Sucker for a Great Sales Pitch

Driveway NumbersThis weekend while doing my normal Saturday morning yard chores an older model white van pulled up. I didn’t recognize the van but the sliding door opened and out hopped a young man who could have been no more than 5 or 6 years old.

My first thoughts were he must be selling cookies or chocolate bars for his Little League team but he had nothing in hand. I was pretty sure he wasn’t from the neighborhood since it is common knowledge among the kids on the block that if the “old man” comes to the door when you ring our doorbell you won’t sell a thing. I’m almost positive the kids wait until I leave then ring the doorbell knowing my wife is a much easier sell. But I digress.

The young boy walked right up to me and introduced himself as Braden (which happens to be our oldest grandson’s name). Braden said he noticed that the numbers on our driveway had faded and asked if I would be interested in having them re-painted.

This is where my normal response of “no not today” or “we don’t need any” usually kicks in but this time was different. Young Braden had done his homework. He caught me outside and as he mentioned the faded numbers he was pointing to the driveway. There was no doubt that the numbers were nearly unreadable so I couldn’t deny the need.

I was quite surprised when “how much” popped out of my mouth.

I fully expected Braden to call his mom or dad from the van to discuss pricing but the young man had the pricing down cold.  Without hesitation, Braden explained he had several options. For $15 I could get the standard white background with black lettering. But if I wanted to add a Double T or State of Texas picture that would be $20. Braden had a $25 offer but I had quit listening at that point and was admiring his polished sales pitch.

Those that know me will not be surprised that I purchased the $15 option.

Young Braden, like a pro, signaled to his parents to get out of the van and get to work. He told them the option I had selected and began overseeing their work. Once they began working he came back over to where I was standing  and started telling me that when he grows up he wants to be a Driveway Sign Painter and  a Car Salesman.

I have no doubt that if Braden continues to hone his sales skills and with his natural abilities he will do great at whatever he decides to sell.

I even thought about giving him a business card and telling him to come see me in a few years. He was that good!

I only wish his parents were half as good at painting as Braden was at selling.

If you were expecting the continuation of the “Signs if you are a Rabbit” post, I should have it ready this week. I was finishing up a draft of the post when I received a really good real life example of being the Rabbit from a reader. It is a much better example that I had so I will be rewriting the post this week.

And heck, a great sales pitch is better than a silly old rabbit any time.

 

Are you the Salesman or the Rabbit?

Do you know when you’re the Rabbit?

I’m not talking about the cute little bunny rabbit with long ears and aiStock_000010211258XSmall cotton tail. I’m talking about the type of rabbit used in dog races to get the dogs to race to the finish line. Without the rabbit, the dogs would never finish the race much less win. The thing you always know is the rabbit never wins. The rabbit is there for only one purpose which is to get the dogs to run so the dog owner can make money.

How many times have you worked hard to get a new customer’s business only to find out later that they never had any intention to buy from you? They were either using you for price comparison (little intent to buy), keeping their guy honest (no intent to buy) or worse using you as a negotiating tool (the rabbit).

Price Comparison

I think we may all be guilty of comparing prices even when we have little intention of changing who we’re currently buying from. We use comparison shopping to confirm we are making good decisions. If you find a better price and  before buying from someone else you will probably go back to your regular supplier  and ask them to get right on the pricing. This is probably a good business practice and we have grown to expect such. I would be very disappointed if a good customer of ours finds a lower price and doesn’t give us the opportunity to justify or adjust our pricing. I can say that I am disappointed when we have the best price and a new customer chooses to stay with their current supplier but I can understand.

Keeping their guy Honest

I don’t know how honest it is to use someone just to keep their guy honest. I may be quibbling over phrasing between this and price comparison but to me this shows no interest or intent to change their present supplier. In most cases the customer will not ask a tremendous amount of effort from us. They are usually not going to spend much time making a decision unless our proposal is considerably less or much better than their current supplier’s. If their current supplier proves to be “not competitive” this may lead to an opportunity for good faith negotiations to begin.

Using you as a Negotiating Tool (Rabbit)

This can be possibly the biggest waste of energies and resources (money) that you and your sales team can have. You are the rabbit if you are brought into a project (sometimes quite large) and asked to provide pricing for the sole purpose of the customer using your pricing to negotiate pricing with a competitor with no intent to use you. For this to work, the customer has to convince you that you are a contender and they want your products or services. The understanding or promise is they are engaging you in good faith negotiations and if successful you will get the business. The better they can sell this promise the harder they know you will be willing to work for their business. The harder they can get you to work, meaning the more you will lower your price, the less they will have to do when they sit down with the real contender for this business. This method of negotiation while usually very effective is intentionally misleading. When it is exposed, a trusting business relationship with that customer is almost impossible.

Please don’t mistake my comments above to think that when you walk in to a new customer’s office and they don’t immediately start giving you their business that you are the rabbit. That is usually not the caseiStock_000015420837XSmall and certainly not my intent. Almost always your customer will follow a normal sales cycle. You must earn your way into their business and gain their trust before being welcomed to the final negotiation table.

In the early stages of negotiation it is very hard to determine if the negotiations are being done in good faith or not. You certainly will assume so until you start to see the signs that this may not be the case.

In my next post, I will discuss how to see the signs and start to recognize if you are the rabbit. If you have any examples of being the rabbit or being rabbited (if that’s a word) that you would like to share, please leave a comment below or send me an email at feedback@wewaonthenet.com.

What’s your Specialty?

As I move into the world of Social Media I am struggling with the profile page. This is often referred to as the “About Me” section. I don’t know how much or little to tell the world about myself.

How much you tell about yourself is certainly a personal decision and everyone will make their own decisions. However, there is one section to the profile page that really has me thinking. This is the “What is your Specialty?” section.

Do you let others know what special skills you have? At work, do your customers and co-workers know that you are that go-to person if they have questions or need help with the things that are your specialties?  I suspect in most cases you have demonstrated these skills and are already that person in the most obvious circumstances but are you sure?

I see times where someone is struggling with a problem, gets completely stumped and either gives up or makes a bad decision when help was standing right next to them or a phone call away. This person may be the type that is unwilling to seek help, which is a whole different discussion, but what if they did not know help was so close?

Each of us have skills and interests that are less obvious but no less important to our customers and co-workers. These are skills that may not be necessary in you present position but may have been acquired from a previous job or skills you just naturally possess. If you were for example: an electrician, forklift operator, waiter/waitress, worked with computers or captain of your chess club in school, I know you have special skills and interests that can be useful if we only knew.

The specialty and interests sections on the Profile Page are a great place to let these skills and interest be known. The key is you let everyone know!

I would like to take this one step further and ask that each of you think about, then write down the specialties and interests that you feel you have that can be beneficial to your customers. This list should contain skills and things about yourself that your customer may or may not know. Then for each account determine which of these skills would be most useful to that customer. Now share your results with your customer. I would also suggest that you share these results with your sales team and co-workers.

I think you will be surprised at the knowledge, talent and skills in your branch or office. By sharing your results with others you may also see skills that you need to develop and improve upon.

The Key is to let Everyone Know!

My Hardest Sales Call

Sacared SalesmanStarting this blog reminds me of when I first became a salesman and had to make my first cold call. I put it off as long as I could. Worried myself sick. Drove through the parking lot several times. Then when I thought I was ready I put it off for another day.

Luckily, I had a great sales manager that encouraged me and had the patience to help a young insecure account manager get started. I knew what I needed to do and had no doubt I could do it but the time never seemed quite right.

Finally, I got the courage, parked my car, went inside and made my call. I would like to say I got a huge order and they are still a customer but that is not the case.

I’m not sure cold calls have ever gotten any easier for me but without a steady flow of new customers and products your business will eventually fail. We as sales managers must constantly encourage, train and sometimes demand our account managers to solicit new business. If we don’t have them make time in their schedule for cold calling and growing their accounts there will be a time when a customer retires, closes their business or moves their business to a competitor and they won’t have the skills to get back in growth mode.

I’ve seen very successful account managers struggle towards the end of their career simply because they did not keep adding new customers to their account package. Many of their once profitable accounts just slowly wither and die.

Every sales plan must have expectations and goals which require some form of cold calling or as we now refer to it as networking included in the plan. Look for more on effective networking in a future post.

Now back to starting a blog. What I did learn making cold calls was; putting off what I knew I needed to do and worrying myself sick didn’t make the sales call any easier. Without making cold calls I could have never got to where I am now, a much older insecure salesman putting off and worrying about starting a sales and sales management blog.