"It was the
best of times, it was the worst
of times; it was the age of
wisdom, it was the age of
foolishness; it was the epoch of
belief, it was the epoch of
incredulity; it was the season
of Light, it was the season of
Darkness; it was the spring of
hope, it was the winter of
despair; we had everything
before us, we had nothing before
us; we were all going directly
to Heaven, we were all going the
other way."
-- Charles Dickens
Without
question, most salespeople
recognize they are now
experiencing "the worst of
times," but with the right
strategy, skills and effort,
this can also be "the best of
times."
A chance conversation with a
sales representative for a medical equipment
manufacturer helped me gain a deeper
understanding of the frustrations that many
salespeople, especially business-to-business
salespeople, are facing at this moment in a
very tough economic environment. I didn't
take notes, but the conversation went
something like this:
"How's business?" I asked.
"Non existent," he replied.
"What do you mean?"
"I mean no one is buying
anything. Everyone's budgets have been
frozen or cut. Purchase orders are being
cancelled. And I'm lucky if I can even get a
face-to-face. No one wants to talk to a
salesman right now, except maybe to
re-negotiate or cancel a contract. That's what I mean by
'non-existent.' There is absolutely no
business to be had."
Now, over the course of a
plus-20-year career coaching and training
salespeople, I've heard versions of this
lament hundreds and hundreds of times. And
to be frank, most of the time it was simply
a case of the salesperson not having the
skills, knowledge or expertise to sell in a
particularly challenging situation. And my
job was to help them acquire the needed
competency. Or occasionally to help them
find a new (non-selling) career if they
weren't able to develop new capabilities.
So I am naturally skeptical
when I hear a salesperson say "There is no
business to be had," but I also know we are
facing one of the toughest business
environments ever, perhaps the greatest
economic downturn of our lives.
A week later I was having
another conversation with a salesperson
whose market is among the hardest hit -
residential real estate - yet surprisingly,
she is having a pretty good year. Naturally
I was interested to learn what she was doing
to drive sales growth, and it turned out
that she had a very specific strategy. She
isn't comfortable with me sharing many of
the details (she called this her "secret
sauce") but the important point here is that
she didn't just assume that a tight economy
had to result in a financial downturn for
her personally.
She decided to out-think,
out-strategize, and out-sell her
competition. And that is exactly what she is
doing. My conversation with her prompted me
to reach out to hundreds of salespeople in a
variety of markets and industries, many of
whom I have been involved in training or
coaching over the years. What I was looking
for were stories and specific examples of
salespeople who were managing to "sell up"
while the economy is drifting downward.
Of course the
truth is that the majority of
salespeople I spoke with are
having a very tough time. And
among the few who are
experiencing good sales growth,
many of those are not actually
driving the growth - they are
either benefiting from a unique
product niche or some other
business strategy that does not
really involve them.
But I did manage
to find a number of salespeople
who were truly driving sales
growth upstream, against a harsh
economic back current. And I
began capturing their stories in
a blog, which you can access at
www.blog.sellupinadowneconomy.com
I've been gathering stories
and posting them to this blog for more than
six months now, and I have become convinced
that any salesperson, in any market, can
drive sales growth. Even in the very
toughest economic times, it is possible to
make it happen. Of course it does mean that
you have to be more creative, innovative,
and aggressive in your sales approach.
I've seen that most
salespeople try the "work harder" approach,
but while working harder may be part of the
answer, it isn't the most important part. I
encourage you to read the blog and maybe
even post your own success stories.
  
Shameless plug: We've
compiled many of the best success stories
and strategies into an audio CD program
titled
Sell Up in a Down Economy and this may
be just the resource you need to drive sales
growth during tough times..
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