How Starting Your Own 'Country Club' Can Skyrocket Your Revenues!
My mom was visiting recently and during our mother-daughter shopping time I noticed something interesting. Almost all of the stores I made a purchase at asked me if I'd like to get on their mailing list. That's very smart.
However, the WAY in which they did this made a big difference in my answer. I said NO to almost all of them because they simply did not make it enticing for me. I mean, who WANTS more junk mail? So if you simply ask me if I'd like to be on your mailing list, the answer will usually be NO.
But one store in particular got me. First of all, it was a designer clothing store I loved. Second of all, they didn't ask me if I wanted to be on their mailing list. They invited me to become a "VIP Client".
Say the words "VIP" to me and my ears perk up. It of course stands for "very important person". And in general it indicates a level of advantage and prestige. Suddenly I WANTED to be on that mailing list, especially when the salesman explained to me it came with certain benefits, such as early notice on new arrivals, a personal shopping service, and private trunk shows.
And you know what? I would have even paid to be part of that - to be regarded as a VIP.
You see, people WANT to be part of something special like ezine advertising. The example above was free. But don't underestimate how much your clients or customers will PAY to do that, either.
Example: A friend of mine recently shared he pays $15,000.00 a year to belong to the President's Club of a local playhouse, even though he and his wife could attend each show there for just $150.00. Why would even a loyal attendee want to pay 100 times more? Special treatment like preferred seating, valet parking, invites to VIP functions, private restaurant for members only, networking with a higher level of people, etc.
Another friend of mine pays for membership at a private nightclub here in Los Angeles up on Sunset Blvd. for many of the same reasons (but more so, I believe, because it impresses his dates ; )).
My marketing mentor Dan Kennedy taught me there is a segment of virtually EVERY customer or client group or market who will happily pay FAR above standard prices for convenience, status, and special treatment.
I call it "country clubbing" your business. Why be the driving range with an hourly charge when you can be the classy six-figure membership club down the street? You can offer both of course, but look at what will skyrocket your business FASTER, with less transactions and higher quality clients.
One example of this is my private Platinum Mastermind program, which I launched in 2006 due to overwhelming demand for my personal coaching. This group of 15 serious small business owners each pay $15,000.00 a year to have greater access to me than anyone else, and in a small group setting where we meet 3 times a year at luxurious 4- and 5-star hotels and resorts.
My Platinums are, essentially, VIPs in my world! And because I maintain a bit of mystique about the group, people seem to want "in" even more. (One of my members got cornered in the ladies room at my last Online Success Blueprint Workshop by several attendees who demanded to know how they could get into Platinum!)
I share this not to impress you, but to impress upon you that in YOUR market (yes, *yours*) there IS a percentage of folks who will gladly pay MORE - much more - for a higher level of service or treatment. Remember, you're not trying to please EVERYBODY, just the select few who can afford that level of service.
So now, take a minute or two and consider how YOU can start your own "country club" for your clients and customers. Whether it's a VIP level of service or a private client group that meets a few times a year.
To get your wheels turning, imagine this... if you can get 10 people to commit to some type of program that is just $10,000.00 a year, that's an extra $100,000.00 this year for YOU!
Timothy Eller
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Comments
Thanks Terri!
Excellent post and a great idea Timothy. Shared via Syndication Automation and Google plus.