work of setting up your automatic intelligence machine, doing some of the initial scanning of social media conversations, installing and managing your websites, installing wordpress blogs and plug ins, doing routine backups, setting up your surveys, programming scripts and databases, running through the first set of codes for your survey analysis, transcription, audio editing, video editing, article distribution, social bookmarking, data entry, a very, very rough first draft of your copywriting, and so on)

But in my opinion, you can’t outsource the STRATEGIC THINKING AND MARKET IMMERSION necessary to succeed in a project, especially in today’s competitive adwords auctions.

Somewhere along the way, if you want to build a REAL business, you’re going to have to spend a few hundred hours immersed in the market yourself.

Because no one’s really going to care about it like you do.

And because without doing this, you’re NOT going to pick up the subtleties which allow you to connect with the market above and beyond  your competitors.

You simply won’t know what your customers “smell like”, and they’ll sense your templated, outsourced approach.

Because prospects in any market can “smell” honesty, integrity, and passion when it’s poured into a project.

In my experience, the people who try to outsource strategic thinking and market immersion wind up with MORE work, not less, in the long run, because their systems simply don’t perform.   (You CAN partner with someone to champion a market for you, but only if they’re tested and proven in their entrepreneurial and strategic thinking abilities… and if they’ve got enough upside potential and skin in the game to make it worth their while)

A long time ago, I heard Brian Tracy say “if you want to make a mark in your market, make 100 phone calls to prospects and I promise you you’ll never look back”

At the time, I was starting a psychology practice in the midst of the collapse of  indemnity insurance (doctors could no longer get so easily reimbursed for their high session fees as the big companies cut off the gravy train).   My colleagues were all terrified, complaining, and going broke.

What did I do?

I made a few hundred phone calls to every psychologist, psychiatrist, counseling center, etc. I could find on Long Island.  I asked them if they had any patients they were having trouble working with.  I asked how I could help them.  I asked if I could volunteer to see clients for free at their clinic for a day.   I asked if I could work for them in any capacity whatsoever.

I also set up focus groups and individual interviews with people considering seeing a psychologist or counselor.

18 months later I had a private practice with 65 patients. (By the way, for any psychologists considering advertising, one of the critical insights was that no one looked for psychologists, only for counselors, ’cause “you’ve gotta be sick in the head” to see a shrink, “but everyone needs a little counseling sometimes” )

Why?    I knew what the market wanted cold.  I had more connections than any of my peers.   I WENT THROUGH THE IMMERSION EXPERIENCE.

I’ve got several coaching students now who are really getting the value of this.

One of them spent the bulk of this year doing low-end consulting with literally hundreds of people looking for help with a particular software program.   He’s now set up a lucrative PPC lead funnel in this VERY competitive space, and I’ll be utterly shocked if he doesn’t have a million dollar business in 18 months or less.

Another one got so psyched about immersion, he decided to make 1,000 phone calls to prospects in his market.  ONE THOUSAND.   Then he developed a training system based on his experience.  (I can’t imagine anyone else’s training system in that very, very competitive market could possibly be any better.  I can’t imagine any prospect not instantly sensing this after just a little exposure to his materials)

Moreover, both of these gentlemen are NOW in the ultimate position to leverage themselves and outsource their work.   NOW they can replace themselves, and begin building multi-million dollar enterprises.

I guess what I’m saying is,  we’re all in such a hurry to get away from the market, most of us never get into it deep enough to truly succeed.

And so we look for the short cuts…

And wind up copying failure, or outsourcing things we don’t really understand.

I’m not invulnerable to this…  I’m human too, and always fighting a tendency to get lazy.  (Plus, when you get a little money and can easily afford the help, it’s easy to think “I’m above this now”)

But when I look back at my successes, the #1 thing they all had in common were a passionate immersion period in the market, right there in the trenches with the customers and competitors.

Have YOU really immersed yourself in your market?

Something to think about,

G :-)

Get in the Club Already, Huh? |  Get Step by Step Hand Holding and Motivation to Do It |  Blueprint for Beginners

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I’ve got a good friend from Siberia. (I’m going somewhere with this, stay with me please)

Seriously… he was my full time programmer 10 years ago, then he came to visit, then I helped him immigrate to the USA.  Now he lives a few minutes away from me.

When he and his wife (then his fiance’) first came to visit us here in New Hampshire in November, they were constantly shivering and complaining about how cold it was.   (It was about 35 degrees that week, which is relatively warm for New Hampshire in the fall)

Very surprised, I said to him “Alex, you’re from fricking Siberia, where it’s maybe minus 10 on a warm day, what gives?”

He looked at me with a funny Russian smile and said, in the thickest of Russian accents:


“Glenn, man from Siberia NOT warm man, man from Siberia man with lots of clothes!”

In other words, I had assumed the Siberian weather had toughened him up, and that he could go anywhere on the planet without batting an eye.  I had visions of him taking showers outside in the snow in his bathing trunks, like the Ant Arctic expedition workers I had read about  in the Guiness Book of World Records as a child.

I figured he lived in an igloo or something, chewed on ice all day long for water, and spat out icicles with glee.

But I was wrong.

I made assumptions about the man, when what I should have been looking at was his adaptive tools and materials (his warm clothing).

He was wrong too.  He came to New Hampshire without these tools.

It’s a funny story without too serious a consequence, but if you transfer it to the marketing arena it can be deadly.

Because here’s a story I hear all too often…

Guy does his research, goes into a competitive market, builds up a series of products and services, writes a g’zillion follow ups, and tests and tweaks his way into strong profitability.

THEN, he starts to feel like a SuperMan.   He forgets how he got where he was.

He goes into a new market without doing the research, without plans for a full product line, without the expectation of a long period of testing and tweaking his conversion, without the same zeal for writing follow ups, without the same break even cash flow planning, without the willingness to thoroughly and passionately immerse himself in the market by talking to the customers and finding out what they smell like.

He just trots off to a totally foreign country, attributing his success to his personal marketing genius, rather than all the tools, methods, resources, and techniques which put him where he was.

He forgets to bring his warm clothes.

If he’s lucky, he only shivers a little until a kind stranger or friend gives him shelter.

More often, he almost freezes to death and catches the next plane back home.

You see, we can be ruined by our own success.

We’re constantly tempted to attribute it too much to our own abilities, and our sheer marketing genius, which, naturally, means we can go into any market or take on any competitor without the exhaustive, and sometimes quite tedious research and planning required to get there.

Which is why I strive to be one dumb-ass marketer, with lots of checklists, cheat sheets, and methodical plans for everything I do.

Not that I’m always perfect… just like everyone else I’ve made my mistakes by thinking too much of myself too.

But a simple checklist goes a long way towards knocking my ego back down where it needs to be. (Read “The Checklist Manifesto” at your leisure by the way, it’s surprisingly insightful and will change the way you run your business in a weekend)

“PPC Marketer from Siberia Not AdWords Genius, Marketer from Siberia Man with Lots of Checklists!”

For what it’s worth,

Dr. G :-)

Get in the Club Already, Huh? |  Get Step by Step Hand Holding and Motivation to Do It |  Blueprint for Beginners

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Getting Paid to Talk to Yourself

June 16, 2010

Here’s something VERY strange which occurred to me today…
I’ve got the weirdest job in the world.
It’s true!
Because, you see, I get paid gobs of money to talk to myself.   I spend a LOT of time alone in my room, staring at the computer, recording Camtasia videos, MP3s, etc.   Of course, I’ve also got [...]

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Cheat Sheet Collection (PPC and Beyond)

February 23, 2010

Glenn, I don’t have time, could you make more cheat sheets?”
OK, OK … so here’s 21 of my absolute best quick and dirty money making cheat sheets (right click and download the ZIP file) including:
- How to corner your market
- How to master the conversion optimizer
- 7 uncommon reasons internet businesses fail
- My 10 most [...]

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I Am Ugly, Oh So Very, Very Ugly

February 23, 2010

It’s confession time, and I’m finally ready to admit it… I’m ugly.  Oh so very very ugly.
I’ve tried for 4 years now to make what I do seem sexy, but it’s not.
That’s why you don’t see any beauty contests for marketing researchers.  No bikini babes lined up with surveys and statistics.  No hunky t-shirts of 45 [...]

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“So Little Time, So Many Liars” (Recorded Consult with Glenn)

February 10, 2010

Know the biggest problem we face as internet marketers?
LIARS.
A Darwinian economy creates ruthless temptation to lie, exaggerate,  distort, and mislead.  And the PPC auction puts that on steroids.
Every time you look at the results of a split test you’re faced with a moral dilemma.   Because the majority of the time, strengthening your claim beyond [...]

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The Faster, Easier Way to Profits

September 4, 2009

There’s a VERY important insight which pervades and ties together everything I’ve done. It took me a long time to really “get it” myself.
I’ve had hundreds of students come to me with some variation of the following “You’re obviously the guy to work with for building a solid foundation for a long term, profitable, [...]

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My 10 Most Important Business Insights This Decade

August 27, 2009

As the decade draws to a close, I’ve been reflecting upon what I’ve done and learned in the last 10 years of my life. I thought it might be helpful to share my most important insights, year by year.  Just right click this link to download Glenn Livingston’s 10 Most Important Business Insights This Decade
Now, [...]

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Online vs. Offline Buyers

August 24, 2009

“Are online buyers really that different than offline buyers in my market?”
This is one of the most frequently asked questions we get from our clients and prospects.  For the surprising answer, please listen to this free mp3.
Hope it helps,
Glenn
DO IT YOURSELF
PPC DONE FOR YOU
EVERYTHING DONE FOR YOU

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Consumer Language and Getting Unstuck

August 21, 2009

Peter Ryan, our Director of Sales at RocketClicks.com has been getting a lot of questions lately about how to “unstick” a project or business which is struggling.   He asked if he could have an hour of my time to interview me about these specific questions, and I told him “only if I can record it [...]

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