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Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
TOPO	
  
TOPO
	
  
Sales	
  and	
  The	
  Buyer:	
  	
  
Why	
  You	
  Should	
  Let	
  the	
  Buyer	
  Design	
  Your	
  
Sales	
  Organization	
  
A	
  TOPO	
  white	
  paper	
  for	
  marketing	
  and	
  sales	
  professionals	
  
	
  
Learn	
  more:	
  
www.topohq.com	
  
blog.topohq.com	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
Why	
  you	
  should	
  let	
  the	
  buyer	
  design	
  your	
  sales	
  
organization	
  
Every	
  company	
  needs	
  to	
  map	
  their	
  target	
  buyer’s	
  
buying	
  experience	
  before	
  they	
  make	
  any	
  decisions	
  
about	
  the	
  design	
  of	
  their	
  sales	
  and	
  marketing	
  
function.	
  TOPO	
  came	
  to	
  this	
  realization	
  as	
  we	
  worked	
  
with	
  clients	
  over	
  the	
  last	
  year	
  to	
  solve	
  vexing	
  
challenges	
  in	
  their	
  sales	
  and	
  marketing	
  organizations.	
  
A	
  client	
  would	
  come	
  to	
  us	
  and	
  ask	
  a	
  critical	
  sales	
  or	
  
marketing	
  question.	
  While	
  we	
  offered	
  best	
  practices	
  
and	
  advice	
  to	
  the	
  client,	
  most	
  of	
  these	
  questions	
  
were	
  best	
  answered	
  by	
  the	
  client’s	
  buyers.	
  For	
  
example,	
  marketers	
  would	
  often	
  ask:	
  “What	
  content	
  
types	
  do	
  buyers	
  prefer?”	
  or	
  “What	
  content	
  will	
  really	
  
convert?”	
  The	
  more	
  questions	
  we	
  heard,	
  the	
  more	
  
we	
  realized:	
  The	
  buyer	
  is	
  the	
  best	
  person	
  to	
  answer	
  
these	
  questions:	
  
The	
  buying	
  experience	
  will	
  tell	
  you	
  how	
  your	
  buyers	
  
want	
  to	
  buy.	
  This	
  insight	
  will	
  allow	
  you	
  to	
  properly	
  
design	
  your	
  sales	
  and	
  marketing	
  organization	
  to	
  
deliver	
  the	
  buying	
  experience	
  your	
  buyers	
  want.	
  As	
  a	
  
matter	
  of	
  fact,	
  our	
  research	
  has	
  found	
  that	
  the	
  
buying	
  experience	
  is	
  more	
  important	
  than	
  product	
  
and	
  price.	
  Homayoun	
  Hatami,	
  co-­‐leader	
  of	
  the	
  Sales	
  
Growth	
  practice	
  at	
  McKinsey,	
  provides	
  his	
  take	
  on	
  
the	
  importance	
  of	
  providing	
  a	
  buyer-­‐centric	
  sales	
  
experience:	
  
“Sophisticated	
  customers	
  are	
  not	
  
interested	
  in	
  traditional	
  sales	
  
models.	
  They	
  demand	
  faster,	
  
more	
  seamless,	
  and	
  even	
  
enjoyable	
  sales	
  experiences.”	
  
Today’s	
  post	
  is	
  about	
  designing	
  your	
  sales	
  strategy	
  
and	
  process	
  based	
  on	
  an	
  in-­‐depth	
  understanding	
  of	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
your	
  buyer	
  and	
  how	
  they	
  buy.	
  In	
  most	
  cases,	
  the	
  
sales	
  leader	
  wants	
  to	
  build	
  their	
  organization	
  and	
  
processes	
  based	
  on	
  their	
  past	
  experiences.	
  While	
  
there	
  is	
  tremendous	
  value	
  in	
  proven	
  experience,	
  
often	
  times	
  the	
  “proven”	
  sales	
  methodology	
  is	
  forced	
  
upon	
  everyone,	
  especially	
  the	
  buyer.	
  It’s	
  not	
  that	
  the	
  
sales	
  leader	
  is	
  wrong,	
  it’s	
  that	
  your	
  buyer	
  is	
  right.	
  
Sales	
  leaders	
  who	
  craft	
  their	
  sales	
  process	
  based	
  on	
  
their	
  target	
  buyer’s	
  preferred	
  buying	
  experience	
  are	
  
typically	
  more	
  successful	
  than	
  others.	
  As	
  Dave	
  Stein	
  
from	
  ES	
  Research	
  Group	
  says:	
  “The	
  best	
  sales	
  leaders	
  
understand	
  that	
  they	
  have	
  to	
  have	
  the	
  right	
  people,	
  
the	
  right	
  behaviors,	
  the	
  right	
  technology,	
  the	
  right	
  
coaching	
  and	
  infrastructure	
  to	
  be	
  able	
  to	
  sell	
  how	
  
their	
  customers	
  want	
  to	
  buy”.	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
Sales	
  process	
  design	
  
The	
  most	
  common	
  questions	
  regarding	
  sales	
  process	
  
design	
  are	
  “what	
  sales	
  processes	
  have	
  you	
  seen	
  
work?”	
  or	
  “do	
  you	
  have	
  any	
  sales	
  process	
  models	
  we	
  
can	
  use?”	
  Sometimes	
  there	
  isn’t	
  even	
  a	
  question,	
  it’s	
  
a	
  statement:	
  “Here	
  is	
  the	
  sales	
  process	
  I	
  used	
  at	
  XXX	
  
and	
  we	
  grew	
  the	
  business	
  from	
  0	
  to	
  100	
  million.	
  Let’s	
  
implement	
  it.”	
  The	
  truth	
  is	
  that	
  the	
  most	
  effective	
  
sales	
  process	
  should	
  be	
  designed	
  to	
  support	
  your	
  
buyer’s	
  preferred	
  buying	
  process.	
  In	
  other	
  words,	
  the	
  
real	
  question	
  organizations	
  should	
  be	
  asking	
  is:	
  “How	
  
do	
  we	
  organize	
  our	
  sales	
  process	
  to	
  support	
  how	
  our	
  
buyers	
  want	
  to	
  buy.”	
  
Your	
  buyer	
  will	
  go	
  through	
  a	
  series	
  of	
  steps	
  to	
  buy	
  
your	
  solution.	
  The	
  buying	
  experience	
  map	
  will	
  detail	
  
each	
  step.	
  Then	
  you	
  design	
  your	
  sales	
  process	
  so	
  
your	
  sales	
  people	
  can	
  help	
  facilitate	
  the	
  buying	
  
process.	
  Dave	
  Stein:	
  “Evaluate	
  and	
  assess	
  how	
  the	
  
selling	
  process	
  overlaps	
  with	
  the	
  buying	
  process.	
  If	
  an	
  
organization	
  finds	
  that	
  60	
  percent	
  of	
  the	
  sales	
  
process	
  maps	
  to	
  the	
  buying	
  process,	
  then	
  the	
  other	
  
40	
  percent	
  is	
  a	
  gap	
  that	
  needs	
  to	
  be	
  addressed.”	
  
Some	
  companies	
  create	
  a	
  completely	
  different	
  set	
  of	
  
sales	
  processes	
  based	
  on	
  the	
  type	
  of	
  buyer.	
  Alex	
  
Shootman	
  of	
  Eloqua	
  has	
  a	
  great	
  perspective	
  on	
  this.	
  
His	
  sales	
  process	
  was	
  not	
  only	
  built	
  to	
  support	
  the	
  
buying	
  experience,	
  they	
  actually	
  had	
  different	
  sales	
  
processes	
  for	
  each	
  buyer	
  persona.	
  
Another	
  example	
  is	
  of	
  a	
  company	
  who	
  sold	
  to	
  both	
  
the	
  business	
  decision	
  maker	
  and	
  IT.	
  These	
  
organizational	
  silos	
  had	
  completely	
  different	
  buying	
  
processes.	
  The	
  business	
  decision	
  maker	
  was	
  an	
  
evangelistic	
  sale.	
  They	
  weren’t	
  used	
  to	
  buying	
  
technology	
  so	
  the	
  process	
  involved	
  helping	
  them	
  first	
  
understand	
  that	
  they	
  needed	
  to	
  address	
  this	
  issue	
  
and	
  then	
  actually	
  helping	
  them	
  with	
  their	
  internal	
  
buying	
  process.	
  IT	
  was	
  a	
  group	
  of	
  professional	
  
buyers.	
  They	
  knew	
  how	
  to	
  buy	
  technology	
  and	
  if	
  they	
  
could	
  convince	
  IT,	
  the	
  deals	
  moved	
  faster	
  but	
  were	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
smaller.	
  IT	
  bought	
  on	
  features	
  and	
  functionality	
  and	
  
required	
  a	
  completely	
  different	
  selling	
  process.	
  With	
  
both	
  examples,	
  the	
  buying	
  process	
  decided	
  the	
  
selling	
  process	
  with	
  incredible	
  results.	
  
	
  
	
   	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
Product	
  and	
  messaging	
  design	
  
Every	
  sales	
  team	
  is	
  trying	
  to	
  find	
  that	
  sales	
  messaging	
  
that	
  will	
  resonate.	
  Sales	
  messaging	
  is	
  a	
  roulette-­‐
wheel	
  guessing	
  game	
  for	
  many	
  organizations.	
  
Marketing	
  spends	
  lots	
  of	
  resources	
  coming	
  up	
  with	
  
what	
  the	
  company	
  believes	
  is	
  the	
  best	
  overall	
  
company	
  message	
  and	
  it	
  doesn’t	
  convert	
  with	
  
buyers.	
  	
  Most	
  companies	
  who	
  cracked	
  the	
  sales	
  
messaging	
  code	
  do	
  so	
  by	
  trial	
  and	
  error	
  and	
  that	
  is	
  an	
  
expensive	
  way	
  to	
  go-­‐to-­‐market.	
  Instead,	
  build	
  your	
  
sales	
  messaging	
  based	
  on	
  direct	
  feedback	
  from	
  your	
  
buyer	
  and	
  do	
  so	
  for	
  each	
  buyer	
  in	
  the	
  decision	
  
making	
  process.	
  Not	
  only	
  that,	
  each	
  micro-­‐step	
  the	
  
buyer	
  takes	
  in	
  their	
  buying	
  experience	
  will	
  require	
  it’s	
  
own	
  set	
  of	
  messaging	
  sound	
  bytes.	
  
For	
  example,	
  a	
  status	
  quo	
  prospect	
  is	
  not	
  ready	
  for	
  a	
  
product	
  pitch	
  and	
  will	
  need	
  messaging	
  that	
  helps	
  
them	
  understand	
  that	
  they	
  may	
  have	
  a	
  problem	
  or	
  
they	
  can	
  do	
  better.	
  On	
  the	
  other	
  end	
  of	
  the	
  
spectrum,	
  a	
  prospect	
  that	
  is	
  currently	
  evaluating	
  
vendors	
  will	
  need	
  a	
  more	
  product-­‐centric	
  
message.	
  	
  Each	
  step	
  has	
  it’s	
  own	
  set	
  of	
  messages	
  
both	
  of	
  which	
  are	
  based	
  on	
  who	
  the	
  buyer	
  is	
  and	
  
where	
  they	
  are	
  in	
  the	
  buying	
  process.	
  
Also,	
  each	
  buyer	
  will	
  require	
  his	
  or	
  her	
  own	
  set	
  of	
  
sales	
  messaging.	
  We	
  recently	
  met	
  with	
  an	
  executive	
  
who	
  told	
  us	
  how	
  as	
  his	
  company	
  moved	
  to	
  selling	
  to	
  
marketing,	
  the	
  sales	
  reps	
  used	
  the	
  same	
  approach	
  
and	
  as	
  a	
  result,	
  progress	
  has	
  been	
  slow.	
  The	
  company	
  
failed	
  to	
  realize	
  that	
  marketing	
  was	
  a	
  completely	
  
different	
  target	
  buyer.	
  Marketers	
  have	
  their	
  own	
  
unique	
  buying	
  process.	
  Marketing	
  leaders	
  want	
  
shorter	
  decks	
  without	
  a	
  features	
  and	
  functionality	
  
discussion.	
  Instead	
  the	
  want	
  more	
  information	
  on	
  
what	
  the	
  solution	
  is	
  and	
  what	
  it	
  will	
  do	
  for	
  their	
  
organization.	
  They	
  certainly	
  don’t	
  want	
  a	
  Sales	
  
Engineer	
  delivering	
  a	
  technology	
  presentation.	
  A	
  
critical	
  step	
  in	
  a	
  go-­‐to-­‐market	
  design	
  is	
  a	
  thorough	
  
understanding	
  of	
  your	
  target	
  buyers’	
  preferred	
  
buying	
  experience	
  and	
  this	
  example	
  highlights	
  this	
  
point.	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
Organizational	
  design	
  
The	
  buying	
  experience	
  map	
  will	
  tell	
  you	
  who	
  should	
  
interact	
  with	
  buyers	
  and	
  when.	
  The	
  first	
  question	
  we	
  
get	
  from	
  founders	
  or	
  newly	
  minted	
  sales	
  leaders	
  are	
  
about	
  organizational	
  design.	
  The	
  critical	
  decision	
  is	
  
not	
  just	
  what	
  you	
  want	
  to	
  do	
  as	
  company	
  (product,	
  
market,	
  fit),	
  but	
  it’s	
  how	
  the	
  buyers	
  want	
  to	
  buy.	
  At	
  
the	
  Sales	
  2.0	
  conference	
  a	
  couple	
  years	
  ago,	
  Jim	
  Cyb	
  
from	
  Zendesk,	
  a	
  leading	
  cloud	
  help-­‐desk	
  application	
  
provider,	
  talked	
  about	
  how	
  they	
  had	
  customer	
  
service	
  and	
  help	
  desk	
  professionals	
  on	
  the	
  sales	
  floor	
  
supporting	
  the	
  sales	
  team.	
  Zendesk	
  had	
  realized	
  that	
  
their	
  buyers	
  preferred	
  to	
  interact	
  with	
  their	
  peers	
  in	
  
the	
  sales	
  process	
  and	
  organized	
  themselves	
  to	
  
support	
  that	
  preferred	
  buying	
  experience.	
  This	
  is	
  one	
  
of	
  my	
  favorite	
  examples	
  of	
  out-­‐of-­‐the-­‐box	
  sales	
  
organizational	
  design	
  that	
  wasn’t	
  done	
  just	
  to	
  be	
  
revolutionary,	
  but	
  was	
  done	
  because	
  that	
  is	
  what	
  
their	
  buyers	
  wanted.	
  
Inside	
  sales	
  is	
  one	
  of	
  the	
  hottest	
  trends	
  in	
  sales	
  
management	
  right	
  now.	
  Many	
  organizations	
  are	
  
attracted	
  to	
  what	
  they	
  perceive	
  as	
  lower-­‐cost,	
  easier-­‐
to-­‐manage	
  inside	
  sales	
  people	
  versus	
  the	
  expensive,	
  
demanding	
  direct	
  reps.	
  Product	
  and	
  price	
  play	
  a	
  huge	
  
part	
  in	
  deciding	
  whether	
  to	
  build	
  an	
  inside	
  sales	
  
team,	
  but	
  the	
  most	
  important	
  factor	
  is	
  whether	
  the	
  
buyers	
  want	
  to	
  buy	
  this	
  way.	
  Inside	
  sales	
  guru	
  Trish	
  
Bertuzzi:	
  “The	
  key	
  for	
  sales	
  leaders	
  considering	
  inside	
  
sales	
  is	
  to	
  look	
  at	
  the	
  buyer	
  variables	
  that	
  will	
  impact	
  
their	
  ability	
  to	
  be	
  successful.	
  How	
  do	
  their	
  buyers	
  
want	
  to	
  buy?	
  Do	
  their	
  buyers	
  utilize	
  online	
  resources	
  
to	
  educate	
  themselves?	
  Do	
  their	
  buyers	
  feel	
  
comfortable	
  communicating	
  over	
  phone	
  or	
  
email?	
  Can	
  their	
  buyers	
  be	
  educated	
  over	
  phone	
  or	
  
online?”	
  
We	
  recently	
  spoke	
  with	
  VP	
  of	
  Sales	
  about	
  his	
  former	
  
company’s	
  failed	
  experiment	
  with	
  inside	
  sales.	
  The	
  
CEO	
  was	
  drawn	
  to	
  the	
  cost	
  savings	
  and	
  potential	
  
scale	
  of	
  inside	
  sales.	
  They	
  created	
  a	
  cheaper	
  version	
  
of	
  the	
  product	
  and	
  hired	
  10+	
  inside	
  sales	
  reps.	
  The	
  VP	
  
of	
  Sales:	
  “He	
  never	
  considered	
  that	
  our	
  target	
  buyer	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
actually	
  preferred	
  to	
  spend	
  more	
  to	
  have	
  the	
  hands-­‐
on	
  buying	
  and	
  onboarding	
  experience.”	
  Ultimately,	
  
the	
  inside	
  sales	
  experiment	
  failed	
  because	
  the	
  
decision	
  to	
  move	
  sales	
  inside	
  was	
  what	
  the	
  company	
  
wanted	
  not	
  to	
  do	
  with	
  little	
  regard	
  for	
  what	
  their	
  
buyers	
  wanted.	
  
	
  
	
  
	
  
	
  
	
   	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
Sourcing	
  and	
  hiring	
  sales	
  talent	
  
Once	
  you	
  understand	
  who	
  the	
  buyer	
  is,	
  who	
  they	
  
want	
  to	
  talk	
  to,	
  and	
  what	
  it	
  will	
  take	
  to	
  move	
  them	
  
from	
  one	
  buying	
  step	
  to	
  the	
  next,	
  you	
  can	
  then	
  
model	
  your	
  ideal	
  hiring	
  profile.	
  Bertuzzi:	
  “There	
  is	
  a	
  
big	
  difference	
  between	
  selling	
  to	
  the	
  “C-­‐suite”	
  or	
  to	
  
an	
  application	
  development	
  manager.”	
  The	
  hiring	
  
profile	
  then	
  becomes	
  one	
  of	
  the	
  key	
  points	
  of	
  
leverage	
  as	
  you	
  look	
  to	
  scale	
  the	
  business.	
  The	
  sales	
  
organizations	
  that	
  scale	
  to	
  greatness	
  have	
  often	
  
figured	
  out	
  what	
  type	
  of	
  sales	
  rep	
  they	
  need	
  to	
  
execute.	
  
Mark	
  Roberge	
  from	
  Hubspot	
  is	
  a	
  well-­‐respected	
  
thought	
  leader	
  in	
  sales	
  management.	
  His	
  hiring	
  
practices	
  have	
  been	
  frequently	
  chronicled.	
  I	
  always	
  
point	
  people	
  to	
  his	
  methodology	
  as	
  an	
  example	
  of	
  a	
  
buyer-­‐centric	
  hiring	
  profile	
  that	
  is	
  critical	
  to	
  a	
  sales	
  
leaders	
  growth	
  strategy.	
  One	
  of	
  the	
  key	
  facets	
  to	
  
Roberge’s	
  sales	
  strategy	
  is	
  hiring	
  the	
  “same	
  kind	
  of	
  
sales	
  person”.	
  Here	
  is	
  his	
  description	
  of	
  how	
  they	
  
came	
  to	
  their	
  hiring	
  profile:	
  “We	
  need	
  to	
  educate	
  
people	
  over	
  the	
  phone	
  and	
  literally	
  convince	
  them	
  to	
  
turn	
  their	
  sales	
  and	
  marketing	
  process	
  on	
  its	
  head.	
  To	
  
do	
  so,	
  our	
  sales	
  team	
  needs	
  to	
  earn	
  the	
  prospect’s	
  
trust,	
  gain	
  a	
  deep	
  understanding	
  of	
  the	
  prospect’s	
  
business	
  goals,	
  understand	
  their	
  sophistication	
  with	
  
sales	
  and	
  marketing,	
  and	
  articulate	
  an	
  adoption	
  plan	
  
of	
  inbound	
  marketing	
  that	
  aligns	
  with	
  the	
  prospect’s	
  
context…A	
  demo	
  of	
  the	
  entire	
  product	
  would	
  take	
  
hours	
  and	
  would	
  overwhelm	
  the	
  prospect.	
  Sales	
  reps	
  
need	
  to	
  be	
  sophisticated	
  enough	
  to	
  tailor	
  the	
  demo	
  
to	
  the	
  prospect’s	
  context…[Based	
  on	
  this	
  criteria}	
  we	
  
started	
  off	
  by	
  writing	
  down	
  a	
  set	
  of	
  attributes	
  that	
  
we	
  thought	
  would	
  be	
  important,	
  and	
  used	
  these	
  
during	
  interviews	
  to	
  evaluate	
  candidates.”	
  
The	
  best	
  sales	
  person	
  at	
  another	
  company	
  may	
  not	
  
be	
  the	
  best	
  fit	
  for	
  your	
  organization.	
  While	
  past	
  
success	
  must	
  always	
  be	
  a	
  key	
  factor	
  when	
  hiring	
  sales	
  
people,	
  the	
  other	
  key	
  attributes	
  should	
  be	
  based	
  on	
  
what	
  type	
  of	
  sales	
  people	
  can	
  effectively	
  interact	
  
with	
  your	
  target	
  buyer(s).	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
Sales	
  enablement	
  
Sales	
  enablement	
  is	
  providing	
  the	
  tools	
  and	
  training	
  
so	
  your	
  sales	
  people	
  can	
  successfully	
  execute	
  your	
  
sales	
  process.	
  Content	
  is	
  a	
  hot	
  sales	
  enablement	
  
topic	
  and	
  we	
  often	
  get	
  the	
  question:	
  “What	
  content	
  
works?”	
  or	
  “Should	
  we	
  build	
  an	
  ROI	
  model?”	
  The	
  
question	
  should	
  have	
  been:	
  “What	
  content	
  assets	
  
does	
  my	
  buyer	
  need	
  to	
  advance	
  in	
  the	
  buying	
  process	
  
process?”	
  The	
  buying	
  experience	
  map	
  will	
  tell	
  you	
  
the	
  content	
  types	
  your	
  buyers	
  prefer	
  and	
  the	
  topics	
  
that	
  will	
  resonate.	
  
We	
  recently	
  met	
  with	
  an	
  executive	
  whose	
  last	
  
company	
  targeted	
  application	
  developers.	
  As	
  part	
  of	
  
their	
  original	
  selling	
  process,	
  they	
  would	
  push	
  
prospects	
  to	
  a	
  webinar	
  and	
  only	
  small	
  numbers	
  
signed	
  up	
  or	
  attended.	
  After	
  a	
  more	
  rigorous	
  review	
  
of	
  their	
  buyer	
  and	
  their	
  preferences,	
  they	
  realized	
  
that	
  a	
  product	
  demo	
  was	
  the	
  better	
  offer.	
  Their	
  
target	
  buyer	
  did	
  not	
  want	
  to	
  go	
  to	
  thought	
  leadership	
  
webinars.	
  They	
  wanted	
  a	
  deep	
  understanding	
  of	
  the	
  
capabilities	
  of	
  the	
  product.	
  	
  The	
  demo	
  was	
  a	
  
breakthrough	
  content	
  type	
  and	
  they	
  began	
  to	
  get	
  
1000’s	
  of	
  attendees	
  and	
  revenue	
  finally	
  started	
  to	
  
hockey	
  stick	
  (click	
  here	
  to	
  learn	
  more	
  about	
  content	
  
selling).	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
   	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
Key	
  sales	
  activities	
  
Key	
  activities	
  are	
  the	
  plays	
  that	
  sales	
  people	
  make	
  at	
  
each	
  step	
  in	
  the	
  process.	
  Key	
  activities	
  are	
  part	
  of	
  you	
  
overall	
  sales	
  and	
  marketing	
  design	
  and	
  as	
  you	
  
probably	
  have	
  guessed	
  by	
  now	
  are	
  best	
  determined	
  
once	
  you	
  understand	
  what	
  your	
  buyers	
  prefer.	
  One	
  
example	
  of	
  a	
  key	
  activity	
  is	
  deciding	
  what	
  channel	
  is	
  
best	
  to	
  communicate	
  with	
  your	
  buyer	
  at	
  a	
  given	
  
stage.	
  A	
  common	
  question	
  is	
  when	
  to	
  use	
  the	
  phone	
  
versus	
  email.	
  
Another	
  example	
  is	
  whether	
  to	
  use	
  social	
  or	
  not.	
  It’s	
  
really	
  not	
  that	
  complicated.	
  If	
  your	
  buyers	
  are	
  social,	
  
then	
  you	
  should	
  be	
  social.	
  	
  At	
  TOPO	
  we	
  sell	
  to	
  
marketing	
  and	
  sales.	
  We	
  know	
  that	
  many	
  of	
  our	
  
buyers	
  interact	
  socially	
  via	
  Twitter	
  (marketing)	
  and	
  
LinkedIn	
  (sales	
  and	
  marketing).	
  Social	
  has	
  proven	
  to	
  
be	
  equally	
  if	
  not	
  more	
  effective	
  to	
  reach	
  prospects	
  
than	
  the	
  phone.	
  	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
   	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
Metrics	
  and	
  optimization	
  
There	
  are	
  a	
  number	
  of	
  sales	
  metrics	
  that	
  can	
  be	
  used	
  
across	
  most	
  businesses	
  such	
  as	
  retroactive	
  metrics	
  
like	
  revenue	
  generated	
  or	
  closed/won,	
  etc.	
  Metrics	
  
are	
  really	
  powerful	
  when	
  they	
  can	
  tell	
  you	
  where	
  you	
  
are	
  BEFORE	
  you	
  close	
  the	
  business.	
  While	
  you	
  can’t	
  
ask	
  the	
  buyer	
  which	
  metrics	
  you	
  should	
  use	
  to	
  track	
  
them,	
  you	
  do	
  want	
  to	
  use	
  the	
  buying	
  experience	
  map	
  
to	
  determine	
  what	
  the	
  true	
  milestones	
  are	
  in	
  the	
  
buying	
  process	
  that	
  you	
  should	
  focus	
  on.	
  By	
  focusing	
  
in	
  on	
  the	
  right	
  buyer	
  milestones,	
  you	
  can	
  better	
  
manage	
  your	
  sales	
  people	
  and	
  understand	
  where	
  you	
  
truly	
  stand	
  in	
  the	
  process.	
  
For	
  instance,	
  at	
  TOPO,	
  an	
  absolutely	
  critical	
  step	
  in	
  
our	
  customer’s	
  buying	
  process	
  is	
  called	
  the	
  
stakeholder	
  meeting.	
  Our	
  first	
  meeting	
  is	
  a	
  critical	
  
first	
  step	
  and	
  we	
  track	
  first	
  meetings.	
  However,	
  our	
  
enterprise	
  buyers	
  cannot	
  move	
  to	
  their	
  next	
  buying	
  
step	
  until	
  we	
  have	
  a	
  bigger	
  meeting	
  with	
  all	
  the	
  
stakeholders.	
  The	
  first	
  meeting-­‐to-­‐stakeholder	
  
meeting	
  conversion	
  rate	
  is	
  a	
  critical	
  metric	
  for	
  us	
  as	
  it	
  
has	
  the	
  biggest	
  impact	
  on	
  pipeline	
  acceleration	
  and	
  
ultimately	
  closed	
  business.	
  Because	
  we	
  track	
  these	
  
metrics,	
  we	
  are	
  able	
  to	
  optimize	
  the	
  plays	
  
(messaging,	
  champion	
  content)	
  our	
  sales	
  team	
  runs	
  
in	
  that	
  very	
  specific	
  and	
  critical	
  point	
  in	
  the	
  buying	
  
process.	
  
Here	
  is	
  another	
  example	
  of	
  a	
  company	
  successfully	
  
managing	
  metrics	
  based	
  on	
  their	
  buyers’	
  buying	
  
process.	
  A	
  cloud	
  software	
  company	
  offers	
  both	
  
demos	
  and	
  trials	
  during	
  their	
  sales	
  and	
  marketing	
  
process.	
  Initially,	
  they	
  only	
  tracked	
  their	
  trial	
  metrics.	
  
The	
  demo	
  was	
  just	
  an	
  activity	
  that	
  was	
  tracked	
  but	
  
not	
  a	
  critical	
  milestone.	
  After	
  examining	
  their	
  buyers,	
  
they	
  determined	
  that	
  their	
  larger	
  company	
  buyer	
  
personas	
  did	
  not	
  do	
  a	
  trial.	
  As	
  a	
  matter	
  of	
  fact,	
  they	
  
preferred	
  the	
  demo.	
  This	
  revelation	
  caused	
  major	
  
renovations	
  to	
  the	
  sales	
  process,	
  messaging,	
  sales	
  
plays,	
  and	
  it	
  became	
  a	
  critical	
  metric	
  to	
  track	
  and	
  
optimize	
  for	
  going	
  forward.	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
	
  
Sales	
  technology	
  
There	
  are	
  many	
  reasons	
  sales	
  technology	
  
implementations	
  fail.	
  A	
  lack	
  of	
  training	
  and	
  product	
  
ease	
  of	
  use	
  are	
  good	
  examples	
  of	
  this.	
  However,	
  
another	
  major	
  reason	
  is	
  that	
  the	
  technology	
  is	
  not	
  
relevant	
  to	
  supporting	
  your	
  interactions	
  with	
  your	
  
target	
  buyer	
  (This	
  is	
  not	
  true	
  for	
  all	
  technology.	
  For	
  
example,	
  compensation	
  management	
  is	
  internally	
  
focused).	
  Sales	
  technology	
  is	
  a	
  very	
  popular	
  topic	
  
right	
  now	
  and	
  sales	
  leaders	
  always	
  want	
  to	
  hear	
  
about	
  the	
  latest	
  and	
  greatest	
  application.	
  Frankly,	
  a	
  
lot	
  of	
  the	
  innovations	
  in	
  the	
  sales	
  technology	
  space	
  
are	
  very	
  exciting.	
  Choosing	
  the	
  right	
  technology	
  to	
  
support	
  your	
  sales	
  team	
  is	
  one	
  of	
  the	
  key	
  factors	
  to	
  
consider	
  as	
  you	
  design	
  your	
  buyers’	
  buying	
  
experience.	
  
After	
  you	
  to	
  determine	
  each	
  step	
  the	
  buyer	
  will	
  take	
  
during	
  their	
  buying	
  process,	
  then	
  you	
  will	
  determine	
  
your	
  sales	
  process.	
  Once	
  you	
  have	
  built	
  your	
  sales	
  
process,	
  only	
  then	
  should	
  you	
  determine	
  what	
  tools	
  
are	
  needed.	
  For	
  example,	
  I	
  spoke	
  with	
  a	
  sales	
  
operations	
  person	
  at	
  a	
  startup	
  where	
  the	
  VP	
  of	
  Sales	
  
wanted	
  to	
  implement	
  an	
  elaborate	
  quoting	
  
application	
  because	
  he	
  had	
  used	
  this	
  application	
  in	
  
his	
  previous	
  position.	
  Their	
  buyers	
  are	
  IT	
  managers	
  
who	
  want	
  simple	
  and	
  easy	
  buying	
  experiences.	
  
Product	
  management	
  understood	
  this	
  about	
  the	
  
buyer	
  and	
  created	
  a	
  downloadable	
  cloud	
  product,	
  
but	
  clearly	
  the	
  VP	
  of	
  Sales	
  had	
  not.	
  	
  
	
   	
  
Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization
© TOPO 2013
TOPO
We	
  help	
  our	
  clients	
  design	
  and	
  deliver	
  
great	
  buying	
  experiences.	
  Why?	
  Because	
  
companies	
  that	
  deliver	
  great	
  buying	
  
experiences	
  grow	
  2X	
  faster	
  than	
  those	
  
that	
  don’t.	
  
	
  
www.topohq.com	
  
blog.topohq.com	
  
Contact	
  TOPO:	
  
Craig	
  Rosenberg	
  
650-­‐630-­‐3321	
  
craig@topohq.com	
  
	
  

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Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization

  • 1. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 TOPO   TOPO   Sales  and  The  Buyer:     Why  You  Should  Let  the  Buyer  Design  Your   Sales  Organization   A  TOPO  white  paper  for  marketing  and  sales  professionals     Learn  more:   www.topohq.com   blog.topohq.com  
  • 2. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 Why  you  should  let  the  buyer  design  your  sales   organization   Every  company  needs  to  map  their  target  buyer’s   buying  experience  before  they  make  any  decisions   about  the  design  of  their  sales  and  marketing   function.  TOPO  came  to  this  realization  as  we  worked   with  clients  over  the  last  year  to  solve  vexing   challenges  in  their  sales  and  marketing  organizations.   A  client  would  come  to  us  and  ask  a  critical  sales  or   marketing  question.  While  we  offered  best  practices   and  advice  to  the  client,  most  of  these  questions   were  best  answered  by  the  client’s  buyers.  For   example,  marketers  would  often  ask:  “What  content   types  do  buyers  prefer?”  or  “What  content  will  really   convert?”  The  more  questions  we  heard,  the  more   we  realized:  The  buyer  is  the  best  person  to  answer   these  questions:   The  buying  experience  will  tell  you  how  your  buyers   want  to  buy.  This  insight  will  allow  you  to  properly   design  your  sales  and  marketing  organization  to   deliver  the  buying  experience  your  buyers  want.  As  a   matter  of  fact,  our  research  has  found  that  the   buying  experience  is  more  important  than  product   and  price.  Homayoun  Hatami,  co-­‐leader  of  the  Sales   Growth  practice  at  McKinsey,  provides  his  take  on   the  importance  of  providing  a  buyer-­‐centric  sales   experience:   “Sophisticated  customers  are  not   interested  in  traditional  sales   models.  They  demand  faster,   more  seamless,  and  even   enjoyable  sales  experiences.”   Today’s  post  is  about  designing  your  sales  strategy   and  process  based  on  an  in-­‐depth  understanding  of  
  • 3. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 your  buyer  and  how  they  buy.  In  most  cases,  the   sales  leader  wants  to  build  their  organization  and   processes  based  on  their  past  experiences.  While   there  is  tremendous  value  in  proven  experience,   often  times  the  “proven”  sales  methodology  is  forced   upon  everyone,  especially  the  buyer.  It’s  not  that  the   sales  leader  is  wrong,  it’s  that  your  buyer  is  right.   Sales  leaders  who  craft  their  sales  process  based  on   their  target  buyer’s  preferred  buying  experience  are   typically  more  successful  than  others.  As  Dave  Stein   from  ES  Research  Group  says:  “The  best  sales  leaders   understand  that  they  have  to  have  the  right  people,   the  right  behaviors,  the  right  technology,  the  right   coaching  and  infrastructure  to  be  able  to  sell  how   their  customers  want  to  buy”.                          
  • 4. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 Sales  process  design   The  most  common  questions  regarding  sales  process   design  are  “what  sales  processes  have  you  seen   work?”  or  “do  you  have  any  sales  process  models  we   can  use?”  Sometimes  there  isn’t  even  a  question,  it’s   a  statement:  “Here  is  the  sales  process  I  used  at  XXX   and  we  grew  the  business  from  0  to  100  million.  Let’s   implement  it.”  The  truth  is  that  the  most  effective   sales  process  should  be  designed  to  support  your   buyer’s  preferred  buying  process.  In  other  words,  the   real  question  organizations  should  be  asking  is:  “How   do  we  organize  our  sales  process  to  support  how  our   buyers  want  to  buy.”   Your  buyer  will  go  through  a  series  of  steps  to  buy   your  solution.  The  buying  experience  map  will  detail   each  step.  Then  you  design  your  sales  process  so   your  sales  people  can  help  facilitate  the  buying   process.  Dave  Stein:  “Evaluate  and  assess  how  the   selling  process  overlaps  with  the  buying  process.  If  an   organization  finds  that  60  percent  of  the  sales   process  maps  to  the  buying  process,  then  the  other   40  percent  is  a  gap  that  needs  to  be  addressed.”   Some  companies  create  a  completely  different  set  of   sales  processes  based  on  the  type  of  buyer.  Alex   Shootman  of  Eloqua  has  a  great  perspective  on  this.   His  sales  process  was  not  only  built  to  support  the   buying  experience,  they  actually  had  different  sales   processes  for  each  buyer  persona.   Another  example  is  of  a  company  who  sold  to  both   the  business  decision  maker  and  IT.  These   organizational  silos  had  completely  different  buying   processes.  The  business  decision  maker  was  an   evangelistic  sale.  They  weren’t  used  to  buying   technology  so  the  process  involved  helping  them  first   understand  that  they  needed  to  address  this  issue   and  then  actually  helping  them  with  their  internal   buying  process.  IT  was  a  group  of  professional   buyers.  They  knew  how  to  buy  technology  and  if  they   could  convince  IT,  the  deals  moved  faster  but  were  
  • 5. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 smaller.  IT  bought  on  features  and  functionality  and   required  a  completely  different  selling  process.  With   both  examples,  the  buying  process  decided  the   selling  process  with  incredible  results.        
  • 6. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 Product  and  messaging  design   Every  sales  team  is  trying  to  find  that  sales  messaging   that  will  resonate.  Sales  messaging  is  a  roulette-­‐ wheel  guessing  game  for  many  organizations.   Marketing  spends  lots  of  resources  coming  up  with   what  the  company  believes  is  the  best  overall   company  message  and  it  doesn’t  convert  with   buyers.    Most  companies  who  cracked  the  sales   messaging  code  do  so  by  trial  and  error  and  that  is  an   expensive  way  to  go-­‐to-­‐market.  Instead,  build  your   sales  messaging  based  on  direct  feedback  from  your   buyer  and  do  so  for  each  buyer  in  the  decision   making  process.  Not  only  that,  each  micro-­‐step  the   buyer  takes  in  their  buying  experience  will  require  it’s   own  set  of  messaging  sound  bytes.   For  example,  a  status  quo  prospect  is  not  ready  for  a   product  pitch  and  will  need  messaging  that  helps   them  understand  that  they  may  have  a  problem  or   they  can  do  better.  On  the  other  end  of  the   spectrum,  a  prospect  that  is  currently  evaluating   vendors  will  need  a  more  product-­‐centric   message.    Each  step  has  it’s  own  set  of  messages   both  of  which  are  based  on  who  the  buyer  is  and   where  they  are  in  the  buying  process.   Also,  each  buyer  will  require  his  or  her  own  set  of   sales  messaging.  We  recently  met  with  an  executive   who  told  us  how  as  his  company  moved  to  selling  to   marketing,  the  sales  reps  used  the  same  approach   and  as  a  result,  progress  has  been  slow.  The  company   failed  to  realize  that  marketing  was  a  completely   different  target  buyer.  Marketers  have  their  own   unique  buying  process.  Marketing  leaders  want   shorter  decks  without  a  features  and  functionality   discussion.  Instead  the  want  more  information  on   what  the  solution  is  and  what  it  will  do  for  their   organization.  They  certainly  don’t  want  a  Sales   Engineer  delivering  a  technology  presentation.  A   critical  step  in  a  go-­‐to-­‐market  design  is  a  thorough   understanding  of  your  target  buyers’  preferred   buying  experience  and  this  example  highlights  this   point.  
  • 7. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 Organizational  design   The  buying  experience  map  will  tell  you  who  should   interact  with  buyers  and  when.  The  first  question  we   get  from  founders  or  newly  minted  sales  leaders  are   about  organizational  design.  The  critical  decision  is   not  just  what  you  want  to  do  as  company  (product,   market,  fit),  but  it’s  how  the  buyers  want  to  buy.  At   the  Sales  2.0  conference  a  couple  years  ago,  Jim  Cyb   from  Zendesk,  a  leading  cloud  help-­‐desk  application   provider,  talked  about  how  they  had  customer   service  and  help  desk  professionals  on  the  sales  floor   supporting  the  sales  team.  Zendesk  had  realized  that   their  buyers  preferred  to  interact  with  their  peers  in   the  sales  process  and  organized  themselves  to   support  that  preferred  buying  experience.  This  is  one   of  my  favorite  examples  of  out-­‐of-­‐the-­‐box  sales   organizational  design  that  wasn’t  done  just  to  be   revolutionary,  but  was  done  because  that  is  what   their  buyers  wanted.   Inside  sales  is  one  of  the  hottest  trends  in  sales   management  right  now.  Many  organizations  are   attracted  to  what  they  perceive  as  lower-­‐cost,  easier-­‐ to-­‐manage  inside  sales  people  versus  the  expensive,   demanding  direct  reps.  Product  and  price  play  a  huge   part  in  deciding  whether  to  build  an  inside  sales   team,  but  the  most  important  factor  is  whether  the   buyers  want  to  buy  this  way.  Inside  sales  guru  Trish   Bertuzzi:  “The  key  for  sales  leaders  considering  inside   sales  is  to  look  at  the  buyer  variables  that  will  impact   their  ability  to  be  successful.  How  do  their  buyers   want  to  buy?  Do  their  buyers  utilize  online  resources   to  educate  themselves?  Do  their  buyers  feel   comfortable  communicating  over  phone  or   email?  Can  their  buyers  be  educated  over  phone  or   online?”   We  recently  spoke  with  VP  of  Sales  about  his  former   company’s  failed  experiment  with  inside  sales.  The   CEO  was  drawn  to  the  cost  savings  and  potential   scale  of  inside  sales.  They  created  a  cheaper  version   of  the  product  and  hired  10+  inside  sales  reps.  The  VP   of  Sales:  “He  never  considered  that  our  target  buyer  
  • 8. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 actually  preferred  to  spend  more  to  have  the  hands-­‐ on  buying  and  onboarding  experience.”  Ultimately,   the  inside  sales  experiment  failed  because  the   decision  to  move  sales  inside  was  what  the  company   wanted  not  to  do  with  little  regard  for  what  their   buyers  wanted.              
  • 9. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 Sourcing  and  hiring  sales  talent   Once  you  understand  who  the  buyer  is,  who  they   want  to  talk  to,  and  what  it  will  take  to  move  them   from  one  buying  step  to  the  next,  you  can  then   model  your  ideal  hiring  profile.  Bertuzzi:  “There  is  a   big  difference  between  selling  to  the  “C-­‐suite”  or  to   an  application  development  manager.”  The  hiring   profile  then  becomes  one  of  the  key  points  of   leverage  as  you  look  to  scale  the  business.  The  sales   organizations  that  scale  to  greatness  have  often   figured  out  what  type  of  sales  rep  they  need  to   execute.   Mark  Roberge  from  Hubspot  is  a  well-­‐respected   thought  leader  in  sales  management.  His  hiring   practices  have  been  frequently  chronicled.  I  always   point  people  to  his  methodology  as  an  example  of  a   buyer-­‐centric  hiring  profile  that  is  critical  to  a  sales   leaders  growth  strategy.  One  of  the  key  facets  to   Roberge’s  sales  strategy  is  hiring  the  “same  kind  of   sales  person”.  Here  is  his  description  of  how  they   came  to  their  hiring  profile:  “We  need  to  educate   people  over  the  phone  and  literally  convince  them  to   turn  their  sales  and  marketing  process  on  its  head.  To   do  so,  our  sales  team  needs  to  earn  the  prospect’s   trust,  gain  a  deep  understanding  of  the  prospect’s   business  goals,  understand  their  sophistication  with   sales  and  marketing,  and  articulate  an  adoption  plan   of  inbound  marketing  that  aligns  with  the  prospect’s   context…A  demo  of  the  entire  product  would  take   hours  and  would  overwhelm  the  prospect.  Sales  reps   need  to  be  sophisticated  enough  to  tailor  the  demo   to  the  prospect’s  context…[Based  on  this  criteria}  we   started  off  by  writing  down  a  set  of  attributes  that   we  thought  would  be  important,  and  used  these   during  interviews  to  evaluate  candidates.”   The  best  sales  person  at  another  company  may  not   be  the  best  fit  for  your  organization.  While  past   success  must  always  be  a  key  factor  when  hiring  sales   people,  the  other  key  attributes  should  be  based  on   what  type  of  sales  people  can  effectively  interact   with  your  target  buyer(s).  
  • 10. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 Sales  enablement   Sales  enablement  is  providing  the  tools  and  training   so  your  sales  people  can  successfully  execute  your   sales  process.  Content  is  a  hot  sales  enablement   topic  and  we  often  get  the  question:  “What  content   works?”  or  “Should  we  build  an  ROI  model?”  The   question  should  have  been:  “What  content  assets   does  my  buyer  need  to  advance  in  the  buying  process   process?”  The  buying  experience  map  will  tell  you   the  content  types  your  buyers  prefer  and  the  topics   that  will  resonate.   We  recently  met  with  an  executive  whose  last   company  targeted  application  developers.  As  part  of   their  original  selling  process,  they  would  push   prospects  to  a  webinar  and  only  small  numbers   signed  up  or  attended.  After  a  more  rigorous  review   of  their  buyer  and  their  preferences,  they  realized   that  a  product  demo  was  the  better  offer.  Their   target  buyer  did  not  want  to  go  to  thought  leadership   webinars.  They  wanted  a  deep  understanding  of  the   capabilities  of  the  product.    The  demo  was  a   breakthrough  content  type  and  they  began  to  get   1000’s  of  attendees  and  revenue  finally  started  to   hockey  stick  (click  here  to  learn  more  about  content   selling).                                      
  • 11. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 Key  sales  activities   Key  activities  are  the  plays  that  sales  people  make  at   each  step  in  the  process.  Key  activities  are  part  of  you   overall  sales  and  marketing  design  and  as  you   probably  have  guessed  by  now  are  best  determined   once  you  understand  what  your  buyers  prefer.  One   example  of  a  key  activity  is  deciding  what  channel  is   best  to  communicate  with  your  buyer  at  a  given   stage.  A  common  question  is  when  to  use  the  phone   versus  email.   Another  example  is  whether  to  use  social  or  not.  It’s   really  not  that  complicated.  If  your  buyers  are  social,   then  you  should  be  social.    At  TOPO  we  sell  to   marketing  and  sales.  We  know  that  many  of  our   buyers  interact  socially  via  Twitter  (marketing)  and   LinkedIn  (sales  and  marketing).  Social  has  proven  to   be  equally  if  not  more  effective  to  reach  prospects   than  the  phone.                                        
  • 12. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 Metrics  and  optimization   There  are  a  number  of  sales  metrics  that  can  be  used   across  most  businesses  such  as  retroactive  metrics   like  revenue  generated  or  closed/won,  etc.  Metrics   are  really  powerful  when  they  can  tell  you  where  you   are  BEFORE  you  close  the  business.  While  you  can’t   ask  the  buyer  which  metrics  you  should  use  to  track   them,  you  do  want  to  use  the  buying  experience  map   to  determine  what  the  true  milestones  are  in  the   buying  process  that  you  should  focus  on.  By  focusing   in  on  the  right  buyer  milestones,  you  can  better   manage  your  sales  people  and  understand  where  you   truly  stand  in  the  process.   For  instance,  at  TOPO,  an  absolutely  critical  step  in   our  customer’s  buying  process  is  called  the   stakeholder  meeting.  Our  first  meeting  is  a  critical   first  step  and  we  track  first  meetings.  However,  our   enterprise  buyers  cannot  move  to  their  next  buying   step  until  we  have  a  bigger  meeting  with  all  the   stakeholders.  The  first  meeting-­‐to-­‐stakeholder   meeting  conversion  rate  is  a  critical  metric  for  us  as  it   has  the  biggest  impact  on  pipeline  acceleration  and   ultimately  closed  business.  Because  we  track  these   metrics,  we  are  able  to  optimize  the  plays   (messaging,  champion  content)  our  sales  team  runs   in  that  very  specific  and  critical  point  in  the  buying   process.   Here  is  another  example  of  a  company  successfully   managing  metrics  based  on  their  buyers’  buying   process.  A  cloud  software  company  offers  both   demos  and  trials  during  their  sales  and  marketing   process.  Initially,  they  only  tracked  their  trial  metrics.   The  demo  was  just  an  activity  that  was  tracked  but   not  a  critical  milestone.  After  examining  their  buyers,   they  determined  that  their  larger  company  buyer   personas  did  not  do  a  trial.  As  a  matter  of  fact,  they   preferred  the  demo.  This  revelation  caused  major   renovations  to  the  sales  process,  messaging,  sales   plays,  and  it  became  a  critical  metric  to  track  and   optimize  for  going  forward.  
  • 13. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013   Sales  technology   There  are  many  reasons  sales  technology   implementations  fail.  A  lack  of  training  and  product   ease  of  use  are  good  examples  of  this.  However,   another  major  reason  is  that  the  technology  is  not   relevant  to  supporting  your  interactions  with  your   target  buyer  (This  is  not  true  for  all  technology.  For   example,  compensation  management  is  internally   focused).  Sales  technology  is  a  very  popular  topic   right  now  and  sales  leaders  always  want  to  hear   about  the  latest  and  greatest  application.  Frankly,  a   lot  of  the  innovations  in  the  sales  technology  space   are  very  exciting.  Choosing  the  right  technology  to   support  your  sales  team  is  one  of  the  key  factors  to   consider  as  you  design  your  buyers’  buying   experience.   After  you  to  determine  each  step  the  buyer  will  take   during  their  buying  process,  then  you  will  determine   your  sales  process.  Once  you  have  built  your  sales   process,  only  then  should  you  determine  what  tools   are  needed.  For  example,  I  spoke  with  a  sales   operations  person  at  a  startup  where  the  VP  of  Sales   wanted  to  implement  an  elaborate  quoting   application  because  he  had  used  this  application  in   his  previous  position.  Their  buyers  are  IT  managers   who  want  simple  and  easy  buying  experiences.   Product  management  understood  this  about  the   buyer  and  created  a  downloadable  cloud  product,   but  clearly  the  VP  of  Sales  had  not.        
  • 14. Sales and The Buyer: Why You Should Let the Buyer Design Your Sales Organization © TOPO 2013 TOPO We  help  our  clients  design  and  deliver   great  buying  experiences.  Why?  Because   companies  that  deliver  great  buying   experiences  grow  2X  faster  than  those   that  don’t.     www.topohq.com   blog.topohq.com   Contact  TOPO:   Craig  Rosenberg   650-­‐630-­‐3321   craig@topohq.com