Careers in business-to-business sales are greatly rewarding financially but require certain sets of skills in order to be successful. These career paths involve selling products or services to other businesses, thus the name business-to-business sales. However, as a beginner, navigating this field can be very challenging, especially for a person who has yet to gain any prior experience in sales. Sales, in general, is a complicated field that requires a lot of dedication and resilience. In this article, we go over eight things that a person should look at when considering a career in B2B sales.
Understand the B2B Sales Process
Before diving head first into any field, it is crucial to do enough research to understand what actually happens and how things are done. Similar to B2B sales, there are structured processes gone through to deliver a product or service to a client. The first stage is usually finding prospects and places where potential leads can come from before proceeding to the lead generation process. Leads are potential clients who may be interested in what the business is selling. After they are acquired, follow-ups, mainly by cold calling using a b2b cold calling script, are made in an attempt to nurture them. After a lead is ready, the agent moves into the next step, which is usually closing the deal. This means that the client is now prepared to purchase the product or service, the sale is made, and payments are processed. The last stage is usually post-sale support for any questions or assistance that a client may require.
Identify Your Niche
B2B is a large industry with countless products and services being offered; one of the first steps should be picking a niche. A person should pick something to specialize in instead of having basic level knowledge in many areas. Specialization gets a person recognized for offering a skill they are good at. It allows a person to gain expertise to understand how to source clients and deal with difficult leads, making it easier for experts to close deals. Leads will likely trust a person who knows what they are doing and is confident in the product or service they offer. This confidence is a skill that can be learned and grows when you have a lot of experience in the tasks being done.
Develop Communication Skills
For a person who will be dealing with many people daily, it is crucial to learn and develop decent communication skills. Creating rapport is the first thing when it comes to generating leads; a client will need to trust the information they are being handed; thus, starting on good terms is necessary. Before a client makes a purchase, they will need to have a good relationship with the agent in order to negotiate terms and address queries. Clients sometimes do not buy a product because of its specifications. Most times, a feeling or certain emotions lead to making a purchase, making learning how to express and convey these feelings and emotions very useful.
Build a Professional Network
Professional networks are vital to a person’s success when it comes to B2B sales. They are great at providing insights into the industry, offering collaborations, and lead generation. These networks are easy to build if the niche is decided and a person has worked on their communication skills. Plan to attend industry events that are related to your niche to meet professionals working in your field and talk, discuss, and make career friends. These are places where experts are invited, and investors are lurking; always be active, friendly, informative, and engage in discussions to get noticed. Take advantage of forums like LinkedIn to market yourself, and make sure to update your profile regularly. Add what you do and every little achievement to get seen by companies scanning through the profile, as active users tend to rank better.
Keep Up with Industry Trends
In B2B sales, trends are always changing, especially with the development of technology and new marketing strategies. To become a successful agent in this field, a person will have to know the state of the market at all times, what the clients want, and which strategies are doing well at the current time. A good way to stay informed is by reading published articles and journals or attending seminars. Some blogs are also great sources of learning as they are convenient and easy to access, like during breaks at work. Information works in favor of an agent in more ways than one. For example, an agent with enough knowledge easily impresses a client, and the insights gathered make it easier to put together a decent strategy on how to showcase their products or services.
Offer Solutions
One section where a lot of beginner agents need to improve is pitching a product or service to a potential lead. Most will often obsess with the product, highlighting each and every aspect of it and explaining to the client how great it is instead of showing them how the products benefit them. This might seem like a great way to sell, after all, the quality of a product is what should attract a customer. No doubt, the product is good, and that is why you chose it, but the client is not concerned about how good it is; what a client wants is to understand how the product being sold to them will make life easier or provide benefits when they purchase it. Learning to sell from the angle of the client is a vital skill to have and makes closing deals way easier. Offer a solution to a problem someone might be facing and show them how the product solves it instead of offering a product simply because it is good.
Collaborate with Other Departments
In most cases, B2B sales are a group project. Having to acquire prospects, generate leads, nurture them, and close deals can be a lot of work for just one person. A group of people with expertise in different stages of the sale often work together in closing the deal. That is why most companies divide a department into groups or teams. A sales team is important as the division of work into smaller portions delegated to different people gives better results compared to an individual. Combining different aspects with sales gives an upper hand and a competitive advantage; this makes selling attempts more successful.
Resilience and Persistence
A person considering a career in B2B sales should be ready to face a lot of rejection from clients and a lot of waiting periods. ‘No’ is a word you will be hearing a lot when working, so developing thick skin is part of the job description. As a beginner, it might be discouraging, but always remember that a “no” today might turn into a “yes” next week, so keep pushing; after all, the ‘YES’ is what really counts, and that single sale can make up for all the previous rejections.
Building a credible professional network and being resilient at it will make it easier to build a career in B2B sales. Practice communication skills and niche down to make it easier to stay up to date with the trends in your industry, which will enable you to present better solutions to clients. By following these, the road to success becomes shorter each day. B2B is a serious career just like all the others so be ready to put in the work and the hours to flourish.