Navigating the realm of business-to-business (B2B) sales as a subject matter expert (SME) comes with a unique set of hurdles. A close friend, a respected industry leader seeking advice on landing ideal clients without sounding overly pushy, prompted me to reflect on the distinctive challenges SMEs often grapple with in the sales domain.
SMEs venturing into B2B sales face challenges stemming from their specialized expertise. Whether launching a new business or striving for entrepreneurial independence, these professionals often encounter obstacles that require a nuanced approach.
With a history of leading B2B sales in highly specialized industries involving numerous SMEs, I have gained direct experience and a deep understanding of the journey my friend is embarking upon. Here were the operational challenges and cognitive roadblocks that I helped my friend spot:
Handling Objections: One of the major hurdles SMEs like my friend confront is grappling with objections in the sales process. In most cases, this purely stems from a lack of practice in addressing potential concerns raised by prospective clients as well as overly personal investment in their ideas.
Overcoming the Fear of Rejection: Rejection in B2B sales can be perceived as a dent in the SME's professional reputation. This fear of damaging their image can lead to hesitancy and reluctance in putting themselves and their offerings out in the market.
The Curse of Knowledge: SMEs often fall into the trap of assuming that their clients possess a similar level of expertise. This assumption can lead to miscommunication and misunderstandings, resulting in lost opportunities to engage and convert potential clients.
Articulating Value Proposition: Perhaps the most significant challenge lies in SMEs' struggle to effectively convey the value proposition of their offering. It's common for SMEs to equate their personal knowledge with the product, failing to distinguish and articulate the unique power that their solutions bring to their clients.
To assist my friend in overcoming these challenges, I delved into the realm of brain science and devised the following strategies to optimize their chances of achieving their desired outcomes:
A. Simplify the Core Message: Harnessing the principles of cognitive load, I collaborated with my friend to streamline their message for their target audience. We deconstructed the big, complex concepts into digestible parts, enhancing engagement and comprehension.
B. Foster Informed Decision-Making: Understanding the client's decision-making processes empowers Subject Matter Experts (SMEs) to tailor their marketing and sales communications in a way that resonates more, enabling swifter and more assured decision-making from the other side.
C. Recognize The Client's Reality: As SMEs, we often hold ourselves to very high standards within our domains. Our expertise allows us to avoid common missteps effortlessly. However, our ideal clients are individuals grappling to meet these high standards without the benefit of our experience. To cultivate a meaningful partnership, we must empathize with their reality and extend our assistance at their level of need.
In summary, comprehending the brain's role in information processing, decision making, and communication equips SMEs to refine their approach, improve client interactions, and elevate the probability of their success, thus reducing angst and frustration. It empowers them to build stronger relationships and become more indispensable to their clients.