Sales and Sales Management Blog

April 6, 2009

Book Review: Digital Body Language, by Steven Woods

Filed under: Book Reviews,lead generation,marketing,technology — Paul McCord @ 9:38 am
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digital-body-language

Whether you are a salesperson or company, your prospects are changing.  Finding and connecting with prospects is more difficult today than ever before.  And once you do connect with a prospect, the chances are they know far more about the issues they want or need to address and the potential solutions to those issues than the prospects you’ve dealt with in the past.

It used to be salespeople were the dispensers of knowledge and solutions.  Not too long ago most prospects needed salespeople to help them analyze their needs and to then propose viable solutions to those needs.

No longer.

Everyday more and more of our prospects are turning to the ever growing number of resources on the internet to research their problems and issues, their wants and needs.  With the explosion of websites, article sites, blogs, forums, webinars, and other resources immediately available to anyone willing to take a few minutes to do a keyword search, salespeople are no longer the lynchpin of knowledge and solution.

Salespeople are increasingly engaging prospects at a later and later stage of the purchasing process—often so late in the process that their only task is to give a price since the prospect has already diagnosed the issue, researched the various solutions, determined the most appropriate solution for their situation, and now only need a potential product or service provider to quote a price.

This movement away from using salespeople early in their purchasing process creates a huge problem for companies and salespeople—how to recognize and capture a prospect early in their solution search.

Steven Woods in Digital Body Language: Deciphering Customer Intentions in an Online World (2009: New Year Publishing) argues that just as it used to be critical for a salesperson to be able to read a prospect’s body language in order to be able to successfully move them to make a positive decision to purchase, it is now equally critical—and possible—to read a prospect’s “digital” body language via their use and movements through the company’s internet resources.

Digital Body Language is aimed at the marketing function of companies with relatively sophisticated marketing departments engaged in business-to-business complex sales.  For Woods, the activities that allow one to read the body language of a company’s electronic visitor are very much a pre-sales handoff activity.  This, however, doesn’t mean that smaller companies, salespeople, and individual professionals can’t pick up some good ideas of how to understand where in the buying cycle the visitors to their website, blog, podcast, or other resource are.

Woods argues that by understanding and analyzing where the visitors to the company’s website or blog come from, how long they stay, what they engage while they are there, and what they go afterwards can help the marketing department formulate a campaign to eventually move the prospect from investigator who is researching issues and options to being handed off to the sales department for final follow-up and consummating the purchase. 

Each movement a prospect makes signals their individual involvement within the purchase, where in the process they are, what type of information the company can follow-up with that will interest them, and when to turn the lead over to sales. 

Reading digital body language requires a set of data mined from both your electronic and non-electronic resources, as well as “a marketing team prepared to implement numerous processes that deliver the right communication at the right time to the right prospect.”  No easy task and one that Woods says require “the entire organization to make significant changes to marketing.”  Traditional marketing concepts and functions still apply, Woods says, but now take a back seat to understanding and responding to prospect’s online behavior.

Digital Body Language is a thought provoking look at how prospects are buying in today’s market and how marketing—and ultimately sales—must respond.  As more prospects move to self-education, analysis, and solution creation, a new understanding of the prospect must emerge.  And since it seems that every day brings an additional resource that allows prospects more control over their purchases, those companies who learn how to “read” their prospects and engage them with the information they are seeking in a manner they will respond to will be the companies who manage to maintain their margins and grow their business—even in a market where more and more “complex” products and services are moving into the realm of commodities to be bought at the lowest possible price.

 

April 4, 2009

For Sales Training to Produce Results, Management Must Change Their View of What Training Is

“We just don’t have any funds to bring in trainers this year.  Besides, we just haven’t had that much success with outside trainers anyway.  They come in and do their thing, but after they leave, we’ve never really seen much of an impact in our sales that we think came from them. “

“They come in and do their thing.” 

That’s the crux of the problem with training.  Companies and salespeople see trainers as “doing their thing,” that is, putting on a show and disseminating information, not changing the behavior of salespeople. 

If companies want to see real change in their sales teams, they must rethink what sales training is and how it is delivered.  Training isn’t just information exchange.  If it were, all the company need do is have each salesperson read a book or listen to a CD.  You don’t need to spend a small fortune to bring in the author of the book or CD if all he or she is going to do is give a verbal presentation of the same information contained in the book.  That’s nothing more than hiring a very expensive reader who presents the material in a bit more personal and entertaining format.

Training, at its core, is about changing behavior.  The information necessary to begin the behavior change is certainly critical, but it is nothing more than the beginning of the training process.  The real value of training is learning how to apply the information in the real world, that is, how to turn the information into the behavior that helps one sell. 

The world is full of salespeople who “know” what to do, but have no workable idea of how to do it, who have received the correct information, but haven’t received the necessary coaching to turn it from information into action.

The basic reason sales training has not had the impact companies, salespeople, and trainers have hoped for is the failure to address the long-term coaching necessary to have individual salespeople’s behavior change.

Sales training results will continue to be less than satisfactory unless the group training session is followed up with consistent, disciplined coaching.  And the coaching must be more than simply monitoring behavior and results with the subsequent admonitions or pats on the back.  It must consist of analysis, guidance, and individualized training.  Whether the follow-up coaching is done by the original trainer, the salesperson’s manager, or someone from an in-house training department, the coach must be thoroughly immersed in the what, how, and why of the behaviors to be achieved, and how to help the salesperson acquire and implement those behaviors.   

If you intend to hire a trainer and have them “come in and do their thing” and leave, save your money because you and your team will be disappointed. 

If you want to see real change within your team-and to your bottom-line–change your view of training from a session to a long-term process of changing behavior.  Yes, it will certainly cost more up front.  It won’t produce the overnight change many sales trainers have led companies to expect in the past-and that never materialized.  But it will produce the results you want and instead of wasting the money you’ve wasted on training in the past, your money will be invested in your company’s success, not spent on the trainer’s success.

April 2, 2009

Survey Results: What Do Prospects Respond To?

How many individual and business customers respond to cold calls?

How many respond to direct mail?

Do your prospects read and respond to unsolicited email ads?

Over the past several weeks McCord Training has surveyed over 450 individuals and businesses to get an idea of just how effective some of the marketing and prospecting methods salespeople, professionals, and small businesses use really are.

The survey was conducted over the phone and by no means is it a scientific study.  The survey respondents included over 200 individuals and just under 250 businesses.  About 80% of the respondents reside or are headquartered in the US, with the remaining 20% from Canada.  Business respondents included companies from numerous industries, and although they ranged in size from mom and pop stores to multi-national companies, the majority of the respondents were small to mid-size companies.  The responses from larger companies represent only the purchase practices of a single division, region, or even a single executive within the company.

The survey sought answers to a number of questions about how the individual or company responded to various prospecting and marketing methods. 

Although the survey was taken for internal use and full results are not being released, here are a few of the more interesting finding of the survey:

  • Have you (or the company)purchased any goods or services in the past 12 months from a salesperson or company that you had never done business with previously where the initial contact to you was made by a cold call?
    YES  3.38%  NO 96.62% Individuals  (business respondents bought at a rate of 6.07%, almost double the rate for individuals)
  • Have you (or the company) purchased any goods or services in the past 12 months from a salesperson or company that you had never done business with previously where the initial contact to you was made by a letter, post card, or other direct mail piece addressed to you or your company?
    YES 12.36%      NO 87.64%
  • Have you (or the company) purchased any goods or services in the past 12 months from a salesperson or company that you had never done business with previously where the initial contact to you was made by an unsolicited email?
    YES 1.77%      NO 98.23%
  • Have you (or the company) purchased any goods or services in the past 12 months from a salesperson or company that you had never done business with previously where the initial contact to you was made via a referral or introduction from someone you knew (or someone within your company)?
    YES 62.47%      NO 37.53%
  • Have you (or the company) purchased any goods or services in the past 12 months from a salesperson or company that you had never done business with previously where the initial contact to you was made via meeting the salesperson or other company representative at an event or meeting?
    YES 39.07%      NO 60.93%
  • Have you (or the company) purchased any goods or services in the past 12 months from a salesperson or company that you had never done business with previously where you contacted the company or salesperson due to a recommendation of the product, service or company from someone you knew?
    YES  17.22%        NO 82.78
  • Have you (or the company) purchased any goods or services in the past 12 months from a salesperson or company that you had never done business with previously where the initial contact to was made at a trade show or conference?
    YES 18.32%      NO 81.68%

We believe these numbers are instructive and can help salespeople and companies determine where they want to invest their time and money; however, the results are from a limited number of consumers.  In addition, the answers given reflect only the respondent’s best memory of their actions over the past 12 months; involve purchase decisions for only a 12 month period; and do not reflect the quantity of purchases a respondent may have made through any of the above contact methods (that is, a respondent who bought from a cold call may have only bought from one cold caller or might have bought from several cold callers).  Also, respondents were asked only about purchasing from salespeople or companies they had never done business with previously.

The survey indicates that virtually all of the contact methods surveyed are viable.  Some are certainly more effective than others, but all, given large enough numbers, can and do produce results.  One of the most glaring but not surprising results is the more personal and intimate the contact method, the better the result.  In each case, the positive response results were higher for business consumers than individual consumers, with the exception of referrals/introductions and unsolicited emails where the response rates were almost the same for each group.

It would be interesting and beneficial if an organization with the necessary resources would undertake a similar survey on a far larger scale.

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