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The 5 simple steps to writing the perfect phone script…

Posted by ethicalbusinessbuilder on July 7, 2008

This could be a script for anything. Sales, service, scheduling, answering questions, etc. etc. etc. Keep in mind that just about every script is doing some sort of selling and so we’ll use some basic sales and marketing techniques to effectively write.

Before we review how to write a script, let’s summarize why every business needs scripts for any question or process that occurs on a regular basis.

  1. It’s the only way to ensure consistent, quality responses to all of your customers every time.
  2. It’s the best way to quickly train a new teammate and bring him up to speed on your business.
  3. It’s the only way to be sure that you’re maximizing the chances of a sale, appointment, happy customer etc. with every interaction.
  4. It’s a great way to replicate all of the best, most powerful knowledge in the business and share it with the whole team and even with your other businesses.
  5. It’s required if you ever want to step away from your business because you’ve set it up to run by itself

There are probably a lot more reasons for scripts, however you get the idea. Scripts are a key to successfully growing your business.

So to create a script you need to follow the 4 Basic Rules of Marketing:

  1. Create a need or problem
  2. Provide a solution
  3. Convince them that you’re company is the best one to handle that solution
  4. Entice them into taking action right now

So let’s keep those in mind while we focus on the 5 steps to creating a great script:

  1. Determine your goal or desired outcome from the conversation
  2. List all the benefits the customer/prospect will receive by saying “yes” to your script
  3. Organize the script according to the “4 Basic Rules of Marketing”
  4. Paint a picture and/or sensationalize
  5. Translate into your own words and dialect

Let’s look at an example that we recently tackled at my business. We have a recurring service that we provide for our customers where we change the filters once per year in their drinking water system so that it functions optimally. Originally that script went something like this:

“Good morning, this is Sally from The Water Company. I’m just calling to let you know that your annual filter change is due. The filters should have been changed <date>. We’d really appreciate it if you can call us back at <phone number>.”

So let’s work through our process:

  1. Determine your goal. - Perform a filter change for our customer on or about 12 months after the last one.
  2. List the benefits. Great quality water, lower long-term cost by protecting the much more expensive membrane, the filters are designed to last 12 months to ensure the best water.
  3. Organize the script according to the marketing rules. -
    1. Problem – They haven’t changed filters yet and their water quality is deteriorating
    2. Solution – A low-cost, convenient, in-home filter change.
    3. Why us? - Well since they’re already using our equipment it’s not like they’re going to call a competitor however they may think it’s better if they do it themselves. Our initial script will assume they’re either going to not do a filter change or they are.
    4. Why should I call back to schedule now? - Because we’ll be in your area and you’re already on the schedule.
  4. Paint a picture – Filters take out impurities and over time they lose their effectiveness to do so therefore delivering lower quality water.
  5. Translate - This is done overall by the script-writer but individually by each person using the script

When we put that all together into a full script this was the result:

“Good morning, this is Sally from The Water Company. The filters in your drinking water system are designed to last 12 months and its been 14 months since your last filter change. As you probably know, every day those filters are taking the impurities out of your water so each day beyond 12 months more and more impurities are able to pass through. You are on the schedule for next week when we’ll be in your area so simply call 555.1234 to confirm and we’ll take care of everything for you. We appreciate you being a part of the Water Company team. Have a fantastic day!”

Since we haven’t reviewed NLP (Neuro-Linguistic Programming) in this blog yet, I’ll just briefly point out some things that NLP would have us correct. First, notice in the revised script how “you” and “your” are used more frequently to put more emphasis and focus on the customer.
Secondly, that last sentence jumped out at me - “We’d really appreciate it if…” What message is that sending to the customer? To me that says “you, the customer, are doing us a service by changing your filters” when in reality its a great benefit to them. Again the proper thing to do is to turn the focus to the customer and how it’s a great benefit to them. Notice how we changed that in the revised script - “You are on the schedule next week when we’ll be in your area…” What does that say. Well it assumes that of course they want a filter change and it also gives them a reason to respond almost immediately. If they don’t we might not be in their area for a while or we might show up when they don’t want us to. Either way, it’s much more likely to illicit a response.

As for the problem and benefits, we decided to pick out the points that the filters are only designed to last 12 months and that regular filter changes require good quality water. We put more specific numbers of 12 months and “14 months”, or whatever the time has been since their last change, instead of just spitting out a date. By listing a date they have to do the math and most people either won’t or it just won’t sound as urgent based on the quick math that they do in their heads.

We tried to paint a picture with our words by talking about “impurities being taken out” and “impurities passing thru”. That’s something anyone can easily visualize and we’re hoping most will automatically picture that with their minds’ eye.

Keep in mind, a script is just a starting point. It needs to flow smoothly when its being used so that it doesn’t sound like you’re reading it. In other words, you need to rearrange, add, remove, change transitional words to make it sound like you’re just talking to the customer. Everyone in your business may have a slightly different “script” because of that, so just make sure they know not to change or alter the key points.

Lastly, as with every change in your business, you need to Test and Measure the results of the new script and again Test and Measure when you improve it next time.

A secondary benefit that I derived from working on this script is that it allowed me to spend some time teaching a team member more about NLP, scripting, marketing, and business in general. Obviously it would have been a lot quicker for me to just write it myself – however if I did that, then I’m just guaranteeing myself that I’ll have to write every script forever.

To your success, Bryan

Posted in Ethical Marketing, General Business | Tagged: , , , | No Comments »

How to make another $500-$1000 on the next car or motorcycle you sell on Ebay

Posted by ethicalbusinessbuilder on February 19, 2008

My baby before I got a hold of her…Have you ever been to a real auction? It gets kinda competitive… People get caught up in the moment… They start bidding and want to win… People on ebay can work the same way… Especially when they’re bidding on cars or motorcycles… it gets emotional… :-)

So the question is, how do you get them emotionally involved, particularly on high price items like cars, motorcycles, boats, airplanes, etc., etc., etc? You get them involved with a low starting bid and a high reserve. The reserve price is the minimum price you’re willing to sell an item for. So if your reserve is set at $100 and the highest bid is $99, no one has won the auction and you don’t have to sell the item.

So here are the 5 basic rules to get the highest price for your item:

  1. Only use a reserve auction.
  2. Don’t tell anyone your reserve price and in your ad say “I will not disclose the reserve price”.
  3. Set the starting bid low. $200, $500, $1000 - it doesn’t really matter the idea is to get as many people as possible to check it out and consider bidding.
  4. Set the reserve $500-$1000 higher than you’re willing to accept
  5. Lower the reserve 1-2 times within 48 hours of auction close (Ebay will send all the bidders an email announcing that the reserve has been lowered)

So let’s look at a few examples of why this works.

No Reserve Low Price You have a motorcycle you want to sell for $4,000. You decide to put it online with a no reserve auction at $3700 figuring that’s a great deal and a few people will bid it up. Someone sees your auction, realizes that’s a great deal and bids $4200. E-bay places a bid for him at $3700. No one else bids and you sell the bike for $3700.

No Reserve High Price Ok, after that fiasco with your motorcycle you figure now I have to sell my car. I want $6500 for it so I’m going to list it for $6500 and the first taker gets it. So a few people look at your auction. They’ve done their homework and realize the car is probably worth a few hundred more then that, but that’s not a great deal. So they decide to email you about it ask some questions and maybe even offer you a few hundred less through the messaging system (which is against Ebay policy). Ultimately the car doesn’t sell or at best you get exactly $6500 for it.

Reserve Low Price Now you have to sell your boat. And hot dang, she’s a looker. There’s no way you want to part with her for a penny lower than you can possibly get. So you decide you want at least $15,000 and after those less than stellar results with the car and motorcycle you decide to start the auction at $200 with a reserve of $16,000. You make sure to indicate in your post that you’re not disclosing the reserve. After the end of the first day your boat is already up to $5,000 with 2 bidders. You would never sell it for that, but none of my other auctions had that much interest so quickly. Within 48 hours of closing the auction us up to $12,500 with 6 bidders. You lower the reserve to $15,900. All 6 bidders receive an email. They really want the boat and they know they’re getting close to that reserve price so within 24 hours the price is up to $14,600. You lower your reserve again to $15,800. All the bidders are emailed once more. The auction ends with a total of 8 bidders and the high bid at $15,325. But no one won the auction. Not too worry. Ebay wants to make their commission anyway they can so they give you the option for a Second Chance offer. You can now complete the transaction with the high bidder at $15,325. A price that’s higher than you were willing to take and the absolute highest the market was willing to pay.

Just to further clarify the point, if the high bidder on your boat put in a bid of $15,325 when the auction price was still $14,600 1 of 3 things could have happened:

  1. Without a reserve his bid would have been $14,600 and if no one else bid him up that would have been the selling price.
  2. With a reserve set exactly at the lowest you’re willing to take, the $15,325 bid would have bid $15,000 and if no one else bids him up that would have been the sale price.
  3. Since you were smart and put in a reserve a bit higher than you were willing to let the boat go for, his $15,325 bid registered at $15,325 since it was still below the reserve. Now you KNOW you got the highest price he was willing to pay.

The key is getting the bidders emotionally involved and making sure you get the absolute most you can for your item.

To your succes, Bryan

Posted in Ethical Marketing | Tagged: , , , , , | No Comments »

Asking your customer “where did you hear about us” is a waste of time and what to do about it…

Posted by ethicalbusinessbuilder on February 14, 2008

A few days ago I was reading Michael Corbett’s The 33 Ruthless Rules of Local Advertising. In his book, he points out one of the biggest flaws I’ve seen in businesses - you cannot rely on a prospect to accurately inform you where they hear about you. In other words, a customer cannot provide you with accurate information on which of your lead sources are producing the most profit. Here’s why:

As Michael tells the story, he was working for a business that was having a big sale one Saturday. Prior to the sale they did a lot of advertising in the local market and wanted to determine which marketing project paid off. To do that Mike and his boss stood at the door all day and asked every customer where they heard about the sale. 30% said TV, 20% said Newspaper, and 50% said Radio - Good to know, right? Except they never had a TV ad. When they asked people if they were sure they heard about it on TV everyone assured them that they had.

Your prospects don’t know and don’t care where they heard about you.

So now what? To wisely invest your marketing dollars, you NEED to know where your leads are coming from. Michael suggests just watching sales to determine if the marketing worked. However, what if you’re running multiple marketing promotions at once? After all, who isn’t? You may have a direct mail piece, yellow page ad, website, a radio slot, and be sponsoring your local high school sports events all at the same time.

The internet marketing guru’s have this one figured out. They may have 100 different ways that they are marketing their products, but they always know exactly where the leads are coming from by tracking the “referral sites” to their website. (If you’re not familiar with “referral sites” your webpage can be setup to track which other webpage people visited that lead them to your site.)

In the “physical” world if you’re running multiple advertisements you have 2 options:

  1. For print ads (i.e. yellow pages, direct mail, newspaper, magazine, website etc.) provide a coupon. Have each coupon be unique (preferably a different color) with a unique promotion ONLY available with the coupon (and obviously void with any other offer). The different color is useful because even if they forget the ad at home, they can generally remember the color so you’ll know exactly which one they’re talking about.
  2. Simply offer a unique promotion. Your radio ad, TV ad, announcement at the high school event etc. should all include a different promotion when they go to your business and mention it.

Note: Make the yellow page ad your “weakest” promotion. In other words, if they hear you on the radio and pick up the yellow pages to find you, you want them to tell you about the radio promotion, NOT the yellow pages promotion.

What about referrals? - Well you need to incentivize (I’m aware that I just made up that word) your referrals. You need to offer something to the referrer for providing the referral. If you do that, the referrer will be sure to tell you about it. ;-)

Also, make sure your promotions provide some sort of exclusivity. Generally items are made exclusive by offering a time limit, quantity limit, or “previous customer” discount. If you look at any good online information marketers, the good ones (i.e. Yanik Silver, Perry Marshall, Jim Edwards) ALWAYS make their materials “exclusive”.

Here’s the other “excuse” I hear from business owners all the time about why tracking lead sources is a waste of time. They claim that you can’t really ever know which lead source brought them in. Maybe they did hear your TV ad and radio ad and saw your newspaper ad and finally one day decided to call. I agree that in your market, having your name synonymous with your product is very important and to some extent all of your marketing projects should be helping to do that (if they’re structured properly with you Unique Selling Proposition). But here’s the thing. Who cares if everyone in the world knows that you make widgets if no one is buying your widgets??? The reason you offer promotions is because even though your prospects may have heard your name in 10 different ads, the ad that brings them in to buy something is the one you need to know about.

Do not confuse “activity” - people calling or stopping by because they heard your ad - with “profitability” - people actually BUYING something because they heard your ad. Online affiliate marketers are great at distinguishing between the 2. They don’t pay a dime to anyone for any marketing UNTIL someone buys a product! Don’t you wish you could do that in your business? Imagine setting up a deal with your local newspaper, radio station, or TV channel where you paid for the ad by giving them a percentage of sales that came directly from that ad. If you ever manage to negotiate a deal like that please let me know about it.

To your success, Bryan

P.S. The “other” way to track all of your lead sources is to offer unique phone numbers, email addresses, or web addresses with each ad and promotion. That can get a little more inconvenient for the consumer to try to remember that information however with the proliferation of the internet, VOIP phone services, and email, at some point I imagine you’ll see this happening more often. It’s already becoming popular in direct mail marketing.

Posted in Business Books, Ethical Marketing | Tagged: , , , , , , | 1 Comment »

How to make money with a blog(or any website)… the basics of Affiliate Marketing…

Posted by ethicalbusinessbuilder on February 10, 2008

Me flying at Kitty Hawk - ignore the goofy helmetHere’s a little irony for you. I’ve been subscribed to mailing lists for Perry Marshall and Jim Edwards for years. I’d listened in on free webinars, I downloaded free e-books, I had Perry send me his “Biggest Myths in Sales” CD and I listened to that. I had even watched a few online videos by the great Yanik Silver. Yet until last week (precisely 3 days ago) I just didn’t get it. I still thought that unless I had a book, CD, DVD, video or something else to sell, I couldn’t do anything. So I just kept listening to these experts to glean information so that when I did have my first e-book I’d be ready.

The reality of it is, any website where you have visitors (or you take the time to learn how to get visitors) can make money by referring your visitors to other sites. Here’s the easiest way to think about it. In this blog and many others that I’ve read online people recommend books. I looooooove to read and so do so often. Since few people enjoy reading non-fiction as much as I do I’m often recommending resources to people and this blog will do a lot of that. So here’s where affiliate marketing comes in - If instead of just telling people to go check out “Billionaire in Training” by Brad Sugars because it rocks, I sign up FOR FREE as an affiliate to Amazon and offer a nice convenient link to Billionaire In Trainingby Brad Sugars, if someone follows that link and buys the book I get a commission (between 4-10% with Amazon).

The customer pays the EXACT same amount and it’s a lot cheaper for Amazon than most forms of marketing so it’s a win-win-win. Customer gets the book at the best price, I get a commission, Amazon generated a sale with “cheap” marketing.

The beauty of affiliates, is you can do this with almost anything on the internet these days. If you’re a guy and need some help picking up chicks, check out Learn The Secrets Of Women And Dating by David DeAngelo. If you’re a woman and need to Save Your Relationship then go there. I’ve seen this information for basketball coaching and ball-handling videos (I signed up for both since I’m a basketball coach and ball-handling nut), job-interview secrets (great e-book), car wheels and parts, and basically anything else you can think of. I sign up for free lists with my Hotmail account all the time (I would never use a “real” email address) because even the free information most of these experts give away is valuable (and since I’m of the impression I can learn something from everyone I encounter why wouldn’t I?).

Here’s the point. If you have a blog or any website online and you have consistent traffic, why wouldn’t you try a little affiliate marketing?

Let’s make it simple. If you have a blog and you EVER recommend books, consider this:
1. Go to Amazon’s Affiliate Website
2. Sign up for a free account.
3. Put in convenient links for your readers to Amazon for any books you mention.

You’re now an affiliate marketer and have actually provided a great free service to all of your readers. Are there really any negatives to that?

To your success, Bryan

Posted in Ethical Marketing | Tagged: , , , , | 1 Comment »