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Why Change Selling Blog

 

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Mark Gibson


Recent posts by Mark Gibson

2 min read

SaaS Selling Skill - Reversing the Security Question

By Mark Gibson on Mon, Nov 09, 2009

If you are selling, marketing or supporting SaaS solutions, the number one buyer concern and a question that will come up in every conversation is "how do you handle security?"

Nothing short of excellence is required in handling this question - but before you can answer it, you need to reverse it to figure out where the buyer is coming from.

Buyers often ask surface-structure questions, which conceal their underlying concerns either consciously or unconsciously and if we don't reverse them, they often reappear later in the sale as objections. The following Flash illustration is excerpted from the Advanced Marketing Concepts, Selling in the Internet Age eLearning course and may take a few seconds to load. 


Reversing is a linguistic concept and one of the most important concepts for sales, marketing and customer-facing support people to master. Anyone familiar with the Sandler selling method will be very familiar with reversing.
Reversing enables us to understand the buyer's context or underlying reason for their question prior to giving an answer by simply answering their question with a question.

We are trained in school and by our parents to answer whatever question we are asked to the best of our ability, unfortunately in sales and in customer-facing support roles, this can create many difficulties, unless we understand the context of the buyer’s question.

In customer-facing roles, whether in sales, marketing or technical support, the most important question you will ever ask is the one you ask to reverse a prospects question...same applies for managers and executives.

Marketers and sellers on Webinars please take note: Reversing is critical when handling Q&A in front of an audience or in a live Webinar…we have all witnessed sales, marketing and technical people digging holes for themselves in front of large groups by answering what they thought was the buyers question; - only to get completely sidetracked and potentially irritating the buyer, certainly wasting valuable audience time.

Reversing is a Salescraft skill and like most valuable sales skills it takes deliberate practice to master. We need to get into the habit of reversing around the office and with our loved ones until it becomes ingrained.

There is probably no other language technique that will provide such a dividend as reversing. Simple to learn, but needs practice - please take the time and effort to master this discipline.

Click me

Topics: Saas communication
5 min read

Sales Talent is Overrated—Practice is key to Sales Performance

By Mark Gibson on Fri, Oct 30, 2009

Want to be great at golf or in sales? Anyone can be great at golf, provided they are physically able and prepared to put in the hours of disciplined, deliberate practice and get regular feedback from a professional coach.

Want to be outstanding in sales? - same rules apply; anyone can be truly great in sales - if that’s what they really want. Maybe you don’t aspire to be a truly great golfer or become an outstanding salesperson, you just want to get better - so you can have more fun playing golf or improve sales performance. Then this post is for you.

Tiger Woods is an elite athlete. If he remains healthy and unimpeded by injury, he may become the greatest golfer the World has ever known and his records (and those he has yet to set) will likely never be beaten. Why, what sets Tiger apart, how can I make such an emphatic statement? April 16. 2010. (Since this article was published, the Tiger Woods sex scandal became public knowledge. It is not clear at this stage that he will regain the confidence that fuelled his earlier success, or ever if he will ever win another major.) August 13th. 2012, The pundits are shutting the door on Tiger Woods after the Rory McIlroy win at the US PGA CHampionshipo at Kiawah Island yesterday, but Tiger has plenty of time and events in front of him to overcome his current lack of confidence.

His father Earl Woods introduced Tiger to golf at the tender age of 18 months. By the time Tiger won his first his first US Amateur Championship at age 18, he had built a foundation of fifteen years of deliberate practice and had been competing at top levels of junior golf for the prior ten years. What sets elite athletes in any sport, elite musicians, top surgeons, pilots, ballet dancers, investors, chess players, sales-people apart from the rest? Were they born with some innate gift?

The 10,000 hour rule

The evidence suggests this is not the case and many researchers in the field of great performance, the most prominent of whom is Anders Ericsson, Professor of Psychology at Florida State University have proven that truly great performance is a combination of years of deliberate practice, plus intrinsic drive and passion for their chosen field. Leading scientists all agree on the ten-year rule; no one gets to the top of their profession without ten years (or 10,000 hours) of sustained and deliberate practice.

The problem for Tiger's peers is that they will never catch-up on the practice, unless of course Tiger stops practicing but continues playing - and that is highly unlikely. Selling, like golf is a skill or craft, except you don’t need any special equipment and you don’t need to go to a golf course or practice range to do it; but you do need to deliberately practice the skills and get feedback from professional coaches and skilled managers in order to improve.

Deliberate Practice

Deliberate practice isn’t what most of us do when we practice. When we practice golf, most of us go to the range and hit balls, chip shots and maybe putt for a while and we’re done.  Deliberate practice according to Anders Ericsson and other researchers isn’t work and it isn’t play. “Deliberate practice activity is specifically designed to
•    Improve performance, (often with a teachers help)
•    It can be repeated a lot, (high repetition is essential)
•    Feedback on results is continuously available,
•    It’s highly demanding mentally and it isn’t much fun”.

According to Noel Tishy Professor of Management & Organizations at the Ross School of Business at the University of Michigan, former head of GE’s famed Crotonville Management School, only by choosing to practice activities in the learning zone can progress be made.
Identifying and continually seeking those unsatisfactory elements and striving to improve them is what makes practice deliberate. Tichy illustrates the point in the diagram, where improvement only occurs when people practice outside their comfort zone.

Hard Work Alone Wont Do it

Years of hard work alone will not improve anyone’s performance at anything. Without deliberate practice outside a person's comfort zone and without the help and feedback from a coach, no improvement in performance is likely, regardless of the discipline. This explains why so many salespeople (and golfers) do not progress past a certain level of performance...they don't like operating outside their comfort zone, yet this is where performance imrovement opportunity lies.
Having recently led a series of classroom sales training courses where salespeople were required to perform multiple video-taped and critiqued role-plays I can offer some insights into what skills a salesperson should practice. Let me repeat, the journey to excellence is painful and at times wearisome, which is why excellence is only achieved by the few. Of the 50 salespeople in the role-plays, only one performed an exceptional call. Role-playing isn't something salepeople like to do, in fact there is usually a great deal of resistance to it. Why? - because the close examination of performance and skill under their managers and peers critical eyes is way outside most salespeople's comfort zone.

Communication, language skills & Coaching are  key

The skills that matter in sales are not managing the CRM system or creating account plans or reciting product features and benefits; they are communication, language, listening, rapport, empathy and interpersonal skills which are undeprinned by an understanding of the psychology of human behaviour. Read my post on Soft-skills - Hard Currency for Sales Professionals
These skills require regular practice and daily use with feedback until they are mastered and it will take years until they are all fully integrated into a salepersons make-up. Classroom training sessions are not an effective preparation for success in sales, unless they are part of a structured curriculum underpinned by a learning methodologywhich includes;
  • Performance Support to master the theory elements of interpersonal psychology, communication and language,
  • Honest feedback on actual performance in face-face or telephone selling situations from coaches and field sales managers,
  • Regular role-playing in the branch with peers, sales managers and expert coaches,
  • Self assessment after every call as to what went well and what could have been improved,
  •  Regular performance assessment from managers, certification and advancement.
Topics: sales training book review
4 min read

Create Differentiated Value with Inbound Marketing

By Mark Gibson on Wed, Oct 21, 2009

Introducing new high technology and green technology products or services or getting an acquired company’ products sold through an existing sales team is a challenge for entrepreneurs in early stage companies and sales and marketing leaders in more mature companies.  

We have had both as clients, however I’m always astonished to see smart people doing really dumb things with their own and their investor’s money. There are a few telltale signs of a struggle going on inside an organisation. This is a struggle to find new prospects and to improve sales and marketing performance, accompanied by lots of hand-wringing and pointing blaming fingers at each other.
 
The first clue that there are problems is the corporate Web-site. The company’s Website, which is without a doubt the company’s most valuable asset (after its people), very often looks like it has been written by the product management team.  Often densely packed, with no white space; or sparse with nothing to engage the accidental visitor other than “product-speak”= meaningless features and benefits and gobbledygook. Pay-per-click is used to generate inbound leads and is fast burning investors cash.

The second clue, is that the sales team is tasked with making cold-calls to generate their own leads; and the company is wasting money on external telesales teams to generate appointments that hardly ever convert. We are marketing and selling in the Internet age and in 2009, buyers don’t want cold calls and junk email from suppliers to introduce them to their latest widget….yet strangely we see telemarketing companies thriving and a die-hard group of cold calling sales trainers and promoters who are championing an obsolete way of doing business.

I believe that in all high-tech and green-tech companies, sales and marketing should be united and aligned under one leader. A sale starts with an inbound visitor and it’s the role of marketers to generate inbound visitors that convert into leads. Sales and marketing teams need a universal way of defining leads and engaging prospects around their buyer-persona; one language from the Website to the sales person's lips that engages buyers around how their products or services are used by their customers to create value; the messaging reinforced by high value video testimonials, keyword rich blogs, case studies, Webinars and sector relevant white papers and E-books that pull in prospects.

Topics: inbound marketing differentiation value creation
3 min read

Inbound Marketing - A Book Review

By Mark Gibson on Mon, Oct 19, 2009


As Hubspot customers, Hubspot partners and fellow travelers on the inbound marketing journey for 10 months now, we heartily recommend "Inbound Marketing", by Dharmesh Shah and Brian Halligan, as this book represents a very readable and do-able playbook for implementing inbound marketing methodology.

Packed with concise guidance, case studies, and practical to-do’s that you can implement today, this book is really a text-book on the subject and is one of the most important books for Internet era marketers published to date.

Topics: inbound marketing hubspot book review
3 min read

Are Marketing People Needed in Selling SaaS Solutions?

By Mark Gibson on Wed, Oct 14, 2009

This is the second part of an article Are Sales People needed in Selling SaaS solutions written in response to conversations with three entrepreneurs who have created, or are creating SaaS solutions to serve very specific needs for a well-defined market opportunity. In conversation it emerged that none of them were planning on having any sales people in their business.

Topics: inbound marketing Saas
4 min read

Are Salespeople Needed in Selling SaaS Solutions?

By Mark Gibson on Tue, Oct 13, 2009

In the past couple of weeks I have spoken to three entrepreneurs who have created, or are creating SaaS solutions to serve very specific needs for a well-defined market opportunity. In conversation it emerged that none of them were planning on having any sales people in their business.

The thinking here is that since the products are so strong and the market need exists, by offering a free trial, the prospect will learn to use and love the product and convert into a customer; all without needing a human touch. Who needs sales people anyway?

This approach is similar to the "Field of Dreams" (if you build it, they will come) strategy; popular with entrepreneurs who are long on product engineering skills but underestimate the importance of marketing and selling in the lifecycle of successful products. This attitude has led to the premature death of many killer-products.

Now let me say here that I would not advocate putting a salesperson in the way of a buyer who was motivated to buy and did not require interaction with a salesperson. Dell recognized this desire early on and enabled people to self-serve PC’s and Laptops nearly ten years ago and cut billions out of their cost of sale. Dell had a couple of things going for it that early stage SaaS companies don’t; - brand equity and market dominance in a mature buying category.

Killer-products, and especially software products don’t sell themselves unless they fulfill the following criteria
  • A mature, clearly defined buying category exists,
  • Market demand exists for the products/services,
  • Acquisition is as simple as buying a book on Amazon,
  • Implementing the products is seen as risk-free and the vendor is trusted,
  • The products are easy to use, learn and deploy,
  • The buyer knows what they want and it's really a matter of what color and how many.
  • The market price is established and the vendor offerings are within an acceptable range.
Topics: inbound marketing Saas value creation
4 min read

Soft Skills - Hard Currency for Sales Professionals

By Mark Gibson on Mon, Sep 28, 2009

I was explaining our sales training approach (which is based on improving communication, language and inter-personal skills and applying these skills in selling situations) to a corporate sales training professional recently, who made a comment to which I took exception.

He said, “Yes, well of course that’s soft skills training, and we are not planning on doing any of that. We offer it for our management team, but our sales training is focused on product training, overcoming objections, negotiating and closing the sale and we are currently implementing the TAS methodology and training.” The implication here is that soft skills are touchy-feely and somehow optional or nice to have, or something that sales people are born with....not the hard skills sales people to need to crunch deals and close hard. Needless to say it was a short meeting.

According to Wikipedia: Soft skills is a sociological term relating to a person's "EQ" (Emotional Intelligence Quotient), the cluster of personality traits, social graces, communication, language, personal habits, friendliness, and optimism that characterize relationships with other people.
I continued to consider what the training buyer had said, because it called into question our recent experience and the sales performance improvement methodology we had developed.  I began to analyze the selling process and dissect its elements and offer the following insights.

Selling is a craft or skill that can be entered as a profession at a minimum by anyone with the ability to use a telephone. The craft of selling is innate in some individuals with highly developed interpersonal skills and intellect, - these people (about 5%-10% of the sales population) are known as naturals. For the rest of us, selling is a skill that is learned both by doing it and through training, - and with practice and coaching it can be mastered.

The B2B selling profession is underpinned by process (this resembles a science) where every move and transition in the selling cycle is captured and as such can be analyzed and optimized. Selling methodologies and CRM however will not help salespeople engage buyers, diagnose needs and qualify if capabilities are relevant, which to my mind are the highest order elements in the whole sales cycle.

Topics: sales performance differentiation soft skills
7 min read

Recruiting SaaS B2B Sales Channels and Getting Sell-through

By Mark Gibson on Wed, Sep 09, 2009

I responded to a comment on LinkedIn last week on the topic "Marketing and Selling SaaS is hard!!!" on the difficulty in recruiting B2B sales channel partners and getting them to sell-through and I thought  I’d expand on the subject with the help of my former colleague Bob Langer . Here is the original article Marketing and Selling SaaS is hard

This is a hot topic - not only for the new cohort of SaaS solutions providers, but for every entrepreneur with visions of channel sales success as well as medium sized companies wanting to sell innovative products through an indirect model.

Why Channel Sales?

The fundamental question is - why do you want to sell through channels?
Let’s assume you have some really strong business reasons for wanting to sell through the channel and everyone in your company, including the investors, is on board with the idea.
Before proceeding, please ask yourself the following four questions.
  1. Is your direct sales process fully optimized, to the point that you have identified your own best practices and everyone on the direct sales team sells the same way?
  2. Are you generating more inbound leads than you can handle meaning sales people spend all of their time speaking to interested prospects (inbound leads) who find you on the Internet -and are not cold calling or working on telesales developed leads?
  3. Is your product fully-baked, to the point where the code is stable, you have an SDK, standards-based API and fully documented instructions on how to extend and integrate with your product?
  4. Are your existing customers raving fans of your product?
I've worked about half of my professional selling career in OEM, VAR and Reseller channels roles where my responsibility was recruiting and driving sales through channels.  Recently, I’ve consulted to numerous companies selling through channels.

Based on this experience I suggest that if the answer to all four questions above is not a resounding “yes”, then you are probably not ready to sell through channels.  I coined the phrase “when you are truly ready, the channel will show up”, based on years of direct work with and observation of how the vast majority of channel partnerships actually work.  
Trying to move channel partners in a specific direction before either they, you, or more importantly, the market is ready, inevitably leads to wasted effort, cash and disappointment.

Now let’s assume you already have a committed channels plan in place, you have dedicated resources and a number of channels partners signed up, and like thousands of companies worldwide - your program stinks. 

When I speak with CEO’s, they routinely point to weak channels as their number two problem in their B2B sales and marketing groups, right behind the top problem of insufficient qualified leads.

So how do we come to grips with the harsh realities of today’s market, the overall capabilities of channel partners and what we should really expect from them?  The remainder of this post will provide some insights and recommended tools that you can use to actually improve channel performance:


Selling to the early market

First and foremost, is your product, service or solution based on a novel or discontinuous technology? If not, is it an evolution of an existing product or technology in an established market? The answer to this question is crucial.
•    If your product is novel and truly disruptive, go back and answer the first four questions.
•    Now that you have answered the questions again in your own mind, is there an established buying category and have your products been accepted by the early majority (mainstream market) or are you still selling to the early adopter market and trying to get across the chasm?
  • If you are across the chasm and into the early majority, please go to the next question
  • If you are selling to the early market then you will need your channel to sell the way the early market wants to buy. The early market buys differently from the mainstream market and it is a "value-created" or consultative sell.
  • The "Technology Adoption Cycle vs. Risk" animation is adapted from our Selling in the Internet Age training course IMPACT Buying Concept.
  • Most channels sales teams are geared for "value-offered" or "value-added" sales models and simply don’t understand how to, or have the skills to sell novel technology to early adopters.
  • This mismatch in the early market "value-created" buying culture vs. the way the typical channel partner is selling (value-offered or value-added) is the biggest reason why so many channel partners and programs fail.  Follow this link to a discussion on why value-created selling is key to penetrating the early market. You might want to have a discussion with your direct sales team on this topic as well and buy a few copies of the book Why Killer Products Don't Sell. 

Selling to the Mainstream Market

If you’ve made it and sold your way across the chasm, congratulations are in order as this is a fantastic achievement for any business. If you're positioning a new product in an established buying category, with established competitors then you face another set of interesting challenges:
  • How are you planning to, or how did you acquire your existing partners?
  • Do they fit with where you are today and where you need to go?
  • What relevant training and support have you provided for them?
  • Have you developed your own Messaging to raise the standard of conversations your direct sales team has with target buyers and to differentiate your product vs. competition and, more importantly, have you trained your partners to use it in role-playing situations?
- Don’t expect the channel sales team to figure this out on their own.  Most have other products in their portfolio to sell and they are probably more comfortable doing so.
- Channel sales performance is a direct result of how easy you make it for their salespeople to position and sell your product and the market demand for the product class.
- If all your channel have is a PowerPoint, brochures and a price-list parked on a portal somewhere and distant memories of a ½ day product pitch from your product management team, then you will fail.
  • Have you planned to collaborate on lead generation programs and have you shared leads with them?
  • Have you gone on their first half dozen sales calls to give them feedback and coaching on their sales calls?

What channels sales people need to be successful

If you plan to spend as much or more effort on training the channel to sell as you do your direct team, then this is a good equation. In the post-Internet era the value of a 1:1 call with a buyer has risen by an order of magnitude; here are a few suggestions as to what direct and channel sales people need to be successful.
  • Product knowledge and how to position relevant capabilities and to diagnose and qualify if these capabilities are relevant
  • d. The ability to have the buyer envision using your product and/or service in solving their problem
  • e. Understanding and leading the buyer through the value-exchange in using your product and the associated ROI.
  • f. Communication, language skills, sales-craft skills and tools for Selling in The Internet Age
  • Big Idea narratives and visual confections that tell your story and guide conversations with target buyers, supported by proof points to create a story that engages the buyer, create true differentiation for both direct and channel salespeople

Where the channel works really well

In today’s technology market, there are many great examples of highly functional and well-developed channels.  Cisco Systems, Microsoft and Salesforce.com have surrounded themselves with hundreds of thousands of partners that deliver, implement or extend their products and services with a high degree of effectiveness.

This primarily occured because all three companies realised that extending their ability to reach a broader audience would best be served though a channel.  Except for Microsoft, channel success ocurred after their markets were well developed and beyond the chasm, it was easy for the value-added partners to do exactly what they do best, e.g. add value. 

To enjoy the highest level of success with your channel, understand what they can and can’t do for you, equip them to win and set mutual expectations.  Most importantly, even though they are not your employees, treat them like they are, invest in training them like they are your own and manage them closely. 

Otherwise, don’t be surprised when they fail to deliver.

Webinar - Create Visual Confections that Sell!
Topics: inbound marketing killer products marketing messaging
1 min read

Inbound Marketing: E-Books and White Papers that engage!

By Mark Gibson on Thu, Aug 27, 2009

I'm speaking with Stephanie Tilton, marketer, writer, blogger and expert on generating inbound traffic based on the words you write in blogs, E-Books and White papers. I'm showing Stephanie in real-time how easy it is to create a blog-post on Hubspot's Inbound Marketing platform and I'm getting some free advice on writing white papers.....I hope this is of interest to you.

Topics: inbound marketing
4 min read

Differentiation vs. Competition - a Guide to Achieving it

By Mark Gibson on Wed, Aug 19, 2009

The following is a true story extracted from a recent call in a company, possibly just like yours.

Julie, a sales rep from ABC Software, just got back from an initial meeting with a prospective client who registered interest in your products on your Website. Your inside sales team spoke with the prospect and qualified interest in a meeting to discuss ABC application usage in Acme. Julie's Sales Manager, Bob, asks "So how did the Acme meeting go?"

Topics: sales performance differentiation buyer-persona