Trends in Sales Effectiveness in a Sales 2.0 World
What’s happened in the markets?You are hereNASDAQDOWFTSE
Not so much a recession as …A restructuring of the economic order / creative destruction in actionDislocated value creation – imbalance of valueLittle innovation / reinventionUnwillingness to self-disrupt
Not so much a recession as …A restructuring of the economic order / creative destruction in actionDislocated value creation – imbalance of valueLittle innovation / reinventionUnwillingness to self-disruptDemands
Behavioral innovation – Apple, Amazon, Google
True Difference vs Differentiation
Real Mutual Value Creation vs Positioned ValueWhat’s happened in the markets?Are customers getting more demanding?
How much do you trust business?
How much do you trust business?
Who do you trust?
Who do you trust?
People, Process, Technology – Today?
Sales cycles are changing
How long does it take to lose a sale??
How long does it take to lose a sale?
What’s happening to sales cycles?2008?2009
What’s happening to sales cycles?2008-23%2009
The Buying CycleThe Selling CycleIdentify NeedsQualifyVisualize SolutionsRequirementsEvaluate AlternativesEvidenceNegotiate TermsAcquisitionPurchaseOrderRe-evaluateManage
Changing Sales Engagement?
Everyone’s in a hurryEveryone is in a hurry!
What’s changing with customers?
Key Question #1Why is the customerabout to say no?
Much more collaboration Internal
 External And co-creation of value
No more “One-size-fits-all”
Are Sales People changing: What Motivates?Compensation or IncentivesThe thrill of the chaseMaking progress or winningRecognition
What motivates Sales People?The thrill of the chase Compensation / IncentivesRecognition Making progress or winning
What most frustrates sales managers?
Is this your sales team?
For each task what’s the importance level?
For each task what’s the importance level?
What’s your opinion of CRM?What’s in it for mePrimarily for management Somewhat usefulI wish it never existedCouldn’t live without it
What’s missing from CRM systems?Sales MethodologyCollaboration Tools Account ManagementSales Process Accurate Sales Forecast
The ‘Agile Imperative’
Software Development AnalogyRequirementsWaterfall MethodAnalysisSpecificationDesignCodingTestingDeployAgile MethodOverall Strategic Development Plan / Oversight
Agile BusinessManagementTraditional Business InnovationStrategicBusiness ModelProductProcessTechnologyDeliverAgile MethodOverall Strategic Development Plan / Oversight
10 Things to consider …Re-conceive ‘value creation’ and valuesVolatility is here to stay – ability to respond is criticalDemands Now Information now and metricsSystems must provide “show progress” for salesEnable easy sales process /methodology complianceFix the CRM forecasting problem – true smart dataBuild-in predictive loss alerts / active coaching?Facilitate transparent collaboration with customersMaintain organizational agility – “Rightful Impatience”Applied Innovation
Innovation

Sales Effectiveness in a Sales 2.0 World

Editor's Notes

  • #22 Value in exchange is being replaced by value in use – customers only create value when they use the product
  • #32 Consultants domt care about sales