In B2B sales, connection development is one of the most crucial contributing aspects to corporate success. By establishing, building, and keeping solid relationships with B2B customers, sales reps open themselves up to an entire universe of prospects, including a constant string of recommendations, an enlarged business network, and long-term contacts with industry leaders.
But although B2B buyers do value reps’ ability to create tight-knit connections with them throughout the sales journey, there is one thing customers will always prioritize over business networking, lavish meals, or a game of golf. And that’s value
Customers today would rather make their own purchasing decisions based on their own research and without any input from the seller:
Unexpectedly, meetings with prospective suppliers only account for 17% of the total time spent on the B2B purchase process.
Connecting with and engaging prospects and customers at every stage of the customer journey is a central goal of customer-centric selling. When you adopt customer-centric selling, your sales and marketing staff think as your customers and prospects do at every stage of the sales process. In customer-centric selling, the sole emphasis is placed on the customers and their unique set of problems, objectives, and questions. To do this, it is necessary for your sales and marketing teams to first get insight into the mental processes of both present and potential customers.
B2B businesses that embrace personalized eCommerce also benefit from:
In the past, sales pitches focused mostly on a product’s features, capabilities, and associated bells and whistles, even if the buyer didn’t care about such specifics.
In contrast, the focus of customer-centric selling is on the buyer. Here, salespeople argue from the customer’s point of view. They could ponder:
After highlighting a product or solution’s potential return on investment (ROI), salespeople should emphasize the ways in which customers might mitigate risk. Agents should emphasize the safety features of a product if using the product prevents certain risks. Furthermore, salespeople might adopt risk-averse strategies for customers who are hesitant to commit long-term.
I don’t understand how they can pull that off. Simple: Just take baby steps.
Customers should be given the freedom to proceed at their own speed. Before committing to a longer, more expensive contract, they may wish to try out the product on a shorter trial basis first. Upselling chances should arise after an initial interaction in which the two parties agree on a route toward risk mitigation and demonstrate value.
The capacity to modify the sales process in response to the evolving needs of one’s ideal customers is another crucial component of customer-centric selling. This means that the sales process, as well as the means of attracting, retaining, and converting different types of customers, will vary depending on the specific customer group in question. Customers have learned to anticipate and appreciate this individualized service. Moreover, 71% of customers, according to McKinsey Research, want businesses to provide individualized interactions all through the sales process.
Although “customer-centric” is how the business world typically refers to this method of closing sales, a more accurate term would be “customer counseling.” That’s because a successful sales relationship requires mutual respect, open communication, and mutual appreciation between the sales team and the customer.
Sales representatives must be available as trusted resources for target audiences, prospects, and future customers alike, according to 84% of B2B CEOs. Reps in the field of sales agreed.
Changing from a product-centric to a customer-centric sales strategy allows you to have a far greater effect on the success of your customer’s businesses, as well as the freedom to devote your whole attention to meeting the demands of your customers. Customer-centric selling, relationship development, and revenue growth through loyal customers are all facilitated by implementing the appropriate technology modifications to collect critical input from prospects and customers and the appropriate culture shifts to act on that feedback. For every successful company in today’s fast-paced global economy, this is an absolute must.
Are you interested in finding out how B2B sales teams overcome challenges? Let us assist you NOW.