SlideShare uma empresa Scribd logo
1 de 7
Baixar para ler offline
Sales Excellence Survey 2012
Global Results and commentary
Sales Excellence Study 2012

The Survey

1.150 phone interviews
72 Statements concerning sales practises
23 countries
15 different industries
July/August 2012

© Copyright 2012 Mercuri International Group AB

2
Sales Excellence Study 2012

Differentiated selling
Selling is not always the same. Salespeople are confronted with different situations. Sales situations
vary because of the different expectations
customers have on salespeople and due to the
quality of the relation-ship between customer and
sales person. The parameters can be described as
follows:

Customer expectations on salespeople: There are
situations in which a customer does not expect any
information or consultation from a salesperson. The
customer regards them as primarily occupying a
"doing" function. This is typically the case when a
customer purchases the same products on a regular
basis. They know each other and the mutual
interactions are familiar and practiced. The
customer expects a certain degree of customer
orientation, looks for friendly service and perhaps

enjoys the interpersonal contact. However they
do not expect any information on service benefits,
services, added values, etc. This is similar to
situations in which customers believe that they do
not need consultation. Naturally they will not seek
or expect any consultation from a salesperson. This
is generally the case when a customer is very
satisfied with its current suppliers and believes that
it has good level of market awareness. The situation
is different when a customer does not routinely
purchase from the supplier and lacks expertise of
its own ,or has low market awareness. Customers
then expect information, at the very least, from
salespeople and in many cases expect consultation
(or even that decisions be made on their behalf). In
the survey we expressed the polarity of this
parameter with the statements:

We are facing prospects and
customers who know what their
needs are and which kind of
solution they need...

Aitude of the buyer towards the offer: A customer
may have a very negative aitude and completely
reject the supplier and their product or service
("against") or at least have a highly sceptical aitude
("resistant"). This frequently happens in the case of
new customer contacts when the customer believes
they have no need of the products or services or
when the customer and salesperson do not know
each other. The situation is different when the
customer and supplier know each other or a

We are facing prospects and
customers who do not know
precisely what their needs are
and which kind of solution they
need...
customer has not yet found a satisfactory solution.
The customer has a neutral or generally positive
aitude towards the suppler ("receptive"). In the
best case the customer and salesperson know each
other well. The customer is satisfied with the quality
of the solution and the relationship is characterised
by loyalty. In the survey we expressed the polarity
of this parameter with the statements:

We have mainly to overcome
resistance from prospects and
customers in our selling processes...

© Copyright 2012 Mercuri International Group AB

We are mainly facing prospects
and customers who are open and
receptive to us

3
Sales Excellence Study 2012

Differentiated selling
When these two parameters (customer expectation and aitude towards the seller) are combined
in a matrix one can identify four distinct sales situations which require different selling styles:

We have mainly to overcome
resistance from prospects
and customers in our
selling processes...

AGAINST

Assertive
Selling
We are facing prospects
and customers who
know what their needs
are and which kind of
solution they need...

DO IT

RESISTANT

INFORMATION

Consultative
Selling

ADVICE

DECISION

RECEPTIVE

Relational
Selling

IN FAVOUR

We are facing prospects
and customers who
do not know precisely
what their needs are
and which kind of
solution...

Expert
Selling

We are mainly facing
prospects and customers
who are open and
accept us

© Copyright 2012 Mercuri International Group AB

4
Sales Excellence Study 2012

Differentiated selling
The selling styles required for the different sales
situations can be described as follows:

Assertive selling: Salespeople encounter
customers who know exactly what they want and
are dismissive towards the salesperson ("I know
what I want and I don't want to work with you"). In
this case the sales-person faces two hurdles. The
customer does not want any contact with him and
does not need anything-or is satisfied with their
current supplier/s. The task then is to establish contact and to aempt to create or establish a new/
additional need. Naturally, aerwards the salesperson has to show that his offer satisfies this need
beer than the other suppliers' offers. This is a
typical selling situation in proactive
market development that demands a high degree of
personal magnetism and charisma from the salesperson. Due to the changes in buying behaviour this
is a situation that more and more selling companies
are facing.
Consultative selling: In this situation customers
seek advice from a supplier. They face a new
challenge and do not yet know how they can overcome it. However, they have a negative or sceptical
aitude towards the supplier ("I don't know what
I want but I don't want to work with you"). These
customers are oen generally satisfied with their
existing suppliers. Traditional discussion structures
(demand analyses) are therefore normally
ineffective here as reaching the same perceived
level as other preferred suppliers is too difficult.
The company's only chance is that salesperson
positions the company not as a supplier, but rather
as a consultant and makes a truly creative and
differentiated offer. Of course this offer must make
a stronger contribution to the customer's success
than existing competitor offers do This demands
specially skilled sales people. In addition to product
knowledge they must also possess sector
knowledge and commercial awareness.

They must know the typical challenges in the market,
the competitor's positioning/strategies and the
implementation hurdles. The company will only win
business by presenting an offer that is significantly
different to that of the established suppliers. The new
offer will need to enable the customer to overcome
challenges beer and do it in a way that will provide
credible added value - and greater success. This is
another selling situation that growth oriented
companies are facing more frequently.

Expert selling: As in Consultative selling, in Expert
selling customers face a new challenge for which they
are still seeking a solution. But in this situation they
are generally positive towards the offer ("I don't know
what I need but I want to work with you"). The priority
now is to understand the customer correctly and to
produce the right solution. As opposed to
Consultative selling, it is not necessary to work on
establishing competence or to differentiate the
company from competitors. In the eyes of the
customer, the company already possesses an image
of "the expert” that can be built on. The traditional
route can be taken using a demand analysis.
Relational selling: In this case the business
relationship is already established and the customer
places orders on a regular basis which do not have to
be renegotiated each time or require input from the
sales-person ("I know what I want and I want it from
you"). Sales activity then focuses on the customer
relationship and less on the product, services or a
specific solution. This demands interpersonal and
social competences from the salespersons, who must
take ownership of the customer relationship .
In this study we have investigated how oen these
selling situations occur with individual companies.
One can clearly see that there are differences between the companies surveyed.

© Copyright 2012 Mercuri International Group AB

5
Sales Excellence Study 2012

Differentiated selling
If we apply these percentages to the differentiated
selling matrix it becomes apparent that Top 10%
and Boom 10% are facing different aitudes
among their customers. The Top 10% have to do
less of Assertive

and Consultative Selling than the Boom
10%. This is not by coincidence as we will see on the
following page.

Top 10%
30%
21%
Assertive
Selling

9%
Consultative
Selling

70%

30%

49%
Relational
Selling

21%
Expert
Selling

70%

Boom 10%
40%

28%
Assertive
Selling

12%
Consultative
Selling

70%

30%

42%
Relational
Selling

18%
Expert
Selling

60%
© Copyright 2012 Mercuri International Group AB

6
Sales Excellence Study 2012

Main competence strengths of salespeople
Relational Selling competencies (being service
minded, building rapport) are well developed within
sales at all levels. But when it comes to
competencies more related to the new demanding
situations, the Top 10% are much more skilled than
the Boom 10%. They have the right competencies
in the crucial assertive and consultative selling.

The biggest differentiators are in the “new” skills
strongly linked to the two major challenges of the new
buying landscape : facing buying autonomy and facing
resistance. Among Boom performers, there is a
competence gap, from the “classic “ sales skills to the
“new skills landscape” . Yet this is where many
companies still make their training investments.

84%

... are service minded,
give the customer what he expects

79%

77%
83%

... building rapport and relationship,
have social competence,
are emphatic

75%

68%
85%

... are experts for the customer’s
business their processes
and markets

76%

67%
78%

... working in a very structured way
(activity planning, seing priorities
for customers and products)

67%

54%
85%

... are assertive, convincing, having
charisma, being resistant to failure

69%

61%
0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Illustration 1: To what extent do you agree the following statements (top 2 boxes out of seven),
n=1.150 Statements with differences > 20% between top 10% and Boom 10% are marked in red

© Copyright 2012 Mercuri International Group AB

7

Mais conteúdo relacionado

Mais procurados

Personal Selling: Chapter 6
Personal Selling: Chapter 6Personal Selling: Chapter 6
Personal Selling: Chapter 6Mazhar Masood
 
Personal Selling: Chapter 8
Personal Selling: Chapter 8Personal Selling: Chapter 8
Personal Selling: Chapter 8Mazhar Masood
 
Personal Selling: Chapter 5
Personal Selling: Chapter 5Personal Selling: Chapter 5
Personal Selling: Chapter 5Mazhar Masood
 
Professional basic selling skills
Professional basic selling skillsProfessional basic selling skills
Professional basic selling skillsshehzad Chohan
 
Chapter 2 personal selling
Chapter 2 personal sellingChapter 2 personal selling
Chapter 2 personal sellingNishant Agrawal
 
Selling skills training
Selling skills training Selling skills training
Selling skills training Ahmed Othman
 
Sales Concepts for Beginners
Sales Concepts for BeginnersSales Concepts for Beginners
Sales Concepts for BeginnersJoyjeet Chaudhuri
 
Professional Skills for Inside Selling
Professional Skills for Inside SellingProfessional Skills for Inside Selling
Professional Skills for Inside SellingAchieveGlobal
 
Basic selling skills enas
Basic selling skills enasBasic selling skills enas
Basic selling skills enasEnas Mohsen
 
7 Heart of the Sales Process
7 Heart of the Sales Process7 Heart of the Sales Process
7 Heart of the Sales ProcessArun E
 
Personal selling (Selling skills)
Personal selling (Selling skills)Personal selling (Selling skills)
Personal selling (Selling skills)Ahmed Hamza
 
Sales and marketing strategies
Sales and marketing strategiesSales and marketing strategies
Sales and marketing strategiesShobhit Jain
 
Personal Selling Chapter 3
Personal Selling Chapter 3Personal Selling Chapter 3
Personal Selling Chapter 3Muhammad Khan
 
Prospecting Presentation Km
Prospecting Presentation KmProspecting Presentation Km
Prospecting Presentation KmRod Nafziger
 

Mais procurados (20)

Personal Selling: Chapter 6
Personal Selling: Chapter 6Personal Selling: Chapter 6
Personal Selling: Chapter 6
 
CUSTOMER LOYALTY - TIS Essay 1
CUSTOMER LOYALTY - TIS Essay 1CUSTOMER LOYALTY - TIS Essay 1
CUSTOMER LOYALTY - TIS Essay 1
 
Personal Selling: Chapter 8
Personal Selling: Chapter 8Personal Selling: Chapter 8
Personal Selling: Chapter 8
 
Personal Selling: Chapter 5
Personal Selling: Chapter 5Personal Selling: Chapter 5
Personal Selling: Chapter 5
 
Professional basic selling skills
Professional basic selling skillsProfessional basic selling skills
Professional basic selling skills
 
Prospecting for Clients
Prospecting for ClientsProspecting for Clients
Prospecting for Clients
 
Chapter 2 personal selling
Chapter 2 personal sellingChapter 2 personal selling
Chapter 2 personal selling
 
Sm 4
Sm 4Sm 4
Sm 4
 
Selling skills training
Selling skills training Selling skills training
Selling skills training
 
Prospecting
ProspectingProspecting
Prospecting
 
Sales Concepts for Beginners
Sales Concepts for BeginnersSales Concepts for Beginners
Sales Concepts for Beginners
 
Professional Skills for Inside Selling
Professional Skills for Inside SellingProfessional Skills for Inside Selling
Professional Skills for Inside Selling
 
Sm 6
Sm 6Sm 6
Sm 6
 
Basic selling skills enas
Basic selling skills enasBasic selling skills enas
Basic selling skills enas
 
7 Heart of the Sales Process
7 Heart of the Sales Process7 Heart of the Sales Process
7 Heart of the Sales Process
 
Personal selling (Selling skills)
Personal selling (Selling skills)Personal selling (Selling skills)
Personal selling (Selling skills)
 
Sales and marketing strategies
Sales and marketing strategiesSales and marketing strategies
Sales and marketing strategies
 
Personal Selling Chapter 3
Personal Selling Chapter 3Personal Selling Chapter 3
Personal Selling Chapter 3
 
Prospecting Presentation Km
Prospecting Presentation KmProspecting Presentation Km
Prospecting Presentation Km
 
Prospecting
ProspectingProspecting
Prospecting
 

Semelhante a Global sales excellence study 2012 analysis

Study on differentiated selling
Study on differentiated sellingStudy on differentiated selling
Study on differentiated sellingAleksander Brankov
 
Selling in Tough Times - TLSA.pdf
Selling in Tough Times - TLSA.pdfSelling in Tough Times - TLSA.pdf
Selling in Tough Times - TLSA.pdfonline Marketing
 
Consultative Sales Skills-Presented by Jeffrey Mesquita
Consultative Sales Skills-Presented by Jeffrey MesquitaConsultative Sales Skills-Presented by Jeffrey Mesquita
Consultative Sales Skills-Presented by Jeffrey MesquitaSCORE Atlanta
 
5 Common Sales Objections and How to Overcome Them
5 Common Sales Objections and How to Overcome Them5 Common Sales Objections and How to Overcome Them
5 Common Sales Objections and How to Overcome ThemAAyuja, Inc.
 
Lead Definition: Knowing your Perfect Customer Profile
Lead Definition: Knowing your Perfect Customer ProfileLead Definition: Knowing your Perfect Customer Profile
Lead Definition: Knowing your Perfect Customer ProfileSalesOptimize
 
Sales management study 2014 white paper
Sales management study 2014  white paperSales management study 2014  white paper
Sales management study 2014 white paperPaul Hodgson FInstSMM
 
Consumer behaviour (Mod. 1)
Consumer behaviour (Mod. 1)Consumer behaviour (Mod. 1)
Consumer behaviour (Mod. 1)Niraj Rajyaguru
 
Introduction to customer care and service Customer care & Service.pptx
Introduction to customer care and service Customer care & Service.pptxIntroduction to customer care and service Customer care & Service.pptx
Introduction to customer care and service Customer care & Service.pptxEndalamaw4
 
Customer loyalty
Customer loyaltyCustomer loyalty
Customer loyaltySameh Shafy
 
The Nine-Point Sales Strategy for More Sales
The Nine-Point Sales Strategy for More SalesThe Nine-Point Sales Strategy for More Sales
The Nine-Point Sales Strategy for More SalesAndrew Priestley
 
The Nine Point Sales Strategy for More Sales
The Nine Point Sales Strategy for More SalesThe Nine Point Sales Strategy for More Sales
The Nine Point Sales Strategy for More SalesAndrew Priestley
 
Customer Satisfaction Guaranteed
Customer Satisfaction GuaranteedCustomer Satisfaction Guaranteed
Customer Satisfaction GuaranteedLisa Muller
 
A detailed investigation to validate the popular marketing concept of custome...
A detailed investigation to validate the popular marketing concept of custome...A detailed investigation to validate the popular marketing concept of custome...
A detailed investigation to validate the popular marketing concept of custome...Charm Rammandala
 
The brand loyalty advantage
The brand loyalty advantageThe brand loyalty advantage
The brand loyalty advantageDemand Metric
 

Semelhante a Global sales excellence study 2012 analysis (20)

Study on differentiated selling
Study on differentiated sellingStudy on differentiated selling
Study on differentiated selling
 
Selling in Tough Times - TLSA.pdf
Selling in Tough Times - TLSA.pdfSelling in Tough Times - TLSA.pdf
Selling in Tough Times - TLSA.pdf
 
Consultative Sales Skills-Presented by Jeffrey Mesquita
Consultative Sales Skills-Presented by Jeffrey MesquitaConsultative Sales Skills-Presented by Jeffrey Mesquita
Consultative Sales Skills-Presented by Jeffrey Mesquita
 
5 Common Sales Objections and How to Overcome Them
5 Common Sales Objections and How to Overcome Them5 Common Sales Objections and How to Overcome Them
5 Common Sales Objections and How to Overcome Them
 
Lead Definition: Knowing your Perfect Customer Profile
Lead Definition: Knowing your Perfect Customer ProfileLead Definition: Knowing your Perfect Customer Profile
Lead Definition: Knowing your Perfect Customer Profile
 
Sales management study 2014 white paper
Sales management study 2014  white paperSales management study 2014  white paper
Sales management study 2014 white paper
 
Cracking the sales code
Cracking the sales codeCracking the sales code
Cracking the sales code
 
Consumer behaviour (Mod. 1)
Consumer behaviour (Mod. 1)Consumer behaviour (Mod. 1)
Consumer behaviour (Mod. 1)
 
Introduction to customer care and service Customer care & Service.pptx
Introduction to customer care and service Customer care & Service.pptxIntroduction to customer care and service Customer care & Service.pptx
Introduction to customer care and service Customer care & Service.pptx
 
Selling process
Selling processSelling process
Selling process
 
Customer loyalty
Customer loyaltyCustomer loyalty
Customer loyalty
 
The Nine-Point Sales Strategy for More Sales
The Nine-Point Sales Strategy for More SalesThe Nine-Point Sales Strategy for More Sales
The Nine-Point Sales Strategy for More Sales
 
The Nine Point Sales Strategy for More Sales
The Nine Point Sales Strategy for More SalesThe Nine Point Sales Strategy for More Sales
The Nine Point Sales Strategy for More Sales
 
Breadth of a salesman
Breadth of a salesmanBreadth of a salesman
Breadth of a salesman
 
Effective selling: Product knowledge
Effective selling: Product knowledgeEffective selling: Product knowledge
Effective selling: Product knowledge
 
Customer Satisfaction Guaranteed
Customer Satisfaction GuaranteedCustomer Satisfaction Guaranteed
Customer Satisfaction Guaranteed
 
Customer Classification
Customer Classification Customer Classification
Customer Classification
 
Sm 12
Sm 12Sm 12
Sm 12
 
A detailed investigation to validate the popular marketing concept of custome...
A detailed investigation to validate the popular marketing concept of custome...A detailed investigation to validate the popular marketing concept of custome...
A detailed investigation to validate the popular marketing concept of custome...
 
The brand loyalty advantage
The brand loyalty advantageThe brand loyalty advantage
The brand loyalty advantage
 

Último

Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateCannaBusinessPlans
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAITim Wilson
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Adnet Communications
 
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book nowPARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book nowkapoorjyoti4444
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting
 
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book nowKalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book nowranineha57744
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSkajalroy875762
 
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...pujan9679
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...meghakumariji156
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfwill854175
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...NadhimTaha
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptxnandhinijagan9867
 

Último (20)

Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck Template
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
WheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond InsightsWheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond Insights
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book nowPARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book nowKalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
 
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 

Global sales excellence study 2012 analysis

  • 1. Sales Excellence Survey 2012 Global Results and commentary
  • 2. Sales Excellence Study 2012 The Survey 1.150 phone interviews 72 Statements concerning sales practises 23 countries 15 different industries July/August 2012 © Copyright 2012 Mercuri International Group AB 2
  • 3. Sales Excellence Study 2012 Differentiated selling Selling is not always the same. Salespeople are confronted with different situations. Sales situations vary because of the different expectations customers have on salespeople and due to the quality of the relation-ship between customer and sales person. The parameters can be described as follows: Customer expectations on salespeople: There are situations in which a customer does not expect any information or consultation from a salesperson. The customer regards them as primarily occupying a "doing" function. This is typically the case when a customer purchases the same products on a regular basis. They know each other and the mutual interactions are familiar and practiced. The customer expects a certain degree of customer orientation, looks for friendly service and perhaps enjoys the interpersonal contact. However they do not expect any information on service benefits, services, added values, etc. This is similar to situations in which customers believe that they do not need consultation. Naturally they will not seek or expect any consultation from a salesperson. This is generally the case when a customer is very satisfied with its current suppliers and believes that it has good level of market awareness. The situation is different when a customer does not routinely purchase from the supplier and lacks expertise of its own ,or has low market awareness. Customers then expect information, at the very least, from salespeople and in many cases expect consultation (or even that decisions be made on their behalf). In the survey we expressed the polarity of this parameter with the statements: We are facing prospects and customers who know what their needs are and which kind of solution they need... Aitude of the buyer towards the offer: A customer may have a very negative aitude and completely reject the supplier and their product or service ("against") or at least have a highly sceptical aitude ("resistant"). This frequently happens in the case of new customer contacts when the customer believes they have no need of the products or services or when the customer and salesperson do not know each other. The situation is different when the customer and supplier know each other or a We are facing prospects and customers who do not know precisely what their needs are and which kind of solution they need... customer has not yet found a satisfactory solution. The customer has a neutral or generally positive aitude towards the suppler ("receptive"). In the best case the customer and salesperson know each other well. The customer is satisfied with the quality of the solution and the relationship is characterised by loyalty. In the survey we expressed the polarity of this parameter with the statements: We have mainly to overcome resistance from prospects and customers in our selling processes... © Copyright 2012 Mercuri International Group AB We are mainly facing prospects and customers who are open and receptive to us 3
  • 4. Sales Excellence Study 2012 Differentiated selling When these two parameters (customer expectation and aitude towards the seller) are combined in a matrix one can identify four distinct sales situations which require different selling styles: We have mainly to overcome resistance from prospects and customers in our selling processes... AGAINST Assertive Selling We are facing prospects and customers who know what their needs are and which kind of solution they need... DO IT RESISTANT INFORMATION Consultative Selling ADVICE DECISION RECEPTIVE Relational Selling IN FAVOUR We are facing prospects and customers who do not know precisely what their needs are and which kind of solution... Expert Selling We are mainly facing prospects and customers who are open and accept us © Copyright 2012 Mercuri International Group AB 4
  • 5. Sales Excellence Study 2012 Differentiated selling The selling styles required for the different sales situations can be described as follows: Assertive selling: Salespeople encounter customers who know exactly what they want and are dismissive towards the salesperson ("I know what I want and I don't want to work with you"). In this case the sales-person faces two hurdles. The customer does not want any contact with him and does not need anything-or is satisfied with their current supplier/s. The task then is to establish contact and to aempt to create or establish a new/ additional need. Naturally, aerwards the salesperson has to show that his offer satisfies this need beer than the other suppliers' offers. This is a typical selling situation in proactive market development that demands a high degree of personal magnetism and charisma from the salesperson. Due to the changes in buying behaviour this is a situation that more and more selling companies are facing. Consultative selling: In this situation customers seek advice from a supplier. They face a new challenge and do not yet know how they can overcome it. However, they have a negative or sceptical aitude towards the supplier ("I don't know what I want but I don't want to work with you"). These customers are oen generally satisfied with their existing suppliers. Traditional discussion structures (demand analyses) are therefore normally ineffective here as reaching the same perceived level as other preferred suppliers is too difficult. The company's only chance is that salesperson positions the company not as a supplier, but rather as a consultant and makes a truly creative and differentiated offer. Of course this offer must make a stronger contribution to the customer's success than existing competitor offers do This demands specially skilled sales people. In addition to product knowledge they must also possess sector knowledge and commercial awareness. They must know the typical challenges in the market, the competitor's positioning/strategies and the implementation hurdles. The company will only win business by presenting an offer that is significantly different to that of the established suppliers. The new offer will need to enable the customer to overcome challenges beer and do it in a way that will provide credible added value - and greater success. This is another selling situation that growth oriented companies are facing more frequently. Expert selling: As in Consultative selling, in Expert selling customers face a new challenge for which they are still seeking a solution. But in this situation they are generally positive towards the offer ("I don't know what I need but I want to work with you"). The priority now is to understand the customer correctly and to produce the right solution. As opposed to Consultative selling, it is not necessary to work on establishing competence or to differentiate the company from competitors. In the eyes of the customer, the company already possesses an image of "the expert” that can be built on. The traditional route can be taken using a demand analysis. Relational selling: In this case the business relationship is already established and the customer places orders on a regular basis which do not have to be renegotiated each time or require input from the sales-person ("I know what I want and I want it from you"). Sales activity then focuses on the customer relationship and less on the product, services or a specific solution. This demands interpersonal and social competences from the salespersons, who must take ownership of the customer relationship . In this study we have investigated how oen these selling situations occur with individual companies. One can clearly see that there are differences between the companies surveyed. © Copyright 2012 Mercuri International Group AB 5
  • 6. Sales Excellence Study 2012 Differentiated selling If we apply these percentages to the differentiated selling matrix it becomes apparent that Top 10% and Boom 10% are facing different aitudes among their customers. The Top 10% have to do less of Assertive and Consultative Selling than the Boom 10%. This is not by coincidence as we will see on the following page. Top 10% 30% 21% Assertive Selling 9% Consultative Selling 70% 30% 49% Relational Selling 21% Expert Selling 70% Boom 10% 40% 28% Assertive Selling 12% Consultative Selling 70% 30% 42% Relational Selling 18% Expert Selling 60% © Copyright 2012 Mercuri International Group AB 6
  • 7. Sales Excellence Study 2012 Main competence strengths of salespeople Relational Selling competencies (being service minded, building rapport) are well developed within sales at all levels. But when it comes to competencies more related to the new demanding situations, the Top 10% are much more skilled than the Boom 10%. They have the right competencies in the crucial assertive and consultative selling. The biggest differentiators are in the “new” skills strongly linked to the two major challenges of the new buying landscape : facing buying autonomy and facing resistance. Among Boom performers, there is a competence gap, from the “classic “ sales skills to the “new skills landscape” . Yet this is where many companies still make their training investments. 84% ... are service minded, give the customer what he expects 79% 77% 83% ... building rapport and relationship, have social competence, are emphatic 75% 68% 85% ... are experts for the customer’s business their processes and markets 76% 67% 78% ... working in a very structured way (activity planning, seing priorities for customers and products) 67% 54% 85% ... are assertive, convincing, having charisma, being resistant to failure 69% 61% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Illustration 1: To what extent do you agree the following statements (top 2 boxes out of seven), n=1.150 Statements with differences > 20% between top 10% and Boom 10% are marked in red © Copyright 2012 Mercuri International Group AB 7