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Introducing Your New Sales Assistant: "Perfect Pitch"

(You Can Keep the Commission)

January 3, 2011 – Sales teams at magazines draw on many sources, often in a panic, to research and write their sales pitches. But what if a computer algorithm could save them the trouble? Today, MagazineRadar announces the launch of Perfect Pitch, an innovative web service that uses information on a brand to outline a sales pitch customized to the user’s magazine.

Users of the product enter the name of a brand to find out when to pitch, what to offer, and even how much to charge. The pitch is based on the brand’s buying patterns over a given time period, allowing users to build a case for advertising that’s buttressed by competitive data.

The approach of Perfect Pitch comes from years of running focus groups with sales executives at magazines. In its research, MagazineRadar asked them what kinds of data they wanted at their fingertips. “The idea here was to anticipate objections,” says Todd Krizelman, CEO of the company. For example, Perfect Pitch tells users the brand’s average positioning, meaning how near the front of the magazine its ads usually appear. Knowing average positioning allows sales reps to offer something better.

Will Perfect Pitch make sales reps obsolete?

Krizelman doesn’t think so. “The point is to save people time,” he said, adding, “You still have to do the selling.”

Perfect Pitch comes free with a subscription to MagazineRadar.

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