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| IT Asset Management |
MpS drives business as many successful, full-service practices have evolved and thrived. But the well will run dry, the print will reduce - nobody is copying like it's 1969.
For those who derive a living through MpS, how do we remain relevant, build relationships and keep the revenue flowing on the downside of the curve?
We jump the curve.
We add services, transform our portfolio and stay on the cutting edge of innovation, right?
In this effort, many are looking toward the IT realm. This sounds great but the journey is proving formidable - investing in a NOC or help desk is expensive and retraining existing or hiring new sales talent takes time.
Wouldn't it be nice to find an offering that builds upon your existing tools and processes, requires little sales training, and helps IT departments everywhere? How about providing service customers naturally recognize as valuable and are willing to pay for, monthly?
I suggest we "Jump the Curve" with IT Asset Management(ITAM).
What is IT Asset Management?
“IT asset management(ITAM) provides an accurate account of technology asset lifecycle costs and risks to maximize the business value of technology strategy, architecture, funding, contractual and sourcing decisions” - Gartner
Sounds complicated, but I believe "If you can sell a copier, you can sell anything.” I’m not suggesting you become an ITAM expert, complete with certification and 10,000 hours of learning under your belt. I am proposing you offer services to fulfill one component of a successful ITAM program: inventory mapping. With the right tool, the process is as simple as a print assessment.
Three reasons to sell IT asset management-
- Relationship
- Relevance
- Revenue
- In the ’70s, we sold the strength of our “Product”.
- In the ’90s, we sold our “Product” bundled with “Services".
- In the 2000s, we sold with a "Customer Centric” spin.
- Today, coming full circle, we're in " Relationship Centric” selling cycles.
Why not open up to a more enriched affinity? Knowing that ITAM causes heartburn for IT Directors and understanding how to relieve that pain, raises your conversation and advances your relationship beyond the toner cartridge.
When you provide a listing of IT assets alongside your print devices, your IT contact need only review one source - you - when looking to refresh assets. Map BOTH print and IT assets when performing an assessment and deepen your relationship.
Relevance -
The current battle for the office is not about capturing more ‘clicks’, it's about remaining relevant. You're not the only party struggling for the spotlight - your customers are scrambling as well. IT departments across the globe are looking for seats at the big table; they want to be part of the decision process helping guide the company.
The days of ‘pulling cable’ are long past.
How can an IT Director be a visionary, when his staff is out counting desktops and tablets? Toiling over pivot tables and Crystal reports restricts the ability to innovate and evangelize the strategic benefits of IT. When providing IT asset inventory services, we free up the most valuable resource; time. More time to dedicate to strategic, relevant, IT issues.
Revenue -
New revenue streams. Everybody wants some, I want some too.
Our unscientific studies show that for every output device, on average, there are five to ten IT assets. If you’re writing MpS engagements and performing assessments for accounts with 200 or more devices, you are walking past 2,000 revenue-generating assets.
Revenue with one cost component; no toner, shipping, service, or mileage costs.
One More Thing - Don't be a tool, use a tool.
Originally posted, October 26, 2016, at Atlas.
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