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FILM
Story of Sales
Developing Your Growth IQ
How to Grow Your Business
@Tiffani_Bova
Tiffani Bova, Growth & Innovation Evangelist
WSJ Bestselling Author, Growth IQ
“Change is inevitable. Growth is optional.”
John Maxwell, Author & Entrepreneur
#1 Priority for SMBs is Growth
60%
Grow
Revenue
Top Performers:
Provide consistent experiences
across channels
Give reps single customer view
Engage proactively with
customers
Source: SMB Group Study + State of Sales, State of Marketing
#2 Priority for SMBs is New Customers
55%
60%
Grow
Revenue
New
Customers
Top Performers:
Share goals between sales &
marketing
Use customer data to create
targeted experiences
Prioritize analytic insights
Source: SMB Group Study + State of Sales, State of Marketing
Source: SMB Group Study + State of Sales, State of Marketing
#3 Priority for SMBs is Profitability
55%
46%
60%
Grow
Revenue
New
Customers
Profitability
Top Performers:
Create self-service channels
Use customer data to create
targeted experiences
Use AI & Automation
How Do You Stand Out From the Crowd?
‘“We need to get to the future
before our customers do and
welcome them when they
arrive.’’
Speed
The New Connected Experience Mandate
• Relevant & personal marketing
• Blend the digital and physical
worlds
• Identify consumers at every
touchpoint & channel
• Work everywhere
• Add new value all the time
• Deliver moments of “wow”
‘“We need to get to the future
before our customers do and
welcome them when they
arrive.’’
Speed
“My business needs to exploit
new capabilities from
innovation.’’
Technology
The Impact? Customer Expectations Have Forever Changed
1990s
Reactive
Today
Predictive
2000s
Proactive
‘“We need to get to the future
before our customers do and
welcome them when they
arrive.’’
Speed
“My company needs to exploit
new capabilities from
innovation.’’
The Customer
“The Customer is
far more disruptive
than technology.’’
Technology
Personalize Everywhere with AI
76%
of consumers expect
personalized
experiences
1-to-Many
1-to-1
Salesforce State of Connected Customer 2018
Engage Across the Entire Consumer Journey
Consumer DrivenBrand Driven Engagement Driven
• 68% of C-Suite executives expect organizations to
emphasize CX over products in the future.
• 67% of customers will pay more for a great
experience.
• Analysis shows that companies that excel in the
customer experience grow revenue 4-8%
above their market.
• 82% of business buyers want the same
experience as when they’re buying for
themselves.
Customer Experience Has Proven to be a Great Competitive
Differentiator
@Tiffani_Bova
“The lines are blurring
between B2C and B2B.
It is now ‘B2E’: Business to
Everything, Everyone and
Every Experience.”
That is the Opportunity – Here is the Reality
Source: Salesforce, Connected Customer
51%
say most companies
fall short of
their experience
expectations
57%
have stopped buying
from a company
because a competitor
provided a better
experience
“We don’t have a technology
problem. We have a people
and process problem.”
@Tiffani_Bova
“85% of executives surveyed, and a full 94%
of those running companies with more than
$5 billion in revenue, said that internal, not
external, obstacles keep their companies from
growing profitably.”
Source: Bain & Company, GrowthIQ
Marketing, Sales, Service and Partner/Alliances not aligned
Start with the People and Processes (Inside-Out)
Disconnected Teams:
Marketing, Service and
Sales are siloed
Disconnected Experiences:
Buyer Needs vs. Internal
Processes
Disconnected Metrics:
Goals are misaligned
• 64% of consumers are willing to pay more for
simpler experiences.
• Only about 22% of businesses are satisfied with
their conversion rates.
• 44% of sales organizations list ‘Optimize Sales’ as
a top sales objective.
• 54% of sales organizations do not formally align
their sales process, other aspects of how they sell,
to the specific journey taken by customers.
Optimize Sales
• Start with a ‘beginners mind.’
• Build your growth map based on context.
• Don’t chase your perceived competition.
• Combine the paths that fit your customers and
capabilities.
• Your differentiation will be your mental model.
• Empower each other. It starts with you.
Growth is a Thinking Game
Continue boosting your Growth IQ
Read the Research.
Watch the Movie.
https://www.salesforce.com/research/
Learn the Future of Sales
https://www.slideshare.net/Salesforce/th
e-future-of-sales-109140449
Read the Book: Growth IQ
http://tiffanibova.com/GrowthIQ
Basecamp Stockholm - Tiffani Bova presentation

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Basecamp Stockholm - Tiffani Bova presentation

  • 2.
  • 3. Developing Your Growth IQ How to Grow Your Business @Tiffani_Bova Tiffani Bova, Growth & Innovation Evangelist WSJ Bestselling Author, Growth IQ
  • 4. “Change is inevitable. Growth is optional.” John Maxwell, Author & Entrepreneur
  • 5. #1 Priority for SMBs is Growth 60% Grow Revenue Top Performers: Provide consistent experiences across channels Give reps single customer view Engage proactively with customers Source: SMB Group Study + State of Sales, State of Marketing
  • 6. #2 Priority for SMBs is New Customers 55% 60% Grow Revenue New Customers Top Performers: Share goals between sales & marketing Use customer data to create targeted experiences Prioritize analytic insights Source: SMB Group Study + State of Sales, State of Marketing
  • 7. Source: SMB Group Study + State of Sales, State of Marketing #3 Priority for SMBs is Profitability 55% 46% 60% Grow Revenue New Customers Profitability Top Performers: Create self-service channels Use customer data to create targeted experiences Use AI & Automation
  • 8. How Do You Stand Out From the Crowd?
  • 9. ‘“We need to get to the future before our customers do and welcome them when they arrive.’’ Speed
  • 10. The New Connected Experience Mandate • Relevant & personal marketing • Blend the digital and physical worlds • Identify consumers at every touchpoint & channel • Work everywhere • Add new value all the time • Deliver moments of “wow”
  • 11. ‘“We need to get to the future before our customers do and welcome them when they arrive.’’ Speed “My business needs to exploit new capabilities from innovation.’’ Technology
  • 12. The Impact? Customer Expectations Have Forever Changed 1990s Reactive Today Predictive 2000s Proactive
  • 13. ‘“We need to get to the future before our customers do and welcome them when they arrive.’’ Speed “My company needs to exploit new capabilities from innovation.’’ The Customer “The Customer is far more disruptive than technology.’’ Technology
  • 14. Personalize Everywhere with AI 76% of consumers expect personalized experiences 1-to-Many 1-to-1 Salesforce State of Connected Customer 2018
  • 15. Engage Across the Entire Consumer Journey Consumer DrivenBrand Driven Engagement Driven
  • 16. • 68% of C-Suite executives expect organizations to emphasize CX over products in the future. • 67% of customers will pay more for a great experience. • Analysis shows that companies that excel in the customer experience grow revenue 4-8% above their market. • 82% of business buyers want the same experience as when they’re buying for themselves. Customer Experience Has Proven to be a Great Competitive Differentiator
  • 17. @Tiffani_Bova “The lines are blurring between B2C and B2B. It is now ‘B2E’: Business to Everything, Everyone and Every Experience.”
  • 18. That is the Opportunity – Here is the Reality
  • 19. Source: Salesforce, Connected Customer 51% say most companies fall short of their experience expectations 57% have stopped buying from a company because a competitor provided a better experience
  • 20. “We don’t have a technology problem. We have a people and process problem.” @Tiffani_Bova
  • 21. “85% of executives surveyed, and a full 94% of those running companies with more than $5 billion in revenue, said that internal, not external, obstacles keep their companies from growing profitably.” Source: Bain & Company, GrowthIQ
  • 22. Marketing, Sales, Service and Partner/Alliances not aligned Start with the People and Processes (Inside-Out) Disconnected Teams: Marketing, Service and Sales are siloed Disconnected Experiences: Buyer Needs vs. Internal Processes Disconnected Metrics: Goals are misaligned
  • 23. • 64% of consumers are willing to pay more for simpler experiences. • Only about 22% of businesses are satisfied with their conversion rates. • 44% of sales organizations list ‘Optimize Sales’ as a top sales objective. • 54% of sales organizations do not formally align their sales process, other aspects of how they sell, to the specific journey taken by customers. Optimize Sales
  • 24. • Start with a ‘beginners mind.’ • Build your growth map based on context. • Don’t chase your perceived competition. • Combine the paths that fit your customers and capabilities. • Your differentiation will be your mental model. • Empower each other. It starts with you. Growth is a Thinking Game
  • 25. Continue boosting your Growth IQ Read the Research. Watch the Movie. https://www.salesforce.com/research/ Learn the Future of Sales https://www.slideshare.net/Salesforce/th e-future-of-sales-109140449 Read the Book: Growth IQ http://tiffanibova.com/GrowthIQ