TNNWC ENTREPRENEURIAL PUBLICATIONS

TNNWC Publications And Informational Products Division publishes The National Networker (TNNWC) Weekly Newsletter and The BLUE TUESDAY Report especially for entrepreneurs and early-stage venturers; free weekly subscriptions to these informative publications are available online to all entrepreneurial Members of TNNWC.

Membership in TNNWC is free (it's automatic for any subscriber to any TNNWC Publication) and available at our website. When you arrive there, just click on any of the JOIN US or BECOME a MEMBER buttons or links.

Showing posts with label zale tabakman. Show all posts
Showing posts with label zale tabakman. Show all posts

Sunday, March 09, 2008

The Queen Of Canadian Telemarketing

The Queen Of Canadian Telemarketing

By Zale Tabakman, Canadian Bureau Chief
Zale's Bio Email article RSS feed
Share on facebook

We are always calling strangers in companies. We do it to find customers, we do it because we are looking for a job, and sometimes we are calling because we want to buy the company.

The list of reasons we want to call strangers is endless. For our discussion here, I am focusing on outbound calls for the purposes of starting the process which concludes in some form of a sale. But don’t dismay, these outbound calling tips apply to anybody who needs to make outbound telephone calls on a frequent basis.

Some of the challenges we will discuss here address the most common problems faced by people making frequent calls to strangers:

  • Who should we call?
  • How do we find the perfect person to call - since the imperfect person wastes valuable time.
  • What is the process for managing calls?

Other questions that are addressed elsewhere include:

  • How do we create voice mails that get returned?
  • How do I learn to Start Loving Cold-Calling?
  • How to get a Yes from an effective decision maker?

As I stated in my Marketing Yourself, these tips will use the LinkedIn Social Network as a a source for prospects. But the approach is standard and can be applied to any network or any database of prospects.

Who should we call?

Quoting me from Marketing Yourself:

I know that most people think of LinkedIn as a place for e-mail marketing because

I receive frequent e-mail each day from my contacts, but I have only received a

smattering of telephone calls from my LinkedIn Social Network connections. Most

of the calls were from people looking for help on LinkedIn, only two of these calls

contacted me to do business with them. I am totally shocked at that ratio. I have

over 9,000,000 connections. My contact information is easy to get.

I suspect that most people are too shy or they feel that converting an online social network connection into a real one-on-one connection is wrong somehow. LinkedIn’s ease at e-mail is and introductions are another reason people hesitate to pick up the phone and call.

I strongly disagree with treating LinkedIn as an online network only. You and I put up our resumes and our interests with a tremendous amount of detail. We are inviting people to contact us, but it has to be an appropriate contact. We only want to be contacted if its relevant and useful to our careers or our lives.

What we want can be found in our profile. Reading a profile lets you know what your connection does and what there interests are. What more could a person making a call want to know?

I have called many people on my LinkedIn Social Network and have always being received warmly or when I have left a message gotten a call back. In every call situation, I knew a lot about the person I was calling and what they would be interested in. In the two cases of people calling me, they knew about me and were able to approach me with projects I would be interested in, I have been able to do some business with one and expect to do business with the other.

When you need to call a company to achieve a goal - LinkedIn should be the on of the first tools you turn to. Using the LinkedIn searching facility you can find the exact contact you need.

My method starts by selecting the company name or job title and then scanning the results. If that doesn’t immediately help me, I then add the search parameters until my list is narrowed down to enable me to select the profiles of interest.

Once I have their name, I then get on the phone, call the company and either by speaking to the receptionist or using the telephone directory, I get the exact individual I need to speak with.

Since I know all about them from their LinkedIn profile, my conversation is to the point and I usually have a terrific conversation.

Using LinkedIn is fast, its convenient, and it works.

Finding The Perfect Prospect

In sales, we look for the perfect prospect, that person who is part of 3% of the market who is actively looking for a product, service or a person like you today.

To find that perfect prospect, you must know exactly who buys your products, what their title is, what they do in the company, and what kind of company they work for. This is all about niche marketing. (An article about niche marketing and long tail marketing is in development.)

There are least three approaches for using LinkedIn.

  1. The obvious one is to use LinkedIn to find the actual prospect.
  2. A second approach is to use LinkedIn to find out useful background prior to approaching the prospect.
  3. The third approach is to use LinkedIn to find somebody to introduce you to the prospect.

To find actual prospects is straight forward, but requires a practical approach and some work. Imagine you are selling Customer Relationship Software for medium size companies, the person who makes the purchase decision is the VP of Sales. To find the prospects, enter “VP of Sales managing people” into the search field. Then narrow down the search as per the previous discussion about calling into a client.

A large network rapidly identifies many prospects which you can then start your telemarketing to. After a couple of hours of effective telemarketing, you have a sales queue.

To find some useful background on clients, use LinkedIn to find other people that work at the company.

In our Customer Relationship Software example we could look for a user of the system. Their title would be account manager or business development manager. After selecting one or two account managers from the target company, you call the account manager and tell them what you do for a living. Once on the phone you can tell them you are planning on calling the prospect, giving the prospect by name, but before you do, you want to make sure that there is an opportunity. You can then ask them what the company is currently using for CRM software and how they like it. Judging on the response you get, you will know if there is true opportunity and what the prospect’s needs are. Obviously the conversation will be more sophisticated than this. Later in the process section, I provide a few places where you can learn about how to have those conversations.

The final approach is to look for somebody peripheral to the prospect. For example, the CFO or the VP of Marketing. A conversation with the CFO about how your CRM can speed sales or a conversation with the VP of Marketing on tracking marketing responses will invariably lead to an introduction to the prospect.

In summary, if you aren’t using LinkedIn for B2B sales, you are not using everything that is available to you.

What About The Process Of Outbound Calling?

You require a good process for outbound calling. The process is about selecting whom to call and relating it to your financial goals. its about understanding where in the sales process the calls fit in. Its about creating good scripts, its about tracking your response rates. And its about a myriad of other details which can make calling prospects effective and profitable.

To get a decent return on your investment, you must have a structure and tools in place. Otherwise, your time will be eaten up one minute at a time with just managing the process rather than using each minute for effective execution.

Its taken me a long time to learn about tele-marketing, what’s effective, and how to manage the process. There are some short cuts depending on what you want to do.

My good friend Marguerite Mcleod-Fleming runs a whole company called The Results Source dedicated to using the telephone for generating sales. Her company uses Canadians and Americans to call for setting appointments or inviting people to seminars or need that requires a conversation with a senior level executive. Her company can do the calls, train your staff, or setup the program for your internal management. For company’s requiring a high quality and reputable firm for lead generation of high end products, I highly recommend that you contact Marguerite and tell I sent you.

I don’t need these kinds of services and most of my readers don’t either. So Marguerite has created help for the rest of us.

Like myself, Marguerite believes strongly in contributing and sharing her expertise. She believes in giving is the best way to receive. Marguerite has created a white paper that is an excellent introduction to understanding how to setup your outbound telemarketing program.

Click here to receive the (free) white paper from Marguerite. While this white paper is primarily for companies selling a product worth more than $10,000 in value and has two or more direct sales representatives, it provides an excellent overview of the concept of telemarketing. Its quite excellent as it outlines a practical structure and approach both small and larger organizations can use to making telemarketing effective and practical. Her approach is based on understanding the model of marketing and how it applies to outbound sales calls.

Applying Marguerite’s approach and using a LinkedIn Social Network as a source of leads and prospects, creates a tremendous business opportunity for you.

I highly recommend that you download “Cold-Calling 2.0: The Next Generation of Prospecting”.

Another way to access Marguerite’s expertise is through Elite Gold Cold-Call Excellence Coaching program. You can sign up here, and for $10 you get a starter kit worth $347. It's perfect if you are not making the kinds of returns for the effort you are putting in

Till Next Month!

--Zale
Forward/Share This Article With Colleagues And Social Media:
Share/Save/Bookmark

Thursday, January 17, 2008

Survey shows half of online Canadians are members of Facebook


By ZALE TABAKMAN, TNNW Canadian Bureau Chief

In between the Facebook and LinkedIn were all the standard ones, MySpace (16%), MSNSpaces (16%), Hi5 (9%), and Friendster (3%).

These results reflect the Canadian personality and how Canadians view each other and the world. Understanding this view can help when networking with Canadians online and in person.

Another fascinating number is the percentage of people who had heard of Facebook and LinkedIn but were not interested in joining. For Facebook it was 30% but for LinkedIn at (22%) To look at the numbers a slightly different way, about a third of the people who knew about Facebook were not interested in joining, but about 75% of the people who had heard about LinkedIn were not interested in joining.

The report describes what people do in Facebook and other sites, the majority of which is some form of connecting with friends and making new friends. A small number of Facebook people use Facebook for business purposes (22%) but another group of people (38%) of people use it for developing or promoting their business. There were no statistics about how many people use the social network for career development. I am not sure if that is included in the developing or promoting their business or if the numbers were too small for statistical purposes.

These statistics are telling about the Canadian personality. Canadians are well known for apologizing when you bump into them. Bump into a Canadian and see what happens. Canadians. Canadians do not like aggressive people. (The most frequent expression I ever hear is “Zale!!! You Can’t Say That!!!”).

Canadians think it’s tacky to talk about money or to ask for an order. I was in a Flea Market the other day. Anybody who has been in a flea market understands the pure entrepreneurial spirit that exists there. It's in the air. But it was a Canadian flea market, it was unbelievable how polite people were. Nobody was trying to sell me anything, nobody even called out to us as we walked the isles. Compare my experience to walking down a New York City street or a souk in any part of Asia.

When trying to understand the numbers, it’s important to focus on the clearly different user experience on the sites. Facebook is social personal site with many ways of interacting with other members, but LinkedIn is all about business and a person’s resume. LinkedIn has no birthday nonsense nor places to post pictures of your son’s first tooth.

For a Canadian, putting their resume and all their accomplishments up for the world to see, is the essence of being aggressive and boisterous. But, to succeed in the LinkedIn world – you need to let everybody know about your accomplishments.

A few personal notes about LinkedIn.

I have created a lecture on the Seven Ways to Generate Business With LinkedIn. The first part of the lecture reviews different features of LinkedIn and how they can be used to generate business. The second part of the lecture explains seven common things that business people need to do and how LinkedIn can make it all happen. I think there in fact many more than seven ways described.

Sending me a LinkedIn invitation is now worth over 1,000,000 in your network. Yup, that is correct. My second level connections (which are your 3rd level) is over 1,000,000 people and growing daily. My profile is found at www.LinkedIn.com/in/ZaleTabakman.

You can review the Survey of Canadian usage of LinkedIn on Zinc Research.

Till Next Month!

--Zale
www.ZaleTabakman.ca


Forward/Share This Article With Colleagues And Social Media:
Share/Save/Bookmark

Sunday, December 09, 2007

My Vote For The Most Networked Person In Calgary Alberta

By Zale Tabakman, Canadian Bureau Chief
Zale's Bio Email article RSS feed Share on facebook

I met Craig through LinkedIn.com and he helped us with a project in Calgary that brought together all the major oil and gas associations to help address the lack of people in Calgary. The project was very successful with over 60 senior oil and gas executives attending. This is the kind of network Craig has in Calgary.

Craig is a Dadpreneur, which means he is a stay at home Dad three days a week while being the consummate entrepreneur. Craig’s core network is his 10,000 connections which he maintains and grows by about 1,000 connections a year. Craig is an early adopter of technology, one of the first several thousand on LinkedIn and full time user of Plaxo. Craig knows everything about using the technology to maintain and connect with a huge number of connections.

Craig’s passions (beside his family) is helping start-up entrepreneurs and promoting the Trigger-Based Selling™. Trigger based selling is about identifying key times when customers are ready to buy. You can find out more about Trigger Selling at Craig’s blog at www.Shiftselling.com.



Click for more...
Forward/Share This Article With Colleagues And Social Media:
Share/Save/Bookmark

Sunday, November 11, 2007

The Modern Networker

By Zale Tabakman, Canadian Bureau Chief Zale's Bio Email article RSS feed

This is an exciting article since it’s the 12th article I have written for the National Networker. I will have completed a full year of writing. It's an accomplishment since I didn’t think I would have anything to write about when I started.

With your permission, I would like to slightly away from normal structure of introducing a person who is doing some interesting networking in Canada. I am going to focus on The Modern Networker.

The Modern Networker loves people and loves to network. But what does it mean to network? The Modern Networker does what she can to make the world a better place.


Forward/Share This Article With Colleagues And Social Media:
Share/Save/Bookmark

Monday, April 02, 2007

What's New at TNNW

Regions

Headline Article: Jumping the Networking Shark, Part II. By ADAM J. KOVITZ
Canada: Facebook-Is it just for kids?. By ZALE TABAKMAN
New England: Two Events worth noting. By KATHY and LOUIS EMOND
Northern Plains: LuvNd? North Dakota Ambassadors. By JANE GREER

Departments

Career Transition: Being Found is Way More Effective Than Having to Find. By JASON ALBA
Real Estate: Magic Bullets! By TRACY PERCIVAL
Sales & Marketing: Relationship Marketing Lessons from an Internet Marketing Guru. By BILL DOERR
Social Networking: The Westchase Singles Club. By NANCY LAINE

Columns

NetBeing. By RON SUKENICK
Power Thought of the Week. By PATRICIA PARHAM, Ph.D.
Forward/Share This Article With Colleagues And Social Media:
Share/Save/Bookmark

Blog Archive

BNI News Feed

The Emergence of The Relationship Economy

The Emergence of The Relationship Economy
The Emergence of the Relationship Economy features TNNWC Founder, Adam J. Kovitz as a contributing author and contains some of his early work on The Laws of Relationship Capital. The book is available in hardcopy and e-book formats. With a forward written by Doc Searls (of Cluetrain Manifesto fame), it is considered a "must read" for anyone responsible for the strategic direction of their business. If you would like to purchase your own copy, please click the image above.

Knowledge@Wharton













Site Credits:


Featured in Alltop
ALLTOP Business
News Wire. HOT.
Cool Javascript codes for websites
KeepandShare.com(R)  Fabulous Free Calendars

Create FREE graphics at FlamingText.com