Growing Credibility = Growing Profits (Part 5)

Prospects… your business shrivels up without them.

But, even when you got them… odds are high they’re thinking  (excuse my french) “Bullshit” when they look at you and your offers.

In other words…

THEY DON’T BELIEVE YOU!

And that’s a big problem.  Because skepticism plummets conversion rates.

Often it’s the biggest barrier to climb transforming prospects into clients.

And online — if you’re not trusted you don’t get wealthy.

But, have no fear… because if you’re struggling with skepticism, here’s…

YOUR SOLUTION

And the solution is leveraging credibility devices for all they’re worth.

Now, in recent posts… I’ve already given you 16 credibility devices.

Just to jog your memory, here’s a quick rundown.

In post numero uno, we covered:

1 – The Powerful Demonstration
2 – Results In Advance
3 – Marquee Clients
4 – Track Record
5 – Powerful Associations
6 – Unique Mechanism

You can find out how to leverage these credibility devices here:  Marketing An Online Business? Step #1 – Create Credibility

In our second post, we covered:

7 – Displays Of Knowledge
8 – Personal Endorsement
9 – Case Histories
10 – The Sinatra Test

You can read about leveraging these here: Marketing An Online Business? Step #2 – Boost Believability

In our third post , we covered

11 – Innovation & Being On The Cutting Edge
12 – Leveraging Research & Studies

I break down them down for you here:  Marketing An Online Business? Step #3 – Pile On The Proof!

In our fourth post , we covered

13 – Media Mentions
14 – Leveraging Social Proof
15 – Being A Specialist
16 – Client Contests

They’re yours for the taking – just go here:  Marketing An Online Business With Credibility… Believability… And Proof!!! (part 4)

Alright, now that we’ve covered where we’ve been – it’s time to add more ammunition to your credibility arsenal.

Here’s my beach office view as I settle in and put these powerful proof elements at your feet…

beach credibility

With a view like this – it’s hard not to be inspired to give you my all.

So… here it goes…

#17
Leveraging Success Of The Method

What It Is: Proving the validity and power of what you are offering (you’re solution).

This is an easy way to establish greater credibility when you’ve got little of your own to leverage.

Why It’s Powerful: While your prospects might not believe you (yet), they desperately desire finding a solution they can believe in.   So when you can prove the validity of the solution you’re offering you increase your credibility by association.

Example: If you’re selling a business coaching program you can cite famous entrepreneurs and CEO’s who’ve used coaching.  You can cite studies (if you find them) about the difference coaching makes on the probability of success. You can cite research showing the biggest causes for business failure and show how coaching inoculates entrepreneurs from them. Etc…

If you’re selling an eBook on dog training – you can cite the number of dog owners who successfully train their dogs without a dog trainer. Y ou can share stories of dog owners who successfully trained their dogs.  You can cite the research showing that dogs who are trained become loving members of the family and those who aren’t are often taken to a dog shelter. Etc…

How To Do It: This requires research – but it isn’t difficult.  Think about the method your products or services are based on.  Then set out to find everything you can about the method itself.  Next, think through the problems your prospects are experiencing and look for anything you can find that shows the methods you use to solve those problems.  See if you can find any stories about famous people using the method.  Then crystallize everything you found in a compelling way that proves your case.

#18
Awards & Spotlights

What It Is: Sharing any related awards you or your company has received.

Why It’s Powerful: If industry insiders respect you – then it’s a small step to believing you’ve really got the goods.  It gives your prospects a shortcut to believing you because others have already done the hard work of sifting through your story and your accomplishments.

Example: Jeez, there are so many I could show you – but here’s the easiest one.  It’s from Early To Rise, when they honored me by awarding me Marketer Of The Year back in 2007.

Marketer Of The Year

Now, while I received this award just by doing my thing… you  don’t have to wait for someone to notice you… instead you can actively search out awards.

How To Do It: Awards are being giving out all the time online.  Just head over to Google and do some searching. There are blog awards, website awards, industry awards, etc…

And if you’ve got a good blog and nobody is ranking the top blogs in your niche – why don’t you think about starting an award for best blogs in your niche.  Just contact some of the other bloggers in your space and figure out a way to get everyone in on the party.  Possibly make it a rule that no one can vote for themselves and see where that takes you.

#19
Certifications & Degrees

What It Is: Sharing accomplishments that help establish you’re an expert in your area… or that you’re just a smart person.

Why It’s Powerful: We tend to grant others expert-status or increased intelligence when they’ve got the background to support it.

Example: I don’t talk about it much… but here at Strategic Profits we’ve got a couple of Harvard alumns.  I only spent a semester there, but Brian got his degree there.  Hey, maybe that’s why I don’t mention it… cause Brian has me beat in this area (smile).  But for those who don’t know my track record, or any of my other accomplishments, this can be a powerful credibility enhancer.

Another example comes from my time in the hypnosis business.  While there was no licensing requirements in NY state, all of our hypnotists were certified by the American Institute of Hypnotherapy, and we actually became an approved training facility too.  This increased our perceived expertise and put many of our prospects at ease because they were dealing with professionals.

How To Do It: Have you taken any courses, gone to any prestigious schools, or been certified in anything that helps prove to prospects you know your stuff?  If so, don’t keep them to yourself – let the world know about it.  And if you’re coming up short – think about what type of training or certification would add to your chops.

For example, I know quite a few marketers who took Jeff Walker’s Product Launch Manager course so they could get more marketing clients.  And from what I’m hearing many are getting clients based on their certification.

#20
Arming Affiliates & JV-Partners
With Credibility Boosting Content & Messaging

What It Is: Giving your affiliates and jv-partners swipe copy that not only sells your products and services but also extols your expertise in the process.

Why It’s Powerful: When you say positive things about yourself – it’s suspect and comes off as bragging.  But when others give you accolades it comes off believable.

Example: I used this method extensively in my first few launches. The way I saw it – it was a shrewd decision.  It not only helped make sales for my affiliates, it also quickly educated the entire marketplace of my accomplishments – because affiliates and JV-partners were mailing a large number of prospects.  This way even those who didn’t buy were exposed to my story.

Here’s a screen shot of the pop-up that was awaiting every 1shoppingcart user back from my very first launch…

1shoppingcart-screenshot

And almost every email sent out promoting my reports or my programs had within it a credibility piece about me or Strategic Profits.

How To Do It: Before your next affiliate or JV deal – take some time to think through what you’d like the world to know about you that will also reinforce the sales message your partners will be broadcasting.   I’m amazed more marketers don’t realize the power of having your partners position you and extol your accomplishments.  It can be incredibly powerful – so spend the time it takes to really make it tight, packing a wallop of proof in a small space.

Then every time you do a deal – you’ve expanded your credibility.

#21
Displays of Honesty & Integrity

What It Is: Admit a mistake, flaw or lapse in judgment that shows you’re human but then immediately make up for it.

Why It’s Powerful: It’s disarming when a marketer tells the truth about something most would rather sweep under the carpet.  It makes everything else you claim have a greater ring of truth to it.

Example: Back in February of 2007 when we did our first free live web-stream from a seminar, I dropped the ball.  I planned on presenting new groundbreaking information – but instead ended up giving a presentation I had given many times.  If you’re curious why – you can read all about it in the original blog post where I apologized.  Here’s the post – An Unintended Lesson In Business.

After admitting my mistake, I immediately made good by recording the presentation I was planning on giving and let everyone access it for free.  And, in the process, showed while I do make mistakes… I’m quick to take responsibility for them and to make things right.

How To Do It: Next time you make a mistake… think about how you might be able to turn it into a win for you and your prospects.  Instead of hiding and retreating… stand tall, admit it, and make things right.

#22
Your Results In Aggregate

What It Is: While sharing personal stories, case-studies, and testimonials are powerful… grouping the grand total of them all often packs a powerful proof punch.

Why It’s Powerful: When you sum up all the successes of your clients, often it’s surprising what you come up with.  You end up with an incredible proof for your products and services.  If you teach marketing or business growth (like I do) then you might aggregate the total sales increases, or the total sales of your clients.  If you sell dog training – how many happy dog owners have you helped?  If you’re an interior designer how many rooms have you transformed? Etc…

Example: Here’s an example from the sales letter for our Business Acceleration Program…

Credibility And Proof Of BAP

See the bio?  Doesn’t it sound impressive that my clients were “raking in more than $500 million every year — and piling up more than $1 billion in sales every two years?”

I haven’t totaled the amount recently – but I’m sure it’d be a lot more.  But the point is this:  everything sounds more impressive in aggregate.

How To Do It: Look at all the clients you have – is there an interesting aggregate number you can come up with?  Or how about your entire email list?  Couldn’t you make the claim that everyone on your list relies on you and your company for advice in your area?  If you’re list has 50,000 prospects on it and you sell dog training… couldn’t you say 50,000 dog owners rely on your advice for having a well-behaved dog?

Bottom line – think creatively about your business, your clients, your prospects and see if you can come up with a magic number in aggregate.

Gosh Darn It… Where Does The Time Go?

I just checked my watch… I’ve got to boogie to the office if I am going to get this post up before our daily meeting.

And I thought I’d wrap up credibility today – but I didn’t.

Here’s what’s on deck for tomorrow at 10:00 am…

  • Referrals
  • Powerful Guarantees
  • Graphs, Charts, And Visuals
  • A Company Credo
  • Specificity
  • The Halo Effect
  • Being Congruent

Plus (if there’s time) I’ll also tell you what I’ve been up to – and why I took a break from blogging.

But before you go…

*******************************************************************************************

I’ve got 2 quick question for you…

  1. What’s your favorite way to establish credibility?
  2. What questions do you have about using these or any of the others we’ve already covered?

*******************************************************************************************

Oh yeah, don’t forget to tweet and stumble this too!

To higher profits and beyond,

Rich Schefren

**********************************UPDATE***************************************

This Post Is Continued Here:

Building Credibility… Boost Business Profits, And… Light The Fuse For Massive Amounts Of FREE TRAFFIC!

***********************************************************************************




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Comments:
  • http://marketingwithyou.com alex jeffreys

    hey rich,

    fab blog post – i know this post will add many thousands of extra dollars into our account over the coming weeks ahead as i not only arm my JVs with emails that convert clicks to our new report and sales video.

    but also arm them with credibility boosting content, – this i will be thinking about alot over the next couple of weeks,

    also – im really looking forward to checking out the new blog post on graphs charts and visuals, as my business REALLY lacks this and i know its very important for the prospect & customers learning experiance,

    thanks man

    alex

  • http://www.effectivebusinesspresentation.com Paul Elliott

    This isn’t directly an internet marketing channel, but my favourite way to establish credibility is to get on stage in front of an audience of my prospects. A powerful presentation builds solid credibility.

    And I do have a question. When it comes to innovation do you have a process, or set of questions which guide or prompt your thinking?

    Thanks again
    Paul

  • http://www.ChrisBrisson.com Chris Brisson

    What I really love about what you’re putting together is that you’re really creating a document a working guide and checklist to start adding believability, credibility, and authority in your market.

    Definitely a print out.

    It’s like… “Ok… awards. Check. Case Studies. Check. Research and studies. Check…”

    Go down the list to add as much cred as possible. Another great post…

    Chris

  • http://www.designerprofits.com Sean O’Sullivan

    Hi Rich

    Good to see you back. There was some tapping of toes and drumming of fingertips while you were away..

    1. What’s your favorite way to establish credibility?

    I generally get to use the “fixing my mistakes” method more often than any other LOL.

    Seriously though, apart from doing it myself, I think everyone (excuse the wild generalisation) can easily remember times when a company “fixing” a problem, led to a better impression of the company, than a smooth first-time service may have given.

    Just today I had a problem registering for an online service (http://www.topsalesexperts.com/ … nothing to do with me, but to give due credit) .. their site had a technical glitch; I emailed their support just out of courtesy to let them know they had a problem; they were back to me in an hour, problem solved, with a thank-you & complementary (online) gift. I was and am impressed.

    2. What questions do you have about using these or any of the others we’ve already covered?

    Interesting to see somewhat fewer comments (right now at least) on the blog, which I expect reflects your absence. Which leads me to my question; how does one find the right balance in terms of using personal branding & social media. How does one do what needs to be done, and still have a life – specifically in the context of social media engagement?

    With the web/social media being what it is, can one build their business without becoming too identified with it? Does one want to? How can one create a personal brand and leverage that, without becoming a slave to the machine.

    As a generic observation; I believe the beauty/strength of social media marketing is also it’s key challenge; it comes down to the person. That’s great – fantastic – for small businesses for that exact reason. But how is that initial success leveraged without creating a dependency? How is it best systemized?

    If you were starting today, would you identify the brand as strongly with yourself as you did with Strategic Profits? Would you approach your initial launch and first years differently, to set a different stage?

    Looking forward to your thoughts.

    All the best – Sean

  • http://www.strategicprofits.com Rich Schefren

    thanks alex… and it sure is… i can see you using results in aggregate very powerfully since you’ve got so many client success stories.

  • http://www.strategicprofits.com Rich Schefren

    agreed paul… i am trying to keep these suggestions focused around online marketing – but i would certainly agree live presentations pack a powerful punch

  • http://www.strategicprofits.com Rich Schefren

    LOL…chris… i am actually thinking about taking all these credibility related posts and turning them into a pdf report that would be a premium bonus on a few of our related products… great minds think alike!

  • http://www.strategicprofits.com Rich Schefren

    great story to share… kudos to the company you mentioned.

    yes, my absence has cooled the blog a bit… but i am experimenting right now… i’ll reveal all in future posts… i playing around with what works and what doesn’t, so there’s more to it than simply what appears on the surface right now. sorry for being so vague but don’t want to throw anything off right now.

    i think your insights about social media are true – but it doesn’t have to be that way – i know many blogs that have groups of bloggers and there are lots of other options… if you’re game bring up the question again, and i’ll certainly address it – because it’s a common misperception that i think we can clear up for many.

  • http://robburnsbrain.com/ Rob Burns Brain

    I think the best credibility builders are testimonials from folks you have done an exceptional job. Build a great product, go above and beyond servicing your clients and you will have a credibility machine!

  • http://www.designerprofits.com Sean O’Sullivan

    Hi Rich; yep, will bring it up again for sure, thanks for the invite.

    I’ve seen many blogs with groups of bloggers – in fact, seems to be more the norm than the exception at this stage – and while I believe it’s a very useful model in particular in terms of profile-building, it has its drawbacks in terms of brand ownership. Would love to see you dive into this subject, and will as you say ask again.

    No need at all to be sorry for being vague; you dont owe us explanations, and what would a good marketer be doing without leaving us some fill-in-the-blanks gaps:)

  • http://www.salestipsmarketing.com Barbara

    Thanks Rich,
    Your advice is solid for our offline work with clients as well as our new work to expand our online businesses. You always give us more substance on your blog than most do in their products we’ve paid for in big $$$. Thanks for setting the standard for all of us … Cheers!

  • http://generositymarketing.com Bryan Bliss

    Rich,
    I think one of my most used and most effective ways of establishing credibility is to develop rapport.
    I try to create an environment where my enthusiasm, my genuine empathy and energy is unmistakable.
    I think I talk better than i type so any chance i get to make a face to face, eye to eye connection I optimize.

    A solid handshake with a confident comfortable look in the eye works for me.

    For online marketing, I think it even works pretty well if im just offering a video too.
    In person i take note of the pace, the tone, the moods, the body language, the vocabulary, the eyes, the breathing… all that i can subtly observe while just giving my client or prospect my full attention and then I vary my tone/pitch… etc to either mirror, or also to implement strategically an opposite or novel behavior to create a sense of harmony, rapport interest and connection.
    Trying to SEE who they really are,
    understand and empathize with what they really want, honestly judging if I can be of real value and service,
    then delivering,
    demonstrating and empowering to strengthen the connection.
    one at a time.
    thats my way.
    Not exactly scalable to launch me into the ranks of IM gurus, but making waves, making friends and making profits along the way.
    thanks and take care
    Bry

  • Dion GeBorde

    Rich,

    Outstanding information. I agree with Chris Brisson about the checklist quality and enjoy the real temple-tapping questions like those from Sean O’Sullivan.

    In answer to your questions:

    1. I’ve got a credibility strategy that was recently honed with a prospect who asked to speak with clients with whom I’d FAILED. This is an extension of a strategy I use that you haven’t mentioned, which is: talk about what or whom my services are NOT good for (I, too am a business/marketing/IM consultant with a background in hypnotherapy).

    I guess you could relate it to the concept of admitting a mistake, but it has the added element of allowing prospects to pre-qualify themselves … as well as to say, “Oh, this guy isn’t going to take just anybody; I better make sure I meet the standards.” A bit of the old AmEx “Many will apply; few will be accepted.” Positioning, I guess. Anyway, for this client I was able to provide him references of clients who saw the value of what I had to offer, but didn’t implement the ideas, and thus failed. What’s kind of cool is that I am still friends with past clients both successful and unsuccessful. A testament to the quality of relationships we develop.

    2. I have no questions about what you’ve talked about thus far, except to qualify. Put simply: when is it more appropriate NOT to use one or more of these strategies, if ever?

    Thanks for working hard so we don’t have to … as much. ;-)

    Make it a great day,

    Dion

  • http://www.ZackCovell.com Zack Covell

    Credibility can be difficult to PROVE and PROOF can lack credibility…so I believe there’s a balance in what exactly you say in your marketing messages and how “approachable” you seem online.

    In other words, to simply plaster you phone number and website everywhere but not have any valuable content to back it up you are shooting yourself in the foot…and wasting your time.

    Thanks for the Post here…

    It sure is hard to compete online when some peeps have entire arms of their marketing outsourced to the pro web developers and ad copy writers, etc.

    I’m fairly new to the online world and I have found no success financially, but amazing growth personally and professionally from associating with others online for nearly 6 months now.

    Zack’s Green Marketers Blog

  • http://www.strategicprofits.com Rich Schefren

    while i agree testimonials are powerful… i’d say using many of the techniques i covered here and in the previous post would be more powerful or would supercharge the effect of just testimonials

  • http://www.strategicprofits.com Rich Schefren

    thanks barbara…. i appreciate the kind words – and i am glad you are getting value out of my posts.

  • http://www.strategicprofits.com Rich Schefren

    bry – i definitely think video adds credibility – certainly. putting a face and person to the name is more powerful than most realize.

  • Ely

    Rich,

    May I ask you a question? Why most mails from you include invitations for webcasts? When you do webcast, you immediately forfeit everybody to whom the time is inconvenient, and you schedule yours (and Jay Abraham’s webcats too) at very inconvenient times. Is it because you want people to commit, to overcome some problems and hence being more engaged and willing to buy, or is it because you think that making available a record of webcast attracts just freeloaders? Just trying to learn from an example…

    About the post, good points, but why in this specific order? Is there a meaning behind it?

  • http://www.plmprofits.com Joel Helfer

    Hi Rich,

    What has helped me more than anything else is two fold.
    1. To align myself with a great product.
    2. Become a disciple who is personally taught by the inventor
    of the product. And market myself as an expert.
    3. To have pictures taken at a select live event with the celebrity inventor of the product, and the guest speakers at the event. A picture with your celebrity’s arm around your shoulder does wonders for your credibility.
    ( I guess that’s three fold ).
    4. To create a blog with great content and great comments
    from my readers.
    ( I guess that’s four fold ).

  • http://daviddunford.com David Dunford

    Hey Rich,

    really great post you have wrapped up here. Like the way you finish on ‘Your Results In Aggregate’. Definitely an easy way to start building the credibility simply by sharing collaborative achievements.

    On one of my blogs I like to share about ‘offline’ credibility, showing I have the ability to help people build their business both ‘offline’, online and bringing the two together.

    Keep the great content coming.

    David Dunford.

  • http://hiremybrains.com Volker Karl Knoeringer

    Hi Rich,

    thanks for that awesome article, no that series, what a resource.

    Perhaps this helps you, as you write on a legal pad and are a speed listener:

    I personally love to write by hand, on the other hand I’m much quicker on a keyboard (plus the transfer is omitted). So I needed a modern typewriter, something electronic, with a full keyboard and a long battery life, and as less distractions as possible.
    In the end this tool saved my sanity:
    http://www.neo-direct.com/Dana/

    It definitely could be improved on the technical side, the manual side is awesome and it’s absolutely great to effectively write wherever you want.

    Get lots done

    Karl

    PS: Give it a try, what if you love it?

  • http://www.alphaic.com Pat Bell

    Rich,
    This is the first blog post I’ve seen in the series and I’ll go back and read them all again when I have some time tomorrow. Thanks again for your consistent over-delivery.

    In my opinion, asking very astute questions validates someone as an authority and increases credibility. When you can go into a potential clients office and ask a few questions that they should be asking, and more that they have never thought about, then your credibility increases.

    Over the years, I’ve collected a list of great questions, mostly by going through Jay Abraham’s volumes of material with a fine-tooth comb. In fact, I’ve got such a great list of questions that I’ve programmed it into software.

    Why don’t you shoot me an email sometime (or have one of your staff take the lead if you’re too busy) and we can talk about how my questionnaire can grow your list.

    As always,
    To your success,

    Pat Bell

  • Kihatto

    This is it!!
    The real blueprint to making it online and offline.I cant imagine your posts are FREE.Bravo Rich

  • http://www.maidforyou1985.com Richard

    Thank you for the great post. Will these ideas work for the complete newbie, such as myself?

    Richard

    Maid For You Home Cleaning Service

  • http://www.DanBriffa.com Dan Briffa

    Very cool post Rich… as always.

    I can relate to the certifications and degrees you mention…

    My first online business was eBay trading, importing and rebranding physical products, and built that into a six figure business, now i teach people how to do the same.

    I recently found out that eBay prodvide a program where you can enroll to become a eBay education specialist providing you meet specific criteria, which i have. This will enable me to become a certified eBay education specialist and give me more credibility to prospects and leads. :-)

    Thanks for posting Rich! keep um coming!

    Dan Briffa

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  • Abraham

    Just wanted to say that I love your work Rich,
    you deliver such incredible content. I delete 80% of the marketing emails I get but I never delete an email you send me because it’s always valuable.

    You’re awesome dude!

  • http://www.thehealthnut.com.au kate

    Hi Rich and all on here,
    great content, it certainly got me thinking, I am about to do some JV promo’s.
    maybe i am too close to my ‘stuff’ I would appreciate fedback on the following. (I used you promo peice as a templete to this piece) what do you think? does it give credibility at least prompt a click to check it out?
    …someone Recommends:
    If you’re serious about improving you health & well-being
    You need Katherine Edward’s Nutri-Focus Program for Health and Healing
    Get your free copy of Katherine’s Nutri-Focus miniseries for Health & Healing – free download
    “peer quote to be added later ”
    Katherine Edwards ND. has been working with health conscious individuals and groups to recover from the debilitating effects of a wide range of health disorders for the past 18 years. It’s your chance to access her incredible knowledge in natural therapies and nutrition so you too can recover your health and well-being. FREE DOWNLOAD>>>>

    I have added some of my accreditations to the home page and my radio talk back series. thanks for those tips..love it!
    Katherine

  • http://www.internetmarketingworkshopuk.com Frank Garon

    Hi Rich:

    Killer content here – pure gold. Can’t thank you enough for sharing this. Even though I’ve been full-time online for 14 years now, I’m still learning something new every day I’m in business.

    Thanks for sharing something so valuable so freely!

    Frank

  • http://www.NahyanInc.com Nahyan

    thank you for this series and this “catch up” post
    I’ll be re-reading all of them.