Latest / What is Business Development? / Episode 156: “Buyer Sense Conversations” with Petra Wagner
Transcript
- 0:03Speaker 1: Welcome to the Business Development Podcast, brought to you by
- 0:07Speaker 1: the Global Business Development Association, delivering the strategies and tactics
- 0:12Speaker 1: to boost your career and corporate growth.
- 0:21Speaker 2: Hello, BD pros, and welcome to the BD Podcast. It's
- 0:25Speaker 2: the official business development podcast of GBDA, the Global Business
- 0:29Speaker 2: Development Association. And today we have our guest author, Petra Wagner.
- 0:33Speaker 2: who's here with us today. And folks, let me ask
- 0:36Speaker 2: you a quick question. What happens when modern selling no
- 0:40Speaker 2: longer matches how decisions are actually made? Well, in complex
- 0:44Speaker 2: B2B environments, decisions rarely fail in the meeting. They fail afterward.
- 0:49Speaker 2: Inside internal conversations, sellers never see. The stakeholders disagree and
- 0:55Speaker 2: risk feels personal. Information overwhelms rather than clarifies. And even
- 1:00Speaker 2: strong solutions collapse. under the weight of uncertainty. Well, you
- 1:05Speaker 2: know what's not uncertain is the data and the information
- 1:08Speaker 2: and tactics, operations, and strategy we have in the business
- 1:12Speaker 2: development body of knowledge. This is the official guidebook for
- 1:17Speaker 2: the business development profession. Once you read the book, you
- 1:21Speaker 2: can then go to the GBDA website at gbdassociation.org to
- 1:27Speaker 2: learn more about how you can get your business development
- 1:31Speaker 2: Professional Certification. Okay, so let's talk about our guest author's
- 1:37Speaker 2: new book. It's called Buyer Sense Conversations. And a little
- 1:43Speaker 2: bit about Petra. Petra Wagner has two decades inside enterprise organizations,
- 1:50Speaker 2: including leadership roles at IBM and Microsoft. And in those roles,
- 1:54Speaker 2: Petra found herself sitting on the other side of the
- 1:58Speaker 2: table as the buyer. And what she experienced there reshaped
- 2:02Speaker 2: how she understands B2B sales. Buyers are not stalling because
- 2:07Speaker 2: they lack information. They are stalling because no one is
- 2:10Speaker 2: helping them make sense of it. And so in Petra's book,
- 2:15Speaker 2: Buyer Sense Conversations, how founders help buyers make confident decisions
- 2:20Speaker 2: in complex B2B deals. It's not another sales methodology book.
- 2:26Speaker 2: It's a shift in role. In this book, Petra introduces
- 2:30Speaker 2: a practical structured framework built around one core idea. Progress
- 2:35Speaker 2: happens when buyers feel clear enough to move. She outlines
- 2:39Speaker 2: the seven buyer sense stages, and I'm sure we'll talk
- 2:43Speaker 2: about that here in the podcast. And those stages help
- 2:48Speaker 2: show how B2B sellers can stabilize decisions instead of pressuring them.
- 2:55Speaker 2: It offers a way to lead conversations that create confidence,
- 2:58Speaker 2: Because clarity is not a feature of the sale. It
- 3:01Speaker 2: is the condition for it. So with no further ado,
- 3:05Speaker 2: let's welcome Petra Wagner to the show. Petra, welcome.
- 3:09Speaker 3: Hello. Thank you for having me.
- 3:11Speaker 2: Well, it's great to have you on the show, Petra.
- 3:13Speaker 2: Thank you so much. And Petra, I always like to
- 3:16Speaker 2: start off with the first question for our authors, which
- 3:18Speaker 2: is how did you get into the business development profession
- 3:21Speaker 2: and why did you write the book?
- 3:24Speaker 3: Basically, I entered through IBM. So my career started with
- 3:29Speaker 3: IBM as a student. And then I was having, like
- 3:32Speaker 3: you said, the leadership and different other roles. I was
- 3:36Speaker 3: also participating in IBM Global Sales Schools and so on
- 3:40Speaker 3: and so forth. So then I moved to Microsoft, another
- 3:43Speaker 3: big corporation, having all the sales programs and leadership programs
- 3:47Speaker 3: and mentorship and, you know, talents and so up and
- 3:51Speaker 3: so down. So basically through the corporations. And I was
- 3:55Speaker 3: a sociologist by education and pedagogue by education. So I
- 3:59Speaker 3: was somehow always through the experience trying to combine knowledge,
- 4:04Speaker 3: to transfer this knowledge, to educate, let's say, newcomers, new hires.
- 4:09Speaker 3: I was also leading some program for social selling. So
- 4:12Speaker 3: this teaching or transforming part was always in my DNA.
- 4:19Speaker 3: So that's why business development as well.
- 4:23Speaker 2: Oh, that's great. That's great. And so I like the
- 4:26Speaker 2: fact that you were always in this kind of a role,
- 4:29Speaker 2: a mindset of what kind of processes, what kind of
- 4:34Speaker 2: support mechanisms, what kind of methodologies can you implement? And
- 4:38Speaker 2: so I like that because as business developers, we're not
- 4:41Speaker 2: just the doers, we're actually the folks that help implement
- 4:46Speaker 2: a lot of the processes and improve those processes on
- 4:50Speaker 2: the back end. That the buyer never really sees. And
- 4:55Speaker 2: so I'm excited about getting into the book and let's
- 4:59Speaker 2: talk about it, folks. And again, the new book from
- 5:02Speaker 2: Petra is Buyer Sense Conversations. It's available on Amazon. Why
- 5:09Speaker 2: don't you go over there while you're listening to us
- 5:10Speaker 2: talk and grab yourself a copy. And Petra, why don't
- 5:13Speaker 2: we start off with the number one top takeaway from
- 5:17Speaker 2: your book? What's the first takeaway?
- 5:19Speaker 3: So basically, I wrote this book for founders, right? Because
- 5:23Speaker 3: they were never trained to sell, yeah? And while working
- 5:25Speaker 3: with all those corporations, I was also on the buyer side.
- 5:28Speaker 3: So after those IBM, I have to give a little
- 5:31Speaker 3: bit of context, then I will go to the tactics.
- 5:33Speaker 3: So basically, I moved from corporation to being an enterprise buyer,
- 5:36Speaker 3: to take decision, being part of the board. So I
- 5:39Speaker 3: saw how buying happened. And again, I aligned the structures
- 5:43Speaker 3: and system, as you said previously, to what I knew
- 5:46Speaker 3: from 18 years of selling, to how the buying actually happens.
- 5:52Speaker 3: And then I had a lot of meetings with people
- 5:54Speaker 3: who want to sell me something, also startup founders. And
- 5:58Speaker 3: they were never trained to sell. They know their product
- 6:01Speaker 3: because they're in love with it, but that's it. So listening,
- 6:05Speaker 3: having those meetings, presenting me features and functions and not
- 6:09Speaker 3: really taking care about how I will defend this solution,
- 6:12Speaker 3: how I will implement this inside my organization, how they
- 6:16Speaker 3: can help me shape stakeholder insight and this common sales
- 6:20Speaker 3: knowledge that is there already. I was thinking, okay, how
- 6:23Speaker 3: can I bring this knowledge to people who were never
- 6:26Speaker 3: trained how to sell and they don't have opportunity to
- 6:30Speaker 3: go to IBM Global Sales School or whatever experience to
- 6:34Speaker 3: take 18 years. So that's why I wrote, let's say,
- 6:37Speaker 3: the book for them when I was listening to them.
- 6:40Speaker 3: So now I work for four years almost practically on that,
- 6:45Speaker 3: how to help them make their business grow. And the first, actually,
- 6:51Speaker 3: the first giveaway that is practical for them is actually
- 6:58Speaker 3: don't map the pain. Yeah, we were always learning, yeah,
- 7:02Speaker 3: it's a pain, give them the pill, you have to
- 7:03Speaker 3: find the pain. Map the workflow. Yeah, this is the
- 7:07Speaker 3: one thing because the pain is like you come to
- 7:10Speaker 3: the doctor, you give them the pill for the pain,
- 7:12Speaker 3: but the workflow behind the organization so political exposure or
- 7:16Speaker 3: personal risk of the person it's somewhere there it stays
- 7:20Speaker 3: so i said don't ask questions like or don't respond
- 7:25Speaker 3: to the sentences like the process is too slow or
- 7:28Speaker 3: we need automation that's true that's just the symptom yeah
- 7:33Speaker 3: what is the system thinking behind that it's like all
- 7:36Speaker 3: right if the process is too slow then Let's find
- 7:39Speaker 3: out which three disconnect steps cause this delay. So let's
- 7:43Speaker 3: go back and try to diagnose. Now, not only with
- 7:47Speaker 3: the champion that you have in front of you, but
- 7:50Speaker 3: also with the other stakeholders because they have pains too
- 7:53Speaker 3: and they are interconnected because we read, you know, 17, 18,
- 7:57Speaker 3: 1 to 18 stakeholders or decision maker will make a decision.
- 8:02Speaker 3: One is not enough. So let's go and work through
- 8:05Speaker 3: the workflow to map the system, not only this one symptom.
- 8:12Speaker 3: So not just release the pain, but try to understand
- 8:16Speaker 3: the workflow, the business behind, the stakeholders behind. Don't match
- 8:20Speaker 3: features functions, but that's not enough. So the first actually
- 8:26Speaker 3: tactic would be map the workflow, not the pain. And
- 8:30Speaker 3: in the book, I also explain how. So with the questions,
- 8:33Speaker 3: what triggers the process, where does the first breakdown occur?
- 8:38Speaker 3: Let's say, what happens next? Tell me step by step,
- 8:41Speaker 3: dear my customer. What happens downstream? Who will absorb the friction?
- 8:47Speaker 3: What becomes unpredictable? So try to understand the process overall
- 8:51Speaker 3: and connect the dots before.
- 8:54Speaker 2: Yeah, I like this, Petra. I like what you're saying because, well,
- 8:58Speaker 2: let's first back up. Some of the folks listening to
- 9:01Speaker 2: this show, they're business developers and they're thinking, okay, this
- 9:04Speaker 2: is a discussion about founders and how founders can do
- 9:08Speaker 2: a better job of being successful in business development. And
- 9:12Speaker 2: I'll say that a lot of founders came from business development.
- 9:18Speaker 2: So if you're a business developer there right now, maybe
- 9:21Speaker 2: you're in a large organization, someday you probably will become
- 9:25Speaker 2: an entrepreneur. You will probably become a founder. And so
- 9:30Speaker 2: what you learn in business development will apply, but there
- 9:34Speaker 2: are slight differences when you actually become the founder. And
- 9:39Speaker 2: the other thing too, is there may be business developers
- 9:42Speaker 2: out there who are in a startup and they are,
- 9:46Speaker 2: or they are just hired into a startup or an
- 9:49Speaker 2: enterprise that was really founder-led growth. And so helping coach
- 9:55Speaker 2: that founder to, first of all, understand that they have
- 10:00Speaker 2: to be process-oriented and that process orientation needs to be
- 10:05Speaker 2: founded in the problems. And so many folks say, start
- 10:10Speaker 2: off with your ideal customer profile and then move on
- 10:13Speaker 2: from there as kind of their first takeaway. But I
- 10:15Speaker 2: like what you're saying is focus on the process. And
- 10:18Speaker 2: now we should also add that this is in the
- 10:20Speaker 2: context of complex B2B enterprise business development. This is not
- 10:26Speaker 2: high volume, say software as a service where you're doing
- 10:29Speaker 2: a lot of cold outbound calls. These are relationships, complex
- 10:33Speaker 2: discussions where you're engaging with your prospects in thoughtful discussion
- 10:39Speaker 2: and really trying to understand that buying committee, what's important
- 10:43Speaker 2: to them, where their problems are in the process. And
- 10:47Speaker 2: so I like where you're starting off with all of this, Petra.
- 10:50Speaker 2: And folks, again, we're talking about Petra's new book. It's
- 10:53Speaker 2: called Buyer Sense Conversations. Grab this copy for yourself on Amazon. Okay, Petra,
- 10:59Speaker 2: let's move to the takeaway number two. We talked about
- 11:03Speaker 2: process orientation with a focus on the problem. Where do
- 11:07Speaker 2: we go to next?
- 11:09Speaker 3: Yeah, the next that I also saw from the practice
- 11:11Speaker 3: when I was a buyer and also now I'm working
- 11:14Speaker 3: with different sellers, giving up new products in big enterprise
- 11:18Speaker 3: organization as well, you know, because it's something new in
- 11:20Speaker 3: the market. It's actually they would like to go with
- 11:23Speaker 3: features and functions by default. Yeah, let's reveal the consequences
- 11:28Speaker 3: without creating some pressure. So how can we, you know,
- 11:31Speaker 3: talk about risk of doing nothing, the cost of doing nothing?
- 11:36Speaker 3: What breaks next? Who absorbs the impact? When this happens,
- 11:40Speaker 3: what breaks first? What becomes, let's say, harder or more
- 11:44Speaker 3: expensive if you don't do nothing or if you continue
- 11:48Speaker 3: to do so, or if you will bring the manual
- 11:51Speaker 3: solution or some other, not ours, let's say, solution? Which
- 11:55Speaker 3: business or leadership deadline does not, let's say, eventually will
- 12:00Speaker 3: be affected by that? So there are different angles of
- 12:05Speaker 3: questions not to be pushy. I know that we are
- 12:09Speaker 3: in a global world, so cultural ideas and culture is
- 12:15Speaker 3: really important. Maybe you can be more pushy on one
- 12:17Speaker 3: part or one industry and less on the other. I
- 12:21Speaker 3: saw this while working in the corporations. So that's why
- 12:25Speaker 3: I always say, okay, feel the customer, but try not
- 12:29Speaker 3: to be pushy because we are all offended. So reveal
- 12:32Speaker 3: the consequence for them, the impact that they will have
- 12:36Speaker 3: without creating that pressure. And then you will, as a
- 12:41Speaker 3: business development manager, you will be actually released because people
- 12:46Speaker 3: have a negative connotation and we are afraid to challenge
- 12:50Speaker 3: or disturb the customer, how I call it, because we
- 12:53Speaker 3: have this connotation. I don't want to be pushy. I
- 12:55Speaker 3: don't want to be pushy. You don't need to be pushy.
- 12:58Speaker 3: Just reveal the consequences. It's their business. You are helping
- 13:02Speaker 3: them grow. So you are a good person.
- 13:06Speaker 2: Yeah, I like this. And I often mention on this
- 13:10Speaker 2: podcast kind of the concept that business developers, we're like lifeguards.
- 13:16Speaker 2: We're not there running around the beach where people are
- 13:18Speaker 2: calmly suntanning and enjoying their time on the beach with family.
- 13:21Speaker 2: We are looking out on the horizon. We are looking
- 13:24Speaker 2: out for people in distress and we swim out there
- 13:26Speaker 2: and we save them. This is what we do.
- 13:28Speaker 3: We're lifesavers.
- 13:29Speaker 2: And so having that frame of mind, I really like
- 13:33Speaker 2: what you're saying here, because in the initial takeaway, it's
- 13:35Speaker 2: understanding the process, understanding where the pain is. But in
- 13:39Speaker 2: key takeaway number two, it's really quantifying it, you know,
- 13:44Speaker 2: and really coming to a sense of agreement with your buyer,
- 13:50Speaker 2: with your prospects, sitting down with them and all the
- 13:53Speaker 2: different members of the buying committee, the decision maker, the
- 13:55Speaker 2: economic buyer, the champions, the influencers. and really understanding what
- 14:01Speaker 2: does this mean? Well, let's take a step back. Okay.
- 14:04Speaker 2: We took, you guys agreed that these are your problems,
- 14:09Speaker 2: but it's costing you a million dollars a year. If
- 14:11Speaker 2: you don't fix this, does everybody agree? It costs a
- 14:14Speaker 2: million dollars.
- 14:15Speaker 3: Yes.
- 14:15Speaker 2: Everybody agrees. Okay. So, you know, now we've all come
- 14:20Speaker 2: to an agreement on where the problems are and What
- 14:24Speaker 2: does that mean for the organization? Now, it could be
- 14:27Speaker 2: dollar value. It could be time lost. It could be
- 14:30Speaker 2: loss in quality, customer experience. All of these things, right, Petra,
- 14:34Speaker 2: you're saying, let's just get those on the board and
- 14:37Speaker 2: come to a consensus on where these problems are, right?
- 14:41Speaker 3: Exactly, exactly. And let's align them. Yeah, we need to
- 14:45Speaker 3: align them.
- 14:47Speaker 2: Well, you know, and that's a great point, too, is
- 14:49Speaker 2: the alignment. Because oftentimes, the members of the buying committee say,
- 14:53Speaker 2: are in their own silos. The decision maker may not
- 14:56Speaker 2: see what the influencer sees. The influencer may not have
- 15:00Speaker 2: visibility into what is in the mind of the decision maker.
- 15:04Speaker 2: So I really like what you're saying here is bring
- 15:07Speaker 2: them all to consensus. Get them on the same sheet
- 15:10Speaker 2: of music. And folks, I've been in this situation before,
- 15:13Speaker 2: and that is value add that you're providing to your prospects.
- 15:19Speaker 2: You're essentially... providing free consulting to them. You know, there's
- 15:23Speaker 2: value there where they all, the light bulb comes on
- 15:26Speaker 2: for all of them and they go, oh my goodness,
- 15:28Speaker 2: we never discovered this problem before. We never actually sat
- 15:30Speaker 2: around the table and realized this. Thank you, Petra, for
- 15:34Speaker 2: coming to, you know, getting us to all understand that
- 15:37Speaker 2: there's a problem here. They start to realize that you're
- 15:40Speaker 2: delivering value to them just in the prospecting process, just
- 15:44Speaker 2: in the engagement process. They haven't even paid you for
- 15:47Speaker 2: anything yet, but you're actually delivering a lot of value, right?
- 15:51Speaker 3: And that's why in the name of business development manager,
- 15:54Speaker 3: it's not just developing the business you are selling. Business
- 15:57Speaker 3: development can be also helping them develop the business. So
- 16:00Speaker 3: it's a holistic name.
- 16:03Speaker 2: Yes, it is. I love that. Yeah, business development. There's
- 16:10Speaker 2: a double entendre there, and I like how you identified that.
- 16:14Speaker 2: So great. Okay, let's keep doing business development here, Petra,
- 16:18Speaker 2: and let's move on. to the third key takeaway. And again, folks,
- 16:22Speaker 2: we're talking about Petra's new book, Buyer Sense Conversations. All right, Petra,
- 16:29Speaker 2: let's bring it home here on takeaway number three. What
- 16:32Speaker 2: do you have?
- 16:34Speaker 3: Yeah, I have prepared the buyer for the meeting you
- 16:36Speaker 3: will never attend. Meaning, yeah, your buyers in majority were
- 16:42Speaker 3: never trained to sell, right? So the CFO, the IT,
- 16:45Speaker 3: the HR, I don't know to whom is your primary buyer.
- 16:49Speaker 3: they were never trained to sell, but inside organization, my,
- 16:53Speaker 3: my biggest, let's say reveal when, when I was a
- 16:56Speaker 3: buyer was when I had to sell to my CFO,
- 16:59Speaker 3: a project that we will do in my, under, under
- 17:02Speaker 3: my jurisdiction. Yeah. And after 18 years of selling, I thought,
- 17:07Speaker 3: come on. And I was in, you know, I was
- 17:10Speaker 3: above him. He was reporting to me somehow because I
- 17:12Speaker 3: was a board. He was a director, but it's, I
- 17:16Speaker 3: didn't approach like that, but this is the logic behind.
- 17:19Speaker 3: I still have to sell to him. That's the point
- 17:22Speaker 3: I want folks to remember, yeah? To sell or to
- 17:25Speaker 3: get them aligned with me. So I have to tell
- 17:28Speaker 3: him in the way that he will be fine. There
- 17:31Speaker 3: must be something in it for him. That's why I
- 17:34Speaker 3: say this is the double sell. And our outside VDMs
- 17:38Speaker 3: needs to rethink that their champion will need to sell,
- 17:42Speaker 3: however we call it, yeah? Justify it. their project. So
- 17:49Speaker 3: prepare this buyer for the meeting you will never attend
- 17:53Speaker 3: because buyers give you, I don't know, I read somewhere
- 17:56Speaker 3: 70% of their time or something like that. All the rest,
- 17:59Speaker 3: they are firing, hiring, doing their business, having their other priorities.
- 18:03Speaker 3: You are somewhere there, like it or not. So you
- 18:07Speaker 3: better prepare them to take this as their own. Know
- 18:11Speaker 3: what means to take them from point A to point B.
- 18:13Speaker 3: What consequences these have for the full surround and to
- 18:16Speaker 3: be able to align them. So the tactic number three
- 18:20Speaker 3: is prepare the buyer for the meeting. You will never attend. Yeah.
- 18:25Speaker 2: Okay. So this is great because we've rarely talked about
- 18:29Speaker 2: this tactic or takeaway on the podcast and it's so
- 18:33Speaker 2: critical and it's about enabling your champions to do the
- 18:39Speaker 2: selling for you really. And the internal discussions, So that
- 18:43Speaker 2: they can really be effective champions for you as a
- 18:47Speaker 2: fellow business developer, somebody that advocates for you. And again,
- 18:52Speaker 2: I've said this many times on the show, folks, the
- 18:56Speaker 2: textbook definition of business development is customer and community advocacy
- 19:00Speaker 2: that creates corporate growth. And that's a double entendre. The
- 19:04Speaker 2: obvious meaning of that definition is we do business development
- 19:09Speaker 2: in the community and We convert those prospects into customers.
- 19:14Speaker 2: The flip side of that is that when you deliver
- 19:18Speaker 2: great value to your prospects and your customers, they become
- 19:22Speaker 2: advocates for you. And when they do that, they're essentially
- 19:26Speaker 2: selling and they're telling their friends, they're telling their colleagues
- 19:30Speaker 2: at work. And so this is great, Petra, because it's
- 19:33Speaker 2: a perfect example of that double entendre is enabling those
- 19:37Speaker 2: champions to be advocates for you. Can you just, we
- 19:40Speaker 2: have a few more minutes left. Can you just tell
- 19:42Speaker 2: folks a little bit about how do you actually enable
- 19:45Speaker 2: those champions to be strong advocates for you inside those
- 19:50Speaker 2: discussions that you're never present at?
- 19:54Speaker 3: Yeah, actually, there is a methodology or how we call
- 19:57Speaker 3: it steps that are connected to somehow emotional states that
- 20:01Speaker 3: we see buyers going through because we have fear of
- 20:04Speaker 3: failure as a buyer. Some stuff are going on as
- 20:07Speaker 3: a person because we are all human beings. So there
- 20:10Speaker 3: are seven steps process. First, of course, you orient when
- 20:13Speaker 3: you do the prospecting. Then you decode this problem with them.
- 20:17Speaker 3: So you come to the same understanding of the business
- 20:20Speaker 3: from his side and your side. Then you start disturbing
- 20:23Speaker 3: or maybe, you know, you heard the word challenge yourself,
- 20:26Speaker 3: challenging them. Just disturbing is a little bit softer. And
- 20:30Speaker 3: it's on the third step because I don't want to
- 20:33Speaker 3: be pushy and it's a little bit more psychological. So
- 20:36Speaker 3: it's this disturbing attitude. Do you think it's this happening
- 20:39Speaker 3: to you as well? We see this around, we saw
- 20:42Speaker 3: this and this and this impact and so on. So
- 20:44Speaker 3: you disturb to move them, to move them to innovate.
- 20:47Speaker 3: And then you have the reframe. So we align and
- 20:50Speaker 3: we will go. And now we are at the stage
- 20:53Speaker 3: that we need to align all the others. Of course,
- 20:55Speaker 3: it's good that this happening side by side, not separate,
- 20:59Speaker 3: only with one champion. But it has to be through
- 21:02Speaker 3: each step with each of the champion that you have
- 21:05Speaker 3: or each of the persona, each of the stakeholders, however
- 21:07Speaker 3: we want to call it. So once we reframe what
- 21:10Speaker 3: we are solving, actually, for this workflow, for this system,
- 21:14Speaker 3: not just symptoms, we now go and align our people.
- 21:19Speaker 3: So aligning them in personal meeting, face-to-face, of course, always
- 21:24Speaker 3: the best. Online with video, second best. You know, answering
- 21:30Speaker 3: while demoing, trialing, showing super great, spending time with each
- 21:36Speaker 3: of them separately, connecting, reading what other people are doing.
- 21:41Speaker 3: And of course we can do this with AI. We
- 21:44Speaker 3: can check what Claude, Chad, GPT, Gemini, I don't know,
- 21:48Speaker 3: whoever is telling us about their business. So there are
- 21:51Speaker 3: so many signals that you can get and prepare yourself
- 21:54Speaker 3: before walking into the company or before having information. Also,
- 21:59Speaker 3: one important thing to prepare is what they know about
- 22:02Speaker 3: you already, you and your organization and your product. Even
- 22:05Speaker 3: though you may not agree what they found on Reddit
- 22:08Speaker 3: or what ChatGPT will tell them, you will be at
- 22:10Speaker 3: least able to handle those objections properly. So do that
- 22:14Speaker 3: because now buyers are even more knowledgeable. So you have
- 22:19Speaker 3: to do this prep as well. And once you align
- 22:22Speaker 3: all those stakeholders, together, so you see what pain has
- 22:27Speaker 3: a CFO, what pain has, let's say, the IT director,
- 22:31Speaker 3: the controlling, the HR, depends who needs to decide, in
- 22:36Speaker 3: their own words, then you have to mobilize them and
- 22:40Speaker 3: move them so the deal will close, the project will
- 22:43Speaker 3: start and end, that they will see consequences because this is,
- 22:46Speaker 3: you know, the change, the transformation, if you want to
- 22:49Speaker 3: call it. And even though we come to the closing
- 22:52Speaker 3: of the businesses in the consumption economy, they need to
- 22:56Speaker 3: consume still. In SaaS business, even more. So you have
- 23:01Speaker 3: to be present there as well. So I would start
- 23:05Speaker 3: with Orient and Decode and then Disturb. Reframe everything together.
- 23:11Speaker 3: Align them with different signals we have available. Depends on
- 23:14Speaker 3: the business you are. And then make them prioritize why now,
- 23:20Speaker 3: not somewhere else. you know, somewhere in the future and
- 23:24Speaker 3: mobilize them to do and show the value all the time.
- 23:29Speaker 3: That's it. In short.
- 23:31Speaker 2: Yeah, that's great. That's great. So again, folks, those seven
- 23:34Speaker 2: buyer sense stages are orient, decode, disturb, reframe, align, prioritize,
- 23:43Speaker 2: and mobilize. And you may be thinking, wow, okay, that's
- 23:46Speaker 2: so much. I need to learn more about each one
- 23:49Speaker 2: of these. Well, if you do, then go to Amazon,
- 23:52Speaker 2: get yourself a copy of Buyer Sense Conversations. And Petra,
- 23:56Speaker 2: I'm just going to summarize the top three takeaways we
- 23:59Speaker 2: talked about today. The first takeaway was map the workflow,
- 24:03Speaker 2: not the pain. All right, you'll understand how the decisions
- 24:08Speaker 2: are being made, what's going on inside that business. That
- 24:13Speaker 2: eventually does cause the pain, but that's where we move
- 24:17Speaker 2: into key takeaway number two, which is, revealing the consequences
- 24:22Speaker 2: without kind of being pushy and creating that pressure that
- 24:26Speaker 2: people really just don't feel strongly about on both sides
- 24:31Speaker 2: of the table. But when you bring them to consensus
- 24:34Speaker 2: on the consequences, that delivers so much value to them.
- 24:38Speaker 2: And it also gets them all in the same understanding,
- 24:42Speaker 2: that same frame of mind. And then finally, Preparing that
- 24:47Speaker 2: buyer for the meeting you'll never attend. It's working with
- 24:50Speaker 2: your champions, enabling them to understand their problems and how
- 24:56Speaker 2: they can best advocate for you, the seller. Petra, did
- 25:01Speaker 2: I miss anything?
- 25:03Speaker 3: No, you are perfect.
- 25:05Speaker 2: All right. Well, Petra, you are perfect today. I'm sure
- 25:08Speaker 2: everybody's going to want to grab a copy of the book,
- 25:10Speaker 2: but how can they connect with you, follow your work,
- 25:14Speaker 2: and access other services and capabilities that you have?
- 25:19Speaker 3: Yeah, the best thing is to connect on LinkedIn. Yeah,
- 25:21Speaker 3: I'm almost daily there. And everything other is from the
- 25:27Speaker 3: LinkedIn there on. There are different. I have a hub
- 25:31Speaker 3: of the Academy for Buyer Sense. I have some do-it-yourself
- 25:35Speaker 3: stuff as well. But you will find everything on LinkedIn.
- 25:38Speaker 3: You can write me a DM and I will make
- 25:41Speaker 3: sure to respond in the normal time. And yeah, that's it.
- 25:46Speaker 3: So I'm looking forward to see you, to get some
- 25:50Speaker 3: reviews on the book and to get some reviews from
- 25:52Speaker 3: the field, you know, because being on the field is
- 25:55Speaker 3: emotional for me. And I want all the BDMs to
- 25:59Speaker 3: enjoy being on the field and helping their customers grow.
- 26:03Speaker 2: Yeah, folks, find Petra Wagner on LinkedIn. She has great
- 26:07Speaker 2: content that she's posting. And if you want a copy
- 26:12Speaker 2: of her book, it's available on Amazon. And Petra, thank
- 26:15Speaker 2: you so much for everything you do for the business
- 26:18Speaker 2: development profession and particularly entrepreneurs out there that are just
- 26:21Speaker 2: trying to figure this out on their own and trying
- 26:24Speaker 2: to do business development the best they can so they
- 26:27Speaker 2: can succeed. So thank you for all those contributions that
- 26:30Speaker 2: you give to our business development profession.
- 26:34Speaker 3: Welcome. I'm happy to. Thank you for having me again.
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