Tuesday, January 5, 2016

The Evolution of Sales: How the Landscape Has Changed

Depending on whom you are selling to, and how, the nature of the sales process has changed since the birth and incredible growth of the Internet. However, with all of the changes in how we communicate with digital connectivity, some things have not changed much at all. Sales are still sales. It is the targeting of sales that has changed more than anything else.

A century's worth of knowledge about how to go about selling something has not been made obsolete, but it has experienced some competition. The old guard, presenting the "correct" path for sales taught new recruits the art of manipulation. Jeffrey Gitomer, Zig Zigler, Brian Tracy, Tom Hopkins, and many other authors on the subject have outlined a strategy for increasing sales on the basis of this manipulation. They have shown us a successful, proven model for sales. So, what has changed?

Old School

The mantra for the old school approach was to establish and maintain a sort of control over potential customers by answering questions with questions. Establish some common ground and build a rapport. Spend all the time you can, build value, and only then reveal the price. Once a value has been established, even a higher price will seem more acceptable. It must be said that this approach has achieved much success. And, in fact, there remains a place for it, depending on the medium used for conversation.

What the Internet and digital communication have done, however, is to change the speed of interactions to the point that available time has collapsed. These days, spending a lot of time has become counter-productive if the medium is the Internet, for example. Studies show that most web surfers, even when looking for a specific product, will spend very little time searching before making a decision, one way or the other.

This makes building value more difficult, and when transactions occur online, there is no face-to-face interaction and no rapport building. Digital customers have very little time for elaborate presentations building product value. Typically, they already have a price in mind and are most interested in your price for the sake of comparison.

New School

Today, sales are being made with a rapidity that has never before been matched. For that to occur, some of the old ways have been relegated to other media, as the Internet has expanded to take over some of their space. Online sales are continuing to explode exponentially, so it is quite clear that new approaches are being validated.

To a certain extent, a person's approach is tailored to his or her personality. Some people are built for face-to-face interaction. Some can do without it. All sales become a contract and there is a personal comfort zone that must be attained even in the quickest of transactions. Serious shoppers who demand a greater depth of information do exist on the Internet, but the Internet can easily adapt for these shoppers by offering the information to those who demand it, while streamlining the sales process for those who do not.

There is really nothing inherently wrong with the old school approach to sales. There will always be a time and place for it in certain contexts. What the Internet has introduced to the process is flexibility. While there is no flesh-and-blood person speaking to the buyer, there is a wealth of information available if the buyer really desires it. As a result, website building has become something of an art form, so the needs of customers can be addressed as those needs emerge rather than in a pre-determined sales presentation.

It seems old school and new school can live together, after all.

Friday, January 1, 2016

Adaptation: The Happy Accident

One of the strange paradoxes of scientific discovery is that no matter how plodding and careful science is about most developments, some of the most astounding discoveries have occurred purely by accident. The most famous of these was the discovery of penicillin.

This discovery only occurred because biologist Alexander Fleming took a vacation. Returning to find that his staph bacteria petri dishes were contaminated with an invasive fungus, he observed that the fungus had repelled and killed the bacteria. The age of antibiotics was born.

Dozens more examples demonstrate that the happy accident is one of the most valuable resources in human development. One of the earliest known examples occurred when, for better or worse, some Chinese experimenters looking for the elixir of eternal life accidentally discovered gun powder, instead.

In 1938, a du Pont chemist discovered that his experimental gas had escaped its container and that a strange slippery substance was left behind. Teflon was born. Much earlier, an English pharmacist withdrew a stirring rod from his chemicals only to notice a dried clump of hard material stuck to the end of it. In trying to scrape it off, it ignited and burst into flame. The strikable match was the result. Velcro was invented by a Swiss engineer intrigued by how burrs stuck to his dog's coat. The implantable heart pacemaker was stumbled upon when an assistant professor accidentally grabbed the wrong size resistor from a box.

These examples are only a few of the many wonderful discoveries that have graced the world by a scientific accident. Their value is immense, and the world has grown richer by their discovery only through the adaptability of those who discovered them. In many cases, something else was the target goal at the time. Their discovery was an unanticipated byproduct born of the flexibility of the discoverer.

In business, it pays hefty dividends to be flexible enough to adapt to new developments and to make use of unexpected benefits. As the maker of a fairly unsuccessful wallpaper cleaner, Kutol Products was near bankruptcy when children began using the product to form Christmas tree ornaments in arts and crafts projects. The entrepreneurs were clever enough to see this unexpected use as a gift, and the company was saved by the new marketing of the modified product as Play-Doh.

A similar story is told of the development of another novelty toy, Silly Putty. In 1943, a World War II rubber shortage prompted the government to commission research from General Electric chemists for the creation of an alternative. The resulting elastic compound was ineffective at replacing rubber, but it was intriguing nevertheless. Samples were circulated, but until an enterprising toy store entrepreneur named Ruth Fallgatter saw the stuff in 1949, no one had any use for it. Fallgatter saw some potential and hired copywriter Peter Hodgson to include the item in her seasonal catalogue. While it outsold everything else in the catalogue, for some reason she lost interest and abandoned the substance.

Hodgson, however, had a clearer vision of its potential and picked up the entrepreneurial torch, renaming the product Silly Putty. It took some time, but his ability to adapt paid off. A New York Times columnist mentioned it in a very positive light, after which sales topped $750,000 in the next three days.

Speaking of gummy substances, we have alluded to the 29-year-old William Wrigley who decided to offer free baking powder as an incentive to market his scouring soap. The idea was so good that the powder became more popular than the soap. So, he offered free chewing gum to market the powder, and the gum became more popular still. Thus was born the Wrigley chewing gum empire, from humble beginnings in soap and baking powder.

Like William Wrigley, Peter Hodgson, and the brighter minds at Play-Doh's Kutol Products, always remain alert to the potential for happy accidents and adapting to situations and possibilities.

Tuesday, December 29, 2015

Emotion in Print Marketing: What it Means and How to Do It Properly

In some ways, the most important goal of any piece of print marketing isn't merely to act as an educational tool for your target audience. While conveying the message of what your product or service does and why they need it is integral to the success of your campaign, it is only one small part of a much larger goal. One of the major keys to success in advertising involves evoking an emotional response from people, which is something that print marketing as a medium can do quite well - if you approach it from the right angle.

What Does "Emotion" In Print Marketing Actually Mean?

To boil it down to its essentials, invoking an emotional response from a person who views a print marketing material means that you've gotten them to think more than just "I understand what this product does" at the end of a piece. You don't necessarily want to leave a person with the idea of "This particular product will help solve my problem" per say - you want to leave them with a sense of "Not only will this product help solve my problem, but it will also make me happier at the same time." You want them to long for the emotion every bit as much as they do for the product, which is where the real success of this technique rests.

Nostalgia is the Key to the Emotional Response

One of the single best ways to inject emotion into your print marketing is through good, old-fashioned nostalgia. Even if your message is framed in a way as simple of "Things used to be great, but now you have a problem. With X product or service, they can be great again," you're going a long way towards tying your particular product or service to emotional past experiences that the customer has had. This lets them both acknowledge that they long for the days where things were much simpler and gets them to realize that with what you're offering, they may just get there again.

In the AMC television show "Mad Men," set against the backdrop of the 1950s print advertising industry, Don Draper at one point early on creates an astounding pitch for the Carousel from Kodak. For those unfamiliar, the Carousel was a slide projector that made it easier than ever to enjoy all of the wonderful photographs that you've taken over the years on a much larger scale than ever before.

Don didn't just zero in on this functionality, however - in an impassioned speech to the Kodak board, he talked about how the Carousel was much more than just a slide projector - it was a time machine. It was a doorway into the past, allowing someone to relieve those wonderful Christmas mornings when their kids were still small, or that family trip that they took to the Grand Canyon that they're still thinking about - all in the type of stunning detail that customers wouldn't be able to find anywhere else.

What made Don's pitch so successful is that he tied the product to a noble emotional response - something that people are actively looking for in what they consume, be it their favorite movie or the products they buy and everything in between.

It is inside that emotional response where most of your success in print marketing will reside. If you can tie a positive (and hopefully intense) emotional response to your product or service through marketing, you'll create a loyal army of customers who can't wait to buy what you're selling because what you have to offer is so much more powerful than any one product or service: you're offering them their own emotions.

Sunday, December 27, 2015

Getting Out of Your Own Way

Brilliant author, philosopher, and speaker Alan Watts once published his autobiographical book, In My Own Way, the title of which is a play on words with alternate meanings. An extremely independent thinker, Watts clearly did things in his own inimitable way. The clever alternate meaning is probably more common for the rest of us, where we use excuses and other convenient reasons to get "in our own way" on the path toward success. As Watts pointed out, the difference lies between fulfilling yourself and obstructing yourself.

Starting a business is a bold step, not one for the timid. The list of excuses used to avoid the dangers of launching a business are many and varied, but they all resonate with the same timidity. Fear of failure is probably the most common thread among all of the excuses holding us back. It takes courage to take the plunge, and a prospective entrepreneur must be willing to take some chances or they will definitely getting in their own way.

Excuses, Excuses, Excuses

You are familiar with these. We have heard them all before: I don't know enough about running a business. I don't have the skills. I don't have sufficient contacts with the right people to get started on the right foot. I can't afford it right now. The economy won't support a new business just yet. It's just not the right time.

Each of these may be a valid concern, but the bottom line is that they are nothing more than excuses holding you back from exploring your dream. THEY are not what is holding you back. YOU are what is holding you back.

There are many ways to overcome the fear of failure. One of the most common is simply out of necessity. People lose their long-held jobs and have to pay the rent. Being "forced" into business has been the best thing ever to happen to a lot of people. But whether you are forced, following your dream, or simply fall into it by chance, the opportunities are there for you to succeed. Pat Flynn's success is a good example.

Pat Flynn was laid off by an architectural firm in 2008. He set a goal of passing an architecture-related exam and created a website to gather information on the test and how to pass it. Many others were also interested in this objective and the site started generating thousands of hits daily. His internal light bulb went on and Flynn wrote an ebook study guide on how to pass that test, selling it for $19.99. Within a month, he had generated sales in excess of $7,000. He never looked back, and today is the brain trust behind SmartPassiveIncome.com, as well as numerous other revenue-generating websites. Pat Flynn got out of his own way.

Founder of Facebook Mark Zuckerberg is an extremely successful entrepreneur. He didn’t start the wave that has become social media, but his brainchild is today clearly the most popular vehicle in the genre. On his profound success, Zuckerberg said, “The biggest risk is not taking any risk… In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”

You must get past that little voice in your head that says, "You can't," and find the other one in there that says, "Yes, you can." That voice is in there. You just have to find it and listen, for a change. The boldness to take the plunge depends on it. As Henry Ford once said, "Whether you think you can, or you think you can't, you're right."

Tuesday, December 22, 2015

Is Your Message Being Diluted in Your Marketing Materials?

When it comes to the marketing materials that you're putting out into the world, there is nothing more important than the factor at the heart of it all: your message. Ultimately, the best-looking print mailer, poster, or other material in the world won't mean a thing if you don't have the clear, concise message in the center of it to back it up. If you're worried about whether or not your design instincts are getting the better of you, and you are, in fact, diluting your message in your marketing materials, you can use these delightfully simple tips to find out.

Are You Overloading the Reader Visually?

Graphics, interesting font choices, and more can all be great tools to help get your message across to readers - but they should be complimentary, not supplementary. Every element that you use in your materials that is not contributing to your message is only taking away from it - never forget that. If your materials have swayed decidedly in the direction of "a lot of style, very little substance" in that you're loading them up with tons of bright colors, flashy logos, images and more, there's a great chance that you could actually be accomplishing the exact opposite of what you set out to. Start designing your materials with your message in mind and then lay everything else around it. Don't design the best-looking print material you can and THEN try to cram your message in there somewhere.

Does it Take Longer than 30 Seconds to Discover Your Message?

In order to achieve a maximum level of effectiveness, your message needs to be as simple as possible. "This company is the one you can trust." "This product is the one that can solve your problems." "This service is the one you need to make your life easier." These are (admittedly simple) examples of marketing messages that can be identified and absorbed quickly and easily. If it takes longer than 30 seconds for your target audience to realize what you're trying to say, you've probably already lost them. Trust us - you don't have that kind of time.

Do You Have Enough White Space?

White space is undoubtedly the best friend that you have when it comes to the print marketing materials that you're designing. People don't want to read a wall of text to find out what you're trying to say - they want to be spoken to directly and succinctly. If brevity is the soul of wit, white space is the brevity equivalent when it comes to your marketing message. If you design a particular material and have very little white space left over at the end of the process, the chances are high that you should probably take another look. There are undoubtedly elements, whether graphics or text or something else entirely - that you can drop without harming what you're trying to say.

Anything that isn't directly contributing to your marketing message is only serving to take attention away from it, which is absolutely something that you do not want under any circumstances. People shouldn't have to work to figure out what you're trying to say - it should be immediately clear. By keeping these few, core tips in mind regardless of the type of material you're designing, you'll place yourself in a better position to establish a direct line of communication with your target audience in the exact way that you intended.

Friday, December 18, 2015

How to Create and Amplify Desire in Your Marketing Materials

If your marketing campaign is all about telling a story (and make no mistake, it most certainly is), the most important quality that story can have is a sense of desire. When you really stop to think about it, marketing is similar to almost every other medium in that regard. If your story took the form of a movie, desire would be the need for your audience to stay right where they were and not even think about getting up for popcorn. If you were writing a novel, desire would be the absolute need of the reader to turn the page and find out what happened next. In marketing, desire involves communicating to your target audience exactly why they need your product or service in their lives and why they can't stand to live another day without it.

Creating Desire in Marketing

One of the single best ways to create a desire in your marketing materials is to use your target customer's own natural sense of curiosity against them. Help them visualize the many ways that your product or service can fit into their existing lives through a combination of scenarios. Highlight what makes your company a very different (and better) animal than your competition. What you absolutely should NOT do, however, is give the game away too early. If a customer thinks that they have all of the information about every last thing a product does, they may feel compelled to easily write it off without giving it a second thought.

Don't rely too heavily on trying to be clever or to "impress" your potential customer, per say. Not only is it difficult to master without wasting space, but it also isn't necessarily something you even need to do once you've piqued their curiosity in the first place.

Simplify the Next Step

Much has been written about the idea of the call to action as a way to direct the reader farther along towards the sales funnel, but many people don't realize that it can also be a great way to amplify desire in a customer.

Say you've designed a perfect, enticing ad campaign that both highlights benefits about your product and also leaves enough to the imagination where they can't help but want to know more. A great way to kill that desire before you've had a chance to use it is to make the next step far too complicated for its own good. People don't want to fill out a form to get an e-mail to download a PDF to possibly satisfy their curiosity and desire. Keep it simple: "Having this wonderful product or service in your life is only a phone call away." That one simple technique can put many potential customers over the top and turn them into sales.

These are just a few of the many reasons why the concept of desire is such an important one when it comes to marketing. If you can master the art of desire, you're almost leveraging the power of your potential customer's own brain against them. Once the seed of desire has been planted, it is one that will essentially grow and come to fruition on its own. Once a potential customer truly and deeply wants something, they will move heaven and earth to make it happen - which is absolutely something that you want to create in as many people as possible.

Tuesday, December 15, 2015

Individualism in Thought and Action: Is it always a good thing?

Certainly, a strong sense of individualism is a valuable asset to possess. Free market capitalism is based in large part on the ability to be both clever enough and individualistic enough to see a need and meet that need in a way that no one else has done before.

After all, it is the individual who supplies the needed answer, where only the question existed before. They do this by doing something in a new way, differently than it had previously been done, providing a product or service that is in some respect novel. In a way, they predict the future by inventing it. They supply something that was simply overlooked by everyone else. Albert Einstein said it this way: "If you always do what you always did, you will always get what you always got." The individualistic entrepreneur wants something more than what they have "always got," and they set in motion the mechanism to obtain it.

Apple's, Steve Jobs may have been the poster child for innovative individualism, but he is by no means alone in this capacity. Indeed, most successful entrepreneurs in Western culture adhere to the belief that their success was the product of their undaunted individualism.

Bandwagon Effect

For the most part, we have all heard of the bandwagon effect. It happens when an individual or group forms an opinion based, to some extent, on the stated or observed opinions of others, particularly if the others have formed a growing majority. Those who are influenced in this way are said to have "jumped on the bandwagon." According to this confirmed psychological effect, the more people who hold an opinion, regardless of how true or untrue it may be, the more additional people will have a tendency to accept that increasingly popular view as their own. The bandwagon effect, therefore, relates to how opinions are shaped by the observed behavior of other people. It is based on our innate attraction for group activity. No matter how individualistic people may be, they are still affected by this innate attraction to group behavior. We are, after all, extremely social beings.

Among other things, research into the bandwagon effect has focused on politics due to the critical nature of the effect on election results. However, the effect has been observed in many environments, explaining the growth of fads and fashion trends, as well as the popularity of Internet memes on social media, especially as they are said to "go viral."

In business, too, the bandwagon effect has a definite place. As such, it seems radically opposed to the apparent benefit of individuality, but the connection is both meaningful and useful, and should not be overlooked.

The concept of rugged individualism is the basis for the Boot Strap Theory, whereby someone of more modest means can pull himself "up by the boot straps" to a more successful position in society. Keep in mind, though, that successful business ventures must acknowledge the necessity for meeting the needs of a wide spectrum of customers or the relatively fewer "individuals" served will not provide enough of a base for financial success.

Individuality really is a good thing as long as it comes with the realization that it is not alone in some sort of exclusive importance. For most businesses to develop and prosper, owners need to realize that most people are not leaders, but followers by nature, adhering (whether they realize it or not) to the bandwagon effect. A successful business operation usually depends on the overall popularity of the business. Social media constitutes a good tool for exploiting the benefits of the bandwagon effect. However it is accomplished, though, the smart business owner will explore the benefits of increasing the popularity of her business by understanding and taking advantage of the bandwagon effect.