Posts Tagged ‘profit’

Fighting the price battle in the salesmans mind

Friday, May 1st, 2009

Welcome to Hard Times, not a town in a Henry Fonda Western but your front door. Everyone wants a discount, times are tough, they are special, everyone knows that you make too much anyway.

Your salesman are weakening, they don’t have a clue about selling the value of the product or service even though they read all the books, watch the CDs and you bring in ‘Experts” to prop them up.

I always felt that in general there are three weak spots in sales people that no one wants to deal with:

First, your salesmen are nice people. To be blunt you don’t necessarily want nice people, you want people who can be nice. You want people who have an almost vicious determination to get the sale at the terms they want; nice is one of the many tools they use to do. A good high-value closer is, just below the surface, well, not a nice person. That is cool, most of us deep inside know we may not be the nicest folks in that what we will do to someone else’s head to achieve our goal has limited bounds.

Was that a distasteful thought we just went through, feel that I am being insensitive and maybe even hurtful in what I advocate. If so you really don’t want to go any further with me in the realities I will be exploring in this series, go find a more sunshiny blog to read, one about kittens and puppies perhaps.

Second, your salesmen don’t have the faith. They don’t have the faith that they can close the deal the way you want them to. The suffer from the ‘Stockholm Syndrome”, they sympathize with the customer and surrendered their own will. Lacking willpower means no Force-Of-Will. It is Force-Of-Will that keeps the good salesman working on the customers head until the customer believes the value proposition that justifies the cost of the product. The good salesman instills faith about him, the company, and the products in the customer’s mind. Only then is the value of the product or service well enough established that the discount is not the winning issue, faith drives the discount aside. It’s called a Value Proposition for a darn good reason.

Third, is Cohunes – Brass Balls. Some look at this as a lack of pride, the willingness to interact with people to n-th degree with a sole purpose. Don’t confuse this with Force-Of-Will, there is a fine and important difference. Force-Of-Will is about drive, Cohunes is about welding that Willpower without being bothered what people think of you. It is about using that drive, which is beyond having it.

Point of it all is that good sales people are animals inside, mental animals with few external signs of what is really going on inside themselves. True stealth creatures, how cool!

Smacked upside the head with a Ph.D

Wednesday, October 22nd, 2008

Wow! A couple of days ago someone smacked me upside the head with a Ph.D! It’s been a long time since that has happened and it still tickles.

I was at a lunch of an organization to find out about them and determine my interest in working to get on their Board. I like their premise and know I could help drive them to where they want to go. What I learned was that after 10 month of existence they still don’t know where that exactly is (they’re not a business but a non-profit). Those of you that know me, well, you know how I can be a pain-in-the-neck with my pressure to discover and my thruthaches and the like. So I was torturing the Board to push them to find out what they really want to be and no one understood what I was doing. I ask questions that sound like opinions to get a more profound answer and push people into self-discovery. While I am seeking knowledge they think I am telling them what to do, don’t worry, it is confusing but is style that leads from chaos to order (in a very Shakespearean way). Well, a person there and I had differing opinions and as you also know, I kneel to no one so I didn’t yield to this person’s sense of self-authority and importance.

Anyway, I was taking some heat from them and not responding in the desired fashion when the person in question whipped out the old line ’I know because of my education and my Ph.D!’ It was classic, I couldn’t have found a better line in movie. Surprise - I did conduct myself as a gentleman, I didn’t fall down laughing or say the obvious. I just looked around at the other folks to see if anyone else got it, some did, some didn’t.

I like these folks and what they ultimately can do, I would like to help.

But to the point, which is that you as an entrepreneur are subject to lots of people trying to influence you. Many of them have lots of letters before or after their name. Typically those letters say that person may know a whole lot about a narrow topic. None of those letters indicate that the have any COMMON SENSE.

Only you know the real truth about your enterprise, only you know the real goals, only you are responsible for what happens, only you live it. Don’t ever let an ‘expert’ dissuade you from what you know is right.

I repeat - THERE ARE NO DEGREES IN COMMON SENSE!

Does that make sense?

copyright Barry W Thornton all rights reserved