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How To Write A Great Sales Letterby Mark Satterfield Send Feedback to Mark Satterfield Marketing Planning & ImplementationMore Details about Marketing Planning & Implementation here.
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However, expanding one's circle of business relationships is a challenge for many business owners and entrepreneurs. Cold calling, attending networking meetings and industry conferences tend to be either a) unpleasant or b) immensely time consuming. So, what are the other options available to those who feel that they have lapped the track with their existing circle of contacts? For the businesses that we work with, we've found that a one-page letter still has enormous power (even in this day of email proliferation). However, the difference between whether the letter gets through the screener, actually gets read and acted upon, naturally depends upon how it is written. And it all starts with the first sentence. There's an old saying in copywriting that the purpose of the first sentence is simply to get the reader to read the second sentence. And that's basically the truth. You either hook the reader with your opening sentence, or your letter gets pitched. It's that simple. However, all opening hooks are not the same. The opening sentence must "grab" the reader, but do so in a manner that doesn't scream "This is a sales letter and I want you to buy my stuff!" The key to getting immediate attention is 1) communicating that you specialize in their industry and 2) understand a particular problem this group faces. Why are these crucial? First, everyone thinks their problems are unique. This isn't necessarily true, but from a marketing perspective it's important that we accept this perception. Thus, the more we communicate that we "play in their sandbox" the greater the likelihood is that our entire letter will get read. Communicating a problem that the reader faces requires that we raise a specific, rather than obviously generic, challenge. Simple saying "We know you're concerned about cost reduction" is just too basic. You need to fly the plane at a lower level. What exactly does "cost reduction" mean to a bank? To a manufacturer? To an educational institution? To your specific audience? That's what you want to communicate. So this is quite an objective for the opening sentence. You need to demonstrate that you specialize in the reader's industry and show that you understand an issue of substance and importance. Let me share with you an example of an opening sentence that has proven to be extremely successful for my clients. The format is as follows: I know from speaking with other (people similar to the person you are writing to) that many of them are concerned about (a specific problem). For example: I know from speaking with other banking executives that training bank personnel to cross-sell financial services is an on-going challenge. Note that I didn't say that "more business" was the challenge. Rather I focused on the issue of "cross-selling", which is a specific challenge for executives in retail banking. Thus I begin to build immediate credibility for myself as someone who truly understands the issues bankers face. This lesson applies to any group that you are writing to. You want your reader to see a reflection of themselves in the message you are communicating. Now suppose, despite all of your efforts, what you come up with as an issue still sounds pretty obvious. That's not necessarily a problem as long as you acknowledge the obviousness and don't try to package it as some sort of unique insight. Let me give you an example of a letter I wrote for my own practice (that you can easily adapt to your business) which I stated a generic problem but still got readers to keep reading by adding a second sentence. "I know from speaking with other business owners and entrepreneurs that new business development is an ongoing challenge. And while this may appear to be a blinding grasp of the obvious, what is less apparent is what the most successful companies are actually doing to address this challenge." I tested this letter with, and without the second sentence, to two mailing lists of prospects. The first letter drew a minimal response. The second letter, which included the second sentence, tripled the response. Naturally there is more to writing a compelling marketing letter that gets read and acted on than just the opening sentence. In future articles I will share with you how to continue to build initial credibility and create a call to action that motivates readers to take the next step in the relationship building process.
Mark Satterfield is the founder and CEO of Gentle Rain Marketing LLC. Since 1992 he has advised consultants, financial advisers and owners of small businesses on marketing strategies, and strategies for developing new business relationships. In addition to his consulting work, Mark has written over 250 articles on professional development which have appeared in publications including the Atlanta Constitution, the Los Angeles Times and numerous professional, trade and technical journals. He is also the author of five books, including Power Prospecting: How to Gain Access to Key Decision Makers, How to Negotiate the Raise You Deserve, and Career Etiquette. Find out more at www.gentlerainmarketing.com
Keywords: marketing planning, marketing implementation, markeitng planning and implementation, money talks, write a great sales letter This article has been viewed 478 time(s).
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