As someone with a degree and passion for marketing but who has spent 10+ years in sales, this was a topic that got me downtown for a networking meeting at 7:30 AM.
I also need to start networking more...
First, networking was fun. I walked in and saw a few people I knew and spent some time catching up with them. Then I knew that I needed to shake hands with a few people I have not met before. There are times when this is easy for me and there are times it takes everything I have to walk up and say "Hi! who are you and should we care about each other?" Not exactly in those words...
Today was the day I took a deep breath and turned to the person next to me, put my hand out and said "Hi I'm Sherry" - The response was - I know I was at SoCon! and the conversation went from there.
As I left another person came up to me and informed me that I have them hooked on Web 2.0 - I assumed they were at SoCon...nope...they saw me speak at the TAG Consulting society last month. I like being recognized...This is fun...(alright that was a total newbie enthusiasm moment...but I have not gotten used to being 'known' yet - and it is still 'fun')
Now to the meeting.
The presenters were Keith Eades and Robert Kear of SPI.
Some of the notes I took include;
70% of the leads generated by marketing do not get followed up on or tracked.
70-80% of marketing materials are not being used.
Only 20% of the corporations have a plan to close the gap between sales and marketing.
Less than 50% of sales people make quota.
Then there were the complaints - Marketing people "build great messages" and sales people just don't get it.
Keep that in mind as I share these next two notes...
A "solution" is a mutually agreed upon answer to a recognized problem that provides measurable improvement (value).
People are not buying from you because they either do not agree with the value or they are not aware of it.
Now Keith and Robert did a great job expressing how each department is responsible for the mindset of how customers and sales processes are perceived (products v solutions). But there was a vital concept missing from their presentation. One that is personal to me.
Where is the feedback loop FROM the sales team?
There was a lot of talk about creating the message and training the sales team, but the sales team are the people on the front line. Ideally smart and talented people. They know what is working and what is not - perhaps that is why they are ignoring what is coming down the pipeline from Marketing, because they do not feel it works for them when they are out in the field.
I asked the question about the feedback loop - the best answer that came out was the concept of the sales wiki where sales people can provide feedback to marketing. Yea!
Now will that feedback be taken seriously? There is a mindset out there of "just a sales person."
I had a number of people approach me after the meeting to tell me that I made a very valid point. We talked about the old school of thought that a product is so good any monkey in a suite could sell it. Sales is not that way anymore - and thank goodness. We do not want to be approached by monkeys with a script. We want people who know what they are doing and why they are doing it.
2+ years of running What a Concept! and I am still learning what I do from my clients by listening to what they need. All my offerings have come from requests from my clients, now I have experience and knowledge of what other clients need, which gives me more to offer. But the more I listen to my clients, the better I become. That is because I am a sales person.
The knowledge I gain from my clients and when I am on a sales call goes to my marketing personality that then tries to package and price the offering. Apparently my marketing side is in need of help - thankfully I have David Cohen on my side who understands Sales and Marketing. Yes - I still am working on my price and packaging - continuous work in progress.
So what happens when an organization does not listen to their sales people and ultimately their clients? As put so well by a gentleman I met before the meeting - they become one of many organizations that have a "solution in search of a problem."
“It's not what you've got, it's what you use that makes a difference.”
- Zig Ziglar