Speakers Inc Magazine, Volume 2
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
S O U T H A F R I C A ' S E C O N O M Y<br />
WALTERS<br />
SHELLEY<br />
Everybody is lamenting the state of the South<br />
African economy, not to mention the global<br />
economy. We respond with surprise and<br />
frustration, yet we know that downturns are<br />
inevitable in anybody’s lifetime. It’s how you<br />
ride them out that determines not only our<br />
business’ longevity and success, but also our<br />
competitive advantage.<br />
Throughout history, every economic downturn<br />
has changed business processes. First, in the<br />
way we buy, and then by necessity, it changes<br />
the way we sell. If an economic downturn does<br />
not change the way we sell, we are missing<br />
the client’s cues.<br />
Either way, we can expect clients to put<br />
increasing pressure on us if they do not get<br />
value from their interactions with sales. They<br />
will request or seek automation – allowing<br />
them to reduce or eliminate the role of sales (if<br />
they feel it is no longer relevant) and<br />
accelerating the journey to commodity<br />
supplier.<br />
The ‘cost of sale’ is growing faster than<br />
revenue for most B2B clients, with little to no<br />
room to cut more fat, so increasing efficiency<br />
and reducing friction in the sales process<br />
provides returns not only for clients, but also<br />
for the sales portion of our organizations.<br />
This economic downturn presents us with an<br />
opportunity to streamline our offering, our<br />
messaging, our approach and our processes -<br />
positioning us for meaningful and frictionless<br />
client engagements. And when the dust settles<br />
and we are back to a stable and growing<br />
economy, you would have put so much<br />
distance between you and the status quo that<br />
your competitors will find it a real challenge to<br />
catch up.<br />
Conversation Intelligence Africa works with<br />
teams both locally and abroad, in large<br />
enterprises and small, to ensure that your<br />
sales professionals have the clarity, conviction<br />
and competence to deliver your differentiated<br />
messaging to your clients.<br />
27