Title: Do these numbers mean anything to you
1Do these numbers mean anything to you?
91
74
120
21
23
2Heres what they mean for my business
91
Pipeline Win Rate
74
74
Increase in Average Sales Price
21
21
Reduction in Sales Cycle Length
23
23
Zebra score needed at beginning of Quarter, to
generate revenue by the end of the Quarter
3Results
120
Number of days needed to achieve results using
the Zebra value-based selling method
Patrick Williams, SVP Sales, StarCite Inc.
PWilliams_at_StarCite.com 408.562.7662
4HOW to CLOSE 90 of the BUSINESS YOU PURSUE
FASTER, MORE EASILY and MORE PROFITABLY
- Jeffrey A. Koser
- September, 2008
Selling to Zebras, LLC To Increase Power Focus
5Build your Zebra and Ignite Your Growth in a
Tough Economy
- Predictive Value?
- A well-formulated model is used to
- develop the preliminary prediction of value
- your vertical specific prospect can
- expect to achieve
Power The person who is going to buy from
youthe person who conceives of and owns the
business drivers, who is responsible for the
promises that will get the project approved and
for achieving and reporting the end results
- Togethertoday we will build your Zebra by
developing the seven questions you will ask about
every prospect - Seven questions that add up to a perfect prospect
Zebra score of 28 - Score a prospect, use this tool to help you
accentuate your strengths, and strategize ways of
filling your gaps - Zebra Buying Cycle which will help you assert
authority in your field - Leverage predictive value to gain access to Power
- Create emotional business-to-business attachment
between you and your customers by fulfilling the
promises that lead to the approval of projects
Whats a Zebra? Your Zebra is the prospect that
is a perfect fit for your companya prospect
that you know you can win based on identifiable,
objective characteristics and Zebras are the
only prospects a salesperson should pursue.
Why do we call it a Zebra? We call this perfect
prospect a Zebra because once youve identified
the characteristics of your Zebra, you can spot
it amidst all the other prospects quickly and
easily.
6The Zebra Buying Cycle
1
2
4
3
7Who Needs a Zebra? If
- Sales Cycles are getting longer and often end
with - no decision
- Qualified prospects are difficult to find and
identify - Sales opportunities are aging and stay on the
forecast longer - Prospects are saying all products and solutions
look-a-like products and solutions are being
increasingly commoditized - Deals are getting smaller and margins are
diminishing because heavy discounting is the norm - Access to high level decision makers is harder to
get as the number of competitors increases
you have one or more of these Sales Related
Issues YOU NEED A ZEBRA!
8Anyone Here Not Need a Zebra?
- THEN LETS GET STARTED BUILDING YOUR ZEBRA!
Please Open Your Zebra Camp Building your Zebra
Manuals to Page 5.
9Seven Attributes of Your Zebra
- Company Profile
- Operations
- Access to Power
- Funding
- ROI
- Technology
- Service
10Seven Attributes of Your Zebra
- Page 4 in your manual think about
- Most reference worthy customers
- Last five deals you won
- Best customersrepeat business and profitability
- Philosophies/Ideals/Size
- SIC /or NAICS
- Product Adoption Life Cycle (I.e. how did they
buy?) - Conversely the last few deals you lost
- Turn to page 12 and note your answers
11Seven Attributes of Your Zebra
- Product Adoption Life Cycle
12Seven Attributes of Your Zebra
- Page 4 in your manual think about
- Most reference worthy customers
- Last five deals you won
- Best from repeat business and profitability
- Philosophies and ideals
- SIC /or NAICS
- Product Adoption Life Cycle
- Conversely the last few deals you lost
- Turn to page 12 and note your answers
13Seven Attributes of Your Zebra
- Bottom of page 12 in your manual think about
- Number of divisions, branches, locations?
- Primarily domestic or international?
- How do they go to market?
- Complex or simple?
- What key operational business issues do you
address that they have to acknowledge they need? - Turn to page 15 and note your answers
14Seven Attributes of Your Zebra
- Bottom of page 15 in your manual think about
- Who is most often the person who makes the
promises that will lead to the approval to
purchase your solution? - Who owns the reporting of the results?
- Was a CAR required? Who signed the CAR?
- Specifically what are the most common titles for
Power, CEO, CFO, COO, VPO, VPL, Director of ____? - What Power-level business issues do you solve?
- Turn to page 17 and note your answers
15Seven Attributes of Your Zebra
- Middle of page 17 in your manual think about
- Have your most recent wins required a
pre-established budget? - When at true Power are you able to sell without
a budget? - When you have lost, what role did funding play?
- What are the steps required to get a deal done?
- Turn to page 18 and note your answers
Loss Not just to competition! Time kills all
deals and all business, therefore a deal that
doesnt close for anyone is also a loss!
16Seven Attributes of Your Zebra
- Bottom of page 18 in your manual think about
- What specific quantifiable value does your
solution create? - What financial calculations are most often
required, ROI, IRR, Payback Period, NPV, EVA? - Selling value is critical. Understanding and
being able to engage in a total cost of ownership
(TCO) conversation is the key to higher average
deal size, shorter sales cycles, and driving
Power-level sales cycles. -
- Turn to page 19 and note your answers
17Seven Attributes of Your Zebra
- Middle of page 20 in your manual think about
- What technologically aspects of your solution
provide competitive advantage? - Disadvantage?
- What role did technology play in your last five
wins? - Losses?
- Technology is always a double edge sword
- Turn to page 21 and note your answers
18Seven Attributes of Your Zebra
- Page 22 in your manual think about
- What are the service needs and wants of those
most recent wins? - Losses?
- Do you have varying levels of contract service?
- What levels of service did customers contract
for? - On the bottom of page 22 note your answers
19GREATYOU Have a Zebra!
20Want to Learn How to Use Our Zebra?
- THEN LETS GET STARTED MANAGING TO YOUR ZEBRA!
Please Open Your Zebra Camp Building your Zebra
Manuals to Page 6 (Last Paragraph).
21How the Zebra Works
- Company Profile score it 0-4
- Operations score it 0-4
- Access to Power score it 0-4
- Funding score it 0-4
- ROI score it 0-4
- Technology score it 0-4
- Service score it 0-4
Access to Power Is a particularly
important Attribute. Without access HERE, every
other answer in your Zebra should be questioned!
Still on Page 6 of your Zebra Camp Building
your Zebra Manuals
22How to Use Your Zebra
23Want to Learn How to Use Our Zebra?
24How to Use Your Zebra
??
- Do you remember Pat Williams Magic Zebra
Scorethe score that told Pat he would close the
deal 91 of the time?
- For Pata Zebra Score of 23 turns prospects to
revenue 91 of-the-time!
Please Open Your Zebra Camp Building your Zebra
Manuals to Page 23
25What Results Can YOU Expect?
- Results Selling to Zebras Customer Survey
- July 2006, August 2007, and August 2008..
- Pipeline close rate increased by as low as 200
to a best practice high of 364.
With a Zebra this is the Improvement you can
expect BUT THERE IS MORE!
26 27Leveraging Predictive Value to get to Power
1
2
Just because weve identified Power doesnt mean
we can get there!
28We Solve These Critical Business Issues
What Critical Business Issues do YOU Solve?
- Sales Cycles are getting longer and often end
with - no decision
- Qualified prospects are difficult to find and
identify - Sales opportunities are aging and stay on the
forecast longer - Prospects are saying all products and solutions
look-a-like products and solutions are being
increasingly commoditized - Deals are getting smaller and margins are
diminishing because heavy discounting is the norm - Access to high level decision makers is harder to
get as the number of competitors increases
By solving these issues WE can create the
following value
29Prediction of Value
30How Do WE Know We Can Create This Value?
- Results Selling to Zebras Customer Survey
- July 2006, August 2007, and August 2008..
- Pipeline close rate increased by as low as 200
to a best practice high of 364. - Increase in average selling price ranged from as
low as 87 to a best practice high of 150 - Sales cycle length reduced by as low as 27 to a
best practice high of 45
31Take the Next Step!
- Do what we have done
- Identify the critical business issues you address
that create value - Survey your customers to gather proof of value
creation - Use our template and build your predictive value
model - Leverage predictive value to penetrate at Power
32Do What Others Have Done
Our pipeline close rate efficiency increased to
83...
Jim Stollberg Vice President Strategy and
Business Development HK Systems, Inc.
www.HKSystems.com
- Increase in average selling price 150
- Professional service backlog grew 400
33What will your numbers be?
91
Pipeline Win Rate
74
74
Increase in Average Sales Price
21
21
Reduction in Sales Cycle Length
23
23
Zebra score needed at beginning of Quarter, to
generate revenue by the end of the Quarter
34HOW to CLOSE 90 of the BUSINESS YOU PURSUE
FASTER, MORE EASILY and MORE PROFITABLY
- Jeffrey A. Koser
- (414) 659-1494
- Koserhtk_at_aol.com
Selling to Zebras, LLC To Increase Power Focus
35BACK-UP SLIDES
- Jeffrey A. Koser
- September, 2008
Selling to Zebras, LLC To Increase Power Focus
36Who is Jeff Koser
- 30 YEARS IN SALES AS
- SR RVPSO
- AE VPS
- ASM VPSO
- SM WWVPS
- NAM EVPBS
- BM COO
- RVPS CEO10 YEARS
WWW.SELLINGTOZEBRAS.COM
37Zebras Can Be FastAre YOU?