Revenue Journal
A SoftwareCEO Blog By
Kristin Zhivago
Revenue-increasing insights, strategies, and techniques for CEOs and entrepreneurs.
by Kristin Zhivago
May 9, 2013 11:12 AM
Categories:
Sales and Distribution
I recently posted a freelance web development project on a web development job board. Most of the responses, unfortunately, were perfect examples - of what not to do.
Since a lot of sales these days start with “virtual” contact, it’s instructional to see how these guys blew it - and what you can do to make sure you do it right.
You don’t want to do these five things.
1) Don’t send an email filled with typos. Most of the messages were, unfortunately, filled with typos.
The customer’s reaction: I’m not just looking for someone to fix one site. I’m looking for someone who can be a potential long-term vendor, someone I can refer my clients to. If you don’t even pay attention to details when you’re trying to impress, no way am I going to trust you with my own sites or refer you to my clients.
by Kristin Zhivago
April 3, 2013 11:58 AM
Categories:
Sales and Distribution
We all use email to agree on a meeting time. Unfortunately it’s terribly inefficient, especially when it’s done incorrectly. A salesperson who is sloppy about it will drive the new, potential client nuts and make the client wonder if she really wants to do business with the salesperson. It is the salesperson’s first test. You’ll want to pass it.
Here’s an example of good form:
Hi, Judy.
I understand you want to see a demo of our SuperBigProgram.
I’m able to do this with you at these times - all EST.
Mon April 8 from 2 - 5 EST
Wed April 10 from 11 - 3 EST
Fri April 12 from 9 - 12 EST
Please let me know if anything works for you within these ranges, or suggest another day/time. I will send you an invite with a link to the WebEx meeting. [Or, if it is a phone call:
by Kristin Zhivago
February 20, 2013 12:12 PM
Categories:
Sales and Distribution
Thanks to site tracking, cookies, and A/B testing, you can monitor and analyze what any person does on your website, and how they respond to your content. So why are companies still struggling to produce content that helps them sell?
Because metrics can tell you what, who, and how, but not why. If you don’t know the why, you don’t know what you have to do to sell more.
I’m writing this post because I feel sorry for all the companies that waste so much time and money on websites that don’t move the revenue needle. I am saddened to see managers being misled by their tracking results. I’m tired of everyone thinking that A/B testing is the end-all, when it never tells you the all-important WHY.
All of this weblog analysis and A/B testing, if not coupled with real-customer-interview research, falls into the same old stupid category of
by Kristin Zhivago
January 13, 2013 09:12 AM
Categories:
Sales and Distribution
The entertainment industry tends to portray people in business as greedy, selfish jerks. I spent a number of years in that industry, and I can understand why they think that way. Most of the people in power in that particular industry really are greedy and selfish.
Any industry that requires you to be thinking of yourself 24/7 tends to attract a certain type of person. I decided to leave show business because I knew that if I stayed in it, I would be ruining my chances of being the kind of person I wanted to be.
But the "jerk quotient" can also increase as companies grow. I’ve worked with hundreds of CEOs, entrepreneurs and other managers running companies of all sizes. There's no question that the bigger the company gets, the greater the possibility that it will be filled with jerks, unless the founder is absolutely devoted to customers and employees.
by Kristin Zhivago
December 30, 2012 12:06 PM
Categories:
Sales and Distribution
What is going to matter most to all companies in 2013? Only one thing, whether you are a MomPopoly (great new term - thunk up by Carlos Dunlap et all at Colloquy) or a Fortune 50 corporation.
Not the news, the wars, the disasters. Not the constantly shifting regulations, the “cliffs,” or the larger trends.
Nothing matters as much as your customers' experience, every time they interact with your product, people, or processes.
Their experience determines what they say about you to others who are considering buying from you. What they say determines if you prosper or struggle in 2013. It’s that simple.
Even something as basic as your phone system will make them want to do business with you or want to avoid you; recommend you to others or warn them to stay away.
Let’s look at this as if we were the customer.
When you call a company to ask a question, you only do it AFTER you have looked online and have been unable to find the answer.
by Kristin Zhivago
December 6, 2012 11:33 AM
Categories:
Sales and Distribution
I just finished interviewing a very smart customer for one of my clients. He’s a high-level manager in a tech company, a buyer of my client’s business services.
During the interview, he explained how there were always two forces working against my client’s services: the comparable cost of accomplishing the same services in-house, and the fact that this customer is constantly pitched by competitive firms.
Every so often, his own manager comes in and asks, “Are you still getting value for your money?” The customer is expected to have proof at his fingertips when that happens. He wants to be able to say, “Yes, they accomplished X last quarter for Y dollars. If we tried to do the same thing in-house, it would have cost us Z more.” Or, “Yes, last month they figured out how to improve on the automated portion of this process, and now we are getting that part done twice as fast, with fewer bugs. They also told us about a new tool they
by Kristin Zhivago
November 29, 2012 10:32 AM
Categories:
Sales and Distribution
CEOs and entrepreneurs tend to pay very little attention to the customer’s experience, as I mentioned in a recent article about Steve Jobs. They focus on product development, managing the people, business relationships, regulations, financials, and marketing. And yet, it is the customer’s experience that causes customers to recommend a company or warn others to stay away. It is the biggest sales driver or sales deterrent associated with the company. In this article, the last in our 4-part series, we answer the question, “How do customers want to be treated?” Here are Part 1 (How Customers Decide to Buy), Part 2 (How Customers Choose A Product), and Part 3 (How Customers Want to Be Contacted), for the late arrivers.
If I were to ask you about a recent experience you had as a customer, dealing with a company, you’d have plenty to tell me about that experience. You
by Kristin Zhivago
November 21, 2012 09:54 PM
Categories:
Sales and Distribution
The majority of CEOs and entrepreneurs still think that yesterday’s aggressive, cold-calling, hard-sell methods are still working. The truth is, using these tactics is more likely to irritate and repel your customer than to make them want to buy from you. How do customers want to be contacted? We answer this question in Part 3 of our 4-part series debunking common marketing and selling myths. If you arrived late to the party, here are Part 1 (How Customers Decide to Buy) and Part 2 (How Customers Choose a Product).
You just sat down to dinner. Your phone rings. You answer it, and a motor-mouth, angry-sounding recorded voice starts yelling in your ear, telling you that “you have been chosen,” or that “your credit rating may be in danger,” or that “[So-and-So Candidate] has an urgent message for you!” Click. Back to dinner.
Who on earth are they selling to? Forrest Gump? Someone who will patiently wait through the entire message, and then innocently give his credit card information to a call-out-of-the-blue telemarketer? It
by Kristin Zhivago
November 14, 2012 11:32 PM
Categories:
Sales and Distribution
Interviewing thousands of customers about their buying process has convinced me that while the buyer is attempting to buy something he wants, he is also determined to see through any deception or manipulation. Sellers are often convinced by gurus that manipulation is the right way to increase sales; it is a strategy that directly contradicts one of the buyer’s main goals: “I will not be fooled.” Here is Part 2 of a 4-part series, in which we examine how customers choose a product or service. Part 1 (How Customers Decide to Buy) is here, if you haven’t read it yet.
Once buyers have developed a need, they begin their buying process. They go online and do their research, and/or ask around. But just knowing that buyers go online, and having a website and a social presence, is not enough to ensure the buyer will choose you. You need to know
by Kristin Zhivago
November 8, 2012 02:03 PM
Categories:
Sales and Distribution

Sales and marketing gurus assiduously spread the self-serving myths that you can manipulate a customer into buying; that you can create the need; that it’s all about “persuasion” and “conversion.” CEOs and entrepreneurs can be fooled by these myths, to their great detriment. Interviewing thousands of customers about their buying process has thoroughly convinced me that very few buyers are susceptible to deception and manipulation. Everybody is wise to it. This is the first of a 4-part series debunking these damaging myths and setting the record straight. First we will focus on how customers decide to buy.
A need arises. One minute, the customer does not have a need. The next minute, he does. Something breaks. He runs out of something. He suddenly has a physical or emotional desire that he didn’t have before. Or, someone else says or does something that generates the need. He needs to accomplish or participate in something, and he can