"The Navigator" News Blog

Monthly Archives: July 2014

Patricia Fripp Speaks About Troy Harrison

I have been privileged to know many great speakers.  One of the very best I’ve ever seen is Patricia Fripp.  She’s a legend in the business – the first female president of the National Speakers’ Association and an inductee into the NSA Hall of Fame.  I admire her greatly, and so I’m sure you can imagine how I felt when she said this about me as a speaker:

“I have listened to, studied, and coached hundreds of professional speakers and trainers. Troy Harrison is one of the most engaging content expert speakers I have seen in action. If you are looking for a knowledgeable and entertaining speaker Troy needs to be on the top of your list. Your audience will be glad you did.” 

Thank you so much, Patricia!  If you’d like to take her advice, Contact Me here.

 

Should You Hunt or Farm?

One of the most frequently asked questions from business owners, I find, is how their sales force should be structured. Usually the question goes something like this: “Troy, what do you think of having ‘hunters’ and ‘farmers’ in your sales force, where the ‘hunter’ sells the account and the ‘farmer’ then manages it?” It’s a common question.

My answer is always the same. I dislike it. A lot. Whenever I see that arrangement in place, I see numerous problems. Low customer retention, high customer complaints, and higher than normal sales turnover always accompany this arrangement, and I’ll tell you why.

Think back to when you were a small child, and your parents left you somewhere for the first time (not with a close relative). Maybe it was a babysitter, maybe it was school, maybe it was a day camp, maybe it was day care. Think hard about how you felt. You probably felt a little abandoned, didn’t you? Sure you did. And it felt pretty bad.

Feelings of abandonment are one of the worst emotions we can undergo, yet that’s how customers feel anytime a salesperson ‘hands them off’ to a customer service person or account manager. “But wait, Troy,” some of you are saying. “Not at my company! My company does a clean handoff and my customers don’t feel that way.” No, you don’t – and yes, they do. Your ‘hunter’ has gone through whatever steps were necessary to build a relationship, trust, and commitment – and having done enough of that to get the deal, he sends the message that the customer really wasn’t all that important, after all; he needs to go sell someone else to keep making a living.

Buyer’s remorse is also a very powerful emotion – and the ‘handoff’ causes it to set in, many times before the first delivery is made. Is that the way you want your customer relationships to start? “That’s OK,” you’re saying, “My account managers can make up for it.” Maybe – but probably not. That’s because your account managers seldom have the quantity and quality of contact that the original ‘hunter’ had. For instance, many of these arrangements have a face-to-face ‘hunter’ and a phone-based ‘account manager.’

The second problem is the customer service issues that always arise during the handoff period. “But, but, but…your salesperson promised….” is a constant refrain from customers after the ‘handoff.’ I’ve seen many, many companies that operate this way and sales and service are seldom on the same page. That’s because sales and service are separate and not accountable to each other. I’ll never forget what a service manager said to me once: “The salesperson’s job is to sell the fantasy. The service person’s job is to sell reality.”

That kind of disconnect wouldn’t be possible if the original salesperson stayed in contact. First of all, if the problem is that salespeople have made inappropriate promises, they wouldn’t do it if they knew that they had to look the customer in the eye afterward. If the problem is that the service experience isn’t living up to the sales approach, that wouldn’t happen if the sales and service operations were under the same umbrella and the same person’s responsibility. Hence, you get high customer complaints and low customer retention.

High sales turnover also seems to be part and parcel of sales forces with this approach. Typically, I like to see annual sales turnover in the 10-20% range. Lower than this, and the company might be holding onto underperforming reps for too long; higher than this, the company is wasting money on churning salespeople.

Companies with the hunter/farmer system typically experience turnover in the 30-50% range or even higher (I know of one national Fortune 500 company that had 82% sales turnover last year with this model). That’s incredibly expensive – worse, it’s a waste of sales talent. The worst part is that both the hunters and farmers turn too much.

The Hunters turn because, eventually, nearly every salesperson burns out on a constant diet of prospecting. Yes, I’m a fan of prospecting – but if that’s all you’re doing, it gets tiresome. Worse, two ways that salespeople find gratification are eliminated if you’re a hunter. First, you never get to see the fruits of your labors; the long term relationship belongs to someone else. Second, referrals and testimonials aren’t part of your business development strategy. By the time the company earns a referral or testimonial, you’re forgotten and the Farmer is in charge.

Ironically, Farmers turn at a high rate as well. You might think that the farmer has the gravy train; being able to sell without prospecting sounds like fun, right? Not so much. The biggest reason for this is that the farmer has much less of an opportunity to grow his/her income; that’s in the Hunter’s bailiwick. Too, the service issues we discussed above fall into the farmer’s lap – and they become disenchanted, seek a better income elsewhere, and leave.

What I like to see is salespeople who are all-around players. The salesperson who can bring on new business, take care of it, and build relationships is a valuable salesperson indeed. My experience has shown me that there’s little difference, trait-wise, between the “hunter” and “farmer.” The difference is in the training and company culture. If your culture and training aren’t aligned with this reality of selling, maybe it’s time to take a new look at what you’re doing.

A Great Comment From a Client!

I love getting comments from happy clients!  Here’s what Johanna Ames, president of Ames Linen in Cortland, NY, had to say:

“Troy Harrison played an instrumental role in helping us to develop and manage our Sales Program. His approach is realistic and based in industry experience and, unlike many consultants with whom we have worked over the years, he delivered on his promises!”

Thank you, Johanna!  If you’d like my help, just contact me today.

The Dark Side of Social Networking

I honestly don’t enjoy writing about social networking. That’s not because there aren’t lessons to be taught and learned (hence this article), but because social networking is one of those things that’s written about so much these days, any article can get lost in the white noise (much like the white noise of social networking itself). But, as you’ve probably learned, my life and experiences pretty much tell me what to write and when, and so it is with today’s article.

You see, in the last month, I’ve seen numerous instances of how not to use professional social networking, or how social networking can unintentionally shine a negative light on you and on your career.

We all know that social networking can create your ‘image.’ That’s a good thing, right? Maybe. One thing that social networking does, that other methods of image creation do not, is give immediate transparency. Social networking is like ringing a bell; once it’s rung, it can’t be un-rung. From time to time, when I read posts, I’m certain that some people wish that they could un-ring bells. So, here are some issues that I see in social networking:

Don’t post items that make you look crazy. You’re laughing right now – and so am I – but I’m serious. A few weeks ago, I granted an interview to a website that focuses on marketing and sales issues for car dealers. I’ll be the first to say that I’m pretty critical of car dealers and their sales practices. I earned the right to do so; I sold cars. I didn’t like their practices even when I sold cars, and unfortunately, experience has told me that my criticisms are still right on target.

In the interview, I referred to one practice as ‘idiotic and customer-unfriendly.’ Harsh, maybe, but it’s a remark that I stand by. Well, one used car dealer in Kentucky went NUTS. I began getting alerts from Twitter saying, “You have been mentioned in….” and I took a look. At first, there were several mentions of the interview – mostly positive. This, however, was not (You can follow me at @salesnuggets).

This guy went off the rails. He said that I must have failed at car sales, because no one ever leaves the car business unless they failed, that I myself must be an idiot (every time he mentioned that comment, he capitalized IDIOT), that I should be retrained, etc. Seriously, I was starting to wonder if he was going to be outside my front door some morning; we’re talking Fatal Attraction stuff. I actually ended up with some new followers because of what he posted.

So, what was my response? Nothing. When people are going nuts on social networking, the best response is no response, which brings up another tip. Don’t get in arguments and defend yourself. If someone posts a blatant lie about you (for instance, a customer says that you didn’t fulfill a promise when you did), it’s okay to post factual information – but don’t get dragged into a contest of opinions. I offended one car dealer. No big deal. Others were helped by what I said.

LinkedIn, in particular, offers a window into your professional soul. I just got one of those “Congratulations, your contact so-and-so has a new job!” Well, great…except. I’ve known this person since 2005. This is the eighth new job that this person has had since I’ve known him, and they’ve all been lateral moves. This is one final dark side to social networking: Social networking reflects the reality of your career over the long term, so your career had better be good. Of course, I know this person would have a story about every move. Everyone has a story. Instead of a story, seek stability.

I could, of course, post numerous other examples (such as the ‘professional writer’ who posted a LinkedIn article that was so full of spelling and grammatical errors to be nearly unreadable), but if I were going to give one piece of advice, it would be this: Think before you post. That won’t help my friend in the third example – but it would have greatly helped the one in the first. To be honest, it helped me to stay above the fray when he started posting, because my instinct was to respond.

The immediacy and the transparency of Twitter, Facebook, and LinkedIn allow us to do and post things that are unbecoming and sometimes damaging to us; don’t be that person.

How to Avoid Trashing Your Career

It’s always sad, but I see it frequently. I’ll get a resume’ from a job candidate (or one of my clients will) that has an all-too-familiar career pattern. A veteran sales professional is applying for a position, and taking a look at his resume’, I see that his career was once tied to the proverbial rocket. He had a list of progressively higher positions (usually with some promotions involved), and great accomplishments. But then….something happened.

“What” exactly happened isn’t always apparent. What is apparent is that something happened to knock the pins out from under the person, because after the progression mentioned previously is a regression, from job to job to job, usually with less income, shorter tenure, and less achievement at every stop. You can even envision the people hiring him for that job thinking, “Wow, I can’t believe I was able to hire someone this accomplished!” and then thinking six months later, “Okay, I get it now.” Usually, my writings are geared at helping the hiring managers to avoid hiring this person. Today, I’m going to take a different tack and help YOU avoid BEING that person.

You might think that my first piece of advice would be, “Don’t get fired.” That’s obvious, and many times, the event that knocked the pins out from under the person was a firing. Sorry to disappoint you, but I can’t give that advice. Getting fired can happen for any number of reasons; some of those reasons might be your fault and some of those reasons might be completely beyond your control. Ask me how I know.

Long term career success isn’t necessarily about avoiding mistakes and unfortunate events; it’s about how you recover from those events. Or, as they say, “It isn’t about avoiding the fall; it’s about getting up and keeping going.” Too many of the people that I referenced in the opening paragraph kept going in name only. In reality, they never recovered. Here’s how to recover.

Assess the situation honestly. Why did something bad really happen? If you got fired, did you deserve it? I know, I know, none of us have ever deserved it, right? Sometimes you didn’t – but sometimes you did. Again, ask me how I know. It’s easy to blame ‘corporate politics’ or ‘downsizing’ when things go bad – but were there certain behaviors you exhibited that caused you to be shown the exit? Now is the time for an honest self-assessment to see if there are behaviors that you must change to succeed. Now is the time to make those changes.

Rediscover your love of the game. Do you enjoy what you do? I mean, do you really enjoy it, or is it something that you just ended up doing? To succeed in sales, you must enjoy the activities involved – the sales calls, the conversations, etc. – or you will not succeed. Virtually every other management and professional level discipline is the same.One great way to trash your career is to keep doing something that you don’t like and that you’ve failed at because it’s “the appropriate level of your career.” For instance, if you’ve been fired as a sales manager, maybe now is the time to rethink whether you should be a manager or perhaps it’s time to be a salesperson again.

Market your abilities, not your experience. You’re going to go job-hunting again. That’s perfectly natural. When you do, there’s a crucial change in mindset that can make all the difference in the world in your success going forward – and that is to market your abilities and skills, not your experience. Marketing your experience is about resting on your laurels and your contact base, and it’s the cause of more failed hires than anything I’ve seen. “I can bring this size of Rolodex and these contacts” means that you’re living in the past. “I succeeded before because of these abilities, skills, actions, and activities” means that you’re ready to repeat your successes of the past – if not surpass them. The way you market yourself as a job candidate sets the tone for the expectations of your new company, as well as your own expectations of yourself.

Adapt your methods, but do what made you successful in the first place. In the movie Glengarry Glen Ross, there’s a scene that’s both poignant and pathetic. It’s the scene where Shelly (played by Jack Lemmon) is yelling at the unsympathetic sales manager (played by Kevin Spacey) that, although he’s failing now, he’ll succeed again because he’s been the top guy in the past. “And do you know how I did it?” he asks Spacey’s character. “COLD CALLING!” Then he begs for the “good leads.” I can never watch that movie without thinking, “If that’s the way you succeeded then, why not do it again now?” We all have to adapt and change with the times, but never forget the grit, determination, drive, and utter love for the chase that made you successful. Don’t just refer to past successes – relive them.

Finally, Make up your mind to succeed. This, quite frankly, is a step that applies to any career stage. Sometimes things get tough on jobs – and too many people these days cut and run when they do. Whether you’re a veteran who’s suddenly having to fight and claw as hard as you did when you were just starting out, or whether you’re just starting out, the key difference between success and failure is that successful people make up their mind that they are going to succeed – unsuccessful people don’t.

Even the best long term careers can have hiccups, and it’s how you react to hiccups that make the difference between having the kind of career you can be proud of, or working at the big box store just to pay the bills and reminiscing about the six figure success you had years ago.