I really like this book!
It starts with concepts that I have personally experienced as important to sales success,
and extends authors’ learning, research, and thinking further into a next
generation of solution selling.
Highlights of Book’s
Messages:
·
Authors’ research shows that of five sales
person types the Challenger Type is significantly more successful, and that the
Relationship Builder style that has been widely prompted for years was the least
successful.
·
Sales success is more about the sales
experience, less about the product or service
·
The Challenger Salesperson’s attention is focused
on:
o
“Teaching” their clients something new and
valuable about their most pressing business problems for which salesperson’s
company has a unique and proven solution (product or service).
o
“Tailoring” their solution's uniqueness
to their specific client. In the words of
the book’s authors’ - “Help clients think about their business needs in a new
and surprising way by reframing their thinking, convincingly layout the fully
loaded costs of inaction and then providing a credible course of action that
naturally leads back to supplier’s unique solutions.”
o
“Taking control” of the entire sales process – Assessing
the situation early and if not positioned for success then abandon, if favorably
positioned then create momentum by motivating their clients to take action in
response to salesperson’s “compelling story”.
In the terminology of my earlier Blogs referred to by Peter - Get this
business need on the client’s “Gain – Pain” radar and push it far past the Pain
Threshold!
·
An integrated company approach is required to
achieve this breakthrough sales success, including:
o
Marketing
(perhaps Practice in a Consulting Services organization) to define the uniquely
differentiated and beneficial solution that your company can take to a group of
clients. This must address the key
question “Why should these clients buy from us over anyone else?”
o
Sales
person who must contextualize or tailor this unique solution and its value to
her specific customer business situation.
o
Sales
Manager who can effectively coach the salesperson thru the sale’s process
and assist by bringing innovative thinking to the client situation.
The authors have done a good job
in in integrating the roles of all the actors including those of the client in
the business model elements of People and Process.
· Widespread support within the client buyer
organization is required; this is contrary to the old adage about only calling
as high as you can in the client organization, and early. In general this is not new as thought leaders
like Miller and Heiman have focused on this for some time. What is new here is the reinforcement on the need to sell
bottom-up; tailor your message to each of the different buyer groups in your
client’s organization to obtain widespread support for your eventual meeting proposal
to the senior client buyer(s).
·
Provides good practical steps on how to develop
a strong teaching presentation that, in words of authors, will “make customers
feel sort of sick about all the money they’re wasting, or revenue they’re
missing, or risk they’re unknowingly exposed to”.
·
Offers a realistic perspective about the amount
of change and time that it may take to successfully internalize within an
organization – This is not a quick fix!
Some Challenges
Companies May Face in Implementing “The Challenger Sale”:
·
Defining company’s solution (which you do
better than anyone else), and its values that clearly differentiates it from your
competition – Answering that killer question “Why should our clients buy from
us over anyone else?”
·
Moving company’s sales force from product/service
selling to the next level of selling solutions where the salesperson is focused
on tailoring your company’s unique message in order to teach a specific client buyer
to look at their business needs in a new way, and then to motivate the client
buyer to take action to implement your unique solution to achieve a desirable
impact on your client buyer’s business.
·
Refocusing your first line sales managers from primarily
performance managers to true sales process coaches and innovation contributors.
Questions for Readers:
·
Authors’ reference their research that indicates
that “only 14 percent of companies’ so-called unique benefits were perceived by
customers as both unique and beneficial!
What is your experience? Have you
worked for or with an organization that has been successful in defining their
unique solution and its value to a group of clients that clearly differentiates
this organization from its competitors?
·
In today’s internet world of immediate access to
all kinds of data are salespeople really able to bring some truly new insights
to prospective clients?
·
What are your thoughts on sales force
“readiness” today? Are the sales leaders
following this today? What will it take
to move the “next layer” of sales performers to fully adopt this approach?
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