Welcome to Selling U!

Blogging for Dollars!: A Simple Bootstrap Marketing Tool

2009-07-14T00:49:00.003-04:00

blog [blawg] -noun 1. short for weblog - (world wide) web + log; 2. an on-line diary; 3. a chronological log of thoughts or information that is posted on a web page

Have you ever heard a word you’ve never heard before, and then it seems like you hear it all the time? Or what about when you bought your new car? When you got it, it seemed pretty unique because you hadn’t seen any or very few of them on the road. Then you saw a dozen of the exact same car – same kind and color – from the time you drove it off the lot until you pulled it into your driveway for the first time!

Well, it’s been that way lately with blogs. I’ve been working on and updating mine more and more. I’ve been receiving more and more questions about them lately. And I’ve been learning more and more about the benefits of having and maintaining a blog. So this week, we will look at the many benefits of blogging for your business.

Whether or not you have a website, a blog carries many benefits for your business. Next week we will look at the benefits of a blog as a complement to your website. But for this week’s article, we will look at the benefits purely based on the merits of a stand-alone blog:

· Quick and easy – Setting up the blog template can take a little time, both to learn how to set it up as well as the time it takes to actually do the set-up. However, once the blog template is set up and published, it is very quick and very easy to add content to your blog in the form of thoughts, information and communication as well as advertising specials, promotions and new product announcements.

· Very inexpensive – If you do not have the time nor desire to set-up your blog, one can be set-up for you for as little as a couple hundred bucks. From there, the only investment you have is your time as there are no monthly or annual hosting fees you have to pay to keep it active.

· Become a friend – Because you are writing in your own voice and in your own style, your customers and prospects that are reading your blog can connect with you in a unique way and in a unique tone that cannot be felt through a static website or brochure. Even the prospects that don’t know you, will soon feel as if they do.

· Become an authority – When you verbally tell someone something, you are a resource. However, when people read something that you have published, you become an authority.

· Provide immediate information – If you have something that you need to broadcast to your customers and prospects, the quickest way to do it is through a blog entry. Many people that follow your blog will subscribe to it. As a subscriber, they receive notification whenever you post a new entry.

· Accessible and approachable – When people read your blog, they connect with you on a different level than through a website or your company brochure. You have a one-on-one conversation with every person that is reading. If they have a question or a thought about your entry, they can post a comment which further establishes a sense of accessibility and approachability.

· Gain insight – When your customers and prospects read your blog and leave comments, you begin to obtain a better understanding of what they are thinking and in turn what they expect. You can also track the number of hits you get on each post which digs even deeper into the mindset of your customers. This kind of information is priceless and is very difficult to track with most any other medium.

· Build awareness – The rule of thumb is it takes seven contacts with a prospect to make a sale or become top of mind when they think of your product or service. With a blog, you can have dozens if not hundreds of contact opportunities with your customers and prospects in a very short amount of time.

If you’ve never seen a blog, you can view mine here: http://sellingu.blogspot.com. Starting out, I am using the blog to post my weekly newsletter articles for people that do not subscribe to the newsletter. (Shame on them!) As it grows in followers, I will begin to add additional posts with other tips and ideas.

Once you decide to get into the Blog world, here are a few tips and resources for you to use to start your blog and to successfully and effectively use your blog to grow your business.

· A couple of good blog sites that you can use to set-up and host your blog are Blogger (www.blogger.com) and WordPress (www.wordpress.com). Personally, I like Blogger as it seems to be a little more user friendly, but I’ve heard others say the same about WordPress.

· Don’t get too carried away with using countless gadgets/widgets. (You’ll learn what these are when you set up your blog.) My advice is to only use those that add value to your blog.

· Speaking of value, and this is VERY important, be sure that your blog entries are thoughts, ideas or information that provide value to your readers. It is ok to plug your products or services, as long as each post isn’t a blatant commercial. You’ll gain a good following by being a resource, not a pitchman.

· Be consistent and be patient. The growth, success and power of your blog will not happen overnight. It might not happen in a month. It may even take half a year or longer for it to build momentum and really take off. But the key is to build it, feed it, promote it and allow it to work for you. Make a commitment to post at least weekly. Eventually, a couple of short posts a week with valuable information will be great. Again, the key is “valuable content.”

Well there you have some good stuff to get you going. Good luck with your blogging adventure and journey. Let me know how it is going and when you got it up and running, send me an e-mail with a link to it.

Confidence Journey Part 2: What Happens When Your Journey has a Hiccup

2009-07-07T20:33:00.004-04:00

slump [sluhmp] -noun 1. a period of decline or deterioration; 2. a period in which a person performs slowly, inefficiently, or ineffectively.

A couple weeks ago we looked at your Confidence Journey from building a foundation, becoming passionate and creative and finally entering an altruistic state of confidence. As a result of much positive feedback and a few reader questions, this week we will look at how to handle one of the biggest challenges you’ll face throughout your Confidence Journey - a slump.

The following is one letter in particular that pretty much summarized and echoed the questions from the others.

Hey Scott,

I’m very confident and comfortable in the product I sell because I know it works and I know we’ve got a quality team. My question is this - do you have any tips for keeping that confidence UP in a slower market? I went through a really slow month (May) and it got me in the dumps and made me begin to question my abilities, but now all of a sudden, I’m on fire again! All through May I was driving myself crazy trying to figure out what I needed to tweak, what I was missing, what I needed to do better to get my numbers up and I couldn’t see what I was doing wrong, so then the self doubts and the questions started. But now the confidence is way back up. So at any rate, any tips for keeping confidence high through the lows?

Thanks,

Angela

This question and the others are excellent, excellent questions. However, let’s focus on Angela’s as the basis for how to keep your confidence while working through a slump. Starting out, she appears to be on the right track with reviewing the things she was doing in order to get better and break through her slump. This can be an effective course of action when dealing with many situations as it can help you identify where you may be slipping and get you back on track.

However, this can also have you spinning your wheels wondering what is going wrong. The downfall here is when you are looking for what is going wrong with what you are doing, it starts chipping away at your confidence. And when you don’t find anything to tweak or change, your confidence really starts taking a hit! My good friend Lisa would refer to this as looking at your situation from a “deficit” perspective.

Conversely, a shift in perspective may help not only break through a slump, but keep and strengthen your confidence along the way. This paradigm shift moves away from a deficit perspective to focus positively on your situation from an “asset” perspective.

(Keep in mind for the purpose of this article, we are focusing purely on “how” you can keep and build your confidence during a slump. The “what’s” that you can do is for a different article.)

Digging a little deeper into the asset perspective as it relates to making your “tweaks,” rather than look at what you may have been doing wrong or what you were missing (mentally processed as a weaknesses), look at what you have done or are doing great that led to your successes (mentally processed as strengths) and make your tweaks and reinforcements off of them. This will strengthen and build your actions and activities to push through a slump. This will also keep you focused on positive actions and feed your confidence.

One last thing on confidence… Remember that confidence and attitude is a state of mind. It is something that we can consciously control despite what we are going through. It may be tougher at times, but we can choose to persevere and take actions that build our confidence. With time, effort and attention, sustained confidence and positive attitude will eventually become second nature. If you have not yet seen the movie “Pursuit of Happyness,” it is an excellent example of pushing through your slump and maintaining your focus that in turn keeps and builds your confidence - even among the bleakest of times.

Wrapping up, your circumstances may make it more challenging sometimes, but remembering to look at those circumstances from an asset perspective keeps you focused, energized and confident. It is then - with focus and confidence - that you will be able to see the opportunities and the doors that are opening up to you, rather than the road blocks that are being thrown at you.

Your Confidence Journey: The 4 Stages of Your Personal Confidence

2009-06-22T21:04:00.000-04:00

confidence [kon-fi-duhns] -noun 1. belief in oneself and one’s powers or abilities. 2. The state of mind characterized by one’s reliance on himself, or his circumstances; a feeling of self-sufficiency; such assurance as leads to a feeling of security; self-reliance

Successful sales people share many of the various sales traits; however there is one that you will find in every successful sales person - Confidence. This week we will look at this key characteristic in its various forms and stages and how confidence, if developed effectively, will help you to continually grow and become more and more successful. This article may be more applicable for someone getting started, but may also have an A-ha or two for anyone.

Confidence comes in many forms; confidence in product, confidence in service, confidence in delivery, confidence in performance, confidence in warranty. But the confidence that propels someone from just being in sales to succeeding in sales is confidence in self.

It’s been my experience that the confidence cycle grows through four stages: foundational, passionate, creative and altruistic. Let’s take a closer look at each of these stages.

Whether you just got started as a commissioned sales rep, are a small business owner that also wears a sales hat, or an entrepreneur that is an expert in your field, no one gets paid until a sale is made. Getting started requires a lot of time studying your product, your service, your market and several other items that will build the confidence foundation you will need for your ability to make a sale.

While you are building your confidence foundation, you will encounter some challenges and road blocks that will try to crush your confidence. The biggest is rejection. Realize that as you are growing in your confidence, you will be rejected. However, that rejection is vital in building a strong, solid confidence. Going through the rejection gives you a basis to look back on and see that in spite of it, you were able to grow. Don’t welcome rejection, but embrace it as something that is typical at this stage and is helping you get to the next level.

This foundational type of confidence is needed to talk intelligently about your product or service. Without it, your prospects will not develop confidence in you, let alone your product or service. Once you have this foundational confidence, you begin landing a few sales here and there. As a result, you build momentum, your confidence grows and you land more and more sales.

Now that the foundation of your confidence is built and is strong, you no longer speak intelligently about your product or service. Instead, you begin to speak passionately about your product or service.

Your prospect senses your passion and the manner in which you speak about your product or service and the absolute belief that what you have is the best solution available. Your passion is transferred to your prospect and his desire to work with you and buy your product is significantly increased. As a result, you now begin to close more sales more frequently.

Now comes the fun part. Wait a minute! You’re making sales hand over fist and that isn’t the fun part!? Nope. Now you’re brimming with confidence and ready to go to the next level. This is where your creativity kicks in. Not creative? Baloney! You know your product or service inside and out, you’ve spent the last several months or years building and strengthening not only your confidence but the relationships you’ve made along the way, and you’ve worked through countless scenarios that have built the experience capital that you can draw upon.

With your creative confidence in place, you now begin creating more sales rather than making new sales. Your experiences and relationships present opportunities that you were never aware of before. You use those experiences and relationships to manufacture creative ways and opportunities to sell more and more.

The final stage of your sales confidence is altruistic, where your concern is no longer how or when you will make your next sale, but whom and how many people you can truly help by providing the best product or service. The rush you get is no longer from blowing away your monthly sales goal by the end of the second week. In this stage, the rush you get is from knowing your customer is truly better off because of what you provided.

In this final confidence stage, you also not only look for opportunities to provide to your customers, but also look for opportunities to help others in your field. The experiences and opportunities you’ve had over the years is something that you look to share with others that are growing through their own confidence cycle. The joy you get here is in seeing others coming up behind you grow, succeed and eventually join you in your confidence.

Here is the exciting part - the confidence journey is there for anyone willing to take that first step. It’s not as easy as just taking a first step, you need to commit to the journey and work your tail off along the way. But the end is definitely worth the means. The journey does not discriminate and there is plenty of room for as many people that want to go. So what do you say? Want to take a trip with me? If so, shoot me an e-mail and let me know - the more the merrier!

Candor is King: Sincerity is What Really Sells

2009-06-16T21:51:00.000-04:00

can-dor [kan-der] -noun 1. The state or quality of being frank, open and sincere in speech or expression; candidness: The candor of the speech impressed the audience. 2. freedom from bias; fairness; impartiality: To consider an issue with candor. synonyms: openness, frankness, honesty, truthfulness.

transparent [trans-pair-uhnt] -adjective 1. easily seen through, recognized, or detected. 2. open, frank, candid: The man’s transparent earnestness.

Candor in sales unfortunately seems to have all but disappeared. Transparency has been eschewed out along with it. (Maybe not by you, but just in general.) Bring them back and watch your prospects become loyal customers and a huge source of repeat sales and referrals!

Do a Google search on “sales techniques” and it will return about 23,300,000 website results. Now start clicking on each site to absorb as much as you can on the various sales tips, tricks and techniques “that work.” Go ahead. I’ll wait. What? You don’t have time to click through them all? Yeah, me neither. Heck, I didn’t even click on the first one.

Now, I’m not saying that there isn’t merit to learning various techniques to assist you with your sales efforts. I study sales through books, blogs and websites like many others. However, I don’t rely on strategies or techniques as a crutch to sell for me. I would say most people know when they are being “sold.” You can see the slick salester coming from a mile away that relies on, if not depends on slick tricks and techniques.

Instead, my sales approach is a little more old fashion, if you will. It is a combination of candor and transparency. It’s from back in the day when your word was your contract and a handshake was your purchase order. Back before pushing the up-sell and filling quotas ruled the roost. You have a prospect with a need or dilemma. Provide them with a solution and give some options to consider, but focus on the true need at hand. We’ll look at how doing so will naturally up-sell for you later in this article.

Unless your prospect is totally clueless about what they need - and most never are - too much up-selling will insult their intelligence and drive their right away. With the internet, our customers are very savvy and many times know most of what they need to know to make a buying decision. All they need from you now is a few ideas as to the various options and a price.

(I’m tempted to go off on a tangent here and discuss the importance of adding value to the service and information you provide your customer. But I’ve done that in previous articles -visit the Archived Newsletter page at my website - and will do so again in the future. Just know that for the purpose of this article, we are focusing purely on sales approach.)

Start out asking great questions so you are clear on what their need or dilemma is. Confirm with your prospect that you do in fact have full understanding of what they need. Then, with full candor, provide your solution. Be descriptive with the benefits and paint the picture for them of how the features of your product or service will produce their desired outcome. At the same time, be forthright with potential drawbacks, if there are any. It is very rare that there isn’t at least one Con to go along with all of the Pro’s. We all know this and your prospect will appreciate the heads up.

Sharing the potential drawbacks of a product or service, not matter how insignificant, is selling with transparency and is another thing your customers will appreciate. Transparency tears down the walls of skepticism and builds a foundation of trust. With that foundation in place, you now can build a long-term sales relationship.

Let me share with you a story of a meeting I had very recently. I was meeting with a potential client when a competitor showed up early - a day early - for his consultation. Before he showed up, I had already assessed my prospect’s dilemma, concerns, budget restrictions and what kind of bells and whistles would be acceptable as well as which would be frivolous to him. I had gone over a few options and candidly explained the benefits of each. I had also explained a few of the drawbacks or reasons why someone may not consider that feature to be important.

When the other guy showed up, I introduced myself to him and gave him an opportunity ask his great questions to uncover the prospect’s need. Instead, he skipped right to his “pitch” and began bombarding the client with feature after feature. Upon seeing his approach and the confused looked on the client’s face, I sat back and just let this guy finish. He then left as quickly as he came, and I continued to work with the client towards the solution that best fit his need.

I never once mentioned some of the bells and whistles the other guy was trying to up-sell because I knew they didn’t fit with what the client was looking for, nor did they make sense with the budget he was working with. He did ask me about them, so I candidly explained why I didn’t bring them up. I shared with him the benefits they could provide, but also why the benefit was offset by the additional cost, lack of return on his investment or the potential drawbacks.

The last thing he said to me as we wrapped up the visit is how much he appreciated my candor and how up front I was with everything we talked about. As I was about to leave, he chased down a bicycle ice cream vendor that was going by and bought me the best watermelon popsicle I’ve ever had. Yeah, I think he appreciated the candor!

5 Reasons to Use Testimonials

2009-06-09T21:51:00.000-04:00

Most every service profession has a set of tools they use to do their job. Building contractors have hammers, saws and other power tools. Mechanics have their wrenches and diagnostic devices. Painters have their brushes, rollers and sprayers. You get the picture. We all have a set of tools we use to do our job or to do our job better. This is especially true for people in sales.

Sales people have a different kind of tool set they use. Some of these tools include marketing materials like brochures and samples, a Blackberry and their Customer Relationship Management software. However, perhaps the most powerful tool a salesperson can use is a testimonial. And not just one testimonial, but several.

If you are not using testimonials, you are probably walking away from sales that may otherwise have been in your pocket! If you do not have any written testimonials, go get them. Identify ten of your best customers and maybe a couple others that you had a unique sale or situation with that would provide a great testimonial. Call them or stop by and ask them for a written testimonial. Your customers know the value in having testimonials themselves, so they should be more than happy to help you out with one from them.

Now there may be as many reasons to use testimonials as you have testimonials to use, but let’s take a look at five of the more powerful reasons to use them: Believability, Credibility, Examples, Outcomes and Reduced Anxiety.

Believability - Pictures may be worth 1000 words, but a testimonial is 1000% more believable than your word. This isn’t a personal knock on you, your character or integrity. But let’s face it, when dealing with a new prospect, it seems salespeople already have two strikes against them when they walk in the door. This is probably due to many prospects having been burned at one time or another by someone in sales.

However, if your prospect hears what you have to say, and then you back it up with a stack of testimonials from several other customers that are saying the same thing, your prospect will be much more apt to believe what you are saying. With testimonials, you aren’t “selling,” you are providing.

Credibility - Many people see their experience with a salesperson as a “me-vs.-them” relationship where they are on one side of a line and you are on the other. When you provide your prospect with a stack of testimonials, they can then see themselves standing with your other customers over on your side of the line and will feel comfortable crossing over to work with you, rather than against you.

An even more powerful way to add credibility is by providing testimonials to your prospect from customers you have in the same or a similar industry. If your prospect is a contractor and you provide a few testimonials from other contractors, he will feel even more confidence in you since you’ve already worked with one of his peers.

Examples - A powerful aspect of using testimonials is they typically provide examples of not only your product or service, but also of your previous customer’s experience in working with you. This factor alone can be huge! Many new prospects may have the same questions about the details involved regarding everything from the product/service itself to the ordering and delivery process. Having a picture painted through testimonials can provide just the type details they may be looking for.

Outcomes - This is similar to “examples” in its benefit through testimonials. Where examples will set them up, outcomes will knock ‘em down! Providing your prospect with a handful of testimonials that illustrate how your product or service benefited your other customers allows your prospect to visualize that same outcome helping their company.

This benefit of using testimonials may just be the most powerful of them all. A fundamental practice of sales is to not focus on the features of your product/service, but to show your prospect what the outcome will be because of the features of the product/service that you provide. In this light, not only will you now have believability and credibility, but you will also have a heightened level of trust from your prospect.

Reduced Anxiety - The final powerful benefit of using testimonials we will look at is a little more personal. Many times a big reason why some people do not buy is anxiety that they are not making a good decision. You may have done an excellent job of explaining your product/service and painted a vibrant picture of how it will benefit your prospect (outcome). However, since all they have to go on is your word - which may be no different than the word of one or many salespeople that they may have been burned by in the past - a stack of testimonials is just what they may need to eliminate their anxiety and sign on the line that is dotted.

Want to blow your prospect away with your testimonials? Rather than give them a stack of written testimonials, give them a CD with half a dozen video testimonials! These don’t have to be anything that is commercially produced with fancy graphics. Just grab your cam-corder, maybe a tri-pod to keep it steady, and get some 30- to 60-second testimonials. Burn each file to disc and voila! Better yet, find any 13-year old and have them put those files together like a pro!

There is no “Try!”

2009-06-02T21:08:00.000-04:00

This week I am excited to write about one of my favorite topics - Attitude! Not just attitude, but positive, nothing’s-gonna-stop-me attitude. The type of attitude that does not settle to just see the glass half full. Rather, it is the type of attitude that sees the half-full glass as an opportunity to fill it up! It is an attitude that blasts past “can-do” to “WILL-do.” In short, it’s what happens when attitude meets commitment.

Before going on, I must warn you, I am very passionate about attitude and may come across a little over-the-top. But I do so to emphasize the importance and power of your attitude. I have not mastered it by any means, but I work towards it every day. These are the thoughts and mantras that drive me to sharpen my attitude. I have way more thoughts, opinions and philosophies on attitude to fit in one newsletter, so this will just be the scratch on the attitude surface. So consider this the Cliff Notes on Attitude according to Scott. Buckle up, here we go!

The foundation of the will-do attitude is to live your life on purpose. The will-do attitude wakes up in the morning and is proactive throughout the day, not reactive. The will-do attitude is a mental edge that is ready to handle any circumstance. The will-do attitude anticipates change and is on point to not just deal with change, but embrace it for the opportunities it brings!

I heard a clip from the movie Star Wars over the weekend. In it, the little green Jedi Master named Yoda says “Do, or do not. There is no try!”

Wow! Right there in eight words is the epitome of attitude and commitment coming together. It forces you to make a choice. You are either going to do something or you are not going to do something. There is no alternative. You have a goal and you go get it. You don’t get deterred by obstacles, walls or road blocks. You persevere through them, using or finding the resources needed to obtain your goal.

Trying is a black hole that lives somewhere in between “do” and “do not” that sucks the life out of the will-do attitude. Converse to the will-do attitude, the “try” attitude is effort without commitment. Trying is sticking your toe in the water to see if it’s comfortable. Trying gives up when things get tough. Trying makes accomplishment a possibility rather than a certainty.

Another great example of the will-do attitude appeared in something a friend of mine and I were talking about last week. A group of us are working on a very large community project and with only a couple weeks to go, everything is coming together great! We stopped for two seconds to reflect on where we started and the class event that is upon us and commented on how huge this event will be! It was then that I said that with most things we all do, it usually takes just as much effort to go small as it does to go big, so why not go big!?

For this week, I am going to wrap up with my favorite quote on Attitude by Charles Swindoll. The actual quote is much longer than this, but paraphrased it is “The remarkable thing is we have a choice every day regarding the attitude we will embrace for that day…I am convinced that life is 10% what happens to me and 90% how I react to it.”

So there you have it. What choice are you going to make today. Are you going to do? Or are you going to do not? (I really hope you do!)

7 Reasons to Work With Referrals

2009-05-26T21:44:00.001-04:00

Last week we looked at three types of leads: cold calls, walk/call-ins and referrals. We listed the pro’s and con’s of what makes one better than another to show how the referral is the best lead source to work with.

Before diving deeper into the benefits of working with referrals, let’s re-cap the general benefits they provide. For starters, the referral requires no cost to generate. Also, the person that is referred to you typically has an immediate need for your product or service. Finally, a referral comes to you with transferred credibility from the person that referred them to you. Transferred credibility is what really sets a referral apart. Initially, the referral doesn’t know or trust you, but since they know and trust the person that referred them, they bring that trust with them to your door.

This week we will look at seven specific reasons why referrals are the preferred lead source for optimum use of time and the best lead source to spend time trying to generate.

#1 - Easy to obtain. If you have provided value, a quality product or service that solved your customer’s problem and/or helped increase their profit and did so with a level of service that they have never experienced, their referrals are yours for the…asking! The perfect time to ask for their referrals is after the purchase is made and at some point they are raving about the product or their experience with you. Do not let this opportunity pass you by! “Ed, I’m thrilled that this has worked out so well for you! Who do you know that would also appreciate what we’ve done here?”

#2 - Very low-cost. A referral usually comes to you one of two ways; they either call you directly as a result of someone giving them your name and number, or you call them after getting their name and number from your customer. As such, you don’t have to spend dollars on traditional advertising methods to get their attention multiple times before deciding to give you a call. Another cost savings is the time it takes to seal the deal…so why don’t we take a closer look at that one.

#3 - Quicker sales cycle. With transferred credibility, you only need to re-cap what the referral appreciated from your customer’s experience and build on it rather than build the trust and overcome the skepticism that comes with many customers off the street. With the skepticism removed, you can proceed directly to GO and collect your $200!

#4 - Increased conversions. As mentioned last week, a good referral will convert to a sale, upwards of 90% of the time, as long as you don’t blow it with them along the way. I can’t think of another type of lead that you can work that would have a higher conversion rate. The only one that comes to mind is Mom and she could only be referred to you once!

#5 - Referral leverage. You’ve wowed your referral and provided them with the same great product and outstanding service that you did to their friend. Asking for and receiving referrals is now almost a given. Since through referral is how they came to know you, passing you the names and numbers of others they know is now a no-brainer. You’ve now leveraged that one referral into a handful of others.

#6 - Residual referrals. Once you start working with more and more referrals, it breeds a referral mentality in both yourself and your ever increasing customer base. The number of referral customers you will work with grows exponentially over time.

#7 - Addictive! Once you get the hang of asking for and cultivating referrals, you won’t quit! You will continually look for more and more creative ways that you can ask for them and work with them.

Alright. It’s homework time. Over the past week, you identified your top 10 customers or 10 of the most recent customers that you had a great transaction with. Now, take out your list of top 10 customers and prepare an “introduction wish list” for each of them. Your wish list will contain a few of their customers that you will ask to be introduced to. (Don’t be greedy…only list a few.)

You may be able to pull together this list for each customer based on conversations you’ve had with them or you may need to do a little research. If you need to do some research on whom some of their customers are that you would like to meet, a great place to start is your customer’s brochures and websites. Many brochures will have testimonials on them along with the person/company that wrote them. Also, your customer’s website may have a tab listing their satisfied customers, references or testimonials. Check them out and copy a few down.

Next, give your customer a call. Get the conversation around to why they purchased from you and the ultimate service they received. At this point, mention that you saw they work with (insert your wish list here) and wondered if you could get an introduction to them? People, for the most part, want each other to be successful and will at least go a little out of their way to help us out.

Here is the key: Asking for an “introduction” has two benefits. One, an introduction is less invasive for your customer than blindly handing over a name and number of one of their customers. Two, an introduction opens the door to the referral, where a random call from one of their supplier’s supplier is only a knock at the door.

If you’ve never discussed your customer’s customers, and they do not have them listed somewhere in a brochure or website, when you call your customer, rather than using your wish list, try this: Ask who they know that would also benefit from your product or service as well as the manner in which you provide it.

Notice I said to ask them “Who do you know…” not “Do you know anyone…” - there is a big difference! The latter is too easy to get a “no” answer as it does not require them to put on their thinking cap. Rather, the former question is proactive and causes them to stop and think of who they know that they could introduce you to. Again, since they want their contacts to get the same benefits from you that they did, they will go through their mental rolodex to help you out. Now go fill your funnel!

Generating the Best Kind of Leads

2009-05-19T21:46:00.001-04:00

In a way, sales flow just like water - both follow the path of least resistance. The more obstacles you remove from each, the better they both flow. Many people will read that and relate it to anticipating and removing objections during a presentation or while trying to close a sale. I say it starts way before that.

Improving your “sales flow” starts with the potential customer you’re working with. More specifically, it starts with how you came to work with your potential customer. Let’s take a look at a few different ways you can come upon a new customer. Starting out, the bottom of the sales lead pyramid is the cold call lead. A few reasons why this type of lead is at the bottom of the lead food chain include: 1) they are very hit-or-miss, usually they are a “miss”; 2) they carry no leverage of prospecting effort - you trade one call for one lead, and; 3) no credibility when they answer the phone or when you walk through their door.

The next kind of lead is the incoming lead. This lead could be in the form of an incoming phone call, a lead card that was returned from a mailing that was done, or someone walking into your store. With this lead, there is some leverage as they initiated the contact therefore at least having a need for your product or service. However, while they did call on you, odds are they also called on 3-5 of your competitors as well.

The type of lead that sits alone at the top of the lead food chain is the referral. There are several reasons why this type of lead is the most valued and desired type of lead. For starters, there was no cost to generate it. A person that is referred to you also typically has an immediate need for your product or service. And to top it off, a referral comes to you with transferred credibility.

The final advantage there is key. With other types of leads, you start from ground zero and have to build your credibility as well as the trust and confidence that person has in you. With referrals, since they heard of you from someone they know and probably trust, you have a huge advantage as they already have a heightened level of trust and confidence in you since you did a great job for the person that referred them to you.

With all of the advantages of working with referrals, you can see where many of the obstacles are removed up front allowing you to work directly on providing a solution. I’ve read that you stand upwards of a 90% chance of converting a referral to a sale if you handle it properly. (And you know that you will!)

So if working with referrals is the most desired source of leads, how do you go about obtaining them? First and foremost you have to provide superior value in your product or service as well as the manner in which you serve your customers. Without doing that, the referral door will never be opened for you. Assuming that is taken care of, let’s look at a few places to get those referrals.

One source of generating referrals is through your area Chamber of Commerce as they will periodically hold various mixers and events that are designed to bring people together for networking and doing business together. Some chambers also have leads groups that meet once a week specifically to generate referrals. If your Chamber does not have a leads group, there are also independent referral groups such as Business Networking International (BNI) that may have a chapter in your area. These types of groups are excellent referral generating machines.

In addition to Chambers of Commerce, you can get plugged into a local civic organization such as Rotary, Lions Club, Kiwanis, Jaycee’s, Optimist Club and countless others where you can get involved. My personal feeling here is to make a sincere commitment to the group and its mission and to volunteer your time and talents to helping them achieve their community goals. A byproduct of your involvement is meeting new people, networking and potential referrals.

One final way - and probably the most effective way - to generate referrals that we will look at this week is to simply ask for them. I am amazed at the number of people I work with that do not and have never asked anyone for a referral - whether that be a current customer, a friend or even a family member! What is amazing about this is there is no better person to get a referral from than someone that not only uses your product or service, but is a loyal customer and could sing your praises to no end.

So here is your first homework assignment. Identify your top 10 customers or 10 of the most recent customers that you had a great transaction with. You eventually are going to call them. However, for this week, really take some time to identify the 10 strongest, most loyal customers you have. Next week we will look at how to approach them for some referrals. Keep this in mind this week while you are working with your customers and I look forward to continuing this process next week!

Mom’s Top 5 Business Tips

2009-05-12T21:53:00.000-04:00

Growing up, we all picked up on little pearls of wisdom from our Mom that we later would use in sales and business. We didn’t know it at the time, and we may have even been annoyed with the sage advice we were receiving, but in the end (as usual!) Mom always knew best. So in honor of Mother’s Day, here are 5 tips for sales and business success we learned from Mom:

1 - Think before you speak. When Mom said this, it was usually because we flew off the handle and said something we didn’t mean or that didn’t make sense. In business, it helps us understand the needs of our customers and what they need from us.

Many salespeople use their gift of gab and go in touting their product or service’s features and benefits while dominating the conversation. Although they may make a sale, the customer may often feel like they were “sold.”

Mom’s advice teaches us consultative selling where you listen much more than you speak. You ask great questions that allow your customer to tell you exactly what you need to know to provide the solution that your customer needs. With this approach, your customer feels appreciated and knows that they invested in a solution, rather than sold a bill of goods.

2 - If you don’t have something nice to say, don’t say anything at all. (Aka: Bite your tongue!) In business, this means “don’t bad-mouth your competition.” Although this is a basic principle, it still happens and bears repeating.

For me, when I hear someone bad-mouthing the competition, first, I cringe. Then I think that they cannot stand on the merits of their product or service; that they have to diminish their competition to gain any kind of position. Looking deeper into this, when you hear someone bad-mouthing their competition, many times it can give the impression that the competition is actually better.

3 - Tuck your shirt in. Mom always wanted you looking your best. Even a motley looking crew could look presentable if they at least had their shirts tucked in!

In sales and business, we must always be ready to make a positive first impression, whether you are going to see a new customer or are welcoming new customers at your store. You also never know when you may bump into that key contact that you’ve been trying to reach and need to be ready to put your best foot forward. So, tuck that shirt in!!

4 - Always wear clean underwear. Would Mom’s really worry about your underwear if you were to ever get in an accident? I would hope that would have been about the 68^th thing they’d think about if you were laid out in the hospital from being in an accident.

In the business world, Mom was preparing us to be just that - prepared. Far too many people “wing it” going into a sale or presentation. Not only be prepared with your product knowledge and presentation information and documents, but be prepared mentally as well. Your presentation may have been the 3^rd one you’ve given that day, or the 15^th one that week, but it is the very first one that your prospective client has ever heard from you. Deliver each with the same zeal and enthusiasm as the first one you did way back when you first started.

5 - The Golden Rule. Treat others the way you would want to be treated. Whenever you acted up or acted out against someone, Mom would always remind us about the Golden Rule. For the most part, this rule would be a pretty good one to follow…except in business.

In the business world, I think a variation of the Golden Rule is more applicable. Redefined, it would read “Treat others the way they would want to be treated.” This can be done as easily as it is said. As long as you think before you speak, have something nice to say, keep your shirt tucked in and wear clean underwear, you will be in tune with your prospect and know what their expectations are and how they want to be treated.

The Power of Networking

2009-05-05T21:48:00.000-04:00

For as long as I can remember, I have been a networker. My family was recently going through some old photos, cards, etc and ran across a love letter I wrote to “Kim” back in fifth grade. The letter told her that I really liked her and asked if she liked me…followed by a box to check for YES and a box to check for NO.

But here is where the networker in me came out. After the check boxes, I wrote that if she checked NO, that I would recommend Shawn or Eric. I knew them to be pretty good guys and thought that if she didn’t like me, she should at least check one of them out instead!

To me, networking is much more than just accumulating contacts for personal gain. Networking is bringing people together for mutual gain - even if I am not one of the “people” that is brought together. Although making personal contacts is essential for gaining new business, bringing others together can also be very rewarding.

With that in mind, let’s take a look at the Top 10 benefits of Networking:

1 - Meet new people. When you attend networking events you have the opportunity to meet several new people. Take advantage of this time and do not just hang out with the people that you already know.

2 - Information gain. Networking with new people gives you the opportunity to learn more about many, many things such as: new products, new services, new technology, new resources, upcoming events, community concerns, community needs and countless other topics.

3 - Visibility. Networking keeps you and your business in the forefront of people’s mind. This is essential if you want to be the first - if not only - person they think of whenever they need your product or service.

4 - Opportunities. Through networking, you can learn about potential opportunities for new business that your competition won’t, or at least before they do.

5 - Untouchables. Networking with your contacts, clients, customers, and the new people you meet increases your ability or odds of getting a face-to-face meeting or introduction to someone that you may have been struggling to meet. You never know if that hard to reach VIP is a neighbor or a golfing buddy of someone in your network.

6 - Resource. A byproduct of effective networking is becoming a resource for others. The more people you know, and know well, the more you will be able to help others that may be in search of a particular product or resource. This leads to the next benefit…

7 - Trusted Advisor. Once you become the person to call or go to for information, contacts and advice, you’ve positioned yourself to be a Trusted Advisor - not only in general, but also in the area in which you personally sell.

8 - Referrals. One of the more obvious benefits of networking is referrals. Personally, I get as much satisfaction in giving a referral that leads to a sale as I do excitement in receiving a referral that leads to a sale.

9 - Responsibility. One of my most favorite quotes is “If you have the ability to take action, you have the responsibility to take action.” As your network grows and you make the commitment to being an effective and proactive networker, you have a certain level of responsibility to look for opportunities to pass referrals - not by obligation, but through opportunity.

10 - Having FUN! Although networking has definite business and professional benefits, it can also be a lot of fun. Meeting new people and passing referrals to them, your network and your customers can be fun and addictive.

BONUS - Karma. You may also know this as “What comes around, goes around,” Givers Gain or the Law of Reciprocity. No matter what you call it, it is very real. The more you help others and the more you pass referrals, the more it will come back to you. And usually it is greater than the level in which you gave. Try it and see for yourself. (Then let me know how it went!)

Not only are there several benefits to networking, there are also infinite ways and opportunities that you can network as well. Some of the more common ways are through organizations that are designed to help facilitate networking such as Chambers of Commerce and trade associations like the Home Builders Association and others like it. There are also groups that meet regularly and specifically to network and pass referrals.

Other networking opportunities include trade shows and business expos. You can sponsor a hole at a golf tournament and staff a table at the hole in addition to just having a sign with your logo on it. Networking opportunities can be as numerous as the people you can meet. Be creative with it and have some fun.

There are also some indirect networking opportunities. While you may join a local community organization like The Optimist Club, Rotary, Kiwanis or countless other groups for the opportunity to volunteer, give back and support a particular cause, these groups also offer opportunities to build both your personal and business networks.

There may be other benefits of networking and they may be different from one person to the next, but regardless of what the benefits are for you, there is no denying that there is Power in Networking.

Focus on the Future

2009-04-28T21:09:00.001-04:00

One of the greatest hockey players of all time is “the Great One” Wayne Gretsky. He was once asked how he got to be such a great player and he replied, “A good hockey player plays where the puck is. A great hockey player plays where the puck in going to be.”

That really hit home for me, and probably would for many people. It can be very easy to get caught up in the day-to-day grind of what has to be done now - today - to keep the cash register ringing, that we lose a little focus on ringing the register tomorrow! But is focusing on doing what we need to do today, playing where the puck is, keeping us from being great tomorrow? Hmmmm…

One that can be done with a “right now” mentality is to get out your planner and schedule “tomorrow time” knowing that it is critical to do something right now that will add some cha-ching later. It doesn’t have to be a large amount of time, maybe 15-30 minutes to just focus on the future. Schedule it on a regular basis - at least once a week to get started and more often as you get into the swing of it. Set aside time somewhere without distractions and commit to it as if you were in a meeting or with a client.

When you schedule the time, there are two ways you can invest it. You can have some “hard time” and “soft time” and both are essential to your future focus.

The first is “hard time” - and no, it isn’t a prison sentence. Instead, this is where you will spend time doing something that will directly put something into action that will either bring in new business or keep yourself in front of your existing customers as well as your prospects. There are several things you can do with this kind of time. Let’s take a look at a few:

1. Send out a hand-written note to ten customers that you haven’t heard from in a while - especially if your product or service isn’t one that is regularly used. It doesn’t have to contain sales speak, just something to let them know that you were thinking of them and hope that they and their business are doing well.

2. Pick up the phone and place a call to a couple of those customers instead.

3. Pick a customer or a prospect and take a few minutes to drum up a referral for them. Talk about doing something that keeps you in their mind! You’ll be surprised at how quick and eager they will be to return the favor.

4. Create a newsletter or some other piece of periodic correspondence that you can use that will provide value to them first - and provide value to them second! - and keep you in front of them third so you are the first, and maybe only person they call when they need your product or service.

5. Take a few minutes and surf on-line for a unique website or story that may pertain to a particular client or prospect and forward it to them with a personal note.

6. Get creative with it and have fun with it. When others see the effort today with some creativity and fun behind it, they will be more apt to ring the till tomorrow.

Now let’s take a look at the “soft time.” This is very powerful time spent and I cannot stress enough the importance of doing this. It is time that you will use to provide some focus and direction for the future. This will be time where you will dream. Not by the way of a nap, but through creating and re-creating a vision for your business/sales future. As you are painting this mental picture, keep a journal of your thoughts and ideas that you can develop and reference back to from week to week.

This will be different from setting goals and forecasting. This is more allowing yourself to dream a little and craft some mental inspiration for where you are heading. Dream wild. Dream fun. Dream successful. Dream big.

I want to be clear that I’m not suggesting the dreams of your future need to fit a social definition of big in terms of growth or successful in terms of financial standing. Rather, dream big in terms of where you’d want to be if not getting there wasn’t an option. “Big” is going to be very different for every person. Likewise, successful is going to be very different for everyone as well. It’s your big and your successful - go dream it, go focus on it and go get it!!

In your game of life, be good and live great! Spend a little time in the future and you’ll be able to “play where the puck is going to be!”

“Brand” New Sales: Consistent Message Leads to Consistent Sales

2009-04-21T21:42:00.000-04:00

Branding (braend-ing) -noun: 1) how you want a consumer to perceive you, your product or your service; 2) the sum total of a company’s value, including products, services, people, advertising, positioning, and culture; 3) the use of logos, symbols, or product design to promote consumer awareness of goods and services.

If you are in business or sales, odds are you know about or have at least heard of “branding.” In short, it is the message that you send to your customers and prospects. I think definition #2 is the most complete, but I like to take it a step further by going beyond the marketing materials, ads and customer service. If you make a promise and over-deliver, you’re building your brand. When you arrive early, you’re building your brand. The intangibles you can provide that your competition doesn’t - or won’t! - builds your brand.

Back to the imaging end of branding, many businesses think that a branding campaign is only for the “big” businesses that can afford flashy ad agencies. This does not have to be the case. Simple steps can be taken that can make the smallest business be perceived as the “major player” that they really are or could be! Even better, it doesn’t have to cost an arm and a leg to do it. Heck, it could cost as little as only a finger or two! (Maybe a bad analogy…but you get the point!)

It’s been said that a person’s perception is their reality. Therefore, how a person perceives you or your business is how you will initially be judged by them in their decision to do business with you. Putting your best foot forward with a consistent theme and message - your brand - increases positive perception. Better perception = better sales opportunities.

If asked what the image related items are, that typically are used while doing business, most answers would include: website, brochures, business cards, letterhead, envelopes, and signage. These are maybe a few of the more obvious items. But what about items that carry your logo such as clothing, pens, key chains and other give-away items?

Dig deeper. Could we also carry our brand throughout the business documents that we use such as estimates, invoices, receipts and surveys? Sure we could! All it takes is a conscious effort and a commitment to carry your brand throughout all of these things that you are already doing and printing anyway. The goal is for anyone to look at anything you have and be able to identify and connect with you in the look, feel and message it contains.

If you feel your “brand” needs an Extreme Makeover and have someone you work with on the design of these items, get with them to build and implement your consistent theme and message. If you need someone to help you do this, give me a call or drop me an e-mail and let me know. I’d be excited to work with you - and to Help You

Sales Economy: Not Bad, Just Different

2009-04-14T21:10:00.000-04:00

Let’s get the white elephant out of the room right up front. Everything we see on the news, read in the papers and hear around the water cooler is how bad the economy is and how everyone is struggling through a recession.

However, that is just not true…at least not for everyone. For every story you hear about XYZ Company that is struggling or going out of business, I can tell you about ABC Inc. that is growing, expanding and prospering. Unfortunately, success stories just aren’t sexy. They don’t sell papers and they don’t boost ratings. But what they do is motivate and give hope to those of us that are choosing not to participate in the…a-hem…recession.

Here’s the twist: For many businesses, the economy isn’t necessarily “bad.” Rather, it’s “different!” Why? Because people and businesses are now doing business differently, and it didn’t just happen overnight. There have been several events over the past 8-10 years that have caused people to change their mindset when it comes to how they do business. The recent economy has just magnified and strengthened this mindset.

Businesses, big and small, are definitely keeping an eye on their bottom line. However, any amount of time keeping their eyes on the books is time they are taking their eyes off their customers which can be very costly. This is where we step in.

What can we do to position ourselves to prosper, and to help our customers prosper in this different economy? We can start by forgetting about what our customers can do for us, and concentrate on what we can do for our customers! They expect different things; they expect more, but not necessarily for less. They will still pay for a product or service that provides value, that improves efficiencies and that increases profits. They want more, so give them more. Give them VALUE! Give them something that someone else isn’t willing to give, that someone else is too lazy to give.

Our customers are no different than we are. If we receive value above and beyond that of any other product or service provider we buy from, we wouldn’t dream of shopping around. Likewise, our customers want to do business with us as long as we don’t give them a reason to leave, or allow someone else to give them a reason! Do not be “out-valued” by your competition. No one knows our customers better than we do - let them know that!

What about prospective customers? Well, they may require a little more work, but essentially they want the same things our existing customers want - value and a reason to do business with us.

So let’s take a look at a few general things we can do to provide value to our customers, solidify their trust and confidence in us and prosper in any economy.

1. Give, in all we do, without expectations - This is just a fundamental practice. Some call it karma, others the Law of Reciprocity. No matter what you call it, it works and it feels good doing it!

2. Provide indirect value - Our products/services have features that provide benefits. Those benefits provide value to our customers through the outcomes they realize or experience. Indirect value is anything else we provide to our customers in addition to our product or service. This could be as simple as delivering a quote rather than e-mailing it our putting a stamp on it.

3. Be a resource - Rather than just be a sales rep for your customer to call when they need to place an order, be proactive and continually look for ways that your product/service can help your customer improve efficiencies, reduce expenses/maintenance, increase profits, etc. Going a step further, who else do you know or what other product/service are you familiar with that could help your customer do the same.

4. Sell for your customer - By this I mean look for opportunities to refer business to your customers. This is the true essence of networking. If they know that you are looking out for them, it will go a long way towards keeping you on as their single-source provider.

5. Be WOW!! - Don’t be good, don’t be exceptional…be memorable and be WOW! Most of your competition is pretty good and many of them may be exceptional. We need to take exceptional to a new level, put on our creative caps and commit to doing things so over the top that our customers go out of their way to tell others about the experiences they have with us. Sometimes it doesn’t take a whole lot; you’d be surprised what little things may WOW your customers that no one else is willing to do. So what is your WOW going to be?

The specific things we do may be unique to the industries we are in, but these general guidelines will help us focus our efforts to sell our products and service differently just as our customers are doing business differently.

With everyone chiseling away at our spirit from all different angles, we have the opportunity to put on our “prosper armor” and choose to succeed. One of my favorite quotes (paraphrased) is that life is only 10% what happens to us and 90% how we respond. How will you respond to the “different economy?” Will your reactions keep you in the middle of the pack? Or will your proactions position you to prosper and succeed?