Switch to a Hybrid BDR and SDR "Sales As-A Service” model for more sustainable sales pipeline and faster returns on marketing investment in 2023

By Paul Briggs, Director of Global Corporate Development

To hire and retain the best talent in the future it will not just be about overall compensation, it will also have to address growing themes of work /life balance, remote and flexible working, and other hygiene factors.

Ultimately, these trends may force hiring managers and chief strategy officers (CSOs) to completely rethink how they hire, manage and workplaces and employees, especially when more and more companies are looking to adopt a 4-day week for staff without reducing current pay.

Naturally, the main concern is how to adopt to these new working trends without affecting pipeline and ultimately revenue targets, especially when analyst Forrester notes that traditional “leads-based “contributions have declined in terms of contribution to overall revenue results performance.

But instead of hoping that short-term re-orgs, layoffs and downsizing fixed assets will solve the current and future challenges companies are facing, many industry commentators are suggesting that the companies that will ride the wave of recession and post pandemic pain points will be those that are planning to move to a distributed enterprise where not only will IT and business solutions be provided “As-A-Service,” human resources, will be too!

Time-based models for supporting IT vendors and channel partners are increasingly being sought after as new hybrid business models evolve. By engaging with well trained and highly specialised individuals, companies can either back-fill existing vacancies, generate new high-quality opportunities or provide validation or nurturing support for existing opportunities.

BNZSA is one such company that has evolved its business model to provide its clients time-based full-time BDRs and SDRs “ Sales as-a-service”. These resources work with clients in a number of ways for opportunity and closed won sales generation, in addition to its traditional CPL-based content syndication offering.

BDR-as-a-service: Time based Model

By engaging with a BNZSA BDR in a time-based model, clients only pay for the time of that BDR which is usually 20 days a month. The BDR can either use client data such as Target Account Lists to prospect from. These lists can be validated and enriched by BNZSA’s Decision Science and Data science teams or BNZSA’s own mixture of 1^st party, 3^rd party and intent data to create custom databases and audience segments.

The use of BNZSA’s data services is included in the BDRs time-based fee at no extra cost. As the BDR works in a waterfall model, this allows for a deeper engagement with prospects. As well as producing 12-15 Warm Handovers^TM per month, a BDRs also has approximately 5-15 interactions with decision makers on a daily basis generating:

Customer insights – conversations with ITDMs allow the BDR to gather valuable insights on purchasing cycles and buying committees.
Opt-ins - prospects that have been given consent to be sent more information via email.
MQLs - qualified opportunities that are expecting a follow up by a salesperson, but not necessarily ready to purchase.

A total of around 500 ITDMs contacts within a quarter.

Without recruitment fees to hire, or ongoing costs such as holiday and sick pay, the BDR can be trained by the client in the unique selling points of the product or service, understand who an ideal customer is and can work with the client on a script to ensure brand protection and management.

In some cases, the BDR can also use a client’s email address and call on behalf of the client. With regular reporting and calls, the progress and pipeline of the BDR can be managed by the client and can complement existing internal teams rather than compete with them.

As well as backfilling resources and generating opportunities, BDRs can also be utilised to validate and recycle opportunities that have been generated by social media or digital content syndication activity. These opportunities may have either stalled or have been discarded because there is either too much volume or not enough time/resources to nurture the prospects into a more sales ready status.

As BNZSA’s BDRs have native speaking support for 26 languages, companies that are looking to land and expand in new territories can also avail of instant support in these regions, which is also attractive for companies that are looking to IPO.

As BDRs can be throttled up or throttled back, clients can add additional resources or scale back depending on clients’ requirements, leaving internal and channel teams to concentrate on existing customer needs as well as finding new ones.

SDR-”Sales-As-A-Service" model

Similar to the BDR-as-a-service model, BNZSA has recently introduced a hybrid SDR- As-A-Service" model, where the SDR is effectively a full-time sales resource for the client. Essentially it is a “sales-as-a-service” offering, with a fixed fee and commission pricing structure.

Like the BDR model, the client only pays for the days the SDR works, has a client email, and calls on behalf of the client. However, the key difference between the two is that the SDR handles the entire sales cycle and is responsible for generating closed sales and revenue where the client agrees a commission structure to create a strategic partnership.

Like an FTE sales resource, the SDR handles PO, payments and all details required to enter a contract. Between the client and BNZSA, the SDR is incentivised for bigger value, high volume sales and facilitates a deeper nurture of the opportunity through the whole funnel. As well as access to BNZSA’s data and decision science team, the SDR fixed fee also includes additional sales support and resources such as sales managers and project managers.

Like an FTE sales resource, BNZSA’s SDR will, in concert with the client’s own model, earn commission on closed won sales, but unlike many internal FTEs not in the first three months of engagement if there are no closed won sales. And due to BNZSA’s industrialised internal training programmes, there is a shorter ramp up time to get SDRs up to speed and closing sales, but like the above BDR model, there are not the extra costs in recruitment fees, training, holiday pay, sick pay, pensions, technology, software licence fees or tax.

And like the BDR model, BNZSA’s SDRs can support 26 languages with native speakers that allows clients to instantly ramp up in new territories, achieve a lower cost of sale and see quick, sustainable, and measurable ROI to investment.

In short, BNZSA wants to offer its clients a strategic partnership that works because its client’s success is BNZSA’s success.

Hope For The Best By Preparing For The Worst: BNZSA Examines The Five Key Trends For ITDMs For 2023 And Beyond.

As we enter the last few days of 2022 it is a customary tradition to do a bit of navel gazing about what the next year will hold for the IT Market and what hot topics will keep ITDMs awake at night next year.

As we end what has been for many, a rollercoaster of a year, there seems to be plenty of things that will cause a few sleepless nights in the months ahead!

Therefore, it is important to identify and adapt to these trends in a world that has had a perpetual round of shocks in the last decade that in more recent times has seen: a global pandemic, inflation, global supply chain issues, energy and food crises and latterly geopolitical instability through war. There are also many concerns over increasingly sophisticated criminal and state sponsored cyber-attacks.

With another global recession on the horizon, it is more essential than ever to have the best and most actionable data, combined with continued investment in employee and customer value propositions, in order to ride the wave of these uncertain times.

In the first of this two-part piece, BNZSA will identify the key trends and challenges in the market for 2023 and beyond.

1. Hybrid Infrastructure

Many commentators have been tracking the long-lasting implications of Covid on the workplace and what knock-on effects it has had on the provision of IT services and employee working practices. While the race to look for more collaborative technologies during lockdowns and social distancing measures was a necessary first response to a natural disaster, most industry watchers believe that hybrid and remote working will continue after the pandemic.

In November 2022, a YouGov study on behalf of IT service and consultants NSC noted “… organisations should expect this to be a permanent and persistent pattern in their workplace and to prepare for this long-term shift.”

It also believes that this paradigm shift is the ‘new norm’ and that increasingly companies will move to a ‘distributed enterprise.’ The report also noted that the global market for IT and business services grew 29% to $84.2 billion in 2021 as businesses reviewed and implemented new technology to improve “overall long-term business resilience.”

In order to fully utilise hybrid-infrastructure, ITDMs must factor in the following trends. With opportunity, comes potential challenges and risks, which if not fully planned for may bring some nasty surprises along the way.

2. Modern Workplace

The knock-on effect of the long period of remote working is that many employees now associated office-based jobs with an unnecessary and expensive commute on backed up highways and overburdened public transport networks.

Whereas hybrid and remote ways of working offer more flexibility, productivity and time to be with family. Many workers have decided that going forward they want to work for companies that will offer remote or hybrid working, according to analyst Gartner.

It found that nearly half of employees surveyed wanted to work for companies that offered more hybrid work and latterly shorter working weeks. It also stated that the “employee value proposition must change for hybrid work and respond to shifts in employee expectations”

In its report, Gartner has identified these key future work trends:

Hybrid work has become mainstream.
Talent is not in short supply, but recruitment, retention and management of resources will change.
Employee well-being is a key metric.
DEI considerations will have to be carefully monitored in a hybrid environment.
Turnover will increase unless companies can extend and include culture for both remote, hybrid and office-based employees.
Managers roles will change as in person, office based becomes extending traditional management and company culture to hybrid and remote management.
Next generation of workforce wants ‘in person’ work experiences but also to remain having a flexible work of remote and hybrid working.
4-day weeks or shorter weeks are becoming more commonplace.
Employee data collection is expanding.

In conclusion, Gartner believes because the ongoing transformation in the way knowledge workers work, the move to hybrid working will prove great opportunities for companies. However, it will also provide potential risks such as increased exposure to cyberattacks, which we will examine below.

Other factors such as the way companies have traditionally procured and managed hardware look likely to change as demands for more bring (or use) your own devices (BYOD) grows and the demand of purchasing more mobile devices rather than traditional desktop devices grows.

Break fix services will also be a consideration for the future in terms of maintaining, services and replacing devices. And with a growing need for employees to monitor activity and productivity of remote staff, there looks likely to be some concerns about how much data companies are holding on employees, how it is processed and other concerns that ITDMs will have to manage as part of ongoing privacy policies.

3. Digital Transformation

While YouGov/NSC found, in a survey of 263 business executives, that 79% of respondents had a digital transformation plan in place, almost half cited that legacy technology as a key constraint. Many are now looking to cloud migration or companies that offer as-a-service solutions, to not only help with their digital transformation plans, but to also maintain solid customer value propositions and customer experience.

To this end, YouGov predicts that demand for as-as-service offerings will rise. And this can also mean how companies hire staff. According to Gartner, in looming recessionary times functional leaders must get “recession ready.” And this means being agile in securing talent.

For BNZSA’s clients, the demand for BDRs-as-a-service and SDRs-as-a-service also looks set to rise in 2023 and beyond as companies look to backfill existing shortages or look to grow pipelines and closed won revenue by adding instant ‘virtual’ resources at a fraction of the cost of traditional FTEs.

During the pandemic, a lot of the traditional face-to-face (F2F) ways to educate potential customers on IT products and solutions and generate sales pipeline such as conferences and events were put on hold. In turn, this has accelerated many companies to look to digital solutions and social platforms to educate and also for lead generation provision.

While it is universally accepted that ‘content is the backbone of any buyer journey or customer experience. Analyst company Forrester notes that currently marketeers must catch up on critical skills to ensure content will deliver its ‘intended impact’. It also notes that having a pre-pandemic approach to content provision and content syndication in an increasingly sophisticated digital landscape will not yield the results or ROI that marketeers and sales people expect. While we may have to wait for the Metaverse or some similar virtual reality platform to interact with brands, there are plenty of smarter ways for companies to use content on current digital platforms.

To this end Forrester advises five important focus areas for content provision, effective digital campaigns and providing the right content to the right people at the right time:

Prioritise content for existing customers not just net-new buyers with a focus on retention and engagement.
Abandon outdated content production and promotion methods.
Look to delivering content at right place at right time
Improve content intelligence
Align content roles and clarify responsibilities.

As we approach 2023, it seems that while most companies may claim they have a digital transformation in place, it may be hindered by a number of factors that need to be addressed and fixed.

If for example, legacy hardware is the reason why cloud migrations and as-a-service provision is faltering, looking to companies that provide managed services and have the necessary infrastructure in place could be a short-term solution to allow ITDMs and marketeers to focus on other areas of the business that need to be fixed such as content.

Like managed service providers, there are a number of agencies like BNZSA that can not only create the content for your campaigns but also manage both the awareness and the generation of marketing qualified and sales ready opportunities.

4. Cloud Computing

While the migration from on premise infrastructure to cloud computing has been happening the enterprise for some time, it is quickly becoming a top priority for the mid-size market. According to YouGov/NSC, it found that: “in 2021, cloud spending by small and midsized businesses shot up significantly, with as many as 53% spending more than $1.2 million annually on the cloud - up from 38% in 2020”.

It also states that companies are increasingly looking for cloud-based solutions “to keep up with digital transformation and ensure remote workers have what they need to stay productive”.

Considering the above trends and challenges of modern workplace, hybrid computing and digital transformation, it is small wonder that YoGov/NSC found that execs from all sizes of companies ranked cloud services between 80-93% as the most important technology for their business post Covid.

In terms of best practice around cloud migration, there is a whole range of advice around whether to ‘lift and shift’-migrating existing architecture to cloud-based services, ‘refactor’ or fully refactor, according to AWS cloud migration partner Cloud Bridge that notes

“In our experience, there is no ‘right’ way. The key decision is whether to modernise as you move, or afterwards.”

5. Cyber Security

With the move to more hybrid and remote working combined with the growth of using more “as-a-service” offerings by cloud migration and outsourced human resources is creating more security threats for both enterprise and mid-size companies.

The holiday period is also a prime time for cyberattacks according to managed services provider, Transputec that warns:

"The main issue with cybersecurity over Christmas is that many organisations are severely understaffed during this time. Employees are often underprepared when the cyberattack takes place, and even struggle to deal with recovering from the damages done after the cyberattack. Detection and response times are much higher in Christmas than any other time of year as a result."

"Cyberattacks are more prevalent since organisations just don’t have the defences in place to deal with the numerous forms of cyberattacks. In particular, ransomware attacks increased by 70% during the holiday period of 2021."

According to Transputec, as well as raising awareness of cyberattacks over the holidays with staff and running compliance courses, it is also important to add things like multi-factor authentication to accounts and devices:

“This will provide an additional layer of security that makes it more difficult for cyber-attackers to bypass. Cyber-attackers have often been able to guess or steal passwords. Having multi-factor authentication helps your organisation become less susceptible to social engineering.”

Going forward into 2023, YouGov/NSC notes that “67% of the C-suite see the single biggest "headache", with technology today, as Cybersecurity.”

While Analyst Gartner also notes that for audit departments, executives see Cyber threats as a growing risk in 2023.

“Fewer than half (42%) of audit executives are highly confident they can provide assurance over cybersecurity risk — although 81% plan to cover cybersecurity in audit activities. Russia’s invasion of Ukraine and resulting geopolitical hostility could lead to increased cyberthreats. Even before war broke out, organizations believed that actors sponsored by the Russian government targeted them.”

However, there are certainly solutions. Having a strategy and backup in place to deal with cyberattacks is crucial concludes Transputec that observes:

“Since cyberattacks are more common during the Christmas season, it’s also important to have backups of your data in the case of a successful cyberattack. With cloud computing being commonly used, having a physical backup of your data could be a life-saver”.

Stay tuned for part two where we will offer some tips and advice from our internal experts, clients and ITDMs, using real world examples on how to adapt for these challenges.