Make It Happen
My Tipsheets are chock full of ideas. They are all aimed at translating knowledge into action...in a quick, action-oriented 60-second nugget.

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Sales

Consider these Tipsheets: there are over 300 of them, and they certainly don’t “sell” anything.  Each week, I give away a small nugget of information, and tie it to an immediate action.  These non-salesy Tipsheets, like the vast majority of blogs, are designed to credentialize expertise and build trust, slowly over time.

Interestingly, I recently received an email from a reader saying that he was about to unsubscribe, but he wanted to give me “a chance” and explain why, in person.  As this reader was in the same city as I was, I took him up on his offer to meet for a coffee.  Social Networking translated into real-world networking.

Beyond the introductions and pleasantries, what I received was a high pressure sales pitch for their marketing services.  As the service wasn’t needed, the meeting ended relatively quickly.  There was no follow-up email post meeting.  And a few weeks later this person unsubscribed.  (It’s ironic – he is the one that needs to see this post!)

Lessons learned:

  • Developing relationships takes time, both in the real world and in Social Media.  Trying to make a quick sale over coffee is great if you’re selling coffee, but bad if you’re selling something more complex – like anything.
  • Bait-and-Switch is a bad networking strategy.  If the invitation to meet is for one purpose, don’t trot out something different.
  • A blog is a great place to develop and explore ideas over a longer term.  And in so doing, a blog is also a great place to develop trust.
  • Follow-up after a network meeting is critical.  Like the blog, a real-life meeting and a follow-up email are merely steps up the relationship curve.

Social Media can be used to sell, but one of the most effective strategies has to be Give to Get;  the sale will take place, but only when you’ve demonstrated your expertise, earned the trust, and the buyer is ready to buy – which may take years.

This week’s action plan:  Where does your blog fit on the sell/no-sell continuum?  If you’re not happy with it there, make a change.  If you don’t blog, look back at your favorite blog (besides this one!) and evaluate it: where does it fit on the continuum?  And how would you feel if it was changed?

 

Note: The Make It Happen Tipsheet is also available by email. Go to www.RandallCraig.com to register.

Randall Craig

@RandallCraig (follow me)
www.RandallCraig.com
www.ptadvisors.com
www.ProfessionallySpeakingTV.com
 
Join me on May 24th at 4pm EST for a (free) look at Strategic Blogging.
Click here for more information or to register.

Strategic Blogging - a webinar with Randall Craig

 

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How long does it take to make a sale?  And is it faster using traditional marketing and sales techniques, or Social Media-based ones?

In traditional marketing and sales, advertising informs prospective customers about a product or service. Those who have a need show up and make their purchase. In the more sophisticated business-to-business sales process, it’s pretty much the same: find prospects and tell them about your products and services.  Those who are ready to buy will buy, while others won’t. The whole paradigm is based on identifying prospects, informing them, and selling them.

Social Media marketing is based on engagement – the conversation – and developing the relationship. Only when the relationship is strong enough – when there is trust – will there be a possibility of a sale.

Some implications:

  • Trust takes time. As they are getting to know you, they will identify your capabilities. Contrast this with traditional marketing, where expertise leads, and then relationship follows.
  • Social Media “sales” are more pull than push. It’s more likely that they will initiate the sales process when they are ready – after all, they know their needs better than you ever will.
  • You still need to ask for the sale (sort of). Asking for the sale prematurely may do more harm than good. But exposing your expertise over time within the context of a two-way, non-broadcast relationship, is a far more powerful implicit ask.  (This is precisely why I have written these posts for the last half decade.  Many of my prospects and clients reach out after reading a concept I describe here.)

This week’s action plan: Do any of your Social Media activities shout Buy Me? Or do they seek to improve your credibility and grow your relationship? This week, make sure everything you do falls into the second category – not the first. How long does it take to make a sale?  It depends on how quickly you earn it.  Trust takes Time.

Additional note re Professionally Speaking TV:  Many of my readers also follow my weekly WebTV show.  I recently interviewed Tonya Surman of the Centre for Social Innovation – fascinating!  Check it out at www.professionallyspeakingtv.com/tonya-surman.

Note: The Make It Happen Tipsheet is also available by email. Go to www.RandallCraig.com to register.

Randall Craig

www.RandallCraig.com
www.ptadvisors.com

www.ProfessionallySpeakingTV.com

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