How to Market Your Services the Right Way w/ Chris Do | Ep 411
Episode
13 min
Read time
2 min
Topics
Marketing, Sales & Revenue, Philosophy & Wisdom
AI-Generated Summary
Key Takeaways
- ✓Customer Profile Depth: Build profiles including psychographics like values and belief systems, not just demographics. This process unlocked brand strategy skills that increased Do's prices significantly through better client understanding.
- ✓Client Selection Math: Target clients spending ten percent of revenue on marketing annually. A client doing two hundred thousand dollars yearly only allocates twenty thousand for marketing, leaving minimal budget for your services.
- ✓Mountain Tier Reality: Winning one hundred thousand dollar projects does not qualify you for two hundred thousand dollar work. Each revenue tier represents a new mountain with different competition levels requiring distinct capabilities.
What It Covers
Chris Do explains how creating detailed customer profiles unlocks better marketing, higher prices, and brand strategy by understanding client psychographics beyond basic demographics.
Key Questions Answered
- •Customer Profile Depth: Build profiles including psychographics like values and belief systems, not just demographics. This process unlocked brand strategy skills that increased Do's prices significantly through better client understanding.
- •Client Selection Math: Target clients spending ten percent of revenue on marketing annually. A client doing two hundred thousand dollars yearly only allocates twenty thousand for marketing, leaving minimal budget for your services.
- •Mountain Tier Reality: Winning one hundred thousand dollar projects does not qualify you for two hundred thousand dollar work. Each revenue tier represents a new mountain with different competition levels requiring distinct capabilities.
Notable Moment
Do reveals Alex Hormozi spends fifty thousand dollars monthly on content creation alone, illustrating how successful entrepreneurs invest heavily in services that generate qualified leads and business growth.
Episode Transcript
What successful people do is they spend money to save time. Unsuccessful people spend time to save money. You are all focusing on people who have a lot of free time. That's the problem. Most important business license I've learned from my coach. When you hit this level, you think you're at the top of the mountain. You're actually just at the bottom of the next mountain. From doing this, I started to learn and figure out how to do brand strategy. And then my prices went through the roof. Most of you don't know how to write or create content or create offers because this is blurry. I don't know who I'm talking to. And if you stick with me for the rest of this, not only will I teach you how to make money, you'll do this in the most painless, easy way possible. And if you learn how to do it, you can charge a lot of money too for other people. I gotta tell you something. The reason why I wanna start here is learning this process changed the game for me. It really changed the game because we think we're designing for someone, but we're not really doing it for anyone. So the way I like to do customer profiles is to really go deep and understand not just the demographics, which most people stop at, but psychographics, like the way they think, they feel, their values, and belief systems. When you do this, the way I'm about to teach you to do it right now, it's gonna unlock so many things in your mind about what other services you can provide, how you can communicate to them, to relate to them better. And for me, it was just a creative springboard. From doing this, I started to learn and figure out how to do brand strategy, and that was just everything. And then my prices went through the roof. So would you like to learn how to do this? So what we need to do is try to figure out who your best client is. So we're gonna build it for this for your best client, and then you're gonna see all of a sudden things that you can do, the way you can market and speak to them, the way you can brand, so you become very attracted to this type of person. So usually what people will do is they'll ask me, well, what is my ideal client? Here's what we do. How many people have clients here? Raise your hand. Because there's a lot of in house people. Okay. So now we know the session's begun because the entrepreneurs have showed up. Because I've talked to one in house person out there. I'm like, oh my god. It's all in in house people. Alright. So what I want you to do is think about the last 10 clients or projects you've worked on, which ones gave you the most joy. Like, …
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