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.

Buyers who lie should be deeply ashamed.

Salespeople and marketers have a bad rep for lying and deception but in my experience (both in my own speaking and consulting practice and via the hundreds of other consultants, entrepreneurs and independent professionals who tell me THEIR horror stories), PROSPECTS are much, much worse liars.

Somehow (for buyers) they think it's perfectly OK.

In reality, it's an unconscionable breach of professionalism.

For me personally, this has become VERY unusual because I've learned to be relentless in nailing down commitments.

Except once in a while, a buyer totally blindsides me. This is the story of how that happened and how YOU can avoid it happening to YOU. 

You will also get my voicemail and email templates and scripts to circle back with elusive "closed" prospects multiple times. 

Back story: 3 questions to lock in commitment

This prospect (an association executive director) gave me a verbal agreement to hire me over the phone - as in answering point blank my questions:

1. "So are you still looking at other options or are we closing this deal right now on the phone?"
2. "Who else needs to sign off on this before we make it final?"
3. "Are you sure that you're ready to sign the agreement?"

Answers were:

1. "We're closing the deal right now"
2. "Nobody else - I hire the speakers and my marketing person will be in touch with you to get everything we need for the website and the program book"
3. "Yes we have a deal."

Within 30 minutes of hanging up the phone, I emailed her the agreement, the invoice and my "Welcome Kit" email.

This was followed by WEEKS of radio silence, unanswered emails, unanswered voice mails and then an email from her this morning which says, "We decided to go with a local California speaker"

In the rest of this post, you'll get my follow-up sequence which will make YOU money if you use it. So the good of the many outweighs the good of the few... or the one. 

This is a classic case of "The operation was a success. Unfortunately, the patient died."

How to circle back with a "closed" sale with dignity  

Here's my recommended timeline for you when you get a verbal YES commitment from a prospect (which should be as good as a signed agreement but let's face it - it's FAR from it!) and they disappear on you. 

1. Phone call with prospect. 

2. Ask qualifying/closing questions

3. Send agreement/invoice paperwork. 

4. If they go radio silent, EMAIL #1 is 6-7 days later and you simply resend your original email with all attachments and this added note at the top:

Susie,
Just resending the below in case it got lost in the shuffle last week. Please confirm receipt because I want to make sure this lands safely in your hands. Thanks! 

5. Follow-up phone message (either at the same time as the email or a day or two before or after):

Susie,
Just wanted to make sure our agreement landed safely in your email inbox. Please do give me a call back at xxx-xxx-xxxx just to confirm you received it. I'm looking forward to our work together.

6. If no response, Wave 2 comes 3-4 days after that and sounds like: 

Susie,
We're both flying at 100mph. Please do get back to me with a quick reply and let me know if we're still a go as you indicated on the phone. If yes, we'll start preparations as soon as you return the paperwork. Looking forward to our collaboration. 

7. Again, it's your preference whether you leave a 2nd voice mail message a few days before or after or simultaneous with the email above. Whichever you choose, the second voice mail sounds like: 

Susie,
If you've had a change of heart about your decision, please let me know. If you'd like to discuss these arrangements, please let me know that too. Thank you in advance for your reply so I can plan around your event accordingly. Give me a ring when you get a moment at xxx-xxx-xxxx. Thank you, Susie and talk to you soon. 

8. Next email is 2-3 days later and is simply a written version of the above "change of heart" voice mail message. 

9. The final note is something like this: 

Susie,
Circling back with you about next steps. Please let me know which of these multiple choice answers is most reflective of current reality (which I lose track of regularly!!)

a. I am swamped but still want to move ahead with what we agreed to  
b. Our needs have changed and I want to discuss a different approach 
c. The deal is off in spite of the verbal commitment I made
d. Hey Newman - drop dead and never darken my doorstep again. Buzz off!!

Thank you in advance for hitting reply with your quick answer.

10. In my particular case, my prospect at great long last sent me this note:

Hi David,

Thank you for following up. I apologize for the delay in responding. I didn't want to re-connect with you until we had resolved several critical, conference-related details.

We have decided to go with a local, Southern California keynote speaker for the XXXXX 2014 Conference in San Diego. Upon reflection, it makes better business sense for us to employ local resources whenever possible.

I truly appreciate your time spent discussing XXXX 2014 with me. Thank you, too, for your diligence in following up.

We will be back to the East Coast within the next few years, and we will touch base with you again.

Take care ~ 

Susie Liar, Liar, Pants on Fire Prospect [Not her real name]

11. I hate liars and lying. (I admit it - it's one of my hot buttons.) So this is the reply I sent. I've added the decoding in green for your benefit: 

=====

Susie,

Totally understand. [Every email where I'm stunned and have no idea what planet the person is from starts with these 2 words. It's much nicer than "Are you freaking nuts?"]

Just one final question for you. [The old Columbo TV detective strategy]

Is your local speaker a better fit content-wise or just budget-wise? [Did you lie to me for money or for a better reason?]

If it's strictly a budget issue, I wish you had come back to me first because we could have worked out a travel-inclusive fee arrangement that would still be within your budget. [I'm a nice guy and was - and still am - willing to work with you despite the fact that you reneged on the deal after I verbally confirmed it with you THREE different times on the phone]

Is this worth revisiting since you and I had a confirmed verbal agreement to book the conference? [You should be ashamed for going back on your word without so much as a courtesy email or phone call to let me know the deal was falling apart and/or to ask for my help in saving it]

=====

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

I asked one of my favorite marketing coaching clients, "How's your DIP?"

She responded, "Dip? We're talking party recipes now?"

"No, no - remember the acronym I shared with you last time? DIP stands for Dollars In Play." She remembered.

Then she asked me to hang on as she shuffled through some notes and papers.

"Where are you looking for these numbers?" And she said that she keeps a scratch pad by her keyboard and has a more detailed tracking document that she updates every couple of weeks on her computer. 

"Oh my goodness, there's your problem right there. You have to keep this info right in front of your face all day long." 

REALLY in front of your face. My suggestion - make a poster using something as simple as a piece of flipchart paper and two different size Post-It notes: the Jumbo size and the smaller 3x3 square size.  

Here's what a DIP (Dollars in Play) wall chart looks like: 

Here's how it works:

1. Two categories: one called "In Play" and the other one for less serious prospects ("Jokers") You can see in the photo above, I've had a little fun and made a silly cartoon joker card. These are folks who are in my pipeline but (in my estimation) less serious, less committed, and less capable of making the financial commitment to hire me.

2. Post your prospects' full names, the service/product/program you discussed with them, the dollar value, and the source. For example, Jane Doe came from a referral from Frank. We have not talked yet, so there's no dollar value. Nat Cole came from Linkedin and we talked about a $1500 1-on-1 marketing consulting package.  Sam Smith is hiring me for a $6500 speech in October. (All prospect names have been changed for the purposes of this blog post and photo - could you tell?)

3. Real time updates. Sometimes I'll even grab my pad of 3x3 Post-Its and write someone's name down WHILE I'm on the phone with them, walk over to the wall chart and stick their name on it. Can't tell you how satisfying this physical act can be. 

4. Fluid movement. Don't be afraid to upgrade a joker to the serious column and don't be afraid to take a (formerly) serious prospect and move them into the Joker column. The factors to consider are their commitment level based on email and phone communication, their level of responsiveness, and how rapidly you are moving them from point to point in your sales process.   

5. Reminders rule. If you see someone on your chart whom you have not spoken with or heard from in a few weeks, you probably need to get back in touch. Ideally, you never have a prospect who is just "floating" out there without a firm decision call on their calendar. But it happens. The chart reminds you to close those loops and corral your prospecting mustangs back onto your sales ranch.  

6. Relentless removal. Remember the old sales adage, "Some will. Some won't. Who cares? Next!" That's the point of the chart. Up or out. If you're not going to buy, I'm going to cut you loose and throw you back in the ocean. The SECOND most fun you'll have with this chart (after slapping a brand new prospect's name onto the chart) is grabbing a prospect who said no - or who has disappeared on you despite your best efforts to hold them to their commitments - and RIP their name off the chart and tear it into tiny little pieces and chuck it in the trash.  

7. Do the math. Feel the power. The point of tracking your sales pipeline in this manner is so that you have a real-time sense of "Dollars in Play." Every so often, you should glance over at your chart and add up the numbers that you see in the "In Play" column ONLY. (Don't add the jokers because that's why they're in the joker column - instead, do everything you can to move your jokers into the "In play" column or remove them altogether!)

In the photo above, you would have a "Dollars in Play" number of $21,000. For prospects who are considering mutliple options (for example, Mindy Kaling is holding a proposal with a $7500 option and a $2500 option), you should count the higher number.

Two reasons: 1.) It sets your internal expectation in that direction which will enhance your confidence in your subsequent conversations with Mindy. A confident seller creates confident buyers. So it's a self-fulfilling prophecy. 2.) It builds your capacity for marketing optimism, which every entrepreneur needs. Plus if you're going to be relentless in removing people (See Rule #6 above), you might as well be relentlessly optimistic about the folks who earn and keep a place in your active sales pipeline.  

Now, are YOU ready for some DIP?

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

Guest post by Scott Plum

Last week I made a visit to my neighborhood mobile phone carrier’s retail store and noticed a ‘No Solicitors’ sign in the window.  This gave me pause before entering.  I thought – “I’m a Solicitor, what’s wrong with me.  Why don’t they want me to come in?”

I peered through the glass like a school boy at a peep show, wondering what is going on inside that I was forbidden to see.  Others inside the store began to look at me and I finally mustered up the guts to pull the door open and walk in...

Read the rest of the story here...

We had over 200 people register for yesterday's "Master the Cold Call Once and for All" teleseminar with Wendy Weiss. 

The program was excellent. And you have to remember, I'm a guy who HATES cold calling. 

The free recording of this 60-minute training call is available for you to download here:

http://www.doitmarketing.com/free-resources-cold-call

NOTE: The special offer on "The Sales Winner's Handbook" (which includes a soup-to-nuts telephone marketing strategy plus 53 context-specific scripts, templates and tools + over $200 in bonuses) expires at midnight tonight 4/18. All the details on that are online for you here. 

Invest in this cold calling mastery package and your spouse, significant other, dog, bookkeeper and accountant will all thank you.  

Keep an eye out for more sales-focused marketing programs in my "Do It! Marketing Summer Sales Seminars" series of FREE virtual events.

More details on that coming soon!

One of my favorite sales gurus is Scott Messer of Sales Evolution. Not only is Scott a good friend, he is a sales expert and master sales coach.

This post will help you solve Your Biggest, Nastiest, Stupidest, Most Expensive Sales Mistake... and give you several of Scott's brilliant sound bites to help you improve your sales success.

We're talking about a BIG sales mistake you probably made last week, will make again this week, and -- unless you heed Scott's wisdom -- will make next week again. 

All of which will cost you THOUSANDS if not TENS of thousands of dollars in lost sales. 

Scary, right? 

What is this big, nasty, pervasive, expensive sales mistake? 

Here it is: Not being a fanatic about collecting decisions from prospects.

Scott says selling is 100% about collecting decisions.

It's not about getting yeses, it's not about closing gimmicks. It's simply about being tenacious about taking prospects down a path (aka your sales process) to help them make a clear and definitive DECISION. As in "Yes" or "No."

Not "Let me think about it" - not "I'll get back to you" - not "circle back with me next week" - not anything other than a firm date and time on the prospect's calendar for you to hear "YES" or "NO." 

How do you do this? Simple - Scott recommends that at every step of the sales process, put a date and time on the calendar for a "decision call." Here's how to ask: 

• Let's put a date and time on the calendar for us to discuss your decision
• Let's put a pushpin in the calendar for us to reconnect about your decision
• Because you and I are both so busy, let's put a date and time on the calendar so you can tell me "Yes" or "No" or to answer any final questions you may have for me

Scott recommends that you forget about your sales pipeline - forget about your number of first appointments, forget about your number of "hot leads" - there is ONE and ONLY ONE measure of how healthy your sales pipeline truly is. 

That measure is - how many decision calls are on your calendar? A decision call, by the way, needs to be not only on YOUR calendar - it needs to be on your PROSPECT'S calendar because it is their responsibility to make one AND communicate it to you on that call. 

Example: I had a prospect call me two weeks ago. Let's call him Paul (which is cool because his name is really... Paul.) 

All was going well. Then I got a little derailed when he asked for references. Ordinarily, I would set a decision call by asking him, "When will you make time to call my reference folks? Let's make a time to discuss your decision after that." 

But I goofed. I was in a hurry. I let Paul wander off with no decision date on the calendar. When I called him this morning to circle back, he told me that he had gotten "distracted" and had not called the references at all. He then said, "I'll get back to you within three weeks." 

I laughed. 

Instinctively, I said, "You'll get back to me in three weeks because you're the kind of guy who likes to take lots and lots of time to make a decision and have people like me chasing you endlessly and leaving message after message and email after email when the real answer is no." 

Yup, I said that.

Out loud.

Right to Paul's face. 

Why? Because to quote another Scott Messer sound bite - "You can't blow up a good prospect." 

Paul laughed and admitted that he did NOT, in fact, enjoy being chased endlessly. 

So I put Paul out of his misery and fired him as a prospect. Here's how that sounded: 

"Paul, I'll put you down as a "No" for now. If you'd like to revisit working together, you know where to find me." 

He was perfectly cool with that. So I knew the deal was dead.

I've used that "No for now" line in the past and GOOD prospects will jump in with "No, no, no I definitely want to work with you. I just need more time to..." and they put themselves back into the active prospect column.

What do I do then? You guessed it - we set a decision call on the calendar. 

Anyway, back to Paul... I wanted to put a nail in the coffin so I sent the following email after we hung up the phone: 

===

Paul,

Because you are no longer an active prospect, please do NOT call the folks I sent as references.  

As I'm sure you can appreciate, references are precious and I do not want to burn out my reference folks by speaking with less than 100% committed prospects. (I probably should not have given you references this early in the process anyway. My mistake.)  

Best of luck on your adventures and thank you in advance for respecting my wishes.  

-- David

===

So the lesson is - be relentless with setting your decision calls. There is no other single determining factor that's more important to your sales success.

Trust me - I make more money when I relentlessly implement Scott's "decision call" philosophy. And I make less money when I don't!

Tags: sales prospecting mistakes, big nasty dumb stupid expensive sales mistake, doit marketing, marketing speaker, marketing coach

WHAT DO YOU THINK? Use the COMMENTS area below to leave your advice, insights and recommendations on these ideas to boost your sales success...

You hate cold calling, yeah, yeah, I know BUT...

Truth is, nothing beats having a voice-to-voice conversation with a real prospect. And when you reach prospects, you have less than 30 seconds to interest and engage them. Make a mistake and there are no second chances.

You need to have a solid, proven plan to engage your prospects by phone and consistently win them over so that more sales happen.

Join me as I interview Wendy Weiss, the "Queen of Cold Calling," for this empowering call where you will get specific answers to:

• Why cold call at all? Is it old-fashioned? Does it even work?
• Haven’t e-mail and social media replaced cold calling?
• How do I know whom to call?
• What should I say? 
• What is a good generic script?
• How can I convince prospects to speak with me without giving them the feeling I’m trying to ‘sell’ them something? 
• How do I deal with voicemail? Should I leave a message?
• Why doesn’t anyone ever call me back?
• And a whole lot more...

We'll have room on the teleseminar line for 100 people so take 10 seconds to register now so you don't miss out.

Closing effectively is all about answering this question: "What can you do to minimize the risk to the prospect of buying your product or service?"

Look at all the products out on the market that offer risk-free, money back guarantees. Do you offer guarantees, warrantees, refunds, free trials or make-ups?

In today’s “do more with less” business environment, many economic decision-makers have a new top priority – and it’s NOT “Making the very best choice.”

It is “Not making a mistake that will cost me my job.”

If you can reassure someone with this mindset that buying from you is smart and safe and risk-free, you will automatically close more sales.

Ask yourself the following questions:

• How can I provide a free version of my product or service?
• What can I learn from the auto industry’s new trend of “the 24-hour test drive”?
• What does the buyer have to lose if they buy from me?
• What do they have to gain?
• How can I ensure the buyer’s success – not just their satisfaction?
• How can I employ the concept of risk-reversal – meaning that the risk is all on my side if they don’t achieve success?

When most sales training programs talk about overcoming objections, they usually don’t discuss the real objections that are in most buyers’ minds. These are things like:

• "I don’t trust you"
• "I don’t believe this will get the results you say it will"
• "This sounds too good to be true"
• "If this works, I would have heard of this solution already"
• "Who says so besides you?"

You should understand (and expect) that people probably will not trust you in the beginning of the sales process.

They have been sold stuff all their lives “against their will.”

They bought the steak knives, the late-night infomercial real estate program, the Girl Scout cookies, the raffle ticket, or the used car and regretted it later. (OK maybe not the cookies.) Trust has to be earned over time.

To address these aspects of buyer resistance, you can use a battery of smart sales tools.

You may be using some of these already, but the more you pile on, the more effective they will be.

Start to collect, document, and use:

• Client testimonials (letters are good; audio and video are even better)
• Awards and industry recognition of your product/service
• Press clippings and articles mentioning you or your clients using your product/service
• Objective, fact-based side-by-side comparisons with competing products/services
• Cost analyses and comparisons between using your product/service, using the competition, doing it themselves, and doing nothing

All of these items will help you reduce risk, build credibility, and pave the way for closing more sales - even to your toughest prospects!

Tags: Marketing speaker, marketing coach, close more sales, marketing for speakers, marketing for authors, professional services marketing, selling professional services

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

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: 

=====
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:

=====
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>>