A previous post, Target
Markets, finished, Mastery
is having your finite resources satisfy the entire market...
Let’s define that
market.
Seth
Godin has already debunked the myth of prospects. Nobody wants to
be a prospect. It’s a code between the salesperson and the sales
mangler to identify who they intend to commit sales upon. Seth thinks
a better term is “citizens.”
We have a good model for
how sales
professionals spend their time
to maximize
sales taking advantage of social
media advantages.
Today we’ll define not
from what our citizens think, but what sellers can observe. Otherwise
it’s fiction and suspection.
Think of electrons
orbiting around the nucleus of an atom. There are many orbits,
extending outward, and the electrons don’t spiral toward the
center, they jump to a different orbit in reaction to stimuli.
That’s a good model for
observing people in a buying process.
The farthest orbit would
be Awareness, when they notice you.
Next in would be
Potential, when they are aware that you might provide
something they need.
Then Benefit, when
they harness how you might help them.
After that, Observation,
because seeing is believing.
Inside that would be
Acquisition, the area where old time salesmen spend all their
time.
Getting closer is
Installation, where they get access to use it.
A further step is
Adaptation, where they change their work processes to gain
advantages from it.
Then comes Belief,
based on internal stories of value.
With luck we get
Expansion, where your offering spreads to more of the customer
organization.
Then the fantasy, where
your customer begins to Refer new citizens, who want to repeat
your customer’s experience.
Finally there are the
Zealots, who decide they would rather work with your product
than theirs, and come over to you.
I think we’ve all seen
isolated instances of each to these orbits. Applying the opening
definition - Mastery is having your finite resources satisfy the
entire market... how would you change your focus to accomplish
this?
My experience is as you
broaden your focus to strengthen the before the transaction, and
apply resources after the “love ’em and leave ’em stage, total
cost of sales is greatly reduced, on the order of 50% or more. The
pitfall is maintaining your expanded process over time and new
managers who see the value of the check writing part of the
relationship.
No comments:
Post a Comment