Within the dynamic world of sales, the conventional rules are now officially wearing out, with customers becoming extremely active and leading the terms of sales. It's an understatement, to say the least, that organisations operating by the same old rules of sales are undergoing tumultuous shifts. They continue to capitalise on sales over the intricacies of customer satisfaction.
Amid the backdrop of evolving customer preferences, a paradigm shift has occurred in the world of sales with the ascent of customer-centric selling. Transcending beyond traditional metrics-focused approaches, this craft places customers at the forefront, meticulously assessing their needs. The real emphasis lies on elevating the people who matter the most, whilst working towards building long-term relationships with them.
The power of delivering an enriching customer experience is paramount. In tandem with this, a report by Deloitte highlights that customers who enjoy positive experiences demonstrate a remarkable 140 per cent higher likelihood of spending. Thus, it stresses the underlying importance of positive interactions and personalised solutions that can be achieved by actually serving customers instead of using them as a profit-making tool. The essence of customer-centric selling not only influences immediate purchase decisions but also fosters enduring loyalty.
Assessing The What And Why Of Customer-centric Selling
Customer-centric selling is a dynamic sales strategy that moves beyond conventional methods to adopt a more personalised approach. It focuses on building indelible relationships with customers by asking the right questions, addressing their pain points and identifying their needs. It entails elevating customer experience at every step of the sales cycle by engaging in meaningful dialogue, which will enable organisations to position themselves as trusted advisors in the eyes of the customer.
Moving ahead in an age, where customers are permeated by choices, standing out requires more than a distinct product or service. The mindful art of customer-centric selling is curated to thrive in such settings by powering enterprises to understand consumer behaviour complexities. Being instrumental in resonating with customer needs, challenges and goals, it delves beyond making a sale. By utilising it as an opportunity to cater to customers, businesses can set the stage for increased revenue and customer satisfaction, paving the way for long-term success.
Guide On Building A Customer-centric Sales Funnel
The very essence of crafting a customer-centric sales process lies in making a profound shift in the way the sales team interacts with customers. The key lies in placing the sales team in the customer’s shoes while embedding flexibility in the overall process. Implementing a customer-centric approach is all about modifying the team’s mindset about sales while aligning with the greater purpose of satisfying customers.
Here are some ways to employ a customer-centric selling process:
Cultivating Empathy
To emerge as a customer-centric enterprise, it is pivotal that customers hire and retain salespeople with empathy, with attributes like conscientiousness and modesty being paramount for high-achieving sales performers. By fostering empathy, organisations will be able to become cognizant of customers’ pain points, and their needs and will actively work towards inculcating strategies that address the pain points, paving the road for enriched customer experience.
Empower The Sales Team
Salespeople know how to close deals but just like every other employee they need to feel inspired in order to bring innovation to their art. Empowering sales teams is not only about offering them rewards and recognition, it is also about equipping them with the right tools and offering them training so that they can be more efficient. At the same time, it is imperative to set clear goals for the team which will inspire them, while offering them the freedom to make decisions.
Inculcate Curiosity
Curiosity is the hallmark of customer-centric sales strategy. By approaching customer interactions with a genuine interest in understanding the customer’s goals enables businesses to develop a consultative approach. Asking insightful questions allows the sales team to understand the underlying problems faced by the customer, simultaneously it makes the customers feel valued and heard, assuring their belief in the company and its customer services.
Delivering Enhanced Customer Experience
Offering an eminent customer experience entails seamlessly integrating the sales cycle into the overall customer journey. The most effective way to achieve this is by leveraging cutting-edge digitised tools, namely chatbots that can truly revolutionise the meaning of excellent customer experience. By automating sales and support and driving the rate of conversion, chatbots are the new powerhouse of customer-centric selling.
Alignment With Customer Needs
It's a fact that modern consumers align their purchases with brands that share the same set of values as them. Customer-centric selling involves embodying customer values in every aspect of the process from internal to external, be it the culture or the visual identity. In tandem with this, it’s pivotal that at every step of the juncture, sales team discusses and reviews the ethics, culture, values and visual representations that align with the customers.
Final Thoughts
As business traverses further in the tumultuous waters of the sales landscape, embracing customer-centric selling is emerging as a prudent choice. Rooted in prioritising a humanistic approach it not only serves as a tool for boosting conversions but carves the path for building lasting relationships. It's now or never that organisations need to leverage the transformative power of customer-centric selling to unleash a new era of high-performing sales.
(The author is Saijal Jain, Media Buying Manager, Adbuffs)