Search This Blog

Wednesday, August 23, 2023

"We Didn't Start the Fire": A Tale of Two Generations Through Billy Joel and Fall Out Boy


History Does Not Repeat - It Rhymes

In the annals of music history, few songs have captured the zeitgeist of their respective eras as vividly as "We Didn't Start the Fire." The iconic track, originally penned by Billy Joel in 1989, received a modern-day facelift by Fall Out Boy in 2008. Both versions serve as time capsules, chronicling the social, political, and cultural landscapes of their times. But how do these two renditions stack up against each other? 

Let's dive in.

Thursday, August 17, 2023

New to Copier Sales: Another Lesson in Basic Selling


In the article "New to Copier Sales: Another Lesson in Basic Selling" by Greg Walters, the author provides insights and advice for new copier sales representatives. With the plethora of tools available today, it can be overwhelming for newcomers to determine the best approach. 

Walters emphasizes that while sales managers may advise traditional methods like phone calls and physical visits, the landscape of selling has evolved.

Executive Summary:
  1. Evolving Sales Landscape: New copier sales representatives face a steep learning curve, with a plethora of tools and methods available. While traditional methods like phone calls and physical visits are still recommended, the modern sales landscape requires a more multifaceted approach.
  2. Five Essential Sales Tools: Greg Walters highlights five key tools for sales success: the phone, instant messaging, LinkedIn, emails, and face-to-face chats. Among these, the phone remains crucial, especially in the post-pandemic era where a human voice offers a unique connection.
  3. Multifaceted Sales Strategy: A successful sales strategy should integrate various methods. Starting with a phone call, building an online presence, and turning cold leads into warm engagements are pivotal. The ultimate goal is to provide a seamless and engaging journey for prospects, ensuring their transition into loyal customers.

Thursday, August 10, 2023

AI and the Digital Transformation: Reshaping the Future of Copier Sales


Out with the old, in with the AI: Copier sales just got a techy upgrade

In the ever-evolving world of copier sales, the digital age and AI are reshaping how we approach our prospects. Dive into how these changes are impacting the industry and what it means for the future of sales.

Executive Bullet Points:
  • The digital age has transformed prospects from passive recipients to active participants, conducting their own product assessments.
  • Artificial Intelligence (AI) is revolutionizing copier sales, offering real-time insights, and enhancing sales strategies.
  • Modern sales training must evolve, focusing on experiential selling and leveraging AI to meet the needs of informed customers

Friday, August 4, 2023

From Gridiron to Boardroom: America's Love Affair with Football and Sales

"Where Sales Pitches Meet Touchdowns: Your Field Guide to Winning at Business and on the Turf!"

As an avid reader of DOTC, and not my mother (hi Mom), you know I occasionally use Football as a metaphor - for MPS, Selling.

Of course, there is more to life than Selling MPS(when you find it, let me know) and it seems that football, American football(I can't believe I need to make that distinction) is and always has been, a metaphor for this American Life.

So it is with salespeople. Pushy, over-talkative, uncaring, fake. Stereotypical. Yes, some of that is deserved, but not for all of us.

Fake? What's with those industry pundits who last year provided copier sales training suggesting MPS was a fad?

Tuesday, July 25, 2023

DOTC Impressions of Xerox Q2 2023 Results: Growth; Upbeat Outlook for the Year



Any improvement is a good thing - as long as the vehicle includes servicing the New Way of Work and is on a path to a world without paper.

Highlights of the Earnings Call:
  1. Xerox showed resilience in Q2 2023, with equipment sales revenue increasing by 14.8% year-over-year to $420 million due to stable demand and improved product availability.
  2. Xerox anticipates an increase in adjusted operating income margin from a range of 5.0% to 5.5% to a range of 5.5% to 6.0% in 2023, reflecting operational efficiencies and a favorable revenue mix. Free cash flow is also expected to increase from at least $500 million to $600 million.
  3. Xerox completed the donation of its Palo Alto Research Center (PARC) to Stanford Research Institute International (SRI), focusing more on its core businesses. The move resulted in a net pre-tax charge of $132 million, offset by a net income tax benefit of $40 million, resulting in a net after-tax loss on the donation of $92 million.
_________

Ninestar's Downfall: A Doorway to Dominance for HP?



BTA turns to UFLPA, Ninestar slips, and HP stands ready to capitalize. Let's read between the lines

When the BTA stands firm with the UFLPA and puts a spotlight on forced labor, it stirs up a world of disruption for some - but for others, like our friend HP, it's the dawn of new opportunities. As the FLETF rolls out its ban on Ninestar Corporation and eight of its subsidiaries operating in Zhuhai, China, it has the whole business tech industry holding its breath. But in this sea of uncertainty, there's one company that might be grinning beneath the surface - and that's HP.

Now, why is that you ask? Let's dive into it.
________

Copier Salespeople: The Undoing of Managed Print Services Opportunities - A Personal Account

Re-Mastered from the 2009 DOTC classic, "Copier Sales People Destroy Managed Print Services Opportunities: Daily"



Why Traditional Copier Sales Tactics Undermine the Potential of Managed Print Services

Executive Summary:

  1. The Problem with Legacy Sales Practices: Managed Print Services (MPS) is a rapidly evolving industry; however, its potential is being undermined by outdated sales tactics. This issue is deeply ingrained and can lead to unsatisfactory client experiences, as old-school copier salespeople resist change and cling to outdated dogmas.
  2. Case Studies of Poor Sales Tactics: The negative impacts of these traditional sales practices are highlighted through two real-life client experiences. Both cases involve manipulative, rushed, and misleading sales practices from competitors that lead to client distress and loss of trust. These sales tactics prioritize moving products over genuinely addressing client needs, causing significant frustration and disruption.
  3. The Future of Sales - AI & Core Sales Principles: Looking ahead to 2023, the timeless lessons from these experiences remain relevant. No matter the technological advances, core sales principles such as empathy, active listening, problem-solving, and relationship-building remain irreplaceable. As AI becomes increasingly integrated into sales, it presents opportunities for efficiency and insight while also challenging traditional face-to-face selling practices. While AI has the potential to redefine sales, the core ethos of understanding client needs and delivering effective solutions remains constant.
_________

In the rapidly evolving world of technology, the managed print services (MPS) industry is no exception. Yet, the legacy sales practices of copier salespeople are undermining the potential of MPS. 

Despite the proliferation of MPS training programs and the influx of so-called "MPS Experts", I argue that these won't make a difference. Major manufacturers like Toshiba, Konica Minolta, Ricoh, Samsung, Xerox, and Canon, who are launching such programs, are likely to experience frustration and lost potential. The reason? Resistance to change and clinging to outdated dogmas.

There is a saying in the industry that encapsulates this issue: at the beginning of the month, we all sell solutions, but in the last week of the month, we move a box. This mentality is deeply ingrained, often causing chaos and dissatisfaction for clients.
_________

Contact Me

Greg Walters, Incorporated
greg@grwalters.com
262.370.4193