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Change Your Network into Net Worth
Step-by-Step to Collab & Cross-promote for Biz Growth
Hi Trailblazers,
Itâs quite obvious why you should collaborate and add cross-promotion to your strategy this year, so I wonât bore you with the why but instead the quick step-by-step how.
Iâm all about saving you time, so you can be a time billionaire (more on that in a later newsletter - fyi, time billionaires are much wealthier than $$ billionaires).
So Iâve developed this step-by-step to get you collabin' and cross-promoting your way to biz growth THIS WEEK.
In this edition, youâll find:
đ 3 Simple Steps To Collab, Cross-Promote & Grow Your Audience (and Business!)
𤯠Cross-Promo Ideas: 10 Easy Cross-Promotion Ideas
đŚ Trailblazer Spotlight: Mary Chan - How To Podcast To Create Connection w/Your Audience!
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Sponsored by Klever Strategies, Digital Marketing Consultancy
Marketing Nugget
Collab & Cross-Promote for Lead Gen
âĄď¸ The Why: Do you want to amplify your brand reach, grow your audience/email list, leverage the strength of anotherâs large audience, create partnerships, enhance your credibility and thought leadership, all-in-all generating more leads and sales???
Hereâs the plan:
Create your collab and cross-promo 1-pager.
Get in front of potential collabers and share your cross-promo opportunity with these influencers who have a siimilar target audience.
Book a cross-promo event!
1 - Creating Your Collab & Cross-Promo 1-Pager
What is it? A simple yet compelling document designed to introduce your business, outline the value proposition of a potential partnership, and spark interest in collaboration or cross-promotional activities. It serves as a snapshot of what makes your brand unique and how a partnership could benefit both parties, ideally leading to a win-win situation.
Step-by-Step & Key Elements To Write Up Your 1-Pager:
1 - Draft Your Brand Overview: In two to three sentences, capture the essence of your brandâs mission and vision. Be clear and compelling.
2 - Articulate Your Value Proposition: Identify what sets your brand apart. Focus on benefits, not just features.
3 - Define Your Target Audience: Use data to describe your audience. Make sure to demonstrate understanding of their interests/needs and how they align with your potential partnerâs audience.
4 - Incorporate Digital Presence Metrics: Collect recent statistics on metrics such as your email list size, monthly website traffic, and social media followers, and visualize the data using graphics.
5 - Outline Collaboration Opportunities: Brainstorm and list 2-3 specific, actionable ideas for cross-promotion that would be appealing to both your and your partner's audiences.
6 - Specify Success Metrics: Choose measurable outcomes that would indicate the collaboration's success.
7 - Include Contact Information: Ensure next steps and your contact details are easy to find and use a professional email address.
AI Prompt To Create Your 1-Pager:
âMy business name is [enter business name] and my mission is [enter mission statement]. My target audience is [enter target audience characteristics] and my ideal customer profile (ICP) can be described as [enter ICP description].
Act as a copywriting expert, and help me create a compelling document designed to introduce my business, outline our value proposition of a potential partnership, and spark interest in collaboration or cross-promotional activities with prospective partners who have complimentary services and/or target audience. This one-pager will serve as a snapshot of what makes my brand unique and how a partnership could benefit both parties.
Please write up this one-page document based on this format:
- Brand Overview: Briefly describe my brand, including mission, vision, and the customers I serve.
- Value Proposition: Clearly articulate the unique value my business brings to the table.
- Target Audience: Define my primary audience demographics and interests.
- Digital Presence Metrics: Provide space for me to include key statistics that reflect my brand's reach and influence, such as # of email subscribers, monthly website traffic, and social media followers broken down by social platform.
- Collaboration Opportunities: Outline specific ideas for cross-promotion, such as email list promotions, social media promotion, giveaways/contests, co-hosted events, joint webinars, shared content creation, or exclusive deals for each otherâs audiences.
- Success Metrics: Mention how success will be measured from the collaboration, including potential KPIs like increased audience engagement, lead generation, or sales.
- Contact Information: Provide a space for me to include clear contact details and next steps for further discussions about the partnership.â
2 - Three Easy Ways To Get In Front Of Potential Collabers
Virtual Networking: A no brainer and the #1 way to meet prospective collabers.
First, register for at least 2 virtual networking events this month.
Then, at each networking event make a concerted effort to connect with and exchange contact info (get their calendar link, LinkedIn profile link, or email address).
Schedule a get-to-know you 1:1.
Reach Out To LinkedIn Network: Using search filters, run a LinkedIn search to find 2nd connections who'd be great prospects to collab with.
Reach out to your shared first connection to request a virtual intro.
Book a quick 1:1 chat with this new connection.
Identify Content Creators: Do a Google search on topics of interest to your audience.
Find blogs and YouTube creators that have 10k+ monthly website traffic / or a large YT following.
Follow and subscribe to their socials, and engage with their content.
Pitch yourself as a guest on their blog or platform!
3 - How You âBookâ A Cross-Promo Event
Once youâve gotten confirmation that a connection would like to be a part of a cross-promotion campaign with you, send them a simple âcontractâ.
Keep it simple: Include the date the cross-promo event will occur and brief details of what each party agrees to do pre-, during, and post-event.
For example: In an email list cross-promo, where both parties will promote the other partyâs course or newsletter, your contract might be spelled out in the description area of a calendar invite and include the:
Calendar invite date = Date both parties will send out the email to their list by.
Pre-event activities: Each party will share the promo copy and graphic theyâd like the other to use in their email within 1-week prior to the event date.
During event activities: Each party will share the email with their social media audience.
Post-event activities: Each party will share cross-promo campaign engagement and conversion results within 30 days after the event date.
Easy Cross-Promotion Ideas
As you can see, cross-promotion can be as simple or as complex as youâd like.
Most cross-promotions that are simple, will probably yield lower conversions⌠however, since they require less time and effort you can work more into your already busy schedule.
On the other hand, cross-promos that are a bit more complex tend to yield more conversion or revenueâŚhowever, since they require more time and effort youâll only be able to run a max of 1-3 per year - so choose wisely who you select for your more complex cross-promos.
Vet these collabers and confirm their audience matches your ideal customer profile, and that they will put in equal and considerable effort to ensure the cross-promo yields the best possible results.
Ideas for Cross Promotion:
Simple:
Email Newsletter Features: Include a section in your email newsletters that highlights your partner's services or products.
Social media shoutouts: Exchange shoutouts or features on each other's social media platforms.
Bundle offers: Create special bundle offers that include products or services from both businesses at a discounted rate.
Run a Contest or Giveaway: Collaborate on a contest or giveaway that requires participants to engage with both brands.
Website Banner Ad: Get your business featured in a banner ad on their website for a specified period.
Guest Blogging: Write guest posts for each other's blogs.
Joint Discount Codes: Offer special discount codes that customers can use on either business's platform.
More Complex:
Joint Webinars or Workshops: Host webinars or educational workshops together on topics of mutual interest to your audience.
Guest Podcast Interview: If one or both of you have podcasts, interview each other or mention your partnerâs offerings in episodes.
Affiliate Program: Set up an affiliate program where you both promote each other's services or products in exchange for a commission on sales.
One last thing, keep in mind each partyâs MVP - you might not host a podcast or your email list might be small, but your LinkedIn engagement and audience large. Consider this when selecting the channel you and your party will cross-promote on.
You both donât have to select the same channels!
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