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Selling – More Than Face-to-Face
By Thomas
Fee Almost all people in sales consider themselves experts in
the face-to-face art of selling. There are hundreds of techniques used
to close prospects. Methodologies abound on how to prospect and sell.
But even with all the technology available on face-to-face selling practices,
reps still manage to lose the majority of deals they compete in. These reasons have nothing to do with their tactical skills.
They are the same reasons that sales reps lose and will continue to lose
sales. It is the sales reps' default style that kills the sale. The factors
that kill sales are independently or customer driven. Working with prospects
that have no compelling reason to do business. It is the lack of competitive
strategy, i.e. no way to beat the competition. This lack of political
analysis and alignment kills the deal. First, to be clear let's categorically state that there
is a difference between selling and winning. Selling is tactical. Selling
is what one does in the presence of a customer. One can sell and sell
and still not get the deal. Ever heard the expression that someone has
been "outsold"? Winning on the other hand is based on strategy, not tactics.
As the great master Sun Tzu once said, "The key to victory is not
in defeating the enemy, but in defeating the enemy's strategy, therein
lies their vulnerability." This clearly means that it is strategy,
not tactics that win or lose confrontations. Secondly, the prospect is not the enemy! They are the prize. The competition is the enemy. Isn't
it surprising how many sales techniques completely ignore the competition?
Many technique driven methods of selling focus on; how to open, gain control
(of the prospect) and the fifty best ways to close. Amazingly, they tell
you nothing about how to beat the competition. They make the customer
appear like they were the enemy who must be overcome using a bag of tricks,
which the method supplies. Thirdly, sales are unique, in that the competitors never
face off with one another directly. The prize is not a question of who
does the most correct things or has the best solution to a problem. Instead,
the issues are made more complex by the existence of an independent third
party who decides the winner based upon a set of rules they make up and
which they can change or not fully reveal at will. This situation is made even more complicated by the fact
that one competitor may never vie directly in the face of another. The
prospect may or may not give one competitor any information about the
other, but are free to control the flow of information one way or both.
So, if it is difficult, or impossible to find out about a competitor and
the prospect, what standards does one apply in order to determine a winning
situation? The one caveat is that you can't always rely on experience.
Your own experience may be your worst enemy. This experience is the default
style of selling that every sales rep carries with them to the opportunity.
This style is the collection of practices and intuition that have served
to win business in the past, so they are applied to current and future
situations. The problem is there is no guarantee that past practices
will improve your chances of winning in a new situation. In addition to
facing a new prospect and competitor, there are also market changes. Need
one list the giant organizations gone by the way whose practices have
made them dinosaurs? In The Fifth Discipline, Senge mentions a
Royal Dutch Shell survey taken in 1983, which revealed that one third
of the Fortune 500 from 1970 had vanished. What can be done to improve the chances of winning? The
golf pro doesn't instruct their students to improve their game by ceasing
to hit the ball. They teach them how to do it differently. It is uncomfortable,
but the option is to go back to the default style, knowing that their
game will never improve. So, what can be done to improve the sales game?
Lots of things. Is there a compelling reason for the prospect to make a
decision within the foreseeable future? What if they don't? Is there a
clearly defined unique business value to doing with you? What are the
critical success factors for the prospect to succeed? Does the prospect
have a clearly defined business plan a budgeting process to accomplish
it? More importantly, is there a way for you to get the attention
of the right people? Are you able to read the politics of the sale? This
is where deals are won or lost. Finally, is this just another opportunity to sink resources
into until something better comes along? Could this be the customer from
Hell? And wouldn't you rather hand them off to the competition if they
were? Next, address the competition in the same way. How do they
qualify, compared to you in the same categories. Are they a better fit;
product wise or politically? Then you must be able to determine the strategy to win.
Most battles are not won with more resources but with superior strategy.
Competitive strategy means you understand what the competition will do
to win and how you will overcome it with a better plan. This is a double-edged
sword. Beat the competition and win the prospect. Which brings us to the
next critical element of winning, that of having the right plan to win
the business. This plan must be customer focused. This is not about you - It’s about the customer. That is, you must
understand the prospects business and their problems to succeed. Your
solution is simply a tool the customer can use to successfully achieve
their objectives. Furthermore you must test your plan before the competition
has a chance to test it for you. These goals are most difficult to accomplish if you have
only the know how. You must also have the know
who. You must have a way of determining the political structure in
the prospect organization. Do you know the most important people? Do you have access to
them? Do they want you to win? Do you know who your enemies are? Remember
what the Godfather said, "keep your friends close and your enemies
closer". Additionally do you have a plan that will help you align
with those in the political structure? Can you tie your business value
to their personal success and create a competitive advantage for yourself?
Winning accounts is not just a matter of winning the face-to-face
battles. The winning of a sales campaign is the combination of good tactics
driven by a coherent strategy. The art of war in the marketplace demands it.
About the Author: Thomas
Fee is the founder of Performance Management Consultants™.
Performance Management Consultants™ is dedicated to providing the next
generation of professional development enhanced by technology and coaching
to enable users to change their behavior resulting in improved performance. They have developed numerous programs and processes to enhance the skills, behaviors and activities of managers, sales, client service and pre-sales (SE) professionals. Performance Management Consultant’s™ programs address the specific challenges faced by those working in the areas of business practice known as Customer Relationship Management and Complex Sales. |
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