380: Turning Competitors into Collaborators- with Erik Deckers

Social Capital

Meet Erik Deckers

Erik Deckers is a professional writer and humorist from Central Florida. He is the co-author of four books on social media marketing, and has been a newspaper humor columnist since 1994. He has owned his own content marketing agency for 14 years, and ghostwrites books for business owners who want to leave a legacy for their families. Erik is the president of the Jack Kerouac Project in Orlando and is the lead organizer of 1 Million Cups Orlando, a networking group for entrepreneurs.

Where do you think most people should spend their time and energy? Analytics, creation of content?

I actually think that people should spend more time talking about and focusing on creation. One of the nice things about analytics is that we can do this with marketing now, where 30, 40 years ago we could not.

You didn't know how many people drove past your billboard or how many people actually saw your commercial on TV or actually heard it on the radio. And if somebody came into your business, which commercial brought them in? Which time did they see it? We didn't know any of that. And now that we can, I think marketers have gone a little bit overboard and they want to measure everything.

They use analytics to drive their content creation, which I think is the backward way of doing it. Your content creation should be first. That should be your highest priority because your analytics should tell you how well it's doing, not tell you what you should write about.

How can one turn their competitors into collaborators and referral sources?

Okay. I talk about this sometimes. I talk about the importance of having your network of people who are out giving you leads. They're making connections for you. And the best way that you can turn your competitors into your sales force is if you each were to specialize. And so one example I use is if, you know, let's say you're a bookkeeper, you might be a bookkeeper and you charge 50 bucks an hour to just do bookkeeping for anybody who calls you up.

But that means that every other bookkeeper in town is your competitor. But what if you were to specialize and you're only going to do bookkeeping for restaurants? Well, if you specialize, you can charge more because if you specialize, you know more, and that means it's worth more. And so you can charge maybe 75 or a hundred dollars an hour. And your competitor decides they're going to specialize and only work on professional services: doctors, lawyers, chiropractors.

So whenever they get a call from a doctor who says you know, “Hey, I need a bookkeeper,” then they're the one to answer that call. But let's say you get a call from an attorney and say, “I need a bookkeeper.” And you can say, “I don't do that. But my friend, Susan does. Susan is a professional services bookkeeper and she can absolutely handle what you do.

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