We find some interesting contrasts as we work in different industry sales models. In traditional product firms, sales teams are striving to be more like business consultants. Yet, in our work with professional services firms, our clients strive to be more like traditional sales teams.
What is it about these two models that seem so similar, yet so far apart? After all, we’ve been talking about consultative selling for more than 40 years! And the foundational principles still apply for effective B2B selling.
Most product-based organizations have finally realized that it’s less about what you sell and more about how you sell. The sales experience is critical to differentiation and buyer preference.
In contrast, our service-based clients know that they’re selling themselves. Their approach is tailored and buyer-oriented. Diagnosing business issues before proposing the solution comes naturally. However, increasingly they're required to “productize” their approach to drive growth, scale, and margin. This includes more rigor and assertiveness around the sales process.
So, even though we’ve used the phrase consultative selling for so many years, it’s been a veneer. There’s a big difference between classic consulting actions and the most advanced selling we've seen in the recent past. Even the buzz around delivering insights to buyers hasn’t bridged the two models. Insight is necessary, but not sufficient.
Let’s break down the common struggles we see from each sales model and what we can learn from each.
Organizations that primarily sell products struggle with:
Organizations that primarily sell professional services struggle with:
You can see through the lists that they both struggle with time. Who doesn’t, right? But beyond time, the lists are an exercise in contrasts. For example, where sales teams often lack the meaningful insights around the business, the professional service teams do that well. But service teams struggle in other ways where traditional sales reps are strong.
We believe the future of sales continues to be the integration of these skill-sets. The modern seller needs to retain the strengths that make them so effective while building a consulting skill-set.
Here’s a sample of the skills we see as strengths in each model that need to be leveraged:
To be effective in today’s selling environment you need to leverage the best traits from both traditional product and professional services models. Let’s have a conversation about your team’s strengths and how they can build more sales consulting focused skills.