Partners in EXCELLENCE - Making a Difference
This is Dave Brock’s Blog.
It offers my views on a variety of business, sales, marketing, and leadership topic. My goal is to make a difference for you, the reader, in both your professional and personal lives.
In the “old days,” (about 20-30 years ago), my VP’s of marketing used to come to me for approval on major marketing campaigns. In those days, direct mail/direct marketing was still a primary communication channel. Marketing campaigns could be pretty expensive, there was design, printing, postage (they were always stamped because people opened stamped mail more then metered and trashed bulk mail). Getting/developing the right list was critical–it was harder to get good contacts/addresses, and because of the expense, marketing wanted to make sure they were targeting precisely the right people, not wasting mailings on people that weren’t in the […]
Read MoreOver the years, we’ve seen a lot of research, and collected our own data and analytics on what causes sales professionals to win. We’ve seen certain patterns emerge. Things like engaging the customer early in their process, ideally being the organization driving their thinking drives higher win rates. Other areas that one would expect is demonstrating superior value in both the solution and how we engage the customer in their buying process drive higher win rates. Giving customers new ideas, helping them improve their business drives both win rates and customer loyalty (derived from Gartner Research). But we’ve found one […]
Read MoreMetrics are important. They provide a means of helping us understand whether we are on target to achieving our goals. They also give us insight into potential changes in the market. As we “instrument” more of the selling process, whether through CRM, mobile tools, and other means, we have the capability of measuring many more things than we have in the past. Recently, I was doing some reading on metrics. One group recommended tracking the following: Meetings/Opportunity, Time between touches, Opportunity conversion, Untouched opportunities, Contacts per account, Follow up meeting ratio, Opportunity progression, Email engagement rate, Total opportunities engaged, New […]
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