Deb Pilgrim's Blog

My aim for this blog is to provide YOU with ideas, strategies, tools and knowledge about how to market and grow your business. These articles provide answers around how you can grow your business - faster and more successfully. Simple, how-to-solutions that can impact both your business and life success, in an easy to read format.

The Money Is In Your List

Deb Pilgrim - Thursday, November 24, 2011

 

You've probably have heard the saying:  "the money is in the list",

well - it's true.  It is in your list.  And it's a frustration that a client brought to her mentoring call this week. She was all flustered because she keeps hearing that to do any good, you've just got to have a BIG list.

 

What I believe is more important is that you have a responsive list!

 

What's the point of having a list of ten or thousands if no-one is opening your emails, let alone buying from you.  Wouldn't it be better to have a smaller list, filled with clients who can't wait to open your emails and read what you have to say.  Who look forward to your latest product or service launch, and are happy to purchase from you.

 

No I'm not saying that you stay with a small list, you do want to continue to build it, but build it strategically. The way you can do this is by being very clear on your strategy around building your list.  If you have a clear strategy, you build quality rather than a quantity. 

 

Your first strategy is to be very clear on who your ideal clients are. The clearer you can be about this, the better understanding you will have around what you can share with them.  If you've worked through our e-book on 'Identifying Your Ideal Clients', you will be clear on who these people are. Take time to really understand what their concerns, challenges and dreams are.  Develop your avatar about these clients and have it somewhere you can see it regularly to remind you about them.

 

Your second strategy is developing a relationship with your clients through the content you provide.  When writing, make sure you are conversational. This isn't the time to become a bureaucratic writer!

A tip to remember is when writing articles or emails imagine that you are sitting across the table having a coffee with your ideal client. Have a conversation with them, use conversation tones and make it easy for them to get to know you.

 

For those of us who aren't natural writers, it does take time to get use to writing in this style.  I know for me it took a while to write more conversational, as having a Defence Force background my style was very militant and rigid.  Even now after many, many years I still find I'm learning from each article I write.

 

The final strategy is to be aware of how you position yourself.  You want your clients to see you as a leader within the marketplace.  To see you as someone who is willing to take a stand on what you believe in and inspire others. Someone who is willing to tell your story to connect with your clients.

 

Think about the e-newsletters you currently open and read, what makes you want to open those particular emails? My guess is that it has less to do with the instructional information, but more to do with the individual person and how you see them...

 

Now you've got a strategy to follow, what are some of the tactics you've used to build your list?  Please share them with us on our blog or Facebook page.

Interview with Melanie Summer - Telstra MYOB Small Business Winner

Deb Pilgrim - Wednesday, October 12, 2011

When I sent this interview out in my VIP newsletter, I titled it "She had me at HELLO" - and when I first spoke with Melanie Summer, she did!  I knew that our interview was going to be fun and real, that there would be no pretense.  I knew that Melanie would reveal to us warts and all, what she did to turn her business from a $250,000 debt into the multi-million dollars business it is today.

 

Here's the interview:  Melanie Summer

 

If you want to know a little more about Melanie, here you go:

Melanie Summer is an award-winning business owner who oversees a multi-million dollar glamour photography company with 23 staff.  Her success hasn't come easily - she has battled bankruptcy, stress, language barriers, confidence and self-esteem issues, all while being a single mother with little or no support.  Like many small business owners, Melanie realised early on that passion and hard work are wasted without clarity of vision and that being a victim of circumstances is a mindset, not an excuse.  Rather than give up she chose to transform her life and her business by taking on a coach, immersing herself into every self-help seminar she could lay her hands on, re-training as a hypnotheraphist/public speaker and creating a focused, clear roadmap for business success.  Within three years she turned a $250,00 debt into a multi-million dollar assess and was recently awarded the Telstra National MYOB Small Business Award for her remarkable achievements.  Melanie lives and works on the Sunshine Coast with her daughter, Dana. 

 

Feel free to leave your comments below.

Is Your Offer Irresistible?

Deb Pilgrim - Thursday, August 18, 2011

When a new client comes on board, one of the areas that we look at fairly early on in the coaching process, is what their offer is to their potential clients, and how can they best position this offer to bring in new clients to their list. 


You’ve all heard that you want to be able to capture people's
details when they land on your website, but putting up an opt-in form for a newsletter these days is just not going to cut it!  Email addresses have the same value as your personal home address, which is not something that you are willing to give out to just anybody.


To have the honour of someone giving you their email address, you want to make sure you give them something of value in return.
  There are many ways in which you can offer this value.  It could be a special report, an audio CD, an introductory teleclass, a workbook, an e-course, a downloadable audio, a video or a checklist.  The possibilities are endless!


Take a moment now and
check out your website:
  Do you have an offer of value there waiting for your clients to download, or are you asking them to sign up for your newsletter or to just stay in contact?  If you don’t have an offer of value, then over the next week, I’d like to encourage you to spend time developing your free offer.  And YES, I did say a free offer! 


If you’re not sure how to begin
, then think about your ideal clients, and ask yourself "W
hat are some of the challenges they are currently facing?"   Make your offer something that will solve one of their challenges.

From here, you can then decide which delivery mechanism would work best for these potential clients.  Would they prefer to receive an audio download or a white paper?  Perhaps they might prefer a workbook or simple checklist.  Because you know your ideal clients so well, you’ll easily know which method is more likely to have them opting in quicker.


There may be no charge for this offer, but that doesn’t mean it’s not of high value.
  Don’t be scared to give something away that is of extremely high value and quality content.  You want these potential clients to remember YOU, and not your competitor up the road! Remember that there is now so much information out there, that it’s easy for them to do a search and find the information they are after. But who knows if this information is the right information?


You know that when they land on your website, your offer is not only of high value and content, but it will give them the results they need, as your
past clients have proven that your information works! In addition, when your offer is high in value, you build credibility as well. 


Now I’m not saying that you give away the whole box and dice.
  That just wouldn’t be a good financial move.  What I am saying is that you give away the ‘what’, but not the complete ‘how’.  You want to engage them, so that they come to you for assistance in the execution.


As we know, your offer is created to bring prospects into your community, s
o that you can stay in touch with them, continue to add value to their day through your services and products, and build a strong, trustful relationship with them.


As I mentioned earlier, if you don’t yet have a high value offer in place on your website, now is the time to go and create one.
 


If you do have such an offer
, excellent!  Although, can you check your facebook page: do you have this offer on your welcome tab as well?  Too often I see clients who may have an offer on their website, but on their facebook page they still want people to opt-in to their newsletter list. You don’t want to do this, because the conversion rate won't be as high as what it could be, if you had your value-add offer there.  


Let's continue our conversation, feel free to jump over and leave your comments and ideas around what your offers are on our blog.

Customer Service - Giving the WOW Factor

Deb Pilgrim - Thursday, August 11, 2011

Jenny Towers from Customer Service Specialist, in her Business Building Block's presentation on "The WOW Factor", provided research results conducted by American Express about customer service.  In the results it showed that Australia had the highest number of respondents who believe companies are 'helpful, but don't do anything extra to keep their business', with 46% believing this is true.

  • 25% of respondents believe companies take their business for granted, while 10% think companies don't care about their business - a result that has more than doubled from a year ago.
  • 73% of consumers are willing to spend more money with a company they believe provides excellent service.
  • For those businesses that do deliver great service, consumers are willing to pay an average of 12% more, up from 8% last year.

Your clients are you business, and without them you wouldn't have a business.  Today, stop and ask yourself: 

  1. How can I serve my clients better?
  2. What do I need to do to provide extraordinary client satisfaction?
  3. Do I really know what experience my clients receive when they decide to purchase from me?


When speaking about client satisfaction, people often remark, that really it's just customer service.
  Many people don't see that there is a difference, but I believe the difference between customer service and client satisfaction is all in the terminology. I personally think it is time to move the focus from service into satisfaction.

I recently heard a great distinction between these two terms: customer service is more of a reactive attitude, whilst client satisfaction is seen as adopting a proactive attitude. Being proactive in your business and with your clients is much easier than being reactive, and as we all know, it is less expensive and less time consuming for us to keep our current clients rather than go in search of new clients all the time.

Dynamic Business Magazine published an article I wrote about Client Satisfaction, and I thought I would re-post here for you part of the article.

Five Steps to that Buried Treasure of Extraordinary Client Satisfaction, that:

Discover Treasure#1: Be really clear on who your ideal clients are.

You can never really know too much about your clients.  Understand the underlying drivers of your ideal clients.  Underlying drivers are the beliefs, feelings, and desires that drive your clients’ buying behaviour.  Once you understand this, and I mean really understand this, you will not only begin to speak the language of your ideal clients, but they will hear and understand what you can do for them.  They will know that you are the person who will help them solve their issues or challenges.  They will realise this because not only do you know these people, but you are also clear on the benefits your products or services provide.  If you have been following me for a while now, you will know that I am constantly talking about how you need to be clear on the benefits and results your products and services provide. This is not new, but what we often forget is that while clients will buy the product for the benefit, they will stay for the experience. You want to make sure the experience they have with you is worth staying for.  Think about ways in which you can continue to provide your clients with an extraordinary experience.

Discover Treasure#2:  Make sure that your clients’ expectations are always met.

What are the expectations your clients have of you or your services?  Do you really know, or do you simply presume you know?  When was the last time you asked a client what they really expected from you?  These are all great questions to consider, because when you are clear on these expectations, this is when the extraordinary client experience can really kick in.  Not only are you satisfying your clients’ initial needs, but also you have taken the time and effort to further understand them.  The experience you then provide them can be different from anything they have previously experienced


Discover Treasure#3: Re-affirm that the decision to buy from you was the correct decision.

A simple way to do this is by not over committing. Once a client has decided to buy your product or service, don’t forget about them.  Put in place a strong communication strategy that will support your client and the relationship you want to build.  Be responsible for the types of communication that are being sent, and be aware that it is your responsibility to ensure your clients understand your messages.   And remember, once they have made that initial purchase, don’t forget about them.  A great technique to consider is to check in with them 24 hours after the initial purchase, and answer any questions they may have about the product or service you provided. Another way is to use your client testimonials for retention, not just in the initial pre-purchasing stage.  Again, include some of your testimonials in your initial follow up emails, to remind the client that they have made the right decision in wanting to purchase from you and your business.

Discover Treasure#4: Treat each client as an individual, and take the time to find out who your best clients are.

By understanding this, you can increase the lifetime value of these clients. You spend so much time bringing these clients in, so why not do what you can to keep them? Really get to know your clients – find out about them and keep up to date with what is happening for them.  Understand what they want from you.  It might be that they don’t need to receive a discount on a current product, what they may need is a more advanced course or product to keep them moving forward.  They may need to work with you exclusively, or they may need you to refer them to some one who can better meet their needs at this point in time.  Be willing to do what you can to serve your clients at the level they deserve.


Discover Treasure #5: Deal with complaints – Immediately!

When a client contacts you to complain about a product or service, look at it as a blessing in disguise.  For every client who may complain, there are probably many who don’t, but who may spread negative comments about your business.  So in the situations where you might receive a complaint, deal with it immediately and deal with it honestly.  If you need to give a refund, exchange a product or do a repair, ensure that you do this as soon as possible. Seeking client satisfaction benefits your business in the long run.  In addition, why not offer the client a special offer or bonus on another product or service as well? Show your clients that you value their business.  And remember, once you have dealt with the complaint, take the time to rectify the problem. It is in your best interest to solve any problems as soon as you possibly can, and learn from the issues that came to light to make sure they don’t happen again.


Ten Treasure Filled Ideas For Extraordinary Client Satisfaction:

1.  Never take your clients for granted.  Be thankful for each one of them.
2.  Think outside the box, and go the extra mile for your clients.
3.  Stop and listen to what your clients are saying, and understand what they really need.  Don't presume you know what they need.
4.  Always put yourself in the same playing field: Never think you are more important than anyone else.
5.  Communicate clearly.  In fact, why not over-communicate!
6.  Ask for feedback, and be willing to accept what your clients are feeding back to you. Make the necessary changes if required.
7.  Work with clients you want to work with!
8.  Host a client appreciation event.
9.  Take the time to really know your clients.  Be able to tell a story about them.
10.  At the end of the day - have fun with your clients.  Isn't that why you are in business?


Let's continue our conversation, feel free to jump over and leave your comments and ideas around what you do to provide the WOW factor on our blog.

Identify your Ideal Clients, easily and effortlessly!

Deb Pilgrim - Thursday, June 09, 2011

We’re currently two-thirds of our way through our 90 Days - Get More Clients Coaching Program.


This program has specifically provided participants with a step-by-step framework to allow them to grow their business. Over the next few weeks, participants will be stepping up to the plate and presenting their business to other members of the group. 


As part of their presentation, they’ll include all of the information that I’ve provided to them over the past eight weeks in our training webinars.  For me, this is such an important part of the learning process that is often forgotten. Asking participants to use all of this information and present it back to the group further embeds the learning process, and reinforces how you can use the information and make it relevant to you.


One of the areas that we have been looking at continually through this process is that of their ideal clients.  Understanding who your ideal clients are is something that as a business owner you don't want to take lightly  , and I thought it might be nice to do a refresher and look again at who your ideal clients are…


1.  Make a list of all of your clients and note down some things about them.  For the activity, let’s focus on the demographic profile of your ideal clients.  Start with looking at questions like: What they do, how much they spend with you, what you like about them. Are they all from a certain industry or profession?  Are you passionate about their issues or challenges?


Then look at the psychographic profile of your ideal clients.  What are their beliefs, their attitude, what do they think about, how are they feeling about their current situation.  How do they make decisions?


2.  From this list, look for what patterns are occurring and who is sitting in the top 20% - is it professional woman who run their own small businesses; male engineers; contracts with government agencies; new mums; start ups etc. 


3.  Focus your efforts on this top 20%.  Research this group and find out more about what they need, what issues they are facing, where they hang out, are they willing to spend money on services and products?


4.  Now armed with this information - ask yourself: How can you reach them?  What can you do to be more visible to this market?  Once you research your market, develop your message and be clear on what you can do to solve their challenges.  You can begin to write articles, speak at their industry conferences, and become the go-to person for these people.


Your challenge is to spend your time focusing and working with this top 20%, let go of the other 80% and watch what happens to your bottom line and to your own passion and excitement. You will find that your message becomes more clear, and your clients will better understand what you do and how you can support them.


To further support you learning transfer, feel free to share with me your responses to these questions.

Guy Kawasaki Agrees with Me!

Deb Pilgrim - Thursday, April 14, 2011

This week I was reminded about how important it is for us to really focus on and believe in the H.C.I.S.Y Business Model. The How Can I Serve You business model has slowly been coming to the surface now for the past few years – finally!  It may be the model you already follow or it may be the model that you are moving into.  Which ever it is – Welcome!


It hasn’t always been this way, and I remember when first starting out in business nearly twenty years ago, how an ‘expert’ made me feel wrong for wanting to focus on my clients success, rather than the money I could make. 


In this particular business training course, we were asked the reason why we were in business.  Most answered that they wanted to make money, whilst there were a few of us who actually spoke about our passion for being in business and the difference we felt we could make. 


It’s seems strange doesn’t it that you would want to be in business to make a difference and add value to others! 


At the time, we were almost laughed out of the room, and told that we probably wouldn’t be in business for long.  So I started to wonder if my focus needed to change.  After all, he was the ‘expert’ and we had all paid a lot of money to be there that day. 


Against my ‘inner judgement’, I took his advice and started to focus on the sale, the money – and it did start to work (for a while). But it was a hollow win. I stopped being excited about my work and it started to feel like a chore, a job. The freedom that first drove me to work for myself was taken from me, and the passion was being constricted.    


After a while, I decided that trusting myself was more important and bringing back the passion into my work was going to be the focus. You see, we know that being the best you can for your clients and supporting them well, that the money will come.


And I was reminded of this again earlier this week when on a call with Guy Kawasaki, who wrote the book Enchantment: The Art of Changing Hearts, Minds and Actions.  On this call, he said, “Money is a natural outcome of doing something well, so focus on your passion when building your business.” 


It’s so true, don’t you think?


Are you in business and following your passion?  Or are you doing what you think you need to do to make money?


Now don’t get me wrong, I’m not saying that you don’t want to be making money (otherwise, there will be removalist trucks at your front door before you know it!).  I’m just saying that when you focus on serving others, delivering results, and being passionate about the value you add – then the natural outcome will in fact be financial success…


What are your thoughts?  Do you engage in the H.C.I.S.Y Business Model or are you stuck in the outdated W.I.F.M Model





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