Black Sales Journal

I had a meeting with a buyer to discuss adding another line of business to his account.  I felt that I could save him money, and I felt I could make some money for my company and me as well.  He was always an easy person to talk to, and I measured my relationship with him at to be at the highest level.  As his need for the product was high, this might just be a matter of timing.  He was accepting proposals from three vendors in total.

I went to him, presented a ‘death grip’ (a proposal that had price and product that could not be denied) and his response was, “I am going to stay where I am on this one.  You price is good, and I like your organization, but maybe next time.

Almost every business relationship has a limit, and it is usually because of the trust factor.  When the requisite level of trust is absent, the resulting trust deficit might be based on the sales professional, and in many cases, it will be based on the company that sales professional represents. Either way it ‘stops’ the sales process in a way that does not result in any revenue changing hands.

In the case above, the buyer did not have enough confidence in either me, or my organization, to let money change hands.  Obviously this was a learning situation for me.

The Trust Deficit

“Every sale has five basic obstacles: no need, no money, no hurry, no desire, no trust.”

Zig Ziglar

No one wants to think that they are not trusted, but usually this is not personal …this is business!  You have not necessarily done any wrong, but you may still have work to do getting rid of the trust deficit

This obstacle is seldom meant to beckon that you aren’t trustworthy, it is meant to show the relationship is not as solid and intimate as you thought.  You can overcome this lack of trust, and should not take it personally.

Are You At a Disadvantage?

Black sales professionals you should assume they are at a disadvantage until it is proven otherwise.   Let me explain that.  Being at a disadvantage means that you have work to do.  Assume you do not have all of the trust necessary to close the deal, but the good part is that you are in the game.

Trust is an essential factor to consummate a business relationship, and the raw truth is that when you are Black or another minority, you need to work continuously to make sure that trust is present as you may be lacking one of the most important aspects of a positive business relationship, something I call preference.  If you will remember from earlier of issues of Black Sales Journal, specifically BSJ 12/27/2010 Preference, Prejudice, and Perceptions and Your Customer, and BSJ 12/12/2011 Racial Preference in Action to name an important few, preference is important.  It is at the top, and the bottom, of any business relationship.

Preference is ‘socially’ legal.  Preference is still different from “racial preference” as you will see if you read the above articles.  Racial preference is vexing, and is everything wrong with business.  Racial preference is racial prejudice!

I will speak more on this important item in a moment.

Building Trust

How do you get the trust you need.  How do you generate the most complete relationship?  Well, I am going to point you in the direction of a couple of in-depth articles on building the trustful relationship between you and the customer:

Black Sales Journal 7/11/2011- Deepening Your Customer Relationships – The Holy Grail for the Black Sales Professional

Read this to know how to construct and maintain the strongest relationships.  Remember, relationships are everything.

Black Sales Journal 1/20/2011 – Deepening Your Customer Relationships Part 2

Read this one to gain access to a simple customer profile that you can change as you see necessary, and other tools to help you record and recognize the relationship and its strength.

The Role of Racial Preference

Racial preference is essentially racial prejudice, and there is frankly no other way to state it.  Are you at a disadvantage?  The answer is ‘possibly’.

We need to face the fact that there are many buyers who could care less about your color, and believe in fairness.  Many more believe that they do, but are affected by forces that they don’t even recognize.

That is the nature of racial prejudice.  It is easily hidden from view, and with that in mind I suggest you always assume you are at a disadvantage.

Read about it in the articles I cite, you will recognize it, and learn to make the proper assumptions.

Relationship Building 101

Build a relationship for all of the reasons cited in these posts, and put your energy and resources toward making sure that you cement together a solid, enduring relationship founded in trust.  Deliver on your promises and commitments and you will create the underpinnings of a trusting relationship.

Ask the customer how you are doing…get meaningful feedback from this important relationship.  More in Black Sales Journal 3/12/2012, Ask Your Customer for Feedback.  You will be amazed at how the customer begins to start to develop an affinity for you if you will put yourself on the line like this.

Be the best at what you do, and remember you cannot win without your customer’s trust, and relationships are everything.

Your comments are appreciated.

It is important to revisit this topic, as it is at the heart of what Black Sales Journal works to change.  Although it is just that an individual would have to pass muster like this, it is wrong that an individual would have to do so on the basis of color of their skin, gender, religious affiliation, age, or sexual orientation.  Fact is that 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, thus slowly but surely changing perceptions.

I hope you will enjoy this redux of a very important post from early last year, I have been assured that hit is a good one by many of my readers.   I will be back with you on Monday.

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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.