Why Promoting Products Seems Easier Than Services


The products line

In this post we’ll take a look at the difference between promoting products as compared to promoting your services. In order to better understand each other during the discussion we should first agree on the most basic (if not obvious) differences between a product and a service. For the purposes of this discussion: A product is tangible! A service is not tangible!

Products often have cool features that show results quickly. You can talk about the benefits of a feature and how it will make your customer’s life easier and you will probably get a sale based on one product feature or another which is displayed clearly for your prospect to see.

About services

Services on the other hand, are intangible. There are no buttons to push or “before and after” pictures to see. Services often get categorized as “luxury items” we can usually survive without. They are more challenging to sell because the “results” of a service can be difficult to quantify, measure or prove.

Many “hard sell” sales trainers shy away from working with service providers. It is easier to train someone to sell products with features you can see and results you can prove than it is to sell a service which is devoid of such features or results proof.

Say, for example, that you spent a few years in the corporate world selling products like electronic telephone systems, and then went into selling yellow pages advertising. Many of the techniques used to sell telephones wouldn’t work in selling advertising! You’d probably have found out that you needed new sales techniques in order to promote the intangible results of advertising.

Value, essentially!

Authors, Coaches, Consultants, and other such professionals produce results that improve the human side of life and business and “Alternative Healers” deal with subtle energies that may take longer to produce quantifiable results. To the average consumer, these are luxuries that, although desirable and beneficial, can be crossed off the shopping list if money is tight.

You would also have found that most of your advertising clients hadn’t a clue about how to tell people about the benefits and results of their excellent services due to a sense of frustration they felt, and wondered why clients were so hard to get. Even today many are good at explaining how they work and what tools they use.

The problem is that most consumers couldn’t care less about how you work. They care more about the benefits they will experience after hiring you. They want to be clear on what results you can deliver in exchange for their hard-earned money.

“What’s in it for me?” your customers are asking. It is time to stop feature-dumping! Features only imply that a “process” is beneficial, or a “technique” is going to help…. As a service provider you must be able to describe clear results to potential clients.

A success story scenario

Service provider is in despair. She has a great service as a professional organizer and sadly, few customers to show for it.

She is asked to list the top 10 benefits of her excellent service. However, she – like so many others responding to this request – provides a list of features instead.

She lists “features” that describes how she gets to a result. Features like:

  • Customized quotes
  • Office flow organization tweaking
  • Creation of new filing systems
  • Ergonomic layouts for offices, etc.

They sound pretty good, don’t they? Sure, and the service provider’s customers seemed interested and keen, BUT they were not following through and hiring her.

Then she got some help in articulating a more effective sales list displaying a number of benefits and results relating to her excellent work. Results like:

  1. Added value of charging only her client’s specific needs
  2. Improved and streamlined office procedures
  3. Saving time and reducing frustrations
  4. Ability to provide better customer service
  5. Increased efficiency with an improved filing structure
  6. Less time wasted due to poor office layout

Resulting in increased productivity all around. She was also successful in creating a list of 6 good questions she can ask to uncover if a client needs organizational help. The reason being, why waste time telling clients all about her services if they don’t need them. Seems to make sense, right?

Service promotion proof is in the results

Now, this service provider will always ask questions to find out first if someone seriously needs her service. If they do, she tells them with confidence about the results she can provide and is more secure in asking for their business. By following these guidelines you too can get hired faster with more confidence practically every time!

If you are a service provider with very little sales background and you struggle to close the deal with potential clients, you can enlist the help of one or more business / life coach classes to learn the format, confidence, clarity and momentum needed to get out there and get more clients! A quick search on Google for business / life coach will get you a lot more information on this subject. – Good luck!

Digital & Electronic Products – Unbeatable in Quality and Price!

How Is Entrepreneurship Defined?

Fashion world descends upon us

In discussing entrepreneurship and writing articles on the subject, it seems logical to me – or sensible anyway – to begin the discussion by agreeing on exactly what the word or term means to us as participants in the discussion.

Entrepreneurship defined

Entrepreneurship is the process of creating or seizing an opportunity, and pursuing it regardless of the resources currently in one’s control. According to Wikipedia entrepreneurship is defined as “the act of being an entrepreneur, which can be defined as ‘one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods’. This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity”.
Dictionary.com defines entrepreneur as “a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk”.

These are rather abstract concepts for a person just beginning to consider whether s/he ought to start a business rather than take a job, or leave a secure job for a chance at greater self-fulfillment. Let us try to refine our understanding of entrepreneurship by asking some more specific questions.

Narrowing the scope of entrepreneurship

Is everyone who runs a business an entrepreneur? Many would not consider the newspaper carrier, shoeshine person, and grass cutter entrepreneurs, though these are often the youthful pursuits of those with an entrepreneurial characteristics, if not aspirations. In fact, lawn manicurists today are managers of well-managed businesses.

Does it matter whether the endeavor is merely part-time? Whereas some part-time activities are basically hobbies, or undertaken to supplement income – similar to certain jobs and types of employment – some entrepreneurial ventures can be tested in the marketplace on a part-time basis.

The path to an entrepreneurial venture might begin by earning a salary in the business you expect to enter, while learning more about it, and waiting for the opportune time to go out on your own. This time can be used to develop a support network – professional and personal – and generate ideas to “bounce off” people whose opinions you respect.

NAVAN Global, the REAL SEAL!

At what scope does self-employment become a venture? The primary objective of many self-employed people is merely to employ themselves (and others if necessary) at a moderate to good rate of pay (or salary); some are even willing to eke out a living to do what they enjoy. This approach is often referred to as a “lifestyle” business, and is generally accompanied by little, if any, plan for growth.

Entrepreneurship: An attitude?!

These questions are intended, not to develop a precise definition of entrepreneurship, but to develop a better understanding of our attitude toward its many forms of expression. We may each answer these questions differently, yet we all answer them appropriately within our own frames of reference.

Entrepreneurship is more an attitude than a skill or a profession. Some of us may prefer employment in a corporate or public service field, but many would choose an entrepreneurial opportunity that “feels right.”

Would you consider a person who inherits a business an entrepreneur? From the point of inheritance on, it is their own money and financial security at risk. They could possibly sell the business, invest the proceeds in blue-chip stocks, and live off dividends. Some might consider managing a personal stock portfolio for a living as an entrepreneurial venture.

Would a person who inherited a small or marginal business, then took it to new dimensions be considered an entrepreneur? The inheritor could have tried merely to keep it going, or even to pace the business’ decline to just carry them to retirement. In a family-held business, long-term success is often a central goal.

In conclusion…

Are franchise owners entrepreneurs? Many feel that, for those who have access to the large up-front investment, franchises are sure things. For many, operating a franchise is similar to investing in “blue chips,” a relatively sure thing with generally unexciting returns.

A primary business tool on hold

So whether you’re inclined to work in an atmosphere where you call your own shots, take your own risks and take your destiny into your own hands; Or you prefer the guaranteed salary, set hours and safe (free of risks) circumstances offered by a job, it is good to have a clear understanding of both kinds of work before pursuing either. And since most people have a relatively good understanding of a salaried job (or position as the case may be), I hope we’ve defined entrepreneurship in a way that is easier to understand.