Last time we highlighted the first
three areas to work through in maximizing your current resources. They were:
· Recognizing the obvious
· Unconventional breakthroughs
· Facing the facts
Today we’ll cover the next three,
which are:
· Revealing the soul of your business
· From breaking even to breaking the bank
· Standing up and standing out
Revealing
the Soul of Your Business
Every business has a soul, and you
likely felt the soul of your business the deepest when your business was just
starting. It is that passion, newness and momentum that is palpable at the very
beginning. Sometimes these important intangibles can get lost along the way as
your business becomes more established and set in its ways. It is imperative
that you are able to break out of that cycle and revitalize the genuine soul of
your business.
The philosophy of putting your
clients’ needs above your own is the true key to success. You need to serve
your clients, not sell to them. They want to build a relationship based on
trust, not feel like they are being sold a used car. In addition to gaining
your clients’ trust, you need to be able to solve their problems, handle
special situations, be their friend, and focus on offering valuable, high
quality products and/or services. It is only when you have achieved all of these things, that
you will see the true soul of your business.
From
Breaking Even to Breaking the Bank
One of the classic and most common ways
to attract clients is to offer them a bargain price on their initial purchase
and lock them in for future purchases. This is a common approach with movie or book
clubs, and even credit card companies who offer a reduced interest rate for the
first six months.
This strategy essentially hooks your
clients by offering them a deal that is too good to pass on and then is followed
up with offers for back-end and add-on products along the way. These additional
add-ons are naturally at higher price points and serve to bring your client
into a more long-term relationship with you and your business.
Standing Up
and Standing Out
You need to be able to stand out from
the pack among your competitors if you want your business to be successful. The
only way you can do this through consistency and value when developing and
perfecting your USP (Unique Selling Proposition). Here are some tips to help
you establish and develop your USP:
By focusing on these three techniques
in conjunction with the three techniques we discussed last time, you should
have no problem maximizing your resources. If you need help with any of these
areas and techniques, please don’t hesitate to reach out to me.