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Applying the
Challenger Sale
Approach
Matt Heinz
President, Heinz Marketing Inc
matt@heinzmarketing.com
@heinzmarketing
Three objectives today
• How to tell better, customer-centric stories that
drive volume, velocity and conversion among your
prospects
• Apply teach, tailor and take control to the Smart
Tuition sales (and marketing) process
• Begin getting comfortable with how to
operationalize the Challenger approach in your
daily activity
Based in CEB research
The 25 Most Important
Tenets of the
Challenger Approach
1. How you sell is more
important than what you sell
2. You win by generating
demand in a reluctant, risk-
adverse customer environment
3. Challengers push their
customer’s thinking & help
them compete more effectively
4. Challengers teach, tailor &
take control
5. Solution selling is, by
definition, a disruptive sale
6. Reps who win tailor their
message to a wide range of
customer stakeholders
7. You’re not as different from
your competitors as you think
8. Build a network of advocacy
9. The value of your insights
trumps the quality of your
product
10. Don’t discover what they
know, teach them a new way
of thinking altogether
11. Rapport and reframe are
not the same thing
12. Logic alone is rarely
enough to challenge the status
quo
13. Lead with a hypotheses of
the customer’s needs
14. Paint a picture of the
negative future based on their
current path
Source: Jeff Thull
15. Marketing is your “insight
generation machine”
16. Does the decision maker
have the strong backing of her
team?
17. It is often faster to sell
through stakeholders than to
go directly to the decision
maker
18. Know individual
stakeholder value drivers & the
economic drivers of their
business
19. If it’s not urgent, it’s not
worth solving
20. Translate & enable
customer centricity to sales (at
a tangible, operational level)
21. Invest in planning time
22. Sales leadership requires
an innovation mindset
23. “If we had religiously
followed our sales process,
our three biggest deals would
have never gotten done.”
24. Design your team (and
your time) for effectiveness,
not efficiency
25. Be memorable, not
agreeable
Questions?
Thank You!
Matt Heinz
President, Heinz Marketing
@heinzmarketing
matt@heinzmarketing.com

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The 25 most important tenets of the Challenger Sale approach

Notas do Editor

  1. Over half of customer loyalty is a result of not what you sell but how you sell it People often prefer favorite over best
  2. Deep understanding of their business Team them something new
  3. Push customer out of their comfort zone (vs being accepted into it) Challenger focuses on customer vs. (relationship builder more concerned about customer convenience)
  4. Control, diplomacy and empathy Shift the discussion from price to value Be a world class teacher, not so much an investigator Know the customer’s world better, teach them what they don’t know but should
  5. Multiple stakeholders, different messages Otherwise risk losing control of the deal due to weak support across the org
  6. New ideas to help customers save money or make money Cost of problem they did or didn’t’ know they had
  7. New perspectives, tailored to their most pressing needs Compelling and assertive enough to ensure the message resonates AND drives action Reframe the way they think about their business – how they operate or even how they compete Much greater value in insight that changes or builds upon what they know in ways the couldn’t or haven’t discovered on their own
  8. Thoughtful reflection vs excited agreement ROI calculators should pursue the reframe, vs justify the product purchase
  9. Informed by your own experience & research Rather than leading with open-ended questions Show them something new and show them why it matters
  10. You can’t just elevate the conversation and cut everyone else out The team input is exactly what the decision maker values most
  11. Reps ability to influence in the exec suite is nowhere near as strong as stakeholder’s ability to do the same Instead of asking who needs to be involved, coach the customer on who needs to be involved
  12. Collaborate with reps to find innovative ways to move the deal forward Creatively modify deal-level sales strategy to specific customer context
  13. Sales success today isn’t about getting better at what you already know, it’s about creating an ability to tackle what you don’t know