What is Selling? Part One

Posted in Sales by Keith Thompson on the March 16th, 2006

The people who come to this website for some guidance in using technology in sales may feel this question is almost too cryptic or fundamental. But those who have read sales automation done right will know that my pet peeve is that, most often, salespeople are not (but should be) fully aware of the language of sales, in the same way that lawyers should understand the language of law. If laws are written in an ambiguous way, how can the courts decide if someone is right or wrong? In some cases where the lawmakers have not been careful, decisions can take an awful long time to make.

In my last entry, I talked about the oldest sales book on my shelves dating from the fifties. It has a small section that is titled “What is Selling?” The answer goes on for three pages, but here is essentially what it says:

“The successful sale consists of the following elements:
1. It induces others to buy a commodity or service
2. Which confers some needed benefit on them, and
3. At a price which yields a profit to the company”

Here is my paraphrase:
Selling is the ability of the salesperson to persuade a customer to purchase their company’s commodity or service, yielding a benefit to the customer and a profit for the company.

I’ve used the word persuade in place of the original word induce. Both words imply that the customer has an alternate choice to yours. I’ve always thought that the act of selling must imply competition. Selling has the end point of achieving the customer’s choice of your product over the competition. If the customer proactively goes to your company’s web store, sees something they want and places an order—this is order taking and not selling. It can be argued that the marketing department, or the product design department, through their efforts to promote the product, did the selling. But no salesperson was involved.

So an important aspect of selling is a conversation between the salesperson and the customer in which the salesperson attempts to convince the customer that they have a better solution to suit the customer’s needs than other possible alternatives. That conversation happens over time, and the time period is called the sales cycle. There are two overriding styles of selling that can occur during the sales transaction (the conversation in the sales cycle). The ability to handle both styles is critical to good selling, and there will be more on that in future entries.

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My Favorite Paper

Posted in Technology by Keith Thompson on the November 9th, 2005

I’ve always liked the idea of having a notebook; the kind made of paper (I like the electronic versions that you tap into too, but more about those later). I like the look and the feel of notebooks, and the idea of having get acres and acres of blank pages, just urging me to spill my thoughts.

Then there’s the feeling when you look back on your work (provided you don’t have trouble deciphering your own chicken scratch). Of course, not everything you scrawl will see the light of day, but there is always that gem of an idea waiting to be shared. And it will be locked safely on organic two-dimensional space.

I picked up the New York Times Magazine a few weeks ago and found a fascinating article on the Moleskine Notebook. Even though I must have purchased every exotic book of blank paper under the sun over the past thirty years, I had never got a Moleskine; until now.

The Moleskine story seems to be a wonderful example of good marketing (with the likes of Van Gogh and Hemingway rumored to have been Moleskine users), and has even spawned a blog dedicated to the ways people use their Moleskines (The moleskinerie). Well now I’ve got a Moleskine and I’m giving a try; I’ll let you know how it works out.

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Is Paper Technology?

Posted in Sales,Technology by Keith Thompson on the October 26th, 2005

Why do I ask that question? Well, SalesWays is about sales and technology. In my book Sales Automation Done Right I am downright discriminatory against paper. There are many instances where I infer that a paper-based office will ensure the demise of the business. I’m not backing away from that, because I’m referring to paper-based processes.

Paper is not conducive to dynamic workflow within the company; it can’t move itself so it needs people to pick it up and move it from one desk to another. It accumulates in heaps, and people, inevitably intimidated, procrastinate when they have to stare down a leaning tower of paper. It is much better to make the process electronic and move it using electrons down a wire or through the air. With paper-based information, you have to store it in big metal boxes, and then spend a lifetime trying to make some practical use of it. It’s a much better idea to store it on a 200GB hard drive and take advantage of some friendly software to extract the stuff you need.

But here’s the paradox; paper is great when it comes to capturing information when you are sitting in front of the customer. You can usually write as fast as you think, but you certainly couldn’t touch type into your notebook computer at 40 wpm in front of the customer (if you can, you should be commended; you have a marvelous ability to multitask). Somehow, customers seem to appreciate you carefully writing notes about your conversation, whereas they may have a problem with you when you’re dealing with the odd Windows quirk at the same time as they are telling you about their budget, product needs, or difficulties dealing with their purchasing department.

Paper is great for capturing information quickly. Paper works with the human mind in splendid unison. If you don’t like what you just jotted down, you can scratch it out. If you love what you wrote, highlight it with a star. If there is no room left to write, put it in the margin or curve it around the perimeter—paper will let you do anything. And I don’t care how much of a computer junky they are, the typical salesperson will have their favorite notebook with no LCD or keyboard—just paper.

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