There is almost no way that you haven’t seen them. Those mildly annoying commercials featuring the "Video Professor", touting his "educational" wares (they are on seemingly most TV channels dozens of times a day).
And while he’s been around for years, lately his ad, centering on a "How to Sell on eBay" course CD that he wants to send you, for FREE no less, has been particularly obnoxious, I mean, persistent…
So what could you possibly have to gain from taking a closer look at it?
Actually, a number of extremely valuable marketing tactics:
1) To start with, the mere fact that the guy has been around for as long as he has, and that his latest offering has been running for something like 9 months straight in a down economy, should tell you something: It should tell you that the ad is profitable. No one can afford to run a paid TV ad for long if the math doesn’t add up.
Lesson: Study ads (in any medium) that repeat unchanged week after week, month after month, year after year. They must be getting "it" right (product, offer, sales copy, etc.).
2) Now point 1) is doubly important because he is, as we already said, giving the eBay course away for free (plus "a small shipping & handling"). He is "Moving The Freeline" as StomperNet’s Brad Fallon would call it. Which must mean that the ad is effective by way of THE BACKEND sales, just as he actually states in the ad:
Enough people take him up on the free offer, and then later buy additional courses from him ("you’ll be SO satisfied, that you’ll come back for all your computer learning needs…"), that the ads are then profitable.
This is called "Lifetime Value of Customer". As long as it is higher than the cost of the TV advertisements (or your medium of choice) plus product, fulfillment, and overhead costs, you can make a profit. Bingo.
Lesson: "Move The Freeline" on the front end offer to get many more prospects into your sales funnel, then focus on the backend for your profit. It is MUCH easier to sell to an existing customer (even if all they have ever paid you is a "small shipping & handling"), than to convince someone from scratch.
3) The Video Professor’s forthright explanation for why he can afford to give the "lesson on eBay" away is the perfect execution of a so-called "reason why". You have to give people a good reason why you would either discount or give something away, lest they become suspicious, of either your motives, or of the quality of the product, etc.
His simple, colloquial "backend profits" explanation satisfies the viewer’s need for a reason why. And it’s actually quite elegant this way, though other reasons might have worked as well to some degree.
Lesson: ALWAYS give a "reason why". ANY reason is better than no reason. It’s simply how our brains are wired.
(In experiments, researchers have found that even a circular formulation such as "I need to make a copy because I need to make a copy" got better response/compliance from test subjects asked to let someone skip ahead of them in a copier line, than when there was no "reason why" clause in the request at all!)
4) Given that the eBay course is free…