WRQ is a good-sized company (last year's revenues topped $146
million) with a solid reputation for delivering PC-to-mainframe
connectivity products, mostly at the department level. But lately the
company has set its sights on larger "enterprise application
integration" deals--a market where WRQ "doesn't always
have the same sponsorship and visibility" as its much-bigger
competitors, says sales vice president Don Miller.
"Our challenge," says Miller, "is to shift from
being a company that has done really well at selling smaller deals to
being a company that does really well selling at an enterprise
level." So far, he says, WRQ has found that four tactics have been
especially helpful in making this transition:
* Create a two-level sales team: "The sales process
doesn't change much at the enterprise level," says Miller.
"What does change is the number of people involved, on both sides.
And if your own people don't understand their role, you can create
complete chaos." One good approach, he suggests, is to put a small
sales team (typically two people) in charge of the overall relationship,
and then create an "overlay" team of specialists in systems
engineering, professional services, and other key support functions.
"Having this kind of backup also makes the sales team more
confident," he adds.
* Find projects in trouble: Rather than face off against
"entrenched" competitors, Miller says his sales people look
for customers with projects that are bogged down or failing. "If we
can fix enough of these, that gives us the ammunition we need to go to
the CIO and ask to be adopted as a standard."
* Ask for help: Installed-base customers are often surprisingly
willing to help a vendor they like, Miller points out. "It's
foolish to expect that they'll do all the heavy work for us, but
they're usually great about telling us about company rumors and how
to navigate the organization."
* Offer "granular" pricing: "We don't close the
door on smaller deals," says Miller. "Most of our competitors
have a $500,000 minimum price point--ours is $20,000, and we know how to
make money on deals like this." Being willing to talk about small
transactions is a very different strategy than price-cutting, he notes.
"In a fully deployed environment, our prices aren't that
different from the competition."
Don Miller, vice president of North American sales, WRQ, 1500
Dexter Ave. N., Seattle, Wash. 98109; 206/217-7500. E-mail:
donm@wrq.com.
COPYRIGHT 2000 Soft-letter Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2000, Gale Group. All rights
reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.