Nov 25, 2020 Arise GTM

Crush quota with 10 B2B sales strategy frameworks

Ten B2B Sales Frameworks
42:01

Whether you are new to sales or an experienced sales rep or sales leader, selling b2b products and services is continually evolving. In this article, we analyse ten usable frameworks that can work for you and offer insights into some of the most effective b2b sales strategies. From asking open-ended questions to completely changing your current sales process. We have a strategy for sales reps of all levels.  

Content Table

 

10 Sales frameworks for reps of all levels

Solutions selling

The Challenger Sale

SNAP sales process

SPIN Selling

Sandler Sales Method

Conception Selling

MEDDIC Sales

NEAT Sales Process

Target Account ABS (Account-based sales)

Inbound Sales

How to sell for B2B sales reps

 

Research from Gartner highlights a growing trend in the customer buying journey. Gartner’s found that by the time a customer contacts a sales rep, they’re around 57% of the way through the buying decision-making process. It also revealed that prospects take control of their research and education, coming into the sale with preconceived ideas about how much they’re willing to pay for the features they want.

10 Sales frameworks for Sales reps of all levels

For this reason, we wrote this article to offer sales specialists support and guidance in choosing the correct sales approach to match their current experience, product and, where possible, the employment industry.

The Solutions Selling Method

This strategy is best for new sales reps or those originally from high-pressure sales backgrounds.

The core point of solutions selling is that the sales rep assesses the prospect’s needs and diagnoses the right products or services to fulfil those requirements. The Solution selling approach focuses on why the chosen product is a better fit than the competition.

However, solution selling as a strategy will not suit every sales team. It is most effective when the sales rep sells solutions alongside insights that stimulate the customer to purchase.

When Should You Use Solution Selling?

Solution selling is perfect if you are selling highly bespoke products or packages. An example would be when a company offering cloud storage with maintenance and security services creates a unique bundle for each customer. The rep will figure out how much data the prospect needs to store, how many devices they'll be accessing their files, what kind of extra features and support they will need, etc.

Solution selling splits into six steps:

    1. Being an expert in your products or services
    2. Identifying the prospects' pain points
    3. Starting the selling process through consultative questions
    4. The education process
    5. Providing maximum value
    6. Closing the sale

A massive benefit of solution selling is that offering support throughout the entire sales process enhances the prospect's selling experience. When solution selling, the salesperson will support the prospect at each step of the customer journey and ensure their solution resolves their problem.

Conventional sales techniques don’t work when products and services are:

  • Hard to describe
  • Intangible
  • Expensive
  • They have long sales cycles.

Solution Selling Sales Process

“Solution selling” is used pretty broadly these days, but salespeople using this methodology typically follow this sales process:

Prospect: Look for a buyer with a problem their product solves

Qualify: Understand the decision-making unit (DMU)

Discovery: Diagnose the buyer’s needs

Add value: Develop a customer champion; gain access to key decision-makers

Present: Share a custom solution; demonstrate its ROI

Close: Come to a mutually beneficial agreement

Traditionally, B2B buyers have sat in the driving seat with a strong understanding of their problems, a shortlist of potential solutions and a defined budget and evaluation process for selection. Therefore, their buying cycles are more straightforward, shorter, and predictable.

A recent article published by McKinsey doubts solutions selling, citing a lack of cohesion between the framework and the business model's commercial goals. However, despite the negativity towards solutions selling, newly hired BDRs would do well to start with this approach as they learn the basics of consultative sales.

pros-cons-solution-selling

 

Check out this resource to further develop your or your sales team's abilities to adopt the Solution Sale.

The Challenger Sale Method

Best for products such as Saas, digital services, or websites suited to experienced sales reps.

The challenger sale is a process that focuses on taking control of the sales experience through education and tailoring it to the client’s specific needs. This methodology suggests that with the proper training and sales toolkit, salespeople can take control of any customer conversation and increase their closed deals.

If you skip back to the opening of this article, we explain Gartner’s research and how today's buyers operate pre-sales conversations. It’s in this environment where the Challenger sales model shines. These prospects aren’t as interested in product features and benefits as they are already well-researched. Today’s buyers have access to high-quality information readily available on the Internet.

However, buyers aren’t confident in their buyer journey; they are increasingly feeling inundated by seemingly endless good choices and need help in their decision-making process. If they reach out to a sales rep, they are most interested in the experience and ‘why’ they should buy—as opposed to ‘what’ they should buy.

The challenger sales methodology can be adopted using a five-step process.

    1. The warmup
    2. The reframe
    3. Add emotion
    4. The value proposition
    5. Advise solution

Step 1: The warm-Up

Your first challenge is to build credibility with your prospect. Sales reps must show they recognise the challenges they’re facing. Therefore, sales reps must research and investigate the prospect’s pain points, challenges and needs in-depth.

Most sales methods require reps to emphasise what your product does. However, the Challenger sale stipulates that sales reps discuss the prospect’s needs instead. You never mention your solution at this stage; instead, the conversation focuses on the prospect’s problem.

Things to do:

  • Show your prospect why you’re contacting them: Discuss typical issues they might be dealing with and demonstrate empathy.
  • Prove that you’re the expert: Provide evidence you have the required experience to understand and deal with your prospect’s problems.
  • Pique their interest: Present facts, case studies or research about the problem that might arouse their intrigue.
  • Get connected: Interact with prospects through video, visuals and interactive content to engage in the discussion and identify their crucial pain points.
  • At this point, you want to have a thought-provoking conversation with your prospect. These early conversations lay the foundations for selling later on.

 

Step 2: Reframing the conversation

During step 1, the warm-up, you may have identified the prospect's biggest problem is landing customers or that their customer acquisition costs are too high. Reframing the conversation focuses on identifying the crux of the prospect’s issues and reframing them as opportunities for growth.

As you investigate, you begin to break down any misconceptions the prospect has about how you can solve their challenges. By bringing new perspectives to the conversation, your opportunity should slowly shift their mindset away from their preconceived ideas and see your solution as the answer to their problems.

When you finish assessing the issues, you should tell the prospect that the solution they initially had in mind isn’t suitable. You reframe the conversation around better solutions by challenging them to accept this, even as a theoretical solution.

You can do this by:

  • Sticking to the subject: Address concerns raised in step 1 and reiterate understanding, knowledge and expertise.
  • Challenge the prospect to reconsider their misconceptions. Ask them to consider how the solution they initially considered isn’t as effective as alternative methods they could use.
  • Addressing the problem confidently: Redirect the conversation fearlessly and assuredly. The more confident and relatable you are, the more trusted you are to present alternative solutions.
  • The objective of this step isn’t to sell. Your goal is to evoke curiosity in the prospect and encourage them to consider alternatives.

 

Step 3: Use emotion

It doesn’t matter how good your b2b product or service is or how many features it has; emotion is the key to the final buying decision. According to Professor Gerald Zaltman, up to 95% of our decision-making is subconscious and usually driven by our emotional reactions.

The more a prospect can personally relate to a product, the more likely they will buy it.

Presenting your prospects with relatable customer stories is a great way to show them personal value. Stories of customers who have had similar problems enable them to see themselves as the main character. By demonstrating how these other customers benefited from a new solution, you can help them see how they could also prosper.

Once you show that an alternate solution could resolve their challenge, they are forced to change their old ways of thinking.

Now, your opportunity is to help them visualize using a new solution; you can take the emotional journey further by showing what happens if they don’t change their perspective.

Do this by:

  • Storytelling: This delivers an emotional impact. Tell a story that depicts what will happen if the status quo is maintained. Make your story relatable by addressing pain points, challenges and failing solutions.
  • Use case studies: Counteract your storytelling with real-life success stories—the case studies of people whose problems you solved by using these alternative solutions. Use visuals when presenting or sending an email, as pictures and videos last longer in people’s minds than words during a sales pitch or presentation.
  • Performing research: Provide invaluable insight to resonate with concerns and aspirations. Back up your argument with data to rationalise your statements.
  • It’s now that you get your ducks in a row. If you’ve played this right, your prospect can’t see the benefits of maintaining the status quo.

 

Step 4: The value proposition

It's time to refocus your opportunity to focus on the new path you have constructed for them.

Don’t introduce your product or service as the solution yet. Instead, focus on showing your prospect that you can solve the challenges.

Frame your solutions by:

  • Present a positive future: Previously, you used bad endings to frame your understanding of the prospect’s situation. Now, flip this story to show what the future will look like if they decide to take action.
  • Be solution-focused: ensure you guide the prospect into connecting the dots for themselves.
  • Play the long game: Take time to explain anything the prospect is unsure of or doubting. You are changing their mind; moving too fast will cause the opportunity to back out and build walls.
  • It seems counterintuitive, but the ultimate goal in this step is to educate the prospect about what the ideal solution looks like without ever mentioning your product. Do it right, and your opportunity will sell itself on your answer before you ever do.

 

Step 5: The product

You’ve now done the hard work. Reframed the prospect’s problem, gained the trust and offered a solution to solve it. Now is the time to show your opportunity and how your product or service is the perfect solution.

Follow this framework, and you will quickly close the sale. Depending on what you’re selling, you might offer a demo or a detailed walkthrough of what working with your company would look like.

pros-cons-challenger-sales-methodology

Check out this resource to further develop your or your sales team's abilities to adopt the challenger sale.

 

The SNAP Sales Process

Best for sales reps dealing with busy senior leaders and decision-makers, suited to experienced sales reps.

The SNAP sales methodology helps your sales team understand your customer’s decision-making process.

There are four essential components:

  • Keep It Simple: Understand that your prospect is busy and has a short attention span. They will avoid complex situations. Make it simple for your persona to change their current habits and adopt your solution.
  • Be iNvaluable: Your goal is to quickly become a trusted expert for your prospect, showcasing the value and standing out from the competition.
  • Always Align: You have to align business objections with core beliefs. Prioritise making people want to work with you.
  • Raise Priorities: Your prospect—and their organisation—will have priorities. To succeed, you will need to understand and tap into those priorities.

Three Critical Decisions

There’s always more than a single decision involved with any deal—it’s not merely whether to buy. There are three specific decisions:

  • to allow you access
  • to move away from the status quo
  • To change resources

By adopting SNAP Selling principles, you and your reps are better suited to interact with busy prospects and distribute valuable knowledge to match your product or service with issues important to your buyer, enabling a smooth path to purchase.

The SNAP Factors

Overwhelmed prospects will consider numerous things while you are explaining your solution to them.

  • Is this solution simple, or will it be too complex to implement?
  • Is this person adding value to my time?
  • Is this solution align with our priorities?
  • Is the implementation or purchase of this solution a priority, or can it wait?

Use these four core elements of SNAP selling to get into your prospect's head. With SNAP Selling, you can ease their restraint and make them more receptive to your approach.

You must emphasise personal value and technical expertise. Should your prospect value the information and knowledge, you guarantee their loyalty to your solution.

Also, drip-feed information so that you do not overwhelm your prospect. More so, you must ensure that your prospect’s priorities become yours. Doing so will both be on the same page and help you deliver the candidate's needs in time.

The Spin Selling Technique

Best for software solutions and digital service providers. Great for sales reps with some experience in corporate sales.

If you’re selling B2B, you’ve likely heard of SPIN Sales. It’s one of the oldest and most well-known selling systems. SPIN gives reps a research-backed framework for working and closing complex deals with extended sales processes.

The great thing about SPIN selling is that you can use it alongside your current sales methodology. The SPIN strategy focuses on active listening, translating the prospect’s needs into your product’s features, and asking good questions in the proper order.

It’s a perfect accompaniment to Inbound Sales.

The SPIN sales method requires four groups of questions. These four categories give SPIN its name.

  1. Situation
  2. Problem
  3. Implication
  4. Need-Payoff

For those who haven’t heard of the SPIN technique, it’s a sequence of questions based on different topics. Each topic is strategic to probe for answers, but they are not predefined questions to be quoted verbatim but instead to be asked in a particular order.

During your sales call, you open with situation questions, progress to problem questions, etc. Each set of questions fulfils a critical function in the sales process, building towards the need-payoff questions that close the deal.

Situation Questions

Situation questions form the basis of your sales cycle. The answers to these questions help to understand the prospect and their immediate situation (hence the name) regarding your product or service.

Situational question examples:

  • How are you tracking your customer’s contact details currently?
  • How do you currently track your sales pipeline?
  • How do you oversee your own or individual sales reps' performance?

You will use the information gleaned from these questions throughout the sales cycle.

However, the more research you do during your prospecting stage, the more extracting and definitive your questions will be—and the more valuable the information will be.

Problem Questions

Problem questions alert the prospect to the need to solve some problems. You will use these problems and issues to drive the sale forward gently but firmly.

These types of questions are effective at helping a prospect identify issues that have previously been unobserved.

Problem question examples:

  • Did you find the training required to use your current CRM a problem?
  • Is it expensive to update your CRM, add new users, and so on?
  • What are the biggest obstacles faced so far in managing your sales pipeline?

These questions highlight the potential implications of the problems when the prospect’s issues are not identified.

Implication Questions

When correctly phrased and asked, impact questions clearly demonstrate to the prospect that their problems require solving sooner rather than later.

Implication question examples:

  • If reps don’t input leads into your CRM system, what’s the impact on your sales forecasting?
  • If managing your CRM is lengthy and expensive, does that make onboarding new reps painful?
  • If you can’t accurately forecast, how much time do you have to apply a fix if you anticipate your sales reps are falling short of their targets?

Need-payoff Questions

Once you convince your prospect that the situation will deteriorate if it isn’t rectified, you must get them to consider how valuable a real solution to the problem or issues would be. That is the point of the Need-payoff questions.

Need-payoff question examples:

  • Why is being able to have forecast reporting of your sales pipeline vital to you?
  • If you could reduce the time spent training new staff on your CRM, what impact would that have?
  • If you could see the opportunities in your pipeline at a glance, how would that help you achieve your sales targets?

To get results with need-payoff questions, you must ensure the buyer specifies the benefits themselves. Please encourage them to visualise and imagine the difference and potential outcomes with that problem solved. If you answer these questions correctly, your customer will tell you how your product will help and close the deal for you. Need-payoff questions need to evoke a feel-good factor.

If you are looking to develop your or your sales team's abilities to adopt the SPIN sale, check out this resource.

The Sandler Sales System

It is best for new sales reps or to re-educate high-pressure sales reps. It is also great for software and services with significant value pricing.

The Sandler Selling System derives from David Sandler’s fascination with WWII movies about submarines. Inspired by the idea that a submariner closes each compartment after himself to lock it shut to prevent danger from following him. The Sandler sales technique requires the same procedure to avoid “disaster” on a sales call. Your goal is to move through each compartment or step of the selling system to arrive safely at a successful sale.

In many ways, the Sandler sales process resembles a traditional one but emphasises the qualification stage more than the closing stage. While typical sales processes are known as funnels, the Sandler sales process is shown by the “Sandler Submarine.”

 

the-sandler-sales-system

 

 

The Sandler methodology instructs reps to act as consultants rather than to convince the prospect as a typical sales rep does.

With three clearly defined stages, the Sandler system focuses on preventing games from being played during the sales cycle.

Building and sustaining the relationship

You lead by setting clear expectations and guidelines for the final decision, all while being open and honest and building the relationship.

  • Bond and connect: Develop a positive relationship with your prospect based on mutual trust. This leads to effective communication throughout the consultative sales process.
  • Up-front contracts: Define the steps for each stage of the process. Agree on when and how you and your prospect will further communicate and what will happen during each phase.

Qualifying the opportunity

Determine if there is a good fit with your prospect’s needs, budget, decision-making process and timeline.

  • Pain: Uncover the prospect's top-level issues, the underlying reasons for those issues, and the personal impact of those problems on the opportunity. Ask plenty of questions, probe deeply, and if you hear particular painful issues, dive deeper into those. The real problems they need to solve might not be the obvious ones.
  • Budget: Rather than naming a price, the Sandler sales process requires that you ask the prospect for practical financial guidelines. Don’t approach this sales method with particular numbers in mind. When applicable, you should also ask about other potential budget concerns like time and personnel.
  • Decision: Qualify your prospect of decision-making power before moving forward. If that person can sign deals off, ask the right questions to get them to make a final decision. Then, if all is well, ask if anything else could prevent the prospect from going forward.

Closing the Sale

If your prospects qualify for your product or service, you make a no-pressure presentation, confirm the terms, and set expectations for delivery and referrals.

  • Fulfilment: Now that you have earned trusted adviser status, you still need to ask questions to fulfil the prospect’s expectations. After ensuring the decision-makers and stakeholders are satisfied, it’s time to sign the contract and kick off.
  • Post-sell: Once contracts are signed, maintain the relationship with the client to ensure the solution is right. If so, ask for the referral of a happy client, and new prospects can appear to repeat the process.

Here are the seven steps of the Sandler sales method:

  • Bonding and rapport
  • Up-front contracts
  • Pain
  • Budget
  • Decision
  • Fulfilment
  • Post-sell
 

Bonding and rapport

Establish a good rapport with your prospects from your first interaction. People tend to do business with people they like and trust. 

Upfront contracts

Set an upfront contract before every meeting that includes;

  • Time and place
  • Purpose
  • Clients Agenda
  • Your agenda
  • The outcome of what success would look like

Pain

Uncover your prospect's pain between where they are and where they want to be. You can't create solutions until you know the full scope of the problem.

Budget

Set an upfront contract for the negotiation phase to discuss your prospect's budget. Find out if and how much money is available for the sale.

Decision

Review what's been covered and start gathering information. Your goal is either;

  • Disqualify the prospect
  • Determine that you need to meet with more people to qualify the prospect.

Fulfilment

Once you have gathered the critical information, make your presentation here, which is late in the sales process. It should focus on the pain you uncovered, meet the budget parameters you identified and target the decision-makers.

Post-sale

Close the deal at this final stage.

  • Counteract the buyer's remorse.
  • Preventing the loss of the sale to the competition or the incumbent
  • Setting an up-front contract about the next steps.

Check out sandlerselling.com to further develop your personal or sales team's abilities to adopt the challenger sale.

The Conception Selling Method

It is best for experienced reps who spend time on the phone or sitting behind substantial ad campaigns.

Concept Selling's core objectives and deliverables are to improve the prospect's operation/OEE/efficiency and uptime. They also focus on reducing labour costs and increasing profitability.

The concept selling framework is designed to reach prospects who may never have heard of your company or the benefits of your products and services before this current outreach.

There are vast numbers of these prospects within your target industries, and it is likely that your company is already aware of this untapped potential and has spent time and resources heavily researching the potential audience.

Examples of companies that use the selling concept are life insurance and timeshare companies or double-glazing and homeware businesses. Salespeople in these industries research their target demographic and focus their advertising and promotion on the research results to sell as many units of a product as possible.

Conception selling lends itself to solving the following within an organisation:

  • Automating, implementing lean architecture, improving and streamlining a business process
  • Reducing labour and associated operational costs
  • Optimising total quality, total efficiency and OEE within an operational business model
  • Alleviating process headaches, intricate reporting procedures and unreliable paper-based systems
  • Cost-effective techniques to increase productivity and profitability – whilst using the same or less head-count
  • Process or continuous improvements – quality standards, initiatives for excellence
  • Improvements to alleviate costs and pressures put on their operation due to customer demands
  • Business improvement knock-on-effect to increase customer satisfaction and retention
  • Competitive & strategic advantage
  • Improving overall operational business efficiency

To further develop your personal or your sales team's abilities to adopt the challenger sale, check out this resource.

The MEDDIC Sales Methodology

MEDDIC is best for enterprise sales cycles and experienced sales reps and works best with organisations with complex structures.

MEDDIC is the most renowned Sales Qualification Methodology applicable to any complex Enterprise Sales Process. MEDDIC is also known as the MEDDIC CHECKLIST or the MEDDIC SALES PROCESS.

So, what does MEDDIC stand for?

  • Metrics: Quantification of the potential gain and economic benefit
  • Economic Buyer: Engaging the decision-maker who controls funds
  • Decision Process: Process defined by the company to make a buying decision
  • Decision Criteria: Criteria the company uses to make the purchase decision from chosen options
  • Identify Pain: Identify the company's pains requiring your product/service.
  • Champion: Influential person(s) at the company who is behind your solution

MEDDIC has helped many sales teams and reps achieve exemplary results. The stats show growth rates 30%+ in saturated markets, and in start-up marketplaces, 250%+ is possible.

As a sales rep, your goal is to ensure a profitable return on your efforts, and the MEDDIC sales framework, like Sandler, emphasises the prospect a lot.

The MEDDIC qualification process prevents you from chasing bad leads, better understanding and qualifying prospects.

What is the advantage of using the MEDDIC Checklist?

  • Monitor stages of qualification/progress of a deal
  • Self-assessment by each salesperson
  • Flows to the next deal stage during the sales conversation
  • No Discounting to close a deal
  • The client creates pressure to close the deal
  • Improves the accuracy of deal forecasts
  • Better revenue through sales efficiency and better qualification
  • Reduces costs thanks to early disqualifications of bad deals
  • Creates common language within the sales team

Metrics

It would be best if you had qualified metrics from your target companies to define your solution's quantifiable benefits.

For example, if your prospect’s goal is to increase their revenue by 15% in the next month, you can define how your product or service will help them achieve that target.

The right metrics will help you identify exactly how your solution will help them.

Measure the prospect’s current and future state (after product implementation), then quantify the benefits.

Economic Buyer

The economic buyer, often the decision-maker, controls the funds and can make the final decision on the deal.

Under MEDDIC, you invest time and effort in identifying who can accept or reject your offer. If you convince this person, your chances of closing the deal improve significantly.

So, how do you find your decision-maker? Try a few of these to help you:

  • Who signs off on a purchase decision in your company?
  • Are you the only stakeholder in this project?
  • What’s your role in the decision-making process?
  • Who makes the final decision when it comes to choosing a vendor, supplier or solution?
  • If you own the project, do you make the final purchase decision?

Decision Criteria

The MEDDIC sales methodology focuses on the sales rep developing a deep understanding of a company’s technical, legal, and commercial buying decision criteria.

An example;

Your prospect wants to integrate a new CRM into their existing tech stack but has a set budget that they won’t move on and won’t negotiate.

Understanding your prospect's considerations while evaluating the new product can help you determine whether you can deal with them.

If there is no deal to be had, don’t waste your time or the prospects. Instead, move on to a deal that will more likely convert.

Decision process

No, we aren’t repeating ourselves here; the criteria for deciding differ from the process.

This stage of the MEDDIC sales framework tells you how the buying decision was made.

It's the path taken by the business to reach a purchasing decision. Therefore, you must identify the company's process for purchasing a solution.

By understanding this, you can monitor how close the organisation is to a buying decision.

Here are a few questions you can ask the prospect to understand their decision process.

  • What are the steps usually taken to reach a buying decision?
  • On which timeline is it based?
  • Can you describe the approval process and who is involved in it?

Identify the pain

Most companies only look for a solution once the pain they face is unbearable and they can no longer cope.

These businesses want to deal with reps who understand their pain and can deal with their issues.

It would be best if you were as specific as possible in suggesting a potential solution while investigating the prospect’s pain.

As an example,

Saying that the company's CRM is a problem doesn’t give you the root cause of the issue. It’s generic and high-level and won’t enable you to close a sale.

It is essential to know that the CRM is too challenging to manage, the sales reps won’t use it and are demanding something more intuitive, and the sales manager needs better visibility.

You’ll be able to explain why they should consider your product and highlight the potential risks of not addressing the problem.

Champion

At this stage of the MEDDIC sales methodology, your job is to focus on finding your Champion – that influential internal person who will benefit if the pain is solved.

These Champions often act as a helping hand in getting the product implemented and gaining internal traction.

Once you have their trust, they will dive into your solution to resolve their issue immediately.

Having an insider of the company at your side increases the chances of closing a deal.

If you want to develop your personal or your sales team's abilities to adopt the MEDDIC sale further, check out this resource.

The N.E.A.T. Selling™ process

This framework is best for SaaS sales reps at any level as long as it is implemented as a standardised solution in your organisation.

Reps who use the N.E.A.T. sales methods value listening and diving deeper into a prospect's wants and needs rather than SPEAKING. This requires using two ears and one mouth in that order.

N.E.A.T. stands for:

  • Need
  • Economic impact
  • Access to authority
  • Timeline

The N.E.A.T. sales qualification framework is considered extremely useful. Sales reps who use it find that they understand their prospects’ needs better while eliminating bad-fit prospects.

Need

Firstly, identify what your prospects need.

Your job is to find the pain, not the superficial pain, the root cause of the problem. Empathy will be crucial in the Need stage of the NEAT sales methodology. Put yourself in your prospect's shoes and challenge yourself to think deeply about what could be bothering them.

Economic impact

Secondly, think about how those needs impact the prospect's finances.

You have to discover the prospect's current financial situation and establish that your solution's cost will be a benefit. For example, should your prospect's CRM require expensive add-ons and further training to upgrade, will your solution cost less and include all those features with an intuitive user interface? You can show the savings in both time money and adoption.

Access to authority

Third, how do you access the person with authority to make decisions?

As your prospects’ companies grow, there will undoubtedly be a higher number of stakeholders involved. You must understand who has the authority to sign deals and how political relationships work in the organisation.

At this point, organisational charts are crucial to mapping this out, and a CRM like HubSpot, with its connected marketplace apps, would work well for your own sales organisation. You must know who is involved in the final decision, as you may never have access to them beforehand. Therefore, it is essential, no key to your success, to know whom to ask for access to and at what stage of the process.

Timeline

Lastly, What’s the likely timeline for getting the deal?

Don’t guess or assume at this point. This is about the cold, hard facts. With so many moving parts in a sales deal, you must digest everything and be pragmatic in dissecting the sales prices and obtaining a timeline.

You aim to establish a timeline or sign-off date and keep your prospect keen and eager to close to it.

If you want to develop your personal or your sales team's abilities to adopt the NEAT sale, check out this resource.

The Account-Based Sales Method

This is best for enterprise products and services with long sales cycles, which require sales reps to work closely with marketing.

Account-based selling (ABS) is today's hot approach for enterprise b2b sales organisations. This approach requires treating the whole company (account) as the prospect rather than any single decision-maker (contact).

The focus of this strategy requires you to work closely with your marketing team; it is the height of marketing and sales alignment. Develop your org chart for the company and devise a content and touchpoint strategy that allows you to influence each decision-maker and influencer simultaneously. For ABS, your content (marketing) must be aligned with your sales goals.

This strategy completely reverses the inbound marketing and sales strategy, focusing on influencing single or c-suite members. ABS targets the whole organisation and identifies multiple potential stakeholders and decision-makers to contact.

An ABS Framework

1) Align your team

Account-based sales rely on you, targeting your prospect organisation at every level. You need input from your company's equivalent teams in sales, customer success/service, marketing, and potentially finance to do this effectively.

Gather your reps together and explain how you have sold to previous customers of equal size and status. Have marketing show results from previous campaigns that targeted companies alike and customer success to discuss how they are keeping equivalent companies happy and the issues they resolve. Finally, your finance team will tell you which company types provide the best MRR or ARR.

2) Define your target companies

Identify and list the characteristics of companies that are likeliest to close, including:

  • Industry, market, and vertical(s)
  • Number of employees
  • Decision-makers (LinkedIn)
  • Revenue
  • Financial performance
  • Type
  • Market share
  • Location or number of offices
  • Historical growth
  • Predicted growth

3) Review your CRM

Your CRM holds a wealth of information about your ideal customers. Review your closed-won accounts to see which ones are most profitable, least likely to churn, etc.

4) Identify their technology

In my previous article, I discussed developing a standardised sales process and the need for the right technology to identify your prospect's tech. You can do this with a few Chrome browser plugins; BuiltWith and Wappalyzer are two that spring to mind.

Use these tools to identify your product’s competitive and complementary solutions so that you are pre-armed with expert insight into their current tech stack. Use this information to build a picture of what works seamlessly, what clashes, what is expensive in relation to your product, and which is better. Think back to the MEDDIC approach at this point to complement ABS.

As an example, HubSpot and Qwilr integrate. That means a business using Qwilr for quoting purposes would likely be a good fit for HubSpot’s products since it wouldn’t need to change or modify its current setup.

5) Trigger events and behavioural data

By explicitly identifying the common traits, behaviours and events your targets share, you will quickly identify good-fit organisations from now on.

If, for example, many of your good-fit clients raised a series C investment round before signing, your campaigns should contain content and messaging that includes “What to do post-round C”.

However, not every data point is visible unless you and your teams focus on using your CRM cohesively. If, for example, your best-fit opportunities have come from industry events, establish what happened before the event that triggered an interest in your product or service.

If you want to develop your personal or your sales team's abilities to adopt the NEAT sale, check out this resource.

The Inbound Sales Method

Best for sales reps of all experience once the certification is completed, great for services and products.

The inbound sales methodology focuses sales reps on their buyer persona's needs, challenges, goals, and interests. You don’t rush to close the deal; instead, you meet your prospects where they are and guide them through the decision-making process.

By breaking down your prospect's digital behaviour during the awareness and consideration stages of the buyer's journey, the savvy rep can craft a highly personalised approach to each persona.

HubSpot recommends that you use the following four-part framework for your inbound sales process or the Inbound Sales Methodology:

  1. Identify
  2. Connect
  3. Explore
  4. Advise

As an inbound Sales rep, you must Identify strangers or good-fit potential customers with goals or challenges you can help with. You can then class these strangers as leads.

Once you collect your leads, you need to connect with them. Your goal is to help them decide if the challenge or goal is worth prioritising. If your buyer selects to solve it, you can move it into qualified lead status.

You must help the prospect explore their goals and challenges to assess whether your product fits them well. If so, you can reclassify these leads as opportunities.

Finally, your job is to advise the opportunity on how your product or solution is uniquely positioned to solve their problem in the buyer’s context. Should your buyer agree, you can close the opportunity, and they become customers.

For a great resource and free certification in the Inbound Sales methodology, check out the HubSpot Academy.

How to sell b2b for sales reps

I have covered ten of the most popular sales methodologies and frameworks for salespeople of all skill levels. Each is cited for the solution it is suited to and the sales rep's skill level. It would be best to decide how you feel about each style according to your current abilities and experience.

There are many more styles and methodologies available, and we most certainly advise you to train properly for those that are unknown to you. In many cases, your organisation can arrange that for you; if not, consider it an investment in yourself.

B2B sales are a high investment for high reward, and if you can cement a particular style that suits your personality and nature, there is no doubt that a standardised framework for you and your wider team will pay dividends. Now, go practice and ring that bell!

If you need help with your sales enablement process, don't hesitate to contact us at BIAS; from strategy to technology, we can help you achieve a successful outcome.

Published by Arise GTM November 25, 2020