Are You On The Right Path?

Do one thing every day that scares you.

There are a number of factors to take into consideration when prepping yourself and your company to approach the largest clients you’ll ever work with. Are You On The Right Path?

Today we’re going to start with a brief look at the three paths every business faces and show you which one is the path to success. Then we’ll talk about the mindset it takes to attract the big fish.

There are three major paths a business can take:
• Snail Speed
• Shooting Star
• Catch the Big Fish

Snail Speed
Most business owners ended up working themselves into the ground without much reward or success. This is what happens when you fool yourself into thinking you will find quick success. You may also find yourself following this path when you are afraid of change.

Shooting Star
This describes a business that shoots to the top so fast you are overwhelmed and don’t have the right resources in place to adapt. This can also happen from being overwhelmed by small clients and not taking the time to find large clients, which will sustain your business after the small client sales slow.

Catch the Big Fish
This is the path that allows you to build at a steady pace that you can manage by not allowing your customers to outpace you.

You can do this by putting these tips to work:
– Attract, keep and lock in big clients.
– Integrate “big business” culture into your company and employees.
– Acquire the expertise you need to grow.Have the courage to make changes as you grow.

Now we are going to transition a bit and talk about the “big fish” mindset. It may sound easy to just find and catch that big fish, but if you are stuck in the small business mindset, you may find it harder than you think.

Think of all the benefits of aiming at bigger clients:
• Inexpensive
• Highly Profitable
• Longevity
• Security

In order to catch the big fish, you need to believe your company can make a difference with theirs. It’s easy to get into the thought that a large company doesn’t need anything from a small business like yours, but this is entirely wrong!

Once you take a look at how big companies operate, it’s important to know which ones are the best fit with your company. One of the best ways to get in the door is by knowing someone on the inside who can put in a good word for you.

If you’re not sure where to start and feel a little intimidated about catching big fish, try our FREE test drive to get help.



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    Learn From The Big Companies!

    Let’s have  a look at how the kings of industry wine, dine and otherwise  butter up prospects.

    Most of successful professionals use a series of information based ads that build emotion and a call-to-action. These are much more effective than a standard company branding advertisements. The same principles that go into putting together a high impact (and, often, high priced) ad campaign can be adapted to fit your needs with similar results.

    Here are some ways to put together and execute a professional, effective ad campaign:

    1. Put together a short report that’ll you’ll automatically send to prospects when they contact you. This should include a short description of your business and what you specialize in. Don’t forget to include case studies, samples or other proof of your success.
    2. Develop value-oriented yellow page ads.
    3. Consider newsletters as a way of educating and informing customers about your industry and services offered.
    4. Offer a free seminar, webinar or other lecture to build awareness of your business, but make sure you make the information pertinent to your target market and find speakers who are respected and known in the industry.
    5. Buy an existing business, introduce better marketing and grow this new business faster than a “from scratch” business.
    6. Always test different versions of your ads to find the most effective ones.
    7. Use direct mail marketing to grow your business.
    8. Put together a database of previous customers and send them new information.
    9. Offer incentives such as frequent purchasing benefits, loyalty programs, referral programs or others.
    10. Approach large firms who may need your services and negotiate a deal to be their exclusive expert in your field.
    11. Offer a 24-hour information line with a regularly updated recorded message. Make this available to all past and future customers/clients.
    12. Donate time or materials to local charities to show support in your area.
    13. Offer public clinics for the general public to come along and discuss what they need that’s free and approachable.
    14. Organize seminars your customers/clients can pay to attend by putting together a high-perception value package.
    15. Approach local newspaper by offering to write a weekly column  about your area of expertise. Don’t ask for money, just a byline and bio.
    16. Develop a weekend or other destination seminar for customers/clients, not only does this give you an action-packed weekend with the most important people, it gives them a tax-deductible business adventure.
    17. Take a good seminar and turn it into written form as a home study, member site program, audio or video program.
    18. Approach large companies and offer to give seminars to their employees, investors or management.
    19. Be proactive with your marketing plan.
    20. Barter for your marketing. Offer products or services in lieu of payment.
    21. Be willing to bring in new clients, even if at an initial loss because it will likely pay off later.
    22. Regulate your marketing budget to maximize the potential income from them to hit the next year and try to push back advertising costs for the next year to offset your expenses.
    23. Make offers to target markets or target market businesses to pay them for referrals or shared databases.
    24. Offer loaner products to replace equipment that’s be repaired or refurbished.
    25. Give away something free to everyone who brings in a print version of your advertisement. This is a great way to see which ads are giving you the most bang for your buck.
    26. Continually consider what new products/services you can offer to current customers/clients.
    27. Develop a mail order division of your company.
    28. Offer a proposition to your competitors to trade customers/clients you were both unsuccessful in selling to.
    29. Use different marketing tactics as an excuse to attract new customers/clients with new offers and goodies.
    30. Offer a “you-choose-the-price” program. This is especially good for product you just can’t seem to sell.

    So, there are 30 great ways to market to other professional and businesses. Some other great ways to get your name out there for little or no cost are:

    • Get involved you in your community-volunteer, donate to local events, etc.
    • Join your local Chamber of Commerce and attend the networking and other activities throughout the year.
    • Join a local, state or regional professional associates for further networking opportunities.
    • Become a board member of a local organization.

    Advertising should never be your only method of marketing, there are a myriad of ways to get your name out there in a way that feels personal to potential customers/clients.

    “Effective advertising…must be used to get your name out to the public. If your name is not familiar to people, they will not come to you.” Jay Abraham

    If you’re not sure where you start with your marketing plan or how to reach out to your local community, competitors, customers/clients and others who could influence your business in a highly positive way, try our FREE test drive to experience the tools and resources we have to boost your business to the next level and beyond.

    Learn how to generate all the leads your business can handle and increase your sales…
    WITHOUT spending a dime on marketing or advertising.

    Photo by Craig Whitehead on Unsplash

    Turn Prospects into Customers Overnight!

    Today I’d like to talk about how to turn prospects or leads into customers and keep them on your list for future marketing too.

    While, your marketing is doing its job, and your list is growing, you need to be working on turning those leads into customers. There are a few ways to this. To have them buy your product or service and create a sale.

    To be able to do this you need to be:

    • Inviting
    • Informative
    • Enjoyable

    The biggest fear of most new customers is “buyer’s remorse“. You want to avoid this at all costs and this should be lessen or decreased when you provide a quality product/service that delivers on the marketing claims you’ve made.

    However, this “buyer’s remorse” isn’t always taken away by what you offer. There are two ways to deal with this and give your buyers a good feeling:

    • Offer to refund money-no questions asked
    • Offer a bonus they can keep, even if they return the product

    These offers alone create a feeling that the customer can trust you more, just for offering these things.

    There are number of other ways to turn a prospect/lead into a customer:

    • Offer a special price as an opportunity for you to test the market.
    • Offer a lower price with the reason of pushing inventory to pay a bill, for your kid’s’ braces, or another tangible reason. Customers love that this makes you feel so much more human.
    • Offer a referral incentive.
    • Offer a smaller, more inexpensive product first to build trust.
    • Offer package deals.
    • Offer to charge less for their first purchase if they become a repeat customer.
    • Offer extra incentives-longer warranties, free bonuses if ordered by a set date.
    • Offer financing options, if possible.
    • Offer a bonus or discount if they pay in full.
    • Offer special packaging or delivery.
    • Offer “name your own price” incentives.
    • Offer comparative data or other comparison tools.
    • Offer a trade-up or upgrade to something they already have.
    • Offer additional, educational information to help them make the decision.

    The options really are as limitless as you make it. You can use these or other ideas to find what works the best for your business, products/service and target market. Remember this…

    “By making it inviting, easy, informative, non-threatening, educational, inspiring and fun to do business with you, you’ll loft your company above the competition.” Jay Abraham

    Need help with figuring out the best strategy for converting prospects into customers? Our FREE test drive gives you exclusive access to the mountain of resources and tools, along with information from some of the greatest marketing minds on Earth.

    Learn how to generate all the leads your business can handle and increase your sales…
    WITHOUT spending a dime on marketing or advertising.

    Photo by Campaign Creators on Unsplash