David Svigel's guest appearances

David Svigel

The Sales Conversation Podcast

Andy Paul

Stu Heinecke

Chris Ortolano

Tom Williams

Danny Brown

Mike Adams

Ryan O’Donnell

Chris Orlob

Bruce Scheer

Darrell Amy

Gerhard Gschwandtner

Sam Richter

Jeremy Diamond

Bernie Borges

Ed Bilat

OwlTail

Darrin Fleming

LEAD

Episode Overview This episode, “How to lead in the buyer journey with Next Steps,” featured Darrin Fleming, David Svigel, Principals at ROI-Selling and me – Bruce Scheer. The three of us have been helping sellers for years in having more concerted next step conversations that are useful in leading and supporting the buyer through the buying process. Specifically, we have partnered together to help clients with creating assessments and value-selling tools that are useful in helping buyers see and communicate the case for change and create urgency around change initiative.   When Things Go Wrong (with no concerted Next Steps) There’s a typical scenario that we see all the time. A seller is talking to a buyer. They have a wonderful introductory meeting, and it seems like there's some excitement in the air, and then the seller says, “So, what do you think our next step should be?” And then the buyer typically says, “Well, send me some information. I'm going to host some internal meetings and kind of shop this idea around, and we'll get back to you.” And so, the seller agrees and spends a bunch of extra time gathering up and sending over information. And then, as one of our friends likes to say, the seller hears a thousand watts of silence! Nothing is happening on the buyer side. The seller chases a few times to ensure the information was received. No responses. Weeks go by. Finally, the seller gets lucky and catches the buyer by phone. And what do they hear? “Oh, sorry, man. Yeah, I have been really busy. We haven't looked at the stuff you sent and haven't had any meetings around it. Hmm. I'm kind of busy now. Can we talk another time?” And, then things just start to slide further South from there. This isn’t unusual, and we believe not having concerted next steps to lead the buyer is a strong contributor to the stat we’ve been hearing - 58% of deals ending in ‘no deal.’   When Things Go Right (with concerted Next Steps) I had worked on in a joint initiative between Hewlett Packard and Microsoft, where they had eight solutions that they had identified between them. They wanted a go-to-market program with a concerted selling approach. One of the solution areas was business intelligence, and if a customer engaged with them on it – it would result in a multi-million-dollar deal. We built introductory conversation materials for reps to use in securing a meeting. In the initial discussion, the seller would offer a concerted next step called the Executive Briefing. If the client was willing to sponsor the Executive Briefing, including making sure the right people attended, the Executive Briefing would be confirmed. HP and Microsoft would bring in their “Top Gun” experts to talk to those executives about what business intelligence would mean for their organization. At the conclusion of the Executive Briefing, additional next steps would be laid out for consideration and agreement. It normally included an assessment and business case-building process, and a strategic workshop to shape the initiative, roadmap and action plan for success. What we found was over a 50% deal connect rate when we when we went down this concerted next-steps path. All the folks involved in shaping this program won a marketing program of the year award.   Best Practices in Leading the Buying Journey with Next Steps It is important to put the seller in a position of leading the buyer towards next steps as opposed to the buyer leading the seller - which very often goes poorly because buyers are busy with their day jobs! The seller needs to be helping their buyers create the plan for the future, putting themselves in an advisory role to help define for the buyer what looks better in the future and how to get there. One of Bruce’s clients has a buyer journey map they show at every client touchpoint. They will highlight the journey and steps their customers typically take to embark on an initiative and leverage their software and services. They will get agreement around the series of steps, including an assessment and value analysis useful for helping their buyer create an internal case for change. After that’s established, they will move to a strategic planning workshop where they can further shape an initiative and make sure executives are fully aligned and bought in.   This is a very different orientation from the norm. Most organizations align their sellers around a sales process that’s self-serving. The better approach is more buyer-centric – thinking about what the buyer needs at each next stage of their buying journey, and how can you move the customer through that buying stage with concerted next steps.   Simple ‘Next Steps’ Planning Framework As you move through the buyer journey a few times, you start to be aware of natural junctures of what that buyer journey looks like, including some buyer-centric milestones along the way. There may be a stage where they want executives to be educated on the case and value of change. And maybe there's another step around strategy - what's the strategy to embark on this change initiative? Maybe there's another step about the initiative itself - who's going to be involved in this initiative? What's the roadmap look like in this initiative and, and what's timing around this initiative? Ask yourself these questions:  Outcomes - What are the outcomes that you're looking for at each one of these buying milestones? A few examples of outcomes would be key executives are educated on the opportunity and case for change, executives have agreed to a strategy and executives have agreed to provision resources for an initiative to be born. Activities - What are the activities that need to happen on the seller side and on the buyer side to make sure you're reaching the desired outcomes? Examples include assessments, value analyses, strategic workshops and initiative action planning meetings. Tools – What are the tools needed to support the key activities and desired outcomes at each stage, including Assessment Tools, ROI Calculators, Strategic Workshop Structure and Content, and marketing materials useful in selling each activity and tool as it’s introduced into the buying process.  In advance of a client meeting or call, it’s a best practice to do some mini-planning about what you want to discuss with the client and what are your desired outcomes and next steps you will introduce in the meeting.   Getting Your Next Steps in Place To get your next steps in place, you ask your peers and folks in marketing – what tools do they have that you can leverage? You might be pleasantly surprised that something either exists or perhaps marketing commissioned having something developed that didn’t see the light of day. Leverage what you can. Don't stop there though if concerted next step activities and tools don’t exist. You might have to cook something up yourself to fill the gap, and get support overtime in having more professional and branded support and tools.   Resources and Links for this Episode  Connect Darrin Fleming on LinkedIn Connect with David Svigel on LinkedIn View some ROI Selling Resources Surf the ROI-Selling Blog Join the Value Selling LinkedIn Group See some top-class ROI selling tools See a success story of a concerted next step for Brocade    For More Great Content I would appreciate it if you would subscribe, rate, and review this show at Apple Podcasts. Here’s a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.   Credits Sound editing and show notes produced by – ChirpSound

Episode Overview This episode, “How to lead in the buyer journey with Next Steps,” featured Darrin Fleming, David Svigel, Principals at ROI-Selling and me – Bruce Scheer. The three of us have been helping sellers for years in having more concerted next step conversations that are useful in leading and supporting the buyer through the buying process. Specifically, we have partnered together to help clients with creating assessments and value-selling tools that are useful in helping buyers see and communicate the case for change and create urgency around change initiative. When Things Go Wrong (with no concerted Next Steps) There’s a typical scenario that we see all the time. A seller is talking to a buyer. They have a wonderful introductory meeting, and it seems like there's some excitement in the air, and then the seller says, “So, what do you think our next step should be?” And then the buyer typically says, “Well, send me some information. I'm going to host some internal meetings and kind of shop this idea around, and we'll get back to you.” And so, the seller agrees and spends a bunch of extra time gathering up and sending over information. And then, as one of our friends likes to say, the seller hears a thousand watts of silence! Nothing is happening on the buyer side. The seller chases a few times to ensure the information was received. No responses. Weeks go by. Finally, the seller gets lucky and catches the buyer by phone. And what do they hear? “Oh, sorry, man. Yeah, I have been really busy. We haven't looked at the stuff you sent and haven't had any meetings around it. Hmm. I'm kind of busy now. Can we talk another time?” And, then things just start to slide further South from there. This isn’t unusual, and we believe not having concerted next steps to lead the buyer is a strong contributor to the stat we’ve been hearing - 58% of deals ending in ‘no deal.’ When Things Go Right (with concerted Next Steps) I had worked on in a joint initiative between Hewlett Packard and Microsoft, where they had eight solutions that they had identified between them. They wanted a go-to-market program with a concerted selling approach. One of the solution areas was business intelligence, and if a customer engaged with them on it – it would result in a multi-million-dollar deal. We built introductory conversation materials for reps to use in securing a meeting. In the initial discussion, the seller would offer a concerted next step called the Executive Briefing. If the client was willing to sponsor the Executive Briefing, including making sure the right people attended, the Executive Briefing would be confirmed. HP and Microsoft would bring in their “Top Gun” experts to talk to those executives about what business intelligence would mean for their organization. At the conclusion of the Executive Briefing, additional next steps would be laid out for consideration and agreement. It normally included an assessment and business case-building process, and a strategic workshop to shape the initiative, roadmap and action plan for success. What we found was over a 50% deal connect rate when we when we went down this concerted next-steps path. All the folks involved in shaping this program won a marketing program of the year award. Best Practices in Leading the Buying Journey with Next Steps It is important to put the seller in a position of leading the buyer towards next steps as opposed to the buyer leading the seller - which very often goes poorly because buyers are busy with their day jobs! The seller needs to be helping their buyers create the plan for the future, putting themselves in an advisory role to help define for the buyer what looks better in the future and how to get there. One of Bruce’s clients has a buyer journey map they show at every client touchpoint. They will highlight the journey and steps their customers typically take to embark on an initiative and leverage their software and services. They will get agreement around the series of steps, including an assessment and value analysis useful for helping their buyer create an internal case for change. After that’s established, they will move to a strategic planning workshop where they can further shape an initiative and make sure executives are fully aligned and bought in. This is a very different orientation from the norm. Most organizations align their sellers around a sales process that’s self-serving. The better approach is more buyer-centric – thinking about what the buyer needs at each next stage of their buying journey, and how can you move the customer through that buying stage with concerted next steps. Simple ‘Next Steps’ Planning Framework As you move through the buyer journey a few times, you start to be aware of natural junctures of what that buyer journey looks like, including some buyer-centric milestones along the way. There may be a stage where they want executives to be educated on the case and value of change. And maybe there's another step around strategy - what's the strategy to embark on this change initiative? Maybe there's another step about the initiative itself - who's going to be involved in this initiative? What's the roadmap look like in this initiative and, and what's timing around this initiative? Ask yourself these questions: <ol> <li>Outcomes - What are the outcomes that you're looking for at each one of these buying milestones? A few examples of outcomes would be key executives are educated on the opportunity and case for change, executives have agreed to a strategy and executives have agreed to provision resources for an initiative to be born.</li> <li>Activities - What are the activities that need to happen on the seller side and on the buyer side to make sure you're reaching the desired outcomes? Examples include assessments, value analyses, strategic workshops and initiative action planning meetings.</li> <li>Tools – What are the tools needed to support the key activities and desired outcomes at each stage, including Assessment Tools, ROI Calculators, Strategic Workshop Structure and Content, and marketing materials useful in selling each activity and tool as it’s introduced into the buying process.</li> </ol> In advance of a client meeting or call, it’s a best practice to do some mini-planning about what you want to discuss with the client and what are your desired outcomes and next steps you will introduce in the meeting. Getting Your Next Steps in Place To get your next steps in place, you ask your peers and folks in marketing – what tools do they have that you can leverage? You might be pleasantly surprised that something either exists or perhaps marketing commissioned having something developed that didn’t see the light of day. Leverage what you can. Don't stop there though if concerted next step activities and tools don’t exist. You might have to cook something up yourself to fill the gap, and get support overtime in having more professional and branded support and tools. Resources and Links for this Episode <ul> <li>Connect Darrin Fleming on <a href="https://www.linkedin.com/in/darrinfleming/" rel="nofollow" target="_blank">LinkedIn</a></li> <li>Connect with David Svigel on <a href="https://www.linkedin.com/in/davidsvigel" rel="nofollow" target="_blank">LinkedIn</a></li> <li>View some <a href="http://www.roi-selling.com/resources" rel="nofollow" target="_blank">ROI Selling Resources</a></li> <li>Surf the <a href="http://www.roi-selling.com/blog" rel="nofollow" target="_blank">ROI-Selling Blog</a></li> <li>Join the <a href="https://www.linkedin.com/groups/1805780" rel="nofollow" target="_blank">Value Selling LinkedIn Group</a></li> <li>See some <a href="http://www.roi-selling.com/roi-tool" rel="nofollow" target="_blank">top-class ROI selling tools</a></li> <li>See a <a href="http://salesconversation.com/businessvalueproposition/" rel="nofollow" target="_blank">success story of a concerted next step</a> for Brocade</li> </ul> For More Great Content I would appreciate it if you would subscribe, rate, and review this show at <a href="https://itunes.apple.com/us/app/podcasts/id525463029?mt=8" rel="nofollow" target="_blank">Apple Podcasts</a>. Here’s a <a href="https://www.youtube.com/watch?v=48So_81Dj_g" rel="nofollow" target="_blank">cool very short video</a> that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit. Credits Sound editing and show notes produced by – <a href="http://www.chirpsound.com" rel="nofollow" target="_blank">ChirpSound</a>

How to Lead in the Buyer Journey with Next Steps with Darrin Fleming and David Svigel

Episode Overview This episode features David Svigel, the co-founder of ROI-Selling.com. He’s been a close friend and business partner of mine for over a decade. We've tag teamed on several successful client engagements where the b2b client wanted to up their game in value selling - and that meant being able to communicate and quantify the business value proposition to targeted prospects. In this episode, David and I will talk about some of the trends we've seen in buyer behavior, and how this has added gravity to being able to sell both personal value for each buyer and overall company value for larger b2b solutions. He will also offer several practical tips for upping your value-selling game.   Episode Timestamps [1:44] How David Became Focused on Helping Sellers Sell Complex Solutions  Early in his career, David noticed that there was a disconnect between the buyers and sellers of complex solutions.   Sellers did not really quantify the benefits to their buyers.   That disconnect became an insight for David to help even out those sales conversations and bring them together with ROI selling:   Led David to co-found www.ROI-Selling.com      [2:51] What’s Changed in the Nature of Buying?  Closer budget scrutiny. More decision makers involved in every b2b buying decision. Upward movement in the buying decision:   More senior/executive-level approval is required before a purchase decision is made.   These 3 factors have converged to restrict any individual buyers purchasing authority, and for the sales representative, it has caused longer sales cycles.    [6:03] How Does Value Selling Play Into Addressing These Changes?  Getting buyers motivated requires showing them your solution is going to save them either money and/or increase revenue. What buyers don’t care about anymore is:   Marketing speak such as “high quality” or “long lasting” When reps start talking about the latest feature of a solution.   The fundamental question that buyers want answered is can your solution help them do more with less.   The next question buyers will want to ask is, how much can it help? Quantifying your solution’s value creates a sense of urgency with the buyer, and sets the stage for approvals from the buying committee   When you’re dealing with buying committees as a sales rep, what’s beneficial is showing each committee member how the solution will benefit them.   Quantify it for each person. Makes it easier for the group to come to a consensus together.      [11:10] Ways Sellers Can Get Started in Value Selling  An ROI tool. Look for available resources:   Find case studies with good value points. Talk to your marketing department:   Find research reports as material.     Frame the value discussion around your customer’s unique situation. Undergo a depth of analysis of your customer’s unique problem(s).    [17:15] Why Sell Based on Business Value?  So sales reps can close more deals, better defend their price - by showing what the value of their solution is. Begin to collaborate with your buyer and build the business case:   Will make maintaining your budget that much easier.   If you build the business case and the buyer buys into it, they will be more engaged.    Additional Resources  Connect with David on LinkedIn Grab some ROI Selling Resources Surf the ROI-Selling Blog Join the Value Selling LinkedIn Group See some top-class ROI selling tools    For More Great Content I would appreciate it if you would subscribe, rate, and review this show at  Apple Podcasts. Here’s a cool very short video that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit.   Credits Sound editing and show notes produced by – ChirpSound

Episode Overview This episode features David Svigel, the co-founder of <a href="http://ROI-Selling.com" rel="nofollow" target="_blank">ROI-Selling.com</a>. He’s been a close friend and business partner of mine for over a decade. We've tag teamed on several successful client engagements where the b2b client wanted to up their game in value selling - and that meant being able to communicate and quantify the business value proposition to targeted prospects. In this episode, David and I will talk about some of the trends we've seen in buyer behavior, and how this has added gravity to being able to sell both personal value for each buyer and overall company value for larger b2b solutions. He will also offer several practical tips for upping your value-selling game. Episode Timestamps [1:44] How David Became Focused on Helping Sellers Sell Complex Solutions <ul> <li>Early in his career, David noticed that there was a disconnect between the buyers and sellers of complex solutions.</li> <li> <ul> <li>Sellers did not really quantify the benefits to their buyers.</li> </ul> </li> <li>That disconnect became an insight for David to help even out those sales conversations and bring them together with ROI selling:</li> <li> <ul> <li>Led David to co-found <a href="http://www.ROI-Selling.com" rel="nofollow" target="_blank">www.ROI-Selling.com</a></li> </ul> </li> </ul> [2:51] What’s Changed in the Nature of Buying? <ul> <li>Closer budget scrutiny.</li> <li>More decision makers involved in every b2b buying decision.</li> <li>Upward movement in the buying decision:</li> <li> <ul> <li>More senior/executive-level approval is required before a purchase decision is made.</li> </ul> </li> <li>These 3 factors have converged to restrict any individual buyers purchasing authority, and for the sales representative, it has caused longer sales cycles.</li> </ul> [6:03] How Does Value Selling Play Into Addressing These Changes? <ul> <li>Getting buyers motivated requires showing them your solution is going to save them either money and/or increase revenue.</li> <li>What buyers don’t care about anymore is:</li> <li> <ul> <li>Marketing speak such as “high quality” or “long lasting”</li> <li>When reps start talking about the latest feature of a solution.</li> </ul> </li> <li>The fundamental question that buyers want answered is can your solution help them do more with less.</li> <li> <ul> <li>The next question buyers will want to ask is, how much can it help?</li> <li>Quantifying your solution’s value creates a sense of urgency with the buyer, and sets the stage for approvals from the buying committee</li> </ul> </li> <li>When you’re dealing with buying committees as a sales rep, what’s beneficial is showing each committee member how the solution will benefit them.</li> <li> <ul> <li>Quantify it for each person.</li> <li>Makes it easier for the group to come to a consensus together.</li> </ul> </li> </ul> [11:10] Ways Sellers Can Get Started in Value Selling <ul> <li>An ROI tool.</li> <li>Look for available resources:</li> <li> <ul> <li>Find case studies with good value points.</li> <li>Talk to your marketing department:</li> <li> <ul> <li>Find research reports as material.</li> </ul> </li> </ul> </li> <li>Frame the value discussion around your customer’s unique situation.</li> <li>Undergo a depth of analysis of your customer’s unique problem(s).</li> </ul> [17:15] Why Sell Based on Business Value? <ul> <li>So sales reps can close more deals, better defend their price - by showing what the value of their solution is.</li> <li>Begin to collaborate with your buyer and build the business case:</li> <li> <ul> <li>Will make maintaining your budget that much easier.</li> </ul> </li> <li>If you build the business case and the buyer buys into it, they will be more engaged.</li> </ul> Additional Resources <ol> <li><a href="https://www.linkedin.com/in/davidsvigel" rel="nofollow" target="_blank">Connect with David on LinkedIn</a></li> <li><a href="http://www.roi-selling.com/resources" rel="nofollow" target="_blank">Grab some ROI Selling Resources</a></li> <li><a href="http://www.roi-selling.com/blog" rel="nofollow" target="_blank">Surf the ROI-Selling Blog</a></li> <li><a href="https://www.linkedin.com/groups/1805780" rel="nofollow" target="_blank">Join the Value Selling LinkedIn Group</a></li> <li><a href="http://www.roi-selling.com/roi-tool" rel="nofollow" target="_blank">See some top-class ROI selling tools</a></li> </ol> For More Great Content I would appreciate it if you would subscribe, rate, and review this show at <a href="https://itunes.apple.com/us/app/podcasts/id525463029?mt=8" rel="nofollow" target="_blank"> Apple Podcasts</a>. Here’s a <a href="https://www.youtube.com/watch?v=48So_81Dj_g" rel="nofollow" target="_blank">cool very short video</a> that shows you how to do this. Your feedback is greatly appreciated and will help me promote the show to others who will benefit. Credits Sound editing and show notes produced by – <a href="https://chirpsound.tumblr.com/" rel="nofollow" target="_blank">ChirpSound</a>

How to Sell Complex Solutions to Multiple Buyers with David Svigel