sales shift: how inbound marketing has turned sales upside down
TRANSCRIPT
DECEMBER 10TH 2013
START TIME: 2:00PM ET 11:00AM PT
Frank Belzer
VP of Corporate Training
Kurlan and Associates
Host: Neal Cranna, Director of Marketing
Maximizer CRM
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What is Inbound Marketing?
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vsvsCold Calling
Cold Emails
(SPAM)
Interruptive Ads
Marketer -
Centric
SEO
Blogging
Attraction
Customer -
Centric
INBOUNDTRADITIONAL
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The old marketing
86% skip TV ads
91% unsubscribefrom email
200Mon the Do Not Call list
44% of direct mail is never opened
BROKEN.
playbook is
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You don’t find customers anymore.
They find you.
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The customer is in control.
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Marketing AND Sales needs to change, too.
The world has changed…
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Why we are here
The way we sell has been forever transformed by
the way people buy. The idea that selling has
changed is not new – what is new are the
approaches, techniques and philosophy that sales
teams require to benefit from this shift.
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Featured Speaker
Frank BelzerKurlan and Associates
@fbelzer
Frank Belzer is the author
of Sales Shift which details how
inbound marketing has turned
sales upside down.
What has happened to……Your Sales Pipeline
Your Sales Cycle
Your Sales Process
Your Sales Priorities
Your Top Sales People
Buyers no longer need/in fact they hateThe sharing of information about your product, your company or the sales person
To know what you think or what others think about your product or your solution
Hearing about the technical superiority or functionality
An unnecessary demo or trial
To be treated like a number/everyone else
A process that adds no value to what they have done already on their own
But they long forSomeone to help fill in the pieces
Someone to ask them the right questions
Someone to make them feel important
Someone that builds a true business relationship
Someone that isn’t scared to push back if they have drawn some wrong conclusions
Someone to help them customize the solution
Less time to build the relationshipOnly 24% of sales people excel at building relationships early enough in the process
Engaging the prospect
Recognizing that the way they feel about you (the rep) will have an impact on the lead converting into a viable sales opportunity
May no longer have the luxury of “in person meeting” which means the phone conversations and email exchanges need to be better than they were in the past!
Truly consultative sales peopleOnly 21% of current sales population can be described as truly consultative
Listen more than they talk
Know how to ask great high gain questions of the prospect
Become the value that the prospect cannot get anywhere else
Create a “comfort level” for the prospect that enables them to make a decision
Establish trust
Pipeline managementWe need to have more customization within our pipeline to accommodate the different buying patterns of the prospects that are in our funnel
We need to know that not every lead is a prospect
We need to understand how we differentiate and utilize lead nurturing
We need to recognize that even when someone raises their hand and requests help it might take 10 plus attempts to actually speak with them
Although they came to us through a digital interaction we must treat them like people
The big shifts in how we sellWe started the sales discussion
We picked the topic/application
We set the timelines
We used our process
We shared the information we wanted to share
We focused on getting to the ultimate decision maker
They started the discussion
They selected their area of interest
They have their own timeline
They are in the middle of their buying process
They already have information and they are looking for something else
They are deciding collaboratively and have an internal team to do that
Expectations have changedThe B2C and B2B worlds have merged - Impact of Amazon
They haven’t only looked at you – they have looked at everyone
All “sites” are created equal
An inbound lead is drawn to your company for some reason and they expect their interaction with sales to validate that and not contradict it
An inbound lead has not only been educated on your product or service during the course of their research, they have also learned about buying and negotiating with you.
The tendency might be……Although the tendency might be to approach a lead as if they are far along in the process and ready to buy the right thing to do is assume they are a red light opportunity
Although the tendency may be to simply pick up the process wherever the lead appears to be the right thing to do is back up and validate their earlier steps
Although the tendency might be to treat everyone at certain stages of the funnel the same way it is actually better to individualize and differentiate
A common story
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Our SHIFT
A Unique Challenge
• Amplify marketing efforts with flat budget
• Expand presence in competitive segment
• Increase inbound leads quality
• Accelerate efforts with smaller team
• Create better sales conversations
Amplify Marketing Efforts
Webinar:
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Results of SHIFT
Inbound Web Metrics • 13% increase in traffic,
• 20% increase in Unique visitors
• 19.2% increase in page per visit
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Results of SHIFT
Lead Quality • Invalid leads down - 73%,
• Sales lead retention up - 52%
Cost/Time Savings• Marketing Headcount – Down 33%
• Metrics Admin – Saving 16 hrs. per month
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What we learned
• Sales Shift
• Need leadership buy-in to SHIFT
• Training of new staff is crucial
• Re-evaluate long existing process
• Engagement of low level leads
• Becoming advisors, consultants and
value add to the prospect journey
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Questions?
Call Maximizer:1-800-804-6299
maximizer.com/hubspot
Frank BelzerKurlan and Associates
Request a Tool Kit:[email protected]