Do It! Marketing Blog: Marketing for Smart People™

I love business books.

It's a bit of an addiction really.

Some are good, some are so-so, and once in a while a great one comes along.

This is about a great one - Rules of the Hunt by Michael Dalton Johnson. Michael is the founder, publisher and editor of SalesDog.com which is THE go-to resource online for salespeople, sales management and sales success.

Let's cut to the chase and get you fully up to speed - first a video book review, then an in-depth 35-minute audio interview with Michael. (The audio also contains "The Magic Email" that was a featured story a few weeks ago in the SalesDog.com newsletter. It has a 100% success rate to get you back in touch with prospects who have gone dark on you. You'll love it!)

Here's my video book review:

And then I invited Michael to chat with me about some of the key ideas in the book.

Listen in here.

NOTE: The audio will take a minute or two to load in your browser. If you prefer, you can download the digital audio file: RIGHT-click on this link and choose "Save Target As..." or "Save Link As..." or "Save File As..." and save the file to your desktop.

Here's to closing out your week with MORE Leads, BETTER Prospects and BIGGER Sales.

WOOF!!!

As a business coach, I love tools, strategies, templates and exercises that help small business owners sell more, more easily and more often. 

After reading this post, YOU will be able to build yourself one of the most powerful sales tools I've ever seen. (And I've seen a LOT of marketing/sales tools in my 20+ years in business.) 

Because of my involvement in the National Speakers Association (NSA) and the Canadian Association of Professional Speakers (CAPS), I've been fortunate to develop personal friendships with some of the smartest and most successful business speakers, sales experts and marketing gurus in my field.

One of these folks is known as Canada's Sales Coach - his name is Tom Stoyan and he is also a member of the Speaker's Hall of Fame (HoF). When Tom and I were co-presenting at a convention almost three years ago, he kindly participated in a small part of my program and I participated in his. We thought we'd compare notes and both learn a thing or two.

Tom picked up some ideas around social media and inbound marketing and I picked up a Million Dollar Idea called the "Why People Buy from Me" worksheet.

It is a structured process that walks you through 5 key questions - which require 10 (ten!) answers to each, giving you an arsenal of 50 selling points. You can use these in your marketing materials, sales conversations, website copy, phone calls, emails, and anyplace else you need to PROVE to your buyers that buying from anyone else would be a HUGE mistake.

At the risk of being self-serving (get over it - it's an example, OK?) here is mine for the marketing coaching part of my business.

Note I cheated on Question #3 because I did this exercise from a personal perspective, not an overall company perspective. If you work for an organization larger than yourself, DO NOT SKIP Question #3. Seek help from your boss and co-workers to answer it - or call Tom Stoyan and he'll help you answer it as part of his program!

1. Why should I buy your product/service?

1. Because you're terrible at marketing
2. You don't make time for marketing
3. You've read too many books yet implemented too few ideas
4. Because without proactive marketing, you're the best kept secret at what you do
5. Because you don't need marketing information - you need marketing implementation
6. You don't know what you don't know about marketing your services
7. You're tired of throwing money in a marketing black hole
8. You want to regain control of your marketing and sales results
9. You're tired of spinning your wheels and you're ready to commit to marketing success
10. You realize that for every marketing dollar you spend, you should get at least $3 in return

2. Why should I buy from YOU?

1. Because of my brilliant testimonials from some of the top entrepreneurs and consultants in the US
2. Because I've been the talent, bought the talent, and sold the talent so I've sat on all three sides of the table!
3. Because I give you the strategies, tactics, and guided implementation you need to generate results
4. Because my materials, advice, articles, and presentations are splattered all over the web! (You've already heard of me so I must be doing something right - what if YOU could do the same in your prospect base?)
5. Because I've been quoted or featured in the New York Times, Investors Business Daily, Fast Company, Selling Power, Sales & Marketing Management, Business 2.0 and Entrepreneur Magazine (with a picture!)
6. Because I'm the author of 3 books on marketing and professional services, including The Manager's Pocket Guide to Using Consultants (HRD Press, 2007) Do It! Marketing (AMACOM, 2013) and 21 Secrets of Simple Marketing Success
7. Because I've delivered over 600 presentations since 1992 and I've worked with 44 of the Fortune 500
8. Because I have an application process that you must go through before we work together - I don't work with any warm body with a checkbook
9. Because my programs are consistently among the highest rated at national conventions and association chapters nationwide
10. Because I have over 40 video testimonials on YouTube so you can see I'm the "real deal"

3. Why should I buy from your company?

My company and me are one and the same. See reasons above.

4. Why should I buy your price?

1. Because I have a 1000% guarantee as follows: "I'm better than anyone who's cheaper; and I'm cheaper than anyone who's better."
2. Pay one price for unlimited coaching - I'm more concerned in getting you to your destination than running the meter.
3. The fee is the fee - and if you're not making back 3-10x my fee after our work, one of us is not doing his job... and it's not usually me.
4. Everything is too expensive until you want it* (*T. Stoyan, 2012)
5. People won't spend $50 to fix a $5 problem. But they will spend $1 million to solve a $10 million problem
6. If you're not comfortable spending big money with me, why would you expect your prospects to spend big money with you?
7. If you ask anyone I've worked with, 90% of them will tell you that working with me was some of the smartest money they ever spent. The other 10% didn't do the work. 
8. You shouldn't work with me if marketing and growing your business is not a serious priority for you
9. You shouldn't work with me if your business is struggling - get sales coaching first (I'm serious!)
10. You can spend less and you'll get less - and you can also spend more and you'll still get less. I over-deliver like crazy (see testimonials) because once you're "in" with me, I have nothing more to sell you and we can get to work!

5. Why should I buy NOW? ("Now is a relative term" -- T. Stoyan, 2012)

1. Because it's rare that I have openings in my client roster - you can get in now or typically wait 3-6 months.
2. Because the longer you delay getting your marketing house in order, the longer you'll be in a state of confusion, inaction, and overwhelm
3. Because "waiting til my business picks up" to invest in marketing is like saying "I'm sick as a dog but I'll wait til I feel better to go to the doctor." It's never going to happen
4. I've never seen a marketing plan that starts with "Generate enough sales to afford marketing plan"
5. Maybe you should never buy - and you might not qualify to work with me.
6. What would it be like if your next year's revenues were much like your last year's? If you're OK with that, there's probably no reason for us to work together.
7. Are you sure you have a marketing problem and not a sales problem? Maybe Stoyan is a better fit for you. Would you like his number?
8. Because the money you're NOT making week after week, month after month, is a larger number than the money you'd be investing to restore your revenues to where you'd like them to be
9. Because you want to stop the "feast or famine" revenue cycle and get a proactive handle on your marketing process before you hit your next dip
10. Because someone you know and respect recommended we chat and I'm the answer to your prayers. (In addition to... I'm one of the most humble people you know!)

See? I told you it was self-serving.

Until now.

Because NOW - it is YOUR turn. Here is your assignment:

And then leave a comment below with your questions, thoughts, and advice on the ideas above.

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!

It's amazing to me how many professionals fall right into the marketing trap of overt self-promotion, pathetic begging, and self-commoditization. 

What am I talking about? 

I belong to several online forums, special interest sites and private message boards for organizations like the National Speakers Association and Vistage International, the world's largest CEO organization. 

At least weekly, there are requests for referrals to various types of speakers, consultants, coaches and training firms.

And sure as the sun goes around the moon, there are desperate goofballs who emerge from the murkiness and respond to these like hungry sharks chasing chum in bloody waters. Instead of positioning themselves as experts and giving the REFERRALS as asked, they see these as opportunities to play their favorite game of "Pick me! Pick me!"

Here is a recent example: 

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I'm working with a client who needs a keynoter on growth (franchise-related, if possible). Can anyone recommend a fantastic and engaging executive-level speaker on this topic?

===

Response 1: I am a professional speaker with topics from communication, diversity & personal & business growth. My firm has grown 15% in the last year, so I have some insights into the topic. [Excerpted]

Response 2: We work extensively with franchise organizations on business growth, strategy, and marketing. I'd be happy to explore whether the vast body of knowledge we have about franchise growth in our industry might be adapted to your client. [Excerpted]

Response 3: I'm a former VP with Hilton Worldwide. Specifically for the Homewood Suites by Hilton brand. I played an integral role in helping double the Brand's size - from 75 properties to 150 - in a four year period. Not sure if the hospitality industry would be an optimal choice for your client, nonetheless I'd be happy to hear more about your client's needs to see if there's a fit. [Excerpted]

Response 4: There is a fantastic niche bureau in the franchise world run by my pal Katrina Mitchell - some of these folks are extremely well-versed in the franchise world: http://www.franchisespeakers.com/ Also T. Scott Gross would be a home run for this type of group as well - which is why he's among the folks Katrina works with!!

Response 5: I'm both a speaker and a retail franchise owner, so I may be a good fit if they are still looking. I'm a leadership keynoter who focuses on building trust in teams. I also own two franchises, and am in the process of expanding into a third. View my profile for more info if I can help.

===

I'll stop there only because to quote more of these people would make me nauseated. 

Lesson: There was only ONE "trusted advisor" answer in the whole bunch. Can you see which one it was? It was the one that gave the requester what she WANTED - namely, a REFERRAL and not a self-serving sales pitch. 

The definition of a trusted advisor is a professional who puts their client's interests before his or her own.

The folks who respond like #1, 2, 3, and 5 position themselves as PEDDLERS, not PARTNERS. 

Remember: Chasing Chum Makes You a Chump

Don't do it.

What's a smarter approach? There are three:

1. Ask one of your clients for whom you have done similar work to visit that forum and post an honest recommendation of your work. A third-party endorsement means a TON more than a self-serving sales pitch.

2. Take the conversation offline. Connect the referral requester with the person you'd like to refer (or if we're back to promoting yourself, then simply connect your past client with the requester's contact details and ask them to get in touch directly.)

3. Trade referrals and endorsements. This is one of my favorites - smarter than self-promotion and easier than connecting back with previous clients. Establish a trusted circle of 5-7 experts, consultants or professional services providers whose work you believe in and would gladly put your reputation behind. Offer to tee each other up regularly for opportunities like the one above. 

in my circle, for example, I have: 

• A women's leadership guru whose message focuses on women's sanity, confidence and fun
• A NY Times bestselling healthcare author and Hall of Fame speaker
• One of the nation's top experts on building sales culture
• A top-notch trainer on presentation skills (virtual and in-person)
• One of the funniest motivational humor speakers on the planet
• A networking and referral marketing expert in financial services
• A small business leadership expert, bestselling author and Hurricane Katrina survivor

Stop chasing chum and you'll stop looking like a chump.

Question: Who is in YOUR referral circle? Get busy and create yours today!

Please use the COMMENTS area below to share your referral and lead sharing advice, success stories and feedback.

Have you ever been rejected out of hand by a prospect who not only doesn't understand what it is you DO but - as a bonus - also told you they already have it taken care of in-house? 

It's like they're saying, "Uh, I don't know what that is, but we already have that here."

This is what I call rejection by ignorance (RBI). And it is one of the most frustrating things you'll run into as a marketing or sales executive - and certainly as an entrepreneurial business owner. 

Quick example from my world - and let's see how this story applies to YOU and YOUR products, services and value proposition...

First, a bit of background to set the context. As a marketing speaker and marketing coach, I market and sell to two audiences. 

1. For marketing coaching, I market to speakers, consultants, coaches, and independent experts.

2. For speaking, I market to conferences, associations and various industry groups. 

After reading this post, you will pick up some tools for marketing YOUR products and services better, smarter and faster - and you'll also see how to avoid one of the STUPIDEST sales rejections ever. 

Ready? Strap in - this could get ugly...

Oh, wait...

First, let me share a really good speaker prospecting letter with you. I use this one to get back in touch with speaking clients and also to cross-sell and upsell along the geographic hierarchy (local - state - regional - national) of organizations I've already spoken for.

(All names changed to protect.... well, you know!) Here it is: 

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Dear Glenda,

I'm hoping you can help me. I'm trying to get in touch with the person responsible for selecting speakers for your [insert organization name] national conferences for two reasons:

1. To invite them to a conversation with me about exploring our possible fit for your speaker roster in 2013 - I presented an extremely well-received keynote at the regional [insert organization name] last year and would love to do more for [insert organization name].

The conference promo from last year is attached for your reference and the special welcome video I did for your group is here: [Youtube link]

2. If a high-energy, high-content marketing program is not a fit, I can recommend several other outstanding professional speakers to you because of my active involvement and leadership roles within the National Speakers Association.

Please do get back to me and let me know your thoughts.

-- David Newman

[Signature block]
=====

So far, so good. And please DO use this letter template above if you're a speaker, consultant, or a professional who uses speaking to generate leads and revenue for your firm.

(And yes, you're very welcome!)

And now here's where things get stupid...

A very nice person forwarded my note to their national HQ. I got this 3-line email from HQ. Please keep your eye out for the aforementioned RBI - rejection by ignorance.

=====

[Nice person] forwarded your email to me. I work with our conferences and events. Because of our arrangement with [corporate HQ], we do not have marketing speakers on our programs. [Our organization] has their own marketing division and provides the marketing support to all offices in the country, so it is not part of our professional development portfolio.

=====

As best as I can tell, she's telling me, "Uh, we have a department that does that."

That's funny because I've spoken for clients like IBM, Microsoft, TD Bank, Merrill Lynch, and Accenture and I'm pretty sure THEY all have marketing departments too!

By this logic, no Fortune 500 company would hire a sales speaker because:

They have a sales department.

No large organization would hire an outside training company because:

They have a training department.

No multi-national corporation would use a recruiting firm because (say it with me, now):

They have a recruiting department.

So what should YOU do to avoid (or recover from) RBI?

Acknowledge it - love it - embrace it.

Corollary: If you can't market and sell to ignorant people who give you stupid excuses, you're going to have a very brief career in sales.

Oh, damn... was this microphone on?

Back to the show...

The tricky part is you never know when you're going to run into this particular brand of stupidity so I don't recommend doing anything differently up front.

Once RBI rears it's ugly head, your best chance at a recovery is what I call CSI. This stands for Complement and Supplement In-house efforts.

Here's a sample phone conversation or an email reply back to little Susie Creamcheese* at the global HQ of the Moron Corporation above:

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Susie,

Thank you for your note. I understand completely.

Most organizations that I work with also have a robust marketing department.

They value the programs we collaborate on precisely because I help them with strategies, tactics and tools that complement and supplement what they're already doing in-house.

I'm attaching a brief overview of the program I'm proposing along with 5 testimonial letters from clients in your industry who have a strong central marketing function AND who had great things to say about the results of our work together.

Worth a 10-minute phone conversation? Let me know either way and thanks in advance for considering it.

-- David Newman
[signature block]
=====

BOO-YAH.

Eat that, Jack.

RBI has met CSI and it's game over.

Hope that was as good for you as it was for me.

* Little Susie Creamcheese is a favorite saying of my speaking colleague, David Yoho. Hire him. He's awesome.

* * Grab this free "Sell More Speaking" web training>>