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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. | Is it Just Me?The other day I had the opportunity to sit for a couple of hours and do some exploration into the business brains of a group of CEOs and Presidents of companies. It seems to me we're all working on pretty much the same things as 12 months ago but some of the desperation and, therefore, the intensity is less. No one disagrees that 2009 was one of the worst years that many have experienced, but now that it's behind us, it's just that...behind us. Everyone started 2010 with almost a euphoric feeling that seemed to hold until summer hit. I don't think it's just the heat...although it's been really, really hot! I think it's more like finding out after it's too late that you stood in the wrong line, or went the wrong way and the 15k race you and everyone else signed up for and started, is a half marathon. Not a full 26.2 marathon, but clearly more than you had planned for physically and mentally. That's a problem.Everyone is trying to keep up, and it's tough. So this is where you either pull off to the side, satisfied that you did what you originally planned for, complain to the organizers that it's their fault for not making things more clear or accept the fact that you must keep going, even if it's at a much slower pace,. There's a finish line to cross and you don't want to be robbed of the feeling of crossing it.Maybe it's just me, but I think I'll handle this slowdown, this unexpected occurrence with some moaning and groaning and just keep plugging along. I have a feeling you'll do the same. Well, actually I know you will. I know that you are a microcosm of the group of CEOs and Presidents I sat with. You aren't happy as we hit mid-year, but you'll be more inclined to stay in the race. Oh, by the way to all of you who answered the survey last week, THANKS! The results were interesting and helpful in my quest to talk to you about stuff that you want. We had a 3% response rate, which those that know tell me is really good. Most of you own your own companies, which tend to have less than 25 or more than 100 people, and many of you have been seeing me pop in your mail box each week for 3-5 years. A large majority know I've been doing this for almost 10 years. I'm humbled, grateful and appreciative because I really grow by communicating with you.With that in mind, let me pass along a few of the ideas the group had. I'll tell you, the common theme was creativity and increased human "touch"...creating meaningful interaction between not just the companies and their clients and customers, but within companies. Many were trying to figure out how to incorporate video into the equation. There was one veterinarian who had incorporated audio and sound into almost everything, including an audio brand message that played when a piece of equipment was turned on. (Think booting up your computer and hearing the "Windows" music.) The most repeated ideas all centered on something that touched an emotional chord. Really. Whether it was a feeling of connection, a feeling of helping, a feeling of fun, a feeling of hope, a feeling of being cared about, a feeling of uniqueness or any other emotion you might come up with, what everyone in the group seemed to be working on was how to "reach" the psyche.So there you have it. Maybe it's just me, but it seems making connections is how we finish the race. It's how we accept that we're all in this together and we're all going to come out of it together if that's what we decide to do. We'll work using technology where possible to creatively collaborate, capturing ideas and integrating them into what we do. And we'll keep going, finding a balance between practical plans and taking small risks, because it's where our connections take us, thank goodness! Click here to join our blog discussion or simply shoot me an e-mail when you get a chance. |
Sales/Marketing Tip
Singing In The Shower I often sit on the front stoop of my house in the evening, smoke a cigar, and talk (out loud) to myself. Sometimes the neighbors walk by. I'm sure they wonder, but they generally leave me alone. I have some great ideas out there. Maybe it's the cigar. Maybe it's sitting in the dark. Or, maybe it's just being alone. I don't know. In my line of work, new ideas are important. I constantly have to come up with new material for speeches. I have to adapt current material to the needs of particular clients. And, I need to write new jokes and manners of expression just to keep the work fresh and interesting for me. It's the kiss of death for a public speaker to be bored with his own material. But while the ideas and words are important, the real benefit of these self conversations is the chance to say things out loud. You see, we think with one part of our brain but we speak with another. What's really important to the success of public speakers and salespeople (I am both) is not what we know but what we actually say. For that reason we can not improve our closing or negotiating techniques by reading a book or listening to tapes or attending lectures alone. Oh, those things are valuable and I certainly do give my clients books and tapes and lectures. But books and tapes and lectures only transfer information. They give us new ideas but not new capabilities. In order to use the new information the salesperson must get the new words out of her mouth. Believe me; those new words won't come out of your mouth for the very first time when you are in front of a prospect who might give you a lot of money. No, you'll play it safe and say what you've always said, and hope for different results. The problem arises because you understand the new techniques you just haven't programmed your brain to use them yet. And the only way to do that is to say the things you really want to say to people out loud over and over again before you ever say them to a live prospect who might give you money. Indeed, you must say the words out loud so many times that they become your own. No magic here; just programming. In the sales training world we call it role-playing. Now, I realize that I just lost half of my readers. Most salespeople dread role-plays. For some reason they prefer to practice new techniques on live prospects. Sounds to me like an expensive way to learn the selling trade. I prefer the easy (and profitable) route. I'm talking out loud in the front yard every night. The neighbors think I'm crazy. But who cares? It's making me money.
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
Swim N' Sport Retail, Inc. trades as Swim N' Sport at 39 locations throughout AZ, CO, FL, GA, LA, MD, NC, NJ, OH, SC, TN, TX and VA. The stores, offering designer women's swimwear, occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in malls and outlet, specialty and value centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include upscale, high-fashion retailers. Major competitors include department stores. For more information, contact Mark Sidle, Swim 'N Sport Retail, Inc., 2396 Northwest 96th Avenue, Miami, FL 33172.
Fallas Paredes operates 100 locations throughout AZ, CA, NM, NV and TX. The discount clothing stores occupy spaces of 15,000 sq.ft. to 25,000 sq.ft. in value centers. Growth opportunities are sought throughout Orange, San Bernardino and Riverside counties in CA during the coming 18 months, with representation by Strategic Retail Advisors. Typical leases run 30 years. A vanilla shell or specific improvements are required. Major competitors include Dee Dee's Discount. For more information, contact Jeff Reenders, Strategic Retail Advisors, 3990 Westerly Place, Suite 230, Newport Beach, CA 92660.
Subway Real Estate Corp. trades as Subway at 31,057 locations nationwide and internationally. The quick-service sandwich restaurants occupy spaces of 800 sq.ft. to 2,000 sq.ft. in freestanding locations, malls, urban/downtown areas and entertainment, lifestyle, power, specialty, strip, tourist and value centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options. The company is franchising. For more information, contact John Devine, Subway Real Estate Corp., 325 Bic Drive, Milford, CT 06461.
Schakolad Chocolate Factory operates 34 locations throughout CT, FL, GA, IN, MI, NY, OH, TN, TX and VA, as well as internationally. The stores, offering European-style handmade chocolates, occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in urban/downtown areas and entertainment, lifestyle, specialty and tourist centers. Growth opportunities are sought throughout the eastern region during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell is required. Preferred cotenants include Starbucks, The Cheesecake Factory, Marble Slab Creamery and steakhouses. Major competitors include Godiva. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income. The company is franchising. For more information, contact Edgar Schaked, Schakolad Chocolate Factory, 5966 Lakehurst Drive, Orlando, FL 32819.
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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