Sales enablement is the strategic, ongoing process of equipping sales teams with the content, guidance, and training they need to effectively engage buyers. Sales enablement analytics provide marketing and sales teams with data-driven insights to optimize their business and drive revenue. (HubSpot)
"65% of sales leaders who outperformed revenue targets have a dedicated sales enablement person or team, highlighting how an investment in a sales enablement team can lead to revenue growth." As per HubSpot 2021 Sales Enablement Report
Sales enablement may just seem like a fancy title for sales, but it's not. Sales enablement is a strategy that engages the right buyer, at the right time, with the right resources - and also focuses on guidance and training to continually optimize the strategy. Then layering on the key role that marketing plays in content creation, we really have a large process to manage.
Sales enablement for industrial manufacturers is similar to quality assurance. Quality assurance is the catalyst for producing quality throughput with materials and machines in your shop. Sales enablement is the catalyst for producing revenue with sales and marketing.
Just like a manufacturing line, in Sales and marketing enablement we have a start, and an end, and process and materials to create a final product. If we want to manufacture leads we need to get our process written our tools in place and train the teams and keep them connected. Nothing new to industrial organizations . However there is one nuance - is is an iterative process - it is never done. This process requires ongoing refinement and updates. The data insights we gather set us up to get better and better with each iteration. However, the "constant -ness" of doing sales and marketing enablement the right way can eventually create burnout and lack of interest if the team does not have buy in, or it is left for the sales guys to manage. It is a group effort for sure.
There is a way to set yourself up for success, and it is pretty easy to do, as long as you follow the process and stay focused. After all this process is how you manufacture your future revenue. Do not leave this up to serendipity.
In addition to the process above, consider these best practices specific to the industrial marketplace. Long sales cycles and multiple decision makers require you to engage on several levels and most importantly nurture and stay top of mind when you are in a lengthy sales cycle. Do not be forgotten!
Now that you have some fresh ideas, where will you start? If you need help with a plan, contact our team of experts to get started today.