data.com connect presents: steve andersen & craig jones - how top performers win the battle for...
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How Top Performers Win the Battle for the Customer
Steve Andersen / President and FounderCraig Jones / Managing Partner
April 19, 2017
© 2017 Performance Methods, Inc. Proprietary and Confidential 3
Webinar Objectives
• Discuss our findings from Beyond the Sales Process: 12 Proven Strategies for a Customer-Driven World.
• Explain how top performing salespeople and account managers are winning the battle for the customer.
• Describe how they are applying the Engage/Win/Grow™ model to capture customer mindshare and preference.
• Reveal the elusive factor that is the most consistent customer driver in successful sales “plans to win.”
• Explore proven approaches for how you can engage differently in 2017 with your customers and drive mutual success… before, during and after the sale!
© 2017 Performance Methods, Inc. Proprietary and Confidential 4
About Beyond the Sales Process
• Influence: Top Performing Salespeople!• Evidence-Based: How They Go Beyond
the Sales Process• Provides an Implementable Approach to
Sustained Sales Success w/Customers: Engage/Win/Grow™
• Detailed Case-Studies− World-Class Companies− Leadership, Management, Sales− Real Customers
• Industries Represented− Banking− Chemicals− CPG− Electronics− Food− Healthcare
− Hospitality− Insurance− Manufacturing− Pharmaceutical− Technology− Workforce Solutions
© 2017 Performance Methods, Inc. Proprietary and Confidential 5
Why Beyond the Sales Process?
• Today’s Selling Environment Is Tough− Buyers are more educated and have more choices than ever
• Buyers Are Under More Stress and Pressure Than Ever− To deliver value to their organizations on time and on budget
• Post-2008, Procurement Has Become More Empowered− Sometimes they behave as if their primary function is to devalue the seller
• Winning on Product Is Getting More and More Difficult− It’s almost impossible to maintain product superiority
• By the Time the RFP Arrives, Many Buying Decisions Have Been Made− And even when they haven’t, they’re almost always tilting
• Yet What Still Matters Most to Your Customers Is Their Own Success− But to help them get there, you’ll have to go Beyond the Sales Process
© 2017 Performance Methods, Inc. Proprietary and Confidential 6
Winning the Battle for the Customer
Individual?
Individual?
Company?
Please select a Customer that you consider to be critical to your success in 2017.
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Winning the Battle for the Customer
50% 1000 hours
25% 500 hours
10% 200 hours
5% 100 hours
2% 40 hours
1% 20 hours
How much of this Individual Customer’s annual working time will they spend actually buying something from you?
© 2017 Performance Methods, Inc. Proprietary and Confidential 8
Winning the Battle for the Customer
Participant PollReflecting on this customer/individual that you consider to be critical to your
sales success in 2017, how much of their working time this year will they spend actually buying something from you?
a) 25% 500 hoursb) 10% 200 hoursc) 5% 100 hoursd) 2% 40 hourse) 1% 20 hours
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When and Where Does the Battle Begin?
Before the Sale1. Research the Organization2. Explore the Possibilities3. Vision the Success4. Elevate the Conversation
During the Sale5. Discover the Drivers6. Align the Teams7. Position the Fit8. Differentiate the Value
After the Sale9. Realize the Value
10. Validate the Impact 11. Adapt the Approach 12. Expand the Relationship
Beyond The Sales Process12 Proven Strategies for a Customer-Driven World
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Strategy 1: Research the Organization Becoming a Student of Your Customer
Winning the Battle…Before the Sale
• Their organization
• Their news and developments
• Their company culture
• Their industry
• Their drivers, objectives and challenges
• Their value proposition
• Their customers
• Their partners
• Their competitors
• Their buying and decision-making processes
• Their people
• Their history with you
How Much Do You Know about Your Customer’s Business (vs. How They Use Your Products)?
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Winning the Battle…Before the Sale
• Their organization
• Their news and developments
• Their company culture
• Their industry
• Their drivers, objectives and challenges
• Their value proposition
• Their customers
• Their partners
• Their competitors
• Their buying and decision-making processes
• Their people
• Their history with you
Why Should Your Customer Want to Engage with You (rather than one of your competitors)?
Strategy 2: Explore the Possibilities Giving Your Customer a Reason to Engage
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Strategies 1 and 2: Research and Explore Giving Your Customer a Reason to Engage
The #1 reason reported by sales executives for salespeople not hitting quota is their inability to connect their offerings with the business issues
of their customers.SiriusDecisions: The #1 reason for past 5 years!
.
Winning the Battle…Before the Sale
Discussion QuestionWith all of the focus that has been placed on sales training, selling solutions and going “beyond the product” over the years…why is this still such a significant issue for so many
sales professionals?
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Winning the Battle…Before the Sale
Top 6 Areas for Visioning Customer Success
Accelerating Growth
Creating Value for the Customer’s Customers
DrivingInnovation
Increasing the Loyalty of Their Customers
Gaining Competitive Advantage
Reducing Their Operating Costs
Strategy 3: Vision the Success Visualizing Future Potential Value w/ Your Customer
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Strategy 4: Elevate the Conversation Defining and Pursuing Customer Value Targets
What Your Customer Needs to Do?
Why This Matters…to Your Customer and to You?
How You Will Help Them Do It?
Customer Value Target
Winning the Battle…Before the Sale
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Strategies 3 and 4: Vision and Elevate Defining and Pursuing Customer Value Targets
When you engage in a way that is focused on your value to your customer (rather than their value to you), the customer will be willing, perhaps even eager, to advance their dialogue with you and
collaborate to develop value targets.
Winning the Battle…Before the Sale
Discussion QuestionHow can you justify this approach with the time
pressures that most salespeople find themselves working under in today’s environment?
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Winning the Battle for the Customer
Before the Sale1. Research the Organization2. Explore the Possibilities3. Vision the Success4. Elevate the Conversation
During the Sale5. Discover the Drivers6. Align the Teams7. Position the Fit8. Differentiate the Value
After the Sale9. Realize the Value
10. Validate the Impact 11. Adapt the Approach 12. Expand the Relationship
Beyond The Sales Process12 Proven Strategies for a Customer-Driven World
© 2017 Performance Methods, Inc. Proprietary and Confidential 17
Winning the Battle…During the Sale
Strategy 5: Discover the Drivers Understanding What’s at Stake for Your Customer
ACTIONABLEAWARENESS
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Winning the Battle…During the Sale
Strategy 5: Discover the Drivers Understanding What’s at Stake for Your Customer
Customer’s External Drivers
Customer’s Internal Challenges
Customer’s Business Objectives
What are the external drivers and pressures that are impacting your Customer’s business?
What is your Customer doing to address these external drivers and pressures?
What could prevent your Customer from meeting and exceeding their business objectives?
Discovering What Matters Most to Your Customer Relative to This Opportunity (and Gaining Actionable Awareness!)
© 2017 Performance Methods, Inc. Proprietary and Confidential 19
Winning the Battle…During the Sale
Strategy 5: Discover the Drivers Understanding What’s at Stake for Your Customer
Congratulations – you’ve developed a new opportunity!
“Discovery allows us to demonstrate our credibility, knowledge, and commercial bandwidth…frontline sales
professionals who are able to manage this stage well are better able to upgrade their status from a ‘me also’
supplier to an ‘only me’ supplier.”
(Jonathan Farrington / CEO of Top Sales World)
Discussion QuestionIf you could only ask 3 or 4 discovery questions of the
customer to begin to position yourself to win the “Battle for the Customer,” what would they be?
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Customer Must Do
Business with Us
Customer Needs to Do
Business with Us
Customer Wants to Do
Business with Us
CustomerDoes
Business with Us
VendorStatus
Preferred SupplierStatus
Planning PartnerStatus
Trusted AdvisorStatus
“Strategic”
“Proactive”
“Tactical”
“Reactive”
“Essential”
“Necessary”
“Important”
“Convenient”
Strategy 6: Align the Teams Developing Customer Sponsors and Supporters
Winning the Battle…During the Sale
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Winning the Battle for the Customer
Poll #2Reflecting on your selected
customer, how would you assess the status of your organization’s relationship with this account – looking at the situation through
the eyes of the customer?
a) Trusted Advisor
b) Planning Partner
c) Preferred Supplier
d) Vendor
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In today’s challenging business environment, most customers are stressed, pressed for results, and under
duress to make things happen within their organizations.
If discovery is the key that unlocks the door to customer value creation, then it’s your alignment with the customer
that swings it wide open.
Winning the Battle…During the Sale
Discussion QuestionWhy does aligning teams (your team with the customer’s team) seem to be such a significant issue for so many organizations, and what does this have to do with winning the
“Battle for the Customer?”
Strategy 6: Align the Teams Developing Customer Sponsors and Supporters
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• Your effective discovery and alignment, as well as your engagement before the sale, provides the foundation for effective positioning during the sale
• Core components of solution positioning:
Winning the Battle…During the Sale
Strategy 7: Position the Fit Competing for Customer Mindshare
Positioning Is All about the Battle for Customer Mindshare!
Products
Brand/ Reputation
Customer Experience
ServicesExpertise
Resources
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Winning the Battle for the Customer
Poll #3Reflecting again on your selected customer, which of the 5 selected components have you found to be most in effective in positioning and differentiating the value that your
organization provides?a) Your Resources
b) Your Expertise
c) Your Service Levels
d) Your Experience with Comparable Customers
e) Your Brand and Reputation
Products
Brand/ Reputation
Customer Experience
Services
Expertise
Resources
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“Some salespeople get off to a solid start, gaining knowledge and building relationships they didn’t have, only to find
themselves counter-positioned, out-positioned, mis-positioned, or not positioned at all because they failed to have a deliberate strategy for entering the mind of the customer. Then, when they realize they are where they are, it’s too late because someone
else is now occupying that space.”
Geoffrey James, Contributing Editor at Inc. Magazine
Winning the Battle…During the Sale
Discussion QuestionWhat can we do to ensure that we don’t find ourselves in
the position Geoffrey James describes so articulately above, in the “Battle for the Customer?”
Strategy 7: Position the Fit Competing for Customer Mindshare
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Your Customer’s Drivers
Your Customer’s Objectives
Your Customer’s Challenges
Your Solutions
Your Advantages
Your Successes
Your Unique Value
Winning the Battle…During the Sale
Strategy 8: Differentiate the Value Creating a Customer Preference (for You)
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Planning to win is about helping your customer see greater value in what you have to offer. You might think of this as your value edge, the difference between the value you propose to deliver to your customer and what your competitor proposes. When there’s no value edge, there’s no differentiation because
your customer doesn’t see a difference. Relationships don’t matter. Preference is not a concern. Pick one solution or
another; it’s all the same. And if you don’t have a value edge, you better brace for impact: you’re planning to lose.
Winning the Battle…During the Sale
Strategy 8: Differentiate the Value Creating a Customer Preference (for You)
Discussion QuestionWhat can we do to ensure that we don’t get surprised and keep
a realistic perspective on how well we’re doing in the “Battle for the Customer?”
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Winning the Battle…During the Sale
Strategy 8: Differentiate the Value Creating a Customer Preference (for You)Testing Your Effectiveness
1. Are you better positioned with your customer’s approvers, decision makers, recommenders, and influencers than your competition is?
2. Does your customer believe that you offer a stronger solution fit than your competitors?
3. Have you provided your customer with proof of your ability to create and co-create measurable business value?
4. Have you developed and validated your customer-specific value proposition with your customer?
5. Are your customer sponsors and supporters able to articulate your unique value within their organization?
6. Does your customer’s vision of success and meeting their objectives align with your value/unique value?
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When and Where Does the Battle End?
Before the Sale1. Research the Organization2. Explore the Possibilities3. Vision the Success4. Elevate the Conversation
During the Sale5. Discover the Drivers6. Align the Teams7. Position the Fit8. Differentiate the Value
After the Sale9. Realize the Value
10. Validate the Impact 11. Adapt the Approach 12. Expand the Relationship
Beyond The Sales Process12 Proven Strategies for a Customer-Driven World
How Top Performers Win the Battle for the Customer
End of WebinarQuestions and Open Discussion www.performancemethods.com