Put the Line Up on the Score Card – Using Your Resources

Ahh…resources…..We’ve all got them….Problem is most of us don’t know how to use them. Look around your office. Quite likely there’s a person who knows your systems like the back of their hand and you get confused every time you log on. Ask them for advice! There’s probably a product expert on hand that knows just what additional products you can recommend with your core solution to help you retire quota faster, help you customer deliver a complete solution to their customer and, most importantly, show your customer that you’re thinking about their best interests. Ask them for advice! There’s probably an overworked sales person that can’t handle all of the leads that they have….ask them for leads!   Offer something in return for their generosity, a piece of the deal, or perhaps bring them in on one as a split that they can help you win , it’s a little found business for them

The Truth About Price

“Price is a factor, Price is always a factor”. Not sure who said those ominous words first but as much as we don’t want to believe it they are true…but only to a point. Price is always part of the equation just like in most business concerns about shrinking profit margins and rising expenses is a reality that the talented overcome while the masses just resign themselves to selling for less and having to sell much more year after year to keep the income level the same. A client base built over time and healthy prospecting is part of the answer to the problem but so is maximizing each and every opportunity.

How? Glad you asked. First you most likely aren’t the cheapest, chances are you don’t have the largest market share? Sound about right. Doesn’t matter where I’ve been or what I’ve sold there was always a part of the sales force that had that perception. Usually the part of the sales force whose numbers where not where they wanted them to be.

Price, while always being part of the issue, is rarely the entire issue unless you did something stupid like led with price. If you lead with price to get in the door that will lead to a few things

1) the inability to focus on things of value other than price because you made a promise of “saving them money”. We can’t tell you how many times in the history of sales that the cheapest price didn’t win. Why? Because most of us aren’t selling groceries. Who cares what Banana’s are selling for down the street? What we are doing is solving problems, helping business feel secure, enhancing customers or life’s satisfaction. Does it come in the form of a sale? We’ll argue that it comes from someone buying. When a person or company buys something of value whether routine or life altering, they are agreeing to the price but they are also expecting everything else that you and your company has to offer. They are not just buying price they are buying delivery and quality and a lot more. They are, in a way, buying you.
2) you are engaged with someone who is focused on a task. i.e. buying as cheaply as possible more often than not the are a lower level person, sure the folks at the top worry about cost but notice I said cost and not price. Price is only a factor as it relates to cost.

So where does cost really come into play

Look at the terms of the deal. Have you given them an advantage beyond price that is real and tangible but not evident on a line of the quote. Never give something away. It only dimishes the value. If you offer free tech support for the first year on your product put it in as a line item and then counter it with a loyalty discount of some type equal to the value. Let them see what it’s worth. Say your competition charges freight in a deal and you don’t. There is a value to that beyond price.

Is you product longer lasting and ranked higher than the competitions for quality by a third party source. It’s a delicate conversation but one that needs to be had because down time and lost productivity relates directly to cost. The conversation might go something like “well sure Ms. Customer’s widget is lower in the upfront pricing but have you considered that their published failure rate is one every 36 months with an average down time of four hours and ours is once every 60 months for two hours. You’d have to determine what that lost productivity is worth but id it is 3,000 per hour then ….)

Ever own a Mercedes? If you have and you’ve used their warranty services you get a great idea of what a premium is put on service. They will come to where you are and fix your problem. They provide you with a loaner car or at the very least a ride and if you’re traveling they pay for lodging and a loaner or rental if the car is going to be down for any length of time including getting it where you are going as soon as it is fixed. That service comes at a premium price. Your service should also. Think of yourself as a high end vehicle, sure your can get some where else in a car that is the fraction of the price but can you get that same level of service?

Price alone will not grow a business or sustain in. Being able to articulate true value into the cost of the item or service will grow and sustain a business. So step back. Look at your offer. Ask questions! Find out why the price of an item is so important to the person asking. Perhaps the person asking for the price is compensated based on getting the lowest price. This is true in many corporate purchasing departments. You need to have buy-in on your product or service from multiple levels within the company. If you’re only working with the purchasing department, you’re not “in” the account! You need to have relationships at multiple levels of the company that you’re selling to. Without this, you’ll never win! Does your manager know the manager of the company that you’re selling to? Does your vice president know the vice president at the company you’re selling to? Do you know the sales manager at the company? Become a partner to the company you’re selling to. Become an extension of them. Show them your value day in and day out. If you’re doing a good job a providing value, and you know all of the key decision makers with the company and you’re persistent, then your value will ultimately shine through and you’ll win. Till that happens, it’s all about price.

When All Else Fails

You’re at the end of your rope.  You’ve presented your value to the potential customer and he’s still not buying. You’ve presented quote after quote, and he’s still not buying. You’ve invested countless hours on this potential customer, and he’s still not buying. Now is NOT the time give up. It’s the time to have a frank and honest discussion with the prospect as to what you haven’t provided to help him with his business. Asking the right questions will either get you an honest answer….or the smack in face reality that it’s time to put this prospect aside and move on. Never under any circumstances burn the bridge! No point in getting hostile with the person who’s not buying from you. Tomorrow that person may be influencing another company that you’re trying to work with and you will lost all opportunity because of a previous “thing” that happened.

I had occasion recently to talk to a customer just like the one described here. An account manager who reports to me had been presenting quote after quote and was getting nowhere for months. Large amounts of quotes were in the sales funnel and were going nowhere.  I called to speak to the Sales Manager and I asked him honestly to tell me what we were doing wrong. I asked him how he could stay in business with no sales closing! After a very long pause, he told me that our prices were too high and that he could get the same product from another distributor for less money. At that moment, I understand that this customer didn’t understand my company’s value and that it was my job to show him how he would actually save his company a lot of money by working with us. I spent some time with this customer and talked about the value that we bring to the table. I reminded of the services that we provide. At the end of the conversation, I told him that I had hoped I was able to give more insight into how working with us would actually help him. I also told him I clearly understood why he needed to have relationships with two companies who offered the same products and reminded him again how we were a bit different. After a long pause, he agreed to give us some of his business, so that we could prove we were all that we said we were.

It’s important to utilize all of your internal resources when you seem to be getting nowhere with an account. Sometimes, it’s just a fresh point of view that will make the difference. It’s NEVER time to just give up and walk away. Sometimes, we just need to rethink the approach. Sometimes, although it’s not verbalized, it’s about the customer “feeling the love” from your company! Not everyone is satisfied until they’ve had the attention of someone higher up in the organization. Use your resources to accomplish this. That’s why they are there.

SO that’s the first challenge, now what if you aren’t getting in front of enough opportunities.  Look in the mirror at your level of activity.  Most times the first sign of your struggle has been because you stopped doing the basics.   Selling is not different than professional sports.  If you went to a basketball camp by a top pro or college coach you would spend most of your time getting back to the basics dribbling, shooting and passing.  In sales the basics are prospecting, preparing and presenting…if you haven’t made the right amount of time for prospecting it is going to affect your business.  Have you given yourself the chance to succeed by networking at events or are you training like a happy hour with people you already know?   Working the room is just that. Work. But if done right it can lead to great rewards and be fun on top of it.   What could be better than understanding how other companies and industries work? Sure, you want to find opportunities but they most often come because of something you learned, let the opportunity present itself.  A word of caution while networking… spend time with decision makers and movers and shakers.  You’re there to make contacts and build a network, people who are there with the sole purpose of getting business that night rarely get little results but by being consistent with your participation, becoming involved with the organization and becoming recognized as an expert business will come.

Have you done the work to know who is the best fit for your products and services and made appealing approaches with real value, maybe use a little loss leader to get in the door.  I’m not talking about a product or service sold cheaply but a way that you expertise and knowledge can benefit them.  Be sure to have a clear definition of your value. Be sure that it makes sense in your market space. Be sure that you’re prepared for the call or visit. Show your value and what your company brings to the table each and every time. Do this in a positive manner, without “bad mouthing” the competition. You can be assured that your competition is speaking in negative terms against you! It’s the easiest thing in the world to do. It’s human nature. It’s so much easier to speak negatively about your competition rather than taking those negatives and turning them into the positives that you offer. The worst part about speaking negatively about your competition – it seeps into your world – the negativity that is – and becomes a part of you – only if you allow it to. Speak in terms of positives, and your world becomes more positive. This will also become a clear differentiator between you and the competition. Your Customers will come to appreciate your positive approach. Your Customers will turn to you because of this positive experience and everything else will fall into place.

Overcoming Procrastination

Like any learned habit, procrastination can kill the sale. With a few simple disciplines, you too can over procrastination! Because you want to be the Sales Professional at the top of his/her game, being able to stop procrastination takes priority in your sales life. Let’s take a look at some of the techniques to reduce, if not eliminate procrastination altogether.

For starters, you will want to take a long hard look at your self! Try to figure out why you are procrastinating….Are you suffering from call reluctance? Is your research done for your upcoming call? Once you’ve determined why you are dragging your feet, you can get it done! As those nice people at NIKE once said…..JUST DO IT!

Perhaps you find yourself more apt to take care of a task at your home office rather than at your regular office. Change your routine! Refresh your environment. Get it done where you’re likely to sit down and complete the task. Imagine the powerful feeling when it’s completed! Checked off the list…filed away. Accomplishment at its finest!

Ahhh…the list! Everyone needs a to-do list that’s kept handy. So close at hand that you can actually check items off the list as you’ve completed them. Your list should include your personal and professional to-do’s all in one place. You’ll feel more organized and pulled together if you can see all of your action items in one place. That way, you can prioritize them and give each item a time limit and a deadline.

If you are procrastinating because the task seems too large to tackle….break it down into smaller bites. Avoid interruptions, and get one small piece at time done. You’ll find that once a small portion is completed, you’ll feel so satisfied with that, you can’t help but move on to the next piece! Again, imagine the powerful feeling when it’s completed! Checked off the list…filed away. Accomplishment at its finest!

Envision the end result. Imagine the satisfied feeling once the task is completed! Block out small increments of time, and tackle your project in those smaller segments that we just discussed. Satisfaction at its finest when it’s completed!

Set yourself up with a deadline. Make it known to others…and make it realistic. Give yourself a pep talk to get started and to actually complete the task. And never look back!

I just did…I wrote my first article for this website! In future segments, we’ll explore planning and organization, prioritizing and mult-tasking, tips for finding more time in your day, managing email, managing the phone, and project management. We will also explore new ideas for cold-calling and finding new business. After all, if we don’t continually reinvent ourselves, someone else will, and we’ll miss out on perhaps the next great opportunity. Why? Because we procrastinated! So…let’s commit today to overcome our ability to procrastinate, and just dive in and get it done.

5 Great Things to Know if You’ve Lost a Sales Job

Losing a job involuntarily at any time isn’t fun. Been there, done that, have the emotional scars to prove it. Losing a job due to company cut backs during a tough economy is even worse but if you’re a sales person there might not be a silver lining but there is good reason to have a lot more hope for your short and long term future prospects than the average worker.

After all you see it on the news quite often job cuts, unemployment rising, and right now the economy is despite what a lot of us would like to believe still consuming jobs at an alarming rate. It’s arguable whether we’re pulling out of the recession or not to some economists it’s arguable as to whether or not we ever pulled out of the down turn created by the Dot Com bubble nearly a decade ago. Still the headlines on TV and in the paper tend to focus on the labor force, manufacturing jobs, at the hardworking all American who produce the goods and services our economy consumes. Yes I know those are the larger numbers,\ that they make for the better headlines and help sell papers and advertising. In most cases the news of the day never mentions and systematically seems to forget guys and girls who make the cash register ring and the shipping departments bustle. No matter how you this oversight perhaps the truth of the matter is that people in the sales force are in a better position than the average non sales person who loses their job.

The other day while talking to a friend who has been in sales and executive leadership positions for the better part of the past two decades he made the statement. “There’s a lot of really great people out there who are really hurting, People I never thought wouldn’t be able to find a good job.”

We went on both stating how grateful we are for the jobs and security we have. It was one of those things that really makes you think. It could have been any of us. Sure a recession is a chance to cut some dead weight. Sorry to be cold about it but it makes any sensible business look at improving efficiency and cost control. These are perhaps things that should but don’t get done often enough or with such a discerning eye when everything is going well. It also makes sales management look at people who are truly underperformers and forces us to make difficult and often unpleasant decisions. This time around though its not just folks that are below the proverbial sales line that have been affected, This time around the downward economic swing is hitting the top performers, the award winners, the sales people who seemed to have it all. Looking down the list people who have knocked on my door looking for an opportunity in the last 10 months there were some truly talented people, sales people who were for years and years bankable top performers.

That’s the bad news. It is what it is and there is no sense on dwelling on it now its time to focus on the upside of the conversation. It’s time to take action whether or not you’re one of the unfortunate souls who are out on the street knocking on door looking for work or one of the lucky ones still gainfully employed, hitting your numbers and hoping to stay that way while knocking on doors looking for new sales.

Here’s the good news is this that

1) Sales skills translate across companies and even industries much better than most of the labor force. Unlike Autoworkers, Electricians and Carpenters who despite being skilled labor has a very specific set of skills. An autoworker for example probably can’t walk out the door after losing their job and with a minimal learning curve become a Brick Layer. In sales though its different, if you’ve been a good student of the art and science of selling then you know how to sell a variety of products and services even if you don’t realize you do. Think of how often you introduce a new product of service. You can walk out the door at one company and have not only the fundamentals required to be successful at another place but that place doesn’t have to be limited to what you’ve always done. Changing industries can be intimidating but taking down to the most basic level Think about how you had to understand the nuances and the offer of what you were selling. So you might learn some new products but the basics of selling are the same. Keep in mind that with industries they buying motivators and decision makes vary but the same fundamental skills apply. Find a customer with a need, uncover the pain, offer a solutions that helps solve that problem and eases that pain

2) Your Track record is a marketable quantity – Awards are nice, but depending on who you talk to they may or may not matter. So be prepared to talk about how you won those awards and the type of things that helped you hit those professional heights. Be honest but also be proud and take credit for what you accomplished. I once had a rep who was showing me copies of his sales reports from a previous employer that showed him at the top of the sales charts for months on end. When I asked him how he got there he said “oh my account XYZ hit a buying cycle and drove the numbers over the top” Me being in general not being and idiot in understood from looking at the reports he furnished me with that some one sold more. Ultimately he lost the opportunity to sell me. What I heard is the equivalent of he won the lottery. Instead of the rep setting the stage with I had called on them for years and did the following things to get the business or I unhinged the incumbent supplier by doing…what ever the answer was. This individual gave me the impression that it was dumb luck and not sales skill and when it cam to hiring them their dumb luck ended with me. So be prepared to discuss your accomplishments and really understand what you did to make it work. Did you grow a territory or set of accounts, Did you find new business at a greater rate than your peers? Be ready to hit the highlights and then if asked provide the details and comparison of how you stacked up against the competition. Doing this will lay the foundation for why you will be successful in your next role.

3) You have an established network- So no matter what your circumstances if you’ve been in sales and know your market and accounts you have an established network of people. So use your network of competitors, co workers, clients and even former clients to help you find openings. Don’t ask for work unless they are the hiring manager and have an open position but do ask for referrals and opportunities. Practice good follow up and use each opportunity as a way to expand your own network. So guard your rolodex with your life but use it to help others along the way after all you may be the resource a former customer calls to help them out if they are looking for a new gig as well. Unlike other people it was your job to go out and meet people and if you’re like most good sales professionals you met as many as possible, kept in touch with them and have a pretty good idea of who is where. Now its time to put those contacts to work.

4) Good Sales People are Hard to Find – Despite the down turn finding people who can hunt business is always a challenge. Past greatness isn’t an indicator of future performance but it sure helps. A great reputation in your industry and with your clients is invaluable. If you feel the sweat starting to form because you were a farmer and not a hunter then it might be a little more challenging but there are some other things to think about. Did you manage a challenging account or territory? There are a myriad of specialties with in the general heading of sales person. Identify those unique skills and map out what type of companies might benefit from that perspective.

5) You know how to sell so think about how to sell yourself. Look at how to job hunt just like you would how to find new business. Its going to take a lot of contacts to find an opportunity and its going to take several real opportunities to find a great opportunity. When times are tough those opportunities are even more scare so its going to take more effort to uncover them and longer to close them.

Again its not all sunshine and roses but with a good plan and an open mind there is no doubt that just like in day to day business where sales people through their actions and effort can control their own destiny that when looking for work sales people on average are far better off when it comes to finding a new job. After all finding new opportunities is a sales person’s profession?

Sky Blue Credit Repair

One More Call

So it’s been a long day, it’s a tough economy, or maybe it’s been a great day a big deal closed a blue bird fell into your lap and your coming up aces.  No matter which just when you think you’ve hit the end of the line and need to head out for a little break, some lunch, the end of the day whatever it’s time to do the one thing that is so tempting not to.

Make one more call.  So I hear you have a life! It’s not about becoming an all obsessed workaholic it is about giving yourself more opportunities.   When you make one more call before getting a refill on your coffee, before embarking on that mid morning snack, before heading out with the gang for a bite of lunch or even at the end of the day think of what you’ve added.

It’s not the time to call your best customer, you’re going to do that anyway they are your best customer.  It’s not time to call so and so who you love to hat with under the guises of building a relationship and customer service.  No take those moments to make the calls you keep putting, off.  That might be hard or uncomfortable.  To call that huge prospect and get a new name,  Chances are you’ve been thinking about calling them, meaning to get around to it  taking the someday when the stars align approach.

Maybe it’s time to follow up on the deal you lost to find out why and really understand it not from an impact on your wallet but from a true customer prospective.  Maybe use that call to look for referrals, follow up on a quote that is just hanging out there that you’re not so sure about.  To set up a lead exchange with a colleague in another profession.

Use that one last call to ask for the meeting with an executive you know you should be in front of but keep forget to ask their staff for the meeting.  Is it a clients birthday or anniversary.  Be creative with anniversaries, weddings are nice but maybe it is the first time you met, the first order they placed.  Is there a service issue you need to resolve with a supplier.  Some training you need to schedule, a customer event you want to put on but haven’t really run after the resources you need to put it.  On

Take the time, know why you’re calling and pick up the phone and dial.  Perhaps you get a no.  That’s life look for another in next time.  So you’re just going to get voicemail.  Well commercials get you to buy stuff are you leaving compelling voicemails with a clear call to action that the customer can take that is of benefit to them?   Are you building brand awareness

One temptation- if you do business over the phone pick up the phone If you see people in person and are going by stop in.   Don’t chicken out and send an extra email.  That doesn’t build dialog, it doesn’t build rapport, it doesn’t open up new opportunities.  It isn’t what is going to further a relationship.  Human contact does, the give and take without it’s awfully hard to find new opportunities without actual customer feed back

How many times during the day can you make one last call without throwing life out of balance.  It is not about working more it is about being more productive when you are working.  It is about challenging yourself to outperform what you’ve one in the past about growing your customer count, your annual spend and you pay check.

What’s the worst thing that can happen they answer the phone you move forward between your objective and where you were and just maybe make the sale.

15 Places to Find New Sales Prospects

The Phone book is over rated, targeted lists can be a gold mine and social media can’t be ignored but here are 15 places sales people can go  to find prospects.  They’re typically free or low cost, readily available

15 Places to Find New Sales Prospects …Since they don’t grow on trees some of them are tried and true all take a bit of work on your part but will lead to as much business as you want based on effort the effort.

  1. Print media: newspapers, business journals, trade magazines.
  2. State and local government websites and offices for building permits, new incorporations, sales tax registrations, occupancy permits.  It’s a virtual gold mine, if what you sell has anything to do with new businesses, relocations, expansions. This is a prime place to start.
  3. Referrals from customers, prospects, friends, family, business associates, and suppliers – ask for referrals, not everyone has a sales mindset so it just might not be thought of.  The referral doesn’t have to be into a new company. Getting introduced into another part of an existing customer’s organization is just as good.
  4. Lists – they’re for sale by selective companies. Ask for samples of what they can provide. Be specific. You need to narrow down who your customers are and then you can go after them in earnest and not over pay for people that aren’t a match for your product or service.
  5. Lead services- There are a variety of companies that provide relocation leads from business to consumers.
  6. Networking – So who do you hang out with? If it’s not sales people from other industries, business owners and leaders you’re not rubbing elbows with the right people.  Networking is more art than science but make no mistake about it, there is some science involved.
  7. Chamber of Commerce- Working in a small market or even a big one the chamber of commerce is the pulse of the local good old boys network, if it’s not, look around. There might be another more social organization, but in every part of the country they are there.  Before you join though, go to a few of the events. Pay the nonmember price and make sure that it’s an active group with vibrant members and not just lunch twice a month with the nearly retired.
  8. Architects and Developers- if they build it,  you need to know who and what they’re working on,  it is a two way street with developers and leasing agents, you can send business their way as well.
  9. Banks- Forget the huge monoliths of the industry except for the guy selling SBA loans, he will prove to be quite useful for you and depending on the nature of your product or service you might be useful to him as well.  Also don’t over look the growing number of small private local banks and savings and loans.  Many times they are not only more approachable but better dialed into in the local business community than you think.  Why you might ask. Because most of these types of banks are owned by members of the local business world, it’s typically a way to earn a decent return on a relatively safe investment and diversify them.  Besides who wouldn’t love to say “and oh yeah I’m one of the investors in blah blah blah bank”.  Talk about an ego trip!
  10. Manufacturers- Who makes what you sell?  Hit them up, part of their role is to create demand.  Often after they’ve created the demand they don’t know what to do with it or where to turn because their company uses the Channel approach to selling. In other words, they can’t sell directly to the customer. That’s where you come in. Are you getting more than your fair share of opportunities from them?  If not, ask, but offer something in return like feed back on the leads, or bring them into deals that you’ve found.
  11. Competitive brands customers- who buys a similar product to yours?  Great timing is everything so lobbing the occasional but consistent call into competitive brands users isn’t such a bad idea.
  12. Trade associations- Join them and actually attend the meetings!Offer to speak and Deliver Value in your presentation.
  13. Users groups- Host an event for your local users group….a cup of coffee and a cookie goes a long way after a tough day.
  14. Consultants- Consult them! Befriend them and they will practically walk you into opportunities
  15. Your competitor’s websites – sure they list their best customers but most often there is more than one door into a house.  It is a bit of an elephant hunt but can be a lot of fun. They’re calling on your customers, might as well call theirs.  Market share shifts for a variety of reasons, wouldn’t it be nice to be one of them.  This is a tactic that isn’t for the faint of heart.  If you are going to make a hard play for your competitions best customers you have to have a plan, know a weakness and go after them hard and quick.  Don’t go for the whole enchilada, a simple order, an opening into their kingdom.

Sales a Career of Choice, Challenge and Change

Change isn’t throwing away all the things that didn’t work.  It’s accepting the fact that the way you did things yesterday might not have been the best, and for certain the way you do things today is not how they will be done in the future.  Yes, the basics stay the same but customers and products change.

When I graduated school back in the 70’s, I knew I wanted to move out on my own, I wanted to buy a car, I wanted to take exotic trips to exotic places I’d never been, I wanted it all. I knew nothing about sales, except that salespeople made a lot of money. My uncle was a sales guy who played golf every week, lived in a great house, always drove a new car, had the best of everything. I was blessed by simply being able to walk, talk and chew gum at the same time. Plus, I was 18 then, and of course, I knew it all. So…armed with that, I just figured I’d be a success. The day after graduation I got my first job, in a bank, as a bank teller….I told myself that the experience would be great but this was no career for someone like me. I got my experience, and I moved on. The experience proved to me that working with Customers was just plain fun, and I could get paid to do it! How bad could that be? My next job was at a Japanese company where I met my first sales challenge. I was talking on the phone with a customer of all people, who said “Hey, you really should think about being in sales”. That’s all I EVER thought about, but I realized in that one sentence, he was offering me a job, which I jumped at. He said he’d teach me whatever I needed to know….and he did. He was going to change my life. And he did. He taught me about Personal Computers and how to sell them and how to talk to people about them. I had to learn from the mother board up….Next thing I knew, I was on my way to Hawaii, as an award for being a top producer for the products we sold. Then the PC market changed, and the challenge began. I had to reinvent myself, my sales presentation, my whole behavior to move into the glorious world of food sales. I realized that if I could be a chameleon, and be just what the customer needed at that moment, I could win against my competition. I learned that the customer I was speaking to was the most important person in my life. At that moment.  Till the next customer came along. And THAT customer was the most important person in my life. At that moment. Till the next one came along. Ten years later, I wanted to go back into technology sales, and I realized that a whole lot had changed in the time I sold food. I earned the reputation as the “Duchess of Dead Birdies” because of my poultry sales, and I decided I could earn a reputation in technical sales too. I presented myself to my potential sales manager as “The salesperson you’re looking for to take your company into the next millennium” and, when he was through laughing at me, he agreed to talk to me.  With nothing more than determination and a desire to succeed, I set out to learn everything I could about the industry that I was going into….and I’ve learned something every day about the industry that I’m still in.

So where does this leave you, whether you’re standing at the beginning of your first sales job or taking the last contract of your career or some where in the middle the only thing in this line of work you can count on is change.  The same basic skills apply; it is a focus on the fundamentals that allows you to change products, companies or even industries.  Sure maybe you started out selling replacement windows and now you sell million dollar software packages, but in fact you still need to do the same basic things.  Find a customer, fill the need and deliver the product in the manner that your customer expects.  It’s sales that sets the expectation and as a professional sales person you are the face of your company day in and day out.  It’s like peer pressure in school, because you get to be the cool kid every one is looking to for direction.  Sales people in general have a bad reputation, one for manipulating people into buying things they don’t want.  Some people make money that way, but they don’t stay in a business too long.  This is the image that people have when you say you’re in sales.  It’s the greatest profession in the world but it gets a bad rap because of a few rotten apples.  What the average consumer doesn’t see or think about is that there are millions of skilled professionals that are impeccably honest that solve problems for their customer each and every day.  Sure, at the end of the process a sale is made, but many of those same sales people are the ones that executives turn to when they have a business need to solve.  Whether it is the small start up company in your town, the local gas station or the largest corporation in the world.  They all rely on sales people to impart expertise, to help them grow their businesses, care for their employees, or make them more profitable.  “Trust is earned”. We’ve all heard it somewhere along the line, so how do you earn someone’s trust.  It’s simple.  Be honest, if you don’t know the answers go find them, do what you say you will and always call people back when you say you will.  If there’s secret to this business that’s it. Short and sweet, everything else around it simply is to make the journey a little better, more tolerable and of course more profitable.

Not everyone is cut out for every sales job.  It’s a simple but crucial concept,  some people excel at selling the intangible… insurance, financial services are often the first to come to mind but there are so many others. Maintenance contracts, scheduled service agreements, consulting services and Software (though I’ll argue if you can sell a product you’ve already sold something intangible, your own value).  Why software?  You can’t touch it and feel it.  Sure you can show samples, you can install demonstration versions or run simulations and projections but until it’s there and in place the customer only thinks they know what it will do for them.  A bull dozer…you can see its size and if you really want to, go out in the lot and move a little bit of earth around.  The intangible requires a different approach.  You need to be an artist who can not only understand the product being positioned but paint the picture of the benefit it will deliver through a solid understanding of the need.

Other people sell products like there is no tomorrow, the tangible has a certain benefit but there is always an intangible to every sale even if it’s selling a t shirt to bubba through a retailer.  Doubt it?   Here’s an example:

You’re competing for a large customer’s account because their distributor just shut down. You know they were distributing the same things, or similar products that you distribute. You know that by landing this account, you can increase your monthly sales and most definitely achieve your quota. You set up a meeting, where you present all of the things that you can do for this customer. So does your competition. The difference is, you showed the potential customer how working with your company could help his company grow his business, get trained, be a more complete organization by delivering a more complete solution to his customer and thus, you could help him develop, and retain his own customer base and make him more successful. You learned what he needed because you asked questions and earned his trust. Your competitor came in and offered him a lower price and made a lot of commitments that he was challenged to keep… but nothing else. At first, the other guy was chosen as the supplier….but before too long, Mr. Customer came back to you and wanted to work with you. Why? Because you showed him value. You demonstrated ways to help him be more complete. You showed him the intangible. You showed him VALUE. Learn to under commit and over deliver. The key to any successful career….under commit and over deliver. Your Customers will be lifers if you can commit to making their lives simpler, and then proceed to make them easy.

So why the change topic?  In sales, things change every day.  Products change, models get old or replaced by the inevitable new and better model.  Customers change, not only what they buy but who they buy from and how the buying decision is made.  Territories change.  It’s a reality that today you might be covering these three states and tomorrow you’re now responsible for two different ones, maybe even in a different part of the country.  If you have chosen sales as a career…change happens.   With each change though there is the potential that change brings.

Once upon a time there was a company who was being ravaged by changes, they were losing the war, the tech bubble had burst, and they were in the tech industry.  Customers were leaving in droves, and many of the ones who weren’t changing their suppliers were declining in sales or worse yet going out of business.  The reality was that the industry wasn’t going to be replaced; they were selling wagon wheels when rubber car tires were in vogue. But they did change. They changed their product mix, to include new types of products.  Ones that hadn’t been sold before and in some cases the products didn’t even exist just a year or two earlier.  At the time, in a meeting with some panicked staff, the CEO just sat calmly, assessed all the planning and options and stated “we haven’t even met our best customers yet.”  Turns out he was right. He knew change was inevitable and sure they had lost some business but he had enough confidence in where they were headed and all the talented people he had on staff that they would weather the storm and come out of it positioned for growth and be an even stronger organization.

The next reality of sales is that some people fail at it.  I know a lot of great sales people who got fired for one reason or another, admittedly many of the times it was as they put it “not my fault”. As the old saying goes “I was looking for a job when I found this one.”  Failing at sales is part of the job, that doesn’t mean you always need to be looking for a new one. Not everyone buys, that’s the reality. Just like baseball. Even the greatest batters of all time make an out 7 out of 10 times they walk up to bat. Sometimes you fail because you didn’t know what to do when an unusual situation came up or simply, you didn’t put enough into it.  The more times you get to bat, the better you’ll become. In sales, the more calls you make, the better you’ll become at your craft.

Things to do:

Stop now and make an honest self assessment of your strengths and weaknesses.  It is important to understand not only what challenges you, or where you have fallen short, but also what your strengths are.  Then after you have listed 5-10 strengths and 5-10 weaknesses commit to a goal.  I will improve my (insert your skill here) write it down and come back to it at least once a week looking at your activities that past week and reassess your progress.  Also look at how you can leverage your strengths to your favor in the selling process, use your advantages to the greatest ability possible.

For example, you commit to getting more prospects on the phone each week. Set an appointment with yourself in your calendar for an hour each and every day to make outbound calls to potential customers and then create a follow up schedule for yourself so that you meet your commitment of calling the prospect back when you said you would.

TIP: Have a list of prospects ready to call during this hour! Make sure you’ve done your research, you have the phone number, a contact name if possible, a little of information about the company that you’re calling so that during your scheduled hour you can run down your list and make as many calls as possible. In reality, you may need two hours! One to prepare your list of calls and the other to actually call.

If you didn’t win the Big One….be bold enough to ask why. Learn from your mistakes, refine your approach and move onto the next one. Ask yourself those tough questions…what did I do wrong? What could I have done better? Hone your craft and make it better the next time around. Look at where you missed and determine what the thing or things were that could have made a difference. Did you missing something crucial in your discovery by not asking the right questions, did you correctly interpret their buying motivations?

TIP: always ask yourself or the Customer – you can’t always get an answer but if you’ve built a decent rapport and don’t treat it like your selling them something else more often than not you can get a glimpse into what the prospect or customer really liked and what just didn’t ring quite true.

Learn this today and you’ll be better off tomorrow. In sales, your world will constantly be changing. You’ll be constantly learning something new.  You’ll be learning new “sales speak” – methods of presentation – on a regular basis. You’ll discover a new tool to make you more successful on a regular basis and you’ll be adding to your sales bucket (funnel…pipeline, whatever word you’re comfortable with) on a regular basis. We hope.

Don’t kill the goose that lays the golden egg but also don’t become someone who only knows the way it was back when.  Imagine if you will going to a doctor that only knows medical techniques from 30 years ago, in this day and age even 2-5 years ago isn’t quite what it needs to be you need to change to stay current and viable, you don’t have to follow the down side of a market but you do need to figure out how to constantly improve and challenge yourself each and everyday to be just a little bit better than the day before.  Think of your self as a weightlifter, no one can walk into a health club and pick up something that weighs 400 pounds the first time if they have never lifted anything heavy in their life.  But with constant training, proper form, hard work and education you’d be amazed how many people can pick that weight up over and over again.  That is about change, changing what you’re doing to achieve what you need want to.  Changing how you go about doing the little things and the big things and changing how you plan to pick up the weight of the selling profession.  The days are gone where you have job for life,  the only way to have a job for life is to accept that you need to change and then and only then can you achieve results that every company looks for in one way or another.

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