Economic Recovery Sales & Marketing: Originating through the U

Samsung made significant investments into R&D during the steepest part of the financial crisis decline. The result: they moved their brand value from 31st ranked in the world to 6th following the crisis. Amazon made investments in something called ‘Prime Video’ and ‘Fire TV’ in early 2009. The companies that were thinking about opportunity when […]

Is there a crisis of poor sales management?

The final six coaches of March Madness are: John Calipari, Rick Pitino, Tom Izzo, Mike Krzyzewski, Mark Few, Bo Ryan. For those that don’t immediately get it, these guys represent a roll call of 6 of the 10 most successful coaches of the last decade or more, so as much as we talk about players…there’s […]

Commercial Finance Websites: 10 things you just gotta have down

What should a commercial finance website be? You must think it should be a boring piece of online sales collateral that has no chance of helping you do much of anything. And after reviewing hundreds of your websites, we must say if that’s what you’re after…great work. But on the off chance that that is […]

What do Commercial Finance businesses spend on marketing?

A quick google search of how to establish a marketing budget and you’ll hear a host of pundits tell you anywhere from 2-5% of revenue. Clearly they don’t know the commercial finance business. After years of working with smaller independents, huge commercial finance companies and the wholesale division of big banks, there is no formula […]

Helping your sales team have better sales conversations.

The new phrase, and one that is likely to stick, is sales enablement. The question is what is your company doing to enable your salesforce to have better, more effective sales conversations? The answer for most commercial finance businesses is…drumroll…nothing. Not that it was ever a great idea, but the days of just hiring salespeople […]

Why targeting the “middle market” can be sales & marketing disaster.

Provocative title, but a not-so-easy topic. Why? Because most of you originating in this space are generalists in a general category of poorly defined businesses. What is middle market? $10-$500MM, $50-$500MM, $100MM-$1B, 100 employees to 1000 employees? The National Center for the Middle Market (our friends at GE and Ohio State) define the space as […]

Marketing to private equity

Let’s face it, having a few great private equity firms in your stable of lending relationships is beyond fantastic. In fact, many of the larger ABL players are originating half of their business or more from sponsors and really carries the load for them. And this trend is likely to increase with private equity coming […]

Creating value vs. quoting on stuff

We just finished a case study driven marketing campaign and it felt a little like tooth extraction. No, it wasn’t getting client consent or approval that was the problem, it was pulling the story out of our beloved commercial finance salespeople. Let me explain. Our process starts with a conference call where we pull the […]

Real things salespeople have crafted as written marketing content. Laugh and be afraid.

Over the last 6 years we have been collecting little nuggets of our dearly beloved sales pros and their attempts at written marketing content. These examples are all from $5MM to multi-billion dollar companies. Salespeople are terrific, but…well…somethings are just…forget it…enjoy. “We are the best lender in the country.” Of course you are. “Nobody beats our […]