commonsku sessions: Reflections on the 4-City Tour to Double the Size of the Industry
It was a tiny idea that grew into a colossal vision:
What if we created a sales conference that focused on doubling the size of the industry?
Each year, most of us in the business look at the marginal annual industry growth at $24 billion and only see within the limits of that spend, we ask, “How much of that pie can I get?” But we’re asking the wrong question. According to Ad Age, media spending forecasted for 2019 in the U.S. alone is $210 billion and worldwide media spending is forecasted to be around $563 billion. The “industry” is $24 billion but the market is exponentially bigger.Clearly, we are thinking too small.
So we created a 4-city tour of LA, NYC, Chicago, and Dallas and shared with max-capacity crowds in each market (around 350 industry sales professionals in total) that we were not interested in helping distributors steal more revenue from each other, rather, we wanted to challenge them to think bigger, beyond limited market share, into exponential market share, we want to grow the pie.
Starting with this concept, we built a curriculum around this passion. We included classes like The Floodgates: Create a Never-Ending Pipeline of New Business, How to Double Sales Without Adding a Single New Customer, How to Enchant Your Customers Through the Power of Story, Appealing to the Modern Buyer: How Engagement Commerce Ignites Sales Growth, and Psychology of Sales: Learn the Secret Weapon to Connect, Relate, and Increase Sales.
We hosted panels that included some of the most seasoned pros sharing their stories and insider tips and during the panel session, even called on members of the audience to share their stories as well.
And for our team, we also learned some surprising and significant lessons about this business that we love, lessons applicable to us all: