#033: Reduce No Shows


Hey, đź‘‹ Scott from The Sales Mastermind here.

Today’s edition only takes 2 minutes.

​


Can I ask a favor?

If you like this newsletter, forward it to a fellow; "Founder or CEO who sells, but isn't a *sales*person."

If this was forwarded to you:


No-shows are the bain of every seller's existence.

Yet you can reduce the chance of no-shows with a few simple tricks:

  • Wherever the problem is, go one step earlier
  • Keep momentum
  • 99% invisible
    ​

Wherever the problem is, go one step earlier

How often do you speak to a former colleague/distant relative/acquaintance and agree to meet in two months?

Only for the day to arrive, and you're desperately searching for a reason to cancel.

The problem is that you didn't really want to meet up with that person. By pushing the meetup far into the future, it felt unimportant.

Imagine the same idea in sales.

You set meetings weeks in advance with buyers who aren't overly interested. And they no-show.

Reduce this effect by booking the meeting as soon as possible. If you speak in the morning, ask for a meeting that afternoon. If it's a Tuesday, request for a meeting on Thursday.

It has two effects:

  1. Test the buyer's desire. Buyers either have burning problems to solve or everything else that fades into the background. There is no in-between.
  2. Keep momentum. In the moment, the buyer may value solving the problem, but 1-2-3 weeks later, new priorities take over. Time kills all deals.

Solution: Book the next step as soon as reasonable.

​

Keep momentum

As above, a no-show begins at the end of the previous interaction.

In 2022, my team found that ~40% of qualified "demo" calls that ended without BAMFAMing were lost, without additional contact.

By booking the next meeting and selling the value of the meeting, you'll keep the momentum, make it frictionless to turn up and reduce your chance of no-shows.

If you don't BAMFAM and sell the meeting, you'll lose many great opportunities due to a lack of momentum.

Solution: BAMFAM and sell the value

​

99% Invisible calendar invites

The best architecture aims to be "99% invisible." This means people don't notice it. It just works.

Think about the height of a standard doorway in Japan (180cm) compared to that of a standard doorway in The Netherlands (203cm).

This is because an average male height is 170cm in Japan compared to 183cm in The Netherlands.

Your calendar invites should follow 99% invisible standards.

If your buyers ever look at the invite and think:

  • Who is this with?
  • Why am I turning up to this?
  • What is this calendar invite all about?

You have failed. Answer all three questions before they are asked.

A strong naming convention is something like:

{Their Company Name} <> {Your Company Name} - Purpose for the call
For example, Facebook <> The Sales Mastermind - Intro Call

And always include a short agenda. For discovery calls, I send:

Agenda:
1. Introductions / Expectations
2. Discussion needs
3. Next Steps

For demo calls, I use:

Agenda:
1. Discussion of the individualized demo
2. Return on Investment calculation
3. Pricing and Timing

Solution: Send 99% Invisible calendar invites
​

It's never a guarantee, but if you can:

  • Book the next meeting as soon as reasonable
  • BAMFAM and sell the value
  • Create a 99% invisible calendar invite

You'll reduce your no-shows.

​


Let me know:

​


Until next week,
Scott Cowley

PS If you want to see how/if I can help with your sales efforts, consider Booking a Call.

​

Did you like what you read today? Consider forwarding it to a friend, colleague or team member.

Did someone forward you this email and it seems like something you want more of: Link to subscribe​

​

Hi! It's The Sales Mastermind

I help founders who sell, but aren't "sales"people. Are you open to one hyper actionable sales tip per week, useful for your very next sales meeting and consumable in 4 minutes or less?

Read more from Hi! It's The Sales Mastermind

Hey, 👋 Scott from The Sales Mastermind here. Today’s edition only takes 1 minutes. London I'll be in London in a few weeks - want to meet up with me? Reply back and let's make it happen. “Good is the enemy of great” - Jim Collins. Whether your sales process is working or not, keep iterating and trying new ideas. You never know if you’re at Great or stuck at Good. You may be brand new to selling, or you may be a seasoned seller. In either case, to prevent stagnation: Make one change to the...

Hey, 👋 Scott from The Sales Mastermind here. Today’s edition only takes 3 minutes. 100th Newsletter - Help 100th Newsletter coming up, what should I do to celebrate: Anything? Nothing? Please send me your ideas. For new customers transitioning from sales to onboarding can either be a delight or a nightmare. One leads to repeat customers, the other will cost you customers before their time. And the difference can be as simple as expectation management and effective communication. Today we’ll...

Hey, 👋 Scott from The Sales Mastermind here. Today’s edition only takes 2 minutes. If the seller doesn't understand "why", they'll never close. Today we'll cover: Story Time Why Matters Osmosis Isn't a Strategy Find Their Motivation Story Time In early 2018, I was fired from my job. I was fired because for over 9 months, I never came close to closing a deal. Most mornings, I would walk into the Tottenham Court Road office in London thinking; "How do I still not get it? Why would anyone pay...