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Hot Topic: Spotcheck - does your gun fire blanks?
Before you have a chance to deliver your sales pitch,
your prospective customer is likely to have looked at your company
website -will he find that the sales and marketing collateral scheme
you designed several years ago is still relevant? This is one of
the key weapons in your sales and marketing arsenal and is often
the most neglected. It's not surprising that this should be the
case. Once the production mechanism has been established, it's left
pretty much alone for years. Here are four good reasons for dusting
it off and taking a fresh look at it:
1. there's a new person in the job
2. the business has devised a new strategy (or sometimes one has
been imposed)
3. the company that produces your collateral has become careless
(perhaps because the process is not scrutinised)
4. marketing communications is centralised and the local budget
needs to be trimmed
I'm sure you all know the "in-tray exercise" where you
divide all your tasks into piles that are either urgent or important.
Collateral is one of those tasks that always make it to the important
pile but seldom rises to the top of the urgent pile. By the way,
the usual outcome of the exercise is to realise that you spend most
of your time doing work that is urgent but not important! OK, so
we all accept that collateral is important, since there is absolutely
no point in putting the sales team into the field, properly armed,
but with the wrong kind of ammunition.
At Cambashi, we believe that more than 3 years between
strategic reviews of a key marketing process is far too long. We
know that the markets and our customers' value indicators change
much more frequently. The sales team, and the climate they sell
in, should be the drivers. Many experts have written on the subject
of collateral and most sales and marketing managers and practitioners
can point to their preferred pundit. The problem is that, once established,
the collateral production process is seldom critically reviewed.
There are various categories of collateral, e.g.product
data sheets; company profiles, position statements, thought leadership
white papers, etc. The advent of the web has changed the relative
importance of these different categories. Some may no longer be
relevant. However, customer success stories remain one of the most
valuable collateral types. They can be handed around by our friends
in the prospect company to members of the decision making group
that we can't even get to visit our website, let alone us.
Although some companies do this extremely well,
and consistently, for others it remains a continuing challenge.
Our research for the last 20 years confirms that what people value
most is the insight that is provided by reading and learning about
the experiences of other people who have faced the same challenge.
We've put together a simple self-assessment checklist
with a scorecard and explanatory
notes which you can print off our website.
There are a number of ways that you can
use this. Of course, if you would really like to do some benchmarking
against your peers, then please contact me. However, you can also
print it off and do the exercise off line. If you have strong nerves,
you could wait for the next sales meeting, ask your sales team to
complete it, and then invite your marketing manager along to hear
their views!
Bob Brown
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Also in this issue . . . .
Cambashi researches best practice
and assists IT suppliers in best practice implementation. For more
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