
Digital Sales Transformation (DST) has been a hot subject for most companies for the past years, but mainly focusing on the front-end customer experience, e-commerce, digital marketing, and automation (e.g. search/SEO, social media, online shopping, etc.) as well as digitizing the back-end business processes by enabling some software tools. However, few had addressed the “digital transformation” of a salesforce (the actual salespeople), and how to adopt new methodologies and adjust processes to reach out to clients virtually, build trust, and walk the entire sales journey in a digital world, which is a much more sophisticated process than merely replacing the current face-to-face activities by online communication and Zoom meetings. Thus, I thought of sharing with you the key components to having a successful Digital Sales Transformation, specifically for your B2B or B2C salesforce. We will address the details of the digital sales transformation for the distribution sales in another article. |
THE 5 COMPONENTS FOR A SUCCESSFUL DIGITAL SALES TRANSFORMATION
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1. UNDERSTAND YOUR CUSTOMER BUYING BEHAVIOUR
I’m sure you’ve heard about this, customers now kick off their engagement with salespeople very late in their decision process; mostly after they have done a lot of research by themselves. But even until a few months ago, you encounter many businesses not considering this matter seriously and following the old school of striving to prospect, as if clients will start their search process the moment the salesperson reaches out.
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2. REENGINEER YOUR SALES PROCESS
First and foremost it is important to adhere and align with your customer journey and the dynamic change in his/her behavior and blocks of TRUST, especially that building trust with clients digitally is not as easy as managing it in meetings, coffee times, lunches, and other outings. There are few important elements to note for the time being:
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3. RESTRUCTURE AND REALLOCATE YOUR SALES RESOURCES The days of a sales rep managing the full life cycle of customer engagement are over. The level of expertise and focus demanded at each stage is so high that multiple “selling” resources must work together to achieve success. As a result, we have to look for more specialized people in different sales roles within the sales process. Thus there are two important elements to be considered in your sales restructuring:
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4. INTEGRATE AND LEVERAGE THE RIGHT TECHNOLOGY As clearly stated in one of HBR publications “Digital Transformation is not about Technology”, although technology is a critical part of its success, conditioned that choosing and implementing the right tools should be aligned with the designed strategy and people’s mindset. There are many software and tools that could accelerate the B2B Digital Transformation, but first, it is important to design and build the first THREE PILLARS stated above, then choosing each tool in its right fit within the entire transformation. |
5. CREATE A DATA-DRIVEN SALES Ultimately, we believe Digital Sales Transformation is less about “doing things faster” (i.e. automation) and more about “doing things smarter” (i.e. sales intelligence, predictive analytics, AI, etc.). So without having the right Data Governance in place, this would be impossible to achieve. Analyzing and leveraging the available data will not be possible without getting the right data where it is needed, consistently in a unified way. Add to this, the challenge of collecting as much data as possible from the client, which can be huge with today’s digital world. For more details on this matter, you can benefit from our article on how to Prepare Organizations to be Data-Driven. |
Imagine Sales Tomorrow With Digital Sales, there’s a lot of new opportunities that will reside and will grant your business. You’ll be on the same distance from all clients globally, you’ll have a very competitive edge among competitors from employment, cost, and currency exchange (where it applies), and your sales reps will be able to bring into a client meeting all stakeholders (Salesperson, the client, as well as 3rd parties (partners, suppliers, …) at any time. Thus you will not have market penetration limitations, and you will have a more attractive price along with a higher conversion ratio. |
How We Could Help
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Contact us for a fruitful discussion on how this can aid your sales revenue growth. Learn more about our approach to Digital Transformation |