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Sales & Biz Dev
Sales is a process
Sales    Sales Skills
          Prospecting
 need     Asking Questions
          Finding “Pain”
special   Uncovering Budget
          Gaining Commitment

 skills   Personal Skills
          Goal Achieving
          Resilency
          Self-starter
          Reslts Oriented
          Self Management


          Job Skills
          Product or Industry
          Knowledge
          Sales Experience
          Market Knowledge
          Education
Sales has different channels


  Increasing
   Account
               Inside       Direct          Solution
     Size      Sales        Sales           Selling
     And
 Importance




                 Retail /              Indirect /
                 Online                Partners



                    Increasing Complexity of Transaction
Types of Indirect Channels


                 Let your Customer
                  help you choose

                  Big is not always
                 best for a start up
     PARTNER
    MARKETING
A Sales Funnel is fundamental


     Prospects 10%



     Validated 25%




                      1 in 10 chance of
     Qualified 10%



     Best Few 90%
                       success at each
                            stage
         Won



                     Start up is closer to
         POST



                            1 in 25
Sales needs material
                         Marketing campaigns
                            Sales Sheets
                            Presentations
                           Reference Story
       Prospects 10%    Solution Sales Sheets
                       Customized Presentations
       Validated 25%           Demo
                            Sponsor Letter
                       Custom Value Proposition
       Qualified 10%
                          Solution Blue Print
                              Proposal
       Best Few 90%        Specific Pricing

           Won             Implementation
                               Billing
           POST

                        Customer Management
                          Stable Operations
Web based selling
Same odds, different tactics
Stakeholder	
   Map	
  
        Economic	
  Buyers	
                        User	
  Buyers	
  

        final	
  authority	
  to	
            use	
  or	
  supervise	
  the	
  
        release	
  the	
  funds	
  	
        use	
  of	
  your	
  product	
  

         Technical	
  Buyers	
                         Coaches	
  
    judge	
  and	
  rule	
  on	
  your	
  
                                             guide	
  you	
  in	
  the	
  sale	
  
       product’s	
  	
  specs	
  

          Create WIN WIN with each.
Determine and rank degrees of influence honestly.
    Analyze your position with each honestly.
Deal Structures
                  Partners
                  Licensors
                  Simplicity
                     Pilot


                          Reference
                          Revenue
                           Margin
The 10-3-1 rule


     For every   You may get
                                 To generate
      10 cold      to make 3
                                    1 sale
    calls made   presentations
Good sales people face rejection
every day and still smile!
Value Proposition is everything
The Sales Pitch
             Be clear on ..
               •  what’s in it for them
               •  meeting purpose
               •  your value
                  proposition
               •  time alllotment
               •  who’s attending
               •  facilities
The 10 essential slides
       •    Title
       •    Problem hook
       •    Problem explanation
       •    Customer impact
       •    Big idea insight
       •    Solution (value proposition)
       •    Underlying magic
       •    Team and credentials
       •    Partners and customers
       •    Summary
Use Visual Communication
This is not art.
This is business.
Appeal to their
Start Strong.
Have a memorable and actionable
ending.




          Have a memorable ending.
Every pitch is
  different.
A pitch is a
  dialogue
not a debate.
Your deck is not
  your script.
Honesty is the
 only policy.
Sales is a people process
Listen to the Customer


                  2 ears & 1 mouth

                     Use in that
                     proportion!
Sales & Biz Dev

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Sales & Biz Dev with Krista Jones - Entrepreneurship 101

  • 1.
  • 3. Sales is a process
  • 4. Sales Sales Skills Prospecting need Asking Questions Finding “Pain” special Uncovering Budget Gaining Commitment skills Personal Skills Goal Achieving Resilency Self-starter Reslts Oriented Self Management Job Skills Product or Industry Knowledge Sales Experience Market Knowledge Education
  • 5. Sales has different channels Increasing Account Inside Direct Solution Size Sales Sales Selling And Importance Retail / Indirect / Online Partners Increasing Complexity of Transaction
  • 6. Types of Indirect Channels Let your Customer help you choose Big is not always best for a start up PARTNER MARKETING
  • 7. A Sales Funnel is fundamental Prospects 10% Validated 25% 1 in 10 chance of Qualified 10% Best Few 90% success at each stage Won Start up is closer to POST 1 in 25
  • 8. Sales needs material Marketing campaigns Sales Sheets Presentations Reference Story Prospects 10% Solution Sales Sheets Customized Presentations Validated 25% Demo Sponsor Letter Custom Value Proposition Qualified 10% Solution Blue Print Proposal Best Few 90% Specific Pricing Won Implementation Billing POST Customer Management Stable Operations
  • 9. Web based selling Same odds, different tactics
  • 10. Stakeholder   Map   Economic  Buyers   User  Buyers   final  authority  to   use  or  supervise  the   release  the  funds     use  of  your  product   Technical  Buyers   Coaches   judge  and  rule  on  your   guide  you  in  the  sale   product’s    specs   Create WIN WIN with each. Determine and rank degrees of influence honestly. Analyze your position with each honestly.
  • 11. Deal Structures Partners Licensors Simplicity Pilot Reference Revenue Margin
  • 12. The 10-3-1 rule For every You may get To generate 10 cold to make 3 1 sale calls made presentations
  • 13. Good sales people face rejection every day and still smile!
  • 14. Value Proposition is everything
  • 15. The Sales Pitch Be clear on .. •  what’s in it for them •  meeting purpose •  your value proposition •  time alllotment •  who’s attending •  facilities
  • 16. The 10 essential slides •  Title •  Problem hook •  Problem explanation •  Customer impact •  Big idea insight •  Solution (value proposition) •  Underlying magic •  Team and credentials •  Partners and customers •  Summary
  • 18. This is not art. This is business.
  • 21. Have a memorable and actionable ending. Have a memorable ending.
  • 22. Every pitch is different.
  • 23. A pitch is a dialogue not a debate.
  • 24. Your deck is not your script.
  • 25. Honesty is the only policy.
  • 26. Sales is a people process
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35. Listen to the Customer 2 ears & 1 mouth Use in that proportion!
  • 36. Sales & Biz Dev