Jeff Walker MM Workbook PDF
Jeff Walker MM Workbook PDF
Jeff Walker MM Workbook PDF
Jeff Walker
Contents
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Exponential Growth:
How Jeff Went from $400 to Six in Seven
In 1996, Jeff was staying at home taking care of his two children after committing career suicide. He
had left his job as a product analyst at Motorola because he felt like a square peg in a round hole in
the corporate world. When his wife told him that she wanted to be home with the kids, he decided he
needed to go back to school. The only problem was, he had nothing to put on his resume.
Around this time, Jeff had decided he wanted to be a financial trader and was online connecting
with people in the market. He received a spam e-mail selling a product that taught about information
marketing. He printed out the lengthy sales letter, read it through, and decided it was worth $100 of his
$400 annual disposable income. He used the strategies in the product to develop a newsletter to put on
his resume, and sent away his applications for graduate school.
He was accepted and was on his way to a Masters in Finance in January of 1997. By this time his
newsletter, which had started at 19 friends and family including himself and his wife, had grown to about
1,000 subscribers. Three days before his first semester began, Jeff initiated his first product launch,
generating $1,600 in sales, including a sale all the way in Switzerland. He walked in to his first class days
later, and within 30 minutes of the lecture, walked out and never looked back.
Jeffs second launch generated about $8,200 and his third launch, in the summer of 1998, generated
roughly $34,000 in one week. At the time, it was more than he had ever made in a year. His business
continued to grow and by his fourth launch he made $106,000 in one week, his first six figures in one
week, or Six in Seven. Jeffs business has grown exponentially, and today he has been known to make
up to a million in one hour.
Twenty years ago if you wanted to send a direct mail campaign with a video, there were many more
challenges than there are today. You had to have the video made, at astronomical prices, pay to mail
it to your clients, and wait for all of this to take place, potentially losing weeks in the process. Today,
you can take your flip camera, record a video, upload to You Tube and send out an e-mail to your list
with a link to go check out the video, all within in minutes.
2. Authenticity
There is no reality in reality TV anymore. If something claims to be perfect, no one trusts it. People are
looking for the raw and the real, because in this new economy, it is a rare commodity.
People drive home from work and hit the remote to open their garage door, drive in, hit the remote
again and close the garage door. Theyre not connected to their neighbors; they dont have deep
friendships with meaningful conversations. They are desperately seeking that personal connection.
They are hungry to be engaged.
Low-Hanging Fruit
If you absolutely had to make a sale, as in you had to buy a medicine that costs a million dollars to save
your childs life and you needed that million dollars today and you had something that was worth a million
dollars, all you had to do was make that one sale, what would be your strategy to make that sale?
You need to build a list, engage that list, figure out what they want, and give it to them.
You would find someone that needed what you had and pitch to them, as opposed to blindly selling to
anyone. You would make that pitch face-to-face because you can read how well your message is coming
across and you can be more authentic. If you can engage someone and get feedback from them,
but can do it 10,000, 100,000, even a million at a time, that is the secret to the product launch.
Hey I just wanted to check in, this is Jeff over at your local Mazda shop, and I know a lot of people
are getting hurt by the current economic times. A lot of people will put off, you know, the basic
maintenance of your vehicle because maybe you are thinking times are tight youve got to save
some money somehow, but I just wanted to check in and let you know that we are still here and tell
you that really one of the best investments you can make right now is keeping your car in tune so
you dont end up with that huge bill. So I just thought I would put this video together, I am putting
together a few more of these videos in the coming weeks with some of the basic maintenance you
can do, stuff that will cost you nothing at all that will be completely free, you dont even have to come
in and see me I just thought I would let you know. Hope to see you soon.
The person on the receiving end will think, This is just a regular guy, he understands me. Youre
adding value, and telling the truth, which everyone already knows (if you dont tune up your car
youre going to end up with a much bigger bill) and youre still giving your customer a couple of
things that cost them nothing that might even prevent them from going there.
2. Farming Co-op
In Southwest Colorado, a group of people is creating a farming co-op, bringing the community
together, and growing a local food movement. There are a lot of people in the country that dont live
in a place where they can grow their own food, but would be touched by this story.
Just like in the Mazda Service Shop, you go buy a flip camera and film the cool stuff youre doing:
chopping down trees and using them to build a farm, running a portable sawmill, etc. Create a You
Tube channel, and even without a list, you will start to generate a list from your followers.
3. Lobster Fisherman
There is a company in Maine where fisherman are going out and catching lobsters. Anyone in the
world can rent a lobster trap and for X amount of dollars a year that is your trap. The fishermen will
put it down and whatever comes up is yours. They film it and can send you the videos to your home
in Seattle. You can be a lobster fisherman anywhere!
8
Use that traffic to build an e-mail list. Encourage your visitors to leave comments on your blog, so that
you start to create a conversation with the blog comments. If you add an e-mail capture feature to
your blog, you will also start adding to your e-mail list. At that point you say to your viewers, Ive been
hearing from a lot of you that you would like to see more, maybe a video? Maybe a book? Would
you be interested in something like that? Do you have any questions that I could answer for you?
Ask them to take a simple survey, which you can put together in minutes using free survey software.
Send that survey to the list youve created and youve started the conversation. People are so hungry
for attention, that in the simple act of asking them to take a survey about what they want, you are
building a relationship.
Its like diagramming novels in high school: you have one axis with Tension and one with Time. As
the novel goes on, the tension grows until you finally reach the last chapter and you find out who did
it and the tension reaches its peak and then it falls off at the last page when the book ends. First you
decide to do the launch and let your audience know, building tension, and then you give them some
information, which initially eases the tension, but ultimately grows it more as they want to find out
more information. They want to know how this is going to impact them and change their lives so you
solve their problems.
LAUNCH
3rd piece of
information
2nd piece of
information
tension
1st piece of
information
Time
When they make the shift from thinking what youre offering doesnt affect them, to realizing it
might help them, even a little, you build on that by giving more content, answering more objections.
This builds reciprocity and authority. You become the expert by knowing more about the persons
problems than they do and giving away great free information or products to help them.
Finally you get to the point where you introduce your product as something that can help your client
sustain the results long term.
10
The last five days of your 30-day process, start to focus on the product. Give an idea of what the
price is so that your customers can start to weigh out costs and benefits. Create value by tipping
their scales, so that in their minds what they get is a lot more than what theyre paying for. Three
days before the launch, add more information. Two days before the launch, add more information.
And on the final day, add even more information. Your customers already think you have a great deal,
and all of a sudden youre adding more. Youre creating the accumulative effect.
WHAT THEYRE
PAYING
WHAT THEY
GET
11
Jeff recently visited a Native American restaurant and had a very pleasant experience, not
because of any particular event, but because of the accumulation of all the little touches that were
presented throughout the night. Each menu had a hand painted landscape. Each prepared dish
had a story behind it that was told to the guests as they ordered. When Jeff went to pick up his
car at the valet, he received a handwritten note addressed to him personally, along with some
chocolates and bottled water.
Although the water and chocolates were very inexpensive, and the note took a very short amount of
time to write, they made such a lasting impression on Jeff. Often these extra touches are inexpensive
and take little effort, but they go a long way for you business.
Another way to grow tension and keep momentum is to bring stacking to another
level: stack launches. Just make sure you dont put out more than four stacks a
year. You need to keep your customers hungry.
4. Creating Deadlines
There are different ways to create deadlines, and not all work for every business. They key is to
recognize at least one way that works for you because deadlines make people act. Deadlines create
a must situation for people and only in this state, will people take action.
(1) Scarcity
Make the product available for only a certain amount of time. Explain that you only have a certain
amount of this product and once its sold out, its gone.
5. 34-Minutes-To-Go E-mail
On launch day, write a final e-mail to your list, from the heart. Its not a sales pitch, its instructions on
how to access your product. You want them to really understand everything theyre getting out of
this. Tell them not to worry, it wont sell out within the first couple of hours, and to take their time with
the letter. In saying that it wont sell out, you create intense pressure because youre producing the
inevitable question: will it?
6. The Walker W
Youve created a list, shot the bow, pressure stacked, used your momentum to add more value, sent
out your last minute e-mail and now your product has launched. The next step is to understand how
to manage your launch. Lets say you do a week long launch. (Note: Jeff prefers to do launches in
1-3 days because this avoids the beg-a-thon messaging for a whole week, but instead prefers to
always be selling from a position of strength. For the purpose of this example, we are going to do a
week long launch.) Build up the initial launch so that everyone is on-board for the first day.
A few hours after your launch, send the Social Proof e-mail, engendering that everything is going
haywire. Let your clients know that there is a lot of traffic going on, ask them to be patient, explain
that customer service is doing their best, everyones questions will be answered and we are going
to get through this. By adding the were all in this together idea, people stay on-board.
The next day write another e-mail, letting them know that things have settled down, the site is now
accessible, 98 percent of people are being taken care of. And in case you havent jumped on-board
yet, here is the link.
On the third and fourth day, drop additional content or bonuses. Finishing with a reminder e-mail of
their impending deadline.
The Walker W
Drop additional
content or bonuses
Sales
Day 2
Day 3
Day 4
Day 5
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Typically, in a week long launch, 25 percent of the sales will come in the first hour, 50 percent in the first
24 hours. The second, third and fourth days slow down with a spike in the middle when you offer more
information or products. The last day youll see sales nearly as big as the first 24 hours because people
are motivated by the deadline.
A lot of these techniques are plug and play, not all of it has to happen
every time and you can add different pieces with each launch. Its an
art, not a science, and with every industry and every company, there is a
different formula. The good news is that you could screw up 80% of these
strategies and still hit a home run compared to what youre doing now.
Once youre able to build a reputation through your launches you will
have immense power going forward: You wont have to put in the same
amount of effort because you already have the urgency built up and the
customers hungry for more.
14
Headline
Day 1
story
bullet points
offer
Day 15
LAUNch
Day 30
Headline: Start your process off with a headline as the first piece of pre-launch content, something that
will grab peoples attention and interest them.
Story: A few days later, start to tell your story. Release a video, audio or PDF report.
Bullet Points: Get the customer a little deeper into the story by creating a conversation. Tell them I am
considering doing this product, I am curious how this would affect your life, do you have an interest in
this area, what kind of questions do you have? People will start to give feedback and now you know
what theyre looking for and what their objections are. The secret to sales is answering objections.
Offer: Start to talk about the product a little, reveal the price.
Walk through this process for 30 days and engage people, get them excited. Add value and offer
information early on. You will create a relationship with your clients and ultimately have them desperate
to buy.
15
Notes
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2. What are two actions (one big, one small) you can take right now? What will you immediately
apply/change/do/decide today to make the biggest difference in your life?
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Notes
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2. Sequential Touches
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For example, when Jeff recently began the prelaunch for his new Product Launch Formula
2 course, he published a very powerful Video
Case Study of a man (John Gallagher) who
literally went from food stamps to having
a six-figure business. This was an extensive
Case Study that included a full interview
with John.
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5. Use Scarcity
Step Two:
Working with your Joint Venture partners:
A. Once you have your Joint Venture partners
on board you need to give your partners a
reason to email their lists when you are still
in pre-launch. Do this by creating some type
of content for them to mail to their list. The
content should be high quality, and it should
lead them back to your site so that they can
join your pre-launch list (this list is often
called a priority notification list).
B. Communicate with your partners throughout
the launch. Let them know whats coming
and why they should continue to send you
traffic. Keep giving them reasons to mail
multiple times. The easiest way to give them
lots of reasons to mail is by creating several
different pieces of pre-launch content,
released at different times.
7. Dont Be Afraid To Mail
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Notes
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