Surviving The Sales And Marketing Ice Age: How To Diversify For Your Survival
By Martin Wales, Customer Catcher Institute
In my opinion, all the excitement and fear around do-not-call regulations is
stimulating'it's about time everyone got a kick in their lazy marketing
butts. If you rely on telemarketing to source your latest prospects, then
it's time to create multiple streams of leads and revenue.
The telephone remains the best tool for cost- effective sales and marketing,
but why should outbound telemarketing be the heart and soul of a marketing
plan? Facing an $11,000 fine per violation is a huge wake-up call. However,
like the Western approach to medicine, many are just looking for a new pill
to suppress the symptoms instead of wisely concentrating on 'wellness' of
the body. You need a healthier marketing lifestyle, my friend.
What intelligent marketers would let any one tactic's limitations or its end
mean the death of fresh leads or even their business? Apparently, there are
some less savvy marketers out there. The whining, yelling and screams are
coming from the dinosaurs with their feet caught in the tar pits.
This is unexpected? Come on! Where have you been? Over the years, especially
in the business-to-consumer market, we've all personally experienced the
widespread abuse of the average consumer with invasions of the dinner hour
and beyond. How can you be mad at a telemarketer selling you windows at
supper and then go to work the next day only to ask your agents to use the
same interruption technique to phone basically unqualified prospects and
sell them financial services?
'Extinction' is coming for the weak marketers at the edge of the herd. The
Ice Age for us is the growing and sustained attitude of the anti-e-mail
backlash. As a result of continued spam rage and sheer volume, the now
daunting e-mail filters stop even legitimate e-mail correspondence. Some
estimate that only 30 percent of e-mail gets delivered. Hell, if connecting
with clients is a hassle, you're certainly going to need more options and
effective means for unearthing new prospects.
Ah, the chaos and the opportunity. There's some worthy, ancient Chinese
quote in there somewhere, but let's just skip the warrior quotes and stick
with the evolution of your business instead. Your business CAN be one of the
strong that survive.
Diversify And Thrive
There are many simple, affordable and easily applicable strategies and
tactics that you can use today in your company.
If you want to reduce the risk of breaking any rules, even accidentally, and
avoid those horrendous (almost ridiculous) do-not-call fines, then it's
probably wise to take a quick look at alternative strategies to increase
your inbound calls.
So, what CAN you do to get more people using your inbound call centers or
contacting your sales people directly? The answer? A lot.
Alternative Strategies To Increase Your Inbound Traffic
First I should say that as inspirational as this all might be, you should
not, of course, consider this information as legal advice. You should seek
legal counsel from your personal or corporate attorneys regarding the
federal or state do-not-call laws or the upcoming federal Can-Spam Act
regulations for your specific situation or requirements.
That said, new breakthroughs are not necessary to avoid telemarketing fines.
What is needed is a common-sense approach which, of course, is NOT common.
Companies pay lip service to many marketing strategies and execute them
miserably. You must multiply your marketing potential in the face of a
highly disgruntled and defensive population. The do-not-call situation is
today's motivation.
There are two general areas to address. The first is to improve your
handling of current inbound calls by utilizing your existing resources to
encourage repeated inbound calls. The second involves adding or increasing
your efforts in other areas that create or lead to inbound inquiries. It is
possible to reach as many prospects as outbound telemarketing with the
following alternatives and to reap as much success.
Improve Call Center Marketing
Make it easy for customers and prospects to call you. Use toll-free numbers
frequently and feature them prominently on all of your marketing and
communications. This means everything, from sales brochures to your Web
sites and in your direct mail and public relations material. Encourage your
distribution and sales channels to give out your telephone numbers, as
appropriate. The biggest failure in this area has been to ensure that
they're functional from all geographies and to regularly check on their
operating status.
Increase Your Attention To Customer Service
Treat the inbound calls you already get like gold. More training is always a
good investment, especially when you maintain call centers. Even if you
handle calls via a sales force, or even personally, consider the value and
cost of each one. Improving customer service skills leads to more new
business and happier clients that refer you to new opportunities.
Use Your Own Industry's Innovations!
Remain committed to decreasing hold times by doing a better job with
computer-telephony integration (CTI). Aren't you tired of repeating your
account numbers after having just punched in 16 digits plus your birthday,
zip code, social security number and mother's maiden name? I am.
Knowledge-based routing is perfect for making sure that your callers get to
the person who is most capable of helping them the fastest based on their
knowledge and experience with the issue or problem being addressed.
Integrate Web-based services and information to support your agents and the
callers. Finally, be sure to check out the latest advantages speech
technologies have to offer.
Create And Keep Stronger Relationships
When you get a call, start building a relationship immediately. It only
takes seconds with the right tools and scripts. The argument of shorter
versus longer call times favoring cost instead of quality should be over.
Give out direct phone numbers or extensions. It's comforting to a customer
when he or she is given direct access and names to call back. This is
shocking, I know. When a customer gets the same person on the line twice, he
or she is more likely to perceive that the company is really in business for
the long haul. Dealing with the same contact, over time, builds prospect and
customer confidence.
Stay In Touch
Another tactic is to schedule more follow-up calls; e.g., 'I'll plan to call
you next week, just to make sure everything's okay.' A bank did this with me
after I signed up for a new premium credit card. I was impressed (after
picking myself up off the floor).
Upsell And Cross-Sell
Aside from Time-Life and other larger direct marketing companies, most fail
miserably at introducing additional products and services to existing
clients. When a client calls in about one issue, upsell and cross-sell that
person! Even if it's a complaint call, you can appease the cranky customer
with a free sample of another product, in addition to correcting the
problem.
Make CRM Number One
Without writing a book on customer relationship management (CRM), you must
apply it throughout your organization. You don't need expensive software or
long-winded consulting on it. The bottom line comes down to the combination
of the golden rule of 'treat others as you wish to be treated' and make the
customer the center of all activity and policies.
A CRM strategy and policy should be implemented at all levels and in all
departments. General suggestions include increasing your frequency of
customer contact and collecting more data, a bit at a time. Analyze and
segment your prospects and customers and then apply this acquired knowledge
for trends, patterns and desires. If you're already doing CRM, then review
your CRM system design and application for improvements. A good CRM program
will also help you defend yourself against do-not-call complaints to verify
permissions obtained and a 'paper trail' of your existing relationship.
Change Your Marketing Philosophy
Attraction marketing has been presented for several years now as a
friendlier and less invasive form of prospect communication, yet it has
neither been embraced nor done well. 'We do White Papers' is the first
meager defense. Yes, attract people with helpful information, but then get
their permission to stay in touch and keep providing them with value before
they ever pay you a penny. You should find and devour Seth Godin's book,
Permission Marketing, if you're unfamiliar with this philosophy.
Revitalize Your Sales Channel And Field Force
If you have an existing sales channel and people on the road, then they
should be a well-used and well-loved force. Over the past decade,
manufacturers have mistreated and even dismantled their own sales channels.
Re-evaluate your strategy. Support your channel and give VARs the respect
they deserve. They can only pass it along to the people who pay all of us '
the end users.
Make It Personal
Business has become so 'professional' and e-mail-based that it has lost much
of its personal touch. Get yourself and others out from behind computers and
start smiling and shaking hands again. Exchange business cards at networking
events, conferences and trade shows. Encourage executive-level participation
more frequently. You stand out today if you're simply warm, friendly and
approachable over the phone because prospects and customers want emotional
connections. The human desire is a strong sales catalyst.
All Hands On Deck!
Develop a strategy encompassing ALL departments. Even if you're small,
integrate all your processes. Every department is a marketing department.
Customer service, technical support, shipping and receiving and accounting
should all have sales-oriented and relationship building goals. Introduce
new products with your invoices. Train every employee to give out your
contact information and their business cards. Technicians and accountants
should be running out of business cards as often as salespeople ' because
they ARE salespeople, too.
Use Allied Forces
Use the existing relationships of others to have them introduce you to their
client bases for new business. Acquire more allies in new channel partners,
VARs, distributors, suppliers and partnerships, even through mergers and
acquisitions. Find out more about co-marketing and joint ventures. These
similar but different tactics are incredibly powerful yet remain
inadequately used or applied.
Leverage Industry Trade Shows And Conferences
Yes, the retail-type trade shows, like Comdex, are diminishing. They grew
during fat, rich times when we could all be stupid. Smaller, highly focused
events are excellent venues when you are selective, attend with a plan and
have some pre-arranged appointments. The repeated fault of those with booth
displays is their complete reliance on the show's management to promote the
show. Take responsibility and pre-market yourself before the conference, not
just at the conference.
Improve Advertising Effectiveness
Like CRM, it takes a book to discuss this issue, but within the context of a
check list, you must revisit the effectiveness of your current advertising
and your agency, if you use one. It is not hard to find ads that are bad
based on their poor messaging, lack of motivation for a prospect to call or
their assumption that we know who the company or product is or even if we
care.
Try the Direct Approach
Direct response marketing is a phenomenal way to know if your marketing is
working and if you're selling, while encouraging those inbound calls. Choose
and test various methods from direct mail and e-mail to display or insert
advertising. Even if television or radio is appropriate, make sure you build
in a direct response mechanism that allows you to MEASURE their pull and
that can be worked into your CRM system.
Learn How To Promote
Here's a piece of wisdom for you'many advertise, but few promote. The ad
industry is a graphic decorator's paradise and fool's gold for marketers.
What little promotion that is done is usually based on 'price' to goose
sales at the end of a quarter. This just trains everyone to abuse you and
negotiate you out of your profit until you're a brow-beaten commodity. To
solve this problem, all I can recommend is for you to grab hold of and read
P.T. Barnum's biography. Promote in other ways that present high-perceived
value and service that really cost little to provide. You should also use
co-promotion with your new allies.
Speak UP
Networking is NOT just attending an event. Attend more events and
participate! Do what you have to, whether it's as the host, sponsor or
speaker (do them all) and use your most dynamic, outspoken people, not just
your boring, professional ' although presentable ' executives or managers.
For marketing purposes, not all great leaders are the speakers for
motivating prospects to take action.
Relate To The Public
Public relations remains the most misunderstood and under-utilized, yet most
potent, marketing weapon ever. Become more strategic in your use of public
relations. Use it to build credibility and confidence with your prospects
and customers rather than an item on your to-do list when someone gets a
promotion or you release a new product version'yawn! Dedicate your company
to a consistent effort so you're continually presented in the media as a
business leader, community participant in your industry or city, innovator
and a specialist with answers related to current events and problems. The
biggest problem here is putting out media releases that are NOT news or
newsworthy.
Publish
Publishing today has never been easier. Put your expertise out there in all
forms possible. Educational information that is content-rich and provides
some step-by-step directions to get started on a project are valued and can
even be sold. You can start with an 'e-zine,' a Web log (called a 'blog'),
forums or a user's group through your Web presence. Publish articles to your
VAR and dealers' association and become a resource center for your clients
with various forms including a mini-portal site, or 'vortal,' and free
articles on your sites. Check out how you can trade content with
complementary product or service providers and suppliers and, if you're
confident in your material, post it to a syndicate for distribution. The
latest and easiest form of publishing is using Audio Marketing (www.audiomarketingcoach.com)
and Internet radio (www.wsradio.com). Large organizations, like eBay, are
expanding their use of audio marketing this year. Also look for news from
industry trade publishers.
Convert Online Visits Into Offline Relationships
The Internet is fabulous for increasing communication and attracting new
leads and inbound calls. But the majority gets a failing grade for using the
Internet to build and sustain relationships. Do you use the mantra of
monotony from moneyless organizations? 'Download our White Paper and someone
will call you,' and no one ever does. Or, when they do call, it's a hard
sell? No thanks.
Become more educated about Internet marketing and use it more strategically.
Do generate leads and traffic with a combination of pay-per clicks, search
engine optimization, URL selection, opt-in co-registration services,
banners, links, etc. Close the loop, though, by inviting your Web visitors
to call you and get personal attention from a warm-blooded, friendly human.
Avoid hiding behind e-mail, Web pages and self-service downloads.
Learning To Make Fire
Simply put, the best method to avoid calling the wrong number is to have
your clients, customers and prospects call YOU. The current do-not-call and
anti-e-mail environment can be a blessing for your company's evolution in
the long term, if you're willing to be flexible and work on strengthening
all your marketing muscles. Your competitors may not be able to adjust to
the Ice Age, which leaves you to become the profitable winner at the top of
the food chain.
Martin Wales (www.customercatcher.com) is a business development expert,
technology marketing specialist and a marketing columnist for TMCnet.com.
You can profit without pain! For free tips on attracting more customers and
spending less to do it, visit www.customercatchertips.com.
For information and subscriptions, visit
www.TMCnet.com or call
203-852-6800.
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