The Power of a Brand. Yours!

Most of us recognize the influence that corporate brands such as Apple, Coca-Cola, Zappos, Google, Microsoft, Nike or Starbucks have on our buying decisions. But how much focus do most of us put on the most important brand of all – our own?

Wikipedia defines personal branding “as the process whereby people and their careers are marked as brands. It has been noted that while previous self-help management techniques were about self-improvement, the personal branding concept suggests instead that success comes from self-packaging.”

Just a few short years ago, personal branding wasn’t really such a big topic of discussion. These days, however, it has everything to do with succeeding, especially in the social selling space. According to William Arruda, a personal branding guru, personal branding is a revolution in the way we manage our careers or businesses. It’s a way of clarifying and communicating what makes you different and using those qualities to separate yourself from your competitors.

You are the CEO of Brand U

Some years ago, in a Fast Company article, business guru Tom Peters advises individuals to follow the lead of the corporate world and do what they have been doing for years: create your own personal brand. Peters says that no matter what your career title, you are really the CEO of your own personal service company: Me, Incorporated. He says each of us is “a free agent in an economy of free agents” and that we all must establish our own “micro equivalent of the Nike swoosh.”

How does this fit social media?

Your personal brand is the firm impression or image that comes to mind when people think about you. It’s a mental picture someone forms about you when your name is mentioned. Whether we like it or not, prospective buyers Google our name, check out our website and look us up on LinkedIn, TwitterFacebook and YouTube. In addition to our actions, words, clothes and behavior making a statement about who we are and what we offer, our online presence does the same thing. When you have seconds to create a lasting impression, one that contributes to achieving your revenue goals, it is important to honestly evaluate how your personal brand stacks up. Once you do, you can develop strategies to minimize those things that are detracting from the message you mean to convey.

Consistent branding based on authenticity can help you improve partnering and cultivate loyalty. –David Cohen, Creative Start-Up Veteran and Brand Strategist at Equation Arts.

Starting today – YOU are a brand!

Social media provides everyone the chance to stand out. Everyone has a chance to be a brand worthy of something remarkable and memorable. Take the time to ask yourself the same question that brand managers at top companies ask themselves: What is it that my product or service does that makes it different? Challenge yourself to shrink it down to 15-words-or-less. Write down your answer. Then take the time to read it – several times. Think about…

  • The qualities or characteristics that make you distinctive from your competitors or your peers.
  • How you have made yourself stand out today, this week or this month.
  • What others would say is your greatest and clearest strength?

Shelve your biased thinking that a personal brand doesn’t matter when it comes to being successful selling your products or services. In today’s world, it is everything! If you want to achieve your goals, developing your brand is a must not a luxury.

Remember, even if you choose not to proactively define your personal brand, others are certain to do it for you. Will you like what they say?

Give Me A Reason Not to Ignore You

An interesting topic surfaced on Facebook today, which I then turned into a LinkedIn discussion. At issue was whether or not business people should get back to people with a yes or no answer, but not ignore the contact altogether. A number of folks chimed in with their thoughts about why a “good business person” who knows how to “build relationships” would always respond. Of course, I don’t agree given that I’m on the receiving end of some of the dumbest sales pitches and requests for my time ever. Usually, it is about what they want – their agenda. They aren’t thinking about me and my needs.

As it turns out, the original post was suggesting that someone who’d connected with you and asked that you follow up with them, but never responded again was at the heart of the dialog. But it also got me thinking about how many times I’ve heard sales people complain that they don’t receive call backs or responses to their emails.

Here are 5 reasons why ignore or delete may be the first thing someone does when they receive your message.

  1. Your message has no compelling value for the person that you are calling. I am sooo tired of the rambling speeches about how your product is the best; you can save me money, yada yada yada. I don’t care about your canned sales pitch.What’s in it for Barb and her business? Do you really know enough about my business to be able to catch my attention? Most of the time, you haven’t taken the time, so the answer is no.
  2. We can’t understand a word you have said in your voicemail. At this point in someone’s business life, it should be obvious that your ability to speak clearly and articulately is critical if you expect anyone to respond to your message.  If you have an accent, then you will need to work even harder to ensure that you speak slowly and clearly enough for someone to understand you. Remember that the communication success largely depends on how you present yourself.
  3. Lack of information. I received a call yesterday from Shawn. I have no idea who Shawn is but all she said is…”Barbara, this is Shawn. Call me at XYZ number.” Seriously, no last name, no company name, no message about why I would actually pick up the phone and call you back? If it is important that someone get back to you – tell them why doing so holds value for them. If you happen to get someone on the phone…same holds true. Identify yourself clearly by giving your first name, last name, company name and why you are calling. I don’t have the time to waste dragging the information out of you.
  4. We have no relationship. I prefer to work with people that I know, or people that I’ve been introduced to by colleagues. I have zero patience with the standard, boring, uncreative cold call tactics most sales people insist on using. I’m willing to listen IF you give me a good reason to do so. If your first email communication is a sales pitch and I don’t know you, the chances are high that I will merely hit delete. Though occasionally you might get lucky. Last week, I received an email from someone I didn’t know but they said something intriguing about lead gen and how their products helped you mine LinkedIn information. That got me curious. I’ve set up the demo.
  5. You sell competing products/services to mine. Forgive me if I rant for a second here, but geez, do your homework. One memorable cold call was the gal who sold behavior assessments (I do too!) who said that she realized I sold competing products and then proceeded to leave me a lengthy – something like 8.5 minutes – message about why her assessment was better. Now, it isn’t that I wouldn’t be inclined to consider adding another product to our offering, but after that message…forget it. I refer you back to point #1.

Here’s the deal. Everyone is busy. Just because you have something to sell doesn’t mean that we want or need it. Remember that successful selling isn’t about you and your agenda. You have to expertly communicate the value you bring to the business relationship and and the results you deliver. Otherwise, you are just wasting everyone’s time.

Hey, what’s in it for me?

If you want to get people’s attention – tell them what’s in it for them! Seems obvious, but I know from experience that many people out there with something to sell have missed this critical sales success ingredient.

Think about it. Don’t you want to know how you benefit from making a purchase before plunking down your hard earned cash? Of course you do. It’s no different for the buyer reading your newsletter or sitting across the negotiation table from you. Buyers want to know what’s in it for them if they buy what you have to sell. The message that you choose to send them will either engage them or cause them to bolt for the door.

Here’s the thing…

We are living in an age of what many innovation experts have described as “disruption”.  And no where do I see more needed disruption than in sales organizations. Now that social technologies are forces to be reckoned with, today’s social sales people must break free of their comfort zones and fundamentally re-think what they believe they know about the business of selling. Heading the list is the idea that not every deal needs to take place face-to-face.

Enter social media…

The shift from old school sales, which largely made the seller’s agenda the focal point, to a new social sales model that puts the buyers in control will take time. The savvy sales people though will move quickly to adapt. Similar to when we moved from an agrarian society to an industrial one, sales professionals are faced with a similar transition that can feel bumpy at times. Remember when the desktop computer entered the scene? I know plenty of sales folks who said they’d never use one. Do I need to say more? Unfortunately, as with all transitions, some will struggle with this disruption more than others.

Business owners and sales people must consider how this disruption changes the way they approach the sales process and devise strategies for addressing it. How you get attention with your potential customers when they are so overwhelmed with choices  will all start with creating “value” in a virtual world with people you may never actually meet. Creating online relationships that will lead to closing sales is going to require that 3 things happen:

  • You have plan and purpose for what you are doing.
  • You choose the right tool(s) to support your sales goals.
  • You learn and use the tools consistently day in and day out.

As you begin to join in on group and online community discussions like you’ll find on LinkedInTwitter and Facebook, you will have to understand that you don’t “sell” while joining in on the conversation. Instead of talking about what you or your product does; you will be demonstrating your expertise and industry knowledge as you share your tips, advice, information and helpful hints with others without expecting anything in return.

How sales people uncover opportunities, research trends, keep on top of their competition and network completely changes the way the game is played. But they must also be realistic in their expectations, because social media is not a “quick fix” nor does it bring sales in the door overnight. Like great offline selling, it takes time to build the relationships that lead to closing business. When you remember to put the buyer’s needs and wants ahead of yours…well, now you’re getting somewhere.

This is the world of social selling and your potential client wants you to know…

Hey, it’s all about me!

6 Tips for Creating Social Sales Success

As technology continues to influence the way in which we do business, social selling can be thought of as a model that allows sellers to attract, interact and close business with buyers online by tapping the conversational power of the web. This new approach – when done right – leads to higher sales velocity, volume and profits.

Getting Started

As with any business initiative, it is important that you don’t shortcut the process. Utilizing the appropriate social media tools to improve sales performance represents an investment of time and money. Though many of the social technologies you might choose to implement are largely free, people will need the proper training to ensure their success.

1. Begin with a strategy and tactical plan.

This doesn’t need to be a long drawn out process, but it does require slowing down long enough to think through:

  • What do you want to accomplish?
  • What will be the best technology to support what we want to accomplish?
  • What type of training will be needed on both the technology and new communication approach?

Sales executives should schedule a social media planning session with their teams. Make sure that everyone on the team has the same understanding of what and why you want to participate online. Discuss how you will measure and track results. Following that initial planning, discuss progress, lessons learned and share best practices during regular team meetings. This will help to keep everyone on track.

2. Secure management buy-in, at all levels, from the beginning.

Many sales executives are unfortunately, still living in yesterday’s business world. They either see social media as a passing fad or a threat to their view of how the sales process works. Fear of what they do not understand keeps them rooted in outdated approaches to acquiring new customers and serving the ones that they already have. Bring in outside help to properly educate your management teams on the business value and benefits to using social media.

3. Invest in training.

The old saying “you get what you pay for” applies here. Don’t assume that your sales people can figure out the technology on their own. Rather than clicking buttons, do they know how to use the tools to drive a specific sales result; i.e. lead generation? Your sales team members probably understand how to invite colleagues to join them on LinkedIn, but do they know how to create dynamic lead generation lists that they can use for their prospecting efforts? Do they understand how to create a compelling profile? Inadequate training is guaranteed to deliver lackluster results. Make the investment. It’s worth it.

4. Do not expect immediate results.

There is no quick fix! You need to put a plan of action into place that is followed regularly and tracked along the way. Expecting an immediate ROI is highly unrealistic and will lead to sales people rushing the process. Sales management needs to maintain a focus on the bigger picture. Building a solid brand reputation online takes time, participation and patience. By the way, the same philosophy holds true with traditional offline networking too!

5. Train, Track, Monitor.

Give your sales people the proper technology training, educate them on your social media usage guidelines and help them set goals that are then tracked and measured. Remember that ROI can be measured in many ways. It might be measuring sales revenue, number of new leads in the pipeline, shortened time from lead to sales close or increased sales percentages with existing accounts. Monitor the progress of your people by the results they achieve.

6. Invest the time.

Rome wasn’t built in a day and neither is your social sales success. Not having time for social media is a common sales complaint, because to often the perception is that using social media is an “add-on” to an already packed day. The reality is that there is wasted time on the calendar of every sales person in your organization. Meetings with non-decision makers. Networking events that fall flat. Chasing down leads that are poorly qualified. Too many internal meetings. The question to ask is “What can I let go of that will bring me a greater sales return if I used that time for social media instead?”

The world of sales has changed.  If you are not integrating social media into your sales and marketing plans, you are setting yourself up for decreasing sales and increased competitive pressure.

How long can you afford to wait before you get started?

At Selling Power, Founder and Publisher Gerhard Gschwandtner penned a brief online article about meeting buyers at the right time. He suggests an ideal scenario in which our sales hero enters a coffee shop and just happens to start up a conversation with a buyer who needs exactly what he has to sell. It got me thinking about the importance of timing in the sales process.

It is the dream sales situation, isn’t it? You meet a buyer at the exact moment that they have a thorny problem to solve. You just happen to have the ideal solution. You get along instantly; they want to hear more. There’s no haggling over price. This buyer is desperate to eradicate the pain and solve the problem. He’ll pay practically anything. You zip on over to the buyer’s office to complete an agreement that is approved by legal in minutes. Oh, and they cut you a check in advance to get the process started. A few short hours after that fateful coffee shop meeting, you walk away with a six figure deal.

Uh huh…let’s get real.

It rarely works this way in the real world. In the real world, we meet people all the time that would benefit from using our products and services. The problem is that we know it, but they don’t yet. It’s tempting to want to convince them, right now, that a problem is looming on their horizon. But timing is a tricky thing. Jump to fast, push too hard and too soon…bye, bye sales opportunity. When it comes to using social networking tools to expand their sales reach, I’m certain that this is a lesson that many sales people are destined to learn the hard way. Some, no doubt, already have.

Stay visible.

Technology provides limitless opportunities for the sales people who recognize that timing is everything in sales. When the buyer is ready to buy, these savvy social sales people want that buyer to think of them first! That’s why they remain focused on the bigger picture. Core elements of their process include building strong networks and cultivating sales opportunities by providing “value” in advance of the sale. That value can be anything from targeted information that benefits the buyer in their job, white papers about trends in their industry, relevant blog posts or connections to peers in their field.

To succeed in the social sales world, sales people (and their management!) need to accept that no one gets married without being courted first. Be patient and take the time to court your prospective buyer until they are ready to walk down the aisle. How you approach the courtship will say volumes about what happens after you both say, “I do”.

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