startup marketing & sales
Post on 12-Apr-2017
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Deliver Powerful Pitches to Investors
in 10 Minutes
Start-upSales + Marketing
Top 10 Things To Know
Caroline Cummings | @iamcarolina
Ideators
Innovators
Starters
Growers
Exiters
What’s Wrong?
AskListenImplementRewardThank
Include Customers in your R&D
MVP
Early Market Validation
Tell A Story
Know what
word(s) you want to own in the mind of the consumer…
If you were about to give a speech to a large audience,
and someone asked, “what is your talk about?”
You’d say__________________!
Driving
Safety
Social Network
Building a company
Means
Selling things
Means…
Building a brand!
Know what you want to own
How you will defend it
Your CompetitionClearly communicate your Value Proposition
Due Diligence on Competition
City/LocalFocus
No CharacterLimitations
Free toPost
Can IncludeImages
SocialMedia
FriendlyEasy to search
Local Newspaper
✪
✪
✪ ✪ ✪ ✪ ✪
Who are you selling to?
Target Markets
Target Markets
1st2nd3rd4th5th
Beta Market, Addressable Market, Market Segments, % of Revenue/Market, Potential Market...
Highlight any Key Research
TAM: total possible demand for your product
SAM: based on your current business model
SOM: based on practical limits of your business model
Target Markets1st Harvard/Stanford
2nd Ivy League
3rd Colleges/Univs
4th 14 – 34 yrs old Businesses…5thFastest growing demographic
Women 55+ years old
Acquiring Your Customers?Including the cost to acquire a
customer
Assumptions are King!
It’s the #’s Behind the Numbers that matter!
Selling & Marketing is
Listening
• Monitor• Learn• Compare• Respond
www.google.com/alerts
Listen Online
“Nice to see a large company listening.”
Respond!
GatherCitizen
Marketers
Customer evangelists who generate media (primarily online) on behalf of products, services, companies, or people who generate inspiration.
Citizen marketers
10
1%
“Anything Worthwhile is
Difficult.”-- Coco Chanel
How to Step Outside of Your Comfort Zone and Sell Faster,
Better, Smarter…
Caroline CummingsVP of Biz Dev & SalesPalo Alto Software
Comfort Zone = A type of mental conditioning that causes a person to create and operate mental boundaries
Comfort Zones Define Us
What’s it look like?
Fear
ComfortZone# 5 Deep Water
# 4 Financial Problems
# 3 Insects and Bugs
# 2 Heights
# 1 Public speaking
ComfortZone
PublicSpeaking
Starting a Vlog
ToastMasters
Making Sales Calls
A Healthy Dose of Anxiety
Anxiety can improve performance…
…but, if you step beyond your optimum performance zone…
Danger Zone
Danger Zone As levels of anxiety or discomfort increase to high levels – performance can decline rapidly
Traveling to Cairo During Social
Unrest…
If you don’t step out of your comfort zone
you WILL miss opportunities
How to do it?
Unleash Your Inner Hero
Defending the Underdog
Convince in Style
Kick AssTake Names
Don’t sell…
Enchant !!
“Enchantment transforms
situations and relationships. It converts hostility into
civility.
It reshapes civility into affinity. It changes
skeptics and cynics into believers.”
If you don’t step out of your comfort zone
you WILL miss opportunities
Opportunities like:
Raising fundsWinning customers
Recruiting talentLanding partnershipsGetting promotions
…
4 Tips for Winning Sales
Tip #1
Never make a cold call!!
Due diligenceMedia mentionsLinkedin profiles InterestsCompetitorsThink quality not
quantity
Tip #2View a “No”
as an opportunity
NegotiationsOpen…
Fail Fastor
Scale Fast
Tip #3
Find a Minimum Viable Partnership
Tip #4
One way I am going to step outside of my comfort zone is by_________________.
How to Step Outside of Your Comfort Zone and Sell Faster,
Better, Smarter…
Caroline CummingsVP of Biz Dev & SalesPalo Alto Software
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