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SMA Actionable Intelligence February 2011

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SMA Actionable Intelligence February 2011

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The Sales Management Association invited me to introduce the topic of sales enablement for one of their regular webinars. This slide deck is my portion of the hour long webinar.

The Sales Management Association invited me to introduce the topic of sales enablement for one of their regular webinars. This slide deck is my portion of the hour long webinar.

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SMA Actionable Intelligence February 2011

  1. 1. Actionable Intelligence for the Sales Organization Building Better Relationships Between Buyers & Sellers February 10, 2011 The Sales Management Association – © Copyright 2011 Presented by: Lee Levitt Sales Transformation Specialist www.thoughtsonselling.com linkedin.com/in/leelevitt @leemlevitt
  2. 2. Slide 2 Key Talking Points Actionable Intelligence for the Sales Force © Copyright 2011 Lee Levitt and The Sales Management Association • Seller Versus Buyer • The Opportunity • Intelligence In… • Intelligence Out… • Where to Get Started
  3. 3. Slide 3 Shifting Dynamics Seller Versus Buyer © Copyright 2011 Lee Levitt and The Sales Management Association • Access to information • Commoditization of offerings • Challenging economic environment
  4. 4. 0% 5% 10% 15% 20% 25% 30% Not Prepared Somewhat Prepared Prepared Very Prepared Source: IDC 2010 Voice of the Customer – Sales Rep Preparation Seller Versus Buyer
  5. 5. Slide 5 Create Healthier, More Profitable Relationships for Buyers and Sellers The Opportunity © Copyright 2011 Lee Levitt and The Sales Management Association • A new sales paradigm • Which end of the value spectrum? • Arm your sales people with “actionable intelligence” • Provide the organizational support to ensure their success • Capture intelligence to make better business decisions
  6. 6. Slide 6 Empowering the Sales Organization Intelligence In… © Copyright 2011 Lee Levitt and The Sales Management Association • What is “sales enablement”
  7. 7. Slide 7 Empowering the Sales Organization Intelligence In… © Copyright 2011 Lee Levitt and The Sales Management Association • What is “sales enablement” Sales Enablement is the delivery of the right information at the right time in the right place in the right format to the right person to help move an opportunity forward. Source: IDC 2010
  8. 8. Slide 8 Empowering the Sales Organization Intelligence In… © Copyright 2011 Lee Levitt and The Sales Management Association • What is “sales enablement” • Key components of sales enablement: • Who to call on • When to call on them • How to engage • Process before technology • Who owns the process, who assists? • Some technology & process resources: • Who to call on – Lattice Engines, InsideView • When to call – xPeerient • How to engage – Corporate Visions, LeveragePoint, Stratascope
  9. 9. Slide 9 Empowering the Organization Intelligence Out © Copyright 2011 Lee Levitt and The Sales Management Association • The Voice of the Customer • Better product planning, targeting, pricing, forecasting • Process before technology • Is your VOC consistently captured? • Account planning – do you know your SOW? • Some technology resources: • Capturing “tribal knowledge” – Savo, Kadient, SFDC • Sales dashboards – SFA, BI tools • Pricing support – LeveragePoint
  10. 10. Slide 10 Your Strategic Opportunity Where to Get Started © Copyright 2011 Lee Levitt and The Sales Management Association • What support would benefit your customers? Your sales people? Your support people? • Pick “meaty” and bounded targets • New product launches, new rep onboarding, competitive threats, partner support • Build multi-disciplinary group • Ensure support of executive team & key stakeholders • Develop key metrics & KPIs • Celebrate successes
  11. 11. The Sales Management Association – © Copyright 2010 Thank You! Lee Levitt www.thoughtsonselling.com linkedin.com/in/leelevitt @leemlevitt

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