Archive for the 'Virtual Business' Category

Sears – A Company Problem Or An Industry Issue

Posted on February 3rd, 2012 by Alan Blume

Brick & Mortar vs. Virtual

Reuters recently reported that Sears will close as many as 120 of its Kmart and Sears department stores after holiday sales slumped, and Sears shares slid (say that three times fast) more than 27 percent. Sales have declined every year since the merger of the two chains in 2005. Sears faces significant challenges from rivals such as Wal-Mart and Amazon.com Inc, though the latter is indicative of an industry paradigm shift, namely e-Tail versus retail.

Some Big Box stores will likely survive the brick and mortar winds of change which are blowing in their direction. Though many major players such as Borders, Circuit City, Linens ‘n Things’ (and even smaller scale entities such as Blockbuster) were unable to weather the storm. Over the last couple of years, I’ve written several articles on this theme, including:

One need not be clairvoyant to see this paradigm shift in action. Stop in on any given big box store or “department store” in your local mall. Can you count the number of customers on one hand? Are they buying anything? There are some exceptions to this, though the question remains, how many big box stores can survive the onslaught of the more cost effective e-Tail model? The subtle irony here is that Sears might have been closer to a competitive model in 1893 when they introduced the Sears Catalog than they are today.

If your business continues to have a brick and mortar mentality, analyze what aspects of your business can leverage the web to improve efficiency and optimize profits. For more information on going virtual read: Your Virtual Success or Sell More & Work Less.

 

 

Sell More & Work Less Now Available on Kindle – Web Selling Techniques Everyone Should Use

Posted on February 2nd, 2012 by Alan Blume

Sell More & Work Less is now available on Kindle.  This web selling tips book focuses on a 4-Phase Sales Process which helps business professionals quickly learn and apply many new web sales tips and techniques to improve their sales effectiveness. Simply said, allowing them to sell more and work less. The 4-Phase Virtual Sales Process facilitates the transition to a web centric sales model offering greater profit potential, improved methods of selling and the more flexible business and personal lifestyle this affords. Readers can replicate the 4-Phase Virtual Sales Process to create their own tailored sales process using the techniques explained in this web selling tips and techniques book.  I was fortunate to be assisted by three “in the trenches” coauthors, Mike Lauducci, John Scranton and Andrew Blume in the writing of this web selling tips book.

Sell More & Work Less is now available on Amazon, both in paperback and the Kindle version http://www.amazon.com/Sell-More-Work-Less-ebook/dp/B0072O3KUO/ref=sr_1_sc_1?s=digital-text&ie=UTF8&qid=1328183749&sr=1-1-spell.

For B2B Web Marketing go to www.StartMarketingTech. For Insurance Agency Marketing go to www.StartUpSelling.com.

Top Ten Email and eMarketing Mistakes

Posted on January 27th, 2012 by Alan Blume

Avoid The Red X

What arrives is often different than what you think was sent

When using  eMarketing or email communication, it’s better to focus on what is likely to arrive, than on what might look good on your computer screen. In other words, think about what the email will appear as when delivered, as opposed to the original which you perceive was sent. Here is a list of ten important eMarketing (or business email) mistakes to avoid.

  1. Do not use an enhanced email signature: If your email signature (your name, contact info, etc.) uses a large font, is boldfaced, or appears in a different color, this is called “shouting” in email jargon and Outlook Junk Mail filters and corporate email filters don’t like this. Your email is more likely going to arrive in a spam filter or email junk folder. This is true for large scale eMarketing campaigns and your individual personalized emails.
  2. Don’t use an HTML email: These days text base emails stand a better chance at getting past junk mail and corporate email filters than HTML emails. Besides, if you’re using HTML, you’re more likely to take advantage of special fonts, invoking some of the issues noted in rule #1.
  3. Avoid words like “free”: It’s one of the most common words activating junk mail and corporate email filtering. It’s right up there with the prescription dysfunction drug names and other spam alert words and phrases.
  4. Don’t use colored fonts: Spam filters will sometimes filter these out because they think it is an advertisement, it’s similar to rule #1.
  5. Don’t italicize, underline or use exclamation points:  Again, this is a form of shouting.
  6. Avoid rush words or phrase: “Act now, offer good today, respond soon, or sale ends tomorrow” are all examples of rush words or phrases. This is a big red flag for filters, sounds like a sales ad and shouldn’t be used.
  7. Avoid using your personal email for business communication:  AOL, Yahoo or Gmail type accounts can cause two issues for spam filters. These personal email accounts are often the source of “spammy” emails (you’ve probably seen these in your junk mail folders), as they are free to set up and easy to abandon. Thus, if you use any type of special characters (shouting) or accidental use of rush words from these types of accounts, your personal email (which is why it should not be used for business) is more likely to appear as spam.  Get a business email setup. For example, yourname@samplecopany123.com costs almost nothing to set up and use and conveys a more professional image than a Yahoo, Hotmail or AOL type email.
  8. Avoid Bayesian Poisoning: Odd or complex phrasing can invoke something called Bayesian Poisoning, which appears to be an attempt to bypass Bayesian spam filtering and results in your email looking like spam. The best way to avoid this is the old, “simpler is better” rule. Keep your eMarketing campaign emails simple and succinct whenever possible, which isn’t a bad idea for general business correspondence either.
  9. Avoid Graphics when possible: Graphics often display poorly, especially for text base email clients. When sending B2B eMarketing Campaigns, use multipart mime to ensure optimum rendering. When  sending individual emails, don’t assume what you see is what they get.  WYSIWYG may be true for the email you’re looking to send, but what arrives can be a completely different story. Remember all the retail advertisements you receive and the blank real-estate and little red X’s which appear everywhere? Not only can graphics create a poor look and feel, they can increase the likelihood of appearing as spam. Graphics often connote an advertisement.
  10. Graphically Rich Email - eMarketing Best Practices

    Graphically Rich Email - Use eMarketing Best Practices

    Don’t include too many graphics above the fold: When you deem it necessary to send graphically rich emails, like newsletters, make sure the delivered email can render professionally if the graphics are stripped. The best way to check this is to send a test email to a text based email client and observe the results. In some cases it may be important to use graphics (newsletter, photographs for architects or photographers, schematics for engineers, etc.). These could be conveyed as a link to a landing page, or if you deem it important, you can embed the images. Just make sure that the email is professional and recognizable if these are not displayed in a text client.

Conclusion:

For eMarketing campaigns, think in terms of textual email clients and monitor delivery rates carefully. Limit graphics, and ensure your email will look good in a text based email client, or if graphics need to be downloaded (this can be an issue even for HTML clients). For individual email communication, from Outlook for example, consider defaulting to text instead of HTML. And if you do use HTML, refrain from using boldface, italics, capitalization or other forms of shouting. Borrowing a phrase from architect Ludwig Mies van der Rohe and the minimalist movement, when it comes to eMarketing think in terms that “Less is more”.

Filling the Sales Funnel with the Four Step Marketing Plan – Webinar

Posted on January 20th, 2012 by Alan Blume

Expert panel will review the Four Step Marketing Plan and discuss the critical elements required for a successful strategy in 2012. Case studies of several organizations leveraging this integrated approach will be analyzed. The Four Step Marketing Plan helps organization gain access to in-profile prospects and provide sales team with qualified opportunities. Topics include:

  • Building your prospect database and email list
  • Reaching your target market through email marketing
  • Leveraging warm calls for quality appointments
  • Expanding reach through Social Media Marketing

Title:      Filling the Sales Funnel with the Four Step Marketing Plan

Date:     Wednesday, February 8, 2012

Time:     1:00 PM – 1:30 PM EST

https://www1.gotomeeting.com/register/616170737

After registering you will receive a confirmation email containing information about joining the Webinar.

For more information, please visit: www.startmarketingtech.com

For our new book, please visit: Sell More & Work Less

The 4-Phase Sales Process

Posted on January 14th, 2012 by Alan Blume

Many years ago, in an attempt to improve sales productivity and forecasting while reducing  pipeline subjectivity, I created something called the 4-Phase Sales Process. It’s been very effective for my businesses and my clients’ businesses, and is a process which can be used by essentially any sales professional or business. This process provides a simple methodology to improve selling, reducing prospect subjectivity and increasing sales efficiency. The four phases (identify, qualify, present and close) create a fundamental selling foundation, which salespeople and businesses can gradually builds upon. It is an effective process for both virtual businesses and salespeople and traditional operations seeking to web enable their sales teams.

The 4-Phase Sales Process is the foundation of my new book, Sell More & Work Less: Web Selling Techniques Everyone Should Use.  Salespeople and businesses can rapidly adopt and tailor this process to improve their current methods, helping quantify the sales process into a series of simple, measurable and easy to monitor steps. Within this process is something I call The Prospect Scorecard, a simple tool to help salespeople track and monitor the top of their pipeline. Some of the web sales and marketing topics in Sell More & Work Less include:

Integrated Marketing - Sell More & Work Less

Integrated Marketing - Sell More & Work Less

* Building your prospect database and email list
* Reaching your target market through email marketing
* Leveraging warm calls for quality appointments
* Expanding reach through Social Media Marketing

For more information, go to Sell More & Work Less or The Prospect Scorecard.

Browser Wars – Google Chrome On The Rise

Posted on January 3rd, 2012 by Alan Blume

Google Chrome Gaining

Google Chrome Gaining Momentum

As reported by Nathan Ingraham on The Verge, Google’s Chrome has show market gains across desktops over the past year, primarily at the expense of IE and FireFox. Internet Explorer is still the dominant player, though one must take note of Chrome’s 84 percent year-over-year growth rate. As an anecdotal observation, I can say that several of my colleagues have commented on Chrome’s speed and simplicity, though this blogger is still using Firefox, in part because of inertia, and also because of the many plugins I use with Mozilla. What does this mean from a B2B marketing perspective? Though there are many nuances to consider, website browser compatibility across the big four browsers, including IE, Firefox, Safari and Chrome, is surely a must.

For More Information on B2B Marketing go to: http://www.startmarketingtech.com/.

To learn about web sales and marketing best practices go to: http://SellMoreandWorkLess.com.

http://www.theverge.com/2012/1/2/2676388/chrome-internet-explore-firefox-marketshare-2011-statcounter-net-applications

Sell More & Work Less: Web Selling Techniques Everyone Should Use – Now Available

Posted on January 2nd, 2012 by Alan Blume

Sell More & Work Less - Now at Amazon

Sell More & Work Less - Now at Amazon

The second book is finally complete and available on Amazon. Well – at least the paper based version is available with the Kindle version to follow in the next few weeks. This book was written and published faster than my first book, Your Virtual Success, leveraging some of the new web publishing techniques now available to authors.

Sell More & Work Less is a web selling tips book revolving around my 4-Phase Sales Process which helps business professionals quickly learn and apply many new web sales tips and techniques to improve their sales effectiveness. Simply said, allowing them to sell more and work less. The 4-Phase Virtual Sales Process facilitates the transition to a web based sales model and the greater profit potential, improved methods of selling and more flexible business and personal lifestyle this affords many salespeople and businesses, aspiring entrepreneurs and existing sole proprietors. Readers can replicate the 4-Phase Virtual Sales Process to create their own tailored sales process using the techniques explained in this web selling tips and techniques book.  I was fortunate to be assisted by three “in the trenches” coauthors, Mike Lauducci, John Scranton and Andrew Blume in the writing of this web selling tips book.

Sell More & Work Less is now available on Amazon, the Kindle version is expected later in January. http://www.amazon.com/Sell-More-Work-Less-Techniques/dp/ …

For B2B Web Marketing go to www.StartMarketingTech. For Insurance Agency Marketing go to www.StartUpSelling.com.

Getting Past Legal Hurdles – The Sales Process

Posted on January 2nd, 2012 by Alan Blume

You finally hear the coveted phrase, “we’re ready to move forward”, or some derivation thereof. Depending on the type of solution you sell, both you and your agreement may arrive at your prospect client’s lawyer, or with a CFO, procurement agent or purchasing department. There are important questions for you to ask, to glean information you need to know:

  • Can you use your agreement or will they insist on using their own contract?
  • How long does it take to review a typical purchase?
  • Can you work with them directly or does your sponsor act as the liaison?
  • Do they insist on certain standard clauses, which must be included in every contract?
  • And if so, can your sponsor provide those for you to review?
  • Will they consider a mandatory arbitration clause which might be helpful to your business?

There are many other questions you can ask, you should carefully assess this aspect of your sales process to ensure you’re operating efficiently late in your process and to minimize surprises. If you can simplify your own contract, it can help reduce the legal hurdles immensely – work with your internal team and counsel to find the proper balance between legal protection and business sales efficacy (I once worked for a Silicon Valley software company that had a 15 page legal contract to procure their solution – this was later drastically reduced to a much more manageable size). Consider creating a simple order form, limiting the legal to those which are critical for your operation and include an arbitration clause. Simpler is usually better. If you wind up in a legal battle before or after the sale, it’s usually a losing proposition for everyone. For more sales tips, read Sell More & Work Less now available on Amazon: http://www.amazon.com/Sell-More-Work-Less-Techniques/dp/1466312394/ref=sr_1_4?ie=UTF8&qid=1325424249&sr=8-4

New Year Resolutions or New Year Goals

Posted on December 30th, 2011 by Alan Blume

Last year I published an article about New Year resolutions, or my version of this tradition which I call my New Year Goals List. For more than twenty years I’ve written annual goals, usually a set of 5 to 10 which I hope to accomplish in the ensuing year. This ritual occurs in December, often around the holidays, but always before January 1st. These goals are written on a small piece of paper, added to prior annual goals, neatly folded and placed in a bedside drawer. From time to time I review these goals, usually once or twice during the year. I often flip back to prior years to ponder where my priorities might have been at that time, if they have evolved in any meaningful way, and if I missed something from years past which should reappear in the future. Granted my goals may seem modest to some and perhaps challenging to others. Regardless of exogenous perspective, the annual goal list seems to work for me, and may work for others too.

Typically my goals include some mix of personal, business, health,  family and charitable. Last year, some of my goals included:

  • Write a second business book
  • Take 3 interesting vacations with family
  • Spend at least two weeks in a warm climate
  • Publish at least 25 articles – 15 on Agency Marketing
  • Wake up weight of 180

As the New Year is upon us, I decided to review my goals for the year, and ponder priorities for 2012.  My second business book was completed with the help of three colleagues. It is called Sell More & Work Less and will finally ship in January. This sales and marketing tips book was fun to write and moved along at a faster clip than my first book. I was able to take four trips this year, including Sweden/Denmark, Newport Beach, CA, Naples, FL and Seattle, WA, in part because StartUpSelling, Inc. is a completely virtual business allowing for the time and flexibility to travel.

I published 35 articles (20 related to agency marketing), safely eclipsing my goal, gaining momentum and motivation as I neared and subsequently surpassed the 100 article notch from efforts over the last three years, hardly Hemingway, but my attempt at providing some interesting content for others to consume. Which brings us to the final goal on the list, a seemingly simple yet illusory target. Repeating a similar performance to last year, the scale read 183 on this the 30th of December. Granted, some extra effort over the next 48 hours and a disciplined two day diet regimen might put this goal within reach. Unfortunately, as we all know, the holidays tend to be a better time to gain than shed. The former sentence sounds good as I write it, though the latter seems an obvious rationalization and a meager attempt to excuse this near miss again.

And what are some of the goals on my 2012 New Years Goals List?

  • Write a 3rd business book
  • Start on my first novel (that will be a radical departure from business writing)
  • Finalize a television show script (now completed but undergoing refinements)
  • Three weeks in a warm climate (with friends and family)
  • Wake up weight of 180 pounds

I find this annual goal ritual to be helpful and rewarding, motivating and humbling. It helps keep me on track and measure my results during the year and from year to year. Try it and you might find it helpful too. I’d like to wish all of my family, friends, colleagues, contractors and clients a happy and healthy New Year!

Get To The Point – Webinar Marketing Best Practices

Posted on December 16th, 2011 by Alan Blume

I recently attended a webinar. It started about 4 minutes late. There were two speakers who spent the next seven minutes introducing themselves, bantering and seemingly trying to “warm up” the audience. The webinar was scheduled to run an hour in length. I left after 30 minutes, finding the content too vague and offering too little to make it worthwhile. But, I did learn (or at least validate) something very important.

StartIUpSelling Web Marketing Best Practices

StartIUpSelling Web Marketing Best Practices

Webinars, particularly those attempting to introduce a company or business concept, build rapport or even evangelize leading edge solutions, should be to the point and succinct. In a recent survey we completed on behalf of a b2b client, almost 80% of the respondents thought webinars between 20 minutes and 45 minutes in length were ideal, while less than ten percent said they wanted webinars of an hour or more. Of the 80% in the 20 to 45 minute category, over half of them thought a 30 minute webinar was ideal.

These sentiments are echoed by my own preferences, the first thing I do when receiving a 90 minute webinar invitation, is to reach for the delete button. So, to get to the point of this blog entry, when it comes to webinars, less is likely more. For more information go to StartUpSelling or StartMarketingTech for Web Marketing and Virtual Business best practices.