3. Mobivity helps restaurant and retail brands realize their strategy of growing their business
by increasing customer frequency, engagement, and spend. Our clients take validated
marketing actions through ALL appropriate channels - traditional, digital, and mobile -
based on relevant, localized, targeted, and personalized messages and incentives.
Trusted by over 40,000 locations nationwide. 40 Million targeted impressions processed per month.
About Mobivity (Ticker: MFON)
4.
5.
6. FOUR MAJOR SHIFTS IN B2B SELLING
1 - Self Empowered Buyer
2 - Role of Content
3 - Number of People Involved in the Buying Process
4 - Selling Change
7. 65-85% OF EVALUATIONS ARE COMPLETED BEFORE A REP ENGAGES*
*Corporate Executive Board, Aberdeen & Sirius Decisions
SALES REP
INFO SCARCITY INFO ABUNDANCE
THE SELF EMPOWERED BUYER
11. DEMAND TYPE ALIGNMENT
Content should align with demand type…
New Concept
Disruptive solution not
widely considered
because buyer unaware
of problem.
No budget.
Requires issue creation.
Buyer typically goes
through entire buying
cycle.
Messaging focus on
bringing attention to the
problem and positioning
market leadership.
New Paradigm
Retools existing process
and solves a current
problem more effectively.
Replaces a current
budget line item.
Buyer typically enters
cycle in Phase 2 -
Solution.
Messaging focus on
creating consideration
and process/solution
change.
Established Market
Necessary solution in a
highly competitive market,
so goal is displacing
market share.
Budget exists.
Buyer typically enters
cycle in Phase 3 – Vendor
Selection.
Messaging focus on
competitive positioning
and creating preference
for new provider.
Source: SiriusDecisions
12. Create
awareness
around a new
problem
Align
problem with
business
issues; drive
urgency
Help
buyer
identify
needs in
solving
the
problem
Align
solution
with
specific
sets of
business
needs
Demonstrate
core features
and
functionality
Validate/
reinforce choice
INTEGRATED MESSAGING STRATEGY OUTPUT
The goal is to align demand type with buying cycle phase, messaging
framework, and an optimized touch strategy.
Loosening
of the
status quo
Committing
to change
Exploring
possible
solutions
Committing
to a solution
Justifying
the decision
Making the
selection
Education Solution Vendor Selection
BUYING CYCLE
TOUCHES
NEW CONCEPT
NEW PARADIGM
ESTABLISHED MARKET
Education Education Solution
T1 T2 T3
Solution Solution Selection
T1 T2 T3
Selection Selection Selection
T1 T2 T3
MESSAGING
Reputation Demand Creation Sales Enablement
White Paper Webinar Case Study White Paper Event Webinar Analyst Report Case Study Peer Interaction
Source: SiriusDecisions
28. Information empowered, self-educating buyers
think they know (or should know)
• Problems
• Options
• How to decide and buy
Operate in stealth mode – hard to find, get
found, get engaged, selling time, effort, skill
levels
Fatigue:
• Change; Information; Technology
• Products/features; Vendors; Sales people
• Business problems; To Do lists
• Organizational impediments
Prefer Status Quo; “good enough;”
Buyers don't care about your products,
features or even "value proposition"
Buyers can't understand or differentiate, so …
Commoditize vendors, products, features,
value
They don't want to buy your products – only
what products will do for them
Companies don’t buy, people don’t buy,
_____________ buy
N EW R EA LITIES OF B 2 B B U YIN G A N D SELLIN G
IN SUMMARY
29. • The Challenger Customer
• Unpacking Challenger Customer Insights - Blog post
http://www.avitage.com/unpacking-challenger-customer-insights/
RESOURCES
Xerox & AT&T Wireless
4 Startups
3 SMB’s
Reside in Scottsdale, AZ
Get audience make-up. Ask who’s in sales, marketing, ops and other
New start-ups vs. established companies. How long has your company been in business?
With that info I can tailor our discussion today. We’re ready to get started.
Question!
What’s the #1 thing you need to figure out as a start-up?
Product/Market/Fit aka Sales! Figure out how to SELL your product or service
Buying has changed forever. We used to live in the age of information scarcity, where the primary sources for information about a product or service was the sales rep, publications and big ad campaigns. Now, with the Internet and thousands of 3rd party information sources, buyer’s are getting their information elsewhere, and often aren’t ready to engage with a rep until they are 60 to 85% of the way through the buying process. Reaching these buyers in new ways is the challenge for today’s marketers, and Marketo helps marketers meet that challenge.
Change in buying behaviors has major implications when it comes to marketing. In the old buy model sales owned the majority of the influence over someone's buying decision.
My Xerox example. When I started my career in sales I was the primary source of information. Very few resources, Business Week, Gartner was even around back then in the prehistoric days of selling and a few copier review publications.
Let me give you another example. My home buying experience. First house to today.
Now fast forward to today according to SiriusDecsions 70% of the buying process is completed before the customer engages with a sales rep just like my recent house buying experience.
This has given marketing much more power and responsibility.
Type of demand your company is trying to create. Mistake marketers commonly make is a “one size fits all approach”.
All products and services aren’t created equal. A one size fits all approach results in:
1-Watered down message
2-Poorly defined targeting
3-Lack of lead definition
4-Lack luster results
3-Catories of Demand Type
1-New Concept
2-New Paradigm
3-Established Market
3-Step Buying Process
1-Education
2-Solution
3-Vendor Selection
This is for all my friends in marketing who strive to create “Thought Leadership” content. Not good enough!
Build content based on customer insights.
5.4 individual stakeholder involved in a typical purchase
Stop and think what that number represents. Massive amount of difficulty for us.
We first have to identify who they are. Track them all down, got to win each of them all over. Got to build consensus inside the customers organization just to get the deal done. I’m tired just saying it! It’s hard work! But what the research found is it’s not just 5.4 different people but 5.4 different perspectives.
More views! Every deal I’m involved with this holds true. CMO/Head of Digital/CFO/CEO/VP Ops This wasn’t the case just a short few years ago. The days of even a CEO making a decision without any input or consensus from his team are gone!
So how do we sell in a world of 5.4 with diverse customer stakeholders? Boils down to 2 key tactics:
1-Winning access to the 5.4 Individuals. How do I figuratively or literally get in front of them?
2-and when we finally get in front of them how do we close them Individually?
So we as sales people have to track them all down and win them all over. Think about like this.
Like the plates spinning at the circus. Get the first plate spinning, then the second plate spinning and by the time you get to the 3 you have to go back to the first as it starts to wobble to keep one going. This is the sales world we live in today. Not only do we have to figure out the 5.4 but sometimes our customers have to do so too because they don’t know either.
Key to winning is to build a collection of Yes’s as we go across the page. Reps job is to build consensus
The real enemy in the buying process turns out to be customer dysfunction.
CEB has done a lot of research.
Step 1 is customers have to think about themselves differently. The role of the sales exec is to facilitate the groups consensus.
3 distinct selling phases!
Why change?