How To Sell Yourself The Joe Girard Way

Client Relationship Building, Ideal Client, Sales Techniques, Systems, lifetime value Comments

The Guinness Book of World Records listed Joe Girard as the “World’s Greatest Retail Salesman” for 12 consecutive years.

To achieve this accolade, he sold cars… in fifteen years he sold 13,001 in all. That’s individual brand new retail cars, not fleet or second-hand cars. Allowing for holidays and weekends, that works out to an average of 6 cars a day – every day – for the 15 year period.

Joe had always struggled in his life. With no formal education to speak of (he was expelled from school for a heated argument with a teacher) he moved from one manual labour job to another – dishwasher… dock worker… stove assembler.

He finally met and was taken under the wing of Abraham Saperstein, a Building Contractor who owned his own business. Saperstein liked Joe’s attitude and vowed to teach him everything about the building business. It seemed Joe had finally found his purpose in life. Their friendship grew over the years, until finally Abraham retired, handing over the business to him. Things couldn’t have looked much better…

However… all did not last long… a bad Real Estate deal for some private homes in Detroit cost him his business. He was left without a job, without any savings, and a debt of $60,000. Joe finally hit rock bottom when his wife, June, tearfully told him there was no food in the house and that their kids were begging for something to eat…

Read More »

Building Customer Loyalty

Client Relationship Building, Ideal Client, lifetime value Comments

Last time, I went through the importance of understanding the TRUE customer lifetime value of customers and clients to your business, and how to calculate it.

This time I want to look at WHY it’s important to use this information to focus on building customer loyalty, and retaining your clients for longer.

As I mentioned in the last article, it is between 5 and 8 times more expensive to attract a NEW customer to your business than it is to sell more of your products and services to an EXISTING customer.

But when you realise that the majority of the cost of servicing a customer is in attracting them in the first place, why then do the majority of business owners – and many of the “experts” advising them – STILL focus on lead generation?

Let me ask you…

Read More »

How Creating Client Partnerships Is Key To Beating The Recession

Client Relationship Building, Foundations, Ideal Client, Systems Comments

If you’ve run your own company for any length of time you will know that generating new prospects and converting them into paying clients is the most expensive part of growing any business.

Yet selling more to existing clients costs 5 to 9 times LESS, and is actually an easier sell because the client has already been involved buying from you. As long as they have had a good experience, they are more likely to buy again.

So why is it that people INSIST on driving their customers away?

To give you some examples which may seem familiar to you, here are a few of the things I’ve seen just in the past few weeks…

  • A restaurant I went to the other night for dinner with friends had serving staff who were so rude I will NEVER go back (and I won’t be recommending them either)
  • A franchise opportunity where the franchisor didn’t answer phone calls or respond to emails, even though a friend of mine had spoken to them once and already expressed an interest in spending £60,000 to buy a License (they kept my friend waiting for nearly a week and when they finally contacted him, it was only to say they were “too busy” to have the meeting!)
  • A well known mobile phone provider where the Customers Services representative actually called my partner ‘a liar’ regarding an upgrade request she had previously placed for a new mobile phone (then the girl found the detail already on her computer system but I think she forgot the call was being recorded!)
  • A hotel which is actively being marketed as a place with “Good Coffee and Quiet Meeting Environment” to encourage business people to meet there, but where they serve you pre-made (and quite disgusting) coffee. (I like my coffee…)
  • A major Energy Provider who sent a number of threatening letters to a friend of mine just before Christmas, to pay an electricity bill for £3,425.37 which they later admitted had been sent to the wrong person in error.

Read More »

I Just Sacked A Client

Foundations, Ideal Client Comments

It’s true – last Monday in fact…

I told them I couldn’t help them any more.

Have you ever done that – sacked a client?

I sacked them because they were completely ignoring my advice – the same advice they were paying me to give them…

It happens sometimes, but I think 3 months of excuses is more than enough to put up with.

When I work with a client, I do everything I can to make things work for them. I give them the best advice I can to get the best results I can to give them the best return I can.

But I do expect clients to listen to what I’m saying.

Here’s a brief rundown of what happened…

Read More »

Can You Influence A Client’s Decision After It’s Already Been Made?

Ideal Client, Sales Techniques Comments

Most people make the mistake of selling what they offer to the wrong people, because they don’t truly understand WHO their customers are and WHY they buy.

But that’s just the beginning…

Did you know that your prospect makes their decision to buy, or not to buy from you within the first few minutes (at most) of meeting you… yet they won’t necessarily know it themselves?

This all happens at the subconscious level.

Of all the articles I’ve read on the subject, I think Michael Gerber explains it the best in the ‘E-Myth Revisited’ – if you want to read the full version, then you can find it on page 218, but this is the gist of it:

Picture your customer standing before you – neither happy nor sad, not frowning or smiling – he is completely neutral.

Read More »

8 Things You Can Do To Get Better Response From Your Direct Mail…

Direct Mail, Ideal Client, Lead Generation Comments

Over the last 60 years or so, billions of pieces of mail have been sent by businesses, with the sole intention of growing sales.

These mailings have included everything you could possibly think of:

Simple letters and postcards, CD’s and DVD’s, three dimensional brochures, dustbins and even boxes of cereal have all found their way into letterboxes across the Globe – including the UK!

It goes without saying that billions of pounds are dependent on the success or failure of these mailings.

But what can YOU do to make your Direct Mail Campaigns more effective?

Campaign success is measured as return-on-investment (ROI) – or how many total sales were generated compared to the cost of the marketing campaign.

It’s a proven fact you can dramatically increase the response you get with a personalised telephone call as a follow-up. This has the advantage of making it easy for customers to respond to your message and for you to be able to measure the results. The downside is that it does require extra resource (and cost if you outsource), but certainly worth considering a test on a sample of your list.

Read More »

 

� Copyright 2008-09 - Jez Hunt