NICWINDLEY.CO.UK http://www.nicwindley.co.uk Unlocking Value In Sales & Marketing Systems Fri, 19 Apr 2013 07:34:00 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Sales Trends Of 2012 And Beyond http://www.nicwindley.co.uk/sales/sales-trends-2012-2013 http://www.nicwindley.co.uk/sales/sales-trends-2012-2013#comments Wed, 03 Oct 2012 11:34:27 +0000 Nic Windley - Performance Sales & Marketing http://www.nicwindley.co.uk/?p=4939 Agile Adaptation - Sales have been a moving target in the present climate for a lot of companies and there are many contributing factors at play. The rumblings afoot are that 2013 and beyond could start to see increased activity for companies in areas that were not necessarily seen as mission critical or disruptive enough for investment. [...]

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Agile Adaptation - Sales have been a moving target in the present climate for a lot of companies and there are many contributing factors at play. The rumblings afoot are that 2013 and beyond could start to see increased activity for companies in areas that were not necessarily seen as mission critical or disruptive enough for investment. This activity should then start to filter down to the smaller businesses relying on them.

Equally, there are smaller, more disruptive businesses that are doing things that will probably see them grow bigger and faster as Google did in its early days.

In all market conditions there will be a group of businesses that are doing well and others that are not. Your ability to adapt and change is what will ensure continued survival in the face of this upheaval.

De-blitzing – Whilst automation is being adopted by sales and marketing teams, too much focus has been placed on the tech. to “blitz activity” rather than improving the nature of the activity supported by the technology. To avoid brainless cold calling which only wastes time and reduces the extractable value from such investments more thought must be placed on creating useful and personal campaigns and outcomes

Multi-channel – Prospecting is no longer just about the phone. Social networks like LinkedIn have over 135 million users and currently grows at two new users per second, with most in the 25-54 demographic. You need a profile that gets you noticed and gives your people and company traction. You also need to know how to use it to build your network and improve your detective skills to connect, communicate and collaborate with the right people and prospects.

Hidden Cycles – Customers are more self sufficient than ever and may choose to engage with sales much later in the buying cycle where they are assisted remotely to make their decision. Conversely big ticket sales are often won at the early stages of a buying cycle with sales consulting helping to shape a buyers requirements. Ultimately its still based on relationships and they need suppliers that understand their pains and know how to meet their needs by delivering real value. So whether remotely or face to face your “selling” should focus on what’s important to your buyers.

Mobilisation – Mobile device management, BYOD and general smartphone adoption has seen a rapid increase. In the UK, Spain, Canada, Italy, the US and France its equal to or above 40%, as of 2011. This has led to an increase in mobile media usage of 9.2% in the EU5 (FR, DE, IT, ES, UK) and 11.6% in the US. The US and UK has surpassed 50%, as of 2011. Internet traffic from devices other than computers are also beginning to show, with 9.2%, 8.2% and 5.1% of all Internet traffic in the UK, US and India, respectively coming from connected devices (mostly mobile phones and tablets) according to a recent comScore report more worldwide mobile stats can be found here.

Content Disruption – Customers and prospects are consuming content in all sorts of formats from info-graphics to videos and white papers. Sales must be equipped with content that is both industry and role specific which challenges them to think about what they are doing and how and why they are doing it. Whilst your views and opinions are useful they are not enough by themselves to influence others so ensure your content contains supporting evidence and market opinions that support your arguments.

Mixed-modes – The car and phone with a bit of email can no longer do it all. We need to adopt a 360 degree, multi channel contact approach covering mobile phones, SMS, video, email and social along with offline activities. Research has shown that persistency is key to making and sustaining contact. The average company only makes 1.4 attempts to reach a lead, when it should be more like 6 to 9 depending on if they are cold or hot and you must use a variety of channels to increase your chances.

Inside Out – You’d be forgiven for thinking that working behind a desk with computer and telephone means the outside world never gets to see you. In the early days that might have been true. Profiles and websites enabled sellers and buyers to present a static digital presence remotely, however video is becoming increasingly a medium for consuming good content and now real time video is allowing buyers and sellers to meet online and face to face from behind their computer screens. So if content is king then video is queen.

Social Statements – Our reputations and brands which can be quickly “looked up” online and seen to play out live in social discussions will play an increasing role in our ability to have the right discussions with the right people. What does your blog, videos, twitter and community activity say about you and your businesses to potential prospective customers ?

No Boundaries – The limits of geographical territories are almost over. Sales people can work virtually from anywhere and social proximity that is relevant beats geographic proximity that is less or irrelevant. However there still is a case for local presence where a degree of “onsite” interaction is required with clients, which may be more technical . Many SaaS products for examples out of the box do not require any onsite interaction, however resellers can and do provide wrap around services and products to “tailor” or personalise those standard SaaS products or services to local clients.

Sustainable Training – Companies are using more sales training in a variety of modes that include live classroom, on-demand and virtual. Your ability to build an effective team will also be impacted by your “on boarding” capabilities at the beginning and how you reinforce that train on the backend.  You training should not be coercive or needed to brainwash seeling “victims” as your selling should be focused on the trasference of real value.

Game Change – The safe and predictable linear paths of progress are out the window. All your “old school” sales tricks and tactics are dead in the water and customers have seen it all. You need to rediscover the 7 Golden Keys.

  1. It’s about the customer, not the product.
  2. To be appealing you must talk to a specific audience or niche.
  3. People want something new, unusual and different.
  4. People buy stories, not things.
  5. When its only about the thing you get caught in the money trap.
  6. Your connections (database) and relations with those people are significant.
  7. Its about asset building and systems not just making money.

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Unlock The Game Review – Ari Galpers Sales Breakthrough & Cold Calling Guide http://www.nicwindley.co.uk/reviews/unlock-the-game-review http://www.nicwindley.co.uk/reviews/unlock-the-game-review#comments Wed, 19 Sep 2012 14:20:13 +0000 Nic Windley - Performance Sales & Marketing http://www.nicwindley.co.uk/?p=4826 Hello my Professional Seller, If you’re looking for a review of Ari Galpers Sales Breakthrough Starter Pack From the Unlock The Game Series and you’re either based in the UK and wondering if this American has anything useful to offer (or just hot air) or you’re a US resident looking for a professional opinion about [...]

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Hello my Professional Seller,

If you’re looking for a review of Ari Galpers Sales Breakthrough Starter Pack From the Unlock The Game Series and you’re either based in the UK and wondering if this American has anything useful to offer (or just hot air) or you’re a US resident looking for a professional opinion about the product before you buy then please read on.

The course below goes into detail about:

  • Humanising the process of selling and cold calling
  • Developing the art of conversation over pitching
  • Avoiding triggers that create unnecessary pressure
  • Overcoming the fear of cold calling with an ethical approach
  • Why you need to focus on the prospects problem first
  • Working respectfully with gatekeepers
  • Earning the right to an appointment
  • Tips for dealing with each stage of a potential sale

Maybe you’ve just stumbled across this page while looking for help to improve your cold calling, and this could be the page that holds the key to helping you unlock your sales game for good. If on the other hand your looking for an alternative to cold calling then please follow this link.

There is one thing in sales that you can neither buy or sell and that’s TRUST. You have to earn it. How quickly depends very much on what you say and do. Trust though is something that has to be established from both sides. What happens to many sales people though is that buyers believe that its socially acceptable to lie to sales people. What you need is a way to get to the truth.

Building Trust In Sales Starts With Your Approach

Trust starts right at the very beginning which could be your first approach or call, so to ensure that these early steps get you off on the right footing you need to ensure that you are mentally framing the situation correctly. What happens in most cases is that sales people pile on the pressure to get everything done in one call, only to find the door closed in their face very quickly.

Ari understands this and so his programme starts by helping you to establish the right mindset from the get go, which is simple really. The purpose of your first call is to establish a conversation from which both parties can establish if there is a fit of some kind that would give you a reason to proceed further. It removes the pressure of selling anything.

Once you’ve understood how your own mindset should be framed you then need to understand what’s happening on the other end of the phone with the person you are calling. Just put yourself in the shoes of the receiver for a moment and you’ll soon realise that if you received a call from somebody that lead with a pitch about them or their solution (their selling something) then guess what your response would be? You’ve got it!…..NEXT

Master Cold Calling Today

Honest Dialogue Between Seller And Buyer Is Easier On Neutral Territory

So what is the shared ground, the neutral zone if you like, that you and your potential buyer can more safely and constructively have a conversation around. If its not your solution then it must be the thing it solves which is the problem. This is the place where you can have an honest dialogue about start to build trust.

Ari once again teaches you how to find one or two key problems that your solution addresses and to use those to start your conversation instead. Its really about learning to open things up, instead of trying to close them down all the time.

So your conversation can now begin on neutral territory by learning to lead with an opening question that is related to the core problem instead of a pitching or promoting a solution too early which triggers people’s defences.

Avoid The Silly Sales Mistakes That Erode Your Trust

When entering the conversation you need to be aware of the things that can trigger hidden pressures such as over extending your enthusiasm when the recipient may not be in the mood, so always opt for a natural conversation, like as if you were talking to a friend. Again Ari covers all of this in his course as well as your choice of wording and how it can affect the outcome.

Once you’re in dialogue you need to be able to navigate the conversation, replacing assumptions with carefully chosen questions that build on each step of the conversation to help you build a picture of what is really going on with your potential buyer, along with the language that relates to your potential buyers problem.

As you navigate the conversation towards a conclusion Ari helps you to create a zero pressure way for you and your potential buyer to determine if a short term or longer term action would be appropriate and how to position that so that present some value.

We’ve reached the end of this review and I trust I’ve managed to cover most of the things you’ve been wondering about this course.

You probably already know that there are a ton of courses out there written by people who’ve never sold anything in their entire lives, let alone face to face in their entire lives. Anri has and so have I. If you feel that this course is a good fit with you then there is only one thing left to do, and that’s use the button below to take the next step with the 30-Day, No-Risk, Unconditional, Money Back Guarantee.

Get Your Money Back GUARANTEED

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Inside Sales Is The New Outside Sales http://www.nicwindley.co.uk/sales/inside-sales-is-the-new-outside-sales http://www.nicwindley.co.uk/sales/inside-sales-is-the-new-outside-sales#comments Wed, 12 Sep 2012 20:28:54 +0000 Nic Windley - Performance Sales & Marketing http://www.nicwindley.co.uk/?p=4755 For years after the industrial revolution businesses employed droves of Outside Sales people who were focused on getting those face-to-face meetings, which in contrast to modern Inside Sales practices is a vastly wasteful exercise.  Inside Sales is “remote selling” or the “virtual salesperson” who interacts professionally from a remote location.  Face-to-face sales has its place, however [...]

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For years after the industrial revolution businesses employed droves of Outside Sales people who were focused on getting those face-to-face meetings, which in contrast to modern Inside Sales practices is a vastly wasteful exercise.  Inside Sales is “remote selling” or the “virtual salesperson” who interacts professionally from a remote location.  Face-to-face sales has its place, however it should only be necessary when an opportunity has already been established.

The reality today is that the majority of sales are actually done remotely, and the numbers are growing. In fact a few years back this joint research study found that over the next three years the Inside Sales model would be growing at a rate fifteen times higher (7.5% versus 0.5% annually) than Outside Sales, which is a staggering development in the evolution of selling and is reflective of why building an integrated sales and marketing systems is so important as more of the sales cycle is performed remotely.

I Don’t Believe In This Inside Sales Nonsense

If you’re unsure of the impact of this phenomena then why not try it out for yourself by calling a dozen “sales people”, that you would traditionally associate with the Outside Sales model who should be spending their time driving around for the sake of meeting people, pressing the flesh or getting eye ball to eye ball without real purpose.  What you’ll find is that 7 out of 10 will be more than likely sat at their desk in front of a computer or working in the office.

The term “Inside Sales” often gets confused.  Originally it came about in the late 1980s as an attempt to differentiate “Telemarketing” or “Telesales” from the more complex, “high-touch,” phone-based business-to-business (B2B) and business-to-consumer (B2C) selling practices.

Telemarketing dates back to the 50s and by the time the 70s came around it was a common phrase used to describe anything sold over the telephone. It often included both outbound and inbound (also known as call centres or contact centres), but later became synonymous with the types of outbound calling we’re all familiar with—large-scale “blasts” to lists of names to try and drum up quick sales, usually while the family is sat around the dinner table.

By the late 90s and early 2000s, Inside Sales was the term used to differentiate selling that was not Outside Sales—the traditional face-to-face sales model where salespeople went to the client’s location of business to engage in the sales process.

Inside Sales Is A Proven Model

The growth and adoption of this model by high velocity businesses (many of whom were technology or web based) has transformed this second class department into one of the fastest growing segments of sales and lead generation.  There is even an american inside sales industry association showing the maturity of this market.

Companies had undeniably found the channel of Inside Sales to be effective, but often didn’t know what to do to solve the conflict between the younger, disruptive, more technically savvy upstarts who sold over the phone, and their more senior counterparts who wielded incredible political power in their organizations as the entrenched source of revenue for nearly a century.

Instead, for years Inside Sales was relegated to generating leads for the more senior Outside Sales reps or merely closing the smaller accounts. This is now no longer the case. Many companies are already using a hybrid form of Inside Sales, with reps calling from their company’s home office, then traveling occasionally to client locations and merely calling it “sales.”

Research shows that three years ago Outside Sales reps spent 41% of their day selling remotely, last year it rose to 46%.

Even Marc Benioff the salesforce.com founder admitted in his book Behind the Cloud that they “grew their company for the first five or six years with a telesales or Inside Sales model.” They added Outside Sales or Field Sales to go upmarket when they wanted to sell to Enterprise-class companies, but the company still does a majority of their sales work remotely. True door-to-door Field Sales is almost extinct.

Marc Benioff started salesforce.com with Inside Sales during the First 6 Years – (AP Photo/Ben Margot, File)

What Inside Sales Is Not

Inside Sales is not Telemarketing.

If you didn’t catch that, allow me to repeat: Inside Sales is NOT Telemarketing. Telemarketing is a scripted, single-call-close, almost always targeting a small-ticket, business to consumer (B2C) model.

Inside Sales is not scripted. It requires multiple calls or “touches” to create a sales close, involves medium or large ticket goods and services, and targets business-to-business (B2B) or high-end business-to-consumer (B2C) transactions.

Inside Sales is professional sales done remotely or virtually. It is not the mindless “phone drone” that calls at dinner time and won’t hang up until you have said “no” seven times.

Inside Sales is also not Customer Service. Though Inside Sales frequently involves an element of inbound call handling like a customer service department, in its pure form it is not customer service.

Some companies erroneously describe their inbound call centers as “inside sales,” but this does not fall within the boundaries of the true definition unless the agents’ primary function is selling.

Inside Sales is professional selling done remotely, simply put, it’s remote sales.

In very recent times companies have responded to economic pressures by cutting costs and increasing their productivity using more efficient business models like Inside Sales, mostly because they had no choice. It may seem to some that shifting your focus like this would result in a potential loss of outside sales “touch”.  However using technologies like video conferencing and web meetings you can transform your inside sales force into a virtual outside sales organisation. They’re able to put the human back in the selling equation, without the price tag.

Here is one of many companies that are redefining their sales model using technology in the UK and the upshot is that they’ve reduced travel costs by over £250,000, and saved 160 tons of CO2 in car journeys and flights in just 12 months, let alone any improvements in results for them and their customers.

This was an adaptation of an article by Ken Krogue.

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Relationship Selling Is A Game Prospects And Customers Are Winning http://www.nicwindley.co.uk/sales/relationship-selling-you-are-losing http://www.nicwindley.co.uk/sales/relationship-selling-you-are-losing#comments Mon, 03 Sep 2012 07:00:40 +0000 Nic Windley - Performance Sales & Marketing http://www.nicwindley.co.uk/?p=4680 You’ve probably heard people say that business and selling is a game. The assumption is that it’s a game that sellers have control over. With average closing rates standing at around 20% that would seem an assumption too far if relationship selling is working. So it would be fair to say that it’s not the [...]

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You’ve probably heard people say that business and selling is a game. The assumption is that it’s a game that sellers have control over. With average closing rates standing at around 20% that would seem an assumption too far if relationship selling is working.

relationship selling

CHL Top Prospects Game (Photo credit: Wikipedia)

So it would be fair to say that it’s not the only game in town being played and if you’re the sales person who’s not aware of what’s going on, then you’re probably being played by the house, your prospects and customers.

With sales people being told that they must “build relationships”, any signal that appears to be a welcome invite to starting or reinforcing this foundation would seem like an obvious chance for sales people to grab. Is it though ?

Some time ago I wrote a post on The Evil Customer and Why Proposals Are A Waste Of Your Time as a way of demonstrating what can happen when you least expect it in sales.  It’s being objective about your situation and what is really going on at all times and mindful that your optimism and sales focus can actually become a hindrance and not an asset.

So how do you recognise if your relationship selling is a one sided game ?

What people say and do is probably your best source of validation.  Until you critically look at the situation and ask yourself is this what it seems, you’ll be living in sales bliss until reality kicks in.  So here are 4 tricks that prospects and customers use to trick sales people into believing that an opportunity exists:

Tempting Ideas - They show interest, regale you with wonderful reasons why they need you that seem ideal, make promises while at the same time hold back important information as a way of misleading you, allowing them to continue with the charade.

Brain Straws - They use you and your time to dip a straw into your brain and suck up all the goodies they can, from meetings to proposals.  Getting more and more without giving in return.

Invisibility Cloaks - There is always an excuse why something can’t or won’t happen or they are conveniently never around to meet or return your calls and emails.

Meerkat Moves - Simples! they play you against other suppliers which always look the same on the surface and which they readily point out to you.

So how do you stop this silly game of one-sided relationship selling that your prospects and customers are winning

Simple, you get incremental agreements to things that don’t give an unfair advantage to either buyer or seller. That’s the basis of exchanging ideas based on trust. What genuine person want’s to deal with an untrustworthy buyer or seller ?

In sales, it’s really about using your detective skills to qualify the situation and avoid making assumptions (based on optimism) that can lead you astray. Generally you should be thinking about;

  1. Is there really a problem or is this just general interest.
  2. Would it big enough for them to want to seek a solution.
  3. Do they have a vision of that solution already.

You could then go further and dig deeper to find out;

  1. What is causing their problem
  2. What are the consequences of not fixing it
  3. Does it really need fixing
  4. Who else and how are they being affected

Just like a detective would do when working on a case. However, even with these details you can still overlook the obvious, the bigger picture, so here are some signs that will help you take an objective look at your situation.

Are they friendly ? – over friendliness can be as equally concerning.

Will they answer questions openly ? – if you’re unable to communicate you certainly won’t be able to work together.

Do they know what they want ? – you can’t help somebody if you don’t know what help they need or if they’re not willing to explore the problem / solution space with you.

When would they need it ? – if they don’t need a solution now or in the visible short term its probably not a real concern.

These signals can be triggered throughout the buying journey from your initial engagement to much later in the process so be mindful when the situation changes as you may need to evaluate whether your continued effort is warranted.

Whilst these are good indicators they are not your final situation analysis. You must be sure that;

  1. A clear problem can be identified
  2. They realise that it must be fixed
  3. The solution will be presented to a decision maker
  4. Time-scales warrant effort from both buyer and seller
  5. You can meet the buyers selection criteria
  6. The competition is not overwhelming and you have a fair chance

Here is an interesting article on internal proposal writing which you should note is actually aligned with many parts of the sellers strategy as I describe in my work. Therefore buyer and seller become mutually engaged in a bid to create shared value when their goals are aligned. If the signals are not aligned as described above then you are wasting your time with relationship selling.

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B2B Sales and Marketing And What They SHOULD NOT Do Together http://www.nicwindley.co.uk/b2b/business/b2b-sales-and-marketing-should-not http://www.nicwindley.co.uk/b2b/business/b2b-sales-and-marketing-should-not#comments Mon, 27 Aug 2012 07:31:51 +0000 Nic Windley - Performance Sales & Marketing http://www.nicwindley.co.uk/?p=4538 If you get into conversation with a head of sales or marketing and the subject of “collaboration” comes up, it won’t take you long to realise that there has been a history of low to non existent team work between these two important functions – B2B sales and marketing. Some may refer to it as [...]

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b2b sales and marketing

If you get into conversation with a head of sales or marketing and the subject of “collaboration” comes up, it won’t take you long to realise that there has been a history of low to non existent team work between these two important functions – B2B sales and marketing.

Some may refer to it as no more than a vague dislike formed across a narrow divide between these two worlds. Others would go further and describe it as downright hostile and even destructive. Even the statistics have suggested that as much as 80% of marketing collateral winds up in the bin and that sales spends 30% percent of its time reproducing the very collateral that got thrown away in the first place.  This is a huge waste of time, energy and money and a massive opportunity….and just the beginning.

So how do you start to get a handle on this b2b sales and marketing breakdown ?

Given the nature of today’s complex world its a very sad state of affairs to see these important departments diverge from one another and its at the route cause of many of the revenue problems that businesses find themselves facing.

Whilst we all in the modern selling world invite and encourage this collaboration it comes at great concern to both departments and leaders as there appears to be no way of separating them as we head into a convergent (and collaborative on many levels) selling environment facilitated by things like the digital space.

So the problems remain or stagnate and get worse.

So why does this happen ?

Simple, most companies have failed to define an agreed-upon framework for what the two functions should actually do together in the first place, enabling them to work together in a supportive and constructive way.

Many commercial executives who see the need for greater sales and marketing “integration” fail to consider the problem from the opposite perspective and what each therefore should not be doing.  Still not straightforward though.

They way I see marketing and sales today in the complex world is;

Only marketing has the tools, the expertise, and the time to generate the insights necessary to challenge customers in a way that can be scaled and repeated (along with feedback from sales) whilst sales, on the other hand, should ensure that company representatives have the knowledge, skills, coaching and support to go out and use that insight in a convincing manner (backed up by marketing).

It’s a necessary and symbiotic relationship around a simple but essential principle of business.

With all the challenges that lay ahead with the ever changing landscape we face it should be obvious that your message library, collateral, or pitches can’t remain static and so they must be constantly evolving to stay current with the customer’s business environment and with the competitive, dynamic landscape ahead of you.

This is a BIG JOB given the hundreds of products and services, variety of customer segments, array of channels, and the time bound nature of the environments that revolve around the quarterly driven business. This whole activity isn’t a one-time pass, it’s an “always-on” capability and its absolutely critical. So, with input from the sales force and at their behest organisations must invest in training marketers to articulate differentiators and constantly source fresh and compelling teachings or insight messages that support sales.

However, no ordinary insights will do.

For Your Insights To Fly They Must First Become A BIRD

The problem with a lot of messaging is that they get dumbed down into a wishy washy same as everybody else don’t want to say anything outspoken just in case I get taken to task kind of way.  This is very, very dangerous as you completely disarm the reasoning and power of why you are putting together these teachings in the first place and by the time they get to the prospect or customer they are just more “stuff”.  So each should be evaluated to see if it can fly.  A simple check-list would be to ask are they;

BIG - expansive and farther-reaching than an ordinary idea

INNOVATIVE - push the envelope with new, often untested and unique approaches

RISKY - asking our own companies and our customers to take a big risk in adopting our idea

DIFFICULT - must be hard to do, either because of scale, uncertainty or politics, otherwise why would a customer hire you to fix it for them

Your Insights And Content Must Be Tailored

The vast majority of sales messages out in the market are not positioned within context at any level let alone at each of the levels within a market. Typically, that messaging is about a supplier and that supplier’s product and services.  Where as the market is made up of

  1. Industries
  2. Companies
  3. Roles & Departments
  4. Individuals

So as a starting point, marketing can add a tremendous amount of value simply by helping sales representatives to tailor at the industry and company levels.  And when it comes to the sales engagement departments and individuals are expecting you to be ready with industry and company teachings.  In its simplest form it might look like this, however even this presents various problems.

  • Industry Focus – Marketing
  • Company Focus – Marketing
  • Role / Department Focus – Sales
  • Individual Focus – Sales

So What Shouldn’t Sales And Marketing Be Doing

Sales SHOULD NOT be concerned with having to address the market as a whole, researching and creating the deep insights and associated content that are needed when it can get this support from marketing.

Marketing SHOULD NOT be concerned that its research, insights and content are going to be wasted or not used convincingly by sales because sales are being supported and coached in using them constructively.

However, in some channels that distinction may not be so clear.

Whilst social media is often discussed in marketing terms, its becoming increasingly a convergent channel where sales and marketing can operate together addressing both the broader market and individuals together.

Even offline at events or shows, you find sales leaders speaking on various topics, which might be considered a marketing role, however for start ups and smaller teams this maybe necessary as the leadership team often have a dual function.

However this can also by symbiotic, where marketing focuses on the insights and sales focuses on a convincing delivery.

The bottom line is they SHOULD NOT be against each other, which is often forced upon them because of the environments or business systems in which they operate.

You could take the focus and roles above and expand it a little further, like so;
LEVEL Researching Packaging Personalising Facilitating
Industry M M S / M S / M
Company M M S / M S / M
Role / Dep. M / S M / S S S
Individual M / S M / S S S
  • S = Sales
  • M = Marketing

Reducing Variability With Convergent Marketing And Selling That Has Flexible Boundaries

Once your content and conversations are focused on your customers and what they are trying to accomplish, instead of your products or services or company, its much easier to understand what outcomes (goals to be accomplished) are important to each stakeholder involved in influencing or making decisions and therefore where to start and focus in the context of a “sales” engagement.

You can develop a short list of desired outcomes and focus on the few things which that person (you are personally engaged with) cares about the most. And lastly, the approach is scalable. Once its learned, it can be applied anywhere within the same or different customers and prospective organisations.

Then the teams collaborate with feedback loops and deploy marketing or sales roles depending on the size of teams where the most value can be derived in some of the multi disciplinary steps in the process and where individuals shine.

One day we may even find sales and marketing individuals moving between departments (as have I) to better understand the collaborative, creative and results orientated nature of our intertwined relationship, just as society and nature inter mixes gene pools and cultures to best effect.

B2B sales and marketing teams SHOULD NOT be forced into a situation where their activities are counter-productive to one another and the business as a whole.

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Never Cold Call Again Review – Frank Rumbauskas Alternative Sales System http://www.nicwindley.co.uk/reviews/never-cold-call-again-review http://www.nicwindley.co.uk/reviews/never-cold-call-again-review#comments Fri, 24 Aug 2012 20:32:34 +0000 Nic Windley - Performance Sales & Marketing http://www.nicwindley.co.uk/?p=4561 Hello fellow Sales Professional, You’ve probably been looking for a review of Frank Rumbauskas Never Cold Call Again System and you’re either based in the UK and wondering if this American has anything useful to offer (or just hot air) or you’re a US resident looking for a professional opinion about the product before you [...]

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Hello fellow Sales Professional,

You’ve probably been looking for a review of Frank Rumbauskas Never Cold Call Again System and you’re either based in the UK and wondering if this American has anything useful to offer (or just hot air) or you’re a US resident looking for a professional opinion about the product before you buy. Or maybe you’ve just stumbled across this page while researching cold calling.

The course I’m about to discuss covers:

  • A Background on Cold Calling & Lead Generation
  • Cross The Chasm From Cold Calling to Never Cold Calling (or doing significantly less cold calls)
  • Building A Lead Generation System Using Flyers And Emails
  • Using Social Media To Connect, Communicate And Collaborate To Sell
  • Advanced Referral Selling Strategies

Most people researching the topic of cold calling these days are probably in business to business (B2B) sales, some in business to consumer (B2C) who are noticing just how difficult its getting to reach buyers over the phone, or even face to face and in some markets its worse than others.

You’re now left wondering how you’re going to connect with potential buyers when they either refuse to take your calls or worse won’t set time aside time to meet with you. What’s even worse is…your company or boss is just dead set on cold calling.

Cold calling can still work, though it’s no longer as effective as it once was in our information rich societies. In fact every channel of selling and marketing can work in varying degrees, however to be truly effective today you must ditch what doesn’t work, and for may that’s probably their cold calling activities. So if you or your company is struggling to get results then this could be the alternative you’ve been looking for.

I know what it’s like because I’ve been there too. In fact I’ve been on both sides of the fence when cold calling worked and when it flat out didn’t. I was the same person, however the market I was operating in, including the buying cycles and value view of customers and similar products and services or what sales people brought to the table was different.

Sometimes it was because the companies I worked for were using strategies that were out of date, other times it was because the internet was giving buyers access to information to aid them during their buying process and the bottom line was my company wasn’t giving me or our customers the insights we needed to break through that wall and become welcome sales people.

When this happens you’ve got to be prepared to start thinking outside the box and use all the tools at your disposal to increase your value and this is where simple but effective marketing for sales can be the difference between productive activity or just “busy” activity for the sake of it until the day you get the push.

There are no hard and fast rules in any market. Test different strategies, keep what works and drop the rest.

If what you’re representing is a duff product or service OR its in a saturated and commodity market that your struggling to win business in AND where few customers want what you have to offer, then no course, training or advice is going to help you as you’ve got to completely reinvent that business or yourself. It’s probably time to go do something else so don’t waste your money here as its not a magic pill to the end of the world.

On the other hand if what you offer represents value and you’re just struggling to open doors then this course could be just the ticket as its a fairly low cost investment and offers a number of strategies that could make the world of difference in your selling career, not just now but into the future as the sales and marketing worlds continue to converge.

For those of you that are in very complex markets that offer significant value then this could still help as it could be a great way to discuss issues with your current marketing department and your boss so please don’t discount it just yet.

You probably already know that there are a ton of courses out there written by people who’ve never sold a damn thing, let alone face to face in their entire lives. Frank has and so have I.

We all know that there are a lot of scam sites out there and I’ve fallen foul to a couple myself and so Frank and I have set this up so that you get referred directly to his personal site from mine, avoiding all those sites that are designed to steal money from you. This is by professionals, for professionals.

Unlike Franks book on Amazon which is merely an introduction into the strategies detailed in this course you’ll find in this a programme with 130 pages of real detail. Included with the course book & manual are 2 CDs, the immediate PDF download of the book section of the course and over $300 in additional downloads and bonus materials. Not bad for the money really.

Feel safe that almost no-one returns the programme or asks for their money back as everybody get some benefit from it.

Yes But I’m A Complete And Utter Failure In Sales!

Not you’re not. Everybody goes through it and its just your turn. In fact, anybody whose achieved anything long lasting in business has done so after a lot of hard lessons from failing dozens of times or more and maybe even losing everything at some point, only to bounce back. You become great BECAUSE of your failures.

So this is not one of those “born with a silver spoon in my mouth” or “had the lucky break and made a zillion over night” stories that few can relate too, let alone ever replicate. No, this is from an ordinary guy who fought and failed more times than he probably ate hot dinners and after years of never giving up, being fired, losing deals and being a miserable failure, he finally figured out that there was a better way.

Change Your Selling Life Today

Why Should You Never Cold Call Again Or Reduce Your Cold Calling Significantly

I’ll be quick as Frank goes into great detail in the course. Cold calling puts you at a disadvantage from the start as you’re instantly telling potential customers that you need their business. Whilst this can be overcome it consumes masses of your time and limits your production on creating real value so unless your very targeted its going to eat up your time and finally, you’re always in the wrong place at the right time as its never a priority or they’re not even willing to discuss it when you call. Lastly when you’re cold calling you get sucked into becoming one of the many millions of sales people that nobody wants to talks too, so you need to look, act and feel different to be treated differently.

Image Is Everything
Everything is judged by its appearance; what is unseen counts for nothing. Never let yourself get lost in the crowd, then, or buried in oblivion. Stand out. Be conspicuous, at all cost. Make yourself a magnet of attention by appearing larger, more colorful, more mysterious, than the bland and timid masses.

So…. How Do You Never Cold Call Again… Or…. Stop Being Reliant On Cold Calling

The principle is simple. A certain percentage of the market will be pre-disposed to buying from you. The trick is to position yourself so that those people can find you and call you. That’s right, get customers coming to you.

How ? Well, by building a lead generation system that comes across as being something from and for real human beings, not like a robot and which clearly demonstrates your case and gives people a good reason to act. Unfortunately most company literature does the exact opposite.

  • One such idea is using flyers that grab people’s attention and deliver a power message.
  • You can also have calls made on your behalf using a contract telemarketer that blends with your other activity.
  • Use email and channels like LinkedIn to establish further your communication
  • Think and act like a publisher allowing you to maintain your visibility across multiple channels.
  • Have a mini sales site that is your possible sales agent working on your behalf 24/7/365.
  • Run press releases and host seminars offline or on-line or speak in public.
  • Using social media and getting and using referrals.
  • PUTTING IT ALL TOGETHER INTO AN ACTIONABLE SYSTEM

Never Mind Never Cold Call Again, I Still Have To Cold Call!

Don’t worry, Frank’s thought of that. He’ll show you how to use pre call planning to warm up your cold communications and how to show somebody the real value of what you offer without wasting their time.

Hopefully I’ve covered everything you’ve been wondering about this system, so all you have to do now is use the button below to take the next step with the 90-Day Money-Back Guarantee and 30 Day Free Trial!.

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Solution Selling For Customers With The Challenger Sale http://www.nicwindley.co.uk/sales/solution-selling-lives-with-the-challenger-sale http://www.nicwindley.co.uk/sales/solution-selling-lives-with-the-challenger-sale#comments Tue, 21 Aug 2012 12:29:12 +0000 Nic Windley - Performance Sales & Marketing http://www.nicwindley.co.uk/?p=4519 In recent years the buzz around solution selling has muted to a low hum or been barely heard at all. In answers to this The Challenger Sale presents new concepts (backed by research) which are very interesting and offer insight into the potential of solution selling that businesses are just beginning to realise. It supports [...]

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In recent years the buzz around solution selling has muted to a low hum or been barely heard at all. In answers to this The Challenger Sale presents new concepts (backed by research) which are very interesting and offer insight into the potential of solution selling that businesses are just beginning to realise. It supports many of my own beliefs about assisting sales people to be in a position where they can be the Challenger, supported by the organisation and with the collaborative input and support from marketing.

This is where this sales and marketing journey has all been leading too, especially so for the complex sale.

The book firstly tackles the myth about what the best performing sales people are supposed to be like, backed up by research from the Corporate Executive Board. Instead of doing research to support a belief, their research was focused on the question – “What is working” and then sought to answer “Why”.

Solution Selling Sales Profiles

Firstly they found that there are actually 5 types of sales people and the one that most companies believe would be their top performer, otherwise known as the relationship builder, actually turns out not to be.

  1. The Hard Worker
  2. The Challenger
  3. The Relationship Builder
  4. The Lone Wolf
  5. The Reactive Problem Solver

Further more the “sales environment” has faced numerous difficulties which had caused those individuals that could perform to be neglected and often shunned because they didn’t fit the conventional profile or the businesses they worked for weren’t willing to support them or their ideas.

  • Performers are “difficult” people as they create a degree of constructive tension and as such are often misunderstood.
  • Solution selling suffers from “fatigue” due to the never ending rallies of questions and answers and more questions.
  • Metrics have only sought to demonstrate the impact of buying a solution, not changing behaviour which is the total impact.
  • Personalisation and customisation is now expected which further increases complexity of both the offering and sale.
  • More people are involved in the decision making process including 3rd parties.
On further investigation it found that the characteristics of these performers were that they had;
  1. A unique perspective
  2. Strong two way communication
  3. Knowledge about the customers value drivers
  4. The ability to identify economic drivers
  5. Willingness to discuss money constructively

You could go further and say that these individuals possessed more of an entrepreneurial flair than the conventional employee mindset.

The Challenger Sales Approach

These characteristics were then further consolidated into the 4T’s of what is known as the “Challenger” who possesses the ability to;

  • Teach – deliver insight that re-frames the way customers think about their business and needs
  • Tailor – communicate sales messages in the context of the customer
  • Tension constructively – in a way that adds new perspective
  • Take control – openly pursue goals in a direct, but none aggressive way

Please take note of the none aggressive approach. All too often I’ve seen sales teams adopt an aggressive or arrogant style thinking that this was a way to either emulate the leaders in their prospective customers or to show that they were able to take control for their employers. Sales were made and things always went wrong in a big way. Challenging, that creates constructive tension, especially when you are an outsider should be done with control, diplomacy, and empathy.

So how do you create a challenger ?

  1. Not by birth but through the making – education, support and experiences
  2. Its the combination of skills (the 4T’s together) that matter, not the focus on relationships as shown in this article.
  3. It requires organisation capability not just individual skills – and this is where marketing comes in, to help build the “content” for the teaching part and identifying which teaching messages will resonate with which stakeholders. However, whilst most of the above steps are half individual and half organisational the ability to take control largely relies on the individual or “Challenger”.
  4. Transformational change takes time – its a journey not an overnight destination.

Teaching For Differentiation

Is reflective of the modern west which continues to move towards a knowledge based economy and through knowledge and insight you can teach the customer how best they can achieve something more effectively which is a real and immediate issue. Teaching though isn’t good enough unless it actually helps you the supplier and so your teachings should lead to your unique strengths, challenge customer assumptions, catalyse action and scale across customers. The problem is that most companies can’t actually agree on what that their unique values are.

The answer is actually found in my favourite question – “Why should anybody buy from you over anyone else?” or to put it another way “We are the only company that…………………..” (fill in the missing gaps).

Your teachings should include data, information, or insights which you can put in front of your prospective customers that reframes the way they think about their business, how it operates or even how it competes.

ROI tools should therefore be geared towards teaching the cost or loss of not changing behaviour based on the return of pursuing the re-frame, not purchasing your product or service.

It should also be noted that the companies who do best at this approach have learned to segment customers further by needs or behaviour which is called the “buyer persona” in the world of marketing for sales.

Research also showed that if your sales people’s primary goal going into a sales call is to “discover” the customer’s needs, then you’ve lost the battle before you’ve even begun to fight, because, frankly, your customers and prospects don’t want to have that conversation. Go ready to teach.

Tailoring for Resonance

Is matching the priorities and outcome requirements of the individual that you are dealing with to your overall story and what you are able to offer.

Taking Control Of The Sale

For example price discussions should be value focused around what is important about the offering under consideration to the customer or prospective customer.

Most customers though don’t actually know what they need and so Challengers go one step further and actually tell people what they need given their understanding of the situation. Again with control, diplomacy, and empathy. So, how can this be justified.

Firstly I know that the old sales mantra is “telling is not selling” and they are right if all you talk about is your products or services or what is already a given. However if you are “telling” by bringing some insightful perspective and reasoning to the table then you’re actually showing or teaching. So this is really telling more in an advisory capacity not as a “know it all” sales bore as customers later explained.

The Corporate Executive Board, surveyed well over 5,000 individuals at their clients’ customer organisations including everyone from business owners and C-suite executives to end users, purchase influencers, procurement officers, and even third-party consultants to understand what made them loyal to a particular supplier.

challenger sale loyalty driversIf you review the chart above it clearly shows that the factors that contributed most towards loyalty (over 50%) or the customers willingness to join a supplier on a solutions journey was mainly driven by the purchasing / sales experience delivered by Challengers.

It’s also clear that selling a well-branded, highly differentiated product, supported by higher-than-industry-average service will undoubtedly get you more loyalty or give you the stepping stones to deliver the sales / buying experience to build increased loyalty. So if you’re way behind the competition in any of those earlier steps, that’s probably where you should focus your efforts to begin with.

Loyalty though will not be relevant where prospects or customer place little to no value around what you do. So if your customer is dead set on buying the cheapest option today, then chances are pretty good they’ll be dead set on buying the cheapest option tomorrow as well.

Over half of customer loyalty is a result not of what you sell, but how you sell and I would go further and say that this also extends (and supports sales further) to the way you are marketing yourself which communicates insights, reviews alternatives and warns of the potential dangers ahead. Conventional branding cannot and does not do this.

The bottom line is this, if you’re going to take sixty minutes of your customer’s precious time for a face-to-face meeting, which you’ll need for a complex solution, then you’d better make sure that whatever you do with that time is valuable to your customer. In your customers’ eyes, your primary value as a supplier is your ability to teach them something, not to sell them something otherwise you will be faced with both diminishing value and a scaling back of your sales force or maybe the demise of your entire business.

Get yourself a copy of the The Challenger Sale from Amazon UK or if you’re based in the US use this link instead.

You may also be interested in this survey by Real Business which is Britain’s largest poll of senior financial decision-makers, which this year broke all records: 1,038 business leaders replied.

The Survey asks FDs, MDs and other financial decision-makers how happy they are with their auditors, banks, recruitment agencies and software providers.

It found that business leaders don’t tolerate sloppy general-isms and that suppliers must bring their own knowledge about the sector, business, products and services to their clients.

Respondents also made it clear that it’s not always about being “the best”, but about being the most appropriate for a client’s needs and decision-makers want to be listened to – and to be understood.

This Harvard Business Review on what’s wrong with sales training also supports many of the ideas in this article.

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UK B2B Marketing Trends 2012 Show A Growing Support For Sales http://www.nicwindley.co.uk/marketing/uk-b2b-marketing-trends-2012-supporting-sales http://www.nicwindley.co.uk/marketing/uk-b2b-marketing-trends-2012-supporting-sales#comments Mon, 20 Aug 2012 13:50:32 +0000 Nic Windley - Performance Sales & Marketing http://www.nicwindley.co.uk/?p=4479 The UK B2B Marketing Trends 2012 in the B2B Barometer report for April demonstrated that demand generation was the main focus and that trade shows, direct mail, email, website development and print were the main focus for many marketers, with those areas consuming 56% of the overall budget. Digital channels were expected to take 31% of budgets.  However, B2B marketers [...]

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The UK B2B Marketing Trends 2012 in the B2B Barometer report for April demonstrated that demand generation was the main focus and that trade shows, direct mail, email, website development and print were the main focus for many marketers, with those areas consuming 56% of the overall budget. Digital channels were expected to take 31% of budgets.  However, B2B marketers also recognised the importance of face-to-face, with 22% of budget allocation.

The first thing that springs out is that the top priorities point to a mostly tactical approach. It’s all about selling (lead generation, up- and cross-selling, enabling sales teams) and shouting the loudest (raising brand awareness). In the current economic climate, it probably shouldn’t be a surprise that demand generation remains a focus.

Of interest is the fact that raising brand awareness is seen as more important than three critical lead generation objectives (generating better quality leads, better enabling sales teams and nurturing leads). It suggests a greater need to cut through the clutter and have an effective brand presence, or better and greater differentiation.  However all this could become a focus of quantity of leads rather than quality of leads which would be problematic.

Less of a priority are the more strategic objectives of refining and communicating a brand positioning. As far as brand goes, it seems that the biggest thing is getting the name out there.  Which is interesting and may be counter to a companies ability to “cut through the clutter”.

As an interesting contrast, we also asked agencies what they imagined their clients’ highest priorities were for the coming 12 months and for the most part, both clients and agencies were aligned in their focus.

However, agencies deemed their clients to be far less interested in raising brand awareness than they are in reality. While 32% of client-side marketers said raising brand awareness is one of their top three priorities for the next 12 months, only 15% of agencies believed their clients hold this belief.

This may support my view that differentiation is more critical to being able to cut through than just more “brand exposure” unless of course you’ve already resolved your positioning and differentiation issue.

So we know how client-side marketers allocate their budgets, and what they hope to achieve in doing so. But is their approach effective? Participants were asked to score twelve channels according to their effectiveness in achieving their major marketing priorities (10 for most effective, 1 for least effective – average score shown in brackets in tables below).


The table above shows the perceived effectiveness of each channel at generating leads, which is what marketers see as their top priority in the coming 12 months.

Four channels are seen by client-side marketers as being far more effective at generating leads than any other: Trade shows, Email, SEO/PPC and Telemarketing.

Would you agree that these trends are aligned with your own companies objectives and activity ?

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Networking Or Schmoozing Business Relationships http://www.nicwindley.co.uk/sales/networking-or-schmoozing-business-relationships http://www.nicwindley.co.uk/sales/networking-or-schmoozing-business-relationships#comments Fri, 06 Apr 2012 07:30:00 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3750 The idea that you’re doing something for money horrifies many people.  Yet we ALL do it in some shape or form, and then justify in whatever manner we see as “right”.  Depending on how you perceive the process of networking it could be seen as just a necessarily evil to avoid at all costs or [...]

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High Speed Business Networking Event (Paris, 2...

High Speed Business Networking Event (Photo credit: Wikipedia)

The idea that you’re doing something for money horrifies many people.  Yet we ALL do it in some shape or form, and then justify in whatever manner we see as “right”.  Depending on how you perceive the process of networking it could be seen as just a necessarily evil to avoid at all costs or social way of developing your business and getting out of the office.

If it wasn’t money though we’d find something else to focus on, just like the emotional needs of certain artists to be adored, laughed with and to leave their fans amazed no matter the genres or media.

No one approach, is a greater or lesser moral than the other.

You work because you need money, you get an education so that you can get a job and earn money, you perform a particular service because you need money, you build a business because you need money, you watch how you spend your money because you need to maintain your money, you’re nice to your boss and peers because you want a pay rise because you need more money, you invest your money in order to make more money.  Yet somehow when we do something for money and it has something to do with business many perceive it to be dirty or sleazy.  Networking is no different.

We all NEED something, and in our current financial system a large part of that is money.

Many of us are fortunate to have family and friends who we spend time with (a form of networking in itself) and believe that our actions are not motivated by anything in particular, or so we believe.

Yet if you look behind the emotional garbage, you’re still fulfilling a need by making the choices you do, and it could be more money motivated than you think.  Networking is no different.

It’s a question of behavioural economics which deals with the irrational way that people behave (despite their belief in self control and logical thought) and how that affects economic transactions.  This opposes the general framework of economics which basis its methodology on the premise that people employ rational thought when making decisions.  Ha!

To really understand economics, and money, you must understand people, and then find the middle ground where the social norms and market norms collide (there are no norms as we know from the ups and downs of economic history and the ever changing world we live in).  It’s just the same with networking.

Just think about the last time you offered to pay your family for inviting you round for dinner ? That would be like injecting a market norm into a social norm, getting you into trouble along the way as people would believe that you had somehow devalued the relationship.

It’s the same in networking and because family and friendships are seen as the social norm, when it appears that we’re injecting a market norm (business and money) into the situation we suddenly come across a “moral” or “irrational” stumbling block.

The whole thing comes down to how you frame a thing and your ability to alter your perspective depending on the circumstance as long as what you are doing in the long run is to maintain the positive balance.  As Bruce Lee once said, you must become like water.

If you’d like to dig further into this realm of psychology and business, here are some books you may like to read:

Related articles

networking

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Business Development Manager Jobs Board http://www.nicwindley.co.uk/business/business-development-manager-jobs http://www.nicwindley.co.uk/business/business-development-manager-jobs#comments Wed, 04 Apr 2012 08:15:00 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3639 You may not be aware of the fact that we launched a business development manager jobs board a couple of months ago and it’s already starting to see some interest as shown in the graph below. This will be increasing over the coming months as traffic to this site continues to increase. It was launched without [...]

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WASHINGTON, DC - JULY 11:  CEO of General Elec...

You may not be aware of the fact that we launched a business development manager jobs board a couple of months ago and it’s already starting to see some interest as shown in the graph below. This will be increasing over the coming months as traffic to this site continues to increase.

It was launched without any warning or update to readers of this blog so I thought I’d take the opportunity to give people an overview, as its potentially a useful resourced for both job hunters and recruiters.

business development manager jobs portal

 

Tools For The Business Development Manager Jobs Recruiter

The most useful of tools on the job board is the ability to post a job for display on either the Nic Windley job site or network wide across the whole Job Thread international network of sites.

This is important for two reasons, firstly that unqualified candidates make up nearly 50% of most job responses and that the “perfect fit” is probably already employed somewhere else and unaware his dream job could be up for grabs.

So to eliminate online recruitment inefficiencies the JobThread network provides targeted advertising that attracts ideal job candidates in less time and for less money.

You can tap into a powerful network of influential web publishers, blogs and niche sites to find the “Perfect Fit” for your role.

As we also touch on sales, marketing and technology on this site you should also know that targeted verticals within this network include

  • IT/Technology
  • Digital Media
  • Marketing/Advertising
  • Green/Sustainable
  • International Relations
  • Legal
  • Diversity

That’s a whole lot of talent that you could be tapping into.

Services For The Biz Dev Jobs Applicant

Are you doubting whether you should be putting yourself through all that pain of applying for jobs on those mass untargeted job boards ?

Well you’re not the only one and here why:

  1. Mass job boards get deluged with candidates who are mostly unsuitable.
  2. Many of the advertised positions are probably out of date or even hooks just to get CV’s.

All of which significantly reduce your chances of actually getting your profile noticed by the right people and at the right time. You’ve only got a limited time to find that next job so why waste it in the wrong places.

Instead why not check the jobs board for live active roles that recruiters are currently seeking applicants for or if you prefer you can follow our jobs twitter feed to receive the latest opportunities instantly and directly to your twitter messaging inbox.

Either way you can save yourself a ton of time by avoiding all the junk and getting directly to the roles that are most suitable and live.

Here’s to your job hunting and landing that ideal business development manager role.

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How To Time That Sales Deal http://www.nicwindley.co.uk/sales/how-to-time-that-sales-deal http://www.nicwindley.co.uk/sales/how-to-time-that-sales-deal#comments Mon, 02 Apr 2012 08:15:27 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3620 You’ve probably been staring at that sales deal on your forecast now for months. As each month goes by and each quarter merges into the next, for some reason that deal keeps getting pushed out. Every time you call them up they keep telling you it will be next week, or soon, or some other [...]

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Deal or No Deal (video game)

Deal or No Deal (video game) (Photo credit: Wikipedia)

You’ve probably been staring at that sales deal on your forecast now for months. As each month goes by and each quarter merges into the next, for some reason that deal keeps getting pushed out. Every time you call them up they keep telling you it will be next week, or soon, or some other date in the near future, yet its just not happening and its getting a little embarrassing.

One of the best excuses I heard during a sales meeting was that the person who signed off the PO’s had…..wait for it……gone moose hunting. Guess what, that deal never came in.

Sales people are tasked with delivering numbers and usually within a defined time. That’s great in an ideal world, however few things happen as we want them, especially in the beginning with sales and until you’ve got enough opportunities on the go.

Learning About Your Deal

Every sales opportunity that presents itself should be going through a cycle and assuming its passed your qualification and the “real deal” tests its now a matter of continuing to confirm what is really happening.

During your discussions with this customer (new or potential) you would have been learning about whether a problem big enough exists to justify change (motivation), that your solution fits into their current business without significant impact (risk), delivers enough value (return on investment) and if so how it will be financed (money) and what’s involved in getting it signed off, who’s involved and they’re level of involvement and agreement (process and people) amongst other things.

As well as determining the controlling factors you also want to learn about the real time scales. It’s easy to assume something and for other to say something to try and please others. Fact’s though, rarely lie though.

Not only will there be individual factors that will be controlling this deal, there will also be cultural factors that will affect how things happen. Some businesses take more time to make decisions, whilst others have a greater risk appetite. Your job is to determine the factors and culture and create a picture of this deal and how things should unfold within a given time frame.

A stopwatch is a hand-held timepiece designed ...

(Photo credit: Wikipedia)

 

Factors That Can Impact Your Sale

If you raise your expectations against the evidence and start pushing when the timing is out then things can start to unravel before your very eyes and the deal you worked so hard to bring together just falls apart in front of you.

Likewise if you and your team is not responsive enough to the people involved you can have the same result as your buyer loses faith in your ability to deliver and begins the search for an alternative source of supply.

Just like most things in life there is no “do this” or “do that” and you’ll be guaranteed results. Instead you’ve go to spend time doing the research and building the facts than you have in guessing and hope-casting what might happen.

Sometimes, its something simple that is slowing things down like the size of the deal or investment (risk) so by carefully finding a way to create a smaller deal as a test or provide some level service before investing could help you take a small step towards concluding that bigger deal and you have a closed sales increasingly the likelihood that they’ll spend more money if all things pan out. However, this will impact your overall sales cycle and it should therefore be factored into the equation.

It could be that they’ve just forgotten about this deal because something’s cropped up and its no longer the priority it was, or the decision making team has changed or even a takeover or merger.

Complex sales and even smaller deals to a certain degree require you to be more like an “investigator” or “analyst” to determine the facts and build the scene. Until then, never assume, just test until you’ve got your timing about right.

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The Next BIG Ethical And Socially Aware Business Ideas Will Be Giving The FINGER! http://www.nicwindley.co.uk/business/the-next-big-ethical-and-socially-aware-business-ideas-will-be-giving-the-finger http://www.nicwindley.co.uk/business/the-next-big-ethical-and-socially-aware-business-ideas-will-be-giving-the-finger#comments Mon, 12 Mar 2012 08:02:33 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3515 Business has a responsibility.  It shouldn’t take without giving back.  Its at the heart of being a socially aware business and on the whole ethical. Its a concept that the industrialists of our past put to good use when they created the industries that made England famous worldwide and helped to bring many out of [...]

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giving-the-fingerBusiness has a responsibility.  It shouldn’t take without giving back.  Its at the heart of being a socially aware business and on the whole ethical.

Its a concept that the industrialists of our past put to good use when they created the industries that made England famous worldwide and helped to bring many out of poverty, dramatically improving the standards of living and futures of countless people while bringing forth innovations that were to change the world forever.

Being a socially aware business was good for everybody.  Yet back then we were unaware of the overall impact of our industrial activities, though, as our knowledge has expanded from these roots we now have a much clearer understanding of these implications and this will drive tomorrows focus on better and cleaner technologies.

Todays big businesses like John Lewis and the Cooperative have continued to employ ethical working practices towards their staff and suppliers and their longevity and support has been consistent for many years.  Yet for many big businesses this has not been the case.  People are more aware, want better choices and see the need for change.

With the extensive array of technology and knowledge now available at our finger tips we are at the cusp of yet another wave in our social evolution.  Some may say for the worst, others for the better.

Business will play role in that, and will evolve itself into something different than what we understand today.

Our challenge right now is to unleash the ideas that will address the big ethical and social issues we now face and to do that at a time where we are financially constrained and with such severity.

Project like O2’s ThinkBig (from the O2 business) is helping to stimulate some of these initiatives amongst younger people.

We must go further than that, and challenge the conventions of today.  With the help of big name and brands like Richard Branson’s Virgin Unite we take yet another step in that direction.

In fact Sir Richard has launched an international competition offering people with great ideas that are “giving the finger to business as usual”, the chance to win a money-can’t-buy connection trip to South Africa with his non-profit foundation, Virgin Unite.

The aim of the foundation is to encourages business to become a force for good, putting people, planet and profit at the core of what they do.

Image representing Richard Branson as depicted...

Image via CrunchBase

When asked Sir Richard said: “We’ve got a shot at really pulling together to turn upside down the way we approach the challenges we are facing in the world and look at them in a brand new entrepreneurial way.  Never has there been a more exciting time for all of us to explore this great next frontier where the boundaries between work and purpose are merging into one, where doing good, really is good for business.”

As part of the prize, the winner will get to meet frontline leaders who are making a difference, share ideas with young entrepreneurs at the Branson Centre of Entrepreneurship, South Africa and then get to spend several days with Sir Richard and the rest of the group, experiencing the beautiful wildlife of South Africa at Ulusaba, Sir Richard’s private game reserve.

Finally, they will have the opportunity to discuss their business ideas with Sir Richard himself and be featured in his next book.

Anybody can enter by uploading their ideas online at the Virgin Unite website, either as short videos or written pitches. Already hundreds of creative and innovative business concepts are piling up from today’s ethical entrepreneurs. An entry can be a story or brief description of a business or social enterprise in action anywhere in the world. An inspiration – in words, thoughts or on film – that shows a new way of creating or transforming a business, or will create a consumer movement that will create demand for better products or services.

Every month, the top five entries with the most social shares (votes) will each receive a prize and the top 10 ideas, as voted for by the online community, by 17th April 2012 will be evaluated by an Independent Judging Panel who will select a grand prize winner.

So, if you want to be part of the revolution get your thinking cap on and get your entry in without delay.  I may even give it a go myself Winking smile.

However, if your shy, need some help developing ideas or are looking to team up with others then why not leave a comment below and maybe it will connect you with other like minded people and lead to bigger things.

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Business Modelling And Experimentation – A Path To Growth http://www.nicwindley.co.uk/business/business-modelling-and-experimentation-a-path-to-growth http://www.nicwindley.co.uk/business/business-modelling-and-experimentation-a-path-to-growth#comments Wed, 08 Feb 2012 21:14:05 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3433 Far too many of todays businesses (and the principles on which they’re built) base their foundations on what used to work, fixed plans around fixed ideas. It doesn’t take a genius to figure out that things are very different from what they were 1000, 100 or even just 10 years ago, which is my business [...]

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business modellingFar too many of todays businesses (and the principles on which they’re built) base their foundations on what used to work, fixed plans around fixed ideas. It doesn’t take a genius to figure out that things are very different from what they were 1000, 100 or even just 10 years ago, which is my business modelling and experimentation is on the rise.

Its moving fast, has become hyper dynamic and is forcing us review the balance between both the “big” (think country or company) and the “small” (think groups and people) and so as businesses or entrepreneurs we’ve got to reconsider our approach to developing and growing new companies and ideas when finding ourselves in these new evolving states.

All too often it used to start (and still does) with a product or service idea and then a business plan which is ultimately designed to support the ideas of the entrepreneur, when actually what we need is a business model based around fulfilling a need, want or desire which can be tested and experimented with until we know what works, not what we think might work. In the world of trading (such as shares and currencies) there is a famous saying that “the market is always right” and this is becoming more and more true of business today, let the market show you what will work and what won’t.

No longer should it be about betting the farm on a fixed idea, and bashing it until “it” (or you) dies, because it’s not aligned well enough with the market (end user or customer). Instead we can test and evolve a model with the market in real time, letting the market decide the outcome. The need for integrated marketing that allows for the testing of marketing ideas (and therefore product/service concepts) which can be feed  back into the development process is crucial.

Usually businesses and their ideas mostly fall into two categories (a bit like marketing) which are either too creative (that includes being too emotionally attached to something) or too business focused (overly analytical, process and profit orientated), ultimately failing to blend together all of these components into a workable system that touches both hearts and minds of people and which can be evolved. Yes, business models, systems and experimentation is a very creative process.

Businesses also need to shift their mind-set from product or service orientated views into ones which are far more customer centric, designed and built around the market and its inhabitants. In much the same way that marketing is now evolving to be more centric and “inbound”. It’s about the people and the relationships and conversations.

As somebody who’s spent time at different stages of the idea creation to realisation and delivery process (and not always successfully) the concept of modelling and experimentation is a liberating approach to developing a business and gives us the opportunity to do things without losing a ton of money and time on ideas that won’t take.

Here’s how other companies, among the leaders in this field are using these concepts such as IDEO.

As much as I love engineers and scientists (its my background after all), often I find myself confronted with people who want absolute perfection. Yet the perfection they seek, is perfection of their own mind, not the markets or the customers and it will kill the company or that idea if too much time is spent on tinkering to get it just right or perfect instead of letting the market decide in real time and evolving it as you start your relationship with the market.

How To “Learn And Launch” – Experimenting With A Business Model In Real-time

Lots of companies have what’s know as “lunch and learn” sessions where different groups or individuals talk others through their experiences on a project so that others can see how it was handled in the real world and not just down on paper or conceptually.

Planning is great, however the real learning and delivering is achieved in the doing and so we need rules or guidelines give us direction as well as the flexibility to change direction when necessary.

Likewise, business is really done in the doing, which is why failure is so important and even more so today. You’ve got to be prepared to fail more and let go of emotional ties to things until you’ve been proven right or wrong and as quickly and cost effectively as possible. What you think has no relevance when its comes to success, its what others think that will determine the ultimate success of your idea and the organisation that supports it. However there are things or guidelines that will help you understand if you are headed in the right direction;

  • Don’t over plan – do execute and have system of measurement in place
  • Keeps your planning simple – just a single page or hypothesis
  • Let a few in on the idea – get their input for improvement
  • Create a prototype – set a date to review
  • Define what success will look like – give it a metric
  • Take on-board what you’ve learnt – adapt and re-launch a few times
  • Benchmarks results against each launch – again your planned definition of success
  • Repeat the process – continue to scale and evolve

Please tell us about your own experiences of launching and learning.

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Lessons From A Door To Door Salesman http://www.nicwindley.co.uk/sales/lessons-from-a-door-to-door-salesman http://www.nicwindley.co.uk/sales/lessons-from-a-door-to-door-salesman#comments Thu, 12 Jan 2012 08:41:43 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3367 We don’t see many door to door salespeople these days.  Once upon a time though they were a significant force in the sale of consumer products. The other day I stumbled across a couple of videos which gave me a real slap in the face. Make of these videos what you will.  For me, this [...]

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We don’t see many door to door salespeople these days.  Once upon a time though they were a significant force in the sale of consumer products.

The other day I stumbled across a couple of videos which gave me a real slap in the face.

Make of these videos what you will.  For me, this is a great lesson in attitude, personality and the power of the story in sales.

Here is a series of recordings of this salesman, Kenny Brookes, in action.  Watch and learn.

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Copycat Marketing Folly http://www.nicwindley.co.uk/marketing/copycat-marketing-folly http://www.nicwindley.co.uk/marketing/copycat-marketing-folly#comments Tue, 10 Jan 2012 09:18:40 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3347 One of the toughest challenges within marketing is dealing with others perception. Considering you can study for a PhD in marketing, there are millions of books, webinars, websites, courses, associations and suppliers its unsurprisingly a very broad, complex and often misunderstood world that blends together art and science. For the outsider, which in most cases [...]

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One of the toughest challenges within marketing is dealing with others perception.

Considering you can study for a PhD in marketing, there are millions of books, webinars, websites, courses, associations and suppliers its unsurprisingly a very broad, complex and often misunderstood world that blends together art and science.

For the outsider, which in most cases is the start-up or established company looking to grow with little to no marketing experience or education, it’s even more misunderstood, as the way that most end up judging marketing will either be based on their own experiences, beliefs or what others tell them. Rightly or wrongly.

This creates a spectrum of view points from “it doesn’t work”, “marketing cheapens products”, “marketing is a waste of money”, “I won’t spend money on marketing”, “marketing is lying to people”, through to “marketing is what everybody else is doing”, “marketing is making things look good”, “I’m not sure what our marketing is doing” and eventually “without marketing our business would not be here”, “marketing IS our business”, “marketing is how we continually innovate”, “marketing is the reason that we have all these customers”.

Marketing works for everybody if you use it correctly. However if you’re looking to invest little money and do things quickly you’re probably of the “opportunity seeker” mind-set rather than the “business builder”. You’re chasing a dream with an unrealistic strategy, rather than building a future on realistic terms. Under those circumstances marketing doesn’t work.

Whilst seeking out opportunity is a good thing, you must switch your mind-set to becoming a business builder that can determine what it’s really going to take to make something a success that isn’t based on hope, misplaced views or incorrect beliefs but a deliverable set of steps, just like when you’re creating SMART goals which are specific, measurable, achievable, realistic and time bound.

You can’t do smart marketing unless your business goals are also smart. Whilst there is a case for replicating the components of a successful strategy (which you are certain is actually working and responsible for the results) you should use it as a starting point from which to evolve your own strategy.

“Follow The Money” Does Not Mean Follow Your Competitors Blindly

Often I hear, “yes, but my competitors are already doing this and look, its working for them”. I then ask what factual evidence they have to base their decision that their competitors are profitable and not debt ridden and that their marketing is actually responsible for bringing in the business and not just a waste. The answer is always “well, I’m not sure”. You must have evidence that supports what you see and what is actually happening.

It’s like the local pub that’s advertising right across the region and wasting a ton of money instead of concentrating on delighting local customers. It doesn’t generate any business for them expect to support the owners grandiose ideas about his single and only “global” pub business. You’ve got to match what you’re doing to your potential customers and with your business goals.

The only winner is the person selling that advertising or marketing and later using it as a stick to push your competitors into doing the same. “Oh look your competitors are doing it!” or “We did a great job for them because they said here” does not equate to “It works and created x leads or y sales”.

Marketing Is A Goal Driven Process – So What Are Your Goals And Where Are You Driving It ?

If you’re doing some form of advertising or marketing then stop for a minute and step back. If you can’t honestly say what its brining back to your business in terms of a return on your investment then you need to seriously ask yourself this question.

“What am I doing and why am I doing it ?”

  • Does your business and its product or service have something specific to offer its audience that isn’t necessarily being solved well elsewhere ?
  • Do the methods you are using for marketing your company actually connect with your buyers and generate more leads, sales and loyalty than it’s costing ?
  • What goals or aims did you have in mind before you started marketing and what analysis did you do to decide what activity, costs and time would be necessary to reach those goals ?
  • Are you analysing what you’re doing to decide what is and isn’t working and how to adapt your strategy to bring you closer to what you need or want from your businesses marketing ?

If you’re unclear about any of these things, you’re probably just wasting time and money marketing in the hope that something will happen.

STOP! Marketing will not work for you until you give it a reason to work.

copycat marketing personalityHere’s an interesting book on why copycat marketing kills personality and eventually kills business, unless you can evolve a model and make it your own you’re just another one of those companies that does widgets, so why should anybody buy from you ?

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How Geological Business Development Could Save Your Company http://www.nicwindley.co.uk/business/how-geological-business-development-could-save-your-company http://www.nicwindley.co.uk/business/how-geological-business-development-could-save-your-company#comments Mon, 28 Nov 2011 08:30:48 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3224 If you’re business model is designed to compete in an overcrowded industry or sector, where “innovations” are mostly line extensions to existing products or service, then you’re probably going to hit a plateau or even run out of steam in the not to distant future, if you haven’t already.  Unless of course you can easily [...]

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geological business developmentIf you’re business model is designed to compete in an overcrowded industry or sector, where “innovations” are mostly line extensions to existing products or service, then you’re probably going to hit a plateau or even run out of steam in the not to distant future, if you haven’t already.  Unless of course you can easily stand out from the crowd.

In more and more industries, supply is actually overtaking demand causing the inevitable commoditising of products and services and the eventual profit erosion and even downfall of businesses who rely predominantly on “direct competition” for their business.

Sustainable growth will only come when businesses find those spaces where little to no competition exists.  Easier said than done.

What’s “new” though is often closer to home than many of us would think.

From a geological perspective new oceans form (rather slowly, and within the space-time continuum in no time at all) when barriers or boundaries break down allowing water to run into new territory. This could be dry land or sometimes it forces land to part and allows two different water fronts to come together.

The same is true about geological business development, where the boundaries of a market are redefined. The first question you might be asking though is all that effort worth the return ?

New Geological Market Formations Yield High Return Eco-System For Business Development

In a study of 108 business launches by Harvard Business Review, it found that 86% were mainly line extensions, while the other 14% actually created new markets or industries.  Line extensions accounted for 62% of revenue, and generated 39% of profits.  By contrast, 38% in total revenue was generated where new markets and industries were created and staggeringly they delivered over 61% of total profits.

Looking at it another way;

  • 86% of effort resulted in, 62% revenue and 39% profits.
  • 14% effort resulted in 38% revenue and 61% profit.

This is also a classic example of the 80/20 rule in action, where 80% of returns comes from just 20% of effort.

All too often businesses focus on ramping up sales revenue at the expense of profitability, until the business is balanced on a precarious edge where either the banks burst, forcing new rivers to form or they just collapse and eventually dry up.

Business development is like the evolution of our planet where species have survived and thrived where the competition for food has not been great or where one species has an overwhelming advantage over the rest.

Our planets millions of years of evolution was mostly at the hands of significant forces of “nature” and chaos theory.  In recent times though the human race has learned to create some order to improve and stabilise living conditions.  We have learned a survival strategy which has allowed us to firstly adapt and secondly redefine our environment.

Base Your Action On The Art Of War, Not War Itself

Cover of

Cover of The Art of War (History and Warfare)

Business development is part strategy, part action and a blend of principles including sales and marketing.  Most business strategy over the years has been influenced by the military, from company “officers” to being active on the “front line” and “attacking” the competition head on. This is a limiting strategy and  there is usually only one, or maybe a few winners, as Sun Tzu demonstrates in the book “The Art Of War”.

The basic premise of the book is to avoid fighting a head on war in the first place. If a fight is unavoidable, your next move is to make sure that you do not fight the obvious fight, on their terms.  Unsurprisingly Sun Tzu was, and still is, thought of as a master of strategy and the book has more to teach than just warfare.

You next question is now what strategy.  To define that we must first lose the conventional meaning of competition and look at the reasons that new business eco-systems form.

Whilst many would believe that technology is the defining “force” or “weapon” which causes these markets to form, research from the Harvard Business School presents evidence to the contrary.

In fact across three representative industries new eco-systems were seldom the direct result of technological innovation, as underlying technologies were already present in every case.  An obvious example is Henry Fords revolutionary assembly line which can be traced back the meat-packing industry.

Another belief is that established businesses are often disadvantaged (becoming disconnected from the market) and so it takes companies outside the established market to define these new eco systems.  Once again research from Harvard Business School showed that many of these new eco systems were created from within established companies.

It’s really about linking technology to what buyers valued.

It’s Not You, Its Your Strategy

The key to all this is making the right strategic moves.

  • Firstly don’t benchmark yourself against the competition – make them irrelevant by creating value for the company and the buyer that’s ahead of anything else.
  • Secondly, reject conventional strategy which dictates you either differentiate or lower costs – new eco-systems are formed when you pursue differentiation and cost reduction simultaneously.
  • Thirdly, shift your mind-set from the limited beliefs of fixed structural industry conditions (deterministic) to ones that are shifted by your actions and players in the industry (reconstruction-ist).

As well as creating more value and reducing the companies cost base there is one other significant advantage that both strategic thinking and strategic action in this way can achieve and that is a considerable barrier to entry for other would be imitators.

Companies like eBay, Cirque De Soleil and The Body Shop are classic examples of models that other companies found impossible to imitate because it would have meant a complete U-turn on their core beliefs, in turn invalidating their customers.

Instead of trying to beat the competition and steal a share of existing demand, these companies reconstructed the boundaries of conventional market wisdom, in just the same way that Henry Ford made a more reliable and durable car more cost effectively.

What strategic moves have you made that contributed towards reshaping the boundaries of your market and creating new eco-systems ?

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WANTED: Guest Blogger On Business http://www.nicwindley.co.uk/business/wanted-guest-blogger-on-business http://www.nicwindley.co.uk/business/wanted-guest-blogger-on-business#comments Mon, 07 Nov 2011 20:50:06 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3103 The nicwindley.co.uk site continues to expand its readership despite the encroachment on my time that work and other ventures are having. Whilst I have a lot more to share I’m acutely aware that the business arena is vast and constantly evolving so I’m opening up the floor to other guest bloggers and community writers that [...]

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The nicwindley.co.uk site continues to expand its readership despite the encroachment on my time that work and other ventures are having. Whilst I have a lot more to share I’m acutely aware that the business arena is vast and constantly evolving so I’m opening up the floor to other guest bloggers and community writers that can share relevant business, sales and marketing ideas with readers of this site.

My own personal background has been a journey which started as an engineer and had me move into sales, marketing and business.

Tell Your Story As A Guest Blogger

I’ve seen highs and low, the best and worst and have many stories yet to tell, which may just surprise one or two of you, and of course many more to come.

As yet I haven’t really shared a lot about  my technical or technology experiences from a business, sales and marketing perspective although I’m sure an opportunity in the not to distant future will open up for me to do some of that.

What has amazed me throughout my journey so far is the ignorance I’ve seen displayed by people from different disciplines and backgrounds. From engineers blaming marketers for cheapening their products, sales people blaming engineering for not giving them what they want, everybody else blaming sales people for anything that could go wrong, business leaders not being recognised for the good they create while other leaders get away with shameful abuses of power and position along with all those that don’t understand the bigger picture and want to blame technology for all that is bad in the world.

It’s simple, the problem and the solution are the same. Its people, never the things. And its why blogging and sharing evidence and stories is so important.

Guest Writers Should Take A Stand On Something

In recent times I’ve seen an overwhelming need for business to become more connected with its social roots and contribute back into the communities from which it relies, takes and owes so much. There are the beginnings of what could be called a revolution on the horizon, although I’m sure we are many decades away from seeing, however everything has to start somewhere. Business has a role to play, and it is those of us who are willing to discuss, share and explore its evolution that can have the opportunity to be part of the solution.

So, whilst we are on the topic of our social duty and giving back, if you think you have something worthwhile to share that would help people to learn something new, gain a different perspective or understand modern thinking or methodology then I’d like to receive your guest business blog posts.

Good Writing And Blogging Is About The Give And Take

Please bear in mind that the aim of this site and the posts within it are to share something useful, while promoting something as useful, so please avoid blatant pitches but don’t be afraid to let us know about something.

By all means get in touch with me before you post, however you’ll still need to use the link above to register and submit your articles.

I shall of course continue to post on the site myself and administer it as I’ve always done and plan to make it bigger and better.

As Benjamin Franklin once said “Either write something worth reading or do something worth writing“.

Use this link and become a guest blogger for the site.

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How To Get Marketing To Do The Business Development Grunt Work For You http://www.nicwindley.co.uk/marketing/how-to-get-marketing-to-do-the-business-development-grunt-work-for-you http://www.nicwindley.co.uk/marketing/how-to-get-marketing-to-do-the-business-development-grunt-work-for-you#comments Tue, 18 Oct 2011 14:39:36 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3072 Business is full of laborious tasks and selling and marketing can be one of the most mind numbing experiences of your life, due to the excessive repetition involved which at times can make you feel like you’re doing unintelligent work, which you got all dressed up for in your dare devil costume, only to find [...]

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business development grunt workBusiness is full of laborious tasks and selling and marketing can be one of the most mind numbing experiences of your life, due to the excessive repetition involved which at times can make you feel like you’re doing unintelligent work, which you got all dressed up for in your dare devil costume, only to find yourself going nowhere fast.

It’s grunt work that just doesn’t justify your time and effort given the results because your way smarter and more effective than that and there are much better ways to achieve the same outcome.

Selling is a cycle of ascension that guides a buyer from interest to action and one of the best tools for describing this is with AIDA which stands for Attention, Interest, Desire, Action.

First you attract your audience’s attention, next you build interest in order to maintain their attention and then you establish desire (which is typically a need to solve a problem in business) so that you can finally ask for action. It’s very similar to a sales cycle.

Marketing is one the most powerful tools at your disposal for automating a lot of your selling work.

It allows you to “pre-sell” an idea of who you are, what you stand for and what it is that you can do for your customers. Most marketing falls prey to the same pit falls that selling does and loses the attention of your customers and prospects right from the word go.

That’s because far too many marketers (and sellers) use ploys or gimmicks like meaningless puns and strap lines which try and impress or close down a prospect quickly, which actually creates more resistance.

Instead, at the very beginning you should be talking to your prospect as if you were talking to a long lost brother or sister who you’d just met for the very first time.

Show them that you understand their problem or where they are coming from, then spark their attention with a meaningful response which shows that you care and offer a way for getting to know each other better. Show them evidence of your experiences and family connections and finally move onto the last step where you mutually agree on some kind of action or next step which might involve meeting again.

The customer supplier relationship is no different.

Your Strategy Should Be To Campaign Not Pitch Or Promote

Sellers are instantly at a disadvantage because customers don’t like being “sold to” and guess what sales people do ? They sell, so if your marketing and selling starts with a pitch or promotion you will find yourself, or your marketing, being shut out.

It’s easy to spot when your marketing is full of puns and gimmicks or your sales people are asking assumptive questions and you’re talking about products and services to drive towards the close without ever establishing whether there is a situation that does need you to actually sell something and is usually much later in the process.

Instead you should focus on education and training that helps your prospects and customers achieve something or learn something. Each piece of communication should reinforce the very idea of how you can help your customer and what it is that you do without pitching or promoting.

Your building a case around a topic or idea that you can support with content you produce and supply in a series of information articles, guides, videos or audio interviews.

Effective Marketing Automation Eradicates The Labour Intensive Low Return Repetition Work

Selling and marketing requires a constant stream of activity so that it can cut through the clutter and noise in any given market. It’s a relentless and time consuming activity.

It’s made worse when you’re not doing the right things in the first place and no matter how much repetition you do, things just get worse and not better.

Repetition is an industrial throw back and its always been associated with low paid and low skilled work which is why automation and robotics eventually replaced people on many production lines.

When all you are doing is laborious mind numbing work it’s difficult to focus on doing the things that really grow and develop a business.

To truly unleash your business development potential and increase the trajectory of your company’s growth you need to have some foundations in place first, which will help you build an effective system. The key to this is implementing components that take away the grunt work and actually enhance your customer relationships so you may be surprised when I tell you to use automation.

Often automation conjures up images of complicated menus and clinical processes which in business gets associated with those bad systems used by call centres. With ease they demonstrate their inability to perform simple tasks like directing calls correctly or forcing you to hang on the line for 40 minutes while they remind you how important your call is before you even get a chance to speak to a real person.

It’s not the automation that is the problem it’s how it’s being used because of a lack of education, improper training, poor staffing levels and many other choices made by the company using it. But you’re not going to make those mistakes because you already know far more than those big dumb businesses who just don’t know any better.

Automation is an essential part of everyday living, and in fact most of our lives are automated in some way. Whether it’s the dishwasher, alarm clock, oven, lawn mower, or car, all of these automated components help us to avoid time consuming manual labour so that we can do more with our time.

Automation when used correctly enhances the outcome and should not detract from it. This will be the same for automation in your sales and marketing system.

Selling and marketing automation that actually builds a relationship is not a fairy tale despite your bad experiences. It’s going to be essential for scaling up the growth of your business with the optimum level of resources and minimum waste.

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Why Sales And Marketing Integration Can Accelerate The Growth Of Your Business http://www.nicwindley.co.uk/sales/why-sales-and-marketing-integration-can-accelerate-the-growth-of-your-business http://www.nicwindley.co.uk/sales/why-sales-and-marketing-integration-can-accelerate-the-growth-of-your-business#comments Fri, 14 Oct 2011 18:31:08 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3050 Marketing and sales have been separated for far too long. In fact things have gotten way out of hand and instead of an overlap where the two departments met in the middle, work together and exchanging ideas to support one another we have petty rivalry, misunderstandings and downright confusion. Very similar to the problems many [...]

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sales_marketing_integrationMarketing and sales have been separated for far too long. In fact things have gotten way out of hand and instead of an overlap where the two departments met in the middle, work together and exchanging ideas to support one another we have petty rivalry, misunderstandings and downright confusion.

Very similar to the problems many businesses are facing trying to connect with their market. It’s a serious problem for those big companies but an opportunity for the smarter SME who can evolve and develop smarter working practices.

Advertising And Marketing Is Selling In Words And Selling Is Advertising And Marketing

Marketing and advertising has only one purpose and that is to generate leads or make sales, and what generates leads and sales ? It’s the selling of ideas and concepts. So marketing is really selling in words, not some overly creative and colourful adventure.

If you were to look at your business and its marketing or advertising practices and you saw excessive use of graphics and pictures and few words which actually talk directly to the people in your market and their problems then you have a disconnect because you’re getting far too creative.

Its distracting you from the real purpose of what your marketing is and that is to sell or to obtain somebody’s buy-in to a mutually beneficial outcome, whether it’s a download, booking an event, fixing up a meeting or arranging for a review to actually buy something.

From a direct sales perspective you’re involved in establishing a good fit between you the supplier and your prospect or customer, which often means talking to enough people until you find a good match.

For most new business this usually involves you in cold call prospecting which is very labour intensive and increasingly time consuming. Your experiences may have already proven to you that as each day goes by sales barriers continue to rise against the tide of change and the effectiveness of old school “dialling for dollars” is diminishing rapidly.

You can improve your chances of success though by realising that marketing is selling, and blending together evolved sales strategies with accountable marketing rules for lead generation that don’t involve you in chasing buyers all of the time.

One of the best ways of learning how to do this is to study the companies that know how to sell in these mediums.

Where To Go And Learn The Formulas For Selling Remotely In Words

Many people will turn to friends for advice, but the problem with that is its advice based on another’s persons situation and beliefs, which may not fairly represent your own.

Just the other day a TV programme called Rogue Traders showed a man had employed a builder on a friends recommendation. After paying £40,000 upfront for work, the job was never completed and the house was left in an almost irreparable state.

The reason we choose our friends for advice is because of an emotional bond, not because it makes logical sense.

Words are the emotional components which bind people to each other and you to your prospects, customers and key audiences. It’s the reason that mainstream music always contains meaningful and relevant lyrics which emotionally connect with their fans, and can be listened to on the track or read from the album cover. One of the greatest examples of this was the Beatles.

A great example of effective selling using the spoken word is digital TV shopping channels like QVC.

They are product sales channels that operate 24/7/365 and buyers actually volunteer to watch them which is in direct opposition to most advertising on TV which just gets turned off.

Why is it that a TV channel which is just one long selling engagement has its audience volunteering to watch it, when most buyers watching a regular TV show instantly switch off or turn the sound down to eliminate the words when an advert that is trying to sell something appears ?

If you’ve ever watched one of these shopping channels you may have found yourself being drawn into the programme as the presenter talks to you like you were the only person in the room, even though you were not intending on actually buying anything.

Watch on and you’ll see them talk directly to you, making a personal connection. They get into the problem first, then involve you in a solution and later the product itself, finally concluding with an irresistible offer.

These items are commodity products which are being sold using the power of words, not image.

Don’t be fooled by the general nature of these products as it’s not an excuse for ignoring what they’re doing because you represent a cooler, sexier technological wonder and this is somehow inferior. Far from it, these are the building blocks of effective communication with words.

Most of the readers of this paper are probably already accomplished direct sellers, but if only they could get in front of enough of the right buyers it would make all the difference.

It’s true that you can use video to achieve a similar thing and connect with your audience, but not everybody wants to be, or is good in front of a camera which is where selling using the printed word comes into its own. You can even send it in the post, and yes, direct snail mail is still effective.

No matter what you look like or how you sound, writing gives you the very best opportunity to use your knowledge to show how you can help your customers, which is the only thing that counts.

By their very nature direct response marketing companies are organisations that sell using words in printed material. They are the people that have learned what it takes to slice through the mayhem in any marketplace and their skills are used by many of the world’s most successful companies.

Virgin’s founder Richard Branson started in the mail order record business and still uses direct response marketing style approaches as did Sir Alan Sugar, now famous for the UK Apprentice programme. They have employed formulaic approaches to selling and marketing based on rules which have withstood the test of time.

There are no parlour tricks or misleading gimmicks, just cold hard measureable results, which if you take the time to learn and master will bring you predictable outcomes.

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Why Business And Sales Proposals Are A Waste Of Your Time http://www.nicwindley.co.uk/sales/why-business-sales-proposals-waste-of-your-time http://www.nicwindley.co.uk/sales/why-business-sales-proposals-waste-of-your-time#comments Thu, 13 Oct 2011 17:31:38 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3034 A suspect calls you up without having spent much time with your online sales persona otherwise called your website and the conversation contained within it.  The reasons why are probably numerous and might include; your site was never designed with lead generation in mind so they probably wouldn’t be able to engage with you in [...]

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sales proposalsA suspect calls you up without having spent much time with your online sales persona otherwise called your website and the conversation contained within it.  The reasons why are probably numerous and might include;

  1. your site was never designed with lead generation in mind so they probably wouldn’t be able to engage with you in any other way except to call you up as a last resort.
  2. they’re not really interested in buying, but they are interested in picking your brains to see what they can find out for themselves, you know, kick a few tyres.

Never the less they’re local so you go visit them without really qualifying whether there’s a real need for you to do so, or whether this could be done remotely first to at least determine if there is a fit.  Once you’ve established some common ground you could then arrange a meeting to explore the details.  Never the less, you go anyway.

You’ve now spent time with them now and they seem unusually focused on the details and reluctant to focus on goals and where they want to take this and why they want to do it, but you unwittingly take this as a sign they’re interested.

At the end, they ask for a proposal, yet something deep down tells you that they’ve not quite bought into your ideas and there is some resistance, even nervous avoidance of certain issues and commitments.

Guess what, you’re right, they’ve not bought into it yet (if ever), yet somehow you logically convince yourself that without a detailed proposal this suspect will never become a customer.

So, you go away and spend hours crafting the perfect proposal which will nail this deal once and for all.

You feel proud after sending it along to your suspect, only to find out that you never hear back.

Something went wrong.

Don’t Blindly Follow Your Customers Demand For  A Proposal

Just because your in sales doesn’t mean that your time or expertise is worthless and should be spent pandering to every beck and call of suspects, prospects and customers. It needs to be give and take. When its all take from them and give from you, something isn’t right.

You’ve probably done a number of things at no cost already and yet still they ask for more.

Instead you need to challenge this, and quickly, before you waste a lot of time and effort on an opportunity you’ll just keep chasing.

Know this, customers are equally as good at avoiding the truth as suppliers are.

A summary, outline, or possible service / product package that gives an indication is a good way to test what’s going on.

Arrange for a free trial or something which pulls them closer to your product or services and you into their business without taking up too much time and expense, and see how they react. If they push away it wasn’t real.

They’ll probably agree at first and then all of a sudden they’ll turn you down.  Told you so.  Sure, they’ll have a great excuse, a fix they arranged literally within days, or they never fix it and nonchalantly turn you away as if you have some kind of transmittable disease.

The Sooner You Determine If Something Is Real Or Not The Less Time You Waste And More Time You Have For Better Opportunities

They’re just shopping, browsing, having a mooch with no real intention of buying.  I wonder if….. ?

If you believe that you are somehow less important in this story then go ahead and write your proposal.  But don’t complain when you don’t get the business until you’ve qualified the situation.

You see the less time you was with these people, the more time you have to find the right people and spend with the right people.

Just image how you would have felt having spent a day or two crafting your proposal masterpiece which was going to blow them away, when all they were doing was window shopping, which would mean never returning your calls, cancelling other meetings, dodging any next steps and all the other cherades.

Once you dig deeper into the psychology you realise that these individuals are not really all that serious. They led you to believe they were, but had no intention of committing to it even if it was the right thing to do.

Proposals are not for people who are “just browsing”.  Give them something generic or ask for more commitment. If it doesn’t progress you just saved yourself a lot of time.

If What You Represent Is A High Level Of Knowledge Or Skill Then Your Creating Real Value And You Deserve More Commitment

Proposals at this level offer a great deal of insight, analysis and strategy. Why would you give that away for free ?

Sure, even the likes of interiors decorators offer a free in-house consultation. Designer can come in and suggest colours and scheme’s but you wont get a proposal until you pay for it as it requires skill and expertise to craft such ideas.  If you want them to complete the work, you also have to pay them for that also. Its the world of real business.

Instead have some outlines and packages that can illustrate it a little better for them.  If their interest becomes serious, you can get them invested deeper into the level of value you can deliver to them.  Again its give and take.

What you’re leading to is an ultimatum where you really get to see how serious these people are.

Proposals can be a waste of time, but only if you let it happen.

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How to build a predictable and sustainable business using mathematics http://www.nicwindley.co.uk/business/how-build-predictable-sustainable-business-using-mathematics http://www.nicwindley.co.uk/business/how-build-predictable-sustainable-business-using-mathematics#comments Wed, 12 Oct 2011 14:13:19 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3023 Creative elements, unless they are absolutely direct and specific are just unknown quantities that are difficult to define in terms of what measurable and quantifiable results they actually bring to a business. Whether you believe it or not, effective business growth and development is more formulaic than it is creative. This confusion occurs a lot [...]

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Creative elements, unless they are absolutely direct and specific are just unknown quantities that are difficult to define in terms of what measurable and quantifiable results they actually bring to a business.

Whether you believe it or not, effective business growth and development is more formulaic than it is creative.

This confusion occurs a lot in marketing because things get done in a certain way because everybody else is doing it that way. Ask somebody to actually tell you why, and they will struggle to give you a definite reason that will support the way it’s being done, other than its an industry norm or because they believe it would be effective but can’t tell you just how effective.

Even in selling you’ll come into contact with successful sales people and if you get a chance to talk to them or pick their brains for some advice over a beer or coffee you’ll mostly definitely find yourself feeling a little bemused as to actually why it is they are successful and what specifically they do that gets them results which could be transferable to you.

A Business Can Only Grow Successfully On Formulaic Facts Not Mysterious Factors

When faced with beliefs, instead of measureable outcomes based around some kind of proven formula which explains that if you do “X” you’ll get back “Z” in return, you’re forced to believe that it’s just all one big mystery, a game of luck, lottery of chance. I know I did when I first started investigating this whole area even though I already had years of experience.

This is exactly the reason why so many people are led to believe that success is indeed a mysterious outcome when the reality is, given the right know-how you can engineer a successful outcome.

It’s true that certain people seem able to do things naturally, just like those talented painters or musicians, while for others they are always having to work hard.

When people who have done well in business are asked how they did it few seem to actually know why. Instead they regale you with stories of hard work, doing what they thought was the right thing, making their own luck, or sharing ways that other people have done it. None of which actually answers the question, because if the truth be told they were to a large part an accidental success.

In the long run though talent and chance alone is never enough and you must be prepared to really learn your craft and understand what makes something truly effective so that you can develop it, repeat it, scale it up or even turn your mind and talent to other things. There is indeed a formula.

Selling and marketing are the essential components of business growth, assuming you have a product and service that is right for your audience and you are willing to stand by it.

It would make sense that in order to develop your business growth more effectively and make better use of your companies time and money to create more leads and convert more customers, that you should identify what is most likely to deliver that kind of outcome. Instead of the tireless head on assaults and the same old rhetoric.

Formulas and systems are the most reliable components for creating a measureable and predictable outcome over methods based on blind belief alone.

Systems Give You Frameworks For Creating Predictable, Repeatable And Scalable Outcomes

When you don’t know what creates the outcome you need, it’s impossible to engineer it. Where formulas exist they typically describe a system which operates in a specific way, which creates a certain outcome based on a single or sequence of events occurring.

The reasons systems are so important is because things run far more effectively in a system or as manufacturers would say they get done “faster, better and cheaper”.

Systems are used to run our everyday lives. You get up, have breakfast, travel to work, do some work, lunch, more work, return home, exercise, dinner, have some family time and finally relax and later sleep. It runs like clockwork ensuring that you get everything done that needs to be done in life. They are small parts done on a regular basis which work together to engineer a much larger outcome.

In the factory raw materials go in one end, items are processed, assembled, decorated, packaged and shipped and in this way a manufacturer knows that each product produced is consistently manufactured to a good standard. They can also determine time scales for the completion of finished products along with raw material and component stock levels required to maintain supply and build traceability mechanisms for determining the causes of quality issues.

Investments and financial trades are also based on systems that help traders and investors identify with a high degree of probability the likely outcome of a transaction and its profitability.

This enables them to repeat it more consistently so that losses are minimised and returns are maximised, right from identifying an opportunity to executing the trade or investment and managing it until you finally exit or sell.

Even the army, fire brigade, police and ambulance services are based on systematic approaches to specialist situations.

So a system ensures repeatability, improved accuracy and predictability and you can scale it up in size knowing that if all things remain equal you will get more of the same results.

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Life, death and difficulty – its why I do what I do http://www.nicwindley.co.uk/business/life-death-and-difficulty-its-why-i-do-what-i-do http://www.nicwindley.co.uk/business/life-death-and-difficulty-its-why-i-do-what-i-do#comments Thu, 06 Oct 2011 07:46:16 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=3013 Anybody who’s ever done anything has probably faced a difficult beginning, middle or end. In fact they’ve probably faced difficulty at every turn and yet its that same difficulty that made the impossible possible. Difficulty steers people onto new paths, gives us new experiences, new ways of looking at things and challenges us to find [...]

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Anybody who’s ever done anything has probably faced a difficult beginning, middle or end.

In fact they’ve probably faced difficulty at every turn and yet its that same difficulty that made the impossible possible.

Difficulty steers people onto new paths, gives us new experiences, new ways of looking at things and challenges us to find ways around or through to what we know is on the other side. If we choose to step up and follow our passion then great things can happen in facing and overcoming our difficulties.

For those who know me they know I’m not a crazy Apple fan boy, nor am I an rabid Apple hater. I appreciate what Apple has brought to the world and how its contributed to the positive evolution of technology in our lives. But things don’t inspire me, people do.

What’s really amazing about Apple is the man who started it, amongst other great companies, who has now sadly passed away. Steve Jobs.

Steve is much like most of us, a flawed individual that some would say is not particularly exciting to work for or be around, yet he managed to overcome and do so much.

From being rejected at birth twice, a drop out of higher education, getting fired from his own company and finally given a death sentence by doctors.

I salute you Steve for your vision, determination and your willingness to share with so many even if you were a bit of a troublesome geek.

Sit back and be inspired by Steve as he gives a talk at Stanford and the twists and turns he’s faced over the years.

This is the kind of fighting spirit we need to see us through to better times.  However, don’t ignore the fact that its our mistakes that truly enable us to distinguish what we need to do, to get right and the other people we meet in our lives that make a difference.

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Marketing Fantasies And Ruthless Realities http://www.nicwindley.co.uk/marketing/marketing-fantasies-and-ruthless-realities http://www.nicwindley.co.uk/marketing/marketing-fantasies-and-ruthless-realities#comments Thu, 08 Sep 2011 20:28:00 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=2956 Are you marketing in a fantasy world ? Or do your own beliefs and the recommendations of others come from the depths of fantasy land ? With the economy shrinking by the day what are businesses going to do to maintain growth when the gradient of progress seems to be endlessly uphill, and budgets shrink [...]

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Are you marketing in a fantasy world ?

Or do your own beliefs and the recommendations of others come from the depths of fantasy land ?

With the economy shrinking by the day what are businesses going to do to maintain growth when the gradient of progress seems to be endlessly uphill, and budgets shrink back to the bare bones and things just don’t seem to be working like they did ?

There’s only one thing for it and that’s to find a way to increase the number of potential customers you come into contact with while reducing the costs of engaging them and doing the right things to increase the chances of concluding any businesses.

It’s time to “Run forest, Run”

Hope or belief alone isn’t enough to help you win the day, you need to apply some critical thinking to see through to the truth behind the smokes screen of lies.

So, sit back and take a look at these short videos which present real facts along with some ideas you can implement below which could make a significant difference to your business in these tough times.

 

Enjoy that ?  Want to know more ?

Well, if you’re looking for a way to “don” the running shoes for your business then listen up. These simple ideas will help you engage more potential customers and costs just a little time.

Get Involved In The Conversation

Social media is a great way of driving traffic and engaging people. As long as you use it in a “conversational” way (avoiding the direct sell) and your website has been designed to convert traffic into leads then you’ve got a potential source of new customers.

The key (or keyword) is firstly finding conversations and people you can interact with and there are a ton of tools out there which can help you do that. One of the simplest is to use something like Google Alerts.

Once you’ve found a relevant conversation follow these simple steps;

  • Help to move the conversation on.
  • Offer something useful, such as advice or a reference to other content within a comment.
  • Avoid selling, instead show your interested first and interesting second.

Give Away Something Of Value

Everybody in business or those working for themselves have typically amassed a lot of knowledge about their particular subject which could be useful to others.

By carefully packaging it together into a tasty bite size chunk of content it will help inform your potential customers and demonstrate your knowledge within your chosen field of expertise.

However, don’t forget that if knowbody knows you’ve got it, they won’t be asking for it, so make sure you use attention grabbing graphics to attract peoples interest and a download page where you can sell the benefits of reading, watching or attending.

Run A Workshop

When people see you doing what you do best and they’ll soon realise the extent of your knowledge and what you could potentially do for them.

One of the cheapest and easiest ways of demonstrating this is online with a “webinar”.

The key again is not to pitch, but show your audience how they can fix a specific problem.

Unlike live workshops, webinars can be pre-recorded so that the only live bit is the Q&A at the end.

Marketing that generates leads like inbound marketing is a reality and if done correctly it can make a significant difference to your business.

Make Some Calls

Whilst you’re working your marketing there is nothing stopping you putting in a few calls to existing and new customers alike.

The good thing about having your marketing up and running is that you now have something relevant to offer people when you call them whether its an invitation to a workshop or some useful information.

If you’ve got your marketing right then you should have some leads to follow up on also.

Bottom line is you’ve got to get out of your porch if you’re going to get things moving.

Image Attribution: Fantasy Wallpapers

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What Is Sales Enablement Versus Disablement http://www.nicwindley.co.uk/sales/what-is-sales-enablement-versus-disablement http://www.nicwindley.co.uk/sales/what-is-sales-enablement-versus-disablement#comments Tue, 12 Jul 2011 11:42:43 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=2917 Business is full of all sorts of stuff.  Some of which is very brown and smelly, yet despite its unpleasantness certain beliefs get passed around like they’re absolute truths, never to be questioned. Sales is one of those areas that’s under increasing pressure for all sorts of reasons and it’s often not helped by the [...]

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sales_enablementBusiness is full of all sorts of stuff.  Some of which is very brown and smelly, yet despite its unpleasantness certain beliefs get passed around like they’re absolute truths, never to be questioned.

Sales is one of those areas that’s under increasing pressure for all sorts of reasons and it’s often not helped by the company that employs them.

“Rubbish” I hear you say, sales people are just lazy or incompetent or what ever other excuse you want to lay down on them.

So what would you say if I presented you with the following statistics:

  • Over 40% of salespeople fail to hit quota.
  • 30% of reps turn over each year.
  • It takes an average of seven months to ramp up a new sales person.
  • 65% of a sales rep time is spent NOT selling.
  • Salespeople spend 30 hours a month searching for and creating their own selling materials.
  • 90% of marketing deliverables are not used by sales.

If you’re speaking at this moment then you’re probably saying something like “Oh Dear”, only a little more colourful.   And if you’re not speaking I bet you’re feeling a little uncomfortable.

Well these stats are exactly the numbers Jeff Ernst now with Forrester Research uses to open his book on sales enablement, which you can read here.

If you’re one of those lucky business not faced with any of the challenges I’ve mentioned above then I’m sure readers of this blog would love to hear from you, so please share and post your comments about that below.

Of course I’ve got my own opinions on the matter having served in the front line and leadership roles in sales and marketing so I know what its like from both sides of the fence.

In my experience most companies make it considerably more difficult for their sales team than it needs to be because of old rules that don’t fit todays buying habits.

Instead we need some new rules and I’ve consolidated the 5 rules from Jeff’s book which are great and aligned with many of my own.

Conversations, NOT Collateral – The goal of Marketing and Sales is to create conversations, not push information at people or make it difficult for them to access or understand.  Most sales teams have too much information and its typically not aligned with real selling situations or made practically useable and accessible, the same goes for the customer on the receiving end.

NEW RULE:  Sales enablement is about ensuring salespeople are able to have valuable conversations that help buyers advance through their buying process.

Information by itself doesn’t help people, however when its placed in context and aligned with real life situations and delivered in a way that fits with the daily routine things get easier for both sides.

Experience BEATS Expertise – 90% of the “stuff” that the folks in corporate give salespeople is ignored because it rarely conveys what salespeople are actually doing to win deals.

NEW RULE: The most effective selling content, messages, and strategies are discovered from experience with buyers.

Sales want to know what works not what people say will work.

PROVEN Plays – For too long its been believed that “if we implement a new sales methodology, trick or tactic, that every salesperson will become a top player”.  Yeah right!  That brown and smelly stuff is wafting back up again and we all know that it doesn’t work like that else we’d all be the top of everything after reading a book or going on a course.

NEW RULE:  Any salesperson can improve performance by following sales playbooks that are proven to work in winning deals.

Practical approaches that work in specific situations, not just methodologies or processes, that’s what salespeople are looking for.

Value OUT, NOT Data IN – You’re not helping salespeople by holding them to ransom, forcing them to fill in sales systems like CRM or opportunity analysis or what ever else you call it which doesn’t provide the salespeople with anything valuable in return, other than allowing management to interfere with deals and not aid in their closure.

NEW RULE:  Adoption of sales enablement applications should be driven by the value a salesperson gets out of it, not the data they key in.

Activity metrics and forecasts are worthless unless the real substance that helps deals get closed is in place first.  You can have all the activity and grandiose forecast in the world but it won’t amount to much long term growth.

Act NOT React – With business under increasing pressure sales and marketing teams are being scaled back, less investment is being made into enabling them, travel and tools get reduced and more sales from fewer customers are being expected. Businesses want more from less, when it had less from more previously.

NEW RULE: During times of economic crisis, it’s even more important to invest in knowledge that enables your salespeople to perform.

In a hurricane, even a turkey can fly and with buyers scrutinising every purchase and sales and marketing teams being pushed to the limits you’ve got to spend more enabling people.  Its a question of priorities.

Those people that figure our how to grow revenue during tough times will be the ones that become leaders during the next economic boom.

Photo credit insideview from Flickr.

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The Apprentice Demonstrates Why Cold Calling Doesn’t Work Yet Can Work http://www.nicwindley.co.uk/sales/apprentice-demonstrates-why-cold-calling-doesnt-work-yet-can-work http://www.nicwindley.co.uk/sales/apprentice-demonstrates-why-cold-calling-doesnt-work-yet-can-work#comments Thu, 23 Jun 2011 23:20:12 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=2904 Every time the Apprentice shows there’s always a flurry of emails from the sales experts and arguments raised about why cold calling doesn’t work or does work. One of the most emotive topics in sales is cold calling and this week the blue touch paper was lit and a ton of emails arrived that went [...]

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cold calling doesn't workEvery time the Apprentice shows there’s always a flurry of emails from the sales experts and arguments raised about why cold calling doesn’t work or does work.

One of the most emotive topics in sales is cold calling and this week the blue touch paper was lit and a ton of emails arrived that went along the lines of “you see I told you cold calling works”.  No surprise there.

Its easy to find one example of something and hold it up as being truth or fact. The longer you can leave it behind you (distance yourself from it) the less likely people can verify it or check for themselves, instead you have to “believe”.  Its what institutions like religion and politics have being doing for a long time.

Cold Calling Is Like Gambling Unless You Can Determine High Probability Outcomes

Cold calling for most is a game of chance, a probabilistic outcome where success varies depending on a number of factors.

Its those factors which are never discussed or remain hidden from view that will continue the debate on whether or not cold calling does or doesn’t work.

Before I get a bunch of people telling me I know nothing about sales, you need to know this about me.

After I graduated as an engineer I went into sales and made a career in that field handling large deals before moving into marketing.  I’m a hybrid and have been on both sides of the fence.

You see cold calling can work, but for most it doesn’t. Sales trainers will tell you its because you’re doing it wrong. I’ll go one step further and tell you that in some instances no matter what you change cold calling will not work effectively to grow your business.

Its Not A Question Of If Cold Calling Works But A Question Of When Cold Calling Works

I’ve experienced it when it worked and I’ve seen it when it was a total flat out waste of time.  Since then I’ve been exploring the details to understand what make up the differences and how to determine where and when to employ cold calling.

Lets use the recent Apprentice show as an example of why cold calling can work and then reflect on what most sales people are faced with.

Before I continue I’ve got to say that I’m not watching the show much these days as I’m focused elsewhere.

However, because of the recent activity surrounding this weeks episode and its connection with cold calling I decided to check it out on iPlayer and try to put it into context.

This episode was about taking new products into new markets.

Cold Calling Can Work If You Bring Something Of Real Distinguishable Value To The Equation

The teams task was to selected products developed in the UK and sell them to the French retail market.

Once they had selected the products they had to setup their own meetings where they would pitch these products in a bid to try and sell the most units.

So lets talk about a couple of interesting facts about this situation.

Firstly what’s special about the retail market ?

Well the retail market lives and dies by the products it resells which are constantly being bought and sold and its always on the look out for new products that will help it stand out and sell more.

Next, what about the timing of this situation ?

These were new products from the UK and the sales team was in France for just one day.  If buyers want to see something new from a trading partner in Europe then this is probably a good chance to do it.

Last of all, what’s the value of meeting ?

French buyers may not be accessing the UK market of suppliers on a regular basis or at all, so its a chance of finding something new and unique from a different part of Europe that will help differentiate their business, offer more of what their customers wants and ultimately help them the retailer sell more.

Why wouldn’t a retailer meet ?

Cold Calling Doesn’t Work If You Can’t Create A Reason For It Too Work

The situation is unique as it creates urgency due to the limited window of opportunity and offers a chance of discovering something new and exotic from an establish trading partner.  The real appeal is the situation itself, which will only come off if handled correctly.

Its for this reason that Alan Sugar says “I don’t want another bloody sales person” because he realises the power of creating the situation that facilitates the outcome.  That’s strategy.

The problem facing most sales teams is that the company, products or services they represent are probably offering little value to their prospective customers apart from being yet another supplier of the same or similar product or service that the last five callers were trying to sell.

For most playing the numbers game the timing will always seems to be wrong.

Unless you focus your calls on businesses that are likely to need your product or service and which can be tied into a trigger event like a new hire, company investment or some other reason that the product or service may be needed then your calls are probably going to be a total waste of time.

Cold calling can work and if you’re a start-up with the right products or services (see adding value) it can be a viable route to market to begin with.  However, if you’re looking to really grow long term you cannot do it on cold calling alone.

Marketing led companies always outgrow their competitors in the long run, that’s why anybody who’s going anywhere in business has a system that leverage’s marketing and integrates marketing and sales together effectively.  Just take a look at the successful companies out there and what they’re doing.

This interesting article charts the use of cold calling in the recruitment sector and the selective use of it as a strategy. Notice the downward trend of cold calling and the impact of internet marketing techniques.

Here is another interesting article on cold calling and when it works.

OK, I’ve said it, let’s see what you’ve got to say about this one.

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People Die But Stories Live On http://www.nicwindley.co.uk/marketing/people-die-but-stories-live-on http://www.nicwindley.co.uk/marketing/people-die-but-stories-live-on#comments Mon, 20 Jun 2011 20:26:03 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=2898 Recently our family received some news about uncle Les Windley who restored and sailed the Marguerite T, a Bristol channel pilot cutter, and has now passed away. Les may have gone, but his stories will live on. You see, Les for all his faults was a real character and lived life to the full and [...]

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importance-of-storiesRecently our family received some news about uncle Les Windley who restored and sailed the Marguerite T, a Bristol channel pilot cutter, and has now passed away.

Les may have gone, but his stories will live on.

You see, Les for all his faults was a real character and lived life to the full and then some.

Whether it was lassoing sharks and water skiing behind them, hunting down stolen anchors finally ending up rising up out of the sea on a beautiful beach front in full black scuba gear and pinning down the suspect with his diving knife to the bar, throwing people overboard during races, taking guns out of the hands of people stealing from him and doing much hooting and roaring in bars and villages across the Caribbean and around the globe.  The list goes on.

The lines between urban myth and absolute truth may be a little blurry but there’s a lot of truth in there and he’s somebody you didn’t forget in a hurry.

Stories Can Be More Powerful Than Reality

When somebody leaves all of a sudden its a strange feeling, even when the bond may not be as strong between you and other family members.

In their absence though its the stories that begin replacing those strange feelings as its peoples actions and the impact they leave that make up a significant proportion of who and what they are.

Losing people is hard, but its a lot harder when there a no stories to fill in those empty gaps and that’s a lesson for us all in life.

Even Benjamin Franklin once said: “Either write something worth reading or do something worth writing about.”

Be A Story Teller And Have Your Stories Told

If you want to keep to things alive, whether they’re ideas, beliefs or a growing business you need stories.

Boring businesses, like boring people, don’t often get remembered whereas great stories on the other hand do.

Not only do stories stay with people, they also help to re-frame things in a different perspective, essential in gaining a true understanding of things.

Les lives on as I and others continue to write and talk about him and his life.

So now its your turn to regale us with stories about what you’re doing to tell more and have told stories about you or your business ?

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Will sales and marketing EVER get along ? http://www.nicwindley.co.uk/business/will-sales-marketing-ever-get-along http://www.nicwindley.co.uk/business/will-sales-marketing-ever-get-along#comments Wed, 15 Jun 2011 15:50:53 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=2882 NO WAY IN HELL!…..unless things start to change….in a big way. Take for example your average office with its sales and marketing teams. How are people like this every going to learn to get along when they’re at each other instead of with each other. Marketing and sales are there to achieve the same end [...]

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NO WAY IN HELL!…..unless things start to change….in a big way.

Take for example your average office with its sales and marketing teams. How are people like this every going to learn to get along when they’re at each other instead of with each other.

Marketing and sales are there to achieve the same end goal and that’s the right customers, however when your restricted by “beliefs” and “market myths” about what does and doesn’t work its no wonder that the same wheels keep on spinning and guess what…..nothing changes.

Instead they turn on each other and the blame games start.

Its even worse when you get those bright sparks that see the need for change and try to build a case only to find themselves struggling to bring change into these change resistance places.

Aggression and anger is usually a results of ignorance and inability so its no wonder that when presented with awesome ideas that these people lash out and close down any hope of change.

If you’re tired of the struggle, and you know there’s a better way then you need an Inbound Marketing Consultant to help you win.

So go get you’re strategist for free period to help you change the game and move away from the pain of old school marketing and sales.

Image from: Edu Pics

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Using Sales And Marketing For A New Product Or Service Launch http://www.nicwindley.co.uk/sales/using-sales-and-marketing-for-a-new-product-or-service-launch http://www.nicwindley.co.uk/sales/using-sales-and-marketing-for-a-new-product-or-service-launch#comments Tue, 14 Jun 2011 09:06:09 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=2844 Ideas are worthless unless you can actually turn them into a tangible thing, whether its a prototype or a business responsible for its delivery. Once you’re ready for customers its time to launch your product or service into the market. Get this right and the business will move into a high growth trajectory after some [...]

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product_launchIdeas are worthless unless you can actually turn them into a tangible thing, whether its a prototype or a business responsible for its delivery.

Once you’re ready for customers its time to launch your product or service into the market.

Get this right and the business will move into a high growth trajectory after some initial ramp up. There are also a few things that you should give careful consideration before getting this right, especially in the sales and marketing department.

1) Start Executing Your Sales And Marketing  Plan Before Your Product Is Market Ready

Due to the costs of establishing a business supplying a new product or service its going to take some time before the business moves into break even or profit.

Generating sales for an unknown brand is much harder than for an established business so its going to take time for you to get your message to the right people and create enough influence and interest in your market.

The more product or service you’re able to deliver the more profitable your business cam become.  Its the “elasticity of demand” or “economies of scale” that allow the same business infrastructure to support an ever increasing consumption of its products and service, until the upper limits are reached.

2) Consider Outsourcing And Bring In House Only What You Really Need To

Marketing and sales people are expensive things and with large overheads that are not yet generating leads and sales at an optimal rate the business will struggle to elevate its position into a break even or profitable situation.

Finding a good agency will help you engage your market without the permanent staffing overhead.

3) Research And Test Your Marketing And Sales Strategies -  Don’t Just Assume Their Right

New product or service launches consist of many incremental steps.

Its easy to assume that your market wants something and in a particular way, only to find out later on that not enough prospects are converting into customers.

Unless you can identify this soon enough you run the risk of wasting both money and time on your marketing and sales activities.

Market research will point you in the general direction, however until you’re engaged with your market you’ll never know exactly how your market is going to react.

The sooner you find who the right prospects really are, those that really need you and buy into the way your present your product or service, the sooner things will start to happen.

4) Don’t Let Your Business Plan Force You To Commit To Commercial Strategies That Aren’t Working

Markets are changing faster than ever before and plans can be easily scuppered because of new trends or changes in market competition.

Businesses that are married to their plan are often unable to change before things are too late, innovation becomes stifled and the business stagnates and dies.

The faster you realise things are changing and adapt by creating products and services to meet these new market evolutions, the greater your chance of survival and eventual success.

5) Be Prepared To Shut Down What’s Not Working

If you’ve identified that something isn’t working and that change or timing is not enough to resolve it then its time to let go and shut it down before you waste any more time and money.

Many businesses have shifted their traditional marketing spend from static ads in magazines to internet marketing because of the return on investment and measurability that it offers.

The same goes for products like TV’s and radios that have moved from standard analogue to digital reception because of changes in broadcast specification.

6) Let Your Product Do The Selling

Products that are noticeably different, which people can experience quickly are sales tools in themselves.

The sooner people see it for themselves the more likely they are to work with you.  Online software service companies provide free service accounts that allow users to try before they commit.

Sampling is another great way of getting your product and service in front of prospective customers and to start building early champions for your brand.

The Take Away

You’ve got to get your idea out there into the market as soon as possible. The longer you leave it, the less chance you have of maintaining any advantage so you need to get your business ready to engage your key audiences as a matter of urgency.  In many instances you can lead with marketing, without even producing the product to test the markets reaction.

The sooner sales start coming in, the sooner your business is likely to reach profitability, so prepare your business’s lead generation and conversion strategies when you have something useful to talk about or demonstrate.

Don’t over commit resources to areas that don’t justify it when you’re ramping up.  Instead find outsource partners that can help you build operations like marketing and sales which you can quickly test and adapt without committing huge time and money.

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Why sales deals go sour and how to forecast sales with better reliability http://www.nicwindley.co.uk/sales/why-sales-deals-go-sour-how-forecast-sales-better-reliability http://www.nicwindley.co.uk/sales/why-sales-deals-go-sour-how-forecast-sales-better-reliability#comments Thu, 19 May 2011 09:00:45 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=2832 The majority of sales people I’ve met over my career want to make things work, and mostly for the right reasons. However, poor sales training and education along with bad leadership forces sales people into difficult positions. Way too much focus is placed on activity for the sake of activity or having busy forecasts that [...]

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sour-sales-dealsThe majority of sales people I’ve met over my career want to make things work, and mostly for the right reasons.

However, poor sales training and education along with bad leadership forces sales people into difficult positions.

Way too much focus is placed on activity for the sake of activity or having busy forecasts that demonstrate activity when in reality it creates a lot of so called “deals” that should never be on the forecast.

Time gets wasted discussing and chasing down deals that aren’t a good fit and are never going to happen.  Its stressful and painful.

Instead most of these deals should remain in the pipeline until they’ve reached a sufficient level of qualification or even more likely be killed off completely because they’re not even a good fit.

What’s need is better qualification and a clearer evolution of how opportunities journey through the pipeline so that your focused on the right deals in the first place.

Here are 5 categories that you can use to evolve your opportunities, improve your forecasting and stop deals going sour.

Cold sales opportunities

These are simply contacts that you may have found through research that are a good fit based on some simple rules that enable you to target your activity at likely fits.

Filtering criteria may include the type of company, the market they operate in or their location.

Suspect sales opportunities

You’ve typically made some contact or had a conversation and their is a level of engagement between you and your potential customer.

They get your positioning (how you can help them) and have probably scheduled another reason to make contact again.

Prospective sales deals

Their is a clear need for what you do and somebody recognises it and is actively promoting it within your prospects business.  Their is less resistance now and a significant number of compelling reasons for change as well as quantifiable consequences which are clearly understood.

Qualified sales deals

Deals become qualified once the timescales, processes and criteria for making decisions and getting things complete are clearly understood and that money has been discussed and is available in some form, whether its from a budget or using finance.

Closable sales deals

When there is real need and the company wants to solve their problem, is committed to doing it and its been qualified as a good fit then you’ve got a closable deal on your hands.

What else causes deals to go sour and what have you done to resolve them?

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Asset marketing versus auction marketing http://www.nicwindley.co.uk/marketing/asset-marketing-versus-auction-marketing http://www.nicwindley.co.uk/marketing/asset-marketing-versus-auction-marketing#comments Tue, 17 May 2011 22:12:59 +0000 Nic Windley - Performance Sales & Marketing http://nicwindley.co.uk/?p=2826 The types of marketing strategies that businesses adopt will have both a significant long term affect on the business as well as impacting its short term gains which is why understand the difference between asset marketing and auction marketing can help you build both a short and long term plan. Some strategies are ideal for [...]

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The types of marketing strategies that businesses adopt will have both a significant long term affect on the business as well as impacting its short term gains which is why understand the difference between asset marketing and auction marketing can help you build both a short and long term plan.

Some strategies are ideal for market testing and short term ramp ups, while others take more time to build and will add stability and value to your business long term.

The internet is one of the best places for comparing these strategies.

The short game – a marketing auction.

auction-marketingA good example of short term marketing that’s great for market testing and generating quick returns is Google Adwords or Pay-Per-Click (PPC) marketing.

The problems with this sort of marketing is that its an auction, and there is nothing stopping other companies outbidding you or copying your strategy overnight and stealing your business lock stock and barrel.

Play the short game while you have an ROI.

As long as you can actually generate a measureable return from this type of marketing then keep doing it, but don’t expect it to last for ever.

Depending on the type of ad you create which could be text, image, video, mobile or rich media Google Adwords can be used to target either search results or in content (specific networks) and further refined by language, location, timing as well as auction bid pricing and keywords.

Reach deep inside other networks with auctions.

This can help you reach audiences embedded deep inside particular networks that match your buyers persona or those on the peripheries that are outside these networks looking for answers from search engines.

Your ads are then used to direct clicks to a relevant landing page designed to give your audience what they are looking for, converting traffic into leads or customers.

While you’re paying for these ads your generating traffic and leads or sales.  However if you turn off your ads, get aggressively outbid, or competitors engage other channels more successfully then your audience may start to dwindle or become significantly harder to generate a descent ROI.

The long game – an asset marketing approach.

asset-marketingIn comparison a marketing asset is something that works without any paid advertising, but it does take time and effort to establish.

A good example of this is inbound marketing or content marketing which is more strategic (relies on a development strategy) and integrates (connects together multiple activities for leverage and compounding) marketing activities.

Content engages people better than advertising does and if its good its likely to get read or shared online, deep inside relevant networks.

Furthermore content on your site as well as offsite will help to improve your search engine optimisation (your ranking in search results for given keywords).

Social engagement like blogging, twitter, facebook and other communities are also ways of sharing, engaging and improving your SEO (search engine optimisation).

Content is as permanent as the internet, your site and the sites that are sharing it so it is more sustainable and longer lasting.

Not only that but a website that generates sales and leads without the need for advertising is far more valuable if you decide to sell the business as part of your exist strategy.

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