Watch the webinar recording or download slides: https://www.smmconnect.com/events/1714?gref=mikek
Have you seen the recent B2B buying research? Study after study report that buyers:
- don’t trust salespeople
- do more and more of their own research
- don’t believe they understand them or their businesses
- grow weary of stereotypical seller behavior.
More than ever before, buyers don’t want to feel “sold to.” Yet, sellers still have quotas and a job to do. It’s a conundrum, for sure.
Fortunately, there is a path forward. It’s time to shift to a buyer-centric selling system that prepares reps to deal with modern buyers to “help them buy” and earn their respect and trust, while still being able to meet company quotas and succeed in sales.
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How to Shift Your Sales Force to a Buyer-Centric Selling System
1. 1
How to Shift Your Sales Force to
a Buyer-Centric Selling System
Mike Kunkle
VP, Sales Enablement Services
2. 2
What
• Sales Transformation Straight Talk webinar series
Why
• Provide the latest thinking and actionable ideas to transform
your sales results
How
• Solo webinars, guest speakers, panels, Q&A
- Always taking requests
When & Where
• Usually mid-month, usually mid-week, usually 2 pm Eastern,
usually every month, right here on SMM Connect
- Always check www.smmconnect.com for details
3. 3
AGENDA
• Buyer-Centric Selling: Why It’s Time
• Buyer-Centric Selling: What It Is
• Buyer-Centric Selling: How to Shift
• Your Questions
Our Plan for Today
3
3
5. 5
Buyer-Centric Selling: Why It’s Time
Buying is evolving – Sales, not so much:
• The percentage of salespeople making quota dropped from 63% to 53% over a 5-year period. (CSO Insights)
• In 2007 it took 3.68 cold call attempts to reach a prospect. Today it takes 8 attempts.
• 85% of prospects and customers are dissatisfied with their on-the-phone experience
• 58% of buyers report that sales reps are unable to answer their questions effectively. (Spotio)
• 67% of the buyer’s journey is now done digitally (Sirius Decisions)
• 94% of B2B buyers will research online before finalizing a purchase
• In a typical firm with 100-500 employees, an average of 7 people are involved in buying decisions (Gartner)
• 88% of executive buyers want a conversation not a presentation. (Acquire B2B).
Learn more…
• https://learn.g2.com/sales-statistics
• https://spotio.com/blog/sales-statistics/
• https://blog.hubspot.com/sales/sales-statistics
6. 6
1 2 3 4
Understand my
business / Know me
Demonstrate excellent
communication skills
Focus on post-sale Provide insights and
perspective
Buyer-Centric Selling: Why It’s Time
What Buyers Expect…
https://www.csoinsights.com/the-growing-buyer-seller-gap-results-of-the-2018-buyer-preferences-study/
7. 7
Buyer-Centric Selling: Why It’s Time
33% 27% 25% 60%
Feel that sellers are
well-informed
Say salespeople are
able to translate
business data into
insights
Of sales reps are
effective at engaging
with influencers
Question their sales
rep’s integrity
https://www.valueselling.com/press-release/study-finds-most-b2b-buyers-question-sales-reps-integrity
What Buyers Are Getting (and Think About Sellers)…
8. 8
Buyer-Centric Selling: Why It’s Time
Wait until after they have fully defined needs70%
Wait until they have
identified their solutions
44%
https://www.csoinsights.com/the-growing-buyer-seller-gap-results-of-the-2018-buyer-preferences-study/
20%
Only lock down
the details
When Buyers Contact Sellers…
Identify &
Clarify Needs
Identify
Solutions
Evaluate
Solutions
Resolve
Concerns
Negotiate
Implement
10. 10
Buyer-Centric Selling: What It Is
• It’s the best of the past:
consultative, value-based,
client-centric approaches…
• … molded to work with modern
buyers, in our current business
climate…
• …to help buyers buy, in an
informed way, to achieve the
desired outcomes that matter to
them.
15. 15
Buyer-Centric Selling: What It Is
Learn more…
• https://www.amazon.com/Beat-Bots-Humanity-Future-Proof-Career/dp/1544503458
• https://www.mikekunkle.com/2019/05/15/implications-for-b2b-selling-in-the-age-of-artificial-intelligence/
• http://closingbigger.net/2017/08/the-right-brained-sales-revolution-podcast/
Why?
Human
Value-added
Trust-building
Buyer-centric
Often Missing
Highly Effective
Competitive Differentiation
Connecting Dots
Data to Insight
Decision-Making
Problem-Solving Critical Thinking
Consulting
Judgment
Listening
Empathy
It’s a Focus on “Human Differentiators”
18. 18
Buyer-Centric Selling: How To Shift
Create the right environment
PatientCollaborative
Well-informed
Service-oriented
Tech-savvy
Data-driven &
Insightful
Business-savvy
Communication
Skills
Consultative
Interpersonal Skills
Value Based
Outcome
Buyer Centric
Outcome Oriented
29. 29
Mike Kunkle is a respected sales transformation architect and
internationally-recognized sales training and sales enablement expert.
He’s spent 34 years in the sales profession and 24 years as a corporate leader or consultant,
helping companies drive dramatic revenue growth through best-in-class learning strategies and his
proven-effective sales transformation methodologies. Today, Mike is the Vice President of Sales
Enablement Services for SPA and SPASIGMA, where he advises clients, writes, speaks, leads
webinars, publishes sales training courses, and designs sales learning systems that get results.
Connect with Mike & Follow His Content
Transforming Sales Results Blog https://www.mikekunkle.com/blog
SMM Connect Webinars http://bit.ly/STSTonSMM
BrightTALK Webinars http://bit.ly/TheSalesExpertsChannel
LinkedIn Publisher http://bit.ly/MikeKunkleLIPublisher
LinkedIn Profile https://www.linkedin.com/in/mikekunkle
SlideShare https://www.slideshare.net/mikekunkle
Twitter https://twitter.com/mike_kunkle
216.455.1558
mike.kunkle@spasigma.com
https://spasigma.com
Mike Kunkle
VP, Sales Enablement Services
32. 32
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https://spasigma.com
SPA is a leading provider of profit-maximizing analytics and skills training.
SPA integrates pricing, sales, and purchasing analytics with
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Together, they have helped over 600 businesses
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