Thursday, October 2, 2014

Reaching unreachable people

Image copyright 2004-2014 van Schouwen Associates, LLCI don't answer my phone at the office anymore unless I know the caller.

A lot of my email goes in the trash unread.

I don't even listen to my voicemails.

I can't possibly read everything I need to read.

Does this sound like your customers and prospects? Let's face it, many decision-makers are overwhelmed with demands, sales calls, interruptions, and urgent tasks. This is especially true with the ever-increasing number of channels contributing to information overload. The jaunty concept of the information superhighway is not only antiquated but far out of sync with where we are today; standing in the middle of a field in an intense information hailstorm, with little chance of respite or shelter.

Much as you may empathize with everyone who wants to shut down all the noise, you have urgent needs of your own.

There are customers and prospects to reach, new products to launch and messages and a brand to promote. How can you reach your particular "unreachable people" who have resorted to avoiding unwanted messaging? How do you compete in this crazy environment?

-Use multiple channels. We know that people are still reading, viewing and listening to some information - they are just skipping lots more. What exactly any one person is taking in varies, of course, although there are clear trends among specific groups. By employing, let's say, social media, content marketing, press visibility, select advertising, trade show and conference presence and engagement, and maybe even the surprise of a print (gasp) newsletter, you will get through with some percentage of your efforts.

-Be useful more than you are promotional. Remember, in an ideal world, your offerings solve a problem your prospect has. Give a little, in terms of information, advice or value, and you will enjoy better reception than you would otherwise receive.

-Remember that no matter how busy your prospects and influentials are, they take time out for social media or content that they think constitutes a a bit of a break from their primary pursuits. Since the new equivalent of water cooler socializing and coffee breaks is reading an article on LinkedIn, checking Facebook or reading a blog, be a lively and interesting participant online. Do communicate, on occasion, about something other than your own company and its products. Engage in give-and-take discussions about trends, industry activities, customer accomplishments, and more. People enjoy engaging a lot more than they enjoy being sold to.

-Make it a better world. Guide your company to develop or express social responsibility. Become involved in cause marketing. Sponsor important events. Mentor youth. Create truly green products. Save the environment. Whatever you do, do something valuable - and in the process, reach unreachable people.

-Don't waffle. How many companies start a project (and marketing outreach is as valid an example as any other) and then don't fulfill, change course, lose faith, or make crippling budget cuts? After three decades in the business, the vSA team can assure you that the most successful marketers are continuous, consistent marketers who don't try to grow chiefly by cutting costs.

-Put in your 10,000 hours. Author Malcolm Gladwell estimates that the world's best (at anything) enjoyed not only talent and good fortune but also put in an estimated 10,000 hours of effort before becoming so-called overnight successes. Whatever that true effort-hours number may be, a solid commitment contributes to the difference between mediocre and great results.

In short, it is indeed difficult to reach "unreachable" prospects and customers, but it must be done if you plan to maximize sales and business success. Make sure your message is meaningful, your methods multiple, your purpose at least in part noble, and your activity and motivation unflagging.

By doing ALL these things, you are likely to outperform many of your competitors not only in your reach but in reaching other key, quantifiable business objectives as well.

 

Thursday, September 4, 2014

Too much sales advice and not enough sales?

[caption id="attachment_2194" align="alignleft" width="426"]Image copyright 2014 van Schouwen Associates, LLC Image copyright 2014 van Schouwen Associates, LLC[/caption]

How to develop and implement your own best practices - excerpted from the award-winning Succeeding in Small Business Blog


Not only can achieving sufficient sales be challenging, but the very process is further confused by the often contradictory counsel you’ll get from a myriad of sales experts.

The fact that various experts advocate what seem like completely different approaches doesn’t necessarily mean that somebody is dead wrong – although, in some cases, “experts” are simply peddling their own seminars and consulting services to you. Generally, finding which advice works best for you comes down to weighing factors including what you are selling (business services or  jams), to what types of people you should be selling, your own style and tolerance for specific sales approaches, and the amount of effort you are willing to devote to sales.

My own guidance as provided here is an amalgam of what I, too, have sifted from expert advice, tested by three (long!) decades of selling and supervising others who sell for my company. Let’s examine some common and somewhat conflicting sales advice:

A- Focus on A-list prospects OR
B- Work with a big network of contacts


B! Sure, you’ll focus and follow up where you see potential, but I’ve learned that even “sure things” can dissolve faster than sugar cubes in hot tea. You’ll be less crushed when this happens – not to mention more prosperous in the long term – if you “play the field” in sales, keeping a lot of conversations going at all times.

A-People buy when they are ready OR
B- Always be closing – and if they won’t close, forget them


A and B. Keep lightly in touch with prospects who you sense may become customers someday. Don’t call or email them constantly, or you will become an annoyance (yes, you). But, in my experience, prospects call with a need at unexpected times. By keeping lightly in touch, you help assure they remember to call you instead of someone else.

A- People buy from experts OR
B- People buy from people they like


Mostly A. Customers prefer to buy from people they like, but in the end they typically buy based on need and perceived value. Generally, clearly superior expertise or offerings will trump the old boy/old girl network, although we can all cite exceptions. “I was always well-liked,” claimed Willy Loman in “Death of a Salesman.” Was he? Without proving himself valuable, whatever charm he might actually have had didn’t amount to much. That said, being nice and expert is really nice.

A- Sales is dead; social media and inbound marketing are the answer OR
B- Sales has never been more important


It depends on what you have for sale. It’s a marriage of A and B in many cases. Marketing opens the door, sales closes the deal. Experiment on how the two work hand-in-hand for your company.

A- If you want loyalty buy a dog OR
B- Don’t burn your bridges


B! Unless you have a scheme that involves changing your identity, nothing serves you better than a good reputation. That includes having former clients, employees, vendors, and associates consider you a fair and decent person. The worst salespeople are the sleazy characters who no one trusts, refers or wants to see again.

A- You must make your numbers each month OR
B- It’s a long-term game


B. I’m with Warren Buffett on this. If you are in business for the long term, learn to accommodate sales cycles, seasonal variations and economic ups and downs. Watch your numbers, but don’t fire yourself when there’s a dip for which you understand the reason.

In summary...

It really pays to develop a sales philosophy that suits both you and your company, and to evolve the resulting sales system based on your needs and experience. The next task is to sell, sell and repeat.

Wishing you great sales results.

Tuesday, July 29, 2014

You Don't Have To Be So Fancy All the Time

If you have never experienced a cultural gap between yourself and a child, I venture to say you have never been a stepmother. Perhaps I am mistaken, but this is what I suspect.

For example, prior to venturing into A World of Children I Met Well After Their Births, I believed that I was casual and easygoing. I have recently learned that I am a crazy person, one who swoops in to pick up every peanut and every pre-chewed corn kernel that has landed on what used to be a kitchen floor but now more closely resembles an oversized Rice Krispies Treat.

I have learned that I am not as friendly as once, in my innocence, I believed myself to be, but instead am a person who strongly prefers that the front door of the house not be left hanging open all night ("Welcome, raccoon and possum!" my better self would have said).

I have discovered that I am a person who makes the mistake of reading the writing on tee-shirts, and that sometimes I do not like what the tee-shirts have to say. Perhaps I do not understand the tee-shirt jokes.

I do not like to find anyone's girlfriend's bra in the couch cushions.

I could go on.

But most of all, I have learned that I am "fancy" and that fancy is kind of weird.

"Fancy" is a person who says "don't bite your dinner plate, please" and "did you use your toothbrush today?" Fancy has never longed for a pickup truck, much less chosen a model and color.

Fancy reads books! And likes it! "Books," as one of the children informed me, "don't do anything. They just sit there."

This is true. They do. And when Fancy gets really, really tired, she just sits there, too.

©2014 Michelle van Schouwen, Longmeadow, MA
All rights reserved. 

Friday, July 18, 2014

Entrepreneurship - Learning from start-ups

InnovationEvery few weeks, I have the privilege of hearing early-phase new business plans that entrepreneurs are pitching or submitting to groups for review. Sometimes, I have the honor and the challenge of offering counsel on launching ideas, products and brands. Often, I learn at least as much from the process as I impart.

A few highlights I find fascinating and applicable in business and beyond:

-Focus is important. Daniel Goleman, author of Focus: The Hidden Driver of Excellence, claims that the ability to focus is the primary predictor of both professional and personal excellence and success. The entrepreneurs who most often succeed demonstrate this ability to both see and remain committed to the overarching goals they set.

-Flexibility is important, too. Focus at the expense of the ability to regroup, redirect and (to use the overused phrase - pivot) can go beyond persistence to become foolish stubbornness. When do you know a plan is not working? Thomas Edison famously said, "I have not failed. I've just found 10,000 ways that don't work." Most often, 10,000 failures indicate that it's time to tweak, pivot or discard.

-The best entrepreneurs combine the ability to focus with the ability to continue generating ideas. This is why we see so many serial entrepreneurs, who develop a company, sell it, then develop another. And if an idea doesn't quite work, they can often refashion it into one that does.

-No entrepreneur should be an island. During business plan reviews, many a seasoned business person will offer advice - on concept, phasing, financials, regulatory and testing matters, competitive scene, and more. Not only does the entrepreneur learn something, the rest of the review participants often do as well. There are a lot of really smart people out there, with a lot to share if you have the willingness to hear it.

-This is still a great world full of wonderful ideas. Many of the business plans I hear are still confidential, so just let me say... world health, the environment, education, communication, and a whole lot more have the opportunity to improve thanks to the efforts of focused, flexible, imaginative, and well-mentored entrepreneurs.

 

Friday, May 16, 2014

Four ways your small business must address climate change now

Tornado, courtesy NOAA

This post was originally published in the award-winning Succeeding in Small Business blog. It is re-published here to reach vSA Blog readers directly. Photo courtesy NOAA.

If you follow science, political and business news, or even global weather reports, you likely know that climate change is occurring. While anecdotal evidence and individual severe weather events should not comprise the entirety of our understanding of the issue, climate experts attribute the noticeable increase in extreme weather, including flooding, a “polar vortex” and extreme heat and drought, to a larger and more ominous pattern.

It is unfortunate but perhaps understandable that climate change has not become top-of-mind for many business owners. Climate scientist Dr. Richard Somerville published the enticingly titled article “Is learning about climate change like having a colonoscopy?” Somerville compares people’s desire to avoid facing up to climate change to the desire to avoid hearing unwelcome health information. However, we all know that not having a timely colonoscopy is risky. Ignoring current and pending climate change is similarly counterproductive for a company owner who intends to remain in business over the long haul.

Some large businesses are starting to sound the alarm. Paul Polman, chief executive of consumer goods giant Unilever, gave this April’s Annual Lecture at London's Imperial College Grantham Institute for Climate Change. He said, “Climate change is putting in jeopardy everything we have achieved since the 1960s in respect of poverty, food security, and social stability,” and cited cancelled shipping routes, destroyed power networks, reduced crop yields, and dangerous levels of air pollution. (Meanwhile, Coca Cola, Nike and other major corporations are responding to threats that climate change poses to their own bottom lines.)

What’s a small business owner to do? I suggest four categories of response: Preparedness, participation, purposeful change, and protest.

Preparedness: Volatile weather, economic instability including but not limited to stock market impacts, transportation interruptions, food supply glitches, and regulatory change are just a few of the likely short- and long-term business impacts of climate change. Lest you think I exaggerate the need to prepare now, let me recount our company’s June 1, 2011 experience with a Springfield-and-western-Massachusetts tornado system. The first and largest tornado missed our office by a mere mile. Post-tornado, our staff reviewed and revised our system for off-site data backups and preparedness to work off-site for days or weeks should a similar disaster take the office off the grid. This meant we were adequately prepared, four months later, for the devastating October Nor-easter and resulting seven-day regional power outage. (We were lucky, scant weeks before so-called “Snowtober,” to be on the minimally damaging edge of August 2011’s Hurricane Irene.)

Participation: By this, I am not suggesting you leave all the appliances running, idle your truck engine all day or otherwise become part of the problem. Climate change presents many new ways to provide value for others and to be a positive responder to emerging needs. For example, Environmental Leader details an opportunity that my team regularly promotes among our many construction and architecture-related clients, namely, “increased market demand for sustainable infrastructure and buildings, storm damage repair and reconstruction, energy efficiency retrofits and technologies and climate-resilient structures.” Businesses will also see new opportunities in data storage, alternate office space, travel insurance, business planning services, local food production, and much more.

Purposeful change: Conduct individualized business and personal planning to determine how climate change may impact your situation. At van Schouwen Associates, we now market clients’ sustainable business-to-business products and services such as renewable energy, green building and environmental planning. You may want to reduce your enterprise’s carbon footprint or you may seek new business opportunities that develop as a result of climate change. Your business plan, however you articulate it, should include your response to climate change as it affects your company, employees, customers, community, and region.

Protest: As a small business owner, you have a platform. Make yourself heard. As Unilever’s Polman, who clearly has a large platform, emphasized in his London address, “Climate change risks not only tipping the poorest into deeper poverty, but pulling the emerging middle classes back into poverty as well. Not only is tackling climate change compatible with economic growth, it is only by tackling climate change in a systemic way that we can deliver growth for the global economy in the 21st century." Climate change will matter to nearly everyone in the foreseeable future, so small business owners should be informed and involved. In her elegant essay “Elegy for a Country’s Seasons,” which was recently published in The New York Review of Books, writer Zadie Smith concluded, “I found my mind finally beginning to turn from the elegiac what have we done to the practical what can we do?”

What can we do? Life and business will go on. Facts and planning are power. Using your own power wisely helps prepare you and your small business for whatever is ahead, and ideally, assures that the course you chart keeps our children and grandchildren in sight.

Tuesday, April 15, 2014

Here's to the long-term relationship

copyright van Schouwen AssociatesUnless your business model thrives by selling once to a customer and then moving on, never to transact with that customer again, you need relationships. Some of the best of these will be long-term relationships.

A long-term business relationship with a customer or client offers several likely benefits:

-Providing repeatable or likely-to-recur income

-Comprising one part of "a customer base"

-Ideally, because you know the customer, assuring relative ease of meeting its needs

-Providing referrals, references or a good word for you

-Sometimes, offering frank feedback on how you're doing, which is a good thing

What do you provide to this long-term customer in return? Ideally, we suggest:

-Always assuring fairness in service, pricing, product and service; in some cases, the long-term customer merits priority service

-Going the extra mile to understand the customer's business and, as appropriate, to assess needs and make recommendations

-Providing referrals, reference or a good word for your customer

-Extending the occasional olive branch, if there is a conflict

We feel this issue is timely because we so frequently hear that "the business climate has changed." We hear that customers want more for less. They consider doing it in-house, doing it for less... or doing without. They price shop, deadline shop, consider off-shoring, hire their incompetent cousin to do it. They buy it cheaper, buy it used, fix the old one.

All this and more makes the good long-term business relationships you have more valuable than ever. Treasure and nurture them.

 

Monday, March 3, 2014

Finding the spark: What makes business ownership fun?

A version of the following post was originally published in the award-winning Succeeding in Small Business blog, which I encourage you to follow. Succeeding in Small Business has an outstanding team of contributors covering topics of interest to every small business owner.

It has been a long, long winter. Previous to that, we endured a long, deep recession and a slow, stumbling recovery. As a business owner, how are you doing? Are you having fun?

It is possible that you have been slogging so long that you hardly stop to think anymore whether running your business is still fun. Or, perhaps you have paused recently and have wondered why you’re not feeling jazzed about getting up and going to the office.

Recently I came across a visioning summary I had written for my company right before the most recent recession. Coincidentally, it focused on where my company would be in 2014 in terms of focus, revenues, staffing, profitability, and my role. Some aspects of the document are spot-on today. We’ve focused nicely on B2B, on new ways of communicating, and on successful product and service launches. Other aspects of the vision bear less resemblance to current reality, including optimistic staffing predictions and, most notably, the freedom the company’s predicted staffing level gave me to focus on managing the vision and even (gasp!) taking some time off to enjoy life.

Instead, in 2014, the company’s outstanding but compact staff and I are working hard to leverage post-recession opportunities and get back to growing rather than just remaining stable. Significantly, the vision I painstakingly created a few years ago entailed different day-to-day responsibilities and pressures than I have now that the future has arrived. That being said, I feel it is imperative to make sure that my actual work and business reality is still fun, even if it is not yet exactly the kind of fun I had envisioned.

Do you agree that this is a worthwhile effort? If so, let me share some off-the-beaten-path philosophies that I’ve transferred to apply to business, with positive effect:

“Celebrate impermanence,” counseled my yoga instructor to the class last night.

“Take care of your marriage,” as many of us have heard said many times.

“Enjoy the ride!” A dear friend used to say to me during rough times when I was a young widow.

Each of these statements can apply to business as much as to life as a whole, marriage or times of personal transition. A small business may change often, demands a great deal of attention and care, and represents, for its owner, a journey as well as an occupation.

To celebrate, nurture and enjoy your business life, look for the elements of business ownership that you can actually enjoy today. Build them. Work toward changing or minimizing the elements you dislike.

What makes business fun for you? Examples may include: mentoring staff, making a sale, doing a project well, inventing something new, growing the company, or having independence. How can you spend more time, or at least more focus, on those rewarding pursuits?

What opportunities do you have that you should leverage? Two ideas from my own failure-to-leverage list: 1) I should leave early on occasion and let my very competent staff manage things while I take a hike. 2) I should more often delegate tasks that others enjoy and I do not.

What should you ditch? If the spark is snuffed every time you have to deal with an unpleasant customer, or when you once again see that your bills are larger than you are comfortable paying, give some thought to how you can change these negatives. It may be something you can do quickly or over time.

Why are you in business anyway? Do you remember why you wanted to do this in the first place? Does that reason still resonate? Take the time to decide what makes it worthwhile to be in business now.

Do you need to make small or large changes to get the spark back? Treat yourself with the respect you deserve. A small business should offer something to you, your family, your employees, and of course your customers. Make sure you and your needs stay on that list, even if that means making major changes.

Good luck, and happy pending spring.