You’ve secured investment, now what?

You can still hear the echoes of the champagne corks popping but you know the real work lies ahead. Any business that’s been through rounds of investor pitches, meticulously prepared presentations and hundreds of handshakes to successfully secure investment, knows that feeling of celebratory relief. When you’ve been focussed on securing the money for so long it’s hard to shift to the next phase. Your strategy is clear…in theory. And now someone else believes you can do it too, which presents a new pressure, living up to the pitch.

How do you ensure you make your budgets work as hard as possible, so you can deliver the profitability your investors need to see and achieve your predicted growth?

Start with a solid self-appraisal

You’ve likely got a very strong idea or product to sell, some great market insight and a formidable sales strategy. What do you think will be the hardest part of your strategy to get right? Are you struggling to distil the benefits of your product into a targeted marketing strategy? Maybe you need help reaching decision makers. It’s worth thinking about this at the outset. If you’re in the SaaS industry, for example and the bulk of your time and expertise has been focussed on developing your software, it’s going to be a steep learning curve for your team in areas where your strategy demands immediate excellence in sales or marketing. Look at your budget and make some decisions about buying in expertise. Working with experts who can nail your brief and give it the time and attention it deserves, will save you money in the long run.

Don’t limit your own success

Maybe you really are the best person to do it all, but think of the scale of the opportunity. Do you have time to do everything? Or, will you free up valuable diary space if you carefully outsource elements that you believe you could oversee with a guiding hand? Think about where your money and your time are best spent. If you’re the face and the voice of the business, you’ll eventually need to relinquish some of the day-to-day.

Build your supplier network

A trusted supplier is genuinely worth their weight in gold. They can give you a steer on where to allocate budget and where you’ll get the most return on investment, provide a valuable sounding board for any ideas or concerns you may have and genuinely look out for opportunities on your behalf. Good suppliers are an extension of your team, bridging that gap in knowledge and expertise and working with you collaboratively to achieve mutual success. They won’t sell you anything you don’t need but instead make even the tightest budget align with your business aims.

You can be ambitious and realistic

When it comes to your business, there’s nothing wrong in thinking big. We’re living in an age of business insight, if you’ve got an ambitious target in mind you can work out what your conversion of leads needs to be to achieve your goals. A trusted supplier can advise of typical conversion rates and how they’ve achieved this for their other clients, giving you an educated idea of what’s realistic for your business and your timescales.

At Air Marketing, we’re experienced in working with clients to maximise their outsourcing budget to achieve their business objectives. We’ve worked with businesses at every point in their journey to leverage the best return on investment for budgets that need to deliver results. We work with clients to create a tailored, blend of services that will deliver the best conversion rates in their desired market. If you’d like to hear more about how we can help your business grow or show you how we’ve helped businesses from all sectors achieve success. Get in touch today, call us on 0345 241 3038. Or hear more from our existing customers here.

My 5 Tips to Personal Development

I started my journey with Air Marketing back in 2018 as a Business Development Executive. I really enjoyed the role, the culture and the opportunities that were clearly available from this position. But I was hungry for growth and I knew I wanted to develop my career, within the first year I quickly excelled and was rewarded with the management of my first account. I was thrilled by this opportunity to really show what I was made of and also to give the client the best experience of working with Air.

Fast forward to today, just over a year later and I’m stepping into one of just three Account Manager roles, with my sole focus to deliver ROI for our ever-growing client base.

I wanted to share with you how I got here, so these are my 5 focus areas:

Training

I’m a huge believer in achieving anything, if you’re willing to learn and open to change. Within my time at Air I’ve had the opportunity to learn from various senior team members and taken part in some fantastic training sessions. These have been vital to my progression as it doesn’t feel like I have ever stopped learning. My favourite training was a Time Management session run by our in-house Learning and Development Co-ordinator. It taught me how to balance my workload and keep stress levels under control, which is vital in a fast pace, high performance environment like Air.

Feedback

I may be a Gen Z; however I don’t agree with snowflake culture that the generation has been tarred with. I value and really take on board feedback from those more knowledgeable both inside and outside of work to aid my professional development. Sometimes the feedback has been negative, but I always feel you can take learnings and constructive criticism from these moments. Being in sales I have a tough skin anyway!

Honesty

Yes, honesty. I’ve always taken the approach of transparency with my colleagues and clients. It’s something that fits well in our culture and something we pride ourselves on at Air. You can’t lie when it comes to statistics and data. If you’re honest with clients this will create a strong and respectful relationship for the future.

Creative thinking

A large proportion of my role is process driven, with this we see consistency of delivery and of results. However, you need to be one step ahead in account management. This means you need to be thinking of new ideas all the time to keep things fresh. Nine times out of ten your original strategy is going to change, and you will need to adapt to this to keep on the front foot.

Passion

I believe that passion is the biggest thing you need to get to the next step. I love what I do, and I am lucky to work in a culture that nurtures that passion and ignites it even further. Being dedicated to reach your goal is important and it is this drive and dedication that will see you become successful.

I’m looking forward to everything 2020 has in store in my new role, working with more fantastic clients and achieving great results for them. If you’re interested in joining Team Air, visit our careers page or call 0345 241 3038.

Opinion piece by Gracie-May Bryan, Account Manager at Air Marketing Group

What’s missing in your sales and marketing mix?

Presented by Air Marketing Group Managing Director, Owen Richards, and Sales Director, Simon Scott-Nelson, in association with The Institute of Sales Management.

About

A multi-touch, multi-channel sales and marketing process will always prove the most successful. Yes, that means cold calling and social both and can work seamlessly. But how do they integrate and how do you ensure success?

This webinar will be focused on the full spectrum of sales and marketing mix available. Taking you right through the customer journey and how to ensure prospects remain engaged.

Should you be doing a bit of everything? Or are you better doing a small amount really well? And if you’re only going to embark on an ambitious sales and marketing plan, what are the options that give you the biggest return?

But what happens when the prospect disappears of the face of the earth? Or if an MQL doesn’t qualify to an SQL? Or even once a prospect becomes a customer. How do you build a process that maximizes your revenue opportunities across the customer or buyer journey?

Key takeaways

• Which channels are you forgetting?
• Which channels do you need to explore further?
• Where are your customers?
• How are you ensuring every engagement has the maximum opportunity to produce the most value?
• Where’s the hole in your marketing and sales process?
• How to successfully integrate sales and marketing processes, to deliver revenue