sales transformation - five steps to growth

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Page 1: Sales Transformation - Five Steps to Growth
Page 2: Sales Transformation - Five Steps to Growth

A Cloud Sales Toolkit

Page 3: Sales Transformation - Five Steps to Growth

“Fire your sales force”

Page 4: Sales Transformation - Five Steps to Growth

The old Golden Rule in Sales was:

Find out what your customers

want, and give it to them.

Page 5: Sales Transformation - Five Steps to Growth

Give your customers the ability to

do what they can’t currently do

but would want to if they only

knew it was possible.

The new Golden Rule in Sales is:

Page 6: Sales Transformation - Five Steps to Growth

Capture their imaginations

Page 7: Sales Transformation - Five Steps to Growth

“Reasons lead to conclusions.

Emotions lead to actions.”- Saatchi & Saatchi

Page 8: Sales Transformation - Five Steps to Growth

8

DecisionDrivers

Page 9: Sales Transformation - Five Steps to Growth

Horizon 10 - 6 months

Horizon 26 - 12 months

Horizon 312 - 36 months

Selling at 3 Time Horizons

Closing Current

Opportunities:

• Winning Deals

• Pitching to Win

• ClosingBuilding Tomorrow’s

Business:

• Industry trends

• Industry competitive

challenges

• Collaborative strategy

Building the Pipeline:

• Solutions to Customer

business challenges

• Value Propositions

• Account Sales Plan

Page 10: Sales Transformation - Five Steps to Growth

Get it right

Page 11: Sales Transformation - Five Steps to Growth

Get it wrong

Page 12: Sales Transformation - Five Steps to Growth

The status quo is not a growth strategy

Page 13: Sales Transformation - Five Steps to Growth

Disruptive Opportunity Matrix

ExtendWhiteSpace

Defend ExtendCurrent

New

Current New

Source: Create Marketplace Disruption by Adam Hartung, Pearson Education, Inc. 2009

Products

Customers

Page 14: Sales Transformation - Five Steps to Growth

Strategic choices

Page 15: Sales Transformation - Five Steps to Growth

Destination Thinking

Page 16: Sales Transformation - Five Steps to Growth

Compete for the future, not just

the present

Page 17: Sales Transformation - Five Steps to Growth

“Today’s customers are online

explorers, seeking out online ratings,

peer reviews, videos and in-depth

product details as they move through

the buying decision process.”

Page 18: Sales Transformation - Five Steps to Growth

Move to tomorrow’s battleground

Page 19: Sales Transformation - Five Steps to Growth

Ride the next wave

Page 20: Sales Transformation - Five Steps to Growth

Old dog, new tricks

VP of GrowthVP of Sales

Page 21: Sales Transformation - Five Steps to Growth

Rethink the sales funnel

Page 22: Sales Transformation - Five Steps to Growth

Radically rethink the sales funnel

Page 23: Sales Transformation - Five Steps to Growth

23

Focus on Selling Above the Funnel

• Prospection

• Qualifying

• Needs

• Proposal

• Negotiation

• Close

Demand

Creation

Demand

Capture

• Market identification

• Requirements analysis

• Demand creating

• Lead Generation and

Management

• Engagement

The Sales Toolkit

Q1 Q2 Q3 Q4 Q1

Demand Generation Campaigns

Page 24: Sales Transformation - Five Steps to Growth

Create Systems of Engagement1

Selling Business Outcomes2

Differentiate or Die3

Help your customers to join the dots4

Page 25: Sales Transformation - Five Steps to Growth

57%

Page 26: Sales Transformation - Five Steps to Growth

“Customers are completing

57% of a buying cycle before

ever coming into contact with

a sales rep.”

- A CEB study of more than 1,400 customers

Page 27: Sales Transformation - Five Steps to Growth

Interruption Marketing:

Targeting Audiences with

messages through channels

to drive transactions

The OLD World

Engagement Marketing:

Engaging communities

with shared purpose

through experiences to

sustain relationships

The NEW World

Page 28: Sales Transformation - Five Steps to Growth

Sales Transformation

Old Sales Model New Sales Model

Page 29: Sales Transformation - Five Steps to Growth

Systems of Engagement

Page 30: Sales Transformation - Five Steps to Growth

source: www.corporatevisions.com

Why Systems of Engagement?

Page 31: Sales Transformation - Five Steps to Growth

source: www.corporatevisions.com

1 32• Challenge them

• Destabilise them

• Challenge the status quo

• Get them out of comfort zone

• Take them to the negative

future

• Sell your insights

• Provide evidence

• Cost justify

• Lead them through the

process

• Take them to the beach

• Sell your insights

• Sell your experience

• Take them to the negative

future

• Create a sense of urgency

• Monetise the cost of delay

• Take them to the beach

• Guide them to take action

• Take the order

Why Systems of Engagement?

Page 32: Sales Transformation - Five Steps to Growth

Create Systems of Engagement1

Selling Business Outcomes2

Differentiate or Die3

Help your customers to join the dots4

Page 33: Sales Transformation - Five Steps to Growth

Product

Place

Price

Promotion

4P's

Solution

Access

Value

Education

SAVE

Page 34: Sales Transformation - Five Steps to Growth

Educate

Page 35: Sales Transformation - Five Steps to Growth

Inspire

Page 36: Sales Transformation - Five Steps to Growth

Create a sense of urgency

Page 37: Sales Transformation - Five Steps to Growth

Game Changer

Purchase

before Adoption

Adoption

before Purchase

Access Assets

Page 38: Sales Transformation - Five Steps to Growth

Sales Transformation = Selling Business Outcomes

OLD NEWThe IT Buyer The Business Buyer

Selling into CapEx Budgets Selling into OpEx Budgets

Technical Expertise Business Expertise

Geographic Sales Territories Vertical Industry Territories

Selling Features Selling Results

Fixed-Price Contracts Outcome-Based Contracts

Demonstrating Features Business Process Discussions

Your Complexity and

Underlying Architecture

Your Consumption Model

and Service Capability

Maintenance Contracts "Apps Mindset"

Face2Face Sales Skills Social Media Knowledge

Source: Consumption Economics: The New Rules of Tech by J. B. Wood, Todd Hewlin and Thomas Lah, 2011

Page 39: Sales Transformation - Five Steps to Growth

Create Systems of Engagement1

Selling Business Outcomes2

Differentiate or Die3

Help your customers to join the dots4

Page 40: Sales Transformation - Five Steps to Growth

http://tabernaclefortoday.files.wordpress.com/2012/03/cart_before_the_horse.jpg

Cart before the horse

Page 41: Sales Transformation - Five Steps to Growth

Build a better mouse trap

www.flickr.com/photos/clementlivolsi/4596430458

Page 42: Sales Transformation - Five Steps to Growth

“If I had asked people whatthey wanted, they wouldhave said faster horses.”

- Henry Ford

1863 - 1947

Page 43: Sales Transformation - Five Steps to Growth

3 levels of clarity

Page 44: Sales Transformation - Five Steps to Growth

Basic Product/Service:• Technology• Price performance• Product quality

E2E Customer Experience:• People• Perceived value• High touch• Exceed customer expectations• Delight and astound customers

12 Support Services

3E2E

Customer Experience

Differentiation: 3 Levels of Perceived Value

BasicProduct/Service

Support Services:• Levels of support• Quality of service• Systems• Processes

Your Cloud Services

Page 45: Sales Transformation - Five Steps to Growth

Price vs Value

Products ServicesExperienceCustomer

Page 46: Sales Transformation - Five Steps to Growth

Competitive separation

Page 47: Sales Transformation - Five Steps to Growth

Create Systems of Engagement1

Selling Business Outcomes2

Differentiate or Die3

Help your customers to join the dots4

Page 48: Sales Transformation - Five Steps to Growth

The problem is that customers don’t buy

the way we sell

Page 49: Sales Transformation - Five Steps to Growth

The Buying Decision Process

Page 50: Sales Transformation - Five Steps to Growth
Page 51: Sales Transformation - Five Steps to Growth

Search

Find

Qualify

Try

Buy

Activate

Manage

Up-sell

Support

Refer

The Customer Adoption Cycle

Page 52: Sales Transformation - Five Steps to Growth

1. Create Systems of Engagement

2. Selling Business Outcomes

3. Differentiate or Die

4. Help customers to join the dots

Quick Review:

4Ps -> S A V E, Assets vs Access

Differentiation: 3 Levels of Perceived Value

Align all Sales & Marketing actions

Demand Generation Campaigns

Competing to remain relevant to tomorrow’s customers

Page 53: Sales Transformation - Five Steps to Growth

Get it right

Page 54: Sales Transformation - Five Steps to Growth

www.flickr.com/photos/horacio/3781750

David R Ednie

President & CEO

SalesChannel Europe

Ph: +33 676 60 09 25 (FRA)

Email: [email protected]

Website: www.saleschannel-europe.com