Tagged 'Sales'

Why (social) communication is the key to selling!

Posted by Daniel Alvarez on February 1st, 2013 at 12:16 pm

We live in a digital age, the age of communication and instant information. What once took hours, even days to reach people across the globe now only takes a few quick keystrokes and a matter of seconds. But don’t let me bore you with what you already know. What I’m really trying to get at is the fact that, when approached correctly, social networks are viable channels for sales and endless opportunities are within arm’s reach. All sales and business development professionals should consider leveraging this global social trend to broaden their sales funnel or you may one day, find yourself obsolete.
Back In The Day
In our grandparent’s time, business was conducted on a very personal level. The local baker knew what type of bread each family preferred, the butcher began cutting your favorite cuts as soon as he saw you walk through the door, everyone and I mean everyone, knew each other. This was relationship building at its best. Businesses across the globe lost this personal touch as time went on and our world grew a little bigger and busier. Until now.
7 Billion Strong
Yes, our world is no mere village, with over 7 billion inhabitants of planet Earth we are... Read more

Thar, She Blows! 6 Steps to Give A Good Meeting

Posted by Andy Wiedlin on January 17th, 2013 at 3:48 pm

Meetings don't kill people. Bad meetings kill people.

“Partnership”: It’s More Than a Word

Posted by Dayton Keane on December 18th, 2012 at 12:29 pm

Photo: Rob Young
Hundreds of digital media companies are vying to attract marketer dollars. Virtually every one says they want to be a trusted partner to agencies and brands.
It stands to reason. Partnership sounds great to a seller. Being a partner means longer contracts and, with a little luck, higher margins. A partner gets compensated in ways that a transactional seller just plain won’t be.
But partnership is more than a word.
In a business context, a one-way sales relationship doesn’t qualify as a partnership. Partnership is about collaboration - about shared risk and reward. It’s ultimately about nailing your trousers to the mast of a client’s success.
So what does it take for a seller to be a partner? I think it’s seven things:

Caring: Partnership is first and foremost a caring relationship. The vendor needs to attach import to the unique issues of a client company, and then care enough to shape their offering to actually solve problems. You don’t “pound to fit” a partnership.
Homework: Partnership is also about more than just ingesting what the client gives you. You need to add value and thinking in a unique and original way.
Attention: You have to be there after the sale. Partners don’t make... Read more

It’s Not You, It’s Not Me, It’s the Industry. Breaking Up is Hard to do in Digital Ad Land

Posted by Marc Mallett on September 13th, 2012 at 8:07 am

We’ve all been there, on both sides of the phone or Inbox.  She won’t stop calling, he won’t pick up.  Are my emails going to the Junk Folder?  Another email from him – Delete.  I’m not talking about singles asking for second dates. I’m referring to the proposal dance agencies and ad sellers play in this crowded marketplace.
Be it a factor of too many companies chasing the same digital budget, the almost inhumane time-constraints on buying teams, or a lack of resources all around, it feels like there’s a communication problem at the end of the sales / RFP / proposal process in digital media.
One common topic that usually comes up over a casual lunch or happy hour is the lack of business etiquette or manners from both sides of the sales aisle when it comes to the final part of the proposal process. The buyer perspective is something like this:  “An RFP is not a promise of business, I’m sorry you didn’t make the plan this time – just wasn’t a fit - but if you continue to hound me and fire emails into the client there likely won’t be a next time.”  The seller perspective is generally looking... Read more

Your Top Priority Is Growing The SMB Revenue Base – Now What?

Posted by Tony Zambito on April 16th, 2012 at 8:35 am

This is part 1 of a series on the challenge of targeting SMB markets and how the use of target buyer modeling and buyer-based marketing help organizations to grow their SMB customer base.
As we continue to come out of the deep freeze over the last few years, we are beginning to see encouraging signs of an economic recovery. However, the purse strings are still drawn tight and new patterns of buying has created an atmosphere of even more exacting pricing pressures from enterprise-wide level buyers and accounts. This means less room for revenue growth to come directly from the fabled 20-30 percent of large customers who typically have made up 70-80 percent of total revenues. This is how a VP of Sales in the software industry put it to me recently in my research:
“Here is what it looks like…we are actually selling more of our product into our larger accounts than ever before….but…over the last three years we've faced stiffer competition that has driven our pricing down. So the net-net has been that we are just holding on as best we can to these larger accounts. Another words, we are not getting significant real... Read more