1. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 1 Multi-Product Selling Kathy Geiger-Schwab Executive Vice President

2. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 2 – 2038 Employees – Call Center, Telephone, Field, Major Account, Internet and National Sales Channels – $1.3 billion in revenues – 37 offices in 39 states – 827 directory editions – 35M Total directories distributed – Over 1 million advertisers Established 1910 – Dayton, Ohio Founder L.M. Berry sold advertising on the back of train schedules Grew from a modest experiment in advertising into the largest Yellow Pages Sales Agency in the world

3. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 3 Sales Agent 881 Employees (189 field reps, 163 TS reps, 33 call center TS reps, 13 on-line TS reps) 9 Divisions 300 Directories YP, WP, Niche IYP, Local Search, YellowPages.com Sales Agent & Publisher 887 Employees (183 field reps, 136 TS reps, 16 call center TS reps, 8 on-line TS reps) 8 Divisions 527 Directories YP, WP, Niche IYP, Local Search YP National Sales Agency 180 Employees 550+ Clients (Direct/Agencies) Knowledge - Transfer Clients: International - NTT Directory Services - World Directories - Sutter Grüppe - Findexa -Sensis Domestic -Wood County Telephone Co. -AAA Cincinnati / Hartford -North State Communications - Shentel Internet Services - IYP development -Web Site Development - Banner Sales -Local Search -Keyword Optimization - Site Tracking and Measurement SCA South Central Area BellSouth Region ILOB Independent Line of Business IntelliVentures Lab -Online R&D -Tracking & Measurement

4. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 4 Multi-Product Selling vs. Single Product Selling To multi-product sell or not multi-product sell comes down to a few key issues: –Cost of sales –Skill level of the sales force –Advertiser demands –Support systems –Sustainable revenue growth –Products/Services involved “We have a wonderful sales channel to medium and small businesses- shouldn’t we leverage it?”

5. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 5 The Focus is on the Rep and the Advertiser Culture History Segmentation Teams Canvass Management Sales Ally Spartan Access Multi-product Selling Continuity of Contact Product SME Print IYP Local Search Canvass Support User Marketing Customer Appreciation

6. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 6 Cost of Sales The goal of any sales organization is to: maximize the revenue output vs. the manpower invested –Multi-product selling maximizes this formula –Places higher demand on sales training and sales management –Smaller more efficient sales force can be utilized –Less competition for revenue between sales channels –Complete directional media decision can be made –Higher advertiser satisfaction if products/services are related

7. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 7 Skill Level of the Sales Force Understanding how the complete product set works together is key –Train, Train and re-train!!! –Discovery/Fact find stage is crucial to identify appropriate products to recommend –Matching product bundles to classification/industry needs and the appropriate sales channel –Higher revenue increase and advertiser retention with solution sale

8. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 8 The Right Productivity Important Time Spent with a Customer Steps of the Sale Fact Finding Overcoming Objections Fact Finding Overcoming Objections

9. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 9 Advertiser Demands Advertisers have become weary of multiple sales calls by multiple sales reps to fulfill their advertising needs –Efficient sales call required –One-Stop buying opportunity valued –Solutions selling is the goal

10. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 10 Support Systems Management and administrative support of multiple single product sales channels impacts revenue production Marketing must be able to effectively support the sales effort via value selling messages, bundles, ROI tools, keyed ads, and pricing structures to stimulate growth Multiple single product sales units complicates campaign management and where to place responsibility for underperformance

11. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 11 Sustainable Revenue Growth When an advertiser is ready to buy, be sure to sell everything he needs –Maximizing customer interactions –Offering a total directional media solution –Dramatically increases incremental percentage increase –Can leverage follow-up contact to handle “administration” of sale.

12. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 12 Incremental Increase Driven by Multi-Product Selling Products Purchased # of AdvertisersAVO Incremental % of Increase Print 6245$4,710 Print & Internet 768$12,602268% Print &Niche Product 216$15,030319% Print, Internet & Niche Product 106$20,420434% Based on 3 major markets

13. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 13 Berry’s Approach Local and regional accounts are multi-product sold by telephone, field sales, and major accounts National accounts (multi-location, multi-book advertisers) are sold by a separate channel who can dedicate time to the longer sales cycle and sophisticated needs of this target. Year-long multi- product solutions are always sold to National accounts

14. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 14 Berry’s Approach (cont’d) Call center telephone reps call on low potential headings or small markets primarily selling print, but seeking opportunities for on-line sales Our Cyber Reps sell internet products only, generally in the final weeks of the sales campaign Ramping up dedicated IYP/Search sales channel

15. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 15 Sustaining a Multi-Product Approach Reps must be trained on proper discovery/fact finding Product training and matching products to advertiser needs is vital Clear definition between channels is important Product bundling and combined price recommendations increase penetration

16. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 16 Sustaining a Multi-Product Approach (cont’d) Sales visuals that sell the entire package and support the value of a complete directional media investment (ROI, keyed ad and online measurement figures, industry impact, etc.) increase sales rep proficiency, credibility and advertiser acceptance Productivity levels and challenges must be constantly measured and monitored

17. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 17 Critical Success Factors Traffic/Value Story –Distribution Relationships –Capture and Communicate the story –Understanding there’s more to Value than the “click” Simplicity –Easily understood for Rep and Advertiser Rep buy-in –Training –Compensation

18. Private/Proprietary/Secure. Contains private proprietary information. May not be disclosed outside of The Berry Company except by written agreement. © 2005 The Berry Company, a division of Bellsouth Corporation Inc. All rights reserved. 18 Thank you