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How can we predict the future of our media business? Very often media companies venture into the vast unknown because they feel that they have to or they will be seen as an "old dog" or as a company that is not "keeping up with the times". Asking your readers, viewers or listeners what they truly want can yield solid results.
I often feel that my clients launch out into new projects based on how "they" feel about it and not based on what the reader, viewer or listener is demanding. One of my publishing clients launched out into Pinterest as a B2B in the oil and gas sector. They were so proud. They spent a ton of time (which is money) on the project. They were in love with what they did. So in love that when readers did not begin posting pics from the oil and gas sector they were very hurt. "What's wrong with my readers?" he said... "Pinterest is so cool". When I asked about his most recent reader survey he said... "Those are too expensive". This publisher invested no less than 20 hours in his Pinterest project. 20 x $125 = $2,500. I promise you that an online survey is less than that. Plus, you can sell the data too. All in all, I always encourage my clients to ask their readers what they want and then deliver. This point is critical before launching new apps or creating HTML 5 tablet projects. Readers are most happy when you give them what they want and not what you think they want.
About this blogger: Ryan Dohrn is an award wining ad sales training coach, a nationally recognized internet sales consultant, international business speaker and is the President and founder of 360 Ad Sales Training, a boutique internet revenue consulting firm with a detailed focus on ad sales training, internet consulting and media revenue generation. Internet consultant and business speaker Ryan Dohrn travels the globe teaching media sales training classes and offers detailed coaching help to business owners and media companies looking to make money online.
Contact information:
Ryan R. Dohrn
President/Founder
360 Ad Sales Training and Strategy
Brain Swell Media LLC
http://www.BrainSwellMedia.com
http://RyanDohrn.com
http://360adsales.com
803-867-3769
Follow him on Twitter.com/ryandohrn for daily tips and advice.
http://www.linkedin.com/in/ryandohrn |
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Let's talk a little bit about statistics. From an ad sales training perspective, I am always asked for great stat that my students can share with their clients. I normally ask…why?
The thing about statistics is that ad sales reps love stats and very often when they hear or receive statistics they quite honestly go crazy and start emailing customers left and right. The problem with this is that very often advertisers don't want statistics, don't need statistics, and quite honestly statistics will just boggle their mind. I think it's important for all ad sales reps to ask this question, “Will this statistic help me better explain why advertising is beneficial to their business.” If you find that you are sharing a statistic because it helps you feel better about the case that you're making to an advertiser STOP! Some of you might think that this is the same thing. It is not. If an advertiser has a question, a stat might help better explain. But, if you are using a stat to better justify your position, you may just be adding confusion to the conversation.
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Forget about making New Year’s resolutions to be richer, thinner and healthier. Start 2013 with a resolution to grow your customer base and your organization’s success. An e-Newsletter can be a great way to build a strong connection with your customers—one that makes them think of your business first when they are in need of the types of products and services you provide. The trick is delivering meaningful, easy to read content that customers want to read. Here are 20 ideas you can incorporate today to turn your e-Newsletter into a rainmaker.
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I am often asked by clients how they can keep their sales teams "pumped up" during the fall selling season if budgets do not allow a coach to come onsite to offer ad sales training. From my perspective, the critical issue to address is how to eliminate distractions and help maintain focus during a fall filled with football, great weather and holidays that demand significant energy from everyone. October and November are important months as many companies are planning their ad spending for 2013. Did your ad sales reps sell in advance and get in the ring for these important decisions? It is not to late to boost your sales efforts. Here are eight ways to help your team boost fall ad sales.
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Each year we set new resolutions for personal and professional growth. Here are four ideas ad sales reps may want to consider in 2013. 1. Embrace Your Ratios: Knowing your call to close ratios is a comforting number. It is a number you can work from to stay on track towards your budget. Determine for yourself how many calls you need to make to get a meeting. Then, determine how many meeting you need to have to get to a closed deal. From there you can figure out your call to close ratios. 2. Change Your Patterns: If you do what you’ve always done, you’ll get what you’ve always gotten. For changes to be of any true value, they’ve got to be lasting and consistent. What are you doing that is not yielding you the results your desire. Perhaps you are not getting calls back from voice mails left… change the way you leave your voice mails.
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The secret to social media sales is the training of two people: the advertiser and the actual sales ad sales rep. It is all to easy for an advertiser to say that they understand social media marketing because they post daily on Facebook. It is equally easy for an ad sales rep to say the exact same thing. It is through quality ad sales training that you can grow your ad sales team to social media superstar status.
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Pricing your sponsored tweets on Facebook is an active and moving target. The first step is to understand that the number of “likes” you have has become an irrelevant way to price your sponsored posts. Yes, you did hear me use this number in the past to set prices. Like I said, pricing your sponsored tweets on Facebook is an active and moving target. Today, most of my ad sales training clients are using a solid metric that I have observed working very well in markets across the nation. The metric is pretty simple, they are pricing based on total engagement of a post. What does that mean? After you post something on your Facebook page, users on FB do various things with your post. They might “like” the post, share the post and even use your post to create their own story. Each post is tracked in your Facebook Insights data portal. There is a link below on how to get to that portal. Suffice it to say, it is not an easy find on Facebook.
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