Hit your 2023 revenue targets. See how Databricks wins 6x more with Mediafly.
Read more

Increase Competitive Advantage in CPG Sales

By Meghan Ganzer | October 2, 2018

CPG_SalesBlog_stat1-750x579 In an already competitive and crowded industry, CPG sellers find themselves pitching to distracted buyers on busy store floors. While 68% of these buyers see little or no difference across offerings1, sellers need to find a way to differentiate themselves to grab their buyer’s attention.

With almost everything they need at their fingertips, B2B buyers have changed the way they interact with sellers. Entering the buying process later than before, they know what you have to offer, but they don’t know how your offering is going to increase revenue for their business.

CPG_SalesBlog_stat2-750x579 Modern B2B buyers seek a trusted advisor that understands their business and unique challenges. This is where sellers have the opportunity to gain a competitive edge. Providing a data-driven reason for purchase intrigues buyers, but 38% of CPG sellers lack the resources to do so2.

B2B companies that empower their reps with tools to deliver content and communicate insights will create successful sales interactions that resonate with buyers. Sales enablement technology helps both direct and indirect sellers drive stronger sales outcomes, including making it 2.3x easier to accelerate deal closure2.

CPG_SalesBlog_videoTN-750x579

A robust sales enablement technology increases visibility into the sales process and offers marketers insights into what content drives revenue. Sellers can confidently create personalized and dynamic sales presentations that resonate with buyers. According to a Forrester Consulting study, commissioned by Mediafly, companies that have already deployed sales enablement platforms to their indirect sellers are up to 2.3x more effective at achieving sales goals.

For maximum benefit, CPG companies that elect to implement a sales enablement technology should deploy the solution for both direct and indirect or distributor sellers. Deploying a sales enablement platform that incorporates interactive sales tools that capture real-time input from the buyer to demonstrate the value your product will bring to their business drives even more impressive results. In fact, channel sellers who utilize interactive tools find it 2x as easy to accelerate deal closure and 1.8x as easy to get high-level stakeholders involved in sales discussions.2

CPG_SalesBlog_stat3-750x579 Sales enablement technology helps CPG sales reps enhance the buying experience with data-driven reasons to purchase. With everything they need at their fingertips, sellers can feel confident in their ability to discuss any product within the full suite of offerings. Sales enablement opens the door for a transition to a new kind of sales engagement, one in which the buyer is excited for the next meeting because of the value it will bring.

For more information about Mediafly’s sales enablement solution for CPG companies, learn more here or request a demo.

Sources:
1 – 2018 Buyer Preference Study, CSO Insights.
2 – “Its Time to Enable Your Channel Partners for Evolved Selling”, a commissioned study by Forrester Consulting on behalf of Mediafly, 2018.

Meghan Ganzer is the Digital Communications Manager at Mediafly. Since making the strategic shift from sales to marketing, Meghan has focused on content writing, external communications, and event collaboration to support the Mediafly sales team through demand generation. Meghan attended Miami University in Ohio and graduated with a Bachelor’s degree in Communications.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Stay informed!

Subscribe to our newsletter to receive our latest blog articles and free resources to help you in your research process.

I agree to:
i) Mediafly's Terms of Use and Privacy Policy.
ii) Receive communications from Mediafly including relevant information on Mediafly products and services (You can unsubscribe from these communications at any time).

Related blogs