Wednesday, June 27, 2012

Are You Tired of Being Out Priced by the Competition?

Frustrated woman at meetingAre you losing business to the competition because they’re coming in at a lower price? Are your competitors telling the prospect they have the same exact product as you but for less money? This can be very frustrating when you know your product is superior yet the prospect is buying from them and not you.

If you’re nodding your head yes to these questions, then you’re not alone. Being “out priced” is happening more often now as people are being cautious about their spending. Yet, if you go into your local shopping mall or supermarket, you’ll see crowds of people buying. They still need services and are willing to pay for a quality product.

Today’s consumers have become more educated about buying with all the information available to them. They now have more knowledge about products than many of the people selling to them. You can no longer simply communicate information about your product and expect you have the sale.

Although you truly know in your heart your product is the best, there’s a lot more competition out there. You have to be willing to go the extra mile. You have to show them upfront the value they’re getting.

This means meeting face-to-face with the prospect to uncover their pain, identify the solution, show them how you’ll implement the solution, and how you and your product stand out from the competition.

Here are 4 steps to show the value the prospect receives from buying your product:
  1. Uncover the pain: At your first meeting with prospects, help them to define a problem they may not fully understand or know they have by asking questions. Questions like “What’s your biggest challenge? What’s not working as well as you’d like it to? If you could wave a magic wand, what would you like to see happen differently in your business?”
  2. Identify the solution: Help prospects identify a solution they didn’t know was available to them. Based on what they’ve shared with you, let them know the solution you have that will resolve their problem.
  3. Present the solution process: Present and explain how you will implement the solution for them. Walk them through the all the steps, so they understand how the process works. Remind them of all the benefits they will experience after the problem is gone.
  4. Differentiate yourself from the competition: Explain what makes you unique in the service you provide. Let them know what you do for them that sets you apart from your competition. This is where how and what you say really matters the most. Be willing to freely and powerfully say what makes you stand out from the others. People want to work with people who are confident and make them feel safe with and they can trust. You will win over the prospect when you speak authentically from your heart!
Yes, in some cases, low pricing will win out no matter what. Do not dwell on those situations…just move on. There are many people out there who want and need your product and are willing to pay for it.

If you liked what you've read and want help in applying these steps to your business, I invite you to take your first step by signing up for a Breakthrough Strategy Session with me. If you're stuck in your business or frustrated you're not bringing in more sales, please stop suffering and call me. There is a solution! I will walk you through a step-by-step process that will give you clarity about the direction of your business, create a 180-degree turn around in your thinking about sales, and move you forward quickly. I will personally give you my one-on-one breakthrough strategies that fit you and your business.
Click here to learn more
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If you would like to use this article on your website, or for your own ezine, not a problem; however, there’s one thing you MUST include: Rochelle Togo-Figa, The Sales Breakthrough Expert, is the creator of the Sales Breakthrough System™, a proven step-by-step sales process that will help you close more sales, sign on more clients and make more money with ease and velocity. To sign up for her free sales articles and teleclasses on closing more sales, visit http://www.salesbreakthroughs.com/.

Thursday, June 7, 2012

Break Out of Your Comfort Zone and Break Through in Your Business!

Breakout of Your Comfort ZoneDo you have some great ideas to grow your business, but when it comes time to taking action, you suddenly come up with all the reasons and excuses not to do it? Do you find yourself lit up with a new idea that you can’t wait to implement? But, then your fears come up and you decide you’re not quite ready yet to go forward.

If any of this sounds familiar to you, you’re not alone. I’ve experienced the same thing. Most recently at Ali Brown’s workshop I had some big “aha” moments. I wrote down many new ideas, but when I got back to my office, I began to find excuses to put off taking the plunge and breaking out of my comfort zone. I had thoughts like “what if it doesn’t work, this is too expensive, I don’t have the time.” These are familiar thoughts I’ve had before that have kept me stuck.

What I notice about Ali and other successful entrepreneurs is when they have an idea, they don’t sit on it for months or even years, they get into action and quickly implement it. They have no idea if it’s going to be a success or failure but have the courage to try it out anyway. They have their share of failures, yet they don’t let that stop them.

The one thing most successful entrepreneurs have in common is that when they come up with a good idea, they don’t analyze it to death or wait until it’s perfect, they just do it!

I walked away from the workshop with several great ideas, but a couple of the most valuable “a-ha” moments I had was to “stop waiting until it’s perfect, just do it now!” I also know if I’m left to my own thoughts, I’ll come up with lots of reasons not to do things. So I set up a support structure and will be joining a Mastermind Group that will hold me accountable to doing what I said I would do.

Here’s what I learned about breaking out of my comfort zone:
  1. When you create something bigger in your business, it’s not unusual to think of all the reasons it won’t work.
  2. When those reasons come up not to do it, and those reasons will come up, do it anyway.
  3. Successful entrepreneurs quickly implement ideas.
  4. Create an accountability support structure to keep you in action.
  5. Don't wait for it to be perfect…just do it now!
If you’re ready to break out of your comfort zone and take your business to the next level, here’s 8 easy steps to help you build your best year ever.
  1. Write down one BIG idea you know you should be working on now. You know it’s the one if you get excited and nervous at the same time.
  2. By fulfilling that idea, write down what will it give you in your life? As you write the details, be as specific and vivid as you can because the more you can see yourself doing it, the more real it becomes for you.
  3. Write all the thoughts you’re having that could keep you from implementing your idea. Then take that piece of paper, rip it into tiny pieces and throw it away! You’re now free to pursue that BIG idea!
  4. Write down the due date you will implement your idea.
  5. Write down the action steps that will help you implement your idea.
  6. Find a colleague or a friend to be your buddy and hold you accountable to implementing your idea?
  7. Work with a coach, or find a group of like-minded entrepreneurs or colleagues and form your own mastermind group. Together you can guide, support and hold each other accountable to implementing the idea.
  8. Now, get your butt into gear and take action, or it's just another good idea!

If you would like to use this article on your website, or for your own ezine, not a problem; however, there’s one thing you MUST include: Rochelle Togo-Figa, The Sales Breakthrough Expert, is the creator of the Sales Breakthrough System™, a proven step-by-step sales process that will help you close more sales, sign on more clients and make more money with ease and velocity. To sign up for her free sales articles and teleclasses on closing more sales, visit http://www.salesbreakthroughs.com/.

Thursday, May 24, 2012

When You Open Your Heart, the Clients Will Come

In a teleseries I led one of the topics that made the biggest impact for the group was how to powerfully share their personal story with their audience.

Woman SpeakerAs I thought about this topic, I realized sharing your personal story is not only for when you speak to an audience, it has the same powerful impact when you're meeting with a prospect or a client. When you're willing to open up your heart and reveal who you really are to people, they feel instantly connected to you.

We all have a personal story to tell about our journey through life. Many of us had to deal with challenges at different times in our lives. Your personal story has made you who you are today. The people who inspire me the most are the ones who freely share their personal story of struggle and victory with us.

Oprah Winfrey has openly shared about the struggles and abuse she overcame growing up to become one of the most powerful women in the world. We listen to her story and what she’s accomplished, and we’re inspired to follow our dreams.

Sometimes we cover up our story because we want others to think we have it all handled. But most of us have had to overcome something along the way. In fact, the challenges we’ve had to deal with make us the person we are today.

When you’re willing to share the struggles and challenges you’ve faced, people are quickly drawn to you because you’re being authentic. They can easily relate to you because they see you’ve had similar challenges.

One of the most powerful assets you can use to attract more clients is sharing your personal story. When you share your personal story about how you overcame your challenges, you provide them with inspiration that THEY can do it too!

The easiest and fastest way to draw people to you is when you authentically share yourself. Start your talk by sharing a personal story of how you became who you are today. When you share something personal about yourself, they feel more connected to you. You’re showing them you’re no different than they are. They can relate to you more quickly through your story and that’s going to draw them to you.

Show your vulnerability by speaking about your struggles, how you overcame your challenges, and the life lessons you learned. We’ve all had to deal with personal and professional challenges in the course of our lives. When we hear true stories of courage and victory, we’re inspired and believe we can go after the things we want too.

They listen to your story and what you’ve overcome, and say to themselves “If she or he did that, so can I!” I’ve had many people come up to me after I’ve shared my personal story of overcoming breast cancer and how it changed my life, and tell me how it’s inspired them.

Tell your story vividly and specifically. As you tell your story, speak in the present tense. Share your story as if it’s happening right now in the present moment. Convey excitement and enthusiasm using gestures, facial expressions, and inflection as you describe your story. What leaves the strongest impression is how you look and sound. People will walk away remembering what they’ve seen and heard.

I saw Suze Orman, the financial guru, speak at a conference. As soon as she walked on stage, she connected with the audience. She was down to earth, funny, and knowledgeable. She shared how she grew up in a poor Chicago neighborhood, worked as a waitress for several years making only $400 a month. She shared her personal story with such authenticity. She had everyone sitting on the edge of the seats listening to every word she said. And, after she spoke, there was a long line of people waiting to buy her products.

I invite you to start writing your personal story now, and start sharing it with others.

Remember it is...Your Story!

If you would like to use this article on your website, or for your own ezine, not a problem; however, there’s one thing you MUST include: Rochelle Togo-Figa, The Sales Breakthrough Expert, is the creator of the Sales Breakthrough System™, a proven step-by-step sales process that will help you close more sales, sign on more clients and make more money with ease and velocity. To sign up for her free sales articles and teleclasses on closing more sales, visit http://www.salesbreakthroughs.com/.

Friday, May 11, 2012

Let’s Beat Out the Competition Once and For All

Have you ever lost the sale because the prospect decided to go with your competitor? In the world of business, there will always be other businesses competing with you for your customers.

Is there a way to decrease losing business to the competitor and increase the chances of them choosing you? Absolutely! It starts with knowing, understanding, researching, and learning from your competitors.

Here are 8 steps to help you learn more about your competitors:
  1. Identify who your top competitors are.
  2. What services they offer.
  3. What services they do not offer.
  4. How much they charge.
  5. Who they target their marketing to.
  6. How they find clients.
  7. How they position themselves in the marketplace.
  8. What their strengths and weaknesses are.
Invest some time in studying and learning from your top competitors, especially the successful ones.

After completing Steps 1-8, you can now identify, create, and offer new ways to present your product that your competitor isn’t doing.

This includes offering services they're not offering, creatively packaging your fees and services, providing benefits they don’t, finding ways to better market your services, and positioning your services against their strengths and weaknesses.

Let me say a little bit more about “strengths and weaknesses.” An effective way to learn about your competition in depth, and position yourself against them, is to do what is called a ‘SWOT” analysis. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.

There are many ways to uncover information about your competition for their SWOT analysis. Here are a just a few:
  • Search the company website. You’ll be surprised how much you can learn about them.
  • Walk into their place of business, or have a friend walk in, and be a potential customer. Observe how they help you and ask questions.
  • Ask them to send you their marketing or media kit.
  • Sign up for their newsletter or ezine.
  • Use Internet search engines to find out information (google.com).
  • Look in local newspapers or trade magazines.
  • Interview their past clients.
  • Use a business website (hoovers.com) to learn about the financial state of the company.
You’ve now done your research and have enough information about the competitor to create their SWOT analysis.

Every company and person has strengths and weaknesses, including you. It’s just as important to know your strengths and weaknesses as it is to know your competitors. You’re in a better position to sell against the competition if you have a clear picture of how you compare to them.

The next step is to create your S.W.O.T analysis for your business. Now take both S.W.O.T. analyses and compare them, survey the similarities and differences, and think of new ways to market your business. For example, you may have noticed they offer lower prices. Look for creative ways to repackage your pricing. You could offer a payment plan, lower your prices by removing a service, or offer a special discount for a limited time.

With all the knowledge you’ve gathered, you now have all the confidence you need to powerfully differentiate yourself and win over the business.

ASSIGNMENT:
  • Create a S.W.O.T. analysis (Strengths, Weaknesses, Opportunities, and Threats) for a competitor and do the same for yourself.
  • List 3-5 ways you could market your services that would take full advantage of your competitor’s weaknesses.
If you would like to use this article on your website, or for your own ezine, not a problem; however, there’s one thing you MUST include: Rochelle Togo-Figa, The Sales Breakthrough Expert, is the creator of the Sales Breakthrough System™, a proven step-by-step sales process that will help you close more sales, sign on more clients and make more money with ease and velocity. To sign up for her free sales articles and teleclasses on closing more sales, visit http://www.salesbreakthroughs.com/.

Friday, May 4, 2012

The Sales are in the Follow-Up

ChartmanOne of the most effective ways in getting more business is following up with the prospect. Sadly, 80% of sales opportunities are missed because people do not follow up consistently. Studies have shown that most prospects, who do not buy short-term, usually make a purchase within 12 months. When they make the purchase, it's going to be with the person who stays in touch with them on a consistent basis. Prospects do business with people they know, trust, and who understand their needs.
Some of the reasons salespeople don't follow up are:
  • There is no organized system in place.
  • They're afraid they'll appear too pushy.
  • They're afraid they'll be rejected.
  • They don't know what to say.
  • They call once or twice, and move on to the next thing.
Here's the good news—although for some of you it may seem like bad news! It takes 7-10 follow-ups to close the sale. Yes, that's the truth. So if you're routinely giving up after 2-3 tries, you're giving up way too soon. They may not be ready to buy from you now, but if you remain fresh in their minds you'll be the one they'll buy from when they are ready.
Here are 6 easy and simple ways for turning follow-up into sales:
  1. Create Follow-Up Systems
    Select a follow-up system for tracking your accounts that works for you. There are several systems that help you track your accounts efficiently and effectively.
  • A personal computer. There are contact management programs designed for organizing and tracking your accounts. ACT, Goldmine and Outlook have contact management programs.
  • A notebook. Use a single sheet in your notebook for each client and enter the dates of your calls along with notes. Keep your top 10-20 hot prospects in the front of your notebook, alphabetized by client name.
  • The old-fashion tickler system. Set up your folders numerically by dates starting with 1-31. Use a single sheet for each new prospect, and write down the name, phone numbers, address, email address, and any pertinent notes about the account. Then file it in your tickler file system by date of your next contact with them.
  • A business card file. Although the space is limited, you can write tiny notes on the card. The card file can be used before information is entered on computer.
  1. Follow-Up Sales Tools
    It's pretty standard to use the telephone and e-mail for those 7-10 follow-ups with a prospect. Begin to embrace other ways of staying visible to the prospect over a period of time.

    Some other tools that work are sending letters, faxes, brochures and literature. Be creative and use testimonial letters from satisfied clients, invite them to a seminar or to lunch, send them a small item with your company name printed on it, or if appropriate, give tickets to a sports event, the theater or a seminar.
  2. Touch Base Email
    It may take 7-10 touches to close the business, so don’t give up. Writing a “soft” touch base email is a non-pressure way of letting prospects know you’re thinking of them.

    Email the prospect you are thinking of them. Remind them they did express interest in your product or service. Let them now you’d be happy to meet and specify a time you’re available to talk. Let them know if they’re not ready that it’s perfectly fine with you, and you’re there for them when they are.
  3. Personalize Your Follow Up
    There are numerous ways to personalize your follow-up contact with the prospect. You can write a hand-written note thanking them for the meeting, or inviting them to meet for coffee or lunch. A hand-written note is a personal touch the prospect will appreciate in a world that’s becoming more and more electronic.
  4. Develop the Habit of Persistence
    The key ingredient to effective follow-up is persistence. Persistence with the right attitude leads to more business. With persistence, obstacles and problems can't stop you and most importantly, other people can't stop you.

    Your ability to follow up will determine your success in sales.
  5. Don't Get Stopped by NO
    You have to be willing to do what it takes to move past the seventh "no" or "I'm not ready yet" to get the sale. A "no" is nothing personal. The prospect is saying "no" to the product, not to you. Think about the fact that when you really want something important to you, nothing stands in the way. Why not bring those same qualities to your business? How many "No's" are you willing to take before you give up the sale?
ASSIGNMENT:
  • Make a list of prospects you’ve met with, who expressed interest but did not buy from you. They may have told you they weren’t ready or maybe didn’t even tell you why.
  • Select one of the follow-up systems to track your prospects. Then set up a schedule of dates when you'll be following up with them and enter those dates in your system.
  • Select any of the sales tools listed and decide when you'll use these tools.
  • Send “soft touch base” emails to these prospects. Make sure the email you write is friendly, brief and non-pressuring.
  • Write a personal hand-written note to several prospects letting them know you enjoyed meeting them and invite them to meet for coffee or tea.
  • Be organized, creative, and persistent and don't get stopped by "No." Remember it takes 7-10 follow-ups to close the sale!
If you would like to use this article on your website, or for your own ezine, not a problem; however, there’s one thing you MUST include: Rochelle Togo-Figa, The Sales Breakthrough Expert, is the creator of the Sales Breakthrough System™, a proven step-by-step sales process that will help you close more sales, sign on more clients and make more money with ease and velocity. To sign up for her free sales articles and teleclasses on closing more sales, visit http://www.salesbreakthroughs.com/.

Thursday, April 12, 2012

6 Simple Ways to Make Your Clients Feel Special and Have Them Wanting More

Woman on PhoneI recently spoke to an entrepreneur who told me she had signed up for a program and soon after she signed up she received a phone call from one of the people leading the program to thank her for signing up. She was so impressed they took the time to call and personally thank her.

Now she’s feeling confident she made the right decision and excited to get started. She’s going to get a lot more value from the program because she’s feeling taken care of. And, if she continues to have the same positive experience throughout the program, she’ll purchase another program or product from them. They now have a long-term client. All of these wonderful results from one short phone call thanking her for signing up for their program.

How does exceptional customer service affect a business? You gain a long-term client who will buy more, a happy client will tell other people (just as she told me), and those people may become clients too.

So what are you doing differently to take care of your clients? During these times, people are spending but they’re more cautious about where they’re putting their money. There’s a lot of competition out there. If you want to retain your clients and have them buying more, you have to stand out from the crowd by doing things differently.

Here are 6 simple ways to make your clients feel special and have them buying more:
  1. Pick up the phone, call your clients, and thank them for their business. This personal touch is easy to do and shows you genuinely appreciate their business.
  2. If you’re having an event, invite them to come “free,” or if you’re attending an event that you think they might be interested in attending, invite them to come as your guest.
  3. Send them a token of appreciation, for no reason, other than that you appreciate having them as a client. You could send a book, something yummy, or some small gift.
  4. Call them during the year to see how they’re doing and how you can help them. Calling for no other reason than to let them know you’re thinking about them will set you apart from many of your competitors.
  5. Invite your clients to a “Client Appreciation” luncheon or tea. Choose a restaurant or café and invite your favorite clients. You're going the extra mile and they'll appreciate you for doing this.
  6. Send them a short note, letting them know you value and appreciate their business. It doesn’t take much to write a short note of appreciation and the rewards you’ll get back from your clients are priceless.
I received a magnet with a beautiful quote engraved on it from a colleague. I was so touched that she took the time to send this to me. This small gift made my day. It wasn’t expensive or extravagant, yet it was the perfect gift.

I’m sure you can come up with other extra special ways to make your clients feel special. But are you making the time to do it? The point is that by going the extra mile, you’re creating clients who will feel taken care of. They, in turn, will tell other people who will tell other people. Just as I’m telling you. Before you know it, your clients will be buying more from you and you’ll be attracting new clients too. These simple steps can keep your clients forever and attract even more.

If you would like to use this article on your website, or for your own ezine, not a problem; however, there’s one thing you MUST include: Rochelle Togo-Figa, The Sales Breakthrough Expert, is the creator of the Sales Breakthrough System™, a proven step-by-step sales process that will help you close more sales, sign on more clients and make more money with ease and velocity. To sign up for her free sales articles and teleclasses on closing more sales, visit http://www.salesbreakthroughs.com/.

Monday, March 26, 2012

What Makes a Great Speaker?

One of the fastest ways to attract clients is to become known as the expert by speaking to groups. Yet, most people would rather be pushed from an airplane than get up in front of a group and speak. No one was ever born a natural speaker. When you watch dynamic speakers, it may seem as if they deliver their speech effortlessly. The ease with which they deliver their speech is the result of many hours of preparing and rehearsing.

I love speaking to groups, sharing my sales and marketing strategies to help them grow their businesses. Believe me; it wasn't always this way for me. It wasn't too long ago that the thought of getting up in front of a group paralyzed me. I laid awake many nights worried about how I'd come across. What would they think of me? What if they're not interested in what I have to say? What if I forget what to say? After years of practice, preparation, and training, my confidence increased and I became an effective speaker.

Let's take a look at the world of speaking and what the benefits are to you.

  • When you become a speaker, you immediately elevate yourself in the eyes of the audience. They see you as the expert and this establishes instant credibility.
  • You're reaching more than one person and that increases the chances of more people interested in your service or product.
  • Your confidence increases. As your speaking improves, the most powerful benefit is the improvement in your general confidence and self-image.
  • Research shows that in selling, a speech demonstrating your services is 50% more effective than the most glowing testimonial. You're showing the audience first hand how you think and work.
  • When you're speaking, the audience has come to you rather than you having to find them.

What makes a great speaker?

I saw Suze Orman, the financial guru, speak at a conference. As soon as she walked on stage, she connected with us. She was down-to-earth, funny, and knowledgeable. She shared her own personal story of growing up in Chicago, working as a waitress for several years making only $400 a month. Although she has achieved great success and fame, she had her ups and downs just like you and me. Because she shared authentically from her heart, she had us all sitting on the edge of our seats listening to every word she said.

Here's 10 valuable tips to draw the audience to you from the beginning to end of your talk.

  1. Know who's in your audience before you speak. Call the event or program planner to find out the profile of the people attending.
  2. Arrive early before you speak and walk around introducing yourself to some of the people. This helps to relax you and get you related to them.
  3. If you're speaking for a half-hour to an hour, your talk should cover only 3-4 points. The audience can only retain a limited amount of information in a short period of time.
  4. Let the audience know at the beginning what you'll be talking about and how long you'll be speaking.
  5. Speak to only one person at a time for about 4-5 seconds. Don't look over their heads. Speak to them. This helps to reduce nervousness, increase confidence, and connect with the audience.
  6. Create a compelling memorable story. People are interested in "you." By sharing a memorable story, you're connecting with the audience at a more personal level. They now will feel more related to you and what you have to say.
  7. Engage the audience throughout your presentation and make it interactive. Check in with them by asking questions. It's much more fun when you include them.
  8. Throughout your talk, share other stories about people who you helped and the results. People love to hear real-life stories of triumph and success.
  9. End your talk with a "call to action." What do you want as an outcome for your talk? Do you want the audience to take an action step? Do you want them to buy your product or service?
  10. Capture your audience. If you want to keep in touch with them, offer to send them notes from your talk or give a gift if they give you their business cards.
If you would like to use this article on your website, or for your own ezine, not a problem; however, there’s one thing you MUST include: Rochelle Togo-Figa, The Sales Breakthrough Expert, is the creator of the Sales Breakthrough System™, a proven step-by-step sales process that will help you close more sales, sign on more clients and make more money with ease and velocity. To sign up for her free sales articles and teleclasses on closing more sales, visit http://www.salesbreakthroughs.com/.