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TOP OF THE WEEK TO YOU!
(by realwired! CEO, Brenda Dohring Hicks)
Top of the Week to You! is designed to offer the inside scoop and latest of what's important in the world of technology as it relates to the commercial real estate industry. |
Abracadabra and Hallmark Memories
Ahhhhhhhh, the
three-day Memorial weekend is now behind us.
I hope you had as much fun as I did remembering why we celebrate this
great holiday and making certain that you spent some time with family and
friends.
In preparing for an
upcoming presentation, I was reminded once again that when I speak to people or
show people processes and a way to add technology to make things easier, I
really have to be careful about the words I choose. This weekend as we pulled up to the dock
where we keep our boat, I thought of the incredible, efficient and warm dock master
who intuitively knows what I'm talking about. Tony is his name and he wasn't there when we
arrived this time. But several months
ago as we were coming in and he was helping us land safely, there was another
boat tied nearby who seemed a little agitated with the process. As Tony maneuvered around the boat smiling,
tying knots efficiently and making sure everything was going smoothly, he made
reference to the agitated boater nearby and said, "Hey, I'm just here trying to
create memories." Those words are now
repeated often as we arrive dockside.
We smile every time we say them out loud as we remember Tony's attitude.
And I think of his words nearly every
day, but especially when I'm trying to get across an idea. How can I make memories?
In many ways, what I
do is pure sales. I make pitches. Nobody likes to say that they make pitches, they
like to say that they build relationships that lead to doing business. They're right of course, but the fact is, we
all sell all the time. We sell friends,
we sell strangers, we sell loved ones. I even sell my dogs to get them to do
what I need them to do. And here's a
lesson I've learned along the way from Tony and many others...you've got to
create memories. Miniature Hallmark cards
inside people's heads. The only reason
we sell is because we believe that what we have is just what someone else needs
to make their life better. We know
people hate to be sold...they love to "buy".
So if we think like Tony, we don't bother with checklists, the pluses
and minuses or lists of features and benefits.
We ask a lot of questions in collaboration with our prospects and
clients. If indeed there is a fit,
they'll find it as we take them through the path of discovery.
And note that I said
memories, Hallmark cards, but don't take that literally. Never create handouts. I know the intent is for people to follow
along as you explain each point. But
don't do it. It's wrong! They'll jump ahead. Double back. When you're
on page one, they're on page five. When you're at page six, they're back at
page three. And never, ever put cost
figures in a handout. That's the first
place they'll go and there's nothing good that can come of prices without
discussion, unless you're at a fast food window. Now leave-behinds are a whole other
thing. They are magic. If you've done a good job, you've created
interest. It's like a good magic
show. It's an abracadabra moment. They'll want to know more. They'll want to know how it can be done. That's when leave-behinds are highly
prized. They're valuable. They're
important. They're really good. They let people dive deeper into your story. It's in the leave-behind that you want
pictures, examples, anything that helps them retell your story. They are invaluable when there's someone else
that they may have to "sell" the idea to.
Lastly, like Tony make it
personal. Make it emotional. Really be particular about the words you use;
make them personal and simple. Did you
ever hear the story about the Kodak executives who back in the age before we
had fire were introducing a slide projector and they wanted to call it the "whee"?
They came up with the name carousel, describing it as a childlike time
machine. Wow!
This stuff is hard. It's not easy to take what I do - technology
and process - and create stories worth being told and retold. I have to work on it all the time, and lucky
for me, there are smart people around me to help. They help me brainstorm to be sure that I'm
telling the stories in simple and empathetic ways trying for an emotional
connection in what is seemingly a very non-emotional subject. For me of course, technology and process is
very emotional. Making things more efficient
and using cool techniques and tools to do so is just plain fun, and having fun
is a strong emotion.
So abracadabra, let's go make some magic memories, fun and profits
all at the same time.
Remember, if you want to share some of your thoughts, it's easier now because we have a blogging component to RealWired! News.
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Sales/Marketing Tip
I don't know whether or not you've noticed this, but there are a lot of other salespeople floating around out there. In itself, this isn't so bad. After all, as far as I can tell, people wake up in the morning wanting to buy things. So, there certainly are more than enough good prospects to go around. The problem is that so many salespeople are just really terrible at their craft. They make it hard on those of us who take the sales profession seriously. Good salespeople take their potential customers' interests seriously. They have their best interests at heart. Unfortunately, the amateur salespeople make the prospects wary of us all. It's understandable that prospects have developed a system to protect them. If you're not careful (or lack the necessary skills) you'll fall victim to this defensive system. It looks like this:
Step One: Platitudes or Protection The prospect either pretends to be interested when they're really not or they offer misleading put-offs. The put-offs keep you from getting in to have a serious conversation. The platitudes give you false hope and cause you to do something you shouldn't. (See step two).
Step Two: Premature Presentation The salesperson says too much too soon. This might take the form of presenting to the wrong person. It might mean sharing the price too early. It may mean presenting the wrong solution. Often it means leaving behind a written proposal that will never be acted upon, or worse, shared with your competitor.
Step Three: Procrastination The prospect receives the information and, in a nice way, ends the meeting. The salesperson feels that they have offered a compelling case because the prospect was friendly, and seemingly, appreciative. The salesperson, with high hopes, resolves to return at some time in the future and finish the deal.
Step Four: Avoidance Behaviors The prospect hides. Voice mail was invented for this purpose. Calls go unreturned. Time is wasted on endless follow up. Better opportunities are neglected because in the heart of the salesperson hope springs eternal. Sooner of later the salesperson gives up. But, not before a lot of muddy water has passed under the bridge.
Sound familiar? For most salespeople it should. Is it destiny? Only if you make it so. The definition of insanity is doing the same thing and expecting different results. The prospect is ready for you. Maybe there's more to being a great salesperson than meets the eye (or ear!). In this brutal business world, if we don't learn to take it up a notch we'd better get used to repeating steps one through four for the rest of our careers.
Mark Fitzgerald, Sales Training Institute, Inc., Tampa, Florida provides this column weekly. Mr. Fitzgerald provides both group and customized sales training for professionals and companies. For more information, please contact him by telephone at 813-831-5555 via email at mark@saleskills.com or visit www.saleskills.com. © Copyright Mark Fitzgerald, 2009, All Rights Reserved. |
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Hot Deals/Leads
Sequoia Restaurant and Entertainment Group trades as Il Fornaio at 20 locations throughout CA, CO, NV, VA and WA. The upscale Italian restaurants, offering soups, salads, wood-fired pizza, homemade pastas, and a variety of desserts, occupy spaces of 8,000 sq.ft. in lifestyle centers. Growth opportunities are sought throughout the Eastern region of the U.S. during the coming 18 months. For more information regarding Il Fornaio, contact Brian Kjos, 610 Newport Center Drive, Suite 500, Newport Beach, CA 92660.
Golden Corral operates 500 locations nationwide. The family-style buffet restaurants occupy spaces of 12,000 sq.ft. in freestanding locations. Plans call for one to two openings throughout the Atlanta, GA metropolitan area during the coming 18 months, with representation by The Shumacher Group. Preferred cotenants include value retailers. Preferred demographics include a population of 150,000 within five miles earning $50,000 as the average household income. Major competitors include Ryan's and Asian buffet restaurants. A land area of 2.5 to three acres is required. The company is franchising. For more information, contact Harold Shumacher, The Shumacher Group, 3188 Saybrook Drive, Atlanta, GA 30319.
Logan's Roadhouse operates 168 locations throughout 23 states nationwide. The restaurants, offering steaks, grilled chicken, steak burgers, ribs, seafood and specialty salads, occupy spaces of 7,200 sq.ft. in freestanding locations. Plans call for one opening throughout the Atlanta, GA metropolitan area during the coming 18 months, with representation by The Shumacher Group. Typical leases run 10 years with options. A vanilla shell, specific improvements and a turnkey are required. Preferred cotenants include home improvement and discount stores. Preferred demographics include a population of 150,000 within five miles earning $60,000 as the average household income. Major competitors include Longhorn Steakhouse and Texas Roadhouse. A land area of 1.4 to 1.6 acres is required. For more information, contact Harold Shumacher, The Shumacher Group, 3188 Saybrook Drive, Atlanta, GA 30319.
Burger King Corp. trades as Burger King at 11,700 locations nationwide and internationally. The fast food restaurants occupy spaces in freestanding locations, regional malls and entertainment, lifestyle, outlet, power, specialty, strip, tourist and value centers, in addition to urban/downtown areas. Growth opportunities are sought throughout FL during the coming 18 months. A land area of 30,000 sq.ft. is required for freestanding locations. For more information, contact Alan D. Corwith, Burger King Corp., 1380 North Crooked Lake Drive, Babson Park, FL 33827.
Like these leads? Want more? Go to the Dealmakers website for a Free Subscription. The Dealmakers, the nation's weekly news source on retail real estate.
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