The Competitive Advantage

February 25, 2025

My Best Sales Tip? Ask more questions!

I was invited last week to be a guest lecturer at UT-Southern – a satellite campus for the University of Tennessee – located in the town of Pulaski. It’s a quaint campus about a 60-mile drive south from where I live.

This was my third visit to the campus, and this time, I was speaking to an upper-level entrepreneurship class (note: every student in the class had a business they were planning to launch upon graduation… and two had already started them – an impressive group!)

One of the ‘lessons learned’ that I shared with them was that if you are the business owner… then you’re in sales! No exceptions.

November 12, 2024

Nobody Gets Forgotten!

I was having a conversation last week with my client and friend up north (Canada, not Kentucky!), Stephan Sigaud with Phase 5. We were talking about his smart use of a CRM platform and effective communication with buyers.

During the conversation, he used the phrase, “Nobody gets forgotten!” I lit up! That’s the perfect way to describe how you should stay in touch with clients and prospects. And Stephan makes it easy on himself. Here’s how…

October 29, 2024

Ditch Your Capabilities Presentation!

OK, this one is likely to stir up some response, but I’m feeling a little ‘contrarian’ today… so here goes: I think market research agencies should stop delivering capabilities presentations as part of their sales process. And here’s why…

October 8, 2024

Fish Where the Fish Are… How Sales is Like My Favorite Hobby

For those of you who know me, you know that one of my hobbies/passions is fishing. There’s nothing quite like standing in a cool stream, water flowing around your legs (washing away your stress) with a nice smallmouth bass on the end of the line. My happy place!

As I was standing in the Harpeth River recently – yes, that’s why I named our firm as I did – it dawned on me that sales is a lot like fishing. Let me explain…

May 15, 2024

Buyers Don’t Care About Your ‘Sense of Urgency.’

See if any of these sound familiar…

• “I met a potential buyer at a conference last week and we had a really good conversation. So, I can’t understand why isn’t he interested in buying from me today.”
• “The perfect sales prospect downloaded a white paper off of our website yesterday, but she said she doesn’t want a capabilities presentation from us.”
• “I’ve been connected with this prospect on LinkedIn for a month, but they’re showing no interest in becoming a client.”

April 30, 2024

Bad Salespeople? Maybe You Should Blame the Sales Manager.

It seems like every couple of years, I need to rant about how bad selling is in our industry. I was hoping it would improve over time, but that just ain’t happening.

Here are three real sales stories – all targeted at me – that happened in just the last two weeks:

#1) I attended IIeX a couple of weeks ago, and as I was walking by an exhibitor’s booth, one of the sales reps in the booth literally stepped out in front of me, waved his arms over his head and yelled “Stop!” Really?!

March 19, 2024

What are your buyers buying? Hint: NOT what you’re selling!

I think most people with sales responsibility – full-time salespeople and seller-doers – understand that being successful at selling is essentially about being successful at solving your clients’ problems. And they’d be right.

But here’s the rub… too many salespeople think that what they sell IS the solution to their clients’ problems. And when that’s their mindset – especially for seller-doers at research agencies – they spend all of their time talking to potential buyers about their methodologies, or their cool technology, or the new industry pro they just hired. And that’s understandable… It’s where they’re most comfortable and what they know.

But it’s wrong!

November 14, 2023

When a Potential Buyer Reaches Out to You, Whaddaya Do?

A 6-six step process for handling inquiries…

It doesn’t happen a lot… but it does happen. A prospective buyer completes the ‘get in touch’ form on your website requesting more information about your firm. And if they’re going to the trouble of doing this, it’s likely for one of two reasons. Maybe they’re just curious. They stumbled across your website or heard about you from a colleague and want to learn more. Or perhaps, they have a project in mind and think you have the ability to get the job done. Either way, when that inquiry comes in, whaddaya do?