How do you create demand in a hyper-connected world? How is Social Media changing the discipline of sales? And what is "Social CRM"? Brent Leary, a partner at CRM Essentials and author of Brent's Social CRM Blog, will be discussing these topics in an upcoming Webinar-- Driving Demand in a Demanding Market--sponsored by Oracle and hosted by the TheCustomerCollective.com. Details about the Webinar can be found at the end of this blog post, but Brent also took some time to share his thoughts on these topics with Experience: The Blog readers. Brent sees firsthand the way Social Media is changing Client Relationship Management (CRM). Of course, we all know that Social Media offers new and better ways to create and foster relationships, but it also presents some new challenges. As Brent notes, "'Selling 1.0' doesn't work well at all with social media." Here is my online interview between Experience: The Blog (ETB) and Brent Leary (BT) on the topics of Social CRM, metrics, and how to drive demand in a hyper-connected business environment: ETB: Brent, your blog focuses on Social CRM. You also wrote an article for Inc. entitled "Traditional CRM vs. Social CRM." (Note: Because the Inc. ... read more >>
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After their recent skirmish with the Chinese government over Internet porn, Google China is back online. And they’re already optimistic: apparently they’re poised to announce a Q2 revenue increase in China of 25% over the previous quarter. (And in this economy, that’s not just great; that’s phenomenal!) Brand Republic reports that Google China will also see operating revenue increases of 45% to 50% over the second quarter of last year. For owning only 30% of the Chinese search market, that seems pretty impressive. And the revenue boost from April, May and June of this year probably wasn’t because of a jump in market share—they’ve only added eight percentage points to their marketshare over the last two years. Meanwhile, Baidu continues to dominate the Chinese search market with 64%, according to Brand Republic. And it’s not losing ground to Google, either—Baidu is up six percentage points from two years ago. So it would seem that smaller players in the market are losing market share to the two leaders. Brand Republic doesn’t mention on a similar revenue boost in Q2 for Baidu, but the Chinese search giant did have a strong first quarter this year. Google CEO Eric Schmidt notes .. ... read more >>
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New strategies require new measurement – or so says Helge Tenno. In this fantastic presentation, Helge suggests that when it comes to the social web, we are using the “destination web” as a basis for measurement – and we are, therefore, using an outdated system to measure the efficacy of emergent networks of value. And I tend to agree. Quoting Adrian Ho: This is because measurements create their own context. For example, I’d argue that it’s precisely because we measure horsepower that horsepower is valued. However, the flow-on effect of this is profound. It means that we must fundamentally shift the way in which we create strategy and drive its implementation. Gone are the days where strategy can be built and refined over months and sometimes years. Strategy must be what Katie Chatfield suggests: … you have a core thought, but it should be fluid, evolving and allow you to do several things simultaneously and build on the ideas that work. And this comes back to a process for continuous digital strategy. It means, for marketers, living life at the edge of your brand. But fundamentally, it is understanding how people change behaviour, not why – for it is not the behaviour .. ... read more >>
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 I have a client who has been hit very directly by the current economy; while he has maintained a positive outlook, he like everyone is looking for that slight edge that will help them drive revenue now and maintain his base for the future. While hasn’t always been easy for Tom over the last few months he continues to marshal on looking at the up side of things. But in April he became really disillusioned when he found out that his printer, who had been handling his flyers and other commercial printing, stopped send his business to Tom, and was now buying from one of my client’s competitors. Being a man of action, Tom was hell-bent on making sure that he had an equal relationship with everyone, and he quickly switched his printing business to another printer. In fact he began looking at his vendor list and examining which are in a position to do business with him, and of those which are doing business with him, and which are not. Those that were not are slowly being replaced. What’s interesting is that he is not telling any of them why they he is switching away, no fanfare no hoopla, just a quiet migration. As he switches he is letting his new ... read more >>
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We like to think that because we offer a great product and service, and are priced fairly, that we will meet our client’s criteria to be a solution provider. But in truth, we never, ever know what their subjective, unconscious, criteria are (and nor do they until much later on in the buying decision process). Buying Facilitation helps buyers recognize these criteria, and gives sellers the tools to maneuver buyers through all of the hidden dynamics that go on within their workplace that sellers cannot be privvy to. But sometimes, just sometimes, there are a few, um, glitches. This video was sent to me by my friend Gil Friend who is a leader in green business and sustainability (and a long time visionary who has been holding the space for almost as many years as I have… and thank goodness for people like him or the world wouldn’t be changing) (http://blogs.natlogic.com/friend/). And, sadly, it’s a hoot. It certainly plainly describes when our customers have their own agenda, and we have no clue how to go beyond our proscribed approach to selling our product. Let’s always remember that buyers have very different buying patterns than our selling patterns. Enjoy. ... read more >>
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Tony Karrer (Browse My Stuff) and Tom Pick (WebMarketCentral) have created and launched the B2B Marketing Zone as a filter to aggregate content for us in one spot. Similar to the idea of The Customer Collective for sales and marketing professionals and My Venture Pad aimed at SMBs and Junta42 for content marketing, this site focuses on a niche. I'm excited to be one of their launch bloggers along with the terrific expertise provided by Brian Carroll, Paul Dunay, Newt Barrett and Jon Miller. I love that it also includes some new perspectives such as Cece Salmon Miller (PR Meets Marketing), Jay Lipe (Smart Marketing).There are a couple of unique features of the B2B Marketing Zone that I think you'll find useful.Navigation: On the left you see navigation around Concepts, Tools, Types and Companies such as Forrester. This makes using the site much easier than only having a list of bloggers or a blank search field. They've recognized that it's not about us (the bloggers) as it is about getting you the information you want, faster.Participation: Rather than being a site that only focuses on well-known bloggers, the B2B Marketing Zone is asking for input, content suggestions and blog .. ... read more >>
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ASTD’s Sales Training Drivers is hosting an online conference and virtual trade show in October 2009. — Sales Training 2.0: Accelerating Sales Team Performance in a Down Economy — ESR is pleased to be a premium sponsor for this learning event along with ASTD. I’ve been working with Brian Lambert for several months planning the event including determining the content, speakers and format. I’m personally very excited to be part of the first conference of this type. The conference will be loaded with best practices, trends, and ideas for helping sales leaders improve the performance of their sales teams. You’ll be able to learn about best practices and solutions for: - Evaluating how a wide variety of organizations approach the sales training and sales management intersection;
- Exploring tools and processes available for managing knowledge and driving sales results;
- Enabling web 2.0 and sales 2.0 technologies to meet organizational goals;
- Examining how to balance tactical needs with the strategic improvements; and,
- Executing effective sales training solutions by targeting the right skills.
John Esposito, VP of sales at AMICAS, will be delivering one of the ... read more >>
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Several weeks ago, I wrote a rather long diatribe about the marketing world's obsession with short-term sales metrics ( Restoring Marketing and Finance Balance: How Marketing Can Save the (Corporate) World). My fear is that brands are increasingly being viewed not as sources for long-term competitive advantage and value but instead as short-term assets to be exploited for immediate quarterly profits. Given my fear, it was exciting to read Ad Age's article " Unilever, Walmart, P&G Buck the Short-Term Trend." The piece hints at how marketing and business leaders are complicit in encouraging the markets' and C-suites' fixation on short-term results. If we want to advocate for more attention to the long-term value of brands, then we should consider whether the data and reports we furnish encourage the desired long-range thinking. Clearly in this economy marketers cannot afford to ignore today's sales as a primary KPI, but as I wrote in my earlier blog post, "The short- and long-term are not mutually exclusive, but they become so if we willingly concentrate on one to the detriment of the other. And if marketers won't champion the importance of long-term brand vitality, then no ... read more >>
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I was honored to be included in the “Conversations with Early Innovators” section of Oracle Corporation’s Innovation Showcase, which is now being featured on its website along with a 100-day countdown to Oracle OpenWorld. As the founder of Oracle’s inside sales group, I stressed the innovation of Oracle’s business practices while others interviewed focused on the company’s technology innovations. There’s a fun story about Ted Codd - the father of relational database - in there, too. Here’s the interview in its entirety: Anneke Seley was the twelfth Oracle employee and the designer of the company’s revolutionary phone sales operation that is now called OracleDirect. She helped to organize Oracle’s first user conferences, which were the predecessor events to Oracle OpenWorld. Currently, she is the CEO and founder of Phone Works, a sales strategy and implementation consultancy that specializes in helping companies incorporate phone and Web selling into their sales models. Seley is also the coauthor of a new book, Sales 2.0: Improve Business Results Using Innovative Sales Practices and Technology (John Wiley & Sons, 2008). Q:What was innovative ... read more >>
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China is clearly the world’s largest marketplace and currently the 3rd largest economy from a GDP perspective. In September, I’ll be speaking to nearly 2,000 Chinese business people in Guangzhou and Shanghai. This 9-day trip is being put on by Global True North, a consulting group which works to bring US and Chinese business people together. Five US corporations are being invited to join us on this trip. The companies traveling with us will have the opportunity to dialogue with key Chinese business people. I’d like to invite you to drop me an email (Mark@TheSalesHunter.com) if you’re interested in being part of this huge business opportunity. I’ll be sharing more about this in the weeks to come, however because of the lead-time necessary to secure a Visa, we will need to finalize our travel list very shortly. We will leave Sept. 2 and return to the US on Sept. 13. Link to original posthttp://thesaleshunter.com/blog/ read more >>
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