Archive for the ‘sales 2.0’ Category

Thanks is an Important Follow-Up Strategy

Tuesday, September 23rd, 2008

Saying thank you is a key part of your follow-up marketing strategies. Send a hand-written note, a short email or pick up the phone and express your thanks quickly and sincerely.

Everyone loves to be appreciated and it goes a long way in fostering a good relationship. Don’t forget you can always send a small token appreciation as well, such as a magazine, movie tickets, online gift card - use your imagination!

Here are some instances where you could be expressing a heartfelt thank you:

referral

  • say thanks to the person who gave you the referral, right after you’ve spoken or met with referred person, even if no business immediately comes out of it. If you do end up getting a new client from the referral, then send another quick note thanking the referring person again.

someone gives you a great piece of information

  • always show your appreciation for anything useful (ie. a person’s name, a link, book, article) someone passes along your way - it shows they were thinking of you and a thank you shows them the same consideration

testimonial

  • always thank people for taking the time to provide a testimonial - they’re willing to publicly endorse you, so the least you can do is tell them how much you appreciate it

someone compliments you

  • if someone gives you a great compliment, acknowledge it and return the gesture to them if you can

when you get a new client

  • your hand-written note will make them feel confident about engaging you and assures them they’ve made a smart decision

when a project, program or service ends

  • a sincere thank you at the end of your “time” together expresses your appreciation and also increases the chances that they will engage your services again

Start taking advantage of opportunities to say thanks to people you encounter in your business life and you’ll start reaping the monetary and emotional satisfaction that will occur!

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Why Sales and Marketing Don’t Speak the Same Language

Tuesday, August 5th, 2008

Webster’s Dictionary has been a tool used by many generations, now of course one of many options available online. It’s very much a democratic concept—words defined in the same way for all to employ. Yet, when it comes to marketing and sales, a common definition becomes very elusive. Or more accurately, the word, “lead,” employed by each discipline is dramatically different.

In many companies, sales and marketing work in silos, and when they do meet, they collide. To a marketing person, a “lead” is a name and phone number of a prospect, who based on their profile, is a potential buyer. To a salesperson, a lead is a targeted title at a targeted company with an expressed desire to buy from the company.

Therein lies a huge challenge.

A marketer develops campaigns designed to reach out to those potential buyers; most typically with a call to action. If a potential buyer (prospect) responds to that call to action, marketing calls this a “lead” and counts this as a feather in their cap. After all, marketers take a holistic approach to their craft. They are chartered with “making the phone ring” and use different mechanisms such as direct mail, email campaigns, trade shows, seminars, etc. to do so. Marketers measure success by “hits,” attendees, inquiries, etc., then try to equate a Return on Investment (ROI) to such metrics. Typically, this ROI is based on sales pipeline or projected sales which may take months or even years to materialize. While there is value in these marketing initiatives, quantification of value is in the eyes of the beholder.

Sales people are much more tactical and only focused on the numbers that really count—compensation for their efforts. In most organizations, sales people view leads much differently than marketing. They view them as opportunities to close business in a defined (the shorter the better) time period. A lead needs to be qualified.

The problem is in the definition of a “lead” and the definition of “qualified.”

You have two groups of people with different backgrounds, different objectives, and different definitions. In order to function properly, these two groups need to communicate more effectively. They need to share a common lexicon, a common dictionary, and a co-dependent level of accountability.

Of the two groups, marketing is more likely to have the advanced educational degree, work in the corporate office and be focused on metrics one or two steps removed from the heart of the sales cycle. They view leads as opportunities and the more the better.

Sales is much more primal. They think: “Is someone ready, willing and able to buy my product now?” These are relationship people and risk takers who are more likely to have been the quarterback on the football team or the captain of the baseball team. They are in the field and work directly with the customer.

Because of where they come from and how they are measured, a rift is inevitable. Marketing creates all this great activity and thinks “these dumb jocks cant sell their way out of a paper bag.” Sales looks at marketing and says “these poindexters wouldn’t know a good lead if their life depended up it.”

However, the common ground is that both sales and marketing need results to survive and prosper. They each need to contribute to corporate objectives, but take very different paths to get there, with many collisions along the way.

The Emergence of Translator

Recently, some open minded companies have begun to address this issue. These organizations bring in third parties to provide the common definitions between sales and marketing. More importantly, they bring in the associated processes that leverage the strengths and core competencies of each side. Sometimes these third parties introduce enabling tools and methodologies. Other times they provide outsourced services.

To succeed, these companies need to employ proven and repeatable methodologies that work with both marketing and sales to accomplish goals. Taking marketing’s strategies, these third parties create messages that position the company’s products and services in the context of the prospect’s needs. They identify the correct decision-maker or influencer within the organization and know how to gain the necessary time and attention of this potential executive sponsor to create consistent and repeated meaningful business conversations with this coveted audience.

Employing a campaign approach, these outside firms communicate key messages as they turn suspects into prospects and move them down the sales funnel. The net result—a sales funnel filled with qualified leads that understand the offering and want to hear more. A streamlined sales cycle that results in more sales, faster. By doing all the prep work before the salesperson makes that initial call, these firms leverage the time and talent of the best purveyors of a companies’ value proposition – their frontline sales people.

Marketers are freed up to understand their buyers better, pursue newer and better tactics, and measure their efforts. Sales has more time to do what they do best and that is to manage sales cycles and close deals. When sales closes more deals and marketing has the data to refine strategies and campaigns, goals are met and commissions and bonuses are paid. When this all comes together it is amazing how the language barrier is not a barrier after all.

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Public Relations: “There’s a camera crew in my lobby…quick: hit pause and rewind.”

Wednesday, July 30th, 2008

It’s happened many times before …and it can easily happen to you too. You get the call that KWHOever is in the lobby with a camera crew wanting to know your company’s response to [insert crisis name]. You’ve got 60 seconds to figure out what to do before the camera goes live…don’t you just wish you’d DVR’d the situation so you can press rewind to grab more time to get ready before you go live?

One of the best responses to a crisis is doing something before it happens. You think it won’t or can’t happen? Think again. If you can imagine it, then it probably will. So what do you do? Get ready before you have to GET READY!!! Here’s how:

Prep the Scouts: Your employees know what’s going on in the trenches. Train them to tell you if they’ve sniffed out a potential crisis or issue of concern before it happens.

Don’t stop talking: Keep regular contact with your company leaders to let them know if there’s a possibility that something bad might happen. That way, you can start to put a plan into action to prepare.

Train the Infantry: Keep your employees informed about what’s going on with the company…good and bad. Not only will you inspire loyalty and trust, but your employees become a great, first line of defense should the media come calling.

Understand, reporters are a creative bunch and will do anything to get the story. I’ve had them stand in a parking lot to catch employees walking to their cars. Not a big deal…IF they know what to say. That’s why keeping them informed is so important.

Cozy up to them before its cold: Keep up relationships with reporters who follow your industry. Strong relationships with the media during a non-crisis time pay off when the heat is on.

Okay…so back to our story. What the heck do you do once the story’s on a roll? What actions can you take after the tape starts rolling? Here’s some things to think about:

It’s a wrap…or is it? Keep in touch with the reporter even if it seems like it’s over. Just because the story is a “wrap,” doesn’t mean it’s a wrap. Monitor how its going and don’t be afraid to call the reporter on the carpet if its not accurate.

Don’t speculate

It is just as important to provide accurate information as it is to act quickly. When researching questions for public release, it is imperative to stick with known facts and don’t feel pressured. The pressure to answer is a dangerous practice and gives rise to speculation. It is true that reporters will be pressing for answers; however, what’s more important is providing factual information.

Play Nice

During a crisis, messaging and communications to any audience should be compassionate to those that may have been affected.

A crisis is a very chaotic time and will create a period of confusion and second-guessing. Remember, everyone is dealing with a difficult time and intangible elements begin to pop up. Just remember, this is a time to show empathy as well as leadership.

Take control

Depending on the situation, the media may try to make a bigger story out of something that really isn’t. Make sure they have the facts right before making the issue to be something bigger than it really is.

If you have to answer

What’s the best thing to do? Take a deep breath and slow things down. Remember the story will be told whether you want it to or not…if you don’t talk, then the reporter will find someone who will. Find out exactly what they’re asking for and let them know you’ll track down answers. This will slow them down and give you time to react appropriately.

If you handle it with honesty and poise, the reporter, and the public, will remember that when times got tough, you handled it like a champ. Then and only then it might be time to set your DVR.

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How to create sales with a Value Proposition

Friday, July 25th, 2008

I work with many business owners and selling professionals. When I ask them what they do they immediately rush into their title. Each states, “I am the President of a Bank”, “I am a Consultant”, “and I am a Professional Speaker”. If I were a client and heard this I immediately state, “So What”? Professionals today refrain from their titles and occupations in the service business and speak with the reply to “So What”? The method for doing so is known as a Value Proposition.

What is a Value Proposition? Simply put, a value proposition is a pithy statement that promotes the business to clients using outcome and results. This brief statement denotes the benefit(s) that a client receives from working with you. It is outcome based and focuses all attention on client outcomes not process, method or anything further.

Most companies lack a useful value proposition. Research illustrates that many firms (93%) focus on process and not client outcomes. Exemplars include:

- We provide sales training.

- Our assessments assist with personality profiling.

- We analyze your issues with a needs assessment.

- Our model incorporates organizational redesign and leadership development.

These are not value propositions. While they indicate factual information about the organization; they do nothing else but focus on the organization. The entire purpose of a value proposition is to focus on sole benefit to the client.

Why have a value proposition? The proliferation of both the Internet and small business has created a conundrum of noise and activity around clients. That said it is vital for your services to be heard. Organizations today require focus on two complicated issues productivity and profitability- your mission is to create a succinct message that addresses these concerns to the decision maker.

Be mindful, this is not an elevator speech. The value proposition succinctly addresses the concern. Dependent the offered results the statement might also help with brand! A perfect example is FedEx- absolutely guaranteed to be there overnight. Not only is this one of the most powerful value propositions in the world but one of the best brands.

There are other reasons for writing a value proposition:

- Distinguishes you from the competition.

- Distinguishes you and the organization in distinctive markets.

- Provides a better source of lead generation.

- Accomplishes quicker time to market.

- Enables selling professionals to expediently get in front of decision makers.

What methods can I use to develop one? This tool contains no more than 10 to 15 words featuring as many adjectives as possible. Value propositions have these characteristics:

• Focus on what the buyer gets, it is outcome based

• Results focused that uses colorful words to gain the attention

• General in that the statement can appeal to any industry dependent on need


Here is an example to develop a value proposition:

1. A poor value proposition:

- We help create a fit individual

2. A good value proposition

- We have a 7-Step program for better abdominals

3. A great value proposition

- We dramatically accelerate results that match your individual fitness desires

How can an organization or individual develop a value proposition? The concept for developing a statement is not difficult to achieve yet takes patience. It is vital to look at the organization from a customer or competitive view.

Questions to answer are:

1. “What does your organization do that from a benefit and results perspective stands head and shoulders above any competitive pressure”?

2. What results to clients achieve with you?

3. What is the organization extremely passionate for in meeting client’s needs?

4. What are your core values that provide results to clients?

5. What an individual or organizational values, stated and/or implied provide value to clients?

6. How does the organization minimize client risk and provide a return on investment?

These are only a few of the many questions that can be asked to begin crafting a message. Do not expect to obtain a statement overnight yet do not belabor it either. Too many organization spend countless hours on mission, vision and values yet the organizational culture does not exemplify the creed or shamefully do not understand it. However, if you desire better results for your sales and marketing efforts it is best to begin with asking questions focused on client value and return on investment- to the client. If you cannot gain the answers the best source, your clients! Testimonials and case studies are great examples of value. Take their statements and simply develop them into benefit-based sentences.

It is imperative to understand that no magic formula exists for the creation of a value proposition. Further, it is an often overlooked and underutilized tool. And, organizations typically confuse mission and vision statements with this benefit based phrases. However, when researched, reviewed and required, these thought provoking statements might assist your organization to break away from the pack. The drafting of an articulate message might be split second differentiator between a cursory review of your competitor’s brochure or phone call and yours. Craft a new message, speak of value and results and watch the gap widen.

About Drew Stevens PhD

Drew Stevens PhD is known as the Sales Strategist. Drew assists organizations to dramatically accelerate business growth. He is the author of seven books including Split Second Selling and Split Second Customer Service and Little Book of Hope and is frequently called on the media for his expertise. Drew was recently nominated as one of 50 Top Sales Experts. Download a FREE copy of Drew’s White Paper on “Selling Effectiveness” or “Business Building” e-book at www.gettingtothefinishline.com.


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Sales Pipeline Done Right - “Focus” a great tool for bootstrappers

Thursday, July 24th, 2008

Sales are the life blood of any company. Especially in the early stages, a startup business must sell in order to survive. The primary responsibility of its founders is to deliver growth and increased revenues in order to reach profitability.

Some companies succeed even with slower growth, while others struggle while making faster revenue gains. The reason for this is predictability - the founders achieve what they say they are going to achieve.

When predictability is so highly valued, making more money than forecast may be perceived as being as bad as not reaching stated targets. Companies often increase their forecasts if they are having a better year than expected because they don’t want their year-end figures to be higher than predicted. Conversely, organizations also downgrade their forecasts if things are not going as well as expected. Basically, the executives of the company need to demonstrate that they are in control. This is no different to sales people: they must also demonstrate control over their forecasts.

Each month and, more importantly, towards the end of the quarter, the sales professional puts forward his or her best guess as to where he or she will be in relation to their target when the quarter ends. As part of this prediction they may well also name one or two deals that they believe are crucial to them. These are often, if not always, the largest deals they have.

The data is then taken from the corporate pipeline and fed to the sales manager, who will manipulate it and feed it to the sales director or VP of sales. In turn, the head of sales will manipulate it further and feed the data, as a forecast, to the CFO and CEO. If it is going to be a bad quarter, they’ll be told so.

However, thanks to a chain of manipulation and wishful thinking, the figures at this stage will appear less grim than they really are. This allows the VP of sales to explain that with a fair wind they should just be able to turn it around and make the number.

The psychology of what’s happening is simple. People want to keep their jobs and believe that admitting that they’ll miss their quarterly target is not the best way to do that.

Sales professionals need tools to help them to do their job. Unfortunately, the tools supplied by a company are often for the benefit of the company itself and not to the individual’s advantage. Even then, the tools are rarely fit for purpose and most will not be able to adapt to taking a checks & balance approach.

For instance, the pipeline is used as a management tool to make sure there are enough deals in the right places to meet target. In other words it becomes a reporting tool. These reporting tools are often misguided in their approach to the problem.

A pipeline’s primary purpose is to show you are in control. It gives you the ability to predict the outcome, even if that outcome actually falls short of your sales target. Prediction is only successful when it’s accurate. If you say you’re going to come out at 100% and you come out at 110% that’s not good. It may be good in revenue terms but it’s not an accurate prediction.

Introducing Focus from First Border! Focus is a visual opportunity manager that’s easy to use and even quicker to set up. In a matter of minutes you can input the deals you’re working on now and see how closing them will affect your sales commission. It was made for all for us bootstrappers with limited resources; a copy of Focus is about $200.

Better still, it’s built to let you drag and drop deals within the application to show you how winning or losing any specific deal will affect your target and the resulting commission. With a series of grids that show you immediately the status of each opportunity, you know at a glance which deals are the important ones to work on to make your number and which deals you don’t have a chance of winning. Now you can save valuable time and put more energy into winning those deals that really matter.

The result? More accurate forecasting and maximized sales.

Focus is for those in sales who maintain a portfolio of sales prospects and who would like to simplify the challenge of managing the different priorities presented by the complexity of opportunities.

Focus is a personal sales productivity tool that provides a simple, quick and easy way to help focus on and manage the right opportunities at the right time in order to maximise sales and earnings.

Unlike the traditional corporate tools that are designed to provide benefit to the company, Focus delivers benefit directly to the sales professional.

The simplicity of Focus is the visual way in which the opportunities are managed through the buying process. You can see at a glance the status of your business.

Focus: Dashboard - Visual Performance Indicator

The Dashboard changes when deals are moved. This provides immediate visual and numeric status of performance against target and commission for both the current and potential outcome. If you drag a deal into or out of the forecast you will immediately see the impact it has on achieving target and commission earnings. Scenario planning couldn’t be easier.

Focus has minimum data requirements! Quick and easy updates

The only information required to enter a deal is the customer name and the date the deal is likely to close. All other information is optional. Typically, most people can input all their leads and opportunities in less than 10 minutes. New opportunities can be added in seconds.

If you enter the value of the deal you can use the Dashboard to immediately see the impact that deal has on the outcome of your sales period. Also, further information can be added at any time, but only add further information to those deals that are important. Therefore, maintaining Focus is quick and easy.

Drag & Drop for quick and easy updates

Once a deal is in it is moved between grids by Drag & Drop… making it very quick and easy to move deals around.
Deal Information and Plans - For total control

Focus allows you to maintain full Deal Information and Plans for all your important deals. Qualification questions are built in and work on a traffic-light system for quick visual representation of qualification risk.

Deal Plans help you think through the opportunity by developing a series of questions that need answering. These questions help you progress the deal by highlighting your risk of losing due to lack of knowledge of the deal. By finding answers to the questions you make the deal more robust and increase your chance of winning. Deal plans also make it easy to communicate the status of the deal to others.

Reports - for easy sharing

Focus provides a series of standard reports for sharing of information. The reports can be saved in various formats allowing further changes to be made or adding the information to other documents very easy.

Filters - for easy review & sharing

Focus allows you to filter all opportunities across various criteria. You can filter by Customer, Private or Public deals, Partners, Co-Workers, Teams, Sectors, Close Dates and Sales Periods.

You can also see all the opportunities and with their corresponding deal plans. You may also wish to set up lead generation labels as Teams. You can then view your opportunities by lead generation source and share the progress of these leads.

This is just is just a starting point of all of the things Focus can do. For more go to firstborder.com and read more under products.

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How Do You Define “Lead”?

Friday, July 18th, 2008

Lead. Just say the word at a gathering of your company’s sales and marketing executives and you’re likely to re-open the debate that still sparks heated discussion. What is a lead? Sales executives have one definition. Marketing executives have another. If you’re really brave, try to get the group to agree on a definition for a qualified lead. Good luck!

Regardless of definition, both groups agree that leads - especially good, targeted, qualified leads - are a good thing. So, what is a lead?

At its most basic level, a sales lead is the first stage of the sales process and represents the identity of a person or entity who has expressed an interest in either addressing the underlying business issue which your product or service addresses and/or your specific product or service.

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While that definition is technically accurate, the proper definition of a lead is whatever best suits you and your company. It’s more important that you agree on a definition than the definition itself. Once you agree on the basic meaning of lead, you’ll want to create variations - such as targeted lead or qualified lead.

Let’s use the definition above and add some qualifiers.

A Targeted Lead is a sales lead (as defined above) from a company that resides in your target market. For example, if your solution only delivers significant value for companies between $250M and $5B in revenue and the company expressing an interest has only $5M in sales, then the lead is not a targeted lead.

A Qualified Lead is a sales lead from someone in a targeted account with the proper role who has expressed a well-considered interest in your solution AND acknowledges elements of BANT (Budget, Authority, Need and/or Timetable) with respect to the business issue your solution addresses or your specific products/services. In other words, a qualified lead is from the right person in the right company with the right problem and the desire and ability to evaluate your solution.

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How to Give Value to Your Prospects

Wednesday, July 16th, 2008

I talked in a previous blog posting about the importance utilizing “pull” marketing, which is simply drawing people into your business by ensuring you constantly provide value to them.

Sounds good, but how are you supposed to provide value to your prospects and your clients?

The best way is with content rich material - which is just a fancy term for information-packed material that your prospects want and need.

Some examples are:

* an interesting news article photocopied or scanned and sent to them
* free reports available via your website or links provided in an email
* ezine or newsletter
* access to downloads on your website
* links to interesting studies or articles
* how-to lists, tips & tricks and top 10 lists
* new book titles
* information about applicable workshops or seminars (don’t have to be yours)

There are many, many different ways you can offer valuable information to people. You can help them learn to view you and your company as an important resource for them - someone who shares what they know (and others know) with them.

Providing value also extends to your email marketing. Obviously the purpose of some of your follow-up material will be to pass along information such as sale dates or workshop registration details, etc.

But you should strive to have the majority of your marketing emails to prospective and current customers to be of some value to them and their needs - whether you’re targeting consumers or businesses.

Let me give you a couple examples.

If you are a tax consultant, instead of sending out an email letting people know of the tax return due dates, why not send out an email that lists some of the most-overlooked exemptions (personal or business - depending on your client base) they could claim. You could be seen as someone who cares about making sure people are educated about overlooked money on their taxes.

Or you may run a health and wellness store. You could send out an email to people on your customer list 3 -4 times a year, outlining what nutrients and vitamins people’s bodies most need or lack during specific seasons (ie. vitamin D in winter). You’re not overtly selling them anything, just letting them know some important health information.

Take a look around your business and take note of all the material and information you have (on your shelves, in your filing cabinets, in your head) regarding your company, product or services, and the market you serve.

Quickly jot down 5 ideas or ways that you can make this valuable stuff available to your prospects and your clients and then get it up on your website, put it in an email or ezine, post it on your counter.

Start positioning yourself as someone who is valuable and shares valuable information…then watch your number of leads and customers start climbing.

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Top 12 Actions to Increase Online Visibility for Executives

Monday, June 30th, 2008

Karen Armon of www.marketoneexecutive.com has a new book just released on the 9th of June. She presented last night to our Colorado FENG chapter a presentation called Market Your Potential, Not Your Past. I had some dialogue about online visibility with several people afterwards.

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As a co-chair of the local Financial Executive’s Networking Group chapter, I felt some elaboration might benefit my friends on Resource Nation.

Google yourself. Put your name in quotes, e.g. “marty koenig” so it searches on the whole phrase. I get 491 hits, and 6 of the 10 the top organic search responses are me on the first page.

Page 1 6/10 (my LinkedIn profile is at the top this morning)
Page 2 8/10
Page 3 3/10
Page 4 6/10
Page 5 4/10

54% of 5 pages of search results are yours truly. Not bad. What do you think a potential client/customer/vendor/employer perceives when they google someone with results like mine and looks at some of the pages? It’s not hard to get a pretty quick read.

Next I try “marty koenig” denver with these results:

39 hits. Not a rock star, but hey, I’m THERE.

Page 1 10/10
Page 2 9/10
Page 3 10/10
Page 4 6/9

90% of search results are yours truly. If I search on Martin Koenig, I get around 2% return on the first 5 pages, and over total 20K hits. That’s why I use Marty Koenig because there are fewer competitors for search results.

Summary of interesting findings….use these as examples for you to pump up your googleness:

So, why should you care if you have online hits in your name?

What does a new customer think when they google you, especially if you don’t show up on the first three pages? What does an angel investor or VC think? What does the hedge fund manager or private equity investor think of you, after you set up an appointment with him and he googles you? If you are competing for a contract against another firm, and the other CEO has a 50% hit rate, who’s going to be perceived a better executive? Who would you want to do business with? Are you portraying a “Luxury” vs. “Commodity” Viewpoint? (Karen’s words). Are you pursuing an Active Marketing Strategy? Do you have a National Presence? If your name is “John Smith”, you’re not going to be so distinct. (over 6 million hits). So try “John A. Smith” denver. If you have a common name, like Bruce M. Allen indicated to me last night in our conversation, you have to have more content out there with your name on it, to increase the likelihood of the search results actually being your content.

Your next customer or investor or employee or vendor will google your name and your company. Have you done that lately?

In line with Karen Armon’s 12 Desired Executive Capabilities, here are my Top 12 items to make you more visible online. Make these part of your system and you’ll enhance your ability to Market Your Potential.

  1. Do some research like above, and see what your best signature should be for the largest, fastest growth trajectory on results. If you are Jane Gould, you might consider using Jane M. Gould in all your online content. If you are Jane M. Gould in Denver and google returns zero results, then you’ve got work to do. Our B2B CFO® Founder and CEO always uses Jerry L. Mills and he gets 7/10 on the first page. If I add CPA to the search, he gets 10/10 on the first page and 22/23 total.
  2. Create a good LinkedIn profile. Setup a new, separate personal email address for this. If you are not sure how to do that, take a webinar or class from Integrated Alliances. I did. That’s why I have a great LinkedIn profile that shows up at the top of search results. That’s also why I have 2,400+ first tier contacts in my LinkedIn network.
  3. When you read an interesting article online, look at the bottom, under the article. Most now have the comment feature. Use it. Show your opinions and passion about things, but don’t get too outrageous. Make sure you put your name (I always use Marty Koenig, never Martin Koenig). I always write responses in a word processor program, spell check, re-read then copy and paste into the text box on the website.
  4. Write an online review of a meeting you liked. Be sure and add your consistent signature.
  5. Go to meetup.com and join some groups. I joined a dozen or so but have only had time to engage in several. Many of my google results are the bios I added to these groups. Google seems to like them. Be careful not to join political or religious or other meetups that others might perceive wrong.
  6. Karen says to figure out numerous ways to increase your word of mouth buzz. Once you have a nice LinkedIn profile, ask people you know for recommendations on LinkedIn. Sign up for Twitter and hook up with other important people. You’d be surprised how many stars of the business world are using it now. Each person that follows you and that you follow will give you a search result.
  7. Find a relevant book, go on Amazon and write a review. Put your full name and location so everyone knows it’s you.
  8. Offer to write articles for a trade magazine in your industry or craft. For five years in the 1980’s I wrote a monthly column for an international trade publication. I became the expert in a niche market, and grew my business tremendously because they saw me as an expert, the go-to guy, and bought my products and services because they felt like I helped them regularly.
  9. Setup your own workshop or lunch-n-learn. Advertise it so you get the online hits and the attendees. This, of course, does much more than get you online visibility.
  10. Invite yourself to speak or participate in a chamber event, a local chapter organization, hook up with your relevant organizations, get yourself on a on a panel that you know will have announcements in the business press. Be creative.
  11. Get on an internet radio show. Every city seems to have them now. Your name will go on the show listing and result in a search hit.
  12. It seems there are hundreds of online business social networks. The more you join, the more exposure you get. I don’t know about you, but I get invites from Plaxo, Naymez, Ning, BeBo, Facebook. More professionals are even putting up a Myspace page. Might consider making an interesting video of yourself covering an important topic, and put it on Hulu or YouTube.

If you are not sure about how best to enter your searches, see more info on search syntax here: http://www.google.com/help/cheatsheet.html

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Pull Up the Straps and Get Ready to Sell

Tuesday, June 17th, 2008

Considering that my core focus is building, developing, coaching, and mentoring sales teams for emerging companies, many people ask me what it takes to get sales going. The answer is simple, but all too often the greatest challenge a young company faces. If you just decided your product is ready for market, then take a long hard look at your first sales person. Take a look in a mirror, because it is you.

The problem is, in some cases, you are a website designer, or a programmer; possibly a business man or a finance guru, but a sales guy? You are not the one who gets people to buy. Well wait a moment, because all the efforts you put into your state-of-the-art offering that will change the world will sell itself right? We just have to advertise and the sales ready buyers will flock to our website, phone line, and inbox.

I do not relish being the bearer of bad news, but if you believe the latter, prepare to move back into the corporate world and slip those boots off for good. Someone in the founding group must be a capable sales person, and one who understands the innovators in your field. They have to know how to evangelize your offering without pitching and convincing. No one like this on your team? Then the first thing you should do is get a coach. Then read some books, articles, blog posts, and get ready for another education as you get your degree in selling.

There are some other basics to getting a competitive advantage when selling. First of all, innovators like other innovators, and while you can find many helpful hints on my blog and in other posts, most of my work here will be in sharing how to use Web 2.0 and cutting edge technologies to better sell your products. I hope you find this helpful as we journey through the advances of the 21st century. If you want to have a successful sales team, you have to start by getting some sales.

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