Stop Talking. You’ll Get More Business.

by Peter Helmer on September 1, 2010

Your first meeting with Ms. BIG has just ended. Your slides (all 56 of them) were dazzling. You described your services in minute detail. Surely, you “wowed” her with your expertise.

At the end, you half-expected her to say “Great presentation. When can we start working together?” Instead, she said “Thanks for coming in. We’ll call if we need your services.”

You just blew it.

You committed one of the mortal sins in sales. You did all the talking.

You didn’t learn about her problems. You didn’t establish rapport. You didn’t agree on next steps. Your first meeting with Ms. BIG will also be your last.

Whet Her Appetite with K.F.C.

Ian Brodie, a UK-based business development consultant, offers a better way. He advocates the K.F.C. approach: Know, Feel, Commit.

  • Know – The prospect has to know you have the expertise to solve her problems 
  • Feel – More importantly, she must feel that you understand her problems and that she can trust you. 
  • Commit – At the end of the meeting, both of you must commit to next steps: a second meeting, sending information, an introduction to a colleague, etc.

As Ian suggests, the best way to solve the Know and the Feel issues is a conversation, not a presentation. The prospect can learn about your services from a presentation (if she doesn’t fall asleep first). But she won’t get to know you.

“Most often, the route to both establishing the things the client needs to know, and in getting them to feel the right way about you is to ask smart questions. Being able to ask the right questions that really home in on tough issues and the underlying causes will establish your expertise far more than any claims you might make about it, qualifications you might have or awards you might have won,” Ian writes.

Be Prepared

Ian suggests developing a plan before the meeting. What do you want to achieve?

 If you’re selling a complex service, you’re not going to make the sale in the first meeting. The best you can hope for is an agreement to take the next step.

First, set a realistic goal for the meeting. Maybe it’s a second meeting with Ms. BIG to discuss her problems and your services in greater detail. Then, decide how you want the initial meeting to unfold.

 To stimulate a discussion, prepare a list of questions. Without sounding like a prosecutor, you want to probe to find out more about her problems. This will not only help you find out about her but help her find out about you.

Diagnose. Don’t Prescribe.

Ian points out that consultants commit two major errors in initial meetings. They don’t listen, and they don’t probe.

 OK, you’re an expert. But your job is to diagnose before you prescribe. How often has a doctor said what’s wrong with you before first asking questions?

You’re a business doctor. First, you have to listen.

 Don’t interrupt or jump to conclusions. Ask subtle but probing questions and get the prospect to describe her problem. You need to understand the problem, but the prospect needs to understand that you understand.

It’s called empathy. You’re also building rapport.

Once you’ve completed your preliminary diagnosis, resist the urge to prescribe. Your prospect must understand that she can’t simply ignore the problem.  She’s got to solve it.

It’s your job as a professional to help your client see the true impact of the issues they face. Not exaggerated. Not blown up or overly pessimistic to try to manipulate your way to a sale. But accurate and insightful,” says Ian.

The best way to accomplish this is to help her draw her own conclusions. Don’t try to convince her. Help the prospect convince herself.

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Blogging: Get Your Feet Wet First

by Peter Helmer on August 25, 2010

I like blogging. It’s fun, and my blog has generated new business, useful connections, and speaking engagements for me.

But it’s not for everyone. Before you launch your own blog, test the waters by participating on other blogs. Then you can decide whether to take the plunge.

The Downside of Blogging

As Michael McLaughlin points out in   Saying “I Do” to Blogging: Key Questions to Ask Before You Commit to Starting One  Blogging is the perfect Guerrilla Marketing tactic. You can reach a large audience quickly, and repeatedly. The cost of blogging is low, and the technology is simple to use. It’s an excellent way to stay in touch with your existing clients and help prospective clients get to know you. “

Sounds like a no-brainer. But it’s not. Michael suggests you look before you leap. Blogging may not be an effective marketing tactic for you. Here are some of the issues to consider:

It Takes Time – I think you need to devote at least four hours a week to a weekly blog. This includes research, writing and editing, and planning upcoming posts. If you don’t like writing, a blog can be drudgery.

And guess what? You also need to build an audience. That’s an ongoing effort.

It Takes Patience – Finding appropriate blog topics requires research. You may research several topics before settling on the right one. And then you’ve got to think about next week’s topic.

It Takes Discipline - As Michael points out, “the initial euphoria” of blogging can taper off in a few weeks, especially if you get tied up on client projects. If you’ve got a weekly blog, you must post weekly. Period. 

Very few things look as lame as a website where the latest blog post is six months old. It undermines your credibility.

It Takes Diligence – You’re not Britney Spears. No one cares what you had for breakfast.

Your prospects and referral sources care about your ideas. Your blog posts can’t be off- the-cuff comments about trivial topics.

Your posts must provide useful, substantive information to your readers. That means well researched, well thought out, and well written blog posts – every time.

Get Started….Slowly

Elge Premeau in Using Blogs to Attract Attention (Without having your own) offers a way to enjoy many of the benefits of blogging without the hard work.  Simply comment on other blogs.

Here are the steps she recommends:

What Do They Want? –Understand the issues that are important to your target market. A good way to get started is to identify the publications they read and the organizations they belong to.

 Where Do They Hang Out? – Once you figure out what they want, then you need to find them. I’d recommend LinkedIn Groups as a starting point. LinkedIn offers a very wide range of industry and affinity Groups/ blogs.  And it’s a comfortable environment for LinkedIn members.

Elge suggests blog directories such as Technorati, Blogarama, and Blog Catalog to find the   best blogs for your market. She also recommends blogs on newspaper and magazine sites.

What Do You Say? – Your comments on blog posts should be relevant and helpful. Don’t promote. Educate. If the blog’s readers like your comments, they’ll connect with you.

The advantages of this approach include:

  • Getting sufficiently familiar with blogging to see if you want your own blog
  • Finding topics you can write about
  • Developing useful connections
  • Driving traffic to your site

It’s tough to jump into the deep end when you don’t know how to swim. Start in the shallow end.

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Don’t Baffle your Prospects with “Corporate-speak.”

August 18, 2010

“Let’s touch base to arrange a little face time so we can appear fully engaged. Let’s be proactive, synergistic and leverage this thing. Better yet, let’s circle back and do a deep dive so we can empower a paradigm shift with a value added, team building, best of breed, Six Sigma, perfect storm that could [...]

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Use P.O.T.S. to Connect with More Prospects

August 4, 2010

New technology has given us a myriad of ways to reach prospects: social media, email, text messages, and instant messaging, to name a few. But the most effective way to connect with prospects is through 130-year-old technology.
It’s called the telephone.
Make that Connection!
Telecom veterans refer to phones as P.O.T.S.: Plain Old Telephone Sets. ( Yeah, yeah, [...]

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Nurture Your Prospects. Don’t Drown Them. ……or Starve Them.

July 28, 2010

Your prospects are like plants. Give them the proper attention and they’ll grow (into clients). On the other hand, you can “drown” them with too much attention or “starve” them with too little.
Determining the right amount of attention is tricky. It depends upon the stage in the sales cycle.
The Right Touch
A prospect ready to buy [...]

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Don’t Turn Your Elevator “Speech” into a Commercial

July 21, 2010

You’re at a networking meeting. A woman asks you what you do.
You respond “My firm is the leading provider of best-of-breed, next-generation, cutting-edge, enterprise-class, end-to-end solutions.” Her reaction is immediate….and predictable.
She will either: (a) slip into a boredom-induced coma or (b) have a sudden and uncontrollable urge to run to the bathroom. Either way, you lose.
Your elevator speech [...]

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New Member of B2B Marketing Zone

July 16, 2010

I am pleased to announce that the Sales Lead Dynamics Blog is now part of the B2B Marketing Zone.  The “Zone” is a site that aggregates b2b blogs and also publishes a daily email digest of blogs.
 I find the site and the digest very useful. In fact, I get many of my blog ideas from [...]

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Sharpen Your Message: Offer Proof, Not Platitudes

July 14, 2010

I frequently hear consultants describe their results with phrases such as “accelerating growth,” “improving financial results,” “enhancing employee communications” and “building effective organizations.” 

These are not results. They’re platitudes.
CEO’s and business owners are not interested in platitudes. They are interested in one thing: making more money.
 That means more revenue or lower costs. Period.  You better address [...]

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What Will You Say When He (or She) Pops THE BIG QUESTION?

July 8, 2010

In romance, The Big Question is “Will you marry me?” The answer is straightforward. It’s “yes or no”.
In networking, the Big Question is “What do you do?” The answer is anything but straightforward.
But you better get it right. Otherwise, forget about referrals.  
 Many service professionals cannot clearly explain what they do. This is particularly true for [...]

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Ka Ching! Making LinkedIn Pay

June 30, 2010

Most of us probably use LinkedIn as a networking tool. Using LinkedIn to make connections is good. Using it to make money is better.
Marc Halpert can show you how.
 
Meet Mister LinkedIn
An  uber-networker (and that is an understatement), Marc has been using LinkedIn for five years. He now has over 700 direct connections. These contacts, together, [...]

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