Posts tagged sales and social media
The customer is the customer. Adapt or die.
Dec 14th
I’ve had a variety of sales jobs in my career and have dealt with some great people … and some world-class jerks. Not just difficult and demanding people, but unethical, bullying, liars at Fortune 100 companies.
One time, a powerful VP demanded that my company buy-back $1.2 million of our material due to a cosmetic issue that did not affect the performance of their end product. In fact, the defect would not even be visible to their consumer. It was a dicey situation. Yes, we were “out of specification,” but this was also going to be a painful financial hit for my company. It was like being ticketed for going 56 miles per hour in a 55 mph zone.
In the end, we paid an $850,000 claim for the products that were made from the defective material.
I later found out this VP secretly sold the defective products to his customer any way, simply adding our claim payment to his bottom line (and annual bonus payment) through some accounting jujitsu. My customer loved bragging about his cleverness to demonstrate the power he could wield over my company.
The dude was eventually fired for this type of behavior, but that did little to comfort me when I still had to work with him every day. And yet, I really had no choice but to take it or quit. This guy was personally responsible for the acquisition of $1.5 billion of my company’s products — at that time, 10 percent of my employer’s total revenue! I had a one-line job description: Don’t lose the account.
I knew that I would only be in the sales position for a few years at the most, so I decided to weather the storm and approach the challenge patiently and calmly, as long as my own ethics or any laws were not compromised.
I realized that the customer is NOT always right. But the customer is always the customer. I was the one who had to adapt to survive and compete.
Fortunately, this is an extreme example but the point is, we can’t always demand that a customer — even a really bad one – change to conform to our needs and processes. Only we can change to adopt to the customer’s needs … or, if it gets too bad, quit.
Understanding this wisdom is difficult but a key to success in a fiercely competitive world.
This story came to mind because last week we had a debate on {grow} about the customer demands for rapid online service, even from hotels, restaurants, and other providers who are on the “value” end of the product line. This is an unfortunate development but they really only have one choice: Figure out how to adapt to the customer service needs AND maintain a low cost structure. They’re not going to be able to dictate customer expectations and still compete in the long term.
I’m currently working with a supplier that is imposing new processes that will take up more of my time and dramatically hurt my cash flow. As a business partner, I want to cooperate and make the whole “system” better, but when I point out that their service levels are declining and the value of these new processes seems to be flowing in only in their direction, their response is defensive instead of responsive. And you know … they might be right and I might be wrong. I’m not perfect. But I’m still the customer.
They may get away with it for awhile if the switching costs are high, but in general the information flow of the web has dis-intermediated many traditional competitive hurdles. It’s easier than ever to find new suppliers for most goods.
In the end, all of us who have to compete for a living know we have just one true source of competitive advantage –
LISTEN to our customers more intently than our competitors,
DISCOVER un-met and under-served needs, and
RESPOND more rapidly and effectively.
That’s it. The customer is the customer. Adapt or die. Right?
A process to connect social media, content marketing and sales
Apr 20th
By Neicole Crepeau, Contributing {grow} Columnist
You’ve probably heard the term “content marketing.” You’ve certainly heard of social media. How do these two trends fit together in your sales and marketing plan?
Here’s a method you can use to determine where content and social media fit into your online sales strategy. Let’s start with your good ol’ sales funnel. These vary somewhat by company, but here’s a typical B2B sales funnel showing the steps a customer typically experiences:

Once you’ve documented your sales funnel, look at the customer touchpoints where your website is important. Your website is usually the hub of your online strategy. Determine where the user is likely to interact with your website.

Next, look at where content can provide a good touchpoint. Remember that content can be distributed allowing the customer to discover it in their own online contexts. Assuming you can reach customers at the various points in the sales funnel, where can content add value?

In this case, content could be valuable in the early stages of the sales funnel, to make customers aware that there are solutions to their business problem. It can also be useful when customers are trying to get buy-in for a purchase, doing detailed research, and during the demo or trial process.
Now, let’s see where social media/social interaction can play a role in the sales process.

Online social contact, not surprisingly, can be helpful at all stages of the sales funnel.
Now you know where the different elements can contribute to the sales process. Let’s look at how they can contribute–keeping in mind the basics:

Compared with content and websites, social engagement is obviously the most personal type of online contact with a customer. It often takes the form of a conversation. Your website, on the other hand, is the least personal form of contact.
At the same time, social media tends to be the least self-promotional. It’s generally frowned upon when companies promote themselves strongly on social media. It’s perfectly acceptable to promote your business and your products on your website, however. It’s both expected and accepted.
Given these caveats, here’s how you might try to leverage content and social engagement in your sales process:

Awareness. At the top of the funnel, you can be present in communities where customers are talking about their business problems, and use social media and content to make them aware that products and services exist. Of course, that means walking the line of self-promotion. You need to be a little more hands-off and neutral when informing customers through social media and content.
Early research. At these early stages, you can try to move the customer to your website through both social communications and content. You use both social contact and content to give basic information about your products and services, the kind of information a customer at this stage of awareness can best benefit from.
Buy-in and short-listing. When the customer is getting buy-in to make a purchase, you can provide support and information. You can develop content that provides data, arguments, case studies, or executive summaries the customer can share with decision-makers. The idea is to specifically target the decision-maker and provide content developed for that person, who may not be the same as the person who discovered the content. On the social side, you can be present and responsive, answering questions that arise.
Likewise, at the short-list stage, you can be available to answer questions, direct the user to appropriate information, and otherwise assist in that decision.
Research and demo. Obviously, the research stage is one that can benefit from a rich set of content and strong social connections. One goal may be to encourage the customer to try the product. If the user demos or downloads a trial version, you can be available to answer questions, provide support, and address any problems. You might want to develop supporting demo content or data sets for specific verticals or roles.
Purchase. Of course, you want to be available before and during the purchase process to make sure it goes smoothly.
That’s how you can use the sales funnel as a way to evaluate the role of content and social media in your sales process.
Of course, there are other tools to use as well, and lots of work to do after this. You’ll need to research your audience and segment them, in order to develop targeted content and social offers. You’ll need to update the website to support these touchpoints, at a minimum creating landing pages to support your content and social strategy. Ads and email may be added to the mix. Etc. However, identifying these customer touchpoints and the methods you’ll use to integrate content and social media can provide a solid start to your planning and form the basis for your work.
P.S. If you prefer to consume your content via video, here’s a video tutorial of this post:
Neicole Crepeau is a partner in Coherent Interactive, which specializes in web, mobile, and social media design and implementation for small and mid-size businesses. You can read more of her original material at her blog, Coherent Social Media or on Twitter where she is @neicolec.







You’re in marketing for one reason: Grow.
Grow your company, reputation, customers, impact, profits. Grow yourself. This is a community that will help. It will stretch your mind, connect you to fascinating people, and provide some fun along the way. I am so glad you’re here.
-Mark Schaefer

