The future of sales: The best buyer - B2B...

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The future of sales: The best buyer experience wins Louis Jonckheere Co-Founder & Chief Product officer

Transcript of The future of sales: The best buyer - B2B...

Page 1: The future of sales: The best buyer - B2B Marketingmrkto.b2bmarketing.net/rs/085-VAB-435/images/11.30am... · 2020-06-05 · The future of sales: The best buyer experience wins Louis

The future of sales: The best buyer experience wins

Louis JonckheereCo-Founder & Chief Product officer

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The Sales and Marketing Success Platform

Bridging the gap between sales and marketing. Enabling sellers to deliver a better buying experience

MARKETINGSALES

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Improve marketing impact in the sales channel and increase sales productivity

BUYER

Marketing effectiveness

Salesexcellence

Analytics Insights

MARKETING SALES

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Welcome to the experience age

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Companies stage experiences whenever they engage customers in a personal, memorable way

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89% of consumers make buying decisions based on experience, ahead of price and product

6 years ago that number was 12%Source: Forrester 2017

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Convenience

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Exceptional value

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Winners of today, and tomorrow

For reference: this is slide 18

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90% of B2B companies expect customer experience to be the next battleground

Gartner 2017

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Meet the traditional salesperson

70% of buyers don’t feel a sales rep adds value*Accenture, 2017

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Meet the traditional salesperson

Bad experience!

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B2B marketing & sales has evolved

MAD MEN ERA1960-2000

Generate brand Raise awareness

Success: commercial views & billboard

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B2B marketing & sales has evolved

MAD MEN ERA1960-2000

LEAD-GEN ERA2001-2016

Generate brand Raise awareness

Success: commercial views & billboard

Generate leadsSuccess: lead volume/quality caused Sales &

Marketing divide

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B2B marketing & sales has evolved

MAD MEN ERA1960-2000

LEAD-GEN ERA2001-2016

EXPERIENCE ERA 2017-…

Generate brand Raise awareness

Success: commercial views & billboard

Generate leadsSuccess: lead volume/quality caused Sales &

Marketing divide

Generate growthSuccess: Growth % + LTVBrings Sales & Marketing

back together

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It is not about how you want to sell

Empowering sales and marketing to sell the way buyers want to buy.

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CustomerValue

Customer centricity

CustomerExperience

Customer Centricity

CustomerLifecycle

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Convenience is the new loyalty

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Do you still need salespeople?

Com

plex

ity o

f offe

ring

Complexity of decision makingSimple Complex

Complex

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Let’s start with the order takers

Com

plex

ity o

f offe

ring

Complexity of decision makingSimple Complex

Complex

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Order takers will be replaced by automation

Com

plex

ity o

f offe

ring

Complexity of decision makingSimple Complex

Complex

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Because it’s more convenient to talk with a chatbot

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The death of the traditional salesman

Com

plex

ity o

f offe

ring

Complexity of decision makingSimple Complex

Complex

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Long live the Salesman!

Explainers Consultants

Navigators

Com

plex

ity o

f offe

ring

Complexity of decision makingSimple Complex

Complex

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The death of the traditional salesman

Explainers Consultants

Navigators

Com

plex

ity o

f offe

ring

Complexity of decision makingSimple Complex

Complex

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Sales reps are not successful anymore

For reference: this is slide 18

Delivering a better B2B experience

20172016 20182010 2011 2012 2013 2014 2015 2019

% o

f re

ps

ach

ievi

ng

qu

ota

#1 Inability to articulate value#1 Poor value communications71% reps don’t have the knowledge

58.1%63.0%

58.2%

54.6%

$43.9B$23.9B in CRM

$20B in Sales Training

50.8%

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What makes a B2B buying experience great?

For reference: this is slide 18

Delivering a better B2B experience

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Having sales reps that are smart and informed(71% of sales does not have enough knowledge to convince a buyer) -> Replace by CEB quote

Sales reps that can engage conveniently with the modern buyer(Add CEB quote)

What makes a B2B buying experience great?

Delivering a better B2B experience

Sales

Having smart, informed sales reps

70% of the sales reps don’t add value in the sales process

Accenture, 2017

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What makes a B2B buying experience great?

For reference: this is slide 18

Delivering a better B2B experience

BuyersSales

Having smart, informed sales reps

70% of the sales reps don’t add value in the sales process

Accenture, 2017

Capable of engaging with the modern buyer

79% of buyers are overwhelmed by the

buying process CEB, 2016

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It’s all about the conversation

• Standard conversation• Feature-driven• Product • Price• Rep-focused

• Personalized conversation• Value-driven• Insights• Consultative• Buyer-focused

The old sales conversation The new sales conversation

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4 pillars that will change sales forever

Sales & Marketing content

Sales Communications Data intelligence

Artificial intelligence

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Artificial intelligence to augment the sales rep

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Content

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29%Of the Marketing budget

goes to content creations

70%of content is never used

Nobody uses marketing content

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This is why..

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Organize your content around sales conversations

● Organize and distribute content based on sales conversations

● Implement personas, product types, solutions, languages ...

● Allow marketing to stay in control

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And go beyond the powerpointHow 99% of sellers engage with the buyer today: PPT

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Why does PPT s*ck for sales conversations?

It only serves as a crutch If you give PowerPoints to your sales teams, they will read slides – and not learn the pitch. They will talk at the customers, not converse with them.

It is linear The customer does not think like you. And did we mention the buying team?

It sets an agendaIn today’s sales meetings, do we really follow agendas?

Too easy to customize Can destroy your narrative / message

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Deliver guided selling solutions for your reps

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Deliver content in smart visual selling experiences

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And let the content find the sales rep

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Sales Engagement

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Field sales - Augmented realityDelivering presentations

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Field sales/service - Augmented reality

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Field sales/service - Augmented reality

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Inside sales - Live Transcription & recommendations

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Data intelligence

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Understand how content is used by sales

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Understand what reps are saying

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Understand how customers are engaging

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Connecting all the dots will lead to..

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Artificial intelligence

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What does a sales rep do?

Selling time

Management

Meetings

Research

Other

Source: Accenture

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Automation for increased productivity

Selling time

Management

Meetings

Research

Other

Source: Accenture

What Machines will take over

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Focusing on the right leads: Conversica

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Automated scheduling: X.ai

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Increase the effectiveness of your selling time

Selling time

Management

Meetings

Research

Other

Source: Accenture

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Understanding your conversation partner: Cogito

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Knowledge / content recommendations - Showpad

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And what about the Sales rep?THE HUMAN INTERFACE

EMOTION

Empathy Creativity

Passion

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Empathy

Computers personalize,

humans make it personal.

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Passion

Computers deliver,

humans over-deliver.

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Creativity

Computers predict,

humans surprise.

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Thanks!

Louis JonckheereCo-Founder & Chief Product officer