peter_strohkorb_consulting 7 mistakes 2016

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@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved 7 Common Mistakes in Sales / Marketing Alignment & Collaboration by Peter Strohkorb, CEO, Speaker, Author, Coach

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Page 1: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

7 Common Mistakes in Sales / Marketing Alignment & Collaboration

by Peter Strohkorb, CEO, Speaker, Author, Coach

Page 2: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

• >15 years in senior B2B Sales and Marketing roles

• CEO , offices in Sydney and in Atlanta, USA

• Business Coach & Executive Mentor

• Creator of the OneTEAM Method for closer Collaboration, Sales+Marketing

• International Business Speaker

• Executive MBA Guest Lecturer at the Sydney Business School

• Board Director x 2 NFP Industry Bodies

• Family, soccer, tennis, cooking, fine wine, entertaining

Peter

STROHKORB

Page 3: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

3

Named Global Top 5

Collaboration Expert

By Selling Power Magazine (USA)

Page 4: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

4

Collaboration solves problems. Lack of collaboration creates problems.

Page 5: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

5

Sales blames Marketing

Marketing blames Sales

Page 6: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

Excessive cost on the business

Unattractive

work

environment

Loss of revenue

Page 7: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

A Quick Poll… 7

“Our Sales and Marketing Teams

are working seamlessly together.”

Please type in your answer:

A: Yes, we do great

B: Could be better

C: Not much at all

Page 8: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

Collaboration and 360o Customer Focus: Everybody wins !

8

Smarketing®

Page 9: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

The Benefits of Smarketing® 9

More Sales, Profit

Better CX

Higher Calibre Talent

Higher Productivity

Less Waste

Technology ROI

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

Page 10: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

What’s In It For You ?

Future proof your

business,

with minimal disruption,

and utilising your

existing people and

technology resources.

Page 11: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

So, what stands in

the way of getting

Sales and Marketing

teams to support

each other ?

The 7 Common Mistakes in

Sales+Marketing Collaboration

Page 12: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

Mistake #1 12

Doing Nothing

Tip: Take the initiative, become the solution.

Page 13: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

Deploying popular shortcuts,

such as:

• More sales training

• More sales reps

• More sales leads

Mistake #2

Going for Quick Fixes

Tip: Fix the cause, not the symptom.

Page 14: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

No Intermediator

Mistake #3

Tip: Be smart, get a referee.

Page 15: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

Neglecting the Human Element

Tip: Let People come first.

Mistake #4

Page 16: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

Relying on Technology

Mistake #5

Tip: Technology is just Technology.

Page 17: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

No Executive Support

Mistake #6

Tip: Get the boss involved.

Page 18: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

Expecting Immediate Results

Tip: Hasten wisely.

Mistake #6

Page 19: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

19

Smarketing® Delivers Higher Performance

Page 20: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

*Managing

Top-Line

Computer

Applications";

Stephen P.

Hindman &

John J. Sviokla;

Harvard

Business School

Publication #

9-192-098, rev

7/9/92

20

What Difference can 5% make ?

Page 21: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

P&L Performance Impact Base

Case P&L

Increase

Sales

Volume by

5%

Raise

Price

by 5%

Sales Revenue $100.00 $105.00 $105.00

Cost of Goods Sold (COGS) $60.00 $63.00 $60.00

Gross Profit $40.00 $42.00 $45.00

Fixed Costs $13.00 $13.00 $13.00

General Admin Costs $11.00 $11.00 $11.00

Direct Selling Expenses $6.00 $6.00 $6.00

Profit Before Tax (PBT) in $ $10.00 $12.00 $15.00

Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $2.00 $5.00

Profit Before Tax (PBT) Increase from Base Case in % 0.0% 20.0% 50.0%

21

Page 22: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

P&L Performance Impact Base

Case P&L

Increase

Sales

Volume by

5%

Raise

Price

by 5%

Sales Revenue $100.00 $105.00 $105.00

Cost of Goods Sold (COGS) $60.00 $63.00 $60.00

Gross Profit $40.00 $42.00 $45.00

Fixed Costs $13.00 $13.00 $13.00

General Admin Costs $11.00 $11.00 $11.00

Direct Selling Expenses $6.00 $6.00 $6.00

Profit Before Tax (PBT) in $ $10.00 $12.00 $15.00

Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $2.00 $5.00

Profit Before Tax (PBT) Increase from Base Case in % 0.0% 20.0% 50.0%

Page 23: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

The Benefits of Smarketing® 23

More Sales, Profit

Better CX

Higher Calibre Talent

Higher Productivity

Less Waste

Technology ROI

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

Page 24: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

“Peter‘s method was a game changer for us.”

1. Assessment

2. Consulting

3. Change Management

SME Example

Page 25: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

25

“Our best quarter yet.” 1. Assessment

2. Workshop

3. Coaching

Mid-sized Business Example

Page 26: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

26

A Freight Forwarder

26

Improve

Cross- and Up-selling

Higher Sales, Profit

Better CX

= More

Repeat

Business Happy & Loyal Staff

Better Collaboration =

Higher Productivity/Less Waste

Higher

Technology ROI

1. Assessment

2. Consulting

3. Change Management

Page 27: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

27

A $1B Australian Utility Company 27

More Sales, Profit

Better CX

Higher Calibre Talent

Higher Productivity/Less Waste

Technology ROI

1. Assessment

2. Consulting

3. Change Management

Page 28: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

Smarketing® Check List

Page 29: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

Questions

Page 30: PETER_STROHKORB_CONSULTING 7 Mistakes 2016

© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved

@pstrohkorb

Thank You

30

+61 411 865 301

[email protected]

www.peterstrohkorbconsulting.com