Posts in Category: Sales

[VIDEO] Influencer Marketing & Micro-Influencers: Biggest Mistake Marketing Teams Are Making – YouTube

In this episode, Jasmeet Sawhney talks about the biggest mistake marketing teams are making in Influencer Marketing. Specifically, when marketing is trying to discover and engage with micro-influencers. Most marketing teams fail to leverage an invested group of people who are already talking about your brand, products, and services. Jasmeet also provides another tip on discovering outside influencers. Watch the video for more..

 

via [VIDEO] Influencer Marketing & Micro-Influencers: Biggest Mistake Marketing Teams Are Making | Yiblab.

The Top 20 Ways To Naturally Generate Backlinks in 2016 – Published on Inet Solutions

The-Top-20-Ways-To-Naturally-Generate-Backlinks-in-2016

Infographics + Memes & Visual Messages

Jasmeet Sawhney, CEO of YibLab, had two solutions to inbound links generation – one for B2B companies and one for B2C companies:

Generating inbound links requires businesses to constantly create a mix of different types of content that their audience would love to share. But, there are two specific types of content that perform the best for our B2B and B2C clients:

Infographics (for B2B companies) – The best way to generate inbound links for our B2B customers has been infographics. In a world where everyone is overwhelmed with content, getting a visual summary of a topic along with some stats is a treat. That’s exactly why infographics are so popular, and have extremely high re-publish rate. The SEO value of infographics embedded on relevant external sites is immense, which is further amplified by loads of referral traffic.

Memes and visual messages (for B2C companies) – Memes, animated gifs and text messages on a graphical background work extremely well for companies trying to engage their customer audience. These are simple and cheap to create and get shared a lot. Of course, the graphics and messaging have to be relevant to the product or service the business is selling. Memes and visual messages that mix in humor perform even better and get reposted a lot.

via The Top 20 Ways To Naturally Generate Backlinks in 2016 | Inet Solutions.

Increase Profit Margins: Tips From 30 Small Business Experts – Published on Direct Capital

Jasmeet-Sawhney-Increase-Profit-Margins

Jasmeet Sawhney is a serial entrepreneur who has been in digital marketing and social technologies for over 10 years. He has helped both startups and large corporations in their branding, product marketing, and lead generation efforts.

I think the single best way for small business owners to increase their profit margins is…

A 30-20 rate increase.

Every year, we analyze revenue generated from each distinct solution area. The objective is to identify offerings where we can increase our rates by 20 percent without losing the customer. We then select accounts that generate 30 percent of our total revenue across these identified solution offerings. Sometimes, this means that one of our clients may get the same service at a lower cost than the one we identify for rate increase. We have not lost a single customer because of this strategy.

via Increase Profit Margins: Tips From 30 Small Business Experts | Direct Capital | Blog.

Top Benefits Of Implementing A Social CRM Strategy – YibLab Blog

Here’s a question that I get asked often by sales and marketing professionals in regulated industries – does a Social CRM strategy work for regulated industries?

Let’s face it, if you’re in a regulated industry where you need approval from compliance department for any kind of Social Media use, it is in fact difficult to fully leverage all the benefits of a Social CRM. So, it is extremely important to first figure out why you need a Social CRM and understand benefits your company seeks from implementing it. Without understanding your specific needs and clarity on custom requirements, Social CRM implementation will not go much far and it is going to be an uphill task to convince C-Suite and Leadership to commit and invest in it.

via Yiblab | Top Benefits Of Implementing A Social CRM Strategy.

Does Your Rigor Match Your Risk? – Disqus Comment On PharmExec

While I totally agree with the Quality Assurance best practices you have mentioned in the article, are they any different from QA practices you would follow for a digital project in another industry, let’s say Insurance or Media? Would like to know your thoughts around how specifically this (or other approaches) can improve effectiveness of pharma digital projects. – JASMEET SAWHNEY

Your brand Is liable

Cases like these are not atypical in today’s world. Pharmaceutical executives need to think about evolving technology and be prepared for the impact when glitches happen. After all, the possibility exists that glitches may represent the same level of liability as a brand recall.

If your digital property is riddled with errors, your target is going to have a suboptimal experience. In other words, defects erode the relationship your target has with your brand.

via Does Your Rigor Match Your Risk? – Pharmaceutical Executive.

Traditional Pharma Sales Model – Is It Really Broken? – LinkedIn Group

 

pharma sales rep

There is a lot of hue and cry about traditional Pharma sales model and why it doesn’t work – prescriber access, ROI concerns, more stakeholders in the process, regulations, and so on..But, are these real issues? Most Pharma companies continue to spend Billions on the traditional model – why? Is it really not working?

According to you, what are the things that work? And, what are some of the most prominent issues in the traditional sales process?

via FiercePharma A Network of Pharmaceutical Professionals - Traditional Pharma sales model – is it really broken? | LinkedIn.

via Pharmaceutical Sales Representative - Traditional Pharma sales model – is it really broken? | LinkedIn.

via PMSA - Traditional Pharma sales model – is it really broken? | LinkedIn.

Here Are 3 Things You Are Missing Without a Social CRM – YibLab Blog

  • Are you in market for a Social CRM, but don’t know what features to look for?
  • Are you still not convinced about value of a Social CRM?
  • Are you having tough time convincing your management to write a check because they don’t see the ROI?

If you answered yes to any one of the above, you are not alone. The good news (or, actually, the bad news) is that most of the companies that have actually made an investment in Social CRM do not leverage some of the basic features offered by the technology. So, what exactly does a Social CRM offer? The answer is complicated because feature set requirements of a Social CRM are dependent on various factors such as company goals, business functions involved, number of platform users, structure (centralized/de-centralized), industry, target demographic, use cases, regulation and compliance requirements, and many more. We can go into each of those in a separate blog post, but first, let’s get the basics right.

via Yiblab | Here are 3 things you are missing without a Social CRM.

What Type Of Information Should You Share On Social Media? – Worklife Blog

We all have social media accounts and share content on one or more social networks. In fact, social sharing has become one of the most common activities on the web. There are some who get a kick out of sharing everything in their life (“I just took shower and water was really cold!”); some feel connected when they share; some want to stay relevant within their circles; some want to build their credibility; and there are others who do it for various vague and valid reasons. But, very few understand how effective their sharing is, and how can they improve?

No matter what you do, I can bet you have limited time. When you spend time on social networks, it can take away good chunk of your time depending on how addicted (or dedicated) you are to building your presence. But, it is not hard to see that everyone’s social content does not get equal engagement. And, this is fine, if all you want is to share your personal pictures with friends and family. But, for most part, all of this sharing comes with an expectation – that your connections and followers will react. If there are no reactions, incentives of sharing are diminished, which leads to decreased sharing.

via What type of information should you share on Social Media? | Worklife.

E-Commerce: Is It a Good Practice To Require The User To Login In Order To See The Product Price? – Posted On Quora

It is not a good idea. Extra click/login can turn away shoppers unless they are so hooked on and are convinced that there is a substantial incentive to login. This happens rarely (mostly with bigger players).

-JASMEET SAWHNEY

login

via (60) E-Commerce: Is it a good practice to require the user to login in order to see the product price? – Quora.

E-Commerce: What’s a Typical Conversion Rate For Online Retailers? – Posted On Quora

One of the factors determining conversion rates is the kind of products sold on the site. The average across product segments is around 2-3%, but can be as high as 30% for some segments. Some example product segments that get high conversion rates – Flowers, Office products, Tickets and Custom/Niche Apparel. Also, catalog retailers and home shopping networks tend to have higher online conversion rates.

Sites like Proflowers.com, LandsEnd.com, Blair.com and Tickets.com consistently rank high on conversion rates. Amazon and eBay in general rank among top 5 in almost all segments.

-JASMEET SAWHNEY

Conversion-Rate-Optimization

via (60) E-Commerce: What’s a typical conversion rate for online retailers? – Quora.