Key Takeaways from The Sales Development Playbook, part 1 and part 2

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THE SALES DEVELOPMENT PLAYBOOK PART 1 - STRATEGY PART 2 - SPECIALIZATION KEY TAKEAWAYS From:

Transcript of Key Takeaways from The Sales Development Playbook, part 1 and part 2

Page 1: Key Takeaways from The Sales Development Playbook, part 1 and part 2

THE

SALES DEVELOPMENT

PLAYBOOK PART 1 - STRATEGY

PART 2 - SPECIALIZATION

KEY TAKEAWAYS

From:

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PART 1

Strategy

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YOUR PROSPECTS #1 CONCERN:

how are you going to help

their business?

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2 SALES MODELS

1

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setting introductory

meetings

generating qualified

opportunities

2

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choose the right one

for your organization

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start with

introductory meetings

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opportunities come after you've nailed your ideal prospect and message

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CRITERIA FOR INTRODUCTORY

MEETINGS

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introductory meetings

immature markets

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introductory meetings

new business issues reps need to arouse

curiosity and set meetings

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introductory meetings

account executives

need more at-bats

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introductory meetings

"empty calendar syndrome”

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utilize introductory meetings for rapid learning with these

4 steps:

introductory meetings

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HYPOTHESIZE: which companies need

your solution?

develop baseline messaging and identify target prospects.

introductory meetings

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TEST schedule introductory

meetings

test your messaging before, during, and after the meetings

introductory meetings

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ITERATE iterate on both target profile and message

introductory meetings

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REPEAT learn more each time

introductory meetings

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QUALIFIED OPPORTUNITES

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a contact becomes

an opportunity when:

qualified opportunities

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qualified opportunities

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a problem has been identified

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a potential solution was introduced

qualified opportunities

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a prospect has committed to a next step

qualified opportunities

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pursue qualified opportunities using the PACT method

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PAIN need to be solving a

pressing business issue

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AUTHORITY find the people who

make organizations move

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CONSEQUENCE what are the

implications of

not acting?

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TARGET PROFILE don't waste time on opportunities with

too many red flags

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TIMING may be under contract

for another 2 years (in mature markets)

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FAST, MOBILE SALESFORCE ACCESS

WhereDatApp.com/salesforce

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THE RIGHT TIME TO BUILD AN IN HOUSE SALES

DEVELOPMENT TEAM

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when the following criteria has been met:

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ALIGNMENT everyone in leadership, sales and

marketing is ready to fully invest in order to make the team successful

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MARKET MESSAGE FIT you have enough knowledge about your market and messaging so that new reps can establish credibility

over the phone

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SKILL OF CLOSERS you can close deals

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decide if the team will sit within sales or marketing; it usually

falls somewhere between the two

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remember: reps have more conversations

with your prospect than anyone else in the organization

keep and analyze information from every interaction

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PART 2

Specialization

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INBOUND OR OUTBOUND?

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INBOUND prospects take

actions in response to

marketing

OUTBOUND prospects whom your reps target with proactive

outreach

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think ALLBOUND

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inbound + outbound = ALLBOUND

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most companies can’t source more than three-quarters of their pipeline

from inbound marketing.

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You may need to help fill

your pipeline with outbound techniques.

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target the most profitable accounts

with outbound activity.

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ICP - IDEAL CUSTOMER PROFILE

to gain clarity of your ICP use the ABCDs

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A-LIST

your dream clients They have a problem. You

have the solution.

don't usually come inbound; need outbound work

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BREAD & BUTTER

your sweet spot know 5 key traits these

prospects share

inbound usually works well, use outbound for the largest

of these accounts

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COMPELLING EVENTS prospects don’t need your

solution until they get a shock hit or miss for outbound efforts

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DEAD ENDS look like bread and butters and

probably want to work with you but

for some reason they can't or won't.

learn how to professionally disengage from these accounts.

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SPECIALIZE TO ACCELERATE

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break inbound SDRs* and outbound SDRs into separate roles

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*SDR = Sales Development Rep

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WHY SPECIALIZE?

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FOCUS easier to optimize

execution for a specialist than for a jack-of-all trades

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ATTITUDE AND APTITUDE

not every rep good in one area is good in another

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HUMAN NATURE reps in a blended role spend their

time where they’re most comfortable, usually focusing on

inbound leads rather than prospecting

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THE RESEARCH ROLE

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consider adding a

lead researcher role if you have the following:

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high prices

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a dedicated outbound SDR team

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your reps are juggling multiple tools to build

account and contact lists

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finding data separating the

a-list from dead ends takes lots of time

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reps are spending lots of time

finding relevant

research points

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reps need research to stand out

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2 primary reasons

to consider the lead researcher role

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ACCESS providing reps with the correct

titles, e-mails, and numbers they need for their calls

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separate the people making the call from the people

updating the data

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CONTEXT provide the reps with talking points

memos and attach them to accounts in SalesForce

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ENABLE YOUR FIELD REP AND DIRECTOR TO CALL

THE SAME FORECAST (NO EXCEL REQUIRED)

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