How B2B sales process could be better (from buyers perspective)
Hello dear SDR! I recently had a call with a company and after the call a friend of mine who works there asked me to give some feedback. At first I was going to say what I didn’t like but instead I decided that it’s not fair and productive and instead decided to focus on how to improve their sales process so I would be convinced.
I want to share generalized ideas with everyone here with a hope that if it will help at least 1 person it was not for nothing.
So, if you are trying to sell something to a CTO like me let’s focus on my responsibilities, values, fears and reality. Let’s start with the latter.
I lead a group of 35 engineers in a technology enabled company. Our core business is D2C subscription. We do a lot of in-house development. We have a remote team. All this information is available online. So let use it and see what could be my responsibilities in such an organization:
- People management - I want to retain best people and it means I want to give them tools that save their time, not consume
- Technology management - I want to use services that easy to implement, use, support
- Business continuity - I need reliable partners who just work and if something is off and I want to be able to contact customer support who is responsive and present
- Budget management - every service that I use should have a very clear ROI
So, let's see a couple of examples of how it could work.
For example, you work for a fintech company. Here is what how you can prepare:
- Understand what is the killer feature that your product can provide me - ability to accept various currency (valuable if we announce international expansion), ability to increase approval rate (always an issue), ability to help with chargebacks (always an issue)
- Once you have that make a research and find who do we use now and provide a list of 2-3 things that you do better and why it’s important now and going forward
- Connect it to your pricing and if it’s higher (there is always a way to know average pricing) than what I use now - prepare an ROI explanation
- Outline how the migration might look like from people and timing perspective and who exactly your team will help us
- Prepare a couple of reference from other subscription (ideally) or e-commerce businesses of similar size
- Don’t use a video with my name on the piece of paper, not cool (for me, so research my linkedin and my posts)
Boom, here is your strategy.
Another example, let’s go to a more technical product and image that you work for the observability company. So, what do I want from such a service as a CTO? I don’t care about fancy dashboards. So here is how it look:
- I want my team to know about the incident before my CX team comes to me and start working on it together across SRE, back, front, etc.
- So it means that the killer feature of the the observability platform for the CTO (at least for me) is incident management and ability to gather a response team
- I work for a subscription company so what could be an example of critical incidents? Home page is not loading, 5xx errors during the checkout, 3rd party payment service is not working
- Do research about our stack - blog posts, engineering profiles, what do we talk about on conferences and so on
- Create cases I describe above on your demo environment
Again, you see a lot of preparation, but this is something that I will notice during the sales process. Only 1 out of 20 SDR does the homework and comes prepared. This could be better. I hope that was helpful and I happy to answer to your questions.
GTM Expert! Founder/CEO Full Throttle Falato Leads - 25 years of Enterprise Sales Experience - Lead Generation Automation, US Air Force Veteran, Brazilian Jiu Jitsu Black Belt, Muay Thai, Saxophonist, Scuba Diver
2moAndrei, thanks for sharing! Any good events coming up for you or your team? I am hosting a live monthly roundtable every first Wednesday at 11am EST to trade tips and tricks on how to build effective revenue strategies. I would love to have you be one of my special guests! We will review topics such as: -LinkedIn Automation: Using Groups and Events as anchors -Email Automation: How to safely send thousands of emails and what the new Google and Yahoo mail limitations mean -How to use thought leadership and MasterMind events to drive top-of-funnel -Content Creation: What drives meetings to be booked, how to use ChatGPT and Gemini effectively Please join us by using this link to register: https://www.eventbrite.com/e/monthly-roundtablemastermind-revenue-generation-tips-and-tactics-tickets-1236618492199
CTO @ 🇺🇦 🇸🇪 | Software Developer Helping businesses with AI software solutions | ML & AI | Digital Transformation & MVP for Startups & SMBs | OpenGeeksLab
2moAndrei, thanks for sharing.
Global Chief Marketing & AI Officer, Exec BOD Member, Investor, Futurist, Identity Security | Top 100 CMO Forbes, Top 50 CXO, Top 10 CMO | Consulting Producer Netflix | Speaker | #CMO #CMAIO #Agentic #AI
8moAndrei, thanks for sharing! How are you doing?
Oh my, just seeing this a very good call, thank you Andrei Rebrov 🚀 , love the common sense and the insights from a buyer's perspective.
Protecting The SMB market from Enterprise-Grade Cyber Attacks
2yThank you for sharing Andrei Rebrov 🚀 it’s surely valuable, for an SDR the first few seconds of the conversation are critical We are all buyers and sellers in life!