Your Potential Buyers Want to be Heard

You don’t need to work hard to hear about the growth in social media.  Facebook, Twitter, LinkedIn, etc.

Millions and millions of strangers are having sometimes intimate conversations in public… a few characters at a time.

If you tried to join or follow all these discussions you’d quickly become overwhelmed.

A lot of business owners, entrepreneurs, and sales professionals are asking, “Should I get involved in social media?”  There isn’t a simple answer because the answer depends…

  • Are your best potential buyers participating in social media, and if so which ones?
  • How much time can you invest in social media?
  • What do you expect in return?  If you’re expecting an immediate lead source or revenue stream you will likely be very disappointed.

The More Important Lesson

 

 prospects want to be heard
Creative Commons License photo credit: tranchis

 

The more important lesson is the quantifiable demonstration and proof that people are desperate to be heard and have their thoughts valued.

 

Whether you decide to participate in social media or not, this lesson is applicable to you.  You see most people are so worried about what they have to say they don’t take time to listen to what you have to say.  So when you demonstrate you are truly interested in what your potential buyers have to say they will be glad to tell you what you need to know to help them buy.

 

When or if you decide to join the social media trend don’t forget to listen first and use those tools as research tools to improve your marketing and sales first.

Rev Up Your Sales

Summer in Iowa is very precious indeed.  It seems like it’s gone in the blink of an eye.  Once August rolls around I begin thinking about how few days of summer there are left and cherishing each day.

color a sales plan
Creative Commons License photo credit: timlewisnm

August also makes me think of getting the kids ready to go back to school.  My sons are adults, but I still recall the preparation it took to get them ready for that first day of school:

  • Getting the list of required school supplies
  • Shopping for clothes and supplies
  • Taking that last summer fling
  • Preparing for the new routine and schedule
  • The night before the first day organization

A lot of thought and preparation occurred to make sure that first day went well and everyone had everything they needed.

Hmmm… if we put that much effort into getting our kids ready for that first day of school what would happen if you put that much effort into revving up your sales?

Rev Up Your Sales Plan

 

Now is a great time to get your sales on track to finish the year strong.  So…

  • What do you need to do, get, or learn to make a fresh sales start?
  • Does your outer sales cover need a little freshening or updating?
  • Could you get reinvigorated if you gave yourself some much deserved R&R and set aside a little family time?
  • Do you have a daily sales plan?  If not, now’s the time to make one.
  • How could you organize your marketing efforts so you could easily track your efforts and measure progress?

Take this time to get yourself ready for a great fall and winter.

3 Sales Facts

According to marketing expert Philip Kotler your buyers are responding to the current economic environment in three ways:

  1. They are shifting to lower priced offerings
  2. They are postponing or eliminating discretionary purchases
  3. They are cutting back on driving and eating out, and spending more time at home

Negative or Positive

 

Some of you will look at that list and say, “Yep, that’s exactly what’s happening and why I can’t sell anything.”

 

Others will look at the same list and say, “Yep, that’s exactly what’s happening now how do I turn that into an opportunity?”

 

A Positive Opportunity

 

Every potentially negative circumstance has an equally positive opportunity.  The very reasons potential buyers aren’t buying your stuff now are exactly why they should be buying your stuff now.  Here’s what I mean…

 

Many business owners, entrepreneurs, and sales professionals respond to interest in lower-priced offerings by cutting their prices.  The exact thing you should NOT do.  You never want to get into a price cutting war because you can’t win.  Someone can and will cut their price to be lower priced than you.

 

Instead, respect the fact that potential buyers who are looking for lower prices are really looking for greater value.  Your potential buyers are intelligent people.  They understand you can buy a $10 pair of shoes.  They also understand those $10 shoes won’t last, they may not be comfortable, and they could end up costing you in terms of foot and back pain.

 

So rather than focusing on price help your potential buyer focus on what they really want… more value.  Demonstrate how your offer is a better value or has more value than the competition.  Tell them you understand things are tight and that’s exactly why they need to get the most value from the dollars they spend so they don’t waste money, time, or other resources on unsatisfactory options.

 

car sales
Creative Commons License photo credit: Marcus Q

 

People are delaying the purchase of big ticket items like cars and homes.  However, now is a great time to get the most value when purchasing a car or home.  Again rather than focusing on why now isn’t the time to buy focus on why now is a great time to buy.  Not only do they get more value in the item purchased… interest rates are lower meaning the total cost of the purchase is lower now than even a few months ago.

 

When people drive less, eat in, and spend more time at home that means there are opportunities to position what you have to offer in terms of fulfilling their current need.  When eating out is more of a luxury you can play on that fact and demonstrate the importance of choosing a restaurant where the experience is memorable over the run of the mill eating joint.  Small things can now become the new luxury.  You simply equate the increased value of these items with the sense of satisfaction they generate.

 

Rather than trying to fight the facts or giving up because of those facts… use the facts to position your offer in the potential buyers mind the way that best meets their current need.

 

Given the new sales facts how will you change the way you talk about what you sell to better meet your potential buyers needs?

How Many of These 5 Key Sales Connections are You Making?

Top producing business owners, entrepreneurs, and sales professionals share a common trait.  They seem to be natural connectors.  Valeria Maltoni is a self-professed master connector.  Reading her recent post reminded me of the significance of connections in sales.

Sales Connections
Creative Commons License photo credit: quinn.anya

An outsider looking in might think those master connectors make and juggle those connections without thinking about it.  Of course, that simply isn’t how it works.  It takes a concentrated effort to make and keep those connections.

There are 5 key sales connections that increase sales:

  1. Personal one-to-one connections made with the people you interact with or engage.
  2. Personal one-to-another connections where you introduce the people you meet to the people they want to meet.
  3. Referrals to trusted people, products, and services.
  4. Reinforcing connections that demonstrate your commitment to the relationship.
  5. Connections that help the people you meet get the outcomes they want.

Connections Demand Engagement

 

The power of connections comes from the level of engagement.  The more engaged you are with the other person, and they with you, the greater the value of the relationship.  Sometimes those relationships will lead to immediate sales.  Other times those relationships will lead to introductions and connections that lead to immediate sales.

 

In all cases, the more people you know who know what you can help people get the more sales you’ll get.  The more findable you become.  The less you have to chase after people who don’t want to talk to you… and the more your time can be invested with the people who do want to talk to you.

 

What do you do to make certain these connections occur on a regular basis?

What Can Google, Apple, and Microsoft Teach Us about Sales?

The fact that a turf war is going on may not be at the top of your list of things to pay attention to.  However, as I read the article Rob Enderle recently wrote about the competition among the big three to provide the operating system for your next computer or notepad I realized this was yet another opportunity to make an important point.

Bill Gates teach us about sales
Creative Commons License photo credit: Leon Maia

If anyone understands the importance of what’s going on now it’s Bill Gates.  After all, he was the nerdy upstart who virtually took down the giant… IBM.  IBM was to computers what Kleenex is to facial tissues.  They were the big gun who could outspend and out promote all the competition.  That is until… Bill Gates completely changed the game.

Now if you’re tempted to believe this is only happening in the software industry think again.  You only have to look back to the recent election to see the same thing in government.  Then candidate, Barak Obama came out of nowhere and did what almost no one thought was possible.

Here’s why this is important to you and your sales.  Right now you are in the eye of the hurricane when it comes to sales.  Just like what’s happening with operating systems in the computer industry… how, why, and the way sales occur is in the midst of a big change.  How people use their computers has changed.  Why people use their computers has changed.  The way people use their computers has changed.

Google is responding to those changes.  They’re in a more nimble position to make those changes than Microsoft and Apple who are tied to the past.  However, Google doesn’t have the marketing muscle of either.

No matter what you’re selling, no matter what industry or sector of the economy your business is in, the same is true.  How you sell to the people most likely to buy your stuff has to change.  Why you sell what you sell to the people most likely to buy your stuff has to change.  The way you sell what you sell to the people most likely to buy your stuff has to change.

But I Hate Change…

 

If you’re like most people you absolutely hate change.  You want to keep doing what you’ve been doing and pretend things will go back to the way they were.  You want to keep doing what you’ve been doing and hope for the same old results.  You want to keep doing what you’ve been doing and bet this is just another passing fade.

 

Fear of change makes you very vulnerable because things are going to change no matter how you respond to those changes.  You either change with the world around you… or you get left behind.  You either make the changes you need to make to serve the people who buy your stuff the way they want to be served or… you fail.

 

Time for Phenomenal Success

 

What this also means is now is the time for phenomenal success.  When you are the one who changes when others won’t… you hold the key to setting yourself apart.  When you set yourself apart… you have the potential to be found by hordes of buyers.  When you help those buyers the way they want to get helped… you have the potential to own the market even… if you’re just a one man computer nerd who happens to know how to cut a good deal in a market that appears indomitable.

 

What changes do you need to make to take full advantage of this opportunity?

The Future for Sales

As we head into a holiday weekend here in the U.S. I want to share a few things for you to think over.  Unless you don’t read a newspaper, listen to the radio, or watch the news you already we are losing jobs at a rate of about 600,000 jobs a month.  The White House is forecasting an unemployment rate exceeding 10%.

If you took that information at face value alone things could look pretty grim.  Plus many of you are lamenting about companies closing.  Everyone is tightening their purse strings.  Does this mean you won’t be selling much of anything to anyone anytime soon?

Take a Closer Look

Well, I want you to take a closer look.  I only heard this mentioned briefly.  It doesn’t seem to be a big news interest story for the media just yet.  However, the number of new businesses is growing at about the same pace each month as the number of jobs lost.

 

WHAT THE HECK!!!  Yes, it seems that more and more people are fed up with someone else controlling their destiny.  They can’t depend on the security they once enjoyed from their employment, there are hundreds of applicants for every job, so people are electing to take matters into their own hands.

 

What Does this Mean for YOU?

 

It means you’ve never had a better opportunity to actually sell something.  Each month there’s a whole new group of new businesses who need your stuff.  600,000 new businesses each month!  Just think how many of those new businesses and business owners are in an industry you can help.

 

There’s no reason you can’t be the person who gets their business.  All you need to do is answer 5 questions for these new potential buyers better than the competition.  Here are the 5 questions you must answer:

  1. Why are you contacting me?
  2. Why should I pay attention to you?
  3. Why is this the right thing for me?
  4. Why does it cost this much?
  5. Why should I act now?

When you can do a good job of answering those 5 questions you won’t have any problem attracting and attaining new buyers.

You & Your Potential Buyers have a Common Challenge

 

Oddly enough you probably share a common challenge with your buyers.  Those new business owners are starry eyed and enthusiastic about their exciting new future.  They have a good idea or a skill they intend to build a business around.

 

At first they don’t know what they don’t know.  It’s once you start implementing those ideas and run into road blocks and obstacles that you begin to appreciate it isn’t as easy as you once thought.  The common challenge you share is effectively communicating:

  • What whatever you’re selling actually does for the person buying
  • The critical reasons why
  • Best options

Most new business owners don’t have a clue how to effectively communicate these three critical pieces of information.  You simply have to communicate these critical pieces of information effectively to succeed.  Even though you would think it would be easy to communicate what your offer does it isn’t because most people try to tell you what their offer does in terms of themselves rather than in terms of what the buyer is looking for.

Reasons Why

 

Without a solid reason why for the potential buyer everything you put out there gets a, “So what?” response.  Each potential buyer must understand:

  • The reason why they should pay attention to you
  • The reason why what you say is true
  • The reason why they should act now

When potential buyers can link what you’re communicating to their reason’s why they act.  The next challenge is closing the business.  While most people think the key to selling is a sales pitch that’s exactly what turns red hot buyers into stone cold suspects.  Pitches, slick sales lines, and sales gimmicks turn buyers off.  A “salesy” approach works against you.

The good news is, like those new business owners, you don’t need to take a “salesy” approach. All you sales fireworks
Creative Commons License photo credit: Tony Crescibene

need to do is help your potential buyers choose the best option for them.  Bottom line the future for sales is as hot as the fireworks this 4th of July.

Need a little help getting ready to increase your sales with all these new buyers?  Discover an easy way to increase sales.

How to Wake Up Your Sales Results

It’s true.  Most of us walk around in a semi-zombie state.  The bulk of our waking hours are spent in a trance.  One day blurs into the next.  You get to work and can’t even recall the drive there.  SCARY!

Sometimes we as entrepreneurs, business owners, and sales professionals can use this natural semi-waking state to our advantage.  John Jantsch gives the example of training the people you want referrals from on how to build a referral network.  However, the natural responses of your prospects can work to your disadvantage too.

conditioned reflex in sales
Creative Commons License photo credit: Naufragio

Ivan Pavlov was the Russian psychologist you first described the conditioned reflex concept.  As you probably recall from elementary school in the process of studying the digestive tract in dogs he discovered that the dogs actually salivated before the food was presented.  In fact, he could trigger salivation simply by ringing a bell.

We’ve all been conditioned to respond to sales and marketing through repeated previous exposure.  That conditioning is not a good thing as far as you’re concerned.  When you follow the “mold”, so to speak, you trigger resistance in the other person.  That resistance comes in the form of defensiveness.

The person you’ve just connected with feels they have to defend themselves against you because they don’t want to be sold.  And your behaviors tell them you are someone who wants to sell them something.  Aka, someone they need to avoid.

The way you conduct the normal sales behaviors:

  • your sales pitch
  • cold calling
  • networking
  • emailing
  • upselling

All trigger your prospect’s defenses.  Your behaviors are the bell.  Once you ring the bell with your entirely predictive words and actions….

Your prospects automatically click over into their conditioned reflex which is to distance themselves from you and your offer.

Just exactly what you don’t want.

Change Your Behaviors &  Wake Up Your Prospects

 

The only way to successfully break the pattern of what you don’t want, getting rejected by prospects… and get what you do want… is to alter the way you make contact with your prospects.  Then you have to adapt the way you interact with your prospects once you’ve made contact.  Once you do that you remove their conditioned defensive reflex.  And removing that conditioned reflex makes your job a whole lot easier.

 

One of the first things you should adapt is the goals you set for each point of contact.  Typically, sales people set goals that can’t possibly be achieved on their own.  Here’s what I mean by that.  Say you call someone of the phone, for example.  You set a goal of getting the other person to agree to hold an appointment with you to talk about buying your stuff.

 

That’s goal is so wrong it’s utterly horrifying when you understand the concept of conditioned reflex.  The instant a prospect suspects a cold call their conditioned reflex is… to hang up.  No, an appointment is entirely the wrong goal.  The first goal should be gaining permission to speak with the other person.  And I DON’T mean asking if they have a moment because that’s just another bell.

 

Right now you’re trying to jump across the Grand Canyon with nothing but a wing and a prayer.

 

Instead, identify each small step and set a goal for each incremental step in your relationship with the other person.

 

The second thing you must do is…

 

… you must stop doing and saying what every other sales person out there is doing and saying.  All those cutesy sales phrases are nothing more than the Big Ben of bells triggering exactly what you don’t want. sales bells
Creative Commons License photo credit: samlavi

 

 How do you make that shift?

 

Well, you start by thinking about what you would do or say to a complete stranger you meet on vacation.  When you meet a complete stranger somewhere far from home there is no expectation on your part that you are going to sell them something.  Consequently, it’s much easier to open a connection.  And sometimes much to your surprise you actually end up doing business with that stranger.  Plus you make a new friend.

 

When you meet a complete stranger on vacation how do you approach them?  Do you walk up and say, “Hi, my name is Bob Jones from Los Angeles and I’m the number one Real Estate agent in the city.  When you need to buy or sell your home I’m the only person you should call.”

 

Hmmm… I doubt you make too many new friends on vacation if this is your approach.

 

Or do you say something more like this, “Excuse me, I couldn’t help noticing….”

 

Or “Excuse me, I’m wondering if you could help me for a moment?”

 

So why couldn’t you start a connection with a prospect like that?  YOU CAN.  And I highly recommend you do.  Here’s why such a simple concept is so powerful…

 

You Don’t Trigger Resistance

 

Yes, when you act like a real person rather than the way a sales person is expected to act you don’t trigger the resistance through defensiveness you normally would.  So rather than starting from a negative position and having to work your way back to neutral you start from neutral.  Then when you continue to act like a real person rather than a sales person it’s very easy to share ideas with the other person, and have that person completely open to your ideas.

 

When you meet a stranger on vacation you:

  • ask their permission to speak with them
  • demonstrate genuine interest in the other person
  • ask sincere questions
  • listen to the answers
  • engage in a conversation

What the heck… you naturally do all the things required for a basic sales conversation.  However, you’re doing those things before the sales conversation.  Because you’re doing those things from the beginning of your contact… it’s a lot easier to gain the appointment and increase your sales results.  It’s a natural experience rather than a contrived sales experience.

Wake up your sales results by shaking up your sales behaviors, and STOP acting like just another jerk trying to sell somebody something.  You aren’t a jerk.  You are someone who wants to help other people.  You deserve to sell more and make more friends along the way.  And you can do that by simply behaving in ways that don’t trigger conditioned reflexes.

Once you get this concept and apply it to the way you do business it’s liberating.  You get the sales you want and avoid the rejection you don’t.  Perhaps I’m a little prejudiced, but no one else is helping you understand this and put it into practice.  You can find out more about how this works here… Increase Your Sales following a few simple steps.

How to Get Tons of Leads El Freebo

What’s one of the biggest challenges you face? 

Well, if you’re like most business owners, entrepreneurs, and sales professionals one of your biggest challenges is getting enough prospects to talk to… aka leads.  Plus you have little or no money allocated to or for developing those prospects.  And that means your sales future looks pretty bleak.

no sales prospects in the desert
Creative Commons License photo credit: raulsantosdelacamara

Many find their sales funnel as barren as this desert!

 Retailers have it so Easy…

 

Don’t you kind of envy retailers?  After all they have ready buyers coming to them.  Retailers get foot traffic from people who are either:

  • Looking to buy in the future
  • Ready to buy right now

They have real prospects walking right in their front door eager to whip out their wallets and SPEND.  Man, if only you could have it that easy…

You can have it that Easy Too!

 

When do most people seek out what they want?

  • When they know what they want
  • When they understand what they get
  • When they know what getting that does for them
  • When they perceive the value of getting what they want as greater than the cost of getting it

When a potential buyer knows all those things they are a red hot can’t wait to drop my dime buyer.  The secret to attracting those red hot buyers is matching your message to what they already want… to what they’re already looking for.  When you do that you can create a steady stream of hot prospects beating a path to your door.

Newspapers are Dinosaurs and… What that Means for You

 

Now this might seem a little off track, but if you’ll bear with me here I’ll make it all crystal clear.  Print newspapers are in big trouble.  Their revenue is drying up.

 

Newspapers have never made their money from subscribers.  Nope, subscribers are just a demographic head count.  Newspapers make their money from advertisers.  But advertisers won’t spend their advertising dollars in a medium that can’t produce a return on their investment.

 

Now I don’t just mean the regular ads you see throughout the paper.  I also mean the dollars that come in from classified ads.  Once upon a time those lowly classified ads generated over 20 billion dollars for the newspaper industry.  But no more.

 

So where did all those classified ads go if they aren’t in print newspapers anymore?  Those ads have relocated to online classified ads websites like Craigslist.  There are two big reasons this information is important to you.

 

First, where are the people most likely to buy your stuff?  Answer – one of the easiest no cost ways to help the right people find YOU is through online classified ads websites.   Jacqui Cheng reports newspaper revenue from classified ads has been cut in half, yet online ads are on the rise.  

 

Second, online classified ad websites are a great way for you to get no cost high quality leads coming directly to you.  Plus it’s easy to do.  Craigslist.org is the most popular classified ads website in the U.S.  You can use this website to get local leads coming to you… and you can do it for free.  

 

All you need to do is:

  • setup an account
  • pick your state
  • pick a city
  • pick a category to place an ad
  • write the ad
  • link back to your website
  • capture lead info in exchange for something they want

Before you go racing off to Craigslist or any other classified ads website though you need to get ready.  Here are the things you need to do to prepare for success:

  • Read this report from the PEW Internet & American Life Project
  • Pick a demographic group most likely to buy your stuff
  • Write an ad that focuses on what they want
  • Include an offer they can’t refuse
  • Link back to your lead generation website

And that’s it!

A powerful way to get the people most likely to buy your stuff to contact you.  A powerful way to develop a steady stream of qualified potential buyers connecting with you.  A powerful way to keep your marketing and sale funnel full so you never have to wonder where you’ll find your next prospect.

For more information about how to get real prospects contacting you read here… TPISC Report.

 

Are You Trying to Increase Sales Riding an Old Nag?

increase sales with an old nag
Creative Commons License photo credit: Svadilfari
Many entrepreneurs, business owners, and sales professionals invest a lot of time, energy, and dollars developing a brand.

The idea is your brand is supposed to attract the right buyers to you. However, if the brand you’re working under lacks one thing it’s worthless perhaps even worse than worthless.

A brand is supposed to create a mental image and communicate meaning to a specific audience. It’s intended to communicate something important to the right potential buyers about your business and what you offer. Ideally you want your best potential buyers to only think of you when it comes to your brand.

So you want to be the Kleenex of facial tissue or the Hertz of rental cars. Great. The top brands own a market for a specific thing.

To get to that level of market dominance requires the ability to saturate your market and that only happens through the frequency of your message and the prominence of your message. Of course, if you aren’t already a top contender that also means investing enormous sums of money. And that’s just not realistic for most entrepreneurs, business owners, and sales professionals.

To dominate your corner of the market you must carve that market down into smaller more specific slices. Then you must focus on making sure your brand message contains the one thing so many brands lack that make them nothing more than expensive failures.

That one thing is relevance.

Now the thing is relevance changes. Relevance changes because of changes in the external environment and brand saturation. So if you’re just formulating and developing a brand you absolutely must focus your brand on the number one most important thing to your best future buyers right now.

If your brand fails the relevance test it’s like you’re riding around on an old nag trying to sell what you have to offer. You and what you have to offer look old, tired, uninteresting, and unimportant. No one voluntarily responds to you or your message.

When you get the relevance test right you and what you offer look interesting and people do respond to your message. Here are some things to check your brand against to ensure relevance:

  • It reflects my best potential buyer’s current environment
  • It communicates answers to my best potential buyer’s most pressing questions
  • It communicates expertise producing my best potential buyer’s most desired results

Is your brand relevant?

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Where is Your Revenue Growth to Come From?

In these challenging times, sales executives and managers tend to spend more time with strategic questions. They often try to find answers to these questions by using models designed to define growth strategies on a company level. These models have proven to be ill-suited for the purpose of defining sales growth strategies. A customer centric sales growth strategy model is therefore proposed as a framework on how to define sales growth strategies and identify the challenges linked to those strategies. The findings of this model can then be reconciled with the corporate growth strategies. The model also defines the type of resources (people) needed to execute those growth strategies.  Webinar April 30 1:00 EDT  Sign-up here to register at a discount

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