Bryson Broadcasting International Newsletter
Raising Radio and TV Revenues Worldwide!
1 September, 2011
Greetings from BBI!

Today's competitive broadcasting environment means that we all must be better, we all must work smarter. Bryson Broadcasting International (BBI) is committed to helping broadcast organizations worldwide to raise their level of expertise in sales and management.

Our newsletters give you information about sales and marketing that you may use to increase your revenue. We hope that you may find them to be of great benefit to your sales success. Happy selling!
In This Issue
The 80/20 Rule
The Client's Corner
We Want To Help Your Staff Increase Revenue.
The 80/20 Rule

  

 "80% of our business comes from 20% of our clients." Ever heard that bit of wisdom?  It's known as the Pareto Principle, named after Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population.  He also observed that 20% of the pea pods in his garden contained 80% of the peas. 

 

Most sales managers will tell you that 80% of their station's billing is produced by 20% of their sales staff.  Program directors know the Pareto Principle as "P-1 listeners".

 

What becomes important to us is knowing which of our clients make up the 20% that produce 80% of our income.  Once we identify these clients, we can devise ways to take very good care of them.  These are our "A" accounts. These are the accounts we should see or talk to on a weekly basis.

 

It's a good exercise to look at your client list, ranked by billing for the last year, largest to smallest.  How much does your top 20% spend with you in a year: $10,000, $25,000, $50,000, $100,000? What about your next tier of spenders?  How can you move them up to the "A" list?

 

Knowing which 20% of our pods contain the most peas is the beginning of even larger revenues.  After all, the easiest people to sell are those who already do business with you.

   The Client's Corner

 

 A recent A&E Network show ranked the top 100 devises of all time. Guess who came in second? 

 

  1. Smartphone
  2. Radio
  3. Television
  4. Hypodermic syringe
  5. Personal Computers
  6. Portable Air Conditioner
  7. Rotary Phone
  8. Phonograph
  9. Alarm Clock
  10. Light Bulb

  As the list went on, radio showed up again with Transistor Radios at #16.

 Words to Live By.....

 

  "Discipline is the bridge between goals and accomplishment.  We must all suffer from one of two pains: the pain of discipline or the pain of regret."

We want to help your staff increase revenue! We at Bryson Broadcasting International are available to help your sales staff achieve its next level of expertise.  We customize our programs to meet your needs.  As needed, we make use of interpreters and produce sales materials in your language.  If you would like to discuss your sales training needs, we may be reached at Pat@patbryson.com. Pat will also be attending the NAB Radio Show in Chicago Sept 14-16 and is available for meetings. You may contact her at 918.747.8774.
 
For more information about BBI, click here.
©Copyright 2011 Bryson Broadcasting International

A little about me.....
pat head shot in black sweater
Pat Bryson has worked in the radio industry for over 25 years. During that time, she was one of the highest billing sales people in the radio industry in her market. She was promoted to General Sales Manager, managing and training both experienced and inexperienced sales people . Her career advanced to General Manager, where Pat  created a culture of over achievement for her stations.
 
Through Bryson Broadcasting International, Pat now helps her clients to create that same culture of over achievement in their stations.
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