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Embrace
       Your
  “Buyers’ Journey”

            Christine Crandell
                         March 6, 2012


© 2011 NBS Consulting Group, Inc.        Tel: 415.309.7017   1
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
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
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
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
Purchase
                                          Validate                       Delivery



                                    Evaluate          Buyers’                  Nurture

                                                       Social
                                    Search          Framework                     Value



                                           Define                        Expand
                                                     Evangelize




© 2011 NBS Consulting Group, Inc.                    Tel: 415.309.7017                    6
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
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
Discover the Invisible



                Identify
                                       Destination


                                                                     Conversation




                           Learned


                                                      Action Taken


© 2011 NBS Consulting Group, Inc.      Tel: 415.309.7017                       9
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
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
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
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
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
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
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
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
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
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

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Embrace Your Buyers' Journey

  • 1. 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

  1. 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.
  2. Why the Buyer Enablement is important
  3. Why the Buyer Enablement is important
  4. Why the Buyer Enablement is important
  5. Why the Buyer Enablement is important