The Rear View Mirror

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Here’s a simple question…

On the business growth highway… in rear view mirror… Are you looking at your competition or if your competition looking at you?

Be honest.

rear view mirrorChest beating won’t change the current state of your business.

Don’t look at the books, don’t ask one of your employees or your business partner…

Just give me your first instinct?

Who’s looking through the rear view mirror at who?

You may not like the answer to this question, but it doesn’t change the simple fact that many of us are struggling to keep pace with our competition (This is especially true of my insurance industry brothers and sisters chasing national direct writers…) let alone pass them by.

But don’t fret… Don’t worry… And certainly don’t feel sorry for yourself.

I’m about to give you access to the HOV lane, fill your car with jet fuel and release the handbrake.

The solution to your rear view mirror problem is…

Value First Marketing

The days of a high return on investment from interruption marketing (think the commercials you skip past with your DVR) are over.  People will pay money to not see your advertisments.

Think about that for a second.  People will pay money to NOT see your advertisements.

That’s a double win for traditional advertising mediums and double loss for you.

But doesn’t everyone use traditional marketing to let consumers know what products they sell?”

Haha… I love you for asking that.

NO… The reason that your competitors are looking at YOU in their rear view mirror and not the other way around has nothing to do with advertising budgets or product offerings or customers service…

…if you’re losing ground in today’s marketplace it’s because you’re competitors have learned about Value First Marketing.

The Flow of Value

Here’s another question:

What makes blogging and social media and email and all the other forms of digital marketing so much different from the traditional marketing mediums?

Digital and social marketing strategies reverse the flow of Value from Provider to Consumer - Click to Tweet

For as long as people and organizations have been selling things to other people and organizations, the flow of value has always been from Consumer to Provider.

Provider – You want to know what I know?

Consumer – Yes

Provider – Pay me my money!

And the consumer did because the consumer wanted the knowledge and the only way to get that knowledge was money (or trade)… but either way value was always given by the consumer first.

NOT ANY LONGER!

At least not if you want your business to exist in 10 years.

Well… maybe… maybe your business will exist in 10 years but certainly forget about any level of success.

Empower Your Customers

Soooo… In the digital world value flows from provider to consumer.

But what the heck does that mean?

That means you, as the provider, do everything you can to empower consumers before they ever spend a dime in your business.

Take this blog for example…

I write two blog posts and the Content Creation Curation every single week.

I do How-to Tutorials and I recently launched the Content Warfare Podcast.

Everything that I know about Internet Marketing I give away for free (except the incredibly awesome social tools book, but you can even get 90% of that for free if you were to scan through all my blog posts) with little to no restraint.

I do everything I can to Empower You!

My hope… Is that when the time is right, you will consider hiring me to speak to your organization to educate, inspire and ultimately set everyone listening on the path to success online.

My hope… Is that the value I’ve given you over the years instills trust that I can help you become a success Online.

But regardless if you ever hire me or not I will forever Deliver Value First through content…

There is no expectation of sale.

Success in the Digital World

Success in the digital world comes from Provider delivering every ounce of value they can to the customer BEFORE money exchanges hands…

Scary… Yes.

A lead of faith… Yes.

Critical to success… Absolutely.

So how do we fix our rear view mirror problem?

Reverse the flow of value.

Reverse the flow of value from your business to the consumers you wish to make clients… Deliver value like your business depends on it…

…Because it does!

Thank you and Good luck,

I am Ryan Hanley and this is Content Warfare.

 Content Marketing that Converts

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Comments

  1. that’s an interesting point of view
    loved the post

  2. Ryan, don’t you sleep? Your response came faster than my comment was posted lol
    Wade wants you to check out… Eating Out Guide for Easy Weight LossMy Profile

  3. Great post Ryan. I am starting to now see return on investment for all the value I have given over the past while. This is like a snowball, once it gains momentum, there is no stopping it and I am sure that you have the same experience.
    Wade wants you to check out… Eating Out Guide for Easy Weight LossMy Profile

    • Wade…

      Exactly buddy… Once you get this thing going it just keeps going. Now you need to keep feeding it but the results will continue to grow.

      Thanks for sharing your experience!

      Ryan H.

  4. Ryan, love your enthusiasm but I have to ask. If you spend a lot of time delivering value how are you putting the dinero’s in your pocket? Sorry, but I come from an old schools system that looks at time = value where the time you spend needs to deliver value (i.e. income). The more you give away the less you make, per se.

    Don’t get me wrong, I get the value proposition here for sure. I do the same but more from an anecdotal perspective or for the love of my craft. The effort does not put food on the table but hopefully over time will generate some wider spread credibility in the market where I work. The thing is that I don’t rely on it for income at all. I get the business development opportunities this medium provides and every company needs a marketing/bd budget. I suppose that these ideas are how you can justify the effort but we all know it takes a long, long time to build solid relationships, right?

    Maybe I missed the point. I would love to hear a little more of your thoughts on this strategy from a solopreneur or small business perspective (not sure who you are targeting with this so I apologize if I got it wrong).
    Ralph wants you to check out… Analog vs Digital and the Art of Sketching WordsMy Profile

    • Ralph,

      Great thoughts Thanks!

      Take my SEO Experiment (http://www.ryanhanley.com/2012/06/11/results-small-business-seo-experiment/)…

      Here I answered 100 insurance questions in 100 days basically giving people the answers to every insurance question I could come up with… They didn’t need to call me, they didn’t need email me, they didn’t need to come in the office.

      I was just giving them valuable information up front at no cost…

      When it was all said and done… My time spent on that project was worth $200 an hour. That was my ROI. $200 an hour… And that’s just during the 3 months I was releasing the questions… I’m still getting calls today.

      So to me… And for any small business or any business in general… Giving the value up front yields huge dividends and NOT long down the road. Done right you start making money tomorrow.

      Does that make sense?

  5. Your are very remarkable Jane. I really believe that having a good understanding of what you really want your blog to be can really make your blogging business more productive and successful in the long run
    Becca wants you to check out… Arborists WilliamstownMy Profile

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