Watch this YouTube video. Trust us, it’s worth your two minutes.
The fictional Rockwell Automation company featured in the
video is having a problem communicating with its prospective clients. The
jumble of jargon and technical language Rockwell Automation uses to tell
prospects about its star product is almost incomprehensible.
You may have
chuckled while watching, but that confusing mishmash of industry-specific
babble may not be too far from what you and your salespeople sound like to your
clients and prospects.
We had the pleasure of listening to SunStar friend Mary Anne Doggett from
Interactive Communications twice recently, at both the MFEA Product Council and
the IMCA Annual Conference. According to Mary Anne, many spokespeople aren’t
connecting with managers and advisors because they’re not engaging with
communication and language preferences. By learning what language patterns your
prospects are comfortable with—it’s a safe bet that industry jargon isn’t one
of those patterns—wholesalers are better able to build natural, trusting
relationships with clear lines of communication.
Have you reviewed your website, sales materials or key
spokespeople (portfolio managers, marketers, salespeople) to see if they are
using any language that may be confusing your clients and prospects? If they
don’t understand you, it’s unlikely that they will invest in your funds.
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