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Episode Overview
In this episode, Cheryl Christiansen speaks with us about the importance of understanding your customer's customer. Cheryl started her consulting practice Data2Develop after spending several years in sales-facing leadership positions with blue-chip brands including Oracle. We are both active members of the sales enablement society, and share some perspective on the importance of really understanding your customer and their business dynamics, starting with their customers.
True Intimacy is Knowing Your Customer’s Customers’ Pain
True customer intimacy is when you know your customer's customer’s pain. A lot of times we'll focus on our customer, but if you start to delve into why are they in business you’ll learn more about how they are solving someone else's problem and how they provide a solution to help them meet a need. So, you need to dig into their customer’s customers’ pains. What challenges are your customer’s customers’ facing? What does it cost them. What’s the opportunity being missed. And who else is trying to solve your customer’s customers’ problems, and how is your customer positioned in the market against their competitive sphere?
Example from the Aerospace Industry – the Miracle on the Hudson
Cheryl worked for a company called IHS, and at the time it stood for Information Handling Services and then they went public, and it became IHS Market. One of her major accounts was Honeywell which was a collection of several Honeywell accounts. Each account was focused on a specific solution that Honeywell provided. So one was auxiliary power units. They were used and bought by Boeing. So the Honeywell customer was Boeing, and they were building jets. So an auxiliary power unit (AP) is a critical piece of equipment because when the engines fail, the auxiliary power unit is what brings you in safely. For example, US Airways and the situation that led to the Miracle on the Hudson had an AP you from Honeywell. Honeywell’s customer was Boeing. And who was Boeing's customer? Well, in this case, it was US Airways and who was their customer? Well, it was the public. And what they cared about was safe and reliable equipment. So when the airline hit a bird, and they had to make an emergency landing, they immediately turned on the auxiliary power unit, and thank goodness that worked and those people were saved as well as a very smart pilot.
Implications for Honeywell
So if you're a sales rep for Honeywell, you have got to follow the trends. What is happening with your aerospace customer’s customers’. It was learned that Boeing was considering a joint venture with a company in France to make their own auxiliary power units. That would disrupt United Technologies and Honeywell. And if Honeywell can portray the value proposition of the safest AP, then Honeywell can take that to Boeing and hopefully be preemptive and keep the Boeing account.
Taking a Strategic Look at Your Market and Selling Strategically
Selling this way is very strategic. It requires taking a strategic look at the market including the market dynamics and the business dynamics of not just who you're selling to, but their customer’s customers. You will come to love the industry and the players in the industry, allowing you to double down and understand the market space and being relevant to your customers in that market space. To do this, you've got to be curious. You will read corporate reports, so you know who your major opportunities are in your territories. If you haven't read their annual reports, then shame on you. And as you read their annual report, and you see the different boards that they might sit on and the organizations and then you start to look at who's who within the organization and their backgrounds you start to notice some trends, and then you start to follow the thought leaders in those industries.
Resources and Links for this Episode
For More Great Content
I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Here’s a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
Episode Overview I met Mark S.A. Smith on LinkedIn. He's an avid writer with 14 books under his belt, and has years of experience working with executives. He's a master at selling complex things as fast as they possibly can be sold. In this episode, Mark talks to us about an unusual topic - how to connect with your customers' career goals. Why do we want to do this? Well as Mark breaks this down for us, the bottom line is it's the fastest path to selling success and having customers make what Mark likes to call high consideration decisions to purchase your solution.
A Misleading Question - How Can You Beat the Competition Mark mentioned he often has people ask him, "How can I beat my competition?" And that's the wrong question. The real question is, "how can I help my customer beat their competition?" When you help them do this there isn't competition. The focus is how can you make my customer look so good that it's impossible for them to buy from anybody else who's focused on their product versus on the success of their customer.
It's About Your Buyers' Careers In getting a customer to say "yes," they will also being saying "yes" to how the decision to work with you and go with your solution will affect their career. In the world of corporations, there's only one way you can make serious money. And that is through getting a promotion. And the only way you get promotion is by illustrating consistently that you have good judgment. That means that if you make a few bad decisions that have an impact on the business, you become toxic. You cannot be promoted. So, to net this out, your customer must consistently show good judgement to ascend up the path towards the executive ranks of their firm. So as you are selling to them, just know they are asking themselves "is this going to be good for my career? Or is this going to damage my career?" This is the subtext of every decision-making criterion that everybody makes in the world of corporations. And if you've ever lost a deal, even when you had the best overall solution, the buyer probably didn't see you and your solution as in the best interests of their career. This is most often what you don't hear. Instead, you might hear your price is too high, or the executive committee went a different way. And they'll use a word that when you hear it you'll go, "oh, that's what that means." They'll say it was a political decision. That's the indication that you didn't support their career. They chose a lesser product because it was better for their career, it was less risky for them. And in the world of technology, the number one vendor in the industry is rarely the best technology but the best at supporting the career of their customers.
Does the Best Product Win? No, but if it Impacts Your Buyers' Careers… You probably remember the old campaign and commercials for IBM with the theme, "no one ever got fired for buying IBM." In the case of Microsoft, it wasn't the best operating system, but it was often the most politically correct operating system. With EMC in the world of storage, it wasn't the best storage technology. But politically, it was the best storage company. And with IBM, rarely did IBM have leading edge technology but they did lots and lots of research. They were not always the fastest, but politically they were the correct solution. And so if you just kind of open your eyes to this concept of people are making decisions based on what's best for their career, you'll realize that you're surrounded by examples of why that's the case. It's not the product, but the product's capacity to improve their career position.
Focus on the Outcome, and Connection to Career Progression So, to shift things up, you need to stop talking about the product, and start talking about the outcome that this person has been tasked by their scorekeeper to deliver. Think about their objective, and their objective is set by their scorekeeper. The scorekeeper can be a boss. It could be a spouse. It could be a parent. But there's somebody keeping score. And that's who we also have to satisfy … that scorekeeper. Next, what's going to allow them to win in their job? What will allow them to feel comfortable, confident and certain. Also ask what creates value for them and what might be different in their criteria that's different from their scorekeeper's. Then align your value, once you understand their objectives, priorities and criteria, and then have a conversation about what you are offering that maps to their motivational set, as illustrated by these elements.
Resources and Links for this Episode
For More Great Content I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Here's a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits Sound editing and show notes produced by – ChirpSound
Episode Overview
This episode features yours truly, Bruce Scheer, being interviewed by A. Lee Judge and Dontaye Carter from Atlanta. They have a great show called the Business of Content Podcast. In this episode we will talk about the major pitfall sellers and marketers fall into - how they are leading with their "stuff" and their "all about me" content as opposed to leading with a "theme" – a point of view that addresses their target customers' big problem and offers a big idea theme that resonates!
The Big Idea Theme Precedes Sales and Marketing Content
A main point that's made in this episode is before you jam on a ton of content for marketing and account-based selling activities, you should back up and think of a big idea theme – a central idea that will help you break through the noise surrounding your prospects. You can carry the central idea throughout the conversations and various digital touchpoints across the buyer's journey. Then you can generate marketing content and train reps on how to speak to the big idea theme. In this way, your prospects aren't getting disjointed and non-aligned messaging and content as they engage with your firm. This is very different from how most sellers show up and sell today – pushing product-centric messaging and content that's devoid of content around the customer problems and challenges. They are missing a big idea theme that resonates with the prospect.
What Specifically is a Big Idea Theme?
To compare the difference between selling a theme or stuff, let's look at a fun B2C example. It has to do with an Uber ride I took out in Boulder Colorado earlier this year. One morning, I get up and I'm heading out to see a client in Boulder. My Uber driver shows up at my hotel, and I walk out to a minivan. And I'm like, oh my goodness, this is interesting. It's not the BMW or a black SUV. It's a minivan, not my normal first choice! I had a suitcase with me with a bunch of facilitation gear within. He opens up the back, and of course, there's a stroller and some kid stuff in there that we have to move around so we can get my stuff in there. And then I get in the back of the minivan and we take off. We start a conversation, with me curiously asking him what going on in his life. He looks like he's in his late 30s, well groomed, and having many mouths to feed. He tells me he's just dropped his kids off at school and is now giving some rides in between his other daily activities. I asked him about his background and current focus, and if he's just driving Uber for now. He mentioned he's in transition and has an entrepreneurial bent. He was most recently a marketing manager and a Minister and was currently a Founder in a new food court concept in Boulder. He further explained his food court concept – a wonderful food court with 57 food trucks on rotation with a fire pit, live band stage, yard games, and a few beer stations. He strongly encouraged me to come to check it out. He then asked me what I do, and I mentioned I focus in the area of sales and marketing and am focused on helping sellers have conversations with their buyers that inspire change. I then spoke about the idea I was shaping around selling a theme or stuff, and as a former marketer I asked him what that meant to him. He was silent for a while and then responded that he thought he was selling a theme and could share it with me. I immediately responded "I don't think so!" and mentioned he had just sold me a bunch of stuff - 57 food trucks on rotation, a fire pit, beer stations, live band stage, etc. He laughed a bit and said what he's really designing and trying to sell people on is the theme of a backyard party - a place where people can go with their good friends or a place where they can make new friends. He further offered how this party had great food with 57 food trucks on rotation, a huge metal fireplace throwing out huge flames, a stage with a live band, and plenty of yard games for more fun and activity as part of the backyard party. Now he had me with his big idea theme, and I committed to dropping by at the end of the day to check it out. I showed up that evening after my client gig at about 6pm. The place was full and continued to become packed with no place to sit by the time I left at 8:30pm – and this was on a weeknight! Obviously this was a great concept!
Who's Leading with a Big Idea Theme in B2B? Very few in the B2B world get this right. They focus on selling the features, functions and benefits of their stuff as opposed to a big idea theme - a "backyard party" if you will. In this episode, we review a few B2B companies that understand the need for a theme and illustrate what good big idea themes look like with IBM, Alcatel-Lucent, and McKesson. We then offer some thinking on how to tease out a big idea theme for your organization.
Episode Timestamps
[1:53] Bruce Intro and Why a Theme is Important
[3:44] The Disconnect Between Marketing, Sales, and Content Distribution
[10:30] How Have You Consulted Clients on Using Themes?
[15:23] What is a Theme?
[16:13] How Would You Apply This Model to Content?
[18:21] Who Needs to "Get It" in Order to Get an Organization in line Selling with a Theme?
[20:46] IBM Story
or
[27:04] Things That an Organization Can Do to Start Mapping Out Their Theme
Additional Resources
For More Great Content
I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Here's a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
Episode Overview
In this episode, Gerhard talks about how to listen more and sell more. It's a fun episode that offers guidance on how to show up with a listening mindset and be present for the customer and ready to discuss the customer problem.
Episode Timestamps
[0:28] Gerhard Introduction
[3:36] Story About Preacher in Midwestern Town
[5:43] Listening Model – How Do You Get Yourself Into the Listening Mindset?
[10:41] Flow of Conversation
[12:28] Constructivism in Education
[18:23] Storyteller vs. Storyseller
Additional Resources
For More Great Content
I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Here's a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
Episode Overview
This episode features David Svigel, the co-founder of ROI-Selling.com. He's been a close friend and business partner of mine for over a decade. We've tag teamed on several successful client engagements where the b2b client wanted to up their game in value selling - and that meant being able to communicate and quantify the business value proposition to targeted prospects. In this episode, David and I will talk about some of the trends we've seen in buyer behavior, and how this has added gravity to being able to sell both personal value for each buyer and overall company value for larger b2b solutions. He will also offer several practical tips for upping your value-selling game.
Episode Timestamps
[1:44] How David Became Focused on Helping Sellers Sell Complex Solutions
[2:51] What's Changed in the Nature of Buying?
[6:03] How Does Value Selling Play Into Addressing These Changes?
[11:10] Ways Sellers Can Get Started in Value Selling
[17:15] Why Sell Based on Business Value?
Additional Resources
For More Great Content
I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Here's a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
Episode Overview
This episode features Jeremy Diamond, founder of the blog Startup Deck Review, which is dedicated to studying startup pitch decks. He has a rich media background and is an MBA graduate from the University of Washington Foster School of Business. In this episode we will be covering 3 key factors in a winning pitch, how to communicate your "Grit", and advice for sellers in how to improve their selling conversations.
Episode Timestamps
[1:27] How Jeremy Got Focused on Helping Startups Master Their Pitch
[3:55] 3 Key Factors in Driving a Winning Pitch
[9:58] "Grit" – the 3rd Factor
[11:09] Story on How a Founder Communicated "Grit"
[12:17] Communicating to your customer that you have the "Grit"
[13:33] Advice for Sellers
Additional Resources
Start Up Deck Review Blog
Jeremy's Email
Airbnb Founder Grit Story at 20:47
If you have a pitch deck that you would like to suggest Jeremy to review, feel free to reach out!
For More Great Content
I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Here's a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
Episode Overview
In this episode, we are speaking with Andrew McMasters. Originally from Philadelphia, he's an actor who's been working in Seattle for over 30 years. He started Jet City Improv back in 1992 and left that company back in October 2017 after 25 years. For the last 10 years, he's been working with organizations– helping them improve communications, team cooperation, and innovation. He also works with sales teams on listening, accepting and building on offers to provide customers with solutions for the needs they have.
In this episode, Andrew and I talk about the power of Improv in improving buyer and seller interactions. Specifically, Andrew highlights how to be a better listener, how to accept what the customer is offering, and then how to build upon their offerings. He then talks about how to bring your full self to a selling conversation.
Episode Timestamps
[1:27] Andrew's story on how he became focused on improv
[3:37] Why should sellers use improv as a way to connect with their buyers?
[4:51] How does listening change based on what you're listening for?
[7:35] Improv disciplines for sellers
[11:20] "Yes...and" further explained
[13:18] Example of Andrew successfully using improv
[16:20] Listening and objections
[17:24] Where can sellers go to learn more about improv?
Additional Resources
For More Great Content
I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Here's a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
Episode Overview
In this episode, we talk with Ed Bilat about how we can up our sales conversations by telling stories– what some refer to as "Story Selling". We are all humans at the end of the day, meaning that we live our lives through stories– stories we tell others, stories others tell us, and the stories we tell ourselves. The exciting thing about stories is they play a profound influence on our ability to persuade others.
Ed is the leader of storytellingsales.com with the aim of helping sales teams and business owners grow their business, and essentially make sales more human and more fun through the power of storytelling. His business works with small businesses all the way up to large multinational enterprises.
Episode Timestamps
[1:34] How did you become focused on storytelling?
[6:34] Why is story selling so important?
[10:27] What types of stories do we want to be telling?
[14:58] What is your "STAR" framework/model when constructing your story?
[18:23] Practical tips for how to start storytelling?
Additional Resources
For More Great Content
If you are finding this content valuable, visit us at salesconversation.com. I would appreciate it if you would subscribe, rate, and review this show. Here's a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
Episode Overview
This episode features Chris Ortolano, a sales workflow consultant based in Portland, Oregon. He provides an outside perspective to help organizations address their weaker elements to accelerate their revenue cycle. He is a leader of his firm, Outbound Edge, and will speak about the power of video in sales outreach and how to drive buyer engagement.
Episode Timestamps
[1:30] How Chris became focused on helping sellers use video to connect with potential buyers
[2:26] Why should sellers be using video as an outreach tool?
[3:25] What are the barriers that get in the way of individual sellers taking advantage of the medium of video?
[6:21] Success stories of Chris and using video
[7:23] How can sellers prepare to do video outreach? What should their content structure look like?
[12:17] How to leverage video for outreach
[14:35] After you send the prospecting video, if the recipient does not respond, do you send another video?
[15:26] Technology blockers that might prevent prospects from viewing your video?
[16:50] How to personalize your video for different prospects
[17:48] Multitab screencast approach
[18:30] Resources
Additional Resources
For More Great Content
I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
Episode Overview
Our guest, Stu Heinecke, is a master of getting a meeting with anyone. Stu is a Wall Street Journal Cartoonist, a hall of fame nominated marketer, and author of the book, How to Get a Meeting with Anyone. I know it can be frustrating trying to get meetings with key decision makers and buyers. Stu will share with us ways to focus on the right areas to up our percentage on the people we reach out to and people who respond. This episode will cover how Stu got into this area of focus, his notions on how to think about customer targeting, how to get prepared to talk to those you want to target, and ideas for how to reach out and get a high response rate.
Episode Timestamps
[1:40] Background on Stu and his focus on storytelling
[4:50] Strategies on how to reach your target audience as a seller
[8:31] What does it mean to be a VIP? And how can someone be credible and known as a VIP?
[12:34] How can a seller stand apart from others?
[16:35] Advice on non-digital ways to reach out to your target
[21:50] Resources for people wanting to start their own contact sales campaigns
Additional Resources
How to Get a Meeting with Anyone book:
https://www.youtube.com/watch?v=NxZXK2xRCNs
https://www.amazon.com/How-Get-Meeting-Anyone-Marketing/dp/1501260928
Stu's Website:
http://www.stuheinecke.com/
Please visit Stu's website and join him on Linkedin:
https://www.linkedin.com/in/stuheinecke/
For More Great Content
I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.
Credits
Sound editing and show notes produced by – ChirpSound
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