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© 2012 E-Myth E-Myth Online Seminars The audio for this event will play through your computer speakers. Please be sure your speakers are plugged in and that your volume is up. Lead Conversion: Don’t sell, satisfy

Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

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Page 1: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

E-Myth Online Seminars

The audio for this event will play through your computer speakers.

Please be sure your speakers are plugged in and that your volume is up.

Lead Conversion: Don’t sell, satisfy

Page 2: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Over Three Million sold since 1997

Translated into 29 Languages

Taught in 118 Universities

Voted the #1 business book by Inc. 500 CEOs

Listed in “The 100 Best Business Books of All Time.”

Served over 50,000 businesses in 145 different countries

Page 3: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

A philosophy and a

comprehensive

business

development

framework that

encompasses both

what to do and how

to think about it.

Page 4: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Lead Conversion: Don’t Sell, Satisfy

Page 5: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Session Key Messages

� Think beyond the “one-time sale” and look for a lifetime relationship.

� The customer is part of your business not just outside your business.

� Customer needs are more important than your own.

Page 6: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Session Overview

• Seven Centers of Management Attention™

• Lead Generation (what comes before)

• Lead Conversion Barriers

• 5 Key Steps to Effective Conversion

• Impact and Confidence

• Needs-Based Selling Functions

Page 7: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

7 Centers of Management Attention

Strategic business foundation centers that set up the experience.

Direct customer experience centers and outward facing systems.

Page 8: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Business Frustration: “Not Enough Sales”

Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business.

Lead Conversion: A lack of conversion could mean the wrong type of leads are coming and therefore impossible/difficult to convert. Your “value proposition” is not understood clearly compared to competitors. How about pricing? Do you have a sales process that everybody follows? Do you know why people really buy?

Client Fulfillment: This could mean the promise is broken and the customer experience is poor, therefore, no referrals (passive or active) happen. Even worst, customers vote with their feet and talk negatively about the business.

Page 9: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

“I’m of two minds…”

Logic Emotion

Page 10: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Satisfy vs. Sell

The purpose of Lead Conversion is to satisfy the decision that was already made in Lead Generation.

Page 11: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Where does the sale fail?

Thinking of them as “sales.”

Making it more work than it needs to be.

When we think the job is to win over, we ultimately lose.

Just seeing an empty shell with a wallet.

$ $ $ $ $

Page 12: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

The heart of the matter

This is not a call to do battle, this is a call to communicate!

This is not a call to battle… this is a call to communicate!

Page 13: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

What gets in the way?

Page 14: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Universal Lead Conversion Process

Offer the ProductOffer the Product

Provide the SolutionProvide the Solution

Determine Their NeedsDetermine Their Needs

Repeat the Emotional MessageRepeat the Emotional Message

EngageEngage

Page 15: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Step 1: Engagement

Page 16: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Step 2: Emotion

Page 17: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Step 3: Determine Their Needs

How do you do this?

Need to systemize it.

Page 18: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Step 4: Providing the Solution

Page 19: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Step 5: Offering the Product

Don’t forget to

ask for the order!

Page 20: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Lead Conversion Process Before

Asking if the customer needs help is a close-ended question that results in “no thanks” 80% of the time

and shuts down the conversion conversation prematurely.

Page 21: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Lead Conversion Process After

Page 22: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

What gets in the way?

The technician who knows too much about the

product, but has not taken the necessary steps to find

out what they need to know about who’s buying

the product.

Blah…blah…blah

…blah. Now I’m

really confused.

Page 23: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Impact and Confidence

Page 24: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Needs-based Selling Functions

Page 25: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Your Worksheets

Page 26: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

Adopt A New Perspective

� Think beyond the “sale” and look for a lifetime relationship.

� The customer is part of your business not just outside your business.

� Customer needs are more important than your own.

Page 27: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

The E-Myth Mastery Program®

Request a free Business Consultation with an E-Myth

Program Advisor

www.e-myth.com

Toll Free in the US

800.221.0266

Outside the US

+1 541.552.4636

Page 28: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth

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Page 29: Lead Conversion: Don’t sell, satisfy - Business Coaching · Lead Generation: This could mean that not enough leads coming in and/or the wrong people are being attracted to the business

© 2012 E-Myth 29

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