5 lessons for salespeople - from your future customer

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From your Future Customer 5 Lessons for Salespeople

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Page 1: 5 Lessons for Salespeople - from your Future Customer

From your Future Customer

5 Lessons for Salespeople

Page 2: 5 Lessons for Salespeople - from your Future Customer

Sales has always been about one thing…

Page 3: 5 Lessons for Salespeople - from your Future Customer
Page 4: 5 Lessons for Salespeople - from your Future Customer

And to be fair, it worked well up until the time when a little thing called The Internet was invented.

Page 5: 5 Lessons for Salespeople - from your Future Customer

And with that, everything changed.

Page 6: 5 Lessons for Salespeople - from your Future Customer

And with that, everything changed.

The customer is now more informed and in control than ever before.

Page 7: 5 Lessons for Salespeople - from your Future Customer

It’s time for salespeople to sit up and listen…

Page 8: 5 Lessons for Salespeople - from your Future Customer

…or risk getting left behind.

Page 9: 5 Lessons for Salespeople - from your Future Customer

At HubSpot, we did a ton of research on modern buyer behaviour and how it compares to how salespeople currently sell.

Page 10: 5 Lessons for Salespeople - from your Future Customer

Here are the 5 most crucial lessons for being a successful salesperson in 2016 and beyond.

Brought to you, by your future customers…

Page 11: 5 Lessons for Salespeople - from your Future Customer

Lesson No. 1:

Get Your Priorities Straight

Page 12: 5 Lessons for Salespeople - from your Future Customer

Closing more deals was the no. 1 priority for 70% of salespeople in 2016.

Page 13: 5 Lessons for Salespeople - from your Future Customer

Closingmore deals

Improvingfunnel efficiency

Reducing sales cyclelength

Social selling

Training the sales team

Improvingexisting sales

Investing in sales enablement

Investing in a CRM

Other Don’t know/not applicable

70%

47%

31%

28% 27%25%

16% 13%

3% 3%

What are your companies top sales priorities for the next year?

Page 14: 5 Lessons for Salespeople - from your Future Customer

But here comes the lesson for salespeople…

Page 15: 5 Lessons for Salespeople - from your Future Customer

62% of buyers felt their salesperson did not listen to their needs.

Page 16: 5 Lessons for Salespeople - from your Future Customer

And 44% said their salesperson did not try to be helpful.

Page 17: 5 Lessons for Salespeople - from your Future Customer

Is it any wonder that the majority of salespeople are closing less than 10% of their leads into sales?

Don't Know

Over 50%

41 to 50%

31 to 40%

21 to 30%

11 to 20%

10% or less

What is the average percentage of leads your companyconverts to sales?

Page 18: 5 Lessons for Salespeople - from your Future Customer

“All things being equal, people will do business with, and refer business to, those people they know, like and trust.”

Bob BurgBestselling author of The Go-Giver and Endless Referrals

Page 19: 5 Lessons for Salespeople - from your Future Customer

Lesson No. 2:

Timing is Everything

Page 20: 5 Lessons for Salespeople - from your Future Customer

Pop Quiz!!!On the first sales call, what should the goal be?

Page 21: 5 Lessons for Salespeople - from your Future Customer

A. Find the decision maker?

Page 22: 5 Lessons for Salespeople - from your Future Customer

A. Find the decision maker?

B. Discuss the company’s overall goals?

Page 23: 5 Lessons for Salespeople - from your Future Customer

A. Find the decision maker?

B. Discuss the company’s overall goals?

C. Uncover the reason for the purchase?

Page 24: 5 Lessons for Salespeople - from your Future Customer

A. Find the decision maker?

B. Discuss the company’s overall goals?

C. Uncover the reason for the purchase?

D. Discuss budget and timeline for the purchase?

Page 25: 5 Lessons for Salespeople - from your Future Customer

If you answered any of the above, you are…

Page 26: 5 Lessons for Salespeople - from your Future Customer

If you answered any of the above, you are…

WRONG!

Page 27: 5 Lessons for Salespeople - from your Future Customer

It turns out there is a huge disconnect between what buyers want and what salespeople think they want.

Page 28: 5 Lessons for Salespeople - from your Future Customer

58% of buyers want to talk pricing on the first sales call

Page 29: 5 Lessons for Salespeople - from your Future Customer

““Sales is really as simple as getting your leads to ask questions and focusing on answering them.”

Josh HarcusAuthor of ‘A Closing Culture’

Watch Josh speak at Inbound Sales Day on Sept 14th -it’s 100% free!

Page 30: 5 Lessons for Salespeople - from your Future Customer

Lesson No. 3:

Be More Human

Page 31: 5 Lessons for Salespeople - from your Future Customer

There is also a disconnect between how salespeople see their approach and how it is perceived by their customer.

Page 32: 5 Lessons for Salespeople - from your Future Customer

How sales reps say they approach buyers vs. what buyers with negative sales experience encountered.

Sales say they avoid being pushy.

Buyers with negative experiences say sales did not avoid being pushy. 50% 84%

Page 33: 5 Lessons for Salespeople - from your Future Customer

To add to that…

Page 34: 5 Lessons for Salespeople - from your Future Customer

How sales reps say they approach buyers vs. what buyers with negative sales experience encountered.

Sales pros say they research a buyer before they call.

Buyers felt the pitch was not tailored to their needs.74% 63%

Page 35: 5 Lessons for Salespeople - from your Future Customer

Oh Dear.

Page 36: 5 Lessons for Salespeople - from your Future Customer

Oh Dear.63% of buyers felt the pitch was not

tailored to their needs.

Page 37: 5 Lessons for Salespeople - from your Future Customer

““The world has had enough of pushy sales tactics. When you come from a place of service with your prospect’s best interest in mind, your whole business improves.”

Amanda HolmesCEO of Chet Holmes InternationalWatch Amanda spe

ak at

Inbound Sales Day on Sept 14th

-it’s 100% free!

Page 38: 5 Lessons for Salespeople - from your Future Customer

Lesson No. 4:

Be There When You’re Needed

Page 39: 5 Lessons for Salespeople - from your Future Customer

Today’s buyer knows what they want and when they want it.

Page 40: 5 Lessons for Salespeople - from your Future Customer

Today’s buyer knows what they want and when they want it.

The role of a salesperson is to be there when they’re needed.

Page 41: 5 Lessons for Salespeople - from your Future Customer

60% of buyers want to talk to a salesperson when they are in the consideration stage.

19%

60%

20%

Awareness StageWhen I’m first learning about a product

Consideration StageAfter I’ve researched and have a shortlist

Decision StageAfter I’ve reviewed my shortlist and am ready to buy

Page 42: 5 Lessons for Salespeople - from your Future Customer

And they want to know about product features and functions above all else.

51%

42%

41%

36%

36%

32%

28%

22%

19%

19%

Product information, features and functions

Product ratings and reviews

Peer experiences

Customer case studies

Demos

Best Practices

Expert opinions, media coverage, or reports

How-to guides or checklists

Survey results or research

Other

Page 43: 5 Lessons for Salespeople - from your Future Customer

““Start your day by thinking strategically on how you can help one customer better navigate their buying journey - what can you teach them today that they didn’t understand yesterday?”

Jamie ShanksCEO of Sales For Life Watch Jamie speak at Inbound Sales Day on Sept 14th -it’s 100% free!

Page 44: 5 Lessons for Salespeople - from your Future Customer

Lesson No. 5: Don’t Be the Obstacle to Your Own Success

Page 45: 5 Lessons for Salespeople - from your Future Customer

According to salespeople, getting a response from prospects is their biggest challenge.

What is more difficult to do in sales compared to 2 to 3 years ago?

40%

34%

27%

27%

23%

22%

20%

14%

12%

19%

14%

11%

11%

8%

2%

Getting a response from prospectsClosing deals

Engaging multiple decision makers at a companyIdentifying/prospecting good leads

Avoiding discounting/negotationIncorporating social media into the sales process

Connecting via phoneUsing sales tech in my day to day job

Connecting via emailDoing research before making initial call / writing initial email

Sourcing referralsKeeping someone on the phone

Delivering a presentationOther

Page 46: 5 Lessons for Salespeople - from your Future Customer

But let’s consider that for a second…

Page 47: 5 Lessons for Salespeople - from your Future Customer

Salespeople are expecting a response from their leads without:

Page 48: 5 Lessons for Salespeople - from your Future Customer

Salespeople are expecting a response from their leads without:

1. Researching them first

Page 49: 5 Lessons for Salespeople - from your Future Customer

Salespeople are expecting a response from their leads without:

1. Researching them first2. Listening to their needs

Page 50: 5 Lessons for Salespeople - from your Future Customer

Salespeople are expecting a response from their leads without:

1. Researching them first2. Listening to their needs3. Giving them the information they want when they want it.

Page 51: 5 Lessons for Salespeople - from your Future Customer

Don’t be the biggest obstacle to your own success.

Page 52: 5 Lessons for Salespeople - from your Future Customer

Being a salesperson today doesn’t need to be a challenge.

Your buyer’s are more clued in than ever, which is actually an advantage for you.

Page 53: 5 Lessons for Salespeople - from your Future Customer

Give your customer what they want, when they want it...

…and your new challenge will become figuring out how to spend all that additional comp you’re earning!

Page 54: 5 Lessons for Salespeople - from your Future Customer

INBOUND SALES DAY 2016

Get the Sales Playbooks for Multi-Million Dollar Companies to Grow Your Revenue.

September 14