Customers are looking to drive out costs, become more efficient and gain a competitive edge by becoming far more responsive and flexible in their use of technology, and their ICT buying behaviours have become greatly influenced by the Internet.
So much so that buyers could be 70% of the way through a sales cycle before they engage with a supplier. They are more aware of their pain points and supply options than ever before and this is forcing supplier organisations to revamp their go-to-market strategies and align them to a new breed of purchaser.
Resellers would be doing themselves a big favour by taking a leaf from Mitel's
customer-centric master plan, according to Martyn Etherington, Chief Marketing Officer & Chief of Staff, who explained in great detail the vendor's efforts to become more relevant to today's buyers.
"The way people buy and consume technology has changed," he told delegates. "We need to understand the customer, how they buy and where they are in their purchasing journey. We have to change the way we sell."
Mitel has put the customer at the centre of its thinking. This shift of focus was driven by an understanding that customers are clued-up and more concerned about their problems than a company's products or services. "This shapes everything we do," added Etherington.
To people-ise its customer focus and bring potential clients to life Mitel has created a number of buyer personas that are aligned to its product categories. These personas are imbued with targeted marketing content and they act as personalised sales aids, because everything the vendor does is made relevant to customers who are likely to make snappy buying decisions while using the Internet.
The old-style marketing plan had three distinct stages - stimulus, the first moment of truth, and a second moment of truth that aligns with brand affinity as the final stage of purchasing. But Internet usage has forced a rethink of the marketing model and produced a fourth category - the zero moment of truth, or ZMOT - which describes an online decision-making moment. This is the big change in how customers research and source new products.
Online activity like this also brings the usefulness of searchable keywords into sharp focus, and it is critical to use the language of the customer rather than stilted industry jargon, noted Etherington, because end users do not search for products or services like 'on-premise PBX system'.
Because the customer is front and centre of Mitel's thinking, it has multiplied the number of keywords it uses by a factor of many, and is reaping the results of a greater online presence as a result.
Etherington urged delegates to put a decent wodge of their MDF investments into getting closer to how people buy now, to help 'rack and stack up' in the search results. Social media also has an impact on rankings. "People check out peer reviews to find information about brands," he said. "Word of mouth is ten times more powerful than traditional advertising."
As CMO, Etherington's challenge was to make a 41 year old company more social and relevant, and an important way of helping to achieve his desired outcome has been to 'share the unedited'. In other words, encourage staff to use social media autonomously and in a fashion that raises the profile of the company across a number of media channels such as twitter and LinkedIn.
"We use social tools to network and build a strong social signal," said Etherington. "We now have 1,500 active social employees who amplify our message with targeted and relevant content.
"There has been a big shift towards social in Mitel, largely based on OPM, Other People's Money, through finding ways to leverage and amplify our brand while marshalling the resources of employees and advocates in the channel to create social reinforcement. Social enables you to change perceptions.
"People are changing the way they buy, so we need to change the way we sell by winning ZMOT and being social. You don't need deep pockets to punch above your weight, cast a bigger brand shadow and become more relevant to customers. Resellers who embrace a customer-centric selling model will prosper, but those who do not understand their customers and how they buy will become irrelevant."
From gaining market share through brand management to becoming the industry's main consolidator, Mitel's ambition seems to have no limits. "Our strategy is organic and inorganic growth," said Etherington. "We aim to get maximum growth from cloud contact centre and also be the consolidator of the PBX telephony world. We just sprinted last year, this year is about picking up the pace."