Wednesday, March 25, 2015

Is there a single, 'right' way to sell?

Sales Tip
There is no plan, program or technique that's guaranteed to boost sales. A salesperson succeeds with one approach because it’s based on his or her talents and skills. It may fail miserably for another person.

You can gain insights from studying other salespeople’s success. The key is to understand that you must take what you learn and make it work for you, based on your own strengths. 

Monday, March 16, 2015

Twelve Strategies For Creating Better Display Ads

In order for a display campaign to be successful, it must have great creative. In fact, Creative can be the most influential element of a successful or failed display campaign. And because creative is so important, here are twelve strategies for creating better display ads.

HAVE A POWERFUL MESSAGE

While design and layout are important, the message of your creative trumps design every time. Customers need to know what makes you special. Why should they care? What's in it for them? So always emphasize the benefits with a powerful message.

 

 
USE KEYWORDS

When you hear "keywords", you probably immediately think of search engine marketing or keyword retargeting tactics. But don't forget how powerful keywords can be in a display ad. Potential customers will only look at the ad for a few seconds at most. Keywords of the products and services that interest them can grab (and keep) their attention.

 


KEEP IT SIMPLE

Because we have their attention for such a short amount of time, it's essential that we don't try to tell them your advertiser's whole value proposition in the ad. You've heard the phrase "thirty-second elevator pitch." This is more like a three-second elevator pitch (if that!), so keep it short and sweet and to the point.

USE AN EXPLICIT CALL TO ACTION

Call now, click here, book now, buy today... tell the customer what you want them to do. You may be surprised how often they do it. Use action words that are short and descriptive.  Placing the call to action in a button makes it more understood as actionable and it is less likely to be overlooked.

PROMINENTLY DISPLAY BRAND NAME 

If we're honest with ourselves and our advertisers, we've had the conversation about CTR and we all understand that most display ads do not get clicked on. Okay, so then let's play to the strength of display: BRANDING. Be sure customers see your advertiser's brand name or logo. That way, when they have a need for their products/services, they'll think of them and search for them by name.

INTEGRATE MARKETING

Hopefully, your advertiser's display ads are a part of a larger marketing program that includes newspaper, radio, television, and/or direct mail. Encourage them to use the same messaging and themes throughout so that the impact of the display campaign is enhanced by the other things they are doing and vice versa.


 

ENTICE THE CUSTOMER

Use words like "special offer" and "exclusive" to grab the customers' attention and draw them in. They also like to compare prices and rates, so when possible, prominently display those as part of the ad.

* Claims to offers, products and/or services as "free" should be made with caution. The FTC has guidelines regarding the word "free" and similar representations.

KEEP THINGS FRESH

Over time, your advertiser's campaign may get stale. Users may overlook an ad they've seen several times. Freshen it up with new images, messaging or even colors, while sticking to the brand's identity. Don't be afraid to try new approaches.

DELIVER THE GOODS ON THE LANDING PAGE

Be sure that there is consistency between the ad and the page users come to when they click on it. First of all, it should look and feel similar. Colors, images and overall design should match. Secondly, if there is a special offer or a specific product featured in the ad, that offer or product should be easy to find on the landing page. 

 

GOOD DESIGN

Grab the customer's attention with engaging and interesting images and graphics. 
  • Have a focal point. This can be an image, a logo, or the offer or call to action.
  • Color is powerful. Use it to grab attention and encourage action.
  • Fonts should be limited to three or less. Avoid script and small fonts.
  • Use white space between design elements.
  • Do not sacrifice clarity of images for smaller file sizes.
ANIMATION

Don't use animation just to use it. Make it strategic. Use it to tell a quick story or to highlight the benefits of your offering. Don't wait until the last frame to tell your primary message or place your call to action. Viewers may miss it. 

 
USE SEVERAL DIFFERENT SIZES

While the classic "square box", "skyscraper" and "leaderboard" are a good starting point, always include mobile (including apps) and Facebook ad creative for more opportunities to reach customers no matter how they access the web. 


BONUS: MOBILE

Never "shrink" traditional ads to mobile sizes. Instead, simplify the ad creative to highlight fewer elements on a smaller canvas. Often one image (logo or product) and a benefit and/or brief call to action is all that should be used in smaller, mobile ad sizes. 

 


Monday, March 9, 2015

1 Million B2B Sales Jobs Will Vanish by 2020


emptydesk

So what role does the salesperson play in the new B2B buying journey?The trend can't be ignored any longer: Buyers are more informed and self-sufficient than ever before. They can do all the research they want about a particular product or service on the company website, and even buy online if the option is available.
This question was the topic of Andy Hoar's presentation at the 2015 Forrester Sales Enablement Forum. And the principal analyst didn't shy away from dropping the bomb that his research indicates is on the horizon. 
Of the 4.5 million B2B salespeople in existence today, "we believe one million jobs will be net displaced by 2020," Hoar said.  
However, not all types of B2B salespeople will be impacted equally. Hoar identified four main seller archetypes, listed in order of representation in the overall population:
  1. Order takers: Salespeople who work with a non-complex buyer dynamic and non-complex product or service.
  2. Navigators: Salespeople who work with a complex buyer dynamic and non-complex product or service.
  3. Explainers: Salespeople who work with a non-complex buyer dynamic and complex product or service.
  4. Consultants: Salespeople who work with a complex buyer dynamic and complex product or service.
Of these personas, order takers are projected to take the biggest hit in jobs lost, according to Hoar. 
"Order takers are in the cross hairs, because if [a buyer] knows what they want and they're ready to buy it, just give it to them," he said. "Enable them to buy it -- don't create friction." These salespeople stand to be displaced by self-service portals.
Explainers are the second most at-risk group, thanks to sophisticated company websites. "If you look at really compelling websites, they provide things like how-to videos, detailed facts, and user-generated content," Hoar said. "So as technology gets better at explaining things, we don't need humans to explain any more."
Navigators will take a small hit due to the rise of tools and integrations that streamline procurement. While 91% of B2B buyers in a Forrester survey said they would like to interact with a salesperson on price negotiations, Hoar said he sees "a clear trend toward software and algorithms doing more of that." 
But there was one bright spot -- the consultant category is expected to grow instead of shrink, according to Hoar. 
"Consultants are a qualitatively different bunch of people," Hoar said. "They can explain abstract concepts; they can solution sell; they can build relationships. They're true consultants."
So while this research doesn't spell the demise of all salespeople, it certainly puts a date on the death of the traditional salesman. What should companies do to mitigate the impact on their sales teams?
Hoar offered a few suggestions. First, he recommended scaling back on field sales in favor of inside and online models, especially in the "order taker" category. 
In addition to changing sales models, he also suggested reexamining business models. "The reality is a lot of B2B companies we talk to are getting out of the product business entirely -- they're now doing services," he said. Lastly, he advised that organizations embrace technology and adopt new tools to radically alter their sales operations. 

As for individual reps? "Not everybody's going to make it," Hoar acknowledged. While much of the burden of reskilling salespeople falls on companies in the form of reimagining sales and marketing processes, salespeople would be smart to start tweaking their personal techniques today. Your job might depend on it.