5 Organisational Capabilities To Be a Successful Seller Of Software Solutions By edpaice.com

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    5 Organisational Capabilities To Be a Successful Seller Of Software Solutions By edpaice.com - Presentation Transcript

    1. 5 Organisational Capabilities to be Successful in Selling Software Solutions Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com
    2. Who is Ed Paice? Ed can help you close more business! Ed works with Software Authors and Resellers across multiple technologies – specifically to drive increased sales, including companies such as Microsoft and IFS. Ed has 25 years in the software industry with JBA, Infor and SAP selling software solutions to end companies in the UK, EMEA and the USA. A top performer as an individual and sales leader with a personal best year of $12.7m of revenues as a salesperson, Ed knows what it takes to be successful. Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com
    3. 5 Capabilities Following some detailed analysis of organisations (both successful and unsuccessful) in the software solutions space, it is clear that there are 5 core capabilities that an organisation requires if it is to be successful on an ongoing basis. Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com
    4. 5 Capabilities Executive Focus Sounds obvious doesn’t it – however 1.  Executive Focus very many organisations fail at this first hurdle. A classic is where a company takes on a new product, expecting the sales force to cross sell it to their customers or into new markets. Without Exec focus the marketing & sales efforts are both diluted and potentially confused – instead of increasing revenues they remain flat or even fall! Have you introduced new products and services and seen them fail? Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com
    5. 5 Capabilities Strategic Focus This is where most companies flounder 1.  Executive Focus – understanding their core capabilities, 2.  Strategic Focus value propositions, markets, clients and the value that they bring to the market. The second challenge is then being able to effectively communicate this to their prospects – such that the prospect understands why they should do business with you! Does everyone in your business really know what your strategic focus is? Can they communicate it effectively? Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com
    6. 5 Capabilities Tactical Marketing Simple lead generation activities – but 1.  Executive Focus how come the cost per lead varies so 2.  Strategic Focus much? 3.  Tactical Marketing I have seen competing companies with a Cost per Lead ranging from £300 to £1600 ! Do you know what your cost per lead is? Are you getting value from your tactical marketing activities? Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com
    7. 5 Capabilities Sales Management & Sales Effective Sales and Sales Management 1.  Executive Focus is at the heart of a new business driven 2.  Strategic Focus organisation. But how effective is your team – and how do you measure sales 3.  Tactical Marketing effectiveness? 4.  Sales Management & Sales Best in class organisations use KPI’s such as mean time to closure, Revenue per sales-head as well as the obvious ones of measuring funnel dynamics and salespeople. How good is your sales engine? Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com
    8. 5 Capabilities Pre-Sales Too many deals are lost by poor Pre- 1.  Executive Focus Sales. If you are going to engage in a 2.  Strategic Focus bid then make sure the pre-sales team are up to being the best in your sector. 3.  Tactical Marketing This doesn’t just mean knowing the 4.  Sales Management & Sales product – or even how to demo it! 5.  Pre-Sales It means everything from having the right pre-sales engagement model to rehearsals and using your coach. Is your pre-sales capability the best in your sector? Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com
    9. Call Ed now… Call Ed now on +44 (0) 797 172 96 44 Or email him on edward.paice@googlemail.com To talk about increasing your sales performance Go-on contact him now – to talk about how to over-achieve against your business plan For more information, go to www.edpaice.com and join organisations like Microsoft and IFS who use Ed to help drive more business Ed Paice – Helping software companies close more business Copyright Ed Paice 2009 All rights Reserved www.edpaice.com

    + Ed  PaiceEd Paice, 6 months ago

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