• Recent Posts: Influencer Relations

    Your pitch to analysts isn’t just about your solution

    Your pitch to analysts isn’t just about your solution

    In pitches to analysts, there are many conversations going on. At one level, there’s a communication about the business solution. There’s also a conversation about the wider market and about the personal credibility of the participants. Sometimes the slides used in pitches are just excuses for the interaction. The slides are used to assess both the market vision of the firm and the […]

    KPMG pushes out 451 in 2017 Strategy Analyst Firm Awards

    KPMG pushes out 451 in 2017 Strategy Analyst Firm Awards

    For the strategic heavy lifting, executives are reaching out to a very wide range of advisors. Gartner heads up the list when we look at the Analyst Value Survey data to find the analyst firms most valued by people who work on strategy. It creates almost 19% of all the value being produced by analyst services around strategy (If CEB, […]

    Save the date for our Analyst Firm Awards

    Save the date for our Analyst Firm Awards

    This year we’re publishing our analyst firm awards more or less monthly. Please put the dates in your diary. If you’re a subscriber to the Analyst Firm Awards, you can also access a webinar for each of these events, held on the final Thursday or each month. January – Global January 18 – Outstanding reports February 17 – Strategy March 15 – Internet […]

    IDC could flourish after IDG’s sale to Chinese consortium

    IDC could flourish after IDG’s sale to Chinese consortium

    As we predicted in our April Fool’s Joke last year, IDC has been sold as part of a Chinese-led purchase that leaves CEO Kirk Campbell at the helm. IDG Capital will take control of the IDG Ventures; China Oceanwide will control IDG and most of IDC, and an independent trustee will take control of IDC’s High Performance Computing (HPC) practice, […]

    Kea Company acquires UK analyst relations consultancy Active Influence

    Kea Company acquires UK analyst relations consultancy Active Influence

    Merger consolidates Kea Company’s position as world’s largest analyst relations consultancy January 19, 2017. London — Kea Company, the world’s largest analyst relations consultancy, today completed its acquisition of Active Influence. Founded in 2010, Active Influence has helped many of the world’s largest technology companies to gain measurable business benefit from their relationships with analyst firms. Founder Richard East has become […]

Training the sales reps: keep it simple, short, small words [Vendor Sales]

icon-dollar-euro.jpgOK, that title was not fair to the sales team, but it makes a good point about how to do training.  Often AR teams try to teach sales so much about analysts that they overwhelm them and miss the real point.

The sales team needs basic information about who the analysts really are, which ones you believe influence your revenues, and how to deal with both positive and negative commentary.  They should also understand how to feed information back to the AR team.  They don’t need extensive information, but material that is brief, understandable, and relevant.  Establishing a communications channel with sales is more important than the details.

AR teams should establish a formal training program for sales and find ways to weave it into various sales events.  For example, you might work a short session into the annual sales meeting or plan to rotate through district manager staff meetings.  In all cases maintain focus and keep it simple.

A sample agenda for the introductory training session (no more than one hour) might include:

  • Who are the IT industry analysts and how they work
  • How analysts impact the sales cycle
  • Synopsis of the analysts’ view of the company
  • How to respond to objections caused by the analysts
  • How to exploit positive analyst opinions
  • Sources for material and assistance (perhaps you have a portal or blog)
  • How to report information about analysts back to the AR team

After providing basic training for the sales team, then AR can then institute a series of very short 10-20 minute mini-sessions that can be done during regular sales training or sales weekly staff calls. An example topic that works in a mini-session is how to use a relevant Gartner Magic Quadrant as a sales tool. Beyond these mini-sessions, AR should also be aware when Sales conducts “new hire” training and work to get added to those agendas.

SageCircle Technique:

  • Develop a sales training program with materials
  • Establish a feedback process from sales to the AR Team
  • Create a repository for analyst information that is tuned for sales
  • Schedule short training sessions as part of sales events
  • Keep it simple and relevant to the needs of sales

Bottom Line: Analysts impact your revenues and a well trained sales staff can take advantage of their influence.  Knowing how to leverage positive commentary and mitigate negative reports is a key element in their sales toolbox.  Creating a feedback channel can provide metrics for AT Teams

Question: AR Teams:  Do you have a formal sales training?  When and how do you conduct it?

Don’t have a sales training program? SageCircle can help you build one – Our strategists can:

  • Conduct a AR-Sales Partnership Program Mini-Workshop to help you build a program
  • Discuss best practices for creating sales-related materials
  • Provide a complete and customized sales training program complete with introductory “boot camp” session and follow on mini-sessions

Visit http://www.sagecircle.com/ and click on Mini-Workshops to learn more about SageCircle’s services. Or, call 650-274-8309 to speak with a representative about how SageCircle can help you take your AR program to the next level.


4 Responses

  1. We were doing this systematically at some point, it’s very good for many reasons. I also have done several sales training using analysts for role plays and to help sales improving their competitive positioning through role plays. Very effective but needs to be carefully managed.

  2. Hi Ludovic, Thanks for the comment.

    You bring up one of the interesting points about the whole dynamic, which is the mulitple roles an analyst can play in the vendor sales dynamic. Besides being an influencer (good or bad depending on the situation), they can a trainer for the sales force, a source of competitive intelligence and a sales tool.

    Vendors would can get a competitive advantage if only AR and Sales collaborated.

  3. […] comfortable deal with the analysts in a way that will surely improve the overall relationship.  Sales can benefit significantly from education on how to leverage positive reports and mitigate any negative commentary.  This training should be […]

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