Find a routine that works.
Speaker AYeah, that routine has got to include prospecting every single day.
Speaker BAbout a month ago we did a TIA Lunch and Learn, you know, webinar series with the TIA education department and it was titled how to sell in a Soft Market.
Speaker BAnd for those that don't know or for those that are outside the logistics industry, you know, our market is a little bit tougher to get new clients right now and so we wanted to help the industry out and help other logistics professionals land new business and close more deals.
Speaker BWhen it comes to that, man, what like, what are like one question that we always get is the lead generation piece.
Speaker CRight.
Speaker BSo what are some ways that brokers can lead generate to help themselves out?
Speaker AYeah, it's something that you have to do very, very consistently.
Speaker AYou can't take a month off from prospecting in Legion and just expect to jump right back into it.
Speaker CYeah.
Speaker AYou know, it's like exercise.
Speaker AYou're going to get out of shape and rusty if you don't do it.
Speaker ASo Legion, you mean I can't have.
Speaker BLike a three hour workout, just one day a month?
Speaker AThat doesn't make up for being a slob for a month?
Speaker B29 other days, man.
Speaker AWhen it comes to Legion, it's everywhere.
Speaker BYeah.
Speaker ALike you have to be open minded about where opportunities lie.
Speaker CRight.
Speaker AYou know, networking, driving, just look around, you know, going to the store, driving referrals.
Speaker AWho do you currently work with?
Speaker AYou know, if you're in the industry and you're, you're brokering and you're working with shippers and you're doing a great job for them, ask them who they work with or ask them who they know.
Speaker CRight.
Speaker ASee what type of introductions they can make for you.
Speaker AYeah.
Speaker AYou know, if you turn on the tv, you'll see a commercial.
Speaker BYeah.
Speaker AMajority of the time they're moving products so legions everywhere.
Speaker AAnd if you have a CRM, if you're a large part of a larger company and you have a CRM, which most companies do, you know, small to large, like most companies, sales companies have them.
Speaker BYeah.
Speaker AUtilize your CRM.
Speaker AThere's a lot of leads that are already in there.
Speaker ABut when you're lead gen, you want to be focused on a specific industry so you're not all over the place when you're actually calling and selling.
Speaker ASo whether it's food and bev manufacturing, produce, building materials, that will help you focus your pitch and your approach because you'll be able to have a client profile on the challenges that they face and what type of value you can Bring to them.
Speaker ASo you know what, in terms of Legion, like, what.
Speaker AWhat am I missing?
Speaker AWhat other opportunities are there for Legion?
Speaker BYou nailed a ton of them, and I think there's a lot where they're right under our nose.
Speaker CRight.
Speaker BAnytime that you go to the grocery store or you go to a retailer, those products have to get there somehow.
Speaker BAnd 72% of this country has moved on a truck.
Speaker CRight.
Speaker BSo what does that mean?
Speaker BLike, those products had to get in the store, on the shelf at the grocery store at some point.
Speaker BI love this.
Speaker BRight.
Speaker BI call it, like, back to basics.
Speaker BProspecting and taking that product, flipping it over, snapping a picture of the product, where they're from, calling them on the following Monday.
Speaker CRight.
Speaker BI love that stuff.
Speaker BI know you do it all the time at Costco.
Speaker AMy wife gets so pissed.
Speaker ASame.
Speaker AWe go out to eat and start talking small, talking with people.
Speaker AShe's like, can you just, like, enjoy your time with me?
Speaker AFinding out what they do for a living so you can ship their products, but go on.
Speaker BYeah.
Speaker AWhat do you do?
Speaker BYou a shipping manager?
Speaker ADo you know any?
Speaker BRight, right.
Speaker BNo, I think that that's the back to basic stuff is it's right in front of your notes.
Speaker BRight.
Speaker BAnd, like, one thing I remember, this was early, like 2009, 2010.
Speaker BBut that was always encouraged.
Speaker BRight.
Speaker BGo to the store, have a notepad, write stuff down.
Speaker BNowadays we have smartphones.
Speaker BBack then, I probably had, like a flip phone.
Speaker BRight.
Speaker BBut like, you know, the smartphone, snapping a picture.
Speaker BNow, at the end, like at the end of a grocery trip, I probably have 150 leads that I can call on Monday or do some more research to figure out what parent company are they with or, you know, where are they shipping product out of.
Speaker CYeah.
Speaker ASo you have your leads.
Speaker AYeah.
Speaker ALet's say you find your sweet spot.
Speaker AYou know, if you train, like most brokerage, you'll come in and train.
Speaker AIf you don't have experience, you'll learn under, you know, more tenured broker.
Speaker ASo if they're moving, you know, proteins or produce or whatever it may be, you tend to gravitate towards that commodity.
Speaker BRight, Right.
Speaker ASo let's say you're running produce and you go and find 100 leads.
Speaker AProduce all over the country.
Speaker BYeah.
Speaker AWhat's your next step?
Speaker BYeah, I think it's.
Speaker BIt's finding out how to get in touch with, you know, the logistics manager or the person that.
Speaker BThat handles the freight at those facilities.
Speaker BRight.
Speaker BAnd I think it is a process.
Speaker BRight.
Speaker BHaving to figure out, you know, who those people are and if they are currently using asset base or brokers.
Speaker BIf they're using brokers, it's a plus.
Speaker BAnd the next step is, you know, figuring out if it's the right fit for both companies aside, and then, you know, try to deliver some pricing or try to get some lanes to get pricing for them, you know, and start developing that.
Speaker BThat relationship partnership for the long run.
Speaker CYeah.
Speaker AI say this all the time, and our team's probably sick of hearing it, but if you cannot add value to an organization, there's no sense in talking.
Speaker CAgreed.
Speaker ASo do your homework.
Speaker ADo a little bit of legwork up front.
Speaker ASee if they're potentially a good fit.
Speaker AGet them on the phone and listen.
Speaker AAsk the right questions and listen.
Speaker AIf you're doing, if you're coming out of the gates firing away with a sales pitch when you don't know shit.
Speaker BAbout them, they're going to hang up.
Speaker AOn you because you don't know anything about them.
Speaker ASo how are you knowing what to sell to?
Speaker CRight.
Speaker ASo learning more about what exactly they need and tailoring your pitch to their specific needs is going to increase your likelihood for them to continue the conversation.
Speaker BI agree.
Speaker BAnd I love the fact that, you know, you're talking about, okay, am I prospecting food and beverage in the morning.
Speaker CRight.
Speaker BOr I'm prospecting building materials in the afternoon?
Speaker BNow, you know, some of the conversations that you can, that you're having and you have more continuity when you're making those cold dials.
Speaker CRight.
Speaker BAnd don't get me wrong, cold call inside sales in the logistics industry, it's very hard.
Speaker BRight.
Speaker BIt is not a good, you know, probability or percentage game.
Speaker CRight.
Speaker BYou know, you make 100 calls, you might have, you know, five or 10 people that say, yeah, maybe call me a couple weeks from now and we can have a conversation.
Speaker BOut of those five or 10, how many do you set up in a given month?
Speaker BMaybe two or three.
Speaker CRight.
Speaker BSo it is a challenging game.
Speaker BAnd I think that, you know, the more that, you know that on the front end and the more that you have those expectations, the more you can, you know, grind it out and know that there's, you know, greener pastures ahead.
Speaker AYeah.
Speaker AAnd I think, I think the biggest part.
Speaker AAnd we're going to spend a lot of time on, you know, the sales process.
Speaker CYeah.
Speaker AOn another episode, I think that's, that's a, That's a bigger conversation.
Speaker ASo we're not going to spend too much time right now.
Speaker ABut I think the biggest thing you can do to help yourself is find a routine that works.
Speaker BYeah.
Speaker AAnd that routine has got to include prospecting every single day.
Speaker CYeah.
Speaker AYou have to be disciplined whether you're, you're blocking it into 30 minute blocks or if you know from 1 to 3pm you're prospecting every single day.
Speaker ABut be disciplined with that.
Speaker AThat way your, your pipeline's always filled.
Speaker AAnd you said it.
Speaker AYou know, if you make you have a hundred opportunities, you're probably going to close a small percentage of those.
Speaker BYeah.
Speaker AOkay.
Speaker ASo when your pipeline is constantly filled, you're always going to have clients coming in as long as you're doing the right things.
Speaker ABut sometimes, you know, doing, doing the basics doesn't get you across the finish line.
Speaker BCorrect.
Speaker AOn the next episode, I want to talk about some strategies on how you can separate yourself from the competition.
Speaker ABe different.
Speaker BYeah.
Speaker AAnd increase your likelihood of success.
Speaker BSo you're talking about like 25 bucks with shipping and everything included to try to land a customer and set yourself outside the box, even with like the thing of Woodford.
Speaker CRight.
Speaker BSo what's that?
Speaker B40 bucks to land a massive account that could produce millions of dollars in potential gross sales.