Published Work
The Only Real Secret Sauce is Paying Customers
This is not the
1990s. It's no longer easier to get capital from investors than revenue
from customers.
Unfortunately, we may have
forgotten how to find revenue for our businesses. In 2003, all business
people will have to actually go out and sell things to prospective
customers. In case you haven't noticed, the phones stopped ringing
at the end of 2000.
Look no further for your business magic.
Customers and the revenue
they produce are the only real secret sauce. If you have paying customers,
you have the business world by the string. Revenue gives your business
choices. If I were creating a "Ten Commandments" of business,
the first one would be "go forth and sell."
Adam Hecktman at Microsoft
in Chicago believes that the word "selling" has a negative connotation.
He added: "It has been so dysfunctional in the past that the
term just doesn't do justice to the right way to establish business
relationships in this environment."
He defines selling as "helping
customers achieve their business objectives. It's not just for reps
and account managers any more. In my own organization, which is a
mixture of technical and business development folks, everyone is focused
on vision alignment with their customers. The days of this being relegated
to "sales staff" is a thing of the past."
In a small business, one thing can be counted on: everyone needs to sell. Only sales will build your business. Nothing else. Forget all the fancy marketing positioning of your company or the design of great logos and stationary. Think of your business as you in a lifeboat and the economy as a rough sea. Your only choice is for everyone to row in the same direction.
Jackie Huba, co-author
of "Creating Customer Evangelists," goes further.
"Everyone in a business
is really in sales and marketing whether they are in these departments
or not," she said. "Anyone in the company who has direct
contact with customers and prospects has a chance of influencing the
buying decision of prospects.
"The receptionist,
the accounting manager and the technical support person all have the
ability to develop a rapport with future customers. [Managers] should
counsel all employees that their ultimate goal is to develop relationships
with customers [rather than] just sitting in a cubicle "doing
their job"."
Bruce Freud at Chicago-based
LiquidGeneration
said: "All our employees interact with clients. Our creative
team currently does its own account management because they are intimately
involved with the brand management."
If we forgot how to sell in the 1990s, how do we regain this skill and learn again what we forgot?
First, we need to remember
what Chuck Gitles of National
City Bank tells us. He agrees with Huba and believes that a business
needs "to look at every point a customer touches an employee.
The employee needs to be ready to sell the business at every such
opportunity. In banking, touch points go much further than the account
officer.
"Included are secretaries,
documentation officers, tellers, customer service reps and so on.
Each person in the chain has to make the most of each contact and
enhance the brand. Our product is the same as the next bank: green
money. We differentiate ourselves in creativity and customer service.
The people who provide the customer service must sell that message
at each and every opportunity."
Secondly, we need to simply
go out there and sell. You can try to take a selling class if it helps
you learn these skills, but keep your expectations low since it's
typically not easy to apply techniques that you have learned in a
"live" situation.
With the help of a partner
or mentor, find a new prospect and go along on the sales call. Listen
and learn until it's your turn next time. When you fail, ask the prospect
why he or she didn't buy your product and move on to the next one.
The best door-to-door salesmen of the last century used this tried and true method of improving their sales skills. When one door closed in their faces, they went next door and knocked on the next one. It certainly gives you the practice you need.
Selling is a scary process.
I know. I have sat many times in a room by myself staring at the phone
hoping it would make the cold calls by itself. We often think that
a "no" from a customer reflects who we are. Many times we
think it's a rejection of us. It's not. It's a reflection only that
this particular prospect doesn't need your particular product now.
It doesn't mean that he
or she won't need it in the future. It doesn't mean that the person
doesn't like or respect you or think your product stinks. If you get
a no, decide if it makes sense to keep in touch with the prospect
for a future sale. If not, forget the person and move on to someone
else who may want to do business with you.
Finally, we need to ensure that each team member is contributing to the bottom line of the company on a daily basis.
Every employee should ask
himself or herself this question every day: "Did I make money
for the company today?" In any entrepreneurial venture, there
is simply no room to put people in the "overhead" category.
You are unable to have anyone on the team who isn't vital to obtaining
or retaining customers.
Huba is emphatic when she states this old
adage: "People like to buy from people they like. People are
loyal to people. When all employees are evangelists for their own
company, customers are more likely to buy." |