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Powering B2B sales to economic buyers




                                          TOM PISELLO, Chairman & Founder
http://www.fightfrugalnomics.com
                                          Blog: http://tompiselloroiguy.blogspot.com/

                                          Twitter: @tpisello

                                          http://www.alinean.com




                  Is Justifying Proposals with ROI Sales & Marketing
                  Tools a Requirement?
A New Buyer Requires New Strategy & Tactics




           http://www.fightfrugalnomics.com




                                              © 2011 Alinean, Inc.
                                                                     2
Buyers are Economic-Focused


 •   Size




More Leads to Close Same   Executive Scrutiny     Reduced Deal Size
 Amount of Business
                           Longer Sales Cycles   Increased Competition
More Stakeholders
                               Stalled Deals
                                                         © 2011 Alinean, Inc.
                                                                                3
Frugalnomics: the new mantra for B2B Buyers


                                                                On average 90% of corporations surveyed require
     Quantifiable benefits
                                                                quantifiable proof of bottom-line benefits on most
       are mandatory
                                                                projects.


                                                                Two-thirds (65%) of buyers indicate that they do not
     Quantifying value is
                                                                have the knowledge or tools needed to do business
     difficult for buyers
                                                                value assessments and calculations.



   Buyers turn to vendors                                       81% of buyers expect vendors to quantify business
   for value proof points                                       value of proposed solutions.



                                                                Most trusted sources are: Industry Analysts (31.4%),
  Third party validation is                                     and Peers (28.7%).
          essential
                                                                Vendors lag as a trusted source for only 8.1%.


Source: IDC 2010, survey of 200 B2B buyers,
Sirius Decisions 2010 B-to-B Buyer Survey on trusted sources.
                                                                                                         © 2011 Alinean, Inc.
                                                                                                                                4
Fight Frugalnomics with Value Selling & Marketing


Product Focus                     Solution Focus                   Value Focus
Discussion:                                                         Discussion:
                                  Discussion:
•   Customer knows issue                                             • Prescriptive & Quantified
                                   • Customer knows issues &
•   Tie features / functions to      desired outcome                 • Discover… Is customer
    needs                                                              aware of issue?
                                   • Questions to discover pain
•   Compares product                 points
    alternatives                                                     • Diagnose… How bad is it?

•   Feature • Function • Price     • Recommend solution to           • Quantify … Value of change
                                     solve pain
                                                                     • Compare … Value vs. Status
Drive: Sales Led: Product         Drive: Sales Led: Pain-Point         Quo / Competition
Driven                            Driven
                                                                    Drive: Diagnostic Led: What
                                                                    is issue & value of change?




                                       Solution
        Vendor                                                    Trusted Advisor
                                       Provider                                © 2011 Alinean, Inc.
                                                                                                      5
Unfortunately, Product / Solution Selling Still Reigns




                                      Forrester Sales Enablement Forum- 2011




                                                                © 2011 Alinean, Inc.
                                                                                       6
Facilitating the Buyer’s Journey w/ Interactive Sales &
 Marketing Tools
BUYER’S JOURNEY

      Loosening                           Exploring        Committing         Justifying
                        Committing                                                                Making the
        of the                             possible           to a               the
                         to change                                                                 selection
      status quo                          solutions         solution           decision

               DISCOVERY                          CONSIDERATION                        DECISION


Content Marketing & Sales Enablement Strategy
                                         Help             Align
                         Align           buyer          solution                                      Validate/
   Create                                                                                              reinforce
                     problem with      identify           with             Make the
 awareness                                                                                              choice
                        business       needs in         specific         business case
around a new
                     issues; drive      solving          sets of          for change                  Prove best
  problem
                        urgency           the           business                                         value
                                       problem           needs

            PROVOCATIVE APPROACH                                           VALUE APPROACH


 Interactive White           Diagnostic Assessment
                                                             ROI Analysis Tools            TCO Comparison Tools
       Papers                        Tools




                                                                                            © 2011 Alinean, Inc.
                                                                                                                   7
Facilitating the Buyer’s Journey w/ Interactive Sales &
 Marketing Tools
BUYER’S JOURNEY

      Loosening                           Exploring        Committing         Justifying
                        Committing                                                                Making the
        of the                             possible           to a               the
                         to change                                                                 selection
      status quo                          solutions         solution           decision

               DISCOVERY                          CONSIDERATION                        DECISION


Content Marketing & Sales Enablement Strategy
                                         Help             Align
                         Align           buyer          solution                                      Validate/
   Create                                                                                              reinforce
                     problem with      identify           with             Make the
 awareness                                                                                              choice
                        business       needs in         specific         business case
around a new
                     issues; drive      solving          sets of          for change                  Prove best
  problem
                        urgency           the           business                                         value
                                       problem           needs

            PROVOCATIVE APPROACH                                           VALUE APPROACH


 Interactive White           Diagnostic Assessment
                                                             ROI Analysis Tools            TCO Comparison Tools
       Papers                        Tools




                                                                                            © 2011 Alinean, Inc.
                                                                                                                   8
Driving More Effective Demand Generation and Sales Enablement



  Demand-Gen Tools                           Sales Enablement Tools


 • Developed for B2B websites and direct      • For global sales enablement programs
   marketing campaigns                        • Empower consultative selling programs
 • Provocative: Engage, Connect & Educate     • Detailed business case
 • High Level Benefits / ROI                  • Help justify solution to multiple
 • Help set agenda and advance sales cycle      stakeholders & CFO




                                                                           © 2011 Alinean, Inc.
                                                                                                  9
Demand-Gen: ROI Marketing Tool Case Study




           http://www.fightfrugalnomics.com




                                              © 2011 Alinean, Inc.
                                                                     10
HP Networking ROI Calculator




 http://roianalyst.hp.com/roianalyst/AutoLogin.do?d=754959295570998302
                                                                         © 2011 Alinean, Inc.
                                                                                                11
Company Profile




                  © 2011 Alinean, Inc.
                                         12
Benefits and Financials




                          © 2011 Alinean, Inc.
                                                 13
Assumptions




              © 2011 Alinean, Inc.
                                     14
Registration Options & Reports



Registration Considerations
 Up-front
 To get results
 To get report
 None


Integration
 Lead Nurturing / CRM
 Basic Registration
 Enhanced Profile
 Key Results
                                   Executive Summary vs. Full Report?
                                   Options: PDF / Word / PPT

 Additional Examples: http://www.alinean.com/demand-gen/ROI_tools.aspx

                                                           © 2011 Alinean, Inc.
                                                                                  15
Sales Enablement: ROI Sales Tools Case Study




            http://www.fightfrugalnomics.com




                                               © 2011 Alinean, Inc.
                                                                      16
Solution Selection




                     © 2011 Alinean, Inc.
                                            17
Current Practices Assessment




                               © 2011 Alinean, Inc.
                                                      18
Current Practices Analysis




                             © 2011 Alinean, Inc.
                                                    19
Survey Questions – As Is Discovery / Sizing




                                              © 2011 Alinean, Inc.
                                                                     20
Benefits




           © 2011 Alinean, Inc.
                                  21
Benefit Details




                  © 2011 Alinean, Inc.
                                         22
Source – Validating Savings with Research & Case Studies




                                                   © 2011 Alinean, Inc.
                                                                          23
ROI Analysis




               © 2011 Alinean, Inc.
                                      24
Additional Features


•   Template /Reference Models               •   Deployment Schedule
    – Helps sales get a quick start on the   •   Benefit Realization
      case
    – Default metrics and research
                                             •   Risk Analysis
                                                 – Optimized
•   Add Additional Benefits                      – Probable
    – Quick Add                                  – Conservative Cases
    – Select from Comprehensive Library
    – Build / Edit Your Own                  •   Multi-Analysis Roll-up
                                                 –   Combine N number of business cases
•   Flexible Report Options:
    – Multiple reports for different
      stakeholders / purposes
    – Format Options
        • PPT
        • Word
        • PDF
                                                                          © 2011 Alinean, Inc.
                                                                                                 25
ROI Sales & Marketing Tools Best Practices & Benefits




                http://www.fightfrugalnomics.com




                                                   © 2011 Alinean, Inc.
                                                                          26
Best Practices

•   Demand-Gen                                •   Sales Enablement
    –   Keep inputs & results simple              –   Keep input & results simple
        • 10 minutes maximum for demand-gen           • Sales easily intimidated



    –   Layer details to provide access to        –   Layer details so sales can work with
        review / challenge assumptions                customers to review / challenge
                                                      assumptions transfer ownership
    –   Pre-fill with default metrics
                                                  – Provide ability to customize /
        • Document assumptions
                                                    disable / add benefits &
        • 3rd party research and validation         investments
        • Case study examples for savings         – Provide multiple report options
          claims                                      • Format: Word / PPT
                                                      • Exec summary, details, different
                                                        stakeholders
    – Allow access without registration,
      restrict details / report to                –   Provide Support
      registrants                                     • Training

    – Strong call to action / next steps              • Proposal Center
                                                      • Deal Assistance
    – Use request to follow-up
                                                                             © 2011 Alinean, Inc.
                                                                                                    27
Typical Development Project



• Demand-Gen                             •   Sales Enablement
 –   Week 1: Kickoff                         –   Week 1: Kickoff
 –   Week 2: Initial Prototype               –   Week 2: Initial Prototype
     Spreadsheet                                 Spreadsheet
 –   Week 3: 2nd Prototype Spreadsheet       –   Week 3: 2nd Prototype
 –   Week 4: Initial Tool Alpha                  Spreadsheet
 –   Week 5: Initial Tool Beta               –   Week 5: Initial Tool Alpha
 –   Week 6: Initial Tool Pilot              –   Week 7: Initial Tool Beta
 –   Week 8: Final                           –   Week 8: Initial Tool Pilot
                                             –   Week 10: Final




                                                                   © 2011 Alinean, Inc.
                                                                                          28
What is Required of You and Your Team?


•   Collect and Provide Prior Art:            •   Participation
    – Benefit statements                          – Weekly meeting
    – Benefit / ROI white papers                  – Weekly review
    – Spreadsheet or other tools                  – Alpha, Beta & Pilot review
    – ROI / Benefit oriented case studies


•   Create Tool Development /
    Review Team
    –   Marketing/ sales enablement
        usually leads project
    –   ROI subject matter expert(s)
    –   Enterprise sales representation
    –   Channel sales representation
    –   Pilot review team (select customers
        / partners)


                                                                        © 2011 Alinean, Inc.
                                                                                               29
Facilitating the Buyer’s Journey w/ Interactive Sales &
 Marketing Tools
BUYER’S JOURNEY

      Loosening                           Exploring        Committing         Justifying
                        Committing                                                                Making the
        of the                             possible           to a               the
                         to change                                                                 selection
      status quo                          solutions         solution           decision

               DISCOVERY                          CONSIDERATION                        DECISION


Content Marketing & Sales Enablement Strategy
                                         Help             Align
                         Align           buyer          solution                                      Validate/
   Create                                                                                              reinforce
                     problem with      identify           with             Make the
 awareness                                                                                              choice
                        business       needs in         specific         business case
around a new
                     issues; drive      solving          sets of          for change                  Prove best
  problem
                        urgency           the           business                                         value
                                       problem           needs

            PROVOCATIVE APPROACH                                           VALUE APPROACH


 Interactive White           Diagnostic Assessment
                                                             ROI Analysis Tools            TCO Comparison Tools
       Papers                        Tools




                                                                                            © 2011 Alinean, Inc.
                                                                                                                   30
Value of Alinean Business Value Selling / Marketing Tools


                                            ï‚„ Break through the noise with value add / personalized
Connect higher in organization & speak
                                              content
language of economic buyers / CFOs          ï‚„ Elevate relationships from vendor to trusted advisor


                                            ï‚„ Drive 50% more leads / connections compared to other
Engage on value vs.
                                              initiatives
feature / function / price                  ï‚„ Reduce discounting and increase deal size by 20%


Automate development of personalized        ï‚„ Reduce proposal time from days to hours
assessments and business case proposals     ï‚„ Reduce sales cycles by 20-30%


                                            ï‚„   Convert 240% more prospects to sales than other programs
Prove more value, lower costs and           ï‚„   Convert 240% more prospects to sales than other programs
                                            ï‚„
                                            ï‚„   Increase the competitive success rate of proposals by over
                                                Increase the competitive success rate of proposals by over
competitive advantages                          60%
                                                60%


Deliver credibility with research and 3rd   ï‚„ Increase the credibility and acceptance of proposals by
                                              100%
party validation
                                            ï‚„ Convert existing Excel sales tools into on-line interactive
Develop sales tools with lower TCO            applications with no programming
                                            ï‚„ SaaS delivery
                                            ï‚„ Self-authoring for shared workload

                                            ï‚„ Enable all direct and channel sales teams with a scalable
Standardize and centralize value
                                              sales /marketing tool suite.
selling / marketing efforts                 ï‚„ Collect customer data, track and drive usage

                                                                                     © 2011 Alinean, Inc.
                                                                                                             31
Next Steps

Alinean powered tools can significantly upgrade the quality of sales interactions
throughout the buying process, allowing prospects to drive at the beginning
through simpler, self-service tools and sales to provide greater depth as the buying
process proceeds – SiriusDecisions 2010


   1.   Your Sales & Marketing Ready to Do Business with Frugal Buyers?
        Take this Diagnostic Assessment to Find Out.

   2.   Research White Paper: Sales Enablement and the Economic Buyer

   3.   Over 200% ROI from a Value Selling Program Sound Impossible?
        Find Out for Yourself

   4.   Why Alinean? Alinean Vendor Profile (SiriusDecisions)



                                       http://www.fightfrugalnomics.com
                                                                      © 2011 Alinean, Inc.
                                                                                             32
Thank You!




http://www.fightfrugalnomics.com




                                   © 2011 Alinean, Inc.
                                                          33

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Justifying Solutions to Frugal Buyers: ROI Sales and Marketing Tools

  • 1. Powering B2B sales to economic buyers TOM PISELLO, Chairman & Founder http://www.fightfrugalnomics.com Blog: http://tompiselloroiguy.blogspot.com/ Twitter: @tpisello http://www.alinean.com Is Justifying Proposals with ROI Sales & Marketing Tools a Requirement?
  • 2. A New Buyer Requires New Strategy & Tactics http://www.fightfrugalnomics.com © 2011 Alinean, Inc. 2
  • 3. Buyers are Economic-Focused • Size More Leads to Close Same Executive Scrutiny Reduced Deal Size Amount of Business Longer Sales Cycles Increased Competition More Stakeholders Stalled Deals © 2011 Alinean, Inc. 3
  • 4. Frugalnomics: the new mantra for B2B Buyers On average 90% of corporations surveyed require Quantifiable benefits quantifiable proof of bottom-line benefits on most are mandatory projects. Two-thirds (65%) of buyers indicate that they do not Quantifying value is have the knowledge or tools needed to do business difficult for buyers value assessments and calculations. Buyers turn to vendors 81% of buyers expect vendors to quantify business for value proof points value of proposed solutions. Most trusted sources are: Industry Analysts (31.4%), Third party validation is and Peers (28.7%). essential Vendors lag as a trusted source for only 8.1%. Source: IDC 2010, survey of 200 B2B buyers, Sirius Decisions 2010 B-to-B Buyer Survey on trusted sources. © 2011 Alinean, Inc. 4
  • 5. Fight Frugalnomics with Value Selling & Marketing Product Focus Solution Focus Value Focus Discussion: Discussion: Discussion: • Customer knows issue • Prescriptive & Quantified • Customer knows issues & • Tie features / functions to desired outcome • Discover… Is customer needs aware of issue? • Questions to discover pain • Compares product points alternatives • Diagnose… How bad is it? • Feature • Function • Price • Recommend solution to • Quantify … Value of change solve pain • Compare … Value vs. Status Drive: Sales Led: Product Drive: Sales Led: Pain-Point Quo / Competition Driven Driven Drive: Diagnostic Led: What is issue & value of change? Solution Vendor Trusted Advisor Provider © 2011 Alinean, Inc. 5
  • 6. Unfortunately, Product / Solution Selling Still Reigns Forrester Sales Enablement Forum- 2011 © 2011 Alinean, Inc. 6
  • 7. Facilitating the Buyer’s Journey w/ Interactive Sales & Marketing Tools BUYER’S JOURNEY Loosening Exploring Committing Justifying Committing Making the of the possible to a the to change selection status quo solutions solution decision DISCOVERY CONSIDERATION DECISION Content Marketing & Sales Enablement Strategy Help Align Align buyer solution Validate/ Create reinforce problem with identify with Make the awareness choice business needs in specific business case around a new issues; drive solving sets of for change Prove best problem urgency the business value problem needs PROVOCATIVE APPROACH VALUE APPROACH Interactive White Diagnostic Assessment ROI Analysis Tools TCO Comparison Tools Papers Tools © 2011 Alinean, Inc. 7
  • 8. Facilitating the Buyer’s Journey w/ Interactive Sales & Marketing Tools BUYER’S JOURNEY Loosening Exploring Committing Justifying Committing Making the of the possible to a the to change selection status quo solutions solution decision DISCOVERY CONSIDERATION DECISION Content Marketing & Sales Enablement Strategy Help Align Align buyer solution Validate/ Create reinforce problem with identify with Make the awareness choice business needs in specific business case around a new issues; drive solving sets of for change Prove best problem urgency the business value problem needs PROVOCATIVE APPROACH VALUE APPROACH Interactive White Diagnostic Assessment ROI Analysis Tools TCO Comparison Tools Papers Tools © 2011 Alinean, Inc. 8
  • 9. Driving More Effective Demand Generation and Sales Enablement Demand-Gen Tools Sales Enablement Tools • Developed for B2B websites and direct • For global sales enablement programs marketing campaigns • Empower consultative selling programs • Provocative: Engage, Connect & Educate • Detailed business case • High Level Benefits / ROI • Help justify solution to multiple • Help set agenda and advance sales cycle stakeholders & CFO © 2011 Alinean, Inc. 9
  • 10. Demand-Gen: ROI Marketing Tool Case Study http://www.fightfrugalnomics.com © 2011 Alinean, Inc. 10
  • 11. HP Networking ROI Calculator http://roianalyst.hp.com/roianalyst/AutoLogin.do?d=754959295570998302 © 2011 Alinean, Inc. 11
  • 12. Company Profile © 2011 Alinean, Inc. 12
  • 13. Benefits and Financials © 2011 Alinean, Inc. 13
  • 14. Assumptions © 2011 Alinean, Inc. 14
  • 15. Registration Options & Reports Registration Considerations  Up-front  To get results  To get report  None Integration  Lead Nurturing / CRM  Basic Registration  Enhanced Profile  Key Results Executive Summary vs. Full Report? Options: PDF / Word / PPT Additional Examples: http://www.alinean.com/demand-gen/ROI_tools.aspx © 2011 Alinean, Inc. 15
  • 16. Sales Enablement: ROI Sales Tools Case Study http://www.fightfrugalnomics.com © 2011 Alinean, Inc. 16
  • 17. Solution Selection © 2011 Alinean, Inc. 17
  • 18. Current Practices Assessment © 2011 Alinean, Inc. 18
  • 19. Current Practices Analysis © 2011 Alinean, Inc. 19
  • 20. Survey Questions – As Is Discovery / Sizing © 2011 Alinean, Inc. 20
  • 21. Benefits © 2011 Alinean, Inc. 21
  • 22. Benefit Details © 2011 Alinean, Inc. 22
  • 23. Source – Validating Savings with Research & Case Studies © 2011 Alinean, Inc. 23
  • 24. ROI Analysis © 2011 Alinean, Inc. 24
  • 25. Additional Features • Template /Reference Models • Deployment Schedule – Helps sales get a quick start on the • Benefit Realization case – Default metrics and research • Risk Analysis – Optimized • Add Additional Benefits – Probable – Quick Add – Conservative Cases – Select from Comprehensive Library – Build / Edit Your Own • Multi-Analysis Roll-up – Combine N number of business cases • Flexible Report Options: – Multiple reports for different stakeholders / purposes – Format Options • PPT • Word • PDF © 2011 Alinean, Inc. 25
  • 26. ROI Sales & Marketing Tools Best Practices & Benefits http://www.fightfrugalnomics.com © 2011 Alinean, Inc. 26
  • 27. Best Practices • Demand-Gen • Sales Enablement – Keep inputs & results simple – Keep input & results simple • 10 minutes maximum for demand-gen • Sales easily intimidated – Layer details to provide access to – Layer details so sales can work with review / challenge assumptions customers to review / challenge assumptions transfer ownership – Pre-fill with default metrics – Provide ability to customize / • Document assumptions disable / add benefits & • 3rd party research and validation investments • Case study examples for savings – Provide multiple report options claims • Format: Word / PPT • Exec summary, details, different stakeholders – Allow access without registration, restrict details / report to – Provide Support registrants • Training – Strong call to action / next steps • Proposal Center • Deal Assistance – Use request to follow-up © 2011 Alinean, Inc. 27
  • 28. Typical Development Project • Demand-Gen • Sales Enablement – Week 1: Kickoff – Week 1: Kickoff – Week 2: Initial Prototype – Week 2: Initial Prototype Spreadsheet Spreadsheet – Week 3: 2nd Prototype Spreadsheet – Week 3: 2nd Prototype – Week 4: Initial Tool Alpha Spreadsheet – Week 5: Initial Tool Beta – Week 5: Initial Tool Alpha – Week 6: Initial Tool Pilot – Week 7: Initial Tool Beta – Week 8: Final – Week 8: Initial Tool Pilot – Week 10: Final © 2011 Alinean, Inc. 28
  • 29. What is Required of You and Your Team? • Collect and Provide Prior Art: • Participation – Benefit statements – Weekly meeting – Benefit / ROI white papers – Weekly review – Spreadsheet or other tools – Alpha, Beta & Pilot review – ROI / Benefit oriented case studies • Create Tool Development / Review Team – Marketing/ sales enablement usually leads project – ROI subject matter expert(s) – Enterprise sales representation – Channel sales representation – Pilot review team (select customers / partners) © 2011 Alinean, Inc. 29
  • 30. Facilitating the Buyer’s Journey w/ Interactive Sales & Marketing Tools BUYER’S JOURNEY Loosening Exploring Committing Justifying Committing Making the of the possible to a the to change selection status quo solutions solution decision DISCOVERY CONSIDERATION DECISION Content Marketing & Sales Enablement Strategy Help Align Align buyer solution Validate/ Create reinforce problem with identify with Make the awareness choice business needs in specific business case around a new issues; drive solving sets of for change Prove best problem urgency the business value problem needs PROVOCATIVE APPROACH VALUE APPROACH Interactive White Diagnostic Assessment ROI Analysis Tools TCO Comparison Tools Papers Tools © 2011 Alinean, Inc. 30
  • 31. Value of Alinean Business Value Selling / Marketing Tools ï‚„ Break through the noise with value add / personalized Connect higher in organization & speak content language of economic buyers / CFOs ï‚„ Elevate relationships from vendor to trusted advisor ï‚„ Drive 50% more leads / connections compared to other Engage on value vs. initiatives feature / function / price ï‚„ Reduce discounting and increase deal size by 20% Automate development of personalized ï‚„ Reduce proposal time from days to hours assessments and business case proposals ï‚„ Reduce sales cycles by 20-30% ï‚„ Convert 240% more prospects to sales than other programs Prove more value, lower costs and ï‚„ Convert 240% more prospects to sales than other programs ï‚„ ï‚„ Increase the competitive success rate of proposals by over Increase the competitive success rate of proposals by over competitive advantages 60% 60% Deliver credibility with research and 3rd ï‚„ Increase the credibility and acceptance of proposals by 100% party validation ï‚„ Convert existing Excel sales tools into on-line interactive Develop sales tools with lower TCO applications with no programming ï‚„ SaaS delivery ï‚„ Self-authoring for shared workload ï‚„ Enable all direct and channel sales teams with a scalable Standardize and centralize value sales /marketing tool suite. selling / marketing efforts ï‚„ Collect customer data, track and drive usage © 2011 Alinean, Inc. 31
  • 32. Next Steps Alinean powered tools can significantly upgrade the quality of sales interactions throughout the buying process, allowing prospects to drive at the beginning through simpler, self-service tools and sales to provide greater depth as the buying process proceeds – SiriusDecisions 2010 1. Your Sales & Marketing Ready to Do Business with Frugal Buyers? Take this Diagnostic Assessment to Find Out. 2. Research White Paper: Sales Enablement and the Economic Buyer 3. Over 200% ROI from a Value Selling Program Sound Impossible? Find Out for Yourself 4. Why Alinean? Alinean Vendor Profile (SiriusDecisions) http://www.fightfrugalnomics.com © 2011 Alinean, Inc. 32
  • 33. Thank You! http://www.fightfrugalnomics.com © 2011 Alinean, Inc. 33