Hunting for dollars

Walk’a Proud!2

By Tibor Shanto – tibor.shanto@sellbetter.ca 

Those of you who have participated in my events or webinars, know that early on I encourage people who prospect for a living, to take pride in what they do rather than apologize for it. I encourage them to answer with pride next time some asks what they do for a living, by saying “I am a Professional Interrupter! I interrupt people and engage them in conversations that result in their reality being better as a result of our interaction, which by the way, started as an interruption, something I am a pro at!”

The reality is that with few exceptions, most people we reach out to without prior consent, are being interrupted. Most are trying to pack 16 hours in to a 10-hour day, meaning no matter how great our offering is, it will AT FIRST be seen as an interruption. How well we transition that interruption to a conversation determines our success.

Hunting for dollarsThis is the very reason HUNTERS are at a premium in the sales world. Because there is a shortage of people who have the ABILITY and WILLINGNESS to do what it takes to bring a Status Quo business person from being disinterested on the sidelines, to being engaged, and then a happy customer.

Sure, it is easy to engage with self-declared buyers, those who have entered the market on their own, with a specific thing in mind. After having done their research and travelled 57% of the “Buying Journey” (Notice the complete absence of the word SELL or SELLING), in stealth mode, they now decloak in time to witness the beauty contest of order takers, willing to take it all off to win the sales and discounted deals for years to come. But when it comes to prospects who can benefit from your product but are hiding in the Status Quo landscape, you need more than a smile and a pretty social profile.

Many shy away from the term hunting, saying it not a pretty picture, and says something negative to and about the prospect. Please!

First no one is saying that we are hunting prospects; it’s not like we find a prospect and impale them, (that would be self-defeating. We are hunting revenue, and the best way to deliver that revenue is to help our customers and prospects.

Once you wrap your head around the concept that you are hunting revenue, you can look at your actions in a different light, and take steps many won’t, which is probably why many fail at the sales, or more specifically new sales. Once you embrace hunting you will help those missed by average sales people. Those same average sales people, and the pundits they follow do, have the advantage of numbers, and as is the case with many crowds united in their weakness, they will turn on those different than them for no other reason than that difference. If they used a more meaningful measure, like say success, like say making quota, things look different. We all know the anecdote about the three sales people pursuing the same opportunity, one win, the other two go back to their tribe empty handed, leading to hungry babies.

Be a hunter, make a difference, don’t just blend in or exist. Take pride in your abilities and results, not your associations or social circles. As in the punch line to the old baseball joke about Joe Dimagio: Walk’a Proud! 

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there are sellers and order takers which are you

Darwin Comes To Sales – Hunt or Perish2

By Tibor Shanto – tibor.shanto@sellbetter.ca 

While people may debate the exact quote or misquote from Darwin, the core concept stands, survival is more likely a question of a species’ ability to adapt than anything else. For the sake of this piece we’ll look at B2B sales people as a species consisting of various subspecies. Different periods, circumstances, and trends may favour one subset over the other, but time will always bring the pendulum (and prize) back to those willing to adapt by building on their experience and skills. In sales that subspecies has always been the Hunter.

Some people don’t like that phrase, let’s be clear, we are talking about hunting revenue, not clients; competing with other sellers, not against the client. I believe many feel uncomfortable with the phrase has more do with how they view their approach and roll in commerce. As many have pointed out before, if three sales people are proposing on an opportunity, one will win, the other two will have hungry babies, I love my babies, I like to feed them, I guess some don’t.

I think it also speaks to their comfort, and, if and how far they are willing to step outside that zone to grow, thrive, evolve their success and that of their clients’.
Based on a recent presentation by a principal analyst from Forrester, the B2B subspecies of sales population count is currently about 4.5 million. But the tribe is about to be culled, in a serious way, the prediction is that about a quarter of those B2B sellers will vanish over the next five years. This is primarily due to the fact that many of the efficiencies achieved in B2C, the Amazonization of buying, will be making their way to B2B. No surprise, no shock, order takers have always been part of the scene, and as machines become more efficient at not only taking orders, but increasing individual orders by leveraging the same technologies and thought processes as we now take for granted on Amazon or eBay.

Add to that technology’s role in helping attract “self declared” buyers, the need for this skill-less chore to be performed by humans will disappear, freeing up margins for other revenue and margin generating assets, specifically hunters. I recently saw an interview with an executive from a “lead gen” firm, and he described their success in “generating inbound hand raisers”. Well if they are raising their hands on their own, or in response to advertising, then capturing that demand will default to technology, not only because of the cost saving, but the consistency of performance, and efficiencies gain.

That environment favours hunters over all other type of sellers. The premium worth paying for is the ability to identify “none hand raisers”, engage them, and bring them into to the market, something which on their own they would not have done. Approaching an individual who is firmly entrenched in the Status Quo, and bringing them in to a conversation that ends in them being in a buy/sales process is the skill of the future.

This is not about social selling vs. traditional selling. This is about the ability to understand objectives business people have, engage them based on your ability to articulate how that objective can be achieved in a way the buyer had not considered; how the objective needs to be adjusted, and how your experience has helped others arrive at the desired end by different means. The premium is for expertise that exceeds and defies the buyer’s perceptions rather than playing in into them by solely fulfilling in a more economical way. If you’re not doing that you’ll soon be replaced by a scanner and an app, Darwin would be pleased.

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