Selling managed services has changed quite a bit in recent years.
Today, most of your best prospects for managed services are doing all their own research upfront before they’re ready to speak with you.
Why? Most of the research and shopping behaviors that we’ve all gotten used to with search engines, social media, mobile devices, and the cloud have now become part of how we solve problems in our professional lives as well.
This can really throw sellers of managed services a curveball if they’re blindsided.
In this post, you’ll learn whether your sales process is aligned with today’s realities or whether your sales funnel needs a radical makeover.
If you look at today’s buyer’s journey, the trade shows are still in the marketing mix – although many people report declining yields.
Many print publications have either gone away completely or are a fraction of what they once were.
With direct mail, think about the last time you made a major purchase that was influenced by something you first learned about by getting a piece of mail in your mailbox. And your entire buyer’s journey, your entire research process, comprised of what you learned about from what you got in the mail.
And there still are managed service providers and IT consulting firms that rent mailing lists, importing them into their email software at their own peril and emailing those who never asked to receive them.
So that still is going on, but there has been some major disruption of the traditional playbook for marketing and selling managed services:
These are four major disruptors.
At that time, as these disruptors have become much more prevalent with what’s happening today, sales and marketing alignment has become much more critical.
When you talk about prospects not being ready to talk to your sales team until 83% of the decision has been made, 83% of the buyer’s journey is over, marketing has a lot more control over the paychecks of your sales team than many people realize.
Because prospects are not ready to talk with your sales team until anywhere from 80% to as much as 90% of the decision has been made. Typically on average, about 80% of that buyer’s journey has been completed before prospects are ready to talk with your sales team.
Personalizing your approach is a lot more critical in today’s buyer’s journey, You can’t use a static, cold-calling pitch anymore.
People expect you to have much more context for what they’re actually looking for.
Things that started in the B2C world like Amazon, not only knowing everything you’ve bought, but everything you’ve ever searched for, and giving you personalized recommendations.
Streaming video, satellite radio, iTunes- all of these things have allowed people to get information on their terms exactly when they want it, without a lot of BS thrown in.
And those selling managed services have been forced to adapt to that and become a lot more consultative in their approaches.
To succeed in today’s buyer's journey, your sales team must get found much earlier, long before that 70% point, to plant their flag in the ground as trusted advisors.
In today’s much more buyer-centric sales cycle, your sales team’s monopoly on information is largely gone.
How has your MSP firm changed how it sells managed services? Are your sales professionals truly perceived as trusted advisors? Share your thoughts in the Comments box.