Scott Bourne: How to Keep Sponsors & Advertisers

Scott Bourne, host of PodcastingTricks.com and a host over on the TWIT network, gave some tips on how to keep your sponsors and advertisers based on his many years in the broadcast field. Some points:

  • When you make first contact, sell the appointment, not the sponsorship.
  • Always keep in mind that you’re trying to help people.
  • If you know what they want, you can help them with a solution.
  • Handle objections with empathy, not with whining or additional objections.
  • Feel - Felt - Found is a perfect formula in dealing with objections, for example:

Prospect says, “The price is too high.”

You say, “I understand how you feel. Many others felt that way, but I found that with the type of customer service I provide, my price is very competitive.”

  • 90% of business is lost because we don’t close the sale, so just ask for it.
  • Once you have the sale, develop an ad that focuses on the benefits and not hte features.
  • Have a call to action in your ad by asking the audience to do something.
  • Start your ad with headlines, such as, “Don’t you just hate it when…” or “If you do this right now…” or “Are you tired of…”

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