Customers want to be heard, and equally as important, understood.
— Shep Hyken (@Hyken) January 23, 2014
As a salesperson, you’re constantly told that you need to listen to what your customer needs instead of just talking at them and drowning them out. That’s definitely true—how are you supposed to be an effective salesperson if you can’t address their specific needs?
Instead of simply listening to the customer, you should really aim to understand them. When client-facing employees actually understand their customers, they have a better idea of how to help their customer achieve their goals and, therefore, a better chance of making the sale.
What I mean by “understanding” is this: you can hear what the client is saying, but do you really know why they’re saying it? You need to be familiar with what’s going on in their business; once you can put their pain points in context you can help your customer use your product in such a way that will give them the most benefit.
Video is a fun and engaging way to find sales opportunities, and it’s not just for B2C anymore. B2B companies can harness the power of movie as well. According to Janine Popick for Inc., 92 percent of B2B customers watch videos online, and 43 percent of B2B customers watch videos when researching products and services.
You don’t have to outsource a video production company to make a great video, although that’s certainly an option. You just need to create content that people want to watch. Put someone in front of a camera, and demonstrate what a font of knowledge they are. Sales reps are generally pretty dynamic individuals, so get one of them to be your spokesperson. Having a genuine employee in front of the camera will also make you appear more authentic.
Here are some tips for engaging your customers and generating leads with video:
Create awesome content
If you can’t come up with a reason to use video marketing, you probably shouldn’t do it. If you don’t have a wealth of information you’re dying to share, video is useless. However, if you have tons of ideas and need an engaging outlet to reach your audience, video is perfect.
If you need ideas, using customer intelligence analytics can help you determine what kind of information your customers really need. The best content will anticipate the problems customers have and provide them with solutions.
Make the video engaging
According to Jeff Molander in Target Marketing Magazine, many marketers fail using video because they overthink what they are saying and forget to consider how they will say it. It may be easier said than done, but in order to be successful on this channel, you need content that really says something interesting while keeping the viewer’s attention.
Try telling a story. The human brain is programmed to respond to narratives, and they tend to be more memorable than straight facts. In the Salesforce Blog, Jeff Ogden notes how popular television show The Walking Dead consistently gains more viewers than the NFL. This compelling narrative of a small group of survivors outrunning bloodthirsty zombies tells a story that is both gripping and visually engaging. Just remember, you don’t need gore to create videos that users want to watch.
Generate leads
Finish off videos with a clear call to action to find potential buyers. Once you’ve hooked users on your fantastic video channel, you can even require a user registration so that visitors have to give you an email address in order to continue. YouTube allows you to overlay ads if you are a Google Adwords advertiser, according to Popick.
Everyone loves a good game. Games engage us and put us in a flow state that leads to a feelings of well-being. That’s why the gamification trend is on the rise, and will continue to trend upward. Games are a great way to engage customers, too, even if you’re in the B2B world. They’re also a great way to train staff and provide business insight.
What is gamification?
According to Forrester research, gamification can be defined as “the insertion of game dynamics and mechanics into non-game activities to drive a desired behavior.” In layman’s terms, gamification is making the boring aspects of life more fun by adding points systems, badges and other hallmarks of game playing. It’s a way to make often less-than-interesting aspects of business life more engaging for clients and employees alike.
If you’re still unsure of exactly what gamification might look like, Foursquare is a good example for consumers. This social platform essentially transforms the act of visiting new places into a game by allotting points whenever a user checks into a named location. You can unlock badges by visiting a certain number of locations in a similar category. For example, you can unlock a badge after visiting 10 different Mexican restaurants, or 10 different movie theaters. Whenever a user checks in, he or she receives points that allow friendly competition between users. While this platform is designed for consumers, it is an excellent model for the way gamification can be applied to training.
Using gamification to improve sales productivity
When training salespeople, you often have goals in mind that you would like them to reach before sending them out into the trenches. Gamification is a great way to help novice sales reps achieve these benchmarks. It’s a good idea to create metrics and other measurable goals for new salespeople. Every business does things a little bit differently, so things like CRM protocols can also be included. Naturally, measurable goals make it easy to implement a game. According to Bob Marsh for Salesforce blog, creating a leaderboard is a great way to engage new salespeople. Add a point system for each goal, and display the results in a public setting.
Displaying these outcomes in the open can help sales reps learn from each other; it also creates a culture of open communication. There is no shame at being at the bottom of the leaderboard in the context of a friendly game, but it may help the new hire see that they need to work on some key skills. You can also include more seasoned associates in the game.
Customer engagement and lead generation
According to David Kirkpatrick on Marketing Sherpa, B2B companies can use gamification just as well as B2C. Implementing a captivating game online is a great way to get users to get engaged on your company’s website, and it can be as simple as offering rewards for persisting in certain behaviors. As an example, Kirkpatrick notes how software company SAP made its online community more active by integrating game dynamics. The community message board was already very active and users would frequently answer one another’s inquiries. The company assigned the title of “expert” to certain users with a track record of responding frequently.
Adding gamification strategies can be a good way to find sales opportunities. Kirkpatrick recommends giving users a set of goals to reach. Once users download a white paper or watch a promotional video, you can have them take a quiz. Allow them to unlock expertise badges about your products. Once they reach a certain level, offer them some kind of reward.
You can also gamify normal social media posts. In an example cited by Corey Eridon on Hubspot, a business posted a statement on Facebook, requesting that users respond whether it was true or false. Out of the correct answers, the company randomly selected someone to win a gift card. The initiative ropes in prospective clients and keeps current ones engaged.
Rewards
It’s a good idea to provide an incentive for people to play. While achieving the highest status, or the highest number of points can a good enough reward, shelling out for gifts can make the experience even better. Whether your reward is aimed at your own salespeople, or potential leads, chances are giving people a concrete reason to play your game will improve the outcome. For customers, offer early access to white papers and other content, or even a discounted rate.
D&B’s Business Information Products Now Powered by FirstRain’s Advanced Analytics; Customers in Any Market Can Immediately Maximize Sales Opportunities
SHORT HILLS, N.J. & SAN MATEO, Calif.–(BUSINESS WIRE)– D&B (NYSE:DNB), the world’s leading source of commercial information and insight on businesses, and FirstRain, a leading provider of customer insights for the enterprise, today announced a partnership to deliver a ground-breaking solution combining structured and unstructured business data and analytics. The solution will provide a 360-degree view of a company that unifies relevant social content with D&B’s leading commercial content in a simple and seamless manner that is easy to use and integrate into business applications, in near real time.
“As we continuously look for opportunities to strengthen our position as the market leader in B2B data intelligence, finding and identifying solutions that solve unmet customer needs is crucial to our success,” said Laura Kelly, Chief Product Officer, D&B. “The relationship with FirstRain will enable our customers to receive up-to-the-minute insights on prospects, customers, competitors and key markets, especially in today’s social age where companies have immediate needs for deep insight. FirstRain’s company and industry social analytics combined with D&B’s world-class structured data gives customers advanced warning of sales and growth opportunities in their markets, when and where they need it.”
Under a long-term strategic agreement, FirstRain provides D&B with customer and market intelligence, which D&B delivers through its world class solutions. The agreement with Silicon Valley-based FirstRain, an emerging leader in big data analytics, builds on D&B’s commitment to investing in and providing its customers with breakthrough and innovative services.
Going far beyond traditional news feeds, FirstRain big data analytics on unstructured information, including social media conversations on Twitter and blogs, deliver highly relevant, real-time insights on companies, markets and competitors to sales and marketing teams. FirstRain users have a superior understanding of their customer’s businesses, uncovering greater opportunities and risks, and ultimately driving smarter business decisions and accelerating growth.
“The integration of FirstRain’s analytics with D&B’s sales and marketing intelligence will enhance D&B’s profiles, setting them apart from commoditized products in the market,” said Harry Henry, VP & Practice Leader at Outsell, Inc. “This partnership allows D&B to offer relevant new content, from a wide range of sources including social media, to millions of users across different industries.”
D&B users now have access to FirstRain’s first-level analytics integrated directly within the D&B solutions including Hoovers, D&B360, D&B Direct and First Research®. The combination of D&B data and insight on more than 230 million businesses, 100 million business executives and three million corporate family trees linked via the D&B DUNS® Number with FirstRain’s real- time insights on customers and markets sets the standard for business data analytics.
“Our partnership with D&B is a tremendous milestone for FirstRain,” said Penny Herscher, CEO of FirstRain. “D&B is the global leader in business information and we are excited to bring the powerful insights that FirstRain extracts through real-time unstructured data analytics to their customer base through this partnership.”
About Dun & Bradstreet (D&B)
Dun & Bradstreet (NYSE:DNB) is the world’s leading source of commercial information and insight on businesses, enabling companies to Decide with Confidence® for 172 years. D&B’s global commercial database contains more than 230 million business records. The database is enhanced by D&B’s proprietary DUNSRight® Quality Process, which provides our customers with quality business information. This quality information is the foundation of our global solutions that customers rely on to make critical business decisions.
D&B provides two solution sets that meet a diverse set of customer needs globally. Customers use D&B Risk Management Solutions™ to mitigate credit and supplier risk, increase cash flow and drive increased profitability; and D&B Sales & Marketing Solutions™ to provide data management capabilities that provide effective and cost efficient marketing solutions and to convert prospects into clients by enabling business professionals to research companies, executives and industries.
For more information, please visit www.dnb.com.
About FirstRain
FirstRain is a pioneer and leader in customer insights solutions for the enterprise. FirstRain’s cross-platform solutions provide sales, marketing and finance professionals with analytics tuned to their specific company strategy, allowing them to deeply understand their customer’s business and their markets. FirstRain’s patented, advanced analytics technology finds business-focused Web and social media and then integrates it seamlessly into the world’s premier CRM and social enterprise platforms, including Salesforce, Salesforce Chatter, Cisco WebEx Social, Microsoft SharePoint and Dynamics, Jive and Yammer. This intelligence is similarly incorporated into leading research platforms such as Fidelity.com, Interactive Data and Mergent. Based in San Mateo, California, FirstRain also has offices in New York and Gurgaon, India.
D&B:
Media
Wayne Roberts, 404-995-4533
wayne.roberts@porternovelli.com
or
Investors/Analysts
Roger Sachs, CFA, 973-921-5914
sachsr@dnb.com
or
For FirstRain:
Merrill Freund, 415-512-0770
firstrain@schwartzmsl.com
Source: D&B
Too often, salespeople get a bad rap. When the average person thinks of a sales rep, they imagine pushy, inconsiderate and generally insincere individuals who will do or say anything to close a deal. Popular culture only perpetuates these negative images. In movies like Wall Street and Glengarry Glen Ross, salesmen are depicted as ruthless, sociopathic and criminal.
However, it doesn’t have to be this way. Truly successful salespeople know that honesty and empathy are key to making great sales.
Understanding your customers
To be a great salesperson, you have to know where your customers are coming from. Use CRM intelligence to get a better handle on your potential buyer’s world; however, don’t use customer analytics to hurl data points at your prospects. Yes, it may communicate to them that you’ve done your homework, but it probably won’t help you make a sale. Use this information to truly understand what it is your customer needs. Then you can think about your role in helping them achieve it.
Empathize
Understanding your customer’s background is a little different than actually being in the room with him or her. Being keyed into your client’s emotional state can help you better guide the conversation. Emotional intelligence can be hard to learn, but there are some ways to practice. According to Natalie Grace for the Houston Chronicle, practicing self-awareness can help you to better understand the thoughts and feelings of others. When you can identify your own emotional triggers, you will become better at noticing them in others.
Be a good listener
Part of being an understanding salesperson is knowing when to stop talking. As S. Anthony Iannarino puts it on the Sales Blog, a huge part of emotional intelligence is the ability to listen. Salespeople often put a lot of effort into changing people’s minds. However, without really understanding why someone believes what they do, these efforts are going to be in vain.
Ask good questions
If a prospect has already decided they don’t want what you’re selling, they may not say what they’re thinking. A good salesperson knows how to ask the questions that will make prospects open up.
Know when to stop
Not every pitch will end in a sale. Some clients truly don’t need or want what you’re offering, at least right now. An empathetic salesperson will know the difference between hesitation and determination. For prospects that truly have no intention of buying, persistence can be a waste of time. Being too pushy will certainly not make you look good. End on a pleasant note–it’s possible you may hear from them again in the future.
Too often, salespeople get a bad rap. When the average person thinks of a sales rep, they imagine pushy, inconsiderate and generally insincere individuals who will do or say anything to close a deal. Popular culture only perpetuates these negative images. In movies like Wall Street and Glengarry Glen Ross, salesmen are depicted as ruthless, sociopathic and criminal.
However, it doesn’t have to be this way. Truly successful salespeople know that honesty and empathy are key to making great sales.
Understanding your customers
To be a great salesperson, you have to know where your customers are coming from. Use CRM intelligence to get a better handle on your potential buyer’s world; however, don’t use customer analytics to hurl data points at your prospects. Yes, it may communicate to them that you’ve done your homework, but it probably won’t help you make a sale. Use this information to truly understand what it is your customer needs. Then you can think about your role in helping them achieve it.
Empathize
Understanding your customer’s background is a little different than actually being in the room with him or her. Being keyed into your client’s emotional state can help you better guide the conversation. Emotional intelligence can be hard to learn, but there are some ways to practice. According to Natalie Grace for the Houston Chronicle, practicing self-awareness can help you to better understand the thoughts and feelings of others. When you can identify your own emotional triggers, you will become better at noticing them in others.
Be a good listener
Part of being an understanding salesperson is knowing when to stop talking. As S. Anthony Iannarino puts it on the Sales Blog, a huge part of emotional intelligence is the ability to listen. Salespeople often put a lot of effort into changing people’s minds. However, without really understanding why someone believes what they do, these efforts are going to be in vain.
Ask good questions
If a prospect has already decided they don’t want what you’re selling, they may not say what they’re thinking. A good salesperson knows how to ask the questions that will make prospects open up.
Know when to stop
Not every pitch will end in a sale. Some clients truly don’t need or want what you’re offering, at least right now. An empathetic salesperson will know the difference between hesitation and determination. For prospects that truly have no intention of buying, persistence can be a waste of time. Being too pushy will certainly not make you look good. End on a pleasant note–it’s possible you may hear from them again in the future.
Penny shared her insights into the changing relationships between CMOs and CIOs on The Economist‘s marketing blog, Lean Back. The post looks at how CMOs need CIOs more than ever as the marketing budget grows.
She writes, “Regardless of how much injustice CIOs feel, the success of their companies is increasingly reliant on their teams learning to align with CMO teams whose priorities—and very nature—are incredibly different from their own.”
Read the full blog post, “Why CMOs won’t lock CIOs out of the C-Suite,” here.
We are pleased to announce that Penny has been chosen to emcee the Anita Borg Institute’s Women of Vision awards banquet. The banquet honors women who make significant contributions to technology, and one company that has demonstrated measurable results in attracting, retaining and advancing women in technical roles at all levels. The banquet is attended by thousands of women technologists each year and will feature Hilary Mason, Data Scientist in Residence at Accel Partners and Scientist Emeritus at bitly.
Congrats to Penny!
You can see the full press release, published January 7, here.
FirstRain is proud to announce that we have been named a Bronze winner for the Best In Biz Awards Enterprise Product of the Year–Software! Of the 12 total gold/silver/bronze winners in this category, FirstRain was the only winner in the CRM/customer intelligence space.
“We’re honored that FirstRain has been recognized by top industry journalists and analysts as the Best in Biz,” said Penny Herscher, CEO of FirstRain. “This award further validates the importance of big data in today’s business and FirstRain’s strong position in that market. We are dedicated to providing the most comprehensive, relevant business insights to our customers, and this award is a wonderful acknowledgement of our hard work.”
We also appreciate the judges time and efforts in selecting FirstRain as one of the most innovative companies in the marketplace. “The winners were selected based on the companies with the boldest, most innovative ideas,” said Brian Bandell, senior reporter at South Florida Business Journal, “Many companies rely on copying the inventions of others or releasing minor tweaks of products that were revolutionary years ago, but these companies are truly breaking new ground.”
The award caps off an incredible year for us, full of new partnerships, new customers and unprecedented growth, and we’re honored to accept the award!
The full list of winners can be found here.