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Sharing What We Learn From One Another

PROFIT WITH A PLAN

7/22/2020

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Marcia Riner is a seasoned business strategist who hosts a podcast called Profit with a Plan. She was kind to interview our founder, Paul Wirth recently about mastermind groups. Her questions were deep, well thoughtout and got to core of what business owners and industry leaders may be interested in learning about mastermind groups. If you have been asking yourself what mastermind groups are and what benefits you can derive from participating in one, we would encourage you to listen to https://www.profitwithaplan.com/e/ep66-masterminding-w-paul-wirth/.

If you are thinking about working with a seasoned financial business strategist to catapult your business to the next level, please reach out to Marcia at [email protected]. Her company is called Trajectory Consulting. She also has a fantastic download called 6 Tips to Help Small Businesses not only Survive but THRIVE, which I encourage you to download as well at www.FAILProofBiz.com.
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Transition from Transactional to Client-Centric

7/6/2020

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As we emerge from the COVID pandemic, many of us will have to rebuild our sales skills to meet a new reality. That new reality is that we have to transition from transaction-based selling to customer-centric selling. When conducting a conversation with a prospect or client we need to break down the conversation into four components.
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  1. Empathy. Let’s spend a few moments in genuine conversation about their situation by asking how they’re doing and where we can help.
  2. Permission. Wouldn’t it sound disingenuous to go from empathy to pitch without first asking permission to pivot the discussion to business? Asking permission shows respect and offers the prospect or client a moment to change their mindset too.
  3. Why Should They Care. Our value proposition needs to resonate with the prospect or client or it will fall on deaf ears. So, spend some time crafting your pitch to what’s important to your prospect or client and make sure it is not a features and benefits dump.
  4. Brevity. There is so much going on in all of our lives today and to listen to a long, drawn out pitch will hurt chances to connect with prospects and clients.

The moral of all this is that we need to be more sensitive to our client’s needs today and that we have to really pay attention to their needs.  Our goal should be to deepen relationships at a more personal level and to offer value beyond product and service. In essence, we need to convert our sales process from transactional to client-centric.

Many thanks to Brad Leggett is the CEO of The Legget Group – a premiere strategic sales coaching and consulting firm, and Marc Brener is a Director with Energy Experts International, a firm dedicated to renewable and sustainable energy efficient solutions to the Industrial and Commercial marketplace who contributed to this article.
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    Paul wirth

    Founder & Chief Facilitator

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