“There’s a special rung in hell reserved for people who waste good scotch.” If you saw the movie Inglorious Bastards, you might recall that quote. A good friend introduced me to scotch a little over a year ago. I’d never tried the drink before but was willing to give it a try when he brought a bottle to my home. It turns out Jane and I both liked it…a lot! It’s less filling than beer, doesn’t make us sleepy like wine, and there’s an amazing variety of different scotches to choose from.This post isn’t about the virtues of scotch or an attempt to convert anyone. Rather it’s about an interesting marketing ploy. There’s a well-known scotch called Ardbeg, which boasts a very peaty flavor. The distillery first began producing whisky in 1798 but eventually closed its doors in 1981. Limited production started up again in 1989 and continued through 1996. Full production resumed in 1997.When I bought my first bottle I noticed the distillery had an Ardbeg Committee, which I could join if I was so inclined. Out of curiosity I decided to fill out the paperwork. Eventually I received my committee membership. A few persuasive principles were at play here:First, they shared a compelling story about the history of the distillery. People are drawn to stories, particularly those that have to do with overcoming adversity. Ardbeg’s long history, closure and reopening made for a compelling story.When I became a committee member the principleof consistency was engaged. We like to behave in consistent ways so it’s only natural a committee member will probably buy more Ardbeg than some other brand.Not all scotch drinkers are committee members so the exclusivity taps into scarcity. I’m not a committee member for any other scotch so it’s special community for me and the other 60,000+ committee members. This is an example of very clever marketing to revive a once struggling brand and build loyalty. The approach reminds me somewhat of the professional football team The Green Bay Packers. Unlike all the other pro sports franchises, the Packers will never leave Green Bay because of the business decision of an owner or group of owners, as has occurred with many other NFL teams. You see, the Packers are owned by the fans. Their stock has no appreciating value, pays no dividends and cannot be sold or traded like other stocks but all the fans care about is this – they are all part owners of one of the most storied franchises in all of football. More than 110,000 people own nearly 4.8 million shares.Maybe you don’t want to own the team, just go to the games. Season tickets for the team have sold out every year since 1960! Currently there’s a waiting list of more than 81,000 names to become a season ticket holder! This is Green Bay, Wisconsin, not some big city or exotic get away destination, and people are registering kids at birth to get tickets. Green Bay fans are … fanatical!A good product isn’t always enough when it comes to making the sale and that’s where persuasion comes in. How you talk about your product or service and how you position it makes a BIG difference. Limited availability (scarcity), and a sense of belonging and community (commitment) go a long way toward impacting our decisions and behaviors. So take a lesson from Ardbeg and the Packers and see if you can create something special for your customers and prospective customers when it comes to you and your product or service.Brian Ahearn, CMCT® Chief Influence Officer influencePEOPLE Helping You Learn to Hear “Yes”.
Influencers from Around the World – Beware of the Bogus Authority
To kick off the New Year, our Influencers from Around the World series starts with Sean Patrick. Sean is originally from Dublin, Ireland, but now resides in London where he works in sales and sales management. You can connect with Sean on LinkedIn or Twitter. Sean also owns a sales training and coaching company, SPT (Sean Patrick Training), Ltd. Always thought provoking, I know you’ll enjoy Sean’s point of view on “authorities” and their content.Brian Ahearn, CMCT® Chief Influence Officer influencePEOPLE Helping You Learn to Hear “Yes”.Beware of the Bogus AuthorityI’ve just finished a well-written book by Georgia attorney Loren Collins called Bullspotting. It was a nice segue from another brilliantly written piece by Massimo Pigliucci called Nonsense on Stilts. As you can probably tell, the book attacks the nonsensical logic behind some of today’s content that craftily bypasses the critical filters of its followers, making absurd claims believable. Ironically, the author himself was a proponent and follower of such people who disseminated misinformation. This got me thinking about how dangerous it is when we open up to pseudo-authority. This isn’t just a phenomenon that exists on the fringes; it is everywhere.In business, we have the same problem but not quite to the same extreme. Misinformation is like a mind virus that quickly infects those who really need information to back up their status quo. We’re living in a time where content is everywhere; it’s like drinking from a fire hose. What kind of misinformation am I referring to? Half-truths mainly, or tactics that worked for the author on one very lucky occasion but are now claimed as a breakthrough. There’s also the other kind, the kind where we think we know about a subject because we read one article or in some cases, the first couple of paragraphs. Our ability to contaminate information further has to be taken in context. Our ability to recall accurately goes through a process of bending, shaping, remodeling until we think our warped view is exactly how we saw it. And bogus authority figures really know this sharing of half-truths is immensely powerful, so we can dot the lines ourselves as part of the journey to finally agree with the author’s claims.In business a client base is like a portfolio of investments and treating them as such will create long term of value and recurring revenue. Our job as salespeople is to go deep and create ongoing change and help clients solve their next problem, and the next and so on. We strive to drive results with practical solutions and provide serious impact continually on the relationship. Great sales people earn higher fees via commissions because of their ability to create huge impact and provide value. One of the key areas in providing value is overcoming the hurdle of misinformation that clients buy into. As I noted above, most people who consume so much information on a daily basis fail to employ quality control. Over the years as a coach, one of the misdemeanors that some of my clients were guilty of was dining out on so-called authoritative content on sales topics and stuff that overlapped into self-development. What the information consisted of mainly was of brain candy quality. The kind of content I’m referring to is the stuff that isn’t earth shattering (but is marketed as so) and if you sat and thought long enough you’d probably have come to those conclusions without any help from the author…and you would have dismissed them!As people who sell, own a business, or provide professional services, it’s up to us to engage the client in a way in which we become the authority and the go-to-favorite of the client. We can achieve this by proving concept, demonstrating value, helping a client take ownership of a problem by providing deep insightful information that is contextually relevant to their most pressing problems.Focusing on conversations that move things forward are essential in setting boundaries and prove to the client that we have a proprietary approach in getting grounded and having more clarity in aligning themselves with their key priorities.In this age of content creation and re-creation, we are deluged by pure nonsense most of the time or at the very least someone’s biased, one-sided view on matters. This is dangerous if we fail to act objectively. Thanks to the internet, everyone is now an “expert” and we sit there in a glassy eyed daze agreeing with what’s being presented to us, largely because it passes through our filters — but only if we let it. Sean Patrick
Applying the 80/20 Rule to Marketing: A First Look
One of the many great lessons I’ve taken from Tim Ferriss is the active application of the 80/20 rule to projects and endeavors. The 80/20 rule, known more formally as the Pareto Principle, states that 80% of your effects are usually generated by 20% of your inputs. For example, in B2B sales it’s often the […]
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