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The Center for Sales Strategy Blog

Mike Anderson

Mike Anderson

Recent Posts by Mike Anderson:

The Flip Side of CRM: Vendor Relationship Management

Vendor_Relationship_ManagementWe’ve all heard of Customer Relationship Management (CRM), and most sales organizations are using CRM software of one kind or another. One intent of CRM is to make sure no clients or prospects “fall through the cracks.” It’s a neat piece of software that helps the sales team make sure they are calling on prospects with sufficient frequency, suggesting upsell opportunities, and learning the buying cycle of existing clients. Sometimes the CRM system can even automate the process of corresponding with the customer. 

And now, many of those customers are automating their vendor relationships.

Have you experienced “Vendor Relationship Management?” If you’ve been stung by any of the following practices, you’ve run into VRM: 

  • The human gatekeeper who is paid, in part, to protect their executive from most “typical salespeople.”
  • The habit of sorting quickly through traditional mail or email, swiftly discarding anything that is from an unfamiliar sender.
Topics: Digital

6 Immutable Rules of Communication in the Age of Content Marketing

Recently, someone sent me an article about the new features within LinkedIn that are designed to help companies publish on the web. In the subject line of the email was this statement:know_the_rules

“Everyone's doing it!” 

Didn’t your mom and dad talk with you about peer pressure when you were in high school, or even earlier? Sure, they were probably talking about illicit activities like drinking, drugs, or promiscuity, but the point applies to blogging and other forms of content marketing: just because everyone else is doing it doesn’t mean you should. 

“Everyone is doing it” is not a reason you should get into content marketing. It’s the reason you should take it very seriously, and do it really well.

Let me be blunt about this. Because so many companies are publishing, it is impossible for all that content to be consumed. Picture a room filled with dozens of people who are talking, while only a handful of people are listening. The folks who are pumping information out (publishing) are literally overwhelming the poor folks who are taking information in (listening). 

There can only be one result: A good number of the people who are talking are being ignored. To avoid that fate, consider these six immutable rules of communication in the age of content marketing:

1. Don’t just talk. Listen.

Topics: Digital

Sales Hunter, Farmer, Trapper: Which One(s) Are You?

Sales_Hunter,_Farmer,_Trapper__Which_One(s)_Are_YouNot long ago, we published a post here about the three archetypes of salespeople:  The sales hunter, the sales farmer, and the sales trapper.  In a way, the article prompted people to decide which type they most closely resemble: 

The Hunter:  Sellers who pursue their prospects like a lion might give chase to its prey… singling-out one account they’d like to land and then running after it as hard as they can.

The Farmer:  Account managers who realize the importance of nurturing and feeding their client relationships, knowing that it will eventually become ready for harvest.

Topics: Inbound Marketing

Sales Hunters, Sales Farmers, and… Sales Trappers?

Sales_Hunters,_Sales_Farmers,_and…_Sales_TrappersFor decades now, those of us in the B2B sales world have talked about two kinds of salespeople—Hunters and Farmers.  Some sales organizations are even formally divided into groups of Hunters and groups of Farmers, with different expectations set for each.  Here’s a summary of these two archetypes:

Sales Hunters

Hunters set out into the territory (literally or figuratively) looking for prey—er, prospects. They’re famous for their hyper-focus and the better ones are renowned for their skill with a variety of weapons (they call them approaches).  Nobody chases business and bags it better than a Hunter.  They’re motivated first and foremost by the thrill of the hunt; when the hunt is over, so is the thrill… until the next prospect comes into view.  Just as a pure hunter might not care if he ever eats his prey, the most extreme Sales Hunters are often not so effective at serving and maintaining that client long-term.

Topics: Inbound Marketing

Inbound Marketing: Is It Garbage-in Garbage-out, or Vice Versa?

inbound_garbageThe old saying used to be, “You get out of it what you put into it.”  In the era of inbound marketing, you could almost reverse that phrase:  The quality of content you push out will directly correlate to the quality of leads you bring in through your company’s blog.

Much focus is placed on the quantity of material you publish through a corporate blog, and publishing consistently in is important. But quantity will never serve as a substitute for quality, and volume will never be a fair trade for substance.

Topics: Inbound Marketing

Why Dropping Rates to Beat Your Competitor’s Price Just Doesn’t Cut It

cutting20priceThink about a typical sales engagement. You’re trying to win the same business that your key competitor is hoping to get their hands on. You spend a massive amount of time and energy trying to prove why your product, service, or company deserves the business over your competitor. In other words, you’re trying to prove you’re better.

Then, when it comes down to the transaction, you learn the prospect is considering both options, and you are tempted—by either the prospect or your own paranoia—to drop your price. 

Topics: Sales

The Best Digital Marketing Strategy is a Two-Way Street

digital20marketing20strategyPerhaps the greatest thing about digital marketing is not how it helps us reach the customer in new ways—but how digital devices let the customer reach back! That’s why one of the greatest mistakes in digital marketing strategy is overlooking that reach-back element. Too many companies still assume marketing to be a one-way street, where advertisers lob clever messages toward consumers, hoping a customer will reward their creativity by making a purchase.


It drives me nuts when I see a social media site that’s little more than a Facebook version of a company’s website. Social marketing must be social before it can effectively serve as marketing. Your social presence should inspire topics that are conversation-worthy and related to customers’ needs and the business you are in. It should offer ideas worth talking about (from your customers’ point of view). 

Topics: Digital

Sales Prospecting: Sorry, Dude. She’s Just Not That Into You.

Sorry,_dude._She’s_just_not_that_into_you.It is amazing how often I’ll hear sellers talk about those prospects (and even clients) that absolutely drive them crazy. I’m not just talking about those really demanding customers who expect the impossible or those who expect you to constantly deliver world-class champagne on a cheap-beer budget. I’m referring to those situations where there’s some kind of a personality conflict, or you’re dealing with a person who consistently makes you wonder if you still want to do this kind of work.

If it’s not really worth it, why do you continue to put yourself through it?

Topics: Sales

The Increasingly Digital Decision Process

The_Increasingly_Digital_Decision_ProcessFor many of the clients you serve, digital media and technology tools have become an important and obvious part of the marketing equation. But just as there is a digital divide in device adoption and ownership among consumers, there can be dramatic differences in the levels of sophistication from one client to the next when it comes to technology. While some of your clients have already been using things like responsive website design and behavioral targeting for years, there are almost certainly some clients you work with who still have trouble opening an email on their cell phone. 

Topics: Digital

Sales and Business Clichés We Should All Stop Using

business_jargonMy wife and I recently saw The Wolf of Wall Street. To make a long story short, Leonardo DiCaprio plays a rogue stock broker who’s more interested in his income than in his clients’ well-being. Why do I bring it up? Because early in the movie, Matthew McConaughey makes a cameo appearance as a mentor to DiCaprio’s character, and teaches him an age-old cliché about negotiation: 
“The one who has the most to lose… does.”
Topics: Sales