| Re: What is your spec assignment offer? -
04-10-2008, 06:21 PM
Kevin,
How about thinking a little bit longer term here?
Why not simply use this to get in the door?
Here are a couple scenarios to consider:
1. Small flat fee. Tell him what you'd normally charge for an ad and then show him the money he's saving because you feel there might be a chance for a longer term relationship. You want to minimize his risk. Even if you've already mentioned spec, you have a right to change your mind. How many clients have you ever had where they had NO skin in the game and it turned out well for you?
I'm still looking for my first one of those...
In my opinion, your time is too valuable to write on spec when you don't control any other part of the process. Who buys the ad? When does it run? Where? What's the positioning, etc.? All things that could kill your chances of making any money.
So consider a flat fee. After all, you really don't have any idea if your copy is going to boost conversion or sink it...
But he should have some skin in the game.
2. RESULTS ONLY. You get 100% of the take. He gets all the new customers. PLUS you write him a customer retention letter to get those new customers BACK into his office. HE gets the money from then on out. (He'll like you after that.)
Ask him how much his customers are worth to him?
If he knows, that's a good sign he's smart. If he doesn't know, that's a REALLY good sign, because you're about to show him and that makes you look REALLY smart.
3. Flat fee + a condition... no results pay on this ad. The condition is that if the ad works, you get to write a client reactivation series to his old customers. And the letter series is going to sell a PACKAGE of services that you help him design. Maybe like a 10, 15 or 20 visit package. You get a hefty percentage of the ones you reactivate... (Some people make this their ENTIRE business... they move from town to town reactivating old chiro or dental clients) That's found money to him. He probably wasn't going to do it either.
There are a lot of ways to slice it. But I've never gone wrong thinking of the 4th sale even before I've made the first one.
Good luck! Jason Leister "On a scale of 1 to 10, I give it a 15."
-Jim Straw, Mail Order Legend
Last edited by jleister; 04-10-2008 at 06:22 PM.
Reason: typo
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