Buyer behavior has changed, putting them much more in control of their purchasing process. They gather information through the Internet from a wide variety of online sources and as a result, most buyers are keeping sellers out of their buying process until much later than what was once the norm. This book helps sales professionals collaborate with today’s buyers, showing how the most effective sellers succeed, and even thrive, in this era of new buyers, new selling roles, and new technologies. In The Collaborative Sale, you will learn:
- How buyer behavior has changed, and how sellers must adapt to survive
- Three emerging sales roles needed to be effective in today’s market
- Why a Solution Selling philosophy is more relevant today than ever before
- How to build and leverage knowledge to become experts for customers
- How to become a micro-marketer to gain access to prospects
- How to manage risk in today’s complex sales cycles
- How to add real value in every engagement with customers
- How to negotiate effectively, without caving in on price
- How to build a robust pipeline of sales opportunities and achieve goals
- How to use verifiable outcomes to manage deals and predict future revenues
The Collaborative Sale shows how to align effectively with today’s buyers, helping them to succeed in overcoming their problems and challenges, and in so doing, creating value for customers, for solution suppliers, and for sales professionals.
KEITH M. EADES is the Founder and Chief Executive Officer of Sales Performance International, one of the largest sales improvement companies in the world. Founded in 1988, the company does business in over 54 countries. Keith is one of the leading authorities on transforming companies into world-class sales organizations and is a bestselling author of The New Solution Selling.
TIMOTHY T. SULLIVAN is the Director of Business Development for Sales Performance International. Tim is a frequent public speaker and published author on advanced sales and marketing practices.
Foreword David Stein xi
Preface xv
Acknowledgements xix
Definitions xxi
Part I Foundations of the Collaborative Sale 1
1 “The Story” and What’s Behind The Collaborative Sale 3
The Collaborative Sale 7
What is sales collaboration? 9
2 Solution Selling Meets the New Buyer 13
The Emergence of the New Buyer - Buyer 2.0 16
The Effect of Information Access on Buyer 2.0 Behavior 16
The Millennials are Coming 21
The Effect of Economic Uncertainty on Buyer 2.0 Behavior 23
Buyer 2.0 vs. Buyer 1.0 27
Adapting to the Buyer 2.0 Paradigm 28
The Relevancy of Solution Selling and the Evolution of the Collaborative Sale 33
The Story (continued) 35
3 What the New Buyers Expect: Situational Fluency 39
Seller Agility 42
Situational Fluency 44
Components of Situational Fluency 45
Hiring for Situational Fluency 50
Developing Situational Fluency 51
Technology’s Role in Situational Fluency 53
Part II Three Personae of the Collaborative Sale 57
4 The Micro-Marketer Persona 59
Why Be a Micro-Marketer? 60
Micro-Marketers Demonstrate Situational Fluency – with Constraint 62
Micro-Marketers Create Their Own Personal Brand 63
Planning and Executing a Micro-Marketer Strategy 66
Enabling the Micro-Marketer Persona 74
The Story (continued) 82
5 The Visualizer Persona 85
What a Visualizer? 85
Buyer States and Strength of Vision 91
Visualizer Conversations 95
Embracing the Visualizer Persona 99
The Story (continued) 101
6 The Value Driver Persona 105
Focusing on Value 107
What is the Value Driver Persona? 107
Using a Collaboration Plan – a Buyer Alignment and Risk Mitigation Strategy 115
The Myth of Control 118
Create an Online Collaboration Site 119
Collaborating to Close 121
Enabling the Value Driver Persona 122
The Story (continued) 124
Part III Making the Collaborative Sale a Reality 127
7 Establishing a Dynamic Sales Process 129
Buyer-Aligned Sales Process 134
Dynamic Sales Process 135
Automating Dynamic Sales Processes 137
Expanding the View of Sales Process 138
Sales Process Enables Management and Marketing 140
8 Coaching the Collaborative Sale 143
Sales Management Cadence 144
Motivation 151
9 Implementing The Collaborative Sale 157
Right Process: Buyer-Aligned Learning and Development 159
Right People: Talent Assessment and Analytics 162
Right Tools: Focused Enablement 167
Committing to Success – Individually and Organizationally 177
Epilogue 179
Afterword 181
Appendix 183
EssentialCompetencies for The Collaborative Sale 183
Additional Collaborative Selling Tools 186
Contributors 195
KeithM. Eades 195
Timothy T. Sullivan 195
Robert Kear 196
James N. “Jimmy” Touchstone 197
Dave Christofaro 197
Kenneth Cross 198
Tamela M. Rich 198
Index 199