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Entrepreneurship 101: B2B Sales
February 5, 2014

@markeelliott

#Ent101

@MaRSDD
Agenda

@markeelliott

#Ent101

@MaRSDD
Agenda
• Mark Elliott, Co-Founder
• VA Partners provides Part-time Sales and
Marketing
• Almost 20 Years of Sales and Marketing
• Created $2M annual annuity for a finance
company
• Booked 100 meetings using Social Media
• New clients for web based company increased
revenue by 50%
• Worked with 70+ clients over 7 years

@markeelliott

#Ent101

@MaRSDD
Value Proposition
•

What benefits are you
selling?
•
•
•
•

•
•
•

@markeelliott

Revenue increase
Cost reduction
Productivity improvement
Avoid something bad

Quantify the benefit
Multiple value
propositions
How are you different vs.
your competitors

#Ent101

@MaRSDD
Targets
•
•
•
•

•
•
•
•

@markeelliott

Where do your benefits best
match-up?
Vertical focus
Horizontal focus
Leverage knowledge and
success to own a market
segment
Best contacts within a
company
Could be multiple
All organizations don’t work
the same way
Call high in the organization

#Ent101

@MaRSDD
What Type of Sales is Best?
•

Types
•
•
•
•
•

•

Direct
Channel
Outbound
Inside
Marketing

Decision
• Cost of Sale
• How do target customers buy?

•

@markeelliott

May do unnatural things at the
start

#Ent101

@MaRSDD
Inbound Lead Generation
•
•

Bring in qualified leads
Components
•
•
•
•
•

•

Blogs
Whitepapers
Email marketing
Social Media
SEO

Website
• Easy to update
• Capabilities to add the
components needed
• Customer testimonials

@markeelliott

#Ent101

@MaRSDD
Sales Process Tools

Prospecting
Qualifying
Proposing
Closing

•
•
•
•
•

Path to Sales Success
Activity targets
Handling objections
Email templates
Telephone scripts

Roll-out

@markeelliott

#Ent101

@MaRSDD
Sales CRMs

•
•
•
•
•
•
•

@markeelliott

Accounts
Contacts
Activities
Opportunities
Notes
Leads
Share information

#Ent101

@MaRSDD
Cold Calls vs. Warm Calls
•
•
•

Book time in you schedule
What is your goal?
Research
• Company
• Person you are contacting

•
•
•
•

@markeelliott

Call the right person
Have the right message
Prepare for objections you
may face
Call at start and at the end
of the day

#Ent101

@MaRSDD
Leveraging Social Media
•

LinkedIn –
•
•
•
•
•
•

•

Twitter –
•
•
•
•

@markeelliott

#Ent101

Complete Profile
Make it easy to connect
Connect after….
Ask for introductions
Send InMail
Research
Use tools, like Hootsuite
Schedule Tweets
Create lists
Engage

@MaRSDD
Other Sales Tactics

• Research
• Social Media
• Web
• Data.com

• Targeted Email
• Networking

@markeelliott

#Ent101

@MaRSDD
Meeting Plans
•
•

Ask questions
Sample Agenda
• Introduction
• Overview prospect
• Overview your
organization
• Next steps

•
•
•
•

@markeelliott

#Ent101

Who are you meeting?
What are they hoping to
get out of the meeting?
What are your goals?
What are your next
steps?
@MaRSDD
Great Sales Resources

Sales Peer2Peer

Sales Peer to Peer

Linkedin Group

http://yoursalesplaybook.com

@markeelliott

#Ent101

@MaRSDD

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B2B Sales Tips for Startups

  • 1. Entrepreneurship 101: B2B Sales February 5, 2014 @markeelliott #Ent101 @MaRSDD
  • 3. Agenda • Mark Elliott, Co-Founder • VA Partners provides Part-time Sales and Marketing • Almost 20 Years of Sales and Marketing • Created $2M annual annuity for a finance company • Booked 100 meetings using Social Media • New clients for web based company increased revenue by 50% • Worked with 70+ clients over 7 years @markeelliott #Ent101 @MaRSDD
  • 4. Value Proposition • What benefits are you selling? • • • • • • • @markeelliott Revenue increase Cost reduction Productivity improvement Avoid something bad Quantify the benefit Multiple value propositions How are you different vs. your competitors #Ent101 @MaRSDD
  • 5. Targets • • • • • • • • @markeelliott Where do your benefits best match-up? Vertical focus Horizontal focus Leverage knowledge and success to own a market segment Best contacts within a company Could be multiple All organizations don’t work the same way Call high in the organization #Ent101 @MaRSDD
  • 6. What Type of Sales is Best? • Types • • • • • • Direct Channel Outbound Inside Marketing Decision • Cost of Sale • How do target customers buy? • @markeelliott May do unnatural things at the start #Ent101 @MaRSDD
  • 7. Inbound Lead Generation • • Bring in qualified leads Components • • • • • • Blogs Whitepapers Email marketing Social Media SEO Website • Easy to update • Capabilities to add the components needed • Customer testimonials @markeelliott #Ent101 @MaRSDD
  • 8. Sales Process Tools Prospecting Qualifying Proposing Closing • • • • • Path to Sales Success Activity targets Handling objections Email templates Telephone scripts Roll-out @markeelliott #Ent101 @MaRSDD
  • 10. Cold Calls vs. Warm Calls • • • Book time in you schedule What is your goal? Research • Company • Person you are contacting • • • • @markeelliott Call the right person Have the right message Prepare for objections you may face Call at start and at the end of the day #Ent101 @MaRSDD
  • 11. Leveraging Social Media • LinkedIn – • • • • • • • Twitter – • • • • @markeelliott #Ent101 Complete Profile Make it easy to connect Connect after…. Ask for introductions Send InMail Research Use tools, like Hootsuite Schedule Tweets Create lists Engage @MaRSDD
  • 12. Other Sales Tactics • Research • Social Media • Web • Data.com • Targeted Email • Networking @markeelliott #Ent101 @MaRSDD
  • 13. Meeting Plans • • Ask questions Sample Agenda • Introduction • Overview prospect • Overview your organization • Next steps • • • • @markeelliott #Ent101 Who are you meeting? What are they hoping to get out of the meeting? What are your goals? What are your next steps? @MaRSDD
  • 14. Great Sales Resources Sales Peer2Peer Sales Peer to Peer Linkedin Group http://yoursalesplaybook.com @markeelliott #Ent101 @MaRSDD