In 1997, while the stock market was in the middle of a nice bull run, direct response publisher Boardroom ran a promo. It was written by an A-list copywriter, Eric Betuel. It promised readers information on how to protect themselves and profit from “big money shocks.”
A year later, the mood had started to change. The market was overheating and all that dot-com money was going crazy. So Boardroom ran the same promo with another cover, talking about how to protect yourself and profit from the “coming worldwide money panic.”
Then in the spring of 2000, Nasdaq hit its peak and then quickly dropped 20%. Boardroom ran the same promo again. The new cover talked about the “coming stock market panic.”
Over the course of 5 years, this Boardroom promo mailed over 12 million times. Going at 5 cents per mailing, that means Betuel earned over $600,000 for this piece of copy. Not bad for a one-time project, along with a few new headlines about the unseen dangers lurking beyond the horizon.
Another A-list copywriter, Gary Bencivenga, once said there are two parts to copywriting: 1) opening the sale, and 2) closing the sale.
If history is any guide, opening the sale is the more fickle part of this equation. You might have to toss lots of different bait in the water. Much of it might not get a bite. But once that marlin is lured in and hooked, the same proven and almost automated process will work to pull the big beast out.