Taking Action During a Crisis

Taking Action During a Crisis

THE RIGHT SALES MESSAGE Don’t ask customers what they need, teach them what they need to fix. 2020’s customers will buy with much greater caution and care, just as they did during the last economic downturn of 2008-09. Both then and now, decision makers and influencers are rewriting the purchasing playbook. If you don’t adjust your message and how it’s delivered, you’ll struggle to capture attention, create opportunities and close business. Consider first what your sales experience feels like today: Product-Based Question-Based Insight-Based “We have an extensive set of “Help me understand what’s “We can solve a problem that products. There are offerings to causing the most disruption in has been costing your fit nearly all of your needs in this your business right now. What business more than you may area.” keeps you up at night?” realize.” How does today’s customer likely react?: “Is this essential?” “Do I have time for “Should I reconsider my this?” approach?” Today’s most common status quo is to do nothing, to delay, to push back. The default is to not buy. That’s the mind set you need to change, or you’ll get the first two responses above. Use the chart below and ask yourself the hard questions “does/is my message…?” for each of the columns. If you only answer “yes” to the four on the right, you have work to do. Your message may be good, but it doesn’t stand out and it likely work the way you need it to. 0.446 Drivers of Changing a Buyer’s Direction 0.302 Contain Accessible Easy to Interesting Facts or Quick Magnitude of of Magnitude Understand or Anecdotes to Find Driver Impact 0.013 Teach Provide a Compelling Provide a Smart (0.047) Something Reason to Take or Expert Perspective (0.096) New Action (0.132) Statistically Non-Statistically n = 545. Significant Drivers Significant Drivers Customers are most likely to rethink their current course and reset buying criteria, only when confronted with surprising information about their business and a compelling case for change based on the cost of inaction . WIN THE COMPLEX SALE challengerinc.com INSIGHT IS MORE THAN THOUGHT LEADERSHIP. Much of what sellers and marketers mistake for commercial insight today falls into the much broader, and arguably less valuable, category of “thought leadership”. To be clear, this is newsworthy, incremental information that customers won’t discover on their own. But thought leadership doesn’t drive action. The only way to get customers to think Why, because it’s intended to make you, not the customer, look smart. differently about Customers don’t change for you. They change when they start thinking differently about themselves. you is to first get them to think Consider the content you share with customers. Where might it be differently about classified on the chart below? How much of it would not only pass as “frame-breaking”? How much leads back to you exclusively? themselves. Hierarchy of Information Conveyed Through Sales Messages General Discussion General Information Be Credible/Relevant Accepted Information Be Newsworthy Thought Leadership Be Frame-Breaking Insight Lead to Supplier Commercial Messages built on Insight Commercial Insight lead back to the supplier exclusively. The goal of a commercial message, whether delivered in conversation or at arm’s length via digital channels, is to teach a prospect about unknown or underappreciated needs that lead back to your unique differentiators. Messages with those three pieces brought together can make a world of difference in your sales performance. If you don’t have them, we’d like to help you get them. Challenger is the global leader in training and consulting to win today’s complex sale. Our live, virtual and digital solutions support sales and marketing, and customer service WIN THE professionals, leading to significant performance improvements and financial results. Each program we provide is supported by ongoing research and backed by our best-selling COMPLEX books, The Challenger Sale, The Challenger Customer, and The Effortless Experience. Learn more at challengerinc.com SALE.

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