#SalesStrategy

7 Signs Why Going Hyper Local & Offering Super High-Touch Interactions Are the Ultimate Future-Proof Strategy: The Hidden Business Gold Mine You May Be Overlooking

7 Signs Why Going Hyper Local & Offering Super High-Touch Interactions Are the Ultimate Future-Proof Strategy: The Hidden Business Gold Mine You May Be Overlooking

As a kid growing up in Japan, I used to daydream about what might be out there waiting for me beyond the ocean lines. 

Because I lived in an island nation, my excitement for the unknown and the future was that much more intense. Unlike living in Austria or Bolivia, islanders are truly isolated by oceans. We simply have no concept of “just crossing the border.”  In other words, living abroad is very foreign to us.

I had all sorts of romantic & wild notions about the idea of living abroad & how different and special my life could be.

Fast forwarding 10 years to when I found myself in the US as an exchange student, I realized it wasn’t all that I imagined as a kid. Right then & there, I realized I took so many things for granted when I lived in Japan, especially things my parents had provided for me. 

This was a priceless lesson in my teenage years:  Appreciate everything; do not take things for granted, however small they may be. How ungrateful I must have looked in their eyes, dying & rushing to get out of where I was, all just to be let down by reality later on?  Like a deserter tumbling down the sand dunes, I ran towards a flowing spring of water, only to discover it was a mirage.

Wanting to rely on getting easy leads online is a lot like this story.  Many of us often romanticize what it would be like to get online prospects into our sales funnel semi-automatically by offering free, downloadable cheat sheets, check lists, webinars, video trainings, etc.  Heck, we can even invest a little in paid ads.  How wonderful it would be!

Now your brain will go haywire with all kinds of expectations.

“No more networking.  No more cold calling.  No more selling.  No more RFP’s.  I don’t even need to leave my house.  Better yet, I can sit by the beach with my laptop & WIFI… I’ll hire help remotely.  People will just buy my stuff online… One-to-one is so yesterday.  One-to-many is the future!”

Still Trading Time for Money? Overcome These 5 Key Hurdles and Finally Stop Charging by the Hour

Still Trading Time for Money? Overcome These 5 Key Hurdles and Finally Stop Charging by the Hour

Are you sick of tracking time for your own work? Are you sick of constantly reminding your team to track time with an app like Harvest for pricing purposes?

You probably recognize that tracking time itself is a stand-alone task that eats away valuable work hours. You are also aware that trading time for money isn't a sustainable business model, and you want to stop this vicious cycle.

But... (I know there's always a *but*) you aren't sure how to go about making the change?

I also started out by selling my services on an hourly rate basis. It’s OK. We all need to start from somewhere.  Although it was nerve-wracking in the beginning, I made the switch, even with existing clients, from charging hourly to value-based (a.k.a. expertise-based) pricing. If you are wondering how I did it, wonder no more. 

In this post, I'm going to share the top 5 hurdles that keep you from making the switch to value-based pricing & what actions you can take right now to overcome each hurdle.

If you are a solopreneur reading this, you'll get a ton out of this post.  Guaranteed.  By the end of this post, you will see clear steps towards value-based pricing that will allow you to gradually make the shift. 

But this is not just for solopreneurs.  Many established, full-on service businesses with physical locations and FT employees are still trading time for money by billing based on hourly rates.  In most cases, there are legitimate reasons as to why they continue to do so. 

Even then, I always encourage them to switch to value-based pricing, as the benefit of doing so is immense.  We’ll go over that in detail later.

Here’s the good news.  Unlike 15 or 20 years ago, when there were fewer options to charge for services, we now have plenty of options we can explore.  Thanks to the evolution of internet-based services, especially SaaS/MaaS, it’s much easier for customers to accept new pricing models.

In other words, they are more open-minded.

This allows even traditional service businesses to change their pricing & billing with less resistance. 

No Budget? No Problem: The Magic Blueprint to Overcome "No Budget" Objections with Confidence

No Budget? No Problem: The Magic Blueprint to Overcome "No Budget" Objections with Confidence

This topic popped up when I was leading a strategy session with a video production duo the other day. 

They were feeling puzzled and slightly defeated.  I empathized as I knew these guys have been gun-ho about going after new leads to create more opportunities for their business.

Good news is, this is something you can fix. Here, I'm going to show you how to tackle “no budget” objections.  In a way, THIS IS THE GREATEST INDICATOR that you need to revisit your outreach strategy. You are lucky to face this problem (that you can totally fix.) So, read on.