SlideShare a Scribd company logo
1 of 21
Download to read offline
OUTMANEUVER UNCERTAINTY NOW NEXT
June 2020
TheNewWorld
ofB2BSales
React, Adapt, Rise
2
OUTMANEUVER
UNCERTAINTY
As the health and humanitarian impacts of the COVID-19
pandemic evolve, so do the business and economic
challenges. Organizations looking to balance their
immediate needs with longer-term opportunities will see the
trade-offs play out across three waves of impact: the Now,
the Next and the Never Normal.
The Now includes an emphasis on supporting people,
customers and suppliers. The Next will feature refocusing
the business to withstand new threats and seize new
opportunities. And the Never Normal will require navigating
rapid shifts in cultural norms, values and behaviors.
This is the moment to reinvent business models and
reintegrate the value organizations provide into a new
societal landscape. The time to shape a mindset of bold
business transformation powered by new approaches to
technology and responsible leadership is underway.
3
Steven Soechtig
Managing Director,
Customer Sales & Service Strategy
Unprecedented economic
pressure is mounting. To survive
and thrive, businesses need to
remain flexible and resilient while
looking to the future. The time is
now to radically redefine how
they operate to emerge stronger.
Proactively outpacing change is
essential. B2B sales methods must
pivot in response—and create
measurable results fast.”
“
4
Purchasing power is shifting
fast, the demand for digital
channels is rising. As a result,
the risk of commoditization
is higher than ever. Future
market leaders must nimbly
pivot to retain customers,
protect revenues and realign
go-to-market investments.
The good news?
Out of adversity springs
opportunity. Challenges
create new dynamics that
ignite growth.
Companies that adapt quickly and rise from this
crisis as market leaders will confidently answer
these questions:
NOW
• How do I stay ahead of constantly changing customer needs?
• How do I enable a virtual selling process that drives sales?
• How do I keep a remote salesforce engaged and productive?
NEXT
• How do I make my offering stand out from the competition in a digital world?
• How do I seamlessly blend virtual and traditional sales channels?
• How do I best gather and stay close to all customer demand signals?
• How do I pivot a B2B sales culture that focuses on value?
• Which new strategies can I leverage to decrease cost and
increase productivity?
• Which virtual tools should I continue to use in the future?
5
In this perspective, we explore how COVID-19 and its economic consequences will impact the future of B2B selling. The old rule
book is a thing of the past. It’s time to embrace the unpredictable. Enterprises should take new and different strategic steps now
to capture the market share while keeping pace with constantly changing customer demand.
For organizations preparing for the next, they should
consider these five powerful B2B sales dynamics
02
Refocus
the Salesforce
Define the New
Sales Journey
03
Reimagine
the Offer
Embrace New Narratives,
Approaches and Terms
05
Re-enable your
Sales Team
Make it Real Time,
Guided and Easy
04
Reset your
Sales Approach
Align, Measure and
Incentivize for Outcomes
01
Rediscover
your Customer
Stay Close to
Stay Relevant
6
Historical customer insights are irrelevant. What matters
is the now.
B2B buyer priorities are changing completely. COVID-19 is
forcing tectonic shifts in demand throughout the global
economy. In some cases, the crisis is sparking growth. In
others, demand is dwindling due to the lockdown and the
economic aftershocks that followed.
In response, leaders are pioneering innovative ways of
tapping into and understanding customers’ needs while
reimagining a hopeful post-crisis future. How? By proactively
reaching out with empathetic, custom messaging and
making concerted efforts to transform customer needs
into value-driven solutions.
The leaders of tomorrow are modifying their organizations’
sales priorities using a powerful blend of person-to-person
communication, predictive analytics and AI engines. That’s
because they know, in these changing times, meaningful
customer connections and insights are critical to surviving
and thriving today and in the days ahead.
RediscoverYourCustomer
StayClosetoStayRelevant
01
7
HowtoRespond
Rediscover your customers, meet their new needs and continuously delight them
Create Real-Time
Customer View
• Throw Out Your Old Rule Book
Pre-COVID-19 customer trends and
predictive models no longer hold true
in the new environment; get to know
your customer again; help them
identify their evolving needs in this
ever-changing market
• Create New Situational Awareness
Provide your sales teams with critical,
always up-to-date local market- and
customer-specific insights
• Lead from the Front
Sales managers have visibility and are
engaged to monitor the seller activity;
provide them proactive coaching and
share the latest leading practices
Drive Proactive Outreach
• Right Customer, Right Message,
Right Time
Always target the right customer with
the right message; keep communication
timely, relevant, reflective and tailored
to each customer’s unique situation
and needs
• Stay in Sync
Maintain consistency across marketing,
service and channel partners using an
effective blend of digital, virtual and in-
person interactions
• Return to Big-O Origination
Refocus on the new logo acquisition and
align sellers with advanced origination
skills to the most important prospect and
customer relationships
• Respond with Urgency
Enable virtual assistants to improve
responsiveness to customer inquiries,
sale and service needs
Listen, Learn and Adjust
as You Go
• Activate Listening Posts
Proactively solicit and analyze
feedback from customers and your
go-to-market teams
• Measure for New Results
Infuse your customer campaigns with
insightful KPIs; learn from client
responses and drive continuous
outreach in the new environment
• Respond with Agility
Rapidly execute changes based on the
client response by segment, industry
and channel
• Choose Leads Wisely
Take advantage of the time to only
focus on critical improvements to
boost sellers’ productivity, client
conversion and value delivered
8
Government-mandated shelter-in-place and social distancing guidelines
across the globe have forced organizations to move field sales inside for the
foreseeable future.
This sudden tectonic shift has left many in the industry asking, “Now, what?”
How can sales survive and even thrive in these new and dramatically
different times?
Smart organizations are scrambling to boost the effectiveness of their virtual
sales teams, and fast. How? By completely redefining their sales journeys inside out.
In the process, they’re uncovering new moments of truth and streamlining
their sales approaches to deliver exponentially more convenience and visibility to
all customer interactions. Take GE Healthcare, for example. The company freshly
redesigned a new COVID-19 patient monitoring software that could be quickly
distributed to hospitals.1
In fact, according to Accenture research, 46% of SMBs have invested in increased
infrastructure in ways that render it more virtual, online or contactless.2
Bold new ways of using virtual tools within the B2B selling realm have allowed
companies to maintain business continuity. Exponentially more interactions with
customers and partners have gone virtual. This swift, industry-wide switch to
digital-first has also fueled a sharp increase in tech-savviness of B2B selling teams.
It’s a welcome pivot that’s ripe with the potential to drive productivity
and engagement.
The global pandemic has upended sales operations at many organizations. But,
thanks to new technologies, many are recovering quickly and finding some silver
linings. Sales teams are getting used to virtually connecting with customers more,
and they hope this new habit stays for good once stay-at-home restrictions
are lifted.
RefocustheSalesforce
DefinetheNewJourney
02
Across the US, UK and EU,
the B2B site traffic saw a
32% year-over-year (YoY)
increase in the week closing
March 29, while sales fell
17% YoY.3
B2B sales teams are at an
inflection point. What used
to fill the funnel won’t
fill the funnel anymore.
Refocusing on defining new
digital sales journeys is a
must for what is to come.”
Jennifer Lidsky
Managing Director
Customer Sales & Service Strategy
“
9
HowtoRespond
Prioritize the strongest opportunities, tear up the playbook and strive for success
Double Down on
High-Value Opportunities
• Narrow the Sales Funnel
Manage the early-stage offering pipeline
and move away from numerous unqualified
opportunities. Why? In an economic
downturn, quantity must quickly shift
to quality
• Ensure New Wins Stay Won
Assume any deal won—but not closed
and delivered—is at risk
• Put Your Sales Talent Where the Money Is
Evaluate your top sales talent to serve the
highest-value potential customer segments
and opportunities
Redefine the Sales
Playbook
• Focus on Selling Moments that Matter
Carve out an early competitive edge by
elevating the core “moments of truth”
in your sales interactions; pay careful
attention to not only the communication
tools you use, but most importantly,
to people and their emotions
• Harness the Power of New Lead Sources
Look beyond all the usual places when
sourcing leads, as they are no longer
relevant; instead, tap into promising
social media exchanges, referrals from
existing customers and service interactions
• Forge Virtual Relationships, Not Just a
Digital Presence
Pinpoint opportunities in the sales process
to blend digital and virtual (telepresence)
interactions to cultivate personal
connections with your customers
Execute to Win Every Deal
• Help Your Sellers Sell (In the Now)
Update win strategies and sales
materials to position your products and
services to reflect new needs and
priorities of customers
• Price to Win
Consistently monitor competitor and
market pricing and price offerings
accordingly to win every deal
• Up Your Sales Coaching Game
Continuously train your sales teams on
the new digital and virtual deal execution
methods and tools; turn your sales
managers into expert deal coaches to
amplify what’s working across the
sales teams
10
ReimaginetheOffer
EmbraceNewNarratives,
ApproachesandTerms
03
The economic environment created by the COVID-19 pandemic
has set into motion a nearly unprecedented decline in company
revenues and market capitalization.
To stay relevant, B2B sales organizations must anticipate these
massive shifts by understanding changing customer buyer
patterns and unmet needs. They must also actively test, learn
and accordingly reposition their interactions, offers, messaging
and deal terms to fit these new needs.
For example, a study revealed that 93% of leading sales
organizations agree that their sellers effectively communicate
value messages that are relevant to buyers’ needs, versus
43% of other organizations.4
Bottom line: While creating new opportunities, B2B sales
organizations must not neglect their current customers.
Retaining customers via creative commercial strategies—and at
the same time attracting new customers—is critical to
recapturing growth in the post-COVID-19 future.
11
HowtoRespond
Meet customers’ new needs by reinventing and diversifying dynamic offers
Mine for Undetected
Customer Needs
Reinvent and Diversify
Dynamic Offers
Create Customized
Commercial Terms
• Uncover New Signals to Demand
Continually scan the horizon for changes
in supply and demand across relevant
geographies, regions and local markets
• Tap into Dark Customer Data
Take advantage of emerging customer data
sources and predictive AI tools to achieve
the optimal customer targeting and uncover
new propensity-to-buy shifts in real time. For
example, sales teams for leading food
service distribution companies are using
anonymized geo-spatial data, social media
sentiment, and government announcements
to identify geographic hot-spots to target as
the economy reopens.
• Innovate with Agility
Build creative cross-functional teams
to pioneer new service offerings and
enhancements; embrace an agile
innovate-test-learn-refine approach
• Refresh and Provide the Unprovided
Repurpose existing products and services to
meet and exceed unfulfilled or new customer
needs
• Tailor Offers for Digital Interactions
Bundle and repackage deals to create hybrid
business and work-from-home products and
services that are more reflective of the times
• Team Up to Boost Value
Establish new and shared revenue
streams with channel partners
(for example, package complimentary
products and value-added services)
• Monetize Services to Win
Build and tailor new services to complement
existing products and broaden services
around core offers
• Expand into Adjacent Areas
Piggyback on your core competencies to
innovate new, future-ready products that
seamlessly dovetail with existing offerings
• Ready, Set, Negotiate
Establish commercial command centers
made up of sellers, negotiators and finance
specialists to govern critical deal terms and
triage customer concession requests
• Manage Your Exposure
Understand your customers’ unique financial
conditions; this will allow you to tailor
optimal commercial terms, extend credit and
mitigate the repayment risk
• Intervene Early to Retain
Target commercial interventions to retain
your most critical customers
• Anticipate New Commercial Realities
Prepare for the unexpected by using
commercial scenario planning; develop
options to address customers’ short-term
cash-flow limitations
12
ResetYourSalesApproach
Align,Measureand
IncentivizeforOutcomes
04
In virtually all industries, COVID-19 has sparked a sharp and sudden drop
in demand. As a result, angst among sales teams and leadership members
is rising. In some cases, your customers' needs have dramatically shifted
as they clamber to serve new revenue streams of their own.
Accordingly, from today and moving forward, sales organizations must
hone in on helping customers solve problems in both immediate and
intermediate terms. In the long run, exceeding customers’ needs now will
demonstrate loyalty to sellers that are genuinely committed to helping
them in uncertain times. In fact, a 2019 study discovered that
organizations that dynamically align their sales processes to customers’
changing paths have 17.9% higher win rates and 11.8% more quota
attainment rates.5
However, the crisis has exposed sales workforces that are resistant to
change, as well as those that rely heavily on new acquisitions. As sales
organizations invest in gaining a greater understanding of existing
customer needs and opportunities, they must also rally their workforces
around newer and better concepts of value. For example, inspired by a
recent surge in new uses of existing products, an industrial manufacturer
created an innovation taskforce to identify, design and solve for unmet
customer needs.
The focus moving forward must be on building an adaptive,
future-ready workforce and culture.
13
HowtoRespond
Redeploy sales talent and investments to stay ahead of changing customers’ needs
Concentrate on High-Value
Markets and Segments
Reallocate Your Go-To-
Market Talent and Coverage
Measure and Incentivize
Differently
• Rethink Your Position and Value
Customers’ needs have changed. In
response, organizations must adapt how
they position the value of their products
and services in this new climate
• Decide Where to Play (or Re-Place
Your Bets)
Shift go-to-market investments away from
lagging segments and regions; stand strong
in stable markets; be nimble in those
experiencing temporary spikes; double down
on areas likely to emerge early and/or sustain
long-term demand growth
• Be Agile or Be Obsolete
Amass a tech-savvy, highly adaptable
salesforce to rapidly reposition high-demand
offers in a volatile market; stay ahead of the
curve by embracing AI-enabled capabilities
to anticipate market changes
• Be Direct—When It Matters
Shake up your existing channel mix to shift
targeted customers to a direct model
• Pick Your Partners of the Future
Reassess your existing partner relationships
to better identify and invest in future
partners
• Cover the Right Bases
Streamline the go-to-market coverage in
areas suffering from dwindling customer
demand and support through partnerships to
provide burst-capacity for short-term
activities
• Outmaneuver the Competition
Use AI-powered market insights to rapidly
move into areas of competitive advantage,
drive growth and recapture the market share
• Align and Adjust as You Go
Align incentives and modify discounting
policies to encourage your sales teams to
focus on the highest-value customer
segments and newest product bundles
• Embrace New KPIs for the Now
and the Next
Tailor results measurement to the new digital
reality; for example, the field sales team’s
effectiveness must be assessed against
changing daily performance objectives such
as lead generation, origination and customer
outreach activities
• Know When to Move the Goal Posts and
By How Much
Revisit sales quotas and make thoughtful
adjustments in response to the downturn;
sales goals should 1) be aspirational and
motivational, 2) motivate growth, 3) be
targeted to retain the top performers, and 4)
balance seller payouts with the company’s
overall top- and bottom-line performance
14
Re-EnableYourSalesTeams
MakeItRealTime,Guided
andEasy
05
The COVID-19 downturn is expected to amplify the value proposition
of innovative selling approaches. And, this shift will be powered by
emerging data insights and technology. Due to the pace and breadth
of the changes we’re all feeling the impact of, this technology
transformation cannot take months. Time is of the essence. Companies
can leap ahead of the curve fast by building upon existing tech platforms.
How? By infusing them with real-time data that is currently available about
changes in customer business brought about by the COVID-19 downturn.
Sales representatives and managers often rely on instinct to execute sales
strategies. Many often view tech tools that capture customer and account
context—and increase visibility into the selling process—as roadblocks in
their daily jobs. Indeed, research reveals that more than 80% of CSOs are
not confident about the adoption of the various sales technologies that
they have deployed.6
This is why now is the time to unlock the powerful potential of tech-driven
marketing, sales and service platforms. These insight-driven automated
innovations dramatically improve usability and deliver hyper-relevant
insights to empower the sales teams to act swiftly on crucial
opportunities. At the same time, they also enable extended account
teams and leadership to collaborate better together—and, ultimately, win.
A garment producer is already finding success using this future-proof
innovative approach. Pairing predictive technology and tech-savvy talent,
the global manufacturing company is driving a significant revenue growth
and improving the customer experience in these new times. It’s also
boosting productivity and efficiency through a blend of advanced
analytics and talent-matching algorithms.
15
HowtoRespond
All hands and tech on deck: Rally your teams around the new—from data to platforms to processes and beyond
Create True
Customer Visibility
Guide the Salesforce Crack the
Anti-Technology Code
• One Truth, Not Many
Designate your marketing, sales and
service platforms as a combined single
source of truth for your campaigns,
leads, customers and partners
• Get the Full Picture
Use new data sources (first- and third-
party and dark data, among others) to
capture an insightful 360-degree view of
your customers. And, be sure this key
data is fed directly into your one source
of truth
• Now, Use It
Commit to a roadmap that makes the
most of big data, cloud computing and
AI/ML tools in ways that improve your
marketing, sales and service platforms
• Stay on Target
Embed AI capabilities in your sales
platform to focus your sales teams on
higher probability, higher value
opportunities in markets that are
demonstrating early crisis recovery
• Arm Sellers with Relevant
Market Insights
Equip sales teams with a dynamic
dashboard clearly broken down by
market and territory levels and curated
to existing customers and prospects
• Know What to Know … to Win
Provide a quick double-click view into
existing customers and prospects,
exploring the status of their business,
financial data, relationships and entire
interaction history
• Less is More
Furnish sellers with smarter tools that
arm them with meaningful insights and
help them seize opportunities at the right
moment
• Keep It Simple
Simplify the complete digital experience
from ease of navigation to sales team
field setup
• Make It Easy
Enable seamless data capture and
increase quality through automated
integration of internal and external
data sources
• Coach and Govern
Develop reinvented playbook-led
coaching to help sellers tap into the
functionality that accelerates sales
results; structure leadership oversight to
drive outcomes from enhanced visibility,
collaboration and reporting cadence
16
These trying times will most likely have a lasting ripple effect on
consumer behaviors, supply chains and routes to market. Sales
operations will most likely be heavily impacted.
However, out of uncertainty springs innovation and ingenuity.
Unprecedented times bring about unprecedented opportunities.
Amid disruption, resilience and reinvention create hope and
a lasting change.
Navigating the crisis requires an entirely new playbook.
Embracing a balanced approach is essential to managing
the near term while preparing for the future.
Accenture is helping clients outmaneuver uncertainty in both
short- and long-term. We’re committed to helping organizations
emerge stronger, and grow and flourish in the days ahead.
You can count on us to help your company stabilize revenue,
keep pace with evolving demand and forge new, disruptive
and sustainable growth pathways.
Through it all, we are here to help.
Wearehereto
helpyou
17
How Accenture can help you create
a strong future NOW
Reimagine offers to
meet evolving
needs of customers
Rebalance sales
talent, assets
and investments
Protect and recapture
revenue in the
new normal
Create customer visibility
and outreach in a rapidly
changing environment
• Embrace a real-time, AI-
driven response capability
that plugs you into
continuous local insights
• Identify and prioritize at-risk
customers for proactive
early intervention, support
and retention
• Develop scenario planning for
all customer classes to
position for sudden shifts
• Nimbly tailor your offers to
fast-changing, new customer
needs; target the right
segments, bundle products
and services, and update
commercial contracting
terms
• Create a renewed demand
tracking and scouting
capability
• Be ready to rapidly adapt new
offers on the fly so you can
rise from the downturn as a
market leader
• Create powerful new ways to
keep current customers and
rescue at-risk deals
• Steer your sales team to
must-win opportunities and
transform service interactions
into new sales
• Create pathways to effective
inside sales and accelerate
digital sales channels
• Redistribute and enhance
go-to-market investment
ROI by revising commercial
treatments and boosting
negotiation capabilities
• Assess pricing and discount
policies while adjusting for
demand generation spend as
well as for shifting sales skills
and coverage
18
1. Techrunch. GE and Microsoft are bringing a COVID-19 patient monitoring tool to health systems.
2. The Harris Poll. Small Businesses are Pivoting to Stay Afloat.
3. Bloomreach. Commerce Pulse: Update on NA, UK & EU eCommerce Traffic and Sales - Wk of March 29–April 4, 2020.
4. CSO Insights. All That Glitters Is Not Gold: Key Findings From The CSO Insights 2019 World-Class Sales Practices Study.
5. CSO Insights. Fifth Annual Sales Enablement Study.
6. CSO Insights. All That Glitters Is Not Gold: Key Findings From The CSO Insights 2019 World-Class Sales Practices Study.
References
To help our clients navigate both the
human and business impact of COVID-19,
we’ve created a hub of all of our latest
thinking on a variety of topics.
Each topic highlights specific actions which
can be taken now, and what to consider next
as industries move toward a new normal.
From leadership essentials to ensuring
productivity for your employees and
customer service groups to building supply
chain resilience and much more, our hub
will be constantly updated. Check
back regularly for more insights.
VISIT OUR HUB HERE
Dawn Anderson
Senior Managing Director,
Global Lead
Customer Sales & Service
Steve Soechtig
Managing Director
Customer Sales &
Service Strategy
Mark Wachter
Managing Director
Customer Sales &
Service Strategy
Jennifer Lidsky
Managing Director
Customer Sales &
Service Strategy
20
Contacts
Bruce Holley
Senior Managing Director
North America Lead
Customer Sales & Service
Craig Simpson
Managing Director
Customer Sales &
Service Strategy
Ulf Goreskopf
Managing Director
Customer Sales &
Service Strategy
Mark Gaylard
Managing Director
Customer Sales &
Service Strategy
DISCLAIMER: This document is intended for general informational purposes only and does not take into
account the reader’s specific circumstances, and may not reflect the most current developments.
Accenture disclaims, to the fullest extent permitted by applicable law, any and all liability for the accuracy
and completeness of the information in this presentation and for any acts or omissions made based on such
information. Accenture does not provide legal, regulatory, audit, or tax advice. Readers are responsible for
obtaining such advice from their own legal counsel or other licensed professionals. This document makes
descriptive reference to trademarks that may be owned by others. The use of such trademarks herein is not
an assertion of ownership of such trademarks by Accenture and is not intended to represent or imply the
existence of an association between Accenture and the lawful owners of such trademark
Copyright © 2020 Accenture All rights reserved.
Accenture, its logo, and New Applied Now are trademarks of Accenture.
AboutAccenture
Accenture is a leading global professional services company, providing
a broad range of services and solutions in strategy, consulting, digital,
technology and operations. Combining unmatched experience and
specialized skills across more than 40 industries and all business
functions—underpinned by the world’s largest delivery network—
Accenture works at the intersection of business and technology to help
clients improve their performance and create sustainable value for their
stakeholders. With 509,000 people serving clients in more than 120
countries, Accenture drives innovation to improve the way the world
works and lives.
Visit us at www.accenture.com

More Related Content

What's hot

The Data-Driven Go-to-Market
The Data-Driven Go-to-MarketThe Data-Driven Go-to-Market
The Data-Driven Go-to-MarketDemandbase
 
B2B Sales of the Future
B2B Sales of the FutureB2B Sales of the Future
B2B Sales of the Futureaccenture
 
Product Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_SampleProduct Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_SampleParesh Baghel
 
A Framework for Digital Business Transformation
A Framework for Digital Business TransformationA Framework for Digital Business Transformation
A Framework for Digital Business TransformationCognizant
 
580827935-Mckinsey-Training-1-3.pdf
580827935-Mckinsey-Training-1-3.pdf580827935-Mckinsey-Training-1-3.pdf
580827935-Mckinsey-Training-1-3.pdfdavidscribddavidscri
 
Go-to-Market Best Practices for Startups
Go-to-Market Best Practices for StartupsGo-to-Market Best Practices for Startups
Go-to-Market Best Practices for Startupsa16z
 
Digitising Consumers in India - BCG & Matrix Study
Digitising Consumers in India - BCG & Matrix StudyDigitising Consumers in India - BCG & Matrix Study
Digitising Consumers in India - BCG & Matrix Studyssuserf1f48a
 
Why Product-Led Growth is the most effective GTM strategy
Why Product-Led Growth is the most effective GTM strategyWhy Product-Led Growth is the most effective GTM strategy
Why Product-Led Growth is the most effective GTM strategyMickey Alon
 
Sales Playbook Template
Sales Playbook TemplateSales Playbook Template
Sales Playbook TemplateDemand Metric
 
Digital transformation: Paving the road for growth in logistics
Digital transformation: Paving the road for growth in logisticsDigital transformation: Paving the road for growth in logistics
Digital transformation: Paving the road for growth in logisticsaccenture
 
Resiliance. Relevance. Agility.
Resiliance. Relevance. Agility.Resiliance. Relevance. Agility.
Resiliance. Relevance. Agility.accenture
 
The essential elements of a digital transformation strategy
The essential elements of a digital transformation strategyThe essential elements of a digital transformation strategy
The essential elements of a digital transformation strategyMarcel Santilli
 
Tech Adoption and Strategy for Innovation & Growth
Tech Adoption and Strategy for Innovation & GrowthTech Adoption and Strategy for Innovation & Growth
Tech Adoption and Strategy for Innovation & Growthaccenture
 
IBM Go to Market Strategy
IBM Go to Market StrategyIBM Go to Market Strategy
IBM Go to Market StrategyNeil Alcantara
 
Go-to-market strategy for tech startups
Go-to-market strategy for tech startupsGo-to-market strategy for tech startups
Go-to-market strategy for tech startupsSovita Chander
 
What is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneWhat is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneCompellingPM
 
Account Management Roadmap
Account Management RoadmapAccount Management Roadmap
Account Management Roadmapbnemecek
 
Digital transformation for marketing
Digital transformation for marketingDigital transformation for marketing
Digital transformation for marketingSoft Click
 

What's hot (20)

The Data-Driven Go-to-Market
The Data-Driven Go-to-MarketThe Data-Driven Go-to-Market
The Data-Driven Go-to-Market
 
B2B Sales of the Future
B2B Sales of the FutureB2B Sales of the Future
B2B Sales of the Future
 
Product Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_SampleProduct Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_Sample
 
A Framework for Digital Business Transformation
A Framework for Digital Business TransformationA Framework for Digital Business Transformation
A Framework for Digital Business Transformation
 
580827935-Mckinsey-Training-1-3.pdf
580827935-Mckinsey-Training-1-3.pdf580827935-Mckinsey-Training-1-3.pdf
580827935-Mckinsey-Training-1-3.pdf
 
Go-to-Market Best Practices for Startups
Go-to-Market Best Practices for StartupsGo-to-Market Best Practices for Startups
Go-to-Market Best Practices for Startups
 
Digitising Consumers in India - BCG & Matrix Study
Digitising Consumers in India - BCG & Matrix StudyDigitising Consumers in India - BCG & Matrix Study
Digitising Consumers in India - BCG & Matrix Study
 
Why Product-Led Growth is the most effective GTM strategy
Why Product-Led Growth is the most effective GTM strategyWhy Product-Led Growth is the most effective GTM strategy
Why Product-Led Growth is the most effective GTM strategy
 
Sales Playbook Template
Sales Playbook TemplateSales Playbook Template
Sales Playbook Template
 
Digital transformation: Paving the road for growth in logistics
Digital transformation: Paving the road for growth in logisticsDigital transformation: Paving the road for growth in logistics
Digital transformation: Paving the road for growth in logistics
 
Resiliance. Relevance. Agility.
Resiliance. Relevance. Agility.Resiliance. Relevance. Agility.
Resiliance. Relevance. Agility.
 
The essential elements of a digital transformation strategy
The essential elements of a digital transformation strategyThe essential elements of a digital transformation strategy
The essential elements of a digital transformation strategy
 
Tech Adoption and Strategy for Innovation & Growth
Tech Adoption and Strategy for Innovation & GrowthTech Adoption and Strategy for Innovation & Growth
Tech Adoption and Strategy for Innovation & Growth
 
IBM Go to Market Strategy
IBM Go to Market StrategyIBM Go to Market Strategy
IBM Go to Market Strategy
 
Digital Transformation Frameworks
Digital Transformation FrameworksDigital Transformation Frameworks
Digital Transformation Frameworks
 
Go-to-market strategy for tech startups
Go-to-market strategy for tech startupsGo-to-market strategy for tech startups
Go-to-market strategy for tech startups
 
What is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneWhat is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create One
 
Go-To Market Plan
Go-To Market PlanGo-To Market Plan
Go-To Market Plan
 
Account Management Roadmap
Account Management RoadmapAccount Management Roadmap
Account Management Roadmap
 
Digital transformation for marketing
Digital transformation for marketingDigital transformation for marketing
Digital transformation for marketing
 

Similar to Outmaneuver Uncertainty with B2B Sales Pivots

A customer obsessed organization
A customer obsessed organizationA customer obsessed organization
A customer obsessed organizationBucur Oana
 
Webinar - making customer retention your strategy for hyper-growth
Webinar - making customer retention your strategy for hyper-growthWebinar - making customer retention your strategy for hyper-growth
Webinar - making customer retention your strategy for hyper-growthRanceTimiEbiwari
 
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
10 Actions To Help Ensure Your Business Succeeds | BBH StockholmAlexander Niléhn
 
TranformationalMarketingForManufacturers_Final
TranformationalMarketingForManufacturers_FinalTranformationalMarketingForManufacturers_Final
TranformationalMarketingForManufacturers_FinalE3 Marketing Group
 
Learn about consumer intelligence to enhance consumer experience
Learn about consumer intelligence to enhance consumer experience Learn about consumer intelligence to enhance consumer experience
Learn about consumer intelligence to enhance consumer experience Jaiveer Singh
 
Modern Marketing in Business Services - Driving Sales with Demand Generation
Modern Marketing in Business Services - Driving Sales with Demand GenerationModern Marketing in Business Services - Driving Sales with Demand Generation
Modern Marketing in Business Services - Driving Sales with Demand GenerationHelen Barlow
 
5steps_to_consumer_engagement
5steps_to_consumer_engagement5steps_to_consumer_engagement
5steps_to_consumer_engagementanlouwagie
 
7 marketing and sales tactics for a success in the post-COVID economy
7 marketing and sales tactics for a success in the post-COVID economy7 marketing and sales tactics for a success in the post-COVID economy
7 marketing and sales tactics for a success in the post-COVID economyElena Badea
 
Minsun Collier and Karleitia Bodlovic present 'How to Lose a Customer in 10 D...
Minsun Collier and Karleitia Bodlovic present 'How to Lose a Customer in 10 D...Minsun Collier and Karleitia Bodlovic present 'How to Lose a Customer in 10 D...
Minsun Collier and Karleitia Bodlovic present 'How to Lose a Customer in 10 D...AnneNguyen92
 
Marketing Leadership Playbook 2015
Marketing Leadership Playbook 2015Marketing Leadership Playbook 2015
Marketing Leadership Playbook 2015360i
 
Strategies for Balancing Marketing Priorities during a Slow Economy.pdf
Strategies for Balancing Marketing Priorities during a Slow Economy.pdfStrategies for Balancing Marketing Priorities during a Slow Economy.pdf
Strategies for Balancing Marketing Priorities during a Slow Economy.pdfEnterprise Wired
 
8 STEP TO UNLOCK KEY CUSTOMER ACCOUNTS POTENTIAL
8 STEP TO UNLOCK KEY CUSTOMER ACCOUNTS POTENTIAL8 STEP TO UNLOCK KEY CUSTOMER ACCOUNTS POTENTIAL
8 STEP TO UNLOCK KEY CUSTOMER ACCOUNTS POTENTIALDr Wilfred Monteiro
 
Performance Marketing.pdf
Performance Marketing.pdfPerformance Marketing.pdf
Performance Marketing.pdfCiente
 
6 degrees of Demand Generation
6 degrees of Demand Generation6 degrees of Demand Generation
6 degrees of Demand GenerationBANNER
 
Case study b2b lead generation then & now
Case study b2b lead generation then & nowCase study b2b lead generation then & now
Case study b2b lead generation then & nowDSIM
 
Digital Marketing: Are You Ready to Go Agile?"
Digital Marketing: Are You Ready to Go Agile?" Digital Marketing: Are You Ready to Go Agile?"
Digital Marketing: Are You Ready to Go Agile?" Mohamed Mahdy
 
Digital Marketing: Are You Ready to Go Agile?
Digital Marketing: Are You Ready to Go Agile?Digital Marketing: Are You Ready to Go Agile?
Digital Marketing: Are You Ready to Go Agile?Mohamed Mahdy
 

Similar to Outmaneuver Uncertainty with B2B Sales Pivots (20)

A customer obsessed organization
A customer obsessed organizationA customer obsessed organization
A customer obsessed organization
 
Webinar - making customer retention your strategy for hyper-growth
Webinar - making customer retention your strategy for hyper-growthWebinar - making customer retention your strategy for hyper-growth
Webinar - making customer retention your strategy for hyper-growth
 
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
 
Creating an Actionable Roadmap for Company Growth
Creating an Actionable Roadmap for Company Growth Creating an Actionable Roadmap for Company Growth
Creating an Actionable Roadmap for Company Growth
 
Ebook on Marketing
Ebook on MarketingEbook on Marketing
Ebook on Marketing
 
TranformationalMarketingForManufacturers_Final
TranformationalMarketingForManufacturers_FinalTranformationalMarketingForManufacturers_Final
TranformationalMarketingForManufacturers_Final
 
Learn about consumer intelligence to enhance consumer experience
Learn about consumer intelligence to enhance consumer experience Learn about consumer intelligence to enhance consumer experience
Learn about consumer intelligence to enhance consumer experience
 
Modern Marketing in Business Services - Driving Sales with Demand Generation
Modern Marketing in Business Services - Driving Sales with Demand GenerationModern Marketing in Business Services - Driving Sales with Demand Generation
Modern Marketing in Business Services - Driving Sales with Demand Generation
 
5steps_to_consumer_engagement
5steps_to_consumer_engagement5steps_to_consumer_engagement
5steps_to_consumer_engagement
 
7 marketing and sales tactics for a success in the post-COVID economy
7 marketing and sales tactics for a success in the post-COVID economy7 marketing and sales tactics for a success in the post-COVID economy
7 marketing and sales tactics for a success in the post-COVID economy
 
Minsun Collier and Karleitia Bodlovic present 'How to Lose a Customer in 10 D...
Minsun Collier and Karleitia Bodlovic present 'How to Lose a Customer in 10 D...Minsun Collier and Karleitia Bodlovic present 'How to Lose a Customer in 10 D...
Minsun Collier and Karleitia Bodlovic present 'How to Lose a Customer in 10 D...
 
Marketing Leadership Playbook 2015
Marketing Leadership Playbook 2015Marketing Leadership Playbook 2015
Marketing Leadership Playbook 2015
 
Strategies for Balancing Marketing Priorities during a Slow Economy.pdf
Strategies for Balancing Marketing Priorities during a Slow Economy.pdfStrategies for Balancing Marketing Priorities during a Slow Economy.pdf
Strategies for Balancing Marketing Priorities during a Slow Economy.pdf
 
8 STEP TO UNLOCK KEY CUSTOMER ACCOUNTS POTENTIAL
8 STEP TO UNLOCK KEY CUSTOMER ACCOUNTS POTENTIAL8 STEP TO UNLOCK KEY CUSTOMER ACCOUNTS POTENTIAL
8 STEP TO UNLOCK KEY CUSTOMER ACCOUNTS POTENTIAL
 
Performance Marketing.pdf
Performance Marketing.pdfPerformance Marketing.pdf
Performance Marketing.pdf
 
7ps (1)
7ps (1)7ps (1)
7ps (1)
 
6 degrees of Demand Generation
6 degrees of Demand Generation6 degrees of Demand Generation
6 degrees of Demand Generation
 
Case study b2b lead generation then & now
Case study b2b lead generation then & nowCase study b2b lead generation then & now
Case study b2b lead generation then & now
 
Digital Marketing: Are You Ready to Go Agile?"
Digital Marketing: Are You Ready to Go Agile?" Digital Marketing: Are You Ready to Go Agile?"
Digital Marketing: Are You Ready to Go Agile?"
 
Digital Marketing: Are You Ready to Go Agile?
Digital Marketing: Are You Ready to Go Agile?Digital Marketing: Are You Ready to Go Agile?
Digital Marketing: Are You Ready to Go Agile?
 

More from Guillaume Larronde-Larretche

The warm up : preparing for a digital sales program with Extra Mile
The warm up : preparing for a digital sales program with Extra MileThe warm up : preparing for a digital sales program with Extra Mile
The warm up : preparing for a digital sales program with Extra MileGuillaume Larronde-Larretche
 
Building next generation b2b sales capabilities - McKinsey - 2022
Building next generation b2b sales capabilities - McKinsey - 2022Building next generation b2b sales capabilities - McKinsey - 2022
Building next generation b2b sales capabilities - McKinsey - 2022Guillaume Larronde-Larretche
 
Current malpractices handicapping social selling's potential - Forrester - Au...
Current malpractices handicapping social selling's potential - Forrester - Au...Current malpractices handicapping social selling's potential - Forrester - Au...
Current malpractices handicapping social selling's potential - Forrester - Au...Guillaume Larronde-Larretche
 
Digital sales Training and Consultancy by Extra mile
Digital sales Training and Consultancy by Extra mileDigital sales Training and Consultancy by Extra mile
Digital sales Training and Consultancy by Extra mileGuillaume Larronde-Larretche
 
The 2020 State of Digital - Altimeter - November 2020
The 2020 State of Digital - Altimeter - November 2020The 2020 State of Digital - Altimeter - November 2020
The 2020 State of Digital - Altimeter - November 2020Guillaume Larronde-Larretche
 

More from Guillaume Larronde-Larretche (8)

The warm up : preparing for a digital sales program with Extra Mile
The warm up : preparing for a digital sales program with Extra MileThe warm up : preparing for a digital sales program with Extra Mile
The warm up : preparing for a digital sales program with Extra Mile
 
Building next generation b2b sales capabilities - McKinsey - 2022
Building next generation b2b sales capabilities - McKinsey - 2022Building next generation b2b sales capabilities - McKinsey - 2022
Building next generation b2b sales capabilities - McKinsey - 2022
 
Current malpractices handicapping social selling's potential - Forrester - Au...
Current malpractices handicapping social selling's potential - Forrester - Au...Current malpractices handicapping social selling's potential - Forrester - Au...
Current malpractices handicapping social selling's potential - Forrester - Au...
 
Digital sales Training and Consultancy by Extra mile
Digital sales Training and Consultancy by Extra mileDigital sales Training and Consultancy by Extra mile
Digital sales Training and Consultancy by Extra mile
 
The 2020 State of Digital - Altimeter - November 2020
The 2020 State of Digital - Altimeter - November 2020The 2020 State of Digital - Altimeter - November 2020
The 2020 State of Digital - Altimeter - November 2020
 
10 astuces pour mieux utiliser Linkedin
10 astuces pour mieux utiliser Linkedin10 astuces pour mieux utiliser Linkedin
10 astuces pour mieux utiliser Linkedin
 
Linkedin pour entrepreneurs - HEC - G9+
Linkedin pour entrepreneurs - HEC - G9+Linkedin pour entrepreneurs - HEC - G9+
Linkedin pour entrepreneurs - HEC - G9+
 
Optimiser son recrutement avec Linkedin
Optimiser son recrutement avec LinkedinOptimiser son recrutement avec Linkedin
Optimiser son recrutement avec Linkedin
 

Recently uploaded

办理学位证(USC文凭证书)南加州大学毕业证成绩单原版一模一样
办理学位证(USC文凭证书)南加州大学毕业证成绩单原版一模一样办理学位证(USC文凭证书)南加州大学毕业证成绩单原版一模一样
办理学位证(USC文凭证书)南加州大学毕业证成绩单原版一模一样7pn7zv3i
 
Call Girls In Hauz Khas Delhi 9654467111 Independent Escorts Service
Call Girls In Hauz Khas Delhi 9654467111 Independent Escorts ServiceCall Girls In Hauz Khas Delhi 9654467111 Independent Escorts Service
Call Girls In Hauz Khas Delhi 9654467111 Independent Escorts ServiceSapana Sha
 
NIGHT DREAN Genuine Call girls in Vasant Vihar Delhi | 83778 77756
NIGHT DREAN Genuine Call girls in Vasant Vihar Delhi | 83778 77756NIGHT DREAN Genuine Call girls in Vasant Vihar Delhi | 83778 77756
NIGHT DREAN Genuine Call girls in Vasant Vihar Delhi | 83778 77756dollysharma2066
 
HI-Profiles Call girls in Hyatt Residency Delhi | 8377087607
HI-Profiles Call girls in Hyatt Residency Delhi | 8377087607HI-Profiles Call girls in Hyatt Residency Delhi | 8377087607
HI-Profiles Call girls in Hyatt Residency Delhi | 8377087607dollysharma2066
 
原版1:1复刻明尼苏达大学毕业证UMN毕业证留信学历认证
原版1:1复刻明尼苏达大学毕业证UMN毕业证留信学历认证原版1:1复刻明尼苏达大学毕业证UMN毕业证留信学历认证
原版1:1复刻明尼苏达大学毕业证UMN毕业证留信学历认证jdkhjh
 
BEST ✨ Call Girls In Park Plaza Faridabad ✔️ 9871031762 ✔️ Escorts Service In...
BEST ✨ Call Girls In Park Plaza Faridabad ✔️ 9871031762 ✔️ Escorts Service In...BEST ✨ Call Girls In Park Plaza Faridabad ✔️ 9871031762 ✔️ Escorts Service In...
BEST ✨ Call Girls In Park Plaza Faridabad ✔️ 9871031762 ✔️ Escorts Service In...noida100girls
 

Recently uploaded (8)

办理学位证(USC文凭证书)南加州大学毕业证成绩单原版一模一样
办理学位证(USC文凭证书)南加州大学毕业证成绩单原版一模一样办理学位证(USC文凭证书)南加州大学毕业证成绩单原版一模一样
办理学位证(USC文凭证书)南加州大学毕业证成绩单原版一模一样
 
Call Girls In Hauz Khas Delhi 9654467111 Independent Escorts Service
Call Girls In Hauz Khas Delhi 9654467111 Independent Escorts ServiceCall Girls In Hauz Khas Delhi 9654467111 Independent Escorts Service
Call Girls In Hauz Khas Delhi 9654467111 Independent Escorts Service
 
NIGHT DREAN Genuine Call girls in Vasant Vihar Delhi | 83778 77756
NIGHT DREAN Genuine Call girls in Vasant Vihar Delhi | 83778 77756NIGHT DREAN Genuine Call girls in Vasant Vihar Delhi | 83778 77756
NIGHT DREAN Genuine Call girls in Vasant Vihar Delhi | 83778 77756
 
9953056974 Low Rate Call Girls In Ashok Nagar Delhi NCR
9953056974 Low Rate Call Girls In Ashok Nagar Delhi NCR9953056974 Low Rate Call Girls In Ashok Nagar Delhi NCR
9953056974 Low Rate Call Girls In Ashok Nagar Delhi NCR
 
HI-Profiles Call girls in Hyatt Residency Delhi | 8377087607
HI-Profiles Call girls in Hyatt Residency Delhi | 8377087607HI-Profiles Call girls in Hyatt Residency Delhi | 8377087607
HI-Profiles Call girls in Hyatt Residency Delhi | 8377087607
 
原版1:1复刻明尼苏达大学毕业证UMN毕业证留信学历认证
原版1:1复刻明尼苏达大学毕业证UMN毕业证留信学历认证原版1:1复刻明尼苏达大学毕业证UMN毕业证留信学历认证
原版1:1复刻明尼苏达大学毕业证UMN毕业证留信学历认证
 
BEST ✨ Call Girls In Park Plaza Faridabad ✔️ 9871031762 ✔️ Escorts Service In...
BEST ✨ Call Girls In Park Plaza Faridabad ✔️ 9871031762 ✔️ Escorts Service In...BEST ✨ Call Girls In Park Plaza Faridabad ✔️ 9871031762 ✔️ Escorts Service In...
BEST ✨ Call Girls In Park Plaza Faridabad ✔️ 9871031762 ✔️ Escorts Service In...
 
Cheap Rate ➥8448380779 ▻Call Girls In Sector 57 Gurgaon
Cheap Rate ➥8448380779 ▻Call Girls In Sector 57 GurgaonCheap Rate ➥8448380779 ▻Call Girls In Sector 57 Gurgaon
Cheap Rate ➥8448380779 ▻Call Girls In Sector 57 Gurgaon
 

Outmaneuver Uncertainty with B2B Sales Pivots

  • 1. OUTMANEUVER UNCERTAINTY NOW NEXT June 2020 TheNewWorld ofB2BSales React, Adapt, Rise
  • 2. 2 OUTMANEUVER UNCERTAINTY As the health and humanitarian impacts of the COVID-19 pandemic evolve, so do the business and economic challenges. Organizations looking to balance their immediate needs with longer-term opportunities will see the trade-offs play out across three waves of impact: the Now, the Next and the Never Normal. The Now includes an emphasis on supporting people, customers and suppliers. The Next will feature refocusing the business to withstand new threats and seize new opportunities. And the Never Normal will require navigating rapid shifts in cultural norms, values and behaviors. This is the moment to reinvent business models and reintegrate the value organizations provide into a new societal landscape. The time to shape a mindset of bold business transformation powered by new approaches to technology and responsible leadership is underway.
  • 3. 3 Steven Soechtig Managing Director, Customer Sales & Service Strategy Unprecedented economic pressure is mounting. To survive and thrive, businesses need to remain flexible and resilient while looking to the future. The time is now to radically redefine how they operate to emerge stronger. Proactively outpacing change is essential. B2B sales methods must pivot in response—and create measurable results fast.” “
  • 4. 4 Purchasing power is shifting fast, the demand for digital channels is rising. As a result, the risk of commoditization is higher than ever. Future market leaders must nimbly pivot to retain customers, protect revenues and realign go-to-market investments. The good news? Out of adversity springs opportunity. Challenges create new dynamics that ignite growth. Companies that adapt quickly and rise from this crisis as market leaders will confidently answer these questions: NOW • How do I stay ahead of constantly changing customer needs? • How do I enable a virtual selling process that drives sales? • How do I keep a remote salesforce engaged and productive? NEXT • How do I make my offering stand out from the competition in a digital world? • How do I seamlessly blend virtual and traditional sales channels? • How do I best gather and stay close to all customer demand signals? • How do I pivot a B2B sales culture that focuses on value? • Which new strategies can I leverage to decrease cost and increase productivity? • Which virtual tools should I continue to use in the future?
  • 5. 5 In this perspective, we explore how COVID-19 and its economic consequences will impact the future of B2B selling. The old rule book is a thing of the past. It’s time to embrace the unpredictable. Enterprises should take new and different strategic steps now to capture the market share while keeping pace with constantly changing customer demand. For organizations preparing for the next, they should consider these five powerful B2B sales dynamics 02 Refocus the Salesforce Define the New Sales Journey 03 Reimagine the Offer Embrace New Narratives, Approaches and Terms 05 Re-enable your Sales Team Make it Real Time, Guided and Easy 04 Reset your Sales Approach Align, Measure and Incentivize for Outcomes 01 Rediscover your Customer Stay Close to Stay Relevant
  • 6. 6 Historical customer insights are irrelevant. What matters is the now. B2B buyer priorities are changing completely. COVID-19 is forcing tectonic shifts in demand throughout the global economy. In some cases, the crisis is sparking growth. In others, demand is dwindling due to the lockdown and the economic aftershocks that followed. In response, leaders are pioneering innovative ways of tapping into and understanding customers’ needs while reimagining a hopeful post-crisis future. How? By proactively reaching out with empathetic, custom messaging and making concerted efforts to transform customer needs into value-driven solutions. The leaders of tomorrow are modifying their organizations’ sales priorities using a powerful blend of person-to-person communication, predictive analytics and AI engines. That’s because they know, in these changing times, meaningful customer connections and insights are critical to surviving and thriving today and in the days ahead. RediscoverYourCustomer StayClosetoStayRelevant 01
  • 7. 7 HowtoRespond Rediscover your customers, meet their new needs and continuously delight them Create Real-Time Customer View • Throw Out Your Old Rule Book Pre-COVID-19 customer trends and predictive models no longer hold true in the new environment; get to know your customer again; help them identify their evolving needs in this ever-changing market • Create New Situational Awareness Provide your sales teams with critical, always up-to-date local market- and customer-specific insights • Lead from the Front Sales managers have visibility and are engaged to monitor the seller activity; provide them proactive coaching and share the latest leading practices Drive Proactive Outreach • Right Customer, Right Message, Right Time Always target the right customer with the right message; keep communication timely, relevant, reflective and tailored to each customer’s unique situation and needs • Stay in Sync Maintain consistency across marketing, service and channel partners using an effective blend of digital, virtual and in- person interactions • Return to Big-O Origination Refocus on the new logo acquisition and align sellers with advanced origination skills to the most important prospect and customer relationships • Respond with Urgency Enable virtual assistants to improve responsiveness to customer inquiries, sale and service needs Listen, Learn and Adjust as You Go • Activate Listening Posts Proactively solicit and analyze feedback from customers and your go-to-market teams • Measure for New Results Infuse your customer campaigns with insightful KPIs; learn from client responses and drive continuous outreach in the new environment • Respond with Agility Rapidly execute changes based on the client response by segment, industry and channel • Choose Leads Wisely Take advantage of the time to only focus on critical improvements to boost sellers’ productivity, client conversion and value delivered
  • 8. 8 Government-mandated shelter-in-place and social distancing guidelines across the globe have forced organizations to move field sales inside for the foreseeable future. This sudden tectonic shift has left many in the industry asking, “Now, what?” How can sales survive and even thrive in these new and dramatically different times? Smart organizations are scrambling to boost the effectiveness of their virtual sales teams, and fast. How? By completely redefining their sales journeys inside out. In the process, they’re uncovering new moments of truth and streamlining their sales approaches to deliver exponentially more convenience and visibility to all customer interactions. Take GE Healthcare, for example. The company freshly redesigned a new COVID-19 patient monitoring software that could be quickly distributed to hospitals.1 In fact, according to Accenture research, 46% of SMBs have invested in increased infrastructure in ways that render it more virtual, online or contactless.2 Bold new ways of using virtual tools within the B2B selling realm have allowed companies to maintain business continuity. Exponentially more interactions with customers and partners have gone virtual. This swift, industry-wide switch to digital-first has also fueled a sharp increase in tech-savviness of B2B selling teams. It’s a welcome pivot that’s ripe with the potential to drive productivity and engagement. The global pandemic has upended sales operations at many organizations. But, thanks to new technologies, many are recovering quickly and finding some silver linings. Sales teams are getting used to virtually connecting with customers more, and they hope this new habit stays for good once stay-at-home restrictions are lifted. RefocustheSalesforce DefinetheNewJourney 02 Across the US, UK and EU, the B2B site traffic saw a 32% year-over-year (YoY) increase in the week closing March 29, while sales fell 17% YoY.3 B2B sales teams are at an inflection point. What used to fill the funnel won’t fill the funnel anymore. Refocusing on defining new digital sales journeys is a must for what is to come.” Jennifer Lidsky Managing Director Customer Sales & Service Strategy “
  • 9. 9 HowtoRespond Prioritize the strongest opportunities, tear up the playbook and strive for success Double Down on High-Value Opportunities • Narrow the Sales Funnel Manage the early-stage offering pipeline and move away from numerous unqualified opportunities. Why? In an economic downturn, quantity must quickly shift to quality • Ensure New Wins Stay Won Assume any deal won—but not closed and delivered—is at risk • Put Your Sales Talent Where the Money Is Evaluate your top sales talent to serve the highest-value potential customer segments and opportunities Redefine the Sales Playbook • Focus on Selling Moments that Matter Carve out an early competitive edge by elevating the core “moments of truth” in your sales interactions; pay careful attention to not only the communication tools you use, but most importantly, to people and their emotions • Harness the Power of New Lead Sources Look beyond all the usual places when sourcing leads, as they are no longer relevant; instead, tap into promising social media exchanges, referrals from existing customers and service interactions • Forge Virtual Relationships, Not Just a Digital Presence Pinpoint opportunities in the sales process to blend digital and virtual (telepresence) interactions to cultivate personal connections with your customers Execute to Win Every Deal • Help Your Sellers Sell (In the Now) Update win strategies and sales materials to position your products and services to reflect new needs and priorities of customers • Price to Win Consistently monitor competitor and market pricing and price offerings accordingly to win every deal • Up Your Sales Coaching Game Continuously train your sales teams on the new digital and virtual deal execution methods and tools; turn your sales managers into expert deal coaches to amplify what’s working across the sales teams
  • 10. 10 ReimaginetheOffer EmbraceNewNarratives, ApproachesandTerms 03 The economic environment created by the COVID-19 pandemic has set into motion a nearly unprecedented decline in company revenues and market capitalization. To stay relevant, B2B sales organizations must anticipate these massive shifts by understanding changing customer buyer patterns and unmet needs. They must also actively test, learn and accordingly reposition their interactions, offers, messaging and deal terms to fit these new needs. For example, a study revealed that 93% of leading sales organizations agree that their sellers effectively communicate value messages that are relevant to buyers’ needs, versus 43% of other organizations.4 Bottom line: While creating new opportunities, B2B sales organizations must not neglect their current customers. Retaining customers via creative commercial strategies—and at the same time attracting new customers—is critical to recapturing growth in the post-COVID-19 future.
  • 11. 11 HowtoRespond Meet customers’ new needs by reinventing and diversifying dynamic offers Mine for Undetected Customer Needs Reinvent and Diversify Dynamic Offers Create Customized Commercial Terms • Uncover New Signals to Demand Continually scan the horizon for changes in supply and demand across relevant geographies, regions and local markets • Tap into Dark Customer Data Take advantage of emerging customer data sources and predictive AI tools to achieve the optimal customer targeting and uncover new propensity-to-buy shifts in real time. For example, sales teams for leading food service distribution companies are using anonymized geo-spatial data, social media sentiment, and government announcements to identify geographic hot-spots to target as the economy reopens. • Innovate with Agility Build creative cross-functional teams to pioneer new service offerings and enhancements; embrace an agile innovate-test-learn-refine approach • Refresh and Provide the Unprovided Repurpose existing products and services to meet and exceed unfulfilled or new customer needs • Tailor Offers for Digital Interactions Bundle and repackage deals to create hybrid business and work-from-home products and services that are more reflective of the times • Team Up to Boost Value Establish new and shared revenue streams with channel partners (for example, package complimentary products and value-added services) • Monetize Services to Win Build and tailor new services to complement existing products and broaden services around core offers • Expand into Adjacent Areas Piggyback on your core competencies to innovate new, future-ready products that seamlessly dovetail with existing offerings • Ready, Set, Negotiate Establish commercial command centers made up of sellers, negotiators and finance specialists to govern critical deal terms and triage customer concession requests • Manage Your Exposure Understand your customers’ unique financial conditions; this will allow you to tailor optimal commercial terms, extend credit and mitigate the repayment risk • Intervene Early to Retain Target commercial interventions to retain your most critical customers • Anticipate New Commercial Realities Prepare for the unexpected by using commercial scenario planning; develop options to address customers’ short-term cash-flow limitations
  • 12. 12 ResetYourSalesApproach Align,Measureand IncentivizeforOutcomes 04 In virtually all industries, COVID-19 has sparked a sharp and sudden drop in demand. As a result, angst among sales teams and leadership members is rising. In some cases, your customers' needs have dramatically shifted as they clamber to serve new revenue streams of their own. Accordingly, from today and moving forward, sales organizations must hone in on helping customers solve problems in both immediate and intermediate terms. In the long run, exceeding customers’ needs now will demonstrate loyalty to sellers that are genuinely committed to helping them in uncertain times. In fact, a 2019 study discovered that organizations that dynamically align their sales processes to customers’ changing paths have 17.9% higher win rates and 11.8% more quota attainment rates.5 However, the crisis has exposed sales workforces that are resistant to change, as well as those that rely heavily on new acquisitions. As sales organizations invest in gaining a greater understanding of existing customer needs and opportunities, they must also rally their workforces around newer and better concepts of value. For example, inspired by a recent surge in new uses of existing products, an industrial manufacturer created an innovation taskforce to identify, design and solve for unmet customer needs. The focus moving forward must be on building an adaptive, future-ready workforce and culture.
  • 13. 13 HowtoRespond Redeploy sales talent and investments to stay ahead of changing customers’ needs Concentrate on High-Value Markets and Segments Reallocate Your Go-To- Market Talent and Coverage Measure and Incentivize Differently • Rethink Your Position and Value Customers’ needs have changed. In response, organizations must adapt how they position the value of their products and services in this new climate • Decide Where to Play (or Re-Place Your Bets) Shift go-to-market investments away from lagging segments and regions; stand strong in stable markets; be nimble in those experiencing temporary spikes; double down on areas likely to emerge early and/or sustain long-term demand growth • Be Agile or Be Obsolete Amass a tech-savvy, highly adaptable salesforce to rapidly reposition high-demand offers in a volatile market; stay ahead of the curve by embracing AI-enabled capabilities to anticipate market changes • Be Direct—When It Matters Shake up your existing channel mix to shift targeted customers to a direct model • Pick Your Partners of the Future Reassess your existing partner relationships to better identify and invest in future partners • Cover the Right Bases Streamline the go-to-market coverage in areas suffering from dwindling customer demand and support through partnerships to provide burst-capacity for short-term activities • Outmaneuver the Competition Use AI-powered market insights to rapidly move into areas of competitive advantage, drive growth and recapture the market share • Align and Adjust as You Go Align incentives and modify discounting policies to encourage your sales teams to focus on the highest-value customer segments and newest product bundles • Embrace New KPIs for the Now and the Next Tailor results measurement to the new digital reality; for example, the field sales team’s effectiveness must be assessed against changing daily performance objectives such as lead generation, origination and customer outreach activities • Know When to Move the Goal Posts and By How Much Revisit sales quotas and make thoughtful adjustments in response to the downturn; sales goals should 1) be aspirational and motivational, 2) motivate growth, 3) be targeted to retain the top performers, and 4) balance seller payouts with the company’s overall top- and bottom-line performance
  • 14. 14 Re-EnableYourSalesTeams MakeItRealTime,Guided andEasy 05 The COVID-19 downturn is expected to amplify the value proposition of innovative selling approaches. And, this shift will be powered by emerging data insights and technology. Due to the pace and breadth of the changes we’re all feeling the impact of, this technology transformation cannot take months. Time is of the essence. Companies can leap ahead of the curve fast by building upon existing tech platforms. How? By infusing them with real-time data that is currently available about changes in customer business brought about by the COVID-19 downturn. Sales representatives and managers often rely on instinct to execute sales strategies. Many often view tech tools that capture customer and account context—and increase visibility into the selling process—as roadblocks in their daily jobs. Indeed, research reveals that more than 80% of CSOs are not confident about the adoption of the various sales technologies that they have deployed.6 This is why now is the time to unlock the powerful potential of tech-driven marketing, sales and service platforms. These insight-driven automated innovations dramatically improve usability and deliver hyper-relevant insights to empower the sales teams to act swiftly on crucial opportunities. At the same time, they also enable extended account teams and leadership to collaborate better together—and, ultimately, win. A garment producer is already finding success using this future-proof innovative approach. Pairing predictive technology and tech-savvy talent, the global manufacturing company is driving a significant revenue growth and improving the customer experience in these new times. It’s also boosting productivity and efficiency through a blend of advanced analytics and talent-matching algorithms.
  • 15. 15 HowtoRespond All hands and tech on deck: Rally your teams around the new—from data to platforms to processes and beyond Create True Customer Visibility Guide the Salesforce Crack the Anti-Technology Code • One Truth, Not Many Designate your marketing, sales and service platforms as a combined single source of truth for your campaigns, leads, customers and partners • Get the Full Picture Use new data sources (first- and third- party and dark data, among others) to capture an insightful 360-degree view of your customers. And, be sure this key data is fed directly into your one source of truth • Now, Use It Commit to a roadmap that makes the most of big data, cloud computing and AI/ML tools in ways that improve your marketing, sales and service platforms • Stay on Target Embed AI capabilities in your sales platform to focus your sales teams on higher probability, higher value opportunities in markets that are demonstrating early crisis recovery • Arm Sellers with Relevant Market Insights Equip sales teams with a dynamic dashboard clearly broken down by market and territory levels and curated to existing customers and prospects • Know What to Know … to Win Provide a quick double-click view into existing customers and prospects, exploring the status of their business, financial data, relationships and entire interaction history • Less is More Furnish sellers with smarter tools that arm them with meaningful insights and help them seize opportunities at the right moment • Keep It Simple Simplify the complete digital experience from ease of navigation to sales team field setup • Make It Easy Enable seamless data capture and increase quality through automated integration of internal and external data sources • Coach and Govern Develop reinvented playbook-led coaching to help sellers tap into the functionality that accelerates sales results; structure leadership oversight to drive outcomes from enhanced visibility, collaboration and reporting cadence
  • 16. 16 These trying times will most likely have a lasting ripple effect on consumer behaviors, supply chains and routes to market. Sales operations will most likely be heavily impacted. However, out of uncertainty springs innovation and ingenuity. Unprecedented times bring about unprecedented opportunities. Amid disruption, resilience and reinvention create hope and a lasting change. Navigating the crisis requires an entirely new playbook. Embracing a balanced approach is essential to managing the near term while preparing for the future. Accenture is helping clients outmaneuver uncertainty in both short- and long-term. We’re committed to helping organizations emerge stronger, and grow and flourish in the days ahead. You can count on us to help your company stabilize revenue, keep pace with evolving demand and forge new, disruptive and sustainable growth pathways. Through it all, we are here to help. Wearehereto helpyou
  • 17. 17 How Accenture can help you create a strong future NOW Reimagine offers to meet evolving needs of customers Rebalance sales talent, assets and investments Protect and recapture revenue in the new normal Create customer visibility and outreach in a rapidly changing environment • Embrace a real-time, AI- driven response capability that plugs you into continuous local insights • Identify and prioritize at-risk customers for proactive early intervention, support and retention • Develop scenario planning for all customer classes to position for sudden shifts • Nimbly tailor your offers to fast-changing, new customer needs; target the right segments, bundle products and services, and update commercial contracting terms • Create a renewed demand tracking and scouting capability • Be ready to rapidly adapt new offers on the fly so you can rise from the downturn as a market leader • Create powerful new ways to keep current customers and rescue at-risk deals • Steer your sales team to must-win opportunities and transform service interactions into new sales • Create pathways to effective inside sales and accelerate digital sales channels • Redistribute and enhance go-to-market investment ROI by revising commercial treatments and boosting negotiation capabilities • Assess pricing and discount policies while adjusting for demand generation spend as well as for shifting sales skills and coverage
  • 18. 18 1. Techrunch. GE and Microsoft are bringing a COVID-19 patient monitoring tool to health systems. 2. The Harris Poll. Small Businesses are Pivoting to Stay Afloat. 3. Bloomreach. Commerce Pulse: Update on NA, UK & EU eCommerce Traffic and Sales - Wk of March 29–April 4, 2020. 4. CSO Insights. All That Glitters Is Not Gold: Key Findings From The CSO Insights 2019 World-Class Sales Practices Study. 5. CSO Insights. Fifth Annual Sales Enablement Study. 6. CSO Insights. All That Glitters Is Not Gold: Key Findings From The CSO Insights 2019 World-Class Sales Practices Study. References
  • 19. To help our clients navigate both the human and business impact of COVID-19, we’ve created a hub of all of our latest thinking on a variety of topics. Each topic highlights specific actions which can be taken now, and what to consider next as industries move toward a new normal. From leadership essentials to ensuring productivity for your employees and customer service groups to building supply chain resilience and much more, our hub will be constantly updated. Check back regularly for more insights. VISIT OUR HUB HERE
  • 20. Dawn Anderson Senior Managing Director, Global Lead Customer Sales & Service Steve Soechtig Managing Director Customer Sales & Service Strategy Mark Wachter Managing Director Customer Sales & Service Strategy Jennifer Lidsky Managing Director Customer Sales & Service Strategy 20 Contacts Bruce Holley Senior Managing Director North America Lead Customer Sales & Service Craig Simpson Managing Director Customer Sales & Service Strategy Ulf Goreskopf Managing Director Customer Sales & Service Strategy Mark Gaylard Managing Director Customer Sales & Service Strategy
  • 21. DISCLAIMER: This document is intended for general informational purposes only and does not take into account the reader’s specific circumstances, and may not reflect the most current developments. Accenture disclaims, to the fullest extent permitted by applicable law, any and all liability for the accuracy and completeness of the information in this presentation and for any acts or omissions made based on such information. Accenture does not provide legal, regulatory, audit, or tax advice. Readers are responsible for obtaining such advice from their own legal counsel or other licensed professionals. This document makes descriptive reference to trademarks that may be owned by others. The use of such trademarks herein is not an assertion of ownership of such trademarks by Accenture and is not intended to represent or imply the existence of an association between Accenture and the lawful owners of such trademark Copyright © 2020 Accenture All rights reserved. Accenture, its logo, and New Applied Now are trademarks of Accenture. AboutAccenture Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network— Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 509,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com