Like Daniel Pink's To Sell is Human, but with more compelling stories.
When we sell we are forced to confront the truth about ourselves. What we are willing to do for a buck: the way we present ourselves to different people in different settings to different ends; the extent to which we mix our personal with our professional relationships. There are no right or wrong answers to these questions, but whatever answers we decide upon determine much about who we are and our chances at personal success.
From Majid, a morrocan salesman:
You judge a good salesman when he buys. The profit is not when you sell, it's when you buy. You make a profit the moment you buy. Only losers wait till they sell to make a profit. Everyone is always ready to buy or sell, it's just a question of asking.
You are like a beggar in sales, asking again and again all day. You never get upset. Of course, sometimes you have customers and you want to kill them. But you're not allowed to.
As salespeople, you look at everyone. But often customers don't even look at salespeople, they treat them like dirt. But if you stand there and watch and listen, you can learn a lot about the customer. The salesman who interrupts and waves his hands about has another twenty years of learning to do.
Accurately perceiving the motivations of a customer then, is just as important as understanding what product they want (e.g. when they equate 'the best' to mean 'the most expensive'.
Infomercials are a kind of highly targeted focus group, by which you can test products and methods of selling them.
Close by creating a sense of great value and scarcity. "Act now!" "For the low low price of only $19.95!"
More respect is giving to marketers rather than salespeople, even though when you give them something to sell they'll come back saying this was wrong, that needs to be changed. Such a mindset leads to a dreary homogeneity.
For Wynn (of the vegas hotel/casinos), storytelling as a means of getting employees to feel good about themselves through their work and provide superlative customer service as a result is like 'splitting the atom'.
When firms hire salespeople, they should be looking for a willingness to fail, rather than a track record of success. If they have only tasted success they've led a sheltered life and will soon crumple under the personal assault inevitable in any sales job.
Mcmurry: The single most important trait in any salesperson is the wooing instinct. This individual has a compulsive need to win and hold the affection of others.
In the absence of thousands of people with those rare wooer traits, the best a company can do is create platoons of highly trained actors, memorising lines and responses to likely scenarios.
The challenge in finding good salespeople is that you need excellent empathizers who aren't so emphathetic they can't close a sale. And you need people with strong ego needs who can still take a moemnt to figure out what another person wants. They must be aggressive enough to close, but not so aggressive they put people off. Too much empathy and you're a nice guy finishing last. Too much ego drive and you'll be scorching earth everywhere you go.
To do it well, you must believe the work will change you. You must expect it.
No one wakes up in the morning and thinks "I want to buy an advertisement. They think "I have a perception to change. How do I best do that?"
Rather than feel inhibited by strict but murky social rules, you must try to discover that there is in fact a wide range of acceptable behaviors for any social situation. You don't need to be the same as everyone else to succeed. You need not be ruled by your fears.
The opposite of courage is not cowardice, it is conformity.
People who qualify are looking at people for their wallets. Make a friend and they'll give you their wallet.
Ritual and habit provide the smooth craft in which to navigate the turbulence of life, whether it is a hitter's poor hitting streak or the effort to build postapartheid South Africa (Mandela making his bed everyday).
People who want to work can find it even in a recession. You just have to get your prices right and adjust your expectations. But you have to keep working, to keep the energy levels around you, to attract more work.
To be a good salesman, you have to be good at taking blows, dealing with other peoples' problems.
Madoff gave everyone a reality check. For decades people were ready to buy what he was selling because they so wanted it to be true. He woke the country up to what was going around everywhere, people avoiding reality and buying fantasies.
When you are selling a familiar product again and again with slight adjustments (e.g. iphones) you can depend on marketing. But when you have a new, unproven product of dubious economic value (e.g. art pieces), you still have to sell.
Spirituality was not about finding inner peace, but approaching truth, however brutal it might be.
The process of becoming a better person, and a better salesman, is not hard to understand. There is no magic to it. But doing it, day after day, with unremitting effort, distinguishes the extraordinary from the ordinary.
Selling is as much about mustering resources and support within your own company as it is about gathering these things from your customer (meeting customer demands). The customer is offering $75 million for your product, but in order to get to that price, you have to secure concessions from different branches of the company, the finance division, production.
Sales is based on collection, not billing.
I trust people and move on. Sometimes you'll be wrong. But people who do it the other way are missing the good part of life.
The learning-oriented approach environment works when you do need salespeople to build trust, to act in your company's long-term interests, to persevere in the face of difficulty and establish real relationships with customers. Applied in the wrong setting though, it can lead to a lazy, excuse-filled culture where sales are constantly being delayed and long-term profits are never realised.
The skill Martin Shanker most wanted his kids to learn was the ability to meet their own needs. Selling is a crucial part of meeting one's own needs.
A salesperson's job is to get you to buy something. It's not their job to be your best friend. The need to sell has to win out the need to be liked.
If you're looking for a reason to sell, satisfying other people's psychological needs seems more interseting work than pushing product.
e.g. the way an elevator changes the pricing of the floors of a building. Without one, the ground floor is the priciest, being the most accessible. Put an elevator in and the top floor takes over. You're not selling an elevator, you're selling the view.
An unhappy customer always trumps a board of venture capitalists. - Don Valentine, VC
If nothing else, selling is an endless confrontation with truth, the truth about yourself and others. It is raw and uncomfortable and personally exposing in a way other business functions rarely are.
To sell well, free of unnecessary inhibitions, is to confront the truth of what moves us - and then to turn it loose.