KAM With Passion

MARCH 28, 2022

This post kicks-off a new section of the KAM With Passion blog dedicated to Complex Sales. The series of posts on Complex Sales is about the bottom of the pyramid. How complex is a complex sale situation? In the world of B2B sales, the term of complex sales is a well-accepted term but what does it mean exactly?

Procurement 130

Procurement Stakeholders CRM Government 130

Holden Advisors

OCTOBER 7, 2021

Talk to your internal experts in sales, product management, marketing, or marketing research, to understand how your customers use your product today. Always look for new ways that your customers might use your product or for other stakeholders that might benefit from your solutions. Step 5: Create sales tools.

Procurement 369

Procurement Manufacturing Negotiation Stakeholders 369

Brooks Group

APRIL 9, 2024

Lack of clear authority, conflicting priorities, and the logistics of keeping 7, 10, or 12 people in the loop make the B2B buying process an increasingly tough sale. But with the right skills and tactics, sales leaders can equip their teams to overcome challenges and win these deals.

Value Proposition 93

Value Proposition Procurement Decision-making Stakeholders 93

5600 Blue

MARCH 8, 2018

Over ten years ago, after having spent more than 20 years a salesperson, VP sales and sales consultant, we secured our first contract to provide negotiation training for the procurement arm of a major US airline. By Procurement Magazine Let the panic set in….clearly I felt like the proverbial fox in the hen house!

Procurement 52

Procurement Decision-making Negotiation Supply Chain 52

Revenue Storm

MARCH 14, 2023

In a complex B2B sales cycle, there is rarely one decision maker. Therefore, your opportunity should stand out as the best choice for all stakeholders involved. #2: 3: “The decision is going to be made on price.” – Unless you are in a totally transactional sale, this is rarely ever true. 2: “I am very interested.

Procurement 78

Procurement Value Proposition Decision-making B2B 78

Hubspot Sales

SEPTEMBER 14, 2023

In the past, sales managers often saw sales coaching as a means of correcting negative behaviors by providing real-time performance feedback. Unfortunately, this feedback often doesn't result in significant behavior change from the sales representative. Sales Feedback Benefits 1. Sales Coaching Benefits 1.

Procurement 108

Procurement Sales Construction Negotiation 108

Mike Kunkle

FEBRUARY 5, 2023

“As in other studies we’ve done, this year’s enablement study found that sales process and sales methodology adoption rates above 75% resulted in above-average gains for revenue plan attainment, quota attainment, and win rates, with a big boost at adoption rates greater than 90%.” increase in revenue plan attainment 17.1%

B2B 198

B2B Sales Decision-making Negotiation 198

Revegy

JANUARY 18, 2021

In a webinar with Nancy Nardin of Smart Selling Tools, and Mark Kopcha, CEO of Revegy, discussed the importance of relationship intelligence and the relationship map drive sales success. In particular, relationship intelligence is missing from sales force automation. How Does CRM Tackle the Relationship and What’s Missing?

CRM 119

CRM Procurement Stakeholders Facilitation 119

Hubspot Sales

APRIL 17, 2018

Ask any sales rep what the hardest part of their job is, and I’ll bet they’ll say “closing.” 17 Sales Closing Mistakes to Stop Making Right Now. At the end of the third meeting, you could ask them to connect you with procurement so you can start learning about their purchasing requirements. Closing only once.

Procurement 143

Procurement Decision-making Negotiation Sales 143

Hubspot Sales

DECEMBER 6, 2017

Employ these tactics now, and you might be able to enjoy New Years for the first time in your sales career. This forces negotiations to take place before stakeholders in Procurement and Legal are out of the office -- something your well-meaning prospect might not have considered. 2) Close for post-sale activity.

Procurement 132

Procurement Onboarding Stakeholders Finance 132

MTD Sales Training

DECEMBER 8, 2014

You’ll be well aware of the different levels of stakeholders in the companies you are dealing with. These are often in the procurement division and their sole purpose is to gain the best value for the company. MTD Sales Training | Sales Blog | Image courtesy of Dollarphotoclub. Economic Buyers . Happy Selling!

Stakeholders 48

Stakeholders Procurement Decision-making Sales Training 48

DemandFarm

AUGUST 31, 2023

Yes, sales, as we knew it, is history! Welcome to the digital age of sales! Because diving head-first into the digital sales ocean isn’t just about chasing the latest technology; it’s about genuinely understanding your customer. As Julie Lentz, Head of Industry Retail Sales, Google puts it: “ Selling is a science, and an art.

Digitalization 52

Digitalization Retail Sales Decision-making 52

Revenue Storm

SEPTEMBER 14, 2021

Too often, we are consumed by the constant flood of email responses, sales meetings, action items, chats, and texts. The initial negotiations were happening with procurement when we first became involved in the deal. This evolution of the deal included additional buying centers, supported by business stakeholders with whom we engaged.

Procurement 78

Procurement Negotiation Stakeholders Meetings 78

Account Manager Tips

JUNE 29, 2021

Create contact plans to keep in touch with key stakeholders in your company and your client's. Let's talk about the client lifecycle The sales cycle attracts qualified leads, engages and converts them to clients. The bad news is, according to a Rain Group study , an average of 28% of sales bids loses to competitors.

Suppliers 246

Suppliers Shareholders Stakeholders Decision-making 246

SBI

JULY 15, 2021

Sales Execution 101: Creating Account Visibility. The most critical factor in successful sales execution is having the right foundation. Your account team needs to have a common understand of an account or opportunity – the key stakeholders, their goals, and company objectives. Download The Ultimate Guide to Sales Execution.

Procurement 57

Procurement Account Planning Sales Stakeholders 57

Customer Think

DECEMBER 4, 2022

One way to make any department or stakeholder relevant is to convert it into a value center. This then converts service users into advocates of the company, increasing its sales, and thereby profits. I recently wrote about Customer Relevance. Value Centers are what were traditionally thought of as cost centers.

Suppliers 73

Suppliers Government Profitability Procurement 73

Miller Heiman Group

JULY 30, 2019

To succeed in modern manufacturing sales, sellers must identify each of these buying influences and tailor their messaging to address their specific needs and wants. This statistic is reflected in sellers’ performance, as the World-Class Sales Practices Report revealed only 56.9% Four Key Buying Influences in Manufacturing Sales.

Manufacturing 61

Manufacturing Supply Chain Procurement Decision-making 61

Hubspot Sales

MAY 30, 2019

We know that best-in-class sales organizations use a consultative sales process. A sales process is consultative when the stages and actions align with the customer’s buying experience and are defined in terms of the customer relationship. Consultative Sales Process. But what does that really look like?

Procurement 108

Procurement Negotiation Sales Leadership Sales 108

Hubspot Sales

AUGUST 14, 2023

Welcome to "The Pipeline" — a new weekly column from HubSpot, featuring actionable advice and insight from real sales leaders. In worst-case scenarios, you can lose the sale completely if the buyer’s concerns reach a level that you can’t overcome. An outreach email sets the tone for your entire sales process.

Negotiation 125

Negotiation Value Proposition Meetings Procurement 125

PandaDoc

NOVEMBER 25, 2022

Probably the most popular approach to complex B2B sales, solution selling has been around for decades. It is still being taught to many sales reps around the world, and there are compelling reasons to do so. Personalization has a strong effect on sales effectiveness. Ready to fortify your sales pipeline? Simplification.

Procurement 52

Procurement e-Learning Publishing Decision-making 52

Zendesk

AUGUST 24, 2021

Enterprise sales is like running a marathon. And just like a marathon results in big physical and mental gains, enterprise sales results in significant revenue and increased opportunities for your business. You shouldn’t jump into enterprise sales unprepared, either. You shouldn’t jump into enterprise sales unprepared, either.

Stakeholders 52

Stakeholders Sales CRM Procurement 52

Hubspot Sales

AUGUST 19, 2018

If you asked most people what activity they associated most with sales, I’d guess that many of them would respond the same way: Closing. For one thing, it’s the most visible part of the sales process -- all of us have been closed at one time or another, whether we’re buying a new vacuum cleaner or a new Learjet. What Is a Sales Closer?

Negotiation 128

Negotiation Procurement Stakeholders Decision-making 128

ProlifIQ

FEBRUARY 13, 2023

Defining a Sales Handoff The business model for many B2B Saas companies involves customer growth. Therefore, as a customer success manager, it is essential to train for successful customer onboardings and to work closely with the sales and customer support teams to ensure that customers have a positive experience from start to finish.

Account Planning 52

Account Planning Onboarding Sales Customer Success 52

Showpad

NOVEMBER 12, 2019

At this stage, ongoing Sales training and coaching is absolutely crucial to embrace new processes. Although Sales training plays a key role in capitalizing on servitization, our recent research revealed that in manufacturing, Sales training stops after induction for more than half (53%) of staff.

Manufacturing 56

Manufacturing Procurement Stakeholders Sales Training 56

Showpad

MARCH 5, 2021

Sales enablement is in the spotlight. More companies are embracing sales enablement strategies as a way to modernize, drive business or sales transformation and keep current with the customers and markets they serve. Sales enablement can be rocket fuel for revenue creation and skills development.

Internet 52

Internet Procurement Sales Onboarding 52

Hubspot Sales

NOVEMBER 27, 2017

Expect an extended sales cycle. To give you an idea, you may always reach out to the startup’s head of sales. Ask them for introductions to the other stakeholders; forging multiple relationships means you’re less vulnerable if one of your contacts finds a new job, loses influence, or decides to focus on different priorities.

Procurement 97

Procurement Decision-making Negotiation Value Proposition 97

Sales Management Matters

JULY 8, 2019

In this blog series, sales performance management (SPM) consulting firm OpenSymmetry explored key sales compensation plan design components and considerations for team-based incentivization. sales vs. finance), the conflict has always been: what is the right financial measure for sales performance – revenue or margin?

Profitability 69

Profitability Supply Chain Finance Sales 69

Brooks Group

MARCH 28, 2024

As buying processes grow more complex, it’s becoming increasingly important for sales professionals to gain access to senior executives and C-level decision makers. Learn How to Unleash Revenue Potential with Sales Team Training What Is a C-Level Decision Maker? Why is selling to the C-suite so critical? Build credibility.

Decision-making 70

Decision-making Logistics Supply Chain Suppliers 70

Showpad

OCTOBER 31, 2019

A productive Sales rep is a prepared Sales rep. However, all the legwork that must be completed to facilitate that productivity and effectiveness is a challenge that Sales organizations struggle with. . Enter Sales enablement — a strategy for providing your Sales reps with everything they need to succeed. .

Sales 53

Sales Client Relationships Procurement Decision-making 53

Showpad

NOVEMBER 20, 2019

There’s little doubt that sales at manufacturing companies are becoming more complex. As such, Sales teams are having to be trained on increasingly diverse portfolio sales including value-added services. Many Sales staff are constantly looking for new customers and learning about how they buy, but this is a challenge in itself.

Manufacturing 49

Manufacturing Procurement B2B Stakeholders 49

Hubspot Sales

APRIL 12, 2018

Ahh, the never-ending quest to create the perfect, predictable sales cycle. To figure it out would be like discovering the holy grail of sales. But -- as you know -- the insane number of variables and blockers in each sale makes it near impossible to fool-proof the system entirely. How to Speed Up Your Sales Cycle.

Sales 111

Sales Procurement Meetings Advertising 111

Account Manager Tips

JULY 9, 2020

For example don't say "meet with key stakeholders" when the job description has identified who those stakeholders are and you can say "meet with Product Management and Technical" instead. Develop relationships across functional areas such as Business, Operations, Procurement, Finance and IT. Meet: Stakeholder relationships.

Account Management 130

Account Management Management Key Account Management Stakeholders 130

Hubspot Sales

AUGUST 7, 2018

Win-loss review analysis is one of the most difficult parts of the sales process. If you won the deal, it's likely your sales team is at the bar tossing back a few drinks. Price issues are usually tied to a problem with communicating value, and the common “they just get us” objection points to a problem with your sales process.

Procurement 77

Procurement Decision-making Logistics Stakeholders 77

Miller Heiman Group

SEPTEMBER 10, 2019

Sellers in all industries win fewer than half of the deals they forecast to close, according to CSO Insights’ 2018-19 Sales Performance Report. The report also found that sales leaders consider their sellers to be less effective at the vast majority of common selling activities today than they were five years ago.

Manufacturing 50

Manufacturing Procurement Sales Training Stakeholders 50

Insightly

SEPTEMBER 28, 2023

Compared to traditional corporate functions — like sales, marketing, human resources, and finance — revenue operations is a relatively new field. Not long ago, revenue was considered the sole domain of the sales team. In this blog post, we’ll dig into the emerging field of revenue operations.

Finance 52

Finance CRM Customer Success Decision-making 52

Insightly

SEPTEMBER 28, 2023

Compared to traditional corporate functions — like sales, marketing, human resources, and finance — revenue operations is a relatively new field. Not long ago, revenue was considered the sole domain of the sales team. In this blog post, we’ll dig into the emerging field of revenue operations.

Finance 52

Finance CRM Customer Success Decision-making 52

SuperOffice

DECEMBER 21, 2021

CRM system is one of the most critical tools businesses can use to drive sales and improve customer service. Their competitors are seeing the impact of CRM on sales, production, and even operations. Personalized communication and simplified sales processes. CRM systems are built with sales and customer service in mind.

Construction 75

Construction Manufacturing CRM Supply Chain 75