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….RECRUITING/HIRING, LEADERSHIP
DEVELOPMENT, EFFECTIVE TEAMS
AND WORLD CLASS RESULTS
BUILDING THE
ULTIMATE REVENUE
TEAM
MIKE HUMES - CEO
JULY 20, 2013
Business Planning
1) Goals/Objectives
2) Strategies
3) Tactics
Same applies to organization, departments and
individuals.
“What you Measure you Accomplish”
APPLY METRICS WHEREVER AND WHENEVER
POSSIBLE.
Fan Relationship Development
1. Know The Fan
2. Communicate with the Fan
3. Keep the Fan
4. Grow with the Fan
 Create a Fan-Focused
Culture
Retention
“Create an emotional connection with our fans”
Increase loyalty of existing customers, which
creates:
• Reduced dependency on “low price” as a
marketing strategy
• Decrease costs incurred in an effort to
acquire new business
• Increased efficiency created by familiarity
with customers needs
• Increased margins, higher profits and a
greater market share
Consumer Model
1) Trial
2) Acquisition
3) Maximization
4) Retention
Monetize Your Business
• Understand and Improve Customer Lifetime
Value
• Customer Up-Sell and Cross-Sell Correlations
• Improve Customer Satisfaction and Build
Loyalty
• Acquire Profitable New Customers
• Recognize, Target and Replace Former
Customers
• Maximize the Value of Each Customer
• Reduce Churn
Consumer Segmentation
• WHAT
Research
• WHO
Targeting Methodology
• HOW
Creative Execution and media strategy
Targeting Filters
• Current Segment Size
• Motivators
• Segment Growth Potential
• Media Behavior
• Demographics
• Psychographics
A Sales Organization
Big Concepts
1) As managers we choose everyday if
we will be a mentor or tormentor to
our sales team.
2) Manager + Mentor = Sales Leader
3) Salespeople HAVE to work for Sales
Managers. They WANT to work for
sales leaders.
30 Steps to Your Sales Success
1. Effort
2. Preparation
3. Education
4. Training
5. Practice
6. Presentation
7. Knowledge
8. Questions
9. Sell benefits
10.Time
management
11.Ask for the order
12.No?
13.Deadlines
14.Follow-up
15.Correspondence
30 Steps to Your Sales Success
16. Customer service
17. Know your
competition
18. Assume the sale
19. Success sells
20. Enthusiasm
21. Relationships
22. Goals
23. Teamwork
24. Ask yourself if you
were at the other
end of the
presentation –
would you buy?
25. Most difficult
prospects are the
best customers
30 Steps to Your Sales Success
26. Mentoring
27. Surround yourself with successful
people
28. Don’t make promises you can’t or
don’t intend to keep
29. One final call
30. Exercise
HIRE THE RIGHT PEOPLE - DUH
• Hire for enthusiasm. Promote for
enthusiasm. Cherish enthusiasm.
REMOVE NON- ENTHUSIASTS—
THEY ARE CANCERS. “Nothing is so
contagious as enthusiasm.”
HIRE THE RIGHT PEOPLE - DUH
• Non-Winners – On a scale of 1 to10, rate
between 1 and 3...don’t take risks, don’t try
new things, don’t try to meet new
people…will call on their current
customers, won’t seek new ones. Won’t
push their current customers to buy
more…resist trying to convince them to try
your newest products/services…don’t want
to be seen as salespeople…need to be
liked…Avoid them at all costs!
HIRE THE RIGHT PEOPLE - DUH
• At-Leasters – Most fall into this
category…rate between 4 and 6 on the
scale…will do enough to keep the their
jobs and maintain their lifestyle, but that’s
about it…If they need to earn $40,000 to
maintain their lifestyle they
will…performance will fall off once they
reach that…don’t have the ambition, drive
or desire to grab for the brass ring.
HIRE THE RIGHT PEOPLE - DUH
• The Winners –rate 7 to 10 on the
scale…not satisfied with the status
quo…want to make it happen…don’t
make excuses…perform whether the
economy is good or bad…will sell the
company’s newest
products/services…will fight to maintain
your profit margins...these are the people
you must hire in order to build a winning
sales organization.
Ask yourself …………..
• Are they articulate?
• What type of presence do they project?
• Are they building rapport?
• Do they project warmth and sincerity?
• Do they have a professional
appearance?
• Do they have the skills you require?
• Do their past selling experiences match
your needs?
• How much have they earned in the past?
Beyond hiring great people
• Hire those that will work well together
• Shared vision and commitment
• Physically together – open discussion
• Encourage positive, informal interactions
• Instilling a winning attitude organization
wide
• Eliminate jealousy, cynicism and defensive
behavior
Leadership Development
• Passion – do what you love, love what
you do
• Respect – make people your priority
• Vision – clearly communicate the future
• Humanity – its not about the paycheck
• Curiosity – look, listen and learn
• Integrity – honesty above all, to all
• Pragmatism – know what you don’t know
Get „em to buy in
• Your vision for the future
• Your strategy for getting there
• Why is this the best strategy
• Recognize and share every achievement
• Constant reminder what you stand for
and that the future is bright
Get „em to work together
• Involve them in the hiring process
• Assign projects for team members to work
on together
• Close proximity of offices
• Create incentive-pay plan common goals
• Part of salary review based upon
interaction with others
• Off site formally and informally
BUILD THE WINNING TEAM
• EVERYONE WANTS TO FEEL THEY ARE ON
A WINNING TEAM, THAT THE COMPANY IS
MOVING AHEAD. AND THAT THEY ARE AN
INTEGRAL PART OF THE GROUP
THE CREED OF THE CHAMPION
I never see failure as failure (rejection as
rejection) but only as….
1. A learning experience
2. The negative feedback I need to change
course of my direction
3. The opportunity to develop my sense of
humor
4. An opportunity to practice my techniques
and perfect my performance
5. The game I must play to win
25 NUGGETS TO CHEW ON
Good listeners are good sales people.
Period…Lousy listeners are lousy sales people.
Period.
GREAT LISTENERS ARE GREAT SALES
PEOPLE. (Listening “skills” are hard to learn
and are subject to immense effort in pursuit of
Mastery. A virtuoso“listener” is as rare as a
virtuoso cello player.)
“If you don‟t listen, you don‟t sell anything.”—
Carolyn Marland, MD/Guardian Group
The Gold Standard in selling: be
INDISPENSABLE to the Client. No other goal is
worthy.
Never stop growing-broadening-deepening the
relationship. The key to “indispensability” is to
get the Client more and more … and more …
and then more … imbedded in “our” web.Hence
the so-called “selling process” is only the first
step!
USE THE WORD “WE” … CONSTANTLY &
RELIGIOUSLY!
Shit happens. That’s what they pay you for.
This is not a “GE” or “Ben & Jerry’s” sale—it is a
Joe Jones/Jane Jones sale. YOU ARE THE
“BRAND” THE CLIENT BUYS —especially over
the long haul.
Duh: You make money, the company makes
money, on repeat business.
Master—yes, you—the “PR” Game. “Word of
Mouth” is not accidental! You want Word of Mouth?
Make it happen!
PAY YOUR DUES IN THE CLIENT ORG
AND IN YOUR OWN ORG!
YOU MUST LOVE THE PRODUCT!
The point is not to “prove yourself.” (That‟s
ego-talk.) Let the best person present to the
Client. “Control freaks” get their just
desserts in the long haul—or sooner.”
GOAL #1: MAKE YOUR CLIENT A HERO—
YOU ARE NOT THERE TO GET CREDIT.
(“Taking credit” is for ego-maniacs. And
losers.)
Don’t short-change (time, money, depth) the
proposal process. Miss one tiny nuance, one
potential incentive that “makes my day” for a
key Client player—and watch the whole gig be
torpedoed.
Is the proposal-sales team weird enough…weirdos
come up with the most interesting, game-changer
ideas. Period.
Lunch with at least one weirdo per month.
(Goal: always on the prowl for interesting new
stuff.)
Gratuitous comment: Lunches with good friends
are typically a waste of (professional) time.
“Sticking with it” sometimes pays, sometimes
not—it takes a lot of tries to forge the best path
in. Sometimes you never do, after a literal
lifetime. (Ah, life.)
Work like hell on :
LISTENING/INTERVIEWING, PRESENTING.
These are “the essence of [sales] life”—and
usually picked up in an amateurish, catch-as-
catch-can fashion. Mistake! (Become a
“professional student” of these two areas, achieve
Mastery.)
Are you good at flowers? Think: FLOWER
POWER! ” what you should know about a Client;
e.g., birthdays & anniversaries. My “flowers
budget” is out of control. Hooray
You can‟t do it all—be clear at what you are
good at, bad at, indifferent at. Hubris sucks.
 Think “legacy”—what the hell is all this really about for
you and the world? (“Tell me, what is it you plan to do
with your one wild and precious life?”—Mary Oliver)
 THERE ARE NO “MODERATES” IN THE HISTORY
BOOKS!
 Keep it simple! (Damn it!) No matter how
“sophisticated” the product. If you can’t explain it in a
phrase, a page, or to your 14-year-old ... You haven’t
got it right yet.
 Know more than the next guy. Homework pays. (Of
course it’s so obvious)
“THE DANGER FOR MOST OF US IS NOT
THAT OUR AIM IS TOO HIGH AND THAT WE
MISS IT, BUT TOO LOW AND WE REACH IT”
- Michelangelo
“EVERYONE LIVES BY SELLING
SOMETHING” — Robert Louis Stevenson
Mike Humes
CEO
mikekhumes@gmail.com
http://about.me/mikekhumes

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Presentation to American Advertsing Federation July 20 13

  • 1. ….RECRUITING/HIRING, LEADERSHIP DEVELOPMENT, EFFECTIVE TEAMS AND WORLD CLASS RESULTS BUILDING THE ULTIMATE REVENUE TEAM MIKE HUMES - CEO JULY 20, 2013
  • 2.
  • 3. Business Planning 1) Goals/Objectives 2) Strategies 3) Tactics Same applies to organization, departments and individuals. “What you Measure you Accomplish” APPLY METRICS WHEREVER AND WHENEVER POSSIBLE.
  • 4. Fan Relationship Development 1. Know The Fan 2. Communicate with the Fan 3. Keep the Fan 4. Grow with the Fan  Create a Fan-Focused Culture
  • 5. Retention “Create an emotional connection with our fans” Increase loyalty of existing customers, which creates: • Reduced dependency on “low price” as a marketing strategy • Decrease costs incurred in an effort to acquire new business • Increased efficiency created by familiarity with customers needs • Increased margins, higher profits and a greater market share
  • 6. Consumer Model 1) Trial 2) Acquisition 3) Maximization 4) Retention
  • 7. Monetize Your Business • Understand and Improve Customer Lifetime Value • Customer Up-Sell and Cross-Sell Correlations • Improve Customer Satisfaction and Build Loyalty • Acquire Profitable New Customers • Recognize, Target and Replace Former Customers • Maximize the Value of Each Customer • Reduce Churn
  • 8. Consumer Segmentation • WHAT Research • WHO Targeting Methodology • HOW Creative Execution and media strategy
  • 9. Targeting Filters • Current Segment Size • Motivators • Segment Growth Potential • Media Behavior • Demographics • Psychographics
  • 10. A Sales Organization Big Concepts 1) As managers we choose everyday if we will be a mentor or tormentor to our sales team. 2) Manager + Mentor = Sales Leader 3) Salespeople HAVE to work for Sales Managers. They WANT to work for sales leaders.
  • 11. 30 Steps to Your Sales Success 1. Effort 2. Preparation 3. Education 4. Training 5. Practice 6. Presentation 7. Knowledge 8. Questions 9. Sell benefits 10.Time management 11.Ask for the order 12.No? 13.Deadlines 14.Follow-up 15.Correspondence
  • 12. 30 Steps to Your Sales Success 16. Customer service 17. Know your competition 18. Assume the sale 19. Success sells 20. Enthusiasm 21. Relationships 22. Goals 23. Teamwork 24. Ask yourself if you were at the other end of the presentation – would you buy? 25. Most difficult prospects are the best customers
  • 13. 30 Steps to Your Sales Success 26. Mentoring 27. Surround yourself with successful people 28. Don’t make promises you can’t or don’t intend to keep 29. One final call 30. Exercise
  • 14. HIRE THE RIGHT PEOPLE - DUH • Hire for enthusiasm. Promote for enthusiasm. Cherish enthusiasm. REMOVE NON- ENTHUSIASTS— THEY ARE CANCERS. “Nothing is so contagious as enthusiasm.”
  • 15. HIRE THE RIGHT PEOPLE - DUH • Non-Winners – On a scale of 1 to10, rate between 1 and 3...don’t take risks, don’t try new things, don’t try to meet new people…will call on their current customers, won’t seek new ones. Won’t push their current customers to buy more…resist trying to convince them to try your newest products/services…don’t want to be seen as salespeople…need to be liked…Avoid them at all costs!
  • 16. HIRE THE RIGHT PEOPLE - DUH • At-Leasters – Most fall into this category…rate between 4 and 6 on the scale…will do enough to keep the their jobs and maintain their lifestyle, but that’s about it…If they need to earn $40,000 to maintain their lifestyle they will…performance will fall off once they reach that…don’t have the ambition, drive or desire to grab for the brass ring.
  • 17. HIRE THE RIGHT PEOPLE - DUH • The Winners –rate 7 to 10 on the scale…not satisfied with the status quo…want to make it happen…don’t make excuses…perform whether the economy is good or bad…will sell the company’s newest products/services…will fight to maintain your profit margins...these are the people you must hire in order to build a winning sales organization.
  • 18. Ask yourself ………….. • Are they articulate? • What type of presence do they project? • Are they building rapport? • Do they project warmth and sincerity? • Do they have a professional appearance? • Do they have the skills you require? • Do their past selling experiences match your needs? • How much have they earned in the past?
  • 19. Beyond hiring great people • Hire those that will work well together • Shared vision and commitment • Physically together – open discussion • Encourage positive, informal interactions • Instilling a winning attitude organization wide • Eliminate jealousy, cynicism and defensive behavior
  • 20. Leadership Development • Passion – do what you love, love what you do • Respect – make people your priority • Vision – clearly communicate the future • Humanity – its not about the paycheck • Curiosity – look, listen and learn • Integrity – honesty above all, to all • Pragmatism – know what you don’t know
  • 21. Get „em to buy in • Your vision for the future • Your strategy for getting there • Why is this the best strategy • Recognize and share every achievement • Constant reminder what you stand for and that the future is bright
  • 22. Get „em to work together • Involve them in the hiring process • Assign projects for team members to work on together • Close proximity of offices • Create incentive-pay plan common goals • Part of salary review based upon interaction with others • Off site formally and informally
  • 23. BUILD THE WINNING TEAM • EVERYONE WANTS TO FEEL THEY ARE ON A WINNING TEAM, THAT THE COMPANY IS MOVING AHEAD. AND THAT THEY ARE AN INTEGRAL PART OF THE GROUP
  • 24. THE CREED OF THE CHAMPION I never see failure as failure (rejection as rejection) but only as…. 1. A learning experience 2. The negative feedback I need to change course of my direction 3. The opportunity to develop my sense of humor 4. An opportunity to practice my techniques and perfect my performance 5. The game I must play to win
  • 25. 25 NUGGETS TO CHEW ON Good listeners are good sales people. Period…Lousy listeners are lousy sales people. Period. GREAT LISTENERS ARE GREAT SALES PEOPLE. (Listening “skills” are hard to learn and are subject to immense effort in pursuit of Mastery. A virtuoso“listener” is as rare as a virtuoso cello player.) “If you don‟t listen, you don‟t sell anything.”— Carolyn Marland, MD/Guardian Group
  • 26. The Gold Standard in selling: be INDISPENSABLE to the Client. No other goal is worthy. Never stop growing-broadening-deepening the relationship. The key to “indispensability” is to get the Client more and more … and more … and then more … imbedded in “our” web.Hence the so-called “selling process” is only the first step! USE THE WORD “WE” … CONSTANTLY & RELIGIOUSLY!
  • 27. Shit happens. That’s what they pay you for. This is not a “GE” or “Ben & Jerry’s” sale—it is a Joe Jones/Jane Jones sale. YOU ARE THE “BRAND” THE CLIENT BUYS —especially over the long haul. Duh: You make money, the company makes money, on repeat business. Master—yes, you—the “PR” Game. “Word of Mouth” is not accidental! You want Word of Mouth? Make it happen!
  • 28. PAY YOUR DUES IN THE CLIENT ORG AND IN YOUR OWN ORG! YOU MUST LOVE THE PRODUCT! The point is not to “prove yourself.” (That‟s ego-talk.) Let the best person present to the Client. “Control freaks” get their just desserts in the long haul—or sooner.”
  • 29. GOAL #1: MAKE YOUR CLIENT A HERO— YOU ARE NOT THERE TO GET CREDIT. (“Taking credit” is for ego-maniacs. And losers.) Don’t short-change (time, money, depth) the proposal process. Miss one tiny nuance, one potential incentive that “makes my day” for a key Client player—and watch the whole gig be torpedoed.
  • 30. Is the proposal-sales team weird enough…weirdos come up with the most interesting, game-changer ideas. Period. Lunch with at least one weirdo per month. (Goal: always on the prowl for interesting new stuff.) Gratuitous comment: Lunches with good friends are typically a waste of (professional) time. “Sticking with it” sometimes pays, sometimes not—it takes a lot of tries to forge the best path in. Sometimes you never do, after a literal lifetime. (Ah, life.)
  • 31. Work like hell on : LISTENING/INTERVIEWING, PRESENTING. These are “the essence of [sales] life”—and usually picked up in an amateurish, catch-as- catch-can fashion. Mistake! (Become a “professional student” of these two areas, achieve Mastery.) Are you good at flowers? Think: FLOWER POWER! ” what you should know about a Client; e.g., birthdays & anniversaries. My “flowers budget” is out of control. Hooray You can‟t do it all—be clear at what you are good at, bad at, indifferent at. Hubris sucks.
  • 32.  Think “legacy”—what the hell is all this really about for you and the world? (“Tell me, what is it you plan to do with your one wild and precious life?”—Mary Oliver)  THERE ARE NO “MODERATES” IN THE HISTORY BOOKS!  Keep it simple! (Damn it!) No matter how “sophisticated” the product. If you can’t explain it in a phrase, a page, or to your 14-year-old ... You haven’t got it right yet.  Know more than the next guy. Homework pays. (Of course it’s so obvious)
  • 33. “THE DANGER FOR MOST OF US IS NOT THAT OUR AIM IS TOO HIGH AND THAT WE MISS IT, BUT TOO LOW AND WE REACH IT” - Michelangelo “EVERYONE LIVES BY SELLING SOMETHING” — Robert Louis Stevenson