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ARTICLES
Subtle Factors that Dramatically Impact the Value of a Business
 
Ten Great Ways To Keep Your Sales Soaring
 
Lack of Business isn''t always the problem
 
Turning Samples into Sales
 
Is Tradeshow worth the money?
 
Start Your Marketing Right
 
Ten Tips for Interviewers
 
Are You Looking to Find Better Candidates to Hire?
 
Ten Reasons People Don't Visit Your Web-site
 
Ten Ways To Improve Your Ad Copy
 
Ten Cool Ways To Cut Costs
 
3 STEPS YOU CAN USE DEVELOPING LEADERS IN YOUR INDUSTRY
 
LIVING LIFE IN A TIME STARVED WORLD
 
Finding Balance In A Tilted World
 
How To Make More Money
 
The Biggest Crime In Small Business
 
Franchise Opportunities USA: A Great Way to Start a New Career
 
Is a Business for Sale a Golden Opportunity for You?
 
The Most Profitable Small Businesses: Tips for Starting Your New Business and Making a Profit
 
Preparing a Privately Held Business for Sale
 
Franchise Opportunities are a Great Starter Business
 
Business Franchises for Sale: Tips for Locating the Best Opportunity for You
 
Business Franchises for Sale: Can You Handle Multiple Franchises?
 
Some Key Points To Consider Before Starting a Franchise
 
Why Buy an Existing Business?
 
How to Buy a Business
 
Starting vs. Buying a Business
 
The Importance of Business Brokers in the UK
 
Tips on Choosing Business Brokers in the UK
 
Looking at Businesses for Sale in the USA
 
Preparing to Purchase Businesses for Sale in the USA
 
Buying Your Own Business: Important Issues to Understand
 
What a Business Broker Does?
 
Want to Buy a Franchise?
 
Do I need to have any experience in the area or industry of the franchise that I am interested in
 
Consider Franchise Opportunities in the USA
 
Is a Franchise Opportunity Right for You?
 
Business for Sale: Four Things You Need to Know Before Jumping In
 
Buy and Sell Small Businesses for Sale
 
Four Tips for Choosing a Business for Sale
 
Franchises – Things to Consider
 
Choosing the Best Franchise for You
 
Finding the Most Profitable Small Business
 
Buy a Franchise or Create Your Own Start-Up
 
Buy a Great Franchise Opportunity
 
More Tips On Working Effectively With Business Brokers When Buying A Business
 
Q and A: Why Should I Use a Business Broker?
 
Most Profitable Home Business Ideas
 
Why Do Franchisees Buy Franchises
 
Finding a Business Location
 
Franchise Success – First Know Yourself!
 
How to Find Low Cost Franchise Opportunities
 
5 Mistakes to Avoid When Selling Your Small Business
 
 
 
 
 
 
 
 
Turning Samples into Sales
 
CJ Hayden, MCC
 
Offering free samples increases the Know-Like-and-Trust Factor that makes people buy. When you are selling a service, or a product with a high service component, potential customers have no way to see, feel, or taste what you will actually deliver. Providing a sample makes your service offering tangible, and builds your customer's trust.

But if you're not careful, you can give away too much. Why should customers pay for what they can get for free? And if you give those freebies to unqualified buyers, you may find yourself spending too much time and money on prospects who will never become paying customers.

The answer lies in crafting a get-acquainted offer that gives customers a taste without giving away the store. Here are some guidelines for maintaining that balance:

1. Pre-qualify your prospects. Unless you have a lot of time on your hands, it's not a good idea to make a standing offer of a free consultation or sample session to all comers. You may attract far too many 'looky-loos.' That's what realtors call people who attend open houses every weekend with no intent to buy.

Until you know more about who you are talking to, phrase your offer as, 'Find out if you qualify for a free consultation' or 'Take this quiz -- you may win a sample session.' Once you are in contact with a prospective client, ask two or three questions about the client's situation before making your free offer. Queries like, 'How soon are you planning to make this change?' or 'Do you have a budget in mind?' will let you know how much of your time this prospect is worth.

2. Make an offer that leverages your time. One reason that realtors offer open houses is because it doesn't take that much longer to show the house to 30 buyers than it does to show it to one. As a consultant or professional, you can maximize a free offer by making it available to as many prospects as possible at the same time.

An excellent example of this model is a free newsletter or ezine that showcases your expertise. You write it once, send it to hundreds or thousands of potential buyers, then reprint the articles on your web site and in other publications. Another way to give a sample to many people at once is offering a free workshop. You can keep your costs down by finding a co-sponsor to provide space, or by giving your workshop as a teleclass (phone conference) or webinar (live presentation on the web).

3. Give away a sample, not the real thing. Follow the example of workshop leaders who use what's called two-step promotion. Invite people to a free teaser program, then enroll them in the full workshop. In the teaser, you give prospects a taste of what they will get when they buy. The taste itself is valuable -- it's not just a sales presentation -- but you hold back the best part for the paid program.

Any consultant or professional can craft an offer like this. Instead of providing consultation or your regular service for free, offer a free initial assessment, evaluation, or diagnosis. A coach or healer who offers sample sessions can position them as assessments, or call them 'strategy' or 'balancing' sessions. This way you draw a clear boundary between what is free and what costs money.

4. Place limits on your offer. No free offer should be open-ended. If you are clear at the outset about the limitations on your free sample, you will find it much easier to ask for the sale when the offer expires. Providing a 'one-hour consultation,' '30-day trial,' or '10-page assessment' will establish a boundary between free and paid service.

5. Be helpful, but remember to ask for the business. One of the dangers of being in a helpful profession like consulting, training, coaching, etc., is that your natural tendency to offer advice and support can sometimes interfere with closing the sale. Try using phrases like, 'Now that<
 
 
 
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