In days gone by, whenever anyone mentioned “knowledge,” there would be an immediate assumption that they were going to discuss â€œproduct knowledgeâ€ That is understandable; even today, 80 percent of all training budgets are spent (invested?) on teaching sales teams all there is to know about the â€œproduct range.â€
The reality is that product knowledge is no longer a differentiator. It is a very basic requirement of all successful frontline sales professionals. In other words, it’s part of the entrance exam — not a higher qualification.
Today, knowledge really is power, and that means â€¦..
â€¢ Industry knowledge
â€¢ Sector knowledge
â€¢ Competitive knowledge
â€¢ Company knowledge
â€¢ Business knowledge (acumen)
As the discussions and debates continue regarding the future of professional selling, one fact is very clear. The relevance of a salesperson in the â€œbuying processâ€ – yes, we have moved away from the â€œsales processâ€ – is becoming increasingly diminished. This is quite simply because buyers, who are more self-educated than ever, are entering the cycle so much later.
Do you speak the customer’s language? The realization that buyers are already â€œsuper-busy and frazzledâ€ — as illustrated by Jill Konrath in her last book SNAP Selling – is obvious. But it is not the main reason why buyers will not entertain us as readily as they once did.
The fact is they simply donâ€™t need to deal with us. That’s why Konrath argues that our interactions with buyers need to be wholly relevant.
â€œWholly relevantâ€ means using our knowledge – our complete knowledge – to justify our right to be part of a customerâ€™s purchasing process.
As we move up the food chain, our ability to use different â€œlanguagesâ€ becomes increasingly important. We have to become “commercially multi-lingualâ€ because C-level executives, for example, rarely use the same language as members of an information technology team. And both groups naturally have different sets of buying criteria.
In the very near future, having the right attitude, a broad range of sales skills, and familiarity with internal consultative sales processes will not guarantee our survival. The key will be the extent of our â€œcommercial bandwidthâ€ – and that means our knowledge.
This coming Tuesday LinkedIn, Hootsuite, OneSource, Craig Elias and Jamie Shanks are putting on a webinar called “How to use LinkedIn, Social Media, and the News to CRUSH YOUR QUOTA!”
- Does your sales team hate cold calling?
- Do they have stuck deals?
- Do they wish decision makers would return their calls?
If you answered yes to any or all of the above then this webinar is for you and your team.
JoinÂ them as LinkedIn (Ralf Von Sosen), HootSuite (Julio Viskovich), One Source (Colleen Honan), Trigger Event Selling (Craig Elias) and Sales For Life (Jamie Shanks) join forces to demonstrate how your sales team can leverage LinkedIn, Social Media, and the news to crush their quota.
Register even if you can’t make the live event so you receive the recording and the handout from what will surely be one of the most attended and most talked about sales and marketing webinars of the year.