You Choose

You Choose

           You have an important choice to make as you plan for 2009.
You can focus on reducing your ‘cost of sale’ or focus on preventing the ‘cost of NO sale’!
          You have been telling your clients that our economy is cyclical.
You have explained that the trough in that cycle is an ideal opportunity to increase market share and that doing so will give them a coveted edge as we enter the recovery phase.
          It’s all true. This graph from the Nation Bureau of Economic Research points out how each recovery and boom is bigger and longer than the one before.  Wow! I can’t wait, because that last boom was pretty darn good.
 
          So if all of this is true, do you have the will to practice what you preach? Or will you cut your marketing and training budgets and drive your rates and revenues to new lows that will be hard to recover from?
          What is your plan and strategy to capitalize on the opportunities created by an economic slow-down?  Will you act out of desperation or will you strategically improve your market share and revenues by helping your clients sell more when they need you most?
         
          ENS Media Inc. has two specific programs designed to increase sales for you and your clients during tough times.  Email Wayne if you would like us to contact you to discuss increasing your sales in 2009.   

Email Marketing

E-Marketing Your Stations

 
ENS on Sales is sent to you FREE every week to stimulate your grey matter into thinking about ways to increase your sales and profits.  But once in a while we have to try to make a living too!
Today’s ENS on Sales explores The Ten Demandments, Kelly Mooney’s essential handbook for email marketing to informed, empowered and demanding customers.
We have listed her Ten Demandments here to help you design your own email newsletter or e-marketing system for your stations.
Our SoundADvice radio e-marketing system meets all Ten Demandments at an investment you cannot possibly beat with an in-house product!
 
The 1st Demandment:  Earn Trust.  Your emails must have integrity.
SoundADvice; Does not hard sell, and gives your advertisers and prospects marketing tips from you that they will welcome.
 
The 2nd Demandment:  Inspire. Your readers want to be inspired to do something that will improve their business.
SoundADvice tells advertisers that ‘advertising can’t make a bad business a good business’ and gives them a new tip each week on how to build a better business and make their advertising work harder.
 
The 3rd Demandment:  Make it easy.  Keep your emails simple, relevant and make them a satisfying experience.
SoundADvice takes less than 30 seconds to read and you’ll receive emails every week telling you how much advertisers appreciate your tips.
 
The 4th Demandment:  Put the reader in charge. The reader needs to be in charge of how much email they receive.
The initial SoundADvice is short and to the point, but readers have the option of clicking through for additional information on every topic.
 
The 5th Demandment:  Guide your readers.  Anticipate their needs and give them the tools they need to interact with you.
Ens Media Inc. surveys all responses to SoundADvice to keep them timely and topical, and readers simply click on your account executive’s photo or your call letters to send you a message or request more details.
 
The 6th Demandment:  24/7 Busy business owners expect 24/7 access.
SoundADvice lets you monitor and respond to all advertiser inquiries immediately.
 
The 7th Demandment:  Get to know your prospects.  Keep solid records and know what interests your prospects.
SoundADvice monitors and issues regular reports to you on the topics each of your readers request additional information about.
 
The 8th Demandment:  Exceed readers expectations.  Give customers more attention than they expect.
Every SoundADvice has a companion training document for account executives to become experts on the topic and arms you to make an appointment to give advertisers the information and tools they need to grow their businesses.
 
The 9th Demandment:  Reward your readers.  Reward your readers by giving them special exclusive offers.
SoundADvice allows you to issue your own special offer to your prospects and advertisers once per quarter.
 
The 10th Demandment:  Stay with them.  Make it clear you want your relationship to extend beyond their first purchase and follow up after their interaction.
Every SoundADvice gives your readers valuable information they can use whether they purchase from you this week or not, and provides valuable marketing tools you can deliver to your prospects and customers after every interaction.
 
If you have thought of developing your own email campaigns, but do not have the time or resources to do so, consider SoundADvice.
Click here for a special offer to be the exclusive SoundADvice stations in your market. (Offer available to eight markets on a first come first served basis!)      

Realistic Goals

The Right Goals for Tough Times

 

Having a goal to bill $1 million without having a plan to get there, is like dreaming of building a house without figuring out how many bricks you need to build it.

 

          The three most important aspects of setting goals are;

1.) Have goals

2.) Have achievable goals

3.) Have challenging goals

         

          Choosing the RIGHT goals can make all the difference when clients and prospects are nervous about the economy.

          To be ‘achievable,’ your goals must be controlled by you.  You have no control over the economy, client fears, or even over getting an order signed.

          What you do control is your activity; the number of new business calls you can make each week, the quality of your presentations, the number of spec commercials you present, the size of the orders you ask for, and various other sales and relationship-building activities.

          Two things will happen when you set activity goals instead of end result goals;

1.) You can always achieve your goals and feel like a winner.

2.) You WILL improve your sales and your end results.

          For your goals to be ‘challenging’, they must take you onto higher ground and require more effort than you have exerted in the past.  Whatever got you where you are today, won’t be enough to get you where you want to be tomorrow.

          If you know your closing ratios, average sale figures, and execute enough of the activities which are required to make sales, you will succeed.   

By focusing on that which you control (activities not sales), sales will happen!

          When times are tough, attitude is everything. If your goal is to make a sale, and you don’t, you feel like a loser. If your goal is to make the best darn presentation you’ve ever made, you feel like a winner just making it, and odds are the sale will follow if it really was that good.

 

P.S. Procrastination is the assassin of opportunity!     

 

What “Activities” have you planned for 2009?

ENS Media Inc. can introduce your team to new activities guaranteed to increase your sales! 

For more info, contact [email protected]

 

The Gift of Gab

The ‘Gift’ of Gab

        Every once in a while I meet a sales person who proudly proclaims, “I’ve got the gift of gab.”  In sales, that ‘gift’ is more aptly described as ‘the curse of chatter.’

        Successful sales professionals know that sales is really more about listening than it is about talking.

        Those with the curse more often engage in product feature speak than they do in providing customer-focused solutions or opportunities.

        Customers don’t care how much you know until they know how much you care….and caring is demonstrated by listening.

        Listening is by far the most important and difficult skill a sales professional can learn and practice.  The sales people who annoy and alienate prospects the most are those who claim to be good listeners but follow every customer objection with a “yah, but…..”

        There is no room for the word ‘but’ in a good listener’s vocabulary.

To be a professional listener you need to;

1.) Earn the right to ask questions by learning something about the prospects business before you make a call.

2.) Prepare with open ended questions that encourage the prospect to express their views and feelings.

3.) Demonstrate you are listening by taking notes. (Always ask permission to take notes. “Your input is important to me, do you mind if I take a few notes?”)

4.) Paraphrase and summarize what you hear.  Don’t start a debate.

5.) Use the language and needs you hear the customer express when you make your presentation.

6.) Make certain that every benefit you present relates to a need you heard the prospect express.

There is a lot more money to be made being interested than there is in being interesting.  So why not shut up and make some money!

SELLING IN A TOUGH ECONOMY:  Have you considered having Wayne Ens facilitate this enlightening workshop for your sellers?

 

Power of the Paper Trail

Harness the Power of the Paper Trail

 

If the only tangible your customers receive from you is a presentation and an invoice, you are missing the boat.

         

The value equation is simple;

 

Value = Your Customer’s Expectation + or – Your Customer’s Actual Experience.

 

          Here is the good news. YOU control both ends of this important equation. Value is a perception rather than a reality, and you have the tools to create realistic expectations and take credit for over-delivery on those expectations.

          Many sales people, however, in a frantic effort to capture a sale, make promises and build expectations they can not possibly exceed. And just meeting the customer’s expectation does not deliver the positive value perception you need to build strong customer relationships.

          What is even sadder, some sales people who do deliver an experience greater than the expectation do not take credit for doing so!

          Do you deliver an impressive written wrap up report after each of your major campaigns, complete with photos of customer traffic and outlines of what you did over and above what was contracted for? Do you conduct a post campaign analysis to make each campaign better than the last? Do you ALWAYS under promise and over deliver and have a paper trail to prove it?

          Radio has often been defined as an ‘intangible’. The dictionary defines tangible as ‘able to be perceived by a sense of touch’.

          Delivering comprehensive wrap up reports to your clients, with scripts, schedules, photos and more, can actually make their radio investment tangible!

           Account executives who deliver tangible evidence of their over-delivery in the form of a written wrap up report soon find themselves immune to pressure from competitors who do not manage the experience side of the value equation.  

         

Budgeting for next year?  Consider including our ‘Making Radio Tangible’ seminar for your team!