The Drift

The Drift

Better than the Market.

Perhaps you’re freshly back from Cannes or already have a half dozen industry conferences behind you this year. In those environments you’re trying to make the market better for your sales team: Frictionless buying, data standards, uniform measurement and making sure your offerings fit in with the most recent agency/holding company data/buying mousetraps. Over time, if you’re successful, demand will improve: the market will get better, and budgets will grow.

But there remains an unanswered question: how will your team be better than the market?

In the dozens of sales team workshops and scores of manager coaching calls I’ve done this year, I consistently hear they cut the budget, they’re only buying lower funnel, and they’re not buying our category right now. I’ve heard economic trends, oil prices and even crop yield as justifications for missing numbers. Seller energy is spent on lobbying for new accounts or smaller numbers, because the market just won’t allow them to sell what’s expected.

Completely unreasonable goals and unreasonable management are, of course not OK. But questioning the premise above is quite reasonable. Selling is about the strategies, efforts and execution to be better than the rest of the market.

Some ideas:

6-6-12: Every seller should have a strong six-week agenda for competing for already-budgeted campaigns. But she should also spend time every day on her six-month agenda: how she’ll proactively drive unique demand for your products and services. And some time every week on the structural and long-range stuff that will play out over 12 months with key accounts.

Diversification: If you only ever talk to investment and media – on the agency or client side – you’ll only ever discuss price/value and features. Brand, strategy, planning, centers-of-excellence, shopper marketing, regional and local spending… these are the seedbeds for incremental demand, ideation and budgets.

Depth: Don’t go to the people noted above with the same case you bring to the investment team. Learn something about the customer’s calendar and what geography they need to support. What are they doing in local broadcast? What new products or line extensions are they launching? Who is their chief competitor? If your only expertise and knowledge are about the ad sales business, you are a sitting duck.

Diagnosis: Always have a solvable customer problem at the top of every customer conversation, every meeting, every time. In our foundational sales training program, Leading with Needs, we call this the diagnosis, and it challenges us to make it about them, not just the stuff we have to sell.

The next time a seller says They’re not buying us or The budget parameters have changed, I hope you’ll ask, So what’s your plan? Where else do you plan to look? Who else can we approach on the business? Or What else might you try?

If you’re collectively unsure where to start, I know a group that can be of help.


More Posts

Straw Men.

The truth can of course be painful. Nobody wants to hear that their offering is not really being considered. But there's a huge value in knowing where you stand and being able to refocus your effort and resources where they'll do the most good. So when you hear one of the objections above, stop the conversation and ask the hard question. Your buyer will probably appreciate you cutting to the chase: the white lies she's been telling to let you down easy are probably getting a little tiring for her as well.


The Agenda Vacuum.

If you don't put something urgent and provocative in front of the buyer in the first 90 seconds of your call, your buyer will step into the vacuum and fill it themselves. They'll fill it with rote questions, flawed categorization, indifference, false objections, a recitation of numerical parameters or something worse. I'll leave you with a tip to help you fill the void. Make this the first sentence of your next sales meeting: "We've looked at your business, and there's one big issue we don't think you recognize. And if it's not addressed, you'll be missing a huge opportunity." Do the work. Think. Plan. Fill the vacuum.


The Illusion of Inclusion.

Start by accepting the RFP process for what it is: a formal justification process for that which the agency already wants to buy for its client. Now put your valuable human and financial capital to work on two new agendas: disruption and systemic enhancement. First, frame a disruptive challenge to the customer's thinking and work hard to introduce it at a high level well before the RFP process even begins. What do we know about the consumer, the process or the market that would be valuable to this customer? What will cause them to look at things differently? Once you've driven a wedge like this into the customer's reality, focus on how your company can bring long term value to this customer's process. Focus less on making the plan and more on making a difference.


Staying Dry in the Rain.

Less than a month ago I led an all-day meeting of a few dozen digital sales leaders at The Upstream Seller Forum. One of our topics was "The Incredible Shrinking Third Quarter," a discussion prompted by…


Stuff I Know, 2012 Edition.

As the remaining days of the year slip by, I'm looking back on the hundreds of conversations - both public and private - that have left a mark on how I think about our industry. Some of them come back…


We Love a Parade.

Over the past week, I've been asked at least a dozen times about Federated Media's much ballyhooed decision to "shutter" its direct ad sales business in favor or "programmatic buying and native advertising"…


Open the Gate.

Looking back over the past 20 years in the Digital Marketing bubble, there have been a handful of disruptive "barbarians at the gate" moments that shake our foundations and challenge the way we think of…


Chucks, 2.0.

When I was a kid in the L.A. suburbs of the late 60s, we all played every major sport -- park league football in the fall, basketball on outdoor concrete courts in the winter, and baseball in the spring.…


Free-Falling.

Back in June 2010, I wrote a post ("Something's Gotta Give") that challenged the stability of the page view/ad impression economy. Now that that economy is in full retreat - if not free-fall -- I think…


Kind of Blue.

I've said many times in this space that being in digital communication and marketing today is all about navigating the unknown. We must navigate it internally within our company planning sessions, and externally in every customer interaction. Preparation for those encounters is a must, but what precisely are we preparing? "Kind of Blue" suggests that we'd be better served by planning the empowering environment, rather than continually polishing our own story and blowing our own horns. Listen to "Kind of Blue" on the way to your next sales call. Then ask yourself, "Am I creating a space where we can all do our best, most creative work?" The results can be kind of great.


A Small World, After All?

Last week's column by Digiday's Brian Morrissey - "Science vs. Art in Digital Advertising" -- got me thinking. Brian doesn't necessarily come right out and say that he emperor is naked, but does point…


Our Flavor Graveyard.

I just finished speaking to a cavernous room filled with ad operations executives, technology and platform companies and assorted others at the Yield Executive Summit. Naturally the keynote focused on…