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Marketing & Sales 2013-07-03 Bryan Guido Hassin Entrepreneur In Residence

Marketing and Sales for Startups

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Global cleantech entrepreneur Bryan Guido Hassin presents a high level overview of marketing and sales considerations in the lean startup process. This presentation is part of a 10-week program in entrepreneurship taught at Rice Unversity.

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Page 1: Marketing and Sales for Startups

Marketing & Sales

2013-07-03

Bryan Guido Hassin

Entrepreneur In Residence

Page 2: Marketing and Sales for Startups

With product-market fit, how to connect the two?

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Page 3: Marketing and Sales for Startups

Optimize channels to get, keep, and grow your customers

3http://web-books.com

Page 4: Marketing and Sales for Startups

Online models may use different channels for users and payers

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Page 5: Marketing and Sales for Startups

Branding creates an emotional connection

http://matthewsonmarketing.com5

Page 6: Marketing and Sales for Startups

Only three things are important in branding

1. Consistency

2. Consistency

3. Consistency

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Page 7: Marketing and Sales for Startups

Patrick Talley’s 8 Commandments of Sales

1. Sales is a process

2. A sale is “alive”

3. Balance the sales triangle

4. ABP: Always Be Prepared

5. Sales happen between people

6. Know thy audience

7. STFU and listen

8. Sales are driven by trust

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Page 8: Marketing and Sales for Startups

1. Sales is a process

Not black magic

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Page 9: Marketing and Sales for Startups

2. A sale is “alive”

Potential Sale

AttentionLove

Nourishment

Sale

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Page 10: Marketing and Sales for Startups

3. Balance the sales triangle

Sale

You

CustomerEmployer

Over- or under-serve one stakeholder and risk the entire sale

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Page 11: Marketing and Sales for Startups

4. ABP: Always Be Prepared

• Know whom you need to reach• Know how they can help you• Be prepared with this information in

case you meet them unexpectedly, they return your call at an odd time, etc.

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Page 12: Marketing and Sales for Startups

5. Sales happens between people, not robots

*People are irrational

Sales

*Fear of loss > Desire for gain

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Page 13: Marketing and Sales for Startups

6. Know thy audience

VP1

VP2

VP3

Core Value Proposition

1

2

3

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Page 14: Marketing and Sales for Startups

6. Know thy audience

Source: Geoffrey Moore

Different value propositions are required for each phase

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Page 15: Marketing and Sales for Startups

7. STFU and listen

*Ask open questions to get your client talking

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Page 16: Marketing and Sales for Startups

8. Sales are driven by trust

• People buy from people they trust, not from people they like

• Trust takes time to build• “I don’t know” builds trust• An honest mistake can be forgiven• Your name will be the only consistent

item on your biz cards throughout your career so use it with integrity

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Page 17: Marketing and Sales for Startups

Marketing & Sales

2013-07-03

Bryan Guido Hassin

Entrepreneur In Residence