THE Sales Japan Series By Dale Carnegie Training Tokyo Japan podcast

#MBA #Business #Japan #Greg Story #Dale Carnegie Japan #Carnegie #Dalecarnegie #Drgregstory #Howtosell #Sales #Salesskills #Salestraining

17:27

Why do so many of us get nervous when public speaking? Communication expert Lawrence Bernstein says the key to dealing with the pressure is as simple as having a casual chat. He introduces the "coffee shop test" as a way to help you overcome nerves, connect with your audience and deliver a message that truly resonates. After the talk, Modupe explains a similar approach in academia called the "Grandma test," and how public speaking can be as simple as a conversation with grandma. Want to help shape TED’s shows going forward? Fill out our survey ! Become a TED Member today at ted.com/join Hosted on Acast. See acast.com/privacy for more information.…

THE Sales Japan Series by Dale Carnegie Training Tokyo Japan

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THE Sales Japan Series is powered by with great content from the accumulated wisdom of 100 plus years of Dale Carnegie Training. The show is hosted in Tokyo by Dr. Greg Story, President of Dale Carnegie Training Japan and is for those highly motivated students of sales, who want to be the best in their business field.

446 епізодів

THE Sales Japan Series by Dale Carnegie Training Tokyo Japan

updated 2 дні тому

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446 епізодів

#MBA #Business #Japan #Greg Story #Dale Carnegie Japan #Carnegie #Dalecarnegie #Drgregstory #Howtosell #Sales #Salesskills #Salestraining

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1
Create Reference Points For Clients 12:30

2 дні тому12:30

12:30

There is no doubt that the pandemic has made it very fraught to find new clients in Japan. The new variants of the virus are much more contagious and have already overwhelmed the hospital infrastructure in Osaka, in just weeks of the numbers taking off. Vaccines are slow to roll out and so extension after extension of lockdowns and basic fear on both sides, makes popping around for chat with the client unlikely. We forget how much we give up in terms of reading and expressing nuanced ideas through not having access to body language. Yes, we can see each other on screen, but it just isn’t the same. In this situation, which looks to be scheduled to last until early 2022, we have to work on new skills. We know about storytelling, word pictures and refined word selection for better communication. Knowing about it and doing it though, are ridiculously different. I know, because we teach this stuff. I can explain the formulas and the methodologies and the class participants get it, but doing it is often a struggle. Obviously practice with strong coaching is the cure. We will be beginning our conversation with a client online and this could be a new client or more likely, a new person down at the client’s company, as every April the wheel of fortune is spun and the HR department nominates who goes where. The explanation of who we are and what we do and why you should deal with me (and by extension my firm) is a critical juncture. Jumping straight into the product catalogue tour is dumb. This made little sense when we were sitting knee to knee, but makes absolutely no sense when we are screens apart. Instead, we need to get their permission to ask cogent questions, which will ultimately unveil needs. There is a simple formula for doing this, so there is no excuse why every salesperson should not be doing this. Firstly we need to explain who we are and what we do. This is a great opportunity to build your firm’s credibility with the client. We shouldn’t forget to weave our history into the narrative and make it personal. This is not a history lesson on the company but a base on which to build trust and we have to make sure we are represented in this part of the storytelling. For example, “We are global soft skills training experts and Dale Carnegie launched the company in New York in 1912. The fact that ninety percent of the Fortune 500 companies use us, shows that the most discerning firms recognise the value we bring. We have stood the harsh test of time globally and in Japan too, since we established operations here in 1963. We are way beyond all of that ‘it is American so it won’t work in Japan’ stuff, as we have localised the content and 80% of our delivery in in Japanese. I have been with the firm for the last eleven years and have seen the impact our training has across all industries”. In this forty second burst we have packed the content to the gunnels with credibility statements and emotive words. This initial reference point tells the buyer we are a safe option. “Nobody got fired for choosing Dale Carnegie Training” type of idea. Next, we tell a story about a client. They had a certain issue, preferably one we think might be shared by this client and we explain the solution applied and the result achieved in a very micro and brief manner. We emphasise the pain this problem was causing for a particular decisionmaker inside the company, someone in a similar position or role to our interlocutor. We briefly explain what we did and then we dwell on the perceived value of the solution formed from the client’s point of view. We should bring back pieces of their dialogue with us, to fully express their happiness that the problem was fixed, so that the buyer we are in front of on screen, will have confidence in our suggestions. This is a reference point for the client that we can help them. Finally, we say, “Maybe we could do the same for you. I am not sure, but in order to find out, may I ask a few questions”. And then we say nothing. Wait until they speak – don’t add, or clarify, just sit there in total silence until they give an answer. Once we have their permission, then we can dig in and see if we have a solution for their problem. This is a reference point that says the buyer is now willing to share a lot of confidential information with us. If we don’t get a match between what we do and what they need, then no slamming of the square peg into the round hole – we get off that call and we hold another potential business discussion with another buyer. The pandemic has made the whole art and science of selling more complex, but there are some fundamental basics we have to get right or nothing will go our way. Business is hard to find at the moment, but never find bad business – the money won’t be worth the trouble and you only tarnish your personal and professional brands. There are plenty of clients who have problems we can help them with, so we need to be concentrating our efforts right there.…

1
Do You Have Enough Grey Hairs In The Sales Team? 10:25

9 днів тому10:25

10:25

Japan is a very hierarchical society. I am getting older, so I appreciate the respect for age and stage we can enjoy here. Back in my native Australia, older people are thought of having little of value to say or contribute. It is a youth culture Downunder and only the young have worth. “You old so and so, you don’t know anything” is reflective of the mood and thinking. As a training company in Japan, we have to be mindful of who we put in front of a class and in front of clients. If the participants are mainly male and older, then it is difficult to have a young female trainer or salesperson allocated to that company. That young woman is going to be talented and effective as a trainer because our trainer development system is so demanding. She is also going to be highly skilled in sales, because we teach sales. It doesn’t matter. The HR people or the line manager complains, because the class members don’t feel young people have anything to teach them or are qualified to sell them anything. I was reminded of this recently when trying to allocate trainers and salespeople for certain companies. We have a lot of internal trainers and salespeople who are under 35 and a few who are over 45 and so there is an imbalance. One of my senior guys has suddenly quit. He was performing both functions, so it is a double loss. As our older team members age, they have seen their kids leave the home and then have their aged parents to worry about. The life of a small business owner is always like this. There is never an equilibrium or a period of extended stability with staffing. Just when you think you have it working like a smoothly oiled machine, in goes a wrench and the whole thing comes to a shuddering halt. The transfer of responsibilities for clients between staff is not that easy. It goes both directions too. We have staff who build strong personal relationships with counterparties and then their interlocutor is moved to another function and a replacement appears. Often, this can mean the end of the relationship with that firm, as the new broom have their preferred suppliers and you are not one of them. You also imagine that within the client big firms there is a seamless transfer between their staff for that part of the business. Not so. I was dealing with a big multi-national and to my amazement the new person had absolutely no knowledge of what we had been doing for them in terms of training. Obviously there was no hand over of the tasks and things have been going less smoothly as a result. Normally in Japan, we try to recruit younger people, however we have to also be flexible and look to hire older staff, the venerable grey hairs who can gain the respect of the clients. Trying to maintain the right balance between the generations is not that easy. Also, anytime we have to replace someone as a salesperson, then we can draw a big red line diagonally across each month of the calendar for the next 18 months. They will not be particularly productive for that period of time. Learning the business, really understanding the products and our methodology takes a lot of time. They also have to build their own client base and that doesn’t happen in a hurry. It takes about the same period of time to see someone make their way through the Dale Carnegie labyrinth of trainer certification. It is an arduous, challenging process and not everyone is suited to become a trainer. The skills for selling and training have similarities but there is also that X Factor of personality needed to become accepted by clients. The infamous and elusive Plan B needs to be dusted off and then we can move into action. The problem is we don’t spend any time thinking about negative circumstances that require a Plan B. Also, the mix of possibilities across the range of staff is so complex, how can you effectively anticipate what happens next. Nevertheless, I quickly realised I need multiple Plan Bs ready to go, in case of changes in the team complexion. I usually spend a minus amount of time thinking about those myriad possibilities, because I am too busy doing other things in the business. I will need to do better in this regard and have an update process scheduled throughout the year, rather than leaving it to surprise announcements of staff departure, to stir me to action. How about your case? How are your multiple Plan B development scenarios going?…

1
The Big Myth Of The Sales A Player 11:30

16 днів тому11:30

11:30

When we read commentary about how we should be recruiting A Players to boost our firm’s performance, this is a mirage for most of us running smaller sized companies. If you are the size of a Google or a Facebook, with massively deep pockets, then having A Players everywhere is no issue. The reality is A Players cost a bomb and so most of us can’t afford that type of talent luxury. Instead we have to cut our cloth to suit our budgets. We hire C Players and then we try to turn them into B Players. Why not turn these B Players into A players? This is a contradiction isn’t it, because we always striving and thrusting for the best possible results. If we invest and take a B Player to A Player status, there is a very strong likelihood someone else will admire our handiwork and poach them from us. We have all heard that truism about “what if I develop my people and they leave”, countered with “what if we don’t invest in them and they stay?’. This is correct up to the point of your cash flow reserves. We are not talking about having useless people staying on, sucking up our cash resources. B Players are very capable and are worth investing in to become even more capable. The additional investment to turn them into A players though, if they have that capability in the first place, may be a case of over investment. Having large portions of your revenue centered around a very small number of clients is recognized as a very dangerous position to be in. In the same way, having one or two people accounting for a disproportionate amount of firm income or expertise is also dangerous. When the top performers leave it can be very disruptive. Most bosses do not sufficiently explain their departure to the remaining staff. In this vacuum, the other members of the team worry about what the A Players know that they don’t. Is the firm going down and are those most capable of getting another job jumping ship? Will an exodus of A Players introduce fragility into the business? The loss of the contribution of A Players is bad enough, but their departure can be interpreted by staff in ways bosses would never imagine. That is why no matter who leaves, leaders always need to carefully reassure everyone else, that the firm is fine and this was a personal choice by one individual. Don’t allow rumours, imaginings and guesswork to creep into the equation. We need to own the narrative every time. I have a very carefully designed spreadsheet which allows me to track my sales team’s performance. It includes all of their costs and related costs, to give me a clear picture of what each sales person’s contribution to the company actually is. This allows me to see the amount of leverage they represent. I want to know what is the multiple of their revenue return against their total cost. The bigger that multiple the better, up to a point. If the multiple is fantastic, but the overall income volume generated is too low, then we can go broke in short order. So there has to be a balance between raw volume of funds coming in and the effectiveness of return on their efforts. This is where B Players can excel. They produce multiples which work for the business and generate a positive profit result. The A Players can have bigger numbers, but their multiples may not be that outstanding. They also point to their big numbers and say rude things like “I want more money”. That pay rise to keep them will hammer the attractiveness of their multiple pretty quickly. A Players are like an oasis in the desert. The vision through the heat haze can lure small business owners to invest, when that may not be the best idea. It can be better, over time, to build the ranks of the B players from the within the ranks of the C Players. This is the classis bootstrap approach to building companies. We all do it at the beginning don’t we, but then with some success comes hubris and we start to imagine we can extrapolate our genius. Before you know it, the multiples have swung in the wrong direction. For this reason, it is wise to track the multiples down to the last cent and determine to keep on tracking. When you are small, love your B Players and hold them close. Invest in them, but don’t over invest. Where is that elusive line of demarcation? Experience watching newly minted A Players, who were once your B Players, heading for the exits and more money, helps to establish it in your mind. Monitoring the multiple components will create an algorithm indicating how much is enough and how much is too much. We won’t always get it right, but we can get pretty close if we pay careful attention to the issue. Remember this is art, but with big servings of science tossed into the mix.…

1
Dealing With Bad News 10:37

23 дні тому10:37

10:37

If we try to hide the bad news for the buyer will that work? How long with it work for? Bernie Madoff died in prison, his wife left in a perilous state, one son dead from suicide and the other from cancer. I call that family devastation. He got away with his lies and cheating for quite a while. He offered modest, but steady returns. He told people he had no capacity to take their money, then rang them back at a later stage to say there was an opening. They were grateful for the chance to give him their money. The 2008 recession showed who was “skinny dipping” in the markets, as Warren Buffet termed it and Bernie could no longer sustain the fraud. If we are loose with the facts and the truth with our buyers, how will that go toward fostering the re-order culture we want to create? The usual ploy is to downplay the costs by offering the best case example and not offering the most realistic case. I was reminded of this the other day, while watching a video from the President of this particular organisation. He wanted more money, a lot more money for this project. Let’s park the fact he was a hopeless advocate for his case, bumbling his way through his pitch. The examples he offered were very carefully culled to make the pain look miniscule. The obvious problem with that though was the vast majority of the stakeholders did not fit into that minimum damage category. He was trying to avoid the pain, but that came across as dodgy and duplicitous. We have to reach for our financial calculators and work out the damage for ourselves and we are left to our own conclusions. It would have been much better to meet the elephant in the room head on and explain why the bigger number was a good decision. That way the seller controls the narrative, not the buyer. Call out the number, then justify the living daylights out of it. Talk about the long term benefits and the opportunity costs if we take no action now. Pile on the value of the proposition in the context of the number. Trying to talk about the value proposition unrelated to the number doesn't fly. We need to connect them together as we explain the value. We unveil the ugly number but wrap the pain up in the value to come, to the glorious future, to the sunny uplands, the better days hereafter. Context is everything here. Our hero didn't do that and I believe he missed a great opportunity to get people to back his proposal. When we are selling there is a number attached to the service or good. Actual tangible objects are easier to understand from a pricing point of view. Services though are nebulous. I was selling some training to a major corporation and the people I was dealing with were HR folk located outside Japan. If you live here, you understand the cost of living and all the relativities which apply around pricing. If you are in Hong Kong or Singapore you don’t. Living in these low tax, low cost environments makes Japan’s numbers look stratospheric. They told me our pricing was much higher than this Hong Kong located from who delivered for them in English speaking countries in Asia. I asked them why they didn’t use them for Japan. Of course, they didn't know Japan, had no capacity to deliver here in cultural and linguistic contexts, so that is why they were talking to me. Yet the expectation was my pricing would fit in with this other vendor, based in Hong Kong. Who were these people? I checked them out and they are nobodies. They are not global, they don’t have 109 years of credibility or 60 years on the ground in Japan. In the end, I had to do a demonstration of what we would deliver. It blew them away because the value proposition was so much greater than the other firm. Now the cost, the higher price, the bigger ask, that larger number made sense. I didn't fold on the price for two simple reasons. I know our value and I know what companies here will pay for the value we generate. Yes, it is Covid and yes it is perilous for training companies at the moment, but you have to believe in your value based pricing and you have to be prepared to fire the client. Don’t run away from the hard conversations. Instead find ways to demonstrate and show your value. Keep honing your persuasion skills to sustain the narrative about why they should buy from you and buy from you now and keep buying from you.…

1
Dealing With Bad News 10:37

23 дні тому10:37

10:37

1
Why Selling To Japanese Buyers Is So Hard And What To Do About It 11:55

4 weeks тому11:55

11:55

The buyer is King. This is a very common concept in modern Western economies. We construct our service approach around this idea and try to keep elevating our engagement with royalty. After living in Japan for 36 years and selling to a broad range of industries, I have found in Japan, the buyer is not King. In Nippon the buyer is God. This difference unleashes a whole raft of difficulties and problems. My perspective is based on an amalgam of experiences over many decades and I am generalising of course. Not every buyer in Japan is the same, but those foreigners who know Japan will be nodding their heads in agreement. The most intelligent sales approach the West has come up with is “consultative sales”. This basic term gets bandied about, in different ways and at different times, but the fundamental concept is to uncover the buyer’s needs through asking insightful questions and then determine if you can satisfy that need or not. By definition, if you use this methodology, you are intelligent. If you were going to sell to buyers from the world’s third largest economy, where 50% of young people are University educated and is known for its advanced technology, then intelligent consultative selling is bound to be your “go to” model. You will fail because GOD doesn’t approve of your funky Western ways. Pitch Momentum Predominates In Japan In Japan, GOD expects a pitchfest. GOD does not brook questions from low life salespeople. Instead give your pitch, put it up, so that the buyer can slam closed the two barrels on the shotgun and then blast your pitch to pieces. Japan is a very conservative business climate where failure is not accepted and mistakes are not allowed. The Western CFO sharpening the pencil and working out that a 5% defect rate is the most profitable construct, will get a big bonus and a promotion. Going to a zero defect rate is deemed too expensive and unnecessary. GOD doesn’t accept any defects or mistakes in Japan and to achieve that the science of risk aversion has been taken to the ultimate heights of human possibility. The Japanese buyer wants to hear your pitch, then viciously attack it to satisfy themselves that they are eliminating any possibility of future problems from this supplier. I was working with a company exporting bark to Japan as part of the gardening boom. It had to be clean - no pebbles, sand or twigs, just pure bark. The foreign supplier breezily rang to tell me the shipment had missed the boat, but “no problems, it will be on the next one”. GOD was apoplectic. Storage costs in Japan are expensive, so the “just in time” idea of holding little in the way of stock and delivering at the right moment, is well accepted. Our buyer had just burned all of his buyers down the food chain, because the foreign supplier had missed the boat. The Japanese buyer’s trust, built up over many years with his client base, had been broken. In Japan that trust is almost impossible to rebuild. You Need A GOD Approving Credibility Statement Pitching is a daft idea. How on earth do you know what to pitch? Imagine your favourite colour was blue and I turn up to sell you my awesome range of pink. I am warbling away like a morning lark about the wonder of my pink and you haven’t the slightest interest, because you want blue. If I had asked you a question about your colour preferences, then knowing you wanted blue, I would have only spoken about our range in blue. This is pretty simple. So, why don’t Japanese salespeople ask GOD some questions about what is needed? Well GOD is a deity too high for that type of inappropriate familiarity and base rudeness. Consequently, everyone is pitching into the void. The cunning antidote to this GOD induced pitch problem is to have a well crafted credibility statement. For example, “We are experts in soft skills training for adult learners. We recently helped a client’s Tokyo leadership team raise their Japanese staff engagement scores by 30% and their New York headquarters was very happy to see that rapid improvement. Maybe we could do the same thing for you. I have no idea if that is possible or not, but if you would allow me to ask a few questions, I will soon know if it is a viable option or not”. Switch From The Pitch To Consultative Sales Once GOD acquiesces and allows us to ask questions, then we are out of the pitch business and now immersed in the consultative sales flow. When asked this way GOD does allow questions in most cases. Sometimes we will get a stern GOD who says “just give me your pitch”. We comply because you cannot deny GOD, but mentally we know we should down the lukewarm, cheap, bitter green tea and head for the door, because there won’t be any sale here today. Knowing what a client needs is the key enabler to craft a sales presentation tailored to that particular buyer which resonates, excites and satisfies. GOD just needs some nudging to get religion about consultative sales. When you have your next sales meeting with a Japanese buyer, mentally picture you are sitting down with GOD and act accordingly. Be comfortable with formality, silence, hierarchy and sit up straight. Politely pull the velvet curtain back on your beautifully polished and well practiced credibility statement and wait for “yes, you may ask me some questions”. Don’t say one word after you ask your question, even if it is killing you. Sit there in silence until you get an answer. GOD likes to think about it and is in no hurry.…

1
Confidence And Truth In Selling 11:06

5 weeks тому11:06

11:06

Confidence sells. We all know this instinctively. If we meet a salesperson who seems doubtful about their solution or unconvinced it is the right thing for us, then we won’t buy from them. The flip side is the con man. They are brimming with brio, oozing charm and pouring on the surety. They are crooks and we can fall for their shtick, because we buy their confidence. They are usually highly skilled communicators as well, so the combo of massive confidence paired with fluency overwhelms us and we buy. We soon regret being conned but we are more cautious thereafter every time we meet a salesperson. By the way, there is a good chance we are that next salesperson. So how do we navigate the rapids and the rocks here of coming across as confident and being skilful in describing our solution, without tripping the client’s internal con man alarm system”? Ultimately it comes down to your kokorogamae . This Japanese compound word can be translated as our “true intention”. What are we on about with this sales lark? Who are we showing up for – ourselves or the client’s best interests? With con men it is always their self interest. They keep moving like a shark, swimming around constantly in motion, always looking for something to devour. If we sit down and examine ourselves we can make a decision. Are we in sales as a profession – yes or no? If the answer is no, then please get out of sales immediately. Go. Do something else, because the rest of us, who want to be professional, don’t want you polluting our waters. If the answer is “yes”, then examine what does “professional” actually mean to you? We can get caught up in the finer points of sales technique, but what I am asking is please look at sales and ask what is my true intention here? If it is to serve the best interests of the buyer then we are getting on the right track. If the answer included to serve the buyer forever and to be aiming for the reorder, rather than the sale, then go to the top of the class. That mentality is the antithesis of the con man who knows they have to leave town after the sale, because they have cheated the buyer and can’t expect any further business – ever. There is a successful businessman I know, who told me a story about his early days in sales. He sold an inferior product and the client would only come to realise that reality following the purchase, when the product itself was consumed. He had to have a big territory from his company, because he could never go back to a town he had sold into. I had liked him but after hearing that story I liked him a lot less. He knew the product was inferior and was not matching the claims he was making. He was confident and fluent. In other words, he was a con man. His kokorogamae was incorrect and I am wary of him because I am not sure about his mentality in business today. Maybe he has reformed, but I am in no hurry to find out at the cost of my own personal business. If our true intention is correct, then being confident and fluent come into their own. The way we think about the business changes. We see the lifetime value of the business rather than a transaction. That means the effort we make to serve the client changes. The follow up is done in a different and superior way. The client feels our commitment to their success. We obviously ask particular questions which would only be of interest to someone who was committed to serving the buyer. We are thinking as if this was our business and we are looking for ways to build it higher. The questions around that aim are a lot different to discussions of the features of the widget and the needed logistics to supply it. We are thinking and talking beyond the initial sale. So ask yourself – what is my kokorogamae ? What types of questions am I asking – are they transactional or long term oriented? Am I communicating well enough my commitment to help this buyer succeed or am I only operating at a very superficial, order taker level? Am I thinking about potential buyer problems down the track and how to fix them? Have I wrapped my confidence up in truth? Record your presentation and have a good listen to it. Are you coming across as (A) a very basic provider of transactional solutions (B) a con man or (C) a true sales professional who has sorted out their kokorogamae ? If the answer wasn’t (C) then there is a lot of work to be done on you by you!…

1
We Buy From People We Like And Trust 11:35

6 weeks тому11:35

11:35

Buying from people we like and trust makes a lot of sense. Sometimes we have no choice and will hold our nose and buy from people we don’t like. Buying anything from people we don’t trust is truly desperate. So when we flip the switch and we become the seller to the buyer, how can we pass the smell and desperation tests? How do you establish trust and likeability when you are on a virtual call with a new potential client? What do you do about those new buyers who won’t even turn on their camera during the call? The best defense against buyer scepticism is to be professional. You will be well presented whether face to face or online. In the latter case, you will have a background that advertises your firm and hides the background of your home, because this reduces the distraction factor. You will use gestures which are in front of your body, so that your arms are not suddenly cut off by the fake background. You will be sitting up straight in your chair and looking straight at the lens on the computer camera, which you have cleverly arranged to be at eye level. In a face to face meeting, we are communicating quite a lot through our body language, so we are going to be sending out messages of confidence, credibility and trustworthiness. We are going to be well dressed for all meetings regardless of the medium. That means put on your business battle dress, which means a jacket and tie for men in the online meeting as well, so that we are not looking too casual. We are going to be precise and clear in our language, with no filler words like ums and ahs diluting the message and annoying the buyer. Online, the body language factor can be tricky, especially if we are showing any documents or slides on screen. In these cases, we are reduced to a tiny box on screen and so is the client. The lesson here is to not show too much information on screen such that the size of the faces is maximized, so that we can each read as much body language information as possible. What about those Japanese clients who only turn on the sound? We are now at the equivalent of a phone call, except that they can see you and you cannot see them. We have a couple of choices. I don’t match them with turning my camera off to even out the stakes. I still want to exude credibility and the camera gives me more scope to do that, than the audio only. We have to grab the opportunity of the sales call and we, not the buyer, have to run the meeting. Right from the start, I ask them to turn their camera on. This is difficult for our Japanese staff to do, because for them the buyer is God. If the omnipresent deity doesn’t want to reveal themselves to mere mortals, then what right has the lowly supplicant salesperson to demand that of God? Nevertheless, we have to train them on how to do that. We need to say to the buyer, “Thank you for your time today for this meeting, I appreciate it given I am sure you are very busy. Over the last few years, I have done a lot of these meetings online and they always seem to be more productive for both sides, when we both turn the cameras on, so let’s both turn our cameras on today for this brief meeting”. Now what comes next is the key component. Shut up and do not say one word, no matter how much awkward painful silence ensues. Sit there and wait for them. Isn’t this risky? In my view, if they won’t even come on camera, how successful do you imagine you are going to be selling them something? By definition they are not a buyer and you are better to go find someone who can turn their camera on and can buy. What happens if they say they prefer not to turn their camera on? Mentally reduce the prospects of a subsequent positive outcome to a substantial negative integer and carry on as best you can. A non-buyer is a non-buyer, online or in person but in sales you often have to grit your teeth and just plough on. All very depressing isn’t it. To just to end on a real downer, let me relate a recent story from the sales trenches here in Tokyo. My salesguy cold calls a company here. The person answering the phone says, “we do not deal with people we are not already dealing with”. Being the supreme optimist from sunny Australia, I encourage him to go once more into the breach and call again at a different time. Potentially he might encounter a different person and hopefully receive a better reception. He did just that and he got exactly the same response from another member of staff, “we do not deal with people we are not already dealing with”. As we say here, “welcome to Japan!”.…

1
Selling Through Micro Stories 10:26

7 weeks тому10:26

10:26

Is selling telling or is it asking questions? Actually, it is both. The point though is to know what stories to tell, when to tell them and how to tell them. We uncover the opportunity through asking the buyer questions about what they need. Once we know what they need, we mentally scan our solution data base to find a match. This is when the stories become important, as we explain why our solution will work for them. What we don’t want is having to scrabble together stories on the spot and then make a dog’s breakfast of relating the details. These stories have one purpose and that is to give credibility to our solution. The content should have elements of the context of the solution and evidence of where this has worked for others. Buyers may not be familiar with your company in detail, so the background of the company told in two to three minutes is a micro story we need ready to go. Longevity or fresh innovation are the two spectrums. Either we have stood the test of time and you can trust us or we have come up with something new, that will be a game changer and you need it. Often though salespeople don’t know the detail of the company or even if they do, they have never spent any time weaving this into a brief narrative for the buyer. This requires practice to ensure the micro story is kept tight and packed with credibility. We cannot go on and on about our own company or the buyer will switch off with disinterest. They are only going to listen if the background of the company has some strong relevancy for them. This is why we have to craft that story specifically for them, before we talk to them Our systems, products or services all need explanation about how they will help the buyer. Just leafing through the five kilo, tome like product catalogue is not enough. Pitch salespeople will do this. They will go through the catalogue hoping to snag some buyer interest by using this shotgun pitch approach. When I had my first sales job selling Encyclopedia Britannica door to door, that is what were taught to do. We all learned a canned twenty minute walk through the pages of the book, introducing all the cool features. Not recommended! If we have asked the right questions, we know exactly which few pages in the catalogue to show or which sections of the flyers we need to introduce. This is where we want our micro story about how this solution was created, including legendary moments of daring do by the R&D team or genius manufacturing breakthroughs or whatever that sounds amazing and clearly differentiates us from the competitor rabble. These have to be short, sharp and terrific. That means delivery practice. They have to be customized and then memorized for the best content and cadence for that particular buyer. There are often too many products in a catalogue though, so being able to remember all of them may be unrealistic. Over time however, there will be a smaller group most important to most buyers and so we can work on remembering the stories associated with these products or services. We definitely need to include client stories there as well. Telling the buyer what the widget will do is not enough. What are the benefits the widget will bring to their business. How have other buyers applied the benefits of the widget and what were the results. Often salespeople never get beyond the widget features and yet we all know we don’t buy the features, we buy the benefits, but that doesn’t stop a lot of salespeople dwelling on the wrong thing. The story needs to have included the location, season, characters involved, some drama around an issue the buyer needed to fix and the triumphant outcome resulting from our solution. We need the context placed in the perspective of the prospective buyer. What is the conversation going on in the mind of the buyer and how can we meet them there through our narration of our brief story. Sales raconteurs were part of the furniture in the pre and postwar periods, prior to the modern switch to consultative selling. We have moved on from just telling amusing stories and jokes to entertain the buyer. We have also gone beyond pitching products. Contemporary selling skills means asking clients excellent questions. This is now a high tech, time poor world and the buyers are busy, busy people. Our stories are important because they grab the attention of those with short attention spans, by adding some colour to the solution explanation. Relevant, well delivered stories help us to deepen our engagement with the buyer. Today we all need to master the art of micro storytelling. Does your sales team have their micro stories ready to go?…

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The Care Factor In Sales In Japan 11:03

8 weeks тому11:03

11:03

Japanese salespeople really care about their clients. This is good, except when it isn’t and that is usually when they are prioritizing the client over the firm which employs them. Japan is a relationship driven, risk averse business culture, where longevity is appreciated. This often translates into the salespeople being captured by a type of “Stockholm Buyer Syndrome” where they identify with the interests of the buyer, over those of their boss. Going to bat for the client is admirable because the salesperson is their representative inside the organisation. It can create problems though, when perspectives become skewed. Price rises, stock shortages, quality issues, staff allocations can create a divide in the priorities of the buyer and seller. Where does the typical Japanese salesperson plonk themselves down? Right in the buyer’s camp. They become advocates for the buyer’s interests over the firm’s interests and this can create tremendous friction inside the organisation. As we know, in Japan the buyer is not a royal, an aristo or a King. The buyer is a deity, a God and that changes things up considerably. As the boss, you can hand out the orders but that doesn’t mean the salespeople are going to compromise their relationship with the buyer aka God, to keep you happy. They are thinking about their bonus or commission and the lifetime value of that client. In that equation, the boss’s views and interests are mildly interesting, but not arresting. So boss orders are issued like confetti and then the Great Obfuscation commences. Delays, excuses, detours and ninja like silence start cropping up. The sales staff can always rely on the boss to get distracted and be so time poor that they never get around to following up at all, or at least for some considerable time. With multinational firms, with any luck, the boss will get transferred or fired and the coast will be clear again. Or the market shifts, or the currency moves and the whole point becomes moot. The salesperson rule is keep your helmet pulled down tight and low and dig a bit deeper into the foxhole, waiting for the boss order barrage to die down. So as the boss, how do we navigate between ensuring the salespeople take brilliant care of the client, without sending the firm to the edge of bankruptcy? We have to become much better time managers, because that is the key to following up and keeping track of the change you have initiated. We need to keep a note somewhere of what was discussed, what was requested and then some milestones to check against for progress. It could be electronic reminders or something analog, it doesn’t matter, as long as it works for you, but do it. Coaching is one of the victims of tech today. Tech is supposed to give us all more time. It hasn’t. Everyone is so busy, including the boss, that the time is not created for coaching sales staff. If we want the salesperson to go down there to the client and deliver some distasteful news, they may need some help on how to handle that interview. Imagine asking a Japanese salesperson who has spent an entire career agreeing to everything the client wants, to head over to the buyer’s office and tell them “no” or the new price has been increased to “x”. They are just not trained for that and have no clue how to do it. This is where they need help and the busy, busy bee boss has to pony up the time for them to help have that difficult negotiation. Depending on the situation, it may be time for the boss to go and speak with the client. Hierarchy is important in Japan and having the more senior person turn up, is a mark of respect which the buyer in Japan will appreciate. It won’t make them any happier about the bad news, but at least they feel their due was given. The salespeople will appreciate it too, because it allows them to keep their relationship with the buyer and heap all the blame on their mad dog, crazy, gaijin boss. The answer is simple and complex at the same time - encourage a sharp client focus by the salespeople, but keep that tempered within the interests of the firm, by making your time available to follow up, coach or intervene.…

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The Seven Lucky Stars Of Selling 10:46

9 weeks тому10:46

10:46

Luck is the nexus of hard work and persistence. Salespeople need some luck, even if they have to create it themselves. That old blues refrain “If it wasn’t for bad luck, I’d have no luck at all” can’t apply. We have to make our own luck and here are seven luck creation principles we can start using immediately to help us get there. No fancy varsity degrees or puffed up IQ scores needed. Common sense that morphs to common practice is all we need to change our luck in sales. Arouse in the other person an eager want Salespeople are consumed by what they want and it is usually getting enough commission to be able to eat. Buyers don’t purchase for any other reason than getting what they want. Our job is to communicate in such a way the client realises they have a want they didn’t recognize or give sufficient import to previously. Opportunity cost is a measure which shows that taking no action is not a zero cost option. Clients are not in a static market, their competitors are still alive and hungry for market share. Talk in terms of the other person’s interests We have to show that taking action today is needed and that argument has to be based around a good understanding of what the client needs as opposed to wants. If we honestly have the buyers interests foremost in our minds we can build the trust needed to secure the business. The only way to get the best of an argument is to avoid it Salespeople arguing with buyers is the silliest thing in the world. Nevertheless, there are legions of salespeople out there trying to slam square pegs into round holes and make a deal fit which should never even be a consideration. Trying to overpower the buyer to drive them through force of will to buy is ridiculous, has always been ridiculous and will remain ridiculous. Some salespeople don’t learn however. Let the other person do a great deal of the talking Talkative salespeople lose a lot of potential business. Being good in sales means being a tremendously good listener. Understanding what the client needs is critical to providing a match that works between what you are selling and the gap in the clients business which they need to fix. When I realise I have violated the 20/80 ratio of salesperson to buyer occupying the airwaves I shut up and ask a question to get them talking. We all need to be alert to our proclivity to love the sound of our own voice. Try honestly to see things from the other person’s point of view What are the buyer’s fears, headaches and aspirations? If we don’t know these answers then we are not doing our job as salespeople. Force feeding our pitch down the buyer’s throat is stupid, but so many salespeople do just that. They launch straight into their widget pitch without finding out what the buyer needs. Something so basic, but so commonly missed in sales. Ask questions instead of making statements If I say it, as a salesperson, it might be true, but if the buyers says it, then it is 100% true without any doubt. Our communication skills are called upon to make sure we ditch every opportunity to tell the client something and rather replace that statement with the same information, but now reconstituted as a question. For example, “we have overnight delivery” is statement. Rather than trotting this out, we say instead, “would having overnight delivery be of value to your business”. If they say yes, then we can talk about how we do that. If they say “no”, then we keep fishing for what is of value to them by asking questions Make the other person happy about doing the thing you suggest We want action. We want the order right now, without delay. We don’t want buyers to think about it or worse, agree in principle and then do nothing about it. We need them motivated to buy. What will success mean for them in their business? What can we do to help them become even more successful? If we can wrap our sale up in those flags of self-interest, then they will buy and will they buy right now. Keep these principles in your mind when talking to clients. They are not complex to remember, but are complex to execute. Well, that is sales and that is the requirement. Get on to them fright now, delay no more and make sales today.…

1
Gamification Makes Sales Role Play Fun 9:34

10 weeks тому9:34

9:34

An ideal work week for salespeople would start everyday with sales role play with colleagues. When we do serious exercise we warm up to get into prime condition for becoming better at our activities. It is the same with sales, we need to warm up before we interact with clients. We need to get our communication vehicle into top well maintained condition. By practicising what we will be saying to the client we will be so much better when we come face to face or face to screen with the client. Yet, how many people do this every day? How about a couple of times a week? How about never? Sadly the “never” answer would be the overwhelming majority. Clients don’t need any preparatory work to say, “your price is too high”. Buyers are all given this facility at birth, so they are always ready to go. Salespeople on the other hand, have to work hard at setting up the context for the client, so that the “your price is too high” missile is never launched. Given this reality why aren’t profession salespeople working hard to perfect their skills before they are interacting with buyers? Too busy would be the typical excuse. Really? What about between 8.00am and say 8.30am in the mornings? Probably everyone has this slot open to them. No one to lead the session is another cop out. What leadership does it take to buddy up and go through different aspects of the sale’s call? None. Every sales team could self regulate and practice with each other. All that is needed is to tell your partner what they were doing well in their role play and then tell them how they could make it even better. We can also make sales role plays fun. We can set up some variables for variety. We can allocate different personality styles to be played out as the buyer. The Driver – time is money types, “tell me what you want and then buzz off buddy, I’m busy”. The Amiable – “let’s have a cup of tea together and get to know each other better”. The Analytical, “can I get the data to three decimal places?”. The Expressive, “let me grab the whiteboard marker and outline for you why we are going to have a spectacular year this year. Later let’s catch up for Happy Hour and have a few drinks”. The buyer in the role play practices adjusting their communication piece to deal with the different types of buyers. Another game is the pushback variable game. We have different types of objections written down and placed in a container. Like getting an evil fortune cookie, the role play buyer pulls out the objection and the salesperson has to deal with it on the spot. A few rounds of this and probably most of the typical pushback conversations will have been covered, the random nature of the selection means we have to think on our feet. We can also have another bowl and draw out which personality style is giving us the objection and start coming up with different combinations. For example, the Driver says your delivery reliability is not any good with an aggressive snarl. Are you ready for that and how will you handle it? The next one is the Analytical, so you need to go data, evidence and proof heavy, are you ready for it? Your get the idea. The storytelling game is another angle. It might be the story of your firm in Japan, or the story of your products. The buyer selects the story theme from the bowl and you have to tell that story in under 2 minutes and thirty seconds. Why this short time frame? We need enough length to get the story pumping , but short enough that we are not boring our audience. Three minutes or more in length and we are pushing things with the listener’s patience. Now here is an interesting question? Do you have your company Japan story ready to go? What about an individual story about particular products? People don’t keep data in their minds, but they are able to retain interesting stories. When I was a kid growing up in Brisbane, I remember the radio DJs telling a bunch of trivia related to my favourite bands. I always thought to myself, wouldn’t it have been more beneficial if they had told stories with something more advantageous to the country, than some rock legend’s doings. The point is we can use stories to make sure the buyer remembers us when they are looking around for a solution. Storytelling is a powerful arrow in our communication quiver.…

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Selling Year In, Year Out (Part Two) 11:36

11 weeks тому11:36

11:36

In Part One, we talked about Jan Carlzon’s insights into the importance of consistent service being provided to clients. The buyer mantra is know, like and trust in sales. We also talked about the basics of sales – prospecting and closing. Now are we going to continue the errors, shortcomings and mistakes of last year into the new year or not? Are we going to just continue doing what we have always done year in, year out or are we going to improve? We tend to get into a groove in sales, which is perfectly fine, if it is the correct groove. We start again this year, but are we adding years of sales experience or are we just duplicating the same dubious experience of last year? We have to make the decision that we are going to become better in all aspects of the basics of selling and build a professional career. As mentioned in Part One, a big element of sales success revolves around our communication skills. These days it is made even more difficult, because we are probably doing this, while selling remotely. How do you like someone you have never met before in person and only interact with on a small screen during an online call? In this environment, what we say and how we say it become vital. Did you know that we lose about 20% of our pep when we are on screen. We have to lift our energy just to get back to parity, let alone start to impress the client with our energy and passion to serve them. You will have noticed what dead dogs a lot of people are when on screen. They are lifeless and low power. If you are the buyer, they are probably not the type of person you want taking care of your business. You want a powerhouse who will run through brick walls for you, who will leap tall buildings in a single bound to do the best deal, someone who will take a bullet for you on the pricing. This means the same old, same old, year in, year out sales boogie doesn’t function properly and we will lose the customer and the sale. We have to refine our onscreen communication skills further just to tread water, in order to stay where we are right now. These are the new basics of sales. However, are salespeople leaping out of bed ready for the day and seeing it as a new day in sales, that requires a set of different skills from last year? How are we doing with understanding and mastering the new basics for this coming year? Understanding clients seems the most obvious basic skill, but that is a rarity. You have to wonder how that could be the case? In Japan, the reason is simple. The communication flow is one way. The seller is trying to “convince” the buyer to buy. To do that they trot out their widget catalogue and describe it in vast detail. The problem with this “no questions asked” approach is you don’t know enough information. Does the buyer need that widget in pink or blue? Waxing lyrical about the bountiful aspects and many wonderful attributes of your blue widget is ridiculous and pointless because the buyer needs the widget in pink. You need to know that and the way to find out is to ask the buyer questions, rather than blindly pitching into the dark. The Japanese client is a problem too. Over time, they have trained salespeople to offer up their pitch, so that they can cut it to shreds. They do it this way in order to satisfy themselves this is a low risk purchase. They prefer the “smash the walnut with a sledgehammer” approach. Risk aversion is fair enough and nobody wants to make an incorrect purchase or waste resources. Pitching is a total waste, however salespeople and buyers haven’t woken up to that fact yet. A Japanese salesman who came to see me promptly sat down and immediately went through his entire slide deck adding his commentary. He didn’t ask me one teensy-weensy question about my business or what was the problem I was trying to fix. I teach sales, so I was amazed and wondered how long it would be before he would ask me a question. Well he didn’t. He just pitched and pitched and pitched. We wasted twenty five minutes of that meeting going through stuff of no value or interest to me the buyer. I wanted pink but he kept talking about blue the whole time. If he had taken a few moments to ask me some questions, he could have zeroed in on the two slides that were pertinent to me, in that whole massive deck. We could have had a much more meaningful and fruitful conversation. He didn’t get the sale and no wonder. Whether we are selling online or selling when person to person, we need to ask questions. Japan being Japan, we need that mezzanine step of first getting permission to ask questions and that is not difficult. Are you or your colleagues asking for permission? Salespeople in Japan need to start the new year with a new realisation that pitching is inefficient and basically self-defeating. Let’s start the new year reflecting on the true basics of selling. Then we can put those basics into practice, in order to get the results we need. The equivalent of football blocking and tackling is what we need in sales. If we salespeople don’t get it, then this will be another year of opportunity which has slipped by, eluding our grasp. We simply cannot afford that year in, year out business anymore.…

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Selling Year In, Year Out (Part One) 10:32

12 weeks тому10:32

10:32

Journeymen salespeople are starting another year of selling. Maybe their financial year is a calendar year or maybe the year wraps up in March. It doesn’t matter, because there is a mental trick we play on ourselves that January 1st represents a new start, a new year. Sales can be exhausting and 2025 will not go down as a bumper year for the vast majority of salespeople. Yet, here we go again. How do we get ourselves back up into the saddle on that bucking bronco that is the sales life? In Japan, very few salespeople are basing their livelihood on full commission sales. Here we have either a base and bonus or a base and commission system. That means that if we don’t sell much we can still eat. So the economic pressure here is less intense than in other markets. It is also tricky to get fired for poor performance in Japan. The courts expect the employer to reassign the sales failures into other jobs more suited to their lack of talent. So the downside of not selling is not that cut throat here. Also, the vast majority of salespeople are amateurs, not properly trained in the profession. Rank amateurs bumbling their way along is the norm here, so no need to feel any social pressure either. In these circumstances it can be as if everyone in sales in Japan is sitting in a lukewarm bath – not too hot and not cold, but also not very exciting either. “Blocking and tackling” was the basics of winning football games according to Vince Lombardi, the legendary coach of the Green Bay Packers. So with sales, prospecting and closing are the basics of sales. We have to be farmers and hunters. Finding new buyers and treasuring our existing buyers, looking for the reorder sequence to kick in. Know, like and trust are the basics of sales. The buyer has to know who we are. If they have never heard of us or never met us, then they won’t be buying anything from us. The internet is a godsend because buyers can find us to solve a problem they are having and we didn’t lift a finger. All that finger lifting was done by the marketing department spending dough and presto, we get the leads. Okay, we get the lead but so what? Will the buyer like a total stranger and even more importantly, trust a total stranger. What did you parents tell you – don’t talk to strangers! Therefore the initial touch with the buyer is critical. It isn’t a one and done thing though, because there is bound to be numerous touches on the way through. Jan Carlzon’s book “Moment of Truth” is a must read on the importance of every part of the organisation taking ownership and accountability for the customer. This sounds simple enough. In my experience, Japanese businesses don’t teach accountability to the entire team. Salespeople are expected to be accountable and bend over backward to meet the buyer’s requests. The person picking up the phone though didn’t get the email about first impressions, accountability or ownership. They got the email about if they transfer a salesperson through they will get severely scolded. Because they don't know who is calling, they have found it is best to treat everyone as guilty until proven innocent and be as cautious as possible with strangers. If the buyer calls for you and you are not there, the person picking up the phone is not helpful. They say stuff like “they are not at their desk now” and say nothing more. This forms a negative impression about your company and its care for the buyer. Your own team are killing the like and trust bit for you with the customer. This was what Carlzon found. You have to educate everyone to think differently about keeping the sense of ownership high and the like and trust part powerful. Another part of the like and trust component are our communication skills. If we sound like we don’t know what we are doing, then the client won’t like that. If we say one thing but the truth proves to be something else, buyers definitely won’t like that either. I had a person I know here in Tokyo call me up about some animation sales tools. I was interested and we had a conversation about it. It turned out he was actually just fronting for the American firm and my next conversation was with someone from the headquarters. What the local guy told me was different to what the American rep told me. I immediately lost trust in both sides. I never went any further with the deal and I would never do business with the local guy ever again. This is another Carlzon nominated fail point. As the conversation moves around through the organisation, there has to be integrity, consistency and truth. In Part Two we will continue to look at the other key basics, the blocking and tackling of the sales process.…

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The Seven Bridges Of Sales 12:15

13 weeks тому12:15