Great Use of Foursquare

March 9th, 2010

This post on Hubspot was brilliant for showing an out-of-the-box use of Foursquare by throwing a Swarm Badge party.

For those of you who aren’t yet riding the Foursquare wave, the Swarm badge is a big deal. It’s one of the hardest badges to get because 50 people all have to be checked in to the same location at the same time.

Joe, the restaurant owner written about in the post, clearly understands both social media and the right way to use it. He recognized something his clientele wanted, and he found a way to help them get it while also promoting his business.

That’s a clear example of Givers Gain! And it shows that social media is more than a time-wasting fad. People ask me all the time if you can really get business from social media. Joe certainly demonstrated that you can.

But, like with any other sound marketing technique, you have to understand it and how to work it. It’s not enough anymore to blast your brand. You have to engage your audience to understand what they want. Providing them with a “special offer” is good. But it’s not enough either.

Tomorrow I’m going to discuss why engaging with your market is so important. And, of course, I’ll provide some ways to engage.

Oh, and I really want a Swarm Badge too. Know any restaurants who need help with their social media strategy? Send ‘em my way, and I’ll help them get set up in social media so they can throw their own party. I’ll invite my Foursquare friends, and we can all get our badge.

Sizzling Elevator Speeches

March 8th, 2010

In my last post, I talked about your networking toolkit and said that a good elevator speech was an essential part of that kit.

What is an elevator speech? Simply, it’s a short statement about who you are, what you do and who you are looking to meet. Think of it as the verbal equivalent of your business card.

The following format works very well for someone looking for business referrals.

1. Name and Business
2. Brief description of your product or service
3. Profile of a client you have helped and how you helped them
4. Specific type of referral you are looking for
5. Name and Business again
6. Your “tag” or “hook” line if you have one.

Let me break this down, one element at a time.

Your name and the name of your business should be and is pretty obvious. Enough said.

The brief description of your product or service is the first point that trips people up. This is where it is very easy to go into the laundry list of everything you do. Resist that temptation! We can only keep a few things in our mind at one time. If you overload us with a long list, we will tune you out.

The other reason you can be brief in your description is that your story is another way to describe what you do. A story that moves us is more likely to be remembered than a list of services offered. A story can illustrate a number of things about you. It can describe a client in terms that might trigger other people to say to themselves, “Hey, I know someone like that!” It can show the specific benefit of working with you. It can show how wonderful you are with your clients. And it does all these things in a way people will relate to, believe and remember.

So when you are working on your elevator speech, think about your clients. What are your two or three best stories? Write them down and then work on trimming them to about 15 seconds.

So after your story, we know what you do and a little bit about how you do it. We also should have some clues about who you do it with. But it’s not enough to just passively put the word out there. You need to give us a call to action. And that’s what the specific request for a referral does.

How do you ask for a referral? There are a couple of methods. One is to ask for a specific person. You refer back to your story and say something like, “Another company that I’d like to do the same thing for is XYZ Corp. I’d appreciate an introduction to Jane Smith in their HR department.”

Supposing you don’t need to meet a specific person? That’s okay. You can still ask for a referral. A good phrase to use is “Who do you know who…” and then fill in the rest with something that ties back to your story. That is a very powerful way to ask for a referral. It is an open-ended question (one that can’t be answered by “yes” or “no.”). Many people use “Do you know someone who?” This structure is not as effective because it is closed-ended (can be answered by “yes” or “no.”).

Repeat your name and the name of your business. Why? Because the odds are good that we weren’t paying attention the first time. If you are at an event where lots of people are giving an elevator speech, we’ve probably heard several bad ones already and are bored. We’re going to assume that you are going to be just like the others we’ve heard, and we’re tuning you out. Then you surprise us with something that is actually good! Now we want to meet you. But we missed your name.

Few people are comfortable with walking up to a total stranger and admitting we can’t remember a name. So give us a second chance to catch yours. We’ll be more likely to talk to you and ask you to “Tell me more.”

Finally, do not overlook that tagline. What is a tagline? It’s an eight to ten word sentence or phrse that ties everything together and leaves something memorable in the audience’s mind. Big companies almost always have them. Some examples are:

Avis-We try harder
GE-We bring good things to life
Nike-Just do it.

See what I mean? A tagline should be catchy and memorable. It’s the last thing your audience will hear, so it is worth spending some time working on a memorable one. It will set you apart from others at a networking function and will make people want to talk to you.

The most important thing is to remember always to be clear and concise. No one likes to listen to someone drone on for several minutes and say nothing. One of the best compliments you can get is one that I received after an event. “Lots of people talk a lot and say very little. You talk a very little and say a lot.”

That’s the goal of an excellent elevator speech!

The Networking Tool Kit

March 5th, 2010

Most professions have some basic tools they use to be successful. Networking may not be your profession, but if you are using it to grow your business, it’s certainly part of your job. Do you know your tools and how to use them?

1. Business cards

You do have them, right? I can’t tell you how many times I meet someone at an event and hear, “I don’t have any cards with me.” The reasons are myriad:

* I ran out
* I just changed jobs, and my new cards aren’t in yet
* I left them in my other jacket

And on and on. The reasons don’t matter. Cards aren’t that expensive or that big. Temporary cards at Kinkos are only a few dollars. I keep three in my wallet, just in case. They are also in my briefcase, in my car and stashed in an inside pocket of my winter coat. Unless I am tied up and stripped naked by muggers, you should never be able to catch me without one. (And if you should find me tied up in that state, I should hope asking me for my card won’t be your first question.)

There is no excuse. Networking is about meeting people, exchanging ideas and contacts and following up. Without cards, you are crippled.

2. A good elevator speech

I’m going to be writing a post soon on this topic, so I won’t go into too much detail here. But you need one. It needs to contain the following:

* Who you are
* What you do
* Who you are looking to meet
* Why we should care

And it needs to be brief and evocative. Even if you never have an opportunity to stand up and deliver your speech, going through the process of writing it will help you be more effective at talking about your business.

3. A good contact management system

Note that I said “good.” I didn’t say “fancy” or “expensive.” A paper address book works. Mobile and smart phones are good. Thousand dollar CRM systems will certainly do it. But the most important part of your system is that it be one you will use. The best system in the world that’s never updated is useless

Find one you like and that you will use. When you collect cards at events, enter the information promptly. It’s no use to know a lot of people if you can’t contact them or pass their info on to others.

4. Attitude

I have an “Attitude” pin on the lapel of one of my jackets. It is a conversation starter, but it’s also a tangible reminder of the only thing we have total control over. The right attitude in networking will take you a long way. The wrong attitude will leave you hanging.

What’s the right attitude? Easy. Be open and willing to help others. Be willing to ask for what you need. Be bold to take advantage of opportunities that come your way. Be flexible to shift in unexpected directions.

These are the basic tools of a good networker. Acquire them. Hone them. Use them well. They will keep you in business for a very long time.

Networking at a Funeral

March 4th, 2010

You may have noticed that my blog has been quiet for almost a week. There’s a reason. Last weekend I was at a funeral and right after we got back from that, we had to put down my dog. It’s been a rough week.

But when I was out of town, I realized I had a good blog topic. I’ve always said you can network anywhere, even at a funeral, and last weekend I had an opportunity to prove it.

No, I didn’t network at the actual service, but there were lots of family gatherings that weekend, and I managed some good networking there.

One of the cousins needs to learn more about blogging and social media, and he wanted my website so he could start reading my blog.

One of the uncles just started a real estate business and had come back from a three-day workshop on branding and marketing. One of the topics had been social media, and he wanted to pick my brain. I gave him some ideas of social media outlets that hadn’t been covered at the workshop.

And finally, one of the aunts is looking for a job. She has an offer, but it’s not something she is passionate about. I asked her a couple of coaching-style questions and gave her some ideas of how to find her passion.

That’s networking! You’ll notice I didn’t “get” anything from the exchanges. But I certainly gave some things of value. And giving is the most important part of networking. I even had an opportunity to give out my card to the real estate agent. I wanted him to be able to easily contact me if he needed support or a sounding board.

As long as you remember to honor the occasion and focus on giving before receiving, you really can network anywhere. Even at a funeral!

Anyone else have any stories of oddball places you’ve successfully networked?

Tweeting via a Twitter Client vs. on the Web

February 25th, 2010

I’ve been fielding a lot of questions lately on how to interact with Twitter. The Twitter website is the obvious place to start, and it covers most of the basic functions, but you are missing out on some nice features.

If you are checking Twitter on a mobile phone, using the mobile site has gotten a lot better. You can now check your mentions and favorites from the mobile site. Even a couple of months ago, all you could see was the stream of people you were following. However, you still can’t check lists on the mobile site.

The better Twitter apps do give you access to lists, which are one of the best ways to manage your time on Twitter once you are following more than 100 people. Without access to lists on the mobile website, you are losing out on one of your best time management tools.

If you see a tweet you like and want to retweet it, you’re limited to the new retweet style on the website. Lots of people (myself included) hate the new style because you can’t edit the retweet before sending. It’s nice to add your own endorsement to a retweet. Most Twitter clients (for both computer and phone) allow you the option to edit before sending.

What’s the best client? It depends. I use Tweetdeck on both my phone and computer. It’s free and gives you everything I’ve mentioned above. I also use Twittelator on my phone. Why two clients? Tweetdeck moves between lists and saved searches faster. Twittelator allows more options with a tweet. The one I use depends on what I need to do.

HootSuite is supposed to be an excellent client, especially if you want to schedule tweets or easily manage multiple Twitter accounts. They also have an iPhone app. I’ve not used it myself, but people I know swear by it.

Tweetdeck and Hootsuite allow you to manage your Facebook account in addition to Twitter, which keeps multiple social media accounts in one place. Good time management!

Twitter via the web isn’t a bad way to start with the service, but in my opinion, if you want to use it seriously for business, you’ll want to move to a client as soon as possible.

Why Are You Engaging In Social Media?

February 24th, 2010

Yesterday I talked about “what is social media.” Obviously you need to know what something is before you can decide if it’s right for you. But the next most important question is why are you there?

And no, because some blogger said that “everyone must have a Facebook page” is not a good reason.

There are lots of good reasons to be there. And your reason is going to influence what social media channel(s) you use.

Here are a list of reasons people engage in social media:

1. To keep up with far-flung family and friends
2. To make loyal customers more loyal
3. To find new customers
4. To stalk…I mean keep up with…celebrities and their antics
5. To keep up with the news
6. To be known as an expert in some field
7. To market a book or a product from their website
8. To extend the geographic reach and recognition of their brand
9. To offer a better customer service experience
10. To attract customers from certain age groups

And the list goes on. Your reason might be one of the above, or it might be something entirely different.

Certain social media channels are better than others for accomplishing your goals. Facebook is a better channel to keep up with family and friends than Twitter. Twitter is a great way to spread your message widely and to build relationships in other parts of the country, or the world. A blog is just about required to be seen as a thought leader in a particular field.

It’s not enough to just sign up for a Twitter account. If you don’t know why you have that account, odds are you won’t do anything with it. Or you may be doing good things with it that don’t meet your goals.

Example. A couple of weeks ago, I met with a prospect. Their goal with social media was to extend their reach. When they get a client, that client stays very loyal because their product is that awesome. So they need more clients. Lots more clients. What social media channel are they using? A personal Facebook page. Which is great for keeping in touch with family and terrible for extending their reach. Not to mention in violation of Facebook’s terms of service (you can’t use a personal page for commercial gain).

See why knowing your goal is so important? Their page is active. And their loyal customers friend them and interact with them. But that’s not their ultimate goal. If someone had asked them why they are using social media before they set up a page, they could have found a more effective channel. Like Twitter. Or Foursquare. And since they are a specialty shop, a Yahoo! Group might be effective as well.

If you are already engaged in social media, stop and ask the question. Why am I here? Make sure your channels are the right ones. If you are thinking about social media, ask the same question. The answer may guide you in a totally unexpected direction.

What is Social Media?

February 23rd, 2010

I’ve been talking with people lately about social media, and I realized that a definition was in order.

When you say “social media” a lot of people think Facebook, LinkedIn, Twitter and maybe MySpace or YouTube. But there’s a lot more to social media than those sites.

I define social media as “any way people meet each other, interact and build relationships on-line.”

Certainly the five sites above fit that definition. But it’s much broader than that.

On-line forums or boards are social media. I hang out in the Wizards of the Coast D&D boards and a forum for people who write Torchwood fanfiction. I mostly lurk on those boards, but if I wanted to, I could certainly build relationships there.

Listservs or email groups like Yahoo! Groups are another form of social media. I’m on the Kindelkorner Yahoo group. It’s been an invaluable source of information about self-publishing in addition to being a great place to find out about free books. Again, I tend to lurk. I can only be active in so many social media channels, but there are regular people whom I recognize. Some I like and respect. Some I don’t. Just like interactions and relationships in the face-to-face world.

My husband loves to play chess. Chess.com is the site he uses to find and play with people from around the world. There are lots of social media elements to the site, so even my husband (who insists he doesn’t do this social media thing) is active in social media. But don’t tell him, okay?

The multitude of options is why its so important to have a reason and a strategy before diving into social media. If, for example, your target market is knitting fanatics, Twitter might not be the best place for you to go. But a knitting group on Yahoo! Groups (I found 6515 when I did a search) might be perfect.

Interested in the TV show Caprica (my latest obsession)? Check out LiveJournal. I found three communities there, and I’m sure there are more.

Social media encompasses so much more than Facebook and Twitter. Over the next few weeks, I’m going to be doing an intermittent series of posts on social media strategy, time management and generally what to do once you begin the interaction.

That’s the feedback I’ve been getting from people. There’s a need. I’ll try to answer it.

But if you’re looking for face to face stuff, don’t despair. I’ll continue to post plenty on that topic as well.

Looking for Feedback

February 22nd, 2010

I’ve been writing this blog for about eight months now, and I think it’s long past time I asked for feedback.

So here goes. Please answer some or all of the following questions in the comments:

1. How often do you read the blog? Every day or just when a topic interests you?

2. How do you get to the blog? Twitter, Facebook, RSS feed?

3. What topics particularly interest you? Face to face networking, social media, time and task management or networking on the go?

4. What topics have I not covered that you’d like me to?

5. Anything you’d like me to know that I didn’t ask?

Many thanks! I look forward to reading your feedback.

Interview With Bob Burg: Part Two

February 19th, 2010

Bob Burg Today we have Part Two of my interview with Bob Burg. Yesterday was the official launch day for Go-Givers Sell More, his new book. If you haven’t already bought it, go do so quickly. It’s that good.

And now back to Bob.

Q: How is this book an extension of The Go-Giver?

Bob: What we did is we took the 5 Laws from The Go-Giver and we applied them directly to the selling process. We used quotes from The Go-Giver and peppered them at the top of chapters. And we’ve gotten just terrific feedback on that. That was John’s idea, and I thought that was wonderful.

We also provide examples of people who do utilize the principles from the book and have used them to really build their business. Plus we’ve included example from people John and I have known who were doing this long before The Go-Giver was ever written.

Q: You describe 5 Laws in the book: Value, Compensation, Influence, Authenticity and Receptivity. Which one do you think gives people the most trouble?

Bob: Without question, the biggest one is the Law of Receptivity. People have said to John and to me, “Wow, the first four laws I could get my hands around like they were polished wood, but this one, the Law of Receptivity, just gave me splinters.” It’s probably the one we’ve been able to help people with the most because it’s their biggest challenge.

It’s very easy to grasp the Law of Value, and the Law of Compensation makes perfect sense, you know, increase the number of people you’re serving. The Law of Influence, that’s a matter of understanding that putting others people’s interests first is a key to success. With Law #4, Authenticity, most people want to be their best authentics, so not a problem. But the Law of Receptivity: breathing in as well as breathing out. Being able to receive in abundance. That can give people some challenges.

So that’s why we made a real point in both books to really work with people on that and really demonstrate it in a way that people could very easily embrace.

Q: Let’s say you were speaking to some people who are just starting out in sales. What one thing would you most want them to know?

Bob: The first thing I would do would be to ask them to read and study it as a profession. To understand that sales is a profession. Not only do they need to be proud of their profession but proud of their product or service and so forth. They need to absolutely understand the selling process. So they need to study the sales greats. They need to study the Brian Traceys and the Zigs, and they need to study the people out there. They also need to understand, and this is the biggest one, that in sales, it’s not about you. It’s not even about your product or service. It’s about the other person. If you can go in learning as much about selling, and being totally focused on adding value to the life of the other person, you’ve got to succeed in sales.

Q: You say that they need to study sales and the sales process, but in the beginning of the book, you take a contrarian view to the standard sales process taught by many.

Bob: No, the good ones teach it correctly. In the book it sounds like we are downplaying sales skills. We’re not. We’re saying that selling skills by themselves are not enough to make someone successful. It’s like a baseball player has to be able to throw, to hit and to run. But those in and of themselves aren’t going to make him a successful ball player. That’s just baseline. And in the same way, what we say is people have got to have belief in what they’re doing and in their product. They’ve got to have great product knowledge. They’ve got to have the sales skills, but those things are just what it takes to be invited into the game.

The superstar sales people are not superstars because they have belief, because they have product knowledge or because they have great selling skills. They have them all, but that’s not what separates them from the rest. What separates them from the rest is their total focus on the other person.

You take a look at referral-based salespeople, Juli, and what is it about them that’s so prominent? It’s that wherever they go, they spread this great good will. They tend to touch people’s lives. They make people better. They make people happier. You know? That’s the difference. And you do that by having the focus on the value you can provide to other people.

Q: And now you’re talking to some who’ve been in sales for several years. They have the passion, belief and basic sales skills. What would you say to help them take it to the next level?

Bob: I would say if they are not as successful as they believe they should be, then it’s probably the focus. And I would simple say, “Shift that focus. Make sure your focus is on the right place.”

You know, back when I was just starting to get good at sales and starting to produce, I met a salesperson who was getting ready to retire, and he gave me some words of wisdom I’ve never forgotten. He said, “Burg, if you want to make a lot of money in sales, don’t have making money as the target. The target is serving people. Now, when you hit your target, you’ll get a reward. That reward will be money. And you can do with that money whatever you want, but the money is not the target. It’s merely the reward for hitting the target. The target is serving others. Keep your priorities straight.”

Q: Good reminder on the priorities. Any final words?

Bob: Just to keep in mind the basic premise that in sales, it’s not about you, it’s about them. And if you can keep that at top of consciousness, you’re always heading in the right direction.

Thanks, Bob. I very much appreciate you taking the time to talk with me. I hope all my readers enjoyed it as much as I did.

Network (and sell) well!

Interview with Bob Burg: Part One

February 18th, 2010

Bob Burg A couple of weeks ago, I reviewed Go Givers Sell More. Last week, I emailed Bob and asked if he’d be willing to be interviewed for my blog. To my everlasting delight, he agreed. Cover of Go-Givers Sell More

As you can see from the picture, today is the launch day! If you use the link above, you’ll be able to buy the book and get some great free extras. Go ahead, you can buy the book and then come back for the interview. We’ll wait for you.

Back from buying the book? So here’s the first of what I plan to be a periodic series of interviews with influential people in networking, both in face to face and in social media.

Enjoy hearing and learning from a master of sales and networking!

Q: I see you’ve been a speaker and presenter for 20+ years. What did you do before? Why did you decide to begin speaking, and why on the topic of networking and referrals?

Bob: I began as a television broadcaster, wasn’t particularly good at that and realized it wasn’t going to be my career. I graduated into sales but very quickly realized I had no idea what I was doing. Fortunately I found a book called How To Master the Art of Selling by Tom Hopkins, read that, and it immediately accelerated my sales. I then studied some books and tapes by Zig Ziglar, and I made a study of sales. Eventually I made my way up to sales manager of the company.

Q: Curious, what were you selling?

Bob: I started out by selling media time for radio and television commercials and then I sold solar energy hot water heating units to homeowners. That’s the one where I worked my way up to sales manager of that company. I found I really enjoyed that because I got to go out and sell, and I could lead a team of sales people. I enjoyed teaching sales. I enjoyed learning and then teaching what I had learned. Informally a couple of other companies asked me to come in and show their sales team what I was doing, and I thought wow, this is fun, and I think I could make a living at it. So I went into that business. And it’s been just about 20 years.

I found that the networking aspect was really my forte. Creating relationships with people that lead to a referral based business is certainly a lot more fun than gathering business in other ways. I found I was able to master the art of referral marketing, and then it was a matter of putting together a system for it that I had been using and being able to teach others how to do the same. And that’s where my first book, Endless Referrals, Networking Your Everyday Contacts into Sales came from. That’s been sort of mainstay book that’s been used by a lot of companies, and then with my excellent co-author, John David Mann, we came out a couple of years ago with The Go-Giver.

Q: You’ve shared the stage with many famous people, including former President Gerald Ford. What person were you most excited to be on stage with?

Bob: It’s tough because there have been so many: Zig Ziglar, Tom Hopkins, Brian Tracey. All those guys were more exciting than the celebrities to me because these are the people who helped shape my career. So to actually be on stage with them was just a huge thrill for me.

Q: You say in the book, Go-Givers Sell More, that the ideas didn’t originate with you, and I agree. Much of what you say I’ve heard in other books or presentations. So why this book? And why now?

Bob: Well, first I am fairly certain, Juli, that I have never had an original thought in my life. There is so much great information out there, dating back from thousands of years to a hundred years to new books coming out all the time that I just find terrific and so helpful.

I think the key is not so much coming up with something new as either a new application of an idea or putting something together in way that is relatable and duplicatable. I have to totally credit my co-author John David Mann here. He is the writer. I’m a how-to guy, but John is a storyteller, and boy is he good. He can take an idea and just absolutely masterfully word it.

But we’re a little bit contrarian in Go-Givers Sell More. As you saw, we say most people look at sales backwards. Most people think it’s trying to get someone to buy something they don’t want to buy when sales is finding out what someone does want to buy and helping them get it.

The biggest misconception is that sales is a matter of getting from others. It’s not. Sales at its highest level, at its most profitable, at its best, is all about giving. And as you saw, the Old English root of the word “sell” is “sellan” which means “to give.” So when you sell, you are giving. You’re giving time. You’re giving attention. You’re giving counsel. You’re giving empathy. And most of all, you’re giving value.

We take some of those ideas and we turn them on their head a little. However, and this is important, these ideas are only contrarian to those who are the average producers. The superstar, mega-producers: it’s not contrarian to them. This is just how they’ve been doing business.

—————————————————–

Thanks for that, Bob. Tune in tomorrow for the rest of the interview where Bob tells us a bit about the 5 Laws presented in the book, including which one is the hardest for people. He’ll also give us some words of wisdom for both new and established sales people.

Until then!