Some 70 per cent of business decision makers have admitted that their organisation’s salespeople do not have a systematic approach to engaging with customers and prospects. Carried out for sales and negotiation experts Huthwaite International, the national YouGov research found that only 22 per cent of British business decision makers said their organisation has a single sales methodology (defined as a systematic approach used to engage with customers and prospects, comprising the strategy, tactics and conversational behaviours used by salespeople.)
Tony Hughes, CEO at Huthwaite International, comments: “Considering most businesses have been set up in order to sell goods or services, it’s simply baffling that so few have a systematic approach to it. The fact that 71 per cent of respondents in small companies (1-49 employees) say they don’t have a single sales methodology is perhaps understandable for a variety of reasons. But for the 67 per cent in large companies (250+ employees) without a systematic approach there really is no excuse.
“‘Sales’ is not a dirty word and giving salespeople the tools to succeed can make a huge difference to the growth of the business. A sales methodology – and the skills that bring that methodology to life – allows customer-facing staff to build the value of the product or service with buyers, along with the value of their organisation itself.”
While no industry does particularly well in the survey, manufacturing, with much talk of how it will increase trade to rebalance the UK economy, has just 16 per cent of respondents saying they have a single, commonly used and understood sales methodology.
Mr Hughes continues: “If manufacturers are serious about growing their slice of the pie, they need to start thinking about selling in a different way. Talking benefits – as opposed to features – is enough of a challenge for most manufacturers, but even this is not far enough. They need a systematic approach to exploring, uncovering and developing their customers’ needs and a common language for presenting solutions and calibrating their progress in the sale.”