Tag Archives: business

Set the RIGHT Annual Sales Target in 5 minutes

27 Nov

Do you often hear #salespeople complain that their manager or company have no idea on how to set the RIGHT #SalesTarget for the team?

Or as a #entrepreneur#salesmanager yourself, you might also face such a problem, how do you set the RIGHT sales target for the company?

In this video, I’m going to share with you a simple margin strategy that you can learn in 5 minutes.

Download: http://bit.ly/2r6ZDI8

 

 

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Is #Motivation a waste of time?

30 Oct
A little boy is resting under a tree, and he noticed there is a fruit on top of him. He stands up and wanted to reach the fruit, but the fruit is too high above. And he starts to jump, trying his best to reach the fruit but again the fruit is too high above.
 
An old man walked by and saw the little boy jumping around to reach the fruit, he then walks near to the little boy and tries to encourage him to reach his goal.
 
He said something like:
“Little boy tries harder you can do it.”
“Stay focus, Yes you can do it.”
“Never give up, I know you can do it.”
 
The old man keeps encouraging the little boy with all kind of motivation phases but did not offer to help or provide a method to guide the little boy. Needless to say, the little boy gave up trying after many failed attempts and turned to the old man and said: “Thanks for the encouragement but the fruit is really too high for me.”
 
Moral of the story:
Motivation is good, it helps people to stay on course and stay focus. But a motivation without some proper guidance is just a waste of time. Many time team members need guidance from their leader on how to do something. The old man could have guided the little boy to use a long stick (tools) to reach the fruit or guided him on how to climb a tree (skills), instead he just purely motivate him.
 
You may argue the little boy should have considered another method of reaching the fruit after a few unsuccessful attempts, but I would argue that should the little boy have known of any other methods his would have done so. Many times we need guidance and ideas from the leader we followed.
 
#YouWanttoFeelGood? or #YouWantResults?
#MotivationWithoutGuidanceIsaWasteOfTime
#StopSendingMeChickenSoupQuoteEveryMorning

Book Summary – Zero to One

19 Sep

Peter Thiel is the Founder & CEO of Paypal where he sold to eBay at 2002 for $1.2B.
In this book, Thiel shared 3 major keys on building a billion business.
1. Bet on a Contrarian Truth – A truth about how people will act in the future
– The Contrarian Question: “What important truth do very few people agree with you on?”
Steve Jobs – bet that people would want to use a keyboard-less smartphone, where during that time only a few people agreed with him.
Airbnb & Uber –  bet on traveller would want to stay in a stranger house & get into a stranger car.
“All failed companies are the same they failed to escape competition.”
Besides asking the contrarian truth question, you also need to make sure that whatever business you’re starting up it falls into the RIGHT TIME?
Even your hypothesis is correct about the Contrarian Truth, but if you start the business on the wrong timing (technology or human behaviour not yet mature, your business would fail either).
2. Start by Dominating a Small Market:
Amazon – wanted to start an everything online store, but Jeff Bezos did not start Amazon with that. He begins with a bookstore, which is much easy to operate & less costly. While he accumulated many loyal customers and cash flow, he then explores the adjacent market (CDs & DVDs). Slowly and steadily Amazon is dominating one market segment at a time and now become the everything store.
=> Don’t try to get 1% of a billion market, instead get 80% of a million market.   
“Whoever is the first to dominate the most important segment of a market with viral potential will be the last mover in the whole market.”
3. Strike to a Monopoly
If you can scale fast and big enough, then you can play the monopoly games and dominate the market and generating massive profits.
But wait, isn’t a monopoly is something evil?
Google is a search engine monopoly, they made so much money from their business. But at the same time, they are also a company that funded many social responsibility projects like a self-drive car, free tools available and even free internet to some part of the world.
  • a business need to make enough profit in order to stay in business
  • use excess profits to give back to society
The 4 Monopoly Methods:
  • Brand Associate – Apple (if you think of a fashionable electronics, Apple always come into our mind. Apple has a strong brand associate in customer’s mind while others are hard to compete)
  • Technology Advancement – Google (the search result is 10x better than competitors)
  • Network Effect – Facebook (high switching cost, since most of your friends, are already on FB, it make it so much harder for other competitors to compete with you)
  • Scale – Amazon (Amazon can offer a free shipping on a sofa while other will need to charge you a $50 shipping fees, how Amazon able to do this? Amazon has a very high leverage & margin on the product sales due to their economies of scale, which they operation cost & breakeven point of the company is low. They have no problem paying the shipping cost while still generating massive profits)

11 – 让客户说YES

5 Dec
Small Fish _ Leik Hong
作者:廖翊翃

标题:让客户说YES

继上一章“您要付现金,还是信用卡?”专栏提及的销售模式,这次就为大家解开为何该名香港女销售员那么轻易的就让我买了原本就不打算购买的衬衫。她到底用了什么技巧呢?

很多踏入职场的朋友,会选择销售性工作为第一行业的,相信并不多。原因很简单,销售确实是一件不容易的差事。根据统计,平均一位销售员会碰到七次客户说”No”,过后才会遇到一次”Yes”。换言之,会有七个人拒绝你的推销,只有一人答应听你的解说,但未必会跟你买产品。因此,要成为一位顶尖的销售员,是需要经过一些的培训,以及大量的失败经验所促成。

从笔者过往处理的各别客户个案中,所整理出的客户“失败经验“如下:

(一)要认清谁是你的销售对象?不要见到人就卖,销售员的工作并不是要把产品卖出去,而是要协助客户作购买的决定。一位只想卖产品的销售员,只想把产品卖了,赚取佣金。然而,一位真心帮客户解决问题的销售员会站在客户的角度去思考,帮对方解决问题,来达到销售结果。

(二)顶尖的销售员并不必要有很棒的口才,但他必须有很好的聆听力。你是要真的用心聆听,才能了解你的客户到底要的是什么,而不是喋喋不休的一直讲你的产品有多棒,你的产品有多好。聆听,是销售成交的重要一环。

(三)如果你是需要与客户预约,可以在打电话之前把自己要表达的内容或要点,用纸笔写下,把它变成手稿。此举一来你在打电话给对方的时候,减少出错的机率,同时也增加自信心。还有,在约客户见面时,千万别问客户:”什么时候方便见面”,因为您的这种问法会令客户有机会说“没有空”。有技巧的问法可以是“星期三或星期四,早上10点,哪个时段比较方便您?”,你让客户在A或B“选择题”里,二选一。如果不行,再让对方选择C,即是“不如星期五,下午两点如何?”,总之就是不要客户太轻易的拒绝你。

(四)A或B的提问模式,亦可以运用在接近成交的时候。当销售进入最后阶段,销售员就要去成交这笔交易,如果你不去问客户是否要购买,他会说:“再考虑”,因为他并不急着要跟你买,或急需要这产品。此刻,你就要尝试去成交这交易,比如说:“请问先生你是要付现金还是信用卡呢?”、“或者您要下周二或周三送货”等等有技巧性的问题。

切记,如果客户已决定要购买了,就不要再介绍类似的产品,混淆客户的选择。

10 – 您要付现金,还是信用卡?

28 Nov

Small Fish_LeikHong

作者:廖翊翃
标题: 您要付现金,还是信用卡?

有一年与家人到香港旅游,那时恰好是夏季,亦是购物的旺季,到处都是游客攥动。我无意间走入一家男性服装专卖店,实际上我只想走马观花消磨时间,较后再与家人会合。

专卖店里的销售小姐很礼貌地迎向我,并问道:”先生,您要休闲装或是正式上班服装?”。我礼貌回应:”我先看看。”

她同样礼貌回应:”那请先生随便看看。”过了一会,她继续说:”先生,我看您都在看正式上班装,您会喜欢蓝色,灰色,还是白色呢?”。我还是回应:”我再看看。”

她继续说:”好的。我看您都在看白色衬衫,不知您喜欢钮扣还是袖扣的呢?我替您拿来试试。”我心想,这销售小姐的观察力真强,但我始终回应:”我再看看。”

她再问:”先生,您是从事什么行业呢?”。”我是企业讲师,企业培训师。”我回复。

“难怪,我看您都在看白色衬衫,白色衬衫特别适合像你一样的专业人士。不如这样,我们这里有一套特别适合您的袖扣衬衫,我拿来让您试试。试穿一下不用紧的。对了先生,您是大码还是中码呢?”

我回复:”中码”。她把衣服找来后,引领我到更衣室试穿。过后,她再跑来,递上蓝色领带说到:”白色衬衫配上蓝色领带正好。”我也不知为何很配合地戴上领带。

“这衬衫和领带果然很适合您,那先生您要付现金还是信用卡呢?”

我糊里糊涂回复指用信用卡,也就这样不知觉的买下一件我原本没打算买的衬衫。过后我回想,她确实是很棒的销售员。从一开始,她就假定我们会成交。

因此,她一开始就不断问我选择性的问题,比如”要休闲还是上班装?”,”要蓝色或白色?”,”要钮扣还是袖口?”, 直到最后的”要付现金还是信用卡?”。她一直都把我设在她的销售模式里头。由此可见,销售模式对一位销售员来说是何其的重要。

您看出端倪了吗?什么是有效率的销售模式?请看下一章吧。

SME Seminar – Business Productivity Tools & Strategies for Small Businesses

27 Nov

SME Seminar_LeikHong

Warren and I are co-conducting an SME seminar, focusing on the topic of business productivity tools. Warren is a seasoned webmaster, he has many years of a website designed and development experience, and therefore he would like to share how small businesses can benefit using the available online | website tools.

While for me, I just recently has been certified as an Evernote Certified Consultant. I have been an Evernote user for quite some time, and I have found it is very useful when coming to notes taking and updating documents and data.

We have filmed a short video to promote our event, click on the link below:

Do join us on the 7th December 2016, at The TOP (Komtar), Penang.

Click: http://www.smallfish.com/register

See you there.

09 – 给餐饮业者的忠告

21 Nov
SmallFish_LeikHong
作者:廖翊翃
标题:给餐饮业者的忠告
 
最近有好几家餐饮业者向笔者咨询,都问及如何提升自家餐馆的生意,如何利用面子书及社交媒体进行营销策略等问题。其实,除了食物的味道,价钱公道及环境卫生干净之外,什么会是一家餐馆最重要的一环呢?你答对了,就是“服务”。
 
(一)不论你的食物再好吃,价钱再便宜,如果您的服务很烂,那就是不断地在赶走顾客。没有人会愿意到一家餐馆,必须看着服务生或老板“你欠我几百万”的脸色来吃饭。因此,服务生的笑容是很重要的,你不需要有五星级酒店般的服务,但请不要给顾客一个黑脸。
(二)很多顾客去吃饭时,并不太懂自己要吃什么。所以很多时候,印有照片的菜单,可方便顾客作选择,同时也可让服务生不必花太多的时间来进行解说。就如麦当劳那样,简单利落的照片让顾客参考,下单也因此变得更容易简单。
 
(三)有时候顾客想要服务员介绍菜色,但千万不要绕口令般念出十样八样菜名。老实说,这种一轮嘴,没有标点符号说出菜名,顾客是听不懂的,也更不懂如何选择。
 
顾客说明要你介绍,那么你就要认真的聆听顾客到底要什么,再作出适当的推荐。反而因为你作了适当的推荐,进而顺利达到加额销售(Up Sell)。
 
(四)如果是高单价食品,在介绍给顾客的同时,也需说明价格大约会在什么价位。千万不要让顾客埋单时,吓得一大跳,最终换来的是,顾客在面子书骂翻你,说你是黑店。
 
(五)餐馆厨房部上菜的时间,请拿捏的恰恰好。笔者曾经与家人用餐时,一共点了4道菜。3道菜已陆陆续续上了,但最后一道却不见踪影,尽管间中有提醒了业者。最后吃完了准备埋单离开时,那道菜却姗姗来迟 。服务生表示这道菜需要时间烹煮,笔者同意需要时间烹煮的说法,但毕竟已经吃饱准备离开了,这道菜已经没有意义,那么请帮我取消这道菜吧!
 
餐馆的品牌,是由各方面累积的,客户对您的评价,就是您最好的招牌。因为现在的客户都会到面子书上与他人分享你餐馆里的大小事物。如果你能够透过面子书messenger、 whatapps或微信来订菜、订座,抑或者透过这些社交媒体管道与客户有个客户服务上的适量沟通,那会是很棒的体验。
4 Aug

LevelUP Brand Experience

The second batch of “LevelUP Brand Experience” is now confirmed on 22 & 23 September 2016.

In these 2 days, you would learn several real-life examples of distinguished Malaysian companies who have successfully made it to the pinnacle of Brand Experience, example: PKT Logistics Group Sdn. Bhd. MK Curtain Group FERUNI CERAMICHE SDN BHD & others

Some of the highlight of the workshop:
– Develop the creative minds of an entrepreneur
– Sustainable business model
– 4 ways of marketing strategies to improve your revenue
– Built a brand that is worth sharing via online & offline
– Effective ideas to maximize your social media marketing efforts

Bonus:
Half day Brand Experience Tour around the facility of PKT, learn about howDato’ Michael Tio build a company that is worth talking and sharing around.

PM us for more information.

Date: 22 – 23 September 2016
Time: 0900 – 1730
Venue: The Lighthouse Campus (PKT)

Photos for batch 1 (July):https://www.facebook.com/SmallFishBusiness/photos/…

‪#‎smallfish‬ ‪#‎levelUpBrand‬ ‪#‎deliverhappiness‬ ‪#‎BrandExperience‬ ‪#‎Branding‬

Workshop facilitator: LeikHong BizCoach Benson Wong

06 品牌与客户体验的魔力

30 Jun

LeikHong & SookShyan

作者:廖翊翃(企业教练)
标题:品牌与客户体验的魔力

如果今天你踏进任何一家商店,不论是餐厅、美容院、服装店等,你都会期望得到某个程度的客户服务(Customer Service )。在现今的商业环境里,客户服务不再是一项奢侈品,而是一项需要。一家没有客户服务的商店,是一家没礼貌的企业,不论它的产品再好,没多久也会遭淘汰。

有鉴于此,现在的服务业是需要迈进“客户体验”(Customer Experience )的年代了。客户体验是整个“品牌体验”(Brand Experience )的一部分。试想一下,你想让你的客户对你的品牌有什么样的体验?

笔者最近在 De L Vida Studio 拍摄婚照时,就对此家公司的品牌与客户体验有着赞不绝口。有别于一般的婚纱店,De L Vida Studio 是家小型精品式婚纱摄影室。此家摄影室麻雀虽小,但五脏俱全。从我与太太首次接触该摄影室的配套、选择婚纱礼服、拍摄当天,再到照片完成品,他们的服务可说是让我们感到无微不至的。

就比如说拍摄前,摄影师兼老板Jeerie先只身到拍摄的外景场地勘察,预先实体勘察当地的环境与拍摄的角度与灵感,让拍摄当天可省却不少的时间。在此之前,我们也与Jerrie 沟通了许多想法与概念,他亦用心的记录及呈现我们所要的婚照。

最令笔者与太太难忘与惊喜的是,当我们完成外景摄影后,步入午餐时间时,Jerrie 带着我们与团队到一家韩国餐厅享受烤肉与泡菜等美食。可想而知,当我们完成烈日当空下的拍摄,又累又饿的情况下,来到有空调的上等韩国餐厅用餐是何等的满足啊!而且还是Jerrie 买单哦。有拍过婚照的朋友听闻后都直呼我们好幸福,因为他们只能吃打包回来的炒饭或鸡饭,抑或是馒头包点。

一个好的品牌与客户体验,可让客户很乐意的为你的品牌做个免费宣传,可别小看这种口碑相传的魔力哦!

让社交媒体成为你的品牌代言人

20 Jun
LeikHong_SocialMedia
作者:廖翊翃(企业教练)
题目:让社交媒体成为你的品牌代言人
 
 
许多国际知名品牌,在一开始时也只是默默无闻的小招牌。在经过无数心思的打造与耐心经营下,成为了家喻户晓的名牌。
 
“那我应该如何把我家的小招牌变成名牌呢?”有读者电邮问起。那我们就这个问题来探讨一下什么是品牌(Brand)。
 
我们商家是否需要花很多钱来把一个品牌给打响名堂呢?但大部分的中小企业都会面对资金上的局限,是不可能像大公司那般能够较自由的大笔花费在广告与宣传。在有限的资金上,我们是否也能够去打造属于我们的品牌呢?
 
如果时光倒退到20年或30年,即80年代或90年代,在有限的资金下打造自己的品牌,的确有点挑战;但在当今社交媒体及网络的发达下,这也不再是不可能的任务。相对下,在现时的环境打造品牌变得易如反掌。中小企业们已不需要大撒金钱聘请专业的品牌顾问公司或广告公司、找名人或艺人代言,或搞活动宣传。只要任何人都有部智能手机,再加上面子书帐号,这都能成为您的品牌代言人与宣传者。
 
打个比方,如果你是经营餐饮业的业者,今天你的顾客在你家店里用餐,而顾客对你的食品、服务等感到满意,那能不能要求顾客把你家的食品拍照后,放上面子书与朋友分享呢?如果他愿意为你这么做,那他是不是无形中成为你的最佳产品(品牌)代言人?而我们身边也有不少例子,很多顾客光顾某家餐厅,都会打卡告诉朋友他身在何处,更会拍下餐厅的美食,放上社交媒体与朋友分享。这就是为何我说,只要你有智能手机,社交媒体管道都会是你最佳的品牌代言人和宣传者。
 
由于打造品牌已从以前的“被动”,演变成今天的“主动”,品牌不再是您告诉(教育)您的客户您有什么,而是您的客户主动的宣扬及传达给其他潜在客户,你提供的是什么。如今的品牌已演变成一众体验,即品牌体验(Brand Experience)。什么是品牌体验?下一章告诉您我的亲身体验。