Focal Point Transnational LLC

12/25/2023

10/14/2022

Word of Mouth Tactics - Part 2
In the last post we started our series on word of mouth and talked about how to make your customers purchasing experience a short, easy one. We are going to continue with that theme a bit today. We’re going to talk about the power of word of mouth and how to mold it to your advantage.
The reality is everyone needs an advisor to guide them to make a decision. We rely on the expertise of others to make the right decisions as they are explained to us. When you take the time to understand exactly what and how word of mouth works, you’ll see all the great advantages it has to offer you. Remember this path when working to understand word of mouth:
• Accelerate the decision making process for increased profits.
• You can accelerate product making decisions by making the process easier.
• Instead of low-ball advertising and the used car salesman approach, try delivering on your word of mouth promises.

Traditional advertising draws about one response for every thousand ads and most of those are to ask for more information before the customer even considers purchasing. When you get information from a friend, you are more likely to take their word for it and act. On average customers purchase two out of every five recommendations their friends make. That’s a HUGE difference.
So, what exactly is word of mouth? Well, we know how powerful it can be, but to define it: Word of mouth is a communication that happens between a customer and a potential customer. There is usually a relationship of some kind between these two people with an established level of trust.
Now, compare this to advertising where you are providing a message to a potential customer where they have not established relationship with you or level of trust. Who are they more likely to take advice from? The answer is clear!
We talked above about the benefits of word of mouth now let’s take a look at some reasons why it works. Some of these are:
• The information is custom tailored to the potential customer because of the friendly relationship of the referrer.
• It’s more personal, relevant and believable.
• It’s customer driven.
• It’s self generating and can take on a life of its own, especially with the information age of the Internet.
• It becomes part of the product’s description.
• The source of word of mouth can be important and more effective when coming from an expert.
• Word of mouth saves you time and money.

To fully utilize word of mouth you need to understand:
1. Where is your word of mouth coming from?
2. What products are being affected by word of mouth?
3. How is your word of mouth traveling?
Once you know these things you can work out a plan on how to trigger more word of mouth. This wraps up this lesson on word of mouth. If you need help understanding word of mouth and how it can impact your business, try our FREE test drive to access our wealth of resources and tools.
Next time we’re going to dive into the nine levels of word of mouth. These levels help you understand which word of mouth is positive and which is not.

10/06/2022

Multiply on Your Maximizing Resources - Part 4
The last few posts have talked about how to multiply the resources that you’ve worked hard to maximize. So far we’ve covered:
1. Call in the Troops
2. Bring ‘Em Out of the Woodwork
3. Black Sheep Clients
4. Olympic-Size Sales Staff
5. Open Water Fishing
6. Call for Back-Up
7. Go Big Online
8. Bartering with the Best
9. Give Away the Farm

Today we’ll finish up this series with the last three ways to multiply your maximized resources. We’ll cover:
10. Finding Your Pot of Gold
11. Stay at the Top of Your Game
12. Wealth from the Inside Out

These areas are all key to keep up the momentum you’ve found in making what you have work harder for you.
Finding Your Pot of Gold
You must always have a goal you’re working toward in order to stay on course. Your goal needs to be something you can attain and utilize your full potential. Don’t be afraid to aim high, just make sure you are clear on what your goal is and exactly what you need to do to get there. You need to continue to hold yourself accountable to your goal and raise the bar as you accomplish the steps to your goal.
Stay at the Top of Your Game
Once you’ve mastered these areas, you need to make sure you are staying competitive and constantly coming up with new ways to use your new tools. Don’t rest on one success when there are more on the horizon. To continue to be successful your business must continue to learn and revolve.
Wealth from the Inside Out
Wealth and riches are defined within yourself, not by your profits or the world beyond. You can use all these strategies in both your business and life to find a greater level of success. When you naturally reflect who you are and what you mean, you will automatically attract the right people to you. This will happen in life and in business.
You are capable of reaching your goals as long as they are well-defined and a solid road is built to them.
Throughout the last seven lessons we’ve talked about how to take a hard look at the resources you currently have right in front of you and maximize them to get the most out of what you already have. Then turning around and multiplying those maximized resources to take them to the next level.
If you need help with any of these areas, steps or processes, try our FREE test drive to gain access to our resources, tools and business coaches-All there to help you succeed.

10/05/2022

Multiply on Your Maximizing Resources - Part 3
Over the last few posts we talked about how to multiply the resources that you’ve worked hard to maximize. So far we’ve covered:
1. Call in the Troops
2. Bring ‘Em Out of the Woodwork
3. Black Sheep Clients
4. Olympic-Size Sales Staff
5. Open Water Fishing
6. Call for Back-Up
Today we'll cover the next three:
7. Go Big Online
8. Bartering with the Best
9. Give Away the Farm

Go Big Online
There are businesses who solely operate online; there are those with only physical addresses and there are those who do both. Those who do both are by far more successful than the previous two. When you take the time to establish an online presence you open up your business to the entire world, through a few clicks of the mouse.
To successfully sell products online, you need to:
1. Offer high-quality products/services that people want.
2. Build an attractive, effective website that’s user-friendly.
3. Generate high-quality traffic at a low cost.
With all of these things in place you can find success with you online exposure.
Bartering with the Best
If you’ve ever gone to a yard sale and paid the sticker price, then you need to up your bartering game. Everything is negotiable and you need to take the time to barter with your suppliers. Companies are always open to bartering and when all is said and done you could find yourself saving significantly on the things your business needs to operate smoothly.
Give Away the Farm
Ok, not literally, but you have to be willing to stay in contact with prospective clients and offer them products and services they are going to need. You don’t know what they need until you offer them everything you’ve got, then work with them to put together the perfect package the fit their needs.
When you take the time to put yourself at the front of their minds, they are more likely to work with you going forward. You can do this by offering free newsletters, a free consulting session or other valuable tool.
This wraps up these three areas of multiplying the resources you’ve maximized. If you’re not sure where to start or are feeling a bit overwhelmed, try our FREE test drive to work with one of our amazing business coaches who can help you navigate these peaceful waters.
Next time we’ll finish up this series with the last three ways to multiply your maximized resources. We’ll cover:
10. Finding Your Pot of Gold
11. Stay at the Top of Your Game
12. Wealth from the Inside Out