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Expand Existing Accounts without Pushing
Manage episode 477723873 series 1017416
Ian Altman discusses strategies for expanding existing accounts without appearing pushy. He criticizes common sales tactics like offering capabilities briefings, which customers often find unappealing. Altman introduces the concept of the "client vision pyramid," which categorizes client needs into effective, enhanced, and engaged levels. He advises salespeople to highlight unique services they offer to their best clients and to take responsibility for not discussing these before. This approach can lead to more effective sales, larger deal sizes, and stronger client relationships. Altman also mentions research indicating that many clients believe their current vendor can provide additional services but are unaware of them.
Biggest Mistakes
- Ian Altman introduces the topic of expanding existing accounts without pushing, a common challenge faced by many organizations.
- He criticizes typical sales approaches that sound pushy and unappealing to customers, such as offering briefings on new capabilities or produc
- Ian emphasizes the need for a better approach that piques the customer's interest by highlighting unique value propositions.
- He introduces the concept of "Access displacement disorder," where salespeople mistakenly believe the world revolves around them.
Best Practices
- Ian Altman suggests framing the conversation around the client's problems and how the salesperson's additional services can solve them.
- He recommends not fishing for business but rather offering to discuss additional services if they are relevant to the client's needs.
- Ian highlights the importance of showing up as someone who solves problems, not just someone trying to sell.
- He shares research indicating that many clients believe their existing vendor can deliver additional services but are unaware of them.
380 episodes
Manage episode 477723873 series 1017416
Ian Altman discusses strategies for expanding existing accounts without appearing pushy. He criticizes common sales tactics like offering capabilities briefings, which customers often find unappealing. Altman introduces the concept of the "client vision pyramid," which categorizes client needs into effective, enhanced, and engaged levels. He advises salespeople to highlight unique services they offer to their best clients and to take responsibility for not discussing these before. This approach can lead to more effective sales, larger deal sizes, and stronger client relationships. Altman also mentions research indicating that many clients believe their current vendor can provide additional services but are unaware of them.
Biggest Mistakes
- Ian Altman introduces the topic of expanding existing accounts without pushing, a common challenge faced by many organizations.
- He criticizes typical sales approaches that sound pushy and unappealing to customers, such as offering briefings on new capabilities or produc
- Ian emphasizes the need for a better approach that piques the customer's interest by highlighting unique value propositions.
- He introduces the concept of "Access displacement disorder," where salespeople mistakenly believe the world revolves around them.
Best Practices
- Ian Altman suggests framing the conversation around the client's problems and how the salesperson's additional services can solve them.
- He recommends not fishing for business but rather offering to discuss additional services if they are relevant to the client's needs.
- Ian highlights the importance of showing up as someone who solves problems, not just someone trying to sell.
- He shares research indicating that many clients believe their existing vendor can deliver additional services but are unaware of them.
380 episodes
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