07 Aug
Posted by Aaron at FullTiltBlogging.com as Make Money Blogging, Making Money Blogging, Marketing
I was recently corresponding with Joe the Rasta Marketer about separating people who are ready to spend money from those who are just so-called “freebie seekers.”
As you read this brief post, you will instantly grasp a truth that will increase not only your understanding, but your profits as well.
Back in the 80’s I was doing a bunch of direct selling–sitting down with people across a kitchen table, office desk or restaurant table, pitching my heart out.
But I had a problem: While I was doing bundles of appointments each week, my close rate was pathetic–maybe 10%. I’m a good salesman and should have been closing at least 30% if not 50%.
I asked another, older, wiser salesman friend what was wrong. He asked me how I got prospects, how I set appointments and how I pitched them.
I was amazed when he pointed out…
He went through my list of prospects and pointed out that I tended to meet my prospects at social gatherings, most of them were single young women and most often we ended up meeting at a restaurant and that I paid for the meal. He made it very clear…
The need to separate freebie seekers from buyers comes from selling in the offline world–direct selling via a sales person, direct mail and other forms of offline marketing.
If I am about to send out 10,000 pieces of snail mail at $2 each, I want to be sending it to 10,000 prospects, not 9,000 people who are interested in getting a freebie and 1,000 people who have the ability and willingness to spend money with me. After all, it costs $20,000.00 to send the mailers either way–why not send them to prospects?
The same is true when you are a sales person–you want to spend your time with qualified prospects, not people who just want to shoot the breeze (or get a date).
If they have a strong interest in the target market for your freebie, then they are likely to be interested in products you sell for money. The key is to become the person they trust because people buy from people they believe they know and trust.
Do it. It will make you money.
3 Responses
Ben Waugh
August 7th, 2008 at 5:27 pm
1Great post. I will read your posts frequently. Added you to the RSS reader.
charles
August 11th, 2008 at 7:29 am
2“Build Trust through Words” - yes this quoted sentence is definitely one of the greatest things bloggers should learn. A trustful site like this should earn trust from its readers like me. At first glance of your site, i said: “Terrific”. Keep it up […]
Charles
http://www.resourcesandmoney.blogspot.com
Normal Joe
August 11th, 2008 at 8:48 am
3It makes sense but it’s very easy to miss this. And what you said about everyone being a freebie seeker really opened my eyes a bit when you told me that.
The main objective then, would be to establish yourself as someone they can trust.
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