Make Your Number

Subscribe to the Sales Force
Effectiveness Blog Via Email.

Your email:


april_webinar_cta

Sales Benchmark Index provides sales consulting services to leading organizations.

These companies are seeking to increase their rate of revenue growth. Unlike traditional sales improvement approaches, such as software implementations or skills training, we offer superior value because we rely on the benchmarking method to deliver results. This method of sales consulting allows for results to be delivered quickly with little organizational disruption. This is accomplished through the use of best-in-class diagnostic tools and solutions that are supported with verifiable proof. Each project is executed by the most experienced team of advisors in the industry.

Sales Force Effectiveness Blog

Current Articles | RSS Feed RSS Feed

Who is Responsible for Mapping the Buying Process? A Sales Consulting Firm’s POV

  
  
  

Sales Consulting Firm Buying ProcessOur sales consulting firm has helped dozens of companies map the buying process for their product or service.  Over time, we have developed a process to do this correctly.  Part of this process is to assign this responsibility to a department.  Here is what we have learned:

Sales should not be burdened with the task of mapping the buying process for their product or service.

Product Management should deliver to sales a buying process map for the product or service.

Why?

4 Reasons Why Product Management Should Map the Buying Process:

1 - It must get done and sales departments are not doing it.  Without a buying process map, you cannot sell effectively.  After a half decade of sales leaders talking about it, in the end, they don’t have the time.  Ask Product Management to get it done. 

2 - Product Management routinely speaks with suspects, prospects, and customers, as part of their job.  But, they can have a conversation sales cannot have, resulting in rich buyer intelligence.  It goes like this:

Hi my name is Sue. I am a product manager.  I am not a sales person and could not sell anything to you if I wanted to.  I am speaking to you today to better understand the market problems that exist with (insert problem your product solves). This understanding will allow us to invest our development resources properly.  This will result in new products that can help make your life better.

Would you please tell me as you began the selection process, what were you looking for? What were your selection criteria? How did you build the initial list of vendors?  Why did you choose vendor XYZ vs. vendor ABC? Etc.”

3 - Product Management has a running head start in that they already have buyer and user personas built.  They have to provide development with product requirements.  Step one in developing product requirements is to do the research that goes into the personas.

When sales are tasked with mapping the buying process, they build personas from scratch. I am not sure why sales insist on duplicating work that has already been performed, but they do it every time.  Marketing (Cats) and Sales (Dogs) continue to fight. Leverage what has already been built.

4 - Product Management is organized, as a department, by product.  A product manager is measured on how much revenue her product is producing. This means she only cares about how her target buyer makes a purchasing decision for her product.  This results in several buying process maps, one developed by each product manager for each product.  This is how it should be done.

Sales, as a department, are not organized by product.  A sales leader is not measured on how much revenue a single product produces but rather, his total revenue produced across all products.  This means he wrongfully performs a single buying process map, with no recognition of the different purchasing processes for each product.  Worse, he builds a single sales process and forces his reps to use a generic sales methodology that frustrates buyer/seller due to its lack of relevancy.

Call to Action for Sales:

  • Go make a deal with product management. Tell them if they will provide you a buying process map for each product, you will build a corresponding sales process.  You both win because more products will get sold.
  • If you have a single sales process but more than one product, recognize you have a problem. Find out the specific problems each product solves, for who, and how the target buyer decides on a solution.  Then, build custom sales processes for each.
  • If you have an off-the-shelf licensed sales process that is not universally adopted by the field, stop wasting the reps time by trying to enforce it.  These sales methodologies have been around for 30 years and have never worked as advertised.  They are not going to magically work this year.
  • If you don’t have a sales process at all, get one and fast.  Companies that have one out perform those that don’t have one 5x.

What do you think sales leaders?  Can you better leverage those smart people in product management?

If you enjoyed this post, get free updates by subscribing by Email or RSS.

Sign up for our next webinar: Each month a sales consultant from our firm presents a best practice taken from one of our clients.  You can sign up for the next one here:

feb_webinar_cta

Comments

While I agree with your premise that sales should not be burdened, nor are they the best qualified to map out the buying cycle for a product. I don’t agree that Product Management is the appropriate department in most companies, particularly larger companies that have separate Product Management (PM) and Product Marketing (PMM) functions. You mention buyer and user personas being handled by PM. Both PM and PMM routinely speak with suspects, prospects, and customers, as part of their job. However, PM handles user personas and PMM is responsible for buyer personas. Therefore, Product Marketing is the group that should be responsible for building a buying process map for the product or service.
Posted @ Friday, January 27, 2012 5:33 PM by Russ Gould
Russ- I wish it were so. In a perfect world, PMM would handle it. But, my experience has been that PMM in large software companies is nothing more than glorified Marcom, reacting to every one off request from the field. As a result, they often don't have the time to perform the strategic work, such as researching buyer personas. Maybe we need to start a conversation around role definitions. What should PM, PMM, Marcom, Field Marketing, Sales, etc. be doing? Where are the lines drawn?
Posted @ Monday, January 30, 2012 4:42 PM by Greg Alexander
Post Comment
Name
 *
Email
 *
Website (optional)
Comment
 *

Allowed tags: <a> link, <b> bold, <i> italics