How Well Do You Know Your Customer's Customer?
How would you answer that question with regard to your biggest account?
I'd suspect you'd say you know a pretty good amount. Now, ask that same question about the prospect you're about to call on? Different answer? Why? Don't tell me it doesn't matter because they're only a prospect.
I'll argue it does matter because they are a prospect.
Put yourself in the shoes of the customer, why would you as a salesperson have to say make any difference? Most customers say all salespeople are alike, especially when they're prospecting. Now think about how much differently your prospect is going to think of you if you can share with them insights about their customers?
When we share with prospects insights about their customers, it demonstrates several things.
First, it shows we've taken the time to understand their business. Second, it allows the discussion to be on topics other salespeople would never be able to have. Third, it allows you to stand apart.
Sales leaders are always asking me what is the value of having salespeople focusing on select industries versus just getting whatever business they can. I see the biggest difference is it allows the salesperson to develop industry expertise, especially with regard to understanding the customer's customer.
The ability to share a critical insight at just the right time is many times what allows a business relationship to take hold.
When I'm working with sales organizations, a key aspect I focus on is questioning the sales team about what they know about their customer's customer. I follow that up with then asking how they use it in conversations with customers.
Regardless of what they know or don't know, I find it always opens up eyes to seeing what the potential is when it comes to knowing that level of information.
Your goal should be to be seen by not only your customers, but also by your prospects as someone who knows as much or even more about their customers as they know.
Copyright 2017, Mark Hunter "The Sales Hunter." Sales Motivation Blog. Mark Hunter is the author of High-Profit Prospecting: Powerful Strategies to Find the Best Leads and Drive Breakthrough Sales Results.
Mark Hunter, your next keynote speaker:
Mark Hunter, CSP, “The Sales Hunter” is recognized globally as one of the top sales speakers, known for his challenging insights, high-energy, and passion to create change that he delivers each time he speaks, whether it be a sales kick-off meeting, corporate function or association event. Mark Hunter is the author of the best selling book, High-Profit Prospecting. Here’s what others are saying:
Mark presented "Accelerate Your Sales Prospecting" at the February 2015 Institute for Excellence in Sales program in Northern Virginia. He nailed it and gave the 150 selling professionals and business owners in attendance amazing tips, strategies and tactics they could implement that day. The sales leaders at our program universally acknowledged Mark as one of the top speakers we've ever had.
- Fred Diamond, Executive Director, IES Washington DC
At our annual company sales meeting we' ve never seen a speaker work so hard, with advance preparation, with such genuine style of delivery, and with such hunger for results. If you weren't on the edge of your seat....you were in a coma. Period!
- Mark Allen, Regional Manager, Marlin Companies
Mark’s strategies are innovative, easy to follow and easy to use in the "real world." He customized his strategies to directly speak to the issues and challenges facing our unique business, and he helped us encompass specific selling examples. This training was very applicable to our sales staff, both at a senior and junior level, as it reinforced important sales techniques.”
- Danielle Pakradooni, Blue Man Group
Copyright 2017, Mark Hunter "The Sales Hunter." Sales Motivation Blog. Mark Hunter is the author of High-Profit Prospecting: Powerful Strategies to Find the Best Leads and Drive Breakthrough Sales Results.
Supporting Those ready to face the Business Challenge and Transform
7 年Isn't this about the Value? The Value that You add to Your customer is directly connected to (and derived from) the Value he is able to add to his customers. Knowing that and understanding why it is so You can (and You should) communicate with the customer of Yours. Sometime thus the Value of Your offering may be from showing the customer how he can build a value to the final user based on Your contribution (product or service).
Best selling author - Helping you to transform the way you sell to grow revenue at higher margins, and drive better customer outcomes.
7 年You make a great point Mark Hunter. As you say "The ability to share a critical insight at just the right time is many times what allows a business relationship to take hold". And one of the most important areas of interest to any business is maximising their customers experience. If we can get to know their customers and glean some insight it will be gold to engaging in constructive conversation that will build respect and trust.
Senior Management | Military Interface | Sales & Technical Training Specialist | Motivational Speaker & Author | Music Minister | Music Therapist | Geology Enthusiast
7 年Trying to grow your own business? Mark Hunter's words are golden: "Sales leaders are always asking me what is the value of having salespeople focusing on select industries versus just getting whatever business they can. I see the biggest difference is it allows the salesperson to develop industry expertise, especially with regard to understanding the customer's customer." Thank you, Mark.