Where should the emphasis be?
It's a new year and if you're like the nice person I just talked to, you may be struggling with where to put the emphasis in your growth plans, on sales or marketing. Specifically, whether or not it makes sense to outsource help for marketing or sales.
To help, I am sharing a slightly updated version of my "Marketing or Sales Focus" graphic:

It's easy to follow. The Y axis has focus going from low to high. The X axis ranges from emphasizing marketing on the left and sales on the right. Underneath, consider each of the ranking criteria from 1 on the left, to 10 on the right. Then start asking questions.
- On a scale of 1 to 10, are our customers more price oriented, or resulted oriented?
- On a scale of 1 to 10, does our customer's decision process require a few people, or are there multiple people involved?
And so on.
There are a maximum of 60 points on the scale. If you're in the 40-60 range, emphasize sales training (opportunity development and decision making), if you score under 20, emphasize marketing training (awareness, positioning). The tricky part is when you're in the middle, 21-39. There are no easy answers but with a few more questions we can make a good decision to lean one way or the other.
It's the approach I take when troubleshooting growth plans because it speeds up results. Sometimes you need more face-to-face interactions or improved interactions. Sometimes you need to focus on your messaging and getting the word out.
Ultimately, you'll need to do both, but it works best to lean one way or the other.
Good stuff.
|