Tuesday 5 November 2013

Grow Your Business - Why Sales and Marketing Don’t Get Along


Why Sales and Marketing Don’t Get Along


Sales teams and marketing teams pursue a common objective: create customer value and drive company results. But sales and marketing don’t always get along. Certainly, all-out war between the two teams drains productivity. Yet having the two teams work in perfect harmony and reach an easy consensus on every decision is a pipedream, and in fact, is not the best answer either.
Some tension between sales and marketing is healthy and productive.
Sales-marketing tension can stem from differences in marketers’ and sellers’ perspectives. Marketers think in terms of aggregate customer segments; sellers think in terms of individual customers. Marketers design strategies; sellers implement tactics.  Marketers focus on analysis and process; sellers focus on relationships and results. These diverse perspectives often lead to conflict. For example, marketing says, “We develop thoughtful strategies that can drive sales force success, but most salespeople won’t even take the time to understand them.” Sales says, “Marketers are locked in the ivory tower. Their plans look good on paper, but don’t work with real customers.”
But the tension created by diverse viewpoints also has a positive side. It sparks creativity and ensures that multiple sides of issues are expressed. Sales makes certain that customer needs are addressed and that short-term company revenue goals are achieved; marketing ensures that product and customer segment strategies anticipate the evolution of longer-term customer needs. Sales pushes for competitive pricing; marketing ensures that the company uses discipline in pricing.
Sales-marketing tension can also stem from the co-dependence of the sales and marketing teams. Especially when things don’t go well, situations can quickly turn to finger-pointing. Marketing says “We worked hard and generated good leads for sales, but they didn’t follow up.” Sales says, “Marketing’s leads aren’t worth my time; the last lead they gave us was for a business that shut down two years ago.”
But the mutual dependence of sales and marketing creates a productive sense of urgency and encourages both teams to do their jobs better. Sales insists that marketing provide better leads. Marketing makes sure that sales follows up. Sales helps marketing develop strategies and sales collateral that address customer needs. Marketing urges sales to spend time strategically and implement the marketing plan.
Accomplishing the common objective of creating customer value and driving company results requires competency in a wide range of tasks which fall into three categories.
  • Sales tasks. Account management, personal selling, distributor management, merchandising, sales compensation design, and numerous other sales management activities typically fall within the purview of Sales.
  • Marketing tasks. Market research, competitive analysis, market segmentation, brand positioning, packaging, and dozens of other market-focused undertakings are usually the responsibility of Marketing.
  • Joint Sales/Marketing tasks. Sales strategy formulation, lead generation, sales collateral development, pricing, sales forecasting, and many other tasks frequently require the participation of both Sales and Marketing.
Entire books, journals, business courses, and consulting companies are dedicated to helping marketers and sellers with these tasks. Yet very little is written about how to get sales and marketing to work together to keep all of the tasks aligned around the common objective.
Four strategies help companies accomplish all of this work with a healthy balance of sales-marketing harmony and tension.
  1. Make sure all sales tasks to get done well. Design a high-impact sales organization, hire sellers with characteristics such as interpersonal ability and results-drive, and develop the competencies sellers need to succeed. Support the sales force with structures, processes, systems, and programs that enable sales success.
  2. Make sure all marketing tasks get done well. Design a high-impact marketing organization, hire marketers with characteristics such as analytical savvy and strategic thinking ability, and develop the competencies marketers need to succeed. Support the marketing team with structures, processes, systems, and programs that enable  marketing success.
  3. Implement processes and systems that encourage communication and collaboration.Ensure that Sales and Marketing communicate about tasks that the two teams perform independently, and collaborate around tasks that require joint effort.
  4. Create a culture that facilitates teamwork. Start with strong sales and marketing leaders who, through their words and actions, consistently reinforce a cooperative, customer-focused culture.
by Andris A. Zoltners, PK Sinha, and Sally E. Lorimer

Grow Your Business - How to socialize your company’s event


Get real. A hashtag like #MotoXBrasil2013 would last for two days, best case. Instead, we picked a short, generic, and evergreen hashtag: “MotoX.” The other 363 days of the year this hashtag represents whatever is happening with Moto X, but for two days it was the event in Brasil.
The big picture is that you want a hashtag that’s constantly in people’s faces, trending, and consistent, whether it refers to an event in Brazil, Mexico, or Peru, or new television commercials.

Tell everyone what the hashtag is
From the moment you start promoting an event, the hashtag should be in place. This means on your website, in advertising, and all electronic correspondence including your email signature.
Your program should mention it on the cover. The introductory slides should publicise it in sixty-point type. Every employee, speaker,vendor, and guest should know what it is.

Ask attendees to use the hashtag
It’s not enough to pick a hashtag and tell attendees what it is. You need to ask attendees to use it, too. The “voice of God” should mention it when he/she is making announcements. Your host should exhort people to use it. Toward the end of the Moto X tour, I began my keynote with a request that people tweet that they were at the event and use the hashtag #MotoX and I waited while they tweeted. You cannot pimp your hashtag too much.
Broaden what socializing an event means
The audience for the hashtag is not only the people at the event. The audience is anyone in the world who’s interested in the product or company. Thus, a tweet such as “Not in Brasil? See this review of #MotoX to see what the excitement is all about:Motorola Moto X Review!” is appropriate. This kind of post with a high-value link is more likely to be retweeted and reshared.

Assign the socialising task to a person
There’s a lot going on at an event: audio-visual production, facilities, babysitting speakers, guest registration, food and beverage, and press coverage. If you truly want a socialised event, you need to assign someone at the event to do nothing but manage social media coverage. Expecting people to time slice at the event won’t work.
Done right, this person is the busiest person at your event. Before it, he or she will schedule promotional posts about the event. During it, she will live tweet what’s happening and take pictures and video of speakers and guests. During breaks, she will post these pictures and videos to Google+, Twitter, Instagram, and Pinterest as well as retweeting and resharing other people’s posts about the event.
After the event, she will post more pictures and videos and try to ensure people who are in these pictures and videos know that that they are so that they spread them, too. PR people from your agency cannot do this well if they are concerned with journalists and bloggers and taking care of the speakers and executives.
In the case of the Moto X launch, the founder of Pegitas, Peg Fitzpatrick ran the show for me. The social media success we achieved was simply not possible without her.
Livestream video coverage
Think of all the money that you’re spending to make the event happen. Why wouldn’t you broadcast live video coverage? Are you afraid that too many people will place orders? Get real. If you’re announcing a product in Bogota, you want a blogger in Moscow to write about it, too.
Livestreaming is obvious for a product announcement, but what if people are paying to attend your event? The fear is that people decide not to attend because they can watch for free. You could charge people to watch the livestream if that makes you feel better, but I would make the case that these people would not have attended anyway.
Also, if watching your event is as good as attending it live, you’ve got a bigger problem. I encourage to think big: livestreaming an event encourages people to attend in person the next time.
Provide real-time updates
If you’re not livestreaming video, at least have your social-media person provide blow-by-blow updates. Outfits like The Verge provide outstanding live coverage of events such as Apple announcements, so learn from what they do. This isn’t as good as livestreaming, but it’s cheaper and easier.
Display the tweet stream
There are services that display the tweets that contain a hashtag in real time. Displaying these tweets encourages more interaction and use of your hashtag. For some people this is like seeing their picture on the big display in Times Square -- they’ll find it irresistible. You can find many tools to do this by searching for “stream twitter hashtags” on Google.
There is a downside to this. First, tweets could get ugly if your speakers suck or your announcement isn’t impressive. Second, speakers must compete with the tweet stream for the attention of the audience. You can always turn off the feed if necessary.
Provide fast, free, and unprotected wireless access
If you want your event and hashtag to trend, you need to enable guests to post fast, free, and easily. Again, you’re spending a lot of money to get people to come to an event, you’re pounding the hashtag into them, and now you’re not going to make it easy to post by providing wireless access?
What alternate marketing universe are you living in?
And don’t password protect the wireless network. Are you afraid that somebody is going to host his website for five hours using your network? You should remove all the speed bumps to promoting your event. The upside of open access to a wireless network is much more social media exposure. The downside is … I can’t think of any.
Provide a place to take pictures
After the initial Moto X events, I requested an area for taking photos. The area needed good lighting and a backdrop with “Moto X” printed all over it. Think of the pictures of celebrities at the Academy Awards -- they’re standing in front of a backdrop with the Academy Award graphics.
I also learned that people will use this designated area to pose with their friends. They see the backdrop, and they think: “Let’s take a photo here to show we were at the event. Let’s pretend we’re Paris Hilton or David Beckham.” Roughly 100% of these photos get shared on social media -- hopefully, many with your hashtag. The bottom line is that every picture is a branding opportunity.
Power Tip: You can use a product such as Adobe Lightroom to watermark your photos with your logo. This means that no matter where the photo is taken, your logo will appear.

 Entrepreneurship+

E - Report - Video: Tiwa Savage Ft. Don Jazzy - Eminado [Official Video]

Tiwa Savage, the kele kele love singer and queen of Mavins' drop a new video featuring Don Jazzy. Classy!



Published on Nov 4, 2013
Music Video by Tiwa Savage "Eminado"
© 2013 323 ENTERTAINMENT. MAVIN RECORDS


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