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Selling To Senior Executives



      Why We Need To Change
Changing Sales Environment

 The sales environment in which we
learned to operate no longer exists due
      to high-impact CHANGES.
The Perception:
What changes are affecting
your market place and the way
          you sell?
Dynamic Changes in the:


   Market

   Buyer

    Seller

 Economy
Mergers & Joint Ventures
     Singtel + Optus
       IBM + PWC
     Oracle + Siebel
      Oracle+ SUN
       HP + EDS
Mega Mergers
        Pharmaceuticals

  Hoechst + Rhone Poulenc + Rorer =
               AVENTIS

Bristol Myer + Squibb + Sandoz + Ciba =
                NOVARTIS

     July 2002 Pfizer + Pharmocia
           $60 Billion Merger
How Far Can Mega Mergers Go?




2006 - Six Mega Pharmaceutical Companies with 80% Market Share
Mega Mergers
TQM = Less Suppliers
                        10,000                                        10,000
                                                9,000




                                                                                 5,500
                                                                                         5,000


                                 3,000                  3,000
                                                                                                       2,000

                                                                                                 500
                                                                                                               180

                         Motorola                   DEC                     GM            Xerox        Barclays
                                                                                                        Bank
          Before TQM

          After TQM and Business
          Process Re-engineering


Concurrent Marketing by Frank V. Cespedes, Harvard Business School Press, 1995
New Type of Customer
‱ More knowledgeable


‱ More analytical


‱ More demanding


‱ Gives more strategic
  information
The Internet

Customers can now conduct their business:

      Any time

        Any place

        Any information

        In any language
The Middle Man



Sales people are middlemen.
Unless we offer significant value to the
customer beyond communicating
information, our entire profession is in
jeopardy. by Barbara Geraghty
 Visionary Selling
Collapse Of The Middle




     Leveraged               Geographic                     Strategic                   Leveraged         Geographic          Strategic
    Distribution         Sales Organization             Account Teams                   Distribution   Sales Organization   Account Teams


                         BEFORE                                                                              NOW

Adapted from Value Migration by Adrian Slywotzky, Harvard Business School Press, 1997
The Economy
The China Factor
The Unexpected
Government Regulations
The Perception:
The Reality:
‘WHAT CAN WE DO?’
Consultative Selling Is


‱   Based on empirical research

‱   About selling value at the executive level.

‱   A process which is a multi-step methodology that is
    teachable, repeatable, structured, consistent, sequential, an
    d manageable.


‱   Composed of five sub-processes.
Selling To Senior Executives
         1. Executive Access           2. Establishing
                                          Credibility




5. Value Management                               3. Defining Your
                                                  Business Value




                          4. Executive Level
                             Presentation

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Updating Our Selling Skills

  • 1. Selling To Senior Executives Why We Need To Change
  • 2. Changing Sales Environment The sales environment in which we learned to operate no longer exists due to high-impact CHANGES.
  • 4. What changes are affecting your market place and the way you sell?
  • 5. Dynamic Changes in the: Market Buyer Seller Economy
  • 6. Mergers & Joint Ventures Singtel + Optus IBM + PWC Oracle + Siebel Oracle+ SUN HP + EDS
  • 7. Mega Mergers Pharmaceuticals Hoechst + Rhone Poulenc + Rorer = AVENTIS Bristol Myer + Squibb + Sandoz + Ciba = NOVARTIS July 2002 Pfizer + Pharmocia $60 Billion Merger
  • 8. How Far Can Mega Mergers Go? 2006 - Six Mega Pharmaceutical Companies with 80% Market Share
  • 10. TQM = Less Suppliers 10,000 10,000 9,000 5,500 5,000 3,000 3,000 2,000 500 180 Motorola DEC GM Xerox Barclays Bank Before TQM After TQM and Business Process Re-engineering Concurrent Marketing by Frank V. Cespedes, Harvard Business School Press, 1995
  • 11. New Type of Customer ‱ More knowledgeable ‱ More analytical ‱ More demanding ‱ Gives more strategic information
  • 12. The Internet Customers can now conduct their business:  Any time  Any place  Any information  In any language
  • 13. The Middle Man Sales people are middlemen. Unless we offer significant value to the customer beyond communicating information, our entire profession is in jeopardy. by Barbara Geraghty Visionary Selling
  • 14. Collapse Of The Middle Leveraged Geographic Strategic Leveraged Geographic Strategic Distribution Sales Organization Account Teams Distribution Sales Organization Account Teams BEFORE NOW Adapted from Value Migration by Adrian Slywotzky, Harvard Business School Press, 1997
  • 21.
  • 22. ‘WHAT CAN WE DO?’
  • 23. Consultative Selling Is
 ‱ Based on empirical research ‱ About selling value at the executive level. ‱ A process which is a multi-step methodology that is teachable, repeatable, structured, consistent, sequential, an d manageable. ‱ Composed of five sub-processes.
  • 24. Selling To Senior Executives 1. Executive Access 2. Establishing Credibility 5. Value Management 3. Defining Your Business Value 4. Executive Level Presentation