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:

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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 »


 

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 »


 

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


 

One aspect of our business here at Quosal that has been very gratifying is the high adoption rate of our solution. In this case “adoption rate” refers to the percentage of customers who implement, use, and receive the benefit of Quosal soon after they purchase it.

Having been in the enterprise software solution business for some time, I’ve certainly seen the opposite — companies that make a significant investment in software (and other infrastructure) that don’t actually implement the solution or are “turned back from the gates” of implementation. In some cases, writing the check for the software/services was the first, last and only action item taken toward implementation! In other cases, a sincere effort is made, but the company loses steam and the initiative falters.

The desire for change of business process is almost always sincere and founded in real need. How can a business “punch through the target” to ensure that ROI is received from such an investment?

Change is an act of management will. In a small business, management and ownership are generally synonymous. The mandate for change must always start at the top, just as the authorization for the investment usually does. Without this mandate and the driving desire for business process change, it often does not happen – especially if multiple departments are affected by the change.
Beyond this, there are practical “drivers” that will help ensure that change will occur in a beneficial, building manner.

Big Wins: The carrot of a significant win in the process can help pull change-averse staff and organizations through an implementation. Such wins come in many forms. I’ve seen what looks like surprisingly small “wins” from the outside drive huge changes.

Ease Their Pain: A corollary of the Big Win — reducing a pain point can help drive change.

Desire to Be the Best: Many organizations are motivated by the simple desire for improvement – taking another step toward excellence.

We Don’t Fail: The corollary to the above, a successful implementation is the obvious alternative to a failed implementation, which is an undesired black eye for many.

Many executives and owners feel that the simple mandate of “it’s your job” will win the day, but looking a little further into the heart of successful change management can smooth the road, and speed the path to ROI.


 

I had a great conversation with a business owner this week that reminded me how quickly a small shift in thinking can positively change your business.

Both this fine gentleman and his industry shall remain unnamed. He related that he’s been in his industry for over 30 years, and has seen many changes, in good times and bad. One thing that has always been a difficulty, he said, was the lack of good software to automate the business processes for product- and service-providers like himself — including quoting, which is how he found us.

“I realized something,” he said. “We’re not an information technology company, but for all practical purposes, we are. We provide the same kinds of products, the same kinds of installation and maintenance services, and have the same kind of service dispatch.

“I’ve been focused on trying to find software specific to my industry,” he said, “But I’ve just realized the software for the IT industry is a perfect fit for us.”

In coming to this realization, his outlook on a previously stressful topic — automating his business process — has completely turned around. What’s more, he’s eager and excited at the possibility that the paradigms of another industry are so like his own, that the systems created over the years for that industry will be a great fit, too. His enthusiasm was infectious.

There are many business problems large and small that can be resolved with that shift in thinking, that triangulation and a fresh approach. There’s no guarantee that there won’t be a “gotcha” in this gentleman’s plan and his business, but I hope it works out perfectly for him.


 

In their excellent book Rework, the brains behind 37signals declare that the real goal of your business is to sell you as the curator of your product. Anyone can sell products, but you’re bringing your expertise to the table when you ask me to buy your product.

So, what does your proposal document tell me about you? It could tell me everything — or nothing.

Pour yourself into your product and everything around your product, too. How you sell it, how you support it, how you explain it, and how you deliver it. Competitors can never copy the you in your product.

Do you have the right tool to pour yourself into your product? Or are you just handing customers a list and asking them to sign on the dotted line (and fax it back)?


 

Your business doesn’t grow as big and as successful as it can be. It grows as big as you let it be.

After many years of being in business as an entrepreneur, this is one of the conclusions I’ve reached about small businesses, especially those that are entrepreneur-led. One of the greatest limiters on the size and success level of a business is — us. Ourselves.

While the solutions we provide to our customers span across business enterprises of all sizes, we are often working with the SMB market, and companies struggling to grow their sales. One of our challenges is to educate our customers, to help them understand the critical nature and importance of the quote and proposal processes.

Every investment of time and money by a small business in new process and infrastructure is critical – potentially impacting the business for years. Decisions like moving to new space, selecting an accounting system or a law firm all have potentially substantial impact. Many of those decisions are driven by the often subconscious factor of how big and successful we choose to let our business be. In my own experience, I have rarely regretted a decision that lets my company grow — that takes a risk and makes a bet that we can be bigger and more successful.

We consider the decision that small businesses are making when they’re choosing a new quote and proposal solution to be such a “nexus” point. It’s a decision that will affect the success and growth of a company for years to come. The customers who decide to go with Quosal often spend more money than they have to — but they’re making a decision to let their companies be bigger and more successful, opening the door to growth.

At this time more than any other, I believe small businesses are going to lead the charge back to economic health and stability. Let your company grow and be successful.

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