Andrew Rudin

Self-deception Puts Sales Opportunities at Great Risk

comments 1 comments  |  1518 reads

“You’re in the hunt!”

“Great demo!”

“We’re really impressed.”

Whether truth or malarkey, salespeople love encouragement from prospects. It’s raw material for the sales forecast Sunshine Pump, through which salespeople report what management wants to hear. We search for the best needles in conversation haystacks, and we’re elated when we find them. “Their CFO said our numbers look great.” Add 10% to the probability of closing!

A recent Dilbert cartoon's sardonic depiction of a conversation in which Dilbert asks a salesperson “Can you give me a quote by next week?” The salesperson responds, “Your demeanor tells me that you will never buy our product. You only want the quote as a point of reference.” To which Dilbert replies, “Or maybe I’m giving you false hope because it’s less awkward to end the meeting that way.”

Shhhhhhhooooooonnnnkkkkkk! Bullseye! An arrow to the heart! We coach salespeople to be honest and transparent, but we fail at providing strategies when behaviors are not reciprocal. What to do, what to do? The best advice I could find comes from your third-grade teacher, Ms. Dunbar, who probably said, “it’s not what people say, it’s what they do!”

Reflecting on that wisdom, I identified three actions that portend a Positive Sales Outcome. You won’t find research or analytics behind my opinions—just experience from twenty years of stubbing my toe, offered to readers at no extra charge:

Time. Prospects who invest time in a vendor’s product or service are likelier buyers than those who don’t. Prospects who are genuine and sincere attend appointments. They read what you send, and they learn from related information they find on their own. They don’t routinely cut discussions short, postpone meetings, or cancel them at the last minute. They’re available when you call. And they don’t make excuses for not being available by saying they’re “super busy” or out of town.

There’s a big “Yes, but . . .!” here, and I won’t duck away. Prospects can spend gobs of time with suitors that are virtually out of contention. In the buyer’s mind, the raison d’etre for these vendors is not to compete, but for backside protection commonly known as "CYA". When the winning solution is presented to the Executive Committee, the buying team must have a good story to tell: “We did our due diligence. We spent a lot of time considering XYZ Company, but they were expensive compared to the vendor we selected. The end.” XYZ’s unenviable role is known in sales vernacular as Column Fodder. Fortunately, Action #2, Access, exposes Column-Fodder risk . . .

Access. Genuinely interested prospective buyers provide a vendor access to others within their organization, including influencers, decision makers, and people who can authorize expenditures. For emphasis, I’ll add the converse: Disinterested prospects block access. “Everything on this project has to come through me or my department.” Ugh. We’ve all heard that at least once, and I can’t remember a time the declaration was accompanied by an eventual purchase order. And if you’re at risk for being Column Fodder, you’ll know, because you’ll get pounded to provide proposals, quotes, demos, engineering details, and product development plans. But you’ll never see the inside of a decision-maker’s office, let alone talk with one. (“Hey! At least they’re giving me time!”) I rarely recommend giving up, but without access, you’d have better chances selling faux minarets in Switzerland.

Engagement. Prospects who engage with others to discuss challenges, problems, and concerns are more likely buyers than those who don’t. Engaged prospects have taken the bull by the horns. They’ve identified what moves them, and they’re taking action by asking questions, writing, talking, and communicating. They’re engaging at your local technology council, in online forums, blogs, LinkedIn groups, and on Twitter and Facebook. It’s easier to sell to an opinionated prospect than an apathetic one. Grab on, the buying flywheel is already in motion.

Even with buckets of searchable social media at our fingertips, there’s plenty of buying information hidden from view. So it’s understandable when salespeople lapse into self-deception. After all, we depend on what we perceive, and we’re acutely wired to hear positive sentiment. But action “fact patterns” provide the truest insight into how well an opportunity is progressing. When positive patterns match positive statements, we know we’re on the right track, and when they don't, there's a red flag.


Andrew Rudin

Andrew Rudin serves as Managing Principal of Outside Technologies, Inc., a firm specializing in social media and sales strategies for information technology companies, associations, and non-profits. Andy has over 30 years of industry experience in technology, manufacturing, government, and professional services. A specialist in marketing and sales risk management, he has been a successful sales executive, marketer, and product manager, and he has delivered projects for organizations large and small. Andy holds a masters degree in information technology from the University of Virginia.
Categories:
0
No votes yet
 

1 comments »

donfperkins

donfperkins

Identifying Buying Signals

Hi Andy

Ouch. This is a hard truth to hear, but you're right: We all want to be on the side that's winning, and it sometimes gives us rose colored glasses.

These indicators are a great way to gauge mind share in an opportunity, because the words people use are not always aligned with what they're really thinking.

Ms. Dunbar was right. Actions speak way louder than words. Savvy sales people are always looking for those subtle buying signals.

Don F Perkins

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.

MarketPlace

Global Customer Experience Management (CEM) Certification Program

[May 30-31, Frankfurt; July 25-26, Hong Kong] An internationally recognized program with proven track record of success - being run for 34 times in 13 cities with attendees from 50 countries, the program is developed based on the U.S. patent-pending Branded CEM Method which aims to drive customer loyalty and brand differentiation with quantifiable business results. Limited offer: USD300 early bird discount.

Register today for Confirmit’s Mobile Research Roadshow!

Join us on May 29th in New York City. Stuart Ryder, SVP, Mobile Research Lead for Ipsos IOTX & Roxana Strohmenger, a leading Forrester analyst, will be in attendance to share best practices and new trends in mobile market research.

Register today for Confirmit’s San Francisco VoC Roadshow!

[June 12, Sir Francis Drake Hotel] Gregson Siu, Vice President, Ariba Business Operations, Ariba and Bob Thompson, CustomerThink, will be in attendance to share best practices, new trends and latest research to help you develop your customer experience program.

Social Networking and sCRM International Congress in Colombia

[June 25-26, Bogota] Thirteen international thought leaders will present, from different perspectives, the trends, the uses, and the magic - as well as the reality - of Social Networking and how it impacts the way customers are doing/will do business.

Driving ROI With VoC

Walker has identified multiple ways to measure ROI – there is not a one-size-fits-all solution. This paper will address each and conclude with some recommendations to help B-to-B practitioners evaluate which ROI approach will work best for their particular business need.

Featured Links

Salesforce CRM

The leader in customer relationship management and cloud computing.

Strategic Roadmap for Digital Marketing

Free e-book (no reg required). 15 articles by digital marketing thought leaders.

Get your event or resource listed in the MarketPlace, reaching 200,000 business leaders monthly.
For more information, contact CustomerThink advertising sales.