New Sales Competencies
The Skills Your Customers Require
A recent study [1] identified seven new competencies which are
necessary for sales success today. The study, which spanned 40
business-to-business sales forces, compared the traits of the
top third of most productive salespeople to the bottom two-thirds,
using feedback from customers, sales managers, and peers.
The
study found that, besides the established competencies of sales
skills and account strategy development, there are now
seven new skills that customers appreciate from their vendors.
I’ve listed them below along with specific suggestions
for using KAPS and OIS concepts to reinforce them.
Engaging
in Self-Appraisal and Continuous Learning.
This is both the
most important and the most difficult. It’s critical
because today’s rapid pace of change requires constant
learning, flatter sales organizations mean less time spent
by manager with salespeople, and it’s the one competency
which makes it easier to learn the others. It also may be
difficult for many salespeople, for whom ego strength is
important, meaning
they’re so high on their own abilities that it’s
difficult to admit they need to improve. This reinforces
the claim we make in KAPS that the most important words in
the
opportunity plan are: “I don’t know” (DK)
Listening Beyond Product Need.
This is the skill which enables
solution and consultative selling. By asking excellent questions
and listening for business needs instead of just the customers’ requirements,
you may add value by suggesting unspecified requirements,
or improve your strategy by identifying additional problem
owners.
Orchestrating Internal Resources.
Your customers
want salespeople who can get things done internally to deliver
complex solutions
and superior service. Although KAPS and OIS have a strong
customer focus, sometimes it is as important to look within
and have
an action plan to be able to build internal relationships
and deploy
the necessary resources to strengthen the Solution Fit section
of your opportunity plan.
Aligning Customer/ Supplier Strategic
Objectives.
In the survey customers were particularly impressed
with salespeople
who
try hard look to further the interests of their customers’ companies
as well as their own, and to take a long term view. Make
sure your customer strategies worksheet is up to date
in key account
planning and periodically revisit the SWOT analysis.
Establishing a Vision of a Committed Customer/Supplier
Relationship.
Because customers sometimes don’t
understand what’s
in it for them to open up and give you information, the
most successful salespeople are adept at helping the
customer to understand
the potential of an expanded relationship. This is especially
important when you are trying to “train” a
customer to expect to be sold this way. Make sure you
have a strong value
proposition to express it.
Understanding the Financial
Impact of Decisions.
The most effective salespeople understand
ways to contribute
both
to internal
profitability and customer profitability. In effect,
you’re not selling
a product or a service—you’re selling customer
results which are measured in financial terms. The ability
to show the
financial impact of doing business with you helps you
elevate the perceived value of your solution and open
doors at higher
levels within the customer’s decision process.
Use your solution value worksheet as the framework to
build and demonstrate
the business value of your solution. In addition, knowing
more about your own company’s profit dynamics will
help you to structure “win-win” proposals.
Consultative Problem Solving requires anticipating possible
problems
and proposing innovative solutions.
This of
course requires both
a deep understanding of your own capabilities and of
the customers’ business
problems, and being able to think about how to go beyond
your immediate product or service to a complete solution.
In effect,
this competency requires a mastery of Listening Beyond
Product Need and Orchestrating Internal Resources to
develop the best
solution. It requires thinking of yourself as a business
consultant rather than a salesperson.
©
Falcon Performance Group, Inc. May be copied for internal distribution.
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