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Small Business Marketing News Update - Chief Meteorologist Points Out 121 Financial Credit Union For Protection
Small Business Marketing News Update - Reporters Conspire To Trip Up Romney At Jacksonville, Florida News Conference
Small Business Marketing News Update - Is Yellow Pages Advertising Worth The Investment For Jacksonville Businesses?
- Since 2007, many states have quit printing residential listing or have pending requests to stop publication. These states include Florida and Georgia.
- Traditional landlines are being disconnected at a rate of nearly 10% each year.
- Consumers are increasingly considering online services before Yellow Pages to make their purchasing decisions.
- Yellow Pages usage among people under 50 will drop to near zero over the next five years (according to Bill Gates).
B2B appointment setters are seldom considered a necessary expense in improving business operations; however, hiring professional b2b appointment setters will be of great help to your sales and marketing departments. With plenty of fraudulent service providers on the web, it’s understandable why a lot of business owners would rather have their marketing people do everything instead of outsourcing this operation to a third party. But not all BPO companies are the same, and a quick research on Google would immediately give you a list of reliable b2b appointment setters. The difficult part is looking for a good appointment setting company that has experience with your particular industry.
When you rely only on your lead generation experts to set all the business appointments for your sales representatives, you will inevitably be sacrificing the quality of your lead generation marketing campaigns. Why? Because creating an effective campaign requires analysis, research, and a lot of A/B testing. All these tasks need a lot of attention and concentration by themselves, but if your marketing people also need to do all the cold calling and haggling with the gatekeepers, then something is definitely bound to give.
When doing appointment setting, no other method of communication is better than telemarketing. If you have a team of adequately trained b2b telemarketers, then you can have your own appointment setters. However, if you don’t have any, then don’t just pull an on-the-job trainee to do this for you. It’s a common mistake of businesses to drop every undesirable task they have on their trainees, and this never leads to anything good. You have to remember that when you are dealing with either your b2b sales leads or clients, you have to put your best people forward. This means you have to not only have capable telemarketers handling your appointment setting campaigns, you need to have experienced professional appointment setters setting up schedules with all your qualified business sales leads.
Your sales people can also be your appointment setters, although they shouldn’t ideally be. Why is this? Think about the most important tip when dealing with gatekeepers: do not sell to them. Most sales persons can’t help but go into sales mode when dealing with a particularly stubborn gatekeeper. This, of course, would compel the gatekeeper to further reject any attempts at getting an appointment. While you may have really good sales representatives who are well capable of dealing efficiently with gatekeepers, which would you rather have: let them heckle gatekeepers all day or let them use their superb negotiating skills on the decision makers and close the sale?
You can appoint random members of your sales and marketing teams to do your appointments setting campaign and it won’t necessarily ruin your business. But if you do so, you will miss out on a lot of potential opportunities had you allowed your employees to do what they were trained to do; that is, let your sales people close sales and your lead generation exports to come up with effective lead generation strategies.
Among the most celebrated business personalities of this generation is Warren Buffett. Aside from being stingy with his funds, Buffett is known to be an efficient goal setter. Whenever he sets a goal, he makes all the necessary efforts to achieve them.
Among the most celebrated business personalities of this generation is Warren Buffett. His numerous successful investments are envied by many. And yet, there is more to this man than simply knowing where to invest his money. With all the companies and various businesses he owns, it's a wonder how he can remain on top of things and not lose focus of the direction he wants these businesses to go. What is the secret of Warren Buffett and his amazing success? Aside from being stingy with his funds, Buffett is known to be an efficient goal setter. Whenever he sets a goal, he makes all the necessary efforts to achieve them.
The following pointers from Warren Buffett can be used by business owners and entrepreneurs to improve not only their business model, but also their lead generation and b2b appointment setting campaigns. Here are a few important business tips from Warren Buffett as explained by Scott of liveyourlegend.net.
Prioritize what needs to be done right now.
If you are boggled about how you will be able to accomplish all the tasks piling up on your desk, then it's the right time to set your priorities straight. The truth is, most of these tasks you've taken upon yourself to accomplish are not that important at all. Or they should not be your priorities considering your position. For example, you might be buried knee-deep in reports about whether you should consider social media marketing or not, when in fact, you should be focusing on making sure that your products and services live up to the promise you give your clients. Identify the tasks that you really need to finish first and don't let your attention wander onto less important tasks.
Focus on the most important things.
There is a reason why outsourcing companies are flourishing: because they help other companies become successful as well. The greatest benefit of good outsourced service providers is that they help company owners focus better on the core tasks of their business. They can leave the back office tasks to not only a capable worker, but a professionally skilled employee whose management they don't have to worry about. Like these companies, when you are able to focus on the core processes of your business, you will be able to improve the results of your work which eventually translates to being able to provide better products and services. This helps you conduct much more effective appointment setting campaigns with each of your b2b sales leads. Follow Warren's example and take the steps to help you focus better on the important aspects of your business. List these down, and outsource the rest. Next, stick to making this list a reality no matter what the cost. This way, you will have lesser internal distractions and you will be able to concentrate better on what needs to be accomplished right away.
Make your priorities as clear as possible.
Identifying and clearly stating what you want to achieve will help you to actually turn them into reality. When listing down your goals, instead of writing that you "want to generate as much qualified leads as possible", write instead that you want to find "highly qualified business sales leads in the x industry whose companies have xxx to xxx number of employees, and whose annual income is from $xxx to $xxx." Being specific right now helps you to remain focused over time, even if there are hundreds of distractions vying for your attention.
The next time you’re caught in a slump and don’t know how to move forward, remember to prioritize, focus on the important tasks, and make your priorities as clear as possible. Follow these simple tips and you will surely be able to improve your business in no time.
Small Business Marketing News Update - Jacksonville Company Offers Product That Will Change How Trade Show Booths Are Manned
Should you pay more attention to your existing customers instead of getting new clients through your lead generation campaign? Or should you focus all your efforts on keeping your sales leads flowing through your sales funnel? Most b2b marketers today taut the importance of keeping your existing clients happy, but are they correct? The answer is: yes and no.
Companies who focus too much on doing a good lead generation campaign can miss out on additional business opportunities when they treat each customer as a single transaction sale. Finding new customers just to keep revenues rolling in as actually far more expensive than simply up selling to your current clients.
These days, company efforts alone are never enough to get them the business sales leads they need to keep their business healthy. A successful company needs the help of outside forces to help them with their marketing campaigns. What are the best outside forces to ask for help? Your existing clients, of course! Nothing beats the marketing prowess of genuinely satisfied customers willing to give referrals. When your existing clients are exceptionally pleased with your service, they are eager to share their happy stories with their peers. Of course, as business people, these peers are usually company executives and managers who could very well be your potential business to business sales leads as well. If your existing clients have already put in the good word for you, closing the deal will be a lot more easier for your sales representatives.
Being too focused on pleasing your existing customers can lead your company to unpleasant situations in the future. Clients often request and expect too much for giving you their money. Giving in to these requests from time to time does help strengthen your business relationship, but indulge their requests too much and you can end up being abused by even your best client. You have to clearly set boundaries and make your clients understand that they don't dictate your product pricing, the type of services you offer, and the direction of your company.
No matter how effective the referrals of your clients are, you must never stop your lead generation campaigns to keep gaining new b2b sales leads. Focusing too much on your existing clients can be limiting to your business. Furthermore, you could be getting new b2b sales leads whose value is much more than that of your current clients.
Giving both your existing clients and your b2b lead generation campaigns equal attention is the best way to get most out of both. But because doing both at the same time can be too complicated, it's always a good idea to outsource some of your operational processes to a professional BPO company. These firms can help you by doing expert business lead generation campaigns that will surely result in plenty of quality business sales leads for your company. When you have someone else keeping a sharp eye on your b2b lead generation campaigns, you can rest assured of fresh new business leads coming into your business while you make sure that all your existing clients are happy and satisfied.
A lot of b2b marketers accept the fact that cold calling is an extremely effective tool for lead generation and appointment setting; and with the strict rules in place to regulate the practice, b2b marketers and business owners should be more amenable to cold calling their potential b2b sales leads to better qualify them and have a more successful b2b lead generation campaign. Cold calling has a lot of benefits, here are a few:
- Direct contact with potential business sales leads. You can learn so much more from your b2b sales leads. Attitude, patience, and preferences are just a few of the characteristics one can glean from a few minutes of call. Aside from this, you can also learn a lot about their business if you only know which questions to ask to get them to start on talking.
- Fastest way to build rapport. Your business sales leads usually need only a few seconds of hearing your voice to decide whether they like you or not. If you fail to appeal to them within that small window of chance, you would be dealing with an even colder prospect. If you make them like you, however, you can get a business appointment with them faster.
- Great method to use for follow-up. After sending out an email or newsletter, you can use a cold call to contact your b2b sales leads and ask whether they read your email. This is a good opportunity for you to clarify any questions they have about your email or your business; and perhaps to ask if they would agree to an appointment setting with your company.
Despite the obvious benefits of cold calling, why is it still not implemented by all businesses as a major part of their lead generation campaigns? It’s not that they believe it’s an evil marketing method, which is entirely untrue (if done properly of course). The answer, actually, is quite simple. Most business owners and even some b2b marketers are afraid to pick up the phone. It may seem unbelievable to you, but lengthy discussions about how to get over the fear of cold calling can be found on forums and discussion channels.
There are even “how-to” posts about it on YouTube, blogs, and various articles.
What exactly is so fearful about cold calling? Just like anyone, they are all afraid of the prospect of being rejected. Think about it: if you have a business list of 1000 plus contacts and the first couple of cold calls you did were greeted with rejection and a firm “no”, wouldn’t you dread continuing on with that list of strangers?
This isn’t the only factor of cold calling that people are afraid of. While others cite rejection as the major factor, others see cold calling as an intrusion on their b2b sales leads’ time and hesitate to make the call even before they pick up the phone.
If you want to have a great b2b telemarketing campaign for your company yet you also fear cold calling, you can outsource this process to a professional b2b telemarketing company. This way you wouldn’t have to do something you’re afraid of doing but still be able to acquire the benefits it provides.
Small Business Marketing News Update - Northeast Florida Manufacturers Relocate Office To Elevate Profile And To Expand Services
|Quality Customer Service|
I’ve recently read Jeff Haden’s article about how company growth effectively kills quality customer service. When you look at the largest companies in the business world, chances are you would only be able to name a handful of international companies who maintain quality customer service; and these are even conscious company efforts to be recognized for the customer service they give their clients. But, can’t quality customer service simply follow---out of their sheer desire to provide exceptional products and services?
Apparently it is possible, even in this time and age. In the above mentioned interview, Haden had an email conversation with Road ID co-founder Edward Wimmer. The topic of the conversation?
Now, a little clarification on why Haden chose Road ID as his counterpart for this conversation; on one forum for bike hobbyists, a member complained about how Road ID didn’t match up to the quality promised to him, such as the tag inscription on one quickly becoming unreadable and the clasp of another not functioning properly. Of course, complaints from customers and clients are commonplace. But the amazing fact is that, for the next couple of pages, other Road ID customers defended both the company and their product. And these are not even paid evangelists, they are simply loyal customers. When Wimmer was asked how they were able to achieve such devoted customers, he simply replied: “I wish I could tell you we have a secret sauce, but it really isn't hard. It's easy. We do have systems, but they are based on common sense and how we would want to be treated.” So what exactly are they doing right that everyone else seems to be doing so wrong?
Learn to take a loss - All your interactions with your customers need not necessarily benefit your company directly. If you want to please your customers, you have to learn to accept losses, even if means replacing a product for an unhappy customer for free when your policy clearly states that they should buy a new one because of their situation. It will not only please your customer, but that customer might also become a brand evangelist because of the pleasant experience they had with your company. It’s all a matter of using your better judgement.
Do what you can to keep your customers - Because it’s been said, time and again, that keeping existing customers is way more cheaper than looking for new customers all the time. While Road ID is actively expanding its market, it doesn’t mean that they neglect all their past customers.
Humanize your brand - When people have problems, they want to talk to other people to make sure that their problems are resolved right away and properly. Wimmer uses his personal email to respond to customer purchases, and it’s his voice that customers hear when they call the company, not some generated automatic voice.
Always be prepared - Make it so that your customers call your company because they want to, not because they have to. But when they do have to contact you, be willing and ready to respond to their problems.
Small Business Marketing News Update - Klout May Not Be Delivering Real Clout For Jacksonville Businesses
When was the last time you completely believed what a marketer told you on mass media platforms like the television, radio, newspaper, or even an email? And if you did believe, did you not spend time researching on the internet for reviews or asking your acquaintances for their opinions before you made any decision to purchase?
Mass media is a relic of the industrial era when companies used largely generic advertising strategies that they hoped would reach their target customers. They had no means of driving their marketing methods to specifically reach their intended targets, so they spread their nets over as wide a market as they could.
Finding qualified sales leads using mass media marketing nowadays is an almost futile effort. Not only is the method of measuring the reach of your marketing strategies extremely difficult and complicated, but the cost of marketing to thousands of people in various places just to reach a handful of potential leads is extremely expensive. Furthermore, those potential leads are not even all verified quality sales leads. So, of the 100 potential leads you get from mass marketing to 100,000 people, you'd be lucky to get 5 qualified sales leads. And because you need more than 5 qualified leads to make your business profitable, you have to spend millions of dollars just so you can market to a hundred thousand more people.
Mass media marketing is a very expensive and inefficient method of finding sales leads. It represents a time of random hard selling and a time when customers blindly followed what was popular among their peers.
This mass advertising is no longer applicable to this generation of clients and consumers who are more knowledgeable, inquisitive, doubtful, and outspoken. With a vast amount of resources at their disposal and easily within their reach, they are no longer susceptible to marketing pitches that are aimed at everyone and no one in particular. Unless you personalize your marketing pitch, your sales leads will not believe that you provide the best solution to their problem when they have hundreds---if not thousands---of other options. The quest for qualified sales leads is further complicated by the emerging desire to become as unique as possible and yet still remain a part of the norm. This has lead to lesser belief in companies marketing to everyone but a distinct distrust of businesses introducing radical new solutions, or rather, the need to verify first from trusted sources any new solution.
Though this poses a unique challenge to marketers, one thing is certain, mass media advertising is slowly losing ground in the business world. Thankfully, the arrival of this technological era has provided marketers with various means of reaching out to their specific target sales leads and enabled them to improve their business relationship on a more personal level. Though most marketing methods are largely met with skepticism, a well-targeted and thoroughly researched marketing plan can become an effective means of lead generation. Even existing (and almost archaic) marketing methods such as email marketing and telemarketing can be repurposed and made to deliver qualified sales and business leads.
Marketing, he brings to light a traditional marketing strategy that has been around for a long time but has greatly been overlooked. This marketing strategy not only increases the attention you get from your business leads, but also helps create a business relationship that will lead to long-term profitability. Read the article to learn more about permission marketing.
Nineteenth-century Italian economist Vilfredo Pareto invented the now-famous 80-20 marketing principle which states that “80% of your sales come from 20% of your clients”. Even if you check on your current list of clients, you will see that the few key clients you have let you earn as much as the rest of your clients put together.
It's a fact that finding new business leads and clients costs more (as much as 5-10 times more) than retaining your existing clients. This is the reason why a lot of marketers and marketing coaches tout the benefits of retaining your clients after the initial sale. While you can't possibly keep every single client you've sold to, you can identify a few key clients which could lead to long-term profitability. These customers and clients need not even be your biggest buyers, as long as they purchase a lot of your merchandise over a period of time, their value as a client greatly increases.
Retaining clients may not be an easy task, but doing so will not only ensure you of continuous profits, but also help you improve your company and business as a whole. To effectively keep your clients, you have to make sure that you always deliver on everything that you promise each of them, and the benefits from your products and services equal or exceed your prices. Otherwise they would end up with your competitors.
If you are doubtful about whether you can sell new or more products to your customers and clients, take note that you already have critical information about them. You know how much budget they have for a month or a year; you know who are the decision-makers in the corporation and how to contact them; you have information about their existing equipment and can easily figure out when they would need to purchase a new one; you might even have information about the direction of their company's future plans. You can use all these data about your clients and customers when you offer them a new product or service to get them to make a purchase. If you think you still need more information, you can always incentivize your approach and offer them something in return for the information that you need. Retaining clients also require that you continually add value to your business relationship, so new offerings are generally expected by your clients and customers. A company that doesn't have anything new to offer clients is a sure sign that it is not growing. Furthermore, your existing clients already trust your brand, so offering them a new product or service is all a matter of whether this new product or service is relevant to them.
However, there is a significant concern among marketers regarding this type of marketing principle. While the returns on client and customer retention is high, there is always the risk of losing such a valuable client. The more valuable a key client becomes, the higher the risk once that client is lost. There is also the issue of clients becoming unreasonably demanding over time, especially when they realize their own value to your company. This situation is easily avoidable, and if you build just the right relationship with each of your clients, you can safely expect a bright future for your company.
Small Business Marketing News Update - Jacksonville's Small Retailers Need To Be Aware Of Current M-Commerce Trends
Here are three important similarities between human relationships and business:
Commitment - Before one opens a business, a certain level of commitment is required if one wishes to become even slightly profitable. A business cannot be successful unless the founder or business owner is committed on making his business a success. A committed business owner will be able to give his company enough..
Time - Just as how you need to be on time whenever you have a date with your loved one, you have to be on time for work everyday. You might not have a boss, but if you always arrive late for business appointments and scheduled meetings, then your business won't have much of a future to hope for. Another thing that requires timelines in business is responding to client queries. If you fail to respond in a timely manner to client questions, complaints and requests, you are essentially telling them to transfer to your competitors. Often times when your schedules collide, you have to prioritize one over the other and learn to take...
Risk - Perhaps the most important aspect where business and human relationships are similar is the issue of risks. In a relationship, if you don’t take the risk of falling in love, then you will never experience the extreme joys and sadness of the human emotion. If you fear taking risks, then your business will never get off the ground. Even if it seems profitable now, you will always stay on that plateau and never achieve anything else of significance.
But that is not the only time when you have to take risks in both business and relationships. For instance, your loved one frequently forgets your important dates, or the two of you often quarrel. Your relatives and friends may even get involved and convince you to end the affair once and for all to save your sanity. Though it seems unrealistic to carry on with your relationship, you still hang on with the hope that it’s just a phase that you have to get over. In business, this same blind commitment is observed when your startup appears to be a failure. It’s that time when, no matter how much you try to improve, your products still fail to generate leads, your credit line is negative, and your employees have begun jumping ship. Add to that the fact that your competitor is rolling out one sensational product after another. For all intents and purposes, the most logical action would be to abandon the cause and build another business altogether or even consider getting employed. But that isn't the actual truth regarding the reality of things. Business owners and entrepreneurs are known to slave for years over their startups, even when the future of the said venture seems nothing but bleak.
Let us take Henry Ford, for example. The founder of the automobile manufacturing company experienced numerous failures in his dream of producing a reliable, efficient, and relatively cheap automobile. By continually taking risks despite being broke, he was able to achieve his business dream through the Ford model T and build an enduring company.
To make a business venture successful, you have to treat it as an important relationship by giving your commitment, time and learning to take risks. It takes considerable effort to make anything work, and businesses are no different.
Small Business Marketing News Update - 121 Financial Credit Union Partners With WJXT-TV To Bring Financial Tips To Jacksonville Viewers
When we hear the word sales pitch, one of the most important points to consider is how to make your pitch sell to prospects. Unfortunately, that is one point that companies still have a hard time in doing, especially if they are doing their lead generation campaign for the first time. Why does it seem to be hard to generate the sales leads that you need? There are plenty of reasons why. The most important to remember is that business leads are best generated through proper consideration of what the prospects want. More likely than not, this is the main reason why no sales leads are made. So how do you go about it? How can you make your sales pitch clinch the deal?
Just remember these three points:
- Do your research – time and time again, sales people are told to always research their business prospect first. Still, there are still those who are left hanging when they are asked questions by the prospects that they have no ready answer for. In the first place, you must need to know just what the prospect is looking for, what kind of solution they may need, and what your company can do to address that need. What is important here is that you cover everything when you are trying to generate B2B leads. And you can do that easily with good research work.
- Define your prospects’ segments – it is possible that what you are offering will work with a lot of market segments. Lucky for you if you only need to market in one segment, but if you have to go into several, then you will need to research each one well. Each segment may have a different trigger or reason to do business with you, so you should define your segments well. You can get better sales leads this way since you now know how to grab your prospect’s attention.
- Craft specific messages – this is where the two previous points merge. Once you know what your prospects want, and what trigger you can use to get their attention, you can then create the correct sales pitch. But the sales pitch itself should not be used in more than one prospect. Sure, this can save you more time, but if you really want to reach out to them, you will need to craft the message that is specifically tailored to them. They will appreciate that added thoughtfulness.
Small Business Marketing News Update - Jacksonville Businesses Are Turning To More Aggressive Marketing Techniques Such As Door-To-Door Sales
The fun part, as the old saying goes, will now lie in choosing the lead generation firm. After all, this is a challenge that many entrepreneurs have to face. Selecting the right lead generation firm can be a very daunting task, especially if this is their first time to do so. B2B lead generation services a very handy tool in producing the qualified leads that you need. The reason why a lot of small and medium sized firms these days are outsourcing this job is because of the inherent limitations of their operations. Many of these companies do not have enough budgets to build up their own lead generation team. With the value and usefulness of B2B leads decreasing as they age, there is a greater demand for experts who can professionally handle qualified sales leads. This could perhaps explain the rising number of lead generation firms. After all, they are the best when it comes to delivering qualified leads for their clients.
Aside from the usual lead generation services, version of this that has attracted considerable attention from other firms is appointment setting services. The use of B2B appointment setting services has proven to be very useful in providing the needed B2B leads. What makes this unique from the usual is due to its ability to address the needs of companies that do not have their own marketing teams. With the help of modern lead generation services, it is now possible for firms to improve their chances of making good sales. Professional telemarketers can effectively find new business opportunities and then qualify them to see if they meet their client’s requirements. If these do, then they will proceed to set up a meeting between the prospect and the client. It is that easy. And since telemarketing has improved itself over the years, you are less likely to suffer from a negative backlash from people with bad experiences from it.
The key, of course, still remains with you. It is you who will decide who to work with. And it is you who will have to make the choice. If it is the right one, then things will go very well for you.
Small Business Marketing News Update - North Florida Manufacturers Use Breakfast Discussion Panel With The Business Journal To Publicize Industry's Issues
Demand generation is not broken up into campaigns, but does include strategies and systematic planning. It essentially comprises the whole sales process, even the part where the sales are actually converted into profits. As the name suggests, it focuses on creating demand---the propensity of the sales or business lead to purchase your products or services. While lead generation can be achieved through sheer dumb luck (a low budget video unexpectedly gaining virality status), demand generation requires a systematic, progressive and continuous process to create a steady demand for your product or service. There is no end to demand generation, as long as your business exists, you will need to create and foster a demand for your products and services to remain profitable. If you fail to create a demand for your merchandise in the first few years of your business, then there is little chance that you will ever achieve ROI.
Demand generation includes everything from lead generation to lead management. The entire sales process is not simply about finding leads, setting appointments with them and then converting them into profit. It should have a more long term goal of creating a steady flow of leads. Demand generation improves the (1)find--->(2)attract--->(3)meet--->(4)convert process and integrates the lead management segment into the mix. In fact, demand generation places a significant emphasis on lead management. Lead generation without lead management is merely a single transaction and leaves out a lot of potential business opportunities unexplored. With lead management, businesses are not only able to capture more leads but also identify which leads are already sales ready so that sales people can convert them right away. Content marketing is also a large part of demand generation. Without quality, knowledgeable and valuable content, sales leads and business leads will not see your products and services as useful for their own business.
The processes under lead management are found in the later part of the demand generation process. After the sales and business leads have been found, they need to be qualified. The lead scoring system plays an important part in this stage. Once the sales or business leads have been scored, they are finally sent to a salesperson to be closed. Demand generation is a complete and holistic integration of all these processes. In the previous illustration, if some leads are not able to immediately reach the last segment (convert), they undergo lead management where they are eventually returned to the attract--->meet--->convert segment. Similarly, leads who are successfully converted undergo the same process. This is what makes established businesses even more profitable. There are various software available to facilitate demand generation, but the in general, demand generation undergoes the same process.