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sevenstrategies
sevenstrategies
Seven
Strategies
By Tony Shepher
All Rights Reserved © Hippy Marketing / Tony Shepher
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1
d
Maybe because they want to break through and income barrier and are
struggling to do so, or maybe because they want to achieve a certain income
figure while only working a minimum number of hours per week.
Sometimes they arrive because they’ve worked with other coaches and it
hasn’t worked out for them.
One of the first things I tell my clients is that keeping on doing the same
things in their business will continue to get the same poor results.
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It’s just a matter of finding out what’s missing and putting it in place.
That’s it.
So now you have access to these strategies you can either self-diagnose any
issues out your own business and instantly resolve them to make the way
clear for huge profits
OR you can use them with your own coaching clients (or set up a coaching
service) based it around these strategies
I promise you that if you DO base your coaching program around the
strategies in this publication you’ll instantly elevate yourself to the top tier of
effective business coaching currently online.
Incredibly well.
Yorkshire, UK
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Seven Strategies © Tony Shepherd All Rights Reserved
What you have here isn’t just a ‘do it yourself’ ultimate fix for your business.
These aren’t just strategies you can use to self-diagnose any blockages in
your own setup and (more importantly) free up your income streams and
cash-flow generation so you can earn as much as you want.
You can also you can use these strategies to set up your own high-level
coaching program to help others (and get paid a lot for doing so)
Nope, with these strategies you have the basis for a fully-formed, high-
level coaching program that you can use with high-level clients.
Seriously - the strategies you’re about to learn are NOT the norm.
They’re not the same old weak, commonplace methods that everyone and his
dog teaches.
These are strategies I’ve used to help people to earn hundreds of thousands
of dollars.
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If things aren’t going well with your business or you’re struggling to get it off
the ground there are obviously reasons WHY this is happening.
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Get some more. Buy some or construct an offer that encourages people
(affiliates or other marketers) to send traffic to you in return for a commission
or other incentive)
So (in the above scenario) if you realise you don’t have enough traffic, there’s
no point worrying about your price point or your sales copy headline, or
wondering if your product should be in PDF format rather than a video
course.
Fix that first and you’ll have a much clearer vision about what else is
gong on. That’s the first thing to identify in your client’s (or your own)
business.
To find out WHY that’s not happening you just need to look at where the
logjam is.
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So (back to our example) if you only get 11 views on your sales letter a month
it’s almost certainly that, right?
Whereas if you get 500 views a month and still aren’t making any sales then
it’s time to look at other things such as your sales copy, or your offer (value,
pricing etc) and whether you’re targeting the right audience.
If you find that you ARE making sales but are getting a crazy number of
refunds look at the value you deliver with your product or service and whether
your price point reflects this.
Find your weakest links - your biggest problems - and fix those and you’ll see
fast, profitable changes happen.
Just choose the one or more that solve your (or your client’s issues)
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Strategy 1
You Must Know What the
Business Is Intended To Do
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If you imagine yourself standing your car dealership it like a Greek God, like
you’re looking down at a Sims game.
Peering through the ceiling so you can see exactly how it works, what the
employees do, what processes are in place, how customer acquisition
happens, how the sales process operates, how the follow-up processes
happen, how the upsells and add-on services work, how the marketing,
advertising, overheads and a dozen other moving parts actually function…
Now imagine you can change things as though you’re playing the game on
your phone.
What would the effect on your profit be if you increased your prices by 5%?
How much more money would you make if you could convince an extra 20%
of your customers to take out an extended warranty or service plan when they
bought their new car?
Well the good news is that is EXACTLY what your online business is
Even better, it’s possible to automate most of the moving parts so your client
(or yourself) can spend your time playing the game itself (and it IS a game)
which is tweaking the variables to see how much extra money you can make.
Except you’ll be doing it all online while sitting at your computer with a coffee
or a beer.
The first thing to get your head around is how your Sims game - your
business - needs to be a complete system, and that you understand
exactly what you want it to do
Just like the car showroom, your online business will need a way of
locating leads, getting them in front of your sales process, making as
much money from them as possible and making sure you have a robust
follow-up process in place to increase their lifetime customer value as
much as possible.
If any of these parts are missing, you’re very likely not making much money.
And the majority of your clients businesses (and your own) should look
something like this:
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See how the basic business flowchart shown above could be the car
showroom in our example, or it could be an email marketing business, or it
could be a software business or a thousand others?
It could be your online business or your client’s business or pretty much any
business you can think of. It’s certainly mine
The main point is most successful businesses NEED the above features
at the very minimum, so make sure your client has them all!
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You can add sparkly bits and fancy bits such as social media, squeeze
pages, printed newsletters, TikTok videos, a YouTube channel etc
You can strike a deal with your doctors surgery to have your advert for viagra
printed on the back of their leaflets.
They’re all just PART of the main four blocks shown above.
Your YouTube channel might fit into the lead acquisition box or it might fit into
the follow-up box - it all depends on how you configure your business
But the thing to remember are that these are TOOLS, not the actual business
itself
A solo ad isn’t a solo ad - it’s a way of getting prospects to the very start of
your sales machine.
Your Aweber account isn’t an Aweber account - it’s your follow up process,
when you’ve written the autoresponder sequences of course.
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This is why I feel the urge to ass-kick clients who are obsessed with
platforms, software and social media - because they don’t see them for
what they really are - just technical parts in your overall machine
Just tools for you to use to achieve the goals in the four boxes.
I’m really hammering this point because you’d be amazed how many
people don’t ‘get’ what their business actually does or should do.
It’s not - the business is the four boxes in the flowchart above.
Big difference.
If you get your head around this, you’ll be able to plan out what the various
parts of your business does, what you need to use to DO those things, and
solve any issues with it.
Make sure you understand FULLY that your business must be founded on
these basic parts:
Lead Generation
Conversion
Retention
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Get your client to understand that and you’re already ahead of most so-
called ‘expert’ coaches.
How come?
Because you’d be amazed how many marketers I work with online who don’t
have a basic system in place to make money.
Often they’ll have a product and a squeeze page, perhaps a simple affiliate
program and a bagful of platforms, apps and software,
But these won’t work together or have a coherent function. Each part of their
business usually won’t be integrated with the others or have any sort of flow.
The thing is that all the above issues are REALLY EASY TO SORT OUT.
The issue is usually because the business owner has no idea of what
functioning parts he or she needs in their business, what function those
parts should perform or how they should work together.
So as I said above, if you’re reading this as a coach, this is the first thing you
need to look at when you’re working with a client - is do they understand what
their business is supposed to do, and do they have all the basics in place?
If you get to this stage you’re already in front of most coaches, and definitely
ahead of most wannabes.
Get your head around this chapter before you move on…
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Strategy 2
Focus on Marketing NOT
Creating
If you want to increase your (or your client’s income very swiftly) just get them
to stop DOING their product or service and start MARKETING their product or
service.
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This is the next biggest hang-up after believing that tools and platforms are
the business - believing that the product is the business.
Artists, writers an other creatives are a bloody nightmare to work with when it
comes to this.
They think that if they’re talented enough or prolific enough or start painting at
6am every morning that success - financial success - will find them.
It won’t.
But you could be the best product creator ever and STILL be broke.
You could be the best salesman in the world and STILL lose your house.
Not by a long way, yet they’re the most successful burger place.
Starbucks certainly don’t make the best coffee but last time I looked they’re
were credited as being the most profitable fast food place on earth.
It’s because they both have amazing systems and processes in place to
handle the basics (see the flowchart in the last chapter) which get them leads,
convert them into sales and retain and/or maximise those customers.
If you’re reading this as a coach you’ll certainly come across people who are
very precious about their product.
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And there’s nothing wrong with that - I’m damn proud of the products I create.
But quite honestly you could exchange ALL my products for similar
ones created by other marketers (or affiliate products for that matter)
and plug them into my system and I’d STILL make more or less the
same amount fo money.
So if you get a client who raises their product to the heights of a religious
icon…give them a quick slap.
Taken down to a basic level, if you’re a coach you must get your client to
understand that it’s not about the product it’s about what the product can do
for the customer, and how it’s positioned.
You just need to watch Dragon’s Den or Shark Tank to realise that there’s a
big difference between having a product and having a business.
How many times have entrepreneurs presented a new brand of coffee made
from the earlobes of Bolivian squirrels, or a shampoo that only works for
ginger people and the Dragons say - You have a product not a business!
You must also have systems and processes for getting it in front or people, to
get them to buy it and to then maximise the profit you make from that same
customer in some way.
You can have the best product, be the best artist, the best dentist, the best
ghostwriter in the world, but if you can’t get that product out to your particular
audience, no one will ever get to experience how wonderful it is or you are.
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It’s fine to focus on the product - that’s what I’m dong right now as I write this.
But make sure you focus MORE on how you’re going to make a profit
from it.
I have a very definite plan about how this product will be marketed, how it will
be priced, what any premium option will be, who I will offer it to and how I will
make additional sales off the back of it.
You or your client can’t place more than 20% of their focus on being a
product creator if they want to make a serious profit.
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Strategy 3
You Must Know the Numbers
I had a client not too long ago who sold ebooks and courses.
His prices were horribly low but I really struggled to get him to increase them
by more than a few quid.
He used solo ads and Facebook ads and they converted quite well for him.
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One evening I sat at my desk with a glass of wine and opened a spreadsheet.
I looked at his prices, his conversion rates, his ad spend and his sales
figures. Took me 30 minutes at most.
I worked out that even if he doubled or even quadrupled his sales, his
business could NEVER EVER make the amount of money he wanted/
needed to earn.
His prices were too low, he didn’t have enough offers to present to his
customers and he was spending too much on unfocused ads.
His business could never provide his required income in its current form, in
the same way that as a big hairy bloke I’m never going to give birth to twins
unless I have some pretty radical surgery.
And that - at its most BASIC level - is why you MUST know your numbers.
(We sorted out his problem by increasing prices, and introducing some
higher-ticket affiliate offers for him to promote while he worked on new
products)
If I want to know what I need to earn every day (on average) to make a
quarter of a million dollars I can just put in $250,000 and it will tell me.
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If I want to earn $500,000 a year I just input that number and out pops the
figure I need to earn as a daily average. My business expenses are included
so I just have a daily target to hit and keep on track to earn that half million.
Now because I know my figures I also know how many sales I need to make
to achieve this. Maybe I have to sell five workshops a day, or acquire just one
new email coaching client, or a combination of them.
But the point is I know it’s possible and I know what my targets are.
I can open a spreadsheet and tell you the exact amount of money I earned
yesterday (I can’t do it for today yet because I’m still earring but I’ll know
tomorrow morning)
I can tell you what I earned this week, this month, and so far this year
I can tell you how it compares to last year or the years before that.
I can tell you right now that my income is UP by around 30% on last year
already.
Which ones have made the most sales this week, this month, this year, last
year
I can tell you how my squeeze page converts and what the lifetime value of
each of my customers is.
You can get ALL the above information from the same platform I use
(ThriveCart) who are currently running a lifetime deal with a HUGE discount
which means a one-off payment then nothing else.
Get the Pro version for all the features. It’s the exact same one I use.
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*(Disclosure: It’s my affiliate link but ~I fully recommend it because in my opinion it’s excellent)
I know my conversion rates, email open rates, my solo ads profit rate, my
break-even points, how much I can spend on getting a new customer and a
dozen other things.
If he buys solo ads or uses FB (for example) ads he needs to know how
much every ad costs and how much profit (or loss) he makes from them?
He needs to know about his average customer lifetime value because then he
knows how much he can spend getting a customer
If I spend $500 on solo ads but from those solo ads I typically acquire 5
customers who spend a total of $1000 on my products, upsells and
subscriptions then I’m happily in profit.
For me it’s basically about looking who arrives (opts-in Tony list) from a
certain number of solo ads or ad spend (you define your own criteria) and
then checking out how much they’ve spent with you over a certain period.
Your client (or you) need to know whether you’re in profit or not.
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You have to know that your income is more than your outgoings, or if not
WHY not
Tracking these numbers can also show you which parts of your business are
not functioning well, or at all
You also need to know how much you can spend to get a customer (including
if you pay affiliate commissions for referral)
You need to know your business is growing year on year, or if not WHY not.
I’ve worked with people who have done quite large launches that bring in a
hefty chunk of change.
But when we look at the expenses from the launch - paying affiliates, JV
partners, product creators, copywriters AND take into account that there will
be no income for the next 3 months while the marketer works on another
launch…that over the fiscal year he’s made a significant LOSS
But I can tell you this - once you get into the habit of knowing and recording
your numbers, it’s bloody exciting to look at your numbers every morning and
add them to your spreadsheet…
..because it’s not just numbers…it’s MONEY at the end of the day.
And discovering that you made $5,998 yesterday is a nice feeling, especially
when there was no launch involved.
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If you’re working with (or AS) someone who doesn’t know their numbers,
you’re going to have serious difficulty moving that business forward for
various reasons.
One of the first things you need to do with a client is to plug the holes.
By this I mean finding out why leads or customers are leaving your business,
or not buying, or not staying in your continuity longer.
If you don’t know how an aspect of your business is performing (or under-
performing, you can’t improve it.
Work on knowing the numbers either with your clients or in your own
business. It’s game-changing.
In fact one of the first things you might want to think about for your client (or in
your own business) is how much you want to earn and what that would
look like on a daily weekly basis.
For example if you want to make $10,000 a month that can come from 103
sales x $97, 34 sales x $297 or 21 sales x $497
This is a good exercise because when you suddenly realise you'd need to
sell 589 x $17 ebooks per month (or 20 sales every day) to make the ten
grand it's a good incentive to work on increasing your prices and adding
upsells and premium versions :)
When you know your numbers you’re in control. Your client will thank you BIG
TIME in the long run.
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Strategy 4
Don’t Be Sloppy With the Detail
When the word ‘sloppy’ is used about business in the north of England it
basically means not paying attention to detail - sloppy workmanship, sloppy
service etc.
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You just had to look these items to know they were poor quality, looked awful
and dropped to bits after just a few weeks.
He thought he was going to get rich because they were so cheap to import
and the markup was so high (which was true)
And when I saw him a few weeks later he was shocked that he’d lost money
because he’d had just ONE sale, and that person demanded a refund.
He asked me why I though they weren’t selling and I just said ‘Would YOU
buy them?’
And some people actually believe this - the customers aren’t people at all.
I had a client who made a little over two hundred grand selling high canvas
prints online. His average price was $150 - $300 and to me they were bloody
horrible.
Pictures of sunsets over palm trees and dolphins riding the crest of a wave.
All very nice when you’re watching them with a rum cocktail in your hand or
sailing the Mediterranean.
But as a five foot square canvas print on your living room wall?
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They were well made, extremely well packaged and drop-shipped directly
from a print on demand service.
Just because I though they were horrible doesn’t mean other people did.
My point?
I have clients who come to me confused because their product or service isn’t
selling.
I take a look at the business and often discover the product is crap, the sales
page is crap, there’s no help or support for the customer, half the links are
broken and sometimes even the payment buttons for digital downloads result
in the customer arriving at the wrong page, or worse going somewhere like
Google.
There’s no worse feeling than paying $97 for a digital product and ending up
staring at the Google home page or a 404 error page because something has
gone wrong and that’s the default result. Worse, you don’t received an email,
download instructions OR an invoice in your inbox.
SLOPPY!
And you might think this is not too serious but it’s a REALLY common thing
that stops businesses getting off the ground.
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More importantly you must create good sales pages and have an
infrastructure that gives your customer confidence to buy from you again.
There is a very fine line between not being a perfectionist and understanding
when something is ‘good enough’ and cutting corners, leaving loose ends and
generally being sloppy.
In my experience anything that looks sloppy for your customer of client will be
detrimental to your business.
For example when I write my monthly newsletter I spend time making sure it’s
good.
But I don’t spend a week writing each one because that’s just not cost-
effective.
They can’t tell the difference between a newsletter that takes me four hours to
write, and one that takes me four days.
But if I launch a new product and chuck together the sales page in 20 minutes
without paying any attention to copy, positioning and headline, I simply
wouldn’t make many sales.
The customer wouldn’t buy because the sales page didn’t do its job.
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How come, if you’ve been involved in IM for longer than a few months you
can instantly recognise a newbie’s sales page, offer or product?
You can just TELL that it’s from an inexperienced marketer, right?
Even if they’re using a platform like ClickFunnels which levels the playing
fields and means everyone has access to the same design tools you can
STILL recognise a newbie product.
That’s intentional.
Both are extremely good in their own ways but many would argue that the
Rembrandt looks much more accomplished and is more visually appealing.
(Yes my sales page is the Picasso and yes I wish I could command his prices :)
The newbie who uses ClickFunnels is being SLOPPY because that platform
also builds stunning looking professional sites.
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He’s not taking the time to find out how the platform works to get the best out
of it, or perhaps he’s just lazy gets bored with creating sales pages and think
‘Yeah, that will do’
But they recognise that in order to sell, and deliver on that sale they can’t
afford to be sloppy.
Get it RIGHT.
This isn’t just about making things look pretty, it’s the difference between
making sales and not making sales - between success and failure.
And here’s the truth - if you’re anything like me, you’ll KNOW f you’re cutting
corers or leaving things half-done. You’ll be aware of it and feel bad about it.
You’ll instantly notice when something your client does looks wrong or
shabby. Nail them on it. Because it WILL affect their sales.
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Strategy 5
You Must Have a Well Thought-
Out Process in Place
If you’ve bought any of my paid content in the past you won’t be surprised to
see this here.
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I can’t tell you how much this changed my business, my income and my life.
I had a client who created his own products - video courses - and then
launched them on Warrior Plus.
He produced decent stuff - still does actually - and puts together about four
launches a year.
He gets JV’s on board, and collects the names of buyers and leads to add to
his list.
It’s the same model I used when I came into internet marketing and it works.
He didn’t like promoting launches for products he knew were poor quality, he
didn’t like being ignored by JV’s when it was their turn to promote his stuff
and he didn’t like having to create a product every few months to pay. The
bills.
Also exactly the same problems I found with this model and why I stopped
doing it.
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He wanted out, he wanted a model like mine and he wanted to earn more
money.
He already had half dozen launched products that could easily be converted
into evergreen products.
We increased his prices (he was very resistant to this initially) and we put an
email sequence in place that lasted for 120 days and offered all his products
in rotation to his list.
He wasn’t keen on the idea of opening and closing one product at a time so
we created a ‘catalogue’ page where buyers could see all his available
products and purchase any they wanted.
Personally I felt his sales suffered from this because opening one product at a
time recreates (to an extent) the scarcity and urgency of a launch and
conversions invariably increase.
The main thing was we put an automated system in place that started
with an opt-in page, went right through a follow-up process and even
recruited affiliates.
He can add new follow-up emails as he creates new products and best of all,
he’s not ignoring his old products once they’ve been launched as he was
doing previously.
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His traffic comes mostly from affiliates who send traffic to his sales pages. He
has exit pop-ups on each page to capture details of leads and it works pretty
well.
Now he makes sales of his own products even when he’s not launching.
You have no coherent strategy, no plan and you basically have little idea what
you’re doing one day to the next
Your income comes from ‘income events’ (Dan Kennedy phrase) and not from
a thought-out business process.
Well obviously the fine detail depends on your particular business but pretty
much ALL businesses need a system that will process leads, put them
through a sales process and the begin a (often automated) follow-up
sequence to upsell and cross-sell other products and services.
Once on his list he sends regular training videos about different aspects of
Forex trading and offers his course in the same email. The videos are clever
and always leave the watcher wanting more so his course sells well.
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So once a prospect opts-in to his list, the machine fires up and automatically
attempts to sell the prospect for several months.
Obvious this means that by tracking his numbers, the entrepreneur knows
what his average profit per lead is (some will spend a lot of money and some
none at all so average is vital) and therefore knows how much he can safely
spend on acquiring leads and still make a chunky profit.
That’s why your business or your client’s business needs a well thought out
process for ‘processing’ potential customers, starting at lead acquisition page
and lasting for as long as they remain a subscriber or reader.
I’ve seen marketers who reckon they have a system, yet they just blindly
send out an email every couple of days IF they remember.
They’re not sure what offer (if any) they’re going mail out and they don’t have
any sort of sequence or logical plan about what order products are offered in,
which content they’ll use, which pricing or discounts might be offered on
certain days…and so on.
But they’re usually more stressed and make a lot LESS money because they
don’t have a system - they rely on themselves to get things done, and human
nature being what it is…well that’s sometimes not the best plan :)
Having a process means that things happen in the background when you’re
working on your business or taking time off. Having a process is a biggie.
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Strategy 6
Beware of Using the Same
Strategies Everyone Else Uses
Out of Habit
They were on a secret mission so when they were torpedoed no one knew it
had happened or that they were overdue because no distress signal was
sent.
He says 1100 men went into the water and the vessel sank in 12 minutes.
The sharks appeared after half an hour and began to eat the men. There
were hundreds of sharks and they killed over 100 men.
By the time help arrived several days later only 316 men survived.
In the film Quint explains how the most terrifying par twas when he was
waiting to be taken aboard the rescue vessel.
Whether that refers to the fact that it kept him upright so the sharks could
reach his legs (lying flat on the water is one method of making yourself less
accessible) or the lifejacket restricted his movement I don’t know - the
character never explains.
But my long-drawn out and gory point is that just because everyone around
you is doing something, it doesn’t mean it works.
Men wearing lifejackets that were supposed to protect them were putting
them in grave danger in that particular rescue situation, yet they still did it.
MUCH less lethal but perhaps still dangerous for your business (or your
client’s business) is doing things that everyone else does JUST because
everyone else does them, without testing whether it’s the right thing for you.
And that can make it difficult to go against traditional knowledge in your niche
But it’s been proven countless times that BY doing things differently you get
different results.
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And when you consider that 90% of online marketers are currently BROKE,
it’s maybe no bad thing NOT to do what they’re doing ;)
I still get marketers laugh at me for some of the things I do - only opening one
product at a time is a good example, and so is not doing launches on IM
platforms with affiliates.
But they forget I’ve DONE them in the past and what I do NOW gets better
results.
I test.
I know my numbers, I know my model and this is what currently works best
for me.
Listen - I’ve been hired by marketers who appear (from the outside looking in)
to do big successful launches on Warrior Plus and JVzoo.
But they come to me asking for total confidentiality (which I ALWAYS give
anyway) because their launches aren’t making them enough money to
survive on.
Or they’re sick of the stress and inconsistency and they want to know how
I’ve been around for so long without needing to do launches.
I can usually recognise the marketers who are successful and those who
aren’t.
After a while you can just TELL with experience, and doing some quick maths
in your head.
So when I see newcomers doing the same things as marketers they think are
happy and wealthy (but are actually just surviving launch to launch) you can
instantly see why it’s DUMB to blindly copy what everyone else is doing.
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Yet I did this myself as a newbie - I started out doing launches but quickly
found it didn’t work for me and began to do things differently.
Now don’t get me wrong - some ‘industry standard’ practises DO work better
than others.
But you can be bloody sure I’ve tested these prices to make sure they convert
best.
I don’t know WHY they convert best, probably because when a customer
sees these prices they accept they are IM products and the familiarity is
reassuring.
What I know for sure is that they WORK and that’s all I need to know.
But if you undertake the same methods as everyone else in your niche, not
only do you place yourself firmly in the herd, but unless you test, you have no
idea whether you are doing the right things for your business.
And since the whole point of business is to make money, thats just dumb.
It comes down to knowing your numbers again, but there’s something vitally
important here too:
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So that includes stopping trying to chase business using the same strategies
as everyone else, stop pricing your products at the same level as everyone
else, stop writing your emails as though they’re aimed at 11 year old readers,
stop setting your prices depending on how other sellers in your niche price
their products…without testing whether it works for your business and
products.
But I’ve persuaded clients to write long emails when most marketers say this
will lose the reader’s attention.
I’ve shown clients how increasing their prices will result in them being
perceived as a more knowledgeable and desirable marketer AND will make
them more money.
It makes sense really, if you’re doing something you don’t like you try your
best to avoid it altogether at worst, or at best put it off until another time.
But if you’re doing something you’re good at and enjoy (often the same thing)
then your productivity and effectiveness goes through the roof.
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I love writing anyway, but the realisation that writing three PDF modules can
bring me $20,000 certainly keeps me tapping those keys :)
So look at your clients’ present systems and strategies (and your own)
And if you find things that you don’t know WHY you’re doing them, ask
yourself if it’s purely because everyone else does them.
If so, find other ways of doing them that resonate more with YOU or your
client, and test them.
Anton Kreil, for Goldman Sachs trader and Managing Partner of the Institute
of Trading and Portfolio Management dumped his smartphone for one that
only ‘does’ texts and phone calls and swears it is one of the secrets to his
success.
Finding your own way can take a bit of time and effort, but invariably it
produces better results because you move to a working system that is suited
to you, your strengths and your personality rather than trying too replicate
what some marketer from halfway around the world with a different outlook
and viewpoint thinks is ‘the correct way’
Your clients may be initially resistant to this, but the results are usually stellar!
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Strategy 7
Master the ‘How to’ Sub-
Processes in Your Business
For example, if you’re the kind of marketer who only wants free traffic, you
need to make bloody sure you know how to get it
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Sounds obvious?
I’ve come across numerous marketers who spend 90% of their business day
working on SEO to get organic traffic from Google.
Or making and uploading videos for their YouTube channel to get views, or to
increase their Instagram following to 500,000 people.
But I can’t
Because by the time I learn those skills I’ll be 108 years old and my business
will have gone under.
But in our example, the marketer who spends 90% of his business day
doing SEO is missing the point in a Big way.
It ties in with the previous points where many marketers think that driving
traffic IS the business.
Obviously it’s not - you have to do something with that traffic when it arrives,
which is why you need processes, follow-ups and a bloody big sales machine
in place.
So I buy traffic and as long as I can make a profit from It (which I can) I cut
out the entire part of my business which involves me working to driving traffic.
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If you’re spending 90% of your working day trying to SEO your sites to the top
of Google, or making YouTube videos to gain followers you’re WASTING a
shedload of time where you could be working on your business.
You can get back 90% of your SEO time by just BUYING traffic!
I was crap at it, but there wasn’t really another way to do it so I had to do it.
It took me bloody ages and the end result wasn’t very nice.
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Any coach will tell you that it’s a relief to be able to work on a business that is
actually operating rather than work with someone who is still at the building
stage.
Because if your client has been involved with internet marketing for more than
a few months and still doesn’t have a complete, functional working business
then something is wrong.
Not with the business - it’s fine to have a functioning business that struggles
to make sales - that’s what experienced consultants and coaches are there to
help with.
But in this day and age if (after months or years) the business hasn’t yet been
‘finished’ or ‘launched’ then the issue is much deeper.
So what I usually do in this case is work with the client to make a list of
what is still unfinished
And often these tasks have been holding up the business for months.
Let me tell you, my most successful clients (and me for that matter) would
have those tasks completed in four days maximum!.
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Which would leave the one that I personally wouldn’t outsource - completing
the main product video course - for me to work at all day until I’d finished it in
around 48 hours max.
Not getting results/not making money from your business is fine - that’s
what you hire a coach to help with.
You need to have a finished business (even if it’s not profitable) to work
successfully with a coach or consultant.
So with your business (or your clients) it’s important to be aware that there
are various How To sub-processes running.
As I said above these range from building sales page right through to setting
up membership areas for your clients continuity program idea.
It’s vital you know which of these can easily be solved by your client signing
up to platforms or hiring outsourcers (potentially everything if budget allows)
and this that would be beneficial for the client to do themselves, for example
writing their own emails creating their own videos to find their ‘voice’ and build
a relationship with their audience.
You might need to be pretty direct with your client if they’re focusing on
something that can easily be solved in another way that is holding up the
progression of their business.
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The seven strategies above solve 90% of my private client’s business issues.
The ones that they don’t solve are usually oddities like being afraid of spiders
so they daren’t work in their airstream trailer in the garden at certain times of
the year (yep real)
But what they give you is a starting point - a checklist of things you can go
through with a new client to see if those things are all in place.
The same goes if you’re using these strategies to self-diagnose any obstacles
or blockages in your own business.
They’re incredibly powerful and as a coach, they’ll give you the confidence
that you can handle pretty much any situation your client needs help with.
So as I said above, not only can they help you self-diagnose any issue with
your own business, but they can give you with another higher-ticket income
stream - as a coach - should you wish to go down that route
Best
Tony Shepherd
P.S. I’ve included some Bonus stuff below that I use, you might like it…
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BONUS
Quick-Fix Micro-Strategies for
Fast Results, and Little-Known
Hacks That Increase Income
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I use these ‘quick fix’ strategies with my clients (and in my own business) for
fast (and pretty bloody awesome sometimes) results.
If your customer opted into your list for a free report about affiliate marketing,
trying to sell them a course on Forex trading isn’t going to hit the spot.
If you’re not sure HOW to create more products like this, see the quick-fix
below:
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By ‘quick fix’ in this example I’m talking about the realisation of how well this strategy works, not the actual
creation of the product, although to be fait that only tales a few days at most.
And I soon realised that I could expand all the above examples into
products in their own right e.g. ’The Truth About How To Profit from
PLR’ or ‘Solo Ads Workshop’……and cover them in more detail.
This not only increased my product catalogue significantly but because they
were still in the arena of why my list had signed up in the first place, they sold
really bloody well :)
Look at your products and work out what aspects of that product can be
expanded into further products in their own right.
If you need a real-world analogy think about spin-off series such as Better
Call Saul that came out of Breaking Bad or The Bionic Woman that came out
of the 1970’s series The Six Million Dollar Man
I have clients who would want to kick my Yorkshire arse for sharing this
strategy because it’s SO effective ;)
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If I sell a $97 product I usually offer Advanced and Premium version sof the
same product at increasing price points of (currently) around $197 and $497
It’s very easy to do - adding myself in the form of email consulting for a limited
period delivers great value for the customer and is perfect for anyone who
wants personal help implementing the strategies in the standard product
Well if I DIDN’T offer the two higher-priced options my only sale price would
be $97 over (for example) 12 months for a standard workshop.
But if just 5% of those 500 customers went for the $497 option instead it
would add somewhere the region on $10,000 to my yearly revenue.
It would take my average sale from $97 per customer to around $117 per
customer.
This is incredibly powerful not only because you can add this to ALL your
products, but also because it means you can spend MORE on acquiring new
customers (solo ads, Facebook ads, paying affiliates etc) which in tun
obviously means more profit IF you know your average customer sale
amount.
Some years back in the UK the Royal Mail service issued shares for the first
time ever.
You had to register to be eligible to buy them and there were limits as to how
much you could buy.
My mate’s holding was now worth £1000 so he instantly sold £500 of them.
He now basically had £500 of ‘free’ shares invested and he had taken his
own money off the table.
You’ve got to be very disciplined to do this (and I’m not) but you get the idea.
Back to business…
I try to take my own money off the table as soon as possible and pass on the
costs to my customers (sorry guys but it’s good business sense)
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ThriveCart has paid for itself MANY times over in commissions I made from
recommending it to my readers.
Essentially it was free after the second commission and everything else after
that is gravy.
So I charged them.
I was wise enough to use a charge card that had to be paid off each month
rather than a credit card that could easily have got out of control.
But THEN my priority was to put products or affiliate offers into place solely to
cover these costs.
One affiliate link placed into all my products could cover my autoresponder
costs. One ad placed on my delivery pages could cover my Clickfunnels cost.
It’s fine to use your own money when you’re starting a business - most of us
have no other choice - but it’s vital to find a way to cover these expenditures
as soon as possible.
Get your own money off the table as soon as possible, and you’ll remove a lot
of stress from your life.
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You want to see a huge change in your own productivity and income or that of
your client?
Nope - it’s vital. If you don’t have a deadline for finishing a task you’ll be
doing it forever.
That’s why a marketer who has a launch in 10 days usually has everything
finished and ready to go by that date, but if you have no deadline to ‘build an
online business’ you’ll find it’s still unfinished after three years
As I started to create the product you’re reading I had a definite launch date
in mind and unless something very serious happens I’ll definitely hit it.
Set deadlines yourself and your clients deadlines. They night not like it initially
but they’ll thank you for it eventually.
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Being in it for the long haul means ne of my main priorities is turning as many
leads as I can into high-value lifetime customers.
You don’t need thousands of customers if you have just dozens who spend
$10,000 with you every year. I know because I have these sort of customers.
If you want any sort of longevity in your business, look after your
customers, keep your promises and don’t burn them for a fast buck.
Add your own voice to your products, give them your own style of delivery,
presentation or information.
Cultivate a persona that your audience resonate with so that if they want to
hear information about how to build a list or write an ebook, they want it from
YOU because of who you are and how they feel about you.
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This was counter-intuitive to me because I’m very much a ‘gut feeling’ person.
But thinking strategically has made me much more money than trust my
instinct.
We all fixate own ideas for weird and wonderful reasons, right?
My dad was fixated on the fact that ivy growing up the front of your house
would cause it to fall down (Or house is 226 years old and the ivy hasn’t
destroyed it yet)
My gran believed that eating warm, freshly baked bread (one of life’s true
joys) would give you stomach ache and it should be left until it was cold.
So I short, NONE of us can trust our gut feelings more than accurate
actual figures, numbers and results no matter how much we’d like to.
I get some clients who aren’t making as much money as they’d like - some
are making a loss in fact - and they don’t know why.
They listen to their gut feeling and usually tell me something like ‘My sales
have slowed after my first product so I have to create something new for my
list’
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Well absolutely, in most niches buyers like to buy and if you don’t create
something new they’ll buy from someone else.
But creating a new product doesn’t explain why sales from your first
product have died off!
Simple ‘gut’ logic might suggest that almost everyone on your list has already
bought it so you need a new product.
But if almost everyone on your list has bought it that means two things:
And secondly since it has proven to sell well already, you should consider
testing out an higher price to your new audience to maximise your profits.
This means you have a couple of strategies you could implement quite easily
to significantly increase your profits FIRST - much easier than creating a new
product for sure, so they should be the first things you do.
Look at changes, testing and tweaks you can make to your existing
setup before you add something new to your business.
There’s nothing wrong with following your gut, but make sure you strategically
priorities your decisions based on what issues need tackling first.
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This was s startling discovery for me, and it’s a great way to double your
client’s income in a very short time.
There was only one real argument against this - that I would piss off my list
and they would unsubscribe.
But when I thought about it, I was total comfortable mailing out three days a
week and THREE was an arbitrary number too.
Why wouldn’t increasing from ONE day THREE days piss off my list?
No one screamed and left my list any more than my normal unsubscribe
rates.
I just did more of what was working for me and made more money
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He put out one PLR package a month and made a nice profit from it.
Doing more of what is working for you does not have to mean scaling up by
the way.
It simply means focusing on the things that work and dropping the things that
don’t
If something isn’t working for you, give it a chance, give it some time and
work on it for a bit then dump it to focus more on the things that DO bring in
money.
That way you are working the same amount of time but making significantly
more income.
If you can do more of the stuff that is working for you AND automate it, your
profits really will go through the roof.
If your coaching program is working well for you think about group coaching
to do more of it without any more work.
If much of your income comes from webinars, maybe grab software that
automates them but gives the appearance of then being live.
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The reverse of this is that it’s not much good kicking a dead horse as my gran
used to say.
If some parts of your business don’t produce for you, seriously consider
dumping them no matter how much you WANT them to work.
You may love social media in all its varied forms and aspects, but if your style
of posting make you sound like a nazi, people-hating, know-it-all you’re not
doing your business any favours.
That’s why a breakdown - a pie chart is great - of where your clients’ income
(or your own) is derived from, is a great roadmap to see what you should
be doing more of.
Because not many people actually KNOW what makes the most money for
them.
I know business people who simple ‘assume’ that a certain product or activity
brings in the most money to their business, usually because they enjoy that
part more. Been there myself.
Getting them to DO this is sometimes difficult but the results can make YOU
look like super-hero as a coach :)
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To sum up…
The best ‘hack’ I can share with you EVER about coaching is this…
Or a career. Or a sport.
Because then you can put the following strategy into action:
In your clients’ business (or in your own) don’t try to see the operation as a
single thing.
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Once you free up any logjams, the money will begin to flow.
Don’t think of your job as a coach as being to get the business to make
money (the client should already know how they are trying to achieve that or
ideally, already have something own place, even if it’s not yet working well.
Best wishes,
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