Clare Price: Effective Sales and Marketing Collaboration

About Clare Price: Clare Price is CEO of Octain, a marketing consultancy that is transforming the way companies do marketing. She started working remotely in the 1980s as a tech reporter for InformationWeek magazine, and later as a research director for Gartner. Before launching CFP MediaGroup (now Octain), she was Vice President of Research for Demand Metric, a strategic marketing advisory service where she led the research analysis into cloud computing applications for marketing automation, social platforms, and several other products. Clare is the author of two books and an experienced speaker with clients like the American Marketing Association, Vistage, and many others. Check out the latest episode of our Conversational Selling podcast to learn more about Clare.

In this episode, Nancy and Clare discuss the following:

• Octaine Growth Systems - the new force in modern marketing
• Ways to determine the best strategy for each company
• Transitions from trial and error to predictable revenue growth
• Encouraging sales and marketing teams to work together 
• Main facts from Clare’s book “Smart Marketing Execution”
• Customer Targeting and Profiling
• AI revolution and why should we be cautious about it 

Key Takeaways: 

• For most small business owners and fractional consultants, the brand is your reputation.
• We recommend understanding the customer's Why, not Who the customer is.
• You need to change the way marketing needs to redefine marketing.
• But I do think that the caution is to let AI do the work for you but don't let it think for you.
• Challenge your assumptions.

"We start with the structure that we've developed is what we call a canvas model, and we start with discovery. It is understanding where that company is in terms of what we call the six areas of market acceleration, which are brand development, customer acquisition, message clarity, market expansion, sales enablement, and product innovation. So, we will do a discovery assessment of that company in those six areas to see where they are today, where are their gaps, where are their opportunities, and from that standpoint, then we do an evaluation and recommendations." – CLARE.

"And what our sales enablement module does is bring the marketing and sales team together to create a unified team. We have a lot of tools that we use to help the team understand each other because you're more on the sales side, and I'm more on the marketing side. We have different ways of looking at the world, right? So, the marketing person is looking at the forest, and the salesperson is looking at that one tree that is going to give them the clothes they need for that month, right? And so, we have different ways of looking at the world, and we must understand and share each other's perspectives. So, one of the things that we recommend in the book with our sales enablement module is what we call ride-along: where the marketing person will get in the car. You want to do the physical live ride-along and drive up to the business owner's door or the virtual ride-along where they are in the Zoom call, and they can see how the salesperson navigates through the sales call. And we feel that that's a really good way to learn how to walk in each other's shoes. By contrast, the sales team could also get involved with our sales enablement approach in doing some planning for a marketing event like a conference or putting together a specific piece of collateral or material so that they kind of see, well, how does that marketing person put their magic together?” – CLARE.

"I think there have been a lot of changes, but I think the biggest change is from broadcasting your offer to personalizing, individualizing, and presenting deep individual value to your target. The idea of broadcasting out, we've got, you know “Hey, 25% off. Will you get it now?” is not something that a lot of savvy consumers want. And particularly the younger generation, millennials and younger, don't want to just buy a product or buy a professional service because it's going to solve a problem. They want to be part of something that's going to make their life, their community, and the world better. And that's a big shift." – CLARE.
 

Connect with Clare Price:

• LinkedIn: https://www.linkedin.com/in/clareprice/
• Octaine Growth Systems:https://octaingrowth.com/

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