unSEXY Conf 2013: Ryan Damico, Box

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Sales 4 Geeks: What I Learned about Selling to Enterprise & SMBs

Transcript of unSEXY Conf 2013: Ryan Damico, Box

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Sales 4 Geeks:

What I Learned about Selling to Enterprise & SMBs

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Prerequisite:

Win on Product

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2. Solve it 10X better than anyone else

1. Find a major pain point

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2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

ERA WebNotes Crocodoc

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Consumer Enterprise

Flash HTML5

Generalists Specialists

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Lessons Learned

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Build Trust

Fight startup perception

Build rapport

Be super responsive(+ sales hack)

Demonstrate commitment

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Understand the Customer

Know key players

Identify evangelist

Ask candid questions

Example: Wrong decision maker

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Generate Momentum

Momentum can make or break deal

Follow up proactively

Share steady stream of updates

Example: Missed opportunity

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Make it Easy to Say “Yes”

Know what’s important to customer

Do the customer’s homework for them

Sales hack: Mockups and browser plugins

Build sexy, sharable demos

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Establish Business Terms

Separate business vs. legal terms

Know basic types of terms

Iterate on pricing and discounting

Seek help from investors/advisors

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Negotiate

Optimize for the relationship

Establish key principles

Understand all deal levers

Always say “Yes,” with caveats

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Close the Deal

Avoid putting all eggs in one basket

Be flexible

Pay attention to tone and momentum

Be appreciative and positive

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SMB Sales

Dedicate time to cultivate SMBs

Experiment with features & pricing

Build self-service first, sales later

Promote and pamper your customers

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Wrap-Up

Win on product

Build trust and understand customers

Generate momentum

Make “Yes” easy

Negotiate terms and close deal

Avoid SMB sales pitfalls

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Q & A