Sales and such
Hi, Today marked a shift for me in terms of how we go about working on Edgeryders, the social enterprise.
I don’t think that the discussion about business models is all that relevant to be honest. What it comes down to is sales. And that is a different beast. There are several parts to this. In part it’s a numbers game where you need to reach very very many different people, and make it easy for them to understand what you have to offer and give them a choice of things they can buy.
When it comes to working with consultancy in part it’s a matter of going at it, being in the game long enough so that by the time they hear about you, you have had time to leave enough traces about you e.g. online, in relationships etc so when they ask around about you, people confirm you’re legit and not some scammer.
So far my strategy has been to do outreach through keynotes that are recorded, one to one interaction, videos etc. Now it’s time to look at the product (what we’re selling) and how to speed up the sales cycle.
For the product i’ve put together this table as a first rough sketch to have something to discuss pricing, packaging, communication etc:
Basic | Extensive | Customised | Tailor made | |
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Pricing: One off / Subscription |
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Training & upskilling |
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Communication and collaboration skills | ||||
Writing for online engagement | ||||
Reading and making sense of online data | ||||
Building thriving policy-oriented communities online | ||||
Social media training | ||||
workshops and master classes | ||||
Services |
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Customised Action Research Tracks at events |
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Networking assistance | ||||
Research, articles, reports and books | ||||
Consulting hours | ||||
Proactive alerts | ||||
Tools & technologies |
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in situ network analysis software | ||||
in situ ethnographic analysis software | ||||
social software |
Now for speeding up the sales cycle.
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How do we find the right prospects? How do we get better and more efficient at this over time? We need to start with a list of names of people and organisations, find out what their problems and needs are and identify the ones with a high likelihood of matching what we have to offer. But I can’t do this alone, I’ve composed a list but could use help going through it! Also not sure how to import a list here onto the wiki?
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We need to reach out to the prospective clients before they’re in buying mode. Find our how they prefer to communicate, get in touch and try to get into a meeting or call. Find out what their problems and needs are: listen 80% and talk 20%. telling them about Edgeryders. Find out more about them. Ask hard questions to eliminate non-prospects as early as possible. If you get a no, gently find out why. If not, follow up with an email or handwritten note reminding them of what was said, and what you both agreed would be the next step (for you & for the prospective client).
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If they ask for a formal proposal, don’t email it over…ask them to set a time for a meeting during which you review it together. Here I think we can use the LOTE tracks and session proposals much more effectively.
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Give them time to make a decision. Contact them creatively.
How do we package what we have to offer, in was that people recognise it’s value and are willing to move money out of their wallets to have? In the Long run we kind of sort of know, it’s the short term I am more interested in. Well because the long run is a lot of short runs in sequence. Here I think the crowdfunding model makes sense, as in we build a campaign, put together the material etc as we would a crowdfunding campaign, but run it off the Edgeryders site and not one of the crowdfunding platforms.
Im up for looking at this now I have had time to think a bit.
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