Sales and Sales Management Blog

October 26, 2009

Guest Article: “Position Yourself as a Value Provider,” by Ardath Albee

Filed under: prospecting,sales,selling — Paul McCord @ 8:54 am
Tags: , , , ,

This is cool, I get to promote two friends at once today: The following  article by Ardath Albee was first published on Jill Konrath’s 2009 Sales shebang conference website.

Position Yourself as a Value Provider
By Ardath Albee  

When a salesperson jumps into the lead relationship after marketing has nurtured them, it’s essential to do so in a context that matches the lead’s expectations. Depending on the amount of information the salesperson has available at the point of transition, the message they send can have a huge impact on how well they position themselves as a value provider.

Your prospective buyers experience information about your company’s offerings in a myriad of different ways. Depending on their priorities, messaging can miss completely leaving that lead to wonder what the heck happened and causing them to question whether they really want to work with a company who understands them one minute and acts like they’re a stranger the next.

Let’s consider an example.

Sara has been actively following a marketing campaign from your company about how to gain more efficiency in staff utilization. She’s read every white paper and web page that relates to increasing staff productivity, attended a webinar on the subject and requested a salesperson call her.

You get assigned Sara’s account. But, you have no idea that her express interest is increasing efficiency so you choose a pre-populated key value message that’s worked well in the past when you email her to set up a telephone meeting—the one that emphasizes reducing costs by cutting head count.

Sara doesn’t respond. In fact, when you try to call her to follow-up, her assistant insists she’s busy and dumps you directly into voicemail.

Both of you are now wondering what happened.

You think marketing got carried away and over scored Sara’s account, pushing her forward in the process when she wasn’t “hot” enough to move to sales activities. She thinks you’re uninterested and out of touch and can only shudder at the thought that once she becomes a customer her account will be handled in the same fashion. Sara also likely thinks that all you care about is the sale, which is a total disconnect from her previous dialog with your company.

The problem here is a failure to communicate.

You need to make sure that you get as much profile information about leads assigned to your queue as you can. If you step into the conversation with a relevant message that conveys a high level of understanding and attention to customer detail, Sara is likely to have an entirely different response to your message. You’ll have positioned yourself as a value provider focused on helping Sara solve a high-priority business issue.

Research by Huthwaite® in regards to prospecting showed 94% of buyers couldn’t remember a single prospector or message they had received during the last two years. This means that the more closely a salesperson ties their message to the marketing dialog the lead is accustomed to, and anticipating, the better outcome they can achieve. If your message is disconnected from their prior experience, it can be like pushing a rock uphill to get that opportunity back on track.

By the same token, make sure your outreach does not assume too much. As the shift from nurturing to sales activities takes place, you need to re-establish a comfort level with the lead. This means you need to enter the dialog at the same place they’re at in their buying cycle.

The following tips can help you do just that with the leads you receive from marketing:

  • Reference their implicit interest in a high-priority business issue
  • Offer something of value – article, success story, etc.
  • Do not pitch them
  • Do not mention your product
  • Give them a specific reason to respond to you – one that has value for them.
  • Be professional, but personable

It’s important that your communication be perceived as valuable by the lead. The entire sales process is now about the value buying from you can deliver. Let’s face it, if they wanted just the product, they can probably find one similar to yours somewhere else. Products are commodities.

Glen Petersen, in his book The Profit Maximization Paradox, says that 85% of the decision to buy is directly impacted by the interactions between salespeople and the customer. So once the transition to sales happens, the ball is almost entirely in your court. The relationship you establish will make or break the deal.

Let’s look at a real message I received after exploring global collaboration on a vendor’s website. Although I’ve removed any specific company references, I think you’ll get the point.

Ardath                                    

As gas prices continue to rise, many businesses are looking for creative ways to cut costs and remain competitive. Our company’s product can help you reduce expenses, while increasing productivity throughout your business.

Let me show you how you can:

  • Product Benefit A
  • Product Benefit B
  • Product Benefit C

Do you have time this week or next for a brief discussion about your business needs? Please reply with the best time for me to contact you.

Best regards,
Sally Salesperson

Does anything about that message speak to my interests or let me know the salesperson has any idea what matters to me? Even though that first sentence could speak to a need, it’s generic, assumed and doesn’t show they even know what I’m interested in. On top of that, they want me to make time to educate them about my business needs. They obviously have no idea about my priorities.

This kind of “so what?” message will leave you in the dust as fast as a lead can hit the delete button. It is not about the potential customer, it’s about them. The salesperson hasn’t done their homework. Most of your leads will see right through such poor messaging, resulting in diminishing engagement with you, and your company.

Now, let’s look at a message likely to generate a better response:

Ardath,

I noticed you’ve read a number of our website resources about how to collaborate more effectively across geographic locations.

I’ve researched your company and would like to share an example of how we’ve helped companies like yours achieve that goal. Not only have they achieved higher levels of collaboration, but demonstrated value by delivering innovations to their customers—much faster than ever before.

I’ve attached a success story to demonstrate the business case and have some additional ideas I’d like to share with you to help your company quickly achieve these kinds of outcomes.

If you think your company will benefit with this kind of successful collaboration, let’s talk.

Thanks,
Sally

Which one of these messages would you not only rather receive, but be more likely to respond to? The first one is company focused and indifferent to the lead’s expressed interests. The second one shows you care and positions you as a value provider. By sending targeted messages, you’ll have a much better shot at assuring that 85% of the purchase decision swings in your favor.

B2B marketing strategist and CEO of Marketing Interactions, Ardath Albee helps companies significantly increase their marketing effectiveness by generating more and better leads for their sales organization. She helps them capture the attention of web site visitors, and keep in touch with high value content till they are “sales ready.”

June 24, 2009

Boost Your Sales series: “Integrate Social Media with Your Prospecting Approach,” by Ardath Albee

Integrate Social Media with Your Prospecting Approach
by Ardath Albee

Salespeople need to be expert listeners, delving into their client’s problems, needs and challenges to ensure their conversations are designed to deliver more “what’s in it for me” than ever before. This type of exchange used to be done almost exclusively face-to-face. But today’s reality shows buyers taking control of their purchasing process and putting off traditional sales activities until they’re ready. The upshot is that by the time they’re sales ready, it’s likely they know more about your company’s products and solutions than your sales reps.

So, what’s a salesperson to do?

Use social media to get your prospects talking…directly to you.

That said, you must realize that social media is not an instant-gratification endeavor. Listening is just as critical to creating engaging online dialogues as it is in face-to-face conversations. And, given the fact that there are no facial expressions, vocal tones or physical body language, listening is even more critical to creating the outcomes you want via online social interactions.

Location, Location, Location…
The first step in listening is to determine where your prospects spend their time online. It could be LinkedIn groups, Twitter or blogs (their own, or someone else’s). They could also spend their time in industry forums, topical communities or leaving comments on articles and blog posts published by industry portals. By spending some time where they hang out, you’ll discover the best ways to open a dialogue.

The Key to Listening
Many companies track and follow what’s being said about their company with Google Alerts. Then they respond by trying to control the conversation, defend themselves to naysayers and pat themselves on the back when they hear kudos. We’ve all known people like this. We call them self-centered and try to avoid them. The value of whatever they contribute to the conversation is diminished because we know that what underlies their effort is based solely on self-interested gains. They’re surface listeners.

Connecting with people in a way that builds engagement beyond momentary attention is critical when employing social media for prospecting. People want you to help them solve their problems. Heck, they can buy something similar to your solution from numerous sources. So, give them a differentiating reason to buy from you by listening to what they’re saying and responding appropriately. Get beneath the surface words to the meaty meanings.

By listening beneath the surface, you’ll gain a lot of useful insights like:

  • Perspectives about problems and objectives your prospects are dealing with.
  • Terminology used conversationally by different market and industry segments.
  • Communication efforts they don’t like.
  • Clues that indicate the real root of a problem so you can help solve them.
  • What your customers really value, which sometimes is the little stuff you may think is unimportant, but can be used to jumpstart an interactive dialogue.

As you listen, think about how you can be helpful. Don’t give in to knee-jerk reactions. Wait until you understand the context before you respond. And, when you do, make sure your response shows you’ve given their input care and consideration. Listening requires a clear intent to understand. Listening does not mean mining online exchanges to find places to post a comment that’s out of context because you can’t be bothered to integrate yourself into the conversation.

CRM + Marketing Automation
Salespeople who use CRM systems integrated with marketing automation have a leg up on those who aren’t so privileged. You’ve got access (or should) to a wealth of information that can jumpstart your listening. Plus, you know just which prospects have the most potential, and what they’ve expressed interest in.

Given your prospects’ interests, be on the lookout for useful content you can provide to enrich your online interactions. Make sure it’s objective and focused on your prospects’ priorities whether it comes from internal or external sources. Given what you know about your prospects, consider requesting articles and white papers with a specific topic be developed by your marketing team. Or, ask them to provide a resources list with links to collateral you can use.

If you’re stumped for external resources, a huge number of analysts have blogs and Twitter accounts. There are independent industry experts writing articles and blogging about issues relevant to your market. Providing a mix of content in addition to conversational exchanges will help to establish you as a trusted resource. And, that’s just where you want to be. That way, when your prospects need help, they’ll think of you first.

Define Your Social Media Purpose
Salespeople should use social media in conjunction with other methods to create an integrated prospecting approach. Social media can be a great way to keep up appearances. This means that your purpose for social media may be best executed by using it to keep yourself in front of specific prospects by participating where they can see you, and have the choice to engage.

If you’ve left several voicemails and followed up with email, but received no response, perhaps you have the opportunity to catch their attention and gain a dialogue via a social media interaction. The big thing to remember is not to give the impression of a stalker. As long as you stay focused on being sincerely helpful as a resource for valued insight and information, you stand a good chance of creating a relationship.

Exchanging comments on a blog or via an industry discussion group or Twitter can be seen as much less of a commitment for a prospect who has yet to decide they’re ready for a sales conversation. Proving you’ve got expertise and answers they need can also serve to provide a reason to connect with you, even if they’ve ignored your other efforts to contact them previously.

Always Be Thoughtful
Social media can become an impactful tool for improving your sales process, if used appropriately and with purpose. Just remember to listen first, respond in context and always with the intention of being a helpful resource. Don’t try to sell. By engaging people in topics related to solving their problems, the dialogue will grow beyond the limitations of open, online exchanges to a request for an offline, personal conversation. If you’re paying attention, you’ll know when the time is right. And so will your prospects.

Ardath Albee, B2B Marketing Strategist of her firm, Marketing Interactions, Inc, helps companies with complex sales increase and quantify marketing effectiveness by developing e-marketing strategies driven by compelling content. She taps over 20 years of business management and marketing experience to help clients, including Covad Communications, LANDesk and Silicon Graphics [SGI], create customer-focused nurturing programs to engage and progress prospects to sales readiness. Her book, E-Marketing Strategies for the Complex Sale will be out this fall from McGraw-Hill. Ardath also authors the industry-leading Marketing Interactions blog.

 ——————————————————————————————————————————————————

Like What You See Here?

If you like what you see on the Sales and Sales Management Blog, I encourage you to either:

Save it to your RSS Reader

or

Subscribe to my POWER SELLING newsletter where twice each month you’ll get a full length article designed to help you increase your and/or your sales team’s sales.  Just shoot me an email at pmccord@mccordandassociates.com with “subscribe” in the subject line and your name and email address in the body and I’ll get you subcribed, and since I hate SPAM as much as you do, I’ll never sell, lease, rent or give your information to anyone—EVER.

Theme: Rubric. Blog at WordPress.com. Fonts on this blog.

Follow

Get every new post delivered to your Inbox.

Join 3,814 other followers