Cultivator Product Display advertising | Cultivator Product Display advertising Supplier

The advances in technology are closing the gap between small and large advertising firms and the geographic reach of the larger agencies is not as important as it used to be. Despite these advances, large agencies and Cultivator Product Display advertising with higher bills to pay, are still charging much more money than their smaller rivals.

So, what does working with a boutique agency mean? It means working with an agency who consistently adapts their methodology to fit the needs for each specific project or client. It means working with an agency who works hard to stay ahead of innovation, who maximizes their resources and actually listens to what you need versus telling you what their time-tested methodologies have proven. It means to accept the new Darwinism, for the large agencies are no longer the fittest.

How Can We Help You Grow
A strategic marketing expressed through powerful advertising can do more than simply help you stand out from competitors. It can help you break away entirely. Increasingly, we see winning companies transforming their lead into a full speed of brand driven “mind share momentum” that leaves runner-up in the dust.

We work with you to understand your top line short and long term strategic objectives. The investment you make in creating or enhancing your brand and the creative ideas firing your marketing materials should help you to create value and achieve corporate goals.

Even The Sky Is No Limit
So you want to be noticed. You want to turn heads in your direction, you want the double take .

To do this you need to create a “nice surprise”, a way of getting attention and giving rewards to the attentive.

How can we help you get your message across?

Not by giving you what you want. But by giving you something you never expected. And, of course, it will be what you needed all along.

The Impact Of Engagement
We provide integrated marketing and advertising programs to clients worldwide. We are both, knowledgeable of and sensitive to the subtle cultural nuances required to work effectively in multiple or global markets.

Cultivator Product Display advertising Supplier

We strategically employ our core strengths to build brand equity and identity, with help of our Cultivator Product Interactive marketing, BTl Marketing and BTL Activation Services, Product Interactive marketing Supplier

We specialize in training and developing our Brand Ambassadors according to the needs and values of our clients. Our teams are equipped with sales techniques that create a pleasant, memorable, but most importantly on-going repeat purchase/brand experience for the customer. Brand Activation campaigns are often executed with minimal sales results. Fulcrum therefore produces a Brand activation that out performs any competitor in the market with guaranteed sales results. We custom design and enthusiastically deliver a branding message using the Features, Advantages and Benefits  of your product.

Our vibrant teams carry the values of our clients and eliminate any misconceptions, to make your brand easily recognizable and superior in quality and reliability. This form of marketing as well as the Fulcrum approach yields effective results, in conjunction with mass media marketing. Our approach ensures that all activation efforts result in customer acquisitions.

Cultivator Product Display advertising Supplier

Cultivator

 

We could use cultivator if you have a patch of vegetable garden, large or small that needs digging and it saves lot of time and effort. And you can also used for prepare the plot for sowing, a flower bed that needs weeding where you need to work between rows and weed the bed. Cultivators are usually self propelled or drawn as an attachment behind either a two wheel or four wheel tractors. Cultivator is available in four types. They are spring tyne cultivator, rigid tyne cultivator, rigid tyne shovel type cultivator and bar point cultivator.

The cultivator consists of a frame, tynes with reversible shovels, land wheel; hitch system and heavy duty springs the spring function is to save the cultivator tines from break down .the shovels are made from low alloy steel. The operation depth is controlled by hydraulic system. Cultivators are used for seedbed preparation both in dry and wet soils it can also be used for subsoil cultivation. Cultivator is used for inter cultivation in light and heavy soil for loosening and aerating the soil and for preparing seedbed. For shallow cultivation and intercultural they duck foot shovel version is used

Cultivator Product Display advertising Supplier

Brand Strategy

Planning your brand strategy will involve the following:

Need Help Building and Promoting your Brand? Let’s meet and IMMEDIATELY create a positive impact on your brand.
By definition, brand strategy is a long-term plan for the development of a successful brand in order to achieve specific goals. A well-defined and executed brand strategy affects all aspects of a business and is directly connected to consumer needs, emotions, and competitive environments.

Brand Promotions

Fulcrum is a progressive & creative organization, specializing in Sales, Marketing, Brand Promotions, Training & Development and Brand Activation. The organization started up in Maharashtra in 2007. As a results-based company, we have provided our clients with a competitive advantage over the last 9 years.

We have managed to bridge the gap between Sales & Marketing. Many companies spend huge budgets on marketing strategies with no real Return On Investment (ROI). Through our approach, we have optimized both of these functions, creating lower cost per acquisition, and maximizing the ROI.

Brand Activation

while providing Brand Activation Services, we strategically employ our core strengths to build brand equity and identity, with a great competency in brand repositioning.

We specialise in training and developing our Brand Ambassadors according to the needs and values of our clients. Our teams are equipped with sales techniques that create a pleasant, memorable, but most importantly on-going repeat purchase/brand experience for the customer. Brand Activation campaigns are often executed with minimal sales results. Fulcrum Promotions therefore produces a Brand activation that out performs any competitor in the market with guaranteed sales results. We custom design and enthusiastically deliver a branding message using the Features, Advantages and Benefits  of your product.

Sampling

Fulcrum implement local  Product Sampling Agency and demonstration Agency that get brands/products directly into people’s hands. We are skilled at delivering mass samples across multiple locations simultaneously.

Our skill is in developing clever creative concepts that emotionally engage shoppers and drive them into action.

1. We pre-promote our roadshows to ensure people seek us brands as part of their shopper journey.
2. We collect shopper data and start building a relationship with shoppers that emotionally connect them to your product/brand and inspire them to tell other people.
3. We ensure you reach the right customer segment by using customer profile mapping tools. This also gets crossed referenced against our extensive in-house database to ensure accurate profiling.

Society Activation

If you are searching for the best society activation agency, then you are in the right place. At Fulcrum Resources, we have with us some of the best BTL Activation Marketing ideas to help you reach your customers conveniently. With the advancement in technology now the customers have the facility to make purchases right from their couches. So with the help of Society Activation, we help your brand to reach to the end customers directly and grab the attention of the whole family.

Merchandising

Merchandising is essential to ensure your products and brand get the exposure that they deserve. At Fulcrum, we have vast experience when it comes to merchandising and placing Free Standing Display Unitss, shippers and POS into retail environments including shops and supermarkets. Merchandising can be the difference between your products being noticed and purchased or being ignored. As stores house so many different products, merchandising can give you the edge you require to make sure your products are never overlooked.

Fulcrum is a leading choice for companies seeking first-class merchandising solutions. We can ensure compliance and traction are not lost, setting up  and POS across various retail channels to make your product launch as successful as possible. We are able to provide ongoing support, all activities and stock and ensuring all your market is visible. We have provided merchandising services to a wide range of companies and can be counted on to ensure your products are priced correctly, positioned effectively and unmissable to customers.

 

in-store promotion

Currently companies are experiencing challenges in recruiting, managing and retaining in-store sales promoters and In-Store Promotion. Fulcrum offers a fully functional outsourcing solution that delivers guaranteed sales results. In turn this creates the opportunity for larger budget allocation to this area of business as well as a greater return on investment (ROI).

Whether your goal is to do a revenue drive, launch a new product or to create a sustainable In–Store sales force,Fulcrum can provide you with an enthusiastic, professional and well trained team of up to 500 brand ambassadors / promoters with extensive sales experience. We train our ambassadors to compliment the customers shopping experience by providing detailed product information and assisting customers in making purchase decisions. We tailor your promotion to deliver the desired brand interaction.

 

Product Launches

About Us and Product Launch
Our aim is to be your outsourced Field Sales Partner of choice.

We work in partnership with our clients to Product Launch and  activate sales and deliver retail excellence.

We do this through empowering our Field Sales teams with clear objectives, sense of purpose and effective technology, and measure our success by evaluating the return on investment.

We believe our experience, our sales ability and the detailed processes we have in place ensure we successfully launch new products to the market. Our sector experience and data insights ensure we are calling on the right outlets to maximise return on investment during the critical launch phase. We have proven experience in launching challenger brands to the market along with well-established range extensions and completely new products. We believe Fulcrum is the field marketing agency best suited to owning the responsibility of launching your new product – why not give us a call to find out if we can help you?

 

BTl Agency

As BTl Agency and btl marketing has evolved into a strategic, data-driven art form, our capabilities have grown to support not only the creation of impactful direct marketing, but its manufacturing and delivery into the hands of millions of consumers across the nation.

Our unmatched understanding of both btl agency and direct marketing strategy and modern marketing delivers scalable direct marketing campaigns and strong ROI for our clients.

Working as one collaborative team significantly tightens lead-time, capitalizes on production efficiencies and, ultimately, helps you make the most out of your marketing budget.

 

brand promotion activities

Door-to-door leaflet distribution and brand promotion activities ideas has a wealth of advantages. Perhaps the most important factor is that it’s far more cost-effective, and indeed effective, than many traditional marketing routes. It’s a simple and affordable way to spread the word about your business, highlight a specific product or service, or even promote your values in your local area and beyond.
By choosing us, you’ll gain access to our highly sophisticated demographic profiling, which will focus your letterbox marketing campaign to ensure our leaflet distributors deliver straight to your specific target audience.
Every one of our leaflet distributors is audited by a third party to ensure continued quality throughout your campaign. We believe in providing excellent service, complete with regular updates and progress reports from our dedicated customer service team once we begin delivering your leaflets.

BTL Activation

We strategically employ our core strengths to build brand equity and identity, with help of our BTl Marketing and BTL Activation Services.

We specialize in training and developing our Brand Ambassadors according to the needs and values of our clients. Our teams are equipped with sales techniques that create a pleasant, memorable, but most importantly on-going repeat purchase/brand experience for the customer. Brand Activation campaigns are often executed with minimal sales results. Fulcrum therefore produces a Brand activation that out performs any competitor in the market with guaranteed sales results. We custom design and enthusiastically deliver a branding message using the Features, Advantages and Benefits  of your product.

Demonstration Activities

In an increasingly competitive retail space, Demonstration Activities and in-store product sampling offer brands a unique opportunity to cut through the noise and engage with customers in a fun and engaging way that creates brand awareness, builds loyalty and drives sales.
Fulcrum specialise in producing and implementing highly effective Demonstration Activities and  in-store sampling by creating a compelling customer experience that brings your brand and products to life.

Mall Marketing

Mall marketing is an ideal way to generate brand awareness for our clients and to introduce new products/services to consumers.

Customers are already prepared for spending at malls, and tend to allow for more time to learn about our clients’ offerings. Our vibrant promoters relay the vision of our clients and create positive associations with their brand, as well as their products/services.

Not only do we do promotions at malls, educating customers, but we also drive sales, providing a bigger return on investment for our clients. Malls are ideal for instant sales generation, as it provides a better quality customer with a higher spend. In this way we can achieve 2 results at the same time, creating brand awareness as well as generating income, at no extra cost to the client.

 

HUMAN BANNER

Human Billboards

Want to target high traffic areas and hubs where other sort of media might not be available? Human Billboards  or  human banner have a strong and immediate impact and avoid conventional methods of getting your message out there.

OVERVIEW

  • Face-to-Face Engagement with target audience
  • Energetic staff can hand out info and direct people to a location
  • Backlit for undercover or night use
  • Can go to high foot traffic areas, like transport hubs
  • Work well in pairs or a group of four
  • Work well solo or in a combo campaign for maximum impact

PROMOTIONAL STAFFING

As one of the pioneers in promotional staffing, Fulcrum has a unique understanding of what it takes to staff promotional marketing events and how to ensure each experience is meaningful and memorable. By constantly and consistently working to find top notch talent for every event, no matter how big or small, we ensure our roster of team members is ready to deliver the best experience to consumers each and every time.

 

Brand Activation

  • EXPERIENTIAL MARKETING EVENTS
  • BRAND ACTIVATIONS
  • STREET TEAM PROMOTIONS
  • RETAIL MARKETING EVENTS
  • FOOD AND BEVERAGE EVENTS
  • FLYERING EVENTS
  • PRODUCT SAMPLING EVENTS
  • LABOR STAFF (LOAD-IN/LOAD-OUT/SETUP)
  • BRAND AMBASSADORS
  • HOSTS AND HOSTESSES
  • BRAND AMBASSADORS
  • PROMO MODELS
  • TRADE SHOW STAFF
  • PRODUCT SPECIALISTS
  • EVENT MANAGERS
  • PRODUCT DEMONSTRATORS
  • STREET TEAM BRAND AMBASSADORS
  • DJS AND EMCEES
  • MASCOTS AND COSTUME CHARACTERS

door to door sales agencies in mumbai

Face to Face Marketing and Door to Door Marketing 

Professional Qualified Sales Experts present products and services, calling on companies using our proven door to door sales agencies , door-to-door sales technique and door to door sales agencies in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, door to door sales agencies ). Our professional teams interact with customers, educating them on our clients’ products/services, as well as generating immediate sales or leads with interested customers.

Marketing and advertising budgets have come under increasing pressure. door to door sales agencies and Door-to-door sales is a low cost distribution channel, and is an effective way to gain more return on investment. It secures increased value with minimum spend, allowing access to a customer base which is not always reached by existing marketing strategies.

Through Door to Door sales, customers can choose the most suitable deals, especially because they have a chance to ask questions and have the offering clarified by our qualified sales experts in mumbai

Door to Door Sales Agency 

We believe our experience, our sales ability and the detailed processes we have in place ensure we successfully launch new products to the market. Our sector experience and data insights ensure we are calling on the right outlets to maximise return on investment during the critical launch phase.

We have proven experience in launching challenger brands to the market along with well-established range extensions and completely new products.

We believe Fulcrum is the door-to-door-sales agency in pune best suited to owning the responsibility of launching your new product – why not give us a call to find out if we can help you?

Marketing

Sales & merchandising
Shopper  & Retail Marketing 
Direct sales 
Sales promotion
Consumer sales promotions
Trade sales promotions
Promotions team

Product launches
Product sampling
Free Sampling Activities
Demonstration Activities
Merchandising

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

 

Marketing agencies in Warje

The Three Deadly Sins You’re Committing with Your Marketing Message

Your marketing message matters. All the best products, features, and services your company offers will mean nothing unless your customer says “yes” to them. That means you need to get the marketing message right across the entire sales cycle, from demand generation to sales enablement and beyond. Make sure you are not derailing your sales process by committing any of the three deadly marketing message sins.

1. Your story is all about you

One of the most important success factors in the buying cycle is the story you tell your prospects. Do you force prospects to understand and love your company story, or are you engaging them in a compelling dialogue about their story? The starring role in your marketing message has to go to the customer. Your company and offering play a supporting role in moving the plot of the customer’s story forward to the happy ending. You need a message that not only differentiates you from competitors, but also convinces the decision-maker that she needs to do something different.

2. You focus on brand positioning rather than customer messaging

Brand positioning – how we want to be known, what we promise to do, and what customers like about us – typically becomes a 30,000-foot hyperbole that rarely sets you apart from the competition. Many companies test whether customers like their brand position but they don’t test whether it will change behavior. Your marketing message needs to offer a compelling story that will create an impact by helping customers understand what they want or need and get them excited enough to do something different – and make them willing to go through the pain of change.

3. You churn out content without a distinct point of view

Marketers are constantly looking for ways to create the quality of content needed, in a timely fashion, to fill all the holes in the demand-generation and sales-enablement content map. But rarely is the focus on making the content more distinctive. Your content is an extension of your marketing message and to be truly effective – to drive action – you need to show the relevant impact that the latest trends, issues, challenges, problems, and changes will have on the outcomes that customers desire. And then it must show them how your organization can help them avoid risks and maximize opportunities.

So, how do you avoid these deadly sins and develop effective marketing messages? Corporate Visions can help. Our Power Positioning helps you set your organization apart from competitors and compels the customer to make a decision for you.

 

 

 

 

 

door to door sales agencies in Pune

door to door sales agencies in mumbai

Services marketing , Display advertising, Product Promotion, native advertising,

Airports Branding, Brand ambassador, Brand Assessment

 

door to door Marketing agent in mumbai

Face to Face Marketing and Door to Door Marketing 

Professional Qualified Sales Experts present products and services, calling on companies using our proven door to door Marketing agent , door-to-door sales technique and door to door Marketing agent in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, door to door Marketing agent ). Our professional teams interact with customers, educating them on our clients’ products/services, as well as generating immediate sales or leads with interested customers.

Marketing and advertising budgets have come under increasing pressure. door to door Marketing agent and Door-to-door sales is a low cost distribution channel, and is an effective way to gain more return on investment. It secures increased value with minimum spend, allowing access to a customer base which is not always reached by existing marketing strategies.

Through Door to Door sales, customers can choose the most suitable deals, especially because they have a chance to ask questions and have the offering clarified by our qualified sales experts in mumbai

Door to Door Sales Agency 

We believe our experience, our sales ability and the detailed processes we have in place ensure we successfully launch new products to the market. Our sector experience and data insights ensure we are calling on the right outlets to maximise return on investment during the critical launch phase.

We have proven experience in launching challenger brands to the market along with well-established range extensions and completely new products.

We believe Fulcrum is the door-to-door-sales agency in pune best suited to owning the responsibility of launching your new product – why not give us a call to find out if we can help you?

Marketing

Sales & merchandising
Shopper  & Retail Marketing 
Direct sales 
Sales promotion
Consumer sales promotions
Trade sales promotions
Promotions team

Product launches
Product sampling
Free Sampling Activities
Demonstration Activities
Merchandising

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

 

Marketing company in bosari

Media as an Instrument of Control vs. Media as an Agent of Change

Media as an Instrument of Control

In many countries, the media is used by the government as an instrument of control and for propaganda purposes. For instance, the Chinese media is heavily controlled and censorship is direct and deep. In countries like the United States, though there is no explicit control, the media is expected to follow the line set by the corporates and the establishment. Of course, this does not mean to say that the media in the US is biased. Just that the forms of control are different and with corporate media houses ruling the roost, sponsors, and advertisers determine the agenda. This is the case in India largely thanks to the tradition of the press being an agent of change in the country.

The other aspect here is that all governments irrespective of whether they are democratically elected or authoritarian realize the importance of the media in the agenda setting function and hence use the media to their advantage. It is common to find media houses aligned to one political party or the other. This is the case in many countries around the world. The difference is the degree of manipulation that the establishment resorts to in each country.

Media as an Agent of Change

The previous section might have touched upon the negative aspects of the media and hence, this section is intended to bring out the other side of the story (no pun intended). Despite restrictions and censorship, mediapersons in many countries work tirelessly and courageously to report and publish according to their conscience and not according to the dictates of the establishment. With the advent of the internet and social media, it has become easy for journalists with a conscientious bent of mind to pursue their passion and ideals. Because of the fluid nature of the medium, the internet is harder to control and manipulate though there are cases where the establishment resorts to control over websites and the publications.

The Bottom Line Imperative

Considering the fact that mediapersons have to walk a tightrope between the establishment and their duty to the citizenry, the bottom line imperative ought to be fairness, truthfulness, and objectivity in their reporting. This can be done by ensuring that stories that are controversial are not killed or buried in the maze but instead, they are given the importance they deserve. Further, media houses ought to shun the temptations of power and perks and be neutral and unbiased in their reporting. This can be achieved if the mediapersons do not fall into the habit of receiving favors from the establishment and the corporates beyond a point.

Finally, it is simply not possible to have objectivity all the time as sponsorship and advertising revenue is the backbone of the media. Therefore, the aim should be to be as objective as possible and as independent as possible within the constraints. This is not a tall order and can be achieved with experience and a deep-rooted commitment to values instead of being driven by profits alone.

 

 

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Articales from http://www.managementstudyguide.com

 

 

Commercial Sales Methodologies are evolving at a slow pace

Yesterday, I attended a presentation about Sales Performance International’s (SPI  new “Solution Selling 2.0” program.

 

The one and only sales process does no longer exist

From what I heard, I think “Solution Selling 2.0” might help sellers to be more effective to help customers in their buying process. I found most interesting that the company, probably owning the most process oriented commercial sales methodology, had to concede that in today’s world, using one and only one sales process is no longer effective. I could not help to chuckle when I heard this. I had already written about the need for a multiple process approach in 2008.

Since then, others, such as McKinsey have shown that the customer buying process are different in function of customer loyalty (McKinsey Quarterly 2009 No2.) Also for quite some years, CSO insights consider that best in class companies have a dynamic sales process. Which to me indicates that also they consider that a one size fits all approach is no longer effective.

Implications for Sales Management

The need for several sales processes  increases complexity for sales management. It is no longer sufficient to inspect that the sales process is followed. Managers now need to be able to inspect that the most suitable process is followed. While the design of these different processes can be delegated (e.g. to sales operations), managers must be able to judge which process is the most suitable for a given buying situation. Universally applied criteria for the selection of the right process must be defined and applied.

The need for an outside-in view

To come to meaningful selection criteria for the appropriate sales process, a mapping to the customers buying process is fundamental. It is relatively simple to see if the customer buying process is considered in the sales process. I usually look how sales stages (the top level definition of a sales process) are labeled in the CRM system. If you do not find any terms reflecting the customer situation, then there is a high likelihood that your sales process is internally focused. You would be surprised how often you still find this situation in running CRM implementations. If you find yourself in this situation an effort must be made to understand the customer’s buying behavior (outside in) before even contemplating to move to a set of various sales processes.

Call for action

Moving towards various sales processes to be more responsive to different customer situations is a change management process. Sales Leaders and Mangers are the first targets who must adhere to this change. Are you as leaders and managers willing to make this effort?

 

A Skills Deficiency of Our Own Making

 

Four out of five companies worry they are not training as many salespeople on the skills they need

Companies are struggling to train as many salespeople as they want on the skills they need, but it’s partly a product of their own doing.

According to a new joint survey between my company, Corporate Visions and Sales & Marketing Management magazine, nearly 80 percent of companies say they are not able to train as much as they want primarily because of pressure not to take salespeople out of the field.

Ironically, when we asked “who is the primary decider of what training salespeople should get,” the No. 1 answer was “their manager.” In other words, the very same people who struggle to justify time out of the field.

Sound like a conflict of interest? That’s because it is one.

Faced with the contradictory pressures to drive the business or take time to hone their team’s skills, the majority of managers are opting to take a pass on the training, according to 56 percent of respondents. The next-highest reason for limiting training reach was budget constraints, which ranked a distant second at 37 percent.

Three big training challenges and possible solutions

Faced with this kind of pressure, senior sales management and training leaders need to reconsider their options when it comes to providing the necessary skills development. Here are three considerations in the form of challenges/solutions your company will need to wrestle with if you are struggling with this same dilemma:

Competency models tied to key performance indicators vs. generic roles and responsibilities curriculum

Custom learning paths vs. arbitrary learning paths

Flexible, just-in-time and online options vs. rigid, scheduled and classroom-only option

Competency model-driven training curriculum

According to Sirius Decisions, 70 to 80 percent of companies do not follow a competency-based training model, meaning there’s no standard set of skills that salespeople need to master, and no agreement about what level of proficiency they must show.

What’s a reasonable roadmap for developing a competency-based training program? One idea is to build a competency model around the three “value conversations” salespeople must master across the buying cycle. These value conversations are tied to the critical moments of truth in any deal cycle.

•   Pipeline (Create Value) – Provide training, practice and coaching on the ability to disrupt the status quo, convince a prospect or customer of the need to change, and then effectively differentiate from competitive alternatives to create more qualified opportunities.

•   Proposals (Elevate Value) – Provide skills development and tools to improve the ability of reps to connect external factors and key customer initiatives to your solution, and then build a meaningful business case that communicates value and passes muster with key executive decision makers.

•   Profits (Capture Value) – Provide concepts and techniques to make sure your reps don’t let value leak and margins suffer as the deal makes its way through the process and you confront the inevitable pricing pressures as you run the procurement gauntlet.

By ensuring reps are being trained, coached, measured and certified on these value conversation skills, you’ll improve the relevance of your curriculum relative to sales’ key performance indicators.

Custom learning paths based on performance indicators

With a competency model in place, you can now replace your outdated “arbitrary learning paths” with custom learning paths designed to up-skill salespeople in the areas they actually need, as opposed to relying on unreliable manager opinions or generic role- or tenure-based development plans.

Helping to make this easier is the fact that data is available from several sources, which can help determine each rep’s specific area of training needs. For example:

Helping to make this easier is the fact that data is available from several sources, which can help determine each rep’s specific area of training needs. For example:

•   You can look to your CRM system to find which reps are struggling to create pipeline sufficient to meet their quota.

•   You can see which reps tend to have deals and proposals get mired in the middle of pipeline because they struggle to get executive-level buy-in.

•   You can look at deal data to see which reps are the most unscrupulous about discounting and pricing.

Using these performance indicators, you can begin to assign the appropriate training to your reps, helping you address the areas of greatest concern. You can also consider behavioral outcome type assessments that help determine the skills gaps associated with each of the competencies in your model. Well-written surveys that include benchmark data for comparison to low and high performers can help you prioritize which reps need help in which areas.

Flexible learning modalities

Competency models and custom learning paths won’t help your reps unless you can get the right training to the right reps at the right time. As the survey revealed, time is the biggest enemy of a great training program. In traditional classroom learning, reps are often waiting to attend a scheduled class in a city near them that may be months out from when you have determined their need, only to have that date come and the rep’s manager decide they can’t leave the field (or, perhaps a travel freeze could keep them grounded in their home office).

Classroom training may still be perceived as the standard when it comes to driving behavioral change in the field. However, valuable as that format is, it will have zero impact if you can’t get reps into the classroom when they need it.

That’s why companies need virtual training formats that aim to replicate the training rigor of a classroom setting. This virtual format should be based on competency models, custom learning paths and situational learning modalities that improve reps’ performance without removing them from the field.

Evidently this is becoming more obvious to companies, with 65 percent of respondents indicating they plan to increase spending on virtual, modular training formats. Meanwhile, investment in instructor-led classroom training?—?perceived as the most effective in terms of driving behavior changes?—?is set to remain flat, according to the survey.

Clearly, there’s growing interest in virtual training, but the survey results suggest that the quality of the format hasn’t caught up to the demand. In fact, only 9 percent of respondents rated virtual training as the most effective for behavior change compared to classroom (45 percent) and manager-led coaching (39 percent).

But, given the choice between getting no training and getting some training?—?in particular, training that is tied to key competencies and customized to performance indicators, and can be pushed immediately?—?we may have reached a fundamental tipping point in the area of sales skills training.

Check out Corporate Visions’ State of the Conversation Report: “Beyond the Classroom,” to learn more about how these trends are driving significant changes in sales training.

 

 

door to door Marketing agent in Pune

door to door Marketing agent in mumbai

Interactive marketing , Advertising, direct marketing activation, display advertising,

Airports Activation, Brand Activations, B B Research

 

door to door Marketing agent in mumbai

Face to Face Marketing and Door to Door Marketing 

Professional Qualified Sales Experts present products and services, calling on companies using our proven door to door Marketing agent , door-to-door sales technique and door to door Marketing agent in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, door to door Marketing agent ). Our professional teams interact with customers, educating them on our clients’ products/services, as well as generating immediate sales or leads with interested customers.

Marketing and advertising budgets have come under increasing pressure. door to door Marketing agent and Door-to-door sales is a low cost distribution channel, and is an effective way to gain more return on investment. It secures increased value with minimum spend, allowing access to a customer base which is not always reached by existing marketing strategies.

Through Door to Door sales, customers can choose the most suitable deals, especially because they have a chance to ask questions and have the offering clarified by our qualified sales experts in mumbai

Door to Door Sales Agency 

We believe our experience, our sales ability and the detailed processes we have in place ensure we successfully launch new products to the market. Our sector experience and data insights ensure we are calling on the right outlets to maximise return on investment during the critical launch phase.

We have proven experience in launching challenger brands to the market along with well-established range extensions and completely new products.

We believe Fulcrum is the door-to-door-sales agency in pune best suited to owning the responsibility of launching your new product – why not give us a call to find out if we can help you?

Marketing

Sales & merchandising
Shopper  & Retail Marketing 
Direct sales 
Sales promotion
Consumer sales promotions
Trade sales promotions
Promotions team

Product launches
Product sampling
Free Sampling Activities
Demonstration Activities
Merchandising

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

 

marketing consultants in pune

Process is Everything to Hire Better, Faster, and Proactively

Process is Everything to Hire Better, Faster, and Proactively

Process has lots of benefits and every executive knows it. With that knowledge, almost every executive is disappointed with the final results of that process.

The problem is not that everyone is missing a hiring process, but that the hiring process is not aligned to the organizational needs.

This misses the target of driving optimal hiring results. To make any process improvements, overcoming legacy thinking is a real challenge.  Will you get candidates through headhunters, Post & Pray, employee referrals or other sourcing means?  I can’t think of one client who didn’t have a hiring process in place, however all of them were not achieving the outcomes they desired and acknowledged a need to modify their strategy which would improve their process and results.

It seems so logical that if you want to make progress, then adjust your strategy, people, tools, process, or systems.  But however logical it may sound, simple fear causes people to delay or forego an improvement.

We’ve found there is a basic foundation to hiring talent that when properly utilized, speed to hire and quality will improve by over 30%.  Here are 5 proven steps that need to be in place and will improve your confidence to hire better, faster, and consistently.

1. Strategy and Planning: Develop a 12 month Hiring Demand Matrix and stage gate hiring strategy, process and metrics.  You will need tools such as Job Descriptions/Profile, Candidate Screening Summaries, Key Competencies, Interview Guides (with ratings), and qualitative/quantitative comparisons that define what is great and what is good.

2. Sourcing: Sourcing Talent pools with highly effective tools that will vet and match candidates for current and future roles

3. Recruiting: build a contact strategy and structure to connect with talent, scripts/talking points that present highlights of the opportunity, and guidelines to match their skills and align their career goals with your company opportunity

4. Screening and Assessment: Screen candidates via 7-10 questions specific to the needs of your company for the role, cultural fit, career fit, and motivational fit. Utilize chosen assessment tools as another data point for decision making

5. Talent Pipelining: Proactively approach and build relationships with the Talent Pool that matches your future hiring needs.  This will give you a competitive advantage to hire better people faster.

Process drives consistency and by providing consistency in all aspects of hiring talent, there is more clarity in defining what you are looking for, how you will get there, and how to measure how you are doing throughout the process. Better process. Better performance.

Let’s set some expectations. This process rarely produces a six-sigma result. If you can move your results from a 50:50 result to a 60:40 result, you have made an enormous leap forward in the performance of your organization. Start with the number you are starting with, then make your estimate from there of your expectation.

 

 

Brand Name

Brand name is one of the brand elements which helps the customers to identify and differentiate one product from another. It should be chosen very carefully as it captures the key theme of a product in an efficient and economical manner. It can easily be noticed and its meaning can be stored and triggered in the memory instantly. Choice of a brand name requires a lot of research. Brand names are not necessarily associated with the product. For instance, brand names can be based on places (Air India, British Airways), animals or birds (Dove soap, Puma), people (Louise Phillips, Allen Solly). In some instances, the company name is used for all products (General Electric, LG).

Features of a Good Brand Name

A good brand name should have following characteristics:

1. It should be unique / distinctive (for instance- Kodak, Mustang)

2. It should be extendable.

3. It should be easy to pronounce, identified and memorized. (For instance-Tide)

4. It should give an idea about product’s qualities and benefits (For instance- Swift, Quickfix, Lipguard).

5. It should be easily convertible into foreign languages.

6. It should be capable of legal protection and registration.

7. It should suggest product/service category (For instance Newsweek).

8. It should indicate concrete qualities (For instance Firebird).

9. It should not portray bad/wrong meanings in other categories. (For instance NOVA is a poor name for a car to be sold in Spanish country, because in Spanish it means “doesn’t go”).

Process of Selecting a renowned and successful Brand Name

1. Define the objectives of branding in terms of six criterions – descriptive, suggestive, compound, classical, arbitrary and fanciful. It Is essential to recognize the role of brand within the corporate branding strategy and the relation of brand to other brand and products. It is also essential to understand the role of brand within entire marketing program as well as a detailed description of niche market must be considered.

2. Generation of multiple names – Any potential source of names can be used; organization, management and employees, current or potential customers, agencies and professional consultants.

3. Screening of names on the basis of branding objectives and marketing considerations so as to have a more synchronized list – The brand names must not have connotations, should be easily pronounceable, should meet the legal requirements etc.

4. Gathering more extensive details on each of the finalized names – There should be extensive international legal search done. These searches are at times done on a sequential basis because of the expense involved.

5. Conducting consumer research – Consumer research is often conducted so as to confirm management expectations as to the remembrance and meaningfulness of the brand names. The features of the product, its price and promotion may be shown to the consumers so that they understand the purpose of the brand name and the manner in which it will be used. Consumers can be shown actual 3-D packages as well as animated advertising or boards. Several samples of consumers must be surveyed depending on the niche market involved.

6. On the basis of the above steps, management can finalize the brand name that maximizes the organization’s branding and marketing objectives and then formally register the brand name.

 

 

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….

 

Articales from http://www.managementstudyguide.com

 

 

Are your Salespeople asking the right questions…….

 

to add value to the conversation with and informed self driven prospect.

Reading a contribution by Paul McCord to an interesting discussion on sales force ineffectiveness started by Dave Brock over at The Customer Collective, lead me to this question. I think it is a real challenge we have to become aware of and have to have answers to if we want salespeople to be able to continue bringing value to their interactions with such prospects. Bringing this value is key for the salesperson to build credibility and establish a relationship to generate sustainable revenue streams.

Most buying processes, today, start by a search on the net. This allows prospects to form an opinion about a product or service and its potential suppliers without needing the help of the salesperson. Before the Internet, salespeople were the gateway to this information. What is left now is the mistrust and fear from prospects to be manipulated by the sellers. Before they did not have the choice than engage with the salesperson anyway. Today, prospects are given means to form the opinion keeping the salesperson out of the loop until late in the buying process. .

As if this were not enough, new lead generation and lead nurturing tools, mostly operated by the marketing organizations, cause that the initial contact between the prospect and the salesperson is even later in the buying cycle.

When a sales person finally can establish contact with the prospect, this prospect is already very advanced in the decision process. Salespeople just wanting to close a deal, probably will even be happy about this. They run though the risk that they might become obsolete very soon, if all they do is taking the order. The number of purchases customers are able and willing to make via the Internet without direct human intervention from the seller is growing daily.

For purchases where the customer is not willing or able to make the purchasing decision without a salesperson’s help, we have to consider modifying the approach of needs analysis as it is taught today.

While a patient, seeing a doctor, will accept that the doctor goes through his/her diagnosis procedure despite the fact that the patient formed an own opinion about his/her state of health, a prospect having formed an opinion about a solution is very unlikely to accept the standard needs analysis procedure from a sales person. Such an analysis would be perceived as a waste of time. Studies done with buyers in the IT sector revealed that they already think salespeople are making the sales cycle too long compared to how they want to buy.

Why is it more difficult for a sales person to use the classical needs analysis scheme with an informed self driven prospect? Prospects rarely see a sales person as a trustworthy authority for where they seek help. Their impression will be reinforced by the fact that chances are high the salesperson will not be able to help immediately. Prospects will ask for help in their decision on a level where the salespersons first must consult with other functions within their organization. Salespeople risk giving the impression of ‘just being a conduit without much value added’.

Nevertheless, a salesperson seriously interested in building a relationship instead of closing a deal,has to make sure that the prospect has not formed any wrong perceptions about a certain offering. Purchases done on wrong perceptions will end up in customer dissatisfaction.

Guess who the customer is going to blame if this were to happen, the sales person. “He/she should have told me so that this offering does not fit my needs”. It is an irrational reaction. First the prospects mistrust salespersons and make it difficult for them to fulfill their role of a consultant. When expectations are not met, customers need somebody to blame. Ironically, they accuse the same person, that they before did not let do the job properly. We cannot change the customer. So we have to adapt the behavior of the salespeople.

The remedy, I suggest is to modify the questions we ask informed self driven prospects.

Using confirmation questions could be the way forward to provide value for interaction with such prospects. Why not start with something like “I assume you have set your mind on this solution X to help you improve your business in area Y.” I think few prospects would object being asked this type of question . It acknowledges the fact that the prospect is already far advanced in the decision process. It also signals that the sales person is focused on the customer’s business outcome and wants to make sure that the solution meets the prospect’s expectations in this respect.

For such an approach to work, we not only need to focus on the questioning technique used by the salesperson. Being able to ask this simple question requires, that the salesperson understands what business problem a particular offering solves.

Ask yourself where the salesperson can get this information within your organization? I would not be surprised if no place could be found where this is readily available. Salespeople, aware of the need for such information, will thus have made up their ideas by themselves. Leaving salespeople alone in this important task, creates the risk of ending up with unsatisfied customers. Sales people might have formed wrong perceptions for themselves and despite good intentions will end up perpetuating their wrong perceptions to their prospects. The customer will thus end up with unmet expectations.

Preparing salespeople to add value to informed and self directed prospects will require new approaches for sales enablement. Teaching people what a product does, how it compares to competition etc. is relevant because salespeople are expected to know more if they want to gain credibility with their prospects .But it is not sufficient. Sales people also and maybe first need to understand what business outcome a customer can expect from buying a certain offering. I consider it a task of marketing to create this understanding.

Successful sales enablement will thus start with marketing expanding their focus and understanding themselves as a service provider to the sales force. After all they were instrumental, with their websites, lead generation and -nurturing systems, creating the new environment salespeople have to live in.

 

 

door to door Marketing agent in Pune

door to door Marketing agent in mumbai

Interactive marketing , Advertising, direct marketing activation, display advertising,

Airports Activation, Brand Activations, B B Research

 

door to door sales agencies in mumbai

Face to Face Marketing and Door to Door Marketing 

Professional Qualified Sales Experts present products and services, calling on companies using our proven door to door sales agencies , door-to-door sales technique and door to door sales agencies in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, door to door sales agencies ). Our professional teams interact with customers, educating them on our clients’ products/services, as well as generating immediate sales or leads with interested customers.

Marketing and advertising budgets have come under increasing pressure. door to door sales agencies and Door-to-door sales is a low cost distribution channel, and is an effective way to gain more return on investment. It secures increased value with minimum spend, allowing access to a customer base which is not always reached by existing marketing strategies.

Through Door to Door sales, customers can choose the most suitable deals, especially because they have a chance to ask questions and have the offering clarified by our qualified sales experts in mumbai

Door to Door Sales Agency 

We believe our experience, our sales ability and the detailed processes we have in place ensure we successfully launch new products to the market. Our sector experience and data insights ensure we are calling on the right outlets to maximise return on investment during the critical launch phase.

We have proven experience in launching challenger brands to the market along with well-established range extensions and completely new products.

We believe Fulcrum is the door-to-door-sales agency in pune best suited to owning the responsibility of launching your new product – why not give us a call to find out if we can help you?

Marketing

Sales & merchandising
Shopper  & Retail Marketing 
Direct sales 
Sales promotion
Consumer sales promotions
Trade sales promotions
Promotions team

Product launches
Product sampling
Free Sampling Activities
Demonstration Activities
Merchandising

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

 

marketing job in pune

4 Tips for Leveraging Subject Matter Experts

4 Tips for Leveraging Subject Matter Experts

Guest Faculty Post by Jennifer Palus

Including a SME (subject matter expert) in your sales process is a very smart move. The SME has additional expertise and can often explain ideas with more depth and clarity than you can. The SME can help interpret your prospect’s business challenges and concern. You can often enable your expert to talk directly to the prospect’s expert in their own language.

Because a SME can relieve prospect fears and confirm client purchase decisions, they add to your credibility and are a valuable resource, if you prepare and use them correctly.

Tip #1. Give your SME context and a goal.

Preparing the SME is the salesperson’s responsibility. Don’t just hop in the car and assume they know what you need. A SME is an expert – but not in sales! – she needs to understand the players on the prospect’s side of the table and the role you want her to play. Explain the personalities and opinions, not just the org chart. For example, if you are hoping use your CFO to convert a resistant VP of Finance, make sure you provide context and the VP’s past objections. Most importantly, explain what “success” looks like for the SME, e.g., “If you can help Linda decide to sign off on the pilot program, that’s a win.”

Tip #2. Set guardrails for interaction with the prospect.

Sometimes a SME gets so excited to be part of a sales process that they talk a little too much or even try to negotiate the sale. Make sure your SME knows when and how to interact. For example, overtly explain how you will invite him to participate in the conversation during the sales call. (e.g., “Bob, can you speak to that question?”). Some salespeople use a subtle hand gesture or keyword to let the SME know when they need expert support. Or let him know it’s OK to jump in at any time, if that’s appropriate. One of the best ways to help your SME understand their role is to rehearse and role play ahead of time.

Tip #3. Listen to SME concerns.

Speaking of rehearsal, your SMEs may raise objections to sales pitch language. The SME may spot esoteric details that don’t really impact the sale (“The case study says we used the X4RT2 component, but it was the X4RS3.”). Or he may point out potentially damaging claims that should be corrected (“Your slide says 25% improvement but it was 21.7%”). You can get frustrated with their objections, or you can use them to your advantage to tighten your pitch. If a SME is uncomfortable with your “sales spin” that is usually a sign your prospect (or their experts) might be as well. Use the SME as your canary in a coal mine, and learn from their reactions and concerns.

Tip #4. Never trap your SME.

When you bring an expert with you, it’s a bad idea to place the SME in a position where she has to contradict you in front of the prospect. You may have heard the sales advice: Never ask a question if you don’t know the answer. That is especially true with SMEs. Subject matter experts are more interested in being accurate than in closing the sale. Don’t assume they will follow allow with your pitch improve on topics you haven’t discussed in advance.

Including SMEs in your sales process can often allow you to reach further and higher inside your prospect’s company. SMEs are valuable resources, but always remember it is your responsibility to prepare them and apply their expertise where you need it.

 

Sources of Brand Identity

1. SYMBOLS- Symbols help customers memorize organization’s products and services. They help us correlate positive attributes that bring us closer and make it convenient for us to purchase those products and services. Symbols emphasize our brand expectations and shape corporate images. Symbols become a key component of brand equity and help in differentiating the brand characteristics. Symbols are easier to memorize than the brand names as they are visual images. These can include logos, people, geometric shapes, cartoon images, anything. For instance, Marlboro has its famous cowboy, Pillsbury has its Poppin’ Fresh doughboy, Duracell has its bunny rabbit, Mc Donald has Ronald, Fed Ex has an arrow, and Nike’s swoosh. All these symbols help us remember the brands associated with them.

Brand symbols are strong means to attract attention and enhance brand personalities by making customers like them. It is feasible to learn the relationship between symbol and brand if the symbol is reflective/representative of the brand. For instance, the symbol of LG symbolize the world, future, youth, humanity, and technology. Also, it represents LG’s efforts to keep close relationships with their customers.

2. LOGOS- A logo is a unique graphic or symbol that represents a company, product, service, or other entity. It represents an organization very well and make the customers well-acquainted with the company. It is due to logo that customers form an image for the product/service in mind. Adidas’s “Three Stripes” is a famous brand identified by it’s corporate logo.

Features of a good logo are :

a. It should be simple.

b. It should be distinguished/unique. It should differentiate itself.

c. It should be functional so that it can be used widely.

d. It should be effective, i.e., it must have an impact on the intended audience.

e. It should be memorable.

f. It should be easily identifiable in full colours, limited colour palettes, or in black and white.

g. It should be a perfect reflection/representation of the organization.

h. It should be easy to correlate by the customers and should develop customers trust in the organization.

i. It should not loose it’s integrity when transferred on fabric or any other material.

j. It should portray company’s values, mission and objectives.

The elements of a logo are:

1. Logotype – It can be a simple or expanded name. Examples of logotypes including only the name are Kellogg’s, Hyatt, etc.

2. Icon – It is a name or visual symbol that communicates a market position. For example-LIC ’hands’, UTI ’kalash’.

3. Slogan – It is best way of conveying company’s message to the consumers. For instance- Nike’s slogan “Just Do It”.

3. TRADEMARKS- Trademark is a unique symbol, design, or any form of identification that helps people recognize a brand. A renowned brand has a popular trademark and that helps consumers purchase quality products. The goodwill of the dealer/maker of the product also enhances by use of trademark. Trademark totally indicates the commercial source of product/service. Trademark contribute in brand equity formation of a brand. Trademark name should be original. A trademark is chosen by the following symbols:

™ (denotes unregistered trademark, that is, a mark used to promote or brand goods);

SM (denotes unregistered service mark)

® (denotes registered trademark).

Registration of trademark is essential in some countries to give exclusive rights to it. Without adequate trademark protection, brand names can become legally declared generic. Generic names are never protectable as was the case with Vaseline, escalator and thermos.

Some guidelines for trademark protection are as follows:

i. Go for formal trademark registration.

ii. Never use trademark as a noun or verb. Always use it as an adjective.

iii. Use correct trademark spelling.

iv. Challenge each misuse of trademark, specifically by competitors in market.

v. Capitalize first letter of trademark. If a trademark appears in point, ensure that it stands out from surrounding text.

 

 

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Articales from http://www.managementstudyguide.com

 

 

Those Who Measure, Measure Rubbish

 

is the translation of a play on words in German: “Wer misst, misst Mist”. Physicist use it to remind themselves that not all what they measure can be taken as hard facts.

Sales managers might want to adhere to this caution as well. Especially in uncertain times, it is important to have confidence, that what is measured are facts helping them to navigate through the turbulences.

Sales performance measured with company results
As the role of a sales force is to generate revenue for a company, and it is furthermore easy to measure, it is a frequently observed practice to use revenue as the primary performance indicator of the sales force. Andris A.Zoltners, Prabhakant Sinha and Greggor A. Zoltners remind us in “The Complete Guide to Accelerating Sales Force Performance” that company results are not necessary good hard measures for managing salespeople. They refer to findings from their statistical studies , suggesting that the one-year impact on revenue of a sales force at the sales territory level is anywhere from 20 to 90 percent. Admittedly, the book was published in 2001. I believe however that, with the self directed customers empowered by the Internet, the situation is probably even worse today,. But this is not the only problem. Revenue is also not an adequate indicator to understand coaching needs of salespeople.

Revenue is a lagging indicator
Revenue is the outcome of the sales process. It is the result of actions that have happened in the past. If the results are not satisfactory, we have to modify the process. For knowing where the process fails, we need measurements along the process chain, not only at the output

The root cause for missing the number might be found several months in the past. Despite this, result oriented managers tend to try to manage this outcome. directly This also means that corrective actions to curb the trend might show results much later than the patience of a sales manager lasts. Many “improvement plans” imposed to an under performing salesperson are thus self fulfilling prophecies for failure if results on revenue level are expected in a shorter time frame than the average sales cycle length.

Derived productivity indicators might be misleading
Also derived productivity ratios like sales per head or quota attainment are not necessarily good productivity indicators for the salesperson. As indicated in a previous post, quota attainment might reflect more on the ability of the sales managers to set realistic targets than on the salesperson to make the expected number.

The same is true for sales per head; especially if the manager has fallen in the trap of the law of diminished returns. This can happen when managers follow the rule that “more feet on the street” will increase revenue. In a saturated territory, there is just not enough potential for the additionally assigned sales person to bring in the expected revenue increase. So again it is more a result of a management decision than the salesperson’s ability to sell.

Alternative Indicators from the sales formula
In 2000 at the first indication of the burst of the Internet bubble, I proposed to my then employer the first version of the sale equation, built from indicators than can be influenced directly by the sales force. The potential impact of the formula was not very well understood at the time. Today it is known as the sales velocity equation. As the equation in its original form lead to wrong interpretations, I have it now reformulated to:

Revenue = ∫((# of Opportunities*average deal size*conversion rate)/time in funnel)dt

Don’t let yourself be scared by the math. Essentially, what the formula says is that revenue is dependent on the number of opportunities in the funnel, the average deal size, the conversion rate and average the time it takes to get an opportunity through the funnel.

The attractiveness of these indicators lays in the fact, that when put properly into the context of the sales situation, they allow to detect on what salespeople need to be coached to improve their performance. I have built a whole sales management training curriculum around this formula. Here we have only room to illustrate the use with an example.

Take a salesperson with a lower average deal size compared to peers. Root causes for this might be lack of capabilities for up selling or heavy discounting. With this knowledge, targeted coaching can take place instead of just pounding on the table and ask for more revenue. Also training initiatives become more targeted and outcomes become measurable.

Especially in tough market conditions, the conversion rate is probably the most effective parameter to focus on. Some experts go so far as to say that managing the conversion rate is the primary task of a sales manager. The conversion rate is also particularly important in complex sales situations as it is an effectiveness indicator. In view of this, I am always surprised how few managers, of those asking me for help to increase the productivity of their sales force, actually know their conversion rate on an overall level, let alone between stages of their sales process.

Conclusion
Performance improvement will have to start with the mindset of sales managers. Especially those believing that “only what can be measured can be managed” should accept that “not all that can be measured can be managed”. Eventually they will have to accept, that sales forces cannot be managed by spread sheets especially if they are full of revenue dependent ratios as sophisticated as they might be.

 

 

door to door sales agencies in Pune

door to door sales agencies in mumbai

Services marketing , Display advertising, Product Promotion, native advertising,

Airports Branding, Brand ambassador, Brand Assessment

 

door to door sales agencies in Pune

Face to Face Marketing and Door to Door Marketing 

Nothing beats the reality that one gets when you can interact with potential clients face to face physically moving from door to door within a community or household to household, face to face field marketing is also called personal selling or door to door marketing, customers are met directly in order to sell their products, using this method of field marketing we rely on our skills and persuasive abilities. During the period where we get to interact with the client face to face we get more chance to pass across edible information which would be useful to all our customers at that time and it’s also an opportunity for us to get feedback and to gauge your opinion about our business.

Marketing

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

 

Marketing agencies in Warje

The Three Deadly Sins You’re Committing with Your Marketing Message

Your marketing message matters. All the best products, features, and services your company offers will mean nothing unless your customer says “yes” to them. That means you need to get the marketing message right across the entire sales cycle, from demand generation to sales enablement and beyond. Make sure you are not derailing your sales process by committing any of the three deadly marketing message sins.

1. Your story is all about you

One of the most important success factors in the buying cycle is the story you tell your prospects. Do you force prospects to understand and love your company story, or are you engaging them in a compelling dialogue about their story? The starring role in your marketing message has to go to the customer. Your company and offering play a supporting role in moving the plot of the customer’s story forward to the happy ending. You need a message that not only differentiates you from competitors, but also convinces the decision-maker that she needs to do something different.

2. You focus on brand positioning rather than customer messaging

Brand positioning – how we want to be known, what we promise to do, and what customers like about us – typically becomes a 30,000-foot hyperbole that rarely sets you apart from the competition. Many companies test whether customers like their brand position but they don’t test whether it will change behavior. Your marketing message needs to offer a compelling story that will create an impact by helping customers understand what they want or need and get them excited enough to do something different – and make them willing to go through the pain of change.

3. You churn out content without a distinct point of view

Marketers are constantly looking for ways to create the quality of content needed, in a timely fashion, to fill all the holes in the demand-generation and sales-enablement content map. But rarely is the focus on making the content more distinctive. Your content is an extension of your marketing message and to be truly effective – to drive action – you need to show the relevant impact that the latest trends, issues, challenges, problems, and changes will have on the outcomes that customers desire. And then it must show them how your organization can help them avoid risks and maximize opportunities.

So, how do you avoid these deadly sins and develop effective marketing messages? Corporate Visions can help. Our Power Positioning helps you set your organization apart from competitors and compels the customer to make a decision for you.

 

 

 

 

 

door to door sales agencies in Pune

door to door sales agencies in mumbai

Services marketing , Display advertising, Product Promotion, native advertising,

Airports Branding, Brand ambassador, Brand Assessment

 

door to door Marketing agent in Pune

Face to Face Marketing and Door to Door Marketing 

Nothing beats the reality that one gets when you can interact with potential clients face to face physically moving from door to door within a community or household to household, face to face field marketing is also called personal selling or door to door marketing, customers are met directly in order to sell their products, using this method of field marketing we rely on our skills and persuasive abilities. During the period where we get to interact with the client face to face we get more chance to pass across edible information which would be useful to all our customers at that time and it’s also an opportunity for us to get feedback and to gauge your opinion about our business.

Marketing

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

 

Marketing company in bosari

Media as an Instrument of Control vs. Media as an Agent of Change

Media as an Instrument of Control

In many countries, the media is used by the government as an instrument of control and for propaganda purposes. For instance, the Chinese media is heavily controlled and censorship is direct and deep. In countries like the United States, though there is no explicit control, the media is expected to follow the line set by the corporates and the establishment. Of course, this does not mean to say that the media in the US is biased. Just that the forms of control are different and with corporate media houses ruling the roost, sponsors, and advertisers determine the agenda. This is the case in India largely thanks to the tradition of the press being an agent of change in the country.

The other aspect here is that all governments irrespective of whether they are democratically elected or authoritarian realize the importance of the media in the agenda setting function and hence use the media to their advantage. It is common to find media houses aligned to one political party or the other. This is the case in many countries around the world. The difference is the degree of manipulation that the establishment resorts to in each country.

Media as an Agent of Change

The previous section might have touched upon the negative aspects of the media and hence, this section is intended to bring out the other side of the story (no pun intended). Despite restrictions and censorship, mediapersons in many countries work tirelessly and courageously to report and publish according to their conscience and not according to the dictates of the establishment. With the advent of the internet and social media, it has become easy for journalists with a conscientious bent of mind to pursue their passion and ideals. Because of the fluid nature of the medium, the internet is harder to control and manipulate though there are cases where the establishment resorts to control over websites and the publications.

The Bottom Line Imperative

Considering the fact that mediapersons have to walk a tightrope between the establishment and their duty to the citizenry, the bottom line imperative ought to be fairness, truthfulness, and objectivity in their reporting. This can be done by ensuring that stories that are controversial are not killed or buried in the maze but instead, they are given the importance they deserve. Further, media houses ought to shun the temptations of power and perks and be neutral and unbiased in their reporting. This can be achieved if the mediapersons do not fall into the habit of receiving favors from the establishment and the corporates beyond a point.

Finally, it is simply not possible to have objectivity all the time as sponsorship and advertising revenue is the backbone of the media. Therefore, the aim should be to be as objective as possible and as independent as possible within the constraints. This is not a tall order and can be achieved with experience and a deep-rooted commitment to values instead of being driven by profits alone.

 

 

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Articales from http://www.managementstudyguide.com

 

 

Commercial Sales Methodologies are evolving at a slow pace

Yesterday, I attended a presentation about Sales Performance International’s (SPI  new “Solution Selling 2.0” program.

 

The one and only sales process does no longer exist

From what I heard, I think “Solution Selling 2.0” might help sellers to be more effective to help customers in their buying process. I found most interesting that the company, probably owning the most process oriented commercial sales methodology, had to concede that in today’s world, using one and only one sales process is no longer effective. I could not help to chuckle when I heard this. I had already written about the need for a multiple process approach in 2008.

Since then, others, such as McKinsey have shown that the customer buying process are different in function of customer loyalty (McKinsey Quarterly 2009 No2.) Also for quite some years, CSO insights consider that best in class companies have a dynamic sales process. Which to me indicates that also they consider that a one size fits all approach is no longer effective.

Implications for Sales Management

The need for several sales processes  increases complexity for sales management. It is no longer sufficient to inspect that the sales process is followed. Managers now need to be able to inspect that the most suitable process is followed. While the design of these different processes can be delegated (e.g. to sales operations), managers must be able to judge which process is the most suitable for a given buying situation. Universally applied criteria for the selection of the right process must be defined and applied.

The need for an outside-in view

To come to meaningful selection criteria for the appropriate sales process, a mapping to the customers buying process is fundamental. It is relatively simple to see if the customer buying process is considered in the sales process. I usually look how sales stages (the top level definition of a sales process) are labeled in the CRM system. If you do not find any terms reflecting the customer situation, then there is a high likelihood that your sales process is internally focused. You would be surprised how often you still find this situation in running CRM implementations. If you find yourself in this situation an effort must be made to understand the customer’s buying behavior (outside in) before even contemplating to move to a set of various sales processes.

Call for action

Moving towards various sales processes to be more responsive to different customer situations is a change management process. Sales Leaders and Mangers are the first targets who must adhere to this change. Are you as leaders and managers willing to make this effort?

 

A Skills Deficiency of Our Own Making

 

Four out of five companies worry they are not training as many salespeople on the skills they need

Companies are struggling to train as many salespeople as they want on the skills they need, but it’s partly a product of their own doing.

According to a new joint survey between my company, Corporate Visions and Sales & Marketing Management magazine, nearly 80 percent of companies say they are not able to train as much as they want primarily because of pressure not to take salespeople out of the field.

Ironically, when we asked “who is the primary decider of what training salespeople should get,” the No. 1 answer was “their manager.” In other words, the very same people who struggle to justify time out of the field.

Sound like a conflict of interest? That’s because it is one.

Faced with the contradictory pressures to drive the business or take time to hone their team’s skills, the majority of managers are opting to take a pass on the training, according to 56 percent of respondents. The next-highest reason for limiting training reach was budget constraints, which ranked a distant second at 37 percent.

Three big training challenges and possible solutions

Faced with this kind of pressure, senior sales management and training leaders need to reconsider their options when it comes to providing the necessary skills development. Here are three considerations in the form of challenges/solutions your company will need to wrestle with if you are struggling with this same dilemma:

Competency models tied to key performance indicators vs. generic roles and responsibilities curriculum

Custom learning paths vs. arbitrary learning paths

Flexible, just-in-time and online options vs. rigid, scheduled and classroom-only option

Competency model-driven training curriculum

According to Sirius Decisions, 70 to 80 percent of companies do not follow a competency-based training model, meaning there’s no standard set of skills that salespeople need to master, and no agreement about what level of proficiency they must show.

What’s a reasonable roadmap for developing a competency-based training program? One idea is to build a competency model around the three “value conversations” salespeople must master across the buying cycle. These value conversations are tied to the critical moments of truth in any deal cycle.

•   Pipeline (Create Value) – Provide training, practice and coaching on the ability to disrupt the status quo, convince a prospect or customer of the need to change, and then effectively differentiate from competitive alternatives to create more qualified opportunities.

•   Proposals (Elevate Value) – Provide skills development and tools to improve the ability of reps to connect external factors and key customer initiatives to your solution, and then build a meaningful business case that communicates value and passes muster with key executive decision makers.

•   Profits (Capture Value) – Provide concepts and techniques to make sure your reps don’t let value leak and margins suffer as the deal makes its way through the process and you confront the inevitable pricing pressures as you run the procurement gauntlet.

By ensuring reps are being trained, coached, measured and certified on these value conversation skills, you’ll improve the relevance of your curriculum relative to sales’ key performance indicators.

Custom learning paths based on performance indicators

With a competency model in place, you can now replace your outdated “arbitrary learning paths” with custom learning paths designed to up-skill salespeople in the areas they actually need, as opposed to relying on unreliable manager opinions or generic role- or tenure-based development plans.

Helping to make this easier is the fact that data is available from several sources, which can help determine each rep’s specific area of training needs. For example:

Helping to make this easier is the fact that data is available from several sources, which can help determine each rep’s specific area of training needs. For example:

•   You can look to your CRM system to find which reps are struggling to create pipeline sufficient to meet their quota.

•   You can see which reps tend to have deals and proposals get mired in the middle of pipeline because they struggle to get executive-level buy-in.

•   You can look at deal data to see which reps are the most unscrupulous about discounting and pricing.

Using these performance indicators, you can begin to assign the appropriate training to your reps, helping you address the areas of greatest concern. You can also consider behavioral outcome type assessments that help determine the skills gaps associated with each of the competencies in your model. Well-written surveys that include benchmark data for comparison to low and high performers can help you prioritize which reps need help in which areas.

Flexible learning modalities

Competency models and custom learning paths won’t help your reps unless you can get the right training to the right reps at the right time. As the survey revealed, time is the biggest enemy of a great training program. In traditional classroom learning, reps are often waiting to attend a scheduled class in a city near them that may be months out from when you have determined their need, only to have that date come and the rep’s manager decide they can’t leave the field (or, perhaps a travel freeze could keep them grounded in their home office).

Classroom training may still be perceived as the standard when it comes to driving behavioral change in the field. However, valuable as that format is, it will have zero impact if you can’t get reps into the classroom when they need it.

That’s why companies need virtual training formats that aim to replicate the training rigor of a classroom setting. This virtual format should be based on competency models, custom learning paths and situational learning modalities that improve reps’ performance without removing them from the field.

Evidently this is becoming more obvious to companies, with 65 percent of respondents indicating they plan to increase spending on virtual, modular training formats. Meanwhile, investment in instructor-led classroom training?—?perceived as the most effective in terms of driving behavior changes?—?is set to remain flat, according to the survey.

Clearly, there’s growing interest in virtual training, but the survey results suggest that the quality of the format hasn’t caught up to the demand. In fact, only 9 percent of respondents rated virtual training as the most effective for behavior change compared to classroom (45 percent) and manager-led coaching (39 percent).

But, given the choice between getting no training and getting some training?—?in particular, training that is tied to key competencies and customized to performance indicators, and can be pushed immediately?—?we may have reached a fundamental tipping point in the area of sales skills training.

Check out Corporate Visions’ State of the Conversation Report: “Beyond the Classroom,” to learn more about how these trends are driving significant changes in sales training.

 

 

door to door Marketing agent in Pune

door to door Marketing agent in mumbai

Interactive marketing , Advertising, direct marketing activation, display advertising,

Airports Activation, Brand Activations, B B Research

 

door to door Marketing agent in Pune

Face to Face Marketing and Door to Door Marketing 

Nothing beats the reality that one gets when you can interact with potential clients face to face physically moving from door to door within a community or household to household, face to face field marketing is also called personal selling or door to door marketing, customers are met directly in order to sell their products, using this method of field marketing we rely on our skills and persuasive abilities. During the period where we get to interact with the client face to face we get more chance to pass across edible information which would be useful to all our customers at that time and it’s also an opportunity for us to get feedback and to gauge your opinion about our business.

Marketing

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

 

marketing consultants in pune

Process is Everything to Hire Better, Faster, and Proactively

Process is Everything to Hire Better, Faster, and Proactively

Process has lots of benefits and every executive knows it. With that knowledge, almost every executive is disappointed with the final results of that process.

The problem is not that everyone is missing a hiring process, but that the hiring process is not aligned to the organizational needs.

This misses the target of driving optimal hiring results. To make any process improvements, overcoming legacy thinking is a real challenge.  Will you get candidates through headhunters, Post & Pray, employee referrals or other sourcing means?  I can’t think of one client who didn’t have a hiring process in place, however all of them were not achieving the outcomes they desired and acknowledged a need to modify their strategy which would improve their process and results.

It seems so logical that if you want to make progress, then adjust your strategy, people, tools, process, or systems.  But however logical it may sound, simple fear causes people to delay or forego an improvement.

We’ve found there is a basic foundation to hiring talent that when properly utilized, speed to hire and quality will improve by over 30%.  Here are 5 proven steps that need to be in place and will improve your confidence to hire better, faster, and consistently.

1. Strategy and Planning: Develop a 12 month Hiring Demand Matrix and stage gate hiring strategy, process and metrics.  You will need tools such as Job Descriptions/Profile, Candidate Screening Summaries, Key Competencies, Interview Guides (with ratings), and qualitative/quantitative comparisons that define what is great and what is good.

2. Sourcing: Sourcing Talent pools with highly effective tools that will vet and match candidates for current and future roles

3. Recruiting: build a contact strategy and structure to connect with talent, scripts/talking points that present highlights of the opportunity, and guidelines to match their skills and align their career goals with your company opportunity

4. Screening and Assessment: Screen candidates via 7-10 questions specific to the needs of your company for the role, cultural fit, career fit, and motivational fit. Utilize chosen assessment tools as another data point for decision making

5. Talent Pipelining: Proactively approach and build relationships with the Talent Pool that matches your future hiring needs.  This will give you a competitive advantage to hire better people faster.

Process drives consistency and by providing consistency in all aspects of hiring talent, there is more clarity in defining what you are looking for, how you will get there, and how to measure how you are doing throughout the process. Better process. Better performance.

Let’s set some expectations. This process rarely produces a six-sigma result. If you can move your results from a 50:50 result to a 60:40 result, you have made an enormous leap forward in the performance of your organization. Start with the number you are starting with, then make your estimate from there of your expectation.

 

 

Brand Name

Brand name is one of the brand elements which helps the customers to identify and differentiate one product from another. It should be chosen very carefully as it captures the key theme of a product in an efficient and economical manner. It can easily be noticed and its meaning can be stored and triggered in the memory instantly. Choice of a brand name requires a lot of research. Brand names are not necessarily associated with the product. For instance, brand names can be based on places (Air India, British Airways), animals or birds (Dove soap, Puma), people (Louise Phillips, Allen Solly). In some instances, the company name is used for all products (General Electric, LG).

Features of a Good Brand Name

A good brand name should have following characteristics:

1. It should be unique / distinctive (for instance- Kodak, Mustang)

2. It should be extendable.

3. It should be easy to pronounce, identified and memorized. (For instance-Tide)

4. It should give an idea about product’s qualities and benefits (For instance- Swift, Quickfix, Lipguard).

5. It should be easily convertible into foreign languages.

6. It should be capable of legal protection and registration.

7. It should suggest product/service category (For instance Newsweek).

8. It should indicate concrete qualities (For instance Firebird).

9. It should not portray bad/wrong meanings in other categories. (For instance NOVA is a poor name for a car to be sold in Spanish country, because in Spanish it means “doesn’t go”).

Process of Selecting a renowned and successful Brand Name

1. Define the objectives of branding in terms of six criterions – descriptive, suggestive, compound, classical, arbitrary and fanciful. It Is essential to recognize the role of brand within the corporate branding strategy and the relation of brand to other brand and products. It is also essential to understand the role of brand within entire marketing program as well as a detailed description of niche market must be considered.

2. Generation of multiple names – Any potential source of names can be used; organization, management and employees, current or potential customers, agencies and professional consultants.

3. Screening of names on the basis of branding objectives and marketing considerations so as to have a more synchronized list – The brand names must not have connotations, should be easily pronounceable, should meet the legal requirements etc.

4. Gathering more extensive details on each of the finalized names – There should be extensive international legal search done. These searches are at times done on a sequential basis because of the expense involved.

5. Conducting consumer research – Consumer research is often conducted so as to confirm management expectations as to the remembrance and meaningfulness of the brand names. The features of the product, its price and promotion may be shown to the consumers so that they understand the purpose of the brand name and the manner in which it will be used. Consumers can be shown actual 3-D packages as well as animated advertising or boards. Several samples of consumers must be surveyed depending on the niche market involved.

6. On the basis of the above steps, management can finalize the brand name that maximizes the organization’s branding and marketing objectives and then formally register the brand name.

 

 

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….

 

Articales from http://www.managementstudyguide.com

 

 

Are your Salespeople asking the right questions…….

 

to add value to the conversation with and informed self driven prospect.

Reading a contribution by Paul McCord to an interesting discussion on sales force ineffectiveness started by Dave Brock over at The Customer Collective, lead me to this question. I think it is a real challenge we have to become aware of and have to have answers to if we want salespeople to be able to continue bringing value to their interactions with such prospects. Bringing this value is key for the salesperson to build credibility and establish a relationship to generate sustainable revenue streams.

Most buying processes, today, start by a search on the net. This allows prospects to form an opinion about a product or service and its potential suppliers without needing the help of the salesperson. Before the Internet, salespeople were the gateway to this information. What is left now is the mistrust and fear from prospects to be manipulated by the sellers. Before they did not have the choice than engage with the salesperson anyway. Today, prospects are given means to form the opinion keeping the salesperson out of the loop until late in the buying process. .

As if this were not enough, new lead generation and lead nurturing tools, mostly operated by the marketing organizations, cause that the initial contact between the prospect and the salesperson is even later in the buying cycle.

When a sales person finally can establish contact with the prospect, this prospect is already very advanced in the decision process. Salespeople just wanting to close a deal, probably will even be happy about this. They run though the risk that they might become obsolete very soon, if all they do is taking the order. The number of purchases customers are able and willing to make via the Internet without direct human intervention from the seller is growing daily.

For purchases where the customer is not willing or able to make the purchasing decision without a salesperson’s help, we have to consider modifying the approach of needs analysis as it is taught today.

While a patient, seeing a doctor, will accept that the doctor goes through his/her diagnosis procedure despite the fact that the patient formed an own opinion about his/her state of health, a prospect having formed an opinion about a solution is very unlikely to accept the standard needs analysis procedure from a sales person. Such an analysis would be perceived as a waste of time. Studies done with buyers in the IT sector revealed that they already think salespeople are making the sales cycle too long compared to how they want to buy.

Why is it more difficult for a sales person to use the classical needs analysis scheme with an informed self driven prospect? Prospects rarely see a sales person as a trustworthy authority for where they seek help. Their impression will be reinforced by the fact that chances are high the salesperson will not be able to help immediately. Prospects will ask for help in their decision on a level where the salespersons first must consult with other functions within their organization. Salespeople risk giving the impression of ‘just being a conduit without much value added’.

Nevertheless, a salesperson seriously interested in building a relationship instead of closing a deal,has to make sure that the prospect has not formed any wrong perceptions about a certain offering. Purchases done on wrong perceptions will end up in customer dissatisfaction.

Guess who the customer is going to blame if this were to happen, the sales person. “He/she should have told me so that this offering does not fit my needs”. It is an irrational reaction. First the prospects mistrust salespersons and make it difficult for them to fulfill their role of a consultant. When expectations are not met, customers need somebody to blame. Ironically, they accuse the same person, that they before did not let do the job properly. We cannot change the customer. So we have to adapt the behavior of the salespeople.

The remedy, I suggest is to modify the questions we ask informed self driven prospects.

Using confirmation questions could be the way forward to provide value for interaction with such prospects. Why not start with something like “I assume you have set your mind on this solution X to help you improve your business in area Y.” I think few prospects would object being asked this type of question . It acknowledges the fact that the prospect is already far advanced in the decision process. It also signals that the sales person is focused on the customer’s business outcome and wants to make sure that the solution meets the prospect’s expectations in this respect.

For such an approach to work, we not only need to focus on the questioning technique used by the salesperson. Being able to ask this simple question requires, that the salesperson understands what business problem a particular offering solves.

Ask yourself where the salesperson can get this information within your organization? I would not be surprised if no place could be found where this is readily available. Salespeople, aware of the need for such information, will thus have made up their ideas by themselves. Leaving salespeople alone in this important task, creates the risk of ending up with unsatisfied customers. Sales people might have formed wrong perceptions for themselves and despite good intentions will end up perpetuating their wrong perceptions to their prospects. The customer will thus end up with unmet expectations.

Preparing salespeople to add value to informed and self directed prospects will require new approaches for sales enablement. Teaching people what a product does, how it compares to competition etc. is relevant because salespeople are expected to know more if they want to gain credibility with their prospects .But it is not sufficient. Sales people also and maybe first need to understand what business outcome a customer can expect from buying a certain offering. I consider it a task of marketing to create this understanding.

Successful sales enablement will thus start with marketing expanding their focus and understanding themselves as a service provider to the sales force. After all they were instrumental, with their websites, lead generation and -nurturing systems, creating the new environment salespeople have to live in.

 

 

door to door Marketing agent in Pune

door to door Marketing agent in mumbai

Interactive marketing , Advertising, direct marketing activation, display advertising,

Airports Activation, Brand Activations, B B Research

 

door to door sales agencies in Pune

Face to Face Marketing and Door to Door Marketing 

Nothing beats the reality that one gets when you can interact with potential clients face to face physically moving from door to door within a community or household to household, face to face field marketing is also called personal selling or door to door marketing, customers are met directly in order to sell their products, using this method of field marketing we rely on our skills and persuasive abilities. During the period where we get to interact with the client face to face we get more chance to pass across edible information which would be useful to all our customers at that time and it’s also an opportunity for us to get feedback and to gauge your opinion about our business.

Marketing

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

 

marketing job in pune

4 Tips for Leveraging Subject Matter Experts

4 Tips for Leveraging Subject Matter Experts

Guest Faculty Post by Jennifer Palus

Including a SME (subject matter expert) in your sales process is a very smart move. The SME has additional expertise and can often explain ideas with more depth and clarity than you can. The SME can help interpret your prospect’s business challenges and concern. You can often enable your expert to talk directly to the prospect’s expert in their own language.

Because a SME can relieve prospect fears and confirm client purchase decisions, they add to your credibility and are a valuable resource, if you prepare and use them correctly.

Tip #1. Give your SME context and a goal.

Preparing the SME is the salesperson’s responsibility. Don’t just hop in the car and assume they know what you need. A SME is an expert – but not in sales! – she needs to understand the players on the prospect’s side of the table and the role you want her to play. Explain the personalities and opinions, not just the org chart. For example, if you are hoping use your CFO to convert a resistant VP of Finance, make sure you provide context and the VP’s past objections. Most importantly, explain what “success” looks like for the SME, e.g., “If you can help Linda decide to sign off on the pilot program, that’s a win.”

Tip #2. Set guardrails for interaction with the prospect.

Sometimes a SME gets so excited to be part of a sales process that they talk a little too much or even try to negotiate the sale. Make sure your SME knows when and how to interact. For example, overtly explain how you will invite him to participate in the conversation during the sales call. (e.g., “Bob, can you speak to that question?”). Some salespeople use a subtle hand gesture or keyword to let the SME know when they need expert support. Or let him know it’s OK to jump in at any time, if that’s appropriate. One of the best ways to help your SME understand their role is to rehearse and role play ahead of time.

Tip #3. Listen to SME concerns.

Speaking of rehearsal, your SMEs may raise objections to sales pitch language. The SME may spot esoteric details that don’t really impact the sale (“The case study says we used the X4RT2 component, but it was the X4RS3.”). Or he may point out potentially damaging claims that should be corrected (“Your slide says 25% improvement but it was 21.7%”). You can get frustrated with their objections, or you can use them to your advantage to tighten your pitch. If a SME is uncomfortable with your “sales spin” that is usually a sign your prospect (or their experts) might be as well. Use the SME as your canary in a coal mine, and learn from their reactions and concerns.

Tip #4. Never trap your SME.

When you bring an expert with you, it’s a bad idea to place the SME in a position where she has to contradict you in front of the prospect. You may have heard the sales advice: Never ask a question if you don’t know the answer. That is especially true with SMEs. Subject matter experts are more interested in being accurate than in closing the sale. Don’t assume they will follow allow with your pitch improve on topics you haven’t discussed in advance.

Including SMEs in your sales process can often allow you to reach further and higher inside your prospect’s company. SMEs are valuable resources, but always remember it is your responsibility to prepare them and apply their expertise where you need it.

 

Sources of Brand Identity

1. SYMBOLS- Symbols help customers memorize organization’s products and services. They help us correlate positive attributes that bring us closer and make it convenient for us to purchase those products and services. Symbols emphasize our brand expectations and shape corporate images. Symbols become a key component of brand equity and help in differentiating the brand characteristics. Symbols are easier to memorize than the brand names as they are visual images. These can include logos, people, geometric shapes, cartoon images, anything. For instance, Marlboro has its famous cowboy, Pillsbury has its Poppin’ Fresh doughboy, Duracell has its bunny rabbit, Mc Donald has Ronald, Fed Ex has an arrow, and Nike’s swoosh. All these symbols help us remember the brands associated with them.

Brand symbols are strong means to attract attention and enhance brand personalities by making customers like them. It is feasible to learn the relationship between symbol and brand if the symbol is reflective/representative of the brand. For instance, the symbol of LG symbolize the world, future, youth, humanity, and technology. Also, it represents LG’s efforts to keep close relationships with their customers.

2. LOGOS- A logo is a unique graphic or symbol that represents a company, product, service, or other entity. It represents an organization very well and make the customers well-acquainted with the company. It is due to logo that customers form an image for the product/service in mind. Adidas’s “Three Stripes” is a famous brand identified by it’s corporate logo.

Features of a good logo are :

a. It should be simple.

b. It should be distinguished/unique. It should differentiate itself.

c. It should be functional so that it can be used widely.

d. It should be effective, i.e., it must have an impact on the intended audience.

e. It should be memorable.

f. It should be easily identifiable in full colours, limited colour palettes, or in black and white.

g. It should be a perfect reflection/representation of the organization.

h. It should be easy to correlate by the customers and should develop customers trust in the organization.

i. It should not loose it’s integrity when transferred on fabric or any other material.

j. It should portray company’s values, mission and objectives.

The elements of a logo are:

1. Logotype – It can be a simple or expanded name. Examples of logotypes including only the name are Kellogg’s, Hyatt, etc.

2. Icon – It is a name or visual symbol that communicates a market position. For example-LIC ’hands’, UTI ’kalash’.

3. Slogan – It is best way of conveying company’s message to the consumers. For instance- Nike’s slogan “Just Do It”.

3. TRADEMARKS- Trademark is a unique symbol, design, or any form of identification that helps people recognize a brand. A renowned brand has a popular trademark and that helps consumers purchase quality products. The goodwill of the dealer/maker of the product also enhances by use of trademark. Trademark totally indicates the commercial source of product/service. Trademark contribute in brand equity formation of a brand. Trademark name should be original. A trademark is chosen by the following symbols:

™ (denotes unregistered trademark, that is, a mark used to promote or brand goods);

SM (denotes unregistered service mark)

® (denotes registered trademark).

Registration of trademark is essential in some countries to give exclusive rights to it. Without adequate trademark protection, brand names can become legally declared generic. Generic names are never protectable as was the case with Vaseline, escalator and thermos.

Some guidelines for trademark protection are as follows:

i. Go for formal trademark registration.

ii. Never use trademark as a noun or verb. Always use it as an adjective.

iii. Use correct trademark spelling.

iv. Challenge each misuse of trademark, specifically by competitors in market.

v. Capitalize first letter of trademark. If a trademark appears in point, ensure that it stands out from surrounding text.

 

 

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….

 

Articales from http://www.managementstudyguide.com

 

 

Those Who Measure, Measure Rubbish

 

is the translation of a play on words in German: “Wer misst, misst Mist”. Physicist use it to remind themselves that not all what they measure can be taken as hard facts.

Sales managers might want to adhere to this caution as well. Especially in uncertain times, it is important to have confidence, that what is measured are facts helping them to navigate through the turbulences.

Sales performance measured with company results
As the role of a sales force is to generate revenue for a company, and it is furthermore easy to measure, it is a frequently observed practice to use revenue as the primary performance indicator of the sales force. Andris A.Zoltners, Prabhakant Sinha and Greggor A. Zoltners remind us in “The Complete Guide to Accelerating Sales Force Performance” that company results are not necessary good hard measures for managing salespeople. They refer to findings from their statistical studies , suggesting that the one-year impact on revenue of a sales force at the sales territory level is anywhere from 20 to 90 percent. Admittedly, the book was published in 2001. I believe however that, with the self directed customers empowered by the Internet, the situation is probably even worse today,. But this is not the only problem. Revenue is also not an adequate indicator to understand coaching needs of salespeople.

Revenue is a lagging indicator
Revenue is the outcome of the sales process. It is the result of actions that have happened in the past. If the results are not satisfactory, we have to modify the process. For knowing where the process fails, we need measurements along the process chain, not only at the output

The root cause for missing the number might be found several months in the past. Despite this, result oriented managers tend to try to manage this outcome. directly This also means that corrective actions to curb the trend might show results much later than the patience of a sales manager lasts. Many “improvement plans” imposed to an under performing salesperson are thus self fulfilling prophecies for failure if results on revenue level are expected in a shorter time frame than the average sales cycle length.

Derived productivity indicators might be misleading
Also derived productivity ratios like sales per head or quota attainment are not necessarily good productivity indicators for the salesperson. As indicated in a previous post, quota attainment might reflect more on the ability of the sales managers to set realistic targets than on the salesperson to make the expected number.

The same is true for sales per head; especially if the manager has fallen in the trap of the law of diminished returns. This can happen when managers follow the rule that “more feet on the street” will increase revenue. In a saturated territory, there is just not enough potential for the additionally assigned sales person to bring in the expected revenue increase. So again it is more a result of a management decision than the salesperson’s ability to sell.

Alternative Indicators from the sales formula
In 2000 at the first indication of the burst of the Internet bubble, I proposed to my then employer the first version of the sale equation, built from indicators than can be influenced directly by the sales force. The potential impact of the formula was not very well understood at the time. Today it is known as the sales velocity equation. As the equation in its original form lead to wrong interpretations, I have it now reformulated to:

Revenue = ∫((# of Opportunities*average deal size*conversion rate)/time in funnel)dt

Don’t let yourself be scared by the math. Essentially, what the formula says is that revenue is dependent on the number of opportunities in the funnel, the average deal size, the conversion rate and average the time it takes to get an opportunity through the funnel.

The attractiveness of these indicators lays in the fact, that when put properly into the context of the sales situation, they allow to detect on what salespeople need to be coached to improve their performance. I have built a whole sales management training curriculum around this formula. Here we have only room to illustrate the use with an example.

Take a salesperson with a lower average deal size compared to peers. Root causes for this might be lack of capabilities for up selling or heavy discounting. With this knowledge, targeted coaching can take place instead of just pounding on the table and ask for more revenue. Also training initiatives become more targeted and outcomes become measurable.

Especially in tough market conditions, the conversion rate is probably the most effective parameter to focus on. Some experts go so far as to say that managing the conversion rate is the primary task of a sales manager. The conversion rate is also particularly important in complex sales situations as it is an effectiveness indicator. In view of this, I am always surprised how few managers, of those asking me for help to increase the productivity of their sales force, actually know their conversion rate on an overall level, let alone between stages of their sales process.

Conclusion
Performance improvement will have to start with the mindset of sales managers. Especially those believing that “only what can be measured can be managed” should accept that “not all that can be measured can be managed”. Eventually they will have to accept, that sales forces cannot be managed by spread sheets especially if they are full of revenue dependent ratios as sophisticated as they might be.

 

 

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