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Showing posts with label Relationship. Show all posts
Showing posts with label Relationship. Show all posts

Wednesday, January 7, 2015

The Bubba, Beasley Relationship Expands Today


1-5-15
Since Cox (102.5 The Bone) parted with Bubba The Love Sponge in Tampa, in August of 2014, there's been speculation about which company would pick him up in that city. It came down to Beasley and iHeartMedia, according to several people with details about the negotiations. Radio Ink has learned that this morning Bubba will hold a press conference, live on the air in Tampa, and that will take place on WHFS-FM (98.7) which is a Beasley station the company picked up late last year in a swap with CBS Radio. A new format is being launched by Beasley on WHFS. It had most recently been a sports station when CBS owned it.
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Saturday, April 26, 2014

NRG Expands Relationship With Marketron

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NRG Expands Relationship With Marketron 4-22-14Marketron announced today that NRG's 45 Midwest stations have renewed and expanded their contract with Marketron. In addition to the existing use of Marketron?s traditional radio traffic system at all of their stations, NRG will supplement their capabilities with Marketron?s mobile marketing platform, SMS service, and interactive digital systems.
NRG CEO Mary Quass said, ?As a predominant media company, we chose to continue our relationship with Marketron because of their proven track record to deliver comprehensive and valuable business tools and software. The Marketron Triple Play enables us to look to the 360-degree media environment and reach our listeners on a number of platforms, while keeping the back-end business streamlined and efficient.?


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Friday, October 18, 2013

Bob And Tom, Premiere End Long Relationship

10-14-13

When their contract expires at the end of 2013, The Bob and Tom Show will be no longer be syndicated by Premiere. Cumulus Media Networks will pick up the ad sales responsibilities for the program. The Bob and Tom Show is currently heard on 130 stations. Premiere released the following statement. "We?ve had a successful partnership with Bob and Tom for many years and we wish them all the best for the future. Premiere Networks will conclude syndication of The Bob and Tom Show at the end of the year." 

Tom Griswold said, ?We have enjoyed a tremendous relationship with Premiere Networks and Clear Channel for many years. Cumulus Media stations have always supported The Bob and Tom Show in some of our largest markets, and once I had an opportunity to meet with John Dickey it became clear that our visions aligned for the future."

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Sunday, October 6, 2013

(SALES) Your Last Conversation Is The Relationship

9-30-2013

She was 18, he was 19. They were high school sweethearts. When her death parted them in 2003, Mom and Dad had been married 49 years. Dad always told me: ?A solid relationship is not a 50/50 deal, it's actually 100/100.? He said, "If you want a strong relationship, one that will last, you have to give 100 percent no matter what you think you're getting in return.?

You've been to your fair share of sales seminars. Most focus on prospecting and new business development, doing a customer needs analysis, and making the presentation. Trainers swerve through objections handling and arrive promptly at closing the sale. Don't get me wrong, these are critical phases of the selling process and need great training. What's missing is the key ingredient that HAS to be in place before ANY of that other stuff matters -- The Relationship.

Betsy Rozelle owns Rozelle Communication and is passionate about helping people become effective affinity builders. Betsy has some great thoughts on relationship building and shared them with me:

"Legendary Green Bay Packers coach Vince Lombardi is famous for developing a winning team by starting with the fundamentals "Gentleman, this is a football."

"Trainers usually assume people already know about the basic building blocks of relationship development and how to successfully use those skills. At Rozelle Communication, I approach training differently. The ?football? in each of my training sessions is the basic concept of affinity.

"Affinity, as it relates to interpersonal relationships, is the connection between and among people, based on common experiences, passions, and interests. The ability to discover and develop those connections is the key to successful relationship building.
"The first 3 steps to a successful relationship with a prospect or client are very basic, but crucial:
1. CARE about people. Thank you, Captain Obvious. The term ?care? is trite, but unless you truly care about your individual prospects and clients as people, you won?t last long in a sales career.

2. USE FIRST AND LAST NAMES. When you introduce yourself to others, always make strong eye contact, along with a firm handshake, and give your first and last name. If the person you?re meeting gives you only his/her first name, be sure to ask what the last name is. It seems counter-intuitive but when you disclose only your first name and accept only their first name, you?re de-personalizing yourselves at the initial meeting. I?m Betsy Rozelle . . . not Betsy Smith, not Betsy Ross. Bonus: In almost every case, the last names you share with each other will spark some recognition or affinity (e.g. ?Oh, are you related to Pete Rozelle?" . . . or, ?I went to high-school with a Rozelle?). Seize upon the opportunity to find commonalities right from the start. Ask a specific question about their name.

3. SEEK AND TELL STORIES. Another way to show you care about your prospects/clients is to first engage them in a conversation about their background, interests, and experiences. Capitalize on where interests/experiences intersect (?Wasn?t Tuscany amazing? I was there five years ago and it was my best trip ever.?)  Or, if you don?t see many similarities between your experiences and your client?s, build affinity by showing an interest in some of the experiences that s/he shared (?I?ve never had a motorcycle, but I admire my neighbor?s Harley from a distance. Have you ever been to a Harley rally? I heard those are some major fun.?)
"You and your prospect/client will both walk away from your first meeting feeling that you have made an important personal connection and that you are ?in this thing together.?  The relationship building takes root from there."

Carolyn Schmidt is my wife, business partner, and Ignition Specialist at Sparque. On a recent presentation call with a potential client she said, "So where do we go from here?" The client responded, "We were waiting to see what kind of close you were going to use on us." Carolyn responded, "I'm not trying to close anything, I'm trying to open a business relationship." The prospect and his team were impressed; the business relationship commenced.

To cultivate communities of clients for long-term success, start with the relationship. Find and build affinity, care about their problems, offer valuable solutions, and you?ll gain not only a client but also a friend for life.

Think Big, Make Big Things Happen!

Jeff Schmidt is EVP and Partner with Chris Lytle at Sparque, Inc.You can reach him at, Jeff.Schmidt@Sparque.biz, follow him on Twitter @JeffreyASchmidt, or connect via LinkedIn 
Reach Betsy Rozelle at:  brozelle@new.rr.com

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Thursday, November 8, 2012

(Sales Management) The Myth of Relationship Selling

R.I.P. SELLING'S MOST MISUSED SALES TECHNIQUE: RELATIONSHIP SELLING
Blasphemy? No, building good client relationships is as important as ever. The misuse of Relationship Selling is a matter of logistics: when and how good client relationships should be constructed, putting the horse in front of the cart.

?The Results Lead Sell?

vs.

?Relationship Selling?

For over five decades I enjoyed some wonderful relationships with my clients, but not through Relationship Selling as practiced today; rather, through elevating each client?s Top Line and company Net Value?which in turn results in building good client relationships.


Face it, Radio does a pathetic job of investing in and educating its sellers. Today, in companies of all sizes, Radio sales departments are overloaded with poorly educated sellers managed by poorly educated sales managers (poorly educated as sellers as well) who continue to poorly educate new sellers.


Radio Sales? Death Cycle.


To Owners & CEO?s who take offense to that statement, I mean YOU! Unlike Radio Owners & CEO?s who excel in training their salespeople??true? Radio Broadcasters?YOU are Radio?s #1 Sales Problem!


Absent what Radio salespeople should be taught, the basic tenants and principles of advertising at the very least, and deceived by the hypothesis that ?the first law of selling is selling yourself?, no wonder so many salespeople take bloody forever to make a sale? salespeople I identify as SFRS: Sweetie Faced Relationship Sellers joined at the hip in fear of trying to make a sale before building good client relationships.


?But boss, it takes time to build relationships!?!  How unfortunate, because that speaks more about that sellers timidity, lack of self-confidence, incapability of being assertive (selling advertisers for their own good!), their unwillingness to take risks and irresponsible sales training, more than anything else. As a matter of course, super glued on a plateau, SFRS?


1.  Become complacent.

2.  Take clients for granted.

3.  Turn into SFRDS: Sweetie Faced Relationship Dependent Sellers.

4.  Lose accounts to competitors working unceasingly to add "value? to client relationships.  

5.  Live off depreciating account lists, and eventually?

6   Turn into SFRDCB: Sweetie Faced Relationship Dependent Cry Babies having stopped prospecting for New Business long ago.


No, I cannot feel their pain. Relationship Dependent Sellers??soft? sell to amarshmallow?s consistency as opposed to introverted salespeople who recognize when it is essential to sell assertively with enthusiasm and conviction?who fail to add ?value? to client relationships (new ideas and concepts for expanding each client?s customer base) get what they deserve.


Raise your hand if you?d like to learn the secret of how to build strong, long lasting, money making relationships with advertiser faster?  Here?s how?


Sell advertisers sooner, get results for advertisers sooner, and I guarantee you will build stronger, longer lasting, money making, relationships with more advertisers?faster!

Introducing?

The ?Results Lead? Sell


Strangers before we met, you just walked into my computer store without an appointment, my biggest pet peeve, I?m immersed in taking inventory?the single task retailers detest the most?I stopped advertising on radio long ago, and worse, Costco, a huge Box store that sells computers for less, just announced it?s opening a store in my town.


Regardless, in five minutes or less you walk out with an appointment to make a presentation to me next Tuesday at 2PM. How is that possible?

LIKE

TRUST

RESPECT
Obviously, it is to every seller's benefit to be liked, trusted and respected. Please select the single impulse (above) you think most likely prompted me to give you an appointment in five minutes or less: I liked you, I trusted you, or I respected you? Which one?

LIKE:  Call it chemistry or a spontaneous shared rapport, it happens doesn't it? What I characterize as a ?reciprocal transference", i.e., you like someone you meet for the first time and that emotion becomes a shared experience. Meet someone you instantly dislike, and that emotion comes swooping back at you like a boomerang. That is how many relationships begin. Thus explaining why most salespeople, taught from day one that the first rule of selling is selling yourself, select LIKE.


I?m ruling Like out at the outset. Hitting it off with someone on a first call does not a ?relationship? make. What are you selling, your charismatic personality?  What should you be selling? H-E-L-P! That is what you should be selling! Besides, most prospects don?t get up in the morning to make a new ?friend?.


TRUST:
  The second most selected impulse. Hmmm. How  quick are you to trust a total stranger? How about a total stranger trying to sell you something? The fact is it takes time to earn trust, real trust, true or false? To be ?trusted?, Rule #1 is keep your mouth shut; what a client shares with you is proprietary, confidential, ?company? information.


RESPECTED
: During a first-time-ever "Opportunity Call", what most sellers disparagingly refer to as "cold" calls, how many times in your sales career have you earned a Buyer's "respect" in five minutes or less, especially during challenging times like today? It takes time to earn respect, as well as trust, does it not?


What impulse would I select?


Respected! You better earn the Buyer's respect in five minutes or less, or your first impression will be the advertisers? last impression?why, spending time with you is a waste of time. What follows is the most ?basic? opening statement to make to a single location retailer.


"Mr. Garcia, my name is Dave Gifford, I?m a Retail Brand Manager at Results Radio. I don?t know if you recognize me or not, but yesterday?after checking out Costco?s website?I  made the Grand Tour up-and-down every isle of your store?and whereas we both know you can?t match Costco price-for-price?you have a tremendous local branding opportunity when it comes to?well?here, take a look at this? (handing Mr. Garcia the following 5? x 7? list)

YOUR STORE ADVANTAGES:                     COSTO?S DISADVANTAGES:

1.   Fully staffed Service Department!             1-866-861-0450

2.   Parts stock: Extensive!                               None

3.   Apple ? Sony ? Dell ? hp ? Customized!      Acer? ? Alienware? ? Dell ? hp ? Leveno                                                                  

4.   Outstanding Expandability!                         Poor

5.   Extensive Accessories!                              Very limited

6.   All Major Credit Cards including Amex!     Amex only

7.   90 days same as cash!                               No way

8.   Lease with option to Buy!                            No way

9.   Recognized Community Involvement          None!

10. Local business Local people support           National Chain Box Store

VALUE!                                                                 PRICE ONLY!


Mr. Garcia, this is what I do. I help local, independent retailers increase their store traffic, turn over their inventories faster, and increase their cash flow?and last night I  came up with a Media-Mix marketing plan?not just radio?that will help you, one, ensure continued loyalty to your store after Costco arrives, and two, drive more store traffic to your store at the same time. All I need to prove how it will work for you is sixty minutes of your time sometime next week?which is most convenient for you, Monday at nine or, uh?Tuesday afternoons at two, any preference?  


Excluding the time it takes to cover that list, the above wording takes only 75-seconds. In five (5) minutes or less, my approach would earn RESPECT for The Elephant Man.

Suggestion: During your next sales meeting, instruct your sellers (not a group assignment) to write down the specifics as to why they believe the above approach makes sense. For

example, identifying yourself as a Retail Brand Manager who works for Results Radio?in   addition to positioning yourself as a retail specialist?invites the ?What?s Results Radio?? question, thereby providing you an opportunity to expound on your company?s advertising philosophy and commitment to help local retailers get results (?The Results Led Sell?).


Next, in reminding them that salespeople have only one sales tool to work with: their native language, the words they choose, the order in which they place those words, and how they say and express those words, give your sellers a homework challenge requiring them to come back the next morning with the wording they would choose to improve my approach. It?s my wording, but I can see room for improvement. Note: should your sellers miss anything, there are some very telling subtleties you would be wise to point out.


When I was a Sales Exec I made it a priority to find out which of my competitors, and not just in radio, called on which accounts, i.e., which accounts were ripe for the taking because, rather than adding value to their client relationships (being a constant resource for solving sales problems and ideas to help grow their companies) my competitors were living off their lists; Consequently, their Account Lists became my Target Lists.


Obviously, ?The Results Lead Sell? is the antithesis to Woody Allen's admonition, "Eighty percent of success is to show up". Show up for what? There is a huge difference between OVER servicing clients and OUT servicing your competitors. "You win with Solutions, not Smiles!"?Giff 

BOTTOM LINE:  STOP TAKING SO LONG TO TAKE ?YES!? FOR AN ANSWER!

Dave Gifford has been helping salespeople and sales managers improve their skills for decades. Visit his website www.saleshowto.net or send a message to Giff at talkgiff@earthlink.net

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Thursday, August 30, 2012

A Relationship Gone Horribly Astray

8-28-2012

It's clear from the 38-page document filed Tuesday by TRN CEO Mark Masters against Dial Global (and others), that Masters believes a relationship, a friendship with people he trusted, was violated and his business has been significantly damaged. Talk Radio Network syndicates Michael Savage, Laura Ingraham, Phil Hendrie, Mancow, and others and was using Dial Global to pitch its programs to affiliates. A relationship that started over a decade ago when, according to Masters, Dial did not have any competetive programs to pitch to stations. Today, Dial Global lists under its programming wing Dennis Miller, Michael Smerconish, Neal Boortz, Clarke Howard, and others.

Masters alleges that Dial's power has grown to the point where they now compete with the very clients they rep, not only for content ownership -- in violation of their original mission and inducements -- but for their own clients' customers/radio station affiliates. He goes on to allege that he was "fraudulently induced into committing a long-term rep agreement by telling him they would never engage in conflict of interest then used that agreement to accomplish and fulfill their anti-competitive merger, acquisition and expansion schemes." Masters says he was "steadfact in his trusting loyalty to the Dial Group and in recommending the pre-behemoth to other spoken-word syndicators," and claims Dial used him as part of a plan to "roll up the other rep firms." The other firms Masters is referring to are Jones Media in 2008 and Westwood One in 2011.

Masters also says he's requested an audit and has been denied by Dial Global. Masters wants to determine whether advertising revenue from packaged talk programming, sold to advertisers, was properly allocated. For example if Ford purchased time on Laura Ingraham's show with TRN and time on another talk program with another vender that was sold by Dial Global, Masters wants to be able to look at the books to determine that the money was distributed properly.

Masters also alleges that Dial Global has been spreading false and defamatory statements and rumors about TRN and TRN shows and hosts at radio industry conferences and elsewhere. And, Masters says Dial Global claims some of TRN's programs are under the Dial Global wing and that Dial is interfering with contract negtiations with TRN hosts.

We reached out to Dial Global several times on Tuesday for a comment about the filing. The company has not been officially served and had only read the filing after we forwarded it to them. There's a possibility a statement from Dial Global will be made on Wednesday. It's also important to note that Dial Global has not been found guilty of anything.

Read the entire 38-page TRN filing HERE.

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Tuesday, May 8, 2012

Sirius XM Expands Relationship With MLB

5-7-2012

Sirius XM Radio will launch a new expanded suite of 30 play-by-play channels dedicated to streaming the official radio broadcasts of every MLB team on the SiriusXM Internet Radio App and online at SiriusXM.com. The 30 new channels, each of which will be branded with the respective MLB team logo, will showcase that team's radio announcers throughout the season.

For the first time, SiriusXM subscribers on the SiriusXM Internet Radio App and online will have access to both the home and visiting team broadcasts for every MLB game, allowing them to hear their favorite team's announcers all season long.



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Tuesday, August 9, 2011

Telling The Truth About Radio's Relationship with 18-34s

This is a series of challenges to the often illogical, sometimes mathematically impossible and largely unsubstantiated claims and positions put forward by Pandora and by bloggers or reporters on their behalf. The challenge today is directed most squarely the reporter who invented the thoughtless, entirely fact-free headline, ?18-34 Demo Deserts AM/FM For Pandora ?. This is a claim even the article to which it referred did not make. And, for the record, it's a claim Pandora has not made either. [The publication retracted the headline the following day, to its credit.]

Three different research companies, including the one that did the ratings for Pandora, have published studies this year showing that digital radio users consume MORE broadcast radio, NOT less.  Young people are staying with radio.  An analysis by Arbitron of the last 3 years for the ten markets selected by Pandora clearly shows that, from Q2 2009 to Q2 2011:
- The number of people 18-34 using broadcast radio has increased
- The percentage of 18-34s using broadcast radio has increased
- The amount of time per day 18-34s spent with broadcast radio has remained consistent
- 18-34s in these 10 markets alone spent over 110 billion hours listening to broadcast radio over the air in the past 12 months

Arbitron itself is publishing a report that includes that demographic and more, based on the actual actions of tens of thousands of panel participants in their PPM radio measurement system. We challenge anyone to prove that young people are ?deserting AM/FMs for Pandora.?  While you're searching for that non-existent information remember that what you can prove is that Pandora?s playlists are used along with, not in place of, broadcast radio.          


Respectfully,
Mary Beth
May Beth Garber
EVP/Radio Analysis and Insights
Katz Radio Group
Los Angeles

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