The Audio Business Card
July 31st, 2008 by Alan Cowgill
We’ve had some questions about the vinyl holder for the
cassette tape and literature so we thought we’d look at that
this month. These are also called Audiocassette Albums,
Clamshells, Audiocassette Holder, or Audio Business Cards.
This impressive, convenient marketing tool keeps your tape and literature together. Just the fact that it is so nicely
packaged gives the perception of value and people are less
likely to throw it away than just a letter or a cassette by
itself.
The outside of the holder has a see-through sleeve. You create
a cover with your company information, logo, and so forth then
slip the cover into the sleeve.
On the inside of the holder on one side is an indentation that
holds your cassette securely in place and under that is a slot
for your business card.
The other side is a bookwell that holds several pages of
information. The bookwell is about 8 1/2 inches x 5 1/2 inches
so we create our literature on a regular 8 1/2 x 11 page,
landscaped and folded in half to make a booklet.
We hand these out at luncheons and they can also be
conveniently mailed to lenders who are not able to attend.
They are also impressive marketing tools to hand to lenders at
one-on-one meetings.
You can use a white or black holder. We prefer the white holder because of the crisp, clean look.
This is one of those marketing items that can be created well
in advance of your luncheon. And, you don’t have to be
concerned about having more than needed for a scheduled
luncheon. In fact, it’s a good idea to have several on hand at
all times to use anytime you meet someone new who might want to
take advantage of your awesome program.
Let’s look a little closer at each piece of the audio cassette
holder.
- Cover
- Cassette
- Business card
- Literature
- Cover
You can create this yourself or you might choose to have
something professionally created for your company. When I
started out, I created this in Microsoft Word by going to Page
Setup and selecting legal sized paper (8 1/2 x 14) with
landscape orientation. Keeping in mind that this would be
slipped into the audiocassette holder clear cover sleeve, I put
the back cover information on the left side of the paper and
front cover information on the right side. I used our company
colors, my photo, a little biographical information, a little
background about the company, and brief highlights of my
program.
The focus with the cover it to make it visually attractive and
the text intriguing enough for the lender to want to open it
and learn more. Don’t try to put the entire program on the
cover and fill every inch. Leave open space. This will draw
their eyes to the specific points you want them to see like:
“Tired of earning 2% interest on your CDs?”
“Learn how you can earn 15% interest on your
investment dollars!”
The purpose of the attractive cover is to get them to open it.
Clearly stating your program’s major features will cause the
lender to want to learn more and open the holder.
Initially, I printed these out on my color laser printer and
slipped them into the cover myself so I know you can do this
too if you care to. Now I have the office staff take care of
this task. Of course, you are welcome to use my cover included
in the course as a template and insert your own information.
That would be a great time saver.
- Cassette
You can make your own cassette about your program; however, we
use a pre-recorded cassette that we purchased from Ron
LeGrand’s organization. It clearly explains the program in an
entertaining manner. Lenders can listen to this at their
leisure at home, in their car, or while exercising and using
headphones. People like cassettes and almost everyone has
access to a cassette player. Tapes are fun and interesting and
this one is packed with information about the benefits of
private lending.
Like with everything else in life, you can make more money if
you leverage your efforts. If you have the skills and equipment
to create your own cassette, that is your choice. I just find
that it is more cost-effective for me to use something that is
already available in this area and I spend my time buying,
rehabbing, and selling houses, talking to private lenders, and
making money.
- Business card
The audiocassette holders we use also have a slot for your
business card. If you are one of those “I BUY HOUSES”
entrepreneurs, you may have wild, bright orange or lime green
cards or the card that looks like a $100 bill or something
else equally jazzy. These are for the buying/selling side of
your business. They are NOT the kind of card to use for the
private lender side of your business!
You are reaching people who are used to dealing with bankers
and are usually professional and conservative. If you give
them a wild business card, it will have the opposite effect of
what you want. Frankly, it will look a little “flaky” to them.
Don’t try to be cute. These people are serious about their
money and expect you to be too. If you don’t have one already,
get a professional business card made and use it in all
instances with your lenders.
- Literature
If you use my cover template and Ron’s cassette, here is where
you will be spending a little more time and effort because this
is specific information about you, your company, and your
program. Again, you are welcome to use my examples in your
course as a template but insert your particular company
information.
I started with a regular 8 1/2 x 11 piece of paper and turned
to landscape orientation. I searched my other marketing
information and found things that I could shrink to half a
page. For instance, I have a one-page information sheet that
lists the documents that protect the lender. I shrank this to
fit on one side of page. I then shrank a copy of the
promissory note and put that on one side of the page. I then
turned the page over.
I took my introductory letter and shrank it for one side of the
page and then did the same with a one-page information sheet
about my company.
So, I’ve just squeezed four pages of information onto one sheet
that folds neatly in half and can be placed in the information
bookwell.
I insert my newspaper article regular sized but folded.
It will be easier if you already have marketing pieces. If
not, you will have to create them.
This generous sized book well can hold as much or as little as
you like. Just remember, the more you tell, the more you sell.
Which means, tell them a lot about your company history, your
established presence in the community (office location and
years in business), the teams you have sponsored, the
professional organizations you belong to, family information,
before and after photos of properties you have rehabbed,
courses you have completed, etc. You get the idea. All this
information lets them know you are not a fly-by-night
operation. You are a serious businessperson and a company
that plans to be in business for many years.
If you are uncomfortable with or unfamiliar with putting
together this type of marketing piece, just gather all the
information you can, including photos, and hire a writer to
create something that you can be proud of.
(Hint: No professional writers in your neighborhood? Since
you have Internet access, search for a writer on elance.com.
You put a job out there, someone bids on it, and when both of
you agree on a price, they create the product you want!)
There, you’ve created an Audio Business Card, a powerful
marketing product that you can use repeatedly in a variety of
situations. You can hand this to a lender with confidence. You
are a step closer to realizing your goals! Go find some
lenders!
Important Tip
Leverage your work effort. Do what you do best to create huge
piles of money and pay a $10 per hour person to do the rest.
Alan Cowgill is a speaker, author, and real estate entrepreneur. Alan has bought or sold over 200 investment properties. His step-by-step system “Private Lending Made Easy” teaches others to find private lenders. Contact Alan at 937-390-0816 or 866-831-3540. For a FREE audio go to www.PrivateLendingMadeEasy.com
Alan Cowgill's Private Lending Made Easy offers detailed information, advice and professional-quality products related to "The Audio Business Card", Private Money Lending and Real Estate Investing.