15
Slideshare Summary Summer 2013

What A Difference Digital Only AEs Can Make

Embed Size (px)

DESCRIPTION

Having digital-only sales rep on staff lifts attitudes, increases understanding of digital products and increases digital revenues for traditional media companies. But competition is stiff to hire digital reps: Pureplay companies are offering 50% more base pay than traditional media companies.

Citation preview

Page 1: What A Difference Digital Only AEs Can Make

SlideshareSummary

Summer 2013

Page 2: What A Difference Digital Only AEs Can Make

Introduction

The following slides summarizeresearch published by Borrell Associates in May 2013 in its report,“Assessing Local Digital Sales Forces.”

The full report is available atwww.borrellassociates.com.

Page 3: What A Difference Digital Only AEs Can Make

First, the Methodology

• Survey conducted April/May 2013• Sales Managers & Digital Managers• Conducted online• 220 participants• Solicited via RAB, LMA, LSA & Borrell Clients*• Mean size of digital operation: $1.5 million

Local Media AssociationLocal Search AssociationRadio Advertising Bureau

Page 4: What A Difference Digital Only AEs Can Make

Key Findings

Hiring digital AEs on the rise again Stiff competition from pureplays Digital AEs make big difference Comp plans vary widely

Page 5: What A Difference Digital Only AEs Can Make

Source: © Borrell AE Compensation Survey May 2013; N = 220

Who Has Dedicated AEs?Radio

continues to lag

industry.

Page 6: What A Difference Digital Only AEs Can Make

Source: © Borrell AE Compensation Survey May 2013; N = 87

Two-thirds have just 1 or 2 reps

Number of Digital-Only Reps

Page 7: What A Difference Digital Only AEs Can Make

Effect of digital-only reps

Having digital-only reps seems tovastly increase the staff’s

understanding of digital products.

See the results on the next slide.

Page 8: What A Difference Digital Only AEs Can Make

Source: © Borrell AE Compensation Survey May 2013; N = 191

Understanding Digital Products

50% say Excellent

to Outstanding.

14% say Excellent

to Outstanding.

Page 9: What A Difference Digital Only AEs Can Make

Effect of digital-only reps

Having digital-only reps helpsthe staff do a better job of

educating advertisers.

See the results on the next slide.

Page 10: What A Difference Digital Only AEs Can Make

Source: © Borrell AE Compensation Survey May 2013; N = 191

Helping Advertisers Understand

23% rated this

poor to average.

43% rated this

poor to average.

Page 11: What A Difference Digital Only AEs Can Make

Effect of digital-only reps

Having digital-only reps improves

the staff’s motivation to sell.

See the results on the next slide.

Page 12: What A Difference Digital Only AEs Can Make

Source: © Borrell AE Compensation Survey May 2013; N = 191

Motivation to Present Digital

63% rated this

excellent or better.

25% rated this

excellent or better.

Page 13: What A Difference Digital Only AEs Can Make

The Most Amazing Thing

Having digital-only reps tends to

double digital revenues.

See the results on the next slide.

Page 14: What A Difference Digital Only AEs Can Make

Source: © Borrell AE Compensation Survey May 2013; N = 176

Multiple of total digital revenue

Page 15: What A Difference Digital Only AEs Can Make

Want more?

The full report answers theseadditional questions:

How much revenue does a typical digital AE generate? How much are digital AEs being paid?What are pureplay Internet companies paying local AEs?What’s the breakout between salary and commission? Do non-digital reps get different commissions on digital sales?

Download it at www.borrellassociates.com.