Archive for the ‘Marketing’ Category

Now is the time for small business to do your own telemarketing calls

Sunday, October 23rd, 2011

Top tips for small business to do your own business development calls. OK, so the business environment is challenging.

You can sit and wonder what to do to stimulate customers to come to you. Trouble is most of this costs : advertising, PR etc. A more cost effective way of doing it is to make your own sales calls. I always suggest starting with lapsed customers. These are the easiest to convert to becoming trading customers again.

Making small business proactive
Now is the time to become proactive

You can also spend time profiling people to call on Google. Why not do what we call twinning? Look at the customers you already have, and look for others like them. For instance if you do good business with pharmaceutical companies, look for more of them. If your business is geo-centric i.e. likely to be used by local businesses, look local.

It certainly isn’t worth putting together (or worse still) buying a list that is indiscriminate.  You’ll find it demoralising to keep talking to people who have no requirement for your product or service.  Certainly spending time analysing and building a good list to begin with will pay dividends.
Andrew is planning on running a range of marketing seminars over the coming months for owners of small businesses. Entitled ‘Selling your way out of recession’ it will focus on the easy approaches to selling that will give you the best opportunities to build your business or ensure it’s future (depending on where you are currently.)
Please drop us a note to info@tomarket.co.uk if you’d like more details about these sessions. They will be run in a series of locations, aimed at small business owners in Birmingham, Coventry, Derby, Nottingham, Leicester, Northampton, Kettering, Corby, Wellingborough, Coalville, Thrapston, Oakham, Uppingham and wider parts of the East and West Midlands.

Why your elevator speech is important – sales advice

Tuesday, August 30th, 2011

There are many reasons why your elevator speech is important. This is all part of effective sales advice.

First what is an elevator pitch? It is as you’ve probably guessed an American term, which we use in the UK unaltered. It is a finely honed script that you use when someone asks you what you do for a living. The theory is that you can deliver it in the time it takes to take a ride in an elevator (or lift if you’re British.) It is the sort of thing you do often – especially if you’re a business person who attends networking events.

How to prepare your elevator speech

Get your elevator speech nailed

How long should it be? Well I reckon 30 seconds should do it tops. Remember that although people ask you what you do, they’re not that interested – not really! What they really want to talk about is themselves.

Make your description short, and specific. I may use something like “…..I train telephone based teams. So telesales, telemarketing and customer service. In fact any group of people who spend all their working day talking to customers on the phone. And so it’s not industry specific. I work with many different industries. And what do you do?”

Avoid grand, wordy, vague descriptions. How often do I meet business consultants who say something like “….we help companies leverage more profit by helping them optimise the working performance of their employees…..” I don’t know what they generally say after that as I’ve already switched off! Apart from which that’s what all conusltancy based services do. And I’m still none the wiser about what you ACTUALLY do!

I came across this example recently, and this was an example of a GOOD WAY to do it. “…to do so effectively, I’d like to know more about you and your interest in my work. Then, I’ll have a context for telling you about my work and can relate what I do to your specific situation.” Ooh dear no ! It might work in America, but it’s not a wise strategy in the UK.

You may want to finish your introduction with an example of your work – name dropping a client if appropriate.

“I’m a web designer, specialising in e-commerce site and recently I worked on the new site for ABC Print.” or “I’m a freelance financial director and I was working on a large merger for DEF Engineering in Nottingham recently.

This all helps give you creedence.

Work on your elevator speech (or pitch), make it concise and then use the same one consitently so that it sounds natural – until such time as you decide to change it.

The best of luck. ‘Inspire me, don’t bore me’ is the motto!

To Market runs telephone sales and telemarketing training courses across the East Midlands, Peterborough, Cambridge, Leicester, Northampton, Derby, Nottingham, Kettering, Corby, Wellingborough, Coventry, Birmingham, Lichfield, Solihull, Peterborough, Wolverhampton, West Midlands, Milton Keynes, Lincoln, East Midlands as well as wider parts of Leicestershire, Northamptonshire, Cambridgeshire, Suffolk, Buckinghamshire, Warwickshire, Nottinghamshire and Derbyshire

Get advice on why not to hire a new telesales manager

Monday, December 14th, 2009

Get advice on why not to hire a new telesales manager. If you are currently looking to build up the telesales or telemarketing function in your company, you may be looking at recruiting a new telesales manager. Alternatively you may be looking to recruit one who has left. However there is a flexible alternative.

Hiring a short term telesales manager gives your business flexibility

Hiring a short term telesales manager gives your business flexibility

You can hire in a manager for a limited period of time. You can agree some objectives for them, and you can ‘hire’ them for a fixed number of days per month. A package might be between a half a day per month and say 6 days per month. In this time a quality telesales or telemarketing manager will be able to help you set up good managment systems and KPIs (key performance indicators) for your team. They should also be responsible for training and agreeing with you some targets and benchmarks for activity and results.

We can come and have a chat over a coffee about how this may work for you.  We can give advice on what to look for, and what an interim or short term contract telesales manager may be able to offer you. So if you’re in Leicester, Northampton, Market Harborough, Corby, Wellingborough, Kettering, Lutterworth, Cambridge, Newmarket, Daventry, Coventry, Rugby, Birmingham, Lichfield, Solihull, Melton Mowbray, Uppingham, Oakham give us a call on 01858 461148  and we’ll have a chat.

What is the difference between commission and bonus ?

Tuesday, December 8th, 2009

What is the difference between commission and bonus ? This is a question we’re asked frequently by clients. Not only what is the difference, but equally importantly, “do we need both of them ?” and “how can we use them both to motivate our team in different ways ?”

Get your commission and bonus schemes right and this is what should happen to sales

Get your commission and bonus schemes right and this is what should happen to sales

Indeed we think commission, bonus and campaign incentives all have a place in how you reward your telesales or telemarketing team. It is worth spending some time thinking these elements through too, because if you get it right you can motivate your telephone team to produce better results, increased sales, more appointments, higher numbers of quotations etc. You don’t mind paying more if you get more do you ? However you don’t want to pay more for the same or less !

Commission should be a regular payment for doing the telesales or telemarketing job well. It should be a constant, and the best performers in your team should earn the most. In addition it must be easy (for them) to work out at the point of getting the order. After all if it isn’t, it can’t motivate them can it ?! So a percentage of order value is a common version of this.

“My commission rate rewards me at 2% of order value.” “Great so if I can get this deal for £500 this morning, that means that will be £10 in my sky rocket (or pocket – for those of you not familiar with cockney ryhming slang !)

Bonus however is for what you reward individual members of your team with on top of their core job. So if you sell any of the platinum service plan we give you £50. You can tailor this then to sales of your more profitable products or services, or end of line stock that you want to clear etc. Alternatively it could be for achievement of quarterly target. Bonuses then should be for specific (relatively) short run campaigns or business objectives. This allows you to direct the guns in a particular direction until the objective has been achieved, or time has passed.

Then on top of commission and bonus there are incentives and for a phone team these are the fun bit. Very short term and with a high profile to add some energy and dynamism to a team’s activity and performance in the short term. But this is perhaps a subject for another day. In the meantime, there is a slightly more indepth article at ezine articles. Follow the link here http://ezinearticles.com/?Should-I-Pay-Commission,-Bonus-Or-Run-Campaigns-For-My-Telesales-Or-Telemarketing-Team?&id=2088836

Small business owner in need of help developing telesales ?

Monday, December 7th, 2009

You run a small to medium sized business and you feel telesales has a place in your business. It is after all a proven and highly measurable way of developing new sales opportunities.  You’d either like to develop the team you already have, or alternatively you might be keen to set up a team.

Get personalised one to one mentoring help for your business

Get personalised one to one mentoring help for your business

The thing is you’re an expert in something else – not in setting up and running a telesales or telemarketing team. Furthermore you probably don’t want to be !  

We may be able to help. We can offer bespoke tailored mentoring work with you personally, to help you develop your telesales or telemarketing team. And if we are working with you personally, there is also the possibility that some or all of it could be funded through Train to Gain.

If this is something of interest to you, and you’re based in Leicester, Northampton, Market Harborough, Corby, Wellingborough, Kettering, Lutterworth, Cambridge, Daventry, Coventry, Rugby, Melton Mowbray, Uppingham, Oakham we can help. First we’d like to have a chat over a coffee at your place – and we can take it from there. Give us a call on 01858 461148. We’d be keen to offer you any help, advice or tips we can.

You get some specific tailored help directly applicable to the needs of your business. We can provide you with anything from half a day per month to 5 days per month.

Don’t hire a new telesales manager yet !

Wednesday, December 2nd, 2009

Many companies are in the situation where they want to develop a more effective telesales or telemarketing team, but don’t necessarily want to commit to spending £40,000 a year that it would cost to secure a quality manager.

How to find a quality telesales manager for your team

How to find a quality telesales manager for your team

Furthermore the economy is fragile and so you want to maintain flexibility. A great and increasingly popular solution is to hire a quality telesales manager on a short term contract. And if you can negotiate a flexible and open agreement where you’re not even committed to them for as long as a year then so much the better !

By agreeing to take on someone with a track record in successful telephone team management you can improve your own systems and processes so that after they’re gone, you can run the systems yourselves. Often a team leader or supervisor can look after the team on a day to day basis and they might only be costing you £20,000 a year.

Our advice on beefing up the telesales management in your company is that you should expect a good telesales manager to help you with such varied issues as ;

  • Advice on your team’s callpots. Do you have enough names, too many, about right ?
  • A check on your database quality. The best sales team will struggle and get demotivated if they’re working poor quality leads.
  • Input into setting up some effective KPIs and management reporting systems. This gives you complete control then. Disciplinary procedures rely on evidence. Underperformers must know they’re underperforming.
  • Advice on how to set up and run easy incentives schemes
  • Help integrating incentives into company campaigns
  • Added value in terms of general marketing advice on things such as your website. Optimising it so that it brings in more visitors is straightforward, it just takes some time and dedication.

If the idea of hiring in an interim telesales or telemarketing manager is something that appeals to you, feel free to contact us on 01858 461148 for some tips and advice. Alternatively go to Associated Learning Systems site where you will find an audio CD on the topic of how to set up and manage an effective telephone team. Click through here http://www.associatedlearningsystems.co.uk/product_detail.asp?ProdID=2

We have worked with companies in many areas including ; Leicester, Northampton, Market Harborough, Corby, Wellingborough, Kettering, Lutterworth, Cambridge, Daventry, Coventry, Rugby, Melton Mowbray, Uppingham, and Oakham

To Market is on Twitter – not sure why !

Friday, November 13th, 2009

Social networking, viral marketing and blogging is all part of the next big marketing thing or is it ?

The world and markets are changing rapidly at the moment. Traditional business models and marketing practices are changing and may never by the same again. When’s the last time you looked up a telephone number in the Yellow Pages for instance ?

To Market is on Twitter. If you have an account you’re welcome to follow us at . http://twitter.com/AndrewSeaward . Admittedly we’re not entirely sure why yet ! Initially we’re adding backlinks to some of the blogs we’ve posted here. Hopefully that way we’re supplying content and a lot more useful than knowing what Andrew Seaward had for breakfast, or that he’s standing at a train station waiting for a train !

To Market on Twitter - are you ?!

To Market on Twitter - are you ?!

 

If any of you are on Twitter, we’d be interested to know what you use it for and how you see it developing for you. Or is it a social networking tool and nothing else ?

Finally the web has helped create the idea that much information is easily available and FREE ! So it is important to ensure that whatever you offer on your website by way of articles is insightful, and genuinely useful to the reader. The days of full on sales pitches are fading fast. The quality of your free advice will do your selling for you in any case.

How to build your telesales – without spending big sums on a manager

Saturday, May 16th, 2009

Some ideas on how to build your telesales – without spending big sums on a manager. A current hot topic in telesales and telemarketing management is the idea of hiring an interim telesales manager or someone for a fixed or variable term. It offers you great flexibility and could be just what you are looking for.

Short term telesales manager to raise your team's performance

Short term telesales manager to raise your team's performance

Instead of committing yourself to a fixed spend you can buy some quality management that can finish as soon as the job is done.

So how might they help you ? You can expect a good quality short-term contract telesales manager to help you in many areas managing your team. They should contribute ideas across a broad number of fronts. 

Let’s look first at each person’s call pot. Also any effective team needs KPIs – key performance indicators. You probably know what each member of your team produces in terms of results but that is only 1 of the 4 key measures. Getting the team to produce more involves understanding how they achieve their results.  They each have a results profile. Do you know what it is ?

It is also a good idea to have the phone team working to support your campaigns. These might be based around product lines you want to promote, or products and services that are more lucrative to you. How well integrated is  the phone team currently with your marketing campaigns ? A good manager will help you set this up and provide you with ongoing monitoring.

Incentivising the team is key too. If they WANT to do well, they will. So you may want advice on levels of commission. Also understanding the balance between commission, bonuses and incentives is important. What do they each do, and how do they fit together ? A good quality top drawer telesales or telemarketing manager will be able to help you with this.

If you’re based in  Leicester, Northampton, Market Harborough, Corby, Wellingborough, Kettering, Lutterworth, Cambridge, Daventry, Coventry, Rugby, Melton Mowbray, Uppingham, Oakham give us a call on 01858 461148 and we can discuss how you can achieve all these things by hiring a short term or interim telesales manager to run your team. They should be able to set up processes and management systems for you, which they then leave as their legacy !