Consider how many sales 'relationships' start. You lay out your capabilities, talk through your idea; there's a bit of positive affirmation and thoughtful head-nodding across the desk; and then... "So tell me, what's your minimum to do something like this?" That a buyer would ask the question is somewhat distressing. But the deeper problem is that many sellers have so internalized this thinking that they always seek the minimum as well! It's like a massive case of Stockholm Syndrome where we've come to identify with our captors. We've slowly become the incremental generation. Too many betas and tests, too little commitment. We tend not to take big swings, lest we occasionally miss. Fear and anxiety have begun to erode ambition and vision.
As a manager, examine your own day-to-day interaction with your sellers. Are you patiently asking them questions to see how well prepared they are for important client meetings? Are you giving them regular advice and guidance on where they're spending time? Do you do mock sales calls together? Have you had a seller practice her closing question on you? From my experience, the answer to most of these questions is no. Our focus as managers tends to be entirely on the games and not on the practices. We use our group meetings to 'walk through the numbers' and maybe ask a few questions about what's already transpired. We critique last week's plays instead of practicing the ones that will help us win next week. A strong, consistent practice culture is a necessary precursor for excellence. It will keep the great athletes on your sales team engaged and connected with your company and it will lift your mid-level talent to do exceptional things. But it always starts with the manager. Are you holding practice this week?
Next month I'll be speaking as part of opening night at the IAB's Annual Leadership Meeting in Palm Desert, and I'm particularly intrigued by the theme of the conference: "The Next $50 Billion." Having…
They delegate us to the people we sound like. And that's inevitably a bad thing. As I work with ad tech sales teams, this is the non-obvious problem they almost always face. They think the issue is negotiation tactics or presentation skills (as though telling the same story more eloquently would do the trick). But almost always they are telling the wrong story entirely: they're telling a story about ad technology in which they'll allow the marketer to play a part. The story the marketer wants to hear - not surprisingly - is actually a story about marketing their product, in which the ad tech company comes in to play a supporting role.
Sellers and team members become addicted to the easy answers we toss back to them every day. So stop answering questions with facts and directions and start answering them - at least initially - with questions of your own. And make sure those questions include the word should. Be disciplined with your own behavior and you'll be amazed how fast the behavior and thinking of your team transforms.
Connecting on an emotional level with your customer's Lizard Brain doesn't mean getting all weepy or going over the top with some kind of gung-ho pep talk. It does mean a new commitment to discipline and focus; not just from the seller but from your entire organization. It goes like this: Say less. More powerfully. Earlier. To the right people.
Real sales - persuasion, if you will - is harder. But it's much more fulfilling. Sales means staying in the moment....being a little uncomfortable....asking for stuff... asking harder questions. It means you are an agent of change....you're the one who sees an arrow pointing to no and turns it the other way. You are the one who takes a complex, messy situation and does the work to sort it out and turn it into first a possibility and then a sale for your company.
At the AppNexus Summit I attended this week, the vast majority of the "publishers" in attendance were actually the programmatic and yield leads for their companies, and not CROs. It reminded me that we…
Salespeople are over-reliant on an email mindset that's working against them. It's not that email doesn't work. It just doesn't work the way the way they're using it: in a vacuum and badly. Knowing that it takes between 9 and 12 attempts to elicit a response from an unknown customer, your reps should be thinking of their communication as a campaign. An email about one topic, followed by a well-planned voice mail, followed by another email introducing more information, followed by a Linked In in-mail. And then there's the "don't be a meathead" rule. When you do send email, avoid the "Poison Pills" and stop writing so much at one time: What fits on the screen of an iPhone is about right. And while you're at it, pick up the phone. It's good for your relationship with your mom, with your co-workers and with your customers.
This week I'd like to double down on a theme I raised last month: ad blocking. ("Another Pox on Our House!") It's not that it's a particularly new topic, or that I get some perverse kick out of piling…
The Futures Company helps us understand the recent past, the actions and choices consumers are making today, and how they shape the trends and themes that will we'll all grapple with in the immediate future.…
As part of our Leadership agenda at next month's Seller Forum, we'll we hosting an interactive discussion called 'Culture Doesn't Just Happen.' With that in mind, I'm reposting a few thoughts on culture…