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Overcoming Friction in
                         Caelen King, CEO RevaHealth.com
    Web Based Sales
Who am I?

• CEO & Founder of RevaHealth.com

• VP Product at NewBay Software

• Product Marketing Manager for Baltimore Technology's
  flagship product line - UniCERT
Let's Make a Money Making Machine

• Create a network where consumers
  and suppliers come together

• Take a small % of the transaction in
  some way or another

• It's the classic Internet 'Create a
  Billionaire' model

• We were going to do it for healthcare

• Dream dream dream ...
It Didn't Work Out
Why?

• Our customers wouldn't buy
  from us

• They weren't used to buying
  marketing

• In fact they didn't buy anything
  online
Examples of Friction Online

    Company            Action              Friction          Resolution

                   Book meeting       I wanted to see the Booked direct with
 MeetingsBooker
                      Room                   room              hotel
                  Register Domain                         Sale delayed by 4
   Black Knight                         Difficult to use
                      Names                                     days
                                                            Used Escrow
    3rd Party      Domain Names          Lack of Trust
                                                              Service

     Twitter      Reply to message       Unavailable            None

                                                           Called and got
      123.ie      Buy car insurance         Price
                                                            better price
                                       Not used to buy
  Mick's Garage    Buy Roof rack                          Called to finalise
                                       car parts online
How do you overcome Friction?

• Remove it

• Increase desire

• Rearrange the friction so it doesn't
  interfere with maximum desire

• Add lubricant
Your Sales Team is The
             Lubricant
You can't lubricate
everything

• You could send
  someone out to their
  office to answer their
  every question

• But it is very, very
  expensive

• You don't put oil over
  your entire bicycle - you
  only put it on the bits
  that need it
Strategy

• Recognise the friction points

• Recognise the customer point of maximum desire

• You need to know when they happen and be able to
  apply lubrication immediately
Potential Customer Life Line - Where to add the
lube?
Potential Customer Life Line - Where to add the
lube?
Good Enough can be
Better

• This is still clumsy

• It doesn't capture the moment
  of peak desire

• The moment when the clinic
  books a patient

• Solution give them a CRM tool
  and let them tell you when they
  book a patient
Existing Customer
Life Cycle

• Now you have an established
  purchase method

• Friction point is every renewal

• Desire to overcome problem is
  low because investment is low

• Solution - If using a sales force
  as lubricant do annual / large
  sales
So I need Highrise?
• Auto generate tasks when
  tigger points in the web
  application are hit

• Use an API to put them into a
  contact management system

• WRONG
Full Scale CRM
Problems with a 3rd Party CRM

• Difficult to keep the databases in sync

• Once the sales team don't trust the data it's worse than
  useless

• Always either too heavy weight and or too lightweight

• For companies who's website is their customer database
  you should consider BYO
Conclusions

• Ideally remove & rearrange friction and increase desire so sales can be
  automated

• If not possible then use a sales force

• Effective use of sales force depends on timing

• Automate the recognition of trigger points and give the customer the
  ability to tell you when they are ready to purchase

• Create auditable tasks and reconciles against revenues

• In the same way that online marketing is metrics driven so should your
  sales force
Thank you for Listening
Slides are @ blog.revahealth.com
@revahealth
cking@revahealth.com

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Overcoming friction in web based sales

  • 1. Overcoming Friction in Caelen King, CEO RevaHealth.com Web Based Sales
  • 2. Who am I? • CEO & Founder of RevaHealth.com • VP Product at NewBay Software • Product Marketing Manager for Baltimore Technology's flagship product line - UniCERT
  • 3. Let's Make a Money Making Machine • Create a network where consumers and suppliers come together • Take a small % of the transaction in some way or another • It's the classic Internet 'Create a Billionaire' model • We were going to do it for healthcare • Dream dream dream ...
  • 5. Why? • Our customers wouldn't buy from us • They weren't used to buying marketing • In fact they didn't buy anything online
  • 6.
  • 7. Examples of Friction Online Company Action Friction Resolution Book meeting I wanted to see the Booked direct with MeetingsBooker Room room hotel Register Domain Sale delayed by 4 Black Knight Difficult to use Names days Used Escrow 3rd Party Domain Names Lack of Trust Service Twitter Reply to message Unavailable None Called and got 123.ie Buy car insurance Price better price Not used to buy Mick's Garage Buy Roof rack Called to finalise car parts online
  • 8. How do you overcome Friction? • Remove it • Increase desire • Rearrange the friction so it doesn't interfere with maximum desire • Add lubricant
  • 9. Your Sales Team is The Lubricant
  • 10. You can't lubricate everything • You could send someone out to their office to answer their every question • But it is very, very expensive • You don't put oil over your entire bicycle - you only put it on the bits that need it
  • 11. Strategy • Recognise the friction points • Recognise the customer point of maximum desire • You need to know when they happen and be able to apply lubrication immediately
  • 12. Potential Customer Life Line - Where to add the lube?
  • 13. Potential Customer Life Line - Where to add the lube?
  • 14. Good Enough can be Better • This is still clumsy • It doesn't capture the moment of peak desire • The moment when the clinic books a patient • Solution give them a CRM tool and let them tell you when they book a patient
  • 15. Existing Customer Life Cycle • Now you have an established purchase method • Friction point is every renewal • Desire to overcome problem is low because investment is low • Solution - If using a sales force as lubricant do annual / large sales
  • 16. So I need Highrise? • Auto generate tasks when tigger points in the web application are hit • Use an API to put them into a contact management system • WRONG
  • 18. Problems with a 3rd Party CRM • Difficult to keep the databases in sync • Once the sales team don't trust the data it's worse than useless • Always either too heavy weight and or too lightweight • For companies who's website is their customer database you should consider BYO
  • 19. Conclusions • Ideally remove & rearrange friction and increase desire so sales can be automated • If not possible then use a sales force • Effective use of sales force depends on timing • Automate the recognition of trigger points and give the customer the ability to tell you when they are ready to purchase • Create auditable tasks and reconciles against revenues • In the same way that online marketing is metrics driven so should your sales force
  • 20. Thank you for Listening Slides are @ blog.revahealth.com @revahealth cking@revahealth.com