Sales Training Success: Siemens Energy Embraces CustomerCentric Selling® to Increase Revenue and Shorten the Sales Cycle.
Key Player
Director of Sales & Marketing, Siemens Energy
Goals and Capabilities Needed
Siemens Energy is the world’s leading supplier of a wide range of products, solutions and services for power generation, transmission and distribution as well as for the production, conversion and transport of the primary fuels oil and gas.
Siemens Energy approached Bosworth & Kenney Selling seeking an organizational sales process that would provide a consistent, repeatable and measurable approach to finding, engaging, selling and managing new opportunities in the energy sector. Mike Korf, Director of Sales & Marketing for Siemens Energy U.S Operations specifically defined their goal to increase new business revenue while decreasing the length of the buying/selling cycle.
CustomerCentric Selling® provided Siemens Energy with the capabilities needed to achieve these goals.
Results
In the first twelve months after implementing and adopting the CustomerCentric Selling® sales process methodology, Siemens Energy saw tremendous results:
- new business sales revenues increased by 38 percent
- the average length of the buying/selling cycle decreased by two months
- reduction in discounting and concessions across the board
Siemens Energy attributes these results to the emphasis placed on the Negotiating Labs incorporated in the CustomerCentric Selling® sales training and implementation.
“The CustomerCentric Selling® sales process methodology has enabled us to greatly improve our sales performance in many areas, which is particularly significant considering the current down economy and competitive marketplace.”
–Mike Korf, Director of Sales & Marketing for Siemens Energy U.S. Operations
Steve Bosworth of Bosworth & Kenney Selling adds, “We are extremely pleased with the many positive results Siemens Energy has seen since their training and implementation. Their success is evidence that the CustomerCentric Selling® methodology can prevail even in the most turbulent of economic climates.”
Customer Closeup
The Siemens Energy Sector is the world’s leading supplier of a wide range of products, solutions and services for power generation, transmission and distribution as well as for the production, conversion and transport of the primary fuels oil and gas. They are the only supplier worldwide with comprehensive knowhow encompassing the entire energy conversion chain and, in particular, plant-to-grid connections and other types of interfaces. They focus primarily on the requirements of energy utilities and industrial companies – particularly those in the oil and gas industry. The Siemens Energy Sector has some 85,000 employees worldwide.
For more information about Siemens Energy, please see: http://www.energy.siemens.com/entry/energy/hq/en/?tab=energy
Questions about this case study? Email Bosworth & Kenney Selling at either stevebosworth@customercentric.com or mkenney@customercentric.com
Benefits to Siemens Energy:
- Increase in sales revenues by over 38%
- Decrease in the sales cycle by 2 months
- Less reductions, discounting or concessions
- Consistent sales process to improve overall sales performance
About CustomerCentric Selling®
CustomerCentric Selling® (CCS) is a proven methodology for predictably improving revenue growth and sales performance. Founded in 2002, CCS helps clients worldwide to implement repeatable, auditable and scalable sales processes that, when combined with Sales Ready Messaging®, guides marketing and sales to have meaningful conversations with customers and prospects. This results in winning high-value deals, retaining and growing client relationships and improving the predictability and accuracy of sales forecasts.
CustomerCentric Selling® was named as one of Top Sales Training Methodology Companies for 2009 and also topped Selling Power’s Top Ten Sales Process Companies list in the June 2009 issue. Clients such as Microsoft, Hewlett Packard, Business Objects, Rockwell Automation, EMC and Raython have deployed CCS worldwide. For more information, vist www.customercentric.com, or call Jill Perez at 800.993.1228, ext.706.