Sales Enablement Best Practices

14
#openlounge 4 Fixes that Enable Sales Peter Mollins VP of Marketing, KnowledgeTree @petermollins Brian Groth Sales Enablement Manager, Xactly @briangroth

description

Presentation on sales enablement and best practices for equipping your sales team. Presented by KnowledgeTree and Xactly's marketing and sales enablement teams. This presentation on sales enablement was given at Dreamforce in the Open Lounge.

Transcript of Sales Enablement Best Practices

Page 1: Sales Enablement Best Practices

#openlounge

4 Fixes that Enable Sales

Peter MollinsVP of Marketing, KnowledgeTree

@petermollins

Brian GrothSales Enablement Manager, Xactly

@briangroth

Page 2: Sales Enablement Best Practices

“Why waste our life in friction when the same effort can be turned into momentum?”

~ Adapted from Frances Willard

Page 3: Sales Enablement Best Practices

#openlounge@petermollins

The Changed Funnel: A Complex Conversation

Marketing

Sales

Marketing andSales

Page 4: Sales Enablement Best Practices

#openlounge@petermollins

95%

5%

Buyer PreferencePurchased From Vendor Who Provided

Content

Vendor Provided Ample Content

Inadequate ContentProvided

1. Support Consensus

Source: DemandGen Report

20People Have to Give

Consensus in the Average B2B Sale

Consensus depends on effective messages

Source: Four Quadrant

Page 5: Sales Enablement Best Practices

#openlounge@petermollins

2. Build Trust in Every Conversation

61%

Of sales people add no value to the sales

processSource: Forrester

According to Enterprise Buyers…

Are sales teams sharing ‘popular’

or ‘proven’ messages?

Page 6: Sales Enablement Best Practices

#openlounge@petermollins

3. Make Every Second Count

Sales

Content Waste% Used By Sales Team

70%

25%

Of B2B Marketing Budgets Goes to

Content

Never UsedBy Sales Team

Source: ITSMA & SiriusDecisions

but

Time Wasted% of Sales Person’s Day

30%

Of Sales Team’s Day Spent Looking for or Building Messages for Prospects

Source: CEB

70%waste

Page 7: Sales Enablement Best Practices

#openlounge@petermollins

4. Repeat Your Best Practice

82%

39%

Quota Attainment% of Sales Team

2xDoubled Quota Attainment for

Teams that Encourage Best Practice

How do your best sales people message to prospects?

Source: Aberdeen

Page 8: Sales Enablement Best Practices

#openlounge@petermollins

How the New Funnel Affects Go To Market

1. Support Consensus Buying

2. Build Trust in Every Conversation

3. Make Every Second Count

4. Repeat Best Practice

Peter Mollins

[email protected]

Page 9: Sales Enablement Best Practices

4 TOP WAYS MARKETING FAILS SALESAND HOW TO FIX THEM

B R I A N G R O T H

S A L E S E N A B L E M E N T M A N A G E R

X A C T L Y , C O R P O R A T I O N

O C T O B E R 2 0 1 4

Page 10: Sales Enablement Best Practices

1. Content Creation

Marketing

• Messaging Framework• Datasheet / Factsheet• Case Studies / Customer

Stories• Sales Pitch (maybe)

Sales

• Cold call scripts• E-mail templates• Competitive

comparisons/objections • Sales Pitch (on their own)

Fix: Define ownership & input for creating customer-facing content

Content t

hat

positions

Content t

hat

advances the

sale

Page 11: Sales Enablement Best Practices

2. Content Management

Marketing

• Product info– For web & social sharing– For e-mail newsletters

• Product info– By industry– By persona– By content type

Sales

• Available immediately• Easy to share• E-mail template when needed• NDA, Order Form, etc. when

needed• Product info when needed

Fix: Think of sales as another channel needing quick responses

Managing

content t

ypes &

channels

Right c

ontent a

t the

right t

ime

Page 12: Sales Enablement Best Practices

3. Motivation

Marketing

• Pageviews• Downloads• Social shares• Buzz• New leads

Sales

• Quota• SPIFF• Gamification• President’s Club

Fix: Educate marketing on the variables in the sales commission plan

Reach & u

sage

of the conte

nt

Rewards &

recogniti

on for

closin

g deals

Page 13: Sales Enablement Best Practices

4. Sales Process

Marketing

• Generate Brand Awareness• Generate Leads• Sales Accepted Leads (SAL)

Sales

• Sales Qualified Leads (SQL)• Needs Analysis• Value Proposition• Proposal• Negotiation• Close

Fix: Have shared metrics, such as SAL and SQL

Pre-s

ales

Closin

g

Page 14: Sales Enablement Best Practices

4 Top Ways Marketing Fails Sales And how to fix them

1. Content Creation: Define ownership & input for creating customer-facing content

2. Content Management: Think of sales as another channel needing quick responses

3. Motivation: Educate marketing on the variables in the sales commission plan

4. Sales Process: Have shared metrics, such as SAL and SQL

Brian Groth

Sales Enablement Manager @ Xactly

[email protected]