A tale of two sales processes for virtually the same product
Zachary Quinto and Penn Badgley in "Margin Call." Not really sure how this is relevant, but a great movie.

A tale of two sales processes for virtually the same product

In Q4, we were evaluating software for a potential need 60-90 days out. The two solutions we were evaluating did the same thing for the same price (~$20K all in). Both had all the case studies and reviews you could ask for. Both G2 awards up the wazoo.

This tool would require company wide usage in varying degrees, mostly engineering though so it’d be me with the budget, but my co-founder/CTO for the green light.

All things considered, as a buyer, I thought it would be quite challenging to evaluate which way to go. Buying is hard! Perhaps based on their logo or colors? ??

What ensued was two wildly different sales processes that made the decision for me.

In a competitive market, the sales process differentiates more than the product. Let’s dive in.

Company A Sales Process :

  1. Signed up for demo on the site, took my info as the founder (Gave them all that BANT in my form!)
  2. I was routed to an SDR (the nerve! but ok i get it)
  3. I had the interrogation call for 15 minutes reiterating what I put in the form.
  4. I was then routed to an AE for a 30 minute call where they walked me through a deck and we did 5 mins on the product.
  5. I was then sent an email that took 3 scrolls to get through on a desktop, 9 scrolls on my phone. It contained 21 different links and 3 attachments containing every G2 award they must have won in history, every case study, every pricing package, etc.
  6. I was overwhelmed and didn’t respond that week - I was then put into what seemed like a “follow up cadence” that was templated. One of the emails, I shit you not, was a picture of a billboard they had put up in NYC where I live. You know, the important stuff.

Company B Sales Process

  1. Signed up for demo on the site, took my info as the founder (Gave them all that BANT in my form!)
  2. I was sent a short Loom from an AE who addressed some of what I put in the form and included their calendar link to setup time.
  3. I had a call with the AE where she did more discovery and a mini-demo.
  4. I was then sent a follow-up loom of the full product demo.
  5. I asked a couple questions - they addressed these in 1 link including answers, product demo, dev specific demo, proposal, and few other resources.

You can guess which product we went with, but given the focus on buyer enablement these days. I thought it’d be helpful to break down why this really matters for sellers.

1) You won’t be in the room when decisions are made

While I was running the process - I really needed the green light from CTO/dev. Our dev team is in a few time zones so they won’t be joining live calls nor do I think it’s a good use of their time. Whatever you send should be easily share-able internally.

Company A would require me to forward long emails internally that no one will read or make me package things up for the internal team, but I’m lazy so won’t do that.

Company B made it super simple to easily share 1 resource in a team slack channel that encompassed everything for each stakeholder.

2) Personalization is more important in follow-ups

Everyone is hyper-focused on writing the best cold emails using intent to find “in-market” buyers. There’s not enough written about the follow-up when you’ve actually spoken to someone that’s in-market versus using a data tool for a cold email.

Company A sent a generic template with web links/attachments and relied on email opens as their source of my engagement in the deal. They had no idea what I was looking at or downloading, nor who I was sharing with internally.

Company B likely had analytics on that 1 link to see what I was consuming, who else I shared it with, and made their follow ups timely and relevant based on that data.

3) Make it easier and faster to buy

I get that every company has their process with SDR to AE and so on, but you’re wasting people’s time if you don’t use the information you ask for in a lead form and making prospects regurgitate it on live calls.

Aside from the process, which sellers don't control a lot of the time. You need to simply make it easier to buy. Most buyers are already 80% of the way there before ever interacting with sales. On top of this, you’re lucky if the buyer spends more than 5% of the overall project live on the phone with you as a seller. Most time is spent doing their own research on the internet, talking to trusted peers/groups, and internally.

This will only accelerate as millennials become the main decision makers for stuff who have different habits when it comes to making decisions (less phone, more digital, async channels).

Josh Valdez

Co-Founder, Engines | YC W24

1 年

Not entirely the same but I emailed an SDR at Salesforce to ask for a discovery call and I got a template response. I then was put in an automatic follow up sequence somehow and I even replied to that saying I just wanted to ask this SDR about their job but the sequence continued ??

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??Arthur Castillo

Content & Community at Aligned | Helping b2b companies sell how buyers want to buy | Buyer Enablement Advocate

1 年

Brendan L. Weitz loved reading your experience in evaluating both processes, how the sales process differentiated, and ultimately how you came to your purchase. In parntership with Navattic we launched a report similar to your topic of how much friction exists in the b2b buying process: https://www.chilipiper.com/post/b2b-buying-journey-report Need to get more qualitative experiences like this to show how buyers actually feel and how they evaluate products.

Sarah MacKinnon

Director of Product Marketing at Pentaleap | Retail Media | Ad Tech

2 年

Can’t tell you how much I love this article about your personal buying experience. The tale of 2 sales processes you shared is so similar to what I often hear from tech buyers in the qual interviews I do. It often comes down to buying ease! Would be interesting to know how much company B has iterated on their sale process to fine tune it.

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Josh Dmuchowski

Business Development | Strategic Partnerships & Alliances | Web3 | Capital Markets | Fintech | AI | SaaS | Start Up Ecosystem

2 年

This is great, thanks ??

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