The Audible-Ready Sales Podcast

Researching Your Competition

8 snips
Jun 6, 2023
Antonella O'Day, a sales leader and consultant specializing in sales effectiveness and go-to-market strategy, shares her insights on navigating competition. She highlights the importance of understanding competitors while emphasizing a focus on the buyer. Antonella discusses essential competitor intel, warns against over-analyzing, and outlines strategies like leveraging smaller company advantages. She offers tips on gathering competitive insights through professional relationships and stresses that keeping a customer-centered approach is vital for success.
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ADVICE

Know Key Competitive Facts

  • Learn competitors' strengths, weaknesses, and differentiators to shape your sales focus.
  • Use that intel to highlight areas where you outperform without giving the competitor airtime.
ADVICE

Map Account Champions

  • Identify who the competitor's champion is to assess political strength inside the account.
  • Use your champion, allies, and coaches to map influence and shape strategy accordingly.
INSIGHT

Differentiate Through Buyer Outcomes

  • Differentiation matters only when connected to buyer needs and measurable outcomes.
  • Tailoring proof of past outcomes to buyer requirements increases chances of winning.
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