The gate keeper is the first person you speak to when calling a company, asking them if they can help you out for a moment is a great strategy. In this this video Team Air explore other ways to navigate the gate keeper.
Tag: Sales
Morning Buzz Meetings – Demotivating or Motivating?
Setting business development goals will help you win clients and influence your team
We all know how important sales are, without sales your business won’t grow, and without growth, your business will collapse. Therefore, it is essential to account for sales and business development within your company.
Whether you’re managing your business development in-house or outsourcing to an agency, implementing a thought-out strategy will help to win you clients and give you the ability to positively influence the individuals within your company.
8 tips that will help you implement a successful business development strategy.
- Identify long-term goals:
82% of B2B decision-makers think sales reps are unprepared.
However, have you ever questioned why this might be?
Tips:
- Establish what success looks like for your business
- Ask why you’re deploying a business development strategy. Have you experienced a drop in inbound enquiries, are you lacking qualified leads or are you aiming to make enquires more consistent?
- Set clear milestones and incentives to achieve the changes needed to reach success and give your team something to work towards
- Measure your current performance:
65% of CEOs rated “inclusive growth” as a top-three strategic concern.
Today, businesses are no longer assessed on traditional metrics, instead their relationships with workers and their impact on society is just as important as financial growth and this, in turn, heavily affects success.
Tips:
- Combine revenue growth and profit-making with the need to respect and support the people which make up your environment
- Invest in a performance management tool. The Performance Climate System for example, is a management tool which can extract information on the current productivity, climate and perception gap between your team and the leaders
- Allow your leaders to implement the changes needed for a more positive environment, a boost in team engagement are highly linked to an increase in sales
- Establish what clients you’re looking to win:
42% of start-ups failed in 2017 because there wasn’t a market for their offering.
Not everyone wants to buy what you’re selling, which is why it’s so important that you identify the needs of your target market.
Tips:
- Think quality over quantity
- Create a client profile to give you a clear indication of who needs your product or service, understand their pain points and what long term goals you can help them to achieve
If you’re looking for ‘The Ultimate Guide To B2B Sales Prospecting’, Air’s Group Director, Richard Forrest has all the tips in this world-class book.
- Hunt down your next opportunity:
80% of buyers are those which you must go out and find and it may take an average of 8 cold call attempts to reach them.
Tips:
- Pick up the phone and be persistent in your efforts to build rapport.
- Focus on your prospects need and be prepared to objection handle. For 3 killer ways to handle objections, take a read of our blog here.
- Don’t become a sales robot, your priority is client satisfaction, so don’t let the relationship go cold.
- Make sure your new opportunities qualify:
Business Development Executives make between 100 and 500 calls for every lead they qualify.
Setting qualifying criteria is a way of making sure your business is concentrating on leads that can really benefit you.
Tips:
- Be clear on the decision makers you need to be talking to and what makes a good meeting
- Analyse your prospects BANT (Budget, Authority, Need, Timeframe)
Need more tips on the golden questions you should be asking to qualify leads? Read more here.
- Top ‘Sales Professionals’ don’t sell:
Being a sales professional is not actually about selling, it’s about building relationships and solving problems.
Tips:
- You must be out there, have a presence and be the expert. Offer guidance, regardless of whether it results in a sale or not. You can guarantee that the person you helped, with no immediate benefit to yourself, will come back or refer your next customer
- Use your marketing resources:
Lack of integration between the two can result in wasted efforts and lost opportunities.
Tips:
- Partner with a marketing agency or department! Events, content and consistent company messages can really help nurture leads through your pipeline and close deals
- Checkout our sister company, Roots to Market, who can offer a full-service approach to your marketing strategy or aid in bespoke projects such a nurture campaigns
- How do you know you’ve achieved success?
Business Development is a long-term investment.
Tips:
- Remain realistic when visualising what your success looks like, how much you’re prepared to invest and how long success will take you
- When you have reached your initial end goal, it’s time to start the process again, establish what success looks like now, set a more ambitions turnover, find new competitors, hunt for more rewarding opportunities and create new milestones in order to progress further up the ladder
Done well, Business Development has the potential to transform the dynamic of your business and get you working with more of the right clients. Whether in-house or outsourced, everyone who touches your Business Development Strategy needs to be fully engaged in your long-term ambitions and understand what needs to be achieved to get there.
Get in touch:
Need help with reaching your audience, increasing your client base and growing your business? Contact #TeamAir today on 03332 581394 or via contact@air-marketing.co.uk
Cold Calling Vs Social Selling – Let’s settle the debate.
There is a long-standing debate raging among sales professionals – which is more effective, social selling or cold calling? To me, the answer is simple.
Now, I am not going to bore you to death with stats which, depending on who you speak to, can be validated both ways. Instead, I’m going to give you some insight that I have gained as a Sales Professional who has sat on both sides of the fence, sometimes stuck in the middle, for over a decade.
So, my insight:
Logging into a webinar recently, I watched keenly as the debate in discussion swung from side to side, with each team offering their opinions. On one side, the UK’s top social seller and on the other, a Canadian based CMO from a well-known Sales Engagement Platform provider and advocate of cold calling. Both camps provided stats to back up their arguments, making it a close call. Although either could have come out on top, in my opinion, cold calling won this round. However, was this down to the geographical benefit of the stats, a more engaging presentation or more tangible evidence? I’m still unsure.
Since this debate, I’ve viewed multiple posts, blogs and podcasts to try and determine a winner for myself. I came across a recent Hubspot blog which appeared to settle the debate in favour of social selling, boldly stating that prospective customers and sales people alike “hate” cold calling. The blog consisted of impressive conversion figures, with the origins of these stats referenced, however, what is often left unclear is the industry, target, sales cycle, resource or end result of these stats origin. Without knowing the full picture, how can we possibly judge what is best for our businesses?
My background includes an enjoyable period as an Event Manager, assisting in the growth of the largest sales and marketing expo in Europe. At this event, exhibitors included direct sales people, cold callers and, what appeared to be, the more passive social sellers. All evidenced by the solutions which they were there to present. There has always been one impression that stuck with me after this event. Whilst the direct sellers had a constant sense of energy and approached any delegate who came within talking distance, the social sellers would wait to be approached – usually sat on their mobile phones. I’ll leave it to you to conclude whose stands were busier…
Now, it seems that these characteristics are commonplace, as shown to me by a recent experience. A well-known, international sales trainer recently posted on LinkedIn, “I have an associate looking for support in their telesales process.” The post had received dozens of comments and recommendations, however, with the benefit of having their phone number, I picked up the phone and introduced Air, asking how we could help. I was astounded to find out that from a 2-day old post requesting TELESALES SUPPORT I was the first person to pick up the phone and call. Now, yes, I was connected to and known by this person through social media, we’d swapped some niceties and a few messages which supported our conversation, but I was the only person to call and actually have a conversation! Whilst multiple people had attempted to social sell, guess what? The prospect wanted a conversation and, funnily enough, I was the only one introduced to their associate.
If this doesn’t settle the debate, I don’t know what will… it pays to use both!
Both cold calling and social selling have their place, it’s not really a matter of which one is better. When used together, they maximise the effectiveness, reach, efficiency and quality of your process. Each prospective client will buy in a different way and their more likely to notice your company if you get on their radar in 2 or 3 different ways. Any marketeer or sales professional worth their salt will tell you that a multi-channel, multi-touch approach will always maximise effectiveness.
Here at Air, we have multiple ways to win new business for ourselves and our clients. We run targeted email campaigns, sponsored LinkedIn mails, Facebook ads, engage traffic using IP trackers, networking events and referral channels. I will social sell, but I will still pick up the phone and cold call too. One shameless stat I will give you is that we’ve seen 257% growth in a year. We’re an award-winning company who are about to go through our second office move in less than 12 months due to increasing demand and our work with well-known household brands. And do you know why? Because wherever our clients and their customers are, and however they like to buy, we ensure we’re there too. Simple.
If you would like to discuss how we can help your business, give us a call: 0345 241 3038, or email: contact@air-marketing.co.uk.
Opinion Piece by Simon Murthwaite, Sales Director, Air Marketing Group
It Pays to be Patient
At Air, we pride ourselves on our honest and transparent approach towards our customers. We want those who we work with to succeed and so we keep nothing from you, you can have as much or as little involvement in your campaign as you would like. As one of Air’s Account Directors, I sit down with our prospective and retained clients, making sure to spend time with them in order to create the right strategy for their budget and business goals. But also, I want to ensure that clients understand that developing returns on their investment takes time. Markets are saturated with new businesses and whilst outsourcing telesales is a step in the right direction, clients shouldn’t expect a quick fix. The clients that I work with are often looking to invest in a long-term telemarketing campaigns, have long sales cycles and therefore need to understand that telemarketing does not instantly create ROI.
Despite this level of client engagement, when it comes to the end of the first month I sometimes find that clients have concerns if they haven’t yet closed a big deal or aren’t yet receiving high ROIs. Whilst I understand that clients put a lot into their businesses and obviously want them to be a success, it seems that often people forget that success isn’t always instant. More often than not, it pays to be patient.
It is for this reason that, as part of our business proposals, myself and the other Account Directors at Air recommend a long-term commitment after the initial 3-month trial pilot period. During this pilot period, the outcomes teach us learning’s about the business’ message, the target audience, the objections and the sales cycle of a client. This time is essential for a business, it allows us to test the messaging of the campaign, the data we receive and actually get hold of the right people for the client – all of which takes time if done right.
We don’t want our clients to stress or be kept in the dark, which is why we have created our unique client portal, where they can have a clear view of their campaigns progress – our clients are able to follow the peaks and falls of their entire campaign and see the feedback or objections we receive. It is most important to listen to this information in the beginnings of a campaign and not be overly concerned if sales are slow to begin with, as brand and business development should be nurtured not rushed. By considering this information, we are then able to use it to adapt the campaign and help it develop with momentum in the long term to generate the client impressive ROIs. After all our average campaign ROI is £18 for every £1 spent, so your investment is in good hands.
Opinion Piece by Keryn Seal, Account Director, Air Marketing Group
Is lead nurturing worth the investment?
Leads are the lifeblood of any B2B business. Some businesses are extremely talented in generating sales leads, others have expertise in different areas so may outsource this to Business Development companies such as us at Air. Whichever method you use to generate these vital leads, what happens if they aren’t ready to engage with your product or service?
According to Brian Carroll, author of Lead Generation for the Complex Sale, up to 95% of qualified prospects on your website are there to research and are not yet ready to talk with a sales rep. Unfortunately, when many companies get a lead that is not ready to buy right away, the lead then tends to get forgotten about, this results in the 70% who would eventually buy from you finding their solution through one of your competitors.
It has become apparent that many marketers are wasting their lead generation efforts by failing to nurture leads which aren’t ready to purchase straight away. This is something that doesn’t make sense, as a marketer you are wasting resource in both time and money doing this.
Today, successful B2B marketers excel by implementing a lead nurturing strategy which grows and retains their business. This strategy is making it harder for your competitors to land the leads that you have worked so hard to generate. The reason behind lead nurturing is that you can’t force a prospect to buy on their first touchpoint, in fact, stats suggest 10 touchpoints are necessary before conversion, as you also can’t afford to lose your prospect from your funnel. Lead nurturing is an investment strategy in which you build a relationship with the leads you’ve generated – this is achieved through the creation of relevant and personalised communication which adds value to your lead.
Lead nurturing may sound like a long game, but the reward is worth the investment…
According to Forrester, CSO Insights, Marketo and many other big players:
- Lead nurturing generates 50% more sales-ready leads at 33% lower cost per lead
- Reducing the percent of marketing-generated leads being ignored by sales (from as high as 80% to as low as 25%)
- Raises closings on marketing-generated leads (7% points higher) and reduce “no decisions” (6% points lower).
- Allows more sales representatives to make their quota (9% higher) and decrease (by 10%) the ramp-up time for new reps
Have you tried lead nurturing for your business? If you like the sound of what this process could bring to your business, but you don’t have the capacity to fulfil the process in-house – talk to us!
We work with companies all over the UK and further afield to make the most of every single opportunity that is available to your business. From lead generation, lead nurturing, follow-up calls and inside sales closing calls – we can look after a section of the process or the whole process for you.
Get in touch today to find out how we can help your business – we look forward to speaking to you.
What qualities make the ‘perfect’ telemarketer
Selecting the right telemarketer for your campaign is vital, get this wrong and you’ll see potential leads deteriorate, your business reputation plummet and you’ll miss the full potential of ROI.
At Air Marketing Group, we know that quality telemarketers are worth their weight in gold. They can draw from their experience and personal qualities to ensure your campaign gets results.
However, what qualities make these people so vital to your campaign?
It’s obvious, a telemarketer can’t sell if they’re unable to absorb the fundamentals of your product or service
The ‘perfect’ telemarketer will be adaptable, working across a variety of client accounts and multiple sectors, drawing experience and implementing it to different campaigns. A great telemarketer will be self-managed and fast progressing when becoming familiar with your campaign. They will have the ability to research and retain important campaign information, building a strong rapport between your business and your prospects. Taking the time to fully plan the strategy behind your telemarketing campaign will ensure that your campaign team are working towards the same goal, communicating the same message and focusing on meeting your KPI’s.
It’s time to kill the urban myth ‘a great telemarketer sells due to their ability to talk a lot’
A successful telemarketer listens and, more importantly hears and understands. It’s easy to get lost in that ‘parrot fashion script’ telling a prospect what you think they want to hear. However, the key is to engage in a two-way conversation. The ‘perfect’ telemarketer will listen, hear the prospects needs, situation and pain points, then focus on this information to lead the conversation. They will have the ability to think on their feet and change their delivery of a script to recommend the right solution for the prospect.
Telemarketers are tactful
In the telemarketing game you must be able to make smart decisions, getting tactful in order to get past the gatekeepers. Asking the right questions is something that can be learnt but being respectful and asking permission to ask those personal questions when engaging with prospects is a quality that a great telemarketer will already possess. Being progressive, ambitious and a good communicator across any level of person are key qualities of the ‘perfect’ telemarketer.
Mind over matter
Telemarketers hear a lot of no’s. If they’re right for the position they will have a high level of resilience, understanding rejection isn’t personal, and continuing to possess a courteous nature even when their proposition is turned down. The ‘perfect’ telemarketer has a positive mental attitude that every business strives to harbour.
Benefit from telemarketing
If your business is looking to work with positive, resilient and experienced telemarketing professionals get in touch and find out how we can turn your prospects into clients. Contact us on 0345 241 3038 or send us an email with your project details to contact@air-marketing.co.uk.
Do you think you could be the ‘perfect’ telemarketer? Why not become part of #TeamAir and show us what you are made of? We are always looking for talented telemarketers to deliver for our clients. Share your CV with us at contact@air-marketing.co.uk
‘National Give Something Away Day’ – A great opportunity to start implementing a sales incentive scheme
If you have a sales team, of any kind, it’s important to implement some sort of incentive or bonus scheme to keep them motivated and hungry, as this will keep them delivering for you. These incentives could be cash based (commissions, bonuses, etc.), or non-cash based (trips, prizes, points, and other awards).
The type of sales incentives that will work best for your business largely relies on your capabilities, goals and demographics of your sales team.
At the Air Marketing Group, we reward our staff with both cash and non-cash incentives. We have learnt that a varied sales incentive scheme has many benefits: improved performance, higher sales rates and the ability to create a work culture many desire which will help your employability.
Find out more about sales incentive benefits
Focus
Retaining your sales teams focus day in and day out can be a challenging task. If you’ve got a specific target you need to hit by a certain deadline, a short-term sales incentive scheme with an enticing reward on the table, can work beautifully when focusing your team. At Air, if our sales team hit their weekly sales target we treat them to a 4:30pm drink or encourage everyone to put the phones down an hour early to attend an organised after work social. Creating a short-term scheme is often just enough to light a fire under people, driving the performance you desire.
Lead Excitement
Most businesses believe that the prospect of earning commission on a sale will be enough to motivate their team, unfortunately most will discover this isn’t the case. At Air, we have a variety of different tactics to keep things exciting and our team motivated. We recommend trying a washing line or a tactical wheel incentive scheme that gives your staff the opportunity to win a prize, do a forfeit or take a gamble. These prizes and forfeits could be anything from doing a dare, making someone a hot drink, or winning £50. Encourage your team to take risks that result in doubling their prize or losing it all together. The two examples above are great incentive schemes that get your team excited about what they’re working for and highlights that taking risks can be rewarding.
Loyalty
If you want to build loyalty amongst your sales team, we encourage you to think about implementing an incentive scheme that includes trophy value or emotional significance. At Air, we like nothing more than celebrating the success of our team, this could be anything from being with our company for a year, or having progressed to a new level within the team. Handing out rewards such as personalised vouchers are small incentives that really show your sales team their appreciated and that your company is focused on building a two-way relationship. We exhibit loyal behaviours when we trust that the person or thing we’re involved in will be good to us. By enriching your sales teams lives, you’ll evoke their desired to show loyalty.
Healthy Competition
Most sales people are competitive. Give them a goal, and they’ll want to out-do their counterparts. To encourage healthy competition, consider setting up a points system with a visible leader board. As a telemarketing company, we have created a visible leader board that showcases who’s winning the most leads. Allowing individuals to see where they stand amongst other colleagues inspired additional effort.
Collaborative Efforts
A well-designed incentive scheme can not only drive friendly competition, but also encourage collaboration. Get your team to work together, set team objectives such as an overall number of leads to be achieved by the end of the month. You can then add a significant team reward for reaching this goal. Think about organising a staff lunch or activity hour, not only does this reward but can be considered a team building activity. It’s important to create a culture of friendly competition, not just cut-throat rivalry.
Reduced Turnover
The main reason people seek new employment is due to a feeling of underappreciation. We have spoken about a short-term sales incentive scheme however long-term schemes are a way of giving away bigger prizes that show your staff their efforts are acknowledged. Air are running a 5 star incentive that is run over a yearly period. Stars are given out over the year to people who have gone above and beyond, pulled through when the chips were down, or hit outstanding targets. If a staff member accumulates 5 stars over the year they are rewarded with a personal weekend getaway for them and a partner or friend. Long-term incentive programs are both great for reducing staff turnover and maintaining loyalty.
Culture
If you know anything about the Air Marketing Group, you’ll be aware of how important a positive work culture is to our business. We would not have achieved our positive, hardworking atmosphere if we didn’t regularly give our sales team incentives and show them just how much we appreciate them.
ROI
We know it’s the National #GiveSomethingAwayDay, created to give people the opportunity to give something away without expecting anything back. However, implementing an incentive scheme does allow your business to profit too. The more motivated your sales team, the more drive they have to sell and the better your clients and your own ROI. Having an incentive scheme in place will give you an all-round great company reputation amongst people both internally and externally.
We hope this insight encourages you to give something away to those who matter most in your business.
If you would like to work with a team that has an outstanding drive to sell, get in touch!
How well do you know your customers?
What makes you think you’re so special?
I’m a great admirer of Jeremy Waite’s Ten Words. If you don’t know what this is, it is a book written by Jeremy that pledges to communicate ‘big ideas’ in ‘small words and short sentences’. We cannot escape it, we hear more and more about how people’s attention spans are getting shorter and shorter – meaning we need to be more concise, clear and sharp if we want to grab someone’s attention.
The reason I start with this, is because I often think about this when I am working with clients on their telemarketing strategies.
We know that attention spans on the telephone during a cold call are even shorter than the average. We’ve all been there, you are right in the middle of something, the phone rings and it’s a cold caller wanting to engage with you. Now they could be calling to offer you a service or a product that is exactly what you are looking for, but your attention span is already short because you know it is a cold call and you have been disrupted.
This is why a strategy for me is the most important part of the process. We have to understand what makes you special? What is your real value to a prospect? How does it solve the pain that the prospect will be feeling? How does it go above and beyond what else is available on the market?
There are so many questions that we cover and so many answers that we discuss – but then it is up to me to create that small magic opening that is going to win your prospect’s attention span and allow me to divulge a little more information than when they first picked up the phone.
I think it’s a great exercise for anyone to try, the idea of 10 words to describe your role? Your business? Your personal goals? Your career goals? What makes you special?
Sure, we may not get it right the very first time, but if we have all the information from the strategy and we test the opening, we are going to be able to sense how this is landing with your prospects giving us opportunities to tweak and sharpen the message as we learn and test.
I’m Richard, I open up your target market to generate you leads. What do you do?
Opinion piece by Richard Street, Account Manager, Air Marketing Group