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	<title>OneSource Insight</title>
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	<link>http://insight.onesource.com</link>
	<description>The Resource Center for Business Professionals</description>
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		<title>Mobile Marketing: Developing Best Practices</title>
		<link>http://insight.onesource.com/mobile-marketing-developing-best-practices/368</link>
		<comments>http://insight.onesource.com/mobile-marketing-developing-best-practices/368#comments</comments>
		<pubDate>Mon, 14 Sep 2009 17:18:58 +0000</pubDate>
		<dc:creator>daniel_vescuso</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Mobile Marketing]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=368</guid>
		<description><![CDATA[More and more marketers are taking advantage of advances in mobile technologies as a way to reach many prospects at once while still keeping the impression of being intimate.
As mobile devices become ubiquitous and the sophistication of smart phones increases, mobile marketing will evolve and become a more significant part of the marketing mix.
Since mobile [...]]]></description>
			<content:encoded><![CDATA[<p>More and more marketers are taking advantage of advances in mobile technologies as a way to reach many prospects at once while still keeping the impression of being intimate.</p>
<p>As mobile devices become ubiquitous and the sophistication of smart phones increases, mobile marketing will evolve and become a more significant part of the marketing mix.</p>
<p>Since mobile marketing is such a new and evolving field, it will be a challenge for most firms to develop viable marketing programs and to develop organizational best practices. </p>
<p>The issue will be how companies design and implement campaigns to accommodate all different sorts of mobile devices as well as being able to analyze results.</p>
<p>In a recent study, the Aberdeen Group outlined a few ways in which an average firm might break into mobile marketing successfully:</p>
<ul>
<li><strong>Determine performance metrics for measuring mobile marketing effectiveness.</strong> These metrics are necessary for tracking success over time. Like many other initiatives, mobile marketing is a continuous improvement process, and without these key metrics it can be difficult or impossible to assess and improve on a campaign.</li>
<li><strong>Streamline the process for allowing a customer to opt-in or opt-out of these mobile marketing campaigns.</strong> Beyond the obvious, this will give the company another set of metrics for determining success.</li>
<li><strong>Hire resources that have mobile marketing as part of their job description.</strong> Mobile marketing specialist agencies can assist with campaign development, implementation, and analysis.</li>
</ul>
<p>In addition to these three tactics, Aberdeen surveyed top performing firms to assess the strategies they used to produce results via mobile marketing.</p>
<p><img class="alignnone size-full wp-image-392" title="Mobile Marketing post" src="http://insight.onesource.com/wp-content/uploads/2009/09/Mobile-Marketing-post3.JPG" alt="Mobile Marketing post" width="640" height="359" /> </p>
<p>The audience for mobile campaigns may be larger than that available through other marketing channels. Although reach is one of the main incentives for exploring mobile marketing, marketers need to realize that volume does not trump the importance of targeting; unqualified responses will not move the needle. Taking this attitude ensures that not only will the firm generate many leads from mobile marketing but that a good portion of these leads will be quality and will close.</p>
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		<title>It’s Time for Email Advertising to be Treated as Advertising</title>
		<link>http://insight.onesource.com/it%e2%80%99s-time-for-email-advertising-to-be-treated-as-advertising/353</link>
		<comments>http://insight.onesource.com/it%e2%80%99s-time-for-email-advertising-to-be-treated-as-advertising/353#comments</comments>
		<pubDate>Mon, 14 Sep 2009 15:36:51 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Email Marketing]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=353</guid>
		<description><![CDATA[Email marketing aficionados are rightfully proud of the fact that email is the most cost-effective ad medium. The Direct Marketing Association believes email will generate $43.52 for every dollar spent in 2009 – more than twice the return of search marketing.
The favorable math of email gives direct marketers the chance to focus on the “knowledge” [...]]]></description>
			<content:encoded><![CDATA[<p>Email marketing aficionados are rightfully proud of the fact that email is the most cost-effective ad medium. The <span style="text-decoration: underline;"><a title="Direct Marketing Association" href="http://www.the-dma.org/" target="_blank">Direct Marketing Association</a></span> believes email will generate $43.52 for every dollar spent in 2009 – more than twice the return of search marketing.</p>
<p>The favorable math of email gives direct marketers the chance to focus on the “knowledge” side and optimize frequently overlooked elements, like concepts. Unfortunately, this rarely happens.</p>
<p>Email ads routinely lack the conceptual quality associated with great advertising. Offers are lackluster. And list usage, a make or break factor, is often abysmal.</p>
<p>Anyone with an inbox knows email is a crowded medium. To maximize the odds of success, marketers must ensure that (forgive the cliché) all stars are in alignment.</p>
<p><img class="alignnone size-full wp-image-354" title="ClickSoftware Email Ad Cropped" src="http://insight.onesource.com/wp-content/uploads/2009/09/ClickSoftware-Email-Ad-Cropped.jpg" alt="ClickSoftware Email Ad Cropped" width="665" height="536" /></p>
<p><span style="text-decoration: underline;"><a title="Click Software" href="http://www.clicksoftware.com/" target="_blank">ClickSoftware</a></span> makes mobile workforce management software. This email ad is a rare hybrid: an emotional concept tied to today’s economic times, a relevant and captivating offer; strong storytelling; and all elements optimized to ensure maximum delivery. The ad recently deployed, and results in the U.S. are considerably above the norm for this marketer.</p>
<p>Here are five ways to revolutionize your email advertising:<br />
- Work with unusual, captivating, smart creative concepts.<br />
- Think of email as a platform for telling great stories.<br />
- End the monologue and start a true dialogue with readers.<br />
- Move beyond the usual offers. Dare to be different.<br />
- Test audio and video on your email landing page.</p>
<p><strong>Robert Rosenthal</strong> is the Founder of <a href="http://www.themothersofinvention.com" target="_blank">Mothers of Invention</a>. Robert&#8217;s agency has created dozens of record-breaking campaigns and won more than 50 results-based awards.<br />
<strong>____________________________________________________________<br />
</strong>View a link to the archived presentation: &#8220;Taking Your Email Marketing from Average to Awesome&#8221; and to register for the October and November sessions in this webinar series: <a href="http://www.onesource.com/micro_sites/US_MOI.aspx">http://www.onesource.com/micro_sites/US_MOI.aspx</a><br />
<strong>____________________________________________________________</strong></p>
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		<title>The Importance of Sales Training</title>
		<link>http://insight.onesource.com/the-importance-of-sales-training/333</link>
		<comments>http://insight.onesource.com/the-importance-of-sales-training/333#comments</comments>
		<pubDate>Mon, 10 Aug 2009 21:38:29 +0000</pubDate>
		<dc:creator>daniel_vescuso</dc:creator>
				<category><![CDATA[Sales]]></category>
		<category><![CDATA[Sales Performance]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=333</guid>
		<description><![CDATA[Recently the tumultuous state of the economy has caused firms to cut costs wherever possible, and it seems that all too often training for sales reps is the first thing to go; however this practice may not be so wise. Even during a recession, revenuesare usually expected to grow, and a firm&#8217;s sales force is a major driving force for continuing [...]]]></description>
			<content:encoded><![CDATA[<p>Recently the tumultuous state of the economy has caused firms to cut costs wherever possible, and it seems that all too often training for sales reps is the first thing to go; however this practice may not be so wise. Even during a recession, revenuesare usually expected to grow, and a firm&#8217;s sales force is a major driving force for continuing this growth. </p>
<p>Top companies typically have sales reps with much higher average deal size and larger revenues per rep than the industry norm. It comes as no surprise then that these companies typically invest larger amounts in external training for their sales reps, as evidenced in this recent poll conducted by Aberdeen Group:</p>
<div><span style="text-decoration: underline;"><img class="alignnone size-full wp-image-343" title="Sales Training Pie" src="http://insight.onesource.com/wp-content/uploads/2009/08/Sales-Training-Pie1.bmp" alt="Sales Training Pie" /></span> </div>
<p>&#8220;Cutting training programs puts your sales force at an extreme disadvantage and will directly effect revenues. A recession may be the worst time to cut these programs,&#8221; commented Colleen Honan, SVP of Global Sales at OneSource.</p>
<p>The constantly evolving online world mandates the constant training of sales reps. Without regular training and exposure to new techniques and trends, a sales force will fall behind and the entire firm will have to bear the consequences.</p>
<p>“I view sales training as I would any other form of training.  If you want to get better, you need to challenge yourself and leverage the best techniques available.  As an organization we conduct internal training to continue to reinforce and enhance our team&#8217;s sales skills, but we find it very beneficial to bring in outside training consultants when we are looking to have a more impactful session and provide more than a refresher,” said James Cabral, VP of Sales North America at OneSource.</p>
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		<title>Increasing Sales Leads by Focusing on Email Deliverability</title>
		<link>http://insight.onesource.com/increasing-sales-leads-by-focusing-on-email-deliverability/321</link>
		<comments>http://insight.onesource.com/increasing-sales-leads-by-focusing-on-email-deliverability/321#comments</comments>
		<pubDate>Wed, 05 Aug 2009 14:25:46 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Digital Marketing]]></category>
		<category><![CDATA[Email Marketing]]></category>
		<category><![CDATA[Sales Prospecting]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=321</guid>
		<description><![CDATA[Despite the omnipresent buzz these days about Social Media Marketing, good old fashioned email marketing continues to be a staple for most B2B Marketers.  In fact, according to a recent poll by BtoB Magazone, it&#8217;s one of the most prominent channels among the B2B marketing mix, as illustrated by this chart:

One of the big challenges [...]]]></description>
			<content:encoded><![CDATA[<p>Despite the omnipresent buzz these days about Social Media Marketing, good old fashioned email marketing continues to be a staple for most B2B Marketers.  In fact, according to a recent poll by BtoB Magazone, it&#8217;s one of the most prominent channels among the B2B marketing mix, as illustrated by this chart:</p>
<p><img class="alignnone size-full wp-image-326" title="email-deliverability" src="http://insight.onesource.com/wp-content/uploads/2009/08/email-deliverability.png" alt="email-deliverability" width="600" height="304" /></p>
<p>One of the big challenges these days is the increasing difficulty of getting the email into the prospect&#8217;s inbox.  According to an Aberdeen group survey if major ISPs, as much as 90% of email sent today consists of SPAM.  As a result, ISPs need to filter out much of this junk before it gets anywhere near an inbox.</p>
<p>As companies use multiple tiers of SPAM filtering, some of these emails may not even be visible to the end user even in their &#8220;junk&#8221; box because it is filtered out further up in the chain.</p>
<p>Here are 5 key tactics that B2B Marketers can use to increase sales eads by improving email deliverability:</p>
<ol>
<li><strong>Clean Content</strong>.  Avoid using spammy words in subject lines or email bodies (words such as &#8220;free&#8221; may trigger spam filters.  Many email marketing systems have tools to analyze content for potential spam flags.</li>
<li><strong>Dedicated IP Address</strong>.  Make sure you&#8217;re on a dedicated IP address &#8211; if you have a shared IP, other companies using the same IP may be polluting it</li>
<li><strong>List Hygiene</strong>.  Remove hard bounces from your list &#8211; continuing to send emails to dead email addresses makes you look like a spammer.</li>
<li><strong>DKIM &amp; SPF Records</strong>.  Make sure you have Domain Keys and SPF Records set up in your email system (if you don&#8217;t know what these are, get help from the provider of your email system). These confirm your identity, and if you have a reputation for sending good email (not SPAM), they will benefit you.</li>
<li><strong>Target Your Emails</strong>.  Recipients of email are notorious for hitting the &#8220;SPAM&#8221; button on email if they think it does not apply to them &#8211; even if it is not spam.  By making your emails more relevant and targeted, you reduce this from happening and improve your reputation, which ISPs use to determine whether to let your emails through or not.</li>
</ol>
<p>Let&#8217;s talk a bit more about &#8220;Targeting,&#8221; because this is not just about increasing deliverability, it&#8217;s also about increasing the <strong>Quality of your Sales Leads</strong> and about getting the most ROI out of your email marketing.</p>
<p>Better targeting makes your message more relevant to the recipient, improves open rates, improves your email reputation, and produces higher quality leads &#8211; just what every marketer and every sales team wants!</p>
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		<title>Are the Rumors True: Is Cold Calling Really Dead?</title>
		<link>http://insight.onesource.com/are-the-rumors-true-is-cold-calling-really-dead/295</link>
		<comments>http://insight.onesource.com/are-the-rumors-true-is-cold-calling-really-dead/295#comments</comments>
		<pubDate>Thu, 09 Jul 2009 12:13:57 +0000</pubDate>
		<dc:creator>marcireynolds</dc:creator>
				<category><![CDATA[Sales]]></category>
		<category><![CDATA[Cold Calling]]></category>
		<category><![CDATA[Sales Prospecting]]></category>
		<category><![CDATA[Telemarketing]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=295</guid>
		<description><![CDATA[A recent search on Google for “cold calling” returned more than 33 million hits with titles such as, “Still Cold Calling for B2B Lead Generation?”, “Cold Calling is a Waste of Time”, “Never Cold Call Again” and the old standby, “Cold Calling is Dead”.
 Are the rumors true? Is the old-school method of telephone lead generation [...]]]></description>
			<content:encoded><![CDATA[<p>A recent search on Google for “cold calling” returned more than 33 million hits with titles such as, “Still Cold Calling for B2B Lead Generation?”, “Cold Calling is a Waste of Time”, “Never Cold Call Again” and the old standby, “Cold Calling is Dead”.</p>
<p> Are the rumors true? Is the old-school method of telephone lead generation really extinct? Critics say: cold calling is obsolete and a waste of time&#8230;that it simply doesn’t work…or does it?</p>
<p>There is a good case to be made for personal contact, and there are some smart strategies that can underpin a successful cold call campaign: </p>
<ul>
<li><strong>Target, Target, Target!</strong> <br />
The marketing &#8220;rule of thumb&#8221; says that 40% of results are driven by the list; this holds true for cold calling, as well. Are you calling on the right level contact, in the right industry with the right offer?</li>
<li><strong>Consider Cold Calling as Part of an Integrated Campaign<br />
</strong>Cold calling is often most effective when complemented by email and direct mail. Have you used integrated campaigns for demand generation?</li>
<li><strong>The Right Offer Based on the Right Understanding<br />
</strong>Are you calling with an offer that is compelling&#8211;one that addresses the major challenges that prospect is likely facing? Researching and knowing who you are calling and understanding their business is critical. Consider tapping into a sales intelligence service in order to boost sales effectiveness and cut down on sales rep time spent researching prospects.</li>
</ul>
<p>Remeber that cold calling offers additional benefits:</p>
<ul>
<li><strong>It saves time.</strong> By using the telephone in your sales prospecting strategy, you can contact a large number of prospects in a short amount of time. The telephone also cuts down on the cost and time involved with traveling to meet customers and prospects.</li>
<li> <strong>You can conduct</strong> <strong>business research.</strong> The telephone is one of the easiest ways to research businesses. With one quick call, your lead generation team can collect the most accurate and up-to-date information on the companies you want to call on.</li>
<li><strong>You can add</strong> <strong>a personal touch</strong>. Unlike an email, a telephone call allows you to deliver your sales message personally and persuasively. Use your personality to get your point across, and use your patience and empathy to answer questions and concerns.</li>
<li><strong>Companies can get to know you.</strong> Even if your prospect isn’t ready to buy, the telephone offers an excellent opportunity to introduce your company. By promoting brand awareness and leaving a positive image, you can plant the seed for future sales.</li>
<li><strong>You have a direct line to the decision-maker.</strong> The telephone gives you the opportunity to find and speak directly to the decision-maker. Remember, if you’re not speaking to the decision-maker, you’re not making the sale. That leads to the question: How to get past the gatekeepers?</li>
</ul>
<p><strong>Getting past the gatekeepers </strong></p>
<p>There are two types of gatekeepers – individuals who are &#8220;chartered&#8221; to block or prohibit access to the buyer, and those who are self-designated gatekeepers.</p>
<p>Personally, I love the former and stay far away from the latter.</p>
<p>I use different techniques depending on the type of gatekeeper. For administrators and assistants, it’s important to ask them something very specific, such as referring to a speech or presentation given by the person I’m trying to reach. I also tell them I do NOT know their boss. No point in pretending you do when they know everyone their boss knows! Also, I never ask questions such as, &#8220;Who would your boss recommend I speak to&#8230;?&#8221;  Rather, I ask, &#8220;Who do YOU recommend&#8230;?&#8221; Their referral is often every bit as valuable. </p>
<p>• Question: What are some techniques that you have used with any type of gatekeepers to solicit their help while achieving your goal of getting &#8220;access to power&#8221;?</p>
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		<title>Measuring the Business Impact of Social Media</title>
		<link>http://insight.onesource.com/measuring-the-business-impact-of-social-media/284</link>
		<comments>http://insight.onesource.com/measuring-the-business-impact-of-social-media/284#comments</comments>
		<pubDate>Thu, 18 Jun 2009 16:37:31 +0000</pubDate>
		<dc:creator>Ellen</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Twitter]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=284</guid>
		<description><![CDATA[I am attending the MarketingProfs B2B conference in Boston June 8th &#38; 9th and it seems that at least 1/3 of all sessions are devoted to social media: measuring its impact on business, bringing it in house, interactive Q&#38;A sessions around the topic&#8230;Which leads me to this quick &#8220;checklist&#8221; of things that have come out [...]]]></description>
			<content:encoded><![CDATA[<p>I am attending the MarketingProfs B2B conference in Boston June 8th &amp; 9th and it seems that at least 1/3 of all sessions are devoted to social media: measuring its impact on business, bringing it in house, interactive Q&amp;A sessions around the topic&#8230;Which leads me to this quick &#8220;checklist&#8221; of things that have come out of this discussion:</p>
<ul>
<li>Look at leaders successfully monetizing social media in a b2b environment; BMC Software is an example mentioned during Katie Paine&#8217;s session<br />
 </li>
<li>Understand that social media is not &#8220;free&#8221;; it requires a significant allocation of resources and time in order to have an impact</li>
<li>If you are &#8220;tweeting&#8221;, get a handle on both reach and influence using some great tools: <a title="Twinfluence" href="http://www.twinfluence.com" target="_blank">Twinfluence.com</a>, <a href="http://www.twittergrader.com" target="_blank">Twittergrader </a></li>
<li>Tools like <a title="Socialmention" href="http://www.socialmention.com" target="_blank">Socialmention</a> and <a title="Xinureturns" href="http://www.xinureturns.com" target="_blank">Xinureturns</a> are wonderful tools for looking at broader social media impact<br />
 </li>
<li>Consider using dedicated URL&#8217;s: e.g. <a href="http://www.YourCompany.com/Twitter">www.YourCompany.com/Twitter</a>  in order to track activity generated by source<br />
 </li>
<li>Search Twitter for key terms related to your business and connect with those posters you find most consistently have relevant content related to your brand</li>
</ul>
<p>An interesting insight from one session: larger enterprises often have the challenge of organizing and presenting content&#8211;especially through social media; smaller businesses are challenged to <em>develop content</em>. Which begs the question: if you are a smaller organization, who will produce the content necessary to fuel your social media efforts?</p>
<p>A clear theme that relates directly to this point, one echoed by many at the conference: don&#8217;t start what you can&#8217;t finish. If you aren&#8217;t serious about finding a way of making social media meaningful for your business&#8211;whether in terms of brand recognition, lead generation or customer communication&#8211;it&#8217;s more likely that you&#8217;ll launch abortive efforts.</p>
<p>Best of luck, and you can follow <em>us</em> on <a title="Follow us on Twitter" href="http://www.twitter.com/onesourceinfo" target="_blank">Twitter</a>.</p>
]]></content:encoded>
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		<title>Do &#8220;More With Less&#8221; By Optimizing Your Sales Territories</title>
		<link>http://insight.onesource.com/do-more-with-less-optimizing-your-sales-territories/251</link>
		<comments>http://insight.onesource.com/do-more-with-less-optimizing-your-sales-territories/251#comments</comments>
		<pubDate>Tue, 19 May 2009 19:17:05 +0000</pubDate>
		<dc:creator>marcireynolds</dc:creator>
				<category><![CDATA[Sales]]></category>
		<category><![CDATA[Sales Territory Management]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=251</guid>
		<description><![CDATA[In these challenging economic times, Sales Leaders are being asked to do more with less. To achieve the same sales goals, but with fewer selling resources, less travel, less spending etc.
Therefore, optimizing your sales territory design and aligning your finite resources with the best sales opportunities is more important than ever before. The good news [...]]]></description>
			<content:encoded><![CDATA[<p>In these challenging economic times, Sales Leaders are being asked to do more with less. To achieve the same sales goals, but with fewer selling resources, less travel, less spending etc.</p>
<p>Therefore, optimizing your sales territory design and aligning your finite resources with the best sales opportunities is more important than ever before. The good news is, sales territory design is completely controllable and can be altered in line with your changing business needs.</p>
<p>When designing or revising sales territories, I recommend this three-step process:<br />
1)    Start with the opportunity and work backwards<br />
2)    Determine your coverage and touch strategy<br />
3)    Design your sales territories<br />
<strong><br />
1) Start With The Opportunity &amp; Work Backwards<br />
</strong><br />
Effective territory design starts with identifying your sales opportunity and working backwards. A sales opportunity analysis will identify where your sales are most likely to be generated from and what specific characteristics make a company more or less likely to buy your products.</p>
<p>These factors include industry/vertical, employee size, location, buying and consuming patterns. There may be certain geographic markets where you have a greater or weaker value proposition and competitive advantage.</p>
<p>At the highest level, your sales opportunities will fall into three categories: existing/renewal business, winback business and brand new business. Then, leveraging data and analytics, you need to drill down into more specific “buckets” of opportunity.</p>
<p>For example, you may uncover that your best opportunities lie with customers in financial services, with more than 500 employees located on the East Coast. Or, your best new business prospects could be very small real estate firms, with less than 20 employees in Florida and Georgia.</p>
<p>If you are a Sales Leader in charge of the United States sales region, trying to cover every possible company that may buy your product is simply not feasible or wise. Completing a detailed opportunity analysis is critical in identifying where your company should focus their attention and align their resources for the best return. And, it should also provide direction on where NOT to align resources.<br />
<strong><br />
2) Design a Coverage &amp; Touch Strategy</strong></p>
<p>Once you know where your opportunity is, consider what type of coverage and touch strategy is appropriate. The coverage strategy considers “how” and “how often”…. Whether the business requires face to face visits, telephone calls or a “self service” approach to best cover the opportunity. And, how often and how much time salespeople will need to touch customers.</p>
<p>Factors that will impact your coverage or touch strategy include: size and number of locations for target companies, complexity of your product or service, average deal size and type of sale- new business versus renewal business.</p>
<p>Your coverage strategy should be as specific and quantifiable as possible, so you can feed this information into your territory design models.</p>
<p>For example, you may determine that all active customers with 5000 or more employees and a spend of $25,000 or more will have a Field Rep assigned to them. After accessing your company’s CRM, you identify that there are 200 of these and they all reside in New England.</p>
<p>To maximize the opportunity, you want Field Reps to make 4 visits per year, that take 6 hours each in planning, driving, presentation and follow-up time. This set of customers will need about 4,800 hours devoted to them in the next year (200 customers X 4 visits X 6 hours = 4,800) Since there are roughly 2,080 work hours in a year, you would need approx. 2 Reps covering these accounts. (4,800 / 2080 = 2)<br />
<strong><br />
3) Design Your Territories<br />
</strong><br />
Now that you’ve completed your opportunity analysis and designed your coverage strategy, you’re ready to divide and create your sales territories. There are many options…</p>
<p><strong>Geographic Distribution:</strong> Geographic or “geo” territories are designed by strategically grouping a set of zipcodes, DMAs or states together to form a defined territory.  For field sales reps, you can bring this design down to a science by leveraging mapping software such as <a href="http://www.callidussoftware.com/" target="_blank">Callidus</a> or  <a href="http://www.territorymapper.com/" target="_blank">Territory Mapper</a> to plot out a maximum driving area you want reps to cover. This is often called a “radius” design.<br />
•    Sales Reps can become experts in their geo territory and can leverage local information, local events and regional trends within their sales process and discussions with customers.<br />
•    When firms have both Field Sales and Inside Sales teams, geographic designs help enable teaming between inside and outside personnel.</p>
<p><strong>Vertical Specific:</strong> Vertical or industry focused territories are aligned based on grouping together customers and prospects that have the same or similar verticals or industries. Examples: Financial Services, Healthcare, Government. Your opportunity analysis should uncover whether this makes sense for your line of business. Adding dedicated groups will often add cost to you sales model, so you need to ensure you have the appropriate return on investment<br />
•    With Reps who have expert knowledge on a vertical of industry, you should be able to sell more and better retain and service these customers.<br />
•    A dedicated group may help you better compete and add to your unique value proposition.</p>
<p><strong>Best Customers:</strong> Best Customer, Key Account or Strategic Account territories are often created for an established business that can identify the accounts that spend the most, have the most future sales opportunity and/or are very high profile, ex, “Google”. Many companies like to align their best, most experienced salespeople with their best customers. If you grow and retain OR lose just a few of these customers, it may have a significant impact on your business results.</p>
<p><strong>Hunter &amp; Farmer:</strong> The skills and work required to generate new business are very different than retaining and growing existing business. Therefore you may want to create new business specific often called Hunter territories and separate active customer or Farmer territories.<br />
•    Hunter Reps focus 100% of their energy on bringing in new business for your firm without getting tied up in customer service and administrative work, often required to retain existing business. These Reps get in, close the business and move on to the next opportunity.<br />
•    Farmer Reps are masters at relationship building. They are the face of your company and likely why your active customers are loyal to your product or service. These Reps focus on long term account management.</p>
<p><strong>Campaign Specific</strong>: Every customer or prospect does not need to be part of an official sales territory. Instead you may want to leverage a campaign approach. In this scenario, you group types of customers or prospects together based on a set of criteria and ask salespeople to make contact with them during a set period of time with a specific message or offer.<br />
•    The campaign approach allows you to test different types of offers or approaches and may work well when introducing new products or moving into new geographic areas.</p>
<p>Which one is for you? Some companies use just one type of territory design, while others use a combination of methods. The right territory design for your firm is the one that best aligns your resources with your opportunities, meets your budget requirements and supports your overall business plan and objectives.</p>
<p><strong>Using Experts to Help</strong></p>
<p>If you need help, there are companies that specialize in territory optimization and forecasting. Some of these include:</p>
<ul>
<li>ZS Associates</li>
<li>TerrAllign</li>
<li>InfoGrow</li>
</ul>
<p><strong>Doing It Yourself with a Business Information Service</strong></p>
<p>Many companies already subscribe to a business information service that provides information on companies and contacts (often used for sales prospecting and research).  Using one of these services, you could export lists of companies, states and other data elements and complete analysis using Microsoft Excel.</p>
<p>If you are already subscribing to a business information service, this approach can help you get it done without spending any additional hard dollars.  If you don&#8217;t already subscribe to such a service, but are considering one to help with sales prospecting, then the ability to also use the service for territory optimization may provide the additional value that helps you justify the purchase.</p>
<p>Data and analytics are required in every step of territory optimization and for the final step of tying everything together to determine the ideal number of salespeople and territories required to maximize your sales opportunity.</p>
<p>I recommend partnering with your Marketing and Finance colleagues to build a formal “what if” model that allows you to plug in variables and test different outputs.</p>
<p><strong>What You&#8217;ll Gain</strong></p>
<p>By optimizing your sales territories; aligning your important selling resources with your best and most valuable opportunities, Sales Leaders will be able to “do more with less” and be more successful in growing sales, retaining customers and meeting profitability metrics.</p>
<p>Submitted By <a href="http://www.linkedin.com/in/marcireynolds" target="_blank">Marci Reynolds,</a> Author of <a href="http://salesoperationsblog.com/" target="_blank">The Sales Operations Blog</a>.  All Rights Reserved.</p>
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		<title>Back to Basics: Focus on the Customer &amp; Marketing Effectiveness</title>
		<link>http://insight.onesource.com/back-to-basics-focus-on-the-customer-marketing-effectiveness/258</link>
		<comments>http://insight.onesource.com/back-to-basics-focus-on-the-customer-marketing-effectiveness/258#comments</comments>
		<pubDate>Fri, 15 May 2009 19:41:39 +0000</pubDate>
		<dc:creator>Ellen</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Marketing Effectiveness]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=258</guid>
		<description><![CDATA[eMarketer just released data from a Hendrick &#38; Struggles survey of C-Level executives.Their focus in 2009? No surprise: it’s the customer.
The challenge? How to: 1) acquire new ones; 2) retain existing ones and 3) improve customer lifetime value, in that order.

88 and 87% of executives said that net-new acquisition and customer retention were important
On a [...]]]></description>
			<content:encoded><![CDATA[<p>eMarketer just released data from a Hendrick &amp; Struggles survey of C-Level executives.Their focus in 2009? No surprise: it’s the customer.</p>
<p>The challenge? How to: 1) acquire new ones; 2) retain existing ones and 3) improve customer lifetime value, in that order.</p>
<ul>
<li>88 and 87% of executives said that net-new acquisition and customer retention were important</li>
<li>On a scale from 1-5, “expand to new geographies” was lowest-rated at 2.62</li>
<li>Optimizing the marketing mix was the top-rated factor in achieving growth targets</li>
</ul>
<p>According to this survey, few executives appear to be sold on their company’s effectiveness; 85% responded something <em>other</em> than “very satisfied” on this metric.</p>
<p>This widespread concern over effectiveness is driving a tactical focus on ROI, web analytics, CRM and SEO.</p>
<p>To drive marketing effectiveness, consider these four keys to success:</p>
<ol>
<li>
<div><strong>Agree on KPIs, measure them consistently, and regularly<br />
All marketers have had the experience of producing multiple reports that aren’t read, understood and utilized. Keep reporting to core KPIs; the reports must drive insights leading to action.</strong></div>
</li>
<li>
<div><strong><strong>Clarify roles and responsibilities&#8211;make people accountable<br />
The old adage “if everyone is responsible, no one is responsible…”<span style="mso-spacerun: yes"> couldn’t be more accurate. Project plans become more important than ever in an age of staff and budget consolidation—when team members may be asked to take on new tasks.</p>
<p></span></strong></strong></div>
</li>
<li>
<div><strong><strong><strong>Create a strong, consistent and viable process to generate leads and measure ROI<br />
What process do you currently have for tracking leads? Are you<span style="mso-spacerun: yes">measuring revenue generated by program and campaign? How often do you generate reports? Consider the value of qualified and<span style="mso-spacerun: yes">nurture leads when considering ROI, and establish a consistent time frame for measurement. Analyze by channel, as well as specific campaign. Experiment with your marketing mix to ensure that you are driving optimal results and remember that gaining exposure in different venues allows you to reach different audiences, at different points in the sales cycle while building brand equity.</p>
<p></span></span></strong></strong></strong></div>
</li>
<li>
<div><strong><strong><strong><strong>Create buy-in—foster an atmosphere where folks are willing to be accountable and innovative in order to optimize results<br />
</strong>The team must agree to stress measurement: embracing reporting and owning their numbers. In turn, management must be open toworking with struggling team members in order to improve performance.</strong></strong></strong></div>
<p><strong><strong><strong>A “culture of accountability” does not mean that team members not meeting KPIs are immediately dismissed, or penalized.<span style="mso-spacerun: yes"> Assisting in personnel development and <em>collective </em>improvement, while supporting innovation, goes a long way toward building consistently good results. Work to do post-mortems on unsuccessful efforts, debrief with your team and build a “marketing playbook” to help your weaker players learn from others’ success.</span></strong></strong></strong></li>
</ol>
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		<title>The Stimulus Package: What Impact on B-to-B?</title>
		<link>http://insight.onesource.com/the-stimulus-package-what-impact-on-b-to-b/221</link>
		<comments>http://insight.onesource.com/the-stimulus-package-what-impact-on-b-to-b/221#comments</comments>
		<pubDate>Fri, 24 Apr 2009 22:04:59 +0000</pubDate>
		<dc:creator>Ellen</dc:creator>
				<category><![CDATA[Research]]></category>
		<category><![CDATA[Government Spending]]></category>
		<category><![CDATA[Stimulus Funding]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=221</guid>
		<description><![CDATA[The American Recovery and Reinvestment Act of 2009 could prove a lifeline for some businesses in this grim economy. The Act includes $787 billion in spending and tax cuts over the next two years.
Businesses are wondering how they can capture their share of this windfall. In a recent B2B Magazine article executives noted that they [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: left;">The American Recovery and Reinvestment Act of 2009 could prove a lifeline for some businesses in this grim economy. The Act includes $787 billion in spending and tax cuts over the next two years.</p>
<p style="text-align: left;">Businesses are wondering how they can capture their share of this windfall. In a recent B2B Magazine article executives noted that they are taking a targeted approach: conducting highly-focused email campaigns, building specific micro-sites by sector, and researching government-driven opportunities.</p>
<p style="text-align: left;">The Act focuses, in large measure, on industries such as construction, housing, health care, energy and telecommunications. With a mix of infrastructural investments and tax credits, the spending is both direct (e.g. funding “shovel ready” highway projects) and indirect (offering consumers and businesses tax incentives to install energy efficient equipment, for example).</p>
<p style="text-align: left;">In what has been described as the first “Government 2.0” effort, the Obama administration is communicating details about the spending programs at the <a href="http://www.recovery.gov" target="_blank">Recovery.gov</a> website.</p>
<p style="text-align: left;">According to the site: “The Act will create or save three to four million jobs, 90 percent of them in the private sector.” Job creation estimates by state vary: from nearly 400,000 in California to as few as 8,000 in less populous states such as Alaska and North Dakota.</p>
<p style="text-align: left;">A state-by-state guide to spending is available at the <a href="http://online.wsj.com/public/resources/documents/info-STIMULUS0903.html" target="_blank">Wall Street Journal</a> website. The map provides for a quick mouse-over feature, detailing per capita spending in a variety of areas—from education, to transportation to health care.</p>
<p style="text-align: left;">This in-depth, but confusing, graphic from the <a href="http://www.washingtonpost.com/wp-dyn/content/graphic/2009/02/01/GR2009020100154.html" target="_blank">Washington Post</a> provides a sector-by-sector breakout.</p>
<p style="text-align: left;">The scope of the proposed spending is broad; for example:</p>
<ul style="text-align: left;">
<li>$100-150 billion for public infrastructure projects (e.g. schools, roads, railways)</li>
<li>$50 billion for the development of renewable energy sources &amp; tax credits up to 30% for installation of energy-efficient systems</li>
<li>$2.8 billion for broadband development</li>
<li>$650 million for the Department of Education to use for computer and software purchases</li>
</ul>
<p style="text-align: left;">While much of the funding will not be dispersed until 2010, forward-looking businesses are preparing to take advantage of these opportunities now.</p>
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		<title>How Are Best-in-Class Sales Organizations Responding to Today’s Challenges?</title>
		<link>http://insight.onesource.com/how-are-best-in-class-sales-organizations-responding-to-today%e2%80%99s-challenges/186</link>
		<comments>http://insight.onesource.com/how-are-best-in-class-sales-organizations-responding-to-today%e2%80%99s-challenges/186#comments</comments>
		<pubDate>Tue, 21 Apr 2009 23:24:25 +0000</pubDate>
		<dc:creator>Ellen</dc:creator>
				<category><![CDATA[Sales]]></category>
		<category><![CDATA[Sales Cycles]]></category>
		<category><![CDATA[Sales Performance]]></category>

		<guid isPermaLink="false">http://insight.onesource.com/?p=186</guid>
		<description><![CDATA[A recent Aberdeen Group research paper, Sales Intelligence: The Secret to Sales Nirvana, points to some key findings that reveal how “best-in-class” sales organizations* achieve above-average results&#8211;even as budgets shrink and sales cycles stretch out.
Economic Challenges No Surprise, But Lead Quality Trumps Lead Quantity
What is pressuring sales leaders, and what actions are they taking in [...]]]></description>
			<content:encoded><![CDATA[<p>A recent Aberdeen Group research paper, Sales Intelligence: The Secret to Sales Nirvana, points to some key findings that reveal how “best-in-class” sales organizations* achieve above-average results&#8211;even as budgets shrink and sales cycles stretch out.</p>
<p><strong>Economic Challenges No Surprise, But Lead Quality Trumps Lead Quantity</strong></p>
<p>What is pressuring sales leaders, and what actions are they taking in response?</p>
<p>Economic challenges and the increased knowledge of the competitive landscape were the top two pressures identified in the report—by 47% and 44% of respondents, respectively.</p>
<p>While the economic landscape is beyond the control of sales leaders, preparing reps for successful discussions with better informed prospects is a major focus for successful executives.  According to the survey, the emphasis on effectively overcoming budget objections and addressing cost-benefit concerns is a contributor to sales effectiveness&#8211;enabling reps to focus on fit and competitive advantage.</p>
<p>Three in four respondents—across the board—cite improvement of lead quality in the sales pipeline as their primary strategic action in response to economic and competitive pressures. With just over half of respondents citing it, database segmentation and analysis to identify profitable customers was the second most common action item designed to increase sales effectiveness.</p>
<p><strong>Sales Leaders Cite Lengthening Cycles as Key Concern More Often Than Peers</strong></p>
<p>One in four (27% of survey respondents) cited lengthening sales cycles as a primary business challenge; but nearly half (46%) of “best-in-class” organizations indicated this as a top-three pressure.</p>
<p>Why are these top flight organizations more concerned about longer sales cycles than their peers? The data suggest that these companies are proactively identifying a major drag to revenue generation and developing strategies—including the use of sales intelligence—better preparing reps and aligning their messaging with the business challenges of their prospects. These activities reduce the “getting to know you” phase of discussions, enabling sales reps to work the opportunity more effectively at converting prospects in a compressed sales cycle.</p>
<p><strong>What Common Characteristics Are Hallmarks of Top Performers?</strong></p>
<p>Three common characteristics mark best-in-class performers:</p>
<ul>
<li>72% currently have a process for tracking prospect engagement</li>
<li>64% have a centralized repository of marketing and product information</li>
<li>51% currently have executive-level support for the use of third-party information providers within sales</li>
</ul>
<p><strong>Other Performance Keys</strong></p>
<p>The report identified other critical considerations in driving sales effectiveness, including: consistent, repeatable prospect management and sales processes, attention to data management issues (e.g. centralizing information, unifying customer information) and the incorporation of sales intelligence&#8211;critical company and competitive insights—as part of the sales process.</p>
<p><a href="http://www.onesource.com/landingPages/EmailLandingPages/US_SalesNirvana_lp.asp" target="_blank"><strong><em>Download a full copy of the report&#8230;</em></strong></a></p>
<p>*Aberdeen’s criteria for “best-in-class” included year-over-year improvements in:</p>
<ul>
<li>Lead conversion rates</li>
<li>Percentage of reps achieving quota</li>
<li>Sales cycle time</li>
<li>Time spent researching relevant company/contact information</li>
</ul>
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