The three currencies of value
Ten years ago, a sales coach taught me about eight different “currencies of value”.
A "currency of value" is a way of categorising what matters to people.
I kept forgetting the eight currencies. So, I’ve condensed them down to three for my memory's sake: - MONEY: People want to make more money or save money
- TIME: People want to save time
- HAPPINESS: People want to feel good – whether that’s physical health, social status, or mental health.
Show people how your stuff contributes to those - money, time and happiness - and they'll be much more likely to trust you, listen to you and take action alongside you.
Confuse and you lose
Too often we confuse people with jargon that hides the real value we create.
It's totally understandable why we do this, as we get so used to these words when we work in an industry for long enough. We also want to appear smart and we think that jargon will attract people to our cause. But it does the opposite.
As Donald Miller says in the book Storybrand: "When you confuse, you lose!"
To stand out in a busy world, our messages need to be about what they need. ("They" being your customers, clients or citizens.)
Get clear on that and people will start beating a path to your door.
Ngā mihi, Paul |