Archive for May, 2009

Hard Times

Friday, May 29th, 2009

I thought this was pretty good…

There was a man who lived by the side of the road, and he sold hot dogs.  He was hard of hearing, so he had not radio.  He had trouble with his eyes, so he read no newspapers.  But he sold good hot dogs.  He put signs up on the highway telling how good they were.  He stood by the sid of the road and cried, “Buy a hot dog, mister?” and people bought.  He increased his meat and bun order.  He bought a bigger stove to take care of his trade.  His business was good and growing daily.  Finally it became so big that he called his son home from college to help him.  But then something happened!  His son said, “Father, haven’t you been listening to the radio?  Haven’t you been reading the newspapers?  There’s a big depression on!  The European situation is terrible.  The domestic situation is worse.  Everything’s going to pot.”  Whereupon the father thought, “Well, my son’s been to college.  he reads the newspapers and listens to the radio, and he ought to know.”  So the father cut down on this meat and bun orders, took down his advertising signs, and no longer bothered to stand on the highway to sell his hot dogs.  And his hot dog sales fell almost overnight.  “Your right son,” the father said to the boy.  We’re right in the middle of a great recession.

Having Luck with Vertical Markets

Thursday, May 28th, 2009

It has always been a good idea to work a vertical market. In today’s market it is vital to success. I have had recent luck with car dealerships. The ones who are still selling cars are great candidate for MPLS. They generally have multiple locations and high usage at each. Add a couple remote repair facilities and you are Golden. What other Verticals have people been having success selling?

Catching the Social Disease

Tuesday, May 26th, 2009

Guest Blog: Mike Saxby, Group Publisher, PHONE+ & Channel Partners

 

If you look around, you can’t help but notice that there is a social disease spreading at a pretty good clip. No need to alert the CDC or anything – this spreading addiction to social media is a good sickness to have in the world of relationship building.

Over at PHONE+, we have been working over the past few years to continue to build our online presence and e-newsletters. We have embraced social media in various forms, including the launch of the Channel Partners Network group on LinkedIn, where we now have more than 700 members, many of whom are active in the discussions on a regular basis. And when I see even more people taking the social networking bull by the horns, I am continually encouraged that we are all doing the right thing. For instance, Bill’s blog has seen great success on the PHONE+ Web site, and I have no doubt he will continue to garner a following with this new forum.

So, if the Internet has seen widespread public use for almost two decades, why is there so much talk about utilizing social media for business purposes now?

It’s almost as if personal applications and business applications have been on a path toward each other for quite some time, and now they’ve started to mingle a bit with each other on the bridge to the other side. People went from using the new-fangled chat function long into the night to keep up with friends on the other side of the country; and now, we use instant messaging every day in the workplace for quick communication across the hall or across the world. Twenty years ago, business advisers were encouraging entrepreneurs and enterprises to start a Web site and to be sure to put their e-mail addresses on their business cards. Today, a business might be advised to start a LinkedIn group, a Facebook or Twitter account, or even to utilize YouTube to dispense a message. And with huge companies like Google continuing to make a paradigm shift from consumer apps to business functionality – and using the channel to do so – the lines defining which Web tools are personal and which are business-related are blurring more each day.

The growing acceptance of social networking in the workplace also is no doubt influenced by the current state of the nation, and for that matter, the world. America’s recession-like economy has inspired innovation in many lines of business … marketing not excluded. Reaching a target audience via social media can be very effective, not to mention free of charge or relatively inexpensive.

And we can’t deny the effects of the environmentalism movement either. Companies are saving money AND reducing their carbon footprints by utilizing Web communication tools in business. Furthermore, social media is eco-friendly in that it doesn’t use the staggering amounts of paper and materials that, say, a direct marketing campaign would use.

Whatever the reason, it’s clear the time for social media is now. The networking aspects inherent in this phenomenon are very attractive to channel partners; and therefore, I expect the use of social media to be ubiquitous for successful partners in the next year or two. One thing the CDC would indeed say about social networking and social media – the conditions are now optimal for it to spread at a rapid pace.  

Communication Breakdown!

Monday, May 18th, 2009

I heard this famous Led Zeppelin song recently and it made me think about what is going on in our business and in our society in general. Lately it seems to me that everyone has forgotten how to communicate. I think this just might be one more thing we can blame on the economy right now.

It sure seems that almost everyone is scared of losing their jobs these days, customers are scared of making the wrong decision, and people are leery of long term contracts. However, all this really does is make things more difficult in the “real world.”

If you don’t know me already, you will find that I am someone that hits people right between the eyes with the truth. I have been told in the past that I need to filter it a little. But, lately I say the hell with that, let’s all just remove our damn filters. If we say we are going to do something by a certain time or date, let’s get it done by that time/date. Whatever happened to under committing and over performing? I have been noticing a trend in almost every aspect of our daily lives that people will just tell you what they think you want to hear – the hell with the truth. All this accomplishes is very short term highs followed by massive lows and disappointments. This is a trend we all need to break out of ourselves, or help people break out of by calling them out.

In the case of vendors – when you commit to delivering a quote of information, don’t commit to the date I want, commit to the date you can actually get me that information. For Agents – quit making promises to vendors you can’t control, and certainly don’t make promises to customers you can’t back up. For customers, if you need help internally don’t be afraid to ask for it – and show your value by standing out and making changes that are good for the company.

Why does it have to be so difficult? I think we should make the next week, National Be Honest and Follow Up On Your Commitments Week. I would like to have everyone make a special effort each day this week to be brutally honest with someone every day. Think of it as a kind of Pay It Forward kind of thing. Throw caution to the wind and remove your filter. I think you will like it and in the end I am confident almost everyone around you will appreciate it.

To make this whole thing entertaining – come back to the blog and post a comment regarding your ‘Pay It Forward’ moments – I am sure everyone will like to hear other people’s stories.

Until next time….

General Posts

Sunday, May 10th, 2009

This category is where all posts not associated with the Agent or Vendor blog should go (unless you are Leutzy – in which case you have you own category).  Please let me know if you have any suggestions.

Telecommunications Vendor, Carrier, Supplier, Wholesale?

Sunday, May 10th, 2009

This category has been created as an open forum for all suppliers, carriers, etc to provide a place to openly discuss your product lines and offerings.  It is our hope that this type of forum will result in a learning experience for many at the same time as offering a place for Agent Managers and the like to market their services.  We are confident the telecom industry can profit from this type of open discussion based blogging.  Please let me know if you have any suggestions.

Welcome Agents

Sunday, May 10th, 2009

To all agents, this blog has been created to provide a space where telecommunications agents of all types are encouraged to post any and all comments or opinions they have – hopefully mostly regarding their experiences, suggestions, complaints or the like regarding the telecom industry.  It is our hope that the entire agent community will profit from this type of open forum.  Please let me know if you have any suggestions.

The Blog Is Up and Running

Saturday, May 9th, 2009

All, it looks like we have the blog up and running on our website.  Everything before this was a re-post of what I had done on the Phone + web site.  Everything from here on out will be new and fresh.  I hope you all enjoy it and look forward to your comments.  I have a new blog in my mind and I am just working out the final details.  Please check back here soon!

100% of Nothing is Nothing

Wednesday, May 6th, 2009

Lately I realize that price, ethics and long-term viability of residual commissions seem to be the hottest issues on everyone’s mind. So, I thought I would give you my initial thoughts on the topics to get everyone ready for the upcoming show.

Price: When do you sell on price? My opinion is whenever you have to, 100 percent of nothing is nothing. I find this particular subject somewhat amusing as we all know that each client is different. A good salesperson should be able to identify when to sell on solutions and when to sell on price. Sometimes the lowest price is just needed to get in the door and get the clients attention so that you can sell on the actual solution.

My point is why would you ever walk away from a deal because you have to give away a little margin? How many times have you heard a carrier say, “I refuse to lose this deal based on price, just tell me where I have to be?” I hear that at least once a week!

I have always been a firm believer of getting in the door and proving your worth anyway you can. You may have to give a little up early in the relationship, but once you have built the confidence of the client you have gained a new loyal customer. Ultimately you just need to get in the door, because 100 percent of nothing is nothing and you don’t have a new customer to whom you can sell upgrades and future business.

Ethics: A lot of times I think ethics are tied right along with price. You should always be doing the best thing for your customer. Isn’t it in your best interest to keep your customer happy? Isn’t our goal in the channel to keep customers happy and continue to sell to them over and over for years to come? Well, making sure they always have the best price for the best service is paramount to that goal.

I have a rather large customer that always buys from me. Every once in a while they check other pricing just to make sure I am not pulling one over on them. If I inflate a price or don’t show them the lowest price, they will catch me. So, my ethics are correct here by making sure I always give my clients full disclosure on what is available in the marketplace for their needs. This disclosure includes price, customer service, reliability, performance etc. As long as I am completely up front with my customer, then I am confident that I am ethically in the right (and secured a long-term customer). Do we wish they would have bought company B over company A because company B pays us a few more points? Sure we do, but if that solution wasn’t right for the customer, then we aren’t providing the service we claim to be, which leads me to my next topic…

Long-Term Viability of Residual Commissions: Let’s face it; we are all in this business because of residual commissions. I will be willing to bet (especially on the horses…) that most of us are here because we used to work for a carrier and got tired of only getting paid once for a deal. The lure of residuals is the nature of our business. In order for those to grow, you have to make sure you take care of the first two items on this list. Make sure you give your customers all the information necessary for them to make a fully informed decision and ensure your company provides them the best service possible and in an ethical manner – and you likely have a customer for life. Remember, 100 percent of nothing is nothing and as one of the best reps that ever worked for me said, “If ya ain’t got nothing ya ain’t got nothing to lose!”

Hidden Charges Out of Control

Wednesday, May 6th, 2009

My company prides itself on letting our customers know exactly what hidden charges are included on their bill. We take the extra time to make sure each proposal lays out EUCL, PICC, LNP, etc. However, it has recently been brought to my attention that this entire tax and surcharge thing is completely out of control.

Right now I am looking at two bills from two different vendors for a customer in Chicago. I wanted to keep this as simple as possible, so I chose a bill that had one PRI. What I found is listed below and completely blew my mind.

In the end, they both charge outrageous fees, but they are completely different and you really don’t know what is what. For example, company #1 charges $57.50 for 911 while company # 2 charges $2.50. Company #1 charges Federal and State taxes twice and company #2 doesn’t list out Federal or State taxes.

The bottom line is prices on circuits continue to drop, but these surcharges and taxes (if you really want to call them taxes) continue to go up. Everyone calls them something different and charges a different amount.

What I really want to know is what is an actual tax that gets passed on to the government and what is just going back into the company’s pocket as profit?

I know that the price of the circuits continue to go down and so does our commission. At the same time, the price of marked up surcharges continues to go up, and we don’t make any commission off that. It seems like the vendors are just shifting their profits around to lower advertised prices and keep their margins the same (or increasing them) while paying us less.

Finally, who is the first to hear about all of this when the customer sits down and looks over the bill? Of course the agent is the first phone call. We try and tell the customer what to expect, but new line items and higher surcharges seem to come up on every new bill. How do you deal with this as an agent? I, for one, have a hard time showing someone $225 worth of taxes and surcharges on a $305 circuit. This is the main reason I don’t sell company #1 anymore, but who has the time to check all this on a regular basis? How can we put a stop to this madness? As you can see from the example above, the advertised price really doesn’t mean a thing!