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Speakers Inc Magazine, Volume 2

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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 />

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