Many service business owners these days are "giving away" their business services ? and then wonder why people aren't hiring them in droves. In the name of "marketing," business owners are providing way too much information for free. Some shifts in thinking are necessary if these business owners expect to be in business years from now. Even trained coaches, I believe, do too much pro-bono work. Why? They say that they need to practice, but the bottom line, IMO, is that they don't value their gifts.
Shifts in thinking and action need to occur. One place to start is by moving yourself from an employee mentality, where you "give information for free because your company is paying you and it's just what you do in your job" to thinking like a business owner who values their gifts and expects to be paid for those gifts.
There's a definite shift in the right direction, thank goodness, taking place on the Internet. I think it started after the dot.com bust settled down. The first site that went from free to paid that I remember was Consumer Reports, a publication I've been reading since 1973! I thought, "how could they" and then realized what a novel idea ? business web sites actually making money using a subscription based membership site.
Membership sites, for those who ? like me - are "informational entrepreneurs," are on the rise, too. In 2001, Infopreneur Terry Dean's site went from "free" to a "paid" membership site, which brought him a minimum of 5k per month. His income is much more than that now, but you get the idea. Just like a toddler, we have learned from our mistakes and are taking the Internet from a place primarily for freebie seekers to a valuable sophisticated, professional marketplace.
The final shift is to always act like a "real" business owner and stop giving away the bank. Being paid for your service is about honoring your business, your talents, your precious time, your gifts and the skills you've developed. Setting boundaries on just how much free information, or free services, you'll give away is not easy to do. Just like pricing services!
However, no one expects to go into a shoe store, ask for free shoes, and walk out of the store! If you don't value your services, no one else will. So if you're holding back information that you rightfully should be paid for, and you believe that you're hoarding or being stingy, please look to see if that belief is based in reality.
VERY big shifts indeed.
Tiffany Bond, principal at BrandBond in Seattle, said it best: "People seldom value an opinion they didn't pay for - but they will sure assess blame to it!" So if you're going to take the blame, at the very least, get paid highly for it!
Yes, providing some limited free advice may be a good marketing strategy. It may assist someone to trust you. On the other hand, it might have the opposite effect, and cause people to wonder why they should pay you when they're getting the information for free. So, just be careful that you're not giving away the shop. As I tell my clients, "learn from my mistakes (and I did give away the shop until I got smart!), and go and make better mistakes!"
And what can you say to people who 1) ask outright for free information, or 2) just start talking to you about something, and you realize that they're trying to "borrow" your valuable resources without becoming a client? Here are some ideas. Try them on to see what "fits" you best.
23 things to say when someone asks you - a service business owner ? for free information!
1. My charge for an initial consultation is "x." If we turn out to be a good match, and you hire me, I'll apply 1/2 of "x" towards your commitment.
2. I'm happy to give you 5 minutes or less of free time, however, most issues are more quickly & effectively resolved in an undisturbed session(s). May we schedule a meeting so I can give you my undivided attention?
3. If someone is very persistent, whip out a stopwatch & say "For $2 a minute I'd be happy to go into this now. May I start the clock & do you prefer to pay with cash or check?"
4. What I can do is refer you to a free resource on "_______."
5. I do work with two pro-bono clients, who are in desperate need financially. I'll take your card and add you to the waiting list.
6. Yes, I do work with clients on "name the issue." Would you like to set up a consultation?
7. That will cost "x" per hour.
8. There's a lot I can do for you that's similar to the work I did for "xyz" client. Would you like to get together and build a marketing plan? (And then charge for those services.)
9. Well, I'd love to suggest something; however, my fees are "xxx" per hour.
10. Are you looking to hire me?
11. Are you looking to hire _____? Well, I'd love to talk to you about that; my fees are "x" per hour."
12. You may call me for a 15-minute talk, very focused, on that issue.
13. "Well, the answer to that question depends" and then spend a few minutes explaining some of the options and considerations. For example, I may explain that the best way to identify the "solution" is to work backward from the desired end result and process. That provides a natural lead-in to: "If I were to work with you on this project, here's how we would do it..."
14. Sorry, I can't answer that unless you pay my fee (or hire me).
15. A complete answer to your question is going to take more than 15 minutes over the phone. Would you like me to send you a proposal on this?
16. I have really enjoyed talking with you and would like to help more. May I send you one of my brochures and a rate card?
17. Do you have a time line and/or budget in mind for solving this problem?
18. Have you looked at cost estimates from others who would like to help you solve this problem or complete this project?
19. It's not a good time for me to begin a session right this minute. Would you like to briefly discuss session times and fees?
20. Are you seeking generic free information on "the topic" or to work with a "your profession here" to address your specific situation? [If I have a free resource, I'll ask for their email address and send it to them.]
21. I provide a general 3-4 sentence overview of how I would address their concern with them. Then I say that I've found that the sorting of the information available and subsequent application of that information is so specific to each individual that I always recommend hiring a "your profession here" for getting that one project completed.
22. Well what I can offer you on that subject is an ebook (CD, audio, etc) called ________. I'll email you the link.
23. Refer them to these "free" or "almost free" resources: Ø The library has books/tapes/audios/CD/reference librarians. Ø To an outsider, your local SBA and SCORE Offices "look" free. They're really not "free" either. Their classes "cost $" and their advice is paid for by all of us as part of our taxes. Ø Find a professional who needs your services and see about some sort of in-kind exchange or barter. Again, this isn't totally free, as you do need to report it on your taxes, but in most cases, there isn't any money exchanged. Ø Join lots of ezines by experts in the area you're looking to learn about, but do it quickly while they are still free. And know that the 'best of the best' contain ads and affiliate programs, too.
Marcia Yudkin, Marketing Consultant, Speaker and Author says this in Marketing Minute: (http://www.yudkin.com/) "You can head off a good portion of that from paying clients by setting down in writing what your fees cover and do not cover. While you don't want to come off as some sort of dictator with a stringent rulebook, it helps to set forth guidelines for a productive relationship. For folks who are not yet clients, feel free to copy what I do. If I can answer a question in five minutes or less, I generally just go ahead and do so. If a question is more complicated than that, I reply, 'I couldn't do justice to your question without a consultation. My consulting rates are ...' Prevent hassles by making expectations explicit!"
Remember, as a service business owner, part of what you "offer" clients and what they value from you is your knowledge and expertise. It's as much a part of your "services" as any tangible materials you produce. So make sure to treat it as such, and get compensated fairly! When you value your services, others will, too.
==============
With special thanks to members of the CoachU Alumni Helping Alumni List http://www.coachu.com/, Digital Eve Seattle and Freelance Seattle, www.freelance-seattle.net discussion lists for sending me their questions and observations, which contributed greatly to this article.
© 2004 Maria Marsala, Business Builder and former Wall Street Trader. "Powering-UP service busine$$es and their owners". Providing articles, tips, classes, and resources. Learn more at http://www.ElevatingYourBusiness.com
![]() Google News Updated : Sun, 07 Sep 2008 14:08:18 GMT Reuters Entertainment Summary - Washington Post Washington Post - VENICE (Reuters) - Eleven days of red carpet galas, 21 films in competition and countless interviews, photo calls and parties at the Venice film festival boiled down to just one man in the end -- Mickey Rourke. Aronofsky Gracefully Wrestles Golden Lion Out Of Venice Buyers mixed on Toronto films Publ.Date : Sun, 07 Sep 2008 10:41:41 GMT Suicide blast kills 35 in Pakistan; Zardari set to take power - International Herald Tribune
International Herald Tribune - AP, The New York Times PESHAWAR, Pakistan: The death toll in a devastating suicide blast has reached 35, officials said Sunday, as Pakistan prepared for Benazir Bhutto's widower to take over as president. Pakistan's Zardari urged to change image and focus Pakistan's Zardari prepares for presidency Publ.Date : Sun, 07 Sep 2008 13:14:31 GMT Michigan spared sting of West Nile - Detroit Free Press Detroit Free Press - BY SHERI McWHIRTER • RECORD-EAGLE • September 7, 2008 TRAVERSE CITY -- West Nile virus hasn't seriously bitten Michigan this year and seems to have spared the state's northern reaches. Yes, the mosquitoes were nasty this summer Aerial survey being conducted to find mosquito breeding grounds Publ.Date : Sun, 07 Sep 2008 07:53:44 GMT Federer is set for his fifth consecutive US Open final (Keystone) - Swissinfo
Swissinfo - Switzerland's Roger Federer has won his semifinal at Flushing Meadows against Novak Djokovic of Serbia in four sets, 6-3, 5-7, 7-5, 6-2. Video: Federer Beats Djokovic to Reach US Open Final Federer Reaches Final Before Rain Publ.Date : Sun, 07 Sep 2008 13:38:36 GMT Health Buzz: Immunosuppressive Drug Warning and Other Health News - U.S. News & World Report
U.S. News & World Report - The Food and Drug Administration has asked the manufacturers of Humira, Cimzia, Enbrel, and Remicade—which belong to a class of medications known as tumor necrosis factor alpha blockers (TNF-alpha blockers)—to strengthen the warning for risk of fungal ... FDA urges more caution over TNF blocker infections Arthritis Drugs Linked to Risks From Infection Publ.Date : Fri, 05 Sep 2008 15:23:08 GMT Malkovich gets mad in Coens' 'Burn After Reading' - The Associated Press
The Associated Press - TORONTO (AP) - The Coen brothers' new movie gave John Malkovich a chance to blow off some steam. Malkovich's seething character in "Burn After Reading" bursts out in perpetual tantrums, a nice exercise in anger management, according to the actor. Toronto Film Festival vs. Brangelina – Who Gets the Spotlight? Pitt Rocks to Madonna Publ.Date : Sun, 07 Sep 2008 13:31:53 GMT Fannie, Freddie Capital Concerns Prompt Paulson Plan (Update1) - Bloomberg
Bloomberg - By Dawn Kopecki and Alison Vekshin Sept. 7 (Bloomberg) -- Treasury Secretary Henry Paulson decided to take control of Fannie Mae and Freddie Mac after a review found the beleaguered mortgage-finance companies used accounting methods that inflated their ... Video: Obama Calls for Changes in Mortgage Giants RPT-US Treasury sets news conference;GSE plan expected Publ.Date : Sun, 07 Sep 2008 12:59:54 GMT Amazon Associate Store |
PARLOT::Ebooks, Scripts,
Websites, and more... To help promote your small business or professional practice, consider... Read More Article marketing is the latest buzzword for marketers... Read More One of the biggest mistakes we could make as business... Read More Marketing is a vital aspect of a business' operations. It... Read More Do you have a website? A Web Newsletter? A mailing... Read More Alright you've got yourself a nice website with a great... Read More Donors will stop responding to your fundraising letter appeals for... Read More Lost & Found for the 21st CenturyHere in the 21st... Read More Not all benefits are created equal. Knowing which ones to... Read More Do you own a business and need ideas on how... Read More In direct mail lore, there's a rule stating that you... Read More In a world that is spinning out of control; with... Read More Considered a vital link in a show's promotional plan, direct... Read More Breaking into the international marketplace can catapult a company into... Read More The fight for your customer's attention at a tradeshow has... Read More The key to success in any business relies a large... Read More Yes, you can fill a workshop when spending is down... Read More The phone rings. Good news... it's a potential client. You... Read More Mobile businesses are quite unique in the way they must... Read More Trade show rentals allow you more flexibility and the opportunity... Read More And not only your logo, but also your website, your... Read More Market research specialists have discovered a new tool which enables... Read More For those new to marketing planning, the thought of completing... Read More If you really want to pull more profits from your... Read More Your marketing materials must grab your prospect's attention long enough... Read More
Adsense
websites
Have You Tried Cause Marketing?
6 Article Marketing Smarts: How To Get More Reprints And Exposure
Keep Costs Down and Keep the Marketing Strategy Simple
Your Marketing Plan - Prerequisite to Success
Direct Mail
10 Simple Ways to Boost Your Sales IMMIDIATELY!
Eleven Reasons Donors Stop Responding To Fundraising Letter Appeals
Incentives For Customers? Whats New?
There Are Benefits... And Then There Are Benefits
7 Great Ways to Market Yourself and Your Business to Help Increase Sales
Measuring the Return on Your Direct Mail Investment
Simplicity In Marketing
Making a Hit with Your Marketing Campaign
How to Successfully Promote your Business to an International Audience
Tricks of the Trade: Design your Booth for Maximum Impact
Marketing Manual Sample Outline
8 Ways to Fill a Workshop in a Bum Economy
Do You Really Need a Brochure?
Promotions for Mobile Detailers
Tips for Trade Show Rentals
What Does Your Logo Color Say About Your Business?
How to Use Direct Response Post Card Decks as a Valuable Market Research Tool
What to Include in Your Marketing Plan Write-Up
Smart Ways To Rocket Launch Your Profits
Take The Test: Does Your Marketing Copy Sell?
The best way for someone to hang on to a... Read More
What Really Makes Your Postcard Mailing Successful? The biggest single... Read More
All small businesses can benefit from inexpensive off the shelf... Read More
I am a great believer in the keeping to the... Read More
If you are a mobile auto detailer or mobile car... Read More
Want to know what the highest-impact, lowest-cost tool is in... Read More
60% of all small business owners, sales and solo-professionals claim... Read More
If you've got a mailbox, you're no doubt aware of... Read More
If you are not using flyers in your business you... Read More
Ever try to be something for everyone and find no... Read More
We all know the English language contains hundreds of thousands... Read More
This past weekend I received a disturbing message from a... Read More
We all know the value of writing articles for promoting... Read More
Before you create your postcard, do a little planning. Ask... Read More
I bet you thought the movie "Daddy Daycare" was a... Read More
One of the most common mistakes in marketing is making... Read More
Joint venture marketing is a lucrative way of leveraging the... Read More
When marketing themselves to leads and prospects there are five... Read More
While focused, strategic networking is usually the most efficient way... Read More
There aren't many things in life that you would get... Read More
Trading reciprocal links is one of the best ways to... Read More
Highly effective marketing is accomplished when your marketing materials and... Read More
THE GREAT MAIL ORDER MYTH There are a number of... Read More
Whether you're a former retail store owner known for your... Read More
I'm a board member of a local nonprofit and we... Read More
Marketing |