Category Archives: Sales

Tough Love Lessons – Are You Just the Life of the Party….

Or Do You Actually Bring Something To The “Business Party”?

I am going to have a recurring theme on my blog called “Tough Love Lessons”. I will warn you in advance, they tone of these posts will be “in your face”, and may not apply to you. But there are people out there who need wake up calls in a variety of areas. If you know anyone who this applies to, please share the post with them.

For those of you who are already in the sales profession, or are thinking about a sales career, there are many opportunities to entertain customers and/or prospects. Events like lunches, dinners, golf tournaments, and trade shows are very common.

These are excellent opportunities to get to know people better, but there is also the potential to embarrass yourself! If you have consumed too many refreshments (or whatever else), you are going to look very silly.

Many people have gotten a “pass” at least one time in their careers for foolish behaviour, but if it becomes the rule that you are the “life of the party”, your credibility is thrown right out the window.

During my career, I have often laughed at the comment,

“He’s a great guy (or she’s a great girl)” for one reason……

But there is usually a “BUT” after.

In this scenario, the sales rep is great to socialize with, but they don’t really bring anything to the “business party”. This is a horrible stigma to have during your career. They are fun to be around, but they are not doing their job! OUCH.

Doing your job to the best of your ability is why people should remember you first.

This is not a 9-5, Monday to Friday type career; so if you are thinking about the profession for “free fun”, think again. There is so much more to it than that!

If you get a bad reputation early in your sales career, you are done. I have seen it happen, and don’t think that you would not be blacklisted as a “party-rep” too.

Oh yeah, one last thing….

You never want to be remembered as “that guy” or “that girl”.

This is the person that was a “memorable fool” at a business event, and people talked about them for years later when recalling the stupidity that transpired.

Never be that person who is late for a trade show or training sessions that management has paid good money for you to attend. Drag yourself to the event no matter what, or you may be looking for a new job sooner than later.

I’m out!

Is Your Team One-Dimensional?

One of the professional hockey teams that I follow closely have had consistency issues all year. It is hard to believe that they are still struggling considering they were awarded the #1 draft pick three years in a row!

It has become increasingly clear over the last while that there is one glaring issue that plagues the team. They have too many of the same players. The team is one-dimensional. The skilled players are very talented but are too small and don’t have grit. At least some players need to possess all of those characteristics.

This situation got me thinking about sales teams and corporations in general.

How effective is a sales team if there are too many hunters or farmers, or perhaps too many quiet reps or outspoken ones?

A good mix of players is an integral part to a healthy, vibrant team. The team needs to feed off each other’s strengths and support each other while improving their weaknesses.

What about for a corporation in general?

If the sales department is performing well, but manufacturing and accounting are a mess (as an example), there will still be struggles overall. If manufacturing is firing on all cylinders, but everything else is having issues, the company is still “broken”.

I have always been a huge proponent of “temporary job trading”.

Do the role of somebody in a different department for even a day to get a better understanding of what it takes to perform their job. Maybe you won’t get so annoyed with them, and have a new appreciation for what they actual do!

Work to cross-train employees so they aren’t so one-dimensional. There will be a greater chance of mutual respect within the team if they have a true understanding of what everyone else is doing each day.

Sports teams, sales teams, and companies as a whole thrive when everyone is working together.
Diversity within a team is healthy, and understanding what everyone’s roles are reduces tension within the group.

Think back to the controversies that are often made public when certain superstar players don’t make an olympic or other highly competitive teams. On the surface it looks like a glaring omission. In reality it is a strategic move by the management team to put other role players in that position. A team cannot be made up of only superstars. It rarely works, and the odds are against from the get-go.

The Five Star 5 – Music I Am Loving Right Now!

Music is a big part of many of our lives, and I am no exception! I listen to it whenever I can, and think the Ipod is one of the greatest inventions of our generation. I can’t imagine still walking around with a “walkman” and a big stack of tapes!

Here are the five songs that are keeping me pumped up right now:

Will.I.Am & Britney Spears – Scream & Shout http://bit.ly/Z0nYIs

Fun – Carry On http://bit.ly/RgIrbC

Bon Jovi – What About Now http://bit.ly/13PY55I

M83 – Midnight City http://bit.ly/oUWVJf

Matchbox Twenty – Overjoyed http://bit.ly/QZhA2r

What music are you loving right now?

Wanna talk music whenever your busy schedule permits?

Stop by our new LinkedIn discussion group called the Daily Music Sanctuary. If you like what you see, click “join” and we will accept you at: http://linkd.in/OeKGgr

We are always open to “chat”, and there is no cover charge!

Come share your opinions on music and have fun meeting a fantastic group of people!

“I’m The King Of The World” or….

“It’s The End Of The World”?

This is a post that was originally written and published about this time last year. I thought this would be a good time to bring it to everyone’s attention again. Hope you like it!

With the 100th anniversary of the sinking of The Titanic this past Sunday, I thought it was time to turn some old notes in to a post!

I might be the only person in the world who has not seen the Titanic movie starring Leonardo DiCaprio and Kate Winslet.  But I do know that Leo screamed, “I’m the King of the world” in a pivotal scene. That phrase inspired this post.

I had a funny thought one day and combined “I’m the king of the world” with “It’s the end of the world” as a way to remember to keep emotions in check when performing a sales role.

Keeping control of emotions has been integral to my success in recent years. I have always tried not to get too high, or too low whatever the situation has been. Of course, I still get excited when I succeed, and disappointed when I fail. But I try to “limit my rides” on the roller coaster of emotions.

I am not saying don’t get excited when great things happen, or upset when things don’t go your way. I focus on minimizing the peaks and valleys. Once I accomplished this, I did not feel as emotionally exhausted at the end of each day.

About three years in to my tenure with one organization, the bottom fell out. I had a drastic drop in sales with a key account, and the reason for the decline was out of my control. It really did feel like “it was the end of the world”. I was miserable for what felt like weeks, but realistically was only days.

I had a brief meeting with my boss during my “pity party”, and agreed that there was nothing that could be done about what had transpired. We decided to focus on growing the business through other channels. Remarkably when the dust settled by year’s end, my numbers had increased year over year! I refocused after the setback occurred, tweaked my goals and ended up having a record year for the territory.

Emotion is great, and those who know me well are aware that I have always worn my heart on my sleeve (just ask anyone who has played hockey against me). You are only as good as your next sale, so keep moving forward. A loss or setback is like a bad shot in golf, tennis, or a goalie allowing a bad goal. Forget about it and move on quickly, learn from it, and stay focused.

With respect to wins, don’t get overconfident. Things can change quickly in sales. Keep focusing on securing more wins and building on past successes. It is just important to realize that if you “ride the roller coaster of emotions” too often, you are going to get off feeling very very dizzy!

The Five Star 5 – Best Prospect Excuses

Sometimes things don’t quite go the way that you would like with your prospects. Objections are not necessarily fun but can often still be buying signals.

Knowing when to move forward and eventually closing a sale is the key. Equally important is knowing when to cut your losses and move on.

Here are the top 5 things that I don’t want to hear from prospects:

– Can I have one of your cards and I will call when you later?
– Is that the best you can do on price?
– We don’t have the budget for your products at this time
– I just bought from one of your competitors
– I am busy right now, call me back in XX weeks

– Bonus – I show up for an appointment – “I’m sorry Mr. Smith is not in”.

What don’t you like to hear from prospects but they have still purchased from you eventually?

When Are You At Your Best?

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Are you…
 
– Wondering why a presentation went so poorly?
– Bewildered by the lack of success of phone cold calls?
– Amazed that a sales call was less than well received?
– Frustrated by the difficulty catching up on paperwork at the end the week?
 
– Have you thought about what time of day you are typically at your best?
– Do you know when you should not be attempting high level activities?
 
Take some time to think about this as you plan your next week. This is often overlooked as schedules are planned.
 
– If you are not a morning person, is it reasonable to expect to hit a presentation out of the park at 8 am?
– If your body and mind is starting to wind down after 3 pm, is that a good time to be starting to phone cold call and expect to be energetic and engaging?
– If you tend to feel sluggish right after lunch, should you be scheduling a sales call shortly after you eat?
– If your organization skills need work, should you be putting off cleaning up all of your To Do’s until late Friday?

I can do a presentation at 8 am because I am a morning person, but I try to avoid them later in the day. Certain people are much more effective well in to the afternoon. Cold call when you are at your best for maximum results.

Lunch affects people differently, so plan your afternoon calls accordingly. I am guessing few people look forward to cleaning up their To Do’s late in the day Friday. Put systems in place to keep up during the week, so you don’t end your week on a bad note!

– When are you at your best?
– Are you working to your body and mind’s strengths?
– Is it time to make adjustments to your schedule?

Do You Have “It”?

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All I wanted to do early in my sales career was manage the team that I was working on. I was young, I was new to the industry and I thought I knew it all! I was confident that some day I could handle the role. Unfortunately changes happened within the company, and I turned down my dream Sales Manager role when it was finally offered to me. Even with that setback, I have continued to follow sales and executive management throughout my career.

I did have some experience managing a team before I was ever interested in Sales Management. I was a Branch Manager in the car rental industry straight out of university. It was a great experience, and certainly taught me a lot about managing a diverse group of associates at a young age. Some of the employees were more than ten years my senior, and I learned very quickly how difficult being in charge could be.

The Sales Manager is arguably the most important person within the organization. They have a direct line of communication with the sales force; the associates who drive most of the front line revenue.

It can be very easy to get in to a rut with your day-to-day role. Sales reps certainly do, and it happens to managers as well. It is valuable to take a step back and think outside the box sometimes, from how you typically manage.

Great sales managers use enthusiasm and excitement to their advantage. They celebrate their team’s wins, while proudly announcing personal and team achievements. They may high-five team members in the office, or keep it simple and just pat everyone on the back when there are reasons to celebrate. The positive energy does wonders for everyone.

I have always been keenly aware of my manager’s actions, and I focus on a few areas:

  • how they lead the team
  • how they treat me
  • how they treat other reps
  • how they handle adversity within the team
  • the relationship they have with their immediate supervisor and others on the executive management team

If they excel in all the above areas, they probably have “it” with their team. “It” is hard to explain, but it can be summarized as the group is firing on all cylinders, and no issue is too great to break the cohesiveness within the group.

I have reported to a total of 16 assistant managers, sales managers and branch managers during my career. I have also had close working relationships with 12-13 executive managers. This has provided me a rich foundation of experiences.

  • As a manager what is it like to have “it”with the group of reps that you lead every day?
    • If you have “it”, you can probably describe “it” in general terms, but it may be hard to explain overall.
  • If you have never had “it” with your team, would you not like to know how to get “it”?

As I continue to discuss Sales Management in the future, I will build on the theme of having “it”. I will leave you with one other thought to ponder….

Are you just a boss to a group of employees, or is their much more depth to your relationship with the team?

Three Pillars of Business – Marketing, Sales & Service

Sarika Periwal reached out to me about a guest blog. I thought it was a great idea to do a post on marketing, sales and service.

For any business to succeed keeping customers happy is essential. It is always more profitable to retain an existing customer who will come back for repeated purchases than to convert new potential customers for each sale that the company makes. Statistics exist to support the fact that the cost of acquiring a new customer can be six to seven times higher than retaining an existing customer. To this effect you need some strong policies which help the company to improve their customer retention rate.

The focus of these policies is to deliver a flawless customer experience when they deal with your company. It does not matter what you sell. It could be a physical product, a digital solution, a service that is offered in special circumstances, or anything else. There are three main areas where your customer or potential customer will interact with you. These are marketing, sales and service. They are also known as the three pillars of successful business. If you manage to get your act together for these three aspects you will have a thriving business model. Here’s how you can do this and benefit the customer and the company both.

Marketing

All the marketing campaigns that you run are to get your customer’s attention. These all hope to make the right kind of offer to the customers at the right time to tempt them into making a purchase. Here the focus is to build on the trust that the company brand name inspires. To make the customer believe that they have the right solution to their needs and to provide the customer with the ultimate financial deal when they buy what the company is offering.

Sales

There is nothing as sad as losing a customer who would have bought from you but couldn’t find how to complete the sale. This pillar deals with providing the potential customer with the ease of buying the product in a quick and hassle free experience. You need to be able to provide the customer with many ways of buying the product. It could be in the shop, online or through partner vendors. There should be many payment options as well. A lump sum payment is easy for a small purchase, but arranging finance options for a larger purchase is a good idea. Also let there be the option of paying via cash, banker’s cheque or credit card. Each customer may have a preference for a specific payment mode.

Service

When it comes to encouraging retention and customer loyalty to your brand it is the after sales service that is most important. Many customers feel that a company loses interest in them as soon as they make the final payment for their purchase. This does not encourage them to buy from the company again. What needs to be done is to make the customer realize that the company is just as interested in pampering them even after the sale has been completed. A well trained team can make this a reality.

Author biography:

Sarika Periwal represents KarmaCRM, an online CRM service for small businesses and individuals. Karma offers a powerful and feature-rich backend system with an easy user interface. This tool can help you manage all 3 areas of your business efficiently. Contact us for more details or connect with us on Facebook or Twitter .

Are We Expecting Too Much Too Soon?

My son played his first season of baseball this past spring. For many other kids on the team, it was their first season playing as well. It was a much different experience for everyone as compared to the kid’s first go-around with other team sports like soccer or hockey.

With those other sports, the concepts were pretty simple in theory as the kids could get out and chase the puck or ball and just spend time familiarizing themselves with the games and being part of a team.

Baseball was a totally different story. Batting was mostly straight forward for them, but fielding was an adventure! All of the parents and coaches were doing their best to help out, but the poor kids were always very confused from the moment the ball was hit. Although quite funny on the surface, you had to feel for them when they all froze in place. Their “memories seemed to erase” and never knew what to do when the ball came their way. At one point or another, most of the parents wished they could get out on the field and make plays themselves!

As I reflected back after the season, our expectations for the kid’s performance on the field was way too high, especially early on. We were asking them to complete very difficult tasks with many people trying to give them directions in pressure packed situations. I did not even start playing competitive baseball until I was 9 or 10 years old.

The first coach was unable to handle the anxiety of helping the kids get up to speed. The second coach was awesome! They stepped right up and said that the kids needed “one voice” to listen to. From that moment on, things ran much smoother for the rest of the year, and the team won a bronze medal at the year-end tournament.

That story inspired this post, as I related it to being new to a sales role or the profession in general. Most of the parents were guilty of expecting more from the kids then they were able to give early in the baseball season.  Many sales managers and executives are guilty of doing the same with new reps.

I am a firm believer that the pressure to perform should be minimal for new reps as long as possible. Three months should be the bare minimum that a rep focuses on learning everything about their new role, and not have a manager looking over their shoulder and expecting immediate results.

The “learning/training phase” should be even longer for new reps to the profession. Sales can be generalized as an easy job where you can make a lot of money, but new recruits need to understand that a lot goes on behind the scenes to be able to do “fun stuff” like take customers out golfing, or have long lunch meetings!

Product knowledge is typically the focus for new reps, but there are many more aspects of being a territory manager that need to be analyzed before being “thrown into the wild” and expected to come back with orders. It is not realistic, not fair, and is one of the biggest reasons that new reps quit in such a short time.

Most companies are continually under pressure to put up numbers, and that unfortunately comes at the cost of giving new reps the training and support that they need from the day they start the role.

I would rather sacrifice sales results in the field while new reps gets their feet wet, and properly equip them and held grow their confidence so when they hit the road, they are ready.

The most common words coming out of a sales manager’s mouth should not be,

“How can I help you close that order?”

That makes them a one-dimensional leader.

If a manager wants a rep to prosper and succeed long-term, they will help them dig deep in to all aspects of the role, understand their territory, customers, support staff and company. Then, AND ONLY THEN can they start talking about getting in to the field and securing business.

  • What training have you received for a new role (other than product knowledge)?
  • Have you ever quit a sales role and realized later that you did not give it enough of a chance?
  • When should new reps start focusing on actually closing business?

Healthy Leaders Are Great Leaders

Eve reached out to me a few weeks ago interested in guest posting on leadership. I was more than happy to oblige. Check out her incredible take on health and productivity!

The modern world is increasingly doing studies on the link between health and productivity. That is hardly a new concept. The phrase “A sound mind in a sound body” is quite old. In general, we all know that if you are sick, in pain, or under the weather, you will not be at your most productive. But what seems to not sink in is the idea that if you really want to excel at sales or in leadership, you really need to be working towards optimal health, not merely avoiding sickness.

Instead of talking in generalities, let’s take one person as an example. Let’s talk about actor, producer, and businessman Will Smith. He has made Fortune’s “40 Under 40” list. He is the first actor to have eight movies in a row bring in more than $100 million. He came from nothing and is now worth millions. He is viewed by many as an inspiration and role model for minorities. His list of personal accomplishments is quite long.

Focus on Will Smith

Will Smith has said “The only thing that I see that is distinctly different about me is I’m not afraid to die on a treadmill. I will not be out-worked, period. You might be more talented than me, you might be smarter than me, you might be sexier than me, you might be all of those things you got it on me in nine categories. But if we get on the treadmill together, there’s two things: You’re getting off first, or I’m going to die. It’s really that simple, right? You’re not going to out-work me. It’s such a simple, basic concept. The guy who is willing to hustle the most is going to be the guy who just gets that loose ball. The majority of people who aren’t getting the places they want or aren’t achieving the things that they want in this business is strictly based on hustle. It’s strictly based on being out-worked; it’s strictly based on missing crucial opportunities. I say all the time if you stay ready, you ain’t gotta get ready.”

More than an actor

As indicated above, everyone likely realizes that Will Smith is not just an actor but he is a leader in many ways: A producer, founder of I’m more than one company, community leader and so on. If you have ever seen him work the crowd at a red carpet event, you should realize he is also a consummate salesman. That is part of why his movies make so much money. So when he talks about hustle, he doesn’t just mean “work hard.” He also means you need to sell yourself. Constantly.

What may not be obvious is that in order to have the attitude he has, the first thing he needs is the physical stamina necessary to run you into the ground or die trying. If you have seen him in “I am Legend”, a movie filmed in his late thirties, you have seen with your own eyes the kind of phenomenal fitness he has. Similarly, he trained for months to put on the muscle necessary to portray legendary boxer Muhammad Ali. People who are not super healthy don’t do things like that. They simply can’t.

Health and fitness

So if you want to be a great sales person or leader, you first need to be the best that you can be. And that starts with being as healthy and fit as possible so you have the physical energy and mental focus to out-work others, to recognize opportunity when it presents itself and quickly take action, and to be as presentable and attractive as possible. The reality is that both sales and leadership are about influencing other people. Someone who is healthy and fit is far more personable than someone who is not.

Think about this: Shaking hands is a basic symbol of both friendliness and deal-making. People have to touch you to shake your hand. No one wants that if you are ill. Even if you are in good health generally but know there is room for improvement it can be a good idea to take a medical test to highlight where best to prioritize, be it diet or fitness levels. A routine lab test can highlight any problems or deficiencies you may have meaning you can take measures to address these under the advice of a medical professional.

So get cracking. Watch what you eat. Take your vitamins. Hit the gym. Get on that treadmill. Make sure you are healthy enough to be the last one to get off it when you are up against the competition. In other words: Every day.

If you are interested in having Eve guest post on your blog or website she can be emailed at: epearce@andalemono.com