Tag Archives: evangelists

The evangelist equation: How to get your customers to fill your sales funnel for you

June 17, 2011

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My hammock gave out in the spring of 2010. Squirrels had ravaged it while preparing nests for the previous winter. I’ve been meaning to replace that hammock but last summer was busy and wet (not conducive to “hammocking”). So yesterday I went outside and realized that the weather was perfect but I remained hammockless.

I posted on Facebook: “It’s beer-and-hammock weather. Sadly, I’m out of beer and my hammock was eaten by squirrels.

Seconds later, a friend messaged me and told me that she had just bought a hammock for her husband. She briefly described it and sent me a link to the seller’s website. Within minutes of posting my sad status, the sale was closed. I’ll be picking up a hammock from this importer this weekend!

SALES FUNNEL EVANGELIST IN ACTION

My friend was first a hammock Customer. She had purchased the hammock, was happy with the quality and price and service. Then, she became an Evangelist by sharing her success story with me. I will (shortly) become a Customer by purchasing a hammock.

This hammock importer’s hammocks have now become more profitable because she didn’t have to spend time and effort and money marketing and selling to me. I’m already in her sales funnel and I’m basically sold; it’s just a transactional issue at this point. My friend’s advice was enough to compel me toward a buying action.

Turning your Customers into Evangelists is critical for your business. Rather than expend the costly effort of marketing and selling to every single Customer, you can turn your Customers into an army of marketers and sellers who are working on your behalf.

Here’s how to do that:

THE EVANGELIST EQUATION

The right combination of elements need to be present in order for a Customer to become an Evangelist… and not just an Evangelist but an effective one that actually closes the deal for you. Those elements come together in the following equation:

Effective Evangelism = Trust + Satisfaction + Shareability

Where Satisfaction = Problem Solved + Perceived Value + Satisfaction with Service
And Shareability = Ease of Sharing + Context

Here’s what those equation components mean:

  • Trust: Trust needs to be established between the Evangelist and the prospective Customer. In order for the prospective Customer to act on the advice of the Evangelist, there needs to be a foundation of agreement between the two. In my situation, I know my friend is a very careful shopper who thoroughly researches everything before she buys.
  • Satisfaction: Satisfaction is actually made up of three components: (1) the problem was solved; (2) a sense of value was perceived between the price of the product and the degree to which it solved the problem; (3) a sense of satisfaction with the service received during the process.
  • Shareability: Shareability is made up of two components: (1) how easy it is to talk about your product or service in relation to the problem; (2) the context in which an Evangelist has an opportunity to share.

When all of those components are present, an Evangelist can effectively talk about your product or service with their friends and their friends will act on the Evangelist’s advice.

If any components are missing, your Evangelists might still share but the likelihood of success diminishes with each missing component. For example, a recommendation on Twitter about a great soup restaurant is still Evangelism but might not result in any new Customers if there is no trust between the tweeter and their followers or if there was no context for the recommendation.

TAKE CONTROL OF EVANGELISTS IN YOUR SALES FUNNEL

The truth is, you can’t control every part of the equation. You have little influence over the trust established between an Evangelist and their network. And, you have little influence over the context in which your Evangelist shares.

But, you do have a lot of influence over the other parts of the equation — the components that make up Satisfaction (Problem Solved, Perceived Value, and Satisfaction with Service), as well as one of the components that make up Shareability (Ease of Sharing).

Creating an army of Evangelists to help you market and sell your business is done by looking at each of the following components and improving/increasing each component:

  • Solving problems: Your product or service solves a problem or fulfills a need, even if you don’t think it does. Figure out what the problem or need is and make it clearer in your marketing.
  • Providing value: Customers who feel that they got ripped off will never return. Customers who feel that they got exactly what they paid for might return or they might not return. But Customers who feel that they got more than they paid for will be far more likely to buy again and turn into Evangelists.
  • Satisfying with service: Like the above component, Customers who feel that they received poor service will never return. Customers who feel like they received “normal” service may or may not return. But Customers who were surprised at how good the service was will buy again and turn into Evangelists.
  • Making your product or service easy to explain: Use clear, compelling, picture-words in your marketing, and use the same messages over and over. Make your business name and your web domain easy to talk about and share. Spread your presence around the web (Facebook, Twitter, etc.) so that people can share you far more easily.

The equation to turn your Customers into Evangelists is pretty simple. And it is made up of several components, many of which you have a considerable amount of influence over. The time and energy you invest into these components will be an investment into creating Evangelists who will fill your sales funnel for you.

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Just read: ‘Create Brand Superfans’ at Harvard Business Review

May 24, 2011

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The goal of your business is not to make a sale. Rather, the goal of your business is to earn profit from sales.

If the goal of your business was to make a sale, then you risk turning your business into a hamster wheel — where you sell one thing to one buyer and then start over trying to sell one thing to another potential buyer. You work hard but get nowhere because of the amount of effort you expend to make a single sale .

The goal of your business is to earn a profit and that is done through increasing your sales and decreasing the amount of effort you expend to make those sales.

One of the ways to do that is to sell to a Customer then turn that Customer into an Evangelist — someone who markets your business for you. A little extra effort is required and the result is more sales at less cost to you.

Many businesses sell and then jump on the hamster wheel to sell to someone else. But the most profitable businesses turn their Customers into a huge sales force of Evangelists.

In this article on Harvard Business Review, writer Matthew Rhoden describes 3 ways that businesses can turn Customers into Evangelists (or as he calls them, “Superfans”).

Create Brand Superfans – Matthew Rhoden – The Conversation – Harvard Business Review.

After you’ve read the article, think about your current Customer-to-Evangelist practices. How effective are they? Consider ways to step up this transformation process to turn your buyers into superfans. Even by tweaking a couple of your processes, and adding just one or two Evangelists, your business will be that much more profitable.

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Weekly Sales Funnel Challenge: Wrap-up

May 20, 2011

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This week, I challenged you to give some thought to follow-up sales to your Customers and Evangelists. They are often overlooked in sales funnels as a source of revenue, but they are far easier to sell to and that makes them more profitable.

So did you find something to sell to them?

I always try to do the challenge with my readers and this week is no different: I did think of some additional sales to make to Customers and Evangelists and I started working on it! It will take a few months to produce (since I’m heavily committed with client work right now) but be sure to watch for it!

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What Hollywood can teach you about creating a successful sales funnel

May 20, 2011

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I’m looking forward to two movies this summer — The Hangover Part II and Pirates of the Caribbean – On Stranger Tides. (Feel free to draw your own conclusions about me based on that confession). Although I PVR everything and tend to fast forward through the commercials, I’ll usually stop fast forwarding and play previews for these movies.

These two movies (and movies like them), my wife and I call them “theater movies” because we’ll happily go and pay to watch them in the theater (as opposed to “renters” that we’ll watch on Netflix).

Hollywood, of course, wants lots of theater-goers and so, as summer approaches, we are all being drawn in to Hollywood’s sales funnels.

Yes, Hollywood has sales funnels. Every business has a sales funnel and the studios that make movies each have their own sales funnels.

This “Hollywood sales funnel” works well (hey, many of them make a ton of money) and it can teach business owners a thing or two about how to create a successful sales funnel.

THE HOLLYWOOD SALES FUNNEL

The Hollywood sales funnel goes something like this:

The Audience stage: You and I are sitting there, on the couch, eating Doritos and watching the latest episode of The Chicago Code or Grey’s Anatomy. We’re drawn into the story. Clearly, we want to be entertained (or, at the very least, we have nothing better to do), which makes us the perfect candidate for… commercials! Including a movie trailer.

A movie trailer is a teaser. A movie trailer tends to follow a classic format and its ultimate purpose is to capture our attention and make us want more! It’s meant to win over audiences that aren’t paying attention or even thinking about the summer right now. It’s meant to force us to ask questions and wonder how the hero/heroine got themselves into this predicament and how they’ll get out of it.

What’s noticeable is that it isn’t meant to tell the whole story. Only just enough to capture our interest. For people who don’t like movies about hangovers or pirates, then trailers for The Hangover Part II and Pirates of the Caribbean – On Stranger Tides aren’t going to capture their attention. But for people who can relate (because they’ve had hangovers) or for people who aspire (to be pirates or at least to a life of vicarious adventure), these trailers will capture their attention. (Note: Just in case it’s not obvious, this is the case for every trailer. People might relate to an underdog and want to watch a movie where an unlikely hero is drawn into threatening circumstances; or people might aspire to true love and want to watch a movie where a boy meets a girl then loses the girl then woos her and they live happily ever after).

Movie trailers act as a “sorting mechanism”, enticing Audience members who are likely to become customers while being ignored by those who won’t likely become customers.

The Lead stage: We’ve just seen a trailer for a movie that seemed interesting. We pause to think about it. We ask the questions (“how did the hero get in that situation?”). We think ahead to the summer. That’s all that Hollywood wants us to do at this stage in the sales funnel. Just think a little further about the movie. Not much, just a bit. We turn to the person sitting on the couch and we say something like “that might be interesting to watch” or “I’d love to see Ian McShane as Blackbeard”.

From time to time, we see branded messages that triggers the same feelings of relation or aspiration: Maybe it’s a billboard of the movie or a newspaper ad that says “in theaters soon” or we see the trailer again or we visit the website or we hear a review or we spot the movie poster. Whatever.

Although the message is very similar to the message presented in the Audience stage, it allows us to go deeper. We see new trailers or we think about the old trailers a little more. We catch nuances we missed the first time. We ask new questions. We’re presented with the message over and over. That message is: “I want to see this movie because [whatever].”

Then…

The Prospect stage:It’s a summer weekend. It’s humid. We’ve worked all week and deserve a break. We’re wondering what to do on a Friday night. One person says “how about dinner and a movie?”

Dinner’s the easy part. Someone suggests a favorite restaurant and no one disagrees. But a movie — you check the listings and, what do you know, YOUR movie is playing! The one you’ve been thinking about. The one that looked really good. It’s settled then.

The Customer stage: You drive to the theater. You buy tickets and popcorn and soda and licorice… and you love the movie.

The Evangelist stage: The movie is awesome. So awesome, in fact, that you want to immediately tell your friends. After all, they love hangovers and pirates just as much as you do, so the thinking is: If you liked it, they will love it. You call, text, blog, tweet, or somehow share your excitement about the movie to your friends and they go to the theater the next week and watch.

And THAT is the Hollywood sales funnel.

WHAT THE HOLLYWOOD SALES FUNNEL CAN TEACH YOU

This sales funnel works. Studios and actors make billions of dollars a year because of this sales funnel. Here’s what your business can learn from the Hollywood sales funnel.

The Audience stage is about finding the right audience — a target market who is in a receptive state — and tease them. Give them something to think about/talk about/question. It could be a headline or a compelling AdWords ad. It could be a strange graphic or a controversial tweet. Something that captures your Audience’s attention and makes them want more.

The Lead stage is about presenting a consistent branded message again and again that helps your Lead go deeper. It’s still enticing them (like the Audience stage did), but it gives some answers and raises more questions. Ultimately, the Lead should be left wondering “this sounds interesting… I want to know more.”

The Prospect stage is about finding the intersection between the contact’s need (“I want to watch that movie” or “I want to warm my food” or “I need a reliable car”) and the opportunity to buy (“It’s Friday and the movie is in the theater!” or “here’s a microwave and it happens to be on sale!” or “with financing, I can buy a red one!”).

That’s when they become a Customer.

The Customer stage is fulfilling on the promise. Some businesses stop there but smart businesses fulfill on the promise made in such a way that the Customer feels they received value and it compels them to move on to…

The Evangelist stage. This is where the Evangelist is so excited about your product or service that they call, text, blog, tweet, or somehow share their excitement about your product or service with their friends… and then those friends buy the same thing.

Hollywood’s movies are great moments of excitement and entertainment and escape. But their sales funnels are based on years of successful strategy and measurement and they work. As you develop your sales funnel, ask yourself this: “If my business were a movie, would this part of my sales funnel entice the sales funnel contact to want to come to the theater and pay to watch?

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Weekly Sales Funnel Challenge: Selling to your Customers and Evangelists

May 16, 2011

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The Weekly Sales Funnel Challenge is a week-long challenge for business owners to focus on a specific aspect of their sales funnel for one week. It’s a fun way to keep you focused on one of the most important parts of your business. A new Weekly Sales Funnel Challenge is published every Monday and a wrap-up post is published every Friday.
Weekly Sales Funnel Challenge

Customers and Evangelists are terribly overlooked in a sales funnel. After all, they’ve already bought something so most people don’t even think of them as being IN the sales funnel any more.

But I disagree. Customers have bought from you once. Evangelists are Customers who talk about you to their friends. But they are still in your sales funnel and they are the easiest to sell to (because you’ve already sold to them once).
So, how are you going to sell to them again?

In this week’s challenge, I want you to think of a product or service that your Customers and Evangelists might like. It doesn’t have to be something YOU sell… it might be something for which you have an affiliate account and you just recommend the product or service.

No, I’m not asking you to start selling something more to your Customers and Evangelists this week. However, I think you should take a moment and think about what you can sell to them.

Good luck!

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