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Trends, Triggers, & Tools How to Use Trigger Events in Sales & Marketing to GET MORE PROFITABLE CUSTOMERS Ivana Taylor Craig Elias Esther LaVielle
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How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Aug 20, 2015

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Page 1: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Trends, Triggers, & Tools

How to Use Trigger Events in Sales & Marketing to

GET MORE PROFITABLE CUSTOMERS

Ivana Taylor Craig Elias Esther LaVielle

Page 2: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Trend Confluence

Page 3: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Listening

Just 33% of internet users say they

worry about how much information is

available about them online, down

from 40% in December 2006. (Source: Pew, May 2010.)

Page 4: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Timing

Page 5: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Real Time Tech

Page 6: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Photograph by EwanNicholson.ca

[email protected]

+1.403.874.2998

Craig Elias

Page 7: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Trigger Event Selling Book

Steven M.R. Covey“… simple but profound truths that will help you leverage intent for immediate action and cut down the selling cycle, while creating lasting bonds with customers.”

Keith Ferrazzi“By combining the power of relationships with timing – what Elias and Shanto call “Trigger Events” – the authors present a powerful sales strategy…”

Ivan Misner“Elias and Shanto have brought referrals into the 21st Century, showing you how to … capitalize on the key moments that will bring you success in a busy, fast-paced world.  This is a must read!”

Gerhard Gschwandtner“This process is destined to expand the traditional division of the sales team into hunters and farmers by adding a new category: the trapper.”

Top SalesBooks of 2010

© Craig Elias 2002 - 2011

Page 8: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Silver Bullet in Sales & Marketing

Getting in front of the right personat EXACTLY the right time!

© Craig Elias 2002 - 2011

Page 9: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Timing & Status Quo

Page 10: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

StatusQuo

Timing & Want Trigger Events

Want

0%

© Craig Elias 2002 - 2011

Page 11: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Window of Dissatisfaction™

© COPYRIGHT Craig Elias 2002 - 2011

Page 12: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Want Trigger Event

Page 13: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

A Want Trigger Event ...

Page 14: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Selective Perception

Page 15: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

StatusQuo

Timing & Close Ratios

Window ofDissatisfaction™75%*

© Craig Elias 2002 - 2011

* InnerSell Survey of over 200 sales executives and sales people, 2003

Page 16: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Timing and the Best Customers

• Loyal• Profitable• Testimonials & Referrals

Page 17: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

StatusQuo

Timing & Afford Trigger Events

Window ofDissatisfaction™

Afford

© Craig Elias 2002 - 2011

Page 18: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

© COPYRIGHT Craig Elias 2002 – 2011

Searching For Alternatives

Page 19: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Afford Trigger Event

Page 20: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Timing & Close Ratios

16%**

StatusQuo

Window ofDissatisfaction™

Searching for

Alternatives

**Aberdeeen Research: Lead Lifecycle Management: Building a Pipeline that Never Leaks, 2009

© Craig Elias 2002 - 2011

Page 21: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

• Less than 10% said a vendor proactively contacted them

How was your first point of contact made?

The Opportunity

Page 22: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Searching for

Alternatives

StatusQuo

Timing & Justify Trigger Events

Window ofDissatisfaction™

JustifyNEW Status

Quo

© Craig Elias 2002 - 2011

Page 23: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Justify Trigger Events

Page 24: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Sales & Marketing Alignment

Awareness

Interest

Desire

ActionNEW!

Status Quo

Searching forAlternatives

Window ofDissatisfaction™

Status

Quo

© Craig Elias 2002 - 2011

More Likely To B

uyLe

ss L

ikel

y to

Buy

Fro

m Y

ou

Page 25: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

An integrated sales & marketing approach results in

24% higher growth

Sirius Decisions “High Performance B2B Sales and Marketing: The Alignment Factor”

Page 26: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

1: Choose the Best Prospects

• Money• Authority• Influence

Page 27: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

1: Choose the Best Prospects

Analyze Your Best Customers

• List 10 most recently won customers

• Put a check mark next to the each customer where:

‒ The sale cycle was shorter

‒ The sales was relatively easy to make

‒ There was limited objection about price

‒ The customer is willing to act as a reference

Those with 3 or more checks are the ones you

want to duplicate

© Craig Elias 2002 - 2011

Page 28: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

2: Find the Best Trigger Events

What we seedepends on what

we look for-John Lubbock

Page 29: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

2: Find the Best Trigger Events

Won Sales Analysis™• Every time you win an ideal

customer

• Ask the primary decision maker the four big questions in grey

• Classify the opportunity using the check boxes and notes sections

• Search for patterns in:‒ Close ratio‒ Sales cycle‒ Lead source‒ Trigger Events

© Craig Elias 2002 - 2011

Page 30: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

3: Content That JUMPS OUT!

Page 31: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

3: Content That JUMPS OUT!

Page 32: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

4: Here vs. There Problem

• What do they do• Where do they go• What do they read

Page 33: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

• Did you get it?

• What resonated?

• What happened recently?

5: Convert & Connect!

Page 34: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

6: Nurture

Page 35: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

6: Nurture, Score,

© Craig Elias 2002 - 2011

Page 36: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

6: Nurture, Score, Notify Sales

• Bounced email

• View justify assets

• Reach scoring threshold

© Craig Elias 2002 - 2011

Page 37: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

7: Analyze New Wins

Page 38: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

7: Analyze New Wins

Won Sales Analysis™• Are they an ideal customer

• Ask the primary decision maker the four big questions in

• Classify the opportunity using the check boxes and notes sections

• Search for patterns in:‒ Close ratio‒ Sales cycle‒ Lead source‒ Trigger Events

© Craig Elias 2002 - 2011

Page 39: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

7: Improve

• Content

• Location

• Scoring

Page 40: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

SmarketingFunnel.com

Convert via form

Alert Salesperson

ConnectNurtureScore

Drive toLanding Page

Analyze

Revise Scoring System

Revise Content & Placement

© Craig Elias 2002 - 2011

Page 41: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Example: Commercial Banking

Page 42: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Track Real-Time Chatter

WHY?Real-time feedback = Real time Results =

Real-Time Solutions & Sales Opportunities

Page 43: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Sort and Segment Comments

• Analytics

• Text Charts

Page 44: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Tag Clouds

Page 45: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

http://discovertext.com

Index Social Media Text

• Import & archive data from multiple sources

• Put into a single, searchable, unified repository

Page 46: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

CrowdSource – IdeaScale.com

Allows your audience to brainstorm and you to harness their ideas

Available online &as a mobile app

IdeaScale.com

Page 47: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Use Quick Engagement Polls

• Similar to IdeaScale• It’s a constantly running

survey• Collect feedback and use

results for content and product improvement

• Embed poll anywhere!

Page 48: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

SurveySwipe & SurveyPocket

SAVE TREES!

Administer Field Surveys via iPad or other smart phone

devices!

1. SurveyPocket: Offline iPad Applicationhttp://bit.ly/SurveyPocket

2. SurveySwipe: Build your own online mobile community and interact with them with a built-in incentive program

http://bit.ly/SurveySwipe 

Page 49: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Webinar Exclusive!

First 25!Double the length of an evaluation license

http://bit.ly/SurveyTrial800.326.5570

All AttendeesAsk and you’ll get the Trigger Event survey template

preprogrammed in your evaluation license to get started on finding your "silver bullet." 

http://bit.ly/TriggerEventSurvey

Page 50: How to Use Trigger Events in Sales & Marketing To Get More Profitable Customers

Q & A

Craig Elias• +1.403.874.2998

• TriggerEventBlog.com

[email protected]

• Linkedin.com/in/CraigElias

Ivana Taylor• +1.330.472.0981

• DIYMarketer.com

[email protected]

• LinkedIn.com/in/IvanaTaylor

Esther Rmah LaVielle• +1.206.850.0557

• SurveyAnalytics.com

[email protected]

• Linkedin.com/in/EstherRmah

Resources• TriggerBook.com

• DIYMarketers.com

• http://bit.ly/SurveyTrial

• WonSalesAnalysis.com

• TriggerEventScoring.com