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Welcome Sales RX'ers to your weekly dose of sales prescriptions!
In today's edition, we will delve into the art of building stronger relationships to unlock success. From qualifying meetings to embracing a multi-threaded approach and adopting modern sales methods, we will equip you with tactical knowledge to optimize your B2B sales process and drive meaningful business growth.
Whether you're a seasoned sales professional or a sales leader, this newsletter is your go-to resource for practical insights and strategies tailored specifically for B2B sales. By implementing these tactics, you'll navigate the challenges of the B2B sales landscape, nurture leads effectively, and forge lasting connections with potential clients.
In B2B sales, it's easy to dismiss meetings with prospects who may not be ready to buy immediately. However, building relationships with individuals, even if they're not the primary decision-makers, can yield long-term benefits.
By adopting a strategic mindset and embracing meetings with a broader network, you expand your reach and nurture potential opportunities. Remember, investing time in relationship-building can pay off when prospects enter the buying phase.
Additionally, this can provide you the opportunity to find out what's important at various levels of the org. What may be important for an SDR manager might not be important for a VP of Marketing.
However, those insights from someone on the frontlines can inform more senior leaders of what's really going on in their business in a way they haven't thought about before.
The value of influencers and individuals with purchasing experience cannot be underestimated in B2B sales. Engaging with these individuals can provide insights into the organization's buying process and open doors for you.
Don't disregard meetings with people who have transitioned into different roles, as their knowledge and connections can be invaluable. Remember, B2B sales is a long game, and nurturing relationships with influencers can yield fruitful results in the future.
The people you talk to today may be the people you sell to tomorrow. I've experienced this as I had a huge network of IT Directors who 2 - 3 years after we met became CIOs, CSOs, and CTOs.
This was super helpful when I started consulting with cyber-security companies (both startup and growth-stage), because I had a great list of potential buyers for my client's product. I also leveraged these individuals to better understand my outreach process and how it pertained to their buying persona.
To stand out in the B2B sales landscape, it's crucial to adapt to modern practices and move away from outdated methods. Personalization and value-driven conversations should be at the forefront of your approach.
Take the time to understand your prospects' pain points and engage in meaningful discussions. By demonstrating your understanding and offering valuable insights, you build trust and differentiate yourself from competitors. Sales are about building genuine relationships, not just following a rigid script.
There are plenty of ways to do this, but I like to separate my methods between inbound and outbound. All Inbound opps will typically follow The Challenger sales process, while I do more GAP selling on the outbound opps.
The method to the madness is that the inbounds are most likely somewhat educated, or getting "sales-facing education" from my competitors who had also raised their hand to look at a demo. I have to combat all the bad info they are getting, and the preconceived notions and self-diagnosis they have.
In outbound sales, I need to parcel a flurry of pain points to show them why this pain point is not a $10,000 problem, these 9 pain points combined are a $100,000 problem. This is how you drive urgency in your sales process and gain more credibility and trust from your prospect.
Success in B2B sales hinges on building strong relationships and implementing effective strategies. By strategically qualifying meetings, engaging with influencers, and embracing modern sales methods, you position yourself as a trusted advisor and drive business growth.
Remember, nurturing leads and investing in relationships yield long-term benefits, even if the immediate sale is not guaranteed. With these insights, you're equipped to navigate the complexities of B2B sales and achieve greater success as a sales professional or sales leader.
Stay tuned for next week's edition of The Sales RX Newsletter, where we'll continue to provide you with valuable insights to excel in the ever-evolving world of B2B sales. Happy selling, Sales RX'ers!
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