|
Have you found yourself “spinning your wheels” trying to
get prospects to do business with you? Have you often felt like you were
“begging” prospects to buy your services? In this audio tape, a friend of
mine, Michael Blthye, was faced with these frustrations as he tried to sell
his consulting services to restaurants. During this conversation, you will
hear my advice to Michael--advice you can easily apply to increase your
business.
The purpose of this conversation is to identify ways to identify and
pre-sell prospects and decrease the frustration of chasing customers.
You will learn about
• Finding a niche
• Identifying pre-selling marketing collateral and endorsements
• Identifying joint ventures with distributors
• Increasing your return on investment.
If you follow the pre-selling advice you will hear, you, too, will avoid the
time and frustration of “spinning your wheels” and “begging” prospects to
buy. You will then be able to focus on those prospects who will become
paying customers.
Since I interview and review marketing gurus all day for a living, you
can guess I know what works and what don't.
Click here to see how I make my
money.
back to index
Press the
green play and download
the mp3 below. You can
also download the
transcript and mp3 audio
files to reinforce your
learning.
|
Michael: Hi, how are you?
Michael B.: I feel badly about
you having to call on your dime.
Michael: No, not at all. Don’t
worry about it.
Michael B.: Okay.
Michael: Good job.
Michael B.: I was frustrated
over the weekend and I was
thinking about how I have really
enjoyed the restaurant
marketing. I have found my
niche. Marketing is very
general. You can’t do all kinds
of marketing. You have to find a
niche. Do you pretty much agree
with “You can’t do all kinds of
marketing - you have to find a
niche.”
Michael: You’re more effective
by finding a niche.
Michael B.: Okay.
Michael: You want to niche. It
is more profitable and you’re
identifying a target specific
market, people respond to that.
Michael B.: Right. I was really
going over, and thinking
strategically, about what you
had said to me last week.
Michael: Okay.
Michael B.: I wanted to talk to
you just a little bit further
about that.
Michael: All right.
Michael B.: My frustration, as I
have said before, is chasing
people.
Michael: Mine too.
Michael B.: When I sit down and
meet with someone, they seem
very positive. But, a day or so
later, the chase is on.
Michael: Right.
Michael B.: These restaurant
owners are very busy people and
it is the chasing of them,
trying to put the deal together,
that is frustrating.
Michael: Right.
Michael B.: Just to recap: you
had mentioned that instead of
going in and consulting with
them, that maybe I should go
more in the direction of selling
information.
Michael: Correct. Consulting
with them is the same thing.
You’re selling them information
- but you’re choosing to do it
where you have to be in front of
them – when, in fact, it’s
really not a necessary step if
they’re really interested.
Michael B.: Right. That’s what
Rory Pat was doing. He sells a
lot of information but he
doesn’t get in front of them.
Two or three times a year, he
holds a summit or big
conference.
Michael: Which is just an
additional thing to sell his
customers?
Michael B.: Exactly.
Michael: You’re in front of them
because you’re hoping to sell
them, you see? You want to start
all your selling with a sales
letter, a fax, a lead generator,
a telephone script, or by them
listening to you doing an actual
consultation with someone. You
want to pre-sell them. You want
them to say, “Hey, I want to
talk to this guy.” You don’t
want to have to go in and try
and convince them that they want
to increase the effectiveness of
their restaurant.
Michael B.: Okay.
Michael: You want to send out
something that causes them to
raise their hand, or return a
phone call, and say “Hey, I’m
interested. I want more
information.”
Michael B.: Right.
Michael: That “more information”
is going to be reasons why they
should invest in this material
that will help them - guaranteed
or their money back – help them
get better results with their
restaurant. They are going to
have to study it on their own,
because you’re just too damn
busy to come out there and train
them personally. Restaurant
owners are busy and they’re
going to have to find the time
to do it on their own… if they
want to be more successful.
Anyone who doesn’t want to be
more successful, you’re not
interested in - because you are
not going to be able to convince
them to do what you teach them
to do. They’re going to have to
do it on their own.
Michael B.: Right. What I’ve
been doing, I guess, would be
considered cold calling. I think
you’re on to something. I’m
concentrating in southern
California and I’ve got to think
of ways of getting information
to the different restaurants.
That’s what I have to start
doing.
Michael: You could find
restaurants and offer your
consulting and your service for
free … if they’ll allow
themselves to be a case study.
You say, “This is the way it
works: I’m going to do all of my
consulting over the phone.”
Remember when we first talked,
we discussed this. You need to
get yourself a recording device
called Modem Spy.
Michael B.: Right.
Michael: I have a new audio
clip, number fifty-nine, which
talks about this. It teaches you
how to edit the audio file. It’s
a little complicated at first
but it’s pretty easy once you
get it down. It’s very simple.
You need to get maybe five or
ten restaurants to say, “Okay,
Michael, I want you to try to
help me.” Then you do your
consulting with them over the
phone. You record the
conversations and then you can
create a six or twelve tape
program of actual case studies
where you have done consulting.
Just like I’m doing with you.
Every time I talk to someone,
and record something, it’s a
product.
Michael B.: Right.
Michael: Out of those twelve,
maybe you get two or three that
just really kick ass. They are
going to get someone excited.
You can take that recording and
put it on an audio tape and use
that as the sales piece to send
out to people. You can run an ad
or do a fax broadcast to
restaurants, saying, “If you’re
interested in more business for
your restaurant, this free audio
tape shows you how. Call or fax
back to…” Then, you just send
out the audio tape and let them
listen to it. Hopefully a
percentage of those people are
going to be more interested and
want more information.
Michael B.: Right.
Michael: It’s all about time,
about leveraging yourself.
Michael B.: I’ve already created
a six page report.
Michael: Okay.
Michael B.: As a starter. That
is my first product that I’ve
have to somehow get to the
restaurants in my area.
Michael: That’s right.
Michael B.: Hopefully they’ll be
interested.
Michael: Sometimes you may need
to get it out in different ways.
You can get it out in the form
of a written report, but today a
lot of people don’t have time to
sit down and read six pages.
Maybe you can take that report
and read it into a microphone to
record it onto an audio tape.
Michael B.: Right.
Michael: You can also send the
audio tape with a headline that
says “Seven amazing reasons how
you can double you’re existing
food sales in the next thirty
days.”
Michael B.: I’ve got to find
some type of trade publication
that restaurant owners in my
area read. Maybe find an
association that they belong to,
and stop in during a meeting.
Michael: Absolutely. That is
very smart.
Michael B.: I need to find the
lake… the push off.
Michael: You can find that lake.
You know how you find it? Try
talking to some of your
restaurant people. Ask them,
“Are you members of any
associations? What restaurant
associations are there in this
town?” Or you could try to
search “restaurant association”
with your city and zip code.
Michael B.: Right.
Michael:
Sometimes with those
associations, you can rent their
list, or you can advertise in
their publication.
Michael B.: That’s what I am
looking for.
Michael: Another idea is find
out who the big food vendors
are, who delivers the food to
all the restaurants, in your
area.
Michael B.: Oh, that’s a good
one.
Michael: You could go to that
food vendor and say, “Look,
you’re selling food to these
restaurants. How would you like
to increase the value of your
service to these restaurants?
I’ve got an audio tape or report
that shows your customers how to
increase their business. Would
you be willing to deliver this
audio tape or report to your
restaurants in the area as a
service to them… to show them
how to increase their sales? The
more sales they have, the more
food they will buy from you.”
Michael B.: That is so true.
Michael: Look at every person
who supplies the local
restaurants: the food vendors,
the cleaning services, the
people who service cash
registers, the liquor vendors,
the Coca-Cola and Pepsi
distributors, the local
janitorial suppliers who deliver
all of the toilet paper and the
bathroom supplies for the
restaurant.
Michael B.: Right.
Michael: Joint venture with
them. Explain that by increasing
the patronage of the local
restaurants they are servicing,
they can actually increase their
own sales.
Michael B.: On the front-end of
their food.
Michael: On the front-end of
their food. The more customers
they have, the more Coke they
need, the more food they need,
the more toilet paper they need.
It’s a win-win for everybody.
Michael B.: I just remembered
something. Off the freeway, I
just recently saw a big
wholesale warehouse where people
go and buy machinery.
Michael: Absolutely.
Michael B.: There are flyers and
things of that nature that might
be something that I can do
something with.
Michael: That’s a great idea.
You go and talk to a restaurant
owner and ask them for a list of
their vendors or just search
restaurant vendors. You will see
all the types of vendors that
service a restaurant. Work with
these people to show them how
they can increase their business
by helping the restaurant
increase their patronage and
sales of food.
Michael B.: Right.
Michael: So you see? Then what
you can do is this: you can have
them endorse you. You can
approach the owner of the food
distributor who services, say
five thousand restaurants in
your area, and say, “Look Mr.
Distributor, I’m a marketing
consultant and I can double a
restaurant’s customers in the
next six months… if you’re
willing to endorse me and let me
write a letter.” You can write
an endorsement letter and then
all that person does is sign it.
Basically, it says that he
endorses you to the restaurant
owner, as a way to increase
their sales, and that they may
want to take a look at your
video tape or whatever. You get
them to endorse you. So you’re
coming as an endorsement from
the distributor - “Hey Joe, I
meet this guy who’s a real
genius in restaurant marketing.
He can really up your business.
Things have been really tight in
this area, so, here’s an audio
tape you might want to check
out.”
Michael B.: That would be better
then just blind faxing a number
of restaurants?
Michael: Absolutely, you get a
third-party, word of mouth
endorsement. That’s the most
powerful form of introduction
you can have.
Michael B.: Right.
Michael: Maybe instead of paying
for delivery, you can have the
vendor include an audio tape
every time they deliver a box of
lard, or whenever they invoice a
customer. You can say, “I’ll pay
for your postage to get your
invoices to all your restaurants
if you include my audio tape.”
Michael B. Right. I was trying
to think of what was in it for
them.
Michael: What is in it for them,
is that they endorse you - with
the potential of increasing the
restaurant’s business - which in
turn would increase the vendor’s
overall sales with the
restaurant. More customers equal
more food bought from the
supplier.
Michael B.: Okay, more vendor
services.
Michael: More vendor services,
more money. It all starts with
the customer.
Michael B.: Right.
Michael: If you can’t get the
customers in the door, then
there are no sales.
Michael B.: That’s exactly
right. Basically it’s a
no-brainer. It’s the same deal
with car dealers. I work for the
factory and we’re constantly
trying to sell the dealers more
cars.
Michael: Right.
Michael B.: You’re always trying
to get them to buy more of these
cars. More. More. More. More.
They’re constantly telling us,
“Hey, guys, we’re not selling
them. The customers aren’t
buying them.”
Michael: The dealers aren’t
going to buy them unless the
customers are buying them.
Michael B.: Right. So they’re
not buying from us because the
customers not buying from them.
Michael: That’s right.
Michael B.: So we’ve got to come
up with ways to help them move
the product out the door.
Michael: Of course and that’s
the bottom line. You’re going to
come up with ways to move the
product out the door of that
restaurant. The way to do that
is to increase traffic to the
restaurant. “I need your help,
Mr. Vendor. You’ve got to
endorse me. If you can endorse
me, I’ll work with this
restaurant, or the restaurants
you service, to do just that.”
Michael B.: Right.
Michael: That may be the best
way to focus.
Michael B.: That might be the
best way – instead of me just
sending out blind e-mails, blind
packages.
Michael: That’s right.
Michael B.: I called about
seventy owners and they all said
“I’m interested in your package.
Send it to me, and of course
I’ll look at.” Then I’m chasing
them asking, “Have you reviewed
the package I sent yet?”
Michael: You only want to deal
with people who call you back.
Have any of them called you
back?
Michael B.: I sent twenty-five
initial packages out and I got
one call back out of the
twenty-five.
Michael: What did he say when he
called back?
Michael B.: He said, “Hey, I
want to talk to you. Can you
come in?” Right away, we started
doing something together.
Michael: Okay.
Michael B.: I did a free trial
for him, but the owner changed
some things. The bottom line is
that I had one call out of
twenty-five packages that I sent
out. I think that may not be the
best way to go.
Michael: It may not be, but you
just learned that that
particular way may not be the
best way to go.
Michael B.: Right but I’ve got
to find, like you said the “lake
of hungry fish”.
Michael: Right and the lake of
hungry fish is the restaurant’s
vendors because the vendors are
already selling to it.
Michael B.: Right.
Michael: The new audio clip, I
think it’s audio clip number 57,
is on joint venturing and it’s
not even me. It’s a tape I heard
and it’s probably one of the
best presentations on joint
venturing. I think you should
listen to it.
Michael B.: Okay.
Michael: As soon as you can.
Michael B.: I sure will. I’ll
listen to it.
Michael: I think that will give
you a lot of ideas.
Michael B.: Okay, I appreciate
it.
Michael: Okay, Mike, thank you.
Good Bye.
Michael: I want to thank you for
listening.
Thank you again for listening,
this is Michael Senoff with
www.hardtofindseminars.com
. If you want to get in
touch with any of the people in
the interviews, please email me
at
Contact by Email
|