| The
Power of Testimonials
By Jennifer Beever
We meet a lot of business owners and entrepreneurs
who have great products and services. They want to market these products and services
in the fastest way possible to generate sales and revenues for their business.
When we create marketing plans with our clients, we stress the power of testimonials
as a marketing tool. Testimonials are third-party, credible evidence that your
product or service provides benefits to the buyer. Testimonials are much more
likely to be believed than ads, direct mail, and other promotional material. In
some industries, such as high technology, the number one reason for buying a product
is a peer testimonial. As a business owner, the first thing you need
to understand is that if you don't have customers, you don't have a business.
The initial marketing of a new product is tough. No one has heard of your product
or company, and you have no success stories. You need to focus on the benefits
of your product or service and paint a picture of what the customer or client's
life will be like after they buy. Without testimonials, the selling cycle in the
initial stages will be longer than normal. To shorten the sell cycle, offer extra
incentives to your first customers. Extra service, reduced prices, additional
product, trial periods and guarantees can provide the incentive necessary to get
those first, critical customers.
Effective testimonials should represent
the customer or client that you want to attract and the products or services that
you want to sell. Identify your ideal client profile and begin marketing to that
profile. If possible, identify who in your target industry might respond first
to the product or service you offer. For example, in the high tech industry, a
small percentage of buyers are called "early adopters" (Geoffrey Moore, Crossing
the Chasm, New York: Harper Business, 1991). These are "techies" or visionaries
who love new gadgets and are more likely to buy new and untested products.
Start-up companies, or businesses with a new product line, should choose their
first customers carefully. In technology companies where products are often rolled
out in alpha and beta test stages, the customers testing must have certain elements
to ensure success: | | 1.
Management support for the use of the product or service in question 2. Infrastructure
to implement the product or service 3. Agreement to allow their story to
be used as a testimonial |
Broach
the topic of the testimonial early in your conversation with potential customers.
Some businesses even make testimonials a contractual issue - if the project goes
well a testimonial is expected - and the agreement is put in writing.
In the software industry, companies have experienced delays of months or even
years because they did not choose their early customers carefully. The customers
were often too dysfunctional to implement the product correctly, requiring that
the software company begin the lengthy sales cycle all over again: prospecting,
selling, closing, and implementing. Additional sales were delayed because there
were no solid testimonials.
Testimonials, especially those in print,
require written permission from the customer. Get a signed and dated release,
because the last thing you will want to do is rewrite and reprint your marketing
collateral if someone changes their mind and files a lawsuit preventing you from
using material already printed.
Testimonials should be created or recorded
and sent to the customer with the release form for approval and signature. In
creating a testimonial, it is easiest if you record your conversation with the
customer so that you can take your time in choosing the best statements that the
customer made. In some cases, customers may ask you to draft a statement which
they then edit, approve and sign.
When you create a testimonial, build
it in three parts: the situation, solution, and results. The situation describes
the problem encountered, the solution (your company or product) and the results
received. The testimonial should tell a story that ends with what benefits or
results the customer received by using your product or service.
In summary,
the testimonial may be one of the most powerful marketing tools you have. Put
at least three testimonials on your web site and in your marketing materials.
Carefully choose your testimonial clients or customers, making sure that each
one represents the size, industry, and type of work you want. Get written permission
for all testimonials, especially for those in print.
To receive
a sample publicity release form, contact author Jennifer Beever at 818-347-4248
or jenb@newincite.com.
Jennifer
Beever is a marketing consultant and founder of New Incite Marketing Analysis
and Design. New Incite is the outsource resource for growing businesses. The company
provides marketing planning, implementation, results tracking and organizational
development services for its clients.
This article may be reprinted with permission of the author.
Please contact Jennifer Beever at 818-347-4248 or by email, jenb@newincite.com,
for permission. Proper acknowledgment of the author, including name, company,
and contact information, must be made with use.
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