The Top 5 Sales Readiness Initiatives with the Greatest Impact
Sales Readiness means many things. Lots of initiatives can fall under that banner.
Wouldn’t it be great to know which five (5) have the greatest impact on Sales performance?
The world’s largest online training community, TrainingIndustry.com, recently released the findings of its major Sales Readiness survey. In it they identified 14 “sales readiness” initiatives, and then asked the respondents to rate them based on perceived impact.
Here are the top 5:
Value Propositions –creating differentiated positioning that helps create competitive separation
Product/Service Information – providing accessible, usable solution information not just feature/function
Executive Communications – help communicating with executive buyers not just user influencers
Overcoming Common Sales Objections – reframe concerns to take them off the table or turn to advantage
What do all of these top sales readiness initiatives have in common? They all revolve around creating and delivering great sales or customer messaging. In other words…messages matter most when it comes to impacting sales performance. What are you doing to fine-tune your messaging? What is your organization doing to leverage their messaging as a strategic asset?
Here’s a quick, 5-minute executive summary review of those findings to help you focus on the Top 5 Sales Readiness.
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Ever heard of the Rosetta Stone? One man spent his entire life unlocking its secrets. We know you don’t have that kind of time, so just watch this video to get up to speed:
It wasn’t until the discovery of this stone in 1799 by Napoleon’s troops that the modern world was able to decipher hieroglyphics. This stone carried the key to finally cracking the hieroglyphic code.
It contained a carved text made up of hieroglyphs along with Egyptian and Greek translations, which enabled scholars who knew Greek and Egyptian to work backwards to finally understand the hieroglyphs.
In some ways, sales people need to be like the Rosetta Stone. They must translate your product and services details into something the customer will understand and care about.
Context is King!
Customers know what they are trying to accomplish, and they understand there are challenges that are causing them pain. They are looking for a partner company to share a unique insight and clearly align their offering with these challenges, demonstrating how they will provide relevant value in meeting the customer’s objectives.
This is called “context.” Without context there can be no translation. Or the translation will be questionable because you are forcing your customer to do the heavy-lifting.
What happens if you leave the translation of your message up to your customer?
It’s hard work! It takes a ton of effort to listen to a message that’s all about your company, your product and your technology and try to figure out what that means to me – the customer. People like to hear ideas and answers for their problems; they don’t like to be sold product features and have to intuit how it helps.
It’s confusing! Your customer wants to know what they will be able to “do” with your product. What they can “do better” or “do different” in order to succeed. Forcing them to translate your product features and capabilities into something meaningful can become frustrating and futile.
It’s boring! How long can you sit in any conversation listening to someone talk all about themselves before you tune them out? If you ask the right questions to uncover their pains, issues and challenges, then you can focus your entire message on your customer. Putting your product and your message in their world – in their Story. You’re making it more relevant and more exciting for them.
Language translators didn’t need more hieroglyphs in order to finally come up with a translation. They had thousands of years of hieroglyphs. What they needed was the hieroglyphs to be put into the context of a language that made sense to them.
Similarly, your customers don’t need another company capabilities presentation or credentials dump. They’ve heard the same thing a thousand times. What they need is your company to put your offer into the context of what they need to accomplish.
Does this mean more work for you? Yes! Is it going to be harder to do? Probably!
But know that most of your competitors aren’t taking the time to do this. You have an opportunity to be your customers’ Rosetta Stone.
You’ll not only translate a better message, you’ll win more business by doing it!
— by Mike Miller, Consultant, and Tim Riesterer, SVP of Strategic Consulting & CMO at Corporate Visions Inc.
If you’re in sales, check out The Power of Story webinar to find out more about translating your message into your buyer’s world.
If you’re in marketing, check out the Bridge the Messaging Gap webinar to see how you can translate your 30,000-foot level brand message into a 3-foot level field message that’s ready for your sales team to use.
The Messaging Feed contains easily digestible ideas you can immediately incorporate into your messaging, presentations and other client connections.
More about Corporate Visions >>
2010 Executive Conference
MARKETING & SALES ALIGNMENT EXECUTIVE FORUM
OCTOBER 7-8, 2010 in Lake Tahoe
>> Free Marketing and Sales Alignment Audit with every registration.
>> Keynote by Geoff Colvin, author of "Talent is Overrated" and "The Upside of the Downturn".
>> Real-World Case Studies presented by ADP, CA, Dell, GE, NCR.
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What's on your peers' wishlists for 2010 initiatives? Better value propositions, messages, and customer conversation skills training beat out sales methodology, CRM implementation and training, and branding efforts combined.