"The Navigator" News Blog

Monthly Archives: January 2016

HOW TO SET THE LANGUAGE OF THE SALE

Recently I was taken to task over something I wrote in a trade magazine. The topic of the article was price sensitivity, and in the article, I referred to number of phrases that salespeople should abandon – phrases such as “I’ll save you money,” “I want the last shot at the price,” and other profit killers.

The person who wrote in was quite agitated and said that my advice was horrible advice. His reasoning was that the biggest company in their area – and their toughest competitor – used those phrases with customers, and that meant that “we have to do so, as well.” I get it. This is an easy trap to fall into – and it’s one that virtually guarantees that you’re going to lose the sale to your competitor.

Words mean things. And many times, whoever controls the language and the terminology of the sale is the one that wins the sale. Here are some environments where the language becomes critical:

When teleprospecting: Teleprospecting is a moment when the language sets the expectation of the customer. Years ago, I had a salesperson who would initiate contact by saying that he could ‘save them money’ on their service. Well, he’d get the appointment, see the customer’s invoice, and quote cheaper prices. The customer would then call their current provider, tell them about my salesman’s cheaper prices, and the current provider would lower their prices.

The customer would then call my guy and thank him for his time, but say that he was staying with his current provider. My salesman fulfilled his promise, didn’t he? His only commitment was to save the customer money – and that’s all the customer was led to care about. And he saved them money and rarely got the business!

If you’re using the same language to get an appointment as your competitors, all you are is a “me too.” And if you’re not as large, as well marketed, or as well branded as your competitor, you’re a lesser optiion, no matter how good you are at what you do.

When quoting price: This was the moment that my critic was referring to. Since his competitor used phrases like, “I want the last shot at the price” when quoting price, he felt that he and his salespeople were bound to do the same thing. Well, first of all, as noted above, when you copy your competitor, you look like a lower-rent version of them.

Besides, this should be obvious: EVERYONE can’t have the last shot at the price. Who will get the ‘last shot?’ The company that has given the customer other reasons to buy besides price, using their own sales language.

Responding to RFP’s: If there’s any moment when the language of the sale is paramount, it’s in RFP situations. Here’s why: The entire success or failure of your proposal depends on the wording of the request for proposal. The products and services in these situations tend to be called out in quite specific detail. That’s the language of the sale. And there’s a dirty little secret behind the language.

Someone – a salesperson – got next to the person who was designing that RFP and setting the language. And, if that person wasn’t you, the language of the sale is subtly designed to eliminate you, not include you (because the salesperson who helped write the RFP wants it that way). Maybe brand names are called out that you don’t have good access to, or product specs themselves are written so as to eliminate some products.

Years ago, when I was in the uniform industry, my company owned a manufacturing arm (as did some of our competitors). Each of us tried to spec our own brand into the RFP, or failing that, to put some specs like fabric weights, specific colors, etc. into the bid that would include us and eliminate others. It didn’t always work, of course, but we always tried.

The key is this: If you didn’t help write the bid, someone did and they stacked the deck against you, using their own language of the sale. And if you can’t talk to the person who is in charge of the bid, your chances of winning are slim and none – and Slim just left the room.

So, what’s your option in these situations? Have the strength to play not by the competitor’s rules but by your own. If you can’t talk to the person who is driving the RFP, don’t offer a proposal (unless you really need the practice at filling out forms). Don’t use their terminology. Have the guts not to ask for the ‘last shot’ at the price. All of these actions define you as DIFFERENT and actually improve your standing and memorability in the customer’s mind.

More than that, use straight talk and terms that resonate with your customer. Don’t use euphemisms or industry terms, and then YOU will be in charge of the language of the sale.

Three Words That Can Help You In 2016

Sometimes, all it takes is three little words. I’m serious. Sometimes, three little words – the saying, the adoption, the believing – can make all the difference in the world. I’m not talking about the classic “I love you,” or any variations thereof; nor am I speaking of anything that begins with “go” and ends with “yourself.” Although I must admit that all those phrases have their time and place.

I’ve spoken of other short phrases that are of great benefit before. “I can help,” for instance, is important because it taps into something very deep within a customer’s psyche. Offering, or asking for, help can be key in changing the trajectory of a conversation. But, these aren’t the words I’m referring to, either.

No, I’m talking about business, and the three words I’m referring to are: sense of urgency. When I look over the various winners and losers I’ve seen in the business world, those three words tend to define the difference between winning and losing. In a nutshell, winners have the sense of urgency; losers do not. When you’re analyzing your own performance or that of your salespeople, ask yourself, “do they display a sense of urgency about their jobs – or not?”

One might think that tighter economic times, such as the ones we’re in at the moment, would provoke greater sense of urgency on the part of those whose responsibility it is to make things happen. Often, however, the result is the opposite, because urgency’s enemy – fear – sets in. Salespeople who would otherwise be highly motivated to make calls get nervous and apprehensive about “the economy,” and thus calls go unmade (“I’d rather call them when the news is better.” Of course, since “the economy” is simply the cumulative effect of individual decisions to do or not to do business, every such postponement actually makes the economy a little worse.

Let’s take a look at some of the roles within (your?) company, and look at how a lack of urgency can negatively impact sales success.

The salesperson: This is fairly easy. In fact, we just discussed such an example above. However, I see a lack of urgency in many different parts of the sales process. As an example – recently, an out-of-town company prospected me to purchase a fairly innovative marketing program. Coincidentally, a local KC company contacted me the very next day, offering a similar service. I know and like the owner of the local company, and I am a buy-local guy when it makes sense. So, I met with them and discussed some possibilities. I then waited for a proposal. And waited. And waited. Meanwhile, the out of town company was calling me to follow up. When I finally received a proposal from the local company (after not one but two calls asking if they wanted my business or not), it was less targeted to my needs than the one I’d received well before from the out of town company. Reasoning that if the local outfit didn’t have a sense of urgency about winning the business, they were unlikely to have one when it came to servicing the business, I went with the out of town company. I’m pleased with my decision – but if the local company had followed up aggressively, they’d have won the deal.

The sales manager: Sales managers can lose sense of urgency in many ways; the decision to make changes in personnel, for instance, becomes a lack of urgency. The most common way for urgency to get lost at the sales management level is when changes are desired by ownership, and the sales manager is lackadaisical about pushing that message to his reps, and making sure that the right things happen. The biggest way the sales manager can reflect a lack of urgency, however, is simply by not making certain that his reps are maximizing their 40 hours per week. I call these sales managers “coast and collect” managers, and they’re not a help to you or your company.

The business owner: Business owners can be the best and worst with a sense of urgency. Sometimes, they’re the best – building a new building, adding a product line, etc. Sometimes, they can be the worst. One example that I see all the time is the business owner who waits for the ‘perfect’ time to do work to develop his/her personnel. “Well, I’d like to get the next person hired” becomes “We’re kinda busy right now” becomes “We’re not very busy right now so we’re keeping an eye on cash” becomes “I just had two people leave” becomes the never-ending cycle. Not coincidentally, the companies owned by these business owners seldom grow.

The best two questions any person can ask, when confronted with an important task, are:

If not me, who?

If not now, when?

While there are other ways “sense of urgency” can hamper companies at every management level, hopefully, you’re getting the idea. Sense of urgency means maximizing every lead, every call, every proposal, and every hour. If you’re doing it, great! If not, remember those three little words.