Business Mastery
Helping Entrepreneurs and Executives Succeed
March, 2008
In This Issue...
Webinar: The Ultimate Referral System
Featured Article: Are You A Pain Hunter?
Teleclass: Turn Interviews Into Offers
The Referral Marketing Newsletter
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Dear David,
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Want to increase your influence and persuasion power?
 
This issue's featured article
cuts to the core principles of how to best help your prospect make a buying decision.
 
Whether you're selling a product, service or an idea,  you must read this article if you want to increase your close ratios or "persuasion success rate".
 
Check it out as well as these upcoming events.
 
 
Upcoming Events:
 
The Ultimate Referral System Webinar
 (March 5th - two times 12 noon and 8 PM EST - see the first article below to register)
 
How To Turn Interview Into Offers
(March 11th - interview with Career Search expert, John Hadley - see third article below to register)
 
The Power of Having A Graphic Designer on Your Team
(interview with Bill Milnazik - later this month)
 
 
To your success,
 
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Webinar: The Ultimate Referral System
 
If you're a business professional who wants to generate a steady stream of referrals with less effort, than you'll want to attend:
 
The Ultimate Referral System Webinar
 

In this free webinar, you'll discover:

 

·          How to NEVER have to ask another person face-to-face for a referral ever again while dramatically increasing your referral business.

 

·          5 simple referral tactics that you can use to get your customers to literally FALL IN LOVE with you and send you unlimited business.

 

·          A complete 100% HANDS FREE AUTOMATED system that does all the follow up and relationship building for you.

 

·          The one referral method that consistently gets highly qualified referrals that are eager to do business with you and CALL YOU.

 

·          An amazingly simple referral strategy that one insurance agent has used to become a multi-millionaire and the top agent in his company (anyone can use this simple system!).

 
***********************************************************************

Wednesday, March 5th, 2008

 
Two options available:

Option #1: 12 Noon EST /  9 AM PST

or

Option #2: 8 PM EST /  5 PM PST

*************************************************************
There is a surprise bonus for all attendees (click the link below to find out more!)
 
Register For "The Ultimate Referral System" Webinar
 
 

There is no admission fee for this webinar, but spots are limited, so get your seat now.

Featured Article: Are You A Pain Hunter?
 

Let's put this into context.  You finally have a meeting with the qualified prospect you've been targeting for months.  You want to impress and set yourself apart.

 

So what do you do?  Make a killer presentation about your product or service?  That's what most of us do.

 

But let's look at why this approach is ineffective.  To do this we need to examine two principles of human psychology:

 

Principle #1:  People take action based on their need to avoid pain or gain pleasure.

As human beings, we're extremely fond of the status quo.  Like all living organisms, we look for a place of least resistance or an equilibrium state (forgive the science lesson, but it DOES apply here!).

 

For people to change the path their on (i.e., make a buying decision), they need to be disturbed in some way.  What drives us is either getting out of pain or achieving the desires of our heart.

 

Principle #2: People will usually do more to avoid pain than to gain pleasure.

Although it's more inspirational to focus on helping your prospect achieve their dreams, it's a fact that, for most people, pain is a more powerful motivator than pleasure. 

 

Achieving pleasure is optional, avoiding pain is non-negotiable.

 

Examples?  90% of smokers stopped smoking only after a serious heart attack or cancer diagnosis.  Very few of these people stopped for the promise of better health.

 

Let's look at life insurance.  I can't think of anything pleasurable about buying a life insurance policy (sorry, life insurance professionals out there - maybe you're the kind who has a dynamic personality that makes this a fun experience).  But most people have life insurance because the pain of leaving their families in financial straights in the case of premature death is greater than the pain of paying the premiums.

 

So what does this mean for you?

 

If you want to have a prayer of making the sale to your prospect, the first step is to find the pain.  You've got to be a pain hunter.

 

Remember, making a buying decision is painful because it involves me spending money.  You have to help me see that the pain of not having your product or service is greater than the pain of me departing with my hard-earned dollars.  Only then do you have any chance of making the sale.

 

This applies whether you're selling a product, service or idea.  You may be in an organization and need to persuade senior management to pursue a certain course of action.  To do this you must help them see the pain of NOT following that path.

 

How Do You Find The Pain?

 

The best way is to simply ask.  Questions are one of the most powerful tools in sales.  You need to see yourself as a "pain detective" trying to solve a mystery. 

 

Let's assume you're speaking to a prospect that has some interest in software that you sell.  Do you want to make a presentation and demo your software?  NO! Not yet.

 

Instead ask questions like these to find the pain:

 

  • "What specific problems will be addressed by implementing this system in your organization?" (Note: You might know this answer - it doesn't matter, your prospect needs to say it.  Remember, it's not a problem until they say it's a problem).

 

  •  How does this problem show up?  What symptoms or evidence exists?

 

  • How is this situation impacting the bottom line?

 

  • What's this problem costing you?  What are you missing out on?

 

  • How long has this been going on?

 

  • If this continues for the next 3 to 5 years, what will be the impact on the organization?

 

  • How does this affect you personally?

 

These aren't the only questions you can ask, but they make up the core of questions I ask that will get me to my prospect's pain.  If you ask these questions, you're prospect will begin talking (and talking a lot), because people love to talk about their problems.  This will build a strong rapport with your prospect.

 

Once you uncover the pain, you've laid the groundwork to present your solution.  The prospect is now very motivated to solve their problem. 

 

So make sure you resist presenting your solution until after you've adequately uncovered the pain.  Don't rush the process - these hunting trips can involve multiple conversations, but it's worth the wait!

 

 

One Last Question:  What if you ask these questions and you can't find the pain?

 

If there's no pain, then you don't have a qualified prospect.  If that's the case, then celebrate - you've just eliminated a non-prospect.  A key to successful selling is eliminating non-prospects.  But this is a topic for a future article.

 

Sell strong!

 

Tele-class: Turn Interviews Into Offers

Date: Tuesday, March 11th
Time: 12 Noon Eastern / 11 AM Central / 9 AM Pacific

  • Are you a job seeker who is tired of interviews that don't lead to offers?
  • Are you frustrated of hearing, "I'm sorry, we really liked you, but there was someone else a little better?"
  • Would you like to learn how to guide the interview in a way that will set you apart from competing job candidates?

Join me Tuesday, March 11th as I grill John Hadley, Career Search Counselor (www.JHACareers.com), on the tricks of the trade he teaches his clients to help them get better jobs, at better pay, in record time!

John is no ordinary Career Counselor - he gets amazing results with his clients, unlocking the secrets that gives them an unfair advantage in their job searches and interviews.

In this 60-minute tele-class interview, you'll discover:
  • Specific techniques to build the rapport critical for successful interviews,
  • How to tell a "HERO" story that builds interest and frames the discussion,
  • Secrets to converting the conventional Q&A interview into a natural and influential conversation that will be remembered,
  • Strategies for convincing the hiring manager that you're the best candidate,
  • The exact same strategies John uses with his private coaching clients that secured them job offers they were thrilled with.
Find Out More and Register Now
The Referral Marketing Newsletter
referral marketing newsletter 

Discover How To Become a Referral Magnet!

 

If I Could Show You a Way to Triple Your Business Referrals, By Following a Few Simple Instructions, Would You Be Willing to Sign Up for My Weekly Newsletter?

 

 
 

Are you a business professional who is struggling to generate more referrals? Do you offer great products and services to your clients and customers, but they just don't seem to refer you to their friends and associates? If the answer is, "Yes!" then you need to sign up for the Referral Marketing Newsletter.

In the Referral Marketing Newsletter you'll discover...
 

In the Referral Marketing Newsletter you'll discover...

·         Real referral marketing case studies

·         Referral marketing tools and resources

·         Videos of live referral marketing techniques

·         Profiles of referral marketing superstars

·         Photos of actual referral marketing tactics in action

·         What other industries are doing to generate referrals

 
Three Reasons Why You Should Sign Up For This Unique Newsletter 

If referrals are the lifeblood of your business, then you cannot afford not to sign up for the Referral Marketing Newsletter.  Here are three important reasons why you should sign up for this newsletter immediately...

 

Reason # 1 - You'll get to download the "How to Get All the Referrals You Can Handle" audio program.  In this audio program you'll be introduced the single most powerful referral system ever developed...bar none.

Reason # 2- Each week you'll receive unusual and unique referral marketing ideas that are practical, which can be put to use immediately. You'll even receive VIDEOS explaining the referral tactic in depth and showing you how to put them to use in your own business.

Reason # 3- The Referral Marketing Newsletter is completely FREE!  You will receive a free lifetime subscription.  And there isn't any annoying advertisements. It's 100% pure content. And you can unsubscribe at any time.

 
You'll also get these bonuses that you can download immediately...totally free!
 
RMN bonuses
 
 

 

 
 

Subscribe To The Referral Marketing Newsletter

Business Growth Strategies focuses on helping entrepreneurs, consultants and sales professionals attract more clients, get larger engagements and earn more income.  We also specialize in helping executives become tranformational leaders in their organizations.
 
 
Sincerely,
 
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David C. Miller MSCC, CPCC, PCC
Business Development and Leadership Specialist
ICF Professional Certified Coach

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Miller & Associates | 6 Goldenrod Court | Newtown | PA | 18940
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