I first saw How to Become a Rainmaker by Jeffrey Fox in my friend's office, not far from boxes of Girl Scout cookies. This reminded me of how I used to sell Girl Scout cookies; always top sales in my troop. I was under the impression that I was a great salesperson. But the cookies in my friend's office made me realize that she was the one selling the cookies, not her daughter. This in turn, made me realize that most likely my father sold the cookies, not me. My father was an excellent salesperson. This book helped reinforce how much sales stresses me out and how much sales does not seem conducive to my personality.
Rainmaker reinforced the timeless fact that not only should the sales staff assure that customers want what they buy, but everyone in a business establishment must make sure that each sale was not completed just for the sake of promoting the company. When a business goes bottom-up, employees lose their jobs. It is the duty of every employee to get customers and keep them; everyone involved in a particular business needs to promote its own company. If a salesperson sold something, and the buyer didn’t really want it, that customer may blame not only the salesperson, but whole the company when they are not happy. You may lose customers that way. As a manager, this is something I would reinforce during in-service training.
Fox tells us that customers purchase for two reasons: to feel good or to solve a problem. I wasn't clear about whether feeling good included feeling good about solving a problem. I did understand that one should never make sales calls on customers unless the salesperson can answer why any particular customer should do business with you and your company. The answer must always benefit the customer. Selling just to make money may lead customers to never return. “Quantify the customers’ return on his investment in your product,” in other words, show concern for financial consequences. I add to this, mind that customers don’t always think in terms of cost, rather, think in terms of value. Therefore, Rainmakers always point out value.
“The Rainmaker shows the chain, makes it clear how the phases in the sale are linked,” meaning one should make sure the perspective buyers understand the process in its entirety. A salesperson may lose a customer if the customer buys something he wants or needs or likes, but everything about the transaction becomes a hassle afterwards. For example, a warranty was not clear, a delivery was not smooth, or a size was smaller than “small.”
A good salesperson is organized, calls only on decision-makers, (I feel as if I would not be able to identify decision makers right off the cuff) details pre-call planning, listens, encourages and takes financing into consideration. These common-sense practices are for all salespersons. They are the most important aspects of sales. The great salesperson sells more. I am too spontaneous and distracted with creative ideas for this.
Fox discusses when a receptionist uses the word “meeting” at times the salesperson cannot talk to somebody, some may perceive the term “meeting” as a euphemism and feel as the salesperson just does not want to speak with the caller. How many meetings can one person have in a day and still get things accomplished? I always feel this way hearing the word “meeting.”
Fox recommends devote time to plan your call to your customers at least 15 minutes prior to the call: create a sales objective, analyze the questions that needed to be asked, determine the closing strategy and predict surprises that might occur. When you are ready for the face-to-face, plan to have a show and tell. Fox claims you should be flexible. Having a good logistical strategy to plan your sales according to your available resources is smart. “You must determine how many sales calls ─ or gallons of gas ─ you have in your tank. You must maximize your miles per gallon, your call-to-close-ratio.” This is brilliant, says the logical side of me.
“The Rainmaker presents and helps the customer decide.” When trying to make a decision, I know I often asks friends or relatives what they think. A good salesperson should anticipate and answer questions before someone like me gets their view contaminated by the outside. If the salesperson acts friendly, and advises, he has a better chance to make the sale.
“The Rainmaker asks enough dumb questions to become the highest paid salesperson in the company.” I love that salespeople must know how to answer all kinds of questions about little details that a potential customer may ask.
“Rainmakers are akin to investigative reporters, detectives, psychiatrist, doctors, and archaeologists. They ask, probe, dig, diagnose, and listen. Rainmakers onionize to understand.” You may teach prospective salespeople how to look for these things and understand these things, but someone who does this naturally, will always be better than someone who has been taught.
“Rainmakers sell that which is different,” therefore always compare your product to the competitors’, without belittling them, and without repeating the competitors’ name. I like the example Fox gives of the Headmaster in the all-boy, private, prep-school in Connecticut, who always asks potential students with whom else they are applying, then make comparisons.
I like how Fox talks about selling when there's a likelihood of least interruptions, such as, according to Fox, Friday afternoons and in the mornings. But in today's economic environment, it could really be any time of day, or any day of the week, for any specific individual.
I found it intriguing when Fox said not to take a seat with your back to the wall in a restaurant. If you have a government position that requires clearance, you are trained that the safest place in a restaurant is far from the windows, with your back to the wall. This gives you the opportunity to view who's coming into the restaurant and to see if you might be in danger. The best seat in the restaurant is not the one with the nicest window view. It’s the one in a corner, with your back covered, where you can see everything, and may run to the exit in an emergency.
Fox advises not to drink coffee at a sales call because of distracting consequences, such as spillage. I agree, but amend this recommendation, reminding people that some people don’t like coffee nor it’s smell. Modern coffee shops have a variety of ingredients, which mean more smells. One must be careful not to offend a customer’s olfactory senses. Same with restaurants. Don’t take a vegan to a steak joint. The smells will literally sicken them and make them imagine dead, dying and tortured animals; they will associate this experience with you and your product.
The objectives of the book are to keep customers. Fox says “Rainmakers know that the sale cannot be made until every customer concern, no matter how trivial it seems, is satisfactorily handled.” One of the weaknesses of this book is that it jumps around from how to keep customers to how to get customers. I think it would be better if it were organized.
The important things Rainmaker teaches are to always put yourself in the customer's shoes, to be knowledgeable of your product and your competitor’s product, not to make excuses. Fox suggests to plan ahead and to take pride in yourself, in your work and in your product. Although this book most likely spurred on many sales for many salespeople, I shudder at the thought of making a direct pitch to people. I love coming up with new ideas and designs. I like designing and writing presentations, scripts, short films, posters etc. I even like coming up with pitch ideas. But, I don't like to sell myself. Reading this book didn't change that. I wish it did.