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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! 



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

<> Editors' Remarks
<>Motivational Thought!
<> Win An Ad To Thousands!
<> Spotlight of the Day
<> Birthday Winner's Ad
<> Business Tip
<> Advertising Links
<> Business Coach of the Day
<> Change Your Life Information

================
EDITORS' REMARKS
================

As I hole up in my cozy office with the wood stove burning and an occasional glimpse out the window to either rain or snow flurries, I wonder just what help I'm really giving you? I work at finding quality material and hope that you are actually profiting from it! If you feel that you have gleaned some important information from Your Home Business Coach I would be so grateful if you would let me know... I am putting two links here so can I know if this work is worth while. One email to let me know if you have found information that helped and one to let me know if it isn't working for you... Make any comment about your experience if you like, optional!
Yes mailto:olhme@commspeed.net?subject=YesHelped
No mailto:olhme@commspeed.net?subject-NoHelp

Do what you must to succeed today. As long as it's honest, fulfilling, doesn't cause anyone else pain or discomfort and worthwhile! 

Have a wealth building day while keeping healthy!
Lena

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======================
MOTIVATIONAL THOUGHT
======================


"There are those of us who are always about to live.
We are waiting until things change, until there is
more time, until we are less tired, until we get a
promotion, until we settle down -- until, until, until.
It always seems as if there is some major event that
must occur in our lives before we begin living."

~ George Sheehan

 



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

22 Ways to Grow Your Subscriber List
By Catherine Franz Copyright - 2004

1. Don't bury your subscriber form, place it on your home page and or every page and make it VERY easy to find.

2. Add a one-liner to the byline section of your online published articles. For example: "You can subscribe to [name]'s free e-newsletter by visiting [URL]."

3. Give people an additional incentive to subscribe. Give them a free ebook or ecourse that has valuable content on a topic that will attract the exact type of ideal clients/customers for you.

4. During network events, ask them if you can sign them up for your newsletter. Then you manually add them when you return from the function with a double opt-in feature. Explain the opt-in feature to them when you ask them to subscribe. This gives them a way out if they were just being polite. Keep asking and don't stop. Practice a simple two or three liners to explain the frequency and purpose of your e- newsletter.

5. Contact any trade organization or associations you belong to or membership has your target market. Ask for their member list. Member's usually get this free, they may charge you if you aren't.

6. After you have the organization's or association's member list, send a direct mail letter, and offer a free subscription and another other free offers you have that help them get acquainted with you, the type of services you provide, and the benefits of working with someone such as yourself. You can educate them through free ecourses that were created from your e-newsletter articles.

7. Recommend your client's company's newsletter in your e- newsletter. Ask them for a reciprocal recommendation. Both of you win with new subscribers.

8. Write reviews or provide feedback to other newsletters (electronic or printed) you read and enjoy. Many times your comments will get posted in a future issue, along with a link to your site.

9. One of the top ways to attract people is by giving them various ways to interact with you at your web site. Use questionnaires, contests, giveaways, games, or ask for post survey questions and post the statistical responses. Send out a special e-mail announcement when the results of the questionnaire, survey, contest is posted on your web site. The Sales Lead Report, http://www.imninc.com/macmcintosh, adds a survey with each issue, then uses the information in his PR campaign with phenomenal success.

10. Offer a different writing style. One that is warm, comforting, as if you are talking to a friend on the phone. Write conversationally with a personal tone. Add I's, me and you.

11. Always encourage your readers to forward a copy of your e-newsletter to friends, colleagues, and co-workers. You can even write a "forwarding e-mail paragraph" at the beginning so it is even easier for them to forward.

12. If you do speaking engagements or sales presentations, use one of the first few slides or last slide to invite them to subscribe to your e-newsletter. Don't turn off the screen so it is displayed after you are finish speaking if possible.

13. At speaking engagements, pass around a clip board with a manual way they can register for your e-newsletter. Start passing the board around before you begin speaking. Place a small different piece of paper with a short letter from you to them explaining the topics, frequency, and objectives of the e-newsletter as well as the opt-in option.

14. Send out a press release to the organizations you belong regularly about what's been going on in your e-newsletter. I began mine by sending out a short press release whenever an article was published. When I began getting published 10 and 20 times a month that no longer seemed practical. Thus, I moved over to one a month with a list of where the articles were published. Add a press release section to your web site and post them there as well -- at least the last six releases.

15. Find sites that give out awards for e-newsletters and keep applying until you receive one. When you do, send out a special announcement to your list as well as posting it in a few issues of the e-newsletter and rewrite your bio paragraph at the end of your articles.

16. Don't add people on your list without asking for permission first. Always offer an opt-in/out options. Give them a personal greeting if you are responding to a particular networking even group or other particular group. Some web hosts only need one s*p*a*m complaint before they shut your e-newsletter down. And it isn't worth the problems caused by not respecting this.

17. KISS your subscriber form. Meaning, "keep it short and simple." Ask for their e-mail and first name only. You can even simplify it more by just asking for their e-mail address.

18. Set up section for past issues of your e-newsletters. I recommend just listing their main topic or name of the article and not by date. People don't like to read things that they consider "old" easily. If you create pdf files for past issues, remember that it does save space but it also doesn't allow you to use unique meta page tags so that they show up in the search engines.

19. Add your e-newsletter bio line to all your e-mail signatures.

20. Send out your e-newsletter articles as content for reprinting into other media.

21. Offer targeted subscribers a special report when they refer your e-newsletter to three or more colleagues. Add a price to the special report to give a perception of added value. A special report is 3-10 pages on a very focused topic.

22. Offer your readers high-value content for them to read. Content they can't find easily or ever somewhere else on the Internet and they will keep coming back. This is the new wave for 2004. Subscriptions to e-newsletters are going down because content is too general.

Copyright 2004, Catherine Franz. All rights reserved.

About the Author:

Catherine Franz is a marketing industry veteran, a Certified Business Coach, Certified Teleclass Leader and Trainer, speaker, author. For daily, weekly, and monthly marketing nonfiction writing and deliberately creating ezines: http://www.AbundanceCenter.com. 703-671-5677



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

4C THE FUTURE
by Beverley Hamilton


Foresee the future, that’s what your customers expect, that’s what you need to deliver.

In an ever increasing global marketplace, the degree to which companies can deliver ongoing value to their customers’ evolving needs, determines their continued success. Value is a personal thing and successful companies discover what value means to their customers quickly, effectively and continuously. The challenge is great and meeting that challenge requires companies to recruit, train, develop and reward their people to deliver current and future value. Skills, knowledge, behaviours and thinking need to be uncovered and honed to enable people to deliver their best for the company and their customers.

If that is true, what implication does that have for leadership and senior management teams? The strategies that enable a company to gain and maintain customers are only as effective as the people that implement them; so recruiting, training, developing and rewarding those people effectively, is crucial. A phrase commonly used is the war on talent; but should it be a battle? What if a company’s talent strategy was such that the right people were attracted to rather than fought for?

At the frontline of any company is its salesforce. The salesforce of the future will need to reconsider the way it “sells”. “Tomorrow’s customers won’t just be looking for products they’ll be looking for solutions and services. In order to deliver them, companies will have to know everything about their customer’s organisation and how their products and services touch them… not only will companies have to figure out their customer’s current needs but they will have to work hard to anticipate their future needs as well….it will mean changing people’s mindsets from product centric to customer – service-centric” (1)

Building relationships to sell products is no longer enough. The salesperson of the 21@ needs to be a solutions provider and business partner for their customer. The increasing availability and usability of technology by companies means that there is greater transparency of price and product, so companies looking to develop and maintain long term customer loyalty need to transform their saleforces into customer advocates.

Traditional selling methods and their associated skills, will be less relevant, and more emphasis on building trust and rapport, creative thinking, needs analysis and partnership management will deliver the value customers expect. In a global context, these skills are even more critical as there are added dimensions of managing global strategies in local markets, understanding cultural differences and dealing with location, time and technological variations. One person may live in UK, have their HQ in Germany and their client base in EMEA, another may live in USA have their HQ in France and their client base in Asia. Effectively managing people and strategies in this context increases the need for having the right people in the right jobs to best serve those differently located customer bases. “Companies will have to burst out of their traditional habits to become true learning organisations.” (1)

To prepare customer advocates of the future and evolve current salespeople into customer advocates, there are 4 key areas that companies should focus on

CAPABILITY, COMPATIBILITY, CONNECTIVITY AND CREATIVITY.

CAPABILITY
“Skills, knowledge and talents are distinct elements of a person’s performance. The distinction being, that skills and knowledge can be taught whereas talents cannot… Talents are recurring patterns of thought, feeling or behaviour that can be productively applied.” (2) They are a person’s mental filters. This has implications when recruiting and developing salespeople. In order to identify the skills and knowledge a customer advocate needs may mean approaching recruitment and training in a different way. If you can’t train talents e.g. being proactive, you need to select for it. Assuming you have selected salespeople with talent and potential how do you determine the training, and development that will optimise their talents and uncover their potential.

Firstly identify the business outcomes you need your salespeople to achieve. Without business orientated outcomes training and development becomes a “so what?” activity adding no value to the individual, the company or the customer. Secondly, create individual learning paths to optimise current skill and knowledge strengths, minimise weaknesses, develop potential and utilise talent. This may mean no more “sheep dip” training programmes. This may mean no more performance reviews constantly telling someone they need to be more proactive.

The insight of great managers is that “People don’t change that much. Don’t waste time trying to put in what was left out. Try to draw out what was left in. That is hard enough” (2)

COMPATIBILITY

Sales managers or directors need their teams to deliver for their company and their customers. They need their teams to collaborate effectively. Often this is interpreted, as we need people who are XYZ and who can do ABC i.e. a team of like minded individuals equally capable and equipped. Great managers say, “excellent teams are built around individual excellence. The manager’s role is to make sure that each individual is positioned in the right role…to balance the strengths and weaknesses of each individual so that they complement each other” (2)

Having a team with diverse skills and talents adds strength, as there are opportunities for flexibility and adaptability. As markets change, a company’s speed of reaction becomes paramount to maintaining competitive advantage. This may mean creating ad hoc teams or to use a military term “rapid reaction forces” These teams may consist of people who don’t know each other, aren’t located together and have no experience of the task/market or product they are being asked to deliver. However, through their diverse capabilities, talents, nationality and cultural awareness, as a compatible team, they can collaboratively determine their goal, plan and implement a strategy to deliver successfully much quicker and effectively than could a like minded group, who all think and act the same. Imagine a soccer team with 11 goalkeepers!

CONNECTIVITY

“…the reason for virtual team failure is directly related to the difficulties of building trusting, positive relationships across the three boundaries of geographical distance, time zones and cultural differences.” (3)

Where a company is a global player, the nature of its sales teams is different. A salesperson may have to manage a multi-site and/or multi-country customer and become a global account manager. They need to manage a global strategy in local markets and deal with the differences of time, location and culture. They need to think and communicate differently to ensure their customer, their team, their manager and their HQ and support areas are kept informed and aware of what they are doing for and with their customers. Providing and using appropriate resources to manage this connectivity issue will often be a key factor in effectiveness. To truly share information and learn from it to benefit the customer e.g. develop new products, takes well developed communication structure and processes.

“If one part of the company learns something important about a process or market or customer, it has to be communicate to all…Sharing knowledge avoids re-inventing the wheel and with all players up to speed, less explanation is required to make changes and become more nimble in the market. That is the core of a learning organisation” (1)

As such sales managers will take the role of conductor and orchestrator ensuring that all the players keep in time, play the same tune and complete on cue together to give an unforgettable performance for their audience.

CREATIVITY

Inside the successful organisations of the future, product developers must translate the customer’s changing needs onto new products and services. Tomorrow’s corporate leaders will have to discover new ways to make sure that everyone in the organisation… keep their eyes on one thing; the customer” (1) If they don’t their competitors will.

If a more intimate relationship between company/salesperson and the customer is needed, the traditional selling methods of “selling” features and benefits won’t work. A more consultative/partnership approach needs to be adopted. This will involve salespeople being industry, market and customer specialists. Only then can innovative or creative solutions be discovered. Maintaining the edge is crucial to succeed Taking this one step further, means that companies need to create processes for dealing with change and having the will, resources and structure to exploit it ahead of their rivals.

Delivering global value to customers has a variety of implications for salesforces. To keep ahead of the competition requires capable people, compatible teams, connectivity networks and creative solutions. The task for company leaders is to provide the structure and resources for mangers to deliver these for their people.

1 – The Great Business Challenges of the New Millennium – HR Chally 2002
2 – First Break All The Rules – Marcus Buckingham and Curt Coffman
3 – Grovewell - www.grovewell-global.com

About the Author
Beverley Hamilton, a professional coach and facilitator and owner of One Step Further, works with senior sales executives and international and global teams to improve personal and team effectiveness and deliver increased business results and customer loyalty. She has worked with clients in the public and private sectors both in the UK and overseas including British Airways, Lloyds TSB, oneworld alliance and Surrey and Carmarthenshire County Councils THE FUTURE
by Beverley Hamilton

 


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