battling the 57%

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Research that suggests some buyers are up to 57% of the way through their buying process before they're willing to engage with a salesperson. Is that true for your buyers? How can you know? Learn how to engage with your customers long before they reach the 57% point, and how to turn things to your advantage after the 57% point to increase your win rate.

TRANSCRIPT

Battling the or

57%

Sales People Still Matter

© The TAS Group 2014

Donal Daly CEO

Maureen Blandford Vice President Marketing

© The TAS Group 2014

The Customer Buying Process

Customer Diligence

Begins Customer Purchases

Source: CEB

57% Customer Engages Supplier

© The TAS Group 2014

How far through the buying process are your buyers when they engage with you? •  0% •  10% •  25% •  50% •  75%

© The TAS Group 2014

The Customer Buying Process

Customer Diligence

Begins Customer Purchases

Source: CEB

of the purchase decision is complete before a customer even calls a supplier.

57% Customer Engages Supplier

© The TAS Group 2014

The Customer Buying Process

Customer Diligence

Begins Customer Purchases

Source: CEB

of the purchase decision is complete before a customer even calls a supplier.

57%

On Average.

Customer Engages Supplier

© The TAS Group 2014

BUYERS

BUY DIFFERENT THINGS

© The TAS Group 2014

Not all purchases are the same

Intellectual Property

Cos

t

© The TAS Group 2014

Not all purchases are the same

Frequency

Risk

Intellectual Property

Cos

t

© The TAS Group 2014

Not all purchases are the same

Frequency

Risk

Intellectual Property

Cos

t

Utilities (example)

Business Process

Infrastructure (example)

Office Equipment

(example)

Personal Productivity

Tools (example)

© The TAS Group 2014

Not all purchases are the same

Frequency

Risk

Intellectual Property

Cos

t

Utilities (example)

Business Process

Infrastructure (example)

Personal Productivity

Tools (example)

Office Equipment

(example)

57% Problem Area

The

© The TAS Group 2014

Not all purchases are the same

Frequency

Risk

Intellectual Property

Cos

t

Utilities (example)

Business Process

Infrastructure (example)

Personal Productivity

Tools (example)

Office Equipment

(example)

Might not be that big

© The TAS Group 2014

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Micro Mini Mid Large Mega

Buyer:Seller Role by Impact/Size

Buyer Driven

© The TAS Group 2014

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Micro Mini Mid Large Mega

Buyer:Seller Role by Impact/Size

Buyer Driven

Seller Driven

© The TAS Group 2014

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Micro Mini Mid Large Mega

Area of Value Creation

Area of Value Creation

Buyer Driven

Seller Driven

© The TAS Group 2014

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Micro Mini Mid Large Mega

Area of Value Creation

Area of Value Creation

Buyer Driven

Seller Driven

The seller’s job is not to Communicate Value … the internet does that Progressive sellers will

Create Value

© The TAS Group 2014

The Customer Buying Process Source: CEB

Customer Diligence

Begins Customer Purchases

57% Customer Engages Supplier

© The TAS Group 2014

Awareness Interest Preference Action

The Sales & Marketing Continuum ac

tivity

time

Marketing

Sales

Source: CEB

© The TAS Group 2014

Awareness Interest Preference Action

The Sales & Marketing Continuum ac

tivity

time

Marketing

Sales

Customer Diligence

Begins Customer Purchases

57% Customer Engages Supplier

© The TAS Group 2014

Awareness Interest Preference Action

The Sales & Marketing Continuum ac

tivity

time

Marketing

Sales

Customer Diligence

Begins Customer Purchases

57% Customer Engages Supplier ?

© The TAS Group 2014

Awareness Interest Preference Action

Before or After? ac

tivity

time

Marketing

Sales

Customer Diligence

Begins Customer Purchases

Customer Engages Supplier

Source: CEB

BEFORE AFTER

© The TAS Group 2014

Awareness Interest Preference Action

Before or After the 57% Point? ac

tivity

time

Marketing

Sales

Customer Diligence

Begins Customer Purchases

57% Customer Engages Supplier

Source: CEB

BEFORE AFTER

© The TAS Group 2014

Awareness Interest Preference Action

AFTER the 57% Point ac

tivity

time

Marketing

Sales 57%

Source: CEB

FOCUS HERE

Customer Purchases

Customer Diligence

Begins

Customer Engages Supplier

© The TAS Group 2014

Awareness Interest Preference Action

AFTER the 57% Point ac

tivity

time

Marketing

Sales 57%

Source: CEB

FOCUS HERE

Customer Purchases

Customer Diligence

Begins

Customer Engages Supplier

© The TAS Group 2014

Qualification Matters

© The TAS Group 2014

Qualification Matters

© The TAS Group 2014

Qualification Matters

© The TAS Group 2014

Flanking Strategy

Competitor

You

Customer Stated Needs

© The TAS Group 2014

Flanking Strategy

Competitor

You

Customer

57%

Stated Needs

© The TAS Group 2014

Flanking Strategy

Competitor

You

Customer

57%

Stated Needs

Changed Needs

© The TAS Group 2014

Flanking Strategy: Shifts the focus of a customer’s buying criteria to new or additional issues that favor your solution.

RULES

Don’t follow the rules

Executive support

Make your move last

Don’t open the door

Flanking Strategy

© The TAS Group 2014

e=mc2

© The TAS Group 2014

e=mc2

YOU CANNOT DEPLOY A WINNING FLANKING STRATEGY USING THE SAME RULES THAT EVERYONE ELSE IS USING �

© The TAS Group 2014

Qualification Matters: Reminder

© The TAS Group 2014

Flanking Strategy: Flank to Unique Business Value

A B

A+1 A

© The TAS Group 2014

Flanking Strategy: Flank to Unique Business Value

© The TAS Group 2014

Flanking Examples

© The TAS Group 2014

Flanking Examples

© The TAS Group 2014

When the sales trainer leaves …

TIME

IMPR

OVE

MEN

T

87%

© The TAS Group 2014

Awareness Interest Preference Action

Before or After the 57% Point? ac

tivity

time

Marketing

Sales

Customer Diligence

Begins Customer Purchases

57% Customer Engages Supplier

Source: CEB

BEFORE AFTER

© The TAS Group 2014

The other …

© The TAS Group 2014

The other …

© The TAS Group 2014

The other …

© The TAS Group 2014

Awareness Interest Preference Action

BEFORE the 57% Point ac

tivity

time

Marketing

Sales 57%

Source: CEB

FOCUS HERE

Customer Purchases

Customer Diligence

Begins

Customer Engages Supplier

© The TAS Group 2014

3 Types of Need

Active Unknown Known

© The TAS Group 2014

When to Sell

© The TAS Group 2014

© The TAS Group 2014

© The TAS Group 2014

When to Add Value

© The TAS Group 2014

© The TAS Group 2014

When to Add Value

© The TAS Group 2014

© The TAS Group 2014

© The TAS Group 2014

Awareness Interest Preference Action

The Sales & Marketing Continuum ac

tivity

time

Marketing

Sales

Source: CEB

“Account Planning is the new marketing”

© The TAS Group 2014

Create, develop, pursue, and win business that delivers mutual value

for you and your customer

© The TAS Group 2014

Know your customer Impact on a Customer

fn (Business Problems, Business People)

54% 61%

© The TAS Group 2014

Awareness Interest Preference Action

The Sales & Marketing Continuum ac

tivity

time

Marketing

Sales

Source: CEB

© The TAS Group 2014

Awareness Interest Preference Action

Before or After the 57% Point? ac

tivity

time

Marketing

Sales

Customer Diligence

Begins Customer Purchases

57% Customer Engages Supplier

Source: CEB

BEFORE AFTER

© The TAS Group 2014

Resources …

AccountPlanningInSalesforce.com

thetasgroup.com/ebooks/ 12-Elements-Of-A-Great-Sales-Playbook.php

30 Day Trial

Battling the or

57%

Sales People Still Matter

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