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The 3 Irrefutable Elements of Sales Growth | Braintrust

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Title: The 3 Irrefutable Elements of Sales Growth | Braintrust


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The 3 Irrefutable Elements of Sales Growth
  • braintrust101.com

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  • Over the past several decades, there have been a
    myriad of books written and talks given on how
    to grow your business, improve your marketing,
    increase sales performance, etc etc Some of
    those lessons are good, some are useless.

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  • I certainly dont want to take the arrogant
    position that everything ever written or spoken
    prior to this post is garbage and that I have
    cracked the proverbial code that now transcends
    all previous sales and marketing strategies. That
    said, the following content isnt just my opinion
    but a collation of commonalities by successful
    organizations boiled down into three critical
    elements, that if executed effectively, guarantee
    results.
  • As you read through the three elements, keep in
    mind the key is not to just have them but how
    well you communicate these elements to the world.

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Element 1 Company Why
  • In Simon Sineks book, Start With Why, he
    outlines the many reasons why people dont buy
    what you do, they buy why you do it. There is a
    neuro biological reason for this. As humans, we
    make decisions in our Limbic Brains and we make
    them emotionally and instinctively. The vast
    majority of companies today communicate what
    they sell, not why they do what they do. It has
    to be larger than the money they can make.
    Revenue is simply a positive side effect from
    operating effectively.

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  • As an example, lets look at Toms Shoes. Their
    entire mantra is One for One. Founder Blake
    Mycoskie was deeply moved at the fact that as he
    traveled, he encountered so many children around
    the world didnt have shoes. He created his
    companys purpose around helping those
    children. Now, for every pair of shoes he sells,
    he donates a pair to a child in need. His company
    has experienced tremendous sales growth.
  • People emotionally connect with his why and
    because we all need shoes at some point, wouldnt
    you rather feel like youre helping contribute to
    a global cause? Makes you never want to go to
    Dicks or Famous Footwear to buy shoes again,
    doesnt it?

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  • It doesnt really matter what your company sells.
    If they dont tap into the why first and
    foremost, you will limit the engagement of your
    employees and your customer base. Jim Stengel in
    his book, Grow found that over a decade period
    since 2000, companies that understood their why
    grew at a much faster rate than their peer group.
  • Your company why needs to focus in one or at
    most two of the following purpose driving
    categories.
  • It brings Joy to people
  • It evokes Pride in people
  • It creates Connection for people
  • It encourages Exploration in people
  • It improves Society in a tangible way
  • Here are a few companies that have tapped into
    the power of purpose CokeJoy, Mercedes
    BenzPride, StarbucksConnection,
    GoogleExploration, Toms ShoesImproving
    Society. There are many others, but by now you
    have the idea.

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Element 2 Brand Purpose
  • For many companies, they dont understand element
    1 above so it leaves them without a true roadmap
    as to how to truly do marketing the correct way.
    Marketing is all about understanding who your
    customers are, what motivates them buy and how
    your solution solves their problem. Once you know
    those three things, you must create an emotional
    connection with that audience and build authentic
    trust with your brand. How do we do that? Brand
    Purpose.

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  • Your brand purpose is your brand why. It
    generally flows out of your company why. Step
    one is to determine whether you are a branded
    house or a house of brands. An example of a
    branded house would be BMW. Their purpose
    category is joy. In fact, their entire marketing
    campaign is laser focused on the joy of
    driving. They allow the house to be the brand
    i.e. BMW. Yes, they have the 3,5 7 series
    vehicles but everything revolves around the house
    brand. They know their category and they know
    their brand purpose. In this case, the company
    why and the brand why are the same. A house
    of brands example would be Proctor Gamble. They
    have a company brand but primarily communicate to
    the market through individual brands. Pampers,
    Tide, NyQuil are just a few of their brands.

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  • Each brand has to have its own brand purpose
    and shouldnt be too terribly far off from the
    company purpose or why for consistency. Once
    you know your brand purpose or as we call it,
    your Brand Driving Purpose, you can begin to
    create messaging that speaks directly to the
    emotional buying brain with your prospective
    customers with laser focus.
  • I know you may be thinking that this strategy
    works well for consumer brands but not for
    business to business (B2B) companies. Absolutely
    not true. Its simply a case of B2B companies not
    generally having the sophistication and knowledge
    of how to do this compared to the high profile
    marketing budgets of consumer retail companies.
    EVERY company needs to have a company why and
    brand why. There is no exception is you want to
    truly create trust with your market.

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Element 3 Personal Why
  • When you look at the Fortune list of top 100
    companies to work for, you generally see a
    consistent theme. The employees of those
    companies believe strongly in the purpose of the
    organization. I had the privilege of working at
    Genentech for most of my corporate career and we
    were consistently in the top 10 companies to work
    for. Why? Because the employees there knew our
    why. It was to create novel therapies to treat
    unmet medical needs. We were, literally in some
    cases, curing cancer. Our Driving Brand Purpose
    category was clearly to improve society. Now,
    its one thing to have a great company why and
    brand why but if you dont understand your own
    personal why, then all you can ever do is try
    to use your companys credibility to connect with
    customers.

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  • What it all comes down to is the individual.
    Especially in B2B. People tend to want to buy
    from people, not companies. That being said, we
    know emphatically through research that the
    number one driver of sales is trust. Trust is an
    emotion that happens at the subconscious level.
    How does one develop trust? You must first make a
    genuine connection. Guess what? I dont connect
    with the facts and figures of your products or
    services. I dont connect with your ten year
    track record of success and awards. I dont
    connect with your resume of respected companies
    youve worked for. I connect with people who
    believe what I believe. I connect with people who
    come across with authenticity, humility and
    honesty. I connect with people that are real. The
    only way to come across as real is to be real.
    You must have a personal why.

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  • Why do you do what you do? It cant be for the
    money. Again, like with the company why the
    money is a result of effectively executing the
    why before the what. What universal beliefs
    do you possess that I will connect with? Why are
    you trustable and where did you learn that from?
    Whats the story behind your why? We teach
    clients to communicate their personal why in 90
    seconds in a way thats emotional, visual and
    experiential. Its powerful. If you want to know
    why I do what I do, read my profile.
  • Question What is your company why? Does your
    company understand brand purpose? Do you have a
    personal why? If so, would you share it with
    us?
  • Visit braintrust101.com
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