Social Media Marketing Pricing Like Cab Rides by the Pothole

Social Media Pricing by the Pothole
Social Media Pricing by the Pothole


I find that a lot of people are curious about breaking down marketing services like social media and search engine optimization to an hourly rate. I know this, because a lot of people search the Internet for pricing information and find me.

Silly me, I don’t have a standard rate sheet, but I will tell you why. I don’t know how much it will cost to perform SEO or social media marketing until I know what a company wants and needs from the services.

I understand the concern of marketing cost. After all, the reason for a company to spend money on marketing is to achieve a higher profit. This means the cost of marketing will be a factor. However, it is too common that the only set of numbers a client will clearly understand is the outgoing money, while they ignore the more important numbers such as accurate projections, goals, and increased profit.

The cost of marketing is not the same for any two projects, because the associated tasks are as different as the company itself. More importantly, marketing is something which spans the life of a company, and not just a set of tasks that are finished in a set number of hours. If you shop for marketing by seeking to buy a set of tasks, then you are essentially dictating a job, rather than letting the professional do the work they are trained to perform.

Reasons Marketing Cost Varies, and Menu Pricing Fails

Menu style pricing works great for some marketers, but it can create a huge disaster for the client. I don’t have time to list all the reasons the cost of marketing can vary widely, and you don’t have the time to read that list. I’ll give you a few points to consider.

Some companies will have well-formed projections of their market potential, and some will have already done the research to know how many people they must reach to achieve their goals. Some will have a targeted marketing strategy already prepared, and most will need help improving it. Some will have already performed A/B testing to determine their optimal conversion rate. Some will have creative ideas for their marketing, and even have talented people to help implement it.

Some companies have all of these things in place, but this is often not the case. Instead, I find that they come to me asking me to do whatever it is I do, without really even knowing what needs to be done. Then, without understanding the tasks, or reasons for them, they want a shortcut answer to How much does it cost?

The question of how much it will cost, without a clear idea of what is needed, or what will actually improve your return on investment is an easy way to waste money and time doing the wrong things. It is like shopping for a dentist by seeking the cheapest price for a filling while what you really need is a root canal. Worse yet, it is like telling the dentist how to perform the filling, and asking for a discount because you used less Novocaine. With that kind of thinking, should there really be any wonder why most marketing fails?

Dictating Social Media Tasks is Like Telling Your Cab Driver to Swerve for Giraffes
Dictating Social Media Tasks is Like Telling Your Cab Driver to Swerve for Giraffes

Would You Buy a Cab Ride Priced by the Pothole?

It makes me wonder how many companies pay their building lease by the hour. What if they booked flights by the mile? Would you pay extra to fly around a storm? Would you tell the pilot which way to fly, or would you rely on the professional?

Some things just don’t sensibly calculate in the terms we think they should, or wish they would. It is not always because somebody is trying to hide an obscene profit. Many times, it is because the cost would be outrageously high to account for each item granularly. Imagine trying to account for a cab ride that includes a charge for every time the cab hits a pothole and gets a little closer to needing a new set of tires or shocks. Should stopping for traffic signals cost more to account for the brake wear, or should we burn more gas and take the longer route to avoid them?

The challenge for a lot of people to realize is that the cost of any product or service will be built into the price. The cab driver will need to receive more money for his job than what it cost him, so he sets his pricing and maintains his car to optimize his earnings. If you asked him to itemize each thing, you would have to pay him for that extra time he is doing accounting instead of driving his cab. If your driver lets you blindfold him and direct him how to drive, you are both foolish.

My point here is to express how easy it is to make mistakes when shopping for and comparing services in an unfamiliar industry. In the industry of online marketing, if you pay for somebody to account for every hour, you will likely pay a lot more for the extra accounting.

Then again, I guess I shouldn’t complain if somebody wants to pay me for the hours I lie in bed at night staring at the ceiling as I ponder how I can make them more successful tomorrow than yesterday.

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Photo Credits:
Costa Rican Pot Hole! by Arturo Sotillo via Flickr
Cone & Pot hole by oknidius via Flickr

Business Tip: People Think Better When They Are Paid Well


Think about your worst times in your career. You were probably stressed by a lot of little things that seemed bigger than they really were, and perhaps some really big challenges, too. Deadlines, coworkers, health, family, finances, and other stressful issues can make it feel like everything is spiraling out of control. Some challenges can be used to build a company stronger, but it is far more common that they become destructive.

I am going to give you a bit of information that you can email to your boss with confidence, tweet on Twitter, “Like” on Facebook, and best of all … you can blame me for being the one who gave your boss this uncommon piece of common sense.

Is there a solution? I have found through more than two decades in business for myself, and from consulting with many businesses, the majority of business challenges can be improved with more money. That could mean hiring a better accountant, bringing in a strategist, improved inventory and purchasing capability, or having the right equipment to do the job at hand. The list of enhancements is long, but let’s just say that money can bring about a lot of improvements in a company.

One of the greatest improvements to a business comes from the quality of life of the people who make the business what it is. You cannot separate the people from the business, and if you try, you will fail!

Einstein Theory of Payment
Einstein Theory of Payment

Think of it like this for a moment: About half of all marriages in America end in a divorce. The two biggest causes that people claim are infidelity and finances. I suspect that much of that infidelity is because they don’t have enough money to have sex with their spouse! Come on, really, how sexy is an unproductive or frustrated spouse, after all?

Yes, sex and money break people down and make them less productive, even in their marriages. So how could it even be possible that this does not affect their business life, too? It is not possible, because businesses are made up of their people. Fragile or strong, focused or fragmented, those people are what make a company whatever it becomes. This is why, as a consultant, I have always suggested investing wisely in the people, and I have recommended as many pay raises as job terminations.

Money Can Help Most Business Challenges

Money does not fix everything, but in a business, it can facilitate a lot of things which are not otherwise possible. If more money can help a business, and I think this is very true for most if not all companies, then how do you make that happen? It generally requires doing more of the business that pays the company profits. That means marketing, and marketing well!

I have been in business long enough to know just about every conceivable cause of stress. Fortunately, I have been in business long enough to heal from a good number of those stresses, too. I am not spying on you and looking over your shoulder, but I really do know more about your challenges than you may give me credit. That is because I have been there, and I have consulted a squillion companies with troubles just like yours.

Most of the people around you have encountered some sort of stress in their business lives, too. If they say they have not, they are either lying, or their brain just blocked it out in order to preserve their sanity. The biggest challenge that most people in business shudder to discuss is money. In most business owners’ minds, a lack of money means they did not do their job as well as the next person. It gives them a feeling of shame. The truth is that it often just means they did not market their business as well.

If you don’t believe me about the importance of marketing, just consider all of those things like a Snuggie or a Slap Chop which had phenomenal success, against all odds. Without marketing, they would still be “stupid” ideas in some inventors mind. Instead, they were stupid ideas that turned into millions of dollars in somebody’s bank account.

If you are really not sure what these items are, check out this video about the Snuggie. It has received over 16 million views on YouTube, and it is just a parody of an actual Snuggie commercial.

Are you still not convinced about marketing? Consider the Slap Chop. This thing made millions of dollars! Are you kidding me? It is a cheap hunk of plastic with a spokesman who was arrested for beating up a hooker.

It is easy to criticize these and say they are not good marketing, but they achieved their goals. I prefer something less sleazy for my clients, but the important message here is that marketing makes the difference between success and failure in nearly any company of any size.

I realize that it is a tough cycle to break, because in order to do more business, it usually requires an investment. It may take a big and scary investment, but it should not be any more scary than being in business, itself. With the right mindset, and the right facts, it should be like a huge beam of sunshine breaking through the clouds.

Why Marketing Feels Expensive

There is a common perception that marketing is expensive, rather than the reality that not marketing is where the really huge cost comes from. Keeping the doors open on a business without reaching the right customers with the right message they will respond to … now that is expensive!

I see it all the time where a company will send out a flurry of requests for proposals from companies like mine. Companies who think like a Fortune 500 company will focus on the value proposition, and what the cost represents. Smaller or less secure companies will often try to focus on the price, instead of hiring it out to the right people with the right plan. This is why my engagement letter will often include something similar to the statement as follows:

Creative marketing based on solid research is what makes the difference between Pepsi Cola and the one you never heard of. This is the area where the majority of efforts should be focused.

The most effective marketing strategies involve more than price comparisons between a handful of off the cuff proposals, and we know this to be true. This is why I am confident in saying that the best marketing decisions you will make do not center on ill-considered boilerplate proposals designed to wow you.

Instead, those decisions should be based on solid data and confidence that your marketing dollars are spent with somebody who can effectively build your brand and build your profits. That means a lot more than the person with a fast pitch and a price sheet in hand. This engagement is not based on hours worked, but rather on experience and know-how. It will include my focused attention on building your brand and producing long-term equity in your market.

Breaking a Cycle of Destruction

If you want to learn how to break a cycle of destruction in your business and have more money, you must address your marketing. It is what builds your business and provides the additional money that can help most business problems. If any of this rings a bell to you, and if you want more business, I sincerely recommend reading the articles listed below.

In conclusion: None of us are immune to the benefits of peace of mind, nor the frustration of being underpaid. No different from you, your marketing people do the best thinking when they are paid well for it. Fortunately, when marketing is done well, everybody gets paid better!

Here are some articles that I have written regarding the cost of marketing and the mistake of placing cost above value. This is your reading assignment, and I hope you will enjoy them.

Photo Credit: Einstein photo courtesy of hetemeel.com.

Websites As Low As $175,000 + $25,000 Monthly Maintenance

A Jackass Called Me
A Jackass Called Me


Are you in need of a real bargain for your next website? I have a great deal for you today, and it starts at just $175,000 and $25,000 per month maintenance cost. But wait! There’s more!

It sounds like a great bargain, right? Well, maybe and maybe not.

I wish I had recorded the conversation I had with a woman desperately in need of an answer about website pricing. She just wanted to hear the answer that agreed with her. She did not have any desire at all to hear the right answer. I do have the urgent voicemail message she left for me, and I will include it in the podcast.

Listen Here:

After hearing the voicemail message, I promptly returned her call and she was even more frazzled in real-time. The purpose for her call was that she was frantically seeking some way to sway her business partners from an offer made by a website development company for what she believed was astronomically high. The part she could not answer was why it was too high, or how much too high it was. All she knew was that it was too high, and she wanted ammunition to fire back at the developer and her business partners.

I agreed with her that the $175,000 plus $25,000 was extremely high for a “basic website” or “simple website”. It is funny, but from a customer’s standpoint, they usually are just “very simple”. That is, unless you take them to the mat and have them show you just how damn simple it is by telling them to do it themselves.

I did my best to calmly and logically address the woman’s concerns and told her that this amount of money should indeed buy a substantially complex website with a lot of functionality, or otherwise be justified with some really fantastic marketing services. I expressed that there was very possibly a lot of fat to trim from the price, and that I would be delighted to review her requirements and provide a competitive bid for the project. To my amazement, she really had no clue about the site’s details. She did not have a project scope laid out with details of her needs. All she knew is that she was getting the shaft from some development firm, and she needed proof that the quote was many times too high. For all I knew, the pricing she had received was the bargain of the century. She wanted to hear nothing of the truth, and instead, she hung up the phone when I told her I needed more information to determine whether it was a good deal or a bad deal.

The point is that if you are shopping for technology or marketing services, the cost is really never too high or too low without the missing variable of what you are getting for the money. There was really no way I could tell her if the quotation she had received was ten times too high or one tenth of the cost it should be. Did it require two developers or two hundred? Did it involve tens of hours or thousands of hours? Did it include software licensing and a cluster of dedicated servers, or a shared hosting account?

The trouble I see with this is that it has become far too common that people who are non-technical and have little or no understanding of an industry to seek something based on cost and not on value. These are the people who get screwed to the wall with bad results and then blame an industry instead of pointing the finger back where it really belongs, which is at themselves for making fast assumptions based on cost of things they know.

Now, if you really want to know how much a website should cost, or how to determine website development or SEO rates, I invite you to read the articles as follows:

Of course, I could write all day about different pricing models and how to determine the cost of a website project, but in short, I will just say that if the price is all you look at, you are a sucker!

I would also like to add that if you are in such a rush to get your website launched that you do not have time to hear the professional’s answers to your questions, you may be a jackass, too!

The Lazy Internet Culture: A Culture of Internet Marketing

Do You Understand Global?
Do You Understand Globalization?

The Internet has created a lot of change in culture around the world. It is not true for everybody, but on a large scale, globalization and greater awareness of the world is a reality. People learned more about the other side of this planet in the past decade than in all those thousands of years prior to the Internet. We have embraced other cultures that we were not previously aware of, and we have blended into a larger culture … the Internet culture. The Internet truly has been instrumental in creating the more global society we know today.

I am an American. I live within about an hour drive from the geographical center of the continental United States. I am about as far away from another country as you can be while within the USA boundaries. At the same time, I would estimate that I have more experience in dealings outside of the USA than 99.9 percent of United States citizens. Much of that is due to the Internet, but not entirely. I have traveled extensively, and I have spent time in many other countries. I have done business in countries all around the world, and learned a lot of interesting things about many cultures. I guess you may call me “worldly” based on my experiences, but I have learned more about people and cultures by using the Internet than in my travels. I should perhaps also add that it has provided me with a unique view on Americans and American Work Ethic vs. Globalization.

The Lazy Internet Culture and Internet Marketing

It seems that the Internet has a downside. Actually, the Internet has a few downsides, but I want to address a particular one. I want to address the culture of laziness that the Internet has made widely available. It is a lazy culture of believing that the Internet will fix everything, and that it is a simple place to earn a living. After all, who wouldn’t love to sit back and watch money flow in all night and day for doing nothing, and risking nothing? That is how the Internet is viewed by a frighteningly large number of people.

This really is a problem, and it really does have an affect on your business future! It has an affect on how people view their jobs, and it creates a laziness with a backlash that we cannot even quantify as of yet.

A Story of Our Internet Culture

I received a call a couple days ago that sincerely troubled me. I actually get a lot of calls like this, but I will share this particular one with you. The woman on the other end of the line asked me “how much does a website cost?” I have been answering this question for over a decade, but the absurdity is getting worse. The woman wanted to know what it would cost her to get what she wants. I needed more information, because after all, websites are not created equally … not even close. An ecommerce website with seven digits of monthly traffic will not cost the same as a novice site invisible to Google by the kid who just took his first high school computing class. If you really want to know how much a successful website will cost, without any clue about how it will succeed, my easy answer is “fifty-two squillion dollars and thirty four cents” (plus a fresh pot of coffee and a carton of cigarettes). Read “How Much does a Website Cost?” if you want a more defined look at the variables involved.

I asked her what kind of website she needs, what she will be offering, and what her goals are. She told me that she wanted to sell travel, and she wanted to earn between $1,000-$2,000 per month. Please note that I don’t market for hobbies … I market for businesses. This was clearly not a client that I would accept, but I wanted to help her with some guidance anyway. She seemed really earnest in wanting to do something, but she was extremely confused. So, we talked for a bit. I did not charge her a penny.

I came to discover that she did not yet have a service to offer. She was looking into an opportunity to sell a travel service. The company she had been considering offered a package for $399 with a website and everything she would require to make the money she needed and wanted. She was actually coming to me for comparison shopping. She thought maybe I could offer something for less than $399 that would earn her $1,000-$2000 per month. (Note: I do not deal in hundreds.) She really felt interested in the opportunity the company offered. I did not want to hurt her hopes, but I was just dying to know how she thought she would stand out beyond 672 million other results in a Google search for travel, with a budget under $400. I wanted to know her angle. I also really had to know whether she had heard of Travelocity, Expedia, Orbitz, Priceline, Hotels.com, or the others. I wanted to hear how she planned to get her piece of that market without any sense of a marketing budget, and without any travel industry experience. Don’t judge me just yet. I was nice about each of my questions … I was sincerely nice.

All of the sudden, the topic changed. When I asked about how she would target her audience for selling travel, she was at a loss. I guess she got a bit scared when she realized it would be kind of hard to earn a living selling travel to her friends and family. Then she wanted to know about marketing her line of perfume. No, not just perfume, but wedding perfume. Wow, this was a big shift from travel. She wants to market a very targeted perfume, specifically for a Christian woman on her wedding day. Really, she had a good case for it, too. The story was complete with things a nun had taught her as a young lady. She is ready for targeted marketing. Well, except for the fact that the target is like shooting a pea with a spitball at 100 kilometers.

Please see my point here. I hear a lot of stories about the next fantastic idea every day. Sometimes it is a new idea, and sometimes it is a person who just wants a piece of an existing market. Many times, it is just somebody looking for a way to get out of a job or to increase their lot in life, without any focus whatsoever. In nearly every instance, it is a person or corporation who thinks they have what it takes to be a success. They think this right up to the point of going broke trying to prove it. Sometimes they get lucky and find somebody who will tell them the truth before they waste a bunch of time and money. It is the lucky ones who find somebody to be honest and let them know it will not be as easy as the advertisement they just read about the Internet being their new savior.

I am usually pretty abrupt about things like this by giving an Internet marketing reality check. I felt really kind toward this woman. I guess I just needed to know more about her hopes, and I wanted to try my best to understand the mentality of people and what they respond to. I wanted to have a feel for people again … real people … like the ones struggling with hopes that they secretly believe are foolish but really want to hold onto. I wanted to feel somebody’s hopes, without just immediately crushing them with the truth. I wanted to let her down softly and not just be the everyday brutally honest Murnahan.

Three Lazy Internet Marketing Categories

I want to offer my views of three very sad categories of people I find in my career in Internet marketing. These three lazy categories of people that the Internet culture has created are as follows:

  • Type One: They heard the Internet is a great place to earn more money. This is a common message delivered by people trying to rip somebody off. It is so common that I would categorize it as the most destructive factor of the Internet. The majority of Internet users falling into this trap do not understand business, marketing, or even conceptualize earning a lot of money. They just know that they hear a whole lot of talk about making a ton of money, and websites … and there was something else. All they really heard was “money” and “website”. The rest was just filed off as something they did not need to know. They deeply believe that there actually is a quick and easy road to riches, and they just have to keep looking under every rock until they find it. There is a big belief that “somebody is getting rich the easy way, and it may as well be me.” What these sad folks will never grasp is that if anybody is getting rich easy, it is the one who sold you that delusion. The truth is that they are usually not worth the paper they are printed on.
  • Type Two: They already tried to use the Internet for a business, and it failed. This usually happens when somebody fails to implement due diligence. They did everything they heard would work, and they still failed miserably. Their business did not grow, and they lost every penny they spent. This is a sad category to me, because it is the kind I may have actually been able to help if they came to me earlier. There really is a huge marketplace on the Internet. Success is attainable if you have a business with a really good Internet marketing plan. If you are in this category, I wish you the best. If you ever want to try to do it better than before, I will be delighted to visit with you about a solid marketing plan with real numbers.
  • Type Three: They keep hearing about the Internet and are curious, but they are paralyzed by fears. They do not want to make the wrong decisions, so they make no decisions at all. They do what is comfortable, and they are afraid to push the marketing go button.

How Can I Call Internet Marketing Culture Lazy?

People who have followed my blog or my career for a while realize that I have been very successful in my line of work. Many also realize that I took it on the chin for the small guys about two years ago. I took some big losses in 2009 by standing up for people like this. It caused a loss to my annual income of more than an average twenty Americans earn per year, and postponed a planned 2012 retirement. That happened when huge corporate suppliers and clients alike started laying people off and ceasing services that I sold to my clients. I was a stand-up guy when they needed a stand-up guy. I feel mostly good about my decisions, and never regret holding integrity above profits.

I have always had a bit larger view of the Internet than average, because I provide the services that a lot of Internet service providers sell to their customers. I was not a bastard when I perhaps should have been a bastard the most. When I talked to the woman in the conversation above, I wanted to get back to understanding these people who have hopes without common sense getting in the way. After all, I created a massively successful Internet business back in 2000 with that same positive spirit. Fortunately, I also owned a 13 year old marketing company at the time.

There has been a lot of change in the world since I started my wholesale Internet services company. It was not easy then, and it is even harder to get a good foothold now. The opportunity is greater than ever, but it is incredibly irresponsible to start a new business with no budget, no marketing plan, and nothing but a huge set of blinders on to keep you from seeing anything but a carrot of hope in the distance. Success does not work that way.

What will make you different? I have an idea! Try some marketing talent. If you don’t have marketing talent, you better have money to hire it out.

A Positive Note About Internet Marketing Laziness

I want to leave you with a positive thought about the laziness and easy-money attitudes about Internet marketing. I have been in this industry long enough to see a lot, and I have had a lot of success at it. I have also worked very hard for it. If it helps you to feel any better at all, I will show you three little kids who will never in my lifetime be allowed to think the Internet is an easy place to earn money. These are my children, and I love them too much to destroy them with such nonsense.

These Kids Will Work!
These Kids Will Work!

Marketing Cost vs. Marketing Value

Would You Buy it for Half the Price?
Would You Buy it for Half the Price?
If you make your price the first priority in a cost to value comparison, you may want to reconsider. Cost is a fast way to get a lot of public attention, but it can also provide a negative net return. Showing a low cost has a solid place in some markets, but consider evaluating the cost and value propositions you present to your market. If you are building upon only an audience of “glancing prospects”, you may miss your best customers in the process. What I call glancing prospects are the ones who are out for cost, and that is the primary factor in their decision making. They glance in your direction and give little consideration to anything but how much it will cost. You may like these customers if you are content to offer the lowest cost, but they are also often not return customers or loyal to your brand. It is not just because you didn’t provide value, but because value is not what they were seeking. Thus, they never realized your value.

There are different kinds of buyers in any market, and there are still many who consider value over price. Even while shopping for identical products, many people will consider the value of buying it from somebody they trust or find other benefits from. It takes more effort to find value-shoppers than to find price-shoppers, but they are worth every bit of it. They will be back, and they will tell their friends.

I will use my industry as an example, but it is important to consider this in any industry. I sell marketing. In my case, value is all that really matters. Return on investment (ROI) is what makes sense to my clients. What they spend is not what matters but rather what they will receive for their money … which is more money. Profit is what my clients want, and they will do what it takes to get it. At the same time, I also attract a lot of “glancing prospects” and “lookers” without any intention of seeking value. Do you want to guess which one I consider important? That’s right … I want the ones who want the ROI and look closer to understand the value of my services.

Cheap Marketing and Low Value

Business people are cost-conscious, and more now than ever. Ironically, this often leads them to mistakes that sabotage their business efforts. As a reaction to their fears, companies will often drop their prices and subsequently drop their value. Marketing is the easiest cost to cut, but also the fastest way to reduce profit and go out of business. I watch companies all the time that neglect the value of their marketing, and try to use a cost proposition in place of a value proposition. It is a short-term cashflow bandage that becomes their undoing.

You can call me crazy, but I am smart enough to get dressed before going to the grocery store. In fact, I can be pretty downright bright, on a good day. I guess I am not smart enough to see the “wisdom” in some people’s reasoning of comparing cost above value. Some will try to weigh the cost with value, but often use completely flawed metrics for comparison. I see people all the time who do not understand how dangerous bargain hunting can be when it comes to their marketing, or with other purchases.

How Valuable is Marketing?

Marketing is what makes companies money. Marketing is how customers find companies and companies find customers. Marketing, in some manner or another, is the only way a company will earn a profit. Marketing should not have a net cost, but rather a profit gain. Marketing should be viewed as an investment, and not an expense. Seeking the lowest cost for something so value-driven seems like the absolute absence of logic. Looking for value, on the other hand, is brilliant.

Do People Really Seek Cheap Marketing?

Yes, a lot of people ask questions about the cost of marketing and rates for marketing-related services. At least that is what my website visitor logs show me. Perhaps you see the same in your industry. I am including a list of cost-related things people searched for and found my blog. Some of them are pretty amusing. People even found my blog searching to find how much it costs to join Facebook.

One of the first things a person in my field often hears is “how much will it cost?” I weed these out fast, because when cost is the question and value is secondary, usually the person asking fits into one of two categories as follows:

  • They do not have enough money to afford quality marketing. If they do not have the money to do things right, they will never be pleased … ever. It is the same kind of client who tries to tell the consultant what to do rather than accept the consultation they pay to receive.
  • They ask about cost because it is the question they know best. They assume that a lower investment comes with a lower risk, but this is really not the case. This assumption places the value equation completely backward. Without value, the cost of marketing does not matter. It is not worth it at any cost, and can often have disastrous results.

Similarly, in your line of work, you will likely find that if your prospective customers recognize the value of what you offer, they will often find a way to deal with the cost.

Marketing Value and Cost Consideration: Do You Buy Price Tags?

I have never bought a price tag, but I have purchased a lot of things with price tags on them. Sure, some people buy price tags … literal price tags. What I mean is whether you look at an item and decide that you want it and then look at the price tag, or do you look at the price tag to decide whether you want it. Think about your customers and how they may address this same question. Value-seeking customers will decide whether they want or need something, acknowledge that they want or need it, and then look at the price tag. Cost-seeking customers will look at the price tag and if the price is “right” decide whether it was something they were even interested in buying. They love to look, but they hate to part with money more than they enjoy what they receive in return. NOTE: For this customer, the “right” price is highly subjective to poor interpretation.

Cost, Rates, and Value: Lookers Are Everywhere!

Glancing prospects are very easy to lure. I can drag them in by the truckload. Just have a look at these recent searches people performed to land here at my blog, and then consider how many of these I will likely do business with. Don’t get me wrong, because I like when people ask about cost. It is a buying sign and tells me they are in the market. The fact remains that when somebody asks me about cost before understanding value, I normally tell them kindly that they are simply not ready for what I offer. What I offer is profit!

There are enough people asking about cost, but it is funny to find that a comparatively few people ask questions of value. Those are the people I want, and I hope you can see the value in this, too!

Note that my list of “What Cheap People Search For” is based on actual terms people typed into a search engine and clicked on my blog. I couldn’t make this up if I tried. You may not be as amused as I am, but somebody actually wanted to know “how much does a sheep cost” … really, a sheep. Darn, I don’t sell sheep. You can bet that if I did sell sheep, they wouldn’t be cheap sheep.