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Three Common Sales Challenges

Aug 29, 202324 min
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Episode description

In this episode, Brian Walsh joins us to address three sales challenges frequently encountered by salespeople and what they can do to solve them. He discusses:
  • Getting your buyer to rethink the way to address their problems after you’ve entered the account later on in their decision process. (01:34)
  • What to do if you don’t have access to the Economic Buyer. (9:26)
  • How to identify and develop a Champion. (14:12)

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Transcript

So let's work together to make sure that every time you and I talk and everybody else we talked to in your organization, together, everything we're talking about attaches back to the business outcomes. Otherwise you will have wasted a lot of time, and your CFO or was ever making that decision, is going to push back hard. You're listening to the Audible Ready Podcast, the show that

helps you and your teams sell more faster. We'll feature sales leaders sharing their best insights on how to create a sales engine that helps you fuel repeatable revenue growth. Presented by the team Enforce Management, a leader in B to B sales effectiveness. Let's get started. Hello, I'm Rachel clap Miller. Welcome to the Audible Ready Sales Podcast. I'm joined today by the Brian Walsh. Hi Brian, Hello, Rachel, so Brian. Today we are going to

tackle three common sales challenges as I love this topic. Yes, this is a good one. I was really excited when you sent me this one. This was good. Good, good those of you listening. As you can imagine, we get a lot of sales execution questions. They come in through social Brian will get him on LinkedIn. He gets them when he's doing his

trainings, and often there's some repetition in what people are asking. So I thought we would tackle three common sales challenges right now and have Brian kind of run through his best practices for dealing with them. And as you can see, he's very excited, and we're going to get started all right now. You've always decided to do podcasts with you. I didn't want you to think I'm not right. No, I know, I know the excitement is real, it's there, But today I know we like this topic. So let's

get started. The first one. We've all been in this situation. You're late to an opportunity, the buyer is farther along in their decision process, and you would like you've got to back it up. You've got to reassess the situation. Brian, let's start with this one. How do you get your buyer to rethink the way they're attempting to solve their problems? And then you know, consider you okay, great question. I think the first thing you do, and you know our friend day Day, it's his line,

make yourself equal before you make trying to make yourself better. So I think the most you have to do is be comfortable acknowledging where the customer already is. There's nothing wrong with that that I think at least then puts you on some even ground where you can start to then maybe get them to think a

little bit differently about things. And the first thing you've got to do to do that is be able to present a perspective on either the problem they're trying to solve or outcomes that maybe they haven't thought about yet, or from the problem or outcome side, at least taking where they are to another level. Right, Maybe they haven't thought about those problems deeply enough. Maybe they haven't thought about who else is impacted by those problems, or what are the consequences

of those problems? Right, there's pain associated with what's happening, or otherwise they wouldn't be bothering to look at it. But there are probably additional consequences or implications if they don't solve for those things really effectively. There's outcomes the same way. Have we thought about those outcomes from multiple perspectives, not just maybe you who's looking at technology, but the business buyers, right, the

economic buying one. It is going to care more about, you know, what's this going to do for the business in terms of revenue or cost or risk and those kinds of things. So I think that's the first thing you're going to do. And if your company, well, I believe your company's on the hook to give you that kind of content. Right, If he has given you that content, you have a responsibility to think and use it.

If your company hasn't given you that content, then you've got some work to do, because, like it's hard enough to learn how to use content like that and tee it up when it has been given to you. If it hasn't been created by the company, that's the first question I'd be asking, where's our content that helps us expand these conversations about where the customer is and where they're trying to go or why would they do something and why would

they do it? Now? I think that's part one. Part two is then you get into acquired capabilities, right, And I know you asked me to think about this, so you know, if you can do those two things, well, now you're in a better position to start to get them to think a little bit more deeply and widely about what they're going to require

in a solution, not just the features. Buying features and capabilities are part of it, But what are all of the things that they need to think about from a requirement standpoint, the product and its capabilities, the contract, effective implementation, you know, customer success, all those kinds of things. Because if you can do that, now you're in a position to really get them thinking about why required capabilities really matter. Because there's three or four things

here. One is, every required capability has to attach to solving the problem or achieving the outcome. Otherwise it's i material, it doesn't matter, and the customers shouldn't want, shouldn't have to or want to pay for that right. The second thing is you've got to help customers think about a clear definition of the required capability. When somebody says something it has to be secure,

well what does that mean. If you don't define it, it's really easy for people to say, oh, yeah, my product is secure, my technology is secure. And then you've got to have clear metrics around that that says, okay, we've defined what security means. Now what's the proof when somebody says they actually can do security in the way that we've defined it.

And all of that is attached back to the outcome. Right, this requirement for security as defined in the following way with the following test that I'm going to hold all potential vendors to, Well, why is that important? It's important because it helps solve for an outcome, because that's the only reason somebody would pay for it. And then, last, but not least, you've

got to be really good at using questioning. Right. We like to use the phrase trap setting questions, questions that help the customer think through what matters and potentially trap the competition, because if you can do those four things that I just watch you through, you're in a much better chance to look the customers say, Okay, well we started by helping you expand where you are and where you're trying to go at least the mindset of why that matters and

who else has impacted. That's led to a conversation that does a better job of identifying and defining the requirements to get there. So now I'm in a position to say, so, now, let's stack rank which of these required capabilities are most critically important to getting you to those outcomes. Now, you

may not like the answer, right, especially if you've entered late. I think this is important but if you get good at this, you can do what I just talked about in one really good conversation with somebody to start to answer the question do we even belong in this deal? Right? I'm not saying you'll get all the answers in one meeting, but you'll start to be

able to answer two questions, do we belong this deal potentially? And am I in front of someone who's going to allow me to truly participate or are they using me as you know, column fodder for their spreadsheet. Yeah. The power in that lies back at looking at those solution requirements, required capabilities, figuring out if you got a shot doing the little discovery having a conversation,

then you've got your roadmap to move forward. And that roadmap might be say goodbye, yeah, or that road might be see if you can get this person to take you to somebody else, Or that roadmap might be this person is just getting in our way. If we're going to go after this, we have to go around them. I don't love doing that, but there are times where that's the right answer. At least having that conversation the way we just talked about should start to give you some data points about the

opportunity and about the person you're sitting in front of. Yeah, okay, so before we move to the second sales challenge, this one also comes up. And so before we move to the next topic, I want to ask, is there a play here to try and get in with a smaller solution if you come late to an opportunity. Yeah, I mean it's a good, great question. You're talking classic competitive strategy here, right, which is

go direct my army against your army. Last person standing wins. Direct strategies typically only are affected when you have superiority at both the capabilities and the relationship front. And I'm talking significant like a three to one advantage. Most deals are actually one on flanking strategies, which is a lot of what we were just talking about. Right, We're flanking the deal with additional differentiation and different

points of view. Right. What you're talking about is your next best option. Direct is first, if you can flanking a second, fragmenting is third. Hey, I'm showed up late to this party. But here's the deal, Rachel. This big thing you're looking at, twenty five percent of that thing we are best at, and we can attach to the other seventy five assuming you're going to choose the following leader or the following potential options. I'm

a better fit for that twenty five percent. And again I'm going to have to do what we were just talking about in terms of pain and outcomes and require capabilities to prove that out. But fragmenting. This is often where a fragment strategy makes perfect sense, because if you can't fragment, then you either delay or you got to walk away. Yeah. Yeah, I think it's a great question. All right, good, great tips tips there. I hope some of you out there who are late to an opportunity or taking notes.

And here's another one that's big one. You don't have access to the economic buyer. Many of us know that if we're in it a fire. But the point is how do we get the access? So talk through your steps for gaining this access. We talk a lot about well you've got to talk economic language, but how do you get noticed? How do you get access in order to have that conversation. So I think this is a real point in question with what's happened in the marketplace right now. Right things have

tightened up, they still are a little still tight. There's more people scrutinizing every deal, and it's they're going to higher levels. I have confirmed that with every CEO and CFO that I've been talking with over the last six months, and in every engagement we do, they're in the room and I'm purposefully having that conversation and they are confirming everything that we all know, and that creates something else. And I'm not sure a lot of people have thought about

it's not just the fact that deals are getting more scrutiny. The CFO is starting to get involved at much lower level sized deals than they ever did before. But because of that, now their plates are fuller, and so they're struggling to keep up. So what do people do when they're struggling to keep up? They find any way they can to move from one thing to the

next. And I recently asked the CFO this question. I said, Hey, now that you're looking at more and more than you ever did before, what percentage of those solution proposals, whether they're in paper format or digital, when you are alone in your office, are jumping off the table and grabbing you by the throat and saying you can't afford to do this. Now, you can't afford not to do this now. You need to do this now, and he said zero. So there's my first piece of advice. It

sounds academic or maybe try. You have got to ensure that every conversation you have in your deals, I don't care who you're talking to. In the end, every conversation has got to attach back to the business conversation. And I think you also have to be overt and say to people, listen, here's what we're seeing in the market over the last nine months. Every deal

we do is going to the cfo's desk. So lets you and I and Rachel work together to make sure that every time you and I talk and everybody else we talked to in your organization together, everything we're talking about attaches back to the business outcomes. Otherwise you will have wasted a lot of time, and your cfo's ever making that decision is going to push back hard at best.

So I think that's the first thing. The second thing that I would think about is it's attached a little bit to what I was just talking about, is ensuring that every step of the way everything that you communicate back to the customer is attached to the business outcomes. Right, Because now what you're doing is you will not in every case, but you will collectively start to be seen more as someone who cares more about our outcomes and our business than

selling me something. And again, I fully understand that that could come across as like a mindset or just well that's a nice to do thing. I'm telling you it's a separation thing. It's the kind of thing that will separate

you from others. Again, you may not always like the answer, but I'd much rather get out of a deal early because what I do for living is not going to be impactful enough for your business, then spend six months on the deal, put it in my forecast, only to find out that your organization was never going to pull the trigger on it because it just wasn't important enough. And if it's not important enough, we can talk about, Okay, what will make it important enough? And when does that make more

sense? Right? Because look at right now, the other thing that's happening is fewer deals are getting over the line because there's fewer resources. So let's just be honest about where we are in that opportunity. And then back to the previous conversation, maybe we fragment some of it out and go get the smaller deal now and set up metrics for the larger deal later. But at least we're doing that eyes wide open. And then I think the last thing

I would say in terms of getting access to the economic buyers. Some people aren't gonna like this. This is going to sound like heresy, but I'm gonna say it anyhow. Stop expecting to get taken to the economic buyer. Yeah, yeah, they're busy. They have people who do their jobs for a living. If you just have to be honest with yourself, if your title is account executive, CFOs aren't sitting around saying, oh my god,

I can't wait to see that account exect're just not. Yeah, that's why everything you do with the people on their team has got to match, and it's got to speak on your behalf when you're not in the room to the business the end. Yes, that's great, really good final point there. So I think, you know, we also say one way to get access to the economic buyers to leverage your champion, because the champion, as Dave Davies was just in my office talking about before recording this podcast, how a

champion is the force multiplier with medic because you get a champion. It helps with every other letter in that acronym. And that's also a big topic that comes up with the reps that we work with. Okay, I'm an economic buyer, but I don't have a champion either. How do I go about finding a champion? How do I demonstrate the value of somebody championing my solution? What are your best tips for kind of identifying a potential champion and then

nurturing that relationship. Okay, so let's start with this. Economic buyers are kind of like this probably gonna be a bad analogy, grizzly bears. If you go into the forest, you know, there's a grizzly bear. There's always a grizzly bear in the forest. I'm trying to do this on the fly. Champions are kind of like unicorns. Every deal has a grizzly bear, every deal, every forest has a grizzly bear, Every deal has an economic bier. Not every forest or every deal has a champion or a unicorn.

That's the first thing I think we have to be honest with ourselves about. I think the second thing we have to be honest with ourselves about is people have one good meeting with somebody and they come running back to their team going, I've got a champion. Now you don't. At best, you've got somebody who's a nice person who might be a coach. Right, So that's the other thing. I think. You've got to be honest about the

person you're in front of. And if you think you've got somebody who's who might become a champion, you've got to be honest with yourself about where you are. Have I identified somebody whose potential champion material and what am I doing to develop that relationship. So here's a few tips. First and foremost, don't make the mistake of seeing you thinking you've got a champion after one or

two good meetings. What you should be doing early when you think you've found somebody that might be able to play the role is look for people who other people listen to. Right, the classic champion definition, stuff is still in play, right invested when invested, interest in awesome. But that's like after we've developed a relationship. What I want you looking for are people that other people listen to, people who have a track record of getting things done,

people who are skeptical. Now skeptics and cynics look a lot alike, and they make us uncomfortable as sellers because they ask us tough questions and we're sometimes like, where does that question come from? That feels like a negative question? Why is that person asking me that I thought they liked me? Right, But skeptics are actually very powerful potential champions. Now you have to separate them from the cynics. And here's how you do that. Because they look

a lot alike. The difference is when a skeptic asks you a question and you reply, either verbally or through action, in a way that's credible, the skeptic will start to con hurt. Cynics won't. So you'll start to see different actions. A skeptic starts to have a deeper conversation with you, A skeptic starts to maybe do things that help you because you are helping them. A cynic is using you, right, So look for skeptics. And

here's why. When skeptics speak internally for other people, listen because the organization knows that they're skeptic, not a cynic. And the organization knows that well. When that person speaks, they only speak because they've done the work and they know that what they're about to say makes sense and is valuable, So look for skeptics. I'd also say look for people who are either directly attached to or at least indirectly impacted by the problem right or set a different way.

Look for people who have a lot of authority around the technical buying decision or have heavy influence in it. Look for people who have heavy influence in the economic buying decision. I mean, look, the end all be all would be to have a champion who's the ultimate economic buyer. But that's asking a lot, right, because that'd be the fourth person to Look, that's your unicorn. There's a really good that's the kayuny unicorns, right, So

I think I think there's that. So there's some tips on identifying the right kind of person. Let me give you some thoughts on developing that relationship, because that's the next thing you've got to do, right. I think one

of the things people forget is it's okay to be honest with someone. So, like, if we're starting to build this relationship and I view you as someone that's got some of what I was just talking about, there's nothing wrong with saying you, Look, there's some serious importance for us in knowing how you feel about this engagement, this project, and the role that you can

and want to play. Like, there comes a point in building this relationship right where I have to find a way in a way stylistically that works for me and is comfortable for you. In having this conversation, it says, Rachel, what role do you want to play in this? What role can you play in this? Because I want this to be a great experience for you, not just for your company, and I don't ever want to put you in a position that you're not comfortable being in. That's part of this.

I think there's there's a lot to be said for being really reliable and really credible in everything you do and doing that in a way that's you know,

got a customer first kind of mindset. But when someone asks you to do something, the way you follow up, not just the timeliness, but with the you know, with the credibility that you follow up, you're much better off saying to someone in the moment, you know what, I don't have the right answer for the question that you just asked me, but I promise you I will get you an answer by and you know it'll be confirmed by the you know an smme those kinds of things, the way you respond

and act on a day to day basis, in terms of credibility and reliability. Like I'm having a flashback right now to when I left my twenty seven year career to come here. There was a customer at the going away party who took the microphone at one point and said, like, I don't even love because this is highly complimentary to myself, which sounds I don't like talking about. But he said, Hey, we're gonna have to reevaluate our relationship with your company. And I was like, what are you talking about?

And he said, because you know our business and that's what you cared about, and I've never forgotten that. And I think that's what I mean when I say credibility and reliability. And then everything you do for them is focused on them getting smarter and be more prepared to help their company, whether you're in the room or not. Like there's some ideas on how you develop these

folks. And then, last, but not least, I'd say the earlier you can look for these people and start building these relationships, the better. In a perfect world, you'd rather do it when there's not even a deal on the table. And the reason I say that is the moment of sales cycle or a buying cycle kicks off in an organization, and the deeper they get into it, the more the walls start to naturally go up in terms

of building these relationships with people. And it's both a natural defense mechanism for some people. It's also along sometimes a customer mandate that Hey, as we get into these buying cycles, we start to cut off communication or information a little bit because they, for whatever reason they feel that's the best way to deal with a potential vendor. That's that. And then last, by not

least, you've got to make sure they get the credit. Like do you develop a champion or even a really good coach, You've got to make sure that they get the credit in in a way that's appropriate and genuine and all of that. So there's some thoughts on that, Yes, just just a light question there to end. Yeah, but no, that's it's such a big topic and there's so many nuances there. But I think you know with

this last topic, you don't have a champion. The earlier one, you don't have an acondemic buyer or the first one that you're laid to the opportunity. Kind of the overarching theme that you weave through that is it's never about you. It's about the customer and their outcomes. It's about your champion and what's in it for them. It's about the economic buyer and what's in it

for the business. And having that mindset always, I don't want to say, will prevent these challenges, because they're always going to be there, but they will give you the framework of which to address them. Yeah, and imagine this if the tips around these street topics gave you a ten percent lift.

Because there's no silver bullet, right, life, right, But imagine if you could get a ten percent lift in your business or a fifteen percent lift in your business just by taking these kinds of ideas and just going to a level of depth and breadth that most people don't. That's the kind of outcomes you can get. Yeah, maybe that should be my new audible Ready Sales podcast marketing campaign. If you listen to these podcasts and you get a

ten percent lift, extreme value here, Yeah, there is. And you know we've all gotten the anecdotal feedback from people who listen to these Yeah, every time we go to an event, now somebody will say I'll start to talk about the audible podcasts and revenue builders our other podcast series, and somebody the room who's already a listener, we'll pipe up and say, let me just tell you how good that stuff is. So that's great. We love to hear it. Thank you Brian for walking through those with me today.

Thanks Rachel all right, and thank you to all of you for continuing to listen to the Autobattle Audible Ready Sales podcast. At Force Management, we're focused on transforming sales organizations into elite teams. Are proven methodologies, deliver programs that build company alignment and fuel repeatable revenue growth. Give your teams the ability to execute the growth strategy at the point of sale. Our strength is our experience. The proof is in our results. Let's get started. Visit us at

Force management dot com. You've been listening to the Audible Ready podcast. To not miss an episode, subscribe to the show in your favorite podcast player until next time.

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