When and What is Your First
Touch With Buyers?
by John Holland, co-founder and
author, CustomerCentric Selling®
A few months ago, a CEO shared the opinion that his company
typically had a four-month sales cycle that took some prospects
years to get ready for. The trend is for buyers to contact
sellers later in the sales cycle and for them to be fairly
knowledgeable about the offerings they are interested in due
to multiple visits to different websites.
Have you considered how to "nurture" people who may not be
ready to buy in the short term?
Prior to the Internet and associated search engines, salespeople
and their companies were the keepers of information about
current and future offerings. It was fairly common for prospects
or customers to invite market leading vendors in on an annual
basis to learn about industry trends and the direction offerings
would take. This afforded an opportunity to get involved early
in what could become a buying cycle and influence the buyers'
requirements.
While it is flattering to be invited by companies to "tell
us about industry trends and what you are doing to respond
to them," many of these meetings or presentations were more
vendor-centric than customer-centric. Often salespeople brought
people up to speed on their offerings without learning much
about the customer requirements.
As the Internet became increasingly important, vendors began
using their Web sites to post what amounted to electronic
brochures. Few sites made any attempt to do interest processing
for visitors. Over the last several years, the Internet has
enabled buyers to be knowledgeable about offerings prior
to having to contact a salesperson. Today, when contacted,
a reasonable first step is for sellers to understand what
the buyer has seen and what their requirements are before
diving into a sales cycle. I call this first step interest
processing.
When did you last review your Web site and the customer experience
it provides? The probability of your salespeople being contacted
and the quality of the initial conversation may be highly
dependent upon your site's content and presentation. In his
book Escaping the Black Hole, Bob Schmonsees cites
instances where companies provide so much detail about their
offerings, including pricing, that they lose opportunities
without their salespeople having an opportunity to have a
conversation with the prospect.
CustomerCentric Selling® believes a lead is a Key Player
(committee member in a decision) who is interested in discussing
a business issue that your offering may help them achieve.
Many of our clients set the generation of a lead as on objective
for their Web site visitors. To do so, you may want to consider
the following:
- What titles do you want to try to attract to your Web
site?
- Can you learn a visitor's title/function early in their
visit?
- If identified, can you channel visitors toward gaining
interest in one or more of their business objectives?
- How much detail about your offerings and pricing do you
want to provide?
- Do you provide a path for an "ongoing electronic dialogue"
with visitors?
In the same way your customers and prospects have leveraged
the Internet to be more informed buyers, your company might
be able to gain a competitive advantage by improving the customer
experience when visiting your site.
|