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Kevin C. Whelan

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Marketing Consultants

February 9, 2021

The three prongs of marketing

I’m in the midst of helping a few clients construct marketing programs from the ground up.

Through my conversations and explanations around what to expect, I can now boil it all down to three parts:

  1. Strategy
  2. Systems
  3. Measurement

If I could draw a diagram, it would look like a virtuous cycle where each part feeds in and out of the other parts.

Let’s break it down.

1. Strategy

Figure out who you’re trying to help and why they should choose you over anyone else. Overdeliver on those reasons. Be ready to adapt.

2. Systems

Run the business according to your strategy and talk about how you operate and why. Your actions should demonstrate why people should obviously choose you over anyone else.

Marketing is largely about reaching people to tell that story. It’s not about fabricating a story or putting lipstick on a pig. Poor business strategy, poor marketing.

You also want to build in ways to stay in tune with the needs of your customers. Track feedback, run surveys, ask questions, watch the money, see who’s them most delighted.

This is the only way to continue doing the things that make you the best for the market you serve.

And of course, the systems part. Do as much of your marketing as possible in a systemized way so you can sustain it as you grow.

Nothing effective happens at scale in an ad-hoc fashion.

3. Measurement

The key to all of it is watching the numbers as an indication of whether the system and strategy are working.

Look for trends over time.

Test things like input/activity volume (number of ad dollars spent, content produced, flyers mailed out, etc.) and watch for a desired output (number of leads, revenue, conversion rate, sales, etc.).

It’s not a perfect science, and no measurement is ever exact. But operating without numbers is a recipe for failure (or blind luck).

These are the three core parts of any good marketing program.

Each part informs the next and the previous. It’s an ecosystem.

As a marketing consultant, it’s our job to build out each of these areas with our clients and use it as a self-reinforcing system that gets more effective over time.

Sound simple? It’s not, but that’s fine. That’s why we do what we do. 🙂

 

February 8, 2021

The tech stack I use to run a paid community on Circle

Running a membership program might look like it’s really easy, but there’s actually quite a few moving parts, depending on how you do it.

Strategy, marketing, content, and community building aside, there’s also the technology side of things.

In my case, I offer a private podcast, content, and community as my membership’s core offering.

Which means I need to host everything and tie it together with the necessary payment processing, marketing, and back-end technology to make it work.

For those curious, here’s what’s involved.

Circle

This is the platform that hosts my community. It houses conversations, content, and the resources I include, such as a proposal template, KPI document, and onboarding questionnaire.

They just launched an iOS app which makes it really easy to keep members engaged. And while this company is still relatively new, I think they’re on to great things. Cant’ recommend them enough.

Google Workspace (formerly G Suite)

I store my shared content resources using Google Docs. It’s easy for people to get the latest version, download/copy it, and use it for their own purposes.

Simple but it works.

Transistor

Since I offer a private podcast with the membership, I need a place to host it. Transistor works great. The features are superb, it’s easy to use, it’s not expensive.

Definitely recommend.

Memberful

Memberful is the tool that lets me collect money, create a unique podcast RSS feed for each member, it connects directly (SSO) with Circle so there’s only one login required, it lets me link directly to a Billing Profile to let members easily cancel, upgrade, or download invoices from within the community, and quite a bit more.

I have to pay 4.9% + $25/month + Stripe fees, but the convenience of everything just working makes it worthwhile. Especially for my use case.

Zapier

I use Zapier to connect members to the various channels inside of Circle when they sign up. That way it’s all done and ready when they first log in and they don’t have to join the different channels manually. I wish it was easier.

Stripe

Stripe is the backend payment processor that handles all of my payments and automatically deposits money into my bank account most days. It’s by far the best out there, from my experience. I definitely don’t recommend PayPal. Too many reasons to get into it.

ConvertKit

ConvertKit powers my email newsletter. I post blog posts to kevin.me and it automatically grabs new posts via RSS feed and sends them to my subscribers. No logging in required, which I like.

I also like the story and people behind the company, and believe it to be a good platform to invest into as it continues adding new features.

WordPress

This is where I host my sales page for the Mindshare membership. It’s simple for now but I’ll turn it into a real site soon enough.

First get the idea out there, get traction, then make it better.

Twitter

Twitter is my primary social media channel for promoting Mindshare. Most of my coworking clients and followers are on LinkedIn, so I keep the worlds more or less (imperfectly) separate so I don’t confuse people about what I do.

It’s resulted in several signups from people I’ve never met nor encountered before, which has been an interesting experience. Lots of work to do there.

And that’s mostly it from a tech standpoint!

It’s not hard to get things set up, but it’s not easy if you’re not reasonably able to use software like this.

Hope this helps if you want to do something similar. There are all-in-one solutions out there that handle much of this, but each have their pros and cons, and this was the product of my research.

February 7, 2021

How NOT to add people to your mailing list

Recently, my wife and I have been considering buying another property.

We found a place we liked, so I emailed the real estate agent to ask a few questions.

They responded, but nothing came of the inquiry. The house wasn’t for us.

Today, I noticed I’ve been added to that realtor’s mailing list. They started sending me their newsletter.

At first, I had no idea who this person was. I thought I was added to some random person’s list.

Then I noticed it was focused on the area of the realtor I reached out to. I put two and two together and determined I was added to their mailing list without my permission.

Here’s the lesson: don’t do that. Never add someone to a mailing list without their expressed permission.

In Canada, we have spam laws around that. But even if we didn’t, it’s not the right way to handle email.

Members of Mindshare, for example, aren’t automatically opted in to this blog’s list.

Though I should suggest they do…. but anyway.

Always ask people if they would like to be added to your mailing list. 

Had this person ask me if I’d like to be added to their mailing list and told me about the content they would send, I might have said yes.

Their newsletter wasn’t terrible, after all.

And from that, I might have kept the doors open to do business with or refer someone to them later on.

But having been added to their mailing list automatically, I now feel slightly burdened by the process of unsubscribing.

I know, it may not seem like a big deal to add people to your list. But without their permission, it won’t help your business. It can only hurt your reputation.

Instead, make an email list worth subscribing to and invite people to it on its own merits.

Now that’s a plan that works.

February 6, 2021

Transparency of mistakes

GiveWell is a non-profit organization that researches charities that “saves or improve the most lives per dollar“. Strong hook!

They do deep research (20,000+ hours per year) and publish it free for the world to use.

One of the interesting things about this company is their Our Mistakes page.

On that page, they publish the mistakes they’ve made—and even some they are still making today. Here are a few examples:

  • 2016 to ongoing: Failure to publish all relevant intervention research
  • 2017 to 2019: Failure to publish charity reviews
  • 2007 to 2014, with ongoing work to improve: Failure to prioritize staff diversity in hiring
  • 2014 to 2016: Failure to prioritize hiring an economist

There are many more.

Why do they do this? Why not just make the mistakes, own them internally, and learn from them privately?

Of course, the reason is trust.

As an organization, they hold a great deal of scrutiny to charities who aim to save lives, so it makes sense that they too should be subject to the same (or greater) scrutiny.

Does publishing their mistakes it make you more or less likely to trust them? I’m guessing you’d trust them more.

It is no different in any freelance or consulting relationship. You’ll inevitably make mistakes. Or you won’t know something you should.

It’s your job to be transparent to your client about it so they know they can trust you.

This kind of transparency is so rare that you will immediately stand out when you practice it. Your clients are looking for this from you. But they don’t always expect it. Which is why it’s so important.

Most clients don’t expect you to know everything. But they do want you to be honest when you don’t know something or when you make a mistake.

At the end of the day, all you have is trust. It’s one of the reasons I provide a fiduciary standard for my clients.

Admitting mistakes is hard but it’s the foundation for trust and is critical to your success.

February 5, 2021

The ATM Strategy

Yesterday, I talked about how the main purpose of my website was to build trust, which eventually leads to selling things.

Here’s a video by Miles Beckler that does a good job breaking down the mechanics of growing a business online using the ATM Strategy: Audience, Trust, Monetization.

Put this in your earbuds if you’re looking to wrap your head around what’s required in your “funnel” (a word I really don’t like). The video is great and really simplifies what you’re doing.

Chances are, you’re missing at least one of these ingredients in your marketing activities.

If you’re a subscriber reading this via email, you can click here to watch it.

February 4, 2021

The purpose of your website

What’s the purpose of your website?

For me, it does two things:

  1. Builds relationships
  2. Sells my products and services

It helps build relationships using two main factors: educational content and an email mailing list sign-up form. 

My newsletter is where I continue building the relationship via email, so that’s the gateway to deeper relationships.

It helps sell my services by listing what I do, who I do, how I do it for, and how much things cost.

But the thing is, nobody buys without building a relationship with me first, no matter how “productized” I make my services.

Which means the primary focus of my website should be to optimize for relationship building.

And that means my home page should be prioritized the same way. It should focus on building the relationships.

So, I updated my home page today to include an email subscription form at the top.

I also better articulated what I do, who I do it for, and why someone should subscribe to my email list.

Previously, it was vague about who should read. And the email subscribe form was buried several full article lengths down the page.

Now it’s right at the top. Organized and easy to understand (I hope).

I’m never done, but there’s one thing that’s for sure: always make the main thing the main thing.

Optimize every page on your site according to that page’s primary goal. In my case, I don’t try to sell on the home page. That wouldn’t work anyway.

Instead, I try to build a relationship with content and a reason to subscribe to my mailing list (where the real relationship gets built).

Here’s the new home page top section (followed by several full articles). A snapshot in time which will inevitably change.

 

Home Page Screenshot - February 2021

February 3, 2021

The five kinds of content

As far as I can tell, there are only five kinds of content:

  1. Education: teach people something
  2. Entertainment: create an experience people enjoy
  3. Stories: talk about someone or something that happened
  4. Curation: find neat things and bring it to people
  5. A blend of multiple: infusing multiple kinds of these into one

I tend to focus on education, with a few stories and the occasional curation piece built in.

But if I’m honest, that’s not the best plan to use. It’s just my default.

The best content strategy uses a healthy mix of all of these content categories.

Sometimes we want junk food, sometimes we want the main course. If you give people too much of the same thing, they get bored.

See if the above categories work for you as a prompt to keep your next content piece fresh.

This one was an “education” piece, but I’ll switch it up tomorrow and mix some more together.

Until next time!

February 2, 2021

Be unreasonably reliable

Writing and publishing every day says something.

Even if your writing isn’t perfect, the fact that you show up consistently each day sends a clear message.

It says that you’re reliable. You’re committed, even when it’s hard. You’re a professional.

And that’s rare.

In a world full of low competence, no follow-through, and wavering levels of consistency, showing up every day demonstrates dependability.

And because it’s rare, people notice it. They’re looking for signs of dependability. You stand out.

Be unreasonably reliable. That’s where the value is.

February 1, 2021

Sell the destination, not the journey

People who want to go to a destination—let’s say Hawaii—value the experience of Hawaii.

They don’t really care how they get there as long as it’s on an airplane and doesn’t cost more than it should. The means of travel is therefore a commodity.

Your job as a consultant is to know what destination your client or prospect wants to go to and focus on that in your messaging and core services.

The only way you can do that is by speaking to your clients and prospects regularly about where they want to go and why it matters.

Everything should begin with the outcome in mind and work backward from there. The prices of your services should reflect a part of that value, too.

Of course, it’s important to have a methodology. But that comes later.

Nobody cares about your process until they’re sold on the idea that you can help them get where they want to go.

Sell the destination, not the journey. That’s where all the value is.

January 31, 2021

What I learned about group coaching vs. private consulting last year

One of the changes I made to my coworking consulting work last year was introducing group coaching.

Until last year, I only did 1:1 private consulting. It allowed me to charge premium rates, work with just one or two handfuls of clients, and still earn a solid income.

And then COVID hit.

More than half of my business is in the coworking industry, so I was worried that companies would not be so able to afford my rates 1:1 since they were so heavily impacted by COVID for the first few months of the pandemic.

I turned out to be wrong.

There was a surge of demand for consulting during a challenging year like 2020. People couldn’t afford not to get their marketing in order.

But by the time all the demand kicked in, I had already rolled out a group coaching program. I spent the rest of the year booked solid.

Now, I’m rolling out a second group coaching program for members of Mindshare, my private membership for marketing consultants.

My experience so far with group coaching has shown me some benefits that are obvious as well as not-so-obvious.

So what are some of the benefits?

1. Forces you to create training, which then becomes a reusable asset

In the style of group coaching I do, I generally offer at least one or two training workshops in addition to small group Q&A calls.

This has forced me to create more content I can repurpose or sell in the future. It also makes each engagement more efficient, as I have a starting point to work from in later cohorts.

2. Members help each other with their ideas and experiences

Being in a small group setting (five or fewer people) allows members to get to know one another’s situation.

They see the challenges and progress each person makes, and it lets members offer new ideas and perspectives to their situations.

It’s my job to then validate good ideas and speak caution to certain advice that gets passed around, but ultimately it’s a been net positive to have multiple vantage points at the table.

3. A bond gets formed which keeps retention high

One of the other unique things I noticed is the bond that gets created among members. Since they tend to start off in similar (albeit unique) situations, people grow and evolve as a group.

The vulnerability of sharing your challenges in a small group setting and the support you get in return makes it hard for members to want to leave. Sure, there is turnover. But retention has been surprisingly good.

Members of my Propeller Program even started calling each other Propellerheads, which is a sign of just that bond.

Retention has been high.

4. You can charge less per person but still earn more per month

Group coaching has the dual benefit of being lower cost for those who seek to join than private consulting, and yet you can earn just as much or more than 1:1 consulting.

Group coaching clients need to implement the ideas fairly independently. It’s not the same as consulting where you tend to be far more involved in the intricacies of their situation, especially around implementation.

My experience in terms of work vs. income is that I can earn the same or more with group coaching while making it easier for people to join who might not otherwise be able to afford to work with you.

A win for everyone.

5. It spreads out my revenue risk among more people

My private consulting work maxes out between 8-10 clients. Group coaching could theoretically handle 30+ people if I replaced each 1:1 client with a small group.

Admittedly, it’s still too early to determine how this will play out in terms of actual lifetime value of each group. My bigger clients tend to have trickier needs which have much higher stakes, hence low turnover.

But in terms of straight numbers, there’s similar revenue across more people, reducing a “key client risk”.

That said, it’s more relationships to manage, so for now it seems wise to keep doing both.

6. It was easier to find group coaching clients than my private consulting work

This might also be too small a sample size, but when I announced the group coaching to my list, I had 10 people immediately reach out. Even more trickled in after.

Since then, it’s been easier to garner interest, although I haven’t sold enough cohorts to come to a full conclusion on that.

Anecdotally, it seems easier to sell than even my lower-cost memberships. It seems many people want more than an intro membership but less than my high-ticket consulting.

Something I will be paying attention to.

The net result

The net result is that group coaching is more affordable to the client, has been easier for me to deliver, forces me to create more training (which becomes an asset), is easier to sell, and generally spreads my risk a bit more than solely doing 1:1 consulting.

It’s also a lot of fun!

The key to group coaching, in my opinion, is serving a niche vertical (like an industry or profession). That way, everyone in the group is speaking the same language and have similar challenges and goals.

So those are my learnings so far in a little under a year doing group coaching.

I’ll share more as I learn more.

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