By Kristin Zhivago on Jul 4, 2008
People buy when they're comfortable that they're making the right decision. If they're uncomfortable, they don't buy. This is especially true when money is tight or people are fearful. Their comfort zone - and how well you stay within it - will determine if you make a sale, or not.
Let's look at what will kick you out of their comfort zone - and how you can stay inside.
By Kristin Zhivago on Jun 27, 2008
As consumers, we are encouraged to enjoy life, relax, have fun, hang out with our buddies and laugh, drink, eat, travel, be entertained, look for ways to make things easier, more efficient, faster and more cool. As marketers and salespeople, we make claims that our products and services will help people do these things.
Given that the average consumer is exposed to thousands of these messages a week, consumers are immersed in an endless sea of messages encouraging them to "do your thing," "just do it," and do "whatever turns you on." There's also an overriding theme, that you are really, really important, that it's all about "you."
The problem is, in our society, money is the vehicle we all use to pay for those indulgences. We have to make money before we can spend it on our ever-so-special selves.
By Kristin Zhivago on Jun 20, 2008
Some time ago, I wrote an article about how software buyers were mired in the "skepticism swamp." It's even worse now.
If you're selling software, you have to be able to overcome the massive amount of disbelief that has built up in buyers' minds, thanks to all the promises that have been made to them - and broken. Everyone promised higher productivity, increased efficiency, and plug-and-play. HA.
What everyone delivered was installation headaches, integration nightmares, missing-in-action service, and navigation that required that you know the program intimately before you could do anything useful with it.
Today, software buyers and users consider each purchase an investment - of time and grief, as well as the money.
By Kristin Zhivago on Jun 13, 2008
When I got an advance copy of the about-to-be-released book, Tuned In, and started reading it, my head swam. The authors, whom I've known for a long time, were singing my theme song so perfectly that I felt like I was in a parallel universe.
Their basic premise? That the companies that make it - the ones that rise above all others - have one thing in common. They're "tuned in." They came to this conclusion after actually doing research - which is a good thing, all by itself. After interviewing hundreds of CEOs and people at thousands of companies, they were sure that the difference between the Starbucks and the Peets of the world was how "tuned in" they were.
By Kristin Zhivago on Mar 21, 2008
You manage others. What do they depend on you for - more than anything else?
The truth.
You sell a product or a service. What do your customers depend on you for, more than anything else?
Yep. The truth.
Nothing is more valued in the business world, nothing matters as much, as the truth.
Employees eat it up when it's given to them, and, when it isn't, conspire amongst themselves to find out what it is.
Customers demand it, and stomp out (warning others to stay away), if they don't get it.
By Kristin Zhivago on Feb 29, 2008
There's a joke - you've probably heard one of the many versions of it - that I think of as the "demo" joke. My favorite version is the one starring Bill Gates:
Bill Gates died and found himself standing in front of St. Peter, who was sizing him up.
"Well, Bill, I'm not sure whether to send you to Heaven or Hell. After all, you helped society enormously by putting a computer in almost every home in America, and you gave away a lot of money. But, you also created that evil Windows program. It's a close call, so I'm going to do something I've never done before: I'm going to let you decide where you want to go."
Bill replied, "What's the difference between the two?"
St. Peter said, "Well, I'm willing to let you visit both places briefly, then you will have to decide."
"Fine, but where do you think I should I go first?"
"I leave that up to you."
"Okay, what the Hell," said Bill. "Let's try down below first."
By Kristin Zhivago on Jan 18, 2008
I really enjoy making sales departments more productive. It's one of the most rewarding aspects of what I do, because there's always so much to improve, and because even a few changes can make a huge difference in a company's revenues. As we slip further into group-recession-think, it's time to look at what an economic slowdown really means and what you can do to make sure your business continues to grow - in spite of the persistent recession drumbeat. There are a number of things you can do to improve your sales levels in this economic environment.
1) Ignore the recession drumbeat. It's easy to be spooked by the latest news on the economy. Even if you are in an industry that is directly affected by a slowdown, being distracted from your normal revenue-producing tasks - and lowering your sights - will only make matters worse. Make a personal, definite decision that your business will be an exception to the overall trend.
It is possible to be going "up" when everyone else is going "down" - I've done it myself several times in my career, so I speak from personal experience. Your two biggest enemies are always distraction and fear.
By Kristin Zhivago on Dec 14, 2007
John Smith is a typical customer in the market for a fairly high-end product, one that requires a salesperson to finalize the deal. He has done his research on the web - he's spent hours, in fact, researching. Now he has a couple of questions for the salesperson to answer. Otherwise, he is ready to buy. He decides that the best way to get the answers he needs is to go to an industry tradeshow.
I've been interviewing "John Smiths" for a client, and one of them described what happened next, using these words:
"I had to defend my wallet and my family against The Pitch."
He was there with his wife, and as he was trying to get answers to his questions, the salesperson kept trying to close the sale.
From the customer's perspective, this is irritating. Sleazy. Totally inappropriate. You're just asking someone questions, and the whole time, they keep trying to sneak around to the side of you and grab your wallet out of your back pocket.
By Kristin Zhivago on Dec 7, 2007
Lately I've encountered more entrepreneurs who have bought into the idea that they can just set up their search engine marketing and websites, and the orders will pour in. Oh, how nice it would be if it were true!
There are consultants who will say that it is possible, and say that they have made bundles of money doing it. But they sell one type of product (usually a guide of some sort), using one type of marketing method (usually a combination of search engine marketing, and a dedicated website that makes outrageous promises as it offers the guide for sale on the website). The website contains a single long-winded, direct-mail-like page that sells you on all the things that the guide will do for you, filled with convincing testimonials and "scientific" proof. And they let you pay and download the guide right there. This is a perfect product for the Web, and the method works well for that type of product.
These vendors often sell guides saying you can sell anything on the Web this way. Newbies have bought these guides and have become convinced that this method will work for any type of product - that all they have to do is set up this type of campaign and website, and then sit back and watch the orders flow in. It simply isn't true.
By Kristin Zhivago on Nov 9, 2007
Those who follow through make more money than those who don't. This is one of those absolute business truths. It comes into play in two situations: daily interactions and long-term, transformational projects.
Daily interactions
I recently worked on a project with a team. One person on that team didn't bother to go the extra mile. She didn't double-check. She didn't think for a second before answering a question. She acted as if she was thorough, but in fact she was not.
Everyone else on the team always went the last mile. They double-checked before considering something final - even a simple email. They were thoughtful, and deliberate. Very few mistakes were made, and the few that were made were minor and quickly corrected.
By Kristin Zhivago on Nov 2, 2007
There are two types of situations where, in your business life, you are faced with a decision that tests your integrity: the big decision situation, and the little decision situation. We'll look at these one at a time, but before we do, let's look at the root of integrity: our conscience.
Now, there are a lot of people who say that there is no "right" and no "wrong." But I believe that most of us - with rare, pathological exceptions - have a conscience. That conscience is that little ping we get when we are faced with a decision. We intuitively know what the right thing is, and what the wrong thing is. What we decide to do after we get that internal message is the true test of our character.
What does this have to do with revenue? Everything.
By Kristin Zhivago on Sep 21, 2007
There are two kinds of salespeople in the world. One knows that the customer is just trying to get some questions answered, and does what he can to answer those questions. The other sees the customer's questions as "objections" to be overcome - obstacles to his making the sale and getting a commission.
In other words, in the first case, the customer is right - right to be making sure the product will meet his needs. Right to ask questions. Rightfully entitled to getting honest answers to those questions until he has enough information to make a good decision.
In the second case, the salesperson behaves as if the customer is just plain wrong. During the conversation with the customer he is, by turns, evasive, dismissive, and downright rude as he spits out answers. He is combative during the question-asking process. He interrupts the customer, argues with the customer, and treats the customer like an idiot.
A recent experience with such a salesperson convinced me that these salespeople end up in sales because they love to argue but they're not smart enough (or industrious enough) to get through law school. They are wanna-be lawyers.
By Kristin Zhivago on Aug 24, 2007
The phone rings. I answer it, the way I always answer it: "This is Kristin Zhivago. Can I help you?"
There is a bit of silence, then suddenly the line is alive with the sounds of a busy telemarketing boiler room. Many voices can be heard in the background, pleading, sympathizing, pushing, lying. I know exactly what is going to happen next, but because I am a professional revenue coach, dedicated to improving how people sell their products and services, I stay on the line. The person on the other end has a very thick Indian accent. So we know who is calling and where they're calling from.
"Hello, I'd like to speak to...um...Mrs. Cheerago."
Sigh. "This is Kristin Zhivago," I say agai
By Kristin Zhivago on Aug 17, 2007
Fear is a powerful motivator. Entrepreneurs use fear to motivate themselves; CEOs often use fear to motivate themselves and their employees. After a while, it's easy to consider fear as a valuable tool, a friend. Too bad it isn't true.
By Kristin Zhivago on Aug 10, 2007
Every business starts with a dream. Every buyer starts the buying process with a dream.
Every business can turn into a nightmare. And, every buying process - especially those involving large, expensive, important purchases - can turn into a nightmare.
These dreams - and fears of nightmares - drive the decisions and actions of both business owners and buyers.
We've all seen this at work in extreme cases, where an individual will let their own fantasy world overwhelm reality to the point where they lose their job or their business, and the people who supported them along the way.
But these situations are rare. The more usual, day-to-day situation is one where the seller and buyer are trying to find common ground, to negotiate a realistic solution where everyone can be happy.
By Kristin Zhivago on Jun 22, 2007
Last week we discussed two of the traits of the perfect sales manager: loyalty (first to the customer, then the company, then the sales force), and consistency. This week we will look at the remaining key characteristics. The perfect sales manager is also empathetic and process-oriented.
Note that I said empathetic, not sympathetic. When you empathize with someone, you listen carefully and understand their problem, but you retain your ability to make decisions that are not driven by their emotions.
By Kristin Zhivago on Jun 15, 2007
The perfect sales manager is rare. One person seldom has all of the right traits, and seldom behaves consistently in the most effective manner. My goal here is to describe the ideal. If you are recruiting, you'll want to get as close to this ideal as you can, then work with the individual to improve their deficiencies. If you are still managing your own sales force yourself, you will be well-served if you develop and exercise these characteristics.
Before we get into the details, we should note that most salespeople make terrible managers, unless they are so mature that they have overcome their tendencies toward attention-deficit disorder and shifting loyalties. Most salespeople skim through life, from one conversation to the next, and have no patience for the deep thinking that is required of a perfect sales manager.
The most common mistake made by company owners and managers is to promote a salesperson to management - and expect them to shine.
By Kristin Zhivago on Apr 13, 2007
We had a lot of reasons for moving from Silicon Valley to the New England coast, about ten years ago. None of them had anything to do with the weather, though we liked the idea of having "seasons." We also wanted to live on the water for less than, say, seven million dollars. We had many family members here, and both of us were born here - although we also both moved to California when we were young. Many of our clients were on the East Coast. And it looked like it would be a great place to sail.
This background sets the stage for my little salesman's story - a perfect example of selling the wrong way, using the "tell, tell, tell" method instead of the "ask then tell" method.
In the course of our search for a house in New England, one April day we were being driven around some waterfront neighborhoods in Connecticut. The real estate broker was a typical congenial salesperson, a large man who had obviously enjoyed his share of drink, food, and smoke. He was chatting away as he drove us around. We didn't say much, because he was doing all the talking.
By Kristin Zhivago on Feb 23, 2007
Marketing is a force. Like any other force, it can be used for good or ill. There are many people who say that marketing itself is evil. Not so.
Marketing is only evil when the power of marketing is used to misrepresent or hide the truth.
I supposed I could stop here, because that really is the essence of it. But I'll go a little further to and provide an example.
Guy Kawasaki author of The Art of the Start