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    How To Profit From Your Hobby In Three Easy Steps
    If this doesn’t get you excited, nothing will…you’re about to discover a proven system for following your dream and turning something you love into a profitable business.If you’ve ever asked your self any of these questions –· What would I really enjoy doing for the rest of my life?· Where is my ideal retirement paradise? How can I live there and do what I want to do too?· Do I want to work alone or with a partner? If with a partner, who?Then this 3 step system will show you how…Step #1 – Find a need, then fill itIf you love doing something special, if you would do it every day if you could, and if you could spend the rest of your life enjoying this one thing if you didn’t have a care in the world…you can bet there are probably thousands of other people feeling just the same way about it right at this very moment.Every person who wants the same thing as you do has a need they need filled in order for them to pursue their dream.One way you can discover what other people need and want is to look at what annoys you about your current hobby or pastime.· Are materials difficult or impossible to find locally?· Are parts and accessories very expensive and inferior quality?· Are suppliers lax in their delivery times or keep you waiting for hours when you call them or send an enquiry by email?· Is quality information like How-to courses, instruction manuals and tutorials difficult to find?All of these problems create opportunities for you to build a business around your hobby and fill the needs of others. If you have the problem, you can rest assured that you aren’t the only one…Find a need related to your favorite hobby…and fill itStep #2 – Create the solution to the problemOnce you have found a need, your job is to find the s
    n the order. “Mike, we need to get this contract done today, so we can have inventory in time for the catalog mailing”!

    Limit Risk for the Buyer!

    Buying requires action. Let’s face it, it is far easier to be inactive, stick with what you have and know, than to bring in a new product. The new item requires a lot of logistic work: creating a new vendor file, issuing a new purchase order, assigning a new warehouse area, a new in-store shelf alignment, discontinuing the product you will replace, etc. In addition, there is a history with the old item, and there is no certainty your new product will perform better, or even as well. This represents risk.

    It is crucial that you leave the prospective buyer feeling that there is minimal risk involved in purchasing from you, and there is a significant potential upside. Your features, benefits and novel improvements need to be detailed in an open, transparent and comprehensive presentation that leaves no doubt that you offer a real advance over competition. No flim-flam, just the facts ma’am.

    Friendship Makes Sales!

    When I make a cold call I have two goals: make a friend, and make a sale. We all have experienced meeting a stranger in a social situation, bumping into them later, chatting and commencing the process of building a relationship that results in creating a friend. When you make a call, whether the first or tenth meeting, your goal should be a sincere offer of yourself as a friend to the buyer. A buyer, as a friend that evolves from a commercial stranger, knowing that you are playing in a local tennis tournament next weekend, is always more likely to purchase from you than if they know nothing about you other than what they see in a meeting. Friends ask questions that reflect their real interest in another’s needs, desires and motivations. Friends are good listeners. Make each contact an opportunity to prove that you are interested in the buyer’s wellbeing, as well as their business.

    Testimonials Are the Mo

    Are You In Or Are You Out?
    One of the most important points I learned, when building my first business as a Health and Energy Coach, was I needed to make myself stand out and FAST. At least this is what I realized for myself, but I then soon came to understand this is the case for all solo-entrepreneurs. We are our business and there are A LOT of us. Standing out is EVERYTHING. If you try to fit in, you’ll blend in. (This isn’t good when it comes to connecting with clients and building an EnergyRICH™ business, by the way.)The question then becomes, ‘How can we each stand out when we’re all trying to do the same thing?’ The answer is easy; the action is what’s challenging to most. The answer is—nobody else can be you! The challenge is—most of us are afraid to be who we are in our business. We are caught in what Dan Kennedy refers to as “marketing incest,” a.k.a doing what everyone else is already doing. I recently had a prospect say to me, “but aren’t all the good marketing ideas taken?” to which I responded, “Is there anyone else out there that’s you?” The only thing you’ll get by imitating what’s out there is lost in the shuffle. To stand out you’ve got to be willing to be bold.One thing you can do is always look for ways to improve incrementally. Ask yourself, “How can I make my service better? How can I connect with more people? How can I grow?” These are very different questions then, “How can I get by? What can I do to stay in business? What will happen if I fail?” If you are always looking for ways to improve, your customers, and clients see and feel this. Your energy is on the horizon and they will follow you there.So, what does one do to actually stand out? Think OUT of the box:That can be a dentist that offers chair massage while you wait. (Or manicures! Personally, I would love that.)It can
    Let’s consider the example of an entrepreneurial inventor attempting to market his newest creation: a portable hydrostatic body fat test appliance. Design is complete, testing is finished and results exceeded initial assumptions, several working prototypes have been built, UL Approval is in hand, patents filed and a business plan has been customized. The wellness aspects of the unit make it timely and potentially very lucrative if handled properly.

    Most entrepreneurs would consider the status of the above-described project to be advanced and well positioned. Only one problem, a very big problem: the inventor is a brilliant engineer and conceptualist, but is phobic about standing up and presenting himself, his product and his profit opportunity. As a result, he will struggle to find investment capital, a license deal or a strategic alliance. To successfully commercialize this new wellness appliance, and any other new product opportunity, the inventor must be able to sell all aspects of the features, benefits and income generation to be derived from the novel device.

    The example cited here is true. It is one of the saddest spectacles we see in the consulting world when poor basic sales skills stand between a great opportunity and success. The creator has identified a need. He has addressed the need. In the run up to presenting the product he has taken every correct step in the development process. Now, finally at the cusp of success, the inability to sell the idea is a major roadblock.

    This is silly. The most important task confronting any new business or product opportunity is the ability to sell the project. The only affirmation to a products value occurs when the item is sold, and for how much. The inability to sell confirms in the eyes of buyers and investors that there is a lack of need, commitment, confidence, and passion for the product.

    Selling is simply asking a person for a preferred outcome and obtaining their agreement to buy. The seller conveys a product (or service, technology, patent, trade secret, etc.) and receives consideration (money, goods, property, etc.) from the buyer. Each side in a sales transaction should receive a fair perceived value.

    For many people the fear of finding themselves in a sales presentation or meeting format is truly enervating. They love their project and know it cold. However, they cannot overcome a dread of failure, rejection. They take failure personally. I have seen capable people break out in sweat, nervousness, become confused and flighty before a sales presentation that could dramatically change and improve their life. This real effect of the dread of selling themselves, and their opportunity, can be overcome and must be if entrepreneurial success is to be achieved.

    Short the option of hiring professional sales talent, or sales consultants, an entrepreneur will always need to be the sales face of his product and business. He has so much to gain and so little to lose. Gaining a customer from a confident, successful sales presentation is crucial to a new enterprise. Losing a sale because of a stumbling performance can be crushing (and a lost sale is gone for good).

    Here are a few points that an inexperienced entrepreneur, with limited sales skills can utilize to improve in this essential area.

    Prepare, Prepare, Then Prepare Some More!

    Before any sales presentation you must do everything possible to learn about the prospect, their industry, needs, competition, current pricing models, promotions and industry trends. The more knowledge you have, the more confident you will be that you have answers for probable questions and objections. This preparation can go a long way to assuaging fear of the selling process. Confidence results in a conveyance of strength, and strength is always admirable in selling.

    Seek Out a Mentor!

    Somewhere in your life’s experience, you have made contact with a person with experience in business at some level. Family, friend, a neighbor, a cousins brother-in-law, they are out there and closer than you think. Ask for help. I mentor at a university and consider it one of the most fulfilling parts of my busy schedule. I get back a lot more than I give, and I give a lot. Mentoring is rewarding. Contact small business incubators, SCORE and local university business schools for information on available mentor programs.

    Practice, Practice, Practice!

    Have you ever played a sport? The first time you swing at a golf ball I will bet that you did not hit a 300-yard linear rocket. You practiced. The more you practice the better you become at hitting a golf ball. Don’t read theoretical books on developing the golf swing, or watch training tapes. You learn, really learn, by doing something repetitively and critiquing performance results.

    It is no different in achieving sales success. The more you put yourself and your product in the sales arena the more comfortable you will become. With comfort, comes confidence. Confidence is contagious and with more faith in your abilities sales will begin to happen and then cascade.

    Give Value First-and Then Close!

    Actually asking for the purchase-order, or an investment (the closing), is the greatest persistent hurdle many struggling sales people can not overcome. They either can’t ask for a preferred, needed outcome, or cannot properly time the attempt. Timing in sales is crucial. The buyer has many options for consideration. Why is your offering of better value, performance, durability and novelty? Confirming the value of your product for the buyer is the foundation of the sale.

    Too many sales people attempt to close too quickly because they mistakenly believe that they have fully detailed the benefits of their product. Only the buyer can confirm that the product benefits have been fully explained. The best way to confirm that no stone has been left unturned is to ask questions, and then listen carefully to the answers.

    With the value proposition of the product on offer fully described, and an understanding of how the item will be of value to the buyer, you are now in position to ask closing questions.

    Learn to Use Assumptive Closing Questions and Statements!

    Never ask a question you do not know the answer too! There should be only one answer, not open to variables. For instance, never ask a decision-maker (you are selling a weight loss product), “Why should any kid be fat today”? What is wrong here? Possibly the buyer has an overweight child. Possibly the child has a medical condition. You do not know with absolute certainty that you have not touched a raw nerve. Theoretically kids probably should not be fat but they are, and for many reasons.

    Instead, ask assumptive closing questions sprinkled throughout the meeting. “You can certainly recognize the labor saving feature we have engineered into in the new Type 54 Platform Loader, can’t you Tom”?

    “You can see that the option to utilize the multi-purpose blending/grinder blade on the new rotor is a real labor saver and advance on the old Expedient model”.

    “The new unit will save 4.2% in energy and maintenance expense over our past models, and anything else currently on the market. Won’t that look nice on your departments bottom line”?

    You want to plant seeds that the choice has already been made based on the value proposition you have detailed for the decider. If you receive doubts, objections or negative comments, you have not constructed the value confirmation properly.

    Tell to Sell!

    For many inexperienced sales people, the following will be difficult, but it is the best sales training point I ever received: “people do not like to make decisions, so you make decisions for them”. Telling is selling, while asking is buying. The opportunity to control the presentation, ask qualifying questions, set up a successful close and then receive the positive commitment you seek (and need, and deserve) is greatly enhanced if you can subtly direct the buyer to sign the order. “Mike, we need to get this contract done today, so we can have inventory in time for the catalog mailing”!

    Limit Risk for the Buyer!

    Buying requires action. Let’s face it, it is far easier to be inactive, stick with what you have and know, than to bring in a new product. The new item requires a lot of logistic work: creating a new vendor file, issuing a new purchase order, assigning a new warehouse area, a new in-store shelf alignment, discontinuing the product you will replace, etc. In addition, there is a history with the old item, and there is no certainty your new product will perform better, or even as well. This represents risk.

    It is crucial that you leave the prospective buyer feeling that there is minimal risk involved in purchasing from you, and there is a significant potential upside. Your features, benefits and novel improvements need to be detailed in an open, transparent and comprehensive presentation that leaves no doubt that you offer a real advance over competition. No flim-flam, just the facts ma’am.

    Friendship Makes Sales!

    When I make a cold call I have two goals: make a friend, and make a sale. We all have experienced meeting a stranger in a social situation, bumping into them later, chatting and commencing the process of building a relationship that results in creating a friend. When you make a call, whether the first or tenth meeting, your goal should be a sincere offer of yourself as a friend to the buyer. A buyer, as a friend that evolves from a commercial stranger, knowing that you are playing in a local tennis tournament next weekend, is always more likely to purchase from you than if they know nothing about you other than what they see in a meeting. Friends ask questions that reflect their real interest in another’s needs, desires and motivations. Friends are good listeners. Make each contact an opportunity to prove that you are interested in the buyer’s wellbeing, as well as their business.

    Testimonials Are the Mos

    To Brand Or Not To Brand? That Is The Question
    The brands are coming! Their arrival has been evident in our supermarkets and on the main streets of our towns and cities for some time now. It started as a trickle, led by the makers and the retailers of consumer goods, but it has more recently become a fast moving torrent that races headlong through almost every business and walk of life. In certain respects, it has come later to the hospitality world than to many others but now that it has arrived it is clearly planning to stay.Make for the high ground! For many in the industry, it is something to be viewed uneasily as it threatens to burst its banks and overwhelm everything that stands in its way. Others are out constructing canals and reservoirs. For us, branding offers something new and exciting; a fresh flow of ideas that will bring renewed direction and vigour to our business.So, to brand or not to brand? This is just one of the questions facing Irish business owners in 2003 as we regard the landscape and consider our choices.Any unease that we may feel in the matter is readily understood. The B-word has been bandied about a great deal during the last few years and has been blamed (most famously in Naomi Klein’s recent book No Logo) for some of the worst excesses of globalisation. It is often presented as invasive, almost colonial, in its intent, something that we are particularly sensitive to on this island. (Ironically perhaps, two of the more prolific brands sweeping hospitality in the UK – Jury’s Inns and O’Brien’s Sandwich Bars - are Irish).Branding too is often associated with a cookie cutter approach to business and thanks to the efforts of brands such as the global burger chains it can seem to offer only faceless uniformity and hopeless mechanical repetition (albeit whilst helping to deliver huge profits).Sm
    (or service, technology, patent, trade secret, etc.) and receives consideration (money, goods, property, etc.) from the buyer. Each side in a sales transaction should receive a fair perceived value.

    For many people the fear of finding themselves in a sales presentation or meeting format is truly enervating. They love their project and know it cold. However, they cannot overcome a dread of failure, rejection. They take failure personally. I have seen capable people break out in sweat, nervousness, become confused and flighty before a sales presentation that could dramatically change and improve their life. This real effect of the dread of selling themselves, and their opportunity, can be overcome and must be if entrepreneurial success is to be achieved.

    Short the option of hiring professional sales talent, or sales consultants, an entrepreneur will always need to be the sales face of his product and business. He has so much to gain and so little to lose. Gaining a customer from a confident, successful sales presentation is crucial to a new enterprise. Losing a sale because of a stumbling performance can be crushing (and a lost sale is gone for good).

    Here are a few points that an inexperienced entrepreneur, with limited sales skills can utilize to improve in this essential area.

    Prepare, Prepare, Then Prepare Some More!

    Before any sales presentation you must do everything possible to learn about the prospect, their industry, needs, competition, current pricing models, promotions and industry trends. The more knowledge you have, the more confident you will be that you have answers for probable questions and objections. This preparation can go a long way to assuaging fear of the selling process. Confidence results in a conveyance of strength, and strength is always admirable in selling.

    Seek Out a Mentor!

    Somewhere in your life’s experience, you have made contact with a person with experience in business at some level. Family, friend, a neighbor, a cousins brother-in-law, they are out there and closer than you think. Ask for help. I mentor at a university and consider it one of the most fulfilling parts of my busy schedule. I get back a lot more than I give, and I give a lot. Mentoring is rewarding. Contact small business incubators, SCORE and local university business schools for information on available mentor programs.

    Practice, Practice, Practice!

    Have you ever played a sport? The first time you swing at a golf ball I will bet that you did not hit a 300-yard linear rocket. You practiced. The more you practice the better you become at hitting a golf ball. Don’t read theoretical books on developing the golf swing, or watch training tapes. You learn, really learn, by doing something repetitively and critiquing performance results.

    It is no different in achieving sales success. The more you put yourself and your product in the sales arena the more comfortable you will become. With comfort, comes confidence. Confidence is contagious and with more faith in your abilities sales will begin to happen and then cascade.

    Give Value First-and Then Close!

    Actually asking for the purchase-order, or an investment (the closing), is the greatest persistent hurdle many struggling sales people can not overcome. They either can’t ask for a preferred, needed outcome, or cannot properly time the attempt. Timing in sales is crucial. The buyer has many options for consideration. Why is your offering of better value, performance, durability and novelty? Confirming the value of your product for the buyer is the foundation of the sale.

    Too many sales people attempt to close too quickly because they mistakenly believe that they have fully detailed the benefits of their product. Only the buyer can confirm that the product benefits have been fully explained. The best way to confirm that no stone has been left unturned is to ask questions, and then listen carefully to the answers.

    With the value proposition of the product on offer fully described, and an understanding of how the item will be of value to the buyer, you are now in position to ask closing questions.

    Learn to Use Assumptive Closing Questions and Statements!

    Never ask a question you do not know the answer too! There should be only one answer, not open to variables. For instance, never ask a decision-maker (you are selling a weight loss product), “Why should any kid be fat today”? What is wrong here? Possibly the buyer has an overweight child. Possibly the child has a medical condition. You do not know with absolute certainty that you have not touched a raw nerve. Theoretically kids probably should not be fat but they are, and for many reasons.

    Instead, ask assumptive closing questions sprinkled throughout the meeting. “You can certainly recognize the labor saving feature we have engineered into in the new Type 54 Platform Loader, can’t you Tom”?

    “You can see that the option to utilize the multi-purpose blending/grinder blade on the new rotor is a real labor saver and advance on the old Expedient model”.

    “The new unit will save 4.2% in energy and maintenance expense over our past models, and anything else currently on the market. Won’t that look nice on your departments bottom line”?

    You want to plant seeds that the choice has already been made based on the value proposition you have detailed for the decider. If you receive doubts, objections or negative comments, you have not constructed the value confirmation properly.

    Tell to Sell!

    For many inexperienced sales people, the following will be difficult, but it is the best sales training point I ever received: “people do not like to make decisions, so you make decisions for them”. Telling is selling, while asking is buying. The opportunity to control the presentation, ask qualifying questions, set up a successful close and then receive the positive commitment you seek (and need, and deserve) is greatly enhanced if you can subtly direct the buyer to sign the order. “Mike, we need to get this contract done today, so we can have inventory in time for the catalog mailing”!

    Limit Risk for the Buyer!

    Buying requires action. Let’s face it, it is far easier to be inactive, stick with what you have and know, than to bring in a new product. The new item requires a lot of logistic work: creating a new vendor file, issuing a new purchase order, assigning a new warehouse area, a new in-store shelf alignment, discontinuing the product you will replace, etc. In addition, there is a history with the old item, and there is no certainty your new product will perform better, or even as well. This represents risk.

    It is crucial that you leave the prospective buyer feeling that there is minimal risk involved in purchasing from you, and there is a significant potential upside. Your features, benefits and novel improvements need to be detailed in an open, transparent and comprehensive presentation that leaves no doubt that you offer a real advance over competition. No flim-flam, just the facts ma’am.

    Friendship Makes Sales!

    When I make a cold call I have two goals: make a friend, and make a sale. We all have experienced meeting a stranger in a social situation, bumping into them later, chatting and commencing the process of building a relationship that results in creating a friend. When you make a call, whether the first or tenth meeting, your goal should be a sincere offer of yourself as a friend to the buyer. A buyer, as a friend that evolves from a commercial stranger, knowing that you are playing in a local tennis tournament next weekend, is always more likely to purchase from you than if they know nothing about you other than what they see in a meeting. Friends ask questions that reflect their real interest in another’s needs, desires and motivations. Friends are good listeners. Make each contact an opportunity to prove that you are interested in the buyer’s wellbeing, as well as their business.

    Testimonials Are the Mo

    How to Print Catalogs Without Getting Into Any Trouble
    There are many companies who sell products through catalogs. Catalogs are being used by so many marketers in the present-day society. In fact mail order catalogs are proven to fuel sales especially during the holiday season.The catalog is where you can have a clear view of the products sold by a company. When you buy from a catalog, you can enjoy several benefits like you can free services, special discounts, and many more. It’s in the catalogs that customers can have a look at the products or services offered by a certain company.If you want to improve your marketing strategies specifically when it comes to product selling, why not avail yourself of catalogs. Catalogs might be the thing you’ve been waiting for.When you print catalogs, you should consider several things that might affect the outcome of the project. Having a basic know-how on catalog printing is essential so as to avoid high setup costs and delays. Understand the factors that need to be considered to achieve a quality printed catalog. Here are some of them:The Press The catalogs are usually printed using the web press. This press produces rolls and rolls of paper. It is ideal to use when your catalog printing project requires paper formats that are available in web format. If your project deals with catalogs that should be produced in a minimum quantity of as low as 5,000 it will be less expensive when done in a web press.The Size A smaller size of page width can be a great advantage especially if you want to prevent high production costs. The paper is the number one factor that affects the cost of printing. In view of that it is a must to practice cost effective options when it comes to the size of the print catalogs. The ideal size of catalog is 8-3/8’ x 10-7/8” with page count of up to 32.Proper Scheduling Web presses typi
    sins brother-in-law, they are out there and closer than you think. Ask for help. I mentor at a university and consider it one of the most fulfilling parts of my busy schedule. I get back a lot more than I give, and I give a lot. Mentoring is rewarding. Contact small business incubators, SCORE and local university business schools for information on available mentor programs.

    Practice, Practice, Practice!

    Have you ever played a sport? The first time you swing at a golf ball I will bet that you did not hit a 300-yard linear rocket. You practiced. The more you practice the better you become at hitting a golf ball. Don’t read theoretical books on developing the golf swing, or watch training tapes. You learn, really learn, by doing something repetitively and critiquing performance results.

    It is no different in achieving sales success. The more you put yourself and your product in the sales arena the more comfortable you will become. With comfort, comes confidence. Confidence is contagious and with more faith in your abilities sales will begin to happen and then cascade.

    Give Value First-and Then Close!

    Actually asking for the purchase-order, or an investment (the closing), is the greatest persistent hurdle many struggling sales people can not overcome. They either can’t ask for a preferred, needed outcome, or cannot properly time the attempt. Timing in sales is crucial. The buyer has many options for consideration. Why is your offering of better value, performance, durability and novelty? Confirming the value of your product for the buyer is the foundation of the sale.

    Too many sales people attempt to close too quickly because they mistakenly believe that they have fully detailed the benefits of their product. Only the buyer can confirm that the product benefits have been fully explained. The best way to confirm that no stone has been left unturned is to ask questions, and then listen carefully to the answers.

    With the value proposition of the product on offer fully described, and an understanding of how the item will be of value to the buyer, you are now in position to ask closing questions.

    Learn to Use Assumptive Closing Questions and Statements!

    Never ask a question you do not know the answer too! There should be only one answer, not open to variables. For instance, never ask a decision-maker (you are selling a weight loss product), “Why should any kid be fat today”? What is wrong here? Possibly the buyer has an overweight child. Possibly the child has a medical condition. You do not know with absolute certainty that you have not touched a raw nerve. Theoretically kids probably should not be fat but they are, and for many reasons.

    Instead, ask assumptive closing questions sprinkled throughout the meeting. “You can certainly recognize the labor saving feature we have engineered into in the new Type 54 Platform Loader, can’t you Tom”?

    “You can see that the option to utilize the multi-purpose blending/grinder blade on the new rotor is a real labor saver and advance on the old Expedient model”.

    “The new unit will save 4.2% in energy and maintenance expense over our past models, and anything else currently on the market. Won’t that look nice on your departments bottom line”?

    You want to plant seeds that the choice has already been made based on the value proposition you have detailed for the decider. If you receive doubts, objections or negative comments, you have not constructed the value confirmation properly.

    Tell to Sell!

    For many inexperienced sales people, the following will be difficult, but it is the best sales training point I ever received: “people do not like to make decisions, so you make decisions for them”. Telling is selling, while asking is buying. The opportunity to control the presentation, ask qualifying questions, set up a successful close and then receive the positive commitment you seek (and need, and deserve) is greatly enhanced if you can subtly direct the buyer to sign the order. “Mike, we need to get this contract done today, so we can have inventory in time for the catalog mailing”!

    Limit Risk for the Buyer!

    Buying requires action. Let’s face it, it is far easier to be inactive, stick with what you have and know, than to bring in a new product. The new item requires a lot of logistic work: creating a new vendor file, issuing a new purchase order, assigning a new warehouse area, a new in-store shelf alignment, discontinuing the product you will replace, etc. In addition, there is a history with the old item, and there is no certainty your new product will perform better, or even as well. This represents risk.

    It is crucial that you leave the prospective buyer feeling that there is minimal risk involved in purchasing from you, and there is a significant potential upside. Your features, benefits and novel improvements need to be detailed in an open, transparent and comprehensive presentation that leaves no doubt that you offer a real advance over competition. No flim-flam, just the facts ma’am.

    Friendship Makes Sales!

    When I make a cold call I have two goals: make a friend, and make a sale. We all have experienced meeting a stranger in a social situation, bumping into them later, chatting and commencing the process of building a relationship that results in creating a friend. When you make a call, whether the first or tenth meeting, your goal should be a sincere offer of yourself as a friend to the buyer. A buyer, as a friend that evolves from a commercial stranger, knowing that you are playing in a local tennis tournament next weekend, is always more likely to purchase from you than if they know nothing about you other than what they see in a meeting. Friends ask questions that reflect their real interest in another’s needs, desires and motivations. Friends are good listeners. Make each contact an opportunity to prove that you are interested in the buyer’s wellbeing, as well as their business.

    Testimonials Are the Mo

    Injection Molding Machines
    The injection molding process was invented in 1872. Since then, the injection molding business and the plastic industry has ballooned into a multi billion dollar business venture. In fact, thirty two percent of plastics by weight are processed through injection molding. Injection molding has greatly helped in making the US economy boom because through it, cheap and durable consumer and industrial items essential to almost all industries is made possible.Components of the injection molding machineThe injection molding machine converts granular or pelleted raw plastic into final molded parts through the use of a melt, inject, pack and cool cycle for thermoplastics.A basic injection molding machine is typically composed of the following: injection system, hydraulic system, mold system, clamping system and control system. The clamping tonnage and shot size are both used in identifying the dimensions of the injection molding machine for thermoplastics, which is the main factor in the whole process. Other consideration include rate of injection, pressure, design of screw, thickness of the mold and distance between tie bars.Functions of the machineThe injection molding machine can be classified into three categories, namely: general purpose machines, precision/tight-tolerance machines and high-speed thin-wall machines. All three types require auxiliary equipment to function. These support equipment includes dryers (resin), material handling equipment, granulators, mold temperature controllers and chillers, part-handling equipment and part-removal robots.There are a lot of companies specializing in quality injection molding, but they are not all the same. The best ones fast, flexible and customer driven both for large and small quantities. These companies usually have state-of-the-art facility with f
    n offer fully described, and an understanding of how the item will be of value to the buyer, you are now in position to ask closing questions.

    Learn to Use Assumptive Closing Questions and Statements!

    Never ask a question you do not know the answer too! There should be only one answer, not open to variables. For instance, never ask a decision-maker (you are selling a weight loss product), “Why should any kid be fat today”? What is wrong here? Possibly the buyer has an overweight child. Possibly the child has a medical condition. You do not know with absolute certainty that you have not touched a raw nerve. Theoretically kids probably should not be fat but they are, and for many reasons.

    Instead, ask assumptive closing questions sprinkled throughout the meeting. “You can certainly recognize the labor saving feature we have engineered into in the new Type 54 Platform Loader, can’t you Tom”?

    “You can see that the option to utilize the multi-purpose blending/grinder blade on the new rotor is a real labor saver and advance on the old Expedient model”.

    “The new unit will save 4.2% in energy and maintenance expense over our past models, and anything else currently on the market. Won’t that look nice on your departments bottom line”?

    You want to plant seeds that the choice has already been made based on the value proposition you have detailed for the decider. If you receive doubts, objections or negative comments, you have not constructed the value confirmation properly.

    Tell to Sell!

    For many inexperienced sales people, the following will be difficult, but it is the best sales training point I ever received: “people do not like to make decisions, so you make decisions for them”. Telling is selling, while asking is buying. The opportunity to control the presentation, ask qualifying questions, set up a successful close and then receive the positive commitment you seek (and need, and deserve) is greatly enhanced if you can subtly direct the buyer to sign the order. “Mike, we need to get this contract done today, so we can have inventory in time for the catalog mailing”!

    Limit Risk for the Buyer!

    Buying requires action. Let’s face it, it is far easier to be inactive, stick with what you have and know, than to bring in a new product. The new item requires a lot of logistic work: creating a new vendor file, issuing a new purchase order, assigning a new warehouse area, a new in-store shelf alignment, discontinuing the product you will replace, etc. In addition, there is a history with the old item, and there is no certainty your new product will perform better, or even as well. This represents risk.

    It is crucial that you leave the prospective buyer feeling that there is minimal risk involved in purchasing from you, and there is a significant potential upside. Your features, benefits and novel improvements need to be detailed in an open, transparent and comprehensive presentation that leaves no doubt that you offer a real advance over competition. No flim-flam, just the facts ma’am.

    Friendship Makes Sales!

    When I make a cold call I have two goals: make a friend, and make a sale. We all have experienced meeting a stranger in a social situation, bumping into them later, chatting and commencing the process of building a relationship that results in creating a friend. When you make a call, whether the first or tenth meeting, your goal should be a sincere offer of yourself as a friend to the buyer. A buyer, as a friend that evolves from a commercial stranger, knowing that you are playing in a local tennis tournament next weekend, is always more likely to purchase from you than if they know nothing about you other than what they see in a meeting. Friends ask questions that reflect their real interest in another’s needs, desires and motivations. Friends are good listeners. Make each contact an opportunity to prove that you are interested in the buyer’s wellbeing, as well as their business.

    Testimonials Are the Mo

    Is Your Vision for Your Business Built on Bedrock or Sand?
    Have you ever wondered why some business owners seem so calm and steady, while others are in a constant state of worry and panic?Surprisingly, the difference between these two scenarios has nothing to do with the operation of the business-it is the vision of the owner.Your vision for your business provides the foundation for its success, or failure.Without a strong vision, your business will be buffeted by the winds and storms of life, and end up either precariously perched, or crashing down.So, how can vision have such a profound effect on the success or failure of a business?And what is a vision, anyway?Working with small business owners over the last ten years, I have watched numerous businesses crash like the proverbial house built on sand.A small percentage of these businesses have grown into successful, thriving enterprises.Why?What is the secret to a successful business?The successful business owners I have worked with over the years had widely different backgrounds, education, and temperaments.In fact, they did not, as a group, seem any different than the much larger group of struggling business owners.But over time, I began to spot the one difference that was the key to their success.They had a vision for their business, and everything they did was in line with that vision.For some, it was simple. "What do you do?" I would ask."I sell metal." or "I just grow trees." they would answer.Many times, their vision was encapsulated in just a few words.But their vision did not falter, and their strong sense of who and what they were seeped into every aspect of their business.Struggling business owners, on the other hand, always seem to lack a strong sense of purpose.In fact, they would often complain ov
    n the order. “Mike, we need to get this contract done today, so we can have inventory in time for the catalog mailing”!

    Limit Risk for the Buyer!

    Buying requires action. Let’s face it, it is far easier to be inactive, stick with what you have and know, than to bring in a new product. The new item requires a lot of logistic work: creating a new vendor file, issuing a new purchase order, assigning a new warehouse area, a new in-store shelf alignment, discontinuing the product you will replace, etc. In addition, there is a history with the old item, and there is no certainty your new product will perform better, or even as well. This represents risk.

    It is crucial that you leave the prospective buyer feeling that there is minimal risk involved in purchasing from you, and there is a significant potential upside. Your features, benefits and novel improvements need to be detailed in an open, transparent and comprehensive presentation that leaves no doubt that you offer a real advance over competition. No flim-flam, just the facts ma’am.

    Friendship Makes Sales!

    When I make a cold call I have two goals: make a friend, and make a sale. We all have experienced meeting a stranger in a social situation, bumping into them later, chatting and commencing the process of building a relationship that results in creating a friend. When you make a call, whether the first or tenth meeting, your goal should be a sincere offer of yourself as a friend to the buyer. A buyer, as a friend that evolves from a commercial stranger, knowing that you are playing in a local tennis tournament next weekend, is always more likely to purchase from you than if they know nothing about you other than what they see in a meeting. Friends ask questions that reflect their real interest in another’s needs, desires and motivations. Friends are good listeners. Make each contact an opportunity to prove that you are interested in the buyer’s wellbeing, as well as their business.

    Testimonials Are the Most Important Tool for New Entrepreneurs!

    A testimonial is a quote for attribution that supports the feature and benefit claims related to a business or product. The acquisition of a file of testimonials is invaluable in cementing that current users of a product are strong voices for the utility of the item. I never take a prototype or product to a presentation until I have a handful of quotes from focus groups, customers that have seen the product demonstrated or product buyers. This is more valuable than any advertising.

    I have every buyer physically touch and handle the testimonial file and encourage them to contact the people that have offered the positive comments. In 35 years of selling, I have only had one buyer actually reach out and make the contact (the call resulted in a glowing review). The mere fact that they have in their hands an inventory of happy product users is a powerful closing tool.

    My Price is Fair and Firm!

    Price is the Achilles Heel for 95% of all sales people, and 100% of the unsuccessful sales people. Do not sell price. Somebody will always sell cheaper.

    20 years ago the Japanese were the low cost producers of our imports. The Korean’s then replaced the Japanese as the low cost producer in the Orient. Today the Malaysians, Indonesians and Central America all provide lower prices than Korea. The next wave of nano-priced labor will be from Vietnam, Laos and Cambodia. Somebody will always be ready, willing and able to produce for less.

    Sell the quality and benefits of your product. “My price is firm and fair, this product lasts twice as long as my competitors, and this makes the price differential negligible”. Be proud to detail the reasons your product is priced as it is.

    Negative Selling is Not Negative!

    Every product has a negative in one area or another. These negatives are the sales points that competitors hang their hat on when seeking advantage. Negative selling is not an attack on the competition. Negative selling is when you are up-front about a perceived deficiency in your product and turn that feature into a positive.

    Mercedes Benz automobiles are expensive (relative to Lexus, a direct competitor), costly to maintain, and fuel. Mercedes knows this. They have perfected a negative selling technique to turn these perceived flaws into strengths. Mercedes position is that safety and superior performance requires advanced engineering, strength in materials and thus, added weight (resulting in heavy fuel consumption) but this is overcome by a real safety advantage. “Would you want to put your family at risk in anything less than the best engineered car on the road”?

    In one of my early ventures I had a direct competitor. His product was 100% natural. My product was synthetic. There is a real belief in many people that natural is always better. It is not. There are reasons that we live longer, better, healthier, more active lives than prior generations and yet consume copious amounts of products artificially enhanced with chemicals, preservatives and supplements. Nevertheless, his tout that his all-natural product was superior to mine had resonance with retailers and consumers.

    Here is how I developed a negative sales strategy to overcome the synthetic vs. all-natural argument. “ Brand X is an excellent product. It is 100% natural. I looked at making a totally natural product for my Company. I decided, after a great deal of research and clinical testing, to make my product using a blend of herbs, vitamins and preservatives. The preservatives are absolutely essential in stabilizing the product, extending the shelf life of the product and safe usage by your customers. I would never compromise safety in order to obtain an edge.”

    In this case, the negative selling proposition that I proposed also had the wonderful advantage of being true. My competitor was eventually withdrawn from the market because consumers experienced bacterial infection around the eyes. The FDA ordered the product removal. The preservatives I used (thus making my product synthetic) protected against microorganisms that caused infections.

    I love to sell. All successful entrepreneurs either are, or must become, strong advocates for their opportunity. This advocacy is most fully confirmed by sales success. Nothing happens in any enterprise until somebody sells something. Every other facet of business depends on the crucial trigger mechanism of a buyer deciding to purchase a good or service from a seller.

    Selling is fundamental to all commercial life. It is an elemental form of competition. The drive to try, to achieve, to overcome odds is inherent in all entrepreneurs. Sales success is the utmost confirmation of this desire to test oneself in the marketplace.

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