Episode Title: Unlocking Hidden Profits with Mr. Marketing — Featuring Mark Newsome
Episode Summary: In this insightful episode of The Six-Figure Shift Show, host Debbie Longo, Executive Behavioral Coach, sits down with Mark Newsome—aka Mr. Marketing—to explore three low-tech strategies for helping brick-and-mortar businesses uncover hidden profit centers. Together, they talk shop, share strategies, and reveal practical shifts that can help business owners boost their bottom line in the next 90 days—without burning out.
What You’ll Learn:
Perfect For: Small business owners, brick-and-mortar entrepreneurs, and executives ready to take simple action steps that create significant financial impact.
Connect with Mark Newsome: Website: youcanmarketonlinenow.com LinkedIn: Mark Newsome
Learn More About Debbie: lifeinbloomny.net Follow on LinkedIn: Debbie Longo
Hi, my name is Debbie. Welcome to the six figure
shift show. This is title simple offline strategies
for brick and mortar growth. In this episode,
we sit down with marketing strategist Mark Newsome,
also known as Mr. Marketing, to uncover surprisingly
simple low tech strategies that help brick and
mortar businesses boost revenue by 25 percent
or more. Mark shares practical, cost effective
techniques. business owners can use immediately
to find hidden profit centers, create long term
repeat customers and grow without depending on
complex tools. As always, Debbie subtly waves
in expert coaching insights to reveal untapped
opportunities for growth. If you're a small business
owner looking to shift into six figure success
using smart, straightforward marketing tactics.
This conversation is a must listen. Now, Mark
gave me five topics. Small business owners and
service providers have to stop treating their
businesses like glorified one night stands. So
what is your response to that? Thank you for
allowing me to be a guest. But think of it this
way, ladies and gentlemen, you see this happen
way too much. I was guilty of it myself at one
time. So I'm not above the fray. If you don't
realize it. Debbie will share with you and I
will share with you. It's typically now, if you're
using traditional marketing strategies, whether
you're marketing on or offline, by the way, let
me make that crystal clear. Whatever your term
is, it's typically gonna cost you 500 % more
in upfront costs to generate a first -time customer.
Debbie, we've all heard this, correct? Here's
what I'm saying to you. You spend all that effort,
all that time, all that money, all the resources,
all the assets. You get a customer. And what
do you do? You drop them like it's hot and run
off and chase the next retail customer. That's
treating your business and service like a glorified
one -night stand. Well, you say, well, what's
the answer, Mark? You drill down. In other words,
once I get Debbie to trust me enough to purchase
from me, now I try to get her to repurchase.
I try to get her to refer. I try to get her to
come back more often. You're drilling down. This
way here, When she refers somebody, I'm leveraging
her trust factor to her inner circle, be it professional
or personal. If she says, hey, have you seen
this movie, or have you read this book, or have
you listened to this podcast, or have you whatever,
you and I are 500 to 1 ,000 % more likely to
take it seriously. Well, that's what you need
to be doing with your customers. Your current
customers have a tribe, an inner circle, personal
and professional. When they say thumbs up, people
listen and when they say thumbs down, people
listen. So don't just get a customer and drop
them and immediately run after the next retail
customer. This is a huge mistake and for a small
business or a small service provider, especially
if you're just starting out. And when I say just
starting out, Debbie, I'm not talking about your
first three months. I'm saying maybe you're 18
months into the journey. This is costing you
way too much money. I like to say it like this,
Debbie. It's almost like you're heating your
house with $20 bills and you got the window open.
You're gonna go broke really fast. So drill down
into those customers. You call it total lifetime
customer value. That's a term, ladies and gentlemen.
After this show is over, I want you to go to
Google and YouTube and say, what is lifetime
customer value? Watch a couple of videos, three
or four minute videos. You have the concept down
and then you start applying it. Very good. Thank
you. but what i'm hearing is this requires a
certain type of mindset so if i'm just running
to the next customer and i'm not focusing on
what i need to do for myself and what i need
to do for my employees because i help my employees
and my employees help me it's a two -way street
whether it is making goals or worrying about
myself or being selfish only caring about myself
and that's not a win -win that's going to be
a lose -lose That's something that's very good
and very important. And I think every salesperson
should try to really understand that if they
can, because I want to have a win win because
I want to make money. The company makes money
and then everybody makes money. And to me, that's
the bottom line is that I'm in business because
I want to make money. And if I'm not, then my
business is not going to survive and it's going
to go under water quickly. Let's discuss not
being victimized for using social media. What
do you think about that? What's your reason?
Ladies and gentlemen, here's the thing. Debbie,
you're on social media, correct? I'm on social
media. You should be rocking social media. But
ladies and gentlemen, I kind of partly blame
the guru and guruettes out there who are trying
to make being online and being successful online
sound like a snap and a piece of cake so they'll
say stuff like, you don't need a website. Now,
while technically that's true, Here is the caveat,
ladies and gentlemen. Don't ever forget this.
Unless your last name is Zuckerberg, you and
I don't own these social media platforms. I like
to say it like this, Debbie. We're glorified
tenants, and they're the landlords. It's like
sleeping on your in -laws couch. You never know
when they're going to come home and say, Debbie,
I love you, but you got to go. Now, when that
happens, where is that going to leave you? Homeless.
So if you're online, it's great to be on social
media, but ladies and gentlemen, you need your
own, I like to say spot, Debbie, for lack of
technical terms. I have a self -hosted blog.
So that means people can find me online and I
don't have to worry about whether or not I broke
some, inadvertently broke some rule. That happened
to me on a social media platform, ladies and
gentlemen. Long before I had my self -hosted
blog, I was humming along, creating content on
this one particular platform. And lo and behold,
one of my coaches tried to warn me. She said,
Mark, you need to have your own self -hosted
blog. I didn't want to learn WordPress, Debbie,
so I fought it. And I said, and one day I logged
in and it was a notice and said, your account
has been shut down because of violation of one
of the terms and policies. Debbie, they never
defined it. They never said what I did. They
just said, this is our platform, pal. You broke
the rule. You're out. About four months later,
they reinstated the account. I've never posted
any content to their sense. But the point I'm
trying to make to you, ladies and gentlemen,
you need your own opt -in email list and you
need to not. What you try to leverage social
media to do is to get people off those platforms
onto your own opt -in email list. If anybody's
told you email's dead, ladies and gentlemen,
run in the opposite direction because that's
nonsense. You need your own email list and you
need your own website, whether it's an e -commerce
site or, in my case, a self -hosted blog. Don't
get the free platforms for WordPress. They're
both free. Pardon me. I don't confuse people.
You have dot com dot org. I have a self hosted
wordpress dot com site. If you get dot org bottom
line, don't get the one at WordPress. It says
Mark Newsome dot wordpress dot. Don't do that.
Get your own self -hosted blog, which means you're
gonna need a domain name, registered domain name,
and then you and I stay in control. Ladies and
gentlemen, you see all these people on these
TikTok, LinkedIn, Instagram, X, they could wake
up tomorrow and their 500 ,000 followers on this
platform or that platform, gone. I guarantee
you in the time we're doing this podcast together
somewhere in the world, Somebody's had your account
shut down for the first second or third and final
time guaranteed So you and I have to remain in
control and the way you're gonna do that get
your own opt -in email list of subscribers and
Stay away from the free email providers and what
I mean by that. It's okay if they offer a free
trial But you want to end up paying for your
account so you stay in control. That was good.
Thank you so I want to be able to know my Ways
of advertising and understand it one hundred
percent and be able to protect myself i know
hopefully that nothing can really happen because
everything that i've done all the work i've done
with. Website social media that can go out the
window and i don't wanna see that happen i can
lose my business that way and that's another
thing that requires a mindset because to me.
That requires research if i want to do it myself
in not even if i want to pay somebody to do it
i really want to be able to understand what they're
doing and also one day they might like hand off
the platform to me and say you can finish it
or help me with it or something like that these
are all extra things that i want to do i don't
wanna depend on somebody else as even up to somebody
else to run my company. That just requires laziness.
And then a lot of times that will turn into greed
because then I just want more and more and people
to do things for me. So then I'm not doing anything,
but I'm making money and I'm making money off
these people. So then I just want to make more
money and then it turns into greed. So there's
a lot of situations here. Thank you for that.
Let me say one other thing because you touched
on something really important. I want you to
think about this. There are a lot of people.
I've noticed this on LinkedIn. It could be on
the other platforms, too, because I'm Primarily
on LinkedIn. I have an ex -account, but I'm not
as active. LinkedIn is where I'm at, but I wanted
to say, I said that to say this. Ladies and gentlemen,
all of the content you and I post on social media,
if they shut your account down temporarily or
permanently, that stuff is gone. Do you understand
that? You mentioned about all the hard work.
It's almost like you work for a company 20 years,
they fire you, you get no severance pay. You
get nothing. They just shove you out the door.
There are a lot of people I've noticed this with
the Millennials. They're only rocking social
media I've asked several of them that I've gotten
to know on LinkedIn Do you have your own website
and they say no and I asked why not and they
say I don't need it And I don't go any further
Debbie. I just think well, that's what you think
They are convinced their accounts aren't gonna
get shut down why they believe this I don't know
So ladies and gentlemen, it's imperative you
like she if you want to stay in control and be
in business then you gotta do the things that
business people and entrepreneurs do and one
of the things they do not do is set themselves
up so they're out of control. And if all you're
doing is social media, you don't have control.
You are playing musical chairs and sooner or
later the music's gonna stop and you're gonna
be caught without a home. Yeah, it's called the
social media addiction. How to systematically
generate 25 to 40 % more gross profits without
constantly having to add outrageously expensive.
for first time customers. What's your response
to that? Now this, ladies and gentlemen, you're
going to laugh when you hear this because we're
all familiar with this. First of all, as you
all know, if you don't know, you're going to
find out that first time customer, because there's
no trust factor. They don't know you and I, you're
glorified strangers. It's like you ever heard
the old saying, trying to get people to buy online
the first time they come to your website or first
time they hear you on a podcast. That's like
going to a social event, meeting a complete stranger.
and within 30 minutes proposing marriage. Now
you'll hear that just as ridiculous. That's exactly
what is the same concept of you and I trying
to sell somebody right out of the gate. You drive
traffic to a sales page. They don't know you.
They don't trust you. They don't know anything
about you. Other than the fact you're asking
them for money. Think about that. So I said that
to say this. Who has not experienced this, Debbie?
You drive through or walk into an iconic fast
food restaurant and you say can I have a quarter
pounder with cheese and strawberry shake and
they automatically come back with and say would
you like fries with that that simple six word
phrase just added an additional 10 to 40 percent
gross props because remember every day all over
the world somebody either walks in or drives
through this iconic fast food restaurant who
remain nameless but they all do it It's called
an upsell. Some people call it an add -on sale.
Here's the point. When they say, would you like
fries with that? 10 to 40 % of the people who
come through the establishment say yes. Now notice
what happened. They just sold you and I another
product at retail price, mind you. They didn't
have to go back on television. They didn't have
to do radio. They didn't have to do billboards.
They didn't have to do In a newspaper, you and
I were right there and they just made a logical
offer. Amazon does this all the time. For those
of you who shop on Amazon, you buy something,
they say, hey, if you like that, you might like
this also. That's called an ad on sale. Now,
before anybody sends you a note in the chat or
later on, they say, but I don't sell hamburgers
and shakes. You don't have to. You need to find
a relevant product or service. If I say to you
peanut butter, How many people you think would
say jelly as a response? So if you buy peanut
butter, you're probably going to get jelly. If
you buy jelly, you're probably going to get peanut
butter. So the point is, don't let them go somewhere
else to get the other product. You'll sell it
to them. If you don't have any additional products
and service, now you're getting into something
a little more sophisticated, but not difficult.
We call it joint venture and collaborating kind
of what Debbie and I are doing. Like for instance,
I don't have a podcast audience. She does. So,
I try to figure out a way to get on shows like
hers so I can get in front of her audience. That's
called leverage, ladies and gentlemen. In fact,
let's say Debbie and I are sitting across. Debbie,
do you have a favorite place where you like to
go get a mocha or a cappuccino or any of that
stuff? Let's say she and I are sitting in Starbucks
chopping it up and she says, one more. I really
like some of your ideas and strategies. I'd love
it if you came on my podcast and shared it with
my audience. And I go, really? Wow, I'd love
to. Do you see how i've gone from one to one
to one to many the same amount of time? The same
effort 10 times the results in terms of exposure
That's called leverage When you say would you
like fries with that or whatever the offer is?
And you got it ladies and gentlemen. Here's another
word that you don't hear a lot, but you better
start implementing it Testing now us fancy consultants
debbie. We call it a b split testing You offer
this, you offer that, and you gauge and you let
your audience, you don't tell your audience,
you ask them. And they will tell you, do they
prefer the pentamento peas or the Irish cranberry
sauce? Then you'll know. And if you don't have
these things, you collaborate with people who
have them. It's called the back end. So in other
words, I might not have the product, Debbie has
it, so she suggests, hey Mark. I'll let you give
this low -end front -end product of mine or service
away to your customers as an additional bonus
and it exposes her to new people rather than
her going out there running ads. This is a powerful
strategy that's right in front of your face.
If people are coming into your business or going
online on your business, if they're coming to
your website buying, you should have something
called an order bump. Order bump basically means
when they get to that Check out page. There's
a little arrow kind of going like this. We've
all seen them. They're saying hey, I got a little
paragraph get this extra little thingy and it's
normally a discounted price. You should have
either order bump on the page or if you're doing
it physically you have and pardon me. That's
my legs making this thing shake W. F. But the
point is you should have an additional offer
and let me just say one other thing because this
right here ladies it was a multi -billion billion
dollar opportunity. If you or any of what we
call your vendors, suppliers do mail order, you
need to have your market tested, extremely time
sensitive offer. I call it a profit booster inside
their outgoing mail. So when their customer opens
it up, they get what they ordered. And then there's
an extremely time sensitive offer from you via
them. So you're writing endorsement as well.
And they say, this is normally 89 bucks, but
I can get it for 69 or 59, but I gotta do it
by this date. Just like, would you like fries
with that? That fast food restaurant doesn't
get everybody, but you know what? They get enough
that the executives, their kids go to the best
colleges on the planet, they drive the best cars,
and they live in the biggest houses. Would you
like fries with that? And one other thing, Debbie.
This iconic fast food restaurant that came up
with this concept of, would you like fries with
that? And I'm not saying they invented it. I'm
saying they have perfected it. They didn't sit
on their laurels. They found a way to make an
additional 30 to 60 % profit. How? When you and
I say yes to would you like fries with that?
And by the way, when I say, would you like fries
with that? They might say, would you like an
apple pie with that? Would you like something
else with it? When they say, would you like fries
with that? And we say, yes, they come back with
two simple words, Debbie. And they say, supersize
you. Look what just happened. Bam. And again,
they're not discounting their price. They're
getting retail on the on the French fries or
whatever you want you and I buy and on the supersize.
One product led to two additional sales times
X amount of customers per day around the world
due to math, ladies and gentlemen. There I'm
off my soapbox, Debbie. That was good. I used
to manage stores and that was exactly what we
did. That made the company a lot of money, but
we worked on commission. So that is a lot of
extra money, too. Exactly. Really a win win.
I always like to say that you're a born salesperson,
which means that people that are in sales, really
good at sales, are born with liking to talk a
lot, used to Get used to talking to strangers
all of the key things that a salesperson does
being an extrovert something that introverts
do not do so that some of those qualities. You're
born with some you can learn but i really good
sales person a lot of times are born with those
qualities whatever industry you're in it could
be retail. Or a company executive position services
anything there's always something that's always
an additional product or an additional service
for something that i can offer why because company
does not sell just one thing it's very rare.
They sell more than one thing even if it's just
a little thing like a warranty or like an extra
serve small service like that but again. This
comes down to am i going to be dedicated enough
to the company and even to myself to go out of
my way to offer these things to my customers
which is takes a second to do but am i really
gonna do that and that's what i wanna ask myself
and if the answer is no. Then to me i wouldn't
waste my time on the job i wouldn't waste my
time doing that because that's just gonna be
completely waste of time if i say no then maybe
i could do something to try to say yes help myself
in some way motivate myself in some way educate
myself. But if i'm really gonna say no and i
really don't want to. To me it's just it's just
not worth it i might want to get a job where
just answering the phone or something that's
all i'm doing this is some qualities you might
not be able to control but there are a lot of
things there that just by changing your behavior
in your mindset. Can really make a difference
and it could be a matter of survival at that
point next topic is how to consistently generate
first time customers. for literally pennies on
the dollar without having to spend a nickel on
outrageously expensive traditional and ad campaigns.
In a sense now, this may sound like a contradiction
because the last one said, hey, you don't need
to do that. Now we're saying, hey, how do you
get first time customers without going in a hole?
I'm going to kind of go around robbing here,
Debbie, but we're going to bring it home. Ladies
and gentlemen, I want you to follow this. Let's
suppose Debbie runs a retail appliance store.
No, no, she's a jeweler. She sells some of the
best looking bling in town. Everybody knows,
but they think she's a little bit on the high
side. She's kind of got an upscale thing going
on with her clientele. First thing, she should
come on her podcast rocking a $5 ,000 necklace
and some $650 earrings, which by the way, retail
actually hard costs cost her half. but she sells
them at full retail. So when she's on camera,
the women, I'm telling you, the women are checking
her out and she's gonna get some DMs saying,
oh, I love your earrings, I love your necklace,
blah, blah, blah. So here's what Debbie does.
And this is what you should do if you're a retailer,
even a service provider. Every month, Debbie
holds a free drawing. So when you walk into her
store, she's got this cutout of this beautiful
$5 ,000 necklace and he's $650 diamond study.
In other words, she wants to attract her audience
to jump on her list. Why does she want to do
that? Several reasons, but here's the most important
reason. First, she's going to leverage your in
-store traffic. She's also going to leverage
her vendors and her suppliers. If her suppliers
are women. She's gonna offer them some bling
at cost like she might say you can get a $2 ,000
necklace for 50 % of the retail price on my hard
cause but you got to do two things and they're
like they're all ears what she says you join
my list my opt -in email list and Be when you
come to pick up your bling you drag a friend
with you who's at least 18 now They say Debbie.
I was always taught in sales and I'm sure you've
heard the same thing They say everybody in the
network marketing industry is notorious for this
everybody knows at least 25 people, locals. Well,
she's got the vendor and now the vendor's friend,
theoretically that's 50 people. Debbie knows
on average 30%, three out of every 10 of those
are gonna become customers either of hers or
her competitors within the next 90 days or less.
That's why she ethically bribes them to drag
a friend. Now when she does her free drawing,
here's what she does. She has two, get it, follow
this, ladies and gentlemen. Most have one grand
prize winner. No, not Debbie, because Debbie's
a really smart, sophisticated marketer. She has
two guaranteed first prize grand winners every
month. One male, one female. The gentleman can
win a $5 ,000 Rolex watch. Now here's the point.
Let's say she's been doing this for three years.
Her local list. opt -in email list after four
percent unsubscribed for whatever reason or x
percent doesn't matter she still got 36 ,732
people on her opt -in email list i'm just making
these numbers up ladies and gentlemen for example
purposes now here's my point she doesn't need
to go on outrageously expensive prime time radio
and prime time tv does she no she sends a series
of extremely time sensitive email messages and
she says hey we're about to put up a quarter
percent of our inventory on closeout meaning
it's going away and we got to make room for the
new stuff in order to really show how much we
appreciate you a being on our list and b being
a valued customer and c giving us testimonials
and b referring us new business if you'll come
into the store with a friend who's at least 18
you get x percent off come by yourself like say
she says you get 30 percent off no no 40 percent
off up to $3 ,000 or X. Come along, 10 % up to
$200. Now, if you're serious about saving some
money on some bling, Debbie, you know they're
going to take that second option. Drag a friend.
They're going to text, call, girl, you're coming
with me. I'm going to tell my boy, hey, man,
I'm going over here to check out this lady's
bling. She's having a closeout sale. She says
just for dragging a friend who's 18, I can save
even more. Come on, we're going. So here's the
point. This is what I want you to think about.
When they drag a friend, that's the same as the
fast food restaurant saying, would you like fries
with that? She's ethically bribing you to go
out there and save her money. Now here's what
I wanted to get at Debbie. I don't know the numbers
you've heard, but I know you've heard them. They
tell us in sales when you do, especially when
you do traditional, outrageously expensive radio,
local prime time radio, the drive by and all
that crap. No offense to the people who sell
that now. When I say the word crap, I don't mean
that derogatory sense. But the point I'm trying
to make is they say it's going to take between
7 and 21 what they call touches or exposures.
Ladies and gentlemen, I want you to take how
to calculate. Let's just split it in the middle.
Instead of 7, instead of 21, we're going to go
with 14 in the middle. If it's costing you $650
a touch and it's going to take 14 of them, Before
you generate that first -time customer so you
can always see you're in the hole She's eliminated
90 % of that because she said mark just for going
out and bringing me a potential new customer
I'll hook you up with a better price and some
more bling and let's say I'm a commercial real
estate broker I'm selling these multi -million
dollar properties Debbie sharp. She said mark
Want you to come into the shop with a friend?
She says and I got some special Rolex watches
the presidential watches over here and cost between
10 and 15 grand She says I want you to take a
look at these so I look at that $15 ,000 watch
that's whoo that is nice And she says I tell
you what because you brought a friend if your
friend you're up mark I'm already on her list
she says mark if your friend joins my list before
you to leave the store I will let you have that
$15 ,000 Rolex at my actual hard cause 50 % $7
,500 what? and she said i'm gonna do one better
you put up three thousand dollars down and then
you make payments what no interest i'm in now
here's the point when i'm out there showing these
multi -million dollar properties in the future
and it's summertime so i got on a short sleeve
shirt and i'm waving around my fifteen thousand
dollar rolex do you think i'm gonna get some
hey man i really like your watch where did you
get it questions and debbie tells me mark the
moment you send me three customers You stop whatever
the balance is that you owe me. You don't owe
me anything. Am I going to hustle a little bit
extra so I can get out of paying her the balance?
She just netted three customers, 25 people, 75
people times point three due to math people.
You see where I'm going? This is how you can
generate new customers for literally pennies
on the dollar. And if I'm married, which I'm
not, but got a girlfriend, she says, Mark. Have
your girl come in and bring a girlfriend. I'll
hook them both up with $3 ,000 worth of necklace
and earrings at my cause provided they join my
list and they bring a friend. Do you see how
she's building an army for pennies on the dollar?
Debbie, I hope they can see that. Yeah, thank
you. And that was a good point. So Unfortunately,
the statistic is the average person focuses mainly
on the first impression of the person. Like you
mentioned, watches and the actual statistic that
a psychologist will tell you. First impressions
are about, count for about 5 % of what you do,
the business that you do with the person, if
you're a friend with the person. Whatever you're
trying to accomplish the first impression is
a very small part of the encounter but we consider
a lot of that to be a very large. Percentage
and that's because that's the world that we live
in that's the environment that we're in and then
you also talked about networking so. That's very
important also. And I think that's another word
for what you were saying and you were talking
about upselling. So again, this, a lot of this
is based on your mindset. If you make money,
your company makes money and then your company
might give you a bonus. So it might, then it
goes back to you. I really want to think this
is good for a business owner or an executive
to really understand this. because they could
teach their employees this also. And they could
also teach their employees because they're the
ones that are running the company and they want
to make money. They want to make money for their
company. They want their company to stay in business.
So they could teach their employees what to do,
how to upsell, whatever the executives process
is going to be. They're going to teach their
employees that what's going to happen after that,
the employees are going to be more positive.
And then they're going to take that attitude,
that behavior home, and then they're going to
influence their family just from their boss wanting
to make more money in a positive way. How to
routinely turn expensive one -time customers
into an avalanche of long -term repeat customers
for a fraction of the traditional upfront cost?
This is one of my favorite, because it all kind
of ties into everything we're talking about.
Let's suppose I run mom and pop, in other words,
non -franchised local bakery. I'm competing against
the big names, one of them she named early on.
Here's how we're going to do that. Let's say
I have a plastic big gulp. You can buy whatever
you want, but if you get it in this big gulp,
extra large plastic cup, it's going to cost $11
.99. Now again, this is the concept, ladies and
gentlemen. Don't get hung up on the numbers or
the price and get the concept. Here's the way
it's going to work. First time Debbie comes into
the store. She buys she said i'll have an extra
large cappuccino and i'm supposed to be known
my little shop supposed to be known We got it
going on with the cappuccino. She's heard so
she wants to come in check it out for herself
So she buys the cappuccino for 11 .99 or x whatever
it is 7 .99. It doesn't matter when she brings
the cup back from now on she only plays 3 .99
or 2 .99 now if my cappuccino is halfway decent
or my gourmet coffee or my Cocoa or my iced tea
or whatever it is if it's halfway decent Where
is she more likely to come back to with that
cup as opposed to go and pay in retail every
time at the fancy? Franchise places a certain
percentage those people come back to me now I'm
not trying to make money off a large Cup of whatever
I want the back end. What do you mean mark? the
pastries, the donuts, the dozen bagels, and all
that. That's where I'm going to make the money
when she comes back. But I use that as a carrot
to get her to come back. Do you see how a printing
company could use this? A cleaning company could
do this? And when I say cleaning, I'm like, where
you get your clothes clean? Man, this is powerful.
And if you get the concept, you could go out
and give away, like, say, all the businesses
in my local area. that I know personally, I go
in and say, Debbie, when I come in here next
time, how many people in here are gourmet coffee
drinkers? She said, all five of us. She's like,
she runs a hair salon. She says, all five of
us love cars. I just give her the cup upfront,
give all five of them the cup. And now let them
pay the lower price when they bring the cup back.
Because I'm banking on the fact every day or
every other day, they're coming into the store
to get their large whatever. Ladies and gentlemen,
this is a powerful strategy. that if you're not,
and if we had time, let's say this was a four
-hour workshop Debbie and I were doing, we could
easily hook some stuff in the front of that and
the back of that and blow this thing out of water.
But this should be enough to show you that you're
potentially sitting on an untapped gold mine.
And if nothing else I said makes sense, Debbie,
I sincerely hope what I'm sharing here now makes
sense to your audience. So I get a coffee in
the morning at this one store and I bring my
cup because I'm eco -friendly. So I don't want
to buy cups and then throw things out when I
have nice mugs in my house. So I go to one store
and they give me a discount because I bring my
cup and it's a pretty big discount. It's like
50 percent. One day I was near another store,
which is very similar to that one. And I go in.
with my cup and they go, no, there's no discount.
And I was like, oh, really for bringing my cup,
I can give me any discount at all. They're like,
no, and I've never heard of that before. So I
don't go back there. It's that simple because
this is basic marketing. This is marketing 101.
This is literally like teaching a baby how to
walk. This is such a simple. concept to understand
and anybody could do this in any business it
doesn't matter what business you are just take
these businesses in this industry that we're
talking about and just insert your own and then.
You can do it that way you can apply it that
way and that will help because not only is it.
about the behavior and the way that the employees
act in the way that they care it's about that
i want to be able to have. Employees that are
efficient and positive and knowledgeable and
that does not happen unless i the executive or
the business owner is that way and i'm not only
teaching them that. I'm teaching them a way,
certain ways, different, whatever the business
is teaching them exactly. I'm going to take that
and apply it to the rest of my life, to the other
companies that I work in. And not only am I going
to give them a positive influence, who knows,
one day I might get a promotion, one day I might
own the company. You never know. So this can
go in a lot of different directions. We could
talk about all the directions and all these that
it could go into for a very, very long time.
But these concepts, these five discussions that
we have just had separate concepts are very,
like I said, very, very simple to understand.
But the question is, as a business owner and
as an executive, are you doing this because you
are the ones that are influencing your employees?
Your employee is not going to say, oh, I want
your company to have increases this month. So
therefore I'm going to do this for you. I've
never seen it. I've never seen that before. So
it's up to the company, the business owner to
understand all of these basic concepts. And if
they don't understand it, then there's a lot
of research, very easy, free things. that they
can look up, they could teach themselves, they
could get a coach, somebody like me, somebody
like Mark, and all these will help them, and
these things are very important. Thank you. That
was powerful, what you scared, because you're
really showing the macro, and I think most people,
they can't see the forest for the trees. This
is like super condensed, ladies and gentlemen.
If we had four or five hours or eight hours,
we could really, like she could hit it out of
the park, but I wanted to share something with
you. Every time a major brand, I'm just picking
a name out of a hat, Apple, They get ready to
introduce a new phone or whatever it is. People
are lined up around the block the day before,
hours before. If you're a local mom and pop,
non -franchised bakery, coffee shop, you show
up there early in the morning. Remember, we live
in the social media age and you pass out your
big gulp cups. The first one, you can sell a
first one at half price because remember you're
trying to bank on them coming back. So you say,
You show up, hi, I'm Mark's Coffee up the street.
What do you want? Cocoa, coffee, whatever you
got. You say, now when you bring this cup back,
we're just two blocks over there. Now you only
pay $1 .99. Now, first of all, all these people
sit out of there. Everybody probably doesn't
drink coffee, but the point is, they're going
to pull out their phones. They're going to start
hashtagging. They're going to let the world know.
So you're getting a first time customer for almost
nothing. You show them, you give them the cup,
tell them to come back, and they're going to
save a discount from now on. And number two,
When they take that cup to their tribe, job,
their own business, whatever, somebody's gonna
say, Debbie, what's the deal with that cup? She's
gonna tell the story for you. You don't need
all these fancy ads, but here's what I wanted
to share with you, ladies and gentlemen. I have
a question I call the magic question. Debbie,
is it okay if I periodically refer you new business
and customers? Sure. Did you hear that, ladies
and gentlemen? Did she hesitate? Did she say,
well, let me think about that more? No, now.
When you ask that question, ladies and gentlemen,
you don't ask this question of complete strangers.
It's people you already have an established relationship
with, like your vendors and your suppliers. So
you say, and by the same token, Debbie, as long
as it doesn't take away from anything you're
currently doing or will be doing in not so distant
future, are you okay with periodically returning
the favor? Sure, definitely. Ladies and gentlemen,
did you hear that? Not you heard her words, but
I'm going to translate this really quick. What
she is saying is, Mark, not only is it OK, but
I'm going to give you access to my current network
and my future network, which is going to be X
times better and more productive. You get access
to that, too. That's called the magic question.
Is it okay if I periodically refer you to a new
business? If they say what you have in mind,
you say, you know, I haven't worked out all the
details yet, but I just wanted to know if you
were open, I'll get back to you. If you need
help, there's at least two people you know to
reach out to. But the point is, that magic question
swings the door of opportunity to hinge wide
open. Take advantage. It's not about recessions
and all this stuff, ladies and gentlemen. No,
don't listen to that nonsense. You and I got
more opportunity out here than we're ever gonna
be able to take advantage of. That's a fact.
That was good, too. Thank you. So I always say
outside forces don't matter. It's all about the
mindset and it's all about your thinking and
what you really want to accomplish in life. And
I truly believe that I hold myself back because
there's no limit that I can do. And I feel this
pretty much for everybody. So I put my limits
on me and that's the way that. i succeed or i
don't succeed the business owners of huge businesses
the biggest businesses on this earth they don't
put limits on themselves they know that they
can do anything they want. The sky is the limit
and that's how they got to where they are but
that just depends on whether i can see that can
think that what my mindset is. and what i am
willing to learn how much i'm willing to educate
myself and this is the things that i do some
of these examples and then mark just explain
to you his side of the coin so if you take both
sides and put them together it's like super duper
when when and this is one of the reasons why
i do these types of things and we also mentioned
the networking and this helps marketing too.
That's what me and Mark are doing also, right?
Is that we're networking because he's going to
get on his social media to watch my podcast and
vice versa. And that's what we're looking for.
The statistic on the amount of people that watch
podcasts is over the top. It's like five billion.
It's unbelievable. It's completely over the top.
Think about if you want to take these things
that we talked about. as a business owner, as
an executive and put them together and truly
do something to help your company. And it will
always be a win -win. There wouldn't be any example
where there wouldn't be unless the company like
goes out of business, like somebody dies or the
place burns down. There's not, not a lot of things
that I could think of that would be a lose -lose.
This was a good conversation. So do you have
anything in closing that you would like to say?
You always have your doubting Thomas's. Ladies
and gentlemen, any of you out there convinced
any of this won't work, you put up the cost and
let me keep 100 % of the profit. That's my open
challenge to you. I've yet to have any takers
for some reason. That's what I was just going
to say. Thank you very much for your time. Be
well. You too. Thank you so much. It was my pleasure.