Monthly Archives: January 2010

Sales as a Conversation

I’ve been saying for some time  that sales is turning into a more of a ”conversation” than a “sales pitch”.     The days of the old “sales pitch” that captured someone’s attention and compeled them to buy has gone by.  In it’s place, we’re being forced to carry on a “conversation” about our products over time (and multiple mediums).

Think about it.  If someone sees your ad and they’re interested in knowing more, they go to the Internet and check you out.  They read reviews (both from consumers and consumer publications).  They compare prices.  And then, finally, they come in to “try and buy”.

That ties into this interesting article written by Sean Silverthorne in the blog “The View From Harvard Business” (courtesy of BNET).

“When I walk into an Apple retail store, I get the feeling that I am on my own to explore, touch, lift, try and compare. Sure, I can get help if I want it. But what the store is designed to do is get people engaged with the product directly.

MIT’s Michael Schrage calls this a “selling themselves” strategy, opposed to the “sell to” approach we get when we listen to a sales pitch.

“I’d argue that the future of salesmanship and innovation alike will increasingly depend on giving people easier ways of selling themselves on whatever it is you’re selling,” Schrage writes. “It’s not enough to be persuasive; you’ve got to make it easier for people to persuade themselves.”

Even professional service firms should adopt this approach, Schrage argues on his HBR.org post, Let Your Customers Persuade Themselves. A PSF would be well advised to ask the question, “What can we give away to entice prospects into a serious conversation about becoming a client?”

It’s all a matter of degree, I think. Some people are uncomfortable trying on a new technology or law firm without some guidance and context, which comes in the form of a quick sales pitch.

Schrage admits he doesn’t like being sold to. I don’t mind it at all, as long as the sales person is listening to what I want, a point sales guru Tom Hopkins makes in this nice interview with my BNET colleague Geoffrey James.

So at the end of the day, your best bet is to understand how your own customers want to be approached, and be ready to mix and match tactics to help them make a decision.

From your experience, what company really gets it in terms of a compelling sales experience? Who gets the balance right?”

New Apple IPAD Promotes Internet Radio

Amid all the hype and excitement of introducing Apple’s new “IPad”, one item caught our attention.

“By tracking 200 apps being tested on 50 devices at Apple headquarters, Flurry Analytics has concluded that “there was a strong trend toward news, books and other kinds of daily media consumption, including streaming music and radio. (Thus) we speculate that the new Apple tablet will focus heavily on daily media consumption.”

That’s good news for anyone (like us) who beleives that “internet radio” is the next “killer app” and the most powerful Social Medium imaginable.

5 Reasons Press Releases Should Be in Any Recession Survival Kit

PREReleases has come up with an interesting list of “5 Reasons Press Releases Should Be in Any Business’ Recession Survival Kit”.

According to them, scores of businesses wounded or simply frightened by the economic downturn have slashed marketing and public relations budgets, yet press releases continue to roll over the wires at a steady pace.

“Smart business leaders are not retreating to their fallout shelters or raising the white flag,” stated Mickie Kennedy, founder and CEO of eReleases (www.ereleases.com). “They are in the game for the long haul and are devising creative solutions to survive the stalled economy. These businesses may even be at the peak of their creativity, training staff to reinvent their roles and participate in public relations and trying outside-of-the-box ideas they were hesitant to test in ‘safer’ periods. These are the trendsetters of the new economy, and they know press releases are a no-brainer approach to reinforcing their market position.”

eReleases works in the trenches with these businesses every day, helping craft press release messages and disseminating them to achieve optimal media and online visibility. Based on this experience, eReleases has formulated the top five reasons press releases should be in any businesses’ recession survival kit:

Out of sight, out of mind. Consumer confidence is low, and members of
the traditional press are distracted by their own problems in a
shrinking market, but no one will know how great a company and its
offerings are if heads are buried in the sand. Companies can invest in
maintaining a public presence — and even attract some business –
with a persistent stream of press releases. They should not let their
competition’s voice be the only one heard.

Savior of shoestring budgets. Press releases are as close to
shoestring as a company can get when it comes to marketing and PR
strategies. Here’s the basic formula: Write a few hundred words about
your latest news then pitch it to the media. This costs staff time,
but not a great deal of it. Affordable services like eReleases that
will take charge of this effort are also within reach.

This too shall pass. The slowdown will not last forever. How are
companies going to account for what they were doing all those months?
Were they licking wounds, or cheerleading for business-as-usual?
Businesses can document their outreach to the media and public with
press releases, and a consistent thread of communication will be in
place when the economy revives.

Lemonade from lemons. Any positive message is a glimmer of hope. The
media are on the hunt for stories that cut through the melancholy. A
new product or service, an award, an initiative to boost employee
morale or lend a hand to the community: These are all positive topics
that show a company is making the best of tough times.

– Virtual multi-tool. A press release may in itself be the ultimate
hard-times survival kit. When a company uses a press release
distribution service that includes Tier-1 newswire distribution, trade
media targeting and online visibility, it is employing a
self-contained PR campaign that places the company on the media’s
radar while also providing SEO benefits. This is one of most
cost-effective site traffic, branding and buzz boosts around.