Even though, we're just starting to see the April showers and early flowers, now is the time to start planning out your Summer business schedule.
If it seems this year as though I'm harping on planning, there's a method to my madness. We've just wrapped up the first quarter of the year. Nearly 1/3 of 2010 is GONE, and what do you have to show for it in your direct sales business?
Bookings beget bookings, and if your calendar is looking thin now, imagine how barren it will be come July!
The school year is coming to an end, and families are planning their vacations, getaways and summer activities now. As a business owner, you need to be on their radar, and plant the seed now that a Summer show is just the ticket to reconnect, relax, and enjoy good times with friends.
Contact the hosts from last Summer now, and give them first dibs on your calendar. Just like Christmas, you can have a full Summer schedule if you give people plenty of notice. In my business, I rarely booked a show closer than 3 weeks out because I need that time to get out invitations, and do effective hostess coaching. The exception to this was repeat hosts. They are usually already schooled on how I run my business, and are quick to get all my show requirements (like guest lists) back to me in plenty of time for the event.
Repeat hosts are your best testimonials, because they liked your work enough to invite you back! You owe it to yourself to reward them with the best spots in your calendar.
Words to say:
"Hi Sally, this is Lisa (with ABC company). I'm planning now for my summer schedule. It may be a little early yet, but I know that my most successful parties are the ones that are planned in advance. Since you're one of my repeat hosts, I want to say thank you by giving you first dibs on my Summer show calendar. You held a Chocolate Lover's party last June and it was such a blast. What theme would you like to try this year?"
Assume the booking. Your repeat hosts already know you do business, and know what to expect from you. If they're not interested, they'll tell you right away. Instead, assume they love you so much they want to repeat that amazing experience they had last year. Build up the excitement and re-establish the emotional high they had at their last party by mentioning positive memorable moments from the last party. It's a psychological trigger that puts them in a positive frame of mind to book their next show with you.
If you're new to Direct Sales, or re-starting your business like many teachers I know, it's even more imperative that you start now to secure shows for your Summer calendar. Consider asking one of the parents from your child's class to host a get-together during the Summer. Or better yet, host your own and double dip on host benefits as well as your consultant income. An early summer barbecue can have the guys hanging out at the grill, the kids playing in the back yard, and the women shopping from their seat in the comfort of your home. Worried that your house is too small? Host a series of parties to invite your child's best friends over a few at a time.
Summer events are also a great way to bring in new business. If you sell a product that you can demonstrate, consider teaching a course during the summer related to your product line. Renting a small hotel conference room or even a large dining room in a restaurant can bring in new customers interested in learning the how-to of your product, and lead to big sales at the end of the session. Just be sure that the focus of the class is not selling stuff, but teaching skills. Not only can you generate revenue from the sales of products, but also from registration fees from the class. Check with your local community education office for opportunities to share your expertise there as well. Many of the Summer session classes are being decided right now.
However you choose to grow your business this summer, now is the time to start planning. Look at your own family commitments and decide when you're available to work your direct sales business. Being in business for yourself gives you some flexibility, but if you let the entire Summer pass you by, you'll miss out on a great income potential as well as those highly-coveted fall bookings. For a great Fall, you need a great Summer, and Summer selling starts by booking shows now.
© 2010 Lisa Robbin Young.
==========
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
Showing posts with label build a better customer. Show all posts
Showing posts with label build a better customer. Show all posts
Direct Sales Success: Resurrect Your Biz This Spring
I know it sounds like a bad Easter joke (and it probably is), but has your direct sales business been languishing this year?
After a busy holiday season, many consultants often go on hiatus, letting their business suffer in the interim, until the snow melts, the roads dry up, and the grass is green again. If you're one who schleps product from home to car and back, that can be a good reason to slow down. No one likes hauling stuff in the snow, but when business slows down, so does your income.
Few people leave direct sales because of a full calendar. The number one reason I hear is because they can't find bookings, can't close the sales - in short, there's nothing on their calendar!
So as we enter the second quarter of the year, take a moment to examine your goals. With the year 25% of the way behind us, are you 25% of the way towards your goals? For the average consultant (if they even have goals), the answer is not quite. And most of that is due to the fact that they let their business "slip" during the first few months of the year.
Well, now's the time to get crackin' and breathe some life back into your business.
Last week at our Small Biz Super Summit, Lisa Sasevich revealed a great technique to close more business without being salesy or pushy. Lisa is the author of "The Invisible Close" and she gave some great tips about using irresistible offers to encourage your audience to make a decision sooner, rather than later. Just yesterday, Daphne Bousquet shared with us the best strategies to make more money by hosting your own events. Here are just a few ideas you can implement to resurrect your business this spring:
Breathing life into your business can be as simple as a few tweaks to what you're already doing, or completely revitalizing the art of doing business. Either way, a resurrection will give you the forward momentum you need to have a powerhouse Summer. And as we roll into conference season, it's even more important to be hitting those goals!
You can do it!
Direct Sales 101 will be re-opening soon. Look for more information in upcoming issues of "PartyOn!".
After a busy holiday season, many consultants often go on hiatus, letting their business suffer in the interim, until the snow melts, the roads dry up, and the grass is green again. If you're one who schleps product from home to car and back, that can be a good reason to slow down. No one likes hauling stuff in the snow, but when business slows down, so does your income.
Few people leave direct sales because of a full calendar. The number one reason I hear is because they can't find bookings, can't close the sales - in short, there's nothing on their calendar!
So as we enter the second quarter of the year, take a moment to examine your goals. With the year 25% of the way behind us, are you 25% of the way towards your goals? For the average consultant (if they even have goals), the answer is not quite. And most of that is due to the fact that they let their business "slip" during the first few months of the year.
Well, now's the time to get crackin' and breathe some life back into your business.
Last week at our Small Biz Super Summit, Lisa Sasevich revealed a great technique to close more business without being salesy or pushy. Lisa is the author of "The Invisible Close" and she gave some great tips about using irresistible offers to encourage your audience to make a decision sooner, rather than later. Just yesterday, Daphne Bousquet shared with us the best strategies to make more money by hosting your own events. Here are just a few ideas you can implement to resurrect your business this spring:
- Make a time-sensitive offer. Most of our companies provide us with a monthly special. That gives your hosts and guests all month to make up their mind. Give them something special for taking action on the day of the show.
- Close the party AT the party. If you hostess coach in advance, you can remind your host that you are closing the show the night of the party. Make sure she has her catalogs, samples, and outside order forms well in advance so that she can get them out and get them back to you the night of her show.
- Host your own event. In your own home, or rent a small conference room. Be your own host. If you're using social media, make it a more informal "tweetup" kind of an event so that more people will come, try your products, etc. Then have a time-sensitive offer for people that book, buy or set up a recruiting appointment with you that night.
Time sensitive offers are just one great strategy to increase sales, bookings and recruit leads. Your company can't possibly offer a new special every day - but you can. It requires a bit of planning and forethought, but if you're running a real business, you need to be planning ahead anyway.
Breathing life into your business can be as simple as a few tweaks to what you're already doing, or completely revitalizing the art of doing business. Either way, a resurrection will give you the forward momentum you need to have a powerhouse Summer. And as we roll into conference season, it's even more important to be hitting those goals!
You can do it!
==========
"Time-sensitive offer" is just one of the strategies I taught in my last Direct Sales 101 class, and here's what one of our first graduates had to say:
Well, I promoted to Team Leader, went from $300 in sales in January to $2700 in sales in February and $2000 in sales in March, and have 9 new shows on my calendar. I want to take the early graduation discount :>
You are, by far, the best direct sales/life coach I have ever had (and I have had quite a few!). You have helped me to cut through my fear, my husband is now on board with my "hobby" business (as he called it!) and wants me to go full throttle, and I have been able to do things for my family that I haven't in the past.... I can't wait to see what you have in store for the rest of the year.
Also, looking forward to the Small Biz Super Summit - what a lineup!
Lara Hall
Independent Passion Parties Consultant
www.LaraBHall.com
The Super Summit is coming!
I would be remiss if I didn't share this exciting news with my blog peeps. Each Spring and Fall, I host a telesummit with some of the most amazing minds in direct sales and business today. So here's my shameless plug for our Super Summit event.
This Spring, I think it's safe to say I've outdone myself. Here are just a few of the instructors scheduled to appear:
* Mari Smith - Facebook Marketing in an Hour a Day
* Paula Antonini - An Energized YOU
* Scott Lovingood - It's Your Money, Keep More of It
* Jimmy Vee & Travis Miller - Online Video to Grow Your Business in 9 Minutes a Day
* Lisa Sasevich - Boost Yoour Sales with the Invisible Close
* Jonathan Fields - The REAL Upside of Being an Entrepreneur
* Nicki Keohohou - The 6 Qualities of REAL Leadership
I've got people sharing info about books that haven't even been released yet - AND a ton more great stuff up my sleeve.
Now I can't reveal everything, but you'll definitely want to get pre-registered before March 28:
http://www.smallbizsupersummit.com/
In the past, we've called this the Direct Sales Super Summit, but we have so much valuable information for anyone looking to grow their business, we thought a name change would be appropriate. You'll be happy to note that we STILL have a track of content designed with direct sales pros in mind. That will not change.
We're hammering out the call schedule right now, but you'll want to be on as many of the live calls as you can - starting with the LIVE kickoff call on Sunday March 28 at 6pm ET.
If you can't make it, you'll have the option of purchasing the audios after you register. If you've been to any of our past events, you KNOW that this is the event of the year. I hope you'll join us!
This Spring, I think it's safe to say I've outdone myself. Here are just a few of the instructors scheduled to appear:
* Mari Smith - Facebook Marketing in an Hour a Day
* Paula Antonini - An Energized YOU
* Scott Lovingood - It's Your Money, Keep More of It
* Jimmy Vee & Travis Miller - Online Video to Grow Your Business in 9 Minutes a Day
* Lisa Sasevich - Boost Yoour Sales with the Invisible Close
* Jonathan Fields - The REAL Upside of Being an Entrepreneur
* Nicki Keohohou - The 6 Qualities of REAL Leadership
I've got people sharing info about books that haven't even been released yet - AND a ton more great stuff up my sleeve.
Now I can't reveal everything, but you'll definitely want to get pre-registered before March 28:
http://www.smallbizsupersummit.com/
In the past, we've called this the Direct Sales Super Summit, but we have so much valuable information for anyone looking to grow their business, we thought a name change would be appropriate. You'll be happy to note that we STILL have a track of content designed with direct sales pros in mind. That will not change.
We're hammering out the call schedule right now, but you'll want to be on as many of the live calls as you can - starting with the LIVE kickoff call on Sunday March 28 at 6pm ET.
If you can't make it, you'll have the option of purchasing the audios after you register. If you've been to any of our past events, you KNOW that this is the event of the year. I hope you'll join us!
Direct Sales Success: Incentivizing Hosts
As I coach my hosts, one of the things I often do is include incentives for the actions I want them to take.
Frankly, if my host and I are a partnership, it's important to me that she keeps up her end of the partnership. My job is to help her have the most successful show possible: happy guests that spend lots of money so she gets tons of free and half priced products.
In my experience, there are a few things that help make a show successful right from the get-go:
1. plenty of guests
2. outside orders
3. bookings before the show
If those things are in place, the show is a success before I even arrive. Plus, it helps me to know I'm already making money on this show before I even head out to do the party.
The best way to encourage your hosts to demonstrate this kind of behavior is to incentivize their actions.
I use a special business card sized "cheat sheet" (that I share with my Direct Sales 101 clients) that outlines exactly how I will reward my host for helping me make the event successful.
But you don't need to be a client to do the same thing. Here's what I recommend:
1. decide what are the most important outcomes from your show (bookings, sales, recruits, etc)
2. decide what actions are required to get those results (calls to make, guests at the show, etc)
3. figure out how much of that burden should fall on your hostess (creating a guest list, making RSVP calls, etc)
4. decide what kind of incentives you can give your hostess for completing those actions.
It can be as simple or as complex as you'd like. My primary focus is always on the guest list. That's my insurance policy for a successful party. The better the guest list the more successful the show, almost across the board. I would offer a small gift to my hostess when her guest list contained 40 or more different names and addresses.
Gifts don't need to be big or fancy, but they should be commensurate with the reward you're getting in return. For example, if I had a host that collected $500 in outisde orders, I might give her a $10-20 gift on top of her host bonus rewards. That's $500 I didn't really have to work for, and that's my way of thanking her for making our partnership successful. On the other hand, if she collected $20 in outside orders, I might offer her a free sample product or an extra draw from my mystery gift grab bag. Think about your gifts as if you were the one receiving them. Would you feel special or truly appreciated? If not, it's probably not a gift worth offering.
When you incentivize your hosts, you train them to perform their duties and "keep up their end" of the business relationship. Set the expectation for success. You are not a slave. You are a partner in a successful business endeavor. Train your hosts so that they know what it takes to have a successful show.
© 2010 Lisa Robbin Young.
==========
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
Frankly, if my host and I are a partnership, it's important to me that she keeps up her end of the partnership. My job is to help her have the most successful show possible: happy guests that spend lots of money so she gets tons of free and half priced products.
In my experience, there are a few things that help make a show successful right from the get-go:
1. plenty of guests
2. outside orders
3. bookings before the show
If those things are in place, the show is a success before I even arrive. Plus, it helps me to know I'm already making money on this show before I even head out to do the party.
The best way to encourage your hosts to demonstrate this kind of behavior is to incentivize their actions.
I use a special business card sized "cheat sheet" (that I share with my Direct Sales 101 clients) that outlines exactly how I will reward my host for helping me make the event successful.
But you don't need to be a client to do the same thing. Here's what I recommend:
1. decide what are the most important outcomes from your show (bookings, sales, recruits, etc)
2. decide what actions are required to get those results (calls to make, guests at the show, etc)
3. figure out how much of that burden should fall on your hostess (creating a guest list, making RSVP calls, etc)
4. decide what kind of incentives you can give your hostess for completing those actions.
It can be as simple or as complex as you'd like. My primary focus is always on the guest list. That's my insurance policy for a successful party. The better the guest list the more successful the show, almost across the board. I would offer a small gift to my hostess when her guest list contained 40 or more different names and addresses.
Gifts don't need to be big or fancy, but they should be commensurate with the reward you're getting in return. For example, if I had a host that collected $500 in outisde orders, I might give her a $10-20 gift on top of her host bonus rewards. That's $500 I didn't really have to work for, and that's my way of thanking her for making our partnership successful. On the other hand, if she collected $20 in outside orders, I might offer her a free sample product or an extra draw from my mystery gift grab bag. Think about your gifts as if you were the one receiving them. Would you feel special or truly appreciated? If not, it's probably not a gift worth offering.
When you incentivize your hosts, you train them to perform their duties and "keep up their end" of the business relationship. Set the expectation for success. You are not a slave. You are a partner in a successful business endeavor. Train your hosts so that they know what it takes to have a successful show.
© 2010 Lisa Robbin Young.
==========
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
Direct Sales Success: Know Your Averages
In baseball, one of the key metrics used to determine a player's ability is their batting average.
The league leaders have an average around .350, which means for every 10 times at the plate, they hit the ball and get on base 3.5 times. Sixty-five times out of a hundred, they don't make it to first base.
And those are the league leaders!
Pitchers have a comparable measurement - the Earned Run Average (ERA). This statistic measures the number of runs in a game that are "credited" to the pitcher. In essence, these are the runs he gave up as a pitcher. The lower the number, the better the pitcher.
The league leaders fall in the 2.1-3.5 range. That means that even the best pitchers are giving up a few runs each time they take the field.
What about you? In the game (and business) of direct sales, you need to be tracking your own averages. In fact, there are 3 critical averages that you must track if you want to improve your business on a consistent basis - regardless of the economy. They are:
1. Your Show Sales Average (SSA). This metric tells you exactly what you can expect from every show you do. If you know that you're averaging about $350 in sales at each show you do, you can predict with a fair amount of certainty how much income you'll earn in a given month. You'll also be able to strategize ways to improve your show income. If you don't know your SSA, however, you'll always be guessing from one month to the next about how your income will look.
The SSA is an easy number to calculate. Take the total show sales you've had in a given period of time (a year is best) and divide it by the total number of shows you held to get those sales. Don't count individual sales or online income unless they are part of a show you can track. Just sales from shows and the total number of shows. If fifteen shows resulted in $15,000, you have a $1,000 show average. If fifteen shows resulted in $1500, you have a $100 show average. Your results will likely fall somewhere in the middle of hose two extremes. If you don't do shows, calculate your one-on-one's. Same math, different figures.
2. Your Bookings Per Show (BPS). This metric indicates the longevity of your business. If you consistently get 2-3 bookings per show, you have a healthy business that will continue to propagate itself with new parties. If you consistently book 1-2 parties per show, you're going to have a more difficult time keeping your calendar full. When you know this metric, you can start to take a look at the reasons for your booking success (or challenges). Sometimes, it's a matter of changing your verbiage at the party. Sometimes you realize you haven't been giving a booking talk at all. Sometimes, you hit on just the right combination of fun and education that gets people excited to want to book a show with you.
You can calculate your BPS almot as simply as your SSA. Simply add up the total number of bookings you've gotten in the past year (or 6 months), and divide by the number of shows from which they came. You are counting totals, not JUST the shows that held. Be honest with yourself. If you booked 10 shows and only 4 held, that's a different metric. We want to track the total number of bookings from each show.
This does bring up an interesting discovery. If you find you're booking a lot of shows but they aren't holding, chances are good there's a problem with hostess coaching or follow up. Or you're working with flaky people. Both problems can be easily solved with a little coaching. But you can't solve either problem if you don't know your BPS.
3. Your Recruiting Interview Percentage (RIP). This metric tells you how many recruits youll be adding to your team. This metric is a little more complex, because it's actually made up of TWO mathematical equations. First, you need the total number of guests/clients you've worked with in a given period of time. This can be a challenge, so when you first start tracking this metric, begin with the total number of guests at your shows. Over time you'll need to add in all the other people you share recruiting info with, but for now, stick with something a little easier to track. How many recruiting interviews are you scheduling from each show? Divide the number of recruiting appointments by the number of guests. This is your scheduling rate. Save that number for the next step.
Now look at your recruiting appointments. How many of them actually result in a new consultant joining the team? Take the scheduling rate from step one and divide it by this number. Now you have a percentage you can work with. For every hundred people you meet, that's the number of people that will likely join your team on average.
Let's look at an example. If you have 150 guests in a given month, and schedule 10 recruit interviews, you have a 6.6% scheduling rate. Of those 10 interviews, only 3 join the team. That means you have a 2.2% Recruiting Interview Percentage. For every 100 people you meet at shows, etc, 2.2 of them are likely to join your team.
Once you know these numbers, you can begin to see how easy it is to stay motivated. If you knew with a fair amount of certainty that you could turn 2 out of every 100 people into new recruits, you're much more likely to approach those 100 people in the first place. You're also much more inspired to want to IMPROVE that percentage so that you're not working quite as hard from the get-go.
When you keep close tabs on what I call "the BIG 3" in your business, you'll have a more consistent, stable income, with the power and ability to keep it growing, right at your fingertips.
© 2010 Lisa Robbin Young.
==========
If you're interested in hearing more about the BIG 3, I will be chatting with Carrie Wilkerson on this topic during her Barefoot Bootcamp 2.0 happening this month. Yes, that's my affiliate link, but the videos are free, and very informative. I hope you'll check it out. Plus, if you sign up through my link for the event, you'll also get free access to my OWN Direct Sales Super Summit coming up in March!
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
The league leaders have an average around .350, which means for every 10 times at the plate, they hit the ball and get on base 3.5 times. Sixty-five times out of a hundred, they don't make it to first base.
And those are the league leaders!
Pitchers have a comparable measurement - the Earned Run Average (ERA). This statistic measures the number of runs in a game that are "credited" to the pitcher. In essence, these are the runs he gave up as a pitcher. The lower the number, the better the pitcher.
The league leaders fall in the 2.1-3.5 range. That means that even the best pitchers are giving up a few runs each time they take the field.
What about you? In the game (and business) of direct sales, you need to be tracking your own averages. In fact, there are 3 critical averages that you must track if you want to improve your business on a consistent basis - regardless of the economy. They are:
1. Your Show Sales Average (SSA). This metric tells you exactly what you can expect from every show you do. If you know that you're averaging about $350 in sales at each show you do, you can predict with a fair amount of certainty how much income you'll earn in a given month. You'll also be able to strategize ways to improve your show income. If you don't know your SSA, however, you'll always be guessing from one month to the next about how your income will look.
The SSA is an easy number to calculate. Take the total show sales you've had in a given period of time (a year is best) and divide it by the total number of shows you held to get those sales. Don't count individual sales or online income unless they are part of a show you can track. Just sales from shows and the total number of shows. If fifteen shows resulted in $15,000, you have a $1,000 show average. If fifteen shows resulted in $1500, you have a $100 show average. Your results will likely fall somewhere in the middle of hose two extremes. If you don't do shows, calculate your one-on-one's. Same math, different figures.
2. Your Bookings Per Show (BPS). This metric indicates the longevity of your business. If you consistently get 2-3 bookings per show, you have a healthy business that will continue to propagate itself with new parties. If you consistently book 1-2 parties per show, you're going to have a more difficult time keeping your calendar full. When you know this metric, you can start to take a look at the reasons for your booking success (or challenges). Sometimes, it's a matter of changing your verbiage at the party. Sometimes you realize you haven't been giving a booking talk at all. Sometimes, you hit on just the right combination of fun and education that gets people excited to want to book a show with you.
You can calculate your BPS almot as simply as your SSA. Simply add up the total number of bookings you've gotten in the past year (or 6 months), and divide by the number of shows from which they came. You are counting totals, not JUST the shows that held. Be honest with yourself. If you booked 10 shows and only 4 held, that's a different metric. We want to track the total number of bookings from each show.
This does bring up an interesting discovery. If you find you're booking a lot of shows but they aren't holding, chances are good there's a problem with hostess coaching or follow up. Or you're working with flaky people. Both problems can be easily solved with a little coaching. But you can't solve either problem if you don't know your BPS.
3. Your Recruiting Interview Percentage (RIP). This metric tells you how many recruits youll be adding to your team. This metric is a little more complex, because it's actually made up of TWO mathematical equations. First, you need the total number of guests/clients you've worked with in a given period of time. This can be a challenge, so when you first start tracking this metric, begin with the total number of guests at your shows. Over time you'll need to add in all the other people you share recruiting info with, but for now, stick with something a little easier to track. How many recruiting interviews are you scheduling from each show? Divide the number of recruiting appointments by the number of guests. This is your scheduling rate. Save that number for the next step.
Now look at your recruiting appointments. How many of them actually result in a new consultant joining the team? Take the scheduling rate from step one and divide it by this number. Now you have a percentage you can work with. For every hundred people you meet, that's the number of people that will likely join your team on average.
Let's look at an example. If you have 150 guests in a given month, and schedule 10 recruit interviews, you have a 6.6% scheduling rate. Of those 10 interviews, only 3 join the team. That means you have a 2.2% Recruiting Interview Percentage. For every 100 people you meet at shows, etc, 2.2 of them are likely to join your team.
Once you know these numbers, you can begin to see how easy it is to stay motivated. If you knew with a fair amount of certainty that you could turn 2 out of every 100 people into new recruits, you're much more likely to approach those 100 people in the first place. You're also much more inspired to want to IMPROVE that percentage so that you're not working quite as hard from the get-go.
When you keep close tabs on what I call "the BIG 3" in your business, you'll have a more consistent, stable income, with the power and ability to keep it growing, right at your fingertips.
© 2010 Lisa Robbin Young.
==========
If you're interested in hearing more about the BIG 3, I will be chatting with Carrie Wilkerson on this topic during her Barefoot Bootcamp 2.0 happening this month. Yes, that's my affiliate link, but the videos are free, and very informative. I hope you'll check it out. Plus, if you sign up through my link for the event, you'll also get free access to my OWN Direct Sales Super Summit coming up in March!
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
Direct Sales: It's Playing, Not The Game, That Matters
I lost count at the number of emails I got asking me what game we played in our booth. I'm actually planning on doing an entire call for my Marketing Mentor coaching group next month about Expos and Events. But for you, dear readers, I will reveal the game we played in our booth.
But here's the thing. At different events, we played different games:
We played black jack.
We rolled giant dice and played craps.
We played "Where's the Queen?" (like the shell game, but with cards)
We played bingo.
The booth theme was "casino night". And it wasn't the game we played that mattered, it was the fact that we engaged our audience in a unique way that allowed them to see we were about more than just our product and our comp plan.
The games were pretty short - so we weren't spending more than a minute or so with each person. The games were also engaging. Participants had to participate and talk with us.
And that, dear readers, is what makes the difference. When people walk away from the booth, we'd slap the "I got lucky" sticker on them so that we knew they'd already played the game. But they were also advertising for us. So when someone asked "Hey, how'd you get that sticker?" people could say "I just played this really fun game over at that booth" and point in our general direction.
Woo hoo! They were driving traffic for us, advertising for us, and creating buzz for us. It was kind of an offline viral marketing technique.
But honestly, it didn't matter which game we played, the results were the same. People were excited about what we offered, we got to talk with people for more than two seconds, and we were able to have a memorable cue for follow-up calls ("you played craps at our booth at the expo...").
In big events, it's hard to stand out, hard to be remarkable. It's even more challenging when you have to compete with dozens of other direct sellers - even if they offer different products. People will likely only book one show, and you want it to be with you. You have to be very compelling. But that's another post for another day.
So now you know my "secret game". It's no secret. It's all in how you play the game, not what game you play.
© 2010 Lisa Robbin Young.
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
But here's the thing. At different events, we played different games:
We played black jack.
We rolled giant dice and played craps.
We played "Where's the Queen?" (like the shell game, but with cards)
We played bingo.
The booth theme was "casino night". And it wasn't the game we played that mattered, it was the fact that we engaged our audience in a unique way that allowed them to see we were about more than just our product and our comp plan.
The games were pretty short - so we weren't spending more than a minute or so with each person. The games were also engaging. Participants had to participate and talk with us.
And that, dear readers, is what makes the difference. When people walk away from the booth, we'd slap the "I got lucky" sticker on them so that we knew they'd already played the game. But they were also advertising for us. So when someone asked "Hey, how'd you get that sticker?" people could say "I just played this really fun game over at that booth" and point in our general direction.
Woo hoo! They were driving traffic for us, advertising for us, and creating buzz for us. It was kind of an offline viral marketing technique.
But honestly, it didn't matter which game we played, the results were the same. People were excited about what we offered, we got to talk with people for more than two seconds, and we were able to have a memorable cue for follow-up calls ("you played craps at our booth at the expo...").
In big events, it's hard to stand out, hard to be remarkable. It's even more challenging when you have to compete with dozens of other direct sellers - even if they offer different products. People will likely only book one show, and you want it to be with you. You have to be very compelling. But that's another post for another day.
So now you know my "secret game". It's no secret. It's all in how you play the game, not what game you play.
© 2010 Lisa Robbin Young.
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
Direct Sales Tips: 3 Must Haves for Successful Events
As a direct sales consultant, I was party to more than my share of horrible events.
You know the kind: five consultants standing around in a mostly empty booth, while the crowds of passersby pass you by.
You look on, longingly hoping that someone, anyone, will enter the booth to talk to you.
But people keep walking by, afraid you'll all descend like vultures.
Yeah. I've been there. Thousands of people, no leads to speak of.
Then I had the opportunity to set up my own booth at a 2-day event, instead of "buying in" to someone else's.
I had complete control over how things were "supposed" to go (more on that in a minute).
I learned there were three critical factors to a successful event booth:
1. Traffic
2. Leads
3. Buzz
If you do it right, it's like a circle. Traffic generates leads, which creates buzz, which stimulates traffic.
But you can't get those three things to work if you haven't done your homework BEFORE the event. Here are the three MUST HAVES for any successful expo-type vendor event.
1. Know the desired outcome. What is it you're looking for from this event? More bookings? More recruits? More sales? A combination of the three? Be very clear on what it is you want from the leads that enter your booth.
2. Know the special offer. The best events I've ever had included some kind of incentive for creating the desired outcome AT the event. A special incentive for booking your party at the expo, for example.
3. An eye-catching display and sticky collateral. It doesn't have to be fancy, but it does have to be vertical. Something tall and easy to spot across a crowded expo center, or takeaways that have your visitors advertising for you, are both effective means of generating buzz once people have made it to your booth.
There's one more thing you need to plan for before the event - time to follow up with leads. If you're too busy to follow up with contacts you've made at the event, don't bother going. It's the equivalent of flushing your money down the toilet. Before the big day, block out time in your calendar AFTER the big event to be sure you can reach out to as many of your prospects as possible. If you've made a plan for the three must-haves, you'll need that time after the event to connect and close your leads.
Done properly, these three items are the biggest determining factors of your event success. If you handle yourself well and stick to the plan, you'll likely come out with more leads than you can handle.
If you opt to do things the old-school way (as did some of the consultants that joined me in my booth), you'll drive people away.
The proof is in the pudding, as they say. I set up my booth, told the other consultants how we we're going to handle the event, and left to speak on the main stage at the event. When I returned, two of the consultants were out in the aisles, passing out business cards and begging for bookings.
These two ladies were not on my team, but were part of my leader's team. They had paid to share the booth with us, so I wanted them to be successful. I politely explained to them that they needed to be in the booth, following the outline we had created to make the event successful for everyone.
"But that's too distracting. We aren't talking to as many people that way. Out in the aisle, we're talking to eveyone that comes by."
"My point exactly." I said, as I motioned for my team mate to join us in the aisle.
She was finishing up scheduling a booking on her calendar and I asked her to report out her results.
"I've booked a show and scheduled one recruiting appointment, but I've only talked to about 15 people since you left."
I then turned my attention to the ladies in the aisle.
"We've passed out about 50 business cards. I've got one lady that said she'd come back later to talk about booking a party. She's a friend of mine from work."
She did book that party. But at the end of the evening, when we were sorting out the leads, those two women had decidedly fewer leads than my team. They also had fewer booked appointments, and fewer business cards in their hands.
They didn't come back the next day. On their way out for the evening, they grumbled about how poorly the event fared for them, and how I must have somehow cheated to get nearly twice as many leads for my team.
Ladies! It's about quality, not quantity. Those women were forcing themselves on anyone that stood still long enough to take a card, instead of getting people to be excited about what they offered, and sharing that excitement with everyone they came in contact with.
Who's going to keep a business card? Not very many people. Who's going to wear a sticker that says "I got lucky!" and then tell other people at the event where they can go to get a sticker of their own?
Now you see my point. My team was engaging people in a game and putting the sticker on these people so that we would know who'd already played the game. People were coming to our table to play the game, walking away with a sticker and doing the advertising for us about our booth. We didn't have to go out into the aisle. They were coming to us.
But playing the game takes about 45 seconds per guest. That means you won't talk to as many people. BUT the ones you DO talk to are engaged, excited about what you're offering, and more likely to book, buy, or consider joining your team.
So I guess you could say we cheated. We used the power of the crowd on itself. We created a viral marketing campaign right there in the event. We created buzz, which drew traffic, which generated leads...
...And we had more leads than we could handle at the end of the night - and looked forward to even more on the next day.
© 2010 Lisa Robbin Young.
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
You know the kind: five consultants standing around in a mostly empty booth, while the crowds of passersby pass you by.
You look on, longingly hoping that someone, anyone, will enter the booth to talk to you.
But people keep walking by, afraid you'll all descend like vultures.
Yeah. I've been there. Thousands of people, no leads to speak of.
Then I had the opportunity to set up my own booth at a 2-day event, instead of "buying in" to someone else's.
I had complete control over how things were "supposed" to go (more on that in a minute).
I learned there were three critical factors to a successful event booth:
1. Traffic
2. Leads
3. Buzz
If you do it right, it's like a circle. Traffic generates leads, which creates buzz, which stimulates traffic.
But you can't get those three things to work if you haven't done your homework BEFORE the event. Here are the three MUST HAVES for any successful expo-type vendor event.
1. Know the desired outcome. What is it you're looking for from this event? More bookings? More recruits? More sales? A combination of the three? Be very clear on what it is you want from the leads that enter your booth.
2. Know the special offer. The best events I've ever had included some kind of incentive for creating the desired outcome AT the event. A special incentive for booking your party at the expo, for example.
3. An eye-catching display and sticky collateral. It doesn't have to be fancy, but it does have to be vertical. Something tall and easy to spot across a crowded expo center, or takeaways that have your visitors advertising for you, are both effective means of generating buzz once people have made it to your booth.
There's one more thing you need to plan for before the event - time to follow up with leads. If you're too busy to follow up with contacts you've made at the event, don't bother going. It's the equivalent of flushing your money down the toilet. Before the big day, block out time in your calendar AFTER the big event to be sure you can reach out to as many of your prospects as possible. If you've made a plan for the three must-haves, you'll need that time after the event to connect and close your leads.
Done properly, these three items are the biggest determining factors of your event success. If you handle yourself well and stick to the plan, you'll likely come out with more leads than you can handle.
If you opt to do things the old-school way (as did some of the consultants that joined me in my booth), you'll drive people away.
The proof is in the pudding, as they say. I set up my booth, told the other consultants how we we're going to handle the event, and left to speak on the main stage at the event. When I returned, two of the consultants were out in the aisles, passing out business cards and begging for bookings.
These two ladies were not on my team, but were part of my leader's team. They had paid to share the booth with us, so I wanted them to be successful. I politely explained to them that they needed to be in the booth, following the outline we had created to make the event successful for everyone.
"But that's too distracting. We aren't talking to as many people that way. Out in the aisle, we're talking to eveyone that comes by."
"My point exactly." I said, as I motioned for my team mate to join us in the aisle.
She was finishing up scheduling a booking on her calendar and I asked her to report out her results.
"I've booked a show and scheduled one recruiting appointment, but I've only talked to about 15 people since you left."
I then turned my attention to the ladies in the aisle.
"We've passed out about 50 business cards. I've got one lady that said she'd come back later to talk about booking a party. She's a friend of mine from work."
She did book that party. But at the end of the evening, when we were sorting out the leads, those two women had decidedly fewer leads than my team. They also had fewer booked appointments, and fewer business cards in their hands.
They didn't come back the next day. On their way out for the evening, they grumbled about how poorly the event fared for them, and how I must have somehow cheated to get nearly twice as many leads for my team.
Ladies! It's about quality, not quantity. Those women were forcing themselves on anyone that stood still long enough to take a card, instead of getting people to be excited about what they offered, and sharing that excitement with everyone they came in contact with.
Who's going to keep a business card? Not very many people. Who's going to wear a sticker that says "I got lucky!" and then tell other people at the event where they can go to get a sticker of their own?
Now you see my point. My team was engaging people in a game and putting the sticker on these people so that we would know who'd already played the game. People were coming to our table to play the game, walking away with a sticker and doing the advertising for us about our booth. We didn't have to go out into the aisle. They were coming to us.
But playing the game takes about 45 seconds per guest. That means you won't talk to as many people. BUT the ones you DO talk to are engaged, excited about what you're offering, and more likely to book, buy, or consider joining your team.
So I guess you could say we cheated. We used the power of the crowd on itself. We created a viral marketing campaign right there in the event. We created buzz, which drew traffic, which generated leads...
...And we had more leads than we could handle at the end of the night - and looked forward to even more on the next day.
© 2010 Lisa Robbin Young.
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com/
Direct Sales Success: Expectations Set the Tone
When I work with clients on their target marketing, one of the biggest areas of contention is the realization that ultimately, everyone is not their target market.
No, everyone that fogs up a mirror is not your prospect. Neither is everyone who showers (if you're in skincare), everyone who eats (if you sell kitchen gadgets or food), or everyone with kids (if you sell toys or educational goodies).
You've got to be a little more specific.
For example, if you choose to service a local, offline, market, then people more than 100 miles from your home would not be part of your target market. This limits the number of people you can serve.
And that word, "limits", seems to put a stranglehold on a consultant faster than a rope 'n ride at the rodeo.
They want to serve everyone. Because if they don't serve everyone, how will they get enough clients for their business.
Then I try to remind them of this episode of I Love Lucy:
You can't possibly serve everyone and do a good job.
Really. You can't.
So, why not change your expectations? establish a market that you CAN serve, and that you WANT to serve.
And expectations go both ways. Be sure to let your target market know what they can expect from you, how you expect to serve them, and how they can expect to hear from you. here are some suggestions to help set the tone with new clients in your target market:
1. Lay out the ground rules from the get-go.
Tell them your guest lists typically have 40-50 names on them, and that you usually get them back within 3 days. If they have problems with that, you'll be more than happy to help them in person, or to direct them to another consultant that would be glad to work with them.
2. Express your excitement about helping your host have a successful show. Your best shows are going to have a certain number of guests (get this info from your statistics from last year). Let your hosts and guests know what they can expect if the evening is a success for everyone.
3. Decide in advance what kind of show you want to have. Leave nothing to chance. I have had success inviting my "go only" guests to other people's parties. If a guest says "I only go to parties, I don't host them" I put them on a list so that when I have a host that's struggling to get RSVP's, I can call them up and invite them to the party. The host thinks I'm her hero, and the guest appreciates being remembered and treated respectfully.
Ultimately, it's up to you to decide how you're going to make the most of your business, policies and procedures. your home office lays the foundation, but the framework is built by you. Your expectations set the tone for the outcome of your parties AND your business as a whole.
Expect more to get more.
No, everyone that fogs up a mirror is not your prospect. Neither is everyone who showers (if you're in skincare), everyone who eats (if you sell kitchen gadgets or food), or everyone with kids (if you sell toys or educational goodies).
You've got to be a little more specific.
For example, if you choose to service a local, offline, market, then people more than 100 miles from your home would not be part of your target market. This limits the number of people you can serve.
And that word, "limits", seems to put a stranglehold on a consultant faster than a rope 'n ride at the rodeo.
They want to serve everyone. Because if they don't serve everyone, how will they get enough clients for their business.
Then I try to remind them of this episode of I Love Lucy:
You can't possibly serve everyone and do a good job.
Really. You can't.
So, why not change your expectations? establish a market that you CAN serve, and that you WANT to serve.
And expectations go both ways. Be sure to let your target market know what they can expect from you, how you expect to serve them, and how they can expect to hear from you. here are some suggestions to help set the tone with new clients in your target market:
1. Lay out the ground rules from the get-go.
Tell them your guest lists typically have 40-50 names on them, and that you usually get them back within 3 days. If they have problems with that, you'll be more than happy to help them in person, or to direct them to another consultant that would be glad to work with them.
2. Express your excitement about helping your host have a successful show. Your best shows are going to have a certain number of guests (get this info from your statistics from last year). Let your hosts and guests know what they can expect if the evening is a success for everyone.
3. Decide in advance what kind of show you want to have. Leave nothing to chance. I have had success inviting my "go only" guests to other people's parties. If a guest says "I only go to parties, I don't host them" I put them on a list so that when I have a host that's struggling to get RSVP's, I can call them up and invite them to the party. The host thinks I'm her hero, and the guest appreciates being remembered and treated respectfully.
Ultimately, it's up to you to decide how you're going to make the most of your business, policies and procedures. your home office lays the foundation, but the framework is built by you. Your expectations set the tone for the outcome of your parties AND your business as a whole.
Expect more to get more.
Promote Yourself Without Being Pushy
On Saturday Night, I was party to the Annual Vampire Ball in my local community.
We all dress up like vampires and dance and carry on to support our local farmer's market. It's a good time for a good cause.
This year, we had 5 very talented bands performing. Voltaire was, of course, our returning headliner and while he wowed the crowed with his fun and entertaining songs, it's not him that I want to talk about.
Some of these groups just didn't have a clue how to promote themselves.
Here's what one band said during their set:
"um, yeah, we're (insert band name here). We've got a merch table in the back there if you're interested. Our website is: myspace.com/(band name) - if you want to learn more about the band."
There was more, but I hope you get the point. This very somber delivery (even if they were a goth band), didn't get people excited about what they had to offer. The fact is, they were probably one of the better sounding groups of the evening, and their marketing was awful.
In fact, when they were on stage no one danced, and most people were making a beeline for the bar instead of their merchandise table.
How could they improve? Here are some basics that anyone should consider to help promote themselves without beng seen as pushy:
1. get a domain name. Telling people you're on myspace only makes you look less comitted. Voltaire has a very active myspace page, but he still has his own domain name. If you're not keen on maintaining to web spaces, just re-direct the domain name to the myspace page. That way pople are typing in "bandname.com" rather than a longer myspace url (or facebook, or twitter, etc).
2. be enthusiastic about your work. If you've got product to sell ("merch" in the music world), you can be proud of the fact without being pushy. Instead of "hey, we've got a table full of merchandise in the back for you to look at" try this:
"If you really liked that song, it's on our XYZ album that you an purchase in the back of the room. There's also a ton of other groovy stuff and we'll even sign it for you when our sets done."
You're still telling people yo've got a merch table. You're also giving them two good reasons to come to the table - a personal autograph, and a way to purchase the song they just heard.
3. Interact with the people. If all you do is stand in a corner (or in the green room) until it's your turn to give your presentation, you're missing out on the opportunity to connect with your audience, and learn what they're all about. While the other bands were manning their merch tables both before and after their sets, this band was barely around - in fact because they drove from so far away, they were a little late in arriving.
4. Professionalism pays. Because they were tardy, they started off the evening on the wrong foot with not only the promoters, but the other bands because they appeared to be scrambling to get ready for sound check. The doors actually opened a few minutes late to the event, which is always a disappointment. When it's your job to be on time, even when you're coming from miles away, you need to do everything in your power to make it happen. The apparently apathetic response from this band about their tardiness did not go over well. We all know things happen, so take respnsibility and apologize for it. A response of "yeah, well we drove all the way here from the other side of the country" isn't good enough. To repeat that in your concert to the audience only makes you look unprofessional.
Scott Stratten talks about "pull and stay" marketing - the idea of engaging your potential customers clients in a way that draws the in, rather than leaving them with a half-hearted attempt at offering your wares.
You can make a person want to know more - want what you have to offer - without beating them over the head OR being apathetic about it. It begins by sharing your enthusiasm.
We all dress up like vampires and dance and carry on to support our local farmer's market. It's a good time for a good cause.
This year, we had 5 very talented bands performing. Voltaire was, of course, our returning headliner and while he wowed the crowed with his fun and entertaining songs, it's not him that I want to talk about.
Some of these groups just didn't have a clue how to promote themselves.
Here's what one band said during their set:
"um, yeah, we're (insert band name here). We've got a merch table in the back there if you're interested. Our website is: myspace.com/(band name) - if you want to learn more about the band."
There was more, but I hope you get the point. This very somber delivery (even if they were a goth band), didn't get people excited about what they had to offer. The fact is, they were probably one of the better sounding groups of the evening, and their marketing was awful.
In fact, when they were on stage no one danced, and most people were making a beeline for the bar instead of their merchandise table.
How could they improve? Here are some basics that anyone should consider to help promote themselves without beng seen as pushy:
1. get a domain name. Telling people you're on myspace only makes you look less comitted. Voltaire has a very active myspace page, but he still has his own domain name. If you're not keen on maintaining to web spaces, just re-direct the domain name to the myspace page. That way pople are typing in "bandname.com" rather than a longer myspace url (or facebook, or twitter, etc).
2. be enthusiastic about your work. If you've got product to sell ("merch" in the music world), you can be proud of the fact without being pushy. Instead of "hey, we've got a table full of merchandise in the back for you to look at" try this:
"If you really liked that song, it's on our XYZ album that you an purchase in the back of the room. There's also a ton of other groovy stuff and we'll even sign it for you when our sets done."
You're still telling people yo've got a merch table. You're also giving them two good reasons to come to the table - a personal autograph, and a way to purchase the song they just heard.
3. Interact with the people. If all you do is stand in a corner (or in the green room) until it's your turn to give your presentation, you're missing out on the opportunity to connect with your audience, and learn what they're all about. While the other bands were manning their merch tables both before and after their sets, this band was barely around - in fact because they drove from so far away, they were a little late in arriving.
4. Professionalism pays. Because they were tardy, they started off the evening on the wrong foot with not only the promoters, but the other bands because they appeared to be scrambling to get ready for sound check. The doors actually opened a few minutes late to the event, which is always a disappointment. When it's your job to be on time, even when you're coming from miles away, you need to do everything in your power to make it happen. The apparently apathetic response from this band about their tardiness did not go over well. We all know things happen, so take respnsibility and apologize for it. A response of "yeah, well we drove all the way here from the other side of the country" isn't good enough. To repeat that in your concert to the audience only makes you look unprofessional.
Scott Stratten talks about "pull and stay" marketing - the idea of engaging your potential customers clients in a way that draws the in, rather than leaving them with a half-hearted attempt at offering your wares.
You can make a person want to know more - want what you have to offer - without beating them over the head OR being apathetic about it. It begins by sharing your enthusiasm.
Overnight Success: Your Magic Pill Has Arrived.
Michael Jackson did the elementary school talent show. Judy Garland sang with her sisters in her folks' theater. And dozens of celebs and would-be celebs talk about how they are an "overnight success ten years in the making."
An overnight success rarely is. And the ones that are work like hell to make it happen. In a recent post by Chris Brogan, he demonstrates just what kind of sacrifice it takes to achieve that level of status.
Most of us just don't have the gumption to go there. And in truth, most of us don't NEED to go there to be successful.
Part of the issue is that so many of us get wrapped up in the comparison game - the "keeping up with the Joneses" kind of bull-hockey that puts us on a hamster wheel from which we'll never retire.
I maintain that success holds a personal definition for each of us, and under no circumstances should we allow ourselves to be taken prisoner by someone else's success.
I love the idea of 1,000 true fans that Seth Godin shares in his book, Tribes: We Need You to Lead Us
.
(Full disclosure: that's my amazon affiliate link. Buy the book from my link and I might make twelve whole cents, woo hoo! Don't get me started on the FTC again.)
Seth talks about how we really only need 1,000 true fans to attain a quality of life that most people would consider successful - not multi-millionaire successful necessarily, but happy, sufficient, and comfortably sated in our life. It's not his original idea, but that's where I first discovered it.
One of the planks of my "platform" - if you call it that - is that success has to be defined on your terms, not mine or anyone else's. I can't want something more for you than you do.
And along with that is the level of investment you're willing to make to achieve that level of success. Investment of your time, energy and money. It's not jsut abuot the money you throw at a problem to "make it go away". There are no ruby slippers when it comes to creating success: just investment and a return on that investment.
Have you defined your success? Do you have a plan in place for it? What are you willing to commit to in an effort to attain those things?
That's the difference between the "overnighters" and the rest of the world.
Overnight success is more a reflection of the amount of time one spends dedicated to their mission/passion - i.e. they stayed up OVERNIGHT (repeatedly) to complete everything already on their to-do list so that they could then devote additional resources to the attainment of their success plan.
I can't count the number of people I've talked to who've said that they jsut don't have the time to make something work - or they don't have the money to invest - or they don't have the energy because they're not as spry as they once were.
It's as if they're looking for someone to tell them that it's okay and they can still achieve success even if they're not willing to make the investment. Or worse, that there's a "magic pill" that will solve all their ills.
They COULD still attain success - but something has to give:
* it will take longer
* it won't be at the same level
* it will be short-lived
Most people on the front end don't want to compromise their vision of success. They want the best of the best and nothing less - until they see what kind of investment is involved.
My mom used to paraphrase Robin Leach: "Champagne wishes, and Kool-Aid money."
Let's be realistic. If you're not willing to invest in your business (time, energy or money), you need to be willing to accept whatever you've already got going for you as your personal level of success.
If that's NOT good enough for you, then something has to change. That change requires an investment - either time to analyze the situation and implement new changes, effort in throwing mud on the wall to see what will stick, or money to get expert help to improve the situation.
Usually, it's a combination of the above.
The "magic pill" is called investment. Time. Energy. Money or some combination of the three. You can't achieve anything in life without some level of investment/effort.
Chris is part of an army of entrepreneurs that get it. And people respect him for it. He's bustin' hs butt on the front end to enjoy the fruits of his labors on the back end. That's the only known magic formula that gets results every time.
And with apologies to The Princess Bride: "Anyone who says differently is selling something."
An overnight success rarely is. And the ones that are work like hell to make it happen. In a recent post by Chris Brogan, he demonstrates just what kind of sacrifice it takes to achieve that level of status.
Most of us just don't have the gumption to go there. And in truth, most of us don't NEED to go there to be successful.
Part of the issue is that so many of us get wrapped up in the comparison game - the "keeping up with the Joneses" kind of bull-hockey that puts us on a hamster wheel from which we'll never retire.
I maintain that success holds a personal definition for each of us, and under no circumstances should we allow ourselves to be taken prisoner by someone else's success.
I love the idea of 1,000 true fans that Seth Godin shares in his book, Tribes: We Need You to Lead Us
. (Full disclosure: that's my amazon affiliate link. Buy the book from my link and I might make twelve whole cents, woo hoo! Don't get me started on the FTC again.)
Seth talks about how we really only need 1,000 true fans to attain a quality of life that most people would consider successful - not multi-millionaire successful necessarily, but happy, sufficient, and comfortably sated in our life. It's not his original idea, but that's where I first discovered it.
One of the planks of my "platform" - if you call it that - is that success has to be defined on your terms, not mine or anyone else's. I can't want something more for you than you do.
And along with that is the level of investment you're willing to make to achieve that level of success. Investment of your time, energy and money. It's not jsut abuot the money you throw at a problem to "make it go away". There are no ruby slippers when it comes to creating success: just investment and a return on that investment.
Have you defined your success? Do you have a plan in place for it? What are you willing to commit to in an effort to attain those things?
That's the difference between the "overnighters" and the rest of the world.
Overnight success is more a reflection of the amount of time one spends dedicated to their mission/passion - i.e. they stayed up OVERNIGHT (repeatedly) to complete everything already on their to-do list so that they could then devote additional resources to the attainment of their success plan.
I can't count the number of people I've talked to who've said that they jsut don't have the time to make something work - or they don't have the money to invest - or they don't have the energy because they're not as spry as they once were.
It's as if they're looking for someone to tell them that it's okay and they can still achieve success even if they're not willing to make the investment. Or worse, that there's a "magic pill" that will solve all their ills.
They COULD still attain success - but something has to give:
* it will take longer
* it won't be at the same level
* it will be short-lived
Most people on the front end don't want to compromise their vision of success. They want the best of the best and nothing less - until they see what kind of investment is involved.
My mom used to paraphrase Robin Leach: "Champagne wishes, and Kool-Aid money."
Let's be realistic. If you're not willing to invest in your business (time, energy or money), you need to be willing to accept whatever you've already got going for you as your personal level of success.
If that's NOT good enough for you, then something has to change. That change requires an investment - either time to analyze the situation and implement new changes, effort in throwing mud on the wall to see what will stick, or money to get expert help to improve the situation.
Usually, it's a combination of the above.
The "magic pill" is called investment. Time. Energy. Money or some combination of the three. You can't achieve anything in life without some level of investment/effort.
Chris is part of an army of entrepreneurs that get it. And people respect him for it. He's bustin' hs butt on the front end to enjoy the fruits of his labors on the back end. That's the only known magic formula that gets results every time.
And with apologies to The Princess Bride: "Anyone who says differently is selling something."
Enthusiastic or Pushy? What's the difference?
As a direct sales coach, I hear it all the time:
There's a difference between being enthusiastic about your business and being pushy.
Pushy, to me, comes off more as bullying, or force-feeding your agenda on unwilling, or unsuspecting people.
Enthusiasm is a contagious attitude that is positive in nature.
One stems from fear, the other from faith.
In fact, the word enthusiasm is derived from the Greek, meaning "God inside". You've no doubt seen enthusiastic people, perhaps 'bouncing off the walls' a bit, as if the fire of deity burned within them.
Enthusiasm is a motivating, inspiring force. Pushy is an oppressive, demanding force.
As business owners, we need to realize that we can be enthusiastic, and even FIRM about our expectations without being pushy.
Granted, there will always be a small cadre of folks whom you can never satisfy. Someone will always find fault with you. This is not for those types - since you really shouldn't be building your business around them anyway! They're certainly not your perfect fit customer.
When you've developed a following of 'fans' - what I call "crack addicts", they will pick up on and share your enthusiasm.
Fans rarely (if ever) share your pushy attitude.
Let's look at an example of reasonable expectations and enthusiasm in your business - and when they might turn into pushiness.
You're at an event, demonstrating the versatility of your product. You begin to share how this particular product has saved you hours of time at home, and made your life less stressful and more enjoyable. You smile and others smile with you. People begin asking questions and you can tell you've hit on a topic of interest.
So far, you get high marks for enthusiasm.
Suddendly, you notice two women (we'll call them Jane and Mary) are asking the bulk of the questions. Both seem very interested not only in your product, but also in your business opportunity. You answer their questions, and Mary schedules an appointment to talk with you further.
Inside, you are doing the dance of joy. Your smile is as big as all outdoors. Your enthusiasm is contagious, and others begin to ask for additional information about your products - but not Jane.
At the close of the event, you pull Jane into a corner and begin to tell her all the wonderful reasons why she should take your information and set up an appointment to tal with you further. She politely declines and you insist that she'd be great at what you do and she should just take the packet and "sleep on it". She tells you she's not very good at sales, and you proceed to tell her why you felt the same way when you started, and that you found with a little practice you got pretty good, and now you're making good money each month and that she won't lose anything by just taking the packet and setting up a time to chat with you.
Okay. I hope you see where you went from enthusiastic to pushy. Assuming you do get Jane to set an appointment, it's highly unlikely that she'll show - or ever return your calls again.
Enthusiasm is one way of providing value to the world. We're helping others, sprading a positive message or positive energy in a way that seeks only to serve. When we're enthusiastic about our product, we want the WORLD to know how great it is.
But when someone disagrees, shows a lack of interest, or simply refuses to participate, we begin to feel as if WE'VE been rejected - and take that rejection personally. That's when fear - and pushiness - set in.
When "everyone else" was so excited about our offering, the enthusiasm was contagious. The moment we see someone who's not "on our side" we begin to think something's wrong - and we move away from helping the other person and move into defensive mode - trying to "overcome objections" and "close" them to a decision.
Some people just take more time than we're willing to give them to make a decision.
Here are a few tips to avoid feeling (and being) pushy:
1. Always ask yourself if you are providing a real value to the client.
Real value is in the eyes of the client, however, so this can get tricky. you may THINK you're providing something valueable - after all, you shelled out $5 per recruiting packet and it comes with free samples - but the client has no interest in joining your team, so they see no value in what you're offering.
2. Look to the client's desires first.
This ties into number one above. If you are seeking to understand what's important to your client at any given time, you will rarely be perceived as pushy. In fact, you'll be seen as incredibly helpful, somewhat refreshing and a nice, friendly person. Why? Because so few people take the time to care these days. Perhaps a client has difficulty expressing their desires. The act of seeking to understand them FIRST goes a long way towards building a lasting relationship.
3. Keep your mouth shut.
I wanted to say listen, but today, so many people are hearing what's going on and instead of truly getting to the heart of their client's issue, they're preparing their rebuttal or their comeback statement. This is something I STILL struggle with because my mind races a million miles a minute trying to find solutions for people. You have to close your mouth - including the voice in your head - and LISTEN to what your customers want and need. Ask them. Then shut up long enough to really hear what they're saying.
4. Vocalize appropriate expectations.
As a business owner, setting clear expectations of your customers does not make you pushy. It is completely acceptable to say "I'll call you on Tuesday to confirm" and then call on Tuesday. You've laid out an expectation, and it's your responsibility to follow up appropriately.
It's NOT appropriate to then call Wednesday, Thursday, Friday and THREE times on Saturday. THAT'S being pushy. There's probably a good reason why Jane isn't returning your call - and if you've "camped out" on her phone line every day for a week, chances are good she'll NEVER return those calls.
And I hear you asking 'but what do I do if they never return my call? Well there are two considerations here. First, did they REALLY want to talk to you in the first place? If you strong-armed them into accepting a call from you, they may be looking for any excuse to never return your call. Those are not perfect-fit customers, and you need to rid yourself of them ASAP.
If they are still very interested in connecting with you, try a postcard, text message or other means of contacting them.
Just make sure you don't do one a day for a whole week. There's keeping in touch, and then there's being desparate.
One is an act of enthusiasm. The other is an act of pushyness.
I don't want people to think I'm being pushy
There's a difference between being enthusiastic about your business and being pushy.
Pushy, to me, comes off more as bullying, or force-feeding your agenda on unwilling, or unsuspecting people.
Enthusiasm is a contagious attitude that is positive in nature.
One stems from fear, the other from faith.
In fact, the word enthusiasm is derived from the Greek, meaning "God inside". You've no doubt seen enthusiastic people, perhaps 'bouncing off the walls' a bit, as if the fire of deity burned within them.
Enthusiasm is a motivating, inspiring force. Pushy is an oppressive, demanding force.
As business owners, we need to realize that we can be enthusiastic, and even FIRM about our expectations without being pushy.
Granted, there will always be a small cadre of folks whom you can never satisfy. Someone will always find fault with you. This is not for those types - since you really shouldn't be building your business around them anyway! They're certainly not your perfect fit customer.
When you've developed a following of 'fans' - what I call "crack addicts", they will pick up on and share your enthusiasm.
Fans rarely (if ever) share your pushy attitude.
Let's look at an example of reasonable expectations and enthusiasm in your business - and when they might turn into pushiness.
You're at an event, demonstrating the versatility of your product. You begin to share how this particular product has saved you hours of time at home, and made your life less stressful and more enjoyable. You smile and others smile with you. People begin asking questions and you can tell you've hit on a topic of interest.
So far, you get high marks for enthusiasm.
Suddendly, you notice two women (we'll call them Jane and Mary) are asking the bulk of the questions. Both seem very interested not only in your product, but also in your business opportunity. You answer their questions, and Mary schedules an appointment to talk with you further.
Inside, you are doing the dance of joy. Your smile is as big as all outdoors. Your enthusiasm is contagious, and others begin to ask for additional information about your products - but not Jane.
At the close of the event, you pull Jane into a corner and begin to tell her all the wonderful reasons why she should take your information and set up an appointment to tal with you further. She politely declines and you insist that she'd be great at what you do and she should just take the packet and "sleep on it". She tells you she's not very good at sales, and you proceed to tell her why you felt the same way when you started, and that you found with a little practice you got pretty good, and now you're making good money each month and that she won't lose anything by just taking the packet and setting up a time to chat with you.
Okay. I hope you see where you went from enthusiastic to pushy. Assuming you do get Jane to set an appointment, it's highly unlikely that she'll show - or ever return your calls again.
Enthusiasm is one way of providing value to the world. We're helping others, sprading a positive message or positive energy in a way that seeks only to serve. When we're enthusiastic about our product, we want the WORLD to know how great it is.
But when someone disagrees, shows a lack of interest, or simply refuses to participate, we begin to feel as if WE'VE been rejected - and take that rejection personally. That's when fear - and pushiness - set in.
When "everyone else" was so excited about our offering, the enthusiasm was contagious. The moment we see someone who's not "on our side" we begin to think something's wrong - and we move away from helping the other person and move into defensive mode - trying to "overcome objections" and "close" them to a decision.
Some people just take more time than we're willing to give them to make a decision.
Here are a few tips to avoid feeling (and being) pushy:
1. Always ask yourself if you are providing a real value to the client.
Real value is in the eyes of the client, however, so this can get tricky. you may THINK you're providing something valueable - after all, you shelled out $5 per recruiting packet and it comes with free samples - but the client has no interest in joining your team, so they see no value in what you're offering.
2. Look to the client's desires first.
This ties into number one above. If you are seeking to understand what's important to your client at any given time, you will rarely be perceived as pushy. In fact, you'll be seen as incredibly helpful, somewhat refreshing and a nice, friendly person. Why? Because so few people take the time to care these days. Perhaps a client has difficulty expressing their desires. The act of seeking to understand them FIRST goes a long way towards building a lasting relationship.
3. Keep your mouth shut.
I wanted to say listen, but today, so many people are hearing what's going on and instead of truly getting to the heart of their client's issue, they're preparing their rebuttal or their comeback statement. This is something I STILL struggle with because my mind races a million miles a minute trying to find solutions for people. You have to close your mouth - including the voice in your head - and LISTEN to what your customers want and need. Ask them. Then shut up long enough to really hear what they're saying.
4. Vocalize appropriate expectations.
As a business owner, setting clear expectations of your customers does not make you pushy. It is completely acceptable to say "I'll call you on Tuesday to confirm" and then call on Tuesday. You've laid out an expectation, and it's your responsibility to follow up appropriately.
It's NOT appropriate to then call Wednesday, Thursday, Friday and THREE times on Saturday. THAT'S being pushy. There's probably a good reason why Jane isn't returning your call - and if you've "camped out" on her phone line every day for a week, chances are good she'll NEVER return those calls.
And I hear you asking 'but what do I do if they never return my call? Well there are two considerations here. First, did they REALLY want to talk to you in the first place? If you strong-armed them into accepting a call from you, they may be looking for any excuse to never return your call. Those are not perfect-fit customers, and you need to rid yourself of them ASAP.
If they are still very interested in connecting with you, try a postcard, text message or other means of contacting them.
Just make sure you don't do one a day for a whole week. There's keeping in touch, and then there's being desparate.
One is an act of enthusiasm. The other is an act of pushyness.
Online Marketing: Know Like and Trust
Several of the entries in the 12 week challenge contest talk about how difficult it is to "make the transition" from online acquaintance to business client or associate.
Before we can make that transition, however we have to establish the relationship.
That's the "sermon" for today's post.
The "KLT Factor" - know, like, and trust - are always a hot topic in the business world. People have to know you, like you, and trust you, at least to SOME degree to be wililng to do business with you.
For example, you may not know a thing about that pimply faced, rookie salesman trying to sell you a dryer, but because they work for a well-respected mega store in your community, you trust that they won't steer you wrong - or if they do, you'll be able to sue the pants off the mega store.
Some level of KLT has been established.
If you have NO desire to work with the consultant down the street because she bad-mouthed a competitor during a presentation, her KLT factor with you is pretty low - even if she's your sister.
To be blunt, telling everyone how grat your product is, or how wonderful your company is, or that you just won an all-expense paid trip to the Bahamas is NOT building your KLT factor in the eyes of your customers. IF they already know you, or like you, they may be happy for you, but they don't care about your good fortune anymore thant they care about themselves.
It's always about them.
Period.
If I closed the post there, it should suffice for those serious about building a servant-minded enterprise. Disney built an empire around the concept of caring for the customer - and they have the overpriced burgers to prove that what they do works.
The companies that have stuck around for centuries or more are those that put the right thing in front of the ROI. They care more about their customers than themselves.
But many of us are too concerned with ourselves to have that kind of concern for our customers.
And the words "get what you want by helping other people get what they want" become only so many nice words.
You've heard me talk before about providing value. Mike Dandridge, in his book "The One-Year Business Turnaround" says that Value is in the eye of the customer. You can give them a 10% off coupon, free shipping, and tickets to "Riverdance", but if your customers find no value in that, those aren't valuable additions to the product.
And fast turnaround, or "excellent customer service" are supposed to be standard. Again, not value added benefits for a customer.
Sometimes, doing something of value means making a sacrifice. Sometimes a BIG sacrifice. Not always, but sometimes.
Why did thousands of people sign up for my Direct Sales Super Summit in March? There are dozens of free training calls all over the place. There are many speakers that talk on similar topics for a fee.
The reason people signed up is because they saw the VALUE in what I was providing: quality information they could use to impact their lives, their businesses right NOW at a reasonable investment.
That's value.
And when my customers email me they say things like "do you remember last month when I placed that order?"
Of COURSE I remember. You're my customer. You put food on my table and clothes on my kid's back. You are my livlihood, my bread and butter, keeping the wolves from the door! I try to touch every single transaction at least once to remind myself to be grateful for everyone that comes through "the doors" of my business.
That's value to some of my customers. They want to know that someone - a REAL human being - is behind all the blog posts, emails, newsletters, etc.
To others on my list, it's no big deal, they rarely communicate with me, and they like it that way. And that's okay with me, too.
The point is to meet people where they are, provide what THEY believe is valuable. THAT'S when you build a real relationship. Help people. Maybe they could care less about your biz opp today, but need their flat tire fixed.
Taking the time to help with their flat could be the thing that they remember 6 months from now when they stumble on your card after having lost their job. You thought you'd never hear from them again, and what a waste of a perfectly good afternoon, and oh my, your hands were so dirty. But they remembered that when they needed help (something of the UTMOST value), YOU were there. And now they need "help" again. So they call you.
It happens more times than I care to count. Building trust isn't a dog and pony show. you don't do it just when it's convenient. You do it because it's part of who you are, part of what you stand for. When you establish trust, people begin to like you and then they want to get to know more about who you are and what you have to offer.
It's about integrity. It's about helping first, and selling later. Or maybe not selling at all. you never know who's watching you perform the random acts of kindness that make us better people.
But if you invest yourself in your business this way, you can't help but win. It's how the Carnegies and Motts and Rockefellers of the world managed to KEEP the wealth they worked so hard to earn.
During the horrible market crach in the 20's a 3+million dollar embezzlement scheme was found out in one of the biggest banks in my community. The former president of the bank, having virtually no liability for the debacle, could have easily washed his hands of everything, leaving all the depositors to fend for themselves, most likely ending up with nothing.
But he chose to front his own money - and approach lenders in the bigger markets to help cover the debt so that the honest, hard working people in my community wouldn't lose everything. He didn't have to do it. He CHOSE to do it. Not to save face, but to helpa community of which he'd grown very fond. Not only did he save the financial lives of so many people, he got all his money back and then some - and lived out his days as one of the wealthiest members of our community.
He was a man of intergity, ingenuity, trust, respect and strong moral character. He gave and gave of himself, his finances and more. And in return, grew a powerful company, built a foundation for the less fortunate, and left an amazing legacy that fuels this community to this day.
I never met the man - he died before I was born. But his life is an integral component to what makes my community what it is today.
That's the kind of value we need to be providing to each one of our customers. If we don't enjoy what we're doing, or who we're working with enough to be willing to make sacrifices to help them, why are we doing it in the first place?
Direct Sales isn't for everyone. Being a business owner or an entrepreneur isn't for everyone. It requires great sacrifice - of ourselves, our time, energy, money - sometimes our families, our finances, our homes.
What are you doing to provide REAL value to the people in your business? Are your business contacts like family to you?
I remember a class I took once when I was in real estate. the instructor said as an agent, we had to treat all our buyers like they were our grandmother and all our sellers as if they were our little sister. The idea is that you'd want to get them the very best possible deal, so that everyone wins, and no one feals cheated. that doesn't mean doing "just enough" but giving out UTMOST.
And frankly, so many of us just don't do that. We've learned how to get by. We look for the "magic pill" and we want everything to come easy.
To quote The Princess Bride "Whoever said life is fair?" Where is that written? Life isn't always fair."
But if we give our utmost, the hard work is rewarded in more ways than we can ever imagine. That's when real trust is built, lives are changed and business is done.
In business, there are many ways to build relationships, and the beauty of online marketing is that you can move through this process at a more predictable pace by using tools and strategies designed to decrease the germination period. The sooner you can establish trust, build rapport and create likability, the sooner business can be done.
In the 12-Week Challenge, we'll take a look at several tools you can use to not only build rapport, but automate some elements of the relationship building process, so that you can run a more efficient business that focuses on serving your perfect fit customers. There's still time to enter the contest before next week. Winners will be announced on October 20.
Before we can make that transition, however we have to establish the relationship.
That's the "sermon" for today's post.
The "KLT Factor" - know, like, and trust - are always a hot topic in the business world. People have to know you, like you, and trust you, at least to SOME degree to be wililng to do business with you.
For example, you may not know a thing about that pimply faced, rookie salesman trying to sell you a dryer, but because they work for a well-respected mega store in your community, you trust that they won't steer you wrong - or if they do, you'll be able to sue the pants off the mega store.
Some level of KLT has been established.
If you have NO desire to work with the consultant down the street because she bad-mouthed a competitor during a presentation, her KLT factor with you is pretty low - even if she's your sister.
To be blunt, telling everyone how grat your product is, or how wonderful your company is, or that you just won an all-expense paid trip to the Bahamas is NOT building your KLT factor in the eyes of your customers. IF they already know you, or like you, they may be happy for you, but they don't care about your good fortune anymore thant they care about themselves.
It's always about them.
Period.
If I closed the post there, it should suffice for those serious about building a servant-minded enterprise. Disney built an empire around the concept of caring for the customer - and they have the overpriced burgers to prove that what they do works.
The companies that have stuck around for centuries or more are those that put the right thing in front of the ROI. They care more about their customers than themselves.
But many of us are too concerned with ourselves to have that kind of concern for our customers.
And the words "get what you want by helping other people get what they want" become only so many nice words.
You've heard me talk before about providing value. Mike Dandridge, in his book "The One-Year Business Turnaround" says that Value is in the eye of the customer. You can give them a 10% off coupon, free shipping, and tickets to "Riverdance", but if your customers find no value in that, those aren't valuable additions to the product.
And fast turnaround, or "excellent customer service" are supposed to be standard. Again, not value added benefits for a customer.
Sometimes, doing something of value means making a sacrifice. Sometimes a BIG sacrifice. Not always, but sometimes.
Why did thousands of people sign up for my Direct Sales Super Summit in March? There are dozens of free training calls all over the place. There are many speakers that talk on similar topics for a fee.
The reason people signed up is because they saw the VALUE in what I was providing: quality information they could use to impact their lives, their businesses right NOW at a reasonable investment.
That's value.
And when my customers email me they say things like "do you remember last month when I placed that order?"
Of COURSE I remember. You're my customer. You put food on my table and clothes on my kid's back. You are my livlihood, my bread and butter, keeping the wolves from the door! I try to touch every single transaction at least once to remind myself to be grateful for everyone that comes through "the doors" of my business.
That's value to some of my customers. They want to know that someone - a REAL human being - is behind all the blog posts, emails, newsletters, etc.
To others on my list, it's no big deal, they rarely communicate with me, and they like it that way. And that's okay with me, too.
The point is to meet people where they are, provide what THEY believe is valuable. THAT'S when you build a real relationship. Help people. Maybe they could care less about your biz opp today, but need their flat tire fixed.
Taking the time to help with their flat could be the thing that they remember 6 months from now when they stumble on your card after having lost their job. You thought you'd never hear from them again, and what a waste of a perfectly good afternoon, and oh my, your hands were so dirty. But they remembered that when they needed help (something of the UTMOST value), YOU were there. And now they need "help" again. So they call you.
It happens more times than I care to count. Building trust isn't a dog and pony show. you don't do it just when it's convenient. You do it because it's part of who you are, part of what you stand for. When you establish trust, people begin to like you and then they want to get to know more about who you are and what you have to offer.
It's about integrity. It's about helping first, and selling later. Or maybe not selling at all. you never know who's watching you perform the random acts of kindness that make us better people.
But if you invest yourself in your business this way, you can't help but win. It's how the Carnegies and Motts and Rockefellers of the world managed to KEEP the wealth they worked so hard to earn.
During the horrible market crach in the 20's a 3+million dollar embezzlement scheme was found out in one of the biggest banks in my community. The former president of the bank, having virtually no liability for the debacle, could have easily washed his hands of everything, leaving all the depositors to fend for themselves, most likely ending up with nothing.
But he chose to front his own money - and approach lenders in the bigger markets to help cover the debt so that the honest, hard working people in my community wouldn't lose everything. He didn't have to do it. He CHOSE to do it. Not to save face, but to helpa community of which he'd grown very fond. Not only did he save the financial lives of so many people, he got all his money back and then some - and lived out his days as one of the wealthiest members of our community.
He was a man of intergity, ingenuity, trust, respect and strong moral character. He gave and gave of himself, his finances and more. And in return, grew a powerful company, built a foundation for the less fortunate, and left an amazing legacy that fuels this community to this day.
I never met the man - he died before I was born. But his life is an integral component to what makes my community what it is today.
That's the kind of value we need to be providing to each one of our customers. If we don't enjoy what we're doing, or who we're working with enough to be willing to make sacrifices to help them, why are we doing it in the first place?
Direct Sales isn't for everyone. Being a business owner or an entrepreneur isn't for everyone. It requires great sacrifice - of ourselves, our time, energy, money - sometimes our families, our finances, our homes.
What are you doing to provide REAL value to the people in your business? Are your business contacts like family to you?
I remember a class I took once when I was in real estate. the instructor said as an agent, we had to treat all our buyers like they were our grandmother and all our sellers as if they were our little sister. The idea is that you'd want to get them the very best possible deal, so that everyone wins, and no one feals cheated. that doesn't mean doing "just enough" but giving out UTMOST.
And frankly, so many of us just don't do that. We've learned how to get by. We look for the "magic pill" and we want everything to come easy.
To quote The Princess Bride "Whoever said life is fair?" Where is that written? Life isn't always fair."
But if we give our utmost, the hard work is rewarded in more ways than we can ever imagine. That's when real trust is built, lives are changed and business is done.
In business, there are many ways to build relationships, and the beauty of online marketing is that you can move through this process at a more predictable pace by using tools and strategies designed to decrease the germination period. The sooner you can establish trust, build rapport and create likability, the sooner business can be done.
In the 12-Week Challenge, we'll take a look at several tools you can use to not only build rapport, but automate some elements of the relationship building process, so that you can run a more efficient business that focuses on serving your perfect fit customers. There's still time to enter the contest before next week. Winners will be announced on October 20.
Develop an Online Marketing Strategy FIRST
Online Marketing is more than Social Media.
There's products, services, websites, blogs, email, opt-ins, copy, autoresponders and so much more to the picture.
Here's one of the recent entries in my 12-Week Challenge Contest:
"My biggest challenge with marketing my business online is......taking all the info that I have learned from various sources and translating it into a workable, realistic plan that I can easily stick to. My weakness is jumping from great idea to excellent implementation" - Anna Marie
(If you haven't entered yet, there's still time to enter here.)
One of the big hurdles to navigating the web is what to do first - and how to make it effective. There are as many opinions as there are experts on the topic about what will work best - for small business or direct sellers. One thing most everyone seems to agree on, however, is the importance of developing a strategy FIRST.
When you approach building your business with a strategic plan - a roadmap if you will - it becomes much easier to determine where to invest your time, energy and monoey for maximum effectiveness.
The same holds true when creating an online presence. Create a roadmap that outlines exactly what your objectives are. Once you've developed that strategy, you can look to which elements of online marketing will best meet those objectives, and make an educated decision about the amount of time, entegy and money you'll invest in each.
At present, I maintain several blogs and websites - in addition to my multiple social media presences, newsletters, and offline media.
I STARTED with one thing.
This is the big "sticky wicket" that online marketing strategiest want to pose - set up multiple things, try to keep all the plates spinning and watch it all come crashing down in a huge time suck.
The reality of all this online marketing hoo-hah is that there's really only one place you need to start when it comes to growing your business online. It's something I call your Perfect Fit Customer.
Once you've identified your Perfect Fit Customer - which is not just a demographic, but a complete profile of the ideal client you want to serve - you can lay out an effective strategy to approach, attract and retain people with whom you enjoy working.
An effective strategy begins with clarity and focus. The first place to focus is on your passion. Assuming your business is a reflection of your passion, the next place to focus is your perfect fit customer. Once you're clear on who you want to serve, the next step is figuring out where to find them - and you may discover that it's NOT an online environment, after all.
*GASP!* Did I just recommend against an online strategy?
Well, if your perfect fit customer doesn't own a computer, online marketing is virtually pointless, isn't it?
Fortunately, that's not the case for the majority of purchasers in the US these days.
The point is that you need to know WHERE to find your perfect fit customer before you go off looking for them - otherwise you're just snipe hunting.
In our 12-Week Challenge, we'll begin with an in-depth look at your Perfect Fit Customer, help you determine your area of expertise, and lay out a customized online marketing strategy built around the way YOU do business. Designed for small business owners of all types - not just direct sellers - the 12-Week challenge is great for anyone looking for hand on help to grow their business using online marketing strategies.
Get the full details at homepartysolution.com/12weeks.
Tickets go on sale tomorrow!
There's products, services, websites, blogs, email, opt-ins, copy, autoresponders and so much more to the picture.
Here's one of the recent entries in my 12-Week Challenge Contest:
"My biggest challenge with marketing my business online is......taking all the info that I have learned from various sources and translating it into a workable, realistic plan that I can easily stick to. My weakness is jumping from great idea to excellent implementation" - Anna Marie
(If you haven't entered yet, there's still time to enter here.)
One of the big hurdles to navigating the web is what to do first - and how to make it effective. There are as many opinions as there are experts on the topic about what will work best - for small business or direct sellers. One thing most everyone seems to agree on, however, is the importance of developing a strategy FIRST.
When you approach building your business with a strategic plan - a roadmap if you will - it becomes much easier to determine where to invest your time, energy and monoey for maximum effectiveness.
The same holds true when creating an online presence. Create a roadmap that outlines exactly what your objectives are. Once you've developed that strategy, you can look to which elements of online marketing will best meet those objectives, and make an educated decision about the amount of time, entegy and money you'll invest in each.
At present, I maintain several blogs and websites - in addition to my multiple social media presences, newsletters, and offline media.
I STARTED with one thing.
This is the big "sticky wicket" that online marketing strategiest want to pose - set up multiple things, try to keep all the plates spinning and watch it all come crashing down in a huge time suck.
The reality of all this online marketing hoo-hah is that there's really only one place you need to start when it comes to growing your business online. It's something I call your Perfect Fit Customer.
Once you've identified your Perfect Fit Customer - which is not just a demographic, but a complete profile of the ideal client you want to serve - you can lay out an effective strategy to approach, attract and retain people with whom you enjoy working.
An effective strategy begins with clarity and focus. The first place to focus is on your passion. Assuming your business is a reflection of your passion, the next place to focus is your perfect fit customer. Once you're clear on who you want to serve, the next step is figuring out where to find them - and you may discover that it's NOT an online environment, after all.
*GASP!* Did I just recommend against an online strategy?
Well, if your perfect fit customer doesn't own a computer, online marketing is virtually pointless, isn't it?
Fortunately, that's not the case for the majority of purchasers in the US these days.
The point is that you need to know WHERE to find your perfect fit customer before you go off looking for them - otherwise you're just snipe hunting.
In our 12-Week Challenge, we'll begin with an in-depth look at your Perfect Fit Customer, help you determine your area of expertise, and lay out a customized online marketing strategy built around the way YOU do business. Designed for small business owners of all types - not just direct sellers - the 12-Week challenge is great for anyone looking for hand on help to grow their business using online marketing strategies.
Get the full details at homepartysolution.com/12weeks.
Tickets go on sale tomorrow!
5 Ways to Build a Responsive List
The money is in the list. That's what today's marketers will tell you.
But that's a half truth. The money is in the responsive list.
The phone book is a great example of a list that is mostly worthless for marketing purposes. Yes, there's money to be had in that list, but the time and effort you'll expend trying to extract it could be put to better use labeing your catalogs.
You need a responsive list. You may have heard me talk in the past about creating a customer crack addiction. These are customers that are so excited about working with you, that they're almost addicted to what you have to say, and more importantly, what you have to offer.
It's been said that if we only had 1000 true fans, most of us could live a comfortable lifestyle. These 1000 true fans would flock to our classes, devour everything we ever teach them, and be the first to own one of everything we've ever offered.
Yet, most of us are quite content to take whatever we're given and keep our mouths shut.
If you are truly building "You, Inc.", you need to consider how to gro a responsive list. Take a cue from Aunt Barbara.
You can visit youtube on any given day and you'll see dozens of videos from "Aunt Barbara" - a Tupperware representative with a twist - HE does all of his parties in drag, dressed as a quintessential 1950's marm, complete with the beehive hair and the red lipstick.
This guy sold over $100,000 in Tupperware last year and was featured on MSNBC. He's created a following of fans that enjoy his irreverent, on the fringe style of Tupperware parties, and they watch his videos religiously.
While you may not be ready to dress in drag, there are ways to build a responsive list that can have you seeing six figure sales as well.
1. Video. Sites like youtube and viddler not only allow you to post videos, you can create whole channels for your content, and promote them as well. Videos that go viral - like Aunt Barbara - mean more eyeballs. More eyeballs convert to clicks, clicks convert to buyers. Video is fast, and still forgiving. You don't need to be perfect, just genuine.
2. Ezines. Still the tried and true way to regularly reach your "tribe" of faithful, ezines are still effective. They target your market and provide you with a level of credibility when used consistently. If you can't be conistent, though, avoid getting started with ezines. Responsive lsis will come to expect them like clockwork.
3. Articles. Related to ezines, but not exactly the same, posting articles on article sites like ezinearticles.com can help drive traffic and build your list as well.
4. Blogs. A great way to generate a lot of traffic, it can be tricky to convert blog readers into list members without a strong call to action to do so. Make sure you have some sort of opt-in link or subscription form near every post to ensure those that want to sign up will.
5. Social Media. This is a fantastic way to create a following, but like blogs can be tricky to convert followers into list members. Post too many links, and you're seen as spammy. You really have to walk the line and provide a lot of value for this to be effective. When done properly, though, your social media fans will be some of your most vocal advocates in the marketplace.
Once you start building a responsive list, you'll quickly see a return on your investment of value. People that complain about giving away free content to their lists are generally the ones still using a phonebook instead of a targeted list of raving fans. People want good reasons to do business with you, and they want to be sure you're the real deal. Giving value first goes a long way toward building a responsive list, and each of these methods provides value in a real, tangible way for minimal expense.
© 2009 Lisa Robbin Young.
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com
But that's a half truth. The money is in the responsive list.
The phone book is a great example of a list that is mostly worthless for marketing purposes. Yes, there's money to be had in that list, but the time and effort you'll expend trying to extract it could be put to better use labeing your catalogs.
You need a responsive list. You may have heard me talk in the past about creating a customer crack addiction. These are customers that are so excited about working with you, that they're almost addicted to what you have to say, and more importantly, what you have to offer.
It's been said that if we only had 1000 true fans, most of us could live a comfortable lifestyle. These 1000 true fans would flock to our classes, devour everything we ever teach them, and be the first to own one of everything we've ever offered.
Yet, most of us are quite content to take whatever we're given and keep our mouths shut.
If you are truly building "You, Inc.", you need to consider how to gro a responsive list. Take a cue from Aunt Barbara.
You can visit youtube on any given day and you'll see dozens of videos from "Aunt Barbara" - a Tupperware representative with a twist - HE does all of his parties in drag, dressed as a quintessential 1950's marm, complete with the beehive hair and the red lipstick.
This guy sold over $100,000 in Tupperware last year and was featured on MSNBC. He's created a following of fans that enjoy his irreverent, on the fringe style of Tupperware parties, and they watch his videos religiously.
While you may not be ready to dress in drag, there are ways to build a responsive list that can have you seeing six figure sales as well.
1. Video. Sites like youtube and viddler not only allow you to post videos, you can create whole channels for your content, and promote them as well. Videos that go viral - like Aunt Barbara - mean more eyeballs. More eyeballs convert to clicks, clicks convert to buyers. Video is fast, and still forgiving. You don't need to be perfect, just genuine.
2. Ezines. Still the tried and true way to regularly reach your "tribe" of faithful, ezines are still effective. They target your market and provide you with a level of credibility when used consistently. If you can't be conistent, though, avoid getting started with ezines. Responsive lsis will come to expect them like clockwork.
3. Articles. Related to ezines, but not exactly the same, posting articles on article sites like ezinearticles.com can help drive traffic and build your list as well.
4. Blogs. A great way to generate a lot of traffic, it can be tricky to convert blog readers into list members without a strong call to action to do so. Make sure you have some sort of opt-in link or subscription form near every post to ensure those that want to sign up will.
5. Social Media. This is a fantastic way to create a following, but like blogs can be tricky to convert followers into list members. Post too many links, and you're seen as spammy. You really have to walk the line and provide a lot of value for this to be effective. When done properly, though, your social media fans will be some of your most vocal advocates in the marketplace.
Once you start building a responsive list, you'll quickly see a return on your investment of value. People that complain about giving away free content to their lists are generally the ones still using a phonebook instead of a targeted list of raving fans. People want good reasons to do business with you, and they want to be sure you're the real deal. Giving value first goes a long way toward building a responsive list, and each of these methods provides value in a real, tangible way for minimal expense.
© 2009 Lisa Robbin Young.
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com
The Power of a List
Whenever clients ask me why they need their own (opt-in) list of contacts and customers, I tell them this:
"She who controls the list controls the marketing message."
Then, I usually recount one story or another I've gathered from other consultants. Like the consultant that joined a new direct sales company after her previous company closed their doors. With less than a week to finalize any outstanding orders, most consultants are left cobbling together customer order forms, old guest lists, and email contacts as they try to rebuild their business with a new company.
Or perhaps you've left your company for "greener pastures" as did one top income earner I know. Eventually several of her downline team mates joined her. Naturally, you're going to let all your past hosts and customers know about your the change. In doing so, you just might end up like she did - slapped with a lawsuit for "enticement". Her former company claimed that she was using confidential company information that was owned by the company to "harvest" customers and consultants, causing them thousands of dollars in lost business.
If you look at most direct sales consultant agreements or policy manuals, you'll see wording that says all customer and consultant lists belong to the company, and that you are granted a license to use that information as long as you are a consultant. Customer lists are confidential, and considered an important "trade secret" that could cause financial harm should they fall into the "wrong hands".
Now, I'm not trying to put the fear of God in you. As a business owner, you need to be aware of all the details of any contracts/agreements that you sign. Make sure you're reading the fine print in your consultant agreement and policy manual.
You hold NO ownership claim to any list that is controlled by your direct sales company.
That means whenever a client or lead visits your company sponsored website and signs up for the company sponsored newsletter, they are part of the company sponsored marketing system and their contact info is essentially owned by the company.
It doesn't matter if the client is a lead from another state or your great Aunt Margaret. The company owns the lead.
As a business owner, YOU need to have a list that you control. As the owner of "You, Inc.", you have a right to contact, market and serve anyone on your own list. Having your own marketing list - that your clients have agreed to be on (they have opted in) - provides you several walls of protection.
Legal protection
If you have clients that opt-in to your list BEFORE you recommend your company products or services, you can prove that they were YOUR leads first. It's as easy as having them sign up for your monthly newsletter (not the company newsletter, YOURS). When leads opt-in, they have given you written permission to be added to your marketing list.
Don't just add people to your list, or you could be accused of violating CAN-SPAM regulations. Get their permission. If they're really your customers, they are usually happy to grant you that permission.
Portability & Flexibility
When you control the list, you determine how and when they are contacted. You can send them ANY message that is in alignment with the purpose of the list. Don't send cooking recipes to a list about financial managment. You assume responsibility for any and all messages going out to your list. It is also your responsibility to keep the list clean.
Plus, if you move to a new company, you can take that list with you. If you use a mailing list service, you can automate a lot of the work, and make updating a snap!
Relationship Building
As the market continues to evolve, being able to communicate effectively with your audience begins with building a relationship built on trust, identity and likeability. If your leads don't know, like and trust you, they won't follow you from one company to another. Having your own marketing list, allows you to update them on the happenings in your life - not just the hot special your company has this month.A company can only develop a product centric relationship - because they don't know your clients like you do. By sending out periodic updates about some of the personal aspects of your life, your clients get to learn more about who you are as a person, not only as a sales rep.Like Jeffrey Gitomer says:All thing being equal, people want to do business with friends. All things being unequal, people STILL want to do business with friends.
Real businesses own their list, treat it like gold, and protect it like Fort Knox. You should too.
© 2009 Lisa Robbin Young.
USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE!
Please do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is a certified direct sales marketing coach, teaching direct sellers to grow their business like a real business instead of an expensive hobby. Sign up for her free weekly ezine at http://www.homepartysolution.com
Income Producing Activites for Direct Sellers
In a previous post, I discussed Pareto's Law, the 80/20 Rule. And often, as was this case with this post, the comments come back like this:
"I *know* this. It's just hard to put into practice."
So I wanted to take a closer look at Income Producing Activities for Direct Sellers, as I research your most burning questions for an upcoming free teleclass for my subscribers.
Many direct sellers don't even know what their income producing activities (IPA) really are. Simply defined, IPA are any activities that directly generate income for you.
Most consultants think of this as booking, selling and recruiting. Most consultants would be wrong.
Let's look more closely at each of these activities and see if they meet our simple definition.
Booking parties is time-consuming. Even at the show, we're dropping 3-10 booking seeds to get 3-4 shows added to our calendar. When we look at industry statistics, 20% of your shows will cancel or reschedule. But in reality, it's not the booking that generates the income. Any consultant who's failed to follow up with a hostess, or forgotten to mail the invitations, or didn't confirm the booking has invariably lost a show (or had a mostly unprofitable one). Therefore it's not the act of BOOKING the party that produces the income, but rather hostess coaching and follow up that produce the income.
Dozens of industry trainers will offer you host coaching programs. The best one I've ever seen - and use myself, is Deb Bixler's Create a Cash Flow Show - which virtually guarantees you'll have a $1,000 show every time you do a party. And yes, out of full disclosure, that's my affiliate link. It give me credit for referring you to her website. I only recommend products I use and love. Deb's is one of the best on the market in terms of content and delivery. Her no-nonsense, build it like a real business approach is in complete alignment with the way I run my business, and she's a trainer of integrity.
So booking is NOT an income producing activity, per se. Hostess Coaching is. And often, this is the area in which we suffer most.
Selling is quite obviously an IPA, since the result of selling is that you earn income. Whether you're doing custmer care follow-up, reorder calls, or the show itself, I think that IPA is fairly self-explanatory.
Recruiting can be an IPA, but you need to check your company rule book. In nearly all direct selling companies, no one is paid for recruiting someone, but rather, is paid when that recruit meets a performance goal - selling a certain amount, getting "qualified" or some other performance based measurement.
In fact, many companies have strict rules AGAINST compensating a person for adding recruits to their team to avoid being considered a "pyramid/ponzi scheme". Ponzi was notorious for paying people in the pyramid a portion of the recruiting fee and there was no real product to sell - which ultimately meant the pyramid would crumble when people stopped signing up. The DSA and the federal government have some pretty strict rules about this.
So recruiting in and of itself is not an income producing activity, rather the income is produced based on team performance. But how do you encourage consultants to perform? Coaching. Thus COACHING your team is the income producing activity.
So aside from the actual sales process, the bulk of your income is derived fom your coaching activities - either with your hostess or with your team.
But where are we told to spent the bulk of your time? Booking, Selling and Recruiting.
Don't get me wrong, these are important activities, but when it comes to the 80/20 rule, Booking and Recruiting (also known as prospecting) shouldn't take more than 20% of your business time (they likely take up 80% of your time now). The remaining 80% of your business time should be focused on actual Income Producing Activities: SELLING and COACHING your hostesss and teams.
Yet this is the very complaint I hear over and over again: I don't have the TIME. Thus the need to streamline, automate, delegate and eliminate activities that don't fall into the most productive parts of our business.
Freeing yourself to focus on IPA isn't an overnight task. It takes time, but is critical to the overall success of your business. Top Direct Sales Leaders don't try to do it all themselves. Neither should you. Begin today by looking at what you could delegate, or things you know you're not good at that you could have someone else handle for you.
Take time to develop the list. Eventually, put a plan in place to start delegating. You'll free up your time to focus on making more money, which will eventually turn into freeing up more time because you won't need to work so much!
==========
Want more help understanding IPA and how to apply it to your business? Use this form to Ask Lisa your questions for an upcoming free teleclass about Income Producing Activities for Direct Sellers. The only certified Direct Sales Marketing Coach in the WORLD, Lisa Robbin Young can help demystify the business side of running your direct sales business. Visit her free online community for direct sellers today.
"I *know* this. It's just hard to put into practice."
So I wanted to take a closer look at Income Producing Activities for Direct Sellers, as I research your most burning questions for an upcoming free teleclass for my subscribers.
Many direct sellers don't even know what their income producing activities (IPA) really are. Simply defined, IPA are any activities that directly generate income for you.
Most consultants think of this as booking, selling and recruiting. Most consultants would be wrong.
Let's look more closely at each of these activities and see if they meet our simple definition.
Booking parties is time-consuming. Even at the show, we're dropping 3-10 booking seeds to get 3-4 shows added to our calendar. When we look at industry statistics, 20% of your shows will cancel or reschedule. But in reality, it's not the booking that generates the income. Any consultant who's failed to follow up with a hostess, or forgotten to mail the invitations, or didn't confirm the booking has invariably lost a show (or had a mostly unprofitable one). Therefore it's not the act of BOOKING the party that produces the income, but rather hostess coaching and follow up that produce the income.
Dozens of industry trainers will offer you host coaching programs. The best one I've ever seen - and use myself, is Deb Bixler's Create a Cash Flow Show - which virtually guarantees you'll have a $1,000 show every time you do a party. And yes, out of full disclosure, that's my affiliate link. It give me credit for referring you to her website. I only recommend products I use and love. Deb's is one of the best on the market in terms of content and delivery. Her no-nonsense, build it like a real business approach is in complete alignment with the way I run my business, and she's a trainer of integrity.
So booking is NOT an income producing activity, per se. Hostess Coaching is. And often, this is the area in which we suffer most.
Selling is quite obviously an IPA, since the result of selling is that you earn income. Whether you're doing custmer care follow-up, reorder calls, or the show itself, I think that IPA is fairly self-explanatory.
Recruiting can be an IPA, but you need to check your company rule book. In nearly all direct selling companies, no one is paid for recruiting someone, but rather, is paid when that recruit meets a performance goal - selling a certain amount, getting "qualified" or some other performance based measurement.
In fact, many companies have strict rules AGAINST compensating a person for adding recruits to their team to avoid being considered a "pyramid/ponzi scheme". Ponzi was notorious for paying people in the pyramid a portion of the recruiting fee and there was no real product to sell - which ultimately meant the pyramid would crumble when people stopped signing up. The DSA and the federal government have some pretty strict rules about this.
So recruiting in and of itself is not an income producing activity, rather the income is produced based on team performance. But how do you encourage consultants to perform? Coaching. Thus COACHING your team is the income producing activity.
So aside from the actual sales process, the bulk of your income is derived fom your coaching activities - either with your hostess or with your team.
But where are we told to spent the bulk of your time? Booking, Selling and Recruiting.
Don't get me wrong, these are important activities, but when it comes to the 80/20 rule, Booking and Recruiting (also known as prospecting) shouldn't take more than 20% of your business time (they likely take up 80% of your time now). The remaining 80% of your business time should be focused on actual Income Producing Activities: SELLING and COACHING your hostesss and teams.
Yet this is the very complaint I hear over and over again: I don't have the TIME. Thus the need to streamline, automate, delegate and eliminate activities that don't fall into the most productive parts of our business.
Freeing yourself to focus on IPA isn't an overnight task. It takes time, but is critical to the overall success of your business. Top Direct Sales Leaders don't try to do it all themselves. Neither should you. Begin today by looking at what you could delegate, or things you know you're not good at that you could have someone else handle for you.
Take time to develop the list. Eventually, put a plan in place to start delegating. You'll free up your time to focus on making more money, which will eventually turn into freeing up more time because you won't need to work so much!
==========
Want more help understanding IPA and how to apply it to your business? Use this form to Ask Lisa your questions for an upcoming free teleclass about Income Producing Activities for Direct Sellers. The only certified Direct Sales Marketing Coach in the WORLD, Lisa Robbin Young can help demystify the business side of running your direct sales business. Visit her free online community for direct sellers today.
Target Marketing in Direct Sales (Part Two)
(This article, second in a series, is also an open letter to Direct Sales Industry Trainers)
I was on a call the other day that just blew my mind. I wish I would say it was a one-time deal, but as I spend more and more time "behind the scenes" in the direct sales training industry, I get more and more disenchanted with the prevailing attitude of fear, competition, and territorialism.
I take pride in the fact that I'm pretty clear on who I want to work with in my business. And I am also proud of the fact that, despite what many are calling the worst economic meltdown in the last century, in less than six months, I've already made more money than I did in all of last year.
Yet, I look at many of the other trainers, coaches and speakers in the industry right now and they're "rolling back prices to 1994!" in an effort to drum up business and keep "market share" as the direct sales training industry starts fracturing with the onslaught of new faces in the crowd - myself being one of them.
In fact, a quick look at Alexa.com revealed that my own website with online marketing training for direct sellers was rising in popularity - even more popular than several of the more well-known direct sales trainers on the web - while theirs were declining. And while Alexa isn't the most reliable source for web statistics, it gives you a quick glance at the trends online.
One of the reasons I created the Direct Sales Super Summit was so that we could bring together the thought leaders in direct sales training and share best practices to help consultants and leaders (at all levels) to grow their businesses even in a poopy economy - without bending them over for their last thin dime to do it.
But after talking with countless trainers in the industry, I'm a little fed up with what I'm hearing.
The way they talk about clients and customers in closed door sessions turns my stomach. This is just part of how one conversation went:
In essence, they think you are stupid and cheap.
The first time I heard this, I thought, "Well, gee, maybe I DON'T want to work with you if your customers are like that. That's not my target market."
But in the past four months, I've heard that same song and dance time after time from countless industry trainers in one way or another.
That tells me we have an epidemic on our hands - either the direct sales community at large is a bunch of bumbling tightwads, or the trainers in our industry haven't figured out that the gravy train reached the end of the line a decade ago. They can't rest on their laurels anymore and rely on their reputation to keep the income flowing.
Companies are tightening their belts, paying less for keynote speakers at conferences and conventions. Does that mean the companies are a bunch of dense penny pinchers, too?
Now, if they had said to me "Lisa, your content just doesn't fit my target market." then, I probably wouldn't be writing this today.
If they had said, "Sorry, Lisa! My promotional calendar is full, and I can't squeeze you in right now." I wouldn't be fuming like this.
But they didn't. So I am.
Are my customers and clients more intelligent than the average direct seller? Maybe. As much as I'd like to think so, I won't begin to speculate.
My Alexa.com profile shows that more of my website visitors have college degrees, so maybe I do draw a more educated clientele - which is part of my target marketing in the first place. But I've said before that it's not the paper that makes the person, it's the person that makes the paper.
Are my clients and customers more extravagant than the average direct seller? Doubtful. I charge (and get) upwards of $300 for an hour of my coaching time. My upper level coaching clients pay thousands to work with me in a one-on-one capacity every month.
They are not multi-jillionaires, they are hard-working people that have invested in themselves and see the value in what I have to offer to help them grow their business. I offer specific, results oriented information that is tailored to their specific situation. They see value in that, and are willing to pay for it.
But you know what? I give away a lot of FREE information as well. At this time, I am the only certified direct sales marketing coach in the world - and I could probably charge big bucks because of it. But because my passion is in helping consultants become successful, I also have a free online community, with complimentary resources, including a training program that teaches target marketing for direct sellers - in addition to my weekly ezine that goes out to consultants around the world.
My clients are not cheap, nor are they stupid. I would be willing to bet that the average direct seller isn't cheap or stupid either.
In truth, I think the real problem lies with trainers that haven't taken the time to target market effectively. In the good old days, there were 3 or 4 trainers and they shared the national conferences and leader retreats amongst themselves. Those days are long gone. Now, there are more people with a story to share, and audiences want to hear fresh, new content, not regurgitated material they've heard twenty times before.
They're not cheap, they're looking for real value.
Heck yeah, if I can find it for free, why should I pay you for it? If I've already heard you give the same talk 15 times, why would I pay to go hear it again? Some messages bear repeating, but there's a law of diminishing returns that says after I've bought the CD, seen the seminar, and own the video, I don't need to buy it again.
What do you have to offer that they percieve as vauable? If you find your distinctive value, people will gladly open their wallets and shop with you - even in a poopy economy. I'm living proof of that.
Real value lies in how you share and what you do that's unique. There are countless trainers that teach booking, selling, and recruiting - that's why I train on marketing methods - including online marketing strategies. I'm the only certified direct sales marketing coach in the world at the moment. There's value in being the first or the only. Problem is, so many of today's trainers haven't continued to innovate - instead, they've let the world pass them by. Now, they're competing on price, instead of asserting their unique value in the marketplace.
They're no longer unique - they're a commodity - bought and sold almost entirely on price.
People want to be valued - and they all believe their situation is unique.
In the medical profession, specialists command a premium for their time and services. They are so good at what they do that people are willing to pay more because they know the specialist will deliver the promised results.
The days of the generalist in direct sales training are fast coming to an end. Trainers and speakers need to face it, get over it, and figure out what they're going to do to re-establish their expertise in the marketplace.
There are trainers who tout that they're an expert on everything - booking, selling, recruiting, leadership, organizational management, time management, and now social media. PLEASE.
You can't be everything to everyone, so stop trying. It's smarter to partner with specialists that KNOW the content exceptionally well - plus it makes you look like a hero with your customers.
I firmly believe that any company that doesn't do target marketing will not be successful in the long run. You must know, beyond a shadow of a doubt, who your perfect fit customer is, and how to attract them, or you will not reach them.
Maybe these trainers are content with the customers they serve. It didn't sound like it to me.
I'm VERY happy to be working with my clients and customers. They are NOT cheap or stupid.
And if they're smarter than the average direct seller, so much the better!
===========WANT TO USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE?
You may, so long as you do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is the founder of HomePartySolution.com, a free online community for direct sellers. Lisa is a certified direct sales marketing coach helping consultants and leaders use the Internet to grow their direct sales business like a real business instead of an expensive hobby. Register today for her free target marketing program for direct sellers at http://www.homepartysolution.com/
I was on a call the other day that just blew my mind. I wish I would say it was a one-time deal, but as I spend more and more time "behind the scenes" in the direct sales training industry, I get more and more disenchanted with the prevailing attitude of fear, competition, and territorialism.
I take pride in the fact that I'm pretty clear on who I want to work with in my business. And I am also proud of the fact that, despite what many are calling the worst economic meltdown in the last century, in less than six months, I've already made more money than I did in all of last year.
Yet, I look at many of the other trainers, coaches and speakers in the industry right now and they're "rolling back prices to 1994!" in an effort to drum up business and keep "market share" as the direct sales training industry starts fracturing with the onslaught of new faces in the crowd - myself being one of them.
In fact, a quick look at Alexa.com revealed that my own website with online marketing training for direct sellers was rising in popularity - even more popular than several of the more well-known direct sales trainers on the web - while theirs were declining. And while Alexa isn't the most reliable source for web statistics, it gives you a quick glance at the trends online.
One of the reasons I created the Direct Sales Super Summit was so that we could bring together the thought leaders in direct sales training and share best practices to help consultants and leaders (at all levels) to grow their businesses even in a poopy economy - without bending them over for their last thin dime to do it.
But after talking with countless trainers in the industry, I'm a little fed up with what I'm hearing.
The way they talk about clients and customers in closed door sessions turns my stomach. This is just part of how one conversation went:
They want it all for free!
The only people who are spending any money right now are leaders.
I don't think they'll get it. I mean, I get it, but I don't think they do.
They don't understand the business side of things, and there's no point trying to teach them. They aren't that smart to begin with.
In essence, they think you are stupid and cheap.
The first time I heard this, I thought, "Well, gee, maybe I DON'T want to work with you if your customers are like that. That's not my target market."
But in the past four months, I've heard that same song and dance time after time from countless industry trainers in one way or another.
That tells me we have an epidemic on our hands - either the direct sales community at large is a bunch of bumbling tightwads, or the trainers in our industry haven't figured out that the gravy train reached the end of the line a decade ago. They can't rest on their laurels anymore and rely on their reputation to keep the income flowing.
Companies are tightening their belts, paying less for keynote speakers at conferences and conventions. Does that mean the companies are a bunch of dense penny pinchers, too?
Now, if they had said to me "Lisa, your content just doesn't fit my target market." then, I probably wouldn't be writing this today.
If they had said, "Sorry, Lisa! My promotional calendar is full, and I can't squeeze you in right now." I wouldn't be fuming like this.
But they didn't. So I am.
Are my customers and clients more intelligent than the average direct seller? Maybe. As much as I'd like to think so, I won't begin to speculate.
My Alexa.com profile shows that more of my website visitors have college degrees, so maybe I do draw a more educated clientele - which is part of my target marketing in the first place. But I've said before that it's not the paper that makes the person, it's the person that makes the paper.
Are my clients and customers more extravagant than the average direct seller? Doubtful. I charge (and get) upwards of $300 for an hour of my coaching time. My upper level coaching clients pay thousands to work with me in a one-on-one capacity every month.
They are not multi-jillionaires, they are hard-working people that have invested in themselves and see the value in what I have to offer to help them grow their business. I offer specific, results oriented information that is tailored to their specific situation. They see value in that, and are willing to pay for it.
But you know what? I give away a lot of FREE information as well. At this time, I am the only certified direct sales marketing coach in the world - and I could probably charge big bucks because of it. But because my passion is in helping consultants become successful, I also have a free online community, with complimentary resources, including a training program that teaches target marketing for direct sellers - in addition to my weekly ezine that goes out to consultants around the world.
My clients are not cheap, nor are they stupid. I would be willing to bet that the average direct seller isn't cheap or stupid either.
In truth, I think the real problem lies with trainers that haven't taken the time to target market effectively. In the good old days, there were 3 or 4 trainers and they shared the national conferences and leader retreats amongst themselves. Those days are long gone. Now, there are more people with a story to share, and audiences want to hear fresh, new content, not regurgitated material they've heard twenty times before.
They're not cheap, they're looking for real value.
Heck yeah, if I can find it for free, why should I pay you for it? If I've already heard you give the same talk 15 times, why would I pay to go hear it again? Some messages bear repeating, but there's a law of diminishing returns that says after I've bought the CD, seen the seminar, and own the video, I don't need to buy it again.
What do you have to offer that they percieve as vauable? If you find your distinctive value, people will gladly open their wallets and shop with you - even in a poopy economy. I'm living proof of that.
Real value lies in how you share and what you do that's unique. There are countless trainers that teach booking, selling, and recruiting - that's why I train on marketing methods - including online marketing strategies. I'm the only certified direct sales marketing coach in the world at the moment. There's value in being the first or the only. Problem is, so many of today's trainers haven't continued to innovate - instead, they've let the world pass them by. Now, they're competing on price, instead of asserting their unique value in the marketplace.
They're no longer unique - they're a commodity - bought and sold almost entirely on price.
People want to be valued - and they all believe their situation is unique.
In the medical profession, specialists command a premium for their time and services. They are so good at what they do that people are willing to pay more because they know the specialist will deliver the promised results.
The days of the generalist in direct sales training are fast coming to an end. Trainers and speakers need to face it, get over it, and figure out what they're going to do to re-establish their expertise in the marketplace.
There are trainers who tout that they're an expert on everything - booking, selling, recruiting, leadership, organizational management, time management, and now social media. PLEASE.
You can't be everything to everyone, so stop trying. It's smarter to partner with specialists that KNOW the content exceptionally well - plus it makes you look like a hero with your customers.
I firmly believe that any company that doesn't do target marketing will not be successful in the long run. You must know, beyond a shadow of a doubt, who your perfect fit customer is, and how to attract them, or you will not reach them.
Maybe these trainers are content with the customers they serve. It didn't sound like it to me.
I'm VERY happy to be working with my clients and customers. They are NOT cheap or stupid.
And if they're smarter than the average direct seller, so much the better!
===========WANT TO USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE?
You may, so long as you do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is the founder of HomePartySolution.com, a free online community for direct sellers. Lisa is a certified direct sales marketing coach helping consultants and leaders use the Internet to grow their direct sales business like a real business instead of an expensive hobby. Register today for her free target marketing program for direct sellers at http://www.homepartysolution.com/
Target Marketing in Direct Sales (Part One)
(First in a series)
I previously posted a video on this very topic, and it seems the time has come for further discussion of target marketing as it relates to direct sellers.
Gone are the days when you could naievely suggest that a product "sells itself" or that your catalog has "somehing for everyone" inside.
Let's be realistic. Not everyone will buy your product, or attend your party. It's foolish to think so, and even more foolish to try to convince potential reprsentatives that direct sales is "easy money".
Direct sales is a lot easier than, say, digging ditches. It is NOT, however something for everyone.
One of the phrases I like to use is "Direct sales is something anyone CAN do, but not everyone will."
Likewise, there is also a target market for your particular product or service - including your compensation plan and hostess package.
The sooner we, as direct sellers, embrace that idea, the better.
It also goes withouth saying that the sooner direct sales companies relay this message to their field, the more profitable they will become.
Frankly, every direct sales company on the planet aleady has a target market in mind when they develop their products and services. They would be out of their minds if they didn't. For example, Mary Kay does NOT cater to hundreds of thousands of men in the world. Their market is very clearly a female market, with particular demographics to drill down even further.
Theirs is not a clientele that frequents Wal-Mart (on the whole). They have a target profile of customers, reps and leaders that they know will be best suited to their products and services.
How do I know? Look at the catalog.
Look at any catalog for that matter. Right there, within the pages, you'll see pictures denoting a certain kind of lifestyle, maybe even models depicting a certain age range for a particular product.
Every successful company in the world has a target market.
Why not you?
As direct sellers, we are told to talk to everyone - and you've heard me rail on this before. I'm even seeing more and more direct sales trainers and speakers hop on the "something for everyone" bandwagon in an effort to book more events on their calendar (I'll blog on this issue later in the week).
NOBODY - and I mean this - NOBODY has something for everyone. No one can be an expert at everything, and it's silly to even pretend you are in this age of specialities.
In fact, it's our specialities that make us unique and valuable in the world. Generalists find that they lose out to experts that have a very specific niche. I'm seeing it right now as I watch other direct sales trainers "losing market share" to less experienced trainers that have a strong, proven area of expertise.
Don't let yourself fall into this trap.
Get clear on who you love serving. As a coach, I make it clear that I only work with people that are serious about growing a profitable direct sales business - not an expensive hobby. I love the reaction, the interest and the level of commitment these men and women bring to the table. I never have to doubt if my client is going to do their homework, because I've weeded out the "tire kickers" in my business.
Who do you love serving? Sketch out a profile of your ideal customer. Get detailed. Perhaps you already work with an ideal client - perhaps your ideal is a blend of several people you work with. If you have no customers, begin idealizing and sketch out what you think/feel would be a perfect-fit customer for your business.
Then do the same thing for your perfect-fit recruits/team members.
A surprising thing will happen.
When you build it, they will come. It takes some effort (I'll talk more about this in a future article), but it does happen.
===========WANT TO USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE?
You may, so long as you do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is the founder of HomePartySolution.com, a free online community for direct sellers. Lisa is a certified direct sales marketing coach helping consultants and leaders use the Internet to grow their direct sales business like a real business instead of an expensive hobby. Register today for her free target marketing program for direct sellers at http://www.HomePartySolution.com
I previously posted a video on this very topic, and it seems the time has come for further discussion of target marketing as it relates to direct sellers.
Gone are the days when you could naievely suggest that a product "sells itself" or that your catalog has "somehing for everyone" inside.
Let's be realistic. Not everyone will buy your product, or attend your party. It's foolish to think so, and even more foolish to try to convince potential reprsentatives that direct sales is "easy money".
Direct sales is a lot easier than, say, digging ditches. It is NOT, however something for everyone.
One of the phrases I like to use is "Direct sales is something anyone CAN do, but not everyone will."
Likewise, there is also a target market for your particular product or service - including your compensation plan and hostess package.
The sooner we, as direct sellers, embrace that idea, the better.
It also goes withouth saying that the sooner direct sales companies relay this message to their field, the more profitable they will become.
Frankly, every direct sales company on the planet aleady has a target market in mind when they develop their products and services. They would be out of their minds if they didn't. For example, Mary Kay does NOT cater to hundreds of thousands of men in the world. Their market is very clearly a female market, with particular demographics to drill down even further.
Theirs is not a clientele that frequents Wal-Mart (on the whole). They have a target profile of customers, reps and leaders that they know will be best suited to their products and services.
How do I know? Look at the catalog.
Look at any catalog for that matter. Right there, within the pages, you'll see pictures denoting a certain kind of lifestyle, maybe even models depicting a certain age range for a particular product.
Every successful company in the world has a target market.
Why not you?
As direct sellers, we are told to talk to everyone - and you've heard me rail on this before. I'm even seeing more and more direct sales trainers and speakers hop on the "something for everyone" bandwagon in an effort to book more events on their calendar (I'll blog on this issue later in the week).
NOBODY - and I mean this - NOBODY has something for everyone. No one can be an expert at everything, and it's silly to even pretend you are in this age of specialities.
In fact, it's our specialities that make us unique and valuable in the world. Generalists find that they lose out to experts that have a very specific niche. I'm seeing it right now as I watch other direct sales trainers "losing market share" to less experienced trainers that have a strong, proven area of expertise.
Don't let yourself fall into this trap.
Get clear on who you love serving. As a coach, I make it clear that I only work with people that are serious about growing a profitable direct sales business - not an expensive hobby. I love the reaction, the interest and the level of commitment these men and women bring to the table. I never have to doubt if my client is going to do their homework, because I've weeded out the "tire kickers" in my business.
Who do you love serving? Sketch out a profile of your ideal customer. Get detailed. Perhaps you already work with an ideal client - perhaps your ideal is a blend of several people you work with. If you have no customers, begin idealizing and sketch out what you think/feel would be a perfect-fit customer for your business.
Then do the same thing for your perfect-fit recruits/team members.
A surprising thing will happen.
When you build it, they will come. It takes some effort (I'll talk more about this in a future article), but it does happen.
===========WANT TO USE THIS ARTICLE FOR FREE IN PRINT OR ONLINE?
You may, so long as you do not alter it and include the following information (with active links as appropriate):
Lisa Robbin Young is the founder of HomePartySolution.com, a free online community for direct sellers. Lisa is a certified direct sales marketing coach helping consultants and leaders use the Internet to grow their direct sales business like a real business instead of an expensive hobby. Register today for her free target marketing program for direct sellers at http://www.HomePartySolution.com
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