branding

What Needs To Be Tougher

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What Needs To Be Tougher.

We are all competing on a global stage today.  No joke.  Our prospective and existing clients have global options for highly intelligent, well trained partners, providers and suppliers that are literally seconds and clicks away.

 But if I’m going to compete, I like to win.  If you read this blog regularly, you do too.

 Some things then, need to be tougher for us to keep winning.

Training:   Tougher should begin at home.  (Training is where I lead today).   Training needs to be tougher.  Think Training Idol. Think harsher judgments, tougher role plays, more tests and certifications.  We’re not talking Gladiator camp here but learning what you need to learn has to stick and stick better.

 Coaching:  Not in the way you think.  A lot of us coach (me included) and a lot of us “wing it”.  That’s not fair to folks who need us to help them and frankly, it is not effective.  If you coach, get smarter about it.  Get a structure.  And most importantly- plan in advance; give it some hard thought and do it more often.

 Representing The Brand:  You are an extension of your brand.  Period.   You must wear it well especially when you are in front of clients and prospects.   It’s not enough to just fix the problem, enter an order, answer a question, blather an awful answer about “what you do” at a party or pull together some information well for a prospect.   You must proactively extend the brand’s promise.  How you help clients, how you differentiate, how you bring amazing to the marketplace.  Brand Matters.   This isn’t easy to do.  You have to do it in ways that don’t raise tension or confuse or annoy but you must do it.  The stage is bigger now and we all need to stand out.

Tougher isn’t a bad thing. 

On the other side of tougher is a better chance of winning.

Till next time,

Grow The Business.

Mark.

If You Knew, You’d Act Differently

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Let’s start this post with Jeopardy like feel except that the answer to the following 6 questions is the same:

 What is, “You bet I would!”

 

  • If you knew small business prospects are 3 times more likely to act when you give dollar discounts versus percentage (%) discounts, would you handle your offers or pitches differently?
  • If you knew most small business prospects had already looked at your website before they called you inquiring about pricing, would you handle the call differently?
  • If you knew most small business prospects initially dislike being interrupted over the phone by sales reps, would you handle your call opening differently?
  • If you knew most small businesses think you are more credible if you give specific details (like “we are launching a 3 part welcome program to all new customers..”) vs. sharing a customer testimonial, then would you speak or market differently? 
  • If you knew that 3 out 4 small business prospects in Manufacturing, Construction and Healthcare have their interest piqued when you share information specific to their industry ( vs. say just 1 out of 4 Retail prospects care about information specific to their industry), would you plan your contacts, visits and marketing with these types of verticals differently?
  • If you knew that most small businesses don’t yet realize social media is the new and most sacred  “Word of Mouth”, would you talk about, advise, encourage and role model social media differently?

The above are true and just a smattering of real data about real small businesses I culled from the research done by firms like the Enterprise Council on Small Business (ECSB) and other reputable research orgs. 

Now you know.   Go forward differently.

Till next time,

Grow The Business.

Mark

 

Show Rooming Is Our Fault

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Show Rooming Is Our Fault

Target got all a tither last week firing off letters to their suppliers demanding they either reduce their costs or focus on giving Target more unique and exclusive products to sell in their stores.

Problem is that folks go to Target, look at a product, touch it, hold it, feel it, ask questions about it and then turn around and go online and buy the same thing cheaper from some online company that doesn’t have the costs to bear for the brick and mortar, the labor and all the rest.

They call it Show Rooming and brick and mortar retailers like Target are getting sick of it. 

But Target is mad at the wrong people.  It’s not the supplier that’s the problem – it’s us. 

Maybe it was the way I was brought up or where I’ve worked but there’s something wrong about using one company to learn and see everything about a product and then going out and buying it online ( or anywhere else for that matter.)   And it happens a lot.

There’s something wrong with walking into the local hardware store, getting that advice on which paint to use to cover paneling, spending some time at the color wheel and then saying “Thanks man!” while jumping in the car to speed off to the superstore to get the exact same paint a little cheaper.

There’s something wrong when the Veterinarian examines your dog, hands you the product she needs to stay healthy and you put it down sheepishly saying “gee I can’t get that right now” only to go on line, look for the same product and order it there for 3 bucks cheaper.

There’s something wrong with going to a car dealer, working the sales rep for 2 days, getting all the answers, taking that test drive and getting all of it down on paper  to then neatly fold it, slip it into your back pocket and then shopping around with all this new knowledge to get better price from some other dealer who sells the same model car.

And it happens to you too.

It’s not real different in sales either when you spend 3 weeks educating a prospect about a solution, prepare a proposal and that prospect takes your proposal and their new education, then turns it over to a competitor and says “Beat that”.  That happens, that’s life but that’s Show Rooming a Sales Rep and that ain’t right.

It’s a lot like stealing I think.  For too many people it’s not a problem to take insight, or time, or commitment, or ideas only to use them against the very people and places that were so skilled or gracious in giving them to you in the first place by going somewhere else to buy.

That’s called Show Rooming and nope, even though its rampant and even a source of pride for some, I don’t like it one bit. 

Till next time,

Grow The Business.

Mark

Your Favorites & Mine

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Your Favorites & Mine

Happy Friday and New Year,

Here’s a quick look back at 2011. 

The votes are in (ok the views).  Here are the top 5 (listed 1-5) most viewed blog posts at this site in 2011; presumably your favorites.  Good taste I’d say and thank you for your readership. I’ve added 5 others I’d add as my favorites.

Look around a bit.  What’s the worst that can happen?  Steal something shamelessly and grow the business?  

 

Top 5 Most Read Posts (2011)

You Had Me At Hello (and then, you just let me go)

The Most Powerful Phrase In Sales

Offline, Online & Flatline

My 25 Secrets Of Selling To Small Businesses

Help For Looooonnngg Sales Cycles

 

My 5 Favorite Posts of 2011 (aside from above!) 

Customs Fail and Redemption

From Have To Believe

Crushed

A Training Veteran

Larry Bird?

 

Till next time,

Grow The Business.

Mark

 

Drug Reps Selling Differently

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An article from yesterday’s Wall Street Journal very much worth the read.   

Drug Reps Soften Their Sales Pitches

Interesting.  A Softer sell.  A different kind of sell.

And Sales are going up. 

  • Interesting to read what happens when a sales rep becomes a resource to the physician.  
  • Interesting to read what happens when a sales reps shifts focus on providing more help to the physician’s patients.
  • Interesting to read what will happen when a sales rep becomes a real help to the physician allowing her to get more time to see patients.

It’s not a stretch to replace each word physician in the bullets above with Small Business Owner or Banker or Distributor etc.  And to change each word patient to customer.   

Nope, not a stretch at all. 

Till next time,

Grow The Business.

Mark

Small Business Naked

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I’m not one for craft fairs. But I went to one recently and learned some awesome things.

Normally attending a craft fair, even if it is to only walk through as a courtesy to the organization running it, is worse for me than a visit to (gasp!) a mall.

Add the hustle of the Holidays and hundreds of sugar amped children screaming for Santa (fueled undoubtedly by the 4 tables of chocolate baked goods for sale) and I’d frankly rather drive ingots into my eyes.

But a couple of weeks back, I spent 45 minutes walking through one and it hit me hard.

These folks are Small Business Naked.

There’s no hiding in a storeroom or behind a “Closed” sign or even behind some HTML code for these craft table entrepreneurs. These folks have no choice but to lay out their wares right there in front of you, with no where to hide and are totally exposed.

These folks sit or stand inches away from their hand crafted “life long passions” or their “work that pays the bills” or in many cases as you could plainly see – they stand in front of what they feel is the very definition of themselves.

These naked small business owners have to have tremendous egos and confidence and pride like any small business owner we know but also have the unavoidable stress of being assessed and judged by hundreds or even thousands of people in a compressed period of time.

“Do you like me?” is what each business owner is asking you with his or her eyes as folks walk by. Meanwhile there is no wondering about the competitive landscape. Each naked small business owner needs to only look left or right to see who and what they are up against, fighting for those dollars in the strolling public’s wallets. No where else is the competition so “out there in plain sight”- with dozens of smiling yet competitive and competing small business owners inches from and across from, each other.

On so many levels, it’s clear that these folks who purchase a “craft table” face so many of the same hurdles the traditional small business does ranging from product market analysis to production, to inventory management, to marketing, to pricing strategy, to selling skills and the list goes on.

Except for one thing – They are out there exposed for 5 or 6 hours at a time, hiding nothing about who they are and what they do. That’s an awesome thing. I know now I’ll see these fairs a bit differently; perhaps as an opportunity for me to keep learning from some of the gutsiest group of small business owners out there.

Till next time,

Grow The Business.

Mark

Why I Hate Disney

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It’s their employees mostly. 

I just spent three miserable days at Disney World.

I was at a Learning conference and that was great but the employees at Disney were something else. 

Enough with the eye contact!  I don’t know you and you don’t know me so quit looking me in the eyes all the time.   Let me avert my gaze at the ground or the menu or my beloved smartphone or anywhere else I’m comfortable with.  My mother used to look me in the eyes all the time – usually when I was in trouble.   I spent 3 days walking around Disney wondering what the heck I did wrong.

They wouldn’t let me open my own doors (though I know exactly how to do it and have never injured myself ) and even more rudely – after I struggled to dig out cash, uncrumbling it from my pocket to hand it out as a tip, they refused to take it.   How insulting and ungrateful.

Obviously there is lot of potential trouble brewing around the place too.  I’ve never seen more well dressed managers and supervisors walking around always checking on things.  Always ambling up, smiling and chit-chatting with the staff.  Made me nervous.  Must be a history of random guest chaos or something.  They should just go back into their offices and only get involved when someone has a complaint, like normal bosses do.

I’m not old and hardly selfless but given the number of “Mr. McCarthy’s” and “Thank You’s” I got  from the staff, I thought I was both.  I am darn proud not to be a Baby Boomer ( having missed that designation by a whole year thank you very much) and frankly I gave at the office, so I’m not sure why I remind you of your dad or what you are so gushingly thankful for.

Finally, I was appalled that I never saw a Disney employee sitting down or wearing anything but a smile.   Nobody had a chair  whether they were behind a desk, a booth, a counter or actually anywhere.   And smiling all the time? That’s just creepy.  Heck, I spend most of my day sitting down and hardly ever smiling from what I’m told.

Anyway, I heard Disney was conducting some kind of session at the conference about how they train their employees (ahem.. “cast members”).    It was supposed to be a “best in class” kind of session.  Yeah right.  Got it already.  Glad I didn’t waste my time going to that one. 

Till next time,

Grow The Business.

Mark

Reminders

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Apple IOS 5.0 came with a new App called Reminders.   It’s pretty cool.   It didn’t come pre-populated though with any real helpful reminders about work so I thought I would do that in case you’ve forgotten.

  • Discovering needs is dead.  Creating needs is alive and well.   Big difference folks; a huge difference.   One assumes your prospect is a helpless victim of their environment, the other presumes they are definitively in charge of where they intend to go. 
  • Have you ever heard such a hue and cry for information and knowledge before?  Consumers and businesses yearn to understand social media, global marketing, internet marketing, economics, new languages, tablet and smart phone technologies and more.  Teach people too.  Teach people and you’ll corner that market and never go hungry. 
  • It’s not like it used to be anymore.   Before you ever hear from that prospect or customer they’ve been to your website and done lots of digging already (but they won’t tell you that).  When they finally get to you- you best deliver something other and better than a screen shot rehash.
  • You can choose not to have a credible or professional web presence for yourself online but that would be unwise.  Trust is at an all time low.  People, prospects, customers, partners and employers all want to see what your brand is and what you represent before they invest in you for real.    
  • You can have too many contacts, too many followers, too many fans, too many friends.  There’s a point where your influence like it or not, looks like it’s for sale or it’s too easily given away; either way – trust deteriorates, hits the tipping point and it becomes a zero sum game.
  • Be Invaluable.  Differentiate.  Simplify.   Hard to go wrong if you do those three things.  Just a reminder is all. 

Till next time,

Grow The Business.

Mark

Email: mark.mccarthy@deluxe.com

Internal Blog: http://blogs.deluxe.com/Mark/

External Blog: https://growthebusiness.wordpress.com/

Twitter at:  http://twitter.com/GrowTheBusiness

Offline, Online and Flatline

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I love QR codes.

I really really do.

In our business they are the perfect marriage between online and offline marketing. A business comes to us and we print a QR code on that piece of paper that sends the consumer via their smartphone to a landing page we created for them.

QR codes link those 2 worlds together giving a business maximum exposure to grow their business. The value and effectiveness of both types of products by the way, just increased.

Perfect.

But now they’ve gone too far. QR codes are being engraved on headstones linking I guess 3 worlds together – real life, cyber life and now, afterlife. Folks literally can use their smartphone at the grave site and go directly to a memorial page online celebrating the life of the loved one.

Not sure we are getting into that business. But um, if you have any stone carving experience, give me a ring and we’ll talk. 🙂

Till next time,

Grow The Business.

Mark

It Never Was About You

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In business to business selling (particularly small business selling), good sales people begin to fail when it becomes about them.  

I see it all the time but I don’t mean when it becomes about being number one, or hitting the goals or maxing out on commission plans;- ain’t nothing wrong with that. 

Consider rather, the talented Sales Rep who begins with a new company or now has to sell a new product.  He or she is trained and coached to present to the small business owner not only what this product or service does for them but what it does or has done for small businesses just like the prospect they are speaking to. 

That makes perfect sense because the credibility of the solution or product obviously is not with the Sales Rep – it’s with the common customer experiences of customers that look just like the prospect.  Just like it should be. 

But then something strange happens.   

As the sales person becomes more successful, they start to believe they can skip all that “other customer stuff” because after all, they understand it all now.  They start to omit the small business statistics, the stories and the testimonials of other small businesses in their pitches.   The sales rep begins to launch into monologues about what they themselves know, what they themselves believe and what they themselves recommend.  

But the problem is “they themselves” still have comparatively little credibility with a small business prospect and frankly boasting about their time or years selling the product is a poor substitute for sharing what other small businesses are actually doing.

It’s never good to stop leveraging with other like small businesses do.  Never.   Sure, your credibility and experience counts over time but know your audience (SB’s) –  Survey after survey will show “what others do” is a highly influential variable in the sales process with small business.

If you are a sales rep who had a great start last quarter or last year but are starting to tail off or perhaps you coach sales reps that have had a great start but are fading; think hard about why.  If there’s scant reference to other successful customers and what they do, then it’s time to pretend you don’t know much about your product and sell like that again. 

Till next time,

Grow The Business.

 Mark