To be honest, I’ve never been much of a Treky, but the new Star Trek film had me reminiscing about years gone by. And, having recently returned to the IT reseller channel after a 20 year journey through the land of systems integrators and vendors, there’s lots to reminisce about!
It was obvious that things would have changed, but even in the fast paced world of technology it’s amazing how much the market has moved on. And as a Sales and Marketing professional, I can see the impact runs deeper than just the changing dynamics of the IT sector.
A new landscape
Cast your mind back to the IT market of the 1990’s (if you are old enough!) and you find a land of plenty. Prospective customers actively seeking out information on new products, their enquiries fulfilled by sales and marketing teams focussed on features and specifications. When demand outstripped supply, adding value was rarely more than an afterthought for IT vendors and resellers.
Fast forward to the present and the situation could not be more different, with an increasingly congested IT market where it is difficult to stand out from the crowd. And the growth of the web, with powerful search engines and a proliferation of content, has caused an irreversible change in buyer behaviour that dilutes the effectiveness of traditional marketing techniques.
As personal experience will tell you, bombarding people with email or telephone calls rarely delivers results. People now buy differently, they do their own independent research, identify different potential solutions to their problems, and produce a shortlist of suitable suppliers, all through the use of the web. Search engines mean they can discover all they need to know without speaking to pesky salespeople!
This new behaviour is known as ‘inbound marketing’ and has dramatically changed the interactions between customers and suppliers. The customer no longer needs to speak to a salesperson for product information, so the first time they engage is at the end of the process when they are ready to buy. In principle this is good for everyone, it’s an efficient use of time and resources, but it has a couple of key problems.
Firstly, the quality of the end result is dependent on the customer’s research uncovering the best possible solutions, and in today’s time pressured environment that isn’t always the case. And conversely, it’s more challenging for suppliers to get their voice heard and add enough value to earn their place in the buying process.
So, in the brave new world of inbound marketing, how do IT resellers add real value?
The answer lies in the customer’s expectations of their suppliers in this new world. They expect suppliers to inject new ideas they can’t discover for themselves, and to challenge their thinking with insights that are directly relevant to them. In turn, this demands that suppliers build a detailed knowledge of their customers, the markets they operate in and the stakeholders they serve.
This is a real challenge for many IT resellers, who are naturally focused on the technology sector rather than their customers markets. But the prize for meeting the challenge is early involvement in the buying process, bringing the opportunity to shape thinking and influence strategy – in short, the chance to add value.
So for IT resellers to add real value for their customers, they need a detailed knowledge of the vertical markets their customers operate in, a clear focus on business outcomes, and a proven ability to deliver tangible benefits. Coupled with a tailored approach for each individual customer that is relevant, personal and compelling.
Here at Cetus we’ve thrived in the changing IT market of the last 15 years, largely because the ability to add real value for our customers is embedded in our DNA.
But don’t take my word for it, let us prove it!
Just contact us and give us the opportunity to ‘walk the walk’. Alternatively, if you want to learn more about working with Cetus, take a look at the Who we are section of our website, or register for one of our upcoming Inspired Leaders Programme events.
Gary Hyman – Sales & Marketing Director
Gary’s core focus is to find potent solutions that help customers confront specific business challenges, equipping them to enrich the lives of their customers and stakeholders.