The B2B
buying process has increased in it's complexity. All buyers now have
access to information that they did not have previously , thanks to
the internet. This has led to a change in the relationship between
Sales people and buyers as well. The interaction between buyers and
suppliers has reduced now to a mere 17% of the time involved in the
total buying process. Out of this buyers spend only 5% or 6% of the
time with individual sales reps. This means that it has become even
more crucial for sales people to say the right things to close deals.
The cliche of the pushy sales rep aside , there is a tendency for
buyers to find certain things that sales rep say annoying , as they
struggle with complex buying processes , information overload and
stress from other colleagues that are also involved in the buying
process. Below is a list of things that sales people say that annoy
buyers the most :
Badmouthing Competition, to make their own product look good
Most buyers today are tech-savvy and have made a purchase decision
even before meeting the sales rep. In short, they have done their
homework online, even before contacting suppliers. They are driven
more by content and are now at ease , using technology as an
interface to gather information and make decisions. This means that
they know what is out there, before they have even approached a
sales-rep for a conference call or a face to face meeting. Some sales
reps spend their energy in bad mouthing competition , or falsely exaggerating the good qualities of the product they are selling much
to their own detriment. The reason is that buyers today have done all
the analysis , as most buying processes within companies are data
driven. Most, if not all purchasers make strictly data-driven
decisions. It is a systematic and analytical process. With the
emergence of AI solutions, the trend will be more so in this
direction. So when an ill informed sales rep tries to diminish the
competition , purchasers get annoyed, as they already have the data
to disprove it.
Aggressive Up selling of Unnecessary Products
According
to McKinsey, buyers like to contact sales the most when they are
buying a product for the first time . During repurchases they do not
wish to engage with sales all that much. However, some sales people
use this as an opportunity to peddle and up sell unnecessary products
that the buyer does not need. This is mainly because some sales reps
do not understand the buyer's business and are just focused on
meeting their own sales targets. However , this annoys buyers a lot ,
as they do not need, yet another sales rep, pushing products on them,
that has no relevance for their business.
Can we have a conference
call for a product demo?
Let's
face it , time is a valuable resource in business. A sales rep might
love to get a customer on phone to build rapport and connection.
However , buyers prefer doing their research via digital channels
before talking to a sales rep. Technology has advanced enough today ,
that most product demos can be put on some sort of digital platform.
Research shows that companies that making buying easy , have higher
closing deals than those that do not. This is because buying has
becoming highly complex, with a dizzying array of options from all
across the world. So , allowing a buyer to easily check if your
product meets their need, before wasting their time on a one on one
meeting might be better than desperately trying to connect with them
on the phone.
Creating a False Sense
of Urgency to hasten the closing of a Sale
Buying
in today's business environment is a stressful process. There are
many barriers that need to be overcome. There are some sales reps
that offer discounts to customers that according them are limited to
two days or three days. This causes a lot of stress for the buyer ,
as the urgency pressure forces them to act fast , to take advantage
of the discount. Even if some buyers do get influenced by such
tactics , it is only for a limited time. Let's suppose that this so
called discount remains available to buyers even after the two day
deadline , this can cause a lot of frustration and distrust in the
buyer. Since trust is essential for repurchase decisions , this could
impact future sales negatively. Research shows that buyers are more
likely to buy from sales rep that make it easier for them to buy
products . Introducing stress and anxiety into the process is
detrimental to everyone involved. Especially , in the context of a
pressurized discounted scenario.
If you are a sales person and are guilty of saying the things mentioned above , it is time to stop. The world of B2B sales is changing, customers are more savvy , data-driven and stressed out with options. A sales person that offers the customers a solution to their purchasing problems has a better chance of closing the deal, than those that waste their time on sales gimmicks.
Sources
McKinsey. (n.d.).
What the future science of B2B sales growth looks like. Retrieved
December 10, 2019, from
https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/what-the-future-science-of-b2b-sales-growth-looks-like.
Norman, S., Norman,
S., & Steven, undefined. (2019, March 27). The five things you
must understand when selling B2B. Retrieved December 10, 2019, from
https://www.smartcompany.com.au/marketing/sales/selling-b2b/.
Gartner,Inc. (n.d.).
The New B2B Buying Process. Retrieved December 10, 2019, from
https://www.gartner.com/en/sales-service/insights/b2b-buying-journey.
Toman, N., Adamson,
B., & Gomez, C. (2017, March). The New Sales Imperative. Harvard
Business Review. doi:
https://hbr.org/2017/03/the-new-sales-imperative
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