Increase New Customers 30% or More by Overcoming this One Hidden Lost Opportunity

Increase New Customers 30% or More by Overcoming this One Hidden Lost Opportunity

Released Thursday, 20th June 2024
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Increase New Customers 30% or More by Overcoming this One Hidden Lost Opportunity

Increase New Customers 30% or More by Overcoming this One Hidden Lost Opportunity

Increase New Customers 30% or More by Overcoming this One Hidden Lost Opportunity

Increase New Customers 30% or More by Overcoming this One Hidden Lost Opportunity

Thursday, 20th June 2024
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Episode Transcript

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0:03

Welcome to the Brian Wright Audio Experience

0:05

, a podcast dedicated to helping

0:07

entrepreneurs grow their business , make

0:09

more money and successfully navigate

0:11

through the chaos of life , all

0:13

while working , spending and stressing

0:16

less . And now your host . He's

0:18

a husband , a father of two , an

0:21

international business and life coach , and

0:23

a trusted motivational speaker for some

0:25

of the most respected companies in the world

0:27

, such as Invisalign and many others

0:29

.

0:30

Brian Wright , hey

0:32

, brian Wright Show Nation . Welcome inside the broadcast

0:35

booth , brian Wright here . Welcome into another edition

0:37

of the Brian Wright Show . If you're watching on our YouTube

0:39

station , hey there , appreciate your support , as

0:41

always . Thumb this video up for us and share

0:43

it with your friends and colleagues . If

0:45

you're listening on all the audio experience channels

0:47

out there . Thanks for your support as well . Write

0:49

us a nice five-star review . Give us just

0:52

a good referral source to your friends , your

0:54

colleagues , your family members , whatever it may be

0:56

, anyone that wants to learn , get

0:58

better , improve their life , their career , and

1:00

or for the entrepreneurs out there , your businesses and career . And or for the entrepreneurs out

1:02

there , your businesses . And we keep rocking along . Thousands

1:05

of downloads . We're now in multiple

1:07

countries and I love

1:09

it and we're going to . You

1:14

know I've I've told you this in a couple episodes . Sometimes the whirlwind

1:16

with my other podcast , the new patient group podcast , and speaking for Invisalign

1:18

and and just coaching all of you out there are private

1:20

client customers that bring me in . Sometimes

1:23

the whirlwind keeps me from doing more episodes

1:25

than I would or less episodes

1:27

than I would like . But we're back . We're

1:30

back with another edition and today's going to be a very

1:32

quick one , mainly a lesson . We've

1:35

done a lot of leadership and culture

1:37

so far on this podcast and

1:40

I want to . While everything is

1:42

leadership and culture so when we talk about

1:44

hospitality training and verbiage

1:46

and sales training , presentation

1:49

skills all of that I still want all

1:51

of you to think about is it still being

1:53

under that leadership and culture bucket ? Because

1:55

if your mindset isn't right , if your

1:57

commitment to relentlessly training

1:59

your people , if that mindset and

2:01

commitment isn't there , then it doesn't

2:03

matter , the training does not work . Okay

2:05

, and today's kind of a two topic One it's leadership

2:08

, it is mindset , because I need you to think about

2:10

this different , but also how . You

2:12

how and this is going to be a little bit of a series

2:14

that I'm going to do , probably following

2:17

up with the next episode that dives into the

2:19

actual way . You need to train your

2:21

receptionist how to speak , need

2:23

to train your receptionist how to speak . We're going to dive into what

2:25

the halo effect is . The

2:30

halo effect has a huge impact on whether or not somebody is going to buy powerful psychological term

2:32

. But today , the mindset that I need all of you to have if you

2:34

want an increase in customers instantly

2:37

. It could be whatever type of business you

2:39

are you could be a doctor's office , you could be a law

2:42

firm , you could be a realtor , you could be a

2:44

day spa and I see this in day

2:46

spas quite a bit , because a lot

2:49

of you out there , if you're running a solo

2:51

business and you're smaller

2:53

, a lot of you think that you cannot

2:56

of a receptionist , you can't afford

2:58

it . And I am going to change your mindset

3:06

today . Right One , there is an episode

3:08

coming . It's not going to be today , but

3:10

it teaches all of you how to look at numbers

3:13

differently , how to put numbers in

3:15

a cost aisle , but also

3:17

how to separate things that are an investment

3:20

. Right , we never look at stocks and go

3:22

, ah , I can't afford and I don't want to

3:24

buy any of them . No , we put money into stocks

3:26

because they produce a return on that money

3:28

without us having to work , and

3:31

it's the same thing . As an entrepreneur , as a business

3:33

owner , you constantly have to be investing

3:35

in your business on things that produce

3:37

a return on your time , your

3:40

money , reducing your chaos , increasing

3:43

your efficiency , like I said , increasing

3:46

the money you make . You've

3:49

got to constantly be putting things into that aisle . So , even though adding

3:52

humans to your business sometimes can add

3:54

stress , I want . The simple point today and

3:57

this is the largest leaky hole

3:59

all of you have out there is

4:02

answering your damn

4:04

phones . I cannot , and all

4:06

of you have to . Just in your regular

4:09

daily lives you have

4:11

to pay attention on how many businesses

4:13

you call wanting to

4:15

buy . It could be I need to get my haircut

4:17

. So I Google , I find five . I call

4:20

the first one . They don't answer , and this is during

4:22

regular business hours , fully

4:24

staffed . And this

4:26

happens Story

4:29

after story after story

4:31

after story that I

4:34

could talk about right now on how

4:36

me calling somewhere , them

4:38

not answering and me going

4:40

elsewhere and buying from somewhere else . You

4:42

all have those stories too . If

4:45

you simply pay attention or

4:54

infinite mindset standpoint that I teach so hard all over the world on stage and privately

4:56

with you as customers out there , that's not even your loss . When

4:58

somebody calls your business and you don't answer

5:00

and they buy somewhere else , the

5:02

real loss is now you've also lost

5:05

the repeat business from that

5:07

person and you've also lost

5:09

all of the referrals that come from

5:11

that person for life . And

5:14

these are part of the data points . That

5:16

and the pain that you can't feel

5:19

as a business . This is why people I talk about

5:21

so much . You're out there , you're spending money on advertising

5:24

, et cetera , et cetera , et cetera . And

5:26

then you don't answer your damn phones . Now

5:28

the next podcast we'll talk about . Okay

5:31

, if you do answer the phones , why ? That's a loss

5:33

too , because you don't train your

5:35

receptionist on real sales

5:37

and psychology , to know what to say , when

5:39

to say it , how to say it , presentation

5:42

, verbiage skills , and I'm going to go into

5:44

the importance of that because for all of you , especially

5:46

as small businesses , your phones are

5:49

the largest leaky hole

5:51

, largest lost opportunity cost

5:53

there is . But you're not

5:55

feeling the pain . We see

5:57

it with my company , rightchat . That's over in

5:59

healthcare that answers new patient calls for

6:01

practices and we either answer

6:03

all of them or we're the emergency

6:06

backup . But a call center some of you out

6:08

there you may have one they're worthless , like

6:10

nobody's leaving a voicemail anymore

6:12

, everybody's just going to the next person on

6:14

Google . And when this happens

6:17

you don't feel the pain because whatever you charge

6:19

, it could be a hundred bucks a case . Your average customer

6:21

and you should know this number , what your average sale

6:23

is worth . You

6:26

don't feel it because it doesn't go

6:28

into your bank account and then it isn't ripped

6:30

out , and this is something I'm so

6:33

, so , so passionate about

6:35

, because all

6:37

of us feel it whenever we're

6:39

shopping around . It's aggravating when somebody

6:42

doesn't answer . It's aggravating when

6:44

they do answer and don't handle the call right

6:46

. But we all have called business

6:48

after business , after business that didn't

6:51

answer their damn phones , after

6:55

business after business that didn't answer their damn phones , forget after hours Like should you

6:57

answer them too ? Yeah , but the main leaky hole

6:59

is when you're fully staffed , right in the middle of the day

7:01

and I brought up spas earlier the reality

7:03

of the spas is a lot of times you

7:05

get a one-person operation and

7:07

she's doing the facials , the

7:09

massages , whatever it may be , or all the above

7:11

, and meanwhile when you're in

7:13

a session and the phone rings , what happens ? You don't

7:15

answer it . And I

7:18

have whether I've been a customer at places like

7:20

that or I've called to be a customer

7:22

at places like that I have seen one leaky

7:24

hole after another Law firms , doctor's

7:28

offices , I mean , think about all this . A lot of you

7:30

all out there follow me . You know , you

7:32

know my niche over in the doctor

7:35

space the orthodontic dentistry . Think about

7:37

if you typed in Invisalign . You see

7:39

a commercial . You type in Invisalign into Google

7:41

. Think about what you would do

7:43

when you called the first orthodontist

7:45

and they didn't answer . What would you do

7:47

? You're not going to leave a voicemail . You're going to

7:49

go to the second person on Google . You're going to

7:51

call them . If they don't answer , you're going

7:53

to go to the third person . You're going to get somebody that

7:55

answers and handles that call right , makes

7:58

you feel special and comfortable . You're going to schedule , you're

8:00

going to go in , have to

8:02

take the initiative to do whatever you can to get it . You have to answer

8:04

the damn phones and

8:18

this will increase your new customers , your new patients , your new clients . You will see a

8:20

20% increase in one year just by answering

8:22

the phones . For some of you you're going to see 30

8:24

, 40 , 50 , 60 , 70 , 80%

8:27

increases . I've seen that . I'm

8:29

not going to sit behind the mic and over promise

8:31

things , but you will all add customers

8:34

and you've got to get

8:36

your head off . Just like I've talked about their

8:38

paper . You cannot look at the paper and go

8:40

I can't afford a receptionist or

8:42

I can't afford one that's untrained or whatever

8:44

it may be . You can't do it because

8:46

it is an investment to make sure those

8:48

kept , those phone calls are captured and the

8:50

real , infinite minded and this is hard is that

8:53

you may look at and

8:55

say , okay , let's say I hired a receptionist and

8:58

let's say they added three more customers

9:01

a month instantly . Well , the

9:03

receptionist still costs more than

9:05

what those customers are going to pay me right

9:07

? So , like in the orthodontic profession , that charges

9:09

five , six , $7,000 for an Invisalign

9:12

case . If you add two

9:14

or three starts just a month . Imagine

9:16

the transformation from a revenue standpoint

9:19

for that practice . But a lot of you out there

9:21

, you don't charge that much per

9:23

transaction . But what you have to remember

9:26

is that this is the infinite mind

9:28

. It's okay . How much now

9:30

is the repeat buying of that customer

9:33

? How much now is the referrals

9:35

worth ? It's the ongoing journey

9:37

and if you're sitting there going , well , I don't know if I can

9:39

get a referral . That's a sign of why

9:41

you need experience training . This is a

9:43

sign of why you need this podcast . This

9:46

is a sign on why you need what we teach

9:48

, because if you're not getting

9:50

at least one new customer from every

9:52

one of your customers a year , you

9:54

have a problem that needs

9:57

to be fixed by teaching your team

9:59

how to ask , when to ask , why

10:01

to ask , creating an experience

10:04

that's so unique for your customers that

10:06

they feel obligated to go do that in return

10:08

for you . So there's a domino

10:10

effect from this , but you cannot look at it

10:12

as a one transaction . You have to

10:14

look at what's the next transaction worth

10:16

? What's the lifelong journey of a

10:18

customer worth to me ? What

10:21

is also the referrals ? What are those worth

10:23

to me ? A referral is always a better

10:25

customer than

10:27

some random Joe that finds you on Google , and

10:29

it's also a much cheaper customer than some random Joe that finds you on Google , and it's also a

10:31

much cheaper customer than some random Joe that finds you on

10:34

Google . All right . So the simple message today answer

10:36

your phones and all of you out

10:38

there , every single one of you

10:40

. You are losing business

10:43

and for some of you , who have a higher transaction

10:45

cost , you are losing millions in

10:47

your existence by not

10:49

picking up your damn phones

10:52

. And these are things trust me

10:54

on this these are things that not

10:56

only happen to every one of you . This is another

10:58

reason why our following is niche

11:00

and how I make you all unique out there

11:03

, because 99% of people

11:05

they will leave

11:07

after listening to a message like this and

11:09

still do the same stuff . They will leave

11:12

and still say I can't hire

11:14

somebody , they will leave . And let's say you do have

11:16

somebody , but you know they're distracted because

11:18

they're also greeting people when they walk through the door

11:20

. They're handling existing customer calls . Like

11:22

you have them doing eight things . Those

11:25

are still going to be problems . The niche is for

11:27

those of you out there that are actually going to do

11:29

something about it . It

11:32

will transform your business . If

11:34

you simply answer the incoming

11:36

new customer calls that you are

11:38

currently missing and you all

11:41

are missing them , you just can't put

11:43

your finger on the fact you are . You

11:45

can't put the finger on the loss . You can't put the

11:47

finger on the ongoing loss and you can't put

11:49

the finger on the referral

11:51

source loss that comes with that and

11:53

how that adds up to thousands upon

11:56

thousands of dollars over the course

11:58

of your customer journey just

12:00

by missing one call . All right

12:02

, answer your phones . That's the message , everybody . Thanks

12:04

for listening . We'll be back with another edition of the

12:06

Brian Wright Show in the near future . Bye

12:08

, everybody .

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From The Podcast

The Brian Wright Show

Interested in improving your business culture and leadership? Want to increase new customers, sales and revenue? Want to reduce stress, chaos and advertising expenses? If yes, you have come to the right place.  Welcome to the Brian Wright Show, the top rated and best entrepreneur podcast that can be listened to on all major podcast channels. Brian Wright is one of the lead business consultants for AlignTechnology, the Makers of Invisalign and a top rated business growth consultant for some of the most well respected entrepreneurs across the globe. He has dedicated this top rated entrepreneur podcast to helping business owners grow their business, make more money and successfully navigate through the chaos of life … all while working, spending and stressing less. This podcast is dedicated to entrepreneur business owners, their employees and their family members. Anyone wanting to grow their business, their career and/or their life this podcast is for you. About your Host:Brian Wright is an entrepreneur, business and life coach, leader, philanthropist and motivational speaker for some of the finest companies in the world, such as Invisalign and more. He has helped thousands of business owners thrive and is trusted by some of the most well known entrepreneurs across the globe as their business and life coach. His life is dedicated to helping business owners, their employees and their family members thrive during any economy. You can also watch the podcast on The Brian Wright Show YouTube Station.

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