Death of the Sales Funnel and the Life of your Brand

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DEATH OF THE SALES FUNNEL AND THE LIFE OF YOUR BRAND TYLER LARSON

Transcript of Death of the Sales Funnel and the Life of your Brand

DEATH OF THE SALES FUNNEL AND

THE LIFE OF YOUR BRAND

T Y L E R L A R S O N

Previously… on CazarinFest

Brand D.N.A.Core element for building engagement

• Demonstrating value• Nurturing Relationships• Applying insights

Next Step

• Process suggests a updated sales model.

• Technology has changed sales forever.

• Information has empowed the customer.

• Timing and transparency now the best sales tools available.

A Step Further

A Simpler Time

The Mantra of

The Sales Funnel

The Sales Funnel

• Process of Elimination– Clean–Measured– Focused– Linear– Predicable– Controlled

The Problem?

• Only addresses single need at a time.

• Leaves majority of prospects behind.

• Doesn’t reflect consumer experience.

• and…

It’s a Little Impersonal

The Perception

The Reality

Reality

• Consumers value autonomy.

• Provide more avenues for self-education

• Offer choices. Give more, and ask less.

• 60% of decision made before speaking to sales.

Reality

• Customers value autonomy.

• Provide more avenues for self-education

• Give more, and ask less.

Don’t Be a Shepherd

Be A Resource

What’s the alternative?

The Customer Life Cycle

Your brand is a flat circle.

Why Life Cycle?

• Advantages–More efficient.– Serving, not selling.– Create better customers.– Value relationships over transactions.–More opportunities for improvement.

How?

• Meet and engage leads in the channels they frequent.

• Provide info that matches needs and place in buying process.

• Use content to qualify leads, pinpoint customer tastes and identify gaps in the sales process.

What does it all mean?

• The Life Cycle model helps build a well rounded brand.

• Provide a little something for everyone.

• Tell a good story along the way.

• Choice = Insight

Make Yourself Useful

• “We’ve evolved from marketers convincing people to buy, to simply helping find what they intend to buy.”

• Forrester: Apr 10, 2014

Make Yourself Useful

Curiosity and Context

• Life cycle approach applies to businesses as much as consumers.

• Don’t neglect emotion and context when sharing your message.

• B2B and B2C are more similar than ever.

The Lines have Blurred

Where do we go from here?

• Play the long game.

• Build credibility through content

• Use channels to listen and learn

• When in doubt, give.

Now…

• What to do with that old funnel?

Get creative.

Enjoy Your Beverages