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Archive for Sales

So much of 2011 was full of media stories about the recession, trouble in Europe and banking issues across the globe, yet my coaching clients had an average personal income of over $200,000. Was it a fluke? Maybe a magical potion or heck could it have even been the shoes?

Whenever I share the results my clients achieved, the big question I get asked is…

“How’d they do it?”

Well here is your answer in 5 simple steps

  1.  They ALL got extremely clear about what they wanted
  2. They ALL made a firm committed decision to achieve their goals
  3. They eliminated shiny objects and distractions
  4. They immediately got back to basics – meeting clients, prospecting and building relationships
  5. They all took their personal branding and marketing to a whole new level

I am not saying that any of this is easy. We had times of discouragement, frustration and plenty of times we wanted to throw in the towel – but through it all they persevered!

Success is simple, it’s the work that it takes to get there that is hard.

Are you coming to the marketing event of the year? Personal Branding Mastery on February 10th, 2012 in Nashville, TN - will I see you there?

 

Information Products Make YOU the EXPERT!

Are you addicted to information products? Many people around the world are. They’re quick and easy, they help us solve problems in our life and they’re a great way to gain education and knowledge without having to leave our homes.

Additionally, they’re instantly accessible. We can download a workshop, book or expert interview and read it or watch it on our mobile devices, from our couch or while sitting in the waiting room at the doctor’s office.

Information products have become immensely popular and are one of the best ways to build your Personal Brand!

Because of their popularity information products also have the ability to serve a number of business building functions.

Information products can:

Just looking at what an information product or products can do for your personal branding is enough to make you want to get creating, right? Before you begin creating an information product, however, it’s important to determine your ultimate goal.
What Do You Want Your Information Product to Accomplish?

This is the first question to answer. Once you have the answer to this question, then you can move onto the actual product creation process.

So…what’s your product’s goal?

Take some time to contemplate the answer. Look at where your business currently stands. Are you looking for more traffic? Do you want an introductory product in your sales funnel? Do you need to add a top level product to your sales funnel? Do you need to build an opt-in list?

Action Step – Start with your goal first. Write down what you want to accomplish with your information product.

Want to know more? Join me February 10th, 2012 in Nashville for the Personal Branding Mastery Conference! I will show you the exact blueprint to make YOU the Go-To Expert in your business!

Every business owner, sales professional and service based pro I meet is looking for a way to stand out from the crowd, build their personal brand and attract their ideal client. The challenge is always – what is the best way to make that happen?

Years ago when I was owned my mortgage company I was faced with the same problem. How could I get people to see me as the Go-To Expert™?  As I looked around, observed and studied experts in other industries I realized that there were certain items they had that created a distinct separation and branding for themselves.

They had written their own books, recorded their own audio products and even had podcast of their information. In fact I recently watched a video interview with Seth Godin where he spoke about the move to the information age. Everyone is looking for relevant information that solves their biggest problem and someone is going to provide that info, will it be you?

There are 3 Big Reasons that every business owner needs to create their own information products.

  1. It Builds YOUR Confidence. Confidence is the one area every business owner needs to succeed. Without confidence, there is not a system in the world that will improve your sales
  2. Credibility and Influence with your target market. Providing relevant informational content in the form of audio, white papers, books etc will gain you credibility with your audience.
  3. Attract your ideal client. Informational products, when put together the right way, will attract your ideal client to you.

I learned this lesson years ago with my first audio product, How to Buy Your Dream Home in 7 Steps. It was a huge hit and I received a lot of business as a result.

Want to know more and find out how to stand out? I am going to be hosting a 1 day seminar, Personal Branding Mastery™  in Nashville, TN on Feb 10th 2012 where I am going to show you the exact blueprint for creating your own informational products that will explode your sales! Find out more by clicking here.

 

 

6 Stratgies to Effectively Manage Your Database

Tuesday, November 29th, 2011

One of the classes I believe they should be teaching in school is how to build a network of connection and effectively manage a database. In fact I believe that it is a crime that they don’t teach more about building relationships, but that is a whole other post.

Nearly every single time I coach and consult individuals and organizations I find that their database management is almost non-existent – SHAMEFUL! Your database is your ATM to future customers and as such deserves your attention right away.

One of the reasons I am given about not having a database is that people are confused over which one to select. Let me solve that dellima right away…

“The best database software, program or online system to use is…the one you will actually use!”

I know there are plenty of options, but you need to pick one and start using it right now. Here are some systems to help you effectively use and manage your database.

  1. Put contacts into categories such as Prospects, Past Clients, Opportunities and Referral Partners
  2. Collect the important data like birthdays, anniversaries, hobbies and things of importance
  3. Send handwritten note cards – a minimum of 3 per day
  4. Send Birthday and Holiday cards
  5. Have a regular email
  6. Make proactive phone calls on a regular basis

If you are a business coach or consultant and want to use what I use to grow my business, then click the banner below. It is my affiliate link, so if you decide to buy, I just may get compensated :)



 

 

The Two Essential Abilities Needed for Success in Sales

Monday, November 28th, 2011

Are sales people born? Ask 10 people and you will get 10 different answers.

So rather than debate whether or not sales people are born, I want to focus on two abilities that I believe are critical to success for sales people. There are numerous systems, checklist and strategies for selling, but as I have discussed before, if the sales pro lacks confidence, the systems simply will not work – I don’t care who created them.

So what are the two abilities critical for success?

#1 Like-ability. Very few coaches and trainers address the issue of likeability, probably because it is uncomfortable to tell someone that they are not like-able. Be that as it may, the reality is that if you want to really succeed in sales, then you need to be likeable and the best way to be likeable is…

  • Be genuinely interested in people
  • Ask questions about the thing they like to talk most about – themselves

#2 Market-ability. I write, speak, coach and train on Personal Branding, but it doesn’t work the same for everyone. Some people are just more marketable than others and that normally comes down to their personality. When it comes to marketability, I have found the following makes the difference

  • An out-going personality
  • Being genuine
  • A sense of humor
  • The desire to give value and help people

So there you have it, the two abilities that will really make your sales career skyrocket.

 

My 4 Step Formula for Rapid Growth in Your Business

Wednesday, November 23rd, 2011

Many of my regular readers know that I have recently published a children’s book, Squiggly’s Race to the Ark. The other day I was talking to a friend and he asked me what my plans were to market and promote the book.

I thought for a minute and said, “I’ll just use my rapid growth blueprint™. It has worked for every business and launch I have done as well as what I teach my coaching clients.”

Needless to say, he was intrigued and asked me what exactly was my Rapid Growth Blueprint™? I agreed to write a blog post describing my blueprint, so here it is, complete with a picture :)

STEP 1: Find your biggest fan! This part is critical. You need to find a customer FAST! who thinks that your product or service is the best thing since sliced bread. I really mean it. Having the right fan is critical to making the rest of the formula a huge success.

STEP 2: Cut a deal with them! Do whatever you need to secure them as a client. If you need to cut your price, offer a discount or give some added value, don’t hesitate, just do it. Why? Because it will be their testimonial, that will propel your business and attract more customers than any other advertisement you could possibly do.

STEP 3: Get testimonials – Pictures and VIDEO! This is what you really want! Why? Because future clients believe and trust testimonials. They are the social proof that you provide stellar products and services. But don’t just get any testimonial, get a video testimonial and pictures with you and your happy customer. You will be able to use these on your website, and in other future marketing materials.

STEP 4: Use the testimonials to get new clients. Don’t get shy now! Use the testimonials EVERYWHERE! Blog about them, share them on social media and include them on other materials as well. Wouldn’t it be cool to put them on your business card? Think outside the box!

 

Regardless of your business, there are some standard rules, that when applied correctly, produce amazing results, loyal customers and piles of profits. Some of these rules may come easy, while others you may need to work for some time to completely master, but when I look back over my business career, I wish I had someone shake me hard enough to get these through my thick skull.

  1. The #1 Rule: Be willing to walk away. You really don’t “need” every deal. Have the confidence to walk away from customers and deals that just don’t feel right or fit your business plan.
  2. If you have to drag them in, you have to drag them through. Customers that want to dictate terms and tell you how to run your business are neither profitable, nor do they send referrals (and if they do send you a referral, they are just like them) Don’t spend time trying to sell someone. Give them the features and benefits and let them make a choice.
  3. Confidence is everything. Without confidence, there is not a plan, checklist, or strategy in the world that will work. When it comes to gaining confidence the rules is – “Do whatever it takes to build your confidence”
  4. Get momentum FAST. My business coach, friend and mentor, John Maxwell calls this the BIG MO. It can be hard to get and even harder to keep. Momentum can change the outcome of a ball game and can change your business, so do whatever you can to get momentum FAST!
  5. Become a master marketer. You can be the best at your business, but being the best does not mean you will create customers or profits. Make sure you learn all you can about marketing, because the best marketer will outperform the best in your business everyday and twice on Sunday’s.

Two Competitors That Every Business Owner Needs to Know About

Thursday, November 17th, 2011

The best business would be the service or product that everyone desperately wanted, and only you provided; however, that simply doesn’t exist.

Competition is out there, but most business owners are not clear about the real competition they face every day. Over the years I have found that there are 2 very real, very big and very determined competitors and you should not only be aware of them, but you must also make sure you conquer each one of them in order to make your business the best it can be.

COMPETITOR #1: Yourself

Everyday you get up, you must battle those little voices that will try their best to convince you that you don’t have the goods to make your business work. You have to make sure that you are not just knowledgeable and a marketing genius, but you must make sure you are mentally fit! Investing in your mental toughness is the best defense to overcome this competitor.

COMPETITOR #2: The people who want it just as bad as you!

Let’s say that there are 50 other people in your town that do the same type of work as you. That does not mean you have 50 competitors. The only real competitors you face are those few (and I mean few) that want it as bad as you. Make sure you are investing in yourself, your business, and your systems to deliver MVE – More Value Everytime™

The one who wins is not the one with the lowest price it is the one who solves the problems by under-promising, over-delivering and providing more value than the customer expects.

 

 

Every business needs customers, but before you get a customer, you get a prospect. ( and probably a few suspects as well). Great marketing can bring you in a flood of new customers, but if you or your team are making these mistakes, then you could be losing business.

I teach my clients all the time that marketing is everything from what you do to get customers in the door (external marketing) to what you are saying and doing to convert them into paying clients (internal marketing). An example of internal marketing would be how the receptionist greets customers.

Most customers won’t tell you things that are hurting your business, they simply just walk away into the proverbial sunset and the majority of business owners think they lost them on price alone.

Here are 5 things that are slowly killing your business and your customers may never say a word to you about them.

  1. They don’t understand what you are saying. Industry language is find for the company party or seminar, but drop the use of acronyms and industry terms when you are talking to your clients. Use common everyday language and analogies that help them to understand how you can serve their needs.
  2. They don’t feel appreciated. Just like Norm says, “You want to go where everyone knows your name” Take time to acknowledge your clients in a special way. I have several clients who put the names of clients coming to their office on a special board in the lobby so when the customer arrives, they feel special. Send thank you cards is another great way of letting your customers know you appreciate them and their referrals.
  3. Your voice mail sounds scary. They will never tell you if your voice mail makes them feel as if they have called the morgue, but you better have an upbeat tone if you want to make more sales. If I get a voice mail, at least make me think you love your job rather than make me feel like I have bothered you.
  4. Your wardrobe could use an update. Who wants to tell someone they need to take a trip to the mall because their clothing is to tight or is simply out of style? No one, including your customers, but they do notice and how you dress could be turning away lots of business.
  5. They want someone who is confident and will lead them to the the solution. People want their problems solved and they want a confident person to guide them to the solution. Giving your customers way to many options will confuse them and they will simply leave because they don’t know what to do. Ask great questions, uncover the problem, then professional take control and guide your client to the solution you offer. They will never tell you that you gave them too many choices to make a decision or that you lacked the confidence to solve their problem, they just leave.

Being successful at business means much more than handling the obvious – it means taking care of the little things so you can multiply your clients, serve more people  and have a life.

We all need customers for our business, right?

I have always said “a business that is not making money is not really a business, it is an expensive hobby.” So if that is true (which it totally is) then we all have to get busy generating new customers and sales.

When I am coaching my clients one of my key fundamentals is to GET MOMENTUM FAST, and momentum always comes from generating new sales so here are 5 remarkable ways that you can generate some fresh new sales FAST!

Ready?

  1. Be clear about who you are targeting. It is really important that you clearly know who your very best prospect is. The more clear you are about your target market, the more you will be able to find them.
  2. Be clear about the offer. I do a lot of networking events and I find that so many people do not clearly articulate what they need. Your offer needs to be crystal clear so that your target market knows exactly what to do to buy.
  3. Put a deadline on your offer. Fear of loss is one of the biggest motivators in the world of marketing so make sure all your offers have a deadline and make sure you stick to your guns. Don’t ever make false deadlines. If you make a deadline, stick to it.
  4. Reach out to your past clients. You best source of business will always come from outrageously happy past clients. Make sure you have a marketing plan that keeps you in front of your past clients 18-36 times per year at minimum. There are a lot of businesses competing to steal your customers, so build loyalty by staying top of mind and always asking for referrals.
  5. Reach out to your top 50. You should have a top 50 list of advocates that at any time would take your call and make critical introductions for you. Whenever you feel a sales slump coming on, stop it dead in it’s tracks by calling and meeting with your to 50

Sales slumps can set up shop quick so stop them dead by being proactive in your business.