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When
initially speaking with prospective customers, you typically
have 30 seconds or less to not only get their attention, but
establish a reason for them to engage in a conversation. During
your “30-second commercial” you must let prospects know what you
do and, more importantly, why it’s relevant to them.
So, what do you
say? Have you perfected your commercial highlighting key
features and associated benefits of your product or service?
When you give your pitch to prospects, do you obtain a favorable
reaction? Probably not. At best, you may hear, “That’s
interesting” – even though they really aren’t interested. You
may get a request for information as a way to end the encounter.
Why does that
happen? Prospects have seen and heard it all before – radio,
email, and direct mail marketing and advertising. Your
commercial is just more of the same. Regardless of how unique,
timely, and important you believe your message is, it’s just
more noise to the prospect.
Unfortunately,
your finely crafted commercial hurts you in two ways. First and
foremost, it diminishes your credibility. You’re not someone who
stands out from the pack; you’re part of the pack, scrounging
for your morsel. Second, you waste valuable time – yours and the
prospect’s.
So, how do you
change the prospect’s response from, “Send me some literature”
to “We need to talk”? Stop telling prospects about your company
and your product or service. Stop telling them what you can do
for them. Don’t make your pitch about you. Make it about them.
If a prospect is going to invest any time talking with you, he
wants to very quickly know “What’s in it for me?” (WIIFM?)
Use your 30
seconds to focus on the prospect’s world. Relate your product or
service from the perspective of the problems and issues the
prospect is dealing with or the goals the prospect is attempting
to achieve. This approach establishes credibility by quickly
getting to the WIIFM question – distinguishing you from the rest
of the pack. When prospects believe that you understand their
problems, concerns, challenges, and goals, they listen – making
it easier to convert your 30-second commercial into a meaningful
conversation.
To truly
understand your prospects’ worlds, you must do your homework.
You must be thoroughly familiar with their problems, concerns,
fears, challenges, and goals as they relate to your product or
service. You must know what the prospect would lose by not
having your product or service. Then, you can create a
description of your product or service around those elements,
making sure you answer the WIIFM question.
Consider the
following “commercial” for a company specializing in marketing
and graphic design services for hi-tech companies:
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We specialize in
marketing and graphic design services for hi-tech firms who have
the need, but not the resources, for a full-time, in-house
department.
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And, they need a
company who already speaks their technical language so they
don’t waste valuable time – time they would be billed for –
educating company personnel in order for them to produce
appropriate and accurate copy.
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Because our
design people have extensive backgrounds and experience in a
number of hi-tech fields, we already speak our clients’ language
and we’re able to help them develop and implement projects more
quickly and more economically.
The first
sentence describes the type of work done, the companies served,
and the reason a company might want the service. The next
sentence addresses a particular challenge the prospect might be
facing. The last sentence describes the value the design firm
can provide.
It is short,
sweet, and to the point. It very quickly answers the question,
“Who is this person and why should I listen to him?” If your
commercial doesn’t answer that question, your prospect will
quickly tune out.
Can you describe
in 100 words or less what you do and how it is relevant to your
prospects – from their perspective? (The above example is 97
words.) Your opening statement will either draw prospects into a
conversation or turn them away. So , carefully consider what you
are saying. Are you quickly answering their WIIFM question? Are
you putting your product or service in the prospect’s world and
telling the story from his perspective?
Whether you call
it an elevator pitch, a commercial, or a positioning statement,
a carefully considered and constructed opening with a prospect –
one that focuses on the prospect’s world and the prospect’s
issues – can make the difference between a prospect remaining a
prospect or becoming a customer.
© Sandler Systems, Inc. All rights reserved.
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