What Keeps Your Customers Awake at Night?

Think about it…your utility as a sales professional is partially based on the benefits you bring to the customer.  You cannot escape the fact that there may be equal, or even superior products out there. There may be better services, and for sure better prices.  Remember that you have to bring something that others don’t deliver.  Piece of mind is just that important!

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A very successful sales professional once said to me, “The most important thing I can do is to have some true relationship time with my most important customers.  My objective is to determine what problem or future concern is keeping them awake at night.” She then stated, “If I can figure that out, I can give them something that they have not been able to get from anyone else, peace of mind and rest.”

Hmmmm, there is some truth to that isn’t there?  The problems that clients have are not limited to making money and having a sound balance sheet today, this concern goes into the future.  Our customers have a multitude of things on their mind, and most of them have nothing to do with the products that we sell.

Our job is to probe discretely and listen actively to determine if there is anything in the dialog that gives us an understanding of the customers biggest, most pressing concerns.  Help the customer solve pressing issues using your product, and when your product is not enough, use your knowledge and resourcefulness.

If you are able to solve them, you have cemented a stronger relationship that is security in itself.

A Real Life Example

This individual sold financial products.  This included business life insurance products and pensions and retirement instruments.  Here is how the story played out:

My friend, who I will call Deb, worked with a fairly large organization that was a leader in selling financial products to businesses.  Her relationship with the customer was 3 years in tenure, and solid in terms of openness and sharing of information.  She was in his office for a review of her products financial results and overheard a conversation regarding the turnover that her customer was having regarding their employees for the last 2 years.  It was getting worse, and once they finished training a new employee, it was often less than 18 months before someone snatched that employee from them.

While at a business lunch the following week, she shared that she overheard a conversation about this issue.  His response was that employee retention was a huge issue, and that the cost of hiring and rehiring, training, and downtime were taking a huge financial toll on his organization.  Bam! Do you doubt that this problem was keeping this individual and potentially others in his organization up at night?

They discussed some of the reasons that this might be happening, and the customer volunteered that much of this was the result of his location being far from the main town, as well as the fact that his major competitors were offering ‘sign on’ bonuses for skilled employees.  He advised that he was not in a position to offer anything like these bonuses, as it was fundamentally wrong, and way to expensive.  Deb stayed on this one and with help from one of her contacts at the organization determined that the hiring and training cost for a new employee averaged 32% of first year wage.   She scheduled an appointment and advised that they could save money by doing the following:

Initiate a profit sharing plan (Deb’s company’s main product) that the company’s employees could begin contributing to after the 1-year mark.  She urged them to make a matching employer contribution that would get interest from the employees and keep good participation in the plan.  Additionally she suggested that they should talk to their accountant about the possibility of reimburse their employees for their some of their travel costs as it was a factor in the turnover.  The costs would be minimal if the turnover abated according to Deb and the organizations financial people.

Deb’s point was that although they did not want to offer incentives, that they were paying for it anyway in training costs.  They were training for their competition.

They bought the concept of the employer matching profit sharing plan and they also started a plan that compensated employees for some of their travel costs.  This one sounds pretty simple, yet the important part is that this is what was vexing the customer.  It sold and made them happy even though Deb’s only portion was the profit sharing (401k).  The whole package was the attraction, and the employees embraced it.

What Did Deb Do?

It was pretty simple in the end.  She found something that was problematic, and she helped to fashioned a solution.  That is what a true sales professional does…. solve problems! She didn’t have to do anything earth shattering or magical.  It took time and patience to put together, yet this paid dividends.  She got them to realize that it would be good money to spend.

Her solutions beyond those products that her company could offer, they were designed to move the customer past the problem with simple solutions.  Deb made a good amount of money using tactics like this.

What Should You Do?

Be vigilant as to what problems your customers have.  Listen with the intent of knowing what you might be able to help solve with your product, but also what might help your customer even if you (or your company) are not going to benefit.

If you do the following you can help your customers profit, and you will as well:

Be a visionary and see past what your product does.  Solve problems and secure trust and your customer’s dependence on you.

You cannot do much of this without a good relationship (Deb had one before she knew about the problems).  Make sure that it is solid and realize that if you are not solving the customer’s problems, someone will. If you are spending time with the customer outside the office, you will find it a great tactic to use to get to the heart of many of the problems that the customer might even take for granted if he or she is sitting in the office when you talk.  A relaxing medium such as a restaurant or bar can help.

Be a problem solver and reap the benefits.

Master the Relationship!

Are You Comfortable Enough to Curse? Think Again!

Business relationships are special.  They are constantly fragile, but durable enough to ward off competition.  No matter what happens in your business relationship, and no matter how close they feel, don’t forget that you are always safer keeping your language on the formal side.  Yes…I am saying that you never know what might offend someone.  Sales professionals are notorious for dropping an ‘F-Bomb’ in the heat of a conversation.  Is it worth it?

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Business sales requires that a sales professional builds and cultivates relationships.  That position plays the role of relationship manager. All other relationships pivot on the relationship that the sales professional generates.  For those who have sold for years, you know all of this.  Much of this post is for our younger sales professionals.

As relationship manager, it is obvious that each relationship will be different, and will vary in depth.  That is the way relationships work in business and in personal life.  We all believe that we evaluate our relationships carefully, yet that evaluation comes with our own judgmental biases and perspectives.

The comfort of a relationship can lead us to speak and act in ways that are too casual.  I am speaking of the usage of slang and colloquial terms and phrases in your business relationships, as well as on the job in your own workplace.

Your Customer

If you are a Black sales professional, it is most likely that your customer and you coworkers come from a totally different background than you.  Life experiences build perceptions (Remember the 3Ps, Perceptions, Preference,  Prejudice and Your Customer – Black Sales Journal 12/27) which one carries until they are ready to give them up.  The danger of slang in a business relationship is that you do know when a word or phrase validates a perception that a buyer might have.

This does not mean that you cannot say all slang, yet slang that is culturally significant when you are still in the relationship building stage could be unacceptable.  I will admit to my guilt in using culturally biased slang with some customers.  Usually it was long, well developed relationships where I exercised that ‘privilege’.  The length of some of those relationships was decades, and I was well familiar with their views, and the customer with mine.  I was lucky, and still probably should have been a little more antiseptic.

Is This a Big Issue?

I don’t think this is a big issue, yet for some of our emerging talent, it should be heard.  Forming relationships is hard work.  You need consistency and some personal protocol.  This is one of those things that must be remembered.

We all have a way of feeling comfort.  It can be a review of your relationship with a customer, or having the strength of a relationship confirmed by a new large order.  If you are wrong in your level of comfort you might seem crass, or you might spark something that chips away at a relationship.

Culturally biased slang includes language that in the Black community would not necessarily be offensive, yet we are not often selling to the Black community.  Even when we are, we want to have a solid idea of who our customer is, and what our boundaries are.  I suggest that it is easier to be in a business mode, and not take the risks unless you are certain of your customer and your relationship.

Your Work Environment

The work environment is a territory that you will know better than your customer.  Even in this territory, you should recognize the limitations that you should impose on yourself.  The workplace should always be considered “foreign” territory.  A familiar place for doing what you do to earn money, and make a career, yet a place that quite often has a set of rules that you have become comfortable with, even if your coworkers are barely comfortable with you.

None of this is bad at all.  Being at work is earning a living.  I had the fortune of working at a place that accepted my cultural differences and allowed me to grow.  All places don’t offer that haven, so your judgment is important here.

I was not the first Black sales professional that worked there, yet I was their first Black sales manager.  By the time I worked in that role, there were things that I said that I wish I could have taken back.  I learned on the job, and learned the hard way.  We all will not work for a solid and forgiving organization.

If you follow the same rules that you should use with customers at your job, you will never lose.  It will be easy to remember, and you will not turn anyone off.  Remember, taking back things you have uttered is like trying to “put toothpaste back in the tube.”

A Simple Example

Many years ago I was on a sales call with a sales professional who the customer told some difficult news, to which he uttered “That Sucks!” Think about that comment, and apply it to business relationships 12 years ago when it was even more sensitized.  The response from the customer was a face that I interpreted as being taken aback.

Now, quite frankly, there were many words that could have been used there, yet the one that came to mind did not sit well with the buyer, who was an older female.  When we left the call and were in the parking lot, I coached that this was not an appropriate comment.  I believe it was for laughs to a degree as there were several people in the room, yet that only means that there could have been several people offended (I don’t believe there were, yet our buyer appeared to be).

I believe that the sales rep took it to heart and appeared very professional in other calls.  I also believe that he apologized to the buyer who quickly stated that it “was fine.”  Fact is that it should not have been done.

How About Profanity?

I once had a manager who could use profanity, and no one ever seemed bothered by it.  Now, I don’t know if they were, as I was not polling, yet there were never any repercussions.  He was well accepted, and had a way about how he did it that desensitized.  I never felt I would have been that blessed.

The fact is that Black professionals should be careful about using profanity for more reasons than I could list in this journal.  It is easier to keep it clean, and be expressive and emphatic.  I believe there is no place for it in our day-to-day public image with the customer or employer.

Remember to always be the consummate professional.

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