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Re-­‐Think	
                                  Your	
  Sales	
  Focus.	
  

In	
  2012	
  Authored	
  by:	
  	
  
h?p://twi?er.com/kalleheinonen	
  
h?p://www.linkedin.com/in/kalleheinonen	
  
About	
  This	
  Document	
  

About	
  This	
  Document	
  
This	
  document	
  gives	
  a	
  framework	
  for	
  planning	
  how	
  
you	
  choose	
  your	
  Sales	
  Target	
  Accounts.	
  You	
  are	
  free	
  
to	
  re-­‐use	
  this	
  plan	
  as	
  is	
  or	
  modify	
  it	
  to	
  be?er	
  fit	
  your	
  
purpose.	
  
Who	
  Should	
  Read	
  This?	
  
This	
  document	
  is	
  planned	
  for	
  anyone	
  interested	
  in	
  making	
  sense	
  
of	
  Strategic	
  Sales,	
  Complex	
  Sales,	
  SoluKon	
  Selling	
  and	
  Value	
  
Selling.	
  
	
  
Main	
  Target:	
  Directors,	
  Sales	
  Team	
  Leaders,	
  Business	
  Owners,	
  
Sales	
  ExecuKves,	
  Others	
  Interested	
  

About	
  SocialADM	
  
SocialADM.com	
  is	
  a	
  Strategic	
  Sales	
  Tool	
  provided	
  as	
  
a	
  Service	
  (SaaS)	
  and	
  designed	
  by	
  Sales	
  ExecuKves	
  to	
  
help	
  other	
  Sales	
  ExecuKves	
  in	
  their	
  daily	
  Sales	
  
Processes	
  from	
  Lead-­‐to-­‐Order.	
  SocialADM	
  is	
  
especially	
  designed	
  for	
  Strategic,	
  Complex,	
  Value	
  
and	
  SoluKon	
  Selling	
  Process.	
  
Making	
  the	
  Decision	
  to	
  Target	
  



When	
  choosing	
  an	
  Enterprise	
  
sales	
  approach,	
  it	
  could	
  be	
  
smart	
  to	
  plan	
  your	
  sales	
  by	
  
Target	
  Account	
  Model.	
  
	
  
Why?	
  	
  
–	
  It	
  helps	
  you	
  focus.	
  
Target	
  Account–	
  in	
  a	
  nutshell	
  




What	
  makes	
  the	
  account	
  Target?	
  
• 	
  Account	
  Size?	
  (exisKng	
  revenue	
  or	
  potenKal?)	
  
• 	
  Account	
  Annual	
  Turnover,	
  Qn	
  of	
  People,	
  Industry?	
  
• 	
  Strategic	
  type,	
  other	
  partnership	
  reasons?	
  
• 	
  Future	
  Opportunity?	
  
• 	
  A	
  meeKng	
  you	
  had	
  or	
  a	
  person	
  you	
  met?	
  
Target	
  Account	
  –	
  Sample	
  definiKon	
  



Target	
  Account:	
  	
  
Defined	
  by	
  Revenue	
  &	
  10-­‐by-­‐10	
  Rule	
  
   Exis%ng	
  Account	
                                New	
  Account	
  
   ExisKng	
  Revenue	
  Beyond	
  100K	
              PotenKal	
  Revenue	
  Beyond	
  100K*	
  

   Future	
  Revenue	
  beyond	
  100K	
               Repeatable	
  Value	
  ProposiKon**	
  

   Maximum	
  10	
  per	
  Sales	
  Professional	
     Maximum	
  10	
  per	
  Sales	
  Professional	
  
Target	
  Account	
  –	
  Choosing	
  the	
  Strategy	
  




The	
  Go-­‐To	
  Target	
  Strategy:	
  Focus	
  
 Account	
  Type	
                      Exis%ng	
  Account	
             New	
  Account	
  
 Strategic,	
  Enterprise,	
  Key	
     Focus	
  Strategy	
              Focus	
  Strategy	
  

 Mid-­‐Market	
                         SoluKon	
  Strategy	
            SoluKon	
  Strategy	
  

 Low-­‐Market	
                         AcKvity	
  Strategy	
            AcKvity	
  Strategy	
  

   See:	
  FAST	
  –Strategy	
  Whitepaper	
  for	
  reference	
  on	
  Focus	
  Strategy.	
  
Target	
  Account	
  –	
  Focus	
  Strategy	
  


          Sample	
  of	
  Focus	
  Strategy	
  
Focus	
                Ac%vity	
                                 Solu%ons	
                    Pipeline	
                     Est.	
           Target	
  
                                                                                                                              ACV	
  
My	
  12	
             Cross-­‐sell	
  and	
  Up-­‐sell	
        Personalized	
  ADM	
  	
     Less	
  opportuniKes	
         $1,400,000	
  
Exis%ng	
              	
                                        	
                            High	
  value	
  	
  
                                                                                                                                               Strategic	
  
                                                                                                                                               Personalized	
  
Targets:	
             ADM	
  co-­‐op	
  to	
  gain	
            Customized	
  Stages	
        opportuniKes	
  
                                                                                                                                               messaging	
  
Apple,	
  Nokia,	
     access	
  to	
  Decision	
                	
                            Shorter	
  lead	
  thru’	
  
                                                                                                                                               Excellent	
  
Samsung,	
             Maker	
                                   IntegraKon	
  to	
  ERP	
  
                                                                                                                                               Quality	
  
Google,	
              	
                                        	
  
Microso`	
             Close	
  AM	
  RelaKonship	
              Custom	
  Training	
  
	
                     	
                                        	
  
Partners:	
            SoluKon/Strategic	
  sales	
              Custom	
  Consultancy	
  
KwanKc,	
              	
  
Wunderman,	
           Cubic	
  Sales	
  (6	
  ways	
  DD)	
  
Zaaz,	
  	
            	
  
Accenture,	
  	
       Targeted	
  Small	
  Events	
  
Tieto	
                	
  
	
                     Quarterly	
  Dinners	
  	
  
12	
  Largest	
        	
  
New	
  Targets:	
      ExecuKve	
  MeeKngs	
  
Rovio,	
  GM,	
  
Disney,	
  etc…	
  
	
  
                   See:	
  FAST	
  –Strategy	
  Whitepaper	
  for	
  reference	
  on	
  Focus	
  Strategy.	
  
Re-­‐Think	
                                  Your	
  B2B	
  Sales.	
  
       Our	
  Website:	
  h?p://www.socialadm.com	
  
       Our	
  Blog:	
  h?p://salesgonesocial.wordpress.com	
  	
  
       	
  
In	
  2012	
  Authored	
  by:	
  	
  
h?p://twi?er.com/kalleheinonen	
  
h?p://www.linkedin.com/in/kalleheinonen	
  

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Target Account Whitepaper

  • 1. Re-­‐Think   Your  Sales  Focus.   In  2012  Authored  by:     h?p://twi?er.com/kalleheinonen   h?p://www.linkedin.com/in/kalleheinonen  
  • 2. About  This  Document   About  This  Document   This  document  gives  a  framework  for  planning  how   you  choose  your  Sales  Target  Accounts.  You  are  free   to  re-­‐use  this  plan  as  is  or  modify  it  to  be?er  fit  your   purpose.   Who  Should  Read  This?   This  document  is  planned  for  anyone  interested  in  making  sense   of  Strategic  Sales,  Complex  Sales,  SoluKon  Selling  and  Value   Selling.     Main  Target:  Directors,  Sales  Team  Leaders,  Business  Owners,   Sales  ExecuKves,  Others  Interested   About  SocialADM   SocialADM.com  is  a  Strategic  Sales  Tool  provided  as   a  Service  (SaaS)  and  designed  by  Sales  ExecuKves  to   help  other  Sales  ExecuKves  in  their  daily  Sales   Processes  from  Lead-­‐to-­‐Order.  SocialADM  is   especially  designed  for  Strategic,  Complex,  Value   and  SoluKon  Selling  Process.  
  • 3. Making  the  Decision  to  Target   When  choosing  an  Enterprise   sales  approach,  it  could  be   smart  to  plan  your  sales  by   Target  Account  Model.     Why?     –  It  helps  you  focus.  
  • 4. Target  Account–  in  a  nutshell   What  makes  the  account  Target?   •   Account  Size?  (exisKng  revenue  or  potenKal?)   •   Account  Annual  Turnover,  Qn  of  People,  Industry?   •   Strategic  type,  other  partnership  reasons?   •   Future  Opportunity?   •   A  meeKng  you  had  or  a  person  you  met?  
  • 5. Target  Account  –  Sample  definiKon   Target  Account:     Defined  by  Revenue  &  10-­‐by-­‐10  Rule   Exis%ng  Account   New  Account   ExisKng  Revenue  Beyond  100K   PotenKal  Revenue  Beyond  100K*   Future  Revenue  beyond  100K   Repeatable  Value  ProposiKon**   Maximum  10  per  Sales  Professional   Maximum  10  per  Sales  Professional  
  • 6. Target  Account  –  Choosing  the  Strategy   The  Go-­‐To  Target  Strategy:  Focus   Account  Type   Exis%ng  Account   New  Account   Strategic,  Enterprise,  Key   Focus  Strategy   Focus  Strategy   Mid-­‐Market   SoluKon  Strategy   SoluKon  Strategy   Low-­‐Market   AcKvity  Strategy   AcKvity  Strategy   See:  FAST  –Strategy  Whitepaper  for  reference  on  Focus  Strategy.  
  • 7. Target  Account  –  Focus  Strategy   Sample  of  Focus  Strategy   Focus   Ac%vity   Solu%ons   Pipeline   Est.   Target   ACV   My  12   Cross-­‐sell  and  Up-­‐sell   Personalized  ADM     Less  opportuniKes   $1,400,000   Exis%ng       High  value     Strategic   Personalized   Targets:   ADM  co-­‐op  to  gain   Customized  Stages   opportuniKes   messaging   Apple,  Nokia,   access  to  Decision     Shorter  lead  thru’   Excellent   Samsung,   Maker   IntegraKon  to  ERP   Quality   Google,       Microso`   Close  AM  RelaKonship   Custom  Training         Partners:   SoluKon/Strategic  sales   Custom  Consultancy   KwanKc,     Wunderman,   Cubic  Sales  (6  ways  DD)   Zaaz,       Accenture,     Targeted  Small  Events   Tieto       Quarterly  Dinners     12  Largest     New  Targets:   ExecuKve  MeeKngs   Rovio,  GM,   Disney,  etc…     See:  FAST  –Strategy  Whitepaper  for  reference  on  Focus  Strategy.  
  • 8. Re-­‐Think   Your  B2B  Sales.   Our  Website:  h?p://www.socialadm.com   Our  Blog:  h?p://salesgonesocial.wordpress.com       In  2012  Authored  by:     h?p://twi?er.com/kalleheinonen   h?p://www.linkedin.com/in/kalleheinonen