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The Future of Sales1-heFutureofSaes
ANATOMYOFTHE
MODERNSALESPRO
ByTraackr
WHATHELOOKSLIKE
THOUGHTLEADER
WHATHEFOCUSESON
EYESONTHEPRIZE
WHATHE'STAKINGIN
EMPATHETICLISTENER
WHATHECARESABOUT
PASSIONATE
PROBLEMSOLVER
WHATTOOLSHEUSES
DISRUPTIVETECH
ENTHUSIAST
[
1
WHATHELOOKSLIKE
THOUGHTLEADER
WHATHEFOCUSESON
EYESONTHEPRIZE
/
HOWHECOMMUNICATES
KNOWLEDGEMEGAPHONE
WHATHECARESABOU
PASSIONATE
PROBLEMSOLVER
WHATTOOLSHEUSES
DISRUPTIVETECH
ENTHUSIAST
1
WHEREHESTANDS
ONEFOOTINSALES,
ONEINMARKETING
Technology Changes
Exponentially
People Think Linearly
Do You Remember
the 8 Exponential
Technologies?
DoYouRemember
the8Exponentia
Technoogies?
The convergence of marketing and sales,
combined with the wealth of data that
modern technology has made available
to prospects, has led to the emergence of
new ideas like “social selling” and
“smarketing.”
- HubSpot.com
Let’s Check Out Your
Social Selling Index (SSI):
linkedin.com/sales/ssi
The sales rep is no longer in charge; in fact, it’s
quite the opposite, as prospects now hold the
power. This change in the buyer-seller power
structure demands a corresponding change in
the way sales reps interact with prospects. It’s
no longer about selling, it’s about helping.
- Hubspot.com
Gartner Says the
Future of IT Sales is a
Flipped Organisation:
Focused on the Customer
When Was the Last Time
You Asked Your Client,
“How do you like to
be sold or marketed to?”
9'of'the'top'11'effective'ways'of'getting'a'
of'involve'Thought'
Leadership'Marketing
How would you rate the effectiveness of the following marketing vehicles in getting your attention?
Mean Rating (N~344)
Speech or presentation at a conference or trade show
Case studies describing successful customer solution implementations
Article in the business or trade press
Invitation to a Webinar, seminar, or workshop
Sporting or cultural event sponsorship
Online advertisement
Vendor's blog
TV or print advertisement
Phone call from a sales representative from the service firm
Email from a sales representative from the service firm
Direct mail brochure
Conference sponsorship
Electronic newsletter from the service firm
White paper offered on the Internet
Search engine hits when doing research or surfing the Web
Analyst firm recommendation (such as Gartner/IDC/Forrester)
Speech or presentation at a conference or trade show
Case studies describing successful customer solution implementations
Article in the business or trade press
Invitation to a Webinar, seminar, or workshop
Sporting or cultural event sponsorship
Online advertisement
Vendor's blog
TV or print advertisement
Phone call from a sales representative from the service firm
Email from a sales representative from the service firm
Direct mail brochure
Conference sponsorship
Electronic newsletter from the service firm
White paper offered on the Internet
Search engine hits when doing research or surfing the Web
Analyst firm recommendation (such as Gartner/IDC/Forrester)
2.0
2.2
2.3
2.3
2.3
2.3
2.5
2.8
2.9
3.1
3.2
3.3
3.4
3.4
3.7
3.7
Reaching Global Executives:
12Megatrends in B2B Marketing
sked to rate the value of various marketing
activities on a five-point scale, meetings/
conferences and research/surveys top the list.
Today B2B providers view a broad array of
sponsored programmes, such as conferences and
white papers, as a valuable means of capturing
attention and persuading decision makers.
This is not to say that traditional advertising
has lost its appeal. Instead, the conclusion is that
organisations seeking to promote their businesses
are increasingly relying on a range of channels,
including print.
user communities) and passive (print) promotional
channels.
The way forward is clearly a heavier reliance on
creating a programme of thought leadership that
takes advantage of multiple-entry-point messaging.
The shift to 360º thought leadership
1. How important are the following non-traditional categories
of marketing activity to your organisation?
(Mean score out of 5)
Meetings/conferences
Research/surveys
White papers, executive summaries, articles
3.76
3.85
3.61
1M E G A T R E N D O N E
A
Thought Leadership Defined
The term was first coined in 1994, by Joel Kurtzman, editor-in-
chief of the magazine, Strategy+Business
“Thought leaders are individuals or organisations that are
recognised by peers, customers and industry experts as
someone who deeply understand the business they are in, the
needs of their customers, and the broader marketplace in which
they operate.”
“Thought leaders have a distinctively original idea,
a unique point of view or an insight.”
Home 2011 program 2010 National winners 2010 National finalists Judges Champions Previous winners Sponsors Contact
Community of interest
To receive regular updates on the
2010 program, join the
Ernst & Young Entrepreneur Of
The Year community of interest.
Monthly newsletters
Read previous issues of our
monthly Entrepreneur Of The Year
Connections newsletter.
Select a Newsletter
Exceptional – the 2011
Ernst & Young Entrepreneur Of
The Year magazine
This year’s magazine is filled with
thought provoking and inspirational
stories, including profiles of our
2010 Entrepreneur Of The Year
national winners.
Read the Exceptional magazine e-
About Entrepreneur Of The Year
Ernst & Young Entrepreneur Of The Year is the
first and only truly global award of its kind,
Entrepreneur Of The Year celebrates those who
are building and leading successful, growing
and dynamic businesses, recognising them
through regional, national and global awards
programs in more than 140 cities in 50
countries. Find out more at ey.com/au/eoy
Igniting innovation
Today, more than ever, the entrepreneurial
spirit is alive in the corporate world. What can
your organisation do to cultivate this spirit of
innovation and retain “intrapreneurial” thinkers?
Find out more.
Do you know an outstanding
entrepreneur?
Nominate them now for the 2011 Ernst &
Young Entrepreneur Of The Year awards. Read
our nomination guide and complete our
registration of interest form, or contact your
regional Entrepreneur Of The Year program
manager.
75%
Social Selling Index (SSI)
Create a
professional
brand
Find the
right people
Engage with
insights
Build strong
relationships
%
of B2B Buyers use social media to
make purchasing decisions
%
Of B2B decision-makers expect new
or different insights from sales
professionals
More likely to engage with sales
professionals via warm introduction
than cold outreach.
3X more likely to go
to club
Go to Club
51% more likely to
exceed quota
Exceed Quota
Promoted to VP 17
months faster
Get Promoted Faster
Sales Professionals Who Are Social Selling
• Achieved more than 120% of quota (#1 rep)
• Has built over 100 new clients in pipeline
“If it wasn’t for LinkedIn, I would not have built the
existing network I have with some large NFP
organizations…LinkedIn Navigator is addictive. It is like
having a strategy manager working for me 24/7. ”
SSI
64
3X more likely to go
to club
Go to Club
51% more likely to
exceed quota
Exceed Quota
Promoted to VP 17
months faster
Get Promoted Faster
Sales Professionals Who Are Social Selling
• President’s Club FY 2014
• Finished the year at 166% of Quota
“I put it down to LinkedIn; when I track down my lead
sources for deals I closed LinkedIn had a profound effect
on how I engaged with decision makers and how I went
about identifying those individuals.”
SSI
71
Create a Thought Leader’s Linkedin Profile
Professional photo is your first impression
Tagline should be action oriented, not just a title
Summary should describe your passions
Rich media should illustrate your story
Educate potential buyers who visit your profile
A Great Example - Linkedin Approved:
80
Hunting – Step 1 is to build a lead list
Let LinkedIn do the hunting for you
Hunting – Step 2 is to engage recommended leads
Hunting – Step 3 is to find team connections
Take advantage of your entire company’s rolodex
Hunting – Step 4 is to listen for selling moments
An example of a selling moment
The rep sees an insight in the feed…
An example of a selling moment
Reaches out while prospect is in the moment…
…Magic happens
An example of a selling moment
The Future of Sales

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Future of Sales-Craig Rispin-Business Futurist

  • 1. The Future of Sales1-heFutureofSaes
  • 5.
  • 6. Do You Remember the 8 Exponential Technologies? DoYouRemember the8Exponentia Technoogies?
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15. The convergence of marketing and sales, combined with the wealth of data that modern technology has made available to prospects, has led to the emergence of new ideas like “social selling” and “smarketing.” - HubSpot.com
  • 16. Let’s Check Out Your Social Selling Index (SSI): linkedin.com/sales/ssi
  • 17.
  • 18.
  • 19. The sales rep is no longer in charge; in fact, it’s quite the opposite, as prospects now hold the power. This change in the buyer-seller power structure demands a corresponding change in the way sales reps interact with prospects. It’s no longer about selling, it’s about helping. - Hubspot.com
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  • 34. Gartner Says the Future of IT Sales is a Flipped Organisation: Focused on the Customer
  • 35.
  • 36. When Was the Last Time You Asked Your Client, “How do you like to be sold or marketed to?”
  • 37.
  • 38. 9'of'the'top'11'effective'ways'of'getting'a' of'involve'Thought' Leadership'Marketing How would you rate the effectiveness of the following marketing vehicles in getting your attention? Mean Rating (N~344) Speech or presentation at a conference or trade show Case studies describing successful customer solution implementations Article in the business or trade press Invitation to a Webinar, seminar, or workshop Sporting or cultural event sponsorship Online advertisement Vendor's blog TV or print advertisement Phone call from a sales representative from the service firm Email from a sales representative from the service firm Direct mail brochure Conference sponsorship Electronic newsletter from the service firm White paper offered on the Internet Search engine hits when doing research or surfing the Web Analyst firm recommendation (such as Gartner/IDC/Forrester) Speech or presentation at a conference or trade show Case studies describing successful customer solution implementations Article in the business or trade press Invitation to a Webinar, seminar, or workshop Sporting or cultural event sponsorship Online advertisement Vendor's blog TV or print advertisement Phone call from a sales representative from the service firm Email from a sales representative from the service firm Direct mail brochure Conference sponsorship Electronic newsletter from the service firm White paper offered on the Internet Search engine hits when doing research or surfing the Web Analyst firm recommendation (such as Gartner/IDC/Forrester) 2.0 2.2 2.3 2.3 2.3 2.3 2.5 2.8 2.9 3.1 3.2 3.3 3.4 3.4 3.7 3.7
  • 40. sked to rate the value of various marketing activities on a five-point scale, meetings/ conferences and research/surveys top the list. Today B2B providers view a broad array of sponsored programmes, such as conferences and white papers, as a valuable means of capturing attention and persuading decision makers. This is not to say that traditional advertising has lost its appeal. Instead, the conclusion is that organisations seeking to promote their businesses are increasingly relying on a range of channels, including print. user communities) and passive (print) promotional channels. The way forward is clearly a heavier reliance on creating a programme of thought leadership that takes advantage of multiple-entry-point messaging. The shift to 360º thought leadership 1. How important are the following non-traditional categories of marketing activity to your organisation? (Mean score out of 5) Meetings/conferences Research/surveys White papers, executive summaries, articles 3.76 3.85 3.61 1M E G A T R E N D O N E A
  • 41. Thought Leadership Defined The term was first coined in 1994, by Joel Kurtzman, editor-in- chief of the magazine, Strategy+Business “Thought leaders are individuals or organisations that are recognised by peers, customers and industry experts as someone who deeply understand the business they are in, the needs of their customers, and the broader marketplace in which they operate.” “Thought leaders have a distinctively original idea, a unique point of view or an insight.”
  • 42. Home 2011 program 2010 National winners 2010 National finalists Judges Champions Previous winners Sponsors Contact Community of interest To receive regular updates on the 2010 program, join the Ernst & Young Entrepreneur Of The Year community of interest. Monthly newsletters Read previous issues of our monthly Entrepreneur Of The Year Connections newsletter. Select a Newsletter Exceptional – the 2011 Ernst & Young Entrepreneur Of The Year magazine This year’s magazine is filled with thought provoking and inspirational stories, including profiles of our 2010 Entrepreneur Of The Year national winners. Read the Exceptional magazine e- About Entrepreneur Of The Year Ernst & Young Entrepreneur Of The Year is the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognising them through regional, national and global awards programs in more than 140 cities in 50 countries. Find out more at ey.com/au/eoy Igniting innovation Today, more than ever, the entrepreneurial spirit is alive in the corporate world. What can your organisation do to cultivate this spirit of innovation and retain “intrapreneurial” thinkers? Find out more. Do you know an outstanding entrepreneur? Nominate them now for the 2011 Ernst & Young Entrepreneur Of The Year awards. Read our nomination guide and complete our registration of interest form, or contact your regional Entrepreneur Of The Year program manager. 75%
  • 43.
  • 44.
  • 45. Social Selling Index (SSI) Create a professional brand Find the right people Engage with insights Build strong relationships
  • 46. % of B2B Buyers use social media to make purchasing decisions
  • 47. % Of B2B decision-makers expect new or different insights from sales professionals
  • 48. More likely to engage with sales professionals via warm introduction than cold outreach.
  • 49. 3X more likely to go to club Go to Club 51% more likely to exceed quota Exceed Quota Promoted to VP 17 months faster Get Promoted Faster Sales Professionals Who Are Social Selling • Achieved more than 120% of quota (#1 rep) • Has built over 100 new clients in pipeline “If it wasn’t for LinkedIn, I would not have built the existing network I have with some large NFP organizations…LinkedIn Navigator is addictive. It is like having a strategy manager working for me 24/7. ” SSI 64
  • 50. 3X more likely to go to club Go to Club 51% more likely to exceed quota Exceed Quota Promoted to VP 17 months faster Get Promoted Faster Sales Professionals Who Are Social Selling • President’s Club FY 2014 • Finished the year at 166% of Quota “I put it down to LinkedIn; when I track down my lead sources for deals I closed LinkedIn had a profound effect on how I engaged with decision makers and how I went about identifying those individuals.” SSI 71
  • 51.
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  • 57.
  • 58. Create a Thought Leader’s Linkedin Profile Professional photo is your first impression Tagline should be action oriented, not just a title Summary should describe your passions Rich media should illustrate your story Educate potential buyers who visit your profile
  • 59. A Great Example - Linkedin Approved:
  • 60. 80 Hunting – Step 1 is to build a lead list
  • 61. Let LinkedIn do the hunting for you Hunting – Step 2 is to engage recommended leads
  • 62. Hunting – Step 3 is to find team connections Take advantage of your entire company’s rolodex
  • 63. Hunting – Step 4 is to listen for selling moments
  • 64. An example of a selling moment The rep sees an insight in the feed…
  • 65. An example of a selling moment Reaches out while prospect is in the moment…
  • 66. …Magic happens An example of a selling moment
  • 67. The Future of Sales