Lose Sales
Now, Ask Me How! Try the Gravy Diet
By Landy
Chase
Everybody in business, including myself, loves a good dollop of
“gravy”. In this context, of course, “gravy” means business that
literally falls in your lap:
-
The prospect who calls to say, “I’m ready to buy”
-
The customer who contacts you to make another purchase
-
The order form that arrives with a check in the mail
What’s wrong with a little gravy? Nothing, as long as it is consumed
in moderation. A little gravy, in fact, is a healthy part of a sales
person’s diet. Leads that arrive as “done deals” are good for your
attitude and you are entitled to them. As Yankees great Lefty Gomez
famously said, “I would be rather lucky than good.”
Unfortunately, some sales people love gravy too much; they even
learn to exist on the stuff. They stop prospecting for business, and
they wait for the phone to ring. They live on whatever happens to
come in the door. They are devoted followers of the Gravy Diet. And,
sooner or later, the Gravy Diet always leaves them starving.
Why? Because sales people who live off of incoming leads have
relinquished ownership of their future and their income. Their
success or failure is then driven by factors beyond their scope of
control, namely: luck, good fortune, and a fair wind. Whether or
not they make their sales numbers (and mortgage payment) each month
comes down to whether or not the telephone rings. And that, my
friends, is no way to live your life, sales person or otherwise.
Gravy Addicts, take note: you do not control the events that sustain
your gravy supply. Customers go out of business. Or, they merge.
Headquarters relocate. New decision-makers arrive who bring new
vendors with them. Budgets are cut. In short, you lose business
through no fault of your own. These are events beyond your scope of
control –yet they occur with regularity. Each time they do, one of
only two things happens: either you get a new customer to replace
them, or your income decreases. The elephant in the selling room is
this: if you have no method of replacing lost business or, worse,
you are apathetic about it, you are eventually going to run out of
Gravy.
Having worked with thousands of sales people, I can tell you this:
there is a great mental divide between high sales achievers and the
rest of the selling population when it comes to the subject of
Gravy.
High achievers do not follow the Gravy Diet. To them, Gravy is a
dietary supplement, recognized for what it is: an unexpected and
welcome treat. Instead of living on Gravy, they develop and
implement a robust outbound marketing program. They have a system
for consistently getting new business that centers on the following
skills:
-
Marketing – specifically, creating selling opportunities through
prospecting;
-
Referrals – getting new customers through existing, satisfied
ones;
-
Branding – becoming “known” for their personal skill and
expertise;
-
Networking – Utilizing the power of “who you know” to generate
leads;
-
Ethics – building a reputation of integrity in all business
dealings.
So, how does a sales person lessen his/her dependence on the Gravy
Diet? Here are five corresponding steps that will reduce gravy
dependency and improve sales vitality and business health:
• Learn how to become effective at prospecting. Invest in quality
educational tools that teach you how to do the fundamentals: handle
gatekeepers, get access to decision makers, and gain agreement for
appointments.
-
Ask every satisfied customer you have for a referral to others
in the company. Don’t just say “who do you know who ____?”. Be
specific. “Do you have a (title) or someone in a similar
capacity who might have some interest in what we do for you?”
This makes it easy for them to help you.
-
Start an e-newsletter or blog for customers. Focus on giving
them high-value ideas that will help them in their business. Ask
every client that you have for an email address, and send them
your ideas once a month.
-
Don’t harass friends for referrals. Good networking happens
because people know what you do, and give your name to someone
else who is looking for what you provide. Make sure that all of
your contacts are well educated on what you provide, and include
them on your newsletter list.
It is worth noting that following the principles outlined above has
the ironic benefit of – you guessed it – dramatically increasing
your gravy supply. Enjoy – but have the self-discipline to stick to
your plan. After all, maintaining focus is the key to success in all
diets - including that of a successful sales person.
A final, important note regarding Gravy: one of the best bloggers
and sales experts on the Internet is my counterpart, Jeb Blount. I
encourage you to visit his website,
www.salesgravy.com, and register
there today.
Read other articles and learn more about
Landy Chase.
[Contact the author for permission to republish or reuse this article.] |