Section 2: The Five Stages of Making an Offer

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  • Planning
    • Planning is the first stage of making an offer and is critical for creating a successful offer that meets the customer's needs and expectations.
    • In this stage, you should identify your target customer, research their needs and pain points, and develop a strategy for reaching them.
    • You should also determine the key features and benefits of your product or service and how they align with the customer's needs.
  • Prospecting
    • Prospecting is the stage where you identify potential customers and start building a relationship with them.
    • In this stage, you should use a variety of methods to reach out to potential customers, such as email, social media, or phone calls.
    • You should also focus on building trust and rapport with the customer by listening to their needs and concerns and offering solutions that meet their specific requirements.
  • Presentation
    • The presentation stage is where you present your offer to the customer in a way that is compelling and persuasive.
    • In this stage, you should focus on highlighting the key features and benefits of your product or service that align with the customer's needs and pain points.
    • You should also use storytelling and other persuasive techniques to engage the customer and make them feel emotionally connected to your offer.
  • Negotiation
    • The negotiation stage is where you work with the customer to finalize the details of the offer, such as price, terms, and delivery.
    • In this stage, you should focus on understanding the customer's needs and concerns and offering solutions that meet their requirements while also protecting your own interests.
    • You should also be prepared to compromise and find creative solutions that benefit both parties.
  • Follow-up
    • The follow-up stage is where you maintain the relationship with the customer and ensure that they are satisfied with the offer.
    • In this stage, you should focus on providing exceptional customer service and addressing any issues or concerns that arise.
    • You should also look for opportunities to upsell or cross-sell to the customer and continue building the relationship over time.

Using Alex Hormozi's $100M Offer

  • Alex Hormozi's $100M Offer concept can be applied to each stage of making an offer, from planning to follow-up.
  • The Grand Slam Offer concept can help you create an offer that meets the customer's current needs and anticipates their future needs, exceeding their expectations and creating a long-term relationship.
  • In each stage, you should focus on understanding the customer's needs and pain points and tailoring your approach to meet their specific requirements.
  • You should also focus on building trust and rapport with the customer, using persuasive techniques to engage them emotionally, and providing exceptional customer service throughout the process.