Video: 3 Tips for Fostering a Coaching Culture

 

Episode summary

In this video, Helen Waite shares some of the key takeaways from our Road to Readiness Roadshow stop in Chicago. This video focuses on fostering a coaching culture in sales orgs and offers some practical tips for how to create one at your own organization.

Key highlights

  • Leadership buy-in: To establish a coaching culture, it’s imperative that senior leaders, from the CRO to managers and reps, actively participate in coaching. Leadership buy-in sets the example for the entire team. Some organizations even tie coaching to sales manager compensation to incentivize regular coaching.
  • Coaching for coaches: Sales managers are often promoted from successful sales reps, but they may lack the necessary coaching skills. Providing coaching for coaches as part of onboarding and ongoing training is essential. Regular training sessions, whether quarterly or during annual kickoffs, help managers continually improve their coaching abilities.
  • Better together mindset: Encouraging collaboration among managers and reps fosters a coaching-friendly environment. When managers work together and reps collaborate, it creates a safe space for conversations, enabling continuous learning. This “better together” mindset ensures that coaching isn’t a competitive activity but rather a collective effort to help the entire team achieve their goals.

Transcription

Our second stop on our Road to Readiness Roadshow in Chicago brought together sales leaders from ChowNow, Couchbase, Cisco, SCI, and more. A lot of the conversation was around a coaching culture in your organization. So here we’ll share three tips for fostering a coaching culture.

The first tip is leadership buy-in.

You’re not going to get your entire team to adopt a coaching culture and coach on a regular basis unless your leaders are doing the same thing. So enablement can’t drive this function alone, you need to make sure that your senior sales leaders, your CRO down to your managers, and your reps are all bought into coaching on a regular basis, so everyone can get better.

We’ve seen success in organizations even building coaching and as part of a sales manager’s compensation, just to encourage and make sure that they’re doing that coaching on a regular basis.

The second tip is coaching your coaches.

We often see that sales managers are typically sales reps who did really well and were promoted. So it doesn’t always mean that they have the skills needed to learn how to coach their reps effectively once they do become a manager.

Make sure that you’re coaching your coaches as part of your onboarding and training for your new managers. And then making sure you’re doing that on a regular basis, whether it’s once a year, providing training to all of your managers on how to coach their reps effectively. It could be on a quarterly basis, or twice a year during your kickoffs, making sure that you’re not only doing a coach the coach as part of your onboarding but also including that on a regular basis for your managers to make sure that they’re always learning from each other, learning how to be better coaches for their reps.

And finally, the third tip is developing a better together mindset.

We heard as part of our sessions, that it’s really important that your managers work together and that your reps work together. And that really fosters a coaching environment where you can have a safe space to have conversations, whether it’s manager to rep, or rep to rep.

Your managers can learn from each other, and so can your reps, and that can help making sure you’re coaching on a regular basis. If they’re all learning from each other, better together. And that coaching can really help the team all hit their numbers together and it’s not kind of pitting team or region against each other. So having that better together mindset helps with that culture.

Create a Sales Coaching Culture

Want to see how Mindtickle can help your create a culture of coaching on your sales team?

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How Mindtickle Builds a Sales Coaching Culture

Every company has aspirations for a sales coaching culture, where frontline managers have the time, tools, and expertise to meet the individualized needs of every revenue producer, and align instruction with company-wide goals. In practice, however, until now I’ve never worked at a company where this vision was more than a pipe dream. At most companies, reality gets in the way: managers are too busy to coach, there are no tools to support the effort, and tactical, deal-focused needs trump everything else.

Mindtickle Guide to Sales Coaching Download

But a key part of Mindtickle’s Sales Readiness Platform is the ability to deliver an effective, institutionalized approach to coaching that focuses on the competencies proven to win deals. Our Readiness team has been the beneficiary of this functionality and I thought I’d share how we use coaching internally to spark some consideration about how it would look in your organization.

First steps to building a coaching culture

I took over the team in early 2022, and one of my first aha moments was the realization that our sales onboarding focus needed to be reconsidered. We brought on a ton of new salespeople in the previous few months, but once our teams were mostly in seat and fully onboarded, I understood the need to better support them in the field. I think this is a pretty common refrain for sales enablement organizations right now: an increased focus on improving the productivity of existing teams vs. making new hires.

My second aha was coming to grips with the idea that measuring the skills of our sellers once they’re in the field was no longer easily possible when they weren’t constantly being trained, We had certain tools — role-play exercises, spaced reinforcement programs, etc. — and they were good at showing what reps knew, but that didn’t really help quantify what they did.

That’s when my team started focusing on providing support for coaching by our frontline managers. We’ve defined the competencies that make salespeople successful, and through insights from Mindtickle’s conversation intelligence solution, we can see how salespeople transfer knowledge to behaviors in the field. So we had lots of data to help with the coaching process, but we also needed to deliver a consistent, organization-wide, coaching approach.

Using Mindtickle to reinforce a sales coaching culture

That’s where Mindtickle — the platform, not the company — comes in. With Mindtickle, we can empower all of our frontline managers to provide individualized coaching for each rep, all aligned to ideal rep profiles (IRPs) we had previously defined. The coaching forms we provide managers are built to help them track the competencies that are exhibited by our most successful reps. Managers can use these forms as the foundation of bespoke coaching sessions with each seller, with three key outcomes:

  • Managers and the Readiness team can track each seller’s progress against each of the competencies we track
  • Based on this feedback, they can focus on coaching to the skill gaps needing the most attention, while de-emphasizing the areas where sellers demonstrate proficiency
  • These coaching evaluations go directly into the Mindtickle Readiness Index, which measures competency attainment vs. business performance — so we can always see how key skills are matching up against metrics like quota attainment, time to first deal, pipeline creation, deal acceleration, and more.

The key thing about coaching, though, is that there’s still a time component. Managers always (understandably) have to focus on deals, particularly as we approach fiscal milestones.   But because coaching is so closely integrated into the Mindtickle platform, managers can more easily incorporate coaching into their day-to-day jobs. For example, every conversation recorded by Call AI, Mindtickle’s conversation intelligence solution, provides access to a variety of competency-focused coaching forms that managers can use to note their observations, grade sellers against a rubric of key competencies, and even recommend content for remediation. Frontline managers can also keep coaching forms open while they’re in sessions with reps, recording their impressions, insights, and feedback as part of an existing process.

As well, sellers can easily see how they’re doing and where they need to improve. Coaching rooms, also part of the Mindtickle platform, help our reps check to see how they’ve been doing over time: where they’re making progress, and what needs improvement. So instead of all of this information having to be kept in frontline managers’ heads, it’s easily available.

For me, one of the greatest aspects of the Mindtickle platform is its ability to transform from a powerful onboarding solution into a comprehensive way to track and improve existing seller performance. That’s only possible because we can empower our managers to coach and then track the impact of their efforts against the metrics that count: revenue generation. quota attainment, time to first deal, pipeline creation, deal acceleration, and other relevant criteria.

Ready to see how Mindtickle can help you build and amplify a sales coaching culture? Set up time for a Mindtickle demo today.

Does Any Sales Leader Have Time for Sales Coaching?

You may not feel like you’ve got time in your busy schedule to regularly coach every individual sales rep, but in reality, those who make the time to coach will reap the rewards in the form of improved performance, more closed deals, and greater generated revenue.

Plus, good coaching isn’t about spending more time doing it — it’s about doing it right.

If you need some sales coaching ideas to kickstart a lucrative program, we’ve got the tips you need for successful sales coaching below.

Mindtickle Guide to Sales Coaching Download

Best sales coaching techniques to optimize your time

Establish a formal process and cadence

Any good business initiative starts with a plan — not just a rough, spoken plan, but an organized documented one. Three-quarters of sales organizations waste resources due to random and informal coaching processes. Formalizing your sales coaching strategies means you’ve got a blueprint to follow and you’re more likely to stick to it, effectively and incrementally improving performance across your team.

Devote time and focus to coaching sessions

Being distracted while sitting down with a rep is not effective. If you can’t listen and provide relevant and impactful feedback, you’re not properly serving the members of your team. Put other tasks and stress aside to not only deliver more thoughtful and significant guidance but to also make the seller feel valued. When you know you’ve got a block of coaching sessions approaching, wrap up any outstanding work and close out any unrelated programs and windows to prevent your mind from wandering.

Cater to performance and preferences

Ahead of a coaching session with one of your reps, take a few minutes to look through performance metrics — like training completion, content usage, and insights from real buyer interactions — so you’ve got visibility into where that seller is succeeding and where they could use further support. This way, no time is wasted during the session trying to pinpoint areas to work on; you’re already up to speed and can offer more meaningful guidance during your one-on-one.

Aside from utilizing performance insights to drive coaching sessions, managers should also consider reps’ unique learning styles and motivations. Structure and tailor your conversations accordingly for each seller so your feedback lands and has a greater impact.

Build relationships and trust

None of the above is possible if you don’t take the care to establish a relationship built on trust with your sellers. Get to know them and allow them to get to know you; this will open the door for reps to share achievements as well as concerns and struggles — helping you get to the heart of the matter and enabling you to provide higher-quality coaching that makes a real difference.

No More One-Size-Fits-All Coaching: How to Create an AI-driven Sales Coaching Program

As a front-line manager, it’s difficult to find the time to effectively coach reps on both specific deals and overall skill development. But that doesn’t mean coaching should be excluded from your list of priorities. Dynamic sales coaching is proven to improve both quota attainment and win rates.

How can you optimize your time while ensuring your reps are getting the support they need to progress? A data-driven sales coaching strategy is the key to coaching success.

Set sales coaching goals and expectations with key stakeholders

Before you can introduce a solution, you need to establish the key goals and expectations of implementing a new coaching strategy. Evaluate what isn’t working currently, what needs to change, and what success will look like. Talk to your front-line managers, enablement team, and sales reps. Involve key sales stakeholders early in the process to get their buy-in to establish a coaching culture and make sure you set goals by defining what a successful coaching strategy would result in.

Select a sales coaching technology

Coaching technology is designed to support your coaching initiative not add more work. So, when assessing your options, consider how each solution will fit into your existing tech stack. If a platform creates a clunky experience with other solutions you’re already using, it will likely be more work than it’s worth. You need a tool that is fully integrated and makes life easier for managers and reps alike.

All-in-one sales readiness platform

The ideal solution for any sales organization is an all-in-one platform that doesn’t just aid in coaching activities, but also includes content, enablement, and conversation intelligence. With everything in one place, completing daily tasks is seamless, information doesn’t get lost in translation, and you can make more educated decisions when it comes to how you coach your team.

Start at the top: “coach the coach”

Sales enablement focuses on the performance of reps—but what about the managers tasked with coaching and leading them? Many front-line sales managers got their positions through being reps themselves, so it’s not fair to expect them to be experts on effective sales coaching from the jump.

Train managers on your new coaching processes, including how to use the technology to be more efficient. And, just like with reps, provide reinforced learning and measure managers’ coaching performance over time to get the most out of the program.

Prioritize sales coaching with conversation intelligence

Coaching and call AI

Managers cannot be on every call with every rep and, as a result, have very little visibility into sellers’ skills in the field. Most likely you are tracking how many calls each seller is making and the length of those calls, but this information doesn’t enable you to make informed decisions on how you can help reps improve performance.

Conversation intelligence records, transcribes, and scores calls so reps don’t need to take notes or update the CRM and managers can unlock opportunities for skill coaching. With conversation intelligence, managers can sort calls by score to focus on reps who may need additional guidance, and filter calls by themes to highlight specific skills like negotiation or objection handling.

Self coaching and peer coaching are also effective in getting a new perspective and collaborating as a team within conversation intelligence:

  • Self coaching: Enabling reps to evaluate their own call performance allows them to be proactive in their coaching process and come more prepared to one-on-one sessions.
  • Peer-to-peer coaching: Using tags and comments on call transcriptions allows reps to share best practices and work together to solve problems and handle common objections.

self coaching vs. peer-to-peer coaching

Personalize sales coaching with AI-powered insights

Sales coaching report card

Along with the insights gleaned from conversation intelligence, gather data from your training and enablement platform, as well as your CRM, to understand where reps are excelling and lagging—and determine the best path for coaching them. Every seller has their own strengths and weaknesses, so a one-size-fits-all approach won’t cut it. Artificial intelligence (AI) helps to automate data processing and give smart suggestions based on that data.

Use this information to focus on unique skills and behaviors individual reps are struggling with in one-on-one coaching sessions, and follow up with enablement content to reinforce what was learned.

Go beyond technology

It’s easy to lean heavily on technology to help sellers do their jobs. But the purpose of a sales readiness platform is to supplement—not replace—the authentic relationships managers build with reps. If you truly want to alter performance, you need reps to trust you and take your guidance seriously. You aren’t just a manager; you’re also a mentor.

Beyond data points, the only real way to know what your sellers need is to ask them. Ask them about their career goals and how you can help them achieve these. Together, you can create a plan of action using the methodologies above.

Measure success and refine sales coaching processes

Never assume your strategy is working because you are doing all the “right” things; coaching shouldn’t be a “set it and forget it” program. Periodically revisit the goals you have determined for your sales readiness program — these will change over time as your business evolves and new sellers come onboard. Collect feedback from reps to get their perspective and find ways to refine your program for the greatest impact.

And actually act upon analytics and the feedback you receive. Just like you use performance metrics to improve sales skills, use this information about your coaching approach to pivot and get the best results possible. Your sellers will feel more valued, be happier and more productive employees, and, ultimately, close more deals.

Be ready

Mindtickle’s Sales Readiness Platform takes your sales training, coaching, enablement, and analytics to the next level with automated solutions for sales leaders, sales ops, front-line managers, and more. Unlock powerful insights into rep and team performance and translate those insights into successful coaching across your team.

Get started today by requesting a demo.

Mindtickle Spring 2022 Announcement: Introducing Sales Coaching Rooms, Role-based Benchmarks, and More

Front-line sales managers are some of the most underutilized weapons in sales.

Why is that?

Managers have the ability to transform rep performance through sales coaching. The problem? Managers are busy. Really busy. And traditionally, the tools created for front-line managers are focused on updating CRMs and forecasting, creating more busy work.

Until now.

As part of our 2022 Spring Announcement, we are launching Sales Coaching Rooms, the only sales coaching product specifically created for the front-line manager.

We know seller transformation cannot occur through enablement and content alone. Reps are building knowledge through enablement and showing they know their stuff with training and practice. But, when it comes to executing, you need to make sure your reps are getting better deal after deal. Coaching is the only true way to change their behaviors in the field.

Now, front-line managers can focus on seller transformation by becoming better managers and mentors — and find themselves on a fast track to the CRO seat!

Introducing Mindtickle Sales Coaching Rooms

Mindtickle Sales Coaching Rooms are dedicated one-to-one spaces to have revenue-boosting discussions. Coaching Rooms provide:

  • A single location to move deals forward and build the long-term skills reps need to succeed in the field
  • Coaching within conversation intelligence (Call AI) to support learning in the context of real selling situations
  • Coaching integrated with enablement content to drive long-term skill development through practice and reinforcement
  • Self-coaching so reps can evaluate their own performance compared with manager feedback and better prepare for one-on-one sessions
  • Coaching outcomes factored into the Mindtickle Readiness Index, showing leadership a full-picture view of the readiness of their teams and individuals
  • Actionable insights for front-line managers into the lagging skills of individuals to facilitate the delivery of personalized coaching

In addition to Sales Coaching Rooms, Mindtickle is announcing features for better deal collaboration and detailed analytics to benchmark and track readiness.

Deal collaboration tools that meet sellers in the flow of work

Mindtickle Slack integration

Deals and open opportunities are constantly evolving and sellers need to be able to work quickly to prepare for meetings, provide relevant content, and collaborate with teammates to make sure nothing stalls or falls through the cracks. To help sellers better collaborate on deals, we are announcing:

  • Email and Slack notifications in Call AI for meeting preparation, action items, and recording metrics
  • Asset sharing, tracking, and analytics for content engagement insights

Detailed analytics for deeper readiness insights

Mindtickle Readiness Index

Your sellers are not the only ones interacting with prospects and customers. You have specialized teams, like business development representatives, account executives, solutions consultants, customer service managers, and more! Each of these roles requires a different set of skills to succeed. That’s why, as part of our Spring Announcement we’re releasing benchmarking and tracking with:

  • Role-based ideal rep profiles to define and track the key skills that lead to success for different sales positions
  • Role-based winning behavior in Call AI to benchmark call metrics by customer-facing teams
  • Readiness Index insights for managers to track the progress of their team

These features help your teams be ready and achieve continued sales success. To learn more about the newly announced Sales Coaching Rooms, deal collaboration tools, and readiness analytics, save your seat for our LIVE demo webinar on March 30.

4 Reasons Why Sales Coaching Fails (and What to Do Instead)

Sales coaching is key for revenue organizations to continue to hit quota quarter after quarter but, unfortunately, teams continue to consistently miss their numbers. It’s true that there is no magic one-size-fits-all coaching approach that works for every team. But there are commonalities in why some sales coaching programs fail.

Learn what pitfalls to avoid when evaluating your existing sales coaching approach or when starting a more formal process for the first time.

Focusing on quantity of sales coaching sessions

Often we see statistics about the amount of time spent coaching by sales managers per month or week.

  • Sales reps with 30 minutes or fewer of sales coaching per week receive win rates of 43%, and those who receive at least two hours of coaching per week have a win rate of 56%.
  •  23% of sales managers spend less than 30 minutes individually coaching their direct reports each week.
  • A good rule of thumb is to spend 25-40% of your time coaching your sales team.

While these metrics help set a baseline of coaching frequency for managers, they can put too much emphasis on recurring sessions and too little emphasis on what will actually be covered in the sessions to help level up your reps.

Instead, focus on the quality of your sales coaching sessions

A little prep work can go a long way, and your preparation does not have to be exhaustive. After all, as a sales manager, you’re also juggling your own quota attainment, forecasting, and the ever-looming end of quarter. Setting agendas for coaching sessions, outlining action items, and reviewing your reps’ past achievements can help keep your sessions helpful and productive.

If you start to notice that some reps are not showing progress or improvements, it may mean you need to dedicate more time to coaching these individuals.

Alternatively, sessions with your best performers may be needed less frequently. If you find your one-on-ones with these people are repetitive and it’s a struggle to find topics to cover, try reducing the number of times you meet.

Sales coaching that is only top-down

Most of us have experienced a less-than-ideal manager at some point in our careers. Sometimes in sales, the highest performing reps become managers—but that doesn’t always mean they have the formal training on how to manage and coach reps. With a large revenue organization, it can be hard to track the effectiveness of your coaches. When your sales coaching process doesn’t incorporate the feedback of reps, you could be missing the true root of performance issues.

Instead, implement a coaching feedback system

There are two key components of a coaching feedback system. The first is giving reps the ability to easily provide feedback. If you’re using a sales coaching tool, this is a critical feature that makes it easy for reps to have their voices heard. In Mindtickle sales coaching, reps can approve or disapprove coaching sessions.

In addition to providing a feedback method, make sure you are tracking this feedback. If you start to notice patterns such as negative feedback from sessions for the same manager, this manager may need more training on how to coach their team. This is a good opportunity to “coach the coach.”

Sales coaching timeline

Only deal coaching your reps

Deal coaching will always be a critical part of sales coaching. Reps need to know how to move forward deals that they have right in front of them. It becomes easy to focus only on these deals during coaching sessions.

Instead, spend the majority of your time on skill coaching

A proactive approach to bettering your sales team, skill coaching works to improve upon the individual skills that reps are lagging behind in. Skill coaching ensures your sessions are relevant and reinforce long-term development to improve rep performance over time.  (Here’s more on deal vs. skill coaching.)

Blanket skill coaching

All of your reps possess different skill sets. They excel in different areas, have been at the company for different times, and consume training and enablement in different ways. While it saves time to focus on one skill for coaching each week or month, in the long run, this will not benefit your reps and improve their performance.

Instead, focus on the individual skills each rep needs to improve upon

Skill coaching is most effective when it is individualized. Take the time to assess the skills of your reps. View enablement and training performance, review recorded calls, and ask your reps what areas they can improve upon. A sales readiness platform can help aggregate this data and track the readiness of your reps over time.

After skill gaps are identified, work with your reps to coach them on these skills. Then, reinforce your coaching efforts with training and enablement content.

Sales coaching report card

Coach your reps to success with Mindtickle

The Mindtickle Sales Readiness Platform gives you the tools and data you need to coach your reps to continued sales success. Integrating enablement and training, call recording, coaching, and content all in one platform enables revenue organizations to make data-driven decisions that win more deals. Want to learn more about how to become a sales mentor? Save your seat for our LIVE product announcement on March 22.

​​Creating a Culture of Continuous Coaching in Sales with Bob Apollo

Mindtickle is on the airwaves! We recently launched a new podcast called Ready, Set, Sell, where we’ll regularly sit down with industry thought leaders to provide listeners with smart insights, tangible advice, and actionable tips they can apply to the work they do in their own roles. It’s co-hosted by Hannah Ajikawo, Practice Lead at Skaled Consulting, and Tony Germinario, Director of Sales at Mindtickle, and in our first episode, they sat down with Bob Apollo, Founder and Chief Outcomes Officer of Inflexion-Point Strategy Partners.

In case you missed it, not to worry. We’ve got a recap of the podcast below, covering major themes such as:

  • Tips, tricks, and selling secrets for outcome-centric selling
  • Creating unique selling propositions
  • How to build trust, and why it matters
  • Becoming a future-focused seller
  • What sales leaders should prioritize
  • Rapid-fire questions

Who is Bob: Apollo?

Bob Apollo

Tony: Can you tell us a little bit about your background?

Bob: I’m working with a bunch of very interesting scale-up and entrepreneurial units of larger organizations, helping them put a new slant on their business-to-business selling, with particular emphasis on the complex sales process. I’ve been involved in B2B sales of technology-related products and services. And that career has spanned start-ups, scale-ups, and corporates. My sweet spot is really in scaling up start-ups and turning them into a sort of reliable growing revenue generation machine.

Tony: So what really drew you to the world of sales initially?

Bob: One of the things about selling is, unlike many other careers, you have a very, very clear measure of whether you’ve succeeded or failed. So that’s part of it and certainly, in the world of complex selling, it’s a world of interaction with people. The challenge and the joy of interacting with prospective and existing customers is a big part of the motivation.

Let’s talk about the future of sales.

Sales futurist really positions the commentary as not looking backward, but anticipating where the world of selling is going and helping salespeople who have a desire to improve themselves and learn new ways of thinking.

Hannah: You’ve got a wealth of experience and I love the fact that you’ve noticed your sweet spot really being in that start-up/scale-up space. If you think about the big picture, what is the impact you want to make on the sales community overall?

Bob: I think it’s very simple. It’s to help others achieve their potential. Whether it’s at an individual level or at an organizational level.

Hannah: I love that. There are so many individuals now that have named themselves sales experts, but you really are based on your experience. I’m quite keen to transition into the term sales futurist and what that actually means to you. And more specifically, Bob: why should more salespeople adopt this type of approach?

Bob: Top Sales World created the label sales futurist really to position the commentary as not looking backward but anticipating where the world of selling is going and helping salespeople who have a desire to improve themselves and learn new ways of thinking. So I’m not talking about, you know, the world of selling is going to be immediately overrun by artificial intelligence. I’m still thinking about the role of well-informed, skillful individuals helping to shape sales as a positive profession.

Tony: I think sales futurist has meant more than ever over the last two years, no one could have ever anticipated what we’ve been through and what salespeople, in general, have had to deal with going through the pandemic. So from what you’ve seen, how has the customer experience really evolved over the last six months or so? What are some of the factors that might be making it more complex than what has been in the past?

Bob: The pandemic has accelerated things that were probably in play already. We already observed more stakeholders and decision-makers being involved in complex buying journeys. We observed a desire to consume information in the most practical and effective form, not just relying on the salesperson, not just relying on the internet, but wanting to be able to make sense of the overwhelming amount of information that’s out there. And in fact, I think it’s interesting to note that one of Gartner’s main themes about the evolving world of selling is this concept of the salesperson, the sense maker, to help the customer make sense of the world that they’re in to try and strip out some of the complexity. And I think if I observe one thing, it’s really shown who within the sales community is really adaptable and has a personal desire for continuous development.

Tony: I think you’re absolutely right about the evolving world of selling. It really has evolved from product to solution, and now it seems like there’s a lot more around outcome-centric selling. At least the people that are really getting ahead of the game at this point. So why do you think that shift is really imperative for modern sales organizations?

Bob: I think that shift is really important because if the customer is making a significant buying decision, they’re doing it because they want to achieve a better business outcome rather than because they want to buy your solution. Your solution is just a tool to enable them to achieve a better outcome.

So we need to really think as salespeople about a buying journey that only ends when the customer’s outcomes have been achieved, rather than a sale that appears to be complete when an order is taken.

Hannah: I love what Bob said about your strongest competitor being the status quo.

Tony: I think it’s human nature to stick to what’s comfortable. People tend to believe it’s easier to deal with challenges you’re already familiar with rather than launch headfirst into something new.

Hannah: I completely agree. It’s the role of the salesperson to build confidence in the customer and help them to see the value in making a change. This will ultimately require proving to the customer that they can trust you to add value to their day-to-day life.

Tips, tricks, and selling secrets for outcome-centric selling

Tony: Like any other personal or professional relationship, success really comes down to building a strong foundation of trust. Given his expertise and lengthy experience, I think Bob: really has an intimate awareness of this concept.

Hannah: I loved that point about the experience not ending when your sales process ends and more about being really focused on the customer’s received outcome. What would you say are some of the main principles of that approach of an outcome-centric selling approach?

 What happens if the customer doesn’t know what outcome they’re trying to achieve?

Bob: You have to work backward from what the customer is trying to achieve. I actually did a broadcast last week where the question was asked, “What happens if the customer doesn’t know what outcome they’re trying to achieve”? If a prospective customer cannot articulate the business outcome they are trying to accomplish, they’re much less likely to get the project approved. I think there’s a sort of correlation that says more junior buyers tend to think in terms of features and functions and it’s the more senior executives, the ones that have to actually sign off any significant purchase who think in terms of this is an investment in achieving an outcome. So if you can’t have a conversation about outcomes, I think it’s sometimes an indication you’re actually not very well placed in the decision-making process because if this is a significant purchase, then your apparent champion is going to have to defend and justify that purchase internally to the approval group. So it’s not really if you can your solution approved, it’s to do with getting the project approved. If you’re the salesperson that has an outcome-oriented conversation and everybody else is talking about features, functions, and so-called solutions, you’re in a lot better place.

Hannah: You gave an example of a salesperson possibly not being high enough in a decision-making tree, right? So you’ve got a prospective buyer and they’re saying, “I need a customer data platform.” The junior salesperson starts to go through the process and then things start to go quiet. What kind of things can salespeople do, particularly in this day and age, to help move higher in that food chain when it comes to decision making so they can start to piece together what a real outcome is, a tangible outcome for a business?

Bob: Somebody very smart long ago told me that you end up talking to the person you sound like. So if your sales conversation is about features and functions and so on, you’re going to end up talking to somebody who’s interested in features and functions. And if you do turn out to accidentally be talking to somebody senior and you have a dialogue with them around features and functions, that dialogue is not going to last long, right? You’re going to get delegated down or thrown out.

What any salesperson can do is understand the business issues that companies come to your organization wanting to solve. Understand the outcomes that you were able to help other similar organizations achieve so that you can become more confident in having a value story with the customer.

Hannah: I completely agree with you. When speaking and working with salespeople I’m always surprised at the lack of interaction that they have with the customer success team. There’s never been an introduction, there’s never been a meeting just to find out what are those value stories. So to make your job much easier, I really love that piece of advice.

Bob: I think any organization delivering solutions as a service has realized the critical importance of customer success teams. But I’d say even then, there’s a wide range of perspectives about the role of customer success. It’s about making sure that you fix any issues that the customer’s having, that you respond quickly and you make sure their uptime is high and their usage is high. However, I think the best customer success teams also in addition to operational excellence, seek to understand and reinforce the value that the organization is achieving through the use of your solutions. The first time you have that value conversation is when you’re asking them to renew and it’s way harder than if you’ve been having a dialogue about business value delivered throughout the relationship.

Creating unique selling propositions

Tony: I feel that should be part of the entire process, it starts from the salesperson because they need to establish that upfront, and then the customer success team just really follow through with that. So you’re absolutely right. Just to pivot slightly, I read something that you had posted recently, I’ve been doing sales longer than I care to admit, and I’ve run into many salespeople over the years that tend to use that same process, no matter what type of organization or type of company that they’re working with. You recently wrote a blog about unique selling propositions and how they can be enough maybe to close a sale in a B2C type business, but it’s is not really the same for a B2B business. Why do you see that? And what more can B2B businesses be doing to close the sale? Or what can you be doing in those sorts of scenarios?

Bob: I think the classic unique value proposition or however you label it can work in relatively simple, straightforward sales where there’s little variation in the buying environment from one customer to another. But if you’re trying to sell change to an organization, that story has to be tailored to the reason why that organization needs to change.

  • Why should they change rather than carry on their current path?
  • Why should they choose you rather than any of the other options?
  • Why should they act now rather than later?
  • Who is going to benefit from implementing your approach and how?

Those things can’t be cookie cutter. You have to tailor them to the conversations you’ve been having with the customer, this will help you discover the unique answers to those four questions. It’s as much about justifying change as it is justifying your particular approach to that change. But if you are the salesperson that most influences that value journey, that specific buying justification, you have put yourself in a far better place than salespeople who only think about why the customer should buy their solution.

How to build trust, and why it matters

Tony: And I think one of the ways that you really help justify is by establishing that level of trust with the client. So what would you say about the role of trust in the sales process? And do you think it’s more crucial today in the environment that we’re in than it’s ever been before?

Bob: I think that trust operates at a number of levels. It’s trust in the individuals I’m interacting with because they represent the likely interactions I’m going to have with their colleagues. It’s trust in the solution that is going to deliver, the results of the outcomes that I’m expecting. It’s trust in the organization I’m about to do business with, in their viability, and in their approach to partnering with customers. So trust isn’t just at one level. I think it’s established. Another part of Gartner’s recent research suggested that one of the reasons that prevented business buying decisions was a lack of decision confidence.

And again, I think that decision confidence is intimately connected with trust. Do I trust the salesperson? Do I trust the solution being proposed will work as it’s defined? Do I trust the company I’m about to do business with? Do I trust the collective experiences of all of the other customers this organization has dealt with can be applied to my benefit so that I can be confident that I’m making the right decision?

Because I think the default is where decision confidence isn’t established that the customer decides to stick with the status quo. And in many ways in a complex discretionary purchase, your strongest competitor is almost always the status quo.

Becoming a future-focused seller

Hannah: What kind of things should salespeople be thinking about to become more future-focused? What sort of skills should they should be trying to improve and work on?

Bob: It starts with a mindset, some of the advice I give to the clients is if they’re recruiting, they need to recruit people who come into their organization with the mindset that says, “I need to be in a mode of continuous learning.” So a lot of that curiosity and humility. What’s going through their minds? How could I, as a sales professional, help them make the case to achieve what they’re looking for?

Hannah: I love that, just the two words “curiosity” and “humility.” You don’t often hear people refer to humility where it’s OK not to know everything. In fact, that’s great because it forces you to go out and develop some ideas about what you actually need to find out. I feel like the last two years have almost forced salespeople to switch their mindsets because everybody didn’t know what to do. There were definitely a few months where everybody was just improvising. Just do what you can, think outside of the box, and try to make things work in a scenario of extreme uncertainty. So a lot of people have been doing things that they haven’t had to do before because they didn’t have the support of their company. Do you think that these last two years have really helped to start to shift the mindset of salespeople who may have been relying on “my company will get me there?”

Bob: I think it’s been almost Darwinian – survival of the fittest or the survival of the most adaptable. I think the last two years have actually permanently damaged the careers of salespeople who had gotten away with not having to be creative, curious, or humble.

One thing that distinguishes really effective sales organizations is the ones that can gather up the learnings that the smartest salespeople have accumulated and recycle that learning in a way that’s applicable to the other members of the sales organization. That way you have an internal of understanding what works and reinforcing it.

Hannah: That moves perfectly into something we try to live and breathe at Skaled. We have this philosophy, when we work with organizations, don’t be a professional visitor. So you don’t just turn up, say lots of fancy things, and leave. You really have to create change. You have to help them to move the needle. Just on your experience of working with smaller companies and large global organizations, what have you noticed about the way in which smaller companies tend to approach sales in comparison to the larger ones?

Bob: That’s a really interesting question because I have seen larger organizations, particularly the entrepreneurial divisions of larger organizations, be effective in this regard. But I do think many of the scale-ups need to work out where growth is going to come from, what you need to do to adapt, et cetera.

It comes down to a management philosophy of not just thinking about the quantity of action that their salespeople are undertaking, but the quality of the action. Instead of saying, “You have to make 100 calls a day,” instead say, “You need to be able to advance X number of opportunities in a meaningful way. Now, with the help of your manager and your colleagues, let’s work together to see how we cannot maximize the inputs or the activities but maximize the output.”

Tony: I think we’ve seen a lot of that, especially over the last two years here, where management is trying to set a certain path and it’s trickling down through the sales organization. As much as people have tried to pivot, there is still seem to be, in some cases, these underlying themes that are still out there or that are a little bit older school. In that regard, are there any common myths or misconceptions that we need to get beyond? What would you say those things are?

Bob: There’s one, in particular, I’ve hammered on. It’s the statement, that the average buyer is 57 percent of the way through the buying process before they want or need to talk to a salesperson. As an average and without any context, it might have been accurate, but the truth of the matter is if I’m a buyer who knows what they want to buy, why would I want to talk to a salesperson? They might find it far more convenient to have an entirely web-based buying experience. But if I’m an inexperienced buyer, this is the first time I’ve tried to solve this sort of problem.

I think there are profound reasons why if the salesperson is positioned as somebody who can educate rather than pitch, they’d want to learn from that. If you think about desirable and undesirable behaviors, I want to persuade them to engage me way before 57 percent of their buying journey. I want them to think that if they do choose to speak to me, they’ll learn something of value and that they’ll emerge from the conversation feeling smarter.

Tony: And that’s where that trust level comes in as well, right? Because if someone can be educated in a conversation, that’s where your trust really is built upon – you’re getting that foundation.

Bob: If the potential buyer emerges from that interaction thinking that was time well spent, they learned something valuable rather than they couldn’t wait to get off the call.

What sales leaders should prioritize

Hannah: I think everybody can relate to that. And that’s an important part of what you’re talking about when you’re saying, how can salespeople be educators rather than just trying to sell their solution. So this is really an important part of your whole discussion around salespeople being educators rather than trying to force their solutions onto these poor buyers. What other things would you say that sales leaders should be prioritizing to make sure that their sales team is actually ready when they’re in front of prospective buyers?

Bob: The very short answer to that is to equip salespeople to think like a customer, to understand what’s going through the customer’s mind more broadly. I think it’s sort of developing a commercial empathy and an ability to talk in those commercially empathetic terms with buyers. You know, a significant part of their training needs to be not teaching the salespeople the features and functions of the latest release of the latest product but to identify the business issues this particular offering was designed to address and how to have a dialogue with a potential customer around those issues. So what would happen if you didn’t do anything about this? That question is always struck me as being one of the most important things.

Hannah: And you’ll also find some customers who will say something like, “hmm, haven’t really thought about that yet.” How do you position the follow-up?

Bob: You need to recognize that this is a substantial decision requiring a significant investment of money, time, etc. It’s almost always going to be competing against other projects that the customer might also be thinking about committing to at the time.

Sales podcast rapid fire quesitons

Tony: What is your sales philosophy in just three words?

Bob: Always create value.

Tony: What is the best piece of advice you’ve been given in your career?

Bob: Take responsibility.

Hannah: What’s your top productivity hack?

Bob: Focus. Prioritize. Execute.

Hannah: Looking into 2022, what’s your top prediction for the sales industry this year?

Bob: That smart sales organizations will continue to drive towards thinking about outcomes rather than so-called solutions.

Tony: What’s one thing or perhaps one person that you believe has really been revolutionizing the sales industry?

Bob: I don’t think it’s any one person. There are a bunch of people that I’m inspired by, and I hope to continue to be inspired by. The thing that’s revolutionizing complex B2B sales is this emergence of hybrid selling because of the mixture of face-to-face and virtual, the use of automated information sources, and blending them all together.

Hannah: If you could share just one piece of advice to all salespeople, something that they could do on their next call or in their next meeting, what would that be?

Bob: Don’t make excuses. Hold yourself accountable for your actions. Say things that the customer needs to hear rather than what you think they’d like to hear.

What we learned

We learned the importance of building a strong foundation of trust with customers by considering the entire customer journey and final business outcomes. This is what outcome-centric selling is really all about: creating a culture of continuous learning within sales organizations – curiosity, humility and self-awareness will take you far in the sales industry. At the end of the day, sales is mostly having a willingness to stay open and adaptable to change. We hope you took away some valuable lessons and insights that inspire you to reevaluate your approach to sales readiness. Don’t forget to subscribe, rate, and review the show when you get a minute, and stay tuned for the next episode of Ready Set Sell.

Learn more and subscribe to Ready, Set, Sell here.

How Conversation Intelligence Puts Sales Coaching Into Overdrive

It might not come as a surprise that 57% of sales reps are expected to miss their quotas in 2021. Sellers often can’t explain why deals don’t work out, leaving your sales managers in the dark. Knowing a seller lost a deal isn’t enough to prevent it from happening again. Your sales managers need the ability to identify why deals are lost and how they can train and coach reps to win today’s deal — and every deal in the future.

Conversation intelligence solutions offer invaluable support to sales managers. These solutions record, transcribe and score customer calls, serving them back to sales managers to use as fuel for more effective coaching conversations. Managers gain insights into the seller’s performance, pinpoint areas of concern and develop targeted coaching techniques to improve outcomes. These solutions take the guesswork out of why deals were lost, giving visibility into every touchpoint of the sales cycle –  from the pre-qualification call all the way to closing the sale.

In this blog post, we’ll walk through the sales cycle and offer up some AI-driven coaching opportunities each step of the way.

Pre-qualification call

The seller’s goal at this stage is to determine if the account should advance to the next step in the sales cycle or be sent back to marketing for further nurturing. Conversation intelligence gives managers insights into a seller’s missteps, potential skill gaps and the customer’s experience during the call. Opportunities for coaching could include:

  • Showing examples of performers in action and facilitating peer reviews: Did the rep nail the call or launch into an extended sales pitch? Maybe they focused too much on the solution vs. listening to the buyer. Have your seller learn from the best by reviewing a recording of a model pitch. Discuss how the model differed from the rep’s pitch then have the rep practice their pitch and submit a recording for a manager or peer review. You can then use AI insights to analyze the recording and identify areas for improvement.
  • Sharing a relevant learning module and AI-based insights: Was the rep able to gather the critical details they needed to pre-qualify the account, e.g., the customer’s challenges and goals, their current solution, their willingness to spend, the influencers and decision-makers in the buying cycle, etc.? To strengthen the rep’s ability to uncover this important information, share AI-based insights from the call around specific themes and topics, and then discuss how to listen and respond to these verbal cues. You can share a short learning module with them on how to pre-qualify a lead and then ask the rep to get certified on this training before the next pre-qualification call.
  • Assigning a learning course and using role-play to measure improvement: During the call, did the seller engage in active listening, letting the buyer describe their situation? Or did they talk too much and interrupt the customer?  Show your rep an analysis of the call, focusing on the ratio of time spent talking by the rep versus the buyer. Then share an active listening course, including the appropriate ratio of listening to talking at this stage, and how to paraphrase what was heard in the conversation and ask for confirmation. After the course is completed, have the rep role-play to demonstrate proficiency in active listening.

Call insights showcasing call scoring

Discovery call

During this stage of the sales cycle, sellers are focused on reviewing buyers’ needs and criteria for selection, getting a clear view into the buying process and the other decision-makers involved. Managers can use conversation intelligence to review the seller’s performance during the call and inform coaching strategies that can improve their ability to uncover critical details. Opportunities for coaching could include:

  • Assigning micro-learning modules: Did the seller identify the other solutions the prospect is evaluating? Did they find out what stage of the sales cycle they’ve reached with each vendor? Were they able to discover how the buyer perceives the competition (pros and cons)? Point the rep to micro-learning training modules on competitors’ solutions so they can learn how to probe for the buyer’s perception of competitors and set traps as the sales cycle progresses.
  • Sharing tips from training experts: Did the seller miss the chance to explore opportunities to upsell and cross-sell? Direct the rep to a video with tips on upselling from sales training experts. Share snippets of conversations between other sellers and customers to give the rep examples of how to apply those skills in real-world scenarios.
  • Leveraging AI insights to pinpoint concerns and practicing critical skills to close gaps: Was the rep able to uncover more insight into the other decision-makers? Could they identify those stakeholders’ top concerns and pain points? Use intelligence features such as search, keyword identification and timeline analysis to ensure the rep asked the right questions. Have the rep practice how to ask buyers required questions and how to probe for answers.

AI insights to identify and remediate

Evaluation call

The seller’s goals during this stage are to provide all of the information necessary for the buyer/buying committee to make a purchase decision and collect all information needed to put together a proposal to be discussed on the next call. Using conversation intelligence, managers can pinpoint ways to strengthen the rep’s role as a trusted advisor and reduce negotiation friction later in the sales cycle. Opportunities for coaching could include:

  • Reviewing top-performing demos and using role-play: Presenting a demo is a critical moment in the sale cycle. It’s proof of everything the seller has already discussed with the buyer and most importantly, the solution’s value relative to the buyer’s challenges. To help your rep prepare and go into this meeting with confidence, have them engage in a role-play to ensure the demo is engaging and relevant. Expose them to real-world scenarios and successes by reviewing recordings of top-performing demos and pointing out the key areas of excellence.
  • Analyzing the call for insights into the buyer’s experience and providing feedback: The buyer needs to leave this meeting fully understanding the product and how it will address their unique challenges. Use conversation intelligence to determine the buyer’s sentiment and open questions to make sure there’s no confusion or frustration during the demo. Discuss how the rep could have improved their understanding of the product and how it aligns with the buyer’s needs.
  • Quizzing the rep to keep knowledge fresh: Was the rep able to show how the solution is a better fit and better value compared to the other technologies being evaluated? Or did they miss the mark by using outdated messaging and positioning? Quiz your reps periodically on competitive positioning and features so their knowledge about the competition is reinforced and up to date. If needed, have them review existing competitive intelligence assets.

Improve go to market strategy by analyzing call recording

Negotiation call

The seller’s goal is to close the deal and ensure all necessary elements are in place to put together a contract that will be signed by the buyer. Conversation intelligence enables sales leaders to review rep performance and provide laser-focused feedback on how they can sharpen critical negotiation skills. Opportunities for coaching could include:

  • Scheduling a one-on-one to review past calls and prepare for potential objections: It’s imperative the seller presents options (i.e., length of contract, terms) and product/service bundles that are relevant to the buyer’s needs. It’s also important that they avoid resorting to discounting. Set up a one-on-one the day before the next negotiation call to review the details of the deal, prospective discounts and potential objections and to work with the rep on any areas of concern. Review how the call went, identify areas of concern and provide feedback and guidance.
  • Using role-play to build confidence and trust: When a buyer is about to make a big investment, they need reassurance that they are making the right decision and that the company is dedicated to partnering with them on their long-term success. To ensure the rep comes across as confident and maintains a partnership approach to the conversation, have them role-play situations where the buyer makes various demands and/or takes an adversarial stance.
  • Showing examples of what a successful negotiation looks like: Your seller needs to make sure all parties are on the same page before concluding the call. Did the rep provide a summary of what was agreed to, define clear next steps and answer all questions? Coach the rep on best practices for summarizing at the end of a negotiation call and following up. You can do this by showing them what a successfully closed deal looks like using snippets of call recordings, prescribing role-plays so they can practice different techniques and finally identifying and fine-tuning areas of concern using AI-driven insights.

Call recordings and feedback

Purchase call

The seller’s objective at this stage is to review the contract with the buyer and discuss any pending issues – clearing the path for the buyer to sign a contract and start the onboarding process. Conversation intelligence enables sales managers to analyze the seller’s ability to guide the conversation, demonstrate confidence and identify coaching techniques to improve these skills. Opportunities for coaching could include:

  • Measuring the rep’s performance and the customer’s experience: What was the rep’s approach to asking the buyer about the status of the purchase? Were they actively listening to the customer’s concerns and questions, and understanding any obstacles to signing the contract? Analyze insights to measure the rep’s listen-to-talk ratio and customer sentiment. Then review the recorded call with the rep to ensure the buyer did most of the talking and left the call satisfied.
  • Testing the seller’s knowledge: The buyer will expect to leave the call with important details and actionable information like the onboarding and training processes, customer support terms, pricing, implementation start date, and more. To prepare your seller, assign a quiz measuring knowledge of all contract-related terms and processes. Assign a targeted learning module based on any knowledge gaps, and then assign the quiz again to measure improvement.
  • Comparing the rep’s performance to best practices: How well did the rep manage the call? Did they check all the boxes by summarizing the discussion, committing to making changes in the contract as agreed to during the call, and setting expectations for when the buyer would have it signed? Analyze the rep’s performance for highs and lows, and discuss findings and feedback. Finally, show the rep a recorded call of a successful close and follow-up to reinforce your discussion.

Comparing reps performance to best practices

Call AI, Mindtickle’s conversation intelligence solution built into our comprehensive readiness platform, uniquely helps you identify and fix the real-world behaviors that stop your salespeople from closing every deal. Critical coaching moments happen at every stage that can drastically impact deal outcomes. Conversation intelligence, when paired with a readiness approach, gives you the ability to steer reps toward closing their current deals at every step in the process, and then arm them with the skills they need to close future deals with greater success.

To learn more about how sales managers can use conversation intelligence to optimize coaching techniques and improve business outcomes, book a demo.

Partnering with The Ken Blanchard Companies to Help Leaders Thrive in the Digital-First, Remote-Ready Age

Enterprises today see the need to make a critical, immediate recalibration to the way they run and manage sales. What started as an immediate response to the pandemic – digital selling has now become the new normal; demanding changes in management and leadership skills to keep sales organizations upskilled, engaged, always on message, and capable of selling digitally as a team. To meet these needs, Mindtickle and our strategic partner The Ken Blanchard Companies have come together to enable businesses for a digital-ready generation of corporate and sales leadership in today’s uncertain, nearly all remote environment.

For more than 40 years, The Ken Blanchard Companies has provided management and leadership training programs backed by practical research, thought leadership, and scientific learning methodologies to develop results-oriented, proactive leaders that can confidently address business challenges. Its Situational Leadership® II (SLII®) program is a proven model that has been used to strengthen the leadership skills for more than 5 million managers in organizations around the world. It uses a proprietary method to teach managers how to become what they call “situational leaders” — ones who’re able to understand the evolving needs of the people they manage and adapt their leadership style to meet those needs.

To meet the needs of increasingly distributed teams, sales leaders must lean more heavily than ever on virtual upskilling programs including “blended learning” to maximize business performance. To this end, the partnership announced by The Ken Blanchard Companies and Mindtickle is a critical new program for global organizations as it brings the proven SLII® leadership development to leaders everywhere with a digital experience — adding the “virtual” element to the mix so that instruction and participation can be experienced both online and in the classroom.

By combining SLII® with Mindtickle, we are delivering personalized, prescriptive and guided content to managers when they need it, so they can continue learning in a virtual “classroom” (likely their home office for now). And, with an eye to the future, The Ken Blanchard Companies and Mindtickle are collaborating on expanding access to coaching, gamification, and role play.

Even though our partnership with The Ken Blanchard Companies came together before the pandemic changed the way we do business, the principles driving our joint efforts couldn’t be more timely. Together, Mindtickle and The Ken Blanchard Companies are addressing the challenge of enabling and applying leadership learning in the flow of remote work, because engaging users and building value-added relationships between sales leaders and those they manage will be important no matter what trials and tribulations the world faces.

Mindtickle and MEDDIC Academy Partner to Raise Your Sales Team’s Qualified-Leads Game

Every quarter, sales teams work tirelessly in pursuit of leads that might not ever turn into a sale anyway because they were unwinnable to begin with –the epitome of wasted time. Why not just eliminate unqualified leads and focus on pursuing only the qualified leads? (Sales is likely collectively chuckling at that question right now. If only it were that easy, they might ruefully say.)

But what if it was that easy? What if there was a methodology that significantly boosted the quota-carrying professional’s ability to disqualify opportunities unlikely to close and instead focus their energy on opportunities that would help them exceed their goals? And, what if sales people could be trained on that methodology, develop the requisite skills, and be coached on it through the Mindtickle platform?

Lucky for our global enterprise customers, our new go-to-market partnership with MEDDIC Academy makes this all a reality. With this partnership, MEDDIC Academy makes available its sales qualification methodology (“MEDDIC”) content on the Mindtickle platform in the form of self-paced e-learning, bite-sized microlearning content, virtual and in-person instructor-led training, and blended learning.

Created 20 years ago, MEDDIC itself emphasizes customer qualification specifically. It is often used as a complement to existing sales methodologies such as target account selling, which focus on enabling predictability and turning uncertainty into success across the sales cycle.

Specifically, through our partnership with MEDDIC Academy, customers will be able to:

  • Improve seller productivity and effectiveness with MEDDIC, and benchmark their success through assessments and checklists in Mindtickle
  • Standardize on a common language and sales methodology for teams to better qualify opportunities. (This will be achieved through the MEDDIC approach as well as by practicing knowledge learned on Mindtickle.)
  • Validate high performance provided by the MEDDIC methodology and leverage the Mindtickle Sales Capability Index™ (SCI) to measure seller effectiveness
  • Provide a way for recruiters and hiring managers to find high-performing candidates who are MEDDIC-certified, and then use Mindtickle to replicate their success across the entire sales team

MEDDIC has been used by many well-known software and SaaS vendors like SAP, Oracle, Salesforce.com and EMC for years, and is regarded as one of the most effective around. When applied to each stage of the customer engagement process, MEDDIC culls the qualified leads from the unqualified, ensuring only the right leads make it into the sales funnel. It truly shifts the urgency onto the buyer, positioning the product or solution as something the buyer needs to have and it’s now up to them to decide whether or not to move forward. It covers six elements, which can be defined as follows:

M = Metrics: Quantifiable measurements and proof of the business benefits of the solution

E = Economic Buyer: The individual within the customer’s organization who is required for the final approval

D = Decision Criteria: The formal solution requirements against which each participant in the decision process will evaluate

D = Decision Process: The process by which the customer will evaluate, select and purchase a solution

I = Identified Pain: The catalyst for the buyer solving the problem within a set time frame

C = Champion: The person with power and influence inside the customer’s organization who is actively selling on your behalf

The MEDDIC-Mindtickle partnership is a natural fit for any company that wants to help their sales team focus on opportunities they’re more likely to close. And really, what company doesn’t? If you’d like to read more about MEDDIC, take a look at Darius Lahoutifard’s new book, Always Be Qualifying, available now on Amazon.

For more on MindTicke’s partnership with the MEDDIC Academy, listen to the podcast with Darius Lahoutifard here!