Showing posts with label sales improvement. Show all posts
Showing posts with label sales improvement. Show all posts

Tuesday, July 29, 2008

Shop Talk Podcast #14 - Jill Konrath on selling to big companies

I had a great time talking recently with Jill Konrath, author of "Selling to Big Companies." She had a lot to say about, among other things, how some tried and true sales techniques are outmoded. Jill's website is sellingtobigcompanies.com.

Download the podcast here (20 minutes, 27 seconds).

Segments:
0:00 Introduction
0:30 The difference between selling to big companies and to small ones

1:50 What's changed in selling in the past decade?

7:30 On follow-up

9:10 On "always be closing"

11:25 Using web2.0 technology to help make sales

15:20 Learning from mistakes


(Theme music: "Nova" by NOMO, from their album "Ghost Rock")
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Wednesday, April 30, 2008

Shop Talk Podcast #7 - Ford Harding on Rain-making

rain-mak-er n. a person (as a partner in a law firm) who brings in new business.

On this edition, we talk to Ford Harding, author of "Rain Making: Attract New Clients No Matter What Your Field." Ford's book presents very practical and complete advice on selling professional services. He is president of Harding & Co., a consulting firm that helps companies improve their selling performance.

Among Ford's observations in the podcast is that most professional services people are hired for their native intellgence, critical thinking skills, etc., and not for their sales competence. Which results in an often painful transition when these folks are asked to start selling.

It was a fun chat. I hope you enjoy it. Click here to download.

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Monday, January 28, 2008

How to fix your selling process in 192 pages (not)

A column in today's Wall Street Journal boils it down for us: "...[C]ompanies need to 'reinvent' the way they sell, to focus on their customers rather than product features."

Stop me if you think you've heard this one before.

It turns out that consultant Ram Charan (best known as the co-writer of "Execution" with Larry Bossidy) has sales in his sights. He has a new book, of course, entitled "What the Customer Wants You to Know," and is interviewed in today's "Theory and Practice" column. Here's a taste of Charan's wisdom:

The sales function has traditionally been about execution. Most sales people are very good at connecting with the purchasing customer. They get training to know the product. And they beat the competition on price.

Now the world has changed. Copying a product became very quick. You now have competition on the Internet to beat down prices.

It has become very hard to differentiate yourself in the eyes of the customer, for business-to-business sales. So salespeople should not sell the product any more. They should find out what the customer needs, which will be a combination of products and services and thought leadership.


Nothing in the above excerpt is incorrect. So why am I so annoyed?

Because these concepts are more than a decade old. There's not a single statement in the interview that wasn't well expressed in the '90's by people like Michael Bosworth, and Jim Holden, and Jeff Thull, and others. Hundreds of companies have implemented programs to instill these lessons into their organizations. But apparently we needed Charan to compile these ideas into a new book, and assert they are "reinventions," before businesses would take them seriously.

Hopefully the book is well-sourced, and credit given to the folks who first developed these ideas. But Charan's salesmanship gives reason for concern: the book's website states, "This book defines a new approach to selling—which Charan calls value creation selling—that while radical is nonetheless practical."

Funny, I first learned that new approach to selling in 1995.

All the above obscures one undeniable fact: despite these methods being well-understood and well-taught, most business selling hasn't improved significantly. So there's something much, much deeper impeding improvement in sales.

I just don't think we'll find it in "What the Customer Wants You to Know."

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(If you're interested in sales improvement, I'd recommend connecting with ES Research, a company with a much richer heritage in sales and sales leadership. ESR assesses many different sales improvement programs and provides information to companies looking to adopt new methods.)

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Tuesday, May 22, 2007

Shop Talk Podcast #1 - Gordon Adams on "Time Kills Deals"

OK, it's time for something new. I've been fascinated by podcasting for a couple of years now, and almost got involved with a podcasting project last fall. So I've been thinking about a regular podcast on this site, and it's time to unveil it.

This was a one-take, unedited interview. I recorded it using an inexpensive conference-calling technology which overcompressed the thing, so as a result I sound like I'm from Chicago (no, Connecticut) and that I have a lisp (also no). Nonetheless it was fun to do and I'd like to do more. They'll improve technically for sure.

Anyway, onto the podcast. My guest is Gordon Adams, Senior Vice President of Sales at Vue Technology, a maker of item-level RFID solutions. (Read Gordon's bio here.)

We're talking about "Time Kills Deals," an expression I first heard from Gordon when I worked with him at EDS in 1995. It's a great, pithy maxim that I've used ever since (and blogged about here). I'd love your comments. Enjoy!

(Please be patient through the 10 seconds of dead air at the beginning of the podcast... ah, the joys of being a beginner!)

Download podcast

Links to companies or products referred to in the podcast:

EDS
Holden International
Solution Selling

Errata:

1. In the podcast, I refer to Gordon's company as "Vue Technologies." It is, of course, Vue Technology.
2. Gordon was the USC starting quarterback for only one year (I implied it was several years).

(Photo: "Vintage 1" by coscurro via stock.xchng)