Search This Blog

Monday, July 5, 2021

New to Copier Sales: Sales Lessons Learned in the Last Year




I’ve been saying for almost 12 months that virtual selling and remote work is the wave of the future. I’ve also predicted that few people will go back to the office to work — which as you know will greatly affect your ability to sell copiers.

Well, ladies and gentlemen, I’m prepared to say that I was wrong with my prediction on how few people will come back to the office because some major corporations have announced a back-to–the-office policy. Companies like Bank of America, Wells Fargo and T. Rowe Price are announcing policies, and predictably, so are large commercial property firms. Any company with an interest in commercial real estate, office space and financing encourages everyone to come back to the cubicle.

This is counter to what happened over the last 12 months. Revenues for companies that operated during the pandemic went through the roof.  Productivity for work-from-home employees increased by double digits. Employees were happier, reconnected with their family, ate fewer cold dinners, and never missed a soccer game.

However, this didn’t bode well for people who make a living renting office space, running parking lots, or selling copiers.

People will be coming back to the office, but does this mean they will be buying more copiers?

Probably not. But the gift ...read the rest here.

Tuesday, May 18, 2021

"Nobody Wants To Work."




Maybe, if you treated employees better when they were working for you, they'd come back to you today.

"We can't find any good employees and we're just starting to come back."

"People do not want to work and who blames them? They can stay at home and make just as much as I would pay them!"

Well then, maybe you should pay them more.  Maybe you should have valued them more when they did work for you.  Maybe, you shouldn't have demanded they stay late, and miss their kid's soccer game.  

"Our employees don't want to come back to the office.  They are the least engaged."

Could it be that after nearly 100 years of office work, everyone is recognizing that engagement with a corporation is a one-way escapade?  

That corner office, 401k, and 12 days of vacation are all part of the trap.

Companies have convinced employees that long commutes, cube farms, terrible co-workers, hostile working environments, company policies that defy logic, 2.5% pay raises, overtime, water coolers, ping-pong tables, and company half-barrels are worth the cold dinners, missed little league games,  red-eye flights, brainless managers, and corporate disloyalty.

They've convinced you that your worth is determined by who you work for, how many hours you put in, and how loudly you tow the company line.  They had you believing that if you worked anywhere but under the florescent sting of an open floor plan, you wouldn't get anything done.

Remember the companies who just 12 months ago were saying, "We're all in this together.  We want what's best for all our employees." and are now treating the same employees like nothing happened you are shameful.  They worked in a completely unfamiliar environment and learned more about technology, human-to-human communications, and getting things done than a dozen of your "corporate training sessions" could ever muster.

Your revenues went through the roof.  Company travel costs approached zero - no client visits, no hotel, dinner, or drinks on the expense reports - FOR A YEAR.  Sure, bigger companies still paid rent - but utility costs tumbled, and what about all those government loans?

Every one of your employees who worked at home deserves a HUGE increase in salary, a bonus, or both and you know it. 

Additionally, the mantra, "Everything has changed because of the fear of COVID-19." is true - so why are you going to manage your workforce the same way you did in 2019?

But if we let our employees work from anywhere, we'll lose that personal touch and will kill our corporate culture."


Personal connection in the business world is a fallacy - it does not and can not exist.  Any bond established under the influence of business transactions is by definition, impersonal.  All the relationship-building, all the dinners, lunches, and drinks spent with a client or prospect are designed with one goal in mind, get their money into your pocket. 

Don't play the "personal touch" card in an effort to force employees back to the cages. 

By the way, working from anywhere doesn't kill the corporate culture, it IS corporate culture.

The argument for returning office workers back to the office revolves around:
  1. A need for centralized management is built on mistrust and insecurities.
  2. The Luddite view of "getting back to normal".
  3. An effort to bolster commercial office space return on investments.
We are witnessing the struggle between indenture and freedom; between value and being unvalued.

The good news is that your skills are transferrable to organizations that want to be part of the future and understand monolithic structures of management are part of a bygone era.  Find those companies and go work for them - from anywhere on the planet.

Cheers!





Friday, May 14, 2021

The Age of the Introvert Salesperson



Sales has changed. You remember how it used to be, right? Waiting in the lobby for that big appointment. Impersonal boardroom meetings.  You sat across the table from each other; you didn’t tell him too much and he didn’t give you any clues as to what he was thinking.

You bantered and built trust through non-verbal communication techniques — the ones you read about in the sales book du jour.  Or maybe during a sales meeting, one of the more seasoned professionals imparted you with knowledge. “Pace your prospect,” he told you. “When he leans in, you lean in. When he crosses his arms, so do you.”

Your presentation skills involve walking the room, waving your hands, smiling, nodding, looking people straight in the eye. All this comes easy for you, doesn’t it? You are an extrovert.

Back in school, you were the center of attention.  You have no fear of attending parties by yourself. Peers, prospects, and colleagues consider you outgoing and engaging. You’re boisterous, lively, energetic, entertaining, maybe charming.

Friends and family have been telling you for years, “You’re such a people person, you should go into sales.” So one day, you took their advice and jumped into the sales profession.

Read the rest, here.

Tuesday, May 4, 2021

If Your Company Wants You to Work in The Office - Quit.


Updated June 21, 2021

"Getting back to normal" is the new mantra.  

True, people are sick of fearing Covid19 and want to get back to business. Also true is the undebatable fact that Covid forced you to work for home and you loved it.  While at home, your productivity went through the roof as middle management lost the traditional facilities of control.

You've proven yourself more productive. You are a Zoom Room king.  Heck, over the last 12 months, you've learned more things than in the past three years.

You're happier now, aren't you? No 10 hours a week commute.  You've reconnected with your kids and missed fewer dinners.

Above all, you helped the company get through the largest global catastrophe ever.   That's right.  You weren't "lucky" to have a job.  Your company was most fortunate to have YOU there.  Through all the challenges, changes, insecurities, and unknowns, you were loyal to the company.

And how does your company reward your loyalty?  

They tell you to "Come back in, but stay six feet apart, get tested, and get the jab...", drive back and forth, miss your kids' games, let your dog whine, remain in a frazzled state of mind, and go further into debt.  

Monday, April 12, 2021

Can We Get Rid of Quotas?


The selling profession after Covid19: 
"We have to start doing what was said we were doing but never did."

We're all talking about the "new" ways to sell.  

Covid19 is forcing galactic shifts in the way we do business; from the back-office to the sales trenches. What I find striking is the more we talk about what needs to be done in a post Covid19 sales engagement, the more we find the basic selling skills apply more than ever.

Here are a few of the concepts and skills presented over the decades regarding sales and selling:

  • Build Trust
  • Attract Like-Minded Prospects
  • Consult
  • Be the Trusted advisor
  • Increase Your Business Acumen
The books, lectures, and classes of the past decades all told us to be more a consultant and experts in our industry. Lately, in the last decade, salespeople have been told to become thought leaders, create content, find a 'good match', and help the prospect in their purchasing journey.

We've been saying it for decades.  These are basic skills. Now is the time to ACTUALLY do what we have been saying we do.  Engage the basics, and get to the root of the art of selling.  Once we do this, virtual selling will return to 'Selling'.

Friday, March 19, 2021

It's Time to Refresh Your Website, isn't it?


Q1, 2021.  Covid19 is magically fading and people are starting to break out of their homes and hunker-down mentality.

We don't know how the next 18 months will pan out.  Certainly, 2021 will be nothing like 2019.

The business to business realm is pivoting and re-aligning everything from employee work environments to remote customer engagement protocols.  Everyone, providers, and customers are considering the following aspects for the 'new way':
  • Remote work
  • Remote customer engagement
  • Social selling
  • Video
  • Omnichannel approach
  • Introvert vs. extravort
All dynamic issues.  The question arises, with everything that's changed in the last 18 months and all that will in the next, why is your website stuck in the year 2019?

Consider this:  prospects are going to the web daily, you understand this fact - most prospects know more about you BEFORE reaching out to you directly.

The bedrock of your web presence is your dot Com, you're website, and here's why you should consider and re-build your website:
  1. Business has changed
  2. Common and shared struggle 
  3. Changes in Facebook and Google
Changing times -

Before Covid19, your web presence supported the face-to-face customer experience, now it is reversed.  What you say and do online, drives how customers feel about you.  A screen does not convey the same emotion as "belly to belly", but emotion does get through and it is easier if your prospect feels confident BEFORE the Zoom session.

Common disaster - 

Covid19 was and still is a struggle.  The impact will be felt for the next couple of decades.  Unlike a hurricane, earthquake, or tsunami, EVERYONE experienced the Chinese flu.  We all went through the same struggle.  Your prospect might around the corner or on the other side of the globe, they went through this just like you have. 

This is a bonding experience like never before.  Tap into this energy with an authentic approach.

Facebook and Google Are Not Your Friends -

You are not their customer.  You are the product. One of the millions.  In 2021 both FB and Google are changing their algorithms and hiding end-users from potential sellers.  This is a move towards privacy much like Apple just implemented.  Apple is blocking user data from data collectors and marketers - it is going to be more difficult to reach prospects directly - you're going to need to ATTRACT new relationships.  Enter your circa 2018 website.  Ug.

Here's the deal.  Websites are considered primarily static; once created, they never really change that much.  Environments like Facebook, allow for up to the minute updates and announcements, but your audience is controlled.  Search results on Facebook may include your competition.  Also, customer relationships on Facebook are a bit shallow, which is fine for selling crafts and old sneakers.

I've always felt we never maximized the website experience.  I believe that a company website should be an immersive environment, not a billboard sign.  Of course, over the decades, this is exactly what has happened.  Most corporate websites are single dimension advertisements that brag and beg attention. 

The post-Covid19 era is the perfect time to reconsider your website and your overall web presence.  Reach out to me today and let's get started. Greg@grwalters.com 

Tuesday, March 9, 2021

New to Sales: The Pandemic Paradox

 




Here’s the big paradox of the COVID-19 pandemic — the lockdowns and remote get-togethers have made us more connected. Online sessions reveal more humanity than big, important meetings around the oak table in the executive conference room. Even with all the challenges, bad audio, odd camera angles, and clumsy mute buttons, we’ve seen more of our prospects and customers than ever before. 

Think about it. 

How many kitchens, dens, and home offices have you seen since March of 2020? Have you met clients’ and coworkers’ pets and children? Of course. Have you seen paintings, books, sports memorabilia, and messy desks? 

Yes, you have. We all have. Web meetings, with cameras on, give us the chance to be vulnerable and connect with prospects and customers on a deeper level than before COVID-19. 

Vulnerability is foundational to building a bond, establishing rapport, and creating a solid relationship. And what can be more vulnerable than inviting the CEO of your biggest prospect into your home? One of the many “silver linings” of the pandemic is the ability to see more of our customers’ lives. Who would have thought that physical separation could bring us closer? 

It is counterintuitive, ... read the rest here.



Friday, February 5, 2021

Five Points to Remember When Working with Virtual Buyers



For all the content generated about virtual sales over the last year, it seems few are teaching companies how to make a purchasing decision in this new realm. 

 For decades, the “art” of selling has been taught to thousands of salespeople. Every company, from real estate, computer hardware, and software to luxury submersibles and automobiles incorporates some level of sales training. But other than learning spreadsheets and comparing pricing, few have put together a standard approach to purchasing in the virtual reality. 

Friday, January 22, 2021

Five Approaches for Virtual Selling


Virtual Selling is The Queen’s Gambit

...For everything that is common between then and now, here are a few of the most profound differences between 2007 and today: 

Life is more online – The online life is ubiquitous. There is no longer “virtual selling”; it is simply selling. 

Physical cues are no longer viable – It is difficult to get a “read” from your prospect, and projecting confidence and professionalism require more than a suit and tie. 

Less formal – Work from home means kids and pets can interrupt your meeting and that is OK. In a strange way, virtual selling allows us to be more human. 

Ad hoc – You can move from the phone to a video demo or needs assessment in minutes. “Do you have...

Read the rest here

Wednesday, December 16, 2020

The Future of Our Business – This is the Way



In February 2020, COVID-19 crept into the United States, bringing with it lockdowns and work from home; the mood was cautious yet a bit giddy. Months later, the business landscape had shifted underneath us like never before and the copy and printing industry was getting kicked in the shins, gut-punched and was taking uppercuts to the jaw. What was before COVID — shrinking volumes, lower unit sales and layoffs — moved five to 10 years into the future in just two quarters. Some say the overall rate of change was 15 years in 30 days.

Today, print volumes are facing unbearable contractions in recurring monthly volume. Sure, the gears of sales are slowly grinding forward, helping some businesses hang on – but nothing like 2019, let alone 1999. Indeed, like a bad memory, “price” is the biggest obstacle and “transactional” sales are the norm — and those are words nobody in this industry likes to hear. 

Some dealers have jumped on the personal protection equipment bandwagon. While not a bad stopgap approach, it’s not a long-term solution. Hope for things getting back to normal is fading. 

 What is “normalcy”? It refers to the return of a status quo, and if there is anything the past 10 years have shown us, the status quo is a slow death. Yesterday’s ideas restrict growth and innovation. Still, some believe in a return to normalcy in copier and printer usage. This is not going to happen. 

We are entering a variance of the “long tail” period.  Demand approaches, but never reaches, zero. A smaller set of providers can sell on the curve to a smaller set of customers at a profit.  

 It goes without saying that predicting anything nowadays is nearly impossible.  But here are my prognostications based on the last eight months.

Read the rest, here.


Contact Me

Greg Walters, Incorporated
greg@grwalters.com
262.370.4193