Do It! Marketing Blog: Marketing for Smart People™

Watch this short video and see if you are making these same sales mistakes... 

[Click the "Enlarge" icon in the lower right corner to watch full screen]

Scary, right?

Needy, desperate, pushy, salesperson-centered tactics are so obvious and easy to spot when OTHER people (especially spammers) do them to us.

But how easy is it (and probably imperceptible to you) to fall into the same mode with YOUR own prospects, clients, customers, and buyers?

Stop chasing. 

Stop hounding. 

Stop bugging.

Stop "following up."

Start engaging.

Start inviting.

Start offering. 

Start adding genuine value.  

That's how professionals win! 

p.s. If you want to grow your marketing, sales, and business development muscles, we still have a few open seats for the Simple Marketing Success 10-Week Virtual Bootcamp experience that starts October 8, 2013. Let me know you're interested (email or call me 610.716.5984) and I'll forward you the application materials and program guidelines right away.

Build the Tribe Before the Tent

Have you ever wrestled with these problems?

• I want more leads from my website
• I need more subscribers to my newsletter
• I can’t seem to generate any comments on my blog
• I’m not getting any traction in my LinkedIn Group
• It’s a huge struggle to fill my public workshops or events
• I built an e-learning or video course but sales are disappointing
• My Facebook business page is a ghost town
• I wrote a great book and nobody’s buying it

I’ll stop there so you don’t get too depressed, OK?

We’ve all been there. And we all know that “Build it and they will come” is the last great false hope of the entrepreneurial class.

But in that statement also lies the answer.

Think about: “Build it and they will come”

Who’s “they”?

No, really - ask yourself this question.

Maybe even write down your answer on a piece of paper.

WHO. IS. “THEY”?

Most executives and entrepreneurs I work with who want to do a better job of marketing themselves and sell more products and services will come up with these answers:

THEY is:

• My customers
• My clients
• My buyers
• My prospects

OK, let’s take this one step further - who are your customers, clients, buyers, and prospects?

Here are some clues:

1. They’re not strangers
2. They’re not going to buy “sight unseen”
3. They’re not going to buy on first contact

So what does THAT mean?

1. They know you and your value proposition
2. With them, you’ve built up visibility and credibility
3. They buy (usually) based on a relationship, not on a single transactional impulse

Frankly, we all WISH buyers would buy ALL our products and services on a “transactional impulse” but that almost never happens, unless you’re running late night infomercials for knives - or insomnia cures. That one phone call - that one sales page on your website - that one email - that one postcard is almost NEVER going to make the sale.

Whatever product, service, or program you’re selling - the bottom line is simple:

You have to build the tribe before the tent.

Rather than this sequence:

1. Invest time, money, effort, and energy (lots) to create a new product/ service/ program
2. Offer it for sale
3. Crickets. (Silence.) More crickets 

What if you created this sequence:

1. Be as helpful as you can to as many people as you can as frequently as you can
2. Build a loyal, fast-growing tribe of followers, fans, subscribers, and friends
3. Offer value and invite engagement
4. The next time you create something to sell, they’re lined up, credit card in hand, eager to buy the moment it’s released for sale

Who does this?

Rock stars. Artists. Gurus.

How?

They built the tribe before the tent.

• Your website = your tent
• Your keynote speeches and seminars = your tent
• Your professional services offerings = your tent
• Your newsletter = your tent
• Your coaching and consulting programs = your tent
• Your blog = your tent
• Your LinkedIn Group = your tent
• Your workshops, conferences or events = your tent
• Your e-learning or video courses = your tent
• Your Facebook business page = your tent
• Your book = your tent

At the beginning, who and what are inside these tents? Obviously - it’s you. And a small fire. Just enough to keep you warm.

Now imagine yourself running around between these ELEVEN different tents, frantically tending those eleven fires, scrounging around finding enough wood to keep each fire alive.

• How much room is there in each of these eleven small tents?
• How available are you to welcome visitors into any one of those tents?
• How much of a success (or failure) would you feel like if you occasionally got between 2-3 visitors in each tent to sit down and tell you their story or enjoy a toasted marshmallow with you?
• How much time could you spend with THEM before running out to one of the nine or ten empty tents and leave them to entertain themselves?
• How long do you think they'll stay in that empty tent without you to serve as host and with the fire slowly sputtering out in your absence?

Hmmmmm... interesting questions, right?

Now imagine things the other way...

You have a thriving tribe...

• You offer them value
• You invite their engagement
• They start to follow you around
• First 5 people - then 10 - then 25
• And pretty soon 50, 100, 200 or more...

At some point, these folks will want to sit down - they’ll get hungry - they’ll get cold.

So you build something for them - a tent - and they welcome the opportunity to sit down with you around a blazing fire. They’ve each brought a log. One has a lighter. Another brings out some hot dogs. Someone else brought baked beans. Others start to break out the marshmallows, graham crackers and Hershey bars - S’mores for everyone!

There’s ONE tent. It’s not YOUR tent. It becomes OUR tent. You’re the leader. The provider. The sherpa. The guide. They gladly follow you for two reasons:

1. The experience you provide when they follow you (value, resources, stories, ideas, guidance)
2. The community you’ve built around them (the tribe, the relationships, the company of like-minded friends)

This is a much larger conversation -- and it’s tied to a very exciting project that we’re working on with some of the coolest small business experts on the planet. Can’t say any more than that for now. But stay tuned and you’re sure to hear more about it soon.

But the question YOU need to ask for the moment is…

How can YOU build the tribe before the tent?

Because sitting around in a small empty tent, exhausted, cold and alone… well, that just isn’t a lot of fun, is it?

What do YOU think? What are some examples of “building the tribe before the tent” that you’ve experienced? Are there some people YOU admire whose business fits into this model? Please use the COMMENTS area below to share your thoughts and experiences…  

There are only three problems that you, as a small business owner, entrepreneur or professional service provider, are ever going to be in a position to solve.

You may sell the world’s greatest widgets… You may have patented the most efficient doo-dad your industry has ever seen… Your flagship service may be the most effective on the planet with the only 100% bulletproof guarantee in the business…

Hard truth:

• None of your prospects has a widget problem
• None of your prospects has a doo-dad deficiency
• None of your prospects stay up at night searching for a bulletproof guaranteed service

Let’s reframe your sales conversations as a delicate balancing act of investigating your prospect’s most important priorities and connecting your product or service to solving those specific problems or advancing those specific goals.

For the executives and decision-makers you’re selling to, at any given moment in time, their priorities might fall into one of three categories: Solving people problems, process problems, or profit problems. Which of these 63 sales triggers do you use the most? (Please use the COMMENTS area below to chime in...)

People Problems

People problems come in all shapes and sizes, but here’s a starter list so you can probe them more intelligently during your next sales conversation with a prospect:

1. Recruiting top talent

2. Retention of top talent

3. Employee engagement

4. Recognition and reward

5. Staff utilization

6. Leadership

7. Teamwork

8. Communication

9. Coaching

10. Collaboration

11. Succession

12. Silos and turf wars

13. Gossip, gab and the grapevine

14. Delegation

15. Micromanagement

16. Perfectionism

17. Negativity

18. Entitlement

19. Arrogance

20. Complacency

Process Problems

Process problems show up as inefficiencies, gaps, missed opportunities, too much wasted time or effort, too many steps, too much waste, too much bureaucracy or paperwork or too many layers between customer and company.

There were entire industries built around business process innovation and a handful of fads from the 1950’s to the 1990’s didn’t help – the total quality movement, business process re-engineering, outsourcing, insourcing, rightsizing, you name it.

Let’s cut to the chase and catalog a brief list of potential sources of process problems that you may want to discuss with your prospect in order to get their attention focused on the desired impact of your products or services.

1. Accounting

2. Billing

3. Call Centers

4. Contracting

5. Customer Service

6. Delivery

7. Distribution

8. Engineering

9. Facility management

10. Finance

11. Information Systems

12. Innovation

13. Inventory management

14. Manufacturing

15. Marketing

16. Operations

17. Payroll

18. Product development

19. Regulatory compliance

20. Research and development

21. Sales

22. Strategic planning

23. Workforce diversity

Profit Problems

Profit problems come in many shapes and sizes.

What’s important is that when you are marketing and selling your products and services that you do NOT overlook this vitally important problem that is NEVER far from the mind of any serious prospect.

Often placed at the end of a chain reaction of internal and external variables (where your products and services come into play), when you talk about solving your customers’ profitability problems, the outcomes almost always end up with YOU using the following “so that” phrases:

1. So that you sell more…

2. So that you sell more often…

3. So that you sell at full price…

4. So that you avoid discounting…

5. So that you open new markets…

6. So that you expand your product line…

7. So that you cut costs…

8. So that you manufacture and distribute more efficiently…

9. So that you speed up time to market…

10. So that you cross-sell…

11. So that you up-sell…

12. So that you open new channels…

13. So that you raise prices…

14. So that you boost your margins…

15. So that your per unit cost goes down…

16. So that you franchise…

17. So that you license…

18. So that your stock price goes up…

19. So that your revenues increase...

20. So that you conserve more cash…

Use these 63 checkpoints and you’ll be better equipped to isolate your prospect’s real issues - and you’ll more quickly identify the “problem behind the problem” and position your products and services in the context of solving the root cause of your prospect’s current challenges.

Do THAT and your sales conversations will become more successful in the short term and much more profitable in the long term.

___________

Want hundreds more marketing, sales, and business development ideas, templates, and tools? Buy the Do It! Marketing book and get over $747 in business-building bonuses. You'll also get a kickass marketing book that might be exactly what you've been looking for to take your business from average to awesome. Buy the book now then grab your bonuses from this link.
You can thank me later. Rock on! 

Disclosure: I never badmouth anyone in public. EVER. Even if they deeply and richly deserve it. And I’m not about to start now, even though this story may send chills down your spine. All names have been removed to protect the goofy.

First, check out this exchange (via Facebook message) between me and a successful international keynote speaker with whom I am friendly (and who earns in excess of $20,000 per speech):

• HIM: hey you do ongoing coaching type programs, right? 
  like you get clients that pay you X per month or year for telephone time or something else?
  im asking because i was approached recently by a CEO who wants me to do executive coaching/mentoring for him.  do you have some sort of outline i could follow please? i havent structured a deal like this before

• David Newman
  I do marketing coaching, not “executive coaching” but many of my clients DO - usual structure is 2-3 phone meetings per month with email access to you in between and for CEOs I wouldn't charge less than $5k per month. 7500-10k per month if the meetings are in person. Normally you'd lock them in for a 6- or 12-month commitment.
  That's all you need to know to close the deal. Boom - you owe me a Pepsi.

• HIM: lol thanks. but what do they get for their money ? in terms of time commitments etc and i dont have any formal program structured. or is it pretty informal? they call and you just shoot the shit?

• David Newman
  If the content of the expertise you're trying to sell isn't in line with what the CEO needs or expects, you're toast - you can't just charge for something and "wing it" - don't mean to be harsh, bro - but are you playing to your strengths here??

• HIM: he approached me, not the other way around
  he was in my audience recently and came over to me and said he wants to hire me to be his executive coach
  so i certainly havent promised him anything i cant deliver
  but i dont have a bunch of papers and programs and checklists or any formal program, because this is not something i normally do.

I’ll stop there simply to spare you the pain and embarrassment of more.

What’s wrong with this picture? I could go on and on but I promised myself this would be a short post.

PLUS I want to hear from YOU in the Comments section below about your reactions and advice in avoiding this type of train wreck.

Here’s my 6 cents on what is dangerous and crazy about this exchange:

1. Someone who can deliver a killer keynote speech (regardless of fee level) does NOT automatically qualify as an executive coach. Totally different skill set. It’s like hiring a virtuoso pianist to build a custom stereo - yes, they both make music. But the similarity ends there.
    
2. “Do you have some sort of outline I could follow?” Imagine this question coming from a jet fighter pilot, a brain surgeon, or a trial attorney. There is no outline -- it’s a skill set that takes YEARS of study, serious expertise, and deep experience. You don’t “follow an outline.”
    
3. “I don’t have any formal program structured.” Here’s your first clue, Sherlock Holmes - if you don’t have a formal program for what you’re trying to sell, then you have no business selling it. Holy cow, do I really have to spell this out? Shouldn’t this just FEEL wrong? Apparently not...
    
4. “They call and you just shoot the shit?” Umm, no. I just gave my friend some pricing guidance that a high-level executive coaching program is at least $5,000 per month. And he asks me if that money goes toward “shooting the shit”? Seriously? (Maybe I should reconsider going into the executive coaching business after all.) Meanwhile - there are serious, committed, high-value executive coaches that just read this and their foreheads are about to explode. And I don’t blame them.
    
5. “But Dad - HE started it!” OK, that’s not exactly what he said. It was “he approached me, not the other way around” as if THIS makes it OK to charge money for a service that my friend is neither qualified nor prepared to offer. But wait. we’re not quite done - it gets worse...
    
6. “I don’t have a bunch of papers and programs and checklists or any formal program, because this is not something I normally do.” Again, let’s transplant this statement to a different profession - forensic accounting, cancer research, or defusing bombs. You’d probably want each of these professionals to show up with more than “a bunch of papers and checklists” to fulfill their responsibilities, correct? And you might even be more nervous to learn that “this is not something they normally do.” The lesson? THEN DON’T DO IT!!!

Not to brag, but I’ve presented over 600 marketing keynotes, seminars, and strategic work sessions since 1992. I’m certainly not a $20,000 speaker like my friend, but I’m pretty damn good at what I do in front of a group.

I’ve also served as a marketing coach and marketing mentor to nearly 400 executives and entrepreneurs both individually and in my group programs since 2002. I’m pretty awesome at that.

(By the way, if all this seems too bragalicious for your personal taste, I would challenge you that if you don’t understand what YOU are truly GREAT at, you’re going to have a hard time getting clients to pay you premium fees that reflect your value.)

Bonus question: As a marketing coach, do I have a “bunch of papers and programs and checklists”? As a matter of fact, I DO. But guess what? It’s not those that MAKE me a marketing coach. They simply make my clients BETTER clients - and more successful, too.  

What do you think of speakers who offer coaching "just because"?

Please use the COMMENTS area below to chime in with your advice, insights, and experiences on both sides of this equation - as the speaker or coach AND as the client who may have had a “disconnect” experience with a professional who was GREAT in one delivery mode and surprisingly disappointing in another?

I’ve quit.

Yup - done, finished, over.

“Quit what?” you ask?

I’ve quit blogging.

OK, that’s not quite true...

But I’ve quit blogging daily.

It was an experiment.

And it worked.

And it didn’t.

Here’s the deal - for most of last year, this website averaged between 5,000-6,000 visits per month. Not great, but not terrible either.

At the beginning of this year, I committed to an experiment - namely blogging every weekday.

Yup, 5 posts a week. Week in and week out. I stuck to the schedule and didn’t miss a day in 26 weeks. 6 full months.

The result?

It worked great.

Almost immediately (OK, it took 8 weeks, but that’s close enough) my web traffic went from an average of 5,000-6,000 visits up to an average of 10,000-11,000 visits. One month, we even generated 15,000 visits - triple the old number. I'll explain that "we" later in this post...

My opt-in rate doubled (for everything - my free ebook, blog subscriptions, my free teleseminars.)

My SEO went up - I moved from page 2 and page 3 of Google results for certain keywords to page 1.

The second result?

I found out what really worked to drive more traffic, more leads, and more business.

And it wasn’t the blog...

It was three things:

1. My new book. Specifically, the marketing plan for my book, which turned out to also become the marketing plan for the website and the marketing plan for my speaking and mentoring programs. Woo hoo - who'd a thunk it?

Lesson: If you “lean in” and commit to the marketing for ONE flagship product, service, or program like I did with my book - you will start to generate momentum that carries over into everything else that you are doing.

2. Email marketing. Plain and simple, the more marketing emails I sent, the more web visits I got. Accident? No, of course not. Most of my emails contained links back to the website for the latest blog posts, the occasional teleseminar invitation or a new program announcement.

Lesson: The more email you send that contains high-value content, advice, insights, and recommendations (aka email that’s too good to delete), the more stickiness you’ll generate for your fans and followers. 

3. FLOP - Namely, “Featuring and Leveraging Other People.” I wrote about this concept in detail here and it has also been a tremendous driver of new traffic and new friendships, new clients, and new projects. Inbound FLOP is me shining the spotlight on others. And outbound FLOP is me participating in other people’s book launches, surveys, guest blogging, and so on.

Lesson: It’s not all about YOU. It IS all about how YOU can serve and promote other experts in your field who have a complementary skill set, message, or service offering. Welcome to the new collaborative economy. They win when you win. And you win when they win.

Sooooo... I’m still blogging.

But I’ve scaled down to once or twice a week.

And I’ve scaled UP the other activities listed above.

Because that’s what generates results.

What have YOU changed up in the last 3-6 months to STOP doing what doesn't matter and start DOING more of what matters most? Please use the COMMENTS area below to share your specific changes and how they've freed up more time or made you more money... 

Are you a DO IT freak? Welcome to the club!! Please use the social media buttons at the top of this post to share it with your network. YOU are a rock star!

Ready to have fun, get smart marketing ideas, and put money in your pocket?   

Welcome to another edition of...

The Do It! Marketing podcast

In this episode, my guest is author, podcaster extraordinaire and professional speaker Craig Price. (Follow @Price_Points and @RealityCheckPod on Twitter.)

Craig talks with me about the power of podcasting AND how conferences and conventions can use podcasting to build buzz, excitement, and grow attendance - even on a shoestring budget.

Listen in and then share YOUR advice, insights and recommendations in the COMMENTS area below... 

1. Top 5 Blog Tune-Ups in 5 Minutes Each
2. 10 Blogging Lessons from Your Dog
3. 13 Quick Tips for Blogging for Business 
4. It's OK Not to Blog
5. Blogging 101: 3 Reasons Your Blog Isn't Better
6. Blogging 101: 7 Ways to Write Less and Say More
7. Blogging 101: 7 Ways to Capture Ideas Like a Ninja
8. Marketing Coach: 41 Fresh Blog Post Ideas
9. Gesture Writing - NYTimes.com

What do YOU think? Please use the COMMENTS area below to share your advice, insights and recommendations on these ideas and join the conversation... 

As you may know, a wonderful team of small business experts and I are organizing the inaugural America Talks Business Conference coming up on July 25. (Conference info is here and you can still register with early bird savings here.)

One of our media partners is Entrepreneur Magazine. When I shared this news with my friend Dan Janal of PRLeads and PressReleaseSender.com, his first comment was, "Looks good. Congrats on getting Entrepreneur magazine. You are one well-connected guy!" 

I sent Dan back a note that said, "Not well-connected. Just fearless in asking."

And he closed out our email conversation with this brilliant observation: "Same thing, I guess!"

YES!!!

It is the same thing indeed.

So here are some questions for YOU: 

1. Who do YOU need to be well-connected to?

2. Who do you need to fearlessly ask for help?

3. What's stopping you from asking? 

4. What's the worst that could happen? 

5. What's the best that could happen? 

6. How much do you care about #4? 

7. How much do you want #5?

8. Is it time for YOU to do some fearless asking? 

p.s. The June 17 deadline is coming up for Entrepreneur Magazine's Entrepreneur of 2013 competition. You can't win if you don't enter. They are accepting applications for Entrepreneur of 2013, Emerging Entrepreneur of 2013 and College Entrepreneur of 2013. See if you qualify to join the ranks of other inspiring entrepreneurs: http://www.entrepreneur.com/e2013 

Guest post by DJ Waldow

Are you wondering how to add social media to your email communications?

Email and social media marketing go together like Batman and Robin.

They both can be effective on their own; however, when combined, their (super) powers can save the city and exceed your marketing goals.

Is Email Dead?

In this article I’ll show you how to combine email marketing with your social media efforts.

In a recent StrongMail survey, ”More than two-thirds of business leaders (68%) say they plan to integrate social media with their email marketing efforts."

As a guy who lives, breathes, eats and sometimes dreams email marketing, I was thrilled to see email getting some mainstream love.

You may be thinking, “Hey, isn’t email dead?”

Think again. I mean, sure, there are certainly case studies of companies forgoing email and replacing it with social media. I’d argue that these are exceptions, certainly not the norm.

This blog post and infographic on the value of email by SmarterTools will quickly dispel the “email is dead” myth.

Need one more proof point that email is not dead? How many times have you checked your email this week? Today? Since you started reading this blog post? Okay. Now that we are all in agreement, let’s continue...

Read the rest of this article here...

Guest post by Mark S A Smith

Image source: BellaDomainMedia.com

When you’re an expert on a topic, people want to learn from you, and if they can, they want it for free.

They’ll say, “I want to pick your brain. Let me buy you lunch.”

Worst case, they’ll take you to a fast food restaurant and buy you a $5 meal and get thousands worth of advice.

Best case, they’ll take you to a great restaurant, spend $100 and get thousands worth of advice.

While it’s great to meet new people, here’s how can you say, “No, I won’t have lunch with you just so you can get an hour of free consulting” without sounding like a jerk.

1. Just Say, “No”

If you don’t want to discuss your expertise with them, reply with “Sure, but I have ‘no talking about work’ policy at lunch.”

2. Just Say, “Yes, but…”

Or say, “I’d love to have lunch with you. But, if you are looking for input on your project, I charge a consultation fee even if we’re dining. Otherwise, I never discuss work over food. What day works for you?”

3. I Will, If You First…

Get them to do something that shows commitment and shortcuts the process before you accept their invitation.

Say, “Sure! I’m happy to meet with you if you’ll first…” Have them send you an email describing their biggest challenge. Or have them fill out your assessment form. Or, if you’re a content creator, have them first take one of your mini courses.

Guess how many people call to follow up? Very few. Those that do are serious. Those that don’t, aren’t. Do this, and you don’t waste your time on those who aren’t committed.

4. Send Them to Your Website or Blog

Say, “I’ve got a really full schedule for the next month, so why not check out my blog (or website) that answers many of the questions that I get when people invite me to lunch. So, take a look, and send me a list of questions, and we can then schedule something next month.”

5. First, Buy My Book

If you’re an author, say, “I recommend that you first read my book. I specifically wrote it to answer the most common questions that I get. Whatever advice I have to give on [your topic], it’s in there. And it’s cheaper than lunch. So, jot down your questions as you read it, then call me and we can schedule lunch.”

6. Bring a $100 Bill

Say, “Brain picking isn’t free and I don’t eat cheap food. Bring a $100 bill and buy me lunch at a nice restaurant. If you’re not happy with the value of my advice, keep the hundred.”

One of my colleagues does this and he always keeps the hundred.

If they object, say, “I tell you what. I’ll give you three free pieces of advice right now that will make you more successful. Your first free success lesson: never do free consulting. Your second free lesson: free advice isn’t acted on like paid advice. Your third lesson: if you don’t get value in exchange, there is no real value generated.”

And I invite you to pick my brain with free instant access to the questions I get frequently asked when people invite me to lunch. Go to http://CompetitionProof.com now to learn great ideas to sell more, keep more margin, and keep your competitors out of you accounts.

Article Source: http://EzineArticles.com/?expert=Mark_S_A_Smith

What do YOU think? Please use the COMMENTS area below to share your advice, insights and recommendations on this topic and join the conversation...