10 Thing Sales People Need to Know About C-Level Decision
Makers
by: Kelley Robertson
Selling to high-level decision makers is challenging at the
best of times. However, it can be easier if you understand a few business
principles.
C-level decision makers are paid to improve their business
results. Regardless of how the media portrays these executives, their primary
concern is to improve their business. This includes increasing sales, market
share, customer loyalty; reducing costs, errors, or employee turnover;
improving productivity, employee engagement, customer service, etc.
How does your product, service or solution address one of
these issues?
C-level decision makers deal with changing priorities.
Improving customer engagement may be a top priority today but tomorrow that
executive may be faced with cutting $250,000 in expenses. That means they
sometimes go cold after expressing initial interest in your solution.
Do you have a strategy in place to keep your solution
current?
C-level decision makersare extremely busy. The average
executive arrives early in the morning and stays late into the evening. They
get dozens of calls every day, receive too many emails, and attend too many
meetings. This means that you need to maximize every minute you have when you
connect with them. This applies to telephone conversations and face-to-face
meetings.
Do you know EXACTLY what to say when you connect with these
individuals?
C-level decision makersrely on others. Contrary to popular
belief, these high-ranking big-wigs seldom make decisions on their own. They
often defer to other people on their team and ask for feedback from peers
and/or subordinates. This means you need to involve these people in your
conversations and include them in the decision making process.
Do you have the ability to finesse this?
C-level decision makers don’t like to make mistakes. A major
mistake can affect an executive’s reputation in their company. This affects the
decision-making process which means you need to uncover their risk factor
during your conversations.
How will you reduce your prospect’s risk factor?
C-level decision makers have big egos. Most executives have
a healthy ego which is one of the things that helped them achieve their status
in the company. This means that you need to be very confident in your own
abilities when selling to these individuals. Don’t back down when you’re
challenged. In fact, doing so could cost you the business because C-level execs
want to deal with people who believe in what they do.
Are you confident enough to deal directly with C-level
executives?
C-level decision makers spend the bulk of their day in
meetings.The next time you’re in the office, watch an executive. Chances are
you will see them dashing from meeting to meeting. Your prospects are in the
same position. They aren’t sitting at their desk waiting for you to call them.
Are you persistent in your efforts to connect with these
individuals?
C-level decision makers have at least 40 hours of work on
their desk at any given time. Several executives I know have expressed these
sentiment, “I will never get caught up” or “Just when I think I can’t get
busier, I do” or “I never call a sales person back because I already have too
much on my plate.” you need to give these individual’s an extremely good reason
to meet with you or take your call.
Is your approach effective?
C-level decision makers receive upwards of 150 emails every
day. Many sales people use email as their major form of correspondence and it
can be ineffective because most C-level decision makers simply don’t have time
to respond to every email. A Managing Director once told me that he prefers
telephone correspondence because he simply can’t get to every email, even when
he wants to.
Do you use a variety of strategies to connect with C-level
decision makers?
C-level decision makers think big picture.Stop focusing on
your product or your company and start looking at the big picture of your
prospect’s business. Most C-level execs don’t get bogged down in the little
details of their business—they pay others to take care of the details. I once
met with the President of a $125 million company and made the mistake of asking
her questions about front-line execution instead of top-level strategic issues.
Can you see and discuss the big picture?
Think about your responses to each question and adapt your
approach accordingly.
© MMXI Kelley Robertson, All rights reserved.
About The Author
Do you know what sales blunders are costing you money? Get a
FREE audio program, Sales Blunders That Cost You Money and two other
sales-boosting resources by subscribing to Kelley’s newsletter at
www.Fearless-Selling.ca or email Kelley@Fearless-Selling.ca
.
The
author invites you to visit:
http://www.fearless-selling.ca
Comments
Post a Comment