The Big Reframe: Innovating B2B Sales for the Future

The Big Reframe: Innovating B2B Sales for the Future

The world of B2B sales has undergone a seismic shift in recent years, accelerated by the COVID-19 pandemic. As businesses rapidly moved online and customers became savvier, sales organizations have had to evolve at an unprecedented pace to keep up with changing buyer expectations and behaviors. The old ways of selling are no longer enough - a major reframe is required for B2B companies to drive sustainable growth in this new era.

Based on insights from over 50 heads of sales across industries and geographies, five key themes emerge that leading organizations are embracing to future-proof their sales strategies:

  1. Putting the Customer at the Heart
  2. Breaking Free from Channel Silos
  3. Building a Scalable Sales Engine
  4. Rethinking Talent Strategy
  5. Making Change Stick

Let's dive into each of these themes and explore how pioneering companies are bringing them to life.

Putting the Customer at the Heart

In today's landscape, customers expect personalized, omnichannel engagement that puts their needs front and center. They want informed conversations with vendors who deeply understand their industry, products, and market challenges. Over 70% of businesses say they will readily consider other vendors if these "must-haves" are not met during the buying journey.

Leading B2B companies are obsessing less about their internal sales funnel and more about guiding customers through a personalized buying journey. Three practices are key:

  1. Finding Customers Through Analytics: Using advanced analytics and unexpected data sources like hiring patterns, companies can accurately predict potential buyers and their pain points, engaging them proactively and early.
  2. Attracting with Personalized Content: Only 8% of B2B firms deliver highly personalized marketing today, but those that do are far more likely to grow market share. By developing tailored value propositions and content for specific personas and scenarios, sales can capture attention.
  3. Ensuring Seamless Experiences: With customers experiencing up to 10 touchpoints across their journey, seamless handoffs between marketing and sales are critical. Aligning incentives, integrating teams, and empowering marketing to nurture leads through to purchase create frictionless experiences.

Breaking Free from Channel Silos

B2B buyers are now using over nine channels - from email and phone to mobile apps and web chat. They don't think in terms of channels, but rather expect intuitive, seamless experiences tailored to their needs. Leading sales organizations are responding by:

  1. Adopting Hybrid as the Default: Over 65% of companies prefer remote/digital interactions post-pandemic. Top performers have hybrid seller roles adeptly moving between field and digital, optimizing engagement for each stage of the buyer's journey.
  2. Optimizing Channel Experiences: Instead of deploying channels in isolation, successful firms map out ideal experiences for each buying phase, baking in consistency across channels and reinforcing them through cross-functional strategies.
  3. Innovating with New Channels: From tapping into influencer marketing to fostering customer communities, creative companies are unearthing new revenue streams by reimagining how customers want to engage.

Building a Scalable Sales Engine

What distinguishes elite sales organizations is not just closing the perfect deal, but systematically replicating that success at scale. They achieve this through three core tactics:

  1. Cross-Functional "Win Rooms": Bringing together agile, cross-functional pods focused on specific deals or regions allows for continuous refinement of solutions based on evolving customer needs and market dynamics.
  2. Focused Tech Investments: Rather than overloading on new sales tools, leading firms start with the desired outcomes, invest in robust data foundations, emphasize rigorous adoption, and marry technology with change management.
  3. Empowered Commercial Operations: By elevating sales operations into a strategic function that partners across go-to-market activities, companies gain centralized insights, alignment, and the agility to capitalize on opportunities.

Rethinking Talent Strategy for the Future

With the "Great Attrition" disrupting talent pipelines and heightened customer expectations demanding new skills, rethinking people strategy is a must. Three approaches stand out:

  1. Cultivating Modern Sales Skills: As sellers become strategic advisors, new skills like data analytics, quantitative abilities, and solution design are critical. Companies are hiring from their customer base, exploring offshoring, and tapping remote work to access these competencies.
  2. Personalizing Training through Analytics: By combining performance data with behavioral analytics and proven learning science, customized "snackable" training can be continuously deployed at scale to upskill the existing salesforce.
  3. Innovative Incentive Structures: Moving beyond just financial incentives, leading firms are exploring long-term compensation models, promotion paths, and non-monetary motivators like purpose to better attract and retain top talent.

Making Change Stick

For sales transformations to truly deliver impact, the final piece is driving sustainable organizational change. Four practices can accelerate adoption:

  1. Crafting a Compelling Change Vision: Simple narratives that resonate across the company build transparency and buy-in for the "why" behind major shifts.
  2. Leading by Example: When senior leaders authentically embrace and model the new behaviors they want to see, change permeates through the organization far more effectively.
  3. Embracing Agile Execution: Moving away from rigid hierarchies, companies are empowering small, cross-functional teams guided by customer insights to move quickly and reshape processes.
  4. Balancing Autonomy with Accountability: While giving teams the autonomy to drive change, organizations still maintain transparency through rigorous measurement of key results.

The Path Forward

The trends reshaping B2B sales are no longer uncertainties, but inevitabilities. While the full scope of changes needed may seem daunting, these five themes are deeply interlinked - getting started in any one area lays the foundation for advancements across the board.

The most successful sales leaders are prioritizing the areas with maximum impact for their business, embracing change through pragmatic waves, and objectively assessing which capabilities require development within their teams. Those that act with urgency and take a holistic approach to reframing their sales strategies will be best positioned to thrive in this new era of heightened buyer expectations.

The future of B2B sales has arrived, and leading companies are already gaining meaningful advantages by getting ahead of the reframe. The imperative for others is clear: transform, or be left behind by customers and competitors alike.

Mehek Siddiqi

Strategic Relationship Manager at NextBee

7 个月

It's intriguing to witness the rapid evolution of B2B sales, especially amid the pandemic's challenges. Customer-centricity and personalized engagement are crucial in this shift. Long-term growth demands scalable strategies. Loyalty programs for customers and rewards for salespersons can further boost revenue. This article offers valuable insights for navigating this transformative journey effectively.

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Marc Grewenig

Co-Founder at emlen I #DigitalSalesRoom #BuyerLedGrowth

7 个月

#buyerledgrowth and customer/buyer experience is soooo important. ??

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