1. Quiterian Sales guideline
“Show them the benefits and they will buy”
www.quiterian.com For the Quiterian Analytics’ sales force Sept‐2011
2. Index
d
Introduction
Rule #1 ‐ Customers only buy Benefits
Rule #2 – Our enemy is the Statu
y Q
Quo
Rule #3 – The Value Proposition For Me
Rule #4 – Selling is a P
Process
Rule #5 – Make the sales Check List
Rule #6 – Analytics is an Attitude
Rule #7 – More activity means more S l
Sales
3. Introduction
Quiterian’s mission is to significantly contribute to improve companies’
competitiveness.
Quiterian is committed to providing innovative cost effective faster and easier
is committed to providing innovative, cost effective, faster and easier
analytical solutions to our customers to help them to be more competitive.
Our personal commitment consists of working hard in favor of our customers’ goals
through the path of Excellence.
th h th th f E ll
This sales guideline is aimed at helping the sales force to achieve our goals according
to ‘Excellence’ principles.
Hope it is useful for you.
Josep Arroyo
Founder & CEO
Quiterian
5. Rule #1 ‐ Customers only buy b
benefits
f
So, Identify where the opportunity is. This is a consultative selling:
So Identify where the opportunity is This is a consultative selling:
Ask for the problem to solve, identify the benefit to provide.
Opportunities for the LoB (C level Line of Business):
1 – Efficiency
a) More outcomes (sales, collections, manufacturing, campaign responses, …)
b) Less resources (less costs, higher business process performance)
2 – Agility –
2 Agility Anticipation
a) Avoiding things to happen (customers churn, default, failures, …)
b) Reacting faster when things happen
) g g pp
3 – Effectiveness – Knowledge – Competitive Advantage
Doing things in a better way. Just integrate all relevant information in a single
point, perform advanced analytics and enable a faster decision making
i t f d d l ti d bl f t d i i ki
6. Rule #1 ‐ Customers only buy b
benefits
f
So, Identify where the opportunity is. This is a consultative selling:
So Identify where the opportunity is This is a consultative selling:
Ask for the problem to solve, identify the benefit to provide.
Opportunities for IT (CIO, CTO):
1 Reduce IT costs
1 – Reduce IT costs
Reducing dramatically BI maintenance costs for any new user requirement
(users are 100% self‐sufficient to answer any new question)
2 – User’s Agility and satisfaction
Users are self‐sufficient to answer any new question, at any time, on the fly
3 – Business alignment – Competitive Advantage
User empowerment and autonomy, high performance, advanced analytics to
make faster and more accurate decisions
k f t d t d ii
7. Rule #1 ‐ Customers only buy b
benefits
f
Summary
Be sure that the decision maker believes in
‐ The problem we can solve / The benefit they can obtain
The problem we can solve / The benefit they can obtain
Unless we identify a problem to solve / a benefit to generate, we do not have
Unless we identify a problem to solve / a benefit to generate we do not have
an opportunity to sell.
The closer to the core the problem is, the higher the value perceived and the
confidence required are.
9. Rule #2 – Our enemy is the Statu Quo
Q
Quiterian falls into the marketing category of “since it is an innovative
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solution, customers don’t know that a problem can be solved”. So , the
key factor for selling is the Value Proposition: the problems we solve.
Don’t care about competition – Quiterian positioning is unique
Don’t care about price – Highlight the benefits, quantify them
Don’t care about budget – Someone willing to buy always finds the way
’ b b d ll b l f d h
to close the deal with the chosen vendor
We have to identify reasons and impact for moving forward:
a) Personal motivations for the decision maker
b) Align the impact of moving forward with corporate goals and
Align the impact of moving forward with corporate goals and
priorities
c) Quantify the impact of not doing anything (business opportunities
being lost / risks / threats / saving)
b i l t / i k / th t / i )
11. Rule #3 – The Value Proposition For Me
Quiterian is able to do unique things than nobody else is able to:
Quiterian is able to do unique things than nobody else is able to:
‐ Integrating large data sets from heterogeneous sources very fast
‐ Answering any unexpected question instantly, with large data sets
‐ Doing fast, easy, advanced and predictive analytics that provide high
business value
‐ Working on a very light hardware in a highly secured web platform
Working on a very light hardware in a highly secured web platform
“BUT what is Quiterian able to do For Me?”
Welcome to the Consultative Sales world based on expert advice Then
Welcome to the Consultative Sales world based on “expert advice”. Then
you only have three options to be successful:
1 – You are an expert in that matter, so you know which the pains are
2 – You are an expert in business process, so you know how to interact
2 You are an expert in business process so you know how to interact
with decision makers to find the pains / the opportunities and the
benefits
3 – You are a Product expert able to interact only with CTO/CIO/ BI
3 Y P d t t bl t i t t l ith CTO/CIO/ BI
Director / BI Users
13. Rule #3 – The Value Proposition For Me
Even when the generic UVP applies for almost everybody, we will
Even when the generic UVP applies for almost everybody we will
ensure that we have an specific Value Proposition for our specific
Decision Maker.
The Specific Value Proposition solves a specific problem / Presents
p p p p /
a specific Benefit for the decision maker’s company.
We can waste lot of time talking about generic Value. Don’t forget
that the only value that makes move into action is “The Value
that I perceive for Me. So, what can you do for me?”
15. Rule #4 – Selling is a Process
“The Deal is the consequence of a right process. Follow the process.”
1. First Visit and Demo (FVD): The demo brings the light. Opportunity?
a) Ask to Identify the opportunity (Problem to solve / Benefit to get). Use Killer
questions according to the benefits and pains to solve. i.e.
• How long does it take you to discover a new opportunity or to receive a new answer for a new
question?
• Do you want to be more agile than your competitors? Do you want to be anticipative?
• Can you afford not to consider all available data sources and analytical techniques or predictions?
• Can you afford not to be anticipative to relevant threats (i.e. customer churn, default, machinery
Can you afford not to be anticipative to relevant threats (i e customer churn default machinery
failure, …)?
• How much does it cost you to lose a customer? Could it be predicted?
• Decisions are made with the information that we know. Do you have all the relevant information in
your hands before making a decision?
• Information hides unknown cause – effect relations, patterns, trends, … do you want to compete
Information hides unknown cause effect relations patterns trends do you want to compete
without this relevant insights?
b) Explain the general benefits and the specific problems to be solved “for them”
c) Demo: Show the “sexy things” according to the audience and problems to solve
d) Confirm that they perceive the Opportunity / we can solve the pains / they get
f h h h / l h / h
Benefits
e) Identify “buying” signals (asking for the price, implementation time, HW
requirements, …)
f) The POC (proof of concept) is the natural next step required by a prospect. Never
force it
16. Rule #4 – Selling is a Process
2. POC (Proof of concept): Verifying the value
a) Follow always the methodology
b) Confirm that they perceive the value
c) Ask for concerns, breaks, accelerators, agenda
3. Offer / Quotation: To scope the project
3 Offer / Quotation To scope the project
a) Price has been tied by provided value
b) Give them alternatives (On Premise / SaaS)
4. Negotiation and signature: To confirm the commitment
a) Ask for the signature
b) If the process was correct, the signature is just a formality
18. Rule #5 – Make the sales Check List
h k
Ensure that everything is right. Tune your expectations and improve
y g g y p p
1. Do they have the Analytical culture?
2. Is the decision maker (DM) leading the process?
a) Users can validate the product but never make a decision
Users can validate the product but never make a decision
b) Identify supporters and “enemies” because they will interact with the DM
3. Validate the strength of the Pain solved / Benefit perceived
a) Weak Value Proposition (VP) doesn t move to Action
Weak Value Proposition (VP) doesn’t move to Action
b) Strong and core VP tie to higher price
c) LoB looks for different VP than IT. Accommodate the VP to DM
4. The internal agenda: priority #1 projects stop your project
g p y p j py p j
a) Align Benefits to be provided with corporate goals
b) Quantify the impact of not doing anything
5. Are they looking for reporting / dashboard / traditional Data Mining?
y g p g g
a) Be sure that you are able to change the process, criteria, focus, shortlist
b) Changing a process is almost impossible, be sure that they prefer Visual DM
6. Is there anything you can do to make them move forward NOW?
a) Pay attention to DM’s personal agenda
b) Be close to the company’s environment to identify opportunities / threats
20. Rule #6 – Analytics is an Attitude
d
Leadership is an attitude.
Leadership is an attitude
Willing to improve is an attitude.
p y g
No matter what the company size is. No matter how big the data
volume is. No matter which the industry is.
We only sell when we find the Analytical Attitude. Someone is able
to improve something. Don’t waste your time with “laggards”.
i hi ’ i i h “l d”
How do they look like?
‐ Th
These companies have business analysts
i h b i l t
‐ These companies are used to be industry leaders
‐ They are business innovators
They are business innovators
‐ They want / need to improve
‐ They over perform among competitors
They over perform, among competitors
22. Rule #7 – More activity means more Sales
l
To get one deal done you need several prospects (i.e. 10).
To get one deal done you need several prospects (i e 10)
Working 10 prospects will not give you 1 deal but working 30
prospects will bring you 3 deals.
prospects will bring you 3 deals.
The innovative nature of Quiterian drives us to an educational
The innovative nature of Quiterian drives us to an “educational”
sales process. It takes time to accept that there is a problem and
that this new problem demands a solution.
Activity also means the necessary persistence in our sales process
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to convince our prospects and push their acceptance process in
an educational way.
23. Thanks!!
Analysis is an
attitude
www.quiterian.com | info@quiterian.com
“Quiterian helps companies to be more competitive. Show them the
benefits and they will buy”. J
b fit d th ill b ” Josep Arroyo ‐ CEO Q i i
A CEO ‐ Quiterian