Killing the Sale
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Killing the Sale

Todd Duncan

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eBook - ePub

Killing the Sale

Todd Duncan

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About This Book

There are approximately 12.2 million salespeople in the United States-that's about 1 out of every 23 people! Salespeople are everywhere, selling everything imaginable. Some are making a killing, but a greater percentage end up victims of the sales industry-and their own mistakes. Some are normal bumps in the road toward success. Others are more damaging. But many are fatal to a career.

Duncan addresses these catastrophic mistakes with clarity and directness. Whether you're a seasoned sales professional or someone considering sales as a career, Duncan's wisdom can help you avoid errors in perception, practice, and performance that could not only kill a sale but also your career.

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Information

Year
2004
ISBN
9781418513672
Subtopic
Sales
CHAPTERONE
Mistake #1: Hyping
Relying on “You can do it” propaganda to
maintain your sales motivation
Take a look in the backseat of the average salesperson’s car and you’ll often find a bona fide smorgasbord of motivational merchandise. Books, tapes, videos, and pamphlets dedicated to the art and science of becoming more successful. Salespeople are known for building extensive libraries of pump-you-up products. And in the right context, there is certainly value in such merchandise. But the problem is that despite filling their heads with the time-tested wisdom of the sales sages and productivity gurus, many salespeople still find themselves in the middle of the pack, achieving only mediocre success. Maybe you’ve been there . . .
After attending your fourth sales and success event and spending more than $2,000 on products over the course of two years, you’ve found yourself whirling in a wind of debt without much success to show for it. You thought you made the investments that were necessary to take your selling success to the top, but it’s beginning to look as if your investments are turning sour—and as a result, so is your attitude about selling.
After reading another book or listening to a new cassette or attending another seminar, you feel on top of the world. You feel confident that you can become the best salesperson in your field. You’re inspired to persevere when you read or hear phrases such as, “Success might be one call away!” So you keep trying—but things don’t improve that much. You’ve tried to talk yourself into being a better salesperson. “I am a successful salesperson,” you’ve reminded yourself. “Just keep plugging away. No pain, no gain,” you’ve reassured yourself. You’ve remained optimistic: “People want to buy my product! I will make a sale today!” But that approach works only for a couple of weeks. And so here you are, reading about a problem that you share with many other salespeople. Highs, then lows. Mountaintops and deep valleys. And you’re probably wondering how this book is going to be any different from all the others you’ve read. Well, it won’t be any different . . . until you understand the essence of one of the biggest mistakes salespeople make. That mistake is something I call “hyping.”
WHAT’S ALL THE HYPE ABOUT?
Hyping, in the most basic terms, is relying solely on external stimuli—success books, cassettes, videos, seminars, and the like—to gain energy and maintain enthusiasm to sell. It’s the equivalent of eating a Baby Ruth candy bar to sustain your energy for an entire week. It usually works in the short term, while the sugar is running through your veins, but it never lasts. Before long, you’re back to where you started: tired, hungry, and in need of energy. And the same is true in the sales profession. The only difference in the world of sales is that the “Baby Ruths” are bound, audible, and often come with a name badge and a ticket.
Don’t get me wrong here; success merchandise isn’t the problem. The root of hyping lies in the false belief that any form of external stimulation can alone truly sustain your motivation to sell success fully. It simply can’t and won’t. Like sugar in your veins, it may give you a little pick-me-up for a short period of time, but before long you’ll be left to fend for yourself.
IT ALL STARTS WITH A MOTIVE
Listen in on any criminal trial and you’ll most likely hear one word repeated more than any other. In the widely publicized criminal trial of O. J. Simpson, this particular word was mentioned 226 times in the opening and closing arguments alone. “What’s the word?” you ask. Motive.
“The defendant had a motive to commit the crime,” argues the prosecution again and again. “The defendant did not have a motive to commit the crime,” claims the defense over and over. And both the prosecution and the defense have good reason for their reiteration. Motive is ultimately the foundation of every criminal trial in America. The police detain a suspect on suspicion of motive. The state arraigns a suspect on probability of motive. And the court tries a defendant on legitimacy of motive. Why is all this talk about motive so significant? Because motive is at the heart of any action—good or bad. Because motive leads to action.
In the end, the fate of a defendant on trial usually lies in each lawyer’s ability to prove or disprove that the individual’s motives can be linked to a specific action. If the evidence shows that the individual’s motives and the criminal act are an unlikely association, there is little ground to convict. In other words, actions without motives are very unlikely to occur. And the same is true of your actions as a salesperson.
Tapped Motives
3
Sustained Action
In the sales profession, you can’t ignore your core motive for selling, then rely solely on hype to sustain your enthusiasm to sell. When you do, your enthusiasm will simply be based on emotional highs and lows, on how you feel that day or in that particular moment. And that will make it very difficult to sustain momentum. Trying to sustain your selling energy without tapping into your core motive for selling is like trying to run a marathon on inspiration alone—without food or water. No matter how much adrenaline you have as the starting pistol sounds, when your body is depleted of nutrients, no amount of inspiration will give your muscles the energy they need to keep going. And eventually you’ll collapse.
Untapped Motives
3
Unsustainable Action, or Hyping
As a salesperson, your level of enthusiasm depends heavily on your core motives for selling. That’s because motive truly gives birth to action. External stimulation (books, tapes, seminars, and so forth) is supposed to be a catalyst that taps into your existing motives for the purpose of initiating consistent, motive-centered action. But external stimulation alone is not the true mother of action. And as a result, it will never sustain your enthusiasm in the long term. Maybe you can relate.
UNCOVERING YOUR TRUE MOTIVES
The bottom line is that true, sustainable enthusiasm in sales begins when you understand your core motives for selling. Unfortunately that’s where too many salespeople go wrong. Either they don’t understand their core selling motives, or they mistake money and materialism for motives. And those mistakes lead to an emotional roller coaster of a career while they leave discerning customers with a bad taste in their mouths.
Have you ever thought about what might happen if your customers could hear everything you were thinking during a sales transaction? Would they still want to do business with you? Would they put their trust in you? Or would they walk away even sooner? If anything would reveal your current motives for selling (whether legitimate or not), letting your customers hear your thoughts surely would. For some salespeople, that would certainly be a good thing. It would show customers that their intentions are honest and mutually beneficial. But for many salespeople, revealing their thoughts would get ugly. It might sound something like this:
Salesperson: Can I help you with something?
Customer: No thanks. I’m just looking.
Salesperson: Well, just so you know, we have a big sale going on right now on several of our new models . . . Not really, but I’m telling you that because I want you to think you’re getting a better deal than you really are.
Customer: Okay. I’ll keep that in mind.
Salesperson: Was there a particular car you were interested in? Preferably one of our most expensive models so that I can get a big commission.
Customer: Well, I’m thinking about buying my daughter an Altima for her high-school graduation gift. But I’m not sure yet.
Salesperson: Those are good cars. I used to own one myself before I traded it in for a Maxima . . . The truth is that I’ve never owned either car, but I am telling you that so that I’ll have more credibility with you when I talk you into spending your money.
Customer: I think a Maxima may be more than I want to spend right now.
Salesperson: Well, let me tell you that once I realized what I was missing, it was a no-brainer to spend a little more money to get the added safety and features that a Maxima offers. And ironically, now my daughter drives that car and loves it . . . Actually I don’t have a daughter, but telling you that helps me relate to you better and should help me talk you into buying the more expensive car, which means more money for me.
Customer: What do you drive now?
Salesperson: I was hoping you’d ask . . . I just picked up one of our new 350Zs. Talk about a great car! And if I can, I’ll try to talk you into buying that one because that’s the biggest commission I can make. The truth is that I don’t own that car either, but it will—I hope—make you think I’m more successful than I really am.
Customer: Those are great-looking cars. All right, I’m just gonna keep looking, and I’ll let you know if I need anything.
Salesperson: No problem. Take your time. Why don’t I go ahead and run some numbers on the Altima while you’re looking? That way, if you find something you like, we’re one step ahead of the game and you won’t have to spend all day here. And while I’m at it, I’ll run numbers for the Maxima and 350Z, too, so that I can try to convince you to buy one of them. In fact, I’ll make it look like you can get a great deal on the more expensive cars so that the Altima doesn’t look like your best option.
Customer: Okay.
Salesperson: Great. I’ll be right back . . . Get your checkbook ready.
Now, I know that’s only a humorous example, but many customers would hear something similar if every salesperson’s motives were audible. And that’s sad. In fact, the fundamental source of hyping is that the “default” motives for many sales professionals are money, status, and job title. The problem is that those are merely rewards for successful selling—but they can never be core reasons to sell. They are results of successful selling, but not the roots. And such motives are certainly not earnest enough to keep you consistently motivated.
If you’ve been relying on something similar to keep yourself enthusiastic about selling—if you’ve been constantly reminding yourself of the potential payoff in order to get through tough times—if you’ve been solely looking to pump-you-up products to get yourself excited about selling, without looking at why you sell in the first place—then you’re guilty of hyping. And you need to make a change before it’s too late, before the “sugar high” wears off and you feel more lethargic about selling than when you started.
In order to break free from a hyping habit, you must leverage your core motives for selling. You must look deep inside yourself and answer the question of why: Why, above every other reason, do I want to succeed in sales? And if your answer is something that can be measured externally (for example, money, position, status), you will continually have trouble remaining motivated to sell—especially when difficulties arise. That’s because how you sell (your action) is linked to why you sell (your motive), whether you know it or not.
We all have one predominant reason for why we sell. You have one motivating factor that dictates much of how, when, where, and why you go about your business of selling. And ideally that core motive drives you to new heights as a professional. But if you don’t know your core motive for selling or are mistaken about its identity, you will constantly find it difficult to remain enthusiastic to sell. And when the going gets tough, you will have difficulty doing your job each day. You will have the hope to sell successfully, but not the heart. And like many, you will eventually call it quits, whether by force or by surrender.
The breeding ground for hyping is created when you don’t take the time to understand the primary reason for why you sell. But the proving ground for hyping is cultivated when you try to pull up your proverbial bootstraps by looking externally for inspiration instead of internally where your true motivating factors exist. I found this out early on in my sales career . . .
There I was again, in the midst of another success seminar. Along with thousands of people in the auditorium, I was standing on my feet, beating my chest, and proclaiming, “I am great. I am a winner!” The energy in the room was as intense as the speaker himself. He had literally put the audience in a trance that made us feel invincible. With a booming voice he summoned us to “dream big dreams!” Again and again, he shouted, “You can overcome anything!” And I was truly believing it.
I vividly remember the speaker as he towered over his audience and told his rags-to-riches story. It would have been difficult to convince anyone there that he or she couldn’t make something big happen. With eight hours of pure exhilaration in my veins and several hundred dollars’ worth of resources at my side, I felt “programmed” for success. I was invincible. But as I would soon find out, that wasn’t enough.
As the days passed, I felt my motivation waning. All the hype that external stimulation had summoned was beginning to dissolve, and reality was setting in. After a few weeks, my success tapes sought hibernation in the backseat of my car. And before much longer, I had only distant memories of the selling energy I had come to possess that day at the seminar. While I was contemplating this reality, I stumbled upon what is now the governing axiom in my life. I finally realized that motivation can’t come from the outside. It must begin on the inside if it is to be sustained consistently.
PUTTING YOURSELF INTO THE EQUATION
Our company’s average client spends approximately $5,000 each year on products and events in order to become a better, more enthusiastic salesperson. And of all the salespeople I speak to each year, nearly one-third of them have heard me speak before. These statistics indicate that salespeople want to be successful. They want to remain motivated. They’re not just spending money on products and seminars because it’s fun. They’re in it to win. They’re look...

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