More Related Content Similar to Embrace Your Buyers' Journey Similar to Embrace Your Buyers' Journey (20) More from Christine Crandell More from Christine Crandell (12) Embrace Your Buyers' Journey1. Embrace
Your
“Buyers’ Journey”
Christine Crandell
March 6, 2012
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 1
2. About Us…
We help companies
accelerate growth.
• Deep, proven strategy expertise to
achieve outcomes.
• Proprietary methodology drives
Social Business transformation.
• 20 years in business
• Increased client revenues &
efficiency by 75%
• Practical advice, tools, and training
to sustain success.
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 2
3. The World Changed…
70% of buy cycle is complete before
Sales is engaged
Forrester 2011
of sales teams achieve quota
DemandCon 2011
50%
of sales interactions are considered
3% worthwhile by prospects
Forrester 2011
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 3
4. New Rules
There are no
“Customers”,
only “Buyers”
Buyers are in
full control
Buying is social, self-directed, trust-based & transparent
„Lifetime
Harder and harder to „reach‟ buying teams
Experience‟ is
a key decider Experience disruptions result in disengagement
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 4
5. Buyers„ Social Framework
The Buyers‟ Social
Purchase Framework is a
methodology to
enable, engage and
Buyer
establish
Enable Engage
enduring, profitable
relationships with
customers.
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 5
6. Purchase
Validate Delivery
Evaluate Buyers’ Nurture
Social
Search Framework Value
Define Expand
Evangelize
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 6
7. Purchase
Validate Delivery
Evaluate Buyers’ Nurture
Disrupters:
Social • 1st Disrupter
Search Framework Value Marketing to Sales
• 2nd Disrupter
Sales to
Define Expand Service/Support
Evangelize • 3rd Disrupter
Churn from unmet
expectations
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 7
8. Discover the Invisible
Build
Match Presence
Assets to at
Craft “Action” “Identify”
Experience
Longitudinal
Data
Analysis
Mother of
all
Interviews
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 8
9. Discover the Invisible
Identify
Destination
Conversation
Learned
Action Taken
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 9
10. Where Do They Go?
Industry
Association LinkedIn Social Industry
Community
Analyst
Webinar Somebody‟s
Uncle
White Paper
Media Site
Blogs
Online
Demo
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 10
11. Operationalize the Framework
Opportunities
Sales
Purchase
Validate Deliver
Customer Care
“Customers”
Evaluate
Buyers‟ Nurture
Marketing
Contacts
Social
Search
Framework Value
Define Expand
Evangelize
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 11
12. Stage: Define
Being aware of a problem and
commited to addressing it
Where: Trade publications, social
groups, Q&A sites
Contacts/Leads
What: Educate on issues, pain points
Marketing
and best practicies
Marketing
Buyers‟
Social How: Research, studies, case
Framework studies, content creation and
syndication
Define Call to action: Download content
What to measure:
Downloads, returned
visitors, followers, fans, traffic from
referral, referring keywords
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 12
13. Stage: Search
Understand how peers solved the
problem
Where: Trade publications, search
engines, blogs, referrals, social
media, relevant market places
What: Create awareness, share best
Contacts/Leads
practices and case examples on how
Marketing
peers addressed the problem and
Marketing
Buyers’ position your company as an industry
Social expert
Search Framework
How: SEO, case studies, referral
program, videos, and webinars
Call to action: Read the case
study, watch the video, register for the
webinar
What to measure:
Views, visits to landing pages, referring
keywords, impressions, and referring
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 13
sites
14. The Sellers‘ Compass ™
Opportunities
Sales
Purchase
Validate Deliver
The Sellers Compass™
is our methodology to
Customer Care
Evaluate Nurture
“Customers”
enable, engage and establish
Marketing
Contacts
Sellers enduring, profitable
Compass™ relationships with their
Search Value
prospects and customers.
Define Expand
Evangelize
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 14
© 2012 NBS Consulting Group, Inc. | Tel: 415.309.7017
15. Stage: Evaluate
Select approach, evaluate alternatives
and short-list
Where: SEO & PPC, website, relevant
marketplaces, 3rd party sites, partner
What: Demonstrate how your product
Contacts/Leads
can provide the ideal outcome
Marketing
Evaluate
Marketing
Buyers‟
Social How: Case studies, demo, videos, public
validation, customer testimonials
Framework
Call to action: Personalized demos, try
& buy
What to measure:
Number of demo requests, views of
demos, partner site inquires, visits from
market place, visits from referring
keywords and campaigns
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 15
16. Opportunities Stage: Validate
Sales Contact vendors and validate selection
Where: Website, peer social
pages, your public profiles, industry
analysts, bloggers, ppers
Validate
Contacts/Leads
What: Validate that your product does
Marketing
deliver the outcomes and delivers
Marketing
Buyers‟ claims you made
Social
Framework How: Free trial, ROI calculator, case
studies, customer testimonials
Call to action: Start your free
trial, free sample, customer references
What to measure:
Free trials signups, lead source, visit
referal type, conversion pages, referring
keywords, referring campaign
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 16
17. Why Do This?
• Accelerate sales by 3
to 5 times
• Reduce cost of sales
by 30+%
• Viral word-of-mouth
evangelism
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 17
18. 4 Steps to Faster Growth
1. …
Know where your
customers go and with
whom they talk
2. Align to how customers
buy
3. „Close‟ faster by helping
buyers validate decisions.
4. Deliver the experience
customers want
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 18
19. Questions?
Christine.crandell@newbizs.com
+1.415.309.7017
Blog: www.christinecrandell.com
Forbes Blog: blogs.forbes.com/christinecrandell
Twitter: @chriscrandell
© 2011 NBS Consulting Group, Inc. Tel: 415.309.7017 19
Editor's Notes Identify – what looking forDestination – where goConversation – who “talk” toAction Taken – what doLearned – what learnedAnd it starts all over again for each step in the Buyers Journey and for each Persona or role. Why the Buyer Enablement is important Why the Buyer Enablement is important Why the Buyer Enablement is important Why the Buyer Enablement is important