The economic buyer reigns
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Transcript of The economic buyer reigns
The Economic Buyer Reigns With two recessions over the past decade, research
shows that B2B buyers have become more frugal -
requiring each investment to deliver quantifiable
bottom-line benefits, a quick payback and significant
return on investment (ROI).
Empowered by the Internet, these frugal buyers have
taken control of the decision making process, which
makes it more difficult for sales people to engage and
every deal is more competitive.
The condition termed Frugalnomics, where the
economic buyer is firmly in control of the buying cycle,
is not expected to end, even as the recovery takes hold.
This trend is forcing marketers to rethink the content they produce and dictates changes in how sales
needs to engage and facilitate the buying lifecycle. To fight Frugalnomics and meet the challenges
of today’s more empowered, skeptical and frugal buyer, B2B sales and marketing needs to
evolve from the current product / solution selling approach to an outcome/ value-based
methodology.
Overloaded:
Challenged to
do-more-with-less
Skeptical:
Thinks sales isn’t adding
enough value
Demanding:
Seeks the best value from
every investment
Frugal:
Requires every investment
deliver bottom-line impact
Meet Buyer-Frugalnomicus:
Over 90% of buyers rely on vendor content to
help identify issues, set strategy and make
purchase decisions
However, less than 1 in 4 are satisfied with / trust
this content
90% of buyers require a business case on most
investments
81% of buyers expect vendors to quantify ROI /
superior value of proposed solutions
However, 85% require 3rd
party research /
validation for credibility
Fighting Frugalnomics with Value-Based Sales & Marketing Alinean diagnostic demand generation and sales tools help your team better connect, engage and sell
to today’s economic-focused buyers:
1. Engage Despite Overload Buyers rely heavily on vendor provided content to help make purchase
decisions, especially white papers, but the effectiveness of this content
to connect and engage decision makers is slipping as buyers are
getting lost in information overload and the clutter of one-size-fits-all
campaigns.
Advice> One-to-one personalization of white papers can increase their effectiveness.
Traditional content can be easily converted into Interactive White Papers,
dynamically customizing messaging based on a prospect’s profile - precisely
matching the buyer’s industry, geographic location, size, stage and role in buying
decision, and pain points.
©2011 Alinean is a trademark of Alinean, Inc., in the United States. All other brands, products or
service names are or may be trademarks, registered trademarks or service marks of, and used to
identify, products or services of their respective owners.
For more information, please visit www.alinean.com
Alinean, Inc., 111 North Magnolia, Suite 1050, Orlando, FL 32801
TEL: 407.382.0005 | FAX: 407.382.0906 | TOLL FREE 866.693.6271
Engage
with Interactive White Papers 1 Diagnose
with assessment tools 2
Justify
with ROI Tools 3 Differentiate
with TCO Tools 4
2. Diagnose to Provoke Change Buyers have been forced to do-more-with-less, and as a result often
don’t have the time necessary to properly assess issues and identify
projects which could deliver savings and competitive advantage. At the
same time, budgets have been slashed, leaving <15% discretionary
funding for new projects / proposals. It is easier for buyers to maintain
the status-quo, than invest in innovation and change.
Advice> Vendors can help buyers pinpoint where it hurts most, and consult on the
available remedies. Diagnostic Assessment tools provoke buyer action by
benchmarking best practices, spending and performance to help identify
ailments, and delivering a roadmap of prioritized solution remedies- helping
drive executive level engagements earlier in the buying cycle, as key strategic /
discretionary budget decisions are made.
3. Justify Proposed Investments Buyers are inclined to not make significant investments in a time of
austerity, and as a result, sales and marketing needs to prove there is a
“cost of doing nothing”, and justify the bottom-line impact of proposed
projects.
Advice> Sales and marketing needs to justify proposed investments to ever more
economic focused buyers in order to advance stalled sales cycles. ROI tools and
campaigns can be used to engage and convince economic-focused buyers of the
benefits of proposed solutions, fast payback and significant return on investment
(ROI).
4. Differentiate Your Value Buyers today are focused on purchasing only what they most need, at
the lowest possible price. The focus on value from each investment has
never been higher, forcing sales and marketing to quantify the
advantages of their solution versus the competition, or stand being
knocked-out in later critical buying decision cycles.
Advice> Differentiating your competitive value is key with buyers often only focused on
the lowest price solution. Tools that prove your superior value and lower total cost
of ownership can help counter discounting and drive competitive wins.
Benefits of Demand Generation Benefits of Sales Enablement Personalize to connect better with
overloaded / skeptical buyers
Engage better with diagnosis and value
quantification
Drive 50% more leads than traditional
content marketing
More quickly advance prospects through
buying lifecycle
Engage higher, with economic-focused
executives
Elevate relationship from salesperson to
trusted advisor
Increase deal size / reduce discounting by 20%
Accelerate sales cycles by 20-30%
Double competitive wins
The Bottom Line Buyers have fundamentally and permanently changed, and savvy B2B sales
and marketing leaders recognize new campaigns and tools are needed to
connect, engage and sell to these empowered, skeptical and frugal buyers.
Join leading B2B firms leveraging value-based sales and marketing
programs and Alinean tools including: HP, IBM, Microsoft, EMC, Dell, Intel,
NetApp, BMC Software, SolidWorks, ShoreTel and AT&T.
Learn more at the Fight FrugalnomicsTM
Resource Center
http://www.fightfrugalnomics.com, or by visiting http://www.alinean.com,
or calling 407.382.0005.
How Do You Get Started?
Free Sales Enablement and
Marketing Assessment at:
http://alinean.com/diagnostic
or call 407-382-0005
©2011 Alinean is a trademark of Alinean, Inc., in the United States. All other brands, products or
service names are or may be trademarks, registered trademarks or service marks of, and used to
identify, products or services of their respective owners.
For more information, please visit www.alinean.com
Alinean, Inc., 111 North Magnolia, Suite 1050, Orlando, FL 32801
TEL: 407.382.0005 | FAX: 407.382.0906 | TOLL FREE 866.693.6271
demand generation Generate Highly Qualified Leads
Engage with Interactive White Papers
Diagnose with Assessment Tools
Justify with ROI Calculators
Differentiate with TCO Calculators
sales enablement Enable Better Sales Effectiveness
Diagnose with Assessment Tools
Justify with ROI Tools
Differentiate with TCO Comparisons