SlideShare a Scribd company logo
1 of 10
Download to read offline
ITSMA Online Survey



       Enabling Sales:
Four Critical Success Factors
                                   Julie Schwartz
                               Senior Vice President
                          Research and Thought Leadership




             Abbreviated Summary | April 2012
   Note: This Abbreviated Summary highlights some of the significant findings from
             Enabling Sales: Four Critical Success Factors.
              A more in-depth analysis can be found in the full report.
In response to
changing buying
behavior, marketing
has moved on…
… but the sales
team has been
    left behind
Why has sales been left behind?
     Critical The depth and quality of thought                                        45
         leadership is one of the key criteria that
              determine which providers make it                      23

         Important While it isn’t critical, it is                                    43
           considered when evaluating solution
             providers and building our shortlist                              35

                Somewhat important                          10
   We consider good thought leadership a bonus
        but not a deciding factor for our shortlist                       26

                                                        2
                  Of minor importance
        It’s a small factor in deciding our shortlist        12
                                                                                           Marketing is generating and
                                                                                              nurturing leads with
                       Of no importance 1
                                                                                           thought leadership
                                                                                2011
             We don’t feel that it contributes at all                           (N=465)
                                    to our decision 4                           2010
                                                                                (N=486)


88%       of buyers of complex solutions report
      that thought leadership is important or
         critical to their buying decisions*

                                                                 However, sales is still promoting
                                                        offerings and capabilities!

*ITSMA, How B2B Buyers Consume Information Study, 2011; N=465
Nearly half the sales people are order takers,
still selling based on feature/function
What percentage of your sales people sell based on…?
Mean % of Sales People (N=32)


                                                Epiphany/thought leadership selling:
                                     Proactively identify opportunities for the buyer to gain competitive
                                        advantage based on a deep understanding of the buyer’s
                                     business and use subject matter expertise/thought leadership to
                                                   add value and engage in conversation

                                                                   13%


                   Solution selling:                                                      Product/services selling:
             Identify buyer pain points, map                                                Describe relevant features and
               to company’s offerings, and              42%                   45%             function and take orders
                      make a solution
                     recommendation




 Source: ITSMA Survey: Sales Enablement, April 2012
The sales force is challenged to
communicate thought leadership insights
and points of view
On average, how well do your sales people communicate the following to customers and prospects?
% of Respondents (N~32)
                                                                                                                                                    Mean
                                                                                                                                                    Rating

                               Details of your offering 3                         31                       41                        25              3.9


           What your company brand stands for                    6                      41                      22                  31               3.8

          Their understanding of their accounts’
                                                 3                     10              23                           48                    16         3.6
           business and key business issues

                   Your company’s differentiation               3 6                    34                            38                  19          3.6

           Mapping of buyers’ pain points to the
                                                                   9                         44                           31              16         3.5
                  company’s offerings
           Your company’s point of view on key
                                                                         22                       38                           38               3    3.2
            business topics relevant to buyers
Application of insights and thought leadership
                                                                                33                         40                       23          3    3.0
      to solve buyers’ business issues
       Insights from recent research or thought
                  leadership initiatives                                         35                        39                       23          3    2.9


                                                                            1 = Not at All Well        2        3         4     5 = Very Well

Note: Mean rating based on a 5-point scale, where 1=Not at all well and 5=Very well.
Source: ITSMA Survey: Sales Enablement, April 2012
After the lead hand off, sales must be
enabled to do thought leadership selling
 Capture and hold their                          Create community,
 attention with relevant                           both on- and offline
thought leadership


                           Build relationships
                                   with
                              thought
                            leadership
                               selling
Marketing and others responsible for sales
enablement must teach sales to use
thought leadership to open doors and
nurture relationships
Sales success
                  1. Tight marketing and sales alignment
depends on:

                              2. Training on how to use sales tools
                              and thought leadership content


                  3. Pursuit support and sales
                  “concierge” services

                              4. Formal processes to measure
                              effectiveness, gather feedback,
                              and adjust as needed
Study Methodology                                   Type of Company
                                                    Which of the following best describes your
                                                    company? % of Respondents (N=35)
During March 2012, ITSMA used a web-based
survey to gather data from its members and select
non-members about its sales enablement content              Primarily sell      49%         51%          Sell both products and
and initiatives. ITSMA received responses from 35             services                                          services
representatives from 30 companies and analyzed
the collected data in three ways:
•   Comparison to the ITSMA Survey:
    Sales Enablement, August 2009                   Sales Model
•   Company type (sells products and services vs.   Which of the following best describes the sales
    primarily services)                             channels you and your organization are
                                                    responsible for enabling? % of Respondents (N=35)
•   Sales enablement performance (high
    performers vs. average or below)
                                                        A mix of direct sales
Note: High performers reported that their sales        and channel partners/    46%                      Primarily a direct sales
enablement programs are having a significant                 alliances                      54%                   force
impact on sales performance.


For the purposes of this study,                     Source: ITSMA Survey: Sales Enablement, April 2012



ITSMA defines sales enablement as:
Content and initiatives designed to help individual sales people to increase productivity
by reducing the effort, cost, and time to move a prospect through the buying process.
Study respondents answered from both                              Respondent Titles
marketing and sales perspectives and                              From which perspective will you be answering
                                                                  this survey? % of Respondents (N=35)
represented organizations in 6 major                                              Sales                   Product/
                                                                              management Other            services/
industries with revenue ranging from less                                          3%     9%              solutions
                                                                           Sales
than $500 million to over $5 billion.                                    operations
                                                                                                        management
                                                                                                        or marketing
                                                                            3%
                                                                                                            30%
Industry Subsector                                                         Field
Which of these categories best describes your                            marketing
industry subsector? % of Respondents (N=35)                                26%

                6           Other hardware/software systems and
            3               solutions
                                                                                                 Corporate
            9                                                                                    marketing
                            Information management services                                        29%
            17
                            Computer systems and solutions        Organization Size
                            provider
            23                                                    How large is your company’s services business
                            Software provider                     (annual services revenue)? % of Respondents (N=35)

                            Network/telecommunications systems
                            and solution provider                                                                  51
            43              Professional services firm



                                                                                                   23
Source: ITSMA Survey: Sales Enablement, April 2012                      17
                                                                                      9

                                                                     Less than   $500–999.9M      $1–5B        Greater than
                                                                      $500M                                       $5B
Table of Contents for
       Enabling Sales:
Four Critical Success Factors
                                          Slide
Executive Summary                          3
Methodology and Respondent Demographics    33
Detailed Findings                          42
Appendix:
                                           72
Sales Enablement Performance Assessment
Crosstabs
  By Sales Enablement Performance          83
  By Company Type                         117




For More Information
               Julie Schwartz
               Senior Vice President
               Research and Thought Leadership
               ITSMA
               jschwartz@itsma.com
               +1-407-788-8220

More Related Content

Viewers also liked

After sales service
After sales serviceAfter sales service
After sales service
Shahzad Khan
 
After Sales Service
After Sales ServiceAfter Sales Service
After Sales Service
Nj Lopez-Tan
 
Customer Service Powerpoint
Customer Service PowerpointCustomer Service Powerpoint
Customer Service Powerpoint
guestf74142
 

Viewers also liked (14)

Ten Slides in Ten Minutes - Thinking about Sales Operations
Ten Slides in Ten Minutes - Thinking about Sales OperationsTen Slides in Ten Minutes - Thinking about Sales Operations
Ten Slides in Ten Minutes - Thinking about Sales Operations
 
Sales Opportunity Review Template
Sales Opportunity Review TemplateSales Opportunity Review Template
Sales Opportunity Review Template
 
Enabling The Effective Sales Force
Enabling The Effective Sales ForceEnabling The Effective Sales Force
Enabling The Effective Sales Force
 
Digital DNA. Digital Is Here. India Online Marketing Trends 2015
Digital DNA. Digital Is Here. India Online Marketing Trends 2015 Digital DNA. Digital Is Here. India Online Marketing Trends 2015
Digital DNA. Digital Is Here. India Online Marketing Trends 2015
 
MSP'17...Session2 :Marketing plan and Strategy
MSP'17...Session2 :Marketing plan and StrategyMSP'17...Session2 :Marketing plan and Strategy
MSP'17...Session2 :Marketing plan and Strategy
 
Thermax presentation
Thermax presentationThermax presentation
Thermax presentation
 
After sales service
After sales serviceAfter sales service
After sales service
 
Marketing Report: Segmentation, Targeting, Positioning and Product Mix of Cad...
Marketing Report: Segmentation, Targeting, Positioning and Product Mix of Cad...Marketing Report: Segmentation, Targeting, Positioning and Product Mix of Cad...
Marketing Report: Segmentation, Targeting, Positioning and Product Mix of Cad...
 
Sales Performance Presentation
Sales Performance PresentationSales Performance Presentation
Sales Performance Presentation
 
Sales report analysis and recommendation
Sales report analysis and recommendationSales report analysis and recommendation
Sales report analysis and recommendation
 
After Sales Service
After Sales ServiceAfter Sales Service
After Sales Service
 
What is Sales Operations
What is Sales Operations What is Sales Operations
What is Sales Operations
 
B2B Content Marketing Report
B2B Content Marketing ReportB2B Content Marketing Report
B2B Content Marketing Report
 
Customer Service Powerpoint
Customer Service PowerpointCustomer Service Powerpoint
Customer Service Powerpoint
 

More from ITSMA

Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
ITSMA
 
Stregthening Executive Engagement: Four Keys to Building Trust
Stregthening Executive Engagement: Four Keys to Building TrustStregthening Executive Engagement: Four Keys to Building Trust
Stregthening Executive Engagement: Four Keys to Building Trust
ITSMA
 
B2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
B2B Marketing Personalization Survey: Valuable Lessons from Industry LeadersB2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
B2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
ITSMA
 
Accelerating ABM Impact: The Case for a Blended Approach
Accelerating ABM Impact: The Case for a Blended ApproachAccelerating ABM Impact: The Case for a Blended Approach
Accelerating ABM Impact: The Case for a Blended Approach
ITSMA
 
ITSMA and ABM Leadership Alliance Leadership Survey: Driving Growth with Thre...
ITSMA and ABM Leadership Alliance Leadership Survey: Driving Growth with Thre...ITSMA and ABM Leadership Alliance Leadership Survey: Driving Growth with Thre...
ITSMA and ABM Leadership Alliance Leadership Survey: Driving Growth with Thre...
ITSMA
 
ITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA Insight-Led Marketing Survey Abbreviated SummaryITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA
 
ITSMA Online Survey: Account Based Marketing and ROI: Building the Case for ...
ITSMA Online Survey:  Account Based Marketing and ROI: Building the Case for ...ITSMA Online Survey:  Account Based Marketing and ROI: Building the Case for ...
ITSMA Online Survey: Account Based Marketing and ROI: Building the Case for ...
ITSMA
 

More from ITSMA (18)

Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
Seizing the Executive Engagement Opportunity: How Executives Engage Study (Pa...
 
Stregthening Executive Engagement: Four Keys to Building Trust
Stregthening Executive Engagement: Four Keys to Building TrustStregthening Executive Engagement: Four Keys to Building Trust
Stregthening Executive Engagement: Four Keys to Building Trust
 
B2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
B2B Marketing Personalization Survey: Valuable Lessons from Industry LeadersB2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
B2B Marketing Personalization Survey: Valuable Lessons from Industry Leaders
 
Accelerating ABM Impact: The Case for a Blended Approach
Accelerating ABM Impact: The Case for a Blended ApproachAccelerating ABM Impact: The Case for a Blended Approach
Accelerating ABM Impact: The Case for a Blended Approach
 
ITSMA and ABM Leadership Alliance Leadership Survey: Driving Growth with Thre...
ITSMA and ABM Leadership Alliance Leadership Survey: Driving Growth with Thre...ITSMA and ABM Leadership Alliance Leadership Survey: Driving Growth with Thre...
ITSMA and ABM Leadership Alliance Leadership Survey: Driving Growth with Thre...
 
ITSMA Survey Transforming Marketing for the Digital Future: Six Areas of Chan...
ITSMA Survey Transforming Marketing for the Digital Future: Six Areas of Chan...ITSMA Survey Transforming Marketing for the Digital Future: Six Areas of Chan...
ITSMA Survey Transforming Marketing for the Digital Future: Six Areas of Chan...
 
ITSMA Infographic Six Steps to Engaging the C-Suite
ITSMA Infographic Six Steps to Engaging the C-SuiteITSMA Infographic Six Steps to Engaging the C-Suite
ITSMA Infographic Six Steps to Engaging the C-Suite
 
ITSMA Infographic - Marketing Priorities for Executive Engagement
ITSMA Infographic - Marketing Priorities for Executive EngagementITSMA Infographic - Marketing Priorities for Executive Engagement
ITSMA Infographic - Marketing Priorities for Executive Engagement
 
ITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA Insight-Led Marketing Survey Abbreviated SummaryITSMA Insight-Led Marketing Survey Abbreviated Summary
ITSMA Insight-Led Marketing Survey Abbreviated Summary
 
ITSMA B2B Services Marketing Budget and Trends 2014 Infographic
ITSMA B2B Services Marketing Budget and Trends 2014 InfographicITSMA B2B Services Marketing Budget and Trends 2014 Infographic
ITSMA B2B Services Marketing Budget and Trends 2014 Infographic
 
The Best of ITSMA’s 20th Annual Conference
The Best of ITSMA’s 20th Annual ConferenceThe Best of ITSMA’s 20th Annual Conference
The Best of ITSMA’s 20th Annual Conference
 
ITSMA Online Survey: Account Based Marketing and ROI: Building the Case for ...
ITSMA Online Survey:  Account Based Marketing and ROI: Building the Case for ...ITSMA Online Survey:  Account Based Marketing and ROI: Building the Case for ...
ITSMA Online Survey: Account Based Marketing and ROI: Building the Case for ...
 
ITSMA Marketing Excellence Awards 2012 winners
ITSMA Marketing Excellence Awards 2012 winnersITSMA Marketing Excellence Awards 2012 winners
ITSMA Marketing Excellence Awards 2012 winners
 
ITSMA Marketing Strategist Top 10 B2B Marketing Stories
ITSMA Marketing Strategist Top 10 B2B Marketing StoriesITSMA Marketing Strategist Top 10 B2B Marketing Stories
ITSMA Marketing Strategist Top 10 B2B Marketing Stories
 
ITSMA's 2010 Marketing Leadership Forum - Highlights
ITSMA's 2010 Marketing Leadership Forum - HighlightsITSMA's 2010 Marketing Leadership Forum - Highlights
ITSMA's 2010 Marketing Leadership Forum - Highlights
 
ITSMA Services Marketing Budgets And Benchmarks 2008
ITSMA Services Marketing Budgets And Benchmarks 2008ITSMA Services Marketing Budgets And Benchmarks 2008
ITSMA Services Marketing Budgets And Benchmarks 2008
 
How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009How Customers Choose Solutions Providers 2009
How Customers Choose Solutions Providers 2009
 
Web 2.0 Gets Strategic
Web 2.0 Gets StrategicWeb 2.0 Gets Strategic
Web 2.0 Gets Strategic
 

Recently uploaded

Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
lizamodels9
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Dipal Arora
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
dollysharma2066
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
Matteo Carbone
 

Recently uploaded (20)

Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 

Enabling Sales: Four Critical Success Factors

  • 1. ITSMA Online Survey Enabling Sales: Four Critical Success Factors Julie Schwartz Senior Vice President Research and Thought Leadership Abbreviated Summary | April 2012 Note: This Abbreviated Summary highlights some of the significant findings from Enabling Sales: Four Critical Success Factors. A more in-depth analysis can be found in the full report.
  • 2. In response to changing buying behavior, marketing has moved on… … but the sales team has been left behind
  • 3. Why has sales been left behind? Critical The depth and quality of thought 45 leadership is one of the key criteria that determine which providers make it 23 Important While it isn’t critical, it is 43 considered when evaluating solution providers and building our shortlist 35 Somewhat important 10 We consider good thought leadership a bonus but not a deciding factor for our shortlist 26 2 Of minor importance It’s a small factor in deciding our shortlist 12 Marketing is generating and nurturing leads with Of no importance 1 thought leadership 2011 We don’t feel that it contributes at all (N=465) to our decision 4 2010 (N=486) 88% of buyers of complex solutions report that thought leadership is important or critical to their buying decisions* However, sales is still promoting offerings and capabilities! *ITSMA, How B2B Buyers Consume Information Study, 2011; N=465
  • 4. Nearly half the sales people are order takers, still selling based on feature/function What percentage of your sales people sell based on…? Mean % of Sales People (N=32) Epiphany/thought leadership selling: Proactively identify opportunities for the buyer to gain competitive advantage based on a deep understanding of the buyer’s business and use subject matter expertise/thought leadership to add value and engage in conversation 13% Solution selling: Product/services selling: Identify buyer pain points, map Describe relevant features and to company’s offerings, and 42% 45% function and take orders make a solution recommendation Source: ITSMA Survey: Sales Enablement, April 2012
  • 5. The sales force is challenged to communicate thought leadership insights and points of view On average, how well do your sales people communicate the following to customers and prospects? % of Respondents (N~32) Mean Rating Details of your offering 3 31 41 25 3.9 What your company brand stands for 6 41 22 31 3.8 Their understanding of their accounts’ 3 10 23 48 16 3.6 business and key business issues Your company’s differentiation 3 6 34 38 19 3.6 Mapping of buyers’ pain points to the 9 44 31 16 3.5 company’s offerings Your company’s point of view on key 22 38 38 3 3.2 business topics relevant to buyers Application of insights and thought leadership 33 40 23 3 3.0 to solve buyers’ business issues Insights from recent research or thought leadership initiatives 35 39 23 3 2.9 1 = Not at All Well 2 3 4 5 = Very Well Note: Mean rating based on a 5-point scale, where 1=Not at all well and 5=Very well. Source: ITSMA Survey: Sales Enablement, April 2012
  • 6. After the lead hand off, sales must be enabled to do thought leadership selling Capture and hold their Create community, attention with relevant both on- and offline thought leadership Build relationships with thought leadership selling
  • 7. Marketing and others responsible for sales enablement must teach sales to use thought leadership to open doors and nurture relationships Sales success 1. Tight marketing and sales alignment depends on: 2. Training on how to use sales tools and thought leadership content 3. Pursuit support and sales “concierge” services 4. Formal processes to measure effectiveness, gather feedback, and adjust as needed
  • 8. Study Methodology Type of Company Which of the following best describes your company? % of Respondents (N=35) During March 2012, ITSMA used a web-based survey to gather data from its members and select non-members about its sales enablement content Primarily sell 49% 51% Sell both products and and initiatives. ITSMA received responses from 35 services services representatives from 30 companies and analyzed the collected data in three ways: • Comparison to the ITSMA Survey: Sales Enablement, August 2009 Sales Model • Company type (sells products and services vs. Which of the following best describes the sales primarily services) channels you and your organization are responsible for enabling? % of Respondents (N=35) • Sales enablement performance (high performers vs. average or below) A mix of direct sales Note: High performers reported that their sales and channel partners/ 46% Primarily a direct sales enablement programs are having a significant alliances 54% force impact on sales performance. For the purposes of this study, Source: ITSMA Survey: Sales Enablement, April 2012 ITSMA defines sales enablement as: Content and initiatives designed to help individual sales people to increase productivity by reducing the effort, cost, and time to move a prospect through the buying process.
  • 9. Study respondents answered from both Respondent Titles marketing and sales perspectives and From which perspective will you be answering this survey? % of Respondents (N=35) represented organizations in 6 major Sales Product/ management Other services/ industries with revenue ranging from less 3% 9% solutions Sales than $500 million to over $5 billion. operations management or marketing 3% 30% Industry Subsector Field Which of these categories best describes your marketing industry subsector? % of Respondents (N=35) 26% 6 Other hardware/software systems and 3 solutions Corporate 9 marketing Information management services 29% 17 Computer systems and solutions Organization Size provider 23 How large is your company’s services business Software provider (annual services revenue)? % of Respondents (N=35) Network/telecommunications systems and solution provider 51 43 Professional services firm 23 Source: ITSMA Survey: Sales Enablement, April 2012 17 9 Less than $500–999.9M $1–5B Greater than $500M $5B
  • 10. Table of Contents for Enabling Sales: Four Critical Success Factors Slide Executive Summary 3 Methodology and Respondent Demographics 33 Detailed Findings 42 Appendix: 72 Sales Enablement Performance Assessment Crosstabs By Sales Enablement Performance 83 By Company Type 117 For More Information Julie Schwartz Senior Vice President Research and Thought Leadership ITSMA jschwartz@itsma.com +1-407-788-8220