AZEd Pro Tracking Your Results: One Campaign and Lead at A Time
About The Presenter
Jennifer Delaporte
Business Development Manager
Graycor Construction Company, Inc.
480-225-5094
(C) Jennifer Delaporte, 2017
About The Presenter
Retail and Entertainment Office Hospitality and Lodging Industrial: Distribution Centers, Manufacturing and Cold
Storage
Tracking Your Progress
Establish Your Best Competitive Positioning
Define Your Brand
Develop A Corporate Identity
Establish Who Will Hear You Best
Plan, Budget and Track for Success
What Comes Next….. and Every Interaction After That
(C) Jennifer Delaporte, 2017
THE POWER OF THREE
SALES is selling directly to an end customer.
MARKETING is influencing that buying decision.
BUSINESS DEVELOPMENT is creating partners and advocates for your product, when you are not in the room.
(C) Jennifer Delaporte, 2017
THE POWER OF A NETWORK
Simply stated, the function of sales is to sell directly to the end customer. The function of business development is to work through partners to sell to the end customer, in scalable way.
Andrew Dumont
http://andrewdumont.me/the-difference-between-sales-and-business-development
(C) Jennifer Delaporte, 2017
What is The Difference
Sales• Trade Shows
• 1:1 Client Visits
• Business Tours
Marketing• Marketing
Materials
• Website
• Contests, Promotions
Business Development• Site Selectors
• Industry Organizations
• Providers
(C) Jennifer Delaporte, 2017
Your client recruitment approach can be:• Passive• Active
(C) Jennifer Delaporte, 2017
To truly be effective, your efforts must be: • Consistent• Purposeful• Always in Support of Your Brand Indentity• Legally Compliant
The benefit you provide in the marketplacethat becomes the basis
for every customer interaction.
The Most Successful market positioning:
• Based on research
• Driven by your VALUE PROPOSITION
(C) Jennifer Delaporte, 2017
TYPES OF VALUE PROPOSITIONS
(C) Jennifer Delaporte, 2017
• Typically Driven By Price• Improving their operations provides for
increased revenue
Operational Excellence
• Typically driven by the customer experience• Improving their relationship provides for
increased revenue
Customer Intimacy
• Typically driven by product improvements• Improving their product offering and
uniqueness provides for increased revenue
Product Innovation
PRIVATE SECTOR EXAMPLES OF VALUE PROPOSITIONS
(C) Jennifer Delaporte, 2017
• Walmart• KB Homes• QT• Kia
Operational Excellence
• Target• Fulton Homes• Starbucks• Lexus
Customer Intimacy
• AJ’s Finer Foods• Del Webb• Gevalia• BMW
Product Innovation
ECONOMIC DEVELOPMENT OFFERINGS IN SUPPORT OF A VALUE PROPOSITION
(C) Jennifer Delaporte, 2017
• Cost of doing business is low: fees, space rental rates, utility costs
Operational Excellence
• Architect pre-certification program• Streamlined zoning process
Customer Intimacy
• Shovel ready sites• Codes that allow for cutting edge design:
higher clear heights, Google cable
Product Innovation
VALUE PROPOSITIONS ARE NEVER:
• Advertised to the client as a feature or benefit
• Ignored to achieve an immediate payoff orpromotional edge
(C) Jennifer Delaporte, 2017
EXERCISE: DEFINING YOUR VALUE PROPOSITION
The primary value proposition resides at the heart of every customer interaction and the secondary vale proposition
offers additional clarification.
Our primary VALUE PROPOSITION is: ______________
Our secondary value proposition is: _______________
(C) Jennifer Delaporte, 2017
DEFINING YOUR VALUE PROPOSITION
Our primary VALUE PROPOSITION is: ______________
Our secondary value proposition is: _______________
These should be documented and shared with all members of the staff.
Are they congruent with your best positioning in the market and can you deliver on them everyday?
(C) Jennifer Delaporte, 2017
Your VALUE PROPOSITION drives your messages
Brand Personality
The way a customer describes an
interaction with you.
WIIFM What’s In It For Me
Brand Equity The amount of time,
effort or money a customer is willing to spend to do business
with you.
(C) Jennifer Delaporte, 2017
How many leads are you working with at this exact moment?
(C) Jennifer Delaporte, 2017
A Good Marketing Plan Aligns With Your Sales Funnel
(C) Jennifer Delaporte, 2017
LEADS
PROSPECTS
CUSTOMERS
(C) Jennifer Delaporte, 2017
LEADS
PROSPECTS
CUSTOMERS
REFERRALS
Residents,Council,Partners
ALWAYS BASE YOUR CAMPAIGNS ON A
DOCUMENTED SALES FUNNEL AND MARKETING PLAN
Should be database driven
Offers baseline reporting and tracking
Sets clear benchmarks
Creates knowledge of your metrics
Allows for ongoing testing and improvement
(C) Jennifer Delaporte, 2017
ALWAYS BASE YOUR CAMPAIGNS ON A
DOCUMENTED SALES FUNNEL AND MARKETING PLAN
A Marketing Budget and Plan outlines: Who is the target audience? What is the delivery method? What is the projected cost? What is the timing? What is the recurring frequency? What is the call to action? What is the response mechanism? How will you track it? What is the goal?
Planning allows for: Best Tracking
Best Results
Best Customer Experience
Best Budgeting
Consistent Brand Personality
(C) Jennifer Delaporte, 2017
TRACK YOUR RESULTS
300
5
5
3
3
1
Lead ClientProspect
Sent a direct mail out to
Registered on your landing
page
Sent an email to follow up
Responded to your email
and purchased
(C) Jennifer Delaporte, 2017
1.6% Response
Rate
60% Conversion
Rate
33% Conversion
Rate
TRACK YOUR RESULTS
500
20
20
3
3
1
Lead ClientProspect
Attended A Trade Show
Registered on your landing
page
Sent an email to follow up
Responded to your email
and agreed to FAM Tour
(C) Jennifer Delaporte, 2017
4% Response Rate
15% Conversion
Rate
33% Conversion
Rate
How do we lose people from the Sales Funnel
Do they have financing?
Did they make a move… are you sure?
Didn’t connect or understand yo
Your brand personality needs to be consistent
Most likely, not advanced enough in the sales process
(C) Jennifer Delaporte, 2017
How do we lose people from the Sales Funnel
Seepage
Deflection
(C) Jennifer Delaporte, 2017
The Triple Threat
Robust Database
Documented
Sales Funnel
Marketing Plan and Budget
Driven By your Value
Propositions
(C) Jennifer Delaporte, 2017
Q & AJennifer Delaporte
Business Development Manager
Graycor Construction Company, Inc.
480-225-5094
(C) Jennifer Delaporte, 2017