Unlock Your Sales Potential with B2B Sales Enablement: Best Practices and Common Failures

February 21, 2019

In today's business world, sales enablement has become an essential part of the sales process. It is a strategy that helps sales teams better prepare and execute their sales efforts, and ultimately drive more revenue. B2B sales enablement, in particular, refers to the tools and techniques used by sales teams to sell to other businesses.

Effective sales enablement can lead to increased sales productivity, better customer relationships, and overall business growth. However, there are also common failures in the implementation of sales enablement that can hinder these desired outcomes. In this article, we will discuss best practices for b2b sales enablement, as well as common failures that can occur and the impact they have on sales teams. We will also introduce Xantage, a scalable competitive enablement software that can help businesses address these common failures.

What is B2B Sales Enablement?

B2B sales enablement refers to the tools and techniques that sales teams use to sell to other businesses. This can include a wide range of activities, such as training, marketing materials, sales collateral, and sales tools. The goal of b2b sales enablement is to help sales teams effectively communicate the value of a product or service to potential customers, and ultimately close more deals.

Why is B2B Sales Enablement Important?

B2B sales enablement is important for a number of reasons. Firstly, it helps sales teams better understand the needs and challenges of their potential customers. By having a deep understanding of the customer's business, sales teams can tailor their sales approach to better address their needs and pain points.

Secondly, b2b sales enablement helps sales teams stay organized and efficient. By providing sales teams with the tools and resources they need, they can spend less time searching for information and more time selling. This can lead to increased sales productivity, which can ultimately drive more revenue for the business.

Finally, b2b sales enablement can help build better relationships with customers. By providing sales teams with the resources they need to effectively communicate the value of a product or service, they can create a more personalized and engaging sales experience for potential customers. This can lead to stronger customer relationships and loyalty, which can have a positive impact on the business's bottom line.

Best Practices for B2B Sales Enablement

There are several best practices that businesses should follow when implementing b2b sales enablement:

1) Align Sales and Marketing: It is important for sales and marketing teams to work together in order to effectively execute sales enablement. Marketing should provide sales teams with the resources and materials they need to sell effectively, while sales should provide feedback on what works and what doesn't. By aligning sales and marketing, businesses can better ensure that the resources and materials provided to sales teams are relevant and effective.

2) Personalize the Sales Approach: One of the key benefits of b2b sales enablement is the ability to tailor the sales approach to the specific needs and challenges of a potential customer. Sales teams should use the resources provided by marketing to better understand the customer's business and craft a personalized sales pitch.

3) Use Data and Analytics: Data and analytics can be powerful tools in b2b sales enablement. By tracking key metrics such as sales conversion rates, sales teams can identify areas for improvement and optimize their sales approach accordingly.

4) Provide Ongoing Training and Support: Sales teams should receive ongoing training and support in order to stay up-to-date on the latest tools and techniques in b2b sales enablement. This can help sales teams stay motivated and engaged, and ultimately drive better results.

Common Failures in B2B Sales Enablement

Despite its potential benefits, b2b sales enablement is not always successful. Here are some common failures that businesses may encounter:

1) Lack of Alignment Between Sales and Marketing: One common failure in b2b sales enablement is a lack of alignment between sales and marketing teams. When these two teams are not working together effectively, it can lead to sales teams not having access to the resources and materials they need to sell effectively. This can hinder sales productivity and ultimately have a negative impact on revenue.

2) Ineffective or Outdated Sales Collateral: Another common failure is the use of ineffective or outdated sales collateral. If sales teams are not provided with relevant and engaging materials, they may struggle to communicate the value of a product or service to potential customers. This can lead to fewer sales and a negative impact on revenue.

3) Poorly Trained Sales Teams: A lack of ongoing training and support for sales teams can also lead to b2b sales enablement failure. Without the necessary training and support, sales teams may struggle to effectively use the tools and resources provided to them, leading to lower sales productivity and revenue.

4) Lack of Customization: While personalization is a key aspect of b2b sales enablement, a failure to truly customize the sales approach can also lead to failure. If sales teams are not able to tailor their pitch to the specific needs and challenges of a potential customer, they may struggle to close deals.

The Impact of B2B Sales Enablement Failures on Sales Teams

The impact of b2b sales enablement failures can be significant, particularly for sales teams. When sales enablement efforts are not successful, it can lead to decreased sales productivity and revenue. This can lead to frustration and demotivation among sales teams, as they struggle to achieve their sales goals.

In addition, sales teams may feel disconnected from the rest of the business if they do not have access to the resources and support they need. This can lead to a lack of engagement and morale among sales teams, which can ultimately impact the overall success of the business.

Read also: Unlock Your Sales Potential with B2B Sales Enablement: Best Practices and Common Failures

Xantage: A Solution to Common B2B Sales Enablement Failures

Xantage is a scalable competitive enablement software that automates competitive data directly to product experts and delivers competitive content through on-demand micro learning. As such, it is well-equipped to address the common failures listed above.

Firstly, Xantage can help address the issue of a lack of alignment between sales and marketing teams by providing a centralized platform for both teams to access and share competitive data and content. This can help ensure that sales teams have access to the resources and materials they need to sell effectively, while also allowing marketing to track the impact of their efforts.

In terms of ineffective or outdated sales collateral, Xantage can help by providing sales teams with access to real-time competitive data and content. This can help sales teams stay up-to-date on their competitors and provide more relevant and engaging pitches to potential customers.

Xantage can also address the issue of poorly trained sales teams by providing on-demand micro learning opportunities. This can help sales teams stay up-to-date on the latest competitive information and techniques, leading to increased sales productivity and revenue.

Finally, Xantage can help address the issue of a lack of customization by providing sales teams with access to real-time competitive data and content. This can help sales teams tailor their pitch to the specific needs and challenges of a potential customer, leading to more successful sales efforts.

Overall, Xantage can help businesses address common failures in b2b sales enablement by providing a centralized platform for sales and marketing teams to access and share competitive data and content, as well as by providing on-demand micro learning opportunities to help sales teams stay up-to-date and improve their sales skills.

Conclusion

B2B sales enablement is an essential part of the sales process, helping sales teams better understand their potential customers and drive more revenue. However, there are common failures that can occur, such as a lack of alignment between sales and marketing, the use of ineffective sales collateral, and a lack of ongoing training and support for sales teams. These failures can have a significant impact on sales teams and ultimately hinder the overall success of the business.

By following best practices such as aligning sales and marketing, personalizing the sales approach, and using data and analytics, businesses can better ensure the success of their b2b sales enablement efforts. Additionally, using a tool like Xantage can help address common failures and improve overall sales enablement efforts. By taking these steps, businesses can drive better results and achieve their sales goals.

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