Showing posts with label sales. Show all posts
Showing posts with label sales. Show all posts

Monday, August 04, 2008

A Winning Game Plan For A Rough Economy

Between higher gas prices, a media that has conducted a rather lengthy campaign to convince us "the sky is falling" and a natural correction in the markets due to government agencies and large finance companies artificially bolstering the housing sector for several years, mass consumer fears appear to have taken hold. The result, of course, is that even those who have been minimally impacted are pinching their pennies and not spending anything they don't feel they have to. Since over 70% of our economy is based on U.S. consumer spending, if the overall public mood remains negative, it is possible this will devolve into a more long-lasting slump.

Note: If you prefer to listen to this article, you may click here:




That, of course, is the GENERAL economic outlook. However, that does not have to be your PERSONAL economic outlook. The facts are irrefutable; in times of economic shift, there are massive opportunities that accompany adversities. In fact, while millions get fearful and sell off their stock market holdings at a loss, the calm and focused few make money by shorting the market or picking up deals that will soon rebound. In my neighborhood, someone recently picked up a home that had been sold 2 years ago for $1.2 million dollars - for a greatly discounted $475,000. They are now renting it back to the original owners for a monthly profit! And, in the general business arena, while some are losing customers, others are making tremendous market share and revenue gains!

"Are You Playing To Win? Or, Are You Playing To Not Lose?

So, what makes the difference between those who gain and those who lose? I would suggest that it is the quality of their questions and expectations. In short, are you playing to win? Or, are you playing to not lose? We see it in professional athletics all the time. Oftentimes in a championship game we will see an underdog up against a team who has proven themselves to be superior throughout the balance of the season. They are dominant, scary and clearly have the momentum on their side. In other words, like today's economic outlook, the challenge is very real.

If the underdog looks at their situation with any intellectual honesty, they will conclude that, barring their rising above their current comparative limitations, they will lose. However, not all underdogs respond the same way. Some will play with a mindset and game plan that is set on not losing. They strive and toil and fall all over themselves to try to keep the superior team from trouncing them. They inevitably lose and often, they lose by blowout margins. Other underdogs, however, play to win. They may intellectually recognize that the other team has some very dominant forces and on an average day, would be headed toward victory. So, they decide that it is not going to be an average day. They decide to "leave it all on the field" and play to win. The result - either a spectacular victory or at worst, a highly respectable loss where they held the dominant team to a fraction of their usual margin of victory.

As you can tell, I'm not one who embraces the general population's negative views and attitudes about market conditions. But for now, let's dispense with our positive vernacular and take a cold, hard look at what have become facts. The negativism in the economy has become the opposing team. It is big, It is scary and It is winning. And, whether or not you are playing on the front lines that have already been negatively impacted, or whether you are in the backfield, it is going to change your circumstances.

Separate Yourself From The Millions Who Will Lose In This Economy

So, the question is, "What is YOUR Winning Game Plan?" Do you have a strategy and tactical plan to grow during this time? Or, are you like the masses - cowering and fearful and attempting to hunker down till the storm passes? There is no status quo in business. Short of a salaried job, the numbers on your monthly income statements are not stagnant. They are going up or going down. And, just like a Karate student who is attempting to break a board, if your focus is on the board, you will fail. Your focus instead needs to be beyond the board! So, ask yourself ... What opportunities does this economy present me with that I didn't have before? How can I use this opportunity to grow and win? How can I help those around me come out winners as well? By asking yourself these questions, you will separate yourself from the millions who will lose in this economy. You will have responsibility versus being a victim of circumstance. And, whether you win or lose, you will be FAR better off than you would have been.



Monday, July 07, 2008

Could I be replaced by a machine?

So my parents are all moved into their new apartment at an assisted living facility in Hendersonville, NC. Jody and the kids and I came up to spend some time with them and my siblings, brother-in-law and nieces.

Beyond all the emotional challenges that this move has presented to my folks, there are also some very practical challenges of moving from a large, 2 story home into a more manageable 3 bedroom apartment ... the biggest of which is storage.

My brother David and I decided to take advantage of my being there by installing some shelving in their closets to help them maximize the space. So, off we went to the local Lowes to pick up supplies where we experienced what my business partner, Bob Burg, and I have termed "Anti-Wow' customer service.

First, though we were passed by MANY Lowes employees as we combed the aisles in search of the shelving units, not a single one even acknowledged our presence, let alone asked us if we were finding everything we needed.

Then, when we did find the particular set of modular shelving units that we were seeking, they were out of stock on the shelves we could reach (certainly not their fault), but fortunately, there were more boxes of them available on the top shelf of the  warehouse-like aisle. Immediately, I attempted to flag down an employee who could help us locate the person who could retrieve the product we needed only to be literally waived off as if I were attempting to hail a cab in front of Carnegie Hall after a show. This rather odd customer service technique was displayed by not just one, but two employees who, by all indications, were on duty and fully capable of speech (though perhaps not rational thought).

Okay, so I'm certainly not going to let a little customer service glitch foil my efforts to help my parents out. Next step ... I'm off to the Customer Service desk where, after over a minute of waiting with no one else in line, the customer service representative was nice enough to break off her conversation with a fellow employee about the concoctions they drank at their 4th of July party, so I could ask her to please send someone to our aisle to retrieve the boxes from the top shelf. She immediately hopped on the PA system to send the message. So, I returned to the aisle to wait ... and wait .... and wait ... for OVER 20 minutes - with still no sign of anyone who was going to help us and with employees passing us by right and left.

If I were there alone, I would have driven to the Home Depot 2 blocks away after only about 10 minutes of waiting. However, I did have my older brother there so we were able to take advantage of the time and catch up on the happenings in each others' lives (though both of us would probably have preferred the conversation over a glass of wine back home or a Cider and darts at a local watering hole.)

But alas, here we are still waiting and wondering if anyone even heard the announcement that the customer service representative had made. Back again I went to the customer service counter as I asked her once again to help me. Put out, our once-friendly representative reminded me that she had already honored my request once before. But, since I was still without the product I was so desperately attempting to purchase, she reluctantly agreed to issue the dictum one more time.

9 minutes and 22 seconds later (I'm now very conscious of the time), an employee comes to retrieve the boxes from the top shelf (which took him 37 seconds total).

Ahhhh, now it's off to the checkout where we are faced with the decision of going to a checkout line with a real live cashier and only one person in line before us, or go to the self-checkout station where there are 2 people at each of the 4 machines. You guessed it - we went for the machine. It was quicker and in my imagination (based on my experience there that day) probably friendlier as well. 

My point? Well, it comes down to the value-added benefit of service. Those employees at that particular Lowes store added virtually nothing to the sales experience and when they did actually perform their job, it was with great reluctance and poor attitude. Rather than be driven to deliver such a high level of customer service that they could not possibly be replaced by a machine, they seemed almost hell-bent on hastening the process of their demise.

After experiencing the let down of their real customer service that day, I opted to checkout with a machine. And, you'd better believe that if I heard of a store that had mechanically rotating shelves so that I could move the top shelf down myself, I'd be bringing my business there... bing, bang, boom - I'm empowered and former employees are looking for work (and likely blaming the big "heartless corporations" for putting profits above people).

However, don't take this as a rant against certain parts of the retail sector. Frankly, there are some companies as a whole and individual employees that are so good at delivering service which does in fact add value, that I wouldn't consider going to their competitor - even for a lower price.

So the question we all need to pose ourselves is this ... Are there any areas of our customer service where we are resting on our laurels ... that we take advantage of the competitive benefits of our primary service or our products and are falling short on cultivating relationships where people LIKE doing business with us?

If you sell nutritional supplements, could the customer just as easily buy them through the company directly and not miss a thing with you removed from the equation? If you're a CPA, could a hot new computer program with super new fuzzy logic (like a "Quicken on steroids") make you look replace-able? For me, if someone developed a fuzzy logic marketing plan builder that reveals hidden assets and provides a plan to maximize them, is there anything I bring to the table above and beyond the pure and simple intellectual output that would compel someone to do business with me? Could I be replaced by a machine?

Food for thought .... 

All the Best,
Thom

Tuesday, May 27, 2008

Learning Entrepreneurship from a Billionaire!


How Many BILLIONAIRE Entrepreneurs Have You Been Able to Meet AND Learn From IN-PERSON?




(Note: Click above for Audio - The sound is clearer after first 40 seconds)

Bill Bartmann, who Inc. Magazine describes as "The Billionaire Nobody Knows," is one of the incredible experts who will be teaching us at Extreme Business Makeovers 2008!

Bill didn't take one million or even one hundred thousand and make his Billions. In fact, he and his wife Kathy borrowed $13,000 and grew it into a company that produced over $1 Billion in annual revenues. He's going to share with each of us how to navigate the waters of entrepreneurship to maximize our individual strengths and become the most successful entrepreneurs or intrapreneurs that we can be!

Describing himself as the "poster boy for failure," Bill is very down-to-earth and teaches in a way that we can all relate and apply.

Check out the brief, 10 minute preview call I conducted with Bill. (The sound quality leaves much to be desired, but you can certainly hear Bill's heart and experience loud and clear).

After that, GET REGISTERED for Extreme Business Makeovers 2008 by visiting http://www.ExtremeBusinessMakeovers.com and click to reserve your seat. Something Special: for my readers only, if you enter the word SUCCESS in the Coupon Code box at the Check Out, it will automatically deduct $100 from the advanced ticket price!

If you have any questions, feel free to contact me directly at thom@burg.com.

I look forward to seeing you in Orlando!

All the Best,

Thom

Wednesday, May 21, 2008

It was MY idea

The victories won by a master of war gain him neither reputation for wisdom nor merit for courage. How subtle and insubstantial, that the expert leaves no trace. How divinely mysterious, that he is inaudible. Thus, he is master of his enemy's fate. -- Sun Tzu, The Art of War

It's almost comical how many times I've been in a meeting where I sold an idea or solution in such a way that I almost left no fingerprint on it. In fact, in most of the situations that I'm referring to, the owner, CEO or biggest VIP in the room believed THEY came up with the idea.

I gotta say, as much as I enjoy the outcome of actually getting what I was wanting, there's something in me at those times that just wants to jump up on the conference table and shout ... "DIDN'T YOU PEOPLE JUST HEAR ME LEAD HIM TO SAY THAT?"

However, I'm reminded of the quote above from The Art of War by Sun Tzu. And, although business isn't war, anytime you are presenting a concept or solution that involves change, there is great potential for conflict and therefore many of the same principles apply. Basically, Sun Tzu is saying that we can be masterful and be more effective if we don't worry about being recognized for it.

It's amazing how well this works in numerous scenarios - selling products/services ... gaining support for your new initiatives with staff, partners or vendors ... leading volunteers in a ministry or non-profit organization ... EVEN helping your teens to make wise choices and feel it was their idea!

So, despite my ego crying out to be recognized for my "brilliance," I'll keep choosing to swallow my pride and walk away getting everything I was looking to accomplish. But, between you and me
- It was my idea ;-)

Wednesday, May 07, 2008

Too Much Truth in Advertising?

Okay, so you know by now that we've got this event coming up June 19-21 in Orlando. I've been so fixated on making sure the event will be incredibly dynamic and life-changing, that I've been my own worst marketer and am off schedule by almost 3 weeks ... YIKES! (I know, I know... the plumber with leaky pipes)

But, at least I CAN say that the event itself is going to be AWESOME! I've got 14 truly amazing experts including Billionaire entrepreneur, Bill Bartmann. And, best of all -- beyond having great information and giving me their solid pledge that they will be sharing solid, immediately applicable content, they ALSO all have the right heart. These ladies and gentlemen truly want to help others learn from their successes and  challenges to break through to new levels of success.

My goal is that we don't just help our participants improve profits, but that we also help them envision and begin building a real legacy! To me, that's the really important stuff - the things we build, the people we touch and the example we leave. Those things last whether or not anyone 2 generations from now even remembers our names. That is truly leaving your thumbprint on the world!

Sorry for the rambling ... Can you tell I'm excited about this?

In any case, while I still consider myself a marketer, I've really taken my marketing hat off for this event. I'm not even going to be one of the expert speakers at my own event. And, the letter I wrote for the web site is probably the most frank, non-salesy thing I've ever written in business. 

It is my deep desire to present the unvarnished truth about this event and not come off like some "hucksters" that hype seminars which wind up being "pitchfests."  Of course, that leaves me feeling a little nervous. I KNOW what to expect when I write a standard sales letter for a client. Though I would NEVER lie in a sales letter or ad copy, I most definitely use techniques (just like sales professionals often do) to guide the audience and take action.

I have no clue whether a completely honest and open discussion about Extreme Business Makeovers and what people can realistically expect is going to be effective in making sure there is a full audience there to benefit from it. My secret fear (I guess not so secret NOW) is that I removed so much of the sizzle that people who visit the site won't see just how incredible the steak itself is. I gotta say ... I DO feel good about it though.  I know that people who show up are going to get EXACTLY what they expect and possibly more, instead of wondering whether or not we overhyped and attracted people who have get rich quick (and without effort) mentality.

I'd definitely like to know what you think! If you visit http://www.ExtremeBusinessMakeovers.com you can read my letter and all about the event and see what I'm talking about concerning the unvarnished truth.

Oh.. and since you've taken the time to read my posting, I'll even give you a little gift if you want to come to Extreme Business Makeovers yourself. If you put in the coupon code SUCCESS in the Coupon Code box on the Checkout page, you'll get $100 off the ticket price - EVEN off the Advanced ticket price.

Okay that's it ... sorry for the long posting again. I think I'm getting the hang of this whole sharing from the heart thing, but still working on keeping it brief! ;-)

All the Best,
Thom

Thursday, February 01, 2007

A Marketing Tactic To Be Aware Of

As I promised yesterday, now I'm going to tell you about the new secret weapon I'm using for getting videos onto the 30 top video sites on the web - in all of about 10 minutes!

It's called Traffic Geyser and it's simple, but really cool. In short, it eliminates having to manually go to each video site on the net, remember my passcodes, manually input submission forms and then upload my video to each (which, depending on the size of the video and internet connection speed, can be anywhere from 20 minutes to an hour per site). Now, I can upload my new video once onto the Traffic Geyser system, complete a single submission form and hit "send." The system takes it from there and submits it to all the sites automatically.

In order to prepare the first time, I did have to get registered with each of the sites and input the username and password for each on the Traffic Geyser system. Once that was done, however, it now takes me just about 15-20 minutes to submit to all 30! That's a cool thing. There are even some tools on the system that I don't use, but that are still pretty neat... like for those that aren't video savvy, Traffic Geyser has a built in video creator that enables you to take an audio and upload some graphics to create a video file that can be posted.

So, what do video postings do for business? Well, lets just say that typically, I would not have submitted to THAT many video sites - probably just sticking with the big 5. And, I certainly wouldn't have taken the time to submit all at once. So, imagine my surprise when I use Traffic Geyser the very first time and wind up crashing our server because of the flood of traffic that it caused! Now, crashing a server is NOT a good thing. But, lesson learned ... it IS good to know how to create that kind of traffic. Also, the search engine ranking on the sites I've used it for is rising pretty quickly due to the additional backlinks that it's generating.

Now, as with ALL tactics, this WILL come to an end - or at least change significantly. As more and more people start to post their advertising videos on these sites, it will become like the old ezine article submitters, when ezine publishers had to eventually make it a more controlled and personalized submission process to avoid the spam that was resulting. At the point when video websites like Google Video and all the others start to block submissions from services like Traffic Geyser, either the service itself will evolve or there will be something completely new out there.

Yet another reason to not get so wrapped up in tactics. They change too rapidly and their effectiveness comes and goes with their popularization. Instead, if you want to be the best and most successful entrepreneur you can be, focus on the overall skills and principles you need - the ones I mentioned in my post here on Tuesday of this week. THEN, hire and partner with the tacticians you need who will keep up to date on the latest, greatest tools. That's the difference between working on your business and in your business! That's why we created The Success Mechanics Extreme Business Makeovers Seminar and we're bringing in the experts like Fran Tarkenton, Bob Proctor and Stephanie Frank - to teach you how to get to that point where your business is totally working for you... instead of you working for it!

All The Best,
Thom

Tuesday, January 30, 2007

Bring Your Business To The Next Level This Year

Whether your business is already successful, or perhaps you’re struggling a little – working too hard for your business, instead of having your business work hard for you, a new year is a great time to plan and make changes that will bring you to new levels of success.

Of course, there are a lot of people ready to tell you how to get your business past its present plateau. Your biggest challenge is trying to figure out which of the thousands of books, ebooks, seminars, and web sites you should be paying attention to.

In this present business culture of emotional selling, as well as short-term thinking, much of the information you seek will leave you with either fluffy motivational hype that makes you feel good but accomplishes little else, or gives you simple 1-2-3 tactics that may or may not work for your present situation, but do little to really help you tackle most future projects or challenges.

The bottom line is you walk away with a short-term solution at best. That's why my advice is to avoid the temptation of seeking tactics to solve just your immediately perceived needs and instead, focus on real entrepreneurial skill development. These are time-proven, principle-based skills that will help you attain a greater level of success now as well as in the future.

It doesn't matter if you're the owner of a small business, a “serial entrepreneur” with numerous businesses to your credit, or even a young person who wants to start off with a huge advantage over your peers. These highly-effective skills - which help you to decide what you want, create a plan to attain it, then overcome every conceivable obstacle along the way - are just about all you need to earn a mountain of money and gain true freedom that real entrepreneurship delivers.

In researching over 250 business owners, professors and notable experts on the subject, I compiled a list 27 distinct areas of business skills that were mentioned as important for maximum entrepreneurial success. However, there are 10 particular business and life skills that were noted by the vast majority of those I studied. These are the skill areas that, when developed by themselves, all produce solid gains in performance. However, when they are developed – even slightly – in combination with each other, the synergistic effect produces tremendous increases in success.

1. Vision and Perseverance – Much has been written about Vision, yet some of what has been said is so overly complicated and daunting that very few have actually taken the time to write out what the vision for their business really is.

For maximum business success, you simply have to hold in your mind a clear picture of what you want your business to become. This type of vision keeps the potter from making an ashtray when she was working on an urn. Likewise, it will ensure that you grow your business into one that gives you deep satisfaction and financial rewards, instead of one that taxes your time and energy. Having a clear vision will also help you to develop your will and responses to overcome any challenge and come back from any setback - stronger than ever.

2. Wealth Mindset and Attraction – Unfortunately, many still consider mindset and attraction principles to be a sort of spiritual “hocus pocus.” However, the more we study Quantum Physics and the power of the mind, the more society is beginning to recognize this as real science with a solid set of “how-to” principles. The more you get to know the mind that your Creator endowed you with and how it has been wired to work, the more you will be able to accomplish even your most lofty goals without striving and working around the clock to make things happen.

3. Business Systems – We all know that systems are important. They are key to your building a walk away business that is a real asset, as opposed to just having a high-paying job that you’ve given yourself. Through learning more about real ways to quickly and easily create systems for your business, even the most disorganized among us can put together a step-by-step system to transform our businesses from a “job” into a real profit machine.

4. Energy and Fitness – Typically overlooked by most entrepreneurs, including myself, having superior levels of energy and fitness can be an invaluable business asset. Not only will having peak energy levels enable you to stay healthier and accomplish more, but it also adds to your personal attractiveness and helps you to project a winning, top-notch, vibrant image.

5. Tax Reduction and Asset Protection – It has been reported that when asked what the #1 secret to his success was, Microsoft Founder, Bill Gates replied, “Having a working knowledge of the tax code.” Yet, how many of us are so focused on ways to make an extra 10% a year selling our “widgets,” when we ignorantly overpay larger amounts than that in personal income and corporate taxes. Unfortunately, with over 66,498 pages in the current US tax code, most well-meaning CPAs don’t even know about many of the completely legal and ethical methods that are designed into the laws to help businesses thrive and produce for our economy.

Learning how to properly structure your business will enable you to take home more money – even without an increase in business. It will also help you to become virtually bulletproof to today's deluge of frivolous and unmerited lawsuits.

6. Motivation – Anyone can go to a seminar or watch a show that leaves them feeling charged up and ready to tackle the world. However, this feeling often fades pretty quickly when the light of reality and normal day to day challenges hit. Learning how to tap into your personal passion and develop a method for self-motivation will infuse your business with a more consistent energy and enthusiasm and attract others to help in the process.


7. Leadership and Influence - To accomplish anything of significant size or value, you simply cannot go it alone. You'll go farther and faster if you surround yourself with great people who can help you succeed. From individuals or employees who support your efforts, to the management and legal experts who can help you make the best decisions and even those friends and colleagues who advise and motivate you -- your rise to the top requires a great team. Attracting and motivating a superior team requires developing superior leadership skills.

8. Networking and Referrals – These are, perhaps, two of the most misunderstood and misused words in business. Yet, networking and generating referrals can provide incredible gains to your business. Learning a tried-and-true system for cultivating a rich, never-ending supply of prospects and referrals can help you predictably deliver these gains, year after year, without increasing your advertising expenditures.

9. Marketing – Do you have a comprehensive strategy that consistently delivers new customers and profits again and again? If not, then this is the year you need to get beyond employing the same old mainstream advertising tactics and develop a real marketing “machine” to predictably deliver increases in sales – whenever you want them.

10. Entrepreneurship – There’s a big difference between selling your skills, talents or specialized knowledge and being a real entrepreneur – one who can consistently create profits from different ventures time after time. The truest of entrepreneurs have all learned how to recognize, evaluate and act on opportunities. When you learn these skills you will be able to build businesses to be assets that deliver passive profits or can be sold for huge gains. You’ll also have the freedom that comes with knowing you could start over and do it from scratch if you ever needed or wanted to.

Admittedly, a list of ten different entrepreneurial skill areas like this can be overwhelming to think about. There are several that I am personally working on improving right now.

Being created for growth, the learning and improvement will never end. That thought can be both empowering and exhausting at the same time. However, beginning by focusing initially on even 2 or 3 of these areas will quickly jump start the process and create the synergy to help you make huge rapid improvements in both your personal and professional life. So that when you look back on 2007, you’ll be amazed at what you managed to finally accomplished (perhaps even things that you’ve wanted to do for many years).

By concentrating first on these universally applied skills and principles versus short-sighted tactics like learning a specific type of investment strategy or a particular method of online or offline marketing, you will be equipping yourself for greater success in all your undertakings in 2007 and beyond!

Thom Scott (www.coachthom.com) is a co-Founder of The Success Mechanics. Their next Extreme Business Makeovers Seminar – featuring Fran Tarkenton - is being held in conjunction with the kickoff of EntrepreneurshipWeek USA on February 23 and 24 in Orlando, Florida. Visit http://www.thesuccessmechanics.com for complimentary audios and reports from The Success Mechanics team of experts.

Saturday, September 30, 2006

12 Biggest Mistakes Salespeople Make in Their Presentations

I came accross this report from one of our outstanding University of Freedom "Faculty" members and thought you would enjoy it!

A former President of the National Speakers' Association, Ms. Fripp is both a phenomenal and entertaining speaker, as well as one of the top communication trainers in the country. While this article is specifically related to sales presentations, at the University of Freedom Ms. Fripp will be teaching us how to become infinitely more effective in the "sales" presentations that we encounter in our everyday lives... from a professional sales call, to speaking at a PTA meeting and even interviewing with a College entrance advisor.

Patricia Fripp is just one of the powerful speakers/trainers you'll be meeting and learning from at the University of Freedom!

We're counting down the days till Atlanta!

All The Best,
Thom
___________________________________________________

12 Biggest Mistakes Salespeople Make in Their Presentations
By Patricia Fripp, CSP, CPAE

Salespeople are incredible. Like Hollywood
actors, whenever they open their mouths, they are
putting themselves and their company on the line,
taking a risk in the hope of a favorable outcome.
Just like actors, even the best, most experienced
salesperson can use some coaching and polishing
now and then.

Here are the 12 most common mistakes that my
sales clients are making at the beginning of our
coaching sessions. By the time we’re through,
they’ve learned how to avoid them.

1 - UNCLEAR THINKING. If you can’t describe the
objective of your interaction in one sentence,
you may be guilty of fuzzy focus, trying to say
too much at once. You’ll confuse your listener, and
that doesn’t make the sale. Decide exactly what you
want and need to accomplish in this contact. What
would be a positive outcome? For example, imagine
that a busy executive says, “You have exactly ten
minutes of my time to tell me what you want me to
know about your company. In one sentence, tell me
how should I describe your benefits when I talk to
my managers tomorrow.” At any stage of the sales
process, you should know in advance why you are
interacting, what benefits you are offering your
prospect or client, and what you’d like the next step
to be.

2 - NO CLEAR STRUCTURE. Make it easy for
your prospect to follow what you are saying,
whether in a casual conversation or a formal
presentation of information and ideas. They’ll
remember it better—and you will too. Otherwise,
you may forget to make a key point. If you waffle or
ramble, you lose your listeners. Even for a
conversation, mentally outline your objectives. What
key “Points of Wisdom” do you want the prospect to
remember? How will you illustrate each point? What
colorful examples will your prospect be able to
repeat three days later? What phrases or slogans do
you want to guarantee they will repeat afterwards?

3 - TALKING TOO MUCH. Salespeople often talk
too much about themselves and their service
or product. They make a speech rather than
having an exchange or interaction, otherwise known
as conversation. The key to connecting with a client
is conversation; the secret of client conversation is
to ask questions; the quality of client information
received depends on the quality of the questions—
and waiting for, and listening to, the ANSWERS! In
fact, a successful encounter early in the sales
process should probably be mostly open-ended
questions, the kind that require essay answers rather
than just “yes” and “no.” And don’t rush on with
preprogrammed questions that pay no attention to
the answer you’ve just received. Learn to listen, even
pausing to wait for further comments. Silence draws
people out.

4 - NO MEMORABLE STORIES. People rarely
remember your exact words. Instead, they
remember the mental images your words
inspire. Support your key points with vivid, relevant
stories. Help them “make the movie” in their minds
by using memorable characters, exciting situations,
intriguing dialogue, suspense, and humor.

5 - NO THIRD-PERSON ENDORSEMENTS.
There’s a limit to how many bold claims you
can make about your company and product
results, but there is NO limit to the words of praise
you can put in the mouths of your delighted clients.
Use case histories of your clients’ success stories
about the benefits they received from your service
or product. When you are using their actual
dialogue, you can say much more glowing things
about yourself and your company than you could if
the words were your own. Your endorsement stories
should use the same ingredients as a good
Hollywood movie: create memorable characters, use
vivid dialogue, and provide a dramatic lesson
learned.

The dramatic lesson learned in YOUR Hollywood
story will be the benefits of doing business with
you. Choose characters that your prospects can
connect with. It helps if the star of your story holds
a similar position to your prospect. You can’t say,
“Do business with me, and you’ll get promoted,”
but you can give a specific example of someone who
phoned, e-mailed, or wrote you that this happened
to them. “Just last week,” you might say, “I heard
from Mary Smith. She’s the Payroll Manager at
Amalgamated Systems. She said that changing their
payroll system to our company not only made them
more efficient, but they cut their costs 10%. She
told me, ‘You made me look good in the eyes of
management. Thanks to you, I received a
promotion!’” That’s an emotional connection.

6 - NO EMOTIONAL CONNECTION. The most
powerful communication combines both
intellectual and emotional connections.
Intellectual means appealing to educated selfinterest
with data and reasoned arguments.
Emotion comes from engaging the listeners’
imaginations, involving them in your illustrative
stories by frequent use of the word “you” and from
answering their unspoken question, “What’s in this
for me?” Obviously, a customer is going to justify
doing business with you for specific, analytical
reasons. What gives you the edge—what I like to
call the “unfair advantage”—is creating an
emotional connection, too. Build this emotional
connection by using stories with characters that
they can relate to and by providing a high I/You
ratio, using the word “you” as often as possible and
talking from their point of view.

My recommendation is that you make telephone
appointments with your happiest clients. Tell them
you would like to use their stories about working
with you as an endorsement, and ask permission to
tape record your conversation. Then just let them
talk. The more they say, encouraged now and then
by a question from you, the better their stories and
quotes will be. Finally, select the best quotes from
what they’ve said.

7 - WRONG LEVEL OF ABSTRACTION. Are you
providing the big picture and generalities
when your listeners are hungry for details,
facts, and specific how-to’s? Or are you drowning
them in data when they need to position themselves
with an overview and find out why they should
care? Get on the same wave length with your
prospects. For first contacts with executives,
describe what your company can do for them in
broad generalities. With middle managers, discuss
exactly how you can work together, a medium level
of abstraction. If you are dealing with IT
professionals, use the lowest level of abstraction,
lots of facts and figures. Don’t discuss aspects or
details of what you’re offering that your audience
has no interest in.

8 - NO PAUSES. Few sales presentations have
enough pauses. Good music and good
communication both contain changes of
pace, pauses, and full rests. This is when listeners
think about important points you’ve just made. If
you rush on at full speed to crowd in as much
information as possible, chances are you’ve left your
prospects back at the station. Give them enough
time to ask a question or even time to think over
what has been said. Pauses allow pondering and
understanding.

9 - IRRITATING NON-WORDS. Hmm—ah—
er—you know what I mean—. One presenter
I heard began each new thought with “Now!”
as he scanned his notes to figure out what came
next. This might be okay occasionally, but not every
30 seconds. Practice in front of your sales manager
or colleagues, giving them permission to call out
whenever you hem or ah. Or video or audiotape
yourself, and note any digressions.

10 - STEPPING ON THE PUNCH-WORD. The
most important word in a sentence is
the punch-word. Usually, this is the
final word: “Take my wife—PLEASE.” But if you
drop your voice or add, “Right?” or “See?” or “You
know?” or “Okay?,” you’ve killed the impact of your
message. Another popular punch-line killer is the
word “today.” Avoid saying, “Let’s look at the
recommendations we have for you today.” Obviously,
you’re talking “today.” The punch word in this
sentence should be “recommendations.”

Comedian Jerry Seinfeld says, “I’ll spend an hour
reducing an eight-word sentence to five words
because the joke will be funnier.” I train sales teams
to do the same thing with their key phrases because
their presentations will be more powerful. We go
through their sentences, looking for the “$10
words.” Not every word or phrase is, or should be, of
equal importance. Emphasize the action words and
phrases or those that make an emotional
connection. “And”-“it”-“in” are no-dollar words.
One sales team came up with what they called
“$100 phrases,” calling out, “Wow, that’s SO good!”
whenever someone used an especially potent phrase.
Often it was a succinct term for a hard-to-describe
benefit. Such a phrase can be priceless. For example,
a company offering a complex process might
explain, “We’re like a security guard that keeps the
bad guys out and lets the good guys in.”

To find $100 phrases for your company, I suggest
this process: Imagine you’re trying to explain what
you do to your 82-year-old great aunt. How you
describe it should be part of your conversational
sales presentation. This is an especially good
technique to use for executive overviews. If your
$100 phrase is “visual enough,” your prospects and
clients will repeat it later.

11 - NOT HAVING A STRONG OPENING AND
CLOSING. Engage your audience
immediately with a powerful, relevant
opening that includes them. For example, “You have
an awesome responsibility.” Then fill in what it is:
increasing sales, reducing errors, cutting overhead,
whatever your product can help your prospect do.
Another excellent strategy is to do some research.
Then you can say, “Congratulations on your
company’s recent success,” and describe it. Or “I
love your new commercials.” Most salespeople start
by talking about their company. Talk about your
prospect instead.

Whenever I give a speech for a company, I check
out their web site, corporate reports, or press
releases to find something their Chairman of the
Board or CEO has said that I can quote. You can do
this too, making it almost sound as if their CEO is recommending your company. For example, “Our core values are—” and match them to your own. Or “We subscribe to Best Practices, and all our preferred vendors do as well.” That’s YOU! To close, pick the one sentence that you absolutely want embedded in their minds, even if you don’t get the appointment or the sale. Leave them with a strong, positive message. They might say, “We’re happy with our present vendor.” You reply, “I appreciate your LOYALTY (a $10 word.) If you ever want a SECOND vendor ($10 word) or for any reason they DISSATISFY ($10 word) you, you need to do business with a company that will be around LONG-TERM ($10 word.) Please remember, we’ve been PROFITABLE ($10 word) for the last 167 quarters ($10 word.)”

In the search for $100 phrases, don’t just add up
$10 words. A $100 phrase stands alone. It is a
repetitive refrain that is so valuable to your company
that every salesperson needs to be trained to use it
in every presentation.

12 - MISUSING TECHNOLOGY. Too many
salespeople rely too much on their
PowerPoint and flip charts and not
enough on making an emotional connection. My
friend, Charles H. Green, coauthor of The Trusted
Advisor, tells about four advertising agencies who
were given an opportunity to bid for a large account.
Each group had two hours.

The last team walked in and said, “We’re ready to
do exactly what the other three competing agencies
have done. We can give you the Dance of a
Thousand Slides, but you have a choice. You can
pretend you already hired us, and for the next two
hours we can start brainstorming on your account.
If you hire us, you’ve received two free hours
consultation, and if you don’t, you’ve still had two
hours free.” They proved they could think on their
feet and be flexible. This won them a very profitable
account. They showed they could use the latest
technology, but, more important, that they didn’t
need it.

“Whenever you’re being considered for a job,”
says Charlie,“act as if you already have it. Most
people want to think that the quality of their work
speaks for itself. It doesn’t. Beat your competition by
getting to work for your prospect immediately.
Demonstrate how it will feel to be working together.”

All four agencies could have done a fine job. The
one that landed the account had enough confidence
in their presentation skills to use technology or not.
The client was exhilarated by their work session,
impressed by the agency’s flexibility, and confident
this agency would, and could, do a great job. Many
sales teams couldn’t communicate with a prospect
for two hours without the help of a suitcase full of
charts, slides, and electronic equipment.

Bottom line: Make technology a support, not a crutch.

When you learn to avoid these 12 common traps,
you’re on your way to being a “star” of the sales
world, ready to accept an award for your dazzling
performance.

I hope you enjoyed my special report. What you
have read is just a small part of the advice I give in
my work with sales teams.

If you believe your sales professionals are
making any of the “Fripp’s 12 Biggest Mistakes” in
their presentations, you may be in the situation
where you qualify to be one of the handful of new
clients I will work with in the next six months.
But I’ve found through experience that there’s
only one way to be sure. And that’s to have a short conversation on the phone.

In our conversation, I would ask you to tell me
about your company and situation, so I can assess
whether this training is appropriate for your
company.

The initial conversation is no charge.
Just like you, my time is limited, but I would
enjoy discovering if my advice can help you
accomplish your sales goals and have the impact it
has for my clients.

To find out about my availability for a no-charge, no-obligation conversation, please call my office toll-free at (800) 634-3035, or send me a short e-mail at pfripp@fripp.com. I, or one of my staff, will give a choice of available times for us to set up our phone meeting.

Thank you...I’m looking forward to speaking with you.

Sincerely,
Pa t r i c i a Fr i p p