Your Home Business Coach Ezine 


Lena Sanchez

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"Your Home Business Coaching Ezine
Published Tuesday & Thursday
Lena Sanchez - Editor
Click Here To Email Lena 
928-636-9425
Thursday  August 10
, 2006

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Watch For A Natural Environmental Facts Sun., Wed, Friday with  Monday's Ask Lena Health Q & A!


This Ezine is available by subscription only. Your Home Business Coach does not make its list available to third parties. All subscribe and unsubscribe information can be found at the end of this issue. The Mission of this Ezine is to help you grow in business and in health!  Archives



============================
=> IN THIS ISSUE!
============================

<> Editors' Remarks
<>Motivational Thought!
<> Spotlight of the Day
<> Paid Ads Week/Month
<> Business Tip
<> Advertising Links
<> Business Coach of the Day
<> Change Your Life Information

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EDITORS' REMARKS
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Greetings and thank you for being an optin subscriber

The week is fast coming to an end as the month zooms along have you done all you need to do to be successful. Did you do it honestly? Have you built credibility? Is your plan on track? Are you contacting the right prospects? These are all important questions and some that our coaches will help you answer each day. Today's coaches go hand in hand. Tips start you off then goes in for the finish... Enjoy!

Do what you must to be successful as long as it's honest, something you enjoy and doesn't hurt anyone.
 
Lena


Reminder:

Don't Pass On Misinformation. to others. 
Get the real scoop first at http://hoaxbusters.ciac.org/HBHoaxCategories.html 

Does a website sound too weird to be true? 
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======================
MOTIVATIONAL THOUGHT
======================

Google has debuted a new service that warns users who click links to visit sites that have been identified by the Stop Badware coalition, itself a project of Google, Lenovo, and Sun Microsystems. The coalition was founded to help address the problems of spyware and other malicious software by helping users know which sites have distributed such software. Users of Google's search engine who try to access a site on Stop Badware's list are shown a warning that the site they want to visit has been flagged as potentially dangerous, though users are not prevented from going to that site. The warning messages are expected to become more detailed over time, including specific information about exactly how the site tries to install malicious software. A product called Scandoo, from company ScanSafe, performs a similar function for users of Google or MSN.
 


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SHOWCASE SPOTLIGHT
=====================
 


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==========================
BUSINESS TIP
==========================

How To Turn Leads Into Sales
By Larry Klein

Some people in sales think a lead is a name from a list. That's not correct. A name from a list is not a lead--it's a suspect, a total stranger and it does not matter if they meet some criteria (e.g. age, occupation, net worth). A true lead meets your criteria AND has expressed interest in what you offer. Specifically, the lead has responded to an email, a print ad, a piece of direct mail, etc.  A true marketer and sales professional only contacts people that have first expressed interest.
 
Now that you have a lead, how do you turn it into a sale?
 
You don't call the lead and say, "I'm following up"... EVERY sales person says this and the phrase has now become synonymous with "get ready for my sales pitch."  Your lead automatically gets defensive (no one likes to be sold) and your chance of a sale is close to zero. Rather, call the lead and say "Bob, you returned a card expressing your interest in having more... better... (fill in the blank), is that still of interest to you?" The only words that should come out of your mouth are the benefits your lead desires. Your first task is to engage your lead, not to talk about your product.
 
Next, you don't say "we have" or "my company offers" as these phrases are synonymous with "get ready for my pitch." Again, these will make your lead defensive. You do say, "I don't know if I can help you...may I ask you a few questions about your (business/heath/investments, fill in the blank)?" You disarm the defensiveness of the prospect by stating you don't know if you can help.
 
Next, you ask intelligent questions about what's important to HIM. The best thing you can do here is forget about the features and benefits of your product because your lead does not care. He cares only about what's important to him. So to really listen, you need to forget your spiel. As your prospect reveals answers to your questions, you ask deeper questions to reveal their emotional desires. Questions like:
 
Why is that important to you?
If you could have that, how would it impact you?
If you don't solve that, what's the long term cost to you?
How does that make you feel?
Are you satisfied with that?
 
Since people buy emotionally, you must get them to reveal what motivates them emotionally. Until you do, do not proceed to your next step (to set an appointment, ask for the credit card, close the deal) as you will fail. Too many sellers ask for the order too early and they get objections. First, get your prospect to reveal what motivates him emotionally and then you ask if he would be interested in a solution to that problem/opportunity. Only when he says yes, do you proceed to the next step.
 
"Bob, if there were a solution to that problem, what would that be worth to you? So if you could have the solution for only 10% of that amount, you would want to know about it? Great, then (set an appointment, ask for the credit card, close the deal)."

 
I know that sellers tell me they are client focused or customer focused but it's not true. They are product focused and my-agenda focused. If your personal mission or company mission is to really help someone, then it becomes easy to turn leads into sales. Because your objective changes from "getting" people to buy your product to "finding" people who want what your product offers. You can only determine that by asking questions. And when you encounter someone that does not have an interest in your product, you move on.
 
The key to turning a lead into a sale is to leave your agenda to the end of the conversation and get your lead to reveal his emotional agenda first. Then you have the relatively simple process of showing your prospect how your product fits his agenda (rather than convincing the prospect why they should have interest in your agenda).

About The Author: Larry Klein CPA/PFS, CFP(r), CRFA(tm) is an expert marketer of financial services and author of "Marketing Financial Services to Seniors." His Internet-based lead system for financial professionals is at
http://www.insurance-lead.ws
 


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===========================
BUSINESS COACH OF THE DAY
===========================

Marketing Your Business The Right Way.
By Robert Michael

Whether you are a small business or a large corporation you need a good marketing strategy. There are dozens of ways to market your business the question is which ways are the most effective for your product or service... You can outline your marketing strategy with this popular saying, "Who, what, where, when, and how?"

First you need to know your product, is it something that people will feel they really need, what purpose does it serve? Who is your target audience? Two major components of your target audience are what age group and which gender will be most interested in your product. Depending on what product or services you are trying to market you also may be able to target specific groups such as certain professionals or interest groups "hobbies".

What is it about your product that is better then any of your competitors... Is it of better quality, does it have a longer warranty, does it cost less then the competition? You need to know what it is about your product that is better then the other ones around. These are things you will want to tell your target audience about your product. An example might be if you are trying to market a fruit drink. You would want your audience to know that it is made with more or all-real fruit. That they are more vitamin benefits to your drink. That it has a fruitier more refreshing taste. These are things that are going to motivate potential customers to try it.

I'm sure you have heard the first three rules of business and that is, location, location, location! Product placement is an important aspect of marketing. Make your product accessible to your target audience. If you are a small business you want to place it somewhere that gets high traffic. Depending on what you are trying to sell you want to be where you customers will be. Locate yourself near a shopping plaza, hotels, restaurants or a main street that many people use to commute to and from work. This is the "where" marketing question you should ask.

When should you advertise your product? If you are using the media such as television or radio ads, this is a question to ask. When does your target audience generally watch television. If you are targeting men a good time to place your ad is during sports programming. Is it something children will want, then air it during cartoon programming. If you are using radio advertisement and you are targeting any adult. Try during rush hours, times when people are going to and from their jobs. Marketing your product at the right time is highly important.

No matter where you are marketing your product your audience needs to know how to get it. Do they have to go to a location to buy it? Can they order online or over the phone? How easy is it to pay for? Is it an expensive product, but very beneficial? Can it be paid for in installments? These are also marketing questions you should ask.

If you want to be successful at selling your product you need to know what marketing steps to take.

About The Author: Robert Michael is a writer for Faa Marketing which is an excellent place to find marketing links, resources and articles. For more information go to:
http://www.faamarketing.com


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