Business Lyceum

e-Letter
Practical Instruction in the Arts and Sciences of Making Money


Editor/Publisher:  J.F. (Jim) Straw

AUGUST 2008

Greetings & Salutations:

The late, great P.T. Barnum once said ...

"The great secret of success in anything is to get a hearing.  Half the object is gained when the audience is assembled."

Understandably, most of the  marketing gurus focus their efforts on teaching you how to "get a hearing" ... how to write dynamite headlines ... how to use "bullets" ... how to use envelope "teasers" ... how to grab the reader's Attention, spark their Interest, flame their Desire, and ask for Action.  But ...

They seem to overlook the fact that they are directing 100% of your effort toward only half the requisite formula.

Because ... as P.T. Barnum said ...

"Half the object is gained when the audience is assembled."

When the  marketing gurus finally ... if ever ... hit upon the subject of "assembling an audience," they focus on mailing-list selection, demographic profiling, and lead generation.  They either forget, or don't realize, that fully half the purpose of the ad-copy is to "assemble an audience."

Mailing-list selection, demographic profiling, and lead generation ... although easily confused with "assembling an audience" ... are really more in the realm of "defining" an audience.  Once an "audience" has been "defined," it still has to be "assembled" in order for your message to "get a hearing."

Actually, I think the marketing gurus really know about assembling an audience ... other than the mechanics of "defining" the possible customers ... but, it really is a rather difficult concept to teach. -- So, let me use an easier example to explain what I mean by "assembling an audience."

Here are three headlines for a "sales letter" about an up-coming Elvis concert ...

Attention: Rock & Roll Fans!

Attention:  ELVIS Fans!

ELVIS!!  Live!  In Concert!

It would appear that all three of those headlines would get Attention - but, which one of them would do the most to "assemble an audience."

Let's take a closer look ...

Attention: Rock & Roll Fans! -- "includes" everyone who considers themselves a "Rock & Roll Fan" - but - it "excludes" everyone and anyone who doesn't consider themselves a "fan."

The headline "defines" a general audience.  Attention-getting - but - whose attention?

Attention:  ELVIS Fans! -- "includes" only those who consider themselves to be "fans" of Elvis - but - it "excludes" anyone who really isn't a "fan."

The headline, again, "defines" an audience - but - this time it is only a very small segment of the potential audience.

Beyond that, both of those headlines might well turn-off some of its intended audience. -- Those people who might just enjoy some of the Rock & Roll music ... or some of Elvis' hits ... but, subconsciously, they don't want to label themselves, or be labeled, "fans."

ELVIS!!  Live!  In Concert! -- not only "includes" Rock & Roll Fans and Elvis Fans, it "includes" those people who have only heard about Elvis ... people who enjoy seeing any performer or entertainer "live" ... people who enjoy going to  concerts (of any kind) ... and people who like to socialize by attending public events - but - it would "exclude" only those who didn't share any of the above mentioned attributes.

The headline is "inclusive" enough to attract the attention of a huge audience ... with varying reasons to be interested ... and only "excludes" those who wouldn't be interested for any reason.

By the way, nobody in the entertainment field would write a "sales letter" to invite people to a live concert.  (Besides, Elvis has left the building.) -- I just used it as an example, in order for you to more easily understand the concept of "assembling an audience."

When I sit-down ... or stand-up, for that matter ... to write ad-copy for any kind of product or service, the first thing I do is "define" the audience from which my customers will come.

Sometimes, I use the "definition" of my chosen audience as the premise for my headline, bullets, and body-copy to "exclude" everyone else. -- Like a couple years ago, when I wrote an ad for an Air Purifier used in trucks, I used the headline, "Truck Drivers Stink!" -- Since the product was "specifically" being sold to Truck Drivers, I purposely "excluded" everyone else.

Other times, I use the "definition" of my chosen audience to "include"  everyone who might have even the slightest interest in the product or service ...  "excluding" only those who would have little or no interest at all. -- Like the lead-line I used for over 11 years to sell subscriptions to our "WorldWide Business Exchange" business opportunities newsletter, "If you have a few minutes, I'd like to tell you how I became a millionaire ... maybe it will help you in your business."  -- Using that lead-line "includes" anyone, and everyone, engaged in a business of their own ... and those people who might want to be.

Then again, I might use a "non-defining" headline that allows my audience to "define" itself ... like my "Self-Liquidating (Arbitrage) Loans" --   ... when I know there is an audience but I can't "define" that audience specifically. -- I simply let them "define" themselves.

Which ever method I use, my purpose is to "assemble an audience" ... an   audience who will, hopefully, include enough people who will applaud my performance ... send money ... to make my efforts profitable.

By the way, the "Truck Drivers Stink!" ad got a lot of comments ... good and bad, positive and negative ... but it didn't make any money because the product was over-priced (a point I brought to my client's attention before I wrote the ad).

So - no matter what the  marketing gurus might tell you - remember ...

Before your message can "get a hearing" it must FIRST "assemble an audience."

As I have said, over and over, "Ad-copywriting is more art than science." -- That's why all of us old  masters are right ... and all of us are wrong.


Turn an "old" product into a "new" product.

Make it "new," by changing its design, improving its quality, or adapting its uses. -- Then, it might be "revolutionary."

Back when I was in the Women's Wig Business, many of our customers had complained about the effects of static electricity on synthetic-fiber wigs.  -- Since the synthetic-fiber used to make wigs is only slightly different from nylon, the "hair" on the wigs would collect static electricity and either stand out in an uncontrollable frizz, or attract dust, bits of paper, and other light debris from the air.

When I received the first flyer offering "Anti-Static Wig Spray," I called and ordered a case ... even though no one in the industry had ever heard of the company offering this "revolutionary" new product. -- Later, talking with the  "inventor," I learned that his wife had told him about the static electricity problem she was having with her wigs.

At first, he had tried to find a way to "ground" the wigs, so they wouldn't collect static electricity. -- That didn't work. -- Then, he noticed a can of an anti-cling spray ... used to eliminate static-cling from clothing ... on the shelf at the store.  He took it home and sprayed it on his wife's wigs.  Voila ... no more static electricity problems.  So, he contacted the manufacturer and had the  anti-cling product private labeled as "Anti-Static Wig Spray."

The rest is history.  He made his fortune before everyone else in the business discovered anti-cling spray, and began having it private labeled to  reduce static electricity on synthetic-fiber wigs.

By the way, his "Anti-Static Wig Spray" ... in the same can as the anti-cling product but with his label ... sold for almost four times the price of the same product sold to eliminate static-cling from clothing.

Not a new product - but - a "new" idea.



Now, let's do some ...

Questions & Answers, Comments & Other Good Stuff!


Mark Siegel
offers a great marketing idea and tool ...

"I'm one of your loyal readers and always look forward to getting your stuff, and was wondering if you wouldn't mind sharing with my fellow Business Lyceum readers a very timely, win-win method to attract more customers to their businesses while helping those customers save at the pump? -- Leverage the high cost of fuel to drive more buying customers to you while helping them save 25% at the pump. -- Now, you can Give Away $100 ... $300 ... or $500 in Free Gas as an incentive to people just for sitting through your presentation, joining your membership, or purchasing your product or service.  Find out how Free Gas can turn your ho-hum advertising results into ad responses that Kick Butt. -- Get a copy of the free report that explains how to do it."

To get your personal copy of the free report, just send Mark an email with the subject "Free Gas Report."



Jack Payne tells me ...

"My novel, 'Six Hours Past Thursday' ... written for the layman (general public) ... has only been popular with lawyers, law profs, law schools, and law libraries.  Puzzlement.  Am in all the biggest law libraries with it:  Harvard, Yale, U. of Virginia, McGeorge, you name it.  One law librarian told me it is the ONLY work of fiction ever taken into their law library.  In a total of some 100 law libraries now--along with about 400 college and university libraries, and 500 public libraries--in the U.S. alone."

It is fiction - but - the reality of the devious minds of con-men is an education every business person should have. -- You can learn all about the book at - http://www.sixhrs.com - while you're there, you can read the first 2 chapters of the book by clicking on them in the right-hand column.  Since it's in so many law libraries, you know it can teach you to protect yourself from the con-men of today. -- BUT ...

Don't miss the further insights into the con-games of today at Jack's blog ...

http://www.legalthriller.blogspot.com

After you've read the first two chapters, you can buy your copy for your personal law library at Amazon. -- Just click on "Chapter III" in the right-hand column on the sales page.



Sue Thomas had this to say ...

"There are so many garbage products out on the Internet today so it was refreshing to find a new product that actually helps one make money instead of making the "gurus"  richer.  This gentleman has come out with several products over the last few years and each one has been able to truly help folks, newbies to techies.  In this day and age when it seems everyone wants to rip you off, I have found a breath of fresh air.  I really like his program and even more, his integrity.  He reminds me of you, always trying to help folks."

Okay, Gang ...

Check it out for your own self at:  http://tinyurl.com/67jc7v



Ricky Blunt wanted to know ...

"Would you share some of the books that you used to learn copywriting?   <>Are there any more classics that every effective copywriter has read?"

Ricky ...

Actually, I didn't read any books on copywriting until I was already doing  it succesfully.

You'll find my methods at ... Jun00.html

You  will find further insights  at ... Nov04.html & Oct00.html



Christopher Boone was  in a quandary ...

"Awhile ago I bought and read your Professional Finding course (very well done!).  However, I am having EXTREME difficulty getting started.  Either it's fear or my not knowing exactly how to start (or both) that is preventing me from initiating the first step. I was wondering if you know of any professional finders that would be willing to be my mentor (preferrably in the Northeast, but ANYWHERE would be great)?  Any help/suggestions you can offer me would be greatly appreciated. -- Also, what are some other names professional finders use (e.g., commodities finder, broker, etc)?"

Chris ...

Professional  Finders, by their very nature, don't usually reveal what they  do - and - I cannot give you any of their contact information without their permission ... which I don't have - but - I will tell my e-Letter readers that you are seeking contact with  other Finders.

Most 'real' finders don't use any kind of descriptive in the  name - but  - many years ago, I had some success calling myself a "Business Research  Specialist."

Note:  If any finder wants to assist Chris, please contact him directly.



Lai Chia Yee needed to know ...

"Just wanna know.. how do you track?"

Lai Chia ...

Although I use a number of tracking methods, there is a simple method anyone can use.

Go to: http://www.websitetrafficreport.com -- sign up for their FREE traffic report service. Put their tracking link at the bottom of each page on your site that you want to track.

The report you receive from them each day will tell you how many people visited that page the day before.

But, what about affiliate deals?

Well ... simply put together a rediret page on your site redirecting to your affiliate link. Put your tracking link at the bottom of the redirect page. That will tell you how many people visited the affiliate sales page.

It can really be that simple - but - you'll have to do it to test your results.

Of course, when you put out an email about one of your offers, check your traffic report to see how many people visited the page from that email message. Then, change your subject line when you put out the email again. Check to see how many more, or how many fewer, visited.



William Lucas wanted me to share this with you ...

"If we want quality traffic to our websites, major search engines are one of the major keys to have that accomplished. I recently discovered an easy way to get  first and second placement on Google daily.  If you type the word williamlucas into Google search engine you will find my blog at position number one and two, here is how to prove to yourself that what I am saying is truth: Just go to http://www.wordpress.com create a blog using key words as the heading for your blog than create your first article, word press will do the rest. This is a valuable tool to get major traffic to your website and build your list of quality potential customers who are interested in your niche and what you have to offer."

Note:  You can visit William's blog at:  http://williamlucas.wordpress.com



Sam Longoria tells me ...

"I started making movies in 1970, when I was 14.  When I was 19, I raised $500,000 and made a 35mm feature movie.  Since then ... In my Hollywood career so far, I've worked on a bunch of your favorite movies, and I also make my own 35mm feature films.  I've taught a lot of others how to do it, too. -- Now, I've written 'Sam Longoria's Digital Filmmaking Handbook' for those who want to do their own movies. -- A review copy is attached."


Thank you, Sam ...

The book is fantastic with  everything anyone would need to know about making a movie - but - although you have directed it primarily toward those who want to make theatrical movies, I believe every Internet marketer who is into Video presentations (on YouTude; or wherever) would benefit from learning how it is done ... especially from someone who is doing it and has done it in the big  time.

I am recommending it to all my readers.

Okay,  Gang  ...

Check it out at:  http://digitalfilmmakinghandbook.com

By the way, it's  only $7.



Roger Audy didn't understand why ...

"I just don't understand. Why do the sellers/buyers need me to find the great deals on products?  What's keeping them from cutting out the middleman and doing ther own searches for closeouts.  It seems that any business person would be doing that."

Roger ...

There are millions upon millions of businesses in this country.  Not one of them can know about all of the available sources for their wants and needs.

Paying salaried people to locate sources is NOT cost effective.  Finders only get paid when they find what is needed; saving the business money.

And  ...  with  all  the responsibilities a business owner has, his/her time is better spent selling and managing.



Well ... that's it for this month. -- In order to make every issue responsive to YOUR needs, please send me your questions; or tell me what sources or resources you needto build your business; or give me any thoughts you want to share with your fellow members.

Believe it or don't ... I ain t a mind-reader. -- If n you doesn't tell me what you need, I may never touch upon the information, sources or resources you need.

This is your publication for you to use to your benefit ... I am just your moderator.

 Until next month, keep well ...

J.F. (Jim) STRAW
Grande Panjandrum


Thought For The Month!

"Start by doing what's necessary, then do what's possible,
and suddenly you are doing the impossible."
-- Francis of Assisi


Can you stump the old master? -- Betcha can't!

Over the past 50 years (man and boy), I have made bundles of money in direct selling, service contracting, wholesale merchandising, entertainment (I was a professional Trumpet player, vocalist & Radio Announcer), freight forwarding, import/export, retail merchandising, warehousing, real estate, electronics manufacturing, finder's fees, closeout merchandising, financial brokerage, business consulting, steel fabrication, gold and coal mining, offshore banking, mailorder, writing, and publishing. -- That being the case ...

No matter what business you're in ... whether you're just starting, well on your way, or at the top of the heap ... I've probably been where you are, done what you are doing. -- So ...

Anytime you have a question about 'how' to do something in your business - or - if you have any comments about anything I've said in issues of this e-Letter; or if you want to add your 2 cents worth ... just "ask" me or "tell" me.

Send your Questions, Comments or 2 Cents Worth to ...

with "Question" - "Comment" - or, "2 Cents Worth" in the SUBJECT.

If I, personally, don't have an answer to any question you may ask, I will contact some of the professionals in your field of endeavor (I will probably know one or more personally) to get the real 'skinny' for you.

Note: If you want to ask a question anonymously just tell me so when you send in the question. -- Nobody but you and I will know who asked the question.


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