Archive for April, 2008

FRIDAY RANT - Make a Difference and Make Them Comfortable

Friday, April 25th, 2008

Several days ago, I had the opportunity to chat with one of Parodt’s junior sales professionals.  This individual expressed frustration that it was difficult to get from a live demonstration (Stage 3) of the application to the close (Stage 6).  Since I’ve got a couple of years in this game, I thought to give a little advice.  Even though we talked about several concepts, I found a blog post on Selling to Big Companies, entitled Top 5 Tips for New Sellers, that I’d like to add as part of the advice.

1.  Actively Listen to Ask the right questions

Don’t assume you know what matters to your clients.  After you’ve done your homework on the prospect, you’ll need to put all of your preconcieved notions to rest and…Ask Them…what causes them aggravation on a daily basis.  Most importantly, you’ll need to actively listen to ensure that you can find opportunities to match your benefits to small admissions by the client.  And - Don’t just launch headlong into benefits once the prospect gives you “the in,” rather ask more probing questions to ensure you understand the depths of their pain.

2.  (Per Selling to Big Companies) - Focus on making a difference.

“Nobody cares about your product, service or solution. That’s the hardest thing for sellers to realize. All they care about is the difference you can make for their organization.”

This is so key - Not Features…Benefits.  No one cares that your organization’s Salad Shooter “Slices, Dices and Makes Salads”.  You may have to explain that once you’ve had the opportunity to demonstrate the product, however you can’t focus on these, since they are features. What prospects care about is Benefits such as “after a hard day at the office, it will allow you to quickly and easily make a healthy dinner for your family”.  If you asked the right questions, and have a thorough understanding of the prospect, you’ll know their pain points, hot buttons, and what benefits will be most valuable to this particular client.

3.  Ease Their Mind by Removing Risk

At the end of the sales cycle, you’ll need to reassure the customer that they are making the right decision and that there is no risk to them.  Think about it - You’re probably a little jaded by having purchased something and then having buyers remorse a short time later.  Remember that feeling - That’s what prospect’s are trying to avoid.

If you’ll take the time to listen, understand their needs, match your benefits to their needs, and then assure them that you’re their partner in this initiative, you’ll see your close rate shoot up.

Free - You Can’t Get it Any Cheaper

Monday, April 21st, 2008

Like the faithful salespeople at your organization, I was working a few evenings ago, when I integrated the Google Apps into Pardot’s Salesforce.com instance.  These free tools are pretty cool add ons to SFDC.  After I integrated Google Docs, and Gmail, I started thinking…what other cool things are available for my CRM?

For you CRM administrators, take the time to look at the native eco-systems available for your Salesforce Automation Tool. 

Salesforce.com  AppExchange- http://www.salesforce.com/appexchange/

Tons of free tools, dashboards, and interesting widgets such as the Google Apps.  There are a couple of Dashboards that are awesome.  Most of the apps can be tested within your instance of Salesforce, enabling you to Try it before you Buy it.

NOTE - Salesforce enables AppExchange partners to integrate (for free) with their Professional Tier of service, which opens these solutions to many more customers (e.g., API Access is required to integrate third party applications - This is normally included only with their Enterprise tier of service)

NetSuite SuiteFlex- http://www.netsuite.com/portal/partners/applications.shtml

Not as many tools as Salesforce, however NetSuite does a great job of categorizing these applications to fit your organization’s needs / pain points.  Based upon the names I see out there, there are some very widely distributed packages (LivePerson, Epiphany and Five9) which are noted to be quite powerful. 

SugarCRM SugarExchange - http://www.sugarexchange.com/

Tools for the Open Source community.  If you haven’t heard of this powerful Open Source CRM system, check it out.  It’s powerful (full disclosure - I love SugarCRM), and has a growing eco-system of tools that extend the power of this terrific application.