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The Center for Sales Strategy Blog

It’s a Key Account. Not an Annuity.

its a key account not an annuityThis week, one of our clients was talking about how she returns to the same car dealership every three years, like clockwork, and orders another upgraded version of the car she loves to drive. 

A co-worker turned toward her and said, “You’re not just a customer.  You’re an annuity.”

The statement was worth a chuckle, but it really got me thinking. The moment you begin to assume that a Key Account’s spending will always be there—when you start to take it for granted—that’s when the relationship is most at risk.

Long-term relationships can lead to mistakes. For example, you might think, “I’m going to be a few minutes late… but (Bob) will understand, because he knows how I operate.”

Topics: Sales

Five Tips For Using Your LinkedIn Account to Build Your Personal Brand

5 Tips For Using Your LinkedIn Account to Build Your Personal BrandWith social media becoming an increasingly important part of the business landscape it’s now more important than ever that salespeople have a good presence on social media. While there are a number of social media platforms to choose from including Twitter, Facebook, YouTube, Instagram and LinkedIn to name a few of the most popular ones, networking on LinkedIn should be a primary goal.   
LinkedIn, which has over 225 million users, is where most people go to research other companies and to make purchase decisions about products and services for their companies. If you are a salesperson and setting appointments is a primary part of your job, you can be assured that you are getting checked out online and on LinkedIn before a prospect says “yes” to your asking for an appointment.

Getting Started on LinkedIn

How do you get started using LinkedIn? It all starts with having a thorough profile.
There are some LinkedIn users that won’t accept networking requests from LinkedIn member that don’t have a profile picture.

When you get started using LinkedIn it’s very important that you make sure you have a complete profile including adding your past positions, recommendations and a good headshot or profile image. Without having a solid profile established, especially a profile image, whatever you do on LinkedIn won’t be as effective. So establishing a solid profile is important before you start to engage your network.

After you build your profile you are not finished. That’s just the start of what you need to be doing on LinkedIn. With what seems like more salespeople competing for the same accounts it’s important to not just have an account on LinkedIn but to actually USE your account on LinkedIn.
Topics: Digital

Is Talent Acquisition More Like Sewing a Quilt or Working a Puzzle?

Is Talent Acquisition more like sewing a quilt or working a puzzleLet me end the suspense for you right away. It’s both. The best sales managers I have known over the years are equally adept at recruitment and selection.

Make Yourself Irreplaceable… Before It’s Too Late

Make Yourself Irreplaceable… Before It’s Too LateThere have been several articles in recent weeks about the impressive growth of real-time bidding. A recent forecast by eMarketer has almost 20% of all US display dollars coming from real-time bids, which is up 73.9% from last year. This got me thinking about the changes this brings to the world of buying and selling display advertising. 

Topics: Digital

Keeping Your Prospect Your Focal Point

Get in your client’s faceI recently sat in on a sales presentation where the person doing the pitch spent all of their time looking… wrong. They were looking at their paperwork and, in a sense, reading aloud to the prospect.

Topics: Sales

The World of Vine and Digital Marketing

The World of Vine
Topics: Digital

Is “No Service” the New “Good Service?”

is no service the new good serviceMy wife and I recently bought a lawn tractor from a major big box retail store. It should have been a fun, easy experience, but it turned into a headache. The salesperson who was trying to help us with our purchase was repeatedly interrupted by other store personnel who had a wide variety of problems or questions. At times, other coworkers would interrupt just because they needed to use the young lady’s computer terminal. (Apparently, we were invisible customers or our near-$2,000 purchase was not as important as the other person’s issue.)

Topics: Sales

And the Truth Shall Set You Free

And the truth shall set you freeMost people go through their day telling people what they want to hear. They don’t consider it lying, just coloring the truth to make it more pleasing. As salespeople, you might color the truth about why you want an appointment. What if today, you told the client the real reason you want to meet with them? What if for one day, like the character played by Jim Carrey in Liar, Liar, you had to tell the truth? Would they be more, or less likely to want to meet with you?

Topics: Sales

Why is My Perfect Puppy Peeing on the Floor? And How to Coach the Sales Rookie

Sales CoachingIs your Rookie seller screwing up? We recently added a new puppy to our family, and when deciding which puppy to get we followed all the right selection steps. We carefully considered the most important characteristics and traits to us, and found the perfect puppy for our family. She doesn’t shed, she is the right size, and personality wise she is fitting right in… so why is my perfect puppy peeing on the floor?

Topics: Sales

What You Need to Know About All This Google Encryption Talk

Google changes to your digital marketing strategyThere’s a good chance you’ve heard some things in the past few days about Google announcing changes to their keyword data. In case you haven’t heard, or if you’re just not sure what it all means, here’s an update: 

Topics: content marketing SEO Inbound Marketing