Illustrated CRM: How CRM Process Helps the Sales Process

Illustrated CRM: How CRM Process Helps the Sales Process
by Alex Karp – September 2015

Three things will make CRM a great tool for your organization:

  1. consistency,
  2. ease of use, and
  3. documentation of activity.

All of these are essential, particularly the last one, if management is going to be able to use CRM effectively. I wanted to share some best practices that I have gathered from my short time in the industry and how those best practices can contribute to the overall growth of your organization.

Focus on the learner: Keep training time short

Let’s consider the documentation of activity.  A wise previous boss of mine once said, “If it’s not saved in CRM, it didn’t happen.” Documenting every activity is the goal every CRM staff member and sales manager strives to meet. It’s not easy.

Whenever sitting down with a new group of sales reps, the first training session should focus on one thing: How to document/save a phone call. Reps do this task a hundred times a day or more. The process of saving a phone call is tied to many other reporting aspects of CRM.  Drill them on this until you know they are doing it right every time. The many other features of CRM (e.g., advanced finds) can be covered later. Making sure reps know how to save a phone call is the first step to helping them succeed.

Another way to focus on the learner is to have training sessions grouped by department. Group Sales and Season Ticket Sales use CRM differently. Training by departments provides relevant content and keeps everyone engaged. Otherwise, people tune out when the training isn’t relevant–and it’s hard to get them engaged again.

Fewer clicks leads to more calls

At Fan Interactive, I get to work on multiple client CRM redesign projects. A project goal is to make CRM a little more user friendly and reduce necessary clicks. As you can see in Panel A , reps have the ability to add an activity and notes directly from the opportunity. This is a bit different than the out of the box version of CRM, where more clicks are required to add an activity to an opportunity. Reps can enter information, save and close the opportunity and move onto the next one. This process also stores the last activity data and counts the activity as being completed, as in Panel B. Reps are then able to search using fields from this opportunity such as ‘last activity date’ and ‘number of activities’ within the opportunity.

Reporting

Now that the reps can easily and document a phone call in a consistent way, what’s next? A daily activity tracker (see Panel C) is a good start. This helps re-enforce the importance of saving a phone call to reps since they will see their results and know where they stand compared to the rest of the group.

With software such as Tableau, which combines the layout of Excel with the power of SQL, you can create scoring models based on rep activity. After tracking activities, the next step is to track the revenue associated with those activities. The campaign report below shows revenue generated in a rollup version as well as a more detailed version.

crm3

These reports were made possible by the re-design (ease of use) and consistent documentation. With a more user-friendly version of CRM, it’s easier for everyone to use CRM the same way, which leads to more accurate reporting.

Conclusion

CRM is a powerful and essential tool for sales and marketing. For it to succeed, sales reps need to enter data in a consistent and thorough manner.  Documenting phone calls in CRM is a process sales reps will repeat thousands of times throughout their sales careers. By making the process easier, both through training and redesign, CRM can help you generate reports and analytics that will allow you to make effective business decisions.

Utilizing LinkedIn for Business Prospecting

Utilizing LinkedIn for Business Prospecting
by Mike Dimitroff – July 2015

My sales philosophy: Better to go after the big fish than waste time fishing for minnows! Anyone can go to the local watering hole, cast a line, and catch small fish. But if LinkedIn is your fishing pole, businesses will be the big fish you are trying to catch.

[dropshadowbox align=”center” effect=”lifted-both” width=”550px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]“It’s no secret that today’s business decision makers have greater control over the buying process. Three-fourths of B2B buyers use social media to educate themselves before making purchasing decisions and twice as many use LinkedIn to research purchasing decisions than any other social network.” ~ LinkedIn.com[/dropshadowbox]

If 75% of B2B buyers do social media research prior to buying, you can bet that business professionals preparing to make a large monetary commitment will run a background check on the seller–and that’s you!

First Impressions

People buy from people they like and often decide if they like you within the first few moments of contact. What will buyers think if they look on your LinkedIn profile with no picture? A photo helps prospects put a face to the person they’re talking to and helps develop familiarity.

Your story

Provide a short background story about yourself and list your job responsibilities. I recommend listing sales accomplishments since people are more likely to buy from people who are successful at what they do. They perceive that if other people are buying from you then you must be trustworthy. These may seem like nuances, but they will help build trust with your prospective buyer and trust ultimately leads to sales.

[dropshadowbox align=”right” effect=”lifted-both” width=”350px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]”jesse salazarNew and different methods to contact decision makers are invaluable. LinkedIn is an effective, smart tool for prospecting new companies, identifying decision makers and increasing your network. Professional salespeople will definitely increase productivity, generate qualified leads, and have a higher closing ratio when using LinkedIn.” Jesse Salazar, Manager of Season Sales, Houston Rockets[/dropshadowbox]

No Off-Season

At the Houston Rockets, our motto is, “There is no off-season!” Although some sales reps choose this time to relax and take a break, this is the perfect time to build your sales pipeline. I spend most of the off-season business prospecting.

Prospecting

Prospects can come from oil & gas magazines, billboards on your drive into work, or simply searching under the “people you may know” tab on LinkedIn. With over 500+ connections, many are within my target industries of oil & gas, construction, & law firms. When you search for a new company on LinkedIn simply type in the company name and it should pop up under the drop down menu. Once you have your company selected you can begin to filter by city.

[dropshadowbox align=”right” effect=”lifted-both” width=”350px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]rob“LinkedIn is an essential tool for staying connected to business professionals and a creative method to target companies. C-level executives are almost impossible to get on the phone. LinkedIn is just another way to get in front of decision makers in a competitive business environment where their time is limited to unique salespeople who they see as a resource to get them immediate results.” Rob Zuer, VP of Ticket Sales & Services, Denver Nuggets[/dropshadowbox]

Once you identify a company, contact one of the following from your search of their LinkedIn profiles: Business Development Manager, Marketing Manager or Executive Assistants to CEO. These are typically the people that either make decisions on purchasing season tickets or handle the distribution of tickets.

You make the call

Call the mainline of a company and ask directly for the person by name. I’ve seen sales reps call the mainline and use basic intro lines like this:

“Hi, this is Michael Dimitroff with the Houston Rockets. I was wondering if you could put me in contact with the person who handles season tickets purchases at your company.”

Gatekeepers are taught to screen such calls and you’ve just given them a layup! Instead, act confidently, as if you’ve already had a conversation with the person.  Ask using their first names (e.g., Rob, or Rob Zuer; not Mr. Zuer) to give the sense you are familiar with them. Once the gate keeper transfers you to the direct line…now it’s time to work your magic and catch the big fish!

Eric Sudol’s 3 Lessons From a Career in Sports Sales

Eric Sudol’s 3 Lessons From a Career in Sports Sales
by Brooks Byers – April 2015

S3 Board Member Spotlight: Eric Sudol, Dallas Cowboys

Eric Sudol, the Dallas Cowboys’ Senior Director of Corporate Partnership Sales & Service, has worked for the Cowboys organization for eight seasons. Mr. Sudol completed his undergraduate work at Cornell College, before earning joint masters degrees from Ohio University in Business Administration (MBA) and Sports Administration.  After starting his career in corporate partnership sales for the Memphis Grizzlies, Mr. Sudol came to Dallas intrigued by the opportunity to sell suites for the new AT&T Stadium in 2007.  Since joining the Cowboys, he has been promoted five times, moving from suite sales to Manager of Premium Sales, Director of Sales, Director of Sponsorship Sales, to his current position as Senior Director.  As a member of the Baylor S3 Advisory Board, he enjoys sharing his experience and advice with students.   Some of his key takeaways from his years in Memphis and Dallas include:

1.       Discipline is the key to sales.

  “The job is daunting. If you bat .300, then you’re in the Sales Hall of Fame,” says Mr. Sudol.  “It’s tough to do this job if you’re not very disciplined in your approach.”

2.       Sales and business acumen go hand-in-hand.

“You can’t go wrong with a first job in sales; if you want to be a leader in your company, then you have to understand what it takes to make money.”  Mr. Sudol came to Dallas to learn a different aspect of his industry.  He believes that his experience selling suites made him a better leader and manager because all areas of revenue generation are important and related.

3.      Selling sponsorships lends itself to creativity.

“You can allow your entrepreneurial spirit to run in sponsorship.  We’re always looking to innovate and create new ways to generate revenue.  We want to be at the forefront and look to invent the next sponsorship category,” says Mr. Sudol.

Mr. Sudol is proud to be a part of the S3 program because its curriculum recognizes the importance of sales as an entry point to the sports industry and gives students hands-on experience in call centers to prepare them to excel in their careers.

Selling vs. Telling

Selling vs. Telling
by Ben Milsom – March 2015

Making the pitch

Recently I attended a recruiting meeting with a local college football coach where the goal was to get the high school senior to commit to attend his school.  I agreed to attend the meeting after I was sure that I wasn’t breaking any rules and also because I knew I was going to learn something.  I met the coach before the meeting and we discussed the goal and the best practices when it came to this type of meeting.  The college had a great history of success as well as a fine reputation of placing students into great jobs once they graduated.  Needless to say the coach really had a great product to sell.

Info Dumping

Most new salespeople come into sports sales really excited about many things:  a new city, an exciting player, a winning record or just the fact that they are working in professional sports.  This leads many times to what is called “info dumping.”  The excitement leads the salesperson to do more telling than consultative selling.  Many times in meetings the salesperson has done most of the talking without gaining information from their prospect.  This is exactly how this meeting went.  The coach introduced us and began discussing team record, school history, alumni and the city where the school was located.  The whole time the student was eating his lunch with a somewhat glazed look on this face.  I kept thinking about how many times this occurs in sports sales.  This “pitch” only really works when your product is winning.  There was still so much information to be learned from the student.  What are some of the questions that could have been asked?

  • What is important to you in your college selection?
  • How important is education vs. football?
  • How comfortable are you with the location of the school?
  • Tell me about what you would like to study?Why?
  • MOST IMPORTANTLY after all the information is gathered: What is it going to take for you to commit to X college?

[dropshadowbox align=”center” effect=”lifted-both” width=”600px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]Pitching in sales works in the same way it works in baseball. It’s one direction and irreversible. To be an effective sales professional you need to engage in strategic listening to understand your customers preferences, priorities, level of interest and more before you propose, pitch, tell and sell. – Gregg Baron, President, Success Sciences[/dropshadowbox]

Selling not Telling

Matt Smith
Matt Smith

Matt Smith,  Regional Manager, IMG Learfield, shares, “When I think of this mindset of selling not telling, I think of a Doctor and a Pharmacist. Old-school salespeople were pharmacists, while we must be Doctors. A good doctor must know everything about the problems of the patient, everything about the possible treatments, then they must have an idea of how to tie the problem to the right solution…and they must do it all with the right heart and mindset. Pharmacists simply must know about drugs and prescriptions.”  As a salesperson, offering a solution before learning all you can about the customer is like a doctor prescribing treatment without first knowing the ailment.

Conclusion

So many times we miss the opportunity to let our prospect tell us what they want and how they want it.  This also misses a chance for us to ask for referrals, build a stronger relationship and ultimately up sell our product.  The difference between a good and great salesperson in my mind is their ability to ask effective and productive questions and use those questions to make a consultative and productive sale.  The telling approach usually leads to buyer remorse and ultimately money left on the table.

Sales Training: The Four Benefits of Waiting

Sales Training: The Four Benefits of Waiting

Ketchup

by Tom Parsons – January 2015

Heinz had a commercial with a slogan when I was young, “The best things come to those that wait.” The guy whose friends ditched him because he was waiting on the ketchup to come out of the bottle ended up on a date while the others twiddled their thumbs.

In many years in the the advertising sales business, I have learned the truth of this saying. No doubt, many of us with the benefit of hindsight have found value in waiting. Besides asking us not to wear some of the things we wore, here are 4 truths about waiting we would say if we could go back to give a talk to our former selves.

Waiting builds STRENGTH

The good news for most of us is that life isn’t hard at all times. While we wait for a break, the level of strength goes up during difficult times as we work through struggles. When you have a bad sales month, if you are ambitious, the acumen rises as you increase self-discipline. When you have a baby and are tired, your mind will try to convince you that you have been up all night changing diapers and feeding for 18 years. Your strength will build if you can fight off these kind of lies. Waiting for good things makes you strong in the process.

Waiting offers PERSPECTIVE

[dropshadowbox align=”right” effect=”lifted-both” width=”250px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]It’s only through the exercise of patience that we truly understand and appreciate the full value of the payoff at the end.

~ Bill Guertin, 800PoundGorilla  [/dropshadowbox]How many times in your life did you want something badly only to move on to a different passion or interest while you waited for it? There are going to be more times like this. While you wait you can determine whether your commitment is deep. Your managers will do this with you from time to time. They’ll want both of you to come to a realization that something mattered to you. Allow the wait to offer perspective both inwardly and outwardly.

Waiting deepens DETERMINATION

Once you gain the perspective that the thing you are waiting for actually matters very deeply to you, the drive and determination to get it becomes a juggernaut. When it’s you against the world and achievement is your only option, you’ll likely perform above your usual potential. Coaches tell me that talent doesn’t separate top athletes from the rest–it’s the depth of determination.

Waiting stores ENERGY

Before Jesus ascended into heaven, he made several promises and indications to his disciples about His future plans. While waiting for the go-ahead, Peter decided to go back to the family business of fishing. Many of you are just itching to get out there and sell something or improve the value of a sales team. You may even know exactly where you are going and just can’t wait to get there. Let this time be one of refreshing yourself for the tasks to come. Enjoy the last of this season before taking on the world.

A final word…

Weaved into each point is attitude. Waiting will only frustrate you if you allow your attitude to be influenced by petty problems. Your attitude must be at a high level if you are going to use waiting to your advantage.


 

Cover photo courtesy of Philip at HalifaxLight.

How brands measure successful sponsor partnerships

How brands measure successful sponsor partnerships
by Kirk Wakefield – December 2014

At the 2014 Sports Sponsorship & Sales (S3) Board Meeting held at McLane Stadium on the campus of Baylor University on November 11-12, Jose Lozano hosted a panel of fellow brand experts from the S3 Board to discuss, “How brands measure successful partnerships.”

Not in the awareness business

“We are not in the awareness business,” said Kelly Roddy, President of Schlotzsky’s,  which is owned by Focus Brands (Auntie Anne’s, Cinnabon, Carvel, McAlister’s Deli, and Moe’s Southwest Grill). “We are into meaningful relationships and sponsorships provide this,” added Roddy.

These sentiments were reinforced by Bill Moseley, Director of Marketing Communications, AT&T, and one of the architects of a wide variety of AT&T corporate partnership deals. Mr. Moseley noted that account management of corporate partners may have focused on more static venue elements of an agreement in the past, but that, “Today the emphasis is on adding value to the fan experience through creative strategies. The AT&T brand is an integral part of the game day experience.”

Tami T. Walker, Brand Manager for Phillips 66, shared, “When we can get a father and son on the floor [as part of a brand-fan experience]  we make fans of the brand for life.” The emphasis is on creating memorable experiences that clearly link the brand with the property in the minds of fans that result in driving business.

What do brands care about in a sponsorship deal?

At the end of the day, or at the end of each year and at the end of the contract, brands care about sponsorship return-on-investment. The panel members underscored that the reason behind sponsorships isn’t because someone at the brand loves the team. Rather, the brand cares about what drives traffic and builds their fan loyalty–when fans of the team become fans of the brand.

AT&T, Phillips 66, Schlotzsky’s, and other well-established brands care most about how much fan affinity transfers to the brand. Why? Brands can track the lift they receive among fans of the brand compared to non-fans in the same markets. Using research tools and brand tracking, brands can see if fans of the team behave differently.

[dropshadowbox align=”right” effect=”lifted-both” width=”200px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]”Impressions don’t matter.”[/dropshadowbox]Mr. Roddy explained, “When we measure fan engagement we can see the connection with sales increases. We now look for ways to track call to action. We aren’t interested in millions of impressions, but measures of affinity transfer to our brand. Impressions don’t matter.”

How do brands keep score?

When Phillips 66 evaluates sponsorships, senior management  keeps score at the bottom line.Tami Walker emphasized that Phillips 66 uses multivariate analysis on net promoter and other key performance indicators (KPIs) to look at drivers of buying behaviors.  The make-or-break decision for their partnerships is whether or not the property, “can produce creative solutions we can’t get elsewhere,” added Ms. Walker. Brand managers, like Ms. Walker, must focus on managing contracts in an effective manner to prove the relationship with KPIs.

Other tracking measures include social media scraping. Mr. Roddy explained, “It’s important to see if our brand is connected to the partner via fans’ social media. For example, are people posting about Cinnabon and the Texans?” Using sophisticated web crawler software, brands can analyze social media posts to determine if such a linkage increases as a part of a partnership promotion. Brands also use loyalty index tracking to compare loyalty levels of fans versus non-fans of a property.

Mr. Moseley said that AT&T partners understand that the Net Promoter Score is an important KPI, as they want customers to recommend the brand to others. In doing so, the benefit of the partnership is that the brand-fan linkage helps overcome any pain point with the provider who brings life to their devices.

When is added value really added value?

As Ms. Walker emphasized, building loyalty to the brand is more than just distributing loyalty cards or gaining name recognition. Partners seek true loyalty that shields them against competitive inroads. Properties add value through brand-fan experiences that can scale the effects through social media, as fans share the experiences with others.

For example, the 76 fuel brand partners with the Dodgers, who act as true partners to assess results and adjust to meet their partnership goals. In this sense, the property adds value through their transparency, honesty, and willingness to solve problems.

Jose Lozano, who as CEO of The Company, works with a number of national brands engaged in partnerships, encourages properties to bring their own passion into the equation. Try to understand what each brand wants, seeking to understand the brand’s customers and what they really want. Rather than arriving with a prescribed inventory of sponsorship assets, properties should identify the brand’s KPIs and find ways to bring the brand to life among their fans. When the team’s partnership executives understand how the brand measures success, they can begin to add value beyond the standard rate card for sponsorships.

Sponsorships: Win/Win Brand Partnerships

Sponsorships: Win/Win Brand Partnerships
by John Dillon – November 2014

How do you win corporate partnerships?

It’s no secret the world of marketing has become exponentially more complex over the last several years.  Gone are the days of screaming your brand message through TV or radio, and expecting to hit exactly the target you wanted.

As you look to take your brand or team to the next level, how well do you understand your consumer base?  And as you look to corporate partners, how well do you understand THEIR objectives as well as your own?

[re]Think Segments

For an established brand like Denny’s, we’ve spent quite a bit of time listen — really listening — to current and potential guests.  We quickly realized just how diverse their needs were.  It’s led to some exciting and successful initiatives running a broad range of targeted partnerships with:

  1. AARP to speak directly to our active boomer (50+) generation,
  2. Social and digital media efforts with branded content with partners like College Humor, Funny or Die, DumbDumb, and
  3. Continual dialogue with younger guests on Tumblr, among many others.

Recently we launched a successful partnership with Atari, appealing to multiple generations including kids, millennials and Generation X who have sparked to sharing the experience of the classic Atari games like Centipede and Asteroids, turned into relevant games downloadable and playable under our Denny’s inspired names like Centipup and Hasteroids.

https://www.youtube.com/watch?v=DEZGjYdXnfI

dennys-hobbit-menuSimilarly, we’ve partnered with major movie releases such as The Hobbit to appeal to generations both young and old.  Our kids menu has become re-energized this year with a wonderful partnership with National Geographic Kids – a brand that research proved had strong appeal to both kids and parents.  A wide array of partners enable us to drive sales and traffic counts against multiple targets simultaneously, not one at the expense of another.

What’s in common?

Each of these partnerships have commonalities:

  1. They are unique. No one else is doing anything like it.
  2. They hit specific targets at a time where they are most receptive–where they are and when they’re naturally consuming the media vehicle we’ve selected.
  3. And most importantly, they are partnerships that truly create win/win situations for both brands.  Each of us (our brand and the partner brand) allows the other new avenues to target key customer groups in ways that we don’t necessarily naturally reach.

How does this translate to sports marketing?  Having been on both sides–the team and the brand–I can attest that it does very clearly.

Within the team sports space, our best partners understand our brand and the particular target we’re trying to reach in that market AND the particular business objective we’re trying to hit.  Is it a value sensitive market?  If so, how can you help us get our value message across?  Is it a heavy Hispanic market?  If so, let’s make sure that important demographic is clearly a part of the partnership proposal.  A market with a high representation of families… or millennials?  You get the idea.   A little research by the team goes a long way and leads to truly breakthrough results for BOTH of us.  Come with THOSE ideas, and you’ll prove there are indeed positive, powerful win/win partnerships.

 

 

Got a Question? A New Idea? Ask the Sports Sponsorship & Sales (S3) Forum!

Got a Question? A New Idea? Ask the Sports Sponsorship & Sales (S3) Forum!
by Kirk Wakefield – May 2014

Post questions to the community

This month we introduce the Sports Sponsorship & Sales (S3) forum where you can post questions to others in the community. We encourage you to ask others what works for them in the area of ticket sales, sponsorship sales & activation, sponsorship metrics, sales analytics, CRM, social media, digital media, or any other category in the area of sports business.

 [dropshadowbox align=”center” effect=”lifted-both” width=”250px” height=”” background_color=”#F7D358″ border_width=”1″ border_color=”#dddddd” ]Click here to visit the S3 Forum.[/dropshadowbox]

Offer ideas & feedback

One of the options in the forum is to select “Feedback” as the category. Use that category in the forum to post ideas for new articles, ask for help, or offer insights/comments on how we can improve our service to the sports sponsorship & sales industry. We’ll check regularly and follow-up with each idea or suggestion.

[dropshadowbox align=”center” effect=”lifted-both” width=”250px” height=”” background_color=”#F7D358″ border_width=”1″ border_color=”#dddddd” ] Click here to connect with members in the S3 Community.[/dropshadowbox]

Set your profile to public if you want to make friends

profileYou may not need another social network, but feel free to connect here to build friendships among like-minded, goal-oriented people committed to the sports sales industry.

So that others in the community can find you, be sure to set your profile to “public.” Members may edit profiles by clicking on the button in the upper right corner  where it says, “Howdy, Your Name.”

I want to join the community. What do I do?

Hey, I don’t see anyone saying, “Howdy” to me.

To join, just click on the social media button in the upper right corner! Or click here.

 

Making Connections: Contact Puts the Ball in Play

Making Connections: Contact Puts the Ball in Play
by Carson Heady – May 2014

How to sell: Put the ball in play

Fundamental to any activity or sport is to put the ball in play. This necessitates action on the part of the participant(s) and begins with how and when we make contact.

On the field, it is about formulating strategy, addressing the ball, following through and studying results to adjust for future shots. Business and sales are no different; prospecting and approaching connections to build relationships must be handled with the same finesse.

As with all facets of sales, the quality of each leg of the process determines quantities of successes. Fashioning the optimum game plan for narrowing our search for prospects, garnering attention in the proper way, reaching out with maximum effectiveness and showing why you or your product is supremely relevant inches you closer to your goal line. Like charging down the field, each possession’s objective is to manage plays effectively enough to get as close to that end zone as possible. We will not reach it every time, but the more masterfully we operate each play and possession, the better our chances.

Three things you must do to win

[dropshadowbox align=”right” effect=”lifted-both” width=”350px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]Bart Elfrink“Networking is what landed my most prominent directing roles. As a filmmaker, networking is of utmost importance and it is truly all about who you know when it comes to securing interviews. Diversifying the groups I was networking with rather than just one core group made all the difference; taking initiative, starting conversations – you never know where they will lead and deals are made over conversation, coffee and meals.” Bart Elfrink, Director & Cinematographer[/dropshadowbox]From looking to land a job to attempting to market a product or service, it is vital to:

  1. make authentic connections,
  2. showcase unique attributes, and
  3. improve their lives.

Ultimately, you want to prove that your target audience would be better off with what you have than what they have now or have to choose from.

Examine your playing field:

  1. What experience or attributes are being sought in the arena you wish to conquer?
  2. What do you or does your product offer that ensures you are uniquely qualified to fill a gap?

These are the strengths you highlight as you grab attention and carry on throughout the selling process. Learning your audience’s needs through analysis and questions is step one; showcasing how you fill the gap best is the rest. Realize that you and your product are up against considerable odds; this does not rule out victory, but means you must work smart and understand this contact sport.

How to connect

[dropshadowbox align=”right” effect=”lifted-both” width=”350px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]laura.wiley“If you don’t put yourself out there, you will never know your fullest potential. Network and connect with everyone (and I do mean everyone) you know as will often be surprised to find what opportunities lie within the those you are closest too as well as farthest away. Connect and engage, talk and share, give and get – it is how trusting and long-term business relationships and strategic partnerships grow.” Laura Wiley, Principal/CMO of Marketing Lift[/dropshadowbox]Connecting today has a different feel with the prominence of social media and ability to quickly pinpoint your target decision maker; with a simple search we can locate VP’s and CEO’s and attempt to make contact. That said, anyone can make contact, so you must ensure your contact counts. Utilization of sites like LinkedIn grant you access to all the movers and shakers across every industry:

  1. Build your network strategically by casting a wide enough net of individuals who could serve as decision makers or point you in the right direction.
  2. Aim high, specifically in small-to-mid-sized businesses where a CEO will be more apt to accept your overtures.
  3. Do it with distinctive, classy flair. Don’t use the generic LinkedIn request.
  4. Never pin all your hopes on just one person for a job or sales decision. Formulate multiple plays across all pertinent companies and industries so you are prepared for whatever obstacles you encounter.

How to approach

Approach requires just as much thought. Using your own conversational style, the approach might go something like this: “Mr./Mrs. X – It is my hope this note finds you well. With your expertise in _____ and our mutual interests, I believe you would be an excellent person with whom to share ideas and learn from. I would be honored to be part of your network.”

Whether by LinkedIn or email, supplanting the generic, average introduction will get your note noticed where others land in the penalty box of the virtual trash can. From there, timely follow up within a matter of days thanking them for the connection and requesting advice on the industry to gain access to them will have far more success than pushing a product or asking for a job up front.

Casting a wide net also means:

  1. researching local networking events,
  2. utilizing your existing network to meet new prospects (i.e, referrals), and
  3. leaving no stone unturned as you put your best quality foot forward in meeting and greeting new contacts with whom to form mutually beneficial relationships.

Like any part of the game, prospecting and connecting determine how far the ball carries, and are integral in your quest to circle the bases.


Cover photo courtesy of Tate Nations.

 

Selling Collegiate Sports: Happy Customers = Sales

Selling Collegiate Sports: Happy Customers = Sales
by Bryce Killingsworth – May 2014

Collegiate ticket sales departments continue to expand. Some hired into these new sales positions have training in professional selling, while others may have worked their ways through college internships into the first open position that suits their aptitudes and attitudes. So, whether we are trained to sell or are just thrown into the fire, it’s always good to examine the fundamentals of adaptive selling–particularly in the collegiate setting. It all starts with creating connections.

Creating connections (prospecting)

sales funnelConsistently creating connections prevents sales slumps. Prospecting fills the funnel to prepare for the future.

In college sports, this aspect seems to be overlooked or at minimum on the bottom of the priority list. Hopefully you have a priority list.

Investing time and energy generating prospects reap the benefits of new business as you build relationships. A few primary ways we prospect at Oklahoma State include: Warm calls (not really cold calls with the data we have), asking for referrals, and networking at our athletic events.

 Analyzing needs (understanding customers)

Understanding customer behavior and preferences will improve customer satisfaction which in turn will increase retention rates. To sell, up-sell and cross-sell to multiple sports, use data to:

  1. identify when a customer places an order,
  2. how they pay,
  3. where they like to sit,
  4. where they are traveling from (residence), and
  5. other data collected that influences ticket purchases.

Consistent–systematic–contact helps inform them of packages and offers and to receive valuable feedback.

[dropshadowbox align=”right” effect=”lifted-both” width=”350px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]Mike Wendling“The more information we have about our consumers the more ‘Surprise and Delight’ opportunities we can orchestrate. These unique touch points show our fans that we care more about them than their check book.” – Mike Wendling, Director of Ticketing Analytics, @WendlingMike[/dropshadowbox]A simple tool our Director of Analytics utilizes to help understand customer needs is by asking a couple of questions when the customer creates an online account with us. For example: Which sports are you interested in? Are you interested in Suite, Club, or Stadium seating? Being creative is imperative at a university as you may be operating with limited funds.

 Addressing customer needs (proposing solutions)

How you address needs can make or break a sale. Remember, you are a problem-solver, there to help make their lives better.

Briefly describe one or more solutions of product, service, or combination of both to offer the customer. Proposing an unknown or unsought, but valuable, solution creates loyal followers. Examples include:

  • [dropshadowbox align=”right” effect=”lifted-both” width=”350px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]jess martin“Customer service is not just a skill set; it’s a culture that is contagious when you hire the right type of people. In today’s competitive world, fans desire to do repeat business with organizations that they trust and are comfortable with. Having a great customer service culture in place gives you a definite competitive advantage at earning and keeping their business.” — Jesse Martin, Senior Associate Athletic Director, Oklahoma State University, @JesseMartinOSU[/dropshadowbox]payment plans for a young family,
  • aisle seats for a tall person,
  • top row of the section below the concourse for an elder with knee problems,
  • suite for a company who now realizes the benefits of entertaining clients, and
  • placing customers in a seating section (e.g., West end zone area) to avoid the sun.

Discussing benefits

One of the primary benefits of a season ticket holder is social distinction. Season ticket holders enjoy feeling that sense of a community among fans, but also enjoy recognition as a member of an exclusive group. Creating limited discounts and perks among only the season ticket holder community is vital in order to prove it’s more beneficial to pony up for the entire season.

Utilizing data to identify specific types of benefits to engage season ticket holders may be the deciding factor in closing a sale. It could be exclusive access, memorable experiences, or valuable savings that enhance the value of season tickets. If you have the data to know that Bob buys 4 hot-dogs for his family per game, Bob will most likely appreciate a 30% off concessions discount compared to 10% off apparel at the stadium store.

Overcoming objections

real time sales tracking food & beverage merchandise
Real time sales tracking

In overcoming an objection focus on:

  1. empathizing,
  2. transparency, and
  3. appreciation.

Most customer problems can be readily handled if we actively listening and identify the customers concern. Remaining honest, transparent and open goes a long way.

If you think about it, objections come from customers who want your product. If they didn’t, they wouldn’t waste time explaining. If you’re honest about the best you can do with seating, pricing, etc., more times than not the customer will accept your best option–if they trust you.

To retain customers and gain referrals, show appreciation to customers and even former customers. By responding to the drop in business with nothing but respect and understanding, you create a pleasant experience resulting in valued word-of-mouth. Even without the expected ROI, appreciate them because you’re a professional.

Establishing & maintaining relationships

One of the primary reasons a customer intentionally desires a relationship with you is because you have become a treasured resource.

Maintaining a relationship and becoming a resource begins with consistency and reliability:

  1. Return phone calls,
  2. Follow up on a deadline,
  3. Be available at times the customer needs you,
  4. Ask customers for feedback, and
  5. Picking up the phone.

Asking for feedback with a purpose speaks volumes about your commitment to the service you provide, and how you can better the customer experience.

Pick up the phone. Not just to answer an incoming call. Pick up the phone and call your customers.  You’re a robot to them until you provide some personal connection. And it’s difficult to become loyal to a robot…unless your name is Siri.