Category: AR best practice

SageCircle defines “best practice” as the approach that is generally accepted. Superior alternatives that are not generally accepted are “leading-edge practice”, not “best practice”.

Tool for Sales – The Prospect Profile Form

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icon-dollar-euro.jpgThe analysts possess a wealth of information that can help vendor sales organizations better understand their prospects. The question is how to get the information from the analysts. SageCircle has put together a simple process and checklist that AR can use to conduct a structured inquiry with key analysts to collect and organize important information about your prospects. The process is simple. Schedule an inquiry with one or two of your Tier 1 analysts (with whom you have Inquiry privileges). Use the questions on the Prospect Profile checklist to gather information from the analyst and enter the responses into the form. After finishing the inquiry, complete the form and forward it to sales.

There are two main categories of input that you are looking for: “Analyst’s Perceptions about the Prospect or its Peer Group” and “Analyst’s Perceptions about Your Differentiation in this Situation.” Within each main category there are sub questions like market, prospect and business challenges. 

Besides obtaining valuable information and insights for your sales teams, using this technique is also a great way to improve your relationships with key analysts. As we mentioned […]

Getting executives to agree to making changes to their presentation for an analyst briefing

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SageCircle strategists review a number of presentations each month in the context of phone-based inquiries. First-time critiques often result in recommendations for significant revisions.  This is because atypical sales or marketing presentation does not produce the sequential flow or information content required for an effective analyst briefing.  Unfortunately, when a sales presentation is used with an analyst, it frequently results in a negative perception of the company and its products by the analyst.

For example, SageCircle conducted a presentation review with a new client. The AR team representative and the intended product spokesperson were on the phone. Upon review, the “deck” resembled a typical sales presentation and suggested changes met strong resistance. The spokesperson had very firm ideas on how his presentation had to be built. Many of his beliefs were rooted in years of successful selling, but were quite inappropriate for an analyst “deck.”

The impasse was resolved by stepping back from the immediacy of the presentation and focusing on the intended result – getting the analyst to agree with a set of perspectives held by the company.  From the spokesperson’s selling background, he agreed that to achieve this result, the message had to be tailored to the audience.  The spokesperson further admitted […]

AR Strategic & Tactical Plan – The Intersection of Many Activities

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As is often the case with blog posts, I scan the AR profession and SageCircle’s client work to determine “What’s hot” – i.e. the common theme running though our engagements and inquiries. This time the issue is the AR Strategic & Tactical Plan.  We encounter planning issues when starting an AR Diagnostic; it often comes up in an inquiry or when planning training by saying “Let me see your AR plan”; and clients reviewing our research will exclaim, “This should be incorporated into my AR plan.”   It is significant that we are seeing Strategic & Tactical planning take precedence in practitioners’ minds.

This emphasis is not surprising since AR is an activity-intensive function with scheduled and unscheduled events spread throughout the year. The slowing economies in many countries heighten this emphasis by placing pressure on AR programs to prove their value.  As AR programs take up this challenge and pursue strategic goals such as “Arming Sales to Close Business”, their need for tighter planning increases.  Unfortunately, in performing AR Diagnostics with clients or prospects, we often find that clients answer “No” to the majority of questions in the AR Planning section while answering “Some” or “Yes” on other sections such as “Responding Rapidly to Critical Analyst Opinion.” This is putting the cart before the horse. For example, we know that AR programs will find it more difficult to develop an effective measurement program to […]

Spoon feed analysts public information

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This should not have been a surprise to me, but I was shocked when I first started dealing with analysts as an analyst relations (AR) professional with the number of analysts who never bothered to check my company’s public information. Yeah, it was OK that they never read the marketing content on the website. But they also never perused the quarterly financial statements even when they were basing part of their analysis on the financial strength of my employer and very visibility stating the “facts.” Here is an example. 

A Gartner analyst sent me a courtesy review copy of slides for an upcoming Symposium presentation. One the statements on the “Challenges and Strengths” slide was that the margins for a particular business were a “challenge.” Huh? This particular division had consistently improved its margins – year-over-year and quarter-to-quarter – for ten straight quarters. What was going on? That was when the light bulb went “Click!” for me. The analyst had not read the quarterly statements. So I put together a simple table that extracted a few relevant financial facts for the business group going back four years. It showed the challenges the business had early on, but then it illustrated the consistent, never wavering progress for 2.5 years. After reviewing the simple table consisting of public information, the analyst moved margins from “Challenge” to “Strength.”

That was a win for AR, but it outraged me that a former colleague was making public speeches about a company without bothering to check the facts. Yes, perhaps this was a bit naïve of me. Once I took a few deep breaths and calmed down, I set about spoon feeding this analyst and the other Gartner analysts in the same research area the basics about this particular business group’s financials. Every quarter I would add to the aforementioned […]

Q&A from SageCircle’s “Introduction to Twitter for AR” webinar – Firm handles, retweet, protocols and more

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icon-social-media-blue.jpgAt the four sessions of the “Introduction to Twitter for AR” webinar held in August, there were some interesting questions that came up. Here are answers to some of the questions.

Shameless Marketing – If you missed the webinar, you can schedule a SageCircle “AR Briefing” on Twitter for you and your colleagues. Click here for a brochure or contact us at 650-274-8309 for more information.

Q: What about firms that follow you? Do you recommend letting them follow you? (e.g., Gartner)

A: Firm handles (e.g., @forrester, @Gartner_inc and @the451group) are typically used to promote the firm. For example, @the451group is used to announce research note publications and @Gartner_inc is used by the Gartner PR team as a press release wire. @forrester is often used at Forrester events to facilitate info to attendees and accept questions during sessions. There is little or no downside to letting them follow you. On the other hand, you should carefully consider whether you should follow them. Because they are marketing tools, they could add clutter to your timeline without necessarily giving you useful information.

Q: Why retweet? To pass along a tweet to others?

A: Retweets are used for a couple of purposes. One is to give your reply some context by including […]

Answering “10 Questions Analyst Relations Have on Social Media” Part 2

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icon-social-media-blue.jpgRecently Jeremiah Owyang, a Forrester analyst that covers social media, spoke to a group of AR and PR professionals at a large vendor in the Silicon Valley about the use of social media. Of course, Jeremiah being Jeremiah, he posted about the meeting in 10 Questions Analyst Relations Have About Social Media. The post is interesting in that Jeremiah did not try to answer the questions he recorded, so SageCircle is going to provide our take on the answers.

The following questions were answered in part 1:

  1. Is social media a medium to influence the influencers?
  2. Are influencers impacted by social media usage of clients, vendors, and media?
  3. Now that many are creating their own messages is message control realistic?
  4. Can AR and PR benefit from listening to social media?
  5. Can AR and PR benefit from using social media to talk?
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    Now to questions 6 – 10
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  6. How do AR folks, who are traditionally accustomed to deep, often in-person relationships benefit from this? Relationships today are built on more than in-person meetings. This is especially true as both analysts and AR staff become more geographically dispersed. Social media can provide intelligence, insights and actionable information about the analysts that provides the basis for […]

Answering “10 Questions Analyst Relations Have on Social Media” Part 1

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icon-social-media-blue.jpgRecently Jeremiah Owyang (bio, Twitter handle), a Forrester analyst that covers social media, spoke to a group of AR and PR professionals at a large vendor in the Silicon Valley about the use of social media. Of course, Jeremiah being Jeremiah, he blogged about the meeting in 10 Questions Analyst Relations Have About Social Media. The post is interesting in that Jeremiah did not try to answer the questions he recorded, so SageCircle is going to provide our take on the answers. 

Some of the questions are addressed to “influencers,” not necessarily only analysts. For our answers we are going to focus on the industry analysts, thought SageCircle does think a lot about the broader influencer landscape (e.g., see Fog of Influence).

  1. Is social media a medium to influence the influencers? Yes, but “influencing” is too narrow an approach. Social media can be great tools for engaging analysts, educating them on important issues, building personal relationships, getting feedback from analysts, and so on. AR teams need to think less that social media is something “special” and more that it is just part of the overall communications toolbox to be used where appropriate depending on the specific task and analyst.
  2. Are influencers impacted by social media usage of clients, vendors, and media? This depends on the analyst. Some are ignoring the whole social media phenomena because they think it is a passing fad, not relevant to their clients, or does not fit into […]

Social media as a channel for analyst conversations

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icon-social-media-blue.jpgFreeform Dynamics analyst Dale Vile (Twitter handle) has an interesting post, The importance of the back channel, on the Open Reasoning blog. In the post, Dale discusses the value social media can play in moving public conversations into private channels. Money quote:

“Consider, for example, that while it is obvious when a blog post or a tweet on Twitter sparks an open conversation in public, it is not so obvious when it prompts a private exchange via email, instant messaging, the telephone, or some other mechanism. Indeed, it is quite common in my experience for two related threads to be running in parallel, one in public and one in the private back channel. More commonly, however, the back channel exchanges are spin-off conversations that have their roots in the public discussion, but take it down a different route.”

However, social media is a channel in and of itself for some analysts. Jeremiah Owyang (blog, Twitter handle) from Forrester in a post on Edelman AR pro Jonny Bentwood’ Technobabble 2.0 blog explains:

“I’ll be very clear on this as an analyst. If you want to influence me, be in a conversation and dialog with me, in person, online, and wherever I go.”

Jeremiah is heavy into conversations via comments to his blog and Twitter tweets.

AMR Research disruptive technology analyst Jonathan Yarmis […]