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Archive for May 12th, 2008

Selling To The C Level

We here that phrase often – must have experience selling to the (insert executive/C level/CEO here).  But how many positions actually sell to this level?  What do CEO’s actually purchase for their company?

Financial planners sell to the C level.  High-end insurance salespeople sell to the C level.  However, most positions do not sell at that level.

One value for a salesperson is the ability to enter at that level and then be sent down to the correct mid-level manager with a referral from the C level contact.

Yet even that “kicked down” ability is overstated.  The real value is being able to discover the decision process within the company.  For many products and services, this process is not found in the corner office.  The flatter the organizational hierarchy, the more difficult it is to find the decision maker.  Odds are it is more than one person.

The salesperson who can approach a prospective company, find all of the decision makers and then sell each of them on his or her solution…well, that is truly a skilled salesperson for today’s corporate world.  This salesperson may not have experience selling to the executive level, but they have the ability to sell to the right level to close deals.

And you may miss out on them if you think your sale goes through one C-level person.

Redefining The Sales Funnel

This video from Selling Power discusses a unique look at the traditional sales funnel.  The author in the video states that the sales funnel has to be thrown out and redesigned based on the prospect’s process.  The 4 minute video is an excellent discussion on this topic:

If you have trouble with the video, here is the link to watch it on the Selling Power website.

A Common Sales Ad Spec

Here is a bullet point from a sales employment ad:

Home based office experience a major plus!

Can you imagine reading that point just 5 years ago?