C-Level Selling and Advanced Selling Skills
5 Elements to Create Large Accounts
Large Account Management requires
knowledge of where the account is going in relationship to it's
customers, competitors, industry and the economy. This
knowledge is housed in the heads of the profit-center leader and
his or her staff. So anyone that wants to manage a large
account has to get to these leaders on a regular basis and learn
issues, concerns, problems or target opportunities these people
are thinking about. The only way these leader are going to
let that happen is if the vendor has established relationships
with these C-level and senior executives.
The sad truth is
that account managers believe they are high enough with their
main contact – especially
technical sales managers - and there is no need to go higher.
The other travesty is that account managers feel that a
relationship is knowing who the senior managers are and/or being
able to say hello to them as they pass by.
What is even more disconcerting is that 90%
of large account managers don’t know how to get to,
talk with, and perform to the standards of senior executives.
If this seems unbelievable, ask any Sales VP or CEO how many
senior level relationships their account managers have developed that can be leveraged for
price advantage and/or against competition. You’ll find it is
very few.
So here's the guide for large account
managers to follow for establishing C-level relationships.
Purpose
Successful account
managers know there is a real purpose for being positioned at the
top. Budgets are allocated there. Funds are released there -
with or without a budget. Any changes to operations, systems or
procedures are usually initiated there and are always approved
there. Committees bring their recommendations for vendor
selections there for approval.
Always ask
yourself or your account manager, “What would happen to your
chances of being the preferred vendor if your competitor gets
there and makes a positive impact?” This should eliminate any
doubt about purpose.
Focus
Getting to the top
requires focus. If you set your sights there, you’ll figure a
way to get there. Caution: Do not ignore the people below on
your way to the top. They have to be covered, but realize the
job is not finished with subordinates.
Set your scope
upward towards senior managers. Target those with P/L
responsibility for the division, region, company, etc. where
your products/services are used. If you don’t, the ruling party
will consider you a commodity that can be substituted or
replaced, instead of a valuable resource to protect and use.
Confidence
Confidence is the
belief that you belong with these leaders. Unfortunately, the
lack of this self-assurance becomes our worst enemy. The
reason for this is that we have been programmed from childhood
to fear authority figures. So we gravitate to lower, more
comfortable levels and convince ourselves that the decision is
made there.
We were also
conditioned that selling is a negative profession. Who ever
studied to be a sales person? Remember your parents’ words,
“Don’t bother people. Don’t ask for favors. You’ll be
annoying. You’ll be indebted.” Consequently, we feel afraid of
what will happen, and ashamed (too proud or guilty) to ask for
introductions, information or even the order.
To destroy
self-worth further, there are past rejection experiences from
meetings with executives that went nowhere and rejection from
subordinates saying in so many words, “Your not important enough
to go beyond me.” All of this conditioning has left many sales
people without the confidence to charge ahead and make contacts
and relationships.
The solution to
this overwhelming intimidation factor is to prepare for the
meeting and prepare yourself. Get help from your information /
introduction network. Rehearse what will be said and done in
the meeting. Reprogram your thinking that this working person
with a title is no different than you. Overcome any self-doubt
by realizing you are feeling afraid and fear is just negative
projection. Pump yourself up to positively project. Think,
“This person wants to see me and our meeting will be great for
both of us. If not, it’s his/her loss – not mine.”
Credibility
Credibility is the
door opener. If you’ve got it you can see this person anytime.
Credibility means the person respects you, trusts you and
believes you will deliver him/her results. Most sales people
develop credibility at lower levels. Establishing credibility at
higher corporate levels is far more difficult because access is
limited and what needs to be done and said is very different.
Slip here with boring, annoying or no-impact selling approaches
and you’ll ruin any chance of credibility, further access and a
relationship.
The key to gaining
credibility is to use your Golden Network to transfer their
credibility with the higher level people to you. They need to
refer you, introduce you, and help you establish respect. Once
you’re there, remember that to keep this busy exec’s attention
you must talk about what’s important to him or her. If you
don’t know, lead with questions to learn how this person thinks
and acts. Keep in mind that senior level people love to talk
about themselves and their problems. Once they realize you
understand them, they may then listen to how you can help.
Performance
Finally,
performance provides the real basis for attaining access,
developing credibility and establishing relationships with
senior executives. However, your performance at this level will
be judged on what it does for the individual executive. It is
now personal. Not only must the company benefit, but the
executive must believe his/her career has been enhanced or
protected by doing business with you.
Learn what the
chief values and structure your proposition in a way that shows
that she/he can get it better and with less risk of failure from
you. Then deliver it. Measure the results by his or her
standards and be sure the executive is satisfied. If so, that’s
great. Ask for more business. If not, set a course to bring
the results to where they need to be.
Conclusion
Managing your
existing accounts for more sales is so much easier than new
sales to new customers. However, it requires getting
positioned. This takes skills and a sensitivity that most
people have never learned. Purpose, focus, confidence,
credibility and performance are the route to the top. Learn how
to implement them and never stop climbing until they offer you
your own office in their C-Suite.
And now I invite you to learn more.
Bonus Tip: FREE E-Book “Getting Past
Gatekeepers and Handling Blockers”. Just click this
C-Level Relationship Selling Link
. Sam Manfer makes it easy for any sales person to be effective
and feel comfortable connecting with and relationship selling
C-Level leaders.
Sam Manfer delivers
key note speeches
and in-depth
selling work shops
for those
anxious to increase sales. His hands-on coaching turns
individuals and sales organizations into selling whirlwinds.
Sam’s selling awards and $ Million sales recognitions support his
methods. His book,
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