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WELCOME TO YOUR BEST SOURCE OF FREE, USEFUL & VALUABLE KNOWLEDGE ABOUT MARKETING!

Episode #322

All Selling Aside: How to attract and convert more high-end clients even if you hate selling with Joe Polish, Dean Jackson and Alex Mandossian

Episode Summary

What are the three most important things you need in order to build strong client relationships? Would you like a simple step-by-step system for converting 4x to 6x more sales?  Join Joe and Dean for a conversation with Alex Mandossian that covers these topics, and more …

Since 1993, Alex has generated almost $400 million in sales and profits for his marketing students, clients, and strategic alliance partners on five continents. His colleagues acknowledge him the Warren Buffet of the Internet because of his unique ability to make money for his partners, clients and students.

Here’s a glance at what you’ll learn from Alex Mandossian in this episode:

  • The three most important things you need in order to build strong client relationships
  • Dean describes the characteristics of a 5-Star Prospect and how to get them
  • Alex reveals his simple step-by-step system for converting 4x to 6x more sales  
  • R _ _ _ _ _ _ _ _ _ _ : A faster, better way to create content with 10x less effort
  • One of the most profitable (and most neglected) veins of business gold you can tap into
  • The No-Rejection Selling formula used by top coaches, consultants or service professionals
  • Why talking to your prospects about COI is more persuasive than selling ROI (return on investment)

Show Notes

  • High end products are just as hard to sell as low end products but they come with better profit margins.
  • Alex’s Stick Strategy Secrets is responsible for the creation of many of the world’s greatest marketers.
  • Framing is everything. The frame determines how well you sell, enroll, or influence someone else.
  • The thing that a real funnel has that a marketing funnel does not is gravity. The conversation and the relationship capital lubricates that process and brings them through your funnel.
  • Storytelling is the new selling. Tell a story and your prospect will sell themselves.
  • Marketing well can make selling unnecessary.
  • What would it take to have a conversational dialogue with one person to take them from someone who doesn’t know you to someone who trusts you?
  • You can tell the truth and still not be believable.
  • Relationship capital is like a water pump, it’s harder at the beginning but gets easier and easier to get that person to take that action.
  • Prequalify 80% of the time, and promote 20% of the time.
  • When you jump to the solution before identifying the problem, you run the risk of not understanding your prospect.
  • People love to be sold, they hate to be pressured.
  • Many marketers are trying to force their prospects into their own timeline for purchasing.
  • Marketing is the gravity that pulls the person through the sale.
  • Having a process that eliminates rejection and continues the dialogue of marketing can work in nearly every industry.
  • It’s not about ROI, it’s about COI (the cost of inaction).
  • If you don’t pay, you don’t pay attention. Giving away things for free changes the dynamic or your service and perceived value.
  • Marketing and selling are the ingredients that make the recipe work. There are very few businesses that fail because they are selling too much.
  • The challenge with ROI selling when you’re starting out is you don’t have the reputation to back it up. COI is about focusing on change and not selling your offer. Where do you want to be and where are you now?
  • Many people suck at the part of the presentation that goes from seeding to selling.
  • Pulling them in by COI dialogue is actually coaching.
  • People can calculate the ROI of something pretty easily, but they don’t usually measure the cost of not doing something.
  • Repurposing is more effective than SEO. Taking your content and leverage it into several different channels.
  • The message is the hub, the channels are the spokes, and the marketing is the wheel.
  • The table of contents for a book you are writing can become your editorial calendar for the next three years.
  • We get tired of our stuff before our tribe does. Keep teaching the same content, just from a different angle.
  • If you sell too soon people get annoyed, seed your content and reap the benefits later. You have to earn the right to sell.
  • Educating people on making a buying decision is critical, but educating people on how to do that is even more critical.
  • Giving is only one half of the circle of success, receiving is the other half and many entrepreneurs are crappy receivers. A lot of the resentment of giving too much is not being open to receiving. Part of receiving is asking and accepting and you can build a better business by being a better receiver.

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