This document presents findings from an industry benchmark study on sales enablement. It finds that the most effective companies at driving sales performance align sales content and messaging to the buyer's process, develop competitive intelligence, and automate preparation of selling materials. However, many companies still struggle to deliver customized sales materials and messages to sellers based on their unique selling situations. The document advocates that companies implement a sales effectiveness maturity model to improve various competencies and leverage initiatives to boost both revenue and reduce costs.
5. 35%
ALIGNING
SALES
CONTENT
&
MESSAGE
TO
BUYER/PROCESS
33%
DEVELOPING/DELIVERING
COMPETITIVE
INTELLIGENCE
26%
AUTOMATING
THE
PREPARATION
OF
SELLING
MATERIALS
6%
ENABLING
MOBILE
SELLERS
5
6. THE
BUYER
COMPLICATION
85%
OF
COMPANIES
INVOLVE
3-‐10
INDIVIDUALS
IN
BUYING
DECISION
58-‐70%
OF
BUYING
PROCESS
IS
COMPLETED
BEFORE
TALKING
TO
A
VENDOR
6
7. WHAT’S
AT-‐RISK?
AS
BUYERS
ASSERT
MORE
CONTROL
IN
THE
SALES
PROCESS…
SELLERS
LOSE
EFFECTIVENESS
VALUE
RELEVANCE
CONTROL
7
8. WHAT’S
THE
IMPACT?
Leaders
Laggards
Reps
Achieving
Quota
83%
22%
Revenue
Growth
23%
6%
Average
Deal
Size
9.7%
(0.5)%
Average
Sales
Cycle
(1.4%)
7%
SOURCE:
ABERDEEN
SALES
EFFECTIVENESS
RESEARCH
(JAN
2012)
8
10. LEVERS
OF
SALES
EFFECTIVENESS
Sales
Measurement
CRM
Competency
Learning
Sales
Development
Systems
Sales
Modon
Execudon
10
11. THE
SAVO
MATURITY
MODEL
M&A
New
GTM
Product
Strategy
Launch
Competency
Workforce
Sales
CRM
Development
Management
Measurement
Sales
Enablement
Asset
Program
Knowledge
Management
Management
Management
Compeddve
Intelligence
Messaging
Social
Sales
Collaboradon
Process
Sales
Execudon
11
13. SALES
EFFECTIVENESS
HEATMAP
Avg
Score
SALES
EFFECTIVENESS
COMPETENCIES…
3.4 § Sellers are engaging SMEs for customer conversations
3.3
3.1
§ Company’s brand is maintained across sales content
3.0 § Demos & samples are available for customer evaluation
3.0 § Content sellers use is generally accurate
3.0
2.9 § Sellers systematically identify competitors for each oppty
…
AND
CHALLENGES
1.2 § Sellers not able to access sales assets when mobile
1.2
1.2
§ Lack a process to capture competitive learnings
1.1 § There are few incentives for sellers to share knowledge
1.0
§ Preparing selling materials is manual & inefficient
1.0
1.0 § Sales content/message not aligned to buyer/process
13
14. 63%
OF
COMPANIES
ARE
LAGGARDS
IN
DELIVERING
SALES
MATERIALS
&
MESSAGING
TO
SELLERS
BASED
ON
THEIR
SELLING
SITUATION
14
15. 43%
OF
COMPANIES
ARE
LAGGARDS
SALES
MANAGERS
CANNOT
VERIFY
A
SELLERS
SITUATIONAL
FLUENCY
15