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Integrating marketing and sales has become a key goal for many businesses, with good reason. When companies align sales and marketing, they typically experience rapid improvement in sales productivity. The quantity and quality of leads improve, sales cycles grow shorter, and conversion rates increase. The companies grow faster and generate more profit. Since companies have so much to benefit by integrating sales and marketing, why is it so hard to get the two working together? That’s one of the issues that the American Marketing Association joined with our colleague, Mike Bosworth of CustomerCentric Systems, LLC, in studying a few years ago. Many vice presidents of sales interviewed in the study said that marketing was “irrelevant” to their selling efforts. Why? Because, according to those executives and their salespeople, up to 90 percent of sales collateral created by the marketing department was NEVER used by sales.
Clearly, one way to move sales and marketing closer together is to help marketing generate messages and material that the sales team can use to align their offerings with specific prospect goals and close more sales. But where does marketing messaging most often miss the mark? In the time-honored model, marketing describes products and services in terms of features and benefits. Features are facts – price, color, size and options. Benefits involve statements of what the product can do for the customer. Conventional wisdom holds that people make buying decisions based on benefits. To show benefits, product marketing organizations often describe their offering in terms of what ‘It’ can do. For example:
In our experience, today’s prospects want to know more than what ‘It’ will do. Their real questions are, “How will ‘It’ do that for my organization?” and “How will ‘It’ help my company to:
With a little advance work and planning to address these questions, marketing can create “sales-ready messaging” to help the sales team shorten sales cycles and close more deals. Here are some fundamental steps in planning sales-ready messaging.
When marketing creates more effective customer messaging through this process, the salespeople have the tools they need to influence and steer sales calls to their advantage. Our experience shows that companies whose marketing organizations arm their sales people with “sales ready messaging” shorten sales cycles, accelerate revenues and improve the profitability of each deal closed. Published
by Bizlogx,
LLC. |
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