How Many People Do You Really Need to Reach?

by Mark
June 30th, 2009
12 Comments

In my recent journeys on Twitter I’ve seen the extremes from “Get 20,000 followers in 30 days” to “it doesn’t matter how many people you have, what matters is the quality of the connection.”

No, I don’t want to sleazily grab 20,000 people on Twitter, my blog, or email list. Yet it’s totally untrue that numbers don’t matter. If you’re running a business, numbers matter in a big way.

But how many people do you really need?

Excruciatingly Boring But Essential Ingredients for Calculating the Numbers

Before we can drill down to the numbers, let me explain two things which go into the calculation.

1. Remembering That People take longer to buy than you might think.
Making a significant purchasing decision can take a long time. Some sales people and copywriters would have you believe that someone makes an emotionally-driven decision within moments of seeing an offer, and then just needs to justify that original decision.

This is true, sorta. But getting to that decision-ready point sometimes takes months or years worth of journeying. If your business really offers the kind of quality help I think you’re offering, then it’s going to change lives, in perhaps small but significant ways.

For this, you need ongoing contact with people while they are deciding. Whether you are reading this by email or on the blog, it’s a good example of how to stay in touch, in a helpful way, with people who are potentially, maybe, possibly interested in what you offer.

The length of time it takes people to say yes affects the number of people you need, because only a small percentage of your followers/subscribers/readers are going to be at the ready-to-decide point at any one time.

2. There are two ways of counting.
Keeping in mind how long people can take to decide, you want to be counting numbers in two ways. The first way is determining how many people are actually connecting with you on a regular basis. How many subscribers or readers do you have? How responsive are they? Do they open your emails or read your blog posts?

The second way is to determine how many new people are finding out about your business every month? Again, a small but hopefully significant percentage will be interested enough to stick around on your email list or blog to get to know you better, thus moving closer to that decision point while in contact with you.

Oh yes. When someone needs help, every moment they are moving towards that decision point of actually getting the help. The question is, are they doing it in proximity to you, or do they hear about you and then forget about you before they decide?

Now for the numbers.

The Numbers: Stick With Me Here

Are you selling $19 ebooks? Or $90 massage sessions? Or $1,500 consulting packages? And how much do you want to earn monthly, yearly?

Let’s leave the “internet millionaire” dream behind and start by aiming for a US$50K/year professional-level income. Fifty thousand dollars is $4,166/month, or $1,000/week, leaving two weeks for vacation. Clearly it would be nice to make more than this with more time off, but let’s start here.

For the $90 per session thang, you need eleven or twelve sessions per week to make that kind of cashola. To get much above US$50K, you’ll need to use other streams of income like teaching groups and selling products. But that’s another article.

If half your clients come once a month, and half come twice a month, then you need 18 once-a-month clients, and 14 twice-a-month clients, which comes to $4140. A total of 32 regular clients. And if clients last about four months before moving on, then you need 96 clients for the year. Call it an even hundred.

Of course, it’s wonderful when some stick around for longer, maybe years. And some will leave sooner. It’s just how it goes.

Some people love noodling the numbers. Some people hate it. Either way, take a moment and breathe now. Ahhh… We’re just taking a snapshot.

So How Many People Do You Really Need?

What’s your experience with how many people actually come in who are interested in your services?

It depends. For first-time connections at a party, networking event, or elsewhere, probably not so many convert to clients immediately. Yet those people you see several times who keep saying, “I gotta make an appointment with you!” will eventually come in.

All told, let’s say three out of ten people who say they are interested eventually turn into clients. That’s 30%. One hundred clients is 30% of 334 interested people.

For our sample massage therapist, she would need to be in touch with 334 interested people in order to maintain 11 to 12 sessions per week without famine periods. And, of course, to find that many interested people, many more people than that would need to hear about her.

There you go. If our massage therapist can build and maintain a list of 350 interested people, and she has an effective strategy for reminding and inviting people in to get the help they really need, that number should maintain her.

Three hundred and fifty people? That’s not too bad. However, maybe getting a list that large seems insurmountable to you. Or perhaps you have more than that on a list and they aren’t coming in.

Your numbers may be different, but if you take a few minutes, I bet you can work it out, even if you’re just making estimated guesses.

So, once you know your numbers, what’s next? Let’s take a look at some of the critical details.

Keys to Making the Numbers Work

  • You gotta have heart.

We’ve been talking numbers, and the numbers are very important. However, remember that each of those numbers is a real human being, with real needs. Two things help.

Being present in your heart, anchored in love, helps people know there is something to connect to. People like the Dalai Lama, or my spiritual guide, exhibit this in a big way. Others feel attracted to be in their presence.

You don’t need to run it that big, but taking time for spiritual practice and heart connection means that the people on your list know you are really *there* and may be more likely to come on in.

  • Stay in touch.

I mean show up. If you have an email newsletter or blog, send it as regularly as you can. Once a week is great. Twice a month works. Once a month is on the edge of being ineffective.

What to say? Help them. They are hurting, so trust that they want and need your help!

For our massage therapist friend, the best thing to do is get her hands on someone. But there are LOTS of things she can tell people about how to care for themselves, insights on relieving stress or pain in their body, that will increase their trust and connection with her.

  • Keep reaching out.

I’ve noticed that going from zero to one is harder than going from one to ten. Getting to your initial numbers will take some concentration. Take the time you need to nurture the love in your heart, reach out to friends, clients. This way you’ll find where your ideal clients hang out. And then invite them in.

The easiest way to invite them in is to start your writing, even if you have pitifully small numbers now. Then your articles can reach out to others.

A client of ours wrote four articles, and one of them really resonated strongly with his clients. That one article was forwarded to others, and brought in new referrals and new subscribers to his list.

You don’t need huge numbers to have a healthy business, but you do need some. Whether you do it on Twitter, a blog, or an email list, reach out and start to build relationships with the folks who need you.

12 Comments... Care To Join Us?

  • Mark, Thank you so much for this article.

    With you breaking it down like this in a real and detailed way you’ve removed the sense of overwhelm for me. I feel accompanied and understood and hopeful that it’s do-able.

    With the overwhelm lifted I’m feeling sprightly for making a start. (Your previous article helped with this too…ending as it did with three things you can do right now to get started).

    Thank you again, so much.
    Pauline

    Pauline Esson´s last blog post..Everyday Beauty

  • Judy Murdoch says:

    Really excellent article Mark.

    What strikes me in your article is that both the numbers/tactics/strategies AND heart are important. Neither works without the other.

    There’s a lot of advice out there on the business/numbers end or the spiritual space end but very few bring both together as gracefully as you have.

    Judy

  • This is such a great post, Mark. I love how you combine the softer stuff, such as speaking from the heart, with the harder, numbers-based advice.

  • Jamie says:

    Mark, as always, you leave me thinking and inspired.

    In my work as a coach, I see that potential clients can take a long time to step in and say yes. There’s a real level of trust and connection that needs to be established. How do you think this impacts when/if you actively make an offer? If someone’s around, checking you out, staying connected, do you wait, knowing they already know what you do and that you’re available for them when they’re ready, or do you make an invitation? I find that’s a delicate interaction and would love to hear your thoughts.

    Jamie´s last blog post..Welcome….

  • Mark Silver says:

    @Pauline- sprightly! Sprightly! I love it. :) I’m so glad it helped.

    @Judy- so true, that’s why we do what we do. Gotta be both/and here.

    @Catherine- The heart stuff is more practical than we think, eh? Especially once we go to apply it.

    @Jamie- It’s a great question, and I think this is where the power of what I call Second Journey Marketing comes in.

    Every single time you put a communication out to your following- I don’t mean an individual response, but to an email list or on your blog, you should have an invitation to an offer.

    Now, of course, we don’t do this very well on the blog ourselves, but we’re getting there. :) And we always do it in the emails we send it out. Not a pushy “buy it or you’re doomed!” promotion, but just a gentle reminder that a next step is available.

    And, you may just need to be pushy. Yah? Are you willing to be pushy, in a good way?

    How does that land with you? Or did that article not touch what you were asking?

  • Jamie says:

    Gosh, Mark, thank you. I appreciate you sharing the additional resources and they were right on target. Your approach to sales is the only one that has ever made sense to me.

    “But, in the right moment, what I could use as a customer is for you to be a little more forward, willing to extend a hand and make it easier on me to get what I need.”

    Yes, I so get that. And I want to be there. And in this dance, I think I have to be softer on myself and know that sometimes, I’m going to misstep or be awkward. At least I’ll have done it with love.

    Thanks, Mark.

    Jamie´s last blog post..Welcome….

  • Mark Silver says:

    @Jamie- Yes! Don’t be afraid to misstep. If you do it with love, you can always clean up the mess. We made a big mistake with a customer, and through cleaning it up, she became a raving fan. Sometimes it’s even better that way, although I wouldn’t go around doing it on purpose. :)

    And, here’s another little tidbit: When Following Up Hurts You and Your Customer.

  • Sarah Bray says:

    Love this. It’s just so true, and the reason that real connections are so absolutely invaluable — and fake, bloated ones are nearly useless.
    Sarah Bray´s last blog ..The Art of the Voice: Part 7 – Rebuild your ghost town

  • sueokieffe says:

    Mark, thank you for this article. It helps me put a lot in perspective. As an emerging mandala artist who understands the effect of her art on those who view it, trying to understand how to get to the numbers part and the heart part is still a little new to me. I hope that by following you articles I will continue to get a better understanding of the how process.
    I wrote to you back in May when you were first advertising your money group, telling you how much I wished I could do it but that I had just lost my job. I have never forgotten your kind response to my email and from this I have a learned a good lesson in the heart part of business. You are still on my want to do list of people I hope I have the good fortune to work with when I am living on more than unemployment and I know that day will come. Thank you for your wisdom and compassion. Now to check out those other articles.
    ~sueokieffe
    sueokieffe´s last blog ..AND THE WINNER IS…

  • Mark Silver says:

    @Sarah- Yes, I hate those fake, bloated ones. Especially early in the morning. Ugh. :)

    @Sue- You are so welcome! And I’m very glad that my response landed so well with you. If you have any questions, please ask!

  • How would I put together email lists to send out articles I’ve written or other information that might interest people? Also how do I set up blogs on my website to post articles and have people comment? Is there a way to copyright articles you’ve written for online posting? Is that necessary?

  • Mark Silver says:

    @Lowell- Big questions you ask, my friend. The easiest one first: copyrighting articles is as easy as adding “©2009 Lowell Chodosh” to the end of your article. You may also consider checking out the Creative Commons license if you’re interested in that approach.

    As for putting together an email list, there are two parts to that question. If you are looking on the technical side, we recommend Aweber Autoresponder for who to use to actually hold your email list. If you’re talking about how to gain subscribers, there are a lot of articles on how to write articles. I have one right here.

    Finally, about setting up the blog. Too much to try to explain right now, but I would send you to Adam Kayce, Trisha Cupra, or to Wendy and Mynde. They can definitely help.

    Hope all of that helps! Let me know if something is still puzzling you.

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