Showing posts with label sales. Show all posts
Showing posts with label sales. Show all posts

Thursday, May 28, 2015

Getting Back to Basics – Part 1 – Why Marketing isn’t a One-Time Affair

why-marketing-not-one-time

I’ve noticed a problem. But, rather than complain about it, I hope to be part of the solution. And don’t worry – I’m guilty of it too. But I’m trying to change.

Here’s the problem: 

Small business owners complaining about not having enough customers, saying that marketing doesn’t work, and that they can’t afford to do marketing because they don’t have enough customers, don’t have the time, etc.

But which came first – the chicken or the egg?

Which came first, the marketing or the sale (paying customer)?

Do you see the real problem here?

It’s not really a problem of which came first, because honestly, it’s not possible to have made a sale without having done SOME kind of marketing first (even if it’s just the sign on the wall or spoken words that let the customer know about an available service or product).

In other words, people can’t buy something if they don’t know it exists to be bought.

So, the real problem is not that marketing doesn’t work, but that business owners are reacting to a lack of customers by trying a random marketing tactic, on a single occasion, and then witnessing it not having much, if any, effect on growing their businesses, and therefore proclaiming that marketing does not work.

But, what really happened?

They approached it backwards. They tried to solve an immediate problem (no customers) by doing something random, which they call marketing (and is really just a random tactic), in a last-ditch effort to get a customer. And, when it didn’t work, they assumed that, because that the one thing they tried, once, didn’t work, that marketing doesn’t work in general.

Why is this a problem?

Well, it demonstrates that these business owners have a fundamental misunderstanding of what marketing is and what function it has in a working business. It also illustrates the lack of a strategic plan and understanding of what an integrated marketing plan is and how to use one – rather than trying one thing every time there’s a problem and then and having it not work. (Or worse, having the random thing work on a small scale, so it gives the illusion of being effective.)

So, with this post (and the next few as well), I am going to go back to basics. By sharing what I’ve come to understand marketing to be; what function I understand it to have; and the relationships I understand marketing to have to branding, advertising and sales, I hope to help you to begin to see the bigger picture of marketing and begin to create your own marketing plan for your business.

If you are someone who’s guilty of doing this (like I am), I hope this post will help you gain a deeper understanding of how to use marketing more effectively. I hope it will help you open your mind and perhaps change your perspective on marketing.

If you are already a marketing expert, or are a marketing director of a company, I hope that you’ll get some new insights that could help you in your job. Perhaps a new framework, or idea, that may help you see your job in a new way.

(And if not, it’s still always valuable to revisit the basics every now and then. I’m coming to really appreciate this truth, as I am getting back into dance as an adult and am revisiting the very basics of correct placement. It’s very useful, since I have a new understanding of how my body works now and how to move it and where I feel different stretches/etc. versus when I was a kid and didn’t really understand what correct placement felt like.)

First Things First: Defining the Terms

Before I can talk about the implications of marketing, how it fits into the bigger picture of a company, or ways to approach it, we must all be on the same page about the definitions of certain terms.

Here are my definitions – based on experience, observations, books, podcasts, blog posts, webinars, seminars, courses, Googling, Wikipedia and About.com. In no particular order...

Marketing is the collection of any research, activities or communications done in order to create awareness, value, or a selling opportunity for the company’s offer and in order to create, maintain or enhance the company’s relationship to its audience as well as its emotional (brand) impact and overall reach. Marketing includes many tactics, such as paid advertising, promotional events, promotional sales (discounts), charity event sponsorships, market research, focus groups, customer service, public relations, loyalty programs, referral bonuses, social media, blogging, direct mail, websites, promotional materials, etc.

Sales is the exchange of value. Typically this means a customer pays money to receive a product, service or experience from the company to whom they are giving the money.

Advertising is a tactic many companies use in the promotion of its particular offer. In other words, advertising is one component of a larger marketing plan. Advertising involves ad creation and placement, and encompasses a set of promotional techniques companies will use in order to, over time, build awareness (branding) or generate actual sales (promotional) of whatever it is selling. Examples of advertising are: television commercials, print ads in a magazine or newspaper, or display ads, like billboards. Typically, advertising costs money. Note: advertising is a marketing tactic, not marketing itself.

Branding, as illustrated in other posts on my site, is the identity of the company. It’s what the company stands for, how it is perceived, why it exists, the experience it offers and the values it has. It’s what makes a business feel more personable, and what differentiates one company from another that offers a similar product/service. Branding is what the company is known for. (For more details on the basics of this, see this post.)

A Strategy / Strategic Plan is the organized method, or collection of steps, one uses to achieve a goal. In marketing, a strategic plan is the use of multiple specific marketing-related activities/tactics in a planned/structured, intentional and particular way, in order to achieve a marketing goal, such as increasing visibility, sales or numbers of followers/fans on social media.

Integrated Marketing Communications is the use of a strategic variety of traditional and modern marketing methods to communicate a consistent brand message in order to benefit from the unique advantages of each channel, reinforce each other and to connect with people in a variety of contexts.

Marketing… why it’s a long-term relationship, not a one-night stand

Now that we’re all on the same page about the definitions of these terms, let’s get back to the problem at hand: using miscellaneous marketing tactics (for example: promotional events, advertising, social media) as a reaction to an immediate problem (for example: no customers).

This is an issue because in effective businesses, marketing is a collection of activities, not just one thing promotion or campaign, done over time. The reason the methods that the businesses above are using are not actually helping is because they look at it as a “one and done” thing, only necessary to do when there aren’t enough customers.

But it’s not.

It’s something you have to do ALL THE TIME. ALWAYS.

And I learned this lesson the hard way.

In my first year in business, I didn’t do any marketing or sales-building activities. I had one client that was keeping me busy. I was basically working 1-6 days a week for this particular client (an online news organization). It was great… and it didn’t occur to me to do marketing.

Until one day, I was on assignment for this client, and, just as I was about to call my editor to ask if I should file my photos before heading on to the next assignment, my phone rings… It’s my editor telling me that the newspaper is no longer in business and to submit my final invoice.

And just like that, it was over.

No warning.

No prospects in my sales funnel.

No prospects on my email list. (What email list?!)

No unemployment to collect, as an independent contractor…

#%(*$%@#! What do I do next????

Clearly a random blog post, email campaign or tweet was not going to help me. Even offering sessions at 50% off wouldn’t help… because 50% off of what price? Who was I even looking for as a client?

Clearly if I’d have tried any of these random tactics, I’d have had 0 results. Why? Because no one knew who I was and those who did, didn’t care.

And besides, the real value of doing marketing comes over time. Why?

Because most people aren’t ready to buy the first time they meet you.

Therefore, we need marketing, not only to attract prospects, but also to help nurture or engage them until they are ready to buy. In other words, we need marketing to support sales.

…So, what did I do?

I got back to basics. I worked with a consultant, and a coach, to help me get confident in myself and to determine my values, mission, message and target markets, offerings, etc. I took courses and webinars, went to conferences… Attended many networking events… In other words, I invested a lot of time and money (that I didn’t have) into building my network, learning about marketing, branding, sales, etc. in order to create a strong foundation.

And now, I may not have the hugest following or as many clients as I’d like, but I’ve definitely come leaps and bounds in my understanding of multi-channel/integrated marketing, strategy and sales funnels. I’ve started building my email list and social media, and, most importantly, I understand what function each of these things has in my business and have specific reasons for each of the tactics I am using. And, each of the different things I’m doing is contributing to creating and fulfilling the larger vision and missions of my business.

And I hope that my experiences will help you be able to do the same.

So, that's why over the next few posts, I’ll continue exploring the differences in these concepts, why small businesses need them and how to apply them. Stay tuned… And, hopefully, we can tackle this problem together.

Until then, what has been your experience with this topic? Comment below to share your opinions and then share this article with someone you know who might benefit from it.

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Wednesday, November 12, 2014

How to be taken more seriously as a network marketer.

Whether you're new to direct sales or not, you may have noticed that there can be a stigma around it. You may have experienced people giving you the cold shoulder, second guessing you, and just generally being skeptical of everything you say. Does this sound familiar? Is this a problem you face when you're out talking to people about your business? Has this negative perception of your passion prevented you from making sales or adding people to your team? If so, I'm here to help you.

The Problem(s) - A Hypothesis (from personal experience) of Why This Perception is Pervasive

I'm sure there are lots of reasons why the direct sales industry perhaps has a bad rap. For starters, I certainly know plenty lot of people who are skeptical of the "pyramid" structure and believe every social selling company to be a scam. This is a valid point worth considering, however, for me, this is not the most important issue. There are other more problematic concerns. This is going to be hard to hear. I have NO interest in joining a direct sales company. I have my reasons, but mostly it because I already have a full plate with my photography business. No, I don't want to hear about the unlimited earning potential. Or the passive income. Or the freedom that comes with owning my own business. This might be counterintuitive. You might not understand how I could say no to that. And right there. That is the fundamental problem. Countless times I have been touted the benefits of joining a direct sales company. I've heard how the top earners are so successful. They have time to do what they love. They have the money to do whatever they please, whenver they want to. I've heard how it's gratifying. I've heard about the benefits of all the products and services. I've heard about the compensation plans. I've heard how the upline is always there to help. I've even heard your passion and inspiration after attending a conference with your company. But how many times has someone actually taken the time to inquire about my actual situation, my desires, my goals, my dreams? How many times have I been asked any of these questions? The Answer: NOT NEARLY ENOUGH.

Sell more: Step 1. SHUT UP!!! Step 2. LISTEN!! Step 3. SOLVE A PROBLEM!

If you've taken any modern sales class, hopefully, you've heard that rule Number 1 of sales is that selling isn't about YOU or what you have to offer, it's about understanding your customer's hopes, fears, and dreams, then lisening to find a problem and offer a solution. Convincing is not a part of selling. For example, just the other night, I was at a networking mixer for professionals and business owners. (It's not such a strange occurence. Actually, I attend quite a lot of networking events.) This particular one was more of a mixer style, in a bar/restaurant setup, where it's up to you to just go up and talk to people. Pretty standard fare actually. I met a man who was working with a direct sales company that offers health related products. I could tell he was quite passionate about what he is doing and the products he is promoting, which is GREAT! What's the problem then? I couldn't get a word in edgewise. He was so busy trying to convince me how awesome these products are and how the American diet sucks and how we need to feed our bodies on a cellular level. ETC ETC ETC. If he'd have stopped talking and actually cared to learn about my situation, he would have been able to, perhaps, present the information in a way that would have gained my confidence and intrigue. He didn't take the time to find out that I'm actually already a health conscious person, that I just ran my second half marathon, and have lost 50 lbs. He didn't take the time to learn these things and search for a "problem" that he could solve with his products. He didn't take a second to find out that I ACTUALLY have been really interested recently in exploring a more optimized sports diet, with which his products could potentially help. Instead, I wanted to run across the room. I stood, politely smiling and nodding, but in my head, searching for how to leave the conversation. DON'T LET THIS BE YOU!

Keep the passion and drive, but please, calm down.

Look, here's the thing. I get it. You are excited about what you're doing. You're excited about how the thing you're selling has helped you. And, not only that, but you may have quotas you need to fill in order to keep your business open. It's ok. Really. But if you want to start to get people to actually care, and if you want to take your business to the next level, it's high time you start to realize that 1. Selling is really about helping people - you must believe that what you're doing will help people and be motivated by that, not by "getting the sale" or the money; 2. what you're doing is a business so you need to treat it like one and learn about business strategy, marketing and sales - and preferably from outside of your company; 3. no one really cares about the company or products or services that you sell, they only care about themselves, what they are going through. That said, your job as a direct selling professional is not to talk. It's to listen. It's to relate to people. Understand what they are going through, find a compelling problem, and offer your products/service as a solution to that problem. Remember, you want to help them, and what you offer will help them. So, your job is to help them see that what you're offering will help them. Then, you have to realize, some people will never say yes, no matter how compelling the offer. Remeber that you are asking people to make a CHANGE and that brings up a lot for people. It can be uncomfortable and scary, so you must have patience and be able to connect and alleviate the fear. In order to do that, you must be trustworthy and believable. How do you do that? By listening and genuinely caring about what they have to say. It's circular. And it takes time.

How to become more trusted.

There are a lot of ways to earn someone's trust. You can read all about relationships in other places, such as "How to Win Friends and Influence People." But, honestly, if you want to begin to change the perception of direct sales, and sales in general, the first step to earning trust is to stop trying to sell people. Another way is to do your business as a professional. What I mean by that is, take it seriously yourself, and treat it with professionalism. Learn about business, marketing, branding, etc. Having an strong understanding of the fundamental concepts of business will help you do things like 1. create a mission and vision for your business, 2. develop a target market, 3. become a trusted expert. Why do you need these things as a network marketing person? Well, like I said, to become more trustworthy and achieve the success you desire in your business. For now, this post is getting pretty long, so I'll talk more about those topics in future posts. If you want to receive updates when those posts are up, sign up for email updates here. And, until next time! Thanks for reading! ABOUT WNFP Westchester Networking for Professionals (WNFP) is an organization consisting of professionals and entrepreneurs which focuses on the success of our Members. We help our Members establish lasting relationships and generate new business opportunities towards the growth of their business.
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