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Fanatical Prospecting for the Channel The Way to Build Pipelines in Today’s Hyper Competitive Marketplace

Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

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Page 1: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Fanatical Prospecting for the Channel

The Way to Build Pipelines in Today’s Hyper Competitive Marketplace

Page 2: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Keith Lubner Managing Partner – C3

Co-Founder - Channel EQ

[email protected]

[email protected]

www.channeleq.co

www.c3channel.com

www.keithlubner.com

• Fanatical Prospecting for Tech

• Sales EQ

• Adaptive Partnering

• Situational Coaching

• Empathy Training

• Partner Readiness (including Cloud Readiness)

• Territory Planning & QBR Effectiveness

• Leadership EQ

• Business Guidance Selling (Selling Outside of IT)

• Adaptive Mentoring

• Channel Building and Onboarding Acceleration

• Adaptive Customer Service

• Strategic Account Management

• Adaptive Messaging

• Delivering Legendary Customer Experiences

• Adaptive Discovery Questions 2016 ChannelPro Visionary

@ChannelEQU@klubner

Page 3: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

© 2016 Sales Gravy, Inc. All Rights Reserved.

Starts 10-5-17

20% Discount with Code: XCHANGE2017

Call April at 706-664-0810 x121 to register OR go to www.salesgravy.com/online-sales-training/courses/

Page 4: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

The 6 Realities of Your World

Page 5: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

BRIDGE vs. PITCHStop PITCH Slapping Your Prospects

People Buy

for Their

Reasons.

Not Yours.

Page 6: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

* NOTE: Data is from respondents who tracked these activities. Not all respondents tracked all activities. Do not add the column.(Source: Pace Productivity Inc.)

How Much Time Do We Really Spend Selling?Common work activities in a sales capacity Hours Per

Week

General administration / paperwork 5.1

Business travel 4.5

Lunch, breaks, personal business 4.4

Sales Meetings with Prospects 3.3

Sales Calls to Current Customers 2.7

Internal Phone Calls 2.6

Sales calls to prospects 2.2

Personal Training 2.2

Handling Mail 1.8

Internal meetings 1.8

Sales coaching 1.5

Time planning / strategizing 1.3

Business Lunch / Sales Socializing 1.3

Running or attending sales meetings 1.1

Running or attending staff meetings 1.1

Reading - professional 1.1

Filing 0.9

Training 0.8

Page 7: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

1405002 rev 6.27.14

7

6-10x More is Needed

The Pipeline has Changed

Page 8: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Buyer’s Journey has Changed

6 Stages

60%

Emotions vs

Logic

Page 9: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Copyright © 2015 Channel EQ Inc. All rights reserved. Page 9

Selling Outside of Your Comfort Zone

You

Sales

MKT

IT

C Suite

OPS

MFG

Page 10: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

10

• In 1968, 56% of people said that most people can be trusted.

• In 2015, only 30% said that most people can be trusted. (Associated Press and GfK)

• Only 20% of millennials believe that most people can be trusted. (Pew Research)

A Massive Erosion of Trust

Page 11: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Power of Adaptability

Page 12: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

$125/hr

$120/hr

$208/hr

Page 13: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Power of Relationships in Prospecting

Page 14: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Do I like you?Do you listen to

me?Do you make me feel important?

Do you get me and my problems?

Do I trust and believe you?.

Why is EQ so important ?

Prospect’s Perspective

Your Perspective

Page 15: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Copyright © 2015 Channel EQ Inc. All rights reserved. Page 15

Relationships Help you Connect to LOB

Personnel & Their Issues

You

Sales

MKT

IT

C Suite

OPS

MFG

Tech Mkt Changes

Security

Concerns

Innovation

Speed

New

Business

Models

Digital Company

Pace of Change

Short term thinking

Shareholders

Page 16: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

The Brutal Reality

Page 17: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

The number one reason for failure in sales is an empty Pipeline.

The Brutal FactBrutal Fact

Page 18: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business
Page 19: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business
Page 20: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

How Do You Turn this Around ?

Page 21: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Adopt a CEO MindsetGetting the most out of your day by planning the most efficient use of scarce resources.

» Own your pipeline

» Own your time

» Own your territory

» Own the grind – success is paid for in advance

EVERY Person MUST Adopt a CEO Mindset

Page 22: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Balanced Prospecting

Telephone

Email

Inbound Leads

Social Media

Text

Networking

Referrals

A Balanced Business Development Methodology

Page 23: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

What do Super Prospectors Know?

Page 24: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

5 Step Phone Prospecting ProcessThe Two Most Important Emotions in Sales

ConfidenceEnthusiasm

Page 25: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Adopt a CEO MindsetGetting the most out of your day by planning the most efficient use of scarce resources.A Paradox of Basics

The more you

prospect, the

luckier you get.

Page 26: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Predict the Future

Turning Around Reflex Responses, Brush-offs, ObjectionsThe 30 Day Rule

Page 27: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

1:10 Closing Ratio

Face to Face with the Law of ReplacementRiding the Desperation Roller Coaster

30

20

10

0

30

20

10

0

Page 28: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Turning Around Reflex Responses, Brush-offs, Objections

The More You Need the Deal, the Less Likely You Will Close It

The Universal Law of Need

Page 29: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

4 Tactics & Frameworks

Page 30: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Time Blocking and Hortsman’s

Corollary

Game Changer

Page 31: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Efficient +

Effective =

Productive

Simple. Powerful.

Page 32: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

It’s difficult to differentiate when everything looks the same . . .

In the Age of Transparency

Page 33: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

The Secret to Crafting Powerful Messages

Prospects only give their up

time when you offer:

» Emotional Value

» Insight or Engage Curiosity

» Tangible Value

Prospects want to feel that you get them and

their problems (emotional and logical), or are

at least trying to get them, before they’ll

agree to give up their time to meet with you.

The most effective way to craft the right

message is to simply stand in your prospect’s

shoes. Consider what might be important to

them. Consider how you might feel in their

situation.

Page 34: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

1405002 rev 6.27.14

34

Accounting Construction Education Public Sector Healthcare

• Security

• Agility

• Competitive

advantage

• Future proof

• Collaborative

power

• Flexibility

• Scale with the

business

• Cost efficient

• Cost effective

• Accessibility

• Mobility and

consistency

• Easily managed

• Private

• Secure

• Rich

collaboration

• Leverage

custom

• Access from

anywhere

• Service

efficiency

• Regulatory

compliant

• Improved

margins

Manufacturing Insurance Legal Real Estate Retail

• Cross-functional

visibility

• No-cost upgrades

• Higher user

adoption

• Consistent data

• Real-time

collaboration

• On-site closure

• Customer portal

• Differentiate/cus

tomize

• Ease of

collaboration

• Cost savings

• Mobility

• Security

• Latest inventory

• Unified

marketing

• Client portal

• Team

collaboration

• Real-time insight

• Lower costs

• Scalability

• Operational

efficiencies

HINT: Capitalize on vertical strength

expertise

Page 35: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Ask for

What You

Want

Bridge to a

Because

Give the

reason for

your call

Identify

yourself

Get the

person’s

attention

5 Step Phone Prospecting Process

Simple – Direct - Confident

5 Step Telephone Prospecting Process

Page 36: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

The Magic Word

Page 37: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

»Reflex Responses

»Brush-offs

»Objections

Brainworks: Dealing with RBOs

Page 38: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

10 Words That Changed My Career

When it’s Time to

Go Home, Make

One More Call

Page 39: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

Keith Lubner Managing Partner – C3

Co-Founder - Channel EQ

[email protected]

[email protected]

www.channeleq.co

www.c3channel.com

www.keithlubner.com

• Fanatical Prospecting for the Channel

• Sales EQ

• Adaptive Partnering

• Situational Coaching

• Empathy Training

• Partner Readiness (including Cloud Readiness)

• Territory Planning & QBR Effectiveness

• Sales Leadership

• Business Guidance Selling (Selling Outside of IT)

• Adaptive Mentoring

• Channel Building and Onboarding Acceleration

• Adaptive Customer Service

• Strategic Account Management

• Adaptive Messaging

• Delivering Legendary Customer Experiences

• Adaptive Discovery Questions 2016 ChannelPro Visionary

@ChannelEQU@klubner

Page 40: Fanatical Prospecting for the Channel · • Empathy Training • Partner Readiness (including Cloud Readiness) • Territory Planning & QBR Effectiveness • Leadership EQ • Business

© 2016 Sales Gravy, Inc. All Rights Reserved.

Starts 10-5-17

20% Discount with Code: XCHANGE2017

Call April at 706-664-0810 x121 to register OR go to www.salesgravy.com/online-sales-training/courses/