When
we lived in the USA a good friend of mine, Michael Kiick would compare
Franchising to being “a marriage not a date…” referring to the long term
relationship that buying a Franchise entails rather than a short term single
purchase of a service…
Selling
anything, whether it is a product or a service requires a relationship of
knowing, liking and trusting – we need to be careful how we approach the
process.
Don’t Date your Clients and Prospects….
When I
first started in Sales it was selling packaging materials to industrial users
in the Black Country – to the West of Birmingham, across the M5 for those who don’t
know the region.
Back then the Black Country was like Beirut, but without the amenities…
If you
think yours is a tough business, try selling cardboard boxes in Quarry
Bank and Gornal; We were based beside the Saltwells Pub where there was a meat
raffle and a stripper on Friday lunchtime – no further comments please…
The
first piece of advice I was given was “don’t go and be having sex with your
clients…”
For
those of you that know the industrial landscape of the Black Country, you will
also know that there are very few attractive opportunities to have sex with
anyone whether they happen to be clients or not…
Clearly
this advice was given on the basis that someone had actually slept with one of the
clients; this sort of advice only comes from bitter experience – welcome to
Sales…
Selling is NOT Dating…
There
are rules to Selling as there are rules to Dating; they are different…
Rule 1
– Testimonials.
Selling
– You will need testimonials from previous Clients. We need to trigger “social proof”
such that the prospect will believe that because others have had a good
experience with you, they can expect the same.
Dating
– You definitely do not want your date to speak with your ex. Your history and
past conquests are of no interest here and should be avoided at all costs. This includes photo's, letters, text messages and Facebook comments.
Rule 2
– Getting Screwed.
Selling
– in the sales relationship there has to be a genuine Win: Win. The value of the
money transacted between the parties must be less than the perceived value of the
service or product delivered, and definitely no one should get screwed or even
feel that they have been.
Dating
– getting screwed is perfectly acceptable here; in fact it is the primary focus
of the relationship in the early stages. Whilst the novelty may wear off as the
relationship develops, it is still acceptable, even if it happens only at
weekends.
Rule 3
– Closing.
Selling
– the sales ritual may involve dinner, lunch, telephone calls and text messages
after which there will come a time when a deal can be “closed” work can begin. If
the prospect objects or says NO, it doesn’t mean no it simply means “show me
more value in order that I can agree to the deal”. The more value and expertise
you display the more likely you are to close the deal.
Dating
– the dating ritual also includes dinner, lunch, telephone calls and text
messaging, after which time there is the potential for “taking the relationship
to the next level”. Here, when either party says NO, they absolutely mean it
and it is your cue to leave. The more expertise you display here is not only inappropriate
but will likely get you arrested.
Rule 4
– Referrals.
Selling
– when you do a good job with a client and they are happy with the service you
provide it is perfectly acceptable to ask for introductions, referrals and
testimonials to enable you to attract additional clients. The principle here is
that you enjoy working with them so much that you’d like to work with more
people just like them, and these are people they will probably know.
Dating
– I tested this out. Lynn and I have been together for 34 years. I asked Lynn
if she was happy and that our relationship was strong and mutually supportive,
she confirmed that it was. So I invited Lynn to introduce me to three of her
friends, giving me a written testimonial regarding how great I am and take a phone
call from them if they had any questions. Simply put, it didn’t go well, but what doesn’t
kill you makes you stronger.
Rule 5
– In Laws
Selling
– it doesn’t matter what his Mother thinks of your or what her Father says about
you. What matters is that the Client gets great value, and at some level we
help them look good and get better results. We should have a single point of
focus in the relationship and that is simply to deliver outstanding value on a
consistent basis – that alone will be the basis for a long term mutually
profitable relationship.
Dating
– it does matter what Mommy and Daddy think. Whilst negative feedback can
actually strengthen the bond between two people, sometimes parental influence
can break the relationship. Furthermore, it can be important that both sets of
parents like each other, further confusing the relationship.
Rule 6
– Reciprocation
Selling
– Money is the currency of the relationship, and Value is the commodity we are
trading. The more value we deliver the more we can expect to get paid; in
business Revenue and Profit is simply the barometer by which we measure the amount of value
we deliver, they are a symptom. If you want to make more money, simple; deliver
more value.
Dating
– don’t try this. If after a special evening you wake up and make breakfast in
bed for your partner, that is a great move, if however you leave a £50.00 note
on the bedside table as a reward, it is likely not to be taken so well – see one of my
previous Blogs about Hooker Bookers for more detail. In relationships the
currency is Love and the commodity is Friendship and Respect.
Summary
There
are similarities between dating and selling – it is the differences we need to
be aware of..
Selling
involves both Logic and Emotion. Usually people will justify their emotional
decisions with a logical reason - for example...
“Why
did you buy a Ferrari 458…?”
“Because
it doesn’t depreciate…”
No you
didn’t, you did it to look cool and pick up girls – but guys don’t admit this...
Selling
= Emotion x Logic
We
need both to make the sale, build them both into your Sales process and you will
close the deal, remember the currency is Money and the commodity is Value...
Dating = Emotion x 10
There
is no explaining Dating – crazy things happen when the emotions take over, and
that is why the approach has to be different.
Finally, to all the great people of the Black Country - thank you for getting me started in Sales, I am hopeful that your legendary sense of humour is still in tact...
I look forward to receiving your comments and thoughts. Check out our Events Schedule by clicking HERE
Have a profitable and enjoyable week...
David, I love your humour and always look forward to reading your stuff, getting valuable tips together with a laugh, You rock!
ReplyDeleteThanks Anna - see at the next Business Lunch.. :-)
ReplyDeleteyou're a funny guy (and a great writer)
ReplyDeleteThanks John - I knew you'd like it...
DeleteGreat blog post Dave, will be sharing this!
ReplyDeleteMorning Carl - glad you liked...
DeletePlease share with anyone who would enjoy it..
Cheers - Dave