Because today's buyers are incredibly educated and savvy, it is crucial for sellers to control the sales conversation in ways other than simply providing information.
Aberdeen's most recent Sales Training research indicates that the top strategic action taken by Best-in-Class companies, in the context of achieving better sales performance, is to leverage best practices in call planning, sales intelligence, and sales training in order to create better conversations that speak more directly to what the buyer needs … rather than what the seller wants to sell (Figure 1).
Source: Aberdeen Group, September 2012
The concept of "consultative selling” is well-supported here: sellers need to spend more time listening, rather than speaking, when they interact with prospects or customers. As simple as this approach sounds, plenty of contemporary salespeople have difficulty resisting the temptation to "show up and throw up,” preferring to focus the conversation on their product’s features rather than on how to fulfill the other party's business needs.
The second most popular top-two strategy among the Best-in-Class is training on specific selling skills, a strong complement to creating more meaningful sales conversations. Unfortunately, some sales leaders interpret “sales prospecting, nurturing, negotiating, closing, and executing skills” as a single rigid methodology, often procured as “industry neutral” from an external sales training provider. These non-customized solutions often fail to account for differences in products, markets or customers among sales organizations, and can result in poor outcomes.
The top-performing sales organizations — defined as those with the most reps achieving quota, and the best annual improvement in growing revenue and deal size — are more adept at focusing on the “skills” element of the strategy, customizing the solution, and insisting on a "train the trainer" component from their solution provider. This scenario allows for professional, external sales skills training expertise to be introduced to your sales team, and provides the flexibility necessary to adapt those learnings to the ever-changing markets to which your team sells.
What exactly is a "meaningful conversation,” and how can sales professionals be trained to engage in them? Among a long list of suggestions, here are some good ways to start: