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	<title>Product Marketing System &#187; Sales</title>
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	<description>Simple, Effective, Affordable and Repeatable Systems</description>
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		<title>Present using the Balance Scorecard</title>
		<link>http://productmarketingsystem.com/present-using-the-balance-scorecard/</link>
		<comments>http://productmarketingsystem.com/present-using-the-balance-scorecard/#comments</comments>
		<pubDate>Fri, 07 Aug 2009 23:08:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Product Marketing]]></category>
		<category><![CDATA[Balance Scorecard]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Presentation]]></category>
		<category><![CDATA[Sales]]></category>

		<guid isPermaLink="false">http://productmarketingsystem.com/present-using-the-balance-scorecard/</guid>
		<description><![CDATA[Most of us know the strategic use of the Balance Scorecard and use it or at least a variation of it at some to run our business. But if it is good for your business, would it not be something that is simple and straight forward to your customer. A quick overview of the four [...]]]></description>
			<content:encoded><![CDATA[<p>Most of us know the strategic use of the Balance Scorecard and use it or at least a variation of it at some to run our business. But if it is good for your business, would it not be something that is simple and straight forward to your customer. A quick overview of the four areas of the Balance Scorecard:<img src="http://productmarketingsystem.com/wp-content/uploads/2009/08/istock-000000240245xsmall.jpg" style="MARGIN: 5px; WIDTH: 150px; DISPLAY: inline; FLOAT: right; HEIGHT: 223px" height="223" alt="iStock_000000240245XSmall.jpg" width="150"/></p>
<ul>
<li><strong><span style="TEXT-DECORATION: underline">Financial</span>:</strong> How do we look to shareholders?</li>
<li><strong><span style="TEXT-DECORATION: underline">Customers</span>:</strong> How do customers see us?</li>
<li><strong><span style="TEXT-DECORATION: underline">Internal process</span>:</strong> What must we excel at?</li>
<li><strong><span style="TEXT-DECORATION: underline">Innovation and Learning</span>:</strong> Can we continue to improve and create value?</li>
</ul>
<p>Balanced Scorecard aligns organizations to new strategies: away from the historic, short-term focus on cost reduction and low-price competition, and toward generating growth opportunities by offering <strong>customized, value-added products, and services</strong> to customers.</p>
<p>All this sounds pretty good so why don&#8217;t we just reverse the strategy and make our Sales and Marketing presentations accordingly:</p>
<p>To measure your product or services value to your customer organizations:</p>
<ul>
<li><strong><span style="TEXT-DECORATION: underline">Financial</span>:</strong> What increase in revenue or decrease in cost are they going to achieve?</li>
<li><strong><span style="TEXT-DECORATION: underline">Customers</span>:</strong> What will allow them to leapfrog or succeed more than their competition?</li>
<li><strong><span style="TEXT-DECORATION: underline">Internal process</span>:</strong> What will change and how do you minimize the worst case scenario?</li>
<li><strong><span style="TEXT-DECORATION: underline">Innovation and Learning</span></strong> How easy is it to implement and who is involved?</li>
</ul>
<p>If we continue on and follow the best practices for using the Balanced Scorecard are approach would continue by keeping objectives simple, use others(most specifically our customers) to help develop specific objectives, link objective to revenue increase/cost reductions and clearly state and communicate objectives.</p>
<p>This may not be totally encompassing of a good presentation but if these four scorecards areas were accounted for in every presentation, would you improve your likelihood of success?</p>
<p xmlns="" class="zoundry_raven_tags">  <!-- Tag links generated by Zoundry Raven. Do not manually edit. http://www.zoundryraven.com -->  <span class="ztags"><span class="ztagspace">Technorati</span> : <a href="http://www.technorati.com/tag/Balance+Scorecard" class="ztag" rel="tag">Balance Scorecard</a>, <a href="http://www.technorati.com/tag/Marketing" class="ztag" rel="tag">Marketing</a>, <a href="http://www.technorati.com/tag/Presentation" class="ztag" rel="tag">Presentation</a>, <a href="http://www.technorati.com/tag/Sales" class="ztag" rel="tag">Sales</a></span> </p>
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		<item>
		<title>Should there be a hole in your sales Funnel</title>
		<link>http://productmarketingsystem.com/should-there-be-a-hole-in-your-sales-funnel/</link>
		<comments>http://productmarketingsystem.com/should-there-be-a-hole-in-your-sales-funnel/#comments</comments>
		<pubDate>Sat, 28 Mar 2009 16:17:26 +0000</pubDate>
		<dc:creator>Dager</dc:creator>
				<category><![CDATA[Product Marketing]]></category>
		<category><![CDATA[Lead Conversion]]></category>
		<category><![CDATA[Lead Generation]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[Sales Funnel]]></category>

		<guid isPermaLink="false">http://productmarketingsystem.com/should-there-be-a-hole-in-your-sales-funnel/</guid>
		<description><![CDATA[We marketers spend our time discussing target market, ideal client, core message but do we really listen to it! Do we take our own advice? That is the question I see many prospects questioning. We preach(ok, speak), give webinars, and even write books on the subjects. But do we ever not friend someone or hesitate [...]]]></description>
			<content:encoded><![CDATA[<p style="TEXT-ALIGN: left">We marketers spend our time discussing target market, ideal client, core message but do we really listen to it! Do we take our own advice? That is the question I see many prospects questioning. We preach(ok, speak), give webinars, and even write books on the subjects. But do we ever not friend someone or hesitate about adding someone to our social media list. They might just become a client. So, we just say how can we help you and cram them into our funnel.</p>
<p style="TEXT-ALIGN: left">That says many times we just did not qualify them. Sound better! How <a href="http://www.business901.com/blog1/wp-content/uploads/2008/10/sales-funnel.jpg"><img style="BORDER-BOTTOM: 0px; BORDER-LEFT: 0px; BORDER-TOP: 0px; BORDER-RIGHT: 0px" src="http://www.business901.com/blog1/wp-content/uploads/2008/10/sales-funnel-thumb.jpg" border="0" alt="Sales funnel" width="186" height="244" align="right" /></a> ever, I think we should put another hole in our sales funnel. Just not at the bottom, maybe in every section. Accept the prospect, and than see if he fits through our funnel. If we struggle keeping him in the funnel have a pressure relief valve that leaves him exit gracefully.</p>
<p style="TEXT-ALIGN: left">Wonder why we get bad clients? We are successful at cramming them through the funnel instead of leaving gravity do its job. You can provide an easy path and even accelerate it but stop trying to overcome objections, just provide answers to them and leave good old gravity take its course.</p>
<p style="TEXT-ALIGN: left"> </p>
<p style="TEXT-ALIGN: left">P.S. There is another way of getting people out of your sales funnel, it could be overflowing.</p>
<div id="scid:0767317B-992E-4b12-91E0-4F059A8CECA8:8ecdc6e1-c71f-4f39-8c11-ff50e5676425" class="wlWriterSmartContent" style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; DISPLAY: inline; PADDING-TOP: 0px">Technorati Tags: <a rel="tag" href="http://technorati.com/tags/Sales">Sales</a> ,<a rel="tag" href="http://technorati.com/tags/Sales Funnel">Sales Funnel</a> ,<a rel="tag" href="http://technorati.com/tags/Lead Conversion">Lead Conversion</a> ,<a rel="tag" href="http://technorati.com/tags/Lead Generation">Lead Generation</a></div>
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