Category: Sales

  • Social rain, part 1

    Cold rainEver stop to think about rain and how it works? Probably not until you’re in a drought and wondering where the rain is.

    Here’s the short version: rain is water. It evaporates from the ground. The tiniest little drops of water in the air float around and by chance bump into each other. Every time they do, they get a little bigger, eventually forming clouds. At a certain point, the water has coalesced so much that it’s too heavy to remain floating in the air and it falls to the ground as a raindrop.

    In sales and marketing, we often talk about high performing salespeople as rainmakers, people who are exceptionally skilled at bringing in new business. They are the water droplet bumping into all the other droplets, bringing rain out of the sky. In the past, the bumping into other droplets part was exceptionally difficult, requiring a lot of cold calling, a lot of door to door and face to face time.

    The social web changes all of that. It’s never been a better time to be a rainmaker. You have the chance to bump into people all the time now in the social web. The air is literally swollen with droplets ready to become rain, and plenty that are still too small to fall out of the sky with a bump. For those that are ready, they just need that bump from you to fall out of the cloud. That means, however, you can’t be sitting on the ground, waiting for rain to fall on you by chance. You have to be out there in the cloud with the droplets to find them, bump into them, and bring them to the farms and fields that need the rain – your company.

    For those that are not ready, they will be eventually. They need to bump and grow more first, but if you forget about them, then when they’re ready, they’ll bump and fall to the ground with someone else.

    Want to make your business grow? Want more rain on your fields? Use the social web and the relationships you build to stay in touch with all the droplets you encounter. Stay present of mind by offering legitimate value to them consistently, and when they’ve grown enough and are just ready to fall out of the sky, you’ll be ready to bring them to your fields.

    In part 2, we’ll talk about what to do when there aren’t enough water droplets in the air that are ready to make rain. There’s a social answer for that as well.


    Did you enjoy this blog post? If so, please subscribe right now!

    Social rain, part 1 1 Social rain, part 1 2 Social rain, part 1 3

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • 5 old sales tricks made new again

    5 old sales tricks made new again

    Anyone ever take one of the old sales trainings from back in the day – Zig Ziglar, Tom Hopkins, etc.? There were tons of interesting tips and tricks for sales folks from a time when sales people had to work insanely hard with terrible tools (or no tools at all) and still make their numbers. No Salesforce.com or Zoho CRM to remind you who you forgot to call, no social media or SEO to bring prospects to your door, nothing but your leather binder, day planner, telephone, and a suit & tie.

    Some of the tricks from those old trainings can be modernized, though, and some can be brought back as huge differentiators in the digital world. Here’s a few:

    Financial Aid Podcast 2007 Year in Review1. Thank you cards. This is something Ziglar was absolutely punishing on. You had to send thank you cards. No surprise, in the age of electronic automation of everything, a handwritten thank you card to a closed sale makes a huge impression because it’s so out of the ordinary.

    2. Thinking about you. Want to know a really silly simple trick to stay top of mind with someone you’re trying to win over? Set up a Google alert for their top SEO term (check their web site, and if it looks like they have no SEO, take your best guess) and then when news articles and alerts pop up in Alerts, check them for quality and forward them. Back in the day, Hopkins would recommend taking the local newspaper and sending clippings to prospects. Google Alerts and Google Reader make that much, much simpler.

    3. Thinking about you part 2. “Remember that a person’s name is to that person the sweetest and most important sound in any language.” -Dale Carnegie. Monitor your best prospects and their company names and send them stuff about them as you can. There are actually paid services that do nothing but clip stuff out of papers and magazines and try to resell it to you at obscene prices, especially after you’ve won an award. “Wouldn’t you like a nicely framed version of your article?” crap. Do it yourself for your best prospects. If there’s someone you want to blow away, frame it yourself and send it over for free. For everyone else, send them at least an electronic “clipping”.

    4. Fedex to the door. Email gets filtered. Postal mail gets shredded. Shipped boxes tend to get delivered and opened in case there’s something important inside. Got someone (Fortune 500 CEO, etc.) that you absolutely positively have to reach? Pay the $10 or so to ship a letter, CD, DVD, etc. via Fedex. Obviously, you’d only do this for a shot at a huge deal, but what a shot it makes.

    5. Flip cam, iPhone cam, webcam. Back in the day, Hopkins would recommend trying to record yourself on the phone in a very awkward manner by holding a giant tape recorder (does anyone even remember those) up while you spoke so that you could listen to yourself on a call. These days, recording technology is incredible. Make use of it. Set up a little Flip cam, phone camera, whatever you’ve got that can record audio and video, then watch and listen to yourself on the phone. This is killer for public speakers too – don’t record just yourself! If budget and venue permit, record your audience and watch how they react. If you call using services and software like Skype, you can record both sides of the conversation (make sure you notify the person you’re talking to as it’s illegal to do so otherwise in some states).

    There’s no shortage of old ideas that can be made new again if you’re willing to do some creative thinking and apply them to the best practices of yesteryear for results today. As my teacher Mark Davis of the Boston Martial Arts Center says, “on ko chi shin” – study something old to learn something new.


    Did you enjoy this blog post? If so, please subscribe right now!

    5 old sales tricks made new again 4 5 old sales tricks made new again 5 5 old sales tricks made new again 6

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • How much too much is it?

    One of my absolute favorite sales closes is the how much too much close. It’s a recession. Times are tough, budgets are tight, resources are constrained. We get that. I’m sure you get that many, many times a day from everyone you talk to who’s a potential customer. The trick with objections over price is amortization of the price.

    Let’s say you’re a web designer. You make beautiful web designs that cost $1,500 and perform very well for your clients. You know that a client with a good internal sales process can make that back in weeks, if not days, with a design that converts visitors to qualified leads.

    One day, you’re pitching a potential new client. You’ve established your credibility and demonstrated that you’ve got the chops to do what they want to do. There’s no question that they believe you can handle the work, and there’s no question in your mind either. It’s a home run…

    Greg, what did you say?until the first thing out of their mouth at the proposal stage is a price objection. “It’s too expensive” or a variant of that phrase. Rather than cutting your prices immediately (which is the most common tactic for a rookie salesperson), get specific.

    Mr. Penn, how much too much is the design? Are we a dollar over your budget? Help me understand where you are.

    The object of this close is to get them to name a number: it’s 500 too expensive for me. It’s100 too expensive for me. Whatever the number is, that’s what you need to get out of them. Once you have the number, go to work. In this example, let’s say the site is $500 too expensive. You’d amortize that at a daily rate over a year (500/365=1.37), then you might say something like:

    Mr. Penn, I understand how you feel. We’ve agreed that a new web site design could do wonders for your business, haven’t we? We’ve agreed that if it brings in even 1 new customer a month, your business will grow beyond your current plans and expectations, right? Think of your web site as an employee who never sleeps, who never calls in sick, who is always working for you day and night.

    Mr. Penn, do you have 1.37 right now? Yes, on you at this moment. Mr. Penn, that’s how much a day too much you’ve said your new web site is. Tell me, Mr. Penn, is1.37 a day too much to pay for such an incredible employee?

    Then shut up and wait to see what they say.

    Is this close guaranteed to work? Of course not. No sales close ever is, despite the marketing materials of the sales trainers out there. But as a tactic to help you sniff out whether price is the true objection and how far off the mark your proposal is, the how much too much close is invaluable. For green sales staff and freelance consultants with no sales training at all (like many, many folks I’ve seen consulting in social media), this close saves you from the gut instinct of cutting your worth (price) right off the bat – a useful tactic that could save you and your company thousands or even millions of dollars over time.


    Did you enjoy this blog post? If so, please subscribe right now!

    How much too much is it? 7 How much too much is it? 8 How much too much is it? 9

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • The trouble with innovation

    Take a look at the Zapthrottle Mote Extractor!

    Zapthrottle Mote Extractor

    It’s amazing – it’s got the ability to transform any free state element into crystallized elements! Cloud of fog? No problem – the Zapthrottle Mote Extractor will convert it into incredibly handy Crystallized Air. Steam cloud? Crystallized Water and Crystallized Fire are just a button’s press away! Contact a local 305+ engineer to buy yours today!

    What do you mean you don’t want one?

    This is the greatest dilemma of innovation – when you’ve got something that is authentically new and innovative, you will have incredible difficulty helping people to understand even what it is, much less why they want one. Most of the things we call innovative are spins on existing things, and for good reason – it’s easier to sell someone on an idea they understand already.

    • Email was innovative for its delivery speed and cost, but the idea of sending a message to someone else in the written word was not new, and thus it was adopted with relative speed because everyone understood what it did.
    • A DSLR camera is exactly the same conceptual device as a film camera, minus the film part.
    • The iPad isn’t innovative at all, which is what makes it sell so well – it’s a very large iPod Touch, and anyone who has used the iPhone OS immediately understands and gets it.

    True innovation requires your brain to first comprehend what something is, figure out if it’s useful to you, and only then finally decide whether or not you’re going to purchase it.

    If you’re a marketer who is trying to market something that is legitimately innovative, this is one of the few times that I’ll strongly recommend a case study, or multiple case studies, so that you can get over the first two hurdles with a prospective customer as quickly as possible. Without those examples of how something innovative can be used, you’re leaving it up to the mind and imagination of the prospect to create value for themselves, and your sales will deeply suffer as a result.

    That said, if you can create something truly innovative and valuable, the landscape is yours for as long as you can hold onto it.


    Did you enjoy this blog post? If so, please subscribe right now!

    The trouble with innovation 10 The trouble with innovation 11 The trouble with innovation 12

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • iPhone 4 and iOS 4 for the sales and marketing nerd

    A few quick takeaways from the WWDC keynote address, in which Steve Jobs asks you to spend more of your money on Apple products.

    iPhone 4 and iOS 4 for the sales and marketing nerd 13
    Image courtesy of Engadget

    FaceTime video calls: very slick. The stealth winner in this is if you and your customer both have iPhone 4 units. Very few people are capable of screencasting, not because they lack the technology but just because it’s intimidating. Now imagine your customer service representatives being able to call a customer and if the customer has the capability, just tell them to turn on the video camera so that support can see what the customer sees. This won’t be a huge game-changer immediately as the iPhone 4 has zero market penetration, but start thinking down the road a few years when video calling is ubiquitous.

    FaceTime has some potential as a sales tool as well, though I’d foresee greater use for sales managers and their remote sales teams than for salesperson to customer communications. For doing demos of products, however, there’s potential if the customer simply can’t make an appointment in person – or a sales person is trapped on the road in some forsaken airport.

    iAds: another way to reach the consumer. I’d expect to see all App Store apps start running these ads very quickly as developers can find another way to monetize their work. Depending on how well Apple can segment audiences for applications, some verticals will be able to microtarget their audiences very quickly. Good stuff for advertisers and developers, but consumers are about to get a flood of more ads.

    iPhone 4 and iOS 4 for the sales and marketing nerd 14
    Image courtesy of Engadget

    iBooks and PDF support: This is the dark horse of the day. Native, simple built in PDF support with synchronization from desktop to mobile units and back, all free. You know all those sales and marketing eBooks you’ve been writing in PDF format? You know all that work you’ve put into them? Get ready to make greater use of that content. The super-stealth play here is in email marketing of PDFs. iBooks will seize a PDF from email and load it into your bookshelf for viewing, bookmarking, and synchronization without the end user having to do very much at all. With permission of your subscribers, you can now ship PDFs that will get stored in a bookshelf for iOS users.

    So what? For the mobile road warriors, especially in B2B, how many times have you been stuck in an airport/airplane/somewhere with limited signal and absolutely nothing to do? Now suppose you just jumped into your bookshelf on your iPhone or iPad to pass the time while waiting for the mass transit system of your choice to un-screw itself. What will be in your bookshelf? Probably a few books, probably some random manual… and someone’s sales or marketing eBook, if they did a good job of getting it to you. When the choices of reading are the ingredients on your airport meal or a marketing PDF, chances are you’ll take the marketing PDF.

    There’s a small gotcha for content creators: with the newer screen technologies, you can’t make crappy, sub-standard PDFs and expect no one to notice. Near-print quality screens on the new devices will show glaring imperfections, especially in graphics and photos, so be ready to recut your existing PDFs to a notch higher in quality.

    None of these features is completely revolutionary – Skype video and iChat video on the desktop have been around for years, PDF viewing capability has been on most of these devices via an app or two, and AdMob was doing mobile ads. The difference will be that these features will ship with the units themselves, requiring no additional user intervention – and thus drastically expanding their reach.

    What were some of your sales and marketing takeaways from the new iPhone 4 and iOS announcements?


    Did you enjoy this blog post? If so, please subscribe right now!

    iPhone 4 and iOS 4 for the sales and marketing nerd 15 iPhone 4 and iOS 4 for the sales and marketing nerd 16 iPhone 4 and iOS 4 for the sales and marketing nerd 17

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • How you sold me at triple price

    How you sold me at triple price

    SunsetI’ve been in the market for an arborist – a tree professional that can take care of some dead wood and pruning in my yard on some very old trees. I’m far more capable when it comes to pruning databases than I am dogwoods, so I solicited bids from local arborists.

    Three contractors came by the house and did their sales pitches. As with all things, I pay attention not just to the pitch content but how well trained the salesman is. Here’s what I got.

    Contractor #1: Came by the house, presented me with a very direct, upfront list of what he’d do. Prune here, trim there, cut down some saplings – all very efficient. He presented his credentials, demonstrated a certificate of insurance, and gave me a price quote with no hassle: $697.

    Contractor #2: Came by the house, apologized immediately and in advance for being a poor speaker and a poor salesman. Said he’s been working in landscaping for years, but just can’t speak well. He gave a brief overview of his services, what he’d do, and gave a $600 price quote which he said was firm no matter how much the scope of work changed. He made an additional point that no matter what other price we were quoted by competitors, he’d match or beat it.

    Contractor #3: Came by the house and asked what we wanted, what we were trying to achieve. Asked whether we were looking for more sunlight, hazard reduction, etc. Noticed and pointed out some spots of rot on two of our trees that other contractors had missed and said that while there wouldn’t be a big impact for at least 10 years, eventually the rot would cause trouble down the road. Went into the front yard, which we griped about because the town’s trees on the sidewalk are never trimmed. Contractor mentioned that the law about trees is abundantly clear: if it hangs over your property, you have the right to trim or prune it without asking permission even if the trunk is on someone else’s property. He did a great upsell to his day rate, unlimited trees for $1900, and then explained how the trees would look in 1, 5, 10, and 30 years. He also said his insurance company would send us the coverage policy and paperwork with the written quote, which he’s not allowed to touch due to the possibility of fraudulent insurance.

    If I were motivated solely by price, contractor #2 would have won easily. However, while price was definitely a factor, quality of work and expertise outweighed it. Contractor #3 won my business even at triple the price because he demonstrated expertise above and beyond just pruning trees – knowledge of the law and botany, expertise that indicates to me that he really knows what he’s doing.

    Why is this so powerful that it justifies such a premium price tag? Unlike commodity widgets or generic chewing gum, trees and landscaping are very long term projects. There’s no undo with a chainsaw – once you do the work, it’s done. I was unwilling to leave my yard – which I value greatly – to the lowest bidder because, as in many things in life, you get what you pay for. I’m ready, willing, and able to pay for expertise if you can demonstrate your mastery before asking for the sale.

    If your first instinct as a salesperson is to cut prices and focus only on the money, you will alienate the premium buyer who is willing to pay more in order to get more. Start with demonstrating service and expertise before the sale and you may make the sale without price ever becoming an objection.


    Did you enjoy this blog post? If so, please subscribe right now!

    How you sold me at triple price 18 How you sold me at triple price 19 How you sold me at triple price 20

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • How did I ever live without this?

    Ever heard someone say that? How did I ever live without this? How did I ever do business without this? How did I ever make money without this? I’ve heard parents say that they never planned to have children, but now they couldn’t imagine their lives without them. I’ve heard people speak of products, of locations, of other people, of virtually everything and anything in the “how did life work without this” phrase.

    So why, when we’re facing new possibilities, do we so routinely and firmly cringe from them? I just saw in my Google Buzz feed someone saying that they’re still on the fence about using a salesforce automation tool. My experiences with CRMs and SFAs has been that if you have a good implementation of one, you’ll wonder how you ever did business without one. Why do we hesitate?

    We hesitate because of pain. The perceived pain of change, of doing something new, of trying something new, is usually much greater than the perceived pain of staying as is, of keeping the status quo. I’m as guilty of this as anyone else. It’s buyer’s remorse up front, when you fear regretting the change before you even have a chance to pull the trigger, or when you only dip your toe into the water half heartedly to make a show of trying it out without actually jumping in.

    So how do you make the change? How do you make the jump? How do you push yourself over the line?

    You sell yourself the change.

    Go and learn this pile of closing techniques that powerful, effective salesmen and saleswomen have been practicing on you for decades. Learn them, become minimally proficient at them, and then figure out how to sell yourself on the change you want to make.

    For example, let’s say you want to lose some weight and you’re a fairly rational person most of the time (as opposed to an emotion-driven person). Grab a sheet of paper, draw a line down the middle, and then list all of the benefits you’d get out of losing weight (healthier body, longer life, more energy, etc.) and list all of the reasons not to change (less work, less to manage). Compare the two and decide which looks more appealing, which has the stronger sell. Chances are with something like improving your health or weight loss, the self-sell will help motivate you. This, by the way, is a Ben Franklin close.

    Look at how you self-sell already. The testimonial close that salesmen use to persuade you (see all of our other satisfied customers?) is one of the most powerful self-sells now in social media. You’re executing a self-sell testimonial close every time you hit a review site on a product or service, or read a blog post about someone else’s experience that you want.

    You self-sell with an opportunity cost close every time you upgrade a piece of gear in World of Warcraft, justifying that the stats on an improved item, no matter how small the improvement actually is, is worth the opportunity cost of slogging through another Violet Hold in quest blue gear.

    You self-sell all the time with a minor points close every time you fire up Twitter and say you’re really only going to just check really quick to see if anything interesting is happening, but only just for a minute.

    We know these sales techniques work. They’re proven, they’re designed to manipulate minds and take advantage of blind spots in our human brains, in our emotional and rational makeups. Sales companies have been forcing crap into our homes and bodies since the day we were old enough to understand language…

    … so why not take what we know works about manipulating other people and use the techniques to manipulate ourselves towards the outcomes in life we really want?

    If you learn these sales techniques, you’ll find that you can sell yourself damn near anything. If you’re one of those folks who knows you have to make a change but you just can’t seem to ever get the momentum you need, learn the techniques and sell it to yourself. Sell it to yourself powerfully, and sell it to yourself often. It might be losing weight, going back to school to finish a degree, starting the martial arts, whatever.

    Make up your mind and sell to yourself, because if you don’t, someone else will. When you’re done, you too will be saying, how did I ever live without this?


    Did you enjoy this blog post? If so, please subscribe right now!

    How did I ever live without this? 21 How did I ever live without this? 22 How did I ever live without this? 23

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • Friday fun: what's on my iPod for productivity

    It’s Friday. Let’s have a little bit of fun. One of the things that makes me productive during the workday? The right audio. Sometimes the audio is training, most of the time it’s good tunes. Here’s some of what’s on my iPod while the day is flying by. You’ll notice that for the most part, I avoid anything with words in it – instrumental rules the day for cognitive psychology reasons. Few people can effectively process more than one language stream at a time, so listening to words in a song can conflict with trying to write words on the page. Hence, most of the music is instrumental.

    Full disclosure: Of course everything is affiliate-linked for commissions. Did you expect otherwise?

    Music to work by

    The Epic Score folks have some of the best music in iTunes for coding, drafting, and writing. If you need to boost your own sense of urgency, Action & Adventure is the recipe for you. If you need dramatic copy, Epic Drama fits the bill.

    Friday fun: what's on my iPod for productivity 24
    Epic Score - Epic Action & Adventure Vol. 4 - ES011

    Friday fun: what's on my iPod for productivity 25
    Epic Score - Epic Drama Vol. 1 Intros & Underscores - ES013

    If you’re a Blizzard fan (i.e. Warcraft player) one of the best albums to get, hands down, is the Echoes of War symphonic set. Echoes of War are all the familiar Starcraft, Warcraft, and Diablo themes you know and love, arranged and performed by a full symphony orchestra.

    Friday fun: what's on my iPod for productivity 26
    Volume 1: Eminence Symphony Orchestra - Echoes of War: The Music of Blizzard Entertainment, Vol. 1

    Friday fun: what's on my iPod for productivity 26
    Volume 2: Eminence Symphony Orchestra - Echoes of War: The Music of Blizzard Entertainment, Vol. 2

    The soundtrack to Wrath of the Lich King is pretty good by itself, btw.

    Friday fun: what's on my iPod for productivity 28
    Derek Duke, Glenn Stafford & Russell Brower - World of Warcraft: Wrath of the Lich King (Original Game Soundtrack)

    Looking for something a little slower paced and different? The Tibetan Master Chants album with Lama Tashi puts karmically useful sounds in your head, as various sutras and mantras are chanted. If you like that chanting kind of background ambience, this will deliver.

    Lama Tashi - Tibetian Master Chants

    Finally, if you need a hefty dose of heroism, John Ottman’s Superman Returns delivers.

    Friday fun: what's on my iPod for productivity 29
    John Ottman - Superman Returns

    Brain Food

    If you’re in any kind of organization that sells something, I consider Tom Hopkins training to be Sales 101. Yeah, some of it comes across as cheesy, but for a novice salesperson who needs any kind of framework to start being minimally effective, Hopkins’ system is as good as any. Way back in the day when I was a technical recruiter, my firm sent me to his Boot Camp at the price of 3,750. Nowadays, you can get pretty much the same content for18. Listen and learn.

    Friday fun: what's on my iPod for productivity 30
    Selling In Tough Times: Secrets to Selling When No One Is Buying (Unabridged)

    If you’re trying to wrap your head around new media and social media still, there are very, very few books as good as Mitch Joel’s Six Pixels of Separation. He narrates his own audiobook (which I view favorably – I’d rather hear the author unless they have a terribad voice) and it’s worth it if you don’t have the time to read the book.

    Friday fun: what's on my iPod for productivity 31
    Six Pixels of Separation: Everyone Is Connected. Connect Your Business to Everyone (Unabridged)

    Gear

    There isn’t a day when I don’t use my Bose headphones. They’re awesome for travel, sure, especially on noisy airplanes, but they’re also awesome in the office for filtering out all the background crap that is subtly taking a toll on your brain via your ears. Air conditioning, fax machines, noisy coworkers and hallway conversations, laptop fans, all that ambient noise – it takes its toll. Using these headphones rocks, plain and simple. They’ll cost you an arm and a leg but if you do any kind of work that pays you more for more productivity (via bonuses, commissions, etc.) then these headphones will pay for themselves easily and quickly.

    headphones

    Hopefully this set of resources will help you squeeze more juice from your day too!


    Did you enjoy this blog post? If so, please subscribe right now!

    Friday fun: what's on my iPod for productivity 32 Friday fun: what's on my iPod for productivity 33 Friday fun: what's on my iPod for productivity 34

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • Three Nearly Guaranteed Moneymaking Twitter Words

    Ever notice the giant pile of social media “experts” who don’t have two nickels to rub together? Ever wonder why?

    They spend a hell of a lot more time talking than listening.

    They labor under the mistaken belief that the more you talk, the more money you’ll make as a social media expert, and I suppose as long as you’re good at duping the gullible, that’s true until the market is tapped out. Once the suckers have been skimmed, though, they have to move on to find the next big thing to latch onto. (just wait for the Google Buzz experts!)

    For the rest of us, for the folks who actually want to do a sustainable business in social media, the secret is listening. Not a big secret in and of itself, but the bigger, less-asked question is “What do you listen for?

    A lot of companies are doing defensive listening. They listen for things like “XYZ Company SUCKS” and other brand mentions. This is a good start, a good entry point for retention and reputation protection. However, this is only a start.

    The second tier of folks, the community engagement folks, listen for things like industry jargon. In financial aid, for example, the word FAFSA is a buzzword of the industry. No one goes to a bar on Friday night and chats up the attractive person of their choice with, “Hey, have you seen my FAFSA results?”. That never happens. Community engagers build reputation and presence of mind by participating in conversations, honing in on the right conversations to participate in using the buzzwords and inside jargon of the industry.

    The third tier of folks, the folks who want to do business and make money in social media listen for intent.

    Sound familiar? That’s what made search marketing so revolutionary a decade ago. Search was a red flag of intent – when someone searches for, say, email marketing, they’re exhibiting at least a casual interest in the subject matter. Focused, targeted questions asked to search engines belie even more intent. Searching for email marketing is one thing. Searching for “what is the best email marketing company in Reno, Nevada” displays clear intent, and search marketers have learned to make the most of these long-tail, deep, obscure queries. (they convert like crazy, too)

    So how do you detect intent in social media? Let’s use Twitter as an example. What questions belie intent? Think about your own use of language and then start playing mix and match with these keywords:

    • recommend
    • suggest
    • anyone
    • [your keyword]

    Try it. Try it in Twitter search with your industry keywords and vertical.

    Look at a couple of results for “anyone recommend social media”:

    • ianrbruce: anyone recommend a good book on social media metrics & measurement?
    • splashrafting: anyone recommend free social media measuring tools? Looking at some at present need to start to use more
    • hellaPR: Can anyone recommend any good cases or articles on hotels using social media, on a large scale preferably.

    Each of these are home runs for a book publisher, a listening company like Radian6, and a socially-engaged hospitality chain. It would take mere seconds to respond and likely convert better than any cold call.

    How do you listen? Take your top SEO keyword list (you have one, right?) and combine your top keywords with recommend, suggest, and anyone in various combinations. You’ll be amazed at the number of people blatantly flagging intent to buy your products or services, if only someone were listening.


    Did you enjoy this blog post? If so, please subscribe right now!

    Three Nearly Guaranteed Moneymaking Twitter Words 35 Three Nearly Guaranteed Moneymaking Twitter Words 36 Three Nearly Guaranteed Moneymaking Twitter Words 37

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

  • The 3 Benefits We Care About

    Tony Corinda, the famous magician and mentalist, wrote in his classic textbook 13 Steps to Mentalism that there are three general topics which nearly everyone wants psychic predictions on. Knowing these makes the job of a mentalist on stage incredibly easy, as just providing the hook into any of the topics gets people talking about what they really want.

    The three things most people care about and want to know more about?

    • Love/Relationships/Sex
    • Health
    • Money

    You could have probably guessed that right off the bat. To no one’s surprise, business is no different. Decision-makers in business – including you, if for no other role than decision-maker of your career – want three general things, too.

    • How can I save more money?
    • How can I save more time?
    • How can I make more money?

    Again, no surprise, right?

    So why is it that legions of salesmen and saleswomen never actually answer these questions? Take a look at any product spec sheet, from industrial toilets to iPhone apps, and you’ll see features listed by the dozen. This toilet uses 1.4 gallons per flush. This iPhone app can switch between 3G and WiFi seamlessly. This CRM offers RDBMS support for 8 of the most modern RDBMS systems.

    So what?

    When I talk to vendors, I’m exceptionally blunt. Some appreciate it, some get derailed from their carefully crafted pitch. How will your product save me money? How will your product save me time? How will your product make me more money? If a vendor can answer those questions quickly and intelligently, I’m very likely to just pull the trigger right then and there, as long as their math is sound. If a vendor tries to defer those three questions until later so they can finish their pitch, the phone gets hung up with a polite but curt “not interested but thanks”.

    Classic sales books and training materials always advocate answering “What’s in it for me?” as the key question to answer in a sales presentation. Throw those books out, or at least put them back on the shelf. If you can prove a strong case for any one of the three questions – time, money saved, money earned – you’ve answered a core WIIFM question. If you can prove a strong case for more than one of the three questions, prospects will be buying YOU lunch. If you can prove a strong case for all three questions, you can pretty much retire your sales department and just replace them with order takers, because word of mouth alone will be flooding your call center.

    Take a look at your own sales and marketing materials today.

    Will you save me time?

    Will you save me money?

    Will you make me more money?

    Prove it, and I’m yours.


    Did you enjoy this blog post? If so, please subscribe right now!

    The 3 Benefits We Care About 38 The 3 Benefits We Care About 39 The 3 Benefits We Care About 40

    Get this and other great articles from the source at www.ChristopherSPenn.com! Want to take your conference or event to the next level? Book me to speak and get the same quality information on stage as you do on this blog.

Pin It on Pinterest