Going to a Sales Meeting? 4 Things to keep in Mind

Sales people are constantly in and out of meetings and sometimes you forget the little things.  Forgetting the small stuff could be detrimental to your success and you could end up losing the sale even before you leave the first meeting.  You don’t have to get too complicated, but putting together a small game plan before a sales meeting is very important.  Do a small background check on the person you are meeting with, prepare some good questions that you want to ask, and make sure you there 15 minutes early.

Here are 4 things you can do today that will help you get closer to a purchase order:

1.  Shut up and Listen:

The biggest problem that I see with many sales people is that they tend to talk a lot.  Although it’s a good trait to have when you are at social events, it’s not the best thing to be over talking during a meeting.  Don’t sit there and spit out information at the potential client because you will just end up confusing and overwhelming them.  Ask proper questions and try to uncover problems.  This doesn’t mean that you should sit there like a mute, you can still strike up conversations, just keep in mind that your there to hear what they have to say and to see if you can help solve their problem.

Come up with a bunch of good questions to ask and prepare yourself before walking into the meeting.  Not only will you have a productive meeting, but you will come off very professional.

2.  Nobody Cares about Bits and Bytes:

If your selling technology, don’t over concern yourself with knowing every technical detail about the product.  If you are sitting in front of the right person, they aren’t going to be grilling you about the engineering specifications.  Concentrate on fully understanding the customer and their needs.  If they are asking you overly technical questions, you can always write them down and follow-up the next day.  It’s another excuse to give them a call and touch base.

3.  It either has to Make them Money or Save them Money:

If what you are pitching doesn’t help the potential client make money or save money then your solution is most likely not a fit.  Of course this isn’t true for consumer products (i.e. TV, iPod, etc), but if your in business-to-business sales then this is 100% true.  When we walk into a potential clients office they are usually asking us to come in because they need to reduce theft or liability (if you don’t know, we sell security solutions).  If you are selling a state of the art machine to a manufacturer it should be able to speed up production, in turn making them more money.  Always ask yourself “will my solution save them money or make them money?”  If the answer is No, then you are most likely wasting their time.

4.  Follow Through:

Make sure you follow through on absolutely everything you talked about in the meeting.  Write down all of the customers questions and take good notes.  When your done the meeting ask them when they need you to follow-up.  Do they need answers tomorrow or next week?  If they need answers tomorrow, then you make it a priority and get them an answer tomorrow.  If they need an answer next week, then make sure you get all the info into your CRM system and you get back to them on exactly the date you agreed on.  Make sure you answer every question, no matter how ridiculous they sound to you.  By being responsive and easy to deal with shows your potential client that your company is the same way.  Many people miss this small but simple task and the decision maker will notice.

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2011 Young Entrepreneur Award

There are approximately 4000 businesses in Richmond Hill, Ontario and each year the Richmond Hill Chamber of Commerce hosts the Business Achievement Awards to recognize  the winners of several different categories.   Carlo Di Leo, Double Vision’s Owner and General  Manager, was amongst the finalists and was awarded the 2011 Young Entrepreneur Award.

When Carlo Di Leo, then 25, was talking to a friend about the emergence of new video surveillance technology and how the security market was in need of a change, he quickly came up with a business plan and quit his job.  With no money, no employees, and no experience in the industry, Carlo started Double Vision with as little as a computer and telephone.  He called businesses in the GTA and began introducing Double Vision and the concept of how digital video technology could help them better protect and manage their business.  In the beginning Carlo wore all the hats, going straight from a sales meeting to a job site to finish an installation.

Today, Double Vision is a full Security Services provider with over 12 employees and multi-million dollar sales.  The company provides Video Surveillance, Access Control, Intrusion Detection, and Video Monitoring solutions and caters to Fortune 500 companies, Government, Schools, Property Management, Building Owners, and Construction Sites across Ontario and Canada. Carlo was honoured to receive the award and be recognized for his achievements, giving most of the credit to his dedicated staff for all of the hard work and time they put into the company.

The awards ceremony was held in mid-March at the Sheraton Parkway Toronto North Hotel.  For more information on Double Vision visit our main page at www.doublevision.ca.

 

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18th Annual SpringFest back in Toronto

Springfest | April 17, 2012

The 18th Annual Springfest returns on April 17, 2012 at the Metro Toronto Convention Centre South Building. This exclusive one-day event features educational seminars and top exhibits for building owners, property managers, facility managers and others responsible for building maintenance and facility operations.

Double Vision will be exhibiting at booth # 623.

Tuesday, April 17

Exhibit Floor -10:00 a.m. – 2:00 p.m.
Seminar Program – 8:30 a.m. – 12:00 noon

More Information:

Register for Free:  https://www.microspec.com/reg/SF2012/

Seminar Program Listing:  http://www.springfesttoronto.com/pages/Seminar_Program_Listing.php

Floor Plan:  http://www.springfesttoronto.com/pages/floorplan.php

Directions and Parking:  http://www.springfesttoronto.com/pages/directions_parking.php

 

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4 Wrong Ways to Implement Car Dealership Security

For years we’ve been trying to get the right formula for securing the outdoor perimeter of a car dealership.  So much money in inventory is just sitting there waiting to be stolen or vandalized and the insurance companies are trying to find every reason to hike up premiums.

Here is what Not to do:

1. Outside Motion Detectors:

This is one of the fastest ways to accumulate expensive false police dispatch bills (around $150.00 each time) and to quickly be put onto the “do not respond” list.  Any little thing will set off an outdoor motion detector and there is no way to verify whether it was a person or a raccoon.

2. Fence Sensors:

In order to add fence sensors, you will need to get a fence installed around your whole lot.  Although they are less prone to false alarms than outdoor motion detectors, there is still no way of verifing whether a person or raccoon is climbing the fence.  Without verification you will still be stuck with false alarms… maybe just not has many.

3. Guard Dogs:

Guard dogs may deter people from coming to your site but at the end of the day they are an animal and animals don’t provide the best security.  I’ve heard horror stories of dog droppings being left around the yard, scratches being found on the hood of vehicles, and, in one case, the fence was cut and the dogs ran out to eat a couple of steaks that where left for them.

4. Security Guard:

A security guard may solve your problem, but it depends on what service you decide to go with.  If you choose to get a “rover”, which is a security guard that passes by your site a couple times per night, then you might as well throw your money in the garbage.  The chances of a “rover” coming by at the exact time that someone is stealing from you is very slim.

If you choose to go with a full time security guard, then you will have to be prepared to spend a lot money.  This will not only cut into your profits but you will also be left with the uncertainty of not knowing whether the security guard is sleeping while on the job.  Unless you go with an expensive company the chances of getting a below average security guard are high.

So now that we’ve uncovered the wrong and expensive way’s to secure your car dealership, lets look at the right way.

Virtual Security Guard

With Virtual Security Guard, you will get a great combination of technology and people.  With the use of cameras and intelligent software, your outdoor area could not be better protected.  During non-business hours the camera software will constantly watch the lot and look for people or vehicles entering the scene.  Upon alarm, a live video feed will be pushed, in real-time, to a monitoring agent.  The agent can then assess the situation and determine whether to dispatch police, call the owner, or dismiss it as a false alarm.

Adding Audio

By adding a loud speaker to the lot, our monitoring agents can easily provide a custom Voice Down message to the site:

“To the person in the red shirt, Good evening and welcome to ABC Dealership.  We are now closed and we want to advise you that the site is being monitored by a live agent.  Feel free to browse the vehicles and if you need further assistance we will be opening at 9:00am tomorrow morning”.

With Virtual Security Guard you can better protect your valuable inventory, eliminate expensive security guards or dogs, and provide an extra level of customer service to your business.

 

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4 Rewards to Cloud based Access Control

A growing number of building owners and property management companies are realising the benefits of integrating a cloud based access control system.  Most property managers with more than one building have dealt with the common issues related to server/software based systems.

Here are four ways you will be rewarded if you invest into a Cloud based Access Control system:

1. Connect to Any site, Anywhere, Any time

The best thing about Cloud based Access Control is that you never have to launch a piece of software.  You simply go to a secure website using any web browser on any computer or smartphone.  You will have immediate access to all your buildings and doors, and the ability to make changes on the fly.  When a new site is added (such as a new building) it will automatically appear when you login.

2. Automatic Updates and Patches

With Cloud based Access Control you can worry less about software updates and software fixes and more about running your building.  When a new software version or a feature is added all you have to do is login and you will see it.  Nowadays, any time you purchase software or hardware, it quickly becomes obsolete.  Every time you login to your cloud based access control, you are logging in to the most current version.  This means that in 1 year or 5 years, your system will never be obsolete.

 

3. Automatic Backup

Almost anyone that has a software based access control system will tell you that they’ve forgotten to backup the data and had to deal with a system crash.  When this happens, you end up wasting a lot of time and money trying to get your system restored.  With a cloud based access control system, your data is automatically backed up at an offsite location for 365 days.

4. Tiered Administration

Having tiered administration, with a system that has multiple sites and multiple users, will make your life much easier.  You can easily assign different administrators and give them access to different buildings, doors, and rights.  For a property management company, each property manager can manage their buildings and subsequently open up individual accounts for building managers.  Because it is all web based, there is no need to load software or purchase additional hardware for each user.

 

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Retail People Counting Systems

People Counting SystemsThe retail market is very competitive and one of the key’s to success is keeping your operation costs low.  Are you opening your stores too early or closing too late?  Are you over staffing during certain days of the week?  Are you spending your advertising dollars properly?

More and more retailers are turning to People Counting systems to help answer these questions.

I recently read a Software Advice article called Four Benefits of Integrating Traffic Analytics into POS Software, written by ERP Analyst Michael Koploy.  He explains that although point-of-sale solutions offer great information on sales transactions, they lack in providing information on sales opportunities of in-store traffic.

Many retailers understand the theoretical importance of conversion rates, but they often overestimate their own rates.  By aligning traffic counting with sales numbers within the POS solution, retailers could monitor their conversion rates and gain a more accurate view of how well they are leveraging their retail opportunity. – Paco Underhill in Why We Buy 

Michael’s views in his post are right in line with the benefits that our customer’s are seeing when they implement a People Counting System.

Follow this link to read the full article:  Benefits of Integrating Traffic Analytics into POS Software.

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PM Expo & Construct Canada Show

Next week is the PM Expo, Canada’s largest property management exposition and conference. It will be held in Toronto at the Metro Convention Centre, South Building.  It is concurrently held with Construct Canada, Home Builder & Renovator Expo, Concrete Canada, and Design Trends.

Over 1050 companies will be exhibiting and over 23,000 people will be attending.

Double Vision will be exhibiting in Booth 2000

You can attend for free if you register here:  https://www.microspec.com/reg/CONCAN2011/ 

Stop by our booth to say hello…  Hope to you see you there!

 

 

 

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4 Reasons I Don’t Like Alarms but Recommend them Anyway

Alarm systems have been around for ages and yet no real advancements in technology have been made.  When a door contact or a motion sensor is tripped, it sends a signal to a monitoring station, and the monitoring agent calls the people on the list.  My first problem with alarms is that the monitoring agent has not clue what is going on at the site.  They can’t see anything and even if they can hear what’s going on at the scene, it’s not enough to verify the situation.  My second problem with alarms is that they call the home/business owner and put all the responsibility on them.  The owner has to make the decision to call the police (or not), the owner has to get in the car and drive to the site, and if there is a robbery the owner incurs the loses.  My third problem with alarms…. statistics show that 99% of alarms called into police are false.  My fourth problem with alarms is that the police take, on average, 30-45 minutes to show up.

99% of alarms called into police are false

You may think that I am crazy, being from the security market and talking down one of our solutions, but the truth needs to be told.  I admit, I do not like alarm systems and it is true that they are an archaic technology, but at the end of the day they do serve a purpose.

Here are the top 4 Reasons why I still recommend alarms:

1. First Line of Defence:

They are the first line of defence.  Even though it’s archaic and gives the monitoring agent little information about the site, it will at least tell you that a door or window has been opened.  If you use this in conjunction with other security solutions (i.e. security cameras), then at least when you are alerted you have other measures of verifying if it is false or real.

2. Simple form of Deterrent:

It is a good deterrent for the average criminal.  If someone where to break in to your home or business, the siren will sound and at least scare the person away.  Further to that, it will also alert anyone in the home that someone has broken in.

3. Makes People feel Secure:

Most people feel more safe when they have a home or business alarm system.  For a business owner, when they leave the office, its a good feeling to know that at least someone can’t just walk in to your place without facing some type of deterrent.  For a home owner, when you leave the house or go to bed, its also nice to know that a siren will go off if anyone opens your door.

4. When integrated, it can be very powerful

If you integrate an alarm system with access control and cameras, it can become a very powerful security system.  There is a big advantage to being able to arm/disarm your alarm with a card, being able to verify on camera who is coming into the building, and to top it off, having much more usable information when an alarm is tripped.

The Bottom Line

The bottom line is, alarm systems are the most common form of home/business security.  Almost all home and business in North America have an alarm system and it makes people feel safe.  The purpose of my post was to make sure people understand that although an alarm system will increase security, it will not prevent a good criminal from breaking in.  I have a lot of customer’s that purchase an alarm system and when their first false alarm occurs they are shocked that the police took 45 minutes to respond.  This slow response time is not a flaw in our alarm, its common to every standard alarm system in the world.

Let me know what you think.  Do you feel like your alarm system is going to prevent crime?  Does it make you feel safer?

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Top 5 Business that Get Robbed

The bad news is that many businesses experience theft in some form or another. The nature of your business will determine the likelihood of being targeted. Over the years we’ve met a countless number of people that have experienced theft, some as little as $100.00, and some exceeding $1,000,000.00.

The purpose of this list is to help you understand which type of businesses we get called from the most.  The list is in no particular order, but if you are in one of these categories then you will already know the problems that you face.

Top 5 Business that get Robbed:

1. Plumbing Suppliers

Plumbing suppliers and contractors tend to carry large amounts of copper pipe.  This pipe can vary in size and it’s usually very difficult to find a place to store inventory.  Many times, this ends up outside in a yard or in a shed with minimal security.

2. Electrical Suppliers

Electrical suppliers and contractors are in the same boat as plumbing suppliers.  They carry large amounts of copper wire and it’s usually stored outside in a yard.

3. Transportation and Logistics

Anyone in the transportation and logistics industry will tell you that not only is it a tough business to make money, but the probability of theft is high.  A truck full of valuable electronics is an easy target for any criminal.

4. Warehousing & Distribution

Similar to tranportation and logistics, warehousing and distribution companies also experience high theft.  Usually in this industry, the theft is within the warehouse and most of the time involves employee’s of the company.

5. Retail Stores

If you own a clothing store and have a store with glass font windows, the probability of being targeted is close to 100%.  We have yet to meet a retail owner that hasn’t experienced a high value theft at their store.  Most of the time, criminals will come at night, smash the door in, steal all the clothes (in under 4 minutes), and drive away.

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VSaaS: Managed Video Surveillance

Managed or Hosted services have been around for a long time and are commonly reffered to as Cloud Computing or Software as a Service (SaaS).

The definition of SaaS is “a model of software deployment where an application is hosted as a service, provided to customers across the internet.”

The idea is that instead of purchasing software and servers to host your own system, you pay a monthly fee and all your information is hosted online.  In the IT and Data world, this business model has been around for a long time and makes lots of sense.  If you talk to an IT manager about Cloud Computing or SaaS, they will understand the concept immediately.

The idea is that instead of purchasing software and servers to host your own system, you pay a monthly fee and all your information is hosted online.  In the IT and Data world, this business model has been around for a long time and makes lots of sense.

Examples of everyday SaaS services:

  1. Email:  Gmail, Hotmail, Yahoo Mail
  2. CRM: Salesforce
  3. Banking:  TD Canada Trust, BMO, Scotia Bank

Whether you are talking about security or data, the benefits of hosted services are the same.

  1. Lower up-front Cost:  no software or hardware to purchase
  2. Lower Maintenance & Operating Costs:  no hardware to maintain, no software to maintain
  3. Easier Accessibility:  access your system from anywhere/anytime
  4. Always up-to-date:  Every time you log on you will be working off the latest platform

In the past 5-10 years we’ve started to see the security market follow the cloud computing trend. Managed Access Control system’s hit the market about 10 years ago and we are now starting to see the large manufacturer’s follow suit.  In the past 3-4 years, hosted video surveillance providers began popping up and are now started showing benefits in the smaller camera count opportunities (4-8 cameras).

Hosted Video Surveillance  ”For Dummies”:

-          An IP camera connects to a network switch

-          When the camera detects motion, it pushes the video to secure website

-          Customers can access their video by logging into the website

-          Storage is typically 15 or 30 days

 

 

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