When was the last time you did something for the first time? As the business owner you set the rules yet your actions remain constant despite changes in technology, globalization, client expectations, competition and regulation. You're tolerably comfortable and know radical change is required. Isn't it time to begin to boldly do things which you may previously never have thought of doing, or been too hesitant to attempt? What's the evidence telling you with fewer customers, fewer transactions, lower average dollar sale and lower margins?
So what holds you back? Business history tells us that what got you here won't get you to your vision. A new initiative away from relative security, conformity, and conservatism, all of which may appear to give one peace of mind, is in reality more dangerous to the independent and adventurous spirit within an owner than a perceived secure future. The very basic core of a owner's living spirit is their passion for delighting customers. Hence there is no greater delight than to have an endlessly changing delivery of your products and services to enrich the customer.
If you're contemplating doing something for the first time and want to brainstorm the implications and overcome the resistance, let's have a conversation. Because that's what ActionCOACH - Business Coaches do - lead owners to higher performance. Call me at ph: 972 709 6776.
These 3 principles transform how ActionCOACH - Business Coaching conducts business with our partners, business owners and franchisees. If you see yourself aligned with these principles here is where you will find insights on predictably growing your profits and productivity, leading your teams and systematizing your business to ultimately work without you. You have every right to delight as many customers as possible as fast and effectively as possible. Let's accelerate you growth...Stephen
Showing posts with label Strategy. Show all posts
Showing posts with label Strategy. Show all posts
04 September 2013
23 August 2013
3 Questions That Reveal What's Important & Urgent to the Business Owners You Serve...
Here's the situation...you're talking to a business owner and have this conversation. "Well, how's business?" Answer - "Fine." It's tough to go far with that answer. Or do you ask the often repeated, very obnoxious, personally intrusive and never honestly answered, "What keeps you up at night?" And receive the look stating, "It's none of your business what keeps me up at night." Not much progress there either.
Here are three questions that spark a meaningful conversation and determine how you can help them best. The questions are open ended and allow the business owner to share insights on what's affecting them.
1. What's the #1 job that needs being done in your business - is it in marketing, sales, operations or team development?
2. What's your next big project - in operations, marketing, sales or team?
3. What's you #1 priority in the coming quarter - is it in operations, marketing, sales or team development?
The questions are short and end with specific but broad areas to focus their thinking. Phrase the question so that their answer is in your area of interest. So if you're an accountant - you may suggest areas about tax, bookkeeping or management information. A manufacturing representative mentions inventory, quality, speed, price, efficiency, effectiveness, etc. You're seeking to understand and appreciate their answers with follow-up questions like these.
I. Why that one?
2. Is that important to you? Why?
3. What are the consequences of not having it?
4. Does this concern you? Why?
To the degree you show genuine interest by allowing them to talk vs. you selling, they'll reveal what's urgent and important and you'll earn the right to ask if they are open to solutions.
To learn more, let's have a conversation - at ph: 972 709 6776.
To learn more, let's have a conversation - at ph: 972 709 6776.
09 August 2013
The Conversation Every Successful Business Owner has with Their Marketing & Sales Team
As a business owner or professional you’re competent and skilled in effectively and efficiently identifying the challenge and implementing solutions in your area of expertise. But when it comes to the business-of-business especially around attracting and retaining customers/clients/patients we are often incapable of expressing more than, “We need more sales.”
Ask your team to complete this matrix and have a discussion about it’s implications. You're guaranteed to gain insights on faster growth.
Marketing & Sales Topics | Topic is Being Used Yes/No | Rate Effectiveness on Scale of 1 to 5 high | Topic Should be Applied and is Not Yes/No |
Marketing Strategy | |||
Social Networking / Social Media
| |||
Go-to-Market Strategy
| |||
Differentiation
| |||
In-Person Networking
| |||
Marketing Partnerships
| |||
Marketing Planning
| |||
Pricing
| |||
Lead Generation | |||
Seminars & Workshops (Running and Promoting)
| |||
Lead Generation Process
| |||
Generating Referrals
| |||
Direct Mail
| |||
Tradeshows
| |||
Webinars (Running and Promoting)
| |||
Cold Calling
| |||
Lead Nurturing
| |||
Marketing Tactics | |||
Online PR / Publicity
| |||
Email Marketing
| |||
Podcasting
| |||
Website Technology
| |||
Search Engine Marketing
| |||
Marketing Automation Technology
| |||
Client Relationship Management (i.e., client retention)
| |||
Targeting & Segmentation
| |||
Email Technology
| |||
CRM Technology
| |||
Website & Landing Page Development
| |||
Traditional PR / Publicity
| |||
Content Marketing
| |||
Blogging
| |||
Mobile Marketing
| |||
Brand Development | |||
Brand Research
| |||
Advertising
| |||
Brand Implementation
| |||
Selling & Sales Process topics? | |||
Value Proposition & Messaging
| |||
Sales Conversations
| |||
Overcoming Objections
| |||
Cross-Selling / Up-Selling
| |||
Warm Calling
| |||
Uncovering Needs
| |||
Sales Presentations
| |||
Sales Negotiation
| |||
Value-Based Selling
| |||
Sales Process / Pipeline Management
| |||
Proposal Writing
| |||
Client Relationship Management (CRM) | |||
Client Retention and Loyalty
| |||
Client Satisfaction Measurement
| |||
Client Selection
| |||
Client Feedback
| |||
Referral Generation
| |||
Strategic Account Management
| |||
Thought Leadership | |||
Creating Videos
| |||
Writing Articles
| |||
Book Publishing
| |||
Creating Newsletters
| |||
Writing a Blog
| |||
Speaking Engagements
| |||
Writing & Promoting White Papers
|
If after your discussion with your marketing and sales team, you are still seeking answers then let’s have a conversation so you can grow your company as fast and effectively as possible. That’s what we do at ActionCOACH - Business Coaching...ph: 972 709 6776. This is a complementary session.
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