![]() | | ||||||||
| | #1 |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
|
If I got a penny for each time I was pitched to write copy for below my normal rate because (as the person claims) I would make a ton of money from the other jobs they have for me and from the "royalty" from the product sales, then I would be rivaling Warren Buffet for the #1 spot in Forbes Magazine richest people list. I thought that I would make it easier for other people armed with a good product but strapped for cash to make a successful pitch to a copywriter worth his/her salt. So first, what NOT to do: 1. Don't try to sell a copywriter. Thinks about it: his job is to sell so how can you 'outsell' him. Come direct. 2. Don't offer 15% of the sales. If your affiliates get 75% why do you think that 15% would get your copywriter titillated? 3. Don't say that all your money was spent in product development, it's like telling your wife how many other women you had before her. (So you thought about copywriting last huh? 4. Don't promise future jobs. It's obvious if you like their work you'll give more jobs--it's a stale selling point! 5. Don't try to explain how "easy" and "short" the letter will be. What to do: 1. Be prepared to show you have some marketing experience. If this is your first product and you've never marketed before then how will your product sell? XX% of 0 = 0. So have a marketing plan to show how you are prepared to promote the product. 2. Show that you are familiar with the copywriter's work--stroke his ego. We are humans too. did you read their blog, ebook, a sales letter they wrote, an interesting forum post (like this one!)--show that you've been 'checking them out'. 3. Have at least 20% of the normal rate to pay upfront. A copywriter takes on a lot of risk when he writes on a retainer basis, so don't insult him by paying peanuts upfront. Show that you are serious about moving forward. 4. Be prepared to show how you will 'declare' the sales account so the copywriter can be sure you are not ripping him off. Give access to a paypal account or give screen shots--but treat the copywriter as you would any other JV partner. 5. Be civil through the whole process, you may have a business partner for life! You may truly have the next breakthrough ebook, software, membership site on the drawing board but no large bank account to draw from ... and a copywriter could be the final piece in the marketing puzzle to get your business to the next level .. if you play your cards right. Hope this helps ... -Ray Edwards |
| | |
| | |
| | #2 |
| Looking for Clarity War Room Member Join Date: Feb 2009 Location: VA
Posts: 600
Thanks: 57
Thanked 132 Times in 94 Posts
|
I agree with everything that Ray says in the above post. I would also advise anyone looking for a copywriter that has a great product to be able to explain to the copywriter your offer. The offer includes the product, plus bonuses, plus the guarantee, etc. No matter how good you product is, if you don't have a great offer, then the copywriter will have a hard time selling the product. |
| | |
| | #3 |
| Dare To Dream War Room Member Join Date: Mar 2006 Location: Dallas, Texas, USA.
Posts: 986
Blog Entries: 2 Thanks: 179
Thanked 229 Times in 154 Posts
|
Raydal, I think you need to get back to work rather than writing all these great advice. The last one was quite superb and you're firing up another one today. In regards to your advice, if I lower my rates, I lower my rates for certain reasons and getting a percentage is not a determining factor. It's a plus, but not a crucial element in the deal. As professional copywriters, we don't try to nickle and dime and take full advantage of the client (at least I hope we don't) but will certainly accept additional offers on top of our rate. I always require 50% up front. I get the client to see it as a deposit. Especially being made through PayPal. I have an account with PayPal for more than 8 years and nearly 600 different confirmed transactions - I mention this to clients to let them understand that I'm not here to play them like a fool just to get my account frozen or closed. Plus, this let's them know they can trust me and if they are unhappy, they can certainly have their money back. I haven't come into the situation where someone tries to barter for my services and I don't think I'll fold. |
|
Best Regards, Kevin Lam | |
| | |
| | #4 |
| Dare To Dream War Room Member Join Date: Mar 2006 Location: Dallas, Texas, USA.
Posts: 986
Blog Entries: 2 Thanks: 179
Thanked 229 Times in 154 Posts
|
One thing I want to add is, if you're getting ready to work with a copywriter, pay careful attention to how much he puts himself into it. More than likely, your copywriter will come up with new approaches and ideas to not only create better copy, but a better product/service as well. As copywriters, we are very creative already, but just having another set up eyes to look over your product will only help you. Of course, if you end up with a copywriter full of ideas that don't make sense to you, you may have a fake. This isn't always true, especially if you're a total newb and just don't know anything. Most of the time though, a sound idea from your copywriter WILL make sense. He'll point out things you didn't notice or think of doing before and you'll be in the "ah ha" moment. |
|
Best Regards, Kevin Lam | |
| | |
| | #5 |
| Trust Establisher War Room Member Join Date: Aug 2007 Location: Long Island, NY.
Posts: 2,968
Thanks: 526
Thanked 170 Times in 127 Posts
| |
| | |
| | |
| | #6 |
| Dare To Dream War Room Member Join Date: Mar 2006 Location: Dallas, Texas, USA.
Posts: 986
Blog Entries: 2 Thanks: 179
Thanked 229 Times in 154 Posts
|
Well, hot-damn, righter after I said I was never in the situation where someone wanted to barter with me, I was offered a 0% down in order to split profits with him and over time get paid for my fees. No can do.
|
|
Best Regards, Kevin Lam | |
| | |
| | #7 | |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
| Quote:
Once my wife was explaining some medical stuff to my friend who is a medical doctor and I had to stop and remind her of his profession. In the same way I want to stop some potential prospects who try to sell me their pitch on why I should take them on as clients for less than my normal fees. In my mind I'm analyzing their pitch .... "OK, that's scarcity tactic, urgency, future gains, benefit 1,2,3 ..." I sometimes smile to myself when sales people on the phone or in stores try to sell me as well. Of course they are doing their jobs but it's also time for me to have some gun by throwing up some imaginary objections. ![]() -Ray Edwards | |
| | ||
| | |
| | #8 |
| Dare To Dream War Room Member Join Date: Mar 2006 Location: Dallas, Texas, USA.
Posts: 986
Blog Entries: 2 Thanks: 179
Thanked 229 Times in 154 Posts
|
LOL, well, we were talking out the terms and then on the 4th message I see him clarifying that he wanted to pay 0% up front. I told him I'd settle with 30% first and if that doesn't do, it's a no deal. Yeah, I hear ya. It's hard to turn off. |
|
Best Regards, Kevin Lam | |
| | |
| | #9 |
| www.OfflineAdvance.com War Room Member Join Date: Mar 2005 Location: Chicago
Posts: 2,005
Thanks: 1,268
Thanked 572 Times in 313 Posts
|
Ray, thanks for such an appropriate article!....it's so right on target! I have had EVERY pitch you mentioned aimed at me by prospective clients. One thing I would add or emphasize is the part about PROVING THE MARKETING. Specifically, where is the targeted traffic coming from? PPC? JV's? Details matter. Whats' their own history pulling off an effort like this? That kind of info can make all the difference in swaying me to take on the project. The worst cases are where the client-to-be has no idea where traffic will come from and naively thinks if you write a great sales letter, somehow it will just all come together. :-) LOL!! I can say, when the right pieces are there, I 've had projects like this be very profitable. _____ Bruce |
| | |
| | #10 | |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
| Quote:
In a way, copywriters are to blame for selling the idea that great copy is the "magic wand" towards blockbuster sales. in promoting our wares we often go overboard in selling the prospect that once they have good copy then they'll be ushered in to profit heaven. So this is the time to let them know that you need a 'hungry crowd' and a "wanted" product. But get accustomed to prospect trying to sell you on all the great "future jobs" they'll send your way if you just go easy on your fees for the first one. -Ray Edwards | |
| | ||
| | |
| | #11 |
| Copywarrior War Room Member Join Date: Mar 2009
Posts: 84
Thanks: 8
Thanked 20 Times in 15 Posts
| IMHO, if you're absolutely dead broke but have a good product, you're better off checking out a book or two on copywriting at the library and writing your own. Submit your copy for feedback and improvement on sites like this. Then when your product sells enough so that you can afford to hire a professional, relaunch your product with the professional copy.
|
| | |
| | #12 | |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
| Quote:
Doing it for free on your own until you can afford better seems like a good argument until you realize that time = money! I often play around with graphic programs to make my own stuff but I factor in the time it takes me to make a simple ebook cover my time could be better spent doing what makes me money. So going the DIY route seems good until you factor in the money you lose in time 'wasted'. -Ray Edwards | |
| | ||
| | |
| | #13 |
| Senior Warrior Member War Room Member Join Date: Mar 2007 Location: London, England
Posts: 3,769
Thanks: 1,005
Thanked 523 Times in 339 Posts
|
Hey, Ray. I loved your WSO. Your blog's pretty nifty, too. ![]() Ahem...20 percent up front, you say...? Steve |
| | |
| | |
| | #14 |
| interwebs marketer Join Date: Apr 2009 Location: davenport, ia
Posts: 20
Thanks: 0
Thanked 1 Time in 1 Post
|
Seems if they could that eloquently pitch it to the copywriter they wouldn't need his services in the first place, ha!
|
| | |
| | #15 | |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
| Quote:
Glad you loved the WSO. I'm surprised more people didn't take advantage of it but it goes back to full price tomorrow. Yes, the 20% is suggestive and not a standard for my services. What I was trying to say is if you don't have at least 20% of the normal fees then don't expect to be taken seriously. (At least by me.) So if you have a project in mind and have 20% of the $25K then we can talk. ![]() -Ray Edwards | |
| | ||
| | |
| | #16 | |||
| ConsultingTycoon.com War Room Member Join Date: Apr 2007 Location: Vaucluse, Australia.
Posts: 2,343
Thanks: 98
Thanked 268 Times in 128 Posts
|
Of course in 99% of cases here are the obvious problems... They don't. Quote:
They don't. Quote:
Quote:
![]() I know where you're coming from with this post but I think it just encourages people to hassle more copywriters to work on performance. The thing is, anyone who can market a product effectively generally has money in the bank and knows the value of a copywriter. | |||
| Thought About Offline Consulting? Fiona - $5,500 + $600/m 1st Week... Anthony - $7k + $594/m... Liz - $12k 1st Month... Rob - $7k + $800/ 1st Month... Scott - $45,000 in 3m... 20/yo Jock 6-Figure Client 2nd Month Don't you deserve the same unfair advantage? | ||||
| | |
| | #17 | |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
| Quote:
Your last paragraph contradicted everything you said. If they DON'T meet the qualification, as you claimed, how could this encourage them to hassle copywriters? You said that 99% don't meet the qualification so shouldn't my post do the opposite of what you are claiming? Hmmm ... -Ray Edwards | |
| | ||
| | |
| | #18 |
| ConsultingTycoon.com War Room Member Join Date: Apr 2007 Location: Vaucluse, Australia.
Posts: 2,343
Thanks: 98
Thanked 268 Times in 128 Posts
|
If people were logical, rational beings... then yes. But we both know that's not the case. Of the 5 "what to do's", 4 can easily be faked/fudged/forged or are just common sense. And the other one, having 20% cash up front, is ALWAYS the stickler -- I'm sure we've all seen how they try and negotiate their way out of that one. So now, in their mind at least, they have 4/5 and a "strong" negotiating tactic for the 5th. I would be SHOCKED if this post didn't get more marketers trying to get more copywriters to write on performance. The bottom line is in most cases marketers who want performance-based deals, and copywriters who need to take them, neither of them can pull off their end of the deal. It's lose - lose. |
| Thought About Offline Consulting? Fiona - $5,500 + $600/m 1st Week... Anthony - $7k + $594/m... Liz - $12k 1st Month... Rob - $7k + $800/ 1st Month... Scott - $45,000 in 3m... 20/yo Jock 6-Figure Client 2nd Month Don't you deserve the same unfair advantage? | |
| | |
| | #19 |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
|
Well, I don't hold the same view as you on performance work. It's not the ideal, but it's not the worst case either. I've had clients who had more product than money and those deals paid me multiple thousands of dollars. -Ray Edwards |
| | |
| | |
| | #20 | |
| Advanced Warrior War Room Member Join Date: May 2006 Location: , , Canada.
Posts: 681
Thanks: 54
Thanked 28 Times in 27 Posts
| Quote:
so your wrong on that count. Of course you have to be a copywriter that believes he can pull it off. | |
| | |
| | #21 | |
| ConsultingTycoon.com War Room Member Join Date: Apr 2007 Location: Vaucluse, Australia.
Posts: 2,343
Thanks: 98
Thanked 268 Times in 128 Posts
| Quote:
I've done performance work in the past and profited greatly. But I've spoken with many up-n-coming copywriters and 99% of the performance-based deals people offer them are just plain bad. The "you have to be a copywriter that believes he can pull it off" is an argument marketers use all the time. Problem is, copy comes third on the list behind list and offer -- and THIS is where most of the problems are | |
| Thought About Offline Consulting? Fiona - $5,500 + $600/m 1st Week... Anthony - $7k + $594/m... Liz - $12k 1st Month... Rob - $7k + $800/ 1st Month... Scott - $45,000 in 3m... 20/yo Jock 6-Figure Client 2nd Month Don't you deserve the same unfair advantage? | ||
| | |
| | #22 |
| Snow In The Alps War Room Member Join Date: Sep 2002 Location: Bismarck
Posts: 468
Thanks: 79
Thanked 68 Times in 41 Posts
|
I completely understand where you are coming from with your OP Ray, I really do. I tend to lean heavily in agreement with what Kyle is trying to articulate. The reason being, is the marketing savvy both of you possess. Ray, your savvy guides you through the process of even considering a 'pay for performance' opportunity. By this I mean you will know just how far you are willing to proceed with any person and their offer at any given moment through the process. Kyle's savvy steers him clear from the 'get go.' He just isn't going to entertain the idea of 'pay by performance.' Where I agree with Kyle, it's on two counts really...first is the 99% statement of Kyle's, he's right. Second, his comment, "I would be SHOCKED if this post didn't get more marketers trying to get more copywriters to write on performance," takes just 1 marketer to fulfill the comment. It doesn't make sense to go the pay for performance route when 'time = money,' particularly considering there are enough cash in hand people now needing work completed. Again, I understand you are offering a potential carrot for the cash strapped marketer and that is cool. I just disagree with your approach since most everything boils down to the marketing experience of the individual. Even paid copy jobs can bit you in the backside if the marketer blames your copy over their failure in marketing ability...this happens frequently enough. If a person is broke, and marketing is their hopeful endeavor, the better skill would be their learning copywriting rather than deal making. IMHO ![]() Doug |
| | |
| | #23 |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
| |
| | |
| | |
| | #24 | ||
| Snow In The Alps War Room Member Join Date: Sep 2002 Location: Bismarck
Posts: 468
Thanks: 79
Thanked 68 Times in 41 Posts
| Quote:
I believe a savvy copywriter could quickly discern whether or not they wanted to proceed given the chance to review the actual product. Regards, Doug Quote:
| ||
| | |||
| | |
| | #25 |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
|
OK, I could see how that last paragraph could be interpreted as thus, but if you read all my articles you'll see I end all of them on that positive note of "all the best using this information". It's not particular to this post. -Ray Edwards |
| | |
| | |
| | #26 |
| Active Warrior Join Date: Apr 2009 Location: India
Posts: 59
Thanks: 10
Thanked 4 Times in 4 Posts
|
Basically what this has amounted to is that if you are a first time marketeer with no money to spare, write the copy yourself. If you are not a first time marketeer and can produce 50% of the amount required you may be able to get a copywriter interested in a transparent split deal. This leaves the question as to the basis on which copywriters charge? |
| | |
| | |
| | #27 | |
| Snow In The Alps War Room Member Join Date: Sep 2002 Location: Bismarck
Posts: 468
Thanks: 79
Thanked 68 Times in 41 Posts
| Quote:
I pay particular attention to your 'stuff' Ray, not just for your quality but also because of the spirit in your intent...I believe that to be genuine toward helping others at all times. Please keep at it! All the best, Doug | |
| | |
| | #28 | |
| Marketing Strategist War Room Member Join Date: Jan 2003 Location: Punta Gorda, FL, USA.
Posts: 3,242
Thanks: 149
Thanked 1,130 Times in 500 Posts
| Quote:
Thanks for pointing that out. I try my best to give back and help as much people as possible. I'm not always successful but I keep on trying anyway. ![]() -Ray Edwards | |
| | ||
| | |
![]() |
|
| Tags |
| broke, copywriter, good, pitch, product |
| Thread Tools | |
| |
![]() |