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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 o r 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.
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