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Report from the Cranfield KAM Best Practice Forum 26 September 2019. Key account managers are always striving to find better ways to cooperate and co-create value with their opposite numbers in purchasing. Similarly, professional purchasing managers are always striving to obtain the best possible deal for their organisations and get away from entirely price-focused negotiations. So the most recent KAM… 

In the digital era, perhaps more than ever before, it is becoming increasingly apparent to advertisers that they must carefully consider what vocabulary will most likely resonate with members of their target audiences in order to communicate effectively with them. Should salespeople be following this lead? Some ten years’ ago I authored a book featuring 52 separate selling skills.* One… 

Barry Gray is preparing for the last great polar challenge. Here he talks mind-set and leadership. As Barry “Baz” Gray prepares to follow in the footsteps of his hero Sir Ernest Shackleton, he has a sense of history and his potential place amongst the pantheon of polar explorers. “For me it’s about doing something that’s never been done,” the former… 

How salespeople can make a difference in helping their organisation stand-out from competitors, in ways that resonate with customers. In our book Value-ology (Kelly, Johnston and Danheiser 2017), we drew attention to Qvidian’s research that showed 58% of deals end up in no decision because the customer has not been convinced of the value being offered, which means your biggest… 

Following my initial two “Spotlight on…” articles on Sandler and Strategic Selling, I now want to turn my attention to another long-established, widely adopted and still-relevant sales methodology: SPIN® Selling from Huthwaite International. The concepts behind SPIN® were the result of extensive research by Neil Rackham and his colleagues into the patterns of success and failure in complex B2B sales…. 

Britain is critically short of professional salespeople with the right leadership, negotiation and digital skills to win deals in new marketplaces, an inquiry by a cross-party group of MPs has found. In its first report, published as Britain prepares to leave the European Union, the All- Party Parliamentary Group (APPG) for Professional Sales highlights endemic problems in Britain’s sales sector… 

Alumni from Consalia and Middlesex University’s Masters sales transformation programmes joined other business leaders at this year’s Global Sales Transformation Conference to explore the fast-changing business landscape. Security was tighter than normal in the face of Extinction Rebellion protests as delegates gathered at the London Stock Exchange on 15 October for a packed day of discussion around the topic “Pushing… 

Marketing and sales messaging, content, and skills training company Corporate Visions acquired Memzy in October. Memzy specializes in designing memorable, neuroscience-backed communications and presentation content. Known for its science-backed whiteboard storytelling, Corporate Visions says the acquisition will allow it to expand into other areas – particularly for the growing number of online sales meetings (versus face-to-face where PowerPoint is the… 

The UK is trailing behind Europe in customer service as brands race to adopt AI technologies in order to transform how they engage with customers. This is according to a new report from customer engagement software company Freshworks. The report reveals that just over half (54%) of UK senior decision-makers state their business currently uses AI – in areas such… 

Global organizational consulting firm Korn Ferry completed its acquisition of sales enablement specialist Miller Heiman, including research arm CSO Insights, on 1 November. It has also acquired two other companies in the leadership development sphere: AchieveForum, and Strategy Execution in the move which bolsters its learning and development offerings. The move is part of Korn Ferry’s bid accelerate to its… 

Overwhelmed B2B buyers are facing a crisis of confidence as they increasingly struggle to make large-scale purchase decisions. That’s according to research and advisory specialist Gartner. Research findings revealed at the recent Gartner CSO & Sales Leader Conference in Las Vegas suggest that the root cause of customers’ struggle has little to do with how they perceive suppliers’ offerings and… 

Reporting from the Cranfield KAM Best Practice Forum 20 June 2019. Key account managers and purchasing professionals are increasingly recognising the importance of co-creating value and the key part that the latest technology can have in facilitating that. So, the most recent KAM Best Practice Forum at Cranfield University decided to focus on how Key Account Managers can embrace technology… 

How a unified negotiations approach drives customer loyalty and more revenue for SAP. The digital revolution is having a dramatic effect on the sales world. Listening to the customer, taking their concerns and strategic objectives on board, and using their feedback to identify the best possible solution has always proved to be an effective strategy. However, sales success can also… 

World-class sellers don’t expect success; they prepare for it. On the face of it, sellers appear to be on a winning streak. New figures from CSO Insights (the research division of Miller Heiman Group) reveal that, over the period 2017–19, sales organisations globally saw a 7% increase across both revenue and quota target attainment. However, before sales teams are too… 

Following up on our previous article in last issue of IJST, we continue the discussion on how to best work with your strategic customers to help create joint solutions for growth. What do the best do differently to create joint solutions? Leading companies that excel at collaboratively creating value with their customers are not trying to do a thousand things… 

As B2B buying behaviour evolves, how can sales organisations adapt? This is the third of a series of articles in which Dr Simon Kelly, Dr Paul Johnston and Stacey Danheiser explore customer value and differentiation. In this article they offer an early view into their latest research around the roles and competencies required by salespeople to help their organisations differentiate… 

In the previous edition of the International Journal of Sales Transformation, I summarised some of the key aspects of the Sandler Selling System. In the second of my series of articles on today’s leading sales methodologies, I want to turn to another long-established approach: Strategic Selling® from the Miller Heiman Group. The Strategic Selling methodology is particularly effective in complex… 

Context is important in sales meetings. Successful approaches vary according to the level and function of the executive you are speaking to and how far along the buying journey they may be. Writing in Harvard Business Review, Journal contributor Dr Frank Cespedes and Tracy DeCicco warn of the negative consequences of choosing the wrong sales approach for the circumstances, such… 

Some 24% of inside sellers are actively looking for a new job, with the three most common reasons being dissatisfaction with the competitiveness of compensation package, manager quality, and the degree of respect the organisation shows employees. That’s according to findings from Gartner’s Global Labor Market Survey. The survey also highlights factors that would pull sales representatives to similar jobs… 

Highly skilled, highly capable key account managers are essential for any organisation seeking to transform to a KAM culture. As more organisations realize that having a strong KAM capability is an absolute necessity to manage the customer base where most of their business resides, increasing focus is being placed on finding those key “few things” that guarantee success. Through research…