Archive for February, 2010

SoCon10 Highlights

Last month’s social media conference aptly dubbed SoCon10 was quite a hit. It was the 2nd year that I’ve attended, and I found the presentations focused and relevant. There was much more focus on things like…you know…ROI. Check out the video to see what the fun was all about.

Resurrecting 3 Words

At the first of this year, I blogged about my respect for the approach that Chris Brogan takes with setting new goals. Tried his approach myself in 2009…I was pretty pleased with the results. Naturally, I wanted to challenge myself with Chris’ process again in 2010, which I did (and have), but I also said that I would be back in a few days to share with you my three words for the new year with you on my blog. I missed my deadline. I’m back now, and I’ll share my “key 3″ in just a minute.

Before I do…

As I climbed the sales ranks while still working in corporate America, I was conditioned to keep business and personal separate. Don’t discuss things like politics or religion or any other controversial subject for that matter. Don’t want to risk offending your buyer.  It’s that same conditioning that leads companies to fear social networking, blogs and the like. Understandable. You don’t want your employees to “blurt” anything and everything out there on the world wide web. It stays there. Forever. That’s why guidelines must be established, training given and appropriate management oversight put in place to ensure that employees don’t go to far off the corporate reservation.

And…

If 2009 taught us anything, it’s that we must bring transparency, openness and trust back into our working relationships. In short, we need to be more human with each other. It’s OK to share what motivates you or knocks you down in life. That’s all part of being human. And that leads me to the reason why I disappeared for just a bit.

You see, nine months after her Alzheimer’s diagnosis, my mother died on January 12, 2010. Though I knew it was coming, I was still knocked down. I had no clue what Alzheimer’s was really about before this happened. Perhaps, you don’t either. What I know now (and really wish that I didn’t!) is that the disease afflicts everyone involved. Frustrating, confusing and agonizing for the patient. About the same for the family members involved. The health and quality of life of many Alzheimer’s patients deteriorates over a period of years – not months. In that way, Mom was lucky. She isn’t suffering any longer.

The Alzheimer’s Association, which envisions a world without the disease shares a few statistics on their website, which might give you some sense of the disease’s magnitude:

  • As many as 5.3 million people in the United States are living with Alzheimer’s.
  • Alzheimer’s and dementia triple healthcare costs for Americans age 65 and older.
  • Every 70 seconds, someone develops Alzheimer’s.
  • Alzheimer’s is the seventh-leading cause of death.
  • The direct and indirect costs of Alzheimer’s and other dementias to Medicare, Medicaid and businesses amount to more than $148 billion each year.

I pondered whether I would share this personal side of my life with you. In the end, I decided that it was OK. Tough things happen in our lives, which can sometimes knock the wind right out of our sails. People around us cannot help us or support us if they don’t know we need the help!

Finally, about those 3 words. My key 3 in 2010 are: Charioteer, Marksman and Physical.

  • Charioteer- like the Charioteer at Delphi, I holds the reins of success in my own 2 hands.
  • Marksman - this is about precision, practice, patience and teamwork.
  • Physical - reminds me to get outside to connect with mother earth and exercise daily. Good health is a gift!

Cold Calling 2.0?

Since the early days of John Patterson and his NCR sales playbook, “cold calling” seems to be ingrained in the collective sales consciousness as an expected part of the sales process. I still wonder why. Come on. Cold calling doesn’t work (it never has, and I don’t care what that last sales trainer told you).

This ridiculous notion of “dialing for dollars” is so yesterday. Sales people resist cold calling like the plague and with good reason. At some level, they know it doesn’t make any sense to call a stranger and expect them to buy within seconds of receiving their call no matter how charming they may be. Old school sales thinking is that you just call enough numbers and eventually somebody buys. What a waste of time and energy! Not to mention how potential buyers detest this approach. They don’t appreciate your rambling, inarticulate, blathering feature dumps and the evident randomness of the call. As a business owner, I can relate. Maybe I’ll create an audio book one of these days with the “best of the worst” phone calls that I’ve ever received. I save them. Hilarious and painfully sad at the same time. Hint: if you have to cold call then at least do some remedial homework. Make sure I’m in the market for what you sell. Everyone is NOT your customer!

Get over the notion of cold calling. Nobody likes it, it doesn’t work. Instead, what about using social media/social networks, email, Twitter, Facebook, referrals and the like to start paving the way for a great relationship? There is just NO excuse anymore for sales management to think that “dialing for dollars” has much chance at success. Instead, invest time in learning to use social media to augment and extend your sales reach. Insist that your sales people use social tools and social networks to begin conversations that will lead to finding common ground and getting to know each other. Then, when you do reach out to secure that sales appointment there will be nothing cold about it!

How Do You Gather Customer Feedback?

Ironic isn’t it? We live and work in a digital age, and the discourse about the power of social media to communicate with potential buyers and current customers in more effective ways reached deafening proportions in 2009. Yet a current poll running over on LinkedIn shows that 46% of the respondents thus far still think that the most effective way to gather customer feedback is in direct, face-to-face meetings. Hum… me thinks there is a disconnect.

Your customers and potential customers are sharing a wealth of information and insight about what they want – online. In 3 easy steps, here’s how you can begin to capitalize on the wealth of opportunity staring you in the face.

  1. Determine where your current customer (or prospect) is likely to “participate” online. Don’t assume they are using Facebook or Twitter or any other social technology people tell you is the hot thing. Put your thinking cap on. Consider the demographics of your audience. What do you know about them now that can help you identify where they travel in the online space. EXAMPLE: Your customer is the VP of Sales in technology and telecommunications companies. What does he/she care about? What challenges are top of mind? In what forums or groups are they talking about what they need or wish vendors provided?
  2. Listen to what is being said. Now that you know where your customers live…listen to what they are talking about. What questions are they asking? How are they gathering feedback about products and services on the market? Don’t show up in a group and start pitching your wares. Take the time to listen.
  3. Engage them in dialog. Ask relevant questions and don’t argue the answers. Defending your turf  only looks and sounds self serving. Your goal is to set your agenda aside. How else can you really understand what is important to your most valuable asset – your customer? Use what you learn to innovate your products and services and build stronger loyalty with your customer base.

It’s hard to know what that 46% was thinking when they answered the question posed in the poll, but it seems certain they may be missing the entire point and opportunity that social media represents.

Reorder Your LinkedIn Profile Elements

“The ability to reorder the sections on your profile is just the first of a huge number of enhancements that are coming to your LinkedIn profile in the upcoming months”, says Aaron Bronzan on the LinkedIn Blog.

I played around with the ability to move sections of my LinkedIn profile and it seemed pretty easy to customize your profile to suit your needs. That being said, I did notice that moving things around goofed up my Twitter feed, which then took me a couple of tries to get it back working again. Experiment with the changes…it definitely gives you the ability to personalize your brand.