What are your hiring plans in 2013?

2013 Sales Team Planning

By Lori Richardson, Scoremoresales.com  SJ Daily Blog Pix

Many sales leaders and smaller company CEOs are discussing sales tam planning for next year. Some have completed theirs.

I know some really great smaller organizations that don’t complete this important task until sometime in Q1 – in a panic because they didn’t get things done Q4, they extend the old comp plans and ultimately make changes sometime in mid-January. I remember one company that did this in February.

We suggest you don’t drag things out – make time now and hammer out issues of territory overlap, vertical territories vs. geographic, and come to a tentative idea, if not complete, by end of December (assuming you run on a calendar year).

Pull in the constituents involved and get some input, then make those hard decisions.

If you do this, you’ll go into the holidays with some sense of accomplishment, and your sellers will have time to put some scenarios together and talk with you post-holidays.

Good leaders ask tough questions. They poll their team members, and eventually make recommendations based on what’s best for the team. It can be a really challenging time.

By creating something now, you’ll also have that magical week between Christmas and New Year for refinement – assuming you and others are at work then. For a growing company, this can be such a great week to reach people by phone and get things done.

This is something we work on routinely with technology and distribution companies for inside and outside sales teams – don’t hesitate to ask us if you have a question or two.

Lori Richardson - Score More SalesLori Richardson is recognized as one of the “Top 25 Sales Influencers for 2012″ and one of “20 Women to Watch in Sales Lead Management”. Lori speaks, writes, trains, and consults with inside and outbound sellers in technology and services companies. Subscribe to the award-winning blogand the “Sales Ideas In A Minute” newsletter for sales strategies, tactics, and tips in selling.

 

Most Small Businesses Missing Opportunities to Reach Customers

SJ Daily Blog Pix

Pitney Bowes Survey Finds Small Businesses Not Measuring Their Marketing Effectiveness

 Barbara Hannan, Manager External Communications, Pitney Bowes

Small businesses are depending mainly on traditional communications channels to market to customers and prospects, not tracking results and missing opportunities to incorporate multi-channel communications to increase those response rates and get customers. Such are the findings of a Small Business Marketing Survey recently conducted by Pitney Bowes Inc. (NYSE: PBI).

The survey of more than 750 of Pitney Bowes small business customers was conducted with the goal of finding out more about the customer communications channel preferences and marketing tools used by small businesses and to determine if small businesses are fully leveraging the tools they have in place.

“A surprising number of businesses are not tracking results of communications they send to customers and prospects, particularly through direct mail and email,” said Justin Amendola, vice president, global SMB digital strategy, Pitney Bowes. “This is a big missed opportunity for businesses who could instead help their business grow by using any of a number of affordable, easy-to-use communications tools to deliver and measure their marketing programs.”

Missed Opportunities?

Pitney Bowes uncovered several opportunities for small businesses to leverage existing and new marketing strategies to grow their businesses.

  • Measurement: Most small businesses are not measuring the success of their marketing campaigns. They’re not using readily available metrics to understand channel effectiveness. An astonishing 73 percent of respondents fail to measure their email marketing metrics, while 80 percent fail to measure their direct mail or traditional mail metrics.
  • Digital and Social Media Channels: Small businesses heavily rely on traditional channels for customer communications and may be missing opportunities to use newer tactics such as social media. Email is the most used channel, with 46 percent of respondents using it as their primary channel for business communications, followed by phone (22%) and direct mail (11%).
  • Multi-channel Approach: Businesses are slow to take advantage of the power of integrated marketing and new channels. Of the larger businesses surveyed (50-100 employees), none listed social media as their primary channel. Those who did list social media as their primary channel tended to be businesses with 10 or fewer employees. Most notably, of those small businesses, the highest proportions were those less than 10 years old. By incorporating a multi-channel communications approach, businesses may see increased response rates.
  • Email: While businesses use email as their most important communications channel, the number of businesses leveraging the medium for marketing purpose is still fairly low. While email is the top communications channel for small businesses, many still aren’t taking full advantage of it for marketing purposes. Respondents’ primary reason for using email was for basic correspondence related to ongoing business (59%); however, the number using email for sales and marketing is still fairly low.
  • Traditional Mail: Businesses are already communicating with customers using physical mail, such as invoices and statements; however, only a small percentage of businesses are using that traditional mail for sales and marketing. Only 18 percent of respondents are using it for business development/marketing and 20 percent are including product information/updates. Given that bills and invoices are guaranteed to reach current customers, it offers a low-cost and highly effective option for deliver marketing messages and promotional offers.

To download the complete results of the Pitney Bowes small business marketing survey, go tohttp://www.pbsmartessentials.com/small-business-marketing-survey-2012/.