TargetA new line of business is usually a major investment of time and money – time in training, certification, and business process engineering as your company prepares to implement and support customers and a new product or service.

While sales training is also a part of this investment, there’s a significant component of a new business line that is often overlooked or “under”-looked: the ability to easily and naturally quote the new products and services.

To be blunt, I’ve seen many new lines of business fail before they get started simply because the sales team can’t propose it to their customers.

It’s natural enough to try to quote a new business line using your existing spreadsheets or word templates, and such is often the case. This results in a manual, half-baked, ill-understood proposal process that is first and foremost difficult – and that spells disaster for your new business line.

Do yourself and your business a big favor: Don’t just do a good job of setting up your proposals for that new business line: HIT IT OUT OF THE PARK. Go overboard. Make absolutely sure that your sales team can quote those new products and services while falling out of bed.

A few of the things that you should attend to:

Continue reading »


 

Five Major Sales Leaks That Could Be Affecting Your Company

My wife Anne gets after me because I’m not always careful enough with my spare change and bills, and they often fall out of my pocket. This often occurs in her car, and many a shopping excursion has been thus funded. She says I “leak money” (and does her best to restrict my access to the same).

Some of our customers leak sales rather than money, and this was brought home to me when I recently had a conversation with a good customer who had started using our Quosal Order Porter Mobile for the iPad application. He said he was doing three times as many quotes as he previously had been. Naturally, I think that’s great – but I realized, as he did, that he’d been missing out on two thirds of his sales opportunities before – he was leaking sales by writing them down on yellow sticky notes, or business cards, or just trying to commit to memory a customer’s request for a new product, or his own on-site observations of a customer’s needs. Now, he takes out his iPad and delivers the quote on-the-spot.

There are many ways to leak sales, and all of us do, sometimes on a daily basis. It’s a very costly habit. Here are a few ways that I see sales dribbling away for businesses of all types, but particularly our information technology audience. Continue reading »


 

I’ve blogged in the past about the concept of “Sales as a Service” – in fact, one of the most important services that you provide to your new and existing customers. The concept applies to the overall sales process of course, but the quote and proposal aspect of the sales process is my focus.

Clearly, a properly, fully, and accurately configured solution is one of the most important services that the sales team can provide to the customer. In fact, it may be the most important service we ever provide – because a properly configured solution provides a smooth ride for the customer throughout the life of our relationship with them. A poorly configured, inaccurate solution will drive the need for far more services under less-than-optimal circumstances.

For those of us that provide services to our customers either as our primary business or in support of solutions we sell, it’s easy to draw the comparison between the “service of selling” to any other services we provide on a daily basis – and the customer’s reaction to those services is nearly the same. Continue reading »


 

Have you had the experience of believing the lyrics of a favorite old song go one way, but then finding out years (or decades) later that they go another? Most of us probably have. When this happens to me, I get a little flush of embarrassment and practically look around waiting for the lyrics police.

One of my favorite songs is “White Rabbit” by Jefferson Airplane. I was recently grieved to find that the lines

Remember what the dormouse said
Feed your head
Feed your head…

Are in reality

KEEP your head
KEEP your head

For any Lewis Carroll fans, this of course makes total sense in the context of the Alice in Wonderland tale, with the Red Queen after everyone’s head.

This revelation was a double-ding for me, because not only did I have it wrong but I thought that “Feed your Head” was brilliant. I interpreted it as what Steven Covey calls “Sharpening the Saw” – feed your head with new ideas, new skills, new training. Continue reading »


 

Quosal was formed on a foundation of beliefs that I had about the way business quotes are put together – a way that is sometimes not only not conducive to landing the deal, but can sometimes be counter to that purpose.

I believed then, and still believe today, that business quoting practices rarely put our best foot forward on a really basic professional level. Quotes and proposals are often shabbily prepared, not delivered on time, contain inaccuracies, are difficult to understand for the customer – you get the picture.

When we actively opened our offices and started Quosal rolling, I decided to use our own business startup as something of a research project. I set forth a few basic rules about our own procurement of anything bigger than a pen: that we would seek out at least 3 quotes for what we were purchasing, and that we’d track several “quote-based” metrics on each quote we were provided, such as:

  • Was the quote provided on time (we sought a time commitment from each vendor)
  • What was the format of the quote – hand-written? Verbal? Paper? PDF?
  • Did the quote contain inaccuracies? Math errors? Grammatical errors?
  • Did the quote accurately reflect what we’d asked for? Did it fill the need?

…and so on. Continue reading »


 

Throughout my career in sales, I’ve always felt a significant sense of accomplishment when completing and delivering a high-quality quote or proposal to a customer. This feeling continues through to this day, and is greatly augmented by our own product at Quosal.

The other side of this coin is the pressure I would feel as a salesperson when I had a backlog of proposals to complete. I know that many business people and their sales team labor under this pressure today. Indeed, I feel this even more intensely now, in those rare times when, despite our own tools, technology, business practices and policies, I don’t get my quotes and proposals turned around immediately. I feel this pressure more acutely because my own experience, research and expertise in the field of quote and proposal automation tell me that the sooner you get that accurate, attractive quote in your prospective customer’s hands, the more likely you are to win the business.

There’s a great reason for sales professionals and the entrepreneur salesman to feel a major sense of accomplishment when completing and delivering a quote: Quotes and proposals are indeed the major deliverable of the sales team. I can hear you out there saying, “No, CLOSED quotes are the major deliverable,” and of course that follows. However, you can’t close (win) a quote that has never been created, and you WON’T close an inaccurate, half-baked, ugly quote most of the time. Continue reading »


 

Our team returned yesterday from a very full week at the ConnectWise IT Nation event in Orlando, Florida. This was our third trip to the event, and our best experience yet. Combined with our participation in and sponsorship of the HTG Q4 meetings at the beginning of the week, it was an incredibly, richly powerful experience.

Our levels of engagement with this event are unique in my experience. We are a ConnectWise user, AND a sponsor of the event and community, AND ConnectWise is also our customer and a user of Quosal. We’re not unique in this; the community has many such ties within the ecosystem that ConnectWise represents. It is one of the reasons, I believe, for the intense levels of energy-times-energy that I have not experienced in other communities – ever.

The event leaves one so overflowing with its vibrancy that the energy must have an outlet — therefore I blog, plan, strategize, sell, discuss, compare, analyze. The energy well has been replenished.


Among the standout experiences was the number of our Quosal clients that attended, and the rather amazing number of them that found me in the halls or in our booth, and related some version of, “Thank you for creating this product. You don’t know how much you’ve helped our business.” The sincerity and intensity of our customers was really somewhat moving, and surprisingly frank. This didn’t happen just a couple of times – dozens of our clients had this message for me. It was really a powerful experience.


Keith McFarland, author of “Bounce” and “The Breakthrough Company” was a real energizer. You know you’re listening to a good speaker when you want to launch out of your chair and enact the ideas that are cascading through your head, put fear aside and make bold moves into the future. This, combined with a general feeling of confidence among the ConnectWise partners, makes me feel great about the future.


I’m heading to Australia in Q1 2011 – and now it’s in writing. This is a big item on my bucket list, and a lifelong dream. It was an Australian-themed event, in any case – we dined with the Australian contingent of HTG (as well as their UK brethren) and had many great conversations and interactions with our good friends from Down Under (who universally feel that we are extreme lightweights in the partying department. I’m afraid.).


We had a great experience with Order Porter on the iPad in our booth at the vendor solutions pavilion. We processed more than 80 quotes, delivering them right then and there on the show floor. ConnectWise (who also uses Quosal and Order Porter) was doing the very same thing for add-on sales in its own booth. It was a great sales experience to do this, and we were delivering a great customer experience as well. It’s always a fun moment to see the startled look on a prospective customer’s face, when their cell phone vibrates as they receive their quote and Order Porter link. The revelation that they can do this themselves, for their own customers, is an “a-ha” moment for them.


A customer related to me the workflow he’d built into his sales process between Quosal and ConnectWise: “We’ve got it down to a science. I tell my salespeople, ‘Just mark the opportunity as Won in Quosal, and walk away!’”


I do not fear the Cloud, and I don’t believe information technology providers need to fear it either. On a high level, “The more things change the more they stay the same.” On an even higher level, imagine how many iterations we’ll continually go through over the years. From mainframes and timeshare to the disconnected PC to the Cloud and back again. I can hardly wait until my grandkids tell me about this awesome new technology called Local Area Networks. Arnie Bellini had a good message for the IT Nation on this very topic.


You know you’re getting old when you’re standing in the lounge thinking, “Who let all these kids in here?”


There were some terrific speakers and presentations at both the ITN and HTG events. The former, I witnessed; the latter, I heard about, as I’m not actually an HTG member. I definitely get presenter envy, as my own skill set in this area stopped progressing in the last century. I’m amazed at how much information can be presented in an hour with the preparation and technology brought to bear by talented people.


It goes on and on, the buttery goodness of such a well-executed event with the energy of true community. It’s great to witness and to be a part of it. I think a lot of people feel the same way. Congratulations to all involved, to the hosts and attendees alike. Can’t wait until next year.

Kent McNall

Kent McNall
President and CEO
Quosal LLC


 

Quosal at SMB Nation Fall 2010.

 

At Quosal, our team’s e-commerce experience goes back a long time, into the depths of the pre- “dot-bomb” years when e-tail was growing at a remarkable rate, and state-of-the-art online technology was brought to bear on e-commerce solutions of the type that we implemented for many well-known retailers. The burgeoning online technologies were becoming available at just the right time to provide excellent online solutions for our brick-and-mortar retail customers, and companies like Amazon.com were lighting the way for purely online play.

Fast forward some 10+ years, and lately we’ve seen some noise around e-commerce (again) for the IT market, as if it were something new that the market has just now discovered.

In our quote-and-proposal-automation line of work, we have occasion to talk with many information technology providers who have e-commerce offerings through one of many current providers, such as ChannelOnline, VARStreet or any number of equivalent systems. Our conversation is often in the context of looking for alternatives to those systems for their core need of product quoting, but the inevitable question is, “Do you provide an electronic storefront?” In this context, I always query, “How many orders have you taken from your storefront in the past few months?” The inevitable answer: “Few to none.”

So, is traditional e-commerce something today’s IT provider and/or MSP really needs? In a word, the answer is “No.” In two words, the answer is “Hell no.”

But do those same companies need to offer the convenience of online shopping, option selection and order execution? The equally strident answer is “Absolutely yes!”

E-commerce is the opposite of what today’s IT provider is about, which is expertise, understanding of needs, and total care based on specific knowledge of the customer. Sending a customer to an online store throws a lot of that out the window. The message to the customer is, “You don’t need me, just go find it yourself!” Once you’ve given that message to your customer, they’re half a step away from a much larger, more powerful online provider.

To be at all personalized, an e-commerce site must be maintained and cultivated by someone who knows what they are doing. Many are the companies I’ve talked with who know they’ve spent more money in labor to maintain their site, catalog and customer-specific features than they’ve brought in via the site.

There are several essential disconnects between a traditional electronic storefront and today’s MSP.

Messaging. Today’s IT provider wants to be the customer’s trusted advisor, someone who is giving sound advice based on their expertise and knowledge of the customer’s specific needs and resources. The messaging of an e-commerce site is the opposite: “You don’t need me, just go shop online.” Or, “Just buy what you’ve bought before, because our e-commerce site shows you your history. No thought required, nothing ever changes.”

These are not the messages of a trusted advisor.

Another important message to your customer is your own image. This is often enhanced when you first set up an e-store and put a lot of thought and resources into the organization, selection and other aspects of the e-store. But inevitably, this effort falls off – because it is often too time-consuming for the return on time. The site degrades, and is no longer a positive reflection of your company. This is a highly common occurrence.

We’ll take care of everything. Except new equipment? Many MSPs are moving into managed contracts, HaaS, and other arrangements that basically give the customer the warm fuzzy blanket of “it’s all included, we’ll take care of everything.” Sending the customer to shop for themselves on your e-store is anything but.

The wrong battlefield. It’s virtually impossible for a small company to compete with the Dell/CDW/Newegg/Apples of the world. Read your Sun Tzu — you’re simply taking the battle to the enemy’s favorable ground. Once you’ve given your customer the blessing to shop online, they’re half a step away from better selection, pricing, marketing and site maintenance.

Today’s Relevant Solution

A much more relevant solution is offered by Quosal and our ground-breaking, market-leading online quote delivery and order execution solution, Order Porter. This is the middle ground, preserving the MSPs position as the trusted advisor, yet providing the convenience of online shopping, option presentation and selection, and order execution and payment.

We at Quosal have simple evidence that this is today’s topical, relevant online solution: We have hundreds of successful MSP and IT providers in the SMB space successfully using Order Porter to capture business every day – yet I have encountered barely a handful successfully employing e-storefront solutions. The simple, immediate and compelling level of success achieved by our customers, as illustrated in this case study, shines far brighter than any success story an IT provider has shared with me about its e-storefront.

Think twice before embarking on the long-term commitment that such a storefront truly represents. A much easier, less expensive, lower maintenance option that is consistent with your client messaging is readily at hand!

Kent McNall

Kent McNall
President and CEO
Quosal LLC


 

I make no bones about the fact that I’m a fan of Apple. They’ve recently become the technology market leader in key financial aspects, but in my mind they’ve been the market leader in almost every important way for a long time, especially in vision and innovation.

For example, while I know that there are dozens, or hundreds, of iPhone knock-offs that are much less expensive than the original created by the innovators at Apple, I’ll keep buying the iPhone. Why do I do business with the innovators rather than the “me too” followers?

First, I like to support innovation, and I can most directly do that by voting with my dollars. While the product may cost more, to me that’s the price of originality and the risk of putting something new on the market and in the world – and it’s worth supporting.

Second, I know that the innovator of an idea or product brought that new thing forward by plan and purpose after baking it just right – not as a reaction to what someone else did. There’s a longer-term vision and roadmap, while the “copycats” that come after have to wait and see what the innovator does next.

Third, there’s almost always a quality drop-off in the imitator’s products. This is a function of the rapid product development cycle in an effort to respond to the new idea; the fact that the new innovation may be very outside the inherent design of existing products; and the simple fact that the innovation may not be fully understood and may be difficult to “shoehorn” into an existing product family, architecture or design.

Finally, I’m not one to be years behind – and in many areas, you can’t afford to be years behind in a competitive market. This is truer today than ever, because some innovations change things so rapidly.

We’ve all seen dozens of iPhone-alikes come and go, making barely a blip in the overall scheme of things – an inherent risk in purchasing the cheaper clone. Yet the iPhone marches on. This discussion is not just about cell phones — it applies to all innovative products and the ensuing innovation-imitation-iteration cycle that drives creative competition. We at Quosal strive to innovate and will continue to do so. Those who come after are doing just that — coming after.

Go Apple!

Kent McNall

Kent McNall
President and CEO
Quosal LLC

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