The Power Of Trust In Marketing - #031
The importance of building trust in your business is hardly a new
concept but it’s just as relevant as it’s ever been. There’s not a
more powerful tool to be had in business and life. Businesses that
are trustworthy will get more customers,...
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The importance of building trust in your business is hardly a new
concept but it’s just as relevant as it’s ever been. There’s not
a more powerful tool to be had in business and life. Businesses
that are trustworthy will get more customers, happier customers,
sell more, sell easier, and build a valuable reputation that will
provide long-term benefits.
It takes time and effort but there are simple and effective ways
to start establishing trust with your clients and
customers. In this episode, Adam discusses trust building
tips and practices to implement into your business marketing
strategy.
Episode Discussions:
Why providing value is a key component to your business
How to establish trust with your idiosyncrasies, quirks, and
flaws
The mental game to play before a sales proposition
Why trust is more important than a sale
Ways to provide value to customers that get them to trust you
3:28
The strategy of preeminence
The most powerful advice on building trust in marketing came
from Jay Abraham:
Become your customer's most trusted advisor or fiduciary (a
legal obligation to always act in your client’s best interest).
If they're trying to buy the wrong product or service from
you or a competitor, you owe it to them to tell them.
"I always try to imagine ‘would I let my mom make this decision?
Would I let her go and do this without me weighing in’ or ‘what
would my advice be to my mom."
If often comes at the expense of the sale but will establish
yourself as a trusted advisor in the long-term.
4:46
Mindset before the sale
Before the conversation, tell yourself "I don't need to make this
sale. What is my advice going to be?"
When you take the money out of the equation, it makes it easier
to do the right thing.
If that fails, consider how you would feel if a family member was
in that situation.
5:30
Authenticity
Stay true to yourself, your business, and always act in your
brand's best interest.
If you're able to show your idiosyncrasies, flaws, who you
are, and what you stand for, it will make your marketing easier.
Try live streaming
7:01
Positive association
Build trust and credibility for your business by leveraging
other trustworthy causes
small charities or small charitable donations
volunteer work
collect testimonials
referrals from previous clients
8:10
Provide value
Give before you get
Give with no intention of getting back at all
"When you make providing value a cornerstone of your businesses
marketing, you really can't help but be seen as a giver and
people trust givers in the same way they distrust takers."
Ways to give:
information
time
advice
samples
resources
guidance
support
entertainment
whatever best fits your capabilities and matches your
customers
Everything you give will come back in equal or greater amount to
your business.
Mentioned in this episode:
Episode #24 - Interview with Live Streaming Pro Luria
Petrucci
Contact Adam: Adam@AdamErhart.com
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