Are You In A Trust Recession?
Ari Galper
World's #1 Authority on Trust-Based Selling | Investor & Contrarian Thinker | Fast Growth Through Trust ?? Featured: CEO Magazine, Forbes, Inc. & Financial Advisor Magazine
For years, advisors were regarded as trusted experts whose knowledge was unique -- holding a similar status to doctors.?
Those were the good old days, now gone with the commoditization of the profession.?
The barriers which used to shield the profession from being “shopped”, have disappeared.?
In this new and highly competitive market, the traditional advisory sales process has become? an arm’s race of one-upping, by adding more value than other advisors can provide.?
“No sale? Give more value!”.??
Of course, allowing your prospects to “sample your services” through a demonstration of your expertise, has been copied multiple times over.?
The arms race to get new clients is at a feverish pace, diminishing the leverage the term “advisor”, used to exude.?
You're still knowledgeable and experienced, but most other credentialed advisors are also knowledgeable and experienced.?
As a consequence, your prospect wants to know what makes you different, what makes you special... why should they trust you??
That’s a hard question to answer when you’ve never had to answer that before, point blank.?
You’re the one now being qualified.?
In this new economy, your prospect is assessing you, the opposite of the way things should be and used to be.?
The advisory industry is now officially in a trust recession.?
In this epic trust recession, it’s important to realize that educating your prospects about what you do and how you do it no longer works, as a trust-building model.??
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Your competence keeps you in the game, but it’s no longer a competitive advantage.?
To stand apart, you need to base yourself on something other than your competence and use a sales approach that no one else is using.??
The way to do this is not follow what your peers and elders are telling you to do – they built their business in a past era that will no longer be returning.?
As a trusted authority, you need to be positioned as a specialist (general practitioner vs. surgeon) to your ideal client’s problems, creating an in inbound model, not outbound.?
Your marketing should read like you lifted a page straight out of their diary, and you’re not promoting yourself either (they don’t really care about your “why” or your story, they care about theirs).?
It’s a totally different approach to what most are doing.?
Your prospect doesn’t need to ask you, what makes you different.?
They should be experiencing that, imbedded in your sales process and so they trust you as a result of your approach, not your expertise.?
It’s time to recognize that the market has shifted, and the old methods which worked before the trust recession, don’t work now.?
Stop giving value pre-sale and focusing on your solutions.?
Focus instead on positioning yourself as a trusted authority, occupying your own unique category in your market, by creating your own, custom inbound trust-based marketing system.?
It’s the only way to stay ahead of the curve.? ?
If you’re not open to challenging your own thinking, you’ll feel the brunt of the market, one way or the other.?
Get Ari's latest best-selling book "Trust In A Split Second!" for FREE along with a Complimentary Lead & Sales Growth Consultation (Value $995.00) at https://www.UnlockTheGame.com/FreeConsult , and join him as a guest on his podcast "Stump The Guru" and get your chance to ask Ari one-on-one questions, fill in the form: https://unlockthegame.com/stumptheguru/ ?
World's #1 Authority on Trust-Based Selling | Investor & Contrarian Thinker | Fast Growth Through Trust ?? Featured: CEO Magazine, Forbes, Inc. & Financial Advisor Magazine
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