Archive for the ‘sales training’ Category

Converting Prospects Into Clients

Monday, April 25th, 2011


In an ideal world, we’d simply announce what our services are and people would hire us. One simple sales letter would result in new paying clients. The “feast or famine” business cycles would be a distant memory.

Unfortunately (as we know) the truth is a bit more complex.

Getting prospects to pay attention to us in the first place isn’t easy. (Especially if you find it difficult to differentiate yourself from your competition.)

But the challenge doesn’t stop there.

It just changes.

While having prospects “raise their hands” and express an initial interest is the very-important first step, it’s only just that…the first step.

Because now, the challenge becomes, How do we convert these prospects into paying clients?

This was a real challenge for me. For a long time, I was excellent at getting prospects to raise-their-hands, but only mediocre at converting them into paying clients.

I’m not sure what exactly made the light bulb go on. In truth it probably was a culmination of things. But I do remember when the switch got flicked.

I was flying back from Steve Harrison’s Quantum Leap program. We’d been spending the past 3 days discussing hooks-how to pitch your ideas in short “sound bites” so that the media gets intrigued. I guess that getting into this frame of mind, enabled me to sit down and write a sales script (actually more of a Sales Closing Presentation).

At the time my closing percentage was around 25%. OK, but not great.

Have you ever had one of those moments of great clarity? When all of a sudden, all the disparate pieces of the puzzle come together?

I had mine somewhere at 35,000 feet passing over Philadelphia.

I wrote the Sales Closing Presentation in literally 20 minutes. Unlike other sales scripts I’d written, this had three distinct sections. Questions-Transition-Close.

And that’s key. An excellent Sales Closing Presentation has all three components. The reason why most traditional sales scripts don’t work is that they only focus on the last element. However, the reality is that without all three sections, the script either sounds canned & fake, or simply falls flat.

I’ve been using this Sales Closing Presentation for the past 7 months for one of my business offers. My closing percentage has gone from 25% to 85%.

Granted, I have an advantage that you may or may not have.

I don’t talk with “cold” prospects. Everyone I’m speaking with has opted-in to become a Gentle Rain subscriber before I ever talk with them.

Remember, marketing and sales go hand-in-hand.

Marketing is about getting people interested in you. Sales is about converting these prospects into paying clients.

You need both.

If you just focus on marketing, you’ll have a big list of prospects but little money in the bank.

If you just focus on sales, you’ll spend a huge amount of time talking with people who are just a waste of time.

So you need both.

I’ll admit I’m someone who, for the longest time, thought I was better at closing than I was. My philosophy was that if I could get them initially interested, I’d turn them into paying clients.

In reality I was only right about that 25% of the time. OK, but not great.

What I’ve found is that having the right sales closing presentation enables you to not only increase the percentage of prospects who become clients, but it also greatly improves your consistency. (Interestingly, I’ve tried as an experiment not using the Sales Closing Presentation on occasion-and sure enough-my closing percentage drops back down to 25/35%.)

But…(there’s always a “but” isn’t there?)…a good Sales Closing Presentation doesn’t sound like a script. It sounds like a conversation. But, creating that requires the 3 elements I discussed.

Maybe I’ll write about those 3 components in more detail if anyone has an interest. If so, drop me a note.

And…(blatant plug)…if you want me to work with you to develop a great Sales Closing Presentation of your own…that’s an ideal use of the Gentle Rain Coaching program.

Something to consider.
Mark
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A Very Common Trap We All Fall Into

Wednesday, January 26th, 2011


Although I started Gentle Rain back in 1992, I still find myself falling into this trap.

Perhaps you do too.

Introducing my “solution” far too early in the sales & marketing sequence.

It’s a trap all of us who are experts in our field tend to fall victim to. And it’s easy to see why.

After all, we know how great our services are. We know the benefits that others will receive.

So at the very first sign that the prospect has a problem that we can solve, what do we do?

Unfortunately, we bring out our great big “solution-bat” and starting whacking the poop out of the poor person.

And then we’re amazed when the prospect doesn’t immediately grasp the benefits, and sign up as a client.

But, if we analyze the conversation (and this same issue holds true with lead generation marketing as well) we realize that we really didn’t invest the time necessary to truly understand their problems…their needs…their desires.

Nope, we burn right through that stage since we’re pretty sure we “know” what those problems, needs and desires are. (And to make it even more challenging, we’re usually right in our understanding-at least in a general sense.)

However, what we keep forgetting (and I’m as guilty of this as anyone) is that allowing our prospect to articulate their own problems, needs and desires has two critical benefits.

First, we’re demonstrating that we are truly interested in their situation. Blow past that, and we send precisely the wrong message.

But the second reason is even more important.

Investing time in learning about these issues enables us to “link” our solution with their problems, needs and desires.

Here’s something I’ve learned over the years…

If we can’t link our solution to what they just told us (using the same phrasing that they used) the true benefit of what we offer won’t be readily apparent to them.

But this takes time, and if you’re anything like me, you tend to get impatient.

Which means that you crash through the discover part of the discussion at warp speed.

But, every time I do that, I can pretty much guarantee that what I’ll hear is “Let me think it over.”

So what’s the solution?

Part of the answer is attitude and awareness.

But for me that only went so far. It wasn’t until I started to develop what I call “outline scripts” that I got better at this. Outline scripts are most helpful for slowing me down and making sure I don’t introduce my solution too early in the process. They make sure I’m asking the questions that need to be asked, before I start talking about my solution.

Blatant Pitch: Working with clients to develop outline scripts and practice their one-on-one consultative selling skills, is just one of the benefits of my Gentle Rain coaching program. You can learn more HERE:

If you’re hearing a lot of “let me think about it” from prospective clients, the issue may be that you’re introducing your solution too early in the process.

Certainly something to think about.

Talk with you soon-and please feel free to pass this article along to others who you think might find it helpful. Thanks,
Mark
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There’s Really Only 2 Strategies For Getting New Clients

Friday, October 29th, 2010


When you boil it all down, there’s really only 2 strategies for getting more new clients.

Perhaps you’re familiar with them.

In marketing circles they’re known as “Push” and “Pull”.

“Push” (as the name would imply) involves pushing yourself onto prospects in the hopes that you can convince them, before they hang up or walk away, that you have a service they desperately need. The classic example of the push strategy is cold calling.

Does it work?

Sure. But it’s got a lot downside to it.

It’s labor intensive…not a whole lot of fun…you get lots (and lots) of rejections.

But, the upside is that it doesn’t cost much of anything to implement, doesn’t take a lot of time or thought, so for people who tend to confuse activity with productive, and have a lot of time on their hands, it’s something to do.

And, who knows, maybe it will lead to something.

However, for most anyone who offers high value services, the “Push” marketing strategy leaves a lot to be desired. Which leads to the second option; “Pull” marketing.

In a nutshell, Pull Marketing is all about attracting clients to you by offering prospects something interesting for free, which enables you to stay in touch-building trust & credibility-and eventually turning prospects into paying clients.

Pretty straightforward. Nothing complicated about it.

It’s hard to argue against a strategy that basically says, “Give prospects something interesting for free and then stay in touch with them.”

The process has been around a long time and has been used successfully in virtually every area of business.

OK, but if it’s so simply…why doesn’t everyone just do it?

Why isn’t everyone who does try it…successful?

After all, it doesn’t sound all that complicated.

And it’s not.

But here’s the dirty little secret.

When this “Pull Marketing” strategy doesn’t work, it’s got nothing to do with the strategy.

It’s got everything to do with the message you’re communicating.

The reality is that most people’s marketing messages are…

*Just like their competitors…and/or
*All about them and not about their prospects….and/or
* Incredibly boring.

I’m a passionate believer that every business…every sales professional…has a unique sales story that only they can tell.

Figuring out that story is what I call the “mental heavy lifting” of marketing.

Unfortunately, most people don’t give a lot of thought to their unique sales stories. They use whatever first pops in their head, or copy what their competitors are doing.

Which means their marketing message gets ignored.

The fact of the matter is that lots of people use the Pull Marketing strategy I described, but few are successful. And I’d guess that 99% of those who aren’t successful, say to themselves, “The process doesn’t work.”

But they’re wrong.

The process works-it’s the messaging that’s off.

Which leads to the next question…

*What are your unique sales stories?

*The ones only you can tell?

*The ones that get prospects interested in learning more about who you are and the value you bring to your clients?

If you haven’t developed those yet, I hope you’ll consider joining me on December 9th, here in Atlanta for my Unique Sales Stories workshop. I’m going to be personally working with a small group of you to develop your stories and show you how to incorporate them into a marketing system that will bring you consistent streams of brand new business.

Information is HERE

Thanks and I’ll talk with you soon,
Mark

This is one of the BIG keys for getting more new clients

Tuesday, October 12th, 2010


The longer I work with people like yourself-those who fundamentally market their services-the more I’m convinced that it’s the stories you tell that separate those who thrive from those who…well, don’t.

And I’m sure, at least on some level, you believe that to be true.

Which makes me wonder, why doesn’t everyone have great stories developed?

Because the reality is that most don’t.

So let me help.

As you probably know, I’ve written a book about creating and communicating great sales and marketing stories.

Because you’re a subscriber to my newsletter, I’d like to offer you a copy for free. (You can get the electronic version 100% free and if you’d like the paperback edition, all I ask is that you help me out with the S&H.)

You can get it HERE

Naturally, if you’re planning a company retreat or meeting, I’d love to chat with you about presenting to your team, but my goal today is simply to share some information around a topic that I think is real important for business success.

Talk soon-Mark

PS: There is a favor you can do for me. I’d really appreciate it if you would forward the link to this page to 3 people you know who you think might also enjoy a free copy of my book. Much appreciated!

Why Marketing To Those Who Need Your Services Is a Bad Idea

Tuesday, October 5th, 2010


Why Marketing To Those Who Only ‘Need” Your Services Is a Bad Idea

I know, that sounds a bit unusual, but hear me out.

I had a prospective platinum level client call me the other day. (That’s the program in which I develop and implement your marketing system for you in exchange for a percentage of the new business. However in the spirit of full disclosure, I’ll also tell you that it requires a $15K retainer that’s credited against the results. Plus, you need to have some additional money to spend on marketing your services-so this isn’t a program for smaller players.)

Anyway, after he pitched me his idea, I asked the logical question, “Why do you think this is a good business idea?”

His answer is one that I hear a lot (and probably will sound familiar), “Because there is a need for this.”

OK, fair enough. We certainly don’t want to enter into a business in which there is no need.

But is it enough?

The unfortunate answer is, “No”.

“Need”, in and of itself, is seldom a strong enough reason to go into (or continue to be in) a particular market.

There’s something missing that’s even more important, which I’ll share with you in just a minute.

But back to “need” and why it’s not enough.

Since I don’t know that much about your business, but know a lot about mine, I’ll use Gentle Rain as an example.

Fundamentally, I’m in the business of getting more business for my clients. That’s the end result of everything I do.

Now you might say that there’s a great “need” for this type of service-and you’d be right. Over 25,000 of you subscribe to this newsletter and I’ll assume that you would not be doing so if you didn’t have some level of need around getting consistent streams of brand new clients.

But here’s the interesting thing.

Although there’s great need, only a teensy-tiny percentage of you actually take action. It isn’t just me-I’ve talked to my marketing consulting colleagues and they report the exact same thing.

In fact regardless of the type of business you’re in…There’s a big discrepancy between those who have self-identified themselves as having a need, and those that actually do something.

From a purely practical perspective it’s not that the information I teach hasn’t been around for a long time. (It has.) And it’s not that the need all of a sudden “just occurs”.

All of my readers have the “need”, but if that was the only criteria I used-my business never would have achieved the success it has.

But what I’ve done, (and what you need to do as well) is focus on the other 2 key components. These ensure that you just don’t attract tire kickers, but prospects who are eager to actually do business with you.

What’s the next component?

It’s: “Desire”

It’s the segment of your market that really wants to achieve results. And that’s only a small percentage.

I know that’s true for my market, I’ll bet it’s the same for yours.

Although my market may “say” they desire to have a marketing system that attracts consistent streams of new clients, in reality they just want relief from a famine business cycle. They’re looking for a short term fix rather than a long term solution.

I get that. (And it’s one of the reasons why so many people unsubscribe and then re-subscribe to my list when the “temporary” solution that offered short term relief was…well, temporary.)

There aren’t too many markets in which “desire” is virtually universal. Golf comes to mind. There are probably a few others. But in most b2b businesses, there’s only a small segment that really has the desire to implement the solution you offer. The key is to focus on them. (I’ve shared the two easiest ways to identify this group in previous articles and programs.)

Need + Desire= A better business. (But there’s another component as well.)

The late great marketing guru Gary Halbert was famous for his challenge of asking his seminar audiences to imagine they were about to open a restaurant. What competitive advantage would they most desired for their business? People would say “lowest price”, “best location”, “greatest quality”.

Gary would listen and nod and say, “I’ll beat you every time. What I would ask for is ‘a starving crowd’”.

The classic example of Need + Desire.

Every market has its “starving crowd”. It’s your job to find it and tailor your marketing to them.

Which brings me to the third component.

As you know, I do a lot of work with consultants and advisors. My strategy up until a few years ago was to focus on new businesses after they had been around for 18 months. Why that long?

Here’s the reality I face. One thing most every new business owner underestimates is how difficult it is to attract consistent streams of brand new clients. When they start off, they’ve got their (usually small) network of people they know, and for the first year and a half they are able to get a reasonable amount of business from them. But they forget an important truism.

Clients Go Away.

And after approximately 18 months they’ve now lapped the track with their current circle of relationships, money’s running low, and now they finally have both the NEED and the DESIRE to take action.

But they’re missing something.

Resources.

They’ve now got no money to invest in what I’m going to tell them to do.

So the complete formula is:

Need+Desire+Resources=Very Successful Business

The trick is 1) determining who that is, and 2) developing a marketing campaign that appeals specifically to them.

In my case that’s my Platinum program. And for the very (very) small percentage of you who have all three components, I hope you’ll reach out to me so we can talk more about your specific goals and how I can assist you.

Let me know. Talk soon.
Mark
Practical Advice For Growing Your Business. Learn More HERE

Building A Bond With Your Prospects & Clients

Tuesday, September 28th, 2010


It’s all about building relationships.

Intellectually, I know that you understand that.

But if that’s the case…why does most everyone insist on SELLING people at the very first opportunity?

Maybe it’s that old Glenn Gary/Glenn Ross bit about ABC (Always Be Closing). Great theater, but lousy sales advice.

I’m not saying that it can’t be done-I just know that if I try to use hyper-aggressive salesmanship I’ll wind up looking like a complete idiot. (And believe me I did get seduced a couple of times and tried selling using someone else’s “voice” and it was damn embarrassing.)

Here’s my belief…Getting people with whom you don’t have a relationship to buy from you is VERY HARD.

Selling to people who don’t know you requires an awful lot of work. A lot of “convincing” people to do business with you.

Personally, I don’t like having to try to convince anyone to work with me.

So I don’t.

The interesting thing is that by the time that they talk with me, they’ve already sold themselves on working with me. I don’t have to “convince” them.

Which is a good thing since I’m not a particularly good salesperson.

But I am a good marketer.

You can be too. Here’s a secret…

If you never want to have to “sell” anybody again, you need to develop a little bit of patience.

I’ll tell you what I mean.

Think 3-Steps rather than One.

Right now, odds are that you’re thinking one step. “Find a person who needs what I offer and sell it to them.”

My suggestion is that you replace that with,

1) Find a person who needs what you offer and make them curious to learn a little bit more about you.

2) Communicate with that person so you start to build a bond with them.

3) Then, and only then, can you sell them on the benefits that they’ll get from working with you.

I know, you’ve heard that before, but the reality is that hardly anyone does it.

Which is somewhat ironic.

The reason people don’t do it is because they think it will drag out the sales cycle.

The reality is that not having a multi step process actuality makes your sales cycle much longer. You tend to sell too hard/too early. (Even though you know you shouldn’t.)

So, start off with creating interest and desire in what you offer. The easiest way is to offer a really interesting free report.

In my world that was my Gentle Rain Free Report that teaches a process for getting lots of new clients with no cold calling or hard selling.

That was my first report and it’s still the workhorse. Every day 30 people on average come to my site and opt-in to get it. Over time I’ve added additional free offers, the most recent being my book Unique Sales Stories.

But, what I never do, (and this is the reason why none of us have to ever get into the “selling” business unless we want to) is to attempt to sell people who are not on my subscriber list.

And the reason is simple.

I don’t have a relationship with them.

And since I don’t, I’d have to ‘convince” them to do business with me.

Which sounds very unpleasant.

I suppose at this point, since I do have a relationship with you, I should try to sell you something. Unfortunately I don’t really have anything new at the moment.

I am thinking about conducting a live event in Atlanta in mid-November. It would be a one day live workshop on creating your unique sales stories and then how to publicize them. If I did it, I’d keep the group small so we could actually get a lot of work done and get feedback on our sales stories. I’d want to make sure everyone walks away with great sales stories they can use immediately one-on-one, or in sales letters, or on their websites. I don’t think I’d charge a lot-maybe around $250 a person.

Might be fun.

Anyway it’s something I’m playing around with. If you think you’d like to attend, shoot me an email and let me know. If there’s enough interest I may go ahead.

But, the real important point that I want to leave you with is that although we intellectually understand it’s all about building relationships, you’ve got to have a process in place that enables you to build a bond with your prospects and clients. The good news is that if you take it step by step, it’s not that hard to accomplish.

The biggest obstacle is getting started.

But isn’t that always the case?

Food for thought. Talk with you soon.
Mark
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Which Website Is Better?

Tuesday, September 21st, 2010


Let’s talk today about websites and how we can turn yours into one that actually attracts new business.

If you’ve been a reader of mine for any length of time, you know that I advocate that most businesses need two different types of websites. The first is what I refer to as your “corporate” site. It’s the place that people go to after they’ve met you to learn more about who you are and the services you offer. Chances are that if you have a site, that’s the type you’ve got.

However, what you don’t want to do with your corporate site is to spend a lot of money driving traffic to it. And the reason why you don’t want to do that is because the overwhelming majority of the traffic will simply bounce off.

Although we all wish that this was different, the reality is that most visitors will not come back to your site once they leave. Even if they would like to come back, the internet is such a fast medium that we lose track of where we’ve been. (Just the other day I visited a really great site about “cold readings” and for the life of me can’t seem to find it again.)

The answer to getting actual new clients from your web presence is to create micro-sites. These are one-page sites that target a very specific niche market and offer them something of interest for free as an inducement for them to tell us who they are.

You can see an example of what I’m referring to HERE

Nothing earth shattering here. You’ve heard this before (even though you may still not actually be doing this.)

Which brings me to the story about Bill who’s a financial advisor. In all honesty…from purely a marketing standpoint…you couldn’t pick a worse business to be in. Most every financial advisor I’ve met gets into the business because they have a real and deep interest in the markets and investments, and they truly do want to help others.

However, there are enormous handcuffs and challenges these ladies and gentlemen face. (And even if you’re not a financial advisor, bear with me because Bill’s lesson is applicable to us all).

Financial advisors can’t do a lot of the really innovative and interesting marketing that the rest of us do because of legal and compliance reasons. And if that wasn’t bad enough, virtually every single solitary financial advisors will say that they are “targeting” high net worth individuals between the ages of 45-65.

And there are a lot (I mean a cargo ship full) of investment advisors.

All those people, chasing after exactly the same prospect with limits on how they market.

And then they make it harder on themselves…

they all say the same thing.

Here’s what I mean. Let me quote from Bill’s website,

“Our mission is simple. To help our clients achieve their financial goals and dreams. We accomplish this through a comprehensive review of our clients’ investment objectives, combined with a conservative, long-term approach to investing and superior service. It is this commitment to excellence which has made our firm one of the premier financial services providers in the state…”

This all seems so nice…so obvious…so…safe.

But the problem is that you could slap any advisor’s name on the top of the page and the text would probably fit.

Which is expedient if you’re in the “set-up-websites-for-advisors-really-fast business” but it doesn’t make visitors curious to learn more about you.

And creating curiosity and interest is the key if you want to start developing a relationship.

So let’s compare what Bill has to another site. It’s also in the financial advising business. But this page says something different. Specifically:

“We now face the gravest financial dangers — and the greatest profit opportunities — in two generations. But before I tell you about what the future could bring, let me tell you how my family and I have come to this place and time.

Over a half century ago, my father founded our Sound Dollar Committee, a nonprofit organization with a clear mission — to promote a balanced budget, avoid the erosion of America’s credit, and defend the U.S. dollar.”

Which page do you think generates the greater interest?

Which page motivates visitors to want to learn more?

Not as any great surprise…it’s the second one.

Why?

A couple of reasons.

First is the tone. It’s personal. Welcoming. Immediately you know that there’s a real live person writing the words. There’s no pseudo corporate-speak.

Secondly, there’s a story. About the family. About the Sound Dollar Committee. It’s engaging. It draws you in and makes you want to learn more.

One tells a story-One doesn’t.

As I wrote last time, there’s a huge disconnect when it comes to marketing and sales stories.

Although we believe in the power of stories as a selling tool, in reality, we don’t use them as much (or as effectively) as we could (and should).

So take a look at your website. (Go ahead, do it right now-I’ll wait right here).

Are you telling a story?

Are you engaging on a personal level with your visitors?

If not…maybe it’s time to make some changes.

Food for thought
Mark

Related links:
If you read only one business book this year, this is one you should get:

Planning on some sales training for the rest of the year? Pass this link along to the key decision maker:

If You Would Like For Me To Personally Work With You

Friday, September 10th, 2010


Obviously, I don’t know what business goals you’ve set for yourself.

As you might guess I believe the type of marketing system you need largely depends upon the type of vision you have for your company. Modest goals (and I’m not passing judgment) translate into modest marketing (or perhaps none at all). I know a number of business owners who although they complain about the feast or famine business cycles, have a business model that enables them to ride out the lean times. With extremely low overhead and limited expenses, they can survive and even turn a small profit with revenues under $100,000.

But certainly that’s not all of us. Others (and I would put myself into this category) desire for greater levels of success. Our vision is to influence a large audience, provide new thinking around our expertise and achieve a level of financial independence in which having the money to spend on the things your family wants is no longer an issue.

And to achieve that vision, one not only needs a plan, but one also needs to be able to implement the plan.

Which leads me to a question I am frequently asked, “Mark, if I wanted to work with you personally, what are the options?”

Basically there are three options. Let me review them very briefly here. If any of them sound interesting, send me an email (mark@gentlerainmarketing.com) and we’ll send you some more information.

The first is my Platinum Level Consulting program. This is the program in which I partner with you to grow your business. Thus, I’m writing and designing website landing pages, free reports, stay in touch messages, sales letters, advertisements…everything you need to take your business to the highest level.

This is my premium service and I’ll be the first to admit, it’s only right for a small handful of my subscribers. The way it works is that I earn a commission on the revenues we achieve together and realistically I expect to make a minimum of $50,000 per project. So if you don’t aspire to grow your business by $500K+, this isn’t for you. And, in the sprit of candor, although my compensation is based on the results we achieve together, the Platinum Program does require a $15,000 retainer-payable in 5 payments of $3000.

However, if you’re looking for substantial growth, have money to invest in marketing and are looking for a partner to help you achieve your goals…then perhaps this may be worth considering. Email if you want the PDF that tells you more. (Put something like “Platinum Info Please” in the subject line so I make sure to send you the right information.

Second is my coaching program. This is where I advise and mentor you on how to put your marketing system in place. The big problem with marketing, the reason so many attempts fail, is because people do things in the wrong order. For example, they get all excited about generating traffic to a website that visitors just bounce off from. Dumb, dumb, dumb. My goal with coaching is to have your first marketing campaign up and running, getting your more business inside of 60 days. Although you can have a single session of coaching with me ($250) the best deal is 3 sessions a month for 3 months @$495 per month. There’s more information HERE or if you’re serious and want to have a half hour conversation with me to discuss precisely how it works, send an email (or call). The info to reach me is at the bottom of this post.

Finally, there are my a la carte copywriting services. Need a landing page written that makes prospects curious to learn more about what you do? Want a sales letter that will attract new prospects like the world’s most powerful magnet? Need a success story that offers social proof that you’re the real deal? If you need any of those…you need to hire me. Again if you’re serious, send an email and I’ll send you my portfolio and fee schedule.

Look, I know that there are lots (and lots) of marketing consultants out there. Choosing the right one for you isn’t easy. But, all false modesty aside, you should know that I’ve helped clients grow their businesses by $2 million+, I’ve mentored start-ups to quickly grow to the $200,000+ level and everything in between. No matter the size stage you want to play on, I can show you how to get there.

For those of you who are new to Gentle Rain and may not know that much about me…before I started Gentle Rain in 1992 I was a senior person at two of the best marketing companies in the world (Pepsi & Kraft Foods). I started my career as an advertising copywriter, I’ve written 7 books, won all sorts of awards, made my clients lots of money. But what I treasure most is what people like turnaround specialist Van Lanier says, “We tripled our inquiries from qualified prospects and doubled our contact-to-close ratio using Mark’s system.”

At the end of the proverbial day, it’s all about getting you more business and making you more money. That’s what I do best.

Let me know if I can help you do precisely just that.

And again, thanks for being a subscriber to Gentle Rain Marketing.

Talk soon,
Mark
mark@gentlerainmarketing.com
770-643-8566

A Painful Disconnect

Wednesday, September 8th, 2010


I’m fascinated with disconnects.

The disconnects between what we know we should do…and the reality of what we actually do.

The disconnects between what we think we’re good at…and the reality of our skill level.

And since I focus on marketing, and specifically the stories we develop and use to differentiate ourselves and build curiosity and interest in our services, I’m also fascinated with the disconnects around sales stories.

So where’s the disconnect and why’s it important?

I don’t think too many people argue against using stories to sell invisibly. The often quoted Fortune magazine article of a few years back did an excellent job of pointing out the power of stories, and countless sales training programs and books have advocated the use of stories.

No, the disconnect doesn’t lie there.

The disconnect is that although sales professionals, business owner and consultants all agree that sales stories are a powerful selling tool, in reality they don’t use them much.

…Or as much as they think they do.

There’s two reasons for that.

First, people don’t have a process or system for creating and communicating stories. Which is why so few people are really good at it.

Second (and even more importantly) people don’t have stories prepared.

They don’t see the need. After all “I’ve been telling stories for years. Got a million of them. Pull them out whenever I need.”

Sure.

The problem is that you just can’t make up stories when you’re in the heat of a sales call. Way too much pressure.

Plus, if you don’t get all that many times at bat…only a few opportunities to actually talk with a real-live prospect…the overwhelming tendency is to bring out your “solution” bat at the first hint that the prospect has a problem you can solve, and start just whacking the poop out of the poor person.

Sure…we think we’re good at using sales stories, but in reality most people aren’t.

And I can prove it.

Ready?

Think about the top three reasons (aside from price) for why prospects don’t do business with you.

Got it?

OK, now go ahead and pick one of those. The really big one that comes up time and time again.

Let’s tell a story that will overcome that. Take some time to get prepared. I’ll do a start/stop.

OK, ready?

Start…

Now…

……Stop.

Is that story all cued up in your brain ready to go?

What do you mean, that wasn’t fair? Of course it was.

The reality is that in a real live sales situation you would have had just a little less time than it took you to read that exercise to pull from your subconscious, the story that you would tell to address that really big objection you face.

Not so easy to make these up on the fly, is it?

Which underscores the importance of having lots of stories prepared in advance. Which brings me to “strategic” storytelling vs. “tactical” stories.

When I first talk about using stories to sell more effectively, people tend to think that what I’m referring to are “success stories” or maybe a story about your company.

Those are part of the game, but only a small part.

If you want to sell without it ever really being apparent that you’re selling (aka selling invisibly) you need lots of stories that cover all the components of the sales conversation.

Such as stories for each of the objections you know are coming your way.

Puts developing and using stories in a different light doesn’t it?

I know that when the light went on in my mind that using stories was going to be a more effective way to get remembered and differentiate myself from the competition, I thought the implementation of that approach would be the proverbial piece of cake.

Stories would instantaneously appear when I needed them.

Not even close.

It wasn’t until I started developing and warehousing the stories that they became a tool I actually used. My “Velveeta” story for overcoming the objection that you can do this internally…my “New York City” story for addressing the objection that we know how to do this already. (I shared part of that story with you today when I had you complete the exercise of “do you have a story for the biggest objection you face?”)…the list goes on.

So…how did you do on the little test? Maybe there’s a bit more to this than meets the eye.

If my coaching to help you develop great stories is outside your budget, you certainly ought to grab a copy of my book. It’s helped a lot of people, perhaps it will help you too. You can get it HERE

Talk with you soon,
Mark
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Advanced Tool For Great Sales Presentations

Tuesday, August 31st, 2010


As you develop your sales stories and presentations, one factor you’ll want to give consideration to is what’s referred to as the “arc”. This is more than simply the length of the story, although “long arc” stories are, as one might surmise, longer than short arc ones.

Stories are usually told in self-contained units. “Here’s the beginning. Here’s the middle. Here’s how it wraps up.” Certainly nothing wrong with that, and from a practical perspective most of your stories will be in this self-contained, short arc format.

However, some of the most successful sales stories, especially those that are used in presentations are in a long arc form. What this means is that the story is introduced early in the presentation. However the speaker or writer may leave the story periodically only to return to it later on. The long arc story provides bookends for the entire story although there may be shorter stories that are interspersed within the overall presentation.

The long arc story traces its roots to television. Historically TV episodes were self contained units. In the space of 30 or 60 minutes an entire story was told from beginning to end. The next week a brand new story was told. Aside from the main characters, there was little continuity from week to week.

The television show “Wise Guys” in the 1980s is largely credited with introducing the concept of the long-arc series. The season opener introduced a plot line that was not resolved until season end. Some individual shows made no reference to the long-arc plot line, while other episodes advanced the long-arc plot incrementally. It was a tribute to the writers that they were able to maintain audience interest for an entire season, while also including numerous single-show plot lines that were entertaining for the casual viewer. This long-arc format is now successfully used by many shows.

But what makes this particularly interesting is the application to sales presentations and other speeches you might give.

Let me share an example.

In my presentation on Unique Sales Stories that I deliver to groups, one of the key points I want to make is that people remember stories, they don’t remember facts. It’s my belief that one of the reasons why people don’t get as many referrals as they ideally would like is that they aren’t top of mind. When they describe what they do, it isn’t memorable.

Why?

One of the main culprits is that they use facts to describe what they do rather than telling stories. Thus if you want more referrals you need to tell more unique sales stories.

OK, simple enough.

One way I could get that message across is to simply communicate it as I just did. That would probably work OK, but since I’m advocating using sales stories as a tool for getting more referrals, I ought to do exactly just that. Thus to make this point, I use a long arc story.

I start the presentation by saying, “I went to Washington University in St. Louis.” Pause. “Fun fact to know and tell.” Longer pause.

I then go into my presentation during which I share that as the son of a university professor when it came time to apply to colleges, that was a big deal in the Satterfield household.

I applied to three schools. Since I always loved to read and write, one of them was Princeton University which was the school of F. Scott Fitzgerald. Plus, if you’ve ever visited it, Princeton looks exactly like what you would imagine, ivy covered walls, a university straight out of central casting.

I also applied to UCLA, the University of California at Los Angeles. Growing up in New England in the late 1960s, I wasn’t too much different from most other guys. If you couldn’t be James Bond, you wanted to be a really cool surfer dude. Thus, the appeal of UCLA.

I also applied to Washington University in St. Louis (you always have to describe it that way since there are so many schools with the name “Washington” in them.) Dad was from St. Louis, which is how it originally got on my radar screen, but what was most appealing to me was that it offered co-ed dorms. Quite the cutting edge in dormitory living circa 1973.

Anyway, Princeton sent me a very nice letter, “In the effect that hell does freeze over, we would be more than happy to reconsider your application.” However both UCLA and Washington University in St. Louis let me in. That led to a short conversation with Dad (who was financing this experiment in higher education) who said to me that he thought that if I went to UCLA I would probably become a pretty good surfer and flunk out my sophomore year. (Apparently he hadn’t noticed the mention of co-ed dorms in the Washington University materials.) Thus off I went in May of 1973 to St. Louis.

At this point in the presentation I stop and ask the audience to take out a pen and piece of paper. I ask them to write down the name of the school I went to and then the names of the two schools I applied to but did not go to. I then ask them to turn the paper over and tell them that we’ll return to it a bit later on.

My presentation then goes on to talk about other applications for using Unique Sales Stories. At one point I mention again that it’s my premise that people don’t remember facts, they remember stories and that we’ll find out if that is really true shortly. What I’m doing here is seeding and reminding the audience about the long-arc story which is about where I went to college.

I’m now about to wrap up the presentation so I ask the audience to find the piece of paper that they wrote down the answers to where I applied to school, but not to turn the piece of paper over. I ask them to write down on the back of the paper the name of the school that I went to. I then ask them to write down the names of the other two schools. Finally, I ask them to compare what they’ve written down on the back of the paper to what they wrote down on the front.

Here’s what typically happens.

Virtually everyone gets the names of the schools right the first time I ask them to write them down. That’s to be expected. But here’s what’s very interesting. Typically 85-90% of the audience gets the answers correct the second time as well. This is the tangible proof that people remember stories.

If I had simply said that I went to Washington University in St. Louis and by the way, I also applied to Princeton and UCLA, 10 minutes later no one would remember. (And I’ve actually tried this and the recall results are pretty depressing.) By telling a story, people remembered what they would otherwise likely forget.

This story is introduced very early in my presentation, referred to briefly in the middle and then concluded at the end. It’s one of my signature long-arc stories and does an outstanding job of making the specific point that if you want to be remembered, you need to tell stories.

Since I make the cryptic statement of “We’ll see if I’m right a bit later on”, interest and curiosity increases. That’s one of the benefits of the long arc story.

Granted a long-arc sales story requires a bit of time. Thus it’s ideally suited if you’re preparing a speech or a sales presentation. Naturally, if I can be of assistance to you in developing one, please let me know.

Talk soon,
Mark

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