Post on 14-Jul-2015
WWW.TALLWAVE.COM/SANDCASTLE JERROD.BAILEY@TALLWAVE.COM
Mention:
@jerrodbailey
@tallwave
Hashtag:
#PHXstartupweek
#ChaseBasecamp
#yesphx
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Jerrod Bailey, Partner and SVP at
Tallwave
Jerrod has spent the last 15 years in
technology companies focused on B2B
markets in Business Development,
Product and Marketing capacities.
Tallwave is a venture development and
venture capital firm based in Scottsdale,
AZ focused on growing companies from
Idea stage through Commercial
Sustainability. Over the last 4 years at
Tallwave, Jerrod has helped develop
over 50 companies.
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Beyond Social Selling:
Growthhacker Methods for Filling
Sales FunnelsInitiating – The relationship
jerrod.bailey@tallwave.com | @jerrodbailey | #growthhackme
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
GROWTH HACKER PROSPECTING STEPS
empathy selling
1. Find Your Customer [by getting to know her]
2. Reach Out [with messaging that speaks to her]
3. Sell [by asking questions about her]
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
STEP 1: Find Your Customer
Building a Super-list
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
WHO IS YOUR BUYER?
Titles?
VP of Human Resources, CFO
Industries?
Manufacturing, Supply Chain & Logistics
Geography?
Western US
Company Size?
Less than 500 employees
Image: http://www.omnicircuitboards.com/blog/bid/239449/Having-Too-Much-Fun-Working-in-Printed-Circuit-Board-Manufacturing
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
BOOLEAN EXPRESSIONS
(“peanut butter” AND jelly) OR “PB&J” OR “PB and J”
AND Sandwich -apparel
http://foodspin.deadspin.com/peanut-butter-sandwich-pairings-ranked-1142578368
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
LINKEDIN ADVANCED SEARCH
Boolean!!
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
(VP AND HR)
6,972results
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
(VP AND HR) OR CFO
124,291results
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
((VP OR Vice) AND HR) OR CFO
124,368results
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
((VP OR Vice) AND (human OR HR)) OR CFO
146,391results
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
((VP OR Vice OR Dir OR Manager OR Mgr) AND (HR OR
human)) OR CFO
371,778results
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Now What?
371,778results
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
You’re Not Going to Believe How We Discovered This...
371,778results
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
http://linkedintool.com/
371,778results
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
STEP 2: REACH OUT
Image: http://wanelo.com/p/1670089/thinking-of-you-card-in-a-non-creepy-way-light-blue-robins-egg-blue-white-single-card
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
1-3% Open Rate
1-30% Open Rate
TRADITIONAL INBOXES
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
ALTERNATIVE INBOXES
80-90% Open Rate
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
300 CHARACTERS. MAKE ‘EM COUNT!
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
WHAT IS VALUABLE TO THEM?
•Need advice approach
•Building community approach
•Looking for a contact approach
•Launching new tool approach
•Announcing big event approach
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
OPTIMIZING YOUR PROFILE FOR CONVERSION
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
OPTIMIZING YOUR PROFILE FOR CONVERSION
1. Tagline
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
OPTIMIZING YOUR PROFILE FOR CONVERSION
1. Tagline
2. Picture
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
OPTIMIZING YOUR PROFILE FOR CONVERSION
1. Tagline
2. Picture
3. Background
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
OPTIMIZING YOUR PROFILE FOR CONVERSION
1. Tagline
2. Picture
3. Background
4. Keywords
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
OPTIMIZING YOUR PROFILE FOR CONVERSION
1. Tagline
2. Picture
3. Background
4. Keywords
5. Skills
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
How Many Prospects Can a Full-time Person
“Touch” in One Month Using this Method?
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
How Many Prospects Can a Full-time Person
“Touch” in One Month Using this Method?
Answer:
~2,000
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Who Has That Kind of Time?
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Answer:
Who Has That Kind of Time?
Image: http://outsourced.ph/
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Navigating the
First Date
Building a Solution
Development Prompter
Image: http://www.oliverhustle.com/page/2/
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Comes from
Customer-
Centric Selling
by Michael
Bosworth, 2010(www.customercentric.com)
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Turns You
From This...
Image: http://stilltraining.com/sundayblog/
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Into This.
Image: http://blog.healthjobsnationwide.com/different-types-of-therapy-jobs/
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Or this.
Image: https://hashtalk.org/topic/14313/if-you-sell-your-prime-hashlets
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Offer Value (in the
form of a question)
Listen
Listen
2
3
4
Lots of Discovery
Questions 1
Image: http://www.amazon.com/Plastic-Treasure-Party-Accessory-count/dp/B000R4OGZE
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
STRUCTURE OF A SOLUTION DEVELOPMENT
PROMPTER (SDP)
BENEFIT
NAME
DISCOVERY/PROBING QUESTIONS VALUE OFFERING
XYZ
BENEFIT
How you do [this] today?
Who is responsible for [this]?
What do you like or not like about how you're
doing [this]?
What happens if it goes wrong?
Do you spend time or money to solve this
problem?
If … User…
Could Do this action…
And Achieve this outcome…
Would
that be
Useful? Helpful? Valuable? (Why?
How much so?)
XYZ
BENEFIT
How you do [this] today?
Who is responsible for [this]?
What do you like or not like about how you're
doing [this]?
What happens if it goes wrong?
Do you spend time or money to solve this
problem?
If … User…
Could Do this action…
And Achieve this outcome…
Would
that be
Useful? Helpful? Valuable? (Why?
How much so?)
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
“So, I just heard from you that you [summarize
pain], and that you’d be interested if we could
[list items of ‘reach’]. How about we schedule
a meeting to walk you through how we would
do those things. You can then decide if you are
interested in talking further. Would you like to
take that next step?”
THE CLOSE
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
What Is the Single Biggest Factor for Success?
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
What Is the Single Biggest Factor for Success?
Answer:
Empathy!
jerrod.bailey@tallwave.com | @jerrodbailey | #PHXstartupweek
Come Hack
Sales with
Us!
http://saleshacknight.com/