This document discusses the importance of gaining internal approval, or "internal sale", for new business ideas and projects. It notes that internal approval is often more difficult than external sales and can stall projects. The key is to understand internal decision-making, communicate the value proposition to different stakeholders, and prepare by anticipating objections. Stakeholder mapping identifies supporters, blockers, and influencers. Interpersonal skills like listening, addressing concerns privately, and avoiding blame are important. The same sales principles of planning, understanding needs, and gaining early support should be applied internally.
Part of your perks for attending the 2014 Summit in Denver was to get first access to the deliverables from the Crowdsourcing session led by Joe Galvin. Read the 12 Best Practices You Can Start Using Today .
What You Should Expect from Your Advertising Agency Account ExecutivesCarlton Associates Inc
The role of the agency account executive is changing. Yet many agencies have not yet profiled what their AEs of the 21st Century should be like. Or what they should expect from them.
Here are some thoughts on creating that profile and establishing expectations.
Part of your perks for attending the 2014 Summit in Denver was to get first access to the deliverables from the Crowdsourcing session led by Joe Galvin. Read the 12 Best Practices You Can Start Using Today .
What You Should Expect from Your Advertising Agency Account ExecutivesCarlton Associates Inc
The role of the agency account executive is changing. Yet many agencies have not yet profiled what their AEs of the 21st Century should be like. Or what they should expect from them.
Here are some thoughts on creating that profile and establishing expectations.
Sales stuck in Negotiation? Is it winning the deal or relationship?Learn the Steps to Negotiate. Learn Negotiation Strategies and Communication Styles.
Developing selling skills presented at lorache consulting lagosDaniel Chinagozi
Effective Selling Skills Presentation, during and in-house training For Lorache Consulting Lagos, Nigeria. Sharing on how to move from Transactional selling to Consultative selling
ZOOM PITCHING INVESTORS USING P.E.A.K.SAndré Harrell
Okay, I’ve had enough…not seeing “Centers of Excellence” founder zoom pitches.
Yes, I understand we are in a global pandemic so “Live Pitches” to investors are not happening. So, we’re all left to zoom pitching investors…is that really an excuse for the HORRIBLE zoom pitches I’ve witnessed. C’mon man!!!
This management tip focuses on why Business Owners often fail to implement the change necessary to drive their companies forward. In this Tip we focus on some of the major errors that lead to failure in implementing and enforcing the steps necessary to grow your company.
First and foremost we understand the reasons why training fails, and you should to!
As a Business Owner or President of a Sales Organization any decision to take your company to the next level is one that you take seriously.
Many Business Owners we speak with are either skeptical of, or have had a less than productive experience training their sales people
We urge you to review this presentation and call us direct at 866-816-0991
DO YOU HAVE A FEAR OF ASKING QUESTIONS DURING SALES?jerianasmith
I spend about 80% of my time working with sales professionals to perfect their ability to structure the questions that need to be asked. They all understand the importance of asking questions but need some assistance in creating their own tailored versions. Salesmen often enjoy the exercise of deciphering which questions uncover the compelling reasons the prospect should do business with them. We all need to ask clients questions concerning budget, the decision-making process, and what the next steps should be. Even rapport and relationship building are best built by asking questions. People like to talk about themselves; if you keep the questions coming, you are more likely to make a positive impact on your prospects.
This deck shares the common issues faced by organizations in inducting senior lateral hires in sales and how to tackle them. A poorly done induction could lead to disengagement or premature exit.
At some point every successful company faces the issue of breaching "the plateau". But how do you you rediscover the focus & energy that made the company great in the first place.
The truth is that your competitors are stronger than ever and the only way to keep ahead of them is to rediscover your “secret sauce”. To do this you need to take stock and build a realistic picture of the current state of your business. You need to have an objective picture of your strengths and weaknesses so that you can develop a strategy that uses each to best effect.
To help you with this I have developed a half day process that will get you thinking differently. It will break the cycle and allow you to rediscover the magic.
As organizations strive to sell more solutions, their reps will increasingly face off against a variety of senior- level buying roles. To improve these interactions, sales leaders should adopt a systematic process to help reps. This brief introduces and examines the components of ONE process for selling to senior executives, and explores the options of segmenting the sales force and/or leveraging subject matter experts (SMEs) when looking to reach these buyers.
Sales stuck in Negotiation? Is it winning the deal or relationship?Learn the Steps to Negotiate. Learn Negotiation Strategies and Communication Styles.
Developing selling skills presented at lorache consulting lagosDaniel Chinagozi
Effective Selling Skills Presentation, during and in-house training For Lorache Consulting Lagos, Nigeria. Sharing on how to move from Transactional selling to Consultative selling
ZOOM PITCHING INVESTORS USING P.E.A.K.SAndré Harrell
Okay, I’ve had enough…not seeing “Centers of Excellence” founder zoom pitches.
Yes, I understand we are in a global pandemic so “Live Pitches” to investors are not happening. So, we’re all left to zoom pitching investors…is that really an excuse for the HORRIBLE zoom pitches I’ve witnessed. C’mon man!!!
This management tip focuses on why Business Owners often fail to implement the change necessary to drive their companies forward. In this Tip we focus on some of the major errors that lead to failure in implementing and enforcing the steps necessary to grow your company.
First and foremost we understand the reasons why training fails, and you should to!
As a Business Owner or President of a Sales Organization any decision to take your company to the next level is one that you take seriously.
Many Business Owners we speak with are either skeptical of, or have had a less than productive experience training their sales people
We urge you to review this presentation and call us direct at 866-816-0991
DO YOU HAVE A FEAR OF ASKING QUESTIONS DURING SALES?jerianasmith
I spend about 80% of my time working with sales professionals to perfect their ability to structure the questions that need to be asked. They all understand the importance of asking questions but need some assistance in creating their own tailored versions. Salesmen often enjoy the exercise of deciphering which questions uncover the compelling reasons the prospect should do business with them. We all need to ask clients questions concerning budget, the decision-making process, and what the next steps should be. Even rapport and relationship building are best built by asking questions. People like to talk about themselves; if you keep the questions coming, you are more likely to make a positive impact on your prospects.
This deck shares the common issues faced by organizations in inducting senior lateral hires in sales and how to tackle them. A poorly done induction could lead to disengagement or premature exit.
At some point every successful company faces the issue of breaching "the plateau". But how do you you rediscover the focus & energy that made the company great in the first place.
The truth is that your competitors are stronger than ever and the only way to keep ahead of them is to rediscover your “secret sauce”. To do this you need to take stock and build a realistic picture of the current state of your business. You need to have an objective picture of your strengths and weaknesses so that you can develop a strategy that uses each to best effect.
To help you with this I have developed a half day process that will get you thinking differently. It will break the cycle and allow you to rediscover the magic.
As organizations strive to sell more solutions, their reps will increasingly face off against a variety of senior- level buying roles. To improve these interactions, sales leaders should adopt a systematic process to help reps. This brief introduces and examines the components of ONE process for selling to senior executives, and explores the options of segmenting the sales force and/or leveraging subject matter experts (SMEs) when looking to reach these buyers.
TLSA, a popular provider of sales training solutions, offers expert consultancy, training, and eLearning solutions for sales teams across the globe. Their seasoned sales experts work closely with clients to identify areas for improvement, develop customised solutions, and implement strategies that drive revenue growth. For more information, please visit: https://tlsasalestraining.co.uk/
Successful selling in a new market or new business is a blend of art and science, creativity and discipline. But no matter what you’re selling, and to whom, a certain foundation of core strategies can get you off on the right track and accelerate your path to customer and revenue growth.
Sales for Startups gives entrepreneurs, business owners and startup leaders a set of fundamental sales tools, processes and best practices to begin selling and producing results fast, with a foundation in place that can facilitate rapid scalability. Whether you’re building a sales effort from scratch or looking to improve an existing team, this book will give you specific new ideas and insights to hit and exceed your number.
What makes a new business venture successful? This paper outlines the key questions every entrepreneur should ask and have answers for before they launch a new venture.
Similar to Winning Edge article - All for One - Buzza (20)
2. &Failto prepare – and prepareto fail
Does this scenario ring any bells? You have a great idea
for improving business performance – it makes absolute
sense to you – and after some persuasive explanation,
your team and your clients (customers, suppliers or
partners) love it too. But it does not fly inside your own
company, instead stagnating in the pending tray of your
boss amongst all the other routine issues that are
constantly overtaken by ‘more pressing matters’.
The whole sales and/or implementation process is
halted because a critical element has been overlooked,
the ‘internal sale’. This is the process of getting the
‘buy-in’ from your own business and it is often more
difficult than selling the proposition externally.
Why is this? Predominantly, this type of situation
occurs because you have been amateurish in planning
and preparing the launch of your idea or project. You
have ignored the interests of your own stakeholders and
do not have their buy-in. Few business functions have the
resources and authority to accomplish assignments
unilaterally and, consequently, need cross-functional
support. You need to recognise that far from being the
sleek, efficient machine you wish your company was, it is
in fact a complex entity that needs to be coaxed and
guided to new and different ways of doing things. In
many cases, the internal sale is a more sensitive issue
than the external one and is riddled with negative
reaction or stagnation. This may be because of a fear of
failure, concerns about costs and return on investment
(ROI), or from memories of previous bad experiences
when new ideas were unsuccessful. It may also be as a
result of an impending shift in the balance of power as a
result of your new initiative, and this could lead to over
protectionism and ‘blocking’ of changes. Understanding
these issues is key to overcoming them.
This is a challenge for more than just the sales team.
Every cross-functional team will need to convey their
ideas persuasively to the rest of the organisation, so
internal sales skills are needed by a very broad church.
But sales leaders clearly hold some advantages.
Managingthe stakeholders involved
Communication with the stakeholders is a given. But
stakeholder management principles are really important
in managing the internal sale. These are generally based
Winning Edge | 35
All for one
one for all?Managing the expectations and reactions of your colleagues – the
‘internal sale’ – can be as important as the external sales process.
Simon Buzza advises on how to set about it
the internal sale feature
on a simple Boston matrix measuring interest/co-
operation in the project against degree of influence and
power over the project (see the diagram below). The
positioning in this matrix determines the appropriate
actions to be taken when managing the stakeholder.
Interest tends to focus on the bottom right quadrant (the
potential blockers). Use a graded scale (+10 to -10) to
determine the level of blocking you might expect from
certain stakeholders.
It is sometimes helpful to consider another
perspective. When we step back from the detail, there are
only four positions stakeholders can take:
1. Stop it from happening – Identifying stakeholders
with this attitude is a must. Then you can decide how to
deal with it
2. Let it happen – Most stakeholders are likely to be in
this group
3. Help it happen – This group should include the key
decision-makers and influencers. Get this piece wrong
and your project will stagnate or be rejected
4. Make it happen – Unfortunately, this could just be
you, but it could also include a number of other
stakeholders with a vested interest in making the
proposition successful.
A common situation is the ‘diagonal nod’, whereby the
stakeholder appears to be indicating agreement and
support, but is actually firmly in the ‘stop it from
happening’ camp. This situation is best dealt with by
recording decisions and agreement in writing as they are
made. Do not allow leeway or delays, as the more
unscrupulous stakeholders will exploit this to avoid
making firm commitments.
3. Successful internal sales – Do’s
and Don’ts
We invest considerable time and effort in
developing external sales and marketing
skills, but all this could be wasted if our
own colleagues will not support us.
Consequently, we need to devote some
more time and effort, and a professional
approach, to the internal sale, and to
developing a robust business case as to
why it should happen. First and foremost, this means
understanding and adopting the five key ‘Do’s and
Don’ts’ of internal sales:
Do:
Understand the internal decision-making process
Understand how decisions are made internally; map out
who the decision-makers are, and also the key
influencers and stakeholders. Who are the supporters
and who are the blockers?
Communicate value
Develop value propositions that meet internal business
needs and satisfy the key decision-makers, such as a
compelling business case, ROI, and business benefits for
the internal stakeholders. You will need to be smart here
to determine different value propositions for different
stakeholders. For example, the value proposition for the
CFO will be different to that of the CIO or COO
(remember WIFM – ‘what’s in it for me?’). Finally, make
sure that your proposal is clearly linked to a business
imperative or need such as, “I have an idea that fits
perfectly with our goal of ...”, as this helps to defuse
emotional arguments.
Prior preparation and planning
Prepare, plan and rehearse your ‘sales pitch’ so that it is
persuasive, effective and efficient. Practise dealing with
difficult contingencies, objections and questions from
key stakeholders such as the CFO who says “we cannot
afford this right now” or the adviser who says “we can’t
do this because it breaks the regulations”. Expect to meet
some resistance and make a plan for dealing with it. In
doing so, you will build your own self-confidence and
belief in your project.
Personal briefings
Plan visits to see individual stakeholders prior to key
decision meetings, so you can make your pitch and they
have a chance to address their key concerns with you
privately (rather than embarrassing them in front of their
colleagues). Often these internal meetings will hinge on
highly emotional conversations. So, treat your internal
customers with the same amount of respect that you
would expect to use with your external clients. It is
important to listen carefully, be respectful of the other
person’s position, defuse the emotion and re-focus on
business benefits. Finally, do not forget to say thanks, a
lot, and with sincerity, because this word is hugely
appreciated but sadly very under-used.
Have passion
Believe in your proposal. Passion and optimism are force
multipliers and are infectious. Perhaps more importantly,
indifference and self-doubt are highly detectable, equally
infectious and potentially disastrous. If you are not fired
up with passion and enthusiasm for your plans, then it is
unlikely that anyone else will be very positive either.
36 | Winning Edge
Don’t:
Underestimate the importance of
internal selling
Failure to understand the importance of
the internal sale, or worse, ignoring its
importance, are fatal mistakes. Prepare,
plan and rehearse for it as you would for
an external customer sale.
Assume others will support you
Do not expect someone else in the
organisation to be as positive and supportive about your
good ideas as you are. Do your stakeholder analysis
extremely diligently, as they may need persuading or,
worse, be in the ‘stop it from happening’ group. Look at
internal resistance as the need for more information.
Don’t be impatient, demanding or overly protective of
your ideas and plans.
Undervalue emotional arguments
Ignoring the emotional arguments from some
stakeholders is a serious miscalculation. People tend to
make emotional decisions and then find a plausible
rationale to underpin them. Let them air their concerns
and fears, but bring them back to the business
imperatives behind your thinking. Giving individuals the
opportunity to talk to you about their reservations has
the dual effect of making them feel better, whilst
ensuring that you are made aware of the full scope of the
issues that concern them.
Personalise errors or shortcomings
If you want to succeed, you should not embarrass key
stakeholders publicly by communicating current
shortcomings in front of others. This can create ill-
feeling and long-term vengefulness. Work with them to
improve the situation rather than apportioning blame.
Make big‘kick-off’announcements
You are setting yourself up for failure. Focus on the
people who need to know and who are going to help
implement your ideas. Then build on successes and
manage pace and momentum.
useyour advantage
The good news in all this is that the potential problem of
the internal sale is eminently manageable. Sales
professionals already understand the processes,
behaviours and attitudes required for a successful client
sale. These same principles need to be applied by them
to the internal sale – plan and prepare properly,
understand the value proposition, get attention early, sell
benefits not features, anticipate objections and ask for
the business.
Just because you are in sales does not mean you can
ignore the importance of the internal sale process. Both
sales and non-sales leaders will have to ‘sell’ to internal
stakeholders. You already have relevant sales knowledge
and skills, but awareness of the issue is the first step to
success. If you can then apply these methods, adhering
to the do’s and don’ts, you will significantly improve
your internal sales performance and raise your profile
within the organisation – for all the right reasons.
feature the internal sale
Contributor Simon Buzza is a Fellow of the ISMM and
founding partner of the NewDawn Partnership, which focuses on
operational improvements to sales and purchasing through training,
consultancy and coaching services. Visit: www.newdawnpartners.com