
Richard Gee....
Creating Opportunities for Marketing Success
Geewiz
News – Christmas 2001
Christmas Thankyou or Big
Ho-Hum?
This year, when it comes to
deciding about those Christmas gifts, thankyous for important customers,
you may like to give some strategy consideration to the events around the
world since September 11th, where the emphasis is now very much
on community, people within our businesses, and perhaps a little bit of
our part of the world. Your choice of promotional thankyou gift, bottle of
wine, food basket to VIP customers and special customers, should always be
based on the potential for growth from the customer rather than volume and
discounted profitability.
A small but growing trend
is for companies to make a donation to a needy cause such as Auckland City
Mission etc, and inform their customers, with a thankyou card for their
support during the year, that they have made the donation to a needy cause
in the names of all of the customers of that particular company. This
encourages the spirit of Christmas, allows everybody to feel as if they
have contributed towards the community, and obviously encourages some
goodwill.
Another alternative
strategy is actually to send a card personalised, or written note, prior
to Christmas, and then do a Welcome Back to the New Year gift in late
January when everybody is relaxed, ready to listen to new ideas, happy to
form alliances and partnerships, and seem to respond much greater to
Welcome to the New Year.
In discussions with travel
agents, it appears that many staff and employees are definitely going to
have all of their Christmas holiday break this year, but they are not
travelling far away. They’re going to be having holidays at home,
holidays at the beach house, holidays with friends and family.
There has even been a
significant downturn in bookings for company Christmas parties and special
themed events, which is probably a shame because at this time of the year
we really need to celebrate with all the members of our team for the
successful year that 2001 has been, and should be able to end up being
celebrated.
With the much tighter
drink-and-driving regulations, it’s always good to protect your
investment in your sales people, and anybody else in your company who has
a driving licence that they need to use for your organisation, by making
sure that you use taxi chits to get both them and their partner home
safely.
If you’re looking for my
recommendations as to who you can get promotional gifts or gift baskets or
thankyous from, check out my website, www.geewiz.co.nz,
for the referrals and testimonials area for a few personal recommendation
suggestions.
Branding – A
recent publicised survey by Reader’s Digest highlighted some research
that they undertook amongst consumers to measure brand recognition. There
were some very surprising results amongst the brands, however the
tried-and-true brands that consistently involve themselves in publicity,
sponsorship, and have a good merchandising and self promotional awareness,
were the brands that came through.
The maxim, that brands are
built on publicity not through advertising value, is very true. With the
season of goodwill coming forward, and holiday periods, you should be
looking for opportunities to publicise your brand, by being involved in
activities that your customers and your staff think positively about.
Traditionally in January,
news is very light and it is a good time to publicise your company’s
involvement in strategic projects, charities, and support for business in
the community, so get your P.R. story together and make contact with your
media journalists and tell them about some of the things that you are
doing that they may want to use in news stories over the December period.
Most importantly, make sure
that if you are going to be giving away a promotional gift that your brand
is on the promotional gift, accurately portrayed as to colours, and most
of all has a message that drives people to your website for further
information.
Websites – A
major feedback at the moment is that people are becoming concerned that
emails sent from searching into a website take too long to be answered.
Successful websites now have a promise of reply, eg. "We promise to
reply to your email within 60 minutes during normal business working
hours." If your website doesn’t have a promise of service, people
are less likely to send you an email direct from the website, and this
means that you are unable to measure how many successful enquiries are
coming from your website, and you may be losing custom if they happen to
search onto the next website that has a promise of service on it.
Major Account Relationships
– This is a good time of the year
to be thinking about your sales team’s relationships with its major
accounts, reviewing the growth in revenue, profit, and if possible people
relationships and decision makers befriended, with a view to either
maintaining the same representation with the same major client, or making
changes for the coming 2002 year in order to improve the expected result.
The New Zealand market is a
very small market. Management Magazine in December will produce its list
of the Top 200 companies out of 240,000 registered companies, and more
recently Unlimited Magazine created a list of the top 50 fastest growing
companies. This suggests that in our small but tight economy in New
Zealand, we have some 250 companies that should be targeted. In Australia,
the numbers are slightly larger because you have a much greater industrial
base, but you are still talking specifics of only top corporates and
fastest growing companies of nearly 3,000.
This, then, suggests that
if you want to penetrate these kind of clients, you need to have top
performers, rewarded with good base levels of salary remuneration plus an
incentive for profit growth and achieving specific objectives or KPIs
within those targeted clients.
One of the greatest
successes with major accounts is to set objectives for achievement with
that account every 90 days, giving you at least 4-5 objectives over the 12
month period that will grow the customer’s spending with you, and
hopefully your profits.
Praise – In
the next 6 weeks is the time to put those letters of praise, those special
thankyou appraisal meetings, and generally communicate to your team, sales
team, customer service team, management team, and of course all those
production, assembly and people that make things happen.
The phrase "praise a
person a day" goes a long way to being a successful manager and also
to being a successful team member. Being able to just pass on your thanks,
a little recognition for something well done, motivates people to perform
better than yesterday. My question to you today is, who can you find to
praise, and how much time over the next 6 weeks can you find out of your
busy day, to just take aside somebody in your team and pass on a little
bit of praise, maybe even challenge them for the coming 2002 year.
CEO Selling Strategies - A
very simple but effective strategy as this time of the year is for your
CEO or General Manager or Sales Manager, to go and visit your top 10
customers and meet with the equivalent role, eg. CEO, General Manager, to
discuss with them what level of extra services, what increases in business
could be obtained if anything could be improved, and generally recognise
at a senior level that the customer does count. Frequently, boards of
management, CEOs and General Managers have no contact with replacement
purchases done by Purchasing Managers or Supply Purchasing Officers, and
get out of touch with who their important suppliers and customers are.
This simple but effective
meeting, which perhaps lasts 20 minutes, is a very good way of keeping
that communication going, and reviewing information for planning sales
development plans or marketing plans for the coming year.
Make a list now of your top
10 clients, and get on the phone and start making appointments to go and
see them.
Motivation – I’m
often asked, how do I motivate my team? The simple answer is, you don’t
motivate your team, they motivate themselves providing you encourage the
right attitude, encourage the right use of action skills, and then you
have a very good example of self ability.
Motivation is about
providing the tools to encourage people to outperform themselves, it’s
about people providing challenges to themselves to be better than the
tasks set to them. Some of the best motivation tools are challenges,
setting objectives, praise, trust, enthusiasm, responsibility, and candor.
Perhaps the greatest
motivator of a sales team is teamwork, where the individual members of the
team feel as if their contribution makes a difference to the team’s
results. The weakest member of the team then tries to pull themselves up
to be better, the top performer in the team looks to continually lead from
the front.
There are many books on
motivation, tapes on motivation, CDs, videos, but motivation really comes
from within. A good sales manager helps his team consistently carry a
positive attitude, undertake positive actions, manage their time
efficiently, report effectively on customer developments, and share
everybody’s success. That brings about an attitude that is motivational
to want to go to work.
Stress –
In sales people, is often shown up by missed appointments, missed
follow-through, inaccurate administration, sales level dropping, terse
replies to emails, correspondence and memos, excessive discounting to gain
sales, and sometimes even aggressive behaviour in sales meetings towards
you as sales manager, constantly criticising, questioning etc.
If you recognise any of
these symptoms in your sales team it’s time to make sure that they have
a good holiday, need to be taken aside and given an appraisal, or maybe
even a territory switch after they’ve had their holiday break of course,
to encourage them to think about and apply greater effort.
Remember that your
investment in the sales person is high, you need to have them presenting
their best personality when it comes to customer communication, and when
they are under stress caused by either company activities or personal
activities, the only person who will suffer is your customer.
The outlook for 2002? I
believe that 2002 is going to be a really tough year, we’re going to
have to work harder to build purchase decisions from customers that we
sell to, and marketing strategies are going to have to reward customer
loyalty, and encourage customer relationships better than before.
I don’t believe in the
word "recession", I believe we going to have an
"attitude" year. This means that those companies that get in
behind their sales team and their marketing team, and positively reinforce
the ego, encourage initiative, reward success, will be able to achieve
market share growth. And if you don’t, you’re going to lose market
share, lose profits, and generally have a ho-hum year.
With economies in this part
of the world running in 90 day quarters, it’s important that you focus
on 90 days at a time, maximising every strategy that you can to
communicate to your customers, tell them of how wonderful it is to have
their loyal business, and make sure that your sales team effectively cover
the customer base.
Among strategies that I
believe will help businesses is to put back the receptionist - put the
press button 1, press button 2, press button 3 system out to pasture - put
a human face back on your business.
Another strategy will be to
make sure your sales team call at least once on all of those C and D
category clients who you’ve been telemarketing and sending mail to. They
will be feeling neglected, and during 2002 will walk if you don’t make a
contact.
With the release of Viewphone, that is the visual LCD screen of the head and shoulders
customer service person, it’s important that you provide training in
visual face-to-face communication skills for your inbound/outbound
telemarketing staff, and also your customer service team. The fast growth
of Viewphone, accentuated by being able to put voice communication over
the internet, along with a visual, will enable companies that embrace this
new technology to increase their customer service ability to add value to
sales, to sort out problems faster, and most of all to make more sales
because you will add that vital face-to-face human ability to help people
make informed buying decisions.
There are some very
attractive little phone units around with small LCD screens on them,
complete with a digital camera – this is going to be the new technology
for 2002.
In your marketing
strategies, you really need to seriously think about the P.R. activities
that you undertake to promote your brand, the good works, and your
products and your services. If you haven’t already got a P.R. consultant
on board, you need to be interviewing and selecting P.R. consultants based
on their knowledge, their media contacts, and their past experience with
other clients.
A good P.R. consultant, or
perhaps a marketing consultant with good P.R. links, will do wonders for
your business in 2002 by constantly keeping the media and other news
organisations informed with the right information, and portraying the
right message.
Marketing plans will be
more short term focused, that is if they are not already short term
focused. Long term strategy plans are much harder to implement, and people
lose interest very fast in trying implement these long term plans.
Who knows how long the
effect of this war on terrorism is going to last, on buyer decision
making. You will need to continually focus your team’s effort on
customer relationships, talking about your products and services rather
than world war events.
Another strategy will be to
make sure that your key staff are being rewarded, not only financially but
also in recognition, job satisfaction, job challenge, as a way of making
sure that your return on investment is retained. I believe there will be
less job changes, people seeking new careers paths, as most salespeople
and customer service people will be concerned about maintaining their
positions and their income and their lifestyle.
We will continue to see
fallouts from the web e-commerce companies, and this will bring onto the
market some interesting, high calibre, motivated, innovative people that
will now be looking for established structures to use their talents in.
Your organisation could be that established structure to take on new
growth people.
Continuation of the trends
towards more service orientated businesses, where services are contracted
out to speciality service organisations or new innovative solutions are
provided through services.
Some interesting consumer
trends, with continued movement more towards organic foods and
organic-sourced foods, plus the health drinks becoming more mainstream, as
we continue to look after the healthy body/healthy mind concept.
The great growth in
computer technology will be around voice technology over the internet, and
Viewphone, with tremendous growth in the Palm Pilot small handheld
accessible information and portable data entry.
Sales force automation will
continue to expand to more and more industries, direct entering details
and data at the point of helping the customer make their informed buying
decision, and then transferring that data while on the move, to make sure
services and products are provided promptly.
For New Zealand, this 2002
being an election year, will mean that we will have 3 good quarters of
trading, and then the last quarter will be upset by the run-up of 5-6
weeks before an election when businesses stop making decisions.
In Australia, the big drive
for 2002 will be to make businesses more competitive in their internal
economy, and also to look at the high cost of labour as businesses strive
to become more competitive.
South East Asia will see
more control by domestic companies and home-grown companies, as they
strive to increase their sales revenue rather than waiting on major
international groups or corporates to provide them with new industry. A
big opportunity for New Zealand and Australian companies to provide
innovation, technology, and solutions that can be input within these
growing business areas.
A country whose economy is
growing very fast is Vietnam. It is more than just a low labour source,
its quality is vastly improving, its opportunities to grow businesses fast
is being helped by an interesting commerce-run government that appears to
be modelling itself on the successes of Singapore 20 years ago. If Vietnam
can catch up using the same models that Singapore has successfully
implemented, it will have a faster economic growth than much larger
economies such as China.
China continues to be an
exciting source of business development, providing you can cope with the
many methods and skills of doing business. Often overlooked is that China
is a nation of small to medium businesses.
Many companies have
recognised the importance of developing strong relationships with South
East Asia, and it certainly is a very similar place to use New Zealand and
Australian selling style techniques of getting to know the people first,
then qualifying and building the quality image of your company, then
introducing your products and services.
2002 is going to be a good
year for those people who sit down and plan and work at it. Make sure when
you review your business plans in January/February, that you think of
actions that you can take to build your business.
Richard Gee Activities – Well,
thank goodness an incredible year has almost come to an end. So many new
friends met, conferences addressed, seminars run, in what must be a record
year.
Thanks to all of you who
have made it so successful for me, as well as my many marketing clients
where we’ve had our successful strategies put into place.
To find out more about the
seminar program for 2002, go and check out my website, and there’s a
copy of the public seminar program.
There is, coming up in
December, various conferences that I will be addressing, including New
Zealand National Speakers’ Conference, where I will be participating
along with 50 other top speakers from the United States, Canada,
Australia, and New Zealand in presenting, from my point of view, why New
Zealand speakers are amongst the best in the world.
The 10th
December sees me in Whakatane, working with the Hamilton Chartered
Accountants Society, helping local businesses in that area understand why
Kiwi business people are better at marketing than anybody else in the
world.
Coming up under editing and
creation over the December/January period, is my next new book on sales
management, and the managing of sales forces effectively, with lots of
practical ideas – a sequel to my successful book "Practical
Marketing in New Zealand" published by Brookers.
Enjoy some business sales
and marketing success, and see you in 2002!
Kind regards,
Richard P. Gee
Interactive Author,
Marketing Consultant, Sales Training Consultant, & Geewiz Guru!
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