Sales
and Marketing's Number One Mistake
By
Olin Thompson, Process ERP Partners
Where can we find sales and marketing's number one mistake?
Looking at web sites, we see it. Looking at brochures, we
see it. PowerPoint, we see it. On sales calls - that is when
we see it most. It is amazing that almost every sales and
marketing organization makes the very same mistake.
What is this number one mistake? It is failing to follow
a rule we all learned in sales and marketing 101.
Think like the prospect.
Some examples may illuminate the problem.
- One software vendor stated they sold to C-Level decision
makers. The vendor's web site featured technology. How many
C-Level execs think about technology? How many of these
C-Level execs know about operating systems and databases,
let alone care?
- A vendor bragged about their focus on a specific vertical
market. The vendor's home page did not mention that segment,
not even a meaningful picture. Prospects think that focus
on their kind of business is important. If you were an executive
in that vertical and looking for a solution, would you bother
to look beyond the vendor's home page to see if they served
your segment?
- A vendor stated they had great references, their sales
brochure did not mention that other companies used their
product, let alone mention their names. Prospects think
that references mean a vendor is more experienced and less
risky. From the vendor's brochure, would most prospects
assume that the vendor had no references?
- A vendor invented a new way to define a business need.
They spend a lot of time defining their new idea but no
place did they relate it to the vocabulary, used every day,
of the buyer. Prospects can only think in the vocabulary
that they bring to the situation. Will prospects figure
out that this new term defines what they consider their
old problem?
- A software company's introductory PowerPoint focused on
the great features available in the most recent release.
The sales and marketing team were excited about the new
stuff but bored with the old stuff. Prospects do not think
in terms of "old" and "new", it is all new to them. With
the vendor focusing on the new stuff, will prospects know
what is in the total product or assume that the "old stuff"
is just missing?
If we do not understand, think like and talk like our prospects,
are we communicating to our prospects? Communications has
two sides, a sender and a receiver. If the receiver does not
receive what the sender intended to be understood, communications
has not taken place. It is the sender's responsibility to
deliver a message that communicates. If communication does
not take place, it is always the senders fault. As sales and
marketing professionals, we are the senders and it is our
responsibility to communicate.
For communication to take place, the prospect must understand
our words. Since the prospect only knows their words, sales
and marketing must understand the prospects vocabulary or
they can never construct messages that communicate. Doing
market research using a book or a web site can help with this
knowledge, but rarely teach us all we need to know. Fully
learning the market requires talking to the market. Existing
customers are the best place to learn the vocabulary of the
market. Sales and marketing must talk to customers; visit
their locations, to understand the vocabulary of these businesses.
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