One of the most powerful ways to increase business is to understand
the business multipliers that leverage the assets of your business.
The master of marketing multipliers is Jay Abraham. In the following
series of videos you will gain insight from a $50,000 an hour marketer
who has had more success with making small, seemingly insignficant
changes in marketing copy, customer conversations and business leverage.
The Power of Testing
You need to test every factor in your sales process.
A small change in what was said to the customer when they came
into the store, the biggest impact was from "And what ad brought
you into the store today?" Made seven times the income go out
the door.
Instead of always focusing on getting more customers, get better
conversion at every step. Maximise what you are doing now, you already
have resources and assets deployed, you are already paying for them,
so maximise the return on those elements in motion.
Removing the Risk of Sale
Stop doing risk reversal. Whenver two people come together in a
transaction, each is trying to minimise their risk in the transaction.
If you can identify the risk elements, eliminate them and the risk
to the buyer disolves the barrier to closing the sale. The offer
becomes irresistable. You can only do this by getting out of the
mindset of the sales person and putting yourself in the mindset
of the customer.
Educate Your Customers
Sales people often under estimate the power of educating their
customers. They over estimate what their customers know.