Using Metrics Effectively in Your Sales Conversations - podcast episode cover

Using Metrics Effectively in Your Sales Conversations

Jun 13, 20238 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Many reps struggle with metrics. The challenge usually comes from not knowing the proper way to apply metrics to their sales conversations. In this quick episode, John Kaplan shares pointers on how to make effective use of metrics. He discusses:
  • What metrics are and why they matter.
  • How to speak about metrics in a way that is relevant to the higher-ups of an organization.
  • The value in visualizing the buying organization as a house.

Here are some additional resources:

Visit Ascender, a platform designed solely for salespeople who own a quota. If you enjoy the Audible-Ready Sales Podcast, Ascender is perfect for you! We put out content every day with insights to help you level up in your sales career.


Check out the platform here: https://my.ascender.co/Ascender/
Subscribe here: https://my.ascender.co/Ascender/PlanComparison


Check out this and other episodes of the Audible-Ready Sales Podcast on Apple Podcasts, Spotify, or our website.

Transcript

You know, when reps tell me they're having trouble with metrics, it's typically because the metrics they're talking about aren't resonating with the people they're in conversations with. 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 Offorce Management, a leader in B to B sales effectiveness. Let's get started. Hi, It's Rachel with the Audible Ready Sales Podcast. I'm excited to bring you this topic today because it's one that I know many of you struggle with. Today we're talking about metrics. John Kaplan joins me

today. Hi. John, Hey, good morning, Rachel. I think this is another great topic, so thanks for bringing it to the top. I think this is an area that I've seen a lot of reps get tripped up on, and I think the reason is they're not using this concept in the right way with their buyers. So we're going to talk a little bit about that today. Right, that's an important point. It's still an important concept, but you have to use it in the right way. So let's

start with first defining metrics. So some have the perception that metrics are the only thing that the buyer cares about. They're important, but they're not the whole story. So let's talk about kind of what metrics are. Metrics are the way you measure required capabilities or the requirements for a solution success. You need some proof in the implementation process that you're doing what you said you could do. If you're going to run a race, you need some sort of

benchmark to know that you're on the right path. And metrics help us focus on how we're measuring the capabilities of the solution, measuring the solution capabilities. And I've heard you say that the feedback you get sometimes is that when reps use metrics in those conversations, higher ups in the organization don't care about how they measuring success. But that's really not the case, and it often has to do with how the reps are using the metrics using that topic in those

sales conversations. Yeah, exactly. So you know, as salespeople, we have the ability to adopt our conversation as we go up and down in an organization. One of the ways I've seen reps get tripped up is by focusing too much of the conversation on metrics. So metrics are important, but it's how you use metrics. As with anything else in sales, you have to adapt your conversation to whom you're speaking. You know. Remember we always say

you get delegated to those that you sound like. So metrics help us focus on how we're measuring the capabilities of the solution. They don't necessarily solve the positive business outcomes. Your metrics are driving the outcomes, but they're not the

whole story. You know. When reps tell me they're having trouble with metrics, it's typically because the metrics they're talking about aren't resonating with the people there in conversations with They're likely focusing too much on the metrics and the sales conversation because they are often technical in nature, and therefore they won't get you very far as you work your way up to the executive buyer. That's a good

point. They're often technical in nature, and I know sometimes John, you use this analogy of the house when making this point, So walk through that analogy to help the people listening visualize the concept you're talking about. Okay, So let's say you're having a great conversation with a buyer who's at a lower level in the organization. So if it were a house, this person would be in a small room in a lower level. The windows are closed,

the door is shut. You're talking to them without consideration of the rest of the house. You know, you're so busy with this one person that you don't have any idea of what's going on in the other rooms. So what do you do? You know, you really have two choices. Leave that person behind and go out of the room room and go to the other rooms. Or the better choice, I believe is to open the door, open the windows, and connect this buyer to the rest of the house. Right,

and metrics are part of that conversation. But they're not the only way to take that buyer to the rest of the house. No, they're not. So you require capabilities in metrics are typically at a technical level, So you as a rep need to open the windows and translate those bullet points into the positive business outcomes. You've heard us say many times, you need to

attach to the biggest business issue facing the customer. That's what we mean so when you take your technical buyer up the stairs with you, the metrics are important, but they are technical in nature. They aren't typically what a C level executive is going to care about. It's not that they don't care about them, it's just that they believe that they have other people in their organization that should care about them when they're more technical in nature. So therefore,

you can't focus your conversations on the metrics alone. It's about the outcomes, right, and the outcomes is with the sea level is focused on. You know, if your solution, for example, let's say, decreases network latency by X number of milliseconds, that's important, that's in critical. But improving customer experience is that business outcome that the sea level executive is going to care

about. So this is sort of what you're talking about, is you need to adjust your sales conversation based on what's top of mind to that particular decision acre exactly Exactly. You can't assume that the rest of your decision makers are going to understand the importance of those technical metrics, you know, considering the house metaphor, Again, they're important to the people in that one room.

They impact the rest of the house, but they aren't the focus of the people and the rest of the house, you know, like upstairs, they're looking at the weather, if it's raining, when the temperature is increasing, and if there's a tornado on the way. Yeah, it's really about a line to what's important to that particular person. It's all about being audible ready,

and remember it. You know you said at the top you get delegated to whom you sound like, so you want to make sure that you're focusing these sales conversations on what's important to that person in the room and then opening up the doors, opening up the window, and getting to the other levels of the house. So, John, I kind of summed up some of your points there. But you're also great at giving a bottom line, and

I'm sure you have one when it comes to metrics. Yeah, so you know, the bottom line for me is the best sellers I see today know how to integrate the technical conversation with the business conversation and this is where the required capabilities, metrics and positive business outcomes come together. And as you said, you just have to remember you get delegated to those that you sound like. Make sure the people that you're targeting in a particular conversation, you are

prepared to sound like them. You'll find your answers in the intersection between require capabilities metric some positive business outcomes there. It is all right. Thank you all for listening. Thanks John for breaking it down for us today. My pleasure. 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.

Transcript source: Provided by creator in RSS feed: download file
For the best experience, listen in Metacast app for iOS or Android