Fred Gleeck, Marketing and Promoting Seminars Expert

 

Enhancing Your Image as an Expert

Establishing yourself as an expert will make it easier to get people to attend your events. The more visible you are in your marketplace (everything else being equal), the better the chances you’ll have of getting people to register for your events and to tell others about them.

Here are some specific things I recommend you do to establish yourself as an expert. You may or may not be able to do all of them, but you should do as many as you can.

Writing a book
If you have written a book on a topic, you’re the de factoexpert in the field. A book can help you in so many ways. I consider it the most important single thing you can do to establish expertise and help build your business.

You may see clearly that you needa book but feel uneasy about trying to write one. You may think you don’t have time or that your writing isn’t good enough. You can solve these problems in a number of ways. Contact our sister company, Publishing Profit, Inc. (www.publishingprofit.com) for help finding a ghost writer or an editor or even a writing coach.

If you want more information about how to put a book together, pick up a copy of one of my other books, Publishing for Maximum Profit.

Generating publicity for yourself
The more often you appear in the media, the more people will look at you as the expert on your chosen topic. Look for ways to generate press for yourself. The resource section of this book suggests a number of ways you can go about increasing your publicity.

Posting messages in user groups
There is at least one Web-based news group for every industry. You should be a member of these news groups in any case because it’s a great place to listen in on what your customers and prospects are thinking about. You can post your thoughts and ideas on these user groups and become a part of the conversational flow. Pithy remarks with substance in your field of expertise will get you noticed.

Be careful here, though. Anything that even faintly resembles advertising or self-promotion may well be viewed by other members of the group as impolite. You can spend a lot of time undoing the personal damage for being imprudent on a user group discussion board. This is a place for you to provide information. Promotion will naturally follow and usually take place in private email exchanges with interested members of the group who find your insights useful.

Scouting trade shows
Just as it is important to attend seminars and workshops where your target audience is learning about your topic, so it is vital that you attend the major trade shows in your field. You can learn a lot at a trade show. You can also make valuable contacts among people who are possible suppliers of information or products and services as well as prospective attendees. You can scout out potential outside speakers. You can collect all kinds of free literature and even samples you can use later to augment your present understanding of what’s going on in your area of interest.

Trade shows are generally a very sound investment of time and money.

Attending other peoples’ seminars
If you’re going to be in this industry, you’ll have to attend a lot of other peoples’ seminars to build your knowledge base.

For example, some of my major markets are authors, speakers and consultants. I try to attend the major trade shows and seminars in each of these fields. You have to be selective or you’ll be spending all your time and money attending these events. Be selective, but go.

Attend seminars where you’ll both learn a lot and find good prospects for your products and services. The key at these events is to ask great questions strategically and contribute “brilliant” comments early in the event. Look for your opportunities and pounce on them. People will come up to you at the breaks and ask for your card and contact information.

Networking with the movers and shakers
Find people who are the “in crowd” in your market and get to know them. Befriend them. Find ways to help them and they will in turn help you. Try this easy technique with people with whom you wish to ingratiate yourself. Go up and introduce yourself and ask “How can I help you?” By pre-empting the conversation and making yourself the one offering assistance, you make yourself a very popular person indeed!

 

The Single Most Important Formula in the Seminar Business

The most important formula in the seminar business is:
TR = SR + PS + CB

Total Revenue equals Seminar Registration + Product Sales + Consulting Business

Two of these items can easily be tallied immediately after your event. The dollars that come in from consulting work that you generate may go on for years after you do a seminar. Nice!

Seminar registration is the total number of dollars you generate from people who attend your event.

Product sales are orders that come in at your event and at any point after the seminar from those who attended your event to begin with.

Consulting business comes in over a much longer period of time. It is also the item that can be your biggest revenue item. Not long ago someone attended a $297 seminar of mine. They then bought the $777 package at the seminar. They then called up two months later and asked how much it would be to consult with me for 3 hours every month.

Understanding this formula is the difference between profit and loss in many cases. The uninformed observer will often conclude that you’re not making any money when they show up at the hotel where you are giving seminars and count the number of people who come through your doors.

They are not computing the two additional factors that are so crucial to your long term success. The sale of products and the future consulting business that results. Registration dollars come in immediately. Product sales come in immediately for the most part. True, if you market correctly, orders for products should come in for the foreseeable future. Consulting business might come in forever.