A few weeks ago the folks at Kadient briefed me on their approach and their sales performance improvement tools. As you would expect, I posed the chicken-and-egg question with respect to what order a company should implement Kadient’s tools versus installing and implementing a sales methodology. I liked their answers.
I picked up a tweet from Kadient’s Rich Berkman (@richberk) last week about a new guide they had just published, How to Create Killer Sales Playbooks: Four Steps for Designing Sales Playbooks that Win Deals.
Just from the title, I was immediately encouraged. Here’s why:
I believe in sales playbooks. I’ve used them and have recommended them to clients, who generally saw significant performance improvement;
“Four Steps” represents process and sales leaders and sales people can often use a lot more of that;
The guide is focused on winning deals.
I downloaded the guide and read through it. These guys from Kadient get it. Here’s a quote from the guide (with permission). Highlights are mine:
Whether you decide to begin with a top-down or bottom-up approach, your playbooks should be aligned with your sales process.
“But, wait,” you say. “We don’t have a sales process!” This is a very common situation. Chances are that you do have some process or steps that define the stages of your sales cycle. Sales playbooks are an excellent organizational hub for defining them. Also, every organization has successful salespeople who are following their own processes.
If you don’t have a defined process, you can still get started quickly by defining a baseline set of sales stages and then using playbooks as your organizing tool for its development. Focus on mapping out your existing sales-to-buyer lifecycle or process. Some of the most successful playbooks have been those designed from a blank slate or ones in which it was decided that the sales process would be reinvented through the use of sales playbooks.
If you have a sales process (or multiple ones), align it with your customers’ buying cycle and create a map for your sales playbook. The goal is to stimulate a conversation between seller and buyer-the seller diagnosing the buyer’s needs and then providing the buyer with the right information at the right time.
In addition to directing salespeople to what they should do at each stage of the sales cycle, mapping will also identify specific activities that need to be completed to advance deals. This should illustrate how your sales teams engage with customers at every stage of the buying process.
You can download the guide here (registration required). I highly recommend it.
I had a really bad experience with Dearborn Trade Press (now Kaplan Financial Publishing) with my book, How Winners Sell, Second Edition. It’s no longer in print, although companies seem to be able to find copies somehow when I come in to present at their sales kick-offs and other events. (I will write about the whole nasty Kaplan situation one day. In the meantime, anyone considering publishing with Kaplan needs to give me a call.)
I was thinking about putting How Winners Sell up on Amazon’s Kindle. After a long, long effort, I finally got the rights back. I wrote the Second Edition in 2004, but most of it is still very relevant.
The proposition. Here is a free chapter. All I ask is if you get some value from it and are interested in reading the whole book on either the Kindle or an e-Book format, let me know. I may decide to republish it.
Strategy 18: Become an Expert at Competitive Positioning
I don’t know about you, but I get a big thrill when I watch a high-integrity, seasoned sales pro competitively position his company and offering. It may happen during a presentation or during a sales call as objections are raised by the buyer.
When you think about it competitive positioning begins when you formulate your strategy. From that point onward, your messaging, talking points and objection handling are driven off the same thing—the unique value you can provide to your client.
Here are some examples of how winners I’ve worked with masterfully handle competitive positioning:
Situation 1: Selling Against Goliath
If you sell for a smaller company that competes against the big guys, the age-old story of David and Goliath might come to mind. In this story, the giant, Goliath, was beaten in a fight by the small boy, David. I often see “Goliaths” beaten, but it takes flawless execution of a well-designed plan.
The most important thing of all when selling against a much bigger competitor is to be certain that if you meet or exceed all the prospect’s requirements, that size—for size’s sake—does not matter. That’s an issue of qualification. You may have the best product, innovative service capabilities, committed people, stellar customer satisfaction levels, top product quality, most respected investors or anything else that you consider of value, but if size matters, little else will measure up. And if size does matter, and you can’t convince your prospect fairly quickly that it shouldn’t, you need to get out of there—and quickly on to another opportunity. Know your prospect’s history regarding doing business with smaller companies. It may mean nothing to them, since they do it all the time. On the other hand, you may be the first and may have a long, bumpy road ahead.
What all this means is that there are certain opportunities for which you should not compete, because you can’t win them. Sorry, but that’s a fact.
Now What Do You Do?
You’re going to need to influence your prospect’s decision criteria, so that the perceived value of your competitor’s size as well as other size-related capabilities are diluted, neutralized or, in the best case, seen as a disadvantage. Many salespeople are accustomed to highlighting a competitor’s weaknesses. In the situations where you are competing against a bigger company, you will (professionally and subtly) dilute their strength.
Here is a simple, well-proven example. Let’s say I sell for a smaller professional services firm and I am up against a major player. Based upon preferences and needs of the buyers, I may decide to use the “small-fish-in-a-big-pond” approach.
It goes like this: “Ms. Prospect. There are few people who would not be impressed by my competitor’s size, global reach and financial as well has human resources. I’m sure they proudly reference some very prominent customers. However, you might consider that a project such as yours, although highly critical for you, might very well not have the same level of importance for them and therefore may not generate the ongoing attention within executive levels of their company that their premier customers’ projects would. It’s only natural…”
From that point, you would discuss how you would meet their technical requirements and establish a business relationship going forward, stressing attention that would be paid to the progress by your executives. You’d convince them that your company’s success would depend directly on their success, not the other way around. You’ll be portraying them as big fish in a small pond, with the driving message being how important their business is to you.
If you are effective with this approach, you will have moved down in importance the size and impressiveness of their customer list and up in importance the attention paid to them by your executives as well as your company’s interest in their success.
Here are challenges you might face in a David and Goliath situation and some alternatives to consider: Continue reading →
It was an exciting week. I started out in St. Paul on Sunday afternoon. I was there Monday and Tuesday to attend a few meetings with a special client, deliver a few presentations, facilitate some discussions and attend their annual sales awards dinner. It was two of the best days I’ve ever spent with a client. More about that another time.
Several months ago, after already having this trip booked, I was hired by a company in Dallas to deliver the keynote at their sales kickoff meeting on Friday, first thing in the morning. No offense to those in the Midwest, but what was I going to do between Tuesday evening in St. Paul and Thursday evening in Dallas? Flying home to Martha’s Vineyard wasn’t an option. I considered meeting clients, some friends, but I came up with a much better idea…
I gave up playing the trumpet professionally in 1975. The reason was this: no matter how many teachers I went to, no matter how long I practiced (six hours a day, generally), and no matter how insightful, creative and analytical I tried to be, I couldn’t overcome significant problems with range (high notes) and endurance. Busy professional trumpeters, such as I was, can have two or three gigs in a single day, sometimes amounting to eight or even ten hours of playing. Having to play in the upper registers, needless to say, adds a lot of weight to that burden. One day, frustrated with my lack of ability to overcome those technical obstacles, I just packed it it. Done. Over.
Thirty-two years later I picked up the horn again. I sounded horrible at first, but began to get my chops back, little by little. But my previous obstacles—range and endurance—were still obstacles. I was no better off.
Back in the 1970s there was a remarkable young trumpeter for whom range and endurance didn’t appear to be even a consideration. He could play as high or low as he desired with no visible effort or strain. Hours of playing lead trumpet in Maynard Ferguson’s band every night, perhaps the most demanding job anywhere for a trumpet player, was a breeze. At 24 years old and 124 pounds (!), he rocked the community of trumpet players back on their heels, me included. His command of the instrument stared me right in the face—and it contributed to my quitting.
Knowing I had an extra two days in the Midwest, I looked up that amazing trumpeter, Lynn Nicholson. He now lives in Las Vegas, and gives trumpet lessons! A few emails back and forth and we were set. I would head to Vegas from St. Paul. Lynn would pick me up at my hotel, and he would give me a two-hour lesson. What I found curious, though, is in every email we exchanged during the eight weeks prior to my visit, he would remind me to keep an open mind. Again and again he wrote it. Keep and open mind. I assured him that this wasn’t an issue for me, but nevertheless he kept insisting that these two-hours would be very different for me and an open mind was what was required.
The lesson was yesterday.
I hate hackneyed cliches. I try not to use them. But here goes. Yesterday was a paradigm- changing, out-of-the-box thinking, smack-in-the-side-of-the-head day. Some of the core beliefs that I had about playing the trumpet (from some of the “best” teachers anywhere), were not only wrong—but get this—not even applicable. What he showed me was so counter intuitive, it defied logic, at least at first.
Talk about needing an open mind… One new paradigm for example: the higher you play the more relaxed your lips should get. Picture that. I sure couldn’t. Every trumpet teacher I ever had implored me to strengthen my lips with exercises, because the higher I needed to play the tighter they were going to have to be. So very wrong. Lynn proved it to me with a demonstration of his range and dynamic capabilities. The sheer volume of bright, cutting, healthy sound, up and down three-and-a-half octaves was astonishing. Lynn is capable of producing a sound so big that he wears sound-reducing headphones. Then he told me his embouchure (lip and muscles around his mouth) are weaker than mine. He’s actually played only 10 hours in the past three months. Less is more? Weak is strong? All that and more. My mind was spinning.
Lynn talked about the adaptive algorithm that trumpet players (and everyone else) naturally employ to get past an immediate obstacle. After the lesson I was back in my hotel and had to play with a mute, which not only dampened the sound, but altered the physical characteristics of the trumpet, mainly in the amount of additional resistance to blowing the mute caused. I felt off-balance and confused working on what Lynn taught me.
I emailed Lynn telling him where I was with what I learned, with a question about how to manage it. His response, “Great news! You are making substantial progress, for sure. Don’t worry about the mute. It is simply another aspect of the adaptive algorithm, and will be handled appropriately as you allow the concepts to be implemented in the absence of thought.” And it was. Ten minutes later more progress in the right direction. My range had increased from two-and-a-half octaves to four.
Understand, I’ve got a long way to go. Not ready to be up on YouTube for all to hear, but the old, incorrect foundations are intellectually and physically broken down. Now, new habit building, doing the right things the right way. Major progress, and this time, for a change, in the right direction!
I think you understand where I’m headed relating to sales, selling and leading a sales team. Times are seriously tough. We all need range and endurance. Are the foundations we’ve built, during very different times and under very different circumstances applicable? Is the answer to a significant challenge the color yellow when the options you see in front of your are only fast or slow? Is your mind open? Do you understand that change is the only option? And what adaptive algorithms will enable solutions to manifest themselves from the absence of thought?
Here’s a video of Lynn in 1974. His solo is 2:09 into the clip.
And here he is now.
Total and complete command of the instrument. Effortless. Gives me the chills every time I hear this clip.
I’m in Dallas now, and gonna practice for a little while…
Photo: This blogger, the subject of “show-and-tell” at the grandkids’ pre-school.
I believe in checklists. Clearly the medical community just got the message as well. A study published online by the New England Journal of Medicine this week shows that adopting a surgical safety checklist (PDF) reduced deaths and complications by more than a third. From the Wall Street Journal:
Researchers collected data on nearly 8,000 patients who were operated on in eight hospitals scattered around the world. As a basis for comparison, about half the patients underwent surgery before the checklist was adopted. The death rate fell from 1.5% to 0.8%, and the rate of inpatient complications fell from 11% to 7%.
As a pilot, I’m always aware that while flying and on the ground, lives depend on me not missing any steps or getting them out of order. Make sure propeller area is clear before starting engine. Landing gear extended before touching down on runway. It’s amazing how many pilots don’t use a checklist and execute wheels-up landings. (Note: I wrote this post literally as US Airways Flight 1549 ditched into the Hudson River. There is no doubt in my mind that the event would have been a disaster had the pilots not executed their emergency engine-failure and water-ditching checklists. )
ESR estimates that 80% of sales opportunities are lost due to either ineffective qualification or ineffective planning. Every sales plan I’ve ever written has had a checklist. What’s a sales plan without a list of events, activities, calls, meetings, and tactics—a checklist?
A top salesrep I mentored almost missed his number one year because he didn’t have a checklist. Here’s what happened:
He was selected at a division of a Fortune 500. The VP of Manufacturing was his sponsor. The solution was $1.5 million of ERP software and related services. During a conversation about the opportunity, I asked him whether the appropriation was on the agenda for approval at the next board meeting, the last of his company’s fiscal year. The silence on the other end of the phone was my answer. “I’ve never forgotten to check that before,” he said. I believed him, but he forgot this time. I held on as he called his sponsor on his cell phone. The item had not been added to the board’s agenda for that next meeting. A quickly executed series of calls got the item on the agenda and the rep got his dea.
A checklist is a simple way to instill some discipline into a salesperson or sales team. There is very useful technology that will support building a series of pre-ordered events and steps for a sales process and for monitoring execution. But in the absence of a tool like that, an Excel-based checklist will get the job done.
When you think about it, the checklist is nothing more than a to-do list. The difference is the checklist is built for multiple sales opportunities. Here’s one you can download, with my compliments. It was used as an example in my book, How Winners Sell. It’s very simple, but will get you moving in the right direction if this is a challenge for your sales team.
If you don’t know whether your sales team needs a formal checklist as part of their standard sales planning regimen, ask them, “What are the next five things that need to be done, in order, to advance this sale?” The answer will reveal a lot.
Followers of this blog are familiar with the high value I place on planning, competitive selling strategies, and political leverage for winning complex sales situations as well as for effectively managing strategic accounts. I was first introduced to Holden many years ago by Steve Slaughter, a salesrep who worked for me who had been through Holden’s PowerBase Selling. I subsequently brought Jim Holden and his team into that company and others as well. Although Holden wasn’t right for every company at that time, they certainly were for us. Stellar implementations of the Holden methodology at several companies with whom I was engaged enabled us to grab and sustain leadership positions.
Like most sales training companies, Holden International has been through some significant challenges during the past decade. Recently, I spent some time with the executive management team as part of our research for ESR’s upcoming 2009 Sales Training Vendor Guide and was encouraged by what I heard.
Holden’s President, Ryan Kubacki, has been at the helm for just over two years. His background in sales and marketing at AT Kearney (acquired by EDS), Calypso Systems and Microsoft provides him with a solid foundation for the tough challenges ahead. At this point, he certainly seems up to the task.
Ryan made a point that Holden is solidifying what has been working all these years, while at the same time layering innovative delivery approaches as they continue to strive for sustainable user adoption.
ESR has always viewed Holden as a methodology-centric provider. What’s new is that Holden is now looking at their place within a company’s total sales approach a bit differently. In some cases, for example, they are positioning themselves as a solution to be layered “on top of solution selling, for example.” We’ve not yet spoken with any customers using that hybrid approach, but we intend to.
Matt Martin, VP of Consulting Services, has invested considerable time in both their selling to large accounts as well as transactional territory transactional management offerings. Holden needed development in those areas to provide a more comprehensive solution.
One of the complaints ESR has regularly voices in our research about sales training companies is that some of the mainstream companies just plain skip the tactical proficiency component of a total sales approach. They’re much more about the “what” to do, with little attention to “how” to do it. We’ve seen blank sections of RFP responses where vendors had no solution for some percentage of a sales team that needed help with basic selling skills. Holden is determined to meet those requirements. That’s a plus.
Now Holden offers content in new account penetration and sustaining the executive relationship. We also learned they now offer a PowerBase business development course, personal productivity workshops and a program in selling through channels. (Not to take away from Holden, but ESR knows that effective channel management requires more than a program or two and a few dedicated people…)
Holden understands how important coaching is to sustainable sales performance improvement. They are revamping their sales manager coaching curriculum, and it is “taking off.” Many years ago I was certified to deliver Holden’s Sales Management program. The coaching piece was solid back then.
Holden has invested in their eFox tool (powered by White Springs). It is being componentized and full-blown account management support is forthcoming. That’s progress as well.
This all may sound terrific to you, if you’re searching out a sales performance improvement provider. I can only warn you that selecting Holden or any other company based upon this or any other one-page write up is precisely the wrong thing to do. If you are presently, or will be evaluating sales training companies, consider investing in ESR’s upcoming Sales Training Vendor Guide, where we really compare and contrast Holden against 25 other leading providers.
Disclosure: Holden International subscribes to ESR’s research.
One of the top firms among the 26 sales performance improvement providers ESR covers is Performance Methods, Inc. (PMI). Founder and managing partner Steve Andersen is recognized as a thought-leader in the demanding and often misunderstood area of strategic account management. (Listen to Steve in an ESR/Podcast.)
To understanding what a strategic account management methodology is you’ve got to look at that old word “strategy.” Your salespeople are simply not going to be able to drive the kind of long-term, mutually profitable relationship with a customer by the seat of their pants, employing tactics, tips and tricks. Strategic account management is serious business. In the U.K. I worked with a Hewlett-Packard SAM whose team of 40 HP account managers serviced a Europe-based global consumer package goods company. Even your best heavy-hitter sales hunter would fall flat on their face in a business situation like that. Believe me.
Over the years, ESR has recommended that some of our clients join The Strategic Account Management Association (SAMA) for the programs, resources, expertise and ability for their SAMs (strategic account managers) to network with other SAMs. Steve Andersen is one of the experts that present regularly at SAMA events.
I posed a few questions to Steve as we come into this challenging new year:
Dave Stein: What actions are some of the more strategic of your clients taking during this economic crisis with respect to managing their strategic accounts?
Steve Andersen: Everyone knows that a supplier’s most important assets are their customers, but I continue to be surprised at how little some organizations are doing to become more strategic to their most strategic customers. Despite the economic downturn, many of our clients are investing in best practices that will position them to become more strategic to key customers through the deployment of advanced selling skills and the strategic account management efforts of their sales organization. We’re seeing a renewed commitment to understanding how important customers define value, sell, create and deliver this value, and then follow-up with customized metrics and measures that have meaning and significance to both the customer and the supplier. (Note: ESR audited and certified PMI’s sales performance improvement measurement methodology.)
DS: What are they doing in-house to weather the storm?
SA: Many of our clients are re-assessing their value propositions for their most strategic customers and are now deploying programs that will connect them more directly with what these customers value most. Other are expanding the level of field coaching that they expect from their first and second-level sales managers and equipping them to be more proactive with sales coaching best practices that will help them create value for their reps and salespeople ‘out on the street, reducing rework in the process. We have several clients with travel restrictions going into effect for 2009, and we’re building customized, blended training and reinforcement programs for them (utilizing WebEx, Sales 2.0, Web 2.0/3D and Second Life technologies) to maintain the momentum of their current training initiatives, and in some cases, to launch new, “next level” initiatives. Other clients are planning to get more out of their investments in CRM solutions, and we’re working actively with them to technologically enable their sales best practices solutions to provide more value to the end-users.
DS: Do you see any new or innovative approaches in the area of strategic account management?
SA: Yes – many! So many, in fact, they PMI is offering a new “sales best practice” solution area to our clients that we refer to as “Innovate to Differentiate.” Through our client work, we have had the good fortune to observe the best practices of some of the top account managers in the world and have documented and organized our findings in what we call the “Zones of Innovation.” When we observe an innovative best practice, particularly those that either create customer value, provide supplier competitive advantage/differentiation, or as is usually the case, both, we add this to the appropriate “Zone.” In a smaller 2009 market, we believe that innovative best practices can be the difference between winning and losing business, and of all of the innovative best practices that we’re observing, perhaps the “hottest” is planning collaboratively with strategic customers—our clients’ customers, that it. It’s surprising to see just how much can be gained by simply changing the way that you engage with your customer so that the supplier is more aligned with their customer’s decision process.
DS: What are PMI’s prospects for 2009.
SA: 2008 was one of the most successful years in PMI’s history, and I believe that this was because of the type of value that we are creating for our clients. Much of our work is at the strategic customer/supplier level, as opposed to basic Sales 101—type training, and these types of projects are more important than ever in a down economy. To illustrate, we kicked-off a new client project in November with the SVP of Worldwide Sales taking center stage and informing the audience (his entire sales management team) that he could either “invest in the future” or shut-down all discretionary spending. He explained that his decision was the former and he made it quite clear that he expected them to do their part and win a “bigger piece of a smaller pie” in 2009. This client is deploying several of PMI’s SAM programs. This evaluation was quite competitive, with several vendors covered by ES Research in the mix, as well as an incumbent “strategy consultant.” With clients like this, we are forecasting another strong year in 2009.
Note: ESR has found that many sales training providers do not have specific methodology, curricula and content for strategic account management programs. Yet, they try to convince their buyers that they do. In 2009 ESR will target coverage of challenges and solutions around strategic account management and the providers that excel in that discipline. This is the first part in a series.
Disclosure: Performance Methods, Inc. subscribes to ESR’s research.
Pick one or more of the resolutions below. Commit, execute, enjoy the results.
I’ll never hire another sales rep who can’t get the sales job done. First, completely understand the position and the skills and traits required to be successful. Evaluating whether a candidate meets those requirements requires a series of two to three structured interviews. There are no perfect candidates, but if you understand gaps between what capabilities the candidate possesses and what is required for the job, you can train, coach or support that new rep to success.
I won’t spend another dime on technology for my sales team without knowing specifically how it will help my reps win business. In general, what companies receive in return for their investment in CRM technology is significantly short of expectations. Before you make any investments in CRM, Sales 2.0 or other emerging technologies make sure the primary recipient of value is the salesperson. There has to be a direct, proven connection between the software application and the salesperson winning more business.
I will teach and then continue to encourage my reps to look at selling strategically. Many salespeople don’t think past the next meeting or phone call. You will be doing them (and yourself) a big favor if you can coach them into seeing the big picture—the next five steps in the sales cycle or what the customer’s situation might be in six months when they expect to make a buying decision.
I will look at sales performance improvement strategically. You should know by now that tactical, event-based sales training doesn’t really provide any long-term value. So why are you still wasting time and money on it?
I will implement a formal coaching function to support my sales reps’ growth. Coaching is not a sales manager closing a deal for a rep or telling them what to do in a tough competitive situation. Coaching is a mission-critical, formal, ongoing activity that is required for significant sales performance improvement. If you don’t know where to start, send me an email. I’ll point you in the right direction.
I will run my sales organization like the business that it should be. In order to be successful, businesses require business plans, process, discipline, documented responsibilities and accountabilities, quality assurance and measurement of output. I’m not suggesting bureaucracy here. Just the appropriate measure of formality and seriousness. If seat-of-the-pants ever worked in B2B selling in the past, it certainly doesn’t any longer.
I will provide my sales team with the leadership they need and deserve. A few questions for you around one area of leadership: Is marketing not getting the job done? Does the CEO set unrealistic revenue targets? Are customers angry due to product problems? Do your products or services not meet the needs of your market? These and other challenges can stop the best sales team in its tracks. It’s your job to get issues like these addressed and resolved. If you don’t have the required leadership skills, get them.
I will advance my team considerably further than foundation Sales 101 skills so they can really be competitive. Winning these days requires more than just basic selling skills. Make sure your sales process includes advanced components, such as political mapping, selling to senior executives, and competitive strategies and tactics. Find the best approaches in those areas that fit your business requirements. Train your people. Sustain improvement with coaching and other post-training reinforcement.
I will elevate the importance of my team’s knowledge about our customers’ businesses. Many customers of yours are buying only what will help them survive this economic crisis. If your salespeople can’t position your products and services in terms of contributing to your customers’ success—from your customer’s perspective—they aren’t going to sell very much.
I will commit to understanding my weaknesses and improving those capabilities as a sales leader. There is no shortage of intelligence, research, best-practices, coaches, consultants and just plain good advice. Avail yourself of the best of them.
Geoffrey James ran a wonderful series of posts last week. He spent six months collecting nominations for whom he eventually determined are his “Sales Gods.” I literally went to his blog first thing each day to see who he was featuring.
Although this post, What We Can Learn from “Sales Gods”, is the last post in the series, reading the summary first will work. Plus, the links to the five individual posts are listed.
Donal Daly, CEO of The TAS Group, wrote a great post (Early failure is better than late failure) on his company’s blog that is more than worthy of your consideration. (Disclosure: The TAS Group is a subscriber to ESR’s research.)
In the post Donal discusses the not-often-enough-overcome challenge of effective qualification. From the post:
When budgets are tight – as they are in times like this – opportunities are sometimes hard to come by. When that happens you’re tempted to chase anything that moves, succumb to demands for extortionate discounts, or throw in extra products for free. All this does is make it harder to make your number. You will need to do more deals to reach your quota, and as word gets around of the deals you are prepared to do you enter the death spiral.
Easy for you to say, you might think. With so many fewer deals out there, you’re telling me to have my salespeople qualify harder and eliminate some of those potential opportunities? you continue.
Precisely.
So why isn’t effective qualification something every salesperson does automatically, like eating, breathing, and submitting expense reports?
I see three predominant reasons:
First of all, it’s not in many salespeoples’ DNA. Optimism is often considered a critical trait for a salesperson. For many salespeople, denial is only one small baby step from optimism. They don’t ask the tough questions because they don’t want to hear the answers. (It was Mark Twain who said, “Denial ain’t just a river in Egypt.” He wasn’t a sales consultant, but probably could have been with such an insightful remark.)
Secondly, some subset of you, their managers, also don’t want to hear the truth. Alexander Pope wasn’t a sales consultant either, but with his observation that “Hope springs eternal,” he could have fooled me.
Finally—and I think Donal will jump aboard on this one—there is too often no method (accompanied by the appropriate learning and tools) provided to sales people for them to effectively qualify opportunities.
During these challenging times, can your sales team to raise their hit rate against the smaller number of opportunities that may be available to them? If not, you’ve got to take a serious look at your total approach to qualification.
No matter what side you were on, here are a few observations, affirmations and truths, post-election, with respect to selling:
Strategy and tactics are equally important. The purpose of executing tactics in a sales campaign is to drive a well-founded strategy. Tactics without a strategy is like playing darts with your eyes closed.
Message! Not messages, messages, messages. Decide what you are going to count on to win based upon research—a focused, objective assessment of the sales opportunity.
You can successfully change the ground rules even if you temporarily lose ground.
The understanding and leverage of political influence is crucial.
Messages must be clear, concise and compelling and paint the vision of a better situation for the buyer. One fumbled message can dilute the impact of a hundred perfect ones.
Logic and the facts aren’t the only things buyers consider.
Discipline rules. Seat-of-the-pants doesn’t.
Knowledge of your opponent’s plan to win is vital for devising and refining your own plan.
Direct and blatant “bad-mouthing-the-competition” doesn’t generally work.
Never underestimate the underdog.
Want to win? Look the part.
Tell the truth before your opponent exaggerates it.
Choose the right team. The salesperson is CEO of their own virtual sales corporation. Whom they choose to stand next to them and to advise them can make a big difference.
Whomever has momentum at the time of close generally wins. Its very difficult to build momentum just at the right time without a plan.
Embrace technology. It permeates pretty much everything most of us do.
Go broad and deep into the customer’s organization as appropriate. (Ideally effective marketing will have blazed the trail in advance. See the article How Better Marketing Elected Barack Obama. Thanks, John Caddell.) Build consensus where it matters.
Don’t lose your composure or violate your own principles.
Understand that energy, determination and relentless pursuit of the goal is the fuel that powers the engine.
I’m sure I missed some points. What would you add to this list?
By the way, Newsweek’s Secrets of the 2008 Campaign has been published on their website. It looks like a terrific read. I haven’t tackled it yet, but I definitely will.
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About Dave
After a career as a sales consultant, trainer, and author, I'm now CEO of
ES Research Group, Inc., which I founded in 2005.
ES Research Group publishes independent evaluations and comparisons of sales training companies and their products and services. (Think Consumer Reports, JD Powers, or Gartner.)
For the past twenty years I've focused my career on the area of sales performance improvement, sales effectiveness and especially sales training. In addition to this blog, I write the Smart Sales column for Sales and Marketing Management magazine.