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© AIPMM 2013
AIPMM Webinar Series
www.aipmm.com
© AIPMM 2013
© AIPMM 2013
Association of International Product Marketing and
Management
• With members in over 65 countries, the AIPMM is the
worldwide certifying body of product team professionals
• The only organization that addresses the entire product life
cycle (inception to obsolescence) throughout any industry
• Presently has offerings in North America, Europe, Middle East,
Australia and Southeast Asia
• Membership benefits include eligibility for the certification
programs, discounts to AIPMM events, and access to the
career center, peer forums, tools, templates and publications
The Hub Of All Things Product Management
© AIPMM 2013
AIPMM Certifications
AIPMM offers globally recognized certifications:
• Certified Product Manager (CPM®)
• Certified Product Marketing Manager
(CPMM®)
• Agile Certified Product Manager (ACPM®)
• Certified Innovation Leader (CIL®)
• Certified Brand Manager (CBM®)
© AIPMM 2013
AIPMM: @AIPMM
Tom Evans: @compellingpm
Hector Del Castillo: @hmdelcastillo
Tweet!
© AIPMM 2013
Participate and Win!
• One lucky winner will a free copy of the
Guide to the Product Management and
Marketing Body of Knowledge (ProdBOK®)
© AIPMM 2013
Today’s Speaker
Moderator:
Hector Del Castillo, CPM, CPMM, PMP
Presenter:
Tom Evans, CPM, CPMM
Compelling PM
tevans@compellingpm.com
@CompellingPM
www.compellingpm.com
How to Create Effective Sales &
Marketing Tools That Actually Get
Used By Sales and Prospects!
Tom Evans
CompellingPM
@compellingpm
Copyright 2013. The Lûcrum Group, Inc. 8
How Bad Is Marketing Collateral?
• From 50 to 90% of marketing collateral does
not get used by sales! (AMA)
• Salespeople (B2B) spend 30 hours/month
searching for and creating their own selling
materials (AMA)
Copyright 2013. The Lûcrum Group, Inc. 10
Is It Really That Bad?
• “My marketing department produced some nice
looking stuff but it mostly had nothing to do with
what I needed to close deals.” (Anonymous)
• “Customers are familiar with the traditional
collateral material that salespeople send out or
leave behind after a visit. And guess what?
Everyone hates it. Marketing people hate to bang
it out, and salespeople hate to use it.” (Customer
Centric Selling)
Copyright 2013. The Lûcrum Group, Inc. 11
Why is Collateral So Bad?
• (Product) Marketing sits in ivory tower and
“creates a promotional potpourri … of sweet
smelling stuff” that is appealing to them.
• They never ask sales what they need.
• They don’t understand the buying process.
• Product Marketing is separated from the real
sales discussions.
• We replicate what we did elsewhere.
Copyright 2013. The Lûcrum Group, Inc. 12
Improving Collateral
Copyright 2013. The Lûcrum Group, Inc. 14
Starting Point to Improve Collateral
• Change from telling our story to telling our
prospects/customer stories.
• Develop a deep understanding of our
customers
• Ask sales team and channel partners what
they need
Copyright 2013. The Lûcrum Group, Inc. 15
Deep Understanding of Customers
• Who they are
– Personas
• Why they buy
– Problems they want to solve
• How they buy
– What is their buying process
– Where do they look
Copyright 2013. The Lûcrum Group, Inc. 16
June 21 Webinar
http://www.aipmm.com/aipmm_webinars/2013/05/how-to-develop-a-deep-
understanding-of-your-target-markets---the-starting-point-for-great-product-ma.php
How Do You Learn This Detail
• Speak to customers
• Discover as part of Win-loss analysis
• Participate in sales calls and observe the
process (all phases)
• Discover as part of market validation process
• Insights from Executives, Sales Team,
Customer Support, Professional Services
Copyright 2013. The Lûcrum Group, Inc. 17
Determine What Sales Channel Needs
• What types of problems do you encounter
during the sales process?
• What questions do prospects ask?
• What objections do you hear?
• What kinds of tools will make you more
effective?
Copyright 2013. The Lûcrum Group, Inc. 18
Understanding Buying Process
Copyright 2013. The Lûcrum Group, Inc. 20
Generic Buying Process
Recognize Problem/Need
Information Search
Evaluation of Alternatives
Purchase Decision
Post-purchase Behavior
Copyright 2013. The Lûcrum Group, Inc. 21
Discovering the Buying Process
• What are the typical phases of the buying process?
• Who are the typical buyers & influencers?
• Who is involved at each phase?
• What are their main concerns at each phase?
• What are they doing at each phase?
• What are the typical barriers to moving ahead?
Copyright 2013. The Lûcrum Group, Inc. 22
Help Buyers Through Buying Process
• Top of the funnel (lead generation &
awareness)
– Move suspects to leads & leads to prospects.
• Bottom of funnel (sales).
– Helps sales convert prospects to sales.
Copyright 2013. The Lûcrum Group, Inc. 23
How to Help Buyers?
• Buyers want content that helps:
– Educate them,
– Improves their decision-making capabilities,
– Increases their confidence level in their final
purchase decision.
Copyright 2013. The Lûcrum Group, Inc. 24
Basic Questions From Buyers
• Do I have a problem?
• How do I solve this problem?
• Who can help me solve this problem?
• How can I be sure your company is the right
decision?
Copyright 2013. The Lûcrum Group, Inc. 25
Do I Have a Problem?
• What are their competitors doing?
• How do I determine if I have a problem?
• What’s it costing me to have this problem?
Copyright 2013. The Lûcrum Group, Inc. 26
How & Who to Solve My Problem
• What options exist to solve this problem?
• How do the options compare?
• What are good decision criteria?
• What is the total cost of ownership?
Copyright 2013. The Lûcrum Group, Inc. 27
How Can I Be Sure?
• Are others successfully solving this problem?
• How can I be sure this works for me?
• How is your product better than your
competitors and by how much will it impact
my bottom line?
Copyright 2013. The Lûcrum Group, Inc. 28
Shifting Buyer Concerns
Copyright 2013. The Lûcrum Group, Inc. 29
Customer Centric Selling by Michael Bosworth, based on research by Neil Rackham
Successful Collateral
Copyright 2013. The Lûcrum Group, Inc. 30
Develop Tools/Collateral
• Answers questions
• Specific to each buying persona
• For each phase of buying process
• Keep concise, relevant, focused and in buyers
terms!
Copyright 2013. The Lûcrum Group, Inc. 31
Train Sales to Use Collateral
• 41% of sales people don’t know which
collateral to use, when to use and how to use
it. (IDC)
• Teach them:
– The intended buyer persona
– Which stage of buying process to use it
– Key messages for each stage & buyer persona
• Demonstrate in actual sales process
Copyright 2013. The Lûcrum Group, Inc. 32
Summary
• Deeply understand our customers
• Write to each target buyer persona
• Write collateral in the buyer’s terms that
answers their questions
• Train sales how to use the tools
Copyright 2013. The Lûcrum Group, Inc. 33
My Next Webinar
Nothing Happens Until Someone Sells Something:
Best Practices for Enabling Your Sales Channel to
Effectively Sell Your Products!
Friday, Nov 1, 2013
Copyright 2013. The Lûcrum Group, Inc. 35
Upcoming Training
• Optimal Product Management & Product Marketing
– Oct 14 – 16 (Dallas)
– Dec 9 – 11 (Austin)
• AIPMM Certifications
– Oct 21 – 22 (CPM – Minneapolis)
– Nov 5 – 6 (CPM – Austin)
– Nov 7 – 8 (CPMM – Austin)
More dates/locations - www.280group.com
Copyright 2013. The Lûcrum Group, Inc. 36
Free 1 Hour PM/PMM Consult
• First ten to submit information on form
• http://compellingpm.com/freeonehour/
• Please include background on topic or issue
• Must include company info (no Gmail)
Copyright 2013. The Lûcrum Group, Inc. 37
Thank You!
Tom Evans
CompellingPM
tevans@compellingpm.com
@compellingpm
www.compellingpm.com
Copyright 2013. The Lûcrum Group, Inc. 38
© AIPMM 2013 www.aipmm.com
Upcoming Courses
Course & Location Dates Time
CIL® Certification Prep Course & Exam
Athens, Greece Oct 10-11, 2013 9 am – 6 pm
CPM® Certification Prep Course & Exam
Athens, Greece
Singapore
Oct 8-9, 2013
Oct 21-23, 2013
9 am – 6 pm
8 am – 5 pm
CPMM® Certification Prep Course & Exam
Athens, Greece
Singapore
Oct 14-15, 2013
Oct 28-30, 2013
9 am – 6 pm
8 am – 5 pm
Follow the links provided to get more information regarding these courses.
© AIPMM 2013 www.aipmm.com
Upcoming Courses
Course & Location Dates Days Time
ACPM® Certification Prep Course & Exam
McLean, VA Dec 9, 2013 M 8:30 am – 5 pm
CPM® Certification Prep Course & Exam
McLean, VA Dec 10-11, 2013 T, W 8:30 am – 5 pm
CPMM® Certification Prep Course & Exam
McLean, VA Dec 12-13, 2013 Th, F 8:30 am – 5 pm
Contact Hector Del Castillo at hmdelcastillo@aipmm.com to register for these courses.
Additional certification prep courses are available in Austin, San Jose, and London.
© AIPMM 2013 www.aipmm.com
Please Join Us Again!
AIPMM Webinar Series:
http://aipmm.com/aipmm_webinars/
Global Product Management Talk:
http://www.blogtalkradio.com/prodmgmttalk
Stay Informed!
Newsletter: http://www.aipmm.com/subscribe
LinkedIn: http://www.linkedin.com/company/aipmm
Membership: http://www.aipmm.com/join.php
Certification: http://aipmm.com/html/certification/

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How to Create Effective Sales & Marketing Tools That Actually Get Used By Sales and Prospects!

  • 1. © AIPMM 2013 AIPMM Webinar Series www.aipmm.com
  • 3. © AIPMM 2013 Association of International Product Marketing and Management • With members in over 65 countries, the AIPMM is the worldwide certifying body of product team professionals • The only organization that addresses the entire product life cycle (inception to obsolescence) throughout any industry • Presently has offerings in North America, Europe, Middle East, Australia and Southeast Asia • Membership benefits include eligibility for the certification programs, discounts to AIPMM events, and access to the career center, peer forums, tools, templates and publications The Hub Of All Things Product Management
  • 4. © AIPMM 2013 AIPMM Certifications AIPMM offers globally recognized certifications: • Certified Product Manager (CPM®) • Certified Product Marketing Manager (CPMM®) • Agile Certified Product Manager (ACPM®) • Certified Innovation Leader (CIL®) • Certified Brand Manager (CBM®)
  • 5. © AIPMM 2013 AIPMM: @AIPMM Tom Evans: @compellingpm Hector Del Castillo: @hmdelcastillo Tweet!
  • 6. © AIPMM 2013 Participate and Win! • One lucky winner will a free copy of the Guide to the Product Management and Marketing Body of Knowledge (ProdBOK®)
  • 7. © AIPMM 2013 Today’s Speaker Moderator: Hector Del Castillo, CPM, CPMM, PMP Presenter: Tom Evans, CPM, CPMM Compelling PM tevans@compellingpm.com @CompellingPM www.compellingpm.com
  • 8. How to Create Effective Sales & Marketing Tools That Actually Get Used By Sales and Prospects! Tom Evans CompellingPM @compellingpm Copyright 2013. The Lûcrum Group, Inc. 8
  • 9. How Bad Is Marketing Collateral? • From 50 to 90% of marketing collateral does not get used by sales! (AMA) • Salespeople (B2B) spend 30 hours/month searching for and creating their own selling materials (AMA) Copyright 2013. The Lûcrum Group, Inc. 10
  • 10. Is It Really That Bad? • “My marketing department produced some nice looking stuff but it mostly had nothing to do with what I needed to close deals.” (Anonymous) • “Customers are familiar with the traditional collateral material that salespeople send out or leave behind after a visit. And guess what? Everyone hates it. Marketing people hate to bang it out, and salespeople hate to use it.” (Customer Centric Selling) Copyright 2013. The Lûcrum Group, Inc. 11
  • 11. Why is Collateral So Bad? • (Product) Marketing sits in ivory tower and “creates a promotional potpourri … of sweet smelling stuff” that is appealing to them. • They never ask sales what they need. • They don’t understand the buying process. • Product Marketing is separated from the real sales discussions. • We replicate what we did elsewhere. Copyright 2013. The Lûcrum Group, Inc. 12
  • 12. Improving Collateral Copyright 2013. The Lûcrum Group, Inc. 14
  • 13. Starting Point to Improve Collateral • Change from telling our story to telling our prospects/customer stories. • Develop a deep understanding of our customers • Ask sales team and channel partners what they need Copyright 2013. The Lûcrum Group, Inc. 15
  • 14. Deep Understanding of Customers • Who they are – Personas • Why they buy – Problems they want to solve • How they buy – What is their buying process – Where do they look Copyright 2013. The Lûcrum Group, Inc. 16 June 21 Webinar http://www.aipmm.com/aipmm_webinars/2013/05/how-to-develop-a-deep- understanding-of-your-target-markets---the-starting-point-for-great-product-ma.php
  • 15. How Do You Learn This Detail • Speak to customers • Discover as part of Win-loss analysis • Participate in sales calls and observe the process (all phases) • Discover as part of market validation process • Insights from Executives, Sales Team, Customer Support, Professional Services Copyright 2013. The Lûcrum Group, Inc. 17
  • 16. Determine What Sales Channel Needs • What types of problems do you encounter during the sales process? • What questions do prospects ask? • What objections do you hear? • What kinds of tools will make you more effective? Copyright 2013. The Lûcrum Group, Inc. 18
  • 17. Understanding Buying Process Copyright 2013. The Lûcrum Group, Inc. 20
  • 18. Generic Buying Process Recognize Problem/Need Information Search Evaluation of Alternatives Purchase Decision Post-purchase Behavior Copyright 2013. The Lûcrum Group, Inc. 21
  • 19. Discovering the Buying Process • What are the typical phases of the buying process? • Who are the typical buyers & influencers? • Who is involved at each phase? • What are their main concerns at each phase? • What are they doing at each phase? • What are the typical barriers to moving ahead? Copyright 2013. The Lûcrum Group, Inc. 22
  • 20. Help Buyers Through Buying Process • Top of the funnel (lead generation & awareness) – Move suspects to leads & leads to prospects. • Bottom of funnel (sales). – Helps sales convert prospects to sales. Copyright 2013. The Lûcrum Group, Inc. 23
  • 21. How to Help Buyers? • Buyers want content that helps: – Educate them, – Improves their decision-making capabilities, – Increases their confidence level in their final purchase decision. Copyright 2013. The Lûcrum Group, Inc. 24
  • 22. Basic Questions From Buyers • Do I have a problem? • How do I solve this problem? • Who can help me solve this problem? • How can I be sure your company is the right decision? Copyright 2013. The Lûcrum Group, Inc. 25
  • 23. Do I Have a Problem? • What are their competitors doing? • How do I determine if I have a problem? • What’s it costing me to have this problem? Copyright 2013. The Lûcrum Group, Inc. 26
  • 24. How & Who to Solve My Problem • What options exist to solve this problem? • How do the options compare? • What are good decision criteria? • What is the total cost of ownership? Copyright 2013. The Lûcrum Group, Inc. 27
  • 25. How Can I Be Sure? • Are others successfully solving this problem? • How can I be sure this works for me? • How is your product better than your competitors and by how much will it impact my bottom line? Copyright 2013. The Lûcrum Group, Inc. 28
  • 26. Shifting Buyer Concerns Copyright 2013. The Lûcrum Group, Inc. 29 Customer Centric Selling by Michael Bosworth, based on research by Neil Rackham
  • 27. Successful Collateral Copyright 2013. The Lûcrum Group, Inc. 30
  • 28. Develop Tools/Collateral • Answers questions • Specific to each buying persona • For each phase of buying process • Keep concise, relevant, focused and in buyers terms! Copyright 2013. The Lûcrum Group, Inc. 31
  • 29. Train Sales to Use Collateral • 41% of sales people don’t know which collateral to use, when to use and how to use it. (IDC) • Teach them: – The intended buyer persona – Which stage of buying process to use it – Key messages for each stage & buyer persona • Demonstrate in actual sales process Copyright 2013. The Lûcrum Group, Inc. 32
  • 30. Summary • Deeply understand our customers • Write to each target buyer persona • Write collateral in the buyer’s terms that answers their questions • Train sales how to use the tools Copyright 2013. The Lûcrum Group, Inc. 33
  • 31. My Next Webinar Nothing Happens Until Someone Sells Something: Best Practices for Enabling Your Sales Channel to Effectively Sell Your Products! Friday, Nov 1, 2013 Copyright 2013. The Lûcrum Group, Inc. 35
  • 32. Upcoming Training • Optimal Product Management & Product Marketing – Oct 14 – 16 (Dallas) – Dec 9 – 11 (Austin) • AIPMM Certifications – Oct 21 – 22 (CPM – Minneapolis) – Nov 5 – 6 (CPM – Austin) – Nov 7 – 8 (CPMM – Austin) More dates/locations - www.280group.com Copyright 2013. The Lûcrum Group, Inc. 36
  • 33. Free 1 Hour PM/PMM Consult • First ten to submit information on form • http://compellingpm.com/freeonehour/ • Please include background on topic or issue • Must include company info (no Gmail) Copyright 2013. The Lûcrum Group, Inc. 37
  • 35. © AIPMM 2013 www.aipmm.com Upcoming Courses Course & Location Dates Time CIL® Certification Prep Course & Exam Athens, Greece Oct 10-11, 2013 9 am – 6 pm CPM® Certification Prep Course & Exam Athens, Greece Singapore Oct 8-9, 2013 Oct 21-23, 2013 9 am – 6 pm 8 am – 5 pm CPMM® Certification Prep Course & Exam Athens, Greece Singapore Oct 14-15, 2013 Oct 28-30, 2013 9 am – 6 pm 8 am – 5 pm Follow the links provided to get more information regarding these courses.
  • 36. © AIPMM 2013 www.aipmm.com Upcoming Courses Course & Location Dates Days Time ACPM® Certification Prep Course & Exam McLean, VA Dec 9, 2013 M 8:30 am – 5 pm CPM® Certification Prep Course & Exam McLean, VA Dec 10-11, 2013 T, W 8:30 am – 5 pm CPMM® Certification Prep Course & Exam McLean, VA Dec 12-13, 2013 Th, F 8:30 am – 5 pm Contact Hector Del Castillo at hmdelcastillo@aipmm.com to register for these courses. Additional certification prep courses are available in Austin, San Jose, and London.
  • 37. © AIPMM 2013 www.aipmm.com Please Join Us Again! AIPMM Webinar Series: http://aipmm.com/aipmm_webinars/ Global Product Management Talk: http://www.blogtalkradio.com/prodmgmttalk Stay Informed! Newsletter: http://www.aipmm.com/subscribe LinkedIn: http://www.linkedin.com/company/aipmm Membership: http://www.aipmm.com/join.php Certification: http://aipmm.com/html/certification/