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:
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:
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:
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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:
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:
Making Change Stick
For sales transformations to truly deliver impact, the final piece is driving sustainable organizational change. Four practices can accelerate adoption:
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.
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.
Co-Founder at emlen I #DigitalSalesRoom #BuyerLedGrowth
7 个月#buyerledgrowth and customer/buyer experience is soooo important. ??