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Is Email Dead? [Infographic]

Posted by Bill Carney

188 billion email messages sent each day?! That’s a boatload of email!

We concur with the Infographic’s conclusion—email is here to stay. However, email is not always the most effective way to transmit your message. New(er) technologies—like Facebook and Twitter—introduce additional ways for humans to communicate. Think about what you’re trying to accomplish and select the best media available to you.

Email gets a deserved bad rap from marketing campaigns and spammers pushing unwanted messages that ignore communication fundamentals—such as this basic truth: the receiver must want to receive the message sent!

When your emails are written to be personal, with timely, relevant information the receiver really wants, they can help you build relationships one-to-one. Make your emails better and create relationships using VisibleGains.

Click to download .PDF version

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Sparking Conversation with Kindle Fire

Posted by Cliff Pollan

I took an hour this weekend to read David Meerman Scott’s new book entitled “Newsjacking: How to Inject your Ideas into a Breaking News Story and Generate Tons of Media Coverage“.

The concept is simple—any company can find breaking news that will get broad coverage and fit themselves into the story. You can see David tell it in his own words in an interview I did with him yesterday.

Important for me was David’s concept of creating this book for digital distribution only, taking advantage of many of the new features offered—including interactivity—for the new Amazon Kindle Fire, as well as the Apple iPad and Barnes & Noble Nook. The interactive elements create a rich, personal experience. A viewer can quickly dig in and learn more. Designing for the medium makes for a true digital experience, as compared to reading a book written for hardcopy and published as an eBook. Also, David intentionally kept the book short so you can get through it in an hour.

Business ebooks will spark more conversations online and offline via shorter, more interactive and easier to share formats like this one. I see this as the future for creating community.

Thanks to David for cutting new ground here.

To learn more about Newsjacking and how to share other real-time data to advance sales, join the discussion on Tuesday November 22 @1PM EST with David and Craig Elias, creator of Trigger Event Selling™ and author of the Bronze Medal winner of the Top Sales Books of 2010 “SHiFT! Harness The Trigger Events That TURN PROSPECTS INTO CUSTOMERS” .

(Note: David is an advisor to VisibleGains).

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Happy Customers + Social Media = Referrals

Posted by Bill Carney

I recently called my satellite TV provider—DISH Network—and asked what they could do for me as a longtime subscriber. I was perfectly happy with DISH Network’s service. In fact, over the years I’ve referred new customers to them by gushing online via social media as well as offline. However, an offer from Verizon for FIOS TV had piqued my interest since we already receive our Internet service through Verizon. Without much hesitation, the customer service rep from DISH Network told me nothing could be done to match Verizon’s offer. Oh, and don’t forget to mail in the last month’s check—thank you very much.

Really? No, really?!

At the time, DISH Network was actively recruiting subscribers and I was truly confused by the service rep’s indifferent response. Guess what I did? I switched to Verizon for FIOS TV, of course.

We’ve all seen statistics on customer retention versus acquisition. Lots of really smart Ph.D’s have explained the concept of Customers Lifetime Value (CLV). In the simplest of terms, it’s a lot cheaper to keep a customer than to get a new one—common sense without the fancy TLA (Three Letter Acronym). Within the past few years, I’ve noticed CLV has been modified to CCLV (Connected Customers Lifetime Value) and CEV (Customer Engagement Value).

Basically, anyone selling anything should expand their thinking beyond their existing customers to their customers’ network and sphere of influence.

Product marketing sometimes casts customer retention in terms of switching costs. Think about what a pain it is to switch cell phone carriers. The Cell Carrier Lobbyists fought tooth and nail against LNP (Local Number Portability) until they could figure out ways to lock up customers. There’s really no reason to have specific phones for specific carriers. Europe doesn’t. Instead of focusing on change penalties, how about improving the value of the services delivered by understanding my needs and what makes me choose to be a loyal customer and refer my friends?

Airlines attracted and successfully retained loyal customers for a while with frequent flyer programs. I know—I booked most of my flights on United even though there weren’t always direct flights to where I was going. But then United and other airlines blew it by instituting too many restrictions.

Most businesses truly do strive to please their customers. Most business people appreciate the power of referral marketing and naturally hope through careful management of customer relationships, we’ll gain new customers via referrals.

I invite you to pause now and honestly ask yourself: when was the last time you reached out to your customers individually? I don’t mean sending a newsletter or some marketing automated message, but making a direct one-to-one connection. And, not when there’s a problem, but when there isn’t—simply as a way to listen, learn and share information.

Connecting genuinely on a more personal level—one-to-one—is a powerful way to cultivate happy customers, and, hopefully, referrals. Here are several tips to help you get started:

  • Tweet a congratulatory note or comments to new customers who use Twitter accounts.
  • Actively participate in LinkedIn groups around conversations you care about.
  • Reward your customers with information that helps them stay on top of their game—even if the data you share has nothing to do with what you’re selling.
  • Offer favors, connections and networking opportunities to advance your customers’ careers.
  • Find out what makes each customer tick—what they’re passionate about. Do this to find common interests you share and can connect through.

Having said all that, my hope is to personally connect with more of our customers. Please DM me @biasforaction or give me an old-fashioned phone call to chat. My direct phone number is 781-350-3416, extension 113. My email is bcarney at VisibleGains dot com (so the SPAM bots won’t pick me up).

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Boost Sales by Bodegas not Superstores

Posted by Peggy Kriss

So ironic!  I am a psychologist writing a blog about the danger of overwhelming sales prospects by information overload, via the web or constant emails.  And I am now feeling very personally overwhelmed, trying to take in ALL the research “relevant” to this blog.  So I am going to stop researching and start writing.  Let’s see how it goes.

First thought: 

Calm down and remember how I got started with this blog idea.

My goal has been to write  about how to help sales people  best communicate one to one  with their prospects in an attempt to nurture them through a successful sales process.  Lots of tips about choosing relevant content and using personal pages or landing pages as a way of delivering a more targeted and relevant message.

How I got the idea:

I watched Barry Schwartz’ TedTalk on “Paradox of Choice”.

What’s the point:

This is perfect -I thought!  This talk dramatizes what happens when mortals are exposed to too many choices, too much information: they get confused , they have a less satisfying experience,  and instead of being nurtured, they become paralyzed!

How does this relate to the sales process?

Schwartz explains a critical psychological fact that every salesperson should understand.  People will derive much less satisfaction from any given product (or specific feature) when they are given too many choices.  And paralysis- this is not what the sales manager had hoped for!

“Everybody needs a fishbowl,” says Schwartz.  “In the absence…a recipe for misery, and I suspect, disaster.”    Converting to sales speak, prospects need tailor fit content presented to them over time, organized in a simple easy to comprehend fashion , a bodega as opposed to an overwhelming one stop mega superstore (think Walmart) website.

Here are five takeaway tips:

Note:   These tips helped me to avoid “paralysis” during this research and writing journey. -so I would have energy left to share something with you:

  1.  Present  your message and your product  in simple, uncluttered ways.  Learn a lesson from Steve Jobs: “I’m as proud of what we don’t do as I am of what we do.”
  2. Don’t do a “data dump”.  An example of information overload for me was watching this lengthy video on using LinkedIn to generate sales.   Great ideas but way too much information all at once.  I got a headache, and more concerning, I have not even looked at my LinkedIn page for days…paralysis???  Suggestion -  Tell me that I should do these over a 60 day period and indicate what to do every third day.
  3. Help your prospect to be oriented:  A fascinating psychological study of how people absorb information on the web found that people spend so much of their energy just getting oriented on the web that they have little cognitive steam left to learn and make decisions from the information.   Make  your communications visually easy to follow so that your prospect can best use their attention and energy to learn from your thought leadership and product value.
  4.  Given that attention is such a scarce commodity in this age of information overload, be creative and do something unexpected.  A great example was at the  Inbound Marketing Summit  when Hubspot employees dressed up in orange suits to make a splash!
  5.  Make sure your content  and social media conversations are relevant and add value.  Pam Moore does a nice job summarizing this tip in her “social-media-a-little-less-talk-a-lot-more-action-please” blog.

Are your sales prospects suffering from information overload? Are you selling to them from a “Bodega” or a “Superstore”?

Peggy Kriss, Ph.D. is a clinical psychologist in Newton, Massachusetts and a consultant to VisibleGains. Stay tuned for more psychology informed blogs by Dr. Kriss.

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Love the One You’re With

Posted by Cliff Pollan

For any business, customers are its single most important asset.   Customers represent the lifeblood of the company, a source of revenue, new growth and ideas for future opportunities.  But we often forget that it is also the best source to find new clients.

Here is a customer case example that I stumbled upon in the Q&A section of a webinar that CSO Insights held:

An example was a software firm we benchmarked. They showed us a report from their LMS system that showed quantity of leads per various lead sources. Top on their list was tradeshows, which accounted for 42% of their total lead flow. Last on the list was a source titled, DebbieC which was responsible for .05% of the leads for the previous twelve months.

…. DebbieC turned out to be the name of a customer who regularly sent referrals to the company. On an annual basis she sent 56 referrals. When they started tracking leads through their sales cycle in their CRM system, they found that 46 of those leads turned into opportunities that closed!

That insight prompted them to reallocate some of their lead generation funds to start a formal referral management program, which while generating small numbers of leads, is way out performing any other program for deals that close.

It is interesting that many B2B companies do not have programs to help them get referrals.  I think that is because marketing focuses on getting new names through other vehicles and account managers most often are responsible for current client relationships and see their role as having these clients succeed.

Account managers do not see or are not incented for the broader goal of getting referrals to help generate new revenue from new accounts.

John Jantsch has done a great job of evangelizing this opportunity.  His book “The Referral Engine” is worth reading, as it provides a blueprint for a holistic approach.

What are you doing to drive referrals?

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Finding Salesforce.com lead referrals on Linked In

Posted by Bill Carney

Sales is my client

As a Marketing guy and at the end of every day – Sales is my client. Since the data in Salesforce.com can sometimes be a bit off, I’ve created little tricks that my clients seem to love as it makes their life easier. This one came about from watching an inside rep I was working with.  This also makes complete sense as Salesforce.com should be configured to only include people that have scored a certain number of points and or raised their hands for specific content/inclusion.

The rep had two screens open while they were making calls. They were cutting the name out of Salesforce and pasting it into Linked in as the data inside Linked in appeared to be current and they could see groups, comments, and other people within the company for circle of influence selling and finding a referral within their network. It seemed like a lot of work and was slowing their productivity proven by their daily activity log (Even though the data in Linked in helped them achieve their quota every month).

Create a Linked In Button

I created a very simple Salesforce.com button mash-up which when clicked will open a Linked in page and deposit Lead, Contact or Account Data into the appropriate fields and look for that person who is currently employed at the company. This simple button helped the rep exceed their quota the very next month.

To get it done you’ve got to be an Administrator and follow the below steps:

  1. GOTO > Your Name > Setup > Customize > Leads > Buttons and Links > Custom Buttons and Links > New
  2. For a Label call it “Linkedin Search” or whatever else you want
  3. For a Display Type click the radio button > Detail Page Button
  4. For Behavior Select > Display in New Window from the drop down list
  5. For Content Source Select > URL from the drop down list
  6. In the large box cut and paste the below text:

http://www.linkedin.com/search/fpsearch?fname=

{!Lead.FirstName}&
lname={!Lead.LastName}&company={!Lead.Company}&
currentCompany=C&searchLocationType=I&
countryCode=us&keepFacets=keepFacets&page_num=1&ppl
SearchOrigin=ADVS&viewCriteria=2&sortCriteria=R&redir=redir

Remember the button will not be shown unless you GOTO > Your Name > Setup > Customize > Leads > Page Layout > Edit

Then Click “Buttons” and drag and drop “Linked in Search” into the custom buttons box at the top of the Lead Sample. Saving your work afterwards.

That’s it…Most Sales reps will call you a hero for doing it. Give us a call if you have any difficulty.

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Quick Tips for One to One Sales

Posted by Bill Carney

Never forget that you’re selling to people.

Sales are the backbone of every successful company and it’s always a good idea to study up on how to improve your sales ability through one to one communication.  In order to thrive, sales must engage personally though not necessarily in person – this concept is not always easy to grasp.  You can create personal engagements with the use of specific content that is relevant to the folks your sending it to.  This information could be in an email, tweet, landing page, text, or phone call.  Your not communicating to a company, your conversing with a person who has their own fears and concerns that you need to address.  Just because they aren’t sitting across from you doesn’t make the fear disappear.  It’s in you best interest to find out what their concerns are so take the time to do so.

Learn to say no

All leads are not created equal – not every customer is a fit. The sooner that you learn this and put it into practice, the quicker you will be able to move on to clients that are going to help you produce references and generate flows of revenue. Marketing will qualify through lead scoring in an attempt to let you know which targets have higher probability for you. Actionable insight is key for one to one sales communication. You need to learn to decipher who is a prospect in the market to buy your product and who will just waste your time. Look for the trigger event.  Just because they downloaded a paper does not make them a lead. It might sound harsh but time is money and yours does matter. Do not get clogged up with prospects you know cannot or will not be interested in your product.

Close the Right Thing

Have you ever been asked for a commitment way to early in the process?  I always think of car sales asking me – “how can I get you to buy today?”.  Instead of using a static tactic, try getting a smaller commitment instead. Not a commitment to buy, but a commitment for more of your prospects time for one to one communication, in return you give the prospect more of your time. Use this time in a persistent manner to show them more of your value, customer successes, or examples of your services that they care about. The less pressure you put on them, the more likely they are to want your services. There is no excuse to not ask for a commitment – just make sure its the right one.

Timing is Everything

They may be the right prospect however they are not primed to buy. You may think it’s a bad idea to push them back to Marketing to include them in a nurturing campaign and that you need to control the flow. Talk yourself out of it, control is an illusion and the prospect is already searching the web for data points.   You (may) run no risk at this stage of pushing back to Marketing with a request to nurture. I always felt its worth the risk as you need to be focused on time management.  You have prospects that are primed to buy and you need to be talking to them.  This point is VERY specific to the prospect and you need to be very conscious of what you are doing. Marketing groups will electronically communicate with the prospects until they pop up again with a more specific interest that you can personally address.

Skip the Company History

Prospects do not necessarily care about how your company was founded and how much of a profit you made last year. Keep your presentations relevant to the them and their concerns. Get the prospect emotionally involved with personal stories relating to the benefits of your products of services. Mention their competitors and or friends on Linked In that are using your products. Make your prospect feel like they have to have your product or they will be left out. It’s about them – not your company.

Give Them a Laugh

No one wants to buy a product from someone who is not excited or enthused about what they are trying to sell. People can tell when you’re passionate – it’s hard to fake – so relax with them. Do not focus on how you are going to sell your prospect, but instead focus on the value you are delivering and how you can motivate them to understand your services and the fit between you both – one to one.

Sales One on One Communication

Most people want to feel like they are special and indeed, every prospect is unique and special in their own way. Let them know how you can provide one on one personal service through tailored messages based entirely upon their requirements and interest characteristics.

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