The Acelera Group

Customer Acquisition Strategies that Work )
 December 3rd, 2002 Accelerating the Growth of Business 
In this issue
  • Five Drills for Business Success
  • Marketing and Sales ROI
  • Upcoming Topics
  • Links

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    We recently asked for feedback on the Acelera Group newsletter. While our readers are split on how often they want to receive the newsletter, one message did come through loud and clear - give us more actionable marketing and sales ideas!

    As a result, we're changing the newsletter a bit. In addition to our feature article, we're introducing a second regular discussion in which we'll highlight marketing and sales activities that offer direct, measurable results.

    Five Drills for Business Success
    We asked the attendees of our recent Revenue BootCamp how they are accomplishing the following:
    • Connecting with the "best" prospects
    • Communicating the value proposition
    • Improving sales performance and productivity

    Perhaps only successful people attended our Revenue BootCamp...but we heard no whining about the economy. We did discuss five great tactics for growing business. Here are three of our favorites from the BootCamp:

    • Target fewer prospects. Wow! This sure sounds counter-intuitive, but it works.
    • Give up the price game. In this difficult economy, it's "easy" to try to win a deal on the basis of price...but even if you do win a deal you lose.
    • Think outside the box. In this age of instant complete information, Internet auctions and who knows what else, you have to think about different ways of doing things.

    To learn more about these tactics and others, please read the full article on our website.

    And think about joining us at our next Revenue BootCamp on January 21st!

    Five drills for business success... »

    Marketing and Sales ROI
    Direct marketing today is less a game of numbers and increasingly a game of details. Two years ago a company could invest $100K in a broad direct mail campaign to 2,000 or 10,000 recipients...today most companies aren't investing that kind of money for a year's worth of direct mail!

    Today, the name of the game is focus. Targeted direct mail campaigns deliver results. The fewer high quality names in a given campaign, the better...as long as the follow up mechanism works.!

    An Effective Post Card Mailing

    An IT services firm targeted 250 pharmaceutical companies with a four part postcard campaign. Each postcard, sent approximately 3-5 days apart, had a simple (and related) statement of value proposition, with the last card promising a follow up.

    The company sent the postcards in batches of 50, allowing sales people to follow up shortly after the hand-selected recipients had received the last of the series.

    • The costs of the campaign, including printing, postage, and external campaign development, barely broke $1,500.
    • Results: Sales reps had conversations with 39 prospects, almost a 15% response rate, and 10 of these prospects agreed to a follow up discussion.

    This firm expects to close 1-2 of these prospects for initial contracts valued at $100-$200K, and further expects to remain in contact with another 8-10 leading to 2-3 additional engagements over the next 18 months.

    $200-$500K of identified new business. Not bad for a $1500 investment, two days of staff time and approximately 10 days of sales time!

    Upcoming Topics
    Next issue we'll explore the question:

    New Year Marketing and Sales Resolutions - will your marketing and sales processes help you reach your new year's goals?

    And to help us with future topics...what are the key marketing and sales issues facing your organization?

    Talk with us about your key issues... »

    Links
    Upcoming Events - An exclusive listing of the "best" events in the Boston area. Make sure you're networking with the "right" people to help you grow your business.

    Subscription Information - To modify your subscription information or to send a sample newsletter to a colleague.

    Recent Articles - Recent Acelera Group articles on sales, marketing and partnering issues.

    About the Acelera Group - For more information on the Acelera Group and how we assist technology companies in growing their business more quickly and profitably.

    Contact Us - To inquire about how we can assist your organization. Or feel free to call us at 617.737.7100.