How To Explain What You Do In Such A Way That Your Prospects Are Compelled… Nearly Forced To Want To Do Business With You “You’ve got 15 seconds to tell me why I should do business with you instead of your competitors… Ready…Go!!” The First 15 Seconds Notes Copyright Notices © Copyright Streetsmart Marketing 2010 All rights reserved. ___________________________ ___________________________ ___________________________ ___________________________ No part of this publication may be reproduced or transmitted in___________________________ any form or by any means mechanical or electronic, including photocopying and ___________________________ recording, or by any information and retrieval system. ___________________________ The Licensee is authorised to use any of the information in this publication ___________________________ for his or her own use only in carrying out duties necessary to fulfill their ___________________________ role to the maximum. Published by: What's On In Our Backyard PO Box 34, Medowie NSW 2318 ___________________________ ___________________________ ___________________________ ___________________________ Tel: 0447 673 628 ___________________________ ___________________________ ___________________________ Legal Notices ___________________________ ___________________________ ___________________________ While all attempts have been made to verify information provided in this publication, neither the Author nor the Publisher assumes any ___________________________ responsibility for errors, omissions, or contrary interpretation of the subject matter given ___________________________ in this product. ___________________________ The Publisher wishes to stress that the information contained in this product ___________________________ may be subject to varying country and professional organisations’ laws or ___________________________ regulations. ___________________________ The Licensee must accept full responsibility for determining the legality ___________________________ and/or ethical character of any and all business transactions and/or practices adopted and enacted in his or her particular field and___________________________ geographic location, whether or not those transactions and/or practices are suggested, ___________________________ either directly or indirectly, in this program. ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ © 2010 All rights reserved 2 The First 15 Seconds The First 15 Seconds How To Explain What You Do In Such A Way That Your Prospects Are Compelled… Nearly Forced To Want To Do Business With You. Notes ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ Imagine yourself in a business meeting. You’re sitting with a group of people at one of several tables in the room, and the speaker or presenter asks for each person to stand and briefly introduce themselves to the rest of the group. ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ As each person takes their turn, you hear something like, “My name is Barry Lewis, and I work for Chevrolet.” Then he takes his seat and the next person stands and says, “My name is Cheryl Wallace, and I’m an agent for QBE Insurance.” And so it goes from person to person, and from table to table. You even find yourself doing the same thing. ___________________________ What you’ve just witnessed is one of the most common and wasted opportunities in business. It’s common, because nearly everyone does and says practically the same thing. And it’s wasted, because the person who is introducing him or her self has just passed up a perfect opportunity to let others in the room know how they can help them solve their problems. ___________________________ What’s worse, is it’s compounded by the fact that it takes place in a group setting, in front of a number of people. And that’s not the time or place to blow such an opportunity. ___________________________ Now, picture yourself meeting someone for the first time. You may be introduced to them or you may have just come together, it really doesn’t matter. As you hand the person your business card, you mention your name and explain what you do. ___________________________ © 2010 All rights reserved ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ 3 The First 15 Seconds Now stop and think for a minute. Did what you say in that situation differ from what you said in the business meeting? Did you state your name and mention your occupation? Notes ___________________________ ___________________________ If you did, you may have passed up a great chance to get in a mini commercial about yourself and the benefits you may be able to provide the person you’re talking with. ___________________________ So what’s wrong with that format anyway? Plenty, that’s what. ___________________________ You see, people don’t care at all about who you are or what you do. It may sound cold and callous, but it’s absolutely true. They don’t care what your occupation is, who your company is, how big they are, what they sell, how many locations or employees they have, or what your prices are. ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ But what they do care about is how you can help them. What kind of value you can bring to the relationship. Now granted, some people are “people” people. They just like other people and may be interested in developing relationships. That’s okay. But we’re not talking about that here. We’re talking about business situations. And in those situations, people are interested in how they can benefit from a relationship with you. It’s almost as though each person you meet has an invisible shield surrounding them that flashes the message: “WIIFM”…“What’s In It For Me?” That’s an important concept to understand. And it’s critical that you pound it into your brain until you become crystal clear about it. Not until you fully understand that people don’t want what you have, that they only want the benefits that what you have offers, can you even have half a chance to do any meaningful amount of business with them. ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ So, how do you know what your prospects… the people you want to do business with, need? Better yet, how do you know what your prospects want? It’s not enough to guess or to try and figure it out on your own. The old saying, “If you want to sell © 2010 All rights reserved ___________________________ ___________________________ ___________________________ ___________________________ 4 The First 15 Seconds John Smith what John Smith buys, you first have to see through John Smith’s eyes,” really applies here. You’ve got to get into your customer’s heads. You’ve got to walk in their moccasins. You’ve got to understand where they’re coming from, what their goals, dreams and desires are, and perhaps more importantly, you’ve got to understand where they are hurting or lacking. You see, people really only buy for two reasons: to solve a problem, or to gain pleasure. That’s it. Every time someone buys something, it’s because they have a problem they’re trying to work out or find a solution to, or they want to experience pleasure of some sort. Notes ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ Second, people will buy faster, and will spend more money, to satisfy wants rather than needs. Understand these two points, and you’re nearly half way there. The next step is to determine how you can fit in to their picture. Think about it… how do you fit in? How can what you do, what you sell, or the service you provide for others help them either solve a problem or gain the pleasure they’re seeking? Do you even know, really know what their wants are? The best way to find out what a person (or a market, for that matter) wants, is to ask them. This can be done in person, by telephone or by sending your prospects a questionnaire and asking them to complete and return it to you. Get specific. Get involved. Probe deeply. Put yourself in their places. Develop a deep empathy for their situations. Only by seeing things from their eyes can you gain the understanding you need to serve them in the most effective way. ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ Once you’ve identified what your prospect’s (or market’s) wants are, prioritise the items in order of importance to your prospect. Then, identify those you can help them solve or satisfy. Next, see if you can make the problem bigger. Magnify it. Add to it. Embellish it. Stretch it. Make it more dramatic, more painful, bigger than it really is. But don’t overdo it. Don’t make it sound so far out that it’s unbelievable or seems excessively exaggerated to your prospect. © 2010 All rights reserved ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ 5 The First 15 Seconds Now you’re ready to develop your solution. How can what you do help them? Can you take away a certain pain? Can you provide financial relief? How about mental or emotional relief? What about physical comfort? Can you help them obtain a certain pleasure or avoid unpleasantness or loss? Specifically and precisely, how can you or what you sell, offer or provide help your prospect solve his or her problems or satisfy their wants? Notes ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ Once you’ve gotten this far, you can begin to formulate your articulation statement. In other words, what are you going to say to your prospect that lets them know you can help them? And how are you going to say it in such a way that when they hear you say it, they have no choice but to say, “Really? How do you do that? I want to know more!” Here’s a template to help you get a more clear picture of the process and to help you develop your own strategy: ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ 1. Determine your prospect’s problem, hurt, need or want from the prospect’s point of view. ___________________________ 2. Enlarge, add to or magnify the problem. ___________________________ 3. Get your prospect’s agreement that this is, indeed, a problem for them. ___________________________ 4. Let your prospect know you understand their situation. ___________________________ 5. Articulate how you can help your prospect solve, satisfy or eliminate that problem by talking in terms of benefits to them. ___________________________ 6. Offer proof that you’ve helped others in similar situations. ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ Here’s how it might sound for an insurance agent speaking to a prospect who is tired of paying high car insurance premiums (aren’t we all?): ___________________________ Prospect: “Hi, my name is John Smith.” ___________________________ Agent: “Nice to meet you, John. My name is Cindy Richards.” ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ Prospect: “What do you do, Cindy?” © 2010 All rights reserved 6 The First 15 Seconds Agent: “John, you know when you pay your car insurance premiums, how they seem to increase every time, even if you’ve never had an accident or made a claim?” Notes ___________________________ ___________________________ ___________________________ (Your prospect will either nod, make a statement or at least smile acknowledging that they understand, can relate and agree.) ___________________________ Agent: (After a slight pause.) “It’s frustrating isn’t it? I mean, why should good drivers have to pay for the poor driving habits of those who are less responsible? It’s really not fair. And to top it off, it’s insulting. ___________________________ Again, your prospect will either verbally or nonverbally acknowledge that he or she is in agreement. Agent: “Well, being in the business, as well as being a consumer has helped me understand exactly what you go through when you get your insurance bills. And I don’t like it anymore than you do. “So what I’ve done, is develop a system and a process to help my clients avoid paying those high and unnecessary costs. I call it my “Personal Risk Analysis”…“PRA” for short. ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ “It all starts with my first meeting with a client when we determine exactly what their risks are, how much they can self-insure and how much will need to be covered by insurance. Then I put together a couple of plans they can choose from that solves their problems, and does it cost-effectively…without breaking the bank. It works great, and my clients’ love it. And that’s why more than 96 percent renew their policies with me every year!” Now, granted, that’s longer than 15 seconds. But what matters is not how long it takes; it’s not even what you say that’s important. What is important is © 2010 All rights reserved ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ 7 The First 15 Seconds that you capture your prospect’s attention quickly – in the first 15 seconds. And you can do this by identifying and relating to their problems. Whatever you say after that should serve to demonstrate how you can help solve their problems for them. After hearing this kind of introduction, who wouldn’t want to know more? Remember, the whole idea is to evoke a “Really? How do you do that? I want to know more!” response from them. Notes ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ This same format and process can be used with any type of business. And it can be used effectively in group situations or in one-on-one situations. You may want to tighten it up, make it shorter, eliminate a sentence or paragraph, or add another benefit or two. But whatever you do, take the time to formulate your own personalised 15-second introduction. It will be well worth the time you spend, and will reward you with a steady stream of new prospects just begging to do business with you! ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ © 2010 All rights reserved 8
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