All customers are not same
Products manufactured has no value,
until sold and money due realised. Conversely, selling if not tuned to a
product, it remains a heroic act. It can therefore be said that it is the
alignment of selling behaviours with sales tasks i.e. critical to managing
performance of the organisation.
Selling behaviour alignment has come
into prominence as research conducted to find out reasons of failure of
start-ups. It is found that nearly 44000 companies were founded in the year
2000. Out of them, fewer than 6% achieved more than $10 million in revenues by
2010 and fewer than 2% more than $ 50 million.
Companies generally begin with the ‘Product Performance Advantage’ –
advantage that product drives into the market, finding a gap in a product
category. This advantage is diluted slowly as other products or even new
products in the same category start filling in the gap and companies first fail
to comprehend reasons of their product failure and eventually not able to build
on their initial product performance advantage by translating their strategy
into business development initiatives. In other words, failure at the end
of a leadership team to define core competencies of the organisation and their core
customers.
Business development is driven by
selling skills tuned to buying behaviour of core customers.
There are lots of ways to sell but an
organisation has to choose a specific way, appropriate to the organisational
strategy and core competency. Here comes the rule of ‘understanding target
customers and their buying behaviour’.
All customers are not same.
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