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Buildup to Breakthrough – Your Sales & Marketing Flywheel
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| Guest post by: Kerri Salls |
Article Overview: To start making changes, you only have to pick one area and make one change. But it’s the consistency with which you apply the new strategy that will have an impact. Then you add one more change, or one more approach. With each tool or resource you put in play, the flywheel builds momentum, without any extraordinary effort on your part, until there’s a cumulative breakthrough.
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Buildup to Breakthrough – Your Sales & Marketing Flywheel
Change can be hard. From a standstill, it takes great effort to
build momentum. That’s where the concept of a flywheel comes in.
Here in Lowell, MA, the birthplace of the Industrial Revolution,
at the National Historic Park, there are great textile mills based on the
physics of the flywheel. To get one started takes great effort just to nudge it
forward an inch. As you keep exerting that same effort, it moves a bit faster.
With your continued great effort, it begins to make full rotations, then each
push results in multiple rotations, until sheer momentum hurls the flywheel
forward based on its own massive weight. Think of your sales and marketing
program as a flywheel. What are you doing to build momentum?
I’ll get back to that flywheel in a minute. From one of the
newsletters I read, I followed the links to an interesting article by Dave Kahleentitled: Are You Hindered by Formerly Effective Sales
& Marketing Policies? Sounds like my flywheel at full rest.
The point he made was that the core principles of your business
used to be enough to build a thriving business. Those same core principles
either don’t work anymore or aren’t enough for business in the 21st century.
Core principles such as quality, competitive pricing, good service, delivered with
discipline and conviction, used to be enough to bring in the clients to
maintain a thriving business just from word-of-mouth marketing.
Dave Kahle says: “The business principles and policies that
were sufficient on which to build a business [before] today are not. At one
time, you could distinguish your business from others on the basis of these and
other FIP (Fine in the Past) principles. Now, however, the bar has risen.
Because there is so much churn in our marketplace and the competition is so
fierce, the kinds of service and quality that were sufficient to distinguish
yourself from your competition are no longer sufficient. Your customers expect
previously outstanding levels of service and quality from every supplier. What
was sufficient a few years ago is still necessary today, but no longer
sufficient.”
To stand out today:
- You can’t keep doing the same thing expecting different results.
- You can’t just build a better mousetrap and expect the world to beat a path to your door.
- You can’t just depend on outside straight commission salespeople alone.
- You can’t rely just on “‘on-the-job” training to get the most from your salespeople.
- You can no longer hire salespeople with experience just because you feel good about them.
Back to my flywheel analogy for marketing and sales. To start making changes, you only have to pick one area and make one change. But it’s the consistency with which you apply the new strategy that will have an impact. Then you add one more change, or one more approach. With each tool or resource you put in play, the flywheel builds momentum, without any extraordinary effort on your part, until there’s a cumulative breakthrough. Related Articles
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About the Author: Kerri Salls RSS for Kerri's articles - Visit Kerri's website Solopreneur Maven and Business Accelerator Kerri Salls is President of Breakthrough Enterprise LLC, a startup and solopreneur mentoring company committed to empowering solo-professional achievers: entrepreneurs, solo-preneurs, and consultants, with the tools to launch and thrive in the business of their dreams. She has helped hundreds of entrepreneurs, solopreneurs, consultants, service professionals and sole proprietors thrive and grow to triple profits with her proven strategies and systems. I'm also offering a hands-on planning event in 3 weeks: www.solo-success.com Kerri Salls Solopreneur Maven Click here to visit Kerri's website Whats Your Online Hub Corporate Refugees Cant Wait Business Growth Requires Individual Effectiveness Profitability Pricing Strategies to Make Money Flexibility is Not An Option |
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