Chapter 4
IN THIS CHAPTER
Learning where your company fits on the maturity scale
Considering the evolving role of sales reps
Accommodating the needs of salespeople
Improving the sales coaching process
Sales Enablement (SE) focuses on the processes, tools, and techniques companies use to increase the effectiveness of their salesforce and includes marketing automation, digital asset management, CRM systems, and social media monitoring tools.
Of course, the idea of creating sales content to improve sales is not new. Companies have struggled with getting their products into the hands of their customers for centuries. In the early 1900s, the Jell-O Company had its salespeople distribute free Jell-O recipe cookbooks to customers to show how to use Jell-O with their favorite dishes. It’s recorded that more than 15 million cookbooks were distributed in some years and the sales of Jell-O doubled over time.
What is new is the use of the web to assist salespeople in getting the right information to the customer at the right time from anywhere in the world. This chapterlooks at the adoption of SE and the ways in which you can deploy it to help your sales reps hit a home run every time.
When you look at the world of SE, you quickly discover that it means different things to different companies. And some companies take an informal approach whereas others set up rigorous systems that impact every part of their organization. It depends on the size and needs of each company.
The definition of SE that fits the largest possible audience is Doug Winter’s definition in the Business Journals. He writes, “… sales enablement is the ability, by any sales rep, to systematically deliver a personalized, one-on-one customer experience.” Just as in the Jell-O selling days, salespeople need to deliver targeted sales information right into the hands of the buyers. Today, companies reach those buyers via their mobile phones, tablets, or laptops. But the problem remains the same: “One size fits all” never does. The key to effective selling is the ability to present a personalized experience directly to each buyer.
So what essential elements must be present to make an SE system effective? Although several features make up a world-class system, three components are critical:
Managers who are presented with the concept of SE need to be convinced that making the effort to implement a new strategy is worth the time and money that’s required. Will it actually improve the win rate? Can it provide a competitive advantage? Answering these questions is key.
So what are the reasons to implement a sales enablement strategy? Some benefits include:
These are very desirable outcomes of a sales enablement system. Any manager would love to be able to show results like these to his company’s executives. Unfortunately, making them happen takes a lot of strategizing and experimenting, which is covered in Book 2, Chapter 3.
To begin considering your own SE, it’s helpful to determine where your organization stands on the SE continuum. Demand Metric, a marketing and research firm (see Figure 4-1), uses a model it developed called the “Sales Enablement Maturity Model.” You can download it at http://www.demandmetric.com/content/sales-enablement-maturity-model
.
Look at the descriptions of the stages of maturity to determine where your company is right now. Note that the relationship of sales to marketing is an important component. Table 4-1 describes the levels.
TABLE 4-1 The Stages of Maturity in Sales Enablement Strategy
Maturity Level |
What’s Happening |
Undefined |
No sales enablement activity or perceived need. No structure or operational tools in place. Sales and marketing departments are siloed with no collaboration. Win rate is less than ten percent. (When a company is organized into silos, it means that each department is independent and does not know what the other departments are doing. There is no collaboration.) |
Progressive |
You’re in the early days of a loose system (fewer than two years). Requests are made for sales enablement function. Some light response has been received. Sales and marketing departments are aware of each other’s activities and have some coordination. Win rate is 10 to 20 percent. |
Mature |
A system has been in place for more than three years. A budget and staff are allocated. There is integration of both automation and a CRM system. Sales and marketing have mutual goals. Win rate is 20 percent. |
World Class |
The system has been in place for more than five years. A strategic plan is in place, and sales and marketing work hand in hand with shared revenue responsibilities. Win rate is more than 25 percent. |
Do you recognize your company in one of these descriptions? You’re unlikely to be at the world-class level. Don’t feel frustrated; so few companies are. It’s a slow process. You can, however, move the process forward by identifying your company’s stage of maturity to help focus your efforts and learn what is possible. You also want to consider what goes into making your organization world class in SE.
Tamara Schenk is Research Director of the MHI Research Institute. Her blog is shown in Figure 4-2 (http://blog.tamaraschenk.com/
). In her SlideShare presentation, she says that four pillars drive world-class sales enablement (http://bit.ly/1JeWFG7
).
Consider whether your company can implement these pillars. The four sales enablement success pillars are as follows:
The role of the sales rep continues to evolve. All the positive value that the web provides also brings with it some obvious negatives — with the main one being that the salesperson is no longer in control of the sales process. In contrast to previous years, salespeople don’t control the narrative these days.
According to SiriusDecisions (https://www.siriusdecisions.com
), a research and consulting company, salespeople typically come into the conversation when the buyer has completed more than half of the buying process. (The buyer journey is discussed in depth in Book 2, Chapter 3.)
This means that being proactive and catching the buyer earlier in the cycle would be an excellent way to decrease the time it takes to complete the sales cycle. That’s what a real SE system can help you do. It helps you empower the salesperson to find those buyers who are searching your solutions and related topics.
Mobility is another one of the critical factors that an SE system must have to accommodate the changing role of sales reps. First and foremost, a mobile SE system provides the content that customers want anytime, and anywhere. But it also is a great boon to salespeople who can’t tie themselves down to a desk in an office. Salespeople have been known to prepare for presentations on subways, in coffee shops, and at their kids’ soccer games, so mobility is a must. You need to supply devices to present from the cloud.
Every manager knows that a well-trained salesforce is the key to success. Yet many organizations fail to take the simplest actions to empower their salespeople, such as neglecting to make sales information easy to find and forgetting to update everyone when changes are made to sales software.
In addition, many companies still labor under the delusion that a typical “sales personality” exists that you must hire. In its blog, HubSpot reported that according to Dave Kurlan from Kurlan & Associates and founder of the Objective Management Group, several sales myths still exist among people who hire sales reps (http://blog.hubspot.com/opinion/study-3-of-4-sales-reps-ineffective
). They include the following:
Do you still believe these myths? If so, it’s time to shake them off and look carefully at the person you’re going to hire for the skills that actually matter.
So what should your sales training include? You should consider three types of training:
One of the key functions of an SE system is the use of sales coaches. But are all sales coaches created equal? Your experience tells you they’re not. Some salespeople are born coaches who can spot and solve problems; others just can’t cut it.
When evaluating your company’s coaching capabilities, you want to consider these four aspects:
Because sales enablement is a relatively new topic, you may not be aware of blogs that focus specifically on this topic. If you want to regularly follow SE, here are three major blogs that merit your attention:
https://www.salesforce.com/blog/
.https://www.forrester.com/B2B-Marketing
), shown in Figure 4-3. Forrester is a well-respected research and consulting firm that provides up-to-the minute information.https://www.td.org/Publications/Blogs/Sales-Enablement-Blog
), shown in Figure 4-4. The Association for Talent Development is a professional organization that supports sales trainers around the globe.