Category: Sales Messaging

FRESH FROM THE FRONT-LINES:  PART 1

You know how difficult it is today to secure funding for new six figure initiatives.  There was a time when sales and marketing organizations could count on having a budget available every year to invest in developing their teams.  They enjoyed having the autonomy to use their budget when and how they decided was best.  Not today.  Even if they have budgets available, marketing and sales executives still face tons of scrutiny from their CFO and peers on just about every line item of expense and investments they make.   With this in mind, I plan to share some stories fresh from the front lines about executives who are making decisions to invest in sales enablement and talk about why those investment decisions are getting approved – even in today’s brutal world of tight budgets. 

One of our recent clients is a West Coast software company with a global team of 325 employees and $85 million in revenue.  Their marketing and sales management teams, all relatively new in their roles, are engaged in competitive battles on multiple fronts.  Their top competitor is the big elephant in their market space with 60% market share.  Their market share has shrunk to just 15%.  At the same time, they are battling with an emerging threat at the low end of their market – Google.  Taking a page from Microsoft’s playbook, Google is trying to rapidly commoditize our client’s products by offering their own version of a similar product for FREE. 

 With this kind of competitive muscle coming from both the high end and the low end, our client had some tough strategy decisions to make.  Their decision?  CHANGE THE GAME.  With a major new release of their core software platform ready to be released, their standard operating procedure was to bring the sales force together and listen to product gurus rave about all the new functionality.  This time, however, they boldly decided to take a different direction.  Working closely with their DSG consultants, the leadership team chose to transform the way they positioned their company and their customer value proposition.  They understood this could not be accomplished by a slick ad campaign.  The battle would be won or lost one customer conversation at a time.  A new, compelling message had to be created that would differentiate the company’svalue proposition from fierce competitors, and the inside and outside sales teams had to be trained to deliver it confidently and flawlessly.  To survive, the sales team had to learn how to morph from selling software to IT buyers to selling marketing intelligence to executives in the marketing suite.  This meant not only delivering a new business value message to a new customer audience but the necessity to re-evaluate their legacy of dependence on a Powerpoint deck to impress their prospects (more on the selected alternative in the future). 

 All of this was not happening in a vacuum in terms of their CEO’s awareness and involvement.  A decision to change the fundamental corporate identity, customer value proposition, and approach to delivering the message was not without considerable business and personal risk for the CEO.  With the competitive pressure from both the high end and low end of their market space threatening the company’s future growth and profitability, the executive team’s decision was unanimous to move forward with a customer messaging initiative.  With everything at stake, the decision to invest in hiring an organization experienced in transforming the customer conversation was easily justified. 

 More will follow in future blog postings about the approach this client and DSG have taken to successfully implement this customer messaging and sales enablement initiative to ensure early momentum and sustainable change.

Effective business plan development and execution is at the core of every successful business.  Does your team have plans in place that will ensure you meet your Company goals and objectives?

Can you answer “yes” to each of the following eight questions?

  1. Has your Company developed a comprehensive strategic plan that involves all business and support groups?
  2. Were your best and brightest employees from every department of your organization involved in the planning process?
  3. Does everyone in your organization (at all levels) understand their role in achieving the goals laid out in the plan?
  4. Does each of your employees have a plan that includes SMART (specific, measurable, attainable, realistic and timed) goals, objectives and activities?  A plan that they have developed and have made a personal commitment to achieve?
  5. Do you require your employees to give a minimum of two progress reports to their respective manager during the course of the year?
  6. Are your employees held accountable for achieving their goals and objectives each year?
  7. Has the employee’s performance been tied directly to their annual performance review?
  8. Are there consequences for an employee who does not achieve your stated goals and objectives?

If you can’t answer yes to each of these questions – there is an excellent chance that your organization is either not meeting their goals and objectives for the year or not performing at their highest potential.

I recently went through 101 Things I Learned in Business School, a new hardcover business bestseller by Michael W. Preis and Matthew Frederick.  It’s an easy and interesting read, with 101 single-page notes ranging from definitions (A stock indicates ownership; a bond is an I.O.U.) to tips (A manager usually should have no more than six to eight workers reporting to him or her) to pithy quotes (Not to decide is to decide, by Harvey Cox).

The authors say their book ‘seeks to present lessons in the areas of business that are most likely to be useful to you.’  But, if the often-quoted maxim (nothing happens until somebody sells something) is true, then why is it that none of these supposedly 101 top lessons directly addresses how to sell something?

To be fair, the book covers several lessons that relate to marketing, benefit-oriented selling and sales management, including:

  • Targeting the safe middle market is not necessarily a safe marketing strategy (#29)
  • A business buys a copy machine because it needs copies, not because it wants a copy machine (#52)
  • Customers do not buy a product or service the same way or for the same reason (#53)
  • A feature is a fact. A benefit is how it helps the customer (#54)
  • Promoting the best performer to manager is often a mistake (#67)
  • The real purpose of a visual presentation is to get people to listen, not look (#94)

I wouldn’t argue any of these points – we draw upon them, and many others, in our practice – but I am struck by the fact that exactly zero of the 101 lessons covers how to sell.

Perhaps this is due more to myopia on the part of most business schools than to an oversight by the authors.  For example, I am a graduate of one of the world’s highest-ranked MBA programs – but professional selling was not part of the curriculum.  As a former university professor, I can also report that (unfortunately) few schools even offer a professional selling track or minor.

Do you believe that there are specific things to learn and share about selling?  If so, what do you think they are?

In our sales messaging practice, we frequently find ourselves helping clients take technical solution capabilities and translate them into business-level conversations.

Essentially we work with salespeople and teams, turning techno-speak into a brief, benefit-oriented and engaging talk track for a less technically oriented executive prospect.

Techno-speak is an easy trap, and not one limited to companies selling complex solutions. In the May 21, 2010 edition of the Chronicle of Higher Education the author Dennis Meredith explains in an interesting way the failure of scientists to persuade the American public on key issues. Meredith writes that science suffers from its lack of a “culture of explanation,” preferring to remain comfortable in small silos surrounded by jargon. One of the unfortunate effects, according to Meredith, is that scientists “miss even the simplest and most obvious opportunities to advance the scientific point of view in the public mind.” You and I might call those obvious opportunities an elevator pitch or two-minute drill.

Too many technical experts also fail to adjust their messages, even slightly, according to the audience. Meredith writes, “Rather than tailoring their arguments to their audiences, they tend to believe that merely presenting the facts of their work will lead audiences to see the light.”

I believe many companies selling complex technical solutions can learn from the mistakes of these university scientists. 

We find that, with executive-level prospects, engagement in an interactive discussion is far more effective than feature-laden demonstrations or attempts at “educating the buyer.”

Is there a culture of explanation in your company, including both the sales team and subject matter experts?

People make up their minds about a lot of things within 60 seconds. Research across a variety of disciplines shows that professionals make quick judgments about interest and acceptability, even for important decisions such as hiring and big-ticket investments.

And yet…we have seen countless examples in our practice of sales presentations that fail to engage prospects properly during that all-important start.

How many sales decks out there begin with slides featuring the selling company’s headquarters building, its history, its executive team and/or mission statement? If your company hopes to win through solution selling, then it is a far better practice to engage your prospect in a solution-oriented conversation from the very beginning.

We often help clients break out of “stumbling out of the blocks” selling habits by:

(1) Moving the discussion about the seller. If you need to establish credentials and credibility, it’s better to send a brief and focused background description a few days in advance of the meeting.

(2) Creating with the client a customized, solution-oriented “provocation” that jump-starts an executive conversation far more effectively.

Are your team’s sales conversations getting off track during the first minute of action?

I might have chosen slightly different words, but…anyone involved in sales leadership has to appreciate this result and this passion!

Just last month, my DSG colleagues and I received an email from a client’s sales leader with the subject line “FW: Whiteboard Kicks A**” (he actually spelled out the final word, but I wanted to make this a PG-13 post).

Our enthusiastic client was passing along feedback from a conference presentation which centered on a new whiteboard we had developed with the sales team. The client executive who used the whiteboard wrote, “Presented a bit skinnied version of the whiteboard to between 60-70 folks…people were floored by the presentation and the way it spoke to their business. The most interesting thing is there were grad students all the way up to CEOs of companies and they all got the message…absolute proof this applies in all circumstances.”

We typically use whiteboard development as a key part of sales-messaging engagements for two big reasons. The first is because the tool itself, once developed and tested, enables the right type of interactive business-level conversation (from one-on-one with an executive to a room full of professionals). The second reason is that the process of developing an excellent whiteboard forces the sales team to condense its value proposition and get away from product demos.

And that really kicks.

Several years ago we were engaged by the senior sales executive of a high growth supply chain software company. His company was transitioning to a new portfolio of products and a sales strategy focused on executive buyers. Marketing had created messaging for this strategy, but the sales team was not converting the messaging into successful executive meetings and targeted sales results.

The sales executive decided to join customer meetings to see what was really happening in the field. What he found was a team whose only messaging consistency was no consistency at all. Most salespeople were making up their messages and presentations on the fly. Given the company’s legacy, it was not too surprising that the messaging was still product-oriented and not appropriate for solution-oriented conversation with customer executives.

The sales executive realized he had to find a way to ensure key sales messages were consistently communicated by the organization. A key element of his solution was the development of sales-oriented messaging tools that his top sales performers developed in collaboration with marketing. Due to the direct involvement of top-performing salespeople in creating and validating practical sales messaging tools, the broader sales team ultimately embraced the new messaging.

Are your sales people delivering consistent, compelling messages in customer conversations?

The question was straightforward and profound: “How should we leverage our partners so that they can be an off balance sheet sales force?”

That’s the question a client recently asked as they looked to drive sales on limited resources in a down economy.(Sound familiar?) The client had been regularly offering combined solutions with partners, but the results weren’t hitting expectations.

The key was creating simple, powerful sales tools that would help the partner’s sales teams turn good intentions into consistently good results.

These tools had three important characteristics: (1) repeatability; (2) customer orientation; and (3) usefulness across a variety of sales conversations. Some of the specific tools included elevator pitches (also called 2-minute drills), buyer profiles (to help sales people understand the key business problems of particular audiences), solution summaries (matching joint solutions to business problems), and a whiteboard conversation process (a key tool that enabled the joint sales teams to carry on dynamic conversations rather than static presentations). These tools were combined in a guidebook that both sales forces could easily refer to just before a sales call.

With improved tools to enable partner sales teams, our client was able to effectively add a whole new sales force – without having to hire a single person.

Do you have strategic partners who could likewise become off balance sheet sales teams?

Sales messaging is a word thrown around a lot these days and like any other term its usage defines it. But that said, we believe sales messaging is at its core something really simple – the conversations between salespeople and customers. When salespeople meet with customers they are presenting your company, they are explaining what you do and how you do it, and they are doing that on more levels than just the words they say.

Are your salespeople talking to someone in the front office or the corner office?

Do your salespeople serve your customers as a good product rep or do they provide insight and develop a solution to a business problem?

Do your salespeople lead conversations or give presentations?

Do your salespeople listen actively?

Are your salespeople comfortable with improvisation?

The answers to these questions say something important about your sales messaging. Unlike “messaging” (the ideas, concepts, capabilities, positioning a company tries to present to the marketplace), sales messaging converts strategy and messaging into something salespeople will actually say in a customer meeting.

The chances are good that you have a well-understood selling process. Most companies do, and they’ve invested a lot of time effort developing it and training salespeople around it. But in all the flurry of activity around their selling many companies unfortunately forget one thing – their customers.

How do our customers buy? Isn’t that the fundamental question to address before we decide how best to sell to them?

Sales and messaging need to match our key customers’ buying process. Although that makes intuitive sense, we still see companies failing to recognize how customers buy — and as a result they fail to develop healthy pipelines or close more business.

One recent client is a perfect example. The company made a strategic acquisition that allowed them to offer a unique combination of solutions. But after months of selling and a great deal of money they had little to show for their efforts. Understandably they were getting nervous and engaged with DSG for help.

We began by taking a look at how sales people were actually behaving in the field. The reason for the lackluster sales soon became apparent. The sales team simply had no understanding of their customer’s buying process. They would begin to engage with a customer at one stage, then (lacking understanding, patience or confidence) prematurely jump past several stages to begin talking about terms of service. Their customers were still in the earlier stages of the buying process and were not ready to discuss the details of terms of service. The result was predictable; prospective customers simply disengaged from their buying process.

Once this client began adapting their sales process to their customer’s buying process their pipeline began to fill and more deals are being closed on a consistent basis.

Understanding your customer’s buying process should be the most important aspect of your own sales process, as well as the kinds of selling tools and collateral that marketing creates to enable sales.

How does your sales process compare to your customer’s buying process? What about your sales tools and collateral? Do they address key decision makers at every stage of the process?

I’d be happy to talk about this model, its implications and how we have seen it drive success for sales teams in a number of verticals. It is a game-changer.

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