Posts Tagged new clients
What Holds Us Back From Business Success?
Posted by Mark Satterfield in marketing strategy, more clients, sales prospecting, sales tips on January 18th, 2010
We all start our businesses with great dreams. Owning your own business is an opportunity to achieve a level of success that most of us will never realize in the corporate world. Why then is success so elusive?
Without a doubt there is a huge gap between dreaming about success and actually achieving it. What holds back so many small business owners and entrepreneurs? There are certainly many factors but one of the main culprits is business development.
Put simply, many new business owners, especially those in services businesses, greatly underestimate how difficult it is to attract consistent streams of new clients. This comes as a surprise to many entrepreneurs, especially when their business model only requires that they add two or three new clients each year. Intellectually we think to ourselves that this can’t possible be all that difficult.
What makes this deceptive is that getting our first few clients is usually fairly easy. If we’ve done anything close to a reasonably good job of developing a network of clients, a few of them will throw some work our way.
However what most fledgling consultants and advisors fail to realize is that their network doesn’t have an infinite amount of business to give them. After the first rush of activity it’s likely that you’ve received most of the business you will get. Returning to to this group in 6 months is likely not to yield much more gold. The reality is that you can very quickly lap the track if you are not bringing new people into your circle of relationships. This is where things often start to fall apart.
Which is why systems become so important. Systems for getting new people to raise their hands and express interest in who you are and what you do, and systems for building trust and credibility through regular contact.
Without such systems, small and solo services providers are almost always doomed to failure. The initial clients go away, pleased with the work you’ve done, but unable to offer you more. This puts you back at the starting gate. From this proverbial square one, you must once again start the process of trying to get that next piece of business. Since the cultivation time for developing prospects into clients is often considerable, the repeated cycles of feast or famine become inevitable.
Although it’s not particularly difficult to set up a system that will alleviate this problem, so few business owners do. Which raises the question of, why?
It’s my belief that many people think that it is too complicated and too much hard work. I find that ironic that these same people are willing to work extremely hard servicing their clients, but are unwilling to do so on their own behalf.
What do you think?
A Final Gentle Rain Video For You In 2009
Posted by Mark Satterfield in marketing strategy, more clients on December 21st, 2009
As we wind down 2009 and set our sites on 2010, here are some thoughts that may be of help.
Gentle Rain December 2009 from Mark Satterfield on Vimeo.
Wishing you many best wishes for a happy, safe and healthy holiday season and for much success and prosperity in 2010 and beyond.
Thanks for being a subscriber to my Gentle Rain Marketing Newsletter.
The Best Advice I Got On Writing Sales Copy
Posted by Mark Satterfield in Direct Mail, Free Sales Letter, Sales Cover Letter, Sales Letter Template, email advertising marketing, marketing letters, sales letters, sales prospecting on September 7th, 2009
I’ll admit I sometimes have a bit of a snarky streak to me. Different things bring it out. Last week I did a favor for a friend and spoke to a bunch of business owners about website copy and sales letters. I shared with them the advice I’m about to share with you.
At the end of the talk a lot of of them came up to me, and in that uniquely Southern condescending/pious manner (that just makes you want to slap someone) said, “It was nice to have you provide that nice little refresher for us.”
Here’s where the snarky comes in. I decided to look at each of their websites (I even grabbed their sales brochures on the way out). Thought I’d see how they were incorporating “my nice little refresher”. And guess what I found.
Copy that was just basically a bunch of crap. I’m sorry but there’s just not a polite way to put it. Anyway, here’s the advice I gave the group…perhaps you’ll find it more useful than the dweebs I spoke to.
>>>>
If you want to write sales letters or website copy that will actually get read and motivate people to take action, here’s an often overlooked step.
I know this is just my option, but I’m a believer the far too much time and effort is spent on writing and far too little is devoted to identifying the facts about your product or service. For example, the more that you develop a detailed list of facts and their corresponding benefits, before you sit down and write, the better the final result will be.
But hardly anyone is willing to do that. Why? Probably because it takes time, it takes thinking, and we’re a society in which patience is in extremely short supply. But I’m a believer that if you’ll take this step, your sales copy will have a richness to it that will enable your readers to visualize the results that your product or service promise.
Marketing mastermind Garry Halbert used to suggest writing down one feature or fact about what you’re selling on a 3X5 index card. He’d make fun of you (an believe me that wasn’t a pleasant experience) if you weren’t able of come up with at least 3-dozen. I always found that the first 5 or 6 were pretty easy to come up with. But by the time I got to 24 I felt the well had run completely dry. But there would be Gary, pushing, pushing, pushing. “Come on you poor excuse for a marketer” he rasped, “Dig, what else do you offer?”
And the interesting thing was this. The most compelling facts, the ones that actually resonated the most with the reader, the ones that hooked their attention and motivated people to take action, were invariably among the last group of facts I came up with.
Everyone thinks that copywriters sit down and just “start writing”, As if they had a magic pen or something. Or they think that “anyone can do it.” A mindset similar to-I can boil water therefore I am a chef. Hardly anyone gets the hard work, that goes into writing sales copy that actually achieves it’s purpose of motivating people to take action.
But I digress.
Now once you have your list of features or facts prepared you need to turn them into something that will interest your reader. Remember the old saying, “Nobody buys grass seeds, they really buy the promise of beautiful lawns”. So for each fact we need to turn them into benefits. Or, as one wag puts it, the answer to, “Why should I care?”
For example I am working with a HR consultant who offers a brand new assessment tool for hiring sales people. Suppose to be a good predictor of sales success. One fact about this assessment tool is that it has been tested (or as they say in psychological terms, “validated”) on over 15,000 sales people. OK, that’s an interesting fact. So now we have to determine what the benefit is, the “why should I care?” factor.
*You should care because this means that you no longer have to rely on your gut instinct.
*You should care because if the big boss wants to hire some jerk but the assessment says you shouldn’t, you’ve got evidence to support your decision.
*You should care because this means that whether you’re hiring one or 100 reps it’s a good predictor of success.
*You should care because it means that the test has been around a while unlike all those other assessment tools that pop up and then disappear into the morning mist.
Validated by 15,000 sales people is a fact. OK, but not a compelling reason to use it. No longer having to rely on your gut instincts (which make most anyone who has to hire someone very uncomfortable) is a real benefit. That’s the stuff you want to emphasize in your sales letters and on your website.
OK, as I said in the beginning…I realize that you’ve heard all this before. But before you dismiss what you just read as a “nice reminder of something I already know”, let me ask you to take a look at your sales letters or website home page. How compelling is it? How chocked full of “why should I care?” benefits does it contain? Remember that there’s a world of difference between knowing something and actually implementing something. So if how you’re presenting your business in print needs a tune up keep these thoughts in mind (or even get someone-like me-to write something great for you.)
Email Marketing Tips-Using Signatures
Posted by Mark Satterfield in Direct Mail, email advertising marketing, marketing letters, sales letters, sales prospecting, sales tips on August 27th, 2009
One often overlooked tool for motivating readers to take the next step in the sales process is to use your signature box.
I’ve created over a dozen signatures that I use on a regular basis whenever I’m communicating with prospects or clients. As with any good sales copy, the goal of the signature is to motivate people to click on the link which takes them either to a sales page or to a page offering some sort of additional information. For example here’s one that I use to actually sell a program.
Mark Satterfield
This sales letter made $76,894. Here’s how to write one.
http://www.gentlerainsalesletters.com/indexb.html
If I want to send people to a page that is designed to capture information on them in exchange for a free report, here’s a signature I use.
Mark Satterfield
How To Get More New Clients With No Cold Calling Or Hard Selling
http://www.GentleRainMarketing.com
You always want to take advantage of the opportunity to advance the sales process or further the relationship. You email signatures can help you do so.