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Underwriting Sales Management

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Presentation on theme: "Underwriting Sales Management"— Presentation transcript:

1 Underwriting Sales Management
Presented by Kurt Mische – KLVX Las Vegas Jim Taszarek – Public Radio Partners

2 Stations PRP Represents
Phoenix Nashville Seattle Las Vegas Austin

3 PRP Employees Principals Kirk Nelson Jim Taszarek 25 Employees
Combined, over 200 years of marketing experience sales experience corporate support experience

4 Track Record of Sales Growth
Year % Year % Year % Year % Year % Aggregate billing performance for each year in a market

5 Underwriting Sales Philosophies
Underwriter Product Sales Management

6 Underwriter Expectations
Underwriters are: Primarily looking for marketing value Marketing value with our listener types With an appreciation for supporting station

7 Non-Commercial Nature
Public Broadcasting’s Quality Programming Non-commercial nature Are what the audience and underwriters value Respect and protect that nature in order to make underwriting a significant and sustainable revenue source

8 Business Levers A Business School Term for: Those few things
That significantly impact results And are within your control

9 Levers for Underwriting
People Inventory Ratings

10 Underwriting Sales Philosophies
Underwriter – Provide Marketing Value Product – Protect Non-Commercial Nature Sales Management – Focus People Inventory

11 Foundation For Television Growth
On-air environment Traffic system Production

12 On-Air Environment That showcases local underwriters
Improves the marketing result of underwriting Attracts the buying community to the station

13 Traffic Software A traditional television traffic software system
Which creates the ability to offer schedules that meet underwriters’ needs Allows the station to manage inventory Allows account information to be managed effectively

14 Production Professional and quick turnaround option
Resolving underwriter concerns that they can’t afford television Improving the on-air look of underwriting which makes it more appealing Capturing quick turnaround event revenue (such as performing arts)

15 Foundation For Growth On-air environment Traffic system Production

16 Key Processes People Sales Sales Management Inventory Management

17 PRP Sales Process Step 1 - Prospect Step 2 - Needs Evaluation
Step 3 - Presentation Suggested Schedule Recommended Copy Step 4 - Follow-Up Step 5 - Extend Relationship

18 PRP Sales Management Process
Annual & Quarterly Department Strategy Monthly Sales Training Projection System Weekly On-going Coaching on Sales Process Individual Meeting Sold, Selling, Missed Collecting, Collected

19 Projection System Projection Worksheet
Rep assists in establishing monthly quota Projects rep expectation Manager coaching tool Establishes long-term pacing information See your work progress, or flow easier Excellent working doc Creates great historical information

20 Projection Worksheet

21 Projection System Quota Worksheet
Establishes monthly quotas for department considering multiple points of reference Helps to project department inventory demand Helps with station pricing Communication with station Training topics

22 Quota Worksheet

23 Quota Worksheet – cont.

24 Projection System Goal Meeting Report
Projects revenue pacing for next three months Clues for pricing inventory Adjustments for immediate needs The “why’s” of success and losses One-on-one with your manager

25 Goal Meeting Report

26 Goal Meeting Report - Cont.

27 Projection System Recap
Projection Worksheet Quota Worksheet Goal Meeting Report Helps establish monthly quota with generous rep input Establishes monthly quotas considering various information Coaching and Projects Potential Demand

28 Benefits Sales Management Process
Help you effectively coach your sales reps Maintains a professional sales approach Understand the effectiveness of your sales department Standards of Performance Indicators Benchmarks Provide good information for forecasting Adds “real” value to your selling efforts

29 Questions?


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