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6 A S S U M P T IO N S A L L S E L L E R S M U S T
NOW Q UE S T ION
By: John Golden
“ I T A I N ’ T W H AT Y O U D O N ’ T K N O W T H AT
G E T S Y O U I N T O T R O U B L E . I T ’ S W H AT YO U K N O W
F O R S U R E T H AT J U S T A I N ’ T S O.”
When a market goes through the kind of convulsions Successful businesses constantly revisit every aspect of
that the global market has, you rightly worry about the way they do business to ensure that they are in
all of the uncertainty. Will there be budget to buy my step with the ever-changing dynamics of the market.
products and services? How many of my customers As Jack Welch once said “Face reality as it is, not as
will still be in business? Is what I am selling seen as it was or as you wish it to be.” Now is the time for
discretionary in this market? you to adopt the same discipline. There are 6 distinct
assumptions you must question to ensure that you
All good questions that you should spend much time face reality as it is and position yourself for success in
trying to address. But how many other questions a tough market.
should you be asking yourself but aren’t because you
are making assumptions based on history or perceived
strength of customer relationships. The past is no “Face reality as it is, not as it was or
longer prologue. We are in a whole new world where as you wish it to be.”
you need to revisit and revalidate all of the things you
believe to be true.
A S S U M P T IO N #1
On January 26, 2009—Bloody Monday— more than
71,000 jobs were lost in the United States. Through “I know how to sell; I have been a top-
no fault of their sales organizations, many Fortune performing salesperson for many years!”
500 companies have been forced to participate in the
carnage. The economy is wreaking havoc on even the Ok, so you have exceeded quota every year for the
most stalwart companies. According to the CEO of past five years. In fact, you have sold for a number
a venerable manufacturing firm, “The job reduction of different companies in different market segments
is a step we have to make in order to meet our goals, and each time you have come in, learned the products
remain competitive, and adapt to the uncertainties and services and blown your numbers out. Let’s face
in the marketplace. We’re facing fierce competition. it, you consider yourself a top performing salesperson
We’re not in this industry alone. Our competition is and you have the track record to prove it.
not standing still, and neither can we.”
The key to it all is the persuasion piece, and like the 100% sure they have a compelling business case to
selling process as a whole it must provide real, buyer- justify the spend. This means you might find them
focused value. In an age of massive availability of to be a much more demanding and hesitant customer
information, value is no longer found in your product than previously. So if you haven’t established that
or service—all of the information about which is on the approval process has changed you run the risk
your website. Rather it is found in your knowledge of trying to sell to the VP in the same way as you
and expertise as a seller. To bring value to a customer traditionally have without addressing his or her need
now you must uncover an unrecognized problem; for such things as more explicit detailing of results
offer an unanticipated solution; share an unseen and cost/benefit analysis.
opportunity; or act as a broker of capabilities. Offer
any of these and your prospect will leap to your side. Furthermore, the drivers for purchasing your
Send anything that smells like a brochure and he will products or services may no longer be as important
dismiss you outright. to the customer as they were previously so you need
to go and realign what you have sold them to the
current drivers in their business. If you don’t you run
the risk of them abandoning your product or service
A S S U M P T IO N # 3 because they no longer see it as critical is this market
“At least I can rely on my current book of environment.
business!”
As I mentioned earlier, past is no longer prologue “Assume nothing!”
and therefore you need to resist the temptation
to make assumptions about your current book of
business. Your existing customers may have been very
predictable in their buying patterns, you may even A S S U M P T IO N # 4
have mapped out multi-year engagements, and as you
stare at a tough year ahead you want to believe that “I know my customers, prospects and
these pieces of business are solid. If you take one thing suspects pretty well!”
away from this paper it should be: “assume nothing!”
Let’s face it, during the good times the amount of
Systematically go through your current client list research you had to do about your target list was
and question every aspect of it. For example, is your pretty manageable. You used an online resource
decision maker still the ultimate decision maker? which gave you a lot of standard information; you
Does the line VP now need to have everything signed reviewed their website and read their annual reports
off and approved by the CFO or CEO or even both? and filings. So you were able to do your situational
If that is the case you are no longer just selling to the research and engage with the prospect intelligently
VP; you need to equip him to sell to the CEO and and knowledgeably. Even with your existing
CFO. That adds some complexity to your strategy customers you relied a lot on your contacts to give
and also means you need to consider that the VP is you updates on their business. It was all pretty neat
acutely aware of his or her need to not put themselves and tidy and relatively straightforward. Fast forward
out there in front of the CEO/CFO unless they are to today, now with changes to the market landscape
happening at warp speed you can’t be sure how good
or up-to-date your information is. Even your prized or productivity before as the core advantages of the
contacts at your customers/prospects may be unable product/service whereas now messaging around cost
or unwilling to keep you apprised of changes that are savings and the ability to do more in a resource-
coming. constrained environment may resonate. Don’t assume
they have already done this.
So what can you do to overcome this? Well, now is
the time to learn how to really research and pull all Go and question them on what analysis they are doing
the different threads of information together to help on the market and customer buying patterns. Find
understand what is happening to your target accounts. out what overt or nuanced changes they are making
For example, track what is being said on the business to their messaging and integrate that into your talk
news channels, check those channels websites and do tracks. Find out if there are particular benefits of
keyword searches on the companies you are interested your products or services that they are seeing as more
in and then look at the articles and video clips where relevant to your target customers today.
experts are discussing them or their market segment.
Scour the financial and business newspapers, again Now more than ever it is critical that sales and
looking for external expert commentary on the market marketing are aligned and that the information
segment or the company itself and start pulling a flow between the two is constant and of high value.
profile together. This will help you avoid the surprise The last thing you can afford is your marketing
of a sudden takeover or merger or worse, the closing messages to look out of sync with the realities of your
of the division you were focused on. customers; it makes you look out of sync with reality
and undermines your offering.
Set up online news alerts for your target companies so
that anything that comes across the wires pertaining
to them instantly hits your inbox. In this environment
there is no such thing as too much information and
A S S U M P T IO N # 6
being able to deploy your time effectively is key. For “I have a talk track that works!”
instance, if all the news is pointing to one of your
prospects being bought and possibly downsized, you Have you simplified your own messages to make sure
may want to focus elsewhere until it shakes out. This that they are tailored to people with exceptionally busy
allows you to be strategic by being informed. schedules who are struggling with fewer resources
and who are distracted by the shifting sands of the
macroeconomic environment and their own internal
business issues?
A S S U M P T IO N # 5
The reality is that they no longer have the time to
“I am sure our marketing department has
have pictures painted for them in the sky— they need
adapted its messaging for this market!” something tangible, easily deployed that will deliver
Have you engaged with your own Marketing results quickly. You need to show how you can deliver
department to understand what work they are doing fast return and demonstrate why spending money
to realign your products and services to the new with you is critical at a time when they are trying not
market realities? They may have focused on efficiency to spend money with anyone.
6 A S S UM P T IO N S A L L S E L L E R S M U S T
NOW Q UE S T ION
❑ 1. Have I really been “selling” and do I have a methodology that works and that I practice?
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