Blog:
The Competitive Advantage
November 8, 2022
The 4 Biggest Mistakes That Seller-Doers Make… and How to Fix Them
In the 10+ years I’ve been working with seller-doers in our industry, I’ve observed a number of common behaviors that impact sales. Negatively! Behaviors that the vast majority of seller-doers exhibit. Behaviors that are actually pretty easy to change and in doing so, would significantly help them to be more successful.
September 19, 2022
Really Bad Social Selling
For some reason, I’m a magnet for bad salespeople (or, at least, bad sales efforts). And it happened again this week… only this time, the offending sales rep violated two rules of social selling.
OK, quick backstory (all true)… I accepted a LinkedIn invitation from [let’s call him] Mike just last week. Mike is in our industry, fits the profile of a potential client for us and is also supplier to other potential clients… so a good person for me to be connected to. Also, Mike is a senior-level person at his company with responsibility for revenue growth. All in all, a really good connection. But then it went bad…
Continue ReadingAugust 9, 2022
Sales Success is About Your Activity – the Quantity and Quality
I started my career at the DuPont company a long, long, long time ago as a Technical Sales Representative. [My parents were so proud!] On the very first day of training, the national sales Director – Jim Thorn – welcomed our three-man training class to the company. To this day, I still remember his words, “I don’t care if you make only one sales call a week, just hit your sales goal!” True story.
And while it’s a bit of an extreme example, that philosophy still reigns supreme in the world of sales today. As a sales rep or seller-doer, exceeding your sales goal IS the goal! And that’s great… but it’s your selling activity that makes it happen. Send no emails, make no phone calls, send no proposals and – I guarantee – you won’t sell anything.
Continue ReadingJuly 18, 2022
Stop Selling on Price… It Can Ruin Your Business
I was having a conversation this past week with a firm in our industry when they told me that they had implemented a rebate program as a way to build and reward client loyalty… and to also have something new and interesting to catch prospects’ attention.
And to no one’s surprise, it was working pretty well. Existing clients appreciated the ‘free money’ (credits against future purchases) and it also got them in front of several new potential clients. I told them that I was happy for their success, but that they needed to be careful. That selling on price is a very risky B2B sales strategy. And for a whole host of reasons:
Continue ReadingJuly 5, 2022
2022 is Half Over…
… Are you halfway toward achieving your goals?
It’s hard to believe that this year is already half over… it has absolutely flown by! And I hope it’s been a good year, so far, for you and your firm. This midpoint in the year gives you an opportunity for a little reflection. To see if you’re on pace to achieve this year what you wanted to achieve.
January 25, 2022
Commission Plans Are Not a Reward for Sales
To be fair, that statement is not 100% accurate. Of course, commission plans are a reward for your salespeople/seller-doers. But that is not WHY you should build them into compensation packages.
Spoiler alert: You implement commission plans to drive the desired behavior you want your seller-doers to exhibit. So yes, it’s a reward for them, but more importantly, it’s a strategic tool for management.
Continue ReadingDecember 22, 2021
3 Examples of Really Bad Selling to Stop in 2022
I guess I’m just a magnet for lousy salespeople… I get exposed to horrible selling almost every day. So, I started keeping a file of examples of this behavior and here are three real instances that happened to me just this month.
November 2, 2021
Take Good Care of Your Small Clients, Too!
I have been saying for years that, “All clients matter… but big clients matter more.” And I still believe that. Strongly, in fact. But that doesn’t mean you should ignore your small clients or small sales prospects.
For one thing, small clients can grow into big ones. And if you take good care of them when they’re small… they’ll remember you when they’re big.
Continue Reading