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The 21st Century Sales Warrior
 Work Smarter. Sell Better.
Nicholas Kontopoulos,
Global CRM Marketing Director, Singapore, 2012
Sales BC   ( Before Computers)
Rainmaker
Product Expert
Schmoozer
Golf Buddy
Lone Wolf
Fast Forward



to Sales   AD
           (After Digital)
Who
is the 21st Century customer?
The 20th century was all about
telling customers
what they wanted.
There has been a
Revolution
The 21st Century decision maker is now

Digitally armed
Customers have a greater range of

choice.
Customers are now driving the
conversation
Customer-Intimacy: Key CEO Focus
Top focus areas in next five year




 Source: 2010 IBM Global CEO Study: Capitalizing on Complexity
There are some significant
challenges facing the
CEO and their sales leadership.
Did you know
Over 40% of salespeople
fail to hit quota


30% of salespeople
turnover each year

It takes on average,
seven months to ramp-up
                          ?
a salesperson

Source: Forrester & IDC
Did you know
65% of a salesperson’s time




                                        ?
is spent not selling


30 hours are spent searching for
or creating their own sales materials

90% of marketing deliverables
are not used by sales



 Source: Forrester & IDC
Meet John Smith
Age: 30 something
Occupation: Sales executive
Hobbies: Sports & beer
Marital Status: Married + 2 kids
Pressure is building up…
                                                        Sales cycles are
                                                         getting longer
    Customers are better
     informed than me            My deals are getting
                                 far more competitive                        Need to
                                                                             improve

                              HELP
  My clients are talking to       Word                                      customer
 one another via LinkedIn       of mouth                                      loyalty


                              ME!
   about our company

                               My territory has
      Need to reduce           been expanded
       cost of sale

Where did I file        Who are my most
                                                                           Need expert
that proposal?          profitable clients?
                                                                             support
                                                                           on this deal?
  Need to be able
  to provide more                                                         Lean
accurate forecasting                                                   Management

   Which deck
  Should I use?
So how do you go from here…
                                                        Sales cycles are
                                                         getting longer
    Customers are better
     informed than me            My deals are getting
                                 far more competitive                        Need to
                                                                             improve

                              HELP
  My clients are talking to       Word                                      customer
 one another via LinkedIn       of mouth                                      loyalty


                              ME!
   about our company

                               My territory has
      Need to reduce           been expanded
       cost of sale

Where did I file        Who are my most
                                                                           Need expert
that proposal?          profitable clients?
                                                                             support
                                                                           on this deal?
  Need to be able
  to provide more                                                         Lean
accurate forecasting                                                   Management

   Which deck
  Should I use?
TO HERE?
21st Century Sales

Warrior
“It’s not all about the technology.”
The 20th Century was
all about relationships




                          The 21st Century is about
                            People + Process
                              + Technology
Anatomy of
a Great
Sales Person
 Empathetic

 Problem Solver

 Communicator

 Trustworthiness

 Sociable

 Passionate
21st Century
Sales Warriors
They ask better questions

They listen more constructively

They’re obsessed with
time management

They are more creative

They research their clients

They are more like engineers

They collaborate
Sales need to…




     …orchestrate the deal
Ok, but what do sales
need in order to be able
to orchestrate a deal
in today's digital landscape?
Insight
Make Better Decisions
Big data
Can Marketing Lift Stock Prices?

                   Used analytics to determine
                   “Customer lifetime value”


                   5 years of data was crunched for two
                   Fortune 1,000 companies (B2B & B2C).


                   9 month field experiment using specific
                   marketing strategies based on the
                   “customer lifetime value” of each
                   customer or customer segment.

                   90% of both companies profits were
                   being generated by 20% of their clients.
Can Marketing Lift Stock Prices?




                   B2B company stock increased
                   33% nine months after experiment.
                   Top 3 competitors stock increased 12%.


                   B2C company stock increased 58%
                   nine months after experiment. The top
                   3 competitors stock increased 15%.
Eye Candy
In-Memory Sales Volume Analysis
Sales Incentives, Rebates and Commissions
Collaboration
Harness the collective wisdom of the crowd
One Team = Collaboration




                    “You lose”


“We win”


           (LESS)                (MORE)
Agility
Information on the move
Did you know?
That there are now more mobile phones
(4 billion) vs. toothbrushes (2 billion)?
The number of mobile workers
isgrowing faster
than the overall workforce.”




  User Survey Analysis: Remote Worker Communications Applications and Services, Worldwide
Work Smarter. Anytime. Anywhere
Instant Updates
on the Road

Bakery and food service
sales representatives
update opportunities and
customer data in real-time,
improving sales productivity
Impact
Make Every Sales
Conversation Count
New Engagement Model

            Sales Funnel      Customer Journey
                                 (Online & Offline)




Source: St. Elmo Lewis 1898
Basics of B2B Sales Success
                  “B2B customers say they care most
                  about product and price...
                  ...but, what they really want is a great
                  sales experience.”


                  55% of the behaviour customers
                  described as “most destructive”:
                  - failing to have adequate
                    product knowledge
                  - contacting customers
                    too frequently


                  “we found customers were more than
                  happy to use self-serve or online
                  tools and selectively tap specialist
                  support for the most complex situations.”
We’re all competing for
 the precious and
least replaceable asset:
           time.
One customer, one enterprise,

one experience.
So, I understand that there
is now a new “Sales
Paradigm” and that sales
needs to evolve. But, what else
do I need to consider when
shaping my 21st Century Sales
Warrior strategy?
Key questions to consider.

Do we know who our most
valuable customers are?




                                   ?
Are we able to spot changes
in purchasing behaviour?

What are the most influential
drivers of the sales experience?

What actions are your sellers
doing which may result in a
negative sales impact?
Avoid diet pill approach
Short Term Gains
Over   70%      of all
CRM projects through to
2015 will be viewed as

failures           , if there
is no CRM strategy to drive
why a firm is doing them.”

                          – Scott Nelson, Gartner
Competitive Advantage
Requires Hard Work
Omnicell Inc.
                “99% order accuracy”

                tightly integrated SAP CRM with SAP
                manufacturing and financial systems
                to achieve “near-perfect order
                and shipment accuracy “

                Omnicell can now track the on-time
                delivery rate of its third-partly
                logistics (3PL) provider.

                “Support incidents are down 67%”

                “The new visibility helps
                managers by providing accurate
                margins, sales forecasts
                and an integrated view into the
                opportunity-to-revenue process”
Key Takeaways
Activity
                                                        Management

             Mobility              Forecasting
                                                                                Territory
                                                                               Management



                                                                     Selling
                                                 SALES VP            Process

                  Expenses
                 Management



                                                                                      Lead
  Pipeline                                                                         Management
Management
                                                                   Margin
                              Commission                         Management
                              Management




                Effective                            Content                       Social
              Collaboration                        Management                      Selling
Effective
                                 Collaboration
                                                        Activity
                 Forecasting                          Management




      Mobility                                                     Selling
                                                                   Process




                                 SALES VP

 Expenses                                                                 Territory
Management                                                               Management




                                 Digital Hub
    Pipeline                                                          Margin
  Management                                                        Management




             Commission                                        Lead
             Management                                     Management


                             Content             Social
                           Management            Selling
Evolution is not
a force but a process.”




                   – John Morley
Think BIG
& Start Small
Delivered simply
& conveniently
Data




Insight          Collaboration




Agility          Impact
Intimacy
Everything begins & ends
with the customer


21st Century Sales Warrior

 1 Deliver Insight


 2 Drive Collaboration


 3 Enable Agility


 4 Create Impact
21st Century Sales

Warrior
Value gets created between
the employee and the customer,
and management’s job
   enable
is to

innovation at
that interface.”

                       – Vineet Nayar, HCL
Thank You!
                 Feel free in connecting with me @

                                      #nicholask71

                                      http://cn.linkedin.com/in/nicholaskontopoulos




© 2011 SAP AG. All rights reserved.                                                   Confidential   67
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 © 2011 SAP AG. All rights reserved.                                                                 Confidential   68
© 2011 SAP AG. All rights reserved


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 © 2011 SAP AG. All rights reserved.                                                                                                                                        Confidential            69

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The 21st Century Sales Warrior: Work Smarter. Sell Better

  • 1. The 21st Century Sales Warrior Work Smarter. Sell Better. Nicholas Kontopoulos, Global CRM Marketing Director, Singapore, 2012
  • 2. Sales BC ( Before Computers)
  • 8. Fast Forward to Sales AD (After Digital)
  • 9. Who is the 21st Century customer?
  • 10. The 20th century was all about telling customers what they wanted.
  • 11. There has been a Revolution
  • 12. The 21st Century decision maker is now Digitally armed
  • 13. Customers have a greater range of choice.
  • 14. Customers are now driving the conversation
  • 15. Customer-Intimacy: Key CEO Focus Top focus areas in next five year Source: 2010 IBM Global CEO Study: Capitalizing on Complexity
  • 16. There are some significant challenges facing the CEO and their sales leadership.
  • 17. Did you know Over 40% of salespeople fail to hit quota 30% of salespeople turnover each year It takes on average, seven months to ramp-up ? a salesperson Source: Forrester & IDC
  • 18. Did you know 65% of a salesperson’s time ? is spent not selling 30 hours are spent searching for or creating their own sales materials 90% of marketing deliverables are not used by sales Source: Forrester & IDC
  • 19. Meet John Smith Age: 30 something Occupation: Sales executive Hobbies: Sports & beer Marital Status: Married + 2 kids
  • 20. Pressure is building up… Sales cycles are getting longer Customers are better informed than me My deals are getting far more competitive Need to improve HELP My clients are talking to Word customer one another via LinkedIn of mouth loyalty ME! about our company My territory has Need to reduce been expanded cost of sale Where did I file Who are my most Need expert that proposal? profitable clients? support on this deal? Need to be able to provide more Lean accurate forecasting Management Which deck Should I use?
  • 21. So how do you go from here… Sales cycles are getting longer Customers are better informed than me My deals are getting far more competitive Need to improve HELP My clients are talking to Word customer one another via LinkedIn of mouth loyalty ME! about our company My territory has Need to reduce been expanded cost of sale Where did I file Who are my most Need expert that proposal? profitable clients? support on this deal? Need to be able to provide more Lean accurate forecasting Management Which deck Should I use?
  • 24. “It’s not all about the technology.”
  • 25. The 20th Century was all about relationships The 21st Century is about People + Process + Technology
  • 26. Anatomy of a Great Sales Person Empathetic Problem Solver Communicator Trustworthiness Sociable Passionate
  • 27. 21st Century Sales Warriors They ask better questions They listen more constructively They’re obsessed with time management They are more creative They research their clients They are more like engineers They collaborate
  • 28. Sales need to… …orchestrate the deal
  • 29. Ok, but what do sales need in order to be able to orchestrate a deal in today's digital landscape?
  • 32. Can Marketing Lift Stock Prices? Used analytics to determine “Customer lifetime value” 5 years of data was crunched for two Fortune 1,000 companies (B2B & B2C). 9 month field experiment using specific marketing strategies based on the “customer lifetime value” of each customer or customer segment. 90% of both companies profits were being generated by 20% of their clients.
  • 33. Can Marketing Lift Stock Prices? B2B company stock increased 33% nine months after experiment. Top 3 competitors stock increased 12%. B2C company stock increased 58% nine months after experiment. The top 3 competitors stock increased 15%.
  • 36. Sales Incentives, Rebates and Commissions
  • 38. One Team = Collaboration “You lose” “We win” (LESS) (MORE)
  • 39.
  • 41. Did you know? That there are now more mobile phones (4 billion) vs. toothbrushes (2 billion)?
  • 42.
  • 43. The number of mobile workers isgrowing faster than the overall workforce.” User Survey Analysis: Remote Worker Communications Applications and Services, Worldwide
  • 45. Instant Updates on the Road Bakery and food service sales representatives update opportunities and customer data in real-time, improving sales productivity
  • 47. New Engagement Model Sales Funnel Customer Journey (Online & Offline) Source: St. Elmo Lewis 1898
  • 48. Basics of B2B Sales Success “B2B customers say they care most about product and price... ...but, what they really want is a great sales experience.” 55% of the behaviour customers described as “most destructive”: - failing to have adequate product knowledge - contacting customers too frequently “we found customers were more than happy to use self-serve or online tools and selectively tap specialist support for the most complex situations.”
  • 49. We’re all competing for the precious and least replaceable asset: time.
  • 50. One customer, one enterprise, one experience.
  • 51. So, I understand that there is now a new “Sales Paradigm” and that sales needs to evolve. But, what else do I need to consider when shaping my 21st Century Sales Warrior strategy?
  • 52. Key questions to consider. Do we know who our most valuable customers are? ? Are we able to spot changes in purchasing behaviour? What are the most influential drivers of the sales experience? What actions are your sellers doing which may result in a negative sales impact?
  • 53. Avoid diet pill approach Short Term Gains
  • 54. Over 70% of all CRM projects through to 2015 will be viewed as failures , if there is no CRM strategy to drive why a firm is doing them.” – Scott Nelson, Gartner
  • 56. Omnicell Inc. “99% order accuracy” tightly integrated SAP CRM with SAP manufacturing and financial systems to achieve “near-perfect order and shipment accuracy “ Omnicell can now track the on-time delivery rate of its third-partly logistics (3PL) provider. “Support incidents are down 67%” “The new visibility helps managers by providing accurate margins, sales forecasts and an integrated view into the opportunity-to-revenue process”
  • 58. Activity Management Mobility Forecasting Territory Management Selling SALES VP Process Expenses Management Lead Pipeline Management Management Margin Commission Management Management Effective Content Social Collaboration Management Selling
  • 59. Effective Collaboration Activity Forecasting Management Mobility Selling Process SALES VP Expenses Territory Management Management Digital Hub Pipeline Margin Management Management Commission Lead Management Management Content Social Management Selling
  • 60. Evolution is not a force but a process.” – John Morley
  • 63. Data Insight Collaboration Agility Impact
  • 64. Intimacy Everything begins & ends with the customer 21st Century Sales Warrior 1 Deliver Insight 2 Drive Collaboration 3 Enable Agility 4 Create Impact
  • 66. Value gets created between the employee and the customer, and management’s job enable is to innovation at that interface.” – Vineet Nayar, HCL
  • 67. Thank You! Feel free in connecting with me @ #nicholask71 http://cn.linkedin.com/in/nicholaskontopoulos © 2011 SAP AG. All rights reserved. Confidential 67
  • 68. Legal Disclaimer The information in this presentation is confidential and proprietary to SAP and may not be disclosed without the permission of SAP. This presentation is not subject to your license agreement or any other service or subscription agreement with SAP. SAP has no obligation to pursue any course of business outlined in this document or any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation and SAP's strategy and possible future developments, products and or platforms directions and functionality are all subject to change and may be changed by SAP at any time for any reason without notice. The information in this document is not a commitment, promise or legal obligation to deliver any material, code or functionality. This document is provided without a warranty of any kind, either express or implied, including but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. This document is for informational purposes and may not be incorporated into a contract. SAP assumes no responsibility for errors or omissions in this document, except if such damages were caused by SAP´s willful misconduct or gross negligence. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates, and they should not be relied upon in making purchasing decisions. © 2011 SAP AG. All rights reserved. Confidential 68
  • 69. © 2011 SAP AG. All rights reserved No part of this publication may be reproduced or transmitted in any form or for any purpose Business Objects and the Business Objects logo, BusinessObjects, Crystal Reports, Crystal without the express permission of SAP AG. The information contained herein may be changed Decisions, Web Intelligence, Xcelsius, and other Business Objects products and services without prior notice. mentioned herein as well as their respective logos are trademarks or registered trademarks of Business Objects Software Ltd. Business Objects is an SAP company. Some software products marketed by SAP AG and its distributors contain proprietary software components of other software vendors. Sybase and Adaptive Server, iAnywhere, Sybase 365, SQL Anywhere, and other Sybase Microsoft, Windows, Excel, Outlook, and PowerPoint are registered trademarks of Microsoft products and services mentioned herein as well as their respective logos are trademarks or Corporation. registered trademarks of Sybase, Inc. Sybase is an SAP company. IBM, DB2, DB2 Universal Database, System i, System i5, System p, System p5, System x, System z, All other product and service names mentioned are the trademarks of their respective System z10, System z9, z10, z9, iSeries, pSeries, xSeries, zSeries, eServer, z/VM, z/OS, i5/OS, S/390, companies. Data contained in this document serves informational purposes only. National OS/390, OS/400, AS/400, S/390 Parallel Enterprise Server, PowerVM, Power Architecture, POWER6+, product specifications may vary. POWER6, POWER5+, POWER5, POWER, OpenPower, PowerPC, BatchPipes, BladeCenter, System The information in this document is proprietary to SAP. No part of this document may be Storage, GPFS, HACMP, RETAIN, DB2 Connect, RACF, Redbooks, OS/2, Parallel Sysplex, MVS/ESA, AIX, reproduced, copied, or transmitted in any form or for any purpose without the express prior Intelligent Miner, WebSphere, Netfinity, Tivoli and Informix are trademarks or registered trademarks written permission of SAP AG. of IBM Corporation. This document is a preliminary version and not subject to your license agreement or any Linux is the registered trademark of Linus Torvalds in the U.S. and other countries. other agreement with SAP. This document contains only intended strategies, developments, Adobe, the Adobe logo, Acrobat, PostScript, and Reader are either trademarks or registered and functionalities of the SAP® product and is not intended to be binding upon SAP to any trademarks of Adobe Systems Incorporated in the United States and/or other countries. particular course of business, product strategy, and/or development. Please note that this document is subject to change and may be changed by SAP at any time without notice. Oracle is a registered trademark of Oracle Corporation. SAP assumes no responsibility for errors or omissions in this document. SAP does not UNIX, X/Open, OSF/1, and Motif are registered trademarks of the Open Group. warrant the accuracy or completeness of the information, text, graphics, links, or other items Citrix, ICA, Program Neighborhood, MetaFrame, WinFrame, VideoFrame, and MultiWin are contained within this material. This document is provided without a warranty of any kind, trademarks or registered trademarks of Citrix Systems, Inc. either express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. HTML, XML, XHTML and W3C are trademarks or registered trademarks of W3C®, World Wide Web Consortium, Massachusetts Institute of Technology. SAP shall have no liability for damages of any kind including without limitation direct, special, indirect, or consequential damages that may result from the use of these materials. Java is a registered trademark of Sun Microsystems, Inc. This limitation shall not apply in cases of intent or gross negligence. JavaScript is a registered trademark of Sun Microsystems, Inc., used under license for technology The statutory liability for personal injury and defective products is not affected. SAP has no invented and implemented by Netscape. control over the information that you may access through the use of hot links contained in SAP, R/3, SAP NetWeaver, Duet, PartnerEdge, ByDesign, SAP BusinessObjects Explorer, StreamWork, these materials and does not endorse your use of third-party Web pages nor provide any and other SAP products and services mentioned herein as well as their respective logos are warranty whatsoever relating to third-party Web pages. trademarks or registered trademarks of SAP AG in Germany and other countries. © 2011 SAP AG. All rights reserved. Confidential 69

Editor's Notes

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