I am Joe’s Incentive Plan

Standard

Hey.

How ya doin?

I am Joe’s Incentive Plan and I’m not very happy, so listen up.  I got something to say.

Don’t worry, Joe can’t hear us – he’s not thinking about me right now, which is an amazing and rare thing.  He’s in the system now trying to figure out how to add another contact with a different address cuz’ he needs to send the quote to yet another guy in the decision making process….

You probably don’t know this but….

Joe swears at me sometimes.  Like bad.  He does.   And that hurts.  We’re supposed to be close.

Usually it happens at the end of the week or the month when we’re walking down the hall together;   I’m computing away figuring out his paycheck in our head and all of a sudden he’s calling me this and that and how much I stink and how stupid I am and how I like other people more than him and that it’s not fair.  Except he really lets it fly with words I’ve never seen – even though I’m 13 pages long if you include the sign off page.

And then I get ticked off.  I gotta live with this guy and he freakin’ hates me.   I know some things though.  I really do.    And you guys got it wrong.

I’m too smart.  I’m too complex.  I’m too long.   And I knew it when you built me two years ago as you passed me around in all those Reply All’s picking me apart with everyone adding their drivel.   I knew it too when you made me sit for 40 days on that HR SharePoint site where I had nothing to do but look at my pathetic, drug out, butchered self until you’ll finished your Turkey dinners or something.

Then I sat in like 5 more meetings getting longer and longer and with as many asterisks as Barry Bonds will have (what you don’t think I read? His incentive plan is legend).

Let me just say what I know is in my DNA about the best Incentive Plans, before Joe gives up on the CRM and (I’ve seen him do this) jumps in the car and delivers the proposal himself;

Rule 1: A New Incentive Plans’ complexity should be of inverse proportion to the degree of change or results needed.  That’s a fancy way of saying that the bigger the degree of behavior/results changes you need Joe and his group to make – the simpler I must be.

Rule 2: Quit putting specific products/ qualifiers all over me.   Your products and focus aren’t going to stay the same.  Joe isn’t going to be asked to sell the same thing every month or in some cases even the same day.  Get Real!  Give me letter designations like  A, B, C, D.  That gives you and Joe the flexibility to change focus in the business on a dime.

Rule 3: I don’t want to be computing all the way down the darn hallway.  Make it as much as you can, something that  when Joe is done for the day or the week, he’s knows what $$ we made and doesn’t need a degree in calculus and blackmail photos to  use against the Reporting and Analytics guy to get him to run numbers .  Stock broker guys don’t have to do it, nor do the waiters or the brain surgeons.

I gotta go, Joe figured it out in the system.  Now he’s thinking about me again.  Do me a favor; help us enjoy our walks down the hallway.  I don’t want to fight anymore.

Till next time,

Grow The Business.

Mark

Mark’s Blog

Mark’s Twitter

Advertisements

The Most Interesting Sales Rep In The World

Standard

The Most Interesting Sales Rep in The World

His commissions are greater than the GNP of Denmark and Finland combined.

His typical sales contest is winning first, second and 3rd prize.

He’s made The President’s Circle so often he may just run in 2016.

His Sales Manager cries softly just looking at him.

He has his own instance of Salesforce .com

He throws live objections into his sales pitches just for fun.

His business card simply says “You’re Welcome”

He is, the most interesting Sales Rep in the world.

*****

Let’s put aside the hyperbole and fun for a moment and think about what this sales person really looks like because you know he or she must exist somewhere!.  My guess is the following is true about the best sales person in the world.

She gets cold calls from prospects asking her what they need to worry about in their industry and if there’s any way she can help them.  And why shouldn’t she? She’s known for not solving problems buyers already know about but rather the one’s they don’t.

She hasn’t prospected since Thanksgiving; her customers flood her email with friends they want her to call on.  And why would she? If you are truly the best, your raving fans do so much of the prospecting for you.

She often tells clients to hold off signing an agreement because she wants to see the right infrastructure in place first to ensure the product will deliver.  And why shouldn’t she? She knows in today’s competitive global marketplace that selling often really begins after the sale.

She’s got a killer professional social media presence that is seen as a credible resource for evolving solutions and industry trends and dynamics.  Of course she does.  She gets that buyers are researching well ahead and she’ll not wait for the phone to ring or the email or lead come in.  She’s there right from the beginning.

I may not always post a blog inspired by a beer commercial but when I do, it makes you think, no?  Stay thirsty my friends.

Till next time,

Grow The Business.

Mark

Mark’s Blog

Mark’s Twitter

Not Even A Dog’s Year Old

Standard

number six

Not Even A Dog’s Year Old

A small trip down memory lane today.  6 years ago on this day, this blog began.   I started it to help 10 sales folks I was working with at the time and it has become something different than that – but not really.   It is an effort to write something short, perhaps interesting but most importantly, something you can use that day to help you be better at what you do, and to grow the business.

Though not even a dog’s year old, there are more than 350 posts (and over 50 others in draft form so awful that you will never see them) and 180,000+ words blathered in blog form.  Thought it would be fun to share the most popular posts based on the stats as well as some of my favorite posts and a few more of my favorite posts today.

Have fun rereading or reading these today (I did).  And thanks as always for reading and sharing.

5 Most Popular (based on your views and shares)

“Piano Man” is a Bad Song

My 25 Secrets for Selling To Small Businesses

The 6 Rules of Marketing and Sales

Treat Your Boss Well

Stumped

Some of My Favorites

I am Joe’s Lead

6 Questions Never To Ask a Customer

The Perfect I’m Sorry

Angela’s Assist

Platinum Questions Are Better

My Other Favorites (a bit closer to home- but lessons nonetheless)

My Great Pumpkin Lesson

Bailey

The Luckiest Man in the World

A Wii Bit of Advice

4 Minutes with Little Miss Dangling Arms

Fixing a Throwback Problem

Till next time,

Grow The Business.

Mark

Mark’s Blog

Mark’s Twitter

5 Phrases You’re Not Using Enough

Standard

phone

5 Underrated Phrases

Words matter.  Don’t let anyone tell you different.

“Tell me more about that…”  Great at client meetings, great in customer conversations, great in coaching sessions and great at parties!  You don’t lead unnecessarily, you don’t shut someone down and you don’t force anyone down any path they don’t want to go.  You learn and they get to talk and share.  Great sales people know this.  And any of you actors out there know this is the one of the keys to great improv acting—it always keeps the conversation moving and don’t we all want that?

“We love you…”  What is wrong with us?  Do you think your customers give a flying hoot that you “value” them or “appreciate” them or “thank” them?  Blah Blah Blah.   Don’t you really love them? And if not, shouldn’t you?  (Their business puts food on your table).   Use “love“, “adore” or “cherish” in your print materials or email marketing and even those live conversations or voicemails.  There’s nothing wrong with saying “You folks are one of our absolute greatest customers”.  Make it your own—but make it different and real.  Get above the clutter and stand out.

“Let’ me figure out what I can do.”  Who knows why we humans default all the time to what we “can’t” do.  It’s maddening and so hard to break.  But you say the same thing except far better by saying “Let me think about it and come back with what can be done.” Vs “I can’t do this.”   It’s a world of difference be it at work in service, sales and even in your personal relationships.  Positive Resonates; Negative Detonates.

 “Who besides yourself…?”  Add any ending to Who besides yourself as in “has a say in the decision”, “wants to review”, “would like more info”, “would benefit from a demo”?  Too often we push our contacts away (whether we know them well or they just answered your call) instead of protecting them, their contributions and frankly their egos.  Always include, never insult unintentionally by presuming they do not play a role in the next step.

So you’re all set, this will get you (insert pursuit, dream or goal)”:  Easier than it seems but sadly at the end of most meetings, transactions or purchases we limp along and wrap up the pricing, the purchase order or the specifics of the next contact instead of inserting how what just happened is so critical to what the client or the business wants.   They don’t want the copier you’re selling; they want more time to focus on real work.  They don’t want business Facebook page built; they want to get more customers because they’ll be found more easily.  They don’t want to just list out action items for the next meeting; they want to know how what they did today is going to make a difference.  Tie off each meeting or interaction that way no matter what you do—you’ll solidify the value and strengthen the partnership.

 

Till next time,

Grow The Business.

Mark

 

Mark’s Blog

Mark’s Twitter

 

 

Say Something Nice (& 3 Ways To Do It)

Standard

Say Something Nice ( & 3 Ways To Do It)

 

Your mother was right about having something nice to say.  Especially if your clients are businesses.

 

 

Till next time,

Grow The Business.

Mark

 

Mark’s Blog

Mark’s Twitter

Seriously, Which Is Better?

Standard

 

Somebody walks into your shop or calls you.  You can ask a series of silly questions or a wicked awesome one.  Which will you do?    First of a series on the topic!

 

 

 

 

Till next time,

Grow The Business.

Mark

 

Mark’s Blog

Mark’s Twitter

Scrabble

Standard

scrabble

You can call it volunteering if you want but I just call it “an old fashioned whoopin’ that keeps on giving”

It’s true I’ve been known to head to the local Sr. Center and um… volunteer to play scrabble with some of the folks that hang out there.   My objective is twofold:  give of my time and talent to these wonderful folks and of course, to win.

Scrabble is a great game. It’s a great game for anyone.  It keeps the mind sharp.

Let’s all agree to that helping drive interest in the playing of Scrabble is a good thing – especially at a Senior Center.  Let me make an argument that it’s even better when I do it.   Scrabble in my hands for a mere hour a week, is a series of important life lessons for all of us.

  • Losing never gets old.  Chances are overwhelming that you will lose to me.  (Ok, well 2 weeks ago was an exception – but I’ve got my eye on you Betsy).  There’s no age when losing should stop.  Life is funny like that; the only time losing stops pretty much is when you’ve given up trying something or are no longer literally getting in the game.  My trouncing you is therefore, good for you.
  • Chi is good, really good.   Chi is a word that means vital internal energy.  Good chi is exactly what you want in your Senior Center and exactly what you want in Scrabble.  With me as your Scrabble guide, you’ll get vitally energized when you learn that you can spell “chi” for immense points in two other ways with just two letters as in “xi” and “qi”.  What fun!  When I did this for 31 points, Kathy shot me a look and then spewed out  two other choice letters tied together that I can’t mention, but nevertheless, this is a teaching moment!  – Teaching never grows old, even if we do.
  • Without rules there’s Chaos.   Just because we may have a little more life experience doesn’t mean rules get lax.  I have a lot of personal rules about Scrabble I think are endearing and truly in the spirit of the game.  One rule is that you should never put down a word that you cannot use in a sentence.   Nancy disagreed when I asked her about “el” and then slammed down her 4 page print-out of acceptable 2 letter Scrabble words and said “That’s stupid-  it’s a word! But to make you happy, how about you shutting the el up?”  Funny now but she’ll think about it later and realize how much I’ve taught her.

This week at my suggestion, we’ve added a Scrabble trophy for the winner of the weekly matches. The winner keeps it for the week, snapping and posting photos of you and your trophy around town.  A nice incentive to work hard every week and improve your game I say.   My Scrabble mates liked the idea but suggested if I win, to take a photo of myself and the trophy at the end of a long walk on a short pier.

Not very nice but chi is xi baby– bring it on!

Till next time,

Grow The Business.

Mark

Mark’s Blog

Mark’s Twitter