I
recently read a quote from the great salesman
Sid Friedman who stated, "The harder I worked,
the luckier I got." I have never met a top
producer, a hunter, who didn't have this statement
as part of their sales DNA, while the farmers
sit around, hoping to take orders and wonder how
the hunters get so lucky. One word prospecting!
Where
have all the sales gone? is the preeminent question
that reigns in the corporate sales world as well
as with the professional rainmaker. Remember a
time when the phone would ring off the hook? Times
where good, everyone was making money and in full
swing of the longest running economic expansion
in US history where even the average salesperson
looked like a star. Poof! The world's turned upside
down with the collapse of the dotcom's and the
spiraling fall from grace of Enron, Tyco and others.
Ok,
so what does an economic collapse have to do with
sales? I began surveying corporate sales chiefs,
business owners and management committees of professional
service firms in the quest to understand what
their biggest challenge in hitting their revenue
goals for 2003 are. Most answered that their people
had forgotten how to sell, or more to the point,
they had forgotten how to prospect. In short,
they were no longer hunters of new business; they
were farmers. Networking had become a social event
where salespeople and professionals hung-out to
congratulate themselves on landing the big account.
Salespeople now commiserate at networking events,
desperately clinging to the ill-fated paradigm
of waiting for the customer to call.
The
economic expansion of the last decade allowed
many hunters to rest on their laurels. These old
hunters became complacent and bad habits took
over where good habits once dominated. These new
habits made farmers of the modern day salesperson.
Now, they wait for the phone to ring and when
they don't hit their numbers they use the economy
as an excuse. I've heard it all from, budgets
are tight to non-existent and the customers don't
have any money to buy our products. What's funny
is that these are internal sales objections from
the sales people we're paying to sell for us.
Guess what? Many of them haven't figured out a
way to overcome their own objections. Isn't that
what sales professionals do, overcome objections
to discover the real needs of the prospect? They
need to be a bit more introspective to discover
the buying motives that will transform them from
farmer to the all-capable hunter who understands
that they must perform or starve.
I
understand that it's tough out there and that
salespeople are mentally expecting revenue shortfalls.
This goes back to goal setting 101, keep your
mind on what you want to appear. Let's face it,
the salesperson of 2003 is a farmer, not a hunter,
and he or she only knows one way to farm. I realize
this comment will stir some emotions, but it's
true. I've talk to hundreds of sales people who
have rolled up their tent and blamed management
for not doing the things necessary to help them
in the tough times. However, there are a few shinning
stars out there. I recently spoke to a sales person
who grew his territory 1200 percent last year
in a highly competitive industry segment, where
the rest of the industry was down and others who
have been able to win new business like him. What's
his secret? The rollout of a new product? Extended
product financing with a discounted interest rate?
Giving the product away - FREE? NO! The secret
is not really a secret at all, they haven't bought
into the thought of doom and gloom, his team is
comprised of hunters who've figured out a way
to do well through successful prospecting.
I
happened to walk into the office of an international
company in a highly competitive industry to visit
one of these top performers and noticed his associates
sitting around and talking, I'm escorted back
to Phil's [not his real name] office, and there
he sat wrapping up a call. The first thing you
notice when you walk in is the absence of pictures
on the walls, he looks up and says, "yea
it's kinda empty in here, I keep it that way to
remind me that I am here to work. I do not want
an office that's too comfortable." Once again,
he reminds me, "I'm here to work." I
smiled.
We
had a great talk, one that I often hear from a
two-percenter, a hunter. I asked him about the
call he just made and he told me that he was in
the process of calling 300 executives that worked
for PROSPECT Corp. I asked, how long will that
take you? "I've planned about four or five
days", he smiled and continues saying that
he really wants to land this account. I smiled
too, you see Phil is a national accounts manager,
he is not some rookie dialing for dollars, he
has the fire in his belly to sell, a hunter who
realizes that if he doesn't hunt, he will starve.
Phil is a dream for every sales manager on the
planet, selling $750,000 in new business in 2002
when everyone else had mentally taken the year
off.
Remember,
the phone won't ring today or tomorrow. There
is no one to blame but yourself if you fail to
meet quota. Today, to be successful in sales,
you must dig down inside and rebuild the hunter
mentality, the instinct for survival. Clients
will not come to you, you as a sales professional,
must make the effort of dialing the phone or knocking
on doors. In the challenge economy it's about
the numbers.
I
remember having dinner with the great Tom Hopkins
(internationally known speaker, sales trainer
and author) a number of years ago, I had just
been awarded "Salesperson of the Year"
and I was feeling pretty invincible. During dinner,
Tom wrote something on a piece of paper and handed
it to me, saying that the secret of all top performers
is written on the paper. It simply read, GOYA.
I glanced back at Tom with a puzzled look, and
asked what did it mean? He smiled and said, "Get
Off You're A…" No matter how effective all
of the other sales models are, all the marketing
your company does, none will help you hit your
revenue goals if you don't apply the GOYA model.
By the way, I still have the note!
Keep
the end in mind, and know your outcome. If you
stay focused on outcomes, you will begin to understand
what it will take to create the win. It could
mean going out and learning a new skill or it
could simply mean applying the GOYA model with
a positive attitude. The decision is yours and
only you have the secret to unlock your success
in 2003!
Joe
Heller, a.k.a. The Sales Samurai, is an accomplished
sales professional and hunter. Contact him at
www.salessamurai.com
or 713.461.0982. If you would like the return
on investment (ROI) metrics for improved prospecting,
send us an email at info@joeheller.com with "Prospecting
Metrics" in the subject line.
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