Transcript
WEBVTT
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A relationship with the right referral partner
could be a game changer for any BEDB
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company. So what if you could
reverse engineer these relationships at a moment's notice,
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start a podcast, invite potential referral
partners to be guests on your show
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and grow your referral network faster than
ever. Learn more. At sweetish Mediacom
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you're listening to be tob growth,
a daily podcast for B TOB leaders.
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We've interviewed names you've probably heard before, like Gary Vander truck and Simon Senek,
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but you've probably never heard from the
majority of our guests. That's because
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the bulk of our interviews aren't with
professional speakers and authors. Most of our
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guests are in the trenches leading sales
and marketing teams. They're implementing strategy,
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they're experimenting with tactics, they're building
the fastest growing BEDB companies in the world.
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My name is James Carberry. I'm
the founder of sweet fish media,
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a podcast agency for BB brands,
and I'm also one of the CO hosts
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of this show. When we're not
interviewing sales and marketing leaders, you'll hear
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stories from behind the scenes of our
own business. Will share the ups and
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downs of our journey as we attempt
to take over the world. Just kidding.
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Well, maybe let's get into the
show. Welcome back to BEDB growth.
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I'm your host for today's episode,
Travis King, at sweet fish media.
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I'm joined to day by Derek's charts, who's the senior vice president of
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sales and marketing at legends. In
your living Derek, what is going on,
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my friend? How are you?
I'm doing fine. How are you
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today? I'm doing awesome, man, just just happy to be alive for
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another day and having the opportunity to
share this microphone with you. I appreciate
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you having me on. Thanks for
allowing me to be here. Of course,
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my pleasure. So today you're going
to be sharing the difference between helping
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the business and helping the people from
a marketing perspective. But before we get
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into that, I'd love for you
to share with the listeners a little bit
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about yourself and what you and the
team at legends and you're living or up
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to these days. Sure, absolutely, I'll tell you a little bit about
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me first. I spend about twenty
five years and high tech cells and marketing,
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hardwor and software for primarily the telecommunication
space. I was lucky and fortunate
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enough to live through the Telecom d
regulation act, as well as the Y
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K, as well as the Internet
boom. So I lived through three pretty
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significant events that really helped us drive
cells and and sell a lot of products.
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So that was a fun experience.
And then about three four years ago,
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I was you know, I started
looking for in my personal career.
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You know, how do I have
a little bit more significance? We'd had
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a lot of success, had done
a lot of really good and wonderful things
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in the the telecom space for during
those three opportunistic times in the marketplace,
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and so I decided to look around
and had a friend who was a CFO
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and this in the industry, the
senior living industry, and I thought,
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you know, what a wonderful opportunity
to have more of an impact, more
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significance, if you will, from
what I do every day, instead just
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trying to you know, Max my
cells and make more money and all that.
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So that's how I ended up and
this space, it's been trying to
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quite a transition for me. I've
been here for about three years and the
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things that we're doing here are pretty
similar to be to be cells and marketing.
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It's a complex cells environment where you
have multiple decision makers, you have
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long cell cycle. The cost of
our product or solution is pretty significant for
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the people that buy it. Were
a private pay provider, so we take
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insurance, but we don't take like
Medicaid, medicare anything like that. So
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it's a significant decision for for people. So the cells environments very similar.
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Complex Cell and what we're doing here, our cells approach is very specific.
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We want to be a guide,
a resource. We want to be helped
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to the families that are making the
decision for their love and whether it be
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mom, Dad, grandma, Grandpa, who have whoever that is. We
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actually tell them. Listen, we're
a resource for you. We hope you
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move to one of our communities,
but if you don't, that's fine.
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I want to help you find the
right place for your mom or Dad.
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And that approaches worked well for us. It's a lot different than my experience
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from the past. You know,
twenty five years or so own telecom,
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but it's been fun. I'm enjoying
it and and it's working well. Above
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that, thanks so much for sharing, Derek. I mean that actually dies
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pretty head on to where we were
headed with this episode, and I guess
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could you share with us and the
listeners a little bit about the difference between
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helping the business versus helping the people
and like some of the ways that you've
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gone about doing that at legends in
your living yeah, so one of the
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biggest differences in at least my experience, has been between helping the business and
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helping the people. In this space
it's a very emotional decision. You're talking
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about someone who's maybe lived in a
home for thirty, forty years and it's
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they just can't live there anymore.
You know it's not safe form. Maybe
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they've been diagnosed with a case of
dementia and maybe if you get to turn
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off the stove or they might wander
at night or something like that. So
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it's not safe for them to live
at home anymore and they really have to
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move. And if you can imagine
leaving a home that you've lived in for
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twenty, thirty, forty years,
there's a lot of memories there and it's
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a very emotional decision the people have
to make, whereas in the business environment,
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even though it's still a complex cell, it's much less emotional and it's
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more of a objective decision where maybe
you're crunching numbers. What's the return on
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investment and, you know, what
can we get out of this investment,
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which is a lot different than getting
someone to move out of their home into
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a senior community after it they've been
there for for a while. So that's
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the primary difference. It's really surprising
how similar they are because I've talked about
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this complex cell designation and there's,
you know, multiple decision makers, longer
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cell cycles, multiple cells calls all
that. The main ingredient is that an
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emotional element where you got to help
people untangle from the position where they're currently
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at to get to the point where
they understand it the best thing for me
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and my family is to move to
senior community. So biggest difference is the
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emotional element. I think got it. So definitely, definitely can understand that
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from a from an emotion standpoint.
There's there's no doubt in my mind that
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having a emotional decision that is made
with a family with thirty to forty years
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outweighs a you know, much less
emotional decision in the BB world. And
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I guess could you also tell us
a little bit about a recent story or
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an example that you've experienced where taking
that emotional driven approach and serving as a
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guide versus a, you know,
less emotional decision that happens maybe sometimes and
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businesses. Could you share a recent
story that you either experience yourself or that
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listeners are find valuable with implementing how
this brought you success? Yeah, so
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one of the things that we do
a lot in our marketing cells and cells
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process in the senior living spaces we
utilize the concept of self persuasion. It's
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a whole idea that if I say
it, you can doubt it, but
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if you say you believe it.
And One story that comes to to mind
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recently is we had a woman,
a senior adult woman, who fell and
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had to go to the hospital and
her adult child had to come to the
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city that one of our communities is
in. Have to be kind of careful
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because of hip a standards of government
regulations. I'll just speak in general terms.
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So she had to come to the
city that our community was at and
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she came and visitors. She said, I love your community and my mom
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would be great living here. So
mom gets out of the hospital, she
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gets out of Rehab and then they
get mom back home and the daughter calls
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us and says, you know,
I'm not moving mom. Well, why?
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You know, we asked them.
Understand. We want what's best for
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your mom. What do you what
are you going to do? What?
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She's going to stay at home and
you know she's fine. She's doing well.
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And then we asked her a couple
questions. You know what? Has
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Mom fallen a lot recently, which
is not uncommon for seniors to not be
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able to keep their balance and they
fall in. Lots of bad things going
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to happen. She goes well,
yeah, this is you know, she's
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fallen before, but she's okay.
And so we add the question we asked
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is, what will happen if your
mom falls again and you or the neighbor
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aren't there to help her? Because
the the daughter, I said again,
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lived out of town in the neighbor
found her and she just broke down in
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tears. You know, she said, you know, you're right. If
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I'm not here, or the neighbors, no, I hear, who knows
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what's going to happen to mom and
it's not smart for to be here at
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home by herself. And we're going
to move her in. So you know,
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that was the emotional element, getting
them to see that that problem is
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bigger than they realized that it is. And going back to some experiences that
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I had and selling to be to
be business to business, then emotional elements
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missing. Now there's emotion in buying. People like to buy from people they
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they like, can they get along
with, and there's the fear of losing
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your job if you don't make a
good decision, and you know all that
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stuff, but none nearly like I
just described. So my approach historically been
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return on investment, total cost of
ownership, lots of things. It sells
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people will focus on. They will
help differentiate them from their competitors and the
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decision is more rational to be to
be World War, and in this world
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it's it's a lot more emotional.
So to two different examples. I hope
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that answered your question, Travis.
Oh No, one hundred percent, I
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think, and find that super interesting
because that just brought, I feel like
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a lot of the listeners into a
place that they could actually feel and understand,
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because for some people that listen they
might have parents who went through something
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similar and had to do this with
their family. So I know I think
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these were perfect examples to really hone
in on that emotional element that people that
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you implemented in your day to day
and that happens in your world and whereas
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at the end of the day,
you can also remember that, well,
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in the business world, a lot
of this decision making is rational, but
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at the same time, like if
you tie into that emotion, you can
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see the power and the impact that
can drive when getting someone to move exactly,
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and I do think that that's one
area that you know, people that
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are so own business to business maybe
conclude it didn't really tap into as as
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well as you can sometimes, you
know, where we think the people make
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decisions a lot just based upon objective, rational decisions. But you know,
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there's the old saying people buy for
fear of loss or hope of gain,
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and fear and hope are both emotions
that you can have in a business to
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business environment where you're maybe your fear
in the competition or you're hoping to gain
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a strategic advantage against him. Those
are both two very strong emotions that can
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be utilized across both be to be
and B Toc. So fear of loss
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or hope again, I'm sure love
of your listeners have heard that that old
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cell sing before. Hey, everybody
logan the sweet this year. You probably
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already know that we think you should
start a podcast if you haven't already.
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But what if you have and you're
asking these kinds of questions? How much
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has our podcast impacted revenue this year? How is our sales team actually leveraging
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the PODCAST content? If you can't
answer these questions, you're actually not alone.
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This is why I cast it created
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All right, let's get back to the
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show. Yeah, I'm imagine.
I imagine that they have. The differences
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is I don't think they've heard it
after they've heard an emotional story like you
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just shared with us. So I
think it's going to have a different impact
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on the here at this time then, previously good and as we're wrapping up,
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I wanted to ask you as well, what can marketers do right now
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to implement a more emotional or more
thoughtful approach to how they're helping their their
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people versus helping the businesses that they
work in? Well, I think one
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of the things that I've learned being
in this new space is that they've done
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a lot of research recently on why
people buy, and it's not always based
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upon what you sell, but how
you sell, and some of the research
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that I've read said that over half
of the decision is based upon that selling
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experience, and that's selling experiences based
upon maybe I've helped you see a problem
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you didn't know you had or help
you think about a solution that you didn't
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know was out there or maybe you
didn't even know existed. So you know,
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I think if you serve as that
guide, that consultant, that trusted
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advisor, and again, you know
some words that have been out there for
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a while, but they're easier said
than done. So if you utilize those
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concepts and be to be or even
to be the sea world, obviously I
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think that may separate you from other
sells people out there, quite frankly,
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a lot of sells people. They
do a lot of feature dumps, they
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show up and throw up or you
hear a wall of words from the sells
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people. But if you can really
position yourself as someone who can bring value
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to the conversation, it's a great
point of differentiation than the point. Frankly,
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a lot of sells people just don't
have the discipline, the skill set
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or even knowledge to do that and
I think my experience has been that if
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you can do that, you separate
yourself from most of the self. People
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out there love that, love that
and I feel like that's such a great
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segue into closing out the show,
into sharing something new. So bb growth
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has always been about highlighting tactics and
strategies be to be leaders can apply to
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their own teams to achieve explosive growth. And Derek, I'd love to hear
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from you, based off of your
you know, experience, like what something
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and your marketing or sales strategy that
your team is currently trying or thinking about
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in the near future. Well,
you ask a really good question. So
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that senior living industry is a pretty
conservative industry, meaning that people don't like
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to make changes for very rapidly,
you know, because it's real personal,
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because of the emotional buy and and
it's like we've done this this, we
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sold this way for a long period
of time. That will never work.
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So one thing, it might not
sound super innovative to your listeners, but
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it's very innovative to us, and
I'll tell you why it's so important.
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Is We went from we restructured our
inbound telephone lead intake process. So,
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if you can imagine, each one
of our communities has one cells person,
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at least one. So someone,
mom has a false he's in the hospital.
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I pick up the phone and I
call one of my communities. If
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that cells directors not available, generally
speaking, there's not. It's UN it's
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not likely that someone's going to be
able to have properly handle that phone call.
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So what we've done is we've outsourced
our inbound telephone lead intake process to
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a company that is available six am
to ten PM. So anytime during that
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window they call our number, it
goes to someone who's been highly trained to
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have a really good conversation with the
senior or their loved one on the phone
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and they're available during that what is
at about a sixteen hour window. So
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I don't have to worry now about
my cells directors not available. I know
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that when that person calls they're going
to get their questions answered. They're going
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to be answered on the first call. They're not going to have to leave
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their name and number and have us
get back to me, because the research
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in our industry is very clear that
if you do not answer that phone call
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on the first attempt, nine times
out ten they're not going to call you
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back and when they hang up they're
going to pick call your competitor down the
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street. So inbound lead in take
is very important because people expect answers immediately.
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We have in bound lead intake with
chat service. We have lead bound
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intake with a telephone inquiry service as
well, so that would be my thing.
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Doesn't sound super innovative, but in
this industry it is. And and
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I would highly caution your listeners that
listen. If you're missing that firstly inbound
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lead intake and not handling it properly, you're missing a lot of business.
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Now I think that's super value,
but they're regardless of industry because at the
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end of the day you shared something
super important. is in the fact that,
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no matter you know what industry you're
in, right like having a human
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available to pick up the phone when
someone's raising their hand with a question,
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whether or not they're qualified or unqualified, because I think that's one stigma that
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that happens in the the BB world. Well, we have a lot of
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people raising our hands but they're not
fully qualified for our service, so we
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don't give them the time of day. And right that's something that I've found
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is yes, they might not be
fully qualified for Your Business or solution.
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That person's calling you for help and
if you have a sales team and you
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have reps that are trained, that
they understand, well, this probably isn't
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the right fit for you. But
let me go ahead and put point you
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in the right direction to a company
or place or even idea or resource that
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you might find helpful based on where
you are right now in your specific journey.
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So, yeah, I think it
was extremely valuable, regardless of industry.
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So thanks so much for for sharing
that and, Derek, this has
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been such a great conversation. If
listeners want to stay connected with you or
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follow up to any of the questions
or topics that you covered, what's the
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best way for them to connect with
you? On linkedin, I think is
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the best way. I'm on Linkedin. My name is Derek Darrek. Last
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00:18:21.869 --> 00:18:26.500
name is sharts SCCHRTZ. You search
for that and I think you'll probably have
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00:18:26.619 --> 00:18:30.700
a pretty easy time find in me, because there's not a lot of names
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spelt like that. It's pretty unique
name. So just give me a shout.
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Reach out to him and be glad
to talk to anybody that wants to
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visit. I love talking about cells
and marketing to strategy and all that fun
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stuff. So awesome. Thanks so
much, Derek. Really appreciate you being
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on the show today. Thank you. Thanks for having me. Enjoyed it.
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We totally get it. We publish
a ton of content on this podcast
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00:18:56.880 --> 00:19:00.079
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00:19:00.200 --> 00:19:03.880
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