Are audits still a good sales tool for MSPs?
The podcast powered by the MSP Marketing Edge Welcome to Episode 274 of the MSP Marketing Podcast with me, Paul Green. This week… Are audits still a good sales tool for MSPs?: Sell something small to start building a relationship before selling the thing you really want, which is of course, a managed services contract. Every MSP needs this strategic referral deal: There could be an opportunity for you to set up a win-win relationship with a local web agency near you, and it could get you more clients. Why your marketing must be about the prospect, not you: Your potential clients don’t care about you… they care about how you can help their business, so your marketing must be about them. Paul’s Personal Peer Group: How can you stop clients from contacting you directly? I have 9 suggestions for you to try. Are audits still a good sales tool for MSPs? If a client tells you they’ve got a Trojan, your heart sinks. But what if there was a kind of Trojan that actually made you happy because it meant that you were going to make some more money and win some new clients. And don’t worry, I’m not suggesting you infect people’s computers, but let’s talk about why this sales Trojan is a good one, how it can boost your sales and ultimately have a powerful positive impact on your MSP. We all know what a Trojan horse is, and we all know the Greek myth that gave it that name. But of course, we also know its place within cyber security, perhaps a term that was maybe used more in the past than it is today. But I believe you can use a sales Trojan horse. So what is this? It’s where you sell something small to someone to start building a relationship with them ahead of the thing you really want to sell them, which is of course, a managed services contract. As an example, you would sell them a low level service first, with the knowledge that you’re going to overdeliver, do a great job, totally delight them. And that’s going to help you to sell them a proper monthly recurring revenue managed services contracts down the line, which is always the goal of everything we’re trying to do here. MRR first. There is only MRR, everything else is just establishing the setup of more MRR. The beauty of a sales Trojan horse is that it’s a lot easier to sell someone something small than it is to ask them for a 12, 24 or 36 month contract. They might not understand technology at the level you do but they do understand that if and when something goes wrong, their business is completely screwed. So by selling them something small first, it gives you the opportunity to build up a level of trust with them to build a relationship. And this actually has a term within marketing. It’s called front end backend marketing. Maybe you’ve seen one of these people online selling something, perhaps doing something like a giveaway where they ask you to pay a little bit for postage and packing. So the thing they’re giving away, the book or whatever is free, you just pay the postage and packing. Or maybe you get a huge value item for $20, something like that. And what this person is really trying to get you to do is to buy something and feel satisfied with it, and then you’ll go on and you’ll buy something more expensive from them in the background or what’s known as the backend. They probably don’t make any money from selling you the book or the $20 item or whatever it is, but they will make money from selling you the $500 item in the background. And let’s say one in 10 people goes on to buy that item, no one would ever buy it as the first purchase, but some may bu...