US companies with sales of $1 billion or more want to make 44 percent more of their products in the US over five years, or nearly half of all their products, reports Fortune(November 17). But when they look to US manufacturers to produce those products, they can get an unpleasant surprise: They can’t find anybody to do the work or, sometimes, anybody who
A few paraphrased responses to a recent inquiry to “the phone company”: –“You can’t do that. It’s part of a package of features.” –“You can’t do that,” and then, after consultation with a supervisor. “That’s an Apple feature and our contracts don’t allow us to alter Apple features.” –Rep: “I can’t do that. I’ll transfer you
Why don’t lawyers network more? Why don’t the rest of us? Common sense says that more networking means more billable hours means more income and advancement. These days, in fact, more and better networking can mean keeping your job or getting a new, better one. Personal marketing plans for attorneys set goals for networking activity, if not results. Yet actually getting attorneys
Nearly every sales rep uses visuals in formal presentations, usually in PowerPoint. But are you using them effectively in discovery, too? In a complex, business-to-business, consultative-selling environment, visuals can be powerful tools for advancing a sale for several reasons. They can: Drive your point home clearly and succinctly. Make terrific leave-behinds (if printed) that prospects can review and consider after you leave. Help
“Always do right,” Mark Twain once wrote. Sounds simple enough. But then came Twain’s inevitable zinger: “This will gratify some people and astonish the rest.” And, of course, knowing what is the right thing to do can be complicated. One of our clients, for example, once offered a new technology to an oil company. The technology was an attractive opportunity because it delivered
The winners of our FOCIS® Contest for 2013 took long and winding roads to their destinations but their trips were worth it–in more ways than just making a sale. First Prize, $500: Russ Cerny of pharmacy benefits management firm Catamaran spent more than four years pursuing a prospect, eventually dislodging its incumbent vendor of 10 years, and switching $20 million of annual
Raise your hand if you like to make cold calls. No one? No surprise. In our experience, just three out of every 100 sales reps like to make cold calls. The rest don’t like it and aren’t very good at it, which may be in part why they don’t like it. So recently I was encouraged by the sincere, if skeptical, interest
Occasionally, one of our clients learns about a competitor that tells prospects and even customers something about our client that’s not true or significantly misrepresented. As a salesperson, you might know this is going on, or, rarely, a prospect or customer might bring it up, either as a challenge or as a favor. Fortunately, even though many companies compete hard
Can Lawyers Learn to Sell? One of our large, global law firm clients has been tracking the results of our small-group consultative sales training of their attorneys. We’ve trained about 50 attorneys in eight cities. The study is controlled for gender and experience. For the full 2013 year, the gap in billings for lawyers trained in our approach, called FOCIS®,
Does your hunting-farming sales ratio go up and down like a playground seesaw? Or maybe the ratio is lopsided one way or the other and doesn’t move much at all. Do your salespeople spend more time tending to current customers (farming), for example, than actively searching for new customers (hunting)? Do you even know? If you don’t, you might want to figure