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Suggest You - Power Words That Differentiate You and Increase Sales 2-3 Times
Reasons to Fire Your Mutual Fund Company - Alphabet Soup of Sales ChargesIf most people can not easily explain how they are getting charged for services, you can almost always bank on a rip-off in your midst. Such is the case with many mutual funds and their "fund classes". Just like when a corporation offers up shenanigans like "super-voting" shares, grab your wallet.Get this. The same organization with the same portfolio and same manager can have "A" class, "B" class, and "C" class shares. In some extreme cases they can also have "D", "E", "Z", and more, but these are rare and we will not go into them here."A" shares generally refer to the shares that have a front end "load" or sales charge. This is normally in the 3-5 percent range. This means that 3-5 percent of your investment comes off the top before it is even invested. Your $100k investm bad if you don’t have the answer, most don’t at first. And this one thing will make you not only stand out in that crowd on the street corner, but will turn your business into the most success you have seen since starting it. For your first pass, define
1) average results (I force my clients to answer this even when it seems hard, just take your best shot at it and write it down)2) Minimum result (what is the lowest result you have ever delivered) 3) Maximum result (what is the absolute best result you have ever delivered) Once you have some definitions of what we’ve measured, and how (average, minimum, maximum), now I want you to think how you would define this to a prospect: Examples:- Average might sound like, “My typical client doubles his business in 3-4 weeks”.
- Minimum result might be stated, “I will guarantee that you will at least …..,” or “Every client has at least….”
- Maximum result might be, “I have had clients that …..[have grown their business 10 times in weeks]”
It has to be factual and it has Build Your Small Business by Building Relationships-- The One Pager Shortcut Series --People do business with people that they know and trust. As a solo entrepreneur, your goals will be to make yourself known to your target market and then elevate the relationship to the trust level. This process of building relationships can take many forms. Take a few minutes to review what is working for you in this area. Then consider these ideas to add to your relationship building toolkit.30 Second IntroductionHave you upgraded your 30 second introduction lately? If you haven’t revised it in the past year chances are the impact may be stale. A new introduction can spark your own energy which will show when you introduce yourself. Consider the use of powerful action words such as create, design, compose, organize, I suppose I’m like every other business owner out there that has looked for the Power Words that will deliver the Holy Grail. When you find them you will know because your sales will leap forward. I found them, but it wasn’t where I had been looking.I had looked through lists upon lists of supposed “Power Words” in sales books, e-books, online articles, etc. What I found was that it wasn’t something out there, it was inside of me. I had just been using the words I already had wrong. Most of us have been saying things like: Either I am, or my product is the BEST, the BIGGEST, the BADDEST, all comparing myself to others, but not truly defining what the BEST is. That leaves it up to the prospect to come to his own conclusion what your value truly is. People buy based on your perceived value, so allowing them to come to their own conclusion as to that value is to broad, too vague, will be different for everyone that hears you say it, and just isn’t a clear picture of your true value. Let’s start down a path of discovering your true value that you will use to define that to your customers from here on. I’d like for you to take out a piece of paper and write 4 column heads across the top of the paper. From left to right: - Product/Service
- Benefits/Results of my product
- Why buy it from me (benefits/results I offer)
- Measurable results (for both product and me)
Consider this an ongoing worksheet and exercise that will continually change over time. It is a thought process, so don’t shoot for absolute perfection on the first pass. I want you to start thinking in a new way. It will get better once it has started you thinking in a new direction. Why are we doing this? Most of us have been selling a product/service. We should stop selling and talking about the product/service and start talking about the benefit and results that the product brings. Product/Service Under the Product/Service column list ALL of your products and/or services Benefits/Results of my product For each product/service list its benefits right beside it in the column to the right. Make sure that you list the benefit as a result that the customer will receive. Do not list an activity that you do for the client, list ONLY results. This is the reason people buy your product, the results they get from it. Why buy it from me Once someone has decided to buy your product, then they start looking for Who is the best one to buy it from. So, this is another benefit/results column, but it is for YOU. List the benefits/results that you bring. Assume that there is someone just like you on every street corner selling that same product. This column differentiates you from everyone else selling that same product. Why buy it from you? Measurable results This last column is where the real differentiation will occur. I want you to take the benefits of the product, and the benefits of buying it from you and turn those into a measurable result. I’m going to use another business coach’s example for this.
Product -- business Coach
Benefits -- Increase business
Selling “the benefits” of the product instead of “the product” is certainly a positive step, however, “increase business” doesn’t define the value to a customer. A prospect has no idea what this means to him. He may certainly be in pain and wants more business, but there is no definition of the true value. The same is true of “Why me.” By going to the last column and making “increase business” a measurable result we can turn that into a really powerful, grabber statement. Define a measurable result for both the product, and for what differentiates you. Many times I hear, “I can’t measure it,” “my results are all over the place, so how do I define this.” If you don’t know your results then how can you define your value to your client? And, if you don’t know your results how in the world can you deliver them to a client? How do you know when you have achieved success if there isn’t a measurable level that says….”Success! I’m here.” Believe me, this is one of the most critical questions you may have about your business. Don’t feel bad if you don’t have the answer, most don’t at first. And this one thing will make you not only stand out in that crowd on the street corner, but will turn your business into the most success you have seen since starting it. For your first pass, define
1) average results (I force my clients to answer this even when it seems hard, just take your best shot at it and write it down)2) Minimum result (what is the lowest result you have ever delivered) 3) Maximum result (what is the absolute best result you have ever delivered) Once you have some definitions of what we’ve measured, and how (average, minimum, maximum), now I want you to think how you would define this to a prospect: Examples:- Average might sound like, “My typical client doubles his business in 3-4 weeks”.
- Minimum result might be stated, “I will guarantee that you will at least …..,” or “Every client has at least….”
- Maximum result might be, “I have had clients that …..[have grown their business 10 times in weeks]”
It has to be factual and it has t Praying Passenger Removed from PlaneAlthough many people are known to pray before a flight, prayer by a Hasidic Jew resulted in his removal from a recent Air Canada Jazz flight from Montreal, Quebec, Canada, to Newark, New Jersey, USA.According to press reports, the man was reading from a prayer book and rocking back and forth in his seat. A flight attendant approached the man to tell him that his prayer was bothering other passengers. The man did not speak either English or French so he did not understand them. The plane aborted its takeoff and returned to the terminal where the man was removed from the plane. Air Canada Jazz allowed him to take another flight 90 minutes later.A passenger seated nearby, Yves Faguy, said that the man’s action didn't seem to bother anyone prior to the man being approached at you will use to define that to your customers from here on.I’d like for you to take out a piece of paper and write 4 column heads across the top of the paper. From left to right: - Product/Service
- Benefits/Results of my product
- Why buy it from me (benefits/results I offer)
- Measurable results (for both product and me)
Consider this an ongoing worksheet and exercise that will continually change over time. It is a thought process, so don’t shoot for absolute perfection on the first pass. I want you to start thinking in a new way. It will get better once it has started you thinking in a new direction. Why are we doing this? Most of us have been selling a product/service. We should stop selling and talking about the product/service and start talking about the benefit and results that the product brings. Product/Service Under the Product/Service column list ALL of your products and/or services Benefits/Results of my product For each product/service list its benefits right beside it in the column to the right. Make sure that you list the benefit as a result that the customer will receive. Do not list an activity that you do for the client, list ONLY results. This is the reason people buy your product, the results they get from it. Why buy it from me Once someone has decided to buy your product, then they start looking for Who is the best one to buy it from. So, this is another benefit/results column, but it is for YOU. List the benefits/results that you bring. Assume that there is someone just like you on every street corner selling that same product. This column differentiates you from everyone else selling that same product. Why buy it from you? Measurable results This last column is where the real differentiation will occur. I want you to take the benefits of the product, and the benefits of buying it from you and turn those into a measurable result. I’m going to use another business coach’s example for this.
Product -- business Coach
Benefits -- Increase business
Selling “the benefits” of the product instead of “the product” is certainly a positive step, however, “increase business” doesn’t define the value to a customer. A prospect has no idea what this means to him. He may certainly be in pain and wants more business, but there is no definition of the true value. The same is true of “Why me.” By going to the last column and making “increase business” a measurable result we can turn that into a really powerful, grabber statement. Define a measurable result for both the product, and for what differentiates you. Many times I hear, “I can’t measure it,” “my results are all over the place, so how do I define this.” If you don’t know your results then how can you define your value to your client? And, if you don’t know your results how in the world can you deliver them to a client? How do you know when you have achieved success if there isn’t a measurable level that says….”Success! I’m here.” Believe me, this is one of the most critical questions you may have about your business. Don’t feel bad if you don’t have the answer, most don’t at first. And this one thing will make you not only stand out in that crowd on the street corner, but will turn your business into the most success you have seen since starting it. For your first pass, define
1) average results (I force my clients to answer this even when it seems hard, just take your best shot at it and write it down)2) Minimum result (what is the lowest result you have ever delivered) 3) Maximum result (what is the absolute best result you have ever delivered) Once you have some definitions of what we’ve measured, and how (average, minimum, maximum), now I want you to think how you would define this to a prospect: Why buy it from me Once someone has decided to buy your product, then they start looking for Who is the best one to buy it from. So, this is another benefit/results column, but it is for YOU. List the benefits/results that you bring. Assume that there is someone just like you on every street corner selling that same product. This column differentiates you from everyone else selling that same product. Why buy it from you? Measurable results This last column is where the real differentiation will occur. I want you to take the benefits of the product, and the benefits of buying it from you and turn those into a measurable result. I’m going to use another business coach’s example for this.
Product -- business Coach
Benefits -- Increase business
Selling “the benefits” of the product instead of “the product” is certainly a positive step, however, “increase business” doesn’t define the value to a customer. A prospect has no idea what this means to him. He may certainly be in pain and wants more business, but there is no definition of the true value. The same is true of “Why me.” By going to the last column and making “increase business” a measurable result we can turn that into a really powerful, grabber statement. Define a measurable result for both the product, and for what differentiates you. Many times I hear, “I can’t measure it,” “my results are all over the place, so how do I define this.” If you don’t know your results then how can you define your value to your client? And, if you don’t know your results how in the world can you deliver them to a client? How do you know when you have achieved success if there isn’t a measurable level that says….”Success! I’m here.” Believe me, this is one of the most critical questions you may have about your business. Don’t feel bad if you don’t have the answer, most don’t at first. And this one thing will make you not only stand out in that crowd on the street corner, but will turn your business into the most success you have seen since starting it. For your first pass, define
1) average results (I force my clients to answer this even when it seems hard, just take your best shot at it and write it down)2) Minimum result (what is the lowest result you have ever delivered) 3) Maximum result (what is the absolute best result you have ever delivered) Once you have some definitions of what we’ve measured, and how (average, minimum, maximum), now I want you to think how you would define this to a prospect: Selling “the benefits” of the product instead of “the product” is certainly a positive step, however, “increase business” doesn’t define the value to a customer. A prospect has no idea what this means to him. He may certainly be in pain and wants more business, but there is no definition of the true value. The same is true of “Why me.” By going to the last column and making “increase business” a measurable result we can turn that into a really powerful, grabber statement. Define a measurable result for both the product, and for what differentiates you. Many times I hear, “I can’t measure it,” “my results are all over the place, so how do I define this.” If you don’t know your results then how can you define your value to your client? And, if you don’t know your results how in the world can you deliver them to a client? How do you know when you have achieved success if there isn’t a measurable level that says….”Success! I’m here.” Believe me, this is one of the most critical questions you may have about your business. Don’t feel bad if you don’t have the answer, most don’t at first. And this one thing will make you not only stand out in that crowd on the street corner, but will turn your business into the most success you have seen since starting it. For your first pass, define
1) average results (I force my clients to answer this even when it seems hard, just take your best shot at it and write it down)2) Minimum result (what is the lowest result you have ever delivered) 3) Maximum result (what is the absolute best result you have ever delivered) Once you have some definitions of what we’ve measured, and how (average, minimum, maximum), now I want you to think how you would define this to a prospect: Examples:- Average might sound like, “My typical client doubles his business in 3-4 weeks”.
- Minimum result might be stated, “I will guarantee that you will at least …..,” or “Every client has at least….”
- Maximum result might be, “I have had clients that …..[have grown their business 10 times in weeks]”
It has to be factual and it has Generating Quick Cash Online Through Affiliate MarketingEvery day, hundreds of thousands of people stay at home and enjoy life. At the end of the day, they log in to see how much money they made that day, yawn, stretch, and then go to bed.The next day, they do the same thing. Wake up, enjoy life, and earn a full income without lifting a finger.People are doing this all the time. Then there is the rest of the world, those who want to make money online, but don't know where to start or are afraid of the costs and/or time involved.As an internet marketer who specializes in helping people to begin working from home, the most common question that I'm asked is, "Where do I start?" The internet is a vast ocean, and many people get lost while trying to swim towards financial freedom.There are many ways to make money online bad if you don’t have the answer, most don’t at first. And this one thing will make you not only stand out in that crowd on the street corner, but will turn your business into the most success you have seen since starting it.For your first pass, define
1) average results (I force my clients to answer this even when it seems hard, just take your best shot at it and write it down)2) Minimum result (what is the lowest result you have ever delivered) 3) Maximum result (what is the absolute best result you have ever delivered) Once you have some definitions of what we’ve measured, and how (average, minimum, maximum), now I want you to think how you would define this to a prospect: What this does is establish a clear picture of your value to a client. It changes “growing a business” into “doubling a business in weeks,” or “$100K increase.” In either case, it is putting a measurable value into the prospects field of vision. It turns a vague benefit into dollar signs the prospect can clearly understand. It differentiates you so much that you will be standing out in a crowd of others that do what you do...but they aren't doing this. It’s almost like looking into the prospects eyes and seeing the dollars signs flashing buy like it does on the gas pump as we stand there. Use these measurable results in your marketing material, use them in your networking elevator speech, use them on your website and watch your results go through the roof. I’ve seen it happen over and over.
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