For most of us, what we learn first sticks with us for a long time, often throughout our lives, including nursery rhymes and what we consider right and wrong. The acorn doesn’t fall far from the tree.
Get Instant Access to This Article
Subscribe to Hartford Business Journal and get immediate access to all of our subscriber-only content and much more.
- Critical Hartford and Connecticut business news updated daily.
- Immediate access to all subscriber-only content on our website.
- Bi-weekly print or digital editions of our award-winning publication.
- Special bonus issues like the Hartford Book of Lists.
- Exclusive ticket prize draws for our in-person events.
Click here to purchase a paywall bypass link for this article.
For most of us, what we learn first sticks with us for a long time, often throughout our lives, including nursery rhymes and what we consider right and wrong. The acorn doesn't fall far from the tree.
It happens to salespeople, too. Because our early training is indelible, it stays with us to guide us. But new demands and expectations call for strategic changes to keep up, stay relevant and close more sales. Here are five of them:
Change your thinking about what you know
Salespeople are known for being sure (sometimes overly sure) of themselves. Although it takes self-confidence to keep going, it also has a risky downside. It can lead to believing we know more than we do. And nothing kills sales faster than arrogance.
A website designer's creativity gave him an initial edge with a prospective client. In spite of his obvious talent, he lost the job. His presentation was his downfall. It was obvious he had not taken the time to understand the organization or its services. He was so focused on what he was selling, he didn't have a clue as to what his prospect wanted to buy.
Change the way you prepare presentations
Do you think you're at a place where you can “wing it” or all you need to do to get ready for a presentation is to make a few notes, a quick outline, or go over it in your mind? If so, you're deluding yourself and shortchanging your employer and your customers. You may be good, but you're not that good.
Change the way you present
While presentations may have several objectives, they all have one overriding goal: engaging the participants. Unless that happens, a presentation may be interesting and informative, but it's not a home run. Something is missing.
For a presentation to be a winner, it must be interactive — participatory. To invite the participants to interrupt you by raising their hand to ask a question and then to pick up the thread and continue takes confidence. But it also sends the message that the participants shape the presentation. This may sound dangerous but it's well worth the risk.
Change your persuasion strategy
There are still salespeople who say, “If I can just get in front of prospects, that's all I need to close them.” If you want to give it a name, call it “the power of persuasion.” They build their case in a way that leads prospects to the logical conclusion that their only reasonable response is saying “yes.”
Such a sales strategy is still popular; however, more and more of today's consumers and business buyers don't buy it. They push back, feeling they're being “set up,” “manipulated” or “pushed.”
Today, push is out; pull is in. To influence buying behavior today takes a sales environment in which customers can decide if they want to do business with you.
Change how you relate to customers
Even though companies continue preaching a customer loyalty message, they may be deceiving themselves. For example, Accenture's research indicates that 99 percent of retailers claim their loyalty programs perform at or above expectations, even though 71 percent of shoppers argue that such programs do not result in loyalty.
The trend is toward “tentative” or quid pro quo loyalty. “As long as you give me what I want, I'll be loyal. If that changes, so will I.” This is the message.
Clearly performance-based relationships are taking over. What counts today are consistently good customer experience, convenience, an easy payment process, new and innovative products, customer service (phone, in-person or online, according to a Blackhawk Network study).
Even if they are an Amazon Prime customer paying $99 a year, customers don't think twice about buying it for less elsewhere, particularly if there's free delivery. Clearly, performance-based relationships trump everything, including loyalty.
They say change is inevitable. If it's true, then there's no better place to start than with ourselves.
John Graham of GrahamComm is a marketing and sales strategy consultant and business writer. Contact him at jgraham@grahamcomm.com or johnrgraham.com.
