Overcoming Challenges in Buyer Enablement: Strategies for Success
In the ever-evolving landscape of sales and marketing, Buyer Enablement has emerged as a critical strategy for organisations looking to engage with empowered buyers effectively. However, implementing Buyer Enablement is not without its challenges.
In this article, I explore the common challenges faced by organisations in implementing Buyer Enablement and provide practical strategies and tactics to overcome them. Additionally, I share real-world examples of successful implementations of Buyer Enablement to inspire and guide organisations on their journey towards success.
Understanding the Challenges
Implementing Buyer Enablement can be a daunting task for organisations, as it requires a fundamental shift in mindset, processes, and strategies. Some common challenges faced by organisations in implementing Buyer Enablement include:
1. Lack of Alignment Between Sales and Marketing
Often, organisations struggle to align their sales and marketing teams around a common set of goals and objectives. Misalignment between these teams can lead to disjointed messaging, inconsistent customer experiences, and missed opportunities.
2. Resistance to Change
Implementing Buyer Enablement requires organisations to embrace change and adopt new ways of working. However, resistance to change from employees and stakeholders can hinder progress and impede the successful implementation of Buyer Enablement initiatives.
3. Complexity of Buyer Journeys
Buyer journeys have become increasingly complex, with buyers engaging with organisations across multiple channels and touch-points. Navigating these complex buyer journeys can be challenging for organisations, as they must deliver consistent and personalised experiences at every stage of the journey.
4. Lack of Technology and Training
Many organisations struggle with outdated technology and inadequate training when implementing Buyer Enablement initiatives. Without the right tools and skills in place, organisations may find it difficult to effectively engage with buyers and deliver the personalised experiences they expect.
Overcoming the Challenges
While implementing Buyer Enablement may pose challenges, organisations can overcome these obstacles by adopting the following strategies and tactics:
1. Foster Alignment Between Sales and Marketing
To overcome the lack of alignment between sales and marketing, organisations should focus on fostering collaboration and communication between these teams. Establishing shared goals, implementing cross-functional workflows, and leveraging technology to facilitate alignment can help ensure that sales and marketing work together effectively towards common objectives.
2. Cultivate a Culture of Change
Overcoming resistance to change requires organisations to cultivate a culture that embraces innovation and continuous improvement. Leaders should communicate the benefits of Buyer Enablement and provide the necessary support and resources to enable employees to embrace change. Additionally, organisations should celebrate successes and recognise individuals and teams that embrace new ways of working.
Navigating complex buyer journeys requires organisations to invest in technology and training to equip their teams with the tools and skills they need to succeed. Implementing quality customer relationship management systems, marketing automation platforms, demo automation platforms, and sales enablement tools can help organisations streamline their processes and deliver personalised experiences to buyers. Additionally, providing ongoing training and professional development opportunities can ensure that employees have the knowledge and skills required to navigate complex buyer journeys effectively.
4. Embrace Data-Driven Insights
Leveraging data-driven insights is crucial for organisations looking to overcome challenges in Buyer Enablement. By analysing buyer behaviour, preferences, and engagement metrics, organisations can gain valuable insights into the effectiveness of their strategies and identify areas for improvement. Investing in analytics tools and establishing processes for data collection and analysis can help organisations make informed decisions and optimise their Buyer Enablement initiatives for success.
Real-World Examples
To illustrate the effectiveness of these strategies in overcoming challenges in Buyer Enablement, let's explore some real-world examples of successful implementations:
Alignment across the GTM functions
Think about a defined and agreed scope, aligned to GTM motions. A typical buyer journey mapped out allows for anticipation and preparation of appropriate Buyer Enablement assets. When viewed holistically as an "end-to-end campaign" from a Buyer's perspective we can start to break down the typical functional silos.
Adopting Change
Think about the culture within your own organisation and what change methods have previously or are likely to yield the best results.
What I have found to work would be a blend of approaches including the following:
Start with McKinsey 7-S model to break the change down into components, establish shared values, understand the internal stakeholder (staff) that will be influenced and, define your longer-term strategy (your Big Picture)
From your “Big Picture”, pick a segment of your GTM motions (e.g. product line, region, territory) to deliver small change in an agile manner.) and leverage Kotter's model to deliver tangible and successful outcomes. Fail early, fail often, but always fail forward and iterate to establish an MVP from which you can then look to scale more widely across your GTM portfolio.
With your 7-S core components defined, use Prosci's ADKAR model to help individuals across the team through the change process ensuing that the ability for Buyer Enablement is established and the continued value is reinforced.
Provision Technology and Training
Technology and training are a key enablement work-stream that I personally find fascinating. Focusing specifically on PreSales/Solution Engineering; understanding the skills and competencies of the broader team is essential. Not everyone has the skills for business storytelling, to be able to frame how technology enablers, inclusive with a demo, unfurl in an engaging and inspiring “short form”. Taking this short form story and digitising it into a small video, is another set of skills that may well need to be trained for.
With the staggering technological leaps made in the past year with Generative AI, the democratisation of content creation is very much upon us. The ability to simply create content has never been easier but I liken that to being easy access to musical instruments, just because it's there and you can make a noise from it, doesn't mean that you can play music that others would like to listen to.
Data Driven Insights
The controversial old quote goes, "what gets measured gets managed" however, just because you can, doesn't mean you should.
Data-driven insights from experiences within the buyer journey are something that should be measured. Traditionally, this is very subjective and can often come down to the power of persuasion and a game of chance on the sell side. Lots of time, effort and resources can be spent from both buying and selling groups trying to navigate the buyer's journey.
Understanding WHAT content you have, WHERE it is distributed and, HOW it is being consumed is hugely beneficial to determine engagement and interest across a dynamic and broad buying group. Using this data, you will become better informed, allowing you to have improved insights that should lead you to an increased understanding for the next best action(s) of your buyer enablement activities.
Conclusion
As I conclude my exploration of challenges in Buyer Enablement and strategies for success, it becomes clear that while implementing Buyer Enablement may pose challenges, organizations can overcome these obstacles by fostering alignment between sales and marketing, cultivating a culture of change, investing in technology, and training, and embracing data-driven insights. By adopting these strategies and learning from real-world examples of success, organizations can navigate the complexities of the modern marketplace with confidence and drive meaningful outcomes for their businesses.
In the upcoming articles of this series, I will delve deeper into the practical aspects of implementing Buyer Enablement. Join me as I continue to unravel the complexities of Buyer Enablement and unlock new opportunities for growth and innovation.