Archive for Sales

Cold Calling 2.0?

Saturday, February 6th, 2010

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!

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How Do You Gather Customer Feedback?

Friday, February 5th, 2010

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.

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Reorder Your LinkedIn Profile Elements

Wednesday, February 3rd, 2010

“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.

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Fear or Just Ignorance?

Thursday, January 7th, 2010

p_005An Atlanta executive who ought to know better (psst, not the guy to the left!) is now informing his business community that social media is worthless. He believes no results are likely to be had, and he smugly insists that the social web and all that it implies is a passing fad guaranteed to fade into the night.

Hum…

Not only does this executive do disservice to himself, what about his clients? These are the business leaders who rely on his vast knowledge, experience and future vision. Not just because they trust him, but because they pay him. That’s his job. Provide time crunched business owners with the resources, counsel and tools they need to succeed with their business – today and tomorrow.

That’s the rub really…people who dismiss what they don’t understand. These folks are part of the “it didn’t work for me, so it can’t work for anybody” club. That’s a real shame.

Here’s the deal…social media provides leverage that all businesses can capitalize on. With the right strategy as the underpinning, the time you invest in putting your social media plan into action will more than give you the return on investment you want.

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Categories : Business, Sales, Social Media
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