1. A Conversation About B2B Selling Content

    by
      “What is the state of B2B selling content today?” That was the first question Barb Giamanco asked me on her sales podcast, Right Message, Right Support, Right Sales Content, on the Razor’s Edge. How would you answer that for your organization? How would you know? Is your selling content considered short life collateral, or mostly long-life assets? What criteria would you use to audit the quality and usefulness of your content? Do you have an inventory that would make an audit possible? These are some of the questions we discussed. Below is an outline of key points I addressed that you might want your organization to consider.   Key Considerations for Effective Selling Content If your sales team conducts a complex, solution or value sale, situation-ready selling content is essential for your success. If you are trying to shift your selling model from a traditional product-feature-benefit approach to a...
  2. Getting Sales Content Right

    by
        As B2B selling organizations attempt to transition from a product to solution or value sale, they must deal with the new realities of selling in a digital era characterized by self-educating teams of buyers. This new reality has made high-performing, situation-ready content a strategic imperative for B2B organizations in general, and direct and channel sales teams in particular. Two of the most under-served B2B functions when it comes to content are direct and channel sales organizations. There are many reasons for this. Too many executives aren’t aware of this imperative or the impact it has on new customer acquisition, revenue growth, selling costs or customer experience. As one senior sales executive at a large technology company said to me years ago, “what is content, it’s collateral, right?” Whew! Sadly, this mindset is still prevalent today. Marketing departments assume the content they create is suitable for sales. Often it...
  3. What is a Content Supply Chain?

    by
      The genesis for this is an article by Jake Sorofman at Gartner, “The Content Supply Chain is the Rate Limiter to Digital Marketing Maturity.” “Targeting and personalizing experiences requires content—lots of it, in many different forms, for many different audiences, engaging across many different channels. Managing this madness becomes an exercise in combinatorial complexity that requires a more rigorous approach to your content strategy.” Content supply chain requires an architectural way of thinking, which begins with a clear understanding of the demand side—in this case, all of the consuming applications and experiences enabled by your segmentation, targeting and personalization strategy.” “If your goal is to deliver an experience something better than one size fits all—or worse, all sizes fit none—you need to treat your content strategy as more than a hand wave. You need an architectural approach to your content supply chain.” McKinsey have written about the importance of a content supply...
  4. Use Information Interview Approach for Sales Prospecting Conversations

    by
    B2B sales organizations with a complex, “platform,” or value sales process face some of their biggest challenges in the initial prospecting stage. The process for a value sale is naturally longer than a simple product sale. Companies risk missing revenue growth targets when sellers are ineffective or inefficient at getting target accounts to engage. A couple of big deals can make a huge difference at the end of the year. If your sales role is major accounts, you have even more at stake. In addition to the basic causes — poor, undisciplined prospecting skills and techniques — I see a flawed general approach to prospecting for the value sale model. Sellers bring a product prospecting mindset, approach and conversation to this task. This is exacerbated by buyer tendencies to apply a product buying mindset to initial conversations. We’ve all heard “what are you selling” questions, since the early days of...
  5. Complexity Simplified — The B2B Selling Dilemma

    by
      Complexity is a natural condition of our modern digital era. Complexity, coupled with exponential change, can paralyze effective execution. Without mechanisms to make the complex simple, people experience the feeling as “complicated”. This is the condition B2B sales and marketing leaders experience when it comes to defining and executing sales, marketing, content and data strategies. The impact and costs are high — to individual productivity, functional results and to strategic business goals. They’re also accelerating with the exponential rate of change. As Mckinsey says in the two minute video in this article: “The future waits for no one. The biggest risk, is being left behind.” For B2B sales and marketing leaders the problem isn’t knowing what to do. What to do is universally understood and generally accepted. Prescriptions include: Segment audiences and buyers to focus investment and resources Deeply understand customer business issues, functions, roles (personas), and how they make (buying) decisions Develop...
  6. The epidemic in B2B sales prospecting

    by
        Many B2B selling organizations hit a wall in their new customer acquisition and revenue growth rates. Sales pipeline quality, volume and conversion rates are both symptom and impact of this situation. This condition is especially evident in companies that are engaged in a complex or solution sale. Sometimes this is called a system or platform sale. The analyst firm SiriusDecisions calls it a “new paradigm” or “new concept” sale.  I and others use “value sale”. Even companies with a traditional, product selling model are not immune. Companies that experience stalled revenue growth may attempt to shift from traditional product selling, to a more consultative and comprehensive solutions or platform approach. Too often they bring their traditional selling mindset, process and skillset with them. The B2B sales prospecting epidemic is the result of a critical underlying cause most people are unaware of and do not fully appreciate even when they become aware.   An Example Companies that have had a...
  7. Situation-ready content, on-purpose, by design

    by
      I’m done talking about “content.” The word is too conceptual to have any useful meaning. In my world, words matter. To work, words must convey common meaning. I believe the word “content” and how it’s used actually causes problems. This is undoubtedly a contributor to quality problems experienced with marketing and especially selling content. Sales tells marketing, “we need better content.” Marketing replies, “what kind of content do you need?” Sales: ” we need customer stories, presentation support, videos, etc.” Sound familiar? And I could go on about content for certain stages, personas and industry verticals, among other important relevance categories. Having managed a business that created content for B2B sales, marketing and training organizations for 20 years, we regularly dealt with requests expressed this way. Knowing desired content formats, audience types and selling stages is simply insufficient input to inform quality content. We would ask, “What exactly do...
  8. Use Knowledge Delivered Strategy to Define and Show Content Value

    by
    A Different Approach to Content Strategy and Justification   B2B content marketers must continually defend budgets and tactics, especially content investments, by proving performance. This is part of a persistent struggle to raise marketing credibility and awareness of its impact in the business. Too many executives, and especially the sales organization, still don’t see it. You create and deploy content to many constituent groups and users. They deliver those assets in many ways through a variety of channels and mechanisms. You work hard to figure out how to track and measure asset performance and business impact. This is not a simple challenge. But content ROI must be proved. Or does it? What if you change your approach to “proving the value of content”? What if you flip the process?   Knowledge Delivered Strategy Applied The Knowledge Delivered strategy is explained here in greater detail. This approach to content strategy and...
  9. Knowledge Delivered

    by
    Our theme this year is Knowledge Delivered. Why? We are all knowledge workers. Knowledge is actionable information. We operate inside organizations where knowledge creates value and competitive advantage. This makes knowledge and content strategic imperatives for any business. But we have a knowledge delivery problem.  Knowledge is locked away inside people’s minds, in content, within repositories, within systems. This inevitably makes it static, only moving toward out-of-date. When knowledge is needed, users must be aware of that need, know that it exists and where, have the time initiative and skills to go find it, and access permissions to complete the effort. To be a useful and usable asset knowledge must be delivered — when, where and in the right context. This works best when organizations incorporate the right knowledge, learning, communication support, and high-value content into daily activities and operating systems. It’s time to free knowledge from containers so it can be delivered to cause action. This is a foundation to breakthrough business...
  10. The B2B Value Sale is Actually Three Distinct Sales

    by
      Companies trying to execute a B2B solution or value sale must overcome selling problems that start at the prospecting stage and persist to the end. Symptoms include too few quality additions to the sales pipeline, protracted and lengthening sales cycles, and low win rates. A significant cause is sellers haven’t realigned messages, sales conversations, and sales process to the way buyers buy. This situation becomes more pronounced when selling to prospects who aren’t in an active buying process. We call this a “Find vs. Create Opportunity” situation. (See Find vs. Create Sales Opportunities) When I speak with B2B sales professionals they readily acknowledge there are not enough active buyers to meet quotas. In most organizations sales people tell me 80% of sales prospects have to be “created” as opportunities. But even with active buyers there are opportunities for B2B sales professionals to up their game. After all, they are often...

B2B Marketing Zone