Transcript
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Welcome back to be tob growth.
I'm logan miles with sweet fish media.
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Today I'm joined by Carson Conan.
He is the founder and CEO over and
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media fly. Carson, welcome to
the show. How's it going today,
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sir, it's going great. Thanks, Logan. Awesome. We're going to
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be talking about some specific ways to
address remote selling and sales management challenges that
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pretty much everybody is dealing with these
days. Before we get into that,
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give us a little bit of context
for the conversation, Carson. So it's
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a little bit about yourself and what
you and the media fly team er up
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to. Men. Yeah, this
is great. Thanks. So. So
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we find ourselves an interest interesting spot
right now. So we're a sales namement
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platform which which has been a critical
solution for a lot of progressive companies,
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but it became a must have in
the last about, you know, eight
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to twelve weeks here. So essentially
a we're a platform that allows companies to
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manage all their sales clatteral one place, push it out to all their sales
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teams to present either through a remote
presentation, you know, sort of like
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this, or in place in person
presentation. And one of the most important
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things is allows you to track what's
actually working, which is one of the
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things that a lot of companies struggle
with, which is that they create,
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you know, mountains of sales clatteral
and they they burn about half of that
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spend on content that's never used,
is not effective the promise. They don't
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know which half is not effective.
So we actually help them track that.
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were kind of Google analytics for sales
presentations. So it's kind of funny the
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kind of debt the ends, which
is this this analytics Kip Aulity, understanding
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what contest driving revene, which Nott
is really, I think, what people
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buy, and in the means to
that is this kind of sexy sales application
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that the sales ups actually find and
present from absolutely if it's if it's not
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immediately adopted by sales reps and doesn't
matter how good it is on the back
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end. So I like what you
said there and I love the way you
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describe that of not knowing what sales
collaterals working. It's kind of like that
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age old saying half my marketing is
working, I just don't know which half.
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And you know, the same is
now true as you look at it
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as sales enablement has now been a
thing for a while and so addressing that,
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I think is is very key,
especially as I mean remote selling was
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for me. I made that shift
about two years ago and I just absolutely
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love it. There are other folks
that it's been just a few weeks and
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it's a brand new normal for them. So let's dive into some of the
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things that are different when it comes
to managing a presentation. So for sellers
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out there who are used to being
in front facetoface, one on one or
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in a in a conference room,
what are some of the challenges you guys
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are seeing and you're recommending for sellers
to address a different sort of presentation environment
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that now they have to accommodate for
their buyers? Yeah, that's a great
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question. So if you think about
what what things were like, you know,
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just even six months ago, you
know a big presentation might have been
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you know you you come in,
you've got a big carpeted board room and
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you're going to spend some time presenting, but a lot of the time is
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actually looking at the people, reading
body language. A lot of it's what
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happened on the way end of the
room, what happens on the way out
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and and then you spend a lot
of time on the white board and that
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kind of stuff. It's a very
different stale experience, right. And so
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sales and movement was already well adopted
in that in that area, but people
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were still relying heavily on that in
person experience. Now that everything's gone virtual,
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I think it's going to stay this
way long term, probably not to
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this extreme, but it's definitely change
behavior. Right. So what's interesting now
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is you have to be that much
more compelling when you're not in the big
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room together, right, and things
that you normally would have done, like
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going up on the white boarder much
harder in this scenario. Right. So
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so it puts a lot more emphasis
on good sale, sales collatter. Right.
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The ability to actually bring up something
that visually is, you know,
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engaging, allows kind of to deliver
some of that experience that you would have
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had in the same room together.
Right. And so what we're finding is
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that kind of the static, boring, powerful presentation is not going to cut
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it anymore. Right. It's not
going to cut it for you to send
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to somebody that they're going to look
through before the meeting afterwards and it's definitely
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going to cut it as something that
you're going to present in the meeting,
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because if somebody asks you a question, you know, first of all,
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you know it comes from a if
you're a big presenting a lot of people,
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might be one of a million little
tiles of faces. You are right.
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So you didn't pick up on that
on the experience. Right. So
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you have to have the ability to
pivot in the meeting and go go into
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these different topics. So we call
it interactive selling or interactive presentations, but
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we're seeing a big switch towards that, and I just as an example that
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we've been. There's a many.
We have a lot of manufacturing customers.
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We've got one that we've been trying
to go after for a long time,
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and these this is a very successful
company, and a lot of those folks
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have flip bones and a clipboard.
Right. They still do not sell off
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power point, they do not sell
off light, you know, laptops,
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and I've had instantly. This company's
now going back to a saying we really
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need this now because you know,
as soon as we're done teaching about how
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to use zoom, the next thing
we need to teach them how to use
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media fly right, and so that's
a good example to me of how this
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new world, you know this,
the interactive presentation, is not a nice
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to have anymore. This is critical
to kind of the one of the kind
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of four or five things you have
to adopt right now. Yeah, absolutely.
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I posted on Linkedin a couple of
weeks ago just something that I've picked
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up in being on zoom calls over
the last two years. I take zoom
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off of the maximize view, take
it off a full screen, put it
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on gallery view and adjust so that
if I if it's a one to one
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meeting or one to two something like
that, whoever I'm talking to is closer
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to the top of my physical monitor, so it's closer to eye contact.
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So I'm looking at them, I
can read them, but it also looks
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like eye contact. Anything else your
team is kind of picked up in nuances
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of either zoom or just the way
that they set up their surroundings or present
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themselves virtually like them. So yeah, good questions. So definitely the gallery
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view is critical, right, and
you see actually a lot of the you
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know, zoom did a good job
at the gallery. You you've already seen.
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I think what'Sapp just came out with
their own version and so did,
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I think, Google cool hangouts right. So people are scrambling because they recognize
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that that's that is the new Molo. You can't just do the one where
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you only see the persons talking right
to your point, because you got to
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try and be able to kind of
read the room to some degree. So
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that's definitely one that we picked up
on. There's kind of three of the
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things that I think you know,
less zoom specific, but more just kind
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of in this environment that I've always
been, I think, tenants of selling.
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But there they've all of a sudden
gone from you know, I think
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you know there were always certain sales
people that can get by without some of
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these things just because they were so
magnetic. We all we've all met these
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kind of sales people. We are
like, I don't know what you're selling,
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but I'll buy from right you just
you know, you're charismatic, you're
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handsome, you're pretty, whatever it
is, you're talented. Everybody that.
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I feel like the the the playing
field is leveled, you know I mean,
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and now it's so much more about
what you're actually selling. Then then
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you, more than I think,
ever and so so I think so some
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of the things we've seen now is
in additionally interactive selling, but definitely the
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value base selling, right. I
mean we've found that we acquired a company
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a couple of years ago that was
kind of the leader in value selling.
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So that was pretty timely for us. But essentially you have to build a
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justify the spend, you know,
because you know I can't, I can't
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get you over the line with with
kind of an emotional connection as much,
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but also that you know the with
Covid the budgets are are frozen, right
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we you know, we keep hearing
people saying our budgets are frozen and then
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you talk to him a little bit
more. They're spending money on some stuff.
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The question is, what are they
spending money on? Right? So
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how do you get your thing to
be the thing they spend money on?
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One of the one of the key
things we found is in our own use,
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but also when we're what we should
customers do is just hard Urli total
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cross of ownership value metrics. Right. So how do you actually quantify that
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in real time, personalized to that
company, and then be able to provide
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them back something afterwards that says this
is what we talked about. You're going
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to save this much money, you're
going to make this much money, because
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this is, you know, you
have to stand out at versus everything else
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in the Sea of need that that
CFO is looking at. And Ninety nine
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percent of other companies are coming saying
I need this thing. Why do you
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need it? Well, I just
need it right. But if you're the
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one that can say, well,
here's a here's a graph showing the you
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know, the value that we're going
to get in the Roy we're going to
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get, you stand out right and
so that, I guess, it's which
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one of those things where where it's
always been the case but it's really the
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case right now. Yeah, absolutely, that's interesting. I had not seen
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Google hangouts new gallery view. Is
actually what we were kind of divided here
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is sweetfish between Google hangouts lovers and
zoom lovers, and I was like every
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time we had an all hands or
a larger group meeting on Google hang out,
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so I was like, I just
can't do this, guys, this
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this doesn't make sense. You make
a really good point about the value based
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selling, because I can't tell you, of Carson, how many sales calls
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I've had recently where it's I just
had an hour long call with finance.
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I'm going to talk to the CFO
right after this, and that doesn't really
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like. If you're selling to marketing, like I am, that's that's true.
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If you're selling to HR, if
you're selling the IT, if you're
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selling to sales, sales opposite,
it doesn't matter. Right. They are
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having a lot of conversations with their
CFO and their finance department right now,
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and so thinking about that one.
Can you get finance involved in in some
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way? Can you find out the
different levers that that finance is looking at,
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because not every organization is the same. Sometimes it is. Well,
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length of commitment is really important or
Yep, know the total commitments. Okay,
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as long as we can pay monthly
or quarterly, those sorts of things.
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So I think one giving your stakeholder, giving your buyer the Ammo,
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if you will, to go back
to finance and know what questions they're going
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to ask and be ready for those. But that takes some questions right and
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asking those questions, like, Hey, Carson, most of our customers are
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really concerned about the total commitment right
now. What if we broke this into
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for shorter term commitments with a renewal, you know, at the end of
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each quarter or something like that.
Would that help you with the conversation with
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finance? Oh yeah, it actually
would, right, and that that little
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change might accelerate your deal tremendously so, and I think with the solutions you
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guys have and others, can really
enable that as well, because it's about
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the questions and the conversations they're going
to have internally. But then how did
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they present it? Are you giving
them an easy way to translate what you've
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said? Are you guys seeing some
of that in some of your customers,
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kind of arming them for those internal
conversations to definitely, and I think you
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know what, I think you said
it perfectly. I think those are exactly
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what the conversations are happening internally.
What I think it's interesting is it's kind
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of like that dumb and dumber in
the DU human dumb or Dun where he's
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like, you know, it's,
you know, only one in a million,
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or you know, I'm not in
a million years, and he's like
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so you're saying, I got a
chance, you know, and I feel
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like that's what we what what we
hear, or I think what anybody hears
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when they're trying to sell right now, is budgets are frozen. All right,
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you know. So look, you
know, digging it a little bit
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more and they're like, well,
budgets are frozen, we can't spend any
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money for the next thirty days.
Okay, so what you're saying is it's
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a it's a cash issue over the
next thirty days. So let me figure
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out how we can, how we
can structure that. But would you sign
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it like you're saying? Would you
sign a three year deal where we don't
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charge any cash until a little bit
later? And we're seeing a lot of
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people now, we're spont of that, saying yeah, absolutely, we would
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do that, which the interesting thing
is we wouldn't have afore. But I
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feel like a lot of people internally
have gotten educated really fast on what what
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it takes to actually get something purchased, because they know how hard it is
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where's I think in the old days
we might spend two or three months in
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a conversation with somebody and then then
they go to purchasing and then find out
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about there some issue. Right now
I feel like everybody is already aware of
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this. So we actually come in
up front saying you're probably going to run
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into this. Let me tell you
how we can help get around this.
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And then, to your point,
quantifying that act seen providing something. I
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mean we you know, in these
calculators, where we did this for one
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cuss recently that they actually wanted,
they're using me to fly tremendously where.
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They came back saying, we've been
asked to cut, cut our class back
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by, you know, twenty,
five, fifty percent, and so we
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said, okay, well, that's
interesting. You know, is it long
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term? Not a long term?
We Love You guys? Great, well,
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this do a four year deal.
We actually increase because they also want
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to increase their usage. Right.
So they got like, I want to
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grow with you guys, but the
same time I'm being told to cut costs.
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So we came back saying, well, let's say, what we'll do
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is we're going to reduce the amount
we charge you for the next year and
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then we're going to but we're going
to give you access to all these new
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users you want and then we're going
to step up the payments. So actually,
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over the total contract value, we
actually increase our revenue, and so
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we see it as an expansion.
They see it as a savings. But
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if we hadn't quantified that, in
visualized it for something, they could,
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you know, they could compantly take
back this CFO. They never want to
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work. Hey, everybody logan with
sweet fish here. You probably already know
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that we think you should start a
podcast if you haven't already. But what
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if you have and you're asking these
kinds of questions? How much has our
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podcast impacted revenue this year? How's
our sales team actually leveraging the PODCAST content?
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If you can't answer these questions,
you're actually not alone. This is
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00:12:39.830 --> 00:12:43.860
why I cast it created the very
first content marketing platform made specifically for be
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Tobe podcasting. Now you can more
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getting greater visibility into the impact of
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terminus and here at sweet fish have
started using casted to get more value out
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of our podcasts, and you probably
can to. You can check out the
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product in action and casted dot US
growth. That's sea steed dot US growth.
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All right, let's get back to
the show. Yeah, absolutely,
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and you're not going to realize how
to creatively structure those deals unless you ask
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those questions and it to your point, if you're not learning from the deals
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that you're working, if you're just
going in and saying, well, what's
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important to finance? Right, right, you've got to lead your buyer and
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say, Hey, the last conversation
I was having very similar to this.
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They got to finance and they got
hit with these three obstacles. Do you
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know about? You know finances position
on these three things? Well, no,
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number one is a little bit different
for us to they kind of view
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this differently. Three, I don't
know. I'll have to find that out
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and get back to you. And
then you you know, you have a
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little give to get checklist right.
Okay, well, if you can get
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that from finance, I can get
this to you by next week. Those
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sorts of things I love. They
get to give checklist that John Barrows talks
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about a ton and I think that
comes into play here quite a bit.
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Yeah, just wanted to I want
to edit at which I think is really
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interesting. I did. I just
occurred to me, which is that you
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know, historically there was a lot
of that let that end sale, where
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somebody had to go into somebody's office
and try and get them over the line
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right. And so there's always been
this element of you're trying to arm that
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person for that conversation right, because
you know that they can't speak, they
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can't speak about your product as well
as you can, they can't quantify the
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value as well as you can.
And so this is why I think,
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you know, value selling is always
value, because if that person going to
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walk in and say here's the rlie
graph, which not everybody is a you
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know, is a you know as
a quant you know Jock, so they
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can't all build these models, but
also giving them a presentation that they can
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show to that person, you know, that has animation, that has the
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kind of builds a story. So, you know, a boring powerpoint presentation
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that has a graph is so different, for instance, when it shows like
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okay, let me, let me
layer in one and the member pointed to
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something. So I mean, I'm
gonna Blay in the next one point something.
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So that's what we can we talk
about animation and kind of animated presentations.
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That, to me, is one
of the critical things because it does
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allow you to build a story.
I can kind of, you know,
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our marketing folks can build it or
whoever our customers are. Then they can
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put in the hands of people that
are going to do an internal sale.
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Right, that we have a lot
more confidence that they can do that internal
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sale when they when they're using something
with animation, something with quantified value.
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Right. And last piece that is
tracking. Right. This comes back into
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Google and lugs piece, which is, you know, we also understand when
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it was actually presented. Right,
so we know when they shared it.
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You know, we shed it to
somebody, so they we then see in
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our in our system, and attracts
back to crm. You know, I
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send it to Joe, Joe sent
it to Bob. Bob Looked at it
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for thirty seconds and we spent two
minutes on these different pages. So I'm
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going to call Joe and say,
Hey, I'm not sure if you know,
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but your cfo spent time on these
different pages. This is what I
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think we should re unfortunate them.
You know, that sort of tracking and
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understanding. Is this critical right now? Yeah, for anybody listening right now,
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hit the fifteen or thirty second back
button real quick, because what you
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said they are, Carson, just
really quickly at the end, was super
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tactical. You know, there are
proposal tools. There are sales enablement platforms
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that give you tracking and who clicks
and who views and we kind of just
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like Oh, yeah, that's good
information to have, but not necessarily doing
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something with it. And just an
example there of seeing a forward looking at
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the time spent by someone you've never
spoken to, maybe higher up or in
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a different department like finance, and
going back to your sponsor or your your
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stakeholder that you're working with primarily and
giving them that information. It just reinforces
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that, Hey, this is a
partnership. I'm trying to help you,
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not just win the sale myself,
and I'm not gonna, you know,
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follow up with the CFO and say, Hey, would you think of page
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one or whatever, because you don't
have a relationship over there. So I
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thought that was that was very useful. Carson, I want to spend a
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couple minutes just speaking to sales managers
a little bit. We've talked a lot
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about remote selling strategies in this new
normal. We've talked recently with others about,
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you know, the challenges for sales
managers with remote coaching. There you
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know, a number of tools that
help with this, like Corus and gone
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right now I don't know what I
would do without. Course, do ai,
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but it goes beyond just having a
tool to be able to see what
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your reps are doing and then provide
coaching. What are some of the things
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that you have found our of even
more importance for sales managers right now in
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this remote selling environment? Yeah,
it's a great question. So I definitely
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think course and going that category is
one of the most important right. So,
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actually understanding what people are saying in
real time is pretty pretty helpful and
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I think in this environment, you
know, access to a lot more conversations
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than we used to write, because
it used to be you'd miss out on
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all the stuff that was done over
coffee, right, you know, you
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know having those presentations anymore. So
so those solutions are much more critical.
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You know. I would say adding
to that in terms of training, you
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know this whole concept of micro training, I think is is really interesting and
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you know, if you think about
the old lms style or the old kind
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of training model where you bring everybody
into a room and try and teach them
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and you do this once a month
or once a quarter or whatever, and
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you know, when you've got tens
of thousands of people. It's you know,
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it's an it's an audacious task to
try and train all these people on
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how to sell, right, even
if you've got hundreds of people. So
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there's been these lma solutions for a
long time, but there are a lot
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of times are heavy. They're designed
for compliance, right. They're designing for
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like, you know, such a
harassment, that kind of stuff. Right,
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they're not designed for breaking. You
know, a new capability came out
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of new feature, new product came
out. How does how do hundreds or
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thousands of people learn about about that
and, to your point, how to
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meet? How do I, as
a sales manager? How am I confident
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that they've learned about it? Right? So, so I think, you
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know, if I kind of think
about the life cycle here, it's,
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you know, it's something new comes
out when we think about its. You
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create this micro training and then you
create a some some interactive sales collateral.
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That's it's modul right, we call
vignettes. So rather than the old model
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was, you know, if you
think back to kind of what the big
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tech companies should have, what they
called Level One, level zero decks,
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right, would be this this thirty
page powerpoint presentation which would be level zero,
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then you have like a hundred page
one to be level one, and
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your job is to chop out all
the pieces that you're going to need for
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the next meeting. You know,
we think everything comes down to vignettes or
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small pieces, and so you're training
is micro, your sales collateral is micro
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and then you use an application like
medi fly to to navigate to what you
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want to present that in real time
or you can do it at a time.
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And then when you're actually presenting,
you know you've got kind of a
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combination of chorus and going where you're
actually recording the conversation right, what's actually
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happening real time, but you're also
recording what is actually presented. So because
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you get two different get two different
perspectives there. Right, this is what
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I actually you know, they showed
and this is what was then recorded.
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Then ultimately all that stuffest at and
up back in crm. And I think
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one of the big things that's missing
in a lot of cases for sales managers
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is it's not there's no magic piece
of content, there's no magic phrase you're
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going to use to win a deal. So it's all about kind of statistics
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across like what is that. What
are my sales teams doing across everybody?
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That's working right, like what?
Like what? What contents being used or
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what? You know that that is
working, is driving revenue, is tied
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back to crm and which things aren't
right. And so I think, I
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think that sort of you know,
kind of collection is one thing that's really
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missing in a lot of solutions and
you kind of got to bring it all
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back to back to Crm, but
that to work. And that's where I
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think, you know, although we
all love going on out listen to the
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you know, listen to what happened
on a certain thing, what's what I
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think is more interesting is is how
many of my sales people use talked about
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this brand new thing in the last
thirty days, right across everybody? Okay,
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now the ones that did, did
they do better or worse than the
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ones that didn't? So that sort
of analysis or the ones that presented using
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this interactive value, you know,
value selling tool, that they outperform the
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ones that didn't use it, satistically
speaking, if they did. Now let's
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do more microtraining, let's do more
pushing on that. You know I mean.
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And so I think it has to
be this close loop back to crm.
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Absolutely, I love what you're talking
about their Carson. Just to kind
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of recount for folks, we've touched
on a number of things in the remote
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selling environment. One turn on gallery
view. Just do it, don't don't
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skip that. You've got to lean
into justification in your selling process. So
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you might have to revisit some things
over the next week or so, but
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if you spend some time thinking about
where am I providing justification and how am
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I telling that story, it's going
to be time well spent to set you
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up for the rest of this quarter, the rest of this year, the
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rest of this new normal. Right. And then I really liked what we
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kind of rift on their Carson,
talking about enabling your sponsor with with not
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only data but visual elements. For
anybody that kind of wants to dig into
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that, we did a previous episode
with Nancy Duarte. The one mistake to
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avoid when telling your brand story.
We were talking about her book data story
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a lot about how marketers as well
as salespeople can tell data in a visually
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compelling way. So if that's,
you know, something that you're leaning into,
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definitely check out that previous episode and
then what you said it here,
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Carson. To wrap it up,
for sales leaders, focus on micro learning
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and really the way I kind of
summarize what you were saying there is look
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for themes. It might not be
as simple as, you know, searching
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your call recording tool for a keyword. It might be thinking about, okay,
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taking some of that quantitative and mixing
it with your own qualitative thought process
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about how do we kind of slicendise
what's going on to to have those themes
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emerge and then we can adjust our
training and coaching around that. So,
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Carson, if you want listeners to
take one thing away from this episode,
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I mean we're facing a lot of
challenges right now, just anxiety levels or
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up budgets or being cut, as
we talked about, all that sort of
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stuff. So for salespeople, sales
leaders and everybody out there, there's a
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lot of challenges. Any parting words
you want to share with listeners, given
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the current state of things? Yeah, so just one thing I want to
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share, which is, and this
is not about not about me to fly,
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which is that there was this great
quote that I love, which is
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that Andy Grove, one of the
CEOS of Intel, said during one of
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the former crisis. These bad companies
are destroyed by crisis. Good companies survive
390
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them, great companies are improved by
them, and I just think this is
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such a neat concept, and I
know that I dusted this off when we
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were going through our kind of covid
reaction, but I'm in a unique position.
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I get to work with hundreds of
companies and I get to see companies
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from the same industry behaving so differently
right where some of them are saying they're
395
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hunkering down and they're just getting into
like paralysis of analysis mode, and then
396
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you see this another company that exact
same industry saying this is our chance,
397
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this is our chance to do to
beat our competition, do better. Right.
398
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So I guess my last thing I
would say is just, you know,
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this is not the time that's to
freeze. This is a time to
400
00:23:45.279 --> 00:23:49.279
reinvent, because somebody in your industry
is going to write and if it is
401
00:23:49.400 --> 00:23:52.319
you, it you know there's a
good chance not every all your other competitors
402
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are right. And so so that's
that's the last piece I would add is
403
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just, you know, don't stop. This is a chance to reinvent.
404
00:23:59.869 --> 00:24:03.589
Never waste a crisis, right,
do something with this. This time we're
405
00:24:03.589 --> 00:24:06.710
going to fade up. Never stop
believing right now. Yeah, exactly,
406
00:24:07.069 --> 00:24:11.700
close this out. I love the
encouragement you're ending it with, Derek Carson.
407
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I've I've seen the same things talking
to marketing teams that's save our budgets
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are being cut where, you know, not investing in growth right now,
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and others that have said, hey, we have this of then budget,
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we're going to shift it over to
podcasting, because if we are adding valuable
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thought leadership content to our space,
whether we serve manufacturers or SASS companies,
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we want to be seen as adding
value right now, even if our customers
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aren't buying, because we're going to
come out the other side stronger. So
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I'm right there with you. I've
been working with teams that are kind of
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facing it or tackling it one way
or the other. There is a huge
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opportunity to here, Carson. If
anybody listening to this has now you've popped
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00:24:52.230 --> 00:24:55.789
up on their radar, they want
to follow up with you on anything that
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00:24:55.869 --> 00:24:57.750
you've shared or just stay connected with
you in the media flight team. What's
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00:24:57.750 --> 00:25:00.230
the best way for them to do
that? Yeah, like linked. It
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00:25:00.349 --> 00:25:03.869
is the best. I live on
Linkedin. Awesome, make it nice and
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00:25:03.950 --> 00:25:07.900
easy. Carson's linkedin profiles in the
show notes as usual, so check that
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00:25:07.019 --> 00:25:11.220
out, shoot him a connection request
and let him know you heard him rank
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here on BB growth. All Right, Carson, thank you so much for
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being on the show today. Man, this is great. I appreciate it.
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I hate it when podcasts incessantly ask
their listeners for reviews, but I
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00:25:22.049 --> 00:25:26.730
get why they do it, because
reviews are enormously helpful when you're trying to
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00:25:26.730 --> 00:25:30.369
grow podcast audience. So here's what
we decided to do. If you leave
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00:25:30.410 --> 00:25:33.250
a review for be to be growth
and apple podcasts and email me a screenshot
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00:25:33.369 --> 00:25:37.319
of the review to James at Sweet
Fish Mediacom, I'll send you a signed
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00:25:37.400 --> 00:25:41.079
copy of my new book, content
based networking, how to instantly connect with
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00:25:41.200 --> 00:25:45.279
anyone you want to know. We
get a review, you get a free
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book. We both win.