Getting into the C-Suite: Shorter Sales Cycles
Click here to load reader
-
Upload
big-game-hunting -
Category
Sales
-
view
219 -
download
0
Transcript of Getting into the C-Suite: Shorter Sales Cycles
![Page 1: Getting into the C-Suite: Shorter Sales Cycles](https://reader038.fdocuments.in/reader038/viewer/2022100802/587026431a28ab81258b4737/html5/thumbnails/1.jpg)
Multiple points of entry + Referrals= Shorter sales cycle
Getting into the C-Suite
![Page 2: Getting into the C-Suite: Shorter Sales Cycles](https://reader038.fdocuments.in/reader038/viewer/2022100802/587026431a28ab81258b4737/html5/thumbnails/2.jpg)
1.Diversify risk: simultaneously contact all business units/budgets inside a brand
Facilitate consensus-building among all stakeholders
Manage indirect influence: users, subject matter experts, reporting departments, clients, infrastructure suppliers
2. Discussions by phone can be arranged more quickly than in-person meetings
3. Collapse lead times & facilitate multiple stakeholders simultaneously
Multiple contacts = shorter sales cycle
![Page 3: Getting into the C-Suite: Shorter Sales Cycles](https://reader038.fdocuments.in/reader038/viewer/2022100802/587026431a28ab81258b4737/html5/thumbnails/3.jpg)
1.Reach assistant: ASK: time in executive's calendar, send briefing document
(When sent by EA, executive will open your briefing doc)
2. Follow-up: restate request for appointment + resend briefing document
3. Forwarded/referred: identifies influencers around the issue you are raising
4. 7/10 contacts = referral
5. "Beyond-the-org. chart" influence around the issue your offering addresses
Combatting the "cold call"Enroll the "gatekeeper" & get your message into the executive's hands
![Page 4: Getting into the C-Suite: Shorter Sales Cycles](https://reader038.fdocuments.in/reader038/viewer/2022100802/587026431a28ab81258b4737/html5/thumbnails/4.jpg)
1.Pre-qualifies contact's view of business challenge by accepting meeting or making referral
2.Referral identifies Influencers around exec and/or investigation is already underway
3.Permission-based access to indirect influence around decision (user? subject matter expert? implementation support?)
4.Indicates where roadblocks may exist; exec gives access to influential stakeholders
5.Tracking document open/forwarded indicates stakeholders
Referral = Insight, NOT a brush-off
![Page 5: Getting into the C-Suite: Shorter Sales Cycles](https://reader038.fdocuments.in/reader038/viewer/2022100802/587026431a28ab81258b4737/html5/thumbnails/5.jpg)
BEFORE: Features & Benefits "Color printer in the school market: faster, longer life cartridges, ROI"
Sounded like their competitors, led to price-based purchase
Non-classroom influencers yielded insight : board, administration, parents shared a common need related to school rankings
AFTER "Colour images lead to higher student engagement, to higher GPA, to higher school rankings"
Move from features/benefits to higher order of need
Reframe benefits to "shared value"Repositioning colour printer: shared vision by education
stakeholders
![Page 6: Getting into the C-Suite: Shorter Sales Cycles](https://reader038.fdocuments.in/reader038/viewer/2022100802/587026431a28ab81258b4737/html5/thumbnails/6.jpg)
1.Briefing doc sent with invitation serves as discussion agenda2.Guides towards stakeholder value rather than product discussion3.Avoids one-way "talking brochure" dynamic during meeting4.High-gain, opinion-based questions identify mobilizers + identifies
other stakeholders
"When you read our materials, what caught your attention?" "What would you like to take away from our conversation today, perhaps related to projects you are working on?""Which other groups or departments would be impacted by our solution?""What might the reaction of.....(other stakeholders) be to our solution?"
Shared value guides business benefit
![Page 7: Getting into the C-Suite: Shorter Sales Cycles](https://reader038.fdocuments.in/reader038/viewer/2022100802/587026431a28ab81258b4737/html5/thumbnails/7.jpg)
SpeechScience : Social Capital: (Executive communication skills)
Hubspot : LinkedIn Prospecting (Social media monitoring)
NextStage: Reading Virtual Minds (IP, intention, online environment)
Beyond Features: Mobilizing ConsensusShared stakeholder view of biz challenge rather than features + benefits
![Page 8: Getting into the C-Suite: Shorter Sales Cycles](https://reader038.fdocuments.in/reader038/viewer/2022100802/587026431a28ab81258b4737/html5/thumbnails/8.jpg)
416 944 0534
Skype: catherinemcquaid
Let's talk...Catherine McQuaid's contact