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As
appeared in May, 2002 imessage published by ASI
The
Next Big Thing...
Advertising Sales: Tools That Build a Competitive Advantage
Of all the ways nonprofit organizations can generate non-dues
revenue, advertising sales offers the greatest potential if
the right tools are in place. For many reasons, nonprofits
enjoy a special status within the publishing world. Now is
a better time than ever to take advantage of that status by
streamlining operations, reducing costs, increasing sales,
and building market share for years to come. But in order
to do so, you need the right tool. SpaceMaster is that tool.
The Next Big Thing...
Advertising Sales: Tools That Build a Competitive Advantage
by: Raphael Badagliacca, SpaceMaster, Inc.
Advertising
professionals within nonprofits and associations have their
own unique timelines, their own agendas, even their own terminology.
They need a
comprehensive product that handles their requirements, written
by people who understand advertising. At the same time, they
need a way to keep the overall
organization informed about what it needs to know: Who are
our customers? What are they buying? How can we increase sales
and bring more of that sales
revenue down to the bottom line?
Natural
Niche Marketers
Over the four-year period from 1997-2000, advertising revenue
in the U.S. alone continued a trend by increasing from $160
billion to $200 billion. Nonprofits
are perfectly positioned to help themselves to a bigger piece
of the advertising pie for a simple reason -- niche marketing.
Niche marketing is king and nonprofits own niches. But with
notable exceptions, very few
thoroughly mine the advertising opportunity at their doorstep.
One major reason -- they do not have the management tools
that enable them to do so.
While nonprofits can increase membership, raise dues, sell
more products, or sell additional booth space at a trade show,
the year over year revenue growth
from these sources will, at best, be incremental. Advertising
sales profitability, on the other hand, can double in a single
year, if the right
tools are in place.
The
Best of Both Worlds
When you bring SpaceMaster and iMIS together, you benefit
from the very best of both worlds. The two products are intelligently
and seamlessly linked. More
than an add-on, SpaceMaster is an extension of iMIS. How the
products work together to produce a single unified solution
that goes in-depth in each of its
aspects is a proven example of Advanced Solutions International's
commitment to enlisting "best of breed" solutions
for its customers.
For
example, prospecting, an important part of increasing sales,
takes place in SpaceMaster, yet a prospect that becomes a
customer is automatically in iMIS, where a complete financial
picture, including advertising purchases, can be generated
at any moment. In this way, the customer system is not cluttered
with prospects, yet all customers are instantly present. At
the same time, payments made in the Accounts Receivable portion
of the iMIS system for advertising invoices reflect back on
the SpaceMaster order screen so that as a new order for an
existing customer is contemplated, an up-to-date completely
accurate view of outstanding payments appears on the same
screen.
What
a SpaceMaster Demo Will Show You
1. How to Streamline Operations by gaining greater control
over all advertising activities, including those of outside
rep organizations.
2. How to Reduce Costs by eliminating duplication of effort,
by getting more results from fewer hours of work time by keeping
all relevant information
up-to-date and immediately available, always only a keystroke
away.
3. How to Increase Sales by making comparative history immediately
available at all times, by introducing intelligent, flexible
prospecting capabilities, by informing contact management
with every relevant sales detail,
by bringing everything that matters together.
4. How to Increase Market Share through business analysis
tools, including competitive analysis.
Streamlining Operations and Reducing Costs SpaceMaster will
not dictate your workflow. It has the flexibility to complement
your existing workflow, or it can help steer the redesign
of your workflow into a more efficient operating model. Expense
reduction can come from all areas of your operation. Depending
on your vision of current and future workflow, SpaceMaster
can positively impact your bottom lines in several areas,
including salaries, benefits, office supplies, office furnishings,
telephone, rent and much more!
Maximizing Sales
Increasing sales is a crucial issue for every publisher. In
this challenging operating environment, you must know your
customer and prospect better than you've ever known them before.
You must also know that the appropriate sales pressure is
being applied at all levels. SpaceMaster allows you to effectively
track and manage the sales process and how prospects are moving
through it. Every detail of the sales process and every option
can be effectively managed and easily accessed by sales representatives
and sales
managers Managing External Sales Organizations
Publishers who choose external rep firms need to be sure that
they don't lose control of their operations, beginning with
the customer database itself.
SpaceMaster provides you the luxury of maintaining close management
supervision of your customers, while controlling the cost
of your sales. With so many
advances in remote computing and communications software,
there is no longer any reason for headquarters not to remain
completely apprised of each
customer's and each sales rep's activity, so that sales expectations
can be set accordingly. SpaceMaster has features that allow
publishers to track sales forecasts and evaluate performance.
SpaceMaster will help you analyze discounting and set limits
upon it.
What
SpaceMaster Does
SpaceMaster does everything you need to do to sell, close
and bill issues. It manages your contracts. It understands
and automatically applies all of your
rate cards. It generates automatic insertion orders. It allows
you to set discounts and surcharges, bringing the price of
any insertion to exactly where
it needs to be, but also creating an audit trail of discounts
and surcharges always explaining how each price was reached.
A single insertion can serve as
the model whereby an entire contract of insertions is entered
with a few keystrokes. It calculates commissions, regardless
of whether you pay your
salespeople upon order or payment. SpaceMaster has a complete
credit hold system.
SpaceMaster records production details and outputs data directly
to any layout system. You can attach a computerized image
of an ad to any order. Materials
are tracked as new, pickup, or pickup with changes. Product
categories can be enlisted so that revenue can be summed by
advertising category. Automatic
insertion orders and contracts can be generated.
SpaceMaster produces dozens of reports, including financial,
production, contact, performance, commission, list, mailing
and others. Reports can be run
for any time period, for one or all publications or ad entities
(such as Web sites), for one or all territories, for one or
all reps. Consequently, activity can be reviewed and totaled
by publication, by account, by territory, by rep.
SpaceMaster has natural analysis capabilities. It has screens
that summarize and compare activity. It has reports that produce
graphical output, compare
sales activity between periods and contrast dollars generated
and ad space occupied for the same periods (so you will always
know whether discounting is
on an upward or downward trend). The Comparative Analysis
screen instantly shows these and other comparisons. Graphical
output can be sent directly to
PowerPoint for instant presentations using live data.
How to See SpaceMaster
Call
me at 973-429-1155 or send an e-mail to space@spacemaster.com
and we will arrange a time convenient for you to see the product,
online or in-person. We look forward to showing you how SpaceMaster
can increase your profitability.
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