Showing posts with label selling. Show all posts
Showing posts with label selling. Show all posts

Thursday, April 30, 2009

“FIREPROOF” Business Partners

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Last year, in my personal blog (A Few Days With Figgins), I posted an article about a movie called “FIREPROOF”. As I said in that article, “Just from the movie’s logo, the word ‘FIREPROOF’ with the ‘OO’ represented by interlocking wedding rings, you quickly get a sense of what the movie is about.” Since my Wife, Ruth and I head up our church’s Married Couples Fellowship, we welcome seeing a movie that encourages married couples to tend to their marriage. Of course, techniques that are healthy for marriages are often wise additions to other sorts of relationships. As the U.S. economy has been going through its current “trial by fire”, I’ve been reminded of the importance of having “FIREPROOF” business relationships.


Most Sales people become adept at communicating WIIFM (What’s In It For Me) messages to their Prospects. Typically these are FABs (Features, Advantages and Benefits) … things like “A 3.2 GHz processor”, “50% faster than your current PC” and “You’ll be able to do the same amount of work in half the time”. But, how many Sales people fully address what to expect when there are problems? Of course, after-Sales service, warranties, etc. are commonly detailed. How often, though, do you hear a Sales person say something like, “You know, we have a great (company, product, service, etc.) but we’re not perfect and there will be problems. An important consideration for you is, when problems come up, have you chosen a business-partner you can count on? I want you to know, when problems occur, you can count on me to be there, shoulder-to-shoulder with you.” Especially in the current “trial by fire” economy, its important to set your offering apart in as many meaningful ways as possible and setting yourself apart in this way may make the difference in whether you get business or it goes to your competitor.

This is, also, an important consideration in hiring. As a Sales Manager, there are numerous qualities to consider, in selecting the right Sales people for your team. However, no matter how good your selection is, the person you select won’t be joining a perfect (company, Sales team, Sales Manager, etc.). What can you expect from them when problems arise? Although the commitment to an employer/employee relationship isn’t the same as the Husband/Wife commitment to marriage, its important to know if you’re hiring someone who will stick with you “through thick and through thin”. Likewise, when you, as a Sales person, are considering a new employer, you should give this aspect some thought.

The movie “FIREPROOF” uses the metaphor of a company of Fire Fighters and their motto, “Never Leave Your Partner Behind”, to exemplify a necessary attitude for a successful marriage. With that said, I think its fair to say, there’s no such thing as a “FIREPROOF” marriage. There will be fires and some burning will take place. However, if Husband and Wife are fully committed to “Never Leave (Their) Partner Behind”, the marriage won’t “go down in flames”. Especially in the current “trial by fire” economic times, it seems important to strive for this sense of “FIREPROOF” in business relationships too.

What are your thoughts on this? Do you agree? What are your favorite stories, along these lines, that you’d like to share?! Please let us know so it can be shared with others.

Tuesday, October 21, 2008

Win-Win Selling … Another Perspective

“Win-Win Selling Is For Losers”. That’s the title of a current post by one of my favorite Sales bloggers, Scott R. Sheaffer. I have a high regard for this fellow Sales Professional’s views. In fact, Scott’s blog, Sales Vitamins, is on my Blogroll. With that set up, you may be expecting me to now say something like, “However, in this case, I think Scott’s all wet.” But I don’t. Actually, I’m in agreement with the views he expressed on this and if you haven’t read this article, I recommend that you do. Still, I think there’s another important perspective to consider.

At the risk of oversimplifying Scott’s message, I’ll say that the essence of my agreement is that it isn’t helpful and can be harmful for a Sales person to use the “We just want to make this a win-win situation” cliche. Scott is completely right that this is a trite expression that takes the focus off of the WIIFM and ignores that the “Me” component of the WIIFM is the Customer. With that said, though the cliched “win-win” expression may be unwise, I believe that the determination to achieve “win-win”, even if unspoken, is quite important. Here’s why:

The smart Customer recognizes that, in most cases, ”win-win” is in their best interest – i.e., it is part of their WIIFM. Regardless of the product or service the Customer needs they do “need” it. In other words, the Vendor is meeting a need that the Customer can’t satisfy on their own. The Vendor/Customer relationship isn’t a one-way street. It is, in fact, a mutually beneficial business partnership. With this in mind, the Customer understands the legitimacy of the “win-win” called “profit motive”. In most cases, their company will have a “profit motive” in mind for their products and services. Beyond this, the Customer understands that its the “profit motive” that makes it possible for their Vendor to keep fulfilling their needs and to get better at doing it. So, even if its only implicit, a Vendor that is determined to achieve “win-win” may be offering just the set-apart that the Customer knows they must have.

It may seem more obvious, on the Vendor’s side, why the “win-win” called “profit motive” is important. Nevertheless, my experience has been that finding this lacking in Sales Cultures is nearly as common as the use of hackneyed Sales cliches. Perhaps, in some cases, the effort to avoid the latter may end up causing the former. I’ve found that this can be avoided fairly simply. I start with pointing out that, though it isn’t always appropriate to bring it up in a Sales presentation, its completely appropriate to want your company to remain healthy. Then, it can be used to help the Sales person mature … when a Sales person is sort of “comfortable in their own skin” – i.e, at peace with the legitimacy of their function within a business process, they tend to become more and more self-assured. And, finally, they learn that there are circumstances where it is appropriate to bring this into the conversation with a Customer. A good example might be in a price versus value selling situation, where the Customer needs to understand that the value provided by “win-win” can be their sacrifice for a competitor’s lower price.

So what do you think? Do you agree that both my perspective on “win-win” and Scott’s are important? Is one more important than the other? Let us know your views so others can benefit from your experience too!

Tuesday, October 7, 2008

“The Perfect Face” for Inside Sales

“Back in the day”, as TV encroached on the domain where Radio had been dominant, some Radio Stars were unsuccessful in their attempts to transition to become TV Stars. With some, it was said that this was because they had “the perfect face” for radio. In other words, some of those attractive voices didn’t have the eye appeal to match.


As the metamorphosis of Inside Sales has given it a more significant role in Selling, I’ve observed some similar phenomena, though in reverse. I’m not saying, if you’re not a great looking person, you shouldn’t consider Outside Sales and get on the phones right away. I’ve spent the great majority of my fairly successful Sales career in Outside Sales and I’m no Brad Pitt. What I am saying is that you can’t expect to take a good Outside Sales person, put them in an Inside Sales role and expect instant success.

Although I’d had previous involvement with Inside Sales, in its initial, supportive role for Outside Sales, my most significant experience in this arena came from the work I did in the Call Center of a premiere Direct Sales organization. This is where I first observed the phenomena mentioned above. My primary objective in this assignment was to assist this group, as it shifted its emphasis from transactional selling to more of a consultative approach. In doing that, I started by going through the classroom Sales training for new-hires. When it came time to role-play, some experienced “old hands” were brought in from the Call Center. I was matched with one of these “old hands” and I was a bit surprised at my level of discomfort, as I took on the role of the Inside Sales person. When it was the “old hand’s” turn, I noticed that the first thing he did was to roll his chair away from his workstation, put his elbows on his knees, rest his head in his hands and he stared at the floor … not at me, across the room. An “aha moment” for me! I realized that I had brought into that room a set of skills, that I’d honed over the years, that no longer applied because I was no longer able to visually connect with the Prospect.
My “aha moment” in the classroom ended up leading to the area where I was able to make the most significant strides, in developing the consultative selling abilities of this Direct Sales force. When I got to the Sales Floor of the Call Center, of course, I found that some of the Inside Sales people had previous successful experience as Outside Sales people. Within this group, I found that some were managing to succeed in their new environment, while others were “just getting by” and others were failing. The most significant difference I found in these groups had to do with my “aha moment”. Generally, here’s why:

The ones who were failing didn’t recognize why their previously successful approach wasn’t working and they had pretty much given up. With the ones who were “just getting by”, it seemed that they knew what wasn’t working for them anymore but they weren’t sure what to do about it and they were settling for what they could accomplish “in the transactional mode”. Those who were succeeding had become more consultative, in many cases unconsciously, through learning to replace their skills of visual observation with other techniques.

My approach, to start addressing this, was simple. Rather than emphasizing the sense of hearing over the sense of sight, I encouraged the sales people to focus all their senses on the human being who was calling in/being called. I would say, “You see that line of script lighting up on your PC monitor? That’s not just a stream of electrons, that’s a human being. And though they may not use these exact words, they are calling here for HELP! Your job is to learn, as completely as you can, what they need help with, that we can provide. Then, as thoroughly as you can, to communicate what we have to meet their needs and how it will meet their needs.” That turned out to be a great foundation for developing an effective consultative Inside Sales person.

For more on this, I recommend checking http://findarticles.com/p/articles/mi_m0EIN/is_2008_May_13/ai_n25408211. How have you approached this? What successful methods do you use that you can help others with by sharing?

Comments
 
greg wease Says:


October 7, 2008 at 2:57 pm edit

Gary – great article.

It has been my experience in the technology and media sectors is that many outside sales reps are now required to allocate a certain percentage of their time in the role of an inside sales rep, especially with the advent of social media and on-line collaboration.

grwiram Says:


October 7, 2008 at 3:32 pm edit

Great point, Greg! In addition to these aspects of New Media Sales & Marketing, the current economy necessitates that a Sales Professional equips themselves to be more of a “Utility Player”. The days when Smilin’ ‘n’ Dialin’, for Prospecting, was as close as an Outside Sales person came to doing true Inside Sales work are as passe as the days of the “Smoke-Stacking” sort of Prospecing I mentioned in an earlier post – http://garywiram.wordpress.com/2008/09/20/the-tech-savvy-sales-organization/.

Nick Moreno Says:


October 17, 2008 at 11:35 am edit

Great article… thanks. The “sales foundation” for both inside and outside sales is to uncover a problem that you can “fix” with your product or service. It’s not about the product… it’s all about the solution.

Thanks again.

Nick

Vern Says:


November 7, 2008 at 9:44 am edit

I really liked your aha moment story because it shows a level of awareness that’s not available for many folks, as is clear by the story of what happened to other outside sales people when moved to the phones. I’d suggest that with such awareness, you may want to start a telesales consulting business of your own.

Monday, September 22, 2008

Sales Incentive Programs – Maximizing Impact

WIIFM? What’s In It For Me? That question is at the heart of the buying motive. Whether we like to admit or not, its also at the heart of human nature. That means, not only is it at the heart of the buying motive, its at the heart of the selling motive too. So, regardless of a Sales Professional’s protestations that they’re really focused on their development and mastering things like strategic/complex selling, silently, they’re asking WIIFM? I’m, certainly, like that. My business card says, “Consultative Sales Professional” and I am but put an added incentive on the table and “I’m in baby!” And I’m perfectly happy to let others know of my success in competing for incentives. Wanna see the limited edition engraved marble Inner Circle plaques I have for each of my 11 years at Minolta?!

So, all that’s necessary is to play to that human nature … when Sales aren’t where you want them, just feed the WIIFM instincts of the Sales People then sit back and wait for the results. Right?! Well, sort of. Yes, you can grow your Sales along with growing the reward for the performing Sales Person through such feeding but I think, far too often, Sales Incentive Programs miss out on growth opportunities that can be much more far reaching and have significantly greater lasting power. Here’s what I have in mind:

Not long ago, I got to work with the Direct Sales Force of a company whose products are aimed at improving Health & Fitness. I found that, in the Direct Sales environment, Sales Incentive Programs are utilized with much greater frequency than I’ve experienced in Field Sales organizations. I, also, found that, this particular company set aside a significant budget amount in order to, at Christmas, purchase and distribute gift items to lower income families in their local community … no doubt, benefiting the Health & Fitness of that community. My suggestion was to tie the Sales Incentive Programs to the programs that benefit the community. Instead of the top Sales Performers getting to go home with the latest Nintendo has to offer, why not offer them Paid Time Off to represent the company in its community service? There’s still positive impact on Sales and some immediate needs in the community are still ministered to but, in between, there’s a lot of added growth.

But, what if you’re not a large company with its own sizeable Direct Sales Force? It strikes me that, even for a small to medium sized company, a similar approach can be taken. Is there a local business organization that would be beneficial for your company to join but you’re struggling to justify the budget for membership? How about adding to the justification by using the membership as an incentive, allowing Top Performing Sales People to represent the company, as they and your company grow in the process?

So, what do you think of this approach? What’s been your most effective approach to Sales Incentive Programs? Please let me know so it can be shared with others.

Comments

sensetives Says:


September 24, 2008 at 6:18 am edit

There is (unfortenately) not just one way. My experience is that you have to make a mix to have a succesfull incentive program. Not every one gets satiesfied bij doing something for the community. Leave a choice. Because the program has to motivate every individual but not everybody has the same values.

grwiram Says:


September 24, 2008 at 6:44 am edit

Thanks for your comment. I, absolutely, agree. The suggestion I made for community service, as a reward, would work best as an option. You are right that a good program should motivate everyone involved. I just want to encourage being as creative as possible, in doing that, to maximize the resulting value.