Shared posts

29 Jun 16:07

4 Ways Windows 10 Is Wasting Your Internet Bandwidth

by Brad Jones
windows-10-internet-bandwidth

Is Windows 10 wasting your internet bandwidth? Here’s how to check, and what you can do to stop it. Windows 10 brought about some big changes when it launched in 2015, many of which related to its focus on connectivity and interoperability. This is an operating system designed for the internet age — and that requires bandwidth. Whether you know about it or not, Windows 10 may well be wasting your bandwidth. This could leave you without internet access, or responsible for extra charges for the data, so be aware of the methods employed by the operating system (OS) and the steps you...

Read the full article: 4 Ways Windows 10 Is Wasting Your Internet Bandwidth

29 Jun 16:00

How Brexit Will Affect Your European Travel Plans

by Kristin Wong

As the initial shock of Britain’s decision to leave the European Union sinks in, it’s time to assess the details and look to the future. There are certainly more important concerns, but if you’re planning a summer trip overseas, one of yours may be, “How’s this Brexit stuff gonna affect my vacation?” We’ve got answers.

Read more...

29 Jun 15:54

Innovation Minister hints at telecom policy, calls for ‘open and secure’ Internet

by Emily Jackson

The federal minister responsible for the telecom industry is calling for an open and secure Internet, suggesting the Liberal government will continue the policies set in motion by the previous government.

Innovation, Science and Economic Development Minister Navdeep Bains said he supported private sector leadership in Internet governance and said Canada depends on an open Internet to create an innovative economy, according to a statement released a week after an Organisation for Economic Co-operation and Development meeting on the digital economy in Mexico.

His words provide a clue for industry watchers wondering whether the government will pursue a similar agenda as the Conservatives when it comes to the telecom sector.

In the meantime, industry lobbyists have been busy vying for the minister’s ear. Major companies filed 20 communications reports with the minister since October, making telecom the fourth most popular subject discussed after industry, science and technology and economic development.

Bains’ statement suggests not much has changed, said Michael Geist, Canada Research Chair in Internet and E-commerce Law at the University of Ottawa.

While Bains’ comment regarding private sector leadership strays from Canada’s traditional multi-stakeholder approach that includes government and civic organizations, Geist said the government has sent clear indicators it remains supportive of the previous policy. He pointed to its repeated support for net neutrality in the case of Quebec trying to block non-government approved gambling sites and its rejection of a Bell Canada petition vying to stop wholesale access to fibre networks.

A major tell will be whether it approves Bell’s acquisition of Manitoba Telecom Services, he said, as it will reveal its position on competition among network providers.

“In some ways action is going to speak louder than words,” he said. “I’m not sure we’re going to get a major pronouncement on telecom in the short term.”

Earlier this month, however, the ministry launched public consultation for its “innovation agenda” that includes a segment on digital infrastructure and ways to ensure rural residents have access to high-speed Internet.

David Christopher of OpenMedia, an advocacy group for open Internet, has yet to see any real indication of how the government will invest in increased access (“We’re trying to read the tea leaves in statements like this,” he said), but hopes its agenda will be more ambitious.

“Plenty of people in rural and northern areas, and even suburban areas, simply don’t have access to a reliable Internet connection,” Christopher said.

It’s crucial that the government work with players across the private sector, not just the large incumbent providers, so people aren’t left behind, he said. Also telling will be decisions related to differential pricing, an net neutrality-related issue going to public hearing this fall, and privacy, he said.

29 Jun 15:52

4 Sales Leaders Share How They Align Their Teams for Customer Success

by Dave Blake

How can sales leaders be sure that their teams are focused on more than a number? Putting customers first in the sales process can be incredibly challenging for some organizations and teams. With so many competing priorities, deadlines, and metrics hanging over sales teams, how do companies ensure that the customer is the hero and is always put first?

The customer is the reason sales leaders have a job in the first place. These sales leaders love their customers and do whatever they can throughout the entire sales journey to ensure they are listening, challenging, and helping customers – all with the intention of making the customer the hero at the end of the day. And while some sales leaders have different views, tactics, and manage their teams differently, in this post, you’ll see that all believe that the customer is the lifeblood of their business and should be the center of culture across the entire company.

You see, the mission of sales and the mission of customer success is the same: win customers and keep (and grow) them for life. So, how can sales leaders align their teams for customer success? Let’s dive into 3 practical topics and let the sales leaders explain how they respond to each of these questions in their own organizations:

How can the customer be the hero throughout the sales process?

When it comes to ensuring the customer is always the hero for sales teams, Adam Becker gives this advice: “Having a consistent (and loud) voice of the customer is critical. All areas of the business need to understand what’s working and what is not in order to change and adapt to the ever evolving landscape. At TinderBox, we have small weekly meetings to talk about success and challenges across a number of segments of our business, then larger monthly meetings to dive into details and action items.”

– Adam Becker, Director, Sales & Account Management, TinderBox


Ensuring the customer is always first throughout the sales process is important to Scott Shepherd and his team at Alteryx. So when explaining how he and his team do this, he commented, “We don’t try and boil the ocean when it comes to our sales process. We are very intentional about setting the customer up for success by getting them started with a relatively light commitment to Alteryx. Once onboard, we help our customer’s quickly build to an optimal state of growth through leveraging our engineers, customer service, and user groups to help ensure their success.”

Scott’s advice to other sales leaders when it comes to putting customers first? “Make sure the importance of the customer is immersed in the fabric of your company,” Scott emphasized. “Customer success has to be authentic and felt by the customer in every interaction with your brand. Put systems and processes in place to make sure every customer feels like they’re the only customer you do business with; your interactions with them should be highly personalized.”

– Scott Shepherd, Director, Vice President, Commercial Sales, Alteryx

What metrics should sales leaders measure to determine customer success?

Todd Caponi of PowerReviews monitors a specific set of metrics to determine success or failure when it comes to engagement with customers. PowerReviews has built a platform that has a low total cost of ownership for their clients. And according to Todd, it doesn’t need much ongoing maintenance. “However, the opportunities for our clients to optimize the way they engage with their consumers are practically never ending,” he went on to say. “Our proactive customer success team uses client data on review generation, purchase-to-review ratios, page load times (which really matter for the in-store, mobile consumer of reviews), and a host of other metrics. We also closely monitor net promoter scores, we survey our customers frequently, and have a highly engaged customer advisory board.”

– Todd Caponi, Senior Vice President of Sales, PowerReviews


Adam Becker of TinderBox and his team track the success (or failure) of customer engagement with their products or services in 3 major categories across the customer journey. First, throughout the implementation, they track success by the timeliness of completing the project. Second, once they have a successfully implemented project, they then focus heavily on adoption, and use individual user-by-user data to determine if the tool is being used to its potential. Lastly, they measure success based upon their ability to help the customer meet their original objectives.

– Adam Becker, Director, Sales & Account Management, TinderBox

How often should sales leaders engage directly with customers?

Because customers are so critical to Conner Burt’s sales team at Lesson.ly, he interacts with customers often – even on a daily basis – to hear how Lesson.ly customers describe the value of the product. According to Conner, “Customers drive our product roadmap. They help align marketing and sales by helping us really better understand the challenges we’re solving for them, in their own world. Our sales and marketing teams often use messaging that comes directly from our customers, so meeting with them regularly and having a strong pulse on how our customers are doing is key to our company’s success.”

– Conner Burt, Head of Partnerships & Sales Strategy, Lesson.ly


Because customers are so fundamental to Todd’s role at PowerReviews, a key part is to develop and maintain key strategic relationships with the company’s customer base. Todd went on to explain, “I, along with my team, are part of Initial conversations during the selling cycles, relationship building at events, check-ins during their journey with us, and special eCommerce/digital marketing leadership dinners we host around North America and Europe. I take pride in doing my homework prior to those interactions and holding myself to the same requirement of driving incremental value and teaching something new to the customer in every conversation.”

– Todd Caponi, Senior Vice President of Sales, PowerReviews

To succeed with customer success at your organization, it takes alignment and collaboration with Sales. How does your organization ensure that your Sales + Customer Success teams are working together with the collective mission of making your customers the heroes?

The post 4 Sales Leaders Share How They Align Their Teams for Customer Success appeared first on Sales Hacker.

29 Jun 15:50

Yes, Compensation Is Enough To Retain Top Talent. But Not By Itself

by Craig Sherwood

Did you read about the new study that suggests, contrary to well-known clichés, that money can in fact buy happiness? The results show that when people spend money on things that align with their personality traits and values, their happiness appears to increase in correlation. It’s a fascinating hypothesis, but it has some major implications on companies’ hiring and retention strategies. In particular, we want to know if compensation is enough to retain top talent.

Why is Employee Retention Such a Big Deal?

We keep coming back to the topic of retention on a regular basis because we see how much of a challenge it has become in today’s current IT employment landscape. The BLS reports that average employer tenure is 4.6 years, with the Millennial average even lower at a span of 16 months to 3 years. This is in stark contrast to the quality of company loyalty that Baby Boomer employees have shown in previous decades.

This decreased employee tenure inevitably leads to increased turnover and reduced employee engagement. Unless you take proactive measures, it can be a downhill spiral. That’s why we’re convinced that retaining top tech talent is more important than hiring them. As such, we’re continually striving to gain insight on what makes a strong employee retention strategy.

Is Compensation Enough to Retain Top Talent?

Let’s be clear: money is important. There’s no way around that. People have bills to pay and standards of living to sustain. This means that to some extent, every employee is going to be somewhat money motivated. Compensation almost always comes first.

However, compensation by itself is never enough, especially for high performers. If you’ve ever quit a high paying job because of a toxic environment, lack of growth or a similar reason, then you understand this completely.

Your career and life goals, work preferences and personality traits all play an important part in what motivates you to stay with your current company. If any one of those is significantly out of sync with what your company delivers as an employer, you’re much more likely to leave when the opportunity arises, no matter how much they’re willing to boost your salary.

What Else Is Important?

So yes, compensation is enough to retain top talent, but definitely not by itself. A recent Harvard Business Review report suggests that career development and performance feedback are two key elements that are also essential in your employee retention strategy.

Career Development – Top performers are typically individuals who highly value lifelong learning and development. This is particularly true in the IT field, as it’s no secret that technology continues to evolve at an astounding pace, requiring further training and skills upkeep. Employers that offer advanced training opportunities, leadership development, and general career development are going to win major points in the eyes of their top IT employees.

Feedback – Feedback is also essential. If you limit this kind of communication to annual or semi-annual reviews, you may be missing out on an important opportunity. Top performers need to know their work is being recognized in addition to knowing how they’re fulfilling or exceeding expectations. Plus, they want to understand how they can optimize and improve their efforts to achieve even greater success. Regular feedback – on a monthly or even weekly basis – delivers this opportunity.

Appreciation – A strong employee appreciation strategy ensures that your employees are being recognized and rewarded for their efforts. Public or private recognition, employee perks and bonuses, and frequently verbalized gratitude for your employees are all tactics for keeping top performers engaged and happy.

Flexibility – Finally, high performing employees need an open road for achieving high results and doing what they do best. What does this mean? It means avoiding unnecessary, hard and fast rules regarding their workflow process that may prevent them from accomplishing their key responsibilities. It means banishing micromanagement and establishing focused priorities that allow these employees to leverage their skills and talents. Delivering this kind of flexibility is vital in sustaining employee engagement and retention.

Evaluating the Role of Compensation in Your Employee Retention Strategy

In conclusion, it’s clear that compensation plays a major role in employee retention. However, there are a number of supporting factors that depend upon your company and your employees.

First, be sure to do your market research so you can be competitive in your compensation packages. Then take the time to evaluate the motivations of your team’s top players, ensuring that your retention strategy aligns with their values and personalities. Money might be able to buy happiness, but so does working for a company that cares.

Need a hand recruiting those A Players? Let us know. We’d love to help.

29 Jun 15:50

What the LinkedIn – Microsoft Deal (Might) Mean to We the Users

by Virginia Franco

Since the big announcement that Microsoft purchased LinkedIn – there’s been much talk about the value of the deal. Over paid? Great deal? If I’d had the foresight to purchase stock in either, maybe I’d care more.

What I really want to know, as a LinkedIn and Microsoft user, is what this alliance will mean for me!

I certainly agree with the sentiments of Microsoft Chief Executive Satya Nadella – who told The Wall Street Journal, “It’s really the coming together of the professional cloud and the professional network.”

WE THE USERS…

In the workplace, we users we go back and forth between productivity software (MS Word, Excel, etc,), Communications and Calendar software (Outlook, Gmail, Skype), digital assistants like Apple’s Siri and Microsoft’s Cortana, and to our professional social networks or platforms like Twitter and LinkedIn.

Merging these in any way may eliminate toggling and offer time savings . . . hooray!

Here are some other scenarios that may be a reality in the short-term future courtesy of this high-profile acquisition:

#1 Phone Call/Interview Prep Time Savings

Imagine a world where you don’t have to search for someone’s LinkedIn profile in order to get some scoop as part of phone call or interview prep?

Going through the list of names and trying to narrow down if you have the right person or not could be a thing of the past if Microsoft can integrate your contacts from Outlook and Skype with LinkedIn data.

#2 Job and Network Targeting Made Easy

Today’s job search targeting and networking often include using LinkedIn to identify companies of interest, people who work there and possible connections.

Imagine letting Microsoft’s Digital Assistant Cortana do the work for you? You could ask her

“Give me a list of Recruiters in the Pharma Sales Industry that are connected to one of my second connections?”

The possibilities are endless with regards to searches around job postings, skill sets, etc.!

#3 Professional Profiles Published Everywhere

Today one must set up an account on every site from Skype to LinkedIn. Given that professional branding ideally remains consistent across all platforms, imagine the ease of setting up an account once and having it populate across all?

While many might cringe at the idea of their professional profile being available across multiple platforms, gone may be the days of worrying about updating your profile in countless locations.

A NEW WORLD?

If LinkedIn and Microsoft pairing makes the world of job searching and network building a little less painful – then count me in!

29 Jun 15:50

LinkedIn Purchase Will Spark Brands into Buying Media Companies

by Joe Pulizzi

linkedin-brands-buying-media-companiesIn December 2013, CMI released its annual content marketing predictions report (as we do every December). That year, my first prediction was as follows:

Microsoft will buy one, maybe two, media companies in certain industries. The outcome of these moves will pave the way for further media purchases throughout the year by non-media companies.

So, I was a mere 30 months early with that prediction. Correct, but two years early.

Microsoft acquires LinkedIn

A few weeks back, Microsoft agreed to acquire LinkedIn for $26.2 billion in cash. LinkedIn CEO Jeff Weiner talked about the synergies between the two companies, from scaling MS Office to online training to redefining social selling. Other media outlets discussed how LinkedIn is THE key tool in the professional workspace, and combining LinkedIn’s 433 million members with Microsoft’s 1.2 billion Office users is a powerful combination. The acquisition could also be seen as a defensive move by Microsoft to keep Google and Facebook out of the B2B workspace.

Still others believe the move was a data play, while even more have no idea why Microsoft would buy LinkedIn. And the conversation continues …

Microsoft bought a media company

As Robert Rose and I discussed quite extensively on our This Old Marketing podcast, we were amazed at what was NOT being discussed by others. Whatever you think of LinkedIn (a job board, a B2B social network, a training company, etc.), at its core, it is a B2B media company.

If you look at this list of media companies by revenue from Business Insider, LinkedIn would be a top 30 worldwide media company by revenue at $2.99 billion USD, making it larger than Time Inc. and Gannett (owner of USA Today).

From an audience standpoint, LinkedIn is the 13th most-visited digital property in the United States (according to ComScore), making it larger than Time, Hearst, Conde Nast, BuzzFeed, ESPN, and The New York Times.

ComScore-LinkedIn

Did you notice that combining Microsoft and LinkedIn numbers puts Microsoft at the No. 1 overall spot, ahead of Google and Facebook?

And the revenues are media-company-esque as well. In 2015, LinkedIn saw $589 million USD in sponsored updates (native advertising), $532 million in member subscription revenue, and $107 million from learning subscriptions. LinkedIn creates mass amounts of content, mostly from its community, it attracts an audience to that content, and then it monetizes that audience through subscriptions and advertising. It’s a textbook media company.

Microsoft just purchased a media company for $26.2 billion. To be more specific, Microsoft paid around $60 per subscriber for LinkedIn and, looking at nothing else, believes it can dramatically increase the value per subscriber by adding Microsoft products and services.

Get ready for the media-buying spree

Now let’s go back to my little prediction in 2013. It’s the second part of this prediction that I believe it critical to understand:

The outcome of these moves will pave the way for further media purchases throughout the year by non-media companies.

The Microsoft-LinkedIn deal will go down as the bellwether event that spurs a series of brands buying media companies. And you may not be looking, but the movement has already started.

Just a week before the LinkedIn announcement, Arrow Electronics, a global electronics, design, and supply-chain company that’s No. 119 on the Fortune 500 list, agreed to purchase a portfolio of technical and electronic media properties from UBM (parent company of Content Marketing Institute). Overnight, Arrow Electronics has become the leading media company for electronics technical decision-makers.

Matt Anderson, chief digital officer of Arrow Electronics, stated that “(Arrow’s) internet media is guiding innovation forward by making technical decision-making easier for designers, R&D groups, and engineers. This is a step forward in our digital transformation, positioning Arrow as the preeminent, unbiased technology internet media, design, and e-commerce option for companies, from those on Indiegogo all the way to Fortune 500 global leaders.”

Sounds like a media company executive, right? Right!

Why now is the time

I’ve been in the media industry for almost 20 years now, and I’ve never seen quite such a perfect storm for brands to buy media companies.

Buy versus build

Before launching a new media property, smart media companies analyze the market to see if there is anything worth buying. As any CMI reader knows, it takes time to build a loyal audience through content. That means buying an existing content platform may make more sense than starting from zero. We’ve seen this before with L’Oreal with Makeup.com, as well as Johnson & Johnson and BabyCenter.

Build-content-assets-makeupcom

It’s been two years since I sat down with one of the largest consumer-packaged goods (CPG) companies in the world to discuss a plan for it to buy a series of media companies in its markets. After that point, the conversation died. But in the last month, we’ve had three such conversations with larger brands. Chief marketing officers are now serious about speeding up their content marketing approaches to buy their way into markets.

In the last few weeks, both Pepsi and Mondelez proclaimed their intentions of creating a media company arm in their organizations. Don’t be surprised if that ends up looking like a combination of organic launches and strategic purchases. Why? Because that’s how media companies grow, through new, internal launches where existing and newly hired talent is leveraged, as well as by acquisitions of outside properties.

Availability of cash

Corporate balance sheets are flush with cash. For example, Apple has over $200 billion in cash and securities sitting on the sidelines. As I’ve said before, Apple could buy The New York Times 60 times over and still have plenty of money to take over the world.

The same situation exists at Cisco Systems ($63 billion), Oracle ($50 billion), and many, many others. At some point, these organizations need to put that money to work. With money-market rates and bonds near all-time lows, and the stock market in a constant state of uncertainty, you can expect that money to go elsewhere.

At the same time, if cash is needed, borrowing money is still at its lowest levels since … well, forever.

Better use of advertising dollars

In 2015, the top 10 advertisers in the world spent a combined $30 billion on advertising. At some point, these smart brands are going to realize that some of that money should be spent building audience assets instead of interrupting the audience, which is almost impossible to measure (speaking of television advertising). Look for companies to take a serious look at strategically purchasing media properties instead of spending $100 million plus on an advertising program. Will they continue to rent or would they like the option to own?

Whatever the individual reasons for brands to make these moves, they are going to happen, and that right soon. I believe right now presents an amazing opportunity for your company to purchase either media assets, or the assets from blogs or influencer sites in your core markets.

But if you don’t get around to it, that’s OK … I’m sure your key competition will be glad to take the first step in becoming the leading informational expert in your key markets.

Want to hear Joe share his wisdom in person along with other leading content marketing experts? Register today for Content Marketing World Sept. 6-9. Use code BLOG100 to save $100.

Cover image by Joseph Kalinowski/Content Marketing Institute

 

The post LinkedIn Purchase Will Spark Brands into Buying Media Companies appeared first on Content Marketing Institute.

29 Jun 15:47

The Rise and Resurrection of LinkedIn

by Adam Monago

Thoughts on the Microsoft-LinkedIn acquisition

Last week the world was surprised with Microsoft’s announcement that it would acquire the company for a price well above its recent share price. This was met with a mix of reactions and articles proclaiming to know the future plans of Microsoft for the social network.

I admittedly was very excited, for two reasons:

  1. Microsoft is cool again! It has been on a spree buying some incredible technology products and retaining those brands in its portfolio (for the most part).
  2. LinkedIn has a tremendous number of assets, but I think it was starting to suffer in financial performance because had lost site of its own north star.
live-or-dead

Is it live, or is it dead?

LinkedIn is dead, or dying. At least that’s what many of my friends and colleagues were saying over the last 12 months. Now we know that’s an exaggeration, of course, but they were basing their opinion on some very visible actions the company has been taking.

If you’ve been a power user of LinkedIn for some time, you will have taken note of one or more of these:

  1. The diversion of power user features from the core service into paid plans like Sales Navigator and Job Seeker.
  2. The creation of very different, CRM-style experiences of the premium services.
  3. An increasingly non-transparent set of paid advertising options.
  4. Corralling an impressive set of content marketing resources (read: Pulse, Slideshare and Lynda.com) but failing to promote any joined up vision for how they co-exist.

My long-standing love affair with LinkedIn

I started early. I think that I was really intrigued with the idea of having a place for professional networking that was inherently social. I initially earned quite a bit of harassment from my colleagues who didn’t seem to understand the value in those early years. They eventually came around, seeing the power that an extended network could bring to sales, marketing and recruiting efforts.

Even when I was on and off with my Twitter use, and restricting my Facebook visibility to close friends, my LinkedIn profile was always a place that I shared things of interest to me professionally. My network has become a massive asset for recruiting new team members, for job searches and for business deals. We use it for persona research, testing and amplifying content. It’s become an essential part of business life.

That said, perhaps that’s why the acquisition makes so much sense. Microsoft’s products are by and large synonymous with and (for some) essential parts of business.

Exciting opportunities all around

Depending upon where you sit, you are bound to see lots of very interesting potential opportunities coming out of the Microsoft-LinkedIn deal. A few folks were quick to point out that Microsoft products take a few of the top 10 Lynda.com course slots.

The Return of Author Rank

Google’s introduction of Author Rank in its search engine was a pretty big deal and many website owners were miffed when it went away. That said, LinkedIn, via Pulse, does provide a great way to attribute and “score” authority without relying on an obscure social network profile. Because it will be Microsoft owned, this presents an opportunity for Bing to have a very unique point of differentiation from Google search.

Data Enrichment

Within the B2B technology space, there are a large number of data providers that provide data enrichment services for businesses to augment their customer and recruiting databases. LinkedIn now has the most well groomed data set of company, industry and individual contact information (including job history) on the planet. This could be a Dun and Bradstreet sized opportunity.

Ads Everywhere

Let’s not forget, LinkedIn has a wide range of established ad products that include display, retargeting, email and more. Granted their high price points and complex sales model have made them slower in growth than their Google and Facebook counterparts, however, Microsoft has an opportunity to change all of that. The web enabled Windows desktop is now potentially the most coveted destination for B2B buyers to buy their ad impressions.

Experts on Demand

Just having a little fun, let’s suppose that Microsoft really started to look at how to combine its new services in exciting new ways. What about asking Cortana, Microsoft’s voice enabled personal assistant, to find you an expert on content marketing strategies in the life sciences space, having LinkedIn locate the expert, book the meeting in your calendar and Skype ring them up for a video conference when its time to chat.

Now that’s the future of work. It would also seem to be a fun time to work at LinkedIn and Microsoft.

Looking forward to see what happens.


Note: This post was a play on the title of a book by the late, great Ed Yourdon, “The Rise and Resurrection of the American Programmer“. I was a big fan of his books, most of which were on my Dad’s bookshelf, when I started my I/T career. Ed became a pretty great photographer in his later years and sadly passed away in January of this year.


Originally published at http://www.adammonago.com/rise-resurrection-linkedin

29 Jun 15:46

Progressive Profiling Is A Must

by Kayla Hrynrk

Somewhere in the content marketing world, there’s a prospect abandoning a form as you read these words. Is it…could it be…yours? There are two main reasons a prospect who is genuinely interested in a gated asset abandons a form:

  1. The form is too long.
  2. The form requests information they are not ready to give up.

progressive profiling

Here’s a common scenario: Busy important business guy takes a quick break between finalizing presentations while talking on the phone and answering emails while sitting in a meeting. Bagel in one hand, keyboard in the other, he peruses Forbes to get caught up on important business happenings. A well-nested display ad for a free report catches his eye because it just so happens to cover a topic discussed in that earlier meeting. He clicks and is taken to an intimidatingly long form, long enough to require releasing his bagel. “What?! They want to know what my budget is?! I don’t even know who these people are!” Busy important business guy quickly returns to the Forbes website to engage with non-bagel-dropping content.

Serving people with questions they don’t have time to answer or aren’t ready to answer will result in lower conversions and a greater number of people providing false data (yes, I’m looking at you, jackiechan@kungfupanda.org). If you want to invite someone to interact with your business, you need to make it look as easy and feel as unobtrusive as possible – especially in the first few interactions.

Progressive profiling allows businesses to gradually acquire the information needed from prospects at a rate that aligns with the level of interest they demonstrate. The first form an inbound prospect completes might ask three to five general questions. When the prospect comes back for more, they have established a bit more familiarity with your company and will be more inclined to answer another set of more specific questions. This progression continues until the prospect acquires enough points to be routed over to sales based on pre-determined lead management rules.

Aside from increasing conversion rates and improving data integrity, progressive profiling offers the benefit of making it easier to collect a greater amount of data than what would be possible with a single form repeated for every interaction. Progressive profiling also improves your users’ experience and that is hugely important today. Once you have progressive profiling set up, you will need to decide which questions to ask and when to ask them.

Take a look at the following approach:

  1. Map out your buyers’ journey from early stage engaged prospect to converted opportunity. Identify key stages between these two endpoints that describe the steps your buyers are taking to move toward the finish line.
  2. Identify the critical pieces of information you need to collect in each stage, thinking in terms of your lead management goals from a technology and segmenting perspective. For example, email is typically an immediate requirement in order to store the prospect in lead capture tools, but what about role? If you’re planning to enroll the prospect in a nurture program based on their persona, role may have to be on that first form as well. Start with the most general questions in the first form (while keeping the number to a minimum) and then progress to more detailed qualifying questions. Before finishing, consider what a sales rep needs to know before any engaged prospect is routed to them and make sure all that data is captured prior to routing.
  3. Vet your list with the sales team, ensuring your vision aligns with the information that’s actually useful to them. Sales and marketing alignment is important here as both organizations need to be in sync for this to work.

Progressive profiling is an important component in a truly buyer-centric Demand Generation Strategy. Implementing progressive profiling is likely to not only increase your conversions, but improve user experience by building trust before the first conversation even takes place. Put yourself in your buyer’s shoes the next time you peruse your company’s website and determine if progressive profiling will support your demand generation goals. The more we know about our buyers the better, but make sure your buyer is willing to share that information with you first, before you ask.

29 Jun 15:45

What is the Minimum Acceptable Close Rate on Leads?

by dan.mcdade@pointclear.com (Dan McDade)
What_is_the_minimum_acceptable_close_rate_on_leads-.png

I posted a question on LinkedIn's Sales and Marketing VP's Group and the results have been fascinating. First, here is the question as posted:

"What is the minimum acceptable close rate for leads provided to sales in a complex selling situation (long sales cycle and multiple decision-makers)?"

One thing I like about LinkedIn is that there are lots of people who genuinely want to help! Here is a distillation of the scores of responses I received:

"To what extent are the leads qualified to begin with?"

"Complex deals are really sold based on relationships, so the lead gets us started but is a long way from what it takes to close the deal."

"All you can do is look at the statistics over time. More than likely you will find a normal distribution across your sales team. Look at it every 6 months, and cull the bottom 10-15% of the team (that has passed through the probation period for new hires) and refresh with new talent. Over time you will raise the gene pool."

"Just don't beat yourself up because you have a low close rate if you knowingly go after low probability business."

"I would say over a 24-month period the close rate on such leads (across a large number of reps of varying capabilities AND a even distribution of leads across project cycles) would be 1.25-1.75 times the ERP vendor's overall market share. I honestly don't think one can credibly get any closer to an answer than that."

"A simple 3:1 rule has worked well for checking that pipeline gen and sales process management are moving in the right direction: 3 suspects to 1 prospect, 3 prospects to 1 qualified opportunity, 3 qualified opportunities to 1 win."

"4.3%!  This is based on 100,000 raw leads, across about 50 companies in various segments from the tech industry from the last 10 years."

Of course, lead definition (and hence, lead quality) are keys to the answer to this question. So too is the quality of the sales force. We had two clients in similar businesses that had relatively tight lead definition where one client is closing deals regularly while the other client cannot seem to harness its sales reps to show up on time and effectively work the leads. Another client is so good at following up on sales rep lead follow-up that they are closing twice the leads industry averages would have suggested.

I would not have expected the relative lack of specificity in the answers to my question. What does this say to you and how would you answer this same question?

 

By Dan McDade

29 Jun 15:44

3 Response Time Studies: Lead Generation & Wasted Sales Leads

by Michael Pendreigh

Something Smells Fishy

Seafood lovers love fresh fish. Fishermen go to great lengths to keep their catches fresh and sellable.

Your online marketing is a stream for catching leads. Once these leads are caught, you need to sell to them when they’re fresh.

Why? Because leads spoil:

“[A] rep is 100x less likely to make contact if the first call is made 30 minutes after submission. The odds of making contact drop by 3000x if the first call is made 5 hours after lead submission.”

Lead generation reels a potential customer in but if you leave them on the hook to dry, these prospects will never make you money at the fish markets.

“Our own in-house research shows only 27% of leads ever get contacted. Yet with a combination of awareness, best practices, and technology; companies can contact around 92% of leads.”–Ken Crogue

Increasing response rates from 27% to 92% causes a 314% lift in results. That’s a huge lift! All you have to do is respond immediately and persistently to leads.

Not a Fan of Fish? We’ll Let You Off the Hook

Ken Crogue puts a concerning number to CEOs:

“[I]f you proved 71% of the leads your company generates on the Internet are wasted? Who would be fired?”

Hubspot contributor Chris Getman uses a car salesman to make another analogy for lead response time: you are in the market for a new car, do some research, find a dealer and go to his dealership. When you arrive you get this response from the dealer:

“Thank you for contacting me, I’ll be in touch in 24–48 hours,” and walks away. The car salesman calls you two days later, on Monday, while you’re at work, to talk about the car.”

Not exactly optimal. But Chris’s analogy is intriguing because another study found that automotive dealers are actually some of the best responders to online leads with 96% of their lead responses occurring within 24 hours of a lead submission.

But even in the top lead response time industry there are leads going bad:

“Like other industries, nearly 25% of automotive dealers in the study did not respond to a direct sales inquiry from their website.“

“As with our overall research published earlier this year, I’m both excited and frustrated by the results specific to the automotive industry,” said Alex Terry, CEO of Conversica

You’re Paying for these Sales Leads, Use Them!

Olenski, author of the Forbes article linked first in this post, summarizes the frustration of wasting money on lead generation:

“[C]ompanies spend anywhere from $30 to $200+ on each marketing generated lead while B2C firms typically spend from $2-25 for each hot lead.”

And that Elkington, an involved researcher, comments:

“[I]f a CEO realized the amount of money they were throwing down the drain in terms of wasted leads and lower close rates due to no-follow-up, slow-follow-up and low persistence, they would shake the tree and turn things upside down.”

Harvard Business Review’s article and study, “The Short Life of Online Sales Leads,” discusses the incredible amounts of resources being devoted to lead generation as lead capturing methods fall behind. 2,241 U.S. companies data showed that:

  • 37% responded within an hour
  • 16% responded within 1-24 hours
  • 24% took more than 24 hours
  • 23% never responded at all

HBR crystallizes its point by referencing a previous report which analyzed 1.25 million sales leads received by 29 B2C and 13 B2B companies:

“Firms that tried to contact potential customers within an hour of receiving a query were nearly seven times as likely to qualify the lead … as those that tried to contact the customer even an hour later—and more than 60 times as likely as companies that wait 24 hours or longer.”

Spending resources, whether on PPC or other lead generation mediums, pays off best when leads become sales and customers. Leads become sales and customers when they’re responded to!

You have to respond quickly and constantly to make money from your leads.

The Importance of Selling to Freshly Generated Sales Leads

Prospects come to your site for information. They’re researching if what they want is what they really want, and if you can help them.

When a prospect submits a lead form, they’ve been convinced that you might have something that’s worth paying for. You have a small window to convince them.

The prospect needs to be contacted immediately. If you contact the prospect when he or she is hot and interested, you’re far more likely to not only reach him/her, but also to make the sale.

Lead Generation Marketing in Westeros

Lead Generation means Sales Leads Are Coming, Are You Ready to Respond?
Jon Snow is looking for the latest time management software. He’s fallen behind with paperwork at the Night’s Watch due to many action-packed events, but, as we all know, the boring stuff has to be done.

He’s just in luck because you are the CEO of an impressive time management solution. He sees one of your PPC raven ads and is persuaded by your impressive parchment landing page to submit his information.

Now he has to wait for your follow-up and the numbers don’t look good. Insidesales surveyed Dreamforce 2015 participants and the average online lead response time was 37 hours and 25 minutes.

Now what does Jon do in the meantime? Perhaps he does a bit more research, submits a few more online leads.

Or he goes through his emails, moodily broods, breaks his vows to the watch, etc. The point is that his attention and concern for your offering dwindles by the minute.

Snow was interested, but who knows if he will be later when your salesperson calls him at dinner?

His intent is going stale along with the possibility of a sale:

“if a lead is called within five minutes versus 30 minutes after it’s submitted, that lead is 100 times more likely to be contacted and 21 times more likely to enter the sales cycle.”

Persistently Respond and Profit

Steve Olenski visualizes the stats from above:
Fast Response to Lead Generation Means more Sales

So who’s more likely to get Jon Snow’s business? Your company or Lannister Lead Generation Company which has a strict policy of a 2 minutes or less sales leads response times?

2 minutes! That’s a fanciful metric for a fanciful corporation but the Insidesales survey says it’s not fanciful at all.

Lead Response Times that Are Crazy

Those are some inspirational numbers. And don’t be intimidated if your business is limited, there’s still hope.

You just need to aim to respond faster and more persistently than your competitors.

Converting Online B2C & B2B Leads

Respond faster! A fresh lead has your business top of mind, and is already a good ways down your sales funnel—take advantage and close the deal.

Even if you can’t sustain the prompt response times listed above, any improvement will improve sales.

Follow-up diligently! If you can’t reach the lead within 5, 10, 30 minutes, etc., make sure you’re calling periodically to ensure contact.

Insidesales has a graph which demonstrates the success of many follow-ups:

Contacting Sales Leads is Tied Directly to Lead Response Time

The participants surveyed had an average call attempt number of 2.8. Are you aiming to be average? No! Call more! The data shows that 2.8 is less than ideal.

Just think about it: if you want to learn more about a product/service, will you be more receptive to talking about it while it’s fresh in your mind, or the next day while you’re relaxing with a steaming coffee and a million emails in your inbox?

Don’t waste money spent on lead generation by ignoring the leads you generate! It’s a simple idea, but can be difficult to implement. Work incrementally towards that instantaneous response time!

Respond to your leads quickly and repeatedly!

The Studies:

Insidesales and Dr. James Oldroyd study, which everyone references and is likely the charter document of lead response research, is available under the title “The Lead Response Management Study

HBR’s study, “The Short Life of Online Sales Leads

Conversica’s automotive study, “Sales Effectiveness Report: Lead Follow-Up

The post 3 Response Time Studies: Lead Generation & Wasted Sales Leads appeared first on Vantage Search Marketing.

29 Jun 15:44

18 Thought Leaders Speak Up About Overcoming Failure (& Share Their Top 2 Techniques)

by Patrick Hogan

18 Thought Leaders Speak Up About Overcoming Failure & Share Their Top 2 Techniques

Every profession requires a certain thickness of skin to withstand failure and rejection.

While failure is present in practically any job, it’s typical to have more fails than wins in sales. The NOs can come flooding one day and hung up phones are not really uncommon.

But it has to be said: The best salespeople are not really those who eventually learn to close every sale.

Let’s face it. It’s nearly impossible to find someone with a 90% and up close rate.

Who emerge as the best? Those who have learned to use different strategies to deal with adversity.

Failures can take a toll on individuals in different ways, and unless you learn to deal with those effects, you cannot count on progress and success.

The way we tackle failures in our personal and professional lives go side by side. Developing strategies for dealing and overcoming failure is the best way to be ready when it comes.

In this post, we asked 18 thought leaders what their top two techniques for overcoming failure are.

If you’re struggling to bounce back after a failed call or a solid rejection, I suggest learning a thing or two from these thought leaders.

Read on:

peter coffeePeter Coffee
VP for Strategic Research at Salesforce

You can’t have a process for recovering from failure without a process for agreeing that a failure has occurred.

“That agreement should then trigger the next step, which could be called investigation as long as people also agree that the purpose of investigation is learning, not punishment,”: a comment made by General Stanley McChrystal (U.S. Army, Retired) at a Salesforce management meeting, and a goal for any management team to create as a cultural norm.

A culture of learning from failure arises when every team member shares ownership of the plan–or better still, when every team member is author as well as owner of a personal plan.

It’s widely known, and justly celebrated, that Salesforce is built–and at least once a year, rebuilt–on an architecture of plans that are individually agreed between every team member and manager. These plans follow a format called V2MOM: Vision, Values, Methods, Obstacles and Measures.

The vision could be called “why my job exists“; the values, “what guides my pursuit of my vision”; the methods, “how I will translate my values into measurable goals.” This is a framework that encourages ambitious targets, minimizes opportunities to make excuses, and invites discussion of what is not acceptable practice — before a gray area becomes a black mark on a personal or a corporate reputation.

In this environment, failure to achieve a specific and agreed objective becomes success in identifying a specific mistake that need never be made–at least, not in the same way–ever again. It breeds teams and processes in a way that selects for brains and judgment — not for luck.

111jamesJames Meincke
Marketing Manager at CloserIQ

1. Recognize that failure is a vital step to succeeding. All great inventors, entrepreneurs, and athletes have failed many times before reaching greatness. Whether it’s looking for a job or starting a business, the key is to to simply see failure as a necessary step in the process.

2. Learn from your failures. The next step is to analyze what went wrong, focus on which things you can control, and how you can do them differently. As long as you keep changing and adapting, eventually you will succeed. There are unlimited opportunities for success in this world, often times you simply need to try a different angle.”

Chelsea KlukasChelsea Klukas
Senior UX Lead, Engagement Design Group at Amazon

1. Recognize that failure is part of the growth process.

Setbacks can be frustrating and disappointing, but it’s important to recognize failure as a necessary part of growth. I believe that if you’re never failing, you’re not taking enough risks and reaching high enough. Simply acknowledging that failure is natural can help get over frustration and discouragement and continue moving forward.

2. Be honest and self-critical.

It’s easy to ignore our own contributions to failure, and find excuses or external reasons. Most of the time, there are things we could have done differently and better. Building a habit of being honest with yourself and comfortable with acknowledging your areas for improvement can help prevent repeat mistakes.

When working with a team, stepping up and admitting your own mistakes can help move forward and build stronger teams. It’s a common reaction to try to cover up mistakes or point out how others failed, for fear of losing authority or credibility. In my experience, being the first to admit your areas for improvement will actually improve your credibility by building trust and transparency.

111levin

Ariel Levin
Social Media Manager, Consultant & Strategist at The Link

Strategy one: What is the lesson?

If I failed what did I need to learn here? Showing up for the lesson can turn failure into a growth opportunity.

Strategy two: NEXT.

Say next and keep going – move forward, don’t dwell on the failure more than you should because the next opportunity is out there .

11correlei

Calvin Correli
CEO at Simplero.com

I keep at it. But I also go internally. I’ll see how I may be unconsciously committed to the outcome I got. I’ll go see a healer, or a coach, or some sort of therapist, who I think can help me. I’ll try new things that I haven’t tried before.

I always think three levels:

Physically – taking action.
Emotionally – what are my feelings telling me? What feelings are there that I haven’t felt or connected with yet?
Spiritually – how is this connected to my soul’s evolution, and what’s the lesson there?”

1111zhelMartin Zhel
CEO at Orior Creative, Inbound marketing agency

It is an interesting question.

There are many ways to do it but I believe these are the main 2 strategies that I use as well.:

  1. 1. Self-acceptance

You can’t really deal with failure if you don’t accept that you failed first. One must accept the mistakes his made, he’s current situation and the fact that there is nothing he can do about it.

You can’t change your past– so instead, you should focus on the thing you can control of – your actions.

2. Understand why you failed

Failure is not a bad thing. In fact, I believe succeeding without knowing exactly why is the worst. Because you got lucky once but you won’t know how to replicate that into the future.

When we fail we must always think about – what can we learn from that? Why did we fail? What didn’t work? You might need to search online, reach out to mentors, etc. to be able to find the answer.

The lessons that you learn from failures are much more valuable than short successes.

111stephensRyan Stephens
Thought Leader. Business Strategist.

“It’s hard to distil it down to just two strategies/techniques, but I’ll give it a go.

1. Treat failure like an experiment.

Failure is only final if you stop making progress. If you treat taking risks as an experiment then you might fail the first time, but then you take the time to learn from your mistakes and change the variables so that you’re more likely to be successful the next time.

2. Ask yourself: “How could this have been worse?”

The key is turning disappointment into gratitude. Take “We lost $10,000 this quarter.” and turn it into “We’re lucky that we didn’t bankrupt the company and now that our back is against the wall, we know what need to do to turn things around.”

11cassJacob Cass
Identity Designer, Logo Designer, Graphic Designer, Web Designer at JUST™ Creative

To overcome “failure” you need to look at it from a different perspective.

Look at your failed endeavors as lessons learned and use what you’ve learned to improve next time. Look at what you did well, and what did not work and try new things. You miss 100% of the shots you don’t take!

11torenAdam Toren
Award-winning Author. Co-Founded: YoungEntrepreneur.com, Kidpreneurs.org & SBBV.com

Failure doesn’t typically happen in a small business due to one sudden event, but more so due to a handful of oversights and mistakes that may have not been dealt with properly. Mindset is a key to overcoming failure or these mistakes. As long as the founder quickly realizes that failure coupled with resilience and adaptability will enable him/her to come back even stronger and smarter the next time around.

Consciously learn from your mistakes by really examining what went wrong and what went right. Always taking each failure as an opportunity to take a breather and start again but ensuring you take your new knowledge and apply it to the steps ahead.

When in doubt, just remind yourself of this quote by Henry Ford:

Failure is just a resting place. It is an opportunity to begin again more intelligently.

111sarahproutSarah Prout
Co-Founder and Creative Director at Soul Space Media

I see failure as a really important part of the personal and business growth process. It’s an opportunity to be innovative, rise above the situation and ask yourself how you can improve. Beautiful lessons always emerge from seeming failure.

My top two strategies for overcoming failure are…

1. Getting comfortable with uncertainty.

As a person that believes that everything happens for a reason, I feel there is a great opportunity to see failure or disappointment as a training ground to rise from the ashes and make it that much sweeter when success does prevail. Nothing in life is certain, so when we learn to stand back and appreciate the impermanence of it all then we are able to detach to the outcome and ride the wave of surrender.

2. Embracing the idea of ‘this or something better’.

It boils down to trusting and believing that everything is unfolding in perfect timing as it should to form part of your story. If something doesn’t work out, then there will always be a replacement energy or another stepping stone that manifests into your reality that takes you on the journey you are meant to experience. Life and business is both full of interesting detours and learning curves. ”

111loayzaJun Loayza
Head of Product and Chief of Bunny Fulfillment at Bunny Inc

Write a post-mortem and publish it to the team.

This accomplishes two objectives: 1) You internalize your learnings from the failure because you write it down. 2) You share your learnings with the team so that you can all benefit.

Brush it off and move forward.

There’s no reason to dwell on mistakes or failures of the past — your best course of action is to keep your head up and keep moving forward.

111trunkPenelope Trunk
Founder and CEO at Quistic

1. Get out of bed and try again the next day.

2. Keep fixed expenses as low as possible so if failure leads to having no money you don’t worry about food.

111dahiyaYashish Dahiya
Co-Founder & CEO at PolicyBazaar

1. Get back into action very fast.

2. Consider it a learning experience, necessary for future success.

111dustinDustin Amrhein
Field Solutions Leader at Insert

I do not really look at it is overcoming failure.

One of the things sports taught me early on in childhood is that as much as you may dislike it, failure is inevitable.

Throughout my career, I have always taken an attitude of embracing failure, and not in a defeatist manner.

I embrace it because I know that it is inevitable, and if failure is inevitable, the best thing I can do is figure out how to leverage it. It may seem strange, but it’s worked well for me.

Give this outlook, I like to take a systematic approach.

When I do fail, I try to ask two important questions:

“What actions did I take that led to the failure?” and “What other factors/actions led to the failure?”

Obviously, I need to understand my actions so that I can learn from their impact. The second question is equally critical, and it’s not about pointing to factors that were ‘out of my control.’ I dislike that expression! Instead, I examine the external factors carefully so that I can learn how to better manipulate or react to them the next time.

With both questions, it is important to be very precise and examine all actions, big and small. The learnings have been invaluable to me!

111guilleChris Guillebeau
Author of The $100 Startup and The Art of Non-Conformity, Founder of WDS, & World Traveler

1. Accept.

2. Try something else.

11bayrasli

Elmira Bayrasli
Entrepreneur, Speaker, Coach, Consultant, & Author, From The Other Side of The World

Failure has such a negative stigma in society.

People rarely want to admit that they’ve failed.

For a long time, I struggled with admitting failure. It’s only when I realized that I wasn’t helping myself when I did so. When you can’t admit failure you can’t move forward or progress.

Slowly I started to let go of my fear and stare whatever failure it was head on. And you know what happened? I started to see things more clearly and grow stronger.

Admitting failure allowed me to recognize my role in whatever situation – what I did, what I could have done better. It forced me to see me. That was the biggest revelation.

Now when things don’t work out the way I would like them to – I sit down, look at my actions and take action to fix it and improve.

Another thing that helps in overcoming failure – put it into perspective. A lot of people talk about counting your blessings and expressing gratitude. There is so much truth to that. Your lowest point is someone else’s highest.

Don’t discount how far you’ve come just because you’ve gotten tripped up–however many times you get tripped up. And the more you get tripped up, the more it shows that you’re out there trying. That’s awesome. “

111MurphyLincoln Murphy
Customer Success Strategist & Growth Architect

You can’t let failure define you.

They say “failure is just an event, not a person” and – while cliche – holding this belief top of mind will keep the failures that do occur from having a deeply negative impact on your life.

The reality is, you’ll never fail if you don’t try, so ‘failing’ simply means you tried and the result wasn’t what you needed to continue.

Another quote I like is

The only real failure in life is one not learned from

(generally credited to Anthony J. D’Angelo).

My first startup could be classified as a failure, certainly monetarily; I always say at least I didn’t end up owing too many people too much money. But the experience – having the idea, starting the company, marketing and selling the product, and even trying to find a buyer for the company – certainly wasn’t a failure. What I learned from that “failure” has helped me – and the hundreds of companies I’ve worked with since – in too many ways to count.

111DragilevDmitry Dragilev
Founder at JustReachOut.io

#1 I build an email list.

I ask them what they want.

I build the product.

#2 Before I even write a line of code I use sketches to show the concept of my product to potential customers, I ask them for feedback and whether they’ll buy the product. I then ask them to commit to buying the product.

29 Jun 15:43

Is Cold Calling Dead? 17 New Prospecting Strategies Salespeople Should Use

by richs@angelfish-marketing.com (Richard Stephens)

Is cold calling dead? Let's be honest. That answer is "No." Cold calling used to be one of the best -- and only -- prospecting strategies salespeople could use.

But in the past 40 years, a variety of more effective alternatives have emerged. While it's likely naive to say cold calling is never effective, useful, or necessary, it's crucial to elevate the rest of your prospecting strategy so it's never your go-to tactic.

In this post, we'll compare warm calling and cold calling, and discuss how to make calls to prospects you aren't very familiar with more productive -- and less intrusive.

Is cold calling dead?

Not really. Cold calling is a traditional sales technique that involves calling people with whom you have no existing relationship. It's still part of the modern salesperson's workflow, but there are better ways to conduct this outreach.

In the words of Mark Twain, rumors of cold calling's death have been greatly exaggerated. Instead, you need to update and finesse your cold calling strategy so you're using all of the resources available to you to build rapport and make a connection. Let's run through the differences between warm calling and cold calling:

Cold Calling vs. Warm Calling

What is warm calling?

"Warm calling" means you establish contact with a prospect before sending them an email. You might connect on LinkedIn, communicate over social media, or have a mutual acquaintance introduce you before you actually reach out to them with the intention of making a sale.

A good prospecting strategy is:

  • Consistent: It reliably generates new leads.
  • High-return: It generates a high number of potential customers for the amount of energy and resources required.
  • Targeted: It connects you with the right prospects, not just any prospects.

What is cold calling?

"Cold calling" refers to calling a prospect you haven't previously made a connection with before sending them an email or calling them on the phone to talk to them about your product or service.

With over 200 million people on the national do not call list alone, T-Mobile releasing data-only mobile packages, and corporations not taking calls unless you have a named contact, it's clear that our desire to speak with people on the phone is dwindling -- especially if those calls are unsolicited.

On top of that, prospects can now research company information, reviews, feedback, and all manner of information online. Cold calling is becoming an unnecessary nuisance -- prospects no longer need salespeople in the same ways they used to.

In fact, it's fair to say that anyone interrupting your day with an uninvited three-minute script is going to have to do some seriously fast and impressive talking to keep you on the line.

The odds aren't on the salesperson's side: Chances are the caller has already had to get creative about how they got through to your desk phone in the first place, and the call itself has probably begun with you being mildly irritated at best.

So, while prospects are annoyed that their days are still being interrupted by cold calls, sellers aren't having a good time either. They most likely have managers who demand more than 20-30 calls a day and expect just as many meetings booked per week.

But expectations and reality could not be farther apart. In sales organizations that rely on cold calling, lead flow is slowing down, the sales team is getting frustrated, and managers are getting increasingly angry.

The Harvard Business Review reported cold calling is ineffective 90% of the time, and more recent research shows that less than 2% of cold calls actually result in a meeting. Assuming a 0.3% appointment-booking rate and a 20% win rate, it would take 6,264 cold calls to make just four sales.

17 Lead Generation Alternatives to Cold Calling

What can the modern business do to protect its future and get new leads without cold calling? The good news is that it doesn't involve a circus act or shameless begging of any sort.

The bad news is that it requires a completely different way of thinking and some serious energy and hard work. Here are 17 alternatives to cold calling salespeople can use to generate leads.

1. Share interesting content that helps prospective customers solve their business problems on social media.

Once you've built up your personal following, you'll have a natural flow of prospects to your products and/or services.

2. Write for a blog.

Focus on the overlap between your expertise and your prospects' pain points and opportunities.

3. Engage on social media with the right people.

By connecting and interfacing with thought leaders in your industry, and potential users who fit your ideal buyer profile, you'll grow your own audience on social and your potential list of prospects.

4. Join LinkedIn groups and answer questions people are asking in your industry.

You'll establish yourself as a helpful and authoritative person people can ask questions and get trusted answers.

5. Share relevant blog posts or interesting articles in online groups.

You'll help kick off the conversation that will help your content be discovered by more people on social media.

6. Create a great series of sales prospecting emails designed to provide inbound leads with helpful information.

Make sure you're moving beyond your regular sales pitch, regular request for a meeting, or product information. Remember, it's about them, not you. Use this sequence to help prospects learn during their research and consideration phase, so they're ready to talk by the time you get on the phone with them.

7. Track your web visitors' behavior

That way, you'll understand when the time is right to reach out with a call at the opportune moment.

8. Set up email notifications when prospects are researching articles on your website.

These moments signify buyer intent such as demos, price lists, and product walkthroughs that could lead to a better chance of closing a deal.

9. Sell based on your expert knowledge.

Don't try to trap customers in a conversational corner to get them to say what you want to hear. Instead, use your knowledge to be consultative and helpful on your call.

10. Use an integrated and intelligent CRM system.

That way, you'll have context for every buyer before you reach out.

11. Keep in touch with prospects after the sales process.

Make sure you continue to send them helpful content even if they decided not to purchase. This helps you do more beyond your initial follow-up and stay in the prospect's mind.

12. Ditch the call script.

Be human, relatable, and consultative in your calls.

13. Offer free half-hour consultations on your area of expertise.

Once you've earned credibility and trust with a potential customer and delved into their challenges, explain how your product can help.

14. Ask your happiest customers to refer you to others who might benefit from your solution.

Make your request as specific as possible ("Do you know any companies of X size in [industry] who struggle with [challenge]?" ) so a name immediately leaps into your customer's head.

15. Make a video featuring your tips for solving a common challenge or capitalizing on a timely opportunity.

At the end, tell viewers you're willing to give them personalized recommendations on the topic if they'd like. Share the video on your social media platforms and send it to your customers.

16. Head to Quora and start answering questions related to your product/service.

Avoid pitching to people here, but build trust and authority with leads who might eventually take the conversation offline.

17. Engage with prospects on social media and always reply in kind.

If you share a prospect's recent article on LinkedIn and they "Like" your tweet, don't immediately DM them. Continue casual social media etiquette by liking their subsequent posts, tagging them in articles they might like, or following them.

Once you start turning your new social and website visitors who are in active research phase into contacts, and prospect using social media, blogs, and your own email campaigns, your prospects will be more receptive and ready to talk -- unlike when they've been unexpectedly interrupted by an unwelcome phone call before their next meeting!

By looking at your website and social pages as powerful lead generation tools, you can get your sales team fully connected with your marketing team. The result? A powerful new approach that will help you nurture your leads and close deals.

To learn more, read about the ideal length of a sales email next.

HubSpot CRM

28 Jun 17:02

The Internet of Things invades Wimbledon

by Andrew Meola

Novak Djokovic Tennis WimbledonThis story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here.

The historic Wimbledon tennis tournament in London is taking advantage of the Internet of Things (IoT) in 2016.

The tournament, one of four major events in pro tennis, will use two IoT solutions this year, reports Gemalto.

Connected cameras will take pictures of the facial expressions of spectators at the event and will send those photos to IBM's Watson, which will then analyze the pictures to determine which players the fans prefer. Wimbledon wants to use this information to more effectively market its merchandise and sell tickets.

Players, meanwhile, will use connected tennis rackets with built-in sensors that will collect data on swing velocity and angles, as well as the player's overall performance. The players can immediately access this information through an app that analyzes the data and offers recommendations on how to improve their game.

Sports is actually a rapidly growing area of IoT adoption, as Wimbledon is not the first sports organization to use it. Last fall, Wilson released a connected basketball, and Russell Brands LLC made a bid last week for a bankrupt startup that provides information about a player's ability to handle the basketball.

The IoT Revolution is picking up speed and when it does, it will change how we live, work, travel, entertain, and more.

From connected homes and connected cars to smart buildings and transportation, every aspect of our lives will be affected by the increasing ability of consumers, businesses, and governments to connect to and control everything around them.

Imagine “smart mirrors” that allow you to digitally try on clothes. Assembly line sensors that can detect even the smallest decrease in efficiency and determine when crucial equipment needs to be repaired or replaced. GPS-guided agricultural equipment that can plant, fertilize, and harvest crops. Fitness trackers that allow users to transmit data to their doctors.

It’s not science fiction. This “next Industrial Revolution” is happening as we speak. It’s so big that it could mean new revenue streams for your company and new opportunities for you. The only question is: Are you fully up to speed on the IoT?

After months of researching and reporting this exploding trend, John Greenough and Jonathan Camhi of BI Intelligence, Business Insider's premium research service, have put together an essential report on the IoT that explains the exciting present and the fascinating future of the Internet of Things.  It covers how the IoT is being implemented today, where the new sources of opportunity will be tomorrow and how 16 separate sectors of the economy will be transformed over the next 20 years.

The report gives a thorough outlook on the future of the Internet of Things, including the following big picture insights:

  • IoT devices connected to the Internet will more than triple by 2020, from 10 billion to 34 billion. IoT devices will account for 24 billion, while traditional computing devices (e.g. smartphones, tablets, smartwatches, etc.) will comprise 10 billion.

  • Nearly $6 trillion will be spent on IoT solutions over the next five years.

  • Businesses will be the top adopter of IoT solutions because they will use IoT to 1) lower operating costs; 2) increase productivity; and 3) expand to new markets or develop new product offerings.

  • Governments will be the second-largest adopters, while consumers will be the group least transformed by the IoT.


And when you dig deep into the report, you’ll get the whole story in a clear, no-nonsense presentation:

  • The complex infrastructure of the Internet of Things distilled into a single ecosystem

  • The most comprehensive breakdown of the benefits and drawbacks of mesh (e.g. ZigBee, Z-Wave, etc.), cellular (e.g. 3G/4G, Sigfox, etc.), and internet (e.g. Wi-Fi, Ethernet, etc.) networks

  • The important role analytics systems, including edge analytics, cloud analytics, will play in making the most of IoT investments

  • The sizable security challenges presented by the IoT and how they can be overcome

  • The four powerful forces driving IoT innovation, plus the four difficult market barriers to IoT adoption

  • Complete analysis of the likely future investment in the critical IoT infrastructure:   connectivity, security, data storage, system integration, device hardware, and application development

  • In-depth analysis of how the IoT ecosystem will change and disrupt 16 different industries


To get your copy of this invaluable guide to the IoT universe, choose one of these options:

  1. Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP
  2. Purchase the report and download it immediately from our research store. >> BUY THE REPORT

The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the fast-moving world of the IoT.

Join the conversation about this story »

28 Jun 17:01

New Battery Technology Charges by Using Your Body's Energy

by BizCast
AMPY co–founder Tejas Shastry and partners developed energy harvesting technology that captures movement and turns it into power for your phone.
28 Jun 17:00

How To Get More Respect As A Manager

by Jacob Shriar

get more respect as a manager

Here’s an interesting question for anyone reading this: do people respect you because they have to? Or because you’ve truly earned it?

Some leaders think that they automatically deserve respect because of their title or position of authority, but that’s just not true.

In fact, you’re much more likely not to be respected if you have an attitude like that.

Respect is earned over time, and takes an incredible amount of work.

Being mindful of all these things to earn respect, managing a team, and keeping up with your own workload can easily become overwhelming.

But being overwhelmed isn’t an excuse to be a mean person.

Many managers think leading with fear will get them respect, and maybe that worked in the past, but that won’t work anymore.

Leading with fear is the biggest mistake you can make, because it does the complete opposite of what you’re trying to do.

  • Fear holds employees back from speaking up
  • Fear disengages employees
  • Fear kills creativity
  • Fear covers up a leader’s insecurities
  • Fear is focused on controlling instead of including

Employees these days are looking for leaders that are transparent, fair, understanding, empathetic, and mindful of them.

Do you take your title and authority for granted? Here’s a pro-tip: you should stop that right away.

Instead, you need to put yourself on the same level as the other members of your team.

Employees want to see you putting in the same amount of time and energy as them. They want to see you play your part in moving the organization forward.

The best leaders are the ones that build their emotional intelligence.

I mention emotional intelligence so many times on this blog because I believe in its power so much.

The secret to earning the respect of your employees is to pay close attention to them.

You need to be constantly making sure they’re taken care of and that they have the resources they need to do good work.

The best way to be more focused on employees and pay more attention to them is to build up your emotional intelligence.

Why Employees Don’t Respect You

Before we look at ways to earn respect of your employees, let’s look at a few of the reasons why employees don’t respect you.

Are you guilty of any of these?

If yes, then you need to work hard to change your mindset to stop doing these things.

  1. You Don’t Let Employees Grow

    It doesn’t make sense to hire smart people and then tell them what to do; we hire smart people so they can tell us what to do. Steve Jobs

    You can’t micromanage employees or limit their creativity. You need to be letting employees use all of their strengths at work.

    You’re just limiting your company’s success and limiting the growth of your employees.

    This can get incredibly frustrating for employees and they’ll easily lose respect for you if you constantly limit them.

  2. You Don’t Appreciate Employees

    One of the easiest ways to get respect is by showing respect and appreciation for the work your employees do.

    One of the fastest ways to lose respect from employees is to not show them any appreciation and hardly ever give them praise.

    The trick is to create a culture of recognition so that even if you’re not around, employees are still getting the praise that they deserve.

  3. You Don’t Handle Conflict Well

    Respect isn’t all about being nice. Sometimes, conflict will come up and you’ll be respected by how you handle it.

    You don’t have to be mean, but if you handle it quickly and are straightforward, employees will respect you.

    Employees will lose respect for you quickly if you avoid conflict or pick favorites and avoid conflict with some people but handle conflict with others.

    Avoiding conflict is weak, and will make employees lose respect for you quickly.

  4. You’re Not Consistent

    Do you say one thing one day and then the next day, do something else? That’s a very easy way to lose respect from employees.

    Do you consistently miss deadlines? Are you consistently late for meetings or absent from certain meetings? I get that leaders are busy, but if you say you’re going to do something, commit to doing it.

  5. You’ve Lied

    This is literally the quickest way to lose respect from your employees.

    I can’t think of anything more insulting to an employee than if they find out you’ve lied to them.

    Even if it was unintentional, I think if you get caught in a lie, you’re going to have a very tough time earning back that respect.

  6. You Don’t Care About Them As People

    Without getting too personal, you should be showing some interest in an employee’s personal life.

    If it’s obvious that you don’t care about their issues and you only want them to be working hard for you, there’s no way that they can respect you.

How To Earn More Respect

According to an article in the Harvard Business Review, 54% of employees feel like they don’t regularly get respect from their managers.

Remember that respect is earned over time with a lot of hard work, but here are a few tips you can use to get more respect as a manager.

  1. Respect Yourself

    Before you can think of earning respect from others, you need to respect yourself.

    Exercise, eat well, work hard, set high goals for yourself, etc. Make sure you take care of yourself.

    You need to respect yourself before others can begin respecting you.

  2. Become Self-Aware

    Self-awareness is likely the most important item on this list.

    According to one study1, self-awareness leads to more respect and increased financial results in a company.

    The study explains that there are two reasons why self-awareness is so important for earning respect:

    1. They’re aware of their weaknesses
    2. They’re more likely to delegate those weaknesses to other employees

    These leaders understand what they’re good at, and focus on that, while empowering others to help them with their weaknesses.

  3. Communicate Frequently

    Employees want frequent communication with you. They’ll respect you if you’re constantly touching base with them and giving them frequent feedback.

    Having consistent one-on-ones will help you set a good pace for frequent communication with your team.

  4. Read A Lot

    Reading a lot will help you understand a lot of the things that your employees are working on or dealing with.

    If you can help them with advice or teach them something you learned, your employees will respect that knowledge.

    The best leaders read a lot. Reading has incredible effects on how you lead that will ultimately lead to more respect from your team.

  5. Be Vulnerable

    There is a false thought among many leaders that being vulnerable will make you look weak, but it’s the complete opposite.

    Being vulnerable, and admitting to mistakes will make you seem more open and transparent, which is exactly what employees want.

    Brené Brown, whose TED talk about vulnerability went viral has another talk that perfectly explains why this myth is simply that.

  6. Be Authentic

    Always be authentic with your team.

    People can tell when you’re not being authentic, and that can easily lose you respect, so it’s better if you’re just authentic and truthful.

    Be transparent with your team. Transparency breeds trust, and trust leads to respect.

How Do You Earn Respect From Employees?

Any helpful tips to share about earning respect from your employees? Share them with us in the comments below!

28 Jun 16:54

Nestle taps new CEO with health care industry background

by CB Staff

GENEVA – Nestle has selected health care executive Ulf Mark Schneider as its new CEO, the first chief executive brought in from outside the company since 1922 as the food and drinks giant seeks to evolve into a nutrition, health and wellness business.

The company based in Vevey, Switzerland, announced late Monday that Schneider, a 50-year-old German and American dual national, will succeed current CEO Paul Bulcke starting Jan. 1. Schneider has headed health care giant Fresenius Group since 2003.

Bulcke is taking over as non-executive chairman from Peter Brabeck-Letmathe, who is retiring after 50 years with the company known for its eponymous chocolates as well as bottled water, Dreyer’s ice cream, Gerber baby food and Lean Cuisine frozen meals.

Brabeck-Letmathe noted the transition amid an “increasingly difficult external environment” for Nestle, which reported a 37 per cent drop in net profit last year due to a stronger Swiss franc and one-time items linked to deal-making.

Nestle also has been beset by product recalls, notably a setback to its Asian operations last year after pulling Maggi noodles from store shelves in India for five months after the popular snack was found to contain lead above permissible limits.

Schneider’s appointment appears to reflect Nestle’s push into health and nutrition, an area many large food makers are trying to highlight. Since 2011, the company has operated its Nestle Institute of Health Sciences, which researches and develops “nutritional solutions for the maintenance of health.”

Food companies in general have sought to burnish their reputations on health and nutrition matters to address concerns about growing obesity rates. Nestle said earlier this year it supported the U.S. Food and Drug Administration’s guidelines for voluntary sodium reduction for food makers, and announced its own plans to further reduce sodium in its products.

And candy giant Mars, which makes M&Ms, Snickers and other products including Uncle Ben’s rice, recently announced plans to label its food products as “everyday” and “occasional,” to help people make better choices. Coca-Cola Co. and PepsiCo Inc. in 2014 also pledged to reduce the calories Americans get from beverages by 20 per cent over the next decade by more aggressively marketing smaller sizes and diet drinks.

In some cases, the moves reflect the direction consumers were headed in anyway. The calories people get from drinks, for instance, had already been falling in recent years as people shifted toward diet drinks, according to industry tracker Beverage Digest.

The post Nestle taps new CEO with health care industry background appeared first on Canadian Business - Your Source For Business News.

28 Jun 16:52

Google-affiliated Sidewalk Labs has big plans for its 'city of the future'

by Melia Robinson

TI_Graphics_Google City 2x1

Sidewalk Labs, a top-secret urban innovation division run under Google's parent company Alphabet, wants to improve city life for city-dwellers by reinventing public parking and transportation.

Its first testing grounds — Columbus, Ohio — may host subsidized ride-sharing, a service that finds free parking spots, and an artificial intelligence platform that will help meter maids fine more people, all in the Buckeye State capital.

Earlier in 2016, Sidewalk Labs announced plans to buy up land in major US cities and transform the parcels into ultra-high tech municipalities. In conjunction with the US Department of Transportation, it launched the Smart City Challenge to identify a launchpad for its innovations. Cities from Kirkland, Washington, to Austin, Texas, vied for the grand prize: a $50 million infrastructure overhaul. 

Columbus took the prize.

The Guardian revealed on Monday never-before-seen documents and proposals from the Smart City Challenge. Turns out, Sidewalk Labs has elaborate plans for Columbus, including making vehicle navigation less of a hassle.

Its smart traffic platform, Flow, will pool information and fare cost from almost every major form of transportation. When a user types a destination into Google Maps, the app will suggest a journey that takes duration and price into account.

Low-income transit users might be able to put their discounted or free bus passes toward ride-sharing services, like Uber and Lyft, through Sidewalk's partnership with the city.

TI_Graphics_Google City

Cars that operate under Sidewalk Labs' proposed ride-sharing program will be equipped with cameras that count all public parking spots and read parking signs. The platform will combine that information with data from Google Maps and live parking meters to steer drivers toward the nearest available parking spots.

Private parking garages will also be able to add their spaces to Flow's database and turn a profit on spaces usually reserved for shoppers and workers. Garages may charge more during surges in demand. Sidewalk claims this system could bring the city $2,000 per participating parking space annually.

Helping the city reap revenue from its transportation infrastructure appears to be a core priority for Sidewalk, which is also working on a platform that calculates where cops can give out the most parking tickets. Columbus could rake in another $4 million in fines every year.

Google City 3

Columbus likely charmed judges with its already sophisticated (and surprising) efforts to become a hub in autonomous transportation innovation. The city monitors traffic conditions continuously all throughout the state using sensors and cameras, and has invested some $76 million on a smart traffic system that will enable driverless cars to navigate faster and safer, Tech Insider reported back in April.

"We want to be the epicenter," Rory McGuiness, deputy director the department of development for Columbus, told Tech Insider's Danielle Muoio. "We want to be synonymous for intelligent transportation systems in same way that Silicon Valley is for tech."

As its Smart City grand prize, the city will receive $50 million from the US Department of Transportation and Paul Allen's Vulcan that can be spent however it wants, making it possible to "become the country's first city to fully integrate innovative technologies — self-driving cars, connected vehicles, and smart sensors — into their transportation network." 

Columbus and Sidewalk might be swapping data as soon as August, with dynamic parking prices implemented by January 2017, The Guardian reports.

One big caveat: the proposals laid out by Sidewalk Labs have yet to be approved by the city. To achieve all its goals, Columbus will have to infuse some of its own funds into revamping the transportation infrastructure. 

 

SEE ALSO: Ex-Apple engineers are making incredible tech for your car — here's their first product

Join the conversation about this story »

NOW WATCH: Google has some pretty sweet power user hacks — it can even find your lost phone

28 Jun 16:52

55% of Visitors Read Your Articles For 15 Seconds or Less: Why We Should Focus on Attention Not Clicks

by Ash Read

Millions of blog posts are published every day.

A small percentage gain traction and attract readers.

And among those readers, 55% will read the blog post for 15 seconds or less.

(If you’re still reading, thanks for sticking with this one!)

The internet is a daily battle for attention. Everywhere you turn, people are trying to share the latest marketing hacks with many of the same points echoed repeatedly.

I’m guilty of it myself, and I completely understand why many of us write articles that are a little similar and repetitive. It’s because they work. You could argue that content is becoming less art and more science. There are formulas to it — if you find the best keywords and write the correct content, you can build a high-traffic blog (that’s almost a guarantee).

But is traffic the goal of content? Or can there be some new and unusual ways of measuring content success? I have some ideas I’d love to share.

Do the surface metrics really matter?

Why pageviews and sessions might be the wrong numbers to chase

Often (and, I’m guilty of this too) you’ll hear someone talk about the success of their content by saying something like: “10,000 people read my post” or “60,000 people saw my video on Facebook.”

But I’ve started to wonder if this is really an accurate measure of successful content?

Even if someone clicks on your article, the likelihood of them taking it all in is very slim. The internet has changed many of our habits. But one thing that hasn’t changed in nearly 20 years is the way we consume content online. Most of us still skim and rarely read a full post.

Many publishers have now started to focus on “attention metrics” alongside more traditional measurements like pageviews. Medium’s Ev Williams explains their stance on which numbers are meaningful:

We pay more attention to time spent reading than number of visitors at Medium because, in a world of infinite content — where there are a million shiny attention-grabbing objects a touch away and notifications coming in constantly — it’s meaningful when someone is actually spending time.

Maybe we need to stop focusing on how we can hack and grow the number of views our content gets. And instead, focus on how we can make each reader care about what we’re saying.

I’d argue that you don’t build a successful blog by accumulating a huge number of page views. Rather, you build a successful blog by creating something of value.

The only way content will drive results for any business is if it provides value to someone else. It’s not necessarily about how many people you reach; it’s how many you connect with. Because when people connect with us, they remember us, come back for more, trust what we have to say, and may eventually buy from us.

When you’re creating great content, you don’t need to live or die by your analytics. Maybe we should let go of our desire to write for everyone in order to skyrocket our pageviews, and instead hone in on sharing what’s unusual, valuable, and unique?

How to measure the value of your content

3 under-used metrics to tell you just how valuable your content is

Value is quite subjective and can be hard to measure. In this section, I’d love to share a few ways we’re starting to measure the value of our content here at Buffer.

1. Run an NPS survey

A Net Promoter Score (NPS) is commonly used to measure loyalty between a brand and a consumer. It can also be a great way to measure the value that your blog is delivering to readers.

You calculate NPS by asking a simple question: How likely is it that you would recommend our blog to a friend or colleague? (Using a 0-10 scale to answer.)

Respondents to the question are then grouped as follows:

  • Promoters (score 9-10) are loyal enthusiasts who will keep buying and refer others, fueling growth
  • Passives (score 7-8) are satisfied but unenthusiastic customers who are vulnerable to competitive offerings.
  • Detractors (score 0-6) are unhappy customers who can damage your brand and impede growth through negative word-of-mouth.

Subtracting the percentage of Detractors from the percentage of Promoters yields the Net Promoter Score, which can range from a low of -100 (if every customer is a Detractor) to a high of 100 (if every customer is a Promoter).

This handy graphic from the Net Promoter Network highlights the formula:

nps

By running an NPS survey on your blog you can begin to understand how many of your readers truly value the content you’re creating and whether they would be happy to share it with their networks.

How to run an NPS Survey

There are plenty of great tools out there to help you run an NPS Survey on your blog and I’d love to share a few below:

You can also create your own survey using a tool like Typeform and distribute it to your readers. One thing that feels important to be mindful of is ensuring you reach all kinds of readers with your survey. For example, sending it only to your email subscribers could slightly skew results as they’re likely to already be your most engaged readers.

2. Pay attention to the comments

There has been a lot of debate about the state of blog comments. With the rise of social networks like Twitter, Facebook, and LinkedIn, readers have a multitude of ways to engage with your content:

  • They can share a link to your post on Twitter, Facebook (or any network of their choice)
  • They can interact with a post where you’ve shared a link back to the blog (favoriting a tweet, sending a reply, liking on Facebook)
  • They can retweet your tweet sharing the post or share your Facebook post
  • And much, much more…

With all these options and ways to interact with content, you could argue that a blog comment is losing its relevancy — or on the contrary, you could see it that the value of a blog comment is rising.

Knowing that people can share and comment on your post anywhere, the fact they’re taking the time to respond directly within the post itself could be perceived as the highest form of engagement.

For us, comments are an increasingly important metric and one we’re focused on measuring. In Q2 2016, we’ve had a focus on increasing the average comments on each blog post by 100% from Q1 and here’s how we’re getting on:

comment-tracking

Comments feel like a great measure of the value your content creates. If someone takes the time to spark a discussion on reply to us through a comment then we feel the post must have been useful to them in some way or sparked some curiosity. A great example is our recent social media study post. This one generated over 70 comments with readers sharing their thoughts on the study and also how our findings compare to their own.

3. Monitor mentions and shares

Whenever I publish a post on the Buffer blog, I’ll get a few mentions on Twitter or LinkedIn when people share it. As a result of this, I’ve started to build a slight intuition around how much value each post is generating based on shares and mentions.

When a post really delivers value and goes above and beyond reader expectations, I’ll notice a distinct spike in the number of shares it receives and the number of mentions we receive both via the @buffer accounts and my own personal social media accounts.

It’s super easy to keep tabs on how many times your content has been shared. Sharing plugins like SumoMe and Social Warfare can provide share counts on your posts and PostReach (full disclosure: this is a tool a few friends and I have built) and Buzzsumo can pull in data about who is sharing each of your posts on Twitter. I also like to pay extra close attention to my mentions on Twitter after a new post goes live so I can gauge how it’s doing and see what people are saying.

A quick tip: Promise value in your headline

Headlines are amazingly important to the success of a piece of content. Before we publish a post, we spend a bit of time focusing on how we can craft a headline that gives the content the best chance of being seen. Amazing content behind a weak headline probably won’t get seen.

Sometimes we’ll create between 20-30 headlines for each post and choose the one that feels best and other times we’ll have a quick chat and riff on how we can make the headline stand out. Here are some extracts from a recent conversation between Leo and I:

headline-convo

The original headline we had was:

53 Graphic Design Terms and Definitions for Non-Designers

And the title we decided on when we hit publish is:

Why Every Marketer in 2016 Needs to Be a (Part-Time) Designer: 53 Design Terms and Tips to Level-Up

This post has generated plenty of shares so far and 18 comments (at the time of writing). By focusing on the headline, we were able to promise value: 53 Design Terms and Tips to Level-Up. And also spark a discussion about the role of a marketer: Why Every Marketer in 2016 Needs to Be a (Part-Time) Designer. Without the time spent tweaking this headline, I’m not sure we would have had such success with this post.

What makes an idea worth writing about?

Every blog post begins as an idea, but what makes an idea stand out and how do you know which ideas to act on and publish?

Before choosing a post to write, I tend to ask myself three questions:

  1. Is this actionable?
  2. Who will amplify this?
  3. What makes it unique?

And I’d love to go into detail on each of the three questions below:

1. Is it actionable?

On the Buffer blog, we strive to deliver content that helps readers solve a problem or challenge they face in their every-day work environment. This means we like them to be able to read a post and directly action something they’ve learned from it.

We focus on making content actionable because we believe that if someone learns something from one of our posts they’re likely to remember us and even share the post with their network as a New York Times study found that content that is practically useful gets shared more than any other content:

surprising-interesting-practical-viral

2. Who will amplify it?

When creating content, it’s important to hone in on your audience and think about who you’re writing for. One way I like to frame this is to ask myself “who will amplify this post?” If I can’t answer this question then I won’t write the post. Normally, this question forces me to focus on a specific area of marketing or a specific role.

(h/t to Rand Fishkin for this one)

3. What makes it unique?

We’re surrounded by content nowadays and if you want to stand out, you need to craft content that’s unique.

What makes a piece of content unique can vary from post to post. Sometimes it can be timing that makes a post unique, for example, when we published our post on Twitter Polls it was launched shorty after Polls were publicly announced and was one of the first guides on how to use the feature.

Other ways to make your content unique include:

  • Sharing your unique perspective: One of the best ways to make a piece of content unique is to create something that only you can by adding in your own perspective and point of view. As Jory McKay explains on the Crew blog: “Everything has been said before, but it’s never been said by you.”
  • Going deeper on a topic that anyone else: There might be a ton of posts out there about Facebook Ads, for example, but you can create a unique post on this subject by going more in-depth than anyone else has.

Over to you

I believe we can create more value if we pay closer attention to depth than breadth. It’s not so much how many people click on our content, it’s how many people pay attention to our content. It’s how many people we can make an impression on and connect with that really matters.

Measuring the success of blog content is an interesting topic and I’d love to hear your thoughts on the subject.

Do you feel we put too much focus on the metrics like page views and sessions? How do you measure the quality and value provided by a blog post? I’d love to hear your thoughts in the comments below.

28 Jun 16:50

6 Logical Fallacies That Can Ruin Your Growth

by Alex Birkett

When you first start doing conversion optimization, you think that the biggest hurdles are technical things: running a test the right way, collecting data correctly, QA’ing tests.

These things are all important, of course. But the solutions are fairly straightforward, and when you reach a certain level of experience and skill, they tend to be a given.

No, the biggest obstacle to a testing program – even a mature program – tends to be human error and cognitive bias.

No matter how data-driven you try to be, decisions are still always people-driven.

We’ve talked about cognitive biases that help you convert visitors, but what about the logical fallacies that prevent your program from operating at peak efficiency?

What’s a Logical Fallacy?

A logical fallacy is an “incorrect argument in logic and rhetoric which undermines an argument’s logical validity or more generally an argument’s logical soundness.”

Image Source

Image Source

Whether in the boardroom or your own mind, they can inhibit you from making clear and accurate decisions.

Our friends at Amplitude wrote a great post a while ago that outline fallacies that ruin your analytics, and it got me thinking about all the ways fallacies can diminish growth in general. This article will outline some of the most potent and dangerous logical fallacies we see time and time again. Learn them and mitigate their effects.

Note: this list only a touches on a few of the common ones. You can find many more here.

1. Hasty Generalization

A Hasty Generalization is an informal fallacy where you base decisions on insufficient evidence. Basically, you make a hasty conclusion without considering all variables – usually this is based on a small sample size and impatience.

Wikipedia gives the following example: “if a person travels through a town for the first time and sees 10 people, all of them children, they may erroneously conclude that there are no adult residents in the town.”keep-calm-test-on

If you’ve read a blog post on A/B testing before, this already sounds familiar: don’t stop tests early. It’s sin #1 in A/B testing.T

This is where you may implement a test, and in some crazy circumstance, the results are incredibly lopsided. It seems obvious that variation B is getting its butt kicked. But if you “keep calm and test on,” you’ll notice that the trends even out and Variation B may even end up winning.

 

You may have heard this as the Law of Small Numbers, where one generalizes from a small number of data points.

This is obviously dangerous when it comes to A/B testing, but it can also sway other decisions in optimization. For example, in pursuit of qualitative research, you may collect 1000 answers from an on-site survey.

It takes a long time to read through all the answers, though, and 12 out of the first 18 said something about shipping concerns. With this limited sample, you’re likely to prioritize shipping as a problem area, even though the rest of the responses may well render this a minor issue – worthy of consideration, but not prioritization.

Image Source

Image Source

Bottom line: realize small datasets can be deceiving. Extreme trends at the beginning tend to balance themselves out over time, so be patient and run your tests correctly. As Peep once said, “You can’t test faster just because you/your boss/VCs want to move faster – that’s not how math works.”

Related fallacy: Slothful induction. That’s when you never deliver the rightful conclusion to a dataset, no matter how strong the data/trend. If you run a test well, and you have a winner, take the win and move on.

2. Appeal to Authority

“Fools admire everything in an author of reputation.”
― Voltaire, Candide

An Appeal to Authority is when, in the face of conflicting evidence, one summons the opinion of an ‘expert’ to solidify their argument.

According to Carl Sagan, “One of the great commandments of science is, ‘Mistrust arguments from authority.’…Too many such arguments have proved too painfully wrong. Authorities must prove their contentions like everybody else.”

So basically, when you’re prioritizing hypotheses and your best case argument is that “Neil Patel said testing fonts matters most,” you might want to look into a new career path.

I’m joking, of course, but there are a few very real problems with putting too much faith in gurus:

  • Your website is contextual. The experiences of one expert may conflict with another, and you may derive zero value from any of their tactics.
  • It’s easy for people to “play a doctor online.” By that I mean give someone a copy of You Should Test That!, an internet connection, WordPress, and through some magic alchemy, the world might welcome a new conversion rate optimization blogger. There’s lots of good info out there, but just be careful where you get your advice.
  • Being swayed by authority implicitly limits the scope of your testing program by inhibiting ‘discovery.’ For a good read on how authority can limit efficiency, read this article on Quantam Team Management.

Image Source

Image Source

Another common iteration where you’ll see this logical fallacy is when someone brings up a large company as a golden example.

In the conversion optimization world, you’ll often hear Amazon, Airbnb, or Facebook invoked as someone to copy “because obviously they’ve tested it.” However, this appeal to authority is really used in every realm. Take this example from a Wordstream post:

Image Source

Image Source

As the author put it, “Just because eBay is a big company with a big marketing budget doesn’t mean that whoever’s in charge of their PPC knows what they’re doing. Big companies – whole empires even! – fail all the time. The history of the world is a catalog of failures. Authority doesn’t equal competence.”

Bottom line: don’t rule out experts – they have experience and therefore their heuristics tend to be more reliable. But when prioritizing tests or making decisions, an appeal to authority by itself is not a valid argument. It limits the scope of your thinking and sways the conversation to the status quo.

Which leads in nicely to the next fallacy…

3. Appeal to Tradition

The Appeal to Tradition, also known as “argumentum ad antiquitam,” is a fallacy where an idea is assumed to be correct because it is correlated with some past or present tradition. It essentially says, “this is right because we’ve always done it this way.

Appeal to Tradition has resulted in some really backwards and embarrassing ideas throughout history. (Image Source)

Appeal to Tradition has resulted in some really backwards and embarrassing ideas and actions throughout history. (Image Source)

Changingminds.org puts it in a rather scary way, saying Appeal to Tradition is “where people do it without thinking and defend it simply because it now is a part of the woodwork. Familiarity breeds both ignorance of the true value of something and a reluctance to give up the ‘tried and true’.”

No doubt you’ve experienced this argument in your life, and if you haven’t experienced this at work: you’re lucky. Many company cultures are mired in allegiance to tradition and are hesitant to try new things – which is the antithesis of a culture of experimentation.

As Logically Fallacious put it, “If it weren’t for the creativity of our ancestors, we would have no traditions. Be creative and start your own traditions that somehow make the world a better place.”

I like it. Let’s create a tradition of experimentation.

Bottom line: while it may be true that your company has a tradition of success, it’s not due to the tradition itself. Therefore, “because it’s always been done this way,” isn’t a valid argument (in itself) for continuing to do it that way. Build a culture of experimentation and value discovery instead of tradition.

Related fallacy: Appeal to Novelty. This is the opposite, where things are deemed to be improved simply on the basis that they are new. In optimization, this often comes in the form of spaghetti testing, or testing random things just to introduce novelty. Again, novelty isn’t bad, but it can’t form the basis of judgement on its own.

4. Post hoc ergo propter hoc

Post hoc ergo propter hoc, or “after this, therefore, because of this,” is a post hoc fallacy that establishes causation where there is only correlation.

If you’ve ever read ’Candide’ by Voltaire, you’ll remember the eminent professor Pangloss – the philosopher who believed that everything was as good as it could be because “all is for the best” in the “best of all possible worlds.”

A quote from the book describes this post hoc fallacy perfectly:

“It is demonstrable that things cannot be otherwise than as they are; for as all things have been created for some end, they must necessarily be created for the best end. Observe, for instance, the nose is formed for spectacles, therefore we wear spectacles.”

As does this scene from The West Wing:

Just because one action precedes another does not mean there is a causal link.

Correlative metrics are a great starting point for finding optimization opportunities, but they need to be investigated. For instance, if you find visitors who watched a 30 second video convert better than those who don’t, it may be that the video helped assist the conversion – but it may be something else entirely.

So you run controlled experiments – A/B/n tests – to make causal inferences.

As Ben Yoskovitz, co-author of Lean Analytics, wrote:

benBen Yoskovitz:

“You prove causality by finding a correlation, then running experiments where you control the other variables and measure the difference. It’s hard to do, but causality is really an analytics superpower–it gives you the power to hack the future.”

That’s why, while cohorts and longitudinal analysis can certainly give us some insight on the trends of our company, we don’t rely on them as an indicator of causation. If you implement a new value proposition on May 1st, and on June 1st you notice that conversions have dropped 15%, you can’t assume the value proposition caused that.

I saw Steven Levitt, co-author of Freakonomics, speak this year, and he told a story that perfectly illustrated this delusion in a corporate context.

He was brought on as a consultant to analyze the effectiveness of the client’s advertising campaigns. They had been running newspaper ads in every geolocation right before major holidays – say Father’s day – and experiencing great success doing so.

Their conclusion, of course, was that the advertising caused the revenue spikes. As if by magic, after the ads went live, sales would spike. Post hoc ergo propter hoc.

Thing is, they never used a control.

Levitt proposed setting up a controlled experiment, complete with a randomized sample, where they advertised in some locations and didn’t in others.

The findings? The advertising simply made no difference at all.

Image Source

Image Source

Bottom line: correlation doesn’t imply causation. Just because visitors who do X convert Y times better, doesn’t mean X causes this. Just because you implement a change and see a result after time, doesn’t mean that change caused the result. The only cure for this is to run controlled experiments (and even then be wary, especially if you’re a highly seasonal business).

5. False Dilemma

A False Dilemma, maybe better known as a False Dichotomy, is “a situation in which only limited alternatives are considered, when in fact there is at least one additional option.”

You tend to see this, at least in rhetoric, as a political device. To prod you to their side, shifty leaders, writers, and orators will create a false dichotomy where the logic goes, “if you’re not on this side, you’re on that side.” “That side” tends to be pretty unsavory, so you’re forced into a position you don’t fully agree with.

Image Source

Image Source

In testing parlance, we battle with Congruence Bias, a related form of False Dilemma defined as an “overreliance on directly testing a given hypothesis as well as neglecting indirect testing.”

Andrew Anderson, Head of Optimization at Recovery Brands, wrote about Congruence Bias on our blog a while ago:

Andrew Anderson Andrew Anderson:

“[Congruence bias is when] you create a false choice such as one banner versus another or one headline versus another, and then test to see which is better. In reality, there are hundreds of different ways that you can go but we become blinded by our myopic view of an answer. You create a false choice of what is there versus what you want to see happen.

[If you] get an answer, it just won’t mean much. Just because the new headline you wanted to try is better, it doesn’t mean that it was good choice. It also means that you can’t apply too much meaning in limited comparisons because you are in reality just validating a flawed hypothesis. It is the job of the researcher or tester to compare all valid alternative hypotheses, yet we get stuck on the things we want to see win and as such we get trapped in this bias on an almost hourly basis.”

Iterative testing is the name of the game. Just because you’ve drawn up an A/B test with a single variation, and it failed, doesn’t mean the hypothesis is misplaced. In reality, there are infinite ways to execute the strategy.

Don’t let this test be the limit of your experimentation program (Image Source)

Don’t let this test be the limit of your experimentation program. (Image Source)

For example, you conduct a solid amount of conversion research and come up with a prioritized list of hypotheses. These aren’t silly things like “test button color.” You’ve done your homework and established areas of opportunity, now it’s time to conduct some experiments.

First on your list, due to extensive survey responses, user tests, and heuristic analysis, is beefing up your security signals on your checkout page. Users just don’t seem to feel safe putting in their credit card information.

So you test security logo vs. no security logo. The result? No difference.

The hypothesis may have been wrong, but the real question you should ask yourself is this: how many different ways are there to improve the perception of security on a page? How many different ways could we design a treatment addressing security concerns?

The answer: infinite.

Bottom line: don’t limit the scope of your testing program by creating false dichotomies. While gamification is fun, sites like WTW that pit A vs B against each other without showing the scope of ideas on the table or previous iterations tend emphasize dichotomies in testing.

To defeat congruence bias (and eliminate false dichotomies) Andrew Anderson advises the following: “Always make sure that you avoid only testing what you think will win and also ensure that you are designing tests around what is feasible, not just the most popular opinion about how to solve the current problem.”

6. The Narrative Fallacy

The Narrative Fallacy is essentially when one, after the fact, attempts to ascribe causality to disparate data points in order to weave a cohesive narrative. It is the same as the Fallacy of a Single Cause in its simplistic attempt to answer the sometimes impossible question of “why.”

The Narrative Fallacy, named and popularized by Nassim Taleb, is everywhere. Once you start reading about it, you’ll start to become annoyed at how often you notice it in daily life.

For instance, you can’t read a Malcolm Gladwell book anymore without seeing the simplistic cause/effect narratives, such as this one on the connection between Asians and their superior math abilities:

“Rice farming lays out a cultural pattern that works beautifully when it comes to math…Rice farming is the most labor-intensive form of agriculture known to man. It is also the most cognitively demanding form of agriculture…There is a direct correlation between effort and reward. You get exactly out of your rice paddy what you put into it.”

The logic: Rice farming → superior math skills because (narrative fallacy).

Andrew Anderson wrote an epic article for the ConversionXL blog on how Narrative Fallacy, and other post-hoc evaluations, can wreak havoc on a testing program. He explained an exercise he used to do while consulting testing organizations:

Andrew Anderson:

“One of the first things I had new consultants do was to take any test that they have not seen the results for, and to explain to me why every version in that test was the best option and why it would clearly win.

Every time we started this game the consultant would say it was impossible and complain how hard it would be, but by the time we were on our 4th or 5th test they would start to see how incredibly easy it was to come up with these explanations:

  • “This version helps resonate with people because it improve the value proposition and because it removes clutter.”
  • “This version helps add more to the buyers path by reinforcing all the key selling points prior to them being forced to take an action.”
  • “This versions use of colors helps drive more product awareness and adds to the brand.”

Keep in mind they have not seen the results and had no real reason what works or what doesn’t, these stories were just narratives they were creating for the sake of creating narratives…

…I used this exercise to help people see just how often and how easy it was for people to create a story. In reality the data in no way supported any story because it couldn’t. One of the greatest mistakes that people make is confusing the “why” that they generate in their head with the actual experience that they test.

You can arrive at an experience in any number of ways and story you tell yourself is just the mental model you used to create it. The experience is independent of that model yet people constantly are unable to dissociate them.”

Bottom line: stop trying to assign a why to your data. If you tested a new value proposition and it won, it could be for many reasons, including the one you tell yourself. But if you assume that it’s because “red is associated with urgency and our visitors need to have urgency to purchase,” then that narrative will affect (and limit) the future of your testing program.

Conclusion

The most impactful limitations of a testing program have nothing to do with data – they center around human behavior and the reality of opaque decision making. At the heart of this problem is the reliance on numerous logical fallacies and cognitive biases that most of us are hardly aware of.

This article outlined 6 common ones we see in optimization, but there are more (cherry picking, survivor bias, and the ludic fallacy to name a few).

If you do optimization – and especially if you’re in a management or team lead role – I think studying these and learning to mitigate them can improve the effectiveness of your testing program.

What has your experience been with logical fallacies? Have you seen any of the above in action? How did you deal with them?

28 Jun 16:50

A New Way for Entrepreneurs to Think About IT

by Thomas H. Davenport
jun16-28-608877613

Entrepreneurs have historically taken one of two approaches to IT. Most think of IT as a “necessary evil.” For this group, IT is for back office support for their business ideas. They typically hire third parties to help them with IT and never make it part of their core business. A second set of entrepreneurs focus on information goods and think of IT as the product. These entrepreneurs typically have an engineering background, and schools that support this approach have strong engineering departments. Given their capabilities, these entrepreneurs take a “do-it-yourself” approach and develop software to support organizational needs.

But today there is a third approach, one that will become the dominant path for most entrepreneurs, especially those building information products. This third way thinks of IT as essential for interacting with all of a new venture’s stakeholders. Importantly, though, entrepreneurs with this perspective are happy to use existing IT building blocks to create those interfaces. Theirs is a “bricolage” approach to digital.

Bricolage, a French word by origin, means the construction of things from a set of available items. The bricoleur is a French term for the person who employs such construction methods—in short, a handyman or jack-of-all-trades. Entrepreneurs today who practice digital bricolage can construct amazing companies and organizations from existing pieces, many of which offer capabilities once available only to large businesses.

Insight Center

Over the last 15 years, Internet giants have built platforms or utilities on top of the Internet that make innovation easier and faster. For instance, Amazon has created a cloud services business that enables established firms and startups alike to rent IT infrastructures and processes from Amazon. Amazon Web Services (AWS) has built a robust infrastructure that can handle heavy demand and has the spare capacity to let others use it. Microsoft, IBM, and Google offer similar services. Companies can also rent their business applications (for accounting and finance, human resource management, marketing and sales, collaboration, project management, and so forth) on-demand from companies like Microsoft, Salesforce.com, Workday, Hubspot, Yammer, Dropbox, Basecamp and others.

Another way to pursue digital bricolage is to share data and applications across organizations. This has been made possible with the arrival of application program interfaces or APIs. APIs are a technology that allows firms to interact and share information with other firms at an unprecedented scale. If your website needs mapping capabilities, you can get them through APIs from Google or Mapquest. If you need weather data for your site or your business, you can turn to Accuweather, Weather Channel, or Weather Underground. Need travel information or services? You can get them through APIs from the likes of TripAdvisor, Expedia, or Amadeus.

Some providers of IT capabilities have even created APIs for the core of their offerings. For example, when IBM unleashed the cognitive technology Watson, it did not try to create all the applications if the technology itself. Instead, IBM opened the APIs to Watson (there are now about 35 of them, with more being created all the time) and allowed third parties to use them for cognitive service applications. These APIs were picked up by Memorial Sloan Kettering Cancer Center and other hospitals, for example, and developed into a highly useful oncology treatment application that doctors can use with patient encounters.

With APIs, data integration investments need not depend on relationships. For example, Expedia’s publicly described APIs (Expedia Affiliate Network) enable data integration across numerous partners that include almost all competing airline companies, thousands of hotels, resorts, rental car companies, and payment service providers. Expedia’s APIs need not have any limit on the number of partners signing up. In fact, Expedia benefits when more partners sign up, with little if any increase in costs and complexity. More partners eventually yield more visits to the Expedia site and more bookings.

The trick for entrepreneurs and digital innovators, then, is to use a bricolage strategy to obtain modern digital infrastructure and tools to transform existing businesses or conceive and build new ones.

These digital innovators use the modern-day infrastructure as Lego-like building blocks to build novel and interesting new products and services. Take a company like Airbnb. It has identified that there is variability in supply and demand for lodging services and created a platform for accommodation seekers and accommodation providers to find one another. Airbnb uses the smart phone and its location information to get customer information, uses existing payment platforms, and AWS for its infrastructure needs. The magic building blocks that Airbnb adds are tools for matching, spot pricing, and analyzing the data it collects on all participants in its ecosystem. By empowering renters and seekers with relevant data conveniently delivered through the smartphone, Airbnb is disrupting the entire travel industry. But it is not stopping there, partnering with third parties like American Express, Nest, Tesla and KLM Airlines to provide their customers with more value added services. Other fast-rising digital companies like Uber have employed similar approaches.

What does the availability of re-usable infrastructure do for digital innovators? It has several key benefits:

Speeds time-to-market. APIs and platforms reduces the time-to-market for products and services.

Provides a low-cost, real-time network to test ideas. Entrepreneurs with an idea can describe an idea and get people in their target market to vote on them using platforms like Facebook and Twitter. A/B testing allows for rapid comparison of alternative features and functions. Crowdfunding sites are another avenue to test product ideas. As a result of these mechanisms, entrepreneurs are faced with lower experimentation costs. And given the low cost for infrastructure, entrepreneurs of digital products or services can launch their companies very quickly and test to see if there is truly a market for an idea.

Provides access to experts or mentorship. Today, it is possible to get many of our questions answered using social media-enabled networks. The trick is to follow influential people and make connections with them. In addition, if you ask and respond to queries in LinkedIn and Quora forums, people take notice and reciprocate by answering your questions. In addition, entrepreneurs have blogs and resources that are tailored to them, like Onstartups.com.

Eases partner identification and access. In earlier times, companies had to get their legal department involved and sign contracts before experimenting with a partnership.  Today it is possible for companies to build complex ecosystems by making their data and services available to third parties and tracking usage. If they find that there is high usage, they can then negotiate terms and agreements. This is often referred to as “ubiquity first and revenues later” strategy.

Bricolage of IT capabilities and related services means that digital entrepreneurship is easier than ever before. Entrepreneurs need only to be aware of existing external resources, and to make smart decisions about which ones to build themselves and which to obtain in the external market. They need a good business idea, but they can quickly test and refine it using available tools. This network of resources will only continue to expand, and will continue to transform the process of business formation and scale-up.

28 Jun 16:46

Re-engaging With Your Inactive Email Subscribers

by Rupert Adam

Re-engaging with your inactive email subscribers

Re-engagement is an essential pillar of an email marketing strategy. Most email marketers are still treating all customers the same and brushing over their engagement statistic, which is a big mistake and missed opportunity.

Believe it or not, you will have a lot of inactive email subscribers. On average, more than 50% of subscribers are likely to have not opened your emails in the last six months. When you start looking into your email marketing statistics and analysing your open and click through rates it will present a clear case for a re-engagement email campaign to improve return on investment.

Understand why they’re not engaged

There must be a good reason why these customers subscribed to your email list in the first place. Some of them may not have the need for your products and services at the moment, but the chances are the majority still have some relevance to you.

It’s a good idea to cross reference your email marketing statistics with other data to understand the level of engagement each customer has with your business. Take a look at their purchase history, it may be that they are purchasing but just not opening your emails, which will help you with your reactivation email message.

Are your emails grabbing their attention?

Customers can simply fall out of habit. Maybe sub-consciously they’ve switch off from your emails, which means you’ll need to think about tweaking various elements to your campaigns. For example, making a simple change to the ‘from name’ and optimising your subject line may be all you need to re-awaken some customers and increase open rates.

Are your emails relevant?

Another popular tactic for re-engaging with subscribers and understanding their behaviour is to ask the question, giving you valuable insight into areas such as relevancy, value and frequency of your email campaigns. Maybe they see your emails as a batch blast, in which case you need to start thinking about segmentation, personalisation and dynamic content.

Reactive your email subscribers quickly

Reactivation is a really simple tactic that you can get up and running in less than a day.

28 Jun 16:46

First helium-finding mission leads to huge discovery in Tanzania that may stave off global shortage

by John-Michael Schneider, Special to National Post

Scientists have found a huge helium gas deposit in Tanzania, and the discovery could help alleviate worries about a global helium shortage in recent years.

Helium — a colourless, odourless gas — is used to keep balloons afloat, but is also crucial for medical and scientific research. It is the only element capable of reliably cooling the superconducting magnets in MRI machines, and is used as a shielding gas in steel welding.

A team of researchers from Oxford and Durham universities, and helium exploration company Helium One, located a large gas field by using new exploration methods. Helium is usually discovered accidentally while drilling for oil and natural gas, but the new intentional discovery in Tanzania’s East African Rift Valley is the first of its kind. Durham University PhD candidate Diveena Danabalan presented the group’s discovery at the Goldschmidt geochemistry conference in Yokohama, Japan.

“By combining our understanding of helium geochemistry with seismic images of gas trapping structures, independent experts have calculated a probable resource of 54 billion cubic feet in just one part of the rift valley,” co-author Chris Ballentine said in a press release.

The helium was discovered by borrowing the techniques used in natural gas exploration to understand how helium accumulates underground. The researchers found that volcanic activity produces enough heat to drive the gas out of ancient rocks, and up into shallow gas fields.

Ballentine explained that global helium consumption is about 8 billion cubic feet per year, and that the world’s largest supplier, the U.S. Federal Helium Reserve, has a current reserve of just 24 billion cubic feet.

“This is a game changer for the future security of society’s helium needs, and similar finds in the future may not be far away,” he added.

The U.S. government started stockpiling helium during the 1920s, and by 1990 had accumulated roughly 35 billion cubic feet. But in 1996, congress passed the Helium Privatization Act, and started selling off strategic reserves at artificially low prices in order to pay off debts.

According to the U.S. federal Bureau of Land Management, helium prices have tripled over the past decade, and the reserve is expected to be depleted by 2020.

Oxford University / Twitter
Oxford University / TwitterThe newly discovered cache of Helium in Tanzania

Now that the supply of helium is dwindling, prices are increasing to reflect the actual value of the rare element. While helium is abundant in the universe, most of it is born out of radioactive decay and is trapped in stars. On Earth, helium makes up less than a thousandth of one per cent of the atmosphere.

In response to the shrinking supply, the British Medical Association launched a campaign in 2015 to ban helium in party balloons, calling it a “frivolous use” of an invaluable, irreplaceable gas.”

At current rates of consumption, the recent discovery in Tanzania will only supply the world for about 7 years, but according to Pete Barry at the University of Oxford’s Department of Earth Sciences, the methods used by the team could lead explorers to other helium gas fields.

“We can apply this same strategy to other parts of the world with a similar geological history to find new helium resources,” he said.

“We have linked the importance of volcanic activity for helium release with the presence of potential trapping structures…this is badly needed given the current demand for helium.”

28 Jun 16:45

TomaGold: Template for Golden Success

by Resources Wire | Jay Currie

In a still depressed junior gold explorer sector there are lots of “deals” to be had. But David Grondin, CEO of TomaGold (V.LOT), took his time.

“For a long time mining was stuck.” said Grondin, “There was a lot of magic thinking. We looked at over 100 projects. We built a template.”

Grondin realized that the North American capital markets were unreceptive to gold stories, even stories as solid as TomaGold’s deal with IAMGOLD to develop its Monster Lake property in the Abitibi. Rather than sitting on his hands, Grondin went to Hong Kong and to Singapore in April of this year. “That’s where the huge money is being managed.” said Grondin.

The trip was successful. One upshot of the trip to Hong Kong was that Grondin met with analysts at Gecko Research who subsequently put out a very favourable report on the company. The report itself is well worth reading in full but one key point is that the TomaGold template which tries to ally with larger, more established, gold producers is a strategic plus because it minimizes risk. “Many companies do JV deals with a fellow junior company and that immediately enhances the risk, something that is now eliminated. That’s a huge advantage and an important detail to consider when making investment decisions.”

The second element of success in the Asian trip was reflected in the trading volumes of TomaGold shares in April. “There was lots of volume in April. Buying coming in from Hong Kong and Singapore.” The share price itself moved smartly upward from around $.05 to $.09-.10 as buyers began to take a closer look at TomaGold.

May 31, 2016 TomaGold moved to acquire the historic Obalski property in Quebec. In the press release announcing this acquisition and a simultaneous private placement at $.09, Grondin stated, “The acquisition of the Obalski property is fully in line with our strategy of developing promising gold properties in the Chibougamau mining camp. Interestingly, we see the same scenario here as at Monster Lake when we acquired it. There has been a fair amount of drilling on the Obalski property, but most of it was shallow drilling. Based on a preliminary review of the data collected, we believe that the property has excellent potential for a discovery at depth. We also believe that with today’s exploration technologies, we will be able to better target future exploration work.”

In our conversation Grondin said “We purchased an old mine and the paper records of 60,000 meters of drilling. It has never been put into digital form and it has not been brought up to modern standards. There are 20,000 perfectly preserved samples. It is a vein system and there is visible gold in the samples. The core is in storage and, with modern methods, we might see results which are up to 150% on the plus side. Obalski could surprise people.”

Grondin was not quite finished in his drive to find gold properties with real, if hidden, value. June 23, TomaGold announced that it was acquiring Planet Exploration’s 39.5% stake in the Sidace Lake gold property, located 25 km northeast of Balmertown in the Red Lake mining camp, Ontario. The rest of the project is held by Goldcorp under the terms of a joint venture agreement.

“It is always exciting to acquire an asset which is in joint venture with a company like Goldcorp.” said Grondin.

In the press release announcing the acquisition Grondin stated, “The property has NI 43-101 indicated and inferred resources of over 360,000 ounces of gold, which could be increased by additional exploration work. Other strong qualities include four additional promising exploration targets and the current resource remains open along strike and at depth.”

“This was a big transaction for us.” said Grondin. “It was an all share deal. Goldcorp had to approve the deal. It is early days but Goldcorp seems to be highly collaborative.”

The exact logistics of the work to be done on the property are still being worked out but TomaGold has undertaken to update a 2009 43-101 which was done on the property. “The Resources estimate was done with an $800 an ounce gold price assumption. The figures will change with the new gold price.”

All in, TomaGold has devised and executed a strategy which has given it interests in three projects, two with majors. It has found potential Asian financing and shored up its share price in a gradually firming market for gold explorers. Perhaps most importantly, Grondin has an analytical template which is straightforward to explain to investors and which can identify hidden value in gold exploration projects. With that template TomaGold can keep looking for undervalued gold projects for its portfolio.

The market seem to like what it sees. TomaGold at time of writing was trading at $.13 with 106.million shares outstanding for a market cap of $13.78 million.

28 Jun 16:44

Straight from the Horse’s Mouth – Content Buyers Want

by Erika Goldwater

Marketers in B2B create a lot of content. We write, we design, we create videos, and post content all day long, but what content really matters to our buyers? Before you jump in and write another ebook, learn what content your buyers need and want. Think about where there may be a gap in your current content strategy. Does your content fill a void? Are you helping buyers solve challenges or are you contributing to the “content noise” that has become deafening these days?

Horses Mouth

It’s not easy to make your content stand out. However, it’s not as hard as it may seem. The trick is to build content that buyers want and need. So how to do that? Simple. Ask them what they want. Ask them what pains them or what their challenges are. And get creative in how you ask them. Create a short survey to assess their challenges, post a quiz on LinkedIn, call them or schedule a brief in-person meeting while at an event to get their answers. Most people are happy to share their thoughts on something as long as you are not trying to sell them anything. Word to the wise…do not even mention selling, or your solution while conducting a survey or you will lose credibility, as well as any potential customer down the line.

ANNUITAS, like many organizations, wanted to learn more about our buyers. We wanted to obtain a better understanding of what drives Enterprise B2B Marketers focused on demand generation across a variety of topics including marketing technology, organizational design, content marketing, buyer personas, lead nurturing, measurement and a few more. Most of the research and studies we found skewed towards SMBs and startups and although that data was helpful, it wasn’t our audience. So, we created our own study, asked the questions we thought were most pressing, gathered the answers and analyzed the data.

The results are well worth the effort. We use the data we gather to better engage our buyers, to create content that helps them solve their unique pain points. In addition, the data has been helpful to other marketers in terms of benchmarking their own performance and in understanding how other enterprise marketing organizations run their demand generation.Here’s what we found from the 2015 study:

  • 5% report their content aligns to buyer pain points
  • Only 7.3% rate their marketing personnel as highly effective
  • 4% report quality of leads as primary measure of success
  • Only 10% report being very effective at achieving demand generation goals
  • 65% report effectively using marketing automation for pipeline contribution
  • Only 45% of respondents use buyer personas when planning demand generation programs

If you’re interested in building your own survey, keep in mind that it takes some effort. Use the information you already have on your buyers to develop questions that will provide greater insight. Keep open-ended questions to a minimum. Consider keeping surveys anonymous to encourage greater responses (not everyone is comfortable sharing their demand generation challenges). Ask the questions you need, but be wary of survey fatigue (too many questions can mean form abandonment). For more survey-building tips, read the post from MarketingTechBlog as it covers all the bases and then some.

At the end of the day, the more we understand our buyers, the better we can engage them and help them. If our content and engagement result in a sale, even better. Find out what your buyers want and need to know by asking them. Get the answers straight from the horse’s mouth—just ask them.

28 Jun 16:44

The Best Networking Tips from Top Industry Influencers

by Austin Duck

We live in an age where success in business is synonymous with being a successful networker. Whether online or in-person, for prospecting, new development deals, or career moves, we must—for better or worse—rely on connections to get a foot in the door or a receptive ear.

But that’s not necessarily a bad thing. Yes, it makes “breaking in”—whether into an industry, a company, or a new client—more difficult at the beginning of our careers, it also means that every time we’re successful, we’ve primed ourselves to be successful again (and to have an easier time doing it) in the future.

But how do we do it? How do we take maximal advantage of the time we spend on LinkedIn and Twitter, of the late nights we devote to networking events, meetups, and the like? We could, of course, go on gut, blundering our way through and learning from our mistakes. And yes, that is a part of finding your “personal” style of networking.

But to get to the bones of it—and make sure we’re setting up good habits from the get-go—we can also look to the experts. The people dominating sales and marketing. The people every social marketer tries to connect with, every BDR tries to sell. Those people who have already been massively successful in their networking endeavors.

We interviewed some of the top influencers in sales and marketing, and this is how they suggest you network.

Tips from Top Influencers on Absolutely Crushing It at Networking

Chart a Course from Social Interaction to In-Person Meeting.

“Personally, I use social to get visible, valuable, and connected to my potential buyers to start the networking process. I leverage hashtags from Twitter conferences [to get] insight into the people [I want to connect with in person]. Then, through conferences, [I] connect the social networking I’ve done to the person [I want to meet]. Leveraging the 2 together is a powerful thing. It’s the proactive-then-reactive way to network in the digital age.”

Jack Kosakowski, Global Head of B2B Social Sales at Creation Agency

Being Helpful Builds a Better Network.

“I’ve never really gone out of my way to network. I never saw it as networking. I don’t troll around events. I’m naturally shy. All I’ve ever done was authentically and honestly try to help. I try to help mainly in two big ways that drive my ability to grow my network both deep AND wide.

The two strategies I live by are: 1) share everything I know and 2) be a facilitator.

By doing each, I’m constantly in a state of meeting people. People come to me for help with sales, with business, when looking for a job, etc., because they know I’ll help. That I’ll share everything I know and connect them with whoever I think will be a good fit. And as my network grows, I get better and better at this. Successfully and politely informing and/or facilitating hires, funding, customers, partnerships, etc. bring people to me, building my network authentically.

If you’re just trying to be well networked, you’ll likely have a shallow network that won’t do much for you and spend a lot of time doing it. Just be helpful. You’ll get a lot further.”

Max Altschuler, CEO of SalesHacker

Interest and Modesty Create Interest in You

“Influencers who are the best at networking start by setting aside their own egos. They know connecting requires a genuine interest in others’ work plus respect for their expertise.

I attend various industry conferences where experts come together. Some, like The Leadership Challenge®Forum, are high value for networking. People in this group tend to be open, accepting and humble. They attend with a desire to learn from each other. The breadth, depth and quality of my network always grows when I attend this event.

By contrast, at some annual conferences participants preen. Every conversation is a competition. People here work to (over) sell themselves and their products. I typically leave feeling drained, and the networking opportunities are fewer because making simple human-to-human connections is so challenging.

My advice for anyone who wants to network more effectively: Focus on being interested instead of focusing on being interesting. Your other-orientation will facilitate stronger and more sustainable connections.”

Deb Calvert, Top-50 Social Influencer and Founder of People First Productivity Solutions

Embrace the Inherent Unpredictability of the Universe

“Rule #1 [for networking] is to identify people you want to meet in advance and look for them at events. It’s the standard for meeting people from across the globe in a way that feels both natural and meaningful. Rule #2, however, is a bit different. In my mind, it’s important to encourage and seek serendipity. Go into a room, an event, a restaurant, expecting nothing. Meet new people, have interesting conversations, see where it goes. Networking at events is inherently an imperfect science. Might as well lean into that!”

Matt Heinz, Heinz Marketing Blog

There are, of course, thousands of ways to network and, like I mentioned earlier, everyone has their preferred style. But to truly get to the top of your networking game, it’s important to consider the successes of the successful. Through their examples, you can create a perfect networking approach that allows for maximum flexibility of both situation and personality.

Happy networking!

The post The Best Networking Tips from Top Industry Influencers appeared first on OpenView Labs.

28 Jun 16:44

Progressive Profiling is a Must

by Kayla Hrynrk

Somewhere in the content marketing world, there’s a prospect abandoning a form as you read these words. Is it…could it be…yours? There are two main reasons a prospect who is genuinely interested in a gated asset abandons a form:

  1. The form is too long.
  2. The form requests information they are not ready to give up.

progressive profilingHere’s a common scenario: Busy important business guy takes a quick break between finalizing presentations while talking on the phone and answering emails while sitting in a meeting. Bagel in one hand, keyboard in the other, he peruses Forbes to get caught up on important business happenings. A well-nested display ad for a free report catches his eye because it just so happens to cover a topic discussed in that earlier meeting. He clicks and is taken to an intimidatingly long form, long enough to require releasing his bagel. “What?! They want to know what my budget is?! I don’t even know who these people are!” Busy important business guy quickly returns to the Forbes website to engage with non-bagel-dropping content.

Serving people with questions they don’t have time to answer or aren’t ready to answer will result in lower conversions and a greater number of people providing false data (yes, I’m looking at you, jackiechan@kungfupanda.org). If you want to invite someone to interact with your business, you need to make it look as easy and feel as unobtrusive as possible – especially in the first few interactions.

Progressive profiling allows businesses to gradually acquire the information needed from prospects at a rate that aligns with the level of interest they demonstrate. The first form an inbound prospect completes might ask three to five general questions. When the prospect comes back for more, they have established a bit more familiarity with your company and will be more inclined to answer another set of more specific questions. This progression continues until the prospect acquires enough points to be routed over to sales based on pre-determined lead management rules.

Aside from increasing conversion rates and improving data integrity, progressive profiling offers the benefit of making it easier to collect a greater amount of data than what would be possible with a single form repeated for every interaction. Progressive profiling also improves your users’ experience and that is hugely important today. Once you have progressive profiling set up, you will need to decide which questions to ask and when to ask them.

Take a look at the following approach:

  1. Map out your buyers’ journey from early stage engaged prospect to converted opportunity. Identify key stages between these two endpoints that describe the steps your buyers are taking to move toward the finish line.
  2. Identify the critical pieces of information you need to collect in each stage, thinking in terms of your lead management goals from a technology and segmenting perspective. For example, email is typically an immediate requirement in order to store the prospect in lead capture tools, but what about role? If you’re planning to enroll the prospect in a nurture program based on their persona, role may have to be on that first form as well. Start with the most general questions in the first form (while keeping the number to a minimum) and then progress to more detailed qualifying questions. Before finishing, consider what a sales rep needs to know before any engaged prospect is routed to them and make sure all that data is captured prior to routing.
  3. Vet your list with the sales team, ensuring your vision aligns with the information that’s actually useful to them. Sales and marketing alignment is important here as both organizations need to be in sync for this to work.

Progressive profiling is an important component in a truly buyer-centric Demand Generation Strategy. Implementing progressive profiling is likely to not only increase your conversions, but improve user experience by building trust before the first conversation even takes place. Put yourself in your buyer’s shoes the next time you peruse your company’s website and determine if progressive profiling will support your demand generation goals. The more we know about our buyers the better, but make sure your buyer is willing to share that information with you first, before you ask.

Author: Kayla Hrynyk @KaylaHrynyk Consultant Strategy, ANNUITAS

The post Progressive Profiling is a Must appeared first on ANNUITAS.

28 Jun 16:43

10 Surprising Criteria Salespeople Look For When Choosing a New Company

by pcaputa@hubspot.com (Pete Caputa)

criteria-looking-for-new-job.jpg

If building a high-performing sales team is important to the success of your business, you might want to rethink what you're offering to your salespeople. I have a hunch that what you consider to be important is a lot less important to them than you might think. I’m also willing to bet that candidates for sales roles are evaluating your team and company on criteria you haven't even thought about.

A fat paycheck and awesome benefits are great, but they’re not the end-all, be-all for sales candidates today. Among other non-monetary factors, reps are looking for innovative companies that empower employees, provide them with opportunities to learn, and rally everyone behind a shared mission.

Why do salespeople choose one company over another? This question has been on my mind lately, so I decided to investigate.

To discover the answer to my question, I ran an informal survey. Thirty salespeople from different companies told me what criteria they used to choose their current position.

Given this was a completely open-ended question, the results were surprisingly consistent -- 10 common criteria emerged.

If you’re growing your sales team, you’d be wise to rate your company across these 10 categories to determine how attractive your company is to sales candidates. I’ve included quotes from the individuals I interviewed so you can hear why these features are important to them in their own words.

What Salespeople Look For When Choosing Where to Work 

1) Solid Compensation Package

It should be obvious that a competitive compensation package is the bare minimum required to assemble a great team. But to my surprise, only one of the 30 salespeople I surveyed explicitly mentioned anything related to money. Specifically, she said the “unlimited earning potential” of the role was a key factor in selecting her current position.

While I'm hesitant to say that compensation wasn't important to the other salespeople I interviewed, it certainly isn't what attracted them to their companies in the first place.

Takeaway for sales leadership? If you are trying to attract top sales talent, you certainly need to offer a solid package. But more importantly, you need to put thought into the other criteria sales candidates are using as well.

2) Meaningful Mission

While compensation was the least mentioned criteria in my survey sample, the importance of and belief in the company’s mission was the most common. It seems that salespeople -- like most people -- want to believe in what they're doing.

Moreover, reps want to feel like they are helping their clients achieve something. That is why the mission of the company they work for is critically important -- they want to know that their work is having a concrete impact on people’s lives.

“I took my job because I wanted to bring a product and service to market that challenges the status quo,” Dan Benavidez of EquityEats explained. “I want to be a part of the crowd-funding revolution and help restauranteurs fund their growth."

Geoffrey McLaughlin of Jebbit similarly embraced the mission of his employer as his own: "We help our clients to better educate prospects and capture more data about their site visitors. I get excited about the impact of this.”

Elena Saletsky, a relative newcomer to sales at influencer marketing technology vendor Grapevine put it this way: “When I made the decision to join Grapevine, the main thing that excited me was that I would be a part of a company that was cutting-edge in the marketing tech space and a big player in changing the landscape of traditional marketing and advertising tactics.”

Company missions are nothing new, but the importance salespeople place on them seems to be on the rise. According to a Bentley University PreparedU study, "88% of millennials said that it was a priority to work for companies that are socially responsible and ethical, making the world a better place."

To recruit top salespeople in the future, it'll be important to not just have a mission, but one that has a positive impact. As a member of Generation X, this feels refreshing to me. Mission wasn't something that I ever remember hearing about when I was looking for a job, but upon reflection, it's one of the reasons I joined HubSpot.

3) Consultative Selling Process

It's not just about having an important mission that can help people, however. Salespeople want to bring that mission to life in the right way too.

The reps I talked to didn’t want to just “push products” -- they wanted to play a more important role in their customer's lives. And to do that, they knew they would need to take a consultative approach to selling.

"The aspect of my role that most excited me was the ability to work consultatively with clients. I was excited for the opportunity to get to them on a personal level and help them find the perfect job,” said Joe Sitzwohl of CloserIQ, a platform that helps salespeople find jobs they love. (Meta, I know.)

HubSpot’s Matthew McHardy (with five years of selling under his belt) expressed a similar sentiment: "It’s easy to find a sales job at any ground-and-pound shop where effort equals results. What makes HubSpot different for me is the consultative approach that we live and breathe. I really enjoy getting a deeper understanding of a prospect’s goals and challenges."

We've written extensively about the forces changing the sales profession at this moment in time. Buyers now go to the web to educate themselves before ever speaking to salespeople. Consequently, forward-looking sales teams are spending less time cold calling, convincing, and coercing buyers and more time attracting, guiding, and partnering. To do this, they're hiring and developing consultative salespeople who can and will take the time to diagnose the customer’s problem and customize a solution.

The salespeople I surveyed find such an approach highly motivating. They seem to get satisfaction out of researching their buyer, asking questions, and actively listening,so they can truly understand and help. They realize that selling in a consultative manner is becoming critical for salespeople who want to stay relevant, as more and more transactional sales jobs are automated.

Do you run a pitch-and-close sales shop? It’s time to stop. Adopting a consultative, inbound sales approach will be critical to recruiting top salespeople as more and more companies and candidates embrace more modern way of selling.

Need help with this? Use HubSpot's free sales training to help your sales team learn consultative sales.

4) Opportunities for Growth

In my experience and based on many of the survey responses, the best salespeople want to be challenged. Not just for the sake of it, but because they know that challenges enable them to learn new skills, and new skills lay the groundwork for career growth.

The reps I talked with were eager to take their game to the next level. They want to work in an environment where they are challenged to continuously improve.

Shea Allard exemplifies this attitude. “I chose HubSpot because I knew it would be challenging and competitive,” he explained. “I was also looking for a company that I could grow with. I wanted an established team with a kickass culture I wouldn’t mind being around all day.”

Based on my small survey sample, candidates like Allard seem to flock to growing companies. If your company is resting on its laurels, and not proactively trying to grow top line revenues, it'll be hard to recruit competitive salespeople who want to grow their careers. Perhaps it's a chicken-and-egg thing: A company resting on its laurels will struggle to attract people who can drive growth, while a company hungry for growth will naturally attract a team of salespeople who are determined to drive it.

5) Transparent and Committed Leadership

More than a few salespeople in the survey mentioned the importance of a transparent culture, where leaders are approachable and company plans and progress are shared. They want to be kept in the loop.

A veteran salesperson with 20 years of experience, Shea Baker of Cross | Over said he was looking for "open communication, transparency within the organization and executive commitment to success and innovation."

"I love the kind people, the transparent and non-political culture, and the ability to contribute meaningfully to a thriving, well-run organization.” said Dominique Anderson of Wayfair, another 20-year sales veteran.

Salespeople also want to know that the company leadership is competent and committed. No one wants to work for a company that is poorly run. Michael Levar, a sales rep at R1 Software, accepted his position with the company after a significant change in corporate leadership.

“The tipping point was realizing the new leadership was far better than the old leadership, and senior management was committed to the success of the business line,” Levar said.

6) Empowerment at All Levels

Transparency is a necessary first step to employee empowerment. Without transparency, it's difficult for salespeople to know what problems to solve or how to solve them. But the salespeople I surveyed are also looking for companies that encourage team collaboration and the opportunity to contribute ideas and solutions.

Salespeople don’t want to be cogs in a giant machine. They want to be empowered to act, innovate, and improve the company. David Deckard of Continuum Managed Resources has 20 years experience in sales. Here’s how he explained his choice to accept his current position: “I joined Continuum because it is a growing company in a field that is always expanding. The culture of Continuum is one of collaboration, growth, and opportunity that fit my internal need for a sense of achievement and contribution.”

People like David are looking for more than just a paycheck. They want to be able to make a contribution. Top-down organizations that don’t enable employees to tackle larger business problems alongside executive leadership will have trouble attracting top-performing salespeople.

7) Two-Way Feedback Loop

Another dimension of employee empowerment is the ability to give feedback. Because of their unique vantage point within a company, salespeople have valuable insights and ideas on how to improve processes and products. Several survey respondents said they wanted to work for a company where their voice would be heard.

“What excited me the most was that I could have a voice from day one. Many organizations are poor on receiving employee feedback. Not Equity Eats," Benavidez said. "I’ve been able to improve internal as well as external processes, and provide feedback that helps us grow in new ways.”

A true commitment to soliciting and listening to employee feedback is more than a poster on the wall, however. Salespeople are good at distinguishing between companies that pay lip service to feedback and ones that truly value it.

Josh Gillespie, 10-year sales veteran currently at PandaDoc, agrees.

“I enjoy sales and building up revenues from scratch, but the main value-add for me was having an impact on the product,” Gillespie said. “I’m not a developer, but I’ve had a chance to help shape our roadmap based on the feedback I've gathered from key accounts, and by reporting back what buyers want. I get to work hand-in-hand with my CTO and CEO, and this experience is invaluable as my expertise has grown beyond sales into product development and project management.”

8) High-Quality Products

Salespeople know that the old saying "A good salesperson can sell anything" is a load of crap. And with that in mind, they aren't going to sign up to sell crappy products.

A few salespeople in the survey indicated that they specifically sought an employer based on the prestige and quality of its products. “The company I work for is a Japanese company known for its quality in stainless steel tubing for medical devices,” Kuldip Medhe from Teshima International Corporation said. “They have a reputation of higher quality and more precise engineering capabilities compared to other, less expensive players in this space. I'd much rather address objections to our premium price than handle product quality issues.”

Jared Fuller at PandaDoc feels the same way: “I joined because I loved the product and knew I could treat it as my own." His colleague Taft Love joined the company after using the product as a client. Due to his prior experience, he knew first-hand it was a product he could stand by.

9) Company Maturity

Quite a few sales pros indicated a preference for getting in on the ground floor. They find it exciting to work for early-stage companies and start-ups.

Sidharth Sharma of BrowserStack puts it like this: “When I joined BrowserStack, it was at the starting point of its exponential growth and they were forming their starting sales team. Before I joined, the two-member sales team functioned more like support. As the fifth member of the team, I was able to play a big role in setting up our sales processes and optimizing our sales strategy. Now, we're bringing on enterprise customers and growing the company faster. The most exciting part of this opportunity was the opportunity to start something from scratch.”

According to Gillespie (PandaDoc), “My goal was to be one of the first salespeople at an awesome startup with a great product because you get to do more than just sell.”

You might worry that you’ll lose out on great sales talent if your company is past the startup stage. But in my experience, larger companies can still provide an entrepreneurial opportunity by empowering employees to tweak existing systems and by providing mini startup opportunities within the company. As the guy who founded HubSpot's first startup within a startup, a large company with an entrepreneurial infrastructure is the best of both worlds: Resources to help start something new and the encouragement to do it.

10) Learning Opportunities

No doubt that startups are exciting, but another one of the reasons reps join early stage companies is because they'll learn a lot. In startups, salespeople are asked to do more than just sell -- they participate in marketing, services, product, and many other functions.

But again, just because salespeople learn a lot at startups doesn’t mean they have to work at an early company to expand their horizons. Having worked on both small and large teams, I'd argue that there's another way to learn: Learning from people who have already done it. In fact, for someone early in their career, I'd recommend joining a company that has a lot already figured out. When you do join that startup, you'll have more experience to draw upon and confidence when making decisions. I wish I did it this way. Instead, I tried my hand at running my own startup first and spun my wheels for a few years, before joining HubSpot's accomplish team of serial entrepreneurs.  

Either way, though, salespeople seem eager to learn new things. Whether it is learning more about sales or learning more about business in general, they are continuously looking for opportunities to gain skills and knowledge.

Brian Signorelli joined HubSpot’s sales team four years ago with no prior sales experience. Signorelli said he was initially “excited to be in sales for the sake of actually learning sales itself.” Today, he’s a senior sales manager.

Another HubSpot sales team member, Kevin Rich, explained his choice this way: “I joined HubSpot because I felt there was a great opportunity to be exposed to various aspects of the business outside of sales. Having insight into marketing, finance, legal and other areas of the business helped me develop more quickly as a professional.”

To Build a Great Sales Team, Build It Purposefully

Want to build a great sales team? You have to build a great culture in lock-step.

You might have a brilliant idea and an incredible product, but without a solid sales force to convert leads into paying customers, you'll probably struggle. So it is critical that you attract the best possible salespeople to your company.

Understanding what motivates a great salesperson is one of the first steps in assembling a team of top performers. And those first few hires are critical, as they'll create the culture that attracts and sets the tone for your future hires.

If you're a bit further along in the process of building your team, but frustrated with the quality and quantity of sales candidates your company is attracting, you might want to consider spending more time and effort building your culture. Evaluate your company's sales culture using these 10 criteria and brainstorm how you can more purposefully create an atmosphere that will be appealing to more candidates.

HubSpot's co-founder, Dharmesh Shah, uses this analogy: "Product is to Sales as Culture is to Recruiting." Just as it's hard to sell prospects a crappy product, it's really hard to sell a crappy culture to a great candidate. Creating a culture that is attractive to salespeople requires thought, planning, and maybe even a bit of engineering (take a cue from your friends in product development).

However, don't just build a great culture for recruiting purposes. Build the right culture because it's the right thing to do for your business, your existing employees, your customers and for you. Being fairly money-motivated myself, I was initially surprised to see how consistently salespeople were interested in the same non-monetary job qualities. But after considering the survey responses for a bit, I found it very refreshing.

Building a sales team of reps who only care about getting paid doesn't sound like much fun to me. Building a team of continuous learners who are eager to help their clients, grow their careers, and help their companies grow, and who are inspired by the mission and want to help figure it out with me --- that sounds quite rewarding.

Full disclosure: I’m on the Board of Advisors for Grapevine and PandaDoc.

Email tool in HubSpot CRM

28 Jun 16:43

Innovative Testing: What It Is, What It Isn’t and When to Try It

by Shanelle Mullin

Most people stick to one end of the testing spectrum, which is where iterative testing falls. Why? Likely because it’s the most talked about, the most publicized.

However, there is another end of the spectrum to explore, which is where innovative testing falls. Understanding one without the other is a disservice to yourself, your colleagues and your boss / clients.

A solid testing program includes the full spectrum.

Iterative Testing vs. Innovative Testing: Which Works Best?

Think of iterative testing and innovative testing as near-opposites sitting on different sides of the spectrum. On one side, you have the scientific iterative testing and the more risk-driven innovative testing.

First, let’s go back to an article Jakob Nielsen of the Nielsen Norman Group wrote in 2012. In it, he defined three different approaches to better design: a/b testing, usability and radical innovation.

Note that when Jakob says “better design”, he means “more conversions / increased sales”.

Here’s how Jakob summarizes the three approaches…

Jakob

Image Source

It’s important to clarify a few definitions here so that we’re both on the same page…

A/B testing splits live traffic into two (or more) parts: most users see the standard design (“A”), but a small percentage sees an alternative design (“B”).

Usability refers to the full range of user-centered design (UCD) activities: user testing, field studies, parallel and iterative design, low-fidelity prototyping, competitive studies, and many other research methods.

Radical Design Innovation creates a completely new design that deviates from past designs rather than emerging from the hill-climbing methods used in more standard redesign projects.

So, what he’s really saying is that the three approaches to better design are: a/b testing, usability research and radical redesign.

Of course, Jakob suggests that there is no reason these three approaches have to be used separately…

“JakobJakob Nielsen, Nielsen Norman Group:

“Because usability makes the most money on average, it’s the strategy that I recommend. (No surprise, if you’ve read my past articles.)

But, in truth, there’s no reason to limit yourself to a single strategy because the 3 approaches complement each other well.” (via NN/g)

When all three of these approaches are used simultaneously, it’s called innovative testing.

Iterative Testing

So, then, what is iterative testing? Iterative testing is simply standard a/b testing, one of the three approaches. It’s the addition, modification or removal of one element at a time.

Examples:

  • Changing the button color.
  • Changing “Download Your eBook” to “Download My eBook”.
  • Changing the hero image.

Paul Rouke, CEO of PRWD, explains when you should be choosing iterative testing in his Elite Camp 2015 presentation…

Paul RoukePaul Rouke, PRWD:

“Why choose iterative testing?

  • Quick wins
  • Start to learn
  • Use your tool
  • Limited resources
  • Political business
  • Build momentum
  • Demonstrate ROI
  • Develop a culture

You want to walk before you start running with testing.”

Innovative Testing

On the other end of the spectrum, you have innovative testing. That is, the addition, modification or removal of multiple elements at once.

Examples:

  • Introducing a new feature or functionality.
  • Changing the navigational structure of the site.
  • Changing the entire above the fold value proposition.

Paul also touches on when you should be choosing innovative testing…

Paul RoukePaul Rouke, PRWD:

“Why choose innovative testing?

  • Make significant increases
  • Really shift user behaviour
  • Quantifiable evidence for a major change
  • Prior to back-end system changes
  • Business proposition evaluation
  • Reached local maximum
  • Value proposition learning
  • Simplify a stepped process
  • Data drive website redesign

You want to grow your business rather than just optimize your website performance.”

Why It’s Risky

Since you’re changing multiple elements of the site at once, you won’t know if the increase or decrease is the result of change A or change B (or change C, D, E).

Marie Polli, a senior conversion strategist at ConversionXL, explains it well…

Marie PolliMarie Polli, ConversionXL:

“So, for example, if you test a new functionality on a page, you will never know if it fails, whether it was because people didn’t like the design you created for it or because they didn’t like the functionality. It’s a more bold change and it could bring a higher benefit, but it could also influence your revenue in a negative direction. So, you need to be careful.”

With iterative testing, you know that conversions increased X percent because you did exactly A. With innovative testing, you don’t have that luxury. It’s the price you have to pay.

Case Study: Strategyzer

At ConversionXL Live, Marie shared a case study from Strategyzer. Here is the control and the variation…

Strategyzer

Image Source

You can’t tell from the image above, but the original has a slider that changes every 5 seconds. It was difficult to read, making the value proposition confusing.

Also, the four bold headlines are clickable, but it is less than obvious. Thus, no one really clicked on them.

There were multiple issues here, so we tried an innovative test. Marie and co. made the value proposition more clear and made it obvious that you need to select one of the four headlines.

The result, as you can see, speaks for itself… a 22% increase.

Why You Should Care About Innovative Testing

You should care about innovative testing for three distinct reasons: it’ll help you identify bigger opportunities and wins, it’s more conservative than a radical redesign, and it’s just more exciting.

1. You’ll Uncover Bigger Gains

With innovative testing, you can test new business ideas, new services, new offerings, etc. None of those fall under the category of iterative testing. There’s a big difference between testing copy / button color and testing a potential addition to your business model, for example.

Once you uncover those big gains via innovative testing, you can run with them and create a snowball effect via iterative testing.

You have to take a bold risk to uncover big opportunities like that initially. They won’t just come from small, iterative tests.

2. It’s Safer Than Radical Redesign

A radical redesign or radical innovation, as Jakob calls it, can be quite dangerous. In another article, Peep makes a great point…

When was the last time that Amazon did a radical redesign? Most companies change their site every 3 years or so, but Amazon’s current look isn’t much different from its look 5 years ago. All the changes are iterative. They’re improving their layout through testing. When they change something, they *know* it works – because they have (repeatedly) tested it. Yes, different – but not radically different. You can still recognize it.

When you implement a radical redesign, you risk running into a few different issues…

  1. Conversions actually stay the same or decrease because some things get better and some things get worse. Often, they cancel each other out or, worse, result in fewer conversions.
  2. Radical redesign development is time-consuming and labor-intensive. Typically, you’ll spend more time and resources on the redesign than intended.
  3. The radical redesign becomes an art project instead of a science experiment. That is, it’s eventually designed by committee as you stray from data and research during numerous design iterations.

As mentioned above, innovative testing means you won’t know whether the increase or decrease is the result of change A, B, C, D or E. Radical redesigns make it even more difficult, Marie explains…

Marie PolliMarie Polli, ConversionXL:

“A lot of clients come to us saying, ‘Hey, we want you to change our whole website. It’s crap. It’s not working, it’s not converting. We want you to change it and make it better.’ But you can change it also with innovative testing.

You can first improve the layout, which we did for one of our clients. It was a very messy layout, you have a lot of colors. And we made the benefits stand out, you have the ‘call us’ stand out over there. It’s much clearer… we did it site-wide. That brought along a 61% uplift… people could actually see the benefits, they weren’t lost anymore.

Innovative Testing Example

Then, the client also wanted to change the navigation and that brought along a 7% decrease. If we would have done it all together, then the 7% decrease would have been eaten up by the 61% uplift. So, you can do innovative testing in order to change your site radically.”

Think of an innovative test as a mini radical redesign. For example, instead of redesigning the layout and navigation in one big radical redesign, you start with redesigning the layout.

It’s not a complete overhaul, not a complete departure from the control. Thus, not as time- or labor-intensive. It’s also driven by usability testing and qualitative research vs. committee vote and designer opinion.

Still, it is quite easy for innovative tests to “cancel each other out”, resulting in no change in conversions. For example, elements of your layout redesign might be canceling each other out.

That’s the risk you have to take, but at least, it’s a smaller risk than developing a radical redesign.

3. It’s Fun

Innovative testing is simply more fun. Would you rather spend your time reworking and experimenting with a navigation system or button copy? Both might be impactful, but one is certainly more exciting than the other.

Since innovative testing is more fun than iterative testing, it’s quite easy to get the whole team onboard and thinking of hypotheses, betting on outcomes, etc.

You either learn something big or get a major win. With great risk comes great reward.

When to Try Innovative Testing

Here’s the thing… innovative testing isn’t the right choice for everyone. There is a time and a place for both innovative and iterative testing. Knowing when it’s best to use each is clutch.

As a general rule, you should use innovative testing when: an iteration is no longer enough, you’ve tested your heart out, or you have a low traffic site.

1. Iteration Isn’t Enough

When you don’t have the basics right, an iteration isn’t enough. For example, let’s say your value proposition is unclear. You’ll have to run a separate iterative test on the headline, hero image, etc. Or, you could run an innovative test on the entire above the fold area.

So, how do you know if you don’t have the basics right? We use the ResearchXL model…

ResearchXL

To break that down a bit more…

  1. Heuristic Analysis: Identify “areas of interest” by checking key pages for relevancy, motivation and friction.
  2. Mouse Tracking Analysis: Analyze heat maps, click maps, scroll maps and user session video replays.
  3. Web Analytics Analysis: Conduct an analytics health check. Set up measurements for your KPIs and identify leaks in your funnel.
  4. User Testing: Identify usability and clarity issues, which are major sources of friction.
  5. Qualitative Surveys: Customer surveys, web traffic surveys, live chat logs and interviews can be a valuable source of information.
  6. Technical Analysis: Conduct cross-browser testing, cross-device testing and speed analysis.

Moving through that model step-by-step will tell you whether you have your basics covered. If you don’t, there’s a good chance innovative testing is the smarter solution.

2. You’ve Already Done a Lot of Testing

If you’ve already done a lot of testing, you’ll inevitably start to see your iterative testing results slow down. That means you’ve hit your local maxima, which is when you reach the peak of your current design. Once you begin approaching the local maxima, you start to experience diminishing returns.

Claire Vo from Experiment Engine made an interesting comment about diminishing.

“ClaireClaire Vo, Experiment Engine:

“Diminishing returns doesn’t exist. Diminishing effort does. You start to lose and decide to test elsewhere. If you continue with velocity, you can uncover wins you didn’t believe were there.”

Her talk was on high velocity testing and she argued that “diminishing returns” could be overcome through increased testing velocity. Essentially, Claire wants you to be sure you have gotten the absolute most out of your current design before moving on.

Marie suggests doing something similar when you start to experience diminishing returns…

Marie PolliMarie Polli, ConversionXL:

“Innovative testing can help you get passed that. It can help you bring your website to a new level. So, first you do an innovative test and then you start iterating it. You have something new on your website, it works better and then you’re making it even better. That will help you cross that point.”

So, once you’re sure you’ve hit that local maxima, run an innovative test and then continue with iterative testing at a high velocity.

Also, consider that when you have done a lot of testing, the number of “big wins” remaining for your current design is minimal. So, you’re looking for small uplifts (1-5%), which are nearly impossible to measure.

I used Optimizely’s sample size calculator to show you why…

5%25 Example

To calculate even a 5% change in the case above, you’ll need 240,000 people to see each variation. How long will it be before the page you’re testing receives 480,000 visitors?

Now let’s look at a 2% change…

2%25 Example

1,800,000 people per variation. Is your homepage or pricing page or whatever getting 3,600,000 visitors every month or so?

Clearly, you need a lot of traffic to detect those small uplifts. The smaller the uplift, the more traffic you need. Sure, maybe you get 480,000 visitors in two or three months, but that’s 8-12 weeks… a very long test.

Ton Wesseling of Testing.Agency explains why long tests can be a problem…

Ton WesselingTon Wesseling, Testing.Agency:

“Big impacts don’t happen too often. Most of the time, your variation is only slightly better, so you need a lot of data to be able to notice a significant winner.

But if you let your test run too long, people tend to delete their cookies… 10% in two weeks. When they return to your test, they can end up in the wrong variation. So, as the weeks pass, your sample becomes more and more polluted.”

Essentially, that pollution eats up the slight difference you were measuring in the first place.

3. You Don’t Have Much Traffic

If you really, really don’t have a lot of traffic, even 10-30% uplifts become difficult to track. In fact, Peep wrote an article called Don’t Do A/B Testing, in which he warns optimizers with low conversions (and thus, low traffic) not to waste time A/B testing.

Roughly speaking, if you have less than 1000 transactions (purchases, signups, leads etc) per month – you’re gonna be better off putting your effort in other stuff.

A lot of microbusinesses, startups and small businesses just don’t have that transaction volume (yet).

You *might be* able to run A/B tests with just 500 transactions per month too (read:how many conversions do I need?), but you need bigger impacts per successful experiment to improve the validity of those tests.

Innovative testing means bigger uplifts (30% and over), which makes it more accessible for optimizers without a lot of traffic.

How to Get Started

Before you run an innovative test, be sure to ask yourself the following four questions…

  • Is the test based on a data-driven hypothesis? You still need to do the research, you still need to be data-driven. Don’t pull an idea out of your head right now and call it innovative testing.
  • Does the test design exactly match the hypothesis? An innovative test isn’t art. Don’t let designers and your other colleagues get carried away. Stay focused on the hypothesis.
  • Has the test been setup correctly with all goals attached? Put in the work to ensure your test has been setup properly in your testing tool and your Google Analytics setup is flawless. If you skip this, you’ll miss out on segmentation opportunities later, which means fewer insights.
  • Did you perform a proper quality assurance check? With innovative testing, multiple page elements have been changed, which means they could easily break. That’s why it’s important to conduct a full and proper quality assurance (QA) check. The more high value the page (e.g. checkout), the more important QA is.

Whatever you do, continue conducting qualitative research after the innovative test goes live. It’s the best way to spot issues and identify something that has gone wrong. You can compare the new data you collect to the pre-test data you collected to see how your test impacted your audience.

Conclusion

Mark Zuckerberg once said, “The biggest risk is not taking any risks. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”

Should you take the risk of innovative testing every time? No, of course not. Innovative testing is not better than iterative testing (and vice versa); it’s all situational.

But you should be aware of the possibility (and open to it) in case you find yourself in a situation where it is required. For example…

  1. You’ve been through the ResearchXL model and realize you have very few of the basics covered… an iteration isn’t enough to fix the issue.
  2. You’ve done a lot of testing and hit your local maxima. All that’s left to gain from your current design is small lifts (1-5%).
  3. You don’t have a lot of traffic and thus, you don’t have a lot of conversions.
28 Jun 16:42

How To Generate Sales Leads With Whitepapers

by Will Humphries

Despite the misconception some people hold, whitepapers aren’t antiquated relative to conventional content marketing strategies.

In fact, the importance of providing in-depth information and education to buyers conducting their own investigations makes whitepapers vital in developing and nurturing sales leads.

Particularly when you consider that “74 percent of B2B buyers research at least one-half of their work purchases online”, according to Forrester’s US B2B eCommerce Forecast: 2015 to 2020, and that “67 percent of the buyer’s journey is now done digitally” (SiriusDecisions).

Megan Heuer, Vice President Research at SiriusDecisions also clarified that statement saying “Marketers, your mission is to help sellers get engaged early with customers and prospects by supporting them with enablement in the form of messages, content and other tools.”

With that in mind, here are some of the primary benefits of quality whitepapers and reasons why they are important to include in your content marketing plans.

Education is Valued

The relationship between inbound and outbound marketing has changed. Companies now rely on inbound strategies to set the stage for effective, engaging outbound communication.

Poorly targeted, ineffective and inefficient cold contacts are a thing of the past for successful firms. Instead, you need to target prospects with personalised messages that follow an educational experience.

Whitepapers allow you to provide deep, informative and educational content at the time people are looking.

Typical B2B buyers do some information-gathering and compare providers before the first interaction with a seller. They want to learn!

Establish Thought Leadership

Firstly, let’s define what ‘Thought Leadership is.

Think of Thought Leadership as Content Marketing, which the Content Marketing Institute defines as “A marketing technique of creating and distributing relevant and valuable content to attract, acquire, and engage a clearly defined and understood target audience – with the objective of driving profitable customer action.”

Because of the tremendous competition in many industries, you need to establish yourself as a thought leader to earn credibility among buyers.

As they are much longer and more in-depth than blog posts, whitepapers are a key component to establishing thought leadership.

You can show off your expertise, while at the same time, helping buyers to understand the various facets of your solutions that should impact their purchase decision.

Today’s buyers don’t have time to sit and listen to 10 pitches from 10 different suppliers.

You need to get ahead of your competition, and whitepapers is a great way to do that.

Imagine being able to offer something that doesn’t say, “Hey, look what we can do…”, but rather “Hey, I’d like to share something with you that will help you…”

Point to Your Products and Solutions

Bear in mind that whitepapers, as part of a content marketing strategy, set the stage for a call-to-action or sales call.

Collecting the information of those who download your valued content drives new sales leads.

Therefore, a primary goal is to eventually point buyers towards your solutions.

Whitepapers allow you to lay out your particular view on the problems faced by buyers.

You can then connect the dots to the benefits of your solution, and subtly guide readers to your product landing pages.

When a sales rep does make an initial call, the buyer has already been introduced to your basic value proposition.

This awareness puts your sales reps in a better position to ask questions, address concerns and focus on key points of differentiation.

Sales leads
Support Your Statements

Whitepapers are also a great place to integrate graphs, charts, tables, facts and stats that support your claims.

While you can include some of these items in a blog post, your blog is usually designed to capture attention and drive awareness.

Whitepapers that include testimonials and experiential statements are another great addition to help convince a buyer that your solution can address their requirements.

Let your satisfied clients support your story by sharing with readers how your solutions have benefited them.

Conclusion

Don’t operate with the wrong mindset on whitepapers. Make sure you have your digital assets working as hard as you are.

Your buyers take them very seriously, as evidenced by recent industry studies showing that 90 percent of B2B buyers consult a whitepaper before contacting a vendor.

Imagine how your business is adversely affected if you aren’t on the front lines of content marketing where much of the investigative action takes place.

For more reading on this subject, read “This is How Whitepapers Can Boost Your Sales Strategy“.

Sales strategy