Archive for the 'Opportunities' Category

07
Feb
12

Event Marketing Webinar Follow Up

This afternoon I had the opportunity to present Event Marketing tips to a large group on Webex.  This is such an important topic, it needs more time.  For those who missed it, and perhaps a refresher for those who attended:

1. Getting the right people is both the most important part, and the most difficult part.  But, contrary to what most sales people believe, it is not impossible, and not even as hard as you might think.  It just takes some strategy and time.  While most people don’t really like call scripts, a well rehearsed script can do wonders.  Some have accused me of making this into a robot sounding message, but far from it…you would never accuse Russel Crow or Brad Pitt of reading from a script, but they do it all the time.  It’s just that they have practiced to the point of sounding natural.  The fact is, if they just did their own thing, the movies they are in would fail.  They use a script, but add their own personality to it.  Once practiced, this is not hard to do.

2. Mistakes are common.  I reviewed several serious mistakes even the most sophisticated companies make.  Why do they make them?  Simply because no one is really studying and optimizing this process. One simple mistake is not gaining commitment there in the meeting.  A follow up program that starts an hour after the event will take a 75% response down to a 5% response and you’ll never really know what happened.  You don’t want this to be salesy – but that doesn’t mean you don’t sell anything.  I heard one woman refer to this as the Invisible Close.  By educating attendees, and providing a place for them to get more of what you are talking about, you help them get what they need.  This can be done professionally without sounding like an encyclopedia sales person.  Much more of this is addressed in my audio series – Important topics from Vendor to Adviser…in fact there are 5 hours of critical concepts in this series.

3. Conversion is key.  If you aren’t focused on conversion rate, there is no reason to do this event.  There are customer appreciation dinners, but you don’t really need to spend this kind of time and money on IT level customers…there are a handful of customers that deserve this type of treatment, but not many.  Instead, measure your conversion, and work on building the percentages.  Focus on getting the right people, and test your messaging, repeating the same kind of program over and over.  Make minor changes  – and there are millions of secrets I have discovered, including reducing attrition, getting higher level audiences, using better topics, etc, that draw the right people and increase the rate of conversion.  This is a science, not a hope…don’t be fooled into doing the event for as little as possible.  Make a wise investment and get a strong return.  That is good business.

© 2012, David Stelzl

31
Jan
12

Guatemala City: Day 1

I arrived yesterday after connecting in Houston. Guatemala is a lot different than I expected, with it’s mountainous terrain and volcanoes – pictured left.  The weather is great in this city, which sits about a mile above sea-level.  My client tells me they don’t need heat or air conditioning in their homes.  It’s just perfect all year around.  Last night we dined at a nearby upscale restaurant, where we discussed some of the history as well as how my client’s came to be here.  I am looking forward to our sessions on Tuesday as we take their sales team through the Making Money w/ Security workshop.

PS. Don’t forget, I have a live Webex based sales training program coming up later this month.  You can sign up here: (CLICK)

 

© 2012, David Stelzl

27
Jan
12

Two Great Opportunities

First, I have just announced a free webinar – Unlocking the Secrets of Event Marketing…this is online and free, but I only have a limited number of seats left.  Feb 7th – read more and sign up here! (CLICK)

Also, we have scheduled another online Making Money with Security Class.  I recently received an email from a rep who used this material to take his career up to one of the top two sales people in his global firm.  In his email he makes the statement, “This was life changing!”  Don’t miss this…we are half full and early sign-up discounts end on Feb 4th. Read more and sign up here (CLICK)

 

© 2012, David Stelzl

04
Jan
12

Anonymous – Expect Security Issues to Dominate Headlines

Anonymous strikes again (read the Article)…if you look through news articles on technology in 2012, most likely you will find Apple, Google, and Anonymous dominating headlines…at least on the business side news (e.g. Wall Street Journal).  Of the three, most of us stand to capitalize on security news more than Apple or Google, unless you work for the latter.  Do you have a plan for 2012 that leverages security trends?  You should.  Of all my clients, those specializing in security experienced the greatest bottom line growth.  Areas to consider:

1. Companies that offered managed services with a security slant (Messaging), grew the most.  When I say “Grew”, I mean, profit.  Who cares about top line growth?  Manufacturers and very large resellers who are publicly traded, perhaps, but for the traditional reseller and even small, privately held manufacturer, gross and net are more important.  Managed services, is always a “security” sale (but often not treated as one), and is the key to developing financial stability.

2. Assessments where also a hot topic.  In my latest book, From Vendor to Adviser (which is doing very well since it’s release in late December – buy it here), I discuss the need to move into a more consultative approach using discovery and assessment strategies.  Clients who have made this a core part of their business development strategy are building business faster and more profitably than any other group of clients I serve.

3. Marketing events continue to produce strong results!  Lunch & Learn marketing has been around as long as I can remember,  yet few can tell me how they are benefiting from these expensive and time consuming events – with the exception of those engaged in security.  We continue to get large audiences, executive level attendees, and a very strong sign up (Conversion) rate – averaging 75%!  Still, companies continue to try other things, looking for diversity and point product selling.

Today we kick off the first 2012 Making Money with Security workshop! (You can still sign up – starts at 1:00 PM). I am looking forward to exploring all three in detail.  Those that master security sales, will win in 2012.

© 2012, David Stelzl

26
Dec
11

Enjoy the Christmas Holidays!

Photo Taken By Hannah Stelzl

It’s my favorite time of year – spending time with family, listening to great Christmas music, attending concerts and Christmas programs, and looking back over the year…Merry Christmas!  (Yes I am a day late – it’s been a busy week!).  If you didn’t get a copy of From Vendor to Adviser in your stocking this year – we still have a few at:

http://www.stelzl.us/vendortoadviser.asp

© 2011, David Stelzl

15
Dec
11

I’ve Finally Made it To Kindle

No, I didn’t buy they Kindle, but people have been asking me to put The House & the Cloud and From Vendor to Adviser on Kindle for while now – so, I did!  If you have a hard copy of The House & the Cloud, don’t be fooled by the black cover.  It’s a new cover – one I will likely use if I ever get around to updating my book; something I hope to do this year!  You can see them online at:

1. The House & the Cloud

2. From Vendor to Adviser

Buy one and let me know how it looks…

© 2011, David Stelzl

14
Dec
11

The Security Value Proposition

In last week’s webinar on fee setting, one of the 5 secrets I shared had to do with understanding value before quoting a price.  By this I mean, you personally have ownership of the value your are providing and the client agrees – they too see the value.  On the call I discussed various ways to ensure this happens, along with some key technology areas that demonstrate it well.  One of these areas is security…you might have guessed if you’ve read my book, The House & the Cloud.

Upcoming Making Money with Security Workshop (Online) – Click to learn more

Why Security Does this so Well:

  • Security issues are in every company – if you can find them, most of the time they are urgent.  In a recent coaching call we were reviewing assessment results from a complementary risk analysis.  The client’s email system had been compromised and was acting as a spam relay!  What is the likelihood of closing the remediation business on this one?  100%!  In another situation the client’s report revealed no firewall – the network was actually set up to bypass the firewall!  Another 100%…and finally, I worked with a client recently only to discover that everyone in the company had full admin rights to their  database – this is a healthcare company with HIPAA requirements!  Again, there is a 100% likelihood of closing business.  Why?  Simply put, we found urgent issues and had asset owners involved.
  • Executives are still interested in security…you may not think so, but the fact that Wall Street continues to write about security tells me the readership – mostly management level people, are interested.  It’s not that hard to arrange marketing events and sales calls around educational security related material.  The success comes as sales people focus on the business aspects, not the technology itself.
  • Every technology deal has a security aspect to it – one that is central to the success of implementation.  Whether you sell unified communications, applications, core networking, storage, or specialize in managed services, security is key.  It’s a differentiator.  If your competition is selling storage, the deal is likely dependent on price.  When security enters the equation, the value equation changes.  Here, success is dependent on understanding how to weave the security story into the deal.  It’s always relevant, making it the right thing to do.

Find out more on this – join us the first week of January before things get to hectic – 3  days, 2 hours each day – online, so you don’t have to go anywhere!  Sign up here (hurry while early registration discounts apply):

Upcoming Making Money with Security Workshop (Online) – Click to learn more

© 2011, David Stelzl

08
Dec
11

You Might Be Giving Away Twice What You Thought!

Preorder Now!

I am very excited about tomorrow’s free webinar on fees!  While spreadsheets and finances are not my favorite pass time, the idea of increasing margins and cutting losses is exciting!

If you have not signed up, do it now! 

http://stelzlvendoradviser4.eventbrite.com/

I prepared 7 well kept secrets to help you change your pricing models for 2012 – and I know they will help you increase profits if you follow them closely.  Let me hint at one important pricing concept right here to get us started…

Did you know that when you discount 20% on services, you give away 40%?  It might be obvious, but tomorrow I plan to show you several simple math problems that will explain where most resellers lose money over the course of a year, and how that affects not only the bottom line, but every sales person’s personal income (and eventually your company’s ability to deliver quality service to the customer!).  I’ll show you how, and what to do about it tomorrow at 1 PM, ET.  Make sure you put this on your schedule – one hour could change your entire financial outlook for 2012…

© 2012, David Stelzl

02
Dec
11

Proposals and Fees – Two Areas That Need Attention

First, don’t miss these two sessions online – this is my Christmas gift to you just for being a regular reader….

1. http://stelzlvendoradviser4.eventbrite.com/ – Setting Fees with Profit in Mind!

2. http://www.eventbrite.com/event/2571952780 – Secrets to Writing Winning Proposals (Including RFP responses)

Two areas I see even some of the most successful sales people missing on are fees and proposals.

Fees are tricky – sometimes your company sets this for you, but if you have any control over this, it’s one of the places you must master.  Too much, and the client looks at you like you’re a thief, too little and you leave money on the table or worse, discredit your own value.  I often hear the comment, “When we fix price, we lose money.”  Wow, that tells me you haven’t learned to estimate, but I will show you the secret of pricing on December 9th…there are two ways to calculate fixed price fees, then there are block time sales (which may be the thing that keeps you from really profiting the way you should be – and I’ll show you exactly why that is.)  And of course T&M, but there are two ways to do T&M, and one of them results in you taking all the risk.  I cover this in detail in my new book, From Vendor to Adviser, along with calculations and examples, so I won’t go into it here…but this is critical stuff!

Get the Book here:  www.stelzl.us/store.asp (Note: this is a preorder special – you’ll be one of the first to have it)

Then there is the proposal…I see many making one of several mistakes.  They execute the sales process perfectly, and then get to the proposal, and…well, all that effort turns into a big negotiation process, and maybe a visit to the chief purchasing officer (who, no doubt, has a degree in Negotiation Strategies!)  Who needs that at the end of a long sales cycle, and especially here at year end?  One thing  I can tell you, the meeting you have right before you write this proposal is the key to success – but there are at least eight secrets I give in my book to make this go much more smoothly.  I don’t know about you, but I don’t really like writing proposals – especially when they don’t close!

Here is that link again – I’ll see you on the 8th and hopefully on the 21st for the second one.  There is no cost to you, other than time, so don’t miss this.

Fees: http://stelzlvendoradviser4.eventbrite.com/

Proposals: http://www.eventbrite.com/event/2571952780

© 2011, David Stelzl

18
Nov
11

From Vendor to Adviser – Finally

 

Brand New!

Now Available: From Vendor to Adviser (PreOrder for just 13.95)

The proof is in my hands – and you can now reserve a copy of From Vendor to Adviser at a discounted price of $13.95 through my online store:  www.stelzl.us/store.asp (normally $16.95).  I’ve been working on this book for almost a year, and I think you’ll find it answers a lot of questions about how to grow your business.  I discuss pricing, proposals, presentations, discovery and assessment, and a whole lot more – everything in this book is specific to selling technology!  Not too many books are that specific, but I believe our industry is unique and requires some special insight when dealing with IT people, commoditizing technology, resellers that depend on services business and who are building managed services practices, etc.  There’s a lot to consider in these sales…so whether you sell for a giant reseller, specialize in a certain area such as data center, security, collaboration, or some application area, or are working directly for the manufacturer in a direct or channel role, this book hits the mark.  Check it out…I look forward to your feedback once you read it.

© 2011, David Stelzl




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