Icon

Archives: April 2009

How Do You Get The Good Word Spread?

 0 comments so far, click here to ask a question, add your say or agree

With the 4-day break upon us, a couple of my pals insisted on painting Soho red last night. You’re never too old to party. One of them had just sealed a spectacular deal in his Finance world.

It was so noteworthy for his sector, that a third-party stakeholder called him to marvel at how he’d done it and trumpet congratulations. Intriguingly, they offered to also phone his boss to further sing his praises. My mukka’s instant response was a cracker.

“Don’t tell me, don’t even tell my boss, she already knows how brilliant the deal is, instead phone everyone else you know and tell them”

When something good goes down, which far-reaches of your firm, those in close proximity outside, or even people around the outer edges of your orbit, could it be useful to get the message across to?

It’s About The Craft

 0 comments so far, click here to ask a question, add your say or agree

I blog a lot about what drives achievers in sport. One regular trait is that they concentrate on process first. Glory follows as a consequence. I saw an allied piece of thinking from an interview with the boss of American TV corporation CBS. Piers Morgan asked him how come Brit’s currently starred in so many hit US shows (he quoted a figure of 1 in 3 major roles being played by Britons - check out this image gallery for 35 current examples). The network chief responded without hesitation, admiration clearly brimming.

“They focus on the craft”

He expanded, citing their dedication to honing their skills, rather than chasing fast bucks. British actors tread the boards in the remotest of places, often for long periods of time with scant financial recompense, and consequently evolve into masters of their art.

Yet another example of how to best mould your personal sales strategy.

Arfur’s Comedy Close

 0 comments so far, click here to ask a question, add your say or agree

The decidedly dodgy exploits of the wheeler-dealer, ducker and diver, Arthur Daley influenced a long generation of people from the late 70s for a decade in Blighty. London’s ‘gentlemen geezer’ encountered weekly scrapes from engaging in business arrangements typically founded in legally grey areas, such as whether certain items for resale had previously “fallen off the back of a lorry”. Along with the even more seminal Del Boy, the pair of ‘loveable rogues’ did more in their heyday to damage the prestige of someone setting up their own enterprise than any late-80s aspirant ‘loads-a-money’ yuppie could ever hope to stoke. But at least they were decent (and incredibly popular) entertainment.

I just caught a brief snippet of Arthur cajole a wonderful closing routine. He was selling an evidently less-than-perfect used Golf convertible car to a woman in her home for her daughter’s 18th birthday pressie. Normally, the man of the house dealt with such tasks, but somehow our Arthur had managed to conduct affairs solely with the Mother.

She placed the cash on the table. A contract appeared. She wavered. She asked, “what does ‘as seen’ mean?” Arthur replied, “that’s just legal jargon, it means you’ve seen the car”. She remained puzzled. An awkward pause developed. Arthur looked out the window and exclaimed, “what a wonderful garden you have!” The distraction caused Mum to absent-mindedly sign and start talking landscaping.

Beyond the comedy, there’s at least two interesting points on Closing here I feel.

  1. If the prospect senses that the act of signing is more important to you than it is to them, they can often back away.
  2. If you make the actual signing as apparently inconsequential and natural an act as possible, an unhesitating swish of the pen can result.

Cloudforce London

 0 comments so far, click here to ask a question, add your say or agree

I’ve always wanted to admire salesforce.com crm. Yet I remain unconvinced that their flagship product helps salespeople in my b2b solution arena in the ways they suggest. My experience needs context. This is that traditional sales automation software is even worse. And that I firmly believe support of this ilk can and actually must work.

The wonder of salesforce.com is their championing of what they now call Cloud Computing. This has been through several evolutions (such as on-demand and ‘SaaS’ - software-as-a-service) yet the eulogy glows for having nothing on your workscreen other than a browser which accesses all your programs and data around the web. It is compelling and has continued to grow for me since I myself bought into it in the late 90s.

Spurred on by the chance to hear insight from their top man (a decent speaker) I attended their latest pitching roadshow in London on 7 April. I can start to sense the warmth of the company’s pitch.  Two years ago they began talking about creating their ‘operating system for the web’ with the introduction of “Application Exchange” and the ability for anyone to write a clip-on app that integrated with their kit. The idea to develop an eco-system around salesforce quickly gathered pace, and now the array of extra modules and functionality is, leaving to one side the true applicability and benefit to a salesperson for the moment, dazzling.

The Cloud is the only place to be. So I salute their opening statement that their “mission is to be a cloud computing driver, catalyst and evangelist”.

The continuing results from their corporate social responsibility programme (aka; the 1/1/1 scheme) are also admirable.  They are justifiably proud of their 6-days a year community service per employee (4hrs per month).

As for the sales pitch, CEO Marc Benioff built it around three layers. Each Cloud had new developments to trumpet.

The first, the Salesforce Cloud, trail-blazed an automated piece of sales knowledge management in ‘genius’, pitched as akin to Amazon’s book recommendations and itunes music suggester Genius.  It identifies similar deals (’sales opportunities’) to that on which you’re working and lets you drill into their activity logs, a neat thing (when filled out!) called Campaign Influences, and a Content Library of all submitted documents, which can be cloned and customised.  It’s slick, particularly the automatic private website for prospect eyes, but has obvious flaws. Principally, knowledge management fails when driven solely by technology. The integration that successfully adopting Genius will require with your non-reporting processes will lamentably all too frequently signal its failure.  As a standalone feature, it demos well, but getting genuine skill improvement leading to extra sales appears, in its present form, highly unlikely.

Their Service Cloud had more bells and whistles, with detail shown of Orange’s UK mobile network giving a glimpse as to how you could keep track of everything said about you online.  This intrigued me, as it was remarkably similar in origin to the “sales agent” vision that I saw Tom Siebel talk about in 98.

And finally, the (infrastructure) Cloud featured a division of Agresso that took only 18 months to create a new set of ERP Financials based on and integrated with salesforce. One key benefit of being in the Cloud was summed up succinctly by media group The Telegraph’s CIO, Peter Cheesebrough, “cloud computing has freed up 25% of IT people’s time”

The final insight came from a techie. Always a winner to have non-salespeople pitching, co-founder and EVP Technology Parker Harris delivered two intriguing quote-worthy thoughts.

“focus 100% on innovation”, and
“choosing the right algorithm is not a little bit better, it’s orders of magnitude better”

The latter especially grabbed me, as synonyms for the concept of ‘algorithm’ in a selling context suggest that identifying one game-changing addition or switch within your current repeatable sales strategies could work wonders.

What Can You Hold Back On?

 0 comments so far, click here to ask a question, add your say or agree

The blogosphere is currently twisting its knickers over the legitimacy and consequences of Google’s apparently imminent $250m purchase of Twitter. Whichever way you look at it, Twitter is a remarkable web 2.0 phenomenon.

I’ve been in a room of highly intelligent businesspeople who reached levels of hysteria their day job could only dream of when debating Twitter. Opinions rapidly polarised. To some it was an essential business and communications tool uniquely engaging and creating a true partnership between vendor and client, to others it was the moronic time stealing pursuit of nonsense with no value or depth and completely bereft of a profit making business model. Amazing.

One angle I take a sales note of, is that the pair of perhaps soon-to-be wildly wealthy founders have, in fact, got significant form in this arena. In 2003, they sold their previous venture. At the time, it went for an undisclosed fee, widely rumoured to be a hefty 8-figure sum. And would you know it, they also sold back then to Google.

The product they exited was Blogger. One of a handful of free-to-use blogging platforms. You can see how simple an extension of that premise Twitter was.

Consequently, I find it hard to imagine that when they made their first millions, Twitter wasn’t already at least a twinkle in their eye.

If this scenario is true, then how brilliant of them to keep it to themselves. I can imagine the Google due diligence. “What else have you on the drawing board, in development, about to work on next?”

One problem of a selling mentality is that you’re often tempted to talk about futures. In software we used to call this “vapourware”. Yet they can easily derail a sale. Decision criteria can quickly skew away from your strengths as a result. Sometimes the most powerful info in your armoury is that which you hold back on, even conceal for good.

Who Can They Not Say No To?

 0 comments so far, click here to ask a question, add your say or agree

I witnessed a fascinating exchange when in a Putney juicer about to watch my nags fail in the Grand National.  Given its close proximity to Fulham’s ground, their opponent’s fans in the day’s late kick-off had also decided to catch the race. It wasn’t long before several Scouse terrace songs erupted. The bar staff, clearly well versed in match day antics, were having none of it.

What was amazing, was that the smallest barmaid, barely five-foot tall, came around from the bar and shouted at the chanters to stop. One, a typically Scally, screamed back ‘why’ then, after a brief silence, started up again.

The barmaid returned, barked more orders, and this time the offenders shut up for good.

It was a salutary lesson. How could the burly footie fans not do what the smallest girl in the pub told them? Anything they did apart from desist would be a disaster for them. It was genius.

Who can you bring along to a prospect that they simply can’t say no to?

Seb’s Observations

 0 comments so far, click here to ask a question, add your say or agree

I can’t remember the last time I looked forward to buying a newly published book. When I discovered, via The Telegraph, that one of my quartet of boyhood sporting heroes has a new tome out on the 16th, and furthermore as its title suggests (The Winning Mind) it’s all about how winners think, I began to salivate.

His qualifications to write such thoughts are immense. A middle-distance running multi-Olympic gold medal and world record holder. Inspirational management and final presentation of a winning, yet hugely unfancied, Olympic ‘host city’ bid.  Here’s a few snippets from Seb Coe’s round of PR to whet the appetite:

“It’s having that dream. You are interested in how far you can take something.

“People in my sport who get there are most curious about what they can do to be a little bit better than the day before. I’ve noticed that characteristic in sport, business and politics.

“The characteristic shared by people at the top of their profession is that, to get better, they crave criticism. Most people don’t like criticism, but if you are trying to shave two tenths of a second at 800 metres, that is what you crave.

“You have to have the vision, too. Vision is a romantic thing. We have got into ‘talent identification’. I am much more interested in passion - finding people who are really excited about doing something.”

Bring on the real thing.

Who Do You Make Feel Better Off?

 0 comments so far, click here to ask a question, add your say or agree

I’ve blogged before on what political pollsters think sways voters.  Previously I noted that they reckoned people only care about what will be done for them in the future.  Last night, I heard a potentially contrary view from Frank Luntz.

In the immediate aftermath of London’s G20 gathering (long on warm handshakes, short on relevant action) he was asked how a leader’s performance played on the domestic turf.

His considered opinion was that people asked themselves whether or not they felt better off because of the incumbent.  In the current context, he suggested this translates into ‘Is my job safe? Have I more money in my pocket?’

Despite the inevitable American leanings of this framing, it struck me as a fascinating parallel with account managers trying to retain a client’s spend, and another rep attempting to prise it their way.

How, at this moment, do they feel?  Better, Worse or Indifferent?  And why….

Improving Team Skills

 0 comments so far, click here to ask a question, add your say or agree

I recently read a frustratingly impenetrable article which had piqued my interest through its broken promise to provide insight from the doyen of knowledge management, Ikujiro Nonaka.

Every single salesteam I encounter struggles with how to unlock the nous of their top performer and place it in the heads of the rest.  To capture and spread best-practice and latest tactics you should, in the authors words,

“change the prevailing view of knowledge management in most companies from a branch of information technology to an enabler of in-depth learning”

The winning salespeople of tomorrow will actively seek out and utilise the experiences of their colleagues.  In almost every salesteam today, this only occurs through random one-on-one phone calls or sales conference sessions that are forgotten within the week.  A systematic approach to furthering individual and collective knowledge is absent.

And I know why.  I’ve spent half a career on helping to reverse this sorry state.  But rather than dwell on problems, there was a useful “spiral” summarised that could help people that run salesteams to drive knowledge application upwards.

This is a tough concept to get across in a casual bloglike manner, a statement which in itself will betray why so few salesteams tackle solutions in this arena, no matter how enormously needed they usually are, so I’ll make the four elements of his spiral specific to a salesforce.

  1. use small huddles of reps meeting regularly to discuss highly targeted, explicitly defined sales situations, make sure they meet informerly in small groups to understand the problem and propose progress, and also have larger plenaries at formal internal gatherings
  2. work out how you can get this across so that it’s expediently taken up throughout the team, metaphors and analogies are to be sought
  3. create a mechanism that can combine each different finding and contribution so that all knowledge and application grows
  4. ensure that the new knowledge is actively being used and find out concrete evidence of where it is used in the field and how it benefits a sales campaign

4 Ingredients Or Less

 0 comments so far, click here to ask a question, add your say or agree

Staying in a hotel on my travels around Blighty I happened across the slickest media operation by authors I can remember seeing in a long, long while.

Two Aussie friends, busy Mums and cooking hobbyists, have unleashed a phenomenon in 4 Ingredients Or Less.  As the title suggests, their new breakthrough angle in the overheated world of cookbooks, is to feature recipes that have no more than four ingredients.

The success speaks for itself.  Last year it seems that they not only outsold any other kitchen manual, but even Harry Potter to be the best seller full stop Down Under.  So well have they done, that one of the ladies has even written a book on how to write a bestseller.

I was immediately struck by how many lessons there were for the solution salesperson in their slick presentation.

They looked the part, which set them apart.  They had a uniform.  Both wore white from head to toe, with bright red strappy shoes and light green aprons emblazoned with their logo.

When the interviewer went down the oft-abhorrent BBC route of cantankerously taking the most opposite view imaginable in an at best disdainful, at worst aggressive, manner, he suggested that they might be “dumbing down” their art.  The girls were well schooled.  “We’re simplifying” one retorted, with an elongated delivery straight from the playground that made the inquisitor rapidly retreat.

Although I wouldn’t recommend the outrageous flirting that they subjected the male host to (honestly, Australian women…) the preparation of having evidently delicious truffles and choccie biccies on the table beforehand ensured that they received the warmest of welcomes.

The pair’s energy, enthusiasm, total confidence and comfort in the studio all shone through, making them naturals for the daytime tv circuit.

When asked where could they go next, they fell over themselves to talk about new projects.  They mentioned so many ideas in the pipeline it was scary; a sequel, dinner party dishes, lunchbox ideas (and their website even mentions a Gluten-free version).

They were given under ten minutes under the morning lights on the sofa.  This is similar to the time we often get in front of a new audience.  They took their chance brilliantly.  They looked the part, knew how to handle the smelliest of objection, had done impressive preparation, provided tasters upfront and could excitedly talk about futures.  A winning sales presentation indeed.

Archives