Oversubscribed

Learn how to get your business oversubscribed in a crowded marketplace to make your business stand out and get people lining up to do business with you

Are you constantly chasing customers? Why does it seem like some businesses have their customers begging to purchase their goods or services? Think about it for a moment. When a new iPhone is released, why do customers camp overnight to be the first through the door? In cities with thousands of great restaurants, why do some restaurants require reservations months in advance? Why is it that some consultants, accountants, lawyers and healthcare professionals can charge exponentially more than others? In the modern marketplace, consumer options are virtually endless, intense competition is rife and so much is given away for free online.  Often businesses are left scrambling to attract enough customers to make a small profit. Yet the opposite is true for a small number of businesses that do things differentlycustomerschase them. They have buyers who gladly queue up, pay more, and eagerly wait for the chance to hand over their money for the next thing. How do these businesses do it? More importantly, how canyou become one of them?

Oversubscribed is the guide to transforming your business into one which customers fight over! Author Daniel Priestley, a successful entrepreneur who has built and sold businesses around the world, shares proven, real-world methods that will not only grab customers attention, but will also have them lining up to buy from you. This invaluable guide will teach you how to drive demand for your products or services far beyond supply and will dramatically increase the success of your business. Now in its second edition, this updated version offers new insights and motivating examples that are right for the 2020s. This book will show you:

• The principles and philosophiesOversubscribed businesses live by that are often the opposite of what most businesses do
• Specific steps for getting into the mind of your customer so they only want to buy from your business
• How to structure campaigns and product launches that systematically get your business Oversubscribed
• How to implement a process of signalling to market, and collect signals back from market to build up desire and demand for your products and services

The new edition ofOversubscribed: How to get people lining up to do business with youis a must-read for entrepreneurs, marketers, business leaders and owners, team managers, and business students.

Daniel Priestley is a successful entrepreneur who's built and sold businesses in Australia, Singapore and the UK. He's the co-founder of Entrevo, the Key Person of Influence Accelerator program/training for entrepreneurs and leaders. Daniel is also the co-founder of Dent Global the organization which provides the training and services around the Entrevo program. With offices in London, Sydney, Singapore and Tampa, the entrevo program is endorsed by the Institute of Leadership and Management. Daniel is also now a KPMG ambassador and was named as one of the top 25 entrepreneurs in London influencing the business scene (Smith& Williamson Power 100).

Introduction 1

Part I: Principles for Becoming Oversubscribed 7

Principle 1 Only Oversubscribed Businesses Make a Profit 9

Principle 2 The Only People That Matter areYourPeople 23

Principle 3 First Make Your Market Then Make Your Sales 37

Principle 4 People Buy When the Conditions are Right 53

Principle 5 Be Different and Set Your Own Rules 67

Principle 6 Value is Created in the Ecosystem 83

Principle 7 Meet People Where They Are, Speak to Them in Their Language 97

Principle 8 Nothing Beats Being Positively Remarkable 111

Part II: The Campaign-Driven Enterprise Method: Turning Principles into Strategy 123

Phase 1 Campaign Planning: Know Your Capacity, Who Its for and When You Can Deliver It 137

Phase 2 Build-up: Warming Up the Market while Sending and Collecting Signals 163

Phase 3 Oversubscribed Release: Communicating Demand and Supply Tension before Allowing People to Buy 185

Phase 4 Sales Follow-Through: Proactively Follow Up with Prospects to Maximise the Effectiveness of Your Campaign 203

Phase 5 Celebrate and Innovate 231

Part III: You, Your Team and the Times We Live In 243

Get ready to Surf the Waves 245

Struggle, Lifestyle or Performance? 249

The Campaign-Driven Enterprise Team 255

One Last Thing: The Chapter I Wrestled With 285

Acknowledgements 287

About the Author 289

Index 303