1 00:00:02,340 --> 00:00:05,880 Ian Altman: Ian, welcome to the Same Side Selling podcast. I am 2 00:00:05,880 --> 00:00:14,040 your host. Ian Altman, so this is the time of year where we 3 00:00:14,040 --> 00:00:17,940 spend a lot of time with channel sales organizations, and I'm 4 00:00:17,940 --> 00:00:21,260 often honored to come and speak to organizations where they 5 00:00:21,260 --> 00:00:24,140 bring together everyone in the organization. They bring in 6 00:00:24,140 --> 00:00:27,560 their manufacturers, reps or independent third parties. They 7 00:00:27,560 --> 00:00:29,960 bring in their business development people, their 8 00:00:29,960 --> 00:00:33,500 regional managers, their product people, all together to get 9 00:00:33,500 --> 00:00:37,460 excited, and they're gonna talk about their new product 10 00:00:37,460 --> 00:00:41,560 offerings to get people really excited and pumped up about this 11 00:00:41,560 --> 00:00:46,000 new stuff they're coming out with that's going to potentially 12 00:00:46,000 --> 00:00:50,980 change their industry. Well, maybe not, but that's the story 13 00:00:50,980 --> 00:00:54,460 that we tell everybody is, wow. This is going to be pivotal. 14 00:00:54,520 --> 00:00:58,900 It's going to change everything as you know it, each team member 15 00:00:58,900 --> 00:01:02,520 that you have, of course, wants you to dedicate an hour. The 16 00:01:02,520 --> 00:01:05,100 product managers want to come in. They want to spend an hour 17 00:01:05,100 --> 00:01:09,180 talking about the new features, the new capabilities, on why 18 00:01:09,180 --> 00:01:11,400 everyone's world is going to change because of this 19 00:01:11,400 --> 00:01:15,300 capability. It's usually something that's a very small 20 00:01:15,300 --> 00:01:20,400 feature change, but we believe that it has changed the world. 21 00:01:20,820 --> 00:01:24,200 Are you asking the right question, though, are your top 22 00:01:24,200 --> 00:01:29,240 performing reps, whether they be independent manufacturers reps, 23 00:01:29,240 --> 00:01:33,020 or whether they be your sales reps? Are they the ones who have 24 00:01:33,020 --> 00:01:36,620 the most extensive product knowledge, or the top 25 00:01:36,620 --> 00:01:40,540 performers, the ones who know best how to solve client 26 00:01:40,540 --> 00:01:44,320 problems, how to uncover opportunities, how to ask the 27 00:01:44,320 --> 00:01:48,280 right questions to get your clients to say, Wow, I need this 28 00:01:48,460 --> 00:01:51,100 better than the alternative product that's out in the 29 00:01:51,100 --> 00:01:54,820 marketplace. And what we find is that the top performers tend to 30 00:01:54,820 --> 00:01:57,880 have the greatest sell sales skills. They tend to ask the 31 00:01:57,880 --> 00:02:01,500 best questions. They tend to have the greatest curiosity to 32 00:02:01,500 --> 00:02:07,200 uncover opportunities, rather than necessarily just having a 33 00:02:07,200 --> 00:02:11,640 ton of new product knowledge. So if you want to introduce new 34 00:02:11,640 --> 00:02:14,580 products, and you have new products to introduce, here's 35 00:02:14,580 --> 00:02:17,880 what I would suggest you do instead, instead of spending 36 00:02:17,880 --> 00:02:22,220 time talking about the features and benefits and capabilities of 37 00:02:22,220 --> 00:02:25,760 this new product. Instead, have your product managers talk 38 00:02:25,760 --> 00:02:29,600 about, why did you introduce this product to begin with? What 39 00:02:29,600 --> 00:02:32,900 was the demand in the marketplace? What problem is it 40 00:02:32,900 --> 00:02:37,340 designed to solve, and what questions should you be asking 41 00:02:37,340 --> 00:02:40,840 as a rep to uncover the need for that product out in the 42 00:02:40,840 --> 00:02:45,160 marketplace. So if you have a feature that, let's say, has to 43 00:02:45,160 --> 00:02:50,200 do with HVAC equipment and how you hang metal, or whatever it 44 00:02:50,200 --> 00:02:54,280 is, how you hang wires, then you better talk about, here's what 45 00:02:54,280 --> 00:02:57,100 it does for installers that actually makes their life better 46 00:02:57,160 --> 00:03:00,540 and reduces risk. You can't just say, well, here's something that 47 00:03:00,540 --> 00:03:03,960 improves sheet metal or here's a new thing we want you to buy. 48 00:03:03,960 --> 00:03:06,060 You have to explain to the customer what they would be 49 00:03:06,060 --> 00:03:09,180 looking for. Say if you've been frustrated with XYZ, ABC in the 50 00:03:09,180 --> 00:03:12,600 past, here's a way to solve that we found in our tests and our 51 00:03:12,600 --> 00:03:16,800 studies. It reduces labor by 15% and reduces rework. Well, that's 52 00:03:16,800 --> 00:03:20,660 a reason to buy it, not just the capability in itself. You also 53 00:03:20,660 --> 00:03:24,920 want to solicit info in advance from your attendees that says, 54 00:03:25,220 --> 00:03:28,580 Where are deals getting stuck? Where are we having problems out 55 00:03:28,580 --> 00:03:32,540 there in the marketplace? What can the company do to reduce 56 00:03:32,540 --> 00:03:36,980 friction and make it easier to do business with us compared to 57 00:03:37,040 --> 00:03:40,180 other brands? Because now we're getting insight from them that 58 00:03:40,180 --> 00:03:42,880 says, Wow, these guys actually care about what it's like to do 59 00:03:42,880 --> 00:03:46,240 business with them. That's great. Now I understand where 60 00:03:46,240 --> 00:03:49,360 the real value is. You also want to think through what can some 61 00:03:49,360 --> 00:03:52,660 of those responses be? Someone might say, well, your stuff is 62 00:03:52,660 --> 00:03:55,660 more expensive. If we get that in advance, we can say some 63 00:03:55,660 --> 00:03:58,480 people have said it's more expensive. Here are three case 64 00:03:58,480 --> 00:04:00,960 studies of why, even though it's a little bit more expensive, 65 00:04:01,140 --> 00:04:04,620 people get a better result from this. How are your results 66 00:04:04,620 --> 00:04:06,900 different? And now people go, Oh, that's a good point. Yeah. I 67 00:04:06,900 --> 00:04:10,080 guess it does make sense that it is more expensive because we get 68 00:04:10,080 --> 00:04:13,980 a better outcome. If you want to get top results for your team, 69 00:04:14,340 --> 00:04:17,940 take a look at these Same Side, Selling Academy. Just visit same 70 00:04:17,940 --> 00:04:22,400 side, selling.com to learn more. Create different role play 71 00:04:22,400 --> 00:04:25,760 scenarios with the attendees, so you can model great 72 00:04:25,760 --> 00:04:29,960 conversations and outreach techniques that drive results 73 00:04:29,960 --> 00:04:32,960 for everybody. So you can say, look, here are ways to start the 74 00:04:32,960 --> 00:04:36,020 conversation about this new offering. Here are ways to get 75 00:04:36,020 --> 00:04:38,840 people to consider switching from what they've used in the 76 00:04:38,840 --> 00:04:43,180 past to our solution. And then finally, ensure that the 77 00:04:43,180 --> 00:04:48,040 attendees leave the event with actionable plans to reinforce 78 00:04:48,040 --> 00:04:52,420 the concepts, and then set up a mechanism to reward ongoing 79 00:04:52,420 --> 00:04:56,560 engagement, so you can create video based ongoing education. 80 00:04:56,560 --> 00:05:00,180 Hey, we're gonna pull everyone together in a zoom session. And 81 00:05:00,180 --> 00:05:03,000 we're going to discuss this, whether it's zoom teams, Google, 82 00:05:03,000 --> 00:05:06,900 meet, I don't care, just some way for people to maintain 83 00:05:06,900 --> 00:05:11,460 connectivity with each other and practice these skills. So 84 00:05:11,520 --> 00:05:14,100 instead of showing up and saying, Here are new products, 85 00:05:14,100 --> 00:05:16,500 here are new capabilities, here are the features and benefits, 86 00:05:16,800 --> 00:05:22,160 instead remember, start with, here's this new product. Here's 87 00:05:22,160 --> 00:05:25,760 the demand in the marketplace that prompted us to create this. 88 00:05:25,880 --> 00:05:29,720 Here are the questions to ask to determine if your customers 89 00:05:29,720 --> 00:05:33,920 might need this. Here's a way to start that conversation. Then we 90 00:05:33,920 --> 00:05:37,100 want to understand where they're getting stuck today so we can 91 00:05:37,100 --> 00:05:40,160 accommodate that and where we have friction in our process 92 00:05:40,160 --> 00:05:43,300 that makes it harder or easier to do business with us, so 93 00:05:43,300 --> 00:05:45,940 they're more inclined to do business with us than others. 94 00:05:46,120 --> 00:05:49,300 Then we want to role play these different scenarios. Give them 95 00:05:49,300 --> 00:05:52,480 tools to maintain connectivity with us going forward and 96 00:05:52,480 --> 00:05:56,440 continue their education. See we can share all the information 97 00:05:56,440 --> 00:05:59,560 about product features and capabilities via video we just 98 00:05:59,560 --> 00:06:03,300 send out, but these types of interactions, practicing real 99 00:06:03,300 --> 00:06:06,900 life sales, sales scenarios, those are things that work best 100 00:06:06,900 --> 00:06:09,780 when everyone's in a room together, working on it, and 101 00:06:09,780 --> 00:06:13,020 that's where we'll invest our time. And the people who do this 102 00:06:13,020 --> 00:06:15,720 are driving dramatically better results than the people who 103 00:06:15,720 --> 00:06:18,720 aren't. These are all concepts that we have the benefit of 104 00:06:18,720 --> 00:06:22,220 experiencing every month in the Same Side Selling Academy, in 105 00:06:22,220 --> 00:06:25,040 our Coaches Corner, where people are raising different topics, 106 00:06:25,220 --> 00:06:28,940 role playing them, and getting real live feedback that improve 107 00:06:28,940 --> 00:06:32,120 their outcomes. So if there are topics you'd like me to cover, 108 00:06:32,120 --> 00:06:35,780 just drop me a note to Ian at Ian altman.com We'll see you on 109 00:06:35,780 --> 00:06:39,080 the next episode of the Same Side Selling podcast. So long 110 00:06:42,860 --> 00:06:42,980 you