Discipline Courage & Curiosity /
1eXPkOr
1eXPkOr
- No tags were found...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
4 / <strong>Discipline</strong>, <strong>Courage</strong> & <strong>Curiosity</strong><br />
Executive Summary /<br />
There is no silver bullet for winning<br />
business. In today’s complex, highly<br />
competitive selling environment<br />
customers have set an incredibly high<br />
benchmark in their expectation of Sales<br />
Professionals, such that only a handful<br />
of organisations are likely to meet - let<br />
alone exceed these expectations. The<br />
professionals and organisations capable<br />
of mastering certain sales disciplines<br />
are the ones who are creating significant<br />
competitive advantage.<br />
Every three years we conduct global research<br />
into “What it Takes to Win Business” based on<br />
the perspectives of 178 global Buyers and Sales<br />
Professionals from a range of industry sectors.<br />
We use the findings to help our clients understand<br />
how their customers make their buying decisions,<br />
become more customer-centric and improve their<br />
win/loss ratio.<br />
The 2015 findings show a shift in Buyer<br />
expectations and suggest the need for increased<br />
discipline in sales. Buyers are asking sales people<br />
to do more, listen more, find out more and be<br />
more disciplined in their approach. They expect<br />
Sales Professionals to be genuinely curious about<br />
their business and to be more courageous by<br />
challenging them with knowledge relevant to them.<br />
The findings from our most recent study highlights<br />
four insights and how they can be applied:<br />
Insight #1 ‘The Death of Formulaic Questioning’<br />
Customers clearly want a conversation, not an<br />
interrogation. The stark difference between the<br />
value customers place on ‘listening’ as opposed to<br />
‘questioning’ shows the criticality of conversation<br />
skills in sales. Great Sales Professionals will<br />
always be prepared with a set of questions that<br />
demonstrate understanding and prompt insight; it<br />
is the ability to listen and drill down that is critical<br />
in today’s sophisticated selling environment.<br />
Insight #2 ‘<strong>Discipline</strong> is the New Black’<br />
Customers are putting a premium on a<br />
salesperson’s credibility, knowledge of their<br />
business, and the ability to communicate<br />
value. This requires discipline in researching,<br />
reviewing and rehearsing that many sales<br />
people don’t possess.<br />
Insight #3 ‘<strong>Courage</strong> and <strong>Curiosity</strong><br />
to Shift Thinking’<br />
Customers are drowning in information, but<br />
thirsting for insight. The in-depth understanding<br />
of the customer’s situation and challenges must<br />
be heard and felt in every communication and<br />
interaction. Smart sales professionals will need<br />
to have the courage and curiosity to create<br />
compelling, customised communication - great<br />
storytelling - that will help shift buyers’ thinking<br />
and buying behaviours.<br />
Insight # 4 ‘The Real Cost of Discounting’<br />
It is a simple fact: discounts are costly. Increased<br />
customer price sensitivity means that salespeople<br />
have to be increasingly savvy at ‘getting the price<br />
right’. They must have an intimate knowledge of the<br />
commercial and emotional drivers of customers so<br />
they do not give away too much. Most salespeople<br />
will give away far more than they need to because<br />
they do not know enough about what the customer<br />
is really prepared to pay and why.