25 Years of Sales Knowledge in 34 Minutes

Transcript
0:00
0:00 Sales is the lifeblood of every
0:02 business. Now, what I'm going to do is
0:03 I'm going to take you through everything
0:04 that I know about creating a great sales
0:07 process as quick as I possibly can.
0:08 We're going to look at what happens
0:09 inside a great sales meeting, and we're
0:11 going to deconstruct it into 10 points.
0:13 I'm going to tell you about my sales
0:14 follow-up process. And I'm also going to
0:17 tell you how to get warm and qualified
0:18 leads into the sales pipeline. We're
0:20 going to string it all together into one
0:22 methodology that I call laps. Laps
0:24 stands for leads, appointments,
0:26 presentations, and sales. And when you
0:28 get a lapse rhythm going in your
0:30 business every single week, you cannot
0:32 help but grow into a much more
0:34 successful business. I've got some
0:35 honest advice at the end as to why
0:37 people trip up in their sales
0:39 presentations. And I'm also going to
0:40 give you some really good tips as to how
0:41 to use AI to ramp this process right up.
0:44 It's so easy on YouTube to just take
0:46 good content for granted. With this
0:48 particular video, I want you to remember
0:50 it's taken me 25 years to share all the
0:52 things I'm about to share with you for
0:53 free. And if you do this, you're going
0:55 to end up bigger and more profitable
0:56 than your wildest dreams. Let's get into
0:58 it. Step one is you have to understand
1:01 something called laps. Laps, laps, laps,
1:04 laps. That is the engine room of your
1:06 business. Laps stands for leads,
1:08 appointments, presentations, and sales.
1:10 It's the flow of opportunity that
1:12 connects attention and interest through
1:14 to money in the bank. So, what we're
1:15 going to do is we're going to really
1:16 break up the lapse framework into leads
1:19 and appointments, which is finding
1:21 opportunities, and presentations and
1:23 sales, which is making money. Now, you
1:24 definitely want to stick around for the
1:25 presentation and sales bit, cuz that's
1:27 where the money hits the bank. Step one,
1:29 let's get you more warm leads. Don't
1:31 skip ahead. I know you want to get to
1:33 the presentation bit. I know you want to
1:35 get to more sales, but let's start by
1:37 expanding your pipeline. How do we get
1:38 more warm leads? We're going to get more
1:40 warm leads with this three-part system
1:42 that has been proven academically and
1:44 practically in the real world. The three
1:46 parts is short form content into long-
1:49 form content into signals of interest.
1:51 Let me just break it down nice and
1:52 simply. In order for people to become a
1:54 lead who's warm and in your pipeline,
1:56 they have to get to notice you and get
1:57 to know you so that they can signal
1:59 interest that they want to work with
2:01 you. How are they going to notice you?
2:02 They're going to notice you through
2:04 short form content on social media. Now,
2:06 the research says that people notice you
2:08 for the first time when they see you for
2:09 the 11th time. So, you've got to produce
2:11 a lot more content so that people have
2:13 the opportunity to see you 11 times.
2:15 Now, the harsh reality is that the clock
2:17 resets every 90 days. So, if they don't
2:19 see you 11 times within 90 days, they
2:22 don't notice that you ever exist. So,
2:23 that means at a bare minimum, you've got
2:26 to be posting every few days on social
2:28 media. My recommendation is that if
2:29 you're not posting every single day on
2:31 social media, you're leaving money on
2:33 the table. For a small business, I
2:35 recommend choosing one platform. And
2:36 then when you're a bigger business, I
2:38 recommend choosing four platforms and
2:39 posting every single day. Now, what are
2:41 you going to post? You're going to post
2:42 anything at all that hooks the attention
2:44 of your perfect customer. So, you're
2:46 going to have an ideal customer in mind.
2:48 You're going to share with them things
2:48 that could be strange, things that
2:50 they've never heard before. You could
2:51 share with them amazing, desirable
2:53 outcomes that they want to get. You
2:54 could share with them free value. Or you
2:56 could talk about familiar topics that
2:58 they already want to know about. These
3:00 are some of the things that will go into
3:01 that short form content. Short form
3:03 content is anything that can be
3:05 experienced by a customer in 1 to three
3:07 minutes. It's posts, its images, it's
3:10 short videos, it's carousels just coming
3:12 out there and it just lands on social
3:14 media every single day and it typically
3:16 has a call to action which is to go to
3:18 your main account and experience some
3:20 long- form content. Now, what is long
3:22 form content? Long- form content is the
3:25 type of content that takes 10 minutes to
3:27 2 hours to consume. It could be a long
3:29 post. It could be a PDF report. It could
3:31 be a 10-minute video. It could be a
3:33 1-hour podcast episode. Or it could be a
3:35 2-hour workshop that you invite people
3:36 to. What we're looking for is just to
3:38 clock up time with people. See, there is
3:40 some research from Professor Robin Dunar
3:42 that says people need to spend 2 to 7
3:44 hours with you in order to feel like
3:46 they know you and trust you. So, one of
3:48 the first things that you want to do is
3:49 get more people consuming long- form
3:52 content. The short form content drives
3:54 people to the long form content. My
3:56 personal experience tells me that you
3:57 should have four pieces of long- form
3:59 content available for people to watch,
4:01 read, or listen to. You don't need that
4:03 on day one. You're going to build up to
4:04 having four pieces of long form content
4:06 across the course of 12 months. And it
4:08 could be podcast episodes that you go
4:10 on. It could be longer videos that
4:12 produce longer reports that you write or
4:14 maybe even a book. Either way, your
4:16 short form content gets people to
4:18 consume some of this long form content.
4:20 All of that is happening on social
4:21 media. Once people have consumed some
4:23 long- form content, you then want to ask
4:25 them to signal their interest. You want
4:26 a signal of interest that says, "I'm
4:28 interested to know more. I want to work
4:30 with you in some way." So, there's a few
4:32 things that work really, really well for
4:33 a signal of interest. You can ask people
4:34 to join a waiting list. You can ask
4:36 people to fill in a form as an
4:38 expression of interest. You can ask
4:39 people to fill in an assessment where
4:41 they take an online assessment to see if
4:42 they're ready to work with you. You can
4:44 get people to join a discussion group or
4:46 one of my favorites is to get people to
4:48 join a live webinar. When they register
4:50 for any of these things, you can count
4:52 that as a strong signal of interest that
4:54 they're interested in what it is that
4:56 you do. Now, the reason that you know
4:57 that this is a signal of interest is
4:59 because all of this short form and long
5:01 form content happens on social media,
5:04 but the signal of interest happens on
5:06 your landing page. In order for people
5:10 to go to the landing page, they have to
5:12 have seen you on social media, clicked a
5:14 link, gone across to a landing page and
5:16 filled in a form, which means they've
5:18 given you a strong signal of interest.
5:20 And when we get those signals of
5:21 interest, we have a special name for
5:22 that. We call that a lead. Now, if you
5:25 want to ramp this up, you can do it in
5:26 two ways. Number one, you can pick your
5:29 highest performing short form content
5:31 and you can boost it with ads.
5:33 Additionally, you can fire off direct
5:35 messages to carefully selected
5:38 individuals who you think would either
5:40 enjoy your long- form content or who you
5:43 think should be filling in a signal of
5:45 interest page. So, you can use direct
5:46 messages as well. And if all of this is
5:48 working well, you can collaborate with
5:50 others who have a similar audience that
5:52 you're trying to target, but they have a
5:53 non-competitive offer. And you can work
5:55 together through joint ventures or
5:57 sponsorships in order to ramp up the
5:59 number of people who know who you are.
6:01 But all of that needs to culminate in
6:03 these signals of interest that we're
6:05 going to call leads. Now, once you've
6:06 got leads, you can move to the next
6:08 step. So, you've generated some leads.
6:10 Now, it's time to book some
6:11 appointments. Now, bear in mind, we
6:12 haven't even gotten into the value where
6:14 the money is going to hit the bank. Stay
6:15 with me. This is meant to be a training
6:17 video. It's not meant to be a short
6:19 piece of content that you consume as
6:21 you're scrolling. This is designed to be
6:23 a gamecher for your sales process. So,
6:25 stay with me. Keep your pen and paper.
6:27 Let's keep learning together. As soon as
6:29 someone fills in a lead page, you want
6:31 to follow up as quick as possible. And
6:32 you have one goal when you're reaching
6:34 out to someone, and that is to book an
6:36 appointment. It's to get a commitment
6:38 that they're willing to spend some time
6:39 with you. You see, the first sale is not
6:41 about the product. It's about getting
6:43 people to commit that they're going to
6:44 explore what you have to offer. It's a
6:46 commitment of time, not a commitment of
6:48 money. So, there are four steps to
6:50 booking an appointment. Step one is to
6:52 reaffirm relevance. You want to let
6:54 people know that they filled in a form,
6:56 that they were interested in in a
6:57 particular topic, and now you're
6:59 following up. So, you're letting them
7:00 know that there is relevance. Step two
7:02 is an optional step if you're using the
7:04 phone to follow up. And that is to ask
7:06 permission. This is where you say, "Have
7:07 I caught you at a good time? I've got 1
7:09 to 2 minutes to follow up based upon the
7:11 fact that you filled in that form. Can I
7:13 be really, really quick and just share
7:15 with you who I am, why I'm calling, and
7:16 see if it's appropriate to set an
7:18 appointment with you." So, that's just
7:19 getting some permission. If you're using
7:21 asynchronous communication like text
7:23 messages or emails, you don't need the
7:25 permission step. Step three is where
7:27 you're going to pitch your value so that
7:29 they know whether they want to commit to
7:30 an appointment. So here's what we're
7:32 going to do with the pitch. The pitch is
7:33 that you're going to use the framework
7:36 name, same, fame, pain, aim, and game.
7:42 And we call this a hook pitch or a
7:43 social pitch. So name is obviously your
7:45 name and your business's name. So who
7:48 are you and where are you calling from?
7:49 Same is what is something similar to
7:52 what they already understand. They
7:53 already know that you can put yourself
7:55 in that category. If I'm talking about
7:56 one of my businesses called book magic,
7:58 I say we are an online piece of software
8:00 that helps people to write a book much
8:02 faster than if they were using Microsoft
8:04 Word. I'm putting myself into a category
8:06 called software and I'm comparing myself
8:08 to something similar that they might
8:10 already know. Fame is what makes you
8:13 special or different. This could be a
8:16 special number that you've achieved. It
8:17 could be a special association or an
8:19 award that you've won, something that
8:21 makes you stand out. So, if I was
8:22 talking about book magic, I might say,
8:24 "We recently won AI startup of the
8:26 year," which is a little bit of fame.
8:27 Now, I might also say something like,
8:29 "We've already worked with 300
8:30 customers." Or you might say, "I've
8:32 worked in this industry for over 10
8:33 years, and I've worked with big brands
8:35 that you've heard of, such as X, Y, and
8:36 Zed." So, pain is where you address the
8:38 pain or frustration that people
8:40 experience before they buy from you. I
8:42 might say if I'm talking about book
8:43 magic over 50% of the population want to
8:45 write a book but less than 2% of the
8:47 population ever achieve that goal. So
8:49 I'm now talking about a pain or a
8:50 frustration. And then aim is what you
8:53 aim to do about that. So you might say
8:55 we're creating a software platform that
8:57 allows 10 times more people who start a
9:00 book to finish the process and hold that
9:02 book in their hands. And then game is
9:04 the bigger vision of what your business
9:05 wants to achieve. Our goal is to
9:07 democratize the book writing process as
9:10 much as Amazon democratized the book
9:12 distribution process. So all of that
9:15 should fit pretty neatly into about 30
9:17 to 45 seconds if you were to say it out
9:19 loud and it should fit into a paragraph
9:21 if you put it in a text or an email. So
9:23 you're giving people all the essential
9:25 information for them to understand what
9:26 you're talking about. Name, same, fame,
9:29 pain, aim, and a game. After you've
9:31 gotten that across, you then want to ask
9:33 if they're willing to commit to having
9:34 an appointment. So, you simply say,
9:36 "What I'd really love to do is set a
9:38 time that we could talk, and here's the
9:39 link to my diary, or if you can suggest
9:42 a few times that work for you, I'll try
9:44 and work around your schedule." Now, if
9:45 someone is interested, they're going to
9:47 definitely try and make a time with you.
9:49 Or if someone has heard all of that
9:51 information about who you are and what
9:53 you do and why you do it, and they're
9:54 not interested, I can promise you it's
9:56 better to just end things right there.
9:58 You're not looking for everybody to set
10:00 an appointment. It's very normal for out
10:02 of every 12 leads for less than half of
10:04 them to set an appointment. Now, before
10:06 we move on, as an advanced step, if you
10:08 start getting lots of leads come through
10:10 your pipeline, you want to introduce a
10:11 step called lead qualification. Lead
10:13 qualification is that when people fill
10:15 in that online signal of interest form,
10:17 you're going to ask a few questions.
10:18 You're going to ask people which best
10:20 describes your current situation, which
10:22 best describes the outcome you're
10:23 looking for, which types of solutions do
10:25 you already have in mind? You might ask
10:27 a few of those qualifying questions. And
10:29 those qualifying questions help you to
10:31 choose who you're going to have an
10:33 appointment with. So in the early days,
10:34 it's often the case that it's worth
10:36 having an appointment with anyone who's
10:38 willing to have an appointment with you
10:39 just to hone your skills. Once you start
10:41 scaling up, you want to qualify your
10:43 appointments so you're not wasting time
10:44 on people who are never going to buy.
10:46 Now, by the way, we've completely solved
10:48 this problem. If you want to set up one
10:49 of these signal of interest landing
10:51 pages, you can do all of that on
10:53 scoreapp. And scoreapp.com has templates
10:55 that allow you to set up those campaigns
10:57 effortlessly. In addition to that, it
10:59 automatically gets you to ask those
11:01 questions, those qualifying questions,
11:02 so that you can segment your list and
11:04 only deal with lots of leads that are
11:06 already qualified. So, if you haven't
11:07 done so already, check out scoreapp.com,
11:09 which is a business that I'm involved
11:11 in, and it allows you to set up your
11:12 lead generation effortlessly. Now, when
11:14 you're reaching out to people, they
11:15 don't really care about the business or
11:17 you personally. They care about getting
11:18 their problem solved. So, it doesn't
11:20 really matter whether you say that
11:21 you're talking about you personally or
11:23 whether you say that you're representing
11:24 a business. What matters most is that
11:26 you're connecting with the problem or
11:28 frustration that they're experiencing.
11:30 This little bit here called the pain. If
11:32 you hone that in so that people can
11:33 relate to that problem, then you're
11:35 going to book the appointment. We've
11:36 talked about leads. We've talked about
11:38 appointment setting. Now, it's time to
11:40 talk about the presentation. Now, the
11:41 presentation is where you make your
11:43 money. This is where people either
11:44 connect with what you have to offer or
11:46 they drop it from here. The difference
11:48 between a fast growth business and a
11:50 business that stalls is often how you
11:52 present it. This presentation is a major
11:55 component to the growth and success of
11:56 your business. I don't care if you've
11:58 already got 500,000 to 5 million of
12:00 revenue or you're just starting out. If
12:01 you improve your presentation, you're
12:03 going to overtake your competition. Now,
12:05 presentations aren't easy. Get ready. I
12:07 want you to have a pen and paper. We are
12:09 going to go through what I normally
12:10 cover in a day. We're going to do it in
12:12 a few minutes. So, I want you to be
12:13 ready to take all of this in. A great
12:15 sales presentation has 10 components.
12:18 And these 10 components, you got to get
12:19 all of these right if you want to make
12:21 consistent sales. Component number one
12:23 is called framing. Framing is your
12:25 ability to show up as high value before
12:27 you've even opened your mouth.
12:29 Everything that people experience prior
12:30 to the sales meeting or at the very
12:32 beginning of the sales meeting is the
12:34 framing of the sales meeting. Now, for
12:36 example, when you go into an Apple store
12:38 and you meet an Apple genius, just the
12:40 fact that they've called them Apple
12:41 geniuses, it gives them a framing that
12:44 is more than a salesperson on a retail
12:45 floor. If I was going to meet you for a
12:47 sales meeting and you said, "I want to
12:49 meet you in a Starbucks coffee shop or I
12:51 want to meet you in the foyer of a
12:53 really beautiful hotel." Just the
12:54 difference in that decision sets a
12:56 completely different frame. Even when
12:58 you meet someone online using Zoom or
13:00 Microsoft Teams or something like that,
13:01 the framing is still important. Have you
13:03 ever met someone on Zoom and you can see
13:05 a messy bedroom behind them? That is
13:07 really bad framing. It just ruins
13:09 professionalism straight away. It would
13:10 have been so much better had they
13:12 created a branded virtual background,
13:14 something that screams professionalism
13:16 as opposed to dirty laundry. Now, that's
13:17 just an extreme example of framing, but
13:20 extrapolate that in any way that you
13:21 want to. So, great sales people, they
13:23 pay attention to how they frame their
13:26 sales meetings. They meet in the right
13:27 place. They communicate in advance. They
13:29 show up powerfully. Everything about
13:31 that whole initial experience
13:33 communicates trust and authority. The
13:34 next thing we want to do is build
13:37 rapport. Rapport is a fancy word for the
13:39 friendly little bits of chitchat that
13:40 you have at the beginning of a sales
13:42 meeting in order to connect. Great
13:44 salespeople are experts at creating
13:46 rapport. They don't have to spend 15,
13:47 20, or 30 minutes. They can build
13:49 rapport in just a few minutes and then
13:51 get into the sales meeting. A few little
13:53 rules with rapport. Use the person's
13:54 name, find some common interest, smile,
13:57 be polite, be complimentary. If you know
13:59 people in common or you've got things in
14:00 common, you can reference that. All of
14:02 that rapidly builds rapport. Now, once
14:04 you've built rapport, I want you to do
14:06 something where you ask people
14:07 permission in order to go into a sales
14:09 process. So, here's how I like to do it.
14:10 I say something like, "We can either
14:12 have a bit of a chitchat today and get
14:14 to know each other or I've got a bit of
14:15 a process where I can ask you a series
14:17 of questions and then give you some
14:18 recommendations as to what to do next.
14:20 Would you like to have a chitchat or are
14:21 you happy to go through the process?"
14:23 Now, what most people do is they say,
14:25 "I'm more interested in going through
14:26 the process." Either way, I'm going to
14:28 go through the same sort of steps
14:29 whether it's in a relaxed way as a
14:31 chitchat or a more professional way as a
14:33 process. I'm going to hit these same
14:35 bases regardless. So, what are these
14:37 bases? The first thing we have to do is
14:38 find out what is their present
14:40 situation. The present situation is how
14:43 they would describe the current
14:44 situation they're in and what's less
14:46 than perfect about it. So, if I was
14:48 selling something like coaching or
14:50 consulting, I'd ask them all sorts of
14:51 questions about their existing business
14:53 and what they've noticed that hasn't
14:55 lived up to expectations. and we would
14:56 call that their present situation. The
14:58 next thing we want to know is their
15:00 desired outcome, which I like to call
15:02 their prize. People don't buy products
15:04 and services. People buy access to the
15:06 prize or the desired outcome that
15:08 they're looking to achieve. If I told
15:09 you that you could buy a Ferrari, but
15:11 you're never allowed to drive it, and
15:13 you've got to always keep it in storage.
15:15 You wouldn't be excited about Ferrari
15:16 ownership. The only reason you'd be
15:18 excited to have a Ferrari is because it
15:20 fits within a movie that you like to
15:23 play in your mind about what Ferrari
15:24 ownership would be like. You imagine
15:26 yourself with somebody special driving
15:28 across an incredible landscape in the
15:31 Ferrari and the sound is there and the
15:32 sun is out and all of those things are
15:34 there and that's what you imagine
15:36 Ferrari ownership would be like. If I
15:37 told you you were not allowed to drive
15:39 the car and you had to keep it in
15:40 storage, you'd have no interest because
15:42 it doesn't match up to the prize that
15:44 you're imagining. The key to great sales
15:46 is to understand the movie that somebody
15:48 plays in their mind when they think
15:50 about what it would be like to own your
15:52 product or service. when they think
15:53 about what would be on the other side of
15:55 owning your product or service. The next
15:57 thing is to understand the problem. The
15:59 problem is that you've tried to achieve
16:01 this prize in the past, but you keep
16:03 bumping into problems. Or you might ask,
16:05 do you have any criteria that is
16:07 important to you in getting the thing
16:09 that you want to get to? Here we have a
16:10 dynamic and the dynamic is that there is
16:13 a present situation that's less than
16:14 perfect. There's a prize that would be
16:16 much better and there are problems that
16:18 sit in the way that have to be solved in
16:20 order to get to the prize. Now, you as
16:22 the salesperson need to clarify this
16:24 situation. You need to understand these
16:26 three elements before you make any
16:27 recommendations about products or
16:29 services. I want you to think of this as
16:31 almost like having three baskets and
16:33 you've got to fill each basket full to
16:35 the brim. You need to really understand
16:37 the present situation and what that
16:39 looks like and why it's less than
16:40 perfect. You really need to understand
16:42 fully what is the prize and all the
16:44 elements that go around it. And you
16:46 really have to understand all the
16:47 obstacles, criteria, and problems that
16:49 sit in the way. When you've filled up
16:51 those three baskets, you're going to
16:52 feel a sense of confidence that when you
16:54 present what it is you have to offer,
16:56 it's going to be a perfect fit with
16:58 their worldview. Now, in a good sales
16:59 call, there's a balance between speaking
17:01 and listening. Now, in this first
17:03 section of the sales meeting, you're
17:05 doing a lot of asking questions, and
17:07 you're getting them to do a lot of
17:08 speaking. The goal here is for them to
17:10 talk and to share as much as they can
17:12 about their situation, where they are
17:14 now, where they want to be, what's in
17:15 the way. At this point in the sales
17:17 meeting, you're doing a lot of listening
17:18 and not a lot of talking. you're just
17:20 asking questions. But all of that's
17:22 about to change. We're going to change
17:23 gear from listening to speaking. And
17:25 we're going to cover three important
17:27 bases. Base number one is sharing
17:29 insights. Base number two is sharing a
17:32 method. And base number three is sharing
17:34 a solution. Sales people who fail, they
17:37 jump straight to the solution. They go
17:39 straight into the product or the service
17:41 that they want to sell and they skip the
17:43 insights and the methods. Sales people
17:44 who do okay but not brilliantly, they go
17:47 into a method then a solution. And the
17:49 best salespeople in the world, they go
17:51 to insights first, then method, then
17:53 solution. The best salespeople in the
17:55 world are the ones that are prepared
17:57 with special insights that give them
17:59 authority. So what is an insight? An
18:01 insight is a big picture perspective
18:03 that allows people to better understand
18:04 their situation. This is where you share
18:06 something like a framework or you share
18:08 something like research. It has nothing
18:10 to do with your product or service. It
18:12 helps people to understand that you've
18:14 seen their situation before and you know
18:16 their world better than they know their
18:17 world. So for example, when we talk
18:19 about Dent accelerators, we never start
18:22 talking about the accelerator which is
18:23 the solution and we don't talk about the
18:25 five Ps, which is how to become a key
18:27 person of influence. We talk about the
18:29 idea that founderled growth is an
18:30 essential element that gets you from
18:32 half a million to 5 million of revenue.
18:34 We spell it out through something called
18:35 the entrepreneurial journey. And we show
18:37 people that if they understand this
18:39 entrepreneurial journey and they
18:41 understand the concept of founder
18:42 growth, then they're well placed to
18:44 rapidly grow their business where their
18:46 current revenue becomes smaller than
18:47 their future profit. Now that insight
18:49 leads into the question, well then how
18:51 do I achieve founder growth? And the
18:53 method is the five-step framework that
18:55 we have called the five Ps to becoming a
18:58 key person of influence. So the insight
19:00 leads nicely into the methodology. Now,
19:02 let me give you some other examples. If
19:04 I was to talk to an amazing fitness
19:06 trainer, the fitness trainer would not
19:07 start by telling me that I need a
19:09 fitness trainer. They wouldn't start by
19:10 telling me the gym routines that I need
19:12 to be executing on and the diet plans
19:14 that I need. They might start with
19:16 something like the role of hormones in
19:18 weight loss. They might tell me the
19:19 reason that I've struggled in the past
19:21 is not because of the number of times
19:22 I've been working out, but because I
19:24 haven't addressed an underlying hormonal
19:26 issue. and they might tell me that the
19:27 methodology for addressing that involves
19:30 sleep, exercise, diet, and
19:32 supplementation. Now, from there,
19:34 they're well placed to then tell me
19:35 about their solution. And the solution
19:37 would be all of those things packaged
19:38 together. So, we need to go from an
19:40 insight into a methodology, then into a
19:43 solution. We do not pitch the solution
19:45 until we've first addressed the insights
19:47 and the methods first. I promise you,
19:48 this is going to be the major difference
19:50 between low conversions at a low price
19:52 and high conversions at a high price.
19:54 Now, the homework that you're going to
19:55 have to do separate to this video is
19:57 you're going to have to construct what I
19:58 call your golf bag of insights and
20:00 methods. And the golf bag analogy is
20:02 this. If you're a golfer, you've got
20:03 different clubs in the bag, and they're
20:05 suitable for different situations. So,
20:07 you have a putter for when you're on the
20:08 green and a driver for when you're
20:09 teeing off, and you have a sand wedge
20:11 for if you find yourself in the sand
20:13 trap. And it's all about knowing which
20:15 club goes with which situation. So, what
20:17 you need to do is develop five to 10
20:19 insights and methods that you're going
20:21 to use when you encounter different
20:22 situations. So, if someone tells you
20:24 about their prize and they're looking
20:26 for a particular outcome and you've got
20:28 an insight that relates to that prize,
20:30 that's already there. It's in your golf
20:31 bag. You've rehearsed it. You've
20:32 practiced it. If someone says that
20:34 they're struggling with a particular
20:35 problem and you know that a certain
20:37 methodology relates to that problem,
20:39 it's in your insights golf bag. It's
20:41 ready to go. You pull it out at the
20:43 right time. So great salespeople, they
20:45 have this mental golf bag of insights
20:48 and methods that are perfect for when
20:50 they encounter certain situations with
20:52 potential clients. All of those insights
20:54 and all of those methods lead people to
20:56 the conclusion that they want to buy
20:58 your solution. And here's what I
20:59 recommend. I recommend having your
21:00 solution ready to go in something called
21:03 a gold, silver, and bronze version. An
21:06 entry-level package if someone doesn't
21:08 have a lot of money to spend or if they
21:09 want to get started slowly. a mid-level
21:11 package that allows people to spend a
21:13 decent amount of money and get started
21:14 at a moderate pace or a gold version
21:17 which allows people to spend a lot of
21:19 money and get as many results as they
21:21 can possibly get if they want to go
21:22 allin. Now, remember this, the human
21:25 brain is more than 50% dedicated to
21:27 visual processing. And when you present
21:30 a solution, you have to do so with
21:32 visual aids. You've got to have either a
21:34 brochure or a slide deck that explains
21:37 the solution so that people can see it.
21:39 If people can't see it, they're very
21:40 unlikely to buy it. Now, consider this.
21:43 Every single day of the week, people buy
21:44 multi-million dollar properties off the
21:46 plant. They buy those because they've
21:48 seen a brochure and they've seen a small
21:50 scaled down plastic model of what the
21:52 project's going to look like. And
21:53 provided they can see the physical
21:55 brochure and they can see that little
21:57 scaled down model, they're happy to sign
21:59 a contract for millions and millions of
22:01 dollars just on those two visual aids.
22:03 All the time, big companies will buy
22:05 smaller companies off the back of a
22:06 slide deck. And provided the executives
22:08 can see a slide deck or they can see a
22:10 physical brochure for that business,
22:12 they're much more likely to go ahead and
22:14 commit. I see all the time business
22:16 owners who present their solution,
22:17 they're talking about it. They're
22:19 passionate, they're enthusiastic, but
22:20 they do not give people a visual aid and
22:22 they do not get anywhere near the number
22:24 of sales that they should simply because
22:26 they can't present their offer visually.
22:28 So far, you've built some rapport,
22:29 you've found out a bit of information
22:31 about their situation, you've shared
22:33 with them some insights, some methods,
22:34 and finally, you've presented the
22:35 solution. That leads us to the
22:38 discussion where you invite discussion
22:40 with the person about how they perceive
22:42 the solution. So you might say something
22:43 as simple as, "How does that land for
22:45 you?" or "Does that feel like it meets
22:47 your needs?" Or, "Does that feel like
22:48 it's a good fit for what you're looking
22:50 for?" This is where you shut up and let
22:51 them think. Sometimes people think for
22:53 as long as 15 or 20 seconds before they
22:55 answer that question because they're
22:57 thinking about it. They're taking it all
22:59 in and then they're getting ready for
23:00 what they want to say next, which is
23:02 going to start the discussion. And the
23:03 discussion is about whether it meets
23:05 their needs and whether it's at the
23:07 right price. So this is where you're
23:08 going to discuss all of the elements.
23:10 You might discuss whether they related
23:11 to the insight, whether they connected
23:13 with the method, whether they think the
23:15 solution is the right solution, whether
23:17 they want bronze, silver, or gold, and
23:18 how much they're prepared to spend. All
23:20 of this becomes the discussion as to
23:22 whether the solution is a good fit. Now,
23:24 my biggest tip for the discussion is to
23:27 never enter into what I call a
23:29 conversational tennis match.
23:30 Conversational tennis is where you get
23:32 into question answer question answer.
23:35 They say what about this and you say
23:37 well here's my answer to that and they
23:38 say what about that and you go backhand
23:40 here's my answer to that. Instead of
23:42 getting into conversational tennis I
23:43 want you to act like one of those ball
23:45 boys on the tennis and the ball boy just
23:47 catches the ball right and then holds on
23:49 to it and they wait until they're asked
23:51 for it. What does that look like in
23:52 conversation? They might say something
23:54 like I'm not quite sure if it's the
23:56 right price. And you say okay so price
23:58 is important. Is there anything else
23:59 that you're thinking about? And you're
24:00 just holding on to the price objection.
24:02 And they say, "Well, I'm not sure about
24:04 the timing." You say, "Okay, it's
24:06 important to get the timing right. Let
24:07 me just document that as well. Let me
24:09 write that down." You might have a
24:10 notepad. You might just write down price
24:11 and timing. They might say, "I'm not
24:13 sure about the color. I'm not sure if I
24:14 want blue or red or purple." Okay,
24:16 interesting. So, I'll just write down
24:18 here. It's got to be either blue, red,
24:19 or purple, but that still has to be
24:20 decided. Is there anything else? And
24:22 they say, "No, that's it. That's all of
24:24 the things." And then once they've said
24:26 that's all of the things, that is where
24:28 you begin to respond to the things that
24:30 they've said. You don't get into this
24:31 back and forth and back and forth and
24:32 back and forth because that feels
24:34 exhausting in a conversation. You group
24:35 it all together and you answer it all as
24:38 one big thing. Now, the final step is
24:40 called completing. If it turns out that
24:42 someone is ready to buy on the spot, you
24:44 complete the sale. You literally fill in
24:45 all the paperwork. You begin the process
24:47 of onboarding them as a customer. You
24:49 fire off the emails that you need to
24:50 fire off. You update your CRM. You do
24:52 whatever it is that you need to do to
24:53 complete the sale. But it's often the
24:55 case that someone says, "Okay, I'm
24:56 really sure that this is for me, but I
24:58 need to get sign off from my board." Or
25:00 they might say, "I really love the
25:01 solution in principle, but I just need
25:02 48 hours to see with a few of my team
25:05 members if we can actually on board this
25:07 in the real world." Or they might say,
25:08 "I like the solution, but I'm not ready
25:10 to get started. Would it be okay if you
25:12 follow up with me in a month?" Whatever
25:13 happens next, you're going to have some
25:15 completion activities. You're going to
25:16 schedule some things. You're going to
25:17 update a CRM. You're going to do all the
25:20 things that allow you to either complete
25:21 the sale and on board the customer or to
25:23 follow up when you agreed that you said
25:25 you would. If someone does want to
25:26 follow up, I would really recommend
25:28 getting the follow-up into the diary as
25:30 soon as possible. So, if someone says,
25:32 "I need to follow up in 48 hours," make
25:34 an appointment said go back to the
25:36 appointment setting phase and make
25:37 another appointment. If someone says,
25:38 "Let's talk again next month," see if
25:40 you can get them to open their phone,
25:42 look at their calendar, and just commit
25:43 to another time. So you can get that in
25:44 the diary straight away so that you've
25:46 completed by having a concrete plan
25:49 going forward as to what happens next.
25:51 Now I've just given you so much here.
25:52 This is 10 steps. Each one of these
25:54 steps we could spend half an hour to an
25:56 hour perfecting. But I wanted to give
25:57 you the framework for making a great
25:59 sale so that you at least know what it
26:01 is that you're going to be working on.
26:02 And I really want you to do some
26:03 homework around this. See if you can
26:05 figure out where are you strong, where
26:07 are you weak already, and see if you can
26:09 then work on your weaknesses so your
26:11 overall sales presentation gets better.
26:13 Okay, we're on the home stretch here.
26:14 You've generated some leads. We've
26:16 booked some appointments. We've had a
26:17 great sales presentation. Now, it's time
26:19 to make sure that you're maximizing your
26:21 sales opportunities. This is where the
26:23 money hits the bank. For most
26:24 businesses, between the presentation and
26:26 the sales follow-up, you can double the
26:28 business. Now, I don't say that lightly.
26:30 I've done this across multiple
26:31 businesses in multiple different
26:32 industries. And I'm just really telling
26:34 you, I promise you, if I came into your
26:36 business, if you paid me a fortune to
26:38 come and consult with you, I would be
26:40 looking at the sales presentation and
26:42 the sales follow-up as one of the
26:44 primary ways to double the business and
26:46 massively, exponentially improve your
26:48 profit margins. How do we think about
26:49 sales follow-up? You've had a
26:51 presentation, and this is one of the
26:52 peak moments where it's likely that
26:55 someone is ready to go ahead and ready
26:57 to sign up. In the first 48 hours after
26:59 a sales presentation, that is a peak
27:00 moment where someone is going to commit
27:02 and sign up and begin onboarding as a
27:04 client. And then it starts dropping off
27:06 from there. Let's imagine that you've
27:08 got anywhere between a week and 3 months
27:11 to be able to do some sales follow-up
27:12 where you're still relevant and you're
27:14 still checking in and you're still
27:15 dealing with a hot prospect for that
27:17 amount of time. The research says that
27:19 you want to follow up at least seven
27:21 times. What's crazy is that most sales
27:23 people spend all of their time talking
27:24 to new people and they very rarely do
27:26 the sales follow-up because sales
27:28 follow-up is a little bit icky. It's a
27:30 little bit exhausting. It feels
27:31 frustrating. You've got to be creative
27:33 as to why you're getting back in touch
27:35 with someone. But you want to plan this
27:36 out. You want to have some reasons to
27:38 get back in touch. You want to tell
27:39 people that there's some sort of a
27:41 special offer that's coming up. You want
27:42 to tell people that there's another
27:43 insight that you want to share. You want
27:44 to tell people that you've just recorded
27:46 a new customer testimonial video and you
27:49 wanted them to see it. or you wanted to
27:51 follow up on anything that was
27:52 discussed. So someone might say, "I'm
27:54 really interested in this, but after I
27:55 get back from my annual holiday." Great.
27:58 That's a time to follow up. Someone
27:59 might have said, "I'm really interested
28:00 in this, but I need to check with my
28:02 director." Okay, fantastic. That's
28:04 another reason to follow up. So during
28:05 the presentation, there were reasons
28:07 that came up as good reasons to follow
28:09 up. And you documented those on your
28:11 notepad and you put them into your CRM.
28:13 There's also things that you can
28:14 orchestrate like new customer success
28:16 testimonials, new data or research
28:18 that's just come out. any of that stuff
28:20 creates a great opportunity to follow up
28:22 in that first window of maybe a few
28:24 weeks to a few months. But let's be
28:26 honest, there comes a point where
28:27 there's no point following up anymore.
28:29 You've followed up six or seven times.
28:31 You've done everything the research says
28:33 that you should have done and you've not
28:34 yet made the sale. In which case, we
28:36 want to move across to what we call the
28:38 nurture sequence. The nurture sequence
28:39 is about having a series of friendly
28:41 touch points like social media touch
28:43 points or emails. and they're there to
28:45 just remind people that you exist,
28:47 remind them that you've got great value,
28:48 that you can solve problems, and maybe
28:50 even remind people that they've got a
28:52 frustration or a challenge that they
28:53 themselves want to solve. What you want
28:55 to do is put some thought into this
28:56 nurture sequence. Now, what you want to
28:58 include in this nurture sequence could
28:59 be things like testimonial videos. It
29:01 could be things like new insights. It
29:04 could be things like special offers. It
29:06 could be commentary on the news. Or you
29:08 might even just touch base to say, "Are
29:11 you still interested in getting this
29:12 particular outcome?" or it could be
29:14 things like sharing new research or new
29:16 data that's just come out. So that's all
29:18 things that could be covered in a
29:20 nurture sequence. Now finally, there
29:21 comes a time to do something called a
29:23 reactivation campaign. A reactivation
29:26 campaign is where you step it up a
29:27 little bit. So what you can do is do a
29:29 very special little email called have
29:31 you given up on X? Have you given up on
29:33 weight loss? Have you given up on
29:34 business growth? Have you given up on
29:36 protecting your business from cyber
29:38 security threats? Have you given up on
29:40 having a romantic relationship? So, this
29:42 really directly asks people, "Have you
29:44 given up on this thing?" And what you're
29:46 going to say in this is you're going to
29:47 say, "We haven't heard from you for a
29:49 while, and we wanted to know, is this
29:50 still important to you? Have you already
29:52 solved the problem? Have you given up on
29:53 it? Because if you have given up on it,
29:55 we'd love to stop bothering you and stop
29:57 sending you emails, so we'd love to take
29:58 you off the email list. However, if
30:00 you're still interested in this, could
30:02 you let us know that it's still of
30:04 interest to you?" So, you're asking for
30:05 a soft signal of interest that it's
30:07 still of interest to you. Now, if it is
30:08 still of interest, you want to then send
30:10 them an assessment or a calculator. An
30:12 assessment is something that you can
30:14 easily and simply build on scoreapp.com.
30:16 And a calculator could be something as
30:18 simple as an Excel spreadsheet that they
30:20 download. Either way, you're asking them
30:22 to re-engage and to commit that they
30:24 haven't yet given up on getting some
30:26 results here. Now, if they do that, they
30:28 go back to the start. They become a lead
30:29 in the pipeline, and you begin the lapse
30:31 process all over again.
30:35 Okay. Now, I waited until the end to
30:37 share with you some of these amazing
30:38 tips that will take this right through
30:40 the roof for you. Number one, record all
30:42 of your sales presentations using an AI
30:44 noteaker. Have them transcribed and put
30:47 all of it into chat GBT. And what you
30:50 want to do is prompt AI to help you to
30:52 build an even better golf bag of
30:54 insights, methods, and to improve your
30:56 offer, to improve your solution. And you
30:58 can use AI to do all of that once you've
31:00 got a few transcribed meetings. The next
31:02 thing you can do is ask AI to tell me
31:05 the common themes between the sales
31:07 presentations that went really well and
31:09 the sales presentations that bombed. The
31:11 next big tip that I've got is that sales
31:13 and money loves speed. The faster that
31:15 you can follow up with people, the more
31:17 likely you are to make money. What I
31:18 don't want you to do is play it cool. I
31:20 don't want a lead to come in on Monday
31:22 and you think to yourself, "Wouldn't it
31:23 be cool? Wouldn't I be mysterious if I
31:25 followed up next week or if I followed
31:27 up on Friday afternoon?" No, no, no. If
31:29 a lead comes in at Monday at 10:00 a.m.
31:32 I want you to follow up at 10:01. I want
31:34 you to say something like, "I was just
31:35 about to call someone and your name
31:37 popped up on my screen and I thought I'd
31:39 just pick up the phone and call you."
31:40 Or, "I was just about to head out and
31:42 meet with a client and an email came in
31:44 that told me that you're interested in
31:45 X, Y, and Zed, so I thought I'd follow
31:47 up straight away so that you've got that
31:49 information right away." The faster you
31:51 follow up, the more sales you're going
31:53 to make. This is not dating. You don't
31:54 have to be cool. You don't have to be
31:55 aloof. you're far better off being rapid
31:57 in the speed that you follow up with
31:59 people. Now, my final tip is that in
32:01 sales, confidence really matters. And
32:03 the way that you get confidence is
32:05 through repetition. It's getting into a
32:07 rhythm. It's getting into consistency.
32:09 It's doing sales meetings every single
32:10 week. The last thing you want is to stop
32:12 and start and stop and start multiple
32:14 times each quarter. You want to get into
32:16 a lapse rhythm. I really want you to
32:18 keep a dashboard. And what you're
32:19 looking for is a consistent weekly lapse
32:22 number. I want you to have like 50 1062
32:26 or something like that. And it just
32:27 unfolds every single week. 50 leads come
32:29 in, 10 people book appointments, six
32:31 people have presentations, and two
32:32 people go ahead and buy for something.
32:34 And what you're looking for is that your
32:36 laps dashboard looks pretty consistent.
32:38 For my companies, what my lapse
32:39 dashboard looks like is like a gentle
32:42 gradual increase over time. We don't
32:44 have like big spikes and drops and all
32:46 of that sort of stuff. We're looking for
32:48 consistency because you can build your
32:50 business around consistency. It's very,
32:52 very hard to employ people and to scale
32:55 and to grow and to have predictable
32:57 revenues if you're all over the place.
32:59 Confidence comes from getting into a
33:01 really good lapse rhythm. Just like
33:02 fitness, it's all about like going to
33:04 the gym every Monday, Wednesday,
33:05 Thursday, whatever your routine is,
33:07 getting into the routine is half the
33:09 battle. So whether it's you personally
33:10 doing the laps or if you're getting a
33:12 salesperson and you're hiring someone to
33:14 do the laps, we're looking for
33:16 consistency that gives you the
33:17 confidence. So there you have it. We've
33:19 just covered my sales methodology and I
33:20 hope you've taken so much value from
33:22 that. If you've stuck around to the end,
33:24 I know that you are not someone who just
33:25 goes scrolling randomly through YouTube.
33:27 I know that you're the type of person
33:29 who's really looking for breakthroughs.
33:31 So, if you got value from this video and
33:32 you enjoyed it, you are absolutely going
33:34 to love the next video that I want you
33:36 to watch, which is the million-doll
33:37 landing page. I am really thrilled that
33:40 we are sharing your entrepreneurial
33:41 journey together. I'm glad that I can
33:43 share some of my lessons from my
33:45 entrepreneurial journey and you can take
33:46 those lessons and apply it in your
33:48 business as well. If you're enjoying
33:50 these, please give this video a like,
33:52 give it a comment, and if you know of
33:53 another entrepreneur that would benefit
33:55 from these, forward the link to this
33:56 video to them as well. I hope your
33:58 business is doing so, so well and I look
34:00 forward to seeing you next
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