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Bridging the Gap: Sales and Marketing Stacy Falconer, Dion Label Printing Bob Scherer, Scherer Sales Solutions
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Today’s Focus It’s all about the Sales Funnel –Bob Scherer Bridging the Gap –Stacy Falconer
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Goals Value of selling to qualified leads Understand your “ideal” customer Method for qualifying leads Increase sales Build relationships
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Bob Scherer, Scherer Sales Solutions It Is About The Funnel!!!
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5 Profitable Hiring At Dscoop7
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6 The First 90 Days At Dscoop8
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7 Assuming you have right people Assuming people are trained properly
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A One Two Punch …. Marketing and Sales 9
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The number one reason for sales failure is not being involved with prospects when they want to buy! The Number One Problem
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The Secret “Sauce” 11
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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 12
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Warm Leads Customer
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It Is About The Funnel!!! First Meetings Info Phase Decision Point Close Customer Gain Interest by Selling Value Prospects Overload Multiple Touches Trust Timing
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Sales Growth Formula 15 First MeetingsClosing Ratio$ALES = +
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Sales Growth Formula 16 First MeetingsClosing Ratio$ALES Volume = +
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Sales Growth Formula 17 First MeetingsClosing Ratio$ALES Volume = +
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Sales Growth Formula 18 First MeetingsClosing Ratio$ALES Volume = +
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Sales Growth Formula 19 First MeetingsClosing Ratio$ALES Volume = + It’s About First Meetings
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First Meetings – The Missing Metric How Many In Calendar? How Many Needed? Who Sets Up? Competition? Conversion %? Source? 20
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E-Telemarketing Cures… Lack Of First Meetings –Sales Team Does Not Prospect –Time –DNA –Desire –Low R.O.E. Poor/No Follow Up –Tools –Attitude –Environment 21
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Cost Of Prospecting Avg. Cost Per Dial $5.10 Cost Per Connection $68.00 10.7 Hours Dialing/Meeting Tele-Broadcasting Saves >60%! $300-$400/Sales Ready Lead Not Selling Lost Opportunity Dollars 22
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Key To Long Term Success More Touches The More They “Get” Value The More They Trust You Stay in Touch More Likely To Be There At Right Time 23
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The Process Eight HTML Emails Complaint Database E-Telemarketing Biz Video Web Site Visitor ID Regular Reports Lead Nurturing Coaching 24
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Does Anyone Open Their Emails No One Opens All Emails But All Of Us Open Some Open Based On Subject Line Don’t Need To Sell All Just Those With Interest … NOW! 25
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Let’s Look At The Numbers 5,000 Compliant Contacts Eight Mailings Monthly –40,000 Touches Assume 1/10 Of 1% –Equals 40 Sales Ready Leads/Mo. Assume Opens @ 2% –800 Visitors –Visitor ID 26
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System “Secret Sauce” Prospect Scoring No Open - Ok Track Opens & Clicks –Prospect Behavior Repeated Opens Better Several E Mails Opened Open & Forward Great! Call Hot Prospects –CCG Team –Your Team 27
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Will This Work For You???? Cost Of Non Contested Deals Complete Worksheet Fifteen Minutes 28
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Sales Growth Formula 29 First MeetingsClosing Ratio$ALES Volume = + It’s About First Meetings
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Bridging the Gap Stacy Falconer, Dion Label Printing
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The Funnel Quality More Sales Ideal Customers Better Relationships Sustainable Success
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The Gap: What is it?
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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?
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Good News The gap does not need to exist! Marketing can help build the bridge
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My Strategy Work Smarter Not Harder!
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The Strategy Step 1: Who Step 2: How Step 3: Identify the “Good Eggs” Steps 4 to ∞: Engage
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What is a lead? A person or entity that purchases products or services your company offers
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Main Take Away
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Step 1: Who is your best customer What are your capabilities? Who is your ideal client? –Size –Location –Market
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Step 1: Pareto Principle 80/20 Rule –80% of sales from 20% of customers
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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
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Step 2: Invest in Yourself The best lead is the one that contacts you –Interested in your product offerings –Want to be contacted
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Step 2: Invest in Yourself Website Specific Web Pages RFQ Forms Quick Contact Blog Social Media
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Step 2: Invest Your Time Tradeshows Publications Social events
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Step 2: You don’t need to spend $$ Free or Limited –Organization listings –Exhibitor listings –LinkedIn –Customer referrals –Networking
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Step 3: The Good Eggs “So much time, and so little to do! Strike that, reverse it.” - Willy Wonka
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Step 3: Classify How did they find you? Where did they find you? Rate –Opportunity –Location SIC Code
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Step 3: Assign Who is best to handle the lead? Assign to a sales rep
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Step 3: Into the funnel! More Sales Ideal Customers Better Relationships Sustainable Success
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Steps 4- ∞: Engage Prospects Website Focused newsletters Success stories Testimonials Social Media –Facebook –Twitter –Pinterest –LinkedIn Direct Mail Tradeshows Publications
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Learn What to Say Dscoop Session: Integrated Marketing and Targeted Messaging –Stacy Falconer and Nick Devine Saturday, March 8 th 9:00 am – 10:15 am Naples
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Contact Information Bob Scherer Scherer Sales Solutions P: 262.391.3984 E: Bobts1956@gmail.comBobts1956@gmail.com Stacy Falconer Dion Label Printing P: 413.568.3713 E: sfalconer@dionlabel.comsfalconer@dionlabel.com
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Thank you! 53 PLEASE COMPLETE FEEDBACK SURVEY
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Open Forum
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