Page 30 - GS20802
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Inspiration




                                   You have a story to tell































                   aving excellent command of your company's    something uniquely memorable about your company's
                   offerings and those of your competitors, a   philosophy,  leadership  or history?  What parts of  your
                   good grasp of the payments industry, and     evolution are your intended targets likely to admire most?
        H working knowledge of targeted vertical mar-
        kets are requirements for anyone seeking to provide pay-  Organize for results
        ment processing and other business services to merchants.  When it comes time to organize your story, Spahr describes
                                                                a three-step formula that can help you determine what
        Meeting those requirements is a tall order. But that's not   story to tell, how to write it and what you need to say to
        all a  budding ISO  or  merchant  level salesperson needs.   get the desired response: First, find your origin story. This
        After all, the industry is full of professionals who have   need not be long. For an extreme example, Walt Disney
        mastered the  basics  and  are competing  for merchant   famously began his story with, "It all started with a dream,
        accounts by offering the same or comparable products and   and a mouse." After that, use a simplified hero's journey
        services that you offer.                                story model that goes from how things were (a less than
                                                                desirable situation people can relate to), to the conflict/
        So what else is required? A strong connection with the   challenge (the realization that things needed to change)
        people you want to have as customers not just now but   to the resolution (the actions you took to improve things).
        long into in the future, too. And how do you do that?   And then close with a teaser that prompts your prospect
        Through story. A compelling story. A story that engages   to take the action you want them to take.
        your ideal merchants' emotions and propels them to act.
        Probe for understanding                                 Keep in mind that when shaping your own or your
                                                                company's story, it should be factual but written like fiction
        To create a story that will serve your purposes, you first   to fully engage readers and hold their attention. Also
        need to know who your prospective customers are and     remember that the story must be truthful and accurately
        what  they  want—which you likely  already have a  good   reflect where your business is today, not where you aspire
        sense of if you've been asking merchants probing questions   it to be.
        and listening with complete focus to what they've been
        telling you. And, according to Felicia Spahr, copywriter,   You see, to succeed, especially in an increasingly
        author, marketer and coach, you also need to "prove     commoditized industry such as ours, you have to become
        beyond a reasonable doubt that you understand them."    more in your customers' eyes than what you sell. Telling a
                                                                compelling story that is uniquely your own is one way to
        To deepen your understanding of your intended           do just that.
        customers, ask such questions as what are the merchants
        you're targeting passionate about, is there a need they have
        that you and only you can fill, what are the key points in
        your company's journey from its founding to today, does
        it offer something no other company can provide? Is there
                                                                                   Kate Gillespie, President and CEO

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