• Recent Posts: Influencer Relations

    Top ten global analysts: 2016’s outstanding research

    Top ten global analysts: 2016’s outstanding research

    2016 produced some outstanding analyst research. We’ve picked the best articles from each of the world’s ten leading analysts firms, as ranked in the 2017 Analyst Firm Awards. Together they show how diverse analysts’ most compelling content can be, including deep quantitative research into mature markets, like cellphones; pointed competitive insight into corporate changes, like Dell’s integration of EMC, and […]

    IDC overtakes HfS in 2017 global Analyst Firm Awards

    IDC overtakes HfS in 2017 global Analyst Firm Awards

    Gartner and Forrester’s leadership is no surprise, but this year IDC has won back third place in our annual Analyst Firm Awards, pushing HfS Research into a still-impressive fourth place. PAC and Ovum have also risen substantially this year, rounding out the top six. In last year’s awards, we saw that firms that could create business leads for their clients […]

    Analyst Value Survey shows deeper frustration with industry analysts

    Analyst Value Survey shows deeper frustration with industry analysts

    I’ve been in New York this week discussing the Analyst Value Survey with both Kea clients and industry analysts. The 2017 report will be available early in January, but the responses show that many users of analysts’ services are reaching out to more firms than before, and are gathering quite uneven value. Firstly, the good news is that many users […]

    Webinar: Survey shows new risks for analyst relations

    Webinar: Survey shows new risks for analyst relations

    A first glance at the Analyst Value Survey shows new risks emerging for analyst relations professionals. We’re hosting a webinar on November 30 to hear how leading AR professionals are responding to them, and what the best practice is for your analyst relations program. Three risks stand out massively. First, there a big gap between the firms that vendors think […]

    Vendors’ five key thoughts about analyst firms

    Vendors’ five key thoughts about analyst firms

    Five things stand out from vendors’ responses to a survey we conducted after our Analyst Relations roundtable at the English Speaking Union. Analysts (including analysts who call themselves consultants or advisors) are often thought to have bias, especially if most of their revenue comes from vendors. Sometimes the effort put into staying informed makes analysts seem very process-driven but less […]

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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