Archive for August, 2010

Aug 08 2010

QUALIFYING PROSPECTS

Window-Shoppers

                                  

and Tire-Kickers

                                                

Do Not Make For Productivity 

                                                          

FAR beyond the vast sea of incompetency that floats the government boat, and WAY past the time-wasting frivolity of corporate giant muckity-mucks, America’s 30 million small business owners–together with countless millions of managers and sales professionals–live with the day-to-day reality that TIME is money!

                                                      

Time (yes, it’s worth repeating) is money!

Why the big lead-in? Because time is not money for the politicians who pretend to be running the business of managing the country (unless it’s electiontime!). And because big business CEOs, CFOs, CITs, CMOs, COOs, and all the other Cs out there are preoccupied with how to justify their 9-5 existences, instead of how to make the most of all available time — including nights and weekends! 

Now that that’s settled, lets’ move to those who invest themselves in wasting other people’s time. Retailers are used to them and happily accommodate them because the tire-kickers and window-shoppers will almost certainly return some time to make an actual purchase if their non-purchase trip is a rewarding enough, pleasant experience.

BUT B to B services can die long, slow, painful deaths by dealing for too prolonged a time with this mentality.

In other words, customer service begins at the front door of a retail business and it really doesn’t matter if the individual coming in, is there to ask for driving directions or is going to be walking out  with a $1,000 purchase. “Kill ’em with kindness and bend-over-backwards service” is the rule.

When you’re selling services to other businesses, however, customer service begins AFTER the sale is made, so the qualifying-of-the-prospect need is to be courteous and expedient. Prospects need to be qualified and then dealt with accordingly. To let someone who sends an email inquiry or who calls in a telephone request for a customized proposal (a particularly common occurrence in consulting) — especially when fees and rates are asked for — jerk you around for an hour or two is a bit masochistic on your part.

People who pull this stunt are usually looking for free . . . free ideas, free outlines, free plans, free approaches, free advice, free services. Many of them will call half a dozen sources and combine responses to set a budget for themselves and use the input for criteria in setting the stage for another competitor to do the job. 

                                                                                

Giving away what you make a living 

 at does not make for productivity

under any circumstances . . . .

except perhaps for charity

— when it’s affordable.

                                                                 

The solution is to quickly qualify prospects to determine the seriousness of their intents by promptly informing them that you will be happy to do as requested the minute you can get an advance of $500 or $1000 to cover your costs, and that that amount will be credited against any work you end up doing for them.  

Your job is to make sure the “inquiring minds that want to know” are serious and committed to doing what they claim to be interested in doing, and that they’re willing to pay for your time to help them figure out how to get started. Without this, you’ll end up with enough ankle bites to drop an elephant (which, in case you never noticed, have really fat ankles!)

And it’s hard for business owners and managers

  and sales pros with bitten ankles to run full speed.

 

 # # #

www.TheWriterWorks.com or 302.933.0116 or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You.

God Bless America and Our Troops.

“The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!

One response so far

Aug 07 2010

Does Your Business Rock?

“Even though

                                

we ain’t got money,

                                       

I’m so in love

                                             

with you, Honey…”

                                               

WHAT MUSIC IS YOUR BUSINESS?

Is your business: Classic Rock, Smooth Jazz, Hip-Hop, Easy Listening, Country, Operatic, Heavy Metal, Rhythm and Blues, Punk, Big Band, Classical, March, Reggae, Folk, Broadway, Acid Rock, Acoustic, Ballroom, Boogie-Woogie, Choral, Dixieland, Doo-Wop, Grunge, Latin, Spiritual, Scat, Gospel, Honky-Tonk, Salsa, Soul, Pop, Rap, Bluegrass, Calypso, Fusion, Disco . . . or what?

                                                                                                  

Not sure? Ask around. See what employees say. Suppliers? Customers? Your family? You might be surprised at the answers you get.

Once you narrow down your field of sounds, ask yourself if you really want your business associated with McCartney’s “Money Machine” or Jimmy Buffet’s “Wastin’ Away Again In Margaritaville” . . . or whatever image seems to rise to the surface.

                                                                                

People are much more

                                  

receptive to abstract

                                   

questions than serious

                                

ones, and their answers

                                

are likely to be truer.

                                                                    

The value of this exercise is that people are much more receptive to abstract questions than serious ones, and their answers are likely to be truer. In the end, if you’re intent on making your business succeed, or continuing to succeed, then you need also to be alert to the values of taking ongoing inventory of the impressions people have of what you do. Remember it changes.

Like everything else, the only permanency in business and life is change. Perspectives change daily (hourly in many cases) and the entrepreneurs who are most successful are those who constantly keep tabs on the impressions others have of their business enterprises . . . and make adjustments accordingly.

Business is, after all, about serving the customer. When your market perceives (correctly or not) that what your business has to offer no longer satisfies the benefits your customers seek, it doesn’t matter what you think. It matters only how you adjust to provide what’s being sought. It doesn’t matter how great your music is, it’s whether it’s appropriate or not. Is it in sync with your customers?

Baseball’s greatest hitters are those who continuously (in the middle of the game and even, and especially, in the middle of an at-bat) adjust their attitudes, stance, and plans they bring with them to the plate as they see how the pitcher they face is faring. The world’s greatest entrepreneurs have the same kind of track-record and approach. They are continually assessing the market, and their role.

If you are playing rock and roll in your head and your business is playing elevator music, it’s like swinging for a fastball and getting a change up — you are way out in front. And you’re undoubtedly feeling frustrated at every turn with your organization’s snail pace. If you are trying to dance the waltz to a limbo, you are bound to trip yourself up.

So get out your old kazoo and hum your way back into reality. Start checking other peoples’ perspectives about something that has to do with your business as a matter of daily routine. It’s the only way to keep on top of the reason you’re in business in the first place . . . and that ain’t to be singin’ no lullabies (unless of course you’re in the baby products business!)

                                                                         

www.TheWriterWorks.com or 302.933.0116 or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You.
“The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!

One response so far

Aug 05 2010

“Womentrepreneurs” Boost Business

Female Business Owners

                            

Excel Over Men

                                                      

 in All But Logic

                             

and Hardsell!

(Yes, this is an “opinion piece,”

but it’s based on 35 years of experience!)

                                                                                       

Let’s face up to it, guys! Women are better at almost every part of owning and running a business than we are. They are generally more creative, better money managers, and more personable and charming.

These last two attributes of course give them — if you’ll pardon the expression — a leg up on us with respect to customer service and employee relations . . . not to mention investor solicitations!

Bottom line is that, unlike men (thankfully), women business owners don’t typically put their egos on the line with every decision they make. Every business deal does not have life-threatening implications and repercussions.

Female business owners and managers (as opposed to probably 99% of their male counterparts) don’t analyze issues to death.

                                   

They take things in stride. They may cry more. And perhaps they can’t lift as many heavy cartons as some men, but they are more inclined to take action than talk about it.

 Men: If you’re married more than 20 years,

you know what it’s like to work for a woman.

                                  

And some of us have actually had female employers. I’ve had a few. One was the shining star of the New York Madison Avenue advertising agency world, and she commandeered respect with every workday breath. Her self-discipline, creative spirit, and enthusiasm were contagious.

Do women make better salespeople? I think that depends on the products or services being sold. Women, it seems to me, have a tendency to not go for the jugular in making whatever might constitute a hard-nosed sales approach. Is that a plus? I guess it depends on how hard your nose is. Q. Are women sometimes illogical? A. Does a bear…? 

Okay, so yes, they might have a couple of faults . . . uh, compared maybe with a few dozen faults chalked up on the macho side of the scale? Right. I do in fact know about the Men are from Mars stuff, but I’ve learned that while women may cross up other women on occasion, they tend to be much more authentic human beings than men most of the time.

If the way one man treats another is consistently honest and straightforward, there’s a good chance at some point the the good guy will get screwed in some business deal.

                                     

If that same Boy Scout-type dude treats a woman in business with honesty and straightforwardness, he’s likely to be treated with consistent respect in return.

I might add here that most men in business impress me as not knowing how to express empathy (or care much about it) because they are consumed with acting strong and tough and making sales and making operations work. “Your 15 year-old dog died this morning? Sorry about that. Would you please be sure to get that report on my desk by noon?”

Women, on the other hand, I believe, unhesitatingly put themselves in other’s shoes, and aren’t afraid to interrupt plans and schedules to offer counsel as needed. (I’m not talking about holding hands and spending the day with a troubled employee, watching TV and eating bonbons).  I’m talking here about taking some time out to help make a difference for someone.

Does empathy make women better businesspeople? Probably, because it undoubtedly makes them better leaders. And:

 Business success is all about successful leadership,

regardless of how you’re packaged!

 

302.933.0116 or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You.

“The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!

No responses yet

Aug 04 2010

MARKETING FROM THE EDGE

Businesses balanced on

                                     

the brink of  bankruptcy

                                         

have only truth to sell! 

                                                                                    

Regardless of how you explain it or how you think you got there, businesses that teeter-totter, balanced on the brink of bankruptcy got there through poor management.

Not enough capital, not enough sales, the wrong personnel, the underestimated expenses, the increased cost of raw materials, the lack of bank loan support, weak operational planning, bad press . . . it’s ALL poor management!

But no need to bury your head about that. 

  • First: You have company. 9 out of 11 new businesses reportedly fail within the first five years, and a best guess is that probably half that many fail after the first five years.
  • Second: Every (Right, “Every”) highly successful venture of the many thousands I am keenly aware of has its success roots traced back to major failure. Forest fires create new and stronger trees.

Not unlike cutting and running on the battlefield or in the sports arena, the choice to fold up the tent is of course always available and, for some, it can gallop into position rather abruptly and become a choice that is no longer a choice.

For many, however, the moment of truth can breed heroics! It has a lot to do with courage, gumption, spunk, resilience, stick-to-it-iveness, passion, and drive.

It also has more to do with common sense and authenticity than most who face the threatening storm typically would care to admit. But facing the consequences with your business on the line — especially where the increasingly common issue of bad press is involved –requires more of one ingredient applied thoroughly and consistently than any other: truth.

Recent bad examples abound on the big business side of the coin with brokerages, mortgage companies, automakers, and scores of big-name corporate product recalls, with the over-exaggerated media hyperbole in oil leak containment effort reports.

Many see the same kinds of mismanaged and basically DIShonest accountings of activities surrounding sinking hospitals, banks, the post office and, sadly, many small business ventures.

There lies deep within these complex business failings a desire to save face at all costs, to cover one’s butt — a desire that is actually stronger than the desire to succeed. 

A sizeable hospital has disavowed it’s attachment to an affiliated and approved and endorsed physician who is alleged to have literally destroyed a community that the hospital has thrived in and nurtured its whole life.

Instead of going to the great lengths and expense and repeated hand-wringing it did to deny a relationship with the person in question (a tragically mentally sick doctor is the only way to describe what the evidence appears to point to), the hospital needed only to:  

  • Step up

  • Own up

  • Tell all

  • Admit past screw-ups and negligence

  • Ask forgiveness, and

  • Act immediately to bring the public to the truth of it.

Resistance to speak the truth in trying circumstances because the consequences are imagined to be humiliating, inevitably ends up making the dynamics and repercussions of the act itself far worse than when it started out.

Toyota’s response to failure was to smother it with marketing dollars. But peoples’ memories can’t be bought off! The hospital referenced will likely fold or be bought out for a monumental financial loss – all because the administration lacks backbone!

When the going gets tough, speak the truth. Sweeping the mess under the carpet only makes cleaning harder.       

www.TheWriterWorks.com or 302.933.0116 or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You. God Bless America and Our Troops.

“The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!

No responses yet

Aug 03 2010

What’s Your Business Story?

You have a business tale

                                                    

to tell, but no time to

                                         

  tell it?. . . or write it? 

                                                              

     So what’s your story, Boss?

     Is it long or short? Simple? Complicated? Fictional? Factual? Happy or sad? Burning hot? Icy cold? Based on true firsthand experience,  or imaginary, hand-me-down sagas? A story of family or of strangers? Neighborhoods or distant travels?

     Is it manufacturing or retail or distributorship based? B to B or B to C? A story of tourism or industry? A professional practice story? A legal or medical story? A growth or failure story? A partnership or separation story? What is it all about?

     You can and probably already do tell your story in chunks — in website pages, email messages, news releases, brochures, newsletters and interview answers. Or you can tell it (or major parts of it) all in one place that can then BE chunked up.

You can accomplish this with more complete, more comprehensive forays into the land of literature — a series of feature articles, ebooks, position (“white”) papers, booklets, specialty magazines, ongoing blog posts, and full-length books are some examples of what other successful business leaders are now doing.

     There are armies of talented organizations, groups, businesses and individuals standing in line, ready to pounce on filling any and all of the challenging opportunities for exposure — and enhancing credibility and reputation — that are noted above.

     They work on commission. They work on fees. They work on incentives. You can do it cheap or expensive, or somewhere in between.

     You will –as with most things in life — get what you pay for. If you’re happy with your neighbor’s 16 year-old being your webmaster and your new MBA assistant writing your sales and marketing pieces, you will no doubt take comfort in their efforts to represent what’s in your head!

Reminds me of the old Kawasaki Motorcycle helmet ad — “If your head is worth $29.95, buy a $29.95 helmet!”  

     Here are half a dozen thought-provokers:

1) Don’t give up on your business story idea, whatever it is. Instead, start to bullet-point it on index cards or a pocket pad or your laptop.

2) When you know what it is that you seek for your main message, start to scout around for someone with a track-record for the kind of writing you want.

3) Window shop. Check out Bing and Google. Do a little homework.

4) When you find the right person to represent your interests, that individual may also very well have ties to or a relationship with some print-on-demand book publisher-printer types, and be able to steer you in the most appropriate and economical directions. These days, you can print just a few (or even just one book!) copies and be able to order more with a phone call or email.

5) Specialized magazines are also readily available and can be produced as you wish, and individually and personally addressed as you wish.

6) Blog posts can be written in your “voice” so they sound like they’re coming from you (while you spend your time doing other things!) Regular blog posts, incidentally serve to activate your website which draws the attention of search engine spiders and lifts your search engine rankings.  

     Got an idea you’d just like to toss out to see if it could work? Give me a call. No consult fee for blog visitors.

  

www.TWWsells.com or 302.933.0116 or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You. God Bless America and Our Troops.

“The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!

No responses yet

Aug 02 2010

Are You Celebrating Customers?

When did you last deliver

                                                                                            

more than you promised?

                                                                      

…and threw in a “Thank You For The Opportunity!”?

 

This is indeed customer service coming in the back door and, hopefully, your answers to the questions above are: “Yes.” “Today!” and “Yes.” 

Like the family that prays and plays together stays together, the business with a consistent gratitude attitude wins a multitude of latitude from customers, prospects and the industries, professions and communities it serves.

                                                        

“yeah, yeah, yeah!” you already know all that, and “so what?” you reply. Here’s what: succeeding in business today reduces itself to the simplest –and probably oldest– positive practice on Earth: GRATITUDE.

If you think otherwise, you are not a realist. If you and your people are so tangled up in CRM hardware, software, and underwear that you are missing the daily, hourly, opportunities to build and boost genuine customer service bases of operation, you are taking two steps backward to go one step forward. That isn’t going to cut the mustard in this economy.

Thanking people is not a complicated practice. Oh, and it’s free!

“Yeah, well my staff and I always say thank you to customers and it doesn’t do squat!” 

                                                      

Hey, that’s a good start, but if you’re not seeing increased loyalty, repeat sales, and steady increases in revenues, you might want to take a closer look at HOW you and your people are saying thank you.

I walked into a failing grocery store this week and had checkers, baggers, shelf stockers, front door greeters and department managers falling all over themselves trying to make my celery purchase be the most memorable experience of my life. They did everything but drool with trying to make sure my celery was spectacular and that I truly had everything I wanted and needed from their store.

Yucht! Finger down my throat. A quick trip for the missing chicken salad ingredient and you’d have thought I was Justin Bieber’s father, or the inventor of Silly Bands. Here’s the deal. The overkill was obnoxious. It was insincere, and I didn’t appreciate being the target of some mismanaged customer service training program.

A pleasant smile and genuine thank you at the cash register would have been more than sufficient. Instead, I was ogled, called “Darlin'” got a 20-cent discount at checkout for having not bothered to bring my little marketing research discount tag, “awarded” a scratch-off ticket to win $1, and had someone actually offer to carry my celery to the car! 

Okay, they got me laughing, but I’m not going back there. 

Next, give a little thought to the idea that since anybody can be connected to anybody these days, it is essential that small businesses act neighborly but think globally.

                                                                

Anyone is capable of giving or sending you business. That certainly includes your inner circles of family and friends, but it also extends outward to employees, suppliers and vendors, geographic and industry neighbors, service professionals you engage, and all the communities you serve.

In other words, do you say thank you every day to customers, but not employees? Do you thank sales reps for visiting you? Do you thank delivery people and public service people who visit or make regular or special calls on you? Do you thank people for complaining? (“Thank you for calling this issue to our attention. What can we do to make it right for you?” goes a very long way!)

                                                                              

302.933.0116 or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You.

God Bless America and God Bless America’s Troops.

“The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!

2 responses so far

Aug 01 2010

TwitterWorks . . .

If your business works,

                                   

so does Twitter!

                                                                                                        

     Think of Twitter as one gigantic 24/7 trade or professional show and customer service center up in the sky!

     And start out by just plain dismissing all the “magic secrets” about how to use Twitter to build your business, because there are none.

     Just because social media may be a fairly new avenue for you to be dabbling in for your business, don’t be intimidated by all the crackpots!

     Never a day passes without at least a dozen solicitations attempting to sucker new users into a commitment to get new fans and followers, to learn the magic, the secrets, the steps, the bullets, the actions, the methods, the techniques, the 3 this, or the 7 that.

     If your business works, and you have a respectable reputation, and you know what you’re selling (believe it or not, not everybody does!), then simply use Twitter posts to make provocative, or engaging, or teaser-type billboard/headline-style statements, followed by the website page other Twitterers/Tweeters can click on to learn more.

     But you can’t stop there. . . not any more than you would avoid a courteous greeting up front, or make a sales pitch at a service counter or on a trade show floor, and then not listen to what the prospect or customer has to say, even dumb comments about the weather.

     Be social. This means stepping off your sales pedestal long enough to take notice of what others are posting on Twitter, and to make and post some pleasant response to those you might agree with, and that fit the business image you want to project. Be careful with humor, especially avoid jokes you wouldn’t comfortably share with pre-teens.

     This can include you doing an “RT” (for “Re-Tweet,” same as “repeat”) of other comments and/or quotes you particularly relate to —  no different that a prospect mentioning a name or place or thing or idea that’s on your personal list of favorites, and you commenting back, as you would in any conversation with a friend whose attention you value.

     This is an important ingredient in making Twitter work — being yourself, and pretending you are in a real (instead of virtual) room facing the little (avatar) faces, sharing niceties. If some comment makes you choose to feel angry or upset or overly emotional or cocky or sarcastic or arrogant or pedantic or anything besides pleasant, choose to ignore it and move on to other comments.

     You will not win friends and influence sales by losing your cool or tossing your cookies or acting P.O.’d at some moronic statement.

     People “out there” need to see that you are approachable, easy, and friendly before they’ll pay you any serious attention by deciding to “follow” you (your posts) or to visit the web pages you include with your posts. This is, after all, SOCIAL media first. Those who see and read your comments will allow you the business focus as long as you behave like a good guest at their party. 

     Get yourself hooked up with a free “Tweet Deck” to gain a more useful perspective and to better accommodate your comments. Then take a couple of hours each day for a couple of days (spread out into time chunks is best) to follow the basic flow of people and comments and analyze them as a prospective market.

     Take notes.Pay attention to who’s who:  the rampaging political types, the religious fanatics, the nut cases, the teeny-boppers, the famous quote quoters, the too serious, the too frivolous, the sex-seekers, the weirdos. Get a fix on who you want to visit your webpage and start clicking on their “Follow” buttons. Many will reciprocate and be your followers.

     Decide early on if you want only a selective following or you want to play the numbers and amass big numbers (depends on what you’re selling).

     When you think you see a way to fit . . . fit! Twitter works for those who work at it.  

 

 # # #

                                                   

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Hal@Businessworks.US or 302.933.0116

“The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Thanks for visiting. Go for your goals. God Bless You.

Make today a GREAT day for someone!

 

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