| Is Fear Of Marketing Strangling Your Business?
Marketing is a waste of time and money if you are not attuned to
the real world. Your clients and prospects are the real world.
Your clients and prospects are constantly being bombarded with
special offers, cut-rate pricing, new products, new services and
risk free offers everyday. So successful marketing can not happen
in a vacuum.
It’s always an education to find out from your clients why they
bought from you and the main benefits they received from dealing
with you. Whenever I ask these questions, I know I am in for a surprise.
Recently I had the opportunity of speaking to graduates of my Rapid
Growth Mentoring Program about why they bought from me. They didn't
fail me and once again the answers surprised me. Bear with me, this
letter is not about my program.
One of the main themes that emerged was that they now felt much
more confident in their ability to market and to build their business
more rapidly. Their fear of marketing had vanished.
Although I know many people fear marketing, I was still surprised
by the answers. It got me thinking; fear of marketing is real, it's
common and it's destructive.
If you fear marketing, you may not realize how much it is hurting
your business, but you probably know the symptoms:
- not asking for referrals
- avoiding prospecting activities such as cold calls
- relying on networking as your sole marketing activity
- not writing articles or speaking
- seeing marketing as an expense and not an investment
- you tried something once and were disappointed
with the results so you won't do it again
Almost everyone I know says "I know I should do more of these things,
but I never seem to get around to it." This is just procrastination.
You know it, and you also know that the longer you put it off, the
worse it becomes.
Whenever I speak to people who have built successful businesses
about how they became successful, I find they have one thing in
common; they spend 70%-80% of their time in marketing activities.
They know there are no profits without sales, no sales without customers,
and no customers without marketing. People who fear marketing typically
spend less than 20% of their time marketing. They are very busy,
but not always with the things that produce results. Without being
too blunt, that's why they get a lesser result.
So how do you overcome a fear of marketing?
In my experience there is only one way. You have to begin slowly
and take a step by step approach and you have to change your beliefs.
You need a process and it's better if you have a guide. You learn
by doing it step-by-step, that it's never as difficult as it appears,
and it's never as bad an experience as you expect.
Let's take referrals as an example. They are the cheapest most
effective form of marketing and their close rate is 500% greater
than leads from any other source.
Most people only ask occasionally and even fewer have a system
for generating referrals.
Most people don't ask for referrals because they think that customers
might be reluctant to give them or that they are imposing or that
they sound like they are begging for business. The truth is that
most customers who are happy with your work are delighted to give
referrals. But you have to begin to learn these new beliefs before
you can move forward.
When you ask someone for a referral, particularly if you have a
well thought out process and have scripted what you will say, you'll
be surprised at how easy it is. This will also help you change your
beliefs. And it's the same for every other aspect of marketing.
You need to work on your beliefs, you need a process, you need to
think it through beforehand and if you have a guide to help you
it's much easier than you can imagine. In fact this is a time tested
approach to learning anything, and it seldom fails.
It's the approach we use in the Rapid Growth Mentoring Program
and it helps people overcome their fears of many aspects of marketing.
In my experience being a fearless marketer is one of the most powerful
tools you can have in building your business. Make a commitment
to yourself today to overcome your fears and build the kind of business
you dream of.
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