Welcome | Sign In
CRMBuyer.com
Strategy

INSIGHTS
Sales 2.0 and Marketing Too

Print Version
E-Mail Article
Reprints
Sales 2.0 and Marketing Too

Our Bronze Age ancestors discovered the trick to an annual harvest is annual planting. While we might like the harvest idea, the planting idea is a tougher thing to get your head around. If you recall the story of the Little Red Hen, most of us would rather harvest than plant. The story shows we'd rather enjoy the fruits of the harvest and leave the planting, cultivating, harvesting, processing and baking to someone else.


To thrive in today’s highly competitive business environment, you need innovative approaches to attract and retain customers. Click here to see how Salesforce.com, West Marine, and VForce-AAA Ohio use LiveOps to optimize their customer experiences.

Sales 2.0 is a big deal both because it is causing us all to take a new look at selling -- along with all of the social networking ideas and technology that is changing our work habits -- as well as for what it says about marketing.

To be frank, Sales 2.0 is actually more about marketing than selling. However, the reality is that marketing solutions don't sell as well as sales solutions and, consequently, we have the situation before us. I long ago gave up on trying to convince anyone about the value of marketing because the people who buy marketing really want sales, and the surest way to sell marketing is to call it sales.

These days, I tell my marketing-oriented clients to get as close to sales as they can to ensure that they close deals. I have even gone so far as to draw a crude bull's eye target on a white board. The exact center is labeled "selling," the next ring is where you want to be if you are not a bona fide sales force automation product and a third or outer ring is no man's land -- conventional marketing and companies squarely positioned there have a tough row to hoe.

How did it get this way? Is it a good thing? First things first.

Planting and Harvesting

Marketing is seasonal -- like planting -- and so is harvesting or selling. Our Bronze Age ancestors discovered that the trick to an annual harvest is annual planting. While we might like the harvest idea, the planting idea is a tougher thing to get your head around. If you recall the story of the Little Red Hen, most of us would rather harvest than plant. Actually, the story shows that we'd rather enjoy the fruits of the harvest and leave the planting, cultivating, harvesting, processing and baking to someone else -- just ask a 5-year-old for the details.

Truth be told, many of the people who want closable leads, deals won and upward-trending graphs don't want to be concerned with the details of attraction, nurturing and hand-off as a distinct process. (They have quotas and tee times, dammit!) Too often that results in, "Just gimme the list, I can close anything!" However, as Jim Dickie and Barry Trailer observe in their masterful annual sales report, only about 59 percent of commissioned sales people made quota last year. Yes, indeed.

Here's the thing about marketing -- sometimes you need a little and sometimes you need a lot. You need a little when a market and the category it represents is young, the market is fragmented and the world has to have that thing of yours NOW. You need more marketing when markets get tired -- they already have the whizbang in question and they don't have a compelling need to get another, spiffier version. Yesterday's iPod is just fine, thank you very much.

So marketing it is, but not too much: We already (smugly) know that half our marketing budget is wasted so we want that number to remain small. Ironically, we make no distinction between money spent on the wrong programs and money wasted by incompetence. We could look for ways to improve that 50/50 ratio, but we don't seem to get to that point very often. That's why I say that smart selling is a lot like marketing, and great marketing bridges the gap with sales.

Marketing in Disguise

If you look at Sales 2.0 right now that's what is going on. There are a lot of solutions that a prudent person might allege to be marketing. The social networking concepts we use to identify likely prospects and the Web 2.0 technologies we use to go after them all smack of marketing -- Peppers and Rogers' 1:1 marketing to be precise.

In a neat trick though, we let the sales team use those tools and therefore claim that, hey, this is selling -- a new kind of selling with a shiny 2.0 in the title. Well, maybe it is, and maybe it's a difference without a distinction. Sales 2.0 is, at the end of the day, about incorporating 1:1 marketing into selling (finally!). It's about using tools and techniques that either were not available when 1:1 marketing was first proposed or that were in their infancy -- think about where the Internet was circa 1993.

Al Gore did what?

The next thing you know we might be using words and phrases like "learning relationship" in selling -- that's when you'll know the trip from sales to marketing is complete. And you know that saying about 50 percent of the marketing budget being wasted? Perhaps at some point in the near future sales will invite marketing professionals in to help out and maybe that number will begin to budge.

Anyone ready for some planting?


Denis Pombriant is the managing principal of the Beagle Research Group, a CRM market research firm and consultancy. Pombriant's research concentrates on evolving product ideas and emerging companies in the sales, marketing and call center disciplines. His research is freely distributed through a blog and Web site. He is working on a book and can be reached at denis.pombriant@beagleresearch.com.


Print Version E-Mail Article Reprints More by Denis Pombriant


Talkback: Join the Discussion.
Sales 2.0 - Sales or Marketing?
davestein
Posted 2008-06-19
Dennis, ...

More by Denis Pombriant

The Empty Promise of Experience Without Engagement
March 10, 2010
Customer experience is the hot concept of the moment in business circles. It's certainly not a bad thing to be pleasant with customers and make them comfortable, but too often companies are using "customer experience" as a firewall between themselves and customers. The other half of customer service -- and the thing that balances out "Have a nice day!" -- is overt and outbound customer engagement.
The Sometimes-Deadly 'Customer Experience' Strategy
March 03, 2010
It's great when companies send in technicians to fix problems with individual products, but it's still management's job to zero in on the root causes and spend the money necessary to eliminate the possibility of repeat. Too much focus on customer experience and empathy at the expense of putting processes in place that actually solve problems can have severe repercussions.
VCs' Confidence Crisis
February 24, 2010
Today's relative plunge in investment is more than an indication of tight credit or a recession. It's also a crisis of confidence and a crisis of new ideas and that won't be repaired by pouring money on Silicon Valley. While many fields might get a share of the VC pie -- green tech, bio tech and others -- I think there are still great opportunities in CRM.
Don't miss a story -- sign up for our FREE e-mail newsletters and view the latest headlines at a glance.
Tech News Flash [ View Sample ]
E-Commerce Minute [ View Sample ]
ECT News Network Weekly Newsletter [ View Sample ]
Shortcuts
ECT News Network Information
Reader Services
Corporate
ECT News Network