Home            Blog
Showing posts with label natural gas act. Show all posts
Showing posts with label natural gas act. Show all posts

Friday, June 13, 2014

Close More Customers

Could a Bit of Broken Glass Help You Close More Customers?

 
Do you already have more customers than you can handle?
I thought so.I haven’t met a business owner yet who was willing to turn away more customers or sales.
So if you wanted to find more qualified leads and customers right now... how would you go about doing it?
Now, most of you have already begun to evaluate which marketing vehicle is going to be best:
  • Should you use social media?
  • What about a letterbox drop or telemarketing?
  • How about another ad in your local newspaper?
    And truth be told, there are a hundred ways that you could get your name or brand out there. But all of these would cost time or money and history has proven that most of the options that you have relied on to date will produce less than a 1-2% conversion rate. That means there are an awful lot of people out there who will see your message and choose not to contact you, even though some of them may legitimately be in the market for your product or service.
    Why is that?
    You know (or least you suspect) that a large percentage of your sales/marketing budget is not effective and simply doing more of what you have always done (or what everyone else in the industry is doing) isn’t going to improve your results significantly. If you want to influence with integrity, attract more customers and increase your sales exponentially, you need to re-think your entire approach and strategy.
    Not now but in a moment, I would like to share with you a little story about how a very clever (and effective) salesman used some broken glass to communicate his point of difference and outsell every salesperson in his company...
    But before I get to that, let me ask you one question - “have you ever come across one of those rare business owners who sells exceptionally well, even during the worst of times?” These super salespeople sell like crazy -- rain or shine -- and they don’t experience slow days, weeks or months. And what's even more impressive - they make it look effortless, don’t they?
    Do you know why? Because it is easy for them – they have mastered the art of influencing with integrity and they don’t have to worry about closing techniques, reframing objections, rapport building or establishing their credibility.

    Let me share with you a quick story that will explain exactly what I mean by influencing with integrity and how it can help you to achieve phenomenal results in your business. In the 1970’s, Corning Glass introduced an innovative product, safety glass, into the North American market.
    A young salesman with little experience joined the company shortly thereafter and began working his way up through the sales department at a feverish pace. In very little time, this young man named Bill, became the top-selling salesman of safety glass in North America. He stunned management with his rapid achievements and became known for refusing to use the standard templates and presentations that most of the other salesmen relied blindly upon. At the national sales convention, he was given an award for his achievements and asked by the president to share his secret to sales. Everyone seated in the room that night waited on the edge of their seats to discover just how this young man, with no prior sales experience, was able to outsell everyone.
    To the president’s invitation, he replied humbly, “of course, it was simple.”

    "First of all,” he confessed “I commissioned some samples of safety glass cut into 6" squares and I purchased a hammer and safety goggles. Rather than boring my audience with small talk, a background summary or building up my credibility, I would simply walk into the room, greet my prospect and open with the question “Would you like to see a piece of glass that doesn't shatter?”
    And I never met a single one that turned me down. In fact, they were all eager to take part in my little experiment and jumped at the chance to pull on the safety goggles, put the glass on the desk and whack it with the hammer. They loved every minute of it and inevitably when they couldn’t break it, they would take the goggles off, sit back in their chairs and exclaim “'Holy smoke, that's incredible!”

    "Then I would simply say,” as Bill paused strategically and drew the adoring crowd in closer for more of his wisdom, “How much of it would you like? And I'd pull out my order pad and start writing up the order."

    Well as you can imagine, Corning Glass was so impressed with this strategy that they equipped all of their salespeople with goggles, hammers and small sample sheets of glass. They sent them out and found that the average closing rate shot up by almost 29%. Now granted, this specific strategy is ideally tailored to work for selling safety glass and it’s not going to work (without some modifications) to get more customers to buy from you.

    But my point (and what you need to take away from this example) is this: The top salesman at Corning never had to "close" the sale, discount his price or resort to Neuro Linguistic Programming (NLP) techniques of matching and mirroring to create rapport. His presentation cured the #1 source of pain for his prospects upfront, so there was no need for him to close, hard sell or waste anyone’s valuable time. The sale was a done deal even before Bill pulled out his order pad.

    Now, let me ask you: How would your life change if you could attract more customers and close them that way everyday -- where leads are drawn to you quickly and closing is just a formality that you no longer need to dread?

    Surprisingly, the dilemma you face right now in attracting more customers has a whole lot more in common with Bill and his story than you might think. You and I say “Yes” to things every single day before we think them through. I want to share with you WHY that is and what compels you to decide and take action. And in the process you will also unlock the secret to transform your message into one your prospects are dying to say “yes” to.
    Understanding Why Customers say “Yes”
    While each of the distinct parts of your brain are constantly communicating with and influencing each other, each performs a very specific role. And as you might suspect, only one of them is responsible for decision making. Neuroscientists have now successfully mapped and measured which areas of the brain light up when stimuli are processed and decisions are made.
    So when your prospect says, “I need to think about it,” we know that the part of the brain that your message is triggering is the new brain. This part of the brain lights up when you are processing words, numbers, colours, making spatial comparisons, or looking for data. In a nutshell, it THINKS and when it does so, it uses up tons of energy—which delays the decision making process.
    Now thinking may not seem like a big deal to you but it is for your brain. Your brain consumes 25% of your body’s total energy. Because of this extraordinary consumption, your brain is hardwired to conserve energy when and where it can. One of the ways it does this is to NOT rely on the thinking part of your brain to make decisions. From a survival perspective, the brain doesn’t like to use more energy than it has to. Therefore, if you can make it easier for your customer’s brain to grasp your message, process it quickly and decide, you are more likely to get a “Yes”.
    If you want to drag out the process of getting to a decision, make sure that he uses his new brain. Give your audience lots of words, numbers, graphs, lists of features and benefits, talk about your competition, and list all of your awards and accreditations—and your customer will NOT decide but he will do a whole lot of thinking and waste time.
    So where do you decide?
    At the top of your spinal cord, there is a collection of neurons—commonly referred to as the old (or reptilian) brain. All bodily functions that take place below the level of consciousness emanate from this part of your brain and it is the part of your brain that lights up when you DECIDE. In fact, it lights up before you have conscious awareness that you have even made a decision because it “sees” things as much as 500 milliseconds faster than the new brain.
    In order to help your prospects use the least amount of brain energy and trigger a quick decision, you must stimulate and appeal to the old brain. This part of the brain is primarily driven by visual cues and primitive instincts. It is 45,000 times older than language and writing and neuroscience has proven that it struggles to process both.
    In order to influence with integrity you need to learn how to trigger the old brain quickly so that when the thinking part of the brain kicks in, your prospect spends time looking for reasons to justify why he has already decided to buy from you – as opposed to reasons why he can’t or needs to think about it.
    In order to do what Bill did naturally and help your prospects to say “Yes” (more quickly) to your product or service, you must first learn to speak the language of the reptilian brain. Without this skill, all of the other strategies and tactics that you have learned in your sales training so far are of no use to you.
    And the best part about this is that you do not need to compromise your integrity or your ethics to improve your results. You don’t need to fall into the trap of feeling that you must hard sell your audience, make your message elaborate, spend more money putting it out there, or use tactics that are designed to trick people into deciding now.
    Here are My Top 7 Secrets to Make This “Broken Glass” Strategy Work for You
1. Quit Using Templates – Stop trying to find prospects with the template newspaper ads, letters, postcards and fridge magnets your competitors are using.People do business with people they like and who are like them.Connect with people and demonstrate you understand their pain and can solve it.
2. Capture attention upfront – In order to stand out and be remembered, you need to open with a question, story, or picture that is relevant to your audience.
3. Stop wasting time on you - Never waste your time telling potential customers about you or your brand. 100% of your message should focus on your prospect and how your solution will cure her pain, keep her safe, or make her life better.
4. A picture is worth 1000 words – Your brain is hardwired to process visual cues and act before you have time to think things through carefully. If you want more customers sales, you need to get rid of words, graphs and statistics and demonstrate how their life will be better with your solution.
5. Simplify your message – The brain can only process and memorize 3 or 4 key points at a time. If your message is more complex than that, it simply will not be remembered.
6. Use stories to communicate your key points – Messages that cause your customers to reconnect with or rediscover strong emotions from their past and associate those with your solution, are 10x more likely to trigger the part of the brain that decides.
7. Crank up the contrast – In order to trigger a decision quickly and increase sales, you must stand out. Your customer needs to feel the difference between your solution, your competitor’s solution, doing it themselves, or doing nothing.
These 7 steps will help you increase the effectiveness of your message and reduce the amount of time and money that you spend chasing more customers and sales.When you make it easier for your prospects to see and grasp your message, they are more likely to decide and will appreciate the fact you have not wasted their time and energy on stuff that is important to you, but not them.

https://www.linkedin.com/today/post/article/20140530211249-2196147-could-a-bit-of-broken-glass-help-you-close-more-customers?trk=mp-details-rr-rmpost

Wednesday, March 6, 2013

Joint Gains in Negotiation


Crafting Joint Gains in Negotiation

 / NEGOTIATION SKILLS
While you might choose many processes for conducting your negotiations, we recommend the following three steps of a mutual-gains approach:
1. Identify and clarify interests. 
  • Some portion of your discussion should be dedicated simply to identifying your and the other side’s interests on the various issues being negotiated. Try recording interests on flip-charts, a whiteboard, or a shared computer for all to see. During this stage, parties should avoid making judgments about what the other side expresses. Instead, focus on asking clarifying questions to ensure that you fully understand each other’s interests.
2. Brainstorm possible value-creating opportunities.
  • Once you’ve made a complete list of interests, it’s time to brainstorm various options based on these interests. Ground rules are essential for brainstorming to be fruitful. For example, to boost creativity and minimize self-censorship, parties should agree to record all ideas without criticism or evaluation.
3. Evaluate options

Tuesday, March 5, 2013

CRS finds US production grew outside federally controlled areas


CRS finds US production grew outside federally controlled areas

03/05/2013
3
Facebook
3
Twitter
0
LinkedIn
6
Share
While US oil and gas production has climbed to its highest level in 2 decades, all of the growth since 2007 has occurred outside federally controlled areas where production actually declined, a recent report from the nonpartisan Congressional Research Service found.
“Private sector investment and new technologies are driving increases in oil and gas production,” said US Rep. Ed Whitfield (R-Ky.), chairman of the House Energy and Commerce Committee’s Energy and Power Subcommittee, which released the Feb. 28 CRS analysis on Mar. 5.
“Where the states have been in charge, we have seen energy development boom in a safe and responsible way, but under federal control we have seen a sharp decline in production,” he declared. “A web of red tape and a backlog of delayed permits are blocking important energy production opportunities on federal lands.”
All of the fiscal 2007-12 US crude oil production increase took place outside nonfederal areas onshore and offshore, and the federal share of total domestic crude output fell by about seven percentage points during that period, the report said.
US gas production has grown by 4 tcf/year since 2007 as output grew by 40% on state and private land and fell by about 33% on federal onshore and offshore areas, it added.
Congress may consider two different proposals to increase oil and gas production from federally issued leases, according to the report’s executive summary.
Nonproduction fee
It noted that some members have proposed a $4/acre annual fee on nonproducing tracts which they believe are not being developed in a timely fashion. US Sec. of the Interior Ken Salazar imposed higher federal offshore lease rents in 2009 to discourage holding unused leases and to move more tracts into production if possible, it said.
Other members of Congress may propose legislation to streamline federal oil and gas drilling permit application processing, the report continued. It said that a review mandated by the 2005 Energy Policy Act found the average time it took producers and the US Bureau of Land Management to process a federal drilling permit application climbed from 218 days in fiscal 2006 to 307 days in 2011.
“The difference, however, is that in 2006 it took BLM an average of 127 days to process an [application], while in 2011 it took BLM 71 days,” CRS said in its report. “In 2006, the industry took an average of 91 days to complete [a drilling permit application], but in 2011, [it] took 236 days. BLM stated, in its fiscal 2012 and 2013 budget justifications, that overall processing times per [application] have increased because of the complexity of the process.”
“As [gasoline] prices continue to rise past $4/gal, American families are looking to Washington for solutions to help provide relief at the pump,” Whitfield said. “Expanding oil production on federal lands offers a real opportunity to help increase domestic supplies and stabilize prices as well as boost federal revenues.”
Contact Nick Snow at nicks@pennwell.com.