The proof is in the pudding!
I thought I would share with you how I became so convinced that a newsletter is an awesome marketing tool. Back in 1980, I was managing a bicycle store. In those days, bicycle clothing was not very popular. In fact, if you had seen someone wearing the tight black shorts, you would probably have thought that he or she was a professional racer. But being a cyclist myself and knowing the benefits of the clothing, I wanted to find a way to communicate those benefits on a large scale. So guess what? I wrote my first newsletter about the benefits of bicycle clothing!
In addition to our customers, I also mailed the newsletter to the mailing lists of all the bicycle clubs near our store. Our sales skyrocketed, and three years later, we sold more than $100,000 worth of clothing—a huge amount, even in today’s dollars. Needless to say, I was sold on the power of newsletters as effective marketing tools.
Several years later, I was working for a national franchise. I was still known as the newsletter guy and had the responsibility of putting out the company’s monthly newsletter. Now check this out: Whenever we had a prospect contact our company with interest in a franchise, I immediately put them on our mailing list. There were two franchise prospects that showed initial interest but went cold. However, they resurfaced about nine months later and ultimately bought franchises. We later learned that every month, these folks had been reading about our company’s growth and success, and finally they decided to be part of it!
The BIG lesson is this: Whether you sell a $20 pair of bike shorts or a $150,000 franchise, newsletters can play an important role!
