Feel Like a Number.
Adweek columnist Mike Shields served up a beautiful rant this week about the staggeringly huge numbers that ad technology players toss around to demonstrate their scale and market impact. 13 billion ads…
Adweek columnist Mike Shields served up a beautiful rant this week about the staggeringly huge numbers that ad technology players toss around to demonstrate their scale and market impact. 13 billion ads…
The truth can of course be painful. Nobody wants to hear that their offering is not really being considered. But there's a huge value in knowing where you stand and being able to refocus your effort and resources where they'll do the most good. So when you hear one of the objections above, stop the conversation and ask the hard question. Your buyer will probably appreciate you cutting to the chase: the white lies she's been telling to let you down easy are probably getting a little tiring for her as well.
If you don't put something urgent and provocative in front of the buyer in the first 90 seconds of your call, your buyer will step into the vacuum and fill it themselves. They'll fill it with rote questions, flawed categorization, indifference, false objections, a recitation of numerical parameters or something worse. I'll leave you with a tip to help you fill the void. Make this the first sentence of your next sales meeting: "We've looked at your business, and there's one big issue we don't think you recognize. And if it's not addressed, you'll be missing a huge opportunity." Do the work. Think. Plan. Fill the vacuum.
Start by accepting the RFP process for what it is: a formal justification process for that which the agency already wants to buy for its client. Now put your valuable human and financial capital to work on two new agendas: disruption and systemic enhancement. First, frame a disruptive challenge to the customer's thinking and work hard to introduce it at a high level well before the RFP process even begins. What do we know about the consumer, the process or the market that would be valuable to this customer? What will cause them to look at things differently? Once you've driven a wedge like this into the customer's reality, focus on how your company can bring long term value to this customer's process. Focus less on making the plan and more on making a difference.
Less than a month ago I led an all-day meeting of a few dozen digital sales leaders at The Upstream Seller Forum. One of our topics was "The Incredible Shrinking Third Quarter," a discussion prompted by…
As the remaining days of the year slip by, I'm looking back on the hundreds of conversations - both public and private - that have left a mark on how I think about our industry. Some of them come back…
Over the past week, I've been asked at least a dozen times about Federated Media's much ballyhooed decision to "shutter" its direct ad sales business in favor or "programmatic buying and native advertising"…
Looking back over the past 20 years in the Digital Marketing bubble, there have been a handful of disruptive "barbarians at the gate" moments that shake our foundations and challenge the way we think of…
When I was a kid in the L.A. suburbs of the late 60s, we all played every major sport -- park league football in the fall, basketball on outdoor concrete courts in the winter, and baseball in the spring.…
Back in June 2010, I wrote a post ("Something's Gotta Give") that challenged the stability of the page view/ad impression economy. Now that that economy is in full retreat - if not free-fall -- I think…
I've said many times in this space that being in digital communication and marketing today is all about navigating the unknown. We must navigate it internally within our company planning sessions, and externally in every customer interaction. Preparation for those encounters is a must, but what precisely are we preparing? "Kind of Blue" suggests that we'd be better served by planning the empowering environment, rather than continually polishing our own story and blowing our own horns. Listen to "Kind of Blue" on the way to your next sales call. Then ask yourself, "Am I creating a space where we can all do our best, most creative work?" The results can be kind of great.
Last week's column by Digiday's Brian Morrissey - "Science vs. Art in Digital Advertising" -- got me thinking. Brian doesn't necessarily come right out and say that he emperor is naked, but does point…