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> Get Articles > Expert Status > Use Product Research to Position Yourself as the Expert

Use Product Research to Position Yourself as the Expert


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Charlie Cook
ccookcharliecook.net

In Mind Marketing
http://www.charliecook.net


You have an idea for a new product or service, want to get

feedback from prospects and position your firm as the experts.

How do you do this when you haven’t ever provided the particular

service or sold the product?



Let’s say you are in the planning stages of starting a

collection agency. (Your clients could be lawyers, building

contractors, clothing manufacturers, etc.) How do you find

out what your potential clients want and position your firm

for future sales?



Even if you don’t have a fully defined service you can

still demonstrate your expertise through the quality of

the questions you ask. No one knows all the answers and

bluffing is a poor way to build a business. Use questions

to prompt prospects’ thinking. Then use your expertise to

synthesize common problems and solutions and prospects will

be impressed. While your products and services are the

vehicles that will earn you money, your expertise is what

will help you become a trusted advisor and service provider.



If you don’t know what your prospects want, ask them. Put

together a list of ten to twenty-five questions. Avoid using

“either or” types of questions and create a list of

open-ended questions which encourage prospects to discuss

their collection concerns. Ask questions to clarify common

collection problems, their importance and what prospects

want to do about them.



Now that you have your list of questions, whom do you talk

to? If your target market is lawyers, start with your own

lawyer, friends’ lawyers and use networking to grow your

sample to fifteen to twenty attorneys.



To build credibility be direct about what you are doing.

Tell the people you want to meet with that you are

researching a new service and want to learn more about

their collection problems, concerns and strategies. While

this may not sound like the greatest opening line, most

people like to talk about themselves and appreciate it

when others show an interest in their problems.



Let them know that when you complete the research phase,

you will distribute a summary of your findings to them.

Its much easier to get people to give you 20-45 minutes

of their time if you aren’t trying to sell them but

approach them looking for advice.



When you are done with your interviews, write a

summary of the common problems and strategies you

identified. Don’t forget to include a section in your

report that describes how your services will solve these.



Using this research/ positioning strategy you can:

- Refine your product or service idea to meet prospects’ needs

- Create content for articles to publicize your knowledge

- Establish yourself as the expert



Having the perfect product or service to meet your target

market’s needs is a plus but it won’t guarantee a sale.

Establishing yourself as the expert, one who knows and

understands their concerns will help to pull in clients.

Whether you are researching a new service or want to ramp

up sales for an existing one market your expertise to sell

your services.



2003 © In Mind Communications, LLC. All rights reserved.

========================================



The author, Marketing Coach, Charlie Cook, helps independent

professionals and small business owners who are struggling

to attract more clients. He can be contacted at

In Mind Marketing via ccookcharliecook.net or visit

www.charliecook.net to get a copy of the free marketing

guide, '7 Steps to Get More Clients and Grow Your Business'.





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