Black Sales Journal

Many of us have been there before, and thus the need for this post.  A tough interim or mid-term review is sobering, and if you are in sales it is easy to have a couple of tough quarters.  The importance of this is apparent when it gets to writing.  Use this post, to prepare for this important upcoming event, or to respond to a difficult mid term that has already happened.

Are you currently on a performance program? Remember, you must be on top of your game, and working all of the time.  You might refer to BSJ 4/30/2011, Are You on A Sales Performance Program? Can You Beat it?

Remember, this is the mid-term, and there is some time left to get goals, but you must do something different, or the results will be the same. This post was from last July but applies now as much as any interm period.

Never give up!

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If you are with a fairly large organization, you have probably recently experienced an interim or mid-term review.  As trite as it sounds, you knew it was coming; yet it is one of the least enjoyable activities for a sales professional.  Having someone tell you where you stand in comparison to a goal that you had no choice but  agree to.

Historically, that is the nature of sales.  Review Black Sales Journal – 1/10 Preparing for the Performance Appraisal that discusses the performance appraisal process and the sales professional.  These points are applicable here, yet I am highlighting “what is after the interim appraisal” as a result of the urgency getting on track, meeting goals, and having a successful last 5 months.

You Must Do Something Differently!

This is not an issue if you had a great interim review as you are on track, although you need to remain there.  The problem comes when the interim or mid-term was problematic, exposing what even you have to agree are sub-par sales results and as a result low attainment.

When you are in that mode you have reasons to despair and frankly, I can tell you I have been there. It is a place that you don’t want to be as you are up against a clock (actually the calendar) and you know something has got to change, or you won’t be there down the road.

The real deal is that you might not be doing anything wrong, yet you might not be doing enough right.  Something new has to be tried, and now is the time to do it.  I will propose a few things that may help; yet you cannot stop the normal sales process while you execute them.

Those items are as follows:

• You must increase your prospecting effectiveness. It is a proper activity for even those who are having success.  Please to refer to Black Sales Journal 2/10, Prospecting Tips For Black Sales Professionals.  Making your prospecting activities most effective will include changing, yet it is still an activity that is basically short-term that will yield dividends.
• Reckon with the numbers game that prospecting represents. There is no doubt that there is a formula that successful prospecting continually requires.  See this in Black Sales Journal 2/28, How Many Prospects Do You Really Need? You must know your success formula, and make it happen.  The formula is different based on your own effectiveness.  I might be able to make my numbers with fewer prospects, based on my own approach and characteristics.
• Continue to work hard. There is no magic in this statement.  You can increase your effectiveness and recognize your prospecting formula and the numbers that make it work; yet you still can do more.  Here is where you put it into high gear.

Here are some activities that you can do that you might not be doing right now:

• Utilize networking as a prospect source
• Use seminars as a prospecting tool

Networking can be a very effective prospecting source.  It does take work and some planning, yet proper networking will change the prospect base you are exposed to as well as create face-to-face opportunities for prospecting intimacy.  I went deep in this topic in Black Sales Journal 2/21, Networking for the Black Sales Professional.  Using networking effectively is possible in the short term and can be done while the normal prospecting activities continue.

Seminars can be extremely effective.  Done correctly, this activity can be more effective that networking, yet require more preparation, and potentially some resources.  Black Sales Journal 3/24, Finding Prospects Though A Seminar gets deep into this activity that I am partial to.  Now to make this activity work, you do need to have a group that has some has some commonality in buying habits, product needs, industry type, or other characteristics just as the 3/24 post describes.  Once you pull a group together like this, and deliver a message a message with value, you will potentially have followers, prospects, and some customers that you may never have been exposed to.  It would help to be an expert, or regarded as one, yet not necessary.  If you are not an expert, you should engage one to speak to your group, and as is described in the post, keep meticulous records and do not let anyone in, or out, without their contact information, especially their email.

In Summary

These are tactical activities.  They do not replace normal prospecting but can supplement that activity.  You cannot make it in sales without prospecting and need to face that important issue if you have problems there.

Prospecting is the price of admission to being successful sales professional.  Prospecting Tips For Black Sales Professionals were designed specifically for up and coming Black sales professionals in recognition that if you are going to be in this profession, you will need them to smooth out the difficulties of sourcing prospects.

Be effective and prosper.

We welcome your comments.

In light of racial perceptions and racial preference, it is not uncommon to have to  pass muster like this.  Although it is wrong that an individual would have to clear a hurdle on the basis of the color of their skin, gender, religious affiliation, age, or sexual orientation, it does happen.

However, you can win in this situation, and the facts below illustrate that.  Those Black sales professionals who have faced this know that they experience a  personal victory when they are successful and recognize the covenant we all share to be the best.

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If you are a Black sales professional it is no secret that closing a sale is a calculated action; part of a process that we call the professional sales call.  There is no doubt that if you are in this group you will need to have a strong sense of when to close and the technique to close both sales.

Closing on Two Fronts

The close has to come on two separate fronts.

• My company/product is the best for you and is an acceptable price to create the value and utility that your organization needs
• Although potentially different because of my pigmentation, I am the best choice of sales professional to handle the needs of your organization now and in the future.

There will be those that may disagree that this happens.  Don’t be naïve, as it is common.  Note the examples below:

• A young sales person has to make the sale that they are a viable option by showing that they can provide the knowledge and have access to the wisdom and experience which when coupled with the energy of youth can be the best option.  This is right and natural.
• Several years ago women wrongly were forced to close the credibility sale by showing that they were able to prove personal credibility and dependability.  This was fundamentally wrong, and still is.

When I was a young sales professional, I found out that I had at least two items against me.  At a time when there were a much smaller number of sales professionals who were black, I was Black, and was a mere 22 years old.

I was selling in a commercial market (B2B) where there were few Blacks were experienced, and knowledge and experience were to be touted as an advantage.  I quickly learned that you had to find compensators for these “disadvantages” while at the same time I needed to keep doing the fundamental activities that give you a chance.

Learning how to close the sale and the personal/professional sales was one of those activities.

Closing the Product/Service Sale

Knowing how to close the product sale can be scientific, yet still is an art.  Recognition that the close is not always designed to get an order but can systematically be used to determine what objections are out there is important.

There are numerous books out there on closing and having read some, they all have something to add on closing techniques and styles as well as when to close.  I am not going to cover them here, yet will in a future post suggest some books and blogs on closing that you might want to consider.

The main purpose of this post is to discuss the sale that you must make even if your product/service is the best one out there.

Closing the Personal/Professional Sale

This sale is less defined.  Much of this sale is actually done as a prequalification. This is a set of activities that you undertake from the beginning of the relationship.  This set of activities is different for each customer/prospect, as each one comes with a different set of perceptions and preferences.

It is during this calculated process that you get a customer/prospect comfortable, confident, and willing to do business with you.  Is this different than with any other sales professional?  They answer is probably yes.  It is different because in many cases you are altering perceptions, and attempting to change preferences.  A big order, yet something that can be accomplished.

Female Black sales professionals who sell know this more than any other segment.  It is better than it used to be, yet still difficult.  They are challenged to hurdles.

Here are some of the items that you are trying to sell in the Personal Sale:

• Professionalism
• Responsiveness
• Credibility
• Expertise/Specialty
• Personal Accomplishment
• Effectiveness
• Vision

Your customer/prospect will recognize that if you have these traits and one more, the customer’s organizations interest in mind, you have everything you need to have value for his/her organization.

Many of the items above are linked to the Black Sales Journal Article that defines them in depth.  Please take a look at them to get a fairly in depth look what these attributes entail.

Make It Work!

Now back to the issue of prequalification. This is the process of gaining the necessary credibility to make the personal sale.  It is giving the necessary information to the client in “bite sized” portions so that it can be digested and absorbed.

You will prequalify by activities such as sending your customer/prospect your newsletter regarding his businesses industry, referring him to your customers who are next door (who he knows) to get an idea of your expertise, and share with him your ideas about how companies with your profile can get benefit in the future from you product/service.

In Summary

You can correctly position a sale of a product and prepare a close, yet if you are wise, you will realize that perceptions and preferences can be overcome, yet not in a one hour meeting. Prequalifying can have success by getting agreement and clarifcation on many of the issues that would be in question at the final sales call.

These items include providing references to give confidence (professionalism, responsiveness, expertise, etc.), making suggestions for changes and visions of the future (vision, expertise, effectiveness, etc.), and developing the deep relationship that lets all of this gel together.

Don’t miss the opportunity to feed it slowly to your customer early on.  If you give references, suggestions, and expertise information all at the end, when you present your proposal, you have missed an opportunity.  It is too late.

Close both sales and get the order.  Good selling.

Your comments are welcome.  I can be reached at michael.parker@blacksalesjournal.com.