Sales is still a numbers game and the phone is a great way to get those numbers

Talk to enough people and you will find someone with an interest in what you’ve got to sell. This adage has been true for ages and is still true today. Telemarketing provides a terrific method of reaching enough people to achieve sales objectives. When properly orchestrated and staffed with experienced practitioners, the telemarketing method is methodical, akin to a contact-friendly variant on carpet bombing. The turf upturned as the result of conversation upon conversation will ultimately prove fertile enough to feed even innovative emerging technology businesses with precious revenue.

It all comes down to a question of timing. Given enough time (together with an ongoing analysis of documented conversations and a complete dedication to changing whatever may turn up as needing change) presentations can be refined and focused to deliver objectives. We’ve written extensively in this blog about the present-day phenomenon of a broken down purchasing system for some types of technology, largely with regards to larger businesses (often referred to here as global businesses) and/or larger public sector groups. No matter. Focus telemarketing efforts on information gathering rather than persuading or pushing a market that is obstinately unwilling to be pushed to get positive, progressively healthier results.

A two pronged approach that combines persistent, flexible direct marketing over the telephone with interactive marketing that exploits online search portals and social media can produce very effective results with comparatively few personnel and leaner facilities. For products sufficiently branded as commodities in a marketplace inbound leads are generally more promising. Look to interactive marketing techniques to stimulate such inbound lead activity. At the same time, a constant rumble from telemarketing can and does motivate less mature aspects of markets to move forward, over time, to generally bigger deals that usually incorporate a combination of products and services.

Coordinating both efforts is a mandatory requirement. By no means does it make sense to entirely focus on simply one approach. We have recent experience with such efforts and can say, conclusively, that clients would have done much better had they availed of interactive and direct simultaneously. There is absolutely no reason that we can find why one approach necessarily precludes the other. Further, we have more recent evidence of the success of just this type of combination.

We have excellent recent experience working extensively with interactive and direct marketing media for software technology innovators committed to global business markets. We welcome opportunities to elaborate on our experience. Please call Ira Michael Blonder, IMB Enterprises, Inc at +1 631-673-2929 to discuss your product and your near term market plans.

© IMB Enterprises, Inc. & Ira Michael Blonder, 2012 All Rights Reserved

Look to Teleprospecting for a Superior Business to Business Lead Generation Program

Useful Sales leads are food for any business, nutrient rich supplements that promise to enrich cash flow and sales staff alike.

But what constitutes “useful” with regard to leads?

Leads are useful when they include information that can be used to forge successful sales campaigns with appropriate prospects. There is no better way that I know of to accumulate this type of information for innovative technology providers targeting global business and other large organizations than teleprospecting, meaning an outbound telemarketing effort that eschews hard selling for information gathering. Business to business lead generation requires a “hands off” attitude on the part of the teleprospector. Further, top teleprospecting talent will communicate a genuine interest to contacts in the subject of discussion, thereby encouraging a free exchange of information that typically leads to collection of useful sales information.

I do not believe in the value of buying contact lists. The task of identifying companies that constitute realistic targets for products and services is very useful endeavor that will help train a teleprospecting team to qualify contacts; therefore, why hand the team a set of businesses from a purchased contact list? If sales has participated in the business from inception (as I have advocated elsewhere in this blog) then there ought to be plenty of time to canvas the marketplace slowly and carefully to identify businesses that ought to be contacted once selling efforts begin. With regard to contacts within the prospect businesses that pre sales efforts identify, once again, researching contacts online, through address books, etc. and, generally, through sales team collaboration is superior route. Once again, the process of working to identify these contacts helps sales to refine the qualification process that will have to be in place to land the business. It is safe to say that the process of qualifying leads cannot be too precise an activity. The finer the grain the better as far as leads are concerned.

Once a lead list has been assembled, then a teleprospecting program can be successfully implemented to deliver very high quality selling opportunities. There is no error in combining this type of direct marketing effort with online product promotion. With recent improvements in online marketing communications opportunities, as well as with a tendency of today’s prospects to research just about everything they need to know about a product or service by themselves, with little to no hand holding from sales, online promotion can be successfully crafted to support the sale of complex products to global business.

I am wholly engaged with clients who are implementing teleprospecting programs with web 2.0 online marketing. I welcome opportunities to discuss specific needs that may be at hand for your business or your business plans. Please call me at +1 631-673-2929 to further a discussion.

© IMB Enterprises, Inc. & Ira Michael Blonder, 2012 All Rights Reserved

Unique Dynamics of “Cold Call” Prospecting Telephone Sales Calls

Most sales people have a pavlovian reaction to “cold call” telephone sales — quick glances from left to right (anywhere but straight eye to eye contact) and a determined effort to vacate the premises. The fact is that “cold call” telemarketing tasks are uncomfortable and far removed from the type of ego inflating activity that most sales people require to gin themselves up to the task of hitting their numbers on a month in/month out basis.

But the truth is that “cold call” telephone sales provides a highly targeted, controllable method of expanding market visibility with precision. In fact, if properly managed and executed, cold calls can be utilized to increase market awareness of a product precisely as planned. Therefore, I regard this method of prospecting as the most precise and efficient method available to any type of business marketing any type of product or service. While the number of prospects contacted depends entirely on the number of telemarketers at work (I eschew any mention of “robo dialers”, which dialers I consider to be entirely useless and a waste of precious funds that could be better spent on buying a telemarketers time), the contact, itself, is highly effective.

In contrast, advertising (even inclusive of online, context-sensitive display ads) is inherently a broad market passive technique of juxtaposing text, photos, suggestions, etc (which may all have the very same forward, presumptuous characteristics of a cold call) alongside subject matter that attracts prospect interest but, nonetheless, irrelevant to the ads themselves. The return on investment for advertising, I argue, is far less and certainly not appropriate for tight lipped businesses with leading edge technology that need to operate under the radar.

Usually sales people break out into one of two character types–so-called “farmers” and so-called “hunters”. I like to refer to farmers as the guys with the address books, the nice guys who are well liked by their contacts who have usually bought different products from the same sales person (my nice guy) over several sales “lives”. “Farmers” do not like cold calls. It’s the “hunters” who can be taught to use cold call telemarketing techniques. These sales people are generally in sales not only for the money, but also to satisfy a need for competition and achievement.

“Hunters” may not do a good job of maintaining business friendships, but they certainly can be trained in “cold call” telemarketing for prospecting. With a new technique like cold calling firmly ensconced in their quiver of sales methods, “hunters” can relied upon to not only deliver the orders, but to open the market precisely as planned for a controlled, yet covert, expansion of business.

Don’t pass up on cold call prospecting.

© IMB Enterprises, Inc. & Ira Michael Blonder, 2011 All Rights Reserved

Use Just a Pinch of Commodity Sell to Rev Up Direct Marketing for Products Still Under the Radar

The “commodity sell” is, generally, anathema for the complex sale. Nevertheless, for clients of mine with products that operate “under the radar,” just a bit of “commodity sell” does the trick to drive the performance of direct marketing (essentially a combination of telemarketing, teleprospecting, and webinars) as a driver for the complex sale.

If contacts at enterprise size business prospects know nothing about your product, and little about your niche (regardless of its strategic importance) there is no other option than to include a presentation of what you offer within your early conversations with the prospect. This presentation provides just the “pinch” of commodity sell to spark contact interest in furthering conversations and, thereby, the gathering of information that you must do to qualify just who this contact is and what he/she does relative to important related projects and plans (or the lack thereof) at your enterprise business prospect.

It is absolutely essential that the information that you convey via the presentation be completely consistent with any subsequent information your sales team may communicate to the specific contact as well as any other contacts at the prospect. Understand that your product is still under the radar of the marketplace; therefore, the information constitutes the only branding that you possess. Whenever the information changes, then your brand changes and, therefore, the power of repetition along with the development of subliminal associations is substantially diminished. Keep the presentation consistent, better yet, require that any and all references to features, benefits, value proposition, etc make refernce to the same uniform information.

The importance of this point is doubly critical if your product is an integrated solution. Permitting communication of ambiguous information abvout an integrated solution provides the prospect with an opportunity to break up your solution into components. This opportunity spells doom for the complex sale and lots of revenue will be left on the table. I have worked with clients with this problem who saw projected revenue growth delayed by six months, and longer, as planned complex sales trended into commodity sales of components with dangerously lower pricing to customers.

If you opt for a direct marketing approach to product promotion and lead generation then do consider a hybrid method that includes a highly controlled and consistent presentation to contacts. Review any/all printed and electronic collateral to ensure that information is completely consistent. Revise as required or risk diluting your potential for complex sales, not to mention precious revenue.

© IMB Enterprises, Inc. & Ira Michael Blonder, 2011 All Rights Reserved

Using Telemarketing to develop Leads for Complex Sales

Businesses selling complex intangible products and services typically steer clear of mass market advertising campaigns for sales leads. This strategy makes good logical sense when one considers the fact that intangibles have subjective value contingent on specific situations; for example, a software programmer who can only write programs with the CICS software language (Customer Information Control System created by IBM) has no value as a software developer outside of a computing environment run by a mainframe computing system, generally manufactured by IBM or some of its direct competitors . In contrast, effective mass market advertising is generally built around products that have commonly understood brands in the marketplace. Usually all of these products are tangible, for example, laundry detergent, automobiles, clothing, etc.

Direct marketing may provide a more fruitful approach to producing complex sales leads. According to the Direct Marketing Association (http://www NULL.the-dma NULL.org/dmef/proceedings05/Revisitingthe-Spiller NULL.pdf), “[D]irect marketing is an interactive system of marketing which uses one or more advertising media to effect a measurable response and/or transaction at any location.” (Credits to Carol Scovotti, University of Wisconsin-Whitewater and Lisa D. Spiller, Christopher Newport University). Direct marketing techniques include telemarketing, a prodigious approach that produced $100 billion in sales in 2002 (credits to the Direct Marketing Association (http://www NULL.the-dma NULL.org/telemarketing/telemarketingfaq NULL.shtml)).

Telemarketing campaigns can be targeted to specific prospects. For example, a staff augmentation business with a roster of CICS programmers can utilize telemarketers to specifically restrict prospects to only decision makers at businesses with IBM mainframe computing systems. The success of this type of telemarketing campaign depends upon a high quality level for contacts; in other words, targeted individuals must play a role in decision making for the business, the computing environment must run on COBOL and CICS, and there must be a need for software development. If any of these three criteria are missing, the value of the telemarketing campaign will be diminished. Therefore, a useful contact list must provide the foundation for the telemarketing program. Useful contact lists can and should be obtained from sales personnel, from vendors, from an internal research effort, or from lead development over electronic media.

Successful telemarketing campaigns can lead to substantial revenue, often within a stealth marketing strategy. For competitive reasons it may be advantageous for a business selling complex products and services to operate in an invisible manner, “under the radar”. Direct marketing techniques like telemarketing are active selling techniques whereby prospects are contacted by a marketer. Therefore, these techniques are very useful tools that preserve anonymity within the market.

© IMB Enterprises, Inc. & Ira Michael Blonder, 2011 All Rights Reserved