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Senior Level
Decision Maker Selling
by The Brooks Group
Here are
seven questions to consider:
- Are your salespeople
prospecting/selling at the right level?
- Where do your
salespeople currently and comfortably enter accounts?
- Are they getting
in front of the right people?
- Are your salespeople
entering at the appropriate level within an account that matches the
level of expenditure, commitment and long term value to the prospect
that your product or service represent?
- Do they have
enough depth in their existing accounts?
- Are your salespeople
comfortable interfacing with “head honcho” Senior Executives?
- Do they have
the capacity to build relationships with a wide variety of people at
varying levels in an organization?
Far too many salespeople
tend to enter an account at a level that is comfortable, easy and expedient.
Salespeople who enter
an account too low, meaning they start selling to a person in an account
with little or no authority, tend to do so for one or more of the following
reasons:
- Their self-image
makes them feel inferior to key decision makers in an account and they
don’t feel comfortable “rubbing elbows” with people
at the top of the org chart. This self-image issue is related to the
famous line from the old Wayne’s World SNL skit, “We’re
not worthy!” That may seem like an odd connection and a tongue-in-cheek
point, but your salespeople’s self-image can make or break your
bottom-line.
- That’s where
they were trained to enter an account and that’s the way it has
always been done. You might hear something like, “I just always
go see the person at the front desk and they’ll send you to the
right person.” The old, “if it ain’t broke don’t
fix it” routine. The problem with doing it the way it’s
always been done is you don’t know how many opportunities are
being left on the table or squandered – your salespeople may not
know how good things could be if they were talking to people with more
authority.
-
They don’t qualify their prospects well enough and they settle
for talking to anybody who will listen. In most cases people who will
listen to a salesperson for the sake of listening don’t have much
going on and they’re happy to spend hours burning the clock on
the company dime.
- They’re
not positioned well in the marketplace. The most successful salespeople
are those who develop a pseudo industry-celebrity status in the market.
Senior Level Decision Makers will listen to those people who they believe
have something important to say. Personal positioning is key to your
sales team’s success.
In many cases salespeople
are driven to set appointments by quota crazy sales managers who demand
that they make a certain number of calls or presentations per week.
The result?
Lots of salespeople
calling on too many of the wrong people.
You can help your
sales team penetrate accounts at a higher level by identifying how your
product or service fits into your customer’s overall direction and
their motive for buying from you.
Determine
where your product or service fits:
- Is your product
or service strategic and essential to the overall business strategy
of your prospect?
- Is your product
or service an operational component that relates to day-to-day activities
of your prospect?
- How much impact
does your product or service have on your customers’ profitability,
revenue or cash flow?
- Would you consider
your product/service an “A” priority purchase – like
jet fuel for an airline, a “B” priority purchase –
like foam cushioning for seats on the same airline, or a “C”
priority purchase – like ice for soft drinks for passengers.
- How will your
product or service impact the long-term direction of your customers
business?
- Is your product
or service seen as a commodity?
- How exclusive
is your product or service?
All of these issues
play an essential role in determining where your salespeople should first
attempt to enter an account.
If you are selling
something that is not exclusive and purely operational in application,
your salespeople are probably calling on someone at that level. However,
what happens when your competitor gets the attention of someone with far
more “clout,” directional strategy and authority within your
account?
No matter what you
sell, train your salespeople to enter at as high a level as possible.
This will position your product or service more strategically (it doesn’t
matter if you’re selling cleaning services, computers or cars).
When salespeople enter an account at lower levels, they run the risk of
becoming a “supplier” — someone who provides commodities,
often only temporarily until someone else offers a lower price. Entering
an account at the highest level will align your product or service with
the long-term strategy of the buyer. Forging a consultative partnership
with key decision makers means you’re less vulnerable to price competition
and your relationship is more likely to weather future changes within
that organization.
Part of your job
as a sales manager is to help your sales people sell “smarter.”
That means, getting your sales people to understand Senior-Level-Decision-Maker
Selling.
SLDM Selling
means:
- Your salespeople
are selling to the highest levels within an account.
- Your salespeople
understand the importance of being “handed down.”
- Your salespeople
are creating partnerships with executive level customers.
- Your salespeople
are working with executive level customers to provide a wide range of
solutions and applications.
- Your salespeople
are developing relationships in their accounts with a wide-range of
people with
varying levels of authority and influence.
Here is a
breakdown of the three levels of buyers that your salespeople are likely
to face:
- SLDM – Strategic
Buyers (Their concern: “How will it benefit our long-term business
strategy?”)
- Middle Management
– Operational Buyers (Their concern: “How will we put your
product or service
into place?”)
- Personnel –
Logistical Buyers (Their concern: “How much more work will your
product or service require?”)
Click
here for a worksheet diagramming the Decision- Making Pyramid.
In your next sales
meeting present these concepts to your salespeople. Give them a copy of
the Decision-Making Pyramid and then have them complete their own personal
Decision-Making Pyramid for an existing account.
Although it is initially
difficult to enter accounts at high levels, it makes both selling and
servicing within the account much easier.
After conducting
this exercise with your salespeople, they will be more equipped to target
key decision-makers. You should see increased penetration in existing
accounts, higher rates of client retention and less price resistance.
To find more articles
like this one and to refer your friends and colleagues to the IMPACT Sales
and Sales Management Bulletin go to www.salesmgmt-ezine.com
The IMPACT Newsletter
© 2006 The Brooks Group. All Rights Reserved.
For article reprint permission, please contact mwarrick@thebrooksgroup.com
Contact Information:
Megan Warrick
The Brooks Group
3810 N. Elm Street - Suite 202
Greensboro NC 27455
800-633-7762
www.brooksgroup.com
e-mail: mwarrick@thebrooksgroup.com
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