
Developing Strategic Partnerships
Developing Strategic Partnerships
The Developing Strategic Partnership program was created to help sales executives and sales teams improve their probability of winning large, complex sales and key accounts. These are the type of accounts that are usually large and strategic, where the objective is to create a long term, consistent revenue partnership. Selling to these complex accounts can have big rewards when successful but be devastating when you’re not!
It can make a year or drain you using up your time and critical resources. It’s a key reason the program was initially developed. As the VP of Sales with 25 field offices I was responsible for our resources and revenue. I realized we needed a better hiring program and a better training program for our sales organization. I teamed up with my sales leaders to analyze our performance as a company. We identified our areas of need. We interviewed training companies with the goal and intention to build a system for selling complex accounts that was superior to any other.
As successful sales executives we were all trained in Strategic, Behavioral and Tactical Selling. Our members sold mainframes, minicomputers, software, communications products and networks. Each sale was complex, we included our top SE’s, our Director of Training with 20 years of practical experience in field sales plus a Masters in Education. The task was to build a world class training system.
The result was a modular training program that covers all elements of the sales process. What we did was create a sales training program that can reinforce MEDDPIC Metrics for Deal, Account and Funnel Management.
The DSP Program was developed by successful sales executives to provides you with the methodology, skills and tools. We played the game as sales professionals and sales managers. We understand the stakes and the level of commitment and discipline required to execute a successful Deal/Account Acquisition process.
The DSP program can be tailored to your specific situation: The modular design makes it easy to customize every engagement. You can start with a Sales Optimization Assessment to learn about a companies vision, culture, challenges, priorities, systems and methodologies. The DSP program can implemented onsite or as a virtual workshop
Program Modules and Options include:
Target Market Development/Account Planning
Ideal Client Profile and Unique Value Statements (by Target Market)
Identification of the Decision Nucleus and Buyer Roles
Buyer Psychology
Buyer Motivation (personal and professional)
Attitudes toward change (who are the movers and shakers)
Buyer Communications and Preferences
Commitments/Testing Receptivity
Presentation Magic - How to present to the team decision nucleus
Account Strategy Reviews are organized and Account Plans are consistently updated and improved. The team is integrated with a logical and standardized process
with tools and training to improve execution, communications and results. Other key benefits include: Minimize Surprises, Improve Forecast Accuracy.
Reviews can be associated with the different stages of the opportunity. Each stage includes milestones to be completed or adjust the pipeline probability.
Account Reviews follow a strategic and tactical approach for improve retention and clarity and are better organized and are no longer a fire drill.
WIN ratios improve with better strategy, communications, team execution and accountability.
Program participants select their Accounts to Roadmap. When they finish the program they walk away with a new or updated Account Plan.
Additional uses of the Account Review Roadmap include:
One-on-one or Prior to attending a sales call
In a Business Builder or Monthly Funnel Review
Process Prior to negotiations
Large Opportunity - Big $
Major Account - Strategic Importance
When an Account represents a new market or industry
If you have been unable to meet the Director Buyer (Key Decision Maker)
When Forecasts are being missed
You need to assess the allocation of resources