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Striking 900 Number
Gold
How to use a profitable, client-getting 900
number in your business.
by Dr. Kevin Nunley
Looking for a new way to connect with
customers and prospects? A new way to extend your service and
make more profits? Try your own 900 number.
900 numbers have become a billion
dollar industry. They can be a remarkable source of income and a
great way to extend your expert knowledge to even more people.
With a little inside information you can tap into the 900 number
phenomenon to get your share of the tele-info pie.
Who They Reach
They are an excellent way to sell
information or entertainment. Many people, especially those
under the age of 30, are now accustomed to getting the
information they need quickly from new types of media. In large
numbers, they call 900 numbers that provide them with
up-to-the-minute information on a subject that is always
changing. This can include anything from weather, to sports
scores, to traffic problems.
The 900 number movement started in the
early 90s. Like most new forms of media, it got its share of
hucksters and bad press in the beginning. Things have changed.
900 numbers are no longer just for heavy-breathers and get-rich-quickers.
900 services are now a respectable option for all kinds of
businesses and professionals.
One of the longest running and most
successful 900 businesses is Tele-Lawyer (900-Tele-Law) where,
for $3 per minute, you can get legal advice on a variety of
standard issues.
Come to think of it, that's far faster
and cheaper than the hundreds my attorney charges for a quick
phone consultation!
What Kind of Service to Offer?
With 12% of Americans now calling 900
numbers (the same percentage, by the way, who surf the net)
there is a big variety in the kinds of people you can reach.
When starting your 900 number, the most important question is
what kind of service to offer.
Entertainment and information seem to
work the best. One woman I talk with recently has parlayed her
training in Psychology into a lucrative fortune telling number.
It's a blend of entertainment and information that is
irresistible for many.
Prospects respond best to numbers that
offer specific information that is too time consuming to get
from other sources.
Convenience is key. It might be
possible to get the information from the public library or from
a newspaper, but the 900 line is much easier and more immediate.
Marketing Your 900 Number
Marketing is another key factor.
Without consistent marketing, no one will know about your
service. Unfortunately, the cost can put you in the poor house.
Many new 900 number entrepreneurs start by running classifieds
in the daily paper. The cost can ad up in a hurry, so forget
about trying to reach everyone.
The trick, as with marketing any
product or service, is to carefully target a niche audience
that you can reach on a consistent basis through an affordable
form of media. Don't expect your marketing to work the first
time you use it. Marketing builds results through repeated uses.
Most prospects won't consider buying until they've seen or heard
your ad several times.
Getting Started
As a 900 number beginner, your best bet
is to use a service bureau. Your phone company provides this
service and can give you information on costs and how to get
started. With their "premium billing," the phone company handles
collections for you.
This can be a huge burden off your
shoulders. People are far more likely to pay their 900 bill when
it appears on their phone invoice along with their other calls.
The typical service bureau fee is 10%.
As a 900 number entrepreneur you are
not tied to an office, or even your own hometown. You can update
and monitor your 900 business from anywhere in the world!
There's no reason why you couldn't run much of the day-to-day
details from your fishing boat or other job.
Smart Alternatives
Some people find it is best to forget
about making their 900 service a big profit center by itself.
Instead, they focus on how the number can add to their other
business by providing immediate information to customers and
prospects.
One expert in self-publishing got so
many calls from would-be writers that he eventually installed a
900 number and charged inquirers a nominal fee. Another
consultant, not sure she could provide satisfactory information
to everyone who called, discontinued her 900 service and simply
took a credit card over the phone from those she helped. A
copywriter had an extra line put into his home and installed an
answering machine with a five minute mini-seminar on a new topic
each month. He included the number in all his advertising.
Whichever approach you take, the
telephone is an important and extremely powerful part of our
daily lives. Don't miss out on its ability to make profits and
work marketing wonders for your business.
Kevin Nunley provides marketing advice
and copy writing for businesses and organizations. Read all his
money-saving marketing tips at
http://DrNunley.com/ Reach him
at
kevin@drnunley.com
or (801)253-4536. |