Mark Cranny

22 statements across 4 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Jul 16, 2017 by Mark Craney · said 2 times in 1 episodes since 2019 · across every show →

Mentions by year

brought up most by Todd Cranny (1), Sonal Chokshi (1)

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2019 2 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Mark Cranny, oldest first

Jul 16, 2017
Insight
Mark Cranny: Uninfluenced enterprise RFPs are usually a waste of time
“If I'm getting an RFI, if I'm getting an RFP, and I haven't gotten out in front of it and influenced that, I've probably wasted my time.”
Mark Craney Jul 16, 2017 ▶ 37:21 Go to Market Boot Camp for Startups: Field Sales
Jul 16, 2017
Insight
Cranny: Enterprise sales process must answer three foundational buyer questions
“The first question we're going to have to ask ourselves and that the buyer's going to ask themselves or prospect is, why should I do anything? I mean, anything different than what I'm doing now? The second is why you know, versus the competition, and the third…”
Mark Craney Jul 16, 2017 ▶ 5:59 Go to Market Boot Camp for Startups: Field Sales
Jul 16, 2017
Insight
Cranny: Enterprise ROI models should present conservative and aggressive value ranges
“Another kind of rule of thumb, be able to put together kind of ranges, you know, conservative versus aggressive, because it's very rare that you're going to go in and get the entire environment up front, that that's going to build over time.”
Mark Craney Jul 16, 2017 ▶ 45:58 Go to Market Boot Camp for Startups: Field Sales
Jul 16, 2017
Insight
Mark Cranny: Structured sales process trumps heroics every time
“Understand that process trumps heroics every time.”
Mark Craney Jul 16, 2017 ▶ 40:50 Go to Market Boot Camp for Startups: Field Sales
Jul 16, 2017
Insight
Mark Cranny: Enterprise sales requires revealing unrecognized prospect pain first
“Here's the as is, here's the to be, you know, you really kind of need to think about, all right, well, they don't recognize they're sick. Let's help them. Recognize the unrecognized pain. And then show them a path to what could be with our value proposition.”
Mark Craney Jul 16, 2017 ▶ 24:42 Go to Market Boot Camp for Startups: Field Sales
Jul 16, 2017
Insight
Mark Cranny: Enterprise sales messaging must address CXO, management, and user criteria
“In all of these situations, if you take a large organization, you break it down into threes. What are the CEOs or CXOs or senior management care about? It's going to be more of those high-level things, high-level strategies and initiatives, and it's really mor…”
Mark Craney Jul 16, 2017 ▶ 22:37 Go to Market Boot Camp for Startups: Field Sales
Jul 16, 2017
Insight
Cranny: Early ROI validation insulates enterprise sales reps against price negotiations
“So one of the things this does is going to insulate us From a sales process standpoint, particularly later on, we might need to be negotiating because I'm going to know when, if I'm, you know, rolling up six, seven, or even eight digit proposal, and you know, …”
Mark Craney Jul 16, 2017 ▶ 44:54 Go to Market Boot Camp for Startups: Field Sales
Jul 16, 2017 neutral
Insight
Cranny: Innovative startup products rarely have pre-existing enterprise customer budgets
“Particularly in a startup and or high growth situation where I'm selling something that's completely new because of a platform shift, it's a new way of doing things, is there's not recognition of that new way of doing things. And very common in my career where…”
Mark Craney Jul 16, 2017 ▶ 18:28 Go to Market Boot Camp for Startups: Field Sales
Jan 2, 2019 positive
Insight
Cranny: Top sales hires often come from military or sports backgrounds
“So competitive, high courage, focused discipline, people that have a little bit of charisma, you know, a lot of intellectual horsepower and can think quickly on their feet and people that can take a beating, right? That they can actually go in and take a lot o…”
Mark Craney Jan 2, 2019 ▶ 12:45 a16z Podcast | The Why, How, and When of Sales
Jan 2, 2019
Insight
Cranny: Do not hire a scaling VP of sales before product-market fit
“The problem with getting a real VP of sales or a big executive too early is they're there to scale, and if you're still wandering around a little bit in the desert trying to figure out the fit, you might be a little early there.”
Mark Craney Jan 2, 2019 ▶ 29:05 a16z Podcast | The Why, How, and When of Sales
Jan 2, 2019
Insight
Cranny: Sales reps must walk client halls to map enterprise needs
“And you don't get that sitting in a cube in, you know, San Francisco or Silicon Valley. You get that from walking the halls Of these big organizations and really understanding, you know, what their initiatives are and how you're to be able to map up what your …”
Mark Craney Jan 2, 2019 ▶ 9:00 a16z Podcast | The Why, How, and When of Sales
Jan 2, 2019 positive
Insight
Cranny: Restricting sales rep territory sizes increases productivity and win rates
“And actually, they get more productive the less territory they have, the less amount of accounts that they have, because they're able to, it kind of forces the situation to do, you know, where you're penetrating deeper into accounts, getting a lot more intimat…”
Mark Craney Jan 2, 2019 ▶ 20:04 a16z Podcast | The Why, How, and When of Sales
Jan 2, 2019 negative
Insight
Cranny: Relying on bottom-up adoption without sales is short-sighted
“The need may not be there, but I think CEOs might be being pretty short-sighted that there's not going to be competition down the line, particularly as they try to expand inside a account.”
Mark Craney Jan 2, 2019 ▶ 12:21 a16z Podcast | The Why, How, and When of Sales
Jan 2, 2019
Insight
Cranney: Lowering high prices is easier than raising low prices
“It's way easier to go down than it is to go up.”
Mark Craney Jan 2, 2019 ▶ 8:55 a16z Podcast | Pricing, Pricing, Pricing
Jan 2, 2019
Insight
Cranney: Early startups must hire reps who create playbooks from scratch
“Somebody that gets excited about doing this exact thing, it's typically not the one that's been running in somebody's playbook. It's the one that really understands how to go create that playbook from scratch.”
Mark Craney Jan 2, 2019 ▶ 19:35 a16z Podcast | Pricing, Pricing, Pricing
Jan 2, 2019
Insight
Cranney: Startups must review win-loss reports at least quarterly
“If you're not reviewing, you know, a win loss type report on a monthly, at least a quarterly, you know, some kind of fairly frequent cadence, depending on what's going on in your business and in the market and doing the postmortems on both sides of that. I thi…”
Mark Craney Jan 2, 2019 ▶ 29:43 a16z Podcast | Pricing, Pricing, Pricing
Jan 2, 2019
Insight
Cranney: Bottoms-up startups often fail going upmarket due to sales leadership
“It's very common on the inside type bottoms up motion that particularly as you, they build out the management that sometimes you, they'll miss moving up market because the BP might not have that skillset, you know, to go build out that next level.”
Mark Craney Jan 2, 2019 ▶ 34:26 a16z Podcast | Pricing, Pricing, Pricing
Jan 2, 2019
Insight
Cranney: Hiring sales reps from similar mature products is a trap
“One trap a lot of CEOs or founders might fall into here is I'm going to go hire somebody that's selling something similar to what I sell.”
Mark Craney Jan 2, 2019 ▶ 18:15 a16z Podcast | Pricing, Pricing, Pricing
Jan 2, 2019
Insight
Cranney: Deal sizes must be large enough to fund direct enterprise sales
“If it's something that requires you to come in high and move left and right and be agile in the organization as well as up and down, and because of the complexity is, that typically means there's also going to be a big outlay, either cap, capital and or Operat…”
Mark Craney Jan 2, 2019 ▶ 32:14 a16z Podcast | Pricing, Pricing, Pricing
Jan 2, 2019 positive
Insight
Cranney: Enterprise quotes must model full deployment pricing early
“In almost any proposal type situation, we wanted to Have not only your initial pricing per unit set, but you need to go model and understand what would happen if that customer adopted throughout their entire enterprise. Now early on, it sounds like a pipe drea…”
Mark Craney Jan 2, 2019 ▶ 14:18 a16z Podcast | Pricing, Pricing, Pricing
Jan 2, 2019
Insight
Mark Cranny: Bottom-up startups risk displacement without up-market expansion
“You can have that, you know, that beachhead established, but if you're just spending all your time going to establish another beachhead at another company, you're at risk of getting pushed out by the incumbent and or somebody that's got that organizational con…”
Mark Craney Jan 2, 2019 ▶ 15:42 a16z Podcast | Messages and Movements in Politics AND Business
Jan 2, 2019
Insight
Mark Cranny: Startups fail sales cycles by ignoring competitor depositioning
“And if you don't really know how they're depositioning you can go through a whole cycle and come up empty at the end because they've laid the traps. They've set the criteria. And if you don't know enough about your competition to understand when you're walking…”
Mark Craney Jan 2, 2019 ▶ 20:18 a16z Podcast | Messages and Movements in Politics AND Business
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