Dan Kennedy

Two main chain cutters that delink price from product

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The past few days, I’ve been reading the eye-opening “No B.S. Marketing To The Affluent” by marketing coach Dan Kennedy.

​​​​As you can imagine, one of Dan’s main points is that you should charge a lot, and that you can, because with a bit of thought and preparation, it’s easy to break the heavy chain that links product to price in most people’s minds.

Dan suggests two main ways to do it:

“The two biggest chain cutters that delink price from product are 1) who is buying and 2) the context in which the product is presented, priced, and delivered.”

There’s a lot in that one sentence. So let’s get specifical. Let me tell you just one specific way to create a high-price selling context.

It’s to assume authority.

In the olden days, this meant getting a soapbox… walking to the the northeast corner of Hyde Park… putting your soapbox down on the ground among the chestnut leaves… stepping onto the soapbox… and starting to talk.

The modern-day version of this is creating your own digital platform of any kind and using it to communicate.

Because there’s some shortcut in the human brain, so that when you speak from a platform, the rest of us listen.

Sure, some of those listening will walk away after a time. But others will continue to stand there, transfixed, nodding their heads.

And if you, the speaker, ever deign to directly address me, the transfixed audience member, I’ll get a flush of excitement. I’ll look around to make sure others saw it too. “Did you catch that? He spoke to me! He made me an offer, directly! It’s expensive, but what else would you expect? He’s an authority!”

I know I react like this. I imagine that if you are honest with yourself, you will find you react like this too.

All that’s to say, get your own soapbox if you haven’t got one yet. Or get me to create one for you. ​​

And on that note, today is the last day I’ll be talking about my done-for-you newsletter service.

​​Your own newsletter is good for business, good for authority, and great for delinking price from product.

So if you have a business, but you haven’t got a newsletter, then take a look here for more information on this service:

https://bejakovic.com/announcing-done-for-you-newsletter-service/

One word, out of 495, that drew a bunch of replies

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Last week I sent out an email, “Write 10 books instead of 1,” that got a good number of replies. The curious thing was the replies split neatly into two camps.

One camp was people who liked the core message in the email and felt inspired to start or finish their own book or books.

But the other camp, in fact the majority of people who replied to that email, had nothing to say about the core message.

Instead, this second group replied because of a single word of that email. A single word that was hidden, between two commas, in position 408 in an email of 495 words.

Would you like to know what that word was?

​​Good, then I’ll tell ya.

That word was inshallah.

Inshallah, as you might know, is a saying used in Muslim societies. It means “God willing.” It expresses both hope for a future event and resignation that the future is not in our control.

But why??? Why would I use this word in the tail end of my email?

Is it because I myself am Muslim?

Is it some kind of incredibly clever personalization based on the reader’s IP address?

Was it a joke or irony?

Readers wanted to know. And from my religious profiling based on these readers’ names, almost all the people who wrote me to ask about inshallah were either Muslim or came from Muslim societies.

I’ll leave the mystery of why I used inshallah hanging in the air. Instead, let me tell you a story that this reminded me of, from legendary marketer Dan Kennedy.

Dan used to travel the country on the Peter Lowe Success Tour, a modern-day speaking circus that featured former U.S. presidents and Superbowl quarterbacks as speakers.

Dan would go up on stage at the end of the night and deliver a rapid-fire comedy routine/sales pitch to sell his Magnetic Marketing program.

I highly recommend tracking down Dan Kennedy’s Magnetic Marketing speech and listening to it. ​​I’ve listened to it multiple times myself.

But one thing I never noticed, in spite of the multiple times listening, is that Dan somewhere mentions that he used to stutter as a kid.

Again, this speech is rapid-fire. It lasts maybe 50 minutes. It contains thousands of words. And among those words, there are a few — maybe a dozen, maybe a half dozen — that refer to the fact that Dan Kennedy stuttered as a kid.

It’s very easy to miss. Like I said, I’ve listened to this speech multiple times and I’ve never caught it.

But there’s a group of people who don’t miss it.

And that’s people who themselves stutter or who have kids who stutter.

Dan said somewhere, in one of his seminars, how he’d regularly finish his speech and try to get out of the room, only to be faced with an audience member, holding a brand new $197 copy of Magnetic Marketing in their hands, and ready to talk about stuttering and how Dan overcame his stutter and how he now performs on stages in front of tens of thousands of people.

That’s something to keep in mind, if you’re missing a word to put into the 408th position in your sales message… or if, like me, you suffered from epileptic seizures as a kid.

All right, moving on.

I got nothing to sell you today. But I do have something to recommend.

Well, I recommended something already, and that’s Dan Kennedy’s Magnetic Marketing speech. Dan has said that this speech is the best sales letter he’s ever written.

It’s worth listening to if you want to learn how to write an interesting, indirect, and yet effective sales message.

On the other hand, if you want to learn how to do marketing that gets you really rich — who to target, how to reach them, what offers to create — then I can recommend a book I’m reading right now. It’s also by Dan Kennedy. It’s more relevant now than ever before. You can find it here:

https://bejakovic.com/reallyrich

The two kinds of newsletters

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It’s late — I’ve been working until now on a new daily newsletter that I will launch tomorrow. It’s connected to my weekly health newsletter, which I tease occasionally but never reveal.

Inevitably, whenever I launch something new like this, a million and one little niggling things pop up that need to be done.

That’s why it’s late. And that’s why I somehow still haven’t written this daily email.

So let me just share something I wish somebody had shared with me a long, long time ago.

Had somebody told me this, it would have cleared up many confused days and nights of my marketing education.

It would have taken away some worries.

And maybe it would have even made me some money.

Here’s the big “secret”:

There are two fundamental styles of direct marketing/businesses/newsletters.

The first style I will call the Marty style, as in Marty Edelston.

Edelston was the founder of Boardroom, a $100M direct response publisher. He hired the bestest and A-listest copywriters out there, including Gary Bencivenga, Parris Lampropoulos, and David Deutsch.

The second style I will call the Dan style, as in Dan Kennedy.

Dan was at one point the highest-paid copywriter on the planet. He is also somebody who has shaped generations of direct marketers, including Russell Brunson, Ben Settle, and, on a much more modest level, me.

Marty style: intriguing, benefit-oriented, impersonal.

Dan style: intimate, personality-oriented, opinionated.

The Marty style of newsletter features cool how-to insider tips, such as how to ouwit a mugger in a self-service elevator, along with references to outside authorities who revealed that info.

The Dan style of newsletter features a personal rant by Dan about how the sky is falling or is about to fall. It features no outside references because what other authority could you ever need besides Dan himself.

So which style is better?

Or rather, why are there two styles, and not just one, the way we would all prefer?

You guessed it. Because each style can work well, and each style has its drawbacks.

Dan style means you can sell much more easily, and at much higher prices, and people will stick with you for longer.

But your audience is much more limited, and your product is really you.

Marty style means you can reach a much broader audience much more quickly, plus you don’t have to grow out mutton chop mustaches and share photos of yourself sitting on a bull.

But your audience is much less attached to you, and they will pay $39 instead of $399 for the same info.

So which style you choose to follow is really up to you and the kind of marketing/business/newsletter you can stomach for an extended period of time.

Of course, you can also stomach both, which is basically what I’m doing.

I have this newsletter, more on the mutton-chop-mustache, Dan Kennedy side. On the other hand, my health newsletter, including the daily newsletter I’m launching tomorrow, is fully on the “what never to eat on an airplane,” Marty Edelston side.

You gotta figure out what you want to do.

Final point:

If you do decide to go the Marty Edelston, impersonal, benefit-oriented route, then you will likely need copy chops, above and beyond what you will need if you are really selling yourself.

And if you do need copy chops, specifically the kinds of copy chops that people like Gary Bencivenga, Parris Lampropoulos, and David Deutsch have, then take a look here:

https://bejakovic.com/cr

The best argument against money-back guarantees on the Internet

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I was just listening to an interview with Vic Conant, the president of Nightingale-Conant.

As you might know, Nightingale-Conant is a big info publishing company. For decades, they dominated the self-help and sales audiotape market, with lots of big-name gurus on their roster. Their original guru was Earl Nightingale, who influenced Dan Kennedy and everyone on down.

One question posed to Conant was about the most profitable idea he’s used to market his products online or offline. Here’s what Conant replied:

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It’s been this ‘open accounts’ idea. When we advertise, we typically say, “Try this product for 30 days on ‘open account,’ or at our risk for free, basically. We’ll send it out to you, you try it, and we have the risk on our side.”

My dad came up with that idea back in about 1978. We were asking at that time for people to send in $50 and we’d send them the product. And that just wasn’t working to a great degree. We tried this and it worked very well and because of that our business exploded.

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The interviewer, Michael Senoff, asked a clarifying question:

“When someone orders, do they put a credit card down, but it’s not charged until 30 days later?”

Conant shook his head. “No. Typically it’s nothing. Just strictly bill-me-later.”

I thought this was very interesting. Because I don’t offer money-back guarantees on my expensive courses, like Copy Riddles.

​​I certainly don’t give them away for free for 30 days and then work to collect my money.

So should I start? For that… let’s go on with the interview.

Michael Senoff asked the obvious followup question. “They responded well, but how is it on the side of your collections? What percentage have you found you have to go chase money?”

Vic Conant replied:

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We have a very sophisticated collection effort, but it’s basically using guilt. And we’re very sophisticated in picking lists.

In direct marketing, in mail, you pick a list and you test that list. And if you test a list that returns all the products or doesn’t pay, then you don’t use that list any more.

So we tend to use very strong lists like Business Week subscribers, or people that don’t have time to screw around.

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So there you go. That’s the best argument I’ve heard against money-back guarantees on the Internet, at least the way business is typically done.

On the Internet, you’re not testing in slowly to very strong lists of buyers.

Instead, most businesses, including mine, have an open-door policy. Pretty much anybody can find my website, join my list, have the opportunity to buy. There’s no way to know if that’s a serious business owner with no time to screw around… or an unserious opportunity seeker with all the time in the world for screwing both me and himself around.

But still.

If you’re anything like me, your ears perked up at that original question, “most profitable idea,” and Conant’s reply “open account.”

I thought for a bit. Is there any way to do something like that on the Internet?

I realized I already am doing it.

Really, that’s the point of free daily emails such as these.

​​My courses such as Copy Riddles are very expensive.

​​The point of my free daily emails is to demonstrate — expertise, trustworthiness, valuable or interesting ideas. That’s the open account. And then, once you feel comfortable, you have the opportunity to buy into the next level.

I realize that might take a while, maybe much longer than 30 days. That’s okay. I have time, and I have additional arguments and email ideas. Here’s one I will close with today, from automotive copywriter Kevin Cochrane, who bought into Copy Riddles a while back:

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Copy Riddles was a measuring stick for me as a copywriter. John charted a course through the persuasion pathways that separate the pros from the posers. The structure is clear. The examples tie direct response history to present applications. The exercises offered a practical way to test and implement the lessons.
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I write for the automotive retail space, which is watered down by legal teams, compliance guidelines, and plenty of regulation. The course has helped me plunk the guts of what makes a solid bullet into more and more of my work.​​

If you’re hemming and hawing about whether to join, read a week’s worth of John’s daily newsletter as a trial run. You’ll know what to do after. (Hint: the paid stuff in Copy Riddles is even better somehow.) This is the kind of course you’ll refer back to again and again.

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For when you’re ready:

https://bejakovic.com/cr/

Magic boxes

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Last year, specifically on May 29 2023, I wrote an email about Dan Kennedy’s book The Phenomenon. In that book, Dan says:

“There will always be an offer or offer(s).”

I sighed, hung my head, and finally started adding an offer at the end of each email I sent out to my list.

Not surprisingly, I made more money from my list over the past year than I had in the four years prior.

You probably know to put an offer at the end of your emails. After all, everybody does it, and it’s kind of the point of sending out daily emails.

But what if you don’t have a product or a service to sell yet? Or what if you only have a few bum offers, which your list has stopped responding to every day? Should you still insist on a call-to-action at the end of each email?

I covered one aspect of this earlier this week. I gave you a great Dan Kennedy idea about selling “options” on your shiny future offer.

But what if, for whatever reasons of your own, you don’t even want to sell future options?

Here’s what I’ve found:

There are many ways to drive people to valuable action, even if you have nothing good to sell today.

Example:

My first ever one-on-one coaching student sells a $4k training for dental practices. While she was preparing that training, she was writing emails to a list of dentists. And her emails were falling into a void — zero response or engagement.

On our first call, I told her to make a tweak to her next email, and to put in a “magic box” CTA at the end of the email. The result, in her own words:

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Haha, I like that.

Better ingredients, better emails.

I got my first response to an email today from an owner of a fairly large dental practice here in Melbourne.

Thanks for pushing me in this new direction re trying to wrap things up in magic boxes instead of just getting them nodding along.

Excited for the year ahead 🙂

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I don’t know if that dentist ended up buying my student’s $4k training. But when people do respond, you can start a conversation with them. You can get into their world. You can build a stronger relationship. Often, that translates into sales down the line.

That might be something to keep in mind if you have valuable prospects on your list, but you haven’t yet built much of a relationship with them yet.

Meanwhile, if you’re curious about “magic box” CTAs, I’ll make you a deal:

Reply and tell me the size of your email list. If you haven’t got a list, that’s fine, no judgment, you can write in and tell me that. On the other hand, if you do have a list, or if you have multiple, or if you manage a list on behalf of somebody else, write in and tell me how big your list or lists are.

In return, I’ll tell you how a “magic box” CTA works. There’s a good chance you’ve figured out how it works, but you might still learn a tip or two from me that you hadn’t thought of. And besides, maybe we can get into an interesting conversation.

Paid waiting list

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For the first two years of this newsletter, I never made any offers.

Why?

​​Because, like Phineas Gage, who had a steel rod rammed through his eye socket, I apply a different part of my brain when I judge myself than when I judge others.

When I judge others, I yell at them if they don’t include an offer in each email. “Put something, anything, at the end of your email.”

I’ve told people to at least put a link to something free and interesting. And it’s certainly better to end your email with a link than with nothing.

Of course, it’s better still to have a paid offer, and to have the chance to get paid.

But what if you’re creating something big and heavy, something that won’t be ready yet for months or maybe a year?

​​And what if in the meantime you don’t want to get distracted by creating another offer, something quick and cheap… or by finding quality affiliate stuff to promote… or by hawking your mutton as a “consultant”?

I wanna share a story with you. It came from Dan Kennedy’s email newsletter a few weeks ago. You might know Dan as a direct marketing and copywriting genius, but he also had a background in person-to-person sales. And here’s Dan’s bit about that:

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​A story I did not have time to tell in my presentation dates back to my extensive work with a group of retirement communities in Florida. Often, their salespeople had soon-to-be-retirees and seniors on tour who were visiting from up North, had homes to sell, adult children to deal with, etc., and came over for a look while on vacation. They could not immediately be sold a home site.

We invented a series of lesser “things” they could and would buy: first, a 30, 60, or 90 day hold on a particular lot location; if not that, a 30, 60, or 90 day ‘first notification option’ on a location (meaning, if someone else wanted it, they’d be called before that new buyer was allowed to have it). Next, a 3, 6 or 12-month price lock, for a fee. All these fees were credited to purchase but non-refundable otherwise.

​​Three different ‘products’ to be sold when the product could not be sold. The conditional close is better than no close at all. A real sales pro HATES not closing.

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I don’t know about you, but I do know about me, and me was very impressed by this story.

I had heard of people taking free consults, and turning those into paid diagnostic reports.

I had heard of people taking free lead magnets, and turning them into paid front-end offers.

But I had never heard of people taking a free waiting list, and turning that into a source of income — not until Dan opened my eyes.

I tried to think about what’s really going on here, how to generalize this idea. I haven’t figured it out. Maybe you can clue me in.

The best that I came up with is that there is value to your prospect that you might not be charging for now. Access… flexibility… convenience… security… extra value, above and beyond your core offer. These are all things you can sell ahead of time, even before your main thing is ready to sell, or even pre-sell.

Or maybe what’s going on is simply what Dan says at the end. Making a sale is nicer than not making a sale. So think about what you can sell, today, even if it’s just a promise or a future option.

Fortunately, I have an offer to put at the end of my email tonight. Unfortunately, it has nothing to do with anything I just told you about. ​That’s also something I would yell at other people about… but that I foolishly allow myself.

But my lack of proper selling tonight doesn’t change the fact that my offer tonight is valuable.

​​In fact, it’s most valuable, if only you spend an hour learning it, and then spend a lifetime applying it. In case you’d like to find out the full story, and maybe buy:

https://bejakovic.com/mve/

On writing just to make money

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Last Friday, I organized a mastermind call of “newsletter operators.” The topic of the call was newsletter growth.

Seven people joined. Some were complete beginners, with only a few dozen subscribers. Some were further along, with a few hundred or a few thousand subscribers. And then there was one dude, with a list of 30k subscribers.

“Zero advertising spend,” he said, and he made an “all ok” sign with his hand that also doubled as a zero.

The fact is, if you read this newsletter, there’s good chance you have heard of this guy. I certainly had heard his name before we talked on this call.

During the call, we did the usual round-robin intros, and then it was a free-for-all of questions.

At some point, the 30k guy explained his position. “I’m an unrepentant capitalist,” he said. “I write just to make money.”

He largely dominated the call. Not in a bad way. He was interested in other people’s businesses. He was giving genuine advice. Even inspiration. “You gotta decide,” he said at one point, “you wanna make money or not?”

The other attendees were nodding along, saying, “Yes yes, you’re right, thanks for the tip.” Then they clammed up.

At around the 1hr mark, the 30k guy left the call without too much ceremony. And it felt felt like a sigh of relief could be heard in the virtual Zoom room.

People relaxed. Started smiling. Speaking up again.

Now, I guess there could be a lot of stuff going on here. Maybe people were intimidated. Maybe they were just absorbing this guy’s wisdom. Or maybe…

I once heard marketing guru Dan Kennedy say something like, you have to stand for something other than just making money.

You can make money. You can make lots of money. But you have to stand for something else besides, or at least, people have to feel that way about you.

And if not?

Well, you will repel most people.

Not all. The ones who are left will be people who also only want to make money.

You can certainly sell to those people, and you can do very well. But what you will get is short-term, self-interested buyers who will switch camp as soon as they’ve gotten what they can from you.

Which ties in nicely to the topic of my Most Valuable Postcard #1.

Yesterday, I promoted my Most Valuable Postcard #2. That postcard talks about the essence of marketing and copywriting. ​​That’s an important topic, but not the most important topic I could think of. That topic I covered I covered in MVP1.

​​If you’re interested in that, and if you don’t just write to make money, you can find more info here:

https://bejakovic.com/mvp1/

Mysteries of the mind

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Yesterday I started listening to a four-and-a-half hour long presentation titled, Best Life Ever. I did it because the guy speaking, Jim Rohn, has been billed, by no less an authority than genius marketer and influence expert Dan Kennedy, as being a master storyteller.

Dan says that Jim Rohn built his long and very successful career on zero practical content, great stories only.

So that’s what I expected to find. Fantastic fluff. Zero real substance.

And yet I was surprised. In the first twenty minutes, I already found the content genuinely insightful. I felt that Dan was underselling it. Take for example the following. With a smile, Rohn says:

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The day the Christian Church was started, a magnificent sermon was preached. A great presentation. And if you’re a student at all of good communication, it was one of the classic presentations of all time.

And this sermon, this presentation, was given to a multitude. Meaning a lot of people. But it was interesting.

The record says, when the sermon was finished, there was a variety of reaction to the same sermon. Isn’t that fascinating? I find that fascinating.

It said some that heard this presentation were perplexed.

Now I read the presentation. It sounded pretty straightforward to me. Why would somebody be perplexed with a good, sincere, straightforward presentation?

Best answer I’ve got: They are the perplexed. What other explanation is there? It doesn’t matter who’s preaching.

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Rohn’s point is that there are some mysteries of the mind.

Why are some people inspired to take action? Why do others never take action? Why are some people perplexed? Why do others mock and laugh?

You can try to figure it out. So did Rohn, once upon a time.

“I don’t do that any more,” he says in his talk. “I’ve got peace of mind now. I can sleep like a baby. Not trying to straighten any of this out any more.” It’s just mysteries of the mind.

Did you find that insightful?

I did. But maybe I’m just very easy to dupe into feeling like I’ve had an epiphany. Doesn’t matter who’s preaching.

Or who knows. Maybe Rohn is such a good storytellers that even in those first 20 minutes, he managed to prime me for being easily influenced.

In case you’re a student at all of good communication, this guy was one of the classic presenters of all time. To see why, watch a few minutes of the following:

 

We’re in the fiction business

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I was surprised—

Yesterday I polled readers as to what books they are reading right now.

The responses came flooding in. Lots of business books. Lots of marketing books. Lots of self-help books.

What surprised me is that out of the several dozen responses I got, fewer than five came from people who said they are reading fiction.

A few days ago, I mentioned how I’ve watched lots of Dan Kennedy seminars about marketing and copywriting, and how Dan will often poll the room about who reads fiction.

​​A few hands go up, most stay down.

“You gotta read fiction,” says Dan. “Many people make the mistake of thinking we’re in the non-fiction business. Big mistake. We’re in the fiction business.”

So read fiction. Even better, write fiction. Dan did it – a mystery novel. John Carlton did it, too — sci-fi. I guess even Gary Halbert did it, maybe romance.

You don’t have to write a novel or even a short story. An email can be it.

​​I’ve done it before in this newsletter. Sometimes I was serious about it. Lots of times it was a parody. In every case, it was valuable.

​​To read the adventures of Bond Jebakovic, secret agent, go here:

https://bejakovic.com/once-upon-a-time/

Guy rebuffs my attempt at cross-promotion

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A report from the trenches:

I’m working on growing my health email newsletter, which I launched a few months ago.

One part of what I’m doing is reaching out to other newsletters to offer to cross-promote. I’ve been contacting newsletters of a similar size to mine, who share some common elements with mine:

– sent out weekly
– news-related
– “proven” — make an emphasis on providing references or sources
– is made up of actual paragraphs of text that people read, rather than just a collection of links

I’ve had a few people take me up on my cross-promotion offer. But one guy, whose weekly newsletter is for people who want to “stay on top of the current issues and that like to read more than just bulletpoints,” was not interested in my offer. He wrote me to say:

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I don’t think this partnership would work out, basically because I’ve done it before and the clicks were very, very low. Also, I don’t think there’s a great overlap in the content of our two newsletters.

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As Dan Kennedy might say about that first reason, if we all stopped doing something if the first time was a fail, the human race would soon die out. There’d be no more babies born.

But what about that other reason? About content overlap?

It’s very sensible to only sell competitive duck herding products to competitive duck herding enthusiasts.

But most offers are not that one-dimensional.

The “world’s greatest list broker,” Michael Fishman, was once tasked with finding new lists to promote an investment newsletter.

Michael suggested a list of buyers of a product called Big Money Pro Golf Secrets. The publisher of the investment newsletter said, “We’ve tried golf lists before, they don’t work for us.”

Michael said, “No problem. It’s not a golf list. Think about who would buy a book called Big Money Pro Golf Secrets. I don’t care if it’s Big Money Pro Flower Secrets. Anybody who would respond to that language is somebody whose door we want to knock on.”

Point being, if you have something that’s not as narrow in appeal as duck herding, there are many dimensions along which you can expand your market, beyond the obvious topic or content or promise of what you’re selling. ​

​ By the way, Michael Fishman is somebody worth listening to. I’ve read and watched and listened to everything I could find online by the guy. I make a habit of occasionally searching the Internet to see if anything new has cropped up.

If you want a place to start, here’s a great interview that Michael Fishman did with Michael Senoff of Hard to Find Seminars:

https://www.hardtofindseminars.com/Michael_Fishman_Interview.htm