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?
110: "Authenticity"
|
Hey, 👋 Scott from The Sales Mastermind here. Today’s edition only takes 3 minutes. Authenticity in sales is overrated and will cost you deals. Instead, serve your buyers for mutual benefit. Today we’ll cover:
Storytime I am currently coaching a super-experienced sales rep who recently changed jobs, industries, and product type (from product to service). And as much as “sales is sales” (and I believe that), every time a seller changes what they’re selling, they have to relearn sales for their new buyers. Many experienced sellers achieve success early in their sales careers. Myself included. Those who don’t quickly find a new career path. Then, because we can close deals and hit quota, we believe we have mastered sales. However, all we’ve mastered is selling a specific offer to a specific audience. As soon as we change any combination of company, product, industry, or geography, we have to relearn sales for our new audience. The fact that sellers have to rebuild and relearn anytime there is a structural change is why the idea of authenticity is so heavily overrated in sales. It’s not about you Sales will never be about the seller and their wants or desires. If buyers bought on a seller’s timeline, they would purchase without ever talking to the seller, so all the seller had to do was collect a commission check. Ironically, if buyers did what we authentically wanted them to do and bought without talking to us, then there would be no need for sellers to have a job. Therefore, sellers’ authenticity is irrelevant and misdirects the focus. Minimum Standards If we take the buyer’s wants and desires to the extreme, they would only work with us if the product/service were free and we did all the work to solve their pain. Which is as unreasonable and unrealistic as a seller’s authentic wants and desires. Therefore, I am not advocating placing the buyer on a pedestal or acquiescing to every demand they make. You need minimum standards. Hero to Zero It doesn’t matter if the seller just closed the biggest deal in company history, won every possible award at the company’s Kick-Off, or is the World Champion of Sales (if that ever becomes a thing). Sales success doesn’t compound from deal to deal because every buying journey is just different enough - and every buyer wants to feel their problems are unique, challenging, and special - that every deal starts close to zero. An authentic seller who relies on past success adds nothing to the buying journey. Real Examples To determine whether your focus is on authenticity or on serving your buyers, check three areas. Firstly, review the last 10 emails you sent to clients. How often do your sentences start with “I” vs anything else? Examples:
That is the output of a seller reflecting on their wants and desires, not what the buyer needs to move the deal forward. Instead, flip the focus of the sentence to the buyer or the process. Examples:
Secondly, listen to your call recordings and look for similar examples: How often are you telling a buyer your opinion, or what you think they should do? Examples are:
These microphrases put the focus on you, the seller, not on the only person who can actually buy. Instead, flip the focus of your language to the buyer or the process. Examples:
Lastly, ask yourself; Do buyers trust you enough to want to keep interacting with you? Many buying journeys are so far progressed that it doesn’t really matter what the seller does or says; the buyer still wants to buy. That’ll get you a close rate of ~10-20%, and you’ll have a ghosting rate of 40-60%. However, if you’re an industry expert who provides value to the buyer in every interaction by asking the right questions and providing insights they can’t get elsewhere, then buyers will close at a higher rate (20-40%). Your ghosting rate will be below 20% as they trust you’ll accept their “no”. Now, review some past emails, calls, or deals to see if being authentic is holding you back from closing more deals. Until next week, PS Did someone forward you this email, and it seems like something you want more of: Link to subscribe​ PPS You can find the back catalogue here, all 110+ newsletters: https://thesalesmastermind.kit.com/​ |
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?
Hey, 👋 Scott from The Sales Mastermind here. Today’s edition only takes 4 minutes. Selling is best when kept simple; buyers want their pain solved, not to learn inputs and complexities. Today we’ll cover: Storytime Order Takers The Message Storytime In 1899, Elbert Hubbard's essay "A Message to Garcia" went as viral as any writing could for the late 19th century. The essay centres on the assignment given to US intelligence officer Andrew Summers Rowan (in the essay "Rowan") by US President...
Hey, 👋 Scott from The Sales Mastermind here. Today’s edition only takes 3 minutes. Every business has three distinct buyer groups, depending on its stage. Today we’ll cover: Storytime Customers Partners Acquirers Storytime In 2010, I was in Sydney and saw a talk by a prominent business builder. He talked about three different types of buyers every founder needs to be thinking about: Who is going to 1? Who is going to buy 100? Who is going to buy you? One of the other panellists that day sold...
Hey, 👋 Scott from The Sales Mastermind here. Today’s edition only takes 3 minutes. Sellers lose their jobs for deals that don’t happen; buyers lose their jobs for deals that do happen and go wrong. Today we’ll cover: Storytime A-symmetry Four types of Risk Wrap Up Storytime While living in London, a mate asked me to buy his dad a beer at a typical English pub. It was an odd request. First, I barely knew his father (let’s call him Steve*); second, Steve lived in New York. My mate explained,...