Telecom Association, Inc. © 20071 Barrel Fishing Three steps to catching your sales limit on any...
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Transcript of Telecom Association, Inc. © 20071 Barrel Fishing Three steps to catching your sales limit on any...
Telecom Association, Inc. © 2007 1
Barrel Fishing
Three steps to catching your sales limit on any bait budget
Telecom Association, Inc. © 2007 2
Introduction of Barrel Fishers
Dan BaldwinTMC Senior Agent Sales Director& TelecomAssociation Founder
Robert PatlanNCS Western Manager& “Interconnect Fisher”
Telecom Association, Inc. © 2007 3
Does It Work? Case Studies:
Telecom AssociationStill kicking after 11 years
NOS – Not kicking anymore
Norvergence – Helped raise over $2 million for legal action
Selling Interconnects& RBOC Services
Telecom Association, Inc. © 2007 4
Barrel Fishing Defined
3-steps to sales success that any salesperson can do (without permission)
It’s a simple sales, marketing & organizational philosophy that keeps sales people on track & on quota
Telecom Association, Inc. © 2007 5
Assumptions for Success
The product or service is easy to understand (not still in beta)
An identifiable market exists
You have money & patience
Telecom Association, Inc. © 2007 6
The Three Easy Steps
If it’s so easy, why do so many fail?
Over-thinking or under-thinking the easy steps
Not using cheap web technology (the secret weapons!)
BarrelFishing
1. Fill barrelwith fish
3. Catch thehard fish
2. Catch theeasy fish
Repeat steps
Telecom Association, Inc. © 2007 7
1. Fill the Barrel with Prospects Big mailable or
callable lists
“Good customers” as defined by SIC, size, etc., etc., etc.
To combine or not combine lists?
SalesGenie.com/InfoUSA Lists
Trade Magazine Lists
Association Lists
??
Telecom Association, Inc. © 2007 8
2. Catch the “Easy Fish” NOW
Sell first to those that are “buying now” with a clear call to action
Just say, “I want your business, here’s our specials & here’s how to buy”
Groom lists in preparationfor “hard fishing”
Telecom Association, Inc. © 2007 9
3. Catch the “Hard Fish” QUICK
Analyze your list results from step two
Create innocuous bait (white papers & other “value” information)
Set “lead traps” to identify the hard fish “ready to buy” (800#s, email subscriptions)
Start patiently casting
Telecom Association, Inc. © 2007 10
Case Study 1: TelecomAssociation
1. LIST: Phone+ readers, Internet surfers
2. EASY FISH: “Join association for telecom agents”
3. HARD FISH: Free training outlines, how to win against NOS, etc.
Over 11 years, no more competitors
Telecom Association, Inc. © 2007 11
Case Study 2: Norvergence
1. LIST: Internet & Google ad surfers considering Norvergence
2. EASY FISH: “What you need to know about Norvergence before buying”
3. HARD FISH: NorvergenceNewsletter & Legal Co-op
Over $2.5 million raised
Telecom Association, Inc. © 2007 12
Case Study 3: “Choking Game”
1. LIST: Internet & Google ad surfers freaking out from TV & newspaper reports
2. EASY FISH: “What you need to know to talk to your kids or students”
3. HARD FISH: Newsletter Signup
Over 2,000 subscribers
Telecom Association, Inc. © 2007 13
Case Study 4: RBOC Agent Sales
1. LIST: SalesGenie list for RBOC geography overlayed on RBOC database
2. EASY FISH: Let me upgrade your service
3. HARD FISH: How can we improve your long-term service?
Telecom Association, Inc. © 2007 14
1. List Building Tools QUICK: SalesGenie.com/InfoUSA,
GoLeads.com, in-house lists
MEDIUM: Google AdWords & similar
SLOW: Internet search
Telecom Association, Inc. © 2007 15
2. Quick Sales Tools
DIRECT MAIL: In-house & mol.USPS.com
TELEMARKETING: In-house & service bureau (setup + $30/hour)
INBOUND SALES: Answer the call!
Telecom Association, Inc. © 2007 16
3. Hard Sales Tools
Kall8.com 800 Numbers
Bronto.com email subscription & “Click ID”
Others
Telecom Association, Inc. © 2007 17
Pick a Product/Service to Sell
LIST:
QUICK SALE:
HARD SALE:
Telecom Association, Inc. © 2007 18
Subscribe to “Barrel Fishing”
Go to www.BarrelFishing.com
Dan Baldwin: 619-520-6629
Robert Patlan: