the radical sales shift - lessons 6 -12 - part 4

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Professional Development Session #4 Sessions 1 - 3: Background, Implications, Diagnostics Session 3 Recap: The Leaders & Lessons 1 – 5 Session 4: Lessons 6 – 12

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Page 1: The Radical Sales Shift - Lessons 6 -12 - Part 4

Professional Development

Session #4Sessions 1 - 3: Background, Implications,

Diagnostics

Session 3 Recap: The Leaders & Lessons 1 – 5

Session 4: Lessons 6 – 12

Page 2: The Radical Sales Shift - Lessons 6 -12 - Part 4

The Premise: “We can’t find enough ??” Peter Saunders, the owner of ClinTek, good business but churning through ??

people Radical ?? Shift is occurring:

x% complete

Lisa Shepherd
Page 3: The Radical Sales Shift - Lessons 6 -12 - Part 4

The New Buyer

More informed

More connected

More ??

More ??

More ??

More risk averse

More abundant

Page 4: The Radical Sales Shift - Lessons 6 -12 - Part 4

3 Implications of the New Buyer

1.New ?? – the sales process has a lot of twists, turns and loops

2.New sales team skills – the old canned approach doesn’t work

3.??

Page 5: The Radical Sales Shift - Lessons 6 -12 - Part 4

The sales processOld Funnel - and new reality

New structure full of twists and ‘bounces’ – XX machine

Page 6: The Radical Sales Shift - Lessons 6 -12 - Part 4

Marketing has a growing role in revenue generation

This first 57% is marketing!

The remaining

43% is sales & marketing

Page 7: The Radical Sales Shift - Lessons 6 -12 - Part 4

The 20 Leaders

&

The First 5 Lessons

Page 8: The Radical Sales Shift - Lessons 6 -12 - Part 4

The 20 LeadersDawn AbankwahVP Business DevelopmentSpafinder Wellness

Leslie CarterChief Brand and StrategyOfficer, Knightsbridge

Janet CampbellVP SalesTAB Records Management

Nikki GoreVP MarketingBluecat Networks

Andrew JenkinsPrincipalVolterra

Mike HennessyVP Sales and MarketingIntelliresponse

Camille KennedySenior Director of MarketingHip Digital Media

Christina DiLalloMarketing ManagerNewcomp

Joanne GoreDirector of MarketingAvanti

Mark FaskenSales ManagerInfluitive

Page 9: The Radical Sales Shift - Lessons 6 -12 - Part 4

The 20 LeadersColin McAlpinFormer VP Product MktgCognos

Brian MergelasCEOWaterTAP

Jennifer McGill CanuFormer Group Mktg DirectorRoyal Building Products

Pina SciarraVP SalesJ&J

Liz WilliamsDirector of Mktg & CommsADP

Susan SmartGroup Account DirectorTite Group

Dave ZavitzSVP Sales and MarketingCanada Cartage

Ross NepeanVP Global MarketingTAB Records Management

Herb SaundersPresidentAmerican Appraisal Canada

Colleen PreisnerDirector of MarketingFCT

Who’s missing from right here??

Page 10: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 1

Get Support from ??

Page 11: The Radical Sales Shift - Lessons 6 -12 - Part 4

Get Support From The Top• If you don’t, marketing is not likely to succeed in mid-market B2B companies • Lots of skepticism and lack of experience – requires senior buy-in to

overcome• How to get that support:

1. Secure a marketing ?? for year one2. Get leadership ?? for marketing (weekly meeting with senior exec for first

3 - 4 months)3. Be on the executive committee4. Have ?? own marketing initiatives internally

Page 12: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 2

Set ?? Expectations

Page 13: The Radical Sales Shift - Lessons 6 -12 - Part 4

Set Realistic Expectations• Everyone thinks marketing is easy, that anyone can do it, and that

results will happen in a month or two • Because the purchasing cycle in B2B is long, marketing takes just as

long to have an impact • Not a 3 or 6 month process• Reality: ?? – ?? months to see consistent pipeline

growth from marketing, and real impact is in years ?? and ??

Page 14: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 3

Don’t be the ?? Department

Page 15: The Radical Sales Shift - Lessons 6 -12 - Part 4

Don’t be the Art Department• Everyone thinks marketing = ‘what color is the logo’ in B2B

companies• Have to dispel this myth hard and fast • Take a calculator to meetings• Talk about ROI• Don’t just do brochures

Page 16: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 4

The Right Attitude

Page 17: The Radical Sales Shift - Lessons 6 -12 - Part 4

The Right Attitude• Marketers take responsibility for ?? generation• Role up your sleeves• Be resourceful• Sharing expertise = marketing

Page 18: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 5

Good Marketing Starts With Business Acumen

Page 19: The Radical Sales Shift - Lessons 6 -12 - Part 4

Business Acumen• Strategic thinkers – is the company differentiated, is the value

proposition clear and compelling, is the position sustainable • How does the business make ?? • What marketing drives ROI (most ??

customers, least cost) • B2B marketers need to focus on ‘hard side’

(financials and data) and ‘soft-side’ (creative and communications)

Page 20: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 6

Know your Target Market

Page 21: The Radical Sales Shift - Lessons 6 -12 - Part 4

Know your target market• Can’t be all things to all people. • Target your customers:

• Use the company data, if there is sufficient

• Talk with sales people • Use personas

Page 22: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 7

Be heard from all directions

Page 23: The Radical Sales Shift - Lessons 6 -12 - Part 4

Be heard from all directions• There is no silver bullet in B2B marketing

• buyers want to know the company from many angles (it’s how they build trust)

• 5 – 7 touch points (11 – 13 in some)• Some marketers know how many touches

it takes to get to a deal

Page 24: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 8

Be a resource allocation wizard

Page 25: The Radical Sales Shift - Lessons 6 -12 - Part 4

Be a resource allocation wizard• Prioritize activities in the face of limited resources

1. Target markets2. Roles / decision makers3. Objectives – what’s the biggest problem:

• Strategy• Awareness• Lead Generation• Sales Team Support• Retention / Share of Wallet

4. Tactics, tools and campaigns (avoid ‘shiny marketing syndrome’)

Page 26: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 9

Deliver Quick Wins

Page 27: The Radical Sales Shift - Lessons 6 -12 - Part 4

Deliver quick wins• Stave off the skepticism; small

businesses won’t wait a year for results

• Use a ‘First 100 Days’ approach (activities, then results)

• Possible F100 activities: • Strategy• Brand update• Website overhaul• Sales collateral • Others based on company needs

Page 28: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 10

Pick your battles, and communicate your choices

(again and again)

Page 29: The Radical Sales Shift - Lessons 6 -12 - Part 4

Pick your battles and communicate your choices

• Everyone wants you to do it all, yesterday • Announce your priorities and your timelines• But everyone will forget what you’ve

planned – so communicate and re-communicate the plan and milestones

• Become the Department of Redundancy Department

a lot

Page 30: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 11

Get Aligned on Goals

Page 31: The Radical Sales Shift - Lessons 6 -12 - Part 4

Get aligned on goals• Sales thinks marketers are ‘academics’ and ‘irrelevant’• Marketing thinks salespeople are ‘simple-minded’ and

‘cowboys’• They’re the same team – the revenue generation team• To get aligned:

1. Establish a revenue goal 2. Define the buying process3. Figure out the revenue generation math 4. Feedback (closed-loop process) 5. It doesn’t have to be perfect, just start

Page 32: The Radical Sales Shift - Lessons 6 -12 - Part 4

Lesson 12

Working well with sales and

marketing

Page 33: The Radical Sales Shift - Lessons 6 -12 - Part 4

Success starts at the top 1. Understand the sales leader’s mindset (what do they expect from marketing)2. Create shared definitions (eg qualified lead)3. Try things out – don’t shut every sales idea down4. Be the head of Sales and Marketing

Oblique reference contest: Why did I choose this picture?

Page 34: The Radical Sales Shift - Lessons 6 -12 - Part 4

What’s NextSession #5

Lessons 13 - 20

Page 35: The Radical Sales Shift - Lessons 6 -12 - Part 4

Special Report Update

May 27th Book Launch Party - the plan - how you can help

Upcoming Marketing