SlideShare a Scribd company logo
1 of 16
Download to read offline
Selling in a fast
changing world


Challenges & Global Best
Practices
Universal challenges

• No time and/or desire to see salespeople – “Send me an email”

• Exposure overload

• The purchasing process vs the selling process

• The www

• Globalisation – preferred vendors

• The fixation that price only matters
Universal challenges

• Buyers are often better educated in terms of solutions than
sellers!

• An increased reliance upon trusted referral sources when
seeking to meet a need.

• Competing with well established global brands

• Getting the meeting

• Getting the potential customer to see the value!
What has essentially changed?

• The focus moves from what you want to sell ….. to what customers need
• Aligning needs and value turns sales people into agents of value
• Sales has become a process focused activity
• Review your “Revenue line” Think retention – penetration - acquisition

• You can’t just go out there and sell ….. You need to target high
  probability segments

• Your customers don’t want features and benefits … they are
  looking for value
• Re-assess your “ Golden Hour” process ….. Lead by following

• Relationships are paramount
What will remain essential practice as we
                  move forward

• The face-to-face sales meeting remains the most effective method of
   uncovering needs and projecting value …… and building relationships



• Essential to the process is an efficient system of segmentation, positioning
   and targeting


 • Process focus – after all, we need a uniform approach to our market
Best Practice Organisations ….


Segmentation
     &          Focus on Segmentation & Targeting
  Targeting



• Most companies use a logical approach to ‘access’ the market

• Lead generation systems focus on High Probability segments
Active Sales
   Management
                   Focus on Active Sales Management



• Sales managers drive performance and revenue

• Sales managers lead, coach, mentor, plan, execute, motivate
  and control

• Sales managers manage, they don’t do the selling!

 • Sales managers are by definition performance coaches
Training &     Focus on Training and Coaching
     Coaching
                     US companies spend $1.7b on training

•   Use customized training programs
•   Train selling skills
•   Train sales process
•   Train systems utilisation (CRM & tracking tools)
•   Train product knowledge
•   Train negotiation skills
•   Train presentation skills
•   They don’t stop !!
            One on one coaching is priceless – Managers are coaches

         4 Coaching sessions are needed in the 16 week period following
                     training or learning decay will be 80%
CRM Systems       Focus on CRM Systems



• CRM systems provide a repository of customer and prospect contacts
• CRM systems provide activity visibility

• CRM systems provide sales deal flow visibility

• CRM systems provide interaction continuity

 • CRM metrics drive sales success
Organisational    Focus on Organisational Structure
  Structure




  • Defined structures – acquisition – retention – penetration

  • Optimised deployment - reconcile opportunities with capacity

   • Clear roles and responsibities
Sales Process     Focus on Sales Processes


      “Most managers have never attempted to diagram the sales
              process for their product or service.

• Process defines the way we work

• Process ensures a universal approach to the market

• Process provides visibility and measurability

• Process keeps the sales organisation on - track
Performance      Focus on Performance Management
Management



• Use an “active” performance management system

• Have clear measures and accountabilities that link with the
  organisation’s strategy and objectives

• Use coaching to correct skills and performance and skills
  deficiencies
Compensation     Focus on Compensation




• Use a basic salary as a foundation

• Use an incentives as a motivational tool (uncapped!!)

• Use reward systems as a motivational tool

• Use recognition systems as the ultimate motivational tool
Finally,

                      Best Practice Organisations ….


Relationships   Focus on Relationships

                Building Trust

                Commitment

                Creating Mutuality
Best Practice Organisations ….


                     Segmentation        Active Sales
                          &              Management
                       Targeting

                                                              Training &
    Compensation
                                                                Skills




Performance                   Global Sales
                                                                       CRM
Management                    Best Practice



           Sales
                                                        Organization
         Processes                                       Structure

                                Relationships
Carpedia Consulting (Pty) Ltd
PO Box 1701
GALLO Manor
2052

Building 2
Country Club Estates
Woodlands Drive
Woodmead
Sandton
South Africa

Tel: 27-11 – 258-8813
Fax: 27-11- 258-8511
Mob: 27-82-888-0228
Email: info@carpedia.co.za
www.carpedia.co.za

More Related Content

Viewers also liked

Job Board Summit presentation
Job Board Summit presentationJob Board Summit presentation
Job Board Summit presentationRandle Reece
 
Alphabetz network profile
Alphabetz network profileAlphabetz network profile
Alphabetz network profiletechnocats
 
T fd e logística externa de exportación de quinua 18 agosto 2015
T fd e logística externa de exportación de quinua 18 agosto 2015T fd e logística externa de exportación de quinua 18 agosto 2015
T fd e logística externa de exportación de quinua 18 agosto 2015Norma Silvia Huaman
 
均瑩建設公司簡介
均瑩建設公司簡介均瑩建設公司簡介
均瑩建設公司簡介ing15151
 
Zjames_final-9-23-08-0024793-dissertation-read only
Zjames_final-9-23-08-0024793-dissertation-read onlyZjames_final-9-23-08-0024793-dissertation-read only
Zjames_final-9-23-08-0024793-dissertation-read onlyDrzenobia James
 
Terapia Física en niños con Sindrome de down
Terapia Física en niños con Sindrome de downTerapia Física en niños con Sindrome de down
Terapia Física en niños con Sindrome de downLembesita
 

Viewers also liked (9)

Job Board Summit presentation
Job Board Summit presentationJob Board Summit presentation
Job Board Summit presentation
 
Alphabetz network profile
Alphabetz network profileAlphabetz network profile
Alphabetz network profile
 
T fd e logística externa de exportación de quinua 18 agosto 2015
T fd e logística externa de exportación de quinua 18 agosto 2015T fd e logística externa de exportación de quinua 18 agosto 2015
T fd e logística externa de exportación de quinua 18 agosto 2015
 
Adolescente
AdolescenteAdolescente
Adolescente
 
___(2)
  ___(2)  ___(2)
___(2)
 
均瑩建設公司簡介
均瑩建設公司簡介均瑩建設公司簡介
均瑩建設公司簡介
 
Zjames_final-9-23-08-0024793-dissertation-read only
Zjames_final-9-23-08-0024793-dissertation-read onlyZjames_final-9-23-08-0024793-dissertation-read only
Zjames_final-9-23-08-0024793-dissertation-read only
 
Nuban pembangunan
Nuban pembangunanNuban pembangunan
Nuban pembangunan
 
Terapia Física en niños con Sindrome de down
Terapia Física en niños con Sindrome de downTerapia Física en niños con Sindrome de down
Terapia Física en niños con Sindrome de down
 

More from Carpedia Consulting

100 ways to motivate your people and keep them motivated
100 ways to motivate your people and keep them motivated100 ways to motivate your people and keep them motivated
100 ways to motivate your people and keep them motivatedCarpedia Consulting
 
Perspectives on Sales Leadership - The sales Leadership / Management Dilemma
Perspectives on Sales Leadership - The sales Leadership / Management DilemmaPerspectives on Sales Leadership - The sales Leadership / Management Dilemma
Perspectives on Sales Leadership - The sales Leadership / Management DilemmaCarpedia Consulting
 
Stop Pushing Sales! Focus on the Art and Science of Revenue Conversion
Stop Pushing Sales! Focus on the Art and Science of Revenue Conversion Stop Pushing Sales! Focus on the Art and Science of Revenue Conversion
Stop Pushing Sales! Focus on the Art and Science of Revenue Conversion Carpedia Consulting
 
Marketing spend that drives value
Marketing spend that drives valueMarketing spend that drives value
Marketing spend that drives valueCarpedia Consulting
 
The science of selling chapter 4
The science of selling chapter 4The science of selling chapter 4
The science of selling chapter 4Carpedia Consulting
 
The science of selling white paper
The science of selling white paperThe science of selling white paper
The science of selling white paperCarpedia Consulting
 

More from Carpedia Consulting (9)

100 ways to motivate your people and keep them motivated
100 ways to motivate your people and keep them motivated100 ways to motivate your people and keep them motivated
100 ways to motivate your people and keep them motivated
 
Perspectives on Sales Leadership - The sales Leadership / Management Dilemma
Perspectives on Sales Leadership - The sales Leadership / Management DilemmaPerspectives on Sales Leadership - The sales Leadership / Management Dilemma
Perspectives on Sales Leadership - The sales Leadership / Management Dilemma
 
Mobile CRM
Mobile CRMMobile CRM
Mobile CRM
 
Stop Pushing Sales! Focus on the Art and Science of Revenue Conversion
Stop Pushing Sales! Focus on the Art and Science of Revenue Conversion Stop Pushing Sales! Focus on the Art and Science of Revenue Conversion
Stop Pushing Sales! Focus on the Art and Science of Revenue Conversion
 
Selling in downturn
Selling in downturnSelling in downturn
Selling in downturn
 
Lean six sigma customer service
Lean six sigma customer serviceLean six sigma customer service
Lean six sigma customer service
 
Marketing spend that drives value
Marketing spend that drives valueMarketing spend that drives value
Marketing spend that drives value
 
The science of selling chapter 4
The science of selling chapter 4The science of selling chapter 4
The science of selling chapter 4
 
The science of selling white paper
The science of selling white paperThe science of selling white paper
The science of selling white paper
 

Recently uploaded

Powers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdfPowers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdflinciy03
 
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdfDaftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdfAgusHalim9
 
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...Rahul Bedi
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Alejandro Cremades
 
Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corp.
 
How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future worldChris Skinner
 
TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024Adnet Communications
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportDubai Multi Commodity Centre
 
Pitch Deck Teardown: Terra One's $7.5m Seed deck
Pitch Deck Teardown: Terra One's $7.5m Seed deckPitch Deck Teardown: Terra One's $7.5m Seed deck
Pitch Deck Teardown: Terra One's $7.5m Seed deckHajeJanKamps
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowMiriam Robeson
 
A Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettA Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettJacobBadgett
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerAlejandro Cremades
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsStefan Wolpers
 
Aptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdfAptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdfprchbhandari
 
Event Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybridEvent Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybridHolger Mueller
 
tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)Norah Medlin
 
zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdfzukhrafshabbir
 
How to Maintain Healthy Life style.pptx
How to Maintain  Healthy Life style.pptxHow to Maintain  Healthy Life style.pptx
How to Maintain Healthy Life style.pptxrdishurana
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfmstarkes24
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.FelixPerez547899
 

Recently uploaded (20)

Powers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdfPowers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdf
 
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdfDaftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
 
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)
 
Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024
 
How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
 
TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
 
Pitch Deck Teardown: Terra One's $7.5m Seed deck
Pitch Deck Teardown: Terra One's $7.5m Seed deckPitch Deck Teardown: Terra One's $7.5m Seed deck
Pitch Deck Teardown: Terra One's $7.5m Seed deck
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to Know
 
A Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettA Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob Badgett
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An Explainer
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & Transformations
 
Aptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdfAptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdf
 
Event Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybridEvent Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybrid
 
tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)
 
zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdf
 
How to Maintain Healthy Life style.pptx
How to Maintain  Healthy Life style.pptxHow to Maintain  Healthy Life style.pptx
How to Maintain Healthy Life style.pptx
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 

Selling in fast changing world

  • 1. Selling in a fast changing world Challenges & Global Best Practices
  • 2. Universal challenges • No time and/or desire to see salespeople – “Send me an email” • Exposure overload • The purchasing process vs the selling process • The www • Globalisation – preferred vendors • The fixation that price only matters
  • 3. Universal challenges • Buyers are often better educated in terms of solutions than sellers! • An increased reliance upon trusted referral sources when seeking to meet a need. • Competing with well established global brands • Getting the meeting • Getting the potential customer to see the value!
  • 4. What has essentially changed? • The focus moves from what you want to sell ….. to what customers need • Aligning needs and value turns sales people into agents of value • Sales has become a process focused activity • Review your “Revenue line” Think retention – penetration - acquisition • You can’t just go out there and sell ….. You need to target high probability segments • Your customers don’t want features and benefits … they are looking for value • Re-assess your “ Golden Hour” process ….. Lead by following • Relationships are paramount
  • 5. What will remain essential practice as we move forward • The face-to-face sales meeting remains the most effective method of uncovering needs and projecting value …… and building relationships • Essential to the process is an efficient system of segmentation, positioning and targeting • Process focus – after all, we need a uniform approach to our market
  • 6. Best Practice Organisations …. Segmentation & Focus on Segmentation & Targeting Targeting • Most companies use a logical approach to ‘access’ the market • Lead generation systems focus on High Probability segments
  • 7. Active Sales Management Focus on Active Sales Management • Sales managers drive performance and revenue • Sales managers lead, coach, mentor, plan, execute, motivate and control • Sales managers manage, they don’t do the selling! • Sales managers are by definition performance coaches
  • 8. Training & Focus on Training and Coaching Coaching US companies spend $1.7b on training • Use customized training programs • Train selling skills • Train sales process • Train systems utilisation (CRM & tracking tools) • Train product knowledge • Train negotiation skills • Train presentation skills • They don’t stop !! One on one coaching is priceless – Managers are coaches 4 Coaching sessions are needed in the 16 week period following training or learning decay will be 80%
  • 9. CRM Systems Focus on CRM Systems • CRM systems provide a repository of customer and prospect contacts • CRM systems provide activity visibility • CRM systems provide sales deal flow visibility • CRM systems provide interaction continuity • CRM metrics drive sales success
  • 10. Organisational Focus on Organisational Structure Structure • Defined structures – acquisition – retention – penetration • Optimised deployment - reconcile opportunities with capacity • Clear roles and responsibities
  • 11. Sales Process Focus on Sales Processes “Most managers have never attempted to diagram the sales process for their product or service. • Process defines the way we work • Process ensures a universal approach to the market • Process provides visibility and measurability • Process keeps the sales organisation on - track
  • 12. Performance Focus on Performance Management Management • Use an “active” performance management system • Have clear measures and accountabilities that link with the organisation’s strategy and objectives • Use coaching to correct skills and performance and skills deficiencies
  • 13. Compensation Focus on Compensation • Use a basic salary as a foundation • Use an incentives as a motivational tool (uncapped!!) • Use reward systems as a motivational tool • Use recognition systems as the ultimate motivational tool
  • 14. Finally, Best Practice Organisations …. Relationships Focus on Relationships Building Trust Commitment Creating Mutuality
  • 15. Best Practice Organisations …. Segmentation Active Sales & Management Targeting Training & Compensation Skills Performance Global Sales CRM Management Best Practice Sales Organization Processes Structure Relationships
  • 16. Carpedia Consulting (Pty) Ltd PO Box 1701 GALLO Manor 2052 Building 2 Country Club Estates Woodlands Drive Woodmead Sandton South Africa Tel: 27-11 – 258-8813 Fax: 27-11- 258-8511 Mob: 27-82-888-0228 Email: info@carpedia.co.za www.carpedia.co.za