Barriers to Success in Selling to Executives
Stephen J. Bistritz, Ed.D.
www.sellxl.com
Interviews with top salespeople selling to executives confirm their
fear of calling on senior-level customer executives. Fear of failure is
often cited as their primary concern. They are absolutely right when
they view this type of executive call as a high-stakes game and blowing
a call at the executive level can deny them return access for an
extended period of time.
Their second fear is lack of self-confidence. This is hard for many
salespeople to admit. Their ability to review the technical details of
their solution at lower levels in the customer organization is
typically beyond reproach; however, they are, at times, intimidated
calling at higher levels. The fact is that many salespeople are out of
their comfort zone selling to executives at the top levels of the
customer organization.
The third fear is their lack of equivalent position. At times they
feel they have to be of "like rank" in order to call on senior-level
executives. To compensate, they bring one of their company's executives
without briefing them beforehand. The result is a "glad-hand" call that
simply wasted the time of the customer executive.
The three fears cited above can all be mitigated by effective
preparation for that critical first call on a customer executive. A
salesperson, in selling to executives, should focus on three areas of
acquiring knowledge about the customer; namely, the customer's
industry, the customer's company and the customer executive. Knowing
how to access and acquire this information on the internet is today's
new skill that is a requirement of being a professional salesperson.
When the Chief Information Officer of a large technology corporation
was asked: "Why would someone at your level meet with salespeople?" his
reply was, "because salespeople can often offer solutions to my
business problems that even people in my own organization can't
address. I want to meet with them because of their experience in
solving problems in other organizations and the subsequent value they
can offer to me."
Only when salespeople demonstrate that they are willing to
understand and listen to the executive's key business issues,
articulate the business value they can deliver to them and demonstrate
a consistent ability to be perceived as a trusted advisor can they
begin to overcome their own fears of calling on and selling to
executives at that level.
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