"It always seems to be
the year of VITO [very important top officials] but it's actually getting
worse," says sales guru Anthony Parinello, author of
Selling to VITO.
Technology marketers say they want to focus on business decision makers, but
they remain bogged down in making their cases to mid-level product evaluators.
Parinello, a one-time sales
representative for Hewlett-Packard, spends most of his time helping technology
and other firms retool their sales forces to speak more effectively with top
business executives. But he thinks technology marketers are just as guilty as
their sales colleagues in missing the business mark. In a recent discussion
with ITSMA, Parinello stressed three priorities for marketers today.
First, segment your
audiences according to levels of influence and authority. Parinello highlights
four levels:
- Leaders. Head of organizations, focused solely on
achieving business goals, plans, and objectives, and little concerned with
specific technologies.
- Directors. Corporate and business unit executives who
will rely on your solution to support their business priorities. They are
most concerned with the advantages that your solution might provide.
- Intellects. Technology evaluators, including IT and
operations directors and managers who are most concerned with technical
features.
- Consumers. End users of technology, including both
technical (e.g., database administrators) and nontechnical users (e.g.,
bank tellers using a new CRM system). They are most concerned with the
actual function of the product or service and how it will impact their
jobs.
Marketers need different sets of talking points to speak
effectively to each level, according to Parinello.
Second, begin at the top. Technology marketers tend to focus
especially on the "intellect" level, says Parinello, "but the
intellect's job is to evaluate, not decide." Orienting marketing programs
and materials to this level generally means focusing much too much on features
and functions and too little on business benefits.
Efforts to reach the director level are a step in the right
direction but not enough. For example, Parinello argues that most
return-on-investment (ROI) tools and similar business-value initiatives are
just more elaborate versions of data sheets."Directors and intellects
might look at them; leaders will not," he says.
For Parinello, connecting with leaders is as much about
emotion as it is about fact. "The higher you go in the organization, the
more nebulous it becomes." Marketers need to speak to the uncertainties,
visions, and doubts that motivate leaders along with the hard and soft business
benefits that their solutions may bring.
Once you've got the right story for the leaders, work down
the levels from there.
Third, get to the point. Parinello is a firm believer that
leaders have even shorter attention spans than young children. "You've got
eight seconds to make an impression, or thirty words, or perhaps three slides
on a presentation—as long as they have no more than six words on a slide,"
he states. "Begin with the punch line, which is the business result your
solution can provide. Then get into how it can be done. Then you can talk about
who will do the work."
With more and more buying decisions landing in the corner
office, marketing to VITO has become a top priority. The basic concept is
certainly not new. Many firms already dedicate special marketing resources to
the senior-most executives within their target markets. The challenge now,
according to Parinello, is to review the entire program to ensure that VITOs
are truly front and center in the marketing mix.
What's your take on marketing to VITO? Are marketers guilty
of aiming too low in the organization? How does your team reach out to top
executives?