Latest / The SmallBizChat with Melinda Emerson / Creating a Marketing Engine with John Jantsch
Transcript
- 0:00Quite often they're investing in themselves.
- 0:02You can imagine thinking about people not becoming customers, but actually joining your
- 0:06business Now I'm not talking about membership and subscription and Costco.
- 0:10I mean, those are all great business models.
- 0:12It's really more about a point of view of how we see what our role is.
- 0:16What if we looked at every one of our engagements and said, how can we make our
- 0:20customers successful?
- 0:22I think that would be more like a membership organization.
- 0:27Hi.
- 0:28This is Melinda Emerson, the small biz lady host of the small Bizchett podcast.
- 0:31I want to serve you.
- 0:33This pandemic has been so hard on America's small businesses and on just America in
- 0:38general.
- 0:39If you're ready to start your dream business, boy, do I have a great offer for you?
- 0:43I am giving away 1000 copies of my best selling book, become your own boss in 12 months.
- 0:49Over a hundred thousand people have this book is been printed in multiple languages around
- 0:54the world, and I wanted to find a way to serve America's small businesses in this pandemic.
- 0:59And so I am giving away a 1000 copies of my book.
- 1:03All you have to do to get your copy is head over to beginmybiz.com/ free offer to, you
- 1:10know, sign up for your copy.
- 1:11All you have to do is pay shipping, and we will mail one out to you.
- 1:15I am so excited about this.
- 1:17I wanna serve you, grab your copy today.
- 1:20Lift off.
- 1:22Ending small business failure.
- 1:24Welcome to the small biz chat podcast with a number 1 small business expert, Melinda
- 1:30Emerson.
- 1:31Melinda's goal is to end small business failure, and she'll give you the information
- 1:35you need succeed and live the life you dream of.
- 1:39Now here's the small biz lady herself.
- 1:42Melinda Everson.
- 1:45Everybody.
- 1:46I'm Melinda Emerson, small biz lady, and I wanna welcome you to small biz chat live.
- 1:52I'm America's number 1 small business expert And I'm so excited to be here with you tonight
- 1:57because I have an amazing show in store.
- 2:00The smallbiz chat podcast is a peer to peer interview show.
- 2:04That gives small business owners a way to get invaluable insight and expert advice.
- 2:10The mission of small business chat is to end small business failure.
- 2:14Our goal is to give you small business advice and an opportunity to just hear from season
- 2:21experts who are gonna give you all of their secrets to business success so that you can
- 2:26take your small business to the next level.
- 2:29Alright.
- 2:29It's time for me to introduce my guest, Mister John Jance.
- 2:33He's a marketing consultant, speaker, and author of duct tape marketing.
- 2:37The referral engine, the self reliant entrepreneur, and his latest book is the
- 2:43ultimate marketing engine.
- 2:45He's also the founder of the duct tape marketing consulting network, which trains and
- 2:49licenses independent consultants and agencies to use his duct tape methodology.
- 2:54For more information, you can go to the ultimate marketing engine dot com.
- 2:59John, welcome to the small business chat podcast.
- 3:03Hey, Melinda.
- 3:03Thanks for having me.
- 3:04Great to be here.
- 3:05Of course.
- 3:06Of course.
- 3:07Now listen, marketing has gotten really complicated.
- 3:11Especially since the pandemic.
- 3:13Is it just all about online selling these days?
- 3:16Well, you know, there's no question.
- 3:18Our online presence and all the digital channels have become extremely important, but I
- 3:23would say no.
- 3:24It's not just all about that.
- 3:26There are a lot of great avenues that that we can reach broader audiences, we can go directly
- 3:31to, consumers where they live, but that old fashioned, you know, events going to networking
- 3:38events, going to trade shows, doing things in your community, you know, still still very
- 3:44important.
- 3:44We we can use a lot of these tools to the the online tools to supplement a lot of our face to
- 3:49face interaction as well.
- 3:51And of there are a lot of opportunities for people to start completely online businesses,
- 3:56as well, but certainly marketing really hasn't changed that much.
- 3:59We we we are charged with getting people who have some sort of a need to to trust us enough
- 4:05to give us money wherever that happens to be.
- 4:08I I completely agree with you.
- 4:10Now you started your career as the duct tape marketer.
- 4:14I remember when your first book came out, Now your brand has evolved, and you've got a new
- 4:18book called The Ultimate Marketing Engine, the 5 steps to Ultimate Growth.
- 4:24Alright, John.
- 4:25Give me the 5 steps.
- 4:26What are they?
- 4:27Well, so so I'm still the duct tape marketer and really the the in a way, a lot of ways,
- 4:31this new book is a bit of an evolution of, you know, my thinking about marketing because
- 4:36marketing's evolved, you know, in the last decade.
- 4:38So I wanted to capture a lot of that under the new brand of the marketing engine.
- 4:43So those 5 steps, and I and, obviously, we could spend more time than we have, you know,
- 4:46unpacking each step.
- 4:47So I'll go through them pretty quickly.
- 4:49You know, the first one is to map where your customers are today and where they want to go.
- 4:55I've created something I call the customer success track, which is really a way I think
- 4:59for you to look at, instead of just looking at our customers for transactions, really looking
- 5:05at the transformations that that they really are looking for in their lives.
- 5:09And we we can actually grow with them, mature with them, and keep them for life.
- 5:13The second one is to uncover the real problem.
- 5:16That our business solves.
- 5:17Nobody wants what we sell.
- 5:18They want their problems solved.
- 5:19And we have to understand what that problem is so that we can then address it and let them
- 5:23know.
- 5:24Hey.
- 5:24Get you.
- 5:24I understand what your challenges are.
- 5:27The third one, probably the hardest for some people to hear is I ask people to narrow the
- 5:31focus to the top 20% of their customers.
- 5:35Now there's there's a lot of great math and a lot of great philosophy around why 20%, but
- 5:40really what I've seen over the years is that most people's pro most profitable customers are
- 5:46somewhere in that 20% range.
- 5:48Now the 4 step and this is if I get any 2 star reviews at all, Melinda, for this book, which,
- 5:54you know, they're out there.
- 5:56The it'll be because I waited till chapter or 8 to tell people how to use their website and
- 6:00content and social media and email marketing because all of these other steps ahead of those
- 6:05are so important so that those tactics can be can can actually be useful.
- 6:09And then the last one is scale with your customers, by serving their entire ecosystem.
- 6:15And this is essentially a master class in referral generation.
- 6:19I present 7 different approaches to how you should look at your existing customer base
- 6:24their ecosystem to actually grow with them as opposed to going out and constantly looking for
- 6:30new people like them.
- 6:32I love it.
- 6:32I love it.
- 6:33Alright.
- 6:33So you gave us the cliff notes, but now I wanna dive in.
- 6:37So how do you attract your ideal customer?
- 6:40Well, at the risk of sounding facetious, you have to know who they are.
- 6:44You have to know what an ideal customer looks like.
- 6:47And and for me, you know, as I already mentioned the idea of your most profitable
- 6:51customers, the ones that already refer business to you.
- 6:54If you can understand everything there is to understand about obviously, the demographics of
- 6:59those folks, but also their behaviors, their beliefs.
- 7:01You know, that's probably the group you should be looking for more of.
- 7:05And one final filter I'll give you is Look at your current customer base and ask yourself,
- 7:10who do I provide the most value to the fastest?
- 7:14Because there is a really good chance that that is your ideal customer because they wanna buy
- 7:19more from you because you're providing so much value.
- 7:23I I love that.
- 7:24Find out who you provide value to the fastest.
- 7:29And that's really that.
- 7:30That's who your niche target customer is.
- 7:32I I love that.
- 7:34Alright.
- 7:34Now in your book, you say instead of calling customers, customers that we should in fact
- 7:39call them members.
- 7:41Well, it's really more of I don't care what you call them, actually.
- 7:44It's really more a matter of a point of view, how you view them.
- 7:48You know, a customer buys stuff from us.
- 7:50A customer, you know, we try to satisfy.
- 7:52But when somebody joins something as a member, quite often they're investing in themselves.
- 7:57Can you imagine thinking about people not becoming customers, but actually joining your
- 8:02business Now I'm not talking about membership and subscription and Costco.
- 8:06I mean, those are all great business models.
- 8:08It's really more about a point of view of how we see what our role is.
- 8:12I I start the book, the ultimate marketing engine.
- 8:15I think it's paragraph 2 sentence 3 or something like that.
- 8:18That the ultimate marketing engine is a successful customer.
- 8:21So what if we looked at every one of our engagements and said, how can we make our
- 8:25customers successful.
- 8:26I think that would be more like a membership, organization.
- 8:31I love it.
- 8:32I love it.
- 8:32Now I know that you somewhat infatically claim that people don't want to they don't want what
- 8:40we sell that really isn't the point of marketing.
- 8:43So what is the point of So
- 8:45so so, you know, they need what we sell.
- 8:48That's the challenge, of course.
- 8:50So that's what everybody wants to talk about.
- 8:51You need this.
- 8:52But what they really want is their problem solved.
- 8:54I mean, I I essentially sell marketing strategy.
- 8:57Nobody ever wakes up in the morning and says, I think I need I think I'm gonna go get me some
- 9:01marketing strategy.
- 9:02But they but they do wake up, of course, and say, how come I can't charge what I'm worth or
- 9:08what I think I'm worth?
- 9:09Or how come when I look at Google My top 3 competitors are in that 3 pack or map pack, and
- 9:14I'm not.
- 9:15I mean, those are the problems they really are trying to solve.
- 9:18So if we can let them know that we understand those problems, we get those problems, then we
- 9:24could start linking what we provide.
- 9:27Our services to solving those problems.
- 9:29And that's really how you get, and that customer's attention, early on.
- 9:34Instead of talking about what we do, how long we've been in business, talk about the problems
- 9:39that we can help them solve.
- 9:42I like that.
- 9:43I'm I like how you're you're thinking about that.
- 9:46Now I wanna switch gears with you just a little bit because I would be remiss if we didn't
- 9:50acknowledge that there's still small businesses out here trying to dig out from the panic.
- 9:55Right?
- 9:55I mean, we lost a 100,000 small business owners, you know, and and 20% of those were
- 10:02women, 50% of those were people's color Right?
- 10:05So there are people who are still trying to, like, make their digital pivot or or figure out
- 10:11their new business model And so I I know that you talk about in your book how sometimes
- 10:17growth can come from good ties, but then different kinds of growth comes from tough
- 10:24times.
- 10:24And I and I kinda wanted to to talk to you about that because I there are some people that
- 10:29definitely won last year.
- 10:30There are a whole lot of people who didn't.
- 10:32And so I think, you know, for my fans, I just wanna make sure that that that we dig into some
- 10:37of that stuff too.
- 10:39Well, one of the things that that I certainly witnessed, with my customers was that, you
- 10:44know, the the some people were just in the wrong place at the wrong time.
- 10:47You know, let's face it.
- 10:48They were in a tough industry, but I also saw a lot of my customers that not only survived, but
- 10:53they really thrived.
- 10:54And kind of a common thread was that they had spent years becoming meaningful in the lives of
- 11:01their I mean, their customers did not want them to go out of business.
- 11:04We we added a remodeling contractor that, you know, pretty much quit all their projects one
- 11:08time.
- 11:09I've told all their employees, you know, don't come in on Monday.
- 11:11And the emails that flooded in from both customers and employees were like, hey.
- 11:15You're doing the right thing.
- 11:17We're with you.
- 11:18We'll be here.
- 11:19One gentleman wanted to pay in advance for his his project, you know, whenever you could get
- 11:23to it.
- 11:24And and and I think it just shown such a bright light on that that idea that, you know, I mean,
- 11:28it's always been true.
- 11:29But maybe we've gotten away from that a little bit of of being important in the lives of our
- 11:33customers.
- 11:35Now I do think that one of the positives, I suppose, that has really come out of the last
- 11:40year or so is that, you know, one of the one of the real challenges to growth is being
- 11:46comfortable.
- 11:47And and a lot of what happened we saw over the last, you know, year, 18 months where a lot of
- 11:52people were shaken out of their mediocrity were shaken out of their comfort zone, and really
- 11:57had had their back against the wall.
- 11:59And I think that in many cases, when that happens, that's when you see some of the
- 12:02greatest innovation That's when you see that entrepreneurial spirit of your gosh darn it.
- 12:07Let's figure it out.
- 12:08Let let's keep moving.
- 12:09So I I do think that, you know, I don't have any any magical answer for what people that are
- 12:15hurting, you know, need to do today.
- 12:17But I think that that there is a real opportunity right now because people have never
- 12:22been more open to change.
- 12:23People have been dislodged.
- 12:25They've been run run out of their routines.
- 12:27They've maybe lost their favorite suppliers or vendors in some cases.
- 12:31So, you know, there's some real opportunity to go grab business today if you're willing to
- 12:35hustle.
- 12:36I love it.
- 12:36I love it.
- 12:37Well, listen.
- 12:38I've been talking with marketing expert, John Jant.
- 12:40Stay with us.
- 12:41We will be right back.
- 12:48People always ask me, how can I become my own boss?
- 12:52With multiple features in the New York Times Forbes on ABC News, as America's number one
- 12:57small business expert, I know a thing or 2 about how to do it.
- 13:01Hi.
- 13:02I'm Melinda Emerson's small biz lady.
- 13:04And I've been coaching small business owners since 2008.
- 13:08That's right.
- 13:09I've been helping small business owners plan for success since the last recession.
- 13:13And I'm still here reaching over 3,000,000 small business owners a week online.
- 13:17I've spent the last 12 years compiling exactly what I did to become my own boss.
- 13:23I even broke it down into a 6 step system, and my best selling book become your own boss in 12
- 13:29months.
- 13:29Over a hundred thousand people in multiple languages around the world have this book.
- 13:33And due to the pandemic, I know people need help.
- 13:37If you're ready to transition successfully from being an employee into your own business, I'm
- 13:43here to help.
- 13:44I'm giving away one 1000 copies of becoming your own boss in 12 months for free.
- 13:50All you need to do is pay for shipping.
- 13:52That's right.
- 13:53I'm giving away a 1000 copies for free.
- 13:57If you've always wanted to start your dream business, let me give you a road map to
- 14:01success.
- 14:02This offer will only be available while supplies last.
- 14:06And when they're gone, they're gone.
- 14:09Click on the button to grab your copy today.
- 14:13Welcome back to the small biz chat podcast live.
- 14:16I'm Melinda Emerson Small Bus lady.
- 14:17America's number 1 small business expert.
- 14:19And I'm back here with my guest, John Jantz, and we're talking about all things marketing.
- 14:25Alright, John.
- 14:26So I know that we were just talking about tough times.
- 14:28There's a good times, but here's my question for you.
- 14:31Can any business build a marketing engine?
- 14:36Yeah.
- 14:36I mean, I I believe absolutely.
- 14:38Mean, I think any business that really is going to grow and scale and thrive, that's probably
- 14:42going to be one of the significant aspects of it.
- 14:47However, how you do it, one of the things that I think is probably really challenging for many
- 14:52businesses today is that there's all these channels.
- 14:55There's all these places people talk about we need to be.
- 14:57There's all these formats of our content in every social media platform.
- 15:01And I think that what happens is, people get very, very scattered, and they try to be all
- 15:07places.
- 15:07And one of the real keys to understanding, you know, how to build a marketing engine or really
- 15:13how to scale it all or create any growth is to figure out what you're really good at, figure
- 15:18out your value that you bring to some select, element of the market and then go very deep.
- 15:25Pick a channel where they hang out and go very deep there commit to that stay focused.
- 15:30You know, don't don't try to, you know, flip here, flip there, you know, really having a a a
- 15:36a real good idea of who your ideal customer is and what it is that you do that that nobody
- 15:41else does, what your value, what your differentiation is, really allows you to decide
- 15:46what not to do as much as what to do.
- 15:49And I think that that's, you know, it may not be the magic answer, but but that's really
- 15:53where you have to start.
- 15:55Start simple, master one channel, and then add another one.
- 15:58Don't try to do it all.
- 15:59I couldn't agree more.
- 16:00People are out here trying to do 5 and 6 social media channels, and it just doesn't sense.
- 16:04You, 1st of all, you need to look at your Google Analytics and see what actually is
- 16:08driving traffic to your website.
- 16:09And then you gotta figure out where your target customers hanging out online, and you need to
- 16:14be there too.
- 16:14People are wasting time doing TikTok.
- 16:17If your fans are not if your potential clients are not on TikTok, you do not need to be
- 16:21on if you can't dance.
- 16:23I mean
- 16:24Exactly.
- 16:25Exactly.
- 16:26So so now you mentioned earlier that you wanna be in a position to scale with your customers.
- 16:33Talk to us about how do you how do you position yourself to scale with your customers?
- 16:38Well, so so that's actually the 5th step in the book.
- 16:40And if you follow the first step in the book, which is really to understand where your
- 16:44customers are today and where they wanna go.
- 16:46You know, I talked about the idea that the ultimate market engine engine is a successful
- 16:50customer, but you can't make every customer success So you figure out that top 20%, and you
- 16:56probably are do, you know, they're profitable.
- 16:58They love you.
- 16:59They refer you.
- 17:00They're probably dying for you to say, here's what else I can do for you.
- 17:04So the first step is to really just focus on and discover how can you do add more value to
- 17:09their How can you help them get to the next stage?
- 17:12That group is certainly going to be a group that is going to send people like them to you,
- 17:17more ideal customers, you can certainly take that group.
- 17:22And, you know, we've quite often, worked with other professionals who work with our clients.
- 17:27And, ultimately, together, kind of synchronized to bring even more value to our clients, and we
- 17:32all then become a little referral network around our client And then, you know, don't
- 17:37forget strategic partners.
- 17:38People who are noncompeting businesses of yours that serve your ideal customer as well.
- 17:43A good customer might have 3 or 4 referrals.
- 17:46But the right strategic partner that you might meet through your customers could have a
- 17:50hundred people that they could introduce you to.
- 17:52So there are many, many tactics, that under that umbrella, but it really starts with a
- 17:57point of view of let's grow with our best customers as opposed to going out and getting
- 18:02somebody else to, to trust us.
- 18:04What is the best business advice you've ever received?
- 18:08You know, I probably repeat it all the time, and that is to figure out what not to do.
- 18:14I have a do not do list as a as much as a to do list.
- 18:18Because and and some fashion of that is, you know, what I start my day every day with, I I
- 18:23still do a to do list.
- 18:24I've just done it for years.
- 18:25But the top of my to do list, I I call highlights.
- 18:28And there's 1 or 2 things on there that I don't do anything else till I get that done, and that
- 18:32really kinda came from that don't do list.
- 18:36What is your favorite business app?
- 18:39Currently, it's slack.
- 18:40We use it instead of email internally.
- 18:43Alright, John.
- 18:43Favorite old school marketing tip.
- 18:45My favorite old school marketing tip is is to network, but don't network for clients.
- 18:50Network for people who can send you clients.
- 18:52And so go out and meet people, find a way to add value to them, and they're gonna wanna talk
- 18:57about you.
- 18:58Love it.
- 18:58Love it.
- 18:59Favorite business book you ever read.
- 19:01Favorite business book.
- 19:02The practice of management, which was written by Peter Drucker in 1956, is a very dry, the
- 19:09pronouns are way out of date, but it really informed my entire, body of work in my point of
- 19:15view, you know, going forward with duct tape marketing.
- 19:17Listen, thank you guys so much for coming on the small biz chat podcast.
- 19:22Thank you so much again to my guests.
- 19:24I'm Melinda Emerson, the small biz lady.
- 19:26Listen.
- 19:27If you're still struggling, fig figuring out how to sell online, head on over to
- 19:31smallbizladyuniversity.com, For the holidays, my signature course, how to sell and market
- 19:36online is discounted by 50%.
- 19:39Look, you're never gonna get it this cheap, so you better go get it now.
- 19:42From now to the end of November.
- 19:44We're gonna be offering it for 4 97.
- 19:46So head over to smallbizladyuniversity.com and check it out.
- 19:50With that, I always tell you that you never lose in business, either you win or you learn.
- 19:55Goodbye, everybody, and god bless.
- 19:59Thank you for listening to the Small Biz chat podcast with Melinda Emerson.
- 20:04For more resources and small business success strategies, visit succeed as your own boss.com.
- 20:11Subscribe to this podcast wherever you listen to podcasts and join us next Wednesday.