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Showing posts with label baby boomer. Show all posts
Showing posts with label baby boomer. Show all posts

Friday, October 08, 2010

KALÖN WOMEN: Influence: Do You Have Any?


Guest Author: Dickie Sykes

Having worked in a corporate environment for many years and running a department, I know that it is virtually impossible to get anything accomplished without a certain amount of power and influence. Power and influence feed off each other and in most cases the more power you have grants you greater influence over others and the more influence you have garners you more power. Research has found that one of the most important determinants of leader effectiveness is success in influencing people (McFarland, L., Ryan, A., & Kriska, S., 2002). The same tactics that help leaders become influential helps job candidates. Firefighter applicants’ that used soft tactics like rational persuasion and ingratiation were correlated with positive interview ratings (McFarland, L., Ryan, A., & Kriska, S., 2002). Employers often consider leadership skills when selecting applicants for managerial and supervisory positions. Therefore, everyone should learn skills that enhance their ability to influence. The question is how do you attempt to influence others to get them to do what you want them to do?

Social influence involves doing something that affects someone else in one way or another. In business how do you get others to do what you want? Every day, managers confront situations in which they attempt to influence others so that their behavior is consistent with organizational objectives. When I ran a department the tactics I used most often to influence others were inspirational appeals, consultation, rational persuasion and coalition building. I used rational appeal because it is based in logic. When I discussed the logic behind expanding my departmental budget, staff and responsibility, I researched the company’s responsibility as it related to federal EEO laws and where we were falling short; in addition to, the changing demographics and ethnicities of our labor and vendor pool and what we needed to do to meet our corporate goals and objectives. The logic was there in black and white; therefore, I used rational persuasion to make my point.

When you go on your next job interview or have a business presentation use rational appeal as it is based in logic. Before you arrive, know where the company is falling short (you must do your homework) and provide them with solutions. At this point, you’re in big picture mode and don’t have to provide them with explicit details but have some just in case. If the company asks you to go into more detail, bam, you’ll know you have their interest. This is the perfect opportunity to plant the seeds for your next interview. Why does this approach work? It is logic that can’t be denied. Within your logical appeal, insert an inspirational story that meets with your target audience’s values and ideals. When I mixed rational persuasion with my inspirational spin (I can sound like a Southern preacher) it was a powerful mix.

Keep your focus on what’s best for the company; if you’re excellent at what you do, there will be plenty of opportunities later to express your wants and desires based on the value you brought to the company. Right now, let’s get you hired. During the interview process, have a laser sharp focus on what’s best for the company. Package and express your transferable skills in a way that meets with what the company's needs (greater revenue, sales, clients, customers; improved brand, better PR; you get the point) what their looking for (the job description) and what you bring to the table (quantifiable skills, success). I kept my focus on my previous employer’s brand, image and EEO laws. I ensured our reputation remained positive and influential within the communities where we conducted business and that we adhered to federal EEO rules, regulations and guidelines. I sought the support of others and brought high profile people to the organization which afforded me a larger budget and expanded my influence. Two additional influential tactics that can be used during the interview process is ingratiation and coalition- building with a twist.

Find out as much as you can about the company and the interviewer and ingratiate yourself to the interviewer. Ingratiation is getting a target person to do what you want by putting him or her in a good mood or be getting him or her to like you. No matter how smart you think you are, I know we all think we’re geniuses but people still hire who they like and trust and that will never change. Coalition-building during the interview process is letting the interviewer know the type of network or coalition you have in-place and can bring to them. Everyone is drawn to power, to influence, so if you have a network of great relationships, drop a couple of names within your inspirational story. Don’t overdo it and sound rude, arrogant or cocky; sound self assured and proud of the professional network you’ve been able to create. Sound confident in the coalition and team builder that you are. It’s a delicate but doable balance.

The power I began to have to influence others came from several sources: my position automatically gave me a certain amount of credibility and influence and following a few techniques which I’ve described here such as rational persuasion, inspirational appeal, ingratiation and coalition-building. Whether job interviewing or delivering a business presentation or seeking a raise, include a few influential techniques in your career toolbox.

Dickie Sykes is the President of DGS Consulting LLC. To learn more about the company log onto www.dgsconsultingllc.com or contact them at sales@dgsconsultingllc.com or 404 567-5790.

References: McFarland, L., Ryan, A., & Kriska, S. (2002). Field Study Investigation of Applicant Use of Influence Tactics in a Selection Interview. Journal of Psychology, 136(4), 383. Retrieved from Business Source Complete database.


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Thursday, September 02, 2010

KALÖN WOMEN: Smart Women Use Speaking to Grow Their Business



Guest Columnist: Joy Chudacoff

A few weeks ago, I took some time to evaluate where most of my clients come from and the two areas where I consistently receive highly qualified clients are referrals from happy clients and public speaking. It’s essential that you spend your valuable time doing the things that consistently bring you the clients that you love to work with. This week, I’m going to focus on public speaking as I get many questions from Smart Women on this topic.

Speaking to your target market is a wonderful way to reach more people in a short period of time and get your message out about how your product or service can help them. It works well because your target audience can get to know you on a more personal level and get a feel for your style and personality.

You may be reading this and thinking, “I’ve never done any public speaking and I’m not feeling very confident about it.” I understand completely. I started speaking 15 years ago because I had a mentor at the time who insisted this was a great way for me to grow my business. It was not by choice and I tried (unsuccessfully) numerous times to avoid the process. I remember my first speaking engagement. I had purchased a $300 silk suit to wear for the occasion. I was so nervous that I was sweating the entire time. By the end of the presentation, I was soaked! The suit was ruined. I sent it to the dry cleaners but it could not be saved. After that first presentation, little by little, I became a better speaker and more confident in my ability.

If you’ve been thinking that speaking is a tool that could help you grow your business and get your message out, you should take the leap and go for it. Here are some tips and solutions that will help make the process a lot easier:

1. Choose a Topic – Pick a topic where you have expert knowledge. Think about a problem or challenge that you solve for your clients. Create a presentation around this and include 3-5 main points that will be benefit your audience.

2. Use the KISS Principle – Divide your talk into 3 main areas. The beginning is your introduction where you create a desire for the audience to listen to you by sharing your level of expertise. Don’t forget to share your vulnerability as well. People love hearing that you’re not perfect and you’ve made mistakes too! The middle is the 3-5 main points you want to share on your topic. The ending is where you let them know how they can get more information and how they can work with you.

3. Offer a Free Gift – Ask everyone to fill out a form with their name and email address. Put the forms into a basket and have the host pull out some lucky winners for a free gift. For example, it could be a free session with you, a free book or e-book. People love free gifts! Let the audience know that they will hear from you in the future about special offers or new products and services. This is an excellent list building tool. (I see many speakers forgetting this step and it’s one of the most important!)

4. Give Them Something to Buy – If you have a table at the event (many events offer a table to speakers at little or no extra charge) have your products and brochures, with descriptions about your service, available. After you finish speaking, get back to your table as quickly as possible so that people who are interested in asking questions or interacting with you can approach you easily.

5. Follow-Up After the Event – After the event is over, make sure you follow-up with the event host and find out how they felt about your presentation. This is an excellent way to learn what went well and if there are some areas for improvement. Be sure to ask the host for a testimonial about your speaking. This is an invaluable tool to have on your web site media page and marketing materials.

You can start with a small group (5-10 people) and move on to larger audiences along the way. Over the last 15 years, I’ve spoken to groups of people that had an audience of 5 people as well as groups of up to 750 people. The number isn’t what’s important. The key is to inspire a few people who identify with you and want to work with you to help solve their problem or challenge. Speaking has made a tremendous difference in my business. It can make a difference in your business too.

Anything is possible. Everything is waiting for you.

Joy Chudacoff, ICF, PCC, is the founder of Smart Women Smart Solutions(tm), a Professional Certified Coach to 1000’s of women, Motivational Speaker, and Entrepreneur.

She publishes a weekly buzz generating ezine, Reflections On Life and Business for Women Entrepreneurs.

If you’re ready take your coaching business to the next level, get your FREE Tips, FREE Report, FREE MP3 and be the first to hear about my exciting new program for coaches and consultants at www.SmartWomenSmartSolutionsCoaching.com


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Sunday, January 24, 2010

WHAT BOOMERS WANT: Tips for Marketing to the "Spending" Generation, Part 2

What Boomers Want, Part 2

with Terri Benincasa

Last month we gave you the first set of fundamentals for marketing to this very lucrative cohort (why do it, and how to do it right), and promised the second set this month. So, here are the other important steps you’ll want to take to ensure your strategy will be successful.

What Venues are Best for Getting Their Attention

Surprisingly, the best are the more traditional media outlets, as Boomers are the last generation to still fully embrace them in the following order of importance to them:

  1. TV (but this is the most expensive)
  2. Radio (this is much more affordable, particularly AM) – and not internet radio
  3. Newspaper (older Boomers still subscribe to at least one daily paper delivery; younger Boomers will get their news on-line, so a combo is perfect)

Combine these with social marketing outlets designed specifically for Boomers (ex: boomerauthority.com) and using innovative Boomer-friendly factors like those listed above, and you’ll have a winning combination: the “word of mouth/we feel like we know you” that comes from social marketing, with the credibility that comes with traditional media advertising for Boomers.

Who in Your Company is Best Positioned to Earn Boomers’ Business

That would be someone closer to their age… Unless you have a young person with a high credibility factor (comes from a level of maturity and sensitivity beyond their years), Boomers will not respond well to people their children’s age introducing your product/service to them.

Exceptions:

  • If the product/service is for their children/grandchildren, e.g. something age relevant
  • If it is something Boomers perceive to be a younger person’s domain, such as technology
  • If it is the owner’s son/daughter who is working to follow in Dad’s/Mom’s footsteps and that is made clear upfront

Some Do’s & Don’ts

Do: Always be positive – Boomers as a generation are concomitantly optimistic & pessimistic, but most don’t realize it…what they do know is they are immediately turned off by someone who bad-mouths the competition or talks in terms of what doesn’t work vs. what does

Do: Use emotions, stories, and imagery – Boomers are a heartfelt generation and are moved far more by these criteria that “cold hard numbers”…that was the Greatest Generation, not Boomers

Do: Make your product service feel very high end for a smart price (for middle class Boomers) & regardless of price (for wealthy Boomers) – with wealthy Boomers only go to price if they bring it up – reliability & durability are also big deciding factors for Boomers

Don’t: Talk about age as in “this is the perfect option for people your age…” Ooops. Talk about “life stage”, experience, savvy, discerning tastes…these all come with age but Boomers much prefer seeing it in those terms

Don’t: Underestimate the determination of the Boomer consumer to know exactly what they want, having done all their research prior to contacting you – don’t treat them like an unknowledgeable customer – treat them like a knowledgeable partner

Don’t: Treat all Boomers the same way, not only because the Boomer Generation spans 18 years, but more importantly because this generation prides itself on individuality – traveling to the beat of their own drummer. So do not waste your time with one size fits all content - they will immediately pick up on a “canned pitch” meant for the masses.

Source: Boomer Consumer

5 Common Boomer Myths Form Outdated Marketing

By steering clear of these falsehoods, your Boomer Marketing campaign will be that much more successful:

1 | They’ll Sit Down, Exhale, Retire
2 | Understand One Boomer and You Understand Them All
3 | Boomer Consumers are More Brand-Loyal
4 | All Boomers Are Rich
5 | Technology Belongs to the Young

Source: DMW Worldwide LLC

Bottom Line: How you develop and implement your marketing campaign will determine whether you’ll get that call from this very active market. Follow the strategies above, don’t fall prey to the myths, and you’re off to a great start!

For more information, please visit Terri's TNNW Bio.

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Monday, November 23, 2009

WHAT BOOMERS WANT: Tips for Marketing to the "Spending" Generation


What Boomers Want
with Terri Benincasa, M.A. Ed.M.


Whether you’re a one person service company or a large corporate entity, you are missing the marketing bulls-eye if you stay stuck in last century mode of targeting the used-to-be coveted 18-39 set.

The simple fact is that the folks who have the most disposable income, and a track record of having no qualms about spending it (even in this economic climate), are Baby Boomers, the approximately 78 million Americans (the number world-wide is in the 100’s of millions) born between 1946 & 1964: particularly what we call the “middle” and “leading edge” Boomers, born between 1946 & 1959. What's not being told when we hear news that they're "cutting back" on spending is that it's based on consumption by Boomer standards; they may no longer be spending like drunken sailors, but they still want what they want when they want it, and will find it whether it's with you or your competition.

Why This Market Segment is So Lucrative for You
Beyond this group’s sheer numbers, here are the facts that drive this generation when it comes to spending:


  • 45% of the consumer market is ages 40-70 (as of 2009, Boomers’ age range is 45-63) - That is larger than all the other individual market cohorts combined – they spend a whopping $2.3 trillion annually on goods & services...that's $400 billion more than any other age cohort, and by 2010, Boomers will control about 65% of the available disposable income
  • they are the wealthiest (overall, even given the Great Recession) and best educated generation in the history of the nation, so they pride themselves on both their willingness to spend when it suits them, and their savvy when it comes to deciding where to spend it
  • they are now at the point in their lives where they are ready to settle back and enjoy the fruits of their decades-long labors regardless of economic factors; plus, they don’t “retire” but instead “re-direct” their lives, and they are willing to do whatever it takes to make their new life not just a good one…but a great one
  • Boomers have never been ones to deny themselves something they want that will make their lives feel more luxurious, help them to make their age less apparent, or give them the freedom/mobility this “Peter Pan” generation covets so highly.

Does this sound like a target market that would be useful to you? Seems like a no-brainer, but amazing as this is, even the biggest companies, from Kelloggs to Ford, are only now figuring out the power of marketing to Boomers. It's your turn.

So, now that you know this is where you need to be focusing a good portion of your advertising/marketing resources, how do you go about not only getting in front of Boomers, but making yours the kind of product or service they will seek out again and again? Read on!

How to Reach this Market Cohort
Here’s what Boomers want, and if you offer as many as possible, you will get their undivided attention:


  1. Boomer respond to being fully educated on your product/service, its benefits to them, and your approach to providing it – vs. empty marketing jargon – with Boomers, more information is better, and they want to feel like they know you & your expertise
  2. Up-front understanding & addressing of their objections; Boomers have “seen & done it all” - when they see that you are as fastidious as they are about their concerns, they’ll be quite pleased – and much more interested in buying from you…
  3. Boomers want to feel like they’re in control of the entire process from beginning to end (example: they don’t just accept what a doctor tells them as their parents did – they’ve done their own research prior to the visit, know what they want, and don’t stop until they get it…they’ll do the same with you…)
  4. Back to being having “seen & done it all”…they rely on referral, testimonial, & word-of-mouth along with standard advertisements (just advertising alone won’t do the trick)
  5. Boomers love getting everything in one place – that’s why middle-income Boomers love Super Walmart or Super Target, and upper income Boomers want everything brought to them. So if you’re a solo practitioner selling one specific product or service, package yourself with services complimentary to yours. Example: Lawn service with pool service, landscaper & nursery. They can pick which they want, but really like having everything put together for them if they need all or some of the products/services surrounding yours...they respond to messaging that is more than the attributes of what you do or make.
  6. Boomers are not particularly brand loyal – they will go with whatever makes sense to them at the time. So your message needs to speak to how your customers’ needs are met, how it is relevant to their lives today, how it resolves a worry they have, how it makes them healthier, or how it makes them feel better, smarter, happier.

Stay tuned....next month's entry will cover:


Best Venues for Getting Boomers' Attention
Who in Your Company is Best Positioned to Earn Boomers’ Business
Some (additional) Do’s & Don’ts to Further Refine Your Marketing to Boomers Strategy.

For more information, please visit Terri's TNNW Bio.


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Friday, June 05, 2009

THE BOOM IN BOOMER NETWORKING: Being Approachable

The Boom in Boomer Networking with Elaine

Engaging goes hand- in- hand with being Approachable.


As a Baby Boomer jumping into the networking “lifestyle” with both feet planted firmly in mid-air, I am amazed that there is so much to learn, and so little time in which to learn it!


I have learned so much about networking in these few short months since the birth of my Boomer Community, SrMeetUp! that I am virtually bursting with information to share. But since I tend to gather my words faster than my mouth works, I will type very sloooooowly –I promise.


I’ve engaged well before “engaging” became trendy. To engage was like putting on a new black dress – it was basic – every one of my species should have one (and I’ll use any occasion to buy one – retail therapy – I’m a fan). Men – figure out what makes you happy (keep it cleanJ). Some of the best people I’ve met have been through random encounters enjoyed way before SrMeetUp! became a reality. I have no idea why, but I banked these new acquaintances and now I am withdrawing from that bank with an amazingly high growth of principal. (I know, I know, another platitude - but tell me, can’t you visualize exactly what I mean!).


I always realized how overburdened and over extended most people felt – me too. So I never asked for anything except to talk and mostly to listen – me listening to them. Listening is the best part of networking – gathering information you can incorporate into your projects and sharing with others. Realizing how many interests you have in common and people you both know is the next best thing. When you meet new people, for a while at least, you have this great feeling of anonymity – you can be whomever you want – that is at least until you share contact information.


Engaging is just one part of the equation – You have to be approachable as well. That little proverbial “chip on your shoulder” can be more like a boulder if you are not approachable. Being approachable is what happens when you know from what you speak, you are confident in whom you are and what you want to convey – simply said, you are comfortable in your own skin, knowledgeable about what you know and genuinely interested to learn what you do not know.


So networkers of America, and the rest of this great world – get out there, engage and smile – You are making bank deposits! It is only a matter of time before your deposits will begin to pay handsome dividends.


-- Elaine Ingis


http://srmeetup.blogspot.com/

http://www.srmeetup.com/


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The Emergence of The Relationship Economy

The Emergence of The Relationship Economy
The Emergence of the Relationship Economy features TNNWC Founder, Adam J. Kovitz as a contributing author and contains some of his early work on The Laws of Relationship Capital. The book is available in hardcopy and e-book formats. With a forward written by Doc Searls (of Cluetrain Manifesto fame), it is considered a "must read" for anyone responsible for the strategic direction of their business. If you would like to purchase your own copy, please click the image above.

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