I Can't Believe This!

6 replies
Recently I have received quite a few sales pitches from well-known marketers along the theme of

"I can't believe that XYZ is giving away his $xxx product for free!"

Followed by an affiliate link, which leads to an upsell, etc.

Not knocking the pitch, I'm sure it works for some people but when a top marketer uses it more than once I think it makes them sound really dumb, or they think their list is dumb.

"You're making $2 million dollars a year from free list bait yet you don't understand why other marketers are doing it? Maybe I'd better unsubscribe and find somebody who isn't so dumb."

I think it's important to distinguish between pitches that work, but erode your reputation and pitches that work and make you look smart.

Just another headline that's NOT going in my swipe file.

Martin
  • Profile picture of the author Tracey_Meagher
    I agree, when you see the same pitch over and over it becomes meaningless. I guess when something has worked for somebody they just stick with it in blind ignorance of those who are growing more and more indifferent to it.

    Is there a way to measure how effective a pitch is over time? I'm sure the big gurus guys must know how to do that?
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    • Profile picture of the author Martin Luxton
      Tracey,

      I think the difficulty lies in how to measure your reputation. You can measure conversions and sales.

      If a pitch becomes less effective financially, is it because it's lost its impact or because you have lost credibility?

      We all talk about BS meters that warn us about other people, but it's equally important to test what you say yourself for BS.

      Maybe we should take a leaf out of the book of the Ancient Romans and pay someone to follow us chanting "momento mori"

      Martin
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      • Profile picture of the author ExRat
        Hi Martin,

        Devil's advocate here.

        Are these 'churn 'n burn' marketers?

        I think the difficulty lies in how to measure your reputation. You can measure conversions and sales.

        If a pitch becomes less effective financially, is it because it's lost its impact or because you have lost credibility?
        What if reputation is the one factor they are willing to sacrifice on the basis that they know that the new prospects won't be affected by it, because it's unlikely that even if a majority of their less new prospects/customers slag them off, it makes no difference? Example at hand - even though you have explained that it looks dumb here, the effect is null and void, as due to obvious reasons, they can't be named.

        So they have no need to measure reputation, because they know it will plummet as people get jaded by their tactics - it's a sacrificial lamb.

        Therefore the pitch doesn't lose effectiveness because the only demographic that matters is newer prospects, with the rest being pitched to 'just in case'. Often, marketers will use tactics like 'if you didn't like that, just unsubscribe' messages sent to certain subsets of the list that they want to unsubscribe, because they don't buy and have seen through the tactics.

        The tactic is still just as effective on those at the start of the funnel. And knowing that as they travel further down the funnel and become expendable, it allows the marketer to hit them really hard at the sweet spot, because it doesn't matter about reputation - it's sacrificed. Therefore all energy is focused on maximising the sweet spot.

        Isn't this the reason for so many comments we see about hard pitches? Is it because there are (viewed from a certain basic level) two basic approaches -

        a) reputation builder

        b) churn 'n burn

        If 95% or more fail online, then perhaps b) is not so crazy after all. Add to this the fact that many reputation builders claim that regardless of how hard they try, they are 'damned if you do, damned if you don't' due to the nature of the market and when someone fails due to laziness or procrastination, even with an adequate blueprint at hand, they look for someone exterior to blame - IE - the marketer who sold them a blueprint that 'doesn't work'.

        So logically, if they are b) then they aren't going to spend time tweaking pitches in order to avoid making the older prospects think they are dumb, they will instead spend that time copying, tweaking and testing anything they can swipe from others that seems to be working at that point in time on the 'sweet spot' for maximum revenue at that point in the cycle, would they not?

        Overall, perhaps they are not (as a priority) looking at the life-cycle of a prospect from start>unsubscribe in terms of how to maximise revenue throughout the life-time of the relationship, they are honing in on a certain period early on and maximising revenue in a variety of different ways - affiliate promo/promo of their own stuff/upsells/OTOs - then re-imbursement for farming them out in list swaps once they start the 'jading' process.

        when a top marketer uses it more than once I think it makes them sound really dumb, or they think their list is dumb.
        What percentage of their list reads/receives every email, like you may have done? If it's a small percentage, they might be banking on 'damage done to subscriber base is worth the profit made' by repeating an obvious lie.

        I totally understand your point, but I'm attempting to give a logical answer to the question posed - we should not assume that every list builder is a reputation builder. It's natural to focus on the damage to reputation, but we need to consider how much damage is actually done and also that regardless of bad rep, if you have an army of affiliates only interested in getting paid, they tend to continue to say nice things as long as they keep getting paid.

        D.A.
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        Roger Davis

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        • Profile picture of the author Martin Luxton
          Roger,

          Point taken.

          To me, reputation is very important, so I'm arguing from that standpoint.

          I realise that, to many people, I also look dumb for thinking that way, and it has caused me many difficulties. But, in the end that's who I am. I choose to "leave money on the table" because I don't want the associated cost.

          On the other hand, reputation can, and does sell. There are marketers whose stuff I buy without bothering to read the sales page. And some who used to be on that list who got careless with their reputation and now I wouldn't touch them with a barge pole, advising other people to steer clear of them as well.

          Martin
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          • Profile picture of the author rlpruitt
            Originally Posted by Martin Luxton View Post

            And some who used to be on that list who got careless with their reputation and now I wouldn't touch them with a barge pole...
            Unfortunately, there are enough people who are either unwilling or unable to include reputation and integrity in the business and personal relationships that folks with less-than-stellar reputations can - and will continue to - rake in the cash.

            Ralph
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            Tell me if I'm dumb, stupid, or just feakin' out of my mind!
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  • Profile picture of the author artwebster
    I suppose this is now as common as the 'give away'. People forget that headlines are used as resources by marketers and if they see one that seems to be working, they copy it. The trouble is that the quality of the people doing the copying does not enhance the value of the headline.
    Signature

    You might not like what I say - but I believe it.
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    Some old school smarts would help - and here's to Rob Toth for his help. Bloody good stuff, even the freebies!

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