Prospecting Tips you'll learn in this episode of The Sales Podcast... How to stop fearing the phone...
John Warrillow, Create Automatic Customers With Content Marketing
Build your company to sell it...because eventually, you will
Stream below or right-click here to download the episode.
Sales Tips you'll learn inThe Sales Podcast...
- He had a graphic design small business and was doing everything on his own without leveraging content marketing or systems
- He was told his business was worthless because it was dependent upon him (25 years ago)
- For your business to be valuable, it must be valuable without you
- We think top-line / bottom-line are key, which keeps us on the hamster wheel
- You need to narrow your focus so you can create training programs for your staff and remove yourself from the equation
- Use TVR
- Teachable—can I teach it to my team?
- Valuable—is it valuable coming from me?
- Commodities are not valuable
- Repeatable—how often do customers need to buy it?
- Find one with the ability to sell
Ask your customers "why do you buy from us?"
- Companies make a "build vs buy" decision when they look at buying you
- When you have all the money in the world like McDonald's you can add another revenue stream
- It's not easy to build a subscription but it's worth it
- Recurring revenue drives value
- Security companies have installation and monitoring revenue
- You'll get 75 cents on the dollar for every installation dollar of revenue but you'll get $2 per every monitoring dollar
- How a chiropractor can create a subscription model
- Stop thinking, "I'll make my money when I sell," only to find out they created a job for themselves. Pull your money out as you go.
- Moved to a syndicated research model and sold it to what is now Gartner
- Six different forms of recurring revenue
- Simple consumables like coffee
- Sunk money consumables like a Keurig machine
- Subscription revenue
- Sunk money subscriptions like the Bloomberg terminal for traders who also pay for the subscripption
- Auto-renewal—in perpetuity with a storage facility like Iron Mountain
- Contract revenue is the best—CRM HubSpot subscriptions, etc.
Related Articles:
- Repurpose Your Content Marketing To Grow Sales
- The Two Key Entrepreneurial Skills You Need Now
- Become a Black Belt in Inbound Marketing With Stephan Kesting
Sales Growth Tools Mentioned In The Sales Podcast
- Take The CRM Quiz: get a free consultation with me
- The Sales Agenda: take control of every sales opportunity like a pro.
- Leadferno: Turn lurkers into leads
- Founders Card: Get $20,000 in free processing from Stripe, save 15% on Bose, save on hotels, travel, car rentals, you name it.
- Send Drunk Emails: ...that get opened and get you paid!
- Phone Burner: work the phone like a machine so you can be a human when you connect.
- Sendspark: Send video emails that make an impact so you can stand out from the noise. Use promo code SALESWHISPERER to get 33% off for 3 months
GUEST INFO:
- Get John Warrillow's Books on Amazon
- Built to Sell: Creating a Business That Can Thrive Without You
- The Automatic Customer: Creating a Subscription Business in Any Industry
- Drilling for Gold: How Corporations Can Successfully Market to Small Businesses
- 3 Minute Summary of Built to Sell Creating a Business That Can Thrive Without You by John Warrillow (thimblesofplenty 3 Minute Business Book Summary Series 1)
- Visit Built To Sell
- Visit The Value Builder System and take the free quiz
- Average score is a 59 (3.5x their pre-tax profit)
PODCAST INFO:
- Support The Sales Podcast: https://bit.ly/3JOJ6jC
- Podcast website: https://open.spotify.com/show/50j6rJ83PSXvNpLEa8pCnd?si=fa035874b8a14d1e
- Apple Podcasts: https://apple.co/3PeYzKL
- Spotify: https://spoti.fi/2nEwCF8
- YouTube Full Episodes
- Twitter: https://x.com/bjjandbiz
- Instagram: https://www.instagram.com/bjjandbiz
- LinkedIn: https://www.linkedin.com/in/thesaleswhisperer/
- Substack: https://thewes.substack.com/