When you first become a personal trainer it’s difficult to grasp that you really need to be an effective marketer to turn this into a career path rather than a hobby. It has taken me a long time to really understand what it means to be a marketer. Lucky for you I tend to be a little stubborn and seem to learn slower so by continuing to read and attend Profitable Personal Trainer events you will learn and progress much faster than I have.
Today let’s discuss one of the main differences of advertising or promoting your business and marketing your business. Many personal trainers (and for that matter small businesses) typically advertise or promote with what I refer to as the dart board method. Let’s try this haphazard idea and see what happens, it either succeeds or fails which determines whether they do it again or if they move on to generate a new idea.
Now if you are marketing your business the process is different, it’s methodical, it’s a system and it removes a great deal of emotion in evaluation of the results. It may start with the same idea, but the application is never haphazard, it’s calculated, focused, systemized and includes a series of events rather than just one event. Let me try to explain.
Let’s say your latest offer is a 21 day boot camp program. Many trainers might look at this and say, “I normally charge $200 I’m going to offer this for $150, that’s a great deal.” Truth is no one will care; there are deals available every day. Let’s say you run it anyways and happen to sign up 5 people and they love your program and all of them stay with you after at $200/month. You just generated $1000/month more in sales, seems successful right?
An astute marketer would make this same offer with a series of events that will greatly out perform the above offer, watch what happens. (To make it even more interesting this trainer is only going to keep 80% of the people that take advantage.)
Initially they offer the same 21 Day program for free, but only for the first 8 people. It should be easier to attract the 8 as it’s now entirely free. So no money up front but they will keep 6 which now produces $1200/month after the initial 3 weeks.
The program doesn’t stop there a subsequent ad or offer is released saying, “Last week we offered you a 21 day program free but only had room for 8 people, these spots were filled quickly. We are going to open up a new time slot making room for 6 more people at $87.” (This ad would be run whether they did recruit the 8 or not, the point is to motivate people to action by using an event, scarcity, deadline, consequence.)
This offer is still far less than the competitor trainer, and because of the use of scarcity in the first and second offer the people that were thinking about it last week are now pushed further to action because they are worried they will even miss out further. By recruiting 6 more people this trainer just added $522 in immediate sales and another 5 people per month or another $1000/month. Would you rather have $1000 up front and $1000/month or $522 upfront and $2200/month?
Depending on the continual response rate the marketer continues to squeeze customers from the prospect funnel with subsequent offers in a continual format. This is the difference between what most trainers do and what you should do. Each promotion should be a targeted series of events with an expectation for an outcome. Each offer needs to be extremely high value, use emotional language and provide deadlines and scarcity to push to action. But at the centre of all of this is a system, marketing your business once again requires systems. When it’s a complete system it’s never a failure because you can eliminate emotion and evaluate each response by the real facts and results. From there each new offer is just another version of this system; soon you will find yourself easily out promoting, out branding and out performing all of your competitors in a fraction of the time. The proof is in the pudding using these very tactics we’ve recently grown our studio’s monthly EFT by double digits during the worst months of the year for our industry and in a “poor” economy.
So are you going to continue to advertise or start marketing?