Challenger™ Demand Generation Role Guide

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Inside New to the Challenger™ Model? Here It Is, in a Nutshell • 1 What a Demand Generation Manager Under the Challenger Model Looks Like • 2 What Should I Do Differently? • 3 Key Takeaway • 16 In 10 minutes or less—time’s-a-tickin’ “I’m a Demand Generation Manager in a Challenger™ Organization. What Do I Do Differently?” Share This with Your Network: On Twitter On LinkedIn More Resources • 17 Available Challenger Role Guides • 20

Transcript of Challenger™ Demand Generation Role Guide

The business enterprise has two—and only two—basic functions: marketing and

innovation. Marketing and innovation produce results; all the rest are costs.

Marketing is the distinguishing, unique function of the business.”

Peter Drucker

1© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

When crafted well, Commercial Insights lead customers to value— and pay for the incremental performance you provide.

57%of the way through the purchase decision before they meaningfully engage supplier sales reps.

That means you get commoditized.

Customers know about the incremental performance your solutions provide, but they aren’t willing to pay you for that performance.

What are they doing in that 57%?

They are learning—about their problem, potential solutions, and your offering.

Customers are1

2

4 3

1

42

3

Winning suppliers (Challenger™ commercial teams) teach customers something new that reframes how customers think about their own business—and leads uniquely back to you. We call these reframing ideas Commercial Insights.

New to the Challenger™ Model? Here It Is, in a Nutshell

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What a Demand Generation Manager Under the Challenger™ Model Looks Like

P2Preframe

value propositions

Commercial Insightdisruption consumption

framebreaking demand

Commercial Insightlead to, not with works

expert

mobilizerdemandfinancialservices

developmentsolution

planbreak down the “A”mind of customer

© 2015 CEB. All rights reserved. 2Key Takeaway The Nitty GrittyHome What Should I Do Differently?

What Should I Do Differently?

3. Optimize, Not for Engagement, but for “Consumption

of Disruption”

1. Not Business

to Person, but Person to Person

2. Break Down the

“A” Before You Build Up

the “B”

4© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Do Differently #1

Are charged with understanding customers at a human level. Businesses don’t buy solutions—people do; this is

B2P marketing.

Accordingly, businesses design demand generation

programs that target personas with a blend of thought

leadership content and personalized messages.

Today, most demand generation managers

The goal is to forge stronger connections between individual people withing customer organizations and you as a leading supplier.

Not Business to Person (B2P), but Person to Person (P2P)

Do Differently #1

Customer buying groups are larger and more diverse

than ever before, people don’t buy solutions, groups of people do. The single largest challenge in B2B selling

today isn’t your sales force’s inability to sell, but rather

your customer’s inability to buy.

Diverse buying groups are dysfunctional.

But because

And that dysfunction happens on your watch,

at 37% of the way through the purchase. That’s long before sales reps get involved much

in the purchase.

5© 2015 CEB. All rights reserved.

Not B2P, but P2P

Key Takeaway The Nitty GrittyHome What Should I Do Differently?

6© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

We call these Challenger™ customers “Mobilizers.”

Do Differently #1

Focus on better connecting the buying group’s diverse

stakeholders not to you as a supplier but to one another—

person to person.

P2P requires help on the inside—an individual who

can challenge the rest of the buying group to think differently and come together in consensus.

Demand generation managers should instead

6

Not B2P, but P2P

7© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Do Differently #1

Make the Mobilizer your muse. Study how they think

and what motivates them. Understand how they engage

their colleagues in the buying group.

Use Commercial Insight–based content and tools to help

them drive consensus early in the purchase journey—

before your sales reps are invited in.

Mobilizers aren’t who you think, and they don’t eagerly consume your typical thought leadership content.

7© 2015 CEB. All rights reserved.

Not B2P, but P2P

Key Takeaway The Nitty GrittyHome What Should I Do Differently?

What Should I Do Differently?

3. Optimize, Not for Engagement, but for “Consumption

of Disruption”

1. Not Business

to Person, but Person to Person

2. Break Down the

“A” Before You Build Up

the “B”

Do Differently #2

Orient their content and demand generation

programs toward “building up the “B” state—or...

Today, most demand generation managers

Break Down the “A” Before You Build Up the “B”

9© 2015 CEB. All rights reserved.

...how great life looks for your customers if they adopt your solution or

product.

Key Takeaway The Nitty GrittyHome What Should I Do Differently?

© 2015 CEB. All rights reserved. 10Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Do Differently #2

What you are ultimately selling is change—and that’s the one thing customers don’t want to do—you have to

spend much more energy breaking down the customer’s

status quo (“A” state).

Without doing that, customers will engage with your

content, talk to your sales reps, and nod along. But

ultimately, they won’t take the hard actions required to

drive consensus...

But because

Break Down the “A” Before You Build Up the “B”

10© 2015 CEB. All rights reserved.

In their organization around the problem, solution, and you—as the supplier—who can best provide that solution. It’s just too hard to drive change.

Key Takeaway The Nitty GrittyHome What Should I Do Differently?

11© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Do Differently #2

Break down the A before building up the B.

You have to explicitly show customers, in their terms,

that the pain of same is greater than the pain of change.

They have to see that they are missing something in how

they think of their business that is costing them way

more money or introducing far more risk than they ever

imagined.

You do that with Commercial Insight.

Demand generation managers should instead

Bring that Commercial Insight to life for your customers, in their terms, through your content and demand generation programs.

Break Down the “A” Before You Build Up the “B”

Pain of Change

Pain of Same

What Should I Do Differently?

3. Optimize, Not for Engagement, but for “Consumption

of Disruption”

1. Not Business

to Person, but Person to Person

2. Break Down the

“A” Before You Build Up

the “B”

13© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Do Differently #3

Optimize their demand funnel based on engagement.”

Standard practice dictates that quantity of content

consumed (plus buyer fit) indicates sales readiness;

therefore, suppliers create content that speaks to

customers’ known pain points.

Today, most demand generation managers

Optimize, Not for Engagement, but for “Consumption of Disruption”

That’s what customers ask for, so give it to them. If they ask for it, they’ll engage with it.

Key Takeaway The Nitty GrittyHome What Should I Do Differently?

14© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Do Differently #3

Customers can’t know, by definition, about the

hidden costs or risks in how they currently run their

business, and they won’t ask about it. Thus, you’ll

never have a chance to disrupt the way they think

about their own business.

They’ll go on their merry way, learning on their own in the 57% pre-sales stage. They’ll engage with

your content, you’ll pass them to sales, and they’ll

subject you to RFP-based competition that comes

down to price.

But because

Optimize, Not for Engagement, but for “Consumption of Disruption”

You’re creating demand. But it’s the worst kind of demand, because it leads

to commoditization.

Key Takeaway The Nitty GrittyHome What Should I Do Differently?

15© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Do Differently #3

Optimize, Not for Engagement, but for “Consumption of Disruption”

Create content and demand generation programs

based on to Commercial Insight—content that disrupts how customers think of themselves in a way that leads uniquely back to you.

You’ll have to spark their interest, because they aren’t

asking for this. You’ll have to introduce the disruptive

idea. And then you’ll have to confront them with it, in

their own terms. Spark, introduce, and confront. That’s

SIC content. Customers who follow SIC content paths

are sales ready.

Demand generation managers should instead

You’ve just optimized to Consumption of Disruption. And your Challenger™ sales force will love you for it.

16© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

If you only take one thing away from this presentation, let it be this.

The average B2B customer is 57% of the way through the purchase

decision before they meaningfully engage sales reps. In that

time, they are learning about their problem, what constitutes

the solution, and suppliers who can offer that solution.

If that learning does not get disrupted, it inevitably means price-

based competition—and commoditization—for you.

You are in the best position—with your left-brain chops and

right-brain savvy...

Key Takeaway

As a demand generation manager, you are the guardian of disruption in the 57%.

To construct content pathways that disrupt customers’ thinking and nurture them out of the 57% into your (and only your) loving embrace.

16Key Takeaway The Nitty GrittyHome What Should I Do Differently?

More Resources

1. Top Resources for

Demand Generation Managers Learning

the Challenger™ Model

2. Learn More

About Challenger Marketing

18© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Get Started: Top Resources for Demand Generation Managers Learning the Challenger™ Model

1. Watch the Challenger™ Marketing video on the next page.

2. Listen to the “Introducing Challenger Marketing” webinar.1

3. Attend an Introduction to Challenger Messaging workshop.1

4. Tap into the resources available in the “Develop Commercial Insight” portion

of our online resource center for Challenger Marketing. 1

5. Partner with us to develop Commercial Insights for your business and certify staff

to apply the Challenger Messaging Methodology.

1 Resources and registration available to CEB Marketing Leadership Council member organizations via the member website for large enterprises or middle market organizations.

19© 2015 CEB. All rights reserved. Key Takeaway The Nitty GrittyHome What Should I Do Differently?

Learn More About Challenger™ Marketing

Click here to play video.

Click on an image above to get the short version of the role guide on SlideShare. Marketing

Leadership Council members can get the full role guide through the member website for large

enterprises or middle market companies.

Available Challenger™ Role Guides

CEB is a best practice insight and technology company. In partnership with leading organizations around the globe, we develop innovative solutions to drive corporate performance. CEB equips leaders at more than 10,000 companies with the intelligence to effectively manage talent, customers, and operations. CEB is a trusted partner to 90% of the Fortune 500, nearly 75% of the Dow Jones Asian Titans, and more than 85% of the FTSE 100. More at cebglobal.com.

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