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Double Your Business in ONE YEAR

Double Your Business in ONE YEAR. Presented by Kathy Paauw. Kathy Paauw Certified Professional & Personal Coach Productivity Consultant ~ Trainer ~ Author B usiness owner since 1995. MY SITUATION IN 2005: Trading time for money No paid vacation or retirement Burned out & tired.

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Double Your Business in ONE YEAR

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  1. Double Your Business inONE YEAR Presented by Kathy Paauw

  2. Kathy Paauw Certified Professional & Personal Coach Productivity Consultant ~ Trainer ~ Author Business owner since 1995 • MY SITUATION IN 2005: • Trading time for money • No paid vacation or retirement • Burned out & tired

  3. ALARMING STATISTICS • The #1 reason a customer does not come back… they forgot about you. • 95% of your happy customers will purchase from a competitor on an impulse. • For each month that you don’t communicate with your customers, you lose 10% of your influence.

  4. Are you looking in the wrong place for clients? HINT: They’re already in YOUR back yard!

  5. 67% of business today is driven by personal referral and word-of-mouth. • What are you doing to attract referrals? • What are you doing to maintain customer loyalty? 91% of customers say they would give referrals, but 80% have not been encouraged to do so.

  6. HOW I DID IT… • Became more intentional about getting to know people as people. • Made them feel valuedby expressing appreciation and remembering their birthday • Built a know-like-trust relationship • Increased my top-of-mind awareness so I am REMEMBERED.

  7. NETWORKING Tips from my book, The Music of Your Heart: • Network with those who are doing what you want to do, and soon you’ll be doing it too. • If you are the role model that everyone looks up to in your network, it’s time to upgrade your network. • Collect and record info about people you meet. • The size of your network determines the size of your net worth. www.TheMusicOfYourHeart.com

  8. Get the address and birthday of people you meet so you can keep in touch and stay top-of-mind!

  9. NETWORKING

  10. “It doesn’t matter how much someone knows, likes and trusts you if they don’t REMEMBER you when they’re ready to make a buying decision.” • - Kathy Paauw • How are you staying • TOP-OF-MIND?

  11. The most powerful marketing of all... • "People will forget what you said, people will forget what you did, • but people will never forget • how you made them feel."-Maya Angelou • Be remembered as someone who • makes others fee VALUED!

  12. Mary Kay Ash’s key to success: • “Make your people • feel important.” • Mary Kay Cosmetics ($1.2 billion empire) • She taught her sales reps to • send three handwritten • thank you notes every night • before bed.

  13. Tom Hopkins • Thank you Note Habit • Within 5 years he went from making less than $50 a month in Real Estate to building an ANNUAL sales volume of over $14 million • SECRET WEAPON: 10 hand-written thank you cards every single day • 99% of his business by referral within 3 years

  14. Tom Hopkins: Thank You Note Habit • Thank you for talking with me on the telephone. • Thank you for meeting with me. • Thank you for your business. • Thank you for your kind referral. • Thank you for the excellent service you have provided for me. • Thank you for taking your time to consider letting me serve you (after first refusal). • Thank you for taking your time to analyze my services (after they bought from someone else). • Thank you for using our service/product (sent at one year anniversary).

  15. Joe Girard was born during the depression in one of the most deplorable ghettos in Detroit. • How successful did Joe become? • The Guinness Book of World Records: "World's Greatest Retail Salesman" for 12 consecutive years. • Sold an average of 6 cars everyday. • Sold 13,001 cars during his selling career… all at retail. • What was his secret? • He built and maintained relationships. Joe sent 13 cards to each of his prospects and clients every year. He created top-of-mind awareness by keeping in touch with them.

  16. What kinds of cards did Joe send?* • Thank you notes • Cards of encouragement • Cards of congratulations (wedding, baby, job promotion) • Birthday cards • Holiday cards (Season’s Greetings, Valentines, etc.) • Helpful news and information • Small gifts to his best customers and referral partners *An automated system was not available at the time, so Joe hired three full-time employees to buy his cards and handwrite messages for him.

  17. Two Case Studies: • Las Vegas cocktail waitress • Friend applying for a job at Amazon

  18. Send a Personalized Greeting Card • Opportunities to be remembered as • someone who makes others feel valued: • Gratitude (just because) • Birthday • Anniversary (wedding, annual renewal, closing) • Congratulations (baby, engagement, wedding) • Thank you (business, referral, gift, hosted meal) • Sympathy • Apology • Holidays • DO NOT MIX THESE WITH MARKETING! • (no business cards)

  19. How many cards would you LIKE to send each month to family and friends… if you had a convenient and affordable way to do so?

  20. How many cards do you NEED to send each day or each month… To stay top-of-mind and be set apart from your competition?

  21. Do you say to yourself, “I can’t afford it!” ?

  22. You can’t afford • NOT to!

  23. Customer Retention • Cost of retention of a client/customer is 10% of cost of acquiring a new one. • 5% improvement in customer retention equals 25%-85% improvement in profitability. • 62% of your customers are not taking advantage of all of the products or services you offer.

  24. The #1 reason customers leave to do business with someone else: • PERCEIVED INDIFFERENCE • (68% of customer defection is because they think you do not care!) • Become a CHAMPION • thank-you note sender! • "Who does not thank for little will not thank for much."~Estonian Proverb

  25. CASE STUDY: Window Washer • Did a great job – I know, like and trusthim! • Offers other services I could use– roof & gutter cleaning, walkway/driveway pressure washing • Has more work than he can handle by himself, and wants to attract more businessso he can afford to hire more help. • I have not heard from himsince May, 2009. For each month you don’t make contact, you lose 10% of your influence.

  26. CASE STUDY: Window Washer OOPS! • How will I rememberhis name and how to contact him? • Will he get my repeat business/referrals? It costs a lot more to acquire a new customer than it does to retain an existing one. What are YOU doing to be remembered by YOUR customers, prospects and referral partners?

  27. CASE STUDY: Window Washer • Idea: Send four stay-in-touch cards a year, using automated campaign feature. • Cost: $4.32 (including postage) and a little time to set it up and click “send” ONCE. • ROI: Service visits yield $200-$500; ROI well worth $4.32 to keep me as a customer and attract referrals, too! • IDEA: Each quarter the customer receives a valuable tip that is relevant to household maintenance needed for that time of year. Example: • Spring card: “Here’s my recipe for the cleaning solution I use for streak-free windows. If you find that you don’t have time to clean the windows yourself, I’d be delighted to assist you. Just give me a call.”

  28. Did you know? • A well maintained network of only 100 people can lead to millions of dollars in business over time. • Each person in your network can connect you to 250 people... that equates to 25,000 potential connections! • Make a list of your top 100 clients and differentiate yourself from your competition by following a simple inexpensive plan that takes less than 5 minutes per day.

  29. NOT an E-Card, but a REAL card! High Tech, High Touch! • Create and send a real paper greeting card on the Internet without leaving your office. • Send a card campaign (same card or series of cards personalized to multiple recipients) with one click of a mouse. • Send completely customized cards with your own graphics, handwriting, signature and personal message. • Cards are less than $1. • SendOutCardsdoes the labor -- they print, address, stuff, stamp and take to the post office for you. I just sent two campaigns: holiday cards to 646 business contacts and 271 family & friends. • Include gifts and gift cards with your greeting card.

  30. Law of AttractionWhat you send out comes back! Case Study: Real Estate agent: Elizabeth Ward Small National Top Producing REALTOR Burlington, NC Sent 12 postcards (one/month) to 240 households in her region

  31. Law of Attraction NOVEMBER BLANKET & COAT DRIVE

  32. Law of Attraction DECEMBER TOYS FOR TOTS DRIVE

  33. Law of Attraction FEBRUARY FOOD DRIVE

  34. Why multiple contacts? The average prospect will not do business with you until they have seen or heard from you at least 7 times.

  35. Campaign: Great to meet you

  36. Campaign: Keeping in Touch (just because)

  37. Campaign: Tangled Whale (encouragement)

  38. Campaign: Making a Difference (appreciation)

  39. Campaign: Christmas Card Sent to 722 people with a single mouse click!

  40. Law of Attraction What you send out comes back! QUARTERLY POSTCARD $0.31 postcard $0.33stamp $0.64 x 4 = $2.56 per person/yr. QUARTERLY GREETING CARD $0.62 card $0.46 stamp $1.08 x 4 = $4.32 per person/yr. What would that kind of TOP-OF-MIND AWARENESSbe worth to you?

  41. I’ll do it when I get AROUND TO IT

  42. Multiple-Piece Campaigns • Create, send and forget (and be remembered!) • Create your own or purchase professionally designed campaigns: www.SmartFollowup.com • General stay in touch • Generic referrals • Holiday cards • Real Estate Agents • Mortgage Brokers • Insurance Agents • Accountants • Dentists • Chiropractors • Attorneys • Carpet Cleaners • SendOutCards

  43. Automated SYSTEM SavingYourselfSignificantTimeEnergyMoney

  44. Interested in getting a Customer account or in generating Passive Income? Get with the person who invited you to this presentation to test-drive the system. They can also share info about how you can get paid for being nice to people and teaching others to do the same!

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