What’s the difference between a newspaper and sales?
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What’s the difference between a newspaper and sales?

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Presentation for Sept 13, 2010 webinar with Sharon Drew Morgen.

Presentation for Sept 13, 2010 webinar with Sharon Drew Morgen.

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What’s the difference between a newspaper and sales? Presentation Transcript

  • 1. www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc. Presented by: Sharon Drew Morgen What’s the difference between a newspaper and sales?
  • 2. Newspapers are disappearing: www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 3. How are people getting news? www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
    • 78% a local TV station
    • 73% a national network or cable TV
    • 61% online:
      • 75% forwarded through email or social networking sites
      • 52% share links with others
    • 54% listen to radio
    • 50% local newspaper
    • 17% national newspaper
    http://www.pewinternet.org/Reports/2010/Online-News/Summary-of-Findings.aspx
  • 4. ? In 10 years… How many of you think there will still be newspapers in 10 years? Why? Why not? www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 5. Technology makes information available to all www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 6. The job of sales
    • Needs assessment and solution placement
    • Content and solution driven
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 7. Sales activities
    • MEET Prepare, qualify, discovery;
    • GREET target person, seek appointment, discuss needs/solution;
    • DATA develop presentation, position solution details, pitch;
    • MANAGE develop and manage relationships, meet the team, follow up
    • NEGOTIATE solution relevance/details, price, buying process, competition
    • CLOSE unique details re implementation/price, contracts.
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 8. Technology taking over our jobs www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 9. What can prospects do on line?
    • MEET qualify themselves, discover vendor choices
    • GREET put together their Buying Decision Team, call us when ready
    • DATA all data available online
    • MANAGE make their own decisions
    • NEGOTIATE chooses vendor and defines the terms
    • CLOSE may/may not be done online
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 10. What happens when technology takes over?
    • Takes over much of solution placement activity
    • Reduces sales job to responding to online activities
    • Deletes much of influencing and persuading activities
    • Marketing taking over lead generation
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 11. What is a seller’s job now?
    • Managing leads from marketing
    • Following buyers online activity
    • Closing and negotiating
    • Taking calls from informed buyers.
    • Creating relationships with few buying team members
    • Reduced to merely correcting misconceptions, highlighting important bits, making relevant
    • Can't make appointments until vital decisions already made
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 12. LeadFormix as an example:
    • Retrieve important lead insight information: determine best lead source/how to grow it
    • Determine which marketing campaigns are rich sources of leads
    • Assess marketing team’s capabilities
    • Monitor online activity
    • Follow buyers across the web
    • Network with leading social networking sites
    • Dramatic improvement in overall marketing outreach of your company
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 13. Fallout to new buying
    • 50% of sellers not meeting quota
    • Personal relationships play a smaller role in solution choice
    • Sellers don't have influence over choices
    • Sellers dependent on incoming calls/hard to forecast
    • Buyers show up with bad data or conclusions
    • Buyers show up with choices made
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 14. The missing piece in the buying decision journey www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 15. Add a new skill and become an important resource
    • Add a decision facilitation front-end to sales
    • Help buyers line up decision issues outside of technology
    • Become a true Trusted Advisor and come in earlier
    • Technology not in this area yet
    • Influence the buying decision journey
    • Get onto Buying Decision Team
    • Change management model, not sales
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 16. What is Buying Facilitation™?
    • Not sales but adds a new skill set
    • Helps buyers navigate through change issues
    • Decision facilitation focus, not solution choice
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc. Buying Facilitation™ is a decision facilitation model that leads buyers through their off-line, behind-the-scenes decision issues that they need to manage internally to ensure they elicit the necessary buy-in prior to choosing a solution or vendor.
  • 17. Different skills necessary
    • Listening for systems
    • Not gathering data; be GPS
    • Encourage group decision making
    • Avoid solution discussion until decisions made
    • Facilitate decision making, not influencing purchase
    • Change management focus first; solution placement last
    www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 18. The journey to success 1. Make contact from marketing lead (or cold call, etc.) 2. Start facilitating decision making, not seeking appointment or discussing solution 3. Lead buyers through their decision making issues 4. Help buyers set up Buying Decision Team 5. Help buyers notice buy-in problems 6. Suggest sites, solutions, problem management choices 7. Agree how to move forward, together, with technology www.newsalesparadigm.com - sharondrew@newsalesparadigm.com - 512-457-0246 - @sharondrew © 2010, Morgen Facilitations Inc.
  • 19. Morgen Facilitations, Inc. 411 Brazos St. #220 Austin TX 78701 512-457-0246 [email_address] www.newsalesparadigm.com www.sharondrewmorgen.com www.buyingfacilitation.com www.dirtylittlesecretsbook.com www.facilitatingbuyin.com Developer of Buying Facilitation™ Author of Selling with Integrity & Dirty Little Secrets Sharon Drew Morgen Would you rather sell? Or have someone buy? Twitter: @sharondrew – LinkedIn: http://www.linkedin.com/in/sharondrewmorgen © 2010, Morgen Facilitations Inc.