What can we learn about sales and marketing from legendary sportsman Captain Blood?

For those of you who know me beyond my business pursuits, you will know that – like 100,000 other Australians – one of my passions is Australian Rules Football (to my American friends: no, this is not rugby) and one club in particular: The mighty Tigers – the Richmond football club. In our history, we’ve produced many great champions but probably the greatest of all is the legendary Captain Blood himself, Jack Dyer. Dyer was renowned for being one of the toughest men ever to play the game. Why Captain Blood, you ask? Well I answer you READ MORE

2020-10-21T16:08:17+11:00By |Sales|

Marketing on a Budget: What to keep and what to cut

Why is it that marketing is one of the first things to get cut when budgets tighten? The conception amongst B2B business owners is that positioning is a long game and that demand response is low, so taking a hiatus from both forms of marketing won’t make much difference. You could be forgiven for thinking too, in the current climate where online traffic has increased, we're 'over'; webinars again, and content creation is reaching saturation point, that your voice would be drowned out in the digital noise anyway. Sure, customers are reducing spending on 'non-essentials' so minimising READ MORE

2020-10-10T11:28:57+11:00By |Strategy|

Where to Direct your Marketing Spend

If you had four products or services, how much money should you spend on each? Should you double-down on the one product or service that's making all the money? It may not be obvious, but the answer is no. Allow me to show you why. https://youtu.be/GGgQTblgaf0 Where should your money be going? Let’s start by analysing which of your markets are mature (and therefore unattractive) or new (and attractive), and where your products sit in those markets. Essentially, this means looking at whether your offer is a: Weak product in a mature market Strong product in a READ MORE

Using Focus as a Strategy to Dominate your Market

In every market there's a go-to provider – normally, that's the biggest provider on the market. So, how do you become the go-to-provider and absolutely dominate your market? The answer is to focus. https://youtu.be/NuStN9-L_nQ It’s hard to gain traction in a big market Imagine you hold 6% of your market – certainly the market is big enough for you to succeed. But if you flap around in this whole market, then you’re an invisible small player. On the other hand, if you can find a market small enough, then you can dominate it. Here's the switch: you READ MORE

How to Build a Buyer-Centric Strategy around Product Life Cycle Needs

What does it mean to have a buyer-centric strategy? When it comes to strategy, everyone has an opinion. People will say to you “all you need to do is…" – and that's your cue to tune out completely. But what should you tune into? https://www.youtube.com/watch?v=K3nK65GQI60&feature=youtu.be In a buyer-centric strategy, pay attention to product life cycle needs Today, I’ll share a bit of detail around tuning into your buyer's needs at different points in your product life cycle, as well as some examples of contemporary companies that have made their strategy really buyer-centric. You may have seen a READ MORE

How to Maximise Profit

How do you make more money than your competitors? That's what Michael Porter set out to answer in his trilogy and what I’ll explain very briefly in today’s blog. https://www.youtube.com/watch?v=LQ4YawXFz4E You may remember Porter’s ‘Five Forces’ from school. He used this model to explain why some industries are more profitable than others. Ultimately, we can't control our industry - but we can control the business that we're in. And that's why one of Porter's lesser-known ideas is more actionable for most of us. Choose the right profit model Increased profitability for your business comes down to deliberately READ MORE

How to Kick the Curve

How do you fundamentally change your momentum? Is it innovation? Is it expanding into new markets? Is it charismatic leadership? How do you kick the curve? That's the question Jim Collins answers in his second book, ‘Good to Great’, and what I want to talk to you about today. https://youtu.be/kTjLRALE95Q 7 Keys to Kick the Curve In his book, Jim Collins explains how businesses change their momentum. Over the course of 15 years, he looked at businesses that had achieved adequate market success. Then they had a clear transition, and then they kicked the curve – meaning READ MORE

How to Create Sustained Success

You might be close to the action in a start-up, or a cog in a big business. Either way, you have a critical role to play in the sustained success of your business. Today, I'm going to show how you can do just that. https://www.youtube.com/watch?v=lb0sHeqfLRg I'll be drawing on the work from Jim Collins and Jerry Porras in their fantastic book, ‘Built to Last’. They gathered their conclusions by comparing 18 highly-successful companies against 18 companies that did reasonably well. Both groups had the same capital, technology and start time. Despite having similar opportunities, the comparison companies READ MORE

Telemarketing scripts [video]

Telemarketing scripts are aimed to help the uncomfortable get comfortable, and the poor get good. They rarely do either. Today I’m going to show you a number of telemarketing scripts, summarise them, and make one big change to that summarised set to help you get more effective at telemarketing for complex B2B selling. https://youtu.be/5jVSY_Ihml4 Telemarketing needs a flow, not a script I’ve reviewed practical recommendations from three sites and summarised them. I found generally that they’ve tended to be all about manipulation, trying to manage a conversation. In complex B2B, there are some really important elements going READ MORE

Set your B2B marketing strategy around your buyers’ maturity

There are no obviously good ideas in strategy. The very same strategy that you saw somebody else employ to great effect, could be completely the wrong idea for you. And, the same strategy that you have employed previously might just be the wrong strategy as well. How you set your target market, your channel, your product, your pricing, your competitive strategy - that is everything - depends on the answer to one simple question. Get that right and strategy's a walk in the park. Get it wrong and you're dead. https://www.youtube.com/watch?v=0pMwRuWVYS0 Set your strategy around your buyers' READ MORE

2020-06-15T14:52:16+10:00By |Strategy|
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