Category: Sales Motivation

Are You in the Right Sales Job? Answer This Simple Question.

Are You in the Right Sales Job? Answer This Simple Question.

Are you in the right sales job, or is there something better out there for you? I think I can help you find the answer – provided you consider what happened to me.

Once upon a time, a large, global corporation stopped compensating its sales force on actual sales volume. My colleagues and I, working for this company, hoped the change would bring about a more utopian work environment. Maybe we would be paid a healthier salary? Maybe we would be empowered to really serve our customers and no longer have to sugarcoat the truth? Most of us on the sales force would’ve agreed that we sold first class products. Therefore, it wasn’t hard to convince customers to use them.

Such naive exuberance! The new compensation system, turned out to simply be a replacement of the tradional pay for sales system to a pay for sales metrics system. These metrics meant we were measured more frequently than ever on activities that had little meaning to us or our customers. I remember quickly resenting the loss of the old system. In hindsight, it wasn’t the money. I was still made around the same amount as before. What I really lost was the ability to craft the job on my own terms.

From this experience, I learned a very important lesson. When we complain about unrealistic quotas, we ignore the real problem – the concept of outside measurement itself. Any assigned sales metric, whether it’s sales volume or anything else, attempts to inspire the sale person into action. Yes, goals can be motivating, but only when WE set them. Taking on someone else’s goal is not the same thing. Be honest, when you accept a sales job, you’re not actually taking on the company’s goals. You don’t really care about selling over-and-above the required 10,000 widgets. Deep down, you are saying to yourself, “This job’s prescribed goal helps me achieve my personal goals.” More specifically, we accept that the money coming from the job’s achievements will lead us to our desired personal achievements.

Unfortunately, always doing (and believing) what you’re told can be the fast track to growing old. You wake up ten years later with a higher mortgage payment and no more happiness than you started with. In most salesforces, only a small percentage of sales people make the bulk of the compensation. For those lucky few who make it big and retire to a beach, there are about 1,000 of us who don’t. What’s easier to believe – only one of every 1,000 sales people really works hard, or measuring life fulfillment based on something so random is ridiculous?

Instead of focusing on getting rich, try being rich. I don’t suggest spending beyond your means, but taking a mean look at your spending. Your neighbor with the Porsche may be swimming in debt. That cruise that your teammate brags about may be collecting interest on her credit card. Real wealth is an equation:

What you make – What you spend = Real Wealth

Here’s what you really need to ask yourself: If your commissions (or other measurement system) where taken away and replaced with a comfortable salary and benefits package, could you still do your job? Are you truly inspired by the work itself? A job worthy of your time should do this. Keep telling yourself the money alone makes it worthwhile. At best, you will only ever tolerate your job. Still don’t believe me? Daniel Pink, in “Drive: The Surprising Truth About What Motivates Us”, says workers should be paid enough to take salary off the table. Research has proven, the more money you make beyond about 70k per year, not only fails to add hapinesss, it starts to take away from it. Are you in the right sales job? You now have the answer!

Sincerely,
Meaning2work

Ps: I doubt one blog post will change your mind about the futility of finding happiness from making more money. Have the courage to read Daniel Pink’s book if your belief in it is that strong. To find it on Amazon, click here.
Pss.: Are you instead wondering if sales is the right job for you, period? According to David Hoffield, you will likely be selling in your next job – even if it’s not in sales:
https://www.hoffeldgroup.com/sales-articles/the-new-reality-everyone-is-now-in-sales/

Sales Words: The Performance Effect

Jealous of the Top Performers on Your Sales Team? Here’s a Reason to Reconsider.

In addition to recognition and accolades, top performing sales people enjoy a hidden side benefit that helps them retain there status for ever longer. What I call the Performance Effect is the added motivation gained from simply being a top sales person. Whereas before, you might have identified yourself as a mediocre performer, now you have the extrinsic reinforcement that say you’re a top gun. To you, it makes sense to spend that extra hour or two making an extra call or answering an extra RFP.

All the while, everyone else on the sales force wonders how you do it. For reps with steadily growing territories and stable performance metrics, the performance effect may sustain itself for months, if not years. For sales reps who experience significant and frequent changes, the effect may be fleeting.

As shocking as it may sound, the performance effect is something to avoid rather than envy. The reason? All good things come to an end – even for star sales people. One small change in performance measurement, product pricing, or territory geography is all that may be required. The longer a rep believes his own positive press, the more profound the fall from hero to zero can be. Salespeople experiencing this abrupt change may become bitter and experience a level of self-doubt. A rep feeling this way may feel she somehow “lost her mojo”.

Unlike other jobs, sales people experience a wiping clean of their performance slate every year. We start every year with $0 in sales and essentially need to prove the right to keep our job once again. Therefore, more so than in others professions, sales people need to be reinvigorated. Daniel Pink, author of “Drive: The Surprising Truth About What Motivates Us”, believes we all need to see the power of intrinsic motivation. Having a strong sense of meaning or purpose in your job makes you resistant to the extrinsic ups and downs of things like quota attainment. According to Mr. Pink, other essential factors to motivation include autonomy and mastery.

Sincerely,

Meaning2work

Sales Words – Golden Oasis

Good numbers make everything better! Don’t they? In most companies, sales performance trumps all other metrics. What I call the Golden Oasis is a version of the Halo Effect that applies to sales people when they look excellent on paper. Their advice is sought by other sales people and management alike. They seemingly can do no wrong.

Experiencing this phenomenon can make you, the sales person, give yourself too much credit. You must be an expert because the results say so! Don’t they? To the dismay of many, this luxurious state of mind is temporary. The loss of a big customer, a change in market conditions, or a price hike are just some of the circumstances that may cause a sales rep’s golden oasis to evaporate.

Can you think of a time when you were fooled into believing your own greatness? I welcome your comments!

Sincerely,
Meaning2work

You’ll Find Me in Cell Block C4 – Spreadsheets and Sales

Yes, they’re an excellent tool for analyzing data. Yes, they give individuals and companies the ability to store large amounts of information, perform calculations, and even spot trends. Yes, our employers probabaly wouldn’t be able to pay our paychecks without them. I am, of course, referring to spreadsheets.

No, spreadsheets don’t hurt people. People do. At some point, we went from using them as tools to inform decision making, to tools that actually make decisions. “I’ll spend the majority of my time with my top 20% of customers”, we might say. “We’ll fire the bottom 10% of the salesforce,” management might say. Like a sophisticated Magic 8 Ball toy, a formula plugged into a spreadsheet spits out a course of action for us and we dutily follow it.

Like all computer programs, spreadsheets cannot function without input. That’s where you and I come in. We take one of the outputs of our work, (ie. net sales, market share, etc.) and feed to the spreadsheet so it can work it’s magic. Unfortunately, magic has yet to be proven to be anything more than artistic, entertaining, trickery. Here are some problems with the way we use spreadsheets in sales. Feel free to add more in the comments section of this post.

Spreadsheets Can De-humanize Sales people and Customers

We humans want to be treated as individuals. Considering only a few data points takes away any unique or relevant details regarding the individual. Intellectually, we all know this but, in practice, we forget it very quickly. According to Cal Newport in his book “Deep Work”, it is scientifically impossible for the human brain to truly multitask. Instead, our focus switches quickly between two or more tasks giving us the illusion of doing more than one thing at once. Therefore, when analyzing a sales report, it is impossible to scrutinize the data and consider the person attached to it at the same time.

To this day, I have my personal breakthroughs quickly reduced to rubble at the hands of a spreadsheet. In response to a record week of sales, I am rewarded with a report sharing how many reps around the country had the same or more sales than I did. Customers don’t fare much better either. We don’t throw reports in their faces. Instead, we treat them only as well as their business potential dictiates. Why? That’s what a formula on our spreadsheet tell us to do.

Spreadsheets Facilitate False Assumptions

Where does data come from? The past. According to Nicholas Nassim Taleb in his book, “Fooled By Randomness”, one of the biggest mistakes humans make when looking at history is assuming everything is due to cause and effect and not randomness. He skillfully points out that even major historical events are the result of random factors. For example, what if Adolph Hitler was born a girl? Given the restrictions on women in Germany at the time, is there any way she could have risen to power, let alone attempted to take over the world? In a more practical sense, managers often assume reps are either unskilled or lazy when sales are low.

Don’t get me started on charts either! I like the visual representation they provide in describing the past. It’s what lies beyond the trend line the spreadsheet never tells you. As someone who has won and lost on the stock market, I can tell you that no trendline EVER guarantees what will happen in the future. When your personal sales trend line is pointing down, you are looking at a picture of the past. You and I only have influence on the future.

Spreadsheets Can Hide Information

Anyone who has used Excel can show you how easy it is to hide rows or columns of data. Once the information is out of sight, it’s much easier to ignore. Often its the data that’s NOT recorded in the first place that is relevant. Try developing a list of key customers without looking at geography and you may miss many smaller targets who have high potential because of some geographic factor.

I had a friend who was a judge tell me once that he did not like video-taped testimony. He felt something could be happening off camera that could be influencing the witness. Spreadsheets, have the same effect. They shout, “Hey look at this information here!” All the while, our focus is potentially taken away from something else that could be more relevant.

Spreadsheets Often Oversimplify the Real World

As sophisticated as we think we are when we use them, spreadsheets force us to limit the way we see the world. Why? Our brains are not wired to take in massive amounts of information at once. Therefore we use spreadsheets to help find that one crucial piece of data or trend. Again, it’s the ‘Hey, look over here’ effect. The dumbing down of our approach makes us susceptible to confirmation bias. This is when we only notice data that confirms what we already think. Daniel Kahneman explores this and many other cognitive biases in his book “Thinking Fast and Slow”.

One mostly uh-helpful excercise I’ve had to perform many times in my career is the “Hot, Warm, and Cold” list. “Hot” customers are those we think are close to buying. “Warm” need a little more work and “Cold” are not interested at all in my product. These designations fit nicely into a spreadsheet where they can be sorted. Other than for time management, this information provides little value in advancing sales cycles. Calling someone a “Hot” prospect does not tell me what I need to do next to insure the sale gets closed. Calling someone a “Cold” prospect doesn’t guarantee that I’m not losing business by ignoring them either.

Spreadsheets are no more to blame for these problems than a baby is for a dirty diaper. The real problem is the power we give them – the power to make decisions for us and make us less accountable. Stop confining yourself, your employees, and your customers to numbers in a cell and you just may see your world open up!

I you like what you’re reading, please share this post with a friend and subscribe!

Regards,

Meaning2work

9.13.18 Update:
To date, this my-most viewed post. If you have a second, please leave a quick comment below and tell me just what drew you to read it. Was it the title? What did you think of the content? All opinions are welcome!

Ps. I’d like to put a plug in for Seth Godin’s “Akimbo” podcast. I love his thoughtful and straightforward tone. His thoughts often inspire mine. To check it out on iTunes click here or search for “Akimbo” in your podcast player.
To check out Nassim Nicholas Taleb’s “Fooled By Randomness” on Amazon, click here.
To check out Cal Newport’s “Deep Work” on Amazon, click here.
To check out Daniel Kaheneman’s “Thinking Fast and Slow” on Amazon, click here.

5 Popular Sales Tactics that are Manipulation in Disguise

The most important timeframe for sales people is NOW. The most important goal? GROWTH. Losing bids and losing customers is secondary. The problem? Think back to your best personal experience with a sales person. It’s doubtful he or she was forceful or deceiving in any way. Don’t your customers deserve the same treatment? You know not to lie to customers – even though it can bring short-term success. It’s time to reconsider any sales tactic in your arsenal that doesn’t directly help customers.

Here are five sales tactics that are manipulation in disguise:

1. Non-verbal Persuasion

Think mirroring, using facial expressions, how we dress, eyc contact, etc. These tactics are scientifically proven to make a good impression on a customer. They subconsciously make us more appealing. Is this such a bad thing? Maybe not, but imagine a salesperson dressing like you, posing like you, and smiling like you. Creepy!

2. Passive-Aggressive Pressuring

This is anything from showing up smiling at the same client every day to casually mentioning a tragedy experienced by a company similar to theirs. Whether or not your customer notices immediately is irrelevant. Although your words and actions are polite, what do your actions communicate? Is the insight you’re presenting really a cause for concern? Fear mongering and fake kindness waste your customer’s time and ruin relationships. Customer’s work on their own schedule, not yours.

3. Lying by Omission

This one should be obvious but sales people do it everyday. It’s the fine print that we omit from our presentations. It’s the discount card telling you your medicine is $15 when it ends up costing $150. It’s not alway our fault. Sometimes, corporate keeps us in the dark. What the customer doesn’t know, WILL, eventually hurt them. Getting the sale is never worth risking your credibility. Tell the whole truth.

4. Relationship Selling

Strong business relationships are paramount. Personal relationships can be very helpful, but only when they’re genuine. Don’t be the sales person who goes to family parties or sporting events with clients he can’t stand. Sooner or later your customer will know your a fake and so will you. Try hanging with your real friends a little more. They probably miss you!

5. Keeping Score (Quid Pro Quo)

This means using favors of any sort as leverage. John David Mann and Bob Burg’s book, “The Go Giver”, sums it up nicely.  Among other sage advice, they implore us stop keeping score. Stop expecting something in return for the extra care and service you give to your customers.  Instead, be generous because it’s the right thing to do.  Aren’t you annoyed by sales people who think they can trade a free gift in exchange for a high-pressure sales presentation? To truly give something “free of charge” is to offer it without ANY strings attached.

The verdict:
Are you a horrible person because you’ve used one of these sales tactics I’ve mentioned? Not at all. What separates manipulation from skilled selling is sincerity. If you are having a good conversation, you probably automatically use non-verbal relating techniques. Put your time into answering objections instead of avoiding them. If your customer turns out to be a nice guy our gal, be their friend. Just be a real friend, not one that asks for something in return.

But these techniques work!  Isn’t it my job to sell?  Yes, manipulation techniques do work, but only until your customer figures them out. Then you’re screwed. Don’t risk losing next year’s customers by manipulating them today.

Regards,

Meaning2work

If you’d like to get out “The Go Giver” book on Amazon click here.