Faced with tighter budgets and unabated economic uncertainty, today’s buyers are scrutinizing deals more closely and asking more questions. One analysis of the State of SaaS Markets identified a shift to value-centric spending as a defining trend in SaaS markets in 2023.
The verdict; Buyers are scrutinizing purchases more and sellers are under pressure to deliver value in every buyer interaction.
So how can salespeople deliver value outside of interactions during meetings and sales calls? Revenue teams must create new ways to connect and communicate with buyers. I founded Mindtickle, a sales readiness platform, in 2011 to address this issue and help companies prepare their sales teams to face any challenge. Closing deals is a skill that can be learned, and over the years, I’ve found that it’s all about creating a personal, transparent relationship with each buyer.
Digital salesrooms offer a new way to achieve just that. Winning sales organizations are now starting to use digital sales rooms (DSR) to introduce buyer capability into the sales enablement ecosystem to create a more interactive and engaging experience for buyers.
Combining DSR with sales enablement tools
Buyers are scrutinizing purchases more and sellers are under pressure to deliver value in every buyer interaction.
Digital salesrooms are online microsites where sellers can customize and share contracts, mutual action plans, sales content and more with buyers. It creates a single link that buyers can access and refer to at any point during their customer journey. It is also a single platform for sales representatives and managers to track every action and process throughout the journey. It’s a great place to share and store content like product demos and records of your conversations.
Assets were traditionally sent as a file or folder via email, ultimately leading to information loss and buyer disengagement. With the advent of DSRs and the maturity of on-demand content libraries, buyers now have a single link where all this content is stored, helping them access information more easily and keeping them more engaged. Additionally, it gives sellers the tools to become more adept at customizing the buyer experience for each deal.
But now there’s an added bonus: These rooms can also facilitate training and repeat training. Sales enablement and RevOps teams can look at interactivity — how buyers interact with content and how their reps respond — by gaining sales rep DSRs and then infuse that insight into training programs.