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MenuHow do we improve the credibility of our company?
Answers
You need leverage.
The objection "you might not be around in awhile" is semi-valid but not a deal-killer. Something else was missed.
"So are you saying you would NEVER, under any circumstances, work with a company less than a year old?"
I'd go back to prospects who have turned you down and ask for open, honest feedback. Tell them it doesn't matter now, since they said no anyway, meaning it's not going to hurt your ego and you really want to know the real reason.
In future presentations, don't bring up the age of your firm.
Have a proven industry spokesperson endorse you.
Develop a ton of content that shows you are in the field, are known by other people in it, and are at the forefront of whatever it is you do.
And make sure your SaaS really does solve a HUGE problem for your market.
Why does your marketplace--not YOU--say they need it?
Remember that your customers survived to this point without it. Why should they change? There are many other sales process factors that we cannot see from the outside here.
I've growth hacked my way to creating multiple well-branded businesses that have credibility before our first sale was even made. I call it "social proof" and I can help you achieve that so you can confidently approach large customers without looking like the small guy. I'll give you actionable items to execute that will put you into the position to sell, so no one thinks you're working in a garage.
If our call is not effective, I'll refund your money. I'm harder on myself than you'll be. I will also coach you via email as much as you need - I love helping entrepreneurs.
Two of my favorite Mark Cuban lines:
"You have to crawl before you ball" and "Sales cure all."
Go after smaller clients that are easier wins. Deliver an excellent product and service, and collect testimonials. When you approach the bigger clients, your real target, you'll have the proof larger clients want to see (a long and growing client list and other people's words). Put in a little extra work and show some patience and you'll get there.
Its all about how you show up. Yes you are "likeable" but are you credible? There are so many factors to consider, here are a few to get you thinking:
>Are you positioning your product to the right customer?
>If so, is your pricing to high or too low?
>How does your product vary from your competitors/do you offer a higher level of service or quality?
>What VALUE do you bring to the table?
I can go on and on! The Direct Sales Industry is highly competitive these days. I consult with a few that are doing well and just under 3 years of business. But they're doing it right! Most of the times it is minor tweaks that will catapult you forward. Sorry to be so broad but hopefully this gets you thinking in the right direction. Would love to help further but need more details. Best of luck!
Don't worry about it if you are 2 guys in a garage companies want solutions not someone in an over priced office.
What is unique about what you will do for your customers that the competitors wouldn't or better yet can"t?
Who can you team up with that would put you above your competition? Don't worry if they will take 1/2 your income they will produce, pay them, 1/2 of something is better than all of nothing.
Call and let's brain storm this and see what can get you off the ground to some profits, maybe it's me that could do the job, thanks....Ken Queen IncomeForBabyBoomers.com
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Whats the best way to find commission sales reps?
This is not my specialty, however, I have been in your position many many times -- maybe this will help. If the product is in-tangible, then look for JV partners on the Internet. Try to find an expert that deals with these JV opportunities (like me). If the product is physical, then look for sales organizations that have networks of sales people across the country. You do the deal with the organization and the independent network of sales people sells your product. It's a sweet setup if you can negotiate a margin that works for everyone. Hope that helps - Cheers - NickNP
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How can a small offshore development company find companies/software sales people to sell their service in the US/UK?
My company does a lot of consulting with offshore firms who are looking for a way to generate new business, so I hear this question a lot. My first reaction is that you need to totally reverse your mindset when you talk about your own company. You mentioned that you have: a great software developers team, proven track record, passion, real value But, everyone says that. There a 10,000 companies that have those things, so a customer isn't going to notice it. You need to figure out what your company is best at (doesn't have to be technical) and present it as a solution to a specific problem that clients have. Maybe a speciality, or really good project management, really good communications, a special expertise or experience, a personality, experience with a certain type of client.. really anything.. But, there must be some thing that makes your company 'special' otherwise you will be lost in the mix. Don't worry about things like rates, or the fact that you have 'great' developers. Those are generic. Think about why a client would really choose you, and try to build on that! After you understand your company identity, it gets much easier to identify and engage marketing channels because you understand your target.DH
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Startup Looking To Hire First Sales Employee - And completely lost. Any advice on compensation structure (benefits?), items that need to be in place?
Instead of repeating the wisdom of others, I'll link to it below. Here is a great blog post on hiring your first salesperson: http://tomtunguz.com/when-to-hire-a-salesperson Also, Mark Suster has written a ton of great post on his blog about startup sales. http://www.bothsidesofthetable.com/on-selling/CH
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