Latest / Success Story with Scott Clary / Lessons - How To Be Radically Relevant | Bill Cates - President of Referral Coach
Transcript
- 0:00People, so radical relevance, why is this concept alone in the greater scheme of digital
- 0:18marketing important enough to write a book about?
- 0:21Well, it's because we live in a radically relevant world.
- 0:26Let me explain that.
- 0:28I mean, between big data and, you know,
- 0:31the election is the micro targeting in all the ways to collect data on person people.
- 0:39And even if you're not doing it digitally, even if you're doing it in more of a one-on-one
- 0:44one-to-one analog kind of way, people expect us to know something about them before we
- 0:49reach out to them.
- 0:50They pretty much require it.
- 0:53And salespeople or marketers that are a little lazy and don't do their homework and try
- 0:58to reach out without really knowing the audience are going to be ignored.
- 1:03And just to give you a few examples, I mean, it probably started this radical relevance,
- 1:08if you think about it, started with Google.
- 1:10And there are algorithms to make sure that the relevant information shows up on a search,
- 1:15right?
- 1:16Amazon, if you look for a book or any product, you know, people about this, also about this.
- 1:21That's all about relevance.
- 1:23Going into a grocery store and looking for water.
- 1:27How many waters do they have these days, right?
- 1:29Sparkling water, still water, flavor, not flavored, smart, dumb water, whatever.
- 1:34And all of that's to be relevant to whoever, you know, their prospect, their customer might
- 1:40be in the same thing with toothpaste.
- 1:42Now, here's an interesting one.
- 1:44Build boards.
- 1:46All right, so not all parts of the country in the world have billboards, but a lot to do.
- 1:49Everybody knows what a billboard is.
- 1:50The electronic billboards that you see so much now, they are being fed and programmed
- 1:55by data coming from the driving apps, like ways in Google Maps.
- 2:00And so they will change their message based on the demographics of the people who are
- 2:03driving by in any particular time of day.
- 2:06That's radical relevance, but we can go even more radical than that.
- 2:10A lot of these billboards are equipped with pollen sensors.
- 2:14And so when the pollen count gets over a certain level, they automatically start showing allergy
- 2:19medicine ads and local pharmacy ads.
- 2:23So we live in a world that's like that.
- 2:27And everyone, you know, listening to this podcast has been hit up multiple times a day by
- 2:32people who don't know anything about us, right?
- 2:35And we just as soon as we can tell, they don't know who we are, we just delete them.
- 2:40Because if someone shows a little knowledge of who we are, then we might start to pay
- 2:45attention a little bit.
- 2:46In fact, I reward people who reach out to me.
- 2:49And if they've read my blog or just, you know, watched the video on my YouTube channel
- 2:54or somehow had a sense of who I am and indicated that I will pay attention.
- 2:59I will even schedule a phone call just to reward them for taking the time to do that.
- 3:04So that's a really good point.
- 3:07But when you reach out to people, if you're not relevant, it's just like white noise.
- 3:11Because we get that all day every day, you know, you said you came from like a more traditional
- 3:17marketing era where you would get flyers and pamphlets and whatnot.
- 3:20But now you're well, well versed in digital marketing and we get, you know, it's like 10X
- 3:26what we used to get because now it's so easy to reach out to people right at scale.
- 3:30And it's like, you know, in males through LinkedIn or emails, spam males, whatever.
- 3:36So obviously that's, it makes sense why being relevant is important.
- 3:40So sharpen your marketing message.
- 3:44That's the subtitle of your book.
- 3:47How do you actually do that?
- 3:49How do you sharpen your marketing message so that you are relevant while maintaining that
- 3:55scale?
- 3:56Because everybody knows like if you're prospecting, going back to prospecting, you're prospecting
- 4:02a client, you can go do research on them.
- 4:05You can go reach out to them.
- 4:06And that's really what is it's a good idea to do that.
- 4:08But how would you do that at scale so that you can still, you know, there's still a volume
- 4:12and velocity to your outreach?
- 4:16So the key is on narrowing your scope, not expanding.
- 4:20It's narrowing and it's knowing your target and then taking that and maybe going a little
- 4:25deeper in that target and then a little deeper to the point where you get your bullseye,
- 4:30which in marketing you often call it the persona, the avatar, the ideal person, the demographics,
- 4:37the psychographics of those people.
- 4:39And the mistake I've seen a lot of marketers and sales people make is when they're crafting
- 4:44their message, especially for folks that aren't as experienced, when they craft their message,
- 4:51they tend to expand a little bit.
- 4:52They go, well, we don't want to leave these people out or we want to leave these people
- 4:56out.
- 4:57So they actually expand who they're trying to reach with their message and all they do
- 5:01is water down the effectiveness of the message and reach nobody.
- 5:06And so if you have different personas, if you have different ideal types of clients or
- 5:11customers, you got to make sure you deliver the right message to the right person at the
- 5:15right time and the right way.
- 5:17And if you don't do that, then you're again, you're white noise.
- 5:22You can have more than one target market for sure.
- 5:25You can have more than one persona or ideal within that.
- 5:28I like to call it a right fit client or a right fit customer.
- 5:32But you better make sure that you're dividing your messaging up.
- 5:36So on your website, right, who are the people that visit your website, make sure you they
- 5:41can self-identify who they are and click the right button and then they go into the stream
- 5:45of information that's totally perfect for them.
- 5:49And it's just about finding the bull's eye and getting the bull's eye.
- 5:54So okay.
- 5:55So one of the points that we discussed before this, you're telling a story of how your
- 6:01clients achieved 900% growth in seven years.
- 6:04So that's obviously incredible growth.
- 6:07So first I want to speak about, like, sort of walk us through that case study and then
- 6:13let's speak about how that's repeatable for other people.
- 6:18So if they were trying to implement, like, a best idea or practice that they could take
- 6:23out of that case study, like, what would that one idea or maybe multiple ideas be?
- 6:28Yeah.
- 6:29Sure.
- 6:30So this is with McKay CEO forms out of Vancouver Canada.
- 6:33And so when I met Nancy McKay, she had, by herself, had acquired 100 clients.
- 6:39These are CEOs of companies, mostly in the Vancouver area, where they would get together in
- 6:44round table forums and very impactful for these folks.
- 6:50But she's got big dreams and big goals and she wanted to go further.
- 6:53So the first thing we worked on actually was her referral process, how to scale her business
- 7:00by getting her clients, these CEOs, the introducer to more.
- 7:05So she could create more groups.
- 7:08And we got nitty gritty on this.
- 7:09We recorded audios.
- 7:11We recorded all kinds of stuff to give her scripting of how to talk to her CEOs, to refer
- 7:16them, refer her introducer to others.
- 7:19But she also wanted to scale in another way.
- 7:22She wanted to bring on more chairs, more people to lead the groups.
- 7:25We lead so many groups, right?
- 7:28So her scale was increasing the number of clients, but also increasing the number of people
- 7:34who could facilitate these groups.
- 7:37And so it was all about referrals and introductions for a number of years.
- 7:41And that really brought a lot of people in.
- 7:44Then we started to help her refine the messaging, because she was finding that not always
- 7:50the right people were being referred or coming into the groups and didn't always work.
- 7:55So we had to get really, really clear on the right people.
- 7:58And she now can be on a phone call with someone.
- 8:01Within about five to six minutes, the prospect and Nancy will know if it's a match.
- 8:09And you know, just by a few questions she asks and just by a few things she talks about.
- 8:14And if they're not a match, she won't take them on.
- 8:17And that's important that when we talk about our value, when we talk about the work we
- 8:22do, whatever this situation is, we've got to make sure we're attracting the right people
- 8:27and repelling the wrong people.
- 8:30And even if it's in a mass situation and it's all digital, right, we don't want to waste
- 8:34time, their time or our time, bringing people through a funnel, through a campaign, eventually
- 8:40ending up in a phone call where it's not a good match.
- 8:44And so everything has to be very clear.
- 8:46This is who we work for, this is who we serve the best.
- 8:49And if you're not in that, we're not right for you.
- 8:52And so therefore, let's not waste our time together.
- 8:56No, that's really good.
- 8:57There's so many things you can take out of that story because you spoke about referral
- 9:02networks.
- 9:03So right off the bat, the strongest way to sell is a referral network for sure, like word
- 9:07of mouth.
- 9:08That's the way to do it.
- 9:10You spoke about optimizing your message or personas, and then you spoke with something
- 9:13that a lot of people have trouble with, which is qualifying out.
- 9:17So getting rid of those deals and just sort of freeing up your time.
- 9:21So those are all, I don't know if you meant to do that, but that's kind of like my list
- 9:26of things that you should take away from the story that, regardless of, you know, whatever
- 9:30business you're in, those are just best practices to implement, right?
- 9:35Like, that was really, really good.
- 9:37And that's, so that helped to achieve 900% growth.
- 9:41Yeah.
- 9:42And, and let's talk about the qualifying out first.
- 9:45Yeah.
- 9:46And it depends on the business.
- 9:47Obviously, that you have what that's going to look like.
- 9:50And sometimes they could get qualified out digitally in which case you're not really
- 9:53wasting much time.
- 9:55And with that said, with the referral process, a lot of businesses will take on clients
- 10:01that aren't necessarily right for them, kind of out of respect, if you will, or different
- 10:07first, but that's not always a good thing to do because here's, here's the guiding principle.
- 10:14What's right for that prospector client, right?
- 10:17And if they're not right for your business and you don't believe you can bring your full
- 10:23impact of value to them, then you're not right for them.
- 10:27And so what we don't want to do is create lose, lose situations, especially if there's
- 10:32a referral source involved where they might wonder, why did they send someone to you because
- 10:38that person is not being served as well as they should be because you took them on in
- 10:42a way you shouldn't have.
- 10:43So all of it has to be guided by that.
- 10:46What's best for that person?