Date post: | 11-Nov-2014 |
Category: |
Sales |
Upload: | conformatocom |
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Outsourcing sales -understanding clients and practical advice.
VIEW FROM BOTH SIDES
OF THE SPECTRUM.
Serial Entrepreneurs and co-founders Olek Shestakov and Alex
Polyakov worked together on several projects over the past 3 years
In outsourcing industry as IT consultants and customers since 1997,
owned and managed multiple outsourcing teams
33 years of hands-on experience in Software Solutions, IT, Business
Communications and Media Frameworks
17 years of Management and Executive Experience, as Outsourcing
Team Leads and Head of Client's Outsourcing.
Large Size Enterprises - IBM, SAIC to medium companies and
startups
We ran businesses, wrote books, coached and mentored others. We
also thrive in table tennis, hiking, and darts
INTRODUCTION
When entering a foreign market, you really need to understand
the mindset and the thinking of the person on the other side.
Prospecting
Emails that get Responses
Short, simple, and direct.
Generate interest
Market your skills
Proper language
No spelling mistakes
Double check emails before sending.
Key phrases to increasing responses:
“I am interested to learn more about…”
“I would like to better understand your needs.”
COMMUNICATION
Every business customer is also a person
They have their own personal agendas, goals and fears
Successful projects - mean recognition and promotion
Failure can have drastic consequences - demotion, loss of work,
divorce, etc.
Customer - Risk Mitigation
Challenge - How to Acquire Trust and Build a Relationship
Building Reputation
Importance of Networking
WHAT EVERY TEAM SHOULD KNOW
ABOUT US MARKET
Breaking the Catch 22 Barrier - dif ficult
To Gain Experience, need to gain work
To Gain Work, need to have experience
How to Gain Experience and Testimonials
Small pieces of work at cost - it is an investment , don’t work for
profit, work to build a reputation and gain a referral.
Find Partnerships - people who can represent you.
Partnerships also demand risk mitigation - they are laying out their
connections on the line.
WHAT IF I DON'T HAVE US MARKET
EXPERIENCE TO GET ME THERE?
"Jack of all trades, but a master on none".
Instead of looking at everything, try to find a
specific niche where you are an expert.
Frequent MistakeAfter acquiring referrals, recommendations, and
experience, not capitalizing on the opportunities
to network .
In US, even in corporate work, the best way to
gain new business is through personal
introductions and "word of mouth“.
AVOID
MISTAKES
Global market opens teams from all over the world to bid for jobs.
How do you stack up against your competition?
The KEY to gain business is to FOCUS ON THE CLIENT’S NEEDS
Frequent Mistake
Teams do not focus on customer need, but on technical implementation.
Understanding client requirements on pricing
Every team states that it is the best, in this case client will pick the less expensive
Ask questions and show the expertise (it is the investment of your time)
Don't pressure the client. If the client is not a perfect fit, there is no need to feel bad, go on to the next one.
UNDERSTANDING THE CLIENT NEEDS
Frequent Mistake Teams do not follow-up
After establishing a connection, keep following
up with a client regularly. Once every 30 days, drop
them a few lines to see how they are doing.
LinkedIn, social media, e-mail. EASY!!
Pricing your resources right
Choices of resources - experienced, less
experienced.
Be honest about your capabilities and team
composition.
Honesty will allow you to interact with your client
for the next project.
AVOID
MISTAKES
Timing of responses, show genuine interest, taking the time
to understand the business.
Its not just about doing what you're told. Its also contributing
your input into their thought process. Clients are looking up to
you for the RIGHT expertise and advice.
Quality of documentation
Mirroring the client process
You are interviewing each other - ask specific questions,
engage client into a deep conversation, show deep knowledge
and understanding
Ask client to describe an ideal team for his need. Does the
client know what he/she wants?
THE INTERVIEW PROCESS
Frequent Mistake Team follow their internal process, not customer process.
Professional teams need to be familiar with all risk averse and flexible processes and be able to follow them
Frequent Mistake Teams do not like to use Video for communications
Visual face-to-face interaction is the key ingredient to building trust .
Frequent MistakeTeams focus on technical aspects, not on building relations long term.
Be Proactive! Look into the industry and propose ideas. Don't be shy.
AVOID
MISTAKES
Prepare the right, quality contracts
Web Site
Company Blog and News
References
Marketing and Social Media
Follow-up
Similar Projects
Technical Expertise
Frequent Mistake
Not being straightforward on pricing, resources, risks and time
constraints
DUE DILIGENCE
HAVE PASSION!
Have passion in what you do!
Have passion in technology!!!
BUT EVEN MORE - HAVE PASSION WITH INTERPERSONAL
RELATIONSHIPS!!!
Don't just see clients as money bags. See them as your personal
friends. It pays off in the long run.
BUILDING LONG-TERM RELATIONS
Frequent MistakeAssuming Software development and project management a relationship building.
Show GENUINE interest.
Discuss strategic development areas
Learn about business
Follow company news.
Treat customer as your friend and your customer. It will show!
Frequent Mistake
Relationships cannot always be perfect. BUT, Relationships can be fixed!
FIXING RELATIONSHIPS: Be honest. Explain. Communicate. Be blunt. Be proactive
Be strategic
Talk about difficulties – don’t hide them
AVOID
MISTAKES
Olek Shestakov https://www.linkedin.com/in/oshestak
Alex Polyakov https://www.linkedin.com/in/apolyako
QUESTIONS & ANSWERS