Bridging the Gap: Sales and Marketing Stacy Falconer, Dion Label Printing Bob Scherer, Scherer Sales Solutions Today’s Focus • It’s all about the Sales Funnel – Bob Scherer • Bridging the Gap – Stacy Falconer Goals • • • • • Value of selling to qualified leads Understand your “ideal” customer Method for qualifying leads Increase sales Build relationships It Is About The Funnel!!! Bob Scherer, Scherer Sales Solutions Profitable Hiring At Dscoop7 The First 90 Days At Dscoop8 A One Two Punch …. Marketing and Sales The Number One Problem The number one reason for sales failure is not being involved with prospects when they want to buy! The Secret “Sauce” FACT!!! • Each New Account Requires TWO Sales – Sale # 1 Sell An Appointment – Sale # 2 Sell The Relationship/Deal • Must Be Sequential • Each Sale Requires 6-10 Touches • There Is No Luck Involved Warm Leads Customer Sales Growth Formula First Meetings Closing Ratio = $ALES Sales Growth Formula First Meetings Closing Ratio = $ALES Volume Sales Growth Formula First Meetings Closing Ratio =$ALES Volume Sales Growth Formula First Meetings Closing Ratio = $ALES Volume Sales Growth Formula First Meetings Closing Ratio = $ALES Volume It’s About First Meetings First Meetings – The Missing Metric • • • • • • How Many In Calendar? How Many Needed? Who Sets Up? Competition? Conversion %? Source? Cost Of Prospecting • • • • • • • Avg. Cost Per Dial $5.10 Cost Per Connection $68.00 10.7 Hours Dialing/Meeting Tele-Broadcasting Saves >60%! $300-$400/Sales Ready Lead Not Selling Lost Opportunity Dollars Key To Long Term Success • • • • • More Touches The More They “Get” Value The More They Trust You Stay in Touch More Likely To Be There At Right Time The Process • • • • • • • • Eight HTML Emails Complaint Database E-Telemarketing Biz Video Web Site Visitor ID Regular Reports Lead Nurturing Coaching Does Anyone Open Their Emails • • • • • No One Opens All Emails But All Of Us Open Some Open Based On Subject Line Don’t Need To Sell All Just Those With Interest … NOW! System “Secret Sauce” • Prospect Scoring • No Open - Ok • Track Opens & Clicks – Prospect Behavior • • • • Repeated Opens Better Several E Mails Opened Open & Forward Great! Call Hot Prospects – CCG Team – Your Team Will This Work For You???? • Cost Of Non Contested Deals • Complete Worksheet • Fifteen Minutes Sales Growth Formula First Meetings Closing Ratio = $ALES Volume It’s About First Meetings Bridging the Gap Stacy Falconer, Dion Label Printing The Funnel More Sales Quality Ideal Customers Better Relationships Sustainable Success The Gap: What is it? Reasons for the Gap - Target audience not clear - Sales team on their own to find leads - Where are they getting leads? - What are they using to prospect? Good News • The gap does not need to exist! • Marketing can help build the bridge My Strategy Work Smarter Not Harder! The Strategy Step 1: Who Step 2: How Step 3: Identify the “Good Eggs” Steps 4 to ∞: Engage What is a lead? • A person or entity that purchases products or services your company offers Main Take Away Step 1: Who is your best customer • What are your capabilities? • Who is your ideal client? – Size – Location – Market Step 1: Pareto Principle • 80/20 Rule – 80% of sales from 20% of customers Step 1: Superconsumer vs. Heavy User • Packaged goods markets • Superconsumer- Purchases multiple products – Ideal • Heavy- Purchases large volume of few products – Who will be impacted? • Business operations • Customers Step 2: Invest in Yourself • The best lead is the one that contacts you – Interested in your product offerings – Want to be contacted Step 2: Invest in Yourself • • • • • • Website Specific Web Pages RFQ Forms Quick Contact Blog Social Media Step 2: Invest Your Time • Tradeshows • Publications • Social events Step 2: You don’t need to spend $$ • Free or Limited – Organization listings – Exhibitor listings – LinkedIn – Customer referrals – Networking Step 3: The Good Eggs “So much time, and so little to do! Strike that, reverse it.” - Willy Wonka Step 3: Classify • How did they find you? • Where did they find you? • Rate – Opportunity – Location • SIC Code Step 3: Assign • Who is best to handle the lead? • Assign to a sales rep Step 3: Into the funnel! More Sales Ideal Customers Better Relationships Sustainable Success Steps 4- ∞: Engage Prospects • • • • • Website Focused newsletters Success stories Testimonials Social Media – – – – Facebook Twitter Pinterest LinkedIn • Direct Mail • Tradeshows • Publications Learn What to Say Dscoop Session: • Integrated Marketing and Targeted Messaging – Stacy Falconer and Nick Devine Saturday, March 8th 9:00 am – 10:15 am Naples Contact Information Bob Scherer Scherer Sales Solutions P: 262.391.3984 E: Bobts1956@gmail.com Stacy Falconer Dion Label Printing P: 413.568.3713 E: sfalconer@dionlabel.com Thank you! PLEASE COMPLETE FEEDBACK SURVEY Open Forum