Awkward Reality #580

Missing sales quotas? The key to successful B2B selling is preparation.

580-Missing Sales Quotas (1)

The research on B2B sales call preparation isn’t encouraging: 75% of B2B executive buyers say salespeople are not knowledgeable about their business… and don’t understand the issues they face. Unsurprisingly, only one in four salespeople get agreement from these buyers to meet again. With help from AI, B2B salespeople can now prepare quickly and thoroughly.

Download the white paper, Sales Call Preparation with AI

Awkward Reality #579

All B2B markets are not created equal. How well do you understand yours?

579-How-B2B

The term “B2B” is useful, because business customers can be so different than end-consumers. But it’s a blunt and imprecise term, and we can do better. Check out the “B2B Index” developed by The AIM Institute. The higher your market’s B2B Index, the greater you can engage customers… in both early-stage and late-stage marketing. (This is a free service.)

Calculate your B2B Index at www.b2bmarketview.com

Awkward Reality #578

A great customer interview is all about the customer. You should be fascinated by their world.

578-Fascinated-Businessman

Imagine a fellow on a date who just talks about himself for an hour. His only questions are, “What’s your income? What’s your educational level?” Then he closes with, “Will you marry me?” Does this sound like an old-fashioned “qualify-and-then-close” sales call? As with a good date, you should be genuinely interested in your customer and their needs.

Watch 5-min video, Reinventing VOC for B2B

Awkward Reality #577

Most CRM systems underwhelm due to 3 under-performing steps.

577-3 Steps to a Winning CRM

Your CRM will never reach its full potential until three steps perform well. AI can now help all three… often in unexpected ways. 1) Move needs from customers’ brains into your salesperson’s brain using expert probing. 2) Move these needs from the salesperson’s brain into your CRM. 3) Use advanced AI (now built into all CRMs) to mine your database to create market foresight.

Download the white paper, Transform Your CRM with AI

Awkward Reality #576

Just think of all the mistakes you can make developing new products.

576-Mistakes

You can miss an important customer need… pursue the wrong need… over-design and add unneeded costs… measure customer success the wrong way… overlook a competing alternative… over-estimate what customers will pay… under-value your product… use improper messaging. So many chances to err. Fortunately, B2B producers can use a “science” to avoid all of these. And this science delivers a truly outsized return on investment.

Watch 2-min video, How Blueprinting Drives Organic Growth

Awkward Reality #573

Does your company engage in BOTH types of VOC?

573-Everyday-VOC-Guide

You’re probably familiar with VOC for innovation. B2B suppliers use methods like New Product Blueprinting to understand market needs before developing their new products. The “other” type is Everyday VOC®. This acknowledges your company has thousands of customer interactions every year which shouldn’t be wasted. All your customer-facing staff—sales, marketing, technical service—use B2B-optimized probing to truly understand customer needs. Every day.

Download white paper, Everyday VOC

Awkward Reality #572

If you are innovating, your price should only be determined by the customer value you create

572-Price-and-Value

Many B2B suppliers consider competitive pricing as they plan new-product pricing. Or worse, cost-plus pricing. Both are irrelevant if you deliver real value to customers… not a “me-too” product. Competitive pricing just helps you judge initial customer reaction, and cost-plus just sets the pricing floor. Neither tells you what customers will pay. For that, you need customer-value pricing.

Watch 2-min video, Use Value Calculators to Establish Pricing.

Awkward Reality #571

What if your sales force was also a “learning force”?

571-Tell-Me-More

Most sales professionals are rewarded for one thing. Selling. This year. But if you want to sell a lot more in 2-3 years, better learn today what customers really want. Who better to do this than the people you’re paying to meet with customers daily? Perhaps future companies will unleash sales-and-learning pros… not just sales pros. Maybe it’s time to complement your “VOC for innovation” with “Everyday VOC.”

Learn about Everyday VOC® at Everyday VOC Training.

We found the hidden brake pedal slowing your growth…

Brake-pedal-banner-graphic

Do you know a business leader that doesn’t want to accelerate growth? Me neither. Sadly, they’re missing a hidden brake pedal silently working against them. This same pedal causes salespeople to miss quotas this year… and R&D to launch mediocre products in future years. Let’s remove that pedal. (Watch in 3-minute video.) What is this ... Read More