This is the time of year that people switch from "impulsive spender" to Major Tightwad. Who can blame them... coming down from the holiday sugar high, feeling the pinch of those post-Christmas credit card bills... yikes.
(With the exception of lunatic copywriters like myself, of course. Seems I've fallen into a creative slump this month. So instead of ignoring my task list, I'm farming it out. Yes. Paying others so that I may salvage what's left of my dwindling sanity.)
Since we're discussing paid service providers: when you give money to a copywriter to help position your brand, you're INVESTING in the future success of your business. You get that money back, and then some.
You can't measure it by ONE web article or ONE blogging campaign or ONE year of email newsletter publishing.
The success of your advertising effort is measured by the cumulative effect that all of these things have in making you popular and sought-after in your niche.
I know I've said this before, but I don't believe there's a way to accurately gauge this. You can't do it because sometimes the reaction isn't immediate. If you plaster your logo onto the side of a bus that goes roaring across town on a daily basis, your logo is seen by thousands each day. But how many of those thousands are going to drop what they're doing immediately and call you up wanting what you have? How will you *really* know if the ad worked?
Even if you put out a survey and ask customers how they came to be yours... there will still be that group that never bothers to fill out the survey. I signed up for Geico insurance this year. If I was asked which ad was THE ONE that reeled me in, I'd have to say I have no idea. I just know and trust their name from the CUMULATIVE effect that their ad campaigns have had on my psyche.
So you're just never really going to know which advertising converted which people when. You SIMPLY HAVE TO TRUST that doing it well is going to bring results.
Getting around to the point of this post. I was going to offer you some price comparisons.
Let's say you want some copywriting. One page of copy, with research, draft review, changes, back and forth email discussion, editing, and proofreading. This will run you about $100 to $150 depending on who you are and what's being written. Let's say $120 to simplify things.
Yikes, that's a steep fee, you say.
Ahh, but first remember that copywriting service falls under the category of advertising for your business. Advertising is TAX DEDUCTIBLE. Mark that $120 right down on your Schedule C, it's coming right back to you!
Now think about other things you'd drop $120 on WITHOUT A SECOND THOUGHT. Things that are NOT an investment in your future, and will NOT benefit your professional knowledge or business acumen in any way.
Seasonal shopping trip to The Gap - let's say you get a shirt, jeans, and a pair of socks. Cha-ching, bye-bye $120, hello, dopey-looking outfit that you're later going to decide is ugly and not to be worn in public.
Impulse purchases at Target - scented candles, two photo frames, a couple of new eye shadows, some shaving cream, 3 facial cleansers, your favorite shampoo, a few hair doodles, two CD's, an exercise ball, a case of bottled water... another $120 into the wind.
How much "junk" do we blow our hard-earned cash on without a second thought?
The last time you saw a movie at the theater, you likely paid $20 to get a seat and a snack.
Did you argue with the guy at the door that you could easily wait for the movie to come out on video, stay home and watch it on your own DVD player while eating popcorn that you popped yourself in the microwave?
No. You felt like going out to the movies, and you paid the astronomical fee without batting an eye. How many times did you do this in 2007?
These are the things that run through my head when I'm faced with a potential client who resists the going rate for top-quality copywriting work that will come back to them at the end of the tax year, and will pay for itself a hundredfold in the form of new clientele and repeat business.
Even if you decide you'd rather do the copywriting yourself, you're still losing out on TIME. Time is money. If you're a coach or consultant who's getting the typical $70 to $100 hour rate... and you spend five out of eight hours of the working day writing your website copy instead of helping clients...
then you just missed out on anywhere from $350 to $500 of fresh cash in your bank account!
I think I've made my point, have I not?
Dina at Wordfeeder.com Copywriting and Marketing