Bob Apollo

Bob Apollo

Inflexion-Point
Bob is founder of Inflexion-Point - applying a systematic, evidence-based approach to help B2B clients generate customer value, eliminate wasted effort and improve marketing and sales performance. UK-based, Bob previously held senior sales, marketing and C-level global positions in the high-tech sector.
  • 0 comments 184 reads
    Posted on 2012-05-17

    What would happen if you were able to double your sales and marketing resources overnight? Assuming that you haven’t already saturated your target market, how confident are you that you could at least double your revenues - and how long would that take? What if you were able to quadruple your resources?

    This question often poses a problem for B2B-focused organisations with long and complex sales cycles, or for sales teams that have a long history of relying on sales heroics. Without a well-defined, scalable sales and marketing process, no matter how much resource you can throw at the market, you’ll inevitably struggle to attract, engage, qualify and convert enough of the right sort of prospects.

    The challenge is particularly acute for growth-phase organisations that are trying to “cross the chasm” from early adopters to mainstream markets, and for established organisations that are wrestling with increasingly competitive markets. It’s hard - some would say impossible...

  • 0 comments 82 reads
    Posted on 2012-05-15

    According to some of the latest reports from Sirius Decisions, CSO Insights and other leading B2B research organisations, the best-in-class sales and marketing organisations are as much as 5 times more effective than the average in converting inquiries into sales - as well as maintaining significantly faster average annual revenue growth.

    How do they achieve this? A large part of the answer lies in how they choose to measure their performance - and how they apply what they learn to achieve continuous improvement. I’m going to be sharing the key principles in a free BrightTALK webinar on “Applying Smarter Metrics to your Sales and Marketing Funnel” on 22nd May at 2pm UK. You can register for the webinar here - but I’d like...

  • 0 comments 464 reads
    Posted on 2012-05-11

    There’s a multi-million $ industry built up around solution selling. Training companies deliver courses promising to help delegates achieve it. Authors write books promising to reveal the secrets behind it. Consultants (your writer included) charge sales organisations for advice on how to achieve it. Sales people claim to have mastered it in interviews.

    I've blogged frequently on the subjectincluding my previous article. But maybe - just maybe - there’s a huge flaw in all of this. Because surely the only one who actually has the right to call anything a solution is the prospect who had the problem in the first place, and who has seen it resolved to their satisfaction. Not the vendor...

  • 0 comments 270 reads
    Posted on 2012-05-02

    Faced with increasing competition, commoditisation and margin erosion most B2B vendors have chosen to embrace “solution selling” in one form or another. But, as many have learned to their cost, simply slapping solution lipstick on a product pig tends to be a cost-added, rather than a value-added strategy.

    Applying solution selling in today’s increasingly well-educated and often justifiably cynical buying environment requires a profound change in mindset and selling (and marketing) behaviour that many companies never manage to properly master - but the ones that do usually reap substantial rewards.

    Having observed some of the best exponents of the art, I’d like to suggest that there are six critical foundations of the new solution selling. They involve more than the sales person - in fact they reflect and require a co-ordinated approach between the sales and marketing organisations. Successful solution selling is a team effort.

    1: Educate before you Sell

    ...
  • 0 comments 768 reads
    Posted on 2012-04-19

    Described as “The most important advance in selling for many years” by no less an authority than Neil (SPIN Selling) Rackham, The Challenger Sale is subtitled “Taking Control of the Customer Conversation”, and with good reason.

    Your prospects simply don’t have the patience or the inclination to sit through a traditional “tell me about your business in 20 questions” solution selling conversation in which you do all the asking, they do all the telling and they feel that you’re the only person that has learned anything of value at the end of the dialogue.

    Your prospects resent teaching you and getting nothing back in return

    The Challenger SaleYour prospects may hate being sold to but they...

  • 0 comments 801 reads
    Posted on 2012-04-13

    CSO Insights have just published their 2012 Sales Management Optimisation study.  As always, the conclusions from their latest research make compelling reading - and provide B2B sales leaders with much to think about.

    I’ll be offering a series of recommendations from their research over the coming weeks, but I wanted to start by focusing on a new metric that CSO Insights introduced to the study this year: how effectively B2B sales organisations are tracking the real progress of their prospect’s buying decision process.

    Fewer than 20% of sales organisations continually track buying behaviour

    I found the answer very disturbing, and I think you will too: Fewer than 20% of the 600+ companies surveyed had the discipline to continually track specific buying behaviours in order to assess the true state of their sales pipelines. More than half never...

  • 1 comments 394 reads
    Posted on 2012-04-11

    We want our prospects to agree with us, right? So why am I suggesting that the last thing you want is for your prospect to start by sharing your point of view - at least in the first call? Because there’s a hidden problem if that first conversation goes too smoothly.

    You see, your prospect appears to be agreeing easily with everything you have to say, one of two things is probably happening - either they have already switched off and have chosen the path of least resistance, or you have failed to bring any new ideas to them.

    There is, of course, a third possibility - that somehow by luck or judgement you’ve managed to stumble across the perfect prospect who is about to grab the pen out of your hand there and then to sign the order. But the chances of that happening, let’s admit it, are infinitesimally small.

    Why different is better than same

    Here’s the problem: if all you do is to reflect the prospects already-held beliefs, if you say nothing that...

  • 0 comments 301 reads
    Posted on 2012-04-03

    I had a truly bizarre experience the other day. A senior (and very experienced, by the look of him) sales person actually started a conversation with me by asking me “what kept me awake at night?” I just managed to resist giving him a biological explanation.

    Now, it may have come straight out of a second-rate consultative selling manual from a decade or two back, but his question struck me as being completely irrelevant and utterly out of place in world where any sophisticated buyer is likely to laugh out loud at the glorious incongruity of such a silly and uninformed question.

    Are your sales people provoking silent laughter?

    Which is, of course, exactly what I did. Which unsettled my friend to start with, but he at least knew by then that he’d started off on the wrong foot. It’s the silent laughter that will really get to you, mind - prospects that may appear to listen politely to the rest of the conversation but have already ruled you out for being so...

  • 0 comments 444 reads
    Posted on 2012-03-27

    According to many marketing leaders I speak to, B2B marketing budgets are coming under increasing pressure. These marketing leaders are being asked by their Managing Directors and Chief Executives (and let’s not forget their Finance Directors and CFOs) to justify what their marketing budgets are actually buying them. Many, as a result, are having to do more with less, and being asked to demonstrate marketing’s contribution to revenue.

    For traditional marketing departments, this has been a necessary - if sometimes unwelcome - wake up call. For others, it has represented a great opportunity to rethink the relationship between marketing and the rest of the organisation - particularly sales - as they seek to transform marketing from a cost centre to a revenue centre, and to make their contribution to the top line more visible (and better appreciated).

    Improving sales and marketing alignment is, of course, a necessary foundation for achieving this transformation from a...

  • 0 comments 537 reads
    Posted on 2012-03-22

    How can you simply and succinctly explain what you do to a potential prospect or other interested party, and make them want to learn more? How can you ensure that your story is consistently communicated in every marketing message and in every sales conversation? The key is to make the story simple and uncomplicated - the sort of story that can be laid out in three short sentences and told in the time it takes to ride in an elevator (or a lift, to us Brits).

    The “elevator pitch” first came to prominence as a device used by companies to explain their business to potential investors - an audience that is famously intolerant of rambling, poorly thought-through answers to the question “what exactly is it that you do?” But it turns out that your prospects think the same way - and if you make your explanation of what you do over-complicated, irrelevant or uninteresting, you can be sure that they will switch off.

    8 key points

    I'm a great fan of the structure...