Page 101 - 123
P. 101

www.getwsodo.com
                                              www.getwsodo.com
                                                   the	mercy	of	a	man	with	a	hypothesis.	So	you	are	going	to	learn
                                                   and	apply	things	that	will	have	a	huge	impact	in	your	business.

               Dean	Jackson:	        00:06:49	     Here	we	go.	Let's	start	out	with	conversion	multiplier	number
                                                   one	and	this	is	a	mindset	that	drives	all	of	it	and	it's	to
                                                   understand	that	there's	five	times	more	money	in	the	long
                                                   game	than	the	short	game	and	act	accordingly.	Now,	I'm	gonna
                                                   clear	up	a	couple	of	things	about	what	I	mean	by	that	because
                                                   as	an	industry,	I	don't	know	if	you've	noticed,	but	we	sort	of
                                                   fetishize	this	conversion	process	in	the	first	14	days,	right?	We
                                                   kind	of	fetishize	this	traffic	and	conversion	instant	thing.	That
                                                   we	bring	traffic,	we	send	them	through	this	experience	and	they
                                                   get	to,	at	the	end	of	it,	that	there's	more	money	than	we	spent
                                                   to	get	the	ads.	We	consider	that	a	win	and	anything	other	than
                                                   that	we	kind	of	consider	a	loss,	right?	We're	very	focused	on	the
                                                   things	like	earnings	per	click,	as	you	think	about	all	of	the	things
                                                   that	we	talk	about	when	we	talk	to	people	or	we	experience
                                                   things	in	this	conversion	world.

               Dean	Jackson:	        00:08:02	     What	I'm	here	to	tell	you	is	that	there	is	five	times	more	value	in
                                                   the	long	term	follow	up	than	there	is	in	the	immediate	short
                                                   term.	I'm	gonna	show	you	some	examples	of	what	that	means
                                                   but	here's	the	overriding,	kind	of,	graphic	that	explains	it	all.
                                                   When	I	first	started	going	really	deep	into	lead	conversion	and
                                                   lead	management	back	in,	I	think,	1996	or	97	is	when	I	really
                                                   started	going	deep	into	this.	'Cause	we	were	generating	a	ton	of
                                                   leads	for	our	real	estate	coaching	business,	generating	leads	for
                                                   thousands	of	realtors	all	over	North	America	and	looking	at
                                                   what	happens,	you	know,	their	goal	was	that	they	would	run	an
                                                   ad	and	somebody	would	call	up	today	and	they	would	get	in	the
                                                   car	this	weekend	and	buy	a	house.	That's	what	people	were
                                                   looking	for	but	we	realize	that	that's	not	the	way	that	most
                                                   people	make	decisions	on	things.	Anything.

               Dean	Jackson:	        00:09:08	     I	found	a	company	that	does	this	on	a	enterprise	level.	They
                                                   were,	at	the	time,	and	may	still	be,	the	biggest	lead
                                                   management	company	and	they	did	something	really
                                                   interesting.	They	would	handle	on	a	big	corporate	level,	millions
                                                   of	leads	a	year	and	so	if	you	went	to	a	home	show	or	you	went
                                                   to,	do	you	remember	in	magazines	we	would	circle	the	reader
                                                   service	card	and	request	information.	So	you	go	to	the	home
                                                   show,	you	inquire	about	faucets,	for	instance,	and	they	would
                                                   manage,	on	behalf	of	Kohler,	sending	you	the	literature,	sending
                                                   you	the	information.	Same	thing	if	you	request	things	on	a
                                                   corporate	website	today.	So	millions	of	leads	across	all	kinds	of
                                                   industries	and	what	they	would	do	is	something	brilliant.	They
                                                   would	call	people	up	at	90	day	increments,	didn't	matter	what

               Dean Jackson (Completed  10/25/18)                                                Page 3 of 29
               Transcript by Rev.com
   96   97   98   99   100   101   102   103   104   105   106