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Solutions May 2005
Strategic
Sales
By Dick Gorelick
Mature
Marketing
I
dislike the word "marketing."
It's frequently used to
describe my alleged area of expertise,
but I never have used it to describe
my field of play. To the extent
that I've established diplomatic
relations with that word, it has
been in response to a request
that "sales" be distinguished
from "marketing."
(My response: "Sales"
involves getting rid of what you
have while "marketing"
involves making certain you have
what you can get rid of.)
Is
there a better word or term? I
think so. It's "business
development." If nothing
else, it's descriptive.
Unlike "marketing,"
the term "business development"
is understandable to everyone.
Having
said this, the academic community
appears loath to concede this
point. Equally as important, it's
the rare college or university
that has a strong business-to-business
marketing program, even though
evidence exists that business-to-consumer
activities account for less than
half of all transactions in the
United States. Beware: Star graduates
with MBA degrees are unlikely
to be well-versed in concepts
and trends relevant to the graphic
arts industry.
But
I do know some important principles
of business-to-business communications,
principles that address frequently-asked
questions about brochures and
other forms of self-promotion:
•
Frequency of contact is at least
as important as the complexity,
expense and aesthetics of the
contact vehicle. I recommend that
businesses contact every active
account (and even high-potential
prospects) at least every 30 days.
The contact can be in the form
of a newsletter, samples, an advertisement
or a promotion, a thank-you note
to good accounts, or any other
medium.
•
Information has great value to
customers. Help them become better
buyers. Provide ideas for more
effective use of the products
and services you provide. The
information could be about improved
file preparation, changing postal
regulations, paper selection,
paper prices, type selection or
suggestions about handling proofs.
If nothing else, it's tangible
evidence that you're a sustaining
resource for your customers and
are interested in helping them
achieve their business goals.
•
Never publish a document or newsletter
that mixes information and promotion.
Promotion tends to corrupt the
credibility of information. How
many times have you been reading
a helpful newsletter only to suddenly
come across the commercial message?
I'm not recommending that
you abandon communicating either
information or promotion. I'm
simply advising you not to mix
them in the same document.
•
No promotion is sufficiently clever,
eye-catching or brilliant to overcome
the absence of a compelling, differentiated
message—a unique reason
to do business with your company.
That's fundamental. Buyers
and prospects must be offered
a stated or implied reason to
buy from you.
•
Buyers are bombarded with unsubstantiated
claims every day, so avoid them
in your promotion. Focus on facts
and actual results. Evidence is
essential. Testimonials, customer
survey results, samples and other
devices are powerful. Also, avoid
inherently meaningless words such
as "quality" and "service."
•
Understand the concept of integrated
marketing communications. (Obviously,
I didn't invent this term.
It contains that terrible "M"
word.) Not too long ago this was
a theory, but today there is overwhelming
evidence that it works. Integrated
marketing communications means
that using several media with
a consistent, differentiated message
has a multiplier effect. An example:
A credible "unique selling
proposition" expressed in
a direct mail piece may have an
impact of 1x. A combination of
direct mail and a phone call to
the same recipient may have an
impact of 3x. Follow that with
a seminar or the same message
carried by another medium and
the impact may be 7x.
You're
busy making sales calls and serving
customers. What should you do
with the information in this column?
The first step is to compile,
then conscientiously maintain,
a mail list. Include the names
of decision-makers in the organizations
to which you're selling.
In most cases, your daily buying
contacts won't view these
as messages going over their heads.
You won't be asking for
an order or implying the need
for management intervention.
The
next step is to put together a
promotion calendar that ensures
meaningful contact with every
customer and high-potential contact
every 30 days. The communication
may include a newsletter, a letter
about a unique product or service,
a thank-you letter to customers
who pay promptly or prepare files
well, or samples.
The
results are unlikely to be immediate.
But in the long run, you'll
differentiate yourself and your
firm, providing value to customers
outside of the product.