2. Sales Acceleration
Huge amounts of sales effort is wasted – and sometimes even counter-productive – because it’s not directed at removing friction-points in the buying process, but at increasing sales pressure.
The problem: Difficult to know what the friction-points are
The problem is that it’s difficult to know what the friction points are in any given situation – the customer seldom knows what they are him/herself. The result is slow, time-consuming and unpredictable sales cycle – and customer buying experience.
The solution: Simple friction-point diagnostic framework
The solution is to equip sales people with a simple diagnostic framework that maps common buying (not selling!) friction points to the appropriate friction-removing solutions. This equips them to focus on the lagging prerequisites for a successful purchase in a highly surgical way.
The trick is to provide them with a starting framework and engage them in the process of capturing and institutionalising their own expertise.
Here’s a starting framework to get you going:
The following Excel table lists a sales person's opportunities with each friction-point rated (0 is no friction; 3 is show-stopping friction; 1 is low; 2 is high).
|
Sales Acceleration and Opportunity Management Framework |
||||||
|
|
Need |
Value |
Budget |
Process |
Authority |
Busy |
|
Prospect A |
0 |
0 |
0 |
3 |
2 |
0 |
|
Prospect B |
0 |
2 |
1 |
2 |
1 |
1 |
|
Prospect C |
1 |
1 |
2 |
2 |
0 |
2 |
|
Prospect D |
2 |
2 |
3 |
3 |
2 |
1 |
|
Prospect E |
3 |
3 |
3 |
2 |
3 |
1 |
In addition to the direct benefits of ranking, reporting and friction-point diagnosis and intervention, sales people can use this framework to batch-process opportunities.
People have a tendency to look for evidence that they're doing it already, so that they don't have to change anything. If they're doing it rigorously already - fine. If they're doing "effectively the same thing, in their heads", they aren't doing it and you're losing out on way more than 20% in monthly sales that you could get for free.
We’re keen to help you work out how this solution can be applied within your organisation’s situation. Phone or email us for help. It’s free – and obligation-free.