More Related Content More from Business Success Center (9) Platinum Customer Profile System1. With Jan Triplett, Ph.D. CEO, Business Success Center © 2010 Austin, TX Platinum Customer Profiling™ © Business Success Center, Austin, TX 2010 1 3. 28 years of successful results for A-Z service & product businesses 6. Proud to be green© Business Success Center, Austin, TX 2010 2 7. Your Company Focus? B to B? B to C? Better to be P to P .)(. (Belly Button to Belly Button) © Business Success Center, Austin, TX 2010 3 10. 3 P’s to Save $$ & Make Better Sales Profiling Positioning Process © Business Success Center, Austin, TX 2010 5 11. Profiling is a process Positioning is a strategy Photo by http://www.lumaxart.com/ Photo by http://www.lumaxart.com/ © Business Success Center, Austin, TX 2010 6 12. Benefits of a Platinum Customer Profile™ When used correctly, it results in: Shorter sales cycle Improvements to collateral Accurate positioning Higher price, less resistance Savings in marketing $$ Better, more marketable product/service © Business Success Center, Austin, TX 2010 7 13. Sales Cycle: How Customers Buy Consider what they are doing/buying currently Determine the need to act Set an overall goal Identify inflexible constraints, desirable objectives; set priorities Evaluate means to get what they want Make a purchase Rejoice or experience remorse © Business Success Center, Austin, TX 2010 8 14. Who’s your customer now?Who’s your prospect now? Platinum & Gold create stabilitySilver has potentialBronze is uncertainLead is a time waster Concrete is a business killer – never satisfied Radio Active Waste is a long-lasting reputation reducer © Business Success Center, Austin, TX 2010 9 15. Platinum customers are… • Visionaries See problem as you do See value of your solution • Adventurous Confident in you Trust you • Decisive Hassle-free or less hassle © Business Success Center, Austin, TX 2010 10 23. Use the profile in your sales process Pre-Qualification Initial Contact Marketing Merchandising Close Reinforcement Retention © Business Success Center, Austin, TX 2010 12 24. Platinum Customer Profile™ Identifies your best customer/prospect in terms of: Demographics – facts Psychographics – emotions Behaviors – buying patterns, actions Geographic concerns © Business Success Center, Austin, TX 2010 13 25. Psychographics Attitudes Interests Opinions Value Lifestyle Risk Behavior/Buying Habits When they buy How they buy Why they buy Geography Local US International Demographics Age Sex Socio-economic status Education Language Photo from AjdaGregorčič'sphotostream http://www.flickr.com/photos/ajdagregorcic/ © Business Success Center, Austin, TX 2010 14 26. Owner’s/Manager’s Action Items Create Platinum & Lead/Concrete Profiles™ Select “Blue Ocean” positioning Review/revise pricing Develop a sales process & train staff;make sure it incorporates customer’spurchasing process Create/revise marketing plan & budget Revise collateral © Business Success Center, Austin, TX 2010 15 27. Here’s to your success! Business Success Center Sales & Financial Management Services October 13, 2010 Jan Triplett triplett@bscusa.com Twitter@JanTriplett Facebook@JanTriplett © Business Success Center, Austin, TX 2010 Editor's Notes Photo from My Digital SLR photostream http://www.digitaldesktopwallpaper.com/ Profiling photo from IQoncept http://www.flickr.com/photos/37418570@N03/Positioning photo from charlijw http://www.flickr.com/photos/25765393@N07/ Photo from http://www.flickr.com/photos/24761036@N00/2852930881/sizes/m/ - Statues at Swanston St, Melbourne at Bourke Photo from http://www.flickr.com/photos/innovision/3563008885/sizes/m/#cc_license Photo from http://www.flickr.com/photos/innovision/3563008885/sizes/m/#cc_license Photo fromSpudd’sPhotostream http://www.flickr.com/photos/spuddorama/ - Bruce Trail Photo from AjdaGregorčič'sphotostream http://www.flickr.com/photos/ajdagregorcic/ Photo fromSpudd’sPhotostream http://www.flickr.com/photos/spuddorama/ - Bruce Trail