Everything in today’s business environment seems to be about technology, the latest developments, content marketing, microblogs, engagement, SEOs, etc.
Some companies have become over-systematized, as I call it. Everything and I mean everything is left to automation. Once the database is set-up and your name is entered you get emails on a regular basis whether they are relevant to your current need or not.
In a consultative sales environment technology should only be utilized to support the sales process, but never to replace it. People want to feel special and they don’t want to be viewed as a mass target.
Here are some examples of what technology lacks.
Common sense is the least common of the senses. I love that saying and it is so true. The more technology focused we become, the less we use our common sense. Why is that? Because we rely on it too often and feel that everything we need can be found on the internet. There are statistics that show that we are getting dumber and dumber. I would argue that we are also getting lazier. An argument over dinner that used to take hours to resolve (sometimes it wasn’t even resolved that night) can now usually be settled in a couple of minutes by somebody pulling out their smart-phone.
The Human Touch
And by that I mean exactly that. The human touch. When you call on a prospect you can apply nuances to your voice, you can be compassionate and you can adjust your language.
Mass messages, even if they are targeted to specific audiences will always be static. Yes, you can add images and videos and animations, but the will never be personal. I get mass emails and messages all day and some of them are more relevant to my business than others, but they are never exactly what I am looking for, because I am one of many to receive them. There is also the trend to over-systematize and sales people rely on technology to help them make a sale rather than picking up the phone and talking to people.
In sales it is very important to overcome objections and to add value to your customer/client so they buy from you and choose your product or service. Content marketing is important for people to find out about your product/service and to make it easy for customers to find you. It is important to get your message out and to build brand awareness, but it cannot replace human interaction.
Most people today will research a product/service before they make a buying decision, but I would argue that people still like to buy from people and they will most likely buy from people they trust. Building trust takes time and it is a process that cannot be rushed or replaced by technology.
With all the hype about content marketing, we sometimes seem to forget that it’s actually content that drives content marketing. Guess who provides content? People! As I am sitting here writing this article I am wondering if there will ever be a technology that will produce quality content. I sure hope not. Not for self serving reasons but for the nuances which human beings can provide. I can’t help but think that computer or technology generated content would lack the subtlety of human writing. Who would be able to develop headlines that crown the New York Post (a newspaper that I hardly read beyond the headline) such as “Here We Ho Again” in response to Eliot Spitzer running for office again. Could a computer really come up with such a clever (although offensive) phrase? And what about sarcasm? I can tell you that I have yet to find a computer program that translates effectively, especially when it comes to humorous phrases or idioms.
And by that I mean applying logic and knowledge. Let’s talk about database management, because to me it’s key to effectively engaging with prospects and customers. CRM systems are only as good as the data that is fed into them (which is the truth for all technology enabled solutions). GI-GO – Garbage in – garbage out, which brings me to over-systematizing without applying rational thinking and feedback. When managing a database you need to know who your target audience is, whether they are a client, a prospect or a partner. If you don’t tag your contacts properly, your messaging will be off and it really doesn’t matter what technology you use.
Although, we all think that technology has made it so easy for us to do almost everything by itself, it’s really important to remember that making a decision is still something that humans need to do. While technology can help us build an opinion or stay informed, it’s still humans who make the decision to buy and people who are signing checks.
In closing, I want to add that I love technology. I really do. Like most of us, I would be lost without my computer, Smartphone and all the technology solutions that come with it. What we shouldn’t forget though is that technology doesn’t replace humans. Not yet, anyway and hopefully not any time soon.
How to Get Started With Investing
10 Alternative Promises to Live Your Best Life
5 Financial Resolutions You Can Start Right Now
5 Emerging Trends in The Mortgage Industry That We Should All Watch Out For in 2019
The Case for Data Unification for Sales and Marketing
Is the U.S. Economy Affected as the Shutdown Continues?
3 Habits That Will Enhance Your Personal Impact by 50%
Creating a Social Media Strategy for Financial Advisors
4 Secrets to a Happy Retirement
Estate Planning: The Freedom Practice
Markets7 hours ago
Is the U.S. Economy Affected as the Shutdown Continues?
Development14 hours ago
Having That Awkward “Debt” Conversation with Clients
Fixed Income14 hours ago
Earnings Season: The Sugar Rush Fades
Investments2 days ago
It’s Early, But EM Bonds Are Rebounding
Research2 days ago
Complacency Defined: The Case of the High-Yield Bond Market
FinTech2 days ago
10 Top FinTech Trends for 2019
Markets2 days ago
Markets Feeling Uncertainty Over How Long the Government Shutdown Will Continue
Strategies3 days ago
The Current Market Is More Opportunity for the Bulls Than the Bears