Telephony Magazine "What's Next" Op-Ed: "The Hard Sell Made Easier"
Detailed Talking Points
This Telephony column was written
specifically with the intent to relate with weary telecom service
provider senior executives (i.e. they believe -- this case study
describes my organization, my challenges, and perhaps a potential
solution to my dilemma). Key points are underlined for emphasis.
- Granted, enterprise IT, telecom and finance
managers are seeking ways to cut their communication costs, but only
because no carrier has really given them a reason to think of something more compelling than a cost-centric perspective.
Why is the term "professional telecom marketer" still an oxymoron?
Perhaps it's because business model creativity and originality is
clearly undervalued.
- Consider this scenario -- two very similar size major
account customers with essentially the same network services from the
exact same telecom service provider can have a totally different experience and
satisfaction level. How can this happen? Because one has a competent account manager, and the other doesn't.
- Most major account customers crave a multifaceted salesperson,
but often don't have one assigned to their account. If they like the
communications service provider, then they'll ask for a new salesperson
-- and if the carrier doesn't comply, they often look elsewhere. One of
the most effective account retention strategies is therefore to assign
a competent salesperson. How many accounts are actually lost due to a
lack of sales professionalism? Empirical research indicates that it's
too many.
- The limbo-dancer syndrome is prevalent -- inexperienced or
lazy salespeople with a facilities-based carrier often use a sales
proposition that's virtually identical to a tiny telecom reseller with
zero customer support -- meaning, ineffective salespeople often give-away a carrier's profit margin,
and price discounting is always the lowest common denominator they use
to win the business. Is something being done to address this problem?
Yes, but it's a sham, not a long-term viable solution.
- Carriers are punishing ALL salespeople with micro-management
of their daily activities, as a result of the overall sales channel's
poor performance. On the one hand, this approach has helped to expose
the under-achievers, but the byproduct is that it unintentionally
lowered the bar of expectations to further propagate
commodity-selling practices. Where are the value-centric sales manager
mentors? They're few and far between, and so "transaction selling" is
often still the norm.
- On this backdrop, most carrier sales leadership is unduly
focused on negative outcomes -- the lost sale post-mortem. In contrast,
organizational success propagation can only occur when you re-focus on positive outcomes,
and you take the time to fully comprehend the substantive reasons for
winning high-margin deals. Why do you win, only sometimes? Carriers
need to know the facts, and then reinforce that preferred behavior for
every salesperson.
- All carrier salespeople must learn the applied-science of selling value
from their proven thought-leader peers, and the when and where to apply
those key definitive value points during the typical sales cycle. Are
you confident that your current President's Club members really set the
right behavioral example for other salespeople to follow? If not, then
realize that you're probably sending the wrong message to your sales
force.
- Unfortunately, most carriers don't KNOW what they've collectively learned about world-class selling,
because nobody's assigned to capture this insight, or to utilize it.
So, first step, carriers should provide incentives to their
consultative selling thought-leaders who choose to share and propagate
best practices (fund this program by NOT paying salespeople so much to
merely take orders for the commodity services).
- But, where should carriers place the tacit workflow
knowledge that they've collected from the front-line? Certainly not in
the SFA or CRM platform, or even the Enterprise Portal on their
intranet, because these efficiency-centric systems are typically disjointed from the act of selling.
Then, what's the practical alternative? Just because you've already
invested $20,000/seat (the carrier average) for a Siebel Systems
(Oracle) implementation doesn't mean that you have to continue sinking resources
into this bottomless money pit.
- As a new breed of business process automation tools, Sales Effectiveness Systems (SES) enable carriers to make KNOWN pragmatic wisdom actionable by ALL salespeople
within the context of the typical complex product sales cycle. These
systems fill the void between SFA/CRM and OSS/BSS platforms.
Inherently, they help raise the mainstream bar of expectations for
sales teams. Practitioners now have the means to rid themselves of
oversight and punishment policies, and instead embrace the uplifting
culture that results from success propagation. Everybody wins in this
scenario, including your most astute value-conscious major account
customers.
- Moreover, as already stated, proven sales effectiveness methodology isn't just about penetrating new accounts -- it's also about keeping the accounts that you've already won. Therefore these software applications can be instrumental tools to break the debilitating cycle of perpetual account churn.
However, all of the above assumptions are predicated on one very key point -- you MUST capitalize on all your internal experts, and their priceless wisdom and valuable business contacts.
And there's the catch -- most carriers will admit that they're
currently unable to identify all their recognized thought-leaders, or
those talent-broker employees with the most developed social network of
influential business contacts. That said, what should a forward-looking
organization's leadership team do to proactively move beyond this
barrier?
Consider the following, and imagine the
possibilities for remarkable progress. We've conducting related
ethnographic research, for the design of a holistic business workflow-related platform that
utilizes the proven principles of enterprise social networking. For
further details visit GeoNetworker International.
For additional background on this topic, read my white paper "PowerSelling: Revitalizing the Enterprise Sales Channel."
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