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BOOTCAMP pro podnikatele
C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
Selling to Corporates




              “Getting to the Deal”

                                   W. Pritts




                                                                                       BOOTCAMP pro podnikatele
               C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
               Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
               Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
Executive Summary

Following corporate sales “basics” improves pipeline
population by 30X*


“Shifting” Client performance to match organizational
excellence helps get the attention of many stakeholders
(gets your fit in many doors at once)**


Formal and Informal savvy through the tender process
increase chances of winning
    Formal tenders require perfectionism and professionalism
    On an informal level patience, faith, and hard work prevail


* Velocity Reprint – SAMA, Q1 2009
** Mercuri – “Corp Marking” 2008


                                                                                                             BOOTCAMP pro podnikatele
                                     C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                                     Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                                     Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
Sales “Basics”


  Normal State                                                    Next Level
   Product-Focused                                              Customer Value-
       Selling                                                Focused Engagement
    Limited Insight                                     From Supplier to Partner
   into Customer’s                                           Winning the
       Business                                            Consultative Sale
      Reactive                                                 Proactive Strategic
     Opportunity                                              Opportunity Creation                        Growth with
     Engagement                                               Increase of Hit Rate                         Strategic /
                                                                                                           Potential
  Selling Primarily in                                  Developing and Leveraging                          Accounts
  the “Comfort Zone”                                     Executive Relationships

    Win-Rate and                                             Effective Execution of
   Pipeline Quality                                          Sales “Best Practices”

     Lack of Field                                                   High Impact
 Inspection and Review                                              Sales Coaching

                                                                                                 BOOTCAMP pro podnikatele
                         C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                         Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                         Printed on: 5.8.2009         4
                                                   Open/Printed by: Pritts, William, VF-CZ
How Can We Engage With Clients?


        1. Through the assessment process, determine where Client’s performance is
           best and target lower-performing competencies to become as high-
           performing (via your service/product)
        2. Design/develop an Client-specific “Best Practices Program” that integrates
           your own best practices and supplements them as needed
        3. Gain buy-in/build consensus for your new “Best Practices Program” thru
           assessment/development phases and leverage throughout deployment.



                                                                                                                              Why are
                                                                                                                                these
                                                                                                                              activities
                                                                                       80%                                   consistently
                                                                      How can we                                             successful?
                          10%                                         “shift” this                                           10%
                                                                     performance?
                                                                                                                           BOOTCAMP pro podnikatele
                                                             C2 - Vodafone Restricted                                  14. – 15. srpna 2009, Martinice
                                                             Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
© 2009 Mercuri (portions) and Performance Methods (portions)             Proprietary and Confidential William, VF-CZ
                                                         Printed on: 5.8.2009     Open/Printed by: Pritts,                                         5
“Getting to the Deal” in Corporate
Sales – Formal/Informal Procedures

   Formal: Potential corporate clients will need qualitative
   and qualitative data
      Product and service info
      Turnover and references
      Your company culture and future plans


   Informal: Different stakeholders will make sure their
   interests are protected
      Some departments will try to push their favorite suppliers
      Dominant managers will try to appear as keymaster




                                                                                               BOOTCAMP pro podnikatele
                       C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                       Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                       Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
“Getting to the Deal” in Corporate
Sales – Formal/Informal Procedures

   Formal: Clients seek long-term partners
      Two-way long-term partnerships the best
      Market changes make for company changes – never say
      never!


   Informal: Relationships need familiarity
      Be sure you really know the manager you will be working
      for and all his needs within the organization
      Don’t forget about all stakeholders and what they like to
      drink




                                                                                               BOOTCAMP pro podnikatele
                       C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                       Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                       Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
“Getting to the Deal” in Corporate
Sales – Formal/Informal Procedures


   Formal: Be able to give proactive consultations
      Find measurable and realistic value
      Give concrete examples without product focus
         Cut costs, improve processes, sharpen skills
         Improve customer experience for Client’s end users


   Informal: Don’t sell just to be proactive
      Be sure everything you sell fits the needs of all the
      stakeholders




                                                                                                 BOOTCAMP pro podnikatele
                         C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                         Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                         Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
“Getting to the Deal” in Corporate
Sales – Formal/Informal Procedures

   Formal: The main contact for the purchasing process is
   always SCM




   Informal: Help the manager who will be using your
   service/product get through company bureaucracy
      Know internal purchasing policies
      Never make form or content mistakes during the tender
      Solve formal tender problems with the SCM first

                                                                                               BOOTCAMP pro podnikatele
                       C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                       Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                       Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
“Getting to the Deal” in Corporate
Sales – Formal/Informal Procedures


   Formal: Be prepared to demonstrate financial stability of
   your company


   Informal: Be prepared to test your psychological
   stability
      The tender will be cancelled at least once
      Priorities change within the Client’s organization:
         Endless delays
         Immediate unexpected deadlines




                                                                                                  BOOTCAMP pro podnikatele
                          C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                          Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                          Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
“Getting to the Deal” in Corporate
Sales – Formal/Informal Procedures


   Formal: Tenders include many rounds
      First rounds for service integrity and know-how
      Later rounds more detailed including budgeting


   Informal: Many departments involved change their
   minds, which in turn change requirements
      Departments with most at stake at each round will most
      influence that round and appear to twist requirements
      Many times the required output of the project under tender
      will change “full-circle”




                                                                                               BOOTCAMP pro podnikatele
                       C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                       Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                       Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
“Getting to the Deal” in Corporate
Sales – Formal/Informal Procedures


   Formal: Contracts are closed only after the tender
   process is officially complete
      Winners often mentioned in the Media
      Legal departments follow strict guidelines


   Informal: Contracts often take longer than tenders
      Immediately after winning a tender begin acting per the
      culture of the Client’s organization – don’t give any reason
      to cancel the deal
      Keep lawyers aware of tender process and immediately
      after tender finishes get them involved




                                                                                                BOOTCAMP pro podnikatele
                        C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                        Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                        Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ
Conlcusion


Use sales basics over and over and over to give potential
Clients better performance
Be careful with formalities and prepared for unexpected
informalities



    “Victory is sweetest when you've known defeat.”

                   Malcolm Forbes




                                                                                           BOOTCAMP pro podnikatele
                   C2 - Vodafone Restricted                                            14. – 15. srpna 2009, Martinice
                   Classified on: 4.8.2009   Owner: Pritts, William, VF-CZ
                   Printed on: 5.8.2009      Open/Printed by: Pritts, William, VF-CZ

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Jak se prodat korporacím? - William Pritts

  • 1. BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 2. Selling to Corporates “Getting to the Deal” W. Pritts BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 3. Executive Summary Following corporate sales “basics” improves pipeline population by 30X* “Shifting” Client performance to match organizational excellence helps get the attention of many stakeholders (gets your fit in many doors at once)** Formal and Informal savvy through the tender process increase chances of winning Formal tenders require perfectionism and professionalism On an informal level patience, faith, and hard work prevail * Velocity Reprint – SAMA, Q1 2009 ** Mercuri – “Corp Marking” 2008 BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 4. Sales “Basics” Normal State Next Level Product-Focused Customer Value- Selling Focused Engagement Limited Insight From Supplier to Partner into Customer’s Winning the Business Consultative Sale Reactive Proactive Strategic Opportunity Opportunity Creation Growth with Engagement Increase of Hit Rate Strategic / Potential Selling Primarily in Developing and Leveraging Accounts the “Comfort Zone” Executive Relationships Win-Rate and Effective Execution of Pipeline Quality Sales “Best Practices” Lack of Field High Impact Inspection and Review Sales Coaching BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 4 Open/Printed by: Pritts, William, VF-CZ
  • 5. How Can We Engage With Clients? 1. Through the assessment process, determine where Client’s performance is best and target lower-performing competencies to become as high- performing (via your service/product) 2. Design/develop an Client-specific “Best Practices Program” that integrates your own best practices and supplements them as needed 3. Gain buy-in/build consensus for your new “Best Practices Program” thru assessment/development phases and leverage throughout deployment. Why are these activities 80% consistently How can we successful? 10% “shift” this 10% performance? BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ © 2009 Mercuri (portions) and Performance Methods (portions) Proprietary and Confidential William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, 5
  • 6. “Getting to the Deal” in Corporate Sales – Formal/Informal Procedures Formal: Potential corporate clients will need qualitative and qualitative data Product and service info Turnover and references Your company culture and future plans Informal: Different stakeholders will make sure their interests are protected Some departments will try to push their favorite suppliers Dominant managers will try to appear as keymaster BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 7. “Getting to the Deal” in Corporate Sales – Formal/Informal Procedures Formal: Clients seek long-term partners Two-way long-term partnerships the best Market changes make for company changes – never say never! Informal: Relationships need familiarity Be sure you really know the manager you will be working for and all his needs within the organization Don’t forget about all stakeholders and what they like to drink BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 8. “Getting to the Deal” in Corporate Sales – Formal/Informal Procedures Formal: Be able to give proactive consultations Find measurable and realistic value Give concrete examples without product focus Cut costs, improve processes, sharpen skills Improve customer experience for Client’s end users Informal: Don’t sell just to be proactive Be sure everything you sell fits the needs of all the stakeholders BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 9. “Getting to the Deal” in Corporate Sales – Formal/Informal Procedures Formal: The main contact for the purchasing process is always SCM Informal: Help the manager who will be using your service/product get through company bureaucracy Know internal purchasing policies Never make form or content mistakes during the tender Solve formal tender problems with the SCM first BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 10. “Getting to the Deal” in Corporate Sales – Formal/Informal Procedures Formal: Be prepared to demonstrate financial stability of your company Informal: Be prepared to test your psychological stability The tender will be cancelled at least once Priorities change within the Client’s organization: Endless delays Immediate unexpected deadlines BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 11. “Getting to the Deal” in Corporate Sales – Formal/Informal Procedures Formal: Tenders include many rounds First rounds for service integrity and know-how Later rounds more detailed including budgeting Informal: Many departments involved change their minds, which in turn change requirements Departments with most at stake at each round will most influence that round and appear to twist requirements Many times the required output of the project under tender will change “full-circle” BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 12. “Getting to the Deal” in Corporate Sales – Formal/Informal Procedures Formal: Contracts are closed only after the tender process is officially complete Winners often mentioned in the Media Legal departments follow strict guidelines Informal: Contracts often take longer than tenders Immediately after winning a tender begin acting per the culture of the Client’s organization – don’t give any reason to cancel the deal Keep lawyers aware of tender process and immediately after tender finishes get them involved BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ
  • 13. Conlcusion Use sales basics over and over and over to give potential Clients better performance Be careful with formalities and prepared for unexpected informalities “Victory is sweetest when you've known defeat.” Malcolm Forbes BOOTCAMP pro podnikatele C2 - Vodafone Restricted 14. – 15. srpna 2009, Martinice Classified on: 4.8.2009 Owner: Pritts, William, VF-CZ Printed on: 5.8.2009 Open/Printed by: Pritts, William, VF-CZ