Ask HN: How to sell?
The nature of the business makes it heavily reliant on offline sales and offline salespeople. In the beginning of our business, I handled product development and my partner handled sales. We have now gotten to the point where my employees can basically handle future product development and maintenance and our biggest bottleneck is our sales process. I've been hesitant to move away from being an engineer, because I love engineering - in fact, I've been procrastinating for quite some time now - but my partner has quite rightly pointed out to me that the area where I can add most value to our business is in the sales process. We both believe my procrastination has helped a competitor catch up to us a bit. I am determined to make the transition to a salesman, because that's what we need right now.
The problem is I really don't want to sell things. I have no background in sales. I don't like being around people - I've been an introvert my whole life and talking to strangers (or even friends) physically exhausts me. But, due to some peculiarities of my business, from a sales perspective I am a unique asset - something my competitors cannot easily copy. In many ways, I should theoretically be the lead salesperson, not my partner.
Do you guys have any recommendations - perhaps books and techniques - on how I can gain confidence and become a good salesman?
27 comments
[ 3.7 ms ] story [ 62.6 ms ] threadPractice, practice, practice. Get yourself out there, expose yourself to bad situations, tough questions. Start small if you have to, cold calls, emails, whatever.
I've decided that I need to do more of these "vertical" videos in addition to entrepreneur traction stories. If there are particular aspects you want me to cover, or other topics (in other videos, e.g. SEO), please let me know.
Hire a pro. Have a pro sales friend help you interview him. Read a few sales books too, so you know what to look for.
Always Be Closing
"The hardest thing in life is sell" http://www.imdb.com/title/tt0104348/
* * * The biggest step in my opinion is the psychological one. After that, everything comes in much easier than before.
Frequently the senior salesman, our "closer" (and he was good), would take me to a customer to convince them we had what it took, understood their problem and would solve it, integrate with their systems, etc. etc. etc. (For verisimilitude I'd be wearing my normal business casual attire of a dress shirt, black jeans and visually quiet running shoes.)
I'd spend up to a few hours before a whiteboard with their people and honestly sell our proposed solution, and it worked very well. I wasn't good for anything the next day, but that was more than an acceptable cost.
Anyway, my point here is to echo russell, you may be able to do this with a division of labor approach. Get some salesmen who are good at sales and good enough with the domain to do the work you find the most hard, and reserve your sales efforts for where you can make the most difference.
Good luck!
You're selling something you believe in. That makes it easy.
A specific book I'd recommend is "SPIN Selling" by Neil Rackham. He did actual research into successful solution sales cycles. He outlines the best way to go about making somebody realize that your product is exactly what they want. It's from 1988, but most tactical solutions-selling books since have felt to me like a branded rehash of SPIN Selling.
Once you really listen to your clients, understand them, and make them feel like you understand them, you're good. The rest will come easy once the client feels at ease, and feels like you are willing to take them time and effort to listen to them and put yourself in their shoes.
Seriously, hire someone who likes sales.
I hate selling. I like building. I started my company in 2006. In three years, I signed 3 deals. Then I found a partner who lives and breathes sales. In the past three months, I have signed two additional deals and have five more in end stages of negotiation. Thanks to our new head of sales, went from actively talking with 15 concurrent prospects to actively talking with 150 concurrent prospects.
Don't kill yourself doing sales. Kill yourself finding someone who will do it well and love it.
Edit: I should mention that the average value of our contracts is going up too. Well-executed sales strategy can generate more revenue off of the same quantity of goods sold. Don't underestimate it.
It also helped me to spend a lot of time in bars and cafes talking to strangers until I was comfortable with both the approach & conversation.
If you know (not guessing!) what your customer needs/is missing, you can build something that makes sense from a business perspective.
Of course, I'll definitely agree with another reply regarding hiring someone who excels in and loves sales. It will quite likely be worth the salary/commission.
Basically, start by talking WHY you and your company do what you do rather than WHAT it does. In conversation, people are constantly trying to determine the underlying motives and beliefs of the other party. Don't make them work for it, tell them.
ex: "As an engineer, I enjoy discovering new ways to do things more efficiently. I highly value tools that are pragmatic and well designed. I founded CompanyX to embody these values. We just happen to make the most pragmatic and most efficient Widgets currently on the market."
So you start with Why, and the What(product) will naturally follow.
Start with No: http://mixergy.com/negotiate-jim-camp/
The default answer people will give you is "no", because "no" maintains the status quo and is therefore always a safe choice. If you start by telling the potential customer:
"It's perfectly fine to say NO, I promise I won't personally be offended. If our Widgets are not what you're looking for, feel free to offer suggestions as I was the lead engineer and we are constantly improving our products"
They will become more relaxed and put more genuine effort into hearing what you have to say knowing it's fine to say no.Basically you want to disengage their defense mode.
Also, you can strongly leverage the fact you are an engineer and not a salesman. Literally tell potential customers "I am primarily an engineer not a salesman, but I'm very passionate about the products I've helped design and want to tell people about the cool stuff we've created"
If you came from some engineering field you must have some idea about selling, probably starting seeing sales as an engineering problem, I recommend these articles:
- http://www.forentrepreneurs.com/sales-marketing-machine/jbos...
- http://www.forentrepreneurs.com/sales-marketing-machine/intr...
But in my opinion sales is all about no-procrastination and acting very quickly instead of planning too much.