
www.kickstartall.com
Your Selling Approach: Slick, Data Dump or Trusted Advisor?
by
Ron Snyder
Have you ever observed a slick sales person tell a buyer all the reasons
to buy something before the buyer decided
if there was any reason to buy what they were selling? Have you found
it frustrating to get the information you wanted on the website of a
potential product or service provider?
You have probably noticed that some sales people and websites dump
piles of facts on the buyer while others make information
available in a manner that is organized to respond to
the buyer's thought process. In dealing with these sales people
or websites, it's almost as if they could read your mind...and
give you exactly what you wanted.
Complex Sales
The more complex the sale, product or service, the more important it
is to be a trusted advisor.
- Does the purchase involve choices that require detailed
consideration of multiple choices and price points?
- Does
the implementation or usage impact many people?
- Is
there significant risk involvedfor example, mission
critical processes and data, new technology, a new
way of doing business or concerns about technology obsolescence?
- Does
it require a long-term relationshipincluding
support, maintenance, upgrades?
Read on to learn how to become a trusted source of information and guidance.
How easily and quickly can your buyer:
- Get trustworthy information they can use to make buying
decisions?
- Select the best configuration and tailor
it to meet their needs?
- Determine that the value/ROI
is clearly beneficial to them?
- Resolve their concerns?
Aligning Buying and Selling
Synchronizing the steps of the buying and sales processes will:
- Accelerate the sales process by ensuring that every selling
activity is in step with the buyer's needs
- Improve conversion
rates between key sales milestones by having an
effective sales approach and sales tools to help
the buyer move forward
- Increase the return on marketing programs because
each deliverable supports the buying process
Today's business buyer has as many goals and pressures as you, so they
need to be able to find the information they want easily and quickly.
They are looking for a trusted advisor who will provide credible information
and guidance. To do this, you must truly understand your buyer and their
process.
How to become a Trusted Advisor?
- Understand your buyer's behavior
There are many ways to gather buyer feedbackfrom online surveys and
comment forms to interviews by third parties. You can also observe buyers
using your site and listen to them talking with your salespeople. This
will enable you to identify where your process breaks down and what type
of interaction would be most helpful to them.
- Streamline the process
Poll your most successful sales people. Chart the key milestones in
their sales processes. Using input from your buyers, fine-tune the milestones
to ensure that they are in synch with your buyers' needs. Train your
sales team to manage their process to hit these key milestones like your
superstars. Provide sales tools that help the buyer accomplish their
objectives at each step of the process.
- Adjust your interactions
Prioritize the ideas that you captured from your buyers,
top sellers and web metrics. Make changes in your sales and web interactions
to respond to the top challenges identified by your buyers. For example,
adjust your website, automated tools and the methods your sales people
useto better fit your buyer's expectations. Certain sales people
may need to modify their style to be more buyer-focused as opposed to
driving the process from their perspective and objectives. You may need
to add new online tools for direct use by buyers, while adding others
for your sales team. In addition to adding information and tools to your
site, look at the persona (the "personality" or style) of your website
and fine-tune its layout, color and tone to resonate better with your
target audience.
It will take effort and require rethinking the way you interact with
your buyers. Being a trusted advisor, like being on
top of your game, requires work every day...and it's
worth it!
Checklist of Actions that Support the Buying Process
Evaluate how well you enable your buyers to satisfy the
following buying requirements.
PROCESS
STEP |
HUMAN
INTERACTION |
WEB
INTERACTION |
Identify
Need |
Review
company information for needs
Identify problems you help them
solve
Discuss the current impact of
the problem
Show how you help achieve desired
results
Establish a compelling need
Verify ball-park dollar fit |
Post
company and product overviews
Verify potential to solve a problem
and produce desired results
List testimonials of problems
solved, results produced- by industry, role,
etc.
Provide pricing to determine
right ball park |
Select
Solution |
Show
how capabilities meet needs, decision criteria
Compare versus alternative solutions
Tailor solution to fit needs,
budget
Provide economic justification
Generate a tailored proposal |
Present
capabilities, pricing, specs to determine solution
fits their decision criteria
Provide table of comparative
offerings
Deliver self-paced or live web-based
demo re capabilities, information, usability |
Resolve
Concerns |
Clarify
and address concerns
Reach agreement |
Post
reference list by segment, role
Provide white papers, case studies,
third party validation
Deliver free trials |
Commit |
Sign
contract
Make specific implementation
suggestions |
Enable
online purchase
Provide implementation recommendations |
Produce
Results |
Deliver
user training, technical support
Provide user group meetings
Share best practices, resources
Track user results, add to reference
list |
Deliver
online help, support
Provide online user groups, forums,
best practice sharing
Post knowledge base of usage,
solutions |
Expand: Return the top and identify new needs (for upgrades
and other products) and begin the process over.
Go to www.breakthrough-inc.com for
more information.
About the Author
For the past 16 years, Ron Snyder has run the business and delivered
consulting services to technology-based companies, especially software
and medical capital equipment companies, enabling them to improve and
align their sales and marketing processes and skills to accelerate sales
performance.
Ron has worked with executives, managers and teams to create shared
strategic direction, implement strategic initiatives
and make critical transitions (i.e. realigning organizations, entering
new markets, implementing new business models and sales and marketing
methods). These companies include rapidly-growing companies such as NetSuite,
Exodus Communications, Adobe and Macromedia and large, established companies
such as Hewlett-Packard, Synopsys, Cisco Systems, Agilent Technologies,
Siemens and Philips.