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Over the years, there’s been a seemingly never ending evolution of “ENT Sales Strategies” that have come and gone. From Miller Heiman, SPIN to SNAP, Target Account Selling to Strategic Selling (and The New Strategic Selling) a quick google search pushed out more than 100 books. The Challenger Sales/Customer approach has taken hold more recently, and rightfully so given it’s data driven conclusions and recommendations.
One of the most striking misperceptions that I encounter is that MEDDICC as a framework for deal execution conflicts with or doesn’t apply to any/all of these progressively more “modern” strategies. And therein lies the misunderstanding. One is a framework to help a salesperson and their customer navigate the process of “here to there”. The others are strategies for positioning your company and value proposition.
Here’s a simple analogy I use to try to illustrate the point. I live in Los Angeles. A friend (using a Challenger approach) makes me aware that I am paying more than 12% in state income tax - and that if I were to relocate to Austin TX, I’d pay zero. He reshapes my thinking by outlining why I shouldn’t need to pay so much. I have a “current state” with pain identified, and a “target state” eliminating that pain. Sounds great..
Here is where MEDDICC comes in. We’ve ID’d the Pain, and I have to get to Austin. But there are nearly infinite routes, obstacles, experiences and decisions between LA and Austin. How much will the move cost? Do I have the budget to make it happen? Do I need to get there quickly (fly), or can I take my time (road trip with the Jeep)? How much would a flight cost, vs gas for the drive? What if there is a detour? Do I need to check with my kids or work before I make the move?
MEDDICC provides the salesperson a “how do we get there” approach to serve as a travel guide for the buyer to realize the target state promised via Challenger. And maybe most importantly, it helps avoid all the pitfalls that could derail the journey.