READ: 5 mins
AUTHOR: Guy Arnold
As business owners, surely we all want to sell as much as we can as fast as we can?
And surely that’s never been more important than today – with intense worldwide competition, transparent customer feedback and customers able to shop around the world at the touch of a button? And let’s not mention the mother of all recessions which is surely on its way …
Taking the case of Digital Agencies: all businesses want digital support, and few of them are capable of keeping up to date with changes and needs on their own: so this is good news: Digital Agencies have a massive potential market of ready and eager customers all the time!
But, of course, the bad news is that there’s also a huge army of agencies, ready and willing to promise the earth and quote ever lower prices to take your customers from you.
So, in order to attract customers, the temptation can be to engage in more and more exciting offers and more and more tempting promises…
Could there perhaps be another way? One that doesn’t engage in the race for the bottom? One that’s truly innovative? One that slows down to take the time to add REAL value at every step, and, by doing this, to earn a customer’s lifetime loyalty … not to mention a steady stream of referrals?
I’m Guy Arnold, founder of an alternative approach to running Independent Businesses called ‘Slow Selling’: it’s an approach that focuses on customer reputation, loyalty and referrals above all else … with the view that, if we get this right, the sales will follow (without us having to sacrifice our principles or our profits).
In this short article, I aim to focus on Digital Agencies and what you can do to realistically grow sales and profits, whilst also reducing marketing costs … especially in tough times like these.
Of course there’s not enough room here to explain every step, but I’ll just give you 3 small tips that could make a HUGE impact if done well … and, if you’d like to know more, our contact details are at the bottom.
OK; so where were we?
Big market … big competition … race to the bottom … all profits disappearing into the hungry mouths of the Silicon Valley monopolies … not great!
I’m writing this as a long-term customer of Digital Agencies, who is continually bombarded by them with exciting new ways to spend my money on marketing, and, here’s the key point:
So: if everyone can offer to do more or less the same thing (which is what it often looks like as a customer), then my best bet is to shop around on price.
And the blind race to the bottom continues!
It’s easy to get customers by promising the world for a rock bottom price: my background is in the leisure Industry and a phrase we always used to use was:
So you wouldn’t do something like that, would you?
And it seems to me that businesses are also getting understandably cautious about all the ‘standard’ marketing tools like PPC and SEO.
PPC involves an auction that delivers the lion’s share of the profit to the online platform, and SEO is fine, but clicks don’t pay the bills, customers actually buying is what counts … and that’s very often something completely different.
There’s no point in being top of the list if you’re not the most suitable solution for the person searching … and one of the worst crimes in this age of transparent customer feedback is overpromising in order to get noticed (which seems to have been the business strategy of choice for years before the advent of the empowered customer .. and, amazingly, often still is!).
In this frantic, confused and crowded market, isn’t it perhaps time to slow down and consider an alternative approach?
How about an approach that places you as the informed expert who’s prepared to go out of their way to genuinely help their customers increase sales and profits (never mind hits and clicks … ), in the sure belief, that, if you really do this well, then the customer will want to stay with you, buy all they can from you, and actively recommend you to their friends?
Maybe an approach that slows down to ask deep open questions about the customer’s business strategy and process, and helps map the behaviour of their customers … with the promise that you won’t take any action until you’ve both thought it though deeply, identified what actions it’s designed to encourage in your customer’s customer and worked slowly with them, step by step, to make sure this happens?
And what about continual built-in measures and proactive suggestions of step by step improvement based on what you see?
Or perhaps even really working as a trusted partner by basing your payment on the results your support generates for your customer?
So your customer doesn’t get just another ‘Digital Agency’ working for them, but instead gets a ‘Caring expert partner’ who delivers peace of mind, confidence, easier life, attention, trust and, above all, a continual stream of great results for both of you.
And, if you could do this, would you perhaps expect your customers to be fiercely loyal, and actively recommending their friends to seek you out?
(Rather than having to continually market yourselves and make offers to find and engage new customers?)
And would you be measuring your success not in ‘sales this week’, but perhaps instead: ‘referrals received this week’ and ‘sales produced for our customers this week’?
Of course, all of this is common sense: I can’t imagine anyone reading this and disagreeing … but how often do you see this happening in practice?
It’s easy to understand that this makes sense, but it’s easier still to say: ‘That wouldn’t work in our market’ or ‘We can’t do that because …’.
Instead, the normal course of events for most businesses trying to attract customers and make profits is continual ‘quick fix offers’, ‘introductory deals’ and ‘price matching’. Common sense is rarely common practice …
So, like every good plan, its MUCH easier to say and understand than it is to do, and to do effectively. That’s why we started up the ‘Slow Selling’ movement: to help you actually put these ideas into practice, step by step, every day.
And, as promised, here are 3 small steps to get you started:
In a nutshell: we suggest you need to slow down in order to sell more: no one likes to be ‘sold’ to, but everyone likes to buy from people who genuinely want what’s best for them, have great systems to make sure they consistently behave in accordance with this belief, and who judge their success by how well they achieve this.
And if you like this approach and want to learn more, please see my book ‘Slow Selling’ at all good booksellers, or visit our website www.slow-selling.org and get in touch, but, above all else, remember this:
No farmer ploughed his field by turning it over in his mind.
It’s easy to read this article today and think ‘That makes sense’ and then take no action because you’re busy: of course, this is normal!
So, to help you keep these ideas in mind, and take one small step forward each week, we created our ‘Free weekly tips’ email service.
Here’s the link: click here and sign up today, because, if you don’t, you will probably have forgotten by tomorrow…