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.

