What is
The New Strategic Selling by Robert B. Miller about?
The New Strategic Selling provides a systematic framework for complex B2B sales, emphasizing relationship-building over transactional tactics. It teaches how to identify key decision-makers (Economic Buyers, User Buyers, Technical Buyers, Coaches), navigate buyer response modes, and create win-win outcomes. The methodology includes six elements: Buying Influences, Red Flags, Response Modes, Win-Results, Ideal Customer Profiles, and Sales Funnel management.
Who should read
The New Strategic Selling?
Sales professionals, B2B account managers, and business leaders seeking to master complex sales cycles will benefit most. The book is ideal for those targeting Fortune 500 companies or industries with multi-stakeholder decision-making. Its principles are particularly relevant for teams aiming to align sales strategies with long-term client relationships.
Is
The New Strategic Selling worth reading?
Yes, it’s a proven resource used by Fortune 500 firms like Ford and General Motors. The actionable frameworks for identifying buying influences and avoiding “red flag” deals make it indispensable for refining sales processes. Its focus on mutual wins ensures relevance in modern, ethics-driven markets.
What are the key concepts in
The New Strategic Selling?
- Buying Influences: Four roles (Economic, User, Technical, Coach) critical to closing deals.
- Win-Results: Linking measurable outcomes to personal stakeholder benefits.
- Sales Funnel: Prioritizing high-potential opportunities to optimize time.
- Response Modes: Tailoring strategies to buyer receptivity (Growth, Trouble, Even Keel, Overconfident).
How does
The New Strategic Selling define a “Win-Result”?
A Win-Result occurs when a proposal delivers measurable outcomes (Results) that align with a stakeholder’s personal goals (Wins). For example, cost savings for an Economic Buyer or efficiency gains for a User Buyer. Misaligned Wins lead to stalled deals, making this concept central to strategic planning.
What is the Sales Funnel methodology in
The New Strategic Selling?
The Sales Funnel categorizes opportunities by urgency and certainty:
- Best Few: High-priority deals nearing closure.
- Prospects: Qualified leads requiring nurturing.
- Suspects: Early-stage leads needing validation.
Regular reviews ensure focus on high-value activities while prospecting new opportunities.
How does
The New Strategic Selling address competition?
The book advises focusing on customer Wins rather than outperforming rivals. By deeply understanding buyer needs and tailoring Win-Results, sales teams reduce competitive threats. Coaches (internal allies) help identify unspoken priorities to strengthen positioning.
What are notable quotes from
The New Strategic Selling?
- “Selling is not about taking orders; it’s about creating relationships.” Highlights the shift from transactional to relational selling.
- “Every sale is a complex sale.” Emphasizes navigating multiple stakeholders and hidden challenges.
How does
The New Strategic Selling improve time management?
By using the Sales Funnel, sellers allocate time to high-certainty “Best Few” deals while systematically qualifying prospects. This avoids wasted effort on low-potential leads and ensures consistent revenue pipelines.
What industries benefit most from
The New Strategic Selling?
Industries with lengthy sales cycles and multi-layered decision-making (e.g., enterprise software, manufacturing, consulting). The methodologies are adaptable but particularly effective in sectors where stakeholder alignment is critical.
How does
The New Strategic Selling compare to Miller’s
Conceptual Selling?
While Conceptual Selling focuses on understanding buyer needs through questions, The New Strategic Selling provides a macro-level system for managing complex deals. Both emphasize relationships, but the latter adds structural tools like Ideal Customer Profiles.
Can
The New Strategic Selling apply to small businesses?
Yes, though originally designed for large enterprises, its principles (e.g., identifying Economic Buyers, avoiding red flags) are scalable. Small teams can adopt the Sales Funnel and Win-Results concepts to prioritize high-impact clients.