How to Prevent a Business Lull (Sales & Marketing). EP #318 - Den Lennie
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Description
In the dynamic world of video production, it's common to experience ups and downs in your business. But how can you effectively manage those slow periods and ensure a consistent flow of opportunities? In this episode, join me as I dive into the specifics of sales and marketing strategies that can help you prepare and maintain a steady stream of business growth. This insightful discussion was extracted from a live coaching call within the VBA Elite program, providing you with an insider's perspective on our methods. Sales lulls are natural and don't necessarily indicate a decline in your video business. Instead of panicking, take a moment to gain perspective through activities like meditation or going for a walk. Then, approach your marketing efforts systematically by focusing on making meaningful connections rather than relying solely on email blasts with low click-through rates. I share the importance of prospecting and leveraging your warm leads and existing clients to uncover new opportunities. Remember, market conditions are constantly shifting, and it's crucial to adapt your offers accordingly. Testing different marketing strategies, such as running new ads or exploring alternative angles, allows you to stay in tune with the market's demands. I also discuss the impact of seasonal fluctuations, such as the end of the financial year, which can affect your video business's activity. Understanding that businesses experience periods of both high and low activity is essential. By tracking your quarterly performance and staying on target, you can focus on strengthening your marketing efforts and boosting sales. Sales, as Wayne Gretzky famously said, is a numbers game. Don't hesitate to put yourself out there and embrace the process. I share a couple of real-life examples of engaging with potential clients facing cash flow challenges, demonstrating the importance of diagnosing the bigger picture and providing solutions that address their needs. By being genuinely helpful and having conversations that offer value, you can build trust and establish yourself as a go-to resource. Consistency is key in sales and marketing. Balancing regular social media posts with proactive outreach ensures a powerful combination that drives results. To explore more insights and resources to scale your video business, I invite you to join our free community or watch our comprehensive training—both linked below. Let's work together to take your video business to new heights. Support the showConnect with Den on LinkedIn https://www.linkedin.com/in/denlennie/ Get more great resources over at https://www.denlennie.com/
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