Pursuing a complex, major sale is a sizeable investment for any company. It
is vital that sales professionals work to an all inclusive plan that improves
competitive positioning and delivers a return on investment.
Channel Enablers’ Major Opportunity Process (MOP) is
a structured approach to qualifying and winning major sales opportunities.
It combines a two day training workshop with a set of checklists and templates
to guide partner sales people through each stage of a major sale.
MOP has been designed with partners in mind – it is
not overly complex and is not seen as paperwork. Partner sales people can progressively
add the levels of analysis required by the complexity of the sale, and need
only invest the time that makes sense for the potential return.
MOP program content
When a sales cycle is long, complex and competitive, with more than one customer
decision maker, partner sales representatives need to create a sales plan that
can deal with this complexity and make their next steps clear.
Vendors, customers and partners all want to maximize their return on investment.
It is important to:
- adequately cover buyers and their issues
- focus on competitive strengths and guard points of vulnerability
- clearly communicate customer value
- understand risks and resource requirements
Channel Enablers’ Major Opportunity Process is about
winning these big deals. Participants develop competitive strategies and a
clear understanding of their differentiation and value.
Initial workshop content
In the two day MOP training workshop participants work on
live sales opportunities and develop winning strategies. The following topics
are covered:
- The business opportunity funnel
- A tool to manage and set sales priorities.
- How prospects buy
- Looking at the buying process and points of sales influence.
- How to identify decision influencers and plan appropriate activity
- Understanding organizational structure and priorities at different levels.
- Identifying stakeholders, their buying roles, power, motivation and priorities.
- How behavioral style affects the sales relationship.
- How to uncover and cater for personal needs.
- Competitive strategies
- Analysing a competitor’s position and planning appropriate strategies.
- Executive selling
- Identifying executive priorities and planning strategies for gaining
executive support.
- Action planning
- Recognising and dealing with competitive tactics.
- Preparing a strategy and an action plan for a current real life business
opportunity.
In addition, comprehensive guides, templates and checklists are applied to
current opportunities in workshop sessions.
MOP process tools
MOP is built like a toolkit.
Simple tools can be used for a fast analysis on smaller or less complex sales
opportunities. More sophisticated in-depth analysis tools can be used when
the complex or large sale demands it. Such flexibility is critical to partner
acceptance.
MOP Microsoft Word macro-enabled analysis tools include:
- A front page at-a-glance snapshot of the deal
This records
who is involved, the MOP version and last update,
a forecast of opportunity revenue and timing, an assessment of the key qualifying
questions, the competitors, the primary sales objective, and core value proposition.
- Stakeholder identification and coverage
A one page at-a-glance
view of all the critical people involved in the decision, indicating the
degree of coverage of each person, their attitude and power, and the role
they play.
- Opportunity qualification
Two levels
of detailed questions that really drop-forge an opportunity. A step-by-step,
tick-the-box process helps partners and vendors answer the four main qualification
questions – 1. Will the customer buy something? 2.
Can we win this? 3. Is this good business for our partnership? 4. When will
this happen?
- Critical stakeholder analysis
A detailed look at critical
individual stakeholders, developing the crucial selling messages on which
to focus in complex deals. At times customer stakeholders don’t agree
among themselves and it may not be possible to satisfy everyone’s
needs. MOP helps to refine your sales message and focus on
critical differentiating messages and issues.
- Specify your sales objective
Not always just a simple
choice. This section guides sales people through the development of their
fundamental strategy for the opportunity, considering such questions as:
How much of the opportunity should they go after? What and how much should
they sell? Who is the real customer? In what stage of the buying process
is the customer?
- ‘Winning story’ and value proposition
Looks
at the partnership’s competitive strengths and weaknesses, key
selling messages, competitor claims and defence, and the partnership’s
overall differentiating value proposition to the end-user customer.
- Return on sales resources
Identifies critical resources
and plans to secure them, challenges the wisdom of planned resource allocation
and looks for faster, cheaper ways of winning the sale.
- Activity planning
All analysis tools prompt for action
planning. Standard MOP templates
include embedded action planning spreadsheets with macros, enabling sorting
by status, due date and owner.
MOP benefits
- Increase revenues and productivity by winning more and bigger sales
- Simple processes and checklists ensure that partners don’t miss
vital people/issues.
- Analysis tools help to formulate strategy in complex sales and make
key selling messages clear.
- Improve partner and vendor profitability
- Big deals are expensive to go after. MOP includes
best practice processes for qualification of competitive position,
likelihood of customer action, size of opportunity and revenue timing.
Work on deals you can win.
- Competitive Strategy - best action plan. Not all sales people have
the same ‘instinct’ or experience. Structured processes help take
the ‘magic’ out of deal winning strategies.
- Improve forecast accuracy
- As part of an overall sales
forecasting process, MOP helps
you understand and better predict sales results.
- Build tighter more productive ecosystem teams
- MOP is a common approach and communication tool. Productive
forming and re-forming of ‘virtual teams’ is a crucial productivity
and competitive success factor. MOP’s teamwork processes
as well as use of common tools and language aids this process and helps
specialist technical experts add value to sales efforts.
- Build closer ties with partners. Teach them to speak your language. Help
them to become more ‘comfortable’ selling your products/services.
Help them benefit from your tools and support.
- MOP is both proven and unique
- MOP builds upon the theory from the best thinkers
in the industry.
- It has been successfully implemented by large groups.
- It can be uniquely customised and branded to become the vendor’s
own program. This builds a sense of field ownership and community
with partners and is a unique competitive weapon in the market.
MOP format and media
Channel Enablers’ MOP program includes implementation
consulting to customise MOP to fit the vendors’ own
products, markets and routes. MOP is launched to partners
in an initial two day kick-off workshop to train them in the use of MOP guides
and macro-enabled MS Word templates. Customized MOP materials
bear the vendor’s logo – identifying MOP as a
competitive strength in a vendor’s partner program.