
Harness the Power of Your Virtual Sales TeamBy Dave Stein, Author of How Winners Sell |
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Winning enterprise software sales deals is not an individual activity but a team pursuit. The fact is that at this point in the history of the commercial application software industry most competing products do what they’re intended to do. Few products fail to perform; few perform markedly better than the rest. And because so many products and services compete for a limited number of buyers, suppliers advertise that they can do everything their competitors can do, only faster, cheaper, more effectively. They’re all singing that song from Annie Get Your Gun: “Anything You Can Do, I Can Do Better.” How do software companies differentiate themselves from all the others? Let me count the ways. By building in more and more functional capabilities; by backing what they’re selling with top-notch customer service; by hosting them on the hottest technology platforms; by making their products and related services more comprehensive to handle more complex customer issues; by insisting that the total cost of ownership is less; by proving that the time to value is quicker; by giving their products a broader footprint to meet larger lists of customer requirements. The bigger and more complex our applications become, the less of it even the most articulate, intelligent salesperson can communicate. Explaining and managing that level of information and complexity to the different constituencies within the prospect’s organization requires the assistance of application specialists, business consultants, product marketers, corporate executives, developers and other experts. And that demands taking a team approach to selling. If your team sells by the seat of your pants, you aren’t driving a sales campaign—you’re driving bumper cars. Team selling isn’t new. Its growth has been spurred not only by the proliferation and complexity of goods and services but by many other trends over the years: multiple and diverse buying influences, user empowerment in organizations, globalization, commoditization, economic uncertainty, and companies springing up and crashing down almost randomly. It all adds up to a hard reality: we can’t do all the selling alone. The Company Team The team we’re going to talk about is not just the people who work directly for or with you. It’s much broader than that. In effect, your sales team includes people inside and outside your organization, business partners, consultants, people in other organizations, even people in other industries. As a sales professional charged with harnessing the skills and energy of this diverse crew of workers — some of whom aren’t even aware they’re on your team — you are, in effect, the CEO of an outfit we’ll call “Virtual Sales Team Inc.” And VST’s mission is to deliver to your real company the revenue it needs to achieve its business plan. Who’s on your virtual sales team? The roster can include (inside your real company) the CEO and other executives, customer support reps, on-site service personnel, engineers, user interface designers, developers, domain experts, cost accountants, marketing personnel, consultants, suppliers with complimentary products, other sales reps within your own company, attorneys, one or more current customers, and even sales consultants who can give you insight into how to win the business. But Virtual Sales Team Inc. encompasses much more than just your inside team. There is competitive advantage in cultivating relationships and gaining knowledge inside the company you’re selling to. Think of your virtual corporation as including the prospect’s team — the evaluation committee, decision makers, steering committees, executives, users, middle management, technical approvers, purchasing and human resources personnel, finance and legal people, external consultants, administrative assistants, and of course, IT. Yes, that’s right, they’re on the other side of the bargaining table — but with knowledge, insight, organization and political skills, you can enlist them in support of your cause—you can even get them to sell for you. The Making of a Winning Team As CEO of Virtual Sales Team Inc., you’ve got an awesome challenge ahead of you. First of all, most of your team members are not under your direct authority or supervision. You have to understand the knowledge, skills, attitudes, and behaviors of all the sales resources available to you, no matter what it says on their business card. You’ll need well-honed relationship-building skills to get these team members lined up behind you and focused on your common purpose. If, for example, you need an expert to tell your prospect how your company provides tech support to its customers, but the person available for that task gets defensive and rude when questioned, you have some work to do. You’ll need to coach that person before the meeting, or if that fails, bring in someone else. Don’t leave it up to chance. Like any good manager, you must learn to depend on other people to achieve your goals. With this challenge in mind, how can you better manage your virtual sales team? According to my friend, sales expert Steve Waterhouse, team selling will succeed if the following components are part of your sales process: Conflicts between team members will arise from time to time. Personal and professional differences make them inevitable — differences in job descriptions, business knowledge, experience, incentive plans, geographic locations, schedules, personalities, outside commitments, and communications style, to name but a few. The most common conflict is perhaps between those who sell and those who have to implement. I’ve seen this happen again and again. Sales complains that service managers are stalling, refusing to sign off on a deal that would put them over quota. Managers responsible for implementing the product complain that sales overpromises, leaving them to face angry customers. The lack of trust can bleed over into customer meetings and presentations, giving prospects the impression that the company can’t get its act together and perhaps can’t be relied on to meet its commitments. What can you do about it? Building trust and support will take time, but it can be done. The best solution is to review and apply Waterhouse’s critical components — the items you just read. And the best place to start applying them is in team meetings, where planning and communication take a front seat. Discovery Early in the campaign, the important thing is to get all your team members on the same page, share available knowledge, and plan ways to gather other required information. The first few meetings should be formal, with a printed agenda, including clear goals and time constraints (showing respect for team members’ time). Their objective is to determine the prospect’s requirements, based on research, preliminary conversations, and even RFPs, and what the best way is to find out what the prospect isn’t telling you, or perhaps doesn’t know, about his company’s business needs. This process, of course, is called “discovery.” It’s useful during discovery to categorize by type the information you need to collect. But it’s also helpful to think in terms of which team member is in the best position to get it; people who don’t have “sales” on their business card are often the most effective intelligence operatives. Know what your customer is buying before you begin selling. When you’re meeting with the prospect early in the discovery phase of your campaign, it’s better to ask questions than to present. Try to bring along a business, domain, or product expert. Agree ahead of time what areas of questioning you and your support resources will pursue and, if you can, prepare some crucial questions. The best pre-sales consultants and support people I know have made questioning a fine art. They impress the prospect just by asking questions — insightful, probing, open-ended questions based on their knowledge of the industry, the prospect, and the prospect’s competition. What a great way to differentiate your team and build credibility with the prospect. Meetings and Presentations Every meeting or presentation with a prospect warrants a plan, even if it’s only five sentences long. It’s really your sales plan in microcosm: (1) situation assessment, (2) objectives (yours and theirs), (3) strategy, and (4) tactics. You and your team members must understand all four components. What are your roles during a meeting or presentation? That depends on you, your team, the audience, what your objectives are, where you are in your selling cycle, and the venue. The first thing you must do is prepare, prepare, prepare. Here are some pointers: Here are some points above and beyond what most reps do at a meeting: Tier-Level Selling Sometimes the seller’s or buyer’s company will require contacts to be made within a single level — your boss to your contact’s boss, VP to VP, and so forth. Adhering to this type of policy requires tier-level selling. It’s common in parts of Europe and Asia, where calling on your peer’s boss is considered inappropriate. For big ticket sales in the United States, the same holds true; the prospect’s CEO or CFO will usually want to establish a relationship with his counterpart in your company. This should not be something to avoid, but there are pitfalls you need to be aware of when executive management gets directly involved in your deal. You need to communicate to the exec — as diplomatically as possible — that he is working for you on the sales opportunity, not the reverse. The best way to do this is to present a complete, well-thought-out strategic sales plan that specifies when, where, and how the exec will be involved. When you’ve demonstrated that you’ve accurately assessed the sales opportunity and designed appropriate objectives, strategy, and tactics, the upper-level manager is more likely to follow your lead. Tier-level selling should be strategic and proactive, not the result of a lack of planning or effective teamwork. Debriefing Too few sales teams bother with this important step. It’s usually, “Whew, that’s over. Let’s get to the airport and see if we can catch an early flight.” Here is where your leadership is crucial. You need to let your team know in advance that there will be a debriefing, and you need to manage the session for best results. It’s really not that difficult to answer several crucial questions (and take one further action): 1. Did we achieve our objectives, and the prospect’s, for the meeting? 2. If not, where did we fall short, and why? What do we need to do about it? Is damage control required? Who will follow up? When, how, and with whom? 3. If we did achieve the objectives, what could we have done better? 4. What new issues were raised? What do we need to do about them? Who will follow up? When, how, and with whom? 5. Review and validate the next step(s) in the sales plan. As an individual sales rep, your skills and knowledge can bring you your share of business. But if you can organize and manage an effective virtual sales team to execute a team-oriented sales plan, keeping your eye on all the variables discussed here, you’ll have gained a key component of sustainable competitive advantage. Remember, a critical component of successful enterprise software selling is doing an effective job as CEO of your virtual sales team. Specializing in large, enterprise sales opportunities, Dave is much in demand as a speaker, consultant, coach, and trainer. He has worked with companies small and large, from $5 million in sales to the Fortune 500, including IBM, Oracle, Hewlett-Packard, Invensys plc, NEC, AMS, ALLTEL, Pitney Bowes, Siemens, McGraw Hill, Standard & Poor's and Bayer. |
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