Why Your Competitors Prioritize Sales Enablement (And You Should, Too!)
Just like you, our company sells stuff.
About 6 months ago, we completed our core product offering.
So now the focus is 100% on closing more deals.
As part of digging-in to find out how to improve our sales strategy, I came across the concept of "Sales Enablement".
I wondered what it meant.
More importantly, why should I care?
So, I dug up a definition...
A pretty comprehensive summary of the entire process. The thing I like about the infographic is that it really helps you understand quickly why you need to be building automated system for your sales team.
Let's be honest, that 25% win rate is where we'd all like to be.
Last point (buckle up, here comes the sales pitch!) is that although I think this is a pretty comprehensive overview of the Sales Enablement process, I think they've completely excluded social selling from the picture.
Some of the tools that we've found to be indespensible in this proccess are:
What? What the hell does that even mean? Is this just some fancy marketing double-speak designed to help the VP of Sales create more charts and graphs for our meetings? I keep digging just in case I was wrong. I focused on an article on Forbes magazine which talked about a Brainshark research paper entitled "The Power of Enablement: Bridging the Sales Productivity Gap". One of the observations in that article that immediately hit home for me was:"Sales enablement is a strategic, ongoing process that equips all client-facing employees with the ability to consistently and systematically have a valuable conversation with the right set of customer stakeholders at each stage of the customer's problem-solving life cycle to optimize the return of investment of the selling system.”. ~Forrester
I literally had to dissect that sentence.. but what I ultimately got from it was: I have some amazing sales reps, and I have some so-so sales reps that probably need my helpThat was my "Ah-ha" moment. I could turn my mediocre sales reps into superstars?!? That made me sit up and pay attention."For the C-suite, driving sales productivity and closing the divide between top- and lower-performing salespeople are foremost concerns".
What Sales Enablement Actually Is
Turns out that Sales Enablement is a system that can help you take your average sales reps and transform them into your absolute top reps. Sounds like a concept that warrants a deeper investigation. The problem is, it's still a brand new concept so there's still some disagreement about what it means for each company exactly. For me personally, after a ton of research, I thought that Hubspot summarized the Sales Enablement process the best. They broke down Sales Enablement into 9 distinct activities:- Coaching Members
- Onboarding Sales Staff
- Content Creation
- Finding Cross-Selling Opportunities
- Creating Materials and Assets
- Sales training
- Performing Analysis
- Strategy Development
- Systems and Support
- Socedo
- LeadSift
- And of course... shameless self promotion time... Social Horse Power
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