What does your perfect client look like?

What does your perfect client look like? Create a Prospect Scorecard to quantify your approach to prospecting and pipeline building. Some of the attributes of your ideal client might include revenue, growth rate, client type (business or consumer) and market niche. For example, are you targeting companies between $5 million and $10 million in revenue? Are your best prospects fast-growing firms like those found on the Inc. 500 list? Are you selling to consumers? If you’re selling to consumers, are they high net worth prospects, middle income, younger or older? Are your prospects in a specific niche market such as banking, insurance, biotech, plumbing, consulting, education, etc.? Create a Prospect Scorecard with your ideal attributes and a customized qualification abbreviation to help you determine if you are selling to an in-profile prospect.

The Prospect Scorecard offers salespeople and businesses a simple and easy way to qualify, track and rank their best prospects. Salespeople, sales managers, entrepreneurs, sole proprietors, insurance agents, realtors and other business people often refer to prospects in vague terms such as: new, warm, hot, cold, likely, qualified, etc. These terms do little to better understand a sales pipeline or convey likelihood of purchase to other members of the team. The Prospect Scorecard resolves this issue, simply, quickly and easily for any salesperson or business.

http://prospectscorecard.com/ and for more details, the web selling tips book http://sellmoreandworkless.com/

 

 

Sell More & Work Less – Tip 36 Getting Past Legal Hurdles

Web Selling & Web Marketing Tips and Techniques

Web Selling & Web Marketing Tips and Techniques

Another tip from Sell More & Work Less: Web Selling Techniques Everyone Should Use

During the closing phase, you may encounter challenges with your prospect’s lawyer or legal department. In some cases, if you have your own legal department, the challenge might actually be your own legal requirements. But for now, let’s focus on a few important qualifying questions for the legal department. Do they have a lawyer or legal department that must review your contract? Do 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? Is your solution considered a work for hire, do they require ownership of IP, are there onerous damages clauses? Will they consider a mandatory arbitration clause which might be helpful to your boutique operation? We don’t want to get too far ahead of ourselves in the sales process, but it’s helpful to identify potential issues early and to have a game plan to solve them in the present and close phases. Though many of these questions pertain to B2B sales, some are also relevant for B2C sales. If you can simplify your own contract, it can help reduce the legal hurdles immensely. Consider creating an order form with the key legal clauses you require on the back of the form or on page two 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.

www.sellmoreandworkless.com for more information on our new web selling tips book

www.startmarketingtech.com for more information on B2B web marketing

www.jurismarketing.com for more information on law firm web marketing

LinkedIn Webinar For B2B Executives

Is it really the “Facebook of Business”?

StartUpSelling is providing a 20 minute educational webinar on how to better use LinkedIn as an executive tool. Whether you’re a Top 100 Insurance Agency, a growing Law Firm, a B2B Tech Firm or a prominent Professional Services Organization, you will find this webinar useful. With a growing base of 150 million business oriented members, LinkedIn is becoming a must have for almost any business executive. From personal profile to group creation and participation, to apps and blog integration, LinkedIn offers executives an important tool for networking, learning, participating and prospecting.

In this webinar, Social Media Experts will review the critical elements to effectively leveraging LinkedIn.  This powerful network will help you improve your web presence, find prospects and retain clients.  Many Top 100 Agency Executives have yet to use LinkedIn to its full potential.  Topics include:

* LinkedIn Profile Enhancement
* Applications and Blog Integration
* Unlocking the Power of LinkedIn Groups
* How to find your Target Prospects
* How to Strengthen Client Relationships

Date: Thursday, March 22, 2012
Time: 12:00 PM – 12:20 PM EDT

Reserve your Webinar seat now at:
https://www1.gotomeeting.com/register/922627944

SEO, Panda 3.3, Link Quality and Relevance

One of our bloggers offered an interesting perspective on link building, which has undergone a metamorphosis over the past two years, including changes with the Google Panda algorithm shift. This is true for almost any type of business, whether it happens to be a law firm, insurance agency or high tech company. A few highlights are below:

* Off-page SEO often leverages link development. For many years there was a race to achieve superior link quantity. For the last few years, however, search engines have refocused their algorithms to focus on quality over quantity.

* Link quantity enhances a page’s web visibility, but no longer to a large extent. Link quality is the more important indicator of authority. Authority is a quality assigned to a site by a search engine algorithm to ascertain how much expertise the site has on the topics it covers. Quality links emanate from content-rich, relevant sources, ideally with high page ranks, and promote a site’s authority. It is also crucial that these links be unidirectional (nonreciprocal).

* Even link quality, however, is now being downgraded by search engines relative to the effects of social media activity, content quality, and content freshness. Once the new algorithm shifts for 2012 are fully in effect (for example Google Panda 3.3), we will begin to experience, from a SERP perspective, the full nature of the changes and their impact.

For more information on Search Engine Optimization (SEO), review our many SEO blogs or join our Insurance Agency SEO group on LinkedIn: http://www.linkedin.com/groups?about=&gid=3735783

 

Ten Tips To Create A More Profitable, Virtual, Web Centric Business

Web MarketingEveryone wants to sell more and work less. Intrinsically this statement infers greater profits, less labor and a more efficient operation. The Internet has changed the way businesses sell and market, or at least it has for some businesses. The days are coming to a close that organizations are more concerned with the facade of their building than they are with their website, or at least those days should be coming to a close.

Today, businesses large and small, should embrace web marketing plans and inexpensive cloud based solutions to optimize their efficiency and improve profitability. These tools range from Sales Force Automation and Contact Management to eMail Marketing and Social Media Marketing tools. Web meeting tools from the likes of Microsoft, Adobe and Citrix are powerful and inexpensive, and video calling from innovative products such as Skype allow real time face to face communication with employees, contractors, clients and prospects. Of course all of the above presupposes a business has an up to date website. Let’s review ten important tips business owners need to accomplish to create a more profitable and virtual operation.

1. Website – It all starts here with a professional, current, Web 2.0 (as of this writing) website. Your website should have an easy to understand value proposition, prominent above the fold call to action, large social media sharing buttons, on page HTML, SEO, blog and video. Today these are the basics and every owner, principal, partner or sales executive should assume that every prospect, partner, client and prospective employee will visit their website. If your offices look great but your website doesn’t, your priorities are inversely proportional in this regard.

2. Web Meetings – If your business has yet to embrace web meetings over traditional meetings, particularly for initial prospect meetings, you’re missing a great opportunity to leverage an inexpensive web selling and marketing tool. Qualify your prospects before driving 60 miles round trip for an initial meeting.

3. Webinars – If you’re thinking about eMarketing, leverage webinars to offer an educational call to action. Succinct, content rich, educational webinars provide a superior platform to showcase your knowledge, or your partners’ knowledge. Remember, you should educate as opposed to “sell” on your webinars.

4. eMarketing – Leverage eMarketing to reach out to highly targeted prospects with a very specific and measureable message. Your marketing message should be clear, concise and compelling, with a call to action which benefits the registrant, as opposed to yourself. Offering white papers, case studies and webinars which educate your prospective client (or client) should be your mantra.

5. Video Conference Calls – Borrowing the circa 1965 Bell Telephone slogan, “It’s the next best thing to being there”, Skype Video (or similar VOIP) offers a much closer approximation to this classic advertisement. I use Skype calls frequently for face to face communication with contractors, clients and prospects. Basic Skype PC to PC calls are free, or for a few dollars a month you can get multiparty video conferencing and screen sharing. Or, if you have GoToMeeting (or similar web meeting solution), you can offer video conferencing with greater screen sharing capabilities.

6. Virtual Employees and Contractors – When you think about profit margins, think in terms of virtual employees and contractors. The more virtual your operation, the greater the benefit to your bottom line. And virtual employees or contractors can often be more productive, unburdened by commutes or other distractions, they can optimize productivity by delivering services in a more flexible working environment. Management of these types of employees and contractors needs to focus on measureable results.

7. Outsource – Where and when possible, outsource non critical operations. For example, if you are a smaller business, it’s easier and more cost effective to host with a well recognized hosting provider (like 1and1 or GoDaddy) than to operate your own in house server. It may be less expensive to outsource marketing activities than to staff internally. Before hiring an admin, consider outsourcing with a virtual assistant.

8. Web Marketing – If you’re thinking of attending a trade show or offering an on-site seminar, reassess your priorities and extend your budget by leveraging web marketing activities. Utilize eMarketing, Social Media Marketing, Web Seminars, Case Studies, Blogs, SEO and other digital marketing efforts as opposed to traditional marketing methods.

9. eCollateral -Use eCollateral not traditional print collateral. Printed collateral is expensive, difficult to distribute, challenging to measure (who actually received it, read it, and did something with it).

10. Video – Video is digital and virtual and ties in nicely to your virtual goals. Offering a message about your value proposition, a recorded webinar, Skype recorded interview or even voice over PowerPoint vlog will help extend your web marketing and virtual reach.

Businesses leveraging these ten tips can become more virtual, more efficient and more profitable. Focusing on web centric, reusable solutions helps improve economies of scale and invest in a web centric foundation to improve the operational efficiency of any organization, regardless of size. If a business lacks the skills or resources to accomplish all of the items above, consider selective outsourcing as an option. Outsourcing doesn’t connote offshore outsourcing, rather an alternative to permanent internal staffing of the activity.

www.startmarketingtech.com for more information on B2B web marketing

www.jurismarketing.com for more information on law firm web marketing

www.startupselling.com for more information on insurance agency web marketing

Kindle Fire Product Review

Kindle Fire Product Review

I recently purchased a Kindle Fire, replacing my original Kindle, which had seen increasing use over the last few years. Ironically, the Kindle Fire was purchased at a traditional brick and mortar establishment, as I wanted to check out the size and weight of the device prior to purchase. I use the term ironic, as these types of devices may represent another building block in the future demise of the brick and mortar operations selling them. My decision would be Kindle versus Apple iPad, with size, weight and interface key factors.

My immediate take on the Kindle Fire was very positive. It was larger than my original Kindle, but small enough to be considered a book substitute. I found the screen much easier to read than my original Kindle, and it offered all the advantages of a color display. Two major enhancements included the ability to browse the web and to download apps, including very important and useful apps, such as Angry Birds. The web browser works wherever one can find Wi-Fi access, including HotSpots. The Apple iPad was also very impressive, offering greater functionality albeit at a larger size and weight, at about 21 ounces compared to the 14 ounces of the Kindle.

I purchased the Kindle Fire, selling for $199 as of that time, and was on my way. The Kindle Fire is like having your own personal public library in the palm of your hand. Many classics are free, or very inexpensive eliminating the need to drive to a bookstore or local library. The Kindle Fire, allows users to specifically (or randomly) choose almost any new book sample or classics to read. Striving to mix in some classics with my recent business selections (Blink, Steve Jobs, Moneyball) I also downloaded: Mountain Interval (Robert Frost), Prufrock and Other Observations (T.S. Eliot), Walking (Thoreau), The Wreck of the Hesperus (Longfellow) and Notebooks of Leonardo daVinci. These are not entirely random as the appearance of T.S. Elliot’s character in Woody Allen’s movie, Midnight in Paris, provided the catalyst to review at least one of these works. And that’s one of the great advantages of the Kindle, within seconds of hearing about, or thinking about a book or an author, you can be reading a sample or the actual book. Amazon also offers a Kindle Owners’ Lending Library program ($79 per year) which provides a free library of books (currently about 5,000) and access to a free video streaming service with over 10,000 movies and television episodes. It also provides free shipping on Amazon purchases and is essentially a “no brainer” if you purchase a book or more per month, as the estimated costs would be over $100 per year to do so.

Also notable as the Kindle Fire supports web surfing and downloading and streaming of video. I use the former often, but have not yet used the latter. The Kindle Fire, eReaders and other tablet type solutions are clearly going to change future consumption of content. I’ve seen friends who I would consider “technology laggards” now migrating to eReaders and tablets. The convenience of being able to transport a dozen or more books on any vacation or business trip, sample any book before purchasing, changing font size and brightness to accommodate personal preferences and access  to a growing online library are just a few of the catalysts driving behavioral changes. Though not all books are yet available on the Kindle, I’ve seen estimates of 650,000+ and I’m sure this will grow rapidly to accommodate consumer purchasing habits as more people move to eReaders. Bottom line, as of this writing, I think the Kindle Fire is a great solution for almost anyone who enjoys to read.

Sell More & Work Less (on Kindle)   Your Virtual Success (on Kindle)   Marketing for Technology Companies Law Firm Marketing   Insurance Agency Marketing

Most Popular Ezine Articles and Click Through Rates (CTR)

I’ve now published over 100 articles on Ezine and track metrics on a weekly basis. My overall goal is to create relevant content germane to our target markets including, B2B Marketing, marketing for technology firms, Law firm marketing and Insurance Agency Marketing. The key marketing metrics provided by Ezine include views, clicks and click through rate.  These can vary dramatically, as a popular and well viewed article doesn’t necessarily generate the best Click Through Rate (CTR). In the example below, the #1 article received the most clicks (that makes sense) but the #3 article, though viewed significantly less had a much higher CTR and as a result, almost as many clicks.

  1. Should You Hire an Agency Producer Without a Producer Marketing Plan
  2. Traditional Magazines Vs Online Magazines – A Short Term Win and Long Term Rout
  3. Are the Days of Direct Mail Marketing Dead For Insurance Agencies?
  4. The 4 Hour Workweek by Timothy Ferriss – Fact Or Fiction
  5. Insurance Agency SEO – Search Engine Optimization and Long Tail Keywords

Narrow or niche articles can often generate the best results. for example, my article entitled “Create A Virtual Buyer Persona – Spend Time With Prospects Who Can and Will Buy” had a very high CTR (16%) but ranked much lower on total views. In general, one can assume that a mix of topics, both broad and narrow, balance readership with CTR. Ongoing monitoring and measurement is always helpful with Social Media Marketing initiatives.

Online Ad Spending Now Eclipsing Print Ads

It was recently reported that online ad spending will eclipse print ad spending for the first time in U.S. history. This year, industry experts are projecting that marketers will spend more on online advertising than on advertising in print magazines and newspapers. According to some analysts, online ad revenue will increase to approximately $39 billion in sales this year, while print ads will fall to about $34 billion.

This news is not unexpected, it’s been a tough decade for newspapers and magazines, and a stellar one for Google and the likes thereof. Proctor and Gamble (P&G), an ad spending behemoth, recently announced that they were continuing their shift toward online campaigns and away from print media. Their CEO stated, “In the digital space, with things like Facebook and Google and others, we find that the return on investment of the advertising, when properly designed, when the big idea is there, can be much more efficient.”

What does all of this mean to small and medium size businesses? When thinking of your overall marketing strategy, think in terms of your online opportunities including your website, on page SEO, off page SEO, PPC and social media marketing. Online marketing opportunities should be preeminent in your overall marketing strategy, while old school print media and brick and mortar event marketing should be carefully scrutinized for declining ROI.

Sears – A Company Problem Or An Industry Issue

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

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.