CareSouth e-Rep

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Every H-Rep Needs An E-Rep 1 Todd Youngblood The YPS Group, Inc. July 31, 2010

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Transcript of CareSouth e-Rep

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Every H-Rep Needs An E-Rep

Todd Youngblood

The YPS Group, Inc.

www.ypsgroup.com

[email protected]

770-514-1189

July 31, 2010

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Agenda

• Definitions & Perspective

• Why bother???

• E-Rep Positioning

• Building Your E-Rep

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Explicit, Tacit & New

Knowledge

ExplicitKnowledge

+

“H-Rep” “E-Rep”

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You’re An “H-Rep”if…

• …you have specialized knowledge and expertise

• …when your advice is followed, it helps individuals & organizations make and/or save money

• …your customers are often too preoccupied to invest the time & thought to adequately understand & appreciate your value

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Resistance At Every Stage

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You get:• A car allowance• A cell phone• A laptop• An E-Rep

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Agenda

• Definitions & Perspective

• Why bother???

• E-Rep Positioning

• Building Your E-Rep

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Alexa.com Site Ranking

Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 -

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

Lower is better!

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Alexa.com Site Ranking

Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 -

500,000

1,000,000

1,500,000

2,000,000

2,500,000

Lower is better!

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Unique Weekly Visitors

0

50

100

150

200

250

300

350

400

f(x) = 6.40275019098548 x + 19.3048128342246

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“Push” is less effective than

“Pull”

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0 10 20 30 40 50 600

2

4

6

8

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Complex Sell Cycle

Sell Cycle Time (months)

# C

lose

d

79% Close In 13-17

Months

Longest: 4 Years 8 Days

New Record: 37 Days

The Old Record: 8 Months

That’s 1,203%better than average!!!

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Where E? Where H?

0

2

4

6

8

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Sell Cycle Time

Nu

mb

er

of

Win

s e-Rep e-Rep

h-Rep

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E-Rep Chronology• Day -395: (Approx.) “We need help”• Day 1: E-Rep Implementation• Day 28: Received Book Order• Day 93: Meeting Request (Day 1)• Day 106: Meeting (Day 13)• Day 108: Proposal (Day 15)• Day 112: E-Rep Follow-Up (Day 19)• Day 130: Done Deal (Day 37)

14The Greeting & The Content!

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An E-Rep shares knowledge and builds the credibility of

the H-Rep.

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How Do They Find Knowledge?

How Do you Find Knowledge?

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Search, Social Search& “Pull” vs. “Push”

Search for: Whatever

X Number of Results

“Social Circle” Results Only

“Social Circle” = in my Google Profile (i.e., E-Mail Contacts, LinkedIn, Twitter, Blog…)

Regular Filter

Social Filter

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How Much Work?

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Leverage Your Knowledge

8 X 5

24 X 7

~ 5XThis is

everything you do

This is a pure display of your Knowledge & Thought Process

In addition to the 8 X

5

…simultaneously reaching many people on many

topics“H-Rep”“E-Rep”

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“Only the mediocre are always at their best.”

- Jean Giradoux

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“Social Media”Numbers Reached

A “Thin” Relationship… …Is Where It All Begins

1 2 -

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

X 145

40,800

280

?

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1 2 3 -

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

“Social Media”Numbers Reached

3,040,800

40,800280 X 145

X 74Dunbar # = 150

?

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Why An E-Rep? …a quick recap

• Builds Your Reputation As An “Applicable Knowledge Source”

• “Pull” Works Better (That’s how you buy!)

• Leverage Time & Intellectual Capacity

• Reach More, Teach More (…network multiplier)

Credibility is built through a long series of small, positive impressions.

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Agenda

• Definitions & Perspective

• Why bother??? ???

• E-Rep Positioning

• Building Your E-Rep

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OrchestrateKnowledge Flows

Support Team

CustomerH-Rep

CRM

E-Rep

Dunbar # = 15045,000

“E-Rep Ocean”

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Agenda

• Definitions & Perspective

• Why bother??? ???

• E-Rep Positioning

• Building Your E-Rep

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3 Facets of E-Rep

Lurk & Learn

Harvest, Share & Attract

Collaborate & Create

Continuously enhance personal skills, knowledge and understanding.

Demonstrate personal &

organizational expertise to gain

attention of prospects and

customers.

Generate new knowledge that

when applied, can make and/or save

money.

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Core “Lurk & Learn” Tools

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Core “Harvest” Tools

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Core “Share/Attract” Tools

?

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Core Collaborate & Create Tools

…get “Lurk & Learn” & “Harvest, Share, Attract”

down first.

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Become A Trusted Source Of

Applicable Knowledge!

Todd YoungbloodThe YPS Group, Inc.

Acworth, GA770-514-1189

[email protected]

“H-Rep” + “E-Rep”