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@markeelliott [email protected] www.vapartners.ca Presentation for B2B Sales Strategy
14

B2B Sales Strategy for Startups

Jan 21, 2015

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Fundamentals in B2B sales strategy for startups and other fast growing firns.
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Page 1: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Presentation for

B2B Sales Strategy

Page 2: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Agenda• Introduction• Value Proposition• Targets• Sales and Marketing• Tactics• Process Tools• CRM• Forecast• Managing the Team• Compensation• Great Resources

Page 3: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Introduction

• Mark Elliott co-founder • VA Partners provides Part-time Sales and Marketing• Almost 20 Years of Sales and Marketing• Created a $600,000 annual annuity stream for a finance

company• Grow Financial client from 1 to 44 customers and double

revenue• Close over $100,000 in sales directly from Social Media

Leads• Booked over 70 meetings using Social Media• New clients for web based company increased revenue

by 50%• Worked with 60 clients over 7 years

Page 4: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Sales gets a bad reputation

Page 5: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Value Proposition• What benefits are you

selling?• Revenue increase

• Cost reduction

• Productivity improvement

• Avoid something bad

• Quantify the benefit• Selling through a

channel• Multiple Value

Propositions• How are you different

vs. your competitors

Page 6: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Targets• Where do your benefits

best match-up?• Vertical focus• Horizontal focus• Leverage knowledge

and success to own a market segment

• Best contacts within a company

• Could be multiple• All organizations don’t

work the same way• Call high in the

organization

Page 7: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Sales and Marketing• Inbound leads• Work in Alignment• Segment target

markets• Marketing to support

sales• Web

• Brochures

• Presentations

• Social Media

• Content Marketing

• PR

• Traditional Media

• What is a good lead• Measure your activities

Page 8: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Sales Tactics• Inside - Outside• Research

• Social Media

• Web

• Jigsaw

• Linkedin• Leverage 2nd

• Status Updates

• Twitter• Regular Updates

• Reach out through Twitter

• Targeted Email• Warm/Cold Calling

Page 9: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Sales Process Tools• Path to Sales Success• Meeting plans

• Who are you meeting

• Why do they want to meet?

• Goals

• Next Steps

• Activity targets• Handling objections• Sales templates

• Proposals

• Emails

• Call scripts

Prospecting

Qualifying

Proposing

Closing

Roll-out

Page 10: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Sales CRM• Accounts• Contacts• Activities• Opportunities• Notes• Leads• Share information

Page 11: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Sales Forecast• Bottom up is best • Consistent • Specific opportunities• Next steps defined• Hold reps and

managers accountable• Follow-up

Page 12: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Sales Team• Roles are defined• Expectations• Support is in place• Communications plans

• Formal one-on-one

• Team meetings

• Sales meetings

• Management by walking around

• Sales Plan

Page 13: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Sales Compensation• Simple• Measureable• Salary• Commission• Activities

• Meetings

• Proposals

• Demos

• Calls

Page 14: B2B Sales Strategy for Startups

@markeelliott [email protected] www.vapartners.ca

Great Sales Resources

Entrepreneurs Tool Kit

Sales 2.0 BookLinkedin Group

http://yoursalesplaybook.com