Video Transcript
00:01
Welcome back to corner where
00:03
Welcome back to corner where you ask the questions we
00:05
you ask the questions we answered live right here on
00:05
answered live right here on Facebook. So what are the
00:07
Facebook. So what are the question submitted last week
00:09
question submitted last week was Mike. What is your
00:11
was Mike. What is your prediction for the next shift
00:12
prediction for the next shift in buying a habit and where do
00:13
in buying a habit and where do you think things are going so
00:15
you think things are going so we’ve always been an early
00:17
we’ve always been an early adopter in my service
00:18
adopter in my service businesses to kind of adopt and
00:21
businesses to kind of adopt and see where um things were going
00:23
see where um things were going so very similar like Wayne
00:25
so very similar like Wayne Gretzky. He wanted to be where
00:26
Gretzky. He wanted to be where the puck was going to be not
00:27
the puck was going to be not where the puck was at right now
00:28
where the puck was at right now so in the early years about
00:30
so in the early years about seven or 8 years ago, maybe
00:31
seven or 8 years ago, maybe even 9 years ago, we adopted
00:33
even 9 years ago, we adopted automations in life cycle
00:33
automations in life cycle marketing. Four to 5 years ago,
00:36
marketing. Four to 5 years ago, we adopted conversational
00:38
we adopted conversational marketing and bots and
00:39
marketing and bots and automated pricing on our
00:41
automated pricing on our website and different
00:42
website and different platforms. So what my thought
00:43
platforms. So what my thought was. I’m starting to go out and
00:45
was. I’m starting to go out and take a look at an okay. What is
00:47
take a look at an okay. What is the next big shift in buying
00:49
the next big shift in buying habits? So when we go in and
00:51
habits? So when we go in and take a look at generation Z
00:54
take a look at generation Z that is definitely a new
00:57
that is definitely a new generational way of buying
00:59
generational way of buying things and if you look at
01:00
things and if you look at generation Z, they had never
01:02
generation Z, they had never been really affected um by 911.
01:04
been really affected um by 911. so that was a big thing.
01:06
so that was a big thing. Obviously the way things were
01:07
Obviously the way things were going on the way people bought
01:08
going on the way people bought all the. With that now they did
01:13
all the. With that now they did watch basically through some
01:15
watch basically through some economic hard time watching the
01:16
economic hard time watching the parents um you know saving
01:19
parents um you know saving money, grinding working um and
01:20
money, grinding working um and just kinda pounding it out and
01:22
just kinda pounding it out and now that you’ve got 2324 years
01:24
now that you’ve got 2324 years old, they’re starting to enter
01:25
old, they’re starting to enter the workforce in it’s starting
01:27
the workforce in it’s starting to start buying things and some
01:28
to start buying things and some of the interesting stats on
01:30
of the interesting stats on generation. Z was that they
01:33
generation. Z was that they will um basically they don’t
01:34
will um basically they don’t they don’t trust the new
01:35
they don’t trust the new sources so they are more
01:37
sources so they are more engaged on social media than
01:39
engaged on social media than any other generation. They grew
01:40
any other generation. They grew up in were born with social
01:42
up in were born with social media. They never knew a time
01:43
media. They never knew a time where social media didn’t
01:44
where social media didn’t exist. What they’re finding in
01:47
exist. What they’re finding in some of the stats is that uh
01:48
some of the stats is that uh this new generation will
01:50
this new generation will actually trust a social icon
01:52
actually trust a social icon like Kylie Jenner. Or figure
01:56
like Kylie Jenner. Or figure out on social media as the
01:59
out on social media as the expert in a go-to versus
02:00
expert in a go-to versus someone had been you know
02:01
someone had been you know literally studying that topic
02:02
literally studying that topic for 20 years had so there’s an
02:05
for 20 years had so there’s an interesting opportunity for
02:06
interesting opportunity for service business owners. A lot
02:07
service business owners. A lot of service business owners are
02:09
of service business owners are starting to adapt to this, but
02:10
starting to adapt to this, but as a service business owner in
02:12
as a service business owner in my opinion, if you need and
02:13
my opinion, if you need and want to get ahead of
02:15
want to get ahead of generation, zs are starting to
02:16
generation, zs are starting to go out and get jobs and work um
02:17
go out and get jobs and work um not only am I gonna talk about
02:20
not only am I gonna talk about how we can go out and sell
02:21
how we can go out and sell services to them and the way
02:23
services to them and the way they buy. but how do they
02:24
they buy. but how do they actually go out? And look for a
02:26
actually go out? And look for a job and that’s that’s a big
02:27
job and that’s that’s a big issue right now uh hiring so
02:29
issue right now uh hiring so the first thing I wanna talk
02:30
the first thing I wanna talk about is the actual sales
02:33
about is the actual sales process so there are going to
02:36
process so there are going to trust and know like a figure
02:37
trust and know like a figure head on social media. Instagram
02:39
head on social media. Instagram tick tock Facebook wherever
02:40
tick tock Facebook wherever that is that is breaking it
02:43
that is that is breaking it down and becoming um that topic
02:46
down and becoming um that topic expert a very similar
02:47
expert a very similar callahan’s corner here that
02:49
callahan’s corner here that generation Z business owner uh
02:50
generation Z business owner uh as they start to continue to
02:51
as they start to continue to grow their business would
02:53
grow their business would probably trust me more than
02:53
probably trust me more than going to a college class. And
02:56
going to a college class. And learning about entrepreneurship
02:58
learning about entrepreneurship uh cuz we built that, but along
03:00
uh cuz we built that, but along with that is you can’t um act
03:04
with that is you can’t um act like everything is all roses
03:05
like everything is all roses and a lot of times in my
03:06
and a lot of times in my videos. I do talk about you
03:07
videos. I do talk about you know some of the things we’re
03:08
know some of the things we’re lucky enough to get right but
03:09
lucky enough to get right but other things we feel that this
03:10
other things we feel that this is how we fix them so as you’re
03:12
is how we fix them so as you’re building content for this next
03:14
building content for this next generation, we want to be able
03:16
generation, we want to be able to talk about how it really is
03:18
to talk about how it really is and it’s not a commercial. It’s
03:20
and it’s not a commercial. It’s real life. This is how you do
03:21
real life. This is how you do it yourself and if you need
03:22
it yourself and if you need some help we’re here for you
03:24
some help we’re here for you now the other interesting fact
03:25
now the other interesting fact about this generation is that
03:28
about this generation is that most generations previously
03:29
most generations previously while all generations
03:30
while all generations previously. The influences come
03:33
previously. The influences come from the previous generation,
03:35
from the previous generation, what this has actually been
03:37
what this has actually been able to do is flip the switch
03:40
able to do is flip the switch they actually will influence
03:41
they actually will influence the generations above them so
03:44
the generations above them so by tapping into this market
03:46
by tapping into this market right now, they may not be
03:48
right now, they may not be ready to buy your services but
03:49
ready to buy your services but the way that um and the
03:51
the way that um and the information the way they’re
03:53
information the way they’re adjusting it through social is
03:54
adjusting it through social is actually starting to trickle up
03:56
actually starting to trickle up to influence the older
03:58
to influence the older generations that are having
04:00
generations that are having that so and there’re adopting.
04:03
that so and there’re adopting. So it’s very interesting that
04:04
So it’s very interesting that they maybe engaging on tick
04:06
they maybe engaging on tick tock or Facebook or Instagram,
04:08
tock or Facebook or Instagram, but they know maybe their
04:09
but they know maybe their parents or grandparents are not
04:10
parents or grandparents are not engaging in those markets. so
04:12
engaging in those markets. so what they’re actually doing is
04:13
what they’re actually doing is taking that um ul that content
04:16
taking that um ul that content and sharing it via text or
04:19
and sharing it via text or sharing it via email. So we’re
04:21
sharing it via email. So we’re seeing a lot of content now
04:23
seeing a lot of content now from that generation being
04:24
from that generation being repurposed on other mediums. so
04:26
repurposed on other mediums. so it’s not only enough as a sales
04:27
it’s not only enough as a sales and marketing person doing
04:28
and marketing person doing social right now to look at a
04:30
social right now to look at a return on investment engagement
04:32
return on investment engagement on the platform you’re at um,
04:33
on the platform you’re at um, but it’s very hard. Track but
04:35
but it’s very hard. Track but you do wanna keep in mind that
04:36
you do wanna keep in mind that some of the stuff that we’re
04:38
some of the stuff that we’re creating here is being shared
04:39
creating here is being shared on different mediums that can’t
04:40
on different mediums that can’t necessarily be tracked. so Gen
04:41
necessarily be tracked. so Gen Z is gonna is gonna be actually
04:43
Z is gonna is gonna be actually going and influencing the
04:45
going and influencing the generations before them buying
04:47
generations before them buying habits and decisions so the
04:49
habits and decisions so the last part I wanna look at this
04:51
last part I wanna look at this um which is huge and it always
04:53
um which is huge and it always has been huge. but now it’s
04:54
has been huge. but now it’s really interesting. I found the
04:57
really interesting. I found the stat I actually kinda uh gen Z
05:00
stat I actually kinda uh gen Z is likely to go out and search
05:02
is likely to go out and search for five times more reviews
05:05
for five times more reviews than any generation before. So
05:08
than any generation before. So they trust the platform on
05:09
they trust the platform on social media because they’ve
05:11
social media because they’ve never known any different so
05:12
never known any different so they’re gonna go out and check
05:13
they’re gonna go out and check your Facebook review your
05:14
your Facebook review your Google reviews and they’re
05:15
Google reviews and they’re gonna ask their friends so it’s
05:17
gonna ask their friends so it’s more important than ever to go
05:19
more important than ever to go out and get those reviews cuz
05:20
out and get those reviews cuz this next generation is relying
05:21
this next generation is relying heavily on it. now what I want
05:23
heavily on it. now what I want I go with that is not only are
05:25
I go with that is not only are they more likely to check out
05:26
they more likely to check out four or five times more reviews
05:30
four or five times more reviews than the previous so they may
05:32
than the previous so they may be looking at 3040 reviews and
05:34
be looking at 3040 reviews and not only the good ones, but the
05:36
not only the good ones, but the bad ones cuz they see through
05:36
bad ones cuz they see through that they. Been through this
05:39
that they. Been through this but they also are looking at um
05:42
but they also are looking at um like help wanted ads for your
05:43
like help wanted ads for your business so before they engage
05:45
business so before they engage with the messenger bot to go
05:46
with the messenger bot to go Sign up for an interview or
05:47
Sign up for an interview or fill out a form or an
05:49
fill out a form or an application online This
05:51
application online This generation is going in and
05:53
generation is going in and doing homework on your business
05:54
doing homework on your business and your culture and what the
05:55
and your culture and what the research shows right now is
05:57
research shows right now is that they’re not looking for
06:00
that they’re not looking for picture.
06:04
Must show up on time that is
06:07
Must show up on time that is not engaging this generation,
06:09
not engaging this generation, they’re aligning with um like
06:12
they’re aligning with um like community service and different
06:14
community service and different things like that, but as a
06:16
things like that, but as a business owner, you sometimes
06:18
business owner, you sometimes you have a bad um breakup with
06:20
you have a bad um breakup with an employee and maybe it’s not
06:22
an employee and maybe it’s not your fault. It’s not your
06:23
your fault. It’s not your fault, but these are things you
06:24
fault, but these are things you think I think basically and II
06:26
think I think basically and II know that you really need to
06:28
know that you really need to keep in mind because this new
06:30
keep in mind because this new generation now um is searching
06:33
generation now um is searching those outlets and those. And if
06:36
those outlets and those. And if you have a bad showing that
06:39
you have a bad showing that could lead to the ability for
06:40
could lead to the ability for the inability to actually get
06:42
the inability to actually get new, uh great rock star
06:44
new, uh great rock star employees so as you’re starting
06:45
employees so as you’re starting to break up with an employee
06:46
to break up with an employee that may not may not be a good
06:47
that may not may not be a good fit about the repercussion and
06:50
fit about the repercussion and the trickle well it maybe a
06:52
the trickle well it maybe a quick ripping off the bandage
06:53
quick ripping off the bandage to get rid of this employee.
06:55
to get rid of this employee. the negative having a bad
06:57
the negative having a bad breakup with that employee
06:58
breakup with that employee could affect you years to come
07:00
could affect you years to come so we wanna make sure that we
07:03
so we wanna make sure that we are doing right by these
07:04
are doing right by these employees when we let them go
07:05
employees when we let them go so they may not be the right
07:07
so they may not be the right cultural fit. they may not have
07:09
cultural fit. they may not have shown up on time, but we wanna
07:09
shown up on time, but we wanna make sure that. Not having a
07:11
make sure that. Not having a negative effect um honest down
07:14
negative effect um honest down the line so Gen Z is an
07:15
the line so Gen Z is an interesting one, but if you
07:16
interesting one, but if you haven’t picked up the game in
07:19
haven’t picked up the game in my opinion, it’s not too late
07:20
my opinion, it’s not too late because it’s only becoming more
07:21
because it’s only becoming more important pivotal in your
07:23
important pivotal in your business to sell services and
07:25
business to sell services and to grow in stack your employee
07:26
to grow in stack your employee bench comment to questions drop
07:28
bench comment to questions drop below Callahan’s corner. You
07:29
below Callahan’s corner. You ask the questions we answered