Accentuating the positive always seems like the right thing to do. That goes for sales, too. After all, who doesn’t want to take the high road?
The fact is, however, if you are competing with similar businesses for market share, you need to tap into the most common reasons businesses tend switch vendors or providers. And while most businesses would rather stick with one vendor over the long haul because it is less complicated, they will make a change if they feel it is worth it in the long run.
If you are talking to a prospect who currently works with one of your competitors, chances are the only way you will get this prospect to jump ship is if you tap into the reasons that business’s current situation isn’t working out. But how can you help them to see there is a problem with their current vendor without seeming like a piranha? It all comes down to asking the right questions.
Question #1: How do you like your current vendor?
It’s that simple. A prospect may be unhappy with their vendor but has never been asked whether they are or not. Allowing that prospect to put into words how they feel could make all the difference. When forced to verbalize how they perceive their current vendor they may just finally realize what that vendor lacks.
Question #2: How many vendors do you work with?
When it comes to vendors or service providers, more is not always better. In fact, it’s almost never is. People want to avoid hassles. More vendors means more invoices, different processes and more time wasted on administrative tasks. If you can offer a B2B client one solution to all of their needs, chances are they will be interested.
Question #3: How much are you paying?
A lower price isn’t always what a business is looking for but the value they receive for that price matters significantly. When you can show that what you have to offer comes at an outstanding value (not necessarily a lower price), you can win over a lot of businesses because they will realize that they aren’t getting enough for what they are paying.
When you ask prospects these three simple questions, you allow them to decide for themselves that it is time for a change. In other words, they figure out what their current vendor is lacking without you going on the attack. You simply ask them the questions that will help them come to the right conclusion.
The Latest in B2B Marketing Trends: A Mid-Year Update
B2B marketingIf you are a B2B marketer, you are likely always on the lookout for news ways to fill your sales funnel. After all, lead generation is the lifeblood of any business.
While most articles on the latest trends in marketing usually hit around the New Year, we thought we would mix things up a little and do a mid-year assessment of what are the hottest trends in B2B marketing right now. After all, things change quickly in the marketing world so it is important to know how to best promote your B2B brand throughout the year.
No matter what you think about the latest marketing trends, one thing is for sure, there has never been more ways to connect with customers and prospects. The key is to find a few of the trends you know you can excel at and work hard to take full advantage of them.
Five Signs Your Content Marketing Strategy Needs a Make over
Content MarketingContent is king. But that doesn’t mean that every piece of content is worth its weight in gold.
While you should never publish a piece of content you are not satisfied is well written and connects, educates and inspires your target audience-that doesn’t mean you aren’t going to miss the mark once in a while. However, if your content strategy seems to be consistently falling flat, you need to take a hard look at what is going wrong and find ways to fix it.
Here are some telltale signs you need to overhaul your content marketing strategy:
In some cases, a lackluster content marketing strategy will require a major overhaul. In other cases there are simple fixes that will drastically improve things. These include figuring out how to differentiate yourself from the competition or merely doing a better job of promoting your content.
Four Ways to Improve Your Social Media Performance
Social MediaChances are if you own a small business you are using social media to market your brand, as well as the products and services you provide. After all, social media is one of the best methods to connect with customers and prospects without breaking the bank.
Unfortunately, many small businesses reach a point where they feel as if they have done all that they can when it comes to social media. They enjoy a good following and are able to interact with customers and prospects on a fairly regular basis. The truth is, however, that social media’s reach is truly endless and no matter how much success you are currently enjoying, you can always achieve more.
So how can you kick it up a notch when it comes to your social media? What follows are some tips to expand your reach, increase your number of followers and, as a result, improve your lead generation efforts and overall sales.
Social media is one of the most inexpensive ways to market your business. Make sure you are taking full advantage of it by always looking for ways to do things better!
Three Important (and Remarkably Simple) Questions to Ask Prospective Clients
BusinessAccentuating the positive always seems like the right thing to do. That goes for sales, too. After all, who doesn’t want to take the high road?
The fact is, however, if you are competing with similar businesses for market share, you need to tap into the most common reasons businesses tend switch vendors or providers. And while most businesses would rather stick with one vendor over the long haul because it is less complicated, they will make a change if they feel it is worth it in the long run.
If you are talking to a prospect who currently works with one of your competitors, chances are the only way you will get this prospect to jump ship is if you tap into the reasons that business’s current situation isn’t working out. But how can you help them to see there is a problem with their current vendor without seeming like a piranha? It all comes down to asking the right questions.
Question #1: How do you like your current vendor?
It’s that simple. A prospect may be unhappy with their vendor but has never been asked whether they are or not. Allowing that prospect to put into words how they feel could make all the difference. When forced to verbalize how they perceive their current vendor they may just finally realize what that vendor lacks.
Question #2: How many vendors do you work with?
When it comes to vendors or service providers, more is not always better. In fact, it’s almost never is. People want to avoid hassles. More vendors means more invoices, different processes and more time wasted on administrative tasks. If you can offer a B2B client one solution to all of their needs, chances are they will be interested.
Question #3: How much are you paying?
A lower price isn’t always what a business is looking for but the value they receive for that price matters significantly. When you can show that what you have to offer comes at an outstanding value (not necessarily a lower price), you can win over a lot of businesses because they will realize that they aren’t getting enough for what they are paying.
When you ask prospects these three simple questions, you allow them to decide for themselves that it is time for a change. In other words, they figure out what their current vendor is lacking without you going on the attack. You simply ask them the questions that will help them come to the right conclusion.
Five Ways to Provide a Personalized Customer Experience
Content MarketingMore and more consumers are asking for personalized experiences. After all, in today’s online marketplace, people are asked to give up more personal information. Therefore, it only seems fair that they should expect this information to be used for their benefit.
Unfortunately, many businesses – especially small businesses – are at a loss when it comes to knowing how to provide these types of experiences. Further, the time, money and resources that are required to develop these types of experiences also can seem overwhelming.
The truth is, however, that creating these types of experiences don’t have to be as complicated as you might think. In fact, you may already be doing many of the things that allow you to customize the overall customer experience.
Below are some the easiest and most practical ways to offer your customers and prospects the personalized experiences they are looking for – without expending a great deal of extra time, money and manpower.