martindriver sales strategy
TRANSCRIPT
copywrite MySalesDirector Ltd 2007
Martin Driver
From
MySalesDirector
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“If People Know What They Want, Understand How To Achieve It, And Have The Ability To Action This…
The Odds Of Success Increase Dramatically”
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Creating A Sales Strategy…
What Is Strategy
The Oxford English Dictionary, Quote….
• “A Plan To Achieve A Long-Term Aim”
• “Planning and Directing A Military Activity in A War Or Battle”
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Creating A Sales Strategy
•Big Picture, Route To Market
Account Strategy
•Specific Deal Game Plans
What We Will Cover Today…
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What Do You Want…
Goals
•The Big Picture Thinking, Blue Sky
Objectives
•The Practical Steps Needed To Achieve The Goals
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What Do You Want…
Goals
• Short Term (0 To 12 Months)• Mid Term (12 To 24 Months)• Long Term (24 To 60 Months)
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What Do You Want…
Goals
• Relevant• Precise• Accurate• Time Bound
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What Do You Want…
ObjectivesThe Steps Needed To Achieve Goals
• Specific What Do You Want• Measurable What Is Success• Achievable Is It Realistic• Results Will It Achieve Bus Results• Time When Will It Be Done
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Route To Market…
What Is Your Market Place
• Who Do I Sell To• What Is The Market Size / Potential• How Mature Is The Market• What Are My Key Differentiators
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Route To Market…
Who Else Operates In This Space
• Who Are Your Competitors• How do They Operate• What Are There Strengths & Weaknesses• What Are The Alternatives
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Route To Market…
A
C
C
H
awareness
consideration
coverage
hit rate
KeyAreas To Consider
Prospecting
Sales
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Process, Style and Structure …• How Will You Have To Work (Process) Beginning, Middle and End Of The Sale
• What Type Of Sale Is Needed (Style) Transactional, Solution, Consultative
• What Is Your Org Design (Structure) Field Sales, Telesales, Agents, Media
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Sales Management…
How Will You Drive Success
• Setting Sales Targets• Measures• Sales Reviews• Coaching And Motivation
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Account Strategy
Specific Account Game Plans
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Account Strategy…
“From The Moment You Pursue A Sale Someone Is trying To Beat You To It…”
“From The Moment You Win It Someone Is Trying To Take It From You…”
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Account Strategy…
Four Effective Account Strategies
• Attack• Defend• New Game• Additional Supplier
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Account Strategy…
Attack
(What You Need)
• Clear Advantage - In Value, Performance etc.• Customer Agrees Advantages• Customer Support, Sponsor• Ability To Act Quickly
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Account Strategy…
Defend
(What You Need)
• Credibility With Your Customer• Good Customer Relationships • Customer Understands Your Value• Account Intelligence
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Account Strategy…
New Game
(What You Need)
• Credible Business Case• Customer Support, Sponsor • Good Timing• New Game Plays To Your Strengths
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Account Strategy…
Additional Supplier
(What You Need)
• Good Account Intelligence• Customer Support, Sponsor • Good Relationships• Ability To Respond Well and Quickly
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Sales Strategy…
Summary
• Know What You Want• Understand How To Get It• Decide How Best To Operate• Make It Happen !
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The Final Word…Know yourself, know your enemy, and you need notfear one hundred battles. Know only yourself and not your enemy, and for every victory gained you shall sustain defeat. Know neither yourself nor your enemy, and you shallsuccumb in every battle.
Your strength will eventually become your weakness.
The key to victory is not in defeating the enemy, but in defeating the enemy's strategy; therein lies their vulnerability
(The Art Of War-Sun Tzu)