Gaining
confidence & developing long-term
business relationship with "C"
(CEO,CMO,CFO, President,Directors etc)
level decision makers is becoming increasingly
challenging. Having observed & experienced
these interactions for a long time, it
was interesting to understand how senior
executives handle sales-marketing executives.
There
are typically three types of sales executives;
"Tactical", "Strategic",
and "Consultative". The interactions
of these sales people with the senior
decision makers results in one of the
three decisions; being sent down to a
junior associate, or be considered for
future discussions or to give continued
access with the senior level.
The
following chart captures; typical impression
being created, experience of the interaction,
conclusion of meeting & decision being
made by the senior decision maker.
| |
Tactical
|
Strategic
|
Consultative
|
|
Impressions
about the sales person
|
Product
expert
|
A
potential Resource
|
Business
consultant
|
|
Experience
of the interaction.
|
Interruption
|
Sales
talk
|
Business
discussion
|
|
Conclusion
of meeting.
|
Due
diligence completed
|
Creative
ideas explored
|
Compelling
value proposition
|
|
Decision
of the meeting
|
To
be sent down
|
Can
be considered
|
Continued
access
|
The decision makers view the "Tactical
salesperson" as a product expert
and conclude at the end of the meeting,
it was an interruption and that waste
of time. Such a sales person is immediately
referred down to the staff working at
lower levels in the organization who deal
with the product and technical issues
these tactical salespeople are comfortable
discussing. Through diligence and consistent
efforts, the tactical salespeople may
be able to schedule an initial meeting
with an executive, their inability to
address the issues critical to the senior
decision makers, converts an extraordinary
opportunity into wasted time. Their ability
to gain return access to the same senior-level
executive becomes virtually impossible.
At
the other end of the skill, the "Consultative
salesperson" is seen as a business
consultant who, demonstrates compelling
business value and also gives reasons
why the relationship should continue.
It results in granting them contuinued
access to the senior decision maker. The
decison makers cite the continual value
of dealing with salespeople, who have
helped solve similar business problems
for other customers. The consultative
salesperson can relate to business problems
at a very high level. They understand
that their solution may not be the only
solution, and they deliver business value
by helping explore various options. The
objective is to discuss and develop realistic
solutions, not give a slick sales presentation.
So
give me an honest answer-How many of your
sales engineers have consultative sales
approach?