Although traditional organisations may recognise the importance of the Sales Function, and seek to increase sales by paying it due attention, many organisations focus on the wrong elements of the Sales Process when managing staff. The most obvious areas for an organisation to focus on are Sales Activity and Sales Results. An excessive focus on Sales Results is akin to management by fear.

“If you don't hit your Sales targets there will be consequences!”

An unbalanced focus on Sales Activity is akin to management by pressure.

“Just get out there and sell, make appointments, get on the phone and 'cold call'”

Whether they intend to or not, Sales Managers who focus too strongly on Activity and Results create environments where there is a lack of trust and uncertainty about the future.

The tables outlines the consequences of inappropriate focus and management.

I have just been reading an article in the Harvard Business Review (July-August 2012) and was intrigued with the headline: ‘The End of Solution Selling’.

The article announces that “the old playbook no longer works” and that “star salespeople now seek to upend the customer’s current approach to doing business”.  Bold statement and interesting observation I thought.

For many years we have championed the cause of sales professionals solving the problems of their customers to win business, and ensure repeat business - solution selling. 

But in recent times it has become apparent that being the font of all knowledge to our clients and solving all their problems is not enough. For a start, customers make an approach or enquiry armed with more knowledge of our product or service than ever before. They have researched and compared all before walking through our door.

As the article outlines, “customers completed, on average, nearly 60% of a typical purchasing decision – researching solutions, ranking options, setting requirements, benchmarking pricing, and so on – before even having a conversation with a supplier”. With this in mind, the celebrated ”solution sales rep” can be more of an annoyance than an asset!

“Insight selling” is now the mantra of the best salespeople. It is a new strategy that demands a radically different approach across several areas of the purchasing process.

Sales professionals need to be adaptive. Solution selling skills need to be complemented with strategies to challenge, insights to engage clients and the touch to coach how they should buy. Successful reps “may still be selling insights. And in this new world, that makes the difference between a pitch that goes nowhere and one that secures the customer’s business.”

The full articles is linked on our website, so take the time to have a read and see how Insight Selling might better suit the ‘new age’ customer in your market?

Boiler

Why not?

I was working with a customer a couple of days ago and at the end of our coaching session he mentioned he had an appointment with a new open prospect which they hoped to sign. "Great" I said. "What's the plan?"

The owner commented he'd get them in, have a chat, discuss rates etc. etc.

I said "Why?" "Why what?" he replied. "Why discuss rates?" He said, “Because that's how everyone does it in our industry.”

"Silly me" I said! "Try this and see how you go."

I asked my client to bring in the new customer, thank them for taking the time to come in, and then go to the flip chart. Draw a magic wand in the middle and explain to the customer that that this is a magic wand where anything is possible! Then ask a beautiful question of the soon to be customer. "If you had a magic wand and could build the perfect relationship between a customer and a business like us what would it look like?"

Then I told him to sit down and be quiet. Let the customer map his own proposal. All you need to do is ask for clarity as he goes. Then, when finished, stand up and circle all the things that you do now as a given. Then anything that is a little left field ask him to explain further.

Wham bam thankyou Mam, you have a proposal already done and designed by the customer for the customer! Remember the human brain works in pictures first, words etc. second, so allow your customers to design the perfect proposal, then sign it off.

This client of mine rang me Monday to celebrate "Boiler you are a genius!" he yelled. "Why" I asked?

"We did what you said and the prospect has now signed and for above market rates – all signed on a flip chart!" He could not believe it was possible to sell that way.

Guess what – it is.

Boiler