Is the Problem You Think You’ve Got the Real Problem?

I did some research a while back into what my clients (past, current and yet to be) were finding tough or frustrating in terms of leading and managing their business.

There were about 70-80 replies all from entrepreneurs and small business owners. When I distilled down what they said there were 8 questions that kept appearing in some shape or form.

How do I…

  • Manage the peaks and troughs in my business and maintain a consistent flow of the right type of clients?
  • Differentiate myself/my business, become known for what I do and effectively communicate all that?
  • Get in front of the right people and get them to buy?
  • Earn more and work less?
  • Balance my time between getting clients, delivering for clients and doing all the other “stuff”?
  • Keep my motivation and passion for my business?
  • Get back my passion for running my own business?
  • Take my business to the next level?

When I thought about why these might be consistent problems across the board, I concluded that part of the problem is a lack of CLARITY.

Clarity of purpose

Clarity of vision

Clarity of core products/services

Clarity of core capabilities

Clarity about who to work with and why

… And the list goes on.

One reason you need clarity for your business is that it provides a context and framework for all your business systems, structures and processes and it is the basis for your decision- making. You also need clarity about the answer to this question “why am I in this business?”

Of course there is no right or wrong way to do this. There is no one method that you must use. There are however, some principles that you might consider.

  • Have a very clear, purpose driven vision for your business. What is your Why?
  • Be honest with yourself about what you truly want not what you think you ought to want
  • Be clear and specific about what any particular element of your vision means
  • Take time to develop a clear picture of what you want your business to be about and why
  • Challenge and stretch yourself to go for what you really want not what you think might be possible given your current way of thinking or your current level of skill or knowledge

Play with the process, get creative – there is no right or wrong answer

…And remember

There is no rule that says you can’t change your mind or adapt your thinking further along the road – this is your business, your life and therefore your choice.

Create and build a business that you can be passionate about – that’s the start.

If you would value some support in helping you gain clarity, I am offering readers of my blog a focused 30 minute mentoring session with me for the special rate of £50/$75 (my usual rates are more than double that!) To schedule a session email me at success@onestepfurther.co.uk

This offer expires on the 16th March so take action now and get really clear about what’s next for you and your business.

“Clarity of mind means clarity of passion, too; this is why a great and clear mind loves ardently and see distinctly what he loves.” Blaise Pascal

 

Posted in Entreprenerial Leadership | Leave a comment

We Don’t Care that You’ve Been in Business 25 years; Help Your Clients Choose You?

Have you ever walked down a supermarket aisle and looked at the choice that is now available to you?

Take one small example – toothpaste. You can have fluoride, whitening, gum care, sensitive, whitening and sensitive, mint flavoured, protection for enamel – and the choice goes on.

How do you choose?

Your customers also have a choice when they are looking for the products or services you offer.

How do they choose who to work with?

Why should they choose you over all your competitors?

What will make the difference that will pull them towards you rather than anyone else?

Here are 3 things you can do to help your ideal customers choose you.

1. Be Clear and Specific about What Your Unique Promise of Value is

“We do this” and “we’ve been going for 25 years” and “we”re fantastic” leaves customers thinking, so what and why should I care?

People that are buying your services want to know exactly what they are buying and how what they are buying will help them. So let them know how you can solve their problems, let them know how you will help them and let them know how you are 100% right for their needs and how you differ from your competitors and why that shouldmatter to them. Attract their attention with messages that connect to them in their language. Show them why you are the right, specific choice for them. Show them you stand out.

OLD – Example 1 – “I’m a marketing consultant” (So What?)

NEW – Example 1 – “I help software companies leverage their brand to increase their profits and develop respect and loyalty in their market.” (Tell Me More)

OLD – Example 2 – “We design websites” (Yeh, you and a million other people!)

NEW – Example 2 – “ We help you attract more of your ideal clients and help you convert them quicker” (So how can you do that for me?)

2. Create a Picture

Bland presentations and rambling “pitches” are not client friendly. Think about how you can create a picture in your client’s mind of how it WILL BE after using your services. Take them into the future and describe the new situation they will be in when they have worked with you. Tell them stories about how you have helped other companies. Use metaphors, visual pictures and anecdotes to help them see what their business will be like.

If they can see it, feel it and almost smell it!!,  they are more likely to feel a connection to the outcome and therefore are more likely to want to have it.

3. Lay it On The Line

When clients are investing hundreds or thousands of pounds/dollars/euros in your services, they want to know exactly what they are paying for. They need to be assured that there are no hidden extras, no surprises and certainly no problems with working with you.

So be up front, honest and authentic about how you will work with them, what you expect of them and what they can expect of you. Be clear on outcomes, process and involvement and be absolutely sure you can and do deliver what you have agreed.

Be clear about what’s in scope and what’s out of scope and be bold in your positioning of what investment is needed to deliver those results in time, resources and money. And let them know very quickly what you can’t or don’t do – and help them find someone else who can serve them better through a great referral.

Help your clients to choose you by creating better conversations focused on them. Help them care enough to choose you by caring enough to help them choose you.

Posted in authentic leadership, Business Clarity, Entreprenerial Leadership, Small Business Development, Small business marketing, Winning New Clients | Tagged , , , | Leave a comment

But I Only Want One…

Cream teas YUM!!

We all have our favourite indulgences and one of mine is a cream tea.

A while back I had met a client for lunch and then done some shopping which had built up a little longing for something but not too much as I’d had a good lunch. I just felt like a cream tea so decided to have tea and one scone.

When the waitress asked me for my order I said, “a pot of Assam tea and a scone with raspberry jam and cream, please”

“You can”t have that”, she said

“Oh! why not?” said I

“We only do cream teas and that’s two scones”

“OK but I only want one scone, would it be possible just to have that?”

“No not really”

“That’s unfortunate as I really only want one scone because I had a big lunch”

“Let me go and ask my supervisor.”

Off she went and I pondered why on earth when scones are made separately couldn’t I just have one, was it too much to ask?

A few minutes later the waitress came back.

“You can have one scone but we’ll have to charge you for two because of the cream!”

“What do you mean?” I said

“The way the cream is portioned is for two scones. You can’t have just one scone with jam and cream.”

At this point I lost the will to live and having had a really great day until then I had a choice – go ballistic about poor customer service, inflexibility etc. etc. OR give in. On this occasion I chose to give in.

My one scone, jam and cream were delivered with an additional offering; “You can take the other scone home with you if you wish”

Customer service is a critical element of how people perceive your product and service. Service isn’t something extra, and add on or a nice to have; it is part of the end to end customer experience (to use marketing speak!) that will attract clients or not.

Customer Service is Your Product and Service not an Add On

Customers want to feel special, listened to, heard and accommodated. They can also be trusted to understand a rational approach to why you can or can’t do something but will not tolerate ridiculous internally driven processes, rules or conditions which make no sense to them.

So take a moment and consider

  • Do you have rigid packages, services and operations that hinder your clients’ ability or willing ness to buy?
  • Do you offer what you want and not necessarily what they need?
  • Do you offer your products or serves in a way which is convenient to but doesn’t’ add value for your customers?
  • Could you be more flexible?
  • Could you design your business so that it is truly customer centred?

Seth Godin says – Caring, it turns out, is a competitive advantage, and one that takes effort, not money.

So do you care enough to only give me one scone because that’s all I want?

 

Posted in Entreprenerial Leadership | 1 Comment

Are You a Good Business LOVER™?

Valentine’s day is a day for love, romance, caring, surprises, thoughtfulness and most of all selflessness.

Woo Your Clients First

Are you a selfless companion or selfish jerk when you go on a date?

We all want wooing. We all want someone to understand us, care for us and treat us in a special way.

Take a moment and recall the …

  • feeling you get when you are given a special gift or a completely unexpected surprise.
  • smile on your face when you’re sent the message crafted solely for you.
  • joy you radiate when the one you love reciprocates and gives you exactly what you want.

Now imagine your day to day business.

  • How can you take these qualities and apply them to the clients you love?
  • How can you use these qualities to attract that special client?
  • How can you say “Be Mine” and only mine forever?

The attraction principle is one way and you can use the LOVER™ principles to start your wooing!

Look Like

  • To be able to attract your ideal clients, you need to already know what they look like – their specific profile
  • You need to have a clear vision of who they are & what they do
  • Understand what defines them as an ideal versus a non-ideal client.
  • Is your passion for working with them all consuming!

Objectives

  • What is their vision for their business?
  • What objectives are they striving to achieve?
  • What do they need to meet their business goals?
  • Do you have shared objectives at most levels?
  • Think about them, be interested in them and get underneath their skin.

Be interested in what is REALLY important to your customers

Values

  • What is important to them in how they achieve their business objectives?
  • What are the core values that guide how they lead, manage and operate their business?
  • How aligned are you with these core values and do you have that basic connection with them?
  • Do you have a basic chemistry on which to get to know each other better?

Expectations

  • What are their expectations of potential suppliers and partners?
  • What is most important in how and what you deliver for them?
  • What turns them on?
  • What turns them off?
  • What is their equivalent of leaving the top of the toothpaste or not putting the toilet seat down!! (Sorry guys but you know that drives us ladies mad)?
  • Do they expect close contact or will they take a while to get to know and embrace you completely?

Respect

  • What will fuel their trust and respect for you?
  • Are you in lust or love?
  • Are you a fly by night, one night stand out for all you can get or are you in the relationship for the long run?
  • How can you learn what is important to them?
  • How can you deliver value, service and commitment quickly to gain their respect and trust?

LOVER™’s woo, court and create a connection with potential partners.

Business is no different.

Become a business LOVER™ and may all your relationships be long lasting, fulfilling and leave you with a sense of mutual, respect, contentment and of course profit!

Posted in Business Clarity, Joint Ventures and Strategic Alliances, Small business marketing, Winning New Clients | Tagged , , , | Leave a comment

Do You Get It or Are You a Networking Piranha?

Have you ever been at a networking event and been cornered and talked at by the “it’s all about me” person from hell?

I recall one such event at which I was the guest speaker.

Don't Be a Networking Piranha

During the pre lunch networking I introduced my self to 2 people who were in conversation; well it wasn’t exactly a conversation. It was more like one person being bombarded with a sales pitch by the other.

The lady being bombarded by this networking piranha, was clearly uncomfortable, clearly not in a buying mood and was ready to welcome anyone into the group, just to get out of the line of fire.

The man trying to pitch his wares was oblivious to anything but his motivation to sell. All he was concerned about was getting out his pitch and laying on the supposed benefits of what his company could do. (wouldn’t have been as bad if he’d taken the time to ascertain whether the lady actually needed what he was selling!)

The lady very subtly turned to another gentleman who had appeared by her side and just ever so slightly turned towards him and started talking to him. To my amazement the “seller” just ignored this and started his whole pitch again on me – the wrong person to do that too!

I asked what he hoped to get from the event and he looked both stunned and bemused. “I want to sell our services and get some new business. Isn’t that what everyone wants?”

Well I had a choice I could either beat him over the head with a big stick, ignore him, let him waffle on or suggest that perhaps a first conversation with someone you have never met at a networking lunch, might be about more than a sales pitch.

Luckily I didn’t have to make that choice as we were called for lunch.

Unfortunately the seller was also at my lunch table along with the event organisers and he spent most of the lunch moaning about how this type of event consisted mainly of solo professionals or small companies and he needed to speak to larger companies because they were the ones that could afford his services. And I quote “no one here is buying from me, why don’t you get larger companies to these events so I have better chance of getting some business?”

The organiser tried to be diplomatic about her answers but the guy was clearly – again – oblivious to any other point of view.

Networking is about building mutually beneficial relationships

My talk that day was how to attract your ideal clients which included the topic of networking. What a great opportunity to mention some key networking criteria and to be a bit of a devil at the same time.

  • A networking event is only the start of a process
  • Networking is about creating relationships and starting a conversation
  • Networking is not about blatant selling
  • Networking is about helping others
  • Networking is not only about who is at the event, it’s about who people at the event might know
  • Networking is not a one off activity
  • Networking takes time to develop into business or mutual benefit
  • Networking is only part of your marketing activity
  • Networking events are for listening and learning
  • Networking is about getting to know people and building mututally beneficial relationships

This guy clearly didn’t get it and what was really interesting was that the organiser came up to me after my talk, thanked me and said. “Did you make those points on purpose because of the way that gentleman sitting at our table acted?”

So I wasn’t the only one who thought he didn’t get it then!

Posted in Entreprenerial Leadership | 1 Comment

Do You Waffle Your Way Out of Business?

  • Do you waffle your way OUT of business?
  • Do you drone on about how great you are or how great your services are?
  • Do you focus so much on trying to get your message across that you don’t listen?

Help Cients Make Choices by Being Clear

If you think this might be you, even on some occasions – read on! Your clients and your potential clients are;

  • bombarded with information.
  • surrounded by an abundance of products, services, knowledge and people.
  • overwhelmed by all of the above.
  • Fed up with people trying to persuade them to part with their time, money and soul!

So how can you be different? What will enable you to get the business on your clients’ terms?

Here are 3 factors to consider – Clarity, Connection and Specialism

CLARITY

“…the most persuasive evidence of people’s expertise is the clarity with which they communicate” Harry Beckwith

When you are speaking with a client/prospect, be clear about what you are about; be clear about what differentiates you and be very clear about the results you can deliver in line with the problems they need solving.

  • Speak in language that is non-jargon, non-clichéd and is clear and to the point.
  • Speak in stories and pictures sometimes, as you describe what’s possible for your prospective clients
  • Speak in linear terms as you describe a process you will carry out.
  • Speak in terms of the emotional needs that you can address.

In whatever manner or medium you communicate, be clear. To do this effectively, all the time, you need to be clear yourself about purpose, message and outcome from the meeting/phone call/marketing collateral. If you don’t have clarity it’s certain your prospects and clients won’t.

Create Connection Though Attraction

CONNECTION

Create a connection with your clients. If you woo them then ignore them you may have short term business but not a long term relationship. Simple things to stay in touch are not expensive or time consuming but they are effective and help your clients feel valued.

  • A short “how’s it going” phone call – when you don’t have anything to sell!
  • A quick “thought you may find this article interesting” email
  • An invitation, introduction or complementary gift goes a long way to keeping you in touch with your clients, maintaining the relationships and if and when new opportunities come up who do you think they will most likely talk to?

SPECIALISM

As more and more people set up in business, competition grows – unless you create a niche specialist offer or service. For entrepreneurs, the ability to win great business consistently means getting known.

How do you get known?

By being a specialist; by being great at one or two things.; by being THE person and THE business that does X. Specialism is the way forward. If you try and be all things to all people a number of things happen

  • prospects get confused about what you do
  • prospects are not sure what you’re REALLY good at
  • prospects find it harder to choose
  • prospects have too many messages to cope with
  • you get less business

If you offer too many services or say you can do too many things, there is a danger that you do nothing well and spread yourself and your resources thinly. As you try to cope with every demand, request or “whim” from any potential client,  you can come across as desperate for business and when that happens you decrease the confidence a prospect has in you. That in turn decreases the liklihood of them giving you their business.

Whilst it may be hard to turn down business, it shows you know what you are about and your prospects will recognise that. Steve Jobs said “I am most proud of the things I said no to”

To complement your specialism you need to collaborate with other specialists that can support what you do or take business that you are not a specialist in. Forming strategic alliances is a good way to manage this.

“… first recognize that you are selling a relationship rather than competence and advice. You must win the person to win the business, and you must keep winning the person to keep the business.” Harry Beckwith

I have been working on gaining clarity about what me and my business are about and having got that, life is much simpler, more fun AND I also find it easier to determine what to say yes to and what to say no to.

Here’s what I’m about

Purpose – Create a world of accountability and contribution to elevate possibility for everyone.

Vision – Create environments where people flourish so that they can confidently make their unique contribution to the world.

Mission – To create CABINS that service mind, body and soul, generate sustainable profit and value and energise people to create and expand a cycle of learn, share and build.

Talents

  • Inspiring people to engage
  • Facilitating individual and group development for personal and professional growth
  • Being a “supportive poke in the eye” to challenge the status quo
  • Creating new ideas and possibilities
  • Seeing clarity where others see confusion

Services

  • Mentoring – entrepreneurs/small business owners and professionals to explore, discover and have the courage to live their purpose, on their terms
  • Mastermind – facilitation of small groups of entrepreneurs and small business owners to create expanded personal, professional and business growth, development and opportunities
  • Speaking – entrepreneurial leadership, authentic leadership, mastering time, energy and effort for greater personal leverage, efficiency and happiness

So what about you?

This week focus on how you can win new relationships through clarity, connection and specialism and why not share your purpose, vision, mission, talents and services with our community at my facebook page http://www.facebook.com/1stepfurther

Posted in Entreprenerial Leadership | Leave a comment

Get Back to Your CORE: From Overwhelm to Focus

As an entrepreneur and small business owner, you can often feel that you have to do everything in your business and do anything your clients ask. This lure to please and do something can be very compelling at any stage of business growth.

Overwhelm and frustration are not attractive!

This can soon lead to loss of focus, feelings of overwhelm and a sense of confusion. AND if you are unfocused, in overwhelm and confused you will, consciously or subconsciously, project this.

Would you be attracted to a potential supplier or business alliance that portrayed these symptoms?

So what can you do to be focused, in control and clear at all times?

Go back to the CORE of your business.

C – Central Elements

  • Your business vision – the bigger purpose you want your business to be about
  • Your niche – the specific client profile you want to work with
  • Your key skills/knowledge/talents and the things you enjoy doing

Focus on what's CORE to you & your business

O – Objectives

  • Your 3 year, 1 year and 90 days goals
  • Why these goals are what they are and how they will deliver your business vision
  • Your monitoring and measuring processes for your goals – how will you know you have achieved them?

R – Refocus

  • What are the main problems your niche has that can be addressed using your skills?
  • How do you want to spend your time, in the context of your business vision and what you enjoy doing?
  • What needs/must be done for you to achieve your business vision and still have time for a life AND that you don’t want to or don’t need to do your self?

E – Engage

  • Plan your activity to deliver your 90 day goals
  • Employ/contract other people to deliver what you don’t want to or need to do
  • Schedule a meeting with your self 90 days ahead to revisit your CORE activity and adjust if necessary

You are not superhuman.

You are not a specialist in everything.

You only have 1 life, made up of days that will only ever have 24 hours in them.

How and on what you spend your 24 hours each day is 100% down to you. Your choices will have consequences – some positive some not so positive. Not making choices will also have consequences

So go back to the CORE and if need be, make different choices

Your future Your choice

“What comes first, the compass or the clock? Before one can truly manage time (the clock), it is important to know where you are going, what your priorities and goals are, in which direction you are headed (the compass). Where you are headed is more important than how fast you are going. Rather than always focusing on what’s urgent, learn to focus on what is really important.” Anon

For regular insights, tips and tools to help you develop your business and entrepreneurial leadership sign up for Leadership DNA. This is my free monthly ezine specifically for entrepreneurs looking to build a business with purpose and passion. You will also get my 7 part video series Transform Your Business Blind spots into Business Boosters.

Posted in Entreprenerial Leadership | Leave a comment

Have You Gone Niche Yet?

“Nothing can add more power to your life than concentrating all your energies on a limited set of targets.” Nido Qubein

Whether you are in big business,  a sole trader or an entrepreneur, your ultimate success, from a financial perspective, comes down to profitability. Turnover is all very well but it’s profit that matters. Profit = revenue – costs.

In order to generate a good profit you need to have the “right” kind of clients and minimise your costs. I make no apology for stating the obvious because I have found that although it seems obvious when I ask people who their ideal clients are they can’t tell me or they say anyone! And as you know “anyone with a pulse and a chequebook” is not the right answer to who are your ideal clients?

The future for entrepreneurs, in an ever growing and agile market, is to discover and dominate a niche and then allow a tribe within that niche to emerge and help lead your business opportunities. Help them pull you to create great products and services and stop pushing your so called great ideas onto a world where no one wants them.

Build Your Tribe by Going Niche

So why is it so important to “go niche” and know who your tribe of ideal clients are?

Trying to be all things to all people doesn’t work.

  • You are not a specialist in all areas and therefore can’t successfully serve everyone well.
  • You need a focus for all you sales and marketing efforts.
  • Once you develop a specialism for successfully serving a niche you become known by more of the same type of people and your tribe grows.
  • When you run your own business you only want to work with people you like, trust and respect and who like, trust and respect you – don’t you?
  • Trying to be all things to all people is not an effective or successful strategy. It just puts you in the “me too” category and unless that is your intention – and I accept for some people it may be, you need to get focused. You need to define your niche and become a specialist problem solver and opportunity provider to that niche.

There are many ways to define your niche and build your tribe and there are many marketing books, courses and gurus that will tell and show you how.

However, here are some simple starter questions you may like to consider. They focus first and foremost on what YOU want. When you run your own business, as many of you do, you can choose who your ideal clients are and how you work with them.

  • Who do you want to work with and why?
  • What are the problems you want to solve for your clients?
  • How many clients do you want to work with in a month or a year?
  • How much revenue/profit do you want to generate form those clients?
  • What criteria do they need to meet before you say yes?
  • What will make you say no?
  • What are the criteria you will use to prioritise clients?
  • How will you “sack” clients?
  • What are the socio/demo/psycho graphics of your ideal clients?
  • Where will you meet and connect with them?
  • How will you turn interested observers into loyal members of your tribe?

Once you have defined the ideal member of your tribe use this simple test to qualify that you actually have a viable niche market.

  • Can you find them?
  • Are there enough of them?
  • Do they have a problem worth solving?
  • Do they have the money to pay?

(Acknowledgement to Chris Barrow of  http://www.coachbarrow.com)

…and most importantly do you have any interest in and passion for working with that group of people?

So I challenge you this week to take one step further towards going niche and set yourself the task of defining the top 5 criteria by which you select/will select your niche and ideal clients.

When you’ve done that, share your niche, the opportunities you create and the problems you solve for them on my facebook page http://www.facebook.com/1stepfurther

Let go of the masses and be the leader of your tribe so that you can reap the rewards they bring to you.

Posted in authentic leadership, Business Clarity, Entreprenerial Leadership, Small business marketing, Winning New Clients | Leave a comment

The Lean Business: Could Your Business Do with Going on a Diet?

Over the Christmas and New Year break I read The Lean Start Up: How constant innovation creates radically successful businesses by Eric Ries.

I was involved in the start up of a lean enterprise consultancy for a few years, so I was intrigued to read about some of the principles that so easily transfer from traditional manufacturing, operations and supply chain to the agile, uncertain and creative world of the entrepreneurial start up.

Picture courtesy of Michelle Meiklejohn

Ries takes the principles of lean thinking and adapts them to the world of the startup business.

As we enter a New Year we have a choice; to be negatively affected by the doom-mongers and be victims of circumstance or see a world of opportunity, possibility and challenge.

To be entrepreneurial leaders in a world of opportunity means being willing to take risks, do things differently and let go of outdated and unhelpful beliefs about how things should be. Times change and the agile entrepreneur can capitalise on new possibilities by being agile and creative in their business thinking.

Applying some of the principles of lean thinking to your business – micro, small or large -  might be one way to create more value, cut costs and better leverage your current business model. And of course this applies whether you’re starting out, taking stock or ready to grow.

As you may know, one of the principles of lean thinking is eliminating waste – but that’s not the whole story (If you’re not familiar with lean thinking and want to learn more I suggest a great first book would be Lean Thinking by James Womack & Dan Jones).

Organisations – big or small – that focus solely on eliminating waste – which so often only means wholesale cost cutting – miss the point.

photo courtesy of digital art

Consider first focusing on identifying value in the eyes of your ideal customers. Quite often what you might think is of value, your customers couldn’t give two hoots about; and what your customers value, you haven’t been willing to invest in, have ignored or are just ignorant to the fact. In addition the attachment to a great idea can often be the downfall of a small business – great business ideas are only great business ideas if someones wants them and is willing to pay for them!

One of Ries’s main principles in his book is the build, measure, learn feedback loop. Ries says that the aim of a start up is different from an established business. He warrants that a start up’s function is to decide through validated learning – not what products and services to create, but what business model to build that is sustainable.

To do this entrepreneurs need to create a robust build, measure and learn feedback loop. This starts with launching a “minimum viable product” out into the market to measure viability. This should be done before planning big launches, whizzy marketing campaigns, feature enhancements and “value add” benefits.

The elimination of waste for the lean start up is in effect not wasting time, money energy and resources on a service or product that no one wants, needs or will pay for. And in addition making sure that product number one is not a one hit wonder and incapable of sustaining a profitable business over time.

So for 2012, a year in which you might be thinking of starting up a business, are ready to take your current business to a whole new level or considering leveraging beyond your current business, perhaps you can learn something about the world of lean enterprise and start with the big question

What is true value in the eyes of my ideal customer?

Posted in Business Clarity, Entreprenerial Leadership, Profitable Thought Leadership, Small Business Development | Tagged | Leave a comment

Objections are Needs Not Yet Clarified

Objections are simply needs you haven’t clarified – yet

So many people are worried about handing objections that their focus is a negative one.

I am not saying you won’t get objections or that they should be ignored. I am saying think about them differently and you may get different results.

Of course there is no right way or wrong way – just a way that works for you to get you the results you need.

So think of objections as needs you haven’t clarified – yet.

Objections are only hurdles if you think they are

For example;

Objection: the price is too high

Possible reasons for the buyer thinking the price is too high

  • An excuse when the buyer can’t or won’t make a decision
  • Other people have quoted less and all the buyer is focusing on is bottom line price
  • The buyer has a budget, which is lower than the price you quoted, with no authority to negotiate

(There may be many more reasons too)

Possible Reasons this has been raised at all

  • You have focused on price and not the value and benefits to the buyer
  • You haven’t addressed price/budget fully in your needs analysis stage
  • You have “heard” price is the issues when it’s not the REAL issue
  • You believe your price is too high

(There may be more reasons for this too)

So how might you limit the objection being raised in the first place? One way is to

  • Identify what’s important to the buyer – personally and professionally i.e. what will motivate his/her decision to buy/recommend/refer
  • Check the parameters and ranking of what’s important, with the buyer i.e. is X more or less important than Y
  • Clarify what you have heard by replaying it back to the buyer i.e. “you said this which I understood as that. Is that correct?”

There are many training courses designed to help you handle objections by. Of course you could save your money and time simply changing your mind set from one of What objections might I get?”to “how can I make sure I listen well and address my clients needs as fully as I am able?”

Focus on what you can do and the positive way you can help and not on the negative assumption that any question is an objection in disguise.

Discussing what works with other people and how you might approach people and situations differently may help find what works

“A desire can overcome all objections and obstacles” Anon

So look for or create the desire to buy, in your ideal clients and perhaps many objections will no longer exist.

So what do you think? Leave a comment and join the conversation.

Posted in Business Clarity, Entreprenerial Leadership, Small Business Development, Small business marketing, Winning New Clients | 1 Comment